Technology
Stablecoins
Ripple starts testing its stablecoin RLUSD on XRP Ledger and Ethereum
The RLUSD is not available for retail users yet, as Ripple tests the stablecoin with its enterprise partners.
Crypto
Analysts believe Bitcoin, Ethereum may face further downside in the short term
BTC and ETH still have significant challenges in the short term, as they must conquer key supports in the daily chart.
Crypto
Bitcoin ETF options likely to go live in Q4 – Bloomberg analyst
James Seyffart highlighted that the deadline for a SEC decision is at Sep. 21, with the possibility of options being added in the same month.
Crypto
Deputy Treasury Secretary, former Harris chief of staff among attendees at Democrats’ virtual crypto summit
Despite Anita Dunn absence, Mark Cuban and Ron Conway were present at the virtual meeting, according to Eleanor Terrett.
DEX
BTSE partners with Orderly Network to launch BTSE Dex 2.0
The BTSE Dex new version offers cross-chain trading for over 50 perpetual contracts and 50x leverage.
Crypto
Metaverse land prices down 72% on average from highs
Sandbox has experienced the most notable decline. Its average floor price fell from 2.86 ETH in 2021 to 0.13 ETH in 2024, marking a 95% decrease.
Crypto
Judge ends Ripple, SEC lawsuit with $125 million fine, XRP surges 18%
District Judge Analisa Torres partially granted the motion from remedies filed by the SEC against Ripple.
ETF
Ethereum ETFs register two consecutive days of inflows
Despite the significant inflows for the past two days, the ETFs failed to counter the large holders selling pressure.
Crypto
BlackRock, Nasdaq submit filing to introduce options for spot Ethereum ETFs
The addition of options "will remove impediments to and perfect the mechanism of a free and open market," says the filing.
Investments
Venture capital injects $527 million into crypto startups in July
The infrastructure sector raised over $420 million, dominating nearly 80% of all capital raised last month.
Crypto
Analysts believe Bitcoin could benefit from growing recession fears
As central banks intensify rate cuts and the fear of recession looms, Bitcoin could benefit from growing liquidity and wider institutional adoption.
ETF
Bitcoin ETFs daily trading volume surpasses $5 billion to hit 4-month high
BlackRock’s IBIT was responsible for nearly $3 billion in trading volume and managed to increase its assets under management by $172 million.