Crypto News
CrediX Team Vanishes as Stability DAO Preps ‘Legal Report’
The project is no longer present online.Source link
Nasdaq-Traded Verb Closes $558M Placement for Toncoin Treasury Strategy
Verb Technology Company Inc. explained it has wrapped up a $558 million private placement to launch what it says will be the first publicly traded firm dedicated to holding toncoin (TON) as a treasury reserve asset. Kingsway-Backed Verb Raises $558M for Toncoin Treasury The deal, which was oversubscribed and carried out in partnership with KingswaySource link
Aptos’ APT Rises 7% as Bulls Take Control
Aptos' APT registered a 7% surge during the last 24 hours, advancing from $4.34 to $4.62, according to CoinDesk Research's technical analysis model.The model showed that Aptos demonstrated considerable bullish momentum throughout the preceding 24-hour period.The most significant price action materialised during the nocturnal hours extending into the early morning of August 8, wherein exceptional volume surges exceeding 12.9 million units propelled the asset through successive resistance levels, establishing fresh support foundations within the $4.61-$4.66 corridor, according to the model. Resistance has emerged at $4.72Aptos has surpassed Solana and Stellar in real-world asset (RWA) tokenization, securing third position globally with more than $719 million in RWA total value locked.The rally in APT came as the wider crypto market also rose,...
NEAR Rises 2% as Institutional Traders Drive Volume Amid Volatile Swings
NEAR Protocol rose 1.93% in the 24 hours to 15:00 UTC on Aug. 8, moving from $2.59 to $2.64. The token traded between $2.54 and $2.71, a 6.84% range that industry executives say highlights ongoing structural weaknesses in crypto markets and the need for clearer regulation. “These volatile trading patterns highlight the need for more robust market infrastructure and clearer regulatory frameworks,” said a senior executive at a major digital asset trading firm.Institutional flows drove much of the activity, with volume surging to 18.9 million units. Analysts pointed to the $2.62 to $2.66 zone as a focus for corporate treasuries and hedge funds. A sharp rejection at $2.67, accompanied by more than 120,000 units sold in four minutes, reflected algorithmic...
XRP Army Celebrates Being on ‘Right Side of History’ as SEC’s Ripple Lawsuit Ends
The SEC suing Ripple in 2020 prompted the XRP Army to mobilize, and now it's stronger than ever and celebrating its victory.Source link