XRP ETF Approval Odds Decline to 65% Amid SEC’s Crenshaw’s Ongoing Resistance and Market Speculation

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Upbit IP Listing: A Tremendous Opportunity for Story Blockchain’s IP Token

BitcoinWorld Upbit IP Listing: A Tremendous Opportunity for Story Blockchain’s IP Token Get ready for a significant development in the cryptocurrency world! South Korean crypto giant Upbit has officially announced the highly anticipated Upbit IP listing . This move brings the native token of the innovative Story blockchain, known as IP, to a wider audience, promising exciting new trading avenues. Starting August 8 at 04:00 UTC, traders will gain access to IP/KRW, IP/BTC, and IP/USDT trading pairs, marking a pivotal moment for the IP token trading community. What Does the Upbit IP Listing Mean for Traders? The addition of IP to Upbit’s robust platform is a game-changer. Upbit, as a leading Upbit crypto exchange , provides immense liquidity and exposure. Consequently, this listing means the IP token will become significantly more accessible to a vast pool of investors, particularly those in South Korea and beyond. Here’s what this listing entails: Increased Accessibility: Listing on a major exchange like Upbit opens the IP token to millions of potential new traders. Enhanced Liquidity: More trading pairs (KRW, BTC, USDT) typically lead to deeper liquidity, making it easier to buy and sell IP tokens with less price slippage. Improved Price Discovery: Broader exposure helps establish a more accurate market price for the IP token based on increased supply and demand dynamics. Mainstream Recognition: Being listed on Upbit boosts the credibility and visibility of the Story blockchain project. Unpacking the Story Behind the IP Token and Story Blockchain The IP token is not just another digital asset; it serves as the core utility token of the Story blockchain . This layer-1 blockchain project aims to revolutionize digital content creation and distribution, empowering creators and fostering a decentralized ecosystem. Understanding the underlying technology and vision is crucial for anyone engaging in IP token trading . Story blockchain focuses on: Decentralized Content: Providing a robust infrastructure for creators to manage, monetize, and distribute their digital content without intermediaries. Creator Economy: Empowering artists, writers, musicians, and other creators with direct ownership and control over their work. Scalability and Security: A layer-1 solution designed to handle high transaction volumes securely, essential for a global content platform. This foundational strength adds significant weight to the new crypto listings on Upbit, as it’s backed by a tangible project with clear utility and a forward-thinking vision. How to Prepare for These Exciting New Crypto Listings on Upbit If you’re looking to participate in the Upbit IP listing , preparation is key. Whether you’re a seasoned trader or new to the scene, a few steps can help you navigate the upcoming launch smoothly. Consider these actionable insights: Fund Your Upbit Account: Ensure your Upbit crypto exchange account is funded with KRW, BTC, or USDT well before August 8. This ensures you’re ready when trading begins. Research the IP Token: Dive deeper into the Story blockchain whitepaper and project roadmap to understand its long-term potential. Knowledge is power! Understand Trading Pairs: Familiarize yourself with how trading pairs