Cathie Wood’s ARK Invest is doubling down on crypto, using the recent market pullback as a chance to buy. With fresh bets on Bullish and Robinhood, the investment firm is signaling strong confidence in digital asset-related stocks even as the sector faces sharp declines. ARK Invest Increases Stakes in Bullish Ark Invest is increasing its …
China is assessing whether to allow yuan-backed stablecoins to improve global reach, a shift that would follow Hong Kong’s push to license issuers.
Over the next ten years, trillions of dollars will move from baby boomers to younger heirs, who are more inclined toward digital assets, the report said.
The debate over whether Chainlink (LINK) can overtake XRP in market capitalization is heating up. What began as a casual Reddit thread has turned into a broader conversation about utility, adoption, and long-term positioning in the crypto market. While XRP’s strength has historically been tied to cross-border payments and legal clarity, LINK’s growing role as …
Bitcoin’s spot price fell on Aug. 19 while realized cap climbed, a textbook case of how on-chain cost basis can advance even on a red day. The daily close dropped 2.94% from $116,284 on Aug. 18 to $112,861 on Aug. 19. The realized cap rose by $1.172 billion over the same window, from $1.038456 trillion […]
The post Why Bitcoin’s realized cap spiked as price fell to $112k appeared first on CryptoSlate.
Bitcoin fell below $113,000 as investors braced for Jerome Powell’s Jackson Hole speech that could set the US Fed’s path on interest rate cuts.
Pi Network, the fast-growing crypto project that has attracted millions of users worldwide, has reached another milestone in the blockchain space. Ulu Ventures, a respected venture capital firm based in Silicon Valley, has officially listed Pi Network among its portfolio companies. Despite the listing news, Pi Network’s price showed no positive reaction and continues to …
China plans to consider approving yuan-backed stablecoins later this month to increase the yuan’s global use. These stablecoins, digital currencies linked to the yuan, are expected to make international transactions smoother and build confidence in China’s digital currency. This initiative aims to enhance the yuan’s role in the global financial system and support its wider …
Bitcoin bulls are struggling to establish a low around $113,000, with weak price and volume performance.
The crypto market saw heavy liquidations totaling $449.11 million, with the overwhelming majority coming from longs. Out of this figure, $362.34 million came from longs and just $87 million from shorts, showing that most traders were positioned for the upside. Bybit and Binance dominated activity, accounting for $166.53 million and $140.36 million in liquidations, respectively, […]
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China's potential approval of yuan-backed stablecoins could shift global financial dynamics, challenging the dollar's dominance in digital currency.
The post China may approve yuan-backed stablecoins amid fears of dollar-powered tokens appeared first on Crypto Briefing.
Recently, in August, the Chainlink price has shown remarkable strength, which is mainly driven by surging whale activity, rising adoption, and several positive on-chain indicators. Currently, the momentum is building after crossing $26 for the first time in the past seven months, and LINK price looks well-positioned to extend gains on the upside. Investors and …
China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters.
Bitwise’s Matt Hougan says BTC could deliver nearly 30% in annualized returns over the next decade and remain a low-correlation diversifier for investors.
Spot ether ETFs have seen growing demand with cumulative net inflows now more than $13 billion, up from $2.6 billion in April, the report said.
Binance, Bitfinex, Coinbase, Crypto.com, HTX, Kraken, PayPal, Poloniex, Ripple, and Zodia Custody, among others, have all signed on.
