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XRP Ledger remains in focus as REAL Token teases a major global announcement scheduled for August 24 through the XRPL ecosystem. Eric Trump renewed support for cryptocurrency, arguing blockchain can match many traditional banking functions during a Fox Business interview. The CLARITY Act vote and Ripple's policy engagement keep regulatory clarity central to XRP's institutional narrative through September. XRP Ledger returned to the spotlight after an XRPL-based token announced a major August 24 reveal, while regulatory discussions and renewed cryptocurrency support kept Ripple's ecosystem in focus. Eric Trump comments fuel crypto banking discussion A Fox Business interview placed cryptocurrency back into discussions about traditional banking systems. Eric Trump argued that crypto offers capabilities unavailable through existing financial infrastructure. His remarks continued the Trump family's public support for digital assets. The comments quickly circulated across XRP-focused social media communities. Posts connected the banking discussion with XRP Ledger's payment infrastructure. However, Eric Trump did not specifically mention XRP during the interview. KingXRP shared the interview alongside claims supporting XRP Ledger's financial utility. The post argued blockchain technology can perform payment functions associated with banks. That interpretation reflected community sentiment surrounding XRP's payment use cases. https://twitter.com/MRKingXRP/status/2090325085395558706?s=20 XRP Ledger has long been associated with cross-border payments and settlement efficiency. Supporters frequently reference its tokenization and transaction capabilities. Those features remain central to discussions surrounding Ripple's blockchain ecosystem. REAL Token announcement brings August 24 into focus The post paired the interview with a separate update from REALFI. The XRPL-based project announced its largest ecosystem reveal scheduled for August 24. The teaser promised a global announcement without revealing specific details. REALFI described the upcoming event as a milestone for its ecosystem expansion. The announcement used promotional language about breaking the internet globally. No technical roadmap or partnership accompanied the teaser. The post connected REAL Token directly with XRP Ledger because it operates on XRPL. That connection created expectations across XRP communities before the announcement date. Still, the project's published message remained limited to the teaser. The post also promoted REAL Token trading through XRPL DEX and MEXC. Those references identified available trading venues for the token. They did not confirm adoption metrics or future ecosystem growth. Regulation keeps XRP Ledger in institutional conversations Another support discussion centered on regulatory clarity surrounding digital assets. CryptoMaven pointed to Ripple CEO Brad Garlinghouse's participation in the White House crypto summit. That appearance renewed attention on Ripple's policy engagement. The CLARITY Act also returned as a potential regulatory milestone. The proposed legislation seeks clearer rules for digital asset markets. Investors continue watching the expected September 15 vote closely. CryptoMaven suggested regulatory clarity could improve institutional confidence in blockchain markets. Financial firms have often cited regulatory uncertainty as a market consideration. Clearer rules remain an important topic across cryptocurrency discussions. XRP Ledger traded around $3.27 as market attention shifted toward August 24 developments. Investors continued monitoring both regulatory events and ecosystem announcements. The coming weeks place XRP Ledger alongside policy and blockchain narratives. The post XRP Ledger Eyes August 24 Global Announcement appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Strategy institutional holders increased MSTR exposure by about $1.2 billion during Q2 2026, according to the latest 13F filings from the company. Goldman Sachs, Capital International Investors, and BlackRock Asset Management Ireland recorded the largest quarterly additions to MSTR holdings. Strategy remained the largest corporate Bitcoin holder with more than 840,000 BTC held on its balance sheet as of August 2026. Strategy institutional holders increased their exposure during Q2 2026 after 12 of the company’s top 15 investors expanded MSTR positions, adding about $1.2 billion through reported 13F filings. Institutional buying dominates Strategy shareholder filings Wu Blockchain reported the updated shareholder data using Strategy’s latest 13F disclosures. The filings covered institutional ownership changes through June 30, 2026. Most leading investors increased their positions during the reporting period. https://twitter.com/WuBlockchain/status/2090323637157212411?s=20 The total shareholding value of the top four shareholders went up by about $1.2 billion. That rise was across the board at major investment firms. Only three institutions reduced their MSTR exposure. Capital International Investors remained the largest institutional shareholder during the quarter. Its position reached about $3.49 billion with a 9.4% ownership stake. The firm added roughly $346 million in additional holdings. Vanguard also expanded exposure through two separate investment entities. Vanguard Portfolio Management added about $61 million during Q2. Vanguard Capital Management increased its position by another $86 million. Goldman Sachs leads major MSTR accumulation Goldman Sachs recorded the largest quarterly increase among major shareholders. The investment bank added approximately $407 million worth of MSTR shares. Its total position climbed to nearly $555 million by quarter-end. BlackRock also expanded exposure through multiple institutional portfolios. BlackRock Institutional Trust increased holdings by about $84 million. BlackRock Asset Management Ireland added another $98 million during the quarter. State Street Investment Management increased its MSTR position by approximately $51 million. Morgan Stanley Investment Management also posted a smaller addition of about $15 million. The filings showed continued participation from several large Wall Street asset managers. The latest market data placed MSTR around $93 during August trading. The stock remained closely linked to Bitcoin’s broader market performance. Investors continued treating MSTR as a Bitcoin-focused equity proxy. Strategy strengthens Bitcoin-linked institutional appeal Not every institutional investor increased exposure during the quarter. Capital Research Global Investors recorded the largest reduction among top shareholders. Its holdings declined by about $462 million. UBS Financial Services also reduced its position during the reporting period. The firm trimmed roughly $142 million worth of MSTR shares. Geode Capital Management posted a comparatively small reduction of around $5 million. Despite those reductions, buying activity remained dominant across the shareholder list. Twelve institutional investors expanded positions before the quarter closed. That created a strong positive balance across reported ownership changes. Wu Blockchain connected the filings with Strategy’s broader Bitcoin treasury strategy. Strategy held more than 840,000 BTC as of August 2026. The company remained the world’s largest corporate Bitcoin holder during the reporting period. The post Strategy Institutional Holders Add $1.2B to MSTR appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Grayscale Says SEC’s Reg Crypto Could Unlock U.S. Token Issuance
Grayscale Research says the SEC's Regulation Crypto Assets proposal could clarify U.S. rules for token-based fundraising. The proposed framework targets newly issued tokens, with eligible issuers subject to fundraising limits, disclosures, and requirements. Grayscale says Ethereum, Solana, and BNB Chain could benefit if clearer rules encourage more U.S. token issuance. The Securities and Exchange Commission proposed Regulation Crypto Assets on August 18, creating rules for token-based fundraising. Grayscale Research said the proposal could give U.S. entrepreneurs a clearer route to issue tokens under eligibility and disclosure requirements. The framework targets newly issued tokens, rather than stocks already moved onto blockchains. https://twitter.com/Grayscale/status/2090139107033022829?s=20 The proposal addresses a gap that has existed since the 2017-18 crypto cycle, when startups used initial coin offerings to raise capital. However, U.S. securities laws lack a clear path for similar token issuances. More recent fundraising models included initial exchange offerings and initial DEX offerings. Those offerings largely took place overseas and excluded U.S. investors, according to Grayscale Head of Research Zach Pandl. Reg Crypto would allow eligible issuers to raise capital through token offerings up to fundraising limits. Issuers would need to meet disclosure and eligibility requirements under the proposed framework. Grayscale Links Rules to Blockchain Networks