Litecoin's bullish moves could face key obstacles on the chart.
The governor submitted her letter of resignation to U.S. President Donald Trump on Friday and will leave the central bank effective Aug. 8. Fed Leadership Shuffle Looms After Surprise Kugler Resignation Federal Reserve Governor Adriana Kugler has parted ways with the central bank just shy of her two-year anniversary with the agency, after handing U.S.
The blockchain abstraction layer continues to close the gap between traditional and DLT markets. This latest feature will bring tokenized US equities and ETFs to the blockchain, making access to these assets easier and available around the clock. Advancing The Tokenization Market Chainlink, a bridge between real-world data and blockchain, shared yesterday about a flagship product – Data Streams for the US Equity and ETF market. Several DeFi protocols are already on board, such as GMX, GMX Solana, and Kamino. Already integrated into leading equities and exchange-traded funds (ETFs), the Data Streams provide real-time pricing for traditional finance (TradFi) assets, including CRCL, QQQ, NVDA, MSFT, and many more, across 37 blockchain networks. Developers can now access live, contextual data for these markets directly on-chain, enabling tokenized stock trading, perpetual futures, and synthetic ETFs, all backed by institutional dependability. The advancement also brings a roster of novel features, such as market hours enforcement, staleness detection, and high-frequency pricing. “With Chainlink Data Streams’ fast, reliable, and context-rich market data, production-ready tokenized financial products tied to U.S. equities and ETFs can now be launched directly on-chain. This represents a significant leap forward for tokenized markets, closing a critical gap between traditional finance and blockchain infrastructure. We’re excited to be collaborating with Kamino and GMX, two forward-thinking DeFi teams whose work continues to accelerate the convergence of TradFi and DeFi.” – Johann Eid, Chief Business Officer at Chainlink Labs. To establish a reliable on-chain exchange for these assets would require fast and high-integrity market data. Crypto markets operate 24/7, whereas traditional ones do not, and they can additionally suffer from occasional interference, which poses a challenge for non-stop, decentralized applications (DApps). This can include price gaps, inaccuracies in off-market data, and outages. How Will it Work Chainlink Data Streams will aggregate input from multiple primary and backup data sources, thereby enhancing uptime and reliability. This aggregated data will then be processed by decentralized oracle networks (DONs) and transmitted on-chain via a structured schema. Source: Chainlink Each data point will be timestamped, allowing protocols to identify the differences between current and historical prices, pause automatically during market off-hours, and implement real-time risk management. Source: Chainlink This data schema is designed for advanced DeFi composability, as it provides structured pricing that aids in accurate liquidations, trade halts, strategy adjustments, and collateral valuation. It will also be able to distinguish between real-world prices taken from traditional, open markets and prices of tokenized stocks available 24/7. This can open the door for arbitrage opportunities and risk management strategies. Some use cases for the products enabled by the Data Streams are perpetuals, lending/borrowing, vault protocols, brokerage platforms, and more. The post Chainlink Connects Wall Street to Blockchain With Live US Equity and ETF Data appeared first on CryptoPotato .
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Coinbase has introduced
The developer tool offers customizable wallets, USDC rewards and deeper integration with Coinbase’s Base app, aligning with recent pro-crypto legislation.
