Crypto News

Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners. According to a statement, the Department of Financial Monitoring (DFM) for the East Kazakhstan region, along with the NationalSource link

Technical Analysis OverviewDOGE falls 6.88% in the 24-hour period ending August 12, dropping from $0.24 to $0.22 as sellers overwhelm bid-side liquidity. The heaviest pressure hits at 07:00 on August 11, with price sliding from $0.238 to $0.233 on 485.69M volume — 31% above the daily average of 371.45M. This establishes $0.238 as a major resistance level.Buyers step in at $0.226 during the 11:00 session, generating 793.38M in volume. Secondary resistance forms at $0.231 as multiple rally attempts fail. Final-hour trade sees DOGE range-bound between $0.2247-$0.2253 with volume compression, suggesting potential seller exhaustion.News BackgroundThe selloff comes amid broader weakness in digital assets, with regulatory uncertainty and global trade tensions weighing on risk sentiment. Major economies are escalating tariff disputes, pressuring...

The project was reportedly revealed after a job listing on the Blockchain Association's website inadvertently disclosed key details.Source link

Western Union is set to expand its global reach with a $500 million Intermex acquisition, adding Intermex’s Ripple partnership to its arsenal of cross-border payment capabilities. Western Union Accelerates Global Expansion with Intermex Acquisition Western Union (NYSE: WU) and International Money Express Inc. (Intermex) (NASDAQ: IMXI) announced on Aug. 10 that they have entered intoSource link

Defensive positioning is building from crypto traders ahead of a highly anticipated U.S. CPI print as Bitcoin reverses course.Source link