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CoinDesk 20 Performance Update: Bitcoin Price (BTC) Falls 2.2% as All Assets Decline
The recent market downturn affected major cryptocurrencies, with Bitcoin experiencing a 2.2% decrease and Ripple's value dropping by 2.9%, reflecting a broad decline across digital...
Read Full Article →Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan
JPMorgan revised upward its valuations for leading Bitcoin mining companies, signaling expectations of stronger profitability and more favorable market conditions within the sector...
Read Full Article →Cardano's Charles Hoskinson Suggests Swapping $100M of ADA for Bitcoin, Stablecoins
Charles Hoskinson's suggestion to exchange a substantial amount of ADA for Bitcoin and stablecoins could impact Cardano's financial strategy, contrasting with earlier statements by...
Read Full Article →Tencent Is Looking to Buy Nexon, the Creator of Web 3 Gaming Franchise MapleStory
Acquiring Nexon would enable Tencent to strengthen its portfolio with established gaming assets and increase its influence within the competitive South Korean digital entertainment...
Read Full Article →Ether Plunges 7% as Traders Flee to Dollar and Gold After Israel Strikes Iran
The recent geopolitical tensions prompted a notable decline in Ether’s value, leading investors to seek safer assets like the dollar and gold amid increased market uncertainty.
Read Full Article →Crypto Daybook Americas: Bitcoin Weathers Market Rout as Israel Hits Iran
Despite regional geopolitical tensions involving Israel and Iran, Bitcoin demonstrated resilience by maintaining stability during a widespread downturn in financial markets on June...
Read Full Article →Walmart, Amazon Mull Dollar-Pegged Stablecoins in the U.S.: WSJ
Walmart and Amazon are considering launching digital currencies tied to the dollar as a strategy to reduce transaction costs associated with traditional payment methods and financi...
Read Full Article →XRP Could Capture 14% of SWIFT’s Global Volume, Ripple CEO Says
According to Ripple’s CEO, XRP has the potential to secure a notable portion of the international payment network’s transactions by offering a more efficient solution for transferr...
Read Full Article →Anthony Pompliano Set to Head $750M Bitcoin Investment Vehicle: FT
Anthony Pompliano is expected to manage a $750 million fund aiming to replicate a bitcoin acquisition approach similar to that of Michael Saylor’s well-known treasury management st...
Read Full Article →Ripple, SEC File Joint Motion to Release $125M Held in Escrow
The proposed agreement to release $125 million from escrow aims to resolve ongoing disputes and potentially reduce legal costs for both Ripple and the SEC.
Read Full Article →XRP, SOL Poised to Take Off Amid Rocketing Institutional Demand, Analyst Says
Increased interest from institutional investors and potential regulatory developments are expected to significantly impact the market value of XRP and SOL in the coming months.
Read Full Article →Single Bitcoin Trader Loses $200M as Crypto Bulls See $1B Liquidations
The recent extensive liquidations, impacting hundreds of thousands of investors and causing significant losses, have shifted market dynamics by reducing bullish enthusiasm and incr...
Read Full Article →Asia Morning Briefing: Could 3AC and Terraform be Blamed for Singapore's Crackdown on Offshore Crypt...
The Monetary Authority of Singapore's recent actions reflect increased regulatory scrutiny aimed at addressing risks highlighted by the collapse of major crypto firms linked to off...
Read Full Article →Bitcoin 'Skew' Slides as Oil Prices Surge 6% on Israel-Iran Tensions
The recent geopolitical conflict between Israel and Iran caused oil prices to increase sharply, impacting market dynamics and coinciding with Bitcoin's decline toward a key technic...
Read Full Article →Bitcoin Tumbles Below $104K as Israel Strikes Iran
The recent military actions in the Middle East have led to a notable decline in Bitcoin’s value, reflecting investor concerns over heightened geopolitical tensions and potential ma...
Read Full Article →Ethereum Treasury Firm SharpLink Gaming Plunges 70% – But There May Be a Twist
SharpLink Gaming's recent 70% decline highlights significant market challenges, despite previously securing $450 million to support its strategy focused on maintaining substantial...
Read Full Article →Crypto Cracks Late in Day, Bitcoin Slumps Below $106K
Despite stability in U.S. stock markets amid geopolitical and trade concerns, digital asset values declined sharply, reflecting increased market volatility and investor caution in...
Read Full Article →Coinbase to Launch Bitcoin Rewards Card With Amex, While Eyeing U.S. Futures Expansion
Coinbase’s new payment card, created with American Express, provides users the opportunity to earn bitcoin-based incentives on spending, potentially increasing engagement and expan...
Read Full Article →Bitcoin Will Rally as U.S. Growth Improves, Crypto Bills Progress: Coinbase Research
Improved U.S. economic conditions and advancements in regulatory measures for digital currencies are expected to enhance investor confidence in Bitcoin, while the outlook for other...
Read Full Article →DeFi Adding $5B of Solana Buying Power With New Line of Credit
The introduction of a new credit facility enables the Nasdaq-traded company to increase its holdings of Solana tokens, potentially enhancing its investment capacity by approximatel...
Read Full Article →Donald Trump: Administration Will Work Toward 'Clear and Simple' Crypto Frameworks
The U.S. administration's efforts to develop straightforward cryptocurrency regulations could impact market stability and investor confidence by providing clearer guidelines for di...
Read Full Article →NEAR Protocol Plunges 9% as Volatility Spikes Despite User Growth
Despite reaching 46 million active users and securing its position as a leading Layer 1 blockchain, NEAR Protocol's market value declines notably due to increased volatility and in...
Read Full Article →Crypto for Advisors: The Relationship Between Bitcoin and Altcoins
Bitcoin reaching its highest value to date highlights a pivotal moment that could encourage diversification and increased interest in various digital currencies beyond just the lea...
Read Full Article →TON Slips as Selling Pressure Mounts Despite Recovery Attempts
The value of Telegram’s cryptocurrency declined due to increased market selling, even though there were indications of possible stabilization in the near term.
Read Full Article →Singapore's Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury
Trident Digital aims to secure up to $500 million in funding to become one of the earliest publicly traded firms to incorporate XRP into its primary financial reserves.
Read Full Article →Crypto Lending Platform Morpho V2 Brings DeFi Closer to Traditional Finance
Morpho V2 enhances decentralized finance by offering tailored fixed-rate, fixed-term lending options that align with the requirements of institutional and corporate borrowers, brid...
Read Full Article →Bittrue Hacker Funnels $30M Through Tornado Cash, Made $9.3M by Trading Ether
The individual responsible for the Bittrue breach moved $30 million using a mixing service and earned $9.3 million by trading Ether following a significant price increase.
Read Full Article →Crypto Lender Maple Partners with Liquid Staking Specialist Lido Finance
Maple's collaboration with Lido Finance enables the provision of stablecoin loans secured by stETH, potentially enhancing liquidity options for users within the cryptocurrency lend...
Read Full Article →Tether Buys $82M Stake in Gold-Focused Investment Company Elemental Altus
Tether's acquisition of a substantial interest in a company specializing in gold investments reflects its approach to diversifying assets by combining precious metals with signific...
Read Full Article →FBI Crypto Veteran Chris Wong Joins TRM Labs to Bolster Fight Against Illicit Finance
Chris Wong’s expertise in cryptocurrency investigations is expected to enhance TRM Labs’ capabilities in detecting and preventing illegal financial activities, potentially strength...
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