work, especially if you plan to trade against Bitcoin or USDT. Each pair has unique dynamics. Practice Risk Management: Crypto markets can be volatile. Always trade with a clear strategy and only invest what you can afford to lose. The addition of IP token pairs is a notable event for the entire crypto community, signaling growth and innovation within the decentralized space. What’s Next for Story Blockchain and IP Token Trading? The Upbit IP listing is a significant milestone, but it’s just one step in the broader journey for the Story blockchain. This increased visibility and liquidity can catalyze further development, partnerships, and user adoption. As the project gains more traction through major exchange listings, its ecosystem is likely to expand, bringing more utility and demand for the IP token. The future looks bright for new crypto listings that are backed by strong, utility-driven projects like Story blockchain. The market will closely watch how the IP token performs following its debut on one of South Korea’s largest exchanges. A Final Thought on the Upbit Crypto Exchange and Its Market Impact Upbit continues to play a crucial role in the Asian crypto market. Its decision to list the IP token reinforces its commitment to supporting innovative blockchain projects. For traders, this means more opportunities to diversify portfolios and engage with emerging technologies. The anticipation surrounding this listing underscores the dynamic nature of the crypto space. In conclusion, the upcoming Upbit IP listing on August 8 is a monumental event for the Story blockchain and its native IP token. With the introduction of IP/KRW, IP/BTC, and IP/USDT pairs, the IP token is poised for increased accessibility, liquidity, and recognition. This strategic move by the prominent Upbit crypto exchange highlights the continuous evolution and expansion of the digital asset landscape. Traders and enthusiasts alike should keep a close eye on this exciting development. Frequently Asked Questions (FAQs) Q1: What is the IP token? A1: The IP token is the native utility token of the Story blockchain, a layer-1 project focused on decentralizing digital content creation and distribution. Q2: When will the IP token be listed on Upbit? A2: The IP token will be listed on Upbit on August 8, 202X, at 04:00 UTC. Q3: Which trading pairs will be available for IP on Upbit? A3: Upbit will support IP/KRW, IP/BTC, and IP/USDT trading pairs. Q4: Why is the Upbit IP listing significant? A4: The Upbit IP listing is significant because it provides the IP token with increased accessibility, liquidity, and mainstream recognition due to Upbit’s large user base and prominent position in the South Korean crypto market. Q5: What is the Story blockchain? A5: Story blockchain is a layer-1 blockchain designed to empower creators by providing a decentralized infrastructure for managing, monetizing, and distributing their digital content. Did you find this information helpful? Share this article with your friends and fellow crypto enthusiasts on social media to spread the word about the exciting Upbit IP listing and the potential of the Story blockchain! To learn more about the latest crypto market trends, explore our article on key developments shaping new crypto listings and their impact on future price action. This post Upbit IP Listing: A Tremendous Opportunity for Story Blockchain’s IP Token first appeared on BitcoinWorld and is written by Editorial Team

