The recent liquidation of the Insider Whale’s short positions amounted to a substantial $210 million, reflecting significant market volatility. This event resulted in an aggregate loss exceeding $24 million, underscoring
SharpLink Gaming (SBET) has significantly increased its Ethereum (ETH) holdings by acquiring 10,000 ETH directly from the Ethereum Foundation, signaling a strong institutional commitment to Ethereum-based assets. Joseph Lubin, co-founder
The Czech National Bank (CNB) has expanded its cryptocurrency exposure by purchasing $18.1 million worth of Coinbase shares during the second quarter of 2025. Key Takeaways: The Czech National Bank purchased $18.1 million in Coinbase shares, marking its first crypto investment. The move reflects CNB’s strategy to diversify reserves and increase exposure to digital assets. Coinbase’s stock has surged 56% year-to-date amid market rallies and strategic acquisitions. According to a recent Form 13F filing with the U.S. Securities and Exchange Commission, the central bank acquired 51,732 shares of Coinbase Global, marking its first disclosed stake in the major crypto exchange. As of the end of June, those shares were valued at $18.1 million and have since climbed to nearly $20 million based on recent closing prices. Czech Central Bank Embraces Digital Assets to Diversify Reserves The move reflects the CNB’s growing openness toward digital assets and its ambition to diversify reserve holdings. Earlier this year, Governor Aleš Michl expressed intentions to consider expanding the central bank’s portfolio to include bitcoin and other crypto-related assets. Michl told the Financial Times that the CNB may allocate up to 5% of its €140 billion ($163.5 billion) reserves into Bitcoin, pending board approval. The recent Coinbase purchase aligns with this broader push toward integrating crypto assets into traditional finance. Coinbase, which made history by becoming the first crypto company added to the S&P 500 index in May 2025, has seen its stock rise sharply this year. Despite a challenging first quarter marked by a 10% drop in revenue and a 95% plunge in net income, largely driven by a $596 million paper loss on crypto holdings, the company’s shares have rebounded. The Czech National Bank added 51,732 shares of Coinbase (COIN) in Q2 2025, worth over $18M, marking its first position in the crypto exchange. It also increased its stake in Palantir (PLTR) by 49,135 shares, now holding 519,950 total. pic.twitter.com/gx9be2eToa — Satoshi Club (@esatoshiclub) July 13, 2025 Year-to-date, Coinbase stock is up nearly 56%, fueled by a strong rally in crypto markets and the company’s aggressive expansion efforts. In recent months, Coinbase has been actively increasing its market presence. The exchange announced its $2.9 billion acquisition of Deribit , a leading crypto derivatives platform, in May. More recently, Coinbase acquired Liquifi , a token management platform that bolsters its capabilities in token cap table management, vesting, and regulatory compliance. Coinbase Named TIME ‘Disruptor’ TIME has recognized Coinbase as one of 2025’s 100 Most Influential Companies , labeling the crypto exchange a “disruptor” for its significant role in shaping US digital asset policies and markets. The accolade highlights Coinbase’s aggressive advocacy in Washington and its expanding influence in the crypto sector. Coinbase’s stock has surged 42% year-to-date, climbing from around $303 to a high near $382. The rise followed the Senate’s passage of the GENIUS stablecoin bill and Coinbase’s historic inclusion in the S&P 500 in May. TIME noted the exchange as a key driver behind the industry’s policy efforts and predicted Coinbase could become the central hub for crypto trading in the US. Beyond the US, Coinbase is broadening its reach in Europe, securing a license under the EU’s MiCA regulatory framework through Luxembourg’s financial regulator. The company plans to establish its European headquarters in Luxembourg. Additionally, Coinbase is seeking SEC approval to offer tokenized equities, which would position it as a competitor to popular retail trading platforms like Robinhood and WeBull. The post Czech Central Bank Expands Crypto Portfolio, Adds $18.1M in Coinbase Shares appeared first on Cryptonews .
