Kanye West launches crypto meme coin hits $3 billion market cap

Ye, formerly known as Kanye West, has launched his own cryptocurrency, Yeezy Money (YZY), on the Solana ( SOL ) blockchain. Posting on X , the rapper described the project as “A NEW ECONOMY, BUILT ON CHAIN,” sharing a contract address as well as a link to its official website. The token sparked doubts among fans, given that Ye was against the idea of creating his own crypto in February, when he said he didn’t want to exploit fans after allegedly receiving a $2 million offer to scam his community. Despite skepticism, Yeezy Money is featured on the musician’s official website and online store, suggesting the project is genuine. Yeeze Money is here. Source: @kanyewest Ye faces insider trading accusations YZY experienced extreme volatility at launch, briefly hitting a $3 billion market cap within 40 minutes before dropping to around $1.05 billion. At the same time, significant insider activity was flagged, with multiple wallets buying in at launch, one of them reportedly gaining more than $1.5 million in early trades according to on-chain analytics platform Lookonchain . Concerns deepened after Coinbase director Conor Grogan noted that 94% of the token supply was initially concentrated among insiders, with a single multisig wallet controlling 87% before distribution. Now, the bubble map of YZY appears to mostly match the distribution on Ye’s website, with each vested allocation split across five addresses. JUST IN: 🇺🇸 The bubble map of $YZY mostly MATCHES the distribution on Kanye's website pic.twitter.com/LGfo227ai7 — Bubblemaps (@bubblemaps) August 21, 2025 In spite of all the controversy, the project has drawn some high-profile traders, including BitMEX co-founder Arthur Hayes and high-stakes crypto whale James Wynn. Featured image via Shutterstock The post Kanye West launches crypto meme coin hits $3 billion market cap appeared first on Finbold .

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Dogecoin Could See Up to 40% From Triangle Breakout as Grayscale DOGE ETF Filing Boosts Sentiment

Dogecoin is consolidating in a symmetrical triangle near $0.21 and, according to analysts, is positioned for a potential 40% breakout toward $0.30 if it clears critical Fibonacci resistance—ETF filings and

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Pardoned Bitcoin Billionaire Arthur Hayes May Take Board Seat, Major Stake in Stem Cell Firm Where He Has Been a Patient

Arthur Hayes, newly pardoned, has joined the board and acquired a major stake in a private stem cell company where he has been a long-term patient; his move links crypto

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Arthur Hayes shifts focus to longevity after Trump pardon, invests in stem cell venture

Arthur Hayes, freshly pardoned by US President Donald Trump, has taken a board seat and major stake in a stem cell company where he’s also been a patient.

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XRP Army on Alert as Another Key Indicator Flashes Green

TL;DR Ripple’s native token has suffered quite a bit following its all-time high last month, but the number of indicators suggesting that the price is about to explode continues to grow. The asset also closed bullish against BTC yesterday, which could be another catalyst for future gains, especially if bitcoin’s dominance continues to decline. XRPUSD. Source: TradingView In our article from yesterday, we reported that the TD Sequential metric, which showcases whether a market move has reached a point of exhaustion in either direction and is ready for a reversal, had painted a buy signal. The indicator previously nailed XRP’s top, which came in mid-July when it exploded to a new ATH of $3.65. Today’s good news for the XRP Army comes from the same metric, but on a lower timeframe. Ali Martinez, who often bases his analysis on the TD Sequential, noted this time that the hourly chart has presented a buy signal as well. $XRP looks ready to rebound as the TD Sequential prints a buy on the hourly chart! pic.twitter.com/jTNQZzU8EX — Ali (@ali_charts) August 21, 2025 XRP’s price dipped to a three-week low yesterday of $2.81 (on Bitstamp) after it recently lost the coveted $3.00 support line . Although there were signs that the asset could fall to as low as $2.10 if this correction continues, Martinez now seems confident that Ripple’s token has reversed its trajectory. CRYPTOWZRD also touched upon XRP’s most recent price moves. However, the analyst focused on the asset’s performance against BTC instead of the greenback, noting that XRP actually closed bullish compared to the market leader. They added that Ripple’s cross-border payments token should see “further upside momentum” against bitcoin, especially as the latter’s dominance continues to decline. The metric lost 0.5% in just one day on CoinGecko, going from 57.9% to 57.4%. However, CRYPTOWZRD also outlined the significance of the $3.02 level, which used to serve as solid support and has now turned into a resistance line XRP has to overcome in order to resume its rally. XRP Daily Technical Outlook: $XRP and XRPBTC closed bullish. We should see further upside momentum in XRPBTC as BTC.D declines. My focus will be on the lower time frame to get a quick scalp. Holding above the $3.0200 resistance for a while is a long location pic.twitter.com/eV0aBSH0Kk — CRYPTOWZRD (@cryptoWZRD_) August 21, 2025 The post XRP Army on Alert as Another Key Indicator Flashes Green appeared first on CryptoPotato .

