12 Aug 2025, 10:10

Texas Utility Regulator Sues Attorney General to Keep Crypto Mining Data Secret Over Terrorism Fears

The Public Utility Commission (PUC) of Texas has taken the unusual step of suing state Attorney General Ken Paxton in an effort to block the release of cryptocurrency mining data, arguing that public disclosure could endanger the state’s energy grid. Key Takeaways: Texas’s utility regulator is suing the state attorney general to block the release of detailed crypto mining data. ERCOT estimates crypto mining already uses as much power as Austin, with far more capacity planned. Lawmakers mandated large mines to register, but the public still lacks access to the filings. The lawsuit, filed in June, challenges a ruling from Paxton’s office that would have required the PUC to release information to reporters from Straight Arrow News and The Texas Tribune . The journalists had requested details from registration filings under Senate Bill 1929, including facility names, locations, ownership, and power usage. Texas Crypto Mining Boom Grows, but True Scale Remains Opaque Texas has emerged as one of the largest cryptocurrency mining hubs in the United States, but the full scale of its operations remains opaque. In 2024, the Electric Reliability Council of Texas (ERCOT) estimated that crypto mining could already account for around 2,600 megawatts of power demand, roughly equal to the city of Austin’s electricity use on a hot summer day. Additional projects are on the way: utility giant AEP recently disclosed that cryptocurrency mines with a combined load of 5,000 megawatts are planned in its Texas service area alone. The state’s electricity demand is projected to nearly double by 2030, with Bitcoin mining a major driver. While lawmakers passed SB 1929 in 2023 to require large-scale crypto mines, those consuming more than 75 megawatts, to register with the PUC by February 2025, the public has yet to see the detailed information those registrations contain. After the PUC denied the media requests earlier this year, the journalists appealed to Paxton’s office, which in May largely sided with them. Amusing to watch people explaining why Texas power prices have stayed low, by drawing charts and inferences that don't mention Texas has 3.5 GW of Bitcoin mining which Brad Jones (Texas Grid's former CEO) said back in 2022 is what "keeps electricity prices low for all Texans" pic.twitter.com/ra586mBtGO — Daniel Batten (@DSBatten) June 25, 2025 However, the commission, whose members are appointed by Gov. Greg Abbott, is now seeking a court order to keep the information sealed. “In the wrong hands, this information could be used by terrorists to plan attacks on Texas’s energy grid and critical infrastructure,” PUC lawyers wrote in a June 27 filing. Chinese Roots Still Dominate Global Bitcoin Mining As reported, over half of the world’s Bitcoin mining operations still trace their origins to China , with 55% to 65% of mining linked to Chinese capital, hardware, or expertise, according to Uminers CEO Batyr Hydyrov. Despite China’s 2021 mining ban, key Chinese players have maintained influence by relocating operations overseas. Major Chinese manufacturers Bitmain, Canaan, and MicroBT, responsible for 99% of Bitcoin mining hardware, have shifted production to the U.S. to avoid tariffs, helping boost America’s share of Bitcoin’s total hashrate from 4% in 2019 to 38% today. Hydyrov added that former Chinese miners have often increased capacity after moving abroad, with some expanding by up to 150%, and noted that limited mining still persists within China’s remote regions where enforcement is lax. Meanwhile, in Iran, officials have raised concerns over the rising strain crypto mining is placing on the nation’s electricity grid, claiming that the activity now contributes to as much as 20% of the country’s energy imbalance. The post Texas Utility Regulator Sues Attorney General to Keep Crypto Mining Data Secret Over Terrorism Fears appeared first on Cryptonews .

12 Aug 2025, 10:09

Ether Traders Lock in Profits as Price Tests $4,300, What’s Ahead?