Pandl said the proposal differs from tokenized equities, which place existing public stocks onto blockchain networks. Instead, Reg Crypto concerns newly issued tokens that can serve as a method of raising capital. The proposal recognizes that some crypto protocols can become automated and decentralized. In such cases, registration and disclosure requirements may no longer apply, according to Grayscale. The approach builds on the SEC’s March 2026 interpretive guidance on crypto assets. Grayscale said the proposal would provide a tailored regime for token-based fundraising in the United States. Proposal Comes as CLARITY Act Faces Uncertainty The proposed rules could substitute for parts of the CLARITY Act, which Grayscale said appears less likely to pass the Senate. SEC Commissioner Uyeda said Reg Crypto partly aims to reduce incentives for issuers to move fundraising activities offshore. The SEC also anticipates an innovation exemption later this year. Grayscale said the exemption would add another route for crypto projects in the United States. Grayscale Research identified Ethereum, Solana, and BNB Chain as networks that could benefit from increased token issuance. The firm said more U.S. issuers and investors could come onchain if the rules stimulate fundraising. The post Grayscale Says SEC’s Reg Crypto Could Unlock U.S. Token Issuance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Aligned Launches $ALIGN, the Native Token of Its Full Ethereum Stack
Montevideo, Uruguay, August 20th, 2026, Chainwire Aligned allows fintechs and institutions to build financial products on Ethereum, with one-click solutions for wallets, rollups, interoperability, and zero-knowledge services. Today, Aligned, a full-stack Ethereum infrastructure project, has launched $ALIGN*, the native token of its ecosystem, with listings on major exchanges. Aligned is working to turn Ethereum into the world's financial backend, and its ecosystem is the single integration fintechs, institutions, and enterprises use to build financial products on Ethereum. Less than one percent of the world's assets are onchain, and most of what has moved sits on Ethereum as stablecoins, tokenized treasuries, and wrapped assets. Building on top of them is still harder than it should be. A fintech going onchain usually signs with multiple vendors, one for wallets, another for scalability solutions (including rollups and proving systems), then spends months wiring them together and keeping them in sync. There is no standard way to ship a financial product on Ethereum yet. Aligned was built to fix that. It's built in close collaboration with LambdaClass, a company behind key contributions across the Ethereum ecosystem, including work on Starknet, zkSync, Polygon Miden, and EigenCloud (formerly EigenLayer), as well as Ethrex (the execution client which powers Aligned's Rollup-as-a-Service) and lambdaworks, a cryptography library written in Rust. By integrating with Aligned, users can access wallets, rollups, interoperability, and zero-knowledge services through a single stack. Aligned ships the stack one piece at a time: Proof Aggregation Service: live on mainnet alpha. Batching the proofs a rollup generates so verification stays cheap as Ethereum scales. Wallet-as-a-Service: MVP already launched. Users sign in with Google or Face ID and get a real Ethereum wallet, with no seed phrases, extensions, or gas fees. Rollup-as-a-Service, the LambdaVM, and the interoperability protocol: in development. The LambdaVM is Aligned's RISC-V zkVM (zero-knowledge virtual machine), built in collaboration with LambdaClass and 3MI Labs. Each ships as it's ready. The world's assets are moving onto Ethereum, and Aligned is creating the stack that makes it easy to build on. In the future, $ALIGN will be available as an option to pay for the services across that stack, from Proof Aggregation to Wallet-as-a-Service. As more teams build on Aligned, it will be the asset they use to pay for that usage. It is a utility token. It is not equity, a share, or a claim on revenue or dividends, and it does not promise a yield or a price. $ALIGN has a fixed supply of 10 billion tokens, with about 16% circulating at launch. The full allocation and the Genesis airdrop are laid out in the ALIGN tokenomics. The airdrop was distributed across several waves spanning developers and researchers, the Discord and Galxe communities, distinguished contributors to Ethereum and ZK such as Protocol Guild, L2BEAT, ZachXBT, and ZK Podcast, and holders of ecosystem tokens including Starknet, Mina, zkSync, Polygon, Scroll, Taiko, and EigenCloud. Aligned is committed to Ethereum by choice, focusing all of its efforts on it. Through the rest of the year, the team plans to ship the remaining pieces of the stack and grow the number of products built on it. The longer-term goal is to make building a financial product on Ethereum a single decision, not a systems-integration project. Check eligibility and follow the launch at community.alignedlayer.com. To hear more, read the ALIGN tokenomics at blog.alignedlayer.com and follow @alignedlayer. About Aligned Aligned builds the tools that turn Ethereum into the world’s financial backend. It gives fintechs, institutions, and enterprises one integration for wallets, rollups, interoperability, and zero-knowledge services, so they can build real financial products on Ethereum instead of assembling a stack from separate vendors. Users can learn more at alignedlayer.com. *$ALIGN is the native asset of the Aligned ecosystem, built on Ethereum as an ERC-20 token and also available on Base, with a fixed total supply of 10 billion and an initial circulating supply equal to approximately 16% of the total token supply. It will be used across the Aligned stack. $ALIGN is not equity, a share, or a claim on revenue or dividends. This announcement is informational only and is not financial advice. Do your own research. ContactRoberto Catalan Aligned Layer roberto@yetanothercompany.xyz Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post Aligned Launches $ALIGN, the Native Token of Its Full Ethereum Stack appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Crypto CEOs Push Clarity Act After Trump White House Meet
Crypto executives met Howard Lutnick to discuss Clarity Act passage, U.S. jobs, economic growth, and remaining ethics hurdles. Trump urged Congress to pass the Clarity Act, calling it bipartisan legislation that could strengthen U.S. crypto leadership. Brian Armstrong and Brad Garlinghouse backed the bill as XRP rose more than 13% following the White House discussions. President Donald Trump urged Congress to pass the Clarity Act after crypto executives met Commerce Secretary Howard Lutnick. Brian Armstrong, Brad Garlinghouse, Chris Dixon, and Arjun Sethi discussed ethics hurdles and bipartisan support with Lutnick before Trump’s White House remarks. Crypto Executives Meet Howard Lutnick According to Eleanor Terrett, the smaller meeting happened before Trump addressed industry leaders at the White House. Armstrong, Garlinghouse, Dixon, and Sethi joined Lutnick for the discussion. The group focused on the Clarity Act and its potential effects on U.S. jobs and economic growth. They also discussed bringing crypto entrepreneurs and companies back onshore. However, the executives also raised remaining hurdles to passage, including ethics concerns. They discussed how the White House could help find a bipartisan agreement. Trump later addressed the legislation during remarks at the White House. He called the Clarity Act “very bipartisan” and said many Democrats support it. Trump Calls for Clarity Act Passage Trump described the legislation as “very, very powerful structured legislation.” He said it would keep the United States ahead of China and other countries. Meanwhile, Armstrong said Trump’s message was clear after the meeting. The Coinbase CEO said the administration remains committed to passing the Clarity Act. Armstrong also said 67 million Americans want the bill passed. He urged people to contact lawmakers before the Senate vote scheduled for September 15. Garlinghouse also highlighted the number of Americans holding crypto. The Ripple CEO said 67 million Americans hold crypto, representing nearly one in four people. Crypto Leaders Address Ethics Concerns Garlinghouse said it was good to return to the White House with Trump, Atkins, Selig, and other industry leaders. He highlighted the administration’s focus on digital asset innovation and U.S. leadership. Meanwhile, XRP rose more than 13% to $1.12 over 24 hours, based on the supplied information. The move followed Garlinghouse’s earlier support for the Clarity Act. Prediction-market odds for the Clarity Act becoming law in 2026 also increased after the White House meeting. The discussions with Lutnick focused on ethics issues and possible bipartisan agreement. The post Crypto CEOs Push Clarity Act After Trump White House Meet appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Eightco Holdings Reports $389M in Holdings, Including OpenAI, Beast Industries, 16,000+ ETH and 3...
