U.S. stocks opened higher and Bitcoin held the $114k level as Wall Street continued to cheer corporate earnings amid ongoing jitters around trade deals. The benchmark S&amp;P 500 opened 0.3% higher and the Nasdaq added 0.5%, while the Dow Jones…

S&P 500 opens higher amid key corporate earnings, Bitcoin holds $114k

A CEO thinks XRP is one of the most misunderstood tokens out there. Jake 
Claver, chief executive of Digital Ascension Group, marked his YouTube channel 
hitting 100,000 subscribers by talking about what might push XRP’s price 
higher. Related Reading: Bitcoin Finds Support At $114K, But Rally May Stall 
Without New Drivers Institutional Bets On XRP Backing According to Claver, 
Digital Wealth Partners now holds over $200 million worth of XRP. That stake 
shows how much confidence they have in the token’s potential. During a 
livestream, he pointed to the altcoin&#8217;s future role in settling tokenized 
assets. He believes that as more institutions adopt blockchain and 
tokenization, XRP could become a key link in global finance. The company isn’t 
only betting on price swings. It offers loans backed by crypto like BTC and 
XRP. Loan-to-value ratios go as high as 80% and rates sit between 13% and 16%. 
Claver said upcoming partnerships could cut those rates further. Reports have 
disclosed that the fund works alongside clients’ trusted advisers, blending 
traditional wealth services with crypto options. Claver talked about how his 
firm helps clients who manage IRAs and 401Ks. He said Digital Wealth Partners 
acts as an extension of existing advisory teams rather than replacing them. 
That mix of legacy finance and digital assets is meant to guide people through 
both sides. For Claver, XRP remains at the center of that plan because its 
design fits institutional transactions. The Email Analogy For Payments Claver 
compared XRP’s role to early email systems. Back then, users needed the same 
provider to send and receive mail. Today, thanks to standard protocols, any 
email can reach any inbox, and mostly for free. He thinks XRP could do 
something similar for digital payments, bridging different apps and banking 
systems across borders. He said real-world use like that will force a fresh 
look at XRP’s value once big players catch on. Of course, getting major banks 
to agree on the same standard and meeting strict KYC and anti-money laundering 
rules are two hurdles that can’t be ignored. XRP Price Trajectory Based on 
analysis, the biggest price trigger for XRP may come in mid-August 2025, when 
the US Securities and Exchange Commission is expected to clarify the altcoin&#8217;s 
status. A positive outcome could spark a rally. A delay or mixed guidance 
might send prices down. Claver isn’t alone in watching this calendar. Paul 
Howard, Director at Wincent, said US rate changes possibly arriving in 
September could shift market sentiment. Related Reading: Crash Incoming? 
Kiyosaki Warns Of ‘August Curse’ And Reveals His Bitcoin Buy Zone Cheap money 
would hunt for yield, and tokens with solid use cases could see supply squeeze 
and sharp gains. Right now, risk-on vibes across crypto are steering flows 
into majors like BTC and ETH before altcoins get a look. Looking ahead, XRP’s 
performance will hinge on real adoption, clear rules and the bigger economic 
picture. If Claver’s vision plays out, XRP could shape next-gen payment rails. 
If regulatory delays or compliance snags dominate, investors may need to hedge 
or dollar-cost-average their positions. Either way, reports show that XRP’s 
path won’t be a straight line. Featured image from Unsplash, chart from 
TradingView

The $200 Million XRP Play: CEO Spills What Traders Overlook

Tornado Cash developer Roman Storm was convicted Wednesday of conspiracy to 
operate an unlicensed money transmitting business, while the jury deadlocked 
on charges of conspiracy to commit money laundering and conspiracy to violate 
North Korea sanctions. Jury Convicts Storm on 1 Count; Deadlocked on Money 
Laundering, North Korea Sanctions The verdict followed five days of […]

Tornado Cash Founder Guilty of Unlicensed Business Operation

PancakeSwap will enable traders to long and short Apple, Amazon and Tesla 
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PancakeSwap now offers Apple, Amazon and Tesla perpetual contracts

Karnataka’s tech capital appears to be going all-in on blockchain. Behind 
closed doors, Coinbase’s legal chief and Indian officials mapped out a 
surprising alliance: developer tools, cyberdefense, and a potential policy 
shift that could influence India’s onchain playbook. On August…

Coinbase picks Karnataka to rethink its role in India’s onchain evolution

Metaplanet stock price has crashed and entered a bear market as demand for 
Bitcoin treasury companies waned and investors began booking profits. 
Metaplanet shares have plunged to ¥910 ($6.18), the lowest level seen since 
May 23 and 55% below this…