Category:

GameFi Guides

Webull Brings Back Crypto Trading for U.S. Users

by admin August 26, 2025

Webull Corp. is bringing back cryptocurrency trading for customers in the United States after stopping the service in 2023 while attempting to go public. The company said trading is now live for all American customers.

The firm first introduced this service a few years ago but it was removed when rules and regulations around crypto became a problem, according to a report from Bloomberg.

During that time, the company launched Webull Pay as a separate app to handle digital assets, but now everything has been combined back into one place. This means customers can use the main Webull app to manage their accounts and trade crypto, stocks, and options all together.

Webull said the new system will allow trading at any time, day or night. More than 50 different digital assets are included, such as Bitcoin, Ethereum, and Solana.

Anthony Denier, the U.S. Chief Executive Officer and Group President at Webull, said the change was important for customer choice. “When we removed crypto from the platform, it was against what our customers were asking for,” Denier said. He also called the relaunch part of Webull’s “full-throttle” move into digital finance, saying the update helps customers “manage their wealth and manage their growth.”

Denier also pointed out that the rules around crypto in Washington have shifted. Under former President Joe Biden, regulations and reviews were tougher, which made it difficult for companies like Webull. But with President Donald Trump now in office, Denier said there is more support and clearer rules for digital assets.

“Now, with a new administration prioritizing regulatory clarity and adoption of digital assets, the environment has never been more favorable,” he explained.

Stephen Yip, the CEO of Webull Pay, also gave his view on the update. “Cryptocurrencies have become an essential part of today’s diversified investment strategies,” Yip said, adding that the company wants to make the process simple and unified.

The relaunch follows the company’s decision to bring Webull Pay back into the main corporate group, making it a direct part of the company again. The was approved by its board and shareholders and is meant to support more compliant services.

Webull serves more than 24 million people across 14 different markets, and the company said it plans to bring crypto trading to more countries soon after its successful start in Brazil.

Also Read: B Strategy Plans $1B BNB Treasury Firm to Boost Ecosystem Growth

Source link

August 26, 2025 0 comments

GameFi Guides

Bitcoin’s History Suggests Another Record High May Be in 2025

by admin August 26, 2025

The mixed price actions seen across the crypto market in the past few days have raised curiosities as to whether the 2025 bull market has been concluded.

While hopes of Bitcoin achieving a new all-time high appear to be fading, recent data from Glassnode suggests that it is still possible in 2025.

The data shows that Bitcoin is forming a critical cycle that is closely similar to previous bull cycles following its recent market movements.

Bitcoin May cross $124,457 this year

The analyst cited two bullish patterns formed by the world’s leading cryptocurrency by market capitalization in 2017 and 2021. During these periods, Bitcoin moved in similar directions, achieving separate all-time highs in two to three months earlier in the mimicked cycles.

Although it is not common that history repeats itself in crypto market trends, investors often weigh on the crucial time context they provide to help them observe the market closely. This allows investors to make predictions on potential price actions amid uncertainties as to whether the currently formed pattern will also mimic the major price breakouts projected by the former cycles.

This could also help them make decisions on necessary cautions to take to avoid possible losses.

MSTR, COIN, CRCL Hit by Post-Rally Sell-Off

by admin August 26, 2025

Crypto stocks opened the week under pressure as traders took profits following a sharp Friday rally across digital assets and broader financial markets.

MARA Holdings (MARA) and Circle (CRCL) led the losses, falling about 6% in early trading. Bullish (BLSH) was down 5%, while Strategy (MSTR) slipped 3%. Other publicly traded platforms with crypto exposure, including Coinbase (COIN), eToro (ETOR), and Robinhood (HOOD), also traded lower.

The moves mirrored a broader pullback in digital asset prices. Bitcoin BTC$110,020.53 and ether (ETH) were both down significantly from their weekend highs, falling roughly 4% and 5.5%, respectively, over the past 24 hours.

