Crypto News
Whale Accumulation Drives Dogecoin’s V-Shaped Recovery From $0.21 Lows
Dogecoin rebounded sharply from $0.21 lows, closing at $0.22 after a late-session surge in volume and aggressive whale accumulation, even as security risks from Qubic’s attack threat linger.News BackgroundDOGE has faced pressure this month after reports tied to Qubic’s potential 51% attack spooked retail traders and drove selling.Despite those risks, on-chain data shows whale cohorts accumulated more than 680 million DOGE in August, offsetting retail outflows.Broader market sentiment has been mixed, with Bitcoin and Ethereum consolidating near highs, leaving memecoins trading with outsized volatility.Price Action SummaryDOGE advanced 5% in the 24 hours ending Aug. 21, 04:00, recovering from an intraday bottom of $0.21 to close at $0.22.The token hit its session low around 13:00 UTC on Aug. 20 before reversing...
Kanye West Launches Token on Solana in Frenzied Debut
Kanye West’s YZY token made a volatile debut on Solana, soaring past $3 billion before sliding under $1 billion in hours.Source link
Bitcoin Options Traders Split Ahead of Fed’s Jackson Hole Meeting
Bitcoin remains rangebound with options data showing divergent bets as traders aim to divine Powell’s tone ahead of Friday’s Jackson Hole meeting.Source link
Nexo Launches AI Tool for Real-Time Crypto Insights and Portfolio Access
Nexo launched its new artificial intelligence (AI)-based a conversational tool designed to deliver real-time crypto insights, personalized portfolio data, and seamless product access. Privacy and Data Sources Nexo, a digital assets wealth platform, announced on Aug. 20 the launch of an artificial intelligence (AI) assistant to offer users a “conversational” experience that combines real-time insights,Source link
DBS Launches Tokenized Structured Notes on Ethereum, Expanding Investor Access
Singapore’s largest bank is extending its blockchain strategy by offering tokenized structured notes on the Ethereum public blockchain, in a move that broadens access to complex financial products once reserved for its private clients.DBS said Thursday in a release that it will distribute the instruments through local Singapore exchanges ADDX, DigiFT and HydraX, marking its first time offering tokenized products to accredited and institutional investors outside its own client base.The debut product is a crypto-linked participation note that pays out in cash when digital asset prices rise, while limiting downside exposure.Structured notes traditionally carry minimum investments of $100,000 and are often customized, making them non-fungible.By tokenizing each instrument into $1,000 units, DBS said the securities become fungible and easier to...