Is XRP heading for a market cap nearly 2x higher than ETH’s current one? Ripple’s native token is among the most popular cryptocurrencies, often being the object of massive price predictions. Impressive rallies like the one that took place in the past 10 days or so only fuel such forecasts. Popular analyst EGRAG CRYPTO…
HyENA has announced plans to close every market between Aug. 31 and Sept. 2 after processing more than $4 billion in trades for over 12,000 users. Summary HyENA will remove one market each hour from Aug. 31 through Sept. 2. Open positions will settle automatically, while margin will return to users’ spot balances. HLPe depositors…
BTC has reclaimed several major technical levels that previously acted as resistance, and it could resolve the remaining ones in a few days. Crypto analyst Sykodelic says Bitcoin has now cleared roughly 80% of the technical conditions needed to confirm that its recent low is in, with the final answer likely to arrive in…
A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins has transferred 500 BTC worth about $39.56 million to Coinbase Prime after the coins were reportedly inaccessible because their private keys had been lost. Summary 500 BTC, worth approximately $39.56 million, was sent to Coinbase Prime. The transfer came from a group of wallets…
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…
