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Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, believes that Ethereum (ETH) and related corporate treasuries remain undervalued despite recent inflows. In emailed comments on Tuesday, he called the recent two-day sell-off “a great entry point” for investors. He reaffirmed his bullish ETH outlook, hitting a $7,500 target by year-end, a 68% jump…

Google Cloud is advancing into blockchain infrastructure with the development of a Layer-1 platform, the Google Cloud Universal Ledger (GCUL). The system is designed for financial institutions and aims to support tokenized assets, settlements and Python-based smart contracts. The initiative, now running on a private testnet, was first revealed in March through a joint pilot…

XRP futures on CME Group has now crossed the $1b open interest milestone, becoming the fastest crypto contract to do so, just three months after launch. The achievement shows growing institutional appetite for regulated exposure to digital assets. CME said its wider crypto futures suite has now surpassed $30b in notional open interest for the…

Nvidia (NVDA) aims to advance in wave (5), targeting $189 or higher. The rally to $185.22 completed wave (3). A pullback in wave (4) formed a zigzag Elliott Wave pattern. From wave (3), wave A dropped to $170.89. Wave B peaked at $184.48, and wave C fell to $168.01, showing an impulsive structure on the…

Bitcoin is at $111,700, up 1.75% in the last 24 hours, with a market cap of $2.22 trillion. Behind the numbers, institutional and government activity is shaping Bitcoin as a global reserve asset. Blockchain analytics firm Arkham Intelligence found the UAE government has over 6,300 BTC, worth around $700 million, acquired directly through state-backed mining…

Donald Trump Jr. has joined the advisory board of blockchain-based prediction market Polymarket after his venture capital firm, 1789 Capital, made a major investment in the fast-growing platform. The deal, announced in a press release on Wednesday, shows both Polymarket’s ambitions to expand its global footprint and 1789 Capital’s push into crypto infrastructure and alternative…

Bitcoin is trading at $110,360, down over 1.15% in the last 24 hours as traders eye the $112,000 support zone. With a live market cap of $2.19 trillion and nearly 19.9 million BTC in circulation, Bitcoin is still the largest cryptocurrency, but the short-term picture is bearish. Analysts say Bitcoin is “hanging by a thread”…

Caroline Pham, acting chair of the Commodity Futures Trading Commission (CFTC), may join crypto payments company MoonPay once a new chairman of the regulator is confirmed, Crypto In America host Eleanor Terrett revealed in an August 25 X post. Is MoonPay Next for Caroline Pham? According to Terrett’s Monday social media post, the financial technology…

Japanese crypto enthusiasts may have to wait until the spring of 2027 to see a Bitcoin ETF launch, a KPMG Japan executive has claimed. Per the Japanese media outlet Coin Post, the comments came from Kenji Hoki, the head of the accounting giant’s web3 and fintech department. Hoki was speaking at the WebX2025 summit in…

The United States government is preparing to publish official economic statistics, including GDP data, on the blockchain in what could become one of the largest adoptions of decentralized technology by a federal agency. Commerce Secretary Howard Lutnick announced the plan during a White House Cabinet meeting on Tuesday, telling President Donald Trump: “The Department of…