Singapore-based digital asset services provider Matrixport executed a significant Ethereum transfer, withdrawing 5,000 ETH (approximately $13.01 million) from cryptocurrency exchange Binance. This substantial off-exchange movement signals a potential strategic shift in the institutional custody and management of Ethereum assets. Large-scale… Read More »Matrixport Moves $13M ETH Off Binance in Institutional Custody Shift
Ripple has applied for a U.S. national bank charter and a Federal Reserve master account to strengthen regulatory alignment and oversight of its RLUSD stablecoin. The application aims to transition RLUSD’s regulatory supervision from state to federal levels, enhancing compliance… Read More »Ripple Pursues U.S. Bank Charter and Fed Master Account for Enhanced RLUSD Oversight
Bitcoin encountered significant resistance near the $110,500 level despite a recent price surge, exhibiting concerning bearish divergences across multiple short-term timeframes. Technical momentum indicators, including the Relative Strength Index (RSI), are trending downwards on 15-minute, one-hour, and four-hour charts. This… Read More »Bitcoin Faces Bearish Divergences at $110,000 Resistance, Signaling Potential Pullback
BitMEX founder Arthur Hayes anticipates a temporary Bitcoin correction to $90,000 due to potential liquidity pressures from Trump administration policies, while projecting long-term growth reaching $1 million per Bitcoin by 2028. Hayes warned the ‘Big Beautiful Bill’ initiative under former… Read More »Arthur Hayes Predicts Bitcoin Dip to $90K Amid Trump Policy Concerns, Maintains $1M Long-Term Target
The U.S. Securities and Exchange Commission (SEC) has issued a stay order delaying Grayscale Investments’ cryptocurrency exchange-traded fund (ETF) listing on the New York Stock Exchange. Grayscale’s proposed ETF, holding Bitcoin, Ethereum, Solana, XRP, and Cardano, faces postponed market entry… Read More »SEC Issues Stay Order Delaying Grayscale Cryptocurrency ETF Listing
Roman Storm, the co-founder of cryptocurrency mixing service Tornado Cash, is scheduled to stand trial for money laundering charges. The trial marks a pivotal moment in regulatory scrutiny of privacy tools in decentralized finance following allegations by the U.S. Department… Read More »Tornado Cash Co-Founder Roman Storm Faces Money Laundering Trial as Crypto Community Rallies Support
Corporate treasuries are substantially expanding their Ethereum holdings, integrating ETH as both a technological asset and store of value. This strategic portfolio diversification leverages Ethereum’s established ecosystem capabilities and aligns with growing institutional confidence in cryptocurrency. Ethereum’s dominance in decentralized… Read More »Corporate Treasuries Increasingly Adopt Ethereum Amid DeFi and Smart Contract Growth
BitMine Immersion Technologies’ stock price soared over 1,900% within days, closing at $135 after a remarkable 130% single-day gain. The cryptocurrency miner announced a landmark $250 million private placement with participation from high-profile investors including Peter Thiel’s Founders Fund, Pantera… Read More »BitMine Stock Skyrockets 1,900% Following $250M Private Placement and Ethereum Strategy Shift
Long-term Bitcoin holders (LTHs) now possess a significant majority of the cryptocurrency’s circulating coins, reflecting deepening market confidence and potential future supply constraints. Data indicates LTHs control 14.7 million BTC, representing 74% of Bitcoin’s total circulating supply. Long-term holders are… Read More »Bitcoin Long-Term Holders Command Majority of Circulating Supply, Signaling Market Maturity
US President Donald Trump is scheduled to formally enact the ‘Beautiful Law’ at 5 PM local Eastern Time on July 4th, in a ceremony announced by the White House. This legislative move is anticipated to have significant implications for compliance… Read More »Cryptocurrency Compliance Expected as US President Trump Signs ‘Beautiful Law’
XRP shows signs of potential significant upside momentum, with technical analysis pointing towards a move to $2.65 amid Ripple Labs’ ongoing application for a US banking license. Technical indicators reveal a bullish recovery, with XRP rebounding from the 20-day Exponential… Read More »Ripple’s U.S. Banking License Pursuit Sparks Bullish XRP Forecast
Cryptocurrency readers are advised to activate notifications for the official Twitter account and Telegram channel to receive real-time updates on market developments. The channels provide timely, reliable coverage of breaking cryptocurrency news, with dedicated focus on key insights and analysis… Read More »Crypto Community Encouraged to Enable Alerts for Timely Bitcoin News
US Senator Cynthia Lummis has introduced bipartisan legislation focused on overhauling cryptocurrency tax regulations to alleviate longstanding burdens within the domestic market. The proposed Bitcoin tax bill specifically targets simplifying reporting requirements while addressing core complaints around double taxation penalties.… Read More »Senator Lummis Files Bitcoin Tax Reform Bill to Resolve Double Taxation Challenges
Senator Cynthia Lummis has introduced legislative proposals to reform cryptocurrency taxation, including a notable de minimis exemption aimed at reducing friction for everyday payments. The bill establishes a $300 threshold for small crypto transactions, exempting gains or losses below this… Read More »Senator Lummis Proposes Crypto Tax Bill With $300 Small Transaction Exemption
Blockchain payments firm Ripple has filed formal applications for a U.S. bank charter with the Office of the Comptroller of the Currency and the New York Department of Financial Services. This initiative aims to anchor its RLUSD stablecoin operations within… Read More »Ripple Pursues US Banking Charter and Fed Access to Bolster RLUSD Stablecoin
Binance Alpha has announced the listing of MemeCore (M), spotlighting its strategic focus on identifying and elevating early-stage cryptocurrency projects distinguished by robust community engagement and innovative potential. The move reinforces Binance Alpha’s commitment to nurturing nascent initiatives within emerging… Read More »Binance Alpha Lists MemeCore (M) to Champion Community-Driven Crypto Innovation
Jullian Duran, CEO of Lever, has outlined a novel approach enabling Bitcoin (BTC) holders to utilize their assets as collateral to access liquidity for tangible investments. This model allows individuals wealthy in Bitcoin to unlock capital for alternative ventures without… Read More »Lever CEO Unveils Bitcoin Collateral Strategy for Real-World Investment Liquidity
BlackRock has positioned its IBIT exchange-traded fund (ETF) as the third-largest income-generating vehicle within its extensive portfolio of 1,197 ETFs. Despite being operational for merely 18 months since market launch, IBIT trails the firm’s highest-performing fund by just $9 billion… Read More »BlackRock’s IBIT ETF Emerges as Third-Top Income Generator in Firm’s ETF Portfolio
Bitget Wallet has upgraded its GetGas feature to drastically reduce transaction costs for users handling TRC-20 USDT transfers. The enhancement cuts transfer fees by 50% and introduces a gas-free first transfer option for new users, significantly boosting transactional affordability and… Read More »Bitget Wallet Slashes TRC-20 USDT Transfer Fees by 50% with GetGas Upgrade
Significant Ether purchases by BitMine Immersion Technologies, Bit Digital, and SharpLink Gaming highlight growing corporate confidence in Ethereum’s market utility and long-term potential. These institutional expansions of ETH treasuries support bullish projections targeting approximately $2,800, fueled by robust demand and… Read More »Institutional ETH Accumulation Spurs Bullish Outlook Toward $2,800 Target