Category: Analysis

Cardano Price Analysis: Will Grayscale’s Latest ETF Filing Drive ADA to $1?

Key Notes Cardano price declined 10% this week, stabilizing near $0.82 on Saturday, August 30. Grayscale filed S-1 ETF applications for Cardano and Polkadot, expanding its single-asset crypto product lineup. ADA trades under pressure near support despite ETF headlines, with technicals suggesting a possible recovery toward $0.90. Cardano’s 10% weekly timeframe price decline stabilized near $0.82 on Saturday after Grayscale filed registration statements with the SEC for new ADA and Polkado (DOT) exchange-traded funds. The proposed ADA ETF will trade on NYSE Arca under the ticker GADA, tracking  CoinDesk’s Cardano…

Shiba Inu Burn Rate Rockets 157,726% Amid Growing Price Selloff

Key Notes Shibburn shows that the SHIB burn rate increased by 157,726%. This led to the burning of 2,481,036 SHIB in 24 hours, and now the total supply of the memecoin is 589,247,732,073,096 tokens. Shiba Inu price has increased to $0.00001238, following a 1.5% increase over the last 24 hours. Canine-themed memecoin Shiba Inu has seen its burn rate spike by 157,726%, leading to the incineration of 2,481,036 SHIB in 24 hours. In light of this increase, the price of the crypto asset has recorded a mild rally. This is…

Quantum Threat: El Salvador to Split Bitcoin Holdings For Safety

Key Notes El Salvador’s Bitcoin Office has announced the redistribution of its BTC holdings. This comes as concerns of quantum computing take the stage in the industry. Quantum computing threats may not be full-blown in the foreseeable future. El Salvador has decided to redistribute its Bitcoin (BTC) holdings to multiple addresses. To this end, it has announced that nearly $678 million worth of its BTC holdings will be going to different wallets. The Central American nation made this decision amid growing concerns about the potential threat posed by quantum computing…

Japanese Game Developer Gumi to Acquire 2.5 Billion Yen Worth of XRP

Key Notes Gumi’s board approved purchasing 6 million XRP tokens worth $17 million between September 2025 and February 2026. The company positions XRP as a growth asset complementing Bitcoin’s stability role in their dual-cryptocurrency strategy. SBI Holdings partnership influenced the decision, aligning with Japan’s RLUSD stablecoin launch plans for early 2026. Gumi confirmed its board of directors approved the acquisition of XRP XRP $2.80 24h volatility: 5.8% Market cap: $166.28 B Vol. 24h: $7.33 B to complement the company’s existing Bitcoin exposure. According to the official announcement, Gumi’s board approved…

Monero Developers Discuss ‘Publish or Perish’ Proposal to Mitigate Qubic Attacks

Key Notes The proposal introduces “late block” penalties to prevent miners from withholding blocks during selfish mining strategies. Reward Splitting would ensure orphaned blocks from honest miners still receive proportional compensation for their work. XMR price dropped 20% since attacks began, trading below $260 while Google searches for privacy coins hit record highs. Monero has been suffering from what is called a selfish mining strategy, or attack, perpetrated by the Qubic Pool—led by Sergey Ivancheglo, also known as Come-from-Beyond (CFB)—as Coinspeaker has been covering. In this context, core contributors, in…

Chinese Real Estate Giant Seazen Group to Launch NFTs, Issue Tokenized Private Debt

Key Notes Seazen creates Digital Assets Institute under Vice Chairman Wang Yifen to issue tokenized bonds and debt instruments. Company plans NFT tokenization of Wuyue Plaza shopping centers as part of broader real world asset digitization strategy. Initiative capitalizes on Hong Kong’s progressive crypto stance while China reportedly considers yuan-backed stablecoin development. Seazen Group, one of China’s largest real estate and investment firms, has announced its intent to raise funds through the creation of tokenized real world assets (RWAs) amid the shifting Chinese crypto landscape. According to an Aug. 29…

TRX Price at Risk as Justin Sun Moves to Cut Tron Network Fees By 60%

Key Notes Tron’s fee reduction from 210 to 100 sun represents the largest cost cut in the network’s history, effective August 29. Trading data reveals $64 million in short positions versus $15.9 million in longs, indicating widespread bearish expectations. Technical analysis shows death cross formation and RSI decline, suggesting prolonged consolidation between $0.33-$0.36 levels. Tron Network Founder Justin Sun issued a post on August 29 supporting Tron Improvement Proposal #789, which reduces network fees by 60%. The proposal, submitted on Wednesday, is set to lower the energy unit price from…

XRP Price Drop Dampens Investor Sentiment for September

Key Notes XRP network data shows first-time transactions near a two-month low, signaling reduced inflows from fresh investors. XRP faces a critical test near $2.80, with the largest supply cluster between $2.81–$2.82. All eyes will be on the Fed rate cuts and macro push during September. XRP XRP $2.84 24h volatility: 4.6% Market cap: $168.93 B Vol. 24h: $6.62 B once again faces strong selling pressure and has corrected more than 4.38% today, after losing the crucial support at $3.0. As we approach September, one of the least performing months…

Cardano Foundation Overhauls Developer Portal

Key Notes Cardano Foundation has made an effort towards easy DApp building on Cardano for devs. It has reintroduced the Cardano Developer Portal with new functionalities and resources. ADA price performance does not seem to correspond with the optimism in the ecosystem. The Cardano Foundation has announced the launch of its Developer Portal, highlighting that it was shaped by input from the ADA ADA $0.83 24h volatility: 4.4% Market cap: $30.09 B Vol. 24h: $1.91 B community. Although the portal existed previously, it now offers enhanced tools and resources to…

Crypto Crash Triggers $411M in Liquidations

Key Notes Analysts advised traders to avoid opening BTC long positions at resistance of $112,000, while expecting a deeper pullback ahead. Altcoins faced heavy losses, with Ethereum plunging 5.6% to $4,300 after losing its 20-day EMA. XRP and DOGE also dropped significantly amid strong selling pressure and whale offloading. Today’s crypto market crash comes with Bitcoin BTC $108 657 24h volatility: 3.9% Market cap: $2.16 T Vol. 24h: $48.14 B losing 2.9% to $110,000, sending shockwaves across all the crypto assets. Altcoins have faced even greater selling pressure with Ethereum…