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Spot Bitcoin and Ethereum ETFs reached a weekly trading volume of $40 billion, setting a new record. The increased activity in these ETFs highlights growing interest from both institutional and retail investors in cryptocurrency assets.

Brazilian police have arrested four suspects involved in kidnapping the mother of a crypto trader, demanding a ransom in Bitcoin. This incident highlights the increasing trend of 'wrench attacks' targeting cryptocurrency holders globally.

US stocks ended mixed on Friday with the Dow Jones up slightly, while the S&P 500 and Nasdaq fell. UnitedHealth surged 12%, and Intel also saw gains, whereas Alibaba experienced a slight drop.

In the past 24 hours, $439 million was liquidated across the network, with $357 million in long positions and $82.42 million in short positions. Bitcoin and Ethereum saw significant liquidations, with the largest single liquidation order on Binance's BTCUSDT pair worth $6.35 million.

New York State Assemblyman Phil Steck has introduced a bill proposing a 0.2% consumption tax on cryptocurrency transactions statewide, which could generate approximately $158 million annually for drug abuse prevention programs in northern New York schools. The bill includes transactions involving NFTs, digital assets obtained through mining and staking, and stablecoins, with Steck citing Chainalysis data estimating New York's annual crypto transaction volume at about $79 billion.

Bitcoin OG Udi Wertheimer suggests a new type of buyer, who 'never sells', is acquiring Bitcoin from long-term holders, potentially driving its price to $400K by year-end. This insight was shared during an exclusive interview with Cointelegraph.

SharpLink's shares decreased by 12% following a Q2 crypto impairment loss. The company remains the second-largest corporate holder of ETH, with holdings valued at $3.5 billion.

Beaconchain data shows 355,919 ETH in the Ethereum validator entry queue with a 6-day wait, and 831,056 ETH in the exit queue facing a 14-day delay. The network boasts 1,085,264 active validators and 35.6 million ETH staked, accounting for 29.46% of the total supply.

Data from Coinglass indicates that BTC surpassing $123,200 could lead to $2.78 billion in short liquidations on major CEXs. Conversely, a drop below $112,200 might result in $1.87 billion in long liquidations.

The cryptocurrency market sees a sharp reversal with Bitcoin falling below $117,000 and Ethereum sliding to $4,400, just days after reaching record highs. This downturn marks a significant pullback in the recent crypto rally.

Stellar Lumens (XLM) maintains stability around $0.42, supported by significant wallet growth and increased total value locked, hinting at a potential rise towards $0.50. The cryptocurrency's network expansion and investor optimism suggest a possible breakout beyond current resistance levels.

Czech authorities have arrested Tomáš Jiřikovský, a convicted trafficker, in connection with a bitcoin donation to the Ministry of Justice. The investigation has expanded to include money laundering and drug charges.

Today's crypto news covers the latest trends and events affecting Bitcoin prices, blockchain technology, DeFi, NFTs, Web3, and crypto regulations. The update provides a neutral overview of significant developments in the cryptocurrency space.

The US July PPI annual rate reached 3.3%, surpassing the expected 2.5%. Ethereum spot ETFs have attracted $2.9 billion in net inflows as of Thursday, marking a 14-week streak, while Do Kwon has pleaded guilty to fraud charges, facing up to 25 years in prison.

The GENIUS Act is misunderstood by critics; it does not exempt Bitcoin from taxes but aims to disrupt Wall Street's control over dollar clearing. This legislation seeks to change the financial landscape by challenging existing dollar clearing monopolies.

Bitcoin and Ether are experiencing a pullback, indicating selling on rallies, yet buyers may emerge at crucial support levels. The market's focus remains on these key cryptocurrencies as they test significant price points.

Hyperbeat has raised $5.2 million in funding from ether.Fi and Electric Capital to develop its yield infrastructure for participants in the Hyperliquid ecosystem. The investment aims to support traders, protocols, and institutions within the ecosystem.

Bitcoin's price stability raises questions about its future direction and the possibility of reaching $124K. Analysts are examining the factors and timeline for such a significant price movement.

