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The GENIUS Act is expected to drive global stablecoin use to new heights. With an already established market dominance position, Ethereum stands to benefit disproportionately from this transition. In a conversation with BeInCrypto, Sanjay Shah, a researcher at venture capital firm Electric Capital, stressed that the Ethereum blockchain has unique architectural advantages that will reinforce...
XRP continues to struggle with downward pressure, as its price faces resistance while skeptical holders add to selling pressure. Despite the bearish sentiment, whales have returned to accumulation, countering declines with large purchases.  This tug-of-war between cautious long-term holders and confident whales is shaping XRP’s short-term price trajectory. XRP Investors Move To Accumulate...
Ondo launched its new Global Markets today, offering tokenized versions of 100+ US-based stocks and ETFs. The firm’s ONDO token saw modest increases in price and a 33% spike in volume at launch. Some of these RWAs have been very successful, generating upwards of $70 million in trade volume this morning alone. Still, Ondo remains inaccessible in the United States, potentially limiting its...
The CFTC gave Polymarket a green light to trade in the US by issuing a no-action letter regarding its American subsidiary. The Commission doesn’t plan to enforce potential reporting violations committed by QCX. This turnaround is very impressive; the CFTC was scrutinizing the platform one year ago. CFTC resignations can allow bold new pro-crypto regulatory action, but might also undermine...
In July, the United States set a global benchmark for digital dollars with the passage of the GENIUS Act, the first federal framework for stablecoins. With this bill, Washington confirmed that dollar-backed tokens will underpin digital settlement. The move has intensified debate in Asia. China faces a dilemma: promoting yuan use while preserving strict capital controls. Hong Kong offers a...
World Liberty Financial’s WLFI, a Donald Trump–linked token, has plunged nearly 10% over the past 24 hours, fueling concerns of deeper losses ahead.  On-chain indicators point to sustained weakness, suggesting the altcoin could face more declines in the coming sessions if demand fails to recover. WLFI Under Pressure as Traders Exit Positions and Bet on New Lows WLFI’s price dip in the...
According to CoinGecko data, Real-World Assets (RWA) have emerged as the top-performing crypto category over the past week. The sector’s value has surged nearly 19.4% in the last seven days, with a 28% jump in the past 24 hours alone. RWA tokens now command a combined market capitalization of $64.6 billion. Institutional Adoption Spurs Rally in RWA-Based Tokens The recent surge in the...
The recent roller-coaster ride in the cryptocurrency market has once again exposed the gap between speculative hype and long-term financial strategy. Bitcoin soared to $124,000 in July, only to fall below $110,000 in August, while Ethereum’s scaling upgrade and the ongoing review of an XRP ETF have added new uncertainties. For many retail traders, this volatility is part of the thrill. But for...
American Bitcoin, a mining firm supported by the Trump family, began publicly trading on the Nasdaq today. Its stock price briefly jumped 60% but retained very high gains. The firm plans to pursue a digital asset treasury (DAT) strategy, producing its own BTC to prevent shareholder dilution. American Bitcoin and the Trumps Trump’s crypto empire has been heavily diversifying over...
Popular meme coin Shiba Inu has struggled to break out of its sideways price action following August’s tepid market performance. Interestingly, despite the muted activity, investor resilience remains notable. On-chain data shows a rising retention rate among holders and a declining exchange balance. Shiba Inu Faces Resistance, Yet Investors Refuse to Sell Readings from the SHIB/USD one-...