Yours_FunkaR

Breaking News

Hey friends, here's the latest from the crypto world, explained simply:

Ethereum $ETH just broke above the $4,000 mark today for the first time in 2025—marking a fresh high in its current cycle and sparking some renewed bullish vibes in the market .

This surge was boosted by a mix of positive signals. A notable catalyst: an executive order from the U.S. president allowing crypto investments in 401(k) retirement accounts, which seems to have lifted overall market sentiment . At the same time, Ethereum joined an altcoin rally alongside Ripple and Chainlink, showing broad strength and enthusiasm .

On the technical side, analysts say that breaking this $4,000 barrier could be a big deal. It might set the stage for even more gains—some forecasts talk about moving toward levels like $6,000, $7,200, or even higher if momentum holds strong enough .

So in short: Ethereum is on the move, and if the bullish energy lasts, we could be looking at some exciting upside from here.

Source: MarketPulse

#ETHBreaks4000 #CryptoIn401k

Breaking News

Hey friends, here’s the latest update from the crypto mining world:

CleanSpark is now facing a possible $185 million tariff risk. U.S. Customs and Border Protection (CBP) says some of the Bitcoin mining machines CleanSpark imported between April and June 2024 may actually be from China, meaning they’d qualify for steep punitive tariffs. CleanSpark is firmly denying it—saying their suppliers provided all the paperwork showing the gear was not made in China, and they plan to fight the claim hard .

To put that number in perspective, $185 million is nearly 70% of CleanSpark’s net income for Q3 2025—a quarter when they reported a whopping $257.4 million in profits and 91% revenue growth . So, this isn’t a small matter—it could potentially eat into a huge chunk of their earnings.

And CleanSpark isn’t the only one in hot water. Another mining firm, IREN, is also dealing with a similar dispute with CBP—this one over $100 million in alleged tariffs for comparable import issues .

This whole situation highlights a growing trend: U.S. regulators are stepping up scrutiny over where crypto mining equipment actually comes from. It’s a reminder that for companies in this space, transparency in supply chains isn’t just a nice-to-have—it’s becoming critical to avoid serious financial risks .

Source: crypto.news

#USFedNewChair

Breaking News

Hey friends, here’s something pretty wild happening in the crypto world today:

Verb Technology, which is traded on Nasdaq, just closed a massive $558 million private funding round. They’re using this money to buy up Toncoin (TON), and get this—they’re turning it into their main treasury asset. It’s a big move into staking and holding, designed to earn returns while sticking with the token long-term .

But there’s more—Verb is rebranding itself as TON Strategy Co., basically turning into a crypto treasury firm focused entirely on Toncoin . The deal was big on institutional backing too, with Kingsway Capital leading and heavy hitters like Blockchain.com, Pantera, Kraken, and more joining in .

In short: a traditional tech company is reinventing itself as a Toncoin reserve, staking tokens and betting on Telegram’s massive ecosystem to drive value. Pretty big gamble—and fascinating to watch.

Source: crypto.news

#CryptoIn401k

Breaking News

hey everyone, here’s what’s going down in the crypto world—nothing too flashy, just the numbers:

BlackRock moved a huge chunk of Ethereum—around 101,975 ETH (about $372 million)—into Coinbase Prime in a single day. That kind of dump hasn’t happened before and shook things up fast. The ETH price slipped as a result. 

Meanwhile, Ethereum’s transaction activity is going off the charts—monthly volume hit $238 billion in July, marking a one-year high and a 70% jump month-over-month.  At the same time, fees and general network revenue have actually plunged—even though usage is surging. Monthly net income is super low compared to its glory days. 

Staking is booming big time too. Over 36 million ETH is staked now—about 30% of the total supply. And just in early June, 500,000 ETH (worth roughly $1.8 billion) went into staking. 

And here’s the kicker: BlackRock’s Bitcoin holdings aren’t dropping—they’re holding steady or even rising. It’s just Ethereum that’s seeing this sharp 2–3 day drop in balance. 

So here’s the breakdown:

Ethereum’s usage is climbing hard—transactions and staking are rising—but revenue from fees is dropping big time. On-chain activity is booming, yet earnings from that activity are lagging. Meanwhile, BlackRock's ETH stash is shrinking fast, while their Bitcoin stash stays strong. It’s a little nerve-wracking, not gonna lie.

