Babar Khan - Beykaaf

Today’s top cryptocurrency developments include #Paxos applying for a #U.S. national trust bank charter to expand its #stablecoin and asset management capabilities.

Terraform Labs founder Do Kwon facing U.S. #fraud charges over the $40 billion collapse of #TerraUSD and Luna.

Trump-backed World Liberty Financial launching a $1.5 billion crypto treasury in partnership with Nasdaq-listed ALT5 Sigma, aiming to bolster its cryptocurrency $WLFI and strengthen financial operations.

Today, August 11, 2025, the #crypto market is surging, with $BTC trading near $122,000—close to its all-time high—and Ethereum up 28% this month after SharpLink invested $200 million into $ETH , fueled by institutional demand and clearer regulations. $XRP l is gaining market share and decoupling from BTC and ETH, while analysts expect some ETH profits to rotate back into Bitcoin. Regulatory momentum continues as the #U.S. explores integrating crypto into 401(k)s and mortgages, though leadership shifts with the resignation of Bo Hines, Trump’s top crypto adviser. Industry voices remain divided, with some hailing Bitcoin’s utility and others warning of “Ethereum killers,” as mainstream finance deepens its embrace of digital assets.


What do you think about today's market overall

Here’s how the top 3 important crypto news from today that could impact coin prices in the coming week for you

1. SEC Ends Lawsuit Against Ripple ($XRP )

Immediate Impact: Likely strong bullish pressure on XRP - #traders love regulatory clarity. Expect heavy trading volume and possible double-digit percentage gains short-term.

Market-Wide Effect: This sets a precedent that could benefit other #altcoins facing U.S. regulation uncertainty, possibly lifting the whole alt market.

2. Global #crypto Market Hits $4 Trillion

Immediate Impact: Psychological milestone → attracts more retail investors fearing they’ll miss the next run.

Market-Wide Effect: Institutional inflows might accelerate, benefiting large-cap coins like $BTC , $ETH and SOL first, then trickling down to mid-caps and smaller altcoins.

3. Binance Partners with BBVA for Crypto Custody

Immediate Impact: Boosts trust among big investors who prefer bank-level security for their holdings.

Market-Wide Effect: Could trigger more banks to explore similar partnerships, improving liquidity and long-term stability — especially for BTC and ETH, which institutions prefer.

#bitcoin ($4.2K) could climb to $4.4K–$4.6K if it sustains its technical breakout, and #xrp (~$3.21) has bullish momentum from its SEC settlement, potentially rallying to $3.50–$4.00, with all three benefiting from the broader $4T crypto market surge.

$PROVE is booming.
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PROVE/USDT is currently trading between roughly $1.48 to $1.58 across major platforms.

It's seen explosive growth—up 34% to 55% within 24 hours—with its all-time high (~1.59 USDT) hit today.

Expect volatility and spreads due to differing liquidity across exchanges.

#PROVEUSDT #Binance