BONK rallies as institutional appetite rises and a trillion-token burn plan fuels scarcity-driven momentum
Metaplanet has announced that National Financial Services LLC (NFS), a subsidiary of Fidelity Investments, is now its largest shareholder. In a July 15 disclosure, the firm revealed that NFS holds 84.4 million shares, equivalent to 12.9% of its total equity. Based on current valuations, this stake is worth approximately ¥121 billion or around $816 million. […]
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The EU’s MiCA regulation surprised some doubters as major crypto exchanges lined up to get licenses.
The crypto industry is sitting on a massive $141 million to spend on the next round of congressional elections, offering a constant reminder to lawmakers.
Citizenship and residency via crypto are now possible in countries like Vanuatu, El Salvador and Portugal, with investment requirements ranging from $100,000 to $1 million.
A procedural vote that would have cleared the way for lawmakers to pass monumental cryptocurrency legislation has failed.
ATOM fell in line with the wider crypto market on Tuesday as BTC also retreated from $123,000 to $117,000.
Wynn previously claimed that his leveraged positions were deliberately “hunted” by crypto market makers looking to sink Bitcoin’s price below his liquidation threshold.
Ripple told Cointelegraph it will apply for a MiCA license to expand its crypto and stablecoin operations across the European Economic Area.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The initiative comes on the heels of acquiring CFTC-regulated futures trading platform NinjaTrader for $1.5 billion.
Standard Chartered says a $750 billion stablecoin market size could influence Treasury issuance and emerging market stability.
In a major display of bullish momentum, the market’s leading cryptocurrency, Bitcoin (BTC), surged to a new record high on Monday, surpassing $123,000 for the first time. US House Kicks Off ‘Crypto Week The Bitcoin price climbed more than 90% year-to-date with Monday’s rally, reaching $123,200, and reflecting a nearly 15% increase over the past month. This upward momentum coincides with the US House of Representatives’ “crypto week,” which will feature debates on legislation aimed at reducing regulatory hurdles that have long been viewed as obstacles for the cryptocurrency sector. Related Reading: Fibonacci Maps Dogecoin Path To $23—Is It Too Far-Fetched? One of the key pieces of legislation set for discussion in the House is the GENIUS Act, which aims to establish regulatory frameworks for stablecoins. Proponents of the GENIUS Act argue that it is a groundbreaking initiative that formalizes a critical aspect of the cryptocurrency industry. They believe it will enhance consumer protections, facilitate the entry of traditional financial institutions, and contribute to the growth of the digital currency market. Conversely, critics assert that the bill represents a “weak set of regulations” that may not adequately safeguard consumers or prevent illicit trading activities involving stablecoins. Growing Support For Crypto Regulation In addition to the GENIUS Act, the House will also debate measures to clarify the federal government’s regulatory approach to cryptocurrencies and proposals that could prevent the Federal Reserve from issuing its own digital currency. Bryan Armour, director of passive strategies research at Morningstar, remarked that this legislative push reflects a series of favorable developments for the crypto industry since President Donald Trump’s election in November. Since then, Bitcoin’s price has surged nearly 80%. As “crypto week” unfolds, Armour suggests it signals a continuation of supportive policies under the Trump administration. However, Trump’s involvement in the cryptocurrency space has raised concerns about potential conflicts of interest. For instance, his backing of World Liberty Financial’s stablecoin, USD1, has led to significant investments in major exchanges like Binance, which critics say creates opportunities for Trump’s business to profit. Despite these concerns, Trump has denied any wrongdoing, and a White House spokesperson has stated that his financial assets are managed in a trust to avoid conflicts. Bitcoin ETFs Propel Price Surge The recent surge in Bitcoin prices has also been fueled by the US approval of Bitcoin exchange-traded funds (ETFs) last year. These investment vehicles have proven to be successful, with record-breaking amounts of capital moving into them. Related Reading: Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst The overall asset value of Bitcoin ETFs has reached a record high of over $158 billion, driven by a wave of investments that included over a billion dollars flowing into these funds on consecutive days last week. Nikhil Bhatia, a finance professor at the University of Southern California, noted that the approval of Bitcoin ETFs has contributed significantly to institutional adoption of Bitcoin, signaling a return to a bullish market sentiment. As of this writing, BTC’s price has retraced back to the $117,000 level, 4.3% below its recently achieved all-time high. Featured image from DALL-E, chart from TradingView.com
The launch of leveraged ETFs for Solana and XRP by ProShares could increase investor interest and volatility in these digital assets.
