Gemini Seeks Nasdaq IPO Despite $282M Loss in 2025

Rumors are swirling that Donald Trump Jr. may be looking into buying XRP, adding fresh speculation to the token’s growing adoption. Reports suggest that the Trump family could be preparing an investment in the XRP ecosystem. If true, this could mean a big endorsement of Ripple’s technology and the cryptocurrency’s future role in finance.

Expert Sees Growing Interest in XRP

Sal Gilbertie, CEO and Co-founder of Teucrium Trading, says that the trend of big names and institutions moving into XRP and other digital assets is only just beginning. He explained that Bitcoin still leads the market as a clear “digital gold” and store of wealth. However, XRP stands out because of its practical use case in cross-border payments and financial services. As Ripple continues to build solutions for banks and payment providers, Gilbertie expects more investors to see the long-term value of holding XRP.

Crypto as a Boost to Fiat Currencies

Gilbertie also argued that crypto is not a replacement for traditional currencies but rather a powerful complement. “Everybody has to convert their crypto eventually into fiat,” he said, adding that digital assets allow people and institutions to grow their wealth before moving it back into dollars or other national currencies. In his view, cryptocurrencies have been one of the best things to happen to fiat systems in decades.

Institutional Shift Toward Crypto Allocation

According to Gilbertie, a growing number of treasuries, corporations, and even wealthy individuals are rethinking their strategies. With the strong performance of crypto markets in recent years, many are asking why a portion of their reserves should not be allocated to assets like Bitcoin or XRP. He described it as “foolish not to” diversify, given the potential upside.

Combined with Ripple’s expanding partnerships in the banking sector, XRP continues to be seen as a token with strong fundamentals and growth potential in the years ahead.

FAQs

Rumors suggest Trump Jr. may invest in XRP, sparking speculation of family involvement.

A Trump endorsement could boost XRP adoption and investor confidence worldwide.

Bitcoin is digital gold, while XRP powers fast, low-cost cross-border payments.

Treasuries, corporations, and wealthy investors diversify reserves into crypto.

Yes, Ripple’s banking partnerships strengthen XRP’s long-term growth outlook.

Lagrange, a pioneer in zero-knowledge proof generation for AI verification, is back in the spotlight. For those unaware, its flagship product, DeepProve, delivers the fastest zkML system available. Thereby making private AI computations more secure and scalable. Lagrange’s native token, LA has surged sharply, gaining 24% in the last 24 hours and over 30% in the past week.

This rally comes amid rising speculation over a potential buyback program and increasing access to LA through exchange listings, including Toobit’s August 1 listing that recently drove trading volume past $2.1 million.

Lagrange Price Analysis

Lagrange crypto price is being sold on exchanges at $0.4330, up 24.04% in 1 day and 30.51% in 7 days. This is with its market cap climbing to $83.45M. Trading activity is surging, as the intraday volume jumped 286% to $99.55M, reflecting renewed investor participation.

Technically speaking, LA price broke above two major resistance levels. One at its 7-day SMA at $0.366 and the second at 30-day EMA at $0.376. Successively, the RSI at 73.6 signals bullish momentum without entering extreme overbought territory. Going more technical, the MACD histogram flipped positive at +0.013 for the first time since July. Thereby, reinforcing the trend reversal signal.

Bitcoin price today pulled back sharply after touching $123,000, triggering more than $800 million in long liquidations across crypto markets. Analysts warn of near-term weakness but maintain that the broader uptrend remains intact.

The world’s largest cryptocurrency briefly broke above its major horizontal range before facing heavy selling pressure. The rejection sent prices back toward the mid-point of the range, a level many traders view as pivotal in determining whether the rally can sustain.

Bitcoin Price Forecast

On higher timeframes, Bitcoin remains in an uptrend, consistently forming higher highs and higher lows. Yet on the one-hour chart, the asset has posted its first lower low in weeks, a shift that suggests short-term bearish momentum.

Key technical levels:

• Resistance: $120,000, marked by the value area high and anchored VWAP. Sustained recovery above this level would be viewed as confirmation of renewed strength.
• Immediate Support: $118,200, the point of control where the heaviest trading volume has accumulated.
• Major Support: $116,300, a confluence of the golden Fibonacci pocket, daily support, and the 200-day exponential moving average.

Sentiment and Risk

Digital asset management firm Grayscale has filed an S-1 form with the US Securities and Exchange Commission (SEC) to launch a spot Dogecoin ETF. If approved, it will be listed on the New York Stock Exchange Arca. The ETF would trade under the ticker symbol GDOG.

Grayscale Files for Dogecoin ETF 

Grayscale has proposed an ETF that would directly hold Dogecoin, allowing investors to gain exposure to DOGE without actually buying and storing crypto themselves. This is an initial step with the SEC for public companies to list their securities on a US exchange. 