Eightco repurchased 14 million shares of common stock in the past two weeks under its previously announced $125 million share repurchase program Eightco treasury composition as of August 19, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $132M cash and equivalents, totaling approximately $389 million Eightco recently participated in World Foundation's $52.5M funding round, led by Pantera with participation from Bain Capital Crypto, Selini Capital, Susquehanna Crypto, and additional investors Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., Aug. 20, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its position across digital assets and strategic investments in leading private technology companies. Eightco also announced that it has repurchased approximately 14 million shares of its common stock under its previously announced $125 million share repurchase program. As of August 19, 2026, at 6:00 p.m. ET, ORBS' holdings include a $90 million investment (indirectly, through SPVs) in OpenAI, an $18 million funded investment in Beast Industries, a $1 million investment in Mythical Games, 301,971,219 Worldcoin (WLD) at $0.37 per WLD (per Coinbase), 16,278 Ethereum (ETH), and approximately $132 million in total cash and stablecoins, for total holdings of approximately $389 million. Top Headlines Driving the News: Eightco's management believes the Company's treasury portfolio holds some of the most critical components for the future AI and digital financial system. This week's top headlines include: OpenAI completed a secondary share sale totaling roughly $7 billion ahead of its anticipated IPO, allowing current and former employees to sell stock at the company's $852 billion valuation (CNBC). On August 4, Cloudflare announced Cloudflare Wallets, the programmable wallet for the agentic internet, giving AI agents a wallet and the ability to transact (Cloudflare). On August 10, OpenAI announced that it is expanding its Daybreak Cyber Partner Program to make its most capable cybersecurity models available through trusted cybersecurity companies and service providers. Through Daybreak, partners such as Accenture, IBM, CrowdStrike, Palo Alto Networks, Cisco, Cloudflare, and others can incorporate OpenAI's models into their existing security products and services (OpenAI). On August 18, OpenAI introduced ChatGPT for Teens, designed to help teens learn, think critically, deepen understanding, and use AI with confidence. It is intended to provide stronger built-in safety protections for teens, including features to promote healthy use and additional controls for parents (OpenAI). "We continue to believe ORBS' common shares are undervalued to not only intrinsic value, but also the synergistic value of assets held," said Kevin O'Donnell, Chairman and CEO of Eightco (ORBS). "Our decision to repurchase 14 million shares in the past two weeks reflects the confidence we have in Eightco's strategy, assets and future. We believe these share repurchases are an efficient and effective use of capital and increase shareholder value." Eightco: Exposure to key mega-trends Eightco is built around three mega-trends the Company expects to shape the next decade of innovation: artificial intelligence, digital identity, and the creator economy, with positions in each trend through indirect investment in OpenAI (23% of ORBS' treasury holdings), Worldcoin (29%), and Beast Industries (5%). Artificial Intelligence — OpenAI Eightco has invested approximately $90 million in special purpose vehicles with exposure to equity interests in the parent company of OpenAI, representing approximately 23% of treasury assets, one of the highest disclosed concentrations of any listed vehicle. ChatGPT, OpenAI's consumer app, is the #1 consumer AI app worldwide (Sensor Tower). On July 31, 2026, OpenAI announced that its models now reach more than one billion active users and more than two million businesses. Six months after signing up, people send roughly 50 percent more messages each day and use ChatGPT for about twice as many kinds of work. Digital Identity — WLD Token Eightco holds nearly 302 million WLD, approximately 8.4% of circulating supply, the largest publicly disclosed institutional position globally and approximately 29% of the Eightco treasury's assets. Worldcoin is the native token of World, a global Proof of Human network built by Tools for Humanity (co-founded by Sam Altman and Alex Blania) and stewarded by the World Foundation. Its Orb devices issue a privacy-preserving World ID that verifies a user is a unique human, not an AI agent. Under World's announced business model, applications pay per-verification fees while end-user verification remains free, with both credential issuers and the World protocol monetizing verified-human authentication. World identifies a $6.35 trillion combined addressable revenue opportunity across 13 industries spanning banking, e-commerce, gaming, social media, and agentic AI (per Tools for Humanity). Creator Economy — Beast Industries Eightco has invested $18 million in Beast Industries equity, approximately 5% of treasury assets. Beast Industries operates one of the largest direct-to-consumer reach footprints in the world, with a combined 500 million-plus follower base across platforms, anchored by MrBeast as the most-watched person on YouTube globally. As AI commoditizes content production, distribution and audience trust become increasingly scarce assets. About Eightco Holdings Inc. Eightco Holdings Inc. (NASDAQ: ORBS) is a publicly traded company executing a first-of-its-kind Worldcoin (WLD) treasury strategy, providing investors single-ticker indirect exposure to three of the defining trends of this cycle: artificial intelligence through its indirect investment in OpenAI, digital identity through its position as the largest public holder of WLD and the Proof of Human protocol, and the creator economy through its equity stake in MrBeast's Beast Industries. Backed by leading institutional investors including Bitmine Immersion Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, Discovery Capital Management, FalconX, Payward/Kraken, Pantera, and GSR, Eightco is building the infrastructure layer for human verification in the agentic AI era. For more information: X: @iamhuman_orbs Website: 8co.holdings Frequently Asked Questions What is ORBS stock? Eightco Holdings Inc. (NASDAQ: ORBS) is a publicly traded company on Nasdaq. ORBS provides indirect exposure to OpenAI and Beast Industries, and holds one of the largest publicly disclosed positions in Worldcoin (WLD). Who owns the most Worldcoin (WLD)? Eightco Holdings (NASDAQ: ORBS) holds nearly 302 million WLD, approximately 8.4% of circulating supply and the largest publicly disclosed institutional position globally. What is Proof of Human? Proof of Human is cryptographic verification that a user is a unique, living person, not a bot or AI agent. It is foundational infrastructure for social networks, banking, agentic commerce, and any system requiring "one person, one account" in the agentic AI era. How does Eightco (ORBS) relate to Proof of Human? Eightco Holdings (NASDAQ: ORBS) is the largest publicly disclosed institutional holder of Worldcoin (WLD), the token powering World's Proof of Human network. Who is the CEO of Eightco Holdings? Kevin O'Donnell is the CEO of Eightco Holdings (NASDAQ: ORBS). The Company's Board includes Tom Lee (Managing Partner and Head of Research at Fundstrat, and Chairman of Bitmine Immersion Technologies (NYSE: BMNR)) and, as an advisor to the Board, Brett Winton (Chief Futurist at ARK Invest). Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward-looking, including, without limitation, statements regarding: the Company's expectations that artificial intelligence, digital identity, and the creator economy will shape the next decade of innovation; management's belief that the Company's treasury portfolio holds some of the most critical components for the future AI and digital financial system; management's belief that ORBS' common shares are undervalued relative to intrinsic and synergistic value; management's belief that the Company's share repurchases are an efficient and effective use of capital that increase shareholder value; statements regarding World's addressable revenue opportunity of $6.35 trillion across industries spanning banking, e-commerce, gaming, social media, and agentic AI; statements that distribution and audience trust become increasingly scarce assets as AI commoditizes content production; statements that the Company is building the infrastructure layer for human verification in the agentic AI era; statements that Proof of Human is foundational infrastructure for social networks, banking, agentic commerce, and systems requiring verified human identity; and statements regarding the Company providing indirect exposure to defining trends through its investments in OpenAI, WLD, and Beast Industries. Words such as "plans," "expects," "will," "anticipates," "continue," "expand," "advance," "develop," "believes," "guidance," "target," "may," "remain," "project," "outlook," "intend," "estimate," "could," "should," "positioned," "view," and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management's current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the Company's inability to direct the management or operations of private businesses where it is not a controlling stockholder, including OpenAI and Beast Industries; risk of loss or markdown on the Company's strategic investments, including its indirect position in OpenAI equity (held through special purpose vehicles), its position in WLD, and its position in Beast Industries equity; the Company's ability to maintain compliance with Nasdaq's continued listing requirements; unexpected costs, charges, or expenses that reduce the Company's capital resources or otherwise delay capital deployment; inability to raise adequate capital to fund or scale its business operations or strategic investments; volatility in digital asset prices, including WLD and ETH, which could materially affect the value of the Company's treasury holdings; regulatory changes, future legislation, and rulemaking negatively impacting digital assets, artificial intelligence adoption, or biometric data collection; risks related to the development, adoption, and market acceptance of Proof of Human technology and the World network; uncertainty regarding the pace and trajectory of agentic AI deployment in enterprise and consumer applications; uncertainty regarding OpenAI's product roadmap, business model developments, and any future liquidity events; risks related to Beast Industries' ability to achieve its growth projections; competition in the digital identity and AI infrastructure markets; reliance on third-party sources for the valuation of certain investments; uncertainty regarding MrBeast's continued success and the performance of Beast Industries' creator-driven business model; risks related to the Company's concentrated positions in certain digital assets and private company investments; risks related to the Company's share repurchase program, including the timing, pricing, and amount of any repurchases; shifting public and governmental positions on digital assets or artificial intelligence-related industries; risks related to the timing, features, and commercial reception of OpenAI's model releases; and risks that WLD supply dynamics may not result in anticipated market effects. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco's actual results to differ from those contained in the forward-looking statements herein, see Eightco's filings with the Securities and Exchange Commission (the "SEC"), including the risk factors and other disclosures in its Annual Report on Form 10-K filed with the SEC on April 15, 2026, Quarterly Report on Form 10-Q filed with the SEC on May 15, 2026 and other publicly available SEC filings. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect actual results or any change in its expectations.
