Latest Crypto News & Market Updates

Xanadu takes C$195 million from Ottawa and still sends its chip packaging abroad

Xanadu on Friday received a C$195 million repayable loan from Canadas federal government to build a photonics manufacturing facility in Toronto.　　The quantum computing company still outsources most of the chip packaging and assembly to contractors in other countries.　　Inception fills a 158,000-square-foot Campbells Soup factory in Etobicoke　　Xanadu signed a definitive agreement for the funding, which is a repayable contribution through Innovation, Science and Economic Development Canadas Strategic Response Fund, the successor to the Strategic Innovation Fund.　　The loan is for the establishment and operation of the facility over the next five years, and the company will have to make a significant co-investment of its own.　　The C$195 million is about half of the up to C$390 million Xanadu has been seeking from both Ottawa and the Ontario government.　　The request is part of Project OPTIMISM, expected to cost C$893 million in total and create up to 275 highly skilled jobs.　　According to a press release from Xanadu, the federal commitment is the largest government investment in quantum manufacturing in Canadian history. CEO Christian Weedbrook said he hopes Ontario money will follow, but he had no firm update on those talks.　　The plant has a name, Inception, borrowed from the Christopher Nolan film, and an unusual address.　　It

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XRP Price Prediction 2026: XRP Rips 50% From $1 As Dogecoin Shows Why Pepeto Could Deliver The Biggest Returns This Cycle

The XRP price prediction opens at $1.38, with $1.35 holding as support and sellers waiting at $1.70, then $2.00.Here is the honest part before any chart: even the best XRP outcome will not change your life. Nobody got rich in this market doubling money on a top-ten coin.　　They got rich buying a meme coin nobody respected yet, and that trade is open again right now. That name is Pepeto, still in its exclusive early round, and every wallet taking that entry before Binance lists is buying in at a level that never comes back.　　XRP Breaks $1.38 After a 50% Weekly Rally as Sell Walls Define the Ceiling　　XRP ripped 50% in seven days, climbing from below $1.00 to $1.48 while XRP ETFs posted their best inflow day of the year on Friday, according to CryptoPotato. That followed CryptoQuants Bull Score jumping from 30 to 80, unseen since BTC held above $120,000. The buying is real.　　And still, none of it changes the math. Clearing the walls overhead takes institutional size the stalled CLARITY Act has kept sidelined, which is the problem with every big coin: the higher it climbs, the more each next step costs.　　XRP Price Prediction Meets the 300x Presale That

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Honda and Nissan vehicles to have one OS and onboard computer

Honda and Nissan are expected to agree as soon as Monday to develop one operating system and one onboard computer for their vehicles.The shared tech is for models due about 2029.　　Mibe and Espinosa split the engineering bill after a failed merger　　Honda CEO Toshihiro Mibe and Nissan CEO Ivan Espinosa walked away from a merger attempt.　　A common operating system and a shared onboard computer let them split the engineering bill for the software-defined vehicle. Features are in code, which updates over the air, not baked into fixed hardware.　　The target for fitting the joint system into new cars is 2029. Nissan is the weaker financially, and that makes sharing all the more sensible.　　The maker of the Leaf EV and the Infiniti luxury line posted a loss for the April to June period following a full year in the red. It has eliminated jobs and brought Espinosa as the new chief to spearhead a turnaround, according to Cryptopolitan.　　President Donald Trump‘s tariffs are squeezing Japan’s carmakers, and Nissan is feeling the pinch.　　Nissan road-tests Wayves Level 2 tech in Ariya EVs in Tokyo　　Nissan has begun public road trials in Tokyo with British startup Wayve.　　According to Cryptopolitan, Nissan Ariya electric models have had Wayves “eyes on,

