Author: SAMUEL
Bitcoin’s price is trading at $120,677, with a market capitalization of $2.40 trillion and a 24-hour trading volume of $50.93 billion. Over the past day, the intraday range has spanned from $118,020 to $122,312, as traders navigate a technically bullish environment supported by recent breakouts and favorable momentum readings. Bitcoin On the daily chart, bitcoin maintains a robust uptrend that began in early July, rallying from approximately $105,130 to a recent peak at $123,236. Price action has since consolidated before breaking upward once more, with immediate resistance set at $123,200 and critical support around $114,000 to $116,000. The moderate but…
A Nasdaq-listed company is making history with a $100 million bet on Ripple shares and XRP tokens, delivering unprecedented dual crypto-equity exposure for investors. First US-Listed Company to Offer Shareholders Both Ripple Equity and XRP Token Exposure Vivopower International Plc (Nasdaq: VVPR) announced on Aug. 8 that after a two-month due diligence review, it plans to allocate $100 million for an initial purchase of privately held Ripple shares. The acquisition will take place through direct agreements with existing Ripple shareholders, subject to executive approval. “Aside from these transactions, Vivopower will continue to directly acquire and hold XRP tokens,” the company…
Ethiopia is halting new electric power permits for data mining companies, effectively freezing the expansion of crypto-mining operations due to limited capacity. The decision follows a surge in interest, with 25 bitcoin mining firms already operating and nearly 20 more awaiting approval, drawn by Ethiopia’s cheap tariffs and abundant hydropower. EEP had marketed power sales to miners-paid in foreign currency-as a way to monetize excess energy, but experts warn actual consumption may be higher than reported, potentially affecting local access. Crypto miners were major contributors to Ethiopia’s $338 million in power export revenue last year, a 141% increase. Despite operating…
Samson Mow, CEO of JAN3, explained that bitcoin prices might experience an Argentine split in the future, separating the bitcoin component of the institutional financial system from bitcoin in self-custody. Nonetheless, he believes this won’t pose an existential threat to the currency. JAN3 CEO Warns Institutionalization of Bitcoin Might Cause an Argentine Split on Prices The institutionalization of bitcoin and its adoption as a treasury asset by several companies might affect the future pricing of the cryptocurrency. Samson Mow, CEO of JAN3, a company that promotes bitcoin adoption at a nation-state level, predicted that the differentiation of bitcoin held by…
Bitcoin price stood at $118,573 on Aug. 10, 2025, with a market capitalization of $2.35 trillion and a 24-hour trading volume of $31.06 billion. The intraday price range extended from $116,494 to $118,639, reflecting tight consolidation as traders awaited a potential breakout or retracement. Bitcoin The daily chart shows bitcoin recovering from a sharp retracement, having bounced from around $112,000 toward current levels. The broader trend remains a mid-range consolidation between the $112,000 support and $123,000 resistance zones. The relative strength index (RSI) at 59, Stochastic at 68, and commodity channel index (CCI) at 56 all point to a neutral…
White House Crypto Council Director Departs—Says US Now Positioned as Global Crypto Capital A top White House crypto strategist exits after steering landmark policies that propelled the U.S. toward global leadership in digital assets, igniting unprecedented industry momentum and competitive advantage. Bo Hines Leaves White House Post, Points to US Progress Toward Global Crypto Lead White House Crypto Council Executive Director Bo Hines announced on the social media platform X on Aug. 9, 2025, that he will step down from his role and return to the private sector. “Serving in President Trump’s administration and working alongside our brilliant AI &…
Ripple is positioning itself at the forefront of a $19 trillion revolution, as institutional-grade custody accelerates real-world asset tokenization across treasuries, gold, equities, real estate, and global markets. Ripple Sets Sights on $19 Trillion Tokenization Era Across Global Asset Classes Ripple published a report on Aug. 8, 2025, stressing that institutional-grade digital asset custody is a critical foundation for the rapidly expanding real-world asset (RWA) tokenization market. “RWA tokenization is gaining momentum” as more treasuries, gold, equities, and real estate transition onto blockchains, the company stated, unlocking liquidity, enhancing transparency, and broadening market access. The report emphasizes: By 2033, the…
XRP is set to anchor an ambitious multi-industry push by Nature’s Miracle, driving adoption across payments, gaming, travel, food, and EV sales for mainstream daily use. Nature’s Miracle Explores XRP Deployment in Multiple Daily Consumer Activities Nature’s Miracle Holding Inc. (OTCQB: NMHI) announced on Aug. 8, 2025, at the OTCQB Venture Virtual Investor Conference a comprehensive XRP-focused strategy aimed at embedding the cryptocurrency into both corporate finance and consumer-oriented activities. The OTCQB is an over-the-counter equity market in the United States for early-stage and growth companies that are current in their reporting with the U.S. Securities and Exchange Commission (SEC).…
XRP gains fresh momentum after Ripple secures a new SEC waiver removing a Regulation D disqualification, paving the way for institutional integration, accelerating adoption, boosting capital-raising opportunities, and strengthening market confidence. Ripple Scores Another SEC Victory, Fueling XRP’s Push Into Institutional Portfolios The U.S. Securities and Exchange Commission (SEC) granted Ripple Labs a waiver on Aug. 8, 2025, from a Regulation D disqualification provision tied to a prior injunction. The case began with a complaint filed on Dec. 22, 2020, in the U.S. District Court for the Southern District of New York, in which the SEC alleged that Ripple’s sale…
Eric Trump mocked traders who were shorting ethereum as the cryptocurrency’s rally led to over $173 million in short contract losses. ETH Rally Obliterates Short Contracts On Aug. 8, Trump Organization Vice President Eric Trump mocked traders who were shorting Ethereum ( ETH) after the digital asset’s rally obliterated more than $173 million in short contracts. Writing on X, Trump said it puts “a smile on my face to see ETH shorts get smoked today.” He went on to advise traders to stop betting against both ETH and bitcoin ( BTC) and warned that those who disregard this “will be…