BitcoinWorld CZ FTX Lawsuit: Crucial Challenge to $1.76 Billion Clawback The cryptocurrency world is buzzing with the latest development in a high-profile legal saga. Former Binance CEO Changpeng Zhao, widely known as CZ, has made a significant move to dismiss a staggering $1.76 billion FTX clawback lawsuit . This legal challenge, stemming from a 2021 share repurchase, adds another layer of complexity to the ongoing aftermath of FTX’s collapse. The CZ FTX lawsuit is certainly one to watch closely. Understanding the FTX Clawback Suit What exactly is this FTX clawback all about? The FTX estate, currently navigating bankruptcy proceedings, initiated this lawsuit to recover funds it believes were improperly transferred before its dramatic downfall. Specifically, the $1.76 billion claim targets a share repurchase agreement from 2021 involving CZ and Binance. This action is part of a broader effort by FTX’s new management to reclaim assets for creditors. Clawback suits are common in bankruptcy cases. They aim to reverse transactions made shortly before a company declares insolvency. The idea is to ensure fair distribution of remaining assets among creditors. However, the sheer scale and the high-profile individuals involved make this particular FTX clawback a landmark case in the crypto space. Why is Changpeng Zhao Seeking Dismissal? Changpeng Zhao isn’t taking this lawsuit lightly. He has formally requested a Delaware bankruptcy court to dismiss the action against him. His arguments are quite specific and center on legal technicalities, aiming to challenge the very foundation of the lawsuit’s jurisdiction. Let’s break down his key points: Lack of Jurisdiction: CZ argues that the Delaware court lacks the authority to hear the case against him personally. He cites his residency in the United Arab Emirates (UAE) as a primary reason, suggesting he is outside the court’s reach. Nominal Counterparty: He contends that he was merely a “nominal counterparty” in the 2021 share repurchase. This implies he wasn’t the principal beneficiary or a central figure in the transaction, thus reducing his direct liability. These arguments highlight a crucial aspect of international legal disputes, especially when they involve global figures and digital assets. The outcome of CZ’s dismissal plea could set precedents for future cross-border crypto-related litigation. This development is a critical turn in the ongoing Binance lawsuit narrative. The Binance Stance on the Clawback Allegations Binance, the cryptocurrency exchange founded by CZ, has also weighed in on the allegations. The company has publicly labeled the claims made in the FTX clawback lawsuit as “nonsensical.” This strong stance indicates their firm intention to vigorously contest the suit. This ongoing legal challenge contributes to the broader narrative around the Binance lawsuit landscape. Binance’s commitment to fighting these allegations suggests a belief that the lawsuit lacks merit or is based on flawed interpretations of the 2021 transaction. Their legal team is undoubtedly preparing a robust defense. The involvement of such a major industry player like Binance underscores the significance of this particular crypto legal battle . Implications for the Crypto Legal Battle The CZ FTX lawsuit has far-reaching implications beyond just the involved parties. It represents a significant moment in the broader crypto legal battle landscape. As regulatory scrutiny intensifies globally, how courts handle complex cross-border crypto transactions and bankruptcy proceedings will shape the future of the industry. This case could: Clarify Jurisdictional Boundaries: It might help define where and how individuals and entities involved in global crypto transactions can be sued. Impact Future Clawback Efforts: A successful dismissal by CZ could make it harder for other bankrupt crypto entities to recover funds from international parties. Influence Regulatory Approaches: The legal outcome may prompt regulators to establish clearer guidelines for international crypto operations and asset transfers. The outcome will certainly be closely watched by exchanges, investors, and legal experts alike, as it could set a precedent for how the crypto industry navigates complex financial and legal challenges. What’s Next in This High-Stakes Legal Drama? The path forward for the FTX clawback suit against Changpeng Zhao is now in the hands of the Delaware bankruptcy court. The court will consider CZ’s motion to dismiss, taking into account his jurisdictional arguments and the nature of his involvement in the 2021 transaction. This process could involve further legal filings, hearings, and potentially, extensive discovery if the dismissal is denied. Regardless of the immediate outcome of the dismissal motion, this legal saga highlights the ongoing challenges faced by the crypto industry. It underscores the importance of clear legal frameworks and accountability, especially as the sector matures. Keeping an eye on this developing situation will provide valuable insights into the evolving legal landscape of digital assets. Summary: Former Binance CEO Changpeng Zhao is fighting