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Ripple’s XRP token climbed to a new all-time high of $3.65 on July 18. The popular crypto hit a new peak after more than seven years. XRP’s price has fallen by more than 20% from its recent high. According to CoinGecko data, XRP is down 11% over the last week, 2.8% in the 14-day charts, and 16% over the previous month. Despite the correction, the asset has gained 0.7% in the past 24 hours and 387.7% since August 2024. Source: CoinGecko Will XRP Hit a New All-Time High After a Rate Cut in September? According to the CME FedWatch tool, there is an 81.2% chance that the Federal Reserve will cut interest rates by 25 basis points in September. A rate cut will likely lead to a surge in risky investments. Such a development could cause XRP’s price to surge. Source: CME While there is a high likelihood of an interest rate cut next month, it should be noted that the odds of a rate cut on CME’s FedWatch platform have significantly dipped over the last few days. The chances...

Shiba Inu is among the top meme coins in the cryptocurrency market, sharing the dais with Dogecoin, Floki, Pepe, and Bonk. It boasts of around 1.5 million investors who are spread across the globe and dream of it hitting 1 Cent. It’s been five years since its launch, and SHIB has managed to delete six zeroes in the indices. It was trading between nine and 10 zeroes on the year of its launch in 2020. The dog-themed token has been trading with four zeroes and is struggling to delete them for four years. Investors who took an entry position from late 2021 are all facing significant losses. Shiba Inu is hovering around the $0.000012 range on Monday and has been mostly trading sideways for three months. It has delivered little to no price spurts, and the token is testing the patience of present-day investors. However, this could be the best time to accumulate SHIB. Also Read: Are You a Shiba Inu Long-Term Investor? What To Expect by 2030 Best Time to Buy Shiba Inu Could Be Now Source: ...

The Shibarium layer-2 solution was launched in August 2023 with great pompous and grandeur in the Shiba Inu ecosystem. It was one of the biggest events in the SHIB community after being listed on the Robinhood exchange in April 2022. The sheer scale of the hype and buzz hit a peak with investors hoping the network to burn trillions of tokens. Also Read: Is $5000 In Shiba Inu Enough For You To Retire By 2035? The Shiba Inu team of developers had also informed the community that Shibarium burns will be on a larger scale. However, the burns will depend on the amount of transactions that occur on the network on a daily basis. The transaction fees will be collected on the network which will then be split into two: One is to maintain and develop the network and the other is to burn SHIB tokens. Shibarium: 1 Trillion Shiba Inu Tokens To Be Burned? Source: thecoinrepublic.com Since 22 months of its launch, Shibarium has burned only 1 billion Shiba Inu tokens up until June 2025. The scale is sm...

A crypto exchange token is defying this week’s marketwide downtrend, skyrocketing by nearly 30%. The Bitget Token (BGB) is trading at $7.37 at time of writing and is up nearly 28% in the past 24 hours and more than 70% in the past week. BGB’s gains partially materialized amid news that Bitget plans to merge the token with its other native asset, the Bitget Wallet Token (BWB). BWB, the 638th-ranked crypto asset by market cap, is down more than 4% in the past day but up nearly 45% in the past week. Bitget’s merger will unify both tokens under the BGB label. The exchange says the decision was driven by community demand. Explains Bitget chief executive Gracy Chen, “By merging BGB and BWB, we are taking a major step toward building a unified and robust ecosystem that bridges on-chain and off-chain applications. This move will enhance the utility of BGB, and ensure that every holder benefits from Bitget ecosystem growth.” Bitget says BWB holders on...

The crypto sector is currently enduring a “quiet quitting crisis,” according to a hedge fund and digital asset veteran. Quiet quitting, a term that was popularized in 2022, refers to employees who do the bare minimum level of work their jobs require and “quit” the idea of doing anything extra. Travis Kling, the founder and chief investment officer of Ikigai Asset Management, says the phrase accurately illustrates the current state of the crypto landscape. “What I’m seeing and hearing is that a meaningful swath of the crypto community is simply much less engaged than in prior years. And they are much less engaged because there is much less belief in the potential of crypto projects to solve real-world problems and gain significant adoption as a result. That was a dream that was consistently sold and bought from 2017 (the year I got in) until 2022 – ‘crypto will solve real-world problems and gain significant adoption as a result....

The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust. On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According to BitGo, “This decision was not made lightly.” The full announcement read:  “After considerable effort and work to find a path forward with Prime Trust, BitGo has made the hard decision to terminate its acquisition of Prime Trust. This decision was not made lightly and BitGo remains committed to our mission to deliver trust in digital assets.” BitGo’s deal cancellation comes merely two weeks after it shared its non-binding letter of intent to acquire Prime Trust. Although the specific details of the agreement were not disclosed, the potential acquisition between BitGo and Prime Trust was poised to provide BitGo with access to Prime Trust's payment rail...

NFT trademark filings by companies aren’t just a marketing stunt. According to a trademark lawyer, they have to use what’s in the application. Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer Michael Kondoudis said while many people may think big corporations are just jumping onto the NFT trend as a novelty, “it is not possible” to register a trademark in the United States with no intention to use it. Despite a relatively low cost for filing an application — ranging from $250 to $350 per class of goods/services — Kondoudis explained when a company submits a trademark application, it requires a sworn statement that the applicant has a “bona fide” intent to use the mark in the future for the listed products and services. He noted, however, that these applications “undergo substantive review” and may be reje...