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Aqua1 Foundation, a UAE-based investor in the World Liberty Financial (WLFI) DeFi project, has publicly denied affiliation with Chinese market-making firm Web3Port. The clarification comes in response to growing speculation surrounding the fund’s recent $100 million investment in World Liberty Financial, a blockchain project with ties to US President Donald Trump. Relationship with Web3Port? On […]
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The NoOnes CEO told Cointelegraph that corporations are increasingly adding Ethereum to their treasuries, drawn by its utility, staking yield and dominance in tokenized assets protocols.
Following the lead of Strategy and Metaplanet, there has been a glut of publicly-listed firms building bitcoin treasuries in recent months
AI workloads are traditional systems beyond their limits. Incentivizing distributed energy and data is the answer, says Greg Osuri, CEO of Akash Network.
The ongoing clash between President Donald Trump and Federal Reserve Chair Jerome Powell is hitting new levels, just as fresh concerns about rising inflation grab headlines. For months, Trump has been openly critical of Powell, accusing him of holding back the U.S. economy by refusing to lower interest rates. He has even suggested firing Powell …
Veteran trader Peter Brandt is once again making headlines in the crypto world. Posting on X, he addressed growing concerns about Bitcoin’s long-term future, offering a grounded take based on decades of trading experience and a solid grasp of macroeconomic trends. His latest comments are changing the conversation. Instead of predicting a crash, Brandt suggests …
Solana’s tokenized Real-World Asset (RWA) market surpassed $550 million and rocketed up 217% year-to-date in 2025. The explosive growth, more than double the pace of the broader market, positions the high-speed blockchain as a serious challenger to Ethereum’s long-held dominance in one of crypto’s most promising sectors. As of press time, Solana has reached $558 […]
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XRP holders have had a bumpy ride over the past week. After showing a strong bullish trend and briefly testing the $3 resistance level, the price has pulled back slightly. According to recent analysis, XRP is currently holding up better than Bitcoin on the lower timeframes, despite the overall market cooling down. While a breakout …
GameStop's cautious crypto strategy could influence broader retail adoption, highlighting the potential of digital assets in mainstream commerce.
The post GameStop will invest in Bitcoin when upside beats downside, may accept crypto for trading cards: CEO Ryan Cohen appeared first on Crypto Briefing.
In livestream that stretched beyond the hour‑mark, technical analyst Kevin (Kev Capital TA) laid out the most compelling bullish case for Dogecoin since the meme‑coin’s April lows. Speaking to a cross‑platform audience, Kevin argued that the market is standing “right on the verge of a genuine altcoin season,” and that the textbook double‑bottom visible on Dogecoin’s higher‑time‑frame chart positions the asset for what he called “a monster move” once resistance levels yield. Dogecoin Chart Turns Bullish Kevin began by situating Dogecoin inside a broader macro chessboard. This week’s cascade of inflation data—CPI and PPI prints bracketed by near‑continuous Federal Reserve commentary—could inject volatility, he conceded, but the direction of trend is already set by structural forces. “Trueflation is sitting at 1.71 percent,” he noted, adding that the crowdsourced gauge routinely prints about sixty to seventy basis points beneath official Bureau of Labor Statistics data. “Anything under two is good. It means inflation isn’t the story.” Related Reading: Fibonacci Maps Dogecoin Path To $23—Is It Too Far-Fetched? With macro risks in check, his focus narrowed to USDT dominance, the metric he has used all cycle to time rotations into riskier assets. Tether’s market‑share chart has completed a bear‑flag breakdown and is now pressing the 0.786 Fibonacci support band at roughly 4.14 percent. “When money‑flow is deep red on USDT‑D, that’s the green light for altcoins,” he said, emphasising that fresh downside in the stablecoin gauge would coincide almost mechanically with