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As physical gold hits record highs, Tether Gold’s (XAUt) market cap surges past $800 million, while Bitcoin treasury firm Twenty One Capital expands holdings.

OpenAI’s latest funding round, which values the company at $300 billion, was five times oversubscribed amid surging investor demand for AI, according to The New York Times.

#regulation

Kugler's departure allows Trump to influence Fed policy direction amid ongoing tensions over interest rate strategies and leadership dynamics.
The post Fed Governor Kugler to step down on August 8, giving Trump chance to name replacement appeared first on Crypto Briefing.

#mining #crypto #politics #adoption #featured

HIVE Digital co-founder Frank Holmes stated this week that several sanctioned nations are actively mining Bitcoin (BTC) in secret, turning to the crypto as an alternative revenue stream in the face of U.S. financial restrictions. Holmes made the claims during a recent interview with the Roundtable. He tied a recent drop in global mining difficulty […]
The post Sanctioned nations are secretly mining Bitcoin and the clues are in the hash rate appeared first on CryptoSlate.

Gemini looks smart, but can it actually trade? We put it to the test with sample trades and break down where it helps and where it doesn’t.

The value of Bitcoin has grown substantially since the BTC community asserted independence from miner domination on Aug. 1, 2017.

It is essential to secure your BTC, altcoins and NFTs with a crypto inheritance plan that safeguards keys and simplifies wealth transfer for heirs.

#bitcoin #xrp #xrp price #xrp news #xrpusd #xrpusdt #stochastic rsi #xrp btc #jaydee

XRP’s recent performance has been relatively strong against Bitcoin in the past month. Over the past few weeks, the XRP/BTC pair has been quietly pushing up above the 0.00002100 level and challenging long-standing horizontal resistance levels.  Amid this movement, a new technical analysis from crypto analyst JayDee has stirred controversy on social media, with the suggestion that XRP may soon go on an explosive rally against Bitcoin before suffering a catastrophic 90% crash. Final Biblical Move To Send XRP/BTC Surging According to JayDee, XRP is entering the final phase of its multi-year structure against Bitcoin, and a dramatic breakout could be imminent. “$XRP is on the verge of having its FINAL BIBLICAL MOVE against $BTC in the coming months,” he wrote. As shown in a monthly candlestick timeframe chart of the XRP/BTC pair, which the analyst shared on the social media platform X, XRP/BTC is currently sitting around a resistance zone after escaping a long-term descending triangle back in December 2024. Related Reading: XRP Price Set To Teleport As Major Financial Players Tap In — Opportunity Window Closing Fast A thick green box shown in the chart below suggests that the next move may be a rapid surge, which could see the XRP/BTC pair trade for as high as 0.00007. At the time of writing, XRP/BTC is trading at 0.00002649. Therefore, an increase to 0.00007 will represent a 164% increase from the current levels and put the pair trading at levels not seen since mid-2019. The green target zone will likely come into play once resistance at 0.00002700 is cleared with enough volume for XRP. A strong factor that could see XRP outperforming Bitcoin by such a massive amount is if Spot XRP ETFs are finally launched in the US. Supporting this view is a bullish crossover forming on the Stochastic RSI, which is circled on the chart. The momentum indicator is currently sitting just above the 60 line, which is another sign that the pair could be on the verge of a sharp move higher. Once this bullish cross is confirmed, the rally would be massive and go along the line of many traders expecting an intense upside in a short period of time. However, the expected price overperformance of XRP against Bitcoin comes with a twist; this euphoric phase won’t last long. The Predicted 90% XRP/BTC Crash Analyst JayDee warns that what comes after this final Biblical XRP/BTC move could be devastating for most XRP holders. “Right before HISTORICAL 90% crash that will wipe out most investors,” he added.  Related Reading: XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65 The predicted crash is shown in the chart image above with a massive blue arrow pointing downward into a pink zone located between $0.000009 and $0.000007. According to the structure, this drop would return XRP/BTC to retest its long-term ascending support trendline, which has held since 2017. A 90% crash in the XRP/BTC pair could happen if XRP experiences a severe price breakdown below $3 and $2. Alternatively, XRP could underperform and drive the ratio downward even without a sharp XRP price decline if Bitcoin regains dominance and begins setting multiple new all-time highs. Featured image from Getty Images, chart from Tradingview.com

Bitcoin derivatives data shows no evidence the 2025 bull run is over despite BTC price sliding to lower support levels below $115,000.

