A prominent smart fund within the cryptocurrency market is currently grappling with significant unrealized losses totaling $12.48 million. The fund’s substantial holdings of XRP represent the largest contributor to this downturn, accounting for approximately $9 million of the overall shortfall.… Read More »Smart Fund Faces $12.48M Unrealized Loss, XRP Holdings Contribute Heavily
Jetking, a prominent Indian listed company, has formally approved the issuance of 460,000 preference shares during a board meeting. This strategic decision aims to strengthen the company’s foothold in the rapidly evolving cryptocurrency sector. The capital-raising initiative represents a deliberate… Read More »Jetking Board Approves 460,000 Preference Shares to Bolster Cryptocurrency Market Position
Conflux Network’s native token CFX has skyrocketed 105.4% within 24 hours, reaching $0.23 – its highest valuation in seven months. This rally propelled the project’s market capitalization above $1.1 billion, marking a significant resurgence for the China-focused public blockchain. The… Read More »Conflux (CFX) Surges 105% Amid Upgrade Buzz and RMB Stablecoin Plans
A Bitunix analyst has cautioned that the UK government’s upcoming liquidation of Bitcoin holdings could trigger significant market turmoil, potentially prompting a sector-wide sell-off. The planned asset disposal risks amplifying selling pressure at a sensitive juncture for Bitcoin pricing. Technical… Read More »Bitunix Analyst Warns UK Bitcoin Liquidation Plan Risks Crypto Market Sell-Off
The decentralized autonomous organization governing the Aave protocol has formally authorized the Ink Foundation to launch a dedicated white-label lending platform. This initiative targets the mobilization of more than $250 million in liquidity. Its primary objective is to enhance capital… Read More »Aave DAO Approves Ink Foundation White-Label Lending Platform Targeting $250M Liquidity
Investment funds based in Asia are significantly fueling the price momentum of major cryptocurrencies Ethereum (ETH) and XRP, according to market analysts. Concurrently, a broad recovery in the Decentralized Finance (DeFi) ecosystem is reinforcing overall market stability and liquidity conditions.… Read More »Asian Fund Inflows Drive Ethereum and XRP Gains Amid DeFi Sector Recovery
The cryptocurrency market is closely monitoring Bitcoin’s potential trajectory as key US economic releases and a pivotal speech by Federal Reserve Chair Jerome Powell approach. These events hold significant weight for asset valuations, impacting interest rate expectations and overall market… Read More »Bitcoin’s Outlook in Focus As Fed Speech, US Economic Data Loom
XRP experienced a significant market capitalization surge exceeding $40 billion within a single week, propelling its price to an all-time high of $3.49. This dramatic growth is primarily attributed to heightened institutional interest and the landmark approval of ProShares’ XRP… Read More »XRP Market Cap Surges $40 Billion Fueled by ETF Approval and AI Bullish Forecasts
Leading U.S. banking and credit union associations are formally urging the Office of the Comptroller of the Currency (OCC) to postpone key decisions regarding cryptocurrency banking activities. The collective appeal emphasizes the critical need for comprehensive regulatory frameworks to safeguard… Read More »Banking Associations Advocate for OCC Delay on Crypto Banking Decisions
Strategy has ascended to rank as the ninth largest corporate treasury in the United States after accumulating Bitcoin holdings valued at over $70 billion. This positions it ahead of technology leader NVIDIA and signals a transformative shift in corporate asset… Read More »Strategy Becomes Ninth Largest U.S. Corporate Treasury with $70 Billion Bitcoin Holdings, Surpasses NVIDIA
Major banking and credit union associations have formally petitioned the Office of the Comptroller of the Currency (OCC) to postpone decisions regarding special-purpose bank charter applications filed by cryptocurrency firms, including prominent players like Ripple and Circle. The associations cited… Read More »Banking Associations Urge OCC to Delay Crypto Bank License Decisions for Ripple, Circle
Ethereum developers have tentatively scheduled the Fusaka hard fork for November, bundling 11 Ethereum Improvement Proposals (EIPs) to enhance network scalability and security. The upgrade includes EIP-7825 for transaction throughput optimization and proposes raising the gas limit to 150 million.… Read More »Ethereum Sets November Target for Fusaka Hard Fork, Glamsterdam Upgrades Pending August Confirmation
Ethereum has exceeded the market capitalization of asset management giant Vanguard Group, ascending to the 28th position among global assets. This milestone reflects Ethereum’s expanding influence in decentralized finance (DeFi) and non-fungible tokens (NFTs), cementing its status as a major… Read More »Ethereum Surpasses Vanguard Group in Market Value, Ranks 28th Globally
Binance will temporarily suspend deposits and withdrawals of Shentu (CTK) tokens starting July 22 at 12:00 UTC to facilitate the project’s upcoming network upgrade. The suspension is a standard protocol implemented to safeguard against potential risks during blockchain transitions and… Read More »Binance to Temporarily Suspend Shentu (CTK) Deposits and Withdrawals for Network Upgrade
U.S. banking associations are calling on the Office of the Comptroller of the Currency (OCC) to postpone decisions regarding crypto bank licenses and stablecoin issuer charters. They emphasize concerns over regulatory precedents and inconsistencies with traditional banking standards. The groups… Read More »Banking Groups Urge OCC to Delay Crypto Bank and Stablecoin Charter Approvals
Polygon’s stablecoin supply has soared to $2.76 billion, reaching its highest level in three years as decentralized finance (DeFi) and non-fungible token (NFT) activity intensifies across the network. This milestone represents a consistent growth trajectory for Polygon’s stablecoin market capitalization… Read More »Polygon Stablecoin Supply Hits $2.76 Billion 3-Year Peak Amid DeFi and NFT Activity Surge
Bitcoin’s price surged beyond the $119,000 threshold, marking a notable advance as reported by market tracker HT Market. The leading cryptocurrency reached a value of approximately $119,025 during the session. This upward movement represents a substantial 1.02% gain in value… Read More »Bitcoin Surpasses $119,000 Mark Signaling Market Recovery
Renowned author and investor Robert Kiyosaki has issued a warning about potential price crashes in Bitcoin and precious metals markets, despite revealing plans to expand his holdings if significant corrections materialize. His comments follow Bitcoin’s recent volatile performance, which saw… Read More »Robert Kiyosaki Forecasts Bitcoin and Metals Crash, Plans to Accumulate on Dips Amid Market Volatility
Financial commentator Robert Kiyosaki has issued a warning about potential bubbles forming in Bitcoin, gold, and silver, suggesting their imminent burst could trigger significant market turbulence. Market analysts have met Kiyosaki’s latest predictions with skepticism, pointing to a history of… Read More »Kiyosaki Warns of Crypto and Precious Metals Bubbles Amid Bitcoin Bull Cycle Skepticism
Congress has passed the GENIUS Act, establishing a regulatory framework for stablecoin issuers that significantly enhances Ripple’s competitive position with its RLUSD stablecoin. The legislation provides clarity enabling RLUSD to compete with dominant players like USDC and USDT while smoothing… Read More »GENIUS Act Boosts Ripple’s RLUSD Stablecoin Prospects Amid Minimal XRP Impact