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Profitable Whale Bets Big With 40x Bitcoin, 25x Ethereum Longs Following Market Dip — Is Crypto Recovery On Cards?

by Benzinga | August 1, 2025 3:19 pm | Crypto News

An investor with a history of profitable trades opened a highly leveraged long position in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) following the market’s dip on Thursday. What happened: The whale, with over $60 million in total profits from spot and...

SEC’s Project Crypto ‘Looks Awesome,’ Says Tim Draper As He Pushes For A Bitcoin-Only World With Blockchain Powering Accounting And Payroll

by Benzinga | August 1, 2025 2:14 pm | Crypto News

Venture capitalist Tim Draper envisioned a Bitcoin (CRYPTO: BTC) and blockchain-centric ecosystem, following the launch of the SEC’s “Project Crypto” initiative on Thursday. What Happened: In an X post, Draper expressed excitement at the “awesome” initiative unveiled...

Ethereum, XRP Soared In July, But This Little-Known Crypto Beat Them All With Triple-Digit Gains

by Benzinga | August 1, 2025 1:21 pm | Crypto News

The cryptocurrency market roared back into momentum in July, driven by the passage of key bills in the U.S. Congress.  What happened: The total market capitalization rose 62% to $3.78 trillion over the last month, adding nearly $1.45 trillion to investors’...

Michael Saylor Says Strategy’s Current Capital Structure ‘Bulletproof’ Compared To 2022 Crypto Winter, Asserts Company Can Weather 80% Bitcoin Crash

by Benzinga | August 1, 2025 11:11 am | Crypto News

Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor expressed confidence in his company’s Bitcoin (CRYPTO: BTC) buying approach Thursday, asserting that it could endure an 80% drawdown and remain resilient even in a bear market. What Happened: During the company’s...

Coinbase Not In Competition With Visa, Mastercard In Crypto Payments Landscape: ‘We Actually Partner With Them In Many Ways’

by Benzinga | August 1, 2025 10:24 am | Crypto News

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said Thursday that the company views Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) as partners in the growing cryptocurrency-powered payments industry, rather than competitors. What Happened: During Coinbase’s...

Bitcoin, Ethereum, Dogecoin Slide As Hotter-Than-Expected Inflation Dims Rate Cut Hopes: Analyst Sees ETH Dip After $4,000 Peak

by Benzinga | August 1, 2025 8:11 am | Crypto News

Leading cryptocurrencies fell alongside stocks on Thursday as a jump in consumer prices dampened hopes of interest rate cuts.   Cryptocurrency Gains +/- Price (Recorded at 9:40 p.m. ET) Bitcoin (CRYPTO: BTC) -2.17% $115,531.73 Ethereum (CRYPTO: ETH)               ...

MicroStrategy Beats Q2 Earnings As Revenue Rises, Bitcoin Yield Climbs To 19.7%

by Benzinga | August 1, 2025 2:13 am | Crypto News

MicroStrategy Inc (NASDAQ:MSTR), which does business as Strategy, reported second-quarter financial results after the market close on Thursday. Here’s a look at how the Bitcoin (CRYPTO: BTC) treasury company fared during the quarter. Q2 Earnings: Strategy reported...

Bitcoin, Ethereum, XRP, Dogecoin Struggle As Post-FOMC Blues Hits Markets

by Benzinga | August 1, 2025 2:11 am | Crypto News

Cryptocurrency markets are down after Bitcoin failed to consolidate above the $119,00 mark. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $116,606 Ethereum (CRYPTO: ETH) $3,726 Solana (CRYPTO: SOL) $174.74 XRP (CRYPTO: XRP) $3.05 Dogecoin (CRYPTO: DOGE) $0.2129...

SEC Launches ‘Project Crypto’ — Here’s What It Means For You

by Benzinga | August 1, 2025 1:11 am | Crypto News

The U.S. Securities and Exchange Commission (SEC) has unveiled a new initiative called “Project Crypto” aimed at overhauling securities regulations to adapt to blockchain-based financial systems. What Happened: SEC Chair Paul Atkins announced the project during a...

Bitcoin Consolidates After FOMC Meeting: What Does Powell’s Decision Mean For ETH, XRP, Dogecoin?

by Benzinga | August 1, 2025 1:10 am | Crypto News

Bitcoin (CRYPTO: BTC) continues to consolidate its dominance at the end of the month, but analysts say altcoins may seem more upside soon. What Happened: Crypto analyst Benjamin Cowen warned in his latest podcast update that altcoins may start underperforming Bitcoin...

