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Ripple and Jeonbuk Bank Partner on Korea Cross-Border Payments
Ripple and Jeonbuk Bank launched near real-time cross-border payments, making Jeonbuk Korea's first regional bank to use Ripple Payments. Jeonbuk Bank will use Ripple Payments to streamline international transfers for importers, startups, and content creators. Ripple's Korean partnerships now span cross-border payments, digital asset custody, and on-chain government bond settlement. Jeonbuk Bank has deployed Ripple Payments for cross-border remittances, becoming Korea’s first regional bank to use the service. The partnership lets business customers settle international transfers in near real time, replacing traditional SWIFT-based processes that can take days. Ripple said the service runs 24/7 and settles payments within seconds to minutes. https://twitter.com/Ripple/status/2089533091853357138?s=20 The rollout targets the bank’s global business customers, including import-export companies, IT startups, and online content creators. These customers previously relied on bank transfers that moved through multiple intermediary banks using the SWIFT network. However, Ripple Payments changes the process by providing near real-time settlement. The service also gives Jeonbuk Bank a system for handling cross-border remittances outside traditional banking hours. Ripple Details Korea Partnership Fiona Murray, Ripple’s managing director for Asia Pacific, said the agreement adds to the company’s work with Korean financial institutions. She said regional banks serve businesses and described Jeonbuk Bank as Korea’s first regional bank using Ripple Payments. Park Choon-won, president of JB Jeonbuk Bank, said the partnership supports the bank’s move toward digital finance. He also said the agreement would create a new growth engine and support innovation beyond adopting new technology. The announcement follows two other Ripple partnerships in Korea this year. Kyobo Life Insurance, Korea’s largest life insurer, is exploring blockchain-based settlement for tokenized government bonds. Kyobo Life And Kbank Expand Ripple Work Kbank, Korea’s first internet-only bank, is deploying institutional wallet-as-a-service infrastructure through Ripple Custody. Its work with Ripple focuses on digital asset wallet infrastructure rather than cross-border payment settlement. Meanwhile, Kyobo Life Insurance’s project focuses on on-chain government bond settlement. The three partnerships cover different areas, including payments, custody, and wallet infrastructure. Ripple said each Korean institution approached the company with a different need. The company described its platform as covering custody, payments, treasury, and wallet infrastructure. Jeonbuk Bank’s deployment is the latest of the three Korean partnerships announced by Ripple this year. The bank is using Ripple Payments specifically for cross-border remittances serving its business customers. The post Ripple and Jeonbuk Bank Partner on Korea Cross-Border Payments appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Trump-Backed World Liberty Ties to Chinese AI Platform
WorldClaw offers 43 Chinese AI models from developers including Alibaba, Baidu, DeepSeek and Moonshot. World Liberty executive Ryan Fang advises WorldClaw on USD1 adoption, partnerships and AI service access. U.S. experts warn the partnership may create national security risks involving Chinese AI models and user data. Trump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers 90 AI models, Reuters reported Monday. A Reuters review found 43 models came from Chinese developers, including Alibaba, Baidu, Z.ai, DeepSeek, and Moonshot. WorldClaw also accepts World Liberty’s USD1 stablecoin as payment, linking the Trump family-backed crypto firm to the platform’s services. https://twitter.com/WuBlockchain/status/2089359438092128353?s=20 Chinese AI Models Face U.S. Restrictions However, several Chinese developers face U.S. restrictions tied to national security concerns. The Department of Defense designated Alibaba and Baidu as Chinese military-affiliated companies. That designation blocks the Pentagon from doing business with them. Meanwhile, Z.ai, formerly Zhipu AI, appears on the Commerce Department’s entity list. The listing restricts access to U.S. technology and generally requires export licenses. Reuters reported that Trump administration officials accused DeepSeek and Moonshot of stealing intellectual property from U.S. AI companies. Moonshot disputed those allegations, while Alibaba rejected its military designation. USD1 Links World Liberty To WorldClaw WorldClaw accepts USD1 for access to its AI models. The stablecoin is backed by assets including U.S. Treasury securities. The Trump family owns 38% of World Liberty and receives part of the interest earned on USD1 reserves. Reuters said token sales generated more than $1.4 billion for the family. Notably, World Liberty executive Ryan Fang serves as an external adviser