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Bitcoin Price Prediction: Bullish Flag and Policy Shifts Fuel $123K Breakout Hopes

Bitcoin is holding at $116,830 as mainstream adoption is taking off in the US. Sheetz, a popular convenience store chain with locations across multiple states, is offering 50% off all purchases between 3 pm and 7 pm when paid with cryptocurrency through Flexa. The “ Crypto Crave & Save ” promotion is designed to get people spending real crypto in the real world, with payments converted to fiat instantly to protect merchants from volatility. I feel like this is actually bad news for Bitcoin….. https://t.co/jbi5ERD8s7 — titey.eth (@Mtitus6) August 7, 2025 It’s spreading. Steak ‘n Shake just reported saving 50% on payment fees by using Bitcoin over credit cards. These are signs that US businesses are starting to view digital assets as not just investments but as functional payment tools. Regulatory Divergence Between the U.S. and EU Across the Atlantic, the European Banking Authority has finalized draft rules giving “unbacked” crypto assets like Bitcoin a 1,250% risk weight, meaning EU banks would need €12.5 million in capital for every €1 million in BTC holdings. While the measure may limit crypto exposure in Europe, it also formalizes Bitcoin’s place in the financial system, a step analysts say could strengthen long-term adoption. By contrast, U.S. policy is moving in the opposite direction. President Donald Trump announced plans to allow cryptocurrencies in 401(k) retirement plans, opening the door to a $9 trillion market. Ether rose 4% on the news, and crypto-related equities rallied, with Coinbase gaining 3%, Galaxy Digital 6%, and Bitmine Immersion 8%. Galaxy CEO Mike Novogratz called it a “milestone” for integrating digital assets into mainstream finance. Bitcoin (BTC/USD) Technicals Signal Bullish Continuation From a charting perspective, Bitcoin remains in a bullish flag pattern that has been consolidating since late July’s high of $123,255. The pattern’s lower bound aligns with an upward trendline from April and the 50-day SMA at $113,154 — a key support confluence that has drawn consistent buying interest. Bitcoin Price Chart – Source: Tradingview Momentum is turning positive, with the daily RSI at 54 after bouncing from earlier oversold conditions. Defending the 0.382 Fibonacci retracement at $113,682 has reinforced the case for an upside move. A breakout above $117,350 could open a path back to $123,255, with further targets at $126,981 and $131,574. If $113,150 fails, however, short-term sentiment may turn cautious, exposing $110,725 and $107,768. Traders eyeing an entry may look for a high-volume move through $117,350 to confirm the breakout. Bitcoin is coiling inside a bullish flag at $116.8K, holding trendline + 50-SMA support. A breakout above $117.35 could target $123K, then $127K. Q4 could be the launchpad for $250K+ in 2025. #Bitcoin #BTC #Crypto pic.twitter.com/IBPG1rHoF3 — Arslan Ali (@forex_arslan) August 8, 2025 Bitcoin Price Outlook into Q4 The combination of rising retail adoption, favorable U.S. policy shifts, and a supportive technical structure gives Bitcoin a bullish bias heading into the fourth quarter. If the bullish flag resolves upward, it could mark the start of a new leg higher, potentially paving the way toward the $250K–$500K price projections some analysts are targeting for 2025. With institutional and retail demand converging, BTC’s current consolidation may be less a pause than a launchpad. New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed Bitcoin Hyper ($HYPER) is the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM) , built to supercharge the Bitcoin ecosystem with fast, low-cost smart contracts, dApps, and meme coin creation. By merging Bitcoin’s security with Solana’s performance , it unlocks powerful new use cases – all with seamless BTC bridging. The project is audited by Consult and built for scalability, simplicity , and trust . Investor interest is surging, with the presale already surpassing $7.4 million and only a small allocation remaining. HYPER tokens are currently available at just $0.012765 , but that price is set to rise in the next 3 days. You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card. Click Here to Participate in the Presale[/cta The post Bitcoin Price Prediction: Bullish Flag and Policy Shifts Fuel $123K Breakout Hopes appeared first on Cryptonews .

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Bitcoin Price Roars Awake – $120K Within Striking Distance

Bitcoin price is again rising above the $115,500 zone. BTC is now consolidating and might aim for a move toward the $120,000 resistance zone. Bitcoin started a fresh increase above the $115,500 zone. The price is trading above $115,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $115,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $117,500 resistance zone. Bitcoin Price Aims Higher Bitcoin price found support near the $112,200 zone and started a fresh increase . BTC was able to climb above the $113,500 and $114,800 resistance levels. The price even cleared the $115,500 resistance to move into a positive zone. Finally, the price tested the $117,500 resistance zone. A high was formed at $117,643 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $112,629 swing low to the $116,643 high. Bitcoin is now trading above $115,000 and the 100 hourly Simple moving average . There is also a key bullish trend line forming with support at $115,600 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $117,200 level. The first key resistance is near the $117,500 level. The next resistance could be $118,250. A close above the $118,250 resistance might send the price further higher. In the stated case, the price could rise and test the $119,200 resistance level. Any more gains might send the price toward the $120,000 level. The main target could be $121,500. Another Drop In BTC? If Bitcoin fails to rise above the $117,500 resistance zone, it could start another decline. Immediate support is near the $116,450 level. The first major support is near the $115,600 level and the trend line. The next support is now near the $114,550 zone or the 61.8% Fib retracement level of the upward move from the $112,629 swing low to the $116,643 high. Any more losses might send the price toward the $113,800 support in the near term. The main support sits at $112,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $115,600, followed by $114,550. Major Resistance Levels – $117,500 and $118,250.