a $1.76 billion FTX clawback lawsuit, arguing lack of jurisdiction and nominal involvement in a 2021 share repurchase. Binance calls the claims “nonsensical.” This high-stakes CZ FTX lawsuit is a crucial test for international crypto legal battles, with its outcome potentially setting significant precedents for future cases involving global crypto entities and bankruptcy proceedings. FAQs Q1: What is the CZ FTX lawsuit about? A1: The CZ FTX lawsuit involves the FTX estate seeking to claw back $1.76 billion from former Binance CEO Changpeng Zhao (CZ) related to a 2021 share repurchase agreement, as part of FTX’s bankruptcy proceedings. Q2: Why is CZ seeking to dismiss the FTX clawback suit? A2: Changpeng Zhao is seeking dismissal primarily on grounds of lack of jurisdiction, citing his UAE residency, and arguing he was only a “nominal counterparty” in the transaction. Q3: What does “clawback” mean in this context? A3: In bankruptcy, a “clawback” is a legal action to recover funds or assets transferred by a company shortly before it declared bankruptcy, aiming to ensure fair distribution to creditors. Q4: How has Binance reacted to the FTX clawback allegations? A4: Binance has publicly stated that the allegations in the FTX clawback lawsuit are “nonsensical” and has committed to contesting them vigorously. This contributes to the broader Binance lawsuit narrative. Q5: What are the broader implications of this crypto legal battle? A5: This crypto legal battle could set important precedents regarding international jurisdiction in crypto cases, influence future clawback efforts, and potentially shape regulatory approaches to global crypto operations. Did you find this analysis of the CZ FTX lawsuit insightful? Share this article with your friends and colleagues on social media to keep them informed about the latest developments in the crypto legal landscape! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post CZ FTX Lawsuit: Crucial Challenge to $1.76 Billion Clawback first appeared on BitcoinWorld and is written by Editorial Team
Key takeaways The CRO price prediction for 2025 shows it will reach a maximum level of $0.1765 and an average price of $0.. By 2028, CRO could reach a maximum value of $0.5983, with an average trading price of $0.5108. Cronos is expected to reach a maximum level of $1.95 in 2031. Cronos (CRO) is the native cryptocurrency token of the Crypto.com chain, a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. CRO aims to power the next generation of decentralized crypto assets and applications and enable real-time, low-cost transactions globally. Cronos cross-bridge mainnet beta suggests a bright future for CRO. This feature aims to improve interoperability between significant blockchain ecosystems, potentially increasing CRO’s attractiveness to developers and users. CRO’s recent performance reflects robust market sentiment and confidence. These factors combined present Cronos as a compelling investment opportunity within the dynamic cryptocurrency market. Eminem’s involvement comes when Crypto.com has been actively expanding its visibility through various high-profile partnerships, such as with actor Matt Damon and major sports teams. In this Cronos price prediction, we’ll explore the future market trends of CRO price and its current price momentum using in-depth technical analysis and a price prediction model. Overview Cryptocurrency Cronos Token CRO Price $0.134 (-3.54%) Market Capitalization $4.78B Trading Volume (24-hour) $57.37M Circulating Supply 32.35B CRO All-time High $0.9698 Nov 24, 2021 All-time Low $0.01149 Dec 17, 2018 24-h High $0.137 24-h Low $0.133 Cronos Price Prediction: Technical Analysis Metric Value Price Volatility (30-day variation) 15.80% 50-Day SMA $ 0.104425 14-Day RSI 62.84 Sentiment Bullish Green Days 60(Greed) 200-Day SMA 21/30 (70%) Price Prediction $ 0.146674 (5.35%) Cronos price analysis: CRO price dips to $0.1340 amid bearish sentiment Resistance at $0.1415 remains firm, limiting CRO’s upside across all timeframes. Support at $0.1339 is weakening, and a break below could lead to further losses. The downtrend is intact, with lower highs and lows confirming continued bearish control. On August 5, 2025, Cronos (CRO) is trading at $0.1340, reflecting a 3.54% drop over the past 24 hours. The price has shown a consistent downtrend throughout the trading session, with key resistance observed at $0.1415 and immediate support holding at $0.1339. The bearish momentum is evident in the red-dominated daily chart, which shows that selling pressure continues to weigh on CRO. The token is currently down 86.12% from its all-time high of $0.9698, recorded on November 24, 2021. Cronos 1-day price chart: CRO sellers in control as price tests critical support The 1-day chart shows a clear downtrend, with CRO failing to break resistance at $0.1415 after opening near $0.1395. The price reversed sharply, dipping below $0.136, and is now hovering near key support at $0.1339. CRO/USDT Chart By TradingView CRO trades below short-term moving averages, confirming bearish sentiment. RSI is low, showing weak momentum, and the market structure remains