CryptoAppsy, a newly launched mobile application, is making waves in the cryptocurrency world by offering real-time market tracking and automated portfolio management. Available on iOS and Android platforms, CryptoAppsy provides investors with instant insights into price movements for major cryptocurrencies like Bitcoin (BTC-USD) and emerging altcoins, helping users stay ahead in a volatile market.

Real-Time Market Tracking Made Simple

One of the standout features of CryptoAppsy is its real-time price tracking system. The app aggregates data from global exchanges and updates prices almost instantly, allowing investors to make informed decisions without delays. Whether you’re a novice trader or a seasoned investor, CryptoAppsy ensures that you have access to timely information to capitalize on market trends and potential arbitrage opportunities.

Automated Portfolio Management for All Traders

CryptoAppsy also offers a dynamic portfolio management system. Once users input their digital holdings, the app continuously updates portfolio values based on current market rates. This automated system provides a clear picture of gains and losses, eliminating the need for manual tracking. Users can also set customizable price alerts to monitor specific assets, ensuring they remain aligned with their trading strategies without constant screen monitoring.

Curated Crypto News for Smarter Decisions

In addition to portfolio tools, CryptoAppsy includes a multilingual curated news feed. Edited by financial professionals, the feed ensures accuracy and relevance while filtering out unreliable social media speculation. Investors can focus on news about Bitcoin (BTC-USD), Ethereum (ETH-USD), and other digital assets that matter most to their portfolios. This combination of news, price tracking, and portfolio management creates a comprehensive crypto ecosystem within a single app.

Zero Friction Philosophy for Ease of Use

The app follows a “Zero Friction” design philosophy, emphasizing seamless navigation and intuitive user experience. CryptoAppsy eliminates barriers like registration requirements, making it accessible to anyone with a smartphone. Investors can download the app for free from the App Store or Google Play and begin tracking their favorite cryptocurrencies immediately.

Democratizing Access to Crypto Data

CryptoAppsy represents the broader trend of democratizing financial tools for retail investors. By providing real-time insights and professional-grade portfolio management in an accessible format, the app levels the playing field in cryptocurrency investing. Users can react quickly to market shifts, make data-driven decisions, and manage their assets more efficiently than ever before.

Navigating the Future of Cryptocurrency

The launch of CryptoAppsy comes at a time when the crypto market is expanding rapidly and regulatory scrutiny is increasing globally. Investors are seeking reliable, transparent tools that allow them to navigate this fast-paced environment. By combining real-time data, automated portfolio management, and curated news, CryptoAppsy addresses these needs and positions itself as a vital resource for both newcomers and experienced traders.

As cryptocurrency adoption continues to grow, apps like CryptoAppsy are likely to play a critical role in shaping investor behavior. By providing accurate, timely information and user-centric tools, CryptoAppsy empowers investors to make smarter decisions, manage risk effectively, and capitalize on opportunities in a highly dynamic market.

Why CryptoAppsy Stands Out

Unlike many other crypto apps that require registration or limit functionality behind paywalls, CryptoAppsy offers full access without barriers. Its combination of real-time tracking, automated portfolio updates, and curated news makes it a one-stop platform for crypto enthusiasts. Furthermore, the app’s intuitive interface and multilingual support make it accessible to users worldwide. For investors seeking a reliable, comprehensive, and easy-to-use tool to navigate volatile crypto markets, CryptoAppsy delivers a uniquely powerful solution that could redefine how digital assets are managed on mobile devices. It not only tracks prices and portfolios but also educates users with insights, helping both beginners and experts optimize their crypto strategies.

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TORONTO, Aug. 14, 2025 /CNW/ – The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (“INX” or the “Company”), the owner of INX.One—a security token and digital asset trading platform, U.S. broker-dealer, alternative trading system, and transfer agent—announced today its financial results for the second quarter ended June 30, 2025.

The financial performance for the second quarter of 2025 reflects the Company’s continued progress in enhancing its infrastructure, expanding platform capabilities, and positioning itself for scale under its pending acquisition by Republic. All balances are in U.S. Dollars.

During Q2 2025, the acquisition of INX by OpenDeal Inc. (d/b/a Republic) advanced significantly, with approvals secured by INX shareholders, the Canadian court, and FINRA (the U.S. Financial Industry Regulatory Authority), among others. The transaction is now progressing toward completion.

