XRP experienced a significant rally between August 3 and August 4, surging 6% from $2.83 to a peak of $3.03. This upward momentum was fueled by strong institutional trading volume, which exceeded 110 million during its peak hours. However, the rally was met with heavy selling pressure at the $3.03 resistance level, leading to profit-taking … Read more
Leading South Korean banks, including Shinhan, Woori, KEB Hana, and KB Kookmin, are moving quickly to enter the cryptocurrency and stablecoin markets. This strategic shift is being driven by a new political environment under President Lee Jae-myung, who is a strong advocate for digital finance innovation. His administration’s pro-crypto policies have encouraged lawmakers to review … Read more
Over the weekend, cryptocurrency markets experienced a sharp downturn, with Bitcoin retreating to a support level of $112,000 as renewed economic uncertainty weighed on risk appetite. The sell-off was triggered by President Trump’s announcement of new “reciprocal” tariffs and a disappointing U.S. jobs report from the previous week. The new import duties are scheduled to … Read more
PUMP has recently gained more than 11% in a 24-hour period, pushing its price to approximately $0.00302 with a market cap of around $1.06 billion. This rally, fueled by nearly $400 million in trading volume, signals a rebound after weeks of a sustained downtrend where the token lost over 50% of its value. The primary … Read more
Cardano’s ADA is currently trying to regain upward momentum, trading just below a significant resistance level of $0.7448. A decisive move above this point could open the door for a rally toward the next major resistance at $0.8093. Technical indicators suggest that bearish pressure is starting to ease. While short-term moving averages are still above … Read more
On August 3, 2025, reports circulated claiming that China had re-issued a ban on cryptocurrency, causing initial market volatility. However, sources close to Chinese authorities have denied these rumors, confirming that no new official restrictions have been announced. The regulatory status quo from 2021 remains in place, where crypto trading and mining are banned, but … Read more
Ripple has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) for a federal charter to establish a limited-purpose national trust bank. According to public records, this new institution would serve as a regulated entity for holding reserves for Ripple’s stablecoin, RLUSD, and for developing infrastructure for tokenized financial products. … Read more
On August 4, Coinbase’s Base, an Ethereum Layer 2 network, surpassed Solana in daily token issuance, a milestone largely driven by the decentralized social platform Zora. This development signals Base’s increasing influence and a potential shift in on-chain dynamics. The surge is attributed to Zora’s “Creator Coin” model, which allows users to turn digital content … Read more
Kraken is moving forward with plans for a potential Initial Public Offering (IPO) that could value the crypto exchange at over $15 billion. The company is currently in a fundraising round to secure $100 million in capital, with the goal of completing it by the end of the year. This comes after Kraken had previously … Read more
This week in the NFT space saw a mix of market surges, a major legal reversal, a shift in meme coin dominance, and a new mainstream push. CryptoPunks’ Market Resurgence CryptoPunks experienced their strongest week in over a year, with trading volume soaring. The floor price of these popular NFTs briefly climbed above $200,000 for … Read more