Crypto News

- Golden Cross Signal Fades as XRP Slumps Below $3 XRP slid to $2.97 in its sharpest decline in weeks, shedding 5.4% over a 23-hour stretch as retail selling overwhelmed order books. The move came on surging volumes that eclipsed daily averages, but whale wallets quietly absorbed the dip — scooping 440 million tokens worth $3.8 billion. The divergence between retail capitulation and institutional accumulation sets up a pivotal point around the $3.00 mark. News Background - XRP fell from $3.14 to $2.97 in under 24 hours, posting its steepest pullback since July. - Whale buyers added 440 million XRP even as retail traders dumped holdings. - A symmetrical triangle pattern has formed, with a breakout target near $3.90 if resistance...

- Bitcoin’s record-breaking rally is a mirage measured by an ‘unpredictable ruler,’ analysts say Bitcoin’s eye-watering rally isn’t exactly what it’s chalked up to be. That’s how analysts describe the new $124,000 all-time high that Bitcoin achieved on August 14 after a 32% rise since the start of the year. The rally, they say, reflects inflation more than real value growth. According to a brief from Presto Research’s Peter Chung and Min Jung, traditional fiat currencies are unreliable yardsticks for evaluating Bitcoin’s performance. They argue that as long as central banks can arbitrarily inflate supply, any price gains measured in fiat are inherently misleading. “It’s akin to measuring height with a ruler whose units change...

- Winklevoss Twins' Crypto Trading Platform Gemini Files for IPO Gemini Space Station, the cryptocurrency trading platform founded in 2014 by famed cryptocurrency investors Cameron and Tyler Winklevoss, has registered to launch an initial public offering. In a filing with regulators, Gemini said that the number of shares and the price of the offering have not yet been determined. The company explained that it has had a lifetime trading volume of $285 billion and boasted more than $18 billion worth of crypto under custody as of June 30. The Winklevoss twins wrote in the prospectus that with crypto, "a new Golden Age is upon us.” They said the financial markets "are moving onchain" and that "digital assets are profoundly changing the...

- (Bloomberg) -- In the grand banking hall of Cipriani 42nd Street in Manhattan last week, crypto advocates gathered beneath marble columns and chandeliers to declare the arrival of a new financial era — one that goes way beyond Bitcoin. Just days earlier, Ether, the second-largest cryptocurrency in the world, had surged by about 75% since June to an almost all-time high. Now, inside the former Bowery Savings Bank building, digital-asset executives gathered for what felt like both a victory lap and a sales pitch. The campaign: to convince the financial community that Ether is not just another speculative coin, but the core of a future monetary system — and that corporate treasuries locking it away could accelerate that vision...

- Perplexity now supports live earnings call transcripts for Indian stocks AI startup Perplexity is augmenting its Finance dashboard with live transcriptions of Indian public companies’ quarterly earnings calls, as well as a calendar to show schedules for post-results conference calls. Alongside surfacing news about the markets, Perplexity’s Finance dashboard shows market summaries, stock exchange charts, and top-performing stocks. The dashboard also lets users create stock watchlists, track sector performance, and see cryptocurrency performance. Until now, the dashboard only showed transcripts for U.S. stocks. This article has been published in Yahoo.com via Yahoo News...

- Bitcoin (BTCUSD) prices fell Monday as investors continued to take profits after the token hit record highs last week. The token, which hit a record high of $124,500 early Thursday, was down around 2% at about $115,179. Ether, the second-biggest digital coin, is also down, falling 3% at around $4,335, while XRP dropped around 4%. President Donald Trump signed an executive order earlier this month that would open the door for workers to invest in crypto and other alternative assets in their 401(k) retirement accounts, buoying prices of the asset class. Crypto-Tied Stocks Impact Meanwhile, crypto-tied stocks are dropping in premarket trading Monday. Shares of software maker Strategy (MSTR), the company that has popularized the...

- Key Points Entering the world of crypto investing can be a daunting experience. A massive number of cryptocurrencies exist -- over 15 million, according to CoinMarketCap data. Because of how easy it is to launch a new cryptocurrency, the number is only growing. But most of them have little to offer for investors. Crypto is a top-heavy market, and it's full of scams and projects with no legitimate use or value. So, which cryptocurrencies are worth your time? Start with these three to better understand the use cases for crypto and the top investment opportunities. 1. Bitcoin Launched in 2009, Bitcoin (CRYPTO: BTC) is the first cryptocurrency and the most successful. Remember how I said that the crypto market is top heavy? Well...

