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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.

The lending design lets deposited XRP serve institutional liquidity needs while holders retain exposure under clearly defined loan terms.
Fixed-term loans could give institutions structured access to XRP liquidity without requiring direct market sales by existing holders.
Credit assessment, first-loss protection, and compliance controls remain central to the proposed framework and its institutional model.
XRP lending could reshape how holders use their assets, connecting deposited liquidity with structured institutional borrowing on-ledger.
A New Utility for Held XRP
The proposed lending framework introduces another use for XRP beyond holding or selling. Depositors can place assets inside Single Asset Vaults for lending activity. Those funds then become available to borrowers under defined loan terms.
The structure uses pooled funds to support fixed-term, uncollateralized loans. This differs from conventional DeFi models using automated collateral and liquidation. Instead, credit decisions rely on off-chain underwriting and risk-management processes.
The design directly relates to the institutional thesis presented by X Finance Bull. Its commentary suggests holders could lend XRP while institutions access available liquidity. That model changes holding from passive ownership toward participation in credit markets.
https://twitter.com/Xfinancebull/status/2088823961153126713?s=20
However, the framework remains dependent on its specified lending conditions. Borrowers must receive funds and later repay according to established terms. Therefore, deposited liquidity moves through a controlled lending cycle rather than unrestricted borrowing.
How the Lending Flow Works
The protocol identifies three main participants: loan brokers, depositors, and borrowers. Brokers create asset vaults and manage the loans linked to those vaults. Depositors supply assets, while borrowers receive funds and complete repayments.
The flow begins when a depositor adds assets to a vault. The broker then creates the loan and provides access to available liquidity. Borrowers subsequently withdraw funds and repay them under agreed conditions.
This arrangement separates liquidity provision from loan administration. That separation allows brokers to manage credit relationships while depositors supply underlying capital. It also creates a defined path from deposited assets to borrower repayment.
For institutions, fixed-term structures can provide clearer lending arrangements. The borrower receives liquidity under predetermined conditions rather than open-ended borrowing. Meanwhile, depositors can maintain underlying exposure while participating in lending activity.
Credit Controls Shape the Framework
The lending design does not currently include automated on-chain collateral or liquidation management. Instead, borrower creditworthiness depends on off-chain underwriting and ongoing risk management. That distinction makes credit assessment central to the system's operation.
First-loss capital protection provides another layer within the lending structure. It is intended to absorb losses resulting from borrower defaults. This protection separates potential credit losses from the broader pool of deposited assets.
Compliance features also appear directly within the proposed architecture. Asset issuers can claw back funds associated with lending vaults when required. They can also freeze individual accounts or apply a global freeze.
The amendment status shown in the framework remains important for assessing availability. The Lending Protocol amendment is presented as open for voting. Therefore, the displayed architecture represents a proposed framework rather than confirmed full deployment.
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XRP has been trading at a level around $1, with $1.0150 and $1.0650 as the next significant resistance levels for the traders.
Any rejection above the $1.0150 level could signal a return to short-term selling, and continued strength could drive $1.0650 next.
Extension of the U.S.-Iran ceasefire could give a lift to risk sentiment should it be ratified by both parties.
XRP remains near a critical psychological level as technical resistance, weak structure, and shifting geopolitical conditions shape the next market move.
XRP Tests the $1.00 Psychological Level
The short time frame is in a state of flux as XRP encounters immediate resistance at the $1.0150 price level. Cryptowzrd said the daily close was indecisive and the intraday trading was choppy. The setup therefore places greater importance on confirmation around nearby resistance levels.
Source: X
The price of XRP is as of writing trading at $0.9994, maintaining the token near $1.00. Recently, intraday trading was in the range of about $0.988 to $1.002. The range indicates that the price is still in the state of buying, while the psychological level is the resistance.
The recovery from approximately $0.988 provides an important short-term signal. Following the sell-off, buyers quickly reversed the trend and started to rally the price back towards the $1.00 level. That is, however, yet to deliver a clear move above $1.002.
A break above $1.0150 will alter the immediate trading dynamics. According to the cited outlook, rejection after that move could create short-term selling pressure. Conversely, continued strength could direct price toward the $1.0650 resistance.
Resistance Levels Define the Immediate Trading Range
The $1.0650 level represents the next major upside barrier on the intraday structure. Price would need sustained momentum after breaking $1.0150 to approach that zone. Failure beneath either level would keep the current range structure intact.
The broader daily chart remains weaker below $1.0700. XRP has formed repeated lower highs since the sharp decline beginning around June. Several recovery attempts have failed before producing durable trend reversals.
The $1.0700 area therefore carries greater structural importance than $1.0150. Reclaiming it would provide stronger evidence that sellers are losing control. Until then, rallies remain vulnerable to renewed selling pressure.
Further upside would bring the $1.3000 region into focus on the displayed chart. A larger projection extends toward approximately $1.5500 after that resistance. However, those levels remain distant without successful recovery through nearer barriers.
Macro Conditions Add Another Market Variable
The reported U.S.-Iran ceasefire extension introduces another variable for cryptocurrency markets. TEKT0NIC reported that Washington and Tehran reportedly agreed to extend negotiations. The post also noted that confirmation from both governments remains limited.
Reduced geopolitical tension could improve broader risk sentiment across financial markets. Such conditions can provide support for assets exposed to changing risk appetite. However, traders still require clearer confirmation before treating the report as an established fact.
Other reports have indicated that the original ceasefire period expired without breakthrough. Iranian officials have also previously denied active discussions regarding an extension. Those conflicting accounts leave geopolitical uncertainty unresolved for now.
For XRP, the technical and macro signals therefore remain closely connected. A confirmed geopolitical improvement could support broader market participation and recovery attempts. Still, price confirmation above $1.0150 remains the immediate technical requirement.
The chart's downside reference remains near $0.9000 if selling pressure returns. That level represents the major support identified within the broader structure. A break toward that zone would weaken the recent recovery from the $0.988 intraday low.
