XRP/BTC pair shows signs of weakness after failed breakout attempts

XRP price is on edge after a major bear signal appears on XRP/BTC chart.

• Double-top. XRP/BTC is now signaling potential exhaustion.

XRP’s bid to prove itself against Bitcoin has run out of steam, and the charts are starting to make that clearer with each passing week. What initially looked like the start of a major breakout on the XRP/BTC pair now resembles the shape of a double top, a formation that typically indicates weakness rather than strength and basically says that the trend is exhausted.

• Key support at risk. XRP/BTC is now hovering near 0.00002200 BTC.

The rally that began earlier this year lifted XRP above its 200-week average. For a moment, it seemed like the token might chip away at Bitcoin’s lead. The price pushed into the 0.00003200 BTC region twice, only to be rejected both times, sending the pair back toward familiar support levels.

The inability to extend higher after those attempts has left 0.00002200 BTC as the line to watch, because, historically, once this level is lost, the structure usually breaks toward 0.00002000 BTC. Moving averages flattening across the board add weight to the argument that the upside potential has been spent.

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Ripple projects $16 trillion in crypto custody by 2030

The five-year tokenization market prediction sparks interest.

• 2030 forecast. Ripple predicts 10% of global assets will be tokenized by 2030.

In its recent tweet, Ripple shared a five-year prediction for the tokenization market, stating that by 2030, 10% of global assets are expected to be tokenized. Digital asset custody is anticipated to drive this adoption surge, with crypto assets under custody projected to reach $16 trillion by 2030. 

• Ripple Custody adoption. Société Générale FORGE issues EURCV (EUR-backed stablecoin) on XRP.

Custody, a core safekeeping capability, is the bedrock of institutional digital asset services ranging from tokenized real estate and treasuries to stablecoins and cryptocurrencies.

In this light, Ripple Custody is gaining momentum. Société Générale FORGE, the crypto arm of French financial services company Société Générale, is issuing its EURO-backed stablecoin EURCV on XRP Ledger using Ripple Custody, while BDACS in South Korea custodies Ripple’s stablecoin Ripple USD (RLUSD).

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DOGE confirms golden cross as ETF launch nears

DOGE price has risen since start of week.

• Golden cross confirmed. DOGE’s four-hour chart shows short-term MA crossing above long-term MA, a bullish signal.

Dogecoin recently confirmed a golden cross on its four-hour chart, which happens when the short-term moving average crosses over the long-term MA. The golden cross has coincided with a price increase for Dogecoin, as it is up 24% on a weekly basis.

The emergence of a golden cross invalidated a death cross, which appeared on the four-hour chart at the close of August, following which Dogecoin’s price saw a period of lackluster trading. Dogecoin’s price has risen since the start of this week, when the likelihood of a Dogecoin ETF in the U.S. began to emerge.

• ETF update. Bloomberg’s Eric Balchunas says DOJE has been delayed again.

Late Thursday, Balchunas stated in an X post that DOJE has been further delayed and might launch sometime next week, hinting at a Thursday launch. Earlier this month, the DOJE ETF won approval under the Investment Company Act of 1940, a framework typically used for mutual funds and diversified ETFs.

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Ex-Wall Street trader sparks debate over alleged Bitcoin wallet thefts

Josh Mandell claims that quantum computing is already in use, and it is helping “a large player” to steal old Bitcoins.

• Josh Mandell’s claim. The former Salomon Brothers and Caxton trader alleges that long-dormant BTC wallets are being secretly drained.

Former Wall Street trader Josh Mandell has made waves on the X social media platform by claiming that old Bitcoins are currently being stolen from long-dormant (“deceased”) wallets. Mandell, who gained a lot of prominence earlier this year with his extremely prescient Bitcoin price prediction, argues that the tech is being secretly used by a “large player” to accumulate more BTC without using the market.   

The former Salomon Brothers and Caxton Associates trader believes that on-chain analysis remains the only obstacle given that it would be capable of detecting such patterns. 

