Author: James Wilson

XRP has pulled back 7.14% from its recent local top, entering a corrective phase after a strong upward move. Despite this retracement, the structure remains bullish as long as key support levels hold. Summary XRP has pulled back and is now approaching key support at $2.80. The $2.80 zone aligns with the 0.618 Fibonacci, value area high, and HTF structure. If support holds, a higher low may form, continuing the bullish trend toward new highs. Following a sharp expansion driven by a reclaim of the point of control, Ripple (XRP) has now rejected from recent highs and is approaching a…

Read More

As traditional carbon markets collide with blockchain, DevvStream makes its first move, allocating treasury funds to Bitcoin and Solana. Meanwhile, the firm’s $300 million credit expansion could fuel a new era of tokenized environmental assets. Summary DevvStream allocates treasury funds to Bitcoin and Solana in a strategic crypto pivot. The firm views Bitcoin as a stable reserve asset and Solana as infrastructure for tokenized carbon markets. A proposed $300 million credit facility expansion would scale its blockchain-based sustainability strategy. On August 1, Nasdaq-listed carbon management firm DevvStream announced the initial deployment of its crypto treasury strategy, purchasing Bitcoin (BTC) and…

Read More

U.S. Treasury Secretary Scott Bessent says the United States has entered a golden era of cryptocurrency as it looks to unlock new possibilities with blockchain technology. Summary U.S. Treasury Secretary Scott Bessent posted on X that the U.S. has entered a new age with crypto. Companies and protocols should build their projects in the United States as the sector receives much needed regulatory clarity and support. Bessent’s comments come as the U.S. cryptocurrency space experiences notable growth and backing under President Donald Trump. Among key milestones are the landmark Genius Act, the President’s Working Group on Digital Assets report, and…

Read More

Ondo has declined 9.21% from recent highs after rejecting from resistance, but price is now approaching a high-confluence support zone. If demand returns at this level, a bullish reversal could soon follow. Summary ONDO has corrected below the value area low and is approaching $0.83 support. $0.83 is a high-confluence zone with POC, 0.618 Fib, and channel low alignment. A bullish reversal is likely if demand returns, with volume as the key confirmation signal. Following a strong rally, Ondo (ONDO) has entered a corrective phase and is now trading below the value area low. This pullback has brought price action…

Read More

The Fear & Greed Index has snapped its 15-day greed streak just as ETF inflows hit new highs. Behind the institutional euphoria, on-chain metrics hint at weakening retail participation, raising questions about who’s really driving this rally. Summary Binance Research highlights a growing divergence between institutional inflows into crypto ETFs and weakening retail participation. Despite a 50% YTD surge in Bitcoin ETF volumes and Ethereum’s 3-year high, on-chain activity has dropped to 70% of December 2024 levels. According to a Binance Research report on August 1, crypto spot ETFs continued to attract heavy inflows through the end of July, even…

Read More

Chainlink has announced a new pricing methodology purpose-built to offer reliable pricing for cryptocurrency and tokenized assets primarily traded on decentralized exchanges. Summary Chainlink has introduced State Pricing, a new asset pricing solution for assets primarily traded on decentralized exchanges. Initial support includes for assets such as Lido’s wrapped staked Ethereum and Coinbase wrapped Bitcoin. An announcement Chainlink (LINK) shared on August 1 states that Chainlink State Pricing targets assets that show limited trading volumes on centralized exchanges, but have robust liquidity onchain.  The new solution, accessible on the Chainlink mainnet via the platform’s Data Feeds and Data Streams features,…

Read More

UK regulators have redrafted the playbook, allowing retail crypto ETNs while keeping derivatives banned. The FCA’s grudging concession comes with a caveat: investors walk the tightrope without a compensation safety net. Summary UK FCA lifts its retail ban on crypto ETNs, effective October 8, but keeps derivatives off-limits. Investors must trade through FCA-approved exchanges and will not be covered by compensation schemes. The FCA cites market maturity as a reason for the policy shift, while reinforcing strict promotion rules and investor caution. The Financial Conduct Authority announced on August 1 that retail investors in the United Kingdom will gain access…

Read More

Memecoin launchpad Pump.fun saw a more than 90% decline in revenue amid a collapse in its market share. Summary Pump.fun revenue dropped more than 90%. Bonk-powered LetsBonk dominates memecoin launchpads. Solana-based (SOL) memecoin launchpad Pump.fun (PUMP) is rapidly losing its dominant position in the memecoin launchpad space. On Friday, August 1, the price of the PUMP token dropped 15%, from $0.00309 to a daily low of $0.002495, before rebounding to $0.0028. While the drop coincides with a broader market decline, it also reflects Pump.fun’s falling revenues and shrinking market share. Notably, Pump.fun’s daily fees stood at $316,000 on August 1.…

Read More

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the 2025 bull run peaks, investors are eyeing memecoins with momentum, Little Pepe is emerging as a surprise contender. Summary LILPEPE, a new memecoin, is gaining traction during the 2025 bull run. The project has seen early listings and growing community support. Investors are comparing its rise to past memecoin successes like PEPE and SHIB. As the crypto market gears up for the final sprint 2025, savvy investors are eyeing assets that could make them wealthy before the…

Read More

French firm Crypto Blockchain Industries announces a major expansion of its Bitcoin treasury holdings in an all-equity deal. Summary CBI announces an all-equity deal for acquiring more Bitcoin reserves. SAFEbit plans to gradually exchange 2,000 BTC for CBI shares. Bitcoin treasuries are gaining traction globally. Global firms are increasingly betting on Bitcoin (BTC) treasury holdings. On Friday, August 1, Paris-listed Crypto Blockchain Industries and its shareholder Ker Ventures announced an all-equity deal to buy 2,000 BTC from the Turkish crypto exchange SAFEbit. The deal gives Ker Ventures and CBI the option to exchange CBI shares for the Bitcoin, in a…

Read More