BitcoinWorld Informal Systems Announces Malachite Acquisition by Circle to Power New Arc Blockchain Network High-performance BFT consensus engine powers Circle’s new stablecoin-focused Layer-1 blockchain launching in testnet later this year. TORONTO, Aug. 18, 2025 /PRNewswire/ — Informal Systems, a leader in blockchain infrastructure and protocol design, announced on August 12 that its high-performance consensus engine, Malachite, has been acquired by Circle Internet Group, Inc. (NYSE: CRCL) (Circle), a global financial technology firm, to support the launch of Arc1, a new open Layer-1 blockchain network purpose-built for stablecoin finance. Arc is expected to debut in testnet later this year. Founded by experts in formal methods and distributed systems, Informal Systems builds transformative technologies to foster trust in software and money. Malachite is the product of years of pioneering work in consensus and verifiability—a Byzantine Fault Tolerant (BFT) consensus engine implementing the Tendermint algorithm in a modular design focused on correctness and efficiency. Originally developed to meet real-world demands for a flexible, reusable foundation for decentralized systems. Circle’s integration of Malachite will help bring greater performance, reliability, and security to stablecoin-based payments, reinforcing Malachite’s mission to deliver trustworthy, low-cost, and borderless financial infrastructure. The Malachite repository will remain open source under the Apache 2.0 license, ensuring continued industry access and innovation. “This acquisition is a strong validation of Malachite and of our incubation model,” said Ethan Buchman, CEO at Informal Systems. “Circle’s adoption of Malachite provides a high-impact use case, a robust financial foundation for future development, and ensures our technology contributes to meaningful, mission-aligned outcomes.” The acquisition aligns with Informal’s broader strategy of spinning out incubated projects to accelerate their growth. Alongside Malachite, Informal is advancing initiatives such as Cycles , Hydro , and Quint , a leading tool for complex distributed systems that supported Malachite’s development. Several Informal team members will join Circle to drive Arc’s development, while Informal continues to support other Malachite use cases and collaborate with industry partners on next-generation blockchain applications. “We’re proud of the exceptional talent and technical depth nurtured at Informal,” said Arianne Flemming, COO. “This transition reflects our commitment to ensuring that the technologies we create serve the most transformative purposes possible.” Informal will continue working with leading teams on protocol design and cross-chain infrastructure, offering engineering and security expertise to organizations building with Malachite and beyond. For collaboration inquiries, contact hello@informal.systems . 1 Arc is offered by Circle Technology Services, LLC (“CTS”). CTS is a software provider and does not provide regulated financial or advisory services. You are solely responsible for services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws. This post Informal Systems Announces Malachite Acquisition by Circle to Power New Arc Blockchain Network first appeared on BitcoinWorld and is written by chainwire
Bitcoin, Ethereum, and altcoins are experiencing sharp declines amidst macro data from the US and dwindling expectations for a Fed interest rate cut. BTC has fallen below $115,000, while downward momentum continues for ETH and altcoins. While this decline is likely to continue in the short term, CoinShares released its weekly cryptocurrency report and stated that $3.75 billion in inflows occurred last week. This was the fourth-largest weekly gain on record and the second consecutive weekly gain. Cryptocurrency investment products saw inflows of $3.75 billion, the fourth-highest on record. This pushed AUM to an all-time high of $244 billion. Ethereum Outperforms Bitcoin! When looking at individual crypto funds, it was seen that the majority of inflows were in Ethereum. Ethereum experienced a major surge and took the lead with an inflow of $2.87 billion. The positive atmosphere continued in Bitcoin (BTC), with an inflow of $552 million. When we look at other altcoins, XRP also made a big move and experienced an inflow of $125 million, Solana (SOL) $176.5 million and Sui (SUI) $11.3 million, while Toncoin (TON) experienced an outflow of $1 million and Litecoin (LTC) $0.4 million. Ethereum continues its rally, with a record $2.87 billion in inflows last week. This accounts for 77% of total weekly inflows and brings year-to-date (YTD) inflows to a record $11 billion. While Bitcoin saw modest inflows totaling $552 million, Solana and XRP assets recorded significant inflows of $176.5 million and $125.9 million, respectively. In contrast, Litecoin and Tone saw small outflows of $0.4 million and $1 million, respectively. When looking at regional fund inflows and outflows, the USA ranked first with an inflow of $3.72 billion. Following the US, Canada saw an inflow of $33.7 million and Hong Kong $20.9 million. Against these inflows, Sweden experienced an outflow of $49.9 million and Brazil $10.6 million. *This is not investment advice. Continue Reading: Critical Report Released for Bitcoin and Altcoins! Ethereum Dethroned Bitcoin, Two Altcoins Became the Focus!