#price analysis #altcoins

Solana (SOL) saw a massive jump in open interest during July, rising by over 370%, which shows a strong return of market interest. This sharp rise could signal a possible price comeback, especially after SOL triggered a drop toward $160. With more money flowing into SOL futures, many investors are now watching closely to see …

#crypto #regulation #featured

The US Securities and Exchange Commission (SEC) will expand its series of crypto roundtables and take its crypto policy outreach on the road beginning Aug. 4 in Berkeley, California. According to an Aug. 1 statement, the tour is meant to give founders and developers, especially teams with 10 or fewer employees and less than two […]
The post SEC takes crypto roundtables nationwide, opens with Aug. 4 stop in Berkeley appeared first on CryptoSlate.

Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin.

#markets #news #bitcoin #top news #market wrap #.crypto

Bitcoin and stocks are at session lows late in U.S. afternoon trade on Friday.

XRP’s $2.80–$2.95 support zone is emerging as a key battleground, with analysts calling it a critical “make-or-break” price level for the next month.

#markets #news #blackrock #market

The crypto market, as tracked by the CoinDesk 20 Index, jumped over 21% in July.

Gate enters the US market with spot trading as regulatory landscape shows signs of progress.

#trading #crypto #uk #regulation #featured

The UK Financial Conduct Authority (FCA) has formally lifted its 2021 ban on crypto exchange-traded notes (cETNs) for retail investors. In an Aug. 1 announcement, the regulator confirmed that these products will now be available on UK-regulated markets, marking a significant policy shift to broaden access to digital asset investments. The original ban was introduced […]
The post FCA opens door for UK retail investors in crypto exchange-traded notes appeared first on CryptoSlate.

#ripple #xrp #xrp price #david schwartz #ripple news #xrp news #xrpusd #xrpusdt #ripple cto #ripple price

Ripple Labs Chief Technology Officer, David Schwartz, has offered rare and pointed clarity on what drives the XRP price value in the long term, despite the company’s recent spotlight on its new stablecoin, RLUSD. In a recent exchange with an XRP supporter on social media, Schwartz emphasized that the crypto continues to sit at the core of Ripple’s payment infrastructure, especially as the main bridge asset in cross-border transfers. XRP’s Role As A Bridge Asset Is Still Central While RLUSD plays a specific role, Schwartz reveals XRP’s utility in real financial use cases will ultimately boost its value. His comments reaffirm Ripple’s longstanding plan for the digital asset, relying on XRP for its proven liquidity and built-in role on the ledger as it explores other digital options. Related Reading: XRP Set To Explode? Analyst Sees $5 Surge Any Moment – Details In his response, Schwartz directly addressed growing speculation that the company may be shifting its attention away from XRP in favor of its new stablecoin, assuring that the digital asset remains Ripple’s cross-currency asset that allows for fast, low-cost currency exchanges. While Schwartz didn’t share exact data, he said he was confident that the token’s usage “dwarfs every other asset” in Ripple’s system. XRP links to how the XRP Ledger functions, so an increase in ledger activity is almost guaranteed to drive more demand for the crypto token, naturally lifting its price value as it becomes more essential in global financial workflows. Schwartz argued that as real-world adoption of the Ripple blockchain networks grows, so will demand for XRP. The embedded demand, as more businesses and developers build on XRPL, is what could be the core driver of XRP’s future price value. Ripple CTO: Stablecoins Support, XRP Sustains Some community members worried that Ripple’s new stablecoin RLUSD, launched in December 2024, could replace the crypto token, but Schwartz clarifies that the stablecoin and XRP serve different purposes. He said stablecoins like RLUSD are better suited for use cases that require a fixed value, such as when companies post collateral or need to enter and exit markets without dealing with large price swings. Related Reading: XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter Volatility in crypto markets can be disruptive in these scenarios, and stablecoins avoid that issue by holding a steady price. However, Schwartz believes that for most other applications, especially those related to real finance and long-term holdings, digital assets like XRP are still the better choice. He noted that, unless highly risk-averse, most long-term users would likely prefer holding the top digital asset over cash because of their potential for upside and active role in blockchain ecosystems. The Ripple exec added that as more institutions turn to XRPL for financial use cases, XRP’s role in facilitating quick currency movement becomes more vital, particularly in volatile markets where stablecoins may not be ideal.  Schwartz made a subtle but important distinction, saying XRP’s place on XRPL is privileged. With this, the crypto token is less likely to be replaced or worked around, providing a long-term advantage that many other tokens may not have. Featured image from Unsplash, chart from TradingView.com

Veteran financial adviser Ric Edelman explains why Bitcoin is no longer viewed as just a speculative asset, and how portfolio strategies are evolving in response.

