XRP’s 90-day moving average whale flow has shifted dramatically into negative territory, indicating renewed distribution activity among major holders, a development that typically precedes bearish price movements. Data from CryptoQuant reveals a similar distribution pattern emerged during January and February, when XRP peaked near $3.45 before experiencing substantial whale selling pressure. This activity ultimately drove…
Categoria: Uncategorized
DL Holdings Announces $83M Blockchain-Focused Fundraising Plan, Shares Drop 8%
DL Holdings has unveiled a HK$653.3 million ($83.2 million) capital raise to fund a broad push into blockchain and crypto-related ventures, an announcement that sent its shares down more than 8% on Thursday. Key Takeaways: DL Holdings is raising $83.2M to fund blockchain and crypto ventures through a share placement deal. The move dilutes 13.6%…
Coinbase Introduces 0.1% Fee on USDC Swaps Over $5M After Missing Revenue Targets
Coinbase will charge a 0.1% fee on USDC-to-USD conversions exceeding $5 million within 30-day periods starting August 13, marking the first time the exchange has monetized its previously free stablecoin off-ramping service. The move follows disappointing Q2 earnings that triggered a 15% stock decline and prompted the company to announce plans for a $2 billion…
Hackers Exploit Old YouTube Accounts to Promote Crypto Drain Scams: Report
Hackers are hijacking older YouTube accounts to promote a crypto scam disguised as a trading bot, according to a new report from cybersecurity firm SentinelLABS. Key Takeaways: Hackers are using old YouTube accounts to promote crypto-draining bots disguised as trading tools. The smart contracts link to scammer wallets, enabling fund theft once victims deposit ETH….
Bitcoin ETFs Snap 4-Day Outflow Streak With $91.5M Inflows
US spot Bitcoin exchange-traded funds (ETFs) broke a four-day outflow streak on Wednesday, posting $91.5 million in net inflows, according to data from SoSoValue. Key Takeaways: US spot Bitcoin ETFs rebounded with $91.5M in net inflows, breaking a four-day outflow streak. BlackRock’s IBIT led the recovery, while ARK & 21Shares’ ARKB was the only major…
KakaoBank Mulls South Korean Won-Backed Stablecoin Launch by 2025: Report
South Korean KakaoBank is reportedly entering the growing stablecoin market with plans to launch a KRW-backed stablecoin this year. The company CFO Kwon Tae-hoon said at KakaoBank’s first-half 2025 earnings call on Tuesday that the bank is “reviewing various methods such as issuance and custody related to the digital asset ecosystem.” “We plan to engage…
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…
[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – Bitcoin Drifts in Fragile Range as Layer2 and RWA Tokens Outperform
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…
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…
GDX Elliott Wave Outlook: Strong Wave 3 Surge with $58 3 Target
The Gold Miners ETF (GDX) continues its upward trajectory, forming a pattern of higher highs and higher lows since its September 2022 bottom, signaling a robust bullish market. From the July 17, 2025 low, GDX has embarked on a five-wave impulse Elliott Wave structure in the shorter cycle. The hourly chart shows wave (1) peaking…