With a sentencing hearing scheduled in a matter of weeks, Roman Storm is potentially looking at several years in prison following a guilty verdict.
The panel could not reach a verdict on money laundering or sanctions evasion charges.
After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to commit money laundering charge or the sanctions evasion charge.
Bitcoin’s tight consolidation and Ether’s shallow pullback suggest a directional move could be around the corner.
A CEO thinks XRP is one of the most misunderstood tokens out there. Jake Claver, chief executive of Digital Ascension Group, marked his YouTube channel hitting 100,000 subscribers by talking about what might push XRP’s price higher. Related Reading: Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers Institutional Bets On XRP Backing According to Claver, Digital Wealth Partners now holds over $200 million worth of XRP. That stake shows how much confidence they have in the token’s potential. During a livestream, he pointed to the altcoin’s future role in settling tokenized assets. He believes that as more institutions adopt blockchain and tokenization, XRP could become a key link in global finance. The company isn’t only betting on price swings. It offers loans backed by crypto like BTC and XRP. Loan-to-value ratios go as high as 80% and rates sit between 13% and 16%. Claver said upcoming partnerships could cut those rates further. Reports have disclosed that the fund works alongside clients’ trusted advisers, blending traditional wealth services with crypto options. Claver talked about how his firm helps clients who manage IRAs and 401Ks. He said Digital Wealth Partners acts as an extension of existing advisory teams rather than replacing them. That mix of legacy finance and digital assets is meant to guide people through both sides. For Claver, XRP remains at the center of that plan because its design fits institutional transactions. The Email Analogy For Payments Claver compared XRP’s role to early email systems. Back then, users needed the same provider to send and receive mail. Today, thanks to standard protocols, any email can reach any inbox, and mostly for free. He thinks XRP could do something similar for digital payments, bridging different apps and banking systems across borders. He said real-world use like that will force a fresh look at XRP’s value once big players catch on. Of course, getting major banks to agree on the same standard and meeting strict KYC and anti-money laundering rules are two hurdles that can’t be ignored. XRP Price Trajectory Based on analysis, the biggest price trigger for XRP may come in mid-August 2025, when the US Securities and Exchange Commission is expected to clarify the altcoin’s status. A positive outcome could spark a rally. A delay or mixed guidance might send prices down. Claver isn’t alone in watching this calendar. Paul Howard, Director at Wincent, said US rate changes possibly arriving in September could shift market sentiment. Related Reading: Crash Incoming? Kiyosaki Warns Of ‘August Curse’ And Reveals His Bitcoin Buy Zone Cheap money would hunt for yield, and tokens with solid use cases could see supply squeeze and sharp gains. Right now, risk-on vibes across crypto are steering flows into majors like BTC and ETH before altcoins get a look. Looking ahead, XRP’s performance will hinge on real adoption, clear rules and the bigger economic picture. If Claver’s vision plays out, XRP could shape next-gen payment rails. If regulatory delays or compliance snags dominate, investors may need to hedge or dollar-cost-average their positions. Either way, reports show that XRP’s path won’t be a straight line. Featured image from Unsplash, chart from TradingView
The Roman Storm trial has hit a snag after four days of jury deliberations, with jurors informing the court that they remain deadlocked on certain charges, according to an Aug. 6 court reporting from Inner City Press. Judge Katherine Polk Failla revealed that the jury had submitted a note stating some members were firmly set […]
The post Jurors deadlocked in Roman Storm trial over Tornado Cash allegations appeared first on CryptoSlate.
XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction.
Bitcoin’s Lightning Network capacity has declined from over 5,400 BTC in late 2023 to around 4,200 BTC by August 2025, a roughly 20% drop, per mempool.space data. While the raw figures imply a contraction, analysts and developers suggest the shift reflects structural evolution in routing and protocol design rather than a retreat in adoption. Lightning […]
The post Why Lightning Network capacity declining 20% in 2025 is NOT as bad as it sounds appeared first on CryptoSlate.
Apple's increased US investment could bolster domestic manufacturing, reduce foreign dependency, and potentially influence global trade dynamics.
The post Apple to invest $100 billion more in US manufacturing amid Trump tariff pressure appeared first on Crypto Briefing.
There are growing concerns at the Fed over an economic slowdown, and calls for rate cuts are getting louder. Now, a key official has joined the chorus ahead of the critical September meeting. The latest to back a September rate cut is Federal Reserve Bank of Minneapolis President Neel Kashkari. Kashkari Signals Support for Rate …
Judge issues Allen charge after jury deadlocks in Tornado Cash trial, keeping the case alive as questions mount over crypto developer liability.
XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of the region’s key crypto hubs. This resurgence comes as the token’s price has remained relatively bound around the $3 mark over the past month, coinciding with the continued expansion of the XRP Ledger’s […]
The post Institutional interest boosts XRP’s resurgence in South Korea and Japan appeared first on CryptoSlate.
Succinct, a decentralized prover network revolutionizing zero-knowledge (ZK) infrastructure, has officially launched its mainnet and native token, PROVE. The launch, which took place on August 5, 2025, marks a major milestone in the evolution of cryptographic verifiability and scalability in the Web3 ecosystem. Related Reading: $255 Solana? Supply Shock Fuels Bullish Forecast Following the mainnet debut, the PROVE token was listed on Bitget, a leading global cryptocurrency exchange. Within 24 hours, the token surged by over 50%, reaching a trading price of $1.50 and generating over $715 million in 24-hour volume. Bitget’s Succinct (PROVE) Listing Fuels Market Momentum Bitget added PROVE to its Innovation Zone, opening spot trading for the PROVE/USDT pair on August 5, 2025. To incentivize adoption, the exchange launched a CandyBomb campaign featuring 66,666 PROVE in total rewards for traders and depositors. This strategic listing allows users to engage with PROVE through both trading and staking activities. The token will also be listed on Binance, where it carries a Seed Tag and supports multiple trading pairs, further increasing its visibility and liquidity. Succinct (PROVE) is trading near $1.2 and analysts note signs of consolidation ahead of a possible surge. PROVE's price trends to the upside on low timeframes, following its debut on major crypto exchanges. Source: PROVEUSD on Tradingview Powering the Future of ZK Infrastructure The PROVE token is the backbone of the Succinct Prover Network, a decentralized, two-sided marketplace where developers request ZK proofs and independent provers compete to fulfill them. Unlike traditional systems that require complex and costly infrastructure, Succinct simplifies the integration of ZK proofs via a general-purpose zkVM that supports languages like Rust. Currently, the network supports 35+ protocols, has processed over 5 million proofs, and secures more than $4 billion in value. Notable partners include Polygon, Mantle, Lido, and Celestia. Looking Ahead Succinct’s approach to verifiable computation is drawing comparisons to foundational internet protocols, with CTO John Guibas noting, “Our goal was to make proving infrastructure accessible at internet scale.” With strong developer traction, dual exchange listings, and a scalable infrastructure model, Succinct is well-positioned to become a core component of blockchain scalability and privacy. Related Reading: Bitcoin Price Crash To $100,000 Or Rally To $122,000? Analyst Shows Game Plan For BTC As zero-knowledge proofs move toward mainstream adoption, the PROVE token and its underlying network could be a notable mention in shaping the next era of dApps. Cover image from ChatGPT, PROVEUSDT chart from Tradingview
Initial DEX offerings have strayed from their retail-first promise, becoming dominated by institutions and high barriers to entry. IDOs could reclaim their promise.
Internet Computer falls amid volatile trading, but rebounds off $4.97 lows with elevated volume
AlphaPoint’s Reba Beeson dives into the trends and regulatory policy shifts driving crypto M&A, cementing its role as core infrastructure for the future of finance.
Memecoin trades with 50% price spread intraday.
Tech giant Meta touts new anti-scam features as platforms face growing pressure to tackle organized fraud networks stealing crypto from users.
A German man is facing a US federal lawsuit after allegedly using a Coinbase‑like domain name to earn affiliate commissions and pose phishing risks.
Bakkt is acquiring a 30% stake in Japanese firm Marusho Hotta and is expanding into Asian crypto markets.
Ripple Labs has urged the US Senate to revise its proposed crypto legislation, warning that the current draft introduces more confusion than clarity. The blockchain firm submitted its response on Aug. 5, addressing concerns about regulatory overreach and vague definitions that could stifle innovation across the digital asset space. The comments come in response to […]
The post Ripple warns Senate draft could put ETH, SOL, XRP under SEC oversight forever appeared first on CryptoSlate.
NEAR Protocol registers a volume-backed breakout, climbing above key resistance as institutional activity and cross-chain development fuel bullish sentiment.
ETH is retesting a multiyear distribution resistance zone that preceded a 66% drop in December 2024.