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post Eightco Holdings Reports $389M in Holdings, Including OpenAI, Beast Industries, 16,000+ ETH and 302M WLD appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ethereum Exchange Supply Drops 15% as ETH Analysts Target $2,500 Resistance
Ethereum exchange balances fell 15%, with about 1.15 million ETH leaving exchanges between June 2 and August 18. Bitcoin exchange balances rose 1.8% while ETH balances declined, showing contrasting exchange-supply trends for the assets. Analysts identified $2,500 as key resistance for ETH as volatile exchange flows accompanied its recent price recovery. Ethereum exchange balances have fallen while Bitcoin balances increased, according to Santiment. ETH exchange supply dropped about 15% from June 2 to August 18. Meanwhile, analysts Ted Pillows and Michael van de Poppe highlighted ETH’s price recovery as exchange flows turned more volatile. Ethereum Exchange Supply Keeps Falling Santiment said ETH held on exchanges fell from about 7.70 million coins to 6.54 million. That represents roughly 1.15 million ETH leaving exchanges over eleven weeks. Bitcoin moved differently during the same period. From July 28 to August 18, BTC exchange balances increased about 1.8%, or roughly 23,000 coins. ETH exchange balances also declined about 2.2% during that identical period. Notably, ETH closed lower on August 16, 17 and 18. Santiment linked the declining ETH exchange supply to near-record staking levels and corporate treasury purchases. BitMine alone holds close to 5% of ETH supply, with most of its holdings staked. Analysts Track ETH’s Next Resistance Ted Pillows said ETH produced a large daily candle during the recent price move. He identified $2,500 as the next resistance level for Ethereum. Pillows added that reclaiming $2,500 would remove the prospect of ETH falling to a new bottom. However, Michael van de Poppe said the rally may not continue without pauses. Van de Poppe said ETH had moved toward 0.033 BTC after sweeping that level. He also said retracements could provide potential buying areas. The chart shows ETH trading between roughly $1,870 and $1,950 from August 8 through August 18. The price then moved sharply higher toward $2,300 to $2,320. Exchange Flows Turn Volatile On August 19, ETH exchange netflows recorded spikes near $75 million and $55 million. Those inflows increased the amount of ETH moving onto spot exchanges. However, a subsequent outflow reached roughly $55 million around August 20. Source: Santiment Smaller inflows also appeared between $20 million and $35 million. The chart shows ETH holding near $2,200 to $2,300 during these flow changes. Meanwhile, the reported exchange outflow followed the earlier large inflow spikes. According to Santiment, ETH continues moving away from exchanges while Bitcoin exchange balances move higher. The two assets therefore recorded opposite exchange-balance trends across the reported periods. The post Ethereum Exchange Supply Drops 15% as ETH Analysts Target $2,500 Resistance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Chainlink Breaks $10 as Analyst Claims LINK Bear Market Is Over
LINK reached $10.558 after breaking $10, with analysts targeting $11, $11.50, $13.50 and $17. The 50-day average near $9.32 moved above the 200-day average near $8.60 as LINK gained momentum. Van de Poppe favors buying dips below $9.20, while $10.80-$10.90 remains the next major resistance zone. Chainlink (LINK) has moved above $10 as analyst Michael van de Poppe says its bear market has ended. He points to a sweep of earlier lows and bullish divergences behind the move. LINK reached $10.558, while rising volume and moving averages support the stronger price structure described in the analysis. LINK Clears $10 Resistance Van de Poppe said LINK swept $10, with $10.03 identified as a lower-timeframe level. He prefers a long entry below $9.20 if price revisits that area after the $10.03 sweep. He said the dip does not need to occur for the broader setup to continue. His next target after $10 is $11, while wider targets sit at $11.50, $13.50 and $17. The analyst also said LINK’s higher-timeframe structure has started a bull market. He described LINK as trending higher after clearing $10. Volume And Moving Averages Strengthen The chart shows LINK trading near $8 to $10 from February through May. It then reached about $10.80 before a June decline pushed the price toward $7.10. From late June, LINK formed higher lows and recovered the $8.00 to $8.60 area. Source: Santiment By August, the token broke above that range and accelerated toward $10.558. Notably, the 50-day moving average stands near $9.32, while the 200-day average sits around $8.60. LINK trades above both averages, and the 50-day average has turned upward. Volume also expanded sharply during the latest advance. The increase accompanied the move above the prior consolidation range. LINK Faces The Next Resistance Zone The $10.45 to $10.60 area now forms the immediate breakout zone. Above it, the previous $10.80 to $10.90 high remains the next resistance area. A move above $10.90 would place the $11 region next on the levels outlined. However, rejection near $10.80 to $10.90 could bring profit-taking into focus. The chart identifies $9.32 as the first dynamic support level. The $8.60 area then provides another moving-average support zone. Van de Poppe said he views buying dips as the preferred approach, particularly below $9.20. He also described the current setup as continuing to show strength across higher and lower timeframes. The post Chainlink Breaks $10 as Analyst Claims LINK Bear Market Is Over appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Sui’s leading staking protocols show varied activity, with SpringSui, Volo, Cetus and Suilend among the most visible names. Staking activity connects with lending, trading and liquidity services, giving deposited SUI broader functions across the DeFi ecosystem. Sui Insiders’ Basecamp post presents founders and builders working across different areas of the Web3 ecosystem. SUI staking activity is spread across leading protocols, with Sui Insiders ranking 11 platforms while its Basecamp post showcases builders shaping the ecosystem across Web3. Sui Insiders Maps the Leading Staking Protocols In a recent post, Sui Insiders asked users whether they stake SUI through protocols. The post named SpringSui, Volo, Cetus, Suilend, Aftermath Finance, and AlphaLend. It presented these platforms as part of Sui’s top 11 staking protocols. https://twitter.com/SuiInsiders/status/2089552953489445097?s=20 SpringSui occupies the first position in the displayed protocol ranking. The dashboard records 492.1 million SUI under its stake volume column. It also shows 384,887 stakes and 282,531 unstakes for SpringSui. Volo follows with 555.7 million SUI shown under stake volume. Its figures include 271,822 stakes and 555,425 unstakes. Cetus records 42.3 million SUI, alongside 95,993 stakes and 617,528 unstakes. Suilend shows 643.5 million SUI, the largest displayed stake-volume figure. The protocol records 122,991 stakes and 163,854 unstakes. Aftermath Finance records 91.2 million SUI within the displayed ranking. Staking Connects With Sui’s DeFi Infrastructure AlphaLend shows 356.2 million SUI, while Haedal records 371.3 million. FlowX Finance records 4.9 million SUI within the displayed protocol list. AlphaFi and NAVI Protocol show 288 million and 136.6 million SUI. The ranking includes protocols serving several functions across decentralized finance. Aftermath Finance combines liquid staking with trading, bridging, and liquidity products. Its afSUI product allows staked SUI to remain usable across supported applications. Cetus adds decentralized exchange infrastructure to the protocol mix shown. The platform supports trading, liquidity pools, bridging, and liquidity-focused services. This places exchange activity alongside staking within Sui’s broader DeFi structure. AlphaLend represents the lending segment among the listed protocols. Its infrastructure supports lending, borrowing, collateral management, liquidations, and rewards. Suilend similarly operates as a money market for supplying assets. Basecamp Highlights Sui’s Builder Network The second Sui Insiders post shifts attention toward people developing Web3 infrastructure. Its “READY FOR $SUI BASECAMP 2026” message features numerous industry contributors. The displayed participants include founders, executives, researchers, and project leaders. That builder focus complements the protocol activity shown in the first image. Staking provides one layer, while applications create additional uses for capital. Together, both posts present infrastructure and builders as connected ecosystem components. SUI as of the time of writing trades near $0.647, according to CoinMarketCap data. Its reported market capitalization remains near $2.63 billion. The 24-hour trading volume is around $223.64 million. The protocol ranking shows activity distributed across several major Sui platforms. Meanwhile, the Basecamp presentation points toward continued attention on ecosystem builders. Together, the posts provide a snapshot of Sui’s expanding staking and development landscape. The post SUI Staking Protocols Show Broad DeFi Activity appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Metaplanet Commits 2,100 BTC to Nasdaq Bitcoin Platform Super League
