XRP is changing hands around $1.35, down roughly 6% over the last week after slipping beneath a support level chart analysts had been watching closely since late August. Trader ChartNerd says the token’s second failed weekly close above its 50-week EMA leaves room for a deeper slide to $1.27, or lower, before the rally that […]
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. The filings show that institutional exposure has grown alongside a sharp increase in XRP ETF inflows, even as the Ripple token […]
Prediction-market exchange Kalshi has permanently banned former US Rep. George Santos from accessing the platform after its Compliance Department found “reasonable cause to believe” that he engaged in insider trading and market manipulation. The lifetime ban, effective August 28, 2026, is the first permanent penalty of its kind imposed by Kalshi on a user. Penalty […]
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 sees Zcash as one potential option. Zcash For Blockchain Privacy Public attention to financial privacy […]
Asset manager Bitwise said that its XRP ETF (XRP) has crossed $500 million in assets under management (AUM) just nine months after launch. The fund’s page showed $502.7 million in net assets across 364.75 million XRP last Friday and $507.23 million after Monday’s close. “14 years in, and the $XRP community continues to be unstoppable,” […]
Bitcoin’s derivatives market is showing a curious split, with open interest falling nearly 4% since August 21, while funding costs for long positions have risen quickly. Analyst Axel Adler Jr. says that combination could leave BTC exposed to a long squeeze if traders start rebuilding leverage while maintaining an increasingly bullish bias. Falling OI Meets […]
A sharp contrast has emerged in active addresses across Bitcoin, Ethereum, Tron, and Cardano, as the four blockchains continue to show different patterns when it comes to network usage. Bitcoin’s count, for one, has dropped significantly compared with previous major cycles, even though its price remains far above historical levels. According to the latest observation […]
Just a few months after it launched its first notable cryptocurrency-focused platform, the Wall Street behemoth has expanded its offering beyond Bitcoin and Ethereum. The giant recently announced that its Schwab Crypto trading service will add Solana (SOL), Chainlink (LINK), and Avalanche (AVAX) in the coming months. Adding More Alts The new additions will allow […]
Zcash has been one of the best-performing assets this year. It has managed to attract significant institutional capital. This week, asset manager Grayscale Investments launched the first exchange-traded fund that tracks the spot price of ZEC. But interest in the privacy-focused token peaked shortly before its price reached a recent high. Zcash Crowd Showed Up […]
With the eighth month of the year almost behind us, it’s worth exploring what really took place as it turned out to be among the most eventful ones, especially when it comes to price pumps. Ripple’s XRP was no exception as it rode the mid-month wave hard, surging from $1.00 to $1.70 within days before […]