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PORT VILA, Vanuatu, Aug. 18, 2026 /PRNewswire/ -- Vantage Markets expanded its Pre-IPO CFD offering with the launch of its Unitree Pre-IPO CFD for eligible clients, available from 10 August 2026 under the symbol UNITREEUSD. The launch provides eligible clients with exposure to movements in the applicable reference price of Unitree Robotics, a company operating in the fields of embodied artificial intelligence (AI) and robotics.
The Unitree Pre-IPO CFD is a leveraged derivative product that provides eligible clients with exposure to movements in its applicable reference price, as determined in accordance with Vantage's applicable pricing methodology and trading terms. It does not provide ownership of Unitree shares, participation in or entitlement to the Unitree IPO or any IPO allocation, voting rights, dividends or other shareholder benefits. Availability is subject to jurisdictional restrictions, client eligibility and applicable trading conditions.
The launch extends Vantage's existing range of Pre-IPO CFDs linked to OpenAI and Anthropic, reflecting increasing interest in companies operating at the forefront of artificial intelligence and emerging technology.
"As innovation increasingly happens before companies reach public exchanges, investors are paying closer attention to opportunities that sit outside traditional listed markets," said Marc Despallieres, Chief Executive Officer of Vantage Markets. "The growing interest surrounding companies such as Unitree demonstrates how investor demand is evolving beyond established technology names towards frontier AI and robotics."
The situation reflects a broader shift across global capital markets. As high-growth technology companies remain private for longer and increasingly choose domestic listing venues, market participants are paying greater attention to businesses shaping the future of artificial intelligence before they become publicly listed.
Some trading platforms have introduced derivative products linked to selected private companies, allowing eligible clients to trade CFDs based on movements in applicable reference prices. Such products do not provide ownership of the underlying companies or participation in their IPOs.
Against this backdrop, Unitree's IPO represents more than a milestone for a single robotics company. It also illustrates how significant technology innovations can emerge before they become readily accessible through conventional investment channels.
Unitree began book-building on 5 August, with online and offline subscriptions opening on 10 August ahead of settlement on 12 August. The company priced its IPO at RMB150.80 per share, implying a valuation of approximately RMB61 billion at the offering price.
For mainland investors, participation proved highly competitive. At the final offer price of RMB150.80 per share, a standard 500-share subscription lot represented a nominal value of RMB75,400. The offering was more than 8,000 times oversubscribed by retail investors, resulting in a final retail allocation rate of approximately 0.018%.
For investors outside mainland China, direct participation is subject to China's regulatory framework and applicable investor eligibility requirements. Because Unitree's IPO is taking place on Shanghai's STAR Market, offshore retail investors generally cannot subscribe to a mainland STAR Market IPO directly through a conventional overseas brokerage account. For much of the international retail investing community, this makes direct participation in one of the year's most closely watched AI listings difficult to access.
By expanding its pre-IPO CFD offering to include Unitree alongside OpenAI and Anthropic, Vantage continues to broaden its range of CFD products linked to companies operating in emerging technology sectors. As AI and robotics continue to develop, these companies are attracting increasing attention across global markets.
For further information about Vantage's Unitree Pre-IPO CFD and applicable trading conditions, visit Vantage Markets.
About Vantage
Vantage Markets is a multi-asset CFD broker offering access to Gold, Forex, Commodities, Indices, Shares, ETFs, and Bonds. With over 17 years of experience, Vantage provides a reliable trading platform, an award-winning mobile app, and a user-friendly trading experience.
Risk Warning: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trading CFDs may not be suitable for all investors. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. The Unitree Pre-IPO CFD does not provide ownership of Unitree shares, participation in or entitlement to the Unitree IPO or any IPO allocation. Vantage is not affiliated with, sponsored by, endorsed by, or otherwise associated with Unitree Robotics, OpenAI or Anthropic. The names and trademarks of these companies are used for identification purposes only. Availability of products and services described in this release is subject to jurisdictional restrictions and may not be available to residents of certain countries or regions.
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.
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Binance outflows from UNI’s 10 largest transactions reached a five-year high as the token approached $3.
UNI’s annualized burn rose to about $90 million after the Robinhood-linked fee switch began on July 27.
UNI remains bearish below $3.40, with $3.25-$3.20 providing support as momentum indicators show early improvement.
Uniswap (UNI) fell from above $4.40 in late July to about $3.25, while whale accumulation reached a five-year high. Analyst Darkfost said Binance outflows from the largest transactions hit records near $3, while Standard Chartered’s Geoffrey Kendrick raised his 2030 UNI target view. UNI’s short-term chart remains bearish despite improving momentum.
UNI Outflows Reached a Five-Year Record
According to Darkfost, UNI accumulation on Binance has reached its strongest level in five years during this dip. He tracks accumulation through daily outflows from Binance’s 10 largest transactions.
Notably, those outflows reached record levels when UNI approached $3. The token peaked above $43 in 2021, leaving it down more than 93% from that high. The 10 largest daily transactions averaged 7,300 UNI leaving Binance, a five-year record. However, the same group still accumulates 5,600 UNI daily.
Kendrick Points to Higher UNI Burn
Meanwhile, Standard Chartered analyst Geoffrey Kendrick said his $100 UNI target for 2030 may be too low. He said the Uniswap-Robinhood partnership is performing better than expected.
The Robinhood-linked fee switch started on July 27, after which UNI burn roughly doubled. Kendrick put the annualized burn near $90 million, equal to about 25 million UNI. That figure represents slightly more than 4% of circulating supply at the current UNI price.
Kendrick said a 4% burn rate is unsustainable. At his $6.50 year-end 2026 target, Kendrick estimates annualized burn at 2.2%. He also noted that additional partnerships could affect the rate.
UNI Holds Near $3.25 as Momentum Improves
UNI trades at $3.2783, down 0.45%, after opening at $3.2943. The candle reached $3.2943 and fell to $3.2616. UNI broke below $3.60 and $3.40 around August 12–14, with large volume spikes during both declines.
Source: TradingView
Price later stabilized around $3.25–$3.30. RSI is at 39.64 against an average of 35.92. It remains below 50, while its recovery shows easing selling pressure. The MACD line is -0.0713 versus -0.0956 for its signal line.
