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Cryptocurrency News
Crypto-News-Flash
4d
234
Image Credit: Crypto-News-Flash
Snoop Dogg Sells Nearly 1M NFTs on Telegram, Nets $12M in 30 Minutes
- Snoop Dogg sold nearly 1 million NFTs on Telegram in 30 minutes, earning $12 million, showcasing the enduring popularity of NFTs.
- The NFTs were tied to the TON blockchain's digital gifts feature on Telegram, offering social utility by being displayable on profiles and exchangeable for Stars.
- Snoop Dogg's collection was inspired by his lifestyle and included elements like vintage cars, marijuana, and digital dogs, alongside a Telegram-themed song.
- The success of Snoop's NFT sale comes amidst a declining NFT market, pointing towards NFTs potentially moving beyond price speculation to emphasize their social integration and purpose.
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99Bitcoins
4d
387
Greece Makes First-Ever Crypto Asset Seizure After Bybit Hack
- Greek authorities have conducted their first crypto asset seizure, recovering $28,000 following a phishing attack linked to a Bybit account.
- Over $150,000 was stolen in the incident, with a portion of the funds traced to a regulated European exchange and subsequently frozen by court approval.
- This milestone demonstrates that Greece is capable of pursuing crypto crimes through coordinated legal and regulatory measures, offering hope for victims of theft.
- The seizure sets a precedent for increased enforcement in Europe and encourages exchanges to enhance compliance and facilitate investigations.
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Cryptonews
4d
189
XRP, DOGE and SOL: Thumzup Board Greenlights Crypto Expansion Beyond Bitcoin
- Thumzup Media Corporation's board has approved exploring the addition of digital assets like Ethereum, XRP, SOL, and others to its Bitcoin treasury after raising US$6.5 million.
- The firm currently holds 19.11 BTC valued at over US$2.1 million and is considering diversifying its digital assets to enhance financial flexibility.
- CEO Robert Steele stated that no new assets have been added yet, with the board's approval limited to reviewing potential acquisitions for shareholder benefit.
- Notably, Donald Trump Jr. has acquired a US$4 million stake in Thumzup but is not directly involved operationally in the company, following a recent private offering managed by Dominari Securities.
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TheNewsCrypto
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343
Badchain’s Roast-as-a-Service: Turning Hype into a Marketing Asset
- Badchain is introducing Roaster, a platform that turns roasting into a community engagement and marketing strategy in the crypto space.
- Roasting, when done effectively, can lead to real engagement, conversation, and community trust, unlike fake hype.
- Roaster aims to reward users for roasting topics or brands, fostering authentic engagement and sustaining attention in the crypto world.
- The Roaster system operates on the premise of Culture-First, Then Capital, where roasts evolve into tokens with community-tested value, driving long-lasting engagement and discourse.
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Newsbtc
4d
153
Image Credit: Newsbtc
Is Bitcoin Ready to Pop? Analyst Warns of Sell-Side Liquidity Squeeze as Whales Take Over
- Bitcoin is consolidating just below its all-time high, hovering around $109,000 with a 1.9% gain.
- On-chain data suggests potential changes in Bitcoin's trajectory, with a focus on supply dynamics and institutional demand.
- Bitcoin exchange reserves have dropped to multi-year lows, indicating decreasing selling pressure and historically preceding price expansions.
- Binance dominates whale transaction flows, serving as the primary venue for large-scale BTC movements, indicative of strong liquidity and infrastructure.
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Bitcoinist
4d
181
Image Credit: Bitcoinist
Bitwise Says the Next Trillion-Dollar Crypto Wave Could Start With These 4 Tokens
- Bitwise Asset Management's recent client note highlights Ethereum (ETH), Solana (SOL), XRP, and Chainlink (LINK) as potential beneficiaries of the growing trend of tokenizing real-world assets on the blockchain.
- Institutional investors are showing interest in on-chain financial assets, with recent developments such as Robinhood and Kraken introducing tokenized stock trading platforms and financial institutions investing in blockchain networks for tokenized assets.
- Regulatory support for tokenization is increasing, with SEC Commissioner Paul Atkins recognizing it as a significant innovation. Real-world applications like a $200 million tokenization initiative on the XRP Ledger are also emerging.
- Bitwise suggests that the total addressable market for tokenization, with global stock and bond markets valued at $257 trillion, could lead to trillions of dollars flowing through blockchain ecosystems if even modest adoption rates of 1% to 5% are achieved.
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99Bitcoins
4d
125
SEC Official Says Tokenized Assets Are Still Securities Under U.S. Law
- SEC official David Hirsch emphasizes that tokenized assets remain subject to securities laws if classified as securities.
- Tokenizing traditional assets like stocks or bonds on a blockchain doesn't alter their legal treatment under U.S. law.
- Hirsch warns that tokenized products will be governed by the same regulations including disclosure and registration requirements.
- Regulators are closely monitoring major firms like BlackRock and Franklin Templeton venturing into tokenized finance.
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Cryptonews
4d
315
SEC’s Hester Peirce: “Tokenisation Isn’t Magic—Tokenised Shares Remain Securities”
- Hester Peirce, head of the SEC's crypto taskforce, cautioned market participants that tokenization does not change the security status of underlying assets.
