XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend
BTC and ETH stayed relatively stable as XRP absorbed most of the market's reaction to the CLARITY Act delay.
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Cryptocurrency News
Zoomex Officially Launches Demo Trading
Zoomex, a global cryptocurrency trading platform focused on derivatives trading, has officially launched Demo Trading, a new feature that lets users practice the complete futures trading process, placing orders, managing positions and closing trades, using demo funds instead of real capital. The launch is part of
Bonk Meme Coin Hits Nearly 3-Year Low After Upbit Announces September Delisting
South Korea’s leading crypto exchange, Upbit, announced the delisting of the Bonk (BONK) meme coin today. The news pulled the Solana (SOL)-based token to its lowest price since November 2023. BONK slipped to an intraday low of $0.00000255. It traded at $0.00000264 at press time, down nearly 7%. Follow us on X to get
Elon Musk’s Terafab Will Be Earth’s Most Valuable Building, 50x the Size of the Pentagon
Elon Musk says his Terafab chip factory will become Earth's most valuable building, spanning 9 million square meters.
US Helps Prop Up Yen, but Japan Demands Trump Drop the Pokémon Memes
The US joined Japan to defend the yen, but Tokyo is still pressing Washington to stop its Mario and Naruto memes.
Real-World Asset Deposits Jump to $7.4 Billion Through DeFi Downturn
Deposits of tokenized real-world assets across decentralized finance more than tripled to $7.4 billion over the past year, even as total funding in the sector declined. CoinShares highlighted the split in its latest report with Token Terminal, noting that demand for tokenized assets is now driven by utility rather
CLARITY Act Stalls in Senate as Political Divisions Push Crypto Bill Into September
The Senate shelved its landmark crypto bill before recess.
Government Auditors Question Evidence Behind DOGE’s $110 Billion Savings Claim
The Government Accountability Office found that the Department of Government Efficiency’s (DOGE) Wall of Receipts includes savings estimates that are incorrect or lack supporting evidence, casting doubt on the $110 billion the entity claims it cut from federal spending. The report examined the DOGE Wall of Receipts,
MARA and CleanSpark Post $851 Million in Combined Quarterly Losses
MARA Holdings (MARA) and CleanSpark (CLSK) reported heavy losses on August 6, extending a slump across public Bitcoin (BTC) miners as falling prices triggered large non-cash valuation losses. Both firms leaned on their pivot toward artificial intelligence and data center infrastructure, joining rivals TeraWulf, Core
KOSPI, Nikkei Reverse Gains as SoftBank, SK Hynix Both Drop
KOSPI and Nikkei 225 reversed early gains as SoftBank, SK Hynix, and Kioxia slid in a broader memory chip selloff.
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