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UPBIT LISTING: 거래 스토리(IP) 신규 거래지원 안내 (KRW, BTC, USDT 마켓)

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Potential HBAR Price Dip Could Signal Buying Opportunity Amid Market Volatility

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India Escalates Crypto Tax Enforcement With Over 44,000 Notices To Traders

India’s Income Tax Department has intensified its efforts to curb tax evasion in the cryptocurrency sector, sending more than 44,000 notices to traders who failed to disclose their virtual digital asset (VDA) transactions in their income tax returns. Indian Tax Watchdog Ups The Ante In a recent session of the Rajya Sabha (Upper House of the Parliament), India’s Minister of State for Finance, Pankaj Chaudhary, revealed that the Central Board of Direct Taxes (CBDT) had launched enforcement actions against non-compliant crypto users. These include reassessment notices, surveys, and search-and-seizure operations under the Income Tax Act, 1961. To promote voluntary compliance, the CBDT has initiated targeted awareness efforts through its NUDGE campaign (Non-Intrusive Usage of Data to Guide and Enable). Under this program, a total of 44,057 emails and messages were issued to individuals who were found to be investing or trading in crypto assets but had not reported these transactions in their tax filings. The Indian government introduced a tax on digital asset income starting in the 2022-23 financial year. Since then, taxpayers have reported approximately ₹705 crore ($80.6 million) in crypto-linked income for FY 2022-23 and 2023-24 combined. However, enforcement actions such as surveys and raids led to the discovery of an additional ₹630 crore ($72 million) in undisclosed income related to cryptocurrencies. It’s worth noting that accusations of tax evasion have been directed not only at individual taxpayers, but also at crypto exchanges. Notably, the CBDT is leveraging data analytics tools such as Non-Filer Monitoring System (NFMS), Project Insight, and its internal databases to increase oversight of crypto transactions. The report adds: These tools help cross-reference information provided in tax filings with actual transactions reported by Virtual Asset Service Providers (VASPs) via TDS returns. Discrepancies identified through this system are followed up with enforcement actions to ensure accurate reporting and recovery of tax dues. Uncertainty Plagues India’s Crypto Ecosystem While India ranks among the top countries globally for crypto adoption, its taxation and regulatory stance have been a point of contention. The combination of a 30% tax on crypto profits and a 1% TDS on every trade has discouraged many retail traders and investors. As a result, a number of crypto exchanges in India have reported dwindling trading volumes, leading to businesses announcing layoffs or getting shut. Earlier this year, crypto exchange Bybit announced it was temporarily halting its operations in India due to lack of regulatory clarity. In contrast, neighbouring country Pakistan has shown a more receptive approach toward digital assets. Earlier this year, the South Asian country stated that it would tap excess energy to mine more BTC. Similarly, the UAE continues to cement its place as the global hub for crypto businesses. In November 2024, the nation eliminated Value Added Tax from all transactions in cryptocurrency exchanges and conversions. Despite these challenges, there are signs that India may be reassessing its approach. In July 2025, Pradeep Bhandari, spokesperson for the Bharatiya Janata Party (BJP), called on the government to explore creating a national Bitcoin reserve, suggesting potential long-term interest in integrating crypto into the financial system. Adding to the momentum, Coinbase, the largest US-based crypto exchange, is set to re-enter the Indian market later this year, signaling that global firms remain optimistic about India’s long-term crypto potential, even amid short-term uncertainty. At press time, BTC trades at $116,720, up 1.2% in the past 24 hours.

