Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Solana treasury earns $2.5M in staking rewards but had to sell equity to raise $12M in cash for operations

Solana Company, a Nasdaq-listed SOL treasury under the ticker HSDT, recognized $2.512 million of staking revenue in the second quarter. But the rewards were automatically restaked while the business used an estimated $11.892 million of cash in operations, so staking did not itself supply the cash needed to run the company.The filed results also show a $25.389 million realized loss on digital assets, $11.116 million of general and administrative expenses and a $30.256 million net loss. The realiz

Why a weekend break below $62,500 could unleash a Bitcoin selling wave toward $58,500

Bitcoin trades near $62,900 heading into the weekend, having touched an intraday low of $62,538 on Aug. 14. That low effectively tested the $62,500 to $62,560 zone that has held as the floor of a five-week trading range between roughly $62,000 and $66,000.Bitfinex found Bitcoin tested the $65,000 to $65,500 region six times between Aug. 5 and Aug. 10 without producing a single daily close above $65,000. Bitcoin sits about 0.5% above its floor and needs roughly 3.3% to reclaim its ceiling.LevelDi

Demand for chips remains strong, raising questions on Taiwan Semiconductor valuation

<p>TSMC's growth amid strong chip demand raises valuation concerns, highlighting potential market volatility and geopolitical influences on tech supply chains.</p><p>The post <a href="https://cryptobriefing.com/tsmc-chip-demand-valuation-questions/">Demand for chips remains strong, raising questions on Taiwan Semiconductor valuation</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Benfica submits €20M offer for Taylor Harwood-Bellis, rejected by Southampton so far

<p>Southampton's rejection of Benfica's offer highlights the club's strategic valuation of Harwood-Bellis, impacting future transfer negotiations.</p><p>The post <a href="https://cryptobriefing.com/benfica-harwood-bellis-southampton-transfer-bid/">Benfica submits €20M offer for Taylor Harwood-Bellis, rejected by Southampton so far</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Iran halts negotiations, threatens to strike Israel after Dahiyeh attacks

<p>The escalation heightens regional instability, impacting global energy markets and complicating international diplomatic efforts.</p><p>The post <a href="https://cryptobriefing.com/iran-halts-negotiations-threatens-israel/">Iran halts negotiations, threatens to strike Israel after Dahiyeh attacks</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Real Madrid sees sixth consecutive summer captain departure as Carvajal exits after 23 seasons

<p>Real Madrid's recurring captain departures highlight a significant leadership transition, challenging the club's stability and future identity.</p><p>The post <a href="https://cryptobriefing.com/real-madrid-sixth-consecutive-captain-departure-carvajal/">Real Madrid sees sixth consecutive summer captain departure as Carvajal exits after 23 seasons</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Weekly Recap: Crypto Revenue Falls Across Major Platforms; eToro Bets $231M on TradeZero

Another busy week across financial markets saw cryptoweakness weigh on trading revenues, while broker earnings, regulation andexpansion plans remained in focus.Trading activity softened in parts of the CFD market, whilefirms continued to invest in equities, technology and new markets. AI adoptionalso accelerated across trading infrastructure, alongside regulatorydevelopments in crypto and CFDs.Crypto Revenue Falls Across Major Trading PlatformseToro,Robinhood and Coinbase all reported lower cryp

UK Ministry of Defence tightens supply chain rules after naval drones pinged China

<p>The incident underscores the critical need for stringent supply chain scrutiny to safeguard national security against foreign tech vulnerabilities.</p><p>The post <a href="https://cryptobriefing.com/uk-mod-supply-chain-drone-signals-china/">UK Ministry of Defence tightens supply chain rules after naval drones pinged China</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Vessel hit by unidentified projectile in Strait of Hormuz: UKMTO

<p>The incident exacerbates regional tensions, undermining maritime security and economic stability, with potential global trade repercussions.</p><p>The post <a href="https://cryptobriefing.com/vessel-hit-by-unidentified-projectile-in-strait-of-hormuz-ukmto/">Vessel hit by unidentified projectile in Strait of Hormuz: UKMTO</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Vessel struck by projectile in high-tension zone, crew unharmed: UKMTO

