Following weeks of parallel trading and unimpressive directional moves, the crypto market broke out overnight from its latest phase of consolidation—led, this time, by Ethereum. The second-largest cryptocurrency by market capitalization surged with renewed strength, and its move sparked widespread optimism across the broader altcoin space and revived hopes that a new altseason may be … Read more
The US House Committee on Financial Services has advanced a crypto market structure bill called the Digital Asset Market Clarity (CLARITY) Act, which will soon head to the full House floor for a vote. House Financial Services lawmakers voted 32 to 19 on Tuesday to put the CLARITY Act to a full floor vote after … Read more
South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Edyme is a writer, a content writer that specialises in writing about the crypto realm. Asides Bitcoinist and NewsBTC, Edyme’s writing has been featured in top sites such as Blockchain.News, CoinMonk, … Read more
USD/MXN softens to around 19.05 in Wednesday’s early European session. The US and Mexico discussed a deal to cut Trump’s steel tariffs. Traders await the US May CPI inflation data later on Wednesday. The USD/MXN pair remains on the defensive near 19.05 during the early European session on Wednesday. The Mexican Peso (MXN) strengthens against … Read more
The Librarian Ghouls hacker group has compromised hundreds of Russian devices and used them to mine crypto in an apparent case of cryptojacking, cybersecurity firm Kaspersky says. The hacker group, which is also known as Rare Werewolf, gains access to systems through malware-ridden phishing emails disguised as messages from legitimate organizations that appear to be … Read more
Guggenheim Treasury Services has pioneered the issuance of digital commercial paper on the XRP Ledger, signaling a significant evolution in blockchain adoption by institutional finance. This initiative underscores the growing preference for the XRP Ledger in delivering efficient, cost-effective financial instruments, enhancing liquidity and cross-border transaction capabilities. Markus Infanger, Senior Vice President at RippleX, emphasized, … Read more
The US Securities and Exchange Commission could start to approve some crypto-tied exchange-traded funds as soon as next month, kicking off an “altcoin ETF summer,” analysts say. Bloomberg senior ETF analyst Eric Balchunas posted to X on Tuesday a note from fellow analyst James Seyffart that said, “ETFs that track broad crypto indexes may be … Read more
The company raised $750 million in a private investment in public equity (PIPE) transaction at the end of May to acquire bitcoin. Bitcoin As an AI Safety Net: Strive CEO Artificial intelligence (AI) may wipe out 50% of all entry-level white-collar jobs within five years according to Dario Amodei, CEO of AI firm Anthropic. Similarly, … Read more
In a fascinating intersection of politics and cryptocurrency, a firm known as American Bitcoin, reportedly backed by Eric Trump and Donald Trump Jr., is making significant moves in the digital asset space. Launched relatively quietly in April, the company has rapidly accumulated a substantial amount of Bitcoin and is now setting its sights on a … Read more
BlockDAG’s $293M Presale and NBA Rumors Leave Dogecoin’s $0.20 Crisis and Kaspa’s $12M Short Squeeze in the Dust In a market dominated by hype cycles, speculation bubbles, and fleeting rallies, only exceptional projects manage to build genuine momentum through community adoption, functional infrastructure, and strategic execution. BlockDAG (BDAG) is rapidly establishing itself as one of … Read more