The Philippines could soon make history. Senator Bam Aquino has proposed placing the country’s entire national budget on the blockchain, giving citizens the power to track every peso of government spending. Sounds interesting, but is it practical? What’s the idea behind it? Read on. Aquino’s Big Push at Manila Tech Summit Speaking at the Manila …
Sony's Soneium launched 'Soneium Score,' a system designed to track and reward real participation across the blockchain ecosystem.
After the Bitcoin price retracement, XRP seems to have entered into another bearish trend that has sent it below $3 once again. However, despite the correction, XRP has continued to hold major levels, unlike Bitcoin, which has gone on to make new local lows. This suggests that XRP is performing differently from Bitcoin and could see a rally despite the Bitcoin price remaining low during this time. Why XRP Price Holding Above $2.9 Is A Good Thing So far, despite falling below $3, the XRP price has continued to hold above $2.9, which is a major macro level for the XRP price. As crypto analyst CasiTrades explains in an X post, the XRP price has continued to hold its larger macro consolidation pattern, even testing the key trend line at $2.91. Related Reading: Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line Amid the market downtrend, altcoins like XRP have also continued to show bullish divergences. This suggests that the decline may only be short-lived, and a rally could be in the future. There is also the subject of weakening momentum underneath this level, but the crypto analyst explains that this could mean that the XRP price could see a relief bounce soon. As long as the XRP price continues to trade inside of this current consolidation level, there is still the possibility that bulls can reclaim control of the altcoin. Since it is at the 0.618 Fibonacci level, the crypto analyst points out that this is the area of the ‘golden retrace’, a level that has been historically known to set the stage for a bullish continuation. At this point, XRP could be looking to continue a textbook Elliot Wave continuation of Wave 3. Unlike Wave 2, Wave 3 is a bullish wave that tends to send digital asset prices to new local peaks, and sometimes, new all-time highs. Related Reading: XRP Historical Performance Points To 200% Rally To $9.63 For now, the major level that the XRP price needs to hold lies at $2.9. Casi explains that as long as this level holds and remains a support block for the altcoin, then it could signal the start of a new bullish trend that could push the altcoin to brand-new all-time highs. The target for the continuation of the Wave 3 lies above $5.3, clearing the current all-time high of $3.8. This would also mean an over 80% increase from the current price. Featured image from Dall.E, chart from TradingView.com
Ethereum’s standards in interoperability and privacy are supporting the industry in its transition to a future where blockchain wallets are completely secure and intuitive. ERC-4337, the standard enabling account abstraction, is key to this transition. This standard enables the creation of wallets as smart contracts, enhancing functionality and providing users with benefits such as gasless …
XLM price is showing clear signs of weakness as bearish pressure mounts across the broader crypto market. The token is currently trading near $0.3827, down 0.05% in 24 hours and 4.48% over the past week. With a market cap of $12 billion and 24-hour volume of $329.25 million, Stellar price is struggling to hold critical …
The rise of copy trading platforms and trade copiers has given asset managers and professional traders new ways to scale their strategies across dozens (or even hundreds) of client accounts. But while many solutions promise automation, the real test comes down to performance: how fast trades replicate, how reliable the system is under stress, and …
US spot Ethereum ETFs reported $307.2 million in net inflows on Wednesday, while spot bitcoin ETFs logged net inflows of $81.3 million.
Arthur Hayes, former CEO of BitMEX, has once again stirred the crypto community with his new daring forecasts. In his latest blog post Buffalo Bill, Hayes projected massive gains for three emerging tokens: ENA, ETHFI, and HYPE over the next three years. According to him, ENA could jump 51x, ETHFI by 34x, and HYPE by …
Metaverse platform The Sandbox is cutting more than half its staff and closing offices worldwide as Animoca Brands assumes direct control amid dwindling users.
Thaksin met with global digital asset firms in Bangkok to discuss a sovereign reserve and Thailand’s role in regional crypto finance.
