Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915 BTC and 3,952 ETH at the end of June. Canaan had spent $2 million on
A drop in PEPE exchange balances has added to bullish expectations despite muted trader interest. PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, which was the meme coin’s largest daily outflow from exchanges since November 14, 2024. Fewer tokens on exchanges mean less immediate selling pressure. Exchange Exodus
Michael Saylor said ChatGPT helped him design the preferred stock financing model that enabled Strategy to raise about $15 billion for its Bitcoin-focused balance sheet. Summary Saylor credited ChatGPT with helping develop Strategy’s preferred stock financing structure. Strategy raised about $15 billion through the securities and related capital-market activity. The company reported holding 842,138 BTC
In Bitcoin news today, BTC USD is trading near $64,800 as three distinct forces converged this week to reframe the asset’s risk and opportunity profile simultaneously. A Federal Reserve official opened the door to a rate hike, and a volunteer security group published nearly 5,000 vulnerability findings across the Bitcoin ecosystem. Michael Saylor has reaffirmed
Martinez expects the next test to come around $1,980 and $2,080 before Ethereum challenges higher resistance levels. Crypto analyst Ali Martinez said on August 6 that Ethereum’s recent move above a major MVRV pricing level could open the way toward a $3,000 target. The market watcher’s view is based on historical on-chain patterns that
Ethereum Foundation is recruiting a protocol security researcher to use artificial intelligence, fuzz testing, and manual audits to find vulnerabilities across Ethereum’s core infrastructure. Summary The researcher will examine Ethereum’s execution, consensus, networking, specifications, and client software. Responsibilities include AI-assisted vulnerability mining, hard fork reviews, fuzzing, audits, and disclosure coordination. The global remote opening follows
The United States and the United Kingdom have announced a formal joint digital asset framework, marking the most significant transatlantic regulatory alignment effort in crypto history and a boost to regulation for stablecoins. The plan targets stablecoins, tokenized securities, and cross-border capital markets, sending a clear signal that the world’s two largest English-speaking financial centers
According to Gemini, PI has the potential to skyrocket by 100x, but only under specific conditions. Ripple’s cross-border token has fallen by 65% over the past year, while Pi Network’s PI and Cardano’s native cryptocurrency have crashed by around 73% over the same period. This has happened amid a prolonged bear market that has
Violent attacks against crypto holders extracted more than $30 million worldwide through late June 2026, according to an Aug. 6 report. Summary Crypto wrench attacks stole more than $30 million globally during 2026’s first half, Chainalysis estimates. Only 12 of 46 documented attacks produced payments, cutting attackers’ success rate to 26% worldwide. France recorded 30
Two things happened in CLARITY Act crypto regulation this week that point in opposite directions, and understanding both is essential to reading where policy risk sits in your portfolio right now. On August 4, the US Department of the Treasury published a joint statement with the United Kingdom outlining an expanded transatlantic digital asset framework