Ether holders are beginning to cash in gains as the cryptocurrency hovers around the $4,300 mark, with data suggesting that short-term traders are leading the wave of profit-taking. On-chain analytics firm Glassnode reported that short-term holders — those who have owned Ether for less than 155 days — have been realizing gains at a faster pace than long-term investors, hinting at concerns over a potential pullback. “Short-term investors are realizing far more gains, driving the current wave,” Glassnode said in an X post on Monday. Data shows that Ether profit realization, measured by the seven-day simple moving average, is currently around $553 million per day, with most of this activity coming from short-term traders. Long-term holders, in contrast, are taking profits at levels similar to those seen in December 2024. Short-Term Gains Outpace Long-Term Moves Despite the recent selling pressure, overall profit-taking remains about 39% lower than the peak levels recorded last month, when ETH traded near $3,500. Over the past 30 days, ETH price has climbed 43%, reaching $4,283 as of Monday, according to data from Nansen. Ether still sits roughly 12.7% below its all-time high of $4,828 set in November 2021. However, data from CoinGlass shows that approximately $2.23 billion in leveraged positions could be liquidated if ETH approaches $4,700 — a level that may act as a psychological and technical barrier. Market sentiment remains cautious, influenced in part by Ether’s earlier struggles this year. In March, the cryptocurrency dipped below $2,000, and several attempted rallies failed before the recent breakout. Notably, BitMEX co-founder Arthur Hayes revealed that he repurchased ETH just a week after selling $10.5 million worth at $3,507, signaling renewed confidence despite the mixed signals in the market . $4,300 Emerges as a Key Ether Price Threshold Since Sunday, ETH has briefly traded above $4,300 on multiple occasions but has struggled to hold the level. Analysts say institutional demand is rising, but opinions remain divided on whether prices will continue to push upward in the short term. Santiment analyst Brian Quinlivan warned over the weekend that public announcements of major institutional purchases can sometimes trigger fear of missing out (FOMO) among retail traders — which paradoxically may stall or reverse upward momentum. Meanwhile, data shows that companies holding Ether in their corporate treasuries now collectively own 3.04 million ETH, valued at about $13 billion. This growing institutional presence could provide a long-term bullish underpinning, even as short-term traders lock in profits. The post Ether Traders Lock in Profits as Price Tests $4,300, What’s Ahead? appeared first on TheCoinrise.com .

12 Aug 2025, 10:05

Analyst Says XRP Season Is Here Based On This Ethereum Liquidity Action

Recent developments in the cryptocurrency market signal a significant shift for Ethereum (ETH) and XRP holders. Market dynamics are witnessing what crypto expert Levi Rietveld describes as an amazing phenomenon, as Ethereum experiences a surge in liquidity. Rietveld notes that this influx often leads to wider ramifications, stating that “what happens very shortly thereafter is absolute pandemonium for the rest of the altcoin space.” XRP is also seeing increased activity from whales and other sources, and this liquidity injection into the altcoins highlights renewed investor confidence, driven by both market behavior and broader institutional interest. THE #XRP SEASON IS HERE!! pic.twitter.com/dtW8eilLqo — Levi | Crypto Crusaders (@LeviRietveld) August 11, 2025 Ethereum’s Near-Term Outlook Rietveld shared a video from Tom Lee, Chairman at BitMine Immersion Technologies, which provided insights into Ethereum’s trajectory. According to Lee, Ethereum is undergoing a transformative period reminiscent of Bitcoin’s 2017 rise. He explained that Ethereum is now capturing Wall Street’s attention, which is contributing to its upward momentum. However, Lee emphasizes that short-term pricing does not always reflect Ethereum’s fair value. He pointed to recent market conditions, noting that the asset recently reached $3,300 because “there are folks who have liquidation levels, or they’re doing pair trades.” Despite these fluctuations, he is optimistic about Ethereum’s immediate prospects, suggesting it could reach $4,000 soon. Other experts have matched his bullish stance, with some setting targets as high as $6,400 . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Institutional Backing and the Broader Impact on XRP Wall Street’s increasing involvement with Ethereum could mark a turning point for the cryptocurrency. Lee suggested that Ethereum’s current narrative is stronger than it was in late 2021, when it reached $4,000. This renewed institutional backing may provide the foundation for sustained growth, not just for Ethereum but for the broader altcoin market. As Rietveld hinted, Ethereum’s rise often creates a ripple effect in the cryptocurrency ecosystem. Veteran trader Peter Brandt recently confirmed that the alt season has begun , and increased liquidity and investor interest in Ethereum can lead to heightened activity across other altcoins, such as XRP, which have consistently outperformed ETH in 2025. The combination of growing liquidity for XRP, Ethereum’s potential to reach new price levels, and institutional interest positions the altcoin space for significant changes. While Ethereum’s near-term price predictions remain speculative, its improving narrative and market behavior suggest a pivotal moment is unfolding. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Analyst Says XRP Season Is Here Based On This Ethereum Liquidity Action appeared first on Times Tabloid .