The 0.0242 histogram is positive, but both lines remain below zero. Support is at $3.25–$3.20, while resistance is at $3.40, $3.55–$3.60, and $3.80. A break below $3.25 could renew selling.
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LINK remains above its 50-day and 200-day averages, with $9.50 acting as the next key resistance.
A break above $9.50 could open a move toward $10, while $10.45-$10.90 remains major resistance.
Nearly 290,000 LINK worth $2.74 million moved from Binance to a Gnosis Safe multisig wallet.
Chainlink is holding above key moving averages as analysts watch whether LINK can clear $9.50 and approach $10. Michael van de Poppe outlined possible dip-buying levels, while Onchain Lens reported 289,760 LINK moved into self-custody. Meanwhile, LINK trades near $9.396 after a strong late-July and August advance.
Analysts Track LINK’s Next Price Levels
Van de Poppe said buyers could consider LINK later if Bitcoin fails to break $63,400. He also said he would remain interested if LINK falls below $10. The MA50 is at $8.84, while the MA200 sits at $8.48.
Notably, the MA50 has moved above the MA200 after turning upward. Trading volume also increased during the latest advance. Next resistance sits near $9.48-$9.50, followed by the $9.97-$10.00 area.
Historical resistance remains between $10.45 and $10.90. Those levels follow LINK’s earlier move toward its May peak.
Nearly 290,000 LINK Moved to Self-Custody
Onchain Lens reported that a wallet transferred 289,760 LINK worth about $2.74 million. Tokens moved to a Gnosis Safe Multisig wallet two hours before the report. According to Onchain Lens, the wallet accumulated the LINK from Binance over the previous month.
The transfer moved the tokens from the exchange to the multisig wallet. Quinten also highlighted three features for institutional stablecoins. He cited proof of reserves, cross-chain connectivity and onchain identity and compliance.
Quinten described those as the three components institutions need for stablecoins. His comments came as LINK traded above its two key moving averages.
LINK Recovery Faces Key Resistance Levels
LINK previously reached about $10.90 in early May before falling toward $7.20 in June. That June area later became a major support zone. From late June, the token formed higher lows before breaking through the $8.00-$8.50 range. Price then accelerated during August.
Source: Santiment
The setup leaves $8.84 as the first support. Below that level, $8.48 and $8.00-$8.20 provide additional areas. If LINK clears $9.50, the next levels are $10.00 and $10.45-$10.90. However, a sustained break below $8.84 could expose the $8.48 support level and weaken the technical structure.
The post Chainlink Eyes $10 as Analysts Track LINK’s Next Move appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

CZ will abandon a public wallet after unsolicited meme coins made its BNB balance difficult to track.
He plans to donate the wallet’s remaining BNB and 币安人生 tokens to Giggle Academy before retiring the address.
Token burns triggered speculation, with one unofficial token surging from $40,000 to $30 million in market value.
Changpeng Zhao said he will stop using a public wallet after donating its BNB and 币安人生 tokens to Giggle Academy. The Binance founder made the decision after unsolicited meme coins crowded the wallet and his attempts to remove them triggered speculation. He said blockchain transparency made every wallet interaction open to community interpretation.
CZ Plans to Retire the Wallet
Zhao said he was testing Trust Wallet when he noticed the growing number of meme coins. The tokens made it difficult to locate his BNB balance. He tried burning some unwanted tokens, but the action created further community discussion.
According to Zhao, more meme coins arrived whenever he burned existing ones. He also considered asking Trust Wallet to add an “Ignore Coin” feature. However, he said such a feature would benefit only a small portion of users.
Zhao then outlined a different solution for the wallet. He plans to send its BNB and 币安人生 tokens to Giggle Academy. Afterward, he said he will stop using the address entirely. He described the wallet as effectively becoming a burn address.
Token Burns Trigger Market Activity
The wallet activity also drew attention from Lookonchain analysts. They reported that Zhao burned 4,444 tokens from each of two third-party projects. One of those assets was an unofficial clone, according to the provided information.
Speculators nevertheless interpreted the transaction as an on-chain signal. The clone’s market capitalization reportedly jumped from $40,000 to $30 million. Its price also rose more than 30,000% during the move.
Meanwhile, the legitimate version traded on Binance Alpha remained stable. The sharp move later reversed as the clone’s market capitalization fell to $5.26 million.
Zhao Cites Blockchain Transparency
Zhao compared the reaction with earlier crypto events involving prominent wallet activity. He said community members repeatedly try to interpret what his transactions mean. The situation also recalled the 2021 Shiba Inu episode involving Vitalik Buterin. Buterin burned SHIB tokens that project creators had sent to his wallet.
In Zhao’s case, token creators reportedly sent spam assets to his address while using his identity. The resulting transactions then attracted further attention from traders and community members.
Zhao said he could not permanently clean the wallet because new tokens would continue arriving. Therefore, he plans to donate the remaining BNB and 币安人生 tokens before abandoning the address.
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Vitalik Buterin says Ethereum can borrow Utreexo ideas to reduce state storage and improve network scalability.
Native UTXOs could cut permanent Ethereum state usage by about 99.8% for simple payment activity.
Recursive STARKs could reduce bandwidth demands, while native UTXOs remain a research proposal rather than a roadmap target.
Vitalik Buterin said Ethereum’s scaling research can draw from Bitcoin’s Utreexo, a system that reduces the need to store full blockchain state. In an Aug. 16 post, Buterin credited Bitcoin developers for pioneering related ideas and described Ethereum’s proposed approach as a mix of UTXO-style and dynamic state across different types of network activity.
Buterin Points to Utreexo for Ethereum Scaling
Buterin said Ethereum should support UTXO-style state, dynamic state and models between them. He said the approach could scale most Ethereum activity without sacrificing decentralization, node operation or censorship resistance.
Utreexo, proposed by Bitcoin developer Thaddeus Dryja in 2019, uses a compact cryptographic accumulator for Bitcoin’s UTXO set. Nodes can verify transaction outputs through inclusion proofs instead of storing the entire set locally.