That Friday rally followed dovish comments by Federal Reserve Chair Jerome Powell on Friday morning, which briefly boosted risk appetite across markets. Crypto surged alongside stocks as investors interpreted Powell’s remarks as a signal that the Fed may be lowering interest rates next month.

In traditional markets, the S&P 500, Nasdaq and Dow Jones Industrial Average were little changed on the day, as was the price of gold and the yield on the U.S. 10-year Treasury Note.

“The crypto market is grappling with macro pressures: shifting Fed signals, dollar strength, and risk reduction,” LMAX market strategist Joel Kruger said in a note. “While [Powell] hinted at rate cuts, the nuance and less dovish undertone left markets jittery.”

Nvidia’s upcoming earnings on Wednesday will be a key sentiment check for the broader stock market, with further focus on Thursday’s GDP and jobless claims data and Friday’s core PCE, said Jake Ostrovskis, OTC trader at crypto trading firm Wintermute.

Source link

August 26, 2025 0 comments

GameFi Guides

Trump Family Pushed Into Crypto By Fragile Financial System

by admin August 26, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

US President Donald Trump’s son, Eric Trump, has shared some insight into his shift to the crypto industry, the problems with the traditional financial system, and how it was “weaponized” against the Trump family businesses.

Trump Family Pushed Into Crypto

In a recent interview with The Wall Street Journal, Eric Trump detailed how financial institutions “made him” embrace the crypto industry, explaining that after the January 6, 2021, riot at the US Capitol, several banks cut the Trump family off.

Trump shared that hundreds of accounts for the family’s business were shut down without an explicit reason, leaving the Trump Organization “debanked” and “scattering millions across accounts at regional banks before eventually migrating to a new bank,” which he did not name.

“At that time, I realized how fragile the financial system was and how easily it could be weaponized against you,” he affirmed, arguing that the decisions were likely political, leading him to turn to the crypto industry.

According to the interview, Eric Trump, executive vice president at the Trump Organization, began warming up to the industry during his father’s second presidential campaign, as he became aware of the struggles of crypto companies with banking services.

Previously, he told CNBC that being “the most canceled company, probably on Earth,” is what drove the Trump family towards crypto, explaining that his entry into the industry wasn’t a financial bet but “a form of resistance.”

“This whole system was weaponized against them, no different than it had been weaponized against us for different reasons,” Trump told the Wall Street Journal, noting that both conservatives and crypto firms have alleged that banks have denied them services for political or religious reasons.

The Trump administration has made stopping the crackdown on the sector a top priority. Crypto industry leaders have accused the previous administration of using financial exclusion as a weapon against numerous companies and founders, in what many have named “Operation Chokepoint 2.0.”

In December, the Securities and Exchange Commission (SEC) Commissioner Hester Peirce urged the regulatory agency to “stop the chokepoint aspect of government regulation.” Since then, the Commission dropped its “regulation by enforcement” approach, launched its Crypto Task Force, and recently unveiled the “Project Crypto” initiative to modernize securities rules and regulations.

Earlier this month, President Trump addressed this issue, signing an executive order that requires banks to ensure they do not refuse financial services based on political or religious beliefs and directs regulators to review all institutions for any discriminatory practices.

A Gateway To Financial Freedom

Eric Trump also addresses the conflicts of interest allegations, asserting that there’s a separation between the family’s crypto businesses and President Trump’s official businesses. “I literally have nothing to do with Washington, D.C.,” he affirmed.

It’s worth noting that multiple US lawmakers have argued that the Trump family’s crypto ventures, including World Liberty Financial’s (WLFI) USD1 stablecoin and the official TRUMP memecoin, enable corruption and represent a threat to America’s financial system.

Nonetheless, Trump said in the interview that memecoins serve as a “powerful gateway” for newcomers, arguing that “If somebody wants to go in and they want to buy $TRUMP, congratulations, now you have access to Bitcoin, you have access to Ethereum, you have access to USD1, you have access to the United States dollar.”

