Crypto News

- Eric Trump: Bitcoin Enables Finance With ‘No Disparity’ Between Classes Speaking at the Bitcoin Asia conference in Hong Kong on Friday, Eric Trump, son of U.S. President Donald Trump, argued that Bitcoin marks the first time in the history of finance where “there is no disparity between socioeconomic classes.” In a fireside chat, Trump shared remarks on how his father has championed the crypto industry, recounted how he entered the space, and highlighted his family’s deepening ventures into crypto and digital assets. “The traditional financial system in the world has benefited guys like me, and it hasn't benefited the vast majority of people,” Trump said onstage, adding that it “benefits the people that were fortunate enough to...

- Ethereum ETFs catch ‘relentless bid’ as Ether price seen to top $20,000 Investors are pouring into Ethereum. Exchange-traded funds for Ethereum raked in $4 billion in August alone, according to data from SoSoValue. If that amount stays constant, it would reach $50 billion in annualised flow — surpassing the $36 billion Bitcoin ETFs pulled in last year, according to Matt Hougan, chief investment officer at Bitwise Asset Management. And there’s much more money to go around, Hougan said in an August 28 interview. “There’s a relentless bid for Ethereum ETFs,” Hougan told podcaster Scott Melker. “It’s a flood of money into a relatively small asset, which is why the chart looks so good. And I think it’s going to continue for the rest...

- Bitcoin dropped below the $109,000 mark on Friday—bringing other cryptocurrencies with it—as stocks and other risk assets dipped while traders digested new inflation data. The leading cryptocurrency was trading at its lowest level since early July on Friday morning New York time at $108,617, CoinGecko data shows. Over a 24-hour period, Bitcoin is down by close to 4%. Zooming out further and the flagship cryptocurrency has taken an 8% hit over the last 30 days. Earlier this month, the coin hit a new all-time high of $124,128 but it's now 12% below that level. Ethereum, too, fell over the last day, erasing its gains over the past seven days after breaking its price record from 2021 last week. The second biggest coin was trading for...

- Hyperliquid whale’s $15m XPL token trade lays bare platform’s vulnerabilities once more Hyperliquid faces criticism after a whale trader inflated the value of futures contracts for the XPL token by 200%, netting $15 million and inflicting millions of dollars in losses for other traders on Wednesday. Those traders now demand answers on why Hyperliquid didn’t do more to protect them from the large trader who managed to distort the price. “This was not simply about a whale’s action, but about the mechanics of how it was possible to force the price up on Hyperliquid while other exchanges remained stable,” Monolith, a crypto hedge fund, said in a statement. Monolith, as well as several other traders who lost money during the incident...

- 3 Money Experts Who Love Crypto — And 3 Who Hate It Cryptocurrency continues to divide the financial world like few other topics. Even among respected money experts, opinions range from enthusiastic endorsement to complete dismissal. The split isn’t just about investment strategy. It reflects fundamental disagreements about the future of money, technology, and financial systems. Some experts see crypto as revolutionary technology that will reshape finance. Others view it as speculative gambling that threatens traditional wealth-building principles. Here’s how six prominent financial experts line up on the crypto debate. The Crypto Enthusiasts These three are definitely on the supportive side of crypto. Kevin O’Leary The “Shark...

- Tron, the blockchain founded by crypto entrepreneur Justin Sun, will lower its fees by 60% after the cost to use the network doubled over the past year. On Friday, the proposal to cut fees passed a vote among the network’s block producers, also called super representatives. “In the short term, Tron’s profitability will be affected, since network fees are directly reduced by 60%,” Sun said in an X post announcing that the vote had passed. “However, in the long run, profitability will improve as more users and more transactions take place on the Tron network.” The move comes after transaction fees on Tron soared to an all-time high in June. TRX, the network’s native token, which is used to pay transaction fees, has rallied 126% over...

- The U.S. stock market is trading at record highs, raising concerns that valuations may be overstretched compared with global peers. However, in a note on Friday, analysts at Capital Economics said that while the gap is clear, it is not as severe as it first appears. “The U.S. stock market is at an all-time high, thanks in part to rapid earnings growth and expectations for that to continue,” the firm wrote in a note. “But rising valuations have also played their part, to the point where U.S. equity valuations look, at face value, increasingly stretched relative to those elsewhere.” However, using data from its newly launched Equities Dashboard, Capital Economics argued that some of the gap is justified. “The valuation gap between...