• Industry pushback. Harry Beckwith (Hot Pixel Group) dismissed the claim

“There is literally no chance this is currently happening,” Harry Beckwith, founder of Hot Pixel Group, said in a social media statement. Matthew Pines, executive director at Bitcoin Policy Institute, claims that Mandell’s assumption is “false.”

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The market for tokenized equities could expand to nearly $190 trillion within the next 20 years, according to new projections from Galaxy Research.

Galaxy made this projection after it became one of the first public companies to tokenize its stock on the Solana blockchain via Superstate, which specializes in compliant tokenization infrastructure.

Speaking on the move, Alex Thorn, Galaxy’s Head of Research, said:

“Onchain GLXY is real Galaxy Class A Common Stock. If you hold the token, you own common equity in galaxy, the same as if you bought our stock through in your traditional brokerage account. no publicly traded company has ever done this before in the US.”

As of press time, 32,374 Galaxy Class A shares had been issued on Solana, held by 21 token holders, according to Dune Analytics data.

According to the firm, this move illustrates its conviction that tokenization is viable and a potential blueprint for how listed companies may enhance market accessibility.

‘Uniswap moment’

Considering this, the firm modeled bear, base, and bull scenarios to illustrate how blockchain adoption may reshape financial markets once decentralized trading achieves critical mass.

Galaxy describes the tipping point as a “Uniswap moment,” when on-chain trading is widely regarded as fairer, faster, cheaper, and safer than legacy structures. At that stage, traditional centralized exchanges would gradually lose market share to blockchain-based platforms.

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In its near-term outlook, Galaxy expects tokenized equities to represent between 0.7% and 4.6% of US market capitalization within the first two years of adoption—equivalent to $0.5 trillion to $3.3 trillion.

Under a bullish 10-year scenario, tokenized shares could capture 40% of the market, worth almost $50 trillion.

Meanwhile, the forecasts diverge further over two decades. A bear case sees tokenization reaching 12% of the US equity market, or $29.5 trillion, while the bull case envisions as much as 78% penetration or an estimated $189.9 trillion.

Interestingly, the firm said trading activities could follow a similar trajectory.

In the most optimistic scenario, Galaxy projects that tokenized equities may account for 93% of all US equity trading volume, fundamentally altering liquidity, settlement times, and investor access.

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At Devcon 4, Aya Miyaguchi gave a talk about the Ethereum Foundation’s values, about Ethereum as being representative of hope for an open future, and about a better world that we can build by applying this philosophy and technology. Our community reflects this effort as many embrace the spirit of Kaizen, or continuous change for the better, through their work each day.

As a non-profit organization, the Ethereum Foundation has a vision that we’ve outlined and tried to embody through our values, mission and work, but we know that the developers behind dApps built on Ethereum are the ones who will execute on this vision. Together, we can build a more globally accessible, more trustworthy and free internet, and eventually a society with less imbalance and injustice. That’s why we’re looking to learn more about the change already happening using impactful dApps built on Ethereum. If you, or someone you know, is building an application on Ethereum aimed at solving real-world issues, we would love to hear from you. Please take part in our short 3-5 minute survey, now available here.

The very first dApps were still conceptual only a few years ago, but we’ve advanced in a short time from proof-of-concepts to seeing developers solve challenging issues in their own regions and local communities. We see it as part of our responsibility to highlight the good faith efforts and positive works of all those helping to realize the Ethereum Foundation’s mission.

To that end, we have worked to connect new and underfunded builders with the most involved members of our industry through programs like our scholarship track at Devcon this year. This work will continue and expand, but there is more that we can learn in the near-term about our own community, which brings us to this new effort.

The Ethereum Foundation is only one star among many in this ecosystem, but it is our aim to connect and support others working to improve the world. Help us advance our understanding of all the stars that are out there, including those that have been hidden from our view, so that we can be a better connector and supporter to all!

