Kategorie: Crypto Markets

• XAUt0 adoption slower, with $2.5 million market cap according to CoinGecko.
• Polygon supports over $1 billion in USDT liquidity and six million wallets.
• Tether’s USDT surpasses $167 billion market cap, XAUT crosses $1 billion in August.

Polygon has become the latest blockchain to adopt USDT0 and XAUt0, the omnichain versions of Tether’s USDT and XAUT stablecoins, as the stablecoin market continues to expand rapidly.

The upgrade was announced by USDT0 operator Everdawn Labs, with the integration introducing new cross-chain liquidity standards built on LayerZero’s Omnichain Fungible Token (OFT) framework.

The move positions Polygon as a key hub for stablecoin payments, decentralised finance (DeFi), and enterprise use cases.

It follows a year in which Tether’s USDT reached a market capitalisation of more than $167 billion in August, and gold-backed XAUT crossed the $1 billion mark on 8 August.

USDT0 and XAUt0 expand across blockchains

USDT0 and XAUt0 differ from traditional stablecoins by not being directly backed by assets such as cash or gold. Instead, they are minted when users deposit USDT or XAUT into a specific contract on Ethereum, which serves as the “LockBox” chain for the ecosystem.

USDT0, launched in January 2025, functions as the omnichain version of USDT, enabling access to dollar-pegged liquidity across multiple networks. XAUt0 followed soon after, providing gold-backed liquidity in a similar format.

Polygon becomes the eleventh supported blockchain for USDT0 and the third for XAUt0, after earlier deployments on TON and Hyperliquid’s HyperEVM.

The tokens have expanded steadily: USDT0’s market capitalisation climbed to nearly $1.6 billion in just two months, while XAUt0 has so far reached $2.5 million, according to CoinGecko data.

Cointelegraph reports that Polygon’s integration also represents a milestone for XAUt0, marking its third blockchain expansion. By contrast, USDT0 has spread more widely, finding adoption across 11 blockchains since its January launch.

Why Polygon is central to stablecoin adoption

Polygon was selected for the integration due to its strong existing presence in the stablecoin ecosystem. The network already supports over $1 billion in USDT liquidity and more than six million wallets, making it a significant base for both retail and institutional adoption.

The network has also undergone major infrastructure upgrades such as AggLayer and the Bhilai Hardfork, which enhance its scalability and compatibility with cross-chain projects.

These upgrades have made Polygon an “ideal home” for omnichain stablecoins, with the upgrade ensuring that current Polygon-based USDT (PoS USDT) automatically becomes part of the USDT0 network without a change in contract address.

With this integration, both dollar-pegged and gold-backed liquidity become natively accessible on Polygon. This combination opens new possibilities for DeFi applications, payment systems, and real-world asset (RWA) adoption at an institutional scale.

A milestone in stablecoin interoperability

The integration is also notable for being USDT0’s second major upgrade involving more than $1 billion in liquidity, following its earlier launch on Arbitrum. Polygon now plays a critical role in providing the infrastructure for seamless stablecoin transfer across multiple chains.

Since Ethereum acts as the LockBox chain, all USDT0 and XAUt0 minted tokens across networks correspond to reserves locked on Ethereum. This system ensures that the supply across blockchains remains consistent with deposits on the base chain.

The broader context highlights the growing demand for stablecoins as a foundation for digital payments and tokenised assets.

With USDT’s dominance surpassing $167 billion in market value and XAUT gaining traction past $1 billion, the addition of omnichain liquidity tools like USDT0 and XAUt0 reflects a market increasingly focused on interoperability and scalability.

The post Polygon integrates USDT0 and XAUt0 as stablecoin liquidity expands past $1.6 billion appeared first on CoinJournal.

• Litecoin trades near $112, just in the green on the day but at risk of fresh losses.
• The LTC price hovers at key support level as bulls attempt to hold bears off.
• Bullish crypto market and catalysts such as spot Litecoin exchange-traded funds could help LTC go higher.

Litecoin (LTC) is trading at $112, about 2% up in the last 24 hours, but in the red over the past week and month time frames.