You just took the first step in actually creating some financial freedom that I think so many people around the world want.

He closed the interview discussing the benefits of tokenizing real-world assets (RWA). “Why is it that if I wanted to refinance Trump Tower, I couldn’t tokenize this asset and put it on the street for billions of people around the world to otherwise invest in it. They love New York. They love Fifth Avenue. They love Trump,” he concluded.

Ethereum (ETH) trades at $4,558 in the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

August 26, 2025 0 comments

GameFi Guides

SEC Delays WisdomTree XRP ETF Decision to October 2025

by admin August 25, 2025

The U.S. Securities and Exchange Commission has delayed its decision on the WisdomTree XRP exchange-traded fund, and has now moved the deadline to October 24, 2025.

The application was filed by Cboe BZX Exchange, which asked for a rule change that would allow it to list and trade shares of the WisdomTree XRP ETF.

This decision means the SEC has now postponed rulings on all pending spot XRP ETFs except Franklin Templeton’s, according to the filing. Franklin Templeton’s fund faces its third deadline next month, while its final deadline is expected in November. The SEC said it needed more time to carefully review the applications before making a final call.

The first major deadline is October 18, when the Commission must either approve or reject Grayscale’s XRP ETF filing. Other XRP ETF filings have deadlines following quickly after Grayscale’s.

Analyst Predict 95% Chance of Approval

Bloomberg analysts Eric Balchunas and James Seyffart said there is a “95% chance” that the SEC will approve these XRP ETFs this year. Both also explained that the SEC might approve them all together, just as it did with Bitcoin and Ethereum ETFs earlier.

Ahead of these deadlines, all XRP ETF issuers have updated their S-1 filings. Grayscale even submitted a new registration statement for its planned XRP Trust ETF. James Seyffart said these changes were “almost certainly due to feedback from the SEC,” calling it a good sign even though it was widely expected.

Bunch of XRP ETF filings being updated by issuers today. Almost certainly due to feedback from SEC. Good sign, but also mostly expected pic.twitter.com/GiSL1kc6lt
— James Seyffart (@JSeyff) August 22, 2025

The SEC explained that extensions like this are normal in the process of reviewing digital asset funds. The Commission said delays help it properly study market risks, and other issues before making a decision.

The SEC also gave updates on other crypto-related filings. It asked for comments on Canary Capital’s staked TRX ETF and extended its review of Canary’s PENGU ETF, which is tied to meme coins like Dogecoin.

Canary further filed for an “American-made Crypto ETF” to give investors exposure to cryptocurrencies linked to the U.S. by their creation, minting, or operations. XRP fits into this category, so it could be included in the new fund.

Also Read: Global Exchanges Warn Tokenised Stocks Could Threaten Market Trust

Source link

August 25, 2025 0 comments

GameFi Guides

BTC, ETH, DOGE Price News: Declines Pick Up Speed

by admin August 25, 2025

Hopes for a quick reversal from the weekend crypto plunge faltered on Monday with bitcoin BTC$110,210.61 slipping all the way back below $110,000, just barely ahead of its then-euphoric price of $109,400 touched ahead of President Trump’s Jan. 20 inauguration.

The largest crypto’s recovery attempt was quickly rejected at $113,000 during the U.S. session, and it fell precipitously to a seven-week low, CoinDesk price data shows. Recently, BTC traded at $109,700, down 2.7% over the past 24 hours and lower by about 7% since soaring above $117,000 in wake of Fed Chair Jay Powell’s dovish Friday Jackson Hole speech.

While major altcoins held up relatively well during the Sunday crash, they succumbed to the market weakness on Monday. Ethereum’s ether (ETH) plummeted nearly 8% over the past 24 hours below $4,400. Solana’s SOL (SOL), dogecoin DOGE$0.2091, Cardano ADA$0.8401, Chainlink LINK$23.30 also declined 6%-8%.

