Author: WebDesk

Ripple’s native token XRP plunged to the day’s low of $1.03 on Monday. The leading altcoin is now just a stone’s throw from falling to $0.99. This acts as a major psychological zone where investors will begin to grow skeptical of the cryptocurrency due to its lacklustre performance. The altcoin could not maintain any of its support zones from the $3.65 level, indicating that its strength is waning.Source: CoinGeckoX Finance Bull, who is a part of the cryptocurrency community, finally admitted on X that holding on to XRP has been one of the most emotional rides for investors. “I will…

The largest crypto liquidity provider registered with FINRA on August 6. The move signals something larger than one firm’s expansion: the infrastructure that runs crypto markets is migrating onto Wall Street rails. Summary Wintermute USA LLC registered as a broker dealer with the SEC and FINRA on August 6, 2026, establishing the firm as a regulated proprietary trading entity in U.S. markets with the ability to trade equities, equity options, and exchange traded products tied to digital assets. The registration enables Wintermute to act as an authorized participant (AP) for crypto ETPs, meaning it can create and redeem ETF shares…

Trading with size requires capital. Most traders don’t have it, and that gap created an entire industry. Prop firms promise you a funded account of $10,000 to $200,000 if you can prove your skills first. Sounds like a dream setup, right?The model is older than you think. Poker players invented it decades ago, and I spent six years living inside that version of it. This guide explains what a prop firm is, how the challenges work, what the business model really looks like, and how it compares to the staking deals I did at the poker tables.What Is a Prop…

This week brings a heavy mix of inflation, consumer and energy data that could influence risk assets and crypto prices. Bitcoin is approaching a key resistance zone, while XRP and Ethereum analysts are watching different technical setups. Here’s what could matter most for the market.Crypto This WeekThe week is packed with economic releases, with inflation data likely to be the biggest catalyst:Key Events This Week:1. July Existing Home Sales data – Tuesday2. OPEC Monthly Report – Wednesday3. July CPI Inflation data – Wednesday4. July PPI Inflation data – Thursday5. July Retail Sales data – Friday6. August MI Consumer Sentiment data…

Key TakeawaysStaff say the bill would not stop Trump’s next $1.4 billion in crypto profits.Investor advocates and five major labor groups warn of securities-law gaps.A cloture vote on the motion to proceed is set for Sept. 15. Minority Staff Fault the Bill on Five Counts The Minority Staff of the Senate Banking, Housing, and Urban Affairs Committee, led by ranking member U.S. Senator Elizabeth Warren (D-MA), reviewed the July 22 text of the Digital Asset Market Clarity Act. The result was an Aug. 5 analysis identifying five major loopholes in the CLARITY Act. The CLARITY Act, H.R. 3633, is digital…

Key TakeawaysSenate delays CLARITY Act vote to September, raising odds crypto rules stall through Trump’s term.Bitcoin Red Team found 4,962 flaws, pushing 390 projects toward AI-driven security audits.Circle hit $701M Q2 revenue; Arc may boost USDC share as prediction markets eye U.S. midterms. WEEK IN REVIEW Thune Delays CLARITY Act Vote to September Amid Senate Deadlock The decision comes after Majority Leader John Thune stressed that Democrats insisted on no vote as they still consider that the CLARITY Act needs work regarding the ethics provision. Editor’s comment: A failed vote before the recess makes CLARITY unlikely for the remainder of…

Bitcoin’s BIP-110 split widened further on Aug. 9, with the enforcing branch still unable to produce a third block hours after mandatory signaling began.  Summary BIP-110 remains frozen at block 961,633 while Bitcoin’s main chain has advanced through block 961,744. Current-period signaling stands at zero among 113 main-chain blocks mined since mandatory signaling began Saturday. OCEAN reports 257 PH/s on its BIP-110 endpoint, with no new block for 17 hours. Roughnecks mined both BIP-110 blocks using OCEAN’s DATUM system at Bitcoin’s 127.48 trillion difficulty level. Saylor estimates 99.85% of hashpower rejected the fork, though that figure remains his own calculation.…

Russia’s Federal Security Service (FSB), in cooperation with the Russian Ministry of Internal Affairs, has arrested more than 20 people in August 7 raids targeting unlicensed cryptocurrency exchange points in the Moscow City financial district. Authorities accuse these facilities of being part of a money-laundering network for phone scams, in which stolen cash was converted into crypto to be moved out of Russia.FSB Targets Moscow City Crypto ExchangesAccording to the FSB, the operation targeted nine “unauthorized financial channels” operating out of crypto exchange offices in Moscow City, the largest financial complex in the Russian capital. These facilities are accused of…

XRP Ledger developers have retired five long active protocol amendments in xrpld version 3.3.0, but the move does not remove their features or require XRP holders to take action. Summary XRPL 3.3.0 retires five long-active amendments, making their post-activation behavior permanent within the core protocol. Clawback remains available after retirement because only obsolete pre-amendment code is removed from xrpld software. XRPL documentation allows amendment retirement after two years of Mainnet activation to reduce legacy complexity. Six new amendments entered version 3.3.0, but each still requires validator approval before Mainnet activation. Node operators should upgrade to version 3.3.0 promptly, while users…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Wintermute USA is now a registered SEC broker-dealer and FINRA member. The approval enables proprietary trading in U.S. equities and options. The firm can act as an authorized participant for eligible ETFs. Wintermute is positioning itself for the growth of tokenized securities. Wintermute has reached a significant regulatory milestone in the United States after its American subsidiary obtained broker-dealer registration with the Securities and Exchange Commission (SEC) and membership in the Financial Industry Regulatory Authority (FINRA). The approval expands the firm’s regulated activities beyond digital…