XRP Bulls Defend Key Level as Analyst Envisions Another 100% Rally

XRP is back on the offensive, but can it really reach the $2.70 target?  The price rally initiated by the cross-border token in mid-August was halted at $1.70, and the subsequent correction drove it south hard to under $1.35. However, the asset managed to rebound swiftly and now sits above a key support level at $1.40.  This has provided additional fuel to popular bullish analysts such as EGRAG CRYPTO to map out XRPs next move, which could take it north by almost 100%.  Is $2.70 on the Map for XRP?  The token‘s recovery coincided with a substantial increase in trading activity as the spot volume across major exchanges skyrocketed to its highest level since February in late August. Binance alone handled almost $7.3 billion in XRP spot trades, followed by South Korea’s Upbit ($4.7 billion) and Bithumb with $2.6 billion.  EGRAG argued that XRP is now attempting to establish a bullish continuation pattern after recovering from the recent pullback that drove it from $1.70 to $1.33 in just over a week. The key here will be whether buyers can reclaim the resistance area that has repeatedly capped the assets breakout attempts.  If XRP is finally successful, it could aim at $2.70, said EGRAG, which would be

09-05Industry

South Korea Reveals Tokenized Securities Roadmap

South Korea‘s Financial Services Commission (FSC) introduced a policy roadmap on September 4 to digitize the issuance and circulation of securities, a three-phase plan that begins with tokenized money market funds for institutions in February 2027 and eventually reaches on-chain payments tied to stablecoins, according to the regulator’s announcement.  A Three-Phase Tokenization Timeline  The FSC unveiled the roadmap at its third private-public consultative meeting on securities tokenization and will direct securities firms and the Korea Securities Depository (KSD) to build the supporting infrastructure. An amendment to the Act on Electronic Registration of Stocks and Bonds takes effect on February 4, 2027, legally recognizing security tokens as a digitized form of securities and marking the start of the first phase.  That phase covers privately pooled money market funds and bonds reserved for institutional investors, unlisted stocks issued through a trust structure, and publicly offered fractional investment securities. The second phase would widen tokenization to all publicly offered securities, while a final stage targets on-chain payment infrastructure linked to stablecoins. The FSC said the later phases stay flexible, depending on the first phases outcome, market adoption, and pending stablecoin legislation.  Guardrails for Fractional Investing  The roadmap also sets model standards for fractional investment, which can take the

09-05Industry

Revolut wins conditional OCC approval – What it means for EURR and crypto

In a recent turn of events, the Office of the Comptroller of the Currency (OCC) has given Revolut a preliminary green light to establish a national bank. This in turn would allow the firm to build and operate its own banking infrastructure under U.S. federal banking supervision.  However, the approval is not yet the final authorization to start banking operations. Going forward, Revolut still has to satisfy the OCCs conditions and obtain approvals from the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve.  Still celebrating this milestone, Revolut Founder and CEO Nik Storonsky said,  Conditional OCC approval is an important first step towards establishing the proposed Revolut Bank US. It gives us the foundation to build in the worlds largest financial market and bring the full Revolut experience to millions of Americans.  Needless to say, this is good news for the crypto industry because Revolut has also launched its euro-backed stablecoin, EURR. And now, with OCCs green light, more crypto initiatives might come in. Though EURR has drawn mixed reactions, this is just the start.  Why not all approvals are good news?  That said, Revolut is not the only one riding this boat. As over the past year, the OCC has conditionally approved national trust

09-05Exchange

Binance Coin (BNB), Uniswap (UNI), Gram (GRAM) and ChainLink (LINK) Price Analysis for September 5: Memecoin and Altcoin Season Is Here

After momentarily hitting the $725–$730 range, Binance Coin is currently trading around $713 in an effort to maintain one of its biggest upward trends in recent months. The structural shift that underlies the rally is just as significant as the event itself. BNB has clearly surpassed its major moving averages.  The longer-term averages are still grouped around $623–$651, but the 20-day EMA has accelerated to about $668. Most notably, after falling below the 200-day EMA for several months, the price has now recovered it around $651. As a result, the current bullish structures primary support range is now $650–$670.  BNB/USDT Chart by TradingView  Binance Coin (BNB), Uniswap (UNI), Gram (GRAM) and ChainLink (LINK) Price Analysis for September 5: Memecoin and Altcoin Season Is Here  Ripple Swell to Feature Indias Former Central Bank Governor  Momentum is the problem right now. After a dramatic increase from roughly $605, BNB is now in overbought territory with an RSI of about 73. Buyers are facing significant opposition, as evidenced by the most recent rejection at $730. Therefore, a short-term correction or sideways consolidation would be typical instead of the breakout being immediately invalidated. $730 is the initial level that bulls must clear.  You Might Also Like  Discover more  Compare Credit Cards  FINANCE  exchange-traded funds

09-05Industry

Solana‘s rent reform could free 3.08M SOL – But is it really an ’airdrop?

