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CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  4. BITCOINCoinDesk

    Russia moves to restrict retail crypto trading to bitcoin, ether and USDT

    Russia’s central bank announced that starting September 1, retail crypto trading will be limited to bitcoin, ether, and USDT on regulated exchanges, as detailed in draft rules that specify which assets are permitted. Non-qualified investors will face an annual purchase cap of 300,000 rubles (about $3,600) per intermediary, while qualified investors have no such limit, according to CoinDesk. The rules also specify that USDT is the only stablecoin included on the initial list. Despite these trading restrictions, crypto payments within Russia remain prohibited under current law.

  7. ALLCoinDesk

    CoreWeave (CRWV) 17% surge lifts neocloud stocks as AI infrastructure outpaces crypto

    CoreWeave's shares surged nearly 16% in pre-market trading after reporting a second-quarter revenue of $2.58 billion, which more than doubled expectations and led to a raised full-year outlook, according to CoinDesk. The company also reported a smaller net loss of $626 million and forecasts third-quarter sales between $3.45 billion and $3.6 billion, with a 2026 revenue guidance of $12.4 billion to $13.2 billion. During the quarter, CoreWeave added over $25 billion in customer commitments and ended with a backlog of $104 billion, noting that recently signed deals carried higher margins. The results highlight a market preference for AI infrastructure, which continues to attract capital and premium valuations despite struggles in the broader crypto market.

  10. BITCOINCoinDesk

    Live updates: AI stocks surge on Q2 beats, bitcoin falls below $64,000 as inflation hits estimates

    According to Arkham data, Metaplanet transferred 3,881 BTC, worth around $247 million, between its own wallets over three hours on Wednesday, moving from cold storage to new addresses it controls, which does not indicate selling according to the report. Similar transactions occurred in March, suggesting this pattern is part of internal custody management rather than market distribution. The company reportedly purchased approximately 43,000 BTC at an average of about $96,000, and with Bitcoin near $63,600, it faces an unrealized loss of about $1.4 billion, a decline of 34%. Metaplanet has been one of the most active corporate buyers since April 2024, with a goal of acquiring 210,000 BTC.

  12. BITCOINCoinDesk

    Here's what bitcoin and ether traders are doing ahead of the binary U.S. CPI print

    Ahead of the U.S. July CPI release, traders are employing different strategies, with some buying call options to benefit from an upward move in bitcoin's price, as evidenced by demand for the $70,000 strike September calls on Deribit, suggesting expectations of a rise if inflation data is softer than anticipated. Others are focusing on volatility, with some adopting strategies like December strangles to profit from potential large movements in either direction, given the expected market uncertainty. Analysts note that the market sentiment is cautiously bullish, with on-chain data indicating accumulation of major coins on spot markets, while derivatives positionings remain guarded, with some traders holding net short exposures. The market's approach reflects a cautious optimism about both price direction and volatility amid upcoming key economic and geopolitical catalysts.

  16. ALLCointelegraph

    Ravencoin hits record low as network exploit puts transactions at risk

    Ravencoin reached a new all-time low of $0.002754 on Wednesday, down approximately 22% from its 24-hour high, amid concerns over a consensus vulnerability that left several days of transactions at risk, prompting exchanges like Upbit and Bitget to suspend RVN transfers. The exploit involved vulnerable nodes accepting invalid blocks, with the first known incident at height 4,487,776, leading to the creation of a competing chain by the majority-controlled mining pools 2Miners and RavenMiner. This chain exclusion could result in a network reorganization over about three days, potentially reversing transactions confirmed after the affected block. Ravencoin advised exchanges to halt deposits and withdrawals to stabilize the network, and trading volumes spiked before easing as the price recovered slightly to around $0.00284, according to CoinGecko.

  18. BITCOINCoinDesk

    Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move

    Bitcoin has been confined to a narrow trading range of approximately $62,000 to $66,000 for several weeks, with steady ETF inflows offsetting selling pressures from miners and corporate holders like MicroStrategy, according to CoinDesk. Trading volumes and implied volatility have fallen to multiyear lows, indicating limited market momentum and a tendency for investors to remain hedged rather than speculate on significant movements. The upcoming U.S. CPI report and potential regulatory progress regarding the Clarity Act are seen as catalysts that could trigger a breakout, though traders remain cautious due to seasonality and historically weak September performance. Overall, the market is characterized by subdued activity with little conviction on either side, awaiting a fundamental event to break the stalemate.

  24. ALLCoinDesk

    Brazil's largest lender Itaú is stepping deeper into the tokenization

    Itaú Unibanco, Brazil’s largest bank by assets, is collaborating with OpenAssets on a pilot project to test the issuance, trading, and settlement of fixed-income securities and investment funds using blockchain technology, as part of an industry-led initiative by the Brazilian Financial and Capital Markets Association ANBIMA. The project will also explore the rules and technical standards necessary for banks and asset managers to operate such systems. Brazil has become a significant testing ground for tokenization of financial assets, with other initiatives including the tokenization of debt, receivables, and even dairy cows, indicating a broad adoption of blockchain-based asset management. OpenAssets raised $10 million last year to develop tokenization infrastructure, with investor involvement from Tether and a family related to Itaú Unibanco.