More on Circle Internet Group, Inc. Circle Stock: Short-Term Tailwinds, Long-Term Questions Circle: My Bull Case Is Now Broken (Q2 Earnings Review) Circle: Q2 Earnings Not Good Enough Selling like hot cakes: Bullish and a look at some of this year's other blockbuster IPOs Circle prices 10M share public offering at $130 each
Strategy has disclosed a new bitcoin buy covering the period of Aug. 11–17, 2025: 430 BTC acquired for $51.4 million, implying an average purchase price of $119,666 per Bitcoin. Strategy has acquired 430 BTC for ~$51.4 million at ~$119,666 per bitcoin and has achieved BTC Yield of 25.1% YTD 2025. As of 8/17/2025, we hodl 629,376 $BTC acquired for ~$46.15 billion at ~$73,320 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/8zSHvPTFJO — Strategy (@Strategy) August 18, 2025 The add-on continues the company’s program of tactically increasing its treasury position during windows of liquidity. Following the transaction, total holdings stand at 629,376 BTC as of Aug. 17, 2025. Management also flagged a 25.1% BTC yield year-to-date for 2025, showing how balance-sheet exposure has contributed to performance during this year’s rally. Cost Basis and Scale of the Bet The update puts Strategy’s aggregate bitcoin cost at $46.15 billion, translating to an average purchase price of $73,320 per coin across the life of the program. Against that historical cost basis, the latest tranche—bought near $120,000—shows the company continuing to accumulate at elevated market levels while maintaining a long-duration thesis. The company’s approach remains simple: expand core holdings when capital is available and market conditions permit, with the expectation that bitcoin’s multi-cycle appreciation will outweigh near-term price volatility. ATM Playbook: Issuance Trigger Below 2.5x mNAV Alongside the treasury update, Strategy refined its guidance on how it may use its Common ATM equity program. When mNAV (as defined on Strategy.com) falls below 2.5×, the company may tactically issue MSTR shares to: pay interest on debt obligations fund preferred-equity dividends deploy capital “when otherwise deemed advantageous to the Company.” This formalizes how equity issuance fits into the firm’s balance-sheet toolkit. In practice, it gives management a rules-based trigger to raise cash when market conditions pressure the multiple, preserving liquidity for debt service and opportunistic treasury actions. Saylor Updates MSTR Equity Guidance to Boost Capital Flexibility Strategy has rolled out updated MSTR Equity ATM guidance, which offers investors a clearer look at how management will approach capital allocation. Strategy’s latest purchase is modest in size but consistent with its long-running thesis: use corporate finance levers—debt, equity, and cash flow—to compound a large, low-cost bitcoin position. With a clarified ATM framework and a transparent disclosure cadence, the company is showing that it will keep adding selectively while managing obligations and market cycles. Last week, Saylor took to X (formerly Twitter) to explain why shares of MSTR trade at a premium to Bitcoin’s net asset value (NAV). In his post , Saylor attributed this advantage to four key factors: Credit Amplification, Options Advantage, Passive Flows, and Superior Institutional Access—benefits that equity and credit instruments offer over commodity assets like Bitcoin. The post Michael Saylor’s Strategy Adds 430 BTC, Holdings Hit 629,376 – What’s the Catch? appeared first on Cryptonews .
