The two entities requested that the financial regulator provide a “safe harbor” for certain applications under the SEC's broker-dealer registration requirements.
Shares of cryptocurrency exchange Bullish jumped sharply in their first day of trading on Aug. 13, more than tripling the company’s IPO price and signaling renewed investor enthusiasm for digital asset firms in public markets. Trading under the symbol BLSH, the stock opened at $37 and surged to an intraday high of $118 before settling […]
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The current macro backdrop has rarely been more favorable for risk assets, and the market hasn't fully priced in what's coming, a report said.
Bitcoin growth models project $200,000 by 2025 and up to $1.5 million by 2035, outpacing gold and the Nasdaq in long-term returns.
Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. Related Reading: Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company’s 10% Annualized Organic Yield (AOY) and validator operations underscore Solana’s staking advantage over non-yielding assets like Bitcoin. In August alone, DDC added 4,500 SOL to its reserves, fueled in part by a $122.5 million convertible debt raise managed by Cantor Fitzgerald. CEO Joseph Onorati noted a 47% rise in the company’s SOL Per Share metric since June, highlighting strong operational growth. Adding to bullish sentiment, CMB International, one of Asia’s largest asset managers, announced the tokenization of its Hong Kong–Singapore Mutual Recognition Fund on Solana via DigiFT and OnChain. Solana ETF Approval Countdown Adds Regulatory Tailwind A major catalyst on the horizon is the potential approval of Solana ETFs within the next two months. Nate Geraci, President of NovaDius Wealth Management, told CNBC that the SEC is considering over 75 crypto ETF applications, with a streamlined approval framework in place for assets like Solana, XRP, and Cardano. Crypto ETFs have already attracted $26 billion in inflows this year, signaling deep investor confidence. If approved, a Solana ETF could open the floodgates for traditional finance capital, potentially accelerating the rally toward—and beyond—$250 Technical Outlook: $250 SOL Target in Play From a technical perspective, SOL has broken above key resistance levels at $185, $190, and $195, with the next critical hurdles at $202–$205. A sustained close above $205 could trigger a short-term surge to $220, while breaking $222 could pave the way toward $244–$250. SOL's price records an uptick on the daily chart. Source: SOLUSD on Tradingview The MACD remains in bullish territory, the RSI is trending upward without being overbought, and the Chaikin Money Flow has flipped positive, indicating strong buying pressure. Support remains at $194 and $186, with a break below $175 invalidating the current bullish setup. Related Reading: How Western Union’s Acquisition Of Intermex Is A Win For Ripple And XRP With institutional inflows, real-world asset tokenization, and a looming ETF decision, Solana appears poised for what could be the early stages of a mega rally. Cover image from ChatGPT, SOLUSD chart from Tradingview
From a $37 IPO to $118 intraday, Bullish’s NYSE debut highlights Wall Street’s growing appetite for regulated crypto businesses.
Andreessen Horowitz (a16z) and the DeFi Education Fund have urged the US Securities and Exchange Commission (SEC) to create a “Safe Harbor” program for decentralized application (dApp) trading platforms. In an Aug. 12 letter to SEC Commissioner Hester Peirce, the groups wrote that a clear framework would keep builders of non-custodial interfaces from being treated […]
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Google Play to require banking or money services licenses for all crypto wallets, effectively banning non-custodial apps in US and EU.
The post Google Play Store to block crypto wallets without banking licenses in US and EU appeared first on Crypto Briefing.
