Day: August 9, 2025

Ethereum Exchange Balances Decline To 18.8M ETH: Smart Money Drains Supply

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Ethereum (ETH) has surged above the $4,000 mark for the first time since last December, signaling a strong return of bullish momentum. After several days of heightened volatility and market uncertainty, buyers have regained control, pushing prices to levels not seen in months. The breakout reflects a combination of improving market sentiment, robust fundamentals, and growing institutional interest in the leading smart contract platform. Related Reading On-chain data from CryptoQuant adds further fuel to the bullish narrative, showing that ETH exchange reserves continue to decline steadily. This trend suggests that…

Animoca, Standard Chartered and HKT to Pursue Hong Kong Stablecoin License

Animoca Brands, Standard Chartered Bank Hong Kong (SCBHK), and HKT have launched Anchorpoint Financial Limited, a Hong Kong-based joint venture applying for a stablecoin issuer license under the city’s new regulatory regime. Anchorpoint Joint Venture Targets Licensed Stablecoin Issuance in Hong Kong Animoca Brands, Standard Chartered Bank (Hong Kong), and HKT have formed Anchorpoint Financial […] Source CryptoX Portal

VivoPower Shares Jump 32% on $100M Ripple Equity Buy to Boost XRP Strategy

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Nasdaq-listed solar power company VivoPower International PLC saw its shares jump 32.12% to $5.10 on Friday after the company announced plans to purchase $100 million worth of privately held Ripple Labs shares, expanding its XRP-focused digital asset treasury strategy. The move, which follows two months of due diligence, will see VivoPower acquire Ripple shares directly from existing shareholders, pending approval from Ripple’s executive management, the company said in a Friday press release. “Our portfolio construction strategy is to buy a combination of Ripple shares and XRP tokens. This will allow…

Three Catalysts That Could Push Bitcoin Beyond $120K

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Key takeaways: Record global money supply growth is a big tailwind for Bitcoin. Spot Bitcoin ETFs could soon surpass gold holdings, boosting BTC’s reserve-asset status. Retail inflows remain limited but could ignite a strong rally if mainstream interest returns. Bitcoin (BTC) last traded at $120,000 on July 23, prompting traders to question whether a new all-time high is still possible this year. Global economic uncertainty and the sustainability of the artificial intelligence sector remain the biggest risks. Still, three major near-to-medium-term drivers could set Bitcoin on a path well above…

Bitcoin po $120 000 – czy już czas na realizację zysków?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🟡Zaoszczędź 20% na prowizjach w Binance – ✅ Otrzymuj powiadomienia o ruchach inwestycyjnych Tradera21: 🔴Link do artykułu: — Witajcie, w ostatnim czasie cena Bitcoina zaczęła osiągać nowe szczyty. W związku z tym postanowiłem przygotować dla Was nagranie, w którym analizuję tę najpopularniejszą kryptowalutę. Zwracam w nim uwagę na dane, których większość inwestorów nie bierze pod uwagę. Zapraszam do obejrzenia materiału, z którego dowiecie się między innymi: – jak odczytywać nastroje inwestorów wokół Bitcoina, – co wspólnego z Bitcoinem ma globalna płynność, –…

Ripple and SEC End Legal Fight With Joint Dismissal of Appeals

On August 7, 2025, the U.S. Securities and Exchange Commission announced an official close to its years-long legal dispute against Ripple Labs. The SEC and Ripple formally ended the case by filing a joint stipulation to dismiss their respective appeals in the Second Circuit. The following opinion editorial was written by Alex Forehand and Michael […] Source CryptoX Portal