The potential tax-loss harvesting by Strategy highlights the need for regulatory clarity on crypto tax rules, impacting future corporate strategies.
The post Strategy signals potential bitcoin sale for tax-loss harvesting appeared first on Crypto Briefing.
Bitmine's significant ETH holdings and staking revenues highlight the growing influence of crypto-native systems on global financial architecture.
The post Bitmine crosses 4.3% of total ETH supply as staking revenues hit $319 million annually appeared first on Crypto Briefing.
Ronin migrates from an Ethereum sidechain to an OP Stack Layer 2 on May 12, four years after Lazarus hackers stole over $600M in crypto.
Bitmine Immersion bought another 26,659 ETH ($62 million) last week and now holds more than 5.2 million ETH in total.
MoonPay’s new Dawn CLI AI trading product lets users turn plain-English prompts into automated crypto trading strategies.
Circle's Arc blockchain could redefine institutional finance, but faces regulatory scrutiny and high expectations in a competitive market.
The post Circle raises $222M in presale for Arc blockchain token at $3B valuation appeared first on Crypto Briefing.
Cronos (CRO), up 9.7% from Friday, joined Sui (SUI) as a top performer.
Ripple Prime secured a $200 million Neuberger Berman facility to expand margin lending across equities, fixed income and crypto.
Recessions are unpredictable deviations, not inevitable cycles, challenging traditional economic theories and forecasting methods.
The post Tyler Goodspeed: Recessions are not cyclical, the 2008 crisis was predictable, and false patterns mislead economic forecasting | Macro Musings appeared first on Crypto Briefing.
The Venice Token price rally is starting to look less like a random altcoin pump and more like a carefully engineered supply squeeze wrapped in the hottest narrative crypto can sell right now: decentralized AI. VVV surged another 18% today after Venice CTO Jesse Proudman revealed that subscription and credit purchases on AskVenice hit a …
Osmosis (OSMO) stunned the crypto market after soaring more than 220% in a single day, turning one of the market’s quietest tokens into its top-performing altcoin overnight. The explosive rally came alongside a massive spike in trading volume, renewed Cosmos ecosystem optimism, and growing speculation around Osmosis’ long-term positioning following recent governance developments. Technically, the …
The conflict's impact on jet fuel supply may lead to prolonged airspace closures, affecting global travel and economic stability.
The post Iran war disrupts global jet fuel supplies, threatens summer travel appeared first on Crypto Briefing.
Circle raised $222 million in an ARC token presale led by a16z crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion.
The CLARITY Act is heading back to the Senate Banking Committee on May 14 after months of stalled negotiations, putting a small group of Democrats at the center of the crypto industry’s push for a federal market-structure law. The markup comes after the bill was slowed by disputes over stablecoin rewards, anti-money laundering safeguards and […]
The post CLARITY Act’s markup progress now hinges on these Democrat lawmakers appeared first on CryptoSlate.
