United States Securities and Exchange Commission (SEC) head Paul Atkins doubled down on his commitment to ensuring the next wave of “financial innovation” happens on American soil in an August 4 X post. Paul Atkins Reaffirms U.S. Commitment to Crypto According to a Monday post published on Atkins’ official X account, the newly appointed SEC chair claims that the agency during his tenure will “make sure the next chapter of financial innovation is written right here in America.” We will make sure the next chapter of financial innovation is written right here in America. Watch highlights from my speech launching Project Crypto at @A1Policy . pic.twitter.com/euqY9samPt — Paul Atkins (@SECPaulSAtkins) August 4, 2025 In a clip from Atkins’ speech at the America First Policy Institute last Thursday, the federal regulator reaffirmed his commitment to developing a crypto-friendly regulatory framework stateside. “The SEC will not stand idly by and watch innovations develop overseas while our capital markets remain stagnant,” Atkins said. “We are at a threshold of a new era in the history of our markets.” The SEC Unveils Project Crypto Initiative Atkins’ X post comes just days after he announced that the SEC had launched a commission-wide initiative known as “Project Crypto” to “modernize the securities rules and regulations to allow America’s financial markets to move on-chain.” The blockchain-oriented project would effectively reverse the SEC’s old regulation-by-enforcement approach toward digital assets by providing clear token classification and reshoring the crypto industry as a whole. “The days of convoluted offshore corporate structures, decentralization theater, and confusion over security status are over,” Atkins said. “President Trump has said that America is in its Golden Age—and under our new agenda, our crypto asset economy will be, too.” Atkins also praised the President’s Working Group on Digital Asset Markets’ recently released report that provided “clear recommendations” to federal agencies across the board to build a crypto-friendly framework, ensuring “U.S. dominance in crypto asset markets.” “This report is the blueprint to make America first in blockchain and crypto technology,” Atkins concluded. The post SEC Chair Paul Atkins Pledges To Keep Crypto Development On U.S. Soil appeared first on Cryptonews .
Cryptocurrency markets faced challenges from Trump's policies initially but are poised for better times. BTC and ETH have shown resilience, with positive price predictions by analysts for 2025. Continue Reading: Crypto Markets Promise Exciting Times as Analysts Eye New Opportunities The post Crypto Markets Promise Exciting Times as Analysts Eye New Opportunities appeared first on COINTURK NEWS .
Cryptocurrency investment giant Paradigm may allegedly hold approximately $765.4 million worth of HYPE tokens. According to Onchain data, wallets believed to belong to Paradigm hold a total of 19,134,900.46 HYPE. These assets, with an average purchase price of $16.46, are estimated to have cost approximately $315 million and are currently generating approximately $450 million in profit. While Paradigm hasn't officially shared any wallet addresses, on-chain analysis account mlmabc notes that the investor made his initial purchases through FalconX and continued his purchases through Wintermute starting in November. The timing and nature of the large HYPE withdrawals from FalconX wallets has reinforced suspicions that these addresses may belong to Paradigm. Related News: Bitcoin Bull Michael Saylor Speaks About the Future of BTC: “What Electricity Is Today, BTC Will Be Tomorrow” At the time of writing, HYPE is trading at $38.05, 23% off its all-time high. The token is down 12% in the past week. *This is not investment advice. Continue Reading: Investment Giant Paradigm Allegedly Has a Whopping $765 Million Investment in This Altcoin
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The Open Network and Telegram inked an "exclusivity deal” last month.
One of the major investors who participated in Ethereum's (ETH) initial coin offering (ICO) has started accumulating again, ending a year-long sell-off. During Ethereum's initial coin offering, ETH was sold for $0.31 per coin. The fact that a significant amount of ETH had already been mined on the Proof of Work consensus network prior to the sale sparked controversy. According to on-chain data, the whale in question withdrew a total of 13,600 ETH from exchanges over the past three weeks. The total value of these purchases is approximately $47 million. Related News: Experienced Analyst il Capo Reveals His Expectations for Bitcoin and Altcoin Prices - “The Black Swan Event...” The latest transaction occurred just minutes ago, with 2,000 ETH withdrawn at an average price of $3,456 per ETH. This move marks the whale's first major accumulation in two years. The whale, who previously deposited 6,000 ETH into the OKX exchange, has withdrawn more than twice that amount. Currently holding 59,718 ETH in his on-chain wallet, his assets are worth approximately $210 million. The current price of ETH is $3,548.02. *This is not investment advice. Continue Reading: Whale Who Bought Ethereum at $0.31 Ended Long Selling Wave and Started Buying – Here Are the Details
Ethereum has pulled back sharply in recent days, slipping below $3,500 and raising questions among investors about what’s next. Yet even with the dip, some believe ETH may be gearing up for a much bigger move—possibly outpacing Bitcoin in the long run. While Bitcoin remains the top crypto by market size, the battle for dominance is heating up, and Ethereum is right in the middle of it. Long-Term Holders Still Confident This latest correction has left both ETH and BTC in a cooling phase, but many long-term holders aren’t worried. Instead, they see this as a setup before a potential rally. And with Ethereum’s active ecosystem and growing real-world use cases—from smart contracts to tokenized assets—it’s no surprise that some traders are now targeting 20x gains as a realistic goal. New Contender Takes the Crypto Spaces by a Storm With that in mind, newer players like MAGACOIN FINANCE are also turning heads. MAGACOIN has been gaining momentum on crypto forums and social media, with search trends and media mentions spiking over the past week. Investors are now comparing its rise to the early stages of major coins like Cardano. For those looking beyond ETH and BTC, MAGACOIN FINANCE is quietly positioning itself as a serious contender in the next bull run with its potential for major gains . Ethereum Still Holds a Strong Position Back to Ethereum—despite the recent pullback, it still holds one of the strongest positions in the entire market. Analysts say if Ethereum maintains network growth and adoption pace, reaching high five-digit prices over the next cycle could be possible. That’s why many ETH holders aren’t discouraged by the short-term drop. Instead, they see it as a chance to stack more. Bitcoin Slows, ETH Eyes the Lead Bitcoin, on the other hand, is also dealing with its own cooldown. After touching new highs recently, BTC has lost momentum. Some traders think this is a natural pause, while others believe Ethereum has a chance to close the gap in the months ahead. The big question: will ETH move first, or will Bitcoin surprise everyone again? Conclusion Ethereum’s recent dip hasn’t shaken the belief of long-term investors, who still see a path to massive gains. Meanwhile, MAGACOIN FINANCE is rising fast in popularity, signaling a possible breakout moment of its own. Whether ETH beats Bitcoin to the next big milestone or not, one thing is clear—crypto is gearing up for its next chapter. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Ethereum Investors Eyeing 20x Gains: Will ETH Beat Bitcoin to $200K?
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Key phrasing in the GENIUS Act permits payment platforms and crypto exchanges to continue to offer yield to holders, despite bans on issuers doing the same.