Metaplanet will own about 95.7% of Superplanet after contributing 2,100 BTC and $2.5M. Superplanet will adopt the SUPA ticker and retain Super League’s gaming media business as a separate segment. The deal is expected to close in Q4 2026 after shareholder approval, Nasdaq filings and regulatory procedures. Metaplanet will transfer 2,100 BTC and $2.5 million to Nasdaq-listed Super League Enterprise under an agreement announced August 18. Metaplanet will receive common stock, preferred stock and warrants. Super League will become Superplanet, Metaplanet’s U.S. Bitcoin treasury platform, after closing. https://twitter.com/WuBlockchain/status/2089753242674868637?s=20 Transaction Details Metaplanet Holdings, its wholly owned U.S. subsidiary, will make the investment. The 2,100 BTC carries a stated value of about $132.1 million, bringing the investment to about $134.6 million. Metaplanet will receive 44,859,400 common shares priced at $3 each, plus preferred stock and warrants. The share count uses Bitcoin’s August 14 Coinbase closing price. After the deal, Metaplanet will own about 95.7% of Superplanet’s common stock. That figure becomes about 93.6% if existing pre-funded warrants get exercised. Metaplanet will also receive 100 convertible perpetual preferred shares. These carry voting rights and director appointment powers. The company will receive ten-year warrants covering up to 381 million shares. Exercise prices range from $3 to $33.50 across four tranches. Evo Fund will separately receive warrants covering up to 10 million shares. Superplanet Structure For 24 months after closing, Metaplanet can subscribe for up to 2.1 million junior liquidity preferred shares. The securities carry a $100 stated value, allowing up to $210 million more. Metaplanet’s closing shares and shares tied to its warrants or preferred conversion will face a five-year lock-up. Superplanet will retain Super League’s gaming media business as a separate operating segment. Matthew Edelman will remain chief executive officer, while Metaplanet will designate Superplanet’s chairman. The initial board will have nine members, with five selected by Metaplanet and four continuing directors. Closing and Treasury Plan The transaction is expected to close during the fourth quarter of 2026. It requires shareholder approval, Nasdaq filings and regulatory procedures in the United States and Japan. At closing, Super League plans to adopt the Superplanet name and SUPA ticker. Metaplanet currently holds 43,000 BTC and the contributed Bitcoin will remain within the consolidated group. Superplanet plans to report Bitcoin-per-share metrics after closing. Metaplanet will report those figures on a consolidated basis and may explore future preferred securities distribution in Japan. The post Metaplanet Commits 2,100 BTC to Nasdaq Bitcoin Platform Super League appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ethena Wallet Sends $14M ENA to FalconX as ENA Price Support Holds
An Ethena-linked wallet moved 170M ENA to FalconX, potentially preparing the tokens for an OTC sale. ENA has rebounded four times from its rising channel trendline, with gains ranging from 8.5% to 28.8%. ENA needs to hold $0.081 to target $0.092 and potentially challenge resistance near $0.104. An Ethena-linked wallet moved 170 million ENA worth about $14.09 million to FalconX one hour ago. Onchain Lens said the transfer likely prepared the tokens for an OTC sale. The move came as analyst Ali watched ENA’s $0.081 support, after repeated rebounds from its rising channel trendline. $14M ENA Transfer Reaches FalconX According to Onchain Lens, the wallet likely links to the Ethena team. It originally received ENA from Ethena’s Gnosis Safe last year. The wallet deposited 170 million ENA to FalconX, according to the onchain tracking account. Onchain Lens valued the transfer at approximately $14.09 million. The transfer occurred while ENA traded near $0.084. Price remained below the 50-day moving average near $0.086. Source: Santiment However, ENA sat around the 200-day moving average near $0.084. That leaves the token close to a key technical level after its latest pullback. Ali Watches $0.081 Support Level Analyst Ali identified $0.081 as the key support level in the current setup. Since June, each test of ENA’s rising trendline within its ascending channel produced a rebound. Those four rebounds delivered gains of 16.5%, 28.8%, 8.5%, and 24.8%. Ali said another hold at $0.081 could put the mid-range near $0.092 into focus. He also identified the channel’s upper area around $0.104 as another level to watch. The latest price remains below the $0.086–$0.089 recovery area. That resistance range sits near the 50-day moving average. A move above it would place $0.095 and $0.099 among the next chart levels. ENA Holds Near Major Moving Averages ENA previously peaked around $0.137–$0.138 in early May before entering a steep decline. The sell-off accelerated into June, taking price toward $0.074–$0.075. The token then recovered toward $0.094–$0.095 in late July and early August. However, that rebound failed to establish a sustained higher high. The supplied analysis places the next upside levels at $0.099 and $0.109. On the downside, losing $0.080 could expose ENA to the June lows. Daily active addresses currently stand near 372. The chart also shows unusually large activity spikes during June. The post Ethena Wallet Sends $14M ENA to FalconX as ENA Price Support Holds appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitmine Chairman Tom Lee Says AI and Robotics Could Drive Ethereum Use Case
Tom Lee links Ethereum’s future demand to AI, robotics and autonomous machines requiring blockchain-based verification and control. Lee expects Wall Street tokenization and agentic AI to strengthen Ethereum’s role as a settlement layer for financial activity. BlackRock maintains Bitcoin’s investment case as an alternative monetary asset despite capital shifting toward AI-focused equity funds. BitMine chairman Tom Lee has linked Ethereum’s future role to advances in artificial intelligence and robotics. Lee cited BlackRock’s continued Bitcoin view while arguing that blockchains could support AI and autonomous machines. He also said Ethereum could become the most important Layer 1 as Wall Street tokenization and agentic AI expand blockchain use. Lee Connects AI Growth With Ethereum According to Lee, AI capabilities are advancing along a steep S-curve and developing greater collective coordination. He argued that blockchains and smart contracts can keep humans involved in AI-driven activity. Lee also pointed to robotics as another potential blockchain use case. He said robots could eventually exceed human capabilities and require blockchains to verify and control their actions. “we see $ETH as an important downstream story for AI,” Lee wrote. He described Ethereum as an important base layer for these applications. The argument follows Lee’s view that crypto becomes more relevant as AI and robotics capabilities increase. He also agreed with BlackRock’s assessment that Bitcoin has growing use cases. BlackRock Maintains Bitcoin Investment Case BlackRock said Bitcoin’s core investment case remains unchanged despite its more than 50% decline from its October 2025 high. Its report described Bitcoin as an emerging global monetary alternative and portfolio diversifier. The report said capital had shifted toward AI-themed equity funds during Bitcoin’s decline. However, Lee used the report to reinforce his broader Ethereum thesis. Lee has also tied the ETH/BTC ratio to previous crypto cycles. He cited initial coin offerings in 2017-2018, NFTs in 2020-2021, and stablecoins in 2025. Tokenization And AI Drive Lee’s ETH View For the upcoming cycle, Lee expects the ETH/BTC ratio to rise through Wall Street tokenization and agentic AI using blockchains. He also connects Ethereum with tokenized assets moving onto blockchain networks. Lee said this could make Ethereum an important settlement layer for financial activity. Meanwhile, BitMine has accumulated Ethereum through multimillion-dollar purchases. The company, chaired by Lee, reportedly holds about 4.8% of Ethereum’s circulating supply. Lee also co-founded Fundstrat and has previously connected Ethereum with artificial intelligence. His latest comments place AI, robotics, tokenization, and Ethereum within the same market thesis. The post Bitmine Chairman Tom Lee Says AI and Robotics Could Drive Ethereum Use Case appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Demand Weakens as Strong Hands Accumulate BTC
Glassnode says conviction buyers increased BTC holdings most sharply after Bitcoin fell to $60,000 in January. CryptoQuant says spot demand could turn positive after staying negative since February, with historical gains following similar shifts. Bitcoin spot volume on Binance has fallen below $1 billion, reaching levels not seen since the 2023 bear market. Bitcoin’s trading activity has fallen sharply as spot demand approaches a possible turn, while conviction buyers increase their holdings. Glassnode said strong hands are buying BTC, with the largest increase in conviction holdings occurring after Bitcoin reached $60,000 in January. CryptoQuant also reported that spot demand could turn positive for the first time since February. Strong Hands Increase Bitcoin Holdings According to Glassnode, bottoms form when profit-taking slows and conviction buyers enter. The firm said the current setup resembles conditions seen during 2022. Notably, Glassnode identified January as a major accumulation period. Conviction buyers recorded their largest increase in BTC holdings when Bitcoin dropped to $60,000. CryptoQuant also reported a change in spot demand. Its data showed demand is close to turning positive after remaining negative since February. Historically, CryptoQuant said similar shifts produced a median 18.1% gain over 60 days. The pattern also recorded a 78% win rate, rising to 87% when valuations were depressed. Bitcoin Taker Volume Hits Exhaustion Zone Meanwhile, CryptoQuant said Bitcoin taker buy volume has entered a historical exhaustion zone. Similar contractions have appeared during capitulation or accumulation periods. The firm said those periods have often preceded a recovery in demand. The data adds another measure to the broader decline in Bitcoin trading activity. That decline is especially visible on Binance, according to analyst Darkfost. Bitcoin spot trading volume there has fallen below $1 billion. Binance Bitcoin Volume Falls to Bear-Market Levels Darkfost said Binance handles nearly 40% of total spot volume across exchanges. Current Bitcoin volume remains far below levels recorded during March 2024. Several trading days during that month exceeded $15 billion in spot volume. Darkfost said current volumes are the lowest recorded since the end of the 2023 bear market. The analyst described the decline as a sharp reduction in investor activity. He also noted that Binance has processed nearly $200 trillion in Bitcoin volume since 2020. For comparison, Darkfost said that figure equals roughly twice the size of the global M2 money supply. The post Bitcoin Demand Weakens as Strong Hands Accumulate BTC appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
SEC Proposes New Crypto Rules With $75M Fundraising Cap
The SEC proposes exemptions allowing qualifying crypto issuers to raise up to $75 million annually without registration. A conditional safe harbor could exclude qualifying crypto assets from investment-contract definitions under federal securities laws. The proposal would require disclosures on tokenomics, source code, governance and teams, with comments open for 60 days. The U.S. Securities and Exchange Commission proposed Regulation Crypto Assets on August 18, creating new fundraising exemptions for certain crypto investment contracts. The proposal would allow some issuers to raise up to $5 million over four years or $75 million annually without registration. The SEC also proposed a conditional safe harbor and state registration preemption. SEC Sets Two Fundraising Exemptions According to the SEC, the first exemption would permit one offering of up to $5 million during four years. The second would allow offerings of up to $75 million during each 12-month period. However, issuers using either exemption would need to provide principles-based narrative disclosures. Issuers using the $75 million exemption would also provide financial statements and ongoing reports. The proposal builds on the SEC’s March 2026 interpretation covering federal securities laws and certain crypto assets. Chairman Paul S. Atkins said the framework seeks clearer paths for crypto entrepreneurs raising capital under federal securities laws. Safe Harbor Targets Crypto Investment Contracts Notably, the SEC proposed a conditional safe harbor for certain crypto assets. If issuers satisfy its conditions, the assets would not qualify as investment contracts under the Securities Act and Exchange Act definitions. The proposal also addresses state requirements. It would preempt state securities registration and qualification rules for offerings using Regulation Crypto Assets exemptions. The SEC’s proposal includes principles-based disclosures covering information investors need about qualifying projects. The supplied material also identifies source code, structure, tokenomics, roadmaps, and core teams. SEC Opens 60-Day Comment Period The public can submit comments for 60 days after the proposal appears in the Federal Register. The SEC said the rules aim to clarify when crypto assets fall under federal securities laws. The proposal also includes anti-fraud and anti-manipulation provisions. Projects seeking the proposed safe harbor would face decentralization benchmarks, including independent governance and distributed nodes. In addition, the framework identifies token market independence as a benchmark. Under the supplied material, that means token value would depend on utility rather than centralized marketing. SEC Commissioner Hester Peirce said rules should allow well-intentioned people to follow them without abandoning legitimate pursuits. The post SEC Proposes New Crypto Rules With $75M Fundraising Cap appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
