Latest from Parikshit Mishra
Ark Invest Dumps Nearly $45M Worth of Circle Shares as U.S. Senate Passes GENIUS Act
The GENIUS Act is seen as a major win for stablecoin issuers like Circle and the crypto industry at large.

Kraken-Backed Ink Foundation to Airdrop INK Token, Starting With Aave-Powered Liquidity Protocol
Participants in the protocol will be eligible for INK airdrops, with further details to be announced. However, INK enters a crowded market where most new tokens, even those with venture backing and protocol traction, tend to trend downward after launch.

SHIB Long-Short Ratio Slides as Over $1.8M in Bullish Bets Liquidated
The long-short ratio in the perpetual futures market has fallen to 0.9298, indicating bearish sentiment among traders.

Bitcoin Traders’ Are Looking at a Key Data Point in Fed Meeting and It's Not Interest Rate Decision
The Federal Reserve is expected to keep interest rates unchanged, with a decision announcement scheduled for Wednesday at 18:00 UTC.

XRP, ADA Lead Crypto Majors Slide, While Bitcoin Watchers Target Return to Highs in Q3
Fresh policy moves on stablecoins and bitcoin's long-term holder activity are signs for some traders to remain mid-term bullish.

XRP Gets Another DeFi Boost Through Flare’s FAssets and FXRP, Messari Says
Trading platform Uphold, which holds 1.8 billion XRP, is looking to integrate FXRP. Separately, NASDAQ-listed VivoPower has committed $100 million in XRP for deployment on the Flare network.

Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit
The hacker could only swap $25,000 worth of the token due to low liquidity.

Bitcoin Rewards Firm Fold Secures $250M Facility to Expand BTC Holdings
The facility grants the company the right to issue and sell new shares pending regulatory conditions.

Stablecoin Clearing Startup Ubyx Raises $10M Round Backed by Galaxy, Coinbase, Others
The firm's stablecoin clearing system aims to facilitate adoption by solving the stablecoin sector's fragmentation problem.

Bitcoin Cash-Bitcoin Ratio Smashes Triangle Pattern; HYPE Rally May Be Over
Bitcoin cash has broken out of a triangle pattern against bitcoin.

