RWA Perp Volume Hits $117B as On-chain Share Reaches 86%
Key Highlights RWA perpetual futures volume reached $117.3 billion in August, up 44-fold from a year earlier. Onchain venues accounted for 86% of August volume, or about $101 billion, versus…
Polygon Burns 100M POL, Cutting 1% of Supply
Key Highlights Polygon burned 100 million POL, worth about $10.12 million, permanently removing it from circulation. The burn came from accumulated transaction fees, with the 100 million POL representing about…
XRP, DOGE Flash Long-Term MVRV Discounts: Santiment
Key Highlights XRP’s 365-day MVRV stands around -11.75%, while Dogecoin’s is near -19.26%, according to Santiment. Bitcoin, Ethereum and Chainlink have moved slightly above the 0% level on the same…
Evernorth Advances Toward Nasdaq Listing as XRPN After S-4 Takes Effect
Key Highlights Evernorth’s Form S-4 registration statement for its proposed business combination with Armada Acquisition Corp. II has been declared effective. Armada shareholders are scheduled to vote on the transaction…
Peter Schiff Questions Catalysts Behind Bitcoin Rally, Citing Saylor
Key Highlights Peter Schiff attributed Bitcoin’s recent advance to Strategy’s latest purchase and Michael Saylor’s comments on the CLARITY Act. Strategy purchased 950 BTC for $75.7 million at an average…
Bitcoin Cash Jumps 22% After CME Announces BCH Futures
Key Highlights Bitcoin Cash gained 22.9% in 24 hours to $323.78, with trading volume reaching $983.78 million. BCH traded between $261.80 and $329.73, while its market capitalization reached $6.51 billion.…
Circle Launches Bitcoin-Backed cirBTC on Arc for DeFi Use
Key Highlights Circle Wrapped Bitcoin (cirBTC) is now available on the Arc blockchain. Each cirBTC is backed 1:1 by Bitcoin held in custody for token holders. Eligible Circle Mint customers…
Absa Launches Digital Asset Custody With Ripple Technology
Key Highlights Absa has launched a digital asset custody service using Ripple’s custody technology for institutional clients in Africa. The service helps institutions protect digital assets and manage private keys,…
World Money Expands Stablecoin Finance App Across 150+ Countries
Key Highlights World Money has begun rolling out its financial app across more than 150 countries, with features and eligibility varying by location. The app supports balances in U.S. dollars…
Bitcoin Eyes $90K After Breaking $80K Resistance as Shorts Lose $449M
Bitcoin (BTC) surged above $86,000 on Monday as a breakout from its recent consolidation, renewed exchange-traded fund inflows and a sharp derivatives short squeeze accelerated the cryptocurrency’s recovery. BTC was…