#opinion

Falling on-chain velocity doesn’t necessarily mean bitcoin usage is slowing. In fact, it might just mean we’re looking in the wrong place, says Stefania Barbaglio.

#opinion

Bitcoin is politically neutral. But bitcoin treasury vehicles aren’t. Are we buying the coin, or the campaign?

Shares of Coinbase, Riot Platforms and CleanSpark plunged amid a broader market sell-off driven by weak jobs data, inflation concerns and renewed tariff threats.

#pi

A wallet has scooped up over 331 million Pi coins during a major price slump, raising questions about insider moves or a strategic bet on Pi’s future.

Bitcoin started August on a bearish note, but the downturn appears to have stemmed from spot market activity rather than a wave of forced liquidations in derivatives markets. Over the past 24 hours, the flagship digital asset dropped by more than 3% to under $115,000, resulting in over $200 million in market liquidation. Glassnode data reveals […]
The post Short-term holders drove Bitcoin price decline but market remains profitable appeared first on CryptoSlate.

#police

A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice.

#markets #technical analysis #polkadot #ai market insights

Support has now been established in the $3.55-$3.58 range, with resistance at the $3.68 level.

#news #hong kong #policy #regulations #crypto #stablecoins

The new rules meal that stablecoin issuers will need to apply for a license in the region.

#bitcoin #btc #bitcoin analysis #bitcoin futures #bitcoin news #btcusdt #bitcoin correction

Bitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in short-term momentum, putting bulls on the defensive. The $117,000 level—previously a key support zone—now serves as the immediate resistance that must be reclaimed to signal a possible reversal. Related Reading: Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet The breakdown comes at a critical time, as sentiment across the market begins to shift. According to fresh data from CryptoQuant, futures sentiment turned bearish today, falling sharply before bouncing back slightly to 48%. While still close to neutral, any reading below 50% signals bearish dominance in positioning. This adds pressure to an already fragile technical structure and suggests traders are bracing for more downside. Unless bulls can recover $117K quickly and close with strength, Bitcoin risks entering a deeper correction phase. With long-term support levels still intact, the broader bull trend remains in place—but this breakdown marks the first significant loss of momentum in weeks. The coming sessions will be critical in determining whether this is just a shakeout or the start of a larger trend reversal. Bitcoin Advanced Sentiment Index Signals Rising Bearish Pressure Top analyst Axel Adler has shared new insights into the Bitcoin Advanced Sentiment Index, a key metric used to gauge futures market positioning and broader investor mood. According to Adler, the index recently dropped to 40%—a sharp decline that reflected growing risk aversion and bearish positioning. Although the metric has since rebounded to 48%, it remains below the critical 50% threshold, which separates bullish from bearish territory. This rebound signals a temporary pause in negative sentiment, but the broader trend shows a shift from bullish caution to bearish fear. Adler notes that as long as the index remains below 50%, the market lacks the confidence needed to sustain upward momentum. Traders are growing increasingly defensive, reducing long exposure and bracing for further downside. If momentum continues to deteriorate, BTC could test the $112,000 level—the previous all-time high set in May. This zone may act as psychological and technical support, but failure to hold it could trigger a deeper correction. With the Advanced Sentiment Index stuck in bearish territory and price action weakening, the market appears to be entering a riskier phase. While this doesn’t yet signal a full trend reversal, it does reflect growing uncertainty. Until sentiment and price reclaim higher ground, caution is warranted. The next move will likely depend on whether bulls can defend $112K—or if bears gain full control of the trend. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution BTC Loses Key Support After Breakdown Bitcoin has officially broken down from its two-week consolidation range, losing the critical $115,724 support level highlighted in the chart. The price reached a new local low at $114,116 before recovering slightly to the $115,100 zone, where it’s currently attempting to find footing. This marks a significant shift in momentum, as bulls failed to defend the lower boundary of the range, which held firm throughout July. The 12-hour chart shows rising volume accompanying this breakdown, adding weight to the bearish move. BTC now trades below the 50-day SMA ($116,981), confirming weakness in short-term structure. The next major support sits around $112,000—the prior all-time high set in May—which could act as a psychological and technical floor. Related Reading: Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big The 100-day and 200-day SMAs remain well below current price action, suggesting that the macro trend is still intact. However, immediate momentum has clearly shifted, and bulls must reclaim the $117,000 area quickly to invalidate this breakdown. Featured image from Dall-E, chart from TradingView

#opinion

Regulatory clarity means that traditional broker-dealers are no longer on the sidelines, says Aaron Kaplan, Co-CEO and founder of Prometheum.

Bitcoin’s tight consolidation resolved to the downside, but the failure of the bears to sustain the lower levels could push the price to new all-time highs.