Japan’s Finance Minister Says Crypto Assets Can be Part of Diversified Portfolio

Japan’s Finance Minister Katsunobu Kato said on Monday that cryptocurrencies can be part of a diversified portfolio. “Crypto assets have risks surrounding high volatility, but through building an appropriate investment environment, they could be part of diversified investments,” Kato said while speaking at an event in Tokyo, according to Bloomberg. The minister added that the … Read more

Crypto Giants Galaxy, Jump and Multicoin Seek $1B to Raise Largest Solana Treasury: Report

Galaxy Digital, Multicoin Capital and Jump Crypto are looking to raise $1 billion to build a treasury dedicated to Solana’s SOL (SOL), Bloomberg reported on Monday. The three crypto firms have joined hands and have hired Cantor Fitzgerald as the lead banker, the report said, citing people familiar with the matter. They plan to buy … Read more

Philippine Congressman Proposes Bitcoin Reserve to Attack National Debt

A bill proposed in the Philippine Congress would create a government-run bitcoin (BTC )reserve that cannot be touched for two decades except to pay down the nation’s rising debt load, setting some of the strictest sovereign crypto storage rules yet. The proposed Strategic Bitcoin Reserve Act, introduced by Rep. Miguel Luis R. Villafuerte, directs the … Read more

Bitcoin Chalks Out Lower Price High After Powell, Ether Prints Doji at Lifetime Peak

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Powell brings bearish lower high Bitcoin (BTC) has retraced to levels last seen before Federal Reserve Chair Jerome Powell’s dovish remarks on Friday, which set expectations for a potential rate cut in September. At the time of writing, BTC is … Read more

DOGE Futures OI Slides 8% Even as Fabled ‘Golden Cross’ Intact on Higher Timeframes

Dogecoin retreated sharply on August 24–25 after spiking to $0.25, as heavy whale transfers to Binance coincided with distribution pressure and fading momentum at key resistance. Despite institutional accumulation earlier in the month, the token is now testing critical support levels. News Background Market attention turned to DOGE after a 900 million token transfer (valued … Read more

Bitcoin Flash Crash Triggers $550M in Sunday Liquidations as Ether Rotation Builds

Bitcoin (BTC) dropped under $111,000 in a sudden weekend flash crash after a whale offloaded 24,000 BTC, or more than $300 million at current prices, into thin liquidity. The whale sent the full balance to Hyperunite, with 12,000 BTC transferred Sunday alone, as CoinDesk reported earlier Monday. That move erased gains from Fed Chair Jerome … Read more