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Author: John Smith
Curve DAO is back at the $1 mark as the bull market leads to almost $4 million in short liquidations. During the recent bull rally, Curve DAO (CRV) emerged as one of the top performers. On Thursday, July 17, CRV was trading at $1, registering a 25% price increase in the last 24 hours. What’s more, trading volume doubled over the same period, reaching $860 million, suggesting significant retail engagement. This surge in CRV’s price and volume came amid significant short liquidations. Curve DAO’s rally came amid broader bullish momentum, especially for altcoins. Positive news on the legislative front in…
Strategy and other publicly traded BTC holders now have serious competition. With a Cantor-backed SPAC, a $1.5 billion PIPE, and a founding team led by Bitcoin pioneer Adam Back, BSTR is entering the corporate Bitcoin game with a balance sheet most crypto firms can only dream of. According to a press release dated July 17, Bitcoin Standard Treasury (BSTR) has entered a definitive agreement to go public via a merger with Cantor Equity Partners I, a SPAC affiliated with Cantor Fitzgerald. The deal will launch BSTR with 30,021 Bitcoins (BTC) on its balance sheet, positioning it as the fourth-largest public…
Ripple’s cryptocurrency XRP is up nearly 10% in 24 hours as a surge in daily volume and open interest sees bulls close in on a new all-time high. XRP (XRP) is rallying amid a shift in crypto regulation in the U.S., as well as macroeconomic conditions favoring risk assets that have equities trending at all-time highs. Ripple is also riding a wave of optimism as anticipation around spot exchange-traded funds mounts, with XRP ETFs among those seen as having a strong chance of approval by the U.S. Securities and Exchange Commission. Other developments, like major partnerships, broader adoption and licenses…
Why did a routine house vote on crypto bills stretch over nine hours, and what does it reveal about internal Republican politics? Summary Instead of an hour, the vote took over nine hours, because of internal disagreement within the Republican Conservative Republicans, particularly from the Freedom Caucus, opposed unclear language in the GENIUS Act that they feared could allow the Federal Reserve to issue a digital dollar. Trump brokered a compromise by proposing to include anti-CBDC language in a separate bill, helping shift Republican holdouts and allowing the vote to pass. The legislation includes the GENIUS Act (stablecoin regulation), the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana rallies, but rising star XYZVerse could outperform with massive upside potential ahead. Solana’s impressive rise toward significant price milestones has captured attention, but a new contender is emerging that could exceed these achievements. XYZVerse is generating excitement for its potential to surpass established players. This article explores how XYZVerse might go beyond current expectations and why it could become a standout in the cryptocurrency market. Memecoin XYZ targets major exchange listing as presale nears $15m XYZVerse (XYZ), a…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepeto presale tops $5.5m as crypto whales bet on this utility-packed cross-chain memecoin. Memecoins are again turning heads. While often dismissed as speculative fun, large investors (crypto whales) are recognizing their growth potential. Among the hottest names right now is Pepeto, a cross-chain meme token that has already pulled in over $5.5 million during its presale. Currently priced at $0.000000141, Pepeto brings more than memes to the table. With staking rewards, smart utility features, and multi-network reach, it’s gaining traction…
BitMine now holds 300,657 ETH worth $1 billion, eclipsing the Ethereum Foundation’s $665 million holdings. This corporate accumulation raises new questions about influence over Ethereum’s future direction. On July 17, BitMine Immersion announced that its Ethereum (ETH) holdings had surpassed $1 billion, more than triple the $250 million it raised in a private placement just a week earlier. The Nevada-based company disclosed a total of 300,657 ETH on its books, overtaking the Ethereum Foundation’s treasury balance, which stood at approximately $665 million as of July 15, according to Arkham Intelligence. The milestone, which BitMine reached by leaning into its new…
Ondo Finance is set to launch its USDY tokenized Treasury product on Sei, adding to a growing list of supported networks that includes Ethereum, Solana, Mantle, and Sui. According to a press release shared with crypto.news, Ondo Finance’s flagship tokenized US Treasury product, United States Dollar Yield (USDY), is launching on the Sei (SEI) Network. This marks the first time a tokenized Treasury Bill product will be natively integrated into the ultra-fast Layer-1 blockchain with TVL exceeding $670M and 821% YoY growth. USDY, which combines the accessibility of stablecoins with the yield and investor protections of traditional finance, currently boasts…
Many firms now hold Bitcoin as a reserve asset, but markets care how they hold it, a Nansen report shows. Bitcoin (BTC) is rapidly becoming a core part of the traditional financial system. According to a recent report by Nansen, new regulatory standards and macroeconomic factors have changed how corporations view Bitcoin exposure. This has led to the largest firms holding over 700K BTC. Collectively, Strategy, Marathon Digital, Twenty One Capital, Riot Platforms, and Metaplanet own Bitcoin worth about $81.9 billion. Strategy, formerly MicroStrategy, controls the lion’s share of these holdings, with 601,550 BTC. Still, not all of these companies…
U.S. stocks opened mostly flat on Thursday as investors balanced upbeat sentiment with caution around tariffs. The Dow Jones Industrial Average gained 140 points, while the S&P 500 remained flat as Wall Street assessed a series of earnings reports from major banks and tech giants. The Nasdaq Composite was also little changed, up 0.12% with the muted trading coming on the back of the index hitting a new all-time high amid bullish Nvidia news and earnings. While key inflation data this week had buoyed investor sentiment, uncertainty lingers as President Donald Trump increases pressure on the Federal Reserve to cut…