Category: Crypto News, News
Grayscale, XRP & Cryptos – American Wrap 07 August
Grayscale announced on Wednesday the establishment of two new crypto Trust funds for Bittensor (TAO) and Sui (SUI) tokens. The move adds to the firm’s growing list of decentralized AI funds.
Ripple (XRP) made a comeback above key support at $0.50 after the recent correction in the crypto market. On-chain data shows traders losing interest in the altcoin after a massive sell-off event on August 5. 
Santiment data shows traders realized millions in losses, a likely sign of capitulation.
Bitcoin trades above $57,000 early on Wednesday, as Morgan Stanley advisors gear up to offer BTC Spot Exchange Traded Fund (ETF)to their clients.
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