Latest Crypto News & Market Updates

Trump-promoted brand touts GOLD before token collapse

A Solana-based token promoted by a Trump-linked coin brand collapsed within hours of its launch, raising questions over who was behind it and its unusual trading activity.　　Real Trump Coins, a brand US President Donald Trump publicly promoted in 2024, touted the “Trump Digital GOLD” token on X before deleting related posts on Saturday, according to blockchain analytics platform Lookonchain.　　The Real Trump Coins website continued promoting GOLD as of publication, advertising a 4% trading fee and pledging to use 99% of trading fees to buy back the token in an effort to make it a top-10 crypto asset by market capitalization.　　The launch has left crypto observers questioning GOLDs legitimacy, with some suggesting the Real Trump Coins website and its Trump-followed X account may have been compromised.　　GOLD token wallets sell amid 82% supply concentration　　The token surfaced early Saturday when the Real Trump Coins X account, which Trumps official account follows, announced the GOLD launch and directed users to RealTrumpCoins.com to buy the token.　　Lookonchain flagged the launch shortly afterward, noting that the developer held 600 million GOLD while 15 newly created wallets spent $18,657 to acquire another 224.5 million tokens. “The team currently controls 82.45% of the total supply,” Lookonchain said, advising users

08-29Industry

XRP ETFs gain ground in two US fund filings

Two U.S. fund filings dated Aug. 27 and Aug. 28 have listed three XRP-linked ETFs, adding fresh evidence of the tokens growing presence across regulated investment products.　　SummaryProShares filing lists its unlevered XRP ETF and the 2x leveraged Ultra XRP ETF.Morningstar Funds Trusts amendment includes a live fund combining S it will not determine final passage. Senate leaders would still need to address amendments and hold additional votes if the cloture motion succeeds.　　The House passed the CLARITY Act in July 2025, while the Senate Banking Committee advanced its version by a 15-9 vote in May 2026. The proposal would divide oversight of digital assets between the SEC and the Commodity Futures Trading Commission based on how each asset is classified.　　Standard Chartered has estimated that clearer U.S. market rules could support another $4 billion to $8 billion of inflows into XRP investment products. The projection depends on legislation providing sufficient certainty for financial institutions and does not represent committed capital.

08-29Industry

Bitwise Solana ETF Crosses $1 Billion as SOL Price Rally Draws Institutional Demand

Bitwises Solana Staking ETF (BSOL) has become the first exchange-traded fund tracking Solana to surpass $1 billion in assets under management, less than a year after its launch.　　The milestone comes amid a sharp increase in activity across both the Solana ETF market and the underlying token.　　BSOL recorded more than $126 million in trading volume on Friday, its strongest single-day performance to date. Trading volume also exceeded $500 million across the seven sessions preceding the latest record.　　The fund has attracted inflows for seven consecutive trading days, bringing cumulative ETF inflows into Solana products to approximately $1.26 billion. That figure represents roughly 2.2% of SOLs current market capitalization, highlighting the growing scale of exchange-traded demand relative to the underlying market.　　Institutional accumulation has also continued outside the ETF market. DeFi Dev Corp purchased another 19,000 SOL for approximately $1.86 million, taking its holdings to around 2.33 million SOL, worth approximately $182 million based on the figures provided.　　Bitwises XRP ETF has also continued to attract capital. The product recorded an inflow of $15.40 million, while its assets under management stood at approximately $603 million at the time of writing.　　Together, the figures point to increasing institutional participation across crypto assets beyond Bitcoin and Ethereum, with

08-29Industry

NFT sales fall 44.7% to $63.3M as Ethereum leads

NFT sales volume fell 44.70% to $63.33 million over the past seven days, even as the number of buyer and seller addresses increased sharply across the market.　　According to data from CryptoSlam, captured on Aug. 29 with the seven-day filter selected, global NFT sales declined to approximately $63.33 million from about $114.5 million during the equivalent prior period.　　Buyer addresses increased 30.48% to 227,316, while seller addresses jumped 54.64% to 247,373. The figures represent blockchain addresses rather than confirmed individual users.　　Transactions moved in the opposite direction, falling 14.13% to 802,330. The combination of more participating addresses and fewer transactions indicates that activity was spread across a larger address base, although the data alone cannot establish whether each address represented a separate market participant.　　The NFT decline occurred as the wider crypto market pulled back. Bitcoin traded near $77,600, while Ether changed hands around $2,440 on Aug. 29. The global crypto market capitalization stood at approximately $2.71 trillion, down more than 2% over 24 hours.　　The NFT and cryptocurrency declines occurred during the same period, but the available data does not establish a direct causal relationship between them.　　Ethereum leads NFT sales with $35.6 million　　Ethereum remained the largest NFT blockchain with $35.56 million in organic sales,

