IVD Medical’s ETH buy will serve as both the backbone of its ivd.xyz tokenization platform and a yield-generating treasury asset, powering settlements, stablecoin backing, and staking strategies.
Ukraine’s central bank said it remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized as legal tender, per RBC Ukraine. National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said on August 8 that “virtual assets cannot be a means of payment in Ukraine” and described this restriction […]
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Humanity Protocol’s $1.1B-valued mainnet uses zkTLS to link Web2 credentials with Web3 services while keeping user data private.
A recent debate has been seen regarding XRP vs Bitcoin (BTC). While some say that Bitcoin is the revolution of cryptocurrency, others believe that XRP is more favorable with its 400 times faster services. The debate centers on the fundamental differences and potential investments, with strong arguments on both sides. XRP vs Bitcoin: Which One …
The joint venture, known as Anchorpoint, also includes Hong Kong Telecom and aims to build a business model for the issuance of licensed stablecoins.
Cryptocurrency exchanges have been rolling out stricter controls and clearer disclosures on how user funds are safeguarded.
The physical hat associated with the iconic photo of Achi, the dog behind the Dogwifhat memecoin, sold via auction on Ord City for 6.8 BTC.
On Thursday, the decades-old wall separating US retirement accounts from direct crypto exposure came down — and the potential capital inflow is staggering. President Donald Trump signed an executive order that will open 401(k) retirement plans to a broader range of alternative assets, including private equity, real estate, and — for the first time — crypto assets such as Bitcoin, Ethereum, and Solana. Is A Trillion-Dollar Crypto Flood About To Hit? The news marks a sharp reversal from the US Department of Labor’s (DOL) aggressive stance just three years ago, when the agency issued an unprecedented warning urging retirement plan providers to “exercise extreme caution” before offering crypto in 401(k) plans. As Ryan Rasmussen, Head of Research at Bitwise Asset Management, noted, “It was the first — and only — time the DOL singled out an asset class like this. Not even junk bonds or ESG funds.” In 2022, the DOL went further, stating that adding crypto to a 401(k) could be interpreted as a failure to meet the required fiduciary standard of professional care. The message was unambiguous: providers who failed to meet that standard could be held personally liable for any losses. This effectively froze the market before it began. “401(k) providers had to decide if adding crypto to plans was worth the risk of DOL scrutiny. Most didn’t,” Rasmussen explained. The chilling effect was immediate — sponsors backed off, firms paused crypto-linked retirement products, and investors “missed out on life-changing returns.” Related Reading: USDC Emerges As Top Pick In Booming Crypto Payroll Trend—Survey By mid-2025, however, the tide had turned. Mounting legal pressure, pushback from 401(k) providers, and Congressional criticism of regulatory overreach led the DOL to rescind its “extreme caution” guidance in full. More strikingly, the agency admitted that its 2022 approach was a deviation from its historically neutral treatment of investment strategies. As Rasmussen put it, “Once again, the US government admitted it had singled out crypto.” Now, the executive order will not merely remove the roadblocks but actively open the gates. According to Bloomberg data cited by Rasmussen, the US 401(k) market is valued at approximately $12.5 trillion. Even a 1% allocation to crypto would translate to $125 billion in inflows; a 10% allocation could reach $1.25 trillion. Rasmussen believes the earliest beneficiaries will be assets with existing exchange-traded fund (ETF) structures, naming Bitcoin, Ethereum, and Solana, while adding that “a rising tide lifts all boats.” More Implications For industry observers, the implications extend beyond a one-time capital injection. Tom Dunleavy, Head of Venture at Varys Capital, stressed that the mechanics of 401(k) investing create a powerful and persistent demand driver. “In the US, roughly 100 million Americans have a retirement investment vehicle known as a 401(k),” Dunleavy explained. Related Reading: Crypto Is Here To Stay—Even The SEC Can’t Do Anything About It, Analyst Says “Every 2 weeks, a portion of their paychecks are routed directly into purchasing a mixture of stocks and bonds… This is a HUGE driver of the equity market run and resilience over the past 20 years. A constant background bid for assets.” With around $50 billion entering these funds biweekly, even a modest portfolio allocation to crypto — 1%, 3%, or 5% — could create recurring inflows of $120 billion to $600 billion annually. “And these aren’t one-time flows. THEY KEEP BUYING ONCE ALLOCATIONS ARE SET,” Dunleavy emphasized. Jan Happel and Yann Allemann, the founders of Glassnode and Swissblock, are already calling the move a watershed for mainstream adoption. They remarked via X, “People don’t realize yet how big today’s news has been for crypto… this will be seen as the watershed moment for mainstream adoption, much more than the ETF.” Scott Melker, known as “The Wolf of All Streets,” highlighted the transformational nature of the change: “Until now, the average American couldn’t touch Bitcoin or Altcoins in a 401(k). Soon, they might be able to DCA and trade like a degen tax-free for decades. This isn’t just policy — it’s a paradigm shift.” As Dunleavy summed it up, with 401(k)s and direct asset trusts in place, the policy “put[s] a ridiculous floor under crypto going forward and move[s] the limit from the moon to Jupiter.” At press time, the total crypto market cap stood at $3.82 trillion. Featured image created with DALL.E, chart from TradingView.com
Standard Chartered has partnered with Animoca Brands and Hong Kong telecom group HKT to establish Anchorpoint Financial, a joint venture applying for a license to issue a Hong Kong dollar-backed stablecoin under the city’s new regulatory regime. As Reuters reported, the venture formally notified the Hong Kong Monetary Authority (HKMA) of its intent just days […]
The post Hong Kong’s first HKD stablecoin race begins as Standard Chartered files early appeared first on CryptoSlate.
