Crypto News

Healthcare company KindlyMD said Tuesday that it spent $679 million buying Bitcoin, and its stock is down over 13% since.Source link

On Aug. 19, 2025, KindlyMD, Inc. revealed it acquired 5,743.91 bitcoin ( BTC) for approximately $679 million through its subsidiary, Nakamoto Holdings, Inc. This significant purchase, executed at a weighted average price of $118,204.88 per BTC, marks the company’s first acquisition of the leading cryptocurrency since completing a recent merger. KindlyMD’s Nakamoto Holdings Allocates $679MSource link

JACKSON HOLE, Wyo. — U.S. Senator Tim Scott, the chairman of the Senate Banking Committee, anticipates up to 18 Democrats may vote in favor of the Senate's answer to the Digital Asset Market Clarity Act.“I believe that we’ll have between 12 and 18 Democrats at least open to voting for market structure,” Scott said on stage at the SALT conference in Jackson Hole, Wyoming on Tuesday.“The forces against it, let me just say clearly, like Sen. Elizabeth Warren, standing in the way of Democrats wanting to participate, it is a real force to overcome,” he said.While Congress passed — and U.S. President Donald Trump signed — the GENIUS Act, which covers stablecoins, it's the market structure legislation that the industry...

HBAR saw sharp selling pressure during the latest session, slipping from $0.241 to $0.238 between 13:25 and 14:24 on August 19. An early spike to $0.243 was quickly reversed as heavy selling drove the token through key support levels. A 5.38 million volume surge at 13:32 confirmed the breakdown, before trading activity dried up in the final minutes and HBAR closed near session lows.Across the 24-hour period from August 18 at 15:00 to August 19 at 14:00, the token declined 2.46%, falling from $0.244 to $0.238. Trading was volatile, with HBAR ranging between $0.249 and $0.237 on volume exceeding 87 million.Broader market conditions added pressure, as the U.S. Producer Price Index rose to 3.3%, above Federal Reserve forecasts, fueling inflation...

South Korea's pause on crypto lending after a major liquidation event highlights a global trend of rising market leverage.Source link