• Balance Sheet Position: As of June 30, 2025, INX held total working capital of $1.9 million and adjusted working capital of $10.6 million, excluding the Reserve Fund and INX Token liability.
• Q2 Trading and Transaction Fees: Trading and transaction fees for Q2 totaled $52K, compared to $104K in the same period in 2024.
• Net Loss: The net operating loss for Q2 was $4.2 million, compared to $3.8 million in Q2 2024.
• Reserve Fund: A reserve fund of $34.3 million continues to be maintained for the protection of customer funds.
• Cash Flow: Net cash used in operating activities during Q2 was $5.8 million.

Q2 2025 was marked by significant advancements in user experience, banking infrastructure, and platform positioning as INX continued to strengthen its role as a multi-asset platform connecting cryptocurrencies, stablecoins, Real-World Assets (RWAs), and security tokens under a unified, U.S.-registered trading environment. The Company’s efforts were focused on supporting retail adoption and operational scale through technology and infrastructure upgrades.

INX has completed the migration of its banking and payments infrastructure for INX Securities to Rail and its banking partners to enhance fiat onboarding and withdrawals. These enhancements improved automation across onboarding, funding, and account approvals, positioning INX to serve a broader user base more efficiently.

Additionally, INX delivered user-facing upgrades aimed at simplifying and clarifying the user journey for self-directed investors seeking on-chain diversification. Key improvements included:

• A streamlined onboarding experience with clearer status tracking and enhanced ID verification.
• Development of the updated Portfolio dashboard, designed to better reflect INX’s positioning as a unified platform for multiple asset types, was completed in Q2.A
• Ongoing improvements to the mobile app, expanding token visibility and providing easier access to security token holdings.

On the operational side, INX’s focus in Q2 was on platform resilience and scalability. The Company deployed over 16 infrastructure patches, a record for a single quarter, addressing production issues and optimizing processes tied to banking integrations and user flows. These efforts directly enhanced platform stability and user experience during a period of transition.

The platform’s regulatory and compliance infrastructure was further reinforced with the implementation of automated FINRA trade reporting, alongside improvements to back-office tools supporting account status monitoring and reporting. INX also expanded its blockchain integrations to include Polygon and Avalanche for enhanced security token issuance capabilities and continued upgrading its infrastructure with enhanced security protocols, migration to ethers.js, and scalability improvements on AWS Kubernetes.

INX continues to solidify its position as a trusted venue for compliant trading of security tokens, RWAs, and cryptocurrencies. The platform’s integrated infrastructure now better supports scalability, operational efficiency, and regulatory rigor — positioning INX as a key component in Republic’s future global offering.

Shy Datika, CEO of INX, commented:

“Q2 was a pivotal quarter for INX. We delivered meaningful improvements to our user experience, resolved key operational challenges, and completed the heavy lifting of our banking migration. Just as importantly, we secured shareholder, court, and FINRA approval for our acquisition by Republic — a milestone that unlocks our next phase of growth. As the digital asset space continues to evolve, INX remains committed to providing the most compliant, transparent, and seamless platform for trading both crypto and security tokens.”

About INX:

INX provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach.

About The INX Digital Company, Inc.:

INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies. The INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group’s overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which we raised US$84 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA. For more information, please visit the INX Group website here.

Cautionary Note Regarding Forward-Looking Information and Other Disclosures

This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates, and projections as of the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events, or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to the continuous development of the INX trading platform, the completion of the transactions described herein, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information, or otherwise. 

CBOE Canada is not responsible for the adequacy or accuracy of this press release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to the U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE The INX Digital Company, Inc.

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While most cryptocurrencies followed Bitcoin’s downward trend this week, Cardano ETF rumors have given ADA a rare boost. The coin surged 3.59% to $0.909, making it one of the top performers in the top 100 by market cap. The rally coincided with the discovery of a “Grayscale Cardano Trust ETF” registration on Delaware’s state website.

Although Grayscale has not confirmed the filing, the potential for an ADA-focused ETF has fueled strong buying momentum. An ETF could open the door for institutional investors, improve liquidity, and provide Cardano with broader exposure in traditional financial markets.

Why the Market Is Struggling

July’s Producer Price Index (PPI) rose 0.9% month-over-month and 3.3% year-over-year—well above expectations. The inflation surprise has dampened hopes for near-term Federal Reserve rate cuts, leading to a broad selloff in risk assets. The global crypto market cap dropped 3.01% to $3.99 trillion, with Bitcoin down 3.9% and Ethereum down 3.3%. XRP (XRP-USD) took a heavier hit, falling 6% to $3.07.