to WorldClaw. His role covers USD1 adoption, partnerships, and wider access to AI services. Donald Trump Jr. and Eric Trump have also promoted WorldClaw on X. Reuters could not determine the companies’ financial arrangements. Officials Reject Conflict Concerns White House spokesperson Anna Kelly said there are no conflicts involving World Liberty and WorldClaw. World Liberty spokesman David Wachsman called WorldClaw independent. WorldClaw said offering a model does not endorse its developer. The company also said it helps American AI firms reach international users. However, experts raised concerns about potential risks. Sam Bresnick of Georgetown University said the arrangement conflicts with U.S. efforts addressing Chinese AI. Daniel Remler, a former State Department policy adviser, cited Chinese government monitoring and malicious code risks. WorldClaw says user inputs may be shared with companies providing its models. The post Trump-Backed World Liberty Ties to Chinese AI Platform appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ethereum Hegotá Upgrade Priorities Put Faster Blocks First, Ethlabs Confirms
Ethlabs gives Quick Slots S-tier status, targeting shorter Ethereum slots to improve confirmations and censorship resistance. FOCIL remains Hegotá’s headliner, while Frame Transactions could bring native account abstraction and broader wallet functionality. Ethlabs backs new data-pricing and Block Access List proposals to expand Ethereum Layer 1 capacity and efficiency. Ethlabs has outlined its priorities for Hegotá, Ethereum’s next planned upgrade after Glamsterdam. The eight-week-old nonprofit R&D lab recommends stronger censorship resistance, faster blocks, native account abstraction, and continued Layer 1 scaling. The recommendations come as Hegotá enters its second scoping phase, with FOCIL already selected as the upgrade’s headliner. Faster Blocks Lead Ethlabs’ Priorities According to Ethlabs, Quick Slots, or EIP-8198, should receive S-tier status in Hegotá. The proposal would reduce Ethereum’s 12-second slot time, with Ethlabs targeting 10 seconds initially. The group said faster slots could improve transaction confirmations, onchain market pricing, finality, and censorship resistance. It also said Hegotá could begin a longer move toward shorter slots. Ethlabs also supports FOCIL, or EIP-7805, which has already received SFI status. FOCIL is Hegotá’s headliner and focuses on strengthening transaction censorship resistance. Native Accounts Get Broad Support Ethlabs placed Frame Transactions, EIP-8141, in its A-tier ranking for native account abstraction. The proposal could support passkeys, sponsored transactions, ERC-20 gas payments, transaction batching, and privacy tools. However, Ethlabs cited adoption risks because account abstraction affects clients, wallets, Layer 2 networks, RPCs, and developer tools. The lab also placed Keyed Nonces and SETDELEGATE in A-tier. It gave the post-quantum signature proposal EIP-8355 an A-tier ranking. Ethlabs said Hegotá should establish a credible path toward post-quantum account security. Scaling Proposals Target Ethereum Capacity For continued Layer 1 scaling, Ethlabs gave EIP-8131 and EIP-8279 S-tier status. The proposals address data pricing and aim to improve accounting for transaction and Block Access List bytes. Ethlabs also placed Block Access List Sidecars, EIP-8146, in A-tier. The proposal would propagate Block Access Lists separately, helping execution clients begin state prefetching earlier. Meanwhile, the Hegotá scoping process moved into its second phase after the August 6 deadline. Ethlabs noted that proposed EIPs remain subject to client review and testing. Proposals currently move through PFI, CFI, and SFI stages before possible inclusion. Ethlabs said most proposed EIPs do not ultimately enter a final upgrade. The post Ethereum Hegotá Upgrade Priorities Put Faster Blocks First, Ethlabs Confirms appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Chainlink Leverage Rebuilds as LINK Moves Toward $10 Zone
LINK open interest reached nearly 29 million tokens, returning to levels seen before October’s liquidation cascade. Positive funding throughout the buildup suggests long positions drove much of the recent increase in LINK leverage. LINK trades above its 50-day and 200-day averages, with $9.50 and $10 emerging as key resistance levels. Chainlink leverage has returned to levels seen before October’s crash, while LINK remains about 57% below its October price. Santiment said open interest reached nearly 29 million LINK, with positive funding throughout the buildup. Meanwhile, LINK trades near $9.41 after moving above its 50-day and 200-day moving averages. Open Interest Rebuilds After Crash According to Santiment, LINK-denominated open interest climbed above its October 9 level. It was the first such reading since the October 10 liquidation cascade. In dollar terms, open interest remains near $279 million. That compares with roughly $555 million before the