SharpLink announced its Q2 2025 results, revealing ETH holdings of 728,804, now its main reserve asset since June. The company has raised over $2.6B to expand its position and staked nearly all ETH, earning 1,326 ETH in rewards.

Czech police have arrested Tomas Jirikovsky, the founder of a darknet, in connection with a $45 million Bitcoin bribery case linked to the resignation of former Justice Minister Pavel Blazek. The case highlights the ongoing challenges law enforcement faces in tracking illicit cryptocurrency transactions.

The recent Bitcoin rally has stalled due to concerns over U.S. inflation and sudden policy shifts. Investors are closely monitoring the situation for further developments.

Bitcoin miners are encountering increased competition from AI data centers for access to affordable sustainable energy, which may lead to a surge in institutional investment. Jeremy Dreier of GoMining highlights this emerging trend.

Binance Futures announces the launch of a USD�-margined USELESSUSDT perpetual contract starting August 15, 2025. The new contract aims to provide traders with more flexibility in their trading strategies.

Bitcoin and MSTR have demonstrated superior risk-adjusted returns with Sharpe ratios exceeding 2.0, significantly outperforming technology counterparts averaging around 1.0, as implied volatility reaches new lows.

Circle announces the offering of 10 million Class A shares at $130 each, significantly higher than its June IPO price of $31. The company made its debut on the New York Stock Exchange with the initial public offering.

A cybersecurity expert has raised concerns that quantum computing could compromise Bitcoin's security by decrypting data in the future. The expert suggests that current encrypted data could be vulnerable to future quantum attacks.

Coinbase Institutional predicts the beginning of an altcoin season in September, citing decreasing bitcoin dominance, better liquidity, and increased investor interest. This shift could lead to significant gains for altcoins as the market dynamics change.

The Ethereum PoS network's exit queue has increased to approximately 818,000 ETH, valued at around $3.72 billion, with a withdrawal delay of 14 days and 5 hours. Meanwhile, the entry queue for new validators has risen to about 362,300 ETH, worth approximately $1.649 billion, with a current waiting time of 6 days and 7 hours.

Arkham has announced the addition of support for monitoring BitMine holding addresses, which currently hold 1.174 million ETH, valued at approximately $5.26 billion.

SharpLink Gaming, Inc. (NASDAQ: SBET) shares experienced a 10% decline during the trading day, with the price currently at $20.1116. The drop reflects significant intraday volatility for the gaming company's stock.

Arkham has announced the addition of support for monitoring BitMine's ETH holdings, which currently amount to 1.174 million ETH, valued at approximately $5.26 billion.

Moonshot has launched ANONCOIN, which currently reports a market capitalization of $19.7 million. The cryptocurrency also recorded a 24-hour trading volume of $2.7 million and a 241% increase within the same period.

Ethereum's price is nearing its all-time high with a potential breakout to $6,000 as its supply on exchanges decreases to 12%. A liquidity shortage may further propel its price upward.

BitMine has received five large ETH transfers totaling approximately 28,650 ETH (around $130 million) from Galaxy Digital’s OTC address to its BitGo-custodied wallets in the past two hours, according to Arkham data. The transactions highlight significant movement of Ethereum assets between major cryptocurrency entities.

GMXSOL has introduced its RWA market, enabling perpetual trading of key U.S. stocks and ETFs such as SPY, QQQ, and AAPL. The Solana-based protocol employs Chainlink oracles and features risk parameters optimized by Chaos Labs.

Hive Digital announced a significant increase in its fiscal Q1 2026 revenue, with a 44.9% rise in its mining segment and nearly 60% in its HPC unit. The growth was primarily driven by Bitcoin and high-performance computing activities.

ARK Invest has deposited 1,268 BTC, approximately $148.88 million, into Coinbase within the last 30 minutes. This transaction was monitored by Lookonchain, highlighting a significant movement of cryptocurrency assets.

BitMine has purchased an additional 28,650 ETH, worth approximately $130 million, increasing its total holdings to 1.174 million ETH, valued at around $5.26 billion. This move underscores the investment firm's continued confidence in Ethereum.

