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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.
The post Ethereum Addresses Surge as ETH Price Holds Near $1,880 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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.
The post Binance Restricts HTX Transfers as Justin Sun Clarifies Scope appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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.
The post Bitcoin Support Thins as BTC Demand Remains Negative at -32K, Glassnode Finds appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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.
The post XRP Faces $1 Test as Network Activity Reaches Two-Month High appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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.
The post Cboe Seeks SEC Nod for First U.S. 3x Bitcoin and Ether ETFs appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Galaxy Research lowered its CLARITY Act passage estimate to 10% for 2026 due to Senate disputes and limited legislative time.
The Senate will return September 14 for a short session, leaving lawmakers limited time to resolve ethics and developer protection issues.
The SEC and CFTC may advance regulatory measures independently as CLARITY Act negotiations remain stalled after the August recess.
Galaxy Research has cut its estimate for CLARITY Act passage in 2026 to 10%. The firm cited unresolved Senate disputes, limited time after recess, and stalled negotiations. Meanwhile, the SEC and CFTC are moving on regulatory measures as the market structure bill remains pending in Washington.
https://twitter.com/WuBlockchain/status/2088481472462102895?s=20
Senate Delays Keep CLARITY Act in Doubt
According to Galaxy Research, Senate Majority Leader John Thune did not call a CLARITY Act vote before recess began August 7. He later noticed the first vote for when lawmakers return in mid-September.
However, Galaxy said the September session will last only about two to three weeks. The chamber reconvenes September 14 and plans to adjourn October 2. Galaxy identified several disputes that slowed negotiations.
These include ethics rules for government officials, pressure from community banks, and changes to developer protections. A bipartisan Senate group sent an ethics proposal to the White House on July 30. Galaxy said the White House has not publicly responded.
SEC Weighs Crypto Exemptions as Bill Stalls
The SEC had planned two regulatory exemptions, according to Galaxy Research. Reg Crypto would create a pathway for public cryptoasset issuance. The Innovation Exemption would permit secondary trading of tokenized securities through decentralized finance.
However, the agency delayed both measures after earlier plans to publish them. Galaxy said the SEC may now move ahead as CLARITY Act negotiations remain unresolved. The firm also noted Commissioner Hester Peirce plans to leave the SEC in November.
Meanwhile, the CFTC has moved to defend its authority over prediction market contracts. This week, the agency issued an emergency order targeting New York Attorney General Letitia James' effort against Kalshi.
Agencies Move While Congress Works on CLARITY
Galaxy said agency action could provide temporary regulatory coverage while Congress considers legislation. However, administrative measures lack the durability of a law passed by Congress.
The firm expects the SEC to publish Reg Crypto, the Innovation Exemption, or both within weeks or several months. Alex Thorn, Galaxy's head of firmwide research, authored the report. The CLARITY Act remains scheduled for Senate consideration after the August recess.
The post Galaxy Lowers Its CLARITY Act Passage Odds to 10% in 2026 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

SHIB burns fell 73.89% over 24 hours, with just 3.64 million tokens removed during the period.
SHIB recovered 3.17% to around $0.00000457 as RSI moved above 50, signaling improving short-term momentum.
The $0.00000430-$0.00000440 zone remains key support, while $0.00000500 represents immediate resistance for SHIB.
Shiba Inu burn activity has slowed as SHIB rebounds toward $0.00000457. According to Shibburn, 218,192 SHIB worth about $1 was removed through one transaction during the latest hour. Meanwhile, SHIB gained 3.17% over 24 hours, while its market capitalization reached $2.69 billion.
SHIB Burn Activity Drops Across Key Periods
Shibburn reported 3.64 million SHIB burned during the past 24 hours. That figure represents a 73.89% decline in burn activity over the period. Weekly activity also fell, with 38.28 million SHIB removed over seven days.
Source: Shibburn
Shibburn recorded a 23.66% decrease for that period. The latest hourly burn involved just one transaction. Meanwhile, SHIB's circulating supply stood at 585.65 trillion tokens. Total supply remained at 589.16 trillion SHIB.
The token ranked No. 35 by market capitalization, according to the reported figures. SHIB traded around $0.00000457, while 24-hour trading volume reached $85.33 million. The token's market capitalization increased 3.14% over 24 hours.
SHIB Rebounds From August Support Zone
Price action shows SHIB falling toward $0.00000430-$0.00000440 between August 12 and 14. The decline followed repeated failures around the $0.00000500 area earlier in August. However, SHIB has since recovered toward $0.00000457.
Source: Santiment
The move follows a broader consolidation period after late-July volatility. SHIB surged above $0.00000550 around July 25-27 before retreating sharply. It then spent much of the following period moving within a wider range.
