Crypto

Eliza Labs has filed a lawsuit against X Corp, accusing the Elon Musk-owned company of abusing its dominant position to suppress competition. The post Eliza Labs Sues Elon Musk’s X Corp, Alleging Monopoly Abuse and Copycat AI Products appeared first on Cryptonews.

CRO charted a multi-year high before correcting slightly, while ETH is down by over $600 since its peak.

The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.

Some of the leading altcoins are set to rise out of the “waiting room,” potentially expanding the crypto market cycle into the first quarter of 2026, according to Pal. The cryptocurrency market may be in the “waiting room” ahead of the next phase of the price discovery stage, in a development that may see institutional capital extend the historical four-year cycle, according to industry watchers. As the crypto market is awaiting its next catalyst, the “slow business cycle’s” liquidity dynamics may extend the traditional four-year cycle into the first or second quarter of 2026, according to Raoul Pal, founder and CEO of Global Macro Investor “Many key parts of the crypto ecosystem are in the waiting room ready to launch,” wrote the popular analyst in a Friday X post, adding:  Read more

Developers must integrate AI agents through intent-centric systems or risk replicating the same problems Web3 set out to eliminate. Opinion by: Adrian Brink, co-founder of Anoma Web3 was founded on decentralization, sovereignty, verifiability and resilience. Now, those values are under threat. The rise of AI agents is beneficial and inevitable. Unless agents are built on sovereign intent-centric infrastructure, they are a threat to the core values of crypto.  The integration of intents is no longer just about improving UX; it’s about enabling agents to reach their full potential without sacrificing the soul of Web3.  Read more

Stellar (XLM) was also among the underperformers, falling 3% from Thursday.

Ethereum leads tokenized institutional alternative funds with $1 billion in value, accounting for more than half of the market. Tokenized institutional alternative funds (IAF) surged 47% in the last 30 days, reaching a total value of $1.74 billion, according to data from real-world asset (RWA) tokenization tracker RWA.xyz. The data showed that all protocols except Libre Capital had percentage increases in the last 30 days. Centrifuge led the growth, expanding its market cap by 252% to $704 million. This gave the issuer a 40.4% market share for IAFs.  Apart from IAFs, Centrifuge also had almost $400 million in tokenized US Treasury products, bringing its total value locked (TVL) to over $1 billion. This allowed Centrifuge to join BlackRock’s BUIDL fund and Ondo Finance to surpass the $1 billion RWA milestone.  Read more

The Amdax-backed initiative sets sights on Euronext listing; The founder of bitcoin miner Hut 8 is among the investors.

Pudgy Party, a multiplayer blockchain game from Pudgy Penguins and Mythical Games, is now available globally on mobile.

A total of 92 crypto exchange-traded funds are currently awaiting review from the U.S. Securities and Exchange Commission, according to Bloomberg Intelligence ETF analyst James Seyffart, with Solana leading eight pending ETF applications and XRP following with seven applications under review. The post 92 Crypto ETFs Now Await SEC Approval with Solana, XRP Leading Applications appeared first on Cryptonews.

Seoul’s Cyber Investigation Unit has arrested 16 suspects after a syndicate stole $28.1M from 258 high-profile Koreans, including BTS’s Jungkook, by breaching sites and opening fraudulent phone lines. The post BTS Star Jungkook Targeted as Hackers Steal $28.1M from South Korea’s Elite appeared first on Cryptonews.

Ethereum has fallen harder than the broader crypto market, as 1 million ETH are set to be withdrawn from staking.

It's a watershed moment for crypto, as the U.S. Government begins publishing official economic stats on the blockchain.

Open interest in SOL futures hit a record high alongside a rally in the token's price to a level not seen since February even as Solana application revenue dropped.

XRP price must hold above $2.80 or risk triggering a technical correction in September, with the downside target closer to $2. Key takeaways: XRP is on course to finish August in losses, raising worries about a potential bearish continuation in September. Losing $2.80 support could accelerate XRP selling, with technicals warning about a 25% drop ahead. Read more

Dutch crypto firm Amdax raised $23.3 million to launch AMBTS, a Bitcoin treasury company aiming to list on Amsterdam’s Euronext and accumulate 1% of all BTC. Dutch cryptocurrency service provider Amdax raised 20 million euros ($23.3 million) to launch a Bitcoin treasury company on Amsterdam’s Euronext stock exchange. According to a Friday announcement, multiple investors have committed about $23.3 million in an initial financing round for Amdax’s Bitcoin (BTC) treasury. This follows an announcement earlier this month that it would launch the treasury as an independent, privately held company with its own governance, AMBTS. AMBTS is being created to eventually accumulate at least 1% of all Bitcoin that will ever be created, or about 210,000 BTC. Such an amount of Bitcoin is currently worth over $23 billion. Read more

Your day-ahead look for Aug. 29, 2025

Bitcoin whale behavior remains "spoofy" as crypto traders flag BTC price patterns repeating this week with US inflation data incoming. Key points: Bitcoin whales take the blame as “spoofy” transactions send BTC price action below $110,000. The Bitcoin “whale playbook” means that price is repeating behavior from earlier in August. Read more

Realized price levels highlight investor stress and looming psychological thresholds

CoinShares posted $32.4M in Q2 profit and plans a US listing, with executives expecting strong momentum in the second half as Bitcoin and Ether hit new highs. Digital asset investment company CoinShares reported that its assets under management (AUM) increased 26% in the second quarter of 2025, closing the period at $3.46 billion.  CoinShares said the AUM increase happened amid a $126 million outflow in its XBT Provider products. Despite this, the company said rising crypto prices contributed to its growth during Q2. The firm pointed to Bitcoin (BTC) gaining 29% and Ether (ETH) being up 37% during the time period. With BTC and ETH reaching new highs in August, CoinShares chief executive Jean-Marie Mognetti said the company expects a strong second half. Read more