Cryptocurrency News & Live Updates
Synopsis
Credit Agricole’s asset servicing arm, CACEIS, is investing in Kriptown
to introduce Lise, a blockchain trading platform tailored for small and
medium-sized enterprises (SMEs) and mid-sized businesses. The launch is
subject to regulatory clearances.
Recent happenings in the digital currency world see Credit Agricole, via
its CACEIS division, supporting the creation of Lise. Lise aims to be a
first-of-its-kind tokenized trading venue focused on SMEs and mid-cap
organizations across Europe. This is part of a bigger move towards using
digital assets, demonstrated by Binance enabling all users to write
bitcoin options contracts, showing the rising demand from individual
traders for sophisticated tools. Simultaneously, Metaplanet increased its
bitcoin holdings by 463 BTC despite its stock value decreasing. On the
other hand, Coinbase had a tough week, with share prices dropping by
almost 20% due to weaker-than-expected financial results, leading traders
to purchase put options for downside protection. Lastly, Ethena’s recent
significant price rise is now threatened by an approaching token release
event and notable large investor exits, which may cause increased selling
pressure. These events emphasize the shifting and often unpredictable
nature of the digital currency landscape, where governmental approvals,
new trading methods, and investor feelings play vital roles.
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Credit Agricole Backs Tokenized Exchange for SMEs
CACEIS, Credit Agricole’s asset management arm, has acquired a
minority ownership in Kriptown to launch Lise, a blockchain-powered
exchange designed for SMEs and mid-cap businesses, pending
regulatory approval.
Binance Opens Bitcoin Options to All
Responding to increased retail demand for advanced trading tools,
Binance now allows all users to participate in bitcoin options
writing and is offering a 20% discount on fees for new options
agreements.
Metaplanet Invests $54M More in Bitcoin Despite Stock Dip
Despite a 7.15% decline in its stock value, Metaplanet purchased an
additional 463 bitcoins, bringing its total holdings to 17,595 BTC,
valued at $1.78 billion.
Coinbase Shares Plunge 20% on Weak Earnings
Coinbase experienced its worst weekly performance since September
2024, with shares falling 19.6% after disappointing earnings
revealed an 88.8% decrease in net operating earnings per share.
Ethena’s Price Rally at Risk Amid Whale Exits
Ethena’s substantial 140% increase in value during July is being
challenged by an upcoming token unlock and large-scale sell-offs by
whale investors, with 171 million ENA tokens soon to be released.
Satoshi Nakamoto Statue Recovered Damaged
After being stolen in Lugano, Switzerland, the statue of Satoshi
Nakamoto was found broken after being thrown into a lake. The
incident is thought to be vandalism by a group of drunk individuals
celebrating Swiss National Day.
Cardano Commits $71M to Network Enhancements
The Cardano community has approved a $71 million funding plan for
Input Output Engineering to spend a year improving the network’s
scalability, developer tools, and ability to work with other
systems.
Cardano Approves $70M for Development
Following a community vote, Cardano’s Input Output Global will
receive a $71 million budget for future network upgrades. This was
approved by 74% who favour phased funding as goals are reached to
increase ADA demand and encourage more developer activity.
Bitcoin Dips Under $115K, Rebound Possible
Bitcoin has decreased to under $115,000 during a correction in
August; however, changes in the larger financial picture may point
toward a possible comeback.
Toncoin Shows Signs of Potential Increase
Toncoin (TON) shows potential for growth, trading at $3.56 even
with a minor daily reduction. Strong demand and investor interest
are demonstrated by increased trade volumes for the token.
Can Zebec Network Reach a New Peak Soon?
Zebec Network (ZBCN) is trading at $0.0054, just 25% below its all-time
high of $0.0071, bolstered by solid technical dynamics and good
fundamental advancements.
UK at Risk of Lagging in Crypto Development
George Osborne, the former Chancellor, warns that the British
government is losing ground in the global cryptocurrency revolution
and needs to implement rules more proactively to catch up.
Is HBAR Facing a Downturn?
Since June, HBAR has gained more than 130%; however, latest trends
point toward a possible bearish turnaround as it struggles to keep
its momentum above $0.30.
France Considers Government-Backed Bitcoin Mining with Nuclear Power
French politicians are suggesting using extra nuclear power for
government-supported Bitcoin mining, with the goal of turning unused
electricity into financial gain.
DOGE Growth Stalls at 20 Cents
DOGE rose by 5%, getting to $0.200 before dropping to $0.198,
pushed by large holder activity. However, it was unable to stay
above the $0.20 mark, indicating a potential period of stability.
Bitcoin Could Reach $140K Before Bear Market
Ledn CIO John Glover predicts Bitcoin will approach $140,000 this
year prior to a market slowdown in 2026, despite recent price
reductions and profit-taking by long-term holders.
XRP Climbs to $3 Amid Profit-Taking
XRP saw a 6% gain, peaking at $3.03 before settling at $3.00, driven
by increased trading activity beyond 110 million and institutional
acquisitions. A mix of profit-taking activities and resistance at the
$3.03 mark resulted in the partial loss of gains.
Metaplanet Bitcoin Holdings Rise to 17,595 BTC
To reach its target of 210,000 BTC by 2027, Metaplanet purchased an
additional 463 BTC, which increased its Bitcoin treasury.
XRP Gains Strength as Bitcoin Nears $115K
Despite market turbulence due to new U.S. tariffs, Bitcoin and Ether
became more stable following significant ETF outflows, with XRP
exhibiting resilience.
XRP Pulls Back from July Highs
Following its peak in July, XRP has dropped to $2.99, which is 17%
below its historical high. The MVRV ratio has generated a death
cross, suggesting possible more drops.
Conflux’s CFX Increases Amid China Rumors
Over the weekend, Conflux’s CFX token went up 14%, outperforming the
broader market; however, analysts have mentioned sluggish on-chain
activity and issues with centralization.
SharpLink Expands Ethereum Treasury to $1.65B
For around $53.9 million, SharpLink Gaming has bought an additional
15,822 ETH, bringing its total Ethereum holdings to 480,031 ETH,
valued at $1.65 billion.
Increased Bitcoin ETF Options Limits May Promote Price Stability
According to NYDIG Research, the SEC’s decision to raise position
limits on bitcoin ETF options could potentially help lower volatility
by making strategies such as covered call selling easier.
Justin Sun Travels to Space on Blue Origin
TRON founder Justin Sun launched into space aboard a Blue Origin
rocket, finally fulfilling a long-awaited ambition nearly three years
after winning his seat with a $28 million offer.