- Ethereum Price Dips Below $4,400 as Publicly Traded Treasuries Stack ETH Ethereum's price slipped below $4,400 Friday morning, days after setting a new all-time high. ETH has since recovered to just over $4,400, but remains down by 4.4% on the day, outpacing the broader crypto market’s 2.6% drop, according to CoinGecko data. The decline comes after Ethereum set a new all-time high of $4,946.05 on August 24, with the token now down 11% from that peak. Despite the downturn, ETH remains up 16.6% over the past month and 73.2% over the past three months. The latest fall comes after Ethereum struggled to sustain momentum earlier this year, lagging behind Bitcoin’s surge to record highs. A resurgence of investor interest, however, has...

- The cryptocurrency market has been volatile, with Bitcoin (BTC) falling to a seven-week low earlier this week before recovering marginally on Thursday. The decline came after Bitcoin hit an all-time high earlier last month. The cryptocurrency has had an impressive year so far and still has potential to resume the rally. The recent decline is temporary and has been triggered by several macro concerns. It would thus be ideal to take the "buy-the-dip" approach and invest in crypto-focused stocks. We have selected three stocks: Interactive Brokers Group IBKR, Robinhood Markets, Inc. HOOD, and PayPal Holdings PYPL. Each of these stocks has strong growth potential for 2025 and has seen positive earnings estimate revisions in the past 60...

Morning Minute: The US Just Put GDP On-Chain GM! Today's top news: 🇺🇸📊 The U.S. Just Put GDP On-chain A major U.S. agency has pushed core macro data on-chain, opening a brand-new lane for crypto markets. What Happened The Commerce Department began publishing official economic stats on blockchains and tapped oracle providers Chainlink and Pyth to distribute the data for smart contract use. The initial rollout includes multiple networks, with Chainlink feeds already live. The market reacted positively, with PYTH surging roughly 100% on the announcement, and LINK increasing by 5-8% before experiencing a slight pullback. What They’re Saying “The Department of Commerce is going to start issuing its statistics on the blockchain… and...

- MassMutual, Orion unveil new wealthtech platform MassMutual has partnered with wealthtech solutions provider Orion to introduce a new Wealth Management Solutions (WMS)-Orion platform. This initiative aims to deliver a cohesive and adaptable technology and investment experience to MassMutual’s network of more than 6,500 affiliated financial professionals across the US. The WMS-Orion platform consolidates vital functions for advisors into a singular, integrated solution. It offers an integrated advisor experience that facilitates seamless workflows across various functions such as financial planning, proposal generation, portfolio management, and risk intelligence. Additionally, it provides expanded investment access through...

- XRP Is Down 15% Since Its All Time High This Summer. What Can Investors Expect As the Crypto Sector Approaches 2026? Key Points It's August 27, and XRP is down 15% from July's multi-year highs today. Many of the challenges that weighed on XRP in recent years have dissipated, but what's next for the core token of the RippleNet international payment platform? Let's take a look. A long and winding road (right through the courthouse) Once upon a time, XRP (also known as Ripple) was nothing more than an international payment tool. The RippleNet service had a global network of local bank partnerships and strict observation of border-crossing money transfer regulations. On this platform, it was easy and transparent to send money from...

- Eric Trump on US Support of Bitcoin, China's Crypto Power Eric Trump, the son of President Donald Trump, calls China "a hell of a power" in crypto and also discusses how the White House is ensuring that the US "is winning the digital revolution." Trump made the remarks in a question-and-answer session with crypto investor David Bailey at the Bitcoin Asia conference in Hong Kong. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/eric-trump-us-support-bitcoin-110528860.html

- Stablecoins hit record $283bn as analysts eye path to $2 trillion by 2029 There are more stablecoins than ever. Dollar-pegged cryptocurrencies surged to a fresh record on Friday, further cementing their role at the intersection of crypto and traditional finance. The total value of stablecoins in circulation hit $282.83 billion, the highest ever, according to DefiLlama data. That’s a 128% increase since the start of the year, fueled by swelling demand for dollar-pegged tokens amid regulatory tailwinds. The only question that remains is how much higher. The industry’s growth is “hard to guess but clearly many big, skilled players want to move fast,” Garett Jones, chief economist at ratings agency Bluechip, told DL News. “A trillion...

