Crypto News

SharpLink Buys $48M in Ethereum, Lifts Stock Higher in Overnight Trade

The Nasdaq-listed gaming firm turned strategic reserve, has made consecutive eight-figure buys of Ethereum.Source link

Bitcoin Hits New All-Time High Above $120K as U.S. Inflation Data Looms

Bitcoin (BTC) rose past $120,000 for the first time on record, taking the year-to-date gain to 28%.BTC is currently trading above $121,000 as of midday Hong Kong time, according to CoinDesk market data. The move follows President Donald Trump's decision to impose a 30% tariff on the EU and Mexico, starting Aug. 1, and marks a bullish resolution to roughly 48 hours of choppy price action that allowed overbought signals from short-duration indicators to reset to bullish.The focus now shifts to the U.S. inflation data due this week, which is expected to show the cost of living ticked up in June against the backdrop of Trump's trade war.According to FactSet, economists expect that the consumer price index (CPI) rose 0.25%...

US Economy in a ‘Goldilocks-Like Equilibrium’ as Bitcoin Blasts Past $121K

Bitcoin’s record-breaking rally is being fueled by tariff-driven trade flows, high Treasury payouts, and a broader shift toward risk assets.Source link

India Probes Binance Over Crypto Transfers From Pakistan

India’s financial intelligence unit is probing Binance and private crypto wallets over a suspected spike in cross-border transfers from Pakistan, potentially tied to illicit financing networks. Amid growing security concerns, India’s Financial Intelligence Unit (FIU-IND) is intensifying its investigation into Binance and several cryptocurrency exchanges over allegations of digital assets being funneled through private walletsSource link

Coinbase Denies Attacking Binance as Alleged Media Leak Fuels Industry Tensions

Top crypto exchanges are erupting in a high-stakes clash as media-fueled allegations of political influence and covert attacks ignite intense scrutiny and market speculation. Coinbase and Binance Under Spotlight Amid Explosive Media Allegations Tensions between leading crypto exchanges Coinbase and Binance have escalated as both firms confront public accusations tied to political influence and mediaSource link