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JPMorgan Taps New Global Co-Head to Lead Blockchain Arm KinexysJPMorgan Chase has named Kara Kennedy as the new global co-head of Kinexys, the bank’s blockchain-focused division, deepening its investment in digital asset infrastructure as regulatory clarity improves in the US. Bloomberg reported Wednesday that Kennedy, who is based in Edinburgh, will oversee Kinexys Digital Assets and Kinexys Labs, two units that focus on asset tokenization and blockchain project development, respectively. She will lead the division alongside Naveen Mallela, who remains in Singapore and will continue to manage the payments side, including Kinexys Digital Payments and Kinexys Liink. JPMorgan Chase has appointed a new global co-head of its blockchain division https://t.co/tvzYdx28uj — Bloomberg (@business) August 6, 2025 Before stepping into her new role, Kennedy led digital asset product strategy for JPMorgan’s securities services business. She brings a background in navigating institutional blockchain adoption and will now take the reins at a time when the bank is expanding its pilot programs in tokenized finance. JPMorgan Expands Blockchain Pilots With JPMD Token and Carbon Credit Platform JPMorgan has been trialling JPMD, a blockchain-based token that represents dollar deposits. In June, it completed its first transfer of JPMD from the bank’s digital wallet to crypto exchange Coinbase. Since then, the pilot has been ongoing and is expected to continue for several more months. It may then expand to other users and potentially include more currencies, depending on regulatory approval. Last month, Kinexys helped test a new blockchain platform for carbon credits. The pilot involved S&P Global Commodity Insights, EcoRegistry and the International Carbon Registry. Together, they aim to tokenize carbon credits listed in each registry’s system. This would create a more transparent and traceable market for climate-related assets. Recent US Stablecoin Rules Fuel Institutional Blockchain Momentum Kennedy’s appointment comes at a time when blockchain adoption is gaining momentum among multinational banks. This shift is being driven by new legislation in the US that sets a legal framework for stablecoins and tokenized deposits. As a result, institutions that once moved cautiously are now accelerating pilot programs. They are also bringing in experienced leaders to guide their efforts. The Kinexys division was carved out of JPMorgan’s broader Onyx platform. It was then rebranded to better match the bank’s commercial goals. Now, it unifies tokenization, digital payments and information networks under a single structure. This setup is designed to serve corporates and institutions adopting blockchain-based systems. Industry observers say JPMorgan’s proactive approach is a clear signal. Large financial institutions are preparing for a future where assets, transactions and data flows exist directly on-chain. Already, tokenized payments, cross-border settlements and carbon credit tracking offer early signs of how these systems might develop. The post JPMorgan Taps New Global Co-Head to Lead Blockchain Arm Kinexys appeared first on Cryptonews.

JPMorgan Taps New Global Co-Head to Lead Blockchain Arm Kinexys

JPMorgan Chase has named Kara Kennedy as the new global co-head of Kinexys, the bank’s blockchain-focused division, deepening its investment in digital asset infrastructure as regulatory clarity improves in the US.

Bloomberg reported Wednesday that Kennedy, who is based in Edinburgh, will oversee Kinexys Digital Assets and Kinexys Labs, two units that focus on asset tokenization and blockchain project development, respectively.

She will lead the division alongside Naveen Mallela, who remains in Singapore and will continue to manage the payments side, including Kinexys Digital Payments and Kinexys Liink.

JPMorgan Chase has appointed a new global co-head of its blockchain division https://t.co/tvzYdx28uj

— Bloomberg (@business) August 6, 2025

Before stepping into her new role, Kennedy led digital asset product strategy for JPMorgan’s securities services business. She brings a background in navigating institutional blockchain adoption and will now take the reins at a time when the bank is expanding its pilot programs in tokenized finance.

JPMorgan Expands Blockchain Pilots With JPMD Token and Carbon Credit Platform

JPMorgan has been trialling JPMD, a blockchain-based token that represents dollar deposits. In June, it completed its first transfer of JPMD from the bank’s digital wallet to crypto exchange Coinbase.

Since then, the pilot has been ongoing and is expected to continue for several more months. It may then expand to other users and potentially include more currencies, depending on regulatory approval.

Last month, Kinexys helped test a new blockchain platform for carbon credits. The pilot involved S&P Global Commodity Insights, EcoRegistry and the International Carbon Registry. Together, they aim to tokenize carbon credits listed in each registry’s system. This would create a more transparent and traceable market for climate-related assets.

Recent US Stablecoin Rules Fuel Institutional Blockchain Momentum

Kennedy’s appointment comes at a time when blockchain adoption is gaining momentum among multinational banks. This shift is being driven by new legislation in the US that sets a legal framework for stablecoins and tokenized deposits. As a result, institutions that once moved cautiously are now accelerating pilot programs. They are also bringing in experienced leaders to guide their efforts.

The Kinexys division was carved out of JPMorgan’s broader Onyx platform. It was then rebranded to better match the bank’s commercial goals. Now, it unifies tokenization, digital payments and information networks under a single structure. This setup is designed to serve corporates and institutions adopting blockchain-based systems.

Industry observers say JPMorgan’s proactive approach is a clear signal. Large financial institutions are preparing for a future where assets, transactions and data flows exist directly on-chain. Already, tokenized payments, cross-border settlements and carbon credit tracking offer early signs of how these systems might develop.

The post JPMorgan Taps New Global Co-Head to Lead Blockchain Arm Kinexys appeared first on Cryptonews.
[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as...The crypto market is showing mixed signals today, with Bitcoin hovering around $114K and Ethereum briefly breaking above $3,700 before settling slightly lower. BTC is caught in a low-liquidity “air gap” between $110K and $116K, raising concerns about further downside if demand doesn’t return. While Layer2 tokens like POL and Mantle jumped over 8%, and CeFi assets like BNB and CRO saw modest gains, sectors like Meme, PayFi, and AI posted losses. Market conviction remains weak, with ETF outflows and cautious derivatives activity reflecting a fragile backdrop. But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market appeared first on Cryptonews.

[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as...

The crypto market is showing mixed signals today, with Bitcoin hovering around $114K and Ethereum briefly breaking above $3,700 before settling slightly lower. BTC is caught in a low-liquidity “air gap” between $110K and $116K, raising concerns about further downside if demand doesn’t return. While Layer2 tokens like POL and Mantle jumped over 8%, and CeFi assets like BNB and CRO saw modest gains, sectors like Meme, PayFi, and AI posted losses. Market conviction remains weak, with ETF outflows and cautious derivatives activity reflecting a fragile backdrop.

But what else is happening in crypto news today? Follow our up-to-date live coverage below.

The post [LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market appeared first on Cryptonews.
Crypto Asset Manager Parataxis to Go Public in SPAC Merger, $640M BTC Treasury in FocusParataxis Holdings, an institutional digital asset manager, has confirmed a SPAC merger with SilverBox Corp IV to raise up to $640 million for a NYSE-listed Bitcoin treasury company. The combined firm will be named Pubco and will trade under the ticker “PRTX,” an official release noted. SPAC Earmarks $31M for BTC Purchase The special purpose acquisition company (SPAC) deal will deliver up to $240 million to Parataxis Holdings, subject to shareholder redemptions. “This includes $31 million of equity that will be funded immediately to purchase BTC,” the company said. Further, the deal values the combined company at $400 million, at a $10 share price. The share purchase agreement will give Pubco the flexibility to raise additional capital as needed to support the continued accumulation of BTC, it added. According to Parataxis CEO Edward Chin, the deal would make the new entity “well capitalised” to execute a BTC treasury strategy in the US. “We will also be ideally positioned to further establish and grow our successful foothold in South Korea with Parataxis Korea,” Chin said. Bitcoin Treasury Model Uptick The SPAC merger follows several other companies’ models in pursuing a Bitcoin treasury strategy, led by Michael Saylor’s Strategy (formerly MicroStrategy). Corporate buyers and Wall Street investors have added more than 166,000 Bitcoin in July. Per Bitcoin Treasuries data, the total BTC holdings, including publicly traded companies and exchange-traded products, increased to 3.64 million BTC worth $428 billion at month-end. “Today’s announcement brings us closer to realizing our vision of creating a publicly listed entity that delivers differentiated exposure to Bitcoin via a disciplined, institutional platform investing across underserved growth markets,” CEO Edward Chin added. Besides, the SPAC deal will specifically allow the firm to expand its BTC treasury strategy in the US and South Korean markets. The post Crypto Asset Manager Parataxis to Go Public in SPAC Merger, $640M BTC Treasury in Focus appeared first on Cryptonews.

Crypto Asset Manager Parataxis to Go Public in SPAC Merger, $640M BTC Treasury in Focus

Parataxis Holdings, an institutional digital asset manager, has confirmed a SPAC merger with SilverBox Corp IV to raise up to $640 million for a NYSE-listed Bitcoin treasury company.

The combined firm will be named Pubco and will trade under the ticker “PRTX,” an official release noted.

SPAC Earmarks $31M for BTC Purchase

The special purpose acquisition company (SPAC) deal will deliver up to $240 million to Parataxis Holdings, subject to shareholder redemptions.

“This includes $31 million of equity that will be funded immediately to purchase BTC,” the company said.

Further, the deal values the combined company at $400 million, at a $10 share price. The share purchase agreement will give Pubco the flexibility to raise additional capital as needed to support the continued accumulation of BTC, it added.

According to Parataxis CEO Edward Chin, the deal would make the new entity “well capitalised” to execute a BTC treasury strategy in the US.

“We will also be ideally positioned to further establish and grow our successful foothold in South Korea with Parataxis Korea,” Chin said.

Bitcoin Treasury Model Uptick

The SPAC merger follows several other companies’ models in pursuing a Bitcoin treasury strategy, led by Michael Saylor’s Strategy (formerly MicroStrategy).

Corporate buyers and Wall Street investors have added more than 166,000 Bitcoin in July. Per Bitcoin Treasuries data, the total BTC holdings, including publicly traded companies and exchange-traded products, increased to 3.64 million BTC worth $428 billion at month-end.

“Today’s announcement brings us closer to realizing our vision of creating a publicly listed entity that delivers differentiated exposure to Bitcoin via a disciplined, institutional platform investing across underserved growth markets,” CEO Edward Chin added.

Besides, the SPAC deal will specifically allow the firm to expand its BTC treasury strategy in the US and South Korean markets.

The post Crypto Asset Manager Parataxis to Go Public in SPAC Merger, $640M BTC Treasury in Focus appeared first on Cryptonews.
USDC Leads 3x Rise in Crypto-Based Salary Payments Over Past Year: SurveyThe share of workers paid in cryptocurrency has more than tripled over the past year, with USDC emerging as the most popular digital asset for payroll, according to Pantera Capital’s 2024 Blockchain Compensation Survey. In 2023, only 3% of respondents reported receiving any part of their salary in crypto. That figure jumped to 9.6% in 2024, as blockchain-native firms and DAOs increasingly turned to stablecoins and tokens to compensate employees and contributors. At the same time, the share of workers paid exclusively in fiat dropped from 97% to 89.1%. This shift shows a broader willingness among companies to integrate digital assets into day-to-day operations, particularly in roles that span borders or operate within decentralized ecosystems. Stablecoins Become Standard for Crypto Wages, USDC in Front Among those receiving crypto compensation, USDC was the dominant choice. The dollar-pegged stablecoin accounted for 63% of all crypto salaries, far outpacing USDT, which held a 28.6% share. Other tokens like Solana and Ethereum made up a smaller slice, with 1.9% and 1.3%, respectively. Our mission is to support the long-term success of both our portfolio companies and the broader crypto ecosystem. One major gap we’ve consistently seen? Reliable, transparent compensation data for crypto teams. That’s why we created our annual Crypto Compensation Survey – a… — Pantera Capital (@PanteraCapital) August 6, 2025 Pantera’s survey covers blockchain engineers, product managers, legal and operations staff across the industry. The results suggest that stablecoins are no longer limited to trading pairs or DeFi use cases, but are also becoming a practical tool for payroll and international payments. USDC Adoption in Payroll Strengthened by Monthly Reserve Disclosures Crypto compensation offers several advantages, especially for globally distributed teams. Stablecoins enable faster settlement times, lower transaction fees and easier access to US dollar value in regions with banking restrictions or currency instability. The findings also point to growing confidence in USDC’s reputation for regulatory compliance and transparency, particularly after Circle, its issuer, began publishing detailed monthly reserve reports and secured access to US Treasuries. More Workers Opt to Split Salaries Between Cash and Crypto While full salary payments in crypto remain uncommon, hybrid arrangements are gaining traction. Many firms now allow employees to split their compensation between fiat and digital assets, giving workers the option to dollar-cost average into crypto markets or spend directly using Web3 wallets. Pantera’s report did not disclose regional trends, but the surge in crypto salaries is likely driven in part by Asia-based teams and contractors who rely on stablecoins for cost-effective cross-border payments. The rise of on-chain compensation also comes as more crypto-native companies formalize operations. With better treasury management tools, real-time payroll rails and accounting platforms tailored for digital assets, the logistical barriers to paying in crypto are beginning to fall. The post USDC Leads 3x Rise in Crypto-Based Salary Payments Over Past Year: Survey appeared first on Cryptonews.

USDC Leads 3x Rise in Crypto-Based Salary Payments Over Past Year: Survey

The share of workers paid in cryptocurrency has more than tripled over the past year, with USDC emerging as the most popular digital asset for payroll, according to Pantera Capital’s 2024 Blockchain Compensation Survey.

In 2023, only 3% of respondents reported receiving any part of their salary in crypto. That figure jumped to 9.6% in 2024, as blockchain-native firms and DAOs increasingly turned to stablecoins and tokens to compensate employees and contributors.

At the same time, the share of workers paid exclusively in fiat dropped from 97% to 89.1%. This shift shows a broader willingness among companies to integrate digital assets into day-to-day operations, particularly in roles that span borders or operate within decentralized ecosystems.

Stablecoins Become Standard for Crypto Wages, USDC in Front

Among those receiving crypto compensation, USDC was the dominant choice.

The dollar-pegged stablecoin accounted for 63% of all crypto salaries, far outpacing USDT, which held a 28.6% share. Other tokens like Solana and Ethereum made up a smaller slice, with 1.9% and 1.3%, respectively.

Our mission is to support the long-term success of both our portfolio companies and the broader crypto ecosystem.

One major gap we’ve consistently seen? Reliable, transparent compensation data for crypto teams.

That’s why we created our annual Crypto Compensation Survey – a…

— Pantera Capital (@PanteraCapital) August 6, 2025

Pantera’s survey covers blockchain engineers, product managers, legal and operations staff across the industry. The results suggest that stablecoins are no longer limited to trading pairs or DeFi use cases, but are also becoming a practical tool for payroll and international payments.

USDC Adoption in Payroll Strengthened by Monthly Reserve Disclosures

Crypto compensation offers several advantages, especially for globally distributed teams. Stablecoins enable faster settlement times, lower transaction fees and easier access to US dollar value in regions with banking restrictions or currency instability.

The findings also point to growing confidence in USDC’s reputation for regulatory compliance and transparency, particularly after Circle, its issuer, began publishing detailed monthly reserve reports and secured access to US Treasuries.

More Workers Opt to Split Salaries Between Cash and Crypto

While full salary payments in crypto remain uncommon, hybrid arrangements are gaining traction. Many firms now allow employees to split their compensation between fiat and digital assets, giving workers the option to dollar-cost average into crypto markets or spend directly using Web3 wallets.

Pantera’s report did not disclose regional trends, but the surge in crypto salaries is likely driven in part by Asia-based teams and contractors who rely on stablecoins for cost-effective cross-border payments.

The rise of on-chain compensation also comes as more crypto-native companies formalize operations. With better treasury management tools, real-time payroll rails and accounting platforms tailored for digital assets, the logistical barriers to paying in crypto are beginning to fall.

The post USDC Leads 3x Rise in Crypto-Based Salary Payments Over Past Year: Survey appeared first on Cryptonews.
Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K BreakoutBitcoin is trading just above $114,000, defending its ascending trendline and 50-day SMA, a key confluence zone that traders often watch for bullish continuation. This technical retest comes as institutional momentum heats up: Satsuma Technology just raised $218 million in BTC-denominated funding, adding to a broader wave of long-term capital moving into Bitcoin. With higher lows forming since April and major players like pension funds and SBI Holdings expanding crypto exposure, the setup for a breakout toward $123K is becoming harder to ignore. Satsuma’s Bold Bitcoin Bet London-based Satsuma Technology has made headlines with a $217.6 million convertible credit note, the first of its kind in the UK to be fully subscribed in Bitcoin. This funding round, backed by Pantera Capital, Kraken, Blockchain.com, and UK asset managers overseeing more than £300 billion, outperformed its target by 63%. JUST IN: Satsuma Technology raises $217.6M to expand Bitcoin treasury strategy. pic.twitter.com/t0bFAv80Qy — ChainDesk (@ChainDesk_) August 6, 2025 Despite the positive momentum, Satsuma’s stock slipped 14%, a move analysts attribute to profit-taking and short-term volatility. CEO Henry Elder confirmed the capital will support their plan to fuse decentralized AI infrastructure via Bittensor with a Bitcoin-native treasury strategy. Currently holding 1,126 BTC at an average entry of $115,149, Satsuma’s position is nearly break-even, reflecting firm conviction in Bitcoin’s long-term trajectory amid broader market turbulence. The raise aligns with a growing macro trend: $7.8 billion in crypto asset acquisitions were disclosed last week, with $2.7 billion flowing into Bitcoin alone. Bitcoin (BTC/USD) Technical Setup Points to Breakout Bitcoin is showing notable technical strength. Price action around $114,980 is consolidating just above two key supports: The 50-day Simple Moving Average (SMA) at $112,860 Long-term ascending trendline stretching back to April. This confluence zone, where resistance has flipped into support, is often a bullish continuation signal. Bitcoin Price Chart – Source: Tradingview RSI is about to cross above 50, which could be the start of the bullish momentum. The chart shows a broad ascending triangle with higher lows and accumulation below $123,206. A break above this level could unleash the buyers towards $131,337 and $138,680. If the trendline holds, it’s a stair-step rally. But if it breaks below $111,995 it could shift the sentiment and open the door for a drop to $105,225 or $99,500. Volume confirmation and a bullish engulfing candle above $115,000 would be the perfect entry for swing traders. BTC Trade Setup (Short-Term): Entry: Break above $115,000 Targets: $123,200 Stop-Loss: Below $113,800 If this triangle breakout confirms, bulls could regain control, especially if paired with renewed institutional inflows and ETF stability. Institutions Double Down on BTC In the U.S., the Michigan State Retirement System just tripled its Bitcoin ETF exposure, adding 200,000 shares of the ARK 21Shares BTC ETF to its portfolio, now valued at $11.4 million. This comes despite over $1.4 billion in outflows across U.S. ETFs last week, signaling long-term conviction. Michigan also holds $13.6 million in Grayscale’s Ethereum Trust, unchanged since 2024. Though crypto remains a small slice of its $19.3 billion portfolio, analysts say the Sharpe ratio for Bitcoin is increasingly attractive for pension strategies seeking asymmetric returns with manageable risk. Michigan State Pension Triples Bitcoin ETF Exposure, Latest Filing Shows ► https://t.co/kllKdIYnpZ https://t.co/kllKdIYnpZ — Decrypt (@DecryptMedia) August 6, 2025 Across the Pacific, Japan’s SBI Holdings is awaiting approval for the country’s first Bitcoin-XRP ETF. If greenlit, it would be listed on the Tokyo Stock Exchange — unlocking institutional access in a tightly regulated market. A second ETF, blending gold and crypto, is also in the pipeline. These developments could dramatically boost Asian inflows, especially if Japan’s Financial Services Agency reclassifies crypto under the FIEA statute — a shift that could redefine institutional access across the region. What’s Next for BTC? With BTC holding support near $115K and institutional narratives strengthening across the U.S., U.K., and Japan, the foundation is set for a bullish continuation. If the ascending triangle plays out, Bitcoin could break through $123K resistance and revisit $131K or $138K in the near term and possibly set the stage for a Q4 run toward $250K or higher. Bitcoin Hyper Presale Over $7.3M as Price Rise Nears Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $7.3 million in its public presale, with $7,310,393 out of a $7,502,850 target. The token is priced at $0.01255, with the next price tier expected to be announced soon. Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity. The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction. Click Here to Participate in the Presale The post Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K Breakout appeared first on Cryptonews.

Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K Breakout

Bitcoin is trading just above $114,000, defending its ascending trendline and 50-day SMA, a key confluence zone that traders often watch for bullish continuation. This technical retest comes as institutional momentum heats up: Satsuma Technology just raised $218 million in BTC-denominated funding, adding to a broader wave of long-term capital moving into Bitcoin.

