Mercurity Fintech Holding announced plans to raise $800 million to establish a Bitcoin treasury reserve. The New York-based digital fintech firm aims to use the funds to acquire and hold BTC as part of a broader strategy to reshape its treasury operations through tokenized finance. According to the official press release, MFH plans to store
Christine Kim, former Vice President of Research at Galaxy Digital, has shared her concerns about the new leadership structure at the Ethereum Foundation (EF). She pointed out that key people are now handling too many roles and said the new organizational chart is confusing. In a July 11 X post, Kim noted that Tim Beiko,
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could
More than $190 billion has exited crypto markets over the past 12 hours, sending total capitalization tumbling over 7% to $3.36 trillion. The crypto crash followed news reports that Israel had launched a missile attack on Iranian nuclear sites in a pre-emptive strike. Israel has declared a state of emergency, saying the country expected counter-attacks
Around 28,000 Bitcoin options contracts will expire on Friday, June 13, and they have a notional value of roughly $3 billion. This event is very similar to last weeks options expiry, so the impact on spot markets is likely to be minimal. They have already tanked by more than 7% over the past 24 hours.
A deep-pocketed Ethereum whale is defying the current crypto bloodbath, scooping up tens of thousands of ETH while panic grips the broader market. On June 13, blockchain tracking account Lookonchain revealed on X that the mysterious trader bought 48,825 ETH, worth approximately $127 million, from Coinbase and Wintermute, over an eight-hour period at an average
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to recent technical analysis, Ethereum (ETH) may be gearing up for a major breakout that could propel the cryptocurrency close to the $4,200 mark. Meanwhile, ETH continues
The US Securities and Exchange Commission (SEC) and Ripple Labs have jointly asked a federal court in Manhattan to dissolve a previous injunction and release $125 million currently being held in escrow. The request, filed on Thursday in the Southern District of New York, marks the latest step toward a potential settlement in the nearly
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to Walker, host of The Bitcoin Podcast, Bitcoins share of the worlds wealth is still tiny. It sits at about $2 trillion in market value. Thats just
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On-chain data shows Ethereum has just witnessