New York Assembly Bill Seeks 0.2% Excise Tax on Crypto and NFT Transactions

New York Assembly Member Phil Steck has introduced legislation imposing a 0.2% excise tax on all digital asset transactions, including crypto and NFT sales or transfers. According to the bill filing , the proceeds will be earmarked for expanding substance abuse prevention programs in upstate schools. Source: NYAssembly State Revenue Generation Targets Growing Digital Asset Sector Assembly Bill A08966, introduced August 13 and referred to the Ways and Means Committee, would take effect September 1, 2025, marking another state-level attempt to generate revenue from the growing crypto sector. The bill defines digital assets broadly as any asset “ issued, transferred, or both, using distributed ledger or blockchain technology, ” encompassing digital currencies, coins, and non-fungible tokens. The legislation places responsibility for tax payment on “ the person or persons making or effectuating the sale or transfer, ” potentially creating compliance challenges for exchanges, traders, and DeFi protocols operating in New York. The proposed tax comes as global jurisdictions pursue diverse approaches to crypto taxation, ranging from total bans in China to innovation-friendly frameworks in Switzerland and Singapore. The Trump administration reversed Biden-era crypto enforcement policies in 2025, repealing DeFi broker rules and positioning the US as more crypto-friendly, while the EU implemented comprehensive MiCA regulations requiring strict licensing for crypto asset service providers. Global Tax Race Intensifies as Revenue Potential Becomes Clear Thailand, for instance, has implemented a five-year personal income tax exemption on crypto capital gains through licensed platforms, effective January 2025 through December 2029. The Thai government anticipates over 1 billion baht in additional tax revenue through indirect economic activity despite the exemption. While Thailand wants to exempt taxation, taxing countries are progressing gradually. Most recently, Indonesia’s crypto tax revenue jumped 181% to $38 million in 2024, driven by transaction volumes reaching $39.67 billion as the country’s crypto user base exceeded 20 million people. Indonesia’s crypto tax revenue jumped 181% in 2024 to ~$38M, but collections have fallen in 2025 due to market volatility. #cryptotax #Indonesia https://t.co/s20V54zazb — Cryptonews.com (@cryptonews) August 1, 2025 However, 2025 collections dropped to $6.97 million through July due to market volatility, highlighting the challenge of relying on crypto taxes for stable revenue. The Indonesian government raised taxes on foreign exchanges from 0.2% to 1% while keeping domestic platform increases modest at 0.21%, attempting to shift activity toward regulated local platforms. Mining operations face doubled VAT from 1.1% to 2.2%, with special income tax rates ending in 2026. Similarly, Japan’s crypto investors face income tax rates up to 55% on profits, prompting the Japan Blockchain Association to survey 1,500 adults about potential reforms. The survey found 84% of current crypto holders would buy more if the government implemented a flat 20% capital gains tax, while 12% of non-holders said they would start investing under reformed tax rules. Regional Approaches Vary From Prohibition to Innovation Incentives Earlier this year, Ukraine also proposed an 18% personal income tax plus 5% military levy on virtual asset gains, with preferential rates of 5-9% for specific categories. The wartime military levy helps fund defense efforts while the country develops comprehensive crypto taxation frameworks following international examples. While countries are working towards their taxation framework, China maintains a total ban on all cryptocurrency activities, including trading, mining, and individual ownership, as of June 2025, extending earlier prohibitions to support the state-backed digital yuan. In fact, China goes as far as enforcing through active asset seizures and criminal penalties for violations, which remains the major country in the region with low crypto appetite. Singapore, however, offers rigorous licensing through the Monetary Authority with finalized stablecoin regulatory frameworks, attracting blockchain innovation while implementing strict compliance requirements. Similarly, Hong Kong has positioned itself as an Asian crypto center with licensing for exchanges, custody services, and comprehensive stablecoin oversight. Hong Kong SFC tightens crypto custody rules after global security incidents result in $3B losses as hackers move funds 75 times faster than exchange alerts. #HongKong #Crypto https://t.co/zffDuuT6aI — Cryptonews.com (@cryptonews) August 15, 2025 Contrary to the Asian mixed stance, the European Union’s MiCA regulation has unified regulation that requires comprehensive licensing for crypto asset service providers with strict anti-money laundering and consumer protection rules. The framework harmonizes regulation across member states while maintaining innovation-focused oversight approaches. The New York proposal joins other state-level initiatives as federal crypto policy evolves under the Trump administration’s pro-innovation stance. The success of the 0.2% excise tax will likely influence other US states considering similar revenue-generating measures targeting the expanding crypto market. The post New York Assembly Bill Seeks 0.2% Excise Tax on Crypto and NFT Transactions appeared first on Cryptonews .

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Could This Token Reach $4 Before DOGE Tests $2? Experts Weigh In Their Stance

The crypto community is buzzing with speculation about whether Dogecoin (DOGE) can break the $2 mark, but seasoned analysts are pointing toward another contender with more functional firepower— Mutuum Finance (MUTM) . While DOGE thrives on community hype and meme momentum, MUTM is emerging as a true DeFi workhorse, offering features that blend real-world lending utility with the kind of strategic upside that investors rarely see in presale markets. Mutuum Finance (MUTM) Mutuum Finance (MUTM) is being designed as a decentralized, non-custodial liquidity protocol that enables users to earn interest and access capital through a dual lending system. This unique approach lets participants choose between peer-to-contract (P2C) lending—earning yield from blue-chip crypto loans—or peer-to-peer (P2P) lending, where risk-takers can strike private deals, even leveraging trending memecoins. This flexibility is more than just a novelty; it creates a diverse and adaptable lending ecosystem, something memecoins like DOGE will never be able to replicate. The upcoming Layer-2 integration will be a defining moment for Mutuum Finance (MUTM). By significantly increasing transaction throughput while slashing fees, the platform will make lending and borrowing efficient enough to support large-scale adoption. In practical terms, this means faster loan settlements, lower costs for both lenders and borrowers, and a frictionless gateway for users entering the ecosystem. Pair this with the upcoming beta launch, and users will have a hands-on opportunity to explore live lending, staking, and the protocol’s upcoming stablecoin—laying the groundwork for a powerful network effect before the token even lists on major exchanges. Presale Momentum and Strategic Advantage Mutuum Finance (MUTM) is currently in Phase 6 of its presale, priced at $0.035. To date, $14.39 million has been raised, with 17% of the allocation sold and over 15,250 holders already on board. The window for buyers to enter at this rate is closing quickly, as Phase 7 will trigger a 15% price increase. The sense of urgency is compounded by the fact that the project’s credibility has already been validated through a rigorous CertiK audit, achieving an impressive Token Scan score of 95 and a Skynet score of 78. The roadmap points toward aggressive milestones, including listings on leading exchanges like Coinbase, Binance, Kraken, KuCoin, and MEXC—moves that will instantly increase visibility and liquidity. A major catalyst will be the launch of the platform’s stablecoin, ensuring reliable lending liquidity and anchoring the protocol’s economic structure. Another revenue driver is the mtToken staking mechanism, which will distribute dividends to participants via a buyback system. As lending and borrowing activity grows, so will the volume of buybacks, creating a continuous cycle of demand for MUTM. To understand the power of early positioning, consider this: an investor who joined in Phase 2 with $40,000 at a token price of $0.015 would have secured 2,666,666 MUTM tokens. At today’s Phase 6 price of $0.035, that investment is valued at $93,333—already a 133% gain on paper before the token even lists. When Mutuum Finance (MUTM) reaches its projected $4 target, that same holding will be worth $10,666,664. This kind of growth potential is not built on hype alone but on a model with proven economic mechanics, deep liquidity planning, and high-speed Layer-2 infrastructure. The Case for $4 Before DOGE Hits $2 While DOGE remains a cultural phenomenon, its growth prospects are heavily tied to sentiment and viral attention. Mutuum Finance (MUTM), by contrast, is building a real economy within DeFi—an environment where tokens earn yield, users borrow without selling their assets, and market participants can operate in a high-speed, low-cost Layer-2 ecosystem. The addition of a stablecoin will provide stability and predictable liquidity for borrowers, while mtToken staking will reward long-term users with tangible value. The $4 target for Mutuum Finance (MUTM) is supported by clear, measurable drivers: an imminent beta launch that will test real features, listings on top exchanges to attract global exposure, and a structural buy-and-distribute model that fuels ongoing demand. With Phase 6 only 17% sold, investors still have a rare opportunity to secure MUTM at $0.035 before the next price increase locks in. The window is closing fast, and history often rewards those who act early—just as it did in crypto’s most legendary success stories. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Could This Token Reach $4 Before DOGE Tests $2? Experts Weigh In Their Stance appeared first on Times Tabloid .

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Wells Fargo IBIT Holdings Skyrocket: A Game-Changer for Institutional Crypto Adoption