With higher lows forming since April and major players like pension funds and SBI Holdings expanding crypto exposure, the setup for a breakout toward $123K is becoming harder to ignore.

Satsuma’s Bold Bitcoin Bet

London-based Satsuma Technology has made headlines with a $217.6 million convertible credit note, the first of its kind in the UK to be fully subscribed in Bitcoin.

This funding round, backed by Pantera Capital, Kraken, Blockchain.com, and UK asset managers overseeing more than £300 billion, outperformed its target by 63%.

JUST IN: Satsuma Technology raises $217.6M to expand Bitcoin treasury strategy. pic.twitter.com/t0bFAv80Qy

— ChainDesk (@ChainDesk_) August 6, 2025

Despite the positive momentum, Satsuma’s stock slipped 14%, a move analysts attribute to profit-taking and short-term volatility. CEO Henry Elder confirmed the capital will support their plan to fuse decentralized AI infrastructure via Bittensor with a Bitcoin-native treasury strategy.

Currently holding 1,126 BTC at an average entry of $115,149, Satsuma’s position is nearly break-even, reflecting firm conviction in Bitcoin’s long-term trajectory amid broader market turbulence. The raise aligns with a growing macro trend: $7.8 billion in crypto asset acquisitions were disclosed last week, with $2.7 billion flowing into Bitcoin alone.

Bitcoin (BTC/USD) Technical Setup Points to Breakout

Bitcoin is showing notable technical strength. Price action around $114,980 is consolidating just above two key supports:

The 50-day Simple Moving Average (SMA) at $112,860

Long-term ascending trendline stretching back to April.

This confluence zone, where resistance has flipped into support, is often a bullish continuation signal.

Bitcoin Price Chart – Source: Tradingview

RSI is about to cross above 50, which could be the start of the bullish momentum. The chart shows a broad ascending triangle with higher lows and accumulation below $123,206. A break above this level could unleash the buyers towards $131,337 and $138,680.

If the trendline holds, it’s a stair-step rally. But if it breaks below $111,995 it could shift the sentiment and open the door for a drop to $105,225 or $99,500. Volume confirmation and a bullish engulfing candle above $115,000 would be the perfect entry for swing traders.

BTC Trade Setup (Short-Term):

Entry: Break above $115,000

Targets: $123,200

Stop-Loss: Below $113,800

If this triangle breakout confirms, bulls could regain control, especially if paired with renewed institutional inflows and ETF stability.

Institutions Double Down on BTC

In the U.S., the Michigan State Retirement System just tripled its Bitcoin ETF exposure, adding 200,000 shares of the ARK 21Shares BTC ETF to its portfolio, now valued at $11.4 million. This comes despite over $1.4 billion in outflows across U.S. ETFs last week, signaling long-term conviction.

Michigan also holds $13.6 million in Grayscale’s Ethereum Trust, unchanged since 2024. Though crypto remains a small slice of its $19.3 billion portfolio, analysts say the Sharpe ratio for Bitcoin is increasingly attractive for pension strategies seeking asymmetric returns with manageable risk.

Michigan State Pension Triples Bitcoin ETF Exposure, Latest Filing Shows
► https://t.co/kllKdIYnpZ https://t.co/kllKdIYnpZ

— Decrypt (@DecryptMedia) August 6, 2025

Across the Pacific, Japan’s SBI Holdings is awaiting approval for the country’s first Bitcoin-XRP ETF. If greenlit, it would be listed on the Tokyo Stock Exchange — unlocking institutional access in a tightly regulated market. A second ETF, blending gold and crypto, is also in the pipeline.

These developments could dramatically boost Asian inflows, especially if Japan’s Financial Services Agency reclassifies crypto under the FIEA statute — a shift that could redefine institutional access across the region.

What’s Next for BTC?

With BTC holding support near $115K and institutional narratives strengthening across the U.S., U.K., and Japan, the foundation is set for a bullish continuation. If the ascending triangle plays out, Bitcoin could break through $123K resistance and revisit $131K or $138K in the near term and possibly set the stage for a Q4 run toward $250K or higher.

Bitcoin Hyper Presale Over $7.3M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $7.3 million in its public presale, with $7,310,393 out of a $7,502,850 target. The token is priced at $0.01255, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

Click Here to Participate in the Presale

The post Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K Breakout appeared first on Cryptonews.
Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K BreakoutBitcoin is trading just above $114,000, defending its ascending trendline and 50-day SMA, a key confluence zone that traders often watch for bullish continuation. This technical retest comes as institutional momentum heats up: Satsuma Technology just raised $218 million in BTC-denominated funding, adding to a broader wave of long-term capital moving into Bitcoin. With higher lows forming since April and major players like pension funds and SBI Holdings expanding crypto exposure, the setup for a breakout toward $123K is becoming harder to ignore. Satsuma’s Bold Bitcoin Bet London-based Satsuma Technology has made headlines with a $217.6 million convertible credit note, the first of its kind in the UK to be fully subscribed in Bitcoin. This funding round, backed by Pantera Capital, Kraken, Blockchain.com, and UK asset managers overseeing more than £300 billion, outperformed its target by 63%. JUST IN: Satsuma Technology raises $217.6M to expand Bitcoin treasury strategy. pic.twitter.com/t0bFAv80Qy — ChainDesk (@ChainDesk_) August 6, 2025 Despite the positive momentum, Satsuma’s stock slipped 14%, a move analysts attribute to profit-taking and short-term volatility. CEO Henry Elder confirmed the capital will support their plan to fuse decentralized AI infrastructure via Bittensor with a Bitcoin-native treasury strategy. Currently holding 1,126 BTC at an average entry of $115,149, Satsuma’s position is nearly break-even, reflecting firm conviction in Bitcoin’s long-term trajectory amid broader market turbulence. The raise aligns with a growing macro trend: $7.8 billion in crypto asset acquisitions were disclosed last week, with $2.7 billion flowing into Bitcoin alone. Bitcoin (BTC/USD) Technical Setup Points to Breakout Bitcoin is showing notable technical strength. Price action around $114,980 is consolidating just above two key supports: The 50-day Simple Moving Average (SMA) at $112,860 Long-term ascending trendline stretching back to April. This confluence zone, where resistance has flipped into support, is often a bullish continuation signal. Bitcoin Price Chart – Source: Tradingview RSI is about to cross above 50, which could be the start of the bullish momentum. The chart shows a broad ascending triangle with higher lows and accumulation below $123,206. A break above this level could unleash the buyers towards $131,337 and $138,680. If the trendline holds, it’s a stair-step rally. But if it breaks below $111,995 it could shift the sentiment and open the door for a drop to $105,225 or $99,500. Volume confirmation and a bullish engulfing candle above $115,000 would be the perfect entry for swing traders. BTC Trade Setup (Short-Term): Entry: Break above $115,000 Targets: $123,200 Stop-Loss: Below $113,800 If this triangle breakout confirms, bulls could regain control, especially if paired with renewed institutional inflows and ETF stability. Institutions Double Down on BTC In the U.S., the Michigan State Retirement System just tripled its Bitcoin ETF exposure, adding 200,000 shares of the ARK 21Shares BTC ETF to its portfolio, now valued at $11.4 million. This comes despite over $1.4 billion in outflows across U.S. ETFs last week, signaling long-term conviction. Michigan also holds $13.6 million in Grayscale’s Ethereum Trust, unchanged since 2024. Though crypto remains a small slice of its $19.3 billion portfolio, analysts say the Sharpe ratio for Bitcoin is increasingly attractive for pension strategies seeking asymmetric returns with manageable risk. Michigan State Pension Triples Bitcoin ETF Exposure, Latest Filing Shows ► https://t.co/kllKdIYnpZ https://t.co/kllKdIYnpZ — Decrypt (@DecryptMedia) August 6, 2025 Across the Pacific, Japan’s SBI Holdings is awaiting approval for the country’s first Bitcoin-XRP ETF. If greenlit, it would be listed on the Tokyo Stock Exchange — unlocking institutional access in a tightly regulated market. A second ETF, blending gold and crypto, is also in the pipeline. These developments could dramatically boost Asian inflows, especially if Japan’s Financial Services Agency reclassifies crypto under the FIEA statute — a shift that could redefine institutional access across the region. What’s Next for BTC? With BTC holding support near $115K and institutional narratives strengthening across the U.S., U.K., and Japan, the foundation is set for a bullish continuation. If the ascending triangle plays out, Bitcoin could break through $123K resistance and revisit $131K or $138K in the near term and possibly set the stage for a Q4 run toward $250K or higher. Bitcoin Hyper Presale Over $7.3M as Price Rise Nears Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $7.3 million in its public presale, with $7,310,393 out of a $7,502,850 target. The token is priced at $0.01255, with the next price tier expected to be announced soon. Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity. The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction. Click Here to Participate in the Presale The post Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K Breakout appeared first on Cryptonews.

Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K Breakout

Bitcoin is trading just above $114,000, defending its ascending trendline and 50-day SMA, a key confluence zone that traders often watch for bullish continuation. This technical retest comes as institutional momentum heats up: Satsuma Technology just raised $218 million in BTC-denominated funding, adding to a broader wave of long-term capital moving into Bitcoin.

With higher lows forming since April and major players like pension funds and SBI Holdings expanding crypto exposure, the setup for a breakout toward $123K is becoming harder to ignore.

Satsuma’s Bold Bitcoin Bet

London-based Satsuma Technology has made headlines with a $217.6 million convertible credit note, the first of its kind in the UK to be fully subscribed in Bitcoin.

This funding round, backed by Pantera Capital, Kraken, Blockchain.com, and UK asset managers overseeing more than £300 billion, outperformed its target by 63%.

JUST IN: Satsuma Technology raises $217.6M to expand Bitcoin treasury strategy. pic.twitter.com/t0bFAv80Qy

— ChainDesk (@ChainDesk_) August 6, 2025

Despite the positive momentum, Satsuma’s stock slipped 14%, a move analysts attribute to profit-taking and short-term volatility. CEO Henry Elder confirmed the capital will support their plan to fuse decentralized AI infrastructure via Bittensor with a Bitcoin-native treasury strategy.

Currently holding 1,126 BTC at an average entry of $115,149, Satsuma’s position is nearly break-even, reflecting firm conviction in Bitcoin’s long-term trajectory amid broader market turbulence. The raise aligns with a growing macro trend: $7.8 billion in crypto asset acquisitions were disclosed last week, with $2.7 billion flowing into Bitcoin alone.

Bitcoin (BTC/USD) Technical Setup Points to Breakout

Bitcoin is showing notable technical strength. Price action around $114,980 is consolidating just above two key supports:

The 50-day Simple Moving Average (SMA) at $112,860

Long-term ascending trendline stretching back to April.

This confluence zone, where resistance has flipped into support, is often a bullish continuation signal.

Bitcoin Price Chart – Source: Tradingview

RSI is about to cross above 50, which could be the start of the bullish momentum. The chart shows a broad ascending triangle with higher lows and accumulation below $123,206. A break above this level could unleash the buyers towards $131,337 and $138,680.

If the trendline holds, it’s a stair-step rally. But if it breaks below $111,995 it could shift the sentiment and open the door for a drop to $105,225 or $99,500. Volume confirmation and a bullish engulfing candle above $115,000 would be the perfect entry for swing traders.

BTC Trade Setup (Short-Term):

Entry: Break above $115,000

Targets: $123,200

Stop-Loss: Below $113,800

If this triangle breakout confirms, bulls could regain control, especially if paired with renewed institutional inflows and ETF stability.

Institutions Double Down on BTC

In the U.S., the Michigan State Retirement System just tripled its Bitcoin ETF exposure, adding 200,000 shares of the ARK 21Shares BTC ETF to its portfolio, now valued at $11.4 million. This comes despite over $1.4 billion in outflows across U.S. ETFs last week, signaling long-term conviction.

Michigan also holds $13.6 million in Grayscale’s Ethereum Trust, unchanged since 2024. Though crypto remains a small slice of its $19.3 billion portfolio, analysts say the Sharpe ratio for Bitcoin is increasingly attractive for pension strategies seeking asymmetric returns with manageable risk.

Michigan State Pension Triples Bitcoin ETF Exposure, Latest Filing Shows
► https://t.co/kllKdIYnpZ https://t.co/kllKdIYnpZ

— Decrypt (@DecryptMedia) August 6, 2025

Across the Pacific, Japan’s SBI Holdings is awaiting approval for the country’s first Bitcoin-XRP ETF. If greenlit, it would be listed on the Tokyo Stock Exchange — unlocking institutional access in a tightly regulated market. A second ETF, blending gold and crypto, is also in the pipeline.

These developments could dramatically boost Asian inflows, especially if Japan’s Financial Services Agency reclassifies crypto under the FIEA statute — a shift that could redefine institutional access across the region.

What’s Next for BTC?

With BTC holding support near $115K and institutional narratives strengthening across the U.S., U.K., and Japan, the foundation is set for a bullish continuation. If the ascending triangle plays out, Bitcoin could break through $123K resistance and revisit $131K or $138K in the near term and possibly set the stage for a Q4 run toward $250K or higher.

Bitcoin Hyper Presale Over $7.3M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $7.3 million in its public presale, with $7,310,393 out of a $7,502,850 target. The token is priced at $0.01255, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

Click Here to Participate in the Presale

The post Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K Breakout appeared first on Cryptonews.
Crypto Price Prediction Today 6 August – XRP, Dogecoin, PepeLast month, the biggest crypto Bitcoin (BTC) hit a fresh all-time high (ATH) price of $122,838, reigniting enthusiasm among market participants. Many industry watchers believe Bitcoin may be on the verge of another upward breakout, as it continues to challenge its recent record. This bullish momentum has also spilled over into the altcoins and the best meme coins. Over the past year, prominent cryptocurrencies like XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have all marked new record highs. Meanwhile, regulatory developments are gathering pace. Late last week, the U.S. Securities and Exchange Commission (SEC) unveiled “Project Crypto,” an initiative designed to modernize existing securities laws. The goal is to provide long-sought regulatory clarity to the crypto space, something the industry has demanded for years. With optimism brewing around a potential extended bull cycle, investors are increasingly eyeing digital crypto assets that may soon break past their former price peaks. Ripple (XRP): Cross-Border Crypto to Hit New Price Milestones in 2025 Ripple’s $XRP surged to a fresh record on July 18, reaching $3.65 and eclipsing its 2018 high of $3.40. Though it has since retraced to about $2.94, a decline of 19.4% from its peak, the coin has gained 29% in the past 30 days, making it one of the top-performing crypto assets in recent days, ahead of Bitcoin and Solana. XRP has established itself as a go-to solution for institutional remittances due to its lightning-fast transfers, minimal costs, and ability to move funds globally without intermediaries. Recognition from entities like the United Nations has further cemented its credibility. A defining moment came in 2023, when a U.S. court ruled that retail XRP transactions did not constitute securities offerings, eliminating a major regulatory overhang and reigniting investor confidence into 2025. Over the past year, XRP has appreciated by more than 485%, greatly outpacing Bitcoin’s 107.5% gain over the same period. Technically, indicators are looking favorable. The coin’s RSI is currently at 49 and downtrending, reflecting a selloff that is gathering momentum. In July, XRP broke sharply away from its 30-day moving average due to strong bullish activity. Now that price and average have realigned, the downside risk appears limited, with firm support just beneath the old resistance at $3. A bullish flag pattern formed between late 2024 and April 2025 could now be pointing toward a potential push toward the $4 mark in the near future. Dogecoin ($DOGE): Will the Original Meme Coin Finally Reach $1? Initially launched in 2013 as a playful satire of crypto culture, Dogecoin ($DOGE) has grown into a leading meme token, boasting a market capitalization above $30 billion and a devoted international fanbase comprising CEOs and celebrities. DOGE saw explosive growth in 2021 after celebrity endorsements from the likes of Elon Musk, Snoop Dogg, and Gene Simmons catapulted it into mainstream awareness. In May of this year, institutional investors returned to the project, reigniting its upward trajectory and helping DOGE reach the $0.25 zone. As of now, it’s trading at roughly $0.2001, up 17% over the past two weeks. It has outperformed Bitcoin, Solana, and Shiba Inu in that period, once again proving its overall robustness. Although technical signs remain supportive, DOGE’s RSI has cooled from a recent high of 85 to 62 today, implying traders have been cashing out sizable profits. This healthy selling pressure is stabilizing the price after an 9% dip from last Wednesday. This means when the market rebounds, Dogecoin’s price will likely rise to converge with its 30-day moving average, setting the stage for a slow and steady ascent toward $0.50 by the end of the summer. DOGE’s use cases are also expanding. Tesla now accepts it for merchandise purchases, and platforms like PayPal and Revolut are adding new integrations, broadening its real-world utility. Pepe ($PEPE): Crypto and Internet Icon Prepares for Major Price Gains Launched in April 2023, Pepe ($PEPE) quickly became one of the most successful meme coins to date, climbing into the top three by market cap. Its popularity stems from the internet-famous frog character created by artist Matt Furie. The project’s rapid growth sparked a wave of copycats, but none have been able to replicate its explosive rise. Now with a market cap above $4.3 billion, and even a brief feature as Elon Musk’s profile picture on X, PEPE has secured its place in the meme coin hall of fame. Currently trading near $0.00001026, it has climbed 34% over the past year, although it remains 63% below its all-time high of $0.00002803 set in late 2024. A falling wedge chart pattern may be indicating an upcoming breakout. The asset’s RSI has dipped to 38, suggesting that downward pressure could be nearing exhaustion. As it approaches the oversold threshold at 30, some investors are preparing for a bounce back that could arrive by this weekend, so its current level makes a good relative entry point. The overall meme coin market cap has dipped by 4.7% overnight to $69.9 billion. Although Pepe itself has dipped 3% in the past 24 hours, its performance can turn quickly if investor sentiment starts welcoming risk. Backed by strong macroeconomic tailwinds and renewed momentum in crypto markets, PEPE enthusiasts are watching closely for a potential price surge as summer progresses. Snorter ($SNORT): Breakout Meme Coin Combines Humor With Trading Utility For investors looking to get in early on the next major meme coin trend, Snorter ($SNORT) stands out with a unique mix of entertainment and utility. Built on the Solana blockchain, the token integrates a Telegram-based trading bot that delivers real-time market data right inside chat. Snorter seeks to rival established tools like Maestro and BonkBot, offering features like MEV-protected trades, rug pull detection, copy trading, and sniper order execution. Its ultra-low trading fees (just 0.85%) enhance its appeal to active traders. So far, the presale has generated over $2.8 million in contributions. Early buyers can earn up to 155% APY through staking, with the current token price below $0.1005. Prices are set to rise incrementally with each presale round. Whether you’re a crypto veteran or simply curious about meme coins with actual use cases, Snorter provides an innovative entry point into the evolving digital asset space. Keep up with Snorter on X or Instagram. Click Here to Participate in the Presale The post Crypto Price Prediction Today 6 August – XRP, Dogecoin, Pepe appeared first on Cryptonews.

Crypto Price Prediction Today 6 August – XRP, Dogecoin, Pepe

Last month, the biggest crypto Bitcoin (BTC) hit a fresh all-time high (ATH) price of $122,838, reigniting enthusiasm among market participants. Many industry watchers believe Bitcoin may be on the verge of another upward breakout, as it continues to challenge its recent record.

This bullish momentum has also spilled over into the altcoins and the best meme coins. Over the past year, prominent cryptocurrencies like XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have all marked new record highs.

Meanwhile, regulatory developments are gathering pace. Late last week, the U.S. Securities and Exchange Commission (SEC) unveiled “Project Crypto,” an initiative designed to modernize existing securities laws. The goal is to provide long-sought regulatory clarity to the crypto space, something the industry has demanded for years.

With optimism brewing around a potential extended bull cycle, investors are increasingly eyeing digital crypto assets that may soon break past their former price peaks.

Ripple (XRP): Cross-Border Crypto to Hit New Price Milestones in 2025

Ripple’s $XRP surged to a fresh record on July 18, reaching $3.65 and eclipsing its 2018 high of $3.40. Though it has since retraced to about $2.94, a decline of 19.4% from its peak, the coin has gained 29% in the past 30 days, making it one of the top-performing crypto assets in recent days, ahead of Bitcoin and Solana.

XRP has established itself as a go-to solution for institutional remittances due to its lightning-fast transfers, minimal costs, and ability to move funds globally without intermediaries. Recognition from entities like the United Nations has further cemented its credibility.

A defining moment came in 2023, when a U.S. court ruled that retail XRP transactions did not constitute securities offerings, eliminating a major regulatory overhang and reigniting investor confidence into 2025.

