Day: August 22, 2025

Starknet to launch Bitcoin staking after SNIP-31 vote passes

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Starknet is set to introduce Bitcoin staking after its community ratified Starknet Improvement Proposal 31. Summary Starknet approved SNIP-31 on August 21, enabling Bitcoin staking and governance rights. BTC gets up to 25% staking power, while STRK keeps majority control. The update expands BTC DeFi on Starknet, but STRK fell 6.2% after. Starknet (STRK) will introduce Bitcoin (BTC) staking to its Layer 2 network following the ratification of SNIP-31 on Aug. 21. The proposal outlines a framework for Bitcoin holders to stake tokenized assets on Starknet and take part in…

House Puts CBDC Ban in Must-Pass Defense Bill

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The US House has added a provision banning the Federal Reserve from issuing a central bank digital currency (CBDC) into a nearly 1,300-page bill setting the countryโ€™s defence policy for the 2026 fiscal year. A revision of HR 3838, the Houseโ€™s version of a bill implementing the National Defense Authorization Act, was shared on Thursday by the House Rules Committee to include sweeping language banning the Federal Reserve from studying or creating digital currency. The House passed a similar Republican-backed bill, the Anti-CBDC Surveillance State Act, in July with a…

Ethereum Price Battles Key Barrier as Bulls Eye a Breakout Attempt

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Ethereum price started a recovery wave above the $4,150 zone. ETH is now back above $4,250 but it faces many hurdles near $4,300. Ethereum started a recovery wave above the $4,200 and $4,250 levels. The price is trading below $4,320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,180 zone in the near term. Ethereum Price Faces Hurdles Ethereum…

Japan’s SBI Holdings Joins Tokenized Stock Push With Startale Joint Venture

Japanese financial giant SBI Holdings is moving into the red-hot tokenized stock market through a joint venture with Singapore-based blockchain development firm Startale. The companies plan to build an on-chain platform designed for trading tokenized equities and real-world assets (RWAs), they announced on Friday. The step puts SBI alongside a growing roster of major players experimenting with tokenized stocks. Robinhood and several crypto exchanges including Kraken, Gemini started offering blockchain-based versions of publicly traded shares. SBI, which oversees more than 11 trillion yen ($74 billion) in assets and has over…

Hereโ€™s What Traders Should Watch Next

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edymeโ€™s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

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Bitcoin Price Stays in Red, Can Bulls Regain Lost Ground Soon?

Bitcoin price is attempting to recover from $112,000. BTC is back above $113,200 but faces many hurdles on the way up to $118,000. Bitcoin started a recovery wave above the $112,500 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $113,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,000 resistance zone. Bitcoin Price Faces Resistance Bitcoin price started a…

CFTC Kicks Off Second โ€œCrypto Sprintโ€ To Deliver White Houseโ€™s Crypto Goals

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The US commodities regulator has launched its second โ€œcrypto sprintโ€ to implement recommendations from the Presidentโ€™s Working Group on Digital Asset Markets, this time focusing on stakeholder engagement. The Commodity Futures Trading Commission (CFTC) is seeking public input from crypto market participants on how it can better regulate spot crypto trading, the acting chair Caroline D. Pham said on Thursday. โ€œThe public feedback will assist the CFTC in carefully considering relevant issues for leveraged, margined or financed retail trading on a CFTC-registered exchange,โ€ Pham said. Source: Caroline D. Pham. The…