GEMtrust Exec Says Gemstones Offer Long-Term Value Without Pegs Or Redemption — If Paired With Blockchain Transparency

by Benzinga | August 1, 2025 1:10 am | Crypto News

GEMtrust DAO’s newly launched digital commodity, GEM DiCom, is making a bold case for tokenized gemstones as an alternative to traditional hard assets. Speaking with Benzinga, Helmut Bauer, chief marketing officer of GEMtrust, explained why the team chose...

Meta, Microsoft Power Wall Street To New Records Despite Inflation Jump: What’s Moving Markets Thursday?

by Benzinga | July 31, 2025 11:09 pm | Crypto News

A post-earnings surge in Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NYSE:MSFT) sent major tech-heavy indices to fresh record highs Thursday, capping a fourth consecutive month of gains for U.S. equities. By midday in New York, the S&P 500 rose 0.7% to...

AI Hallucinations Persist Because Models Can’t Access Real-Time, Verifiable Data, Says Nuklai Founder

by Benzinga | July 31, 2025 11:09 pm | Crypto News

Amid growing concerns over AI-generated misinformation and hallucinated outputs, Matthijs de Vries, founder of data infrastructure firm Nuklai, argues that better model architecture alone is insufficient. Speaking with Benzinga, de Vries said the deeper issue lies in...

Robinhood Crypto Trading Volumes Surge In July, But: ‘Still Early In The Bull Cycle,’ Bernstein Says

by Benzinga | July 31, 2025 10:20 pm | Crypto News

Investment firm Bernstein said in a new report that the current digital asset rally remains in its early innings, reaffirming its bullish stance on the broader crypto market despite a drop in second-quarter trading volumes. What Happened: “We believe we are...
Bitcoin Outlook: Halving Correction Expected In September May Not Occur

Bitcoin Outlook: Halving Correction Expected In September May Not Occur

by Benzinga | July 31, 2025 10:20 pm | Crypto News

Bitcoin’s Emergence on Mainstream Platforms I’ll start by saying that I recently noticed something on Finviz, a website I often use to find information about American companies traded on U.S. stock exchanges. There is a section on futures that displays the main assets...

Tether Posts $4.9B Profit, Surpasses $127B In U.S. Treasuries In Q2

by Benzinga | July 31, 2025 10:20 pm | Crypto News

Tether (CRYPTO: USDT) on Thursday released its Q2 2025 attestation, showing the company added over $13.4 billion in USDT during the quarter. What Happened: With more than $20 billion in net new issuance year-to-date, the total supply of USDT has risen to over $157...

XRP Soars 42% In July: Will The Rally Continue In August?

by Benzinga | July 31, 2025 8:30 pm | Crypto News

XRP (CRYPTO: XRP) has rallied 42% over the past month, fueled by bullish sentiment and regulatory momentum. Cryptocurrency Ticker Price Market Cap 7-Day Trend XRP (CRYPTO: XRP) $3.09  $183.4 billion -1.4%  Bitcoin (CRYPTO: BTC) $118,126.96  $2.35 trillion +0.09% ...

Happy 10th Birthday Ethereum! Why Its Strongest July Ever Could Be Just The Beginning

by Benzinga | July 31, 2025 8:29 pm | Crypto News

The Ethereum (CRYPTO: ETH) network has celebrated its tenth birthday, with on-chain analytics platform Santiment highlighting that key metrics reflect rising demand and activity. What Happened: In a post on July 30 on X, Santiment data shoeds Ethereum’s daily...
Fast Payout Casinos: Why Casino Players Choose JACKBIT For Fast Payout & Instant Withdrawals As Their First Choice?

Fast Payout Casinos: Why Casino Players Choose JACKBIT For Fast Payout & Instant Withdrawals As Their First Choice?

by Benzinga | July 31, 2025 8:29 pm | Crypto News

Oklahoma City, July 31, 2025 (GLOBE NEWSWIRE) — In 2025, the fast payout casinos are setting new standards for speed and security. JACKBIT stands out with its seamless crypto transactions and no KYC policy, offering players quick access to their winnings. With...
New Online Casinos USA: Black Lotus Listed As The Newest Online Casino in 2025

New Online Casinos USA: Black Lotus Listed As The Newest Online Casino in 2025

by Benzinga | July 31, 2025 8:28 pm | Crypto News

New Jersey City, July 31, 2025 (GLOBE NEWSWIRE) — The online gambling landscape in the United States is undergoing a transformative surge, with new online casinos USA emerging as a cornerstone of growth, innovation, and opportunity in 2025. As the industry...
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