Author: James Wilson

XRP price remained in a local bear market this week after plunging by 20% from its highest point this year.  Summary XRP price has crashed by 20% from its highest level this year.  The Ripple USD stablecoin is nearing $700 million market cap. Technical analysis points to more gains, potentially to $5.  Ripple (XRP) token was trading at $2.90 on August 21, but the ongoing stablecoin growth and bullish technicals indicate an eventual rebound to $5 and beyond.  Ripple USD is nearing a $700 million milestone  One potential catalyst for the XRP price is that its stablecoin growth is accelerating.…

MetaMask is expanding its role in crypto finance with mUSD, a dollar-pegged stablecoin issued by Bridge. The rollout comes as U.S. regulations sharpen and stablecoin adoption reaches new highs. Summary MetaMask has launched mUSD, a dollar-pegged stablecoin issued with Bridge and M0. The asset will debut on Ethereum and Linea, with plans to integrate into the MetaMask Card. The move comes amid fresh U.S. regulatory clarity from the GENIUS Act, boosting stablecoin confidence. On August 21, MetaMask, the self-custodial crypto wallet built by Consensys, announced the launch of MetaMask USD (mUSD), a native stablecoin developed in partnership with Bridge, a…

The president of Kyrgyzstan is pushing back against Western sanctions targeting local crypto firms accused of helping Russia skirt restrictions. Summary Kyrgyzstan President Sadyr Japarov has urged the US and UK to lift sanctions on local crypto firms accused of facilitating illegal transfers for Russia. Two Kyrgyz-based crypto exchanges, Grinex and Meer, are among those targeted in the crackdown. The country’s crypto market has been under scrutiny throughout the year. Kyrgyzstan President Sadyr Japarov has urged the United States and the United Kingdom to lift the recently imposed sanctions on local crypto firms in the region. Per an August 21…

Cardano price appears to have completed its pullback, bouncing off key support as whales bought the dip and setting up for the next leg higher. Summary Cardano price appears to have formed its third consecutive higher low, reinforcing the ongoing uptrend structure. Whales scooped up 100 million ADA during the recent pullback, signaling confidence in the continuation of the uptrend. Retail traders are also bullish, with long positions on Hyperliquid exceeding 79%. Cardano (ADA) price appears to have completed its pullback from the recent high of $1, rebounding sharply from $0.84 yesterday. This marks the third consecutive higher low, following…

SAPIEN token has rallied as much as 70% following its TGE event, along with launch on multiple crypto exchanges, including Kraken and KuCoin. Summary SAPIEN token rose nearly 70% within a day following its launch. The token was listed on major exchanges such as Coinbase and Kraken shortly after its TGE. According to a recent X post, Binance Alpha, a spotlight section within the main Binance exchange, was the first platform to list Sapien (SAPIEN) on Aug. 20. Just half an hour later, the exchange also added the token to its futures trading platform. Other major exchanges that also added…

With Bitcoin price is still in the red and price trading sideways all week, investor sentiment has weakened and demand is slowing. Summary Bitcoin’s price has been hovering around $113,000 for the past week as the market struggles to find momentum. The cryptocurrency has lost approximately 8% over the week and is now 8.4% below its all-time high of $124,128. CryptoQuant analysis shows Bitcoin’s struggles are driven by reduced demand and increased profit-taking. Bitcoin (BTC) price is trading at $113,770 as of press time, continuing its week-long hover around this price level as it struggles to make any decisive move.…

SEC Chairman Paul Atkins recently clarified that only a very small number of cryptocurrencies qualify as securities. Summary SEC Chairman Paul Atkins has clarified that only a very small number of cryptocurrencies qualify as securities. The approach marks a significant shift from former Chair Gary Gensler’s stricter stance and anti-industry policies. During his speech at the Wyoming Blockchain Symposium 2025, U.S. Securities and Exchange Commission Chairman Paul Atkins commented on the classification of cryptocurrencies, saying most tokens are not securities. According to him, whether a cryptocurrency is considered a security depends on how it is “packaged and sold,” rather than…

Rapper Kanye West, now officially known as Ye, has entered the cryptocurrency market with the launch of YZY, a token built on the Solana blockchain. Summary Kanye West launched YZY, a new token on Solana, with an ecosystem including Ye Pay and YZY Card. The token briefly reached a $3.2B market cap before retracing. Analysts flagged insider activity despite anti-sniping measures. The rapper and entrepreneur revealed the project on Aug. 21 in a post on X, where he described the project as the foundation of a “new economy, built on chain.” Kanye West’s memecoin debut was met with immediate market…

Brian Quintenz has the backing of nearly every major digital asset trade group in Washington. Their coordinated push for his confirmation as the next CFTC chair is a direct response to whispered opposition and twice-cancelled committee votes. Summary Seven major crypto lobbying groups urged President Trump to push Brian Quintenz’s stalled CFTC chair nomination. The coordinated letter follows cancelled Senate votes and opposition from the Winklevoss twins. Supporters argue Quintenz’s experience is critical as the CFTC readies for expanded digital asset oversight. On August 20, seven of the most influential digital asset lobbying groups sent a unified letter to President…

XRP has retraced into the $2.80 support zone, a level reinforced by the 50-day moving average and value area high. Strong bullish volume suggests the current retest could pave the way for another push toward record highs. Summary $2.80 support aligns with 50-day MA and value area high. Current bounce indicates a bullish retest of structural support. Above-average bullish volume confirms demand, supporting potential breakout to new highs. The significance of $2.80 cannot be understated for Ripple (XRP). Not only is it a high-time frame support, but it also represents a zone of heavy traded volume. This overlap of structural…