Crypto News

- Crypto Analyst Eyes XRP Breaking Out to New All-Time High Popular crypto analyst Ali Martinez, who recently nailed the XRP price prediction around the recent conclusion of the Ripple vs. Securities and Exchange Commission (SEC) legal saga, has come up with a new prediction. Martinez, known as @ali_charts on X, shared a price analysis chart for XRP on Aug. 15 in which the cryptocurrency is shown to be forming a symmetrical triangle. A symmetrical triangle is a type of price analysis pattern in which an asset's price consolidates over time, creating lower highs and higher lows. It results in two converging trendlines that look like a triangle. Once the two lines converge, the price breaks out. The chart shows XRP trading at $3.10...

- Whether or not you think crypto is a pivotal technology or generational scam, there's no arguing that there's money to be made off of it. But despite the improbable returns and all-time highs in leading digital assets like Bitcoin and Ethereum, there might arguably be even better money for investors buying companies selling access to the boom. See, there's an old adage about selling pickaxes to gold miners. And arguably, nobody's done it better than Robinhood and Coinbase. The two industry leaders spent years in the dumps after their respective 2021 IPOs, but with the years-long recession of trading speculation in the rear view, the two companies have soared. They're up 475% and 62% over the last year. Their performances have...

- One of the common presuppositional fallacies in the financial analysis industry is that the market has somehow incorrectly priced a particular security or commodity. Eventually, the argument goes, the market will recognize the correct price. Until then, there is an opportunity for investors to position themselves ahead of the move. However, as well-meaning as the argument may be, the line of thinking runs into a major dilemma; essentially, extraordinary claims require extraordinary evidence. To be fair, all arguments about the future carry a presupposition. However, what separates a reasonable forecast and a presuppositional fallacy is the nature of the assumptions. In the former situation, the assumptions are explicit, bounded and...

- Adam Back’s $2.1B Bitcoin Treasury Play Set to Challenge MARA in BTC Holdings Bitcoin Standard Treasury Co. (BSTR), a bitcoin (BTC) treasury vehicle led by cryptography pioneer Adam Back, sees itself as a company with a mission to accelerate real-world bitcoin adoption. But it might be setting out on another milestone: becoming one of the biggest corporate bitcoin holders. The company, which is preparing to go public on Nasdaq by merging with Cantor Equity Partners (CEPO), already has 30,021 BTC on its balance sheet, with plans to grow its stack beyond 50,000 coins. This will set it on the path of potentially overtaking MARA Holdings (MARA) as the second-largest corporate holder of BTC behind Strategy. MARA has more than 50,600...

- Key Points Shopify (NASDAQ: SHOP) shares are down 15% from all-time highs set during the COVID-19 pandemic stock market bubble but have risen over 100% in the last 12 months. Despite going through a brutal drawdown in 2022, business performance has been solid, as management keeps adding new commerce tools and attracting new businesses to the platform. With Shopify stock still down from all-time highs, should you buy shares in 2025 for your portfolio? Here's what the numbers say. Steady global expansion As a software and payments provider for online businesses, Shopify has grown to dominate the North American market and is now moving internationally. Last quarter, growth in payments volume for its European division was 42%...

- Ethereum stakers head for the exit, causing $3.8bn logjam If you’re looking to unstake your Ethereum, you’d better pack a lunch — and maybe a few spares. The validator exit queue has swelled to an all-time high of more than $3.8 billion worth of Ether, with average wait times now exceeding 15 days. That’s a major shift from the norm since Ethereum’s switch to proof-of-stake in 2022. Before mid-June, delays longer than 24 hours were rare and short-lived. Staking is the process of locking up ETH to help secure the network in return for yield, while unstaking is withdrawing those funds. The exodus is being driven largely by liquid staking platforms. Over the past month, Lido, Ether.Fi, and Coinbase have seen a combined 573,000 Ether...

- 1 Reason to Buy Robinhood Markets (HOOD) Stock Key Points Robinhood Markets (NASDAQ: HOOD) is breaking a new mold in the fintech market. The stock has rocketed 490% higher over the past year, sending its market cap toward $100 billion. While the stock might look overbought after such a steep rally, its customer assets are still very small compared to other leading financial service companies, which leaves plenty of room for the company (and stock) to grow in value over the long term. The more services Robinhood brings customers, the more it grows Robinhood's platform assets have increased from $89 billion in the second quarter of 2023 to $279 billion in Q2 2025. With fee-generating services like Robinhood Gold continuing to gain...

