Crypto

OSL also plans to use the capital to support acquisition plans and bolster its balance sheet

The transactions occurred shortly after XRP touched $3.60, its highest level since 2021, before pulling back to around nearly $3.

Despite record liquidity levels, traders are pulling back as leveraged positions unwind and profit-taking accelerates across major tokens.

Regulatory overhang, leveraged unwind, and profit-taking collide even as corporate adoption cases grow.

The broader cryptocurrency market, including ether and solana, also experienced losses of 2% to 3%.

It also sold 11,262 shares of Robinhood (HOOD), worth around $1.1 million based on Robinhood's last close.

Trading volatility futures involves betting on the expected amount of price fluctuation, rather than the direction of the price.

The Arizona woman helped North Korean operatives pose as U.S. IT workers and launder millions back to Pyongyang.

Nigeria is open to stablecoin firms, signaling a shift over a year after a Binance crackdown shook the local crypto industry.

OpenAI's new ChatGPT agent can automate web tasks like logging in and scheduling, but its launch comes with serious security warnings.

The surging borrowing rates in the Ethereum network may send “ripple effects across the Ethereum ecosystem,” says a crypto researcher. Ether may be heading for an unstable period in the near term, as the cost of borrowing wrapped Ether has spiked and technical indicators point to overvaluation, according to a crypto analyst.  “We believe Ethereum is looking vulnerable in the near term,” 10x Research head of research Markus Thielen told Cointelegraph on Wednesday. “The market is entering a quieter summer stretch — particularly in the US during August — while technical indicators remain deeply overbought.” Read more

Regulatory clarity is opening the door for banks, asset managers, and crypto firms to roll out new stablecoin products. The ink on the GENIUS Act is barely dry, but its ripple effects are already visible across the crypto industry. In just seven days, the sector added nearly $4 billion, pushing the stablecoin market cap above $264 billion and fueling corporate interest in related ventures. The surge is no surprise. The landmark legislation provides banks, asset managers, and other institutional investors with a federal framework for fiat-backed stablecoins without the looming threat of enforcement actions by the Securities and Exchange Commission (SEC). With regulatory clarity comes new capital, new players, and intensified competition. Signs of this shift had already emerged even before the GENIUS Act was enacted. Read more

BlackRock's iShares Ethereum Trust has reached $10 billion, faster than all but two funds in the ETF industry's 32-year history.

A senior Russian lawmaker says the number of crypto miners signed up to the Federal Tax Service’s register has risen tenfold in the past six months. The post Russia Reports x10 Rise In Registered Crypto Mining Firms appeared first on Cryptonews.

Cognition is seeking to achieve a jaw-dropping $10B valuation as investors race to back the next big thing. Can its “autonomous coder” be it?

WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto. The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution. It added in its statement that it […] The post WOO X suffers $14 million breach affecting 9 users, halts withdrawals appeared first on CryptoSlate.

Forget OpenAI stock — Solana apps are tokenizing Pokemon cards. Hong Kong warns stablecoin hopefuls to prep for disappointment. Asia Express The tokenization of physical collectibles is quietly gaining momentum, with Pokmon cards based on the globally popular Japanese gaming and anime franchise emerging as a standout use case. On Solana, a new wave of platforms is turning real-world assets (RWAs) like Pokmon cards into non-fungible tokens (NFTs). One of the leading platforms in this niche is Collector Crypt, which has processed nearly $95 million in total volume in under a year, according to a Dune Analytics dashboard by X user zKayAPE. The platform specializes in tokenizing Pokmon cards into NFTs, each of which is claimed to be redeemable for its physical counterpart. Much of the activity is driven by its digital gacha feature, inspired by Japans capsule-toy vending machines, where users test their luck by trading a fixed amount of money for randomized items. These platforms function like onchain versions of...

Claude predicts that the crypto upswing has extended beyond Bitcoin, which has broken $122.8K, suggesting several altcoins could set fresh highs by late 2025. XRP has been projected to reach $20, SHIB has been eyed near $0.0001, and Pi Network could approach $100 if present adoption trends hold. The post Leading AI Claude Predicts the Price of XRP, Shiba Inu and Pi Coin by the End of 2025 appeared first on Cryptonews.

Crypto price prediction today covers Bitcoin’s record $122,838 surge and 3.5% pullback that has softened the market RSI. XRP’s $3.65 milestone, Solana’s bounce near $200, and Dogecoin’s 31% weekly rise have sustained optimism as traders watch correction zones and chart targets for Q3 highs. The post Crypto Price Prediction Today 24 July – XRP, Solana, Dogecoin appeared first on Cryptonews.

This is the third lay-off that has been carried out over the past 2 years.