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Sharplink Acquires $264.5 Million in ETH, Boosting Holdings to 521,939

Coins Legend August 5, 2025 0

Sharplink Gaming, Inc. acquired 83,561 ether ( ETH) for $264.5 million last week, increasing its total holdings to 521,939 ETH. Sharplink Ether Concentration Jumps 83% The company, Sharplink Gaming, Inc. (Nasdaq: SBET), funded the purchases entirely through net proceeds from its at-the-market

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Coinbase Rolls out Beta for API-Powered Embedded Wallets

Coins Legend August 5, 2025 0

On Tuesday, Coinbase revealed it has launched a beta version of “Embedded Wallets” for developers, offering integrated wallet creation, fiat onramps, token swaps, and 4.1% USDC rewards through a unified API suite. Coinbase Debuts Embedded Wallets Beta The new tool, part of the Coinbase Developer Platform (CDP), allows developers to incorporate self-custodied crypto wallets

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SEC Says Certain Liquid Staking Models Not Securities

Coins Legend August 5, 2025 0

The U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance said Tuesday that certain “liquid staking” activities in the crypto sector do not constitute securities transactions under federal law. SEC: Liquid Staking Safe From Registration if Kept Simple In a new statement, the SEC’s corporate finance unit clarified its stance on a specific form […]

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Trump Boosts American Eagle Shares With Praise to Sydney Sweeney 

Coins Legend August 5, 2025 0

Twelve days after actress Sydney Sweeney’s denim campaign gave American Eagle Outfitters stock a lift, shares have climbed yet again—this time fueled by U.S. President Donald Trump giving Sweeney’s ad his stamp of approval. American Eagle Stock Pops After Trump Backs Sweeney’s Denim Campaign Sydney Sweeney’s denim ads made waves, sending American Eagle Outfitters stock

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Bitcoin Drops Below $113K After Trump Announces New Tariffs

Coins Legend August 5, 2025 0

U.S. President Donald Trump announced new tariffs on pharmaceuticals and semiconductor chips on Tuesday morning during a CNBC interview. Trump Tariff Threat Shakes Crypto: Bitcoin Drops Below $113K Crypto and stock markets edged lower on Tuesday morning, with bitcoin ( BTC) dropping below $113K after U.S. President Donald Trump told CNBC that his administration will […]

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XRP’s Rally to $4.80 Possible as It Holds Key Support, Analyst Says

Coins Legend August 5, 2025 0

A crypto trader and analyst asserts that XRP’s bullish momentum is still intact despite a recent correction. The analyst noted that XRP’s response to the $2.75 level was crucial, and the asset has successfully reclaimed the $3 resistance level. Key Support and Resistance Levels According to Casitrades, an expert crypto trader and analyst, XRP’s bullish […]

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MEI Pharma’s Crypto Treasury Move: 930,000 Litecoin Tokens Acquired

Coins Legend August 5, 2025 0

MEI Pharma Inc. has become the first U.S.-listed public company to adopt litecoin ( LTC) as a primary reserve asset, deploying $100 million from a recent stock sale to acquire 929,548 tokens of the cryptocurrency. Litecoin Creator Charlie Lee Joins MEI Pharma’s Board The clinical-stage biopharmaceutical company (Nasdaq: MEIP) disclosed the LTC acquisition in an […]

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Bit Mining Executes Solana Plan: Buys Over 27,000 SOL, Runs Validator

Coins Legend August 5, 2025 0

Bit Mining has purchased 27,191 solana ( SOL) tokens and launched its first Solana network validator, marking a significant step in its strategic shift towards the ecosystem. New Validator Marks Bit Mining’s Deeper Solana Push The company told Bitcoin.com News that it spent approximately $4.89 million to acquire the solana ( SOL), establishing what it […]

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$333 Million Exits Bitcoin ETFs With Record Outflow of $465 Million for Ether ETFs

Coins Legend August 5, 2025 0

Bitcoin exchange-traded funds (ETFs) faced a $333 million setback as ether ETFs posted their largest single-day exit on record with $465 million in outflows, signaling a sharp shift in investor sentiment. Combined, the crypto ETF market lost nearly $800 million in one trading session. Crypto ETF Sell-Off: Bitcoin and Ether Funds Post $798 Million Combined […]

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Coinbase Reveals Private Sale of $2 Billion in Convertible Notes

Coins Legend August 5, 2025 0

Coinbase Global Inc. revealed Tuesday it’s gearing up to raise $2 billion through a private sale of convertible senior notes. Proceeds Targeted for Capped Calls, Expansion, Acquisitions and Fresh Investments The crypto firm, Coinbase Global Inc. (Nasdaq: COIN) plans to issue $1 billion in notes maturing in 2029 and another $1 billion maturing in 2032. […]