That model addresses storage pressure, while Ethereum faces a broader state problem. Its account-based system also stores smart-contract balances, code and application data.
Ethereum Proposal Adds Native UTXOs
Ethereum researcher Toni Wahrstätter proposed native UTXOs for simple payment activity. The proposal would keep Ethereum’s account model while adding UTXO-style payments for transactions needing little persistent state.
According to the proposal, native UTXOs could reduce permanent state usage by about 99.8%. It estimates roughly 300 MB for one billion entries, compared with 100 GB to 150 GB under equivalent account models.
However, the proposal remains a research design. It depends on EIP-8141, which introduces programmable transaction frames for validation, gas payments and execution.
Recursive STARKs Target Network Bandwidth
Buterin has also proposed recursive STARKs for the Ethereum mempool. His January research assumes proofs of about 128 kB and uses recursive aggregation to combine validity proofs.
The model targets bandwidth rather than permanent state storage. With eight peers and 500-millisecond aggregation intervals, Buterin estimated additional bandwidth at about 2 MB per second per node.
A community response suggested combining recursive STARKs with native UTXOs could support very large transaction volumes. However, that remains an extrapolation, not an Ethereum throughput target.
Ethereum’s roadmap lists Hegotá for 2027, after Glamsterdam in late 2026. Native UTXOs are not currently scheduled for Hegotá, while Frame Transactions remain under consideration.
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Bitcoin demand remains weak as capital shifts toward equities, AI and commodities amid record dormant supply.
More than 14,000 BTC entered dormant supply in 30 days, pushing 10-year inactive holdings to 3.56 million BTC.
BTC momentum is improving near $63,500, with $64,000 resistance and $63,000 support shaping the next move.
Bitcoin is facing weaker demand from a broader market rotation, while dormant holdings reach a record 3.56 million BTC. Glassnode said consumer confidence recently hit an all-time low as stocks reached new highs, while capital moved into equities, AI and commodities. Meanwhile, analyst Darkfost said more Bitcoin continues entering the dormant supply.
Glassnode Tracks Bitcoin’s Market Rotation
According to Glassnode, Bitcoin has been significantly neglected during the latest allocation shift. The firm said money has moved from cash toward equities, AI and commodities. However, Bitcoin’s short-term price action shows buyers returning near lower levels.
BTC trades at $63,579.40, up $182.85, or 0.29%, on the latest four-hour candle. The price recently fell from the $65,000-$65,200 area toward $62,800-$63,000. Buyers have since pushed BTC back above $63,500.
The immediate support sits near $63,000, while stronger support remains around $62,000-$62,500. On the upside, $64,000 is the first resistance zone.
Dormant Bitcoin Supply Reaches a Record
Darkfost reported that Bitcoin supply untouched for more than 10 years reached 3.56 million BTC. That amount represents about 17.7% of circulating Bitcoin supply. Notably, more than 14,000 BTC entered this dormant supply during the past 30 days.
Darkfost said the measure can change when previously untouched coins become active. A rare example occurred in July 2025, when some long-dormant Bitcoin returned to circulation. However, the overall dormant supply has continued increasing.
The data therefore tracks Bitcoin that has remained unmoved for more than a decade. Darkfost described this group as supply that can be considered lost.
BTC Momentum Improves Near $63,500
Bitcoin’s momentum indicators have also strengthened during the recent recovery. The RSI stands at 57.69, while its moving average remains at 42.69. Meanwhile, the MACD line is near -94.56 against a signal line at -183.01.
Source: TradingView
The resulting histogram reads 88.45, showing improving short-term momentum. A sustained move above $64,000 would place $65,000-$65,200 next. Above $65,200, the next level identified in the analysis is $66,000.
Conversely, rejection between $64,000 and $65,000 could bring $63,000 back into focus. A break below that level would expose the $62,000 area.
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More than 1,700 unlicensed platforms faced restrictions after MiCA took full effect, while 323 firms appeared in an ESMA authorization snapshot.
Regulators warn scammers are impersonating ESMA and crypto firms with fake documents, recovery offers and demands for fees.
Users should verify providers through the official ESMA register and confirm the legal entity authorized to serve their accounts.
EU regulators are warning crypto users about migration scams after MiCA rules took full effect across the bloc on July 1. More than 1,700 unlicensed platforms faced service restrictions, while only 323 firms had MiCA authorization in an ESMA snapshot, forcing users to seek regulated providers.
Regulators Warn of Fake Migration Notices
The transition has created an opening for impersonation scams. According to CoinDesk, France’s AMF found criminals posing as employees and demanding fees to recover stolen funds. ESMA confirmed criminals were using its name, logo and fake documents.
Scammers used those materials to make false claims about users’ funds. Meanwhile, the Dutch AFM warned fraudsters could target customers seeking replacement providers. It advised users to check the official ESMA register before transferring assets.
Austria’s FMA issued a similar warning after the July 1 deadline. It urged customers to verify providers before moving assets or sending funds to self-hosted wallets.
MiCA Data Shows a Wider Migration
The number of affected platforms varies by dataset. VASPnet data cited by CoinDesk put the number above 1,700, while ESMA listed 323 authorized companies. TRM Labs counted 1,343 operating EEA crypto providers on July 1.
Its analysis found 281 authorized firms and 1,062 without MiCA authorization. However, ESMA’s rules did not require every unauthorized provider to shut down immediately. Firms had to stop new onboarding, marketing and new client relationships.
They could still support activity for asset sales, transfers, reallocations and closures. Custody could continue during an orderly wind-down.
Users Face Risks When Moving Crypto
The FCA reported 4,465 fake impersonation cases during the first half of 2025. It said 480 victims lost money, while scammers used screen-sharing tools. Exchanges also contact customers about withdrawals, transfers and account restrictions.
That makes false notices harder for users to identify. The AMF and AFM said they do not request fund transfers through private messages. ESMA also said it does not request personal information or fees to recover funds.
Regulators advise users to verify the legal entity serving their account. A MiCA authorization held by one group company does not automatically cover every affiliate.
