Crypto
$43M Burn vs $378M Raised: PUMP’s Fire and ARB’s Surge Fall Under BlockDAG’s Shadow
Two names have filled charts this week, PUMP and Arbitrum (ARB). Yet in the background, BlockDAG (BDAG) is quietly building a foundation with millions already mining. PUMP caught fire after a giant buyback, and Arbitrum ran higher on key ecosystem resets. Traders may chase green candles, but the long-term story belongs to traction.
BlockDAG has built exactly that. With 2.5 million X1 mobile miners now active, plus a live demo connecting the X1 app with the X10 miner, the project has shown its system works outside theory. It has also secured visibility with sports partnerships that connect BDAG to mainstream audiences.
In a market that often rewards speed, BlockDAG shows the advantage of repeatable growth. PUMP has heat, ARB has tailwinds, but BlockDAG has usage, and usage lasts.
PUMP: Buyback Heat and Market Tension
PUMP jumped about 15% to $0.004020 on nearly $500 million in 24-hour trading volume after Pumpfun carried out an $11.645 million buyback on August 12, its second-largest ever. Hours later, another 175.3M tokens (~$705K) were taken from the market, lifting total repurchases above 7.66B tokens worth over $43M.
The plan is clear: cut supply, build confidence, and ride momentum. Charts back the move. The MACD sits bullish, RSI near 60 shows strength without flashing overbought, and volumes confirm strong interest.
The test is at $0.00420. Break and hold, and eyes turn to $0.00450–$0.00500 with a mid-term path toward $0.00600. Failure risks a fall back to $0.00385 support. Longer-term models show potential near $0.012–$0.015 by 2025. But buybacks alone will not get it there—it needs supportive markets too.
Arbitrum: Recovery Gains and Chart Strength
Arbitrum (ARB) gained over 15% in a day and nearly 40% in a week, now near $0.5464 with $1.45B in daily volume. This rise is tied to repair work and upgrades. GMX’s $44M hack repayment plan restored confidence, while Offchain Labs’ purchase of ZeroDev pointed to a stronger developer base.
Technically, ARB broke above $0.53 (23.6% Fib) and now trades above its key averages, with the 200-day SMA at $0.388 and 7-day EMA at $0.467. This shows momentum has shifted firmly upward.
The RSI sits near 71.6, high but not extreme. First supports are $0.54 and $0.4931. On the upside, watch $0.5828 and $0.60. With a positive MACD histogram (+0.0121), the trend favors buyers. The only brake in the near term could be profit-taking.
BlockDAG: 2.5M X1 Miners, $378M Raised, and Sports Partnerships Driving Growth
While PUMP and ARB spark short-term runs, BlockDAG is shaping a longer play. The project already has 2.5 million X1 mobile users mining daily, proving that BDAG can spread without complex setups or costly rigs. This wide base formed before listing shows the power of easy access.
In July, BlockDAG staged a live demo that linked the X1 app with the X10 miner. It proved that anyone mining on a phone can scale to serious output using Wi-Fi, Bluetooth, or Ethernet. The result is a smooth path from casual to advanced mining.
Visibility is also expanding. Partnerships with the Seattle Seawolves (rugby) and Seattle Orcas (cricket) place BlockDAG in stadiums and on broadcasts worldwide. These deals go beyond branding, weaving BDAG into fan rewards, NFTs, and behind-the-scenes content.
Financially, the results match the reach. The presale has raised over $378 million, with BDAG priced at $0.0276 in Batch 29 ahead of a launch price of $0.05. More than 25.2 billion coins have been sold, alongside over 19,300 miners sold, generating $7.8M in miner sales. Early supporters from Batch 1 are already up 2,660%, showing the strength of the run so far.
By blending mass participation, working demos, sports deals, and miner sales, BlockDAG has built traction most presales only dream of. In contrast to quick rallies, this mix builds staying power.
Final Takeaway
This week’s scoreboard looks like this: PUMP gained fuel from buybacks, Arbitrum restored confidence and broke higher, while BlockDAG proved it has real daily use. PUMP’s key line is $0.00420, ARB’s hurdle is $0.60, and BlockDAG’s numbers speak for themselves: 2.5M miners, $378M raised, 25.2B coins sold, and $7.8M in miner sales.
The difference is clear. PUMP and ARB thrive on momentum and recovery, while BlockDAG grows through habits, reach, and adoption. Mining, watching, and engaging daily is a cycle that repeats even when charts slow down.
