Crypto News

- Key Points For cryptocurrency investors, the summer is coming to an end, not with a bang, but with a whimper. Top names such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) are all down significantly from their July highs, and investors are starting to question the future direction of the crypto market. Is this just a temporary market blip, or a sign of something fundamentally wrong with the crypto market? Here's what you need to know. Whither interest rates? The most commonly cited reason for the recent decline in crypto prices involves the Federal Reserve and monetary policy. Heading into August, the expectation was that the Federal Reserve would lower interest rates in the fall, partially as a way of...

- Lower rates lead to higher risk appetites When the Fed eases monetary policy, it aims to loosen overall financial conditions by lowering short-term interest rates and influencing the sovereign yield curve that anchors returns for riskier assets. In English, cheaper money tends to make risky investments more attractive and safe assets less compelling because the yield on the safest assets, namely U.S. Treasuries, is lower. Crucially, the probability of an impending cut is high, even if it isn't as guaranteed as many are saying. Fed Governor Christopher Waller said on Aug. 28 that he favors starting rate reductions this month, citing softer labor dynamics. Markets are broadly aligned with that view, and subtler cues from other Fed...

- Is XRP the Smartest Cryptocurrency to Buy With $1,000 Right Now? Key Points In every era, there are businesses that try to win by providing the goods others rely on, like the companies that sold shovels during the gold rush. XRP (CRYPTO: XRP) is, at least from one perspective, one such business. Its backers at Ripple are working tirelessly to make the XRP Ledger (XRPL) the settlement layer that financial institutions use to move and manage capital on the blockchain. XRPL can make transactions fast and cheap while implementing strong regulatory compliance controls, so it appeals to banks and currency exchangers, among others. But does that make it the smartest cryptocurrency to buy right now with $1,000, or are there better...

- What's the correct take on XRP (CRYPTO: XRP) right now? If you're the kind of person who sees the proverbial glass of water as half-empty, you'll likely note that the digital token has fallen by a double-digit percentage in recent weeks. If you see the glass of water as half-full, you'll probably emphasize that XRP's price has still skyrocketed more than 5x over the past 12 months despite the pullback. Probably the best perspective, though, is to focus on the future. More water could soon be poured into the glass representing this popular cryptocurrency, with major regulatory decisions on the way. Should you buy XRP before October? Key SEC decisions in October As things stand right now, only two cryptocurrencies can be owned by...

- It's been an up-and-down summer for XRP. The world's third-largest cryptocurrency exploded in value during July, eventually hitting a 52-week high of $3.65. But since then, XRP has fallen 25% and currently trades for just $2.72. So is a rebound on the horizon for XRP? Or are crypto investors better off looking elsewhere? Plenty of new catalysts for XRP The good news, if you're thinking about investing in XRP, is that there are plenty of new catalysts for the final months of 2025. The one that everyone is talking about, of course, is the imminent launch of new spot XRP ETFs. The Securities and Exchange Commission (SEC) decided to push off a decision on them until mid-October, but just about everyone expects them to start trading by...

- European Regulator Flags Tokenized Stocks, Stresses Need for Safeguards The European Union’s top markets regulator is calling for a balance between financial innovation and investor protection, as tokenization—the digital representation of financial instruments on distributed ledgers—continues to garner interest across global markets. Natasha Cazenave, executive director of the European Securities and Markets Authority, said the shift in financial markets, driven by distributed ledger technology, holds promise but demands safeguards. “Tokenization … could lead to a transformational change of our markets,” she said. “For regulators and policymakers, the priority must be to ensure that such innovation develops within a framework...

- Key Points Hedge fund manager Michael Burry shot to stardom after predicting the collapse of the U.S. housing market back in 2007 -- and raking in $100 million for himself and more than $700 million for his investors thanks to his bet. And that's exactly why it's a great idea to take notice when Burry makes investing moves, especially ones that go against the crowd. Burry, whose story was documented in the movie The Big Short, manages more than $578 million at Scion Asset Management, and recently revealed his latest moves as part of his 13F filing. These documents, submitted quarterly to the Securities and Exchange Commission, offer a glimpse into the strategies of managers of more than $100 million in securities. In the second...