Meanwhile, the 24-hour trading volume of $694 million is more than 22% down on the previous day as top altcoins look to bounce.

As LTC price drops towards the $110 level, can bulls hold onto gains or is the altcoin poised for a revisit of the psychological $100 mark and lower?

Litecoin price forecast: Is LTC set for a revisit of $90 next?

Litecoin price has broken below the middle line of an ascending channel pattern. Price at $112 suggests a broader crypto pullback could accelerate LTC’s dip to support at $100 and possibly to $90.

The technical indicators on the daily chart support a likely flip lower, with RSI and MACD giving sellers the upper hand.

Open Interest has also dropped slightly, down to $994 million from the record highs of $1.27 billion hit recently as LTC spiked.  OI in Litecoin futures does notably remain higher than the lows of $800 million seen in early August.

A break above $120 could thus allow bulls to test the upper channel barrier near $140 and aim for the psychological $200 mark.

While the Moving Average Convergence Divergence (MACD) indicator shows a bearish crossover from mid-August and prints red histogram bars, a mixed setup has other indicators signaling potential resilience.

For instance, the Relative Strength Index (RSI) on the daily chart sits at 46, but is upsloping to suggest buyers could keep off a fresh dip towards the oversold territory.

If RSI pops above the neutral point of 50 and market conditions align, LTC could see the above scenario play out.

What could help Litecoin price higher?

Network growth, including a significant hashrate spike, suggests confidence in the proof-of-work coin.

This and market sentiment point to a scenario where bulls ride the overall crypto uptick in the coming months to drive higher.

The upcoming approval of spot ETFs, with Litecoin among those with notable high odds of a nod, add to this outlook.

In this case, the SEC’s October 2025 decisions on spot Litecoin ETFs from Grayscale, Bitwise, and CoinShares, which carry a 90% approval probability, per Bloomberg analysts, could be huge catalysts.

Experts say a SEC approval for LTC spot ETFs could drive institutional inflows of up to $500 million in Litecoin at launch, printing the trajectory that saw Bitcoin’s price rally to new highs in early 2024.

The post Litecoin price forecast: what next as LTC drops to key support? appeared first on CoinJournal.

• XRP futures OI falls 30% to $7.7B as price slips from $3.66 peak to $2.98.
• Whale inflows signal selling pressure, keeping XRP near $3 support zone.
• Analysts see long-term uptrend intact, with 2025 targets above $5 still viable.

XRP futures open interest (OI) has fallen sharply over the past month, highlighting a reduction in speculative positioning as the cryptocurrency consolidates below the $3 mark.

While the decline raises caution over near-term momentum, historical trends suggest the cooling leverage environment could offer opportunities for accumulation.

Open Interest retreat signals cooling speculation

According to derivatives data, XRP’s futures OI has dropped by 30% over the past month, falling to $7.7 billion from $11 billion.

This pullback has coincided with spot prices retreating from a recent peak of $3.66 to $2.98.

A decline in open interest often reflects waning speculative activity, with traders either taking profits or reducing exposure due to uncertainty.

This is not the first time XRP has seen such a sharp reset.

In Q1, open interest dropped 65%, plunging from $8.5 billion to $3 billion, while spot prices fell more than 50%.

The current trend, while less severe, mirrors that earlier setup, raising the prospect of traders re-engaging once OI finds a new base.

On the technical front, XRP has a daily fair value gap between $2.33 and $2.65, which analysts highlight as a likely demand zone if open interest continues to ease.

Historically, moderating leverage has preceded stabilisation periods or accumulation phases that pave the way for fresh rallies.

Controlled leverage flush reduces risk of cascading selloffs

Despite the pullback, liquidation data suggests that market stress remains contained.

Only $22 million in long positions were liquidated on Monday, with $56 million in liquidations during the 6% correction on August 14.

Compared with prior episodes of sharp selloffs in overheated conditions, these figures reflect a relatively controlled leverage reset.

The limited liquidations reduce the risk of cascading sell pressure that can exacerbate declines in volatile markets.

This controlled backdrop offers a degree of resilience, supporting the case that XRP may find a price bottom in the near term.