In a market where hype fades, the projects that build lasting habits win. That is why the strongest headline may be the quietest: millions showing up daily because the door is open and the next step is simple.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Crypto
ChimpX AI Announces Final Pre-Sale of SuperApp on BNB Chain: Grab $CHIMP at $0.25 Before February Listing
As the broader cryptocurrency market begins its much-anticipated structural recovery, the window is rapidly closing for investors to gain early-stage exposure to one of the year’s most significant “DefAI” projects. ChimpX AI has officially entered its final pre-sale phase on the AlphaMind launchpad, offering the global community a final chance to acquire the $CHIMP token at a strategic valuation before it transitions to public trading on PancakeSwap later this month.
The timing of this launch is critical. Following a turbulent start to 2026, Bitcoin and BNB are signaling a definitive reversal. As capital rotates back into utility-driven ecosystems, ChimpX AI is positioning itself as the premier “SuperApp” for the BNB Chain. This final pre-sale round on AlphaMind is not merely a fundraising event; it is the final gate before the protocol enters the open market with a functional product and a rapidly growing user base.
The AlphaMind Advantage: A Strategic Entry Point
The AlphaMind round is specifically structured to reward early conviction. Following sold-out IDOs on premier platforms like SPORES and Poolz Finance, ChimpX AI has reserved this final allocation for retail participants at a price point of $0.25 per token. With a $4 million Fully Diluted Valuation (FDV) at the pre-sale level, $CHIMP represents a rare opportunity to enter a high-utility infrastructure project before the typical “listing volatility” associated with top-tier DEX launches.
Furthermore, the round features a 25% unlock at the Token Generation Event (TGE). For participants, this provides a significant liquidity advantage, allowing them to benefit from the initial market momentum immediately upon the PancakeSwap listing.
Mojo: The Tech Driving the Hype
The frenzy surrounding the $CHIMP pre-sale is driven by the successful launch of the Mojo SuperApp (available at app.chimpx.ai). Unlike many speculative AI projects that offer “vaporware,” ChimpX AI has delivered a working product that addresses the biggest barrier to DeFi: Gas Fees.
By integrating Account Abstraction on the BNB Chain, Mojo allows users to trade, lend, and manage assets without ever needing to hold gas tokens. This “invisible blockchain” experience—where the complexity of Gwei and gas limits is abstracted away by AI—is widely considered the “Holy Grail” for retail onboarding in 2026.
Countdown to PancakeSwap
The urgency for the AlphaMind round is high, as the project prepares for its primary listing on PancakeSwap in February. Market analysts note that similar AI-driven DeFi projects on the BNB Chain have seen massive price discovery post-listing, especially when backed by a functional product.
Investors can participate by visiting https://app.alphamind.co/ido/6989a7df51f2ab92207ec335?invite=rmzD-2dY
The process is streamlined to allow for quick commitments with a maximum ticket size of $15,000 per wallet.
Official Ecosystem Links:
- SuperApp: app.chimpx.ai
- Website: www.chimpx.ai
- Telegram: https://t.me/chimpxofficial.
Crypto
What Drives XRP Price? Ripple Insider Highlights Liquidity Over Hype
Greg Kidd, an early executive at Ripple and a long-time figure in the cryptocurrency space, has shared fresh insights into what truly drives XRP’s long-term relevance. Rather than focusing on short-term price fluctuations, Kidd argues that liquidity and supply dynamics are the most critical factors determining XRP’s role and sustainability within the global financial system.
According to Kidd, XRP’s value proposition lies in its ability to function efficiently within payment infrastructure, not in speculative price movements. He believes that without deep and reliable liquidity, XRP cannot fully perform its intended purpose, regardless of how high its market price may rise.
Early XRP Investment Reflects Long-Term Conviction
Kidd revealed in a past interview that he still holds a substantial XRP position, having acquired roughly 1% of the total XRP supply more than five years ago. This investment predates the wave of institutional adoption and modern crypto market infrastructure, underscoring his long-standing confidence in XRP as a financial utility rather than a speculative asset.
His early involvement gives him a rare, long-term perspective on how real value is created within blockchain ecosystems. Kidd views XRP as a tool designed to solve liquidity challenges in global finance, not simply as a vehicle for price appreciation.
XRP’s Role as a Bridge Asset in Ripple’s Ecosystem
Kidd emphasized that XRP’s primary function is to act as a bridge asset within Ripple’s payment network. While Ripple builds enterprise-grade systems for cross-border transfers, XRP enables seamless movement of value between different fiat currencies.
He noted that XRP’s effectiveness is independent of Ripple’s corporate performance. Instead, the token’s strength lies in its ability to provide fast, cost-efficient liquidity across markets, making it suitable for large-scale transactional use.
