A wave of high-profile raises last week—totaling nearly $2 billion—signals institutional confidence in digital assets, blockchain infrastructure, and on-chain treasury strategies. According to Crypto-Fundraising.info, Marathon Digital’s $850 million convertible note offering led the pack between July 28 and Aug. 2, followed by Mill City Ventures’ $450 million move into Sui-backed tokenization. Ethereum-native treasury pivots from
In a surprising and unexpected twist for the crypto community, new reports suggest that the statue of Satoshi Nakamoto, erected in Lugano, Switzerland, has gone missing. In an homage to innovation, Plan B, an initiative founded in partnership with Tether and the City of Lugano, unveiled a life-sized statue of Satoshi Nakamoto at the 3rd
With Bitcoin (BTC) losing the $115,000 support amid a broader market correction, a trading expert has suggested that the asset has officially entered correction mode. According to Master Ananda, Bitcoin’s corrective phase is evident in its nearly 10% decline from mid-July record highs, with the price now testing key support near the previous all-time high.
Elon Musk, the richest person on the planet, is seemingly concerned about the security of Bitcoin’s cryptographic security. He recently took on X to ask Grok, the artificial intelligence chatbot embedded in the social media network, to estimate the probability of Bitcoin’s SHA-256 hashing algorithm getting cracked by quantum computing. This came in response to
Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most
The Bank of Botswana is in the early stages of a feasibility study to evaluate whether to introduce a central bank digital currency (CBDC). According to Ruth Baitshepi, head of the digitalization and innovation hub, the study aims to assess both the necessity of a CBDC and the potential risks digital assets pose to the
Bitcoin is trading at $113,924 to $114,016 over the past hour as of Aug. 3, 2025, with a market capitalization of $2.26 trillion and a 24-hour trading volume of $32.42 billion. The cryptocurrency has seen an intraday range of $112,113 to $113,981, underscoring ongoing volatility and cautious sentiment among traders. Bitcoin From the daily chart,
As global markets hit the skids this week and forced liquidations and margin calls wipe out more levered longs, prominent traders are repositioning accordingly. New tariffs announced by the Trump administration and a sharply weaker U.S. jobs report caused anxiety in global markets; the S&P 500 lost 1.6% in a day, and Bitcoin, true to
Cryptocurrency analyst Seán Murray has made a sweeping claim that Jack Dorsey, founder of social media platform Twitter, could be Satoshi Nakamoto, the mysterious founder of Bitcoin. Murray stated that he supports this theory based on many details, from technical background to personal connections. According to Murray, Bitcoin’s source code, written in C++, is noteworthy
Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the Department of Finance at Birmingham Business School (BBS). This is the eighth installment of the Professor Coin column, in which I bring important insights from published academic literature on cryptocurrencies to the Decrypt readership. In this article, I discuss what gives