Investment advisors held $120.9 million of the reported XRP ETF exposure, far ahead of banks, brokerages, and hedge fund managers. Goldman Sachs, Jane Street Group, and Millennium Management were the three largest reported holders of spot XRP ETFs in second-quarter 13F filings, according to Bloomberg Intelligence data shared by James Seyffart on August 31….
Robinhood CEO Vlad Tenev renewed speculation about the company’s memecoin strategy on Sept. 1 by responding to an X post proposing “Memecoins on Robinhood.” Summary Tenev replied with an ear emoji to a post proposing memecoins on Robinhood for users. Robinhood has not announced any new memecoin listing, launch date, or expanded product offering publicly….
Bitcoin continues to hover below $78K, but the absence of meaningful upside progress is becoming increasingly important. After the initial breakout impulse, repeated failures to challenge the $80K-$82K supply area suggest demand is losing strength, raising the probability of a deeper corrective move. Bitcoin Price Analysis: The Daily Chart The daily chart shows BTC transitioning…
ARK Invest and Glassnode published a joint study on Sept. 1 that found three entities could cross the measured block-production thresholds for both Bitcoin and Ethereum, while Solana required 19. Summary Bitcoin reaches its 51% hash-rate threshold through three mining pools, according to the joint report. Ethereum requires three staking entities to exceed 33%, although…
Can the token’s price rise to as high as $0.17 in the near future? Surprisingly or not, Arbitrum’s ARB leads the entire top 100 club today (September 1) as the strongest performer. Some analysts expect further gains ahead, but a certain technical indicator suggests a short-term correction is also quite possible. The 3-Month Peak…
X has begun investigating a wave of unsolicited password-reset emails and confirmation codes, although its initial review has found no evidence that the platform’s systems were breached. Summary X users reported receiving password-reset messages they had not requested. The company has found no evidence of a breach during its initial investigation. X advised users to…
September has historically been predominantly weak month for the meme coin. July and August have been quite successful for the self-proclaimed Dogecoin killer, with its price closing both months in the green. Nonetheless, certain important elements suggest that September may not be as beneficial and could deliver a move south. The Worrying Signals The…
Federal Reserve Governor Michael Barr has backed a decisive interest rate increase if inflation fails to ease, as Polymarket traders place the chance of a 2026 hike at 72%. Summary Barr said the Fed should raise rates decisively if inflation does not moderate enough. Polymarket traders assign a 72% chance to at least one rate…
As AI improves blockchain address labelling, Grayscale sees Zcash becoming more valuable for users. Artificial intelligence could usher in a new wave of concern over financial privacy, according to a Grayscale research report. The firm’s Head of Research, Zach Pandl, expects AI to create new privacy threats and drive demand for new solutions. He…
Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets. Summary Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled…