The Solana memecoin launchpad says its new Glass Full Foundation will inject liquidity into select ecosystem tokens.
The headlines were buzzing, but SBI Holdings says it’s not true – at least not yet. The Japanese financial giant has denied claims that it has already filed for crypto exchange-traded funds (ETFs), including a dual Bitcoin-XRP product. Here’s the full truth. No ETF Filings Yet, Says SBI Holdings Reports earlier this week suggested SBI …
An SBI Holdings representative told Cointelegraph that the company had not filed any crypto-asset ETF applications.
Ripple and the US Securities and Exchange Commission (SEC) have agreed to formally end their appeals in the high-profile lawsuit that has dragged on for nearly four years. In a joint filing on Aug. 7, both parties confirmed they will withdraw their appeals following a Commission vote. Ripple’s Chief Legal Officer, Stuart Alderoty, said the […]
The post Ripple and SEC settle, sparking XRP’s 10% rally and BlackRock ETF speculation appeared first on CryptoSlate.
The $4,000 level has remained elusive for Ethereum even after rallying 40%+ in the months of May and July. The fact that the altcoin has been unable to clear this level points to this being the resistance to beat if Ethereum is to continue its uptrend. It also shows that there are forces keeping the altcoin from breaking this $4,000, and one market expert has attributed this to hedge funds, who have a unique interest in holding the price below $4,000. What Ethereum Above $4,000 Means For Options Traders In an X post, trader and market analyst Glen Goodman unveiled another angle to the beatdown that the Ethereum price has continuously suffered at the $4,000 level. This elusive price tag remains the singular hindrance to the ETH price possibility breaking its $4,800 peak from 2021, and its continuous trading below this price tag could be intentional. Related Reading: Bitcoin Could See Another Crash To Fill This Imbalance Before Rally To $120,000 Goodman’s post focuses on options traders and the hedge funds which they are betting against. Basically, since the hedge funds are still short Ethereum at this point, they need to suppress the price and keep it from reclaiming $4,000 in order to keep their positions in a profit. These professional traders or hedge funds are the ‘sellers’ who write the options, and they get a premium for doing so. Then the options buyers are paying a premium to the sellers as they are betting on the price of Ethereum actually going up above $4,000. So, every time the Ethereum price does reach $4,000, it gets beaten down so hedge funds can continue to profit from the premiums being made from buyers. What Happens If ETH Clears $4,000? In the event that the Ethereum price does cross $4,000, it means that the hedge funds will start to lose money, and the options buyers will begin making money. As the crypto trader explains, the higher the ETH price goes, the more money the options buyers make and the more money the hedge funds lose. This is why there always seems to be a violent pullback every time Ethereum comes close to $4,000 as the hedge funds continue to short it. Related Reading: Dogecoin Price Crash Could End Soon With A Roadmap For $5 Goodman explained that the hedge funds have been able to use this strategy to keep the Ethereum price below $4,000 and remain in profit. However, with each time that the altcoin comes close to the $4,000 level, the probability of breaking above it becomes higher. Over the long term, Ethereum’s price breaking $4,000 is incredibly bullish. “Strong resistance kicks in at $4000, so the price could really fly if it beats all the resistance in the early 4000s,” Goodman explained. Featured image from Dall.E, chart from TradingView.com
CrediX team appears to have executed an exit scam following a $4.5 million exploit, with the project’s X account inactive and website offline.
