The crypto market is up today, with most of the top 100 coins per market turning green. The cryptocurrency market capitalization has dropped by 2.7% over the past 24 hours, but it still holds above $4 trillion, now standing at $4.03 trillion. At the same time, the total crypto trading volume is at $148 billion,…
Major BTC lender Ledn has announced the launch of its Private Wealth program, “a tiered experience with relationship managers, expedited processing, and preferential rates.” Per the press release shared with Cryptonews, this program is specifically for high-net-worth clients, institutional investors, and corporations that “want to turn long-term Bitcoin holdings into strategic capital.” The new offering…
Perplexity AI predicts that a range of top-tier altcoins could reach unprecedented price levels by late 2025, bolstered by the likelihood of another Bitcoin bull run. Bitcoin surged to an all-time high of $122,838 last Monday, a milestone that analysts suggest could hasten the mainstream adoption of cryptocurrencies if upward trajectory persists, supported by legislation…
The United States is quickly becoming a hub for crypto entrepreneurs due to recent approval of positive blockchain legislation. The GENUIS Act was signed into law on July 18, marking a significant milestone for stablecoin adoption. Following this, Republican leaders on the US Senate Banking Committee released their version of legislation for a digital asset…
This week, the crypto regulatory landscape was thrown into sharp relief as U.S. lawmakers and agencies issued new frameworks, reversed approvals, and closed long-running investigations. A clear message emerged: the U.S. is moving quickly to shape the next phase of digital asset oversight, with both Congress and federal agencies playing pivotal roles. GENIUS Act Draws…
Strategy (formerly MicroStrategy) announced Friday that it will sell 28 million shares of its Series A Stretch Preferred Stock at $90 each in its initial public offering. The transaction is expected to close on July 29. Strategy said it estimates net proceeds of approximately $2.474 billion after underwriting discounts and estimated offering expenses. Strategy announces…
William Duplessie and John Woeltz, the two suspects behind New York City’s Bitcoin torture plot earlier this summer, were each granted $1 million bail this week on charges tied to the NYC crypto torture case, ABC News reported on Thursday. William Duplessie, John Woeltz, Land Bail in Shock Case According to the July 24 report,…
Strategy, the corporate entity behind the world’s largest Bitcoin treasury, has expanded its latest preferred stock offering to $2 billion, according to a report from Bloomberg on Thursday. The firm, helmed by executive chairman Michael Saylor, had initially planned to raise $500 million through the offering. The increase comes as investor interest continues to gain…
The Crypto Council for Innovation (CCI) has tapped its chief legal and policy officer, Ji Hun Kim, to lead the organization as CEO, a new press release from the leading digital asset trade group reveals. Ji Hun Kim Named Crypto Council CEO According to the July 24 press release, Kim—who previously served as a senior…
BlackRock’s iShares Ethereum ETF, known by its ticker ETHA, has reached $10 billion in assets under management (AUM), becoming the third-fastest exchange-traded fund to ever hit that milestone. The surge from $5 billion to $10 billion took just 10 days, drawing comparisons to a “God candle,” according to Bloomberg ETF analyst Eric Balchunas. The milestone…