
Investors buy XAUT as Gold tumbles: $2.85B market cap proves ‘safe-haven' demand
XAUT reflects the growing role of tokenized gold within the broader digital asset ecosystem.
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XAUT reflects the growing role of tokenized gold within the broader digital asset ecosystem.

Crypto markets traded in a mixed range early Tuesday UTC, with Bitcoin (BTC) edging higher while major altcoins diverged—a pattern that underscores a cautious tone despite steady spot prices. According to TokenPostMarket data captured at 00:08 a.m.

The proposal could lead to reduced staking participation, impacting network security and decentralization, while making ETH scarcer long-term. Ethereum proposal aims to burn validator rewards to reduce staking incentives.
XRP (CRYPTO: XRP) holders can now borrow Ripple USD (CRYPTO: RLUSD) against their holdings on Ethereum (CRYPTO: ETH) without selling their tokens. New Institutional Backed Lending Market Flare announced Monday that its wrapped version of XRP, FXRP, has been approved as collateral by Sentora, which manages a $280 million RLUSD lending pool.

Could XRP help Japan ease yen pressure without massive asset sales? EGRAG CRYPTO explores how XRPL could improve liquidity and cross-border settlement.

Canaan's strategy highlights the challenges of market valuation for crypto-heavy firms, balancing asset liquidation with shareholder value enhancement. Canaan to sell Bitcoin and ETH holdings to buy back its own stock, citing market undervaluation.

The Brazil-based crypto asset manager will liquidate its U.S. spot Bitcoin ETF later this month, ending a fund that entered the market in 2024.

Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.

Jim Cramer plans to sell all his Bitcoin over quantum-computing fears, but neither his holdings nor any associated wallet has been publicly verified to date. Bitcoin remained near $64,000 despite Cramer's warning, the Coldcard incident, rising bond yields and disclosed sales by corporate holder Strategy this week.

A Bitcoin wallet inactive since 2013 moved 500 BTC, equivalent to $31.3 million; the transaction was detected by on-chain tracker Whale Alert on Monday, August 3. The funds, which were worth approximately $500,000 when they last moved more than 12 years ago, were transferred entirely to a new address.

LayerZero's dominance in cross-chain transfers highlights the growing importance of interoperability, but faces challenges from emerging competitors. LayerZero's OFT standard accounts for 87% of cross-chain transfer volume.

A governance proposal on the Solana network seeks to transform the SOL token supply dynamics through two improvement documents submitted simultaneously, SIMD-0550 and SIMD-0553, which would act on circulation from opposite ends.

Sequans Communications (NYSE: SQNS) trimmed down its Bitcoin treasury to 314 coins during the second quarter and wiped out its convertible debt, the French chipmaker said Tuesday, August 4, as CEO Georges Karam steers the company back toward its IoT semiconductor business.

BitGo designates Chainlink CCIP as the sole cross-chain infrastructure for WBTC operations.

Aptos launched Confidential APT on its mainnet, a feature that encrypts balances and transaction amounts using zero-knowledge proofs. Wallet addresses remain visible on the network, meaning the sender and receiver are still identifiable even though amounts are hidden.