In Brief Ripple ranks as the 23rd most valuable private firm globally, with a $15 billion valuation, boosting investor sentiment for XRP’s rebound. XRP shows bullish signals with strong RSI momentum and key support at $2.7346, targeting resistance near the $3.65 zone. A break above $3.5527 could confirm upside continuation, but loss of $2.6168 support…
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In Brief Bitcoin fell 4% amid Fed resistance to rate cuts and a shocking NFP miss, with revised data showing a 5-year low in job creation. Spot ETF inflows reversed sharply, with Ethereum-related equities and crypto prices tumbling despite bullish corporate accumulation. Market sentiment hinges on US stock recovery; further declines may force a policy…
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In Brief Justin Sun became the youngest Chinese astronaut, completing Blue Origin’s NS-34 mission after a $28M bid won in 2021. His spaceflight triggered the “Overview Effect,” leading Sun to call for stronger global efforts to protect Earth. The Tron founder donated to Club for the Future, aiming to inspire youth in STEM and promote…
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In Brief XRP’s falling Estimated Leverage Ratio (ELR) signals a decline in investor confidence and reduced risk appetite. Negative netflows exceeding $222 million show persistent sell-side dominance and weak buy-side support for XRP. If support at $2.71 fails, XRP could experience a sharper decline to $2.50, though a breakout above $3 could trigger a rally.…
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In Brief A CurveDAO contributor has proposed halting Curve Finance’s expansion into Ethereum Layer 2 networks, citing low returns and high maintenance costs. The proposal argues that Curve earns significantly more on Ethereum mainnet and should refocus its efforts on crvUSD and core infrastructure. However, the Curve core team has publicly distanced itself from the…
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In Brief Arkham uncovers a 2020 hack on LuBian mining pool involving 127,426 BTC. The stolen Bitcoin is now worth $14.5 billion, making it the biggest crypto hack ever. LuBian never disclosed the breach; funds remain with the hacker to this day. A massive Bitcoin heist from December 2020 has just been exposed, making it…
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In Brief The Strategic Ethereum Reserve has surpassed $10 billion, experiencing a 50x growth in just four months as institutional interest in ETH grows. Institutional entities like BitMine, SharpLink, and BTCS Inc. are rapidly acquiring ETH, with major firms pushing for more exposure to the asset. Ethereum’s decentralized structure and consistent security make it a…
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In Brief SEC’s new ETF framework centers on crypto futures contracts, enabling broader crypto ETF approvals, particularly for altcoins. Only cryptocurrencies with at least six months of futures contracts on Coinbase or CME are eligible for ETFs, simplifying approval. Despite the new rule, meme coins and smaller assets without futures markets face more complex paths…
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In Brief Kraken’s Q2 2025 revenue grew 18% YoY to $411.6 million but dropped 13% from Q1, impacted by market instability and seasonal trends. Robinhood saw a 98% YoY increase in crypto revenue to $160 million, though it declined 37% from Q1. Both platforms showed resilience, with Kraken expanding product offerings and Robinhood advancing tokenization…
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In Brief ZORA’s price surged to an all-time high after a 360% rally, fueled by Binance Futures support and Base App integration. Increased user engagement and platform activity contributed to ZORA’s market cap growth from $35 million to $300 million. ZORA saw a spike in social media mentions and creator activity, signaling growing interest and…
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