BitcoinWorld Wells Fargo IBIT Holdings Skyrocket: A Game-Changer for Institutional Crypto Adoption The world of finance is buzzing with significant news! U.S. banking giant Wells Fargo has dramatically increased its Wells Fargo IBIT holdings in the second quarter of this year. This move signals a growing trend of institutional engagement with digital assets, specifically through Bitcoin ETF investment . Previously holding $26 million, Wells Fargo’s stake in BlackRock’s iShares Bitcoin Trust (IBIT) has now surged to over $160 million, as reported by Crypto Briefing and confirmed by a recent SEC filing. This substantial jump highlights the increasing confidence traditional financial institutions place in the crypto market. What Does Wells Fargo’s IBIT Investment Signify? This significant increase in IBIT investment by Wells Fargo is more than just a number; it represents a powerful endorsement. It demonstrates that major players in traditional finance are not just observing the cryptocurrency space but actively participating in it. This action could encourage other large institutions to explore similar avenues for institutional crypto adoption , further legitimizing Bitcoin as a viable asset class. The decision to boost Wells Fargo Bitcoin ETF exposure reflects several key factors: Growing Client Demand: Institutions like Wells Fargo often respond to evolving client interest in new investment opportunities. Regulatory Clarity: The approval of spot Bitcoin ETFs in the U.S. has provided a clearer regulatory framework, reducing perceived risks. Diversification Strategy: Bitcoin offers a unique uncorrelated asset class, potentially enhancing portfolio diversification for large investors. This strategic move by Wells Fargo underscores a broader shift in how traditional finance views digital assets. How Are Bitcoin ETFs Driving Institutional Crypto Adoption? Bitcoin ETFs, such as BlackRock’s IBIT, provide a regulated and accessible gateway for institutions to gain exposure to Bitcoin without directly holding the cryptocurrency. This simplifies compliance and operational complexities. The ease of access offered by these products is a major catalyst for increased Bitcoin ETF investment across the financial sector. For instance, an institution can invest in IBIT through their existing brokerage accounts, treating it much like any other exchange-traded fund. This familiarity lowers the barrier to entry for cautious investors who might otherwise shy away from direct crypto purchases. The transparency and liquidity of ETFs also appeal to large-scale investors. What Are the Broader Implications of Increased IBIT Holdings? The expanded Wells Fargo IBIT holdings have far-reaching implications for the entire cryptocurrency ecosystem. This significant institutional capital inflow can: Boost Market Confidence: Large investments from established entities can instill greater confidence among retail and institutional investors alike. Enhance Liquidity: Increased trading volume in Bitcoin ETFs contributes to overall market liquidity. Pave the Way for More Adoption: As more financial giants follow suit, it could accelerate the mainstream integration of cryptocurrencies into global finance. This trend suggests a maturing market where digital assets are increasingly viewed as legitimate components of diversified investment portfolios. It also highlights the strategic importance of regulated products like IBIT in bridging the gap between traditional finance and the crypto world. Looking Ahead: The Future of Institutional Bitcoin ETF Investment The remarkable growth in Wells Fargo IBIT holdings is likely just the beginning. As the crypto market continues to evolve and mature, we can anticipate even more significant participation from institutional investors. The success of products like IBIT is proving that there is substantial demand for regulated, accessible crypto investment vehicles. This shift represents a pivotal moment for digital assets. It signals a future where cryptocurrencies are not just niche investments but integral components of global financial strategies. The ongoing commitment from major players like Wells Fargo is a testament to Bitcoin’s enduring value proposition and its potential to reshape the financial landscape. In conclusion, Wells Fargo’s substantial increase in IBIT investment is a clear indicator of growing institutional confidence in Bitcoin and the broader digital asset space. This move, driven by factors like client demand and regulatory clarity, underscores the transformative role of Bitcoin ETFs in bridging traditional finance with the crypto economy. As more institutions embrace this path, the future of digital asset adoption looks increasingly promising, paving the way for a more integrated financial world. Frequently Asked Questions (FAQs) Q1: What is IBIT? A1: IBIT stands for BlackRock’s iShares Bitcoin Trust, which is a spot Bitcoin Exchange-Traded Fund (ETF). It allows investors to gain exposure to Bitcoin’s price movements without directly holding the cryptocurrency, as the fund holds actual Bitcoin. Q2: Why is Wells Fargo’s increased IBIT holding significant? A2: Wells Fargo’s substantial increase in IBIT holdings from $26 million to over $160 million signifies growing confidence from major traditional financial institutions in Bitcoin as an asset class. It suggests a broader trend towards institutional crypto adoption and validates Bitcoin’s role in diversified portfolios. Q3: How do Bitcoin ETFs benefit institutional investors? A3: Bitcoin ETFs provide a regulated, familiar, and accessible way for institutional investors to gain Bitcoin exposure. They simplify compliance, reduce operational complexities, and allow investment through existing brokerage accounts, making crypto investment more appealing to large entities. Q4: Will other banks follow Wells Fargo’s lead in Bitcoin ETF investment? A4: While not guaranteed, Wells Fargo’s significant Bitcoin ETF investment could certainly encourage other major banks and financial institutions to explore similar strategies. The increasing regulatory clarity and market maturity make it more attractive for traditional finance to engage with digital assets. Q5: What is the overall impact of institutional crypto adoption on the market? A5: Increased institutional crypto adoption can lead to enhanced market liquidity, greater price stability, and boosted investor confidence. It helps legitimize cryptocurrencies as a mainstream asset class, potentially paving the way for broader integration into global financial systems. Did you find this insight into Wells Fargo’s significant IBIT investment valuable? Share this article with your network on social media to spread the word about the exciting developments in institutional crypto adoption! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Wells Fargo IBIT Holdings Skyrocket: A Game-Changer for Institutional Crypto Adoption first appeared on BitcoinWorld and is written by Editorial Team

