Trump-Tied Thumzup Raises $50M, Merges Dogecoin Mining With XRP Plans
According to a shareholder letter, Thumzup Media completed a $50 million common stock offering at $10 per share and laid out a two-part plan: expand into Dogecoin mining and put selected cryptocurrencies into a corporate treasury. Thumzup Raises $50 Million The new cash will help fund a pending acquisition of Dogehash Technologies, a deal that…
Africa Becomes Ripple’s Next Battleground For RLUSD Stablecoin
Reports have disclosed that Ripple has moved to introduce its US dollar–backed stablecoin, RLUSD, into African markets through deals with established regional fintech firms. The token, which debuted in late 2024, now has a market capitalization of close to $710 million. That figure matters because it signals real capital backing the push, even if the…
MemeCore Explodes 3,800% For ATH — But Is A Collapse Around The Corner?
MemeCore’s native token M has raced from near-zero to headline-making highs in a matter of weeks, drawing both excitement and sharp warnings from market watchers. MemeCore’s Meteoric Rise According to reports, M hit a fresh all-time high of $1.69 Friday before easing back to $1.60, while 24-hour volume climbed past $53 million. At the time…
20 Million New SUI Tokens Push Treasury To New High – Details
SUI Group Holdings moved again in the market, adding 20 million SUI to its holdings and lifting its total to about 102 million tokens, a stash worth roughly $344 million at current prices. The Minnesota-based company, which trades on Nasdaq under the ticker SUIG, bought the tokens through an arrangement tied to the Sui Foundation,…
XRP ETF Launch Could See $5B Inflows, Outpacing Ethereum ETFs: CEO
Optimism is running high among supporters of XRP as Canary Capital CEO Steve McClurg claimed that the long-awaited XRP spot ETFs could see inflows of $5 billion in their first month. His comments, shared during a Friday interview, highlighted his belief that the funds would even outperform Ethereum ETFs, which have so far struggled to…
XRP Price Enters Consolidation Before Next Major Breakout Move
XRP’s price action in the past few days has been characterized by consolidation below the $3 price level. This level, which had acted as support for most of August, was broken to the downside on August 28, and XRP is now trading at the $2.8 price zone. Technical analysis shows that the current sideways action…
ETH And BTC ETFs Reverse Gains With $291M In Outflows Ahead Of New Week
US-based crypto ETFs have witnessed a change in dynamics in August, which has seen inflows tipping towards Ethereum ETFs. However, last week’s trend of strong inflows ended with substantial outflows on Friday, with Ethereum ETFs leading the retreat with $164.64 million and Bitcoin ETFs following with $126.64 million. This sudden reversal coincides with an interesting…
XRP Price Could See Boost As Japanese Gaming Giant Commits 2.5-B Yen Investment
Japan’s Gumi Inc., known in the gaming sector, is moving deeper into crypto by planning a major purchase of XRP. The company said it will acquire 2.5 billion yen, or close to $17 million, worth of the token as part of its blockchain push. Accumulation Over Several Months According to a press release, the acquisition…
Analyst Says XRP Price Is Yet To Hit Its First Bearish Target – Details
XRP has been facing a stretch of weakness in recent days, struggling to hold above the $3.00 mark and instead pushing downwards below it. Price action on the 4-hour chart shows the token moving within a downward structure, and it broke below $2.9 in the past 24 hours. It is within this context that crypto…
Cardano Price To Rise 300% To $4? Analyst Reveals When
The Cardano price action is back on analysts’ radar, with new bold predictions pointing to a potential rally of more than 300% to a $4 all-time high. Despite struggling to keep pace with other altcoins during this bull cycle, ADA is now sparking renewed discussions across the crypto community as experts weigh in on this…