KindlyMD's significant Bitcoin acquisition underscores the growing trend of corporations viewing cryptocurrency as a key financial asset.
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Sen. Tim Scott says he is banking on getting enough Democrats to pass his larger crypto market structure bill.
The token broke through key support levels in volatile trading after hotter-than-expected U.S. inflation data spurred $460 million in crypto liquidations.
Polkadot has launched Polkadot Capital Group to connect traditional finance with its blockchain ecosystem, focusing on tokenization and DeFi.
Internet Computer Protocol trades lower with volume spikes signaling institutional distribution and retail weakness.
XRP has just dropped below $3, but the market may not be as bearish as it looks. The price fell into the 0.382 Fibonacci retracement level at $2.96, a significant support zone. The wick to $2.94, which matched the 0.618 subwave target, quickly reversed and reclaimed $2.96. This fast recovery is classic behavior often seen when a market finds its bottom. According to market analyst Casi Trades, the current setup could open the door for XRP to stabilize and possibly aim for higher targets, with levels like $4.80 already on the radar. XRP Holds Strong At $2.96 Support XRP’s latest price action delivered exactly what technical analysts were waiting for. Adding even more weight to the case for a bottom is the Relative Strength Index (RSI). The RSI printed bullish divergence on both the 15-minute and the 1-hour charts. While prices were falling, the RSI showed higher lows, signaling momentum was shifting in favor of buyers. Combined with the clear 5-wave downward move on the chart, Casi Trades believes this confirms that XRP has completed its correction phase. Related Reading: Dogecoin Eyes 1,000% Increase To Reach $2.55 ATH This Cycle The analyst explained that the drop into $2.96, followed by an immediate bounce, shows that the market “was hunting for a bottom, and XRP delivered.” The combination of Fibonacci levels, divergence signals, and clean wave structure makes this support zone one of the most important in the current cycle. Bullish Outlook And Upside Targets Now that XRP has hit and held the $2.96 support, traders focus on the next phase. Casi Trades noted that XRP may linger around this level or retest it again, but its holding is already a positive sign. The market analyst expects large-cap cryptocurrencies, including XRP, to lead the next wave of gains. With support confirmed, attention is now shifting to upside targets. The most critical one mentioned is $4.80, but the analyst believes the momentum could carry XRP even higher if conditions remain favorable. Related Reading: Market Expert Reveals Why XRP Price At $1,000 Is Not A Possibility This bullish outlook is fueled not just by XRP’s chart but also by broader market conditions. Large caps tend to move together when sentiment improves, and XRP holding its ground at $2.96 is a signal of strength. “From these support lows across the market, I expect things to turn exciting and bullish,” Casi Trades commented. If the impulsive upside resumes, XRP’s recovery from this support zone could mark the beginning of a strong upward leg. For now, all eyes remain on the $2.96 level. As long as XRP holds above it, the case for a bullish rally stays strong. The market setup points to higher prices, whether it takes off immediately or after a brief consolidation. With the potential for a run toward $4.80 and beyond, XRP’s sharp drop may have just set the stage for its next big move. Featured image from Dall.E, chart from TradingView.com
The bubble in crypto treasury strategy companies deflated even further on Tuesday.
The new offering follows the success of Polymarket-style event trading, but with CFTC-regulated contracts in the U.S.
Stellar faces accelerated bearish momentum as trading volumes spike above average during sustained decline.
Crypto exchange Bullish disclosed on Aug. 19 that part of its $1.15 billion IPO proceeds was received in a mix of stablecoins, including Ripple’s RLUSD on the XRP Ledger and President Donald Trump-affiliated USD1. The firm said these tokens were among several digital assets involved in the settlement process, which also included Circle’s USDC and […]
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In the past few hours, Ethereum’s price has had a hard time attracting buying demand. Because of this, on-chain data now shows that more traders are starting to sell. As selling pressure grows and key price levels are lost, there’s a higher risk of large liquidations. This could lead to a bigger drop in Ethereum’s …
Solana memecoin shows heightened volatility as retail capitulation meets selective institutional buying.
Bitcoin gets new "plunge protection" amid an ongoing sell-off and more liquidations for those hoping they had bought the dip.
Wyoming has introduced the Frontier Stable Token (FRNT), the first stablecoin created and issued by a US government entity, according to an Aug. 19 announcement. Formerly called the Wyoming Stable Token (WYST), FRNT aims to deliver fast, secure, and transparent digital transactions for individuals, businesses, and institutions worldwide. According to the statement, each FRNT token […]
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Paying rent in Bitcoin is easy, secure and gaining popularity among tenants. Many cities globally now have tech infrastructure to facilitate Bitcoin payments.
The Frontier Stable Token (FRNT) will go live on seven blockchains: Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana.
Most of the net proceeds are earmarked for the firm's data center expansion, with $85 million set aside for capped call transactions to mitigate share dilution.
According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, inflows into crypto-products were $3.75 billion last week, the fourth-largest on record. Unsurprisingly, Ethereum was the standout after attracting the majority of capital with record-breaking inflows. Solana and XRP also experienced impressive demand, resulting in both cryptocurrencies receiving inflows exceeding 10% of the year-to-date total flows. Ethereum’s Record-Breaking Numbers Ethereum witnessed the most activity last week since the 2021 bull run that took many crypto investors by surprise. In terms of crypto-based products, Ethereum managed to displace Bitcoin’s supremacy last week by leading with $2.87 billion in inflows, representing 77% of the total $3.75 billion. This performance brought its year-to-date inflows to $11.094 billion, which is about 29% of total Ethereum assets under management. Related Reading: Here’s Why Bitcoin And Ethereum Prices Are Crashing The intensity of institutional demand had an immediate impact on Ethereum’s market price action. Notably, the Ethereum price surged to $4,776 last week, its highest level since the 2021 bull market. In terms of geographical location, most of the inflows came from the United States, with $3.725 billion in inflows, more than 99% of the total. This concentration was mostly by iShares ETFs. Smaller but meaningful contributions came from Canada with $33.7 million, Hong Kong with $20.9 million, and Australia with $12.1 million. On the other hand, Brazil and Sweden posted outflows of $10.6 million and $49.9 million, respectively. Although Bitcoin also managed to push to a new all-time price high of $124,128 last week, the leading cryptocurrency took a step back in institutional inflows. Bitcoin brought in $552 million last week. Although its year-to-date inflows are larger in absolute terms at $21.08 billion, they represent only 11.6% of its total assets under management (AuM), compared to Ethereum’s 29%. XRP And Solana Join The Party Although Ethereum captured most of the inflows, both Solana and XRP also attracted notable inflows that show the altcoins are gaining strength among institutional investors, despite the absence of spot crypto ETFs for these assets in the US market. Related Reading: Ethereum Falls Behind Solana In Major Metric, Is Altcoin Season At Risk? Solana-based products recorded $176.5 million, bringing its monthly flows to $199.2 million and its year-to-date figure to $1.05 billion. Effectively, this means that Solana-based products witnessed 89% of their total monthly inflow and 16.8% of their year-to-date inflow last week. XRP witnessed about $125.9 million worth of inflows last week, boosting its monthly total to $148.1 million and its 2025 total to $1.238 billion. As such, XRP-based products also witnessed 85% of their total monthly inflow and 10% of their year-to-date inflow last week. Sui, Cardano, Chainlink, and Short Bitcoin products also witnessed $11.3, $0.8 million, $1.2 million, and $4 million in inflows, respectively, last week. The only major exception was Litecoin, which diverged from the broader trend and recorded net outflows of $400,000. Featured image from Getty Images, chart from Tradingview.com
BTCS will distribute a dividend in Ethereum to shareholders later this year, marking the first instance of a public company paying a corporate dividend in ETH. The company said investors will receive a payment equal to $0.05 per share in Ethereum in September. A second component, described as a loyalty dividend, will distribute an additional […]
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MetaMask will be natively integrated the Tron blockchain, connecting users to the Asia-focused network after adding Solana support earlier this year.
