Bitcoin financial services firm Fold could address its Nasdaq share-price problem through a potential reverse split, but the company’s shrinking Bitcoin reserve raises a separate question about how it will fund operations. The company’s Aug. 11 quarterly filing reported that, as of June 30, Fold held 194 BTC worth $11.4 million in its investment treasury…
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.
Pi Network’s native token, which has been on a major downfall over the past several months, is among the top-performing cryptocurrencies today (August 12). Its resurgence comes amid rumors that the controversial project has completed yet another ecosystem update. PI Rises The token’s price jumped by 4% over the past 24 hours to reach almost…
In this week’s Crypto Long & Short, LMAX Group’s Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by settlement cycles while risk reprices by the minute. She makes the case that stablecoins and tokenization are quietly becoming the plumbing that lets money…
eToro’s users executed 1.4 million crypto trades in July, down 73% from a year earlier. The average amount invested per trade halved to $182. In the same Aug. 11 update, the trading platform agreed to pay consideration of up to $231 million for TradeZero. TradeZero is a US-focused brokerage serving active stock traders. The combination…
XRP slipped below $1 as leverage rebuilt and selling pressure deepened across the market. Data from CryptoSlate showed that the digital asset fell as low as $0.99 during the session, its weakest level since November 2024, when Donald Trump won the US presidential election. The move unwinds one of the most important thresholds from XRP’s post-election…
XRP’s price has remained under pressure, alongside the choppy price action seen across other major crypto assets. It has struggled throughout the summer, shedding almost 30% since mid-May. But the slump hasn’t stopped whale wallets from growing. Biggest Wallets Are Quietly Growing According to Santiment’s latest analysis, the number of wallets holding at least 1…
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.
If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital’s Rachel Anderika.
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined.