Ethereum News Official TheBitTimes.com

Amidst the ongoing Tesla (NASDAQ: TSLA) stock volatility, South Korean retail investors are rapidly pulling out of the equity in favor of cryptocurrencies. Specifically in August 2025, Tesla shares recorded net sales of $657 million in the country, marking the sharpest monthly outflow since at least 2019, according to Bloomberg calculations based on Korea Securities Depository data. Tesla stock performance among South Korean investors. Source: Bloomberg The sell-off highlights a growing shift in sentiment as Korean investors, once among Tesla’s most enthusiastic backers, move toward riskier alternatives such as cryptocurrencies.  To this end, Bitmine Immersion Technologies (BMNR), viewed as a proxy for Ethereum, attracted $253 million in net inflows during the same month. Notably, Tesla stock had consistently drawn inflows from Korean retail traders in recent years, particularly during the pandemic era when U.S. tech stocks surged.  However, over ...

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A new artificial intelligence (AI) screening system has identified more than 1,000 open-access journals showing signs of questionable publishing practices, many of which had gone undetected until now. The tool, which analysed some 15,000 titles, is being described as an early warning mechanism for publishers, indexing services and academic institutions. Researchers, however, stress that human oversight remains essential to confirm findings. Screening Surge: AI Tackles Predatory Publishing Developed by computer scientists at the University of Colorado Boulder , the tool reviewed journal websites and metadata to detect patterns linked to weak publishing standards. These included unusually fast publication times, excessive self-citation, poorly structured editorial boards and a lack of transparency on fees or licensing. In doing so, the system flagged more than 1,000 journals not previously known to be problematic. The AI is not meant to replace expert review, but r...

On Thursday, memecoin traders panicked as their sell buttons stopped working. In the Discord chat for Axiom, a popular trading platform that integrates with Solana-based memecoin generator Pump Fun, administrators admitted, “If you need to sell you can only do so on Pump Fun’s website.” Users reacted using the skull — or “dead” — emoji 166 times and threw up the middle finger emoji 44 more. Hundreds of complaints rained in as Axiom traders panicked to get out of positions, lost money, and requested refunds . Support tickets piled up beyond the abilities of normally responsive customer support agents. Screenshot of Axiom’s Discord on August 28, 2025. Axiom is a yCombinator-backed platform for trading Solana tokens. Via integrations like API, memecoin traders can usually execute purchases and sales of Pump Fun memecoins via Axiom. That ease ended abruptly on Thursday afternoon. Axiom traders lose as sell button malfunctions Axiom bl...

Ripple’s native token, XRP, is trading in the $3 range on Thursday, and bulls are waiting for its price to reach $4 and subsequently $5. It took seven years for the leading altcoin to reclaim the $3 mark, which it first left in 2018. Traders hope that the next jump from $3 to $5 will happen quickly, rather than waiting another seven years. This puts a lot of expectations on the altcoin, where investors are hopeful of riding another bull run for profits. Also Read: XRP: Buy Now Ahead of October, Expert Analyst Signals Surge How Will Ripple’s XRP Reach the $5 Milestone? Source: Reddit For Ripple’s XRP to reach $5, it needs to maneuver its circulating supply of 55 billion tokens and increase its market cap. The altcoin needs to see its market cap reach a minimum threshold of $275 billion. That’s close to another $97 billion, which might not be possible without an increase in the number of new investors. Traders who already hold XRP are less likely to keep investing ...

Ethereum (ETH) is poised to win the stablecoin boom as it becomes the blockchain of choice for Wall Street institutions entering the digital dollar era. That’s according to VanEck CEO Jan van Eck, who told Fox News Business in an interview that big financial institutions are likely to turn to Ethereum to handle stablecoin transactions. “Every bank and every financial services company has to have a way of taking in stablecoins,” van Eck said, warning that institutions risk losing customers if they fall behind. “I t’s going to be Ethereum.” He dubbed Ethereum the “Wall Street token,” adding that professional-grade, enterprise-ready infrastructure will likely favor ETH over other chains, or chains with “Ethereum kind of methodology.” The adoption of stablecoins by banks and financial institutions has accelerated after US President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GEN...

