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August 6, 2025

Bitcoin analyst warns of $105K 'danger zone' as open interest stays frothy

August 6, 20250
The short-term outlook for Bitcoin remains cautious, with a possibility of a trip toward $105,000, which one analyst calls the “hidden danger zone” for BTC price.

Satsuma secures $218M, including $125M in BTC, to advance Bitcoin strategy

August 6, 20250
Satsuma Technology secured $217.6 million in its latest raise, with over half settled in Bitcoin, drawing support from top crypto funds and UK institutional investors.

Bitcoin may still have steam for $250K this year: Fundstrat’s Tom Lee

August 6, 20250
Fundstrat managing partner Tom Lee said Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025.

Hyperliquid revenue surges as it takes users from Solana: VanEck

August 6, 20250
Hyperliquid’s derivatives platform drove 35% of blockchain revenue in July, capturing high-value users from struggling Solana.

Solana treasury race heats up as firms hunt staking rewards

August 6, 20250
Three public companies increased their Solana holdings this week, as BitGo speculated that firms are buying Solana to stake it and earn rewards.

Binance founder Changpeng Zhao seeks dismissal of $1.8B FTX lawsuit

August 6, 20250
Changpeng Zhao has asked a court to dismiss FTX’s $1.8 billion lawsuit over a share buyback deal the bankrupt exchange claims was funded with misused assets.

Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers

August 6, 20250
Former SEC chief of staff Amanda Fischer slammed the latest SEC guidance on liquid staking, sparking a sharp backlash on social media.

The $3.5B shift: How Bitcoin miners are cashing in on AI

August 6, 20250
From GPUs to AI deals, Bitcoin miners are finding new lifelines beyond crypto. AI is becoming a major revenue stream for them.

Eye-scanning crypto projects pose national security risks, China warns

August 6, 20250
China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be exploited for espionage.

Bitcoin is now bigger than Amazon: Here’s how it became a top-5 asset

August 6, 2025, 0
Bitcoin’s explosive July rally pushed its market cap to $2.4 trillion, overtaking Amazon, silver and Alphabet, cementing its place among the world’s five most valuable assets.
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