The average funding rate for BTC over the last 8 hours across the network is 0.0039%, with Binance at 0.0035%, OKX at 0.01%, and Bybit at -0.0047% among major exchanges.

A Longling Capital-linked address sold 7,000 ETH, approximately $31.82 million, during a market downturn. The wallet still holds 79,077 ETH, valued at around $352 million.

The price of SOL has decreased to $184.72, marking a 5.2% drop today. This decline reflects the current volatility in the cryptocurrency market.

The Plasma mainnet beta is set to launch on Aave, starting with a USDT total value locked (TVL) exceeding $1 billion, making it the second-largest liquidity market for USDT across all chains. This development marks a significant milestone in the integration of Plasma with Aave's lending platform.

Bitcoin's price fell to $117,000, marking a 1.26% decrease over 24 hours, according to HTX market data. The current trading price is reported at $117,000.

Hedge fund Brevan Howard has disclosed holdings exceeding $2.32 billion in BlackRock's Bitcoin spot ETF. This significant investment highlights the growing institutional interest in cryptocurrency-based financial products.

XRP has seen a 4.09% drop as U.S. inflation rises, dampening hopes for Federal Reserve rate cuts. The cryptocurrency's decline is also attributed to failed breakout attempts in its price trajectory.

Plasma's mainnet beta version is set to launch on Aave, with the initial USDT total value locked (TVL) exceeding $1 billion, making it the second-largest USDT liquidity market across all chains.

Hedge fund Brevan Howard has disclosed holdings exceeding $2.32 billion in BlackRock's Bitcoin spot ETF. This significant investment highlights the growing institutional interest in cryptocurrency-based financial products.

Digital Currency Group (DCG) has filed a lawsuit against its subsidiary Genesis, seeking over $105 million in claims. The legal action highlights a significant dispute within the cryptocurrency investment sector.

The Solana ecosystem's meme coin HODL has exceeded a $60 million market capitalization within 22 hours of its launch, with trading volume reaching $15.07 million. Investors are cautioned about the high volatility and lack of practical use cases of meme coins.

Three exploiters have capitalized on ether's recent price surge to liquidate $72 million in stolen funds, significantly increasing their profits. This move highlights the ongoing challenges in securing digital assets against theft.

New York state legislators are considering a bill to impose a 0.2% consumption tax on digital asset transactions, including Bitcoin and Ethereum, starting September. The revenue would fund substance abuse prevention and intervention programs in upstate schools, with individuals or institutions facilitating these transactions responsible for the tax.

Top Win International, Taiwan's first publicly traded corporate Bitcoin treasury, has raised $10 million to initiate its Bitcoin purchases. This move marks a significant step in corporate cryptocurrency investment in Taiwan.

Deribit announces the introduction of linear options for Bitcoin and Ethereum, settled in USDC. This move aims to provide traders with more flexibility in their trading strategies.

Qubic has published a report on its 51% attack experiment, revealing that 6 blocks were reorganized and 60 blocks became isolated during the process. The experiment highlights vulnerabilities in blockchain networks to majority attacks.

Jeffrey Huang has increased his leveraged positions in ETH (25x) and BTC (40x), now holding 21,900 ETH ($100 million) and 50 BTC ($5.9 million), with cumulative profits exceeding $32 million.

Cycle Network has officially launched on the UnicornX platform's UniCall section, with its value surging up to 294.47%. The network has also secured a strategic investment from Unicorn Verse, aimed at supporting its secondary market and future development, focusing on creating a 'VisaNet' for the cryptocurrency sector.

Analysts suggest Bitcoin may face a correction in August due to buyer exhaustion, with capital likely shifting towards altcoins as seen in past cycles. This trend mirrors previous market behaviors where altcoins benefited from redirected investor interest.

Qubic announced achieving over 51% hashrate control on the Monero network, resulting in 6 blocks being reorganized and 60 becoming orphaned. The experiment also revealed Qubic's mining rewards were nearly four times that of Monero's during the period.

