The Bank of Botswana is in the early stages of a feasibility study to evaluate whether to introduce a central bank digital currency (CBDC). According to Ruth Baitshepi, head of the digitalization and innovation hub, the study aims to assess both the necessity of a CBDC and the potential risks digital assets pose to the
SharpLink spent $108.57 million in USDC over 48 hours to acquire 30,755 ETH, raising its total Ether holdings to 480,031 ETH worth $1.65 billion.
Arkham Intelligence unveiled a significant Bitcoin theft from LuBian Mining Pool. 127,426 BTC were stolen, with current value reaching approximately 14.5 billion dollars. LuBian employed a flawed security algorithm, possibly exposing it to attacks. Continue Reading: Bitcoin Faces Massive Heist: LuBian Mining Pool Loses 127,426 BTC The post Bitcoin Faces Massive Heist: LuBian Mining Pool Loses 127,426 BTC appeared first on COINTURK NEWS .
Dogecoin fell 4% in the 24-hour period ending August 3 at 04:00 (UTC+7), slipping from $0.20 to as low as $0.19 amid sharp spikes in trading activity and persistent macroeconomic headwinds. The move came as risk sentiment deteriorated globally, triggering institutional outflows across volatile crypto assets, particularly meme coins. What to Know DOGE traded in a volatile $0.01 range (7.14%) during the session, declining from $0.20 to $0.19 before staging a mild bounce. Volume surged to 918.53M at 06:00 and 502.81M at 14:00, both exceeding the 24H average of 385.67M, signaling high-conviction exits. Support formed around $0.188–$0.190, where volume spiked to 667.44M, enabling a brief recovery to $0.194. Resistance held at $0.202–$0.203, repeatedly rejecting upside attempts. News Background DOGE's decline came amid renewed global trade tensions following the expiration of a reciprocal tariff framework, which has left 92 countries facing elevated trade barriers. The Federal Reserve held rates steady this week, opting to monitor trade data, which has reduced market odds of a September rate cut and weighed heavily on high-beta assets. Price Action Summary High: $0.203 Low: $0.188 Close: $0.195 24H Range: $0.015 (7.14%) Technical Analysis DOGE encountered aggressive resistance at the $0.202–$0.203 zone, rejecting multiple rallies. The $0.188–$0.190 region absorbed peak selling pressure, with high-volume prints suggesting bottom-fishing or accumulation interest. The final 60-minute session (03:55–04:54) saw a measured 0.53% drop from $0.196 to $0.195, with intra-candle resistance at $0.1963 and support near $0.1952. Volumes normalized late in the session, but remain above baseline, indicating potential for continued volatility. What Traders Are Watching Whether DOGE can hold $0.19 support or break down further amid broader altcoin weakness. Macro risk factors such as U.S. rate path, global trade policy shifts, and liquidity rotations away from meme assets.
Wells Fargo reportedly refused to reimburse a customer who lost thousands of dollars to scammers posing as the banking giant’s employees. Houston resident Sharon Schoolcraft says she lost $13,000 after receiving a call from someone claiming to be working at Wells Fargo, reports FOX 26. Schoolcraft says the caller alerted her to possible fraudulent charges made to her account, a facade made believable by the fact that the scammer knew about recent charges she had legitimately made. The scammer subsequently told Schoolcraft that someone would come to her home to cut up or collect her cut-up Wells Fargo debit card. Similar scams have affected other Wells Fargo customers. Recent reports suggest a trend of scammers convincing the bank’s customers that their accounts are at risk, tricking them into giving up their PINs, cutting up their bank cards and then meeting someone in person to hand over the cut-up cards so the thieves can either withdraw funds or transfer money out of the accounts. In previous instances, when requesting a refund from the bank, the victims were denied by Wells Fargo. However, the bank’s decision changed when the media investigated the matter. Similarly, Wells Fargo only agreed to refund Schoolcraft her stolen $13,000 after the media got involved. Says Schoolcraft, “I’m so super stoked, it’s going to mean a lot to me. I can pay back the person I had to borrow money from. I can get my bills back on track. Thank you.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Wells Fargo Refuses to Reimburse Customer After $13,000 Lost to Bank Fraud – How the Customer Finally Forced a Refund appeared first on The Daily Hodl .
Retail investors in the U.K. will soon be able to buy crypto exchange-traded notes (cETNs) under a new rule from the Financial Conduct Authority (FCA) set to take effect Oct. 8. The FCA had previously barred retail access to crypto ETNs in 2021, citing investor protection concerns. However, with the market maturing and some crypto investment products now better understood, the regulator said it will allow access, provided the ETNs are listed on recognized, FCA-approved U.K.-based exchanges. Products must follow financial promotion rules to prevent misleading advertising and inappropriate incentives. The FCA’s Consumer Duty rules, which require firms to avoid causing foreseeable harm, will apply. The FCA warned, however, that there won’t be coverage under the Financial Services Compensation Scheme for these products. The move comes after retail investors gained access to a plethora of cryptocurrency exchange-traded funds (ETFs) overseas in the U.S. These funds, per SoSoValue data , have already accumulated $146.4 billion in total net assets.
WhiteFiber, Bit Digital’s (BTBT) HPC/AI subsidiary, just launched its IPO under WYFI. I dug into the filings to break down key details and what it means for both companies. A Look at WhiteFiber’s Initial Public Offering The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and
August's crypto events could significantly influence the market's trajectory. Initial value drops indicate market instability, impacting investor confidence. Continue Reading: Markets Shift Dramatically as August Crypto Events Unfold The post Markets Shift Dramatically as August Crypto Events Unfold appeared first on COINTURK NEWS .
Trump Media and Technology Group (Nasdaq: DJT) disclosed Friday that it now holds $2 billion in bitcoin and bitcoin-related securities, officially confirming one of the largest digital asset treasuries among U.S.-listed companies. The announcement came via the company’s second quarter of 2025 earnings press release , which also mentioned $3.1 billion in total financial assets and its first-ever quarter of positive operating cash flow. The crypto holdings were first disclosed in a separate press release dated July 21. The company also said it has allocated $300 million toward an options-based strategy focused on bitcoin and bitcoin-related assets, signaling ongoing intent to expand its exposure. According to the July 21 release, this strategy could allow Trump Media to convert options into spot BTC “depending on market conditions,” and potentially use the resulting positions for revenue generation or further crypto accumulation. The $2 billion figure cited includes not only spot bitcoin but also bitcoin-related securities, such as bitcoin exchange-traded funds (ETFs), bitcoin trusts, or derivatives that offer BTC exposure. These instruments allow institutional investors to gain indirect access to bitcoin price movements while avoiding direct custody or on-chain interaction. By combining these securities with spot bitcoin, Trump Media has constructed a hybrid crypto treasury intended to offer both liquidity and resilience. The second quarter also marked the company’s first quarter of positive operating cash flow, with $2.3 million generated through its media and technology operations. Total financial assets reached $3.1 billion, fueled primarily by the crypto treasury build-up and a recent private placement backed by 50 institutional investors. CEO Devin Nunes said that the liquidity and “financial freedom” afforded by this capital will help Trump Media pursue a range of product expansions, including a Truth+ streaming bundle, AI integrations, and a planned utility token for payments within the Truth Social ecosystem. The company also reiterated its goal of launching multiple crypto-focused ETFs and managed investment products. Trump Media shares (DJT) closed at $16.92 on Friday, down 3.81% on the day and 50.26% lower year-to-date, according to Google Finance data.
SharpLink Gaming, a Nasdaq-listed company, is in the spotlight as one of the first public firms to build a treasury strategy centered around Ethereum (ETH). On July 29, 2025, SharpLink disclosed that its Ethereum holdings reached an impressive 438,190 ETH. In addition, the company raised $279.2 million in net proceeds through an at-the-market (ATM) offering during the week of July 21-25, reinforcing its aggressive accumulation strategy. SharpLink’s move is seen by many analysts as a potential turning point for Ethereum’s institutional adoption. While Bitcoin has long dominated corporate treasury strategies, SharpLink’s pivot toward Ethereum signals a new narrative: using ETH as a strategic reserve asset. This approach is being closely watched by investors and public companies exploring blockchain integration and decentralized finance (DeFi) infrastructure. Market commentators believe that SharpLink’s initiative could set a precedent for more companies to adopt Ethereum as a core part of their treasury strategies, aligning with the broader shift toward tokenized financial systems. As Ethereum’s role in real-world asset (RWA) tokenization and on-chain settlement expands, SharpLink’s accumulation could mark the beginning of a new institutional wave positioning ETH as a treasury asset for the future. SharpLink Gaming Deepens Ethereum Bet According to Arkham, an American company specializing in blockchain analytics, a SharpLink-associated account just deployed another $100 million to purchase Ethereum (ETH). The wallet address, 0xCd9e09B30d481cc33937CE33fEB3d94D434F5F75, has now accumulated approximately $800 million worth of ETH on behalf of SharpLink Gaming, making headlines for its aggressive ETH treasury strategy. Additionally, Arkham reports that this account just sent $108.6 million in USDC to Galaxy Digital’s OTC desk, indicating further imminent ETH purchases. This continued buying spree has raised significant questions among analysts and investors: How long can SharpLink keep buying ETH? And what does this signal for other public companies? SharpLink’s actions are fueling speculation about a new trend—Ethereum as a strategic treasury reserve asset. While Bitcoin has historically dominated corporate crypto holdings, SharpLink appears to be pioneering a shift toward ETH, likely due to its utility in decentralized finance (DeFi), real-world asset (RWA) tokenization, and smart contract infrastructure. As Ethereum’s role in institutional finance grows, SharpLink’s accumulation could act as a blueprint for other firms, showcasing how public companies might integrate ETH into long-term capital strategies. The broader implication? Ethereum may soon take center stage alongside Bitcoin in corporate treasuries, reshaping the institutional crypto landscape. ETH Price Action Details: Setting Fresh Lows Ethereum (ETH) is currently trading at $3,406, continuing its downward movement after failing to break above the $3,860 resistance zone. The chart reveals a clear breakdown from the previous consolidation range, with ETH losing momentum after weeks of bullish price action. The price has now fallen below the 50-day ($3,730) and 100-day ($3,691) simple moving averages (SMA), signaling growing bearish pressure in the short term. Volume has spiked during the recent decline, indicating active selling, but the current price sits near a key support region. The next significant level to watch is the 200-day SMA at $3,222, which could act as a critical defense line for bulls. If Ethereum fails to hold this zone, a retest of the $2,852 level is likely, which marks the previous breakout point from early July. Despite the current bearish sentiment, many analysts consider this correction a healthy pullback within a broader uptrend, especially with strong accumulation trends on-chain. A reclaim of the $3,600-$3,700 range is necessary to regain bullish structure. For now, Ethereum remains in a vulnerable position, and the coming sessions will be crucial to determine whether bulls can defend key support and attempt another breakout. Featured image from Dall-E, chart from TradingView