Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services

The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed.Source

Crypto Investors Can Now Trade XRP Options on BIT Exchange

Options allow investors to hedge bullish/bearish risks and generate additional income on top of their spot market holdings.Source

Genesis, FTX Strike Deal for $175M Bankruptcy Claim

Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter.Source

Blockchain-Harnessing AI Project Jada Receives $25M in Capital

The project’s aim is to offer AI services that aid decision-making for organizations and scale up their operations.Source

Bitcoin’s 2023 Bullish Trendline in Focus as Traders Search for Directional Clues

A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.Source

Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump

One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.Source

Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly

Two-thirds of leverage funds’ positions are short, one observer said, noting the bearish bias of sophisticated traders.Source

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender.Source

Trump Owns Even More Crypto Than First Known, New Documents Show

The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal.Source

How PayPal Upended the Crypto Debate in Washington D.C.

The fintech giant’s PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo.Source