#ETH #blackRock #CryptoIn401(k) #bitcoin

Breaking News

The U.S. government just had a major Bitcoin facepalm moment. Turns out, selling off 195,000 BTC between 2014 and 2023 might have been one of the worst financial moves ever—costing taxpayers a staggering $21 billion in missed gains .

Here’s the breakdown:
- The U.S. Marshals Service sold seized Bitcoin (mostly from Silk Road busts) for just $366 million over those years.
- If they’d held onto it, that stash would now be worth $22.2 billion at today’s prices (~$114,000 per BTC) .
- The biggest oops? Auctioning 29,657 BTC in 2014 for $19 million—now worth $3 billion+ .

Even Germany’s infamous 2024 Bitcoin sale (missing $3B in gains) looks tame compared to this . The kicker? The U.S. still holds 198,000 BTC (worth ~$22B), but critics like Senator Cynthia Lummis say the early sales were a "deeply troubling" blunder .

Moral of the story? Maybe governments should listen to Bitcoiners: HODL .

Sources: Crypto.news, AInvest, Cryptorank, CCN, LinkedIn

#BTCUnbound #BTCReserveStrategy

Breaking News

Ripple is making a big move into stablecoins! The company just announced plans to buy Rail, a stablecoin payment platform, for a cool $200 million. This deal could give Ripple a stronger foothold in the fast-growing stablecoin market, which is a key part of crypto payments and DeFi.

Rail is known for its fast, low-cost cross-border payments using stablecoins, and this acquisition could help Ripple expand its services beyond XRP. While the deal still needs regulatory approval, it shows Ripple’s push to stay competitive as stablecoins become more mainstream.

No word yet on how this might affect XRP, but it’s definitely a sign that Ripple is betting big on the future of stablecoin-powered payments.

Source: Crypto.news

#BinanceHODLerTOWNS #BinanceHODLerPROVE

Breaking News

Big move for Bitcoin and retirement plans! President Trump just signed an executive order today (August 7, 2025) that could change how 401(k) accounts work. The order directs the Labor Department to review rules and allow cryptocurrencies like Bitcoin, as well as private equity and real estate, to be included in 401(k) retirement plans.

Bitcoin jumped about 2% on the news, hitting around $116,000, and crypto-related stocks like Coinbase also got a boost. This reverses some of the restrictions from the Biden era and opens the door for more people to hold crypto in their retirement accounts.

Some experts warn about risks—crypto is volatile, and there could be higher fees—but supporters say it gives investors more options to diversify and potentially earn higher returns. Big players like BlackRock and Empower are already working on new 401(k) products that include these alternative assets.

This is a major shift in retirement investing, and we’ll see how it plays out in the coming months.

Sources: CNBC, Cointelegraph, CoinDesk, Bitcoin Magazine, Reuters, Yahoo Finance, Fortune, Bloomberg (via FA Magazine).

#BTCUnbound #BTCReserveStrategy

Looks like a slip-up in a governance post just spilled the beans: MetaMask is teaming up with Stripe to launch its own dollar-pegged stablecoin, called mmUSD.

According to the leaked proposal, this stablecoin could become the main trading pair for MetaMask’s services. The project also has backing from stablecoin platform M^0.

The news first got out when a proposal for Aave—y’know, the big lending protocol—mentioned plans to integrate mmUSD. The proposal described it as "the cornerstone asset for the MetaMask ecosystem," meant to be a neutral, super-liquid currency built right into MetaMask’s wallet, swap, buy/sell, and Earn features.

But the post didn’t stay up long—someone pulled it down fast. Marc Zeller from the Aave Chan Initiative (a DAO services group) told DL News it was taken down because it was *"too soon"* to talk about the stablecoin. He did confirm the proposal was real, though.

This comes right after MetaMask and Aave announced a partnership last week, letting wallet users earn yield from Aave’s stablecoin pools straight in the MetaMask app.

When asked about the leak, M^0 Foundation didn’t say much, and Stripe hasn’t responded yet. A Consensys rep (MetaMask’s parent company) gave the usual "we don’t comment on speculation" line but added they’re "always exploring ways to improve MetaMask."

So yeah—big moves might be coming. Guess we’ll have to wait and see.

#MetaMask #NewsAboutCrypto

Big news in the crypto legal world – Binance's founder Changpeng Zhao (aka CZ) is pushing back hard against that massive $1.8 billion lawsuit from FTX. He's basically telling the court: "This case shouldn't even be here."