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October Could Be Pivotal for XRP as SEC ETF Ruling and OCC Bank License Decisions Converge

XRP October could be decisive: simultaneous SEC rulings on spot XRP ETF applications and the OCC decision on Ripple’s national bank license are both due in October 2025, potentially reshaping

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Ethereum Dominates Corporate Reserves as Interest Soars

69 companies together hold over 4.1 million ETH, worth $17.6 billion. Corporate ETH holdings represent 3.39% of supply, indicating significant market influence. Continue Reading: Ethereum Dominates Corporate Reserves as Interest Soars The post Ethereum Dominates Corporate Reserves as Interest Soars appeared first on COINTURK NEWS .

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What Happened to MAG’s $500M Tokenization Deal with Mantra?

In July 2024, MAG Group announced a $500 million tokenization pilot with blockchain platform Mantra , aiming to bring Dubai’s luxury real estate on-chain. The plan turned heads across both crypto and property markets, promising high-yield vaults targeting 8% APY, boosted by $OM token incentives, and a showpiece property — a $75 million Ritz-Carlton mansion — designed to symbolize the dawn of a new era. For months, Mantra rode a wave of publicity. Panels, interviews, and headlines framed the partnership as the start of “democratized” real estate investing. But as 2025 began, reality looked less dramatic. The vaults never materialized, the Ritz-Carlton remained off-chain, and updates grew fewer. By spring, the once-hyped project seemed stalled. Industry chatter pointed to hurdles: complex regulatory requirements, an overly retail-focused approach, and possible strategic friction with MAG itself. The pioneering announcement had given Mantra visibility, but visibility alone wasn’t enough to sustain momentum. This May, MAG surprised the market with a new declaration: the $500 million pilot had been replaced by a $10 billion mandate, this time powered by Mavryk Network and backed by Multibank . The same Ritz-Carlton mansion that once headlined Mantra’s deal was back — only now part of a vastly larger portfolio including landmark developments like The Ritz-Carlton Residences and Keturah Reserve. What began as a $500 million experiment is now a $10 billion transformation. In the words of MAG’s leadership, Mavryk is “the clear leader in real estate tokenization” and has been appointed as MAG’s exclusive blockchain partner in the GCC. While Mantra positioned itself with retail-style products and token rewards, Mavryk’s approach has been institutional from the start. Its purpose-built Layer 1 blockchain provides the compliance, scalability, and security needed for multi-billion-dollar transactions. Paired with Multibank’s upcoming RWA Exchange, Mavryk offers not just tokenization, but a functioning ecosystem for trading, lending, and borrowing against real estate assets. That kind of infrastructure appealed to MAG, which needed more than a marketing narrative — it needed a partner who could deliver. With $10 billion in assets moving on-chain , Mavryk and MAG now account for roughly half of the global RWA tokenization market. The leap from a $500 million pilot to a $10 billion commitment represents not just growth but confidence — a 20x increase in deal flow that signals institutional trust in Mavryk’s capabilities. This isn’t simply about flashy properties. It’s about liquidity, compliance, and investor access. Through MultiBank.io, assets will trade on a regulated platform, enabling capital markets to interact with tokenized real estate in ways that were promised but never realized under Mantra. Industry observers note that Mantra’s original deal was important in opening the conversation. It proved that developers like MAG were serious about blockchain adoption. But without execution, the vision remained theory. Mavryk’s arrival changes the equation. By taking over the same properties Mantra once promised to tokenize — and scaling that promise twentyfold — Mavryk is positioned to deliver where its predecessor could not. The baton has been passed, but the race is far from over. For investors, this moment marks the shift from “what if” to “what’s next.” With MAG and Multibank backing Mavryk, the $10 billion initiative could set a global benchmark for how real-world assets are brought to blockchain. The story of Mantra is not one of total failure, but of groundwork laid and lessons learned. The story of Mavryk is about execution — and about transforming those lessons into the largest real estate tokenization deal in history. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Harvard Economist Who Predicted Horrendous Bitcoin Crash To $100 Admits He Was Wrong

A Harvard economist who once forecasted that Bitcoin was more likely to sink to $100 than ever smash $100k, has admitted that he made a wrong call.

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DBS expands crypto offerings with tokenized structured notes on Ethereum

DBS Bank launched tokenized structured notes on Ethereum, expanding access to crypto-linked investment products for accredited and institutional investors.

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