11 Aug 2025, 21:15

Terraform Labs’ Do Kwon Prepares To Plead Guilty Over $40 Billion Collapse

Do Kwon, co-founder of blockchain company Terraform Labs, is anticipated to enter a guilty plea regarding US fraud charges tied to two cryptocurrencies that collectively lost approximately $40 billion in 2022. Court records revealed on Monday indicate that a conference for this purpose has been scheduled for August 12, 2025, at 10:30 a.m. in Courtroom 1305 of the Thurgood Marshall Courthouse in New York City. Do Kwon Set To Change Plea According to the court documents , the presiding judge has been informed that Do Kwon may change his plea, which marks a significant shift in his legal strategy. In advance of the hearing, defense counsel is expected to review any plea agreement with Kwon and prepare him to deliver a narrative allocution detailing the offenses to which he will plead guilty. The court has encouraged the defense to assist in crafting a statement that can be presented during the proceedings, emphasizing clarity and efficiency. Do Kwon’s legal troubles escalated following his extradition from Montenegro, where he had been detained for over a year after attempting to board a flight with falsified travel documents. His downfall began with the catastrophic failure of his digital currencies, which resulted in severe financial losses for countless investors. Federal prosecutors in Manhattan have charged him with a range of offenses, including securities fraud, wire fraud, commodities fraud, and conspiracy. Legal U-Turn Despite his previous assertions of innocence and claims of transparency in his business practices, the impending guilty plea could come as a shock to many, particularly given Kwon’s consistent denial of any wrongdoing. This unexpected shift follows a significant civil settlement in June 2024, where Do Kwon agreed to pay an $80 million fine to the US Securities and Exchange Commission (SEC) as part of a broader $4.55 billion settlement involving his company, Terraform Labs. Featured image from DALL-E, chart from TradingView.com

11 Aug 2025, 21:12

XRP Whales Transfer $108 Million to Coinbase Amid Price Rally and Potential Bullish Patterns

XRP’s recent price rally has seen whales transferring $108 million to Coinbase, raising concerns about potential sell-offs. Despite this, bullish patterns suggest a target of $3.80. Whales moved 33.396 million