SOL price tests wedge resistance as buyers defend support, while rising volume adds weight to the latest recovery attempt in trading. Derivatives activity remains active, with open interest and volume showing traders remain engaged during Solana's volatile structure. Breaking the descending trendline could confirm a bullish shift, while losing $74.50 would weaken the current short-term setup materially. SOL is trading at a narrowing wedge as buyers hold on to the support, maintaining high volume that helps to keep the market on the radar of a breakout. Falling Wedge Keeps Buyers Engaged Alpha Crypto Signal recently identified a falling wedge forming on SOL's four-hour chart. The setup shows price compressing between two descending trendlines. Recent buying from the lower boundary has kept the bullish scenario intact. Source: X SOL initially advanced from roughly $73 toward $77.50 during the earlier move. Sellers then appeared repeatedly around the upper portion of the structure. Those rejections created a sequence of lower highs across the chart. Meanwhile, buyers repeatedly defended the $74.50-$75.00 region. Each defense prevented sellers from establishing a decisive breakdown. The repeated reactions created the lower boundary supporting the wedge. The latest candles show another rebound from that lower boundary. Price has moved toward the formation's middle area. However, the descending resistance line remains intact for now. Resistance Defines the Next Direction The upper trendline continues to be the obvious technical obstacle on the 4-hour time frame chart. A decisive close above that line would challenge the recent sequence. It would also provide the first meaningful confirmation of a bullish structural change. A breakout alone would not complete the setup. Traders would still need to see price maintain the reclaimed resistance afterward. A successful retest could establish that former resistance as new support. SOL as of writing is trading at $75.70 with a 0.69% daily gain. The token's market capitalization stands around $44.12 billion. The volume reported in 24 hours was about $1.11 billion, which is a 90.76% increase. That volume increase gives the current rebound greater market context. Earlier price advances also coincided with noticeable activity spikes. However, sustained volume would provide stronger confirmation than one elevated trading session. Derivatives Activity Adds Another Market Signal Solana's derivatives market has remained active across several major exchanges. Gate leads reported open interest near $797.2 million, followed by MEXC and Bybit. MEXC also leads reported SOL volume at approximately $1.05 billion. The broader volume chart shows several major spikes during periods of strong volatility. Some daily volume surges approached or exceeded $40 billion. Those bursts demonstrate how quickly participation can expand during major price movements. Open interest has also reached elevated levels during previous SOL rallies. However, sharp declines followed several positioning peaks, showing repeated deleveraging. Therefore, rising derivatives activity does not independently confirm a bullish trend. The immediate structure remains focused on the wedge boundaries. Holding $74.50-$75.00 keeps the current bullish setup technically active. A clean break above descending resistance, supported by volume, would strengthen the breakout case. The post SOL Price Tests Falling Wedge Resistance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ripple and Jeonbuk Bank Partner on Korea Cross-Border Payments
Ripple and Jeonbuk Bank launched near real-time cross-border payments, making Jeonbuk Korea's first regional bank to use Ripple Payments. Jeonbuk Bank will use Ripple Payments to streamline international transfers for importers, startups, and content creators. Ripple's Korean partnerships now span cross-border payments, digital asset custody, and on-chain government bond settlement. Jeonbuk Bank has deployed Ripple Payments for cross-border remittances, becoming Korea’s first regional bank to use the service. The partnership lets business customers settle international transfers in near real time, replacing traditional SWIFT-based processes that can take days. Ripple said the service runs 24/7 and settles payments within seconds to minutes. https://twitter.com/Ripple/status/2089533091853357138?s=20 The rollout targets the bank’s global business customers, including import-export companies, IT startups, and online content creators. These customers previously relied on bank transfers that moved through multiple intermediary banks using the SWIFT network. However, Ripple Payments changes the process by providing near real-time settlement. The service also gives Jeonbuk Bank a system for handling cross-border remittances outside traditional banking hours. Ripple Details Korea Partnership Fiona Murray, Ripple’s managing director for Asia Pacific, said the agreement adds to the company’s work with Korean financial institutions. She said regional banks serve businesses and described Jeonbuk Bank as Korea’s first regional bank using Ripple Payments. Park Choon-won, president of JB Jeonbuk Bank, said the partnership supports the bank’s move toward digital finance. He also said the agreement would create a new growth engine and support innovation beyond adopting new technology. The announcement follows two other Ripple partnerships in Korea this year. Kyobo Life Insurance, Korea’s largest life insurer, is exploring blockchain-based settlement for tokenized government bonds. Kyobo Life And Kbank Expand Ripple Work Kbank, Korea’s first internet-only bank, is deploying institutional wallet-as-a-service infrastructure through Ripple Custody. Its work with Ripple focuses on digital asset wallet infrastructure rather than cross-border payment settlement. Meanwhile, Kyobo Life Insurance’s project focuses on on-chain government bond settlement. The three partnerships cover different areas, including payments, custody, and wallet infrastructure. Ripple said each Korean institution approached the company with a different need. The company described its platform as covering custody, payments, treasury, and wallet infrastructure. Jeonbuk Bank’s deployment is the latest of the three Korean partnerships announced by Ripple this year. The bank is using Ripple Payments specifically for cross-border remittances serving its business customers. The post Ripple and Jeonbuk Bank Partner on Korea Cross-Border Payments appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Trump-Backed World Liberty Ties to Chinese AI Platform
WorldClaw offers 43 Chinese AI models from developers including Alibaba, Baidu, DeepSeek and Moonshot. World Liberty executive Ryan Fang advises WorldClaw on USD1 adoption, partnerships and AI service access. U.S. experts warn the partnership may create national security risks involving Chinese AI models and user data. Trump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers 90 AI models, Reuters reported Monday. A Reuters review found 43 models came from Chinese developers, including Alibaba, Baidu, Z.ai, DeepSeek, and Moonshot. WorldClaw also accepts World Liberty’s USD1 stablecoin as payment, linking the Trump family-backed crypto firm to the platform’s services. https://twitter.com/WuBlockchain/status/2089359438092128353?s=20 Chinese AI Models Face U.S. Restrictions However, several Chinese developers face U.S. restrictions tied to national security concerns. The Department of Defense designated Alibaba and Baidu as Chinese military-affiliated companies. That designation blocks the Pentagon from doing business with them. Meanwhile, Z.ai, formerly Zhipu AI, appears on the Commerce Department’s entity list. The listing restricts access to U.S. technology and generally requires export licenses. Reuters reported that Trump administration officials accused DeepSeek and Moonshot of stealing intellectual property from U.S. AI companies. Moonshot disputed those allegations, while Alibaba rejected its military designation. USD1 Links World Liberty To WorldClaw WorldClaw accepts USD1 for access to its AI models. The stablecoin is backed by assets including U.S. Treasury securities. The Trump family owns 38% of World Liberty and receives part of the interest earned on USD1 reserves. Reuters said token sales generated more than $1.4 billion for the family. Notably, World Liberty executive Ryan Fang serves as an external adviser to WorldClaw. His role covers USD1 adoption, partnerships, and wider access to AI services. Donald Trump Jr. and Eric Trump have also promoted WorldClaw on X. Reuters could not determine the companies’ financial arrangements. Officials Reject Conflict Concerns White House spokesperson Anna Kelly said there are no conflicts involving World Liberty and WorldClaw. World Liberty spokesman David Wachsman called WorldClaw independent. WorldClaw said offering a model does not endorse its developer. The company also said it helps American AI firms reach international users. However, experts raised concerns about potential risks. Sam Bresnick of Georgetown University said the arrangement conflicts with U.S. efforts addressing Chinese AI. Daniel Remler, a former State Department policy adviser, cited Chinese government monitoring and malicious code risks. WorldClaw says user inputs may be shared with companies providing its models. The post Trump-Backed World Liberty Ties to Chinese AI Platform appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ethereum Hegotá Upgrade Priorities Put Faster Blocks First, Ethlabs Confirms
