If the U.S. House of Representatives manages to reach a floor vote on the Senate’s stablecoin bill next week, it could result in President Donald Trump fulfilling at least half of his mission to deliver new laws for the crypto sector this summer. That’ll be a highlight among a bundle of actions during a period […]
News from Web3, Bitcoin and crypto crurrency launches and market updates
Shiba Inu (SHIB) whales have stepped up their sales as the cryptocurrency’s price recovery looks to gather steam alongside an uptick in futures market activity. The path of least resistance still appears to be on the higher side. SHIB, the world’s second-largest meme token by market value, traded above the 23.6% Fibonacci retracement of the […]
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) is hovering around $108,600, pretty much unchanged over 24 hours. The broader CoinDesk 20 (CD20) index added 1.8%, shrugging off the uncertainty surrounding President Trump’s recent tariff threats against various countries. President Donald Trump sent letters to 14 nations, including key partners in Asia, […]
Polymarket is locked in another controversy over the interpretation of UMA, a decentralized oracle that utilizes token holder voting to resolve prediction markets. UMA – a protocol which is a separate entity from Polymarket – is no stranger to controversy, having ruled before with interpretations that even Polymarket doesn’t agree with. This time, it’s about […]
BNB (BNB) moved in a narrow $5.73 band between $656.83 and $662.61 during the last 24-hour stretch, as traders navigated a mix of global macro developments and ongoing regulatory scrutiny tied to Binance, the exchange associated with the token. Volatility in BNB clocked in at just 0.87%, reflecting a wider sense of caution across risk […]
Benchmark’s Mark Palmer initiated coverage of Semler Scientific (SMLR) with a buy rating and a $101 price target, citing the company’s dramatic pivot from medical diagnostics to bitcoin (BTC) accumulation as a key value driver. Semler, which spent over 15 years focused on chronic disease detection, adopted bitcoin as its primary treasury reserve asset in […]
Tether, the company behind the world’s largest stablecoin USDT (USDT), has made a strategic investment in blockchain analytics firm Crystal Intelligence to increase efforts to root out crypto-related crime with its token. The investment gives Tether direct access to Crystal’s suite of tools for real-time risk monitoring, fraud detection and regulatory intelligence, bolstering the company’s […]
BONK continued its explosive run, climbing 11% over the 24 hours ending July 8 with trading volume surpassing $1 billion. After plunging to $0.000021124, BONK staged a dramatic recovery and closed at $0.000022868. As of the latest reading, the token trades at $0.0000228, slightly off highs but firmly within bullish territory. A consolidation zone formed […]
By Omkar Godbole (All times ET unless indicated otherwise) The one thing bitcoin (BTC) bulls constantly discuss is liquidity easing through Fed interest-rate cuts and the possibility of rates falling back to zero, just as in 2020-21. Back then, the zero rate triggered an unprecedented bull run throughout the financial markets, including low-cap altcoins. Now, […]
By Omkar Godbole (All times ET unless indicated otherwise) It’s said that price is the best measure of appeal of any asset. To the dismay of bitcoin (BTC) bulls, the largest cryptocurrency’s price hasn’t gone anywhere in over 50 days, trading directionless above $100,000. That stagnation has, unusually, eroded the call bias in long-term options. […]
A new Ethereum proposal, co-authored by Vitalik Buterin and Toni Wahrstaetter. aims to impose a hard cap on the maximum gas a transaction can consume in a move developers say could strengthen network stability and make the chain more viable for certain applications. The proposal, EIP-7983, suggests limiting individual transactions to 16,777,216 gas (2²⁴) — […]
Latin American cryptocurrency exchange Mercado Bitcoin plans to tokenize over $200 million in real world financial assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL). The move marks one of the largest tokenization efforts by a Latin American institution on XRPL, according to a press release. The tokenization of real-world assets […]