XRP is up 5% over the past 24 hours, offering temporary relief from the bearish pressure that has dragged its price downward over the last week. While the recent uptick reflects broader improvements across the crypto market, on-chain data show asset-specific trends could be fueling XRP’s rebound. XRP Sentiment Shifts as Futures Buy Pressure Builds…
As Europe tightens its regulatory grip on crypto with the Markets in Crypto-Assets (MiCA) framework, companies across the industry are reassessing their global strategies. Flexibility, resilience, and speed to market are becoming the new competitive edge — and that’s sending many businesses to look beyond the familiar paths. Latin America is fast emerging as a…
Digital asset investment products recorded $223 million in outflows last week, snapping a 15-week streak of inflows. Key Takeaways: Digital asset products saw $223M in outflows, ending a 15-week inflow streak. Rate hike fears and macro volatility triggered over $1B in investor withdrawals by Friday. Bitcoin led outflows, while Ethereum and XRP continued to attract…
Ethereum-based liquid staking giant Lido has slashed its workforce by 15%, a move co-founder Vasiliy Shapovalov says is aimed at preserving the project’s long-term viability. Key Takeaways: Lido cut 15% of its workforce to focus on long-term sustainability and cost control. The protocol continues to lead in liquid staking with $31B TVL and advanced staking…
A rouble-pegged stablecoin, launched earlier this year to facilitate Russia’s cross-border payments, has crossed $40 billion in total transaction volume. Key Takeaways: Rouble-backed stablecoin A7A5 has processed over $40 billion in transactions. Launched in Kyrgyzstan, A7A5 is being used to bypass Western sanctions. Analysts warn the coin may support dual-use goods trade between Russia and…
In a recent market update, CryptonautX pointed out that Polkadot (DOT) is gaining notable bullish momentum as the new week begins. The analyst emphasized that DOT is not only showing strength in its price action but is also forming a well-defined breakout structure, signaling the potential for further upside. With momentum building and technical indicators…
Memecore ($M) is back in the spotlight, surging 55% in the past week and breaking out of a stubborn descending wedge pattern. Backed by heavy trading volume and an $870M market cap, the move has traders eyeing a potential 160% push toward its all-time high near $1. Why does this matter? Because Memecore’s breakout isn’t…
Charles Hoskinson, the founder of Cardano, has publicly defended his influence on the blockchain network’s development following growing criticism. In an Aug. 3 post on X (formerly Twitter), Hoskinson addressed the negative claims suggesting that his leadership was detrimental to Cardano’s progress. Hoskinson pointed to the success of his other project, Midnight, highlighting its significant…
Singapore-based cryptocurrency exchange JuCoin has provided a detailed explanation regarding a recent anomaly in its futures trading system and outlined its compensation plan. On August 1st, at 16:06, JuCoin experienced a brief disruption that caused an unusual price spike in the ETHUSDT perpetual contract. The ETHUSDT perpetual contract is a derivative product enabling traders to…
TL;DR Ethereum active addresses hit 674K, signaling growing network adoption and renewed on-chain participation. EIP-1559 continues burning ETH, keeping net emissions near zero and tightening overall token supply. Support zones at $3,200–$3,350 and $2,950–$3,050 could spark a rebound toward $4,000. Rising Network Usage and On-Chain Growth Ethereum (ETH) is recording higher on-chain activity, with daily…