Over the past year, XRP has appreciated by more than 485%, greatly outpacing Bitcoin’s 107.5% gain over the same period.

Technically, indicators are looking favorable. The coin’s RSI is currently at 49 and downtrending, reflecting a selloff that is gathering momentum.

In July, XRP broke sharply away from its 30-day moving average due to strong bullish activity. Now that price and average have realigned, the downside risk appears limited, with firm support just beneath the old resistance at $3.

A bullish flag pattern formed between late 2024 and April 2025 could now be pointing toward a potential push toward the $4 mark in the near future.

Dogecoin ($DOGE): Will the Original Meme Coin Finally Reach $1?

Initially launched in 2013 as a playful satire of crypto culture, Dogecoin ($DOGE) has grown into a leading meme token, boasting a market capitalization above $30 billion and a devoted international fanbase comprising CEOs and celebrities.

DOGE saw explosive growth in 2021 after celebrity endorsements from the likes of Elon Musk, Snoop Dogg, and Gene Simmons catapulted it into mainstream awareness.

In May of this year, institutional investors returned to the project, reigniting its upward trajectory and helping DOGE reach the $0.25 zone. As of now, it’s trading at roughly $0.2001, up 17% over the past two weeks. It has outperformed Bitcoin, Solana, and Shiba Inu in that period, once again proving its overall robustness.

Although technical signs remain supportive, DOGE’s RSI has cooled from a recent high of 85 to 62 today, implying traders have been cashing out sizable profits.

This healthy selling pressure is stabilizing the price after an 9% dip from last Wednesday. This means when the market rebounds, Dogecoin’s price will likely rise to converge with its 30-day moving average, setting the stage for a slow and steady ascent toward $0.50 by the end of the summer.

DOGE’s use cases are also expanding. Tesla now accepts it for merchandise purchases, and platforms like PayPal and Revolut are adding new integrations, broadening its real-world utility.

Pepe ($PEPE): Crypto and Internet Icon Prepares for Major Price Gains

Launched in April 2023, Pepe ($PEPE) quickly became one of the most successful meme coins to date, climbing into the top three by market cap. Its popularity stems from the internet-famous frog character created by artist Matt Furie.

The project’s rapid growth sparked a wave of copycats, but none have been able to replicate its explosive rise. Now with a market cap above $4.3 billion, and even a brief feature as Elon Musk’s profile picture on X, PEPE has secured its place in the meme coin hall of fame.

Currently trading near $0.00001026, it has climbed 34% over the past year, although it remains 63% below its all-time high of $0.00002803 set in late 2024. A falling wedge chart pattern may be indicating an upcoming breakout.

The asset’s RSI has dipped to 38, suggesting that downward pressure could be nearing exhaustion. As it approaches the oversold threshold at 30, some investors are preparing for a bounce back that could arrive by this weekend, so its current level makes a good relative entry point.

The overall meme coin market cap has dipped by 4.7% overnight to $69.9 billion. Although Pepe itself has dipped 3% in the past 24 hours, its performance can turn quickly if investor sentiment starts welcoming risk.

Backed by strong macroeconomic tailwinds and renewed momentum in crypto markets, PEPE enthusiasts are watching closely for a potential price surge as summer progresses.

Snorter ($SNORT): Breakout Meme Coin Combines Humor With Trading Utility

For investors looking to get in early on the next major meme coin trend, Snorter ($SNORT) stands out with a unique mix of entertainment and utility. Built on the Solana blockchain, the token integrates a Telegram-based trading bot that delivers real-time market data right inside chat.

Snorter seeks to rival established tools like Maestro and BonkBot, offering features like MEV-protected trades, rug pull detection, copy trading, and sniper order execution. Its ultra-low trading fees (just 0.85%) enhance its appeal to active traders.

So far, the presale has generated over $2.8 million in contributions. Early buyers can earn up to 155% APY through staking, with the current token price below $0.1005. Prices are set to rise incrementally with each presale round.

Whether you’re a crypto veteran or simply curious about meme coins with actual use cases, Snorter provides an innovative entry point into the evolving digital asset space.

Keep up with Snorter on X or Instagram.

Click Here to Participate in the Presale

The post Crypto Price Prediction Today 6 August – XRP, Dogecoin, Pepe appeared first on Cryptonews.
Leading AI Claude Predicts the Price of XRP, Pi Coin and Solana by the End of 2025Anthropic’s Claude AI is projecting robust growth for several leading altcoins as Bitcoin continues its climb and potentially triggers the next phase of a broader crypto bull run. Last month, Bitcoin set a new historical benchmark, surging to $122,838. This milestone has led many analysts to speculate that Bitcoin’s momentum could serve as a launchpad for global crypto adoption. In a vital announcement last week, the Securities and Exchange Commission (SEC) unveiled “Project Crypto”, an initiative to modernize securities laws. SEC Chairman Paul S. Atkins called it the agency’s “guiding light” in supporting President Trump’s goal to make the U.S. the world’s foremost crypto hub. So, there is rekindled optimism across the digital asset market in spite of stagnant prices, with increasing belief that the upcoming bullish wave may exceed the peaks seen in 2021. As a result, several altcoins are now in the spotlight for their potential to outperform before the year’s end. Here are the digital assets Claude AI believes could deliver standout returns by the 2025 holiday period: XRP (Ripple): Claude AI Projects an 87% Price Increase by Q4 2025 Claude AI estimates that XRP (XRP) could soar to around $5.50 by the end of 2025, a potential 87% rise from its current trading value near $2.94. This bullish outlook follows an impressive performance in recent weeks. On July 18, XRP notched a new all-time high of $3.65, surpassing its long-standing 2018 record of $3.40. Although prices have since dipped by roughly 19%, XRP has jumped 29% in the past month alone, outpacing Bitcoin and the altcoins listed here. Much of this optimism is fueled by increasing regulatory clarity, growing adoption, and speculation that a spot XRP ETF could be on the horizon, potentially drawing major institutional capital from traditional investors, who may have previously been put off by crypto’s lack of regulatory guardrails. Engineered for swift, low-cost international payments, XRP received a credibility boost in 2024 after the UN Capital Development Fund endorsed it as a viable tool for cross-border remittances. Ripple, the company behind XRP, also scored a pivotal legal win in 2023 when a U.S. court ruled that XRP’s retail sales did not amount to securities transactions. This long-standing legal saga officially concluded in March 2025 when the SEC dropped its lawsuit, removing a major cloud from the asset’s future. A return to its ATH could pave the way toward Claude AI’s price range of $5+, and potentially far beyond if geopolitical instability clears and regulators help cultivate an appetite for risk. XRP’s RSI has cooled from an overheated 86 last week to 49, a sign that the asset may be consolidating gains before attempting its next upward move. Over the last 12 months, XRP has surged by 486%, significantly outperforming Bitcoin’s 108% return during the same timeframe. Pi Network ($PI): Claude AI Predicts Up to 1,500x Gains by Year-End Pi Network is disrupting traditional crypto mining with a unique “tap-to-mine” system, allowing users to mine PI from their smartphones without needing costly equipment or technical knowledge. Currently hovering around $0.3381, Claude AI envisions the possibility of PI skyrocketing to $520 before the year ends—representing a potential 1,500% gain. This novel mining model, which lets users earn crypto with a single daily tap, has gained massive traction, especially among first-time crypto participants. Launched in February 2025, PI has shown wild price swings. For example, in early May, the coin leapt from $0.58 to $1.57 in just four days, a 171% rally driven by renewed institutional enthusiasm. Presently, PI’s RSI is sitting at 23 and trending further downward as an already heavy selloff intensifies. While this suggests near-term weakness, it makes this a great time for investors who believe in Pi’s fundamentals to double down. If PI benefits from a broader anticipated recovery across crypto markets, it could break past the $3 resistance later this summer, possibly hitting new highs above its $2.99 peak in February. With a scalable Layer-1 blockchain and an easy-to-use interface, Pi Network is well-positioned for mainstream adoption. Even without a full-scale market surge, PI could realistically reach $5 by the end of the year. However, even achieving Claude’s more modest $100–$200 forecast will depend heavily on global user growth and favorable U.S. regulatory decisions. Solana ($SOL): Claude AI Predicts a Run to $1,000 Potential Fueled by ETF Speculation Solana ($SOL) has firmly established itself as a major player in the smart contract space, rivaling Ethereum in terms of developer activity and decentralized applications. Its market cap now sits above $88.2 billion, thanks to sustained interest from institutions and developers alike. Recent price action is being driven by speculation around the possible launch of a U.S.-based Solana spot ETF, mirroring the institutional demand created by Bitcoin and Ethereum ETFs. There are even rumors that Solana could be added to a proposed U.S. national crypto reserve, underscoring its rising significance in the digital economy. Technically, SOL has broken out of a prolonged downtrend. After reaching highs of over $250 in January and slumping to near $100 by April, the token has rebounded to $164. Analysts point to a descending wedge pattern, often a precursor to explosive upward movement. Claude AI forecasts that SOL could reach $1,000 by the end of 2025, more than tripling its previous ATH of $293.31 and delivering 6x gains if the rally holds. If current upward momentum persists through summer, SOL might breach the $320 mark by autumn. In more favorable conditions, its price could even exceed Claude’s optimistic $500–$1,000 range. U.S. regulatory developments will likely be pivotal in shaping Solana’s medium-term path, especially as the platform gains visibility in institutional circles. TOKEN6900: Meme Coin Favorite Could Deliver 1000x From Presale Levels While large-cap coins dominate Claude AI’s predictions, smaller meme tokens continue to capture retail investor attention, often with eye-watering return potential. One such contender is TOKEN6900 (T6900), an Ethereum-based meme token that launched its presale just two weeks ago and has already raised over $1.65 million, showing strong early demand. Hey Siri, define aura pic.twitter.com/NVYT1pZmed — Token6900 (@Token_6900) July 8, 2025 The project embraces meme culture with a satirical twist. Its creators describe it as a coin “founded on delusion, irony, and the shared hallucinations of extremely online investors”, eschewing traditional fundamentals in favor of viral momentum. T6900 borrows inspiration from the earlier SPX6900 token, which spoofed bloated market valuations during speculative booms. In a nod to its comedic roots, the total token supply is 930,993,091, exactly one token more than SPX6900’s total, underscoring its tongue-in-cheek ethos. While T6900 doesn’t offer a conventional utility model, it does provide staking functionality, allowing holders to earn passive rewards while riding waves of meme-fueled enthusiasm. Presale pricing currently sits at $0.00685 on the official site, with the next increase scheduled in under 24 hours, creating a limited window for early adopters to get in at a discount. Keep up to date with the project by following its official X and Instagram accounts. Click Here to Participate in the Presale The post Leading AI Claude Predicts the Price of XRP, Pi Coin and Solana by the End of 2025 appeared first on Cryptonews.

Leading AI Claude Predicts the Price of XRP, Pi Coin and Solana by the End of 2025

Anthropic’s Claude AI is projecting robust growth for several leading altcoins as Bitcoin continues its climb and potentially triggers the next phase of a broader crypto bull run.

Last month, Bitcoin set a new historical benchmark, surging to $122,838. This milestone has led many analysts to speculate that Bitcoin’s momentum could serve as a launchpad for global crypto adoption.

In a vital announcement last week, the Securities and Exchange Commission (SEC) unveiled “Project Crypto”, an initiative to modernize securities laws. SEC Chairman Paul S. Atkins called it the agency’s “guiding light” in supporting President Trump’s goal to make the U.S. the world’s foremost crypto hub.

So, there is rekindled optimism across the digital asset market in spite of stagnant prices, with increasing belief that the upcoming bullish wave may exceed the peaks seen in 2021. As a result, several altcoins are now in the spotlight for their potential to outperform before the year’s end.

Here are the digital assets Claude AI believes could deliver standout returns by the 2025 holiday period:

XRP (Ripple): Claude AI Projects an 87% Price Increase by Q4 2025

Claude AI estimates that XRP (XRP) could soar to around $5.50 by the end of 2025, a potential 87% rise from its current trading value near $2.94.

This bullish outlook follows an impressive performance in recent weeks. On July 18, XRP notched a new all-time high of $3.65, surpassing its long-standing 2018 record of $3.40. Although prices have since dipped by roughly 19%, XRP has jumped 29% in the past month alone, outpacing Bitcoin and the altcoins listed here.

Much of this optimism is fueled by increasing regulatory clarity, growing adoption, and speculation that a spot XRP ETF could be on the horizon, potentially drawing major institutional capital from traditional investors, who may have previously been put off by crypto’s lack of regulatory guardrails.

Engineered for swift, low-cost international payments, XRP received a credibility boost in 2024 after the UN Capital Development Fund endorsed it as a viable tool for cross-border remittances.

Ripple, the company behind XRP, also scored a pivotal legal win in 2023 when a U.S. court ruled that XRP’s retail sales did not amount to securities transactions. This long-standing legal saga officially concluded in March 2025 when the SEC dropped its lawsuit, removing a major cloud from the asset’s future.

A return to its ATH could pave the way toward Claude AI’s price range of $5+, and potentially far beyond if geopolitical instability clears and regulators help cultivate an appetite for risk.

XRP’s RSI has cooled from an overheated 86 last week to 49, a sign that the asset may be consolidating gains before attempting its next upward move.

Over the last 12 months, XRP has surged by 486%, significantly outperforming Bitcoin’s 108% return during the same timeframe.

Pi Network ($PI): Claude AI Predicts Up to 1,500x Gains by Year-End

Pi Network is disrupting traditional crypto mining with a unique “tap-to-mine” system, allowing users to mine PI from their smartphones without needing costly equipment or technical knowledge.

Currently hovering around $0.3381, Claude AI envisions the possibility of PI skyrocketing to $520 before the year ends—representing a potential 1,500% gain.

This novel mining model, which lets users earn crypto with a single daily tap, has gained massive traction, especially among first-time crypto participants.

Launched in February 2025, PI has shown wild price swings. For example, in early May, the coin leapt from $0.58 to $1.57 in just four days, a 171% rally driven by renewed institutional enthusiasm.

Presently, PI’s RSI is sitting at 23 and trending further downward as an already heavy selloff intensifies. While this suggests near-term weakness, it makes this a great time for investors who believe in Pi’s fundamentals to double down.

If PI benefits from a broader anticipated recovery across crypto markets, it could break past the $3 resistance later this summer, possibly hitting new highs above its $2.99 peak in February.

With a scalable Layer-1 blockchain and an easy-to-use interface, Pi Network is well-positioned for mainstream adoption. Even without a full-scale market surge, PI could realistically reach $5 by the end of the year. However, even achieving Claude’s more modest $100–$200 forecast will depend heavily on global user growth and favorable U.S. regulatory decisions.

Solana ($SOL): Claude AI Predicts a Run to $1,000 Potential Fueled by ETF Speculation

Solana ($SOL) has firmly established itself as a major player in the smart contract space, rivaling Ethereum in terms of developer activity and decentralized applications. Its market cap now sits above $88.2 billion, thanks to sustained interest from institutions and developers alike.

Recent price action is being driven by speculation around the possible launch of a U.S.-based Solana spot ETF, mirroring the institutional demand created by Bitcoin and Ethereum ETFs.

There are even rumors that Solana could be added to a proposed U.S. national crypto reserve, underscoring its rising significance in the digital economy.

Technically, SOL has broken out of a prolonged downtrend. After reaching highs of over $250 in January and slumping to near $100 by April, the token has rebounded to $164. Analysts point to a descending wedge pattern, often a precursor to explosive upward movement.

Claude AI forecasts that SOL could reach $1,000 by the end of 2025, more than tripling its previous ATH of $293.31 and delivering 6x gains if the rally holds.

If current upward momentum persists through summer, SOL might breach the $320 mark by autumn. In more favorable conditions, its price could even exceed Claude’s optimistic $500–$1,000 range.

U.S. regulatory developments will likely be pivotal in shaping Solana’s medium-term path, especially as the platform gains visibility in institutional circles.

TOKEN6900: Meme Coin Favorite Could Deliver 1000x From Presale Levels

While large-cap coins dominate Claude AI’s predictions, smaller meme tokens continue to capture retail investor attention, often with eye-watering return potential.

One such contender is TOKEN6900 (T6900), an Ethereum-based meme token that launched its presale just two weeks ago and has already raised over $1.65 million, showing strong early demand.

Hey Siri, define aura pic.twitter.com/NVYT1pZmed

— Token6900 (@Token_6900) July 8, 2025

The project embraces meme culture with a satirical twist. Its creators describe it as a coin “founded on delusion, irony, and the shared hallucinations of extremely online investors”, eschewing traditional fundamentals in favor of viral momentum.

T6900 borrows inspiration from the earlier SPX6900 token, which spoofed bloated market valuations during speculative booms.

In a nod to its comedic roots, the total token supply is 930,993,091, exactly one token more than SPX6900’s total, underscoring its tongue-in-cheek ethos.

While T6900 doesn’t offer a conventional utility model, it does provide staking functionality, allowing holders to earn passive rewards while riding waves of meme-fueled enthusiasm.

Presale pricing currently sits at $0.00685 on the official site, with the next increase scheduled in under 24 hours, creating a limited window for early adopters to get in at a discount.

Keep up to date with the project by following its official X and Instagram accounts.

Click Here to Participate in the Presale

The post Leading AI Claude Predicts the Price of XRP, Pi Coin and Solana by the End of 2025 appeared first on Cryptonews.
Pi Coin Price Prediction: Weak Rebound, No Volume – Is Pi Coin Going to Zero?Pi (PI) has experienced one of the most dramatic drops among cryptos valued at over $1 billion as its year-to-date losses climbed to 80% recently. Combined with a strong decline in trading volumes, this favors a bearish Pi Coin price prediction. PI is, by far, the worst-performing asset of the top 40 cryptos in the past 30 days with a 26% loss, while other tokens with similar market caps like Mantle (MNT) and Ondo (ONDO) have delivered gains of 53% and 16% respectively. Data from CoinMarketCap shows that trading volumes for Pi have declined severely, moving from a recent peak of $140 million on August 2 to just $43 million yesterday. This 70% drop in trading activity occurred as Pi made a new all-time low of $0.335. Pi’s negative momentum has accelerated lately at a point when most cryptos are rallying. This antagonist performance is the result of disappointing ecosystem growth initiatives that have led to a disgruntled community. Delays in token migrations to the public mainnet and failing to secure top CEX listings by the Pi Core Team have undermined the project’s credibility and favor a bearish Pi Coin prediction. Pi Coin Price Prediction: PI Seems Poised to Retest Its All-Time Low as Willing Buyers are AWOL The 4-hour chart shows that PI broke below a key trend line support on August 1 with some strong volumes. During that specific 4-hour period, the price made an all-time low of $0.3220. Although it rapidly bounced off that level, it has been progressively moving toward that area again and could soon retest it. In the absence of good news, little seems to stand in the way of PI to hit that all-time low again. The Relative Strength Index (RSI) has flat-lined just above the 30 threshold, meaning that negative momentum is at a high point. Even if the price bounces off $0.3220, low trading volumes indicate little to no interest from buyers to buy the token at these levels. Hence, the price may need to move even lower to find willing buyers. Only an unexpected listing at a big CEX could save PI from collapsing to $0.10 or even lower at this point. PI failed to capitalize on the latest wave of positive momentum that cryptos have experienced, but top crypto presales like Bitcoin Hyper (HYPER) have done the opposite. In just a month or so, this project has raised more than $7 million to launch its ambitious Bitcoin L2 chain. Bitcoin Hyper (HYPER) Could Kickstart a New Era for BTC’s DeFi Ecosystem Bitcoin Hyper (HYPER) is a Solana-based layer-2 chain that will allow BTC holders to earn passive income on their assets by bridging the two networks. The Hyper Bridge will act as the gateway to a growing DeFi ecosystem powered by the Bitcoin Hyper L2. A canonical Bitcoin address will be designated to receive BTC tokens so users don’t have to transfer their assets out of this network. Once the origin transaction is confirmed, the corresponding amount of tokens will be minted on the Hyper L2 with near-instant finality. As top wallets and exchanges embrace this protocol, the demand for its utility token, $HYPER, will skyrocket. To buy $HYPER at its discounted presale price and reap the highest returns, head to the Bitcoin Hyper website and connect your wallet (e.g. Best Wallet). You can either swap USDT, SOL, or ETH for this token or use a bank card to invest. Click Here to Participate in the Presale The post Pi Coin Price Prediction: Weak Rebound, No Volume – Is Pi Coin Going to Zero? appeared first on Cryptonews.

Pi Coin Price Prediction: Weak Rebound, No Volume – Is Pi Coin Going to Zero?

