COINOTAG reported on August 20 that the whale known as “First Set 10 Big Goals” retains a significant Ethereum long position exceeding 31,000 ETH at above 5x leverage. According to
BUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada to supply the computing backbone for Bell’s AI Fabric platform. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies.
At a blockchain event in Wyoming, Bowman argued that current restrictions on Fed employees and their spouses that were introduced in 2022, limit expertise and discourage talent from joining the central bank. She compared the situation to “learning a sport from someone who’s never played,” and believes that real-world experience is crucial as the Fed develops a supervisory framework for digital asset issuers. Her comments were made alongside the debut of the American Innovation Project, a new nonprofit backed by major crypto players to encourage bipartisan dialogue between policymakers and the digital asset industry. Fed Staff to Needs Hands On Crypto Insight Federal Reserve Vice Chair for Supervision Michelle Bowman suggested that staff at the US central bank should be allowed to hold small amounts of cryptocurrency in order to better understand the technology they regulate. At a blockchain event in Wyoming on Tuesday, Bowman argued that allowing de minimis investments in digital assets will actually help Fed staff gain some practical experience with how ownership and transfers function, which she said is critical as the institution moves toward creating a framework for supervising issuers of such assets. Currently, most Fed employees and their spouses are prohibited from owning crypto or related products, including exchange-traded funds (ETFs) and shares in crypto companies. These restrictions were tightened in early 2022 after revelations that three senior officials engaged in questionable trading during 2020, while the Fed was implementing emergency measures to support the economy at the onset of the COVID-19 pandemic. While Bowman acknowledged the importance of safeguarding against conflicts of interest, she said the current rules risk pushing away talent from joining the Fed and limit existing staff from acquiring the expertise necessary to engage with emerging technologies. She compared the situation to learning a sport from an instructor who has never actually practiced it, and even said she “wouldn’t trust someone to teach me to ski if they’d never put on skis.” Bowman also pressed regulators more broadly to avoid what she called an “overly cautious mindset,” and warned that excessive skepticism toward blockchain and related innovations could leave the traditional banking system behind. She pointed out that many bankers see distributed ledger technology as a threat to established business models but explained that it has the potential to transform finance regardless of resistance from incumbents. Regulators, she argued, have to decide whether to embrace the change and shape a durable, reliable framework that preserves safety and soundness while reaping the benefits of efficiency and speed, or risk being bypassed altogether. Announcement from the Fed Her comments were made as the Trump administration is taking a much more favorable stance toward the crypto sector. Just last week, the Fed announced it will end a supervision program for blockchain-related bank activities that was put in place under President Biden. Earlier this month, Trump also signed an executive order directing regulators to investigate claims of debanking from the crypto industry and conservative groups. American Innovation Project Debuts Meanwhile, a new nonprofit organization emerged in Washington, DC, and its goal is to bridge the gap between US policymakers and the digital asset sector. The American Innovation Project (AIP), which launched on Tuesday, describes itself as a 501(c)(3) dedicated to fostering understanding of emerging technologies like blockchain and artificial intelligence. It is led by Kristin Smith, president of the Solana Policy Institute, and the group’s board includes executives from major industry players including the Blockchain Association, Paradigm, Digital Currency Group, and Coinbase. LinkedIn post from American Innovation Project Smith explained that the initiative wants to create bipartisan dialogue and collaboration, and believes there is an urgent need for lawmakers to be equipped with the knowledge and tools to craft timely and effective regulation. The AIP’s creation follows a wave of pro-crypto lawmakers entering government after the 2024 elections, and it now joins a growing number of advocacy groups like the National Cryptocurrency Association, the Solana Policy Institute, and the DeFi Education Foundation. The nonprofit’s funding sources include $1 million from Digital Currency Group, as well as contributions from Andreessen Horowitz, Kraken, Uniswap Labs, Stand With Crypto, and an undisclosed amount from the Cedar Innovation Foundation. This is a group with ties to the pro-crypto political action committee Fairshake. The group’s launch coincides with the Wyoming Blockchain Symposium in Jackson Hole. AIP plans to host an “off-record” summit this week that is designed to build connections between the blockchain gathering and the Federal Reserve Bank of Kansas City’s Jackson Hole Economic Policy Symposium, which begins on the same day. Among some of the more well known attendees at the Wyoming event were Senate Banking Committee Chair Tim Scott, and SEC Chair Paul Atkins, who suggested that the agency could shift its approach to digital assets under his leadership.
