XRPโ€™s Price Jump Masks a Quiet Decline in Active Users, Data Shows

XRP has experienced strong price performance in recent weeks, climbing over 12% in the past month and reclaiming notable price levels. However, as of the latest trading session, the asset is showing signs of correction. At the time of writing, XRP is valued at $3.17, representing a 1.2% decline over the past 24 hours from its recent high of roughly $3.22. The recent surge in XRPโ€™s value was largely driven by a major legal development. On August 7, 2025, the long-running US Securities and Exchange Commission (SEC) lawsuit against Ripple…

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum (ETH) has recently seen a remarkable resurgence, inching closer to its $4,878 all-time high (ATH) record after a prolonged period of consolidation. On Tuesday, ETH broke the $4,600 mark for the first time in years, outperforming other cryptocurrencies, including Bitcoin (BTC) and XRP.ย  Ethereum ETFs Attract $8.2 Billion YTD This price performance is largely attributed to a significant influx of capital into Ethereum spot exchange-traded funds (ETFs), which recorded a staggering $1 billion in inflows in just a single dayโ€”the largest daily inflow to date. Related Reading According to…

BNY Mellon to Manage OpenEdenโ€™s Tokenized US Treasury Fund

Real-world asset (RWA) tokenization platform OpenEden partnered with The Bank of New York Mellon Corporation (BNY Mellon) to manage and custody the underlying assets of its flagship tokenized US Treasury product, TBILL.ย  OpenEden announced the partnership Wednesday, bringing one of Wall Streetโ€™s largest and oldest custodians into the growing market for tokenized Treasurys. OpenEden said TBILL is the first tokenized US Treasury fund with a Moodyโ€™s โ€œAโ€ rating to have its assets managed by a global custodian.ย  A Moodyโ€™s โ€œAโ€ rating means that the asset is of upper-medium-grade quality, which…

Bitcoin Pulls Back From $122K, Is the Rally Losing Steam or Just Pausing?

Bitcoinโ€™s recent rally pushed the cryptocurrency to retest the $122,000 level before facing a pullback. At the time of writing, BTC is trading at approximately $119,053, marking a short-term correction after reclaiming significant highs earlier in the week. The move comes as traders and analysts watch closely for signs of market strength or weakness at current price levels. One metric drawing attention is Binanceโ€™s share of global trading volume. According to CryptoQuant analyst BorisVest, the exchangeโ€™s dominance in trading activity provides valuable context for interpreting Bitcoinโ€™s performance at all-time highs…

A New Blockchain Built for Stablecoins and Powered by USDC

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle, the issuer of USD Coin (USDC), has announced plans to introduce its own Layer 1 blockchain, Arc, designed specifically for stablecoin-focused applications. The launch follows the companyโ€™s $1.2 billion initial public offering (IPO) in June and is scheduled to debut on a public testnet later this fall. According to Circle, Arc will be an enterprise-grade, EVM-compatible blockchain supporting payments, foreign exchange, and capital markets use cases. The network will use USDC as its native gas token,…

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Coinbase Revives Stablecoin Fund to Boost USDC in DeFi

Coinbase is relaunching its Stablecoin Bootstrap Fund first introduced in 2019 to boost the liquidity of the stablecoin USDC in a range of popular and emerging decentralized finance protocols. Coinbase said on Tuesday its first placements will provide USDC (USDC) liquidity into Ethereum-based lenders Aave and Morpho, and Solana-based trading platforms Kamino and Jupiter. โ€œAs we scale the fund over time and distribute liquidity across more protocols and stablecoins, weโ€™re particularly eager to collaborate with pre-launch teams or those seeking to drive stablecoin growth from day one,โ€ it added. The…

Could the Post-SEC Rally Already Be Over?

XRPโ€™s legal victory over the U.S. Securities and Exchange Commission (SEC) has removed a major regulatory hurdle, sparking optimism for institutional adoption and even a potential spot XRP ETF. Related Reading Daily trading volumes soared 208% to $12.4 billion after the settlement, with analysts estimating a 95% chance of ETF approval by October 2025. However, price action suggests the euphoria may be cooling. In the 24 hours ending August 12, XRP slipped 4% from $3.19 to $3.13, despite hitting an intraday peak of $3.32. Heavy selling during the 19:00 hour,…