Pi (PI) has experienced one of the most dramatic drops among cryptos valued at over $1 billion as its year-to-date losses climbed to 80% recently. Combined with a strong decline in trading volumes, this favors a bearish Pi Coin price prediction.

PI is, by far, the worst-performing asset of the top 40 cryptos in the past 30 days with a 26% loss, while other tokens with similar market caps like Mantle (MNT) and Ondo (ONDO) have delivered gains of 53% and 16% respectively.

Data from CoinMarketCap shows that trading volumes for Pi have declined severely, moving from a recent peak of $140 million on August 2 to just $43 million yesterday. This 70% drop in trading activity occurred as Pi made a new all-time low of $0.335.

Pi’s negative momentum has accelerated lately at a point when most cryptos are rallying. This antagonist performance is the result of disappointing ecosystem growth initiatives that have led to a disgruntled community.

Delays in token migrations to the public mainnet and failing to secure top CEX listings by the Pi Core Team have undermined the project’s credibility and favor a bearish Pi Coin prediction.

Pi Coin Price Prediction: PI Seems Poised to Retest Its All-Time Low as Willing Buyers are AWOL

The 4-hour chart shows that PI broke below a key trend line support on August 1 with some strong volumes.

During that specific 4-hour period, the price made an all-time low of $0.3220. Although it rapidly bounced off that level, it has been progressively moving toward that area again and could soon retest it.

In the absence of good news, little seems to stand in the way of PI to hit that all-time low again. The Relative Strength Index (RSI) has flat-lined just above the 30 threshold, meaning that negative momentum is at a high point.

Even if the price bounces off $0.3220, low trading volumes indicate little to no interest from buyers to buy the token at these levels. Hence, the price may need to move even lower to find willing buyers.

Only an unexpected listing at a big CEX could save PI from collapsing to $0.10 or even lower at this point.

PI failed to capitalize on the latest wave of positive momentum that cryptos have experienced, but top crypto presales like Bitcoin Hyper (HYPER) have done the opposite. In just a month or so, this project has raised more than $7 million to launch its ambitious Bitcoin L2 chain.

Bitcoin Hyper (HYPER) Could Kickstart a New Era for BTC’s DeFi Ecosystem

Bitcoin Hyper (HYPER) is a Solana-based layer-2 chain that will allow BTC holders to earn passive income on their assets by bridging the two networks.

The Hyper Bridge will act as the gateway to a growing DeFi ecosystem powered by the Bitcoin Hyper L2. A canonical Bitcoin address will be designated to receive BTC tokens so users don’t have to transfer their assets out of this network.

Once the origin transaction is confirmed, the corresponding amount of tokens will be minted on the Hyper L2 with near-instant finality.

As top wallets and exchanges embrace this protocol, the demand for its utility token, $HYPER, will skyrocket.

To buy $HYPER at its discounted presale price and reap the highest returns, head to the Bitcoin Hyper website and connect your wallet (e.g. Best Wallet). You can either swap USDT, SOL, or ETH for this token or use a bank card to invest.

Click Here to Participate in the Presale

The post Pi Coin Price Prediction: Weak Rebound, No Volume – Is Pi Coin Going to Zero? appeared first on Cryptonews.
SEC Commissioner Caroline Crenshaw Pushes Back On Liquid Staking StatementUnited States Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw is pushing back on the Division of Corporation Finance’s recent liquid staking statement in an August 5 statement of her own. Some Things Are Better Left Unsaid, Caroline Crenshaw Says According to Crenshaw’s Tuesday statement, the federal regulator slammed the division’s statement, alleging that certain liquid staking activities do not constitute securities, claiming that “some things are better left unsaid.” “The Liquid Staking Statement stacks factual assumption on top of factual assumption on top of factual assumption, resulting in a wobbly wall of facts without an anchor in industry reality,” Crenshaw said. “Given its unsupported factual assumptions and circumscribed legal analysis, the Liquid Staking Statement should provide little comfort to entities engaged in liquid staking—especially since, as the statement rightly notes, it only ‘represents the views of the staff of the Division of Corporation Finance,’ not the views of this or any future Commission,” she added. SEC Chair Paul Atkins Backs Division’s Statement Crenshaw’s statement is a scathing retort to the SEC Division of Corporation Finance’s liquid staking statement published earlier on August 5. The statement expressed the division’s views that certain liquid staking activities do not qualify as securities in a bid to provide “greater clarity on the application of the federal securities laws to crypto assets.” Newly appointed SEC Chair Paul Atkins also published his own statement on Tuesday backing the division’s decision, stating that “the SEC is committed to providing clear guidance on the application of the federal securities laws to emerging technologies and financial activities.” Under my leadership, the SEC is committed to providing clear guidance on the application of the federal securities laws to emerging technologies and financial activities. https://t.co/KdIA8RAbVq pic.twitter.com/inUB1asKay — Paul Atkins (@SECPaulSAtkins) August 5, 2025 “Today’s staff statement on liquid staking is a significant step forward in clarifying the staff’s view about crypto asset activities that do not fall within the SEC’s jurisdiction,” Chairman Paul Atkins said. “I am pleased that the SEC’s Project Crypto initiative is already producing results for the American people.” The post SEC Commissioner Caroline Crenshaw Pushes Back On Liquid Staking Statement appeared first on Cryptonews.

SEC Commissioner Caroline Crenshaw Pushes Back On Liquid Staking Statement

United States Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw is pushing back on the Division of Corporation Finance’s recent liquid staking statement in an August 5 statement of her own.

Some Things Are Better Left Unsaid, Caroline Crenshaw Says

According to Crenshaw’s Tuesday statement, the federal regulator slammed the division’s statement, alleging that certain liquid staking activities do not constitute securities, claiming that “some things are better left unsaid.”

“The Liquid Staking Statement stacks factual assumption on top of factual assumption on top of factual assumption, resulting in a wobbly wall of facts without an anchor in industry reality,” Crenshaw said.

“Given its unsupported factual assumptions and circumscribed legal analysis, the Liquid Staking Statement should provide little comfort to entities engaged in liquid staking—especially since, as the statement rightly notes, it only ‘represents the views of the staff of the Division of Corporation Finance,’ not the views of this or any future Commission,” she added.

SEC Chair Paul Atkins Backs Division’s Statement

Crenshaw’s statement is a scathing retort to the SEC Division of Corporation Finance’s liquid staking statement published earlier on August 5.

The statement expressed the division’s views that certain liquid staking activities do not qualify as securities in a bid to provide “greater clarity on the application of the federal securities laws to crypto assets.”

Newly appointed SEC Chair Paul Atkins also published his own statement on Tuesday backing the division’s decision, stating that “the SEC is committed to providing clear guidance on the application of the federal securities laws to emerging technologies and financial activities.”

Under my leadership, the SEC is committed to providing clear guidance on the application of the federal securities laws to emerging technologies and financial activities. https://t.co/KdIA8RAbVq pic.twitter.com/inUB1asKay

— Paul Atkins (@SECPaulSAtkins) August 5, 2025

“Today’s staff statement on liquid staking is a significant step forward in clarifying the staff’s view about crypto asset activities that do not fall within the SEC’s jurisdiction,” Chairman Paul Atkins said. “I am pleased that the SEC’s Project Crypto initiative is already producing results for the American people.”

The post SEC Commissioner Caroline Crenshaw Pushes Back On Liquid Staking Statement appeared first on Cryptonews.
Coinbase-Backed Grassroots Organization Mobilizes 2.3M Voters Ahead of Key U.S. Crypto LegislationUnited States President Donald Trump’s Working Group on Digital Asset Markets recently released its long-awaited crypto report. The document, which was made publicly available on July 30, outlines policy recommendations for regulating crypto in the U.S. The report includes recommendations on crypto market structure, jurisdictional oversight, banking regulations, promoting U.S. dollar hegemony through stablecoins, and taxation of cryptocurrencies. Today the White House is releasing its comprehensive report on digital assets, providing long-awaited regulatory clarity for innovators in a cutting-edge industry. President Trump is delivering on his promise to make the U.S. the crypto capital of the planet. pic.twitter.com/hrp8uQwf76 — David Sacks (@davidsacks47) July 30, 2025 President Trump is also reportedly planning to sign an executive order directing banking regulators to investigate claims of debanking made by the crypto sector. Grassroots Organizations Play Key Role In Shaping Legislation While the recent efforts from President Trump and his team are clear, grassroots organizations are also playing a key role in advancing crypto legislation in the U.S. Michael Cameron, co-founder of decentralized exchange Superb, told Cryptonews that most people underestimate how the future of crypto in the U.S. is being shaped by passionate groups of lawyers, developers, anonymous people, and others. “People think it’s lobbyists in suits doing the heavy lifting,” Cameron said. “While they certainly are—crypto firms spent over $18 million on federal lobbying in early 2025—behind the scenes, there are discord groups reading draft bills at 2 a.m. and DAO treasurers fervently calling congressional staffers.” Given this, it’s important to understand how specific grassroots organizations are helping influence crypto legislation in the U.S. Stand With Crypto Helps Voters Get Their Voices Heard Mason Lynaugh, community director at Stand With Crypto (SWC)—a nonprofit advocacy organization backed by Coinbase—told Cryptonews that he was fortunate to join top industry leaders and advocates at the White House for the release of Trump’s recent crypto report. Lynaugh elaborated that not only was the report monumental for the entire crypto sector, but it was the first time that SWC was represented as part of an important legislative effort. “Policy markets and regulators in the White House finally see strength in the Stand With Crypto community,” Lynaugh said. “The recommendations that our working group put forward and the impact from pro-crypto voters have demonstrated a big win here.” Digital asset advocate and @stcloudfcu Chief Lending Officer Chase Larson met with his senator in D.C. last month! Hear what Chase has to say about removing ambiguity and unleashing innovation when it comes to crypto regulation: pic.twitter.com/GxhpvQAjyn — Stand With Crypto (@standwithcrypto) August 5, 2025 According to Lynaugh, SWC is one of the most engaged, organized, and fastest-growing grassroots political forces in America. The organization has more than 2.3 million crypto advocates across the country and is on track to exceed 2.5 million. SWC’s goal is to have a footprint in all 50 states by the end of this year. “Stand With Crypto has built an engaged voting bloc that is mobilizing at every level of the U.S. government: from the steps of Capitol Hill to state legislatures,” Lynaugh said. More than 600,000 crypto voters registered to vote in 2024 with SWC’s support. Lynaugh believes that SWC drove a majority of crypto voters to the polls last year, noting that this further proves how crypto votes matter for determining election outcomes. Lynaugh added that SWC sent out around 70,000 emails to senators when the GENIUS Act was being voted on. “We also organized a coalition letter signed by 65 crypto-focused orgs, representing 6,100 jobs across 21 states, to every member of the House in support of the CLARITY Act,” he said. Grassroots Organizations Influence State-Level Policy Grassroots organizations at the state level are also helping shape crypto policy. For example, the North American Blockchain Association (NABA) is building a state-by-state network to advance blockchain policy across North America. Wade Preston, director of community outreach for NABA, told Cryptonews that he specifically serves as the bridge between NABA’s member states and federal policy developments. “I help member states navigate the complexities to implement their policy initiatives. We’re empowering grassroots advocates in every state to make their voices heard and give them the tools they need to succeed in their jurisdictions,” Preston said. NABA has also encouraged the rise of other state-level organizations. Lee Bratcher, president of the Texas Blockchain Council (TBC), told Cryptonews that the TBC coordinates industry voices, educates policymakers, and drafts model legislation. For instance, Bratcher noted that TBC helped draft Texas’ HB 1666, along with the Texas Strategic Bitcoin Reserve legislation, SB 21. “Our advocacy in Texas has led to one of the most favorable regulatory environments for digital assets in the U.S.,” Bratcher said. He added that while TBC was not directly involved in drafting the recent White House crypto report, the organization has actively contributed to the national policy dialogue. “This has been through invited testimony, public comment on proposed rules, and meetings with federal agencies. Our efforts have helped shape a more informed and nuanced approach to crypto regulation,” Bratcher commented. Crypto-friendly states like Florida also have communities helping to ensure that lawmakers understand Web3 technology to pass better policies. James Slusser, a Polkadot Senior Ambassador, told Cryptonews that Polkadot plays a key role in shaping crypto-friendly legislation by offering lawmakers a direct line to the technology’s builders. “Polkadot is in a unique position to educate and inform public policy. We support state-level engagement through organizations like the Florida Blockchain Business Association (FBBA) and the Texas Blockchain Council, while also contributing to national efforts through groups like the Blockchain Association and the North American Blockchain Association,” Slusser explained. He added that these platforms allow Polkadot to collaborate with policymakers and industry peers to advocate for clear, innovation-friendly regulation. “For example, this year I represented Polkadot during FBBA’s Blockchain Day at the Florida Capitol, where we met directly with lawmakers to discuss how Web3 technology can support economic growth, digital infrastructure, and citizen empowerment in the state of Florida,” Slusser said. Education Remains Key While it’s clear that grassroots organizations are helping influence crypto policies in the U.S., a key challenge remains education. Slusser pointed out that he believes the biggest issue here is bridging the gap between complex technical systems and public policy frameworks. “Many lawmakers are eager to learn but lack structured, neutral resources that explain blockchain technology in a meaningful way,” he said. Echoing this, Bratcher noted that overcoming misinformation and political inertia in Washington remains problematic. “Many lawmakers still misunderstand the technology or associate it with illicit activity,” he said. Education remains key to combat these challenges, which is why groups like TBC and Polkadot are focused on new initiatives. For instance, Slusser shared that earlier this year, Polkadot launched a “Blockchain Basics for Policymakers.” The course was led by Dr. Lisa Cameron, founder of the UKUS Crypto Alliance and a former Member of the British Parliament. “The course was held in Zug, Switzerland—often called Crypto Valley—and was attended by a cross-party delegation of British MPs, equipping them with practical knowledge about blockchain and Web3 technologies,” Slusser said. Bratcher added that TBC regularly hosts educational summits, like The North American Blockchain Summit and USSAIC in Washington, D.C. “This helps us maintain a constant presence with both state and federal policymakers.” Lynaugh further remarked that SWC has plans to launch college chapters in the future. “SWC has only been around for 2 years now, so we need more people to continue to join us and take action when the time comes,” he said. The post Coinbase-Backed Grassroots Organization Mobilizes 2.3M Voters Ahead of Key U.S. Crypto Legislation appeared first on Cryptonews.

Coinbase-Backed Grassroots Organization Mobilizes 2.3M Voters Ahead of Key U.S. Crypto Legislation

United States President Donald Trump’s Working Group on Digital Asset Markets recently released its long-awaited crypto report. The document, which was made publicly available on July 30, outlines policy recommendations for regulating crypto in the U.S.

The report includes recommendations on crypto market structure, jurisdictional oversight, banking regulations, promoting U.S. dollar hegemony through stablecoins, and taxation of cryptocurrencies.

Today the White House is releasing its comprehensive report on digital assets, providing long-awaited regulatory clarity for innovators in a cutting-edge industry. President Trump is delivering on his promise to make the U.S. the crypto capital of the planet. pic.twitter.com/hrp8uQwf76

— David Sacks (@davidsacks47) July 30, 2025

President Trump is also reportedly planning to sign an executive order directing banking regulators to investigate claims of debanking made by the crypto sector.

Grassroots Organizations Play Key Role In Shaping Legislation

While the recent efforts from President Trump and his team are clear, grassroots organizations are also playing a key role in advancing crypto legislation in the U.S.

Michael Cameron, co-founder of decentralized exchange Superb, told Cryptonews that most people underestimate how the future of crypto in the U.S. is being shaped by passionate groups of lawyers, developers, anonymous people, and others.

“People think it’s lobbyists in suits doing the heavy lifting,” Cameron said. “While they certainly are—crypto firms spent over $18 million on federal lobbying in early 2025—behind the scenes, there are discord groups reading draft bills at 2 a.m. and DAO treasurers fervently calling congressional staffers.”

Given this, it’s important to understand how specific grassroots organizations are helping influence crypto legislation in the U.S.

Stand With Crypto Helps Voters Get Their Voices Heard

Mason Lynaugh, community director at Stand With Crypto (SWC)—a nonprofit advocacy organization backed by Coinbase—told Cryptonews that he was fortunate to join top industry leaders and advocates at the White House for the release of Trump’s recent crypto report.

Lynaugh elaborated that not only was the report monumental for the entire crypto sector, but it was the first time that SWC was represented as part of an important legislative effort.

“Policy markets and regulators in the White House finally see strength in the Stand With Crypto community,” Lynaugh said. “The recommendations that our working group put forward and the impact from pro-crypto voters have demonstrated a big win here.”

Digital asset advocate and @stcloudfcu Chief Lending Officer Chase Larson met with his senator in D.C. last month!

Hear what Chase has to say about removing ambiguity and unleashing innovation when it comes to crypto regulation: pic.twitter.com/GxhpvQAjyn

— Stand With Crypto (@standwithcrypto) August 5, 2025

According to Lynaugh, SWC is one of the most engaged, organized, and fastest-growing grassroots political forces in America. The organization has more than 2.3 million crypto advocates across the country and is on track to exceed 2.5 million. SWC’s goal is to have a footprint in all 50 states by the end of this year.

“Stand With Crypto has built an engaged voting bloc that is mobilizing at every level of the U.S. government: from the steps of Capitol Hill to state legislatures,” Lynaugh said.

More than 600,000 crypto voters registered to vote in 2024 with SWC’s support. Lynaugh believes that SWC drove a majority of crypto voters to the polls last year, noting that this further proves how crypto votes matter for determining election outcomes.

Lynaugh added that SWC sent out around 70,000 emails to senators when the GENIUS Act was being voted on.

“We also organized a coalition letter signed by 65 crypto-focused orgs, representing 6,100 jobs across 21 states, to every member of the House in support of the CLARITY Act,” he said.

Grassroots Organizations Influence State-Level Policy

Grassroots organizations at the state level are also helping shape crypto policy.

For example, the North American Blockchain Association (NABA) is building a state-by-state network to advance blockchain policy across North America. Wade Preston, director of community outreach for NABA, told Cryptonews that he specifically serves as the bridge between NABA’s member states and federal policy developments.

“I help member states navigate the complexities to implement their policy initiatives. We’re empowering grassroots advocates in every state to make their voices heard and give them the tools they need to succeed in their jurisdictions,” Preston said.

NABA has also encouraged the rise of other state-level organizations. Lee Bratcher, president of the Texas Blockchain Council (TBC), told Cryptonews that the TBC coordinates industry voices, educates policymakers, and drafts model legislation.

For instance, Bratcher noted that TBC helped draft Texas’ HB 1666, along with the Texas Strategic Bitcoin Reserve legislation, SB 21.

“Our advocacy in Texas has led to one of the most favorable regulatory environments for digital assets in the U.S.,” Bratcher said.

He added that while TBC was not directly involved in drafting the recent White House crypto report, the organization has actively contributed to the national policy dialogue.

“This has been through invited testimony, public comment on proposed rules, and meetings with federal agencies. Our efforts have helped shape a more informed and nuanced approach to crypto regulation,” Bratcher commented.

Crypto-friendly states like Florida also have communities helping to ensure that lawmakers understand Web3 technology to pass better policies.

James Slusser, a Polkadot Senior Ambassador, told Cryptonews that Polkadot plays a key role in shaping crypto-friendly legislation by offering lawmakers a direct line to the technology’s builders.

“Polkadot is in a unique position to educate and inform public policy. We support state-level engagement through organizations like the Florida Blockchain Business Association (FBBA) and the Texas Blockchain Council, while also contributing to national efforts through groups like the Blockchain Association and the North American Blockchain Association,” Slusser explained.

He added that these platforms allow Polkadot to collaborate with policymakers and industry peers to advocate for clear, innovation-friendly regulation.

“For example, this year I represented Polkadot during FBBA’s Blockchain Day at the Florida Capitol, where we met directly with lawmakers to discuss how Web3 technology can support economic growth, digital infrastructure, and citizen empowerment in the state of Florida,” Slusser said.

Education Remains Key

While it’s clear that grassroots organizations are helping influence crypto policies in the U.S., a key challenge remains education.

Slusser pointed out that he believes the biggest issue here is bridging the gap between complex technical systems and public policy frameworks.

“Many lawmakers are eager to learn but lack structured, neutral resources that explain blockchain technology in a meaningful way,” he said.

Echoing this, Bratcher noted that overcoming misinformation and political inertia in Washington remains problematic. “Many lawmakers still misunderstand the technology or associate it with illicit activity,” he said.

Education remains key to combat these challenges, which is why groups like TBC and Polkadot are focused on new initiatives.