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The Bitcoin Order: US President Set To Sign Executive Order Protecting Bitcoin Access

In a bold move that could reshape the crypto landscape, the US President is reportedly preparing to sign an executive order aimed at protecting access to BTC and digital assets. If enacted, this landmark policy would redefine the relationship between digital assets and the US financial system. Bitcoin Steps Into The Political Spotlight Bitcoin has officially entered the hall of power, as the US President Donald Trump is preparing to sign an executive order that would prohibit banks from refusing services to Bitcoin and crypto-related companies. This move signals a major shift in the US policy and ends years of financial censorship against the crypto industry. Related Reading: Strategy Expands Bitcoin Holdings With Massive Third-Largest Acquisition According to a crypto enthusiast, Henry, with this impending order, the crypto industry appears to be getting serious respect from the White House, after years of regulatory uncertainty and political pushback. In the coming days, Henry suggests that positive developments are on the horizon, especially involving Federal Reserve Chair Jerome Powell. This kind of attention from the highest levels of government could shake up the entire market and trigger a wave of institutional interest and volatility. If this happens, it would be more than just good news, as it would be a game-changer. Not only could it act as a major catalyst for BTC, it would also open the doors for crypto businesses to access traditional financial services, which they need for growth. Bitcoin is gaining recognition among the highest forms of governments across the world. Reports show that the Indonesian Vice President Gibran Rakabuming Raka is exploring the possibility of adding Bitcoin to the country’s national reserves, according to a recent post from Bitcoin Indonesia. The move represents a bold step toward integrating digital assets into sovereign finance. If implemented, Indonesia would become one of the first major Asian economies to formally recognize BTC as a reserve asset, signaling a shift in how governments hedge against inflation, currency risk, and geopolitical uncertainty. The global spotlight is increasingly turning to crypto adoption at the state level. The Bhutan Government Moves $59.2 Million In BTC Several countries are engaging BTC globally at a rapid rate. In a significant and quietly executed move, the government of Bhutan has transferred 517 BTC, valued at approximately $59.2 million, to a new cryptocurrency wallet. This substantial transfer of BTC, reported by Crypto Rover on X, has sparked speculation among analysts and the crypto community about potential custody changes or strategic moves. Related Reading: Bitcoin’s $115K Struggle: Is a Deeper Drop on the Horizon? The Himalayan kingdom of Bhutan has consistently maintained a low profile in the world of sovereign crypto holdings, making it one of the most discreet yet active state players in the digital asset space. This recent movement may indicate a shift toward enhanced security and measures in BTC reserves. Featured image from Pixabay, chart from Tradingview.com

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Bitcoin Consolidates Near $116K, Echoing Patterns Before Previous Surge to $100K

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Strategic WiMi Bitcoin Investment: Nasdaq Firm Commits $212M to Crypto