08-29Industry

SBI Holdings Invests $270M in Indonesias Ajaib Group

SBI Holdings has invested $270 million in Ajaib Group, a company based in Indonesia, which accounts for approximately 20% of the group. The agreement reinforces SBIs presence in the fast-growing digital asset space in Asia. It also gives Ajaib greater financial backing as it broadens access to investments and digital assets.　　Expanding Digital Asset Reach　　Ajaib now joins SBI‘s growing network across Asia’s financial technology sector. The Indonesian platform offers stocks, bonds, funds, ETFs, commodities, foreign exchange, and crypto assets.　　Additionally, Ajaib provides stablecoins and OTC settlement services for companies and institutional investors. Consequently, the partnership could connect more Indonesian investors with SBIs broader digital asset ecosystem.　　The investment also ranks among Indonesias largest technology funding rounds since 2022. Moreover, Ajaib has raised more than $500 million since launching in 2019.　　Building a Regional Network　　SBI aims to strengthen its Southeast Asian presence through its APAC Digital Economic Zone strategy. In addition to Ajaib, SBI also has crypto platforms in Japan and Singapore.　　The group also has a global crypto market maker called B2C2 and several blockchain projects under its wings. These are the stable coin JPYSC yen and financial blockchain Strium.　　Disclaimer: The information presented in this article is for informational and educational purposes only. The article

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Coinbase Whales Blocking XRP Price Volatility as Analyst Predicts Outlook for September

Key Insights:XRP price faces whale sell walls at $1.53, $1.60, and $1.70 as Coinbase activity limits sharp moves.XRP whales ended a five-day net selling streak with a return to net buying before slight selling resumed.Ripple coin posted a 36.9% August gain, raising attention on its historical September performance.　　XRP price remained in focus as Coinbase whales placed buy and sell walls around the market, limiting sharp moves. Market analyst EGRAG Crypto also highlighted XRPs strong August performance, noting that history could give the Ripple coin a bullish setup for September.　　XRP Price Faces Whale Walls At Key Levels　　The XRP price was facing resistance from large orders linked to Coinbase whales, according to market commentary shared on social media. These whales were said to be placing sell and buy walls on both sides of the market, helping to limit sudden price swings.　　The activity suggested that large holders were playing a role in keeping XRP within a tighter range rather than allowing a sharp move in either direction. According to the post, whale sell walls were also visible at $1.53, $1.60, and $1.70.　　However, the price targets and levels presented in this article are based on technical analysis and should not be interpreted as guarantees

08-29Industry

Capital Bs €21 million Bitcoin raise comes with heavy warrant dilution risk

Bitcoin treasury company Capital B plans to raise €21 million and use the proceeds, along with operating funds, to buy another 270 Bitcoin.　　Related Asset Bitcoin #1 BTC · $77,711.39 24-hour change: down 3.12% 24H Down 3.12% 7D Down 1.19% 30D Up 21.58%　　The immediate deal would leave the companys stated measure of Bitcoin backing per diluted share almost unchanged, while four warrants attached to each new share create a larger layer of contingent dilution.　　The company announced a private placement of 36,219,070 shares with attached warrants at €0.58 per unit. That would produce €21.01 million in gross proceeds and an estimated €19.9 million after fees.　　Closing was expected on Aug. 31 at the earliest, meaning neither the shares nor the planned Bitcoin purchase was complete when the deal was announced. Capital B said the proceeds and operating funds could lift its treasury from the 3,145 BTC confirmed on Aug. 17 to a potential 3,415 BTC.　　The immediate Bitcoin-per-share math is flat　　On the diluted shareholder bases displayed in Capital Bs Aug. 28 release, the company had about 7.4725 BTC per million shares before the placement. Combining the proposed 3,415 BTC with the post-placement diluted count of 457,096,891 shares produces about 7.4711 BTC per million shares.　　That

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Walmarts 1970 IPO Still Has a Lesson for SpaceX Buyers

