Cathie Wood&#8217;s strategic investment in Ethereum-focused firms signals a growing institutional interest in blockchain technologies and digital assets. The post Cathie Wood’s ARK Invest buys 4.4 million shares of Peter Thiel- backed Ethereum treasury firm appeared first on Crypto Briefing.

Cathie Wood’s ARK Invest buys 4.4 million shares of Peter Thiel-backed Ethereum treasury firm

As part of its upgraded $100 million incentive program, BNB Chain has acquired 
over 40 million TAG tokens from TaggerAI, building on earlier acquisitions of 
FAIR3 and BGSC. BNB Chain (BNB) just announced that it had purchased over 40 
million…

BNB Chain expands $100M incentive program with $25K TAG token buy from TaggerAI

Blockchains are like frontier towns, and metaphors can shape our understanding 
of what comes next.

Crypto acts like land, not tech, and that’s why it’s weird | Opinion

XRP price started a fresh increase and surged above the $3.350 zone. The price 
is now consolidating gains and might continue to rise above the $3.650 zone. 
XRP price started a fresh increase above the $3.450 zone. The price is now 
trading below $3.50 and the 100-hourly Simple Moving Average. There was break 
below a key bullish trend line with support at $3.510 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could start another 
increase if it stays above the $3.350 zone. XRP Price Regains Traction XRP 
price started a fresh increase after it settled above the $3.250 level, 
beating Bitcoin and Ethereum. The price was able to climb above the $3.320 
resistance level. The bulls remained in action and the price gained pace for a 
move above $3.450 barrier. Finally, the price tested the $3.650 zone. A high 
was formed at $3.660 and the price is now consolidating gains. There was a 
move below the $3.60 level and the 23.6% Fib retracement level of the upward 
move from the $2.803 swing low to the $3.660 high. There was break below a key 
bullish trend line with support at $3.510 on the hourly chart of the XRP/USD 
pair. The price is now trading below $3.50 and the 100-hourly Simple Moving 
Average. On the upside, the price might face resistance near the $3.50 level. 
The first major resistance is near the $3.550 level. A clear move above the 
$3.550 resistance might send the price toward the $3.650 resistance. Any more 
gains might send the price toward the $3.720 resistance or even $3.80 in the 
near term. The next major hurdle for the bulls might be near the $4.00 zone. 
Downside Correction? If XRP fails to clear the $3.60 resistance zone, it could 
start another decline. Initial support on the downside is near the $3.40 
level. The next major support is near the $3.350 level. If there is a downside 
break and a close below the $3.350 level, the price might continue to decline 
toward the $3.320 support. The next major support sits near the $3.250 zone. 
Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in 
the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD 
is now below the 50 level. Major Support Levels – $3.350 and $3.320. Major 
Resistance Levels – $3.550 and $3.660.

XRP Price Could Restart Its Rally—Are Bulls Gearing Up Again?

Ethereum&#8217;s rising market share, regulatory clarity, and whale activity signal 
a possible shift, as Bitcoin dominance slides and institutional interest 
shifts. According to insights shared by QCP Capital on X on July 21, Bitcoin 
(BTC) dominance has slipped from 64%…

Bitcoin dominance slides as Ethereum market share jumps to 11.6%

Trump Media experienced a notable uptick in its stock price (DJT) on Monday, 
closing up 3% after an intraday rise exceeding 5% to reach $19,25 per share. 
This surge followed the company&#8217;s announcement that it had invested $2 billion 
in Bitcoin (BTC). Two-Thirds Of Assets To Bitcoin Treasury The media group, 
which encompasses President Donald Trump&#8217;s social media platform Truth Social, 
the streaming service Truth+, and the financial services brand Truth.Fi, 
revealed that the recent cryptocurrency purchases align with a strategy 
initially outlined in May to establish a Bitcoin treasury. According to Trump 
Media, these Bitcoin assets now represent two-thirds of its total $3 billion 
in assets, signaling a deepened financial commitment to the world&#8217;s largest 
cryptocurrency. Related Reading: $331M In Shorts At Risk As Ethereum Targets 
Key Supply Level Devin Nunes, CEO and president of Trump Media, emphasized the 
company&#8217;s unwavering focus on executing its publicly announced strategy. He 
stated that these assets are designed to secure the company&#8217;s “financial 
independence” and protect it from potential discrimination by financial 
institutions. Furthermore, Nunes mentioned plans to introduce a utility token 
within the Truth Social ecosystem, which could enhance user engagement and 
create new revenue streams. In addition to acquiring Bitcoin, Trump Media has 
allocated $300 million towards an &#8220;options acquisition strategy&#8221; focused on 
Bitcoin-related securities. Trump&#8217;s Regulatory Push Trump’s support for a more 
supportive regulatory environment in Washington, D.C., has resulted in 
significant price increases and surging adoption by public traded companies in 
the digital asset industry. Recently, President Trump signed legislation that 
establishes the first federal framework for dollar-backed stablecoins, a 
significant endorsement expected to foster greater adoption of these digital 
assets under the GENIUS Act. This move coincides with the launch of World 
Liberty Financial, a new crypto startup supported by Trump and his sons, which 
recently introduced its own US dollar-pegged stablecoin, USD1, in 
collaboration with BitGo. Related Reading: Too Pricey? Expert Says XRP Beats 
Bitcoin And Ethereum Right Now Trump Media&#8217;s ambitious plans include raising 
$2.5 billion to further expand its Bitcoin treasury. This approach, which 
blends public equity and debt issuance, has drawn inspiration from Michal 
Saylor&#8217;s pioneering efforts at Strategy (previously MicroStrategy), where the 
company&#8217;s transformation into a Bitcoin powerhouse began in 2020. Despite the 
stock&#8217;s recent rally, the performance of Trump Media has been volatile. Since 
announcing its Bitcoin treasury strategy in late May, the stock has fallen 
25%, and it is down 45% year-to-date. On the other hand, Bitcoin recently 
reached a new record price above $123,000. Since then, however, the 
cryptocurrency has struggled to consolidate within its latest range of 
$118,000 to $119,000 and has fallen back toward its current valuation of 
$116,960. Featured image from DALL-E, chart from TradingView.com