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XRP price tests $1 as buyers defend support, while sellers seek a decisive daily breakdown beneath this psychological boundary now.
A break above $1.10 could challenge descending resistance, while RSI weakness preserves downside pressure across trading conditions.
The $0.9999 reading adds psychological focus, but sustained acceptance above $1 remains necessary for stronger bullish market structure.
XRP price sits near a key psychological threshold as the descending triangle continues today. Weak momentum keeps traders focused on confirmation before the market establishes direction near $1.
$1 Support Becomes the Main Market Test
XRP traded near $1.0022 on August 15, keeping the psychological level in focus. The daily chart shows repeated reactions around this area since early June. Price therefore remains positioned at a clear decision point for buyers and sellers.
XRP Update recently referenced a $0.9999 reading near the same threshold. The post linked the repeated digits with an ending cycle and possible new beginning. From the chart, however, sustained price acceptance remains the measurable factor.
https://twitter.com/XrpUdate/status/2088434842719707575?s=20
The August 15 session opened around $0.9993 and reached approximately $1.0076. It also recorded a low near $0.9981, showing limited movement around the dollar level. Such tight trading reflects a market waiting for stronger directional participation.
The XRP price has also shown difficulty maintaining sustained closes above $1. That behavior keeps the threshold relevant as both resistance and potential support. A sustained hold above it would provide stronger evidence of improving short-term structure.
Descending Triangle Keeps Pressure on XRP
The daily structure contains a descending resistance line from the July highs. That line currently approaches the $1.10-$1.15 region. Buyers need to overcome this declining barrier before the structure changes materially.
Source: (Tradingview)
The horizontal base remains near $1, creating the triangle's lower boundary. Multiple support tests have occurred without producing a sustained recovery. Repeated tests can increase downside pressure when buyers cannot generate stronger rebounds.
A confirmed break above the descending line would shift attention toward higher resistance zones. The next area to see is around $1.20 and the $1.30-$1.40 region. Confirmation would require a daily close and stronger trading activity.
A daily close below $1 would instead strengthen the bearish setup. Historical chart structure places possible downside areas near $0.90 and $0.80. Those levels would depend on momentum following any confirmed support failure.
RSI Shows Momentum Has Not Recovered
The daily RSI currently stands near 36, while its moving average sits around 39. That positioning shows momentum remains below its recent neutral range. However, the indicator has not reached deeply oversold territory.
RSI weakness leaves room for additional selling if $1 fails decisively. Conversely, a recovery above 40 could signal improving momentum conditions. A move toward 50 would provide a stronger confirmation of renewed buying pressure.
Trading volume remains comparatively subdued across the recent consolidation. Earlier heavy activity accompanied sharper price movements during previous declines. Current conditions instead suggest limited conviction while XRP remains near the triangle base.
The market therefore remains balanced around a closely watched technical boundary. The $0.9999 reference adds psychological attention, but price action must confirm any cycle change. Until then, $1 remains the clearest dividing line between recovery and renewed weakness.
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Rakuten’s reported payment route connects loyalty points with XRP, Rakuten Cash and everyday spending through its established consumer network.
More than 100 million Rakuten users represent potential reach, while actual XRP payment activity remains the key adoption measure.
The model moves XRP beyond trading by connecting acquisition, conversion and spending within related Rakuten financial services.
XRP utility in Japan is moving into a consumer payment setting, linking digital assets with Rakuten’s points, cash, and payment services across a familiar retail ecosystem in Japan.
Rakuten Creates a Route Into XRP Payments
In a recent post, John Squire highlighted Rakuten’s reported reach exceeding 100 million users. He noted customers can buy XRP using Rakuten Points, then convert it into Rakuten Cash. The resulting balance can be spent through Rakuten Pay within the payment ecosystem.
https://twitter.com/TheCryptoSquire/status/2088471995293860274?s=20
The structure begins with loyalty points rather than conventional cash deposits. That starting point could make cryptocurrency access more familiar for existing Rakuten customers. Users can therefore encounter XRP through services they already understand and use.
The reported process connects several stages within Rakuten’s broader financial network. Customers can acquire XRP before converting its value into Rakuten Cash. That balance can then move toward everyday purchases through supported Rakuten Pay services.
This pathway changes how cryptocurrency can enter a consumer’s routine. Instead of stopping at acquisition or investment, the asset reaches another spending stage. Actual transaction activity will determine how widely customers adopt that route.
Consumer Reach Gives the Model Wider Exposure
Rakuten’s reported user base exceeds 100 million people across its Japanese services. However, that figure represents potential reach rather than confirmed XRP payment adoption. Actual usage will depend on how many customers choose this transaction pathway.
Earlier reports referenced approximately 44 million Rakuten Pay users and over five million merchant locations. Those figures provide a narrower view of the payment network supporting the arrangement. The broader membership figure covers Rakuten’s wider consumer ecosystem.
The distinction between membership and payment activity remains important for measuring adoption. A large customer base does not automatically translate into frequent cryptocurrency transactions. Usage frequency, conversions and spending behavior provide more direct measures.
The payment route also reduces the need for users to change platforms. Customers can remain within related Rakuten services while moving between points, cryptocurrency and cash. That integrated structure creates a simpler path between rewards and digital-asset spending.
XRP Moves Toward Practical Transactional Use
Rakuten Wallet already provides access to XRP trading within its financial services. The reported payment connection adds another function beyond buying and holding the asset. Together, these services connect acquisition, conversion and potential spending.
The accompanying post asks whether consumers would actually use XRP for everyday payments. That question shifts attention from market ownership toward repeated transactional activity. Regular spending would provide clearer evidence of practical consumer use.
The image also places XRP directly beside Rakuten’s payment branding. It visually connects the cryptocurrency with Rakuten Pay and its surrounding retail infrastructure. The arrangement presents XRP within a broader payment process rather than separately from consumer commerce.
For XRP, the next measurable step remains actual usage across the network. Customers must choose the route from Rakuten Points through XRP and Rakuten Cash. Continued participation would show whether the payment connection develops beyond its initial availability.
