“Institutions increasingly want to work with a trusted partner that can support the full lifecycle of digital assets,” said BitGo’s CEO. Crypto company BitGo has officially acquired NYDIG’s Bitcoin-focused institutional trading business. The deal was signed and completed on Thursday and reported on Friday, paying $7 million in cash and about $35.5 million in stock…
Ripple has hired London Metal Exchange treasury executive Joseph Thompson for its trading and markets team, according to an Aug. 28 report. Summary Ripple appointed Joseph Thompson to the trading and markets team, focusing on tokenization strategy and delivery. Thompson leaves LME on August 31 after nearly ten years working at the metals exchange. He…
Ripple pledged $300,000 on Aug. 29 to support emergency relief following catastrophic floods across Nepal and China’s Tibet region. Summary Ripple pledged $300,000 to World Central Kitchen and Mercy Corps for Nepal-Tibet flood relief operations. World Central Kitchen’s local restaurant partners are distributing meals across Nepal’s Rasuwa and Nuwakot districts. Mercy Corps is coordinating emergency…
Despite the record-setting inflows, XRP’s price was rejected after last week’s surge to $1.70. The winds of change continue to impact how investors view the spot XRP ETFs, with the inflows in the past week exceeding $110 million for the first time since early December, 2025. Naturally, the cumulative total net inflows have reached…
Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. Summary Paymentscan data cited by RedotPay placed cumulative stablecoin card spending above $10.9 billion worldwide overall. July 2026 produced a record month, with card spending exceeding $1 billion for first time. RedotPay predicts annualized spending…
The company hasn’t announced a new BTC purchase in well over two months. Strategy’s co-founder and former CEO, Michael Saylor, took it to X earlier today to post another cryptic comment, which the community is trying to decipher. Alongside a chart showing that the company’s over 110 BTC purchases made in the past six…
A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted by federal commodities law. Summary Ninth Circuit judges held Kalshi unlikely to block Nevada regulation of sports-event contracts through preemption. The ruling did not invalidate CFTC rulemaking or resolve any future Administrative Procedure…
The Ethereum funds have not been in the red since August 11. The spot Bitcoin exchange-traded funds recorded another highly impressive week, attracting over $900 million, but Friday changed the landscape after Kevin Warsh’s hawkish speech at Jackson Hole. Meanwhile, the funds tracking the largest altcoin continue to see only green, and their actual…
Bitcoin’s realized capitalization increased by more than $4.6 billion during the week ending Aug. 30, according to CryptoQuant contributor Darkfost. The increase accompanied BTC’s sharp recovery from around $63,000 earlier in August to above $80,000. Summary Bitcoin’s realized capitalization increased by more than $4.6 billion during the latest seven-day measurement period. The 30-day average growth…
Tokenized stock transfer volume climbed more than 415% over the 30 days ending Aug. 29, reaching $29.5 billion as Coinbase brought four equity tokens to Base. Summary Tokenized stock transfer volume increased 415% over 30 days, reaching $29.5 billion, RWA.xyz data showed. Monthly active addresses rose 209% to 1.3 million as onchain equity activity accelerated…
