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Cryptocurrency News
Cryptonews
1w
259
Genius Group Supercharges Bitcoin Bet, Aims for 10,000-BTC Treasury
- Genius Group aims to accumulate 10,000 BTC over the next one to two years, increasing its goal tenfold.
- The company secured a US$1.1 billion equity funding agreement with H.C. Wainwright & Co., part of its funding plan involving debt, convertible notes, preferred shares, and operating revenue.
- Genius Group utilizes BTC Yield as a performance indicator and actively generates yield from its Bitcoin holdings through various strategies like staking, lending, covered calls, and trading.
- The company's CEO stated that achieving the 10,000 BTC target will contribute to sustained corporate and shareholder growth, aligning with the company's strategy to integrate Bitcoin into its operations for long-term development.
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15 Likes
Newsbtc
1w
221
Dogecoin Resistance Walls Ahead: Analyst Flags 3 Key Levels
- An analyst has identified three key resistance levels for Dogecoin based on on-chain data.
- The UTXO Realized Price Distribution (URPD) indicator reveals supply walls at $0.18, $0.21, and $0.36, with $0.18 having the largest impact.
- Investors often react when prices retest significant supply levels, potentially leading to market resistance.
- If Dogecoin breaks above the resistance levels, it might find easier paths for upward movement, while strong support is identified at $0.07.
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6 Likes
TronWeekly
1w
525
Image Credit: TronWeekly
PEPE Price Ready To Moon As Experts Give Expectations Of A 20x Surge
- Experts predict a potential 20x surge in the price of PEPE, with a target of $0.000015 if support holds at $0.0000102.
- Chart patterns suggest a bullish trend for the meme coin, indicating a possible rally fueled by meme coin hype.
- Analysis indicates a repeating breakout pattern in PEPE's price history, with the potential for significant growth up to 20 times the current value.
- PEPE's next move is closely monitored, with expectations of reaching $0.000015 if it maintains support at $0.0000102, supported by a bullish setup and market analysis.
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25 Likes
Cryptonews
1w
285
Confusion Surrounds Pump.fun Token Sale As Gate Exchange Removes Launch Page
- Confusion arises as the launch page for pump.fun's utility token, PUMP, is removed from crypto exchange Gate's website shortly after news of the launch leaked.
- Speculation surrounds whether the planned launch of PUMP by pump.fun will proceed as pages related to the launch have been deleted from Gate and pump.fun websites.
- The token sale for PUMP was scheduled to start from July 12, with 150 billion tokens priced at US$0.004 each, potentially generating a profit of US$600 million if all tokens were sold.
- Currently, there has been no official statement from pump.fun or Gate regarding the status of the PUMP launch, leading to uncertainty among investors and questions regarding the validity of the token sale.
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17 Likes
Bitcoinist
1w
383
Image Credit: Bitcoinist
Bitcoin Summer Lull Here? Trading Volume Plummets to Yearly Lows
- Bitcoin Spot and Futures Volumes have dropped to new yearly lows despite the price holding around $110,000.
- Both Spot and Futures Trading Volumes spiked during the rally beyond $100,000 last year, but have since declined.
- Investor interest is waning as Spot Volume hit $5 billion and Futures Volume reached $31.2 billion, both at their lowest in over a year.
- The Options market is also showing a similar trend with decreasing ATM Implied Volatility, indicating lower volatility expectations in the future for Bitcoin.
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23 Likes
TronWeekly
1w
306
Image Credit: TronWeekly
Hyperliquid’s $1.7M Daily Fees Surpass Solana and Ethereum’s Totals
- Hyperliquid's daily transaction fees of $1.7 million surpass leading blockchain networks like Solana, Ethereum, and Bitcoin.
- The platform processed 447 million transactions daily with no gas fees, indicating high user demand.
- Hyperliquid's market cap reached $13.3 billion, with its performance and functionality attributing to increased interest and revenue.
- The platform's annualized revenues are around $798 million, positioning it to become one of the most profitable in the crypto world.
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18 Likes
Cryptoticker
1w
208
Image Credit: Cryptoticker
BIG Crypto News: EU Approves 14 Stablecoin Issuers Under MiCA
- The EU's Markets in Crypto-Assets (MiCA) regulation has authorized 14 stablecoin issuers under its framework, with 20 e-money tokens (EMTs) currently live in 7 EU countries.
- Authorized EMT issuers span across various countries including Germany, Lithuania, France, Denmark, Finland, Netherlands, Czech Republic, and Malta.
- Additionally, 39 Crypto-Asset Service Providers (CASPs) have been approved in 9 EU/EEA countries, comprising traditional finance institutions, fintech companies, and crypto exchanges.
- There is a lack of authorized asset-referenced token (ART) issuers currently, with around 30 whitepapers filed for assets like BTC and ETH, and several CASPs flagged as non-compliant.
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12 Likes
Coinpedia
1w
378
Image Credit: Coinpedia
Little Pepe (LILPEPE) Projected to Beat Shiba Inu, PEPE, and Bonk in the Race to $20 Billion Market Cap
- Little Pepe (LILPEPE) emerges as a strong contender in meme coin race.
- Unique utility and momentum push LILPEPE towards a $20 billion market cap.
- Presale success, infrastructure, and real revenue model set LILPEPE apart from competitors.
