Coindesk

A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power plants to mine bitcoin (BTC), according to recent public statements.The proposal would install mining hardware at facilities owned by state utility Électricité de France (EDF), according to news outlet Le Monde. The process would take advantage of surplus energy generated by these nuclear power plants.France is the largest producer of nuclear power in the European Union, according to 2023 data from Eurostat. It accounted for 338,202 gigawatt hours, or more than half the 27-nation bloc's total output. The heat produced by nuclear fission is used to produce electricity, but more than two-thirds of it is lost, the statistics agency...

Metaplanet (3350), a Tokyo-listed investment firm, said it bought another 463 bitcoin (BTC), emphasizing the cryptocurrency's long-term shareholder value even as its stock fell more than 7% to sit at half the value it held in June.The latest purchase cost the company 7.995 billion yen ($540 million) at an average price of 17.3 million yen per bitcoin and takes total holdings to 17,595 BTC. In all, Metaplanet has paid some 261.28 billion yen for its stash.The purchase comes amid a slump in Metaplanet’s share price, which slid to 987 yen on Monday, almost 50% below its June peak. With its value reflecting both the changing price of bitcoin and the increase in its BTC holdings, Metaplanet is positioning itself as...

CACEIS, the asset servicing arm of Credit Agricole, has acquired a minority stake in French fintech Kriptown to support the launch of Lise, a blockchain-based exchange aimed at SMEs and mid-cap companies.Lise, short for Lightning Stock Exchange, is set to be Europe’s first tokenized exchange focused on streamlining equity financing and public listings for smaller firms, CACEIS said in a press release on Monday.Lise is currently awaiting regulatory approval as a DLT Trading and Settlement System (DLT TSS) under the European pilot regime. If approved, it would allow companies to issue, trade, and settle financial instruments directly on a distributed ledger, cutting down the time and costs associated with traditional IPO processes.Lise would allow investors to trade shares on a...

DOGE rose 5% during the 24-hour session from August 2 at 21:00 to August 3 at 20:00, climbing from $0.189 to $0.200 before slipping slightly to close at $0.198. The rally was driven by consistent accumulation and large holder activity, with key breakouts at $0.194, $0.196, and $0.198. However, the token failed to maintain momentum above the $0.20 resistance and reversed during the final hour of trading, indicating a short-term top and setting the stage for a potential consolidation phase.What to KnowDOGE advanced from $0.189 to $0.200, a 6.17% intraday swingClosed the session at $0.198, up 4.66%Major breakout zones: $0.194, $0.196, $0.198Strong volume spikes during upward moves exceeded 233 million daily averageLate-session pullback from $0.200 to $0.198 with declining momentumNews...

XRP surged 6% during the 24-hour trading window from August 3 at 03:00 to August 4 at 02:00, rising from $2.83 to a high of $3.03 before closing at $3.00. The rally was driven by strong breakout momentum and institutional flows, with trading volumes exceeding 110 million during peak hours. However, the move was capped by heavy selling at the $3.03 level, where profit-taking sparked a reversal that erased part of the gains.What to KnowXRP climbed from $2.83 to $3.03, before settling at $3.00Trading volumes peaked at 109–110 million versus a 24-hour average of 52.2 millionResistance was confirmed at $3.00–$3.03 following institutional sellingKey intraday breakouts occurred at $2.87, $2.92, and $2.97News BackgroundThe move comes amid a broader altcoin rally, as...