If the $2.33–$2.65 support zone holds, traders could interpret the current leverage unwind as constructive rather than a sign of deeper structural weakness.

Whale inflows pressure near-term outlook

While open interest has cooled, on-chain data signals potential headwinds from large holders.

According to CryptoQuant, XRP’s rally to $3.66 was accompanied by significant inflows to exchanges, with the heaviest activity coming from whale wallets holding 100,000 to 1 million XRP.

Historically, such spikes in whale inflows have preceded major market tops, including levels above $3 in 2018, $1.90 in 2021, and $0.90 in 2023.

Currently, XRP is consolidating just below $3 while exchange inflows remain elevated, indicating sustained selling pressure from large investors.

If this pattern persists, downside risks toward the $2.6 support zone may materialize.

However, analysts note that a strong defense of the $3 threshold would underscore market resilience and potentially set the stage for a renewed bullish push.

Structurally, XRP’s broader uptrend remains intact.

Compared with past cycles, the cryptocurrency is positioned in a stronger technical environment, with long-term targets above $5 in 2025 still achievable despite near-term volatility.

The post XRP Open Interest declines 30% as price consolidate below $3 appeared first on CoinJournal.

• Cronos (CRO) price jumped 26% after Crypto.com announced a partnership with Trump Media.
• Both CRO and Crypto.com digital wallet will be integrated with Trump Media platforms.
• Trump Media to buy $105 million in CRO, about 685,427,004 tokens, but targets $6.42 billion treasury.

Cronos price is skyrocketing as the crypto market reacts to news that Crypto.com has partnered with Trump Media & Technology Group. The partnership also involves Yorkville Acquisition Corp. in a deal that will see Trump Media establish a $6.42 billion CRO treasury.

The CRO price was up 26% after the news that the strategic partnership is aimed at forming Trump Media Group CRO Strategy, Inc., a digital asset treasury company dedicated to acquiring Cronos (CRO) tokens.

Cronos surges as Trump Media eyes $6.4b CRO treasury

As noted, the announcement that Trump Media Group CRO Strategy, Inc. is set to form the world’s largest CRO treasury strategy ignited a 26% surge in the price of the Crypto.com token.

On August 26, 2025, Trump Media & Technology Group, operator of Truth Social, Truth+, and Truth.Fi announced it had signed a cooperation and purchase agreement with Crypto.com.

Specifically, the companies have agreed to integrate CRO and Crypto.com’s digital wallet infrastructure into Trump Media’s platforms.

The partnership also includes a massive positive for CRO, with Trump Media not just adding the altcoin as rewards on Truth Social and Truth+, but also taking a concrete step in backing up a $6.42 billion CRO treasury initiative.

🚨 Breaking News:

Today is a historic day for $CRO

Trump Media Group CRO Strategy has announced $6.4B in funds to build America’s Cronos Treasury.

At closing, Trump Media Group CRO Strategy is expected to be the world’s largest holder of CRO.

Read the press release for more… pic.twitter.com/QQrSZLlKu4

— Crypto.com (@cryptocom) August 26, 2025

In the short term, $105 million worth of CRO, totalling 685,427,004 CRO, is set for Trump Media’s balance sheet.

Trump Media’s CRO treasury details

The new entity plans to acquire $1 billion worth of CRO tokens, which will account for approximately 19% of the total CRO market cap, or roughly 6.3 billion tokens.

Overall, the substantial investment is eyeing ploughing $200 million in cash, $220 million in mandatory exercise warrants and a $5 billion equity line of credit from Yorkville into the publicly-traded CRO treasury.

“The sheer size and structure of this project will encompass more than the entire current market capitalization of CRO, with the additional commitments of over $400 million in cash and a further $5 billion line of credit facility to acquire additional CRO,” said Kris Marszalek, co-founder and chief executive officer of Crypto.com. “This, combined with share lock-ups by each party and the treasury’s validator strategy, make it a unique and compelling offering compared to all other digital asset treasuries.”

The partnership between Trump Media and Crypto.com extends the companies’ collaboration and positions Cronos as one of the top altcoins hitting treasury bets.

CRO price rose to highs of $0.20 as of writing, going vertical as most cryptocurrencies struggled with downside pressure.

