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Crypto markets may be peaking as social media chatter around potential Federal Reserve rate cuts hits an 11-month high, Santiment said. Keywords like “Fed,” “rate,” and “cut” have dominated discussions, reflecting unusually high investor optimism, said Santiment, which tracks crypto market sentiment. “Historically, a massive spike in discussion around a single bullish narrative can indicate that euphoria is too high and may signal a market top,” it said in i ts “This Week in Crypto” report. “ETH is just inches away from its historic peak, but on-chain data shows its valuation is entering a “danger zone,” signaling potential for a pullback. Despite price stability, the amount of Bitcoin held on exchanges is rising, a trend that has historically preceded selling pressure.” Powell Hints At Possible Rate Cuts Santiment’s report comes after Fed Chair Jerome Powell said during a speech at Jackso...

Trish Turner, the head of the IRS crypto unit, is resigning from her post, according to a Friday statement. “Digital assets have shifted from a niche issue to a core focus for global regulators, and I am proud to have helped lay the foundation for oversight in this fast-changing space,” Turner said in a statement. “Now, I’m excited to be moving to the other side of the table to help taxpayers, businesses, and institutions understand their obligations and navigate those same rules with confidence.” Turner is leaving to serve as tax director at CryptoTaxGirl, a firm specializing in crypto-related tax guidance. She will also collaborate with the UK-based firm Asset Reality. Laura Walter, CryptoTaxGirl’s founder, says in a statement that Turner’s arrival will help “ensure our clients receive the highest level of guidance, protection, and confidence in their filings.” Turner is the latest in a series of top IRS officials leaving the statutory body amid gro...

Meta’s Google cloud AI deal worth over $10 billion has actually been signed between Meta and Google right now, and this is marking a pretty significant shift in how cloud computing partnerships are working these days. This Meta Google Cloud partnership spans six years and also represents Google’s second major cloud agreement recently, along with its deal with OpenAI that happened earlier. The Meta AI infrastructure deal will provide Meta with essential Google Cloud AI services to power its artificial intelligence ambitions, which are getting bigger by the day. ️ NEW: Meta signs a $10B deal with Google for its cloud computing services to boost AI computing power, per Bloomberg. pic.twitter.com/V3Viy57e3A — Cointelegraph (@Cointelegraph) August 22, 2025 Meta’s $10B Google Cloud Deal: Transforming AI Infrastructure Source: Virtual Reality The Meta Google cloud agreement is coming at a time when tech giants are really competing hard for AI infrastructure supremacy right no...

U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) saw another wave of withdrawals yesterday, August 20, the fourth consecutive day of consistent net outflows. Bitcoin ETFs shed $311.57 million during the session, with BlackRock (IBIT) leading the sell-off with $220 million, according to data from SoSoValue on August 21. Ark (ARKB) had the same idea, dropping $76 million, while Fidelity (FBTC) and Grayscale (GBTC) posted smaller outflows of $7 million and $8 million, respectively. Ethereum ETFs also recorded substantial redemptions, with $240 million withdrawn on the day and BlackRock (ETHA) again taking the brunt of it, seeing $257 million in withdrawals.  Trading volumes still high Despite the net losses, trading volumes remained fairly high, suggesting investors are more likely to be repositioning rather than exiting the market altogether. Shifting strategies could be the result of both Bitcoin and Ethereum struggling to hold key...

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Ethereum is currently surging at a rapid pace. The token is attracting massive momentum as of late, especially after the passing of the highly anticipated Genius Act. The token is currently sitting at $4161, aiming for the higher price hauls. ETH is currently being favored from all corners of the market, as institutional elements keep pushing ETH to pursue new highs. Here’s when Ethereum may end up scaling to $7000, delivering major profits in the process. Also Read: Don’t Ignore ETH: Analysts See Ethereum Surging To $8K To $15K Soon Ethereum: Institutional Surge and Demand Source: Watcher.Guru Ethereum is undoubtedly one of the most promising cryptocurrency tokens to exist in the space. ETH has lately been a center of institutional demand and activity, helping it soar to new highs. The token is primarily being dubbed as the center of stablecoin development and infrastructure, which is adding more weight to ETH’s overall market momentum. “The stablecoin boom is mostly on Eth...

Russian Solana devs are being targeted by “infostealer” malware, possibly deployed by US state-sponsored actors, according to research by software supply chain security firm, Safety.  The findings, published by Safety’s Head of Research Paul McCarty, led to speculation from security news outlet The Register, that it could point to an attempt from the US to disrupt Kremlin-linked ransomware gangs. According to McCarthy’s research, a threat actor using a cryptocurrency-focused “infostealer” dubbed “Solana-scan” has been targeting Solana community members with Russian IPs. The malicious packages, “solana-pump-test” and “solana-spl-sdk,” were uploaded to the JavaScript registry NPM by someone with the username “cryptohan.” They pretend to scan “for Solana SDK components” while stealing data on crypto credentials and owned tokens.  “Cryptohan” is a popular moniker in the crypto community and was presumably chosen to give the malware...

On July 31, MicroStrategy (MSTR) published explicit forward guidance, “We will not issue MSTR below 2.5x mNAV except to pay interest and dividends.” Fast forward to this morning, and founder Michael Saylor has modified that guidance entirely, allowing dilution of MicroStrategy shareholders “when otherwise deemed advantageous to the company.” That remarkable about-face leaned heavily on the boilerplate disclaimer in its Q2 earnings that states, “Actual results may differ materially from these forward-looking statements.” MicroStrategy is the world’s largest bitcoin treasury company, holding $73 billion worth of BTC. Unlike most companies, investors primarily value its common stock not on a traditional earnings multiple but, instead, on a multiple to Net Asset Value or ‘mNAV.’ Over time, the company has sold various forms of debt and dividend-yielding preferred shares to raise cash to buy bitcoin. These non-dilutive sales accrete bitcoin holdings for MSTR shareholders and ra...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...