Crypto News

- Key Points Dogecoin (CRYPTO: DOGE) was one of the crypto market's first meme coins. While the cryptocurrency token was seemingly started with somewhat of a joking context, it's shown impressive staying power since its debut way back in December 2013. Through some huge swings, the cryptocurrency now has a market capitalization of roughly $33 billion as of this writing -- making it the eighth-largest overall token by measure of valuation. Dogecoin has always been a risky and highly speculative play, but it's actually managed to deliver incredible returns for investors who bought the crypto five years ago and held on to their tokens. Read on to see how much a $10,000 investment in Dogecoin made five years ago would be worth today --...

- Ukraine's biggest telecoms operator Kyivstar expects to raise between $50 million and $200 million through a landmark stock market listing in New York this year, according to three sources familiar with the matter. Kyivstar will become the first Ukraine-based company listed on a U.S. stock exchange when it joins Nasdaq via fintech entrepreneur Betsy Cohen's special purpose acquisition company (SPAC) Cohen Circle. This approach allows them to avoid some of the complexities of a traditional initial public offering. The Ukrainian company's Dubai-based parent VEON has announced the listing is expected by the third quarter of 2025 and that it will retain a minimum of 80% of the issued and outstanding shares of the telecoms business...

- Key Points XRP (CRYPTO: XRP) is up 47% for the year and remains the top-performing major cryptocurrency of 2025, outpacing even Bitcoin (CRYPTO: BTC), which is up 25%. While XRP's price performance may seem like a no-brainer investment, there are underlying issues that investors should consider, potentially capping its price gains for the rest of the year. Centralized Coin Supply XRP has a total circulating supply of 59 billion coins, but a mere handful of wallets control a significant portion of it. The top 10 XRP blockchain wallets hold 41% of the supply, and the top 20 hold 50%. Approximately 663 wallets hold at least 5 million XRP each, likely indicating insider holdings. This creates a top-heavy ownership structure, with less...

- Bitcoin Bulls Take Another Shot at the Fibonacci Golden Ratio Above $122K as Inflation Data Looms Bitcoin (BTC) bulls mounted a fresh challenge to a crucial resistance level as traders looked forward to U.S. inflation data. The top cryptocurrency rose to $122,056, testing the 1.618% Fibonacci extension originating from the 2018 bear market low and the 2022 bear market low. The 1.618% extension is derived from the "golden ratio," a revered mathematical constant in finance, which is widely found in nature and art. Many believe it also influences human psychology and market movements. This is the bulls' second attempt to scale the key resistance levels. They previously penetrated the same last month, but failed to sustain gains...

- Ether Volatility Spikes on Rally as Bitcoin Edges Back Toward Record Highs Crypto markets began Monday on a high note, with ether (ETH) up more than 21% over the past seven days to $4,300 and bitcoin (BTC) climbing 3% to within touching distance of record highs. BTC led gains among majors in the past 24 hours, with Solana’s SOL (SOL), XRP (XRP), dogecoin (DOGE), and BNB Chain’s BNB (BNB) rising nearly 1%, but reversing all profit-taking from the weekend to start the week in green. The S&P 500 recovered from last week’s post-payrolls dip to near all-time highs, while the Nasdaq set a new record on strong earnings, shrugging off political noise and fresh U.S. import taxes. ETH has outperformed sharply against this macro backdrop...

- Bitcoin Nears Record as Treasury Investors Boost Crypto Market (Bloomberg) -- Bitcoin rose to within striking distance of an all-time high as demand from institutional investors and corporate treasury buyers lifts the wider market for digital assets. Bitcoin's Recent Surge The original cryptocurrency advanced as much as 3.2% to top $122,000, not far shy of a previous record set in mid-July. A weekend rally saw Ether surge to above $4,300, its highest level since Dec. 2021. The gains come on the back of mounting interest in cryptocurrencies among large investors. So-called digital-asset treasury companies — listed vehicles that pivot into accumulating cryptocurrencies — have to date amassed a Bitcoin stockpile worth $113 billion...

- Asia Morning Briefing: Tokenized Assets Will Eclipse DeFi, Chronicle Founder Niklas Kunkel 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. Chronicle, the oracle infrastructure provider powering secure, scalable onchain financial data, has been named the exclusive partner to Grove Protocol, an institutional-grade credit platform with a $1 billion tokenized asset allocation strategy. Grove, part of the Sky ecosystem known as a 'Star', launched in June with a $1 billion allocation to tokenized collateralized loan obligations such as the Janus Henderson Anemoy AAA CLO Strategy on...

