Day: September 6, 2025

Bitcoin Mining Difficulty Reaches New All-Time High

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The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in August and steadily rose throughout the month, despite projections that network difficulty would decrease. Bitcoin’s hashrate, the average of the total number of hashes per second from all miners on the network, has fallen to 967 billion hashes per second, down from the all-time high of over 1 trillion hashes per second recorded on August…

Crypto Phishing Scams Claim Over $12 Million in August: Tips to Stay Safe

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Phishing scams, attacks disguised as legitimate communication or websites designed to steal funds and sensitive information, cost crypto users over $12 million in August, up 72% from July, Web3 anti-scam service Scam Sniffer reported on Saturday. Crypto phishing scams impacted 15,230 victims in August, a 67% increase from July, with the single largest loss costing one user over $3 million, according to Scam Sniffer. The Scam Sniffer team also noted a “sharp escalation” in EIP-7702 signature scams. EIP-7702 is an Ethereum improvement proposal that allows Externally Owned Accounts to act…

ARK Invest Buys BitMine and Bullish Stock Across Flagship ETFs

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Cathie Wood’s ARK Invest has continued its crypto stock shopping spree, adding more shares of BitMine Immersion Technologies and crypto exchange Bullish across its flagship ETFs. According to trade disclosures from Friday, ARK’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF) collectively bought over 387,000 shares of BitMine and 144,000 shares of Bullish. Based on recent market prices, the purchases amount to roughly $16 million in BitMine and $7.5 million in Bullish stock. The biggest BitMine buy came from ARKK with 257,108 shares, followed by…

Litecoin Feuds With Crypto Influencer Over Price And Hairline

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A playful spat between the official social media account of cryptocurrency Litecoin and crypto influencer Benjamin Cowen has grabbed the attention of the broader crypto community heading into the weekend. “Your head reminds me of the great recession,” Litecoin, the 21st-largest cryptocurrency by market cap, said in an X post on Friday, firing back at crypto influencer Benjamin Cowen after he poked fun at Litecoin’s (LTC) long-term price action against Bitcoin (BTC) with the caption “the quiet part.” Cowen said, “Your market cap reminds me of the great recession.” Litecoin…

$1B Bitcoin Treasury Fund from Sora Ventures Launches in Asia

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Sora Ventures has announced the launch of Asia’s first Bitcoin treasury fund during Taipei Blockchain Week. Backed by a $200 million commitment from regional partners and investors, the fund aims to acquire $1 billion worth of Bitcoin over the next six months. BTC Treasury Fund Unlike existing individual treasury firms in Asia, such as Japan’s Metaplanet, Hong Kong’s Moon Inc., Thailand’s DV8, and South Korea’s BitPlanet, which hold Bitcoin directly on their own balance sheets, the Sora Ventures fund will serve as a centralized pool of institutional capital. The main…

Senate Crypto Bill Clarifies Tokenized Stocks Remain Securities

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The US Senate updated its crypto market structure bill on Friday, adding a key provision to clarify how tokenized assets are regulated. The new clause would ensure that stocks and other securities remain classified as securities when tokenized on a blockchain, avoiding potential confusion over whether they should fall under commodities regulation. The distinction is important for digital asset firms working on tokenization. Stocks are already regulated as securities. When tokenized, keeping them as securities confirms they stay compatible with broker-dealer frameworks, clearing systems and trading platforms. “We want this…

Ether ETFs Post 4-Day Outflows After Strong August

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US-based spot Ether exchange-traded funds (ETF) have posted four consecutive days of net outflows during the shortened trading week due to US Labor Day. The week of outflows comes after a strong August for spot Ether (ETH) ETFs, which recorded $3.87 billion in net inflows, while Bitcoin (BTC) ETFs posted $751 million in outflows for the month, according to Farside. Friday alone saw Ether ETFs shed $446.8 million, bringing total net outflows over the four days to $787.6 million. Meanwhile, Bitcoin ETFs recorded $250.3 million in net inflows during the…

Bitcoin Unlikely To Reach Price Peak In Q4 2025: Analyst

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Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says. It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times. “Anyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability,” PlanC said in an X post on Friday. Source: Daniel Sempere Pico “From a statistical and probability standpoint, it is equivalent to flipping a coin and getting tails three times…

Tether Seeks to Invest in Gold Supply Chain: Report

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Stablecoin issuer Tether, the creator of USDt (USDT), has begun discussions with mining and investment groups about deploying capital across the gold supply chain, according to the Financial Times. The move would further diversify Tether’s portfolio risk. According to the report, Tether has been exploring deploying capital across several sectors in the gold business, including gold mining, refining, trading and royalty companies. The company has accumulated $8.7 billion worth of physical gold, which is stored in a vault in Zurich, Switzerland. The reserves back Tether Gold (XAUT), the firm’s gold-pegged…

Is Ethereum About to Break Out? Binance Supply Plummets While Prices Stay Strong

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Data from Binance, the largest Ethereum reserve holder among exchanges, revealed that ETH supply on the platform declined while prices remained remarkably stable. Between the second half of August and September 3, the Exchange Supply Ratio (ESR), which measures the proportion of ETH held on exchanges relative to total supply, fell sharply from 0.041 to below 0.037. This represents the largest drop observed in the period, occurring within just two weeks. Despite this, Ethereum’s price held near local highs of approximately $4,400 and showed no sharp correction. Ethereum Exodus CryptoQuant…