It will simplify the process for traditional investors and could boost DOGE’s accessibility. The SEC filing outlines that the trust will hold Dogecoin as its sole asset, with Coinbase Custody Trust Company serving as the custodian.

The shares will be issued and redeemed in large blocks called “Baskets,” each representing 10,000 shares. Initially, this will be handled through cash transactions rather than in-kind transfers of DOGE. 

When Will the SEC Approve?

Grayscale applied for the Dogecoin ETF in both March and on August 15, 2025. In the first filing, the SEC publicly acknowledged the application and subsequently delayed its decision, keeping it under review. Now, the application filed on Friday reinforces Grayscale’s commitment to bringing a Dogecoin ETF to market. 

Along with Grayscale, companies like Bitwise, Rex Shares, Osprey, and 21Shares are waiting for the SEC Dogecoin ETF approval. 

The expected time for the final decision for most DOGE ETF applications is likely to be released between October 2025 to January 2026. The commission is seeking public comments and utilizing its period of review for 240 days before approving. 

What is the Market Reaction

DOGE price has significantly surged after the frequent ETF applications. The current price has jumped between 2.5% to 6%, peaking at around $0.2314 and boosting its market capitalization to approximately $34 billion. 

FAQs

The SEC decision on DOGE ETFs is expected between Oct 2025 and Jan 2026 after review.

Coinbase Custody Trust Company will serve as the official custodian of DOGE holdings.

Shares will be issued in 10,000-share “Baskets,” initially through cash transactions.

Yes, ETFs make DOGE accessible to traditional investors, fueling mainstream adoption.

Bitcoin’s price faced some volatility ahead of the highly anticipated meeting between Trump and Putin, but has failed to show any big fluctuations after its conclusion.

The altcoins, though, have tumbled over the past 24 hours, led by Ethereum’s substantial decline to well under $4,500.BTC at $117K

The primary cryptocurrency had aneventful week. It all started with a price pump on Monday that drove it from $119,000 to a multi-week peak at over $122,000. The bears reemerged at this point and didn’t allow a breakthrough toward the $123,200 all-time high.

However, such a leg up transpired later on during the week. On Wednesday, bitcoin started to gain traction and flew past its July peak. The culmination took place on Thursday morning when BTCsurgedto $124,500 to chart its latest all-time high.

That rally was short-lived, though. Instead of heading beyond $125,000, the cryptocurrency reversed its trajectory and slumped to $121,000 almost immediately. Itfell furtherto under $118,000 during the day, after the US PPI data for July came out hotter than expected.

More volatility was expected on Friday evening when the presidents of the US and Russia met to discuss a potential ceasefire between the latter and Ukraine. Although they failed to agree on a deal, BTC’s price remained relatively stable at around $117,500.

Its market cap has retreated to $2.340 trillion on CG, while its dominance over the alts is close to 58%.Alts in Red

Ethereum marked an impressive rally over the past few weeks, which culminated a few days ago with a surge to almost $4,800. Thus, the asset came just inches away from its 2021 ATH. However, it failed there and the overall market-wide correction has pushed it to well below $4,500 after a 5% daily decline.

The rest of the larger-cap alts are in the red as well, with SOL, LINK, AVAX, SUI, and HYPE dropping by 3-7%. MNT is the only notable exception. The asset has surged by over 10% and trades at $1.2, while the rest of the alts are in the red.

The total crypto market cap has shed another $80 billion overnight and is down to $4.050 trillion on CG.

Cardano price is showing renewed strength, rising 4.06% in the past 24 hours to $0.9587 and gaining nearly 19% over the week. With a $34.12 billion market cap, the trading volume has sunk 40% to $3.51 billion as profit-taking sets in. Wondering why is Cardano making buzz again? And how far will ADA price go in the short term? Read this analysis for all details.

What’s Driving ADA Price Higher?

Governance momentum: The Cardano Foundation has approved ₳605k ($571k) to subsidize a content-delivery network for developers. Thereby, signaling faster and more efficient decentralized decision-making. Projects like Eternl and Vespr wallets already use this infrastructure, which could drive broader dApp adoption and network utility.

ETF speculation: Grayscale has filed Delaware trust registrations for a potential ADA ETF. Which vouches its strategy before launching its Bitcoin and Ethereum trusts. Although SEC approval is uncertain, the move highlights rising institutional interest, with Grayscale’s Smart Contract Fund already allocating 20% to ADA.

Cardano Price Analysis

ADA price has cleared the $0.84–$0.89 resistance band, which was supported by a 14-day RSI at 71.45 and a positive MACD histogram of +0.0167. This breakout invalidates a multi-month descending channel that had capped price since mid-2022. Historically, similar patterns have preceded major rallies, including the 3,000% move during 2020–2021.