On-chain data from Santiment shows both Bitcoin and Ethereum whale address counts grew in August, signaling steady accumulation. Bitcoin & Ethereum Whales Have Seen Their Counts Go Up Recently In a new post on X, on-chain analytics firm Santiment has revealed how the whale populations have shifted on the Ethereum and Bitcoin blockchains recently. Whales refer to the key stakeholders of a cryptocurrency who hold amounts large enough that they can carry some degree of influence in the market. The exact scale of these investors is defined differently across networks. For BTC, whales are considered to be entities carrying more than 1,000 BTC (equivalent to $112 million at the current exchange rate), while for ETH, the threshold is 10,000 ETH ($46.4 million). Related Reading: Bitcoin Selloff: $2.2 Billion In BTC Floods Exchanges Now, here is the chart shared by the analytics firm that shows how the total number of whale-sized wallets has changed on each of these networks over the past few months: As is visible in the above graph, the Bitcoin whales saw their count plummet back in July, implying a notable number of these investors exited from the market near the rally high. In August, the metric has made gradual recovery for the cryptocurrency, with there now being 13 more such wallets compared to the start of the month. While this isn’t anything too big, it does indicate that big-money investors are slowly buying back in. Ethereum has also seen its whale population go up during the same window and the increase has been more dramatic in its case. In total, 48 new whales have joined the blockchain since August began. Given the key position that these investors occupy in the market, the sentiment among them is often worth keeping an eye on. With a buying push occurring from them right now, it would seem that their outlook is bullish, particularly in the case of ETH. In some other news, Bitcoin has witnessed a sharp decline in capital inflows recently, as analyst Willy Woo has explained in an X post. Bitcoin is today seeing around less than $1 billion per day in capital inflows, which is significantly down compared to the earlier peak above $2 billion per day. Interestingly, in the same period as BTC has seen inflows dry up, ETH has observed them pick up instead. Related Reading: Bitcoin Keeps Slipping Down: Is $107,000 The Next Support? This could be an indication that investor interest has been rotating from the former to the latter. Following the uptrend, Ethereum inflows have risen to almost the same level as BTC ones, meaning that a flip could occur soon. BTC Price Bitcoin has seen some recovery from its recent low as its price has climbed back up to $112,500. Featured image from Dall-E, Santiment.net, woocharts.com, chart from TradingView.com
The US Commodity Futures Trading Commission (CFTC) will integrate Nasdaq’s surveillance system to strengthen oversight of digital asset and derivatives trading. The agency confirmed the move on Aug. 27, noting that it marks the replacement of its outdated 1990s-era monitoring tools with technology built for today’s 24-hour markets. Why the CFTC is upgrading The regulator […]
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Crypto markets are bouncing back strongly this week, with total capitalization climbing close to $3.92 trillion after a sharp sell-off earlier. Bitcoin is leading the charge, jumping 2.19% to trade around $113,336, but analysts say this isn’t enough to confirm strength. With September approaching, historically a bearish month for crypto, traders remain cautious. Wondering what …
The Trump family-backed American Bitcoin mining company is poised to go public in September, following a merger with Gryphon Digital Mining. Founders Eric Trump and Donald Trump Jr., along with major investor Hut 8, will hold 98% of the new company. Trading will begin on Nasdaq under the ticker ABTC. The company plans to expand …
Traders on Polymarket see a 7% chance of Johnson winning the bid.
Solana's Alpenglow proposal aims to improve the network's consensus mechanism with new, improved architecture.
