Bitcoin’s value skilled a pointy pullback on Aug. 14, dropping beneath $120,000 lower than a day after reaching a brand new all-time excessive above $124,000.In response to CryptoSlate knowledge, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak.The sudden dip rippled throughout the broader crypto market. Ethereum fell 4% to $4,581, whereas XRP dropped over 3% to $3.11. Different top-ten cash, together with Dogecoin, Solana, and BNB, additionally noticed losses exceeding 3% in the identical timeframe.This correction follows a interval of sustained bullish momentum that had pushed the…
Author: CryptoGate
Bitcoin price skilled a major pullback to $118,000 after briefly surpassing Google mother or father Alphabet’s market capitalization to turn into the world’s fifth-largest asset, highlighting Bitcoin’s rising institutional prominence regardless of continued volatility. Bitcoin price reached an all-time excessive of $124,283 in early Asian buying and selling on Thursday, pushing its market capitalization to $2.46 trillion and quickly overtaking Alphabet’s $2.448 trillion valuation. Nonetheless, the milestone was adopted by a pointy correction as merchants took income and U.S. inflation information triggered broader market uncertainty. The latest surge and subsequent correction exhibit Bitcoin’s maturing market dynamics. Whereas volatility stays an…
One of many seven nations on this area of Asia has unveiled a powerful accomplishment and has joined world friends to supply the main crypto asset in a regulated method. Whereas close by nations are behind by way of adoption, they’re making steps in the fitting path. Area-First In a information outlet for Kazakhstan and Central Asia, Fonte Capital, an funding supervisor primarily based in Astana, the capital of the nation, announced the launch of the Fonte Bitcoin Trade Traded Fund OEIC (BETF), which is able to commerce on the Astana Worldwide Trade (AIX). Supply: The Astana Occasions The fund…
Biospecimen expertise firm iSpecimen Inc. (NASDAQ: ISPC) has introduced a groundbreaking strategic initiative to determine a $200 million company treasury constructed round Solana cryptocurrency. The transfer, introduced on August 7, 2025, represents one of many largest company adoptions of Solana-based digital property within the life sciences sector, positioning the corporate on the forefront of blockchain integration in biotechnology. The bold treasury technique goals to boost iSpecimen’s monetary flexibility whereas supporting long-term development initiatives and lowering the necessity for recurring fairness dilution. The corporate has partnered with digital asset advisory agency BlockArrow and funding financial institution WestPark Capital to implement this…
TeraWulf, a outstanding Bitcoin miner, has secured a strategic partnership with Google as a part of its high-performance computing (HPC) co-location agreements with Fluidstack.In accordance with an Aug. 14 statement, the search engine large will backstop $1.8 billion of Fluidstack’s lease obligations, offering essential help for project-related debt financing.The association grants Google a warrant to amass roughly 41 million shares of TeraWulf widespread inventory. If exercised, this could symbolize an approximate 8% professional forma fairness stake.This strategic help permits TeraWulf, a number one digital infrastructure operator, to advance two 10-year HPC colocation agreements with Fluidstack.The contracts enable TeraWulf to ship…
The most important participant within the crypto ETF market refrains from the concept of pushing for an Ripple or Solana-based ETF. Continue reading at DailyCoin. Source link
Bitcoin surged to a recent all-time excessive of $124,500 simply hours in the past, however the celebration was short-lived as the value shortly retraced to the $121,500 degree. The sudden pullback has break up market opinion: some analysts interpret the drop as an indication of waning momentum, whereas others see it as a wholesome pause earlier than one other breakout try. Associated Studying Including to the intrigue, key information from CryptoQuant reveals that BTC volatility — measured by the 30-day Worth Excessive & Low metric — has compressed to its lowest level in two years. This metric tracks the vary…
Turkish crypto alternate BtcTurk has been focused by a serious cyberattack, which resulted within the theft of roughly $48 million in digital property.On Aug. 14, blockchain safety agency Cyvers reported that the stolen funds have been moved throughout a number of networks, together with Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon.A lot of the property have been transferred to simply two addresses, the place the attacker has reportedly begun swapping them.BtcTurk confirmed the hack in a put up on X, emphasizing that solely sizzling wallets have been affected. The agency is without doubt one of the largest crypto exchanges…
Block, Inc. (NYSE: XYZ) has unveiled Proto Rig, a first-of-its-kind modular bitcoin mining system, and Proto Fleet, a free and open-source fleet administration software program platform, marking a daring step towards decentralizing mining {hardware}, rising operational effectivity, and boosting Bitcoin network resiliency. The announcement passed off at Core Scientific’s facility in Dalton, GA, the place Proto Rigs are already deployed as a part of its mining fleet. This launch represents the primary two end-to-end releases from Proto, Block’s suite of bitcoin mining services and products, following its preliminary chip sale to Core Scientific. At present, bitcoin mining {hardware} faces vital…
TL;DR XLM is holding under $0.50 with sturdy quantity and a traditional bullish reversal chart forming. Stellar now has 9.69 million energetic wallets, gaining 5,000–6,000 new addresses on daily basis. The value targets after breakout sit at $0.60, $0.72, and $0.77, based mostly on Fibonacci extensions. XLM Builds Robust Base with Traditional Chart Sample Stellar (XLM) was buying and selling at $0.43 at press time, with a 5% drop within the final 24 hours. Over the previous 7 days, it’s up by 2.5%. Buying and selling quantity has reached $668 million, exhibiting regular curiosity regardless of short-term dips. A current…