08-29Industry

Polygon Labs issues urgent client upgrade notice following Austin and Kyoto hardforks

Polygon Labs said any Polygon PoS node that stayed on pre-hardfork Bor or Heimdall binaries past two August activation heights has already fallen out of canonical consensus. In practice, the stale node must upgrade and catch up before it can follow the networks accepted history again.　　Related Asset Polygon Ecosystem Token #56 POL · $0.11 24-hour change: down 2.00% Price history is not available. 24H Down 2.00% 7D Down 8.87% 30D Up 47.20%　　The companys Aug. 27 security review described a client-compatibility consequence. Polygon said it had not observed mainnet disruption from Austin and framed the disclosed changes as proactive fixes.　　Bor is Polygon PoSs execution client, while Heimdall handles consensus and checkpointing. Bor versions earlier than v2.10.0 are incompatible after Austin activated at mainnet block 91,949,700, a cutoff that applies to all Bor node roles.　　Heimdall validators and full nodes need v0.11.0 after Kyoto activated at height 51,533,000. Polygons Heimdall release notice dates that mainnet activation to Aug. 18 at 10:10:31 UTC.　　Austin and Kyoto addressed separate client risksInfographic compares Polygon PoS security hardforks Austin/Bor and Kyoto/Heimdall, outlining software requirements, fixes, and stale-node consequences.　　Austin capped the gas consumed while Bor processes state-sync events from L1-to-L2 bridge deposits. Those events execute contract code and precompiles,

08-29Industry

Stablecoins not credible for payments at scale, BIS chief says

The Bank for International Settlements is renewing its criticism of stablecoins, questioning their credibility as everyday money as governments worldwide build regulatory frameworks around the tokens.　　BIS General Manager Pablo Hernández de Cos, a candidate to succeed European Central Bank President Christine Lagarde next year, argued that stablecoins do not credibly function as a means of payment at scale. He said tokenized bank deposits offer a stronger alternative, Reuters reported on Friday.　　“Tokenised deposits offer a more direct path to harness tokenisation while preserving the monetary systems foundations,” de Cos said.　　The comments come as regulators worldwide grapple with stablecoin adoption, while a new study from the BIS-linked Financial Stability Institute (FSI) shows significant differences in how major markets regulate stablecoin issuers.　　Stablecoins could lower government borrowing costs　　Hernández de Cos acknowledged that stablecoins could lower government borrowing costs, an argument also made by US Treasury Secretary Scott Bessent.　　But the effect could cut both ways for consumers. If customers move bank deposits into stablecoins, banks could face higher funding costs and pass those expenses on to households and businesses through higher borrowing rates, Hernández de Cos said.　　He also pointed to limited interoperability between stablecoin platforms and difficulties consistently applying anti-money laundering controls. Growing use of

08-29Industry

XRP Price Prediction 2026: ETF Inflows, Fed Rates and Key Levels to Watch

XRP is struggling to extend its sharp August rally after one of its strongest weekly advances in years, leaving traders focused on whether institutional demand can offset a less favorable macro environment.　　The token was trading near $1.39 on Aug. 29, down roughly 2% over 24 hours, after recently testing the $1.45 area. That marks a pullback from the explosive run seen earlier in the week, when XRP gained 43.7% in seven days and led major cryptocurrencies.　　The surge was supported by stronger Korean trading activity and a run of positive U.S. ETF flows. Coinpapers coverage of the recent XRP rally showed that U.S. spot XRP ETFs attracted $77.47 million across six consecutive positive sessions through Aug. 25　　ETF Buyers Continue to Provide Support　　Institutional demand has remained visible even as momentum cooled.　　Latest ETF data show spot XRP products holding roughly $1.5 billion in assets, while separate data for Aug. 28 indicated another positive day for the category. The continued inflows suggest investors have not abandoned the trade despite XRPs retreat.　　Large financial firms are also building exposure. Goldman Sachs disclosed $86.5 million across five XRP ETFs in its second-quarter filing, adding another institutional element to the market. Coinpaper previously detailed the banks XRP holdings.　　Beyond