Hong Kong stablecoin regulations (Stablecoin Ordinance) take effect on August 1, 2025, covering fiat-referenced and HKD-pegged stablecoins issued in Hong Kong. The HKMA will enforce a selective licensing framework to
Securities and Exchange Commission chair Paul Atkins has confirmed a major shift in crypto regulation, stating that “very few tokens” should be classified as securities. His comments, which are a stark contrast to his predecessor Gary Gensler’s view that the vast majority of crypto assets were securities, came at the SALT Wyoming Blockchain Symposium 2025 on Tuesday. Sporting an orange tie, Atkins said the SEC’s “Project Crypto,” which aims to establish rules on such assets, may affect how the agency addresses companies moving forward. “We can not go about looking at oranges [tokens] themselves as necessarily being a security,” he said before adding, “from the SEC’s perspective, we will plow forward on the idea that the token itself is not necessarily a security.” “There are very few, in my mind, tokens that are securities.” Moving Forward on Crypto Regulations “The President’s Working Group on Digital Asset Markets released clear recommendations for the SEC — and we’re setting out to implement them as soon as we can,” said Atkins on X following the conference. I had a great conversation with @TeresaGoody at @SALTConference ’s Wyoming Blockchain Symposium today about my priorities as @SECgov chairman, including Project Crypto and making IPOs great again. It’s a new day at the SEC. Thread pic.twitter.com/I7UIrjQFpT — Paul Atkins (@SECPaulSAtkins) August 19, 2025 The agency plans to move forward independently while Congress considers broader market structure legislation. Atkins also praised the recently passed GENIUS Act stablecoin regulations, stating it was a “seminal step for the US Congress and government.” However, he also said there was a lot of “spring cleaning to do at the SEC,” following years of regulation by enforcement by the previous administration. In related news, the former Executive Director of the White House Crypto Council under President Trump, Robert Hines, has been appointed by stablecoin issuer Tether as its new advisor. Crypto Market Correction Deepens The crypto market pullback has deepened despite the latest positive move from US financial regulators. Total market capitalization has tanked a further 2.3% on the day to $3.87 trillion, its lowest level for a fortnight. Bitcoin led the losses with a 2.7% dump to bottom out at $112,650 during early trading in Asia on Wednesday. The asset recovered to the $113,500 level at the time of writing, but was 8.5% down from its peak last week and was looking at further losses. Ethereum had wiped out last week’s gains in a fall below $4,100 on Wednesday morning as markets continued to melt down. Altcoin losses were not as severe, but they were mostly in the red at the time of writing. The post SEC Chair Confirms ‘Very Few’ Cryptos Are Securities, But Markets Continue to Correct appeared first on CryptoPotato .
According to Coinglass data, centralized exchanges recorded a combined BTC net inflow of 2,364.99 BTC over the last 24 hours. Leading the inflow rankings were Binance (+1,945.80 BTC), Bitfinex (+1,586.08
US-based cryptocurrency exchange, Gemini, recently published a short but deliberate message, which has caught the attention of the XRP Army. The post read, “The neXt era of rewaRds is preParing to launch.” The unusual capitalization of certain letters immediately stood out. By emphasizing X, R, and P, the exchange appeared to signal that a new product related to XRP may be imminent. JackTheRippler (@RippleXrpie), a prominent figure in the XRP community, quickly drew attention to the post, suggesting that the exchange is hinting at something big for XRP. BREAKING: @Gemini , a major exchange, hints at something significant coming for #XRP ! pic.twitter.com/eqnvfySO2D — JackTheRippler © (@RippleXrpie) August 19, 2025 What the Message Could Mean Gemini has a history of utilizing product releases to enhance customer engagement, including its credit card rewards program and staking opportunities for select tokens. Given that background, speculation now centers on what form an XRP-focused initiative might take. The most straightforward possibility is the expansion of XRP-related services and rewards in Gemini’s existing credit card system. The company launched a cashback program for XRP users in March, offering 4% back to anyone who made payments through the card using XRP. Another potential direction is an XRP-based yield product . Gemini previously introduced staking for other assets, offering customers the opportunity to earn returns through the platform’s custody service. Extending that model to XRP would fit naturally into its current offerings. Alternatively, the exchange could opt for a loyalty framework that ties platform benefits to XRP balances or activity, effectively positioning the token as a utility within its ecosystem. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Expansion of a Strategic Relationship Gemini recently entered into a financing partnership with Ripple, securing a revolving credit line to support its upcoming IPO. The agreement signals more than financial backing, as it highlights a growing alignment between the two companies. With Ripple providing capital support and Gemini hinting at an XRP-related rewards program, the collaboration appears to be broadening. This collaboration is important as it demonstrates how Ripple’s partnerships can pave the way for broader XRP integration and utility, extending beyond traditional funding arrangements. The teaser may be the first sign that Gemini intends to integrate the digital asset into customer-facing products, potentially positioning XRP as a central component of its future rewards and loyalty offerings. Gemini has previously shared a similar teaser about RLUSD , and the new post suggests XRP could receive comparable treatment as part of its expanding product strategy, signaling Gemini’s intent to give the token greater visibility and utility across its ecosystem. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Top Exchange Hints At Something Big Coming for XRP appeared first on Times Tabloid .
ALT5 Sigma SEC investigation: ALT5 Sigma and Jon Isaac deny any ongoing SEC probe into Isaac or the company; recent SEC-related reports prompted share volatility but company statements and filings
Harvard economist Kenneth Rogoff, who predicted Bitcoin would likely hit $100 before $100,000, admits he was wrong about three things.
COINOTAG News on August 20 reports trader Eugene Ng Ah Sio announced on his personal channel that he has opened a small long position in Ethereum after taking profits at