11 Aug 2025, 21:10

Mara Holdings Secures Pivotal Exaion Acquisition for $170M

BitcoinWorld Mara Holdings Secures Pivotal Exaion Acquisition for $170M The digital asset landscape is constantly evolving, and companies are always seeking new avenues for growth. A significant development is unfolding as Mara Holdings , previously known as Marathon Digital, reportedly nears a transformative Exaion acquisition . This strategic move could redefine the company’s trajectory beyond its traditional crypto mining roots. What Does This Mara Holdings Deal Mean? Reports indicate that Mara Holdings is in the final stages of acquiring a 64% stake in Exaion, a subsidiary of the French energy giant EDF. This substantial deal is valued at approximately $170 million, marking a considerable commitment from Mara Holdings to diversify its portfolio. For a company primarily known for its Bitcoin mining operations, this potential Exaion acquisition signifies a deliberate shift. It signals an intent to broaden its technological footprint and explore new revenue streams outside the volatile cryptocurrency mining sector. Consequently, this could be seen as a strategic crypto mining investment into a broader digital infrastructure play. Exaion’s Expertise: Powering High-Performance Computing and AI Infrastructure Why is Exaion such an attractive target for Mara Holdings ? Exaion is not just any data center operator. It specializes in running state-of-the-art high-performance computing (HPC) data centers. These facilities are crucial for processing vast amounts of data at incredible speeds, supporting complex computational tasks vital for modern applications. Furthermore, Exaion provides essential cloud and AI infrastructure services. In today’s rapidly advancing technological world, access to robust AI capabilities and scalable cloud solutions is invaluable. This expertise aligns well with the growing demand for powerful computational resources across various industries, from scientific research to enterprise solutions. The synergy here is clear: Mara Holdings brings energy management and large-scale operational experience, while Exaion contributes specialized HPC and AI capabilities. This combination positions the combined entity for significant growth in the burgeoning digital infrastructure market, creating a powerful new force. Strategic Implications for Mara Holdings and Crypto Mining Investment This potential Exaion acquisition represents more than just a purchase; it’s a strategic pivot for Mara Holdings . By integrating Exaion’s operations, Mara Holdings can leverage its existing infrastructure and energy partnerships to support a wider range of services. This diversification could lead to more stable and predictable revenue streams, reducing reliance solely on Bitcoin mining rewards. Consider these key benefits: Diversified Revenue: Moving beyond pure crypto mining into HPC and AI offers new income avenues, mitigating market volatility. Enhanced Capabilities: Gaining expertise in cloud and AI infrastructure strengthens Mara’s technological prowess and service offerings. Market Position: This deal could elevate Mara Holdings to a key player in the broader digital infrastructure space, not just crypto. Future-Proofing: Investing in AI and HPC positions the company for future technological advancements and increasing demands for computational power. Ultimately, this bold move could also set a precedent for other large-scale crypto mining investment firms looking to expand their horizons and mitigate risks associated with single-asset exposure. The Future Landscape: High-Performance Computing Meets Digital Assets The intersection of high-performance computing and digital assets is becoming increasingly prominent. As AI models grow more complex and data processing needs skyrocket, the demand for specialized data centers like Exaion’s will only increase. Mara Holdings is strategically positioning itself at the forefront of this convergence. This deal highlights a broader trend where companies that originated in the crypto space are now exploring adjacent, high-growth sectors. The capabilities developed for efficient crypto mining – such as managing large-scale energy consumption and specialized hardware – are highly transferable to HPC and AI infrastructure , creating natural synergies. The successful integration of Exaion into Mara Holdings’ operations could serve as a blueprint for future mergers and acquisitions in the digital asset and tech infrastructure industries. It’s an exciting time to watch how these synergies unfold and contribute to the evolution of the digital economy. In conclusion, the impending Exaion acquisition by Mara Holdings is a landmark event. It signals a powerful strategic redirection, transforming a leading crypto miner into a diversified digital infrastructure powerhouse. This move promises to unlock new growth opportunities and solidify Mara Holdings’ position in the evolving tech landscape, making it a significant crypto mining investment story to watch. Frequently Asked Questions (FAQs) 1. What is Mara Holdings acquiring? Mara Holdings is in final talks to acquire a 64% stake in Exaion, a subsidiary of EDF, for approximately $170 million. 2. What does Exaion specialize in? Exaion operates high-performance computing data centers and provides cloud and AI infrastructure services, essential for advanced computational needs. 3. How does this acquisition benefit Mara Holdings? This acquisition allows Mara Holdings to diversify its revenue streams beyond crypto mining, expand into high-growth sectors like HPC and AI, and leverage its existing energy management expertise for broader digital infrastructure operations. 4. Is this a common trend for crypto mining companies? While not universally common, there is a growing trend for crypto companies to explore diversification into adjacent high-tech sectors like AI and HPC, utilizing their existing infrastructure and energy management capabilities to create new opportunities. 5. What is the significance of this deal for the digital asset industry? The Exaion acquisition by Mara Holdings could set a precedent for how crypto-native companies evolve, demonstrating a strategic shift towards broader digital infrastructure and AI, thereby influencing future investment and development trends in the sector. If you found this insight into Mara Holdings ‘ strategic move valuable, please consider sharing this article on your social media platforms! Your support helps us continue to deliver timely and relevant cryptocurrency news and analysis. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Mara Holdings Secures Pivotal Exaion Acquisition for $170M first appeared on BitcoinWorld and is written by Editorial Team

11 Aug 2025, 21:09

Last Week’s List of Altcoins Attracting the Most Investment from Institutions Was Published