- XRP Ledger Used by Nasdaq-Listed Pharma Distributor to Power Payment System for Pharmacies Wellgistics Health Inc. is deploying an XRP Ledger-based payment system for thousands of pharmacies across the United States, deepening its bet on blockchain as it looks to overhaul healthcare finance. The Nasdaq-listed distributor (WGRX) has announced that its new platform enables independent pharmacies to pay for drug inventory and move funds instantly, bypassing banking delays and high credit card fees. Integrated with RxERP, a serialized pharmaceutical e-commerce and enterprise resource planning system, the program promises real-time tracking, lower costs, and direct settlement between pharmacies and distributors. Pharmacies can now...

- One of the Best Cryptocurrencies to Buy With $500 Right Now Cryptocurrencies aren't great investments for conservative investors, since they're usually volatile, difficult to understand, and tough to properly value. Higher interest rates also tend to curb the market's appetite for cryptocurrencies and other risky investments. Therefore, it's not a great idea to park your life savings in the crypto market. But if you have some cash you can afford to lose, it still might be smart to nibble on a few promising cryptocurrencies. One of the best tokens to buy right now is Ether (CRYPTO: ETH), which could turn a modest $500 investment into a few thousand dollars within the next few years. What sets Ether apart from other...

- Shares of Block (NYSE: XYZ) seem to be stuck in neutral. After a pandemic-fueled surge, when the world raced toward digital payments and Block rode the wave of skyrocketing adoption, the stock has cooled considerably. Today, it remains 74% below its all-time high of $289 per share in 2021. The excitement around Block's growth has faded, but don't count it out just yet. The company is streamlining operations, reigniting growth, and has recently earned a coveted spot in the S&P 500 index. Here are five compelling reasons why now might be a good time to buy Block. Block's Square segment provides a strong foundation for steady growth Block's flagship product, the Square reader system, empowers businesses to easily accept card...

- Key Points Since Donald Trump's presidential election win in early November, XRP, the third-largest cryptocurrency by market cap, has rocketed more than 400% higher, making it one of the best-performing cryptocurrencies in that time period. The big reason for the move is a change in leadership at the Securities and Exchange Commission (SEC), prompting the agency to drop or settle a number of high-profile crypto lawsuits including one against Ripple, the company behind XRP. That had been a major overhang on XRP. With the path now clear, what's next for XRP? Where will the cryptocurrency be in five years? Lofty expectations Despite XRP's monstrous performance in less than a year, many investors, analysts, and stakeholders think the...

- Key Points One of the golden rules of investing is to never put all your eggs in a single basket. By diversifying your portfolio across a wide range of stocks, bonds, and other assets, you reduce its volatility and help insulate yourself from market downturns. That's why it's sometimes smarter to simply invest in an S&P 500 index fund or exchange-traded fund, instead of individual stocks. But if I could only invest in a single stock, I'd pick one with a market-leading position, a diversified business model, and a wide moat. I'd also pick one that has consistently outperformed the S&P 500. One stock checks all of those boxes: Amazon (NASDAQ: AMZN), the world's largest e-commerce and cloud infrastructure company. Why did Amazon...

- Bitcoin Soars Past $124k, a New All-Time High. 4 Tailwinds Behind the Momentum Markets reward scarcity, and today the world's biggest cryptocurrency just reminded everyone why that principle still rules. On Aug. 13, Bitcoin (CRYPTO: BTC) traded above $124,000, surpassing its prior record. Four tailwinds are driving this move, and they're all going to stay in play for a while, so let's examine each and understand them. 1. Post-halving scarcity is biting Bitcoin's fourth halving in April 2024 cut the mining reward to 3.125 coins per block, reducing net new issuance to roughly 450 bitcoins per day. That means less fresh supply is meeting the market. And, fortunately for holders, the supply crunch is taking root just as buyers are...