The bitcoin price and crypto market is heading into what could be one of its biggest weeks ever...
The Bank of England (BOE) governor, Andrew Bailey, has expressed concerns over the rise of banks issuing their own stablecoins. He emphasized the significant systemic risks that these stablecoins pose to the financial system. In an interview with The Sunday Times , Bailey said he “would much rather” prefer tokenized bank deposits over private stablecoins. He said that stablecoins would take “money out of the banking system” and the “credit creation world”. By advocating for tokenized bank deposits, Bailey is promoting a more integrated and regulated digital financial system, aligning with existing banking practices. “I would much rather [banks] go down the tokenized deposit streets and say, how do we digitize our money, particularly in payments,” he noted. His comments come at a time when stablecoin markets have grown from $125 billion less than two years ago to around $255 billion today, according to a latest BIS report . UK Would Not Adopt CBDC, Bailey Disagrees With the US and ECB’s Crypto Take Furthermore, the British central banker stated that England should not adopt a central bank digital currency ( CBDC ), also known as a ‘digital pound.’ He said that it would be “sensible” for the UK to rather work towards digitizing deposits. Andrew Bailey was recently appointed as the new chairman of the Financial Stability Board (FSB), an international financial regulator. Additionally, he openly disagreed with the Trump administration’s backing of stablecoins. “I would say that the US is going towards stablecoins. The European Central Bank is going towards central bank digital currency. Neither of them is going towards tokenising deposits.” Trump Poised for Quick Stablecoin Win The US House Financial Services Committee announced ‘Crypto Week,’ starting Monday, to consider three key crypto bills, including the GENIUS Act for stablecoins. The US lawmakers noted that mid-July will be 'Crypto Week' to create a clear regulatory framework for digital assets and protect financial privacy. #USLawmakers #CryptoWeek #CryptoRegulations https://t.co/yhbiz4tMwr — Cryptonews.com (@cryptonews) July 4, 2025 In June, US Treasury Secretary Scott Bessent said in a speech at the White House Digital Asset Summit that stablecoins would “reinforce dollar supremacy.” Fed Chair Jerome Powell has also emphasized the need for stablecoin regulation , noting the importance of protecting consumers. However, according to BOE’s governor Bailey, stablecoins need to be looked at closely through lens. “Stablecoins are proposed to have the characteristics of money. That money is a medium of exchange. Therefore, they really do have to have the characteristics of money and they have to maintain their nominal value.” He also expressed concerns that the spread of stablecoins would undermine their sovereign control over money. Besides stablecoins, Bailey noted that the extreme volatility of Bitcoin shows that it is “unbacked asset.” “It’s not money, it doesn’t have the function of money, and if you’re going to buy it, please buy it with your eyes open,” he advised users. The post BOE Governor Cites Threats to Financial Stability Over Private Stablecoin Issuance appeared first on Cryptonews .
The crypto market is showing bullish signals today, with the total crypto market cap rising 1%. Bitcoin is up nearly 2.6% over the past 24 hours, currently trading just above $120,900, briefly touching $121,000 to hit a fresh all-time high. Ethereum has continiued its positive momentum today as it trades around $3,040, up 3%. XRP is also on a strong upward trajectory, nearing the $3 mark But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for July 14, 2025 – Bitcoin Hits $120K, XRP Nears $3 as Bullish Momentum Continues appeared first on Cryptonews .
The Ethereum spot ETF demonstrated robust investor confidence, recording a substantial net inflow of $908 million last week. This marks the ninth consecutive week of positive capital inflows, underscoring sustained
xAI blamed an instruction set glitch for Grok’s anti-Semitic tirade, claiming that deprecated instructions made the chatbot mirror extremist content for 16 hours.
