Crypto News

- Ripple (XRP) and Stablecoins: 4 Things Investors Need to Know **Key Points** Stablecoin adoption is growing rapidly this year, with the total stablecoin market, led by U.S. dollar coins Tether and USDC, now worth over $280 billion. The U.S. passed crypto legislation covering stablecoins last month with the Genius Act, and major financial institutions are exploring the possibility of launching their own stablecoins. Ripple, the issuer of XRP, is one of the blockchain companies that has been making a significant push into stablecoins. If you're an XRP investor, here's what you should know about Ripple's recent moves and how they could affect its flagship cryptocurrency. Ripple launched its first stablecoin last year Ripple...

- Is First Trust Mid Cap Core AlphaDEX ETF (FNX) a Strong ETF Right Now? A smart beta exchange traded fund, the First Trust Mid Cap Core AlphaDEX ETF (FNX) debuted on 05/08/2007, and offers broad exposure to the Style Box - Mid Cap Blend category of the market. What Are Smart Beta ETFs? Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. On the other hand, some investors who believe that it is possible to beat...

- Is WisdomTree U.S. SmallCap ETF (EES) a Strong ETF Right Now? The WisdomTree U.S. SmallCap ETF (EES) was launched on 02/23/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Small Cap Value category of the market. What Are Smart Beta ETFs? The ETF industry has long been dominated by products based on market cap weighted indexes, reflecting the market or a particular segment. These indexes offer low-cost, convenient, and transparent ways of replicating market returns, suitable for investors who subscribe to market efficiency. For those believing in the potential to outperform the market through superior stock selection, non-cap weighted strategies known as smart beta are appealing...

- During the 2020-2021 period, hundreds of companies entered the public markets via special purpose acquisition companies, or SPACs. And no SPAC sponsor was more prominent than Chamath Palihapitiya. More than three years since launching his most recent blank-check company, Palihapitiya has filed for a new one. He intends to raise $250 million to form the American Exceptionalism Acquisition Corp. A, and while there is currently no definitive timeline for its initial public offering (IPO), it will trade under ticker symbol AEXA. In the SPAC's Securities and Exchange Commission (SEC) filing, Palihapitiya correctly points out that there are over 700 private companies with a $1 billion valuation or higher and that there are 2,000 fewer...

- Why Fed chair’s Jackson Hole speech will determine ‘the rest of 2025’ for the $4tn crypto market Crypto is fixated on Jackson Hole this week. Federal Reserve Chair Jerome Powell is expected to signal whether September will bring the first rate cut of the year. If he hints at a cut, that is seen as a boon for Bitcoin, Ethereum and altcoins. Powell’s speech on Friday “could potentially shape the outlook for the rest of 2025,” Illia Otychenko, lead analyst at CEX.IO, the crypto exchange, said. “If he signals that rate cuts are back in September with more to follow, markets will likely rally across the board.” Jackson Hole, the Fed’s annual retreat in Wyoming, is one of the most closely watched events on the central bank calendar...

- Key Points Cryptocurrencies are a relatively new asset class, but they are here and rapidly expanding. To date, there are more than 15 million cryptocurrencies, giving investors virtually endless choices. But given how risky and volatile crypto is as a whole, it may be wise to keep things simple. Ethereum (CRYPTO: ETH) has been around for a decade and is the world's second-largest cryptocurrency by market value. Ether, the native token for the Ethereum network, has been on a tear lately; its market price has almost tripled since April, and it's beginning to approach its all-time high, set back in 2021 at the peak of a previous crypto bull market. But things have changed since 2021, and the coin's recent rally may have some serious...

- Key Points While history never repeats itself in cryptocurrency, studying it tends to make you a better investor. On that note, if you had put $2,500 into XRP (CRYPTO: XRP) five years ago, you would now have more than $26,680, or 967% more than the starting capital. The point of crunching the numbers here is not to feel bad about missing the opportunities of the past. If anything, it's to study a very impressive return to lead to a sober plan for what to do next. So, let's investigate what made that kind of run possible for XRP, and see if there are similar forces that might lead it to outperform over the next five years. What powered these enormous returns? In crypto, as in other financial markets, big returns usually come from...