Crypto firm has entered into a credit agreement with crypto exchange Gemini ahead of the latter’s initial public offering (IPO). The crypto exchange revealed the details of this agreement in its IPO filing, with the amount expected to be used to finance some costs that may arise during the public offering. Details Of Ripple’s Agreement With Gemini In its IPO filing with the SEC, Gemini revealed that it entered into a credit agreement with Ripple in July. Under the agreement, the crypto exchange can make lending requests of no less than $5 million each, and up to an aggregate commitment amount of $75 million. Furthermore, the initial commitment of $75 million can be increased or decreased from time to time, subject to the attainment of certain metrics that both parties have agreed on. Related Reading: Ripple CTO Says Next Project Is ‘Production Ready’, What Is It? However, the aggregate commitment of the credit agreement between Gemini and Ripple cannot exceed $150 million, meaning that is the maximum credit that the crypto exchange can request from the crypto firm. Once Gemini exceeds the initial commitment of $75 million, then it will need to make lending requests in the form of Ripple’s RLUSD stablecoin, which the crypto firm has to consent to. Gemini revealed that all its lending requests under the Ripple credit agreement must be secured by collateral. It shall also bear an interest rate per annum of 6.50% or 8.50% and must be repaid in USD. Although some details were redacted, the crypto exchange indicated that it has also received some amount from Ripple under the agreement. With this, Ripple has become a major backer for Gemini’s IPO, which is expected to take place soon. Notably, the crypto exchange’s financials in the IPO show that it posted net losses over the quarters that span back to March 2023. In just the first half of this year alone, Gemini has recorded a net loss of $282 million. Details Of The Gemini IPO With Ripple’s backing, Gemini plans to offer shares of its Class A common stock, although it has yet to reveal how many shares will be available in the IPO. The crypto exchange has yet to provide details on how much these IPO shares are likely to sell for each. However, it revealed that it has applied to list these Class A common stock on the Nasdaq stock market under the symbol “GEMI.” Related Reading: Ripple CTO Says XRP Ledger Has Been Battle-Tested To Power World’s Financial System Furthermore, the lead underwriters for the Gemini IPO are Goldman Sachs and Citigroup, with support from other firms such as Morgan Stanley and Cantor. Gemini’s IPO plans follow the successful execution of crypto exchange Bullish’s IPO, in which the exchange raised $1.15 billion after selling its shares for $37 each. Gemini will be looking to record similar success, considering the massive crypto demand among traditional finance (TradFi) investors. Featured image from Getty Images, chart from Tradingview.com
An industry-wide project led by TRM Labs is officially going live, and includes law enforcement and the major exchanges such as Coinbase and Binance.
U.S. stock index futures slipped and Japanese bond yields rose as risk aversion crept into markets.
The Blockchain Association and the Crypto Council for Innovation pushed back against recent claims by the banking industry.
Ethereum is currently showing resilience, trading steadily as Bitcoin continues to consolidate within a tight range. Despite the broader market’s cautious sentiment, the ETH price has held key support levels, drawing attention from traders eyeing its next big move. Interestingly, Ethereum has now filled its CME gap, a technical event often associated with stronger price …
Tim Kotzman and Ed Juline are using social media, AI and new event formats to close the information gap in bitcoin treasury strategy.
Federal Reserve Vice Chair for Supervision Michelle Bowman has called for banks to embrace blockchain technology or risk losing relevance. At the Wyoming Blockchain Symposium on Aug. 19, Bowman emphasized that regulators and banks must adopt a more proactive approach to the crypto industry. She pointed out that integrating these new innovative technologies would be crucial […]
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Rising Realized Price metrics show investors continue to accumulate despite pullback.
Rogoff's misjudgment highlights the unpredictable nature of cryptocurrency markets and the challenges in forecasting regulatory impacts.
The post Harvard economist says his $100 Bitcoin prediction was a wrong call appeared first on Crypto Briefing.
Goldman Sachs predicts the crypto stablecoin market could grow to be worth trillions of dollars in the near future. Stablecoins, digital currencies pegged to stable assets like the US dollar, are gaining popularity for their use in trading and payments. This growth reflects increasing trust and adoption in the crypto world. As stablecoins become a …
On August 20, 2008, Satoshi Nakamoto emailed Adam Back, referencing his Hashcash paper and sharing an idea that would birth Bitcoin, the first decentralized digital currency. This simple email marked the beginning of blockchain technology, revolutionizing how we think about money, security, and trust. From this historic moment grew a new digital economy that continues …
Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act.
Strategy (formerly MicroStrategy) is once again making headlines – but not for great reasons. The company’s stock fell to its lowest level since April after Michael Saylor announced a policy change that gives the firm more room to issue shares and buy more Bitcoin. The moves are now sparking debate. Here are the details! Stock …
Your day-ahead look for Aug. 20, 2025