A Historic Crash, Triggered by a Chip Shock The KOSPI’s July decline surpassed the single-month drops recorded during the 1997 Asian Financial Crisis and the 2008 Global Financial Crisis, making it the worst month in the index’s history. The rout deepened most recently starting July 28, when news that China had begun mass production of
Binance Dominates the Futures Battlefield Binance controls the largest share of bitcoin futures open interest, according to Coinglass.com futures stats logged on Wednesday. The total value of contracts still outstanding is 148,500 $BTC worth $9.61 billion. CME ranks second at 102,840 $BTC, or $6.66 billion, after posting a 6.82% jump in just one day. MEXC
Alpaca, a provider of brokerage infrastructure for digital assets and securities, has raised $435 million in a new funding round, as reported by The Block. The investment underscores growing demand for technology that enables financial institutions to offer tokenized trading and investment services. Funding Details and Strategic Focus The round brings Alpaca’s total funding to
Cardone Capital, the U.S. real estate investment firm led by Grant Cardone, has increased its Bitcoin holdings to more than 2,800 $BTC, according to a post on X by the company’s founder. The announcement follows the acquisition of a 282-unit apartment property in Naples, Florida, which the firm says is part of a hybrid strategy
Quantum computers won’t erase Bitcoin, Ethereum or any other chain overnight, but they will eventually break specific pieces of math that almost every blockchain depends on. That distinction matters. A recent technical breakdown published by StarkWare, the company behind Starknet, argues that the real quantum risk blockchain networks face isn’t a blanket doom scenario —
The total market capitalization of euro-denominated stablecoins has climbed above $810 million as of Aug. 5, according to data from blockchain analytics platform Token Terminal. Circle’s $EURC leads the sector with a 65% market share, underscoring the growing demand for euro-backed digital assets in the crypto economy. $EURC Leads, But Competition Is Emerging $EURC, issued
Closing the Gap on Reserve Reporting AEREDIUM Holdings was recently granted a U.S. patent for an artificial intelligence (AI) system designed to continuously audit digital asset reserves in real time, aiming to replace traditional accounting attestations with automated oversight. The United States Patent and Trademark Office issued U.S. Patent No. 12,694,407 B1 on July 29.
Intra-Day Price Volatility and Resistance On Wednesday, bitcoin stubbornly anchored itself above the $64,000 baseline, though broader bullish momentum remained muted as political friction intensified around the impending CLARITY Act vote. Despite a sharp spike in 24-hour volatility, market data indicate the top cryptocurrency still managed to carve out a slight upward trajectory compared to
Trading in Capital B’s shares more than doubled within two hours of its debut on Cboe Europe, a strong signal that European investors were hungry for easier access to the French Bitcoin treasury company. The Capital B Cboe listing, which went live on August 5, quickly outpaced trading on the firm’s original Euronext Growth Paris
Fundstrat cofounder Tom Lee has warned that quantum computers might compromise the security of Bitcoin as soon as 2028 or 2029. Lee cited recent research from Google, claiming advancements in quantum technology could soon render Bitcoin’s existing protections obsolete, and cautioned that the crypto sector currently does not have a unified mitigation strategy. Ethereum and