crash. LINK trades about 57% below its October level, despite coin-denominated open interest recovering. Funding remained positive every day during the buildup. Therefore, the added open interest has leaned toward long positions. However, the current level remains below the August 2025 peak. Open interest then reached nearly 34 million LINK, making the latest increase a rebuild. LINK Moves Above Key Averages LINK reached about $10.90 in early May before falling toward $7.20-$7.30 in late June. Through July and early August, LINK formed higher lows before crossing $8.50-$9.00. The 50-day moving average is at $8.99, while the 200-day average is at $8.51. Source: Santiment LINK trades above both levels, while the MA50 remains above the MA200. Network activity remains much lower than its May reading. Daily active addresses reached nearly 284,000 around early May, compared with about 1,237 recently. Analysts Watch $10 and Below Michael van de Poppe expects LINK could move toward $10.03 before reaching his preferred entry levels. He said he is watching those levels for bids. On higher timeframes, van de Poppe said LINK has started trending upward. He also expects higher numbers going forward. The supplied chart places resistance around $9.48-$9.50, followed by $10.00. The next major region is between $10.45 and $10.90. Support levels include $8.99, $8.51, and the $8.00-$8.20 zone. A break below $8.51 would weaken the stated bullish technical structure. The post Chainlink Leverage Rebuilds as LINK Moves Toward $10 Zone appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Exchange Supply Rebounds as BTC Faces $65K Test
Bitcoin exchange balances recovered about 28,000 BTC by August 16, reversing 84% of the earlier decline. BTC has underperformed the S&P 500 across most trading days over three months, marking its longest such streak in six years. Bitcoin is within $1,000 of the $64,900 on-chain trader cost basis, with $65,000 emerging as key resistance. Bitcoin exchange balances have recovered most of their recent decline, while BTC approaches the $64,900 cost basis tracked by on-chain traders. Santiment said exchange supply reached about 1.332 million BTC on August 16, reversing roughly 84% of the coins removed between June 12 and July 28. Exchange Supply Reverses Six-Week Decline According to Santiment, Bitcoin exchange balances fell from about 1.337 million BTC on June 12. They reached roughly 1.304 million BTC on July 28, a decline of about 33,000 BTC. However, balances then increased by around 28,000 BTC through August 16. That leaves exchange supply about 5,200 BTC below the June peak. Notably, Santiment said the refill has flattened over the past few days. The data also shows that the earlier supply decline took six weeks to build. The reversal happened in less than three weeks. Santiment also explained how exchange balances can rise alongside strong ETF inflows. According to the firm, ETF creations can use OTC desks and existing holders. Therefore, ETF inflows do not always remove coins from visible exchange wallets. Bitcoin Trails Stocks Over Three Months The exchange data comes as Bitcoin’s relative performance against stocks has weakened. Glassnode said BTC outperformed the stock market on the latest trading day. However, Glassnode found that BTC outperformed the S&P 500 on only about one-third of trading days. The firm measured the period across the previous three months. That stretch represents Bitcoin’s longest such underperformance streak across its six-year history. Glassnode questioned whether the latest outperformance would continue or remain limited. The observation places Bitcoin’s recent market performance alongside the changes in exchange supply. Meanwhile, Darkfost highlighted another level traders are watching. BTC Approaches $64,900 Cost Basis Darkfost said BTC is slowly approaching the cost basis for on-chain traders. This group includes short-term holders with one million to three million days of age. Their cost basis currently is at $64,900. Darkfost said Bitcoin is within $1,000 of testing that level. According to the analyst, these investors frequently trade in and out of the spot market. For now, Darkfost said $64,900 continues to act as resistance. He also noted that significant confluence is around $65,000. Darkfost added that Bitcoin may not break above that level durably on its first attempt. The post Bitcoin Exchange Supply Rebounds as BTC Faces $65K Test appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Solana Whale Returns With $3.6M Purchase After Two Years Away