The $0.00000430-$0.00000440 area currently represents immediate support. Meanwhile, $0.00000500 remains the key resistance level.
RSI and MACD Show Improving Momentum
The 14-period RSI currently stands at 53.26, above its average near 48.74. RSI has also moved above the neutral 50 level without reaching the 70 overbought threshold. The MACD has turned mildly positive as well.
Its histogram stands near 0.00000002, while MACD and signal readings are near 0.00000001 and -0.00000001. Volume currently stands around 381.52 million SHIB. Stronger volume accompanied the late-July breakout and the latest rebound.
A sustained move above $0.00000500 with stronger volume could expose $0.00000550-$0.00000570. Conversely, a drop below $0.00000430 could expose SHIB to another decline.
The post SHIB Burn Activity Falls 74% as Shiba Inu Recovers From August Lows appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

President Trump will meet crypto, prediction market and traditional finance executives at the White House on August 19.
SEC Chairman Paul Atkins and CFTC Acting Chairman Michael Selig are expected alongside leaders from Coinbase, Ripple, Chainlink and Kraken.
The summit comes one day before the CFTC’s first Innovation Advisory Committee meeting and amid CLARITY Act negotiations.
President Donald Trump will attend a White House crypto summit Wednesday, August 19, with SEC Chairman Paul Atkins and CFTC Acting Chairman Michael Selig. Executives from Coinbase, Ripple, a16z, Chainlink, Paradigm, Kalshi, Kraken, Gemini, NYSE and Nasdaq are expected. The meeting will bring crypto, prediction market and traditional finance leaders together in Washington.
https://twitter.com/EleanorTerrett/status/2088379540431130795?s=20
Crypto Executives Set to Join White House Meeting
According to Politico, the White House plans to host the event one day before the CFTC’s Innovation Advisory Committee meeting. The White House had not confirmed the attendee list when Politico reported the plans.
However, people familiar with the plans told Semafor that several executives are expected Wednesday. Those names include Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse and executives from a16z and Chainlink.
Kalshi and Paradigm executives are also expected at the White House. Paradigm has backed Kalshi, while Digital Chamber representatives are also expected to attend.
Kraken, Gemini, the New York Stock Exchange and Nasdaq also received invitations, according to people familiar with the meeting. Some attendees remained unconfirmed, and it was unclear whether every expected participant would appear.
The event was initially planned as part of preparations for the CFTC committee’s first meeting. Organizers had earlier hoped to hold that meeting at the White House during the summer.
CFTC Committee Meeting Follows White House Event
The CFTC will hold its first Innovation Advisory Committee meeting Thursday, August 20. The 35-member panel includes executives from cryptocurrency, prediction market, finance and other industries.
Coinbase, Robinhood, Kalshi and Polymarket CEOs are expected to participate in the CFTC meeting. The gathering will follow the White House event by one day. The White House meeting also comes as the Senate considers the Clarity Act.
The bill remains pending and is expected to return before lawmakers after the August recess. According to Politico, Senate lawmakers are set to take up the legislation next month. The White House event and CFTC meeting will therefore occur within two days of each other.
The post Trump Set to Attend White House Crypto Summit Wednesday Next Week With SEC and CFTC Chiefs appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

ICP remains trapped inside a long-term descending channel, with $2.14 support and $2.20 resistance defining immediate price direction.
A move above $2.34 could improve the recovery structure, while rejection may preserve the broader bearish Elliott Wave setup.
The projected $1.00-$1.20 target remains conditional, with the lower channel boundary serving as the main downside reference.
ICP price remains under pressure within a prolonged downtrend, while traders monitor nearby support, resistance, and projected wave structures for direction.
ICP Trades Inside a Tight Range
Internet Computer is as of writing trading around $2.17, according to the displayed market data. The token has remained between approximately $2.14 and $2.20 recently. That range now provides the clearest short-term technical boundaries.
Buyers have repeatedly defended the lower region near $2.14. However, sellers have appeared whenever the price approaches $2.19. Consequently, momentum remains compressed between both sides.
The displayed market capitalization stands near $1.20 billion. Meanwhile, 24-hour trading volume sits around $22.76 million. Circulating supply is shown at approximately 555.37 million ICP.
More Crypto Online addressed the broader weakness in a recent X post. The analyst noted a hypothetical $10,000 investment from ICP's $700 peak.
That position would now be worth approximately $31, according to the post.
Source: X
Descending Channel Controls the Broader Structure
The twelve-hour chart shows a large descending channel. Its upper boundary connects several major lower highs over time. The lower boundary has repeatedly attracted price after extended declines.
The current market sits closer to channel support than resistance. That positioning keeps the broader technical structure firmly under pressure. A sustained channel breakout would therefore change the present setup.
