Musk mania, bullish options flows, and tariff delays keep crypto bid alive amid quiet summer trading.
Conor Grogan, Head of Product at Coinbase, believes that there is a “small possibility” that the transfer of $8.6 billion worth of Bitcoin (BTC) on July 4 was a hack. Calling his claim “extreme speculation” in an X post on Friday, Grogan said he found the transaction movements to be “extremely odd.” He added: “If […]
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While the broader crypto market remains subdued, with both Bitcoin and Ethereum posting slight losses, a select group of altcoins have defied the trend, registering substantial gains over the last 24 hours. These market-defying rallies appear disconnected from general market sentiment, instead fueled by project-specific catalysts, including major exchange listings, deflationary tokenomics, and strategic partnerships. […]
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Prediction market data shows traders are wagering millions on the price of Bitcoin reaching levels above $120,000 in 2025. On the decentralized platform Polymarket, a market asking what price Bitcoin will hit in 2025, has attracted over $15.5 million in volume. Traders assign a 75% probability that the asset will exceed $120,000 by the end […]
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Backpack halted trading for scheduled maintenance at 10 a.m. UTC on July 3 and reopened two hours later, but the restart triggered account errors that forced CEO Armani Ferrante to promise reviews and compensation. Backpack had warned users on X that the platform would go offline at 10 a.m., enter post-only mode at noon, and […]
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OpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new blockchain platform do not represent OpenAI equity and were listed without the company’s consent. In a statement posted on X, the artificial intelligence developer wrote: “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not […]
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Strategy (formerly MicroStrategy), the largest public holder of Bitcoin, is again making headlines—this time for potentially qualifying for inclusion in the prestigious S&P 500 index. On July 1, Jeff Walton, founder of MSTR True North, revealed that the company will likely report an $11 billion net income for the just-concluded second quarter of the year. […]
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Tuttle Capital has filed an amendment to shift the effective date for a series of crypto and meme-related leveraged exchange-traded funds (ETFs) to July 16. This move, first reported by Bloomberg’s ETF analyst Eric Balchunas on July 1, could signal the imminent launch of 10 new leveraged funds. These ETFs are poised to offer double […]
The post Tuttle’s new ETFs could offer 2x gains or losses on SOL, TRUMP, XRP, and more starting July 16 appeared first on CryptoSlate.
Decentralized exchanges (DEX) processed roughly $385 billion of spot trades in June, equal to almost 30% of the turnover recorded by centralized venues, according to DefiLlama and The Block data. The 30-day DEX figure represents a 12% decline from May, but centralized exchange (CEX) spot volume contracted nearly 30% in the same period. Notably, this […]
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Robinhood’s stock (HOOD) reached a new all-time high (ATH) after it revealed plans to launch several innovative products, including its own Layer 2 blockchain, tokenized stocks offering, perpetual futures trading, and crypto staking services. Following the news, the stock surged approximately 11% to $92, a new all-time high for the firm. This extends a growth […]
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BlackRock’s iShares Bitcoin Trust ETF (IBIT) is rapidly cementing its status as the most dominant BTC fund among its peers. Bitcoin analyst James Check highlighted the divergence in a June 29 X post, noting that total inflows across all other Bitcoin ETFs have stagnated around $20 billion since December 2024. In contrast, IBIT alone has […]
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Financial advisors should be recommending clients to allocate between 10% to 40% of their portfolio to crypto, influential investment manager Ric Edelman told CNBC on Friday. According to Edelman, founder of the Digital Assets Council of Financial Professionals, the percentage of allocation to crypto should be decided based on the client’s risk appetite. Therefore, he […]
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The move expands its existing crypto futures offering to its nearly 26 million funded accounts.
