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Author: Isabella Taylor
On July 31, the U.S. Securities and Exchange Commission’s Chairman Paul Atkins gave a 30-minute speech in which he outlined the SEC’s plans to improve the regulatory climate surrounding the cryptocurrency industry significantly. While the markets didn’t react to it, the crypto community declared Atkins’s speech “the most bullish news for crypto in a decade.” Summary SEC Chairman Paul Atkins outlined future focal points of crypto regulation New rules will ease crypto business in the U.S., give Americans new opportunities, and reshore companies that left during the Biden era SEC is going to support tokenization and set a clear framework…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, Bitcoin’s (BTC) role in crypto was oddly static. It was the most valuable, most trusted, and most widely held asset — yet it mostly just sat there, locked in vaults and quoted in headlines more than actually used. But that stillness was the point. Bitcoin wasn’t trying to be Ethereum’s (ETH) replica, and it wasn’t built for programmability. It stood apart by doing one thing well — storing value. Summary Bitcoin is evolving from a…
Ondo has declined 9.21% from recent highs after rejecting from resistance, but price is now approaching a high-confluence support zone. If demand returns at this level, a bullish reversal could soon follow. Summary ONDO has corrected below the value area low and is approaching $0.83 support. $0.83 is a high-confluence zone with POC, 0.618 Fib, and channel low alignment. A bullish reversal is likely if demand returns, with volume as the key confirmation signal. Following a strong rally, Ondo (ONDO) has entered a corrective phase and is now trading below the value area low. This pullback has brought price action…
U.S. Treasury Secretary Scott Bessent says the United States has entered a golden era of cryptocurrency as it looks to unlock new possibilities with blockchain technology. Summary U.S. Treasury Secretary Scott Bessent posted on X that the U.S. has entered a new age with crypto. Companies and protocols should build their projects in the United States as the sector receives much needed regulatory clarity and support. Bessent’s comments come as the U.S. cryptocurrency space experiences notable growth and backing under President Donald Trump. Among key milestones are the landmark Genius Act, the President’s Working Group on Digital Assets report, and…
Can crypto sustain momentum in August as macro risks, token unlocks, and investor preferences decide how and where money moves? Summary Crypto markets enter August amid a crowded macro calendar, with jobs data, inflation prints, and Jackson Hole remarks expected to guide liquidity sentiment. Token unlocks from Sui, Aptos, and Avalanche could pressure prices, though reduced volumes and changing investor behavior may limit systemic impact. FTX’s $1.9B repayment round may influence flows, with outcomes depending on whether creditors reallocate recovered funds into crypto or exit entirely. Ethereum has outperformed Bitcoin since mid-July, gaining over 40% as capital rotates into altcoins…
PENGU’s price is showing signs of topping off, despite Animoca’s long-term bet on its IP-driven future. Summary Pudgy Penguins rally is showing signs of topping off. PENGU saw almost a 500% rise since late July. Animoca Brands argues for a bullish case for PENGU, beyond crypto. Pudgy Penguins (PENGU) rally is showing signs of a slowdown, despite several long-term bullish developments. On Friday, August 1, the PENGU price was down 7%, amid a broader market downturn. Still, this comes after a major rally, as since late July, the PENGU price has risen by almost 500%, overtaking BONK (BONK) as the…
XRP has pulled back 7.14% from its recent local top, entering a corrective phase after a strong upward move. Despite this retracement, the structure remains bullish as long as key support levels hold. Summary XRP has pulled back and is now approaching key support at $2.80. The $2.80 zone aligns with the 0.618 Fibonacci, value area high, and HTF structure. If support holds, a higher low may form, continuing the bullish trend toward new highs. Following a sharp expansion driven by a reclaim of the point of control, Ripple (XRP) has now rejected from recent highs and is approaching a…
U.S. stock indices fell as weak jobs data spooked investors, despite earnings beats from Apple and Amazon. Summary Dow Jones fell more than 600 points on weak jobs data. Apple stock fell despite strong earnings. Fed may have to lower interest rates to boost hiring. Weak jobs data hit stocks hard, despite improving odds of the Federal Reserve cutting interest rates. On Friday, April 1, the Dow Jones dropped 620 points, or 1.42%, while the S&P 500 lost 1.75%. At the same time, the tech-heavy Nasdaq declined as much as 2.33%. The main driver of the declines was July’s labor…
Subzero Labs is betting that its newly-funded network Rialo, with its native event triggers and Web2-like reactivity, can reverse developer exodus from crypto. If it works, the Pantera-backed network could rewrite the rules of blockchain usability. Summary Subzero Labs has raised $20M led by Pantera Capital to launch Rialo, a new blockchain aimed at solving crypto’s developer retention crisis. Built by alumni from Meta, Netflix, Solana, and Diem, Rialo prioritizes real-world integration with event-driven architecture and native web connectivity. According to a press release dated August 1, Subzero Labs has emerged from stealth with a $20 million funding round led…
AAVE crypto price continued its freefall this week, hitting its lowest level since June 28. The token has entered a local bear market after falling 23% from its July high of $337. Summary Aave crypto has moved into a local bear market after falling by 23% from the July high. The total value locked in the ecosystem surged to a record high this week. Data shows that the fees and revenue in the network is soaring. AAVE crypto price crashed despite booming ecosystem Aave (AAVE), the biggest player in the decentralized finance industry, is firing on all cylinders as its…