The Elliott Wave count adds another bearish scenario to the chart. Earlier labels identify major waves across the prolonged decline. The latest structure appears to classify the recovery as corrective.
The projected sequence includes additional waves before potential completion. Wave three could produce another strong directional move lower. However, that projection remains a technical scenario rather than certainty.
Fibonacci Levels Shape the Recovery Path
There are a number of Fibonacci levels above the market price. The chart has $2.34, $2.50 and $2.91 indicated as resistance levels.These levels correspond with visible retracement percentages on the chart.
The $2.34 area represents the first recovery hurdle. A move toward $2.50 would reclaim a deeper retracement level. Meanwhile, $2.91 would challenge the broader bearish interpretation more directly.
The projected downside extends toward approximately $1.00-$1.20. That region sits close to the descending channel's lower boundary. The Elliott Wave projection links this zone with a possible fifth wave.
Short-term traders therefore face two clearly defined levels. A break above $2.20 would improve immediate momentum conditions. Conversely, losing $2.14 could reopen the projected downside structure.
The chart remains centered on a battle between support and resistance. Price recovery has not yet produced a confirmed trend reversal. Until either boundary breaks decisively, consolidation remains the dominant short-term condition.
The post ICP Price Holds as Bearish Channel Persists appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Wallet activity shows renewed altcoin buying across AAVE, AVAX, LINK, ETH and BNB, while large USDT reserves remain available now.
The wallet activity is a sign of increased participation as a dormant trader returns, but it doesn't confirm a market bottom at this point.
The return of a dormant trader signals renewed participation, but the wallet activity alone cannot confirm a broader market bottom yet.
Altcoin accumulation is drawing attention after a dormant wallet returned, deploying more than $2 million across major tokens while retaining substantial stablecoin liquidity for further market moves ahead.
Dormant Wallet Re-enters Major Altcoins
A recent Nazoku post brought attention to trader 0xdd7's renewed market activity. The post said the wallet had returned after roughly one year away. It also claimed to buy over $2 million worth of new altcoins.
https://twitter.com/Nazo_ku/status/2087734496292651409?s=20
The transactions revealed include AAVE, AVAX, LINK, ETH, and BNB. The value of the AAVE tokens was approximately $129.43K. Meanwhile, 32.19K AVAX represented approximately $205.7K.
The wallet also received 24.413K LINK, valued around $214.35K. Ethereum exposure reached 277.819 ETH, worth approximately $469.77K. BNB represented the largest listed purchase, involving roughly 1.007K tokens.
The displayed transactions therefore show broad exposure across established digital assets. Each purchase adds exposure to a different part of crypto infrastructure. The allocation does not rely on one individual token or market theme.
Portfolio Spreads Capital Across Established Assets
The visible purchases total roughly $1.59 million using the provided transaction values. However, Nazoku reported more than $2 million in new altcoin exposure. Additional transactions could account for the difference between those figures.
AAVE provides exposure to decentralized finance within the disclosed portfolio. AVAX adds exposure to another major smart-contract network. LINK brings oracle infrastructure into the wallet's broader allocation.
ETH and BNB further diversify the reported holdings across major blockchain ecosystems. Ethereum represents one of the largest established smart-contract networks. BNB adds exposure connected with Binance's broader blockchain environment.
This portfolio construction keeps the visible allocation concentrated within established assets. It also avoids heavier exposure to smaller, more speculative tokens. The transactions therefore show selective positioning across larger cryptocurrency markets.
USDT Reserve Leaves Room for Further Moves
The wallet also retains substantial USDT liquidity alongside its new positions. Nazoku stated that more than $2 million in USDT remained available. That reserve separates committed capital from funds still held defensively.
The transaction panel also shows a recent 12.028K USDT transfer. An earlier transaction involved approximately 2.104 million USDT. These records provide additional evidence of substantial stablecoin liquidity.
Nazoku suggested the trader could be anticipating a market bottom. However, the wallet activity alone cannot establish that broader market conditions have reversed. Further purchases or sales would provide additional evidence about the trader's positioning.
For now, the return marks renewed participation after an extended period of inactivity. The combination of altcoin purchases and retained USDT provides flexibility. It leaves the wallet positioned for continued accumulation or further market caution.
The post Altcoin Accumulation Returns to a Dormant Wallet appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Shiba Inu security warning urges holders to review wallet requests as SHIB consolidates after a powerful daily trendline breakout.
SHIB is supported near $0.00000450 and resistance is getting pressured near $0.00000500 following the latest daily trendline breakout.
Wallet approvals can create risks beyond ordinary transfers, while protecting seed phrases and private keys remains vital for holders.
Shiba Inu security warning comes as holders face renewed wallet risks, while SHIB consolidates after breaking above a prolonged descending trendline.