- For Immediate Release Chicago, IL – August 18, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: MicroStrategy MSTR, Grayscale Bitcoin Trust ETF GBTC, iShares Bitcoin Trust IBIT, Fidelity Wise Origin Bitcoin Trust FBTC, ARK 21Shares Bitcoin ETF ARKB and Bitwise Bitcoin ETF BITB. Bitcoin Hits Record High: ETFs in Focus Bitcoin recently rose above $124,000, hitting a fresh record as institutional buying and expectations of looser monetary policy in the United States fueled the rally. The world’s largest cryptocurrency has climbed about 30%...

- Standard Charted has seized the stablecoin opportunity in Hong Kong (China SAR) Standard Chartered has entered Hong Kong (China SAR)’s stablecoin sector as the SAR passes a law—the Stablecoins Ordinance—allowing licensed businesses to issue fiat-referenced tokens. Initially, only a limited number of licenses will be offered, providing Standard Chartered with an opportunity to capitalize on strong demand for crypto and shape client-facing infrastructure, pricing, and standards as an early licensee, even if uptake will build more slowly than in other hubs, such as the US. The Stablecoins Ordinance, which came into effect on 1 August, turns the issuance of fiat-referenced stablecoins into a licensed activity with a focus on stability...

- Standard Chartered Seizes the Stablecoin Opportunity in Hong Kong (China SAR) Standard Chartered has entered Hong Kong (China SAR)’s stablecoin sector as the SAR passes a law—the Stablecoins Ordinance—allowing licensed businesses to issue fiat-referenced tokens. Initially, only a limited number of licenses will be offered, providing Standard Chartered with an opportunity to capitalise on strong demand for crypto and shape client-facing infrastructure, pricing, and standards as an early licensee, even if uptake will build more slowly than in other hubs, such as the US. The Stablecoins Ordinance, which came into effect on 1 August, turns the issuance of fiat-referenced stablecoins into a licensed activity with a focus on stability...

- Thailand to launch crypto-to-baht conversion for foreign tourists BANGKOK (Reuters) - Thailand will launch an 18-month pilot program to allow foreign visitors to convert cryptocurrencies into baht to make payments locally, officials said on Monday, as part of efforts to rejuvenate the country's critical tourist sector. Conversions will be capped at 550,000 baht ($16,949.15) to test the system and prevent money laundering, Finance Ministry permanent secretary Lavaron Sangsnit told reporters, adding that the limit could be reassessed after the pilot period is over. The initiative comes amid a decline in foreign tourist arrivals in Southeast Asia's second-largest economy. Tourists will be able to make the conversions through...

- Bitcoin at $140,000? Traders load over $1bn into bets that price will surge in September Bitcoin’s record run is enticing options traders to plough over $1 billion into bets that the price will trade above $140,000 by September 26. Data from derivatives exchange Deribit shows bullish positioning, underscoring confidence that the rally has more room to run. “The demand is here, and I expect to see Bitcoin surpass $250,000 by the end of the year,” Kyle Chasse, founder of venture capital firm MV Global, said in comments shared with DL News. Call options give buyers the right, but not the obligation, to purchase Bitcoin at a set price. In this case at $140,000 on or before the contract expires. The optimism comes as Metaplanet, a...

- Exploring retail-focused investment funds Investing in retail-focused funds offers a strategic approach to capitalise on consumer spending trends and the evolving retail landscape. These funds provide exposure to companies within the retail sector, encompassing both traditional brick-and-mortar stores and the expanding e-commerce platforms. This article delves into the types of retail investment funds available, their benefits, and considerations for investors. Understanding retail investment funds Retail investment funds are pooled investment vehicles that allow individuals to invest in a diversified portfolio of retail sector companies. These funds can be broadly categorised into two main types: Exchange-Traded Funds (ETFs) and...

