With a drop of 4.6% over the last 24 hours, the cryptocurrency market capitalization has dipped below the recently conquered $4 trillion, now standing at $3.99 trillion. Overall, the market is down today, with the large majority of the top 100 coins per market capitalization decreasing. At the same time, the total crypto trading volume…
Nasdaq-listed Mercurity Fintech announced a $200 million Equity Line of Credit Agreement with Solana Ventures to launch a Solana-based treasury strategy, but Solana Ventures immediately denied any involvement. In an X post, Solana Venture stated it is “not affiliated or involved with any equity line of credit agreements with any publicly listed companies.“ Solana Ventures…
Coinbase has launched CFTC-regulated perpetual futures for US retail traders, providing an onshore alternative to offshore derivatives giants. Key Takeaways: Coinbase has launched CFTC-regulated nano BTC and ETH perpetual futures. The new products offer up to 10x leverage for US retail traders. Coinbase plans to expand its product lineup, targeting more cryptocurrencies. The launch introduces…
GSR, a crypto market maker and trading firm, has announced an investment in and a strategic partnership with the Nasdaq-listed MEI Pharma, marking the first time a public company is aligning its treasury strategy with Litecoin (LTC) at an institutional level, the team says. According to the press release, GSR and Litecoin founder Charlie Lee…
Western Union is positioning itself for a new phase of digital transformation, signaling strong interest in using stablecoins to modernize its global remittance operations. Key Takeaways: Western Union is exploring stablecoins to reduce remittance costs and improve service. The company is running settlement pilots and considering a crypto wallet. The GENIUS Act passage could pave…
Elon Musk’s SpaceX has moved over $152 million worth of Bitcoin after more than three years of dormancy, according to data from blockchain analytics platform Arkham Intelligence. Key Takeaways: SpaceX moved over $152 million in Bitcoin after three years of wallet inactivity. The transaction appears to be internal, with no change in net holdings. SpaceX’s…
JPMorgan Chase is reportedly exploring lending against clients’ Bitcoin and Ethereum holdings starting next year, sources told the Financial Times. However, they cautioned that the plans are subject to change. The move would make JPMorgan one of the largest US banks to endorse crypto into mainstream. JPMorgan Chase CEO Jamie Dimon, who has been a…
The global crypto fund world saw another banner week as investors piled in. According to CoinShares data, net inflows into digital‑asset products jumped to $4.40 billion—beating the prior record of $4.27 billion set after the 2024 US elections. It was the 14th straight week of positive flows, lifting year‑to‑date inflows to $27 billion and driving total…
CryptoInsightUK believes the long-awaited altcoin season has finally begun—and that XRP could be its headline act. In a 13-minute market update posted on July 21, the British analyst argued that last week’s dramatic collapse in Bitcoin dominance “erased 19 weeks of Bitcoin strength in a single candle,” a move he called the first clear signal…
Over the last few weeks, XRP has creeped up slowly but surely to become one of the most talked-about cryptocurrencies in the space. Its price has also risen steadily through this time, beating the $3.6 level to reach new seven-year highs and triggering momentum for higher prices. While the community celebrates this milestone, there is…