REXShares’ new U.S. Solana ETF (SSK) just had a record-breaking day, attracting $13 million in new capital and reaching $66 million in trading volume. This surge in demand coincides with a 33% rally in SOL’s price after it bounced off a key technical support level. On-chain data confirms that this isn’t just retail excitement; large … Read more
On August 16, a crypto wallet associated with WLFI executed a significant transaction, spending 18.6 million USDC to acquire a large amount of Bitcoin and Ethereum. The address exchanged 8.6 million USD worth of USDC for 1,911 ETH, at an average price of $4,500 per ETH. Simultaneously, it used 10 million USD to purchase 84.5 … Read more
The U.S. Securities and Exchange Commission (SEC) has announced a major initiative called “Project Crypto,” which is designed to establish the United States as a global leader in cryptocurrency innovation. This effort, spearheaded by SEC Chairman Paul Atkins, is a direct response to the recently signed GENIUS Act, a law aimed at promoting crypto and … Read more
Ronin, a blockchain initially developed for the game Axie Infinity, is planning to migrate from being a standalone Layer-1 blockchain to an Ethereum Layer-2 network. The move, targeted for Q2 2026, aims to transform Ronin into a general-purpose chain beyond just gaming. Ronin originally separated from the Ethereum mainnet in 2021 to find better transaction … Read more
Cardano (ADA) has been on a strong run, surging 20% over the last four days and briefly touching the $1 mark for the first time since March 2nd. This recent upward momentum was a reaction to the inclusion of ADA in a new US Crypto Strategic Reserve, but its rally was halted by a market-wide … Read more
A coalition of major crypto and fintech firms, including Gemini, Robinhood, and the Blockchain Association, has sent a letter to President Donald Trump, asking him to intervene and prevent banks from imposing new fees for customer data access. The group warns that these “account access” fees could severely harm the U.S. digital finance sector, stifle … Read more
XRP’s price dropped over 6% in the last 24 hours to a low of $3.00 before recovering slightly to $3.12. This fall was part of a wider crypto market sell-off that saw over $1 billion in liquidations. The decline was marked by an exceptionally high hourly trading volume of 436.98 million units, the largest this … Read more
Mesh, a crypto payments infrastructure company, has secured additional funding from investors including PayPal Ventures and Coinbase Ventures, pushing its total capital raised to over $130 million. This new investment will allow Mesh to accelerate product development and expand its API offerings as demand for seamless cryptocurrency transactions grows among businesses. The funding round itself … Read more
South Korea, under President Lee Jae-myung, has announced a major new initiative to boost its domestic cryptocurrency market through regulatory reform. The plan, revealed on August 13, aims to build a comprehensive digital asset ecosystem, positioning the country as a global hub for crypto innovation. The new reforms are designed to provide greater regulatory clarity, … Read more
A new bill, Assembly Bill 8966, has been introduced in the New York State Assembly that would impose a 0.2% excise tax on all crypto and NFT transactions. If passed, the tax would take effect on September 1 and apply to the sale and transfer of all digital assets. The bill’s sponsor, Democratic Assembly member … Read more