For instance, Slusser shared that earlier this year, Polkadot launched a “Blockchain Basics for Policymakers.” The course was led by Dr. Lisa Cameron, founder of the UKUS Crypto Alliance and a former Member of the British Parliament.

“The course was held in Zug, Switzerland—often called Crypto Valley—and was attended by a cross-party delegation of British MPs, equipping them with practical knowledge about blockchain and Web3 technologies,” Slusser said.

Bratcher added that TBC regularly hosts educational summits, like The North American Blockchain Summit and USSAIC in Washington, D.C. “This helps us maintain a constant presence with both state and federal policymakers.”

Lynaugh further remarked that SWC has plans to launch college chapters in the future.

“SWC has only been around for 2 years now, so we need more people to continue to join us and take action when the time comes,” he said.

The post Coinbase-Backed Grassroots Organization Mobilizes 2.3M Voters Ahead of Key U.S. Crypto Legislation appeared first on Cryptonews.
Roman Storm Found Guilty On One Charge, Hung Jury On 2 Additional CountsThe jury in the trial of Tornado Cash developer Roman Storm has reached its verdict, according to August 6 reports. Jury in Tornado Cash Case Hung on Two Counts According to reports, Storm has been found guilty on one count of operating an unlicensed money transmitting business. Judge: He may appeal, he has every incentive to stay and fight. He is not a risk of flight, given the size of the bond. There is a lot of fighting left in this case before sentencing, and I think Mr. Storm will stay for it. — Inner City Press (@innercitypress) August 6, 2025 However, the jury was unable to reach a consensus on the charge of conspiracy to commit money laundering and sanctions violations, resulting in a partial mistrial. Indicted in August 2023, Storm could have faced up to 40 years in prison if convicted of the latter two charges. He will now face up to 5 years behind bars for his unlicensed money-transmitting conviction. Following the ruling, Judge Katherine Polk Failla decided that Storm would not be remanded back into custody, given that she believes Storm possesses “every incentive to stay and fight.” “He is not a risk of flight, given the size of the bond,” Inner City Press quoted Failla as saying. “There is a lot of fighting left in this case before sentencing, and I think Mr. Storm will stay for it.” According to Inner City Press, federal prosecutors said they would “get back to the court” on whether they will retry Storm on the hung jury charges. When Will Roman Storm Face Sentencing? News of the verdict in Storm’s case comes after the Tornado Cash co-founder’s long campaign to raise financial contributions to his legal defense. On July 26, Storm posted an “urgent call for support” on his official X account, claiming that “every bit counts.” “Legal costs are piling up fast, and we urgently need your help,” Storm wrote. “If you believe in open-source, privacy, and standing up to injustice, please donate now.“ A date for Storm’s sentencing has yet to be set. The post Roman Storm Found Guilty On One Charge, Hung Jury On 2 Additional Counts appeared first on Cryptonews.

Roman Storm Found Guilty On One Charge, Hung Jury On 2 Additional Counts

The jury in the trial of Tornado Cash developer Roman Storm has reached its verdict, according to August 6 reports.

Jury in Tornado Cash Case Hung on Two Counts

According to reports, Storm has been found guilty on one count of operating an unlicensed money transmitting business.

Judge: He may appeal, he has every incentive to stay and fight. He is not a risk of flight, given the size of the bond. There is a lot of fighting left in this case before sentencing, and I think Mr. Storm will stay for it.

— Inner City Press (@innercitypress) August 6, 2025

However, the jury was unable to reach a consensus on the charge of conspiracy to commit money laundering and sanctions violations, resulting in a partial mistrial.

Indicted in August 2023, Storm could have faced up to 40 years in prison if convicted of the latter two charges. He will now face up to 5 years behind bars for his unlicensed money-transmitting conviction.

Following the ruling, Judge Katherine Polk Failla decided that Storm would not be remanded back into custody, given that she believes Storm possesses “every incentive to stay and fight.”

“He is not a risk of flight, given the size of the bond,” Inner City Press quoted Failla as saying. “There is a lot of fighting left in this case before sentencing, and I think Mr. Storm will stay for it.”

According to Inner City Press, federal prosecutors said they would “get back to the court” on whether they will retry Storm on the hung jury charges.

When Will Roman Storm Face Sentencing?

News of the verdict in Storm’s case comes after the Tornado Cash co-founder’s long campaign to raise financial contributions to his legal defense.

On July 26, Storm posted an “urgent call for support” on his official X account, claiming that “every bit counts.”

“Legal costs are piling up fast, and we urgently need your help,” Storm wrote. “If you believe in open-source, privacy, and standing up to injustice, please donate now.“

A date for Storm’s sentencing has yet to be set.

The post Roman Storm Found Guilty On One Charge, Hung Jury On 2 Additional Counts appeared first on Cryptonews.
Pump.fun Surges Past letsBONK.fun to Reclaim Solana Meme Coin Crown – Can It Hold the Lead?After nearly a month of trailing behind, meme coin launchpad Pump.fun has reclaimed its spot at the top of the Solana ecosystem, overtaking rival letsBONK.fun in key performance metrics. The shift marks a new chapter in the increasingly competitive meme coin wars unfolding on Solana. As of August 6, Pump.fun surpassed letsBONK.fun in 24-hour trading volume, revenue, tokens minted, and token graduations. It’s the first time since July 7 that Pump.fun has outpaced letsBONK.fun in daily volume, indicating a strong resurgence in user activity and momentum. Pump.fun Surges Ahead in Volume, Revenue, and Token Launches on Solana On that day alone, Pump.fun recorded over $144.5 million in graduation volume, far ahead of letsBONK.fun’s $34.6 million. Tokens from Pump.fun also posted $525 million in post-graduation trading volume, while tokens from letsBONK.fun recorded $305 million. Source: Dune Analytics/ @adam_tehc This post-graduation volume shows the continued interest in meme coins launched on Pump.fun even after their initial minting. Revenue trends also point to a similar comeback. Pump.fun pulled in $1.38M on August 6, compared to $282,342 for letsBONK.fun. It’s a shift in momentum that breaks a streak held by letsBONK.fun since early July. Source: Dune Analytics/ @adam_tehc However, zooming out to the past seven days, letsBONK.fun still leads in overall revenue, generating $4.55 million compared to Pump.fun’s $2.33 million, according to data from DefiLlama. The volume surge has been mirrored by a spike in new token creation. In the past 24 hours, Pump.fun users minted 23,499 new tokens, outpacing the 6,406 created on letsBONK.fun. Source: Dune Analytics/ @adam_tehc Token graduations, a metric used to gauge which projects are gaining traction and reaching liquidity milestones, also leaned toward Pump.fun. It recorded 170 graduations, while letsBONK.fun saw 71. Source: Dune Analytics/ @adam_tehc Additionally, the data showed that Pump.fun retains a slight advantage in user activity. It engaged 94,172 unique addresses in the past day, compared to 78,617 for letsBONK.fun. The rivalry between the two platforms has defined much of Solana’s meme coin activity over the past two months. letsBONK.fun had taken the lead in early July by building strong community engagement and dominating weekly charts for revenue and token launches. But Pump.fun’s recent resurgence shows that competition remains unpredictable. Solana co-founder Anatoly Yakovenko acknowledged the shift on X, writing, “Competition never ends. There are no moats or free lunches in crypto.” Competition never ends. There are no moats or free lunches in crypto. https://t.co/lcuzpbFk0V — toly (@aeyakovenko) August 6, 2025 Since their emergence, both platforms have transformed the way meme coins are launched and traded on Solana. Their rise has turned Solana into one of the most active chains for community-driven token creation, pushing daily on-chain volumes and user activity to new highs. The question now is whether Pump.fun can hold the lead. While its latest numbers are strong, the meme coin launchpad space remains volatile, and dominance can change in a matter of days. For now, Pump.fun has pulled ahead, but as the last month has shown, in Solana’s meme coin wars, nothing stays still for long. Pump.fun Token Outpaces letsBONK.fun Token Amid Shifting Sentiment in Solana Meme Coin Market Pump.fun is showing signs of renewed momentum in the Solana meme coin ecosystem, with its $PUMP token emerging as one of the market’s top performers. At time of writing, $PUMP traded at $0.003425, marking a 3.1% gain in 24 hours and 32.3% over the week, outperforming the broader crypto market, which fell by 2.10% in the same period, according to CoinGecko. Source: CoinGecko Meanwhile, tokens linked to the letsBONK.Fun ecosystem has struggled. Its native token, $BONK, dropped 0.5% in the last 24 hours and 12.6% over the week. Graphite Protocol ($GP), the infrastructure token behind letsBONK.fun, declined 16.2% in a day and over 50% for the week. $USELESS, a key meme coin on the platform, is also down more than 7%. Source: CoinGecko Pump.fun’s resurgence appears tied to recent developments, including the launch of a public revenue dashboard on August 4. In the days leading up to it, the platform used roughly $8,740 worth of SOL to buy back $PUMP, equivalent to 102% of its revenue over that period. introducing the pump fun revenue dashboard pump fun's daily revenues & $PUMP purchases can now be tracked in real time using https://t.co/fxyCTVUuBj in the past 6 days, pump fun purchased ~8,740 SOL worth of $PUMP, equating to 102% of total revenue over that time period. pic.twitter.com/xWxy85en7t — pump.fun (@pumpdotfun) August 4, 2025 The platform has also been preparing a new rewards program intended to boost engagement, though details remain undisclosed. LetsBONK.fun has responded with its own buybacks, allocating 440 SOL on August 3 to purchase top tokens based on community metrics. However, its ecosystem market cap dropped 20.8% in just one day, now standing at $389 million. win and help win on August 3rd, 2025, a total of 440 $SOL was spent buying back top pairs based on both market cap and community engagement. we bought 44 $SOL worth of each of the top 10 tokens on BONKfun after #USELESS. tokens included:$ANI$HOSICO$MOMO$BUCKY$KORI… — letsBONK.fun (@bonk_fun) August 5, 2025 Pump.fun has also taken steps to improve transparency by acquiring Kolscan, an on-chain wallet tracking tool. A larger update may be on the horizon, with co-founder Alon teasing a “huge announcement” for community coins. huge announcement coming for organic community coins in the pump fun ecosystem this week. — alon (@a1lon9) August 4, 2025 As both platforms adjust strategies, the battle for dominance in Solana’s meme coin space remains fluid. Pump.fun’s recent gains, however, have sparked a clear shift in momentum. The post Pump.fun Surges Past letsBONK.fun to Reclaim Solana Meme Coin Crown – Can It Hold the Lead? appeared first on Cryptonews.

Pump.fun Surges Past letsBONK.fun to Reclaim Solana Meme Coin Crown – Can It Hold the Lead?

After nearly a month of trailing behind, meme coin launchpad Pump.fun has reclaimed its spot at the top of the Solana ecosystem, overtaking rival letsBONK.fun in key performance metrics. The shift marks a new chapter in the increasingly competitive meme coin wars unfolding on Solana.

As of August 6, Pump.fun surpassed letsBONK.fun in 24-hour trading volume, revenue, tokens minted, and token graduations. It’s the first time since July 7 that Pump.fun has outpaced letsBONK.fun in daily volume, indicating a strong resurgence in user activity and momentum.

Pump.fun Surges Ahead in Volume, Revenue, and Token Launches on Solana

On that day alone, Pump.fun recorded over $144.5 million in graduation volume, far ahead of letsBONK.fun’s $34.6 million. Tokens from Pump.fun also posted $525 million in post-graduation trading volume, while tokens from letsBONK.fun recorded $305 million.

Source: Dune Analytics/ @adam_tehc

This post-graduation volume shows the continued interest in meme coins launched on Pump.fun even after their initial minting.

Revenue trends also point to a similar comeback. Pump.fun pulled in $1.38M on August 6, compared to $282,342 for letsBONK.fun. It’s a shift in momentum that breaks a streak held by letsBONK.fun since early July.

Source: Dune Analytics/ @adam_tehc

However, zooming out to the past seven days, letsBONK.fun still leads in overall revenue, generating $4.55 million compared to Pump.fun’s $2.33 million, according to data from DefiLlama.

The volume surge has been mirrored by a spike in new token creation. In the past 24 hours, Pump.fun users minted 23,499 new tokens, outpacing the 6,406 created on letsBONK.fun.

Source: Dune Analytics/ @adam_tehc

Token graduations, a metric used to gauge which projects are gaining traction and reaching liquidity milestones, also leaned toward Pump.fun. It recorded 170 graduations, while letsBONK.fun saw 71.

Source: Dune Analytics/ @adam_tehc

Additionally, the data showed that Pump.fun retains a slight advantage in user activity. It engaged 94,172 unique addresses in the past day, compared to 78,617 for letsBONK.fun.

The rivalry between the two platforms has defined much of Solana’s meme coin activity over the past two months. letsBONK.fun had taken the lead in early July by building strong community engagement and dominating weekly charts for revenue and token launches. But Pump.fun’s recent resurgence shows that competition remains unpredictable.

Solana co-founder Anatoly Yakovenko acknowledged the shift on X, writing, “Competition never ends. There are no moats or free lunches in crypto.”

Competition never ends. There are no moats or free lunches in crypto. https://t.co/lcuzpbFk0V

— toly (@aeyakovenko) August 6, 2025

Since their emergence, both platforms have transformed the way meme coins are launched and traded on Solana. Their rise has turned Solana into one of the most active chains for community-driven token creation, pushing daily on-chain volumes and user activity to new highs.

The question now is whether Pump.fun can hold the lead. While its latest numbers are strong, the meme coin launchpad space remains volatile, and dominance can change in a matter of days.

For now, Pump.fun has pulled ahead, but as the last month has shown, in Solana’s meme coin wars, nothing stays still for long.

Pump.fun Token Outpaces letsBONK.fun Token Amid Shifting Sentiment in Solana Meme Coin Market

Pump.fun is showing signs of renewed momentum in the Solana meme coin ecosystem, with its $PUMP token emerging as one of the market’s top performers.

At time of writing, $PUMP traded at $0.003425, marking a 3.1% gain in 24 hours and 32.3% over the week, outperforming the broader crypto market, which fell by 2.10% in the same period, according to CoinGecko.

Source: CoinGecko

Meanwhile, tokens linked to the letsBONK.Fun ecosystem has struggled. Its native token, $BONK, dropped 0.5% in the last 24 hours and 12.6% over the week. Graphite Protocol ($GP), the infrastructure token behind letsBONK.fun, declined 16.2% in a day and over 50% for the week. $USELESS, a key meme coin on the platform, is also down more than 7%.

Source: CoinGecko

Pump.fun’s resurgence appears tied to recent developments, including the launch of a public revenue dashboard on August 4. In the days leading up to it, the platform used roughly $8,740 worth of SOL to buy back $PUMP, equivalent to 102% of its revenue over that period.

introducing the pump fun revenue dashboard

pump fun's daily revenues & $PUMP purchases can now be tracked in real time using https://t.co/fxyCTVUuBj

in the past 6 days, pump fun purchased ~8,740 SOL worth of $PUMP, equating to 102% of total revenue over that time period. pic.twitter.com/xWxy85en7t

— pump.fun (@pumpdotfun) August 4, 2025

The platform has also been preparing a new rewards program intended to boost engagement, though details remain undisclosed.

LetsBONK.fun has responded with its own buybacks, allocating 440 SOL on August 3 to purchase top tokens based on community metrics. However, its ecosystem market cap dropped 20.8% in just one day, now standing at $389 million.

win and help win

on August 3rd, 2025, a total of 440 $SOL was spent buying back top pairs based on both market cap and community engagement. we bought 44 $SOL worth of each of the top 10 tokens on BONKfun after #USELESS.

tokens included:$ANI$HOSICO$MOMO$BUCKY$KORI…

— letsBONK.fun (@bonk_fun) August 5, 2025

Pump.fun has also taken steps to improve transparency by acquiring Kolscan, an on-chain wallet tracking tool. A larger update may be on the horizon, with co-founder Alon teasing a “huge announcement” for community coins.

huge announcement coming for organic community coins in the pump fun ecosystem this week.

— alon (@a1lon9) August 4, 2025

As both platforms adjust strategies, the battle for dominance in Solana’s meme coin space remains fluid. Pump.fun’s recent gains, however, have sparked a clear shift in momentum.

The post Pump.fun Surges Past letsBONK.fun to Reclaim Solana Meme Coin Crown – Can It Hold the Lead? appeared first on Cryptonews.
Altcoin Season Buzz: Ethena, Sky, Curve DAO Drive Yield Hunting Despite Bitcoin DominanceThe altcoin season index has dipped to 36, but selective trading activity around Ethena, Sky, and Curve DAO suggests that traders are still rotating into certain assets. While broader market indicators are mixed, these three tokens have drawn interest from investors looking for volume, use cases, or yield mechanics. Ethena: Synthetic Dollar Protocol Gains Ground Ethena’s price is around $0.598 with a market cap near $3.96 billion and daily trading volume exceeding $650 million, according to CoinMarketCap. The protocol supports a synthetic stablecoin called USDe. Activity has picked up since launch, with trading and staking demand contributing to increased token circulation. Liquidity data from Curve and Binance reflect daily usage, and July performance showed relative strength compared to larger market peers. Traders continue to focus on Ethena’s dual-token model and staking mechanics. ENA’s recent volatility has not deterred holders, who remain active in governance and liquidity programs. This participation keeps Ethena in focus during altcoin season debates. Sky: Tokenization and Credit Activity Support Value Sky’s price sits near $0.0798, with a market cap of approximately $1.7 billion. Trading volume is modest at around $1.9 million. SKY Price (Source: CoinMarketCap) The token backs activity on credit-focused DeFi platforms, including those operating on Avalanche. Sky supports decentralized lending pools and tokenized assets tied to real-world credit. The project has not seen the same level of attention as other mid-cap names but remains consistent in use and protocol growth. Though Sky’s price movement has been limited in recent weeks, DeFi activity around its supported protocols has kept the token in circulation. Curve DAO: Stablecoin Liquidity and Trading Depth Curve DAO’s price is near $0.92 with a market cap of around $1.27 billion. Its 24-hour volume is above $220 million. The token underpins one of the largest stablecoin trading platforms in DeFi. Curve volumes remain strong, and the protocol continues to be a key source of liquidity for USDT, USDC, and other stable assets. CRV holders have been active in governance proposals, including fee structure changes and incentive models. While CRV has declined from its all-time highs, it continues to see regular volume and periodic inflows tied to on-chain yield cycles. Altcoin Season Index Remains Steady While Bitcoin dominance remains above 60%, certain assets like Ethena, Sky, and Curve DAO are showing independent momentum. This points to rotation that favors functional protocols and liquidity hubs even when altseason indicators are subdued. Ethena offers synthetic dollar exposure. Sky supports decentralized credit flows. Curve DAO remains central to stablecoin liquidity. Each represents a different angle on altcoin season activity, showing how token flows are now linked to usage and trader behavior. Altcoin season is not in full effect, but selective rotation continues. Traders are watching volume, staking programs, and governance participation as key metrics. Ethena, Sky, and Curve DAO have each shown enough activity to remain part of that conversation. The post Altcoin Season Buzz: Ethena, Sky, Curve DAO Drive Yield Hunting Despite Bitcoin Dominance appeared first on Cryptonews.

Altcoin Season Buzz: Ethena, Sky, Curve DAO Drive Yield Hunting Despite Bitcoin Dominance

The altcoin season index has dipped to 36, but selective trading activity around Ethena, Sky, and Curve DAO suggests that traders are still rotating into certain assets. While broader market indicators are mixed, these three tokens have drawn interest from investors looking for volume, use cases, or yield mechanics.

Ethena: Synthetic Dollar Protocol Gains Ground

Ethena’s price is around $0.598 with a market cap near $3.96 billion and daily trading volume exceeding $650 million, according to CoinMarketCap.

The protocol supports a synthetic stablecoin called USDe. Activity has picked up since launch, with trading and staking demand contributing to increased token circulation. Liquidity data from Curve and Binance reflect daily usage, and July performance showed relative strength compared to larger market peers.

Traders continue to focus on Ethena’s dual-token model and staking mechanics. ENA’s recent volatility has not deterred holders, who remain active in governance and liquidity programs. This participation keeps Ethena in focus during altcoin season debates.

Sky: Tokenization and Credit Activity Support Value

Sky’s price sits near $0.0798, with a market cap of approximately $1.7 billion. Trading volume is modest at around $1.9 million.

SKY Price (Source: CoinMarketCap)

The token backs activity on credit-focused DeFi platforms, including those operating on Avalanche. Sky supports decentralized lending pools and tokenized assets tied to real-world credit. The project has not seen the same level of attention as other mid-cap names but remains consistent in use and protocol growth.

