Everything web3, crypto, defi, degen
In brief U.S. wholesale prices rose 0.9% in July, the largest monthly gain in more than three years, dimming prospects for a September Fed rate cut. Bitcoin and Ethereum retreated from recent highs as traders scaled back bets on imminent policy easing. Analysts see seasonal weakness in September but expect rising global liquidity to support…
In brief OFAC sanctioned Garantex on Thursday for its role in processing more than $100 million linked to illicit activities. It also blacklisted six businesses and three executives tied to the exchange. Blacklisting platforms that offer services aimed at circumventing sanctions is crucial to OFAC’s mission, an analyst said. The U.S. Department of Treasury’s Office of…
In brief Crypto markets are in correction mode, as PPI throws cold water on the rally. But Cardano traders had other ideas today. ADA pumped while XRP, BTC, and ETH dumped. Here’s why, and what the charts suggest may happen next. Crypto volatility is back. But while most of the majors are pulling back, with…
In brief Cathie Wood’s Ark Invest added 2.5 million shares of Bullish (BLSH) amid the exchange’s IPO on Wednesday. Shares of Bullish tripled in price after hitting the market at $37, but have settled to nearly $75 as of Thursday afternoon. The mark gives Ark Invest nearly $189 million worth of BLSH, as of this…
In brief Bitcoin’s price fell Thursday following a hotter-than-expected PPI report. Producer prices rose 0.9% in July, the largest monthly increase in over three years. Traders abandoned the prospect of a 50-basis-point rate cut. Bitcoin and other cryptocurrencies slipped on Thursday after rising producer prices blunted rate-cut hopes, and U.S. Treasury Secretary Scott Bessent said…
In brief Experts generally agree that favorable regulatory shifts in the United States and massive buy-ups of Ethereum on Wall Street have enabled ETH’s current, ongoing streak. Some analysts contend these factors are so bullish for Ethereum, that the token will continue to surge through the end of the year, potentially beyond $7,000. Others caution,…
In brief JPMorgan analysts said Ethereum offers exposure to the stablecoin boom. Growth in stablecoins is outpacing the crypto market itself, they wrote. Not long ago, analysts questioned the value of Layer-2 networks. Ethereum’s recent outperformance could continue as Wall Street begins issuing massive amounts of stablecoins within its ecosystem, JPMorgan signaled in a Thursday…
In brief Blockchain security firms on Thursday flagged that nearly $50 million in crypto had suspiciously left the exchange BtcTurk. The crypto exchange then said it had stopped withdrawals and is investigating the transfers. Hackers previously stole $54 million from BtcTurk in 2024. Turkish crypto exchange BtcTurk on Thursday froze customer withdrawals after blockchain analysts…
In brief U.S. Treasury Secretary Scott Bessent said Thursday that the U.S. government will not be buying additional Bitcoin to supplement reserves of the token acquired via law enforcement seizures. For months, White House officials had stoked the hopes of Bitcoiners by saying they wanted to acquire as much of the cryptocurrency “as possible.” But…
August 14, 2025 | Asset Listings We’re thrilled to announce that SLAY is available for trading on Kraken! Funding and trading SLAY trading is live as of August 14, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