Today’s price swing liquidated nearly $700 million in leveraged trading positions across all crypto derivatives, surpassing the Sunday flush, CoinGlass data shows. Some $627 million of the liquidated trades were longs anticipating higher prices.

What may further spook traders is weak seasonality as the end of August nears. September has brought historically the weakest returns for BTC and ETH with 3.77% and 6.42% losses on average for the month, respectively, per CoinGlass data.

UPDATE (Aug. 25, 20:28 UTC): Adds liquidation data by CoinGlass.

Source link

August 25, 2025 0 comments

GameFi Guides

Chainlink Teams Up With Japan’s SBI Group: Could This Deal Ignite the Next Tokenization Wave?

by admin August 25, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Chainlink, the leading blockchain oracle network, has announced a unique partnership with Japan’s SBI Group, a financial giant managing over $200 billion in assets.

The collaboration is set to accelerate the adoption of tokenized real-world assets (RWAs), stablecoins, and blockchain-powered cross-border payments in Japan and across the Asia-Pacific region.

SBI, with its deep financial expertise, and Chainlink, known for its interoperability protocols and trusted oracles, aim to build the institutional-grade infrastructure needed to bring traditional finance closer to blockchain.

This comes as demand for tokenized securities grows, an SBI Digital Asset Holdings survey revealed 76% of financial institutions are ready to invest in tokenized assets but are held back by weak infrastructure.

SBI and Chainlink to Power Stablecoins and Cross-Border Payments

The partnership’s first focus will be tokenization of real estate and government bonds, powered by Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This will allow institutions to transfer tokenized assets seamlessly across multiple blockchains while ensuring regulatory compliance.

Chainlink’s SmartData will also enable on-chain publishing of net asset value (NAV) data for tokenized funds. This innovation enhances liquidity, transparency, and efficiency for fund managers.

Stablecoins are another key area of collaboration. By integrating Chainlink’s Proof of Reserve, the partnership ensures that stablecoin reserves can be verified in real time, strengthening transparency and trust in settlement systems.

Additionally, SBI and Chainlink plan to build payment-versus-payment (PvP) settlement solutions for foreign exchange and global transfers, eliminating the need for an intermediary bridge currency.

LINK’s price trends to the downside following a major push upwards on the daily chart. Source: LINKUSD on Tradingview

Institutional Adoption: Chainlink and SBI’s Global Vision

Chainlink co-founder Sergey Nazarov emphasized that SBI’s adoption of Chainlink infrastructure is a strong signal that blockchain is entering a large-scale production phase. He explained that earlier pilots in tokenization and stablecoin settlement are now maturing into real-world financial applications.

SBI CEO Yoshitaka Kitao echoed this view, calling Chainlink a “natural partner” for building secure, compliant systems for cross-border finance.

The partnership builds on prior collaborations, including Project Guardian in Singapore, where SBI, Chainlink, and UBS Asset Management tested automated fund services using smart contracts.

With Japan’s regulatory space warming up to digital assets and stablecoins, this partnership could mark a turning point for institutional adoption in Asia, potentially igniting the next big wave of tokenization worldwide.

Cover image from ChatGPT, LINKUSDC chart from Tradingview

Source link

August 25, 2025 0 comments

GameFi Guides

AI Titans Back $100 Million Super PAC to Boost Industry’s Status in Washington

by admin August 25, 2025

In brief

Top AI firms and tech leaders, including Andreessen Horowitz and OpenAI’s Greg Brockman, unveiled a $100 million fund to back pro-AI candidates.
The fund, which mirrors crypto PAC Fairshake, will target races in California, New York, Illinois, and Ohio this year before moving to federal contests and the 2026 midterms.
Supporters say the effort is needed to secure U.S. leadership in AI and to push back against policies that could slow innovation.