08-29Industry

DOT Price Prediction: Dead Zone at $0.84 — Flush to $0.81 Before Any Real Recovery

DOT is coiled in a no-mans land at $0.84 with momentum completely stalled and aggressive sell flow dominating the tape. A test of the $0.81–$0.82 support cluster is the most probable near-term pat…　　DOT is bleeding out in slow motion. A -3.78% drop in 24 hours, a trading range compressed between $0.83 and $0.88, and a price sitting roughly 26% below its 200-day moving average — this is not a chart that inspires confidence. What makes it worse is that the decline isn‘t coming with any capitulation panic; it’s a grinding, low-conviction sell-off with spot volume on Binance barely scraping $3.9M for the day. That kind of volume on a down day tells you theres no real buyer stepping in to absorb supply — just a steady drip of exits.　　Momentum has effectively flatlined. The MACD and its signal line have converged to near-zero separation, meaning neither bulls nor bears have the wheel right now. The stochastic is sitting below the midpoint and drifting lower, adding a quiet but persistent bearish lean to the short-term picture. DOT is parked right under its 7-day moving average at $0.87, which is now acting as a ceiling, while barely holding above the 20-day at $0.83.

08-29Industry

Crypto VC funding: RQD* raises $74M, Fasset gets $68M

Crypto and blockchain companies disclosed $184.1 million across eight funding rounds between Aug. 22 and Aug. 28, led by RQD* Clearings $74 million growth investment.　　Stablecoin neobank Fasset followed with a $68 million Series C that valued the company at $1 billion.　　Hivemind Digital Group and Entropy completed the next-largest raises, while five of the eight disclosed deals involved crypto market infrastructure, onchain finance, or tokenized assets.　　Funding data came from DropsTab, CryptoRank, Crypto Fundraising, and official announcements issued during the reporting period. The weekly total excludes undisclosed rounds, valuations, cumulative funding figures, acquisitions, and capital announced outside the seven-day window.　　RQD* Clearing secures $74 million growth investment　　New York-based RQD* Clearing secured a $74 million minority growth investment led by Bain Capital Tech Opportunities. ABN AMRO Clearing Bank and Nyca Partners also participated.　　RQD* provides clearing, custody, and technology services to broker-dealers, registered investment advisers, and foreign financial institutions seeking access to US markets. The company said the capital would support product development and expansion in the United States, Europe, and Asia.　　The firm also plans to build infrastructure for digital assets and tokenized securities. RQD* said it wants to help financial institutions custody blockchain-based assets and connect them with established clearing systems.　　The transaction was the

08-29Industry

Bitcoin ETFs end 9-day inflow streak as BTC dips below $78K

US-listed spot Bitcoin exchange-traded funds (ETFs) ended a nine-day inflow streak as Bitcoin fell below $78,000, while several altcoin ETF categories continued to see inflows.　　Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending nine consecutive trading sessions of inflows, according to SoSoValue data.　　The reversal followed more than $3 billion of net inflows during the nine-session run, while August flows remained positive at $3.3 billion with one US trading session left in the month. Total net assets fell to $97.6 billion after topping $100 billion on Thursday.　　Daily flows into US spot Bitcoin ETFs since Aug. 14, in USD. Source: SoSoValue　　The Bitcoin ETF reversal contrasts with continued inflows into Ether and XRP funds, while Solana ETFs have reached new asset milestones.　　ARK 21Shares leads Bitcoin ETF outflows　　The ARK 21Shares Bitcoin ETF (ARKB) led Fridays withdrawals with $114.9 million in net outflows, followed by the Bitwise Bitcoin ETF (BITB) with $49.7 million, according to Farside Investors data.　　BlackRocks iShares Bitcoin Trust ETF (IBIT), the largest US spot Bitcoin ETF by assets, recorded $33.4 million in outflows.　　US spot Bitcoin ETF flows on Friday. Source: Farside Investors　　Morgan Stanleys Bitcoin Trust (MSBT) was the only fund to record inflows Friday, adding $9.3 million.　　Ether, XRP ETFs buck

08-29Industry

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