SHIB Holds Support After Breakout
According to BSCN, Shibburn has warned holders about unexpected wallet requests. The warning specifically addresses unfamiliar approvals and transaction-signing requests. Holders were also reminded never to share private keys.
https://twitter.com/BSCNews/status/2087781161443709209?s=20
SHIB as of the time of writing,trades at $0.00000450, according to the supplied chart. The daily structure shows buyers defending the $0.00000440-$0.00000450 area. That zone has become important following the recent trendline breakout.
Source: Tradingview
The token previously traded beneath a descending trendline from May onward. Repeated rallies failed to establish higher highs during that period. The eventual breakout changed that pattern and lifted trading activity.
However, the recovery stalled near approximately $0.00000530 after the sharp advance. Price then formed another descending structure beneath that recent peak. That formation shows sellers remain active during short-term recovery attempts.
Momentum Cools During Recent Consolidation
The daily RSI as of writing, sits around 46, below the neutral 50 level. Earlier, the indicator climbed above 70 during the breakout rally. Its subsequent decline shows that momentum has cooled from those extremes.
Even so, RSI remains above the deeper readings recorded during June. That suggests selling pressure has moderated from earlier market weakness. However, buyers still need stronger momentum to confirm another advance.
Volume expanded considerably when SHIB broke above the major trendline. That increase accompanied the rapid move toward the $0.00000530 region. Recent trading activity has become more measured during the pullback.
The first significant resistance level above is now at $0.00000500. If it continues to move higher, it may be back in focus at $0.00000530. Failure there could instead maintain the short-term descending structure.
Wallet Requests Add Security Concerns
The post cited Shibburn's warning about unexpected wallet interactions. Shibburn urged users to examine permissions before approving unfamiliar requests. The warning also covers requests asking users to sign transactions.
A routine-looking approval can potentially authorize broader contract interactions. Therefore, users need to understand what each permission actually allows. Unclear requests should not receive automatic approval from wallet holders.
Shibburn also stressed that seed phrases should remain private. Private keys similarly should never be provided to outside parties. Those credentials can provide direct control over cryptocurrency holdings.
The security warning remains separate from SHIB's technical structure. Price gains do not reduce the risks surrounding unfamiliar wallet requests. For the chart, buyers still need to defend $0.00000440-$0.00000450.
The post Shiba Inu Security Warning Meets Chart Pressure appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Securitize’s tokenized AUM reached $4.3 billion, while transaction volume surged 147% to $5.3 billion in Q2.
Q2 revenue fell 5% to $14.4 million, while the company reported a $21.7 million net loss and $5.5 million adjusted EBITDA loss.
Securitize expanded tokenized-equity infrastructure through NYSE, Computershare, Jump Trading and Jupiter partnerships.
Securitize reported $14.4 million in second-quarter revenue on August 12, as tokenized assets under management reached $4.3 billion. CEO Carlos Domingo said the company expanded tokenized-equity infrastructure before its July 2 New York Stock Exchange listing. Securitize also reported $5.3 billion in transaction volume and about $350 million in cash.
https://twitter.com/carlosdomingo/status/2087634482497003763?s=20
Securitize Posts Mixed Second-Quarter Results
Average tokenized AUM rose 16% year over year, while total AUM increased 9%. However, revenue fell 5%, and Securitize posted a $21.7 million net loss. Adjusted EBITDA showed a $5.5 million loss, compared with $1.8 million in positive EBITDA last year.
Transaction volume rose 147%, while Securitize Fund Services serviced 663 active funds. Fund Services reported $24.3 billion in assets under administration, down about 20%. Domingo said platform AUM added about $1 billion during the quarter and $1.5 billion during the first half.
Tokenized Equities Gain New Infrastructure
Securitize partnered with Computershare and Continental to support issuer-sponsored tokenized shares. The work followed its NYSE agreement for 24/7 tokenized equity and ETF trading. The company also announced work with Jump Trading and Jupiter on regulated public-equity trading.
Meanwhile, Securitize Markets received FINRA approval to custody tokenized securities. That approval enables atomic settlement between tokenized securities and stablecoins. Securitize also partnered with Cantor Fitzgerald for onchain IPOs and follow-on offerings.
Atlas Capital selected Securitize for USAFi under Dubai’s VARA framework. The product uses the Atlas America Fund and represents economist Nouriel Roubini’s first blockchain project.
Securitize Expands Products and Leadership
Securitize expanded BlackRock’s BUIDL collateral use through OKX and Standard Chartered. It also expanded its Tokenized AAA CLO Fund to Solana, followed by Ethena Labs’ $250 million allocation.
The company added TRON to its multichain infrastructure. It also appointed former SEC official Brett Redfearn as president and director, while Sunil Sabharwal joined its board. Securitize put its own shares onchain on July 2, allowing U.S. trading with USDC.