- Key Points Reddit (NYSE: RDDT) stock continued to rocket higher in this week's trading thanks to strong quarterly results. The social media player's price rose 14.2% over the last week of trading. Reddit published its second-quarter report on July 31, and the results spurred a surge in bullish momentum that extended into this week's trading. The company's share price is now up roughly 308% over the last year of trading. Reddit stock roars higher on big Q2 beats Reddit's second-quarter report arrived with results that caused investors to adopt a far more bullish stance on the company's outlook. In Q2, Reddit reported a profit of $0.45 per share on sales of $500 million. The performance came in far better than the average analyst...

- If you had put just $100 into bitcoin (BTC) in 2009, would you be a billionaire today? I asked ChatGPT to run the numbers and break them down like I was back in middle school. The answer was even more jaw-dropping than I expected. Also here’s ChatGPT’s simple explanation of what bitcoin is. Fifteen years ago, bitcoin was brand new. Satoshi Nakamoto’s invention was mostly an experiment among tech enthusiasts and cryptography fans. There were no big exchanges, no meme coins, and no Super Bowl ads for crypto wallets. Most Americans had never even heard of bitcoin, let alone thought about investing in it. But let’s say you did. Maybe you stumbled across a forum post, got curious, and decided to put $100 into bitcoin in October 2009...

- BlackRock has made bold moves into bitcoin and ether ETFs, but on Friday, the asset manager said it had no immediate plans to file for a spot XRP exchange-traded fund (ETF), dashing the community’s hopes that its entry could help extend XRP’s 2025 rally. This statement — made the day after the U.S. Securities and Exchange Commission (SEC) and Ripple Labs jointly asked an appeals court to dismiss their respective appeals, signaling an end to their nearly five-year legal battle — has left investors questioning why BlackRock remains on the sidelines. While several asset managers, including ProShares, Grayscale, and Bitwise, have filed for XRP ETFs since late 2024, BlackRock’s absence is notable, especially given its dominance in the...

- Key Points With a market cap of about $7 billion, Shiba Inu (CRYPTO: SHIB) is the second-largest meme coin. Only Dogecoin, the original meme coin, has been more successful. In its early days, Shiba Inu was a millionaire maker. If you had bought and held it for all of 2021, you would have seen your investment grow by 45,278,000%. Shiba Inu almost certainly won't deliver those kinds of returns again. But if you've been thinking of picking up any tokens, this could be a buying opportunity. Buying the dip on Shiba Inu The cryptocurrency market as a whole has been performing well this year. Bitcoin is up 23% in 2025 (as of Aug. 6), Ethereum is up 8%, and XRP has increased by 44%. However, meme coins haven't shared in this success...

- El Salvador courts crypto’s deepest pockets with new banking law Three years after legalising Bitcoin as legal tender as a means to fold retail users into the crypto ecosystem, El Salvador is creating a separate lane for high-net-worth and institutional investors. The Legislative Assembly’s newly approved Investment Banking Law allows licensed institutions with at least $50 million in capital to offer Bitcoin and other digital asset services. But not everyone will get through the door. Access will be restricted exclusively to so-called “sophisticated investors” — those with at least $250,000 in freely available funds and accredited financial knowledge. Investment banks that meet the threshold will be authorised to issue bonds...

- Tron (TRON) has stunned investors with a pivot few could have predicted — shifting its focus from its struggling theme park merchandise business to become a crypto treasury vehicle dedicated to accumulating TRX (TRXUSD), the native token of Justin Sun’s Tron blockchain. The company plans to raise capital through stock, debt, and warrants, channeling proceeds into TRX purchases and related income-generating strategies. It follows the Michael Saylor playbook of MicroStrategy (MSTR), but with a significantly less liquid and more disputed security. Tron’s aggressive rebrand is playing out on a rocky crypto stage, where token-correlated equities can significantly swing on sentiment shifts and regulation updates. About Tron Stock Tron...

