Ethereum exit queue hits record $5B ETH, raising sell pressure concerns
A significant portion of the almost $5 billion ETH awaiting withdrawal may be sold to lock in profits, considering Ether’s 72% climb over the past three months Go to Source
Month: August 2025
BitMart pulls Hong Kong VASP application
BitMart withdrew its application for a virtual asset service provider license in Hong Kong, joining several other major exchanges. Go to Source
The Play Solana PSG1 Ships in October as Web3 Gaming Hardware Gains Momentum
Play Solana announced that shipments of its PSG1 handheld gaming console will begin on October 6, 2025. The device features an Octa‑Core Rockchip RK3588S CPU, 8 GB LPDDR4X RAM, 128 GB eMMC storage, 3.92″ OLED display (1240×1080), Wi‑Fi 6.0 and Bluetooth 5.4, a capacitive rear fingerprint sensor, and an integrated hardware wallet secured by Play … Read more
Bitget Records Over Half a Trillion Monthly Derivatives Average, Tops ETH and SOL Liquidity in CoinDesk Report
This content is provided by a sponsor. Bitget, the world’s leading cryptocurrency exchange and Web3 company, has been spotlighted in a newly released CoinDesk Market Data Deep-Dive report for its breakout performance across trading volume, institutional adoption, and liquidity leadership. Between November 2023 and June 2025, Bitget recorded a cumulative $11.5 trillion in derivatives volume, … Read more
El Salvador’s Bukele reacts as $1B Bitcoin holdings bet increases on Kalshi
El Salvador President Nayib Bukele drew attention to lively betting activity on El Salvador’s Bitcoin holdings hitting $1 billion by late 2025. Go to Source
XRP ‘distribution’ phase doesn’t change $20 price target: Analyst
XRP analysts remain confident of a bullish continuation with short-term targets around $4 and $20 for cycle tops. Go to Source
Hemi Raises $15M to Power Bitcoin DeFi Programmability
Hemi has closed a $15 million growth round led by YZi Labs (formerly Binance Labs), Republic Digital and HyperChain Capital, bringing total project funding to $30 million as the company positions itself as an infrastructure layer for Bitcoin programmability within EVM-compatible decentralized finance. The startup says its Hemi Virtual Machine embeds a full Bitcoin node … Read more
Google Cloud Steps Into Blockchain With GCUL
Google Cloud has entered the blockchain race with a project aimed at institutions, not retail crypto. Its new Layer-1 network, Google Cloud Universal Ledger (GCUL), is now live in private testnet. The goal? Fix cross-border payments and asset settlements with the reliability big banks demand—without the chaos of open crypto networks. Earlier this year, Google … Read more
Crypto market to unlock $4.5B in tokens in September
About $1.17 billion will be released through cliff unlocks, while $3.36 billion will come from linear unlocks in September. Go to Source
Brazil Denounces Dollar Weaponization, Upholds Right to Trade in National Currencies
Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said Brazil would challenge the 50% tariff regime in court. Brazil Criticizes Dollar Weaponization Trend, Vows to Fight Tariffs in Court The government of Brazil has criticized the Trump … Read more