Though Sky’s price movement has been limited in recent weeks, DeFi activity around its supported protocols has kept the token in circulation.

Curve DAO: Stablecoin Liquidity and Trading Depth

Curve DAO’s price is near $0.92 with a market cap of around $1.27 billion. Its 24-hour volume is above $220 million.

The token underpins one of the largest stablecoin trading platforms in DeFi. Curve volumes remain strong, and the protocol continues to be a key source of liquidity for USDT, USDC, and other stable assets.

CRV holders have been active in governance proposals, including fee structure changes and incentive models. While CRV has declined from its all-time highs, it continues to see regular volume and periodic inflows tied to on-chain yield cycles.

Altcoin Season Index Remains Steady

While Bitcoin dominance remains above 60%, certain assets like Ethena, Sky, and Curve DAO are showing independent momentum. This points to rotation that favors functional protocols and liquidity hubs even when altseason indicators are subdued.

Ethena offers synthetic dollar exposure. Sky supports decentralized credit flows. Curve DAO remains central to stablecoin liquidity. Each represents a different angle on altcoin season activity, showing how token flows are now linked to usage and trader behavior.

Altcoin season is not in full effect, but selective rotation continues. Traders are watching volume, staking programs, and governance participation as key metrics. Ethena, Sky, and Curve DAO have each shown enough activity to remain part of that conversation.

The post Altcoin Season Buzz: Ethena, Sky, Curve DAO Drive Yield Hunting Despite Bitcoin Dominance appeared first on Cryptonews.
Dogecoin Price Prediction: RSI Flashing Explosive Move Next – Biggest Rally Coming?The same technical setup that launched the first leg of the DOGE bull run is now repeating, but the Dogecoin price outlook could be even more bullish this time around. While uncertainty around tariffs has dulled enthusiasm for riskier plays like meme coins, a 7% bounce since the start of the month could signal a new DOGE uptrend. This move comes as the macro backdrop begins to shift in favor of risk assets. Speculators now expect up to three rate cuts before the end of the year, starting as soon as September. FED CAN NOW DO 3 RATE CUTS BY THE END OF 2025. MORE LIQUIDITY = ALTSEASON pic.twitter.com/0Q8uwjjkrb — Max (@MaxCryptoxx) August 5, 2025 Lower borrowing costs could stimulate new inflows into risk assets like cryptocurrencies, reviving altcoin season sentiment. Could DOGE Be In for a Second, Larger Bull Run? The early August turnaround could signal the second leg of Dogecoin’s bull run, with the technical setup now echoing the first, according to popular X analyst Kriss Pax. DOGE/USDT 4-hour chart, RSI Breaches oversold threshold for the first time since June. Source: X, @Krisspax. Back in June, the 4-hour RSI dipped into oversold territory below 30, and what followed was a 70% rally that carried DOGE to its late July peak. That pattern now appears to be repeating. But this time, the move could be bigger. “Last time the price was $0.14 and now it’s around $0.20. Higher lows lead to higher highs,” Pax noted, suggesting stronger upside potential. A second leg up seems credible as smart money buys back into Dogecoin after profit taking saw whale holdings decline. Over the past 24 hours alone, whales have accumulated over 1 billion DOGE. Whales bought over one billion Dogecoin $DOGE in the last 24 hours! pic.twitter.com/qdGrIE6Gez — Ali (@ali_charts) August 6, 2025 New conviction from large holders could be a testament to further gains to come, using the dip as an opportunity to reposition. Dogecoin Price Analysis: Biggest Rally Coming? Dogecoin could be in for a bull run continuation as the breakout of a falling wedge opens the door for a return to its late July peak. DOGE / USDT 4-hour chart, falling wedge breakout. Source: TraidingView, Binance. Since Pax’s observation, the 4-hour RSI has bounced back from oversold territory to near neutral at 47, paving the way for a breakout of the wedge as buyers step back in. While the post-breakout momentum has stalled, the upper resistance of the pattern now holds as support. However, this footing could be weak as the MACD teeters on a potential death cross, moving tightly alongside the signal line. This opens the door to another retest of $0.19. A successful bounce from that level could form a double bottom, building a stronger base for reversal. For now, the uptrend shows staying power. If this momentum holds, Dogecoin could continue on the breakout path to $0.25 for a potential 24% gain from current prices. Should that level flip to support, the rally may extend toward the mid-July high at $0.2875 in a 38% gain, clearing a path for a continuation of the bull run. Much like the last time the RSI hit 30, it took a month for momentum to build. August could see continued consolidation as DOGE navigates the effects of new U.S. tariff duties on over 90 countries. Come September, a potential rate cut and the build-up to the spot DOGE ETF decision deadline in October could see renewed inflows. JUST IN: $DOGE ETF APPROVAL ODDS INCREASE TO 90% ON BLOOMBERG pic.twitter.com/2DPyXSjhOC — CEO (@Investments_CEO) July 1, 2025 As Altcoin Season Sentiment Stalls, Speculative Plays Still Rally While most large-cap coins now consolidate under weak buy pressure, low-cap meme coins like TROLL are posting 2x gains in a single day. On the speculative scene, attention is what attracts fresh retail flows. Few see as much mind share as “mission coins,” the purest form of meme coin, fueled purely by social momentum. We are at a pivot point. Dozens more launchpads will come. Millions of gamble coins will come and go. But only a handful of MISSION COINS will WIN. pic.twitter.com/rxsVfeux8A — Murad (@MustStopMurad) July 8, 2025 Token6900 ($T6900) is the latest chapter in that saga: no promises, no utility—you are the utility. It offers nothing, and yet it is everything you are looking for. Token6900 is your way out of the misery of a late-internet capitalist dystopia, to a fantasy where money is no longer in control of big institutions. Instead, the masses can now print their own currency, one inspired by 2000s nostalgia and fed by nothing but a desire to escape the ritual of the financially doomed: the 9-to-5. TOKEN6900 (T6900) presale website. The community is already growing and fast, raising over $1.6 million in the first weeks of presale as its earliest disciples are rewarded by passive income on staking, currently at a 37% APY. You can assimilate with Token6900 on X, Instagram, or join the presale on the Token6900 website. Click Here to Participate in the Presale The post Dogecoin Price Prediction: RSI Flashing Explosive Move Next – Biggest Rally Coming? appeared first on Cryptonews.

Dogecoin Price Prediction: RSI Flashing Explosive Move Next – Biggest Rally Coming?

The same technical setup that launched the first leg of the DOGE bull run is now repeating, but the Dogecoin price outlook could be even more bullish this time around.

While uncertainty around tariffs has dulled enthusiasm for riskier plays like meme coins, a 7% bounce since the start of the month could signal a new DOGE uptrend.

This move comes as the macro backdrop begins to shift in favor of risk assets. Speculators now expect up to three rate cuts before the end of the year, starting as soon as September.

FED CAN NOW DO 3 RATE CUTS BY
THE END OF 2025.

MORE LIQUIDITY = ALTSEASON pic.twitter.com/0Q8uwjjkrb

— Max (@MaxCryptoxx) August 5, 2025

Lower borrowing costs could stimulate new inflows into risk assets like cryptocurrencies, reviving altcoin season sentiment.

Could DOGE Be In for a Second, Larger Bull Run?

The early August turnaround could signal the second leg of Dogecoin’s bull run, with the technical setup now echoing the first, according to popular X analyst Kriss Pax.

DOGE/USDT 4-hour chart, RSI Breaches oversold threshold for the first time since June. Source: X, @Krisspax.

Back in June, the 4-hour RSI dipped into oversold territory below 30, and what followed was a 70% rally that carried DOGE to its late July peak. That pattern now appears to be repeating.

But this time, the move could be bigger. “Last time the price was $0.14 and now it’s around $0.20. Higher lows lead to higher highs,” Pax noted, suggesting stronger upside potential.

A second leg up seems credible as smart money buys back into Dogecoin after profit taking saw whale holdings decline. Over the past 24 hours alone, whales have accumulated over 1 billion DOGE.

Whales bought over one billion Dogecoin $DOGE in the last 24 hours! pic.twitter.com/qdGrIE6Gez

— Ali (@ali_charts) August 6, 2025

New conviction from large holders could be a testament to further gains to come, using the dip as an opportunity to reposition.

Dogecoin Price Analysis: Biggest Rally Coming?

Dogecoin could be in for a bull run continuation as the breakout of a falling wedge opens the door for a return to its late July peak.

DOGE / USDT 4-hour chart, falling wedge breakout. Source: TraidingView, Binance.

Since Pax’s observation, the 4-hour RSI has bounced back from oversold territory to near neutral at 47, paving the way for a breakout of the wedge as buyers step back in.

While the post-breakout momentum has stalled, the upper resistance of the pattern now holds as support.

However, this footing could be weak as the MACD teeters on a potential death cross, moving tightly alongside the signal line.

This opens the door to another retest of $0.19. A successful bounce from that level could form a double bottom, building a stronger base for reversal.

For now, the uptrend shows staying power. If this momentum holds, Dogecoin could continue on the breakout path to $0.25 for a potential 24% gain from current prices.

Should that level flip to support, the rally may extend toward the mid-July high at $0.2875 in a 38% gain, clearing a path for a continuation of the bull run.

Much like the last time the RSI hit 30, it took a month for momentum to build. August could see continued consolidation as DOGE navigates the effects of new U.S. tariff duties on over 90 countries.

Come September, a potential rate cut and the build-up to the spot DOGE ETF decision deadline in October could see renewed inflows.

JUST IN: $DOGE ETF APPROVAL ODDS INCREASE TO 90% ON BLOOMBERG pic.twitter.com/2DPyXSjhOC

— CEO (@Investments_CEO) July 1, 2025

As Altcoin Season Sentiment Stalls, Speculative Plays Still Rally

While most large-cap coins now consolidate under weak buy pressure, low-cap meme coins like TROLL are posting 2x gains in a single day.

On the speculative scene, attention is what attracts fresh retail flows. Few see as much mind share as “mission coins,” the purest form of meme coin, fueled purely by social momentum.

We are at a pivot point.

Dozens more launchpads will come.

Millions of gamble coins will come and go.

But only a handful of MISSION COINS will WIN. pic.twitter.com/rxsVfeux8A

— Murad (@MustStopMurad) July 8, 2025

Token6900 ($T6900) is the latest chapter in that saga: no promises, no utility—you are the utility. It offers nothing, and yet it is everything you are looking for.

Token6900 is your way out of the misery of a late-internet capitalist dystopia, to a fantasy where money is no longer in control of big institutions.

Instead, the masses can now print their own currency, one inspired by 2000s nostalgia and fed by nothing but a desire to escape the ritual of the financially doomed: the 9-to-5.

TOKEN6900 (T6900) presale website.

The community is already growing and fast, raising over $1.6 million in the first weeks of presale as its earliest disciples are rewarded by passive income on staking, currently at a 37% APY.

You can assimilate with Token6900 on X, Instagram, or join the presale on the Token6900 website.

Click Here to Participate in the Presale

The post Dogecoin Price Prediction: RSI Flashing Explosive Move Next – Biggest Rally Coming? appeared first on Cryptonews.
ChatGPT’s XRP Analysis: SEC Vote Looms, Will $214B ETF Ignite a Record-Breaking Rally?ChatGPT’s XRP analysis indicates consolidation strength at $2.98, marked by +0.78% gains, following Japan’s SBI Holdings filing for a $214 billion Bitcoin-XRP ETF. Trading above key 50-day, 100-day, and 200-day EMAs, with only the 20-day EMA at $3.02 providing minor resistance, XRP demonstrates a resilient bullish structure with a strong institutional foundation. ChatGPT’s XRP analysis synthesizes 20 real-time technical indicators, Japanese ETF developments, the SEC decision timeline, and the Korean institutional custody launch to assess XRP’s 90-day trajectory amid key regulatory inflection between consolidation continuation and explosive breakout momentum. Technical Analysis: Healthy Consolidation Above Key EMAs XRP’s current price of $2.98 reflects a steady +0.78% daily gain from the opening price of $2.96, establishing a tight trading range between $2.99 (high) and $2.90 (low). This controlled 2.9% intraday range demonstrates institutional accumulation typical of pre-breakout consolidation phases. Source: TradingView The RSI at 50.61 sits in perfect neutral territory with substantial room for upward movement without overbought conditions. Moving averages reveal strong positioning with XRP above most major EMAs: 50-day at $2.81 (-5.9%), 100-day at $2.60 (-12.9%), and 200-day at $2.35 (-21.1%), with only the 20-day EMA at $3.02 (+1.0%) providing resistance. This structure indicates healthy consolidation within an uptrend. Source: TradingView MACD shows mixed signs at -0.0557 below zero, but a positive histogram at 0.1023 suggests building momentum toward a potential bullish crossover. Volume analysis shows exceptional activity at 79.32 million XRP during consolidation, indicating sustained institutional interest. ATR at 2.20 suggests a high volatility environment with potential for strong moves as regulatory catalysts approach. Historical Context: Steady Recovery Following Summer Volatility XRP’s August performance demonstrates resilience with current consolidation building on July’s explosive rally to $3.10 despite broader market uncertainty. The steady positioning above $2.90 validates institutional confidence in regulatory resolution. January’s $3.40 start, followed by a spring correction to February’s $1.177 and extended consolidation through June at $2.18-$2.21, established a strong accumulation base. July’s breakthrough to $3.10 confirmed the resumption of the bullish structure. Source: TradingView August’s current consolidation between $2.70-$3.00 represents healthy digestion of July gains while maintaining elevation above historical resistance zones. Current pricing maintains a 23.25% discount to the all-time high while securing extraordinary 106,000%+ gains from 2014 lows, showing both remaining upside potential and proven capacity for institutional-grade appreciation through regulatory cycles. Support & Resistance: Strong Foundation Below Current Levels Immediate support emerges at today’s low around $2.90, reinforced by psychological support and proximity to the 50-day EMA at $2.81. This confluence provides primary defense with substantial EMA support layers below. Source: TradingView Resistance begins at the 20-day EMA around $3.02, followed by the July high at $3.10 and major resistance at $3.20-$3.40. Breaking above $3.02 could trigger momentum acceleration toward these higher targets. The technical setup suggests minimal downside risk with strong EMA support, while upside breakout above $3.02 could trigger rapid appreciation toward $3.20-$3.40 based on ETF momentum and regulatory clarity. SBI Holdings ETF: $214B Giant Enters XRP Market Japan’s SBI Holdings, managing $214 billion in assets, filed for a Bitcoin-XRP ETF launch, representing massive institutional validation for XRP’s payment infrastructure. @SBIHoldings has launched the Crypto Asset ETF and Digital Gold Crypto ETF, bringing dual Bitcoin-XRP and Bitcoin-gold exposure to the Tokyo Stock Exchange. #ETF #Japanhttps://t.co/jVXxTzO0J6 — Cryptonews.com (@cryptonews) August 6, 2025 The ETF filing demonstrates growing institutional recognition of XRP’s utility beyond speculative trading. The latest development follows a growing trend we’ve seen in 2025. JUST IN: GALAXY $GLXY OWNS $15 MILLION IN $XRP! pic.twitter.com/YdPz6K55V9 — Good Morning Crypto (@AbsGMCrypto) August 5, 2025 “Companies are increasingly diversifying across [alternative cryptocurrencies], treating them as strategic assets aligned with the evolving structure of digital finance,” Shawn Young, Chief Analyst at MEXC Research, noted. He shared with Cryptonews, asserting that “the current crypto bull cycle is not over, but it’s in a phase where macro uncertainty is seriously weighing in and muting market momentum.” ChatGPT’s XRP Analysis: SEC Decision Timeline Accelerates ChatGPT’s XRP analysis reveals key regulatory momentum with the SEC vote scheduled for August 7, potentially finalizing the appeal decision before the August 15 deadline. BREEEEEEEEAAKING#SEC VOTE ON #RIPPLE LAWSUIT SET FOR AUGUST 7 DECISION TO DROP THE APPEAL COULD LAND BEFORE AUGUST 15 IF CONFIRMED, THIS WOULD LOCK IN $XRP NON SECURITY STATUS pic.twitter.com/7XsseNANn4 — XRP Update (@XrpUdate) August 6, 2025 SEC decision timeline acceleration suggests internal pressure for resolution, favoring optimistic outcome scenarios. Market Fundamentals: Stable Metrics Amid Consolidation XRP maintains the third-largest cryptocurrency position with $176.96 billion market cap, demonstrating institutional stability during market uncertainty. The modest 0.06% market cap increase accompanies an 11.69% volume decline to $5.05 billion. Source: CoinMarketCap Circulating supply of 59.3 billion XRP represents 59.3% of the maximum 100 billion token supply, with controlled release supporting stability. Market dominance of 4.71% positions XRP as a major institutional cryptocurrency with substantial ecosystem recognition. Social Sentiment: Building Momentum Despite Consolidation LunarCrush data reveals improving social performance with XRP’s AltRank advancing to 405, indicating renewed community engagement. Galaxy Score of 55 reflects building positive sentiment around ETF developments and the SEC decision timeline. Engagement metrics show substantial activity with 9.96 million total engagements and 54.98K mentions (+22.02K). Social dominance of 3.8% demonstrates sustained attention during the consolidation phase. Sentiment registers at a robust 83% positive, reflecting community optimism around SBI ETF filing, SEC vote, and Korean custody launch. $XRP repeating 2017 if so we are in the final week before pic.twitter.com/dKAyVtECKu — papa (@mamagucci) August 5, 2025 Recent themes focus on bull flag patterns, $7-14 price targets, and institutional adoption acceleration. Three-Month XRP Price Forecast Scenarios Regulatory Clarity Breakout (50% Probability) SEC appeal resolution combined with SBI ETF approval could drive explosive appreciation toward $7.00-$10.00, representing 135-235% upside from current levels. Source: TradingView This scenario requires sustained volume above 100 million daily and a successful break above $3.42 resistance. Extended Consolidation (30% Probability) Delayed regulatory decisions could result in range-bound action between $2.70-$3.20, allowing technical indicators to reset while institutional positioning continues. Source: TradingView Support at EMA levels would provide accumulation opportunities. Correction on Regulatory Setbacks (20% Probability) Unexpected regulatory delays could trigger selling toward $2.60-$2.80 support levels, representing 10-15% downside. Source: TradingView Recovery would depend on institutional buying at EMA support and an eventual positive resolution. ChatGPT’s XRP Analysis: Regulatory Convergence Creates Opportunity ChatGPT’s XRP analysis reveals unprecedented convergence of regulatory resolution, institutional ETF adoption, and technical consolidation strength. Next Price Target: $7.00-$10.00 Within 90 Days The immediate trajectory requires a decisive break above $3.02 resistance to validate continued institutional momentum over consolidation. From there, regulatory clarity acceleration could propel XRP toward $7.00 psychological milestone, with sustained ETF adoption driving toward $10.00+ representing new cycle highs. However, failure to break $3.02 would indicate extended consolidation to $2.70-$2.90 range as the regulatory timeline extends, creating an optimal accumulation opportunity before the next regulatory victory wave. The post ChatGPT’s XRP Analysis: SEC Vote Looms, Will $214B ETF Ignite a Record-Breaking Rally? appeared first on Cryptonews.

ChatGPT’s XRP Analysis: SEC Vote Looms, Will $214B ETF Ignite a Record-Breaking Rally?

ChatGPT’s XRP analysis indicates consolidation strength at $2.98, marked by +0.78% gains, following Japan’s SBI Holdings filing for a $214 billion Bitcoin-XRP ETF.

Trading above key 50-day, 100-day, and 200-day EMAs, with only the 20-day EMA at $3.02 providing minor resistance, XRP demonstrates a resilient bullish structure with a strong institutional foundation.

ChatGPT’s XRP analysis synthesizes 20 real-time technical indicators, Japanese ETF developments, the SEC decision timeline, and the Korean institutional custody launch to assess XRP’s 90-day trajectory amid key regulatory inflection between consolidation continuation and explosive breakout momentum.

Technical Analysis: Healthy Consolidation Above Key EMAs

XRP’s current price of $2.98 reflects a steady +0.78% daily gain from the opening price of $2.96, establishing a tight trading range between $2.99 (high) and $2.90 (low).

This controlled 2.9% intraday range demonstrates institutional accumulation typical of pre-breakout consolidation phases.

Source: TradingView

The RSI at 50.61 sits in perfect neutral territory with substantial room for upward movement without overbought conditions.