Data shows Ethereum sentiment on social media doesn’t lean too bullish right now, something that could pave the way for a continuation in the asset’s rally. Ethereum Positive/Negative Sentiment Still At Muted Levels In a new post on X, analytics firm Santiment has talked about the sentiment around Ethereum that’s present among social media users. The indicator shared by Santiment is the “Positive/Negative Sentiment,” which tells us how the positive and negative comments related to ETH compare against each other on the major social media platforms. Related Reading: XRP To $12? Analyst Reveals Bold Target From Multi-Year Pattern The metric separates between the two types of comments by putting users’ posts/threads/messages through a machine-learning model. Once they have been divided, it counts up the number of each and takes the ratio between them. Below is the chart shared by the analytics firm that shows the trend in the Ethereum Positive/Negative Sentiment over the last few months: As displayed in the graph, the Ethereum Positive/Negative Sentiment interestingly witnessed a plunge as the asset’s breakout earlier in the month took place. This would suggest that social media users weren’t convinced by the rally. The continuation in the run since then has meant that the sentiment has improved a bit, but it still remains much lower than the high from last month. Thus, it seems retail is in disbelief, despite the fact that the cryptocurrency is nearing its all-time high (ATH). If the past is anything to go by, this fact could actually be a positive signal for ETH. “Prices historically movein the opposite direction of retail traders’ expectations,” says Santiment. The analytics firm has highlighted in the chart some instances of this trend in action. It would appear that FOMO spikes led to price drops for the asset, while excessive FUD resulted in price rises. “With key stakeholders accumulating loose coins that small ETH traders are willing to part with right now, prices are showing very little sentiment resistance from breaking through and making history in the near future,” explains Santiment. Related Reading: Bitcoin Retraces Below $120,000: Is Coinbase Selling To Blame? In some other news, the Ethereum Futures Open Interest has shot up alongside the price surge, as analytics firm Glassnode has pointed out in an X post. The Futures Open Interest measures, as its name suggests, the total amount of futures-related positions that are currently open on all centralized derivatives exchanges. From the chart, it’s visible that the metric has climbed beyond the $35.5 billion mark, which is a new record. ETH Price Following a rally of over 7% in the last 24 hours, Ethereum has reached the $4,730 mark, now sitting within touching distance of the ATH. Featured image from Dall-E, Glassnode.com, Santiment.net, chart from TradnigView.com
MetaMask to launch mUSD stablecoin this month with Stripes Bridge and Blackstone, debuting under new US stablecoin rules.
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Bitcoin and Ether look poised to hit new highs soon. Which altcoins could follow?
Ray Dalio said he likely would have fired the BLS head as well.
Blockchain investigator ZachXBT exposed a sophisticated North Korean IT worker operation that infiltrates Western technology companies through remote development positions. In an Aug. 13 report, the investigator highlighted that an unnamed source compromised a device belonging to one of five DPRK IT workers, providing unprecedented access to their operational methods. The team systematically purchased fake […]
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The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week.
The European country’s sovereign wealth fund does not hold BTC directly but has indirect exposure through a portfolio of crypto companies.
The recent court ruling on XRP has proven to be more than just a legal win for Ripple. What began as a high-stakes legal battle has evolved into a precedent-setting moment that challenges long-standing interpretations of securities law. The verdict’s effects are now being felt across global markets, forcing institutions to reassess their engagement with digital assets. How The Verdict Sets A Precedent For The Crypto In an X post, John Forster noted that the recent ruling on XRP was more than a legal victory, but a structural shock to the foundations of the financial system’s status quo. The count concluded that XRP is not, in certain contexts, like a security, which has set a legal precedent that could transform how financial infrastructure is built, classified, and regulated. Related Reading: Ripple’s XRP Cannot Replace SWIFT? Expert Says This Crypto Is A Better Fit However, this is a precedent with far-reaching implications, and this ruling shifts the legal conversation by elevating functional utility and transactional purpose above the narrow lens of historical fundraising when determining asset classification. According to the expert, this shift threatens to disintermediate entrenched control over payment rails on/off ramps, which have long been a cornerstone of the legacy banking model. From the beginning, XRP was never designed as a speculative asset, but it was built as infrastructure. Furthermore, tokens designed for settlement, liquidity, and operational efficiency can now operate outside Wall Street’s traditional gatekeeping structures. By offering instant settlement, minimal transaction fees, and compliance-grade protocols, XRP has positioned itself as a credible alternative to SWIFT for cross-border payments and liquidity management. In traditional banking, the entities that control the underlying transactional rails effectively dictate the flow of value and hold the strategic high ground. The enforcement action against XRP was less about protecting investors and more about preserving regulatory and institutional dominance over these critical mechanisms of value transfer. If XRP prevails, it would establish a legal and operational framework allowing other utility-focused assets to function without being forced through the choke points of traditional capital markets. Why XRP Is Essential For Scalable Financial Solutions Ripple’s decision to fight stands in contrast to many digital asset firms that have surrendered under the pressure of protracted regulatory litigation. Ripple leadership recognized that a loss in the XRP case would have left every blockchain protocol with true settlement-grade utility exposed to regulatory suppression. Related Reading: XRP Treasury Companies Are Coming With These Firms Already Adding To Balance Sheet With substantial capital reserves and a clear strategic imperative, the company was positioned to challenge the system and defend not only its interests but also create a precedent that could empower the broader digital asset ecosystem. Amidst the legal victory, crypto expert Jack Claver has underscored XRP’s transformative power, stating it is designed to upgrade the existing financial system. While many blockchains focus on string value, XRP is built to enable real-world financial applications, creating a faster, more efficient, and transparent way to move money globally. Therefore, high-performance infrastructure is essential for this vision. Featured image from Getty Images, chart from Tradingview.com
The advance occurred alongside a strong day for broader crypto markets.
