Headlines

Adam Forsyth

Kraken hit by 12,000 HTX-linked dust transfers

Kraken temporarily restricted customer accounts after nearly 12,000 unsolicited cryptocurrency transfers reached addresses connected to the exchange between Aug. 17 and 24, according to an Aug. 25 report from Bloomberg. Summary Nearly 12,000 small transfers reached Kraken-linked addresses between August 17 and 24, Bloomberg reported Tuesday. Kraken temporarily restricted affected accounts, later restoring access while…

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Here’s the Level That Matters Now

XRP’s network activity exploded from 47,180 to 356,070 addresses. XRP has flipped the script this week, emerging as one of the market’s strongest performers after weeks of lackluster performance. The crypto asset briefly tapped $1.76 before stabilizing near $1.50. A sharp rise in network participation has now added fresh weight to the rally. Higher…

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Here’s Why Analysts Say This Rally Is Different

The rally came despite August’s historically weak track record for Bitcoin. Bitcoin (BTC) broke higher last week, ending a multi-month range and closing near $77,700. The move followed a $62,750 weekly low, marking a nearly 24% rise as the leading cryptocurrency topped $71,000 on August 20. The rally came despite August’s historically weak performance…

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World Liberty launches $4B USD1 on Canton Network

World Liberty Financial has launched its $4.05 billion USD1 stablecoin natively on the Canton Network, giving institutions a dollar-based settlement asset for tokenized securities and other real-world assets. Summary USD1 can settle tokenized assets through Canton’s privacy and permissioning controls. Institutions can use the stablecoin for collateral, lending, issuance, redemptions, and cross-border payments. DeFiLlama ranks…

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What Are the Next Targets?

A 90% pump, a parabolic rally to a new historical record, or a short-term correction: which scenario is lining up for DOGE? The OG meme coin followed the green wave sweeping through the cryptocurrency sector, with its price climbing to a nearly three-month high. Some analysts think the token is set for a relatively…

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SpaceX stock could rise 75% to $240, JPMorgan says

SpaceX stock has gained about 2% after JPMorgan retained its Overweight rating and $240 price target, implying roughly 75% upside from recent trading levels. Summary JPMorgan has retained its Overweight rating and $240 price target for SpaceX. The bank said Cursor data has produced tangible improvements in recent Grok models. About 370 million SpaceX shares…

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