Heavy capitulation and lower-priced accumulation have slashed Bitcoin’s short-term holder realized cap. Bitcoin traded in a tight range around $64,500 as investors remained cautious following the Federal Reserve’s hawkish hold, while ongoing US-Iran tensions kept risk sentiment in check. Against this backdrop, a key BTC on-chain metric has fallen 62% in the past nine…
A decade of tokenized equity pitches promised global access to American stocks. The use case that finally moved volume is pairing them against memecoins on a brokerage’s own chain, and it just pushed Robinhood Chain past Solana in tokenized stock trading. Nobody planned this. Summary Since mid-July, launch platforms Bankr and long.xyz have let users…
In XRP news today, Coinbase Wrapped XRP (cbXRP) just became significantly more useful. Doppler Finance, an institutional-grade yield infrastructure protocol, has expanded to Base, Coinbase’s Ethereum Layer-2 chain, with cbXRP as its first supported asset. XRP holders who have been sitting on the sidelines of EVM-compatible DeFi now have a regulated, exchange-backed route into lending,…
Bitcoin has historically struggled before US midterms, with past recoveries beginning once election uncertainty faded. Bitcoin’s market cycles could be more closely linked to the US political calendar than many investors think, according to a new analysis shared by Alphractal founder Joao Wedson. In a July 30 post on X, he showed that the…
The Bank of Korea has successfully completed live cross-border payment tests using tokenized central bank reserves under the Bank for International Settlements-led Project Agora, processing transactions across six currencies and multiple payment scenarios. Summary Bank of Korea completed live Project Agora payment tests using tokenized reserve funds across six currencies. South Korean banks tested cross…
In crypto news today (July 30), Bitcoin climbed -0.5% overnight, dropping below $64,000 following yesterday’s FOMC meeting, in which a rate hike wasn’t announced but SEC Chair Paul Atkins hinted at hikes to come, causing a slight sell-off across crypto. However, crypto held up well in comparison to the US stock market, which saw $1Bn…
Talus (US) has entered the top 100 alts after a massive 20% daily surge. The asset is up by 600% monthly. The highly anticipated FOMC meeting yesterday didn’t bring any surprises despite some expectations of a rate hike, and bitcoin’s price has calmed at around $64,000 after the recent volatility. Most larger-cap alts have…
U.S. Securities and Exchange Commission Chair Paul Atkins said the regulator is prepared to write crypto market rules if Congress fails to pass the CLARITY Act, offering an agency-led fallback as Senate negotiations continue. Summary SEC Chair Paul Atkins says agency rules could proceed if Congress fails to pass CLARITY. Senate Banking advanced the bill…
Peter Mintzberg filed a Form 144 on July 28 to sell 2,611 shares of the Grayscale XRP Trust ETF, the entire block he bought privately from the trust in October 2024. The notice puts the aggregate market value at $53,394.95, or $20.45 per share, with Cantor Fitzgerald handling the sale on NYSE Arca. Mintzberg…
Crypto exchange Luno is cutting about 20% of its global workforce as part of a restructuring confirmed on July 28 by Chief Executive James Lanigan. Summary Luno is cutting 20% of its global workforce while expanding institutional and business-to-business services worldwide. Twelve crypto-related companies reported July restructurings, with 894 disclosed jobs affected across six named…
