Marex Becomes ‘First’ Clearing Firm to Use JPMorgan’s Kinexys Blockchain For Settlements
JPMorgan’s permissioned platform will help reduce settlement risk, time, and cost by enabling 24/7 programmable payments
Month: August 2025
HashFlare founders want no more jail time as US asks for 10 years
Sergei Potapenko and Ivan Turõgin asked a court for time served after admitting to wire fraud, but US prosecutors want them imprisoned for 10 years for their “classic Ponzi scheme.”
Bitcoin Steadies as Short-Term Holder Profit-Taking Slows
Bitcoin’s short-term profit-taking declines, but investors remain cautious as directional bias remains uncertain amid ongoing risks.
XRP Pushes Through $3 as Ripple-SEC Appeal Decision Looms
XRP rose 3% in the 24 hours through August 7, advancing from $2.91 to as high as $3.02 before closing at $2.98. The move broke through multiple short-term resistance levels and coincided with high-volume buying activity, particularly on Korean exchanges. Technical momentum aligns with key macro developments: the U.S. Securities and Exchange Commission is set … Read more
Parataxis to go public in $640M SPAC merger with Silverbox
Bitcoin asset manager Parataxis will go public via a SPAC deal that could see up to $640 million in gross proceeds to fund a Bitcoin treasury.
Crypto Market Cap Halts at $3.7T as Traders Rotate Out, Institutions Double Down on BTC, ETH
The crypto market cap is holding within a tight $3.6 trillion–$3.8 trillion range as traders pull liquidity and shift focus to micro-cap tokens in the first week of August, with some warning of a summer lull to continue. Bitcoin (BTC) tested its 50-day moving average again on Tuesday, signaling exhaustion, while broader market capitalization remains … Read more
Lawmakers Call for Inquiry Into China’s DeepSeek Over National Security, Data Risks
Seven Republican senators are urging the Commerce Department to investigate whether open-source models like DeepSeek’s R1 pose risks.
Bitcoin short-term holders ‘cooled off’ profit-taking as price sticks to $115K
The Bitcoin market is in a “relatively balanced position” despite the recent price pullback from all-time highs, Glassnode says.
KakaoBank plans to ‘actively participate’ in stablecoin market: Report
KakaoBank is reportedly looking at services for the issuance and custody of stablecoins with plans to “actively participate” in the crypto market.
Bitcoin’s Volatility Disappears to Levels Not Seen Since October 2023
Bitcoin’s (BTC) volatility meltdown continues as the cryptocurrency remains stagnant, with slow price action between $110,000 and $120,000. The cryptocurrency’s 30-day implied volatility, as represented by Volmex’s BVIV index, fell to an annualized 36.5% late on Wednesday, reaching levels last seen in October 2023, when BTC was trading below $30,000, according to data source TradingView. … Read more
Apple Seeks Pivot on AI as It Pours Additional $100B Into US
Apple pledged an extra $100 billion to U.S. manufacturing as Trump threatens tariffs on foreign-made chips.
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Asia Morning Briefing: BTC Slips Into Low-Liquidity “Air Gap” as Post-ATH Drift Continues
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin (BTC) is treading water around $115K Thursday morning in Asia, … Read more
IREN soars 11% after mining more Bitcoin than MARA in July
Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July.
Two teens charged in attack on former DOGE official Edward “Big Balls” Coristine
Two 15-year-olds have been charged with unarmed carjacking after allegedly attacking Edward “Big Balls” Coristine, the teenage software engineer and former Neuralink intern who became a prominent figure in the Trump administration’s cost-cutting Department of Government Efficiency (DOGE).
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Sonos confirms tariffs will increase its prices this year
Tom Conrad took over as CEO of Sonos in January as it continues to recover from last year’s disastrous mobile app update, and now the company has issued its first quarterly earnings report after he dropped the interim tag from his title. Beyond the numbers, with $344.8 million in revenue and a net loss of … Read more