<p>The incident underscores escalating maritime security risks, impacting global trade routes and oil supply stability, with market apprehension rising.</p><p>The post <a href="https://cryptobriefing.com/vessel-struck-by-projectile-in-high-tension-zone-crew-unharmed-ukmto/">Vessel struck by projectile in high-tension zone, crew unharmed: UKMTO</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Bitcoin erased $118 million from Abu Dhabi’s ETF holdings, but its sovereign funds kept every share

Two Abu Dhabi sovereign investors kept their BlackRock Bitcoin ETF holdings unchanged through the second quarter, retaining $764 million of exposure even as the cryptocurrency remained mired in one of its steepest annual declines.Mubadala Investment Company and the Abu Dhabi Investment Council held a combined 22.94 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) as of June 30, regulatory filings show.Neither reduced its share count during the quarter.The decision meant the funds a

Mecca pact strengthens regional security among Saudi Arabia, Pakistan, Turkey

<p>The Mecca pact's focus on collective defense may reshape regional alliances, potentially stabilizing the Gulf amid ongoing tensions.</p><p>The post <a href="https://cryptobriefing.com/mecca-pact-strengthens-regional-security-among-saudi-arabia-pakistan-turkey/">Mecca pact strengthens regional security among Saudi Arabia, Pakistan, Turkey</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Berkshire Hathaway boosts Alphabet stake by 83% to $38B

<p>Berkshire's increased stake in Alphabet highlights confidence in AI's growth potential, signaling a strategic shift towards tech investments.</p><p>The post <a href="https://cryptobriefing.com/berkshire-hathaway-alphabet-stake-38-billion/">Berkshire Hathaway boosts Alphabet stake by 83% to $38B</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Ireland Rolls Out Anti-Money Laundering Strategy Targeting Crypto

Ireland has launched its first national anti-money laundering strategy, targeting crypto assets, corporate transparency, and inter-agency intelligence to combat financial crime and align with global and EU regulations. Alignment with Risk Assessment and Strategic Goals Ireland unveiled its first national anti-money laundering strategy Aug. 13, introducing new rules for crypto-assets and cryptocurrency transfers to prevent [&#8230;]

Anthropic IPO valuation hinges on $190-200B 2028 revenue forecast

<p>Anthropic's IPO valuation underscores a market trend prioritizing future growth potential over current financial metrics, impacting investor strategies.</p><p>The post <a href="https://cryptobriefing.com/anthropic-ipo-valuation-hinges-on-190-200b-2028-revenue-forecast/">Anthropic IPO valuation hinges on $190-200B 2028 revenue forecast</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Machi Big Brother sells 3 Bored Apes to cut his Ethereum long in 52%, but liquidation moved to just $22 away

Three Bored Ape sales at steep losses accompanied a month-long contraction in the leveraged Ethereum account that Lookonchain publicly tracks as Machi Big Brother's. By Aug. 14, official venue data showed the ETH long had been cut by more than half, yet the market remained close to the account's liquidation line.At 3:51:43 p.m. UTC, Hyperliquid's public Info API showed the address holding a 2,500 ETH long with a displayed 25x leverage setting and a liquidation price of $1,859.15, and 14 seconds

Full Refunds: 35 Arizona Crypto ATM Fraud Victims Recover All Losses

Thirty-five Arizona crypto ATM fraud victims received $171,332 in refunds under a law limiting mandatory refunds to customers who had been with an operator for fewer than 10 days. How 35 Victims Obtained Full Refunds Full reimbursement reached 35 scam victims, Arizona Attorney General Kris Mayes announced Aug. 12 through an office release. The office [&#8230;]

Grayscale Sees 3 Forces Driving Bitcoin Adoption Higher Long Term

Grayscale expects bitcoin adoption to keep expanding even after the latest bear market, pointing to government deficits, wider blockchain use, and changing portfolio preferences. Those forces could deepen bitcoin’s integration with traditional finance over time. Grayscale Says Bitcoin Adoption Can Outlast the Bear Market Bitcoin adoption can continue rising even if short-term prices remain unsettled, [&#8230;]

CyberWallet users have until Aug. 15 before crypto withdrawals become a smart contract recovery job

Crypto company Cyber is telling CyberWallet and Cyber Passkey Wallet users to move their assets ahead of an Aug. 15 shutdown that will take both interfaces offline. Users who still hold balances after the cutoff would be left with a technical recovery process that Cyber says it will not support.Cyber's official shutdown notice says tokens will remain on-chain after the interfaces close, so the immediate risk is that the supported route for accessing and moving them will be removed.Related Readin