News
15 Aug 2025, 18:56
New York Crypto Tax Could Generate $158 Million a Year, Says Lawmaker
New York Assemblymember Phil Steck introduced legislation that would charge an 0.2% tax on crypto transactions across the Empire State.
15 Aug 2025, 18:46
How Bitcoin could hit $400K by year-end, according to Udi Wertheimer
A new type of buyer who “never sells” is scooping up Bitcoin from long-time holders — a bullish catalyst for BTC, says Bitcoin OG Udi Wertheimer in an exclusive Cointelegraph interview.
15 Aug 2025, 18:45
How BNB’s Utility, Institutional Backing, and Price Discovery are Fueling its Rally
BNB’s market capitalization crossed $119 billion, overtaking global companies like Nike and SoftBank. On Thursday, BNB marked its all-time high by surpassing $866. BNB now surpasses Ethereum in having over 1% of its supply held in public company treasuries. BNB’s (Binance Coin) market capitalization has soared above $119 billion, overtaking global companies like Nike and SoftBank. Ali Martinez, a well-known crypto analyst, says he feels bullish on BNB , pointing out that it has been one of the best-performing cryptocurrencies this year, hitting new record high prices. Martinez also mentioned that BNB’s recent success is due to big institutional adoption, with public companies, a sovereign fund, and even treasury arms holding positions valued at hundreds of millions of dollars. “Owning BNB is like owning a piece of Binance”, Martinez said in his X post. BNB reached a new all-time high, by rallying above $866, with some analysts now vying $900 as the next short-term target. Bullish technicals setting the stage for a potential push toward $2,000. Transaction volume on BNB Chain’s decentralized exchanges surged 66% last week to $31 billion, supporte… The post How BNB’s Utility, Institutional Backing, and Price Discovery are Fueling its Rally appeared first on Coin Edition .
15 Aug 2025, 18:42
Ethereum Price Prediction: ETH And PEPE Enthusiasts Pivot To This Dynamic 150x Meme Coin Explosion
The crypto market is buzzing as the Ethereum Price Prediction narrative starts to shift toward a new contender: Layer Brett . With its presale now live and analysts suggesting $LBRETT could deliver a 150x run, early adopters are paying attention. This project merges Ethereum Layer 2 speed and scalability with meme coin energy, offering huge staking rewards and ultra-low transaction costs. While established names like ETH and PEPE dominate headlines, investors seeking the next big crypto presale are eyeing Layer Brett as a potential breakout star among top altcoins. ETH, PEPE, and the meme coin legacy Both ETH and PEPE have set benchmarks for success in their respective niches. Ethereum, the foundation of most ERC-20 tokens and Web3 applications, remains the leading network for DeFi coins, smart contracts, and NFT platforms. Still, Ethereum’s mainnet comes with drawbacks. Heavy network traffic often leads to slow transaction times and gas fees that can jump past $10, making it less practical for smaller trades or emerging low-cap projects. On the other hand, PEPE has carved out its spot as a leading meme coin, riding waves of viral attention and strong community engagement. But like many in the meme category, its real-world use cases remain thin, leaving its value heavily dependent on market sentiment and online trends. This is where Layer Brett sets itself apart. Unlike Shiba Inu, which has recently focused on aggressive burn campaigns, or Bonk, another meme-driven altcoin, Layer Brett blends meme culture with the speed, scalability, and affordability of Ethereum Layer 2. By processing transactions offchain while anchoring to Ethereum’s security, Layer Brett delivers near-instant confirmations and fees under $0.01, a massive improvement over both ETH and PEPE. Why Layer Brett could outpace ETH and PEPE: Ethereum Price Prediction in focus The Layer Brett presale is currently in its earliest stage, with $LBRETT priced at just $0.0042. Investors can purchase using ETH, USDT, or BNB through MetaMask or Trust Wallet, making entry quick and simple. Early participants also gain access to some of the most impressive staking yields in the market, with APYs starting above 25,000% and scaling down as more tokens are locked in. This blend of high APY, scalability, and meme appeal positions Layer Brett ahead of established meme coins like Dogecoin, PEPE, and Brett (original), which lack the same balance of utility and explosive yield potential. Key selling points for Layer Brett: Layer 2 scalability: 10,000+ TPS capacity. Ultra-low fees: Transactions for under $0.01 versus $10+ on Ethereum. Massive staking rewards: Early APYs reaching hundreds of thousands of percent. Community focus: $1 million giveaway and multiple social engagement channels. More than just hype-driven growth Unlike many meme coins that rely solely on viral buzz, Layer Brett integrates real DeFi and Web3 functionality from the start. Its roadmap includes gamified staking, NFT tie-ins, and cross-chain bridge capabilities to broaden ecosystem reach. With a fixed supply of 10 billion