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Dogecoin Live News Today: Latest Insights for Doge Lovers (August 15)

Stay Ahead with Our Immediate Analysis of Today’s Dogecoin Updates Check out our Live Dogecoin Updates for August 15, 2025! In 2025, Dogecoin stands shoulder-to-shoulder next to Bitcoin. One is the first cryptocurrency, while our doggo friend is widely recognized as the first meme coin. Launched in 2013, $DOGE is up by over 41000% today, looking at a price of over $0.24 and a trading volume in the billions of dollars. If anything, Dogecoin proves that ‘anything is possible’ in crypto, and even underdogs can become industry giants. With endorsements from industry moguls like Elon Musk and official investment vehicles like the Grayscale Dogecoin Trust, $DOGE seems to be going nowhere but up. Click to learn more about Maxi Doge Maxi Doge ($MAXI) is Dogecoin’s bodybuilder cousin chugging Red Bull and scalping cryptos at 3AM in the morning. Embodying full-send chaos and pump potential 2.0, $MAXI is for degen traders who don’t hesitate and keep diamond hands on some of the riskiest plays. While meme coins are a dime a dozen, Maxi Doge is max-commitment, max cojones, and aiming for legend status in the memecoin land. Simply put, if rat poison squared took form, it would probably look like Maxi Doge. And this meme coin is still in presale. If you’re looking for the newest insights on Dogecoin and doge-related projects and meme coins, you’re in the right place. We update this page frequently throughout the day, as we get the latest and greatest insider insights for Doge lovers and memecoin enthusiasts, so keep refreshing! Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Today’s Dogecoin Technical Analysis Dogecoin ($DOGE) closed yesterday with a solid 3.8% gain. While it’s down 1.15% today, this mild pullback was all but certain given that $DOGE is now pressing into strong resistance zones. At present, the meme coin faces two major hurdles: Blue Rectangle Resistance : This zone triggered a sharp 45% sell-off back in June. Upper Triangle Trendline : The blue line marking the top of a long-standing triangle pattern. On the flip side, $DOGE has plenty of bullish ammunition to potentially break through. Key supports include an upward-sloping trendline (orange) and the major EMAs – the 20, 50, and 200 – all trending higher. The coming days could be pivotal. A clean break above both resistance levels could propel $DOGE toward the triangle’s high, which would result in a massive 100% rally from current levels. $DOGE Whales Just Bought 2B Tokens, Could $MAXI be Next on The Radar? August 15, 2025 • 10:00 UTC Dogecoin whales just went full send, scooping up 2B DOGE (roughly $448M) this past week. That’s no small potatoes; it’s a serious signal that the Doge days are far from over. On-chain data from platforms like Santiment’s is lighting up with Golden Crosses and million-dollar transfers; the kind of bullish chaos that makes Dogecoin degens foam at the mouth Trading volume is up over 10%, even if the $DOGE price dipped 6.28% in 24h. This means volatility’s still in play, but major wallets are clearly positioning for something big. So where’s the opportunity for the little guys? Enter Maxi Doge ($MAXI) – a new meme coin in presale that’s catching attention with the retail crowd. If whales are betting on $DOGE, looking at fresh projects riding the same wave is a smart move for penny investors. As Doge’s gym-bro cousin, $MAXI is built to leverage that momentum, and could be next in line if DOGE sentiment keeps climbing. Timing matters with meme coins, and this one’s primed and ready to enter the fray. Find out how to buy Maxi Doge before the whales swoop in. Elon Musk Just Whispered “Only Doge” and Crypto Heard It Loud & Clear. Good News for Maxi Doge? August 15, 2025 • 10:00 UTC Elon Musk just reposted a pic of himself holding the original Doge meme dog. No caption, just vibes. But the message? Dogecoin’s still his favorite. Alt: Tesla CEO Elon Musk has again shown his support for Dogecoin, even as Bitcoin and Ethereum prices surge to new highs. This comes as the total crypto market tops $4T . Ethereum’s flying , altcoins are waking up, and Dogecoin has doubled in a year. Elon Musk has had a profound influence in the history of Dogecoin . His tweets, endorsements, and even subtle nods have repeatedly triggered major price movements. This time, Musk’s post didn’t pump $DOGE directly, but it’s a signal that the meme coin era isn’t over; it’s evolving. And that’s where Maxi Doge ($MAXI) comes in. Maxi Doge is a new presale project built for this moment. It’s got the meme energy, fresh branding, and early entry potential that Dogecoin had back in 2019. If Elon’s subtle nod means anything, it’s that meme coins still have currency and Maxi Doge could be the next alpha dog of the pack. Get in early for max gains. Discover more trending coins here.

