Wyoming State Debuts US Dollar Stablecoin On Seven Blockchains
Wyoming has become the first U.S. public entity to issue a blockchain-based stablecoin, launching the Frontier Stable Token (FRNT) on seven different blockchains. What Happened: The Wyoming Stable Token Commission announced the mainnet release on Aug. 19, positioning the state at the forefront of government-issued digital assets. FRNT is...
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Ripple CTO Says Next Project Is ‘Production Ready’, What Is It?
Ripple Chief Technology Officer (CTO) David Schwartz has provided an update on his next project for the XRP Ledger (XRPL). He stated that it is almost production-ready and explained what it entails. Ripple CTO Gives Update On Next Project In an X post, the Ripple CTO said that the...
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Trump Jr.-Linked Thumzup Expands Into Dogecoin, Litecoin Mining With Dogehash Deal
Thumzup Media Corporation, a digital-asset treasury company backed by Donald Trump Jr., announced Tuesday it will acquire Dogehash Technologies, a Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC) mining firm, in an all-stock transaction. The deal, which will see Dogehash shareholders exchange their holdings for 30.7 million shares of Thumzup,...
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David Bailey’s Bitcoin treasury KindlyMD acquires $679 million in BTC
KindlyMD’s significant Bitcoin acquisition underscores the growing trend of corporations viewing cryptocurrency as a key financial asset. The post David Bailey’s Bitcoin treasury KindlyMD acquires $679 million in BTC appeared first on Crypto Briefing....
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HBAR Drops 2.5% After Breaking Key Support Levels
HBAR saw sharp selling pressure during the latest session, slipping from $0.241 to $0.238 between 13:25 and 14:24 on August 19. An early spike to $0.243 was quickly reversed as heavy selling drove the token through key support levels. A 5.38 million volume surge at 13:32 confirmed the breakdown,...
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ICP Weakens as Selling Pressure Builds Near Critical Support
Internet Computer Protocol (ICP) drifted downward over the past 24 hours, shedding 2.35% to trade at $5.18. The token moved within a $0.23 band between $5.14 and $5.40, reflecting a 4% swing that underscored the persistent volatility shaping current market conditions, according to CoinDesk Research’s technical analysis data model....
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Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise
Cryptocurrencies continued their slide on Tuesday with bitcoin (BTC) sinking below $114,000 as investors are turning cautious that Federal Reserve Chair Powell’s Friday Jackson Hold speech may come with a hawkish surprise. BTC dropped to $113,700 during the early hours of the U.S. session, its weakest price in almost...
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Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets
Robinhood (HOOD) has partnered with Kalshi, a Commodity Futures Trading Commission (CFTC)-regulated and blockchain-based prediction market, to let users trade on the outcomes of NFL and college football games. The betting market will be available through Robinhood’s Prediction Markets Hub, available across the U.S. through Kalshi, the popular trading...
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XLM Plunges 2% Amid High-Volume Selling Pressure
Stellar’s XLM token slipped 1.75% over the past 24 hours, falling from $0.41 to $0.40 as volatility picked up across the market. The trading range widened to 4.32% during the period, with a sharp selloff at 03:00 UTC on Aug. 19 driving volumes to 52.17 million — more than...
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BONK Falls 3% as Memecoin Fails to Reclaim Resistance Level
BONK, the Solana-based meme token, endured heightened volatility in the last 24 hours, falling 2.9% to $0.00002192. The action was defined by a ceiling at $0.00002308 that sellers repeatedly defended, while downside pressure built steadily, according to CoinDesk Research’s technical analysis data model. Consolidation around $0.00002262 gave way to...
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