CoinGape https://coingape.com/ CoinGape - 24*7 Crypto Updates Tue, 05 Aug 2025 19:41:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://coingape.com/wp-content/uploads/2023/11/cropped-CoinGape_logo2-32x32.png CoinGape https://coingape.com/ 32 32 Shiba Inu Ecosystem to Hold Elections to Usher in Decentralized ‘Shib State’ https://coingape.com/shiba-inu-elections-to-usher-in-decentralized-shib-state/ Tue, 05 Aug 2025 19:41:28 +0000 coingape-264053 The Shiba Inu team has announced a major governance initiative designed to transition its ecosystem into a fully decentralized digital network state. The process will introduce elections to appoint a lead visionary and DAO council members. Shiba Inu Announces Structured Elections  According to the official post, the elections will determine the interim president and foundational

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Osaka Exchange Could Bring Crypto Futures and Options to Japanese Markets Soon https://coingape.com/osaka-exchange-could-bring-crypto-futures-and-options-to-japanese-markets-soon/ Tue, 05 Aug 2025 19:13:14 +0000 coingape-263237 Japan’s crypto landscape is on the cusp of a major transformation, with the Osaka Exchange exploring derivatives trading to tap into the growing demand for digital assets. The exchange focuses on derivatives strategy, bolstering the country’s institutional adoption and crypto regulation. Osaka Exchange Advances Crypto Derivatives Trading According to a recent Bloomberg report, Japan’s Osaka

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SEC Clarifies Liquid Staking Isn’t a Security Amid Project Crypto Push https://coingape.com/sec-clarifies-liquid-staking-isnt-a-security-amid-project-crypto-push/ Tue, 05 Aug 2025 18:12:09 +0000 coingape-264051 The U.S. Securities and Exchange Commission (SEC) continues its objective to provide regulatory clarity for the crypto industry. This time, the Commission’s Division of Corporation Finance has stated that it doesn’t view liquid staking activities as securities. Liquid Staking Activities Aren’t Securities, SEC’s Division Declares In an SEC release, the Division of Corporation Finance said

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BlackRock Dumps $292M BTC, $372M ETH Amid Crypto ETF Outflows https://coingape.com/blackrock-moves-292m-btc-372m-eth-amid-crypto-etf-outflows/ Tue, 05 Aug 2025 16:56:04 +0000 coingape-264017 The world’s largest asset manager, BlackRock, looks to be offloading some of its Bitcoin and Ethereum holdings from its crypto ETFs. This follows the outflows that these ETFs recorded on August 4 amid a crypto market correction, led by BTC and ETH. BlackRock Moves Coins To Coinbase Amid Crypto ETF Outflows Arkham Intelligence data shows

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Cardano Midnight Airdrop for ADA, BTC, ETH, XRP Holders Goes Live https://coingape.com/cardano-midnight-airdrop-for-select-holders-goes-live/ Tue, 05 Aug 2025 16:44:11 +0000 coingape-264028 The Midnight Airdrop has officially launched, allowing eligible holders of major coins, including ADA, BTC, ETH, and XRP,  to claim free NIGHT tokens. The Midnight Foundation made the announcement and revealed details on how token holders can claim their free tokens. Midnight Launches First-Ever NIGHT Token Airdrop with Privacy-Focused Utility According to an X post

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Brazil to Hold Public Hearing For Strategic Bitcoin Reserve on August 20 https://coingape.com/brazil-to-hold-public-hearing-for-strategic-bitcoin-reserve/ Tue, 05 Aug 2025 16:36:27 +0000 coingape-264047 On August 20, Brazil will have a hearing to discuss the establishment of a Strategic Bitcoin (BTC) Reserve on a national level. The session will embrace Bill 4.501/2024 that suggests the creation of a BTC Reserve under the government at the federal level. Brazilian Lawmakers to Debate Strategic Bitcoin Reserve in First Public Hearing on