bearish with lower highs and lows. A close below $0.1339 could trigger deeper losses, while recovery hinges on reclaiming $0.1415. Cronos 4-hour price chart: CRO failed breakouts keep bulls on the sidelines During the 4-hour timeframe, CRO continues to struggle below the $0.1400 mark and faces repeated rejections. Minor recoveries are being capped swiftly, with no candle closures sustaining above resistance. CRO/USDT Chart By TradingView Momentum indicators remain weak, and the price structure favors continuing the downtrend. A decisive break above $0.1415 is needed to shift the short-term outlook to bullish. Cronos technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.1175 BUY SMA 5 $ 0.1274 BUY SMA 10 $ 0.1368 BUY SMA 21 $ 0.1267 BUY SMA 50 $ 0.1044 BUY SMA 100 $ 0.1018 BUY SMA 200 $ 0.0943 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.1215 BUY EMA 5 $ 0.1133 BUY EMA 10 $ 0.1046 BUY EMA 21 $ 0.0986 BUY EMA 50 $ 0.0959 BUY EMA 100 $ 0.102 BUY EMA 200 $ 0.102 BUY What to expect from Cronos? With CRO trading at $0.1340 and showing sustained bearish momentum, the outlook remains weak unless key resistance at $0.1415 is reclaimed. The persistent inability to break above this level on both daily and 4-hour charts suggests bulls lack control in the current market environment. If the $0.1339 support breaks decisively, the next leg down could open, pushing CRO toward new local lows. Price action continues to favor sellers, and any upside will likely face strong headwinds unless a strong breakout occurs above resistance. Until then, CRO is expected to remain under pressure with downside risk prevailing in the near term. Is Cronos a good investment? From a short-term technical perspective, Cronos (CRO) is currently not showing signs of strength. The price remains locked in a downtrend, with resistance at $0.1415 limiting any meaningful upside, and immediate support at $0.1339 under pressure. The consistent lower highs and failure to hold above key levels suggest bearish market control, which may deter short-term traders and momentum investors. However, long-term investment decisions should not rely solely on current price action. Factors such as Cronos’ ecosystem development, adoption of Cronos Chain, partnerships, and broader market conditions must be evaluated. While the token is down 86.12% from its all-time high, which may appear attractive from a value standpoint, timing entries in a bearish trend carries significant risk. Investors should exercise caution, consider fundamental developments, and monitor for a confirmed trend reversal before positioning. Why Is Cronos (CRO) down Today? Cronos (CRO) is down 3.54% today, trading at $0.1340, as ongoing selling pressure dominates both intraday and broader trend patterns. The decline is part of a sustained downtrend, with the price failing to break above the key resistance level at $0.1415, and now hovering just above fragile support at $0.1339. The drop reflects broader market uncertainty, technical weakness, and a lack of bullish momentum. Despite ecosystem activity around Cronos Chain, investor sentiment remains cautious. Repeated rejections at resistance and inability to maintain gains have reinforced bearish control, leading to today’s price dip. Will Cronos reach $0.5? Based on long-term forecasts, Cronos (CRO) is projected to reach $0.5 by 2028 as its ecosystem and user adoption continue to grow. Will Cronos reach $1? Projections for Cronos estimate it could reach $1 by 2030, driven by its expansion in DeFi, NFT integrations, and partnerships. Will Cronos reach $100? It is unlikely that Cronos’s price will reach $100, as this would require an extremely high market capitalization beyond the current CRO coin price prediction for the crypto sector. Does Cronos have an excellent long-term future? Cronos CRO holds promising long-term potential due to Crypto.com ’s ongoing innovations, such as DEX expansions, NFT integration, and metaverse applications, collectively enhancing CRO’s appeal and utility. These strategic initiatives, along with CRO’s liquidity and staking rewards, position it as a solid investment for those with a long-term perspective. Cronos price prediction August 2025 For August, Cronos (CRO) is primed for promising growth with significant price movements. The minimum projected trading price is $0.1327, with an average of around $0.1451. CRO is expected to attain a peak price of $0.1493. Month Potential Low Potential Average Potential High August $0.1327 $0.1451 $0.1493 Cronos price prediction 2025 Experts suggest that in 2025, Cronos will trade at a minimum price of $0.1594 and a maximum price of $0.1765. The average trading price is expected to be around $0.1765. Cronos Price Prediction Potential Low Potential Average Potential High Cronos Price Prediction 2025 $0.1594 $0.1649 $0.1765 Cronos price prediction 2026-2031 Year Minimum Price Average Price Maximum Price 2026 $0.2307 $0.2373 $0.2795 2027 $0.3421 $0.3516 $0.4046 2028 $0.4968 $0.5108 $0.5983 2029 $0.7312 $0.7567 $0.8459 2030 $1.14 $1.17 $1.29 2031 $1.54 $1.58 $1.95 Cronos price prediction 2026 The Cronos price prediction for 2026 suggests a minimum