Bitcoin’s recent surge to a record $121,800 is driven by a unique combination of tariff-induced trade flows, elevated Treasury yields, and a growing appetite for risk assets. Market dynamics reflect
The crypto scene is heating up in the second half of 2025, and altcoins are stealing the spotlight again. Meme coins are buzzing, and platforms with real use are gaining traction. Dogecoin is grabbing attention thanks to Elon Musk’s growing voice in both crypto and politics. On the flip side, Pi Network is feeling the pressure as it deals with market drops and token unlocks. But the surprise story may be BlockDAG’s X1 Miner app. With more than 2 million users mining BDAG from their phones, it’s building serious momentum. As ease of use and real-world interaction shape the current cycle, BlockDAG (BDAG) could be taking a lead role. Here’s a look at how Dogecoin, Pi Network, and BlockDAG stack up in 2025, and why they’re now part of the buzz around the best crypto coins for 2025. Dogecoin (DOGE) Price Jump: Musk Buzz Drives New High Hopes Momentum is building again for Dogecoin (DOGE), backed by bullish moves on the charts. The meme coin broke a long downtrend and jumped more than 5%, now trading at $0.171. It’s holding support near $0.166, while whale activity is increasing, pointing to stronger market interest. Elon Musk’s support through the America Party is giving DOGE more attention, with some expecting broader use ahead. Its loyal community also keeps the pace strong. Analysts now say the Dogecoin (DOGE) price jump could continue toward $0.25 by year-end, and even $1 if momentum holds. Talk around a Dogecoin ETF is adding more excitement to the outlook. Pi Network Price Faces Pressure The Pi network price is under pressure despite early signs of promise. While mining on the network has grown, recent token unlocks have added to the supply and pushed the price lower. Pi is now priced at $0.4710, with a market cap near $3.59 billion, but current price movement shows a bearish pattern. Unless Pi holds the key support line at $0.45, more losses could follow. The Pi network price will need a successful mainnet launch, solid use cases, and stronger tokenomics to bounce back. If those pieces fall into place, there’s a path to recovery. For now, it remains one of the popular crypto coins to watch, but traders are cautious heading into the rest of 2025. BlockDAG X1 Miner App Changes the Way People Join Crypto BlockDAG’s X1 Miner app is turning mobile mining into something anyone can try. This cloud-based app makes it possible to mine BDAG coins straight from a phone. There’s no heavy battery drain and no data overload. It runs on a smart, energy-saving algorithm that keeps mining smooth wherever you are. The app works worldwide and is available on both iOS and Android with a simple, clean interface. What makes X1 stand out is how users stay active. By inviting others through a referral code, they can speed up their mining rate. A single tap on the lightning button each day boosts rewards. Users can track their rank and unlock fun extras as they keep mining, making the whole thing feel more like a game with real value. People can mine up to 20 BDAG coins per day using the app, and the response has been huge. Over 2 million users have joined already. The presale has raised more than $338 million, heading toward a $600 million goal. So far, 23.8 billion BDAG coins have been sold across 29 batches. Since its presale launch, BDAG’s price has climbed by 2,660%, rising from $0.001 in the first batch to $0.0276 in the current one. Still, a limited-time price of $0.0016 is available now, keeping interest high as more people start mining ahead of BlockDAG’s GLOBAL LAUNCH release. Closing Thoughts: What’s Moving in 2025 So far in 2025, the Dogecoin (DOGE) price jump and strong support from its community are keeping it near the top of watchlists. Forecasts are optimistic, and there’s growing talk of wider adoption. Pi network price is more unpredictable. The network is expanding, but it’s also facing pressure from rising supply and token selling. Even with challenges, Pi Network could bounce back if it stays on track with its roadmap and proves useful in the real world. On the other hand, BlockDAG X1 is giving people an easy way into crypto mining. It’s attracting millions by being simple, low-energy, and fun to use. These three projects show just how different the paths can be. For those watching the best crypto coins for 2025 , this mix of trends, tools, and ideas is one to keep an eye on. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG X1 Miner Surprises the Market, Crossing Over 2M Users While DOGE Price Surges & Pi Struggles appeared first on TheCoinrise.com .