Crypto exchange Gemini has launched tokenized Strategy (MSTR) shares for customers in the EU, marking the beginning of its rollout of tokenized U.S. equities on blockchain networks. The offering, enabled through a partnership with tokenization platform Dinari, allows Gemini users to buy fractional shares of Strategy as on-chain tokens backed by real securities. MSTR tokens […]
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Robinhood expanded its futures trading suite by adding micro futures contracts for XRP, Solana (SOL), and Bitcoin (BTC), according to a June 27 announcement. The zero-commission brokerage said the new products offer lower margin requirements and seamless execution via its trading ladder interface. Each micro XRP futures contract represents 2,500 XRP, roughly $5,200 at current […]
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Coinbase CEO Brian Armstrong has revealed that the exchange is steadily acquiring Bitcoin weekly, signaling what many believe could be the early stages of a treasury-building effort. Armstrong shared the update on June 27, stating that Coinbase has adopted a “Long Bitcoin” strategy. However, he stopped short of confirming whether these acquisitions are explicitly intended […]
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Bitcoin hovers below its record high amid easing geopolitical tensions, ETF inflows, and optimism for stablecoins.
World Liberty Financial, the DeFi project part-owned by US President Donald Trump, has announced plans to enable transfers of its WLFI token. In a June 25 post on X, the team stated: “You asked to make WLFI transferable — we heard you. The team is working behind the scenes to make it happen.” The team […]
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Japan-based Metaplanet has overtaken Tesla among corporate Bitcoin holders following its largest single purchase to date. On June 26, the firm confirmed that it acquired 1,234 BTC for approximately $132.7 million, paying an average of $107,557 per coin. This brings Metaplanet’s total Bitcoin holdings to 12,345 BTC, now worth about $1.33 billion based on current […]
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Bitcoin reclaimed $107,000 as retail and institutional flows return, with Powell’s rate-cut hints and risk-on sentiment lifting crypto markets.
Bitfinex Securities has introduced two tokenized equity offerings with a combined value of £105 million (around $143 million), according to a June 25 statement shared with CryptoSlate. The listings, TITAN1 and TITAN2, were issued by Ctrl Alt and represent the first equity-based tokens available on the Bitfinex Securities exchange. The Astana Financial Services Authority regulates […]
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Barclays bank has announced it will block customers from using Barclaycard credit cards to buy crypto starting June 27 The move was quietly confirmed in a newly updated FAQ section on the bank’s official website. According to Barclays, the decision stems from concerns over consumer protection and repayment risks. The bank warned that crypto price […]
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Crypto majors recover alongside equities as ceasefire steadies risk sentiment, with analysts citing ETF flows and Fed pivot hopes as upside drivers.
Crypto markets bounced back in early Asian trading hours on June 24, sparked by US President Donald Trump’s announcement that a ceasefire had been reached between Israel and Iran. On June 24, Trump posted on Truth Social: “CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be […]
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Cathie Wood’s ARK Invest sold around $110 million worth of Circle (CRCL) shares on June 23, continuing a wave of profit-taking just weeks after the stablecoin issuer went public. According to the firm’s latest trading disclosure, the firm’s ARK Innovation ETF (ARKK) offloaded the most significant chunk of CRCL with the sale of 306,921 shares, […]
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The exchange, GTE, hopes to emulate levels of latency seen on centralized venues like Binance.
Fiserv Inc., a major player in global payments and financial services, has unveiled plans to launch a USD-pegged stablecoin called FIUSD on the Solana blockchain, according to a June 23 statement. The Nasdaq-listed company stated that the stablecoin was built using infrastructure from Paxos and Circle. It is expected to go live by the end […]
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Altcoins are slipping further into decline as investors flock to Bitcoin amid escalating geopolitical tensions and a risk-off environment. Data from CoinGlass shows the Altcoin Season Index has plunged to 12, its weakest level in nearly a year, reflecting a deepening lack of interest in non-Bitcoin cryptocurrencies. The Altcoin Season Index tracks how non-Bitcoin assets […]
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ETH’s recent gains lack fundamental support and may unwind as leveraged longs get squeezed, Matrixport says.
The crypto exchange OKX is reportedly considering an initial US public offering (IPO) as the wave of crypto firms entering public markets gains momentum. Although the exchange has not officially confirmed these plans, Chief Marketing Officer Haider Rafique hinted at the possibility during a conversation with The Information, suggesting an IPO could be on the […]
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