What began as a shakeout of weak hands has spiralled into an exodus, with bearish sentiment over the past week weighing heavily on SPX6900 price predictions . The meme coin is down 26% as the biggest loser in the top 100, fuelled by hotter-than-expected U.S. PPI inflation data, which dented hopes for a September rate cut. Still, analysts anticipate up to four rate cuts before year-end, with the potential to stimulate new demand for risk assets like cryptocurrencies. LATEST: JPMorgan now expects the Fed to cut rates four times in 2025, starting as early as September and bringing the benchmark down to 3.25%–3.5%. Wall Street is bracing for a full easing cycle – bullish fuel for risk assets and Bitcoin. pic.twitter.com/Ahykvridtk — CryptosRus (@CryptosR_Us) August 17, 2025 Have Traders Given Up On SPX? Coinglass derivatives data shows speculative demand for SPX fading, with open interest plunging over 50% since the start of the month as derivatives traders move to the sidelines. SPX6900 Open Interest Decline. Source: Coinglass. Those still active in the market are largely betting on further downside, with a long/short ratio of 0.61 on Binance showing more than 62% of traders shorting the SPX6900 price. Yet while short-term traders appear to be abandoning the meme coin, whales are buying-the-dip. On Sunday, SPX was the most bought Solana-based token among smart money. $SPX (spx6900) is the most bought token by smart money in the last 24 hours according to Stalkchain pic.twitter.com/R0dGiDkLy6 — The Solana Post (@thesolanapost) August 17, 2025 SPX6900 Price Prediction: Has Low Can SPX Go? While SPX has seen support from smart money, the breakdown of the ascending channel that guided its rise stands to see the correction go much lower. SPX / USD 1-day chart, ascending channel breakdown. Source: TradingView, Binance. Momentum indicators point to sellers in control. The MACD line continues to widen below the signal line, suggesting a mid-term downtrend has taken root. The RSI sits at 40, with room to fall before reaching the oversold threshold at 30, typically a zone where seller exhaustion forms a bottom. SPX6900 now tests a critical support at $1. A failure to hold this level could trigger a full breakdown, targeting $0.70 and a further 50% decline from current prices. With the September FOMC meeting still a month away, potential rate cuts remain distant, leaving SPX without a near-term catalyst to halt the slide. SPX6900 Sellers Could Be Eying An Early Alternative Every bull run has a handful of tokens that explode because the community rallies behind them. SPX6900 saw that momentum tip into full-blown cultism, leading the “mission coin” narrative that has delivered some of this cycle’s top performers. Now, TOKEN6900 ($T6900) is shaping up to be its successor. As SPX holders take profit, T6900 is still early enough for new buyers to jump in before the real hype begins. It offers no promises, no utility, because you are the utility. It offers nothing, and yet it is everything you are looking for. Blind devotion is often how billion-dollar meme coins begin. TOKEN6900 is an escape from the misery of a late-internet capitalist dystopia to a fantasy inspired by 2000s nostalgia, fed by nothing but a desire to escape the ritual of the financially doomed: the 9-to-5. The community is already growing fast, raising over $2.1 million within weeks of presale as its earliest disciples are rewarded by a 33% APY on staking. You can assimilate with Token6900 on X , Instagram , or join the presale on the Token6900 website . Click Here to Participate in the Presale The post SPX6900 Price Crashes 26% in 7 Days, Is This Alternative Token Taking Over? appeared first on Cryptonews .
Binance to cease support for crypto network while listing three new trading pairs
BitcoinWorld Sky Protocol Buyback: A Strategic Move to Boost Value In a significant development for the decentralized finance (DeFi) space, Sky Protocol, known for its innovative approach and a lineage tracing back to MakerDAO, recently executed a substantial Sky Protocol buyback . According to reports from JinSe Finance, the protocol spent an impressive $1.39 million last week to repurchase 17.32 million SKY tokens. This strategic move has captured the attention of investors and the wider crypto community, signaling a strong commitment to the protocol’s long-term health and token value. What is a Sky Protocol Buyback and Why Does It Matter? A token buyback is a common strategy in the cryptocurrency world, similar to share buybacks in traditional stock markets. Essentially, a project uses its funds to repurchase its own tokens from the open market. This action reduces the total circulating supply of the token. Why is this important for Sky Protocol? Scarcity and Value: By reducing the supply of SKY tokens, the buyback inherently makes the remaining tokens more scarce. This scarcity can, in turn, increase the token’s value, benefiting existing holders. Confidence Signal: A substantial Sky Protocol buyback demonstrates the protocol’s confidence in its own ecosystem and future prospects. It shows that the team believes their token is undervalued and is willing to invest in its stability. Ecosystem Support: The capital used for the buyback is often generated through protocol fees or treasury funds, meaning the buyback directly channels value back into the core asset that underpins the entire Sky Protocol ecosystem. This recent repurchase of 17.32 million SKY tokens for $1.39 million highlights Sky Protocol’s proactive approach to managing its tokenomics and supporting its community. Sky Protocol’s Strategic Move: Boosting Ecosystem Health The decision to conduct a significant Sky Protocol