Crypto

Tokenized equity trading reached nearly $3 billion in weekly volume during August, with Robinhood Chain, BNB Chain, and Solana handling most activity. However, only about 5% of the market is deployed in onchain financial applications. Key Takeaways Weekly tokenized equity trading volume peaked near $3 billion. Onchain tokenized stock value locked surpassed $110 million. Lending and collateral use…

Washington regulators are seeking to revoke Coinflip’s license and impose a $1.03 million fine over alleged crypto kiosk compliance failures. The charges also demand consumer refunds and industry bans for the company and its CEO. Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO…

Binance’s monthly average XRP reserves have fallen by about 500 million tokens since November 2025, according to Cryptoquant. The decline may reflect accumulation and ETF demand, although exchange transfers could also affect the metric. Key Takeaways Binance’s monthly XRP reserves declined from 3.1 billion to 2.6 billion. The reserve average has returned to a level last seen in February…

A massive short squeeze on Aug. 19, which is the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. Key Takeaways Glassnode says a historic spike in short liquidations on Aug. 19, ignited bitcoin’s rally past $80,000. Bears lost $1.74B on Aug. 19 as U.S. spot Bitcoin ETFs later absorbed over $2.2B in weekly net…