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ETH NEARS $4K, TRUMP TARIFFS BEGIN, REKT HITS ANOTHER ATH

ETH leads majors, Tom Lee calls for $16k price target. US set to allow crypto in 401k plans. ETH daily transactions near record. Sell Gold, Buy BTC: Lummis. Indonesia evaluates BTC reserve. Tornado dev found guilty of 1 out of 3 charges. US adds 21.6% tariff on BTC mining machines. Parataxis launches $640m BTC treasury strategy. Bakkt to setup Japanese BTC treasury company. Cosmos Health launches $300m ETH treasury....

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

India finds $72 million in hidden crypto income as tax compliance tightens

India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied […] The post India finds $72 million in...

Published on: August 07, 2025 | Source: CryptoSlate favicon CryptoSlate

PEPE Jumps 5% as Rate-Cut Bets and Whale Accumulation Drive Risk Asset Rally

The recent price rally is likely tied to a broader market trend, with growing expectations of a Federal Reserve interest rate cut in September.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Stablecoin Provider Paxos to Pay $26.5M Fine to Settle Charges Related to Binance

Paxos worked with Binance to issue Binance USD, but didn't do sufficient due diligence, New York's top financial regulator said.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

DOT Gains as Much as 4% in Strong Bullish Breakout

Polkadot rallied on triple the normal volume as institutional buyers drove momentum.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Data sharing is the next crypto compliance frontier

With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto for Advisors: The Hidden Mechanics Behind This Crypto Rally

ETFs, IPOs, and stablecoins are accelerating crypto’s flywheel effect. Learn how these forces fuel growth β€” and where the slowdown could start.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD

In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

How to use Grok for real-time crypto trading signals

Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Paxos settles with New York regulator for $48.5M over Binance partnership

The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Ripple to buy stablecoin payments platform Rail for $200 million

Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Ripple boosts stablecoin payments clout with $200 million Rail acquisition

Ripple is doubling down on its ambitions in the stablecoin payments space with the acquisition of Rail, a global settlement platform known for its speed and enterprise-grade automation. The deal, valued at $200 million, was announced on Aug. 7 and is expected to close in the fourth quarter of 2025. Meanwhile, it is still subject […] The post Ripple boosts stablecoin payments clout with $200 million Rail acquisition...

Published on: August 07, 2025 | Source: CryptoSlate favicon CryptoSlate

Ripple to Boost Stablecoin, XRP Payment Services With $200 Million Rail Acquisition

The acquisition follows Ripple’s application for a banking license in July.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

BNB Climbs Then Retraces Amid $500M Treasury Push

The token experienced a sharp rally earlier in the day, reaching a local high of $778, but a rapid sell-off followed, trimming gains made during the advance.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

From soil to smart contracts: How blockchain is reshaping agriculture

The latest β€œClear Crypto Podcast” unpacks how blockchain helps solve critical challenges in agriculture, from supply chain transparency to land ownership and food waste.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

ProShares Debuts 'Ultra CRCL' ETF, Letting Traders Double Down on Circle Stock

The ETF is the first to offer amplified exposure to Circle, whose stock price has skyrocketed 134% since the company’s debut in June.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

EU banking regulator finalizes draft rules for banks holding Bitcoin, Ether

The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Chainlink Launches LINK Reserve to Fuel Network Growth

The reserve is funded by offchain and onchain revenue, which is automatically converted into LINK via mechanism called Payment Abstraction.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

XRP tops $3 as Ripple case nears potential SEC dismissal

A joint report due on Aug. 15 may lead to the conclusion of the nearly five-year legal dispute between the SEC and Ripple Labs.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Decentralized Finance and Tokenization Growth Still Disappoints: JPMorgan

Total value locked (TVL) in DeFi remains below 2021 highs, the report noted.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost RLUSD

The Rail acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin ecosystem after launching its RLUSD stablecoin

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Trump to allow crypto in 401(k) plans for US workers: White House

The White House Press Office confirmed to Cointelegraph that President Trump will sign an executive order allowing crypto exposure in US 401(k) retirement plans.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Morning Minute: Tornado Cash Developer Found Guilty (Partially)

Elsewhere, crypto majors are soaring on reports that Trump will sign an Executive Order today allowing crypto in 401(k)s.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Tether Leads 30M-Euro Investment Round in Spanish Crypto Exchange Bit2Me

The deal follows Bit2Me's authorization under the EU's MiCA license approval, allowing it to operate across the European Union.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Salomon Brothers Say It Has Completed Process of Notifying 'Abandoned' Crypto Wallets

Revived investment bank Salomon Brothers is using Bitcoin’s blockchain to claim abandoned wallets, sparking legal and ethical debates as it targets dormant addresses holding billions in BTC.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Tops $116K as Bullish Signals Spur Confidence: Crypto Daybook Americas

Your day-ahead look for Aug. 7, 2025

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Trump's Tariffs Land as Crypto Faces Fresh Trade Shock, Mining Concerns

With new duties hitting dozens of countries, analysts warn of ripple effects on investor sentiment and crypto mining operations.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

XRP whales offload $1.9B as analyst sounds alarm over risk of 30% price crash

XRP may stay structurally weak unless whale wallets see daily inflows above 5 million tokens, one analyst warned.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Australian Regulators Charge Four in Moving Scam Proceeds to Crypto Exchanges

A former barrister is among those accused of shifting scam proceeds to crypto exchanges.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Trump Set to Greenlight Crypto in 401(k)s; Bitcoin Rallies on Retirement Reform Push

President Trump’s upcoming executive order could open the door for Bitcoin, private equity, and real estate in U.S. retirement plans.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin-DeFi startup BOB tops up funding to $21M as Castle Island, Anchorage join

Build on Bitcoin raised $21 million to unlock native BTC DeFi with a new bridge, hybrid layer-2 infrastructure and institutional investor backing.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin DeFi Project BOB Raises Another $9.5M to Build BTC DeFi Infrastructure

The investment bring BOB's ("Build on Bitcoin") total funds raised to $21 million, following previous raises in 2024

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin ETFs Pull In $91.6M, Snapping Four-Day Outflow Streak

An uptick in Bitcoin ETF inflows after four consecutive days of outflows hints at a shift in investor sentiment, analysts argued.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Aave hit by phishing attack day after reaching $60B in net deposits

Scammers used Google Ads to impersonate Aave investment platforms in an attempt to trick users into linking wallets to malicious sites.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin price echoing 2024 pattern that saw 50% BTC gains: Trader

Bitcoin price analysis looked to last November for clues as to how high BTC might go if recent bull market history repeats.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph