NFT DApps drew slightly more active users than DeFi in July, even as DeFi liquidity hit a record $270B.
Though possibly not its first foray into crypto, Harvard’s reported stake in BlackRock's Bitcoin exchange-traded fund represented a significant investment.
The mainstream adoption of BlackRock’s iShares Bitcoin Trust (IBIT) has proliferated Ivy League Universities, led by Harvard and Brown, in the United States. According to a filing with the United States Securities and Exchange Commission (SEC), Harvard University doubled down on its IBIT holdings during the second quarter to around 1,906,000 shares of IBIT as …
Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in July is 6% larger than June, when crypto startups surpassed $2.5 billion by a small margin. Additionally, July was the second-largest month in funding, bested […]
The post Crypto attracts $2.67B in funding during July, bolstered by Pumpfun and stablecoin interest appeared first on CryptoSlate.
ChatGPT-5 users on social media platforms were critical of the update, and OpenAI CEO Sam Altman responded to the complaints, pledging improvements.
Court documents showed there was at least one 90-year-old, and some people had “set in stone” their opinions about the Tornado Cash co-founder’s criminal charges.
Harvard Management Co. (HMC) reported a position in BlackRock’s iShares Bitcoin Trust (IBIT) worth $116,666,260. According to a Form 13F filed with the US Securities and Exchange Commission (SEC) on August 8, HMC had 1,906,000 shares of IBIT as of June 30. Based on the values shown on the same page, the Bitcoin allocation represents […]
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On-chain analytics firm Santiment has pointed out how utility spikes on the XRP network tend to precede bullish price action in the asset’s price. XRP Network Activity Lit Up Before The Latest Price Surge In a new post on X, Santiment has discussed about some network activity-related indicators for XRP. The metrics in question are the Transaction Volume and Circulation. The first of these, the Transaction Volume, measures the total amount of the cryptocurrency that’s becoming involved in transfers on the blockchain every day. While this metric does provide a sense of overall activity occurring on the network, it may give a skewed picture of investor behavior. Related Reading: Dogecoin Is Right Where Past Bull Runs Have Taken Off: Analyst This is because of the fact that not all transfers being made on the chain represent true economic activity. Many of them involve the same part of the supply, constantly in motion due to repeat trades or internal shuffling. The second indicator, the Circulation, helps filter for these moves like these. This metric keeps track of the daily unique number of tokens being shifted on the XRP network. By ‘unique,’ what’s meant here is that no matter how many times a particular coin becomes involved in transfer activity on the blockchain, it still contributes just one unit toward the indicator’s value. Now, here is the chart shared by Santiment that shows the trends in both of these XRP metrics over the last few months: As displayed in the above graph, the XRP Transaction Volume saw a huge spike to $2.1 billion on August 1st. This 6-month high surge in the metric came as the asset’s price was going through a drawdown toward a low near $2.70. Alongside the rise in volume, the Circulation also registered a spike to 1.12 billion tokens, indicating that the transfer activity occurring on the network was organic. Since this burst of activity on the blockchain, the cryptocurrency has witnessed some recovery. From the chart, it’s visible that there have also been spikes in these indicators in the past that led into a price surge for the coin. “Utility spikes on the network consistently foreshadow price jumps,” notes the analytics firm. Related Reading: Bitcoin Short-Term Holders Are Capitulating—Will June Pattern Repeat? In some other news, XRP broke out of a triangular channel on Thursday, as analyst Ali Martinez explained in an X post. Generally, breakouts above a triangle’s upper level are considered to be bullish signals in technical analysis (TA). And indeed, as the pattern may have foreshadowed, the asset has ended up enjoying a surge since then. XRP Price At the time of writing, XRP is floating around $3.29, up more than 7% over the last 24 hours. Featured image from Dall-E, Santiment.net, charts from TradingView.com
Users say GPT-5 is slower, less engaging, and prone to errors despite OpenAI’s lofty promises.
Ripple’s stablecoin RLUSD grew 32.3% in supply between June and July, surpassing $600 million. This was the second most significant growth in supply among stablecoins with over $500 million in supply growth, lagging only Ethena Labs’ USDe, which grew 63.4% in the same period. RLUSD has been in a strong growth trend since May, nearly […]
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BlackRock Inc. (NYSE: BLK) has no immediate plans to file for a spot Solana (SOL) or XRP exchange-traded funds (ETFs). According to the company’s spokesperson, BlackRock is currently focused on growing its two crypto ETFs, including the iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). Wall Street analysts believe that BlackRock could have already …
After failing to decisively break above the $120,000 level in mid-July, Bitcoin (BTC) could face further price corrections as whales continue to increase BTC inflows to the Binance crypto exchange. Is Bitcoin Losing Its Bullish Momentum? According to a recent CryptoQuant Quicktake post by contributor Arab Chain, fresh data from the Binance Whale-to-Exchange Flow indicator suggests that BTC may soon experience additional downside pressure. Related Reading: Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers The analyst noted that despite growing retail participation in the BTC market, persistently high whale inflows into Binance – combined with a declining Bitcoin price – signal that the market could be entering a technical correction phase. Arab Chain shared the following chart, where the purple zone shows that whale inflows to Binance remained consistently high throughout July and early August. At the same time, the drop in BTC price reflects a distribution pattern, where whales begin unloading BTC on exchanges following a sharp rally. Although there were no extreme spikes, whale inflows into Binance stayed elevated in the $4 billion to $5 billion range, indicating that these large holders are actively moving BTC onto the exchange – often a precursor to major sell-offs. The fact that these inflows remain high on Binance despite the drop in BTC price suggests that either whales are still selling their holdings on the exchange, or they are waiting for a price rebound to exit the market. Similarly, the light blue area in the chart shows a notable increase in retail inflows to Binance during late July and early August. Historically, such late-stage retail participation often marks the final phase of a bullish cycle, providing exit liquidity for whales. The analyst concluded: Despite the rise in retail participation, the market shows signs of internal weakness, with sustained whale inflows to Binance and loss of upward momentum. If this behavior continues, the market may be entering a medium-term correction phase. Investors Still Optimistic About BTC While signals suggest the current BTC rally may be overextended, some investors remain confident, employing strategies like Smart Dollar-Cost Averaging (DCA) to accumulate BTC in anticipation of further price gains. Related Reading: Bitcoin Holds Steady At $115,000, But Realized Price Data Warns Of Fragility Fellow CryptoQuant analyst Oinonen noted that while the recent pullback in BTC price may have raised concerns about further declines, the asset’s historical Q4 performance could propel it to a new all-time high of $200,000 by the end of 2025. After hitting a recent low around $111,800, BTC has recovered part of its losses and is now trading near $116,500. Still, some analysts caution investors against “excessive optimism.” At press time, BTC was trading at $116,501, up 0.2% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
A bullish regulatory tailwind is forming as the SEC clarifies its stance on crypto, liquid staking and tokenization — with institutional investors and IPOs responding in kind.
The position marks one of the largest known bitcoin allocations by a U.S. university endowment.
Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading. The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital […]
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A fresh debate in the crypto space has emerged over whether the cost of production significantly impacts the XRP price and the value of Bitcoin (BTC). Market expert CrediBULL Crypto has outlined how these costs influence XRP’s value compared to Bitcoin, concluding that both cryptocurrencies follow the same pricing formula. XRP Price Formula Mirrors That Of Bitcoin A recent discourse on X social media has reignited discussions on whether production costs play a decisive role in determining the prices of cryptocurrencies. CrediBULL Crypto weighed in, explaining that both Bitcoin and XRP follow the same fundamental pricing model, where the cost to produce, combined with speculative and utility value, determines the market price. Related Reading: XRP Price Crash Could Deepen As Bearish Formations Gather For Bitcoin, the analyst notes that the cost to mine, taking into account energy consumption and time, represents a significant portion of BTC’s market price. This production cost forms the “X” variable in the analyst’s pricing equation, with the remainder driven by speculative demand and utility. In contrast, CrediBULL Crypto highlights that XRP’s production cost is negligible, arguably near zero, meaning its market price is primarily driven by demand, adoption, and other speculative factors. Whether mined or premined, the analyst asserts that the market ultimately assigns a value above the production cost based on perceived utility and shifts in investor sentiment. CrediBULL Crypto’s statement comes in response to a recent clash between market expert BD and Robert Breedlove, a Bitcoin maximalist. In his post, Breedlove suggested that XRP’s “100% premined” status set it apart from Bitcoin, which he asserts is a 0% premined coin. The Bitcoin maximalist also warned investors of the potential consequences of this difference, subtly implying that XRP could be a scam token. BD countered, asserting that market demand, not production method, dictates price. He further emphasized that neither mining costs nor premined supply inherently determines a cryptocurrency’s long-term value. Demand Dictates Long-Term Survival Following CrediBULL Crypto’s statement, a community member argued that premined assets, like XRP, could carry higher risks, such as large-scale sell-offs or “rug pulls,” potentially driving their value to zero. They further suggested that BTC’s mined supply structure offers more protection against such scenarios. CrediBULL Crypto, however, pushed back, stating that production costs do not guarantee long-term survival or resilience. He noted that demand can disappear for any asset, regardless of whether it costs $5 or $100 to produce. He added that the same principle also applies to Bitcoin and XRP, which are respectively priced at $116,601 and $3.34, at the time of writing. Related Reading: Analyst Predicts Historical 90% XRP Crash Against Bitcoin, But This Will Happen First The analyst further pointed out that just because a commodity costs money to produce does not make it inherently valuable. Without sustained interest, even a high-cost-to-produce asset could collapse in value. To illustrate this point, the analyst compared it to investing substantial resources into digging a massive hole—a process requiring real effort but might hold no value if no one finds the hole useful. Featured image from Getty Images, chart from Tradingview.com
Ethereum (ETH) surged past the $4,000 mark on Aug. 8, hitting its highest level this year after a sustained market rally that saw it gain nearly 50% in the past month. Data from CryptoSlate shows the asset peaked at $4,047 during US trading hours. Notably, the last time ETH traded above $4,000 was in December […]
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Four state-level lawsuits against three celebrities and individuals tied to the EMAX token may proceed after a California judge’s ruling.
Sygnum and Amina banks have added SUI trading, custody and lending products for professional investors.
Coinbase Global Inc. (NASDAQ: COIN) users can now directly trade Base-native tokens with their balance. The new Coinbase feature was made possible through the strategic integration of the Coinbase App with decentralized exchanges (DEX) offering trading services for Base-native tokens. The strategic integration between the Coinbase App and DEX services will enable developers to get …
Donations to the embattled software developer increased after Wednesday’s partial verdict and the possibility of a retrial.
SharpLink Gaming has announced a $200 million capital raise aimed at expanding its Ethereum treasury. As ETH solidifies its role as programmable money and a yield-bearing asset through staking, SharpLink is betting big on its long-term potential. The raise positions the company among a rising class of corporates reshaping capital strategy around blockchain-native assets. Why SharpLink Is Going All-In On Ethereum In an X post, SharpLink Gaming shared an update stating that the company has secured $200 million capital raise through a direct offering priced at $19.50 per share, and has been backed by four global institutional investors. Related Reading: SharpLink Buys the Dip and Adds $100M-Worth of $ETH to its Treasury as $BEST Stands to Gain According to the company, the capital will be strategically deployed to expand its ETH treasury holdings. Upon full deployment, SharpLink expects its ETH reserves to exceed $2 billion, placing it among the most ETH-heavy corporate treasuries globally. The company focuses on accumulating ETH, staking ETH to earn sustainable on-chain yield, and consistently growing ETH-per-share for long-term shareholders. Ethereum is becoming the foundational layer of global finance infrastructure for tokenized assets, and SharpLink is built to capture that upside. According to the DuRtY_Crypto post, Vitalik Buterin recently pointed out that ETH treasuries are increasingly valuable, not just as a store of ETH, but as a different vehicle for people to have access to ETH. Instead of simply buying ETH and holding it, investors are turning to companies that hold and manage ETH treasuries. DuRtY_Crypto has outlined the irony that was unseen between the Bankless crew, who quickly celebrated the mainstream validation. The PulseChain Sacrifice Wallet has skyrocketed to become the 5th-largest ETH holder in crypto with 171,054 ETH. Before the funds rotated into ETH, the wallet was already commanding attention as the largest DAI holder across all chains. Thus, the expert has commended Richard Heart, the controversial figure behind PulseChain, for executing a strategic pivot that few saw coming. Ethereum Activity Heats Up As Transaction Volume Nears ATH While prominent figures are raising capital and increasing the ETH treasury’s value, CoinW has also revealed that Ethereum on-chain momentum is surging again. According to data from Etherscan, the network processed 1.87 million transactions on Aug 6th, nearing its all-time high of 1.96 million, which was set back in January 2024. Related Reading: Ethereum Bears Dominate Market Orders: -$418.8M Daily Net Taker Volume Signals Trouble Meanwhile, the validator queue data shows the ETH pOs exit queue has dropped significantly to 443,164 ETH, worth roughly $1.612 billion. Following the decline, the average exit wait time now sits at 7 days and 17 hours. With UK regulators officially lifting the ban on crypto exchange-traded notes (cETNs) for retail investors, as reported by CoinW, Ethereum’s performance may experience notable growth. This move signals a major policy shift toward embracing digital asset markets. Furthermore, it will allow individuals to engage in these risk-bearing financial products at their discretion, a move seen as aligning the UK more closely with the global crypto market. Featured image from Getty Images, chart from Tradingview.com
Nasdaq-listed Verb Technology has raised $558 million in a private placement to establish the first publicly listed company dedicated to holding Toncoin (TON) as a treasury reserve asset. The financing round, which was upsized and oversubscribed, was led by Kingsway Capital and drew participation from over 110 institutional and crypto-native investors. Notable backers include Vy […]
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The net gamma exposure of dealers in the Deribit-listed ether options market is negative between $4,000 and $4,400.
Ukraine has had some regulatory starts and stops when it comes to crypto, though momentum for a regulatory bill has picked up since 2024.
Sygnum is expanding regulated Sui blockchain access for institutional clients with custody and trading, and plans to add staking and collateral-backed loans later this year.
The company is moving to become an "everything exchange," its CEO said.
A fresh chart shared on X by the pseudonymous technician Charting Guy is stoking renewed bullish chatter around Dogecoin, suggesting that the meme-coin best known for its social-media cult could be setting up for a run toward the upper boundary of a multiyear rising wedge near $1.60. Will Dogecoin Skyrocket Above $1? The analyst’s daily chart (BINANCE: DOGEUSDT) frames nearly two years of price action inside a broad, magenta-coloured ascending wedge whose support has risen from roughly $0.06 in late-2023 to $0.17 today, and whose resistance projects to $1.10–1.60 over the coming months. At press time DOGE is changing hands at $0.2219, up 8.7 percent on the day, having just pierced the wedge’s internal trend line that capped every rally until mid-July 2025. A cluster of Fibonacci retracement and extension levels anchored to the chart’s swing low at $0.0491 and swing high at $0.7605 defines the roadmap that traders are watching. The token has already reclaimed the 0.382 retracement at $0.1399 and the psychological $0.20 handle, and is now hovering above the 0.50 zone at $0.1933 – ahead of the more technically significant golden ratio at 0.618 ($0.2671). Above that, fib-derived hurdles stack at 0.702 ($0.3362), 0.786 ($0.4232), and 0.888 ($0.5596), with the full retrace level at $0.7605 and the 1.272 extension demarcated at $1.6017 – precisely where the wedge’s ceiling converges in the analyst’s projection. Related Reading: Dogecoin Is Right Where Past Bull Runs Have Taken Off: Analyst What lends the setup its narrative force is a cyan overlay on the same chart – a fractal copy of DOGE’s eruptive late 2024 leg – that has been transplanted onto the current structure. In that earlier episode the coin rocketed 439 percent once price tagged rising-wedge support, sliced through the internal down-sloping resistance, retested it as support and accelerated straight to the upper boundary. The overlay implies that a similar sequence has begun to unfold: DOGE revisited wedge support in late June, broke the internal trend line in mid-July, and retested it successfully this week– if the fractal continues to rhyme – could embark on a vertiginous sprint that terminates where the 1.272 extension meets the wedge roof just north of $1.60. The monthly view reinforces the bullish undertone. Charting Guy points out that the Relative Strength Index (RSI) is on the verge of a bullish cross of its own moving average in the 50–55 band. The last time that crossover occurred, in early 2024, price embarked on the aforementioned 439 percent advance. While momentum has cooled since that high, the oscillator never broke down into oversold territory, suggesting, in classical technical parlance, that DOGE has been basing rather than topping. Sceptics will note that the same wedge has twice rejected advances below $0.50, and that the memecoin still lives below every major high-time-frame supply shelf until $0.76. Yet the chart’s geometry leaves room for a rapid repricing should buyers clear the $0.27–0.34 resistance cluster: the “empty air” between the 0.702 and 0.888 fibs coincides with the steepest part of the wedge. Related Reading: Dogecoin Doomed To Chop? Analyst Sees $0.90–$1.50 Top—But Not Anytime Soon For now, traders have a textbook trigger to watch – the internal magenta down-trend that DOGE has just tested from above. A decisive weekly close above that line, coupled with rising volume, would formally confirm the breakout scenario. Failure to hold $0.20 would invalidate the fractal and shift focus back to wedge support, currently near $0.17. Whether history will repeat with the precision that the fractal projects remains to be seen, but the structural logic on the chart is clear: so long as Dogecoin respects its four-year rising base, the path of least resistance continues to tilt higher – and the upper edge of that structure terminates at $1.60. The coming weeks should reveal whether the meme-asset can turn that technical aspiration into market reality. At press time, DOGE traded at $0.22. Featured image created with DALL.E, chart from TradingView.com
Coinbase is taking another big step as an all-in-one hub for crypto. The company has added decentralized exchange (DEX) trading directly into its main app, letting most U.S. customers trade on-chain without leaving the platform. New York users are excluded for now. The feature launches with Base-native tokens and could massively expand the number of …
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.