Solana whale GvHYQQ bought 47,535 SOL worth $3.6 million after more than two years of inactivity. The whale previously realized over $20 million in profit after selling 191,789 SOL at an average $128.36. SOL remains near $75 as mixed spot flows show alternating periods of buying and selling pressure. A Solana whale has returned with a $3.6 million purchase after more than two years of inactivity. Lookonchain said wallet GvHYQQ bought 47,535 SOL, after earlier 2023 purchases produced more than $20 million in realized profit. The latest purchase comes as SOL trades near $75. Whale Returns After Two Years According to Lookonchain, GvHYQQ bought 291,790 SOL during August and October 2023. The purchases cost about $6.82 million, giving the whale an average price of $23.37. SOL then climbed, allowing the whale to sell 191,789 SOL for $24.62 million. Those sales came at an average price of $128.36, according to Lookonchain. The sales generated more than $20 million in realized profit. After more than two years without activity, GvHYQQ has now bought another 47,535 SOL. Lookonchain valued the latest purchase at about $3.6 million. The transaction adds to the whale's previously reported SOL activity. SOL Spot Flows Remain Mixed The purchase comes as spot market flows shifted between inflows and outflows from August 5 to August 18. The supplied data shows several sharp moves in both directions. Notably, positive inflows reached roughly $6.0 million to $6.3 million around August 8. Source: Coinglass SOL rose from the $72-$73 area toward $77-$78 during the following sessions. However, several large outflows also appeared. Outflows approached $3.5 million around August 7, August 11, and August 17. Another outflow near $2 million appeared around August 18. The data therefore records alternating periods of capital entering and leaving spot markets. SOL Trades Around $75 SOL started the period near $74 before falling toward $72-$73 on August 6 and 7. It then recovered toward $77-$78 around August 9 and 10. Afterward, SOL moved toward $75-$76, finding support around $74-$75 before recovering toward roughly $76. Crypto Patel identified $60-$40 as a preferred accumulation zone and listed $300, $500, and $1,000 as targets. The analyst also asked whether SOL could fall below $60 again within four to five years. The post Solana Whale Returns With $3.6M Purchase After Two Years Away appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
XRP Lending Opens a New Route for Institutional Liquidity
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. The post XRP Lending Opens a New Route for Institutional Liquidity appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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. The post XRP Faces Key Resistance as Macro Risks Shift appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Vantage Expands Pre-IPO CFD Offering with Unitree Robotics as Interest in Frontier AI Grows
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. The post Vantage Expands Pre-IPO CFD Offering with Unitree Robotics as Interest in Frontier AI Grows appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Uniswap (UNI) Whale Accumulation Hits Five-Year High Near $3
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. The post Uniswap (UNI) Whale Accumulation Hits Five-Year High Near $3 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Chainlink Eyes $10 as Analysts Track LINK’s Next Move
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 to Abandon Public Wallet After Meme Coin Spam Wave
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. The post CZ to Abandon Public Wallet After Meme Coin Spam Wave appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Vitalik Buterin Says Ethereum Scaling Can Learn From Utreexo
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. The post Vitalik Buterin Says Ethereum Scaling Can Learn From Utreexo appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Demand Weakens as Dormant Supply Hits Record 3.56 Million BTC
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. The post Bitcoin Demand Weakens as Dormant Supply Hits Record 3.56 Million BTC appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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. The post EU Regulators Warn of MiCA Migration Crypto Scams appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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. The post XRP Tests $1 as Triangle Pressure Builds appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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. The post XRP Utility in Japan Expands With Rakuten appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
World Liberty Trust Wins Conditional OCC Approval for USD1 Bank
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. The post World Liberty Trust Wins Conditional OCC Approval for USD1 Bank appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Dogecoin Flashes 2022 Rally Signal as Whales Buy 430 Million DOGE
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. The post Dogecoin Flashes 2022 Rally Signal as Whales Buy 430 Million DOGE appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Chainlink Whale Sends $9.2M LINK to Coinbase as Price Rises
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. The post Chainlink Whale Sends $9.2M LINK to Coinbase as Price Rises appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.