Jump Trading acted as market maker under the company’s stated structure. CFO Francisco Flores said positive adjusted EBITDA remains a near-term goal, with no debt on the balance sheet.
The post Securitize Reports $14.4M Q2 Revenue as AUM Reaches $4.3B appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Metaplanet transferred 5,014 BTC between custodial wallets, but CEO Simon Gerovich said no Bitcoin was sold.
The company’s Bitcoin holdings remain at 43,000 BTC, with the transfers costing about $8 in total network fees.
Metaplanet targets 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027.
Metaplanet transferred 5,014 BTC worth about $322 million between its custodial wallets on August 13. CEO Simon Gerovich said the transfers were routine custody operations and involved no Bitcoin sale. He added that Metaplanet’s holdings remained at 43,000 BTC, while total network fees for the transfers reached roughly $8.
Gerovich Addresses Bitcoin Transfer Activity
Gerovich addressed the wallet activity after blockchain monitoring services identified large Bitcoin movements linked to Metaplanet. Lookonchain initially reported 3,881 BTC leaving wallets associated with the company.
However, Gerovich said the total transferred amount reached 5,014 BTC. He also said Metaplanet publishes all its wallet addresses, making the transactions visible in real time. According to Gerovich, the Bitcoin remained within Metaplanet’s custodial infrastructure. The company therefore did not reduce its disclosed Bitcoin holdings through the transfers.
Notably, moving the $322 million Bitcoin position across the network cost approximately $8 in transaction fees. The transfers involved movement between custodial addresses rather than a reported exchange transaction.
Metaplanet Holds 43,000 BTC
Metaplanet remains among the largest publicly traded corporate Bitcoin holders. The company ranks behind Strategy and Twenty One Capital based on the holdings provided. Strategy holds 840,447 BTC, while Twenty One Capital holds 43,514 BTC.
Metaplanet’s 43,000 BTC leaves it 514 BTC behind Twenty One Capital. Bitcoin traded around $63,616 on August 13 based on the information provided. At that price, Metaplanet’s holdings stood below its reported average purchase price.
Lookonchain calculated an unrealized loss of about $1.4 billion for Metaplanet. However, those losses remain unrealized because the company has not reported selling the transferred Bitcoin.
Company Expands Bitcoin Financing Plans
Metaplanet has also set a target of 100,000 BTC by the end of 2026. The company has further stated a 210,000 BTC target for the end of 2027. Its most recent reported purchase occurred in July.
That transaction added 2,823 BTC and brought total holdings to 43,000 BTC. Meanwhile, Metaplanet established a 4 billion yen Bitcoin venture program in March. The program targets investments in Bitcoin and cryptocurrency infrastructure in Japan.
The company also issued its first private-placement corporate bonds under its new BitBonds program. Metaplanet said the transaction combined its Bitcoin treasury balance sheet with its Type I financial instruments business.
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Circle’s cirBTC is backed 1:1 by native Bitcoin held with Circle National Trust for the exclusive benefit of holders.
Chainlink Proof of Reserve will provide real-time verification, while multi-address transparency enables onchain BTC checks.
cirBTC launches on Ethereum first, with planned Arc support for institutional borrowing, lending, trading and settlement.
Circle has introduced cirBTC as a wrapped bitcoin product for institutional markets, with 1:1 BTC backing and onchain reserve checks. The company said the structure directly supports institutions using Bitcoin as collateral across broader onchain credit markets. It said cirBTC will not compete through a CEX, DEX, or lending protocol.
https://twitter.com/circle/status/2087615101947830361?s=20
Circle Sets Out cirBTC Structure
Circle said each cirBTC is backed by native Bitcoin on a one-to-one basis. The BTC is held through Circle’s Bermuda affiliate and custodied by Circle National Trust. Circle National Trust is a national trust bank and qualified custodian under OCC supervision. The BTC remains for the exclusive benefit of cirBTC holders.
Circle said Chainlink Proof of Reserve will provide real-time onchain reserve verification. Multi-address transparency will also let counterparties check Bitcoin holdings through block explorers.
Bitcoin holders can use wrapped BTC when accessing markets built on smart contract networks. Those markets include lending protocols, collateral systems, trading venues, and settlement workflows.
cirBTC Targets Onchain Credit Markets
According to Circle, cirBTC is designed for market makers, OTC desks, lending protocols, asset managers, and institutional trading firms. The wrapper determines how institutions hold, verify, redeem, and move Bitcoin collateral. Circle said its issuer model avoids operating a competing CEX, DEX, or lending protocol.
The company instead described cirBTC as infrastructure for different venues and protocols. Circle cited USDC circulation above $75 billion and more than $20 trillion in transaction volume during Q1 2026. The company has also developed Circle Mint and CCTP for its broader digital asset infrastructure.