- Robinhood Markets Company Overview Zacks Rank #1 (Strong Buy) stock Robinhood Markets (HOOD) has risen to become the foremost financial services platform for retail investors. Established in 2013 and headquartered in Menlo Park, California, the startup first rose to prominence by being the first mainstream broker to offer commission-free equity trading. The platform has grown its user base considerably by “democratizing” finance through its commission-free trading and zero account minimum model. During the COVID-19 pandemic, Robinhood’s business exploded amid a red-hot market and many millennials working from home. However, behind its co-founder and CEO, Vlad Tenev, Robinhood has leveraged that success to diversify and grown its...

- XRP extended losses in the past 24 hours, slipping under the $3.00 mark after a sharp rejection at resistance. A combination of blockchain security concerns and delayed regulatory decisions drove heavy selling and profit-taking across institutional desks. News Background • A security audit ranked XRP Ledger lowest among 15 blockchains, eroding investor confidence. • The SEC delayed rulings on multiple XRP ETF applications, including Nasdaq’s CoinShares filing, until October. • Heightened regulatory ambiguity and security doubts fueled portfolio adjustments at major trading firms. Price Action Summary • XRP fell 4% from $3.02 to $2.90 between August 19 at 06:00 and August 20 at 05:00. • The steepest drop came from 13:00–15:00 on...

- Better Buy in 2025: XRP (Ripple) or Bitcoin? Key Points Donald Trump campaigned on a pro-crypto agenda in the lead-up to the U.S. presidential election last November. The total value of all coins and tokens in circulation has climbed steadily following his victory, and recently hit a new record high of $4.2 trillion. Bitcoin (CRYPTO: BTC) accounts for $2.3 trillion of that value on its own, but XRP (CRYPTO: XRP) -- while much smaller -- has delivered a much bigger gain of 500% since November. Both cryptocurrencies have their merits, but which one might be the better buy for the remainder of this year (and beyond)? The case for XRP (Ripple) Ripple is the company behind the innovative Ripple Payments network, which uses blockchain...

- Ark Invest Buys $21.2M of Bullish Shares and $16.2M Robinhood Shares Cathie Wood’s Ark Invest has increased its exposure to crypto exchange operator Bullish (BLSH), with the ARK Innovation ETF (ARKK) now holding 1,165,397 shares valued at roughly $73.85 million, according to the firm’s latest holdings disclosure. The update comes after Ark added 356,346 Bullish shares to ARKK on Aug. 19, a purchase worth about $21.2 million at the close of trading in New York, when the stock settled at $59.51 at close. The buy builds on Ark’s earlier allocation of more than 2.5 million shares spread across three ETFs on the day of Bullish’s debut. Bullish is the owner of CoinDesk. Ark also extended its buying spree in Robinhood (HOOD), purchasing...

- Asia Morning Briefing: Market Observers Say Bitcoin’s Structure Looks Weak Even as Industry Strengthens 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. As Asia begins its trading day, BTC is down 3% in the past 24 hours, changing hands at $113,000, while Ether is also in the red, down 5.6% to $4,100, extending a week of weakness across majors. The pullback comes despite a continued stream of bullish headlines, underscoring what market observers say is a widening gap between short-term price action and longer-term structural progress. In a recent report, Glassnode frames the decline as a...

- Crypto Bleeds Ahead of Powell's Jackson Hole Speech — Eight Reasons Why Traders Are Nervous Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed's FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday. Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200. XRP tumbled 6.2%, Cardano's ADA slid 8%, and the broader crypto market was down 3.2%. Shares of crypto-related companies, such as bitcoin miners, crypto exchanges, and digital asset treasury firms, suffered even bigger losses, with MARA, COIN, and MSTR closing today's regular session down 5.7%, 5.8%, and 7.4%, respectively. By contrast, in...

