SPX6900 has ripped 23% higher in the past month, outpacing not just the S&P 500, but also a long list of blue-chip altcoins. For a meme index born from internet culture and irreverent finance, that kind of run reinforces one thing: the 6900 effect is alive and kicking. While traditional markets obsess over earnings calls…
BIO, the native utility and governance token of the Bio Protocol, surged to a five-month high yesterday amid significant network developments. The positive momentum surrounding BIO has sparked optimism in the market for what analysts are calling a ‘DeSci Summer.’ Bio Protocol (BIO) Hits 5-Month High as ‘DeSci Summer’ Hopes Revive Bio Protocol is a…
Fifteen years ago today, Satoshi Nakamoto typed out a short, almost casual statement on a Bitcoin forum that would end up sounding prophetic: “The utility of the exchange made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be net waste.” It traded for a mere $0.07 at…
Public companies are intensifying their efforts to raise funds to boost their Ethereum (ETH) reserves, with Vitalik Buterin expressing support for ETH treasury firms. However, the Ethereum co-founder also warned about the dangers of excessive leveraging. He cautioned that if treasuries become overly leveraged, it could lead to catastrophic consequences for Ethereum. Companies Push Forward…
Several Bitcoin mining companies recorded a clear performance recovery in July with increased mining output. This recovery reflects the flexible adaptability of mining infrastructure and the effectiveness of energy management strategies. Bitcoin Miners Recover Strongly Data from Blockchain.com indicates that the total network hashrate rebounded significantly in July, nearing its all-time high. This demonstrates that…
On Thursday, the decades-old wall separating US retirement accounts from direct crypto exposure came down — and the potential capital inflow is staggering. President Donald Trump signed an executive order that will open 401(k) retirement plans to a broader range of alternative assets, including private equity, real estate, and — for the first time —…
As blockchain firms and decentralized organizations reshape compensation models, more employees worldwide are receiving parts of their salaries in cryptocurrencies. According to a recent survey by Pantera Capital, the stablecoin USDC has solidified its position as the preferred payroll token, particularly among Asia-based workers who face traditional banking hurdles. USDC Exceeds USDT and Others in…
The crypto market is experiencing a rise in adoption, with assets reaching record highs. Furthermore, stablecoins have emerged as a cornerstone of this expansion and have proven to be the backbone of the real-world economy. However, Christopher Perkins, President of CoinFund, cautions that ‘security’ remains the largest risk to the rising stablecoin momentum. In an…
Ethereum (ETH) is attempting to break out of a crucial resistance level after recovering from last week’s lows. Some analysts suggested that the cryptocurrency is repeating past breakout playbooks, which could lead to a new high this quarter. Fourth Time’s The Charm? On Thursday, Ethereum retested the $3,850 level after recording a 6.3% surge in…
President Trump has nominated Stephen Miran, current chair of the Council of Economic Advisers, to the Federal Reserve Board of Governors. The crypto-friendly economist will replace Adriana Kugler in a temporary role through January 2026. This move signals potential shifts toward lower rates and crypto-supportive monetary policy. Miran’s Strong Pro-Crypto Stance Miran has been vocal…