Ethereum Launch Comes Before Arc Support
cirBTC is currently available on Ethereum, while Arc support is expected later, subject to regulatory approvals. On Ethereum, the product can operate within existing DeFi liquidity and institutional workflows.
On Arc, Circle plans to use cirBTC across borrowing, lending, trading, and settlement activity. The company is also building Arc alongside USDC, Circle Mint, and CCTP infrastructure.
Circle said the design supports multiple chains rather than limiting cirBTC to Ethereum or Arc. The company listed reserve visibility, custody, and redemption among the product’s core features.
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The Blockchain Association urged the Supreme Court to review whether regional Fed banks can deny master accounts to eligible state-chartered banks.
Custodia applied for a master account in 2020, but the Kansas City Fed rejected its application in January 2023.
The Kansas City Fed must respond by September 11, while Kraken Financial received a limited-purpose master account in March.
The Blockchain Association filed an amicus brief on August 12 supporting Custodia Bank’s Supreme Court petition over Fed master accounts. The group asked the court to review whether regional Federal Reserve Banks can deny eligible state-chartered banks access. The Kansas City Fed now has until September 11 to respond to Custodia’s petition.
Blockchain Association Challenges Fed Discretion
According to the Blockchain Association, master accounts connect banks directly to Federal Reserve payment systems. Without them, banks can face added costs, risks, and reliance on intermediaries for payment settlement.
The group said the Tenth Circuit’s ruling gives regional Fed banks broad discretion over master accounts. It warned that the decision could allow regulators to deny banking access to lawful industries.
However, the association’s filing focuses on Custodia’s legal question. It asks whether federal law gives regional Fed banks discretion over eligible state-chartered institutions.
Custodia’s Fight Started In 2020
Custodia, a Wyoming-chartered bank focused on digital assets, applied for a master account in October 2020. The Kansas City Fed denied the application in January 2023, citing concerns about Custodia’s business model.
Custodia sued in June 2022 after the application remained pending for 19 months. The bank argued that federal law requires access for eligible depository institutions. The bank lost in district court in 2024.
The Tenth Circuit upheld that result in 2025, while the full appeals court rejected rehearing in March 2026. Custodia then petitioned the Supreme Court last month. Its petition asks whether the Monetary Control Act requires regional Fed banks to provide services to eligible nonmember institutions.
Kansas City Fed Gets More Time
The Kansas City Fed must respond to Custodia’s petition by September 11. Meanwhile, the Federal Reserve granted Kraken Financial a limited-purpose master account in March 2026. Kraken became the first crypto-native firm to receive such an account.
However, the arrangement excludes interest on reserves and emergency central bank loans. The account carries activity limits and operates on a one-year trial period. It focuses on payment services rather than full banking services.
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SEC relief lets Franklin Templeton funds use its OnChain U.S. Government Money Fund for cash management and lending collateral.
Franklin will use separate Stellar wallets for each fund, with FTIS maintaining private keys and official ownership records.
Fund boards must approve the blockchain arrangement annually, while independent accountants must conduct at least three yearly verifications.
The SEC Division of Investment Management gave Franklin Templeton no-action relief on August 12, 2026. The decision lets Franklin’s registered funds use its OnChain U.S. Government Money Fund for cash management and securities lending collateral. The relief covers blockchain custody and ownership records, replacing certain physical-security requirements under Rule 17f-2.
https://twitter.com/EleanorTerrett/status/2087629190711410999?s=20
SEC Relief Covers Blockchain Custody
The relief covers Section 17(f) and paragraphs (b), (e), and (f) of Rule 17f-2. Franklin’s funds can hold OnChain Fund shares through Franklin Templeton Investor Services LLC, or FTIS. FTIS serves as transfer agent and maintains the official ownership record.
The system combines an internal book-entry database with blockchain records covering purchases, redemptions, dividends, NAVs, and trade dates. FTIS links the records in real time to create the master securityholder file. It also controls blockchain permissions, smart contracts, and administrative functions tied to ownership records.
Funds Will Use Separate Blockchain Wallets
FTIS will create a separate Stellar blockchain wallet for each investing fund. It will maintain the private keys for those wallets. The wallet system uses multisignature, multiparty computation, distributed signers, and offline recovery measures.
However, FTIS retains control over the official ownership record. Its administrative controls allow it to correct errors, freeze wallets, migrate records, or restore ownership information. The arrangement will support cash balances and securities lending collateral. Franklin Templeton cited hourly NAVs, intraday trading, and faster processing.
SEC Sets Conditions For Fund Oversight
The SEC staff requires each fund to maintain controls over authorized instructions and transaction reviews. FTIS must provide transaction confirmations and maintain segregated records for each fund.
