Author: John Smith
Uniswap is showing strong signs of a bullish reversal after breaking out of an inverse head-and-shoulders pattern on the daily chart. According to data crypto.news, Uniswap (UNI) UNI shot up over 20% in the past 24 hours, hitting a high of $8.61 on June 11, up 84% from its April low. Its market cap has surpassed $5 billion, flipping that of Aave (AAVE). Meanwhile, its daily trading volume increased by more than 150% over the previous day to nearly $1.39 billion. In the derivatives market, open interest surged 54% to a record $713 million, showing that more traders are betting…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Recently, France and Vietnam have propelled Telegram straight to the headlines. Yet, no government intervention could stop it from hitting a billion-user landmark last March. Pavel Durov’s creation has become the go-to global messaging app and has also secured its place as a community hub among web3 aficionados and early blockchain adopters. Simple, reliable, and offering not just promises but a readymade platform, Telegram represents the opportunity of a millennium for the crypto industry to scale into…
FTX has declared it is partnering with distribution service provider Payoneer to distribute funds to affected customers. Payoneer will reportedly act as an optional intermediary in reimbursing funds. According to the official press release, Payoneer will assist in distributing compensation funds to retail customers who are registered and deemed eligible to receive the funds from the legal proceedings related to the bankrupt exchange. The service will be available to help process customer requests for reimbursements that have been lodged after May 30, 2025. “For transferred claims, distributions will only be made to the transferee holder of an allowed claim that…
The Blockchain Group has secured overwhelming shareholder approval to raise over €10 billion through the issuance of new shares and securities in order to buy more Bitcoin. The Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has received an overwhelming shareholder approval to issue shares and securities worth over €10 billion. This includes the ability to offer new shares either with or without preferential subscription rights, through public offerings or private placements to select investors. These new financial delegations will support the company’s goal of increasing its Bitcoin (BTC) holdings per share on a fully diluted…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Buying Bitcoin Cash with a credit card shouldn’t feel like solving a puzzle, here’s what actually works without the sky-high fees. Finding the best exchange to buy BCH with a credit card shouldn’t be this hard. Most platforms either charge crazy fees or make people jump through hoops just to buy Bitcoin Cash. After spending months testing different ways to purchase Bitcoin Cash, here’s what actually works. Quick facts: Bitcoin Cash purchase options Most people want to buy Bitcoin…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP basks in post-lawsuit clarity, Lightchain AI surges ahead with real-world traction and a $21m presale milestone. While XRP gains attention through legal clarity, Lightchain AI is gaining something far more actionable, real-world momentum driven by strategic presale execution. With all 15 stages now completed and a Bonus Round currently live at a fixed price of $0.007, the project has already secured nearly $21 million in early support. But beyond the numbers, it’s Lightchain AI’s focused rollout that’s…
Online trading platform eToro reported solid financial results for the first quarter of 2025, reflecting strong user engagement and increased trading activity. The earnings report, which was published on June 10th, shows that the company’s core business areas, from investing to wealth management and cryptocurrency offerings, have seen significant growth. Net contribution, or revenue after direct costs, increased 8% year-over-year to $217 million, driven by increased user activity across global markets. Net income under generally accepted accounting principles, which measures overall profitability after operating expenses and taxes, was $60 million. The company also posted $80 million in adjusted EBITDA, a…
Key Takeaways The breach, which exposed non-sensitive data of claimants involved in FTX’s ongoing bankruptcy proceedings FTX noted that despite the breach, no sensitive information such as account passwords, internal systems, or financial funds were compromised. In the wake of a recent cybersecurity breach involving Kroll, a third-party agent responsible for managing creditor claims, FTX Derivatives Exchange has taken swift action to safeguard its users and prevent potential future incidents. The financially distressed crypto trading company has opted to temporarily suspend accounts of affected users accessing its claims portal, as it aims to mitigate risks and ensure the security of…
Key Takeaways Under the act, the CFTC would become the lead regulator for most digital assets, with issuers retaining the option to register with the SEC if they plan to target institutional investors directly. A new amendment states that certain non-controlling blockchain developers and service providers will not be categorized as money transmitters, sparing them from extensive registration requirements. In a landmark development for the U.S. crypto industry, the Digital Asset Market Clarity Act—known as the CLARITY Act—has successfully passed through two critical House committees and will now advance to the full House of Representatives for consideration. The bill, formally…
Guggenheim Treasury Services, a subsidiary of Guggenheim Capital, has begun issuing U.S. Treasury-backed digital commercial paper on the XRP Ledger, marking the first native fixed-income product of its kind on the blockchain. In a June 10 press release, Ripple announced that Guggenheim’s DCP would now be available on XRP (XRP) Ledger through the Zeconomy platform. Since its initial launch on Ethereum (ETH) in September 2024, the tokenized asset, which has been rated Prime-1 by Moody’s, has processed over $280 million in volume and offers custom maturities of up to 397 days. DCP, which boasts quicker settlement, reduced fees, and round-the-clock…