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Cryptography News
Coindoo
1w
31
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Bitcoin Rally Hits a Wall as Bearish Signals Emerge
- Bitcoin struggles to break the $109,000 level, signaling a possible retreat below $100,000.
- Bearish signals include a Stochastic RSI bearish crossover and RSI pulling back from overbought territory.
- Analyst warns of Bitcoin rejection near $108,600 and suggests a potential support zone between $101,000 and $103,000.
- Bitcoin's future movement relies on its ability to surpass $109,000 level and maintain it with strong volume.
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Bitcoinmagazine
1w
183
Deutsche Bank To Launch Bitcoin and Crypto Custody Services
- Deutsche Bank plans to launch Bitcoin and crypto custody services in 2026.
- The German banking giant will integrate Bitpanda’s custody infrastructure and collaborate with Taurus to build comprehensive solutions.
- Deutsche Bank's move follows a broader push into Bitcoin and crypto alongside other major financial institutions.
- The launch reflects growing institutional interest in Bitcoin and crypto, driven by regulatory support and positive developments.
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Coindoo
1w
302
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Stablecoins Under Scrutiny as Crime Concerns Grow, Say Analysts
- The Financial Action Task Force's recent alert has sparked discussions on managing stablecoin risks without stifling innovation.
- Experts advocate for balanced regulation and improved tracking of stablecoin activity to combat growing illicit usage.
- Calls for bringing digital assets under the same anti-money laundering standards as traditional finance to ensure safety without hindering adoption.
- Concerns raised over the need for consistent global oversight and enforcement mechanisms to address stablecoin misuse and illicit activities.
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Bitcoinmagazine
1w
200
Breez SDK Onboards 12 More Apps To The Bitcoin Lighting Network in Q2
- The Breez SDK onboarded 12 more apps to the Bitcoin Lighting Network in Q2, aiming to fuel Bitcoin's global adoption.
- The integration of Lightning Network through Breez SDK was found to be simple and provided users with a seamless user experience, reinforcing the importance of Bitcoin as universal money.
- Some of the apps that adopted Bitcoin Lightning Network in Q2 include Bitmo, Bitpost, Brio, DIDx, Grimm App, Klever, Loom21, Mooze Labs, Ordermoon, Sorted, Tokyo Bitcoin Base, and Yolat.
- The adoption of the Bitcoin Lighting Network is increasing, with 12 companies integrating Breez's SDK in Q2, showcasing an upward trend from the previous quarter.
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Coindoo
1w
204
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Bitcoin ETFs See Massive $3B Inflow as Investor Optimism Builds
- Bitcoin ETFs have experienced a significant $3 billion inflow as investor confidence grows amidst global uncertainty, rebounding from a lull in early June.
- The majority of the capital influx occurred during a surge on June 24 and 25, with over $1.1 billion pouring in. Funds like BlackRock’s IBIT, Fidelity’s FBTC, and Ark’s ARKB were among the leaders in attracting investments, with ARKB notably receiving a substantial injection, indicating increased institutional interest.
- Bitcoin's price stability above $107,000 during the week likely contributed to the trend of inflows, providing investors with a sense of confidence.
- The ease in outflows from legacy fund GBTC suggests a maturing ETF market, as new investments drive the market instead of capital merely shifting between products. This influx in ETF investments aligns with an 11-week streak of global inflows into crypto investment products, predominantly led by U.S.-based ETFs, with total sector assets nearing $49 billion.
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Cryptopotato
1w
63
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Bitcoin (BTC) Made History in Q2 but What’s Next?
- Bitcoin had an impressive second quarter, reaching all-time highs and closing at around $107,500 at the end of June.
- BTC's exchange netflow has been negative, indicating a shift towards self-custody methods and reduced immediate selling pressure.
- Rising inflows into spot BTC ETFs suggest sustained investor appetite and institutional confidence.
- Price forecasts for BTC remain optimistic, with predictions of a surge above $160,000 and potential new historic peaks.
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Cryptopotato
1w
259
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VeChain Kicksoff $15M StarGate Staking Program After SEC’s Staking Clarity
- VeChain is launching a $15 million StarGate staking program on July 1, following SEC's clarification on protocol staking not being a securities offering.
- The StarGate program will utilize NFT technology and aim to enhance VeChainThor's staking structure to attract developers and institutional participants.
- VeChain Foundation allocated 5.48 billion VTHO tokens for rewards to drive early adoption, offering various staking tiers with higher yields for larger commitments.
- VeChain's CEO praised the SEC's decision, stating that their staking model aligns with regulations, treating rewards as compensation for network services.
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Coindoo
1w
340
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Japanese Company Expands Into Crypto With New Investment Arm
- Japanese company CyberStep has launched a new division called CRYPTECH Capital to manage digital assets generated through its Web3 projects.
- The goal of CRYPTECH Capital is to convert tokens earned from blockchain-based platforms into major cryptocurrencies like Bitcoin and Ethereum to strengthen its position in the digital asset economy.
- Eggle, a blockchain game developed by CyberStep, will play a central role in CRYPTECH's token ecosystem, aiming to operate as a self-sustaining economic model.
