Tokenized deposits could drain $580B from U.S. bank lending
A research paper published this week quantifies what happens when bank deposits move at blockchain speed. The number is large enough to reshape how banks fund the economy, and the crypto industry is building the pipes without acknowledging the consequences….
Why Bitcoin Crashed After Warsh’s Jackson Hole Speech
BTC was rejected at over $81,000 once again. This time, though, there was an evident catalyst. Bitcoin’s rally from under $65,000 to over $81,000 faced its first major macro setback after Fed Chair Kevin Warsh delivered a hawkish message…
Russia blacklists 2,600 crypto wallets while using crypto to dodge sanctions
The Bank of Russia is building a surveillance apparatus for digital assets at the same time the Russian state relies on those assets to circumvent Western financial restrictions. The contradiction reveals how governments actually think about crypto. Summary The Bank…
XRP ETFs gain ground in two US fund filings
Two U.S. fund filings dated Aug. 27 and Aug. 28 have listed three XRP-linked ETFs, adding fresh evidence of the token’s growing presence across regulated investment products. Summary ProShares’ filing lists its unlevered XRP ETF and the 2x leveraged Ultra…
3 Major Solana (SOL) Developments You Should Know About
From ETF news to a landmark change in how SOL is issued – here’s the latest. Solana’s native token became one of the recent top performers in the crypto market, surging to a new seven-month high at over $105…
Curve Finance Founder Calls It a ‘Casino’ for Meme Coins
Pump.fun’s rapid growth has brought massive revenue, but questions over token quality and platform behavior continue to follow the launchpad. Curve Finance founder Michael Egorov has taken a swipe at Solana-based Pump.fun and criticized the platform’s role in the…
$100 Target Is Back in Sight
A parallel channel, TD Sequential buy signal, and MACD golden cross are creating a potentially bullish setup for SOL near $78. Solana is currently trading above $76, following a recovery of more than 6% over the past week, along…
Jupiter Launches Lend v2 on Solana, Letting Borrowed Assets Earn Trading Fees
Jupiter has launched Lend v2 on Solana, allowing both supplied and borrowed assets to earn DEX trading fees while being used in lending positions. Jupiter launched Lend v2 on Solana on August 10, introducing two opt-in features that let…
Tokenized deposits could drain $580B from U.S. bank lending
A research paper published this week quantifies what happens when bank deposits move at blockchain speed. The number is large enough to reshape how banks fund the economy, and the crypto industry is building the pipes without acknowledging the consequences….
Why Bitcoin Crashed After Warsh’s Jackson Hole Speech
BTC was rejected at over $81,000 once again. This time, though, there was an evident catalyst. Bitcoin’s rally from under $65,000 to over $81,000 faced its first major macro setback after Fed Chair Kevin Warsh delivered a hawkish message…
Bitcoin Bull Cycle Peak Could Be Driven by Global ETF Demand
Key Takeaways Global institutional demand could drive bitcoin’s bull cycle peak. Wider ETF access may extend adoption beyond the United States. Stablecoin liquidity and RWA rails could support the next phase. Global ETF Demand Could Shape Bitcoin’s Cycle Peak The…
Russia blacklists 2,600 crypto wallets while using crypto to dodge sanctions
The Bank of Russia is building a surveillance apparatus for digital assets at the same time the Russian state relies on those assets to circumvent Western financial restrictions. The contradiction reveals how governments actually think about crypto. Summary The Bank…
Solana Leads Altcoin Gains as XRP and DOGE Slide
Key Takeaways Crypto markets ended Aug. 29 flat at $2.73 trillion as volatility offset prior gains. Altcoins diverged sharply as SOL rallied on Charles Schwab listing news while DOGE fell 7.2%. Arch Lending CTO Himanshu Sahay expects bitcoin to increasingly…
XRP ETFs gain ground in two US fund filings
Two U.S. fund filings dated Aug. 27 and Aug. 28 have listed three XRP-linked ETFs, adding fresh evidence of the token’s growing presence across regulated investment products. Summary ProShares’ filing lists its unlevered XRP ETF and the 2x leveraged Ultra…
Zcash (ZEC) Social Buzz Vanished Before Its ETF Even Launched: Data
Social chatter around ZEC hit six times its August baseline before the price peak, then vanished as the ETF launched. Zcash has been one of the best-performing assets this year. It has managed to attract significant institutional capital. This…
Goldman Sachs Predicts Gold Will Hit $4,900 by Year-End
Key Takeaways Goldman Sachs predicts gold will hit $4,900 per troy ounce by year-end due to high central bank demand. Central banks are buying 50 tonnes monthly, up 300% from pre-2022 levels to hedge geopolitical risk. Paused Fed rate hikes…
Wall Street Giant Charles Schwab Makes Major Crypto Move Beyond Bitcoin and Ethereum
Charles Schwab announced it is expanding its recently released crypto trading business by adding three major altcoins. Just a few months after it launched its first notable cryptocurrency-focused platform, the Wall Street behemoth has expanded its offering beyond Bitcoin…
Community Bankers Demand Total Ban on Stablecoin Rewards
Key Takeaways Community banks revived stablecoin reward concerns, swaying two Republican senators to oppose CLARITY. ICBA warned stablecoins could trigger a $1.3T deposit flight, cutting local bank lending by $850B. Growing opposition leaves CLARITY short of 60 Senate votes, threatening…