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is once again making noise. As the community waits for the next move, confusion and speculation are spreading fast across social media. Is this the final chapter, or will there be yet another delay? To bring clarity to the situation, attorney Bill …
Transactions on the Ethereum network have hit yearly highs as the SEC deliberates on how to classify liquid staking protocols.
Ripple is facing strong resistance in its effort to become a federally licensed bank in the U.S. On July 5th, the company applied to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, a move that could mark a major step in integrating crypto with the traditional financial system. …
DeFi and RWA protocols are rebranding themselves as Layer 1s to capture infrastructure-like valuations. But most remain narrowly focused applications with little sustainable economics — and the market is beginning to see through it, says Avtar Sehra.
Tokenized stocks are nearing an inflection point that may lead to an $1.3 trillion market opportunity, according to Binance Research.
Cosmos’ ATOM token rallies after a sharp dip, fueled by heavy trading volume and renewed institutional interest following Coinbase’s addition of COSMOSDYDX to its listing roadmap.
Ethereum is trading below the $3,700 level after days of heightened volatility and mounting uncertainty. The recent price action reflects a clear struggle by bulls to defend key demand zones, as bearish momentum continues to dominate short-term trends. Despite multiple rebound attempts, Ethereum has been unable to reclaim crucial resistance levels, raising concerns of a potential deeper correction in the near term. Related Reading: Is Bitcoin Overheated? Key Signal Flashes Warning Similar To 2021 And 2024 Market Tops However, strong fundamentals such as increasing institutional adoption, network growth, and broader market developments continue to support the bullish thesis for Ethereum over the coming months. These structural tailwinds suggest that the current weakness may be part of a healthy consolidation phase before the next major upward move. Top analyst Maartunn shared key insights revealing that the Ethereum Net Taker Volume (Daily) has turned sharply negative, signaling a growing dominance of sell-side pressure. This metric quantifies the difference between market buy and sell orders, providing a clear view of the current sentiment among active traders. Ethereum Net Taker Volume Signals Bearish Dominance Top analyst Maartunn shared critical insights regarding Ethereum’s current market dynamics, emphasizing that Net Taker Volume for ETH sits at -$418.8 million (Daily). This figure indicates that taker sellers have offloaded approximately 115,400 more ETH than buyers were willing to absorb through market orders. Net Taker Volume measures the difference between buying and selling volumes executed at market prices, offering a direct view of the aggressiveness of traders prioritizing immediate execution over optimal pricing. Such a significant negative Net Taker Volume reflects that market participants with a bearish outlook are dominating order books, pushing sell orders aggressively into the market. This behavior signals that sellers are not waiting for better prices, highlighting a serious short-term bearish pressure that can weigh on Ethereum’s price in the immediate term. However, this bearish signal comes after weeks of intense bullish momentum where Ethereum surged aggressively, reaching a local high of $3,940. Given this context, some analysts interpret the current selling pressure as a healthy correction rather than a structural trend reversal. Despite the negative Net Taker Volume, Ethereum’s long-term fundamentals — including institutional accumulation, network growth, and broader adoption trends — remain intact. The current bearish dominance in futures markets serves as a short-term cautionary signal, but it does not yet suggest a breakdown of Ethereum’s overall bullish structure. Analysts will be closely monitoring whether ETH can stabilize and hold key support levels in the coming days. Related Reading: Ethereum Consolidation Deepens As Taker Buy/Sell Ratio Hits One Of The Lowest Levels This Year ETH Price Analysis: Consolidation Below Key Resistance Ethereum (ETH) is trading at $3,624.67 after a volatile week marked by sharp pullbacks and failed breakout attempts. The daily chart shows ETH struggling to reclaim the critical resistance level at $3,860.80, which has become a psychological barrier after multiple rejections. Despite bouncing from a local low near $3,360, the bulls are finding it difficult to sustain momentum above the $3,700 zone. The 50-day moving average (MA) at $3,059.75 continues to slope upward, reflecting a longer-term bullish trend, while the 100-day MA at $2,742.48 and the 200-day MA at $2,503.32 act as major support zones. However, in the short term, price action indicates a bearish bias as ETH forms lower highs, suggesting weakening bullish momentum. Related Reading: Bitcoin Investors Selling More Aggressively As Bull Cycle Matures: Risk Appetite Fades? Trading volumes remain moderate, lacking the surge needed to propel Ethereum above resistance. If ETH fails to reclaim the $3,860 level soon, a retest of the $3,360 support zone could be on the cards. Conversely, a strong daily close above $3,860 would signal a potential continuation of the uptrend. Featured image from Dall-E, chart from TradingView