Author: James Wilson

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. With the signing of the GENIUS Act, it feels all but inevitable that crypto adoption will increase, with stablecoins leading the way in this change. Being pegged to traditional assets provides a degree of reassurance to users — especially those unfamiliar with the world of web3. However, there are still elements that need increased attention. Summary Mainstream momentum — Crypto ownership is up 33% and regulation is shifting positively, setting the stage for stablecoins to enter global…

Hyperliquid’s native token HYPE surged to a new all-time high, fueled by record trading volumes and growing dominance in both spot and derivatives markets. Summary Hyperliquid price hit an all-time high of $50.99 on Aug. 27, supported by record trading activity. The DEX continues to strengthen its position in both spot and derivatives markets. Growing liquidity and user adoption suggest momentum may extend if market conditions hold. Hyperliquid (HYPE) reached a record high of $50.99 on Aug. 27 during Asian morning trading hours, extending a powerful rally that has lifted the token 22% over the past week and 14% in…

Singapore-based cross-border payments firm Tazapay has secured new funding from Ripple and Circle Ventures, positioning itself as a key bridge between traditional finance and stablecoin-powered transactions. Summary Ripple and Circle invested in Singapore-based Tazapay’s Series B round. The cross-border payments platform processes $10B+ annually and is growing 300% YoY. Funds will accelerate licensing in the U.S., UAE, Hong Kong, Australia, and beyond. Tazapay announced on Aug. 27 that it closed its Series B funding round with participation from Peak XV Partners, Ripple (U.S.), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investors January Capital and ARC180 also joined…

Succinct has teamed up with Tandem, a startup studio and venture capital arm of Offchain Labs, to bring zero-knowledge proofs to the Arbitrum ecosystem. Summary Offchain Labs’ Tandem and Succinct have partnered to advance zero-knowledge proofs on Arbitrum. Succinct price recently rallied amid exchange listing The Succinct (PROVE) platform, which allows developers to tap into zero-knowledge proofs  with its zero-knowledge virtual machine SP1, said in an announcement that its exclusive one-year partnership with Tandem will focus on scaling ZK rollups on Arbitrum (ARB). The decentralized Succinct Prover Network integrates with some of the decentralized finance ecosystem’s top protocols, including Celestia,…

Republic Digital made a strategic investment in RWA firm Centrifuge via its Opportunistic Digital Assets Fund. Summary Republic Digital’s Opportunistic Digital Assets Fund invested in Centrifuge RWA firm The company’s JAAA ETF enables ordinary investors to buy in complex fixed-income products Centrifuge’s TVL grew from $120M to $1.2B in just 6 months Real world assets are continuing to capture the interest among tradFi firms. On Tuesday, August 26, Republic Digital announced a strategic investment in Centrifuge, via its Opportunistic Digital Assets Fund. Republic Digital and Centrifuge did not disclose the total value of the investment. According to Republic Digital, this…

With a fresh $15 million raise, Hemi says it’s building the alarm clock for Bitcoin’s $2.3 trillion in dormant value. The project aims to transform the world’s largest crypto asset from a static store of value into the dynamic foundation for a new DeFi ecosystem. Summary Hemi raises $15 million in growth funding ahead of its token generation event, bringing total funding to $30 million. Round led by YZi Labs, Republic Digital, and HyperChain Capital, with participation from top crypto funds. The funding aims to accelerate development of Hemi’s Bitcoin programmability layer. In a press release dated August 26, Hemi…

BitGo has announced support for HyperEVM, bringing secure access and custody for institutional users in the Hyperliquid ecosystem. Summary BitGo has expanded its custody solution to institutions participating in Hyperliquid’s HyperEVM. The platform now supports HYPE custody, self-custody and governance. BitGo said in an update that its custody solution was now live for Hyperliquid (HYPE), bringing access to HyperEVM to institutions.  The integration, BitGo noted, allows for qualified custody with institutional investors able to participate further in the leading on-chain trading ecosystem. Basically, users can tap into BitGo’s secure custody service as they interact with assets on the HyperEVM, including…

XRP price is trading above strong high-timeframe support, aligned with the 0.618 Fibonacci retracement and the 50-day moving average. This confluence reinforces its bullish market structure and continuation potential. Summary XRP trades above high time frame support at the 0.618 Fibonacci and 50-day moving average. Higher lows and higher highs signal bullish continuation potential. Bullish volume inflows are essential for sustaining a move toward a new all-time high. Ripple (XRP)’s recent price action has highlighted a significant confluence zone that is currently acting as support. This level combines high-timeframe support, Fibonacci retracement, and a dynamic moving average structure, all of…

Eclipse Labs is burning its ships. Just weeks after its token launch, the L2 developer has replaced its CEO and executed deep layoffs, abruptly abandoning its infrastructure-only model to build its own consumer applications in a fight for relevance. Summary Eclipse Labs replaces CEO Vijay Chetty with Sydney Huang and cuts 65% of staff. The firm pivots from infrastructure to building its own consumer applications. ES token has dropped over 65% since launch, adding pressure to restructure. In an X post on August 15, Layer 2 developer Eclipse Labs announced a brutal corporate restructuring, replacing high-profile CEO Vijay Chetty, known…

ADA price continues to rest on strong high-timeframe support at $0.84. This region holds multiple layers of technical confluence that reinforce the bullish market structure. Summary ADA is holding strong support at $0.84, backed by the 0.618 Fibonacci, 55 EMA, and higher-low structure. Bullish structure remains intact with consecutive higher highs and lows. Sustained volume inflows could push ADA toward $1.19 resistance in the coming sessions. Cardano (ADA)’s recent price action highlights the importance of the $0.84 level, which has become a cornerstone for maintaining bullish momentum. This region not only represents a retracement point but also aligns with broader…