Cryptocurrency news
Bitcoin has been stuck just above $100,000 for months and the question now is whether that level marked the top of the cycle, or if there’s still room to run. In our latest interview, macro analyst Lyn Alden breaks down where we might be in the current Bitcoin cycle, and why this one could look … Read more
Solana spot exchange-traded funds are a hot anticipation, and one by REX Shares featuring staking could go live this week, Bloomberg analyst James Seyffart has said. James Seyffart posted on X on June 30 that the first Solana (SOL) spot ETF with staking is likely to launch for trading as early as this week. The … Read more
Key Notes The platform has warned users against depositing funds into old wallet addresses due to a system migration. The cyberattack, linked to the pro-Israel group Gonjeshke Darande, involved the destruction of $90 million in assets. A Chainalysis report shows that Nobitex is vital to Iran’s crypto infrastructure as the largest exchange, handling $11 billion … Read more
Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence amidst political backing. The Bank of Korea (BoK) confirmed the current state of affairs … Read more
Key Takeaways The XRP Ledger launched an EVM-compatible sidechain to enable Ethereum-based smart contracts and cross-chain DeFi. The sidechain uses XRP as its gas token, connects through Axelar bridge, and is supported by partners like Band Protocol, Grove, and Wormhole. Share this article Ripple-backed XRP Ledger has rolled out its EVM-compatible sidechain, empowering Ethereum-based smart … Read more
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Bitcoin (BTC) heads into a key double candle close just inches from records — can bulls stay in control? Bitcoin order-book liquidity games continue as the monthly and quarterly close sets the stage for sudden price moves. BTC/USD only needs to close June at $104,630 to seal its highest-ever monthly close. A calm week for US … Read more
Authorities in the United States have sentenced a man to 97 months in prison for his role in defrauding investors out of more than $40 million via a crypto Ponzi scheme. According to the U.S. Department of Justice, 57-year-old Dwayne Golden was sentenced on June 27 by U.S. District Judge William F. Kuntz II in … Read more
Key Notes James Wynn is back, but with just $1.5 million, not a billion dollars. The famous trader bets against Bitcoin amid price consolidation. The crypto community mockingly goes bullish on the digital gold. James Wynn, a cryptocurrency trader well-known among the traders, is back to trading digital assets one month after leaving the “casino.” … Read more