12 Aug 2025, 10:01

Dogecoin Live News Today: Latest Insights for Doge Lovers (August 12)

Stay Ahead with Our Immediate Analysis of Today’s Dogecoin Updates Check out our Live Dogecoin Updates for August 12, 2025! In 2025, Dogecoin stands shoulder-to-shoulder next to Bitcoin. One is the first cryptocurrency, while our doggo friend is widely recognized as the first meme coin. Launched in 2013, $DOGE is up by over 39,000% today, looking at a price of over $0.22 and a trading volume in the billions of dollars. If anything, Dogecoin proves that ‘anything is possible’ in crypto, and even underdogs can become industry giants. With endorsements from industry moguls like Elon Musk and official investment vehicles like the Grayscale Dogecoin Trust, $DOGE seems to be going nowhere but up. Click to learn more about Maxi Doge Maxi Doge ($MAXI) is Dogecoin’s bodybuilder cousin chugging Red Bull and scalping cryptos at 3AM in the morning. Embodying full-send chaos and pump potential 2.0, $MAXI is for degen traders who don’t hesitate and keep diamond hands on some of the riskiest plays. While meme coins are a dime a dozen, Maxi Doge is max-commitment, max cojones, and aiming for legend status in the memecoin land. Simply put, if rat poison squared took form, it would probably look like Maxi Doge. And this meme coin is still in presale. If you’re looking for the newest insights on Dogecoin and doge-related projects and meme coins, you’re in the right place. We update this page frequently throughout the day, as we get the latest and greatest insider insights for Doge lovers and memecoin enthusiasts, so keep refreshing! Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Today’s Dogecoin Technical Analysis Dogecoin’s drop in the last few hours is, for all intents and purposes, a healthy correction, mainly because it now appears to be finding support at the 50% Fibonacci retracement level, drawn from the 6-hour low of $0.19562. Interestingly, this same area (highlighted by the blue rectangle) also served as a key support zone in late July, when $DOGE bounced nearly 12% from it. A similar rally could be shaping up again, especially since the zone also aligns with the upper boundary of the Fibonacci range mentioned above. However, for that to play out, $DOGE must first deliver a strong breakout from the falling wedge pattern forming on the hourly chart. With the 200 EMA sitting just beneath as solid support, the odds of such a breakout look favorable. On the daily chart, $DOGE remains within a triangle pattern. While current momentum suggests a potential breakout to the upside, higher-timeframe resistances like this are always significant and shouldn’t be overlooked in any bullish scenario. Max Out MaxiDoge Gains with Crypto Space Flight and Blue Origin August 12, 2025 • 10:00 UTC Jeff Bezos brings space a bit closer to home – at least for crypto whales. Partnering with Shift4 , his Blue Origins spaceflight company now accepts crypto payments. There’s a $150K deposit, so this isn’t for your average Joe. Big crypto HODLers – the ones with big bags of hot tokens like Maxi Doge ($MAXI) – will have the option of deploying some of their tokens, including Bitcoin and Ethereum, for a chance to leave this world behind. Blue Origin’s crypto connections run deep – crypto entrepreneur Justin Sun famously paid $28M for the first-ever seat back in 2021. Maxi Doge ($MAXI) boosts your crypto bags through an endless pump and an energy-drink haze. The result? Everything that made Dogecoin great – but even better, with Maxi Doge. Check out the Maxi Doge presale page today. AI Chatbot Gemini Picks Maxi Doge ($MAXI) as the Next Crypto to Explode August 12, 2025 • 10:00 UTC Gemini’s next-level ability to sweep Google Search for the latest crypto developments puts it in a unique position to pinpoint the best tokens to ride the brewing altcoin boom. And with its top pick, Gemini really hit it out of the park. It didn’t settle for a mainstream token that’s already had its moonshot. Instead, it went with Maxi Doge ($MAXI), a new meme coin in presale fronted by a ripped, furious, 1000x-leveraging Shiba Inu mascot. $MAXI’s absurd bottom line – outpacing $DOGE’s market cap and lifetime gains – combined with a suite of holder perks, including weekly trading competitions and leaderboard prizes, has captured the fancy of meme coin degens, who have already poured a chunky $726K into its presale purse. Visit Maxi Doge’s official website for more information.

12 Aug 2025, 10:01

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (August 12)

