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XRP is showing signs of weakness following a notable pullback from its recent high as bearish indicators and whale offloading warn of deeper risk. Summary Analyst flags a sell signal and MVRV death cross on XRPs 3-day chartWhales have sold over 720M XRP, adding downside pressureXRP must hold $2.80 to avoid further drop toward $2.48 XRP (XRP) is trading at $2.94, down 3.7% in the last 24 hours and nearly 19% off its all-time high of $3.65 set on July 18. While still u

Crypto wallet provider Phantom has acquired Solsniper, the AI memecoin trading and analytics platform built on the Solana blockchain. Summary Solana-based crypto wallet Phantom has acquired Solsniper as it looks to expand its focus from wallet-only services.Solsniper specializes in tracking token launches, wallet activity, and market movements.The memecoin market on Solana remains active, with popular tokens like PENGU, BONK and TRUMP leading the way. The acquisitio

In July, the stablecoin market hit a record $261 billion, with non-USD stablecoins quietly surpassing $1B in total market cap. However, CBDC developments showed a mixed picture, with some countries advancing pilots while others pushing back. Summary Stablecoins hit a new ATH market cap in July though their market dominance dipped as broader crypto assets rallied.Falcon Finance’s USDf surged 121% to enter the top 10 stablecoins.Non-USD stablecoins surpassed $1B in market

An important era has begun for Bitcoin. There is more conjecture than ever before regarding its future, particularly in terms of its potential in 2030, given its recent all-time highs exceeding $120,000 and increasing institutional legitimacy. Summary The current price of Bitcoin is between $114,400 and $118,000, which is a little lower than its peak of $122,800 in mid-July. The markets stability and strong institutional backing suggest that this is a mature bull cycl

Mantle staged a strong rally on Aug. 6, driven by surging network activity and large ETH reserve backing, while the broader crypto market remained under pressure from macroeconomic headwinds. Summary Mantle rose 20% on Aug. 6 to $0.934, bucking a broader market downturn.MNT has confirmed a breakout from an inverse head and shoulders, a bullish reversal pattern.On-chain data shows that stablecoin supply and active users on the network have surged over the past weeks.

Justin Suns first JST-stablecoin on the TRX ecosystem, USDJ, will formally end its services at the end of August. Heres what we know so far about the permanent wind-down. Summary The first JST-stablecoin on the Justin Sun-backed TRX ecosystem is shutting down after five years.Holders are urged to exchange the asset with another stablecoin before the deadline on August 31, 2025. In a recent post, the JUST DAO reminded holders to migrate their remaining USDJ as soon as

An ongoing portfolio shuffle by the asset manager and ETF issuer is pointing to signs of a looming sell-off. Summary BlackRock-owned wallets recently moved 2,544 BTC and 101,975 ETH to Coinbase Prime.The transfers comes as Bitcoin and Ethereum ETFs face billions in outflows.The broader crypto market is in the red, with altcoins and memecoins posting fresh losses. On August 5, blockchain trackers spotlighted major transfers from wallets linked to BlackRock, showing 2,

South Koreas first Korean won-backed stablecoin was recently launched in a test run by fanC in collaboration with financial software firm Initech. Could this be the start of Koreas stablecoin bid? Summary fanC and Initech have launched the first Korean won-backed stablecoin pilot.Major fintech and crypto-related firms in South Korea have been gearing up to be the first to publicly launch the first Korean won-pegged stablecoin. On August 5, fanC and Initech unveiled K

Multiple countries, including Indonesia and Brazil, are now exploring the creation of strategic Bitcoin reserves to strengthen economic resilience and modernize financial infrastructure. Summary Bitcoin Indonesia met with the Vice President’s office to present proposals outlining a Bitcoin reserve strategy.Brazil’s Congress will hold a public hearing on Aug. 20 to debate a bill allowing Bitcoin to be held in national reserves. Will Indonesia establish a strategic Bit

Jupiter has launched the private beta of Jupiter Lend, its long-awaited decentralized lending platform built on Solana. Summary Jupiter Lend private beta went live Aug. 6 with caps, limited assets, and safety-first rollout.Offers 95% LTV, near-zero liquidation penalties, and simple yield vaults.Public launch later in August with more features, vaults, and incentives. The rollout, announced Aug. 6, is available to users who joined the early access waitlist, with a fu