Crypto News
The crypto market is experiencing significant turbulence, with Bitcoin, XRP, and altcoins all sliding as the market erases a $100 billion rally, while altcoins have lost nearly $200B with 70% of Binance-listed coins falling below their 200-day moving averages. Adding to market uncertainty, Binance has lost its Chief Financial Officer just nine days after suffering a hack, while regulatory pressure continues with Binance France announcing the closure of user accounts by December 31. Despite the downturn, some analysts see opportunities, with commentary suggesting certain cryptocurrencies may be worth accumulating during this market correction.
XRP custody goes live for Korean institutions via BDACS amid ‘strong interest’
South Korea’s BDACS has rolled out institutional custody support for XRP, following its partnership with Ripple and integration with top South Korean exchanges.
Altseason Index and Ethereum Price Chart Look Equally Bullish, Last Chance to Stack Utility Altcoins
Altseason Index and Ethereum price chart look equally bullish. Analyst expects now to be the last chance to stack…
Whale Wave Hits DOGE: Will It Break the $0.25 Resistance Before the Week Closes?
The crypto assets are oscillating between green and red fields, as the market chooses to be indecisive.
Trump Threatens Sanctions on Banks Over Crypto Discrimination
Donald Trump plans to sign a presidential decree to protect crypto companies and other entities targeted by banking…
Binance Founder Changpeng Zhao Files Motion to Dismiss $1.8B FTX Lawsuit
CZ argued that a Delaware court has no authority over him in a case tied to 2021 crypto transfers from Sam Bankman-Fried.
Ripple CLO to Congress: Don’t Classify All Crypto as Securities Indefinitely
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has submitted a formal response to the U.S.
Gold (XAU) at “Moment of Truth,” Analyst Warns of “Harsh Time” for Altcoins
Gold is trading near a make-or-break point, with analysts watching for either a major breakout or a sharp reversal.
Flare Launches Luminite Wallet for Easier XRP DeFi Access
Seedless login and integrated fiat on-ramps aim to lower barriers, boosting Flare’s growing DeFi ecosystem and liquidity.
Flipster and Kaia Partner to Extend Stablecoin Access Across Asia
PANAMA CITY, Aug.
Shiba Inu Launches Governance Overhaul With Elections for Key Leadership Roles
Shiba Inu begins elections to shift control of its $7B ecosystem to a fully decentralized model.
Solana Launchpad War Heats Up as Pump.fun Ekes Out Lead in Daily Launches
Solana’s memecoin community is captivated as its two largest launchpads, Pump.fun and LetsBonk.fun, collide in a battle…
Eye-scanning crypto projects pose national security risks, China warns
China’s security agency warns that biometric data collection by crypto firms, including iris scans, could endanger…
Brazil to Hold Congressional Hearing on Proposed National Bitcoin Reserve
Brazil will hold a public hearing on August 20 to discuss a national Bitcoin reserve proposal.
Crypto Paychecks? 75% of Gen Z Say ‘Yes’ to Stablecoin Salaries
A recent study by Cryptoninjas shows that Generation Z leads in stablecoin usage, with 46% transacting monthly, compared…
PUMP Token Could Be the Next ‘Hated’ Rally, Just Like SOL, ETH and XRP
In crypto, some of the biggest price surges come from coins that everyone loves to hate.
Michigan State Pension Triples Bitcoin ETF Exposure, Latest Filing Shows
Michigan’s state pension fund tripled its exposure to Bitcoin in Q2, signaling growing institutional adoption despite…
Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers
Former SEC chief of staff Amanda Fischer slammed the latest SEC guidance on liquid staking, sparking sharp backlash on…
Ethereum Shows More Strength Than Bitcoin as ETH Continues to Outperform BTC in Q3, Altseason Soon
Ethereum shows more strength than Bitcoin. ETH price also continues to outperform BTC in Q3. Analysts are…
Binance founder Changpeng Zhao seeks dismissal of $1.8B FTX lawsuit
Changpeng Zhao has asked a court to dismiss FTX’s $1.8 billion lawsuit over a share buyback deal the bankrupt exchange…
Solana treasury race heats up as firms hunt staking rewards
Three public companies have increased their Solana holdings this week, as BitGo speculates firms are buying Solana to…
XRP (XRP) Price Prediction for August 7
After briefly reclaiming the $3.00 handle, the XRP price today has retraced below $2.96, as sellers stepped in near…
Verb Technology Raises $558 Million to Launch First TON Treasury Company
Verb Technology is set to rebrand as TON Strategy Co.
Bitcoin Enters Recalibration Phase Amid Investor Caution
After months of recovery, the bullish momentum of the bitcoin market is abruptly fading.
Red Alert for Notcoin: Single-Day 8% Slump Sparks Fears of a Further Fall
The cryptocurrency market’s recovery attempts have failed, with all major assets painted in red, trading on the downside.
Bitcoin (BTC) Price Prediction for August 7
After retreating from July highs near $123,800, the Bitcoin price today is stabilizing above $113,000, hovering just…
Hyperliquid revenue surges as it leeches users from Solana: VanEck
Hyperliquid’s superior derivatives platform drove 35% of blockchain revenue in July, capturing high-value users from…
Ripple Seeks Revised Jurisdiction Terms in Senate Crypto Legislation
Ripple wants the Senate bill to define SEC and CFTC roles more clearly to avoid legal confusion in crypto oversight.
Bitcoin may still have steam for $250K this year: Fundstrat’s Tom Lee
Fundstrat managing partner Tom Lee says Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025.
Nasdaq Firm Swaps Its ‘VAPE’ Ticker for ‘BNC’ in a $500M BNB Treasury Rebrand
CEA Industries Inc., a publicly traded company on Nasdaq, has announced a sweeping corporate transformation after…