• Tether and Rumble announced they plan to jointly buy all shares of Northern Data, giving them full control of the AI infrastructure firm.
    Cryptocurrency

    Tether and Rumble aim to buy 100% of Northern Data

    August 11, 2025 - By 

    Tether and Rumble announced they plan to jointly buy all shares of Northern Data, giving them full control of the AI infrastructure firm. In a Monday update, Rumble said the proposal would build on Northern Data’s current AI and high-performance computing (HPC) business. Tether, the issuer of the USDT stablecoin and already Northern Data’s largest shareholder, would support the deal. Tether has also signaled future collaborations in AI, peer-to-peer communications, and data storage. Tether links the deal Tether is the key link in this potential deal. It invested $775 million in Rumble in late 2024, and the two companies deepened…

  • Altcoins

    Anonymous Entity Pours Nearly $1 billion into ethereum During Price Spike

    August 11, 2025 - By 

    An unidentified entity has bought nearly $1 billion worth of ethereum over the past week as the cryptocurrency surged by 21% to cross the $4,000 milestone. The unidentified entity purchased 221,166 ETH tokens, with data analytics platform Lookonchain tracking $212 million in purchases in just 24 hours. The buyer spread their holdings across six different wallets, acquiring tokens from three major cryptocurrency firms – Galaxy Digital, FalconX and BitGo. Out of the six, the wallet with the most Ether has $181 million worth, while the wallet with the least Ether has $ 128 million worth. This buying spree comes with…

  • Bitcoin

    Wall Street Influence Threatens to Reshape Bitcoin’s Market Cycles

    August 11, 2025 - By 

    Big companies buying Bitcoin might have a big impact on the cryptocurrency price trends. For over a decade, Bitcoin has followed a simple pattern. Every four years, the Bitcoin mining rewards are cut by half in an event called “the halving”. Historically, Bitcoin has reached new all-time highs within 12–18 months after the 2012, 2016, and 2020 halving events. Now, this predictable cycle may be coming to an end, thanks to Wall Street and institutional organizations holding Bitcoins.  The numbers tell the story: corporations now own nearly one million Bitcoin. That’s a massive change from the early days when mostly…

  • ethereum genesis wallet moves 10m
    Altcoins

    Ethereum Genesis Wallet Moves $10M as Price Breaks Out

    August 11, 2025 - By 

    Nearly 10 years after first backing Ethereum, one of the network’s earliest supporters has reappeared with a big on-chain move. According to Lookonchain. A wallet linked to the 2014 Genesis sale, which bought 20,000 ETH for just over $6,000, has transferred 2,300 ETH in one go. The move is worth about $10 million and leaves more than 1,600 ETH still in the wallet. The timing stands out. Ethereum just broke out of a chart pattern that’s been in place since 2021, a signal many technical analysts associate with the start of strong rallies. Some traders are already setting targets near…

  • what happened in crypto yesterday?
    Cryptocurrency

    ETH could hit $5,000 While US Crypto Debanking Still Persist

    August 11, 2025 - By 

    TL; DR  ETH Reaching Its All Time High Soon ETH crossed its $4,311 mark on 8th August and continued to hold support at $4,200 – $4,300. According to Coinmarketcap, Ethereum’s price spike triggered algorithmic buying. The MACD histogram widened to +29.2, indicating bullish divergence, while the RSI(7) reached 77.92, reflecting robust upward momentum. On August 9, 2025, Spot Ethereum ETFs recorded $461 million in inflows, the largest single-day amount since July, with BlackRock’s IBIT accounting for 55% of the total. Corporate treasuries, such as SharpLink Gaming, added 52,809 ETH ($225 million) to their holdings this week. Crypto DeBanking Still A…

  • Ethereum co-founder Vitalik Buterin
    Cryptocurrency

    Ethereum Rally Pushes Vitalik Buterin Back Into Billionaire Status

    August 11, 2025 - By 

    Ethereum co-founder Vitalik Buterin has once again become a crypto billionaire, just days after Ether surged past the $4,000 mark for the first time in eight months, according to blockchain intelligence firm Arkham. “Vitalik Buterin is now an on-chain billionaire again.” Arkham His portfolio is currently valued at around $1.04 billion, consisting of 240,042 ETH along with smaller holdings in cryptocurrencies such as Aave (AAVE), WhiteRock (WHITE), Moo Deng (MOODENG), and Wrapped Ethereum (WETH). Ether’s rally has fueled optimism among traders for potential new all-time highs. On Saturday, ETH climbed 6.38% to reach $4,332, following its $4,000 rebound on Friday,…

  • Willy Woo
    Bitcoin

    Willy Woo Hopeful Bitcoin Is a Long-Term Asset For 1000 Years

    August 11, 2025 - By 

    Bitcoin analyst Willy Woo hailed Bitcoin as the “perfect asset” for the next millennium at the Baltic Honeybadger 2025 conference, in RIGA, Latvia. He said however that BTC may not overtake the  US dollar and gold unless its capital inflow grows significantly.  Woo outlined Bitcoin’s transformative potential while highlighting critical risks that could derail its ascent as a global reserve asset. Willy Woo Highlights Bitcoin’s Market Position and Growth Challenges Bitcoin’s market capitalization is currently at $2.42 trillion, less than 11% of gold’s $23 trillion and  US dollar’s $21.9 trillion.  There is  a considerable gap between Bitcoin’s current scale and…

  • Crypto recap
    Cryptocurrency

    YouTube Crypto Scams, Half-Billion Dollar Bitcoin Fraud, and a Major ETF Outflow

    August 9, 2025 - By 

    Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered: Scammers Are Using Old YouTube Accounts To Scam People. Hackers are hijacking old YouTube channels to promote fake crypto giveaways, tricking users with livestreams and deepfakes. HashFlare Founders Face 10 Years in Prison for $577M Scheme. The founders of HashFlare were found guilty of running a fake mining operation that stole over half a billion dollars from users. Michael Saylor Calls for Regulatory Clarity in Crypto in the U.S. MicroStrategy’s Michael Saylor urged U.S. lawmakers to…

  • Cryptocurrency

    What Happened In Crypto Yesterday?

    August 8, 2025 - By 

    TL;DR Crypto market saw an uptick of 2.89% bringing the total market cap to $3.87 trillion.  SharpLink Gaming bolstered its treasury with 10,975 ETH ($42.79M), bringing its total to 532,194 ETH. SEC and Ripple have jointly dropped their years-long appeal with the U.S. Court of Appeals for the Second Circuit. ETH Headed To $4k? On August 7, SharpLink Gaming raised $200M to expand its ETH treasury, purchasing 10,975 ETH ($42.79M). Similarly, FG Nexus announced a $5B fundraising plan to build ETH reserves, echoing strategies from BitMine and MicroStrategy’s Bitcoin acquisitions. Ethereum had been underperforming for the past few months but…

  • el salvador bitcoin banks
    Bitcoin

    “Bitcoin Banks Are Coming”: El Salvador Teases New Financial Shift

    August 8, 2025 - By 

    El Salvador announced today on X that it plans to introduce Bitcoin-focused banking into its economy, further advancing President Nayib Bukele’s Bitcoin-centered economic vision. The post stated, “Bitcoin Banks are coming to Bitcoin country,” hinting at the possible rollout of banking institutions dedicated solely to Bitcoin services. However, the plan remains vague, with no official details or regulatory framework shared yet. If implemented, these Bitcoin-only banks could potentially offer services like BTC deposits, loans, and investment products, which may significantly change how Salvadorans access financial services. For now, the scope and structure of the initiative remain speculative, pending further announcements…