So here's what's going down:

FTX's bankruptcy team has been going after anyone they think got money unfairly before FTX collapsed. Now they're targeting Binance, saying the crypto exchange got a bunch of FTT tokens and other assets in shady ways when Binance sold its FTX shares back in the day.

But CZ isn't having it. His legal team just filed papers in Delaware bankruptcy court making some strong arguments:

First, he says the US court can't even touch this case because he lives in Dubai now. The whole "you can't sue me here" defense.

Second, he points out all these transactions happened across different countries, so US bankruptcy laws shouldn't apply. It's like if you made a deal between companies in Ireland and the Cayman Islands – why would Delaware courts care?

Third, he insists the share sale was totally legit – Binance had FTX shares, sold them back, and got paid in crypto. Standard business stuff, nothing shady.

And here's the kicker – CZ says you can't blame him for Sam Bankman-Fried's mess. SBF was the one running FTX into the ground, not him.

Remember how these two used to be buddies? Binance was an early FTX investor before things went south. That share buyback deal is what started all this drama. FTX's lawyers call it corrupt, CZ calls it business as usual.

Now we're all waiting to see if the Delaware judge buys CZ's arguments. If they agree he's outside US jurisdiction, case closed. If not, buckle up for a long courtroom battle.

Fun fact to end on: CZ just got out of a 4-month US prison stint for money laundering stuff. Meanwhile SBF is sitting in a cell for the next 25 years. Quite the different endings for these crypto rivals.

#CFTCCryptoSprint #BTCUnbound

Breaking: U.S. Regulators Take Major Step Toward Crypto Clarity

The Commodity Futures Trading Commission (CFTC) just dropped big news that could change how Bitcoin and Ethereum are traded in America. They've launched what they're calling a "Crypto Sprint" - a fast-track effort to create clear rules for spot trading of major cryptocurrencies on regulated exchanges.

Here's what you need to know:

1. The Plan: The CFTC wants to allow Bitcoin and Ethereum to be traded as spot contracts on regulated futures exchanges (called DCMs). This would be different from how crypto is traded now on regular exchanges like Coinbase or Kraken.

2. Why It Matters: Right now, crypto exists in a legal gray area. This move could bring real oversight to spot trading while keeping it within the existing Commodity Exchange Act rules - no need for new laws from Congress.

3. Public Input Wanted: They're asking for comments from everyone - traders, exchanges, regular investors - until August 18. This is your chance to weigh in on how these markets should work.

4. The Big Picture: Acting CFTC Chair Caroline Pham says this fits with the Trump administration's goal to make the U.S. the global leader in crypto. It also coordinates with the SEC's own crypto efforts (called Project Crypto).

What This Could Mean:
- More institutional investors might feel comfortable entering crypto markets
- Possibly clearer rules about which cryptos are commodities (like BTC) vs. securities
- A step toward more mainstream acceptance of crypto trading

But there are still big questions:
- How will this work with the SEC's rules?
- Will it actually make trading better for regular people?
- Can they really do this without new laws from Congress?

The deadline for public comments is August 18. After that, we'll see how quickly the CFTC moves to make this a reality.

This could be one of the most important developments for crypto regulation we've seen in years. Stay tuned as this story develops.

#CFTCCryptoSprint #CryptoRegulation
#Bitcoin
#Ethereum

Let's talk straight about XRP. If you bought at $3 hoping it would hit $10 or more, you might want to take a hard look at what's really happening with this coin. This isn't about spreading fear - it's just looking at the facts.

First, look at the price history. XRP hit its all-time high of $3.84 way back in January 2018. Even during the 2021 bull run when most major cryptos broke records, XRP couldn't reach that peak again. That tells you something about where the market's interest really is.

Then there's the supply issue. With over 55 billion XRP tokens out there, for the price to hit $10, it would need a market cap bigger than Ethereum's current value. Ask yourself: is XRP really doing enough new and exciting things to justify that kind of growth?

The legal situation isn't helping either. Sure, Ripple got some wins against the SEC, but the case isn't completely settled. That uncertainty keeps big money on the sidelines, and in crypto, that means missing out on growth.

XRP used to be the king of cross-border payments, but now there's serious competition. Projects like Stellar, USDC, and Chainlink are doing similar things, often better. XRP isn't leading anymore - it's trying to keep up.

