Crypto

An XRP chart fractal and whale flows hint at a short-term dip before a possible “moonshot” breakout to new all-time highs in Q4. Key takeaways: XRP closed below $3, but a fractal pattern suggests a bullish Q4 setup, with a potential rally toward $4.35 to $4.85. Whale flows remain negative, hinting at near-term downside before possible reaccumulation in the $2.65 to $2.33 range. Read more

High net worth investors in Asia are piling into crypto, adding to a market long dominated by retail users across India, Indonesia, Vietnam and beyond. Wealthy families and family offices across Asia are increasing their cryptocurrency allocations, with some planning to allocate around 5% of their portfolios to the asset class. Reuters first reported the trend, which noted a wave of demand from high-net-worth individuals across Singapore, Hong Kong and mainland China. Wealth managers told Reuters they are receiving more enquiries from clients, while cryptocurrency exchanges have reported rising trading volumes and new crypto funds are drawing strong demand. Jason Huang, founder of NextGen Digital Venture, said his company raised over $100 million in just a few months for a new long-short crypto equity fund launched in Singapore in May. His previous fund, which wound down last year, returned 375% in less than two years. Read more

The approval is a significant step in Gemini’s EU strategy, allowing the firm to roll out its trading products and services to customers across the region.

Blockchain research firm Kaiko gave XRP Ledger a rough security score in a recent ranking, but developers are pushing back on the analysis.

HBAR demonstrates strong recovery momentum following SWIFT blockchain trials.

XRP fell 11% in 7 days to $2.90 as whales sold 470M tokens, but bullish traders eye a breakout.

Myriad Market’s top markets include those on Bitcoin creator Satoshi Nakamoto's wealth and next moves for Ethereum and Kanye West's coin.

The first U.S.-chartered crypto bank had been resolving the agency's requirements to fix anti-money laundering controls since 2022.

Bitcoin onchain data and the length of BTC’s previous market cycles suggest the current bull phase is coming to an end. Key takeaways: BTC’s 700% rally from $15,500 to $124,500 suggests a market top in two to three months, based on past cycles. Bitcoin supply in profit has been elevated for 273 days, signaling a potential cycle peak soon.  Read more

Supporters of Yeezy Coin and Swasticoin are melting down after realizing that their coins of choice apparently weren't actually launched by Kanye West.

SHIB bulls could be in for some good news - check out what’s brewing.

The data currently on hand does not support the case for lowering interest rates, said the president of the Cleveland Fed.

On-chain data flagged institutional-sized flows, with nearly 155 million in XRP turnover during recovery periods, far above the 63 million daily average.

Myers developed the BTC valuation model that inspired Michael Saylor to adopt a Bitcoin treasury playbook at Strategy.

The target translates to stablecoins growing almost five-fold from the current market size of $270 billion.

BNB hits ATH, SOL strong but most majors fall. China considering yuan-backed stablecoins. Crypto too small to put financial stability in play: Bostic. Crypto part of a payments revolution: Fed’s Waller. HTX rolls out stablecoin yields up to 20%. BNB treasury firm Windtree gets delisting notice. DBS to issue tokenised notes on ETH blockchain. Crypto groups want quick confirmation of Quintenz. CME Group to collab with FanDuel on event contracts. xStocks hit $2bn volume on SOL, expands to Tron.

Stellar’s token pushed through resistance at $0.398 on surging volume after a day-long consolidation, with shifting macro trends fueling demand for payment-focused assets.

A Bitcoin whale with $1.67 billion holdings swapped a portion to open leveraged long positions on Ethereum, but experts suggest there’s more to this move. 

Bitcoin joins US stocks in ignoring a trade deal with the EU as traders turn to the Fed's Jackson Hole event and key BTC price support and resistance levels. Key points: Bitcoin has a new make-or-break price point to monitor into the weekly close: $114,000. Bid liquidity lines up below local lows as BTC market structure risks looking “weak.” Read more

MetaMask, the widely used self-custodial wallet, has revealed plans to launch its own stablecoin, MetaMask USD (mUSD), later this year. According to an Aug. 21 statement, mUSD will initially debut on Ethereum and Linea L2, where it will become a key component of Linea’s growing DeFi ecosystem. The project will be developed in collaboration with […] The post MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea appeared first on CryptoSlate.