Backed by $2.5 billion in funding, Trump’s media company has started acquiring Bitcoin as part of its previously announced investment strategy. Source: cointelegraph.com (Read Full Article)
Hive Digital accelerates AI pivot with $100M HPC expansion — Cointelegraph exclusive
Hive Digital’s HPC business is targeting a $100 million annual revenue run rate as it continues to diversify beyond Bitcoin mining. Source: cointelegraph.com (Read Full Article)
Crypto ATMs seized in the UK amid growing scrutiny of kiosk-based exchanges
Crypto ATM arrests in London come as US states like Wisconsin move to limit daily transactions and mandate fraud warnings. Source: cointelegraph.com (Read Full Article)
Ether Machine founder claims ETH outperformed BTC over past 10 years
Ether Machine’s Andrew Keys said he’s an Ethereum maxi and doesn’t own Bitcoin. He’d “rather have an iPhone than a landline.” Source: cointelegraph.com (Read Full Article)
Chinese pork producer turned BTC miner kicks off Dogecoin plan
Bit Origin CEO Jinghai Jiang said the company adopted Dogecoin for its treasury because they see its “utility potential for micropayments nearing an inflection point.” Source: cointelegraph.com (Read Full Article)
Spot Bitcoin ETFs break 12-day inflow streak amid ‘profit taking’
Spot Bitcoin ETFs saw $131.35 million in outflows on Monday, ending a 12-day streak that pulled in $6.6 billion. Source: cointelegraph.com (Read Full Article)
Strategy launches Bitcoin stock pegged at $100 to increase treasury
Strategy aims to launch a stock akin to a synthetic stablecoin, enabling the company to absorb more fiat money to convert into Bitcoin capital. Source: cointelegraph.com (Read Full Article)
JPMorgan exploring crypto-backed loans amid stablecoin push: FT
The Financial Times cited an unidentified source saying CEO Jamie Dimon’s previous remarks about Bitcoin had alienated some potential clients. Source: cointelegraph.com (Read Full Article)
Genius Group cites GENIUS Act as it boosts Bitcoin stash to 200 BTC
Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act. Source: cointelegraph.com (Read Full Article)
Bitget Wallet launches first fiat withdrawal option via MoonPay
Bitget Wallet’s direct withdrawal launch for USDT and USDC reflects the growing demand for ways to exit crypto positions without relying on centralized exchanges. Source: cointelegraph.com (Read Full Article)