Liquidity Matters More Than Price
A key takeaway from Kidd’s commentary is that liquidity outweighs price when it comes to XRP’s utility. High liquidity allows participants to move in and out of positions quickly, with minimal slippage—an essential requirement for institutional and cross-border payment use cases.
Kidd explained that even if XRP’s price increases, a lack of deep and efficient markets would limit its usefulness. In contrast, strong liquidity enables XRP to function as a reliable transactional instrument within the global payments ecosystem.
Supply, Demand, and Long-Term Price Potential
While liquidity is central to XRP’s role, Kidd acknowledged that supply constraints and rising demand naturally influence price over time. As adoption grows and markets mature, increased demand relative to available supply could support long-term price appreciation.
However, he stressed that any meaningful upside would be driven by real usage and sustained participation rather than speculation. In his view, price growth should be a byproduct of utility, not the primary objective.
Ripple’s Vision for Blockchain-Based Banking
Beyond XRP, Kidd has shared a broader vision for Ripple’s role in transforming traditional finance. Speaking at the XRP Las Vegas conference in June 2025, he suggested that blockchain technology could modernize legacy banking systems and integrate traditional institutions into decentralized networks.
In his current role as CEO of Vast Bank, Kidd is working on issuing FDIC-insured U.S. dollar tokens on the XRP Ledger. These tokens operate under a fractional-reserve model and aim to deliver capital efficiency, interest generation, regulatory protection, and 24/7 cross-border payment capabilities. He also plans to expand this framework to other currencies, including the British pound and the euro.
Conclusion
Greg Kidd’s perspective reinforces the idea that XRP’s long-term success depends far more on liquidity, structured adoption, and real-world utility than on short-term price action. While price appreciation may follow as markets deepen, Kidd believes XRP’s true value lies in its ability to function as a reliable bridge asset within a modernized global financial system.
Crypto
Supreme Court Decision Expands Crypto Seizure Powers in South Korea
South Korea’s Supreme Court has delivered a landmark ruling that significantly reshapes how cryptocurrency is treated under criminal law. In a historic decision dated December 11, 2025, and made public in early 2026, the court ruled that Bitcoin held on domestic cryptocurrency exchanges can be legally seized during criminal investigations under the Criminal Procedure Act.
The ruling brings long-awaited clarity after years of legal uncertainty surrounding whether digital assets qualify as seizable property in criminal cases. The case stemmed from a police investigation into alleged money laundering, during which authorities seized 55.6 Bitcoin from an individual’s account on a local cryptocurrency exchange. The defense argued that Bitcoin, being intangible, could not be classified as property subject to seizure. However, the Supreme Court firmly rejected this argument.
In its reasoning, the court explained that “seizable property” under the Criminal Procedure Act is not limited to physical assets. Instead, it also includes electronic data and other forms of property that hold economic value. The justices concluded that Bitcoin meets these criteria, describing it as an electronic asset that can be independently managed, traded, and economically controlled. As a result, it can be confiscated when legal conditions are satisfied.
The ruling further confirmed that digital assets stored in custodial exchange wallets—such as those operated by major Korean platforms—fall within the scope of lawful seizure. This interpretation aligns with previous judicial views in South Korea, which have already recognized virtual assets as non-tangible property with real economic value.
Implications for Law Enforcement and Crypto Exchanges
This decision is expected to significantly strengthen prosecutorial powers in crypto-related criminal cases, particularly those involving money laundering, fraud, or the concealment of illegal proceeds through digital assets. By resolving a long-standing legal debate, the ruling removes a major obstacle that previously complicated enforcement actions involving exchange-held cryptocurrencies.
Legal experts note that the decision is consistent with South Korea’s broader regulatory stance on digital assets. Over the past year, authorities have increased scrutiny of the crypto sector and imposed penalties on several exchanges for violations related to anti-money laundering compliance.
While the ruling does not directly impact lawful users of cryptocurrency, it is likely to encourage exchanges to enhance their cooperation with law enforcement agencies. This may include faster response mechanisms, improved asset-freezing procedures, and stronger internal compliance systems to meet legal obligations.
Overall, the Supreme Court’s decision marks a major step forward in the legal treatment of virtual assets in South Korea. By clearly stating that Bitcoin held on exchanges is subject to seizure under criminal law, the ruling provides much-needed guidance for investigators and prosecutors. As the crypto landscape continues to evolve, this precedent is expected to play a critical role in shaping future enforcement practices within South Korea’s digital asset ecosystem.
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