Moving averages reveal strong positioning with XRP above most major EMAs: 50-day at $2.81 (-5.9%), 100-day at $2.60 (-12.9%), and 200-day at $2.35 (-21.1%), with only the 20-day EMA at $3.02 (+1.0%) providing resistance. This structure indicates healthy consolidation within an uptrend.

Source: TradingView

MACD shows mixed signs at -0.0557 below zero, but a positive histogram at 0.1023 suggests building momentum toward a potential bullish crossover.

Volume analysis shows exceptional activity at 79.32 million XRP during consolidation, indicating sustained institutional interest.

ATR at 2.20 suggests a high volatility environment with potential for strong moves as regulatory catalysts approach.

Historical Context: Steady Recovery Following Summer Volatility

XRP’s August performance demonstrates resilience with current consolidation building on July’s explosive rally to $3.10 despite broader market uncertainty.

The steady positioning above $2.90 validates institutional confidence in regulatory resolution.

January’s $3.40 start, followed by a spring correction to February’s $1.177 and extended consolidation through June at $2.18-$2.21, established a strong accumulation base. July’s breakthrough to $3.10 confirmed the resumption of the bullish structure.

Source: TradingView

August’s current consolidation between $2.70-$3.00 represents healthy digestion of July gains while maintaining elevation above historical resistance zones.

Current pricing maintains a 23.25% discount to the all-time high while securing extraordinary 106,000%+ gains from 2014 lows, showing both remaining upside potential and proven capacity for institutional-grade appreciation through regulatory cycles.

Support & Resistance: Strong Foundation Below Current Levels

Immediate support emerges at today’s low around $2.90, reinforced by psychological support and proximity to the 50-day EMA at $2.81. This confluence provides primary defense with substantial EMA support layers below.

Source: TradingView

Resistance begins at the 20-day EMA around $3.02, followed by the July high at $3.10 and major resistance at $3.20-$3.40. Breaking above $3.02 could trigger momentum acceleration toward these higher targets.

The technical setup suggests minimal downside risk with strong EMA support, while upside breakout above $3.02 could trigger rapid appreciation toward $3.20-$3.40 based on ETF momentum and regulatory clarity.

SBI Holdings ETF: $214B Giant Enters XRP Market

Japan’s SBI Holdings, managing $214 billion in assets, filed for a Bitcoin-XRP ETF launch, representing massive institutional validation for XRP’s payment infrastructure.

@SBIHoldings has launched the Crypto Asset ETF and Digital Gold Crypto ETF, bringing dual Bitcoin-XRP and Bitcoin-gold exposure to the Tokyo Stock Exchange. #ETF #Japanhttps://t.co/jVXxTzO0J6

— Cryptonews.com (@cryptonews) August 6, 2025

The ETF filing demonstrates growing institutional recognition of XRP’s utility beyond speculative trading.

The latest development follows a growing trend we’ve seen in 2025.

JUST IN: GALAXY $GLXY OWNS $15 MILLION IN $XRP! pic.twitter.com/YdPz6K55V9

— Good Morning Crypto (@AbsGMCrypto) August 5, 2025

“Companies are increasingly diversifying across [alternative cryptocurrencies], treating them as strategic assets aligned with the evolving structure of digital finance,” Shawn Young, Chief Analyst at MEXC Research, noted.

He shared with Cryptonews, asserting that “the current crypto bull cycle is not over, but it’s in a phase where macro uncertainty is seriously weighing in and muting market momentum.”

ChatGPT’s XRP Analysis: SEC Decision Timeline Accelerates

ChatGPT’s XRP analysis reveals key regulatory momentum with the SEC vote scheduled for August 7, potentially finalizing the appeal decision before the August 15 deadline.

BREEEEEEEEAAKING#SEC VOTE ON #RIPPLE LAWSUIT SET FOR AUGUST 7

DECISION TO DROP THE APPEAL COULD LAND BEFORE AUGUST 15

IF CONFIRMED, THIS WOULD LOCK IN $XRP NON SECURITY STATUS pic.twitter.com/7XsseNANn4

— XRP Update (@XrpUdate) August 6, 2025

SEC decision timeline acceleration suggests internal pressure for resolution, favoring optimistic outcome scenarios.

Market Fundamentals: Stable Metrics Amid Consolidation

XRP maintains the third-largest cryptocurrency position with $176.96 billion market cap, demonstrating institutional stability during market uncertainty. The modest 0.06% market cap increase accompanies an 11.69% volume decline to $5.05 billion.

Source: CoinMarketCap

Circulating supply of 59.3 billion XRP represents 59.3% of the maximum 100 billion token supply, with controlled release supporting stability.

Market dominance of 4.71% positions XRP as a major institutional cryptocurrency with substantial ecosystem recognition.

Social Sentiment: Building Momentum Despite Consolidation

LunarCrush data reveals improving social performance with XRP’s AltRank advancing to 405, indicating renewed community engagement.

Galaxy Score of 55 reflects building positive sentiment around ETF developments and the SEC decision timeline.

Engagement metrics show substantial activity with 9.96 million total engagements and 54.98K mentions (+22.02K).

Social dominance of 3.8% demonstrates sustained attention during the consolidation phase.

Sentiment registers at a robust 83% positive, reflecting community optimism around SBI ETF filing, SEC vote, and Korean custody launch.

$XRP repeating 2017 if so we are in the final week before pic.twitter.com/dKAyVtECKu

— papa (@mamagucci) August 5, 2025

Recent themes focus on bull flag patterns, $7-14 price targets, and institutional adoption acceleration.

Three-Month XRP Price Forecast Scenarios

Regulatory Clarity Breakout (50% Probability)

SEC appeal resolution combined with SBI ETF approval could drive explosive appreciation toward $7.00-$10.00, representing 135-235% upside from current levels.

Source: TradingView

This scenario requires sustained volume above 100 million daily and a successful break above $3.42 resistance.

Extended Consolidation (30% Probability)

Delayed regulatory decisions could result in range-bound action between $2.70-$3.20, allowing technical indicators to reset while institutional positioning continues.

Source: TradingView

Support at EMA levels would provide accumulation opportunities.

Correction on Regulatory Setbacks (20% Probability)

Unexpected regulatory delays could trigger selling toward $2.60-$2.80 support levels, representing 10-15% downside.

Source: TradingView

Recovery would depend on institutional buying at EMA support and an eventual positive resolution.

ChatGPT’s XRP Analysis: Regulatory Convergence Creates Opportunity

ChatGPT’s XRP analysis reveals unprecedented convergence of regulatory resolution, institutional ETF adoption, and technical consolidation strength.

Next Price Target: $7.00-$10.00 Within 90 Days

The immediate trajectory requires a decisive break above $3.02 resistance to validate continued institutional momentum over consolidation.

From there, regulatory clarity acceleration could propel XRP toward $7.00 psychological milestone, with sustained ETF adoption driving toward $10.00+ representing new cycle highs.

However, failure to break $3.02 would indicate extended consolidation to $2.70-$2.90 range as the regulatory timeline extends, creating an optimal accumulation opportunity before the next regulatory victory wave.

The post ChatGPT’s XRP Analysis: SEC Vote Looms, Will $214B ETF Ignite a Record-Breaking Rally? appeared first on Cryptonews.
Worldcoin Price Prediction: GPT‑5 Set to Drop Any Day – WLD About to Lead the AI Crypto SurgeThe Worldcoin price has dipped to $0.9384 today, with this fall coming as the cryptocurrency market as a whole also suffers minor losses. WLD is now down by 12.5% in a week and by 28% in a fortnight, and while the altcoin does retain a modest 5% gain in a month, it has also dropped by 45% in the past year. These are disappointing figures, yet things may be about to change for Worldcoin, with OpenAI set to unveil its latest LLM model, GPT-5, very soon. The release of GPT-5 could indirectly spur interest in the token, with Sam Altman being the co-founder of both Worldcoin and OpenAI Worldcoin Price Prediction: GPT‑5 Set to Drop Any Day – WLD About to Lead the AI Crypto Surge While Worldcoin and OpenAI are separate entities, it wouldn’t be the first time that OpenAI-related news boosts WLD’s price. Back in January of this year, the Worldcoin price surged from $1.89 to $2.27 in a couple of days, after newly inaugurated US President Donald Trump announced a $500 billion investment initiative in AI. Similarly, the coin rose by around 15% in April, after OpenAI announced that it would be teaming up with former Apple designer Jonny Ive. As such, there’s every chance that Worldcoin will rise strongly again as soon as ChatGPT 5 drops, and according to recent tweets from Sam Altman, this could be any day now. we have a lot of new stuff for you over the next few days! something big-but-small today. and then a big upgrade later this week. — Sam Altman (@sama) August 5, 2025 As he states in the tweet above (from yesterday), a “big upgrade” is coming “later this week.” Previous statements from Sam Altman have suggested that OpenAI expects “unprecedented demand” for GPT-5, meaning that the impact on the Worldcoin price could be significant. And if we look at the coin’s chart today, we see that it could benefit from a boost. Unlike many other top-100 coins, it didn’t really rebound that much during the end-of-July rally, while it has since dropped close to its lowest levels for the year. Source: TradingView One positive piece of spin to put on this is that it may be close to bottoming out, with its chief indicators also close to lows. Its RSI (yellow) is about to drop below 40, while its MACD (orange, blue) has turned negative, implying that a turnaround isn’t that far away. And given the imminent arrival of GPT-5, we could certainly see the Worldcoin price return to $1 and then $1.50 in the next few weeks. Assuming a favourable market, it could hit $2 by Q4 and $4 by the end of the year. Maxi Doge Nears $400,000 in Presale: This Could Be the Next Big Doge-Themed Coin For traders unconvinced by WLD, there’s currently a wealth of very promising new coins on the market, including several exciting presale tokens. One of the newest and most interesting of these is Maxi Doge (MAXI), an ERC-20 token that has now raised close to $400,000 in its presale. Given that it launched its sale only this week, this is already a very encouraging total for the coin, suggesting strong and growing interest. The premise of Maxi Doge is simple, which perhaps explains why it has accelerated out of the blocks so quickly. It’s a meme coin that will focus on building a community of likeminded traders, who it will encourage to bullishly invest in its own token and other alts. To this end, it will maintain several social channels (particularly on Telegram and Discord) through which it will host trading competitions and challenges, all of which will help to boost its reach and notoriety. It will also maintain a Maxi Fund, which amounts to 25% of its total supply (150.24 billion MAXI), and which it will use to fund partnerships and boost project exposure. Holders will be able to stake MAXI for a passive income, helping to make it a profitable token to hold. Investors can join its presale now by going to the Maxi Doge website and connecting a compatible wallet, such as MetaMask or Best Wallet. MAXI is currently available at $0.0002505, although this price will rise later today. Click Here to Participate in the Presale The post Worldcoin Price Prediction: GPT‑5 Set to Drop Any Day – WLD About to Lead the AI Crypto Surge appeared first on Cryptonews.

Worldcoin Price Prediction: GPT‑5 Set to Drop Any Day – WLD About to Lead the AI Crypto Surge

The Worldcoin price has dipped to $0.9384 today, with this fall coming as the cryptocurrency market as a whole also suffers minor losses.

WLD is now down by 12.5% in a week and by 28% in a fortnight, and while the altcoin does retain a modest 5% gain in a month, it has also dropped by 45% in the past year.

These are disappointing figures, yet things may be about to change for Worldcoin, with OpenAI set to unveil its latest LLM model, GPT-5, very soon.

The release of GPT-5 could indirectly spur interest in the token, with Sam Altman being the co-founder of both Worldcoin and OpenAI

Worldcoin Price Prediction: GPT‑5 Set to Drop Any Day – WLD About to Lead the AI Crypto Surge

While Worldcoin and OpenAI are separate entities, it wouldn’t be the first time that OpenAI-related news boosts WLD’s price.

Back in January of this year, the Worldcoin price surged from $1.89 to $2.27 in a couple of days, after newly inaugurated US President Donald Trump announced a $500 billion investment initiative in AI.

Similarly, the coin rose by around 15% in April, after OpenAI announced that it would be teaming up with former Apple designer Jonny Ive.

As such, there’s every chance that Worldcoin will rise strongly again as soon as ChatGPT 5 drops, and according to recent tweets from Sam Altman, this could be any day now.

we have a lot of new stuff for you over the next few days!

something big-but-small today.

and then a big upgrade later this week.

— Sam Altman (@sama) August 5, 2025

As he states in the tweet above (from yesterday), a “big upgrade” is coming “later this week.”

Previous statements from Sam Altman have suggested that OpenAI expects “unprecedented demand” for GPT-5, meaning that the impact on the Worldcoin price could be significant.

And if we look at the coin’s chart today, we see that it could benefit from a boost.

Unlike many other top-100 coins, it didn’t really rebound that much during the end-of-July rally, while it has since dropped close to its lowest levels for the year.

Source: TradingView

One positive piece of spin to put on this is that it may be close to bottoming out, with its chief indicators also close to lows.

Its RSI (yellow) is about to drop below 40, while its MACD (orange, blue) has turned negative, implying that a turnaround isn’t that far away.

And given the imminent arrival of GPT-5, we could certainly see the Worldcoin price return to $1 and then $1.50 in the next few weeks.

Assuming a favourable market, it could hit $2 by Q4 and $4 by the end of the year.

Maxi Doge Nears $400,000 in Presale: This Could Be the Next Big Doge-Themed Coin

For traders unconvinced by WLD, there’s currently a wealth of very promising new coins on the market, including several exciting presale tokens.

One of the newest and most interesting of these is Maxi Doge (MAXI), an ERC-20 token that has now raised close to $400,000 in its presale.

Given that it launched its sale only this week, this is already a very encouraging total for the coin, suggesting strong and growing interest.

The premise of Maxi Doge is simple, which perhaps explains why it has accelerated out of the blocks so quickly.

It’s a meme coin that will focus on building a community of likeminded traders, who it will encourage to bullishly invest in its own token and other alts.

To this end, it will maintain several social channels (particularly on Telegram and Discord) through which it will host trading competitions and challenges, all of which will help to boost its reach and notoriety.

It will also maintain a Maxi Fund, which amounts to 25% of its total supply (150.24 billion MAXI), and which it will use to fund partnerships and boost project exposure.

Holders will be able to stake MAXI for a passive income, helping to make it a profitable token to hold.

Investors can join its presale now by going to the Maxi Doge website and connecting a compatible wallet, such as MetaMask or Best Wallet.

MAXI is currently available at $0.0002505, although this price will rise later today.

Click Here to Participate in the Presale

The post Worldcoin Price Prediction: GPT‑5 Set to Drop Any Day – WLD About to Lead the AI Crypto Surge appeared first on Cryptonews.
Pepe Price Prediction: Trading Volume Crashes 90% – Is PEPE Going to $0?Pepe (PEPE) has seen its trading volume collapse in recent days, as the third-largest meme coin by market cap struggles under sustained bearish pressure. This sharp cooldown adds weight to a bearish PEPE price prediction, but the real question is, how much further could it fall? Data from CoinMarketCap shows that $2.2 billion worth of PEPE exchanged hands on July 18 as the price rose above $0.00001400. Less than a month later, only $400 million worth of the token was traded. As of yesterday, PEPE’s trading volumes closed at $600 million, meaning a 73% drop compared to that mid-July peak. Open interest in PEPE’s futures has experienced a dramatic drop as well. After hitting a record of $1 billion traded on July 22, the meme coin’s OI has now dropped to $590 million. In the past 7 days, this meme coin has dropped by 7.95% while its 30-day gains sit at just 2.8%. Despite the drop, PEPE has still managed to maintain a $2 billion distance from Pudgy Penguins (PENGU) at the third spot in the meme coin category and it is unlikely that the latter will flip it anytime soon. Pepe Price Prediction: PEPE Could Drop to $0.0000090 as Negative Momentum Accelerates Looking at the 4-hour chart, PEPE has bounced off the $0.000010 level recently. It has apparently made a double-bottom but this pattern has not been confirmed yet. For that to happen, the price would have to rise above $0.000011. This bounce could push PEPE to retest the nearest area of resistance at $0.00001175. However, the dominant trend is bearish, so there’s no evidence that supports a bullish PEPE price prediction even if the price recovers to this level. A break below $0.000010 will favor a bearish PEPE price prediction with a first target set at around $0.0000090. Although a move to $0 is highly unlikely, negative momentum dominates the price action at the time and could push this meme coin to its late-June lows. With much of the market pulling back, long-term investors face a choice — sit tight or take advantage of discounted prices. For those leaning into the opportunity, Best Wallet (BEST) is quickly becoming the go-to option for secure storage, and its crypto presale has already raised over $15 million to expand its ecosystem. Best Wallet (BEST) Offers Multichain Support and Low Fees for Swaps Best Wallet (BEST) is an innovative crypto wallet that supports assets within 60 different blockchains and offers low fees for token swaps. The project has rolled out powerful tools that set it apart from other wallet providers and position it as a serious player in the next wave of crypto adoption. One standout feature is the Upcoming Tokens tab, which gives users early access to the most promising presales before they go mainstream. But that’s just the beginning. The team is building a full ecosystem around the $BEST token, including a decentralized exchange (DEX) and a crypto debit card that lets users spend their assets in the real world. As the user base continues to grow, demand for $BEST is expected to surge, especially since holders get exclusive perks like reduced swap fees and access to premium features. To buy $BEST before its next price increase, head to the Best Wallet website and connect your wallet. If you don’t have one yet, you can download the Best Wallet app and purchase tokens by swapping USDT or ETH, or simply use a bank card to invest directly. Click Here to Participate in the Presale The post Pepe Price Prediction: Trading Volume Crashes 90% – Is PEPE Going to $0? appeared first on Cryptonews.

Pepe Price Prediction: Trading Volume Crashes 90% – Is PEPE Going to $0?

Pepe (PEPE) has seen its trading volume collapse in recent days, as the third-largest meme coin by market cap struggles under sustained bearish pressure.

This sharp cooldown adds weight to a bearish PEPE price prediction, but the real question is, how much further could it fall?

Data from CoinMarketCap shows that $2.2 billion worth of PEPE exchanged hands on July 18 as the price rose above $0.00001400. Less than a month later, only $400 million worth of the token was traded.

As of yesterday, PEPE’s trading volumes closed at $600 million, meaning a 73% drop compared to that mid-July peak.

Open interest in PEPE’s futures has experienced a dramatic drop as well. After hitting a record of $1 billion traded on July 22, the meme coin’s OI has now dropped to $590 million.

In the past 7 days, this meme coin has dropped by 7.95% while its 30-day gains sit at just 2.8%.

Despite the drop, PEPE has still managed to maintain a $2 billion distance from Pudgy Penguins (PENGU) at the third spot in the meme coin category and it is unlikely that the latter will flip it anytime soon.

Pepe Price Prediction: PEPE Could Drop to $0.0000090 as Negative Momentum Accelerates

Looking at the 4-hour chart, PEPE has bounced off the $0.000010 level recently. It has apparently made a double-bottom but this pattern has not been confirmed yet.

For that to happen, the price would have to rise above $0.000011. This bounce could push PEPE to retest the nearest area of resistance at $0.00001175.

However, the dominant trend is bearish, so there’s no evidence that supports a bullish PEPE price prediction even if the price recovers to this level.

A break below $0.000010 will favor a bearish PEPE price prediction with a first target set at around $0.0000090. Although a move to $0 is highly unlikely, negative momentum dominates the price action at the time and could push this meme coin to its late-June lows.

With much of the market pulling back, long-term investors face a choice — sit tight or take advantage of discounted prices.

For those leaning into the opportunity, Best Wallet (BEST) is quickly becoming the go-to option for secure storage, and its crypto presale has already raised over $15 million to expand its ecosystem.

Best Wallet (BEST) Offers Multichain Support and Low Fees for Swaps

Best Wallet (BEST) is an innovative crypto wallet that supports assets within 60 different blockchains and offers low fees for token swaps.

The project has rolled out powerful tools that set it apart from other wallet providers and position it as a serious player in the next wave of crypto adoption.

One standout feature is the Upcoming Tokens tab, which gives users early access to the most promising presales before they go mainstream.

But that’s just the beginning.

The team is building a full ecosystem around the $BEST token, including a decentralized exchange (DEX) and a crypto debit card that lets users spend their assets in the real world.

As the user base continues to grow, demand for $BEST is expected to surge, especially since holders get exclusive perks like reduced swap fees and access to premium features.

To buy $BEST before its next price increase, head to the Best Wallet website and connect your wallet.

If you don’t have one yet, you can download the Best Wallet app and purchase tokens by swapping USDT or ETH, or simply use a bank card to invest directly.