Cardano price is trading at $0.8697, with a modest 24-hour gain of 0.37%. Its market cap has inched up to $31.07 billion, while daily trading volume rose by 2.75% to $1.34 billion. With prices ranging between a low of $0.8465 and a high of $0.8752 in the last day, ADA’s short-term movement suggests consolidation. However, …
A new report shows that many South Korean lawmakers are quietly investing in crypto, choosing digital assets over the weak local stock market. Instead of relying on KOSPI, they are building portfolios with Bitcoin, XRP, meme coins like PEPE, and even U.S. tech giants such as Microsoft and Tesla. This shift reflects a bigger trend …
Eleven years ago, Hal Finney, a legendary cypherpunk and the first person to receive a Bitcoin transaction, passed away on August 28, 2014. He was a key figure in developing Bitcoin and advancing cryptography. Despite battling ALS for years, Finney remained a hopeful visionary for digital privacy and blockchain technology. His pioneering contributions continue to …
The Trump administration is considering 11 candidates to replace Jerome Powell; some have previously signalled a constructive stance toward crypto.
Falconedge, a newly established hedge fund advisory firm that emerged from Falcon Investment Management, has revealed a new strategy among publicly traded companies: to allocate nearly all of the proceeds from its upcoming initial public offering (IPO) to building a Bitcoin (BTC) treasury. Bitcoin-Focused IPO Strategy On Wednesday, the firm’s announcement disclosed that Falconedge’s leadership views Bitcoin not merely as a hedge against inflation but as a cornerstone asset for institutional treasury management. By emphasizing Bitcoin as a primary reserve asset, the firm aims to scale its cryptocurrency holdings significantly, thereby enhancing its balance sheet with BTC’s potential and institutional credibility. Related Reading: Shiba Inu’s Shibarium Suffers Crash In Major Metric, Is SHIB Price At Risk? Roy Kashi, CEO of Falconedge, expressed enthusiasm about the firm’s launch in a press release statement. The executive said: We’re proud to launch Falconedge as a next-generation platform that puts Bitcoin at the heart of institutional treasury strategy. This pre-IPO raise positions us to accelerate growth and deepen our impact in digital asset finance. Flaconedge would join a growing trend of public traded companies adopting similar investment options, mulling Strategy’s (MicroStrategy) approach with years accumulating Bitcoin and so far enjoying billionaire returns. Falconedge Completes Pre-IPO Fundraising The firm disclosed it has completed its pre-IPO fundraising and is gearing up for a public offering in September. Falconedge has indicated that the majority of the IPO proceeds will be allocated to Bitcoin accumulation, further solidifying Falconedge’s vision. Falconedge’s IPO is set to be one of the first to dedicate proceeds primarily to Bitcoin reserves, effectively positioning the firm as a hybrid entity that straddles the line between an advisory firm and a digital asset holding company. USDT stablecoin issuer Circle has also been in the spotlight with its debut on the New York Stock Exchange (NYSE). Its shares, traded under the ticker symbol CRCL, surged over 150% in the first days of its debut, highlighting the interest by investors in crypto-focused IPOs. Related Reading: Ethereum To $5,500 In Weeks, $12,000 By Year-End, Tom Lee Predicts Despite being newly formed, Falconedge benefits from the significant credibility and expertise inherited from Falcon Investment Management, a top player in United Kingdom-regulated crypto investing. The firm’s legacy includes launching one of the earliest regulated crypto funds in the UK in 2018, managing over $850 million in crypto assets at its peak, and successfully establishing a decentralized finance-focused fund that has performed well. As of this writing, Bitcoin, the market’s leading cryptocurrency, is trading at $112,100 — nearly 10% below its record high of $124,000 earlier this month. This is in line with the broader correction in the market, which has seen digital asset prices retrace to key support levels. Featured image from DALL-E, chart from TradingView.com
Valour Inc., a subsidiary of DeFi Technologies listed on Nasdaq, has launched a Pi ETP on Sweden’s Spotlight Stock Market. Along with it, the company also introduced eight new SEK-based Exchange Traded Products (ETPs) on the same market. Valour Launches First Pi ETP The launch brings regulated and convenient access to Pi via traditional brokerage …
BTC has recovered from sub-$108,800 alongside new highs in the S&P 500.
