The initiative aims to modernize the SEC for 21st-century finance and was formed in response to recent policy recommendations from the White House. Source: cointelegraph.com (Read Full Article)
Andreessen Horowitz warns of loopholes in draft US crypto rules
Andreessen Horowitz urged the US Senate Banking Committee to scrap the “ancillary asset” concept in draft crypto legislation, warning of loopholes. Source: cointelegraph.com (Read Full Article)
Bitcoin trades flat near $118K as Fed holds rates steady
Bitcoin trades flat near $118K after the Fed holds rates between 4.25% and 4.5%, with September rate cut odds rising. The post Bitcoin trades flat near $118K as Fed holds rates steady appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Metaplanet plans to raise additional $3.7B to buy Bitcoin
The Japanese investment company’s stock offering is part of its treasury strategy to acquire 210,000 Bitcoin by the end of 2027. Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that it will issue perpetual preferred shares to help fund its goal of acquiring 210,000 Bitcoin (BTC) by the end of 2027. The shares will offer up to a 6% annual dividend, depending on market conditions and investor demand. “The Company intends to actively pursue equity financing as part of its ‘Bitcoin Strategy,’ which aims to acquire 210,000 BTC by the end of 2027,” it said. “We believe that introducing Bitcoin-backed preferred shares represents a pioneering effort to fill this gap.”Read more Source: cointelegraph.com (Read Full Article)
XRP’s ‘bullish divergence’ raises 20% price rally potential in August
XRP’s $2.80–$2.95 support zone is emerging as a key battleground, with analysts calling it a critical “make-or-break” price level for the next month. Key takeaways:At least two classic technical patterns are flashing bullish reversal signals on XRP’s charts.$2.80–$2.95 remains a key support zone, with analysts calling it a “make-or-break” level.Read more Source: cointelegraph.com (Read Full Article)
200% Surge or 25% Pullback for Bitcoin as Grok Spots Familiar Setup
BTC Bollinger squeeze hits 0.018 bandwidth; Grok AI sees potential 200% surge, echoing past post-squeeze breakouts. Source: cryptopotato.com (Read Full Article)
XRP’s ‘bullish divergence’ raises 20% price rally potential in August
XRP’s $2.80–$2.95 support zone is emerging as a key battleground, with analysts calling it a critical “make-or-break” price level for the next month. Source: cointelegraph.com (Read Full Article)
Bitcoin price retargets $119K as treasuries buy 28K BTC in two days
Bitcoin market sentiment shrugged off a hawkish Fed FOMC meeting in an instant amid fresh promises of a US strategic Bitcoin reserve becoming a reality. Source: cointelegraph.com (Read Full Article)
Bitcoin miner Phoenix Group launches $150M crypto treasury for BTC, SOL
Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet. Source: cointelegraph.com (Read Full Article)
Corporate crypto treasury holdings top $100B as Ether buying accelerates
Crypto treasury companies are emerging as a new category, bringing significant liquidity to the crypto industry. Source: cointelegraph.com (Read Full Article)