Kwon faces serious charges related to the 2022 collapse of Terraform's blockchain ecosystem. He has been detained in the U.S. since December 2024, and his trial preparations are ongoing after months of negotiations with prosecutors.

Ethereum's recent breakout from a four-year consolidation phase signals potential for a significant rally, driven by historical patterns, tightening supply, and growing institutional interest, with speculative price targets reaching up to $51,000.

On August 9th, the world's first RWA base for the new cultural tourism industry was officially launched in Hangzhou, exploring the integration of RWA technology and digital cultural tourism. The conference released the ecological plan for the base, covering both traditional and emerging cultural tourism formats, aiming to build a trillion-level market and introduce international resources. This base marks China's leading position in the digital transformation of cultural tourism assets.

Online gaming marketer Sharplink Gaming (NASDAQ: SBET) announced a direct issuance of additional shares to 5 global investors through sign up, raising $400 million (at $21.76 per share), aiming to increase its total value of Ether (ETH) holdings to over $3 billion, targeting to hold about 1% of the ETH Circulating Supply. The news triggered a surge in its stock price to $28.26 during intraday trading. Currently, Sharplink holds 598,800 ETH (worth $2.5 billion), and if adding another $200 million through the listing process, it will hit the 1% supply target. The listed company's ETH treasury holdings have skyrocketed, with BitMine(1.2 million), Bit Digital(1.2 million), and EtherMachine(345,000) forming the first tier. Standard Chartered analysts predict that the listed company will eventually control 10% of the ETH Circulating Supply.

🟠 A $1,000 Bitcoin investment in 2010 would be worth $2 BILLION today.
BTC Bitcoin $BTC

Bitcoin has eased from its attempt to reclaim its all-time high, leading to some “buying the dip” opportunities in the altcoin sector. This has resulted in the emergence of several altcoins that have entered the top-gainers chart.
By trading in the green despite the market showing a pullback,

Fosun International applies for a stablecoin license in Hong Kong, with Guo Guangchang personally leading the team to communicate with regulatory officials, demonstrating its importance to the project. Fosun Wealth has already ventured into the Web3 business and plans to launch tokenization products to promote the development of the virtual asset ecosystem.

The cryptocurrency market is experiencing a slight retreat, but Pump.fun (PUMP) is on the rise, forming a Cup and Handle pattern. A close above $0.0040 could signal further gains, while volume and resistance levels will impact its next move.

CNBC host Jim Cramer pointed out that the large fiscal deficit makes young people inclined to invest in Bitcoin (BTC) and Ethereum (ETH), which are seen as better safe havens. Cramer firmly supports this view, believing it is an effective choice to address the fiscal crisis.

President Trump extended the tariff suspension on Chinese goods for 90 days, boosting Bitcoin prices, which surged to near its all-time high. Analysts speculate on potential market movements influenced by economic data and upcoming Federal Reserve decisions.

Bouncebit connects the security of Bitcoin with DeFi profit opportunities through a Bitcoin Restaking Ecosystem, allowing users to earn rewards without compromising Bitcoin's core value. It aims to bridge traditional Bitcoin use with innovative DeFi applications.

Kaspa and Cardano are two strong crypto projects. Here’s a simple breakdown of which could realistically hit $5 first based on price, tech, and adoption.
For coins like Cardano and Kaspa, reaching $5 is a big goal that can change how people view the project. It can draw more traders, bring in

The price of Bitcoin is expected to break $122,000 in 2025, with market sentiment soaring. The flow of institutional funds has caused fluctuations in high-leverage positions, and Tom Lee predicts it could reach $250,000 by the end of the year. At the same time, Layer 2 project Bitcoin Hyper is attracting investors' follow, indicating the potential of Bitcoin's Programmability ecosystem.

Toncoin (TON) has recently consolidated below the 200-day EMA, but with Coinbase Ventures announcing their investment, the market's long positions sentiment has clearly intensified. Although the short-term price has only slightly rebounded by about 1%, both the technical and funding aspects indicate that TON may be brewing a 20% breakout.