XRP price continued to consolidate on Wednesday as investors remained on the sidelines and as the falling wedge chart pattern continued to form. Summary XRP price has formed a falling wedge, a cup-and-handle, and a bullish flag pattern. XRP Ledger is slowly becoming a powerhouse in the RWA industry. RLUSD is one of the stablecoins…
Avail has acquired fellow infrastructure player Arcana. The move integrates Arcana’s chain abstraction SDK directly into the Avail stack, morphing a potential competitor into a core component of its multichain vision. Summary Avail has acquired chain abstraction protocol Arcana, integrating its SDK and team into the Avail stack. The acquisition accelerates the Avail Nexus mainnet…
Bitcoin may outperform every major asset over the next decade, according to a new Bitwise report projecting a 28% annual growth rate. The firm cites rising institutional demand, scarce supply, and growing concerns over fiat currency debasement as key drivers for the rally. Summary Bitwise projects Bitcoin could grow 28.3% annually over the next decade,…
Cronos price went parabolic this week after Trump Media and Crypto.com announced the launch of a company to accumulate CRO tokens. Summary Cronos price surged after the launch of Trump Media CRO Strategy company. It has become highly overbought, pointing to an eventual crash in the near term. The coin’s funding rate has turned negative,…
The Commodity Futures Trading Commission will tap into Nasdaq’s market surveillance technology to enhance its oversight of both traditional and cryptocurrency markets. Summary Commodity Futures Trading Commission will deploy Nasdaq’s market surveillance technology to monitor the crypto market. The CFTC says the technology allows it to enhance market integrity across crypto and traditional finance. U.S….
Dogecoin price remains in a technical bear market after falling by 55% from the highest level in November last year. Technicals and derivative market data point to more downside in the coming days. Summary Dogecoin price could be at risk as demand in the futures market drops. The futures open interest has dropped by almost…
Jupiter has announced the launch of the public beta of its decentralized, non-custodial platform Jupiter Lend, bringing an advanced aggregated onchain layer to the Solana ecosystem. Summary Jupiter Lend is now live to bring the most advanced money market system to Solana. Lend launches in public beta after stress testing, audits and feedback. The platform…
Metaplanet is leveraging an international share offering to massively expand its Bitcoin treasury in a move that appears a direct strategic hedge against Japan’s mounting national debt and persistent currency weakness, signaling a corporate flight from traditional safe havens. Summary Metaplanet plans an $837 million Bitcoin purchase via international share issuance, pending shareholder approval on…
The crypto market is going up today, Aug. 27, as investors wait for the upcoming Nvidia earnings and after Federal Reserve’s John Williams sounded optimistic about interest rate cuts. Summary The crypto market is going up today, with the market capitalization soaring to $3.87 trillion. The jump was in anticipation of the upcoming NVIDIA earnings….
Healthtech firm H100 Group acquired an additional 46 BTC and now holds a total of 957 BTC. Summary H100 Group acquires 46 BTC, putting its treasury holdings at 957 BTC The firm remains active in its health technology sector, using BTC to preserve capital Still, H100 Group did actively raise capital to fund its Bitcoin…