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World Liberty Trust received preliminary OCC approval to organize a national trust bank focused on USD1 issuance and institutional custody.
The proposed bank would replace BitGo as USD1’s exclusive issuer and institutional custodian under federal OCC supervision.
WLTC will not seek FDIC insurance, a Federal Reserve master account or status as a bank under the Bank Holding Company Act.
World Liberty Trust received preliminary conditional approval from the U.S. OCC to organize a national trust bank for USD1 operations. The proposed bank would issue and redeem USD1, manage its reserves, and provide digital asset custody for institutional clients under federal supervision.
https://twitter.com/ZachWitkoff/status/2088368684548948193?s=20
USD1 Issuance And Custody Move Under One Entity
The approval allows World Liberty Trust Company, National Association, to proceed through the remaining chartering steps. However, WLTC must satisfy OCC conditions and complete preopening requirements before starting operations.
World Liberty Financial said WLTC would replace BitGo as the exclusive USD1 issuer and custodian for institutional clients. The company also plans to offer digital asset custody services to institutional customers nationwide.
According to Zach Witkoff, World Liberty Financial’s co-founder and CEO, the company received conditional approval to organize WLTC. He said the bank would issue USD1 and provide custody under OCC supervision.
USD1 has more than $4 billion in circulation, according to World Liberty Financial. The stablecoin’s reserves include U.S. dollars held at financial institutions, government money market funds, and cash equivalents.
The company said WLTC would use segregated customer assets, independent reserve management, and AML and sanctions screening. It would also undergo regular OCC examinations after opening.
Five-Member Board To Oversee Proposed National Trust Bank
WLTC will have a five-member board led by Zach Witkoff as chair. Scott Alper, president and chief investment officer of Witkoff Group, will also serve on the board.
Robert Witkoff, a former co-chief investment officer at The Chubb Corporation, will join the board. Jeffrey Weiner, former chairman and CEO of Marcum LLP, will serve as an independent director.
Erin Baskett, a FINRA Board of Governors member and Sine Qua Non Capital founder, will also serve independently. Mack McCain will become chief trust officer, while Daniel Dietzel will serve as chief financial officer.
World Liberty Trust does not plan to become a federally insured depository institution. It also does not plan to seek a Federal Reserve master account or become a bank under the Bank Holding Company Act.
USD1 is available through Binance, Coinbase, Kraken, Bybit, OKX, Bitget, Gate, KuCoin, Crypto.com, and MEXC. It is also available through decentralized exchanges including Uniswap and PancakeSwap.
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DOGE’s monthly chart shows an inverted hammer, TD Sequential buy signal and developing doji similar to its August 2022 setup.
Large holders accumulated more than 430 million DOGE over the past week as the token traded near $0.0700.
A sustained break above $0.0813 could expose DOGE to the next resistance near $0.177, according to Ali Charts.
Dogecoin is showing a monthly setup that analyst Ali Charts says resembles August 2022 before a 145% rally. The analyst cited a Tom DeMark Sequential buy signal, an inverted hammer, and a developing doji candle. He also reported that large holders accumulated more than 430 million DOGE over the past week.
Dogecoin Forms Pattern Seen Before 145% Rally
Ali Charts said the monthly chart flashed the TD buy signal last month. He compared the current structure with August 2022, when DOGE formed an inverted hammer and TD buy signal. A doji candle followed that setup in 2022, before DOGE recorded a 145% monthly rally.
The current monthly chart has also developed an inverted hammer, TD buy signal, and developing doji. However, Ali Charts did not state that the same price move would occur again. He said the pattern could precede a significant move if the earlier sequence repeats.
Whale Accumulation Adds to the Technical Setup
The analyst also pointed to activity among large DOGE holders. According to Ali Charts, whales accumulated more than 430 million DOGE during the past week. That buying came as DOGE traded between roughly $0.0680 and $0.0725 from August 4 through August 16.
Source: Coinglass
Spot flow data, however, showed mixed movement during the same period. The largest outflow appeared around August 7, reaching about $5.2 million. Other major outflows approached $3.5 million around August 6 and August 14.
By comparison, the strongest inflow reached roughly $2.5 million around August 11. DOGE climbed toward $0.0725 during that move before falling back toward $0.0700.
$0.0813 Remains the Main Resistance Level
Ali Charts identified $0.0813 as the key resistance area, where more than 30 billion DOGE were previously transacted. He said a sustained close above that level could open the next resistance near $0.177.
Meanwhile, spot flows weakened on August 15 and 16, with bars moving close to zero. DOGE traded around $0.0697-$0.0700 as flow pressure eased. The chart shows $0.0700 as a psychological pivot, with $0.0710 and $0.0720-$0.0725 above it. Below, $0.0690 and $0.0680 mark the next levels cited by the chart.
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A whale transferred 984,550 LINK worth $9.23 million to Coinbase after accumulating 2.41 million LINK from Binance.
LINK climbed above its 50-day and 200-day moving averages at $8.71 and $8.44, strengthening its technical setup.
LINK faces resistance near $9.40-$9.50, while $8.71 and $8.44 remain key support levels for the current recovery.
Chainlink is facing fresh whale activity as LINK trades near $9.39 after breaking above key moving averages. Onchain Lens reported that a whale sent 984,550 LINK worth about $9.23 million to Coinbase. The transfer came after the whale accumulated about 2.41 million LINK from Binance over the past month.
Whale Sends Nearly 1M LINK to Coinbase
The whale still holds about 1.43 million LINK, valued near $13.43 million. Onchain Lens estimates the remaining holdings carry an unrealized profit of about $1.42 million. Meanwhile, Michael van de Poppe said LINK has moved above its moving averages on the higher timeframe.
He also pointed to large bullish divergences on the asset. According to van de Poppe, the move could mark an end to LINK’s four-year downtrend. However, he said traders should avoid chasing the current move.
His first scenario involves Bitcoin making a slight low sweep without falling sharply toward $61,000. Under that scenario, he expects LINK could trade below $9.20 before moving toward $11.