- Bitcoin Long-Term Holders Spend 97K BTC in Largest One-Day Move of 2025 Long-term bitcoin (BTC) holders have stepped up their liquidations in recent weeks, adding to bearish pressures in the market. On Friday, these so-called patient holders offloaded 97,000 BTC (nearly $3 billion), marking the largest single-day long-term holder sell-off of the year. This accounts for the bulk of the recent increase in spending activity, according to blockchain analytics firm Glassnode. The 14-day moving average of coins spent by long-term holders has jumped to nearly 25,000 BTC, the highest since January. Glassnode defines long-term holders as those with a history of owning coins for over 155 days. Bitcoin's price fell by over 3.7% to $108,000...

- ‘OP_CAT Isn’t My Invention. It’s Satoshi’s,’ Says Bruce Liu as OPCAT_Labs Pushes to Reboot Bitcoin’s Code Without OP_CAT, Bruce Liu says Bitcoin is as "useful as a jumbo jet without wings"—capable of much more than it’s allowed to do, but stuck on the ground while Ethereum and Solana soar. Liu, the founder of OPCAT_Labs, says a single opcode, OP_CAT, could transform Bitcoin from static digital gold into programmable money that rivals other Layer-1 chains. OP_CAT is a long-disabled opcode in Bitcoin’s code that, if re-enabled, would allow developers to concatenate data in scripts and unlock a range of new possibilities, from vaults and covenants to decentralized exchanges and zero-knowledge proofs. The Bitcoin blockchain, if...

- World Liberty Financial (WLFI), the Trump-family-affiliated DeFi project, is pitching a new tokenomics maneuver to shore up confidence after its rocky trading debut: a buyback-and-burn program funded by protocol-owned liquidity fees. The proposal comes as WLFI faces sharp market headwinds following its highly publicized trading debut across major exchanges, including Binance, OKX, Upbit, Coinbase, Bithumb, and others. WLFI is trading at around 23 cents, down 24% on-day, with a market cap of about $6.39 billion, according to CoinGecko. At launch, the token briefly commanded valuations of over $40 billion on futures markets before sellers drove the price down. According to a governance proposal released on Tuesday, fees collected...

- Price Action Summary XRP has recently shown signs of strength, suggesting potential upward movement in its price. The cryptocurrency's price action indicates a bullish momentum may be developing, supported by key technical indicators. Technical Analysis The Moving Average Convergence Divergence (MACD) indicator is approaching a potential bullish crossover, which traders often view as a sign of potential price increases. As XRP's MACD line moves closer to crossing over the signal line, momentum may build, encouraging further bullish sentiment. What Traders Are Watching Traders are closely monitoring XRP for any signs of trend reversals or confirmation of continued bullish momentum. The interaction of important resistance and...

- China’s incubating crypto in Hong Kong but the city’s strict rules are frustrating entry Hong Kong is eager to embrace cryptocurrency. Crypto exchange shops now greet customers in shopping malls. Hundreds of crypto ATMs have sprung up along the city’s busy streets. And last week, Eric Trump was featured at the Bitcoin Asia summit in the global financial center. Hong Kong has ambitious plans to tap into the $3.8 trillion digital assets market with new legislation rolled out last month that will allow licensed businesses to issue stablecoin, a type of cryptocurrency pegged to real-world assets like the US dollar. As mainland China has banned crypto trading and mining, the success of the stablecoin ecosystem in the city, as the...

- Asia Morning Briefing: Hex Trust CEO Sees Both Promise and Peril in Bitcoin Treasury Firms Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. Digital Asset Treasury (DATs) companies – firms that put bitcoin on the balance sheet – were the talk of the town during BTC Asia in Hong Kong. But corporate adoption of Bitcoin can be a double-edged sword, says Alessio Quaglini, CEO and Co-Founder of crypto custodian Hex Trust. While treasury holdings put crypto on the balance sheets of public companies, he warns that leveraged strategies could turn adoption into a source of instability. “It’s great...

- WLFI Token Falls on Debut as Governance Weighs Liquidity Fee Buyback Plan Less than a day after its Labor Day debut, World Liberty Financial’s WLFI token experienced a sharp decline as trading volume spiked nearly tenfold. The governance token dropped from a high of $0.33 to near $0.21 in late Monday trading before stabilizing at around $0.245. The trading volume surged from approximately $259 million at launch to $2.5 billion, based on data from CoinGecko. WLFI is down about 14% from its debut price of $0.28, but remains significantly higher for early whitelisted buyers who acquired tokens at approximately $0.015 each. In response to these developments, a governance proposal was introduced, suggesting that all liquidity fees...