- Peirce emphasized the importance of adhering to securities laws for tokenized assets and suggested issuers consult with the SEC to clarify legal obligations.
- She highlighted the risks associated with tokenized securities and reminded issuers and purchasers to be aware of regulatory requirements.
- The tokenization of real-world assets has rapidly grown, with over $24 billion in tokenized assets reported, and projections suggest a potential market size of up to $30 trillion by 2034.
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Cryptonews
4d
117
XRP Rises as Ripple Taps BNY Mellon to Custody US$500 Million in RLUSD Reserves
- Ripple partners with BNY Mellon for custody of RLUSD stablecoin reserves, aiming for institutional adoption.
- RLUSD ranks as the 16th largest stablecoin with a market cap of US$501 million, targeting institutional clients.
- Ripple CEO Brad Garlinghouse advocates for clearer crypto regulation before the US Senate Banking Committee.
- XRP rises nearly 5% to US$2.42 following the announcement, amidst a broader uptrend in the crypto market.
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Cryptonews
4d
12
GameSquare Shares Surge as Board Greenlights $100M Ethereum Treasury
- GameSquare's board approved a $100M phased investment into Ethereum, supported by an $8M public offering underwritten by investors with guidance from crypto firm Dialectic.
- CEO Justin Kenna aims to enhance financial flexibility, pursue on-chain yield, new revenue streams, share buybacks, and DeFi expertise through the move.
- Following the announcement, GameSquare's shares surged nearly 60% as the price of Ethereum rose to $2,780, reflecting a broader trend of publicly traded companies entering the Ethereum space.
- The news highlights GameSquare's strategic shift towards Ethereum investments and the positive market response, with shares closing at $2.16 and the company's market cap surpassing $84.5M.
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Cryptopotato
4d
669
Image Credit: Cryptopotato
Why July Is Critical for XRP ETF Approvals
- July is a crucial month for XRP-related ETF launches in the U.S. with key deadlines set by ProShares, Turtle Capital, and Volatility Shares.
- ProShares plans to launch three futures-based XRP ETFs on July 14 pending SEC approval, providing new options for traders seeking XRP exposure.
- Turtle Capital and Volatility Shares target July 21 for potential XRP ETF debuts, while more than 10 spot filings are awaiting an SEC decision by mid-October.
- The SEC has not objected to the launch of futures-based XRP ETFs, but spot-based versions are yet to receive approval.
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Coindoo
4d
806
Image Credit: Coindoo
Best Crypto Coins to Buy Now: BlockDAG, Mantle, SKY, and VeChain Driving Big Moves in 2025
- BlockDAG leads as one of the best crypto coins to buy now, offering active mining.
- Mantle gains attention for DeFi activity and growth in total value locked.
- SKY emerges as a contender, with notable price movement and ecosystem updates.
- VeChain returns stronger with increased network activity and new business partnerships.
- Notable coins for investment in terms of growth potential and market movements.
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Bitcoinist
4d
388
Image Credit: Bitcoinist
Is Bitcoin Entering A Bear Market? This Metric Has Quietly Flipped
- The Bitcoin RHODL Ratio, which measures the ratio between the Realized Cap of two HODL wave bands, has been showing an upward trend recently, suggesting a potential cycle transition.
- This metric tracks the capital invested in Bitcoin, focusing on two specific market segments: coins held for 1 day to 3 months and coins held for 6 months to 2 years.
- The recent increase in the Bitcoin RHODL Ratio indicates a shift towards more wealth held by long-term holders, marking a potential transition away from bull markets.
- The RHODL Ratio is currently below peak levels from previous Bitcoin cycles, raising questions about whether this trend signifies a long-term shift or a temporary deviation.
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Blockonomi
4d
48
Image Credit: Blockonomi
XRP Holds at $2.21, But This Crypto Coin Is on Track for a 20% Price Hike to $0.035
- XRP is currently trading near $2.21 and struggling to break through resistance as retail investors shift focus to other tokens showing momentum.
- Mutuum Finance (MUTM) is generating attention with over 68% of Phase 5 tokens sold at $0.03, anticipating a 20% price jump to $0.035 in Phase 6 before listing at $0.06.
- Analysts foresee Mutuum Finance (MUTM) potentially reaching $2 post-launch, driven by token demand, protocol adoption, and total value locked, with only 4 billion total tokens in supply.
- Mutuum Finance (MUTM) stands out with a utility-based model that offers passive income through a dividend distribution system and mtToken staking, aiming for mainstream DeFi adoption with upcoming Beta Launch and CertiK approval.
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TronWeekly
4d
40
Image Credit: TronWeekly
GMX Halts V1 Trading After $42M Crypto Hack Hits Arbitrum Liquidity Pool
- GMX experienced a $42 million crypto hack on its V1 GLP pool on Arbitrum due to a logic flaw.
- The attacker converted stolen funds to ETH, DAI, and other tokens and bridged them to Ethereum.
- To recover funds, GMX offered a 10% bounty and halted V1 trading while investigating the exploit.
- The security breach led to GMX suspending V1 trading, GLP minting, and redemption to prevent further risks.
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