- Bullish makes crypto IPO history, then tanks Bullish, the global digital asset platform behind the BLSH stock ticker, has completed a landmark IPO, becoming the first U.S. public company to settle the majority of its offering proceeds in stablecoins. The offering, which took place on August 14, raised $1.15 billion — a significant sum for a company bridging traditional finance and the digital asset economy. But what truly set the listing apart was its structure: proceeds were settled using a basket of stablecoins including USDC, EURC, PayPal USD (PYUSD), Ripple USD (RLUSD), and others, all held in custody by Coinbase. Bullish operates a regulated spot and derivatives exchange, offering deep liquidity powered by a combination of...

- Strategy Tumbles to 4-Month Low as Crypto Stocks, Digital Asset Treasuries Sink Crypto-related stocks tumbled on Tuesday in a broad-market crypto slide that brought bitcoin (BTC) down to $113,000. Strategy (MSTR), the largest corporate owner of BTC, closed the session 7.8% down at $336, at its weakest price since April 22. Ethereum (ETH) treasury firms SharpLink Gaming (SBET) and BitMine (BMNR) lost 8%-9%, while Solana-focused accumulators DeFi Development (DFDV) and Upexi (UPXI) plunged 13.7% and 9%, respectively. Digital asset investment firm Galaxy (GLXY) slid 10%, while Robinhood (HOOD) sank 6.5% and Coinbase (COIN) fell 5.8%. BTC miner MARA Holdings (MARA) declined nearly 6%, while some high-flying HPC names like Bitdeer...

- The crypto market experienced increased volatility this past week, as Bitcoin reached a new all-time high before losing ground, while regulation updates and new exchange IPOs kept investor sentiment stable. As per Kraken, Bitcoin soared to $122,900 on August 13, briefly eclipsing its July high, but this surge was short-lived. Profit-taking and market caution dragged the world's largest cryptocurrency down to $114,363 on Tuesday, marking a 4.1% weekly decline. Other market indicators showed investor caution. However, it is reasonable to believe Bitcoin's dominance is still solid. As of Tuesday, Bitcoin's dominance is just under 59%, continually cementing its leading position in the sector. Ethereum demonstrated longer-term...

- Key Takeaways The first federal regulatory system signed into law brought about something of a summer awakening for stablecoins. Whether the roughly $270 billion global market in tokens pegged to real-world currencies will grow to trillions and eat into traditional financial services industries remains to be seen. Stablecoins, now predominantly used for crypto trading and for dollar access outside of the U.S., have been prophesied to replace and modernize legacy systems with blockchain efficiency. However, total disruption is unlikely, according to a report published Tuesday by Goldman Sachs Research. Analysts noted that stablecoin benefits will accrue to the infrastructure layer of the financial sector, particularly in interbank...

- Bowman on How Fed Views AI, Crypto: 'Change Is Coming' Federal Reserve Governor Michelle Bowman says banks and regulators must embrace the benefits of new technologies such as artificial intelligence and crypto or risk diminishing their role in the economy. She speaks at the Wyoming Blockchain Symposium. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/bowman-fed-views-ai-crypto-201538753.html

- Tokenization is Unavoidable: Securitize CEO Domingo A recent report from JPMorgan says that tokenization is bearish and that demand for tokenized assets on Wall Street hasn't taken off. However, Securitize CEO & Co-Founder Carlos Domingo believes that tokenization is 'unavoidable.' He explains more with Tim Stenovec on 'Bloomberg Crypto.' This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/tokenization-unavoidable-securitize-ceo-domingo-193508263.html

- Thumzup, a small-cap digital marketing firm with ambitions beyond social influence, made waves in the crypto space this week. While the company has built its brand on rewarding users for posting brand promotions on social media, it is now setting its sights on blockchain infrastructure. The pivot caught the attention of markets and investors alike, especially with one big name surfacing in recent regulatory filings: Donald Trump Jr. Trump Jr. linked to sudden drop in Thumzup stock Shares of Thumzup Media Corporation (TZUP) dropped nearly 46% Tuesday after the company announced it would buy Dogehash Technologies, Inc., a North American crypto miner that is focused on Dogecoin and Litecoin. In the midday session, the stock had...