Everything web3, crypto, defi, degen
PENGU & REKT ALL TIME HIGHS, HUGE ETH ETF INFLOWS, BNB OUTPERFORMS MARKETCrypto majors slightly red with BNB outperforming and hitting new ATH. ETH ETFs see 3rd biggest day of inflows while BTC sees net outflows. Coinbase partners with PNC for Crypto-as-a-Service model. Goldman and BNY to offer tokenized money market accounts. PENGU and REKT…
In brief XRP is now 91st largest asset in the world, with a larger market capitalization than PepsiCo, BlackRock, and Uber. It comes after the cryptocurrency set a new all-time high for the first time in seven years. The asset needs to rise just 5% to surpass fast food giant McDonald’s. XRP is now larger…
In brief SEC staff greenlit Bitwise’s ETF on Tuesday, but it was immediately paused under a discretionary review rule. Grayscale’s GDLC faced the same setback earlier this month. It then responded with a legal warning. ETF Institute co-founder Nate Geraci called it a “bizarre situation” as procedural uncertainty clouds ETF conversions. The SEC halted another…
In brief XRP set a new all-time high last Thursday, the first time it had done so in over seven years. Members of its passionate fanbase, known as the XRP Army, are angry that they were forced to wait so long. XRP Army soldiers blame the SEC’s multi-year legal battle with Ripple for stunting the…
In brief Altcoins slipped Tuesday morning as tokens including Ethereum (ETH) and Dogecoin (DOGE) gave back gains from last week’s Trump-driven rally. Hedera and Hyperliquid led losses among the top 20 cryptocurrencies by market cap. Analysts called the drop a “healthy correction” after steep gains, pointing to overbought signals, profit-taking, and bullish patterns like XRP’s…
In brief Software firm Strategy has a new financial product called Stretch (STRC). STRC will be different in structure than previous STRK, STRF, and STRD offerings, the firm says. Strategy—formerly MicroStrategy—is doing everything it can to raise money to buy more Bitcoin. Bitcoin treasury firm Strategy has announced yet another new stock product to help…
In brief Dogecoin, the eighth biggest cryptocurrency by market value, has gained more over the past week than any of the other top 20 coins and tokens. Grayscale analyst Zach Pandle attributes the gains to investors’ renewed appetite for risk. Investors are now looking at altcoins following major July gains from Bitcoin and Ethereum, experts…
In brief Ethereum, Dogecoin, and XRP prices are pumping, with technical indicators mostly flashing bullish for each coin. The surge in altcoins has led to the crypto market surging above a record-breaking $4 trillion. Where do altcoins go from here? Here’s what the charts say. For crypto traders, it’s been a good week to be…
In brief Barstool Sports founder Dave Portnoy said he sold his XRP holdings before the recent price surge. The outspoken trader blamed an unnamed analyst who suggested XRP faced some kind of threat from the rise of Circle. XRP hit a new all-time high price last week, breaking a seven-year-old record. It remains close to…
In brief The GENIUS Act, now signed into law, gives stablecoin issuers like Ripple a clear regulatory path but is expected to have limited direct impact on XRP’s price. Ripple’s new stablecoin, RLUSD, positions the company to compete domestically with USDC and PayPal USD as a native U.S. liquidity provider. Legal ambiguity around XRP’s classification…