LINK Breaks Above Key Moving Averages
The chart shows LINK trading around $9.392 on August 16. Price recently climbed from the $8.20-$8.50 area and moved above the 50-day and 200-day moving averages. The 50-day average is at $8.71, while the 200-day average is at $8.44.
Source: Santiment
Both averages have started turning higher, according to the chart. However, LINK previously fell from nearly $10.90 in early May toward $7.20-$7.30 in June. Price later formed higher lows before breaking above $8.70.
Network Activity Remains Below May Peak
Daily active addresses have fallen sharply from an early May spike near 284,000. The latest reading stands around 1,346, despite LINK’s recent price recovery. Van de Poppe also outlined a second scenario if broader markets move lower.
He said he would watch below $8.60 for potential LINK trades toward $11. The chart places support at $8.71 and $8.44, followed by $8.00-$8.20. Resistance is around $9.40-$9.50, then $10.00 and $10.45-$10.90.
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Daily new Ethereum addresses rose from 121,210 to 212,560 between August 8 and August 16, signaling stronger network activity.
A whale moved 884.55 ETH worth about $1.66 million to two new wallets after swapping 493.02 ETH for USDT.
ETH holds above $1,860 support, while $1,920-$1,960 remains the key resistance zone for a potential recovery.
Ethereum network activity has jumped while ETH trades near $1,880, with fresh addresses rising and a whale moving coins. Ali Charts reported daily new ETH addresses climbed from 121,210 on August 8 to 212,560 today. Meanwhile, Onchain Lens tracked 884.55 ETH moved to two fresh wallets over the last day.
Ethereum Addresses Rise Sharply
According to Ali Charts, Ethereum recorded 212,560 new daily addresses today. That compares with 121,210 addresses on August 8, an increase of 91,350 addresses. Ali Charts described network growth as a strong on-chain measure of user adoption.
The analyst also noted sustained increases have historically come before major price rallies. However, the activity increase comes as ETH remains below recent highs. The four-hour chart shows ETH at $1,879.47, with the latest candle up 0.01%.
Whale Moves 884.55 ETH
Onchain Lens reported that a mysterious whale moved 884.55 ETH to two fresh wallets over the last day. The transfer was worth about $1.66 million. Before those transfers, the whale swapped 493.02 ETH for 928.57K USDT through CoW Protocol.
The swap involved about $927,000 in ETH. The provided data does not identify the whale or explain its reason for moving the funds. Meanwhile, ETH has remained within a narrow range after its recent retreat.
ETH Holds Above $1,860 Support
ETH moved from roughly $1,760-$1,800 toward a peak near $1,960. It later retreated and entered a range around $1,870-$1,900. The four-hour structure shows weaker momentum after ETH reached about $1,920-$1,930 between August 7 and 10.
Source: TradingView
Price then fell toward $1,860-$1,870 before stabilizing in smaller candles. The RSI is at 46.49, below its 47.09 moving average and neutral 50 level. It remains above 40, while the MACD line sits above its signal line but below zero.
Support is around $1,860-$1,840, followed by $1,800. Resistance appears near $1,900, then $1,920-$1,960. A break above $1,920 could target $1,960, while a move below $1,840 could expose $1,800.
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Binance will stop processing HTX deposits and withdrawals for UK and EU users from August 23 under sanctions compliance measures.
Justin Sun said HTX does not operate in the UK or EU and is negotiating settlements with regulators in both regions.
HTX’s ETH order book has thinned ahead of the deadline, reducing visible liquidity for larger trades on the exchange.
Justin Sun said Binance’s planned HTX restrictions apply only to UK and EU users after the exchange announced transfer limits. Binance will stop processing HTX deposits and withdrawals from August 23, 2026, under sanctions compliance measures. Sun said HTX does not operate in either region and is negotiating settlements with regulators there.
Sun Addresses Binance Restrictions
Sun said he spoke with Binance about the restrictions involving HTX and other platforms. According to Sun, Binance confirmed that the measures concern its UK and EU users.
HTX does not conduct business in the UK or EU, Sun said. He added that settlement talks with regulators in both regions remain underway. Users affected during the negotiations can contact HTX customer support, according to Sun. HTX will then coordinate a resolution for those users.
The clarification followed Binance’s announcement that it would stop processing HTX transactions from August 23. The measure also covers deposits and withdrawals involving 10 other platforms.
Binance Cites Sanctions Compliance
Binance’s restrictions include platforms such as Rapira and EXMO. The list contains 11 platforms affected by the planned restrictions. The action follows expanded UK and EU sanctions tied to Russia.
The measures also relate to the European Union’s 21st Russia sanctions package. Regulatory reviews involving HTX began in May 2026. UK regulators raised concerns about HTX’s affiliations during that period.
However, no blanket transfer ban had taken effect as of August 14. Binance’s announced restrictions remain scheduled for August 23.
HTX Trading Book Shows Less Liquidity
HTX’s ETH order book has thinned as the Binance deadline approaches. The change has reduced the number of visible buy and sell orders around current prices. The thinner book affects the amount of liquidity available for larger ETH trades on HTX.
Binance’s restrictions will also limit transfer routes between the two exchanges for affected users. Meanwhile, OKX, Bybit and Bitget have adjusted compliance policies since May. HTX, formerly known as Huobi, has faced regulatory scrutiny involving Sun and Russia-related sanctions.
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Bitcoin’s support floor has thinned as June buy orders disappear, leaving price between $63,000 and the $68,700 holder cost basis.
Apparent demand improved from -272,000 BTC to -32,000 BTC, but remained negative and below strong accumulation levels.
Seller exhaustion has increased, while weak spot volume and continued exchange inflows show Bitcoin demand remains limited.
Bitcoin’s support base has weakened as buy orders beneath price drain away, while demand remains negative despite improving. Glassnode reported a thinner floor beneath Bitcoin after heavy June bids began disappearing. Meanwhile, Darfost said apparent demand improved sharply from June levels but remained negative, leaving Bitcoin between key cost-basis levels.
Bitcoin Support Weakens Below Price
Glassnode said the heavy wall of buy orders built below Bitcoin in June has started to drain. The remaining support now forms a much thinner floor beneath the market. Price remains between the Median Realized Price at $63,000 and Short-Term Holder Cost Basis at $68,700.