Pi Network is reshaping its token distribution strategy, opting for a compliance-driven model over the typical crypto playbook of mass exchange listings. The blockchain project is now directing Pi tokens through Know Your Business (KYB)-approved partners, including Banxa, TransFi, Onramp.Money, and Onramper, all of which operate across more than 100 countries with 170+ payment methods. …
Chainlink (LINK) is making headlines after a strong rally lifted the token to $19.15, marking a 15% daily gain and pushing its market cap near $13 billion. From a new reserve program to whale buying and bullish chart signals, several factors are fueling this rally, as analysts believe it might just be the beginning. Let’s …
ETH’s price appreciation has also been supported by the growing number of public “crypto treasury companies,” or firms that buy and hold tokens directly or through dedicated vehicles.
Two Seas Capital described the valuation as "inadequate" and urged other Core Scientific shareholders to also oppose the deal.
The U.S. Securities and Exchange Commission (SEC) is currently reviewing several applications for XRP-based exchange-traded funds (ETFs). It is expected to announce its final decision on most of these applications by October 2025. But there are some factors that create a strong bullish environment that can improve the likelihood of XRP ETF approval soon. Three …
A crypto trader said early Bitcoin investors very likely wouldn’t have the conviction to hold onto the cryptocurrency for over a decade through its many sharp corrections.
An analyst has pointed out how Dogecoin has entered into a zone that kicked off major bull runs for the memecoin in the past. Dogecoin Is Trading Near Lower Level Of Historical Ascending Channel In a new post on X, analyst Ali Martinez has talked about how the weekly Dogecoin price has entered into a historically important buy zone. Below is the chart shared by Martinez, showing this trend. As is visible in the graph, the Dogecoin weekly price has roughly followed an Ascending Channel over the past decade. The “Ascending Channel” here refers to a technical analysis (TA) pattern that forms when an asset trades between two parallel trendlines angled upward. Related Reading: Bitcoin Short-Term Holders Are Capitulating—Will June Pattern Repeat? The upper line of the pattern tracks successive higher highs in the price, while the lower one connects higher lows. The former is considered to be a source of resistance and the latter that of support. Though, while this may be so, Dogecoin has dipped under the lower line of its long-term Ascending Channel a few times over the years, with the latest instance coming this year. That said, in each of these occurrences, the asset found support at a trendline a bit below the Ascending Channel’s lower level. The analyst has described the shaded area between the two lines as a “historically strong buy zone.” From the chart, it’s apparent that multiple major bull runs in DOGE found their start after the price retested this zone. At present, the token is trading inside the area, with recent attempts to re-enter the Ascending Channel ending up in failure. It now remains to be seen whether a breakout into the channel would follow for Dogecoin and potentially kick off another rally, or if this cycle would break the pattern. Related Reading: Dogecoin Whales Buy The Dip: $1 Billion DOGE Added The Ascending Channel is just one type of pattern with parallel trendlines that exists in TA. When the asset’s consolidation occurs toward the downside instead, the formation is known as a Descending Channel. As pointed out by Martinez in another X post, another memecoin, Pudgy Penguins (PENGU), has broken out of such a channel recently. As displayed in the above chart, the 1-hour price of Pudgy Penguins was sliding down inside the Descending Channel during the last two weeks, but it has just found a surge above its resistance line. “PENGU targets $0.041 after breaking out of a descending channel!” says the analyst. DOGE Price At the time of writing, Dogecoin is trading around $0.21, up almost 4% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com
Ripple Labs and the SEC filed a joint stipulation of dismissal for their appeals, bringing the five-year SEC vs. Ripple case to a close. This agreement leaves in place the 2023 ruling that XRP secondary market sales aren’t securities, but maintains Ripple’s liability for institutional sales. Each side will bear its legal costs. However, the …
Crypto bulls are eyeing $120,000 for BTC and $4,000 for ETH after this week delivered bullish cues across ETF flows and macro, an analyst says.
A cybercrime group dubbed “GreedyBear” has stolen over $1 million in crypto using hundreds of fake wallet extensions, malware types and scam websites, Koi Security said.
After months of ups and downs, Bitcoin miners are finally under less pressure to sell. CryptoQuant analyst Axel Adler Jr says the market is now out of its “stress zone,” but it’s still not showing the big rallies we’ve seen before. He also warns that the $115,000 level could be a danger zone for the …
Pump.fun has introduced the Glass Full Foundation to provide substantial liquidity support to its most active and promising communities. The foundation’s goal is to speed up development on the Solana network by backing several projects already, with more funding planned in the future. This initiative aims to drive innovation and strengthen the Solana ecosystem through …
Tornado Cash co-founder Roman Storm faces decades in prison if prosecutors retry deadlocked charges in a high-profile case.
A memecoin group said it’s behind a recent trend of sex toys being thrown during WNBA games, which has seen two men arrested for allegedly taking part.
Pi Network is seeing a slight recovery today, with its price up over 5% and currently trading at $0.3662. While this may be a relief for holders, the token is still down more than 21% over the past 30 days. The bigger picture shows how steep the fall has been. On February 26, 2025, just …