Day: August 6, 2025

Bitcoin Analyst Warns of Potential BTC Short Squeeze in Liquidity Hunt

Key Notes Technical analysis identifies two major liquidation zones at $116,800 and $119,000 that could serve as price magnets for Bitcoin’s next move. The cryptocurrency successfully tested the 50-day exponential moving average support level, establishing a foundation for potential upward momentum. Bitcoin’s correlation with the S&P 500 remains strong, making both assets sensitive to macroeconomic developments and recession concerns. Bitcoin BTC $115 477 24h volatility: 1.6% Market cap: $2.30 T Vol. 24h: $32.75 B price has once again experienced high volatility events in a short period of time, flirting with…

Laser Digital launches regulated crypto options desk in Dubai

Laser Digital, the digital asset subsidiary of Japan’s investment bank Nomura, has become the first company licensed under Dubai’s Virtual Asset Regulatory Authority (VARA) pilot framework to offer regulated over-the-counter (OTC) crypto options. The “limited license” will allow Laser Digital to offer OTC crypto options to institutional clients under strict oversight, the company said Wednesday. OTC desks allow institutions to trade large volumes of digital assets directly with counterparties, minimizing slippage and enabling more flexible pricing. These desks are typically used by hedge funds, asset managers, trading firms and other…

11,000 Wallets Grab NIGHT Tokens in Cardano Airdrop Amid Disappointing $71M Upgrade

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Cardano’s Midnight Network has launched its highly anticipated NIGHT token airdrop, and the crypto community responded in full force. Within hours of the August 5 launch of the “Glacier Drop” phase, over 11,000 wallets across eight major blockchains claimed more than 250 million NIGHT tokens. Related Reading The Midnight claim portal, now live, supports wallets from Cardano, Bitcoin, Ethereum, XRP, Solana, BNB, Avalanche, and Brave’s BAT. In total, 33.6 million wallets are eligible to participate in this multi-phase distribution. ADA’s price trends sideways on the daily chart, despite the launch…

Tornado Cash Developer Roman Storm Found Guilty of Operating Illegal Money Transfer Business

Key Notes Storm faces maximum 5-year sentence for conviction, significantly less than potential 20-year terms for dismissed charges. Verdict establishes precedent that non-custodial crypto services may qualify as Money Service Businesses requiring compliance. Ethereum Foundation and Paradigm invested $1.75 million total in Storm’s legal defense highlighting industry-wide concerns. This August 6th, the United States trial against Roman Storm, one of the developers and founders of Tornado Cash, has just ended after 4 weeks of jury deliberation to reach a verdict. The trial ended with the jury finding Storm guilty of…

BNB Price Faces Death Cross at $785 as CEA Industries Rebrands to BNB Network Company

Key Notes Corporate rebrand signals strategic alignment with BNB Chain ecosystem backed by substantial institutional investment funding. Technical analysis shows death cross formation at $785 resistance level creating mixed signals for continued upward momentum. Best Wallet presale capitalizes on increased institutional adoption with $14 million raised targeting early-stage opportunities. Binance Coin BNB $773.4 24h volatility: 2.8% Market cap: $107.78 B Vol. 24h: $1.01 B surged more than 5% on Wednesday, August 6, following a landmark announcement from CEA Industries Inc., which has now rebranded as BNB Network Company (BNC). This…

Bitcoin (BTC) em alta! Vai romper a resistência? + ethereum (ETH), XRP, Solana, AAVE, criptomoedas

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io PARTICIPE DO BLOCK MIRROR! INSCREVA-SE NA LISTA PREFERENCIAL: RECEBA TODOS OS MEUS TRADES DE GRAÇA: ENTRE PARA O MEU GRUPO GRATUITO DO TELEGRAM SOBRE BITCOIN E CRIPTOMOEDAS: 5% DE CASHBACK EM DÓLAR! PEÇA O SEU CARTÃO DE CRIPTOMOEDAS KAST: ABRA CONTA NA QUANTFURY, NEGOCIE COM TAXA ZERO E GANHE ATÉ R$ 1.500 EM BITCOIN: Todos os olhos na análise completa do do bitcoin (BTC), além dos impactos no ethereum (ETH), solana (SOL), XRP (Ripple), Cardano (ADA), cookie, bonk, AAVE, AVAX (Avalanche), Virtuals…

Bakkt Buys Stake in Japan’s Marusho Hotta, Plans Rebrand to bitcoin.jp

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Digital asset custodian and trading company Bakkt is finalizing a minority acquisition of Japanese company Marusho Hotta, marking a strategic step in its transformation into a crypto treasury business backed by Bitcoin and other digital assets. As part of the deal, Bakkt announced plans to acquire a 30% stake in Marusho Hotta, a publicly listed company that manufactures specialty yarns for domestic and international markets. The company will be renamed “bitcoin.jp,” signaling a likely pivot toward operating as a Bitcoin (BTC) treasury vehicle. Marusho Hotta trades under the ticker symbol…

Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict

NEW YORK — Tornado Cash developer Roman Storm has been found guilty of conspiring to operate an unlicensed money transmitting business, a Manhattan jury decided Wednesday. The jury was unable to reach a unanimous verdict on the remaining charges, conspiracy to commit money laundering and conspiracy to violate international sanctions, despite four days of deliberations after the three-week trial. A sentencing date has not yet been set, and it is currently unclear whether prosecutors will elect to re-try Storm on the remaining charges. Prosecutors told the court on Wednesday afternoon that…

Shiba Inu’s Shibarium Is More Than A Layer 2, Expert Reveals What It Is

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Shiba Inu’s blockchain platform, Shibarium, is reportedly stepping beyond its original role as a  Layer 2 (L2) scaling solution. In a recent announcement, the development team revealed that Shibarium is now positioned as the core infrastructure for a decentralized, community-led future, highlighting its broader functionality and long-term vision for the evolving ecosystem. Shibarium Evolves Beyond Layer 2 Solution On August 4, the Shiba Inu team behind Shibarium clarified in an X social media post that the platform is more than just a Layer 2 scaling solution. They described it as…