upside in DOGE. A hotter‑than‑expected CPI could deliver a short, counter‑trend bounce in USDT‑D, “but the path of least resistance is lower,” he insisted. The anchor for Kevin’s bullish thesis is an unmistakable double‑bottom on Dogecoin’s weekly chart that formed exactly on the macro 0.382 retracement of the 2024–25 advance and directly atop a multi‑year down‑trend line. “Flip the chart upside‑down,” he told viewers, “and you’d run from it—it looks like a perfect double‑top. Flip it back and it’s a gift.” Volume profiles confirm the pattern: sellers exhausted themselves on the second dip, while relative‑strength momentum created a higher low, an early signal that bulls are wresting control. Kevin’s conviction draws added weight from what is unfolding in the aggregate altcoin indices. Total 3—market‑cap ex‑Bitcoin and ex‑Ether—has slammed into a resistance “yellow box” that capped rallies all spring, yet the analyst believes the ceiling will crack soon. A pending daily golden cross on Total 2 (market‑cap ex‑Bitcoin) marks the fourth of the cycle; each prior cross generated a brief pullback of 9‑19 percent before giving way to fresh highs. “Golden crosses are lagging, so you manage risk here—pay yourself a little—but the trend is higher once the dust settles,” he said. For Dogecoin specifically, Kevin identified a hierarchy of breakout objectives: the local range high at $0.21, the $0.48 pivot from 2024, and the former all‑time high near $0.74. Beyond that he flagged extensions at $1.32 and $2.00, noting that targets lose utility if projected too far in advance. “We analyse the here and now; we let the chart earn the next level,” he cautioned, before reminding newcomers that DOGE is already a ten‑bagger off its June 2024 trough—a feat matched by few large‑cap tokens. Related Reading: Dogecoin To $3.94 This Cycle? This Chart Says It’s No Meme While audience questions repeatedly drifted towards Elon Musk and X and Tesla integration rumors, Kevin waved off the cult of personality. “Dogecoin doesn’t need Elon,” he said bluntly. The meme‑coin’s 10× rebound happened “with zero help from the world’s richest man,” and any future endorsement would likely serve as accelerant rather than spark. What matters, in his view, is liquidity: specifically, the Federal Reserve’s balance‑sheet trajectory and the timing of its eventual pivot away from quantitative tightening. “When QT ends, Bitcoin dominance tops. Then you get the real alt‑season,” he said, pointing to a perfect inverse correlation between Fed asset‑runoff periods and historical altcoin booms. Ending the session, the analyst projected that a decisive weekly close above Bitcoin’s 1.886 fib at $120,000—and a simultaneous rollover in USDT dominance—would ignite the next leg. In that scenario, Dogecoin’s double‑bottom would evolve into a full trend‑reversal, vaulting price into territory last visited during the meme‑mania of 2021. “You haven’t seen anything yet,” he concluded. “Stay calm, stay cool, and let the chart do the work.” At press time, DOGE traded at $0.19126. Featured image created with DALL.E, chart from TradingView.com
The crypto ETF race is getting interesting, and ETF expert Nate Geraci isn’t holding back. In a post that’s doing rounds, Geraci pointed out the irony that while investment giant Vanguard is now the biggest shareholder of MicroStrategy, a company famous for its massive Bitcoin holdings, it still refuses to offer spot Bitcoin ETFs on …
Polygon (POL) joined Bitcoin Cash (BCH) as an underperformer, declining 2.8% from Monday.
The new solution aims to create a sustainable revenue stream for builders, which may enable them to move away from fundraising via cryptocurrency launches.
June CPI has come in hot! Inflation in the U.S. picked up pace in June, sending a ripple through global markets and crypto alike. According to the latest CPI data, consumer prices rose 0.3% month-over-month, up from 0.1% in May, and exactly in line with forecasts. On a year-over-year basis, inflation hit 2.7%, the highest …
The company, which lets businesses send and receive U.S. dollars globally via stablecoin rails, is expanding to over 100 countries with the funding.
The incentivized testnet, which the team is calling its Mainnet Beta, will let users participate in the network's decentralized marketplace for ZK computation.