Massive stablecoin deposits highlight shifting capital flows on Binance, even as Bitcoin whipsawed below $110,000 amid whale-driven selling and heavy liquidations.
Sam Bourgi
Sam Bourgi is a senior news writer and editor at Cointelegraph, where he covers Bitcoin and the broader digital asset economy. With a background in economics and public policy, he analyzes the intersection of cryptocurrency and traditional finance. He authors the Crypto Biz newsletter, which explores blockchain business and venture capital. Sam has spoken at major tech conferences, including Web Summit, Collision, Blockchain Futurist and Proof of Work. Before joining Cointelegraph, he worked at think tanks, boutique research firms, and other crypto media outlets. He studied economics and public policy and holds a Master’s degree from McMaster University. Sam holds Bitcoin and USDC above Cointelegraph’s disclosure threshold of $1,000.
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Binance stablecoin inflows top $1.6B, signaling traders positioning for rebound - News
JPMorgan backs hedge fund Numerai with $500M, fueling crypto-AI convergence Numerai, the Paul Tudor Jones–backed hedge fund powered by crowdsourced AI models, has secured a $500 million commitment from JPMorgan.
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Japan wrote the first stablecoin rulebook — so why is the US pulling ahead? “Japan prizes systemic stability above innovation speed, while the US is signaling a bigger market-opening play,” said Startale Group’s Takashi Tezuka.
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Global regulators, exchanges push back on tokenized stocks in SEC letter: Report ESMA and the World Federation of Exchanges urge the SEC to tighten oversight of tokenized equities, warning of investor risks as Wall Street giants eye the growing market.
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After $400M splurge, ETH treasurer eyes stock buyback amid leverage concerns ETHZilla’s $250 million buyback highlights how companies are tapping crypto gains for liquidity — but analysts warn that leverage risks could turn treasuries into ticking time bombs.
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Crypto Biz: Bitcoin miners face tariff hit, blockchain courts Wall Street Tariffs slam US Bitcoin miners with nine-figure bills, Polkadot courts Wall Street, SharpLink loads up on ETH and Beijing hints at a yuan-backed stablecoin pivot.
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‘US tariffs on mining rigs are rising sharply’ as CleanSpark, IREN report massive liabilities US Bitcoin miners face mounting costs and regulatory pressure as the trade war reshapes the industry.
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40% of UK crypto users report blocked payments amid rise in ‘anti-consumer’ practices Nearly half of UK crypto investors face blocked or delayed payments from their banks, raising concerns that Britain is falling behind global rivals in digital assets.
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Two Prime, Figment team up to bring Bitcoin yield to institutions SEC-registered adviser Two Prime is partnering with Figment to give institutional investors access to yield on Bitcoin and other crypto protocols.
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Polkadot launches capital markets division to court Wall Street Polkadot has launched Polkadot Capital Group to connect traditional finance with its blockchain ecosystem, focusing on tokenization and DeFi.
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Crypto Biz: IPO fever, Ether wars and stablecoin showdowns Bullish’s blockbuster IPO headlines a week of big crypto moves — from Pantera’s $300 million treasury bet to BitMine’s $24.5 billion Ether grab.
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Hive Digital reports record Q1 revenue, driven by Bitcoin and HPC Hive Digital’s fiscal Q1 2026 revenue jumped 44.9% in its mining segment and nearly 60% in its HPC unit.
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Citigroup weighs crypto custody as ETFs, stablecoins gain momentum Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets.
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TeraWulf secures $3.7B AI hosting deal backed by Google, shares soar The Bitcoin miner’s pivot into AI infrastructure hosting includes a decade-long colocation agreement with Fluidstack, backed by Alphabet’s Google.
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Jack Dorsey’s Block targets 10-year lifecycle for Bitcoin mining rigs Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.
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Bullish stock surges 218% in NYSE debut as crypto enters Wall Street limelight From a $37 IPO to $118 intraday, Bullish’s NYSE debut highlights Wall Street’s growing appetite for regulated crypto businesses.
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Pantera’s bear market Bitcoin call nails 2025 price, silencing cycle skeptics Pantera’s Dan Morehead nailed his prediction for Bitcoin’s Aug. 11, 2025 price, made in November 2022 as BTC was nearing its bottom.
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GENIUS Act yield ban may push trillions into tokenized assets — ex-bank exec The US GENIUS Act may boost stablecoin adoption, but its ban on yield-bearing stablecoins could drive trillions into tokenized real-world assets.
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CoinDesk owner Bullish ups IPO goal to $1B as Wall Street backs crypto push Bullish hikes IPO target to nearly $1B, with JPMorgan, Jefferies and Citigroup leading the deal as Wall Street bets big on crypto market momentum.
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Crypto Biz: Has SEC’s Project Crypto been priced in? A bullish regulatory tailwind is forming as the SEC clarifies its stance on crypto, liquid staking and tokenization — with institutional investors and IPOs responding in kind.
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VC Roundup: Bitcoin DeFi surges, but tokenization and stablecoins gain steam Bitcoin’s resurgence as an institutional asset is reshaping crypto venture capital, but July also spotlighted tokenization, stablecoin infrastructure and settlement startups.
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Animoca launches NUVA marketplace to unify ‘fragmented’ RWA sector Built with Provenance Blockchain, NUVA offers institutional-grade tokenized assets like stablecoin securities and HELOCs.
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Bakkt to buy 30% of Japan’s Marusho Hotta, rebrand it bitcoin.jp Bakkt is acquiring a 30% stake in Japanese yarn maker Marusho Hotta as part of its pivot to crypto treasury services, with plans to rebrand the firm as bitcoin.jp.
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Coinbase launches embedded wallets tool as self-custody, DeFi gain momentum The developer tool offers customizable wallets, USDC rewards and deeper integration with Coinbase’s Base app, aligning with recent pro-crypto legislation.
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Michigan pension fund deepens Bitcoin exposure with $11M stake in ARK ETF The State of Michigan Retirement System has nearly tripled its Bitcoin ETF holdings, signaling rising institutional confidence in digital assets.
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US SEC says certain liquid staking activities fall outside of securities laws In a new staff statement, the SEC clarifies that certain crypto liquid staking practices do not constitute securities offerings, marking a step toward clearer digital asset regulation.
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Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July.
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GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam The GENIUS Act’s ban on yield could dampen the appeal of digital dollars, particularly as tokenization efforts in traditional finance gain momentum.
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Coinbase turns lobbying efforts to UK in scathing op-ed Former UK Chancellor and current Coinbase adviser George Osborne says the UK is falling behind in the cryptocurrency market, particularly when it comes to stablecoins.
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CoinDesk owner Bullish eyes $4.2B valuation in IPO backed by BlackRock, ARK The digital exchange operator and media company is eyeing an initial public offering of between $28 and $31 per share, regulatory filings show.