- Where Will XRP Be in 3 Years? Key Points During the past year, XRP (CRYPTO: XRP) has demonstrated its explosive upside potential. It's now up more than 400% since the U.S. presidential election, and currently trades for $3.08 (as of Aug. 14). Based on this red-hot performance, many analysts are already ratcheting up their price predictions for XRP. In April, for example, Standard Chartered predicted that XRP would hit a price of $12.50 by the end of 2028. That suggests that XRP could eventually quadruple in value within just three years. But is that a realistic assumption for XRP? Institutional adoption When attempting to value XRP in the future, a key factor will be the rate of institutional adoption. In other words, how many...

- Key Points I get it: When all was said and done, DraftKings' (NASDAQ: DKNG) second-quarter earnings fell just short of estimates. Even if only by a penny, in this market environment, anything less than perfection is punishable. That's why its shares are down since last Wednesday's release of the company's second-quarter numbers. Investors briefly tested post-earnings gains, but ultimately decided there was more risk than reward. The market may not be seeing the full picture for this online sports betting site, though. After DraftKings' second-quarter report, there are four reasons I'm even more excited about this stock's long-term upside than I was before, which I will get into below. A strong quarter The second-quarter numbers...

- Winklevoss twins’ crypto company Gemini files for IPO Another crypto company is headed for the public markets. This time, it’s Gemini Space Station Inc., the New York-based crypto exchange and custodian bank founded by billionaire twins Cameron and Tyler Winklevoss. The outfit, which plans to list on the Nasdaq Global Select Market under the symbol GEMI, was founded in 2014 and operates as an exchange and custodian that offers a number of products and services, including a U.S. dollar-backed stablecoin and a credit card that offers rewards in crypto. The company’s S-1 document, which was filed Friday after markets closed, provides a look at its finances. The upshot: Gemini appears to have widening net losses. The company reported...

- Winklevosses’ Gemini Files for IPO as Crypto Listings Accelerate Gemini Space Station Inc., led by the billionaire Winklevoss twins, filed for an IPO as the cohort of crypto businesses seeking to list on public markets continues to swell. The New York City-based crypto exchange and custodian had a net loss of $282.5 million on $67.9 million revenue in the six months through June 30, versus a net loss of $41.4 million on revenue of $73.5 million in the same period a year earlier, according to a filing with the US Securities and Exchange Commission. Founded in 2014, Gemini has more than $18 billion of assets on the platform. In the first six months of this year, transaction revenue from volume-based trades accounted for 65.5% of...

- New York’s top lawyer said Ethereum is a security. A crypto lawyer is coming for her job A Coinbase alum is eyeing a longshot bid for New York Attorney General, a race that could test the crypto industry’s burgeoning political clout. Khurram Dara, a 36-year-old attorney and Buffalo native, recently left his position as the regulatory lead at Bain Capital Crypto to crisscross New York and court local chapters of the state’s Republican Party. Before joining Bain, Dara held roles at Coinbase and Fluidity, the company behind decentralised exchange AirSwap. As federal regulators step back from crypto enforcement, attention has turned to state-level regulators and attorneys general. In April, Oregon Attorney General Dan Rayfield sued...

- In his 2023 letter to shareholders, Warren Buffett reminded Berkshire Hathaway investors that major market panics "won't happen often -- but they will happen." They are a fact of life in markets ultimately made up of humans -- humans prone to getting caught up in waves of "feverish activity" and "foolishness." And while this has always been the case, Buffett was particularly concerned with the level to which the modern market appeared "casino-like," pointing out that "the casino now resides in many homes and daily tempts the occupants." Now, two years later, as the S&P 500 (SNPINDEX: ^GSPC) sets new record highs, the total margin debt in the U.S. stock market -- a direct measure of how much risk investors are willing to take and an...

- Key Points No top cryptocurrency has done better than XRP (CRYPTO: XRP) in 2025. It's up 59% for the year through Aug. 12, more than Bitcoin, Ethereum, and all the other big names. It has also added more than $50 billion to its market cap over that time frame. It's not always easy to figure out why certain cryptocurrencies catch fire like this. As meme coins have demonstrated, there can be an element of randomness to it. But in XRP's case, there are a few legitimate reasons why it has been so successful this year. 1. A crypto-friendly regulatory landscape XRP's bull run started with the 2024 presidential election, when it went from a price of $0.50 to over $2.50 in about a month. The election of Donald Trump as president was...