Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
XRP price rallied 3% to $3.70 on Monday as banking associations formally opposed Ripple’s federal trust bank application, requesting regulatory delays for public scrutiny.
Ethereum (ETH) is gaining serious traction among public companies seeking to diversify their portfolios and tap into new on-chain revenue streams.
Dogecoin rallied 7% to $0.28 following Bit Origin’s disclosure of purchasing 40.5 million DOGE tokens at $0.2466 average cost as part of its new Treasury Strategy backed by $500 million capital facility.
Cardano’s ADA token jumped to a four-month high of $0.92 following founder Charles Hoskinson’s announcement of an independent treasury audit to address fraud allegations involving 318 million ADA tokens.
Wall Street Pepe ($WEPE), the meme coin phenomenon inspired by the audacious merger of Wall Street culture and Pepe the Frog, has recorded a staggering +600% price increase since June 1st, and +75% since July 1st alone.
The company’s warchest is now valued at approximately $3 billion with another $300 million in additional capital allocated to an options acquisition strategy for Bitcoin-related securities.
Strategy added 6,220 Bitcoin for $740 million as price traded at new highs, and coincides with insider share sales from executives.
Profusa has secured $100 million to create a Bitcoin treasury strategy, while Mercurity Finance successfully raised $200 million with Solana Ventures.
The GENIUS Act, signed into law last week, marks a major milestone for crypto – officially ushering in a new era for regulated stablecoins.
Altcoin season has arrived with a bang, and the prices of meme coins SPX6900 and TOKEN 6900 (T6900) are flying.