The post Cronos price spikes 26% as Trump Media announces $6.4b CRO treasury appeared first on CoinJournal.

• BNB has retraced to $843 after hitting a new all-time high of $899.77.
• Ex-Bitmain executives have launched a $1B BNB treasury backed by CZ’s YZi Labs.
• Institutional funds are driving BNB’s shift toward reserve asset status.

BNB, the native token of the Binance ecosystem, has surged to new highs, cementing its position as one of the strongest performers in the crypto market in 2025.

The rally comes as institutional interest in the token deepens, with a new $1 billion BNB treasury fund led by former Bitmain executives and backed by Binance founder Changpeng Zhao’s family office, YZi Labs.

BNB pushes to new highs

The token recently reached an all-time high of $899.77 before entering a modest correction.

At the time of writing, BNB trades around $843, reflecting a slight pullback of less than 10% from the peak.

Notably, the correction remains well within a healthy range, suggesting room for further upside once the market stabilises.

Compared with Bitcoin (BTC), which has been experiencing a deeper correction, BNB has shown stronger resilience.

The BNB token is holding near key support zones around $820–$815, where buyers are expected to step in.

Technical indicators, including a neutral Relative Strength Index (RSI) and bullish momentum on the MACD, suggest that a recovery phase could be near.

According to market analysis, $859.50 is the next resistance zone, with the possibility of soaring past the $899.77 ATH if momentum holds.

The $1B BNB treasury initiative

The bullish BNB sentiment has been reinforced by the announcement of a new $1 billion BNB treasury company by B Strategy, a digital asset investment firm founded by former Bitmain executives.

The project has secured backing from YZi Labs, the family office established by Zhao and Binance co-founder Yi He.

B Strategy’s ambition is not limited to holding BNB as a reserve asset.

The firm says it will also direct capital toward technology development, community-driven projects, and grants for applications built on the BNB Chain.

Leaders at the firm describe their vision as becoming the “Berkshire Hathaway of the BNB ecosystem,” signalling a dual role as both custodian and active investor.

Heading the initiative is Leon Lu, co-founder of Metalpha, alongside Max Hua, former chief financial officer of Bitmain.

Both bring a blend of digital asset expertise and corporate finance experience, a mix aimed at creating strong governance, independent audits, and transparent risk management frameworks.

Institutional momentum builds around BNB

The rise of BNB-focused treasury funds is becoming a notable trend in digital asset investment.

Earlier this year, 10X Capital raised $250 million to accumulate BNB, pioneering the treasury model with support from YZi Labs.

Other companies, such as CEA Industries, saw their stock prices soar after announcing BNB treasury plans, while BMB Network reported that its $500 million BNB vehicle was oversubscribed.

These developments highlight the growing appetite among institutional investors for regulated exposure to BNB.

By mirroring closed-end investment structures, treasury companies are offering family offices and accredited investors a way to participate in Binance’s ecosystem without holding the token directly.

CZ’s influence looms large

Despite the institutional momentum, questions remain over governance.

A 2024 report by Forbes estimated that Zhao controls roughly 64% of the total BNB supply, or about 94 million tokens.

While this concentration gives him significant influence over the token’s trajectory, it also reassures some investors who view his support as a long-term anchor for BNB’s value.

For Binance, which processes more than $12 billion in daily spot trading and upwards of $60 billion in derivatives volume, the growing adoption of BNB as a reserve asset reinforces the token’s central role in the exchange’s ecosystem.

From paying transaction fees to staking and governance, the BNB token continues to expand its utility across multiple fronts.

Outlook for BNB

BNB’s recent price action, combined with the launch of a $1 billion treasury fund, underscores a shift in how the token is perceived.

Once seen largely as a retail-driven asset, the BNB cryptocurrency is now gaining recognition as an institutionally supported digital currency with reserve-like qualities.

If B Strategy’s initiative succeeds, it could mark a turning point for Binance’s token, embedding it deeper into global financial markets.

While short-term corrections may test investor confidence, the long-term trajectory appears increasingly tied to institutional adoption and Binance’s continued dominance in crypto trading.

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