Cronos (CRO), the native coin of the Cronos network, stunned the crypto market with a dramatic price surge of over 50%, currently trading around $0.3455, its highest level since early 2022. This remarkable spike has thrust CRO back into the spotlight, leaving traders asking: What’s powering this rally, and is it sustainable? What’s Behind Today’s …
The Smarter Web Company has added 45 more Bitcoin to its treasury, increasing its total holdings to 2,440 BTC. This move is part of the company’s long-term “10-Year Plan” to integrate Bitcoin as a key asset in its financial strategy. Since going public in April 2025, the company has steadily accumulated Bitcoin, viewing it as …
With the recent purchase, ARK Invest now holds more than $300 million worth of Bitmine shares across its three funds.
Philippine Senator Bam Aquino said at the Manila Tech Summit that he plans to file a bill in the next couple of weeks, local media reported.
Around 74% of YZY investors lost money on YZY, while 11 wallets took 30% of entire profits made, according to Bubblemaps.
VanEck CEO Jan van Eck said banks must adopt the blockchain to facilitate stablecoin transfers within 12 months or risk falling behind.
XRP has recovered from the recent market pullback and is attempting to confirm the $3.00 level as support. However, an analyst suggested that the cryptocurrency risks a new retest of the range lows before bullish momentum continues. Related Reading: Cardano Retests Key Support As SEC Delays ETF Decision – Is An October Rally Brewing? XRP’s Daily Close Key For Momentum XRP has reclaimed a crucial level as support while the crypto market stabilizes from this week’s market downturn. The altcoin has been trading sideways over the past week, hovering between $2.85-$3.10 range. The cryptocurrency retested the range lows, holding the lower boundary as support during the recent market volatility. Now, the price surged 7% from Monday’s lows to the $3.08 area before retracing to the $3.00 mark. On Wednesday, analyst Ali Martinez noted that XRP was rejected from local resistance, around the $3.10 area, for the third time, which could signal a new correction to the range lows similar to the previous attempts. If the altcoin fails to hold the current level as support and loses the mid-range area, its price could drop to $2.83, risking a fall below the local range and a deeper correction. On the contrary, if bullish momentum continues and the cryptocurrency breaks out of the crucial resistance, its price could rally to the August high levels, between $3.20-$3.40. Similarly, analyst Cryptoinsightuk noted that XRP had a positive daily close, adding that the “RSI crossed bullish and even throughout this pullback we’ve seen no change in structure.” Nonetheless, he suggested that the cryptocurrency needs to continue its momentum with a second day of follow-through price actions and trading volume. The market watcher asserted that a daily close above the $3.14 area will set up the stage for a rally to the $3.40 resistance in the coming weeks. Is A 2017-Like Rally Coming? After its July rally to its latest all-time high (ATH) of $3.65, the altcoin has been consolidating within a bullish pennant, with price compressing between the pattern’s resistance and support levels. Analyst GalaxyBTC also noted that XRP has been compressing between two parallel levels, repeating its 2017 playbook. Previously, the cryptocurrency hovered between the previous ATH level and the rally breakout level, which was turned into support. Following a consolidation period, the cryptocurrency broke out of this range and recorded a massive rally to its 2018 ATH. This time, XRP turned the $1.70 area into support last November and has been consolidating between this level and the previous ATH for the past eight months, which could suggest that the rally isn’t over yet. If history repeats, a massive breakout will follow once the altcoin breaks out of the previous ATH resistance and turns it into support. Related Reading: Chainlink Ready For Massive Breakout? A 15% Drop May Come First Moreover, the analyst highlighted a key level in XRP’s trading pair against Bitcoin (BTC), explaining that the 0.00003014 area has been a resistance in the XRP/BTC chart over the past six years. While the XRP/BTC pair continues to near this resistance, the market watcher considers that “the timing is perfect, as breaking out will put us well into price discovery on the USD pair.” As of this writing, XRP is trading at $3.02, a 3.3% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com