Just a few days ago, Ripple’s cross-border token jumped to a multi-month high of around $1.70 but later retreated to the current 1.42. The move south hasn’t changed the predominant bullish tone across analysts on X, as some expect a price explosion in the near future. Here are some of the most optimistic (and even…
North Korea-linked Lazarus Group has transferred 244.148 Bitcoin worth about $19.42 million, bringing fresh attention to wallets associated with one of the crypto industry’s most active hacking operations. Summary Lazarus Group transferred 244.148 BTC worth about $19.42 million, according to Lookonchain. The transaction’s destination and connection to any earlier theft remain undisclosed. Another Lazarus-linked wallet…
Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Summary Bullish will supply $100 million in stablecoin liquidity for GPU-backed loans. USD.AI offers non-recourse financing secured solely by computing hardware. Bullish plans to list sUSDai and support trading through a…
ETH exchange balances have fallen sharply since June, while Bitcoin balances moved slightly higher. Bitcoin and Ethereum have picked up momentum over the past two weeks after months of choppy prices. Both posted significant gains during this period, and their rise has brought fresh movement to the market. But data highlighted contrasting exchange inventory…
Tokenized gold has moved deeper into crypto lending after Aave’s XAUT-backed debt reached a $25 million ceiling and Arch Lending added loans against the two largest gold tokens. Summary Aave’s $25 million XAUT debt ceiling was fully used before additional capacity filled within 24 hours. Arch’s Himanshu Sahay said investors increasingly want to use tokenized…
In Bitcoin ETF news today, BTC traded near $79,500 on August 28, up +1.1% over 24 hours, as US spot Bitcoin exchange-traded funds (ETFs) posted $242.30M in net inflows on August 27, extending their streak to nine consecutive trading sessions. Spot Ethereum ETFs matched the pattern with $235M in inflows the same day, also marking…
Bitcoin’s rather stable price moves over the past day or so were disrupted after Kevin Warsh finished his speech at Jackson Hole, as the asset slumped by a few grand in an hour. Its move south dragged many altcoins with it, resulting in over $200 million in liquidated positions at one point, according to data…
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Amid market volatility, ETF inflows have maintained institutional investor interest, while UE Crypto provides XRP holders with…
In Goldman Sachs crypto news, the financial institution maintained buy ratings on Coinbase Global and Robinhood Markets on August 25, raising its Coinbase price target to $196 from $173 and setting a new $124 target on Robinhood, according to a report by analyst James Yaro. The call landed as Bitcoin ripped roughly 26% higher over…
XRP has staged a sharp recovery from its August lows against USDT, breaking above the descending large channel and reclaiming key moving-average levels. However, the rally has now reached a major resistance area around $1.50, while momentum is beginning to cool down. The broader structure is therefore improving, but the token still needs a sustained…
