News

• Arthur Hayes, former BitMEX CEO, predicts Bitcoin could slump below $100,000 after a weak U.S. NFP report, despite his long-term bullish view. Hayes’predictioncomes as Bitcoin hovers in a turbulent range after a sharp June and July rally.

  August 2, 2025

• The number of tradable crypto tokens has gone parabolic since 2022, with CoinMarketCap now tracking roughly 18.9 million digital assets. The surge isn’t evenly distributed, as three high-throughput networks are responsible for about 90% of the new supply:Solana, Base, and BNB.

  August 1, 2025

• HIVE Digital co-founder Frank Holmes tied recent hash rate fluctuations to sanctioned nations mining Bitcoin as a workaround to sanctions. Holmes said this is not limited to Iran, implying other countries facing US sanctions are also participating in similar operations. He further claimed that Bitcoin has become a strategic asset, especially for nations struggling to access dollars.

  August 1, 2025

• The tour is meant to give founders and developers, especially teams with 10 or fewer employees and less than two years old, face time with the Commission. The roadshow builds on the SEC’s spring engagement with industry players, which started on Washington.

  August 1, 2025

• Czech Ministry of Justice has been heavily criticized after an independent audit revealed it accepted a Bitcoin donation from a convicted criminal. The ministry later sold thedonated Bitcoin for 956.8 million CZK, roughly $45 million. The scandal sparked widespread backlash in June, culminating in a failed no-confidence vote against the government.

  August 1, 2025

• Coinbase’s second-quarter earnings reportfor 2025 revealed a surprising shake-up in trading revenue distribution. XRP contributed more revenue to the exchange than Ethereum, despite its long absence from the platform. Bitcoin remained the largest contributor, with 34% of Q2 revenue and 29% across the six-month period.

  August 1, 2025

• Michael Saylor, Executive Chairman ofStrategy (formerly MicroStrategy), has dismissed concerns that the firm holds too muchBitcoin. Saylor argued that owning 3% to 7% of the total Bitcoin supply is not excessive. He called it a balanced position that allows other institutions and individuals to participate.

  August 1, 2025

• Vitalik Buterin has proposed a new approach to improve the network’s speed and scalability by rethinking how block finality is structured. He believes separating the fork choice and finality process could simplify the protocol and enable faster block confirmations. Under his plan, he proposes assigning a small, fixednumber of validators, roughly 256, to run the forks.

  August 1, 2025

• El Salvador’s legislature has approved major constitutional reforms that will significantly reshape the country’s political structure and electoral timelines. The new bill enables indefinite presidential re-election, extends the length of presidential terms from five to six years, and removes the need for second-round runoffs in elections.

  August 1, 2025

• Bitcoin Retreats as Trade Tensions and Weak Jobs Data Shake Investor Confidence

  August 1, 2025