Author: John Smith

NMR price has backtracked some of its gains following a skyrocketing rally after Numerai secured an investment from banking giant JPMorgan. Summary NMR price hit an intraday high of $19.55 after rallying roughly 142%. Numerai has secured $500 million investment from JPMorgan. At press time, the price is down from recent highs, but technical indicators remain bullish. According to data from crypto.news, Numeraire (NMR), the native token of the crowdsourced quant hedge fund Numerai, surged 142% to an intraday high of $19.55 on Aug. 27, marking its highest level since December of last year.  Today’s rally also confirmed a breakout…

Google’s new Layer1 platform faces heavy criticism from the crypto community. Dubbed GCUL, the platform is meant to facilitate cross-border payments and asset settlements through a distributed ledger. Summary Users on X criticized Google’s upcoming L1 for being a permissioned and private system. The platform plans to be more open in the future and aims to simplify cross-border payments and asset settlements through a distributed ledger. In its main blogpost, Google Cloud’s blockchain is described as a “private and permissioned system” which leverages Google’s technology. These are principles that go against the decentralized and permissionless values the crypto community is…

Rex Shares has filed with the U.S. Securities and Exchange Commission to launch the REX-Osprey BNB Staking ETF, which would allow investors to gain exposure to BNB while earning staking rewards.  Summary REX Shares and Osprey Funds filed with the SEC oto launch the REX-Osprey BNB Staking ETF. The ETF would mirror REX’s Solana Staking ETF model and aims to pass staking yield to investors as dividends. Approval could boost institutional adoption of BNB, though SEC concerns around custody and market integrity remain hurdles. The application was filed on Aug. 26, and because it is organized in accordance with the…

Republic Digital made a strategic investment in RWA firm Centrifuge via its Opportunistic Digital Assets Fund. Summary Republic Digital’s Opportunistic Digital Assets Fund invested in Centrifuge RWA firm The company’s JAAA ETF enables ordinary investors to buy in complex fixed-income products Centrifuge’s TVL grew from $120M to $1.2B in just 6 months Real world assets are continuing to capture the interest among tradFi firms. On Tuesday, August 26, Republic Digital announced a strategic investment in Centrifuge, via its Opportunistic Digital Assets Fund. Republic Digital and Centrifuge did not disclose the total value of the investment. According to Republic Digital, this…

With a fresh $15 million raise, Hemi says it’s building the alarm clock for Bitcoin’s $2.3 trillion in dormant value. The project aims to transform the world’s largest crypto asset from a static store of value into the dynamic foundation for a new DeFi ecosystem. Summary Hemi raises $15 million in growth funding ahead of its token generation event, bringing total funding to $30 million. Round led by YZi Labs, Republic Digital, and HyperChain Capital, with participation from top crypto funds. The funding aims to accelerate development of Hemi’s Bitcoin programmability layer. In a press release dated August 26, Hemi…

BitGo has announced support for HyperEVM, bringing secure access and custody for institutional users in the Hyperliquid ecosystem. Summary BitGo has expanded its custody solution to institutions participating in Hyperliquid’s HyperEVM. The platform now supports HYPE custody, self-custody and governance. BitGo said in an update that its custody solution was now live for Hyperliquid (HYPE), bringing access to HyperEVM to institutions.  The integration, BitGo noted, allows for qualified custody with institutional investors able to participate further in the leading on-chain trading ecosystem. Basically, users can tap into BitGo’s secure custody service as they interact with assets on the HyperEVM, including…

XRP price is trading above strong high-timeframe support, aligned with the 0.618 Fibonacci retracement and the 50-day moving average. This confluence reinforces its bullish market structure and continuation potential. Summary XRP trades above high time frame support at the 0.618 Fibonacci and 50-day moving average. Higher lows and higher highs signal bullish continuation potential. Bullish volume inflows are essential for sustaining a move toward a new all-time high. Ripple (XRP)’s recent price action has highlighted a significant confluence zone that is currently acting as support. This level combines high-timeframe support, Fibonacci retracement, and a dynamic moving average structure, all of…

Succinct has teamed up with Tandem, a startup studio and venture capital arm of Offchain Labs, to bring zero-knowledge proofs to the Arbitrum ecosystem. Summary Offchain Labs’ Tandem and Succinct have partnered to advance zero-knowledge proofs on Arbitrum. Succinct price recently rallied amid exchange listing The Succinct (PROVE) platform, which allows developers to tap into zero-knowledge proofs  with its zero-knowledge virtual machine SP1, said in an announcement that its exclusive one-year partnership with Tandem will focus on scaling ZK rollups on Arbitrum (ARB). The decentralized Succinct Prover Network integrates with some of the decentralized finance ecosystem’s top protocols, including Celestia,…

ADA price continues to rest on strong high-timeframe support at $0.84. This region holds multiple layers of technical confluence that reinforce the bullish market structure. Summary ADA is holding strong support at $0.84, backed by the 0.618 Fibonacci, 55 EMA, and higher-low structure. Bullish structure remains intact with consecutive higher highs and lows. Sustained volume inflows could push ADA toward $1.19 resistance in the coming sessions. Cardano (ADA)’s recent price action highlights the importance of the $0.84 level, which has become a cornerstone for maintaining bullish momentum. This region not only represents a retracement point but also aligns with broader…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts eye Little Pepe and Pudgy Penguins as meme plays that could turn $210 into a massive return. Summary LILPEPE presale hits 97.5% sold, $21.6m raised, and is now eyeing 18,000% upside post-listing. PENGU gains momentum with NFT collabs, ETF buzz, and strong chart structure. Analysts see LILPEPE + PENGU as high-upside plays vs pricey Solana, Cardano. Ever felt like the old guard — Solana and Cardano — are solid? But deep down, there’s a feeling that a real…