- LILPEPE's innovative features and community support position it for rapid growth and success.
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22 Likes
Cryptonews
1w
51
SEC Urges Solana ETF Issuers to Re-File S-1s by July-End to Fast-Track Approvals
- The SEC is urging Solana ETF issuers to revise and resubmit S-1 filings by the end of July to expedite approvals before an October deadline.
- This move follows the recent launch of the REX-Osprey SOL and Staking ETF under a 1940 Act loophole, prompting regulators to speed up reviews to maintain market fairness.
- With Solana gaining popularity among institutional investors, there is speculation that SOL could rival or exceed Ethereum in institutional adoption for corporate treasuries.
- The eligibility for web story generation is false as the news is focused on regulatory actions and market developments related to Solana ETFs, which may not be suitable for a web story format.
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3 Likes
TronWeekly
1w
123
Image Credit: TronWeekly
XRP’s Next Move: Will Breaking $2.30 Trigger Explosive Gains?
- XRP's trading volume surged despite a minor price decline, with bullish trend showing potential for upward momentum.
- Analysts indicate that reclaiming $2.25 and breaking above $2.30 may lead XRP towards $2.69 and $3.04.
- Market activity has significantly increased for XRP, with important support levels identified at $2.00 and $2.10.
- Speculation on a Ripple ETF launching in 2025 could potentially boost XRP's momentum, focusing on breaking the $2.30 level for a price rally.
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7 Likes
Cryptonews
1w
344
Jack Dorsey Unveils Bitchat Beta—Offline, Bluetooth-Only Group Chat with ’90s Nostalgia
- Jack Dorsey, CEO of Block and Twitter’s co-founder, has launched Bitchat beta, a peer-to-peer messaging app fully reliant on Bluetooth technology, reminiscent of 90s IRC-style messaging.
- Bitchat uses Bluetooth mesh networks without servers or logins, allowing messages to be relayed from device to device with end-to-end encryption and automatic deletion, making it suitable for events like protests or festivals.
- The app operates on Bluetooth Low Energy mesh networks, enabling direct communication between devices without centralized servers. Messages are end-to-end encrypted and disappear by default, with group chats called 'rooms' managed through hashtags and passwords.
- Bitchat's TestFlight slots quickly reached the 10,000 user-capacity, but a broader release is in the pipeline. The app's design makes it advantageous for offline scenarios, such as festivals or protests, where conventional networks may be unreliable.
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20 Likes
99Bitcoins
1w
408
Solana’s Tokenized Stock Market Jumps to $48 Million as On-Chain Trading Grows
- The market cap for tokenized stocks on the Solana network has surged from $13 million to over $48 million in just two weeks, showcasing a rising interest in on-chain trading of real-world assets.
- Solana's fast transaction speeds and low fees make it well-suited for trading tokenized equities like Apple and Tesla across different time zones.
- While tokenized stocks on Solana track real stock prices, they do not provide voting rights or dividends, serving as tools for price exposure rather than complete stock ownership.
- Projects such as Backed Finance and Jupiter are fostering adoption by linking traditional stocks with DeFi infrastructure, bridging the gap between equities and decentralized finance.
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24 Likes
Cryptonews
1w
89
Metaplanet Cranks Up Bitcoin-Buying, Now Holds More Than 15,555 BTC
- Metaplanet, a Japanese company, has increased its Bitcoin holdings by adding 2,205 BTC, totaling 15,555 BTC at an average price of $108,237 per coin.
- Metaplanet ranks as the fifth-largest public company in terms of Bitcoin holdings, following MicroStrategy, which holds over 597,000 BTC.
- Other companies like Strategy, ProCap, and Semler Scientific are also increasing their corporate Bitcoin investments.
- Critics like Scaramucci and Breed VC caution that the corporate Bitcoin trend may not be sustainable if companies lack strong core businesses to support these treasury plays.
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5 Likes
TronWeekly
1w
221
Image Credit: TronWeekly
US Court Dismisses Coin Center’s Treasury Appeal Over Tornado Cash Ruling
- The U.S. Court of Appeals dismisses Coin Center's appeal over the Treasury's sanctions on Tornado Cash, as OFAC lifts sanctions on the crypto mixer.
- Tornado Cash co-founder Roman Storm still faces federal criminal charges in New York despite the legal battle's end.
- TORN token price spiked following the legal resolution, but regulatory scrutiny on mixers remains.
- The dismissal marked the official end of the court battle over the sanctions, with Coin Center and OFAC reaching a resolution, while Roman Storm's trial continues.
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13 Likes
Bitcoinist
1w
21
Image Credit: Bitcoinist
Will 600K Bitcoin Be The Tipping Point? Saylor’s Strategy Sparks Institutional Wave
- MicroStrategy currently holds 597,325 BTC valued at nearly $65 billion, just shy of the 600,000 mark.
- The company made its 12th consecutive weekly purchase of 4,980 BTC, sparking interest in CEO Michael Saylor's next move.
- Strategy's buying spree has influenced other companies to add a combined 8,400 BTC to their balance sheets, pushing Bitcoin closer to its record high.
- A class-action lawsuit alleging undisclosed losses in Q1 2025 poses a challenge for Strategy, while the market eagerly anticipates Saylor's next move to potentially impact Bitcoin prices.
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1 Like
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