Bitcoin has staged a sharp recovery, climbing toward $80,000 and prompting Standard Chartered to warn that its $100,000 year-end forecast may now be too conservative. BTC rose roughly 24% over the past week, reaching about $79,500 on Aug. 21 before pulling back. The move marks a major turnaround from June, when Bitcoin fell to around…
Bitcoin is back within striking distance of $80,000, and traders on Polymarket are increasingly betting that the cryptocurrency will reach the milestone before the end of August. Polymarket’s Bitcoin market currently gives BTC a 59% chance of touching $80,000 this month, according to the prediction market. The odds have risen sharply as Bitcoin’s latest rally…
Strategy has moved back into the black on its massive Bitcoin treasury after a sharp five-day rally pushed BTC above the company’s average acquisition price. Bitcoin climbed to around $77,300 on Aug. 21, up roughly 23% from about $62,800 at the beginning of the week. The move erased months of unrealized losses for Strategy, turning…
Bitcoin has reclaimed $70,000 for the first time since June, snapping a long stretch of weak price action and giving the crypto market a fresh burst of momentum. BTC briefly touched $70,000 on August 19 before pushing above $71,000 on August 20. The move came after Bitcoin had traded below $65,000 just days earlier, turning…
BitMEX co-founder Arthur Hayes is stepping back into an operating role in crypto, announcing that he will lead Flop Labs, a startup developing blockchain infrastructure designed for autonomous AI agents. Hayes announced the move on Aug. 18, saying he was “coming out of retirement” to lead Flop Labs. He has also updated his X profile…
Binance is preparing to make another attempt to return to the UK market, with the cryptocurrency exchange expected to apply for a cryptoasset licence from the Financial Conduct Authority (FCA) when applications open next month. The move, first reported by The Telegraph, comes five years after the UK regulator blocked Binance’s British entity from carrying…
Chainalysis has sued the U.S. government over a $94.7 million contract awarded to rival blockchain analytics firm TRM Labs, escalating a major battle between two of the crypto industry’s leading providers of investigative technology. Chainalysis Government Solutions filed the lawsuit in the U.S. Court of Federal Claims on July 27, challenging the decision by U.S….
The White House is preparing to host a major meeting with cryptocurrency and prediction-market executives on Wednesday, August 19, bringing together President Donald Trump, senior U.S. regulators and some of the industry’s biggest companies as Washington weighs the future of digital-asset regulation. Trump is expected to participate alongside Securities and Exchange Commission (SEC) Chairman Paul…
World Liberty Financial, the cryptocurrency company backed in part by President Donald Trump and members of his family, has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a federally chartered national trust bank. The decision marks a major step for the Trump family’s expanding crypto business and could…
The U.S. Securities and Exchange Commission (SEC) has abruptly canceled an open meeting where commissioners were expected to consider a long-anticipated proposal that could reshape how digital assets are issued and regulated in the United States. The agency announced late Thursday that Friday’s meeting would be postponed “due to an unforeseen scheduling issue,” with the…