Each fund’s board must approve the arrangement and review it annually. FTIS must also transfer records and administrative controls to a successor. Independent public accountants must compare FTIS records with fund records. They must perform at least three investment verifications each fiscal year.
At least two checks must occur without advance notice. The funds must also reconcile differences found during those examinations. The SEC staff said the letter addresses enforcement action only. It does not amend existing law or create new legal obligations.
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Former Xero engineering executive Nigel Fernandes will lead Pepperstone's push to own more of its technology as the business expands into crypto and new markets.
MELBOURNE, Australia, Aug. 13, 2026 /PRNewswire/ -- Melbourne-based Pepperstone, a global online trading and fintech provider serving clients in more than 160 countries, today announced the appointment of Nigel Fernandes as Chief Technology Officer (CTO), effective 1 October 2026. The appointment comes as Pepperstone accelerates its shift toward owning more of its own technology, building a broader fintech ecosystem spanning crypto, AI-native engineering and institutional-grade infrastructure.
Fernandes brings more than 20 years of technology leadership experience across financial services, retail, media and enterprise software. He will join from Xero, where he serves as SVP and Executive General Manager of Engineering leading a global organisation across cloud platforms, customer identity and data. Prior to Xero, he held senior leadership roles at Publicis Sapient, Coles Group, SEEK and Envato.
"I'm excited to be joining Pepperstone at such a pivotal time for the business," said Fernandes. "My focus will be building on the quality global brand that traders have trusted for years, investing in the technology we own to scale an AI-native engineering foundation that gives clients faster, more reliable access to the tools they need."
"The technology underpinning our client experience is core to everything we do. We're expanding Pepperstone into a genuine fintech ecosystem that opens access to crypto and new markets, while investing in our own technology to give clients a more personalised experience," said Tamas Szabo, Group CEO of Pepperstone. "Nigel's track record building high-performing engineering teams at some of the world's best technology companies makes him the right leader to help us build that."
As CTO, Fernandes will lead engineering, architecture, security and data globally, reporting to Group CEO Tamas Szabo. He will be based at Pepperstone's global headquarters in Melbourne.
About Pepperstone
Pepperstone is a global fintech and CFD broker serving traders in more than 160 countries. The company provides access to forex, indices, commodities, shares, ETFs and digital asset markets through industry-leading platforms, competitive pricing and a strong regulatory framework.
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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A Teraswitch routing failure took 28.83% of staked SOL offline, bringing Solana within 4.51 points of its finality halt threshold.
About 90 validators across Europe and Asia were affected, with more than 133 million SOL temporarily offline.
Affected validators lost about 333 SOL in rewards, prompting Marinade to review ASN and data center concentration risks.
Solana came within 4.51 percentage points of its finality halt threshold Thursday after a Teraswitch routing failure took 28.83% of staked SOL offline. The outage affected about 90 validators across Europe and Asia, while 94% of stake on AS20326 went offline simultaneously. Traffic returned at 04:16:15 UTC, according to Marinade Finance.
Teraswitch Routing Fault Hit Multiple Sites
According to Marinade, Teraswitch advertised a default route from its Miami site without its route attributes. A route reflector in Amsterdam then passed the route to sites across Europe and Asia. Edge routers treated that route as local and preferred it over the valid default route.
However, Teraswitch’s core rejected the route as invalid, leaving 12 sites without a usable path. The affected locations included London, Amsterdam, Dublin, Frankfurt, Singapore and Tokyo. North American sites did not experience the same issue, according to Marinade.
Teraswitch identified the problem within 10 minutes. Traffic returned at 04:16:15 UTC, while Miami remained disconnected from its backbone during further checks.
More Than 133 Million SOL Went Offline
Marinade found 118.89 million SOL on AS20326, equal to 27.34% of network stake. About 94% of that stake went offline during the incident. Another 14.1 million SOL went offline across Latitude.sh, Limestone, Butterfly Research and Allnodes.
Marinade could not establish whether those outages shared a dependency. Fifty-nine validators holding 80.2 million SOL returned within the same narrow recovery window. Marinade said the validators did not fail over before routing recovered.
Validators Lost 333 SOL in Rewards
Helius, Solana’s second-largest validator, remained offline for the full 33 minutes. Of 74 validators Marinade measured, Laine, Cogent Crypto, SOL Strategies and Lion3d recovered cleanly.
Marinade said four ASNs hold two-thirds of its allocated stake, with AS395201 alone holding 36.94%. The 90 affected validators lost about 333 SOL in rewards, covered by validator bonds at epoch end.
Marinade plans to review concentration limits by ASN and data center. It also plans to publish whether validators use hot-swap and automatic failover systems.
