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Crypto

Cardano posts top weekly gain among top 100 crypto assets as whale buying and development progress draw focus

Cardano has risen 25.03 percent over the past seven days, the biggest weekly gain among the top 100 cryptocurrencies by market value. ADA briefly climbed to $0.1956 on Aug. 4, according to The Crypto Basic. Santiment highlighted a drop in wallets with balances, while saying large investors increased accumulation. Whale wallets bought 240 million ADA in five days, lifting holdings to 14.5 billion ADA. Santiment also cited progress in testnet and scaling work.

Crypto

Clarity bill progress highlights regulatory clarity as U.S. institutional money moves into XRP

U.S. institutional money is moving into spot XRP exchange-traded funds, with daily net inflows of $5.66 million, while $698,040 left Hyperliquid-related funds, U.Today reported. The shift comes as U.S. Senate talks on the Clarity bill pick up pace. The bill would place oversight of digital commodities under the CFTC, leaving only securities-classified tokens to the SEC. Other altcoin spot ETF flows remain largely stalled.

Crypto

Moonbeam shifts from Polkadot parachain to Base, unveils AI agent framework

Moonbeam is shifting its focus from a Polkadot parachain to Ethereum layer-2 Base and is pursuing an AI agent communication and settlement network called the Moonbeam Protocol. It told GLMR holders to bridge tokens to Base by July 31, 2026. Tokens locked in lending markets, staking contracts and other DeFi protocols are included, while tokens held on centralized exchanges require no separate action.