Ethena drops 14%, but why investor sentiment remains strong

ENA’s market decline has been driven by derivative traders betting against a price increase. Investor sentiment remains strong despite the struggling price, as accumulation continues to rise. Ethena [ENA] has been on a downward path over the past 24 hours, dropping 14%, while the broader cryptocurrency market capitalization slipped by 2.77%. Market analysis showed that … Read more

Africa Crypto News Week in Review: Binance Praises Kenya, VALR and MoonPay Partner, Nigeria Jails 9 Chinese Scammers

In the latest Africa crypto news, Binance praises Kenya’s crypto regulation progress but warns against heavy taxes. Meanwhile, VALR is partnering with MoonPay to expand access to more fiat currencies. Nigeria jails nine Chinese crypto scammers for one year. A Binance executive has praised Kenya’s progress in regulating crypto but warned against punitive taxation. In … Read more

Can XRP’s price hit $2.3 after $22M in liquidations wreck the market?

XRP saw $22 million rekt positions during Thursday’s liquidation cascade The 200-day SMA will be a key level if the short-term bullish structure holds firm  On Thursday, XRP markets suffered a $22 million loss after fresh tensions in the Middle East sparked market-wide liquidations.  In particular, leveraged longs lost $20M compared to shorts’ $1.7M. However, … Read more

Crypto Remittances Fell Nearly 45% in El Salvador

Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing to Reach Widespread Adoption … Read more

Bitcoin may fix Apple Stock Buybacks: Saylor

Bitcoin exposure may provide a lucrative financial opportunity for Apple’s stock buyback program, according to Strategy’s Michael Saylor. Saylor’s proposition follows a Bitcoin (BTC) rally of over 11% since the beginning of 2025, which outperformed the 18% decline of Apple shares during the same period. Illustrating a growing corporate shift, increasingly more traditional companies are … Read more

Trump Reports $57M Crypto Income From WLFI Venture

US President Donald Trump has disclosed $57.4 million in income from his involvement with World Liberty Financial, a cryptocurrency venture he backs alongside his sons Donald Jr. and Eric. The details emerged in Trump’s 2025 public financial disclosure, filed with the US Office of Government Ethics on June 13. The filing reveals that Trump holds … Read more

Cardano and Polkadot Pivot to Integrate Bitcoin into DeFi

Hoskinson’s $100M ADA shift targets a stronger BTC role in cross-chain DeFi growth. Cardano’s UTXO model enables BTC DeFi use without sacrificing Bitcoin exposure. Polkadot eyes BTC treasury move to boost liquidity and hedge DOT underperformance. Charles Hoskinson is making headlines with his plan to convert $100 million worth of ADA treasury into Bitcoin and … Read more