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Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (August 15)

Stay Ahead with Our Immediate Analysis of Today’s Bitcoin & Bitcoin Hyper Insights Check out our Live Bitcoin Hyper Updates for August 15, 2025! In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and now it’s sitting at over $100K, after hitting an ATH of $123K in July. Historically, if you’d invested in Bitcoin at launch, you’d have an ROI of 188,643,000%. The likes of Mastercard, JP Morgan, and scores of S&P 500 companies are buying Bitcoin in droves. There’s never been anything like Bitcoin before, and investors are waking up to that reality. However, Bitcoin is getting old for modern standards. No dApps, no smart contracts, and almost non-existent DeFi scalability. It needs an upgrade. And that’s what Bitcoin Hyper ($HYPER) is here to do with Layer-2 technology. Click to learn more about Bitcoin Hyper Bitcoin Hyper ($HYPER) is a crypto project planning to launch the fastest Layer-2 chain for Bitcoin. Its goal – to bring Bitcoin’s blockchain to modern standards. This means compatibility with dApps, smart contracts, and seamless DeFi programmability for developers. The L2 will run on a Canonical Bridge, combined with the Solana Virtual Machine (SVM), for native compatibility with Solana. You’ll be able to build token programs, LP logic, oracles, games, NFT infrastructure, DAOs, and much more. All without reinventing the wheel. To engage with the L2, you’ll deposit $BTC to a designated address monitored by the Canonical Bridge. The Relay Program verifies the details, and then mints an equivalent number of wrapped $BTC on the L2. You can also withdraw your original $BTC at any time. If you’re looking for the newest insights on Bitcoin and Bitcoin Hyper, you’re in the right place. We update this page regularly throughout the day with the latest insider insights for Bitcoin maxis and Bitcoin Hyper fans. Keep refreshing to stay ahead of the pack! Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you. HOW TO BUY $HYPER Today’s Bitcoin Technical Analysis Bitcoin has just set a fresh all-time high, putting it into uncharted territory. With no historical resistance levels ahead, the only hurdles now are psychological milestones – $125K being a key one to watch. While die-hard Bitcoin loyalists may want the rally to keep charging ahead, seasoned investors will be more than happy to see a healthy pullback, perhaps toward the 50% Fibonacci retracement level. That would simply signal a reset before an even stronger push past $125K. The important thing here is not to panic; such a correction would be a normal part of sustaining momentum. One of the strongest reasons to believe this breakout is genuine – and not a mere ‘fakeout’ – is yesterday’s daily candle close above the previous ATH. A quick intraday spike followed by a close back below would have been a warning sign, but thankfully that’s not the case here. An upward-sloping trendline (orange), which has been respected multiple times in recent days, continues to provide solid support. Moreover, the 20, 50, and 200 EMAs are all trending upwards, with BTC trading comfortably above them. This alignment is a textbook bullish signal, reinforcing the market’s strong momentum. If these conditions hold, Bitcoin looks well-positioned not just to test $125K but potentially to push well beyond it. Coinbase Completes Deribit Purchase, Adding $60B Futures Platform While $HYPER Builds for Bitcoin’s Future August 15, 2025 • 10:10 UTC Coinbase completed its purchase of Deribit in one of the biggest acquisitions of 2025 – and Coinbase’s sixth expansion of the year. The move gives Coinbase a platform that did its biggest-ever month in July, over $185B in trading volume. It also signals how quickly the crypto economy is moving towards consolidation and building the next generation of crypto products. That’s something on clear display with Bitcoin Hyper ($HYPER), the fastest Bitcoin Layer 2. Using a modular architecture that combines Bitcoin’s Layer 1 and the Solana Virtual Machine (SVM), $HYPER could vastly expand Bitcoin’s utility. Visit the project homepage to learn more. US Inflation Rises, Creating Short-Term Headwinds, But Bulls Remain Focused on Future with Bitcoin Hyper August 15, 2025 • 10:10 UTC Bad news, at least for the short-term, as the most recent data showed US inflation heating up; it rose 0.9% in July. The risk for crypto – including the blue-chips like Ethereum and Bitcoin – is indirect, at least for now. If inflation rises too quickly, the Fed may be unwilling to cut rates in its September meeting. Still, the long-term outlook remains bullish, with rising global liquidity from both China and the US. Savvy investors are keeping a clear eye on the future, with projects like Bitcoin Hyper’s innovative modular Bitcoin Layer 2 demonstrating just how much creativity still lies in the sector. See how $HYPER leverages Bitcoin’s fundamental Layer 1 and the Solana Virtual Machine.