Let’s bring this constellation to life. Thank you, we hope that you’ll take part in our survey, and we look forward to hearing from you!

I created a transaction with Bitcoin Testnet. You are trying to consolidate multiple UTXOs into different addresses. I sent 0.00007460 to a specific address, 0.00080540 as the price and used the remaining balance as a change

https://blockstream.info/testnet/tx/512946cf36ef64ac36c587d14bd5a5833a5beac48792f9fef6ccb4a6a126ada2? expand

The transaction went through, but I didn’t see any updates to Blockcypher (the site I normally use) in the link above. I know the details of that transaction, but if I expand the details I don’t know what that part on the left is. You can see TX:Unspent to spend the amount sent to the right side of the TX: Unspent. On the left is a number of “witnesses.” The transaction has 3637 confirmations. So why is it viewed as an output that can only be seen 0.00002900? Once the miners have confirmed that BTC is available, did you think it’s because I’ll consolidate a large number of 204 transactions from one particular address that I’ve accumulated for a long time?

Bitpanda raised collective brows in European fintech corridors by opting out of public UK listings. But why did Bitpanda snap the UK as a potential listing venue?

The Vienna-based fintech platform, backed by billionaire Peter Thiel, has found it cited low liquidity on the London Stock Exchange (LSE) as the main reason for opting out of its original plan.

According to a report published by the Financial Times on August 26, 2025, Bitpanda CEO Eric Demuth said the company will instead focus on the venue of choice when either Frankfurt or New York proceeds to hold the public offering.

The timeline is not official, but London is definitely off the list.

bity bitpanda, a crypto exchange backed by billionaire investor Peter Thiel, has become the latest company to rule out London’s listings and avoid the UK’s capital markets due to lack of liquidity in stock trading. pic.twitter.com/go14oxx4x2

– Marcel van Oust (@OOST_MARCEL) August 26, 2025

Dems confirmed that it wasn’t just the company that shelved its London plans. According to Demuth, many companies are moving away from LSE.

He pointed out British fintech Wise and recently moved his major list to New York after a shareholder vote. British Fintech has moved primarily due to deeper capital pools and requirements for increasing market liquidity.

In addition to this, he acknowledged the London Bulls’ ongoing struggle to attract adequate trading volume and investor depth.

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London’s trading scene looks dry: British IPO market plunges to the lowest point in 30 years

Given that London is struggling to maintain its position as a major IPO destination, the Bitpanda UK exit appears to be a fair business decision.

The UK IPO market plunged to the lowest point raised in the first half of 2025, from just £160 million to £162.8 million (2267.8m).

The funding environment remains weak even after considering secondary provision.

Demuth explained that while Bitpanda recently entered the UK market, it still draws its main source of revenue from the European continent.

At the beginning of June, Carie Osman, founder and CEO of Growth Consultancy company Cruxy, repeatedly fell in LSE.

According to OSMAN, there are several reasons why companies are delisting from LSE. There are structural ones, but the main issue is lack of fluidity.

Her remarks came after Qualcomm’s acquisition of UK-based semiconductor company Alphawave Semi.

She said the UK’s weaker investment culture is hindering LSE compared to the US, where people often invest through the 401(k) plan.

On GlobalData’s Instant Insights Podcast, she said: “I was looking at some facts. I thought it was very interesting in the UK, for example, that about 23% of adults have stocks and stakes. If you compare that to the US, it’s 62%.”

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Bitpanda UK’s departure reflects broader industry trends

Bitpanda SideSteping UK shows a wide range of industry trends where businesses are moving to greener pastures in search of greater liquidity, regulatory clarity and investor depth.

The US and continental Europe have emerged as public hotspots due to the receptive regulatory environment and institutional interest.

The New York Stock Exchange (NYSE) and NASDAQ have become magnets for native crypto companies due to friendly policies and institutional capital inflows under the Trump administration.