In a dramatic — and slightly odd — pronouncement, US Secretary of Commerce Howard Lutnick declared on national television that “the Department of Commerce is going to start issuing its statistics on the blockchain. He added, “We’re going to put GDP on the blockchain so people can use the blockchain for data, distribution, and then we’re going to make that available to the entire government, so all of you can do it.” So yeah, Lutnick — who held and attested to Tether’s reserves– doesn’t seem to understand what a blockchain is or how it works. Troubling? Only if you care about the global financial system . Howard Lutnick wants Tether to get an audit Read more: Pro-Tether Trump nominee Howard Lutnick to divest Deribit trading broker GDP on the blockchain? The Federal Reserve Economic Data (FRED) website is considered the global gold standard for accurate reporting of national economic data. Of course, that isn’t ...

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Sequans’ Bitcoin treasury plan has been officially filed with the SEC, as the French chipmaker moves to raise up to $200 million through its Sequans ATM equity program. The company actually plans to use these proceeds primarily for Bitcoin purchases, and they’re targeting a Bitcoin corporate reserves strategy that aims for 100,000 BTC by 2030, though the move also carries some shareholder dilution Bitcoin risks along with it. French Chipmaker Sequans Plans $200 Million Share Sale to Build Bitcoin Treasury ► https://t.co/MWzXsssLmt https://t.co/MWzXsssLmt — Decrypt (@DecryptMedia) August 26, 2025 Sequans ATM Equity Program Aims for 100K BTC Despite Risks The Sequans Bitcoin treasury plan enables the Paris-based semiconductor firm to actually issue American Depositary Shares at its discretion. Sequans already holds more than 3,000 Bitcoin right now, valued at roughly $331 million, and this makes it one of Europe’s largest corporate Bitcoin holders behind Germany’s ...

Ethereum’s (ETH) supply on centralized exchanges (CEXs) has dropped to just 18.5 million ETH, the lowest it’s been in years. In part, the decline comes as a result of the weakening Bitcoin (BTC) dominance, with investor demand increasingly tilting toward Ethereum due to its yield potential.  Accordingly, the market is speculating whether falling supply and rising demand could pave the way for a significant squeeze. Ethereum Exchange Reserve. Source: CryptoQuant Ethereum ever more popular as a long-term holding At press time, Ethereum’s total circulating supply stands at 120.7 million ETH, yet reserves on exchanges have now dropped to 18.5 million according to August 25 data from on-chain and market data analytics platform CryptoQuant . What’s more, roughly 29.6% of the cryptocurrency is now staked, with approximately $89.25 billion locked across staking protocols.  As alluded to, one reason for this is that yields are incentivizing long-term ho...

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US-based crypto exchange Coinbase says one digital asset sector may see astronomical growth in less than three years. In a new crypto market report, Coinbase says that the stablecoin market cap could reach $1.2 trillion by 2028, a more than 300% increase from the current level. “In our view, this doesn’t require unrealistically large or permanent rate dislocations to materialize; instead, it relies on incremental, policy-enabled adoption compounding over time.” Source: Coinbase/X Coinbase says that the market for dollar-pegged crypto assets is at a significant turning point and adoption may accelerate. “The stablecoin market is at an inflection point, with its growth resting on key factors like efficient ramps, broad distribution networks, and the evolving roles of market players. At a compound annual growth rate of around 65% (since 2021), the global stablecoin market cap has breached $275 billion as of mid-August 2025, with average adju...

Police in South Korea have arrested a 60-year-old fugitive behind a $13 million crypto scam after he was stopped for tossing a cigarette butt and tried to bribe his way out of further questioning.  The Seoul Metropolitan Police Agency announced today that, on Wednesday, authorities stopped a man in Seoul’s Gwanak District after he tried to run away from a cigarette he’d just discarded. Local outlets report that the man, identified only by his surname “A,” pleaded with police to “let me go just this once” while trying to hail a taxi. The man refused to give up his ID and told the officers, “I will give you money.” He then tried to flee the scene and was arrested. After subsequent questioning, investigators discovered that the careless smoker was also behind a 17.7 billion won ($12.6 million) crypto scam that defrauded roughly 1,300 people between 2018 and 2019.  50,000 bitcoin seized after criminal calls police on self Read more: Europol boun...