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Author: James Wilson
The Blockchain Association urged the U.S. Securities and Exchange Commission to rescind two provisions of Regulation NMS, arguing that rules written for conventional stock exchanges could restrict tokenized securities markets. Summary Blockchain Association urged the SEC to rescind Regulation NMS Rules 611 and 610(e) as proposed. Rule 611 prevents trades through protected quotations displaying better prices across registered U.S. trading venues. Rule 610(e) restricts national exchanges from displaying quotations that lock or cross protected markets nationwide. The Association argues existing rules can obstruct tokenized markets using automated and continuous blockchain settlement. The SEC comment deadline was August 17, while commissioners…
Printr has started closing its token launch platform and will end all operations by Aug. 31 after failing to secure the capital and distribution support needed to continue. Summary Printr will automatically unstake supported positions and claim outstanding rewards beginning Aug. 18. Users missing returned assets after Aug. 20 must contact the team through Discord before Aug. 31. The platform will not hold a token generation event or distribute an airdrop. Existing Printr-issued tokens will remain on their respective blockchains after the application closes. Printr shutdown begins with automatic unstaking Printr said in an official Aug. 17 X statement that…
Cardano price fell about 1% to $0.174 as traders weighed a two-stage Dijkstra upgrade roadmap against a bearish chart structure and nearby liquidation risks. Summary Cardano price traded near $0.174 after breaking below a rising channel on the 4-hour chart. Cardano’s Dijkstra upgrade will roll out in two phases, beginning with protocol version 12. The daily chart places immediate support at $0.1706, followed by the $0.1385 swing low. CoinGlass data shows major upside liquidation clusters between roughly $0.183 and $0.187. Cardano price action today According to data from crypto.news, Cardano (ADA) price was trading near $0.174 at the time of…
Crypto investors should not judge seed startups by recurring revenue, Truth Ventures CEO says
Truth Ventures CEO Varun Datta has urged crypto investors not to demand recurring revenue from seed-stage companies, as RootData has listed 99 crypto projects that closed, entered bankruptcy, or became inactive in 2026. Summary RootData listed 99 crypto projects as closed, bankrupt, or inactive by late July. Galaxy recorded $4 billion across 355 crypto venture deals in the first quarter. Datta said seed startups should be assessed through founder knowledge and their path to a viable business. US-based companies received 70.2% of crypto venture capital during the first quarter. RootData listed 99 crypto projects that had announced closures, entered bankruptcy,…
World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would issue USD1, manage its reserves, and provide digital asset custody across the United States. Summary World Liberty Trust must satisfy OCC requirements before it can begin banking operations. The proposed Florida-based bank would take over USD1 issuance and reserve assets from BitGo. Elizabeth Warren and nine senators have introduced legislation targeting bank ownership by presidents and their families. Lawmakers have also questioned a reported $500 million UAE-linked investment in World Liberty. World Liberty bank cannot open until conditions are met The Office of the…
Fireblocks has appointed former U.S. Securities and Exchange Commission Acting Chairman Elad Roisman as its chief regulatory and policy officer and general counsel for regulatory affairs. Summary Roisman will oversee Fireblocks’ regulatory strategy, policy engagement, and legal work involving regulation. The former SEC commissioner will act as the company’s main contact with regulators and standards bodies. Fireblocks said its platform has secured more than $14 trillion in digital asset transactions. The appointment takes effect immediately, with Roisman joining the leadership team in Washington, D.C. Roisman will lead Fireblocks’ regulatory work Fireblocks said in an Aug. 17 press release that Roisman…
Ethereum price rose nearly 2% on Aug. 17 as ETH reclaimed $1,900, while improving daily momentum and nearby short-liquidation clusters put the $2,000 level back in focus. Summary Ethereum price rose 1.95% to $1,912 after buyers defended the $1,870 area. ETH closed above its 20-day, 50-day, and 100-day moving averages. Tom Lee responded positively to the analysis placing ETH 3.5% below its daily cloud. Michaël van de Poppe sees $2,800 as possible if ETH clears $2,000. Ethereum price moves back above $1,900 According to data from crypto.news, Ethereum (ETH) price traded at $1,912 at press time, up 1.95% on the…
RIOT stock has climbed 4.7% to $19.91 after JPMorgan raised its Riot Platforms price target to $22 following the Bitcoin miner’s $9.1 billion data center agreement reportedly involving Anthropic. Summary JPMorgan raised its RIOT target from $20 to $22 and retained an Overweight rating. Riot’s 20-year data center contract is expected to generate $9.1 billion in revenue. Morgan Stanley separately increased its RIOT target from $36 to $43. RIOT faces resistance at $20.48, while its main 4-hour support sits near $18.50. JPMorgan sees momentum building at Riot Platforms On Aug. 1, JPMorgan had increased its price target for Riot Platforms…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As BTC, ETH, and XRP face heightened volatility, EX DeFi is attracting attention with a cloud mining model focused on long-term digital asset participation. Summary Bitcoin volatility is pushing investors to explore EX DeFi’s cloud mining model as an alternative way to earn from digital assets. EX DeFi is gaining attention among Bitcoin holders seeking diversified returns through cloud mining and renewable energy infrastructure. As crypto markets remain volatile, EX DeFi offers Bitcoin holders access to cloud mining without…
XRP price slipped 2.8% over the past seven days and briefly fell below the psychological $1 level as weak daily momentum, persistent capital outflows, and a broader downtrend kept buyers on the defensive. Summary XRP price declined 2.8% over seven days and traded near $1.00 on Aug. 17. Daily Bollinger Bands place immediate resistance at $1.037 and support near $0.975. Negative daily Chaikin Money Flow shows that sellers still control the broader trend. Liquidation clusters near $1.01 and $0.98 could shape XRP’s next short-term move. XRP price action today According to data from crypto.news, XRP (XRP) price was trading around…