Hyperbeat, a native yield layer of the Hyperliquid ecosystem, has successfully raised $5.2 million in an oversubscribed seed funding round led by ether.fi Ventures and Electric Capital, with participation from Coinbase Ventures, Chapter One, and others. The platform aims to build permissionless financial infrastructure enabling users to earn yields, stake, and spend directly from their on-chain investment portfolios.

BONK has stabilized after experiencing heavy selling, with institutional traders now observing potential upside from its current consolidation zone. The meme token tested major support levels before finding stability.

Avalanche (AVAX) and Cardano (ADA) experienced gains, with AVAX up by 3.4% and ADA also rising by 3.4% from the previous day. The CoinDesk 20 index traded higher, reflecting positive movements in these cryptocurrencies.

A newly created wallet address has withdrawn 455,298 LINK, worth approximately $10.2 million, from Binance within the past 4 hours. The transaction was monitored by Lookonchain, highlighting significant movement of the cryptocurrency.

Binance Wallet announces the OpenEden Booster event starting August 18 at 19:00 UTC+8, requiring a minimum Alpha score of 61 for participation, with a total reward pool of 20,000,000 EDEN tokens.

In the past 24 hours, $446 million was liquidated across the network, with $326 million in long positions and $120 million in short positions. Bitcoin and Ethereum saw significant liquidations, with the largest single liquidation order on Binance's BTCUSDT pair worth $4.4263 million.

SEC Chairman Paul Atkins announced efforts to mobilize all departments to establish the US as a global hub for Bitcoin and cryptocurrencies. The initiative aims to enhance the country's position in the digital asset space.

BlackRock's Bitcoin and Ether ETFs have acquired $1 billion worth of assets, signaling strong institutional demand despite recent price corrections in BTC and ETH. Investors are viewing the current price levels as an opportunity to buy, highlighting confidence in the long-term value of these cryptocurrencies.

BTC price has fallen below $119,000, currently trading at $118,824.1 on OKX, with a 0.18% increase over the last 5 minutes.

MetaEra CEO Jessica Yang has confirmed her attendance and will deliver a keynote speech at the Crypto Finance Forum 2025 - HKU Edition, scheduled for August 27, 2025, at the University of Hong Kong. The forum, co-hosted by HKU's Faculty of Business and Economics and MetaEra, aims to explore the integration of crypto finance with academia, focusing on current issues like new policies and regulations.

SharpLink Gaming, Inc. announced its Q2 financial results, revealing holdings of 728,804 ETH, largely staked, earning approximately 1,326 ETH in rewards. The company raised over $2.6 billion through various financing methods to support its ETH acquisition strategy.

The GENIUS Act's clause allowing state banks to operate nationally under federal oversight has sparked a regulatory debate, with concerns over weakened state authority and financial stability. Banking groups warn of a potential $6.6 trillion deposit outflow due to a loophole in the Act's interest payment ban on stablecoins, a claim contested by Coinbase's policy head.

The article explores how peace talks in Ukraine could influence Bitcoin's price in 2025, presenting three scenarios: ceasefire, shaky deal, or escalation. Each scenario's potential effects on BTC are analyzed to provide a comprehensive outlook.

RootData, a Web3 asset data platform, has introduced a project calendar module enabling users to track future crypto industry and project events like product launches and token unlocks. The platform plans to integrate major macroeconomic and political calendar data by the end of the month to enhance user research and investment decisions.

Hyperliquid and EdgeX have emerged as leaders in the PerpDEX market, with Hyperliquid achieving over $7 million in revenue in 24 hours and EdgeX surpassing $20 billion in trading volume. Both platforms have shown significant growth in user activity and liquidity provider returns.

Coinbase's monthly outlook suggests a potential full altcoin season by September, with over $7 trillion in money market funds possibly shifting towards cryptocurrencies. Ethereum (ETH) shows increased institutional interest, supported by digital asset treasury demand and narratives around stablecoins and real-world assets.

Synthetix and Infinex founder Kain Warwick announced plans for Synthetix to return to the Ethereum mainnet, aiming to introduce a modern, high-performance decentralized exchange for perpetual contracts. The team is focusing on an off-chain order book design, which keeps all funds on the mainnet, considered the best approach for perpetual contracts today.