Category Archives: crypto

Michael Saylor’s Strategy buys the Bitcoin dip, adds 4,048 BTC

The acquisition cost $449.3 million, with the company paying an average of $110,981 per coin. Following the latest acquisition, Strategy’s total Bitcoin holdings rose to 636,505 BTC. The company’s latest purchase follows a series of smaller acquisitions in August. Strategy, the world’s largest public company holding Bitcoin, led by Michael Saylor, disclosed in a US […]

Bitcoin, Ethereum hold steady as crypto braces for a historically brutal September

The crypto market is bracing for “Red September,” its historically worst month. The Crypto Fear and Greed Index has plummeted into the “fear” zone. Bitcoin is holding critical support around the 108,000 dollar level for now. A fragile and deceptive calm has settled over the cryptocurrency market as September begins, a quiet start to what […]

Crypto hacks in August hit $163 million as exchange risks grow

The largest theft was $91.4 million from anonymous Bitcoin addresses. Other victims included Odin.fun ($7 million), BetterBank.io ($5 million), and CrediX Finance ($4.5 million). Weak audits, human error, and fast platform launches are driving security risks. The digital asset industry faced another blow in August as hackers stole $163 million across 16 separate incidents, according […]

Bitcoin ETFs see first-ever outflow of $751 million as Ethereum funds gain $3.9 billion

Bitcoin ETFs saw a $751 million net outflow in August, a first-ever event. Ethereum ETFs absorbed a massive $3.9 billion in net inflows in August. BTC’s price has fallen below key short-term holder cost basis levels. A stunning and unprecedented reversal has rattled the very foundations of the cryptocurrency market. For the first time since […]

South Korea cracks down on crypto scam after BTS star Jungkook hit in 39 billion hack

258 victims’ personal data stolen from six public and financial portals. BTS star Jungkook targeted with 8.4B won HYBE stock theft attempt. 21.3B won in virtual assets stolen, 12.8B won recovered by police. South Korean authorities have uncovered one of the country’s largest cyber fraud cases, dismantling an international hacking ring that stole nearly 39 […]

Bitcoin remains under pressure as gold targets a new all-time high

Bitcoin’s rally attempt fails as it retreats to below 112,000 dollars. Gold continues its quiet but powerful climb, nearing its all-time high. In August, gold is up nearly 4 percent while Bitcoin has fallen over 5 percent. A hopeful rally in the cryptocurrency market was decisively crushed on Thursday, as steady selling pressure throughout the […]

JPMorgan says Bitcoin is undervalued compared to gold as volatility plummets

Bitcoin’s volatility halves in 2025, attracting cautious institutional investors. Corporate treasuries now hold over 6% of Bitcoin’s circulating supply. JPMorgan values Bitcoin $16K below gold parity, implying $126K potential. JPMorgan Chase is making waves with their latest take on Bitcoin as the investment bank identified that it’s way undervalued compared to gold. What caught their […]

Ethereum eyes breakout to $5,000 as Cathie Wood bets on ETH treasury firm

Ethereum trades above $4,600 as bulls target a breakout to $5,000 A surge in Ethereum ETF net inflows and broader crypto bounce give buyers an edge. Tom Lee has predicted the ETH price surging to $5,500 and possibly $10,000 in 2025. Ethereum price hovers at around $4,595, slightly down in the past 24 hours but […]

ETH outperforms BTC by 26% as a structural shift grips the crypto market

Traders now see a 26% chance of ETH hitting 5,000 dollars this month. A “major liquidity floor” for ETH is being built by institutions. ETH has gained 20% in 30 days, while Bitcoin has fallen 6%. A tectonic shift is reshaping the cryptocurrency landscape. While Bitcoin, the long-reigning king, stumbles under the weight of fading […]

Why Ethereum’s DeFi sector is struggling despite Ether reaching record highs

ETH reached $4,700 in August 2025, yet DeFi adoption grows slowly. Regulatory rules, high fees, and complex processes hinder mass DeFi participation. Layer 2 solutions and better collaboration with regulators may drive future growth. Ethereum’s DeFi sector continue to run into issues, even though Ether (ETH) hit record highs in August 2025. ETH reached $4,700, […]

UAE identified as holding $700M in Bitcoin from mining operations

According to blockchain analytics platform Arkham Intelligence, the United Arab Emirates holds about $700 million in Bitcoin. Arkham traced the mining activity to Citadel Mining, which it said was established in Abu Dhabi in 2022. Based on Arkham’s report and estimates from BitBo, the UAE ranks sixth among sovereign Bitcoin holders. The United Arab Emirates […]

Bitcoin slips below $110,000 as analysts warn of ‘brittle’ market structure

The crypto bull run is fraying as Bitcoin slips below $110,000. A massive whale sale triggered over 500 million in liquidations. A huge divergence: Retail is selling while institutions are buying. The crypto bull run is fraying at the edges, its momentum faltering in the face of a profound and unsettling contradiction. On the surface, […]

Bitcoin drops to $111K as post-Jackson Hole bounce fades

Bitcoin price has dropped to lows of $110,956 as gains seen on Friday disappear. The downturn has accelerated amid the BTC sell-off and decline in dominance. Analysts say Bitcoin can extend losses below $110k amid wider fall. Bitcoin’s downturn since the brief surge post Federal Reserve chair Jerome Powell’s speech at Jackson Hole on Friday […]

What sparked the sudden crypto market surge?

Crypto market cap has rebounded above $4T after Fed rate-cut signals. Bitcoin reserve proposals boost confidence in digital assets. Ethereum and Chainlink lead altcoin rally with double-digit gains. The cryptocurrency market has staged a remarkable rebound, with total market capitalisation climbing more than 5% in the past 24 hours to reclaim the $4.01 trillion level. […]

Bitcoin whale shifts $76m into Ethereum with leveraged bets amid ‘Ethereum season’

Whale opened $295m ETH longs with up to 10x leverage. ETH ETFs attracted one year’s worth of inflows in six weeks. Institutional ETH reserves surged from $6bn to $17bn in a month. An old Bitcoin (BTC) whale has moved millions into Ethereum (ETH), marking one of the largest visible portfolio shifts this quarter. Blockchain data […]