Cardano’s Bullish Technical Setup

The Cardano ETF rumors come on top of strong technical indicators for ADA:

• Relative Strength Index (RSI): At 69, ADA is nearing overbought territory but still shows healthy momentum.

• Average Directional Index (ADX): At 27, this signals a confirmed trend.

• Golden Cross Formation: The 50-day EMA is above the 200-day EMA, a historically bullish sign.

Immediate support is at $0.86, while resistance lies at the psychological $1.00 level. A breakout could push ADA toward $1.20, based on Fibonacci extensions.

XRP Struggles Despite Strong Trend Signals

XRP’s selloff to $3.07 appears more tied to inflation fears than fundamental weakness. Technical indicators suggest a correction rather than a reversal:

• RSI: At 50, XRP is in neutral territory, offering a potential “accumulation zone” for traders.

• ADX: At 30, the trend remains intact despite volatility.

• EMA Spread: The bullish 50-200 EMA alignment continues to hold, acting as a cushion during pullbacks.

Immediate support stands at $2.95, with resistance at $3.24 and a stronger barrier at $3.39.

Institutional Momentum in Crypto Markets

Beyond the Cardano ETF rumors, the institutional side of crypto continues to heat up. Ark Invest, led by Cathie Wood, bought over 2.5 million shares of crypto exchange Bullish (NYSE:BLSH) during its IPO, valued at $177 million. Bullish operates both a crypto exchange and owns CoinDesk, with shares tripling from the $37 offering price on debut.

Ark also holds:

• Over $1.5 billion in Coinbase (NASDAQ:COIN) and Robinhood (NASDAQ:HOOD) shares

• $17 million in eToro (ETOR) shares

• More than $2 billion in its Bitcoin ETF (ARKB)

Bullish’s successful IPO mirrors the strong debut of USDC stablecoin issuer Circle (NYSE:CRCL) earlier this year. Other exchanges like Gemini and OKX are exploring IPOs, signaling that the bridge between crypto and traditional markets is strengthening.

Outlook

If the Cardano ETF rumors prove true, ADA could see a sustained rally fueled by institutional demand. For XRP, market sentiment hinges on inflation data and Federal Reserve policy shifts. With institutional investments in crypto assets rising, both tokens could benefit from increased liquidity and mainstream adoption in the months ahead.

Looking ahead, market sentiment toward these companies will likely depend on broader economic conditions, sector-specific developments, and their ability to execute strategic initiatives effectively. Investors should continue monitoring quarterly earnings reports, product launches, and industry trends for signals of sustained growth potential. In particular, companies with strong balance sheets and diversified revenue streams may be better positioned to weather market volatility and capitalize on emerging opportunities. While no investment is without risk, keeping a disciplined approach and staying informed can help investors navigate uncertainty, seize favorable market conditions, and potentially enhance their long-term portfolio performance.

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Citigroup Inc. (NYSE:C), one of the largest U.S. banks with approximately $2.5 trillion in assets under management, is reportedly preparing to enter the digital asset space with crypto custody services. This move would position the bank alongside major industry players like Coinbase Global Inc. (NASDAQ:COIN) in safeguarding digital assets for institutional clients. The initiative is bolstered by regulatory clarity under the Donald Trump administration, which has encouraged traditional financial institutions to explore blockchain-based offerings.

Stablecoin and ETF Custody in Focus

According to a Reuters report, Biswarup Chatterjee, Citigroup’s global head of partnerships and innovation for the services division, confirmed that the bank is evaluating the potential to provide custody services for stablecoins backed by high-quality reserves. This would ensure secure storage of the assets that underpin these digital tokens, a critical factor for institutional adoption.

Citigroup is also exploring custody services for cryptocurrency exchange-traded funds (ETFs), including those tracking Bitcoin and Ethereum. The strategy mirrors the role Coinbase currently plays as custodian for roughly 80% of U.S.-listed crypto ETFs. Notably, BlackRock Inc.’s (NYSE:BLK) iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF, manages over $90 billion in assets, requiring an equivalent amount of digital currency to be held in secure custody.

If Citigroup enters this market, it could become a key custodian for a growing number of digital asset investment products, adding a significant layer of credibility for institutional investors still cautious about crypto.

Stablecoins for Faster Payments

Citigroup crypto custody ambitions are tied closely to the bank’s broader interest in stablecoins. The bank is assessing how stablecoins can accelerate payment processing compared to traditional banking rails, which often take multiple days to settle transactions.