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Hyperliquid captures 6.1% market share against CEXs, DWF Ventures reports

According to a new analysis released by DWF Ventures on August 15, 2025, Hyperliquid’s decentralized perpetual exchange has reached an all-time high market share of 6.1% against centralized exchanges (CEXs), becoming a major competitor to traditional futures trading platforms. The report from DWF Ventures, the investment arm of DWF Labs, charts Hyperliquid’s evolution from an Arbitrum-based PerpDEX to its current Layer 1 platform following migration to HyperEVM and the HYPE token airdrop. Community-first strategy DWF Ventures attributes Hyperliquid’s success to its absence of early-stage VC funding, instead focusing on refining UX and organically growing its community. This approach was rewarded through the allocation of 31% of HYPE’s total supply to early users via airdrop. Since moving to HyperEVM, the platform has achieved record performance. In July, Hyperliquid recorded $320 billion in perps volume and $87 million in revenue, accounting for 35% of all blockchain revenue that month, the largest share by any single chain. The platform’s market share versus major CEXs like Bybit and OKX has reached all-time highs, with its aggregate market share climbing to the current 6.1% peak. The analysis highlights HYPE’s tokenomics, where 97% of trading fees fund token buybacks. To date, close to $1.3 billion of HYPE has been market bought by the Hyperliquid Assistance Fund. The report also examines governance proposals, including permissionless perps market creation without centralized approval. “Hyperliquid’s growth has been driven by factors including a successful airdrop, a strong and organic community, and of course, its effective product,” the report concludes. “As the platform’s market share continues to trend upwards, it is poised to capture further growth, translating to increased buybacks and buy pressure over time.” Featured image via Shutterstock. The post Hyperliquid captures 6.1% market share against CEXs, DWF Ventures reports appeared first on Finbold .

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ETH ETF Holdings Soar: 10 Million Ethereum Milestone Reached

BitcoinWorld ETH ETF Holdings Soar: 10 Million Ethereum Milestone Reached A significant milestone has just been reached in the world of digital assets, marking a pivotal moment for Ethereum. Recent reports confirm that ETH ETF holdings , combined with Strategic ETH Reserve (SER) entities, have collectively surpassed an astonishing 10 million Ethereum (ETH). This monumental accumulation highlights a growing trend of institutional confidence and widespread adoption of the second-largest cryptocurrency by market capitalization. Understanding ETH ETF Holdings and the Strategic ETH Reserve This remarkable accumulation, announced by the Strategic ETH Reserve (SER) on X, signals a powerful shift in how major players view and invest in the crypto space. When we talk about ETH ETF holdings , we refer to the Ethereum held by Exchange Traded Funds. These funds allow traditional investors to gain exposure to ETH without directly owning the cryptocurrency. They streamline investment, offering regulated and accessible pathways. The Strategic ETH Reserve (SER) comprises various entities, including large institutions, corporate treasuries, and even decentralized autonomous organizations (DAOs). These entities strategically hold Ethereum for long-term value or specific ecosystem purposes. Their combined holdings with Ethereum ETFs demonstrate a robust belief in Ethereum’s underlying technology and its future potential. This isn’t just about price speculation; it’s about recognizing Ethereum’s role in decentralized finance (DeFi), NFTs, and Web3 infrastructure. Accessibility: Ethereum ETFs make investment easier for traditional financial institutions. Validation: Large-scale holdings by SER entities and ETFs validate Ethereum as a serious asset class. Liquidity: Increased institutional participation can enhance market liquidity and stability. The Profound Impact of Institutional Ethereum Accumulation The accumulation of over 10 million ETH by these entities has profound implications for the broader crypto market. Firstly, it represents a substantial amount of Ethereum being held off exchanges, which can potentially reduce selling pressure and contribute to price stability. Secondly, it showcases the increasing appetite for Institutional Ethereum , moving it from a niche asset to a recognized component of diversified portfolios. This trend also suggests a maturing market. As more regulated products like Ethereum ETFs emerge and as major entities commit significant capital, the perception of crypto assets shifts. Investors often look to institutional involvement as a sign of legitimacy and long-term viability. This growing institutional footprint can attract even more capital, creating a positive feedback loop for Ethereum’s ecosystem. What are the benefits for the average investor? Increased Stability: Institutional buying, including through ETH ETF holdings , can help reduce volatility. Broader Acceptance: More institutional adoption paves the way for wider public acceptance. Ecosystem Growth: Capital inflow supports development within the Ethereum network, leading to better dApps and services. Analyzing Future Crypto Investment Trends and Ethereum’s Role While the surge in ETH ETF holdings and SER accumulation is overwhelmingly positive, it also brings considerations. The concentration of a significant portion of Ethereum in fewer hands, albeit large and diverse entities, could raise questions about centralization in the long term. However, Ethereum’s decentralized network architecture aims to mitigate such concerns, focusing on broad participation at the protocol level. Looking ahead, these crypto investment trends suggest a continued professionalization of the digital asset space. We can anticipate more financial products catering to institutional demand, further integrating cryptocurrencies into the traditional financial system. For individuals, understanding these macro shifts is crucial. It helps in assessing market sentiment and potential long-term trajectories for assets like Ethereum. The growth of the Strategic ETH Reserve alongside ETFs highlights a collective belief in Ethereum’s enduring value. Actionable Insight: Stay informed about regulatory developments and the performance of institutional crypto products. These indicators often provide valuable insights into the market’s direction and future ETH ETF holdings . The impressive milestone of over 10 million ETH held by SER entities and Ethereum ETFs underscores a pivotal moment for the cryptocurrency. It signifies robust institutional confidence, a maturing market, and a clear path toward greater integration of digital assets into global finance. This growing embrace of Ethereum by major players solidifies its position as a foundational technology for the future of finance and the internet. Frequently Asked Questions (FAQs) Q1: What are SER entities in the context of Ethereum holdings? A1: SER (Strategic ETH Reserve) entities refer to a diverse group of large holders, including institutional investors, corporate treasuries, and decentralized autonomous organizations (DAOs), who strategically accumulate and hold Ethereum for long-term value and ecosystem participation. Q2: How do Ethereum ETFs work? A2: Ethereum ETFs (Exchange Traded Funds) are investment vehicles that allow investors to gain exposure to the price movements of Ethereum without directly buying and holding the cryptocurrency themselves. They trade on traditional stock exchanges, offering a regulated and accessible way to invest in ETH. Q3: Why is 10 million ETH a significant milestone? A3: Surpassing 10 million ETH in combined holdings by SER entities and ETFs is significant because it demonstrates a substantial and growing institutional commitment to Ethereum, signaling strong confidence in its long-term potential and utility. This scale of accumulation can impact market stability and legitimacy. Q4: How does institutional accumulation affect Ethereum’s price? A4: Institutional accumulation can positively affect Ethereum’s price by reducing the circulating supply available on exchanges, increasing demand, and signaling market maturity. This can lead to greater price stability and potential long-term appreciation, though market dynamics are complex. Q5: What are the potential challenges of increased institutional ETH holdings? A5: While largely positive, potential challenges could include concerns about centralization if too much supply becomes concentrated, though Ethereum’s decentralized nature at the protocol level aims to mitigate this. Regulatory scrutiny may also increase with greater institutional involvement. Did you find this article insightful? Share it with your network on social media to spread awareness about the growing institutional interest in Ethereum and its impact on the crypto market! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post ETH ETF Holdings Soar: 10 Million Ethereum Milestone Reached first appeared on BitcoinWorld and is written by Editorial Team

