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Bitcoin Price Watch: Consolidation Continues After $122K Rejection

Coins Legend August 12, 2025 0

Bitcoin’s price is trading at $118,400, with a market capitalization of $2.35 trillion and a 24-hour trading volume of $45.32 billion. The intraday range has been between $118,252 and $120,693, signaling a day of relatively contained volatility despite recent swings in momentum. Bitcoin On the

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Fold Launches Bitcoin Gift Card on Major US Online Retailer, Holds Over 1,492 BTC in Treasury

Coins Legend August 12, 2025 0

Fold Holdings, Inc. (NASDAQ: FLD) has announced the launch of its Fold Bitcoin Gift Card on Giftcards.com, the largest digital gift card retailer in the U.S. This initiative aims to expand access to Bitcoin for millions of consumers in a familiar and user-friendly format. The Fold Bitcoin Gift Card is the only Bitcoin gift card […]

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Pro-Crypto UFC Inks $7.7 Billion Deal With Paramount

Coins Legend August 12, 2025 0

The mammoth deal effectively renders the pay-per-view (PPV) model in MMA obsolete, as all events will be made available on Paramount+ starting in 2026. UFC Lands $7.7 Billion Paramount Deal Back in 2018, the Ultimate Fighting Championship (UFC) and litecoin, one of the oldest cryptocurrencies, made headlines around the world with a sponsorship deal. But […]

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Sequans Acquires 13 Additional Bitcoin for $1.5 Million, Increasing Total Holdings to 3,171 BTC

Coins Legend August 12, 2025 0

Paris-headquartered Sequans Communications S.A. (NYSE: SQNS) has announced the acquisition of an additional 13 bitcoin for approximately $1.5 million, at an average purchase price of $117,012 per bitcoin, inclusive of fees. As of August 8, 2025, the company now holds a total of 3,171 bitcoins, with a total net investment in bitcoin amounting to around […]

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The Smarter Web Company Acquires 295 Bitcoin, Boosting Total Holdings to 2,395 BTC

Coins Legend August 12, 2025 0

The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed firm, has announced the acquisition of an additional 295 BTC as part of its “10 Year Plan,” which includes a treasury policy focused on bitcoin accumulation. The purchase was made at an average price of £89,000 per bitcoin (approximately $119,412), totaling […]

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Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin

Coins Legend August 12, 2025 0

A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and

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Metaplanet Acquires 518 Bitcoin, Boosting Total Holdings to 18,113 BTC Valued at $1.85 Billion

Coins Legend August 12, 2025 0

Metaplanet Inc. (Tokyo Stock Exchange: 3350) has announced the acquisition of an additional 518 bitcoin as part of its ongoing Bitcoin Treasury Operations, with an average purchase price of 17,540,861 yen per bitcoin (approximately $118,519), totaling approximately 9.086 billion yen (around $61.4 million). This latest purchase increases the company’s total bitcoin holdings

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Stripe Quietly Building ‘Tempo’ Blockchain With Paradigm’s Backing: Report

Coins Legend August 12, 2025 0

A newly published report says fintech heavyweight Stripe is quietly crafting a payments-driven blockchain dubbed “Tempo” in collaboration with cryptocurrency venture capital firm Paradigm, according to a job listing and people with knowledge of the project. Sources: Stripe Is Developing a Blockchain Forbes reported that the Aug. 3 posting, shared through the Blockchain

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Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down

Coins Legend August 12, 2025 0

Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners. According to a statement, the Department of Financial Monitoring (DFM) for the

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Malaysia Central Bank Paper Sparks Debate by Naming XRP and BTC as Monetary Alternatives

Coins Legend August 12, 2025 0

A recent working paper from the Central Bank of Malaysia has identified XRP and bitcoin as potential alternatives to traditional monetary and payment systems. Digital Assets Could Replace Bank Deposits A recent working paper from the Central Bank of Malaysia (CBM) has identified XRP alongside bitcoin ( BTC) as potential “alternatives to the current monetary […]