Banks Get Green Light to Expand Crypto Services as Fed Removes Reputational Risk
The Federal Reserve has confirmed that U.S. banks can offer services to cryptocurrency firms if they follow proper safeguards. This announcement came during the Fed Chair’s testimony to the House Financial Services Committee on June 24. The central bank also removed a major regulatory barrier affecting crypto access to traditional banking. JUST IN: Fed Chair […]
Polymarket to Raise $200M and Reach Over $1B in Valuation
Polymarket aims to raise $200 million, which may push its valuation over the $1B mark. Website traffic reached 15.9 million visits in May as more users explore crypto betting. Despite growing traction, it saw declining trader activity and faced bans in certain countries. Polymarket, a blockchain-based prediction platform, is in talks to secure $200 million […]
Newest ‘Star’ in Sky Ecosystem Launches With $1B Tokenized Credit Strategy
Grove, a new decentralized finance (DeFi) protocol focused on institutional-grade credit infrastructure, emerged from stealth on Wednesday with a $1 billion commitment to a tokenized asset strategy. The protocol aims to bridge DeFi with traditional financial assets by routing on-chain capital into regulated credit investments, focusing on collateralized loan obligations (CLOs). Through its infrastructure, Grove […]
Nano Labs to Raise $500M via Convertible Notes for BNB Reserve Build-Up
Nano Labs has announced a major financial initiative to raise $500 million through convertible notes. The Nasdaq-listed Web3 infrastructure provider aims to build a strategic reserve in Binance Coin (BNB) using the proceeds. ⚡️BIG: Nano Labs $NA, a Nasdaq-listed Web3 firm, announced plans to buy $1 billion worth of Binance Coin to start its $BNB […]
Baanx Adds BNB Support on Its Crypto Card for UK, EU, LATAM
Baanx, a cryptocurrency payment card firm working with the likes of Mastercard, Visa and Circle, has announced its support for BNB, the blockchain utility token originally linked to Binance, the world’s largest crypto exchange. Users of Baanx’s “Crypto Life Card” can top up with BNB, expanding the real world use of the BNB Chain beyond […]
Bitcoin hashrate down ~15% since June 15, steepest drop in 3 years
In what looks to be the most dramatic decline in three years, Bitcoin’s hashrate dropped over 15% between June 15 and Tuesday.
Critical Ripple Upgrade Hitting the XRP Ledger: What You Need to Know
The XRP Ledger (XRPL) has launched version 2.5.0 of its software, bringing several improvements to the network. This marks a major step for XRPL, which is working to compete more directly with blockchain platforms like Ethereum and Solana. Updates and Bug Fixes One of the release’s most notable features is support for batch transactions. This allows […]
SharpLink Boosts Ethereum Treasury with $30M Purchase and Full Staking Deployment
SharpLink Gaming added over $30 million in Ethereum to its treasury between June 16 and June 20. The company acquired 12,207 ETH at an average price of $2,513. This pushed its total ETH holdings to 188,478, now worth about $461 million. 🔥 SharpLink is absolutely crushing it with their #Ethereum strategy! They've added another 12,207 […]
Bitcoin price analysis now sees up to $111K liquidity grab next
Bitcoin exchange order books reveal a liquidity showdown in waiting as BTC price consolidates in a narrow range.
Crypto Daybook Americas: Bitcoin Nears $107K as Ceasefire Lifts Markets, Powell Eyed
By Francisco Rodrigues (All times ET unless indicated otherwise) Crypto prices rose on Wednesday, riding the same relief wave that lifted global equities after Iran and Israel accepted a U.S.-brokered ceasefire. With the threat of an immediate oil supply crunch fading, traders moved back into risk assets. The price of bitcoin BTC rose to near […]
Pi Network (PI) Price Predictions for This Week
Pi Network found support and bounced hard. PI Coin Price Predictions to Watch This Week Key Support levels: $0.52 Key Resistance levels: $0.67 1. Pi Coin Price Rallies Off Support As soon as PI touched the support at $0.52, its price entered into a sustained rally that took it all the way to 64 cents […]
Shiba Inu Whales Snap Up 10T SHIB, Prices Chalk Out Descending Triangle Pattern
Shiba inu (SHIB) whales went bargain hunting early this week after prices dropped to a 16-month low of $0.00001005. According to CoinDesk’s AI research, whales purchased 10.4 trillion SHIB tokens, worth over $110 million, on Monday, marking the largest daily accumulation in five months. The whale action has likely contributed to the cryptocurrency’s 17% price […]