The Solana network and its ecosystem underwent two significant changes within one week. Validators first approved a plan to reduce future SOL issuance by 18.9 million.  AMBCrypto previously reported on the disinflation proposal. Now, Solanas rent system is also changing, potentially unlocking millions of SOL held inside existing accounts.  How does Solanas rent reduction work?  On September 3rd, Solana activated rent reduction. With the activation, the network will reduce storage bins for onchain accounts by approximately 90%.  According to Solana Floor, the first stage lowers the Lamports-per-byte requirement from 6,960 to 6,333, through five feature gates. This will mark a 9% drop.  The already existing accounts will keep their lamports, so each activated reduction will leave them above the new minimum. The excess funds could be withdrawn without closing the account.  Discover more  exchange-traded funds  Currencies & Foreign Exchange  Digital Currencies  How much could be surplus funds?  Solana activated its rent reduction on the 3rd of September. The complete rollout will reduce storage costs for on-chain accounts by approximately 90%.  According to Solana Floor, the first stage reduced the Lamports-per-byte requirement from 6,960 to 6,333. This represented a 9% reduction across five feature gates.  Existing accounts will retain their Lamports, leaving them above the newly reduced minimum.  Consequently, account holders could withdraw the surplus

09-05Industry

XRP Branding Hits Florida Field in Reported $5M Annual Ripple Deal – Bitcoin News

Key TakeawaysThe XRP logo will appear on Florida Field beginning with the 2026 season.The Ripple sponsorship will reportedly generate $5 million annually.Ripple will support finance and technology education across the campus.  XRP Branding Arrives at Florida Field  Florida Athletics, the University of Florida‘s intercollegiate sports program known as the Florida Gators, announced the multiyear sponsorship on Sept. 4, bringing Ripple’s XRP branding to Ben Hill Griffin Stadium beginning with the 2026 football season. The agreement also covers Florida Athletics digital properties and event signage while extending financial and technology education to student-athletes and the broader campus community.  University of Florida Athletic Director Scott Stricklin stated:  “This partnership brings together two organizations that think boldly about the future, and we look forward to introducing XRP to our fans.”  An Associated Press report placed the agreements value at $5 million annually, citing a person familiar with the negotiations. Florida and Ripple did not disclose the financial terms.  Discover more  Merchant Services & Payment Systems  Digital Currencies  FINANCE  NCAA Rule Opens New Revenue Channel  The sponsorship follows a National Collegiate Athletic Association (NCAA) rule change permitting commercial field advertisements during regular-season football games beginning in 2024. Schools may place one advertisement at midfield and no more than two smaller advertisements elsewhere. The rule permits

09-05Industry

XRP Branding Hits Florida Field in Reported $5M Annual Ripple Deal

Florida Athletics signed a multiyear agreement with Ripple that will place the XRP logo on the field at Ben Hill Griffin Stadium. The sponsorship will reportedly generate $5 million annually while extending Ripples cryptocurrency branding and education campaign across the university.  Key TakeawaysThe XRP logo will appear on Florida Field beginning with the 2026 season.The Ripple sponsorship will reportedly generate $5 million annually.Ripple will support finance and technology education across the campus.  XRP Branding Arrives at Florida Field  Florida Athletics, the University of Florida‘s intercollegiate sports program known as the Florida Gators, announced the multiyear sponsorship on Sept. 4, bringing Ripple’s XRP branding to Ben Hill Griffin Stadium beginning with the 2026 football season. The agreement also covers Florida Athletics digital properties and event signage while extending financial and technology education to student-athletes and the broader campus community.  University of Florida Athletic Director Scott Stricklin stated:  “This partnership brings together two organizations that think boldly about the future, and we look forward to introducing XRP to our fans.”  “This partnership brings together two organizations that think boldly about the future, and we look forward to introducing XRP to our fans.”  An Associated Press report placed the agreements value at $5 million annually, citing a person familiar with

09-05Industry

Binance Alpha to Remove 12 Crypto Tokens on September 4

Binance is set to remove 12 cryptocurrencies from its Binance Alpha platform, triggering fresh concerns among affected token holders. The exchange plans to implement the changes late Friday, September 4, as part of its ongoing review of listed assets.  MTP, BDXN, and TALE rank among the tokens facing removal. However, BOS, MAIGA, TIMI, U, SERAPH, RVV, AIAV, PENGUIN, and SN3 will also leave the platform.  Binance Alpha will remove the following tokens on 2026-09-04 at 8:30 (UTC): $MTP, $BDXN, $TALE, $BOS, $MAIGA, $TIMI , $U (Union), $SERAPH, $RVV, $AIAV, $PENGUIN, #SN3.  Withdrawing or selling of these tokens on Binance Alpha will still be allowed after the removal.  Users can do…  Trading Access Remains  Significantly, the move does not immediately block users from accessing their holdings. Binance said deposits will stop following the removal. However, users can continue selling or withdrawing the affected tokens after the change.  Additionally, holders can move their assets to external wallets through Binance Alpha. Users can also sell their tokens through the platforms Instant trading option.  What Holders Should Watch  Besides the immediate changes, the delisting could affect liquidity and market confidence surrounding these projects. Binance often reviews assets for factors including volatility, liquidity, and market integrity.  Consequently, traders may face wider spreads or increased price

09-05Industry

Robinhood Chain Brings Arbitrum Token Back from the Dead. ARB is Up 90%

Arbitrum (ARB) price has climbed 90% from the record low it set in June. The rally accelerated after Robinhood Chain fees reached an all-time high of $4.45 million on Sept. 2.  ARB trades near $0.1316 after a 50% weekly gain, according to BeInCrypto data. Meanwhile, the network that settles those Robinhood Chain transactions earned almost nothing over the same period.  Robinhood Chain Fees Hit a Record $4.45 Million  Between August 31 and September 1, Robinhood Chain generated over $10 million in fees, with a 109% increase across sessions.  Robinhood Chain Daily Fees. Source: DefiLlama  Through most of August, daily fees stayed below $400,000. The current pace therefore sits more than 10 times above the previous peak.  Robinhood launched the network on Arbitrum in July, and Uniswap routes the majority of its trading volume.  Discover more  Deploy Cloud Servers  Finance  Choose POS Systems  Under the Arbitrum Expansion Program, Orbit chains return 8% of revenue to ArbitrumDAO and 2% to a developer guild. Applying that 8% share suggests roughly $320,000 reached the DAO on Sept. 2 alone.  Arbitrum One Earns in a Day What Robinhood Chain Makes in Minutes  The contrast with Arbitrum One is stark. The network processed 1.94 million transactions over 24 hours, yet collected just 5.8 ether (ETH) in fees, worth roughly

09-05Industry

APX Lending Launches Bitcoin, Ether Credit Line

APX Lending, Canada‘s first regulated digital-asset-backed lender, launched a five-year revolving line of credit on September 3 that lets clients borrow against Bitcoin, Ethereum, or both, according to the company’s announcement. The facility carries no origination, prepayment, or liquidation fees and includes up to $250 million in collateral insurance coverage.  How the Line of Credit Works  Unlike APXs fixed-term loans, which are collateralized by either BTC or ETH, the new facility can use both assets together to calculate borrowing capacity. A client holding $200,000 of Bitcoin and $100,000 of Ethereum can apply the combined $300,000 toward a single credit line; at 60% loan-to-value, that supports up to $180,000 of borrowing capacity. Annual rates range from 10.49% to 11.99% depending on the outstanding balance, and interest accrues only on the amount drawn, so borrowers pay nothing on unused capacity.  The revolving structure lets clients establish the facility once, then draw, repay, and redraw as their needs change rather than starting a new loan each time. Available credit adjusts dynamically with the market value of the collateral, rising or falling as the pledged Bitcoin and Ethereum appreciate or depreciate.  Discover more  exchange-traded funds (ETFs  NEWS  Currencies & Foreign Exchange  A Regulated Lending Framework  APX was the first digital-asset-backed lender approved by

09-05Industry
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