Stay Ahead with Our Immediate Analysis of Today’s Bitcoin & Bitcoin Hyper Insights Check out our Live Bitcoin Hyper Updates for August 12, 2025! In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and now it’s sitting at over $100K, after hitting an ATH of $123K in July. Historically, if you’d invested in Bitcoin at launch, you’d have an ROI of 188,643,000%. The likes of Mastercard, JP Morgan, and scores of S&P 500 companies are buying Bitcoin in droves. There’s never been anything like Bitcoin before, and investors are waking up to that reality. However, Bitcoin is getting old for modern standards. No dApps, no smart contracts, and almost non-existent DeFi scalability. It needs an upgrade. And that’s what Bitcoin Hyper ($HYPER) is here to do with Layer-2 technology. Click to learn more about Bitcoin Hyper Bitcoin Hyper ($HYPER) is a crypto project planning to launch the fastest Layer-2 chain for Bitcoin. Its goal – to bring Bitcoin’s blockchain to modern standards. This means compatibility with dApps, smart contracts, and seamless DeFi programmability for developers. The L2 will run on a Canonical Bridge, combined with the Solana Virtual Machine (SVM), for native compatibility with Solana. You’ll be able to build token programs, LP logic, oracles, games, NFT infrastructure, DAOs, and much more. All without reinventing the wheel. To engage with the L2, you’ll deposit $BTC to a designated address monitored by the Canonical Bridge. The Relay Program verifies the details, and then mints an equivalent number of wrapped $BTC on the L2. You can also withdraw your original $BTC at any time. If you’re looking for the newest insights on Bitcoin and Bitcoin Hyper, you’re in the right place. We update this page regularly throughout the day with the latest insider insights for Bitcoin maxis and Bitcoin Hyper fans. Keep refreshing to stay ahead of the pack! Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you. HOW TO BUY $HYPER Today’s Bitcoin Technical Analysis Even though Bitcoin ($BTC) gave back almost all the gains from yesterday morning’s rally by the close, it remains firmly in bullish territory. $BTC is now taking support on the same downward-sloping channel (shown by blue lines in the image below) it broke yesterday. This is a classic bullish setup where a former resistance level flips into support, often signaling that market sentiment has shifted in favor of buyers. Even better, the token also appears to be holding above the 61.8% Fibonacci retracement level and the 20-period exponential moving average (EMA) on the 4-hour chart – both indicators suggesting that $BTC has undergone an ideal pullback and is ready to resume its upward trend. And if we zoom out, the current price is also resting on an upward-sloping trendline (yellow line). This adds a strong layer of confluence to the bullish case and reinforces the idea that we’re likely in for a jump, not a decline. Bitcoin Hyper Could Benefit as MARA Makes $168M AI Move August 12, 2025 • 10:00 UTC Bitcoin miner MARA has just announced a major $168M partnership. MARA has made a deal to acquire a 64% stake in Exaion , a French EDF subsidiary specializing in AI, HPC, and cloud services, with partnerships including Nvidia and Deloitte. This move marks MARA’s biggest diversification yet as mining difficulty hits record highs and profitability margins tighten. With a $6B Bitcoin treasury , MARA has the resources to make bold tech bets while securing its long-term position. That same demand for scalable, high-speed infrastructure is fueling interest in Bitcoin Hyper ($HYPER) , the first true Bitcoin Layer 2 enabling instant, near-zero transactions. Check out our what is Bitcoin Hyper guide to learn more about this revolutionary project. Bitcoin Hyper Unlocks DeFi for Bitcoin Even as Ethereum Surges August 12, 2025 • 10:00 UTC Transactions are booming, with transaction volumes on the network growing on the back of $ETH’s own price increase. There were 1.7M transactions on the network on 11 August. The Ethereum network, always undergoing upgrades and improvements thanks to Vitalik Buterin and the Ethereum Foundation, recently raised the gas limit, permitting more transactions per block. The upgrade seems to have paid off, make DeFi more affordable. That’s where Bitcoin Hyper ($HYPER) fits in also. $HYPER upgrades Bitcoin, leveraging the Solana Virtual Machine (SVM to unlock all of Bitcoin’s DeFi potential in a new Layer 2 solution. Take a closer look at our guide to see what Bitcoin Hyper’s planning to do.