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SUI Down 6%, But Analysts Say $7 Is Coming

TL;DR SUI falls to $3.81 after heavy liquidations, yet technical charts point toward higher price targets. Breakout above $3.57 Fibonacci level confirms support, setting the stage for a possible move toward $7. Analyst projects climb to $4.90, brief pullback, then surge to $6.90–$7.00 in the coming weeks. Price Drop Follows Liquidations Sui (SUI) traded at $3.81 after falling 6% in the past day, with $1.56 billion in turnover. The move came after a wave of liquidations hit leveraged positions across major exchanges. Long positions worth $14.34K and shorts worth $119.18K were closed during the session. Binance saw the largest share, with $67.37K in short liquidations and $13.59K in longs. OKX, Bybit, and Gate also recorded position closures, though in smaller amounts. However, market charts from Ali Martinez show SUI breaking out of a long-term symmetrical triangle pattern. The breakout came above $3.57, in line with the 0.618 Fibonacci level, which is now acting as support. $SUI bullish retest complete, targeting $7! pic.twitter.com/IimwBmUzaE — Ali (@ali_charts) August 14, 2025 Interestingly, technical levels suggest a path toward $5.25 as the next key area. Extensions place further targets near $6.9 and $7. Martinez projects a move to $4.9, a brief pullback, and a climb toward the $6.90–$7.00 zone in the coming weeks. DeFi TVL Near Record Levels The total value locked in Sui-based DeFi protocols is at $2.150 billion, down 4% in 24 hours but close to its highest point on record. Source: DefiLlama Data from DefiLlama shows TVL growth from about $500 million a year ago to above $2 billion this year. Gains accelerated from late April 2025 after crossing $1.5 billion. The trend has stayed upward despite short-term dips. 21Shares Adds New ETPs in Europe 21Shares has listed two new crypto exchange-traded products on the SIX Swiss Exchange. The 21Shares Sui Staking ETP (ASUI) offers staking exposure to SUI with built-in risk controls. The 21Shares XDC Network ETP (XDCN) provides direct price exposure to XDC. These join the company’s existing products on Euronext Amsterdam and Paris, widening investor access to both assets across European markets. The post SUI Down 6%, But Analysts Say $7 Is Coming appeared first on CryptoPotato .

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Anonymous Whale Acquires $792M in Bitcoin – Bull Run Still On?