In earlier reports, Citigroup was said to be considering launching its own stablecoin—similar to JPMorgan Chase & Co.’s (NYSE:JPM) JPM Coin and initiatives from Bank of America Corp. (NYSE:BAC). The bank already offers tokenized U.S. dollar payments, enabling instant transfers between accounts worldwide via blockchain.

Chatterjee explained that upcoming services could allow clients to send stablecoins between accounts or instantly convert them into fiat currency for real-time payments. This could significantly improve cross-border transaction efficiency and reduce reliance on outdated settlement systems.

Compliance and Security Considerations

Citigroup has emphasized that compliance and operational security will be top priorities in any crypto custody offering. Before accepting assets, the bank intends to verify their legitimacy and ensure they have not been involved in illicit activity. Cybersecurity measures will also be strengthened to protect against theft and unauthorized access, a critical step in building trust with institutional clients.

This focus mirrors recent moves by other banking giants. Ripple Labs’ partnership with BNY Mellon (NYSE:BK) will see the latter custody the dollar reserves for Ripple’s RLUSD stablecoin, highlighting how custody services are becoming an integral part of stablecoin ecosystems.

TradFi’s Expanding Role in Digital Assets

Citigroup’s exploration of crypto custody services underscores a broader shift in traditional finance (TradFi). Major institutions like JPMorgan and PNC Financial Services Group Inc. (NYSE:PNC) have already partnered with Coinbase to offer crypto services, while JPMorgan is also planning crypto-backed loans.

For Citigroup, entering the crypto custody space is both a competitive and strategic move. By providing secure storage for stablecoins and crypto ETFs, the bank could establish itself as a trusted intermediary for digital assets—bridging the gap between blockchain innovation and mainstream finance.

Bottom Line

Citigroup crypto custody plans signal a major step toward mainstream adoption of blockchain-based financial products. By combining its global banking infrastructure with cutting-edge digital asset services, Citigroup aims to compete with established crypto custodians while offering faster, blockchain-enabled payment solutions. However, success will depend on navigating regulatory requirements, ensuring robust security, and convincing cautious institutions to embrace digital asset integration.

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PROVIDENCIALES, Turks and Caicos Islands, Aug. 14, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is pleased to announce that its crypto payment solution, KuCoin Pay, has entered into a strategic partnership with BitTopup, a rapidly growing marketplace for mobile recharges, gift cards, and game credits. This collaboration empowers KuCoin users to seamlessly spend their digital assets across a wide range of digital goods, enhancing real-world crypto utility.

KuCoin Pay is redefining the crypto payment experience for both merchants and users by offering fast and seamless payments. With integration across both online and offline channels, KuCoin Pay has rapidly expanded its global reach since the launch —building partnerships with a variety of platforms that support practical, everyday use cases for crypto. The addition of BitTopup further strengthens this network, enabling users to instantly purchase mobile top-ups, gaming credits, and digital gift cards using their favorite cryptocurrencies.

“At KuCoin Pay, our mission is to empower users to unlock the real-world value of crypto,” said Kumiko Ho, Head of Payment Business. “This partnership with BitTopup is another meaningful step toward that vision—making everyday payments faster, easier, and more accessible through digital assets.”

CEO of BitTopup  Amit Kuma commented:

At BitTopup, our mission is to bring digital assets into everyday life. Partnering with KuCoin Pay moves us closer to that vision—delivering faster processing, a smoother experience, and broader accessibility for everyday payments.

These collaboration reflects KuCoin Pay’s ongoing commitment to bridging the gap between crypto and daily life—offering users a smarter way to transact and merchants a forward-looking way to grow.

To celebrate the partnership, BitTopup is offering a 2% discount on all purchases made via KuCoin Pay, valid until November 12, 2025. For more details, please visit KuCoin’s official website.

About KuCoin Pay

KuCoin Pay is a next-generation merchant payment solution developed by KuCoin. It enables businesses to accept and process crypto payments with ease. By offering instant transactions, support for a wide range of cryptocurrencies, and seamless integration into retail ecosystems, KuCoin Pay is transforming how value flows in the digital economy.

About BitTopup

BitTopup is a trusted digital recharge platform serving over five million global customers. It enables instant top-ups for games, live-streaming services, and gift cards, with partnerships across leading brands like Google, Poppo Live, and Midasbuy.

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SOURCE KuCoin

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