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Trump Says He May Announce Fed Chair Powell’s Replacement “Fairly Soon” https://coingape.com/donald-trump-says-he-may-announce-fed-chair-powells-replacement-fairly-soon/ Tue, 05 Aug 2025 13:00:08 +0000 coingape-264002 U.S President Donald Trump has provided an update on his plans to announce Fed Chair Jerome Powell’s replacement, stating that the announcement may come fairly soon. He also revealed that he has four candidates in mind and that Scott Bessent isn’t one of them, having turned down the job. Donald Trump Comments On Fed Chair

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Will The LUNC Price Surge as Terra Classic Prepares for Major Upgrade On August 15? https://coingape.com/terra-classic-set-for-major-upgrade-on-august-15-will-this-trigger-a-lunc-price-surge/ Tue, 05 Aug 2025 12:41:01 +0000 coingape-263982 Terra Classic is in the spotlight as it prepares for a significant network upgrade scheduled for August 15, 2025. The upcoming v3.5.0 update, following months of development and community deliberation, could bring growth to the LUNC ecosystem. Can It Boost LUNC Price? Terra Classic’s v3.5.0 Upgrade: What’s Changing? The Terra Luna Classic blockchain will launch

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Philippine SEC Warns Unregistered Crypto Exchanges; Warns OKX, Bybit, and Kraken https://coingape.com/philippine-sec-warns-unregistered-crypto-exchanges-warns-okx-bybit-and-kraken/ Tue, 05 Aug 2025 11:36:43 +0000 coingape-263976 The Philippine SEC has reportedly issued a warning against ten unlicensed crypto exchanges, including OKX, Bybit, and Kraken. According to the SEC, these exchanges have been operating without the necessary authorization under the country’s new crypto regulations. 10 Crypto Exchanges Face Scrutiny in the Philippines In the latest crypto regulatory development, the Philippine SEC has

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Cardano Founder Teases Major Midnight Airdrop Update https://coingape.com/cardano-founder-teases-major-midnight-airdrop-update/ Tue, 05 Aug 2025 10:15:55 +0000 coingape-263964  Cardano Founder Charles Hoskinson made a cryptic tweet suggesting the launch of the Midnight project airdrop initiative. This followed the recent release of its airdrop rate for XRP, BTC, and other eligible token holders. Cardano Founder’s Tweet Fuels Airdrop Speculation  In a cryptic post on X, Charles Hoskinson hinted at a potential new stage in

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Ripple CLO Commends SEC Chief Ahead of August 15th Status Report Deadline- Is XRP Lawsuit Finally Ending? https://coingape.com/ripple-clo-commends-sec-chief-ahead-of-august-15th-status-report-deadline-is-xrp-lawsuit-finally-ending/ Tue, 05 Aug 2025 10:04:02 +0000 coingape-263932 Ripple CLO has praised the SEC Chief amid new policy shifts. This suggests that the end of the XRP lawsuit may finally be in sight. Experts are also speculating on whether the regulatory tides are turning for the broader crypto industry, not just for Ripple. Ripple CLO Hints at SEC Softening Its Stance In a

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Pi Network Invests In OpenMiind’s $20M Vision for Humanoid Robots- Is It A Right Move? https://coingape.com/pi-network-invests-in-openmiinds-20m-vision-for-humanoid-robots-is-it-a-right-move/ Tue, 05 Aug 2025 07:44:19 +0000 coingape-263936 Pi Network Ventures has contributed to OpenMind’s $20 million fundraising round for the creation of its humanoid robots. The network has taken its first major step after the launch of its venture capital fund. Pi Network Ventures Joins OpenMind’s $20M Funding Round Pi Network Ventures has officially joined a $20 million funding round for OpenMind,

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White House Targets Bank-Led Chokepoint 3.0 Over Crypto Debanking https://coingape.com/banks-under-scrutiny-white-house-action-to-end-operation-chokepoint-3-0-crypto-debanking/ Tue, 05 Aug 2025 06:47:58 +0000 coingape-263940 The White House is planning to issue an executive order aimed at curbing “Operation Chokepoint 3.0,” which involves banks making politically driven decisions to block customers, particularly those in the crypto industry. The draft order proposes penalties for financial institutions that violate the Equal Credit Opportunity Act, antitrust laws, and consumer financial protection laws. US Banks