An anonymous whale has acquired $792 million worth of Bitcoin following a brutal liquidation event that wiped out $1.05 billion in leveraged positions after unexpectedly high US inflation data triggered widespread market selloffs. The massive purchase occurred as Bitcoin retreated from its new all-time high of $124,457 to current levels around $119,000. The acquisition also coincided with BlackRock’s aggressive accumulation strategy, with the asset manager purchasing $523 million in Bitcoin and $519 million in Ethereum during Thursday’s market dump. US spot Bitcoin ETFs recorded $230 million in net inflows on August 14, led by BlackRock’s IBIT with $524 million, while Ethereum ETFs saw $640 million in inflows driven by ETHA’s $520 million contribution. Source: SosoValue Treasury Secretary Scott Bessent initially crushed market sentiment by declaring the US “ will not be buying any Bitcoin ” for its Strategic Reserve, later clarifying that the government would explore “budget-neutral pathways” to expand holdings beyond confiscated assets. Adding more bullish optimism, David Bailey’s Bitcoin firm Nakamoto has completed its merger with healthcare company KindlyMD to create a publicly traded vehicle targeting $ 1 million in Bitcoin accumulation. The merged entity plans to deploy $540 million from recent financing into building substantial Bitcoin treasury holdings. Market Massacre Tests Institutional Resolve The July Producer Price Index exceeded expectations at 3.3% annually versus the forecasted 2.5%, triggering the largest crypto liquidation event in months. Bybit suffered the heaviest casualties with $447 million in destroyed leveraged positions, representing 42% of total liquidations across exchanges. Ethereum bore the brunt of asset-specific damage, falling 3.78% with $229 million in long positions and $80.22 million in short positions obliterated. Bitcoin declined 2.98%, erasing $253 million in leveraged positions in minutes, while altcoins suffered deeper corrections with SOL down 5.12%, XRP dropping 6.63%, and DOGE plummeting 8.90%. Popular trader AguilaTrades lost 18,323 ETH worth $83.56 million, leaving only $330,000 in their account after the liquidation cascade. Caught in the market crash, AguilaTrades( @AguilaTrades ) was liquidated for 18,323 $ETH ($83.56M) again. His total losses exceeded $37M, leaving him with only $330K in his account. https://t.co/LeSb2QO0PX pic.twitter.com/wNf4JNwemb — Lookonchain (@lookonchain) August 14, 2025 The selloff reversed what appeared to be a generational bull run, with Ethereum just $120 away from setting new records and Solana poised to challenge previous peaks above $208. During the liquidation, the crypto Fear and Greed Index shifted dramatically to extreme fear levels before coming back to 59 neutral today.. Source: CMC Market psychology underwent a rapid transformation as cascading liquidations forced overleveraged positions to close. Corporate Bitcoin Race Intensifies Despite Volatility KindlyMD’s merger with Nakamoto adds another major player to the corporate Bitcoin accumulation race, joining Strategy’s 628,946 BTC holdings and ambitious expansion plans. Metaplanet targets 210,000 Bitcoin by 2027, while Semler Scientific aims for 105,000 BTC in the same timeframe. The merged entity currently holds just 21 Bitcoin but expects to add approximately 4,544 BTC through its $540 million deployment, potentially placing it among the top 20 Bitcoin treasury firms. Honored to officially join KindlyMD as CEO and Chairman. Thank you for coming on this journey with me- together we will rebuild the world on the bitcoin standard. One Nakamoto = One million Bitcoin — David Bailey $1.0mm/btc is the floor (@DavidFBailey) August 14, 2025 KindlyMD shares surged 13.4% on merger news, continuing the trend of strong price appreciation among Bitcoin-focused companies. BlackRock and Fidelity also continue amassing Bitcoin through ETF structures. This organized accumulation is creating sustained institutional demand despite short-term volatility. Technical Analysis Points to Range-Bound Consolidation Bitcoin’s hourly chart reveals the first significant structural break in its uptrend, establishing a “Lower Low” around $117,000 after a series of higher highs and higher lows. According to the analysis shared by a veteran trader, BitcoinHyper. The pattern suggests relentless buying pressure from $113,000 to $124,000 may be showing exhaustion signs. Source: BitcoinHyper on X The recent spike above $124,000, followed by a retracement into the $118,500-$123,000 range, suggests a deviation rather than a genuine breakout. Bitcoin futures premium remains neutral below 10%, indicating traders were unfazed by the price drop from all-time highs. The resilience in derivatives markets indicates little fear of retesting $110,000 support despite repeated failures above $120,000. The anonymous whale’s $792 million acquisition provides fundamental support but has not overcome existing resistance dynamics. Technical analysis suggests other institutional players may be using strength to rebalance positions, requiring additional accumulation before decisive breakouts. Bitcoin appears positioned for continued range-bound trading between $116,000-$123,000 while rebuilding its technical foundation. The whale investment should provide a floor for corrections rather than an immediate breakout catalyst, with patience required before sustained advances beyond current resistance levels. The post Anonymous Whale Acquires $792M in Bitcoin – Bull Run Still On? appeared first on Cryptonews .

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Spot Ether ETFs rack up $3B in August as ETH hits yearly high

Spot Ether ETFs are set to record their strongest weekly performance ever, with inflows already surpassing $2.9 billion.

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