Cryptocurrency exchange Garantex Europe, which was sanctioned on Thursday, could already have a contingency plan allowing it to skirt the impact of US sanctions, says blockchain intelligence firm TRM Labs
On Thursday, the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Garantex a

A new all-time high for Ether could still be weeks or months away, despite it currently sitting only a few hundred dollars off a new record price, analysts warn
“With ETH near its previous ATHs, we may consolidate for a bit, given the very large run-up in such a short time frame,” Nansen analyst

Blockchain
Wallet
Scams
Add reaction

David Bailey’s Bitcoin firm, Nakamoto, has completed its merger with healthcare company KindlyMD, forming a publicly-traded Bitcoin treasury vehicle with a plan to accumulate 1 million Bitcoin.
The merged entity will retain the KindlyMD name and continue trading on the Nasdaq under the ticker

Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar.
March still has the highest month for Web3 gaming funding this year at $69 million, but

American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month.
The mining company purchased a

Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services, aiming to capitalize on a market bolstered by Trump-era regulatory approvals and pro-industry legislation.
Biswarup Chatterjee, a Citigroup executive, told Reuters that the bank’s initial focus

Key takeaways:
BTC futures premium remains neutral, indicating traders were unfazed by the recent $6,630 price drop.
The Bitcoin options skew and macroeconomic concerns suggest limited appetite for a breakout above $120,000.
Bitcoin (BTC) faced a sharp rejection after reaching a $124,089

The US Treasury’s Office of Foreign Assets Control (OFAC) has redesignated cryptocurrency exchange Garantex Europe to its list of sanctioned entities.
In a Thursday notice, OFAC said it had redesignated Garantex as well as sanctioned its “successor,” Grinex, three Garantex executives and six

Bitcoin
Cryptocurrencies
Federal Reserve
Bitcoin Price
Markets
Cryptocurrency Exchange
Inflation
Interest Rate
Bitcoin Futures
Price Analysis
Market Analysis
Add reaction

TeraWulf has become the latest cryptocurrency miner to pivot into AI infrastructure hosting, reaching a long-term agreement with Fluidstack that’s backstopped by Alphabet’s Google — in a move expected to significantly increase the company’s revenue run rate.
During its shareholder call on