Crypto News
French Chipmaker Sequans Plans $200 Million Share Sale to Build Bitcoin Treasury
Sequans has filed for an ATM equity program, aiming to raise $200 million to expand its Bitcoin reserves under a long-term treasury plan.Source link
XRP Slides 3% Even as Gemini-Ripple Credit Card Adds Utility Narrative
XRP faced steep swings in the August 25–26 trading window, sliding from $3.01 to $2.91 for a 3.2% loss. A burst of institutional liquidation during the 19:00–20:00 GMT hour drove the sharpest drop, with volumes tripling daily averages. Recovery attempts late in the session brought the token back above $2.90, but the market remains split on whether upside momentum can sustain.News BackgroundXRP has traded with elevated volatility through August, with repeated failures above $3.00.Whale wallets and institutional flows have driven short-term swings, adding pressure on retail positioning.Broader crypto benchmarks posted steadier gains, leaving XRP trailing peers amid regulatory overhang in the U.S.Crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, told CoinDesk it has teamed up with Ripple to launch...
Brothers Seek to Block Google Search History in $25M Crypto Heist Case
The defendants' say searches for "top crypto lawyers" and "wire fraud statute" are protected by attorney-client privilege.Source link
Polymarket Bettors Doubt Trump Can Topple Jerome Powell or Lisa Cook This Year
Prediction markets are signaling skepticism that Donald Trump will be able to bend the Federal Reserve to his will this year, even as the U.S. President moves to fire a Fed Governor for what he believes is just cause.On Polymarket, bettors put the chance of Jerome Powell being forced out as Fed Chair in 2025 at just 10%, suggesting investors don’t believe Trump can override the central bank’s independence before Powell’s term expires in May 2026.Trump’s push to fire Fed Governor Lisa Cook tells a different story. He wants her removed over allegations of mortgage fraud, per a letter posted on Truth Social, making her the first sitting governor ever targeted by a presidential dismissal.Cook, however, has refused to step...
ETHzilla Authorizes Stock Repurchase as Treasury Hits 102,000 ETH
ETHzilla has approved a $250 million stock repurchase program while disclosing $489 million worth of ETH holdings. The company plans to stake its ETH through a proprietary yield protocol, highlighting its dual strategy of shareholder returns and blockchain-driven growth. $250 Million Buyback Launched by ETHzilla as ETH Holdings Near $500 Million ETHzilla Corporation (Nasdaq: ETHZ)Source link