tokens, its tokenomics are transparent and designed to sustain growth during the anticipated crypto bull run of 2025. Conclusion: A rare early-stage opportunity As the Ethereum Price Prediction discussion evolves, Layer Brett is emerging as a serious contender to outperform not only ETH and PEPE but also other major meme tokens like Shiba Inu, Bonk, and Brett (original). With its presale live, ultra-low fees, Layer 2 performance, and huge staking incentives, $LBRETT offers the kind of early-stage potential traders dream about. Opportunities like this rarely last long in crypto. Secure your share of the most scalable meme project on Ethereum Layer 2 before the presale closes. Visit LayerBrett.com today, buy $LBRETT, and stake for your piece of the next 150x success story. This opportunity won’t stay open long. Secure your $LBRETT now before it takes off. Presale: LayerBrett | Fast & Rewarding Layer 2 Blockchain Telegram: Telegram: View @layerbrett X: (1) Layer Brett (@LayerBrett) / X
15 Aug 2025, 18:40
The Trump administration is considering investing in Intel using CHIPS Act funds
On Friday, August 15, Gil Luria, the head of Technology Research, pointed out the urgency of the government’s intelligence participation in Intel’s operations to enhance national security. His comments followed news that the Trump administration is considering investing in the tech giant. In an interview, Luria noted that while they generally oppose government control over private companies , the current circumstances leave little choice—arguing that direct government participation is now essential to safeguard the nation’s security. Washington’s plan to invest in Intel sparked endless controversy among individuals On Thursday, August 14, a reliable source reported that Trump’s administration is eyeing Intel to invest significantly in the tech ecosystem. Individuals received the news with mixed reactions. Some criticized the US government’s plan, stating that since the chip maker is a struggling tech company, its intention to invest in the firm is mainly about taking full control of its operation amid the AI boom era. Others have pointed out that the US government’s involvement in the tech firm’s operations has a significant advantage. They cite the recent market data showing a 7% gain in $INTC as evidence that government involvement could boost the company’s prospects . Considering the steep competition surrounding semiconductor manufacturers and the ongoing concerns raised about national security, the debates concerning Intel’s fate are heating up among investors. They tend to consider the tech firm’s future productive capacity and the political backing put in place to support Intel’s slow-paced development. When asked to comment on the topic of discussion, Intel decided not to respond. Aside from national security concerns, Luria highlighted the advantages of this investment. For Luria, this investment is a game-changer for Intel’s development. Additionally, it will solidify its position as a global chip supplier to the US, reducing the country’s dependence on its rivals such as Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung. He based his argument on US President Donald Trump’s earlier claims to increase the production of chips and advanced technology in the country. Still, it remains uncertain how Trump’s administration will affect Intel’s operations and the criteria they will apply while investing. What has been disclosed is that the officials will use funds from the CHIPS Act to make the investment. What has been disclosed is that the officials will use funds from the CHIPS Act to invest. Intel funding under scrutiny as analysts call for government oversight Under the CHIPS Act , the Department of Commerce provided Intel $7.9 billion and an additional $3 billion to support the Pentagon’s Secure Enclave program. Concerning this donation, Luria commented that this was among the chances Intel had to develop, but it did not succeed. The analyst called on the government’s intelligence to step in to curb this. According to him, Trump’s administration will give Intel unfair benefits, and if this takes place, the administration will be eligible to own a share of the business. To demonstrate the intense nature of the situation, Lip-Bu Tan, the CEO of Intel, met with Trump at the White House on Monday, August 11, days after the US president asked the chief executive officer to step down, alleging that he had formed strong connections with China. Luria echoed recent remarks by OpenAI CEO Sam Altman and Meta CEO Mark Zuckerberg, who stressed the need for government involvement in the tech sector, particularly in light of concerns that superintelligent AI could trigger a new era of nuclear arms proliferation. The analyst did not stop at this point; he further emphasized that they cannot sit back and watch someone else make shell casings for their nuclear arsenals. Hence, he urged that the relevant authorities should be called on to take the correct measures. The smartest crypto minds already read our newsletter. Want in? Join them .