12 Aug 2025, 10:00

This Hidden Gem Could 59x in ROI, With ETH Surging 20.9% to $4,220 as Backdrop

Ethereum (ETH)’s impressive rally to $4,220, marking a 20.9% surge, has rekindled excitement across the crypto market, especially for projects that promise real utility combined with strong growth prospects. Among these, Mutuum Finance (MUTM) stands out as a promising utility token, positioned to deliver an extraordinary 59x return on investment. Unlike many speculative tokens, MUTM is being built on a solid foundation, preparing for a beta launch that will bring to life its unique dual lending systems — Peer-to-Contract (P2C) and Peer-to-Peer (P2P). This tangible utility, alongside a Layer-2 network upgrade designed to drastically cut transaction costs and accelerate processing speeds, is setting the stage for lasting success. ETH Surging 20.9% Ethereum (ETH) soared 20.9% over the past week, reaching ~$4,220 on August 8, 2025, driven by record ETF inflows and whale accumulation, per CoinMarketCap data. Spot Ethereum (ETH) ETFs saw $533.8 million in net inflows on August 7, led by BlackRock’s ETHA ($426.22M), pushing total ETF assets to $10 billion, per SoSoValue. Whale purchases, including a $114 million buy by wallet 0xF436, and exchange outflows of 1M ETH tightened supply, per CryptoQuant. Technical indicators show ETH breaking $4,000 resistance, with RSI at 72 (overbought) and support at $3,820. The GENIUS Act’s regulatory clarity and anticipation for the Pectra upgrade (Q1 2026) fuel optimism. However, $2.2 billion in staking withdrawals and macro pressures like U.S. tariffs pose risks. A sustained move above $4,220 could target $4,500, but a drop below $3,820 risks $3,650. Real Utility and Strategic Growth Drive MUTM’s Value What sets Mutuum Finance (MUTM) apart is its comprehensive approach to decentralized finance. The platform’s dual lending system is designed to appeal to a broad spectrum of users. The Peer-to-Contract (P2C) model offers stability by enabling loans secured with high-quality collateral such as Ethereum (ETH), providing lenders with steady, reliable returns. Meanwhile, the Peer-to-Peer (P2P) lending framework caters to more adventurous investors who engage in negotiated terms for higher risk, higher reward deals. This flexibility creates a vibrant, dynamic ecosystem that supports both conservative and speculative investment strategies. Mutuum Finance (MUTM) is actively preparing for a Layer-2 integration, which will be a game changer for the platform. By significantly lowering transaction fees and boosting throughput, Layer-2 will make MUTM’s ecosystem accessible to more users, facilitating rapid adoption. Users will have the opportunity to stake mtTokens within designated smart contracts, earning MUTM rewards funded by the platform’s future revenue and buyback initiatives. These features are designed to build a sustainable demand for MUTM tokens, ensuring that users benefit from the platform’s growth and revenue generation. Currently in Phase 6 of its presale, Mutuum Finance (MUTM) has raised approximately $14.3 million. The token is priced at $0.035, with 15% of the supply already sold to more than 15,100 enthusiastic holders. This strong presale performance reflects growing community trust and interest. The next presale phase will see a 15% price increase to $0.040, making now a critical window for investors to secure tokens at a discounted rate before the upward price adjustment. One of the most compelling reasons for confidence in MUTM is the project’s rigorous security and transparency, verified by a detailed CertiK audit. Achieving a high Token Scan Score of 95 and a Skynet Score of 78, Mutuum Finance (MUTM) demonstrates robust defenses against vulnerabilities, helping to build trust among investors and users alike. The project’s active social presence, with over 12,000 Twitter followers, further signals a vibrant, engaged community backing the platform’s mission. Early Investors Set to Reap Massive Rewards Consider the journey of an early investor who committed $50,000 during Phase 1 when MUTM tokens were priced at just $0.01. As the presale progresses into Phase 6 at $0.035, this investor’s holdings have already grown by 250%. Looking ahead, with a potential 59x return on investment, that initial $50,000 investment will transform into nearly $2.95 million, showcasing the extraordinary upside available to early backers. Mutuum Finance (MUTM) is not stopping there. The upcoming launch of its decentralized $1 stablecoin will further enhance the ecosystem’s utility, providing a trusted, collateral-backed currency that facilitates borrowing and lending with price stability. This development will be a major milestone, adding another layer of value to the platform and its token. Moreover, the MUTM ecosystem is designed to incentivize participation continuously. As users stake their mtTokens in smart contracts, they will receive MUTM rewards funded by future revenues and systematic token buybacks on the open market. These buybacks will reduce circulating supply over time, driving scarcity organically without relying on vague buzzwords. Such a demand mechanism is critical for sustained price appreciation. The team behind Mutuum Finance (MUTM) is also aiming for listings on leading centralized exchanges such as Coinbase, Binance, KuCoin, and Kraken. These high-profile listings will provide liquidity, increase visibility, and enable easier access for a broader audience of investors. When combined with the beta platform launch, this will mark a pivotal phase of adoption and growth. As Phase 6 nears a 15% sellout and the token price prepares to jump to $0.040 in the next phase, this is one of the final chances for investors to acquire MUTM at an attractive price point. The project’s transparent roadmap, backed by strong community support and rigorous security, makes Mutuum Finance (MUTM) a rare opportunity in today’s crypto landscape. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post This Hidden Gem Could 59x in ROI, With ETH Surging 20.9% to $4,220 as Backdrop appeared first on Times Tabloid .