Earlier this year, USDC Stablecoin publisher Circle raised $1.05 billion in NYSE at a $8 billion valuation. Gemini and Bitgo follow suit to list them in the US. Meanwhile, this month is another Tiel support exchange that was released on the NYSE.

The contrast with the LSE is severe. The UK aims to lead fintechs, but the IPO market continues to struggle with thin trading volumes and low investor appetite, raising questions about the viability of high-growth tech companies.

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State Street launched its first digital debt securities using JPMorgan’s Digital Debt Service, executing a $100 million commercial paper transaction.

According to an Aug. 21 statement, State Street Investment Management purchased the commercial paper for its Short Term Investment Fund. 

The debt securities are issued, settled, and serviced using blockchain technology, delivering streamlined institutional market access.

State Street Investment Management’s global head of cash management, Pia McCusker, described the commercial paper investment as demonstrating tangible technology benefits for institutional clients.

McCusker added:

“Our successful investment in the first commercial paper transaction in blockchain format for our Short Term Investment Fund demonstrates the tangible benefits this technology brings to our clients and positions them at the forefront of the digital transformation in fixed income markets.”

Regarding JPMorgan’s blockchain platform, it allows T+0 settlement as an option, representing a significant advancement over standard settlement cycles for short-term debt instruments.

The digital debt securities utilize smart contracts to automate payments, redemptions, and corporate actions, eliminating manual processing typical in traditional debt markets. 

State Street noted that the $100 million transaction validates blockchain technology’s capacity to handle institutional-scale debt issuances. At the same time, it maintains regulatory compliance and security standards expected from traditional debt markets.

Market modernization impact

Chief product officer Donna Milrod characterized the digital debt launch as advancing State Street’s integrated blockchain-based solution across front-, middle-, and back-office functions. 

Further, the launch reflects State Street’s digital strategy, incorporating on-chain wallet management and blockchain network interoperability groundwork.

JPMorgan Markets Digital Assets Team credit lead Emma Lovett described the digital debt platform as a significant advancement in digital issuance evolution. It provides clients with opportunities to explore blockchain applications in capital markets for efficiency improvements. The technology unlocks ecosystem-wide efficiencies across bond lifecycles.

The digital debt launch follows February reports that State Street was considering crypto custody services for institutional investors. 

A bank executive indicated that State Street planned to roll out crypto custody services next year, with the institution positioning itself alongside other major custody banks entering digital asset services. 

State Street’s blockchain-based debt issuance represents concrete progress toward digital asset integration beyond speculation about future custody offerings.

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Moxie founder Neonwight outlined the platform’s strategy for combining artificial intelligence (AI) with crypto to create “Sex Capital Markets.”

He said the controversial concept was fundamentally about financial inclusivity and unlocking productivity for marginalized creators. 

He stated in an interview with CryptoSlate:

“Adult creators are one of the most marginalized professions in society. Banks refuse to serve them, and Visa and Mastercard charge north of 10% to 15% processing fees because they view adult content as legal and reputational risk.”

Neonwight detailed personal experiences with banking discrimination, citing instances where his bank blocked OnlyFans payments after two transactions. The bank told him it does not “serve payments in those kinds of industries.”

Neonwight provided specific data on creator earnings, noting that he reached out to adult content creators who generate between $50,000 and $100,000 monthly revenue, translating to $600,000 to $1.2 million annual recurring revenue. 

Despite these successful business metrics, creators cannot access traditional banking services, business loans, or investment opportunities available to other entrepreneurs. Having a revenue stream fully powered via crypto rails could address the debanking issues faced by adult content creators.

Shifting metas

Moxie was born as an AI agent deployed through the Virtuals Protocol. Users could access Moxie’s services through the Agent Commerce Protocol and commission AI-generated adult content, paying $10 worth of VIRTUAL tokens.

