Erebor, a nascent crypto bank, recently circulated a fundraising memo claiming that it expects a bank charter in half the normal time. If approved, the bank will integrate stablecoins at a foundational level. Several of Erebor’s tech billionaire founders are Trump allies with direct connections to the relevant regulators. This memo outright stated that their…
ChatGPT’s XRP analysis has revealed a powerful bull flag formation at $3.23, with a -2.85% pullback triggering a massive 173% volume surge to $12.62 billion. This surge comes as the SEC and Ripple have jointly dismissed appeals, officially ending a nearly five-year legal battle and clearing the path for institutional adoption and ETF approvals. With…
After failing to decisively break above the $120,000 level in mid-July, Bitcoin (BTC) could face further price corrections as whales continue to increase BTC inflows to the Binance crypto exchange. Is Bitcoin Losing Its Bullish Momentum? According to a recent CryptoQuant Quicktake post by contributor Arab Chain, fresh data from the Binance Whale-to-Exchange Flow indicator…
Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading. The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital…
A bold prediction for Bitcoin, Ethereum, and XRP prices by March 2032 has surfaced on social media, which places into perspective the future of the cryptocurrency market. The forecast, which was shared by crypto commentator Fapital on the social media platform X, reveals a vision of where these leading assets could stand seven years from…
The team behind decentralized finance (DeFi) protocol CrediX Finance appears to have vanished following a $4.5 million exploit that drained funds from the platform, sparking widespread suspicions of an exit scam. In an August 8 alert, blockchain security firm CertiK reported that CrediX Finance’s official X account went silent, while its website has remained offline…
Key Takeaways: Two Seas Capital opposes CoreWeave’s proposed acquisition of Core Scientific, citing valuation and deal structure concerns. The deal’s all-stock nature raises broader questions about shareholder protections amid volatile AI infrastructure valuations. Institutional investor resistance may indicate shifting expectations for governance and transparency in high-growth infrastructure sectors. Two Seas Capital, which holds a 6.3%…
The world is facing a water crisis that is expected to have a major impact on humanity in the coming years. A report from the United Nations predicts that by 2030, global demand for water will exceed sustainable supply by 40 percent. The World Economic Forum further notes that terrestrial water storage decreased by almost…
A fresh debate in the crypto space has emerged over whether the cost of production significantly impacts the XRP price and the value of Bitcoin (BTC). Market expert CrediBULL Crypto has outlined how these costs influence XRP’s value compared to Bitcoin, concluding that both cryptocurrencies follow the same pricing formula. XRP Price Formula Mirrors That…
Ethereum (ETH) surged past the $4,000 mark on Aug. 8, hitting its highest level this year after a sustained market rally that saw it gain nearly 50% in the past month. Data from CryptoSlate shows the asset peaked at $4,047 during US trading hours. Notably, the last time ETH traded above $4,000 was in December…