15 Aug 2025, 18:38
Weekly Crypto Regulation Roundup: Trump Media’s Bitcoin ETF and SEC Clarity Push
The past week in U.S. crypto regulation has been anything but quiet. A flurry of political pressure, legislative proposals, policy shifts, and industry positioning has kept the sector’s stakeholders on their toes. From the halls of Congress to state legislatures to the SEC’s policy desk, these developments reveal just how fragmented and fast-moving America’s crypto policy environment remains. Elizabeth Warren Sounds Alarm on “Weak” Crypto Oversight U.S. Senator Elizabeth Warren has once again sharpened her rhetoric on crypto regulation, warning in an August 11 MSNBC interview that the current framework is so underdeveloped that it could “blow up” the American economy. Warren argued that the patchwork of rules—and in some cases, their absence—leaves the financial system exposed to corruption risks, particularly involving high-profile political figures such as President Trump. @SenWarren warns current crypto framework could 'blow up' US economy while blasting GENIUS ACT and Trump's crypto business ventures as corruption risks. #Crypto #Regulation #US https://t.co/A1pgs3P8tA — Cryptonews.com (@cryptonews) August 11, 2025 She accused the industry of wielding outsized influence over legislation through lobbying, undermining consumer protection and financial stability. “Strong cryptocurrency regulation is essential, not industry-favorable legislation that endangers our economic stability,” Warren said. Her comments reinforce her position as one of Capitol Hill’s most vocal crypto skeptics and indicate that, in an election season, the political battle over digital assets will remain highly charged. Trump Media’s Spot Bitcoin ETF Pushes Forward Trump Media, the parent company of Truth Social, is pressing ahead with its ambitions to launch a spot Bitcoin ETF. This week, the firm filed an amended S-1 registration with the SEC, though conspicuously absent were key details such as the fund’s fee structure or ticker symbol. Crypto.com has been tapped as both the custodian and liquidity provider, while Yorkville America Digital will serve as the sponsor. Trump Media has filed an amendment to the S-1 registration with the SEC for its Bitcoin ETF, where https://t.co/U4D4dECttR will act as BTC custodian and liquidity provider. #TrumpMedia #BitcoinETF #Crypto .com https://t.co/Q8YIFbwjCN — Cryptonews.com (@cryptonews) August 12, 2025 Bloomberg Intelligence’s Eric Balchunas noted that the ETF may face an uphill battle to stand out in a crowded market already dominated by earlier entrants. If approved, the ETF would directly hold Bitcoin and track its price performance, with shares expected to trade on NYSE Arca. For Trump Media, the move positions the brand squarely at the intersection of politics, finance, and crypto, though SEC approval is far from guaranteed. Wisconsin Lawmakers Target Bitcoin ATMs At the state level, Wisconsin legislators are ramping up efforts to tighten oversight of cryptocurrency kiosks. Senate Bill 386, introduced on Monday, mirrors an Assembly bill filed just weeks earlier. Both aim to address fraud tied to the state’s 582 Bitcoin ATMs, which are often located in convenience stores and gas stations. Wisconsin legislators are making a renewed push to rein in crypto kiosks, filing a second bill aimed at curbing fraud tied to the machines. #ATMs #Crypto https://t.co/8TL92NeKIr — Cryptonews.com (@cryptonews) August 12, 2025 Lawmakers point to $247 million in fraud losses as a compelling reason to act, framing these machines as a weak link in consumer protection. The proposed rules could introduce stricter licensing, compliance, and reporting requirements for kiosk operators, potentially curbing access but also tightening controls against abuse. SEC Shifts Focus to Policy After Ripple Case