A handful of America’s most powerful AI companies, investors and tech entrepreneurs announced Monday the creation of a $100 million political spending fund aimed to support candidates “aligned with the pro-AI agenda” in state and federal races over the next two years.

Leading the Future shares much DNA with similar political spending operations used by the crypto industry. The AI fund is backed by Andreessen Horowitz, one of the core contributors to Fairshake—-the $300 million pro-crypto PAC that successfully upended the 2024 election. Both Leading the Future and Fairshake are also helmed by the same political strategist, Josh Vlasto.

Other backers of Leading the Future include OpenAI co-founder Greg Brockman, Silicon Valley venture capitalist Ron Conway, Palantir co-founder Joe Lonsdale, and Perplexity.

Leading the Future plans to get involved in primary and general elections at both the state and federal level, and will oppose candidates who do not support a “pro-innovation” agenda ensuring the United States’ global dominance in AI, the group said.

The organization intends to, through a network of super PACs and nonprofits, begin spending this year on state races in California, New York, Illinois, and Ohio—hotbeds of AI development in the United States. It will then expand to federal races ahead of the 2026 midterm elections.

A source familiar with the fund’s operations told Decrypt that the success of pro-crypto political spending groups like Fairshake offered a blueprint for AI leaders to now follow.

AI and crypto, though, while both emergent tech industries with deep pockets, are two different beasts in the policy arena. Going into 2024, crypto was struggling, with a slew of scandals plummeting the industry to an all-time low level in political salience. A historic political spending spree reversed those fortunes entirely, partly by directing ire squarely at easily identifiable enemies like then-SEC chair Gary Gensler and Sen. Elizabeth Warren (D-MA).

AI, on the other hand, does not currently have its own version of a Gensler or Warren to target. The industry is a firmly ascendant cause in the second Trump administration, and no contingent of the Democratic Party has staked out positions in opposition, as once occurred with crypto.

But crypto’s remarkable political spending success story didn’t just influence election outcomes. It also appears to have put substantial pressure on lawmakers to quickly pass legislation favorable to the industry. Amid hyper-partisan tensions in Washington, Congress passed a major crypto bill at breakneck speed, with crucial support from Fairshake-backed candidates.

When asked whether any lawmakers currently in office should be considered “anti-AI”—or if not, what the purpose of Leading the Future then is, a spokesperson for Andreessen Horowitz referred Decrypt to an X post made this morning by Collin McCune, the venture firm’s head of government affairs.

“Policymakers in Washington and our state capitals are weighing thousands of proposals right now that could make it impossible to build,” McCune said. “The only way to counter entrenched interests and outdated thinking is to make sure builders have a voice at the table.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

August 25, 2025 0 comments

GameFi Guides

Arkham reveals UAE’s $700m Bitcoin holdings originating from mining

by admin August 25, 2025

The UAE has emerged as a major government Bitcoin holder, but its path was different. Its $700 million stash flagged by Arkham wasn’t bought or seized; it was mined by a facility built in six months, showcasing an industrial approach to crypto reserves.

Summary

Arkham identified $700M in Bitcoin held by the UAE, mined through Citadel Mining.
The UAE now ranks as the fourth-largest government Bitcoin holder, behind the U.S., China, and the U.K.

On August 25, blockchain intelligence firm Arkham identified a cluster of Bitcoin (BTC) addresses holding approximately $700 million in BTC, attributing them directly to the United Arab Emirates government.

BREAKING: THE UNITED ARAB EMIRATES IS NOW ON ARKHAM

The UAE’s $700M BTC holdings are now labeled on Arkham. These holdings come from Bitcoin mining operations carried out by Citadel, a public mining company majority owned by UAE Royal Group through IHC.

Arkham is the first to… pic.twitter.com/eIGut5pJXN

— Arkham (@arkham) August 25, 2025

The analysis revealed these assets were not acquired on the open market or through seizures, but were instead mined operationally by Citadel, a firm majority-owned by a conglomerate of the Abu Dhabi royal family.