Since then, Moxie has experienced some changes. First, it left the Virtuals platform due to policy issues. Then, the same model of commissioned content was applied to a proprietary platform, but using a pre-set model called Jenny.

As of Aug. 12, Moxie offers a chat that emulates a real conversation, where Jenny sends AI-generated content, and users can pay 400 MOXIE tokens to see it.

According to Neonwight, Moxie targets OnlyFans’ core revenue driver. Over 80% of the platform’s $7 billion annual revenue derives from customized one-on-one content. 

He explained:

“It becomes an issue for very famous content creators because they don’t have time to split among their huge fan base. There’s also an issue where, as they get older, it gets more taxing to do particular scenes.”

Moxie’s AI solution enables creators to serve larger audiences while maintaining personal connections through personality-trained chatbots. 

The platform uses a custom-trained video model developed by an AI researcher formerly at Alibaba. The proprietary large language model creates content that allows creators to fulfill requests they might not personally perform while preserving their authentic personality traits.

Strategic partnerships

The platform’s partnership structure maintains human contact while expanding creative possibilities. 

Moxie partnered with model Tori Sweetie to curate AI-generated content and participate through live streaming. The goal is to ensure authentic personality representation while enabling content categories that they might not personally create.

Neonwight said:

“The one-to-one human connection is what sells right now. The AI chatbot is trained based on her personality, and she will stream on our platform to give fans another level of personality interaction.”

Martina Oliveira is a top creator on Privacy, Brazil’s leading adult content platform. She provided a perspective on AI’s impact on the adult content industry. 

When asked about AI-generated adult content potentially harming content creators’ revenue, Oliveira said: 

“I think it hurts real models because some content creators who didn’t record videos, claiming they recorded them just by being pretty, are already doing this. I believe that to get attention now, you have to have more originality, you have to talk, you have to expose yourself more because there are already AIs doing the basics, you have to do more than that.”

However, she noted AI-generated content currently has limitations in video quality, particularly for explicit content.

Furthermore, there is the possibility to partner with platforms that generate AI content, such as Moxie, to increase productivity and test new content.

Oliveira previously worked with a platform offering voice synthesis services where users paid per minute for AI-generated conversations. 

According to her:

“I would definitely close this type of partnership, especially if it generated images, I think that’s what was missing in what I did before.”

Regarding crypto integration with platforms like Privacy and OnlyFans, Oliveira acknowledged potential benefits but noted platform resistance to change. 

She believes crypto will be used on these sites over the years because it makes transactions safer. However, Oliveira concluded:

“But it might take a long time because platforms are kind of reluctant to spend on adding services to the site because they don’t know if it will work.”

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Bitcoin Hyper ($HYPER) is the Layer 2 solution to Bitcoin’s subpar performance that keeps the network miles behind providers like Solana.

Bitcoin’s primary downfall is the protocol’s limitation to 7 transactions per second (TPS), which pales in comparison to Solana’s 1,183 real-time TPS and 2,909 max TPS calculated per 100 blocks.

Even Ethereum racks in three times Bitcoin’s performance with an average of 20.04 and a maximum of 63.24 TPS.

Bitcoin Hyper aims to address this very problem to bring Bitcoin to modern standards in terms of transaction speed and costs.

How Bitcoin Hyper Changes the Bitcoin Ecosystem

Bitcoin Hyper’s ($HYPER) Canonical Bridge is the heart of the project, linking Bitcoin’s native ecosystem to Hyper’s Layer 2. Users can deposit their Bitcoins into the Bridge, which then mints their equivalent into Hyper’s Layer 2.

You’ll send Bitcoins to a designated address, the Canonical Bridge will lock them and mint wrapped $BTC on the Layer-2 for you to use.

The role of the Canonical Bridge is to decongest the Bitcoin network and speed up transaction confirmation with the help of the Bitcoin Relay Program, which verifies and confirms transaction details.

The Solana Virtual Machine (SVM) is another useful addition, enabling the ultra-fast execution of smart contracts and DeFi apps, lifting Bitcoin’s performance to Solana-grade levels.

