Cryptocurrency News & Live Updates
Synopsis
CACEIS, the asset servicing division of Credit Agricole, has taken a minority stake in Kriptown to launch Lise, a blockchain-based exchange for SMEs and mid-cap firms, pending regulatory approval.
In recent developments, Credit Agricole’s asset servicing unit, CACEIS, is backing the launch of Lise, a pioneering tokenized exchange aimed at SMEs and mid-cap companies in Europe. This initiative is part of a broader trend towards digital asset adoption, as seen with Binance’s recent move to open bitcoin options writing to all users, reflecting a surge in retail demand for advanced trading tools. Meanwhile, Metaplanet has doubled down on its bitcoin investments, acquiring 463 BTC despite a significant drop in its stock price. Coinbase, on the other hand, faced a challenging week with shares plummeting nearly 20% following disappointing earnings, prompting traders to seek downside protection through options. Lastly, Ethena’s impressive rally is now at risk due to an upcoming token unlock and a notable exit of whale investors, which could lead to increased selling pressure. These developments highlight the dynamic and often volatile nature of the cryptocurrency market, where regulatory approvals, trading innovations, and investor sentiment play crucial roles.
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Credit Agricole Invests in Tokenized SME Exchange
CACEIS, the asset servicing division of Credit Agricole, has taken a minority stake in Kriptown to launch Lise, a blockchain-based exchange for SMEs and mid-cap firms, pending regulatory approval.
Binance Launches Bitcoin Options for All Users
Binance has made bitcoin options writing accessible to all users, driven by rising retail interest in advanced trading tools, and is offering a 20% fee discount on new options contracts.
Metaplanet Invests $54M in Bitcoin Amid Stock Decline
Metaplanet acquired 463 additional bitcoins, raising its total to 17,595 BTC valued at $1.78 billion, despite a 7.15% drop in its stock price.
Coinbase Sees 20% Drop in Weekly Performance
Coinbase shares plummeted 19.6% last week, their worst performance since September 2024, following disappointing earnings that revealed an 88.8% decline in net operating earnings per share.
Ethena’s Rally Faces Threat as Whales Withdraw
Ethena’s impressive 140% surge in July is jeopardized by an impending token unlock and significant whale sell-offs, with 171 million ENA tokens set to be released soon.
Satoshi Statue Found Damaged After Theft
The Satoshi Nakamoto statue, stolen in Lugano, Switzerland, was recovered in pieces after being dumped in a lake. The incident is believed to involve vandalism by a group of intoxicated individuals celebrating Swiss National Day.
Cardano Allocates $71M for Protocol Upgrades
The Cardano community has approved a $71 million funding proposal for a year-long upgrade plan by Input Output Engineering, focusing on scalability, developer experience, and interoperability.
Cardano Community Greenlights $70M Development Budget
Cardano’s Input Output Global received a $71 million budget for network upgrades after a governance vote, with 74% approval for milestone-based payments aimed at enhancing developer activity and ADA demand.
Bitcoin Dips Below $115K, Reversal Possible
Bitcoin has fallen below $115,000 during an August correction, but macroeconomic shifts may indicate a potential reversal.
Toncoin Price Shows Potential for Growth
Toncoin (TON) is experiencing upward momentum, trading at $3.56, despite a slight daily dip. The token’s trading volume has increased, indicating strong on-chain demand and investor interest.
Can Zebec Network Reach Its ATH Soon?
Zebec Network (ZBCN) is currently trading at $0.0054, just 25% below its all-time high of $0.0071, supported by strong technical momentum and positive fundamental developments.
UK Risks Falling Behind in Crypto Innovation
Former Chancellor George Osborne warns that the UK government is lagging in the global cryptocurrency race and must adopt a proactive regulatory framework to catch up.
Is HBAR Facing a Correction?
HBAR has surged over 130% since June, but recent trends indicate a potential bearish reversal as it struggles to maintain momentum above $0.30.
France Explores State-Supported Bitcoin Mining with Nuclear Energy
French lawmakers propose utilizing surplus nuclear energy for state-backed Bitcoin mining, aiming to convert wasted electricity into economic value.
DOGE Rally Pauses at 20 Cents Amid Bullish Signals
DOGE experienced a 5% increase, reaching $0.200 before closing at $0.198, driven by large holder activity. However, it struggled to maintain momentum above the $0.20 mark, suggesting a potential consolidation phase.
Bitcoin Poised for $140K, Bear Market Ahead
Ledn CIO John Glover predicts Bitcoin will reach approximately $140,000 this year before facing a bear market in 2026, despite recent price drops and profit-taking by long-term holders.
XRP Rises to $3 Amid Profit-Taking
XRP experienced a 6% surge, reaching $3.03 before closing at $3.00, driven by institutional buying and increased trading volume exceeding 110 million. Resistance at $3.03 led to profit-taking and a partial reversal of gains.
Metaplanet Boosts Bitcoin Holdings to 17,595 BTC
Metaplanet has increased its Bitcoin treasury by acquiring 463 BTC, aiming for a total of 210,000 BTC by 2027.
XRP Surges as Bitcoin Approaches $115K Amid Tariff Concerns
Bitcoin and ether stabilized after significant ETF outflows, while XRP shows resilience despite market volatility caused by new U.S. tariffs.
XRP Pulls Back from July Peaks Amid Bearish Signals
XRP is experiencing a pullback after its July highs, currently trading at $2.99, down 17% from its all-time high. The MVRV ratio has formed a death cross, indicating potential further declines.
Conflux’s CFX Soars Amid China Speculation
Conflux’s CFX token surged 14% over the weekend, outpacing the broader market, but analysts note stagnant on-chain activity and centralization concerns.
SharpLink Expands Ethereum Holdings to $1.65B
SharpLink Gaming has acquired an additional 15,822 ETH for about $53.9 million, raising its total Ethereum holdings to 480,031 ETH valued at $1.65 billion.
Increased Bitcoin ETF Options Limits May Stabilize Prices
The SEC’s decision to raise position limits on bitcoin ETF options could help reduce volatility by facilitating strategies like covered call selling, according to NYDIG Research.
Justin Sun Takes Flight on Blue Origin
TRON founder Justin Sun launched into space aboard a Blue Origin rocket, fulfilling a long-awaited dream nearly three years after winning his seat with a $28 million bid.