- China property developer Seazen says it will explore real-world asset tokenization HONG KONG (Reuters) - Chinese property developer Seazen Group is setting up an institute in Hong Kong to push forward real-world asset (RWA) tokenization, it said on Friday, a process that converts assets into digital tokens that can be traded on a blockchain. A move to raise funds with tokens would be the first by a major Chinese developer. Property companies have been scrambling for liquidity since the sector slipped into a debt crisis in 2021, leading to many defaults. Seazen, which is deemed to be financially sound, said in a stock exchange filing earlier on Friday it has created the Seazen Digital Assets Institute to explore the feasibility of...

If You'd Invested $1,000 In XRP 5 Years Ago, Here's How Much You'd Have Today Key Points Blockchain company Ripple launched its cryptocurrency, XRP, in 2013. Like many coins, XRP has experienced major ups and downs, and it is now the third-largest cryptocurrency. Five years ago, XRP traded at a price of $0.28. You could have bought 3,571 tokens for $1,000. The current price is $2.98 (as of Aug. 26), meaning that $1,000 investment would now be worth $11,178. While XRP probably won't replicate those results over the next five years, there's reason to believe it can continue outpacing the crypto market. Institutional investors and corporations could drive more growth for XRP XRP could be the next cryptocurrency to gain traction with...

- Key Points It's been a crypto-filled year since President Donald Trump's administration took office. It has removed strict regulations and passed several pieces of landmark crypto legislation that could very well reshape the industry. This has made longtime crypto bulls even more bullish that the sector will become mainstream and push crypto prices to new heights. One of those bulls is Cathie Wood from ARK Invest, who has always believed in technology's ability to disrupt, making crypto and blockchain a natural part of ARK's portfolio. Here's one top cryptocurrency to buy before it soars 3,536%, according to Wood. Real world utility could be significant for this cryptocurrency One of the cryptocurrencies Wood and ARK are...

- 4 Reasons Bitcoin Has Given up Its Gains From the Summer Bitcoin's (CRYPTO: BTC) price reached a new all-time high of $124,291 on Aug. 13. But as of this writing, it's pulled back to about $112,500 -- and some bearish investors expect it to drop even further. Let's see why the top cryptocurrency is gradually giving up some of its massive gains from the summer. 1. A murky outlook for future rate cuts Bitcoin's price was driven higher by the Federal Reserve's three interest rate cuts in 2024, which drove many investors back toward riskier assets like cryptocurrencies. At the start of 2025, most investors expected the Fed to keep cutting its rates as inflation cooled off. Yet the Fed didn't cut its rates at all this year. Many...

- Key Takeaways Those who enjoyed the "Summer of Crypto" may not need to fret about the coming of fall. The top U.S. securities regulator is expected to soon decide how new crypto spot ETFs are launched, a move that could herald a raft of new products. The Securities and Exchange Commission could as soon as late September give the nod to new listing standards for commodity- and crypto-based exchange-traded products, paving the way for a range of new offerings the industry has been eager to introduce. Several regulatory plates are currently spinning, some which would enable the approval process of others. A nod on the listing standards, for example, could speed up approvals for exchange-traded funds based on the solana (SOLUSD) and...

- Bitcoin Crests at More Than $124,000, Then Drops 10%. Should Investors Buy, Sell, or Hold? Key Points Bitcoin (CRYPTO: BTC) is having a record-breaking year. It has set several new all-time highs since it broke the $100,000 barrier at the end of last year. Optimism about shifting government attitudes, institutional buying, and wider economic factors have all spurred it on. But it has struggled in recent weeks as investor sentiment becomes more cautious. The lead crypto topped $124,000 on Aug. 13, before falling almost 10% in the following two weeks. This type of price action raises a number of questions for investors. If you don't hold Bitcoin, you may be wondering if the pullback is a buying opportunity. If you own Bitcoin, you...