Crypto

XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of the region’s key crypto hubs. This resurgence comes as the token’s price has remained relatively bound around the $3 mark over the past month, coinciding with the continued expansion of the XRP Ledger’s […] The post Institutional interest boosts XRP’s resurgence in South Korea and Japan appeared first on CryptoSlate.

Internet Computer falls amid volatile trading, but rebounds off $4.97 lows with elevated volume

AlphaPoint’s Reba Beeson dives into the trends and regulatory policy shifts driving crypto M&A, cementing its role as core infrastructure for the future of finance.

Memecoin trades with 50% price spread intraday.

Tech giant Meta touts new anti-scam features as platforms face growing pressure to tackle organized fraud networks stealing crypto from users.

Ethereum (ETH) faces heavy sell pressure as whales deposit $69M and Net Taker Volume hits -$418M, sparking trend reversal concerns.

Bakkt is acquiring a 30% stake in Japanese firm Marusho Hotta and is expanding into Asian crypto markets.

XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction. Key takeaways: After dropping 19% in three weeks, XRP faces strong resistance at $3.10-$3.00, with key support at $2.65. Whales have offloaded over 640 million XRP tokens since July 9. Read more

Ripple Labs has urged the US Senate to revise its proposed crypto legislation, warning that the current draft introduces more confusion than clarity. The blockchain firm submitted its response on Aug. 5, addressing concerns about regulatory overreach and vague definitions that could stifle innovation across the digital asset space. The comments come in response to […] The post Ripple warns Senate draft could put ETH, SOL, XRP under SEC oversight forever appeared first on CryptoSlate.

Crypto volatile amid weaker macro picture. BTC ETF outflows continue, ETH turns positive. Short term BTC holders dump $18b as whales buy. Liquid staking Activities are not securities: SEC. China testing out Yuan stablecoins. Brazil considers BTC reserve. Japan’s SBI files for various crypto ETFs. Michigan pension fund triples BTC ETF exposure. Sharplink bought $304m ETH last week. Metamask plans to launch stablecoin. Base briefly goes down due to sequencer failure. CZ seeks dismissal of $1.8b FTX lawsuit. Hyperliquid earned 35% of July blockchain revenue. BitBridge to go public as BTC treasury firm. BNB discloses new infrastructure roadmap. LTC leads alts, MEI Pharma launches $100m treasury. Pendle to allow speculation on crypto funding rates.

NEAR Protocol registers a volume-backed breakout, climbing above key resistance as institutional activity and cross-chain development fuel bullish sentiment.

Judge issues Allen charge after jury deadlocks in Tornado Cash trial, keeping the case alive as questions mount over crypto developer liability. After four days of deliberations, jurors in the Roman Storm trial told the court they remain deadlocked on some charges, prompting the use of an Allen charge to encourage further discussion. An Allen charge, sometimes called a “dynamite charge,” is a special instruction a judge gives to a deadlocked jury, urging them to re-examine their positions and attempt to reach a unanimous verdict. According to court reports on Wednesday by Inner City Press, Storm’s lawyer Brian Klein opposed the charge, arguing that the jury had made it clear a unanimous verdict was unlikely and instead urged the court to consider accepting a partial verdict. Read more

DeFi and RWA protocols are rebranding themselves as Layer 1s to capture infrastructure-like valuations. But most remain narrowly focused applications with little sustainable economics — and the market is beginning to see through it, says Avtar Sehra.

Cosmos’ ATOM token rallies after a sharp dip, fueled by heavy trading volume and renewed institutional interest following Coinbase’s addition of COSMOSDYDX to its listing roadmap.

Initial DEX offerings have strayed from their retail-first promise, becoming dominated by institutions and high barriers to entry. IDOs could reclaim their promise. Opinion by: Hatu Sheikh, founder of Coin Terminal Crypto has largely failed retail investors. Insiders and institutions scoop up lucrative opportunities before they hit the open markets. Memecoins and purely speculative plays are the only ways for retail investors to reclaim their stake in the pie.  They remain exposed to a “crime supercycle” that began with unregulated initial coin offerings (ICOs) in 2017-18. At the time, initial DEX offerings (IDOs) emerged to provide retail investors with open, fair access to early-stage projects. Gradually, though, high threshold requirements, long vesting periods and information asymmetry put most IDOs off-limits for retail investors.  Read more

After four days of deliberations, the New York jury deciding Tornado Cash Roman Storm’s fate said they can’t reach a unanimous verdict on all three charges.

Bitcoin may revisit $105K, where metrics like short-term holder cost basis and UTxO walls indicate heavy exposure and potential stress.

A German man is facing a US federal lawsuit after allegedly using a Coinbase‑like domain name to earn affiliate commissions and pose phishing risks. Coinbase, one of the world’s most prominent cryptocurrency exchanges, has sued Tobias Honscha, a German national, in a US federal court, accusing him of misusing the domain name “coinbase.de.”  The company alleges that Honscha engaged in cybersquatting, violated affiliate program rules and posed significant phishing risks by operating email services from the domain. Read more

XRP traded remarkably consistently across Binance and Coinbase throughout July, despite stark differences in where and how liquidity was concentrated. While prices between USD and USDT pairs remained within a few basis points of one another, the two exchanges diverged significantly in their respective trading volumes. Binance captured nearly all activity for USDT-quoted XRP, while […] The post Tight price parity hides structural gaps in XRP liquidity on exchanges appeared first on CryptoSlate.

Billions worth of ETH raised by Ethereum treasury companies will flow into DeFi chasing yields up to 14%. Get set for DeFi Summer 2.0. Since they emerged from stealth mode two months ago, a dozen Ethereum treasury companies have bought 2 million ETH between them, with Standard Chartered analysts estimating theyll add another 10 million to that pile over time. Theres growing excitement that billions worth of that ETH could flow into DeFi protocols as firms compete to chase yields greater than the 3%-5% on offer from staking and re-staking. Etherealizes Vivek Raman tells Magazine healthy competition between treasury companies for yield could light a fire under the DeFi sector before the end of the year. Im actually pretty excited to see it. This could be the stimulus needed for DeFi Summer 2.0 but on the institutional scale and bigger and better. GameSquare Holdings, BTCS, BitDigital, The Ether Machine and ETHZilla have all announced plans to juice ETH yields via DeFi, while Tom Lees BitMine Digital and Joe Lub...