These tools turn Bitcoin Hyper into a high-end Layer that enables near-instant finality, scalability, and smooth performance, while benefiting from Bitcoin’s security and brand recognition.

Bitcoin Hyper also supports a variety of perks, like swaps, staking, and lending, dev tools for Rust-based smart contracts, and multi-wallet integrations.

Presale Status and Performance

The $HYPER presale started in May and it just broke through the $8M threshold, marking an outstanding performance and showcasing the investor’s trust in the project.

$HYPER is now listed at $0.012625 and comes with a staking APY of 133%.

Holding $HYPER qualifies you for several benefits, including staking rewards, voting rights, and developer bounties.

As a $HYPER holder, you’ll also get privileged access to upcoming presales and beta features before they hit the public sphere.

Coinsult and SpyWolf have audited the presale and deemed it safe for investors. According to the findings, the owners cannot mint new tokens, cannot blacklist addresses, and there’s no risk of a honeypot.

If you want to invest, it’s as easy as visiting the official presale page and buying your $HYPER there.

Bitcoin Hyper Development and $HYPER Price Prediction

What we do know is that Bitcoin Hyper is currently one of the most promising crypto projects of 2025. The project’s roadmap consists of five phases, each with several planned features and upgrades.

Bitcoin Hyper is nearing the end of Phase 2 and plans to reach full maturity in 2025. So, we’re not talking about investing in a several-years-long project; it’s happening now.

Based on the project’s details and scope and $HYPER’s presale performance, our analysts expect a post-launch boom, likely bringing $HYPER up to $0.32 by the end of 2025.

This translates to a 11,781% five-year return rate. An investment as low as $100 could turn into $11,781 in just five years, provided $HYPER doesn’t go even higher.

This prediction isn’t a certainty, but an educated expectation based on the project’s long-term potential and scope.

Should You Buy $HYPER?

Whether you should buy $HYPER or not depends on your risk tolerance and investment strategy. However, given the project’s details and presale performance, we believe that Hyper is on its way to resounding success.

If Bitcoin Hyper manages to succeed where the Lightning Network failed, $HYPER could see wealth-building chart performances over the next two to five years.

This isn’t financial advice. Do your own (DYOR) research and invest wisely.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

OpenAI’s CEO, Sam Altman, overpromised on GPT-5, and real-life results are underwhelming, but it looks like a new update is rolling out that might address some of the concerns.

GPT-5 is a state-of-the-art model. In our tests, BleepingComputer found that GPT-5 does really well in coding. It was significantly faster than the other OpenAI models, including o3.

However, GPT-5 struggles to be ‘creative’ in writing, and it also often fails to switch to its new reasoning capabilities when users expect.

On top of it, we’ve observed that GPT-5 often produces short content when it’s explicitly asked to give more details.

Some believe that GPT-5 is throttling token output to minimize the cost, but OpenAI’s CEO, Sam Altman, argues that a bug caused unexpected problems with GPT-5.

“Yesterday, the autoswitcher broke and was out of commission for a chunk of the day, and the result was GPT-5 seemed way dumber,” Sam Altman wrote in a post on X.

He also added that OpenAI will double GPT-5 rate limits for GPT Plus users, but it’ll take a few days.

“We will let Plus users choose to continue to use 4o. We will watch usage as we think about how long to offer legacy models for,” Sam added.

GPT-5 will also be smarter starting later today, and OpenAI is testing a new toggle that will force GPT-5 to use reasoning capabilities.

“We will make it more transparent about which model is answering a given query. We will change the UI to make it easier to manually trigger thinking.”

GPT-5 is still rolling out for paid and free users, and it may be a while before everyone gets it.

Meanwhile, OpenAI is planning to restore the older models, including 4o for Plus customers.

Right now, you can only use these legacy models when you’re paying $200 for the Pro subscription.