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XRP adoption claims remain unverified by Bank of America, despite renewed attention following the Fox Business cryptocurrency discussion.
REAL Token’s reported August 15 exchange expansion could broaden access, while remaining separate from claims about banking payments.
The proposed $748.50 REAL Token scenario remains hypothetical and requires extraordinary growth beyond the supplied $0.02 reference.
XRP adoption is drawing renewed attention after banking payment claims and new developments involving an XRPL-based token.
Fox Business Appearance Raises Banking Questions
KingXRP linked a Fox Business appearance with claims about XRP payment usage. The post also connected the discussion with REAL Token’s exchange expansion plans. It further presented a hypothetical rise from $0.02 toward $748.50.
https://twitter.com/MRKingXRP/status/2086978288958751051?s=20
The TV broadcast included a segment with David Stryzewski, CEO of Sound Planning Group. He was standing by the cryptocurrency prices of Bitcoin, Ethereum, Litecoin, and XRP. During the period, XRP was seen at approximately $2.42.
But there's no Bank of America's Brian Moynihan. The distinction matters when assessing the reported banking claim. The supplied material does not establish direct confirmation from Bank of America.
Stryzewski has discussed Ripple and XRP while referencing banking infrastructure. His comments attracted attention because institutional payments remain central to XRP narratives. Still, external commentary does not constitute confirmation from the named financial institution.
XRP Payment Claims Remain Separate From Infrastructure
The central question concerns whether banks use XRP directly for settlement. Financial institutions can use Ripple-related infrastructure without necessarily holding XRP. Therefore, infrastructure participation alone cannot establish direct token usage.
A direct statement from Bank of America would provide stronger evidence. Such confirmation would distinguish reported commentary from an institution’s verified position. Until then, the payment claim remains unconfirmed by the supplied material.
The cryptocurrency board provides market context around the televised discussion. Bitcoin was trading close to $102,075, and Ethereum was trading at $3,657. XRP was trading close to $2.42 on a bearish reading.
Those figures represent a market snapshot rather than a technical forecast. The displayed prices do not establish XRP’s future direction. Instead, they frame the broader cryptocurrency environment surrounding the discussion.
REAL Token Plans Add Another XRPL Development
KingXRP also connected the banking narrative with REAL Token developments. The post identified August 15 as a possible exchange expansion milestone. That event could broaden access and visibility for the XRPL-based project.
The post referenced media and payments industries valued around $38.5 trillion. That figure describes the wider market opportunity cited within the post. It does not represent a confirmed valuation for REAL Token or XRP.
The post also presented purchase references for an XRPL decentralized exchange. MEXC was separately mentioned as another trading venue. These details form promotional material surrounding the broader ecosystem discussion.
KingXRP also presented a hypothetical move from $0.02 toward $748.50. The proposed destination represents an exceptionally large increase from the referenced starting point. No supplied evidence establishes that valuation as a confirmed market target.
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Gould said digital asset firms conducting lawful activities should have a route to national bank charters under the federal banking system.
The OCC received 40 de novo applications over 18 months, including requests for national trust bank charters.
The agency says it decided on many complete applications within 120 days as it seeks to revive new bank formation.
OCC Comptroller Jonathan V. Gould said digital asset firms engaging in lawful activities should have a route to national bank charters. Gould made the remarks as the OCC highlighted efforts to revive de novo banking. The agency also reported 40 applications received over 18 months, including requests for national trust bank charters.
OCC Opens Charter Path For Digital Asset Firms
Gould said entities conducting legally permissible activities should access the national banking system. That includes firms working with digital assets and other novel technologies. “America and the OCC are once again open for business,” Gould said.
He also described de novo chartering as a sign of a healthy banking system. The OCC said its approach follows recent reforms at the Federal Deposit Insurance Corporation. The FDIC has introduced a new process for reviewing deposit insurance applications.
According to the OCC, the process provides a clearer route for new banking applicants. Gould said the OCC’s efforts aim to reverse the decline in new bank formation.
OCC Reports 40 New Bank Applications
The OCC received 40 de novo applications during the past 18 months. The figure includes applications for national trust banks, which the OCC has chartered for decades.
The agency said it decided on many complete applications within 120 days of receiving them. Meanwhile, the OCC said a full-service national bank received final approval and opened its doors.
That approval came for the first time in five years, according to the agency. The OCC said recent applications include new entrants seeking federal bank charters.
De Novo Banking Fell For More Than A Decade
The OCC said de novo chartering declined sharply over the past 15 years. From 2011 through 2014, the agency received fewer than four charter applications annually on average. In some years, the OCC received no charter applications.
Gould said regulators had previously told applicants that federal charters and deposit insurance were unavailable. The OCC now says it will continue encouraging new bank formation. The agency also said it will work to strengthen the resilience of the federal banking system.
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