Author: James Wilson

Super League Enterprise has raised approximately $2.23 million through its first at-the-market stock offering since announcing a deal that would turn the Nasdaq-listed company into Metaplanet’s U.S. Bitcoin treasury platform. Summary Super League sold 475,598 shares for approximately $2.23 million in gross proceeds. The company has opened another $2.27 million of capacity under the ATM program. Metaplanet plans to contribute 2,100 BTC and $2.5 million to the company. Super League is expected to become Superplanet after the transaction closes. According to an Aug. 21 prospectus amendment filed with the U.S. Securities and Exchange Commission, Super League sold 475,598 common shares…

Coinbase has brought four 1:1-backed U.S. stock products to Base, allowing eligible non-U.S. investors to trade Apple, NVIDIA, Meta and Alphabet exposure around the clock. Summary Four Coinbase tokenized stocks have launched on Base under the network’s B20 standard. Each token represents a beneficial interest in a real share held in segregated regulated custody. Eligible holders can trade the tokens or use supported products in Base-based lending and DeFi protocols. The securities remain unavailable to U.S. persons and have not been registered under the U.S. Securities Act. Base said in an Aug. 25 announcement that Coinbase Tokenized Stocks are now…

Bitcoin has climbed above Strategy’s $75,385 average purchase price after gaining roughly 24% last week, making the company’s next treasury decision a key test for the rally, according to Bitfinex analysts. Summary Bitcoin’s weekly close and retest above $73,500 could confirm the recovery, Bitfinex analysts said. Strategy held 840,447 BTC unchanged last week despite raising about $2 billion through MSTR sales. Bitfinex placed the next major Bitcoin cost-basis barrier near $86,500. Network activity remains near eight-year lows, leaving the rally dependent on sustained spot demand. Bitfinex analysts told crypto.news that Strategy’s treasury activity has become a key signal after the…

Ethereum developer Eric Conner has proposed a common status interface for tokenized assets, as onchain stocks trade continuously while the New York Stock Exchange opens for only 32.5 hours each week. Summary ERC-8392 would let contracts check market sessions, trading halts, valuation status and redemption availability. The interface separates expected stale prices during closures from delayed or failed valuation updates. Conner initially called the proposal ERC-8391, but the published discussion and draft use ERC-8392. The proposal supplies status information without deciding whether an asset is safe to trade or use as collateral. ERC-8392 separates market closures from feed failures EthHub…

Two U.S. crypto trade groups have sued three Illinois officials to stop a 0.2% digital asset tax from taking effect on Jan. 1, 2027. Summary The Blockchain Association and Crypto Council for Innovation want the court to block the tax before its 2027 start. The complaint alleges violations of the U.S. Constitution, the Illinois Constitution, and the federal Internet Tax Freedom Act. Brokers could face registration, collection, reporting, and recordkeeping duties backed by civil and criminal penalties. The Digital Chamber filed a separate lawsuit against the same tax in July. Illinois crypto tax faces six legal claims The 39-page complaint,…

CleanCore Solutions has sold substantially all of its 463 million Dogecoin holdings for about $33.4 million as it redirects capital toward AI infrastructure while a $100 million stock offering has more than doubled its outstanding share count. Summary CleanCore sold substantially all of its 463 million DOGE holdings for about $33.4 million on July 20. The proceeds were redirected toward the company’s AI infrastructure business, ending its Dogecoin treasury strategy. A $100 million stock offering increased CleanCore’s outstanding shares by about 121.9% to 502.1 million. Warrants covering another 524.2 million shares could result in additional dilution if exercised. CryptoSlate, citing…

Hyperliquid price traded near $80 on Aug. 24 after reaching a record $83.27, as rising platform fees and a 32% weekly gain kept HYPE in price discovery. Summary HYPE reached an all-time high of $83.27 before retreating toward $80. Hyperliquid generated $6.5 million in fees during a recent 24-hour period. Daily RSI reached 75.91, leaving the token overbought after its rapid advance. Liquidation data places the largest nearby liquidity cluster around $84. Hyperliquid price consolidates below its record high Hyperliquid (HYPE) price was trading at approximately $79.83 at the time of writing, down 1.15% over the previous 24 hours but…

Solana price held near $95 on Aug. 24 after gaining roughly 26% as regulatory optimism, record tokenized-asset value and active network governance votes supported the rally. Summary Solana price gained about 26% after breaking above the former $78 resistance level. SOL faces daily resistance between $97.68 and $98.44 after briefly reaching $102.88. Validators are voting on proposals covering governance, inflation, and transaction fees. Liquidation liquidity is concentrated near $96.30, with another cluster around $93. Solana price action today According to data from crypto.news, Solana (SOL) price traded at $94.71 at press time on Aug. 24. The token had risen from…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP’s volatility is driving interest in XRPPower, which promotes automated yield plans as an alternative to relying on price gains. Summary XRP’s volatile price history has renewed interest in its potential to reach $10, though market conditions will determine future gains. XRPPower promotes automated yield plans powered by AI, allowing users to participate in digital assets without relying solely on price gains. XRPPower highlights multi-layer security, automated monitoring, and transparent plan information as it expands its digital asset services.…

A cryptocurrency wallet attributed to market maker Wintermute carried approximately $190.77 million in short positions on Hyperliquid on Aug. 24, according to a snapshot published by blockchain analytics account Onchain Lens. Summary Wallet data showed $190.77 million in shorts across Hyperliquid when Onchain Lens captured its snapshot. Ethereum led the reported short book at $53.02 million, followed by Bitcoin and Solana positions. The XRP short totaled $10.19 million, representing roughly 0.28% of reported XRP open interest market. XRP traded near $1.47 after gaining approximately 47% over seven days amid elevated derivatives leverage. Wallet attribution comes from third-party labels, while Wintermute…