buyback is not merely about market manipulation; it’s a strategic maneuver aimed at fostering a robust and sustainable ecosystem. Protocols often implement buyback programs as a deflationary mechanism, counteracting potential inflationary pressures or simply reinforcing the token’s economic model. For Sky Protocol, which carries the legacy of MakerDAO, a pioneer in decentralized stablecoins and lending, such a move underscores its commitment to maintaining a strong foundation. This initiative can: Enhance Holder Returns: While not a direct dividend, the potential for increased token value can translate into better returns for long-term holders. Improve Liquidity: In some cases, buybacks can also be used to improve liquidity in certain pools or reduce volatility by absorbing sell pressure. Strengthen Governance: For governance tokens like SKY, a healthier token value can incentivize more active participation in the protocol’s decision-making processes. The transparency and execution of this buyback, as reported by JinSe Finance, further build trust within the Sky Protocol community. What Are the Implications for the SKY Community and Future? The recent Sky Protocol buyback sends a clear message to its community and the broader DeFi landscape: Sky Protocol is actively working to enhance the value and stability of its native token. This kind of proactive treasury management is crucial for decentralized autonomous organizations (DAOs) and protocols aiming for long-term relevance. For individuals holding SKY tokens, or those considering investing, this event offers a valuable insight into the protocol’s financial health and strategic direction. It encourages a closer look at Sky Protocol’s roadmap and future developments. As the DeFi space continues to evolve, actions like this buyback become key indicators of a project’s commitment to its stakeholders and its ability to adapt to market dynamics. In conclusion, the substantial Sky Protocol buyback of 17.32 million SKY tokens is a powerful statement. It reflects a strategic vision to bolster token value, reinforce ecosystem health, and signal confidence in Sky Protocol’s future. This move aligns with best practices in tokenomics and serves as a positive indicator for the protocol’s continued growth and stability within the competitive DeFi arena. Frequently Asked Questions (FAQs) Q1: What is a token buyback in cryptocurrency? A1: A token buyback occurs when a cryptocurrency project uses its own funds to repurchase its native tokens from the open market. This action reduces the circulating supply of the token, potentially increasing its scarcity and value. Q2: How much SKY did Sky Protocol repurchase and for what cost? A2: Sky Protocol repurchased 17.32 million SKY tokens for a total of $1.39 million last week, as reported by JinSe Finance. Q3: Why did Sky Protocol conduct this buyback? A3: Sky Protocol conducted the buyback as a strategic move to boost the value of its SKY token, demonstrate confidence in its ecosystem, and enhance its long-term sustainability by reducing circulating supply and increasing scarcity. Q4: What is the significance of Sky Protocol being “formerly MakerDAO”? A4: The mention of “formerly MakerDAO” highlights Sky Protocol’s strong lineage and background, connecting it to one of the pioneering and most influential projects in the DeFi space, which adds to its credibility and expertise. Q5: How does a token buyback benefit SKY token holders? A5: A token buyback can benefit SKY token holders by potentially increasing the token’s value due to reduced supply and increased scarcity. It also signals strong confidence from the protocol, which can positively impact market sentiment. Q6: Where can I find more information about Sky Protocol’s operations? A6: For more official information, you should refer to Sky Protocol’s official documentation, whitepapers, and announcements on their designated communication channels, as well as reputable crypto news sources like JinSe Finance for market updates. If you found this article insightful, please share it with your network! Help us spread the word about important developments in the crypto space by sharing on Twitter, Facebook, LinkedIn, or your preferred social media platform. To learn more about the latest crypto market trends, explore our article on key developments shaping DeFi institutional adoption. This post Sky Protocol Buyback: A Strategic Move to Boost Value first appeared on BitcoinWorld and is written by Editorial Team
After a blow-out end to 2024 and a roaring start to 2025, the meme coin corner of the crypto world has slowed down. But it’s still a market you can’t ignore – it’s just harder to pin down. The sector’s aggregate value sits around $68B , and while performance has been mixed this year, trading interest remains strong wherever investors think the best meme coin deals lurk. Institutional data firms say the phenomenon isn’t only cultural, it’s mechanical. Kaiko notes meme tokens have repeatedly dominated trading volumes in bursts this year, even as regulators question whether they belong in investable indexes. One answer to the question of meme coin viability might be to avoid it altogether, but instead of considering ‘memes’ versus ‘utility tokens,’ what about a meme coin that brings genuine utility? Enter Little Pepe ($LILPEPE). ‘Little Pepe’ Tries Infrastructure, Not Just Virality Little Pepe ($LILPEPE) is a project positioning itself as a meme-powered ecosystem running on an EVM-compatible Layer-2. Keep the community and branding that fuel meme adoption, but pair it with cheaper, faster transactions than Ethereum mainnet. That’s how you attract traders who are tired of getting clipped