According to CoinShares' weekly report, digital asset investment products recorded net inflows again last week, with total inflows reaching $572 million. Although an outflow of $1 billion was seen at the beginning of the week due to weak US employment data, there was an inflow of $1.57 billion after the US government allowed cryptocurrencies in 401(k) retirement plans. Ethereum ETPs led the week with $268 million in inflows, bringing total year-to-date inflows to $8.2 billion and pushing assets under management (AUM) to an all-time high of $32.6 billion. This represents an 82% year-to-date increase in 2025. Related News: BREAKING: Coinbase Allegedly Invests in This Altcoin - Here are the Details Bitcoin also recovered after a two-week surge, seeing $260 million in inflows. Among altcoins, Solana attracted $21.8 million, XRP $18.4 million, Near $10.1 million, Cardano $1.5 million, Chainlink $700,000, and Stellar $600,000. Regionally, the US recorded inflows of $608 million and Canada $16.5 million, while Europe, including Germany, Sweden and Switzerland, saw outflows totaling $54.3 million. *This is not investment advice. Continue Reading: Last Week’s List of Altcoins Attracting the Most Investment from Institutions Was Published

11 Aug 2025, 21:00

Bitcoin Price Eyes ATH With Falling Average Executed Order Size And Rising Retail Activity

Earlier today, Bitcoin (BTC) surged past $122,000 for the first time since July 13, coming close to a new all-time high (ATH) before paring some gains, trading slightly above $119,500 at the time of writing. Bitcoin Eyes New ATH With Retail-Driven Rally According to a recent CryptoQuant Quicktake post by contributor ShayanMarkets, the average executed order size in the Bitcoin futures market has declined significantly over the past few months. This suggests that the recent price rally is being driven primarily by retail investors rather than institutional players. Related Reading: Bitcoin Derivatives Data Signals Fear As Binance Net Taker Volume Turns Bearish For context, the average executed order size is calculated by dividing the total traded volume by the number of executed orders. This metric helps identify whether market activity is dominated by retail participants or large-scale investors. ShayanMarkets shared the following chart showing large yellow and green clusters in late 2024 and early 2025, which corresponded with substantial whale inflows and fueled strong bullish rallies. However, recent weeks have seen a noticeable rise in red clusters, indicating that smaller, retail-sized orders are taking a larger share of market activity. The analyst noted that historically, whale dominance near market peaks has often coincided with local tops. Whale involvement in the BTC futures market has declined since Q2 2025, which could mean that institutional buyers are either holding existing positions from lower levels or waiting for more favorable re-entry points. ShayanMarkets concluded: This dynamic leaves Bitcoin in a position where a bullish breakout above its prior ATH could materialize in the coming weeks, unless renewed whale activity emerges to offload positions, triggering a distribution phase. Recent on-chain analysis suggests that BTC may currently be in a distribution phase. In a separate CryptoQuant post, analyst BorisVest noted that investors are employing a strategy called Smart dollar-cost averaging (DCA) to accumulate BTC at current levels ahead of potential price appreciation. Smart DCA is an upgraded version of the traditional DCA strategy, where investment amounts and timing are adjusted based on market conditions instead of fixed intervals. In crypto, it often uses indicators like moving average or RSI to increase buying during undervaluation phases. Is BTC At Risk Of A Price Correction? While rising retail participation in the BTC futures market can signal organic demand for the flagship cryptocurrency, other indicators point to a possible price correction that could disrupt Bitcoin’s bullish momentum. Related Reading: Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers For example, fresh on-chain data shows an uptick in Binance whale-to-exchange flows, often a precursor to near-term price pullbacks. In addition, recent changes in Bitcoin whales’ realized cap suggest a degree of fragility in the market. That said, not all signals are bearish. Some analysts believe BTC could be gearing up for another rally in the second half of the year, with targets as high as $150,000. At press time, BTC trades at $119,583, up 0.8% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

11 Aug 2025, 21:00

XRP bulls eye $3.80 breakout after 20% rally – Traders, watch THESE levels!

XRP is heading north, but how far can it really go?