Verb Technology will rebrand as TON Strategy Co. after raising $558 million to create a public toncoin treasury. This positions the company as a major institutional holder of TON, leveraging its ties to Telegram's ecosystem for long-term growth.

XRP faces a critical phase, struggling to maintain momentum after hitting $3.10, now entering a corrective stage. Current support at $2.880 is crucial; breaking it could lead to deeper declines, while holding might allow a recovery towards $3.10.

Global banks are actively investing in blockchain startups and participating in the construction of digital asset infrastructure, thus achieving the transition from "old finance" to "on-chain finance." Research shows that banks' interest in blockchain technology stems from improved payment efficiency, asset tokenization, and data transparency. Large banks are gradually becoming participants in blockchain infrastructure, assuming a more important role. However, the challenges posed by tightening regulatory policies also require banks to enhance their compliance and technological capabilities. In the next five to ten years, blockchain is seen as an important component of the financial system.

XRP experienced a 4.2% decline, dropping from $3.06 to $2.93 amid high trading volume. Resistance is established at $3.04, while $2.93 has emerged as support. Continued bearish momentum is likely unless $3.00 is regained.

Recent analysis of Dogecoin indicates a bearish phase after breaking the $0.25 support. A crucial liquidity cluster near $0.20 could trigger a short-term price bounce if maintained. Key levels, including $0.196 and $0.142, will be vital for future price movements.

Cardano has launched the Glacier airdrop portal for the Midnight (NIGHT) token, allowing 33.6 million eligible addresses across multiple blockchains to claim free tokens over a 60-day period. The airdrop, targeting ADA holders primarily, emphasizes Cardano's cross-chain expansion.

Ripple wants the Senate bill to define SEC and CFTC roles more clearly to avoid legal confusion in crypto oversight.
Ripple says the bill may lead to SEC control over open networks even when no securities are being traded.
Ripple supports a rule that exempts old tokens from securities laws if

Veteran trader Peter Brandt criticizes Bitcoiners for their "hodl" mentality, labeling them as misguided and urging them to view Bitcoin as just an asset. His comments spark mixed reactions, including a response from billionaire Michael Saylor.

Written by: Ye Kai, Huaxia Digital Capital

Introduction

Today, some rumors spread: "JD Ant was rejected by the central bank to exit the stablecoin license," and then many influencers quickly deleted it, which shows a lack of intelligence. Although the Hong Kong stablecoin regulations combined with the new guidelines seem to impose many restrictions that appear to be burdensome, what is the essential logic behind it? It is more about restricting USD stablecoins, leaving room for offshore RMB stablecoins; restricting retail stablecoins, first focusing on expanding the institutional market for stablecoins.

JD Ant was rejected by the central bank, not being withdrawn from the stablecoin license, which is likely due to the rejection of the offshore RMB stablecoin. Joycoin aims to be a Hong Kong dollar stablecoin, and the offshore RMB stablecoin will likely first come from Chinese financial institutions involved in banking operations (in Hong Kong, Chinese institutions refer to central state-owned financial institutions based in Hong Kong), rather than JD Ant.

From this topic, let's talk about Hong Kong stability.

The Chinese government recently issued a severe warning, accusing foreign entities of using crypto assets as incentives to illegally collect sensitive biometric data such as iris scans from Chinese citizens, posing a significant threat to national security and personal privacy. As the combination of biometric recognition technology and crypto assets becomes increasingly prevalent, the risks associated with digital identification security and cross-border data flows are also continuously rising. This article will provide a depth analysis of the latest warnings from China's security authorities, related cases, and how the public can protect themselves.

As US dollar-backed stablecoins rapidly rise in the global crypto market, China is accelerating its pace to cautiously explore the development path for the renminbi stablecoin. Although policymakers are eager to leverage stablecoins to promote the internationalization of the renminbi and compete with the US dollar, concerns about capital outflow and Money Laundering risks have made China proceed with caution in advancing this technology. Hong Kong, as a "testing ground" for China's crypto policies, is becoming the forefront of innovation and regulation for the renminbi stablecoin.

CryptoAutos has announced that it now accepts $ICE, the native token of Ice Blockchain, for both vehicle purchases and rentals. This integration allows users to spend their $ICE tokens directly on cars, expanding the real-world utility of digital assets.
This update follows CryptoAutos’ continued p

The lending protocol Spark Finance's governance token SPK recorded an astonishing 280% rise over the past 30 days, with a single-week big pump of nearly 400% in late July ($0.036→$0.19). This round of big pump was directly driven by the staking craze: the Spark Farm stablecoin mining and Overdrive double yield lock-up position mechanism stimulated the TVL to soar from 6.3 billion to 8.18 billion USD. Although it pulled back as BTC fell below 120,000 USD, on August 4, it rebounded 31% in a single day driven by mainstream CEX CEO Brian Armstrong's shout-out and BTC's rebound. The technical indicators show a short-term buy signal, with $0.12 being a key point of differentiation between bulls and bears.

Bitcoin (BTC) recently broke through $115,000 but faced resistance and fell back to $113,000, leading to a cautious market sentiment. However, while mainstream funds are on the sidelines, some companies and institutions are seizing the opportunity to increase their holdings, and the altcoin market has quietly shown a strong rebound. This article will focus on four major altcoins that have recently displayed impressive technical trends — Litecoin (LTC), Cronos (CRO), Ethena (ENA), and Mantle (MNT), analyzing their key support and resistance levels and market potential.

The Altcoin Season Index has risen to 51, indicating a potential shift from Bitcoin dominance as Ethereum, Solana, and LINK show signs of revival. Increasing altcoin trading volumes suggest an upcoming altcoin breakout, though a full altcoin season is not yet confirmed.

The price of DOGE has recently experienced significant fluctuations, falling over 3% within 24 hours, with a weekly decline of up to 10%. As trading volume and open contracts have greatly changed, the latest liquidation chart data shows that the $0.208 area is becoming the focal point of the Bull vs Bear Battle in the market. This article will combine the latest data from CoinGlass and TheKingfisher to deeply analyze the key liquidation areas, technical formations, and potential future trends of DOGE.

Ripple's core partner SBI Holdings disclosed in its Q2 financial report that it has officially submitted applications for two innovative Crypto Assets ETFs: a pure Crypto Assets ETF (directly linked to XRP and Bitcoin) and a digital gold Crypto Assets ETF (a combination of gold ETF and Crypto Assets). This move is seen as a significant milestone for XRP's institutional recognition and regulatory acceptance in Japan and even Asia. If approved by the Japanese Financial Services Agency (FSA), it will be the first domestic XRP Spot ETF in Japan, unlocking new Liquidity for the XRP ecosystem and attracting a broader range of institutional funds to get on board.