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Introduction XRP’s market position in 2025: A top-10 cryptocurrency by market…
Chainlink is gaining momentum as whale wallets quietly expand their holdings, adding more than 0.5% of the token’s supply in just over a week. Summary LINK up 13% in 24h, trading near $18.89 with strong volume growth.Whales added 0.67% of supply in August, backed by major network upgrades.Technicals favor bulls, with $20+ in sight if resistance breaks. Chainlink (LINK) was trading at $18.89 at press time, up 13% in the past 24 hours, extending its seven-day gain to
Gemini co-founders Cameron and Tyler Winklevoss have made an undisclosed investment in American Bitcoin Corp., a mining firm partly owned by US President Donald Trump’s sons Eric and Donald Jr. Summary Cameron and Tyler Winklevoss invested an undisclosed amount in American Bitcoin Corp., partly owned by Eric and Donald Trump Jr.The investment was part of a $220 million private placement that included both cash and Bitcoin.American Bitcoin plans to go public via a merger
Animoca Brands has formed a joint venture with Standard Chartered Bank (Hong Kong) and HKT to seek a stablecoin issuer license in Hong Kong. Summary Animoca, Standard Chartered, and HKT launch Anchorpoint to apply for an HKMA stablecoin license.The trio joined the HKMA sandbox in 2024 to test regulated stablecoins.Only a few of over 40 applicants are expected to win approval. According to an Aug. 8 press release, the new entity, Anchorpoint Financial Limited, lodged
Ethereum co-founder Vitalik Buterin has voiced support for public companies holding Ether as part of their treasuries, while cautioning against the dangers of excessive borrowing. Speaking in a Bankless podcast interview on Aug. 7, Buterin said that so-called Ethereum (ETH) treasury firms provide “valuable services” by giving more investors indirect access to the asset.He noted that companies choosing to hold shares in treasury firms rather than ETH directly create “more options” for those with
