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Block Targets Mining Decentralization With Air-Cooled Proto Rig Delivering up to 819 TH/s

Coins Legend August 17, 2025 0

This week, Block, Inc. (NYSE: XYZ) launched Proto Rig, a modular bitcoin mining system designed for durability, and Proto Fleet, a free open-source management platform, marking a strategic push to decentralize mining hardware and software. End of Disposable Miners? Block’s Proto Rig Adds

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Dogecoin on NYSE? Grayscale Pushes ETF Plan Into SEC’s Court

Coins Legend August 17, 2025 0

Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Dogecoin Trust into an exchange-traded fund (ETF) and list it on NYSE Arca. Wall Street Meets Doge The registration, submitted this week, introduces the new name “Grayscale Dogecoin Trust ETF” with the ticker “GDOG.” According to Grayscale‘s SEC […]

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Google Play Store Crypto Snafu, Blackrock Clarifies XRP ETF Stance, and More — Week in Review

Coins Legend August 17, 2025 0

Google Play Store snafu, Blackrock clarifies XRP ETF stance, ETH surges to $4,700, and more in this Week in Review. Week in Review Google clarified that self custody wallets would not be banned from the Play Store after confusion over a July policy update. Blackrock addressed speculation about a spot XRP ETF. Ethereum surged past […]

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Kraken Freezes Monero Deposits After Qubic Boasts Network Dominance

Coins Legend August 17, 2025 0

Kraken announced in a security update that the centralized crypto exchange is temporarily halting monero ( XMR) deposits. The platform explained that it had discovered that a single mining pool has captured control of more than half of the network’s hashing power. Qubic’s Controversial Dominance Sparks Exchange Freeze The privacy-focused crypto network Monero has been […]

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Bitcoin Price Watch: Consolidation Phase Could Precede Sharp Rally—or Breakdown

Coins Legend August 17, 2025 0

Bitcoin’s price stood at $118,351 on Aug. 17, 2025, with a market capitalization of $2.356 trillion and a 24-hour global trading volume of $20.09 billion. The intraday price range was narrow, fluctuating between $117,279 and $118,445, signaling consolidation after recent volatility. Bitcoin The daily bitcoin chart reflects a strong upward surge peaking at $124,517 before

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Gemini Exchange Files S-1 for Proposed Nasdaq IPO Under Ticker ‘GEMI’

Coins Legend August 17, 2025 0

Gemini Space Station, Inc. (Gemini Exchange) filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) on August 15, 2025, for a proposed initial public offering (IPO) of its Class A common stock, with the number of shares and price range yet to be determined and subject to market conditions. […]

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Canary Capital’s McClurg Sees Bitcoin Soaring to $150K Before Inevitable Downturn

Coins Legend August 17, 2025 0

Bitcoin could reach $150,000 before facing a bear market, Canary Capital CEO Steven McClurg said in a recent interview. The Canary CEO cited a confluence of sustained inflows into spot bitcoin exchange-traded funds (ETFs)—projected at over $1 billion weekly—a persistently dovish Federal Reserve outlook despite lingering inflation concerns, and accelerating institutional

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FBI Warns of Fictitious Law Firms Providing Crypto Recovery Services

Coins Legend August 17, 2025 0

The FBI has issued a PSA regarding alleged law firms offering their services to recover cryptocurrency funds, describing suspicious behaviors that these firms might adopt to take advantage of the vulnerability of victims who have lost access to these resources. FBI Warns of Crypto Scammers Impersonating Law Firms That Help Users Recover Lost Crypto Funds […]

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Latam Bitcoin Pioneer Meliuz Expands Into US Markets

Coins Legend August 17, 2025 0

Meliuz, the largest Bitcoin Treasury Company in Latin America, has completed its expansion into U.S. markets, trading on OTCQX under the ticker MLIZY. The company is focused on promoting its proposal in U.S. markets, aiming to attract foreign capital enticed by its bitcoin initiatives. Meliuz Crosses Over to U.S. Markets, Starts Trading on OTCQX Meliuz, […]

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Analyst: Bitcoin Peaks Follow Halving Patterns—Next One Expected by Late 2025

Coins Legend August 17, 2025 0

Crypto analyst Cryptobirb predicts that bitcoin is nearing its cycle peak, which is likely to occur between October 19 and November 20, 2025. Halving Events and Bull Market Length A crypto analyst is projecting bitcoin ( BTC) to peak between Oct. 19 and Nov. 20, 2025, before bears typically take over. Using the Bitcoin Cycle […]