A $1,000 investment in Walmart when it went public in 1970 would be worth about $38.9 million today. That makes Walmart the biggest IPO in US history, in terms of investment return. 　　The result is striking because Walmarts IPO was tiny by modern standards. It raised less than $5 million. SpaceX, which completed the largest IPO in US history this June, raised tens of billions. So how did such a small listing produce such an enormous return？　　How Stock Splits Turned $1,000 Into $38.9 Million　　When Walmart went public in October 1970, it sold 300,000 shares for $16.50 each, raising just $4.95 million. Its shares became much more valuable over the following 56 years. But looking at Walmarts share price today tells only a small part of the story. The key is stock splits.　　A stock split gives investors more shares without changing the total value of their investment at the time. If a company does a two-for-one split, for example, someone holding one share suddenly owns two.　　Walmart has done this 12 times since its IPO. As a result, one Walmart share bought in 1970 has turned into 6,144 shares today.　　10 companies that delivered the biggest returns since their IPO. Source: Taurex　　“The figure

08-29Industry

Kevin Warsh says he may hike interest rates this year at Jackson Hole

Trump-appointed Federal Reserve Chairman Kevin Warsh made clear during his Friday appearance at Jackson Hole that interest rates could get hiked this year if inflation refuses to settle down fast enough.　　Kevin said summer inflation figures came in cooler than expected, but that was not enough to show the bigger trend had changed. “While this summers [inflation] readings were better than expected, they do not tell me that underlying trends have meaningfully improved.” Inflation is running too hot for the Fed to ease up just yet.　　Kevin said the central bank wants evidence that inflation is heading back toward its 2% goal quickly enough. “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do. Thats our job, our mandate and our charge to keep,” he said.　　CME Group (NASDAQ: CME) data showed traders pushing the chance of a September increase to 55.7%, roughly 20 percentage points higher than Thursday. The Fed will announce its next decision on Sept. 16.　　Discover more　　NEWS　　FINANCE　　Brokerages & Day Trading　　Kevin keeps inflation front and center as markets price in another hike　　Heather Long, chief economist at Navy Federal Credit Union, said Kevin had “opened the door to a

08-29Industry

Bitwise Solana ETF Hits $1 Billion Milestone in 10 Months

Bitwise has hit a big milestone with its Solana Staking ETF, crossing the $1 billion asset under management milestone. The fund has reached that level in just 10 months. This development also stands as a testament to the ongoing investor interest despite the difficult year for cryptocurrencies.　　The milestone arrives as Solana continues recovering from a steep market downturn. Solana has gained nearly 45% over the past month, although it remains about 60% below its record high.　　The Bitwise Solana Staking ETF, BSOL, just crossed $1 billion AUM—exactly 10 months after its launch.　　Most of the approximately $1 billion of inflows have come in a bear market, an impressive indication of investor conviction.　　Grateful to investors for trusting Bitwise to… 　　Strong ETF Demand Despite Market Pressure　　Besides BSOLs growth, spot Solana ETFs have attracted $1.7 billion in cumulative flows. Notably, the category has avoided a prolonged period of net outflows since launching.　　Cumulative trading volume in the spot Solana ETFs has also reached over $13 billion since September 2025. This indicates that investors still see Solana as an institutional opportunity for the long-term.　　Discover more　　Finance　　FINANCE　　Financial Markets News　　The shares of BSOL, however, are still roughly 40% off their list price. The gap reflects the impact of market conditions

08-29Industry

Bitcoin Cools Off After $3 Billion ETF-Driven Surge

Bitcoin slid Friday afternoon, cooling down after a phenomenal run following huge investment from U.S. ETF buyers.　　The leading cryptocurrency was trading for $77,379 on Friday afternoon in New York after dropping more than 3% over a 24-hour period.　　Bitcoin hit a high this week of $81,281 but slowed down after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the central bank — saying on Friday that he had “more work to do” to fight inflation.　　The Bitcoin price has in the past dropped when the Federal Reserve thinks inflation is too high because it means less chance of a rate cut; the leading cryptocurrency typically does better in a low-interest rate environment.　　JUST IN: ???????? U.S. Bitcoin ETFs have brought in $1.14 billion in inflows this week.　　Over $3 billion has been added in the past 9 days! 　　Bitcoin started surging last week after the U.S. Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets have benefited.　　Exchange-traded funds, managed by the likes of BlackRock, Fidelity, and Grayscale have received net positive inflows for nine days in a row, according to Farside Investors data. Last week was

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