Day: August 19, 2025

VCI Global Launches $2.1B Bitcoin-Backed Sovereign Infrastructure Venture

Key Notes The partnership allocates VCI Global a 70% management stake while the partner retains custody of the substantial Bitcoin reserves. QuantVault platform will store the cryptocurrency using hardware encryption and quantum-resistant security measures for institutional protection. VCIG shares surged 17.6% following the announcement despite accumulating 99.98% losses since its April 2023 NASDAQ debut. The company will manage commercialization with a 70% stake, while its partner maintains custody of the Bitcoin reserves. Focus areas include tokenizing real-world assets, offering vault services, and linking encrypted systems with AI computing. According to…

Crypto Founder Predicts The Collapse Of Bitcoin In This Timeframe

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Justin Bons, the founder and CIO of Cyber Capital, has issued a stark warning about Bitcoin’s (BTC) future, predicting that the world’s largest cryptocurrency could collapse in the coming years. The crypto founder has cited Bitcoin’s declining security model and shrinking block rewards as some of the indicators of this seemingly inevitable crash.  Bitcoin Forecasted To Collapse Within 7-11 Years This week, the crypto community was shaken by a striking prediction from Bons, who warned that Bitcoin could face a catastrophic collapse within the next decade. According to an X…

SkyBridge Capital to tokenize $300m in hedge funds on Avalanche

SkyBridge Capital, an investment firm founded by Anthony Scaramucci, plans to tokenize $300 million worth of assets on Avalanche. Summary Anthony Scaramucci’s SkyBridge Capital plans to tokenize $300 million in two funds on Avalanche. SkyBridge Capital will partner with Tokeny on the initiative. SkyBridge Capital announced the project on August 19,  noting that the company is looking to tokenize $300 million in two funds on the Avalache (AVAX) blockchain. The initiative is a collaboration between SkyBridge Capital and Tokeny, an enterprise-grade tokenization platform recently acquired by $3.5 trillion financial services…

Ethereum Whale Opens $16.3M Leveraged Long Bet as ETH Hints at Local Bottom

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Key takeaways: ETH price has a short liquidation cluster “magnet” at $4,300–$4,360. Ether price technicals support the case for a rally toward $4,750–$8,000. An Ethereum whale has opened a massive $16.35 million long position on Ether (ETH), using 25x leverage, in what looks like a bold wager that the latest dip is over. 1% price ETH gain equals $163,000 in profit The position, entered at $4,229.83 per ETH, is already slightly in profit with ETH trading just above $4,240. At this scale, a mere 1% rise from the entry would…

Wyoming Becomes First US State to Launch Its Own Stablecoin: What’s Next?

Key Notes FRNT token launches with 1:1 USD backing and mandatory 2% overcollateralization across seven blockchain networks. Public trading begins through Kraken exchange during early access period following regulatory clearance processes. Wyoming’s crypto-friendly regulations attract major exchanges while global stablecoin adoption accelerates significantly. Wyoming, nicknamed the “Equality State,” has become the first US state or territory to launch its own government-backed stablecoin with the deployment of the Frontier Stable Token (FRNT) mainnet on Aug. 19. According to a press bulletin from Wyoming Governor Mark Gordon, the FRNT token’s mainnet is…

Bitcoin and altcoins may crash as top trader issues Fed warning

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Bitcoin and altcoin prices could be at risk of further downside as a top trader warns that the Federal Reserve may be about to err on monetary policy.  Summary Bitcoin and altcoin prices may crash as a top trader warns on the Fed. He believes that the Fed should not cut interest rates in September.  A Fed cut delay may affect Bitcoin, altcoins, and the stock market. Bitcoin (BTC) price crashed to $113,000 today, Aug. 19, its lowest level in over a week, and 8.60% from its highest point this…

SUI Holds The Line: Rounded Bottom Hints At 13% Breakout Setup

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SUI is showing signs of strength as it defends the $3.50–$3.60 support zone, carving out a rounded bottom formation. With bullish momentum slowly building, the altcoin eyes a potential 13% breakout toward $4.60 if the setup holds. SUI Holds Firm At $3.60: Signs Of Early Recovery Emerge According to a recent X post, analyst Gemxbt shared his perspective on SUI’s 1-hour chart, pointing to signs of a potential recovery after the market found footing at the $3.60 support level. According to Gemxbt, the price has managed to stabilize, currently consolidating…

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