• what happened in crypto yesterday
    Cryptocurrency

    Do Kwon pleads guilty And Fed Rate Cut Could Be The Anvil

    August 13, 2025 - By 

    You missed what happened in crypto yesterday? Don’t worry, we’ve got you covered! Terraform Labs Founder Pleads Guilty Terraform Labs co-founder Do Kwon pleaded guilty to two counts of wire fraud and conspiracy to defraud, waiving his right to a trial on these charges.  The plea agreement, reported on August 12, 2025, by the US District Court in the Southern District of New York, includes $19 million in financial penalties and a potential prison sentence of up to 25 years if served consecutively, though prosecutors will reportedly recommend no more than 12 years.  Kwon’s sentencing is set for December 11,…

  • BONK_memecoin_treasury_play
    Cryptocurrency

    Bonk Bet Wipes Out Half of Safety Shot’s Market Value

    August 13, 2025 - By 

    Shares of Nasdaq-listed beverage company Safety Shot plunged 50% after it revealed plans to purchase $25 million worth of Bonk memecoin as part of a new treasury strategy. On Monday, the company announced a strategic alliance with Bonk’s founding contributors, aiming to fully integrate itself into the memecoin’s ecosystem. Safety Shot said it will make Bonk its core treasury asset, citing the token’s “clear and distinct advantages over competitors.”  The Solana-based coin “offers high-speed, low-cost transactions,”, thanks to its network, giving it an edge over rivals like Shiba Inu (SHIB) and Pepe (PEPE), which run on Ethereum and face high…

  • Jeff Bezos’s Blue Origin
    Cryptocurrency

    Jeff Bezos’s Blue Origin Pioneers Crypto Payments for Spaceflights

    August 13, 2025 - By 

    Jeff Bezos’s Blue Origin is in the process of transforming the future of space tourism by integrating cryptocurrency payments.  In a Business Wire release, the company announced a groundbreaking partnership with payments processor Shift4 (NYSE: FOUR) for its New Shepard suborbital flights.  Accordingly,  Blue Origin now accepts Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and select dollar-pegged stablecoins, including USDT and USDC. Crypto payments are accepted for seats on its commercial spaceflights,  effective immediately.  The innovative payment system allows customers to book their journey using popular cryptocurrencies via a seamless checkout process.  Shift4’s integration supports direct connections to widely used self-custody…

  • what happened in crypto yesterday?
    Cryptocurrency

    Bitcoin Retracts To $118k, Do Kwon May Plead Guilty

    August 12, 2025 - By 

    The Bitcoin Coinbase Premium Gap was below the baseline yesterday. The indicator essentially compares the price of Bitcoin on Coinbase and on Binance. When the numbers are in green, it means that the asset is being traded at a higher price on Coinbase.  Another key observation from Coinbase Premium Gap is that when the value is down then it means American investors are selling. While Binance attracts global investors, indicating people around the world are buying.  Luna Founder Expected To Enter In a Guilty Plea Do Kwon, the South Korean cryptocurrency entrepreneur, is expected to plead guilty to U.S. fraud…

  • Trump_Media_Files_Amendment_to_Bitcoin_ETF_Registration_Crypto.com_to_Offer_Custody
    Cryptocurrency

    Trump Media names Crypto.com in ETF plan

    August 12, 2025 - By 

    Trump Media & Technology Group, the company behind Truth Social, has filed an amended with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund.  Operational partners are named in the filing. Crypto.com will serve as the Bitcoin custodian and liquidity provider, while Yorkville America Digital will act as the fund’s sponsor, according to a Monday release. The amendment still omits key details, including the fund’s fee and ticker symbol, as noted by Bloomberg Intelligence analyst Eric Balchunas. Balchunas has also said the proposed ETF could find it hard to attract investors because it is entering an…

  • 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…

  • 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,…

  • 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…