- Key Points The stablecoin market has grown dramatically in recent years. According to data compiled by Visa, stablecoin supply increased from about $12 billion in 2020 to $220 billion in 2025. Some insiders think that's only the start, with Galaxy Digital Holdings predicting stablecoin supply will exceed $400 billion this year. Treasury Secretary Scott Bessent thinks it could reach $2 trillion by 2028. Stablecoins are cryptocurrencies that are pegged to real-world assets such as the U.S. dollar. They offer users the benefits of the blockchain -- such as speedy, low-cost transactions -- without the volatility of other cryptocurrencies like Bitcoin or Ethereum (CRYPTO: ETH). Let's look at why stablecoins are set to soar, what might...

- Coinbase (NASDAQ:COIN) What happened? On Monday, Compass Point downgraded Coinbase to Sell with a $258 price target. *TLDR: Compass Point eyes crypto volatility amid weak fundamentals. What’s the full story? Compass Point maintains a cautiously optimistic stance on the current crypto cycle, though it anticipates a turbulent third quarter. Weak August and September seasonality, coupled with fading retail enthusiasm for crypto treasury stocks, are likely to drive volatility. The firm also expects intensifying stablecoin competition to pressure valuations of both COIN and CRCL in the second half of 2025, aligning with its July downgrade of CRCL. Despite the broader crypto bull market, COIN’s second and third-quarter trends...

- Key Points If you didn't believe it after CoreWeave and Circle, then Figma's monster $1.2 billion debut on the public markets made it official: Initial public offerings (IPOs) are back, and in a big way. After several years of a moribund IPO market, conditions have started to thaw, and there seems to be more demand from Wall Street. Shortly after Figma, a crypto exchange called Bullish, backed by the tech billionaire Peter Thiel, announced it would go public. The shares could start trading as soon as this week. "We now intend to IPO because we believe that the digital assets industry is beginning its next leg of growth," Bullish's Chief Executive Officer Tom Farley said in the offering's registration statement with the Securities...

- Stocks and cryptocurrencies both offer investment opportunities, but they differ significantly in their nature, risks, and potential returns. The best choice for you depends on your individual financial goals and risk tolerance. However, it's well worth noting that you don't have to put cash into riskier assets like crypto to gain the returns you desire. If you have cash to put into stocks and a sufficient time horizon (three to five years at least but preferably longer) to let your investments grow for you, here are two tech names to consider that look to have considerably more potential than any cryptocurrency. GitLab GitLab (NASDAQ: GTLB) is a comprehensive DevSecOps platform. DevSecOps is a software development approach that...

- Which Is the Better Choice for Investing $10,000 Right Now: Nvidia or XRP (Ripple)? Key Points Investing isn't like a boxing match where two competitors stand in opposite corners to fight it out. Or is it? The reality is that every investment opportunity competes against other alternatives for your hard-earned money. If there were an investing version of a boxing match, I think Nvidia (NASDAQ: NVDA) and XRP (CRYPTO: XRP) (sometimes referred to as Ripple, the company that developed the digital asset) would be in the heavyweight category. Nvidia now reigns as the biggest company in the world based on market cap. XRP ranks as one of the hottest cryptocurrencies, with its price skyrocketing nearly 6 times higher over the last 12...

- Chris Larsen, Co-Founder of Ripple, Dumps 50 Million XRP. Should Investors Be Worried? Key Points Few things spook crypto investors faster than seeing an executive's wallet slide a big stack of tokens onto an exchange. When that executive helped build the network in question, the anxiety level ratchets even higher -- why would someone dump something valuable that they helped to create? That's exactly what coursed through crypto circles in late July after blockchain sleuths traced 50 million XRP leaving wallet addresses tied to Ripple co‑founder and Executive Chairman Chris Larsen. Ripple is the company that issues XRP. The transfers, worth roughly $175 million at the time, sparked a lot of hand‑wringing, so let's analyze what's...

- Ethereum (CRYPTO: ETH) blasted 49% higher during the past 30 days, vaulting to about $3,896 as of Aug. 8. That breakout has investors wondering whether the world's leading smart contract network finally shook off its seemingly interminable doldrums, or if it's merely reverting to its mean after being heavily oversold. Given the slate of fresh catalysts lining up for the rest of 2025, betting against the new trend could prove expensive. Let's dig into the forces propelling this coin higher, examine the engines that could keep it climbing, and take note of the risks that still lurk. This rally probably (still) has legs Recently, Ethereum exchange-traded funds (ETFs) have turned into black holes for institutional capital, hauling in...