predicted price of $0.2307, a maximum level of $0.2795, and an average price of $0.2373. Cronos price prediction 2027 In 2027, Cronos’s price is predicted to reach a minimum of $0.3421. CRO can reach a maximum level of $0.4046, with an average trading price of $0.3516. Cronos price prediction 2028 The Cronos price prediction for 2028 suggests a minimum value of $0.4968, a maximum value of $0.5983, and an average trading price of $0.5108. Cronos price prediction 2029 According to the findings, the CRO price could reach a minimum of $0.7312 and a maximum of $0.8459, with an average forecast price of $0.7567. Cronos price prediction 2030 In 2030, Cronos’s price is predicted to reach a minimum of $1.14. CRO can reach a maximum price of $1.29, with an average trading price of $1.17. Cronos CRO price prediction 2031 The price of CRO is predicted to reach a minimum of $1.54 in 2031. It can further get a maximum cost of $1.95 with an average price of $1.58. Cronos Price Predictions 2025-2031 Cryptopolitan’s Cronos CRO price prediction According to our Cronos price forecast, the coin’s market position is bullish, and its price might reach a maximum value of $0.1765 by the end of 2025. By 2026, investors can anticipate an average price of $0.2373 and a maximum price of $0.2795, provided the market is bullish. It is advised to conduct investment advice and determine the future price targets of Cronos for a profitable return. To trade Cronos, one should go for leading CEXs. Cronos market price prediction: Analysts’ CRO price forecast Firm 2025 2026 DigitalCoinPrice $0.30 $0.35 Coincodex $0.2971 $0.3467 Cronos historic price sentiment CRO price history | Coinmarketcap CRO launched at $0.01977 in December 2018 and saw early fluctuations, hitting $0.07344 by March 2019, but ended 2019 at $0.03358. In 2020, CRO rose steadily, reaching above $0.20 by August before dropping to $0.06 by year-end. In 2021, CRO followed the crypto bull run, surpassing previous highs and achieving an all-time high of $0.9698 on November 24, boosted by listings on Coinbase Pro and Bitrue. CRO opened 2022 at $0.5575 but fell to $0.4409, partially due to concerns over a potential security breach on the Crypto.com platform, which temporarily suspended withdrawals in January. In 2023, Cronos experienced a peak in mid-March near $0.80, followed by a steep decline and stabilization around $0.20 by mid-year. It maintained a slight oscillation around this range in the following months. CRO started 2024 at $0.10, rallied to a yearly high of $0.18 in March, and declined to $0.12 by June. It stabilized between $0.08 and $0.10 from July to October, traded at $0.07193 and $0.09521 in November, and ended the year in a range of $0.138 and $0.234 in December. In January 2025, Cronos traded within the range of $0.158 to $0.163 but lost momentum towards the end of the month, leading to a trading range of $0.1005 – $0.160 in February. Later in March, Cronos traded within the range of $0.08076 and $0.0950. However, after touching the $0.1 mark by the end of March, the Cronos price triggered a bearish rally. In April, the CRO price declined heavily due to the rising trade war between the US and China. The Cronos price dropped to a low of $0.08. However, it has been surging toward $0.09 in recent weeks of May. As of June, Cronos (CRO) declined from approximately $0.098 to $0.081, experiencing a steady downtrend with brief attempts at recovery near $0.085 in July.
Bitcoin has outperformed Berkshire and its top holdings in 2025, highlighting the cost of ignoring BTC as a hedge or growth asset.
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin’s supply dynamics
The leading US-based crypto exchange by trading volume is experiencing a drop in stock value while it announces a $2 billion debt offering. Today, Coinbase Global (COIN) announced plans to offer $2 billion in convertible senior notes through a private placement to qualified institutional buyers. The offering, which is subject to market conditions, includes $1 billion in notes due by 2029 and another $1 billion due by 2032. Coinbase says it may also grant initial purchasers options to buy up to an additional $150 million of each series within 13 days of issuance. Coinbase says the notes will be senior, unsecured obligations and will accrue interest that can be paid out semiannually. The notes will be convertible into cash, shares of Coinbase’s Class A common stock, or a combination of the two funding options, at the company’s discretion. Terms such as interest rate and conversion rate are to be determined at pricing. Coinbase also plans to enter into capped call transactions to mitigate potential dilution and offset excess cash payments upon conversion. Proceeds from the offering are expected to support general corporate purposes, including capital expenditures and potential acquisitions. Following the announcement, COIN has tumbled 4.9%, currently trading for $302.56, about 30% down from its all-time high. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Coinbase Stock Accelerates Dip As Crypto Exchange Announces $2,000,000,000 Debt Offering appeared first on The Daily Hodl .