Author: John Smith

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Amid market volatility, ETF inflows have maintained institutional investor interest, while UE Crypto provides XRP holders with an alternative cloud-mining option. Summary Cumulative net inflows into XRP spot ETFs reached a record $1.637 billion, showing continued institutional demand despite weakness in XRP price. XRP ETFs recorded about $18.47 million in daily inflows on Aug. 27 even as the token declined, creating a…

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Bitwise’s Solana Staking ETF has surpassed $1 billion in assets less than ten months after its launch, becoming the first individual Solana ETF to reach the level. Summary BSOL held 9.33 million SOL worth approximately $1.018 billion as of Aug. 26. Eric Balchunas said Solana funds have retained most of their $1.7 billion in accumulated inflows. Bitwise reported that 96% of BSOL’s assets were staked, with a 5.80% net reward rate. SoSoValue tracked $1.22 billion in cumulative inflows across a narrower group of U.S. spot Solana ETFs. Bitwise Solana ETF crosses $1 billion Bloomberg senior ETF analyst Eric Balchunas said…

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Zcash price recovered from a midweek drop and moved back above $800 as buyers defended the broader uptrend, but overbought momentum, weak capital flows, and a long-term bearish divergence raise the risk of another correction. Summary Zcash price rebounded from $760.30 and was trading near $807 after briefly approaching $880. Daily RSI stands at 72.29, keeping ZEC in overbought territory after its rapid advance. Liquidation data shows a major liquidity cluster around $835–$840 and another near $750. 4-hour Supertrend support at $731.71 remains the key level protecting the bullish structure. Zcash price recovers above $800 after sharp shakeout According to…

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Fidelity accelerates crypto adoption while ASDeFi’s Digital Miner model addresses energy costs and mining efficiency. Summary Fidelity is building institutional crypto infrastructure around stablecoins, staking, and on-chain yields beyond price exposure. AI and Bitcoin mining competition highlights efficient infrastructure as investors seek crypto yields, staking, and rewards. ASDeFi’s Digital Miner lets users access data-center computing power and earn daily cryptocurrency rewards. This week, financial giant Fidelity took the three most significant steps in its cryptocurrency history: Fidelity Investments has…

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DeFi Development Corp. resumed Solana purchases on Aug. 27, acquiring approximately 19,000 SOL at an average price of $98.14.  Summary DeFi Development acquired approximately 19,000 SOL at an average price of $98.14 per token Thursday. The purchase expanded DFDV’s treasury to approximately 2.33 million SOL and equivalent holdings combined overall. ZeroStack divestment proceeds partially funded the purchase, while acquired SOL will enter staking infrastructure operations. DFDV shares rose after the announcement while Solana remained volatile across broader cryptocurrency markets Friday. Management based its liquidity and outperformance comparisons on publicly available market data, not audited results. The transaction cost about $1.86…

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The Bank of Russia has added 2,600 crypto wallets linked to suspected illegal financial activity to a system used by banks and law enforcement after more than 1 billion rubles flowed into the addresses during the first half of 2026. Summary Bank of Russia flagged 2,600 crypto wallets linked to suspected illegal financial activity after about 1 billion rubles in crypto flowed into the addresses. The wallets were added to a system used by banks and law enforcement agencies for client risk assessments and financial investigations. More than 74% of identified pyramid schemes used cryptocurrencies to attract funds, with scams…

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Galaxy has partnered with industrial safety provider Total Safety to establish 24-hour fire, rescue and emergency medical coverage at its Helios Data Center Campus in Dickens County, Texas. Summary Galaxy partnered with Total Safety for continuous fire, rescue, paramedic, and EMT coverage at Helios. The nearest trauma center is approximately 60 miles away in Lubbock, according to Galaxy’s announcement. On-site responders may support Dickens County during grass fires, severe weather, and other major incidents. Galaxy disclosed no contract value, staffing numbers, equipment inventory, response targets, or activation date publicly. Helios already delivers 133 megawatts of critical computing load to CoreWeave…

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US President Donald Trump’s family-linked crypto ventures have left investors at least an estimated $4.7 billion underwater while generating about $1.4 billion for the president in 2025, according to Public Citizen. Summary Public Citizen estimated that TRUMP memecoin investors were down a combined $3.2 billion. WLFI holders and Trump Media investors accounted for at least $1.45 billion in additional losses. Trump reported about $1.4 billion in crypto-related income for 2025. The watchdog urged Congress to add presidential divestment rules to the CLARITY Act. Trump crypto losses reached an estimated $4.7 billion Public Citizen estimated investor losses across five Trump-linked products,…

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Mirae Asset has set a 150 trillion won or about $109 billion target for a digital asset business spanning cryptocurrency, stablecoins, real-world assets and tokenized securities. Summary Digital X will serve as a central part of Mirae Asset’s next growth strategy. Mirae Asset acquired 97.15% of the former Korbit exchange for 141.4 billion won. The group plans to tokenize assets such as gold, silver, and electricity. Digital X has waived trading fees on won-denominated assets until August 2027. Digital X will anchor Mirae Asset’s $109B plan The Korea Times reported the target after Mirae Asset founder and chairman Park Hyeon-joo…

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Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an 18-month dividend reserve. Genius Group plans to restart Bitcoin purchases after liquidating its holdings to repay $8.5 million. Final offering terms remain subject to board approval, securities rules, and market conditions. Genius Group turns to preferred capital Genius Group said on Aug. 27 that it…

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