If you bought near the top, you're probably holding more out of hope than anything else. That money could have made multiple times its value in other, more promising projects. In crypto, what you don't invest in can hurt just as much as what you do invest in.

Now, this doesn't mean XRP is worthless or a scam. It's just not where the big opportunities are right now. If you're looking to grow your money, you'd be better off checking out smaller cap coins with real potential, projects in hot sectors like AI or real-world assets, or teams that are actually building and gaining users.

The crypto market moves fast. What worked in 2018 or even 2021 might not work today. Holding onto old price targets and dreams might mean missing out on what's actually moving now. The smart money adapts to where the market is going, not where it's been.

#xrp #Binance

Breaking: Binance to List AI-Powered DeFi Token INFINIT (IN) with Dual Trading Options

Big news from Binance—the crypto exchange giant is gearing up for a major listing that could shake up the DeFi space. On August 7, 2025, Binance will officially list INFINIT (IN), an AI-driven DeFi project, with both spot and futures trading going live on the same day.

Key Details You Need to Know:

1. Dual Listing Launch Times (August 7, 2025)
- Spot Trading (Binance Alpha): Starts at 09:00 UTC (IN/USDT pair)
- Futures Trading (Binance Futures): Goes live at 10:30 UTC (INUSDT perpetual contract)

This means traders will have two ways to get exposure—whether they prefer buying the actual token or trading with leverage.

2. Special Airdrop for Binance Alpha Users
To mark the launch, Binance is rewarding its Alpha community with an IN token airdrop. Here’s how to qualify:
- When? August 7 (09:00 UTC) to August 8 (09:00 UTC)
- Where? Binance App > Alpha Events section
- Who’s eligible? Users with Alpha points

Pro tip: Binance suggests using limit orders* to avoid delays due to high demand.

What Makes INFINIT (IN) Stand Out?
INFINIT isn’t just another DeFi token—it’s bringing AI automation into decentralized finance. The platform lets users:
- Automate DeFi strategies with AI-powered tools
- Simplify complex protocols through smart assistants
- Optimize yield farming and trading with data-driven insights

Basically, it’s like having a DeFi co-pilot that handles the heavy lifting.

Futures Trading Perks
For those who like trading with leverage, INUSDT futures contract comes packed with features:
- Up to 50x leverage
- Multi-Asset Mode (trade using BTC and other assets as collateral)
- Copy Trading enabled within 24 hours of launch

Why This Listing Matters
Binance doesn’t just list any project—it’s a sign of strong confidence in INFINIT’s potential.
Mark your calendars—August 7 could be a big day for IN’s price action.

#BTCReserveStrategy
#BinanceHODLerTOWNS
#BinanceHODLerPROVE

Big News: US Regulators Take Major Step Toward Legalizing Spot Crypto Trading

The US just moved one step closer to bringing real crypto trading under government oversight—and it could be a game-changer for Bitcoin and Ethereum.

Here’s what’s happening:

The Commodity Futures Trading Commission (CFTC)—the agency that oversees crypto futures—just announced plans to allow spot crypto trading on regulated exchanges. That means platforms like CME or Kraken could soon let you trade actual Bitcoin and Ethereum under federal rules, not just futures contracts.

Why does this matter?

Right now, most crypto trading happens on private exchanges with little oversight. But if the CFTC gets its way, big financial players might finally feel comfortable jumping in. More regulation could mean more institutional money—and possibly more stability—for crypto.

The key details:
- The CFTC says they can do this without new laws—they’re using existing rules meant for commodities like oil and gold.
- They’re asking for public feedback until August 18th on how to make it work.
- The agency’s acting chair, Caroline Pham, says this fits with Trump’s push to make the US the global hub for crypto.

But there’s a catch…

The SEC (which treats some cryptos as securities) hasn’t weighed in yet. If they disagree, we could be in for another regulatory fight. Remember how long it took to get a Bitcoin ETF approved?

What’s next?

If this goes through, we might see:
✔ More mainstream adoption of crypto
✔ Easier ways for big investors to buy Bitcoin without worrying about sketchy exchanges
✔ Possibly even clearer rules on which cryptos are commodities (like BTC) vs. securities (like some tokens)

This isn’t a done deal yet—but it’s one of the biggest signs that Washington is finally getting serious about crypto.

What do you think? Good move or too much government involvement?

#CFTCCryptoSprint
#ProjectCrypto