- CyberStep has initially committed 200 million yen ($1.25 million) to CRYPTECH Capital, with plans to scale up to 1 billion yen ($6.25 million) based on market evolution, marking a shift towards active participation in crypto markets.
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Coindoo
1w
264
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Bitcoin Cash Breaks Out: Can the Rally Hit $1,700?
- Bitcoin Cash (BCH) has surged past $526, experiencing a strong uptrend throughout the month driven by expectations of U.S. Federal Reserve interest rate cuts.
- The token has gained 75% in the last quarter, boasting a $10.3 billion market capitalization with trading activity up over 70% and a price near $521 currently.
- Analysts attribute the rally to a technical breakout as BCH surpassed a falling trendline, triggering bullish sentiment among traders.
- Despite the positive outlook, the crypto market's sensitivity to macroeconomic shifts and changes in sentiment could potentially derail the current uptrend.
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Cryptopotato
1w
298
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Tesla Shares Drop as Donald Trump Threatens Subsidy Cuts Following Elon Musk Clash
- Tesla shares decline by about 5% in pre-market trading amid a heated exchange between Donald Trump and Elon Musk.
- Trump threatens subsidy cuts, criticizing Musk's subsidies and suggesting Musk may have to close his businesses without them.
- Musk counters Trump's claims, proposing the president should actually cut the subsidies.
- Speculation rises about Musk forming a new political party, 'America's Party,' with odds currently standing at 40%.
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Coindoo
1w
132
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U.S. State Bans Government Holdings in Bitcoin and Crypto
- Connecticut's Governor Ned Lamont signed a bill prohibiting all state agencies from investing in or accepting cryptocurrencies, including Bitcoin.
- The legislation, House Bill 7082, includes disclosure requirements for virtual currency firms operating in the state to warn customers about transaction irreversibility and common scams.
- Lawmakers aim to protect consumers from the volatile nature of digital assets, and the bill received unanimous approval in the state legislature, showcasing bipartisan support.
- While Connecticut opts out of government cryptocurrency investments, other states like Texas, Arizona, and New Hampshire are embracing Bitcoin in their public reserves, illustrating a national divide on the issue.
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Coindoo
1w
166
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ADA Slides 15%, Pi Builds Tension While BlockDAG’s U.S. Deal Sparks Bullish Buzz
- Cardano (ADA) struggles with a 15% slide and faces challenges staying above $0.55 amid high sell pressure and technical weakness.
- Pi Network is consolidating between $0.54 and $0.74, signaling a potential breakout, with the upcoming Pi2Day event adding anticipation.
- BlockDAG gains momentum with a U.S. partnership, raising $327 million, offering coins at $0.0016, and preparing for an exchange listing, setting a bullish tone.
- BlockDAG's strategic moves contrast with Pi Network's and Cardano's current status, positioning itself as a well-planned and actively growing crypto.
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Coindoo
1w
344
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Bitget and Mastercard Launch Crypto Card for Global Spending
- Bitget and Mastercard have collaborated to launch a crypto card for global spending, allowing users to spend digital assets at over 150 million locations supported by Mastercard.
- The virtual card, available through the Bitget Wallet app, is funded in real-time through onchain swaps and deposits, enabling instant loading into mobile wallets for immediate online and offline use.
- The partnership with Immersve ensures crypto-to-fiat conversions and compliance with Mastercard's regulatory standards like AML and KYC; starting in the UK and EU, there are plans to expand to other regions like Latin America, Australia, and New Zealand.
- This move reflects the increasing emphasis on real-world crypto integration, with Bitget Wallet aiming to bridge decentralized finance with traditional payments; the card offers yield opportunities, rewards, and transaction-based bonuses to incentivize adoption.
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Coindoo
1w
230
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Bitcoin Eyes $110K as Macro Trends Ignite Altcoin Momentum
- Bitcoin has been trading within a tight range, currently around $106,753, with the market turning bullish due to inflationary fears and traditional investors moving towards risk-on assets like cryptocurrencies.
- Institutional interest in Bitcoin remains strong with MicroStrategy acquiring more BTC, while retail investors are exploring alternative tokens with higher growth potential.
- Bitcoin's performance is analyzed in relation to the US dollar, S&P 500 rebalancing effects, potential inflation hedge, and the growing interest in altcoins as BTC approaches $110,000.
- The article suggests a shift in investor sentiment towards higher-risk altcoins like FloppyPepe, offering unique features and potentially higher returns compared to Bitcoin.
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Cryptopotato
1w
408
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3 Things to Watch in Ripple’s (XRP) Price Today
- XRP is currently testing the resistance at $2.3, with speculation on whether it will break this level.
- Key support levels for XRP are at $2, while key resistance levels are at $2.3, $2.6, and $3.
- The cryptocurrency has shown positive signs as buyers pushed the price to $2.3, hinting at potential further upward movement towards $2.6.
- Optimism is returning to XRP as it aims for higher highs, with indicators like the MACD turning bullish across different timeframes.
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