Glassnode also identified $58,500 as a level below the current range. Notably, Bitcoin has traded within this cost-basis pocket for nearly three months. The 50-day and 200-day levels were not provided in the supplied data.
The market also recorded its lowest spot volume since 2019. Glassnode said exchange activity has continued falling, with Binance excluded figures also nearing 2023 bear-market lows.
Sellers Tire While Buyers Remain Limited
Glassnode reported supply in profit near previous bear-market floor territory. Its Seller Exhaustion Constant also reached a cycle low, although prior floor levels remained deeper. Adjusted SOPR has repeatedly failed to hold above 1.0 since October’s peak.
Glassnode counted nine recovery attempts that ended with sellers exiting around break-even. Meanwhile, ETF flows have turned positive since late July. However, Glassnode said those inflows remain small compared with earlier accumulation periods.
Exchange Net Position Change also remains in inflow territory. Coins have continued moving toward exchanges, although the pace has declined from early June levels.
Demand Improves But Stays Negative
Darfost reported apparent demand at -32,000 BTC, improving from -272,000 BTC when Bitcoin entered its consolidation range in early June. However, the metric remains negative and has not reached a level that Darfost considers strong enough.
Similar patterns appeared in February and May before demand declined again. Darfost also linked the change to lower average issuance following a decline in hashrate. Apparent demand compares new BTC issuance with supply inactive for more than one year.
The measure therefore tracks whether accumulation can absorb newly created Bitcoin supply. Current data show improvement, but demand remains below zero.
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XRP network activity reached a two-month high with 49,929 active addresses recorded over a 24-hour period.
Three-month average XRP whale inflows to Binance fell to their lowest level since 2021, signaling weaker selling pressure.
XRP remains below its 50-day and 200-day moving averages, with $1 as support and $1.07-$1.10 as a key recovery zone.
XRP is testing the $1 level as market negativity reaches a three-month extreme, while network activity rises. Santiment Intelligence reported 49,929 active addresses over 24 hours, the highest level in more than two months. Meanwhile, Darkforst said three-month average XRP whale inflows to Binance fell to their lowest level since 2021.
Network Activity Rises
Santiment said XRP commentary turned increasingly bearish across X, Reddit, Telegram, and other crypto channels this week. The shift came as XRP failed to rally and its market value fell below $1.
However, XRP Ledger activity increased sharply after earlier July levels approached 2026 lows. Santiment recorded 49,929 active addresses during one 24-hour period. The supplied chart also shows daily active addresses near 20.4K, while holders rose steadily to about 8.05 million.
Binance Whale Inflows Fall
Darkforst reported that XRP whale inflows to Binance fell to $61 million on the latest reading. The figure uses a three-month average to track the trend. For comparison, whale inflows reached $456 million in January 2025 and $355 million in October.
Current inflows are six to eight times below those earlier levels. Despite lower inflows, netflows remain positive at about $18.8 million. Darkforst said inflows still exceed outflows on Binance.
The analyst also noted declining inflows and volumes across the market. Darkforst described the pattern as sell-side exhaustion while demand has yet to increase.
XRP Remains Below Key Averages
The chart shows XRP at about $1.001 on August 15, after a medium-term decline from February. XRP traded mainly between $1.35 and $1.55 before the decline accelerated in late May and June.
Source: Santiment
Price then moved toward $1.05 to $1.10, forming lower highs and lower lows. The 50-day moving average is near $1.02, while the 200-day average is around $1.07. XRP remains below both averages, while the 50-day average also sits below the 200-day average.
The $1 level is immediate psychological support. The chart places resistance near $1.02, $1.07, and $1.10 to $1.18. It identifies $1.07 to $1.10 as the key recovery zone.
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Cboe filed for six leveraged ETFs, including 3x Bitcoin and Ether funds sponsored by Volatility Shares.
The proposed funds would use CME Bitcoin and Ether futures rather than holding the underlying assets directly.
The ETFs would reset exposure daily, meaning the 3x target applies to daily performance rather than longer-term returns.
Cboe BZX Exchange has asked the U.S. Securities and Exchange Commission to approve six leveraged ETFs, including 3x Bitcoin and Ether funds. The exchange filed the proposal on August 10, while the SEC published its notice August 14. The proposed crypto funds would seek three times the daily performance of Bitcoin and Ether through futures.
Cboe Seeks Approval for Leveraged Crypto Funds
According to the filing, Volatility Shares LLC would sponsor the six funds through the VS Trust. The lineup includes 3x Bitcoin, Ether, Gold, Silver, Crude Oil and Natural Gas ETFs.
The Bitcoin fund would primarily use CME Bitcoin futures, while the Ether fund would primarily use CME Ether futures. Neither fund would directly hold Bitcoin or Ether under the proposed structure.
Each fund would use futures, with cash and cash equivalents as collateral. However, separate SEC approval is required because leveraged products fall outside Cboe's generic listing standards.
Proposed Funds Would Reset Exposure Daily
The funds would operate as commodity pools rather than traditional investment companies under the 1940 Act. Their sponsor would face oversight from the Commodity Futures Trading Commission and National Futures Association.
The products would reset exposure daily. Therefore, the 3x target applies to one trading day, not cumulative returns over longer periods. Investors would create and redeem shares through cash transactions involving Creation Units.
Each unit would generally contain 10,000 shares. The funds would calculate net asset value daily and publish indicative values every 15 seconds. Cboe cited regulated futures markets and existing surveillance arrangements in the filing.
SEC Review Begins After August Filing
The SEC's August 14 notice starts the review process but does not approve the proposed ETFs. The commission will seek public comments after Federal Register publication. The SEC generally has 45 days to act initially. However, the review can extend to 90 days.
Cboe said it had not received comments before submitting the proposal. Meanwhile, Volatility Shares already offers 2x Bitcoin and Ether strategy ETFs in the U.S. LeverageShares launched 3x and negative 3x Bitcoin and Ether ETFs in Europe last year.
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