Ethlabs gives Quick Slots S-tier status, targeting shorter Ethereum slots to improve confirmations and censorship resistance. FOCIL remains Hegotá’s headliner, while Frame Transactions could bring native account abstraction and broader wallet functionality. Ethlabs backs new data-pricing and Block Access List proposals to expand Ethereum Layer 1 capacity and efficiency. Ethlabs has outlined its priorities for Hegotá, Ethereum’s next planned upgrade after Glamsterdam. The eight-week-old nonprofit R&D lab recommends stronger censorship resistance, faster blocks, native account abstraction, and continued Layer 1 scaling. The recommendations come as Hegotá enters its second scoping phase, with FOCIL already selected as the upgrade’s headliner. Faster Blocks Lead Ethlabs’ Priorities According to Ethlabs, Quick Slots, or EIP-8198, should receive S-tier status in Hegotá. The proposal would reduce Ethereum’s 12-second slot time, with Ethlabs targeting 10 seconds initially. The group said faster slots could improve transaction confirmations, onchain market pricing, finality, and censorship resistance. It also said Hegotá could begin a longer move toward shorter slots. Ethlabs also supports FOCIL, or EIP-7805, which has already received SFI status. FOCIL is Hegotá’s headliner and focuses on strengthening transaction censorship resistance. Native Accounts Get Broad Support Ethlabs placed Frame Transactions, EIP-8141, in its A-tier ranking for native account abstraction. The proposal could support passkeys, sponsored transactions, ERC-20 gas payments, transaction batching, and privacy tools. However, Ethlabs cited adoption risks because account abstraction affects clients, wallets, Layer 2 networks, RPCs, and developer tools. The lab also placed Keyed Nonces and SETDELEGATE in A-tier. It gave the post-quantum signature proposal EIP-8355 an A-tier ranking. Ethlabs said Hegotá should establish a credible path toward post-quantum account security. Scaling Proposals Target Ethereum Capacity For continued Layer 1 scaling, Ethlabs gave EIP-8131 and EIP-8279 S-tier status. The proposals address data pricing and aim to improve accounting for transaction and Block Access List bytes. Ethlabs also placed Block Access List Sidecars, EIP-8146, in A-tier. The proposal would propagate Block Access Lists separately, helping execution clients begin state prefetching earlier. Meanwhile, the Hegotá scoping process moved into its second phase after the August 6 deadline. Ethlabs noted that proposed EIPs remain subject to client review and testing. Proposals currently move through PFI, CFI, and SFI stages before possible inclusion. Ethlabs said most proposed EIPs do not ultimately enter a final upgrade. The post Ethereum Hegotá Upgrade Priorities Put Faster Blocks First, Ethlabs Confirms appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Exchange Supply Rebounds as BTC Faces $65K Test
Bitcoin exchange balances recovered about 28,000 BTC by August 16, reversing 84% of the earlier decline. BTC has underperformed the S&P 500 across most trading days over three months, marking its longest such streak in six years. Bitcoin is within $1,000 of the $64,900 on-chain trader cost basis, with $65,000 emerging as key resistance. Bitcoin exchange balances have recovered most of their recent decline, while BTC approaches the $64,900 cost basis tracked by on-chain traders. Santiment said exchange supply reached about 1.332 million BTC on August 16, reversing roughly 84% of the coins removed between June 12 and July 28. Exchange Supply Reverses Six-Week Decline According to Santiment, Bitcoin exchange balances fell from about 1.337 million BTC on June 12. They reached roughly 1.304 million BTC on July 28, a decline of about 33,000 BTC. However, balances then increased by around 28,000 BTC through August 16. That leaves exchange supply about 5,200 BTC below the June peak. Notably, Santiment said the refill has flattened over the past few days. The data also shows that the earlier supply decline took six weeks to build. The reversal happened in less than three weeks. Santiment also explained how exchange balances can rise alongside strong ETF inflows. According to the firm, ETF creations can use OTC desks and existing holders. Therefore, ETF inflows do not always remove coins from visible exchange wallets. Bitcoin Trails Stocks Over Three Months The exchange data comes as Bitcoin’s relative performance against stocks has weakened. Glassnode said BTC outperformed the stock market on the latest trading day. However, Glassnode found that BTC outperformed the S&P 500 on only about one-third of trading days. The firm measured the period across the previous three months. That stretch represents Bitcoin’s longest such underperformance streak across its six-year history. Glassnode questioned whether the latest outperformance would continue or remain limited. The observation places Bitcoin’s recent market performance alongside the changes in exchange supply. Meanwhile, Darkfost highlighted another level traders are watching. BTC Approaches $64,900 Cost Basis Darkfost said BTC is slowly approaching the cost basis for on-chain traders. This group includes short-term holders with one million to three million days of age. Their cost basis currently is at $64,900. Darkfost said Bitcoin is within $1,000 of testing that level. According to the analyst, these investors frequently trade in and out of the spot market. For now, Darkfost said $64,900 continues to act as resistance. He also noted that significant confluence is around $65,000. Darkfost added that Bitcoin may not break above that level durably on its first attempt. The post Bitcoin Exchange Supply Rebounds as BTC Faces $65K Test appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Solana Whale Returns With $3.6M Purchase After Two Years Away
Solana whale GvHYQQ bought 47,535 SOL worth $3.6 million after more than two years of inactivity. The whale previously realized over $20 million in profit after selling 191,789 SOL at an average $128.36. SOL remains near $75 as mixed spot flows show alternating periods of buying and selling pressure. A Solana whale has returned with a $3.6 million purchase after more than two years of inactivity. Lookonchain said wallet GvHYQQ bought 47,535 SOL, after earlier 2023 purchases produced more than $20 million in realized profit. The latest purchase comes as SOL trades near $75. Whale Returns After Two Years According to Lookonchain, GvHYQQ bought 291,790 SOL during August and October 2023. The purchases cost about $6.82 million, giving the whale an average price of $23.37. SOL then climbed, allowing the whale to sell 191,789 SOL for $24.62 million. Those sales came at an average price of $128.36, according to Lookonchain. The sales generated more than $20 million in realized profit. After more than two years without activity, GvHYQQ has now bought another 47,535 SOL. Lookonchain valued the latest purchase at about $3.6 million. The transaction adds to the whale's previously reported SOL activity. SOL Spot Flows Remain Mixed The purchase comes as spot market flows shifted between inflows and outflows from August 5 to August 18. The supplied data shows several sharp moves in both directions. Notably, positive inflows reached roughly $6.0 million to $6.3 million around August 8. Source: Coinglass SOL rose from the $72-$73 area toward $77-$78 during the following sessions. However, several large outflows also appeared. Outflows approached $3.5 million around August 7, August 11, and August 17. Another outflow near $2 million appeared around August 18. The data therefore records alternating periods of capital entering and leaving spot markets. SOL Trades Around $75 SOL started the period near $74 before falling toward $72-$73 on August 6 and 7. It then recovered toward $77-$78 around August 9 and 10. Afterward, SOL moved toward $75-$76, finding support around $74-$75 before recovering toward roughly $76. Crypto Patel identified $60-$40 as a preferred accumulation zone and listed $300, $500, and $1,000 as targets. The analyst also asked whether SOL could fall below $60 again within four to five years. The post Solana Whale Returns With $3.6M Purchase After Two Years Away appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.