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Three Rate Cuts May Be Necessary, Says Fed’s Mary Daly https://coingape.com/three-rate-cuts-may-be-necessary-says-feds-mary-daly/ Mon, 04 Aug 2025 22:57:17 +0000 coingape-263929 San Francisco Fed President Mary Daly has signaled that rate cuts may begin soon, warning more than two may be needed this year. Daly Signals Fed Rate Cut Likely, Warns Delay Risks Labor Harm Daly says the possible rate cuts is due to weakening labor market trends and stable inflation. According to a Reuters report,

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Breaking: U.S. CFTC Kicks off Crypto Sprint, Explores Spot and Futures Trading Together https://coingape.com/cftc-kicks-off-crypto-sprint-explores-spot-and-futures-trading-together/ Mon, 04 Aug 2025 21:58:05 +0000 coingape-263924 The U.S. Commodity Futures Trading Commission (CFTC) has launched a Crypto Sprint to allow spot crypto trading on futures exchanges. The aim is to unify U.S. market regulation. CFTC’s Crypto Sprint is to Regulate Spot Trading via Futures Exchanges In a press release, Acting Chairman Caroline D. Pham announced that the launch of Crypto Sprint,

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Ethereum vs. XRP Tribalism? John Deaton Says the Market Will Decide https://coingape.com/ethereum-vs-xrp-tribalism-john-deaton-says-the-market-will-decide/ Mon, 04 Aug 2025 20:26:14 +0000 coingape-263918 Pro-crypto lawyer John Deaton has commented on speculations of an existing tribalism in the crypto community, especially among Ethereum and XRP holders. Deaton opted against picking a side and revealed how the ultimate winner will emerge. Deaton On The Tribalism Involving Ethereum and XRP In an X post, the crypto lawyer remarked that tribalism is

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ETH Rises as BitMine, Ether Machine, and SharpLink Expand Ethereum Treasuries https://coingape.com/eth-rises-as-corporate-firms-expand-ethereum-treasuries/ Mon, 04 Aug 2025 19:47:03 +0000 coingape-263919 Ethereum is up today as BitMine, Ether Machine, and SharpLink expanded their Ethereum treasuries by over 1.35 million ETH combined. The largest altcoin by market cap is looking to continue its bullish momentum and retest the psychological $4,000 level. ETH Soars 5.68% as BitMine Boosts Ethereum Treasury  Ethereum price surged 5.68% to $3,682.93 after starting

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Bullish IPO: Peter Thiel-Backed Crypto Exchange Eyes $629M Raise at $4.2B Valuation https://coingape.com/bullish-ipo-peter-thiel-backed-crypto-exchange-eyes-629m-raise/ Mon, 04 Aug 2025 17:03:52 +0000 coingape-263906 New details about the Bullish IPO have emerged, with the Peter Thiel-backed crypto exchange revealing how many common shares it intends to sell as part of its public offering. The exchange also revealed its projected IPO price, which indicates that it plans to raise up to $629 million at a $4.2 billion valuation. Bullish IPO

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Breaking: Trump Tariffs: U.S. President Announces Plans To Raise India’s Tariff https://coingape.com/trump-tariffs-u-s-president-plans-to-raise-indias-tariff/ Mon, 04 Aug 2025 15:31:16 +0000 coingape-263899 President Donald Trump has announced plans to raise tariffs on Indian goods following India’s oil trade with Russia. Trump said India is making money from oil purchased from Russia while ignoring the ongoing war in Ukraine. Probable Trump Tariffs Raise Risks Straining On U.S.-India Ties In a statement on TruthSocial, Trump criticized India for buying

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Crypto Market Rallies as Trump Plans to Announce Rate-Cut-Friendly Fed Governor https://coingape.com/crypto-market-rallies-as-trump-plans-to-announce-rate-cut-friendly-fed-governor/ Mon, 04 Aug 2025 14:53:18 +0000 coingape-263892 The crypto market is in the green today, rebounding from the decline recorded over the weekend. This comes amid developments such as Trump’s plans to appoint a Fed Governor who will lower rates to replace Adriana Kugler. More details of the trade deal between the U.S. and E.U. have also emerged, with the latter putting

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