XRP Gains 4% as Ripple-SEC Settlement Spurs Institutional Buying
Token extends post-settlement rally on strong mid-session momentum, with volumes topping 140 million tokens as buyers test $3.30 resistance. Technical Analysis Overview XRP rises 4% in the 24-hour period ending August 13, climbing from $3.15 to $3.25 within a $0.20 range (6% volatility). The bulk of gains occur between...
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CRCL Stock Drops 6% After Hours Even As Circle CEO Doubles Down On ‘Big-Tent’ Crypto Strategy, Backs Coinbase-Shopify Deal
Circle Internet Group Inc. (NYSE:CRCL) CEO Jeremy Allaire supported Coinbase Global Inc.’s (NASDAQ:COIN) partnership with Shopify Inc. (NASDAQ:SHOP) on Tuesday, emphasizing the company’s broad-minded approach to the evolving stablecoin payment landscape. CRCL is feeling the pressure from bearish momentum. See the market dynamics here. A ‘Valuable’ Step Toward Increasing...
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Ethereum Derivatives Mania: Positions Cross $30 Billion For First Time Ever
Data shows the Ethereum derivatives market Open Interest has hit a new all-time high (ATH) following a surge in trader positioning. Ethereum Open Interest Has Crossed $30 Billion As explained by CryptoQuant community analyst Maartunn in a new post on X, the Ethereum Open Interest has seen a rise...
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Mining Bitcoin: New Miners Arrived, Garage Setup Explained! #shorts
New miners have arrived, but should the creator mine solo or join a pool? It’s toasty in the garage as the Nerminer V2 and a Bitaxe Supra with enhanced cooling get put to the test. ‘This is gonna get me a chunk of that!’ #bitcoinmining #cryptomining #miningpool #bitaxe #Nerminer...
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Coinbase relaunches Stablecoin Bootstrap Fund to boost DeFi liquidity
Coinbase has brought back its Stablecoin Bootstrap Fund, injecting capital into the decentralized finance ecosystem to enhance liquidity for both USDC and EURC. Announced on Aug. 12, the initiative represents the fund’s first significant activity in more than four years…...
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Ethereum whales scoop sales by traders in ‘disbelief’ of rally: Santiment
Despite Ether finally edging back toward its all-time high of $4,878, chatter on social media shows retail traders remain skeptical and in disbelief, according to Santiment....
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Ethereum’s Corporate Treasuries Exploded 127% in July Amid Capital Rotation: Binance Research
Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor capital flowed aggressively into altcoins. According to Binance Research’s market insights shared with CryptoPotato, Bitcoin’s dominance fell by 5.2%...
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Asia Morning Briefing: Polymarket Bettors Foresee $5K ETH by End of August
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading...
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Norway’s Wealth Fund Grows Indirect Bitcoin Exposure To $844 Million, Up 192% YoY
As Bitcoin (BTC) steadily marches toward setting another all-time high (ATH), the cryptocurrency’s adoption is rising in parallel. In a recent X post, Vetle Lunde, senior analyst at K33 Research, highlighted that Norway’s Sovereign Wealth Fund has increased its indirect exposure to BTC. Norwegian Sovereign Wealth Fund Increased Bitcoin...
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Treasury Secretary Bessent says Fed should consider 50-basis-point rate cut as job market shows signs of weakness
A significant rate cut could signal economic concerns, potentially leading to market volatility and impacting future monetary policy decisions. The post Treasury Secretary Bessent says Fed should consider 50-basis-point rate cut as job market shows signs of weakness appeared first on Crypto Briefing....
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