Crypto analyst Tom has declared that a projected XRP rally to $21.5 isn’t a gamble and will definitely happen. This came as he revealed that a measured move is coming for the altcoin, which will send its price to this $21 target. XRP Eyes Measured Move To New ATH Of $21.5 In an X post, Tom said that XRP is set to see a measured move to a new all-time high (ATH) of $21.50, with this price target also his second take-profit zone. The analyst revealed that he had held XRP when the token was trading at $0.30 and and held until it reached its current ATH of $3.84. Related Reading: XRP Analyst Reveals The Question No One Asks And Why It’s Important Now, the analyst is again holding the token, targeting higher prices for XRP. He highlighted some positives as the token eyes the $21.50 target, noting that the 3-week golden cross has fired. Furthermore, Tom noted that the current base is a 1:1 fractal of the 2014 to 2017 cycle and that the volume is lower than the last cycle’s bottom, with supply gone. In another X post, the analyst reiterated his bullish outlook for XRP, citing the CLARITY Act as a catalyst that could spark a rally. His accompanying chart showed that the altcoin could reach $2.8 by July, which is around when the crypto bill could pass. The bill is a positive for XRP, as it will provide regulatory clarity by classifying XRP as a commodity. Crypto analyst Michael also echoed similar sentiments about XRP, stating that a parabolic rally could begin at any time. He declared that this will be the biggest breakout of the year, as the altcoin has already bottomed. XRP Yet To Bottom Despite Recent Relief Rally Crypto analyst Egrag Crypto has indicated that XRP has yet to bottom despite its recent rally above $1.4. In an X post, he stated that the weekly chart presents a very interesting diminishing downside structure relative to the 200 SMA. He noted that during the first major cycle low, XRP bottomed roughly 60% below the 200 SMA. Meanwhile, during the second major cycle low, the token bottomed roughly 40% below the 200 SMA. Related Reading: XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic Applying the same diminishing downside pattern, the analyst said the next major low could be 20% below the 200 SMA, implying a price target of $0.93. Egrag Crypto stated that this thesis wasn’t unreasonable because mature assets tend to experience reduced downside volatility and smaller capitulation percentages. Such assets are also said to have stronger macro support structures and more institutional liquidity stabilization. At the time of writing, the XRP price is trading at around $1.45, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
The firm bought roughly 26,000 ether last week, a sharp decline from the average of the previous weeks' 100,000.
Heightened tensions over the Strait of Hormuz could destabilize global oil markets, increase military conflict risks, and strain US-Iran relations.
The post Iran threatens permanent closure of Strait of Hormuz amid US blockade appeared first on Crypto Briefing.
The meeting could strengthen US-Japan ties, impacting global economic security and influencing future currency stabilization efforts.
The post US Treasury Secretary Bessent meets Japan’s Takaichi Tuesday to discuss yen stability and economic security appeared first on Crypto Briefing.
A potential ECB rate hike could strengthen the euro, impacting global markets and speculative assets, while geopolitical tensions add uncertainty.
The post ECB’s Kocher signals potential rate hike if inflation outlook worsens appeared first on Crypto Briefing.
The diplomatic stalemate may exacerbate regional tensions, hinder economic recovery, and impact global energy markets due to uncertainty.
The post Iran sees no clear horizon for US political agreement amid nuclear deal doubts appeared first on Crypto Briefing.
XRP is giving hints that a price breakout may be underway, based on several technical and onchain indicators, with bulls eyeing $2 as the first stop.
Iran's firm conditions for US talks suggest prolonged regional tensions and limited diplomatic progress, impacting global geopolitical stability.
The post Iran sets firm conditions for US talks amid rising tensions appeared first on Crypto Briefing.
Bitcoin holds above $81K as Iran rejects US peace terms, Brent tops $104, and a $1B whale's ETH selling clouds an otherwise bullish backdrop.
The USDC issuer announced the raise, with investors including Andreessen Horowitz and Blackrock, alongside its Q1 results.
Sui is handling a transaction explosion on its blockchain without turning fees into a financial crime scene. According to the latest metrics, Sui processed more than 25 million daily transactions on May 11 while average gas fees barely flinched. That’s the part institutional players are suddenly paying attention to. Not the hype. The performance. Sui …
Abraxas Capital's success on Hyperliquid highlights the potential for institutional influence on decentralized exchanges, impacting market dynamics.
The post Abraxas Capital generates $303.9M in realized PnL on Hyperliquid appeared first on Crypto Briefing.
The closure of the Strait of Hormuz could severely disrupt global oil supply, leading to heightened geopolitical tensions and economic instability.
The post Saudi Aramco warns of 100M barrels weekly loss if Strait of Hormuz stays closed appeared first on Crypto Briefing.
Last week's purchases were funded by sales of the company's common stock.
The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.
Strategy Inc's aggressive Bitcoin accumulation via equity offerings may influence market dynamics and investor sentiment towards cryptocurrency.
The post Strategy adds 535 Bitcoin for $43 million as total holdings near 819,000 BTC appeared first on Crypto Briefing.