BitcoinWorld Strategic WiMi Bitcoin Investment: Nasdaq Firm Commits $212M to Crypto A remarkable development is unfolding in the world of corporate finance, directly impacting the cryptocurrency landscape. WiMi Hologram Cloud , a Nasdaq-listed entity known for its comprehensive holographic cloud technical solutions, recently made headlines with a substantial WiMi Bitcoin investment . This move signifies a growing trend among established companies to embrace digital assets, marking a pivotal moment for both the tech and crypto sectors. What Does This Strategic WiMi Bitcoin Investment Entail? According to a press release disseminated via PR Newswire, WiMi Hologram Cloud has allocated a staggering $212 million towards Bitcoin-related securities derivatives and short-term investments. This is not just a casual dip into the crypto waters; it represents a significant financial commitment from a publicly traded company. Bitcoin-related securities derivatives: These instruments allow WiMi to gain exposure to Bitcoin’s price movements without directly holding the cryptocurrency itself. This can offer flexibility and risk management options. Short-term investments: This portion suggests an intent to capitalize on near-term market opportunities within the Bitcoin ecosystem. This substantial WiMi Bitcoin investment highlights a strategic decision to diversify and potentially leverage the volatility and growth potential inherent in the digital asset space. Why Are More Firms Making Nasdaq Bitcoin Investments? The decision by WiMi Hologram Cloud to allocate such a considerable sum towards Bitcoin-related products is part of a broader trend. Many corporations are exploring cryptocurrency investment for various compelling reasons: Inflation Hedge: Bitcoin is often seen as a hedge against inflation, providing an alternative store of value in uncertain economic times. Diversification: Adding digital assets to a traditional portfolio can help diversify holdings and potentially reduce overall risk. Growth Potential: Despite its volatility, Bitcoin has shown immense long-term growth potential, attracting companies looking for higher returns than traditional assets. Technological Advancement: Investing in crypto can align with a company’s image as an innovator and early adopter of cutting-edge technologies. This growing interest from Nasdaq-listed companies like WiMi underscores the increasing legitimacy and integration of digital assets into mainstream finance. Impact of WiMi Hologram Cloud’s Strategic Move A major Nasdaq Bitcoin investment like WiMi’s sends a strong signal to the market. It suggests that even companies outside the traditional financial sector recognize the value and potential of cryptocurrencies. This kind of institutional adoption can have several positive ripple effects: Increased Legitimacy: When established companies invest, it boosts Bitcoin’s credibility among a wider audience and other corporations. Market Confidence: Large investments can instill greater confidence in the crypto market, potentially attracting more institutional and retail investors. Innovation: Corporate involvement can spur further innovation within the blockchain and crypto space, leading to new products and services. The actions of companies like WiMi Hologram Cloud are gradually reshaping how the corporate world views and interacts with digital currencies, paving the way for more widespread corporate Bitcoin holdings . Navigating the Future of Cryptocurrency Investment While the prospects are exciting, navigating the world of cryptocurrency investment still presents challenges. Volatility remains a key characteristic of the crypto market. Companies undertaking such investments often employ sophisticated strategies to manage risk, utilizing derivatives and short-term positions as WiMi has done. For individuals and institutions considering similar moves, it is crucial to conduct thorough research, understand the underlying technology, and be aware of market dynamics. The landscape is evolving rapidly, offering both significant opportunities and inherent risks. Key Takeaways for Investors: Research Thoroughly: Understand the assets and the market. Risk Management: Employ strategies to mitigate potential losses. Long-Term Vision: Consider the long-term potential of digital assets. WiMi’s substantial WiMi Bitcoin investment exemplifies a bold step by a Nasdaq-listed firm into the digital asset realm. This move not only highlights the growing institutional confidence in Bitcoin but also signals a broader shift in corporate financial strategies. As more companies explore corporate Bitcoin holdings , the line between traditional finance and the crypto world continues to blur, promising an exciting future for digital assets. Frequently Asked Questions (FAQs) 1. What is WiMi Hologram Cloud? WiMi Hologram Cloud is a Nasdaq-listed company that provides comprehensive holographic cloud technical solutions, specializing in augmented reality (AR) and virtual reality (VR) applications. 2. How much did WiMi invest in Bitcoin-related products? WiMi Hologram Cloud announced a total investment of $212 million in Bitcoin-related securities derivatives and short-term investments. 3. Why are companies like WiMi investing in Bitcoin? Companies are investing in Bitcoin for various reasons, including hedging against inflation, diversifying their corporate treasury, seeking growth potential beyond traditional assets, and aligning with technological innovation. 4. What are Bitcoin-related securities derivatives? Bitcoin-related securities derivatives are financial instruments that allow investors to gain exposure to Bitcoin’s price movements without directly owning the underlying cryptocurrency. They can include futures, options, or exchange-traded products (ETPs). 5. What is the significance of this WiMi Bitcoin investment? This significant investment by a Nasdaq-listed firm like WiMi Hologram Cloud enhances the legitimacy of Bitcoin and the broader cryptocurrency market, potentially encouraging further institutional adoption and investment. Share the Insight! Did you find this article insightful? Share it with your friends, colleagues, and anyone interested in the evolving landscape of corporate cryptocurrency investments! Your shares help us spread valuable information. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Strategic WiMi Bitcoin Investment: Nasdaq Firm Commits $212M to Crypto first appeared on BitcoinWorld and is written by Editorial Team

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