The analysts give a base case for CRCL of $84 and bear case of $40 through 2027, down from Wednesday's closing price of $153.16.
Cardano’s most loyal investors are bucking the usual profit-taking trend and are steadily adding to their ADA stacks even as prices and market heat indicators climb. Data from Alpharactal showed that ADA long-term holders (LTH) have been steadily accumulating the digital asset since 2021 without showing signs of significant distribution. This consistency signals confidence in […]
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The leak heightens risks of identity theft and fraud, complicating the recovery process and undermining trust in digital financial systems.
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Also: ETH Transaction Volume Climbs, Trading Bots Steal $1M From Users, and Babylon Trustless Bitcoin Vaults.
Change first announced last month requires developers of software wallets register with local authorities or financial institutions.
The company opened for trade on the New York Stock Exchange under the ticker "BLSH" on Wednesday.
A growing sentiment in the cryptocurrency community suggests that XRP could be on the verge of becoming the next big crypto asset after Bitcoin. A recent exchange on the social media platform X between investment account Invest In Assets and crypto commentator Jake Claver relayed this sentiment, especially when it comes to selling too soon. The discussion comes when XRP is at its greatest level of support among its supporters, with some predicting it could mirror the meteoric runs made by Bitcoin in previous market cycles. XRP Following In The Footsteps Of Bitcoin The conversation began when an account on X known as “Invest In Assets” advised investors against prematurely selling a big winner. In response, Jake Claver noted Bitcoin’s runs as textbook examples of missed opportunities. Particularly, he noted that the mistake of selling too early happened to many people with Bitcoin, and it will ultimately happen again with XRP. Related Reading: Analyst Shares Where Bitcoin, Ethereum, And XRP Prices Will Be By 2032 Many traders who were fortunate to invest in Bitcoin very early exited when it started to soar in 2017 and 2021, only to watch prices soar far higher. Now, XRP is being framed as the next potential case study, and many analysts, not only Jake Claver, argue that the psychological trap of early profit-taking could strike again. Adding more weight to this argument is crypto commentator Vincent Van Code’s claim that Bitcoin was only an experiment, while XRP represents the final form of money. According to Van Code, although Bitcoin revolutionized finance by introducing decentralized digital currency with a fixed supply, its slow speed, high transaction costs, and scarcity-focused design ultimately limit its global liquidity potential. XRP, which is engineered for speed, scalability, and cross-border liquidity, offers a far more practical architecture for real-world value transfer. Don’t Sell XRP Too Early The discussions about not selling XRP early have taken strong root among investors looking to position themselves ahead of what could be another run. This ties into a similar admonishment by investor Johnny Crypto, who once revealed his personal perspective of selling too early. Related Reading: Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why Particularly, Johnny Crypto recalled how selling his Amazon stock too early in 1997 cost him $52 million in missed gains, an error he’s determined not to repeat with XRP. He even warned that banks could attempt to seize control of retail crypto holdings within the next year and advised investors to think strategically about asset protection. XRP has already broken above its 2018 peak of $3.40 to register a new all-time high of $3.65 this cycle. However, several technical analyses have predicted the possibility of entering double-digit territory before the end of 2025. Analysts agree that the most important thing is patience, because the biggest mistake XRP holders can make this cycle might be selling before the real rally begins. At the time of writing, XRP is trading at $3.24, up by 3.1% in the past 24 hours. Featured image from Shutterstock, chart from Tradingview.com
PUMP traded at its initial coin offering price of $0.004 on Wednesday, as the platform asserted market dominance for seven consecutive days.
NEAR Protocol surged on strong institutional inflows and rising user growth, overcoming multiple resistance levels before short-term volatility set in.
Ethereum is finally making a strong recovery, climbing above the important $4,500 level after a long wait. It’s reached a price not seen in years, bringing it close to its previous all-time high. This could lead to a possible breakout. As more traders continue to take long on ETH, several key indicators are also going …
RDC’s Ankit Mehta says that depository receipts were the original form of tokenization and should be applied to tokenized infrastructure today to offer a scalable and legally sound foundation for modern equities.
Bitcoin nears record highs as $126,000 emerges as a key breakout level, with $500 million in liquidations and Ether closing in on new territory.
Multiple technical setups suggest a potential XRP price rally toward $6 and above amid increasing futures open interest.