Bitcoin may be preparing for another move higher after holding key support despite a sharp intraday sell-off, according to prominent crypto trader DonAlt. “Looks like we’re gonna get another leg up soon,” DonAlt said in a post on X on Aug. 31. The comment comes as Bitcoin heads into September after an unusually strong August
USBC, a company known for its Bitcoin treasury strategy, has filed a registration statement covering approximately 359.82 million shares, representing about 92.7% of its total shares outstanding, for potential resale by existing shareholders. The shares have already been issued, and no actual sale has been determined as of the filing date, according to a report
Block production on the Avail network was halted for approximately 40 minutes, according to community reports. The interruption, which occurred earlier today, was not immediately explained by the team, leaving validators and users awaiting an official statement. What Happened? Avail, a blockchain project focused on data availability, experienced a temporary cessation of block production. During
Stablecoins such as $USDT and $USDC could make cross-border payments faster and cheaper by reducing some of the friction built into traditional international transfers, according to the International Monetary Fund. However, the IMF has not conducted a definitive fee comparison showing that stablecoins are always cheaper than bank payments. Instead, it says stablecoins have the
CME Group has pulled back the curtain on a new set of benchmarks designed to give Wall Street a clearer read on the crypto market as a whole, rather than just tracking Bitcoin or Ether in isolation. The exchange operator and its index partner, CF Benchmarks, rolled out two multi-asset crypto indices on August 31,
MSX, a real-world asset (RWA) platform, has launched its third pre-IPO investment offering, giving eligible users access to tokenized shares of Neuralink and Anduril. The subscription window runs from Aug. 31 to Sept. 6, with allocations tied to assets held on the platform. Offering Details and Valuation According to MSX, Neuralink is offered at a
Polygon has announced that nearly every dollar on-ramped to its platform through Mercuryo is now arriving as a stablecoin. This significant shift reflects the evolving nature of on-chain financial transactions and indicates a growing preference for stability in the volatile crypto market. The implications of this trend could reshape how users engage with the Polygon
Cathie Wood’s ARK Invest bought nearly $53 million of Nvidia stock after the AI chipmaker pulled back from its explosive post-earnings rally, while simultaneously selling tens of millions of dollars worth of rival Advanced Micro Devices shares. ARK acquired 243,707 Nvidia shares on Friday, Aug. 28, worth about $53 million based on NVDA’s $217.55 closing
Prominent quantitative trader KillaXBT has issued a bold prediction, stating that Bitcoin will reach a new all-time high next year. In a recent post to his 223,000 followers on X, he argued that the biggest mistake investors could make right now is staying on the sidelines instead of buying. KillaXBT’s Bullish Outlook on Bitcoin KillaXBT,
Binance founder Changpeng Zhao, widely known as CZ, has publicly revised his previous skepticism about real-world asset (RWA) tokenization, signaling a more optimistic outlook for the sector. Speaking at the EASY Residency program, an incubation initiative hosted by YZi Labs (formerly Binance Labs), Zhao highlighted growing demand for tokenized assets, ranging from U.S. Treasuries to