Author: John Smith
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Tokenization is rewriting the rules of global wealth, and Asian countries like Indonesia and Malaysia are emerging as epicentres of the global real-world asset boom. Unlike legacy hubs like London, dependent on U.S.-approved crypto rules and bogged by regulatory inertia, Asia is moving deliberately to shape its own financial future. Summary Tokenized sukuks as untapped opportunity: Despite $1T+ in global sukuk issuances, access has been limited to institutions — tokenization can democratize Shariah-compliant, yield-bearing finance. Regulatory clarity…
XRP price has sunk into a bear market after plunging by 23% from its highest point this year. Still, its strong technicals and fundamentals point to a strong rebound in September. Summary XRP price has plunged by 23% from the year-to-date high. Ripple USD stablecoin supply jumped to a record high of $701 million. XRP futures continued gaining momentum, three months after launch. RLUSD and CME Futures growth Ripple (XRP) price retreated to $2.8160 as the recent momentum in the crypto market stalled. However, data shows that the ecosystem is doing well, which may help it rebound in September. CoinMarketCap…
Prediction markets are making a comeback, attracting big exchanges, brokerages, and crypto-native startups. Yet, questions remain about whether these platforms can grow into reliable, lasting sources of insight. Summary Prediction markets are back, drawing attention from exchanges, brokerages, and crypto startups. Politics, finance, and sports are all on the table as platforms like Polymarket, Kalshi, Robinhood, and a Coinbase-backed team expand offerings. Still, doubts linger over whether these markets can scale beyond hype, with new entrants aiming to combine decentralization and regulatory compliance. It’s quite hard to miss the noise. Prediction markets are back in the headlines, and this time…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 is powering a digital revolution that will bring untold benefits to organizations. Decentralization promises to tear down the monolithic structures that support the internet as it exists now, with major implications for finance, social media, and even the computing infrastructure that supports the digital economy. Summary Decentralized compute holds huge promise — cheaper, censorship-resistant, and scalable for AI, while putting privacy and sovereignty back in users’ hands. Unlike AWS or Google Cloud, decentralized networks lack enforceable…
HBAR price has plunged in the past two weeks, moving into a bear market, and a risky pattern points to more downside in the coming weeks. Summary Hedera price technical analysis points to a bearish breakout. It has formed a highly bearish descending triangle pattern. Its strong fundamentals may help to offset the bearish outlook. Hedera (HBAR) was trading at $0.2243 today, Aug. 31, down by 26% from its highest point this year. It is hovering at its lowest level since July 13. Technical analysis points to HBAR price crash The daily timeframe chart shows that the HBAR price has…
Dogecoin price has plunged to a crucial support level, pointing to an eventual rebound as the deadline for DOGE ETF approvals nears. Summary Dogecoin price has plunged to a crucial support level. The deadline for the spot DOGE ETF approvals is nearing. Technical analysis points to more gains in September. Dogecoin (DOGE), the biggest meme coin, was trading at $0.2180, down by 24% from its highest point in July. This retreat has dropped to $32 billion. Dogecoin price has two main catalysts that may push it higher in the longer term. One of them is that Alex Spiro, Elon Musk’s…
Polygon price flipped a crucial resistance level as non-fungible token sales, stablecoin supply, and active addresses in the network jumped. Summary Polygon price rose as third-party data showed its ecosystem was growing. NFT sales and buyers in its network jumped by double digits in the last 7 days. The stablecoin supply in the Polygon ecosystem jumped to a record high. Polygon (POL) jumped to a high of $0.2796, its highest level since March 3, and 80% above its lowest point this year. Polygon active addresses and NFT sales rebound Third-party data shows that the Polygon ecosystem network is making some…
Two former executives from defunct crypto lender Cred LLC have been sentenced to a combined 88 months in federal prison for their roles in a wire fraud conspiracy. Summary Cred’s ex-CEO and CFO get 88 months for defrauding 6,000+ customers of $140m Executives misled clients after COVID-19 crash exposed Cred’s risky strategy Cred’s bankruptcy left over $1b in losses by today’s crypto valuations The conspiracy left over 6,000 customers with more than $140 million in losses. Senior U.S. District Judge William Alsup sentenced co-founder and former CEO Daniel Schatt to 52 months behind bars. Former CFO Joseph Podulka received a…
After plummeting from a $20 billion market cap to just $2.7 billion following its February mainnet launch, Pi Coin’s price could surge to $1 in September, driven by several key catalysts—including a crucial network upgrade and growing institutional interest. Summary Pi Network price could surge to $1 in September, helped by top catalysts. It has formed a bullish double bottom and falling wedge patterns. The upcoming Pi upgrade and potential exchange listings may push it higher. Pi Network price catalysts for September Pi Coin (PI) is on the cusp of a significant price move, trading at $0.366 on Saturday, Aug.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Trump’s GENIUS Act is in the hot seat of global crypto news, and everyone’s got an opinion on what it might mean for U.S. DeFi. For me, at least, while it’s certainly a good step forward, Trump’s move will simply not be enough to topple the UAE from the crypto throne. Regardless of this new legislation, the UAE will forever be the industry’s heavyweight champion. Summary GENIUS Act ensures stablecoin backing, AML compliance, and consumer protection, yet…