REX Shares and Tuttle Capital Management are teaming up to offer a new 2x leveraged exchange-traded fund tracking the shares of digital asset and data center infrastructure firm Galaxy Digital. REX Shares, an alternative strategy exchange-traded funds and notes platform…

REX Shares and Tuttle Capital launch first 2x leveraged ETF tracking Galaxy Digital

Gold prices initially surged after the Trump administration announced 
reciprocal tariffs on Swiss gold bars, briefly exceeding $3,400 per ounce. The 
gains appeared to reverse after the White House clarified that an executive 
order would exempt gold bars from these tariffs. Tariffs Cause Chaos in Gold 
Market Before Clarification Gold&#8217;s price gains, made hours after […]

Confusion Over US Tariffs on Swiss Gold Bars Sends Futures Soaring

Though possibly not its first foray into crypto, Harvard’s reported stake in 
BlackRock&#8217;s Bitcoin exchange-traded fund represented a significant investment.

Harvard endowment invests $116M into BlackRock Bitcoin ETF

On-chain analytics firm Santiment has pointed out how utility spikes on the 
XRP network tend to precede bullish price action in the asset&#8217;s price. XRP 
Network Activity Lit Up Before The Latest Price Surge In a new post on X, 
Santiment has discussed about some network activity-related indicators for 
XRP. The metrics in question are the Transaction Volume and Circulation. The 
first of these, the Transaction Volume, measures the total amount of the 
cryptocurrency that&#8217;s becoming involved in transfers on the blockchain every 
day. While this metric does provide a sense of overall activity occurring on 
the network, it may give a skewed picture of investor behavior. Related 
Reading: Dogecoin Is Right Where Past Bull Runs Have Taken Off: Analyst This 
is because of the fact that not all transfers being made on the chain 
represent true economic activity. Many of them involve the same part of the 
supply, constantly in motion due to repeat trades or internal shuffling. The 
second indicator, the Circulation, helps filter for these moves like these. 
This metric keeps track of the daily unique number of tokens being shifted on 
the XRP network. By &#8216;unique,&#8217; what&#8217;s meant here is that no matter how many 
times a particular coin becomes involved in transfer activity on the 
blockchain, it still contributes just one unit toward the indicator&#8217;s value. 
Now, here is the chart shared by Santiment that shows the trends in both of 
these XRP metrics over the last few months: As displayed in the above graph, 
the XRP Transaction Volume saw a huge spike to $2.1 billion on August 1st. 
This 6-month high surge in the metric came as the asset&#8217;s price was going 
through a drawdown toward a low near $2.70. Alongside the rise in volume, the 
Circulation also registered a spike to 1.12 billion tokens, indicating that 
the transfer activity occurring on the network was organic. Since this burst 
of activity on the blockchain, the cryptocurrency has witnessed some recovery. 
From the chart, it&#8217;s visible that there have also been spikes in these 
indicators in the past that led into a price surge for the coin. &#8220;Utility 
spikes on the network consistently foreshadow price jumps,&#8221; notes the 
analytics firm. Related Reading: Bitcoin Short-Term Holders Are 
Capitulating—Will June Pattern Repeat? In some other news, XRP broke out of a 
triangular channel on Thursday, as analyst Ali Martinez explained in an X 
post. Generally, breakouts above a triangle&#8217;s upper level are considered to be 
bullish signals in technical analysis (TA). And indeed, as the pattern may 
have foreshadowed, the asset has ended up enjoying a surge since then. XRP 
Price At the time of writing, XRP is floating around $3.29, up more than 7% 
over the last 24 hours. Featured image from Dall-E, Santiment.net, charts from 
TradingView.com

This XRP Signal Consistently Foreshadows Price Jumps: Analytics Firm

ChatGPT-5 users on social media platforms were critical of the update, and 
OpenAI CEO Sam Altman responded to the complaints, pledging improvements.

ChatGPT-5 upgrade faces user backlash as AI rivals gain ground

Ethereum surpassed the $4,000 mark for the first time since Dec. 9, 2024, 
trading at $4,050 on Aug. 8. Optimism surrounds the digital asset’s potential, 
with one analyst predicting that breaking past $4,000 could trigger a rapid 
move toward $5,000 — and possibly $10,000 by year’s end. ETH Reaches Key 
Resistance Level Ethereum (ETH) broke […]