- Massive liquidations hit Trump family’s WLFI token on Labor Day launch World Liberty Financial, the crypto project backed by President Donald Trump and his family, made a much-awaited move on Sep. 1 as WLFI, its native token, made its public debut for trading. With a market capitalization of $7 billion, WLFI is already the 31st largest token as per CoinGecko. What is World Liberty Financial? Founded in 2024, World Liberty Financial is a decentralized finance (DeFi) project backed by the Trump family. Trump himself is a co-founder, though the website says he was removed from the position upon taking office. His sons, Donald Jr., Eric, and Barron, are also among the project's co-founders. President Trump's old pal and the U.S...

- Avail acquires Arcana to simplify multichain experience Blockchain infrastructure provider Avail has acquired Arcana, a chain abstraction startup, in a move aimed at making cross-chain activity easier for both developers and users. Arcana specializes in chain abstraction — technology that lets people interact with multiple blockchains without having to switch networks, manage separate wallets, or move tokens through bridges. Its software development kit (SDK) and wallet tools allow balances to be unified and transactions to move between chains in the background. Key points: Arcana’s blockchain interoperability solutions simplify the creation of multichain dApps. Avail says this technology will be integrated into its Nexus...

- Tokenized Gold Market Tops $2.5B as the Precious Metal Nears Record Highs As the price of gold is on the cusp of breaking its April peak, the market size of crypto tokens backed by the precious metal has already surged to fresh all-time highs. The overall market capitalization of tokenized gold topped $2.57 billion, CoinGecko data shows, as the two leading offerings, Tether's XAUT and Paxos' PAXG tokens, saw sizable inflows recently. Both tokens are designed to track the price of gold and are backed by physical bars held in vaults. XAUT (XAUT), issued by the firm that's behind the USDT stablecoin, saw a $437 million jump in its supply to a record $1.3 billion, per CoinGecko. PAXG (PAXG), the gold-backed token of U.S.-based...

- Shocking report shows 1 Bitcoin costs $1,300 to mine in Iran and $306,000 in Italy (check full list) Bitcoin might be trading at $108,000, but the cost to create one coin varies dramatically depending on where it’s mined — and the gulf between countries is staggering. A new chart circulating on X shows that Iran can mine one Bitcoin for just $1,320 in electricity costs, making it one of the cheapest places on earth to produce BTC. With today’s prices, that translates into an 83x profit margin if sold on the market. The cheapest vs. the priciest places to mine Iran isn’t alone at the bottom end of the cost spectrum. Ethiopia ($1,990), Sudan ($3,970), Cuba ($3,970), and Libya ($5,290) all show dirt-cheap energy inputs that make...

- Gavin Newsom Wants to Launch a Meme Coin Just to Troll Trump California governor Gavin Newsom has said he will release his own meme coin in the Democratic politician's latest dig at President Donald Trump. Newsom said Friday on the Pivot podcast that he'd step up his campaign to mock President Trump by releasing "Trump Corruption Coin." The California governor joked that the upcoming cryptocurrency would do better than the digital token President Trump released in January, the Solana-based cryptocurrency that trades as Official Trump. "We're about to put a meme coin out and you know what, Donald Trump? We'll see how well your coin does versus our coin," Newsom said. He added that "Trump Corruption Coin" would be the best name...

- "MicroStrategy could join the S&P 500 as early as Friday" The world's largest Bitcoin treasury firm, Strategy (Nasdaq: MSTR), formerly MicroStrategy, could join the S&P 500 list as early as this Friday, the popular Bitcoin investor Lark Davis said on Sep. 1. Davis added that the move will trigger billions in funds from older investors to flow into MSTR and Bitcoin. MicroStrategy's S&P 500 debut could be a big win for crypto The S&P 500 Index is a list of 500 of the largest public companies in the U.S. For a company to be included in the list, it should meet certain criteria. Wall Street veteran Josh Mandell, who nailed Bitcoin's $84,000 prediction for March 2025, thinks Strategy has already been included in the S&P 500 and only...