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Bitcoin and ETH scraped new lows following the news that Strategy sold 32 BTC. Will bulls buy the…
Key points:Bitcoin dropped to a crucial support level where buyers are expected to step in; if they fail, the next stop may be $65,000.Select major altcoins have slipped to critical support levels as crypto markets continue to fall far…
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XRP’s price hits bullish target, but here’s why the next sell-off might not be far
XRP has had a relatively quiet 24 hours of trading. It was above the $1.18-local resistance level, but has only moved by 0.21% since. This, despite its daily trading volume shrinking by 44%.
Spot XRP ETF flows have been positive for the…
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Congress Reaches Deal on Housing Bill With CBDC Ban
The US House and Senate have reached a deal to move forward with a housing bill that includes a ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030.A bipartisan group of House and Senate leaders released an…
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Can locked liquidity still put DeFi users at risk?
What the DxSale exploit shows about smart contract risk when liquidity is lockedFor years, “locked liquidity” has been one of the most reassuring signals in decentralized finance (DeFi). Token projects often promote locked liquidity as…
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Pudgy Penguins Winds Down Pudgy Party After 1M Downloads
Non-fungible token (NFT) project Pudgy Penguins is winding down its mobile game Pudgy Party and halting further development.In an X post, the team said on Saturday that it would shift its gaming resources toward Pudgy World, a browser-based…
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BitMine Nears 5% of ETH Supply With $10B Holdings Despite Bear Market
BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as its large staking operation continued to generate yield.On Monday,…
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Toncoin to Rebrand to Original Name Gram
The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper.“Gram was the original name of TON’s currency in the first white paper,”…
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XRP – Uneven demand caps XRP’s latest surge after altcoin breaches $1.18
XRP’s latest advance pushed the price above the $1.18-zone, a level that repeatedly capped recovery attempts following the early June sell-off from $1.36.
The surge pushed XRP’s price to $1.22 and coincided with a 94% surge in daily…
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US Government Watchdog Urges FDIC Address Crypto Oversight
The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology.GAO made a June 8 letter to FDIC Chairman…
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DeFi Could Reach $2.7T as Tokenization Expands: StanChart
Standard Chartered expects assets locked in decentralized finance (DeFi) to grow 37-fold to $2.7 trillion by the end of 2030.The expansion would be driven by both tokenized real-world assets (RWAs) and crypto-native assets moving through…
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