Category: Analysis

Tether CEO Confirms Company Nearly Ready for US Return After Trump Signs GENIUS Act

Key Notes GENIUS Act provides regulatory framework allowing banks and fintechs to issue stablecoins in the US market. Circle’s USDC dominates US with $65B circulation while Tether’s USDT leads globally with $162B market cap. Tether leverages strong international presence in Latin America, Africa, and Asia for competitive advantage. Tether, issuer of the world’s largest stablecoin, is finalizing its return to the US following the passage of the GENIUS Act. CEO Paolo Ardoino confirmed the company’s reentry strategy during a Bloomberg interview on Wednesday, outlining plans to focus on institutional payments…

ADA Holds Critical $0.75 Support After Open Interest Drops 9.48% – Rally or Crash Ahead?

Key Notes Long position closures drove ADA’s decline, with open interest falling 9.48% and options volume dropping 92.94%. The $0.75 support level aligns with the 20-day Keltner Channel baseline and represents crucial technical defense. Holding above $0.75 could enable a recovery toward $1.00, while failure may trigger a slide to $0.70. Cardano ADA $0.82 24h volatility: 7.0% Market cap: $29.56 B Vol. 24h: $1.68 B led losses in the altcoin market on July 23, tumbling 10.23% intraday to a low of $0.82. Behind Ripple XRP $3.22 24h volatility: 8.8% Market…

Bitcoin Miner MARA Holdings Targets $850M Capital Raise to Boost BTC Holdings

Key Notes The zero coupon convertible notes allow investors to exchange bonds for MARA stock at predetermined prices if shares rise. MARA’s stock dropped 12% following the announcement, suggesting negative investor sentiment toward the debt strategy. Up to $50 million will repay existing debt while remaining funds target Bitcoin reserves and power infrastructure expansion. MARA Holdings, Inc. announced on July 23 that it intends to raise, subject to market conditions and other factors, $850 million by selling a special type of bond called a “zero coupon convertible note” to institutional…

Goldman Sachs, BNY Launch Tokenization Service for $7 Trillion Funds Market

Key Notes The collaboration enables MMF shareholders to record investments as digital assets that can be used as collateral for transactions. These tokenized assets function like stablecoins but generate yields for holders, offering faster settlement than traditional services. This partnership represents the first major bridge between the $7 trillion money market fund industry and blockchain-based digital assets. Goldman Sachs Group and Bank of New York Mellon Corporation have entered a collaboration to bring mirrored tokenization services to customers using BNY’s LiquidityDirect platform via Goldman Sachs’ blockchain-based Digital Assets Platform (GS…

Stellar (XLM) Risks 30% Drop if Key Support Fails

Key Notes Bitget and Coinglass data show $79.8M in long exposure and a dense liquidation zone below $0.40. RSI divergence and key Fibonacci support at $0.44 signal weakening momentum. An XLM price close below $0.44 may set the stage for a decline toward $0.33 for the Stellar crypto. Following a sharp rejection at $0.50, Stellar’s native cryptocurrency XLM XLM $0.43 24h volatility: 6.4% Market cap: $13.54 B Vol. 24h: $758.87 M , is heading south, correcting 5% today and moving to $0.43 as of press time. Following an 80% rally…

Pro‑Crypto Lawyer Speaks on XRP Lawsuit Settlement Timeline

Key Notes The XRP community is eagerly awaiting a major update in the Ripple vs SEC lawsuit on August 15. One X user stated that the probability for a settlement is 70-90%, citing that the potential settlement would involve a $50 million penalty and no injunction. Marc Fagel disagrees because those criteria do not exist in current settlement terms. After almost five years, members of the XRP XRP $3.28 24h volatility: 5.2% Market cap: $193.63 B Vol. 24h: $8.77 B community expect the Ripple Labs’ lawsuit with the US Securities…

Grok AI Predicts 5× SOL Rally If Spot ETF Approved

Key Notes GrokAI notes strong meme coin momentum, technical upgrades like Alpenglow, and potential spot Solana ETF approval could lead to a parabolic SOL price rally. SOL recently broke above $200 for the first time since February, forming a cup-and-handle pattern per analyst Ali Martinez. The Rex-Osprey Solana Staking ETF (SSK) amassed over $100 million AUM in 12 trading days, signaling rising institutional interest. SOL SOL $195.4 24h volatility: 3.5% Market cap: $105.20 B Vol. 24h: $21.42 B , the native cryptocurrency of Solana, has been on investors’ radar recently.…

Spot ONDO ETF to Hit Markets Soon? 21Shares’ Sudden Filing

Key Notes 21Shares has filed for a spot ONDO ETF, signaling growing institutional interest in tokenized RWAs. Ondo Finance recently acquired SEC-registered broker-dealer Oasis Pro to launch compliant tokenized securities. USDY, Ondo’s tokenized Treasury product, is now available via Alchemy Pay in 173 countries using local fiat. 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) tracking ONDO ONDO $1.06 24h volatility: 0.5% Market cap: $3.34 B Vol. 24h: $580.86 M , the native token of Ondo Finance. Dubbed the “21Shares…

CoinShares Secures MiCA License for Broad EU Expansion

Key Notes CoinShares said that it has secured a Markets in Crypto-Assets (MiCA) license. The license was granted by France’s Autorité des Marchés Financiers (AMF). The MiCA license joins the MiFID and AIFM licenses that CoinShares holds in the EU. On July 23, CoinShares Asset Management announced that it had secured a Markets in Crypto Assets (MiCA) license. The license grants the asset manager access to all member states of the European Economic Area. It was granted by France’s Autorité des Marchés Financiers (AMF). Operating in 29 EU States With…

Arthur Hayes Expects $10K for ETH, $250K for BTC by Year-End

Key Notes Hayes predicted BTC to hit $250k and ETH to hit $10k by year-end. He links the price surge to Fed policies and stablecoin Treasury demand. BitMEX co-founder predicts ETH to lead DeFi and NFT ecosystem growth. Arthur Hayes, co-founder of BitMEX, has set a bold forecast for crypto markets, predicting Bitcoin BTC $118 570 24h volatility: 0.5% Market cap: $2.36 T Vol. 24h: $47.22 B will reach $250,000 and Ethereum ETH $3 673 24h volatility: 1.0% Market cap: $443.29 B Vol. 24h: $41.48 B will surge to $10,000…