Browsing: btc news

Chainlink (LINK) Price Surges Toward $19 as Crypto Whales Accumulate Over 0.6% of Supply in August – Bullish Signal?

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Chainlink is gaining momentum as whale wallets quietly expand their holdings, adding more than 0.5% of the token’s supply in just over a week. Summary LINK up 13% in 24h, trading near $18.89 with strong volume growth.Whales added 0.67% of supply in August, backed by major network upgrades.Technicals favor bulls, with $20+ in sight if resistance breaks. Chainlink (LINK) was trading at $18.89 at press time, up 13% in the past 24 hours, extending its seven-day gain to

Winklevoss Twins Back Trump-Linked Bitcoin Mining Project – Inside Their Crypto Investment Strategy

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Gemini co-founders Cameron and Tyler Winklevoss have made an undisclosed investment in American Bitcoin Corp., a mining firm partly owned by US President Donald Trump’s sons Eric and Donald Jr. Summary Cameron and Tyler Winklevoss invested an undisclosed amount in American Bitcoin Corp., partly owned by Eric and Donald Trump Jr.The investment was part of a $220 million private placement that included both cash and Bitcoin.American Bitcoin plans to go public via a merger

Animoca Brands Partners for Hong Kong Stablecoin License in New Blockchain Venture

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Animoca Brands has formed a joint venture with Standard Chartered Bank (Hong Kong) and HKT to seek a stablecoin issuer license in Hong Kong. Summary Animoca, Standard Chartered, and HKT launch Anchorpoint to apply for an HKMA stablecoin license.The trio joined the HKMA sandbox in 2024 to test regulated stablecoins.Only a few of over 40 applicants are expected to win approval. According to an Aug. 8 press release, the new entity, Anchorpoint Financial Limited, lodged

Vitalik Buterin Supports ETH Treasury Growth But Cautions Against Excessive Leverage Risks

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Ethereum co-founder Vitalik Buterin has voiced support for public companies holding Ether as part of their treasuries, while cautioning against the dangers of excessive borrowing. Speaking in a Bankless podcast interview on Aug. 7, Buterin said that so-called Ethereum (ETH) treasury firms provide “valuable services” by giving more investors indirect access to the asset.He noted that companies choosing to hold shares in treasury firms rather than ETH directly create “more options” for those with

XRP Price Jumps 12% After SEC and Ripple Finally Settle Long-Running Legal Battle Over Cryptocurrency

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The nearly five-year legal dispute between the U.S. Securities and Exchange Commission and Ripple Labs has come to an official close. Summary SEC and Ripple jointly dismissed appeals, ending the XRP lawsuit.Ripple will pay $50M, with $75M of escrowed funds returned.XRP’s programmatic sales remain classified as non-securities. This follows a joint filing on Aug. 7 to dismiss appeals in the U.S. Court of Appeals for the Second Circuit. Ripple chief legal officer Stuart

Earn Free USD1 Stablecoin Rewards: Step-by-Step Guide to WLFI’s New Points Program

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The WLFI project is preparing to launch a new loyalty program for USD1 stablecoin holders that will involve selected partners and a points system. Heres how holders can earn points. Summary World Liberty Financial will launch a rewards program exclusively for USD1 stablecoin holders soon.Users can earn points by holding, trading, staking and using USD1 as well as other means. According to a recent post by World Liberty Financial, the program will launch with a select