Author: John Smith

NMR price has backtracked some of its gains following a skyrocketing rally after Numerai secured an investment from banking giant JPMorgan. Summary NMR price hit an intraday high of $19.55 after rallying roughly 142%. Numerai has secured $500 million investment from JPMorgan. At press time, the price is down from recent highs, but technical indicators remain bullish. According to data from crypto.news, Numeraire (NMR), the native token of the crowdsourced quant hedge fund Numerai, surged 142% to an intraday high of $19.55 on Aug. 27, marking its highest level since December of last year.  Today’s rally also confirmed a breakout…

Google’s new Layer1 platform faces heavy criticism from the crypto community. Dubbed GCUL, the platform is meant to facilitate cross-border payments and asset settlements through a distributed ledger. Summary Users on X criticized Google’s upcoming L1 for being a permissioned and private system. The platform plans to be more open in the future and aims to simplify cross-border payments and asset settlements through a distributed ledger. In its main blogpost, Google Cloud’s blockchain is described as a “private and permissioned system” which leverages Google’s technology. These are principles that go against the decentralized and permissionless values the crypto community is…

Singapore-based cross-border payments firm Tazapay has secured new funding from Ripple and Circle Ventures, positioning itself as a key bridge between traditional finance and stablecoin-powered transactions. Summary Ripple and Circle invested in Singapore-based Tazapay’s Series B round. The cross-border payments platform processes $10B+ annually and is growing 300% YoY. Funds will accelerate licensing in the U.S., UAE, Hong Kong, Australia, and beyond. Tazapay announced on Aug. 27 that it closed its Series B funding round with participation from Peak XV Partners, Ripple (U.S.), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investors January Capital and ARC180 also joined…

Republic Digital made a strategic investment in RWA firm Centrifuge via its Opportunistic Digital Assets Fund. Summary Republic Digital’s Opportunistic Digital Assets Fund invested in Centrifuge RWA firm The company’s JAAA ETF enables ordinary investors to buy in complex fixed-income products Centrifuge’s TVL grew from $120M to $1.2B in just 6 months Real world assets are continuing to capture the interest among tradFi firms. On Tuesday, August 26, Republic Digital announced a strategic investment in Centrifuge, via its Opportunistic Digital Assets Fund. Republic Digital and Centrifuge did not disclose the total value of the investment. According to Republic Digital, this…

With a fresh $15 million raise, Hemi says it’s building the alarm clock for Bitcoin’s $2.3 trillion in dormant value. The project aims to transform the world’s largest crypto asset from a static store of value into the dynamic foundation for a new DeFi ecosystem. Summary Hemi raises $15 million in growth funding ahead of its token generation event, bringing total funding to $30 million. Round led by YZi Labs, Republic Digital, and HyperChain Capital, with participation from top crypto funds. The funding aims to accelerate development of Hemi’s Bitcoin programmability layer. In a press release dated August 26, Hemi…

BitGo has announced support for HyperEVM, bringing secure access and custody for institutional users in the Hyperliquid ecosystem. Summary BitGo has expanded its custody solution to institutions participating in Hyperliquid’s HyperEVM. The platform now supports HYPE custody, self-custody and governance. BitGo said in an update that its custody solution was now live for Hyperliquid (HYPE), bringing access to HyperEVM to institutions.  The integration, BitGo noted, allows for qualified custody with institutional investors able to participate further in the leading on-chain trading ecosystem. Basically, users can tap into BitGo’s secure custody service as they interact with assets on the HyperEVM, including…

XRP price is trading above strong high-timeframe support, aligned with the 0.618 Fibonacci retracement and the 50-day moving average. This confluence reinforces its bullish market structure and continuation potential. Summary XRP trades above high time frame support at the 0.618 Fibonacci and 50-day moving average. Higher lows and higher highs signal bullish continuation potential. Bullish volume inflows are essential for sustaining a move toward a new all-time high. Ripple (XRP)’s recent price action has highlighted a significant confluence zone that is currently acting as support. This level combines high-timeframe support, Fibonacci retracement, and a dynamic moving average structure, all of…

Eclipse Labs is burning its ships. Just weeks after its token launch, the L2 developer has replaced its CEO and executed deep layoffs, abruptly abandoning its infrastructure-only model to build its own consumer applications in a fight for relevance. Summary Eclipse Labs replaces CEO Vijay Chetty with Sydney Huang and cuts 65% of staff. The firm pivots from infrastructure to building its own consumer applications. ES token has dropped over 65% since launch, adding pressure to restructure. In an X post on August 15, Layer 2 developer Eclipse Labs announced a brutal corporate restructuring, replacing high-profile CEO Vijay Chetty, known…

While anything is technically possible in the cryptocurrency space, a $28 XRP would indicate a market-cap explosion into the trillions. This price point would necessitate a combination of long-term on-chain adoption, extensive institutional product rolls (bank rails, ETFs), significant M&A/partnership wins, and an extended parabolic cycle rather than a brief spike driven by headlines.  Summary With a 6% daily gain, increased volumes, and fresh hope after the SEC case was clarified, XRP is currently trading at about $2.9, demonstrating strong momentum. The possibility of a historical parabolic cycle, the clarity of regulations boosting institutional trust, and Ripple’s growing alliances and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts eye Little Pepe and Pudgy Penguins as meme plays that could turn $210 into a massive return. Summary LILPEPE presale hits 97.5% sold, $21.6m raised, and is now eyeing 18,000% upside post-listing. PENGU gains momentum with NFT collabs, ETF buzz, and strong chart structure. Analysts see LILPEPE + PENGU as high-upside plays vs pricey Solana, Cardano. Ever felt like the old guard — Solana and Cardano — are solid? But deep down, there’s a feeling that a real…