Click Here to Participate in the Presale

The post Pepe Price Prediction: Trading Volume Crashes 90% – Is PEPE Going to $0? appeared first on Cryptonews.
EV Platform CaoCao Taps Hong Kong’s RWA Boom to Monetize Green Mobility AssetsKey Takeaways: CaoCao signed a strategic cooperation agreement with Victory Securities to tokenize its green mobility assets through RWA structures. The collaboration covers stablecoin payments, asset-backed token issuance, and future compliant digital currency development. Robotaxi operations and battery-swapping stations will serve as the foundation for asset-backed financing products. CaoCao Inc., a Chinese electric vehicle mobility platform, has signed a strategic memorandum of cooperation with Hong Kong‑licensed Victory Securities, according to a report published on August 6. The partnership will focus on three areas: real‑world asset (RWA) tokenization, facilitating stablecoin payments, and supporting compliant digital currency issuance under Hong Kong’s regulatory framework. RWA Integration with Robotaxi Expansion CaoCao said the agreement will allow its core mobility assets to be connected with blockchain‑based financing structures. “This strategic cooperation with Victory Securities is a significant initiative for us to embrace the digital economy, lay the foundation for the large‑scale operation of Robotaxi in the future, and release the value of green mobility assets,” said Gong Xin, Executive Director and CEO of CaoCao Inc. “By connecting physical assets to digital finance through RWA, we can not only optimize capital efficiency and enhance liquidity, but also build innovative payment and value‑exchange infrastructure for a future travel service network that is highly automated and intelligent, thereby creating multi‑dimensional value,” said Gong. #Tokenized #RWA space has reached an ATH of $24.31 billion, moving from a “buzzword into a multi-billion-dollar financial system,” per @redstone_defi, @gauntlet_xyz, and @RWA_xyz.#crypto #blockchainhttps://t.co/bdsQCS4mwd — Cryptonews.com (@cryptonews) June 26, 2025 The company has been expanding its Robotaxi operations, with pilot services launched in Suzhou and Hangzhou earlier this year. Plans include deploying L4‑level custom autonomous vehicles and building a fully automated system covering vehicle maintenance and energy supply. Green Assets as Tokenization Targets All of CaoCao’s Robotaxi fleet uses renewable energy vehicles, which the company says have already cut over 3.1 million tons of carbon emissions. These vehicles, with their long‑duration operating profiles, are viewed as suitable RWA targets. Victory Securities’ role includes leveraging its fund management and virtual asset custody licenses in Hong Kong to support asset‑backed tokens tied to CaoCao’s EV fleet and green mobility infrastructure. CaoCao, incubated by the car manufacturer Geely Holding Group, completed 598 million ride‑hailing orders in 2024 and reported a 51.8% year‑on‑year increase in Q1 2025. It operates 435 battery‑swapping stations, generating recurring revenue and supporting its expanding autonomous fleet. The company said tokenizing its mobility assets will help attract global investors while ensuring transparent reserve management under Hong Kong regulations. Frequently Asked Questions (FAQs) How might tokenized green assets attract international investors? By providing standardized, blockchain‑verified data on emissions reductions and fleet performance, tokens could appeal to ESG‑focused funds abroad. Could tokenized mobility assets integrate with carbon credit markets? If structured correctly, tokens tied to fleet emissions data could be linked to verified carbon credit registries. How might this initiative influence other EV platforms in Asia? If successful, it may encourage peer platforms to explore similar RWA models, accelerating cross‑border use of blockchain in transport finance. The post EV Platform CaoCao Taps Hong Kong’s RWA Boom to Monetize Green Mobility Assets appeared first on Cryptonews.

EV Platform CaoCao Taps Hong Kong’s RWA Boom to Monetize Green Mobility Assets

Key Takeaways:

CaoCao signed a strategic cooperation agreement with Victory Securities to tokenize its green mobility assets through RWA structures.

The collaboration covers stablecoin payments, asset-backed token issuance, and future compliant digital currency development.

Robotaxi operations and battery-swapping stations will serve as the foundation for asset-backed financing products.

CaoCao Inc., a Chinese electric vehicle mobility platform, has signed a strategic memorandum of cooperation with Hong Kong‑licensed Victory Securities, according to a report published on August 6.

The partnership will focus on three areas: real‑world asset (RWA) tokenization, facilitating stablecoin payments, and supporting compliant digital currency issuance under Hong Kong’s regulatory framework.

RWA Integration with Robotaxi Expansion

CaoCao said the agreement will allow its core mobility assets to be connected with blockchain‑based financing structures.

“This strategic cooperation with Victory Securities is a significant initiative for us to embrace the digital economy, lay the foundation for the large‑scale operation of Robotaxi in the future, and release the value of green mobility assets,” said Gong Xin, Executive Director and CEO of CaoCao Inc.

“By connecting physical assets to digital finance through RWA, we can not only optimize capital efficiency and enhance liquidity, but also build innovative payment and value‑exchange infrastructure for a future travel service network that is highly automated and intelligent, thereby creating multi‑dimensional value,” said Gong.

#Tokenized #RWA space has reached an ATH of $24.31 billion, moving from a “buzzword into a multi-billion-dollar financial system,” per @redstone_defi, @gauntlet_xyz, and @RWA_xyz.#crypto #blockchainhttps://t.co/bdsQCS4mwd

— Cryptonews.com (@cryptonews) June 26, 2025

The company has been expanding its Robotaxi operations, with pilot services launched in Suzhou and Hangzhou earlier this year. Plans include deploying L4‑level custom autonomous vehicles and building a fully automated system covering vehicle maintenance and energy supply.

Green Assets as Tokenization Targets

All of CaoCao’s Robotaxi fleet uses renewable energy vehicles, which the company says have already cut over 3.1 million tons of carbon emissions. These vehicles, with their long‑duration operating profiles, are viewed as suitable RWA targets.

Victory Securities’ role includes leveraging its fund management and virtual asset custody licenses in Hong Kong to support asset‑backed tokens tied to CaoCao’s EV fleet and green mobility infrastructure.

CaoCao, incubated by the car manufacturer Geely Holding Group, completed 598 million ride‑hailing orders in 2024 and reported a 51.8% year‑on‑year increase in Q1 2025. It operates 435 battery‑swapping stations, generating recurring revenue and supporting its expanding autonomous fleet.

The company said tokenizing its mobility assets will help attract global investors while ensuring transparent reserve management under Hong Kong regulations.

Frequently Asked Questions (FAQs)

How might tokenized green assets attract international investors?

By providing standardized, blockchain‑verified data on emissions reductions and fleet performance, tokens could appeal to ESG‑focused funds abroad.

Could tokenized mobility assets integrate with carbon credit markets?

If structured correctly, tokens tied to fleet emissions data could be linked to verified carbon credit registries.

How might this initiative influence other EV platforms in Asia?

If successful, it may encourage peer platforms to explore similar RWA models, accelerating cross‑border use of blockchain in transport finance.

The post EV Platform CaoCao Taps Hong Kong’s RWA Boom to Monetize Green Mobility Assets appeared first on Cryptonews.
Best Wallet’s $14.5M ICO Surges as U.S. Crypto Ownership Soars – Will It Fuel the Next Boom?Leading Web3 non‑custodial wallet Best Wallet (BEST) has now raised $14.5 million in its ICO, as global crypto ownership continues to expand. A recent Gemini report shows that crypto adoption has grown substantially across all regions from 2024 to 2025. Since the approval of spot crypto ETFs in the US in early 2024, nearly two in five crypto owners now invest in them. Europe is also seeing strong growth, with 24% of UK respondents reporting crypto investments in 2025, up from 18% in 2024. The growth in just a year has been significant, and the broader crypto market is expected to keep expanding at a projected CAGR of 13.1% from 2025 to 2030. With this accelerating adoption, a Web3 wallet is essential for onboarding the next generation of users, and Best Wallet has built its platform to meet the market’s evolving needs. Investors looking to participate in the wallet’s growth can still join the presale, but time is limited. Only 32 hours remain before the current price of $0.025445 per BEST increases. Institutional Power and Retail Growth Reshape the 2025 Crypto Landscape The biggest driver of growth in 2025 continues to come from institutional players. Firms like Strategy have left a massive footprint in the industry, holding a Bitcoin stack worth about $72 billion and actively deploying financial strategies to increase their holdings. At the same time, retail participation is expanding. The Gemini report shows that while UK residents recorded the highest adoption rate in Europe, France also saw growth, with 21% of respondents in 2025 owning crypto compared to 18% in 2024. Asia mirrors this trend, with Singapore increasing to 28% ownership from 26% last year, and Australia reporting 22% ownership in 2025. And even before the GENIUS Act became law, sentiment was already improving. The survey – conducted from March 18 to April 10 – reflected growing confidence among crypto investors linked to U.S. President Donald Trump’s policies. Nearly a quarter of non‑crypto owners in the U.S. said the creation of the Strategic Bitcoin Reserve increased their confidence in crypto’s value. This is the same sentiment shared by respondents in the UK and Singapore. Interestingly, the report also highlights what drives many first‑time purchases: meme coins. France led this category, with 67% of crypto investors holding meme coins. Across other regions, a significant share of investors reported meme coins as their first crypto purchase, including 31% in the U.S., 28% in Australia and the UK, 23% in Singapore, 22% in Italy, and 19% in France. With institutional accumulation and retail growth reshaping the market, the crypto landscape is evolving rapidly. This new cycle will need wallets equipped to meet the demands of a broader user base, and Best Wallet is positioned with the features and readiness to serve that expanding market. Best Wallet Strengthens Transactional Efficiency and Security for a Growing User Base Best Wallet has consistently refined its features and transactional capabilities, lifting its status as a top choice in the crypto space and a leader in user adoption. The platform has grown to more than 250,000 monthly active users in just over a year, with each benefiting from its robust transaction infrastructure. 250K+ traders are locking in their edge with Best Wallet. Track new tokens, trade seamlessly, and manage your entire portfolio in one app. The market moves fast, and staying ahead means having the right tools. Download Now! https://t.co/he5kzra7TY pic.twitter.com/AMgOYRzFPf — Best Wallet (@BestWalletHQ) February 3, 2025 Through its integration with over 330 decentralized protocols and 30-plus cross‑chain bridges, Best Wallet delivers competitive pricing across more than 60 supported chains. Trading is also seamless through its in‑app decentralized exchange (DEX), with swaps powered by Rubic. This enables token swaps without manual bridging or wallet switching, in line with its multi‑chain approach. Onramping is equally streamlined, with MoonPay, Alchemy Pay, and several other supported fiat gateways providing more than 100 fiat options for direct crypto purchases. This is just one dimension of Best Wallet’s focus on cost‑efficient transactions. Looking ahead, the wallet plans to introduce gas‑token‑free transactions, which will further optimize trade execution. Yet, transactional efficiency means little without security. As a non‑custodial wallet, Best Wallet ensures users hold their own keys, while implementing Fireblocks’ MPC‑CMP technology to split private keys into encrypted shards stored across separate entities, removing any single point of failure. Additional safeguards include automatic scam filters that detect and hide malicious tokens, plus two‑factor authentication to secure app access. In phases three and four of their roadmap, Best Wallet will add Advanced Anti‑Fraud Protection and MEV Protection, respectively, to further strengthen user safeguards. Best Wallet Already Understood Meme Coins’ Role as a Gateway to Adoption The Best Wallet team has long recognized that meme coins are a major on‑ramp to crypto – well before the Gemini report confirmed it. This understanding drove the development of one of its most popular features: Upcoming Tokens. Upcoming Tokens functions as a project screener, identifying high‑potential tokens in their early funding stages. These early windows often represent the best opportunity to secure tokens at low entry prices before major exchange listings bring broader exposure and potential price increases. While Upcoming Tokens has flagged multiple winners in the meme coin space, it isn’t limited to memes alone. The tool reflects Best Wallet’s belief that meme coins are evolving, with the market now tilting toward projects that also offer utility. One standout example is Wall Street Pepe (WEPE), a utility‑focused meme coin that has maintained significant gains for months despite broader market slowdowns. In recent weeks, WEPE surged over 600% following news of its Solana integration – a performance widely covered by crypto outlets. Another highlight is Pepe Unchained (PEPU), a Layer‑2 meme coin that delivered gains of up to 700% for early adopters. In the past 24 hours alone, PEPU is up another 11%. More recently, Upcoming Tokens has listed Snorter Bot Token (SNORT), a Solana‑based Telegram trading bot for meme coins that has already raised $2.8 million. It has also flagged Maxi Doge (MAXI) and TOKEN6900 (T6900) as meme coins to watch. With tools like Upcoming Tokens, Best Wallet not only meets the needs of fast and convenient trading, but also places itself at the center of what continues to drive crypto adoption: the meme coin market. For traders seeking reliable access to early listings and competitive execution, it has quickly become a go‑to choice for those looking for the best crypto wallet experience in the space. BEST Utility Grows Alongside Best Wallet’s Expanding Platform To power the Best Wallet ecosystem, its native token BEST serves as the key to unlocking core features, from cost‑efficient transactions to early access to new meme coin listings. As Best Wallet continues to introduce new capabilities, the role of BEST will expand, increasing its utility and value within the platform. With an already substantial active user base, the usage and demand for BEST are projected to grow even further. For those securing tokens before the presale closes, this is a prime opportunity to get ahead of exchange listings. Best Wallet’s recognition by WalletConnect for its user experience, combined with increased visibility from future listings, strengthens its appeal to early participants. Early adopters can join now by heading to the Best Wallet presale site and purchasing BEST directly in‑app using a bank card, or by swapping ETH or USDT. Best Wallet is available for download on both Google Play and the Apple App Store. Stay connected with the community on X, Telegram, and Discord. Click Here to Participate in the Presale The post Best Wallet’s $14.5M ICO Surges as U.S. Crypto Ownership Soars – Will It Fuel the Next Boom? appeared first on Cryptonews.

Best Wallet’s $14.5M ICO Surges as U.S. Crypto Ownership Soars – Will It Fuel the Next Boom?

Leading Web3 non‑custodial wallet Best Wallet (BEST) has now raised $14.5 million in its ICO, as global crypto ownership continues to expand.

A recent Gemini report shows that crypto adoption has grown substantially across all regions from 2024 to 2025. Since the approval of spot crypto ETFs in the US in early 2024, nearly two in five crypto owners now invest in them. Europe is also seeing strong growth, with 24% of UK respondents reporting crypto investments in 2025, up from 18% in 2024.

The growth in just a year has been significant, and the broader crypto market is expected to keep expanding at a projected CAGR of 13.1% from 2025 to 2030.

With this accelerating adoption, a Web3 wallet is essential for onboarding the next generation of users, and Best Wallet has built its platform to meet the market’s evolving needs.

Investors looking to participate in the wallet’s growth can still join the presale, but time is limited. Only 32 hours remain before the current price of $0.025445 per BEST increases.

Institutional Power and Retail Growth Reshape the 2025 Crypto Landscape

The biggest driver of growth in 2025 continues to come from institutional players. Firms like Strategy have left a massive footprint in the industry, holding a Bitcoin stack worth about $72 billion and actively deploying financial strategies to increase their holdings.

At the same time, retail participation is expanding. The Gemini report shows that while UK residents recorded the highest adoption rate in Europe, France also saw growth, with 21% of respondents in 2025 owning crypto compared to 18% in 2024.

Asia mirrors this trend, with Singapore increasing to 28% ownership from 26% last year, and Australia reporting 22% ownership in 2025.

And even before the GENIUS Act became law, sentiment was already improving. The survey – conducted from March 18 to April 10 – reflected growing confidence among crypto investors linked to U.S. President Donald Trump’s policies.

Nearly a quarter of non‑crypto owners in the U.S. said the creation of the Strategic Bitcoin Reserve increased their confidence in crypto’s value. This is the same sentiment shared by respondents in the UK and Singapore.

Interestingly, the report also highlights what drives many first‑time purchases: meme coins.

France led this category, with 67% of crypto investors holding meme coins. Across other regions, a significant share of investors reported meme coins as their first crypto purchase, including 31% in the U.S., 28% in Australia and the UK, 23% in Singapore, 22% in Italy, and 19% in France.

With institutional accumulation and retail growth reshaping the market, the crypto landscape is evolving rapidly. This new cycle will need wallets equipped to meet the demands of a broader user base, and Best Wallet is positioned with the features and readiness to serve that expanding market.

Best Wallet Strengthens Transactional Efficiency and Security for a Growing User Base

Best Wallet has consistently refined its features and transactional capabilities, lifting its status as a top choice in the crypto space and a leader in user adoption.

The platform has grown to more than 250,000 monthly active users in just over a year, with each benefiting from its robust transaction infrastructure.

250K+ traders are locking in their edge with Best Wallet.

Track new tokens, trade seamlessly, and manage your entire portfolio in one app.

The market moves fast, and staying ahead means having the right tools.

Download Now! https://t.co/he5kzra7TY pic.twitter.com/AMgOYRzFPf

— Best Wallet (@BestWalletHQ) February 3, 2025

Through its integration with over 330 decentralized protocols and 30-plus cross‑chain bridges, Best Wallet delivers competitive pricing across more than 60 supported chains.

Trading is also seamless through its in‑app decentralized exchange (DEX), with swaps powered by Rubic. This enables token swaps without manual bridging or wallet switching, in line with its multi‑chain approach.

Onramping is equally streamlined, with MoonPay, Alchemy Pay, and several other supported fiat gateways providing more than 100 fiat options for direct crypto purchases.

This is just one dimension of Best Wallet’s focus on cost‑efficient transactions. Looking ahead, the wallet plans to introduce gas‑token‑free transactions, which will further optimize trade execution.

Yet, transactional efficiency means little without security. As a non‑custodial wallet, Best Wallet ensures users hold their own keys, while implementing Fireblocks’ MPC‑CMP technology to split private keys into encrypted shards stored across separate entities, removing any single point of failure.

Additional safeguards include automatic scam filters that detect and hide malicious tokens, plus two‑factor authentication to secure app access.

In phases three and four of their roadmap, Best Wallet will add Advanced Anti‑Fraud Protection and MEV Protection, respectively, to further strengthen user safeguards.

Best Wallet Already Understood Meme Coins’ Role as a Gateway to Adoption

The Best Wallet team has long recognized that meme coins are a major on‑ramp to crypto – well before the Gemini report confirmed it. This understanding drove the development of one of its most popular features: Upcoming Tokens.

Upcoming Tokens functions as a project screener, identifying high‑potential tokens in their early funding stages. These early windows often represent the best opportunity to secure tokens at low entry prices before major exchange listings bring broader exposure and potential price increases.

While Upcoming Tokens has flagged multiple winners in the meme coin space, it isn’t limited to memes alone. The tool reflects Best Wallet’s belief that meme coins are evolving, with the market now tilting toward projects that also offer utility.

One standout example is Wall Street Pepe (WEPE), a utility‑focused meme coin that has maintained significant gains for months despite broader market slowdowns. In recent weeks, WEPE surged over 600% following news of its Solana integration – a performance widely covered by crypto outlets.

Another highlight is Pepe Unchained (PEPU), a Layer‑2 meme coin that delivered gains of up to 700% for early adopters. In the past 24 hours alone, PEPU is up another 11%.

More recently, Upcoming Tokens has listed Snorter Bot Token (SNORT), a Solana‑based Telegram trading bot for meme coins that has already raised $2.8 million. It has also flagged Maxi Doge (MAXI) and TOKEN6900 (T6900) as meme coins to watch.

With tools like Upcoming Tokens, Best Wallet not only meets the needs of fast and convenient trading, but also places itself at the center of what continues to drive crypto adoption: the meme coin market.

For traders seeking reliable access to early listings and competitive execution, it has quickly become a go‑to choice for those looking for the best crypto wallet experience in the space.

BEST Utility Grows Alongside Best Wallet’s Expanding Platform

To power the Best Wallet ecosystem, its native token BEST serves as the key to unlocking core features, from cost‑efficient transactions to early access to new meme coin listings.

As Best Wallet continues to introduce new capabilities, the role of BEST will expand, increasing its utility and value within the platform. With an already substantial active user base, the usage and demand for BEST are projected to grow even further.

For those securing tokens before the presale closes, this is a prime opportunity to get ahead of exchange listings. Best Wallet’s recognition by WalletConnect for its user experience, combined with increased visibility from future listings, strengthens its appeal to early participants.

Early adopters can join now by heading to the Best Wallet presale site and purchasing BEST directly in‑app using a bank card, or by swapping ETH or USDT.

Best Wallet is available for download on both Google Play and the Apple App Store.

Stay connected with the community on X, Telegram, and Discord.

Click Here to Participate in the Presale

The post Best Wallet’s $14.5M ICO Surges as U.S. Crypto Ownership Soars – Will It Fuel the Next Boom? appeared first on Cryptonews.
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