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Crypto

PEPE, TRUMP also dropped as 2 Japanese exchanges stop trading 9 cryptocurrencies

Japanese cryptocurrency exchanges SBI VC Trade and Bitpoint will stop handling a total of nine cryptocurrencies. From October, they plan to phase out services starting with purchases and recurring buys, followed by selling and deposit and withdrawal services. SBI VC Trade will drop Aptos, Ethereum Classic and Oasis. Bitpoint will stop six tokens including BNB, PEPE and Official Trump. Any remaining assets will be sold and converted into yen for customers.

Crypto

Robinhood memecoin launch? CEO reaction fuels market expectations

Interest is growing in whether Robinhood could expand its memecoin lineup after CEO Vlad Tenev (블라드 테네프) reacted to a memecoin-related post. A community has interpreted the reaction as a signal of an expansion push, U.Today reported. The reaction began when an X user shared a July post proposing a “Robinhood memecoin.” Robinhood has gained momentum in crypto since launching Robinhood Chain, an Ethereum-compatible layer 2 network, and chain metrics have also lifted expectations.

Crypto

XRP rally tops top 100 cryptocurrencies by gains

XRP surged as much as about 24 percent on Aug. 20, the biggest gain among the top 100 cryptocurrencies by market value. It climbed to about $1.26 and was up about 31 percent over seven days. XRP’s rise outpaced other major altcoins. With a market value of about $79.15 billion, it ranked fifth among cryptocurrencies, with about $6.34 billion in 24-hour trading volume.