Ends In a shift, the U.S. Securities and Exchange Commission appears ready to move from courtroom battles to policymaking. Commissioner Hester Peirce announced via X that the SEC’s case against Ripple has officially concluded. She called it a “welcome development” that frees up bandwidth for building a “clear regulatory framework for crypto.” The SEC will focus on creating a clear crypto regulatory framework after dismissing its case against Ripple, regulator Hester Peirce says. #SEC #Ripple https://t.co/wJNt21xQzs — Cryptonews.com (@cryptonews) August 12, 2025 SEC Chair Paul Atkins backed Peirce’s remarks, urging the agency to prioritize crafting explicit, innovation-friendly rules. “With this chapter closed, we now have an opportunity to shift our energy from the courtroom to the policy drafting table,” Atkins said. While the agency has faced criticism for its enforcement-heavy approach, this shift could indicate a recognition that prolonged litigation has done little to settle core regulatory questions. Banking Groups Warn of Stablecoin Yield Loophole Major U.S. banking associations are pressing Congress to close what they see as a dangerous gap in the GENIUS Act’s stablecoin provisions. In a letter this week, the Bank Policy Institute, alongside groups including the American Bankers Association and the Financial Services Forum, warned that current language could allow issuers to pay yield indirectly through affiliated platforms. US banks have warned that a gap in the GENIUS Act could allow stablecoin issuers to skirt restrictions on paying yield to holders. #Stablecoin #Crypto https://t.co/N7lSngpPof — Cryptonews.com (@cryptonews) August 13, 2025 They argued that without a fix, this “loophole” undermines the law’s intent to prevent stablecoin products from functioning like interest-bearing bank accounts without equivalent safeguards. The push shows the tension between traditional finance and emerging digital asset models and the intense lobbying around the fine print of new laws. Treasury Clarifies Strategic Bitcoin Reserve Plans U.S. Treasury Secretary Scott Bessent created a stir earlier this week when he appeared to rule out Bitcoin purchases for the country’s Strategic Bitcoin Reserve. By Thursday, he clarified the policy: the reserve will not buy coins outright but will instead be built from confiscated Bitcoin, which the government will stop selling. Treasury Sec. @SecScottBessent walked back his no-buy stance, saying the US Bitcoin reserve will grow through seized coins and neutral spending. #BTC #ScottBessent https://t.co/6Wh6Uqt8GL — Cryptonews.com (@cryptonews) August 15, 2025 Bessent told Fox News that the current reserve—valued between $15 billion and $20 billion—would be maintained and expanded under this approach. Later, in an X post, he reiterated that forfeited Bitcoin will serve as the foundation for the reserve, established under President Trump’s March executive order. The clarification leaves some uncertainty about the program’s long-term scope but reinforces that the U.S. will hold—rather than liquidate—seized digital assets. The Takeaway This week’s developments demonstrate the multi-layered nature of U.S. crypto regulation. Federal lawmakers are sharpening political narratives, state legislatures are targeting specific risk points like Bitcoin ATMs, the SEC is hinting at a new phase of rulemaking, and industry stakeholders are jockeying to shape the fine print of stablecoin and ETF frameworks. The crypto regulation environment remains highly dynamic and, at times, unpredictable. But taken together, these stories suggest a slow but steady shift toward more codified rules, even as political posturing and policy gaps continue to generate uncertainty. The post Weekly Crypto Regulation Roundup: Trump Media’s Bitcoin ETF and SEC Clarity Push appeared first on Cryptonews .