The self-custodial wallet has previously integrated Sei and Solana and has signaled plans to add Bitcoin support.
SoFi will use Lightspark’s Lightning-based UMA tech to offer real-time, low-cost international transfers directly in its app
Cardano bulls make a strong case for an ADA price rally toward $2 or even higher, once the resistance at $1 is decisively broken.
The company, which pivoted to a crypto treasury in June, holds 740,760 ether, worth nearly $3.2 billion at current prices.
The acquisition could significantly boost Dogecoin's market presence and influence, potentially reshaping the crypto mining landscape.
The post Trump Jr.-backed Thumzup to acquire Dogehash in all-stock deal to establish a premier Dogecoin mining platform appeared first on Crypto Briefing.
The Banking Policy Institute wants lawmakers to further fine-tune the GENIUS Act to prevent any possibility of interest-bearing stablecoins.
Wyoming has made history by becoming the first state in the United States to launch a government-issued stablecoin. The move is being hailed as a major step forward for blockchain innovation and public sector adoption of digital assets. Here are the key details you need to know. Wyoming Launches FRNT on Seven Blockchains The Wyoming …
The trading platform will provide a way for people to wager on football games without having to use popular betting apps.
SharpLink bought $667 million in Ether at near-record highs, lifting its holdings to $3.2 billion as institutional ETH accumulation accelerates.
Bitcoin eased back this week after a fresh peak, but a loud bullish pitch is making rounds. According to market updates, the coin hit about $124,390 before slipping to $114,158 and then nudging up to $115,285 at press time. Related Reading: Analyst Says Shiba Inu’s $0.000010 Support Could Trigger Major Bounce Based on reports from a chart-focused analyst who goes by AO, Bitcoin may be tracing a pattern like gold’s, and that pattern could point to a rise toward $600,000 — a jump of roughly 420% from current levels. Analyst Sees Gold Pattern AO’s view rests on chart shapes. He compares Bitcoin’s recent wedge and ascending triangle to the way gold moved over the last decade. According to AO, Bitcoin’s consolidation around $115,000 could be the base for a large breakout. #BITCOIN IS READY FOR A HUGE BULL RUN. pic.twitter.com/eorprzknEQ — AO (@AO_btc_analyst) August 18, 2025 AO’s scenario includes what he calls “missing legs,” and he puts a possible run above half a million dollars by 2026 if the pattern completes the way he expects. Reports have mentioned similar geometric comparisons from other watchers, though few attach a precise price target like $600,000. Market Scale If Target Hits Based on those numbers, a $600,000 price tag would imply market value in the ballpark of approximately $12 trillion. That figure would push Bitcoin past many big tech names and place it closer to gold’s valuation than where it stands now. According to the same reports, that is the idea being used to argue Bitcoin’s case as a major store of value. The math behind the headline number is simple, and the size of the move — about 420% from roughly $115,000 — is what makes the claim dramatic. Bull Case Backed By Some Big Names Institutional voices add fuel to the talk. Strategy’s Michael Saylor, who has been one of Bitcoin’s most consistent backers, continues to argue that the asset will outshine traditional stores of value as more companies adopt it for their balance sheets. Ark Invest’s Cathie Wood has projected that Bitcoin could eventually climb to the $1 million mark, underscoring the growing confidence among high-profile investors. Meanwhile, Mexican billionaire Ricardo Salinas Pliego has also voiced his view that Bitcoin could surpass gold’s roughly $22 trillion valuation in time. Related Reading: After Monero Hit, Qubic Group Puts Dogecoin On Target List Signals That Could Change The Story Not everyone treats the pattern call as a forecast. Some analysts warn that matching a chart shape to gold doesn’t prove the same outcome will follow. The two assets have different buyers, liquidity and use cases, and a huge lift to $600,000 would likely need long-term, large flows into Bitcoin — for example, big institutional allocations or permanent reserve moves — not just a short-term momentum spike. Regulation, interest rates and market shocks are other real factors that could alter any plan. Featured image from ETF Stream, chart from TradingView