- Is Solana a Millionaire-Maker? Solana (CRYPTO: SOL), the native cryptocurrency of the Solana blockchain, turned a lot of its early investors into millionaires. It was officially launched in 2020, but it previously sold some of its tokens at just $0.04 in a seed sale in 2018. Solana now trades at about $185, so a $1,000 investment in that seed sale would be worth almost $5 million today. However, Solana trades more than 35% below its all-time high from this January. Let's see why this cryptocurrency initially rallied, why it pulled back, and whether it can churn a fresh $1,000 investment into $1 million again during the next few years. Why did Solana's price skyrocket? Unlike Bitcoin (CRYPTO: BTC), which is mined with the...

- Which Is the Better Choice for Investing $10,000 Right Now: Palantir or XRP (Ripple)? Key Points What's the best-performing S&P 500 stock so far in 2025? There's no contest. Palantir Technologies (NASDAQ: PLTR) has trounced all other contenders with a year-to-date gain of over 140%. There isn't an equivalent of the S&P 500 for cryptocurrencies. However, among digital currencies with a market cap of at least $100 billion, XRP (CRYPTO: XRP) (sometimes referred to as Ripple, which is the name of the company that popularized the cryptocurrency) is the clear winner with a year-to-date gain of around 60%. Stocks and cryptocurrencies are vastly different, yet they vie for the same pool of investors' hard-earned cash. Which is the better...

- The Total Market Cap for All Cryptocurrencies Just Passed $4 Trillion. But Can This Rally Continue? Key Points When the tide comes in, a lot of boats float -- even some that probably shouldn't. In that vein, the crypto sector's tide just rolled to a new high-water mark, with the entire market's value cresting at more than $4.2 trillion. Put simply, money is showing up. The important question for long-term investors is whether the forces pushing prices higher are likely to stick around, fueling a continuation of the rally. If they are, there's still plenty of time to buy and get a decent return, but if they're not, waiting for a correction or a bear market would provide better opportunities, so let's take a look at what's happening...

- Key Points Cathie Wood has built a reputation on Wall Street for making bold -- and, at times, seemingly unconventional -- predictions. As CEO and Chief Investment Officer of Ark Invest, Wood was an early champion of electric vehicle (EV) pioneer Tesla and artificial intelligence (AI) software developer Palantir Technologies -- two picks that, in retrospect, appear to have been obvious opportunities. Given Wood's penchant for asymmetric risk assets, it should come as no surprise that she has also developed a strong conviction for cryptocurrency -- particularly Bitcoin (CRYPTO: BTC). In prior reports published by Ark Invest, Wood and her team of analysts modeled an upside price target of $1.5 million per Bitcoin by 2030. Since...

- Key Points Few data releases are more exciting or valuable for the investing community than the quarterly filing of Form 13Fs with the Securities and Exchange Commission. A 13F is a required filing no later than 45 calendar days following the end of a quarter by institutional investors with at least $100 million in assets under management. In simple terms, it allows investors to look over the shoulders of Wall Street's brightest money managers to see what they've been buying and selling. No asset manager's trading activity is more closely followed than that of Warren Buffett. Since taking the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) six decades ago, the Oracle of Omaha has witnessed his company's Class A...

- Dutch Crypto Firm Amdax Aims to Launch Bitcoin Treasury Company on Euronext Amsterdam-based cryptocurrency service provider Amdax plans to launch a bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) on the Dutch stock exchange, Amdax said on Monday. WHY IT'S IMPORTANT: Amdax's plans highlight the growing appeal of bitcoin, which has hit record highs this month. KEY QUOTE: "With now over 10% of bitcoin supply held by corporations, governments and institutions, we think the time is right to establish a bitcoin treasury company with the aim to obtain a listing on Euronext Amsterdam, as one of the leading exchanges in Europe," said Amdax CEO Lucas Wensing. BY THE NUMBERS: Bitcoin has risen nearly 32% so...

- Asia Morning Briefing: Crypto's Rising Leverage Trades Show Signs of Stress, Galaxy Digital Says 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. Leverage in crypto markets is surging back to bull-market levels, even as last Thursday’s pullback reminded traders how quickly overextended bets can unwind. Galaxy Research’s Q2 State of Crypto Leverage shows crypto-collateralized loans expanded 27% last quarter to $53.1 billion, the highest since early 2022, powered by record demand in DeFi lending and a renewed appetite for risk. That backdrop set the stage for last week’s shakeout. Bitcoin’s...