by gas fees during hype cycles. The network is designed for near-zero fees, EVM tool compatibility, and anti-sniper protections on its integrated launchpad, making it one of the best crypto presales of 2025 . Presale Momentum and a Big Giveaway The Little Pepe presale is moving fast, over a week ahead of schedule. The presale has raised about $21.M, selling 12.75B tokens and moving into Stage 11 at $0.0020 per token. The team is also running a $777K giveaway for early participants (ten winners at $77K each), contingent on a minimum $100 presale buy-in and social-engagement tasks. So far, so good. And the progress fits in perfectly with the proposed roadmap: a ‘pregnancy’ phase (presale and partnerships) a ‘birth’ phase (launch and top-tier exchange listings) a ‘growth’ phase that targets a top-100 market-cap slot and the formal launch of its Layer-2 EVM chain The core idea is to become an infrastructure for future meme launches rather than a one-off token. Little Pepe ($LILPEPE) – Meme Coin Momentum, Layer-2 Utility High transactions at minimal cost, and a built-in launchpad. Little Pepe isn’t just about creating a meme coin wave – $LILPEPE is ready to build a project that creates its own meme coins. The project is fully audited by Certik , providing a degree of security, transparency, and user trust. The meme sector has matured from one-click jokes to sprawling micro-economies, but the market’s lesson of 2025 is clear: novelty isn’t enough by itself. Projects with Little Pepe’s cheaper execution, fairer initial trading, and developer-ready rails will have a better chance to succeed, and maybe even start the next meme coin rush. Little Pepe threads the needle, keeping the frog-fueled fun while building the platform beneath it. That’s enough to put $LILPEPE among the best cryptos to buy in 2025. Check out the project’s whitepaper , and if you haven’t already done so, follow the project on Telegram and X. Backing Grows for Little Pepe, One of the Best Crypto Presales of 2025 The meme coin sector is sizable but volatile, and choosing the wrong presales carries elevated risk. But Little Pepe ’s emphasis on low-fee, high-throughput rails is exactly what could carry it through any meme coin turmoil. Stage 12 of the presale beckons once the project passes 14.2B tokens sold. As always, do your own research. This isn’t financial advice.
Strategy, formerly known as MicroStrategy, has once again strengthened its long-term commitment to building a Bitcoin (BTC) treasury . On August 18, the company publicly shared that it had bought an additional 430 BTC valued at $51.4 million. This acquisition raises the company’s total holdings to about 629,376 BTC, reinforcing its position as the world’s largest publicly traded holder of the cryptocurrency. A Five-Year Journey of Relentless Bitcoin Accumulation Since its first Bitcoin purchase in 2020, Strategy has steadily increased its stake. The company disclosed that it paid an average of $119,666 per BTC in the latest round. Over five years, the firm has invested roughly $46.2 billion, including fees, acquiring bitcoins at an average price of $73,320. At current market prices, the total value of Strategy’s Bitcoin holdings is estimated at $72.4 billion, leaving the company with unrealized gains of about $26.2 billion. Strategy’s executive chairman and Bitcoin advocate, Michael Saylor , often signals upcoming purchases on social media. Ahead of Monday’s disclosure, Saylor posted a message on X, with a SaylorTracker image showing nearly 629,000 BTC. Traders interpret this as a hint that more Bitcoin purchases are imminent, a practice that has fueled market anticipation. Strategy’s Funding Model and Record Earnings Fuel More BTC Buys The company’s aggressive crypto strategy has been supported by its strong financial results. In Q2 2025, Strategy reported record net income of $10 billion and operating income of $14.03 billion. This is a staggering 7,106% increase from the prior year. Much of this growth comes from unrealized gains on Bitcoin. Furthermore, Strategy leverages its strong earnings and market position to buy more crypto assets. Its market cap to net asset value-focused (mNAV) issuance model allows the U.S.-based firm to issue preferred shares, convertibles, and ATM programs. This happens when its stock trades above the implied BTC per share value. Analysts have praised this approach, highlighting the firm’s ability to expand its crypto holdings efficiently without putting pressure on its balance sheet. Nevertheless, one ongoing debate is that Strategy’s stock trades above its Bitcoin holdings. Some see this as risky. However, other analysts say the premium gives the firm a financing edge, since it can issue stock on good terms to buy more BTC. Analysts at TD Cowen note the preferred-stock program is highly valuable, helping explain why the market supports this premium and continues to support further Bitcoin buy. Other Companies Join the Bitcoin Race While Strategy leads the pack, other companies have also increased their Bitcoin exposure. U.S. firms such as miners MARA, Riot, Galaxy Digital, and newcomers like Bitcoin Standard Treasury Company have added to their stacks. Japan’s Metaplanet recently bought 775 BTC, raising its balance to 18,888 coins. Despite this growing competition, Strategy continues to set the pace, now controlling close to 3% of Bitcoin’s total 21 million supply cap The post Strategy Expands Bitcoin Stash With New $51.4M Purchase appeared first on TheCoinrise.com .
The U.S. Strategic Bitcoin Reserve is a proposed framework to accumulate Bitcoin using surplus revenues from trade tariffs, avoiding new taxes or debt. This initiative could establish the U.S. as