This attribution, a first for a sovereign wealth operation of this kind, was corroborated by matching on-chain mining activity with satellite imagery of a facility constructed on Al Reem Island in 2022, Arkham said.

The scale and strategy of a sovereign Bitcoin miner

According to Arkham’s analysis, the scale of the UAE’s mining endeavor is substantial. Their investigation indicates that the state-backed operation has successfully mined approximately 9,300 Bitcoin since its inception. Of that total output, the entity is still holding at least 6,300 BTC, suggesting a disciplined, long-term holding strategy rather than immediate monetization of the asset.

The mining-based accumulation strategy instantly places the UAE among the most significant government holders of Bitcoin globally. Within Arkham’s own data, the UAE now ranks as the fourth-largest government entity by Bitcoin holdings, ranking behind only the United States, China, and the United Kingdom, and notably ahead of more publicized national holdings like those of El Salvador.

Meanwhile, the broader landscape of government Bitcoin ownership, as tracked by other monitors like BitcoinTreasuries.Net, provides critical context for the UAE’s position. Their data confirms that a total of twelve government entities currently holding a combined 526,353 BTC, valued at over $59 billion.

The vast majority of these holdings are concentrated with a few key players. The United States government leads with 198,021 BTC, followed closely by China with 190,000 BTC, and the United Kingdom with 61,245 BTC. The entry of the UAE into this exclusive club through a uniquely organic method challenges the existing paradigms of how a nation builds a digital asset reserve.

Source link

August 25, 2025 0 comments

GameFi Guides

BitMine Expands Ethereum Treasury to 1.71M ETH Worth $7.9B

by admin August 25, 2025

BitMine Immersion Technologies is rewriting the playbook for corporate crypto strategy after snapping up Ethereum at a record pace. The company, based in the United States, confirmed on August 24 that it now controls 1,713,899 ETH valued at $7.94 billion.

According to the release, it also has $562 million in cash and 192 Bitcoin, increasing its total reserves to $8.82 billion. This growth demonstrates how BitMine is transforming organizations’ approach to crypto treasury tactics.

The growth comes after BitMine bought 190,526 ETH worth $883 million last week, boosting its balance sheet by $2.2 billion. Hence, the firm now ranks as the number one Ethereum treasury worldwide. Moreover, it stands second in overall crypto holdings, just behind MicroStrategy, which owns over 629,000 Bitcoin valued at $71 billion.

Rapid Growth in Treasury Strategy

BitMine launched its Ethereum treasury program on June 30 and closed its first phase on July 8. Since then, it has scaled holdings with speed, supported by institutional investors.

Besides, its stock has surged in response to these moves. Per Yahoo Finance data, BMNR shares ended at $53.49 on Friday, climbing 12.07% in a single session. Ethereum, on the other hand, traded at $4,662.35 according to CoinMarketCap, being down 2.08% in the past 24 hours.

Chairman Thomas “Tom” Lee of Fundstrat explained the company’s momentum. “In the past week, BitMine increased its crypto and cash holdings by $2.2 billion,” Lee stated. He further noted, “At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock.”

Ethereum as a Macro Bet

Additionally, BitMine views Ethereum as a generational trade. Lee stressed, “We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years.” He pointed to Wall Street and artificial intelligence moving onto blockchain as catalysts for global financial transformation.

Moreover, BitMine’s crypto and cash NAV per share has soared to $39.84, up from $22.84 in late July. With average daily stock trading volume at $2.8 billion, the company has also become one of the most liquid equities in the US.

BitMine’s Ethereum push makes its dominance strong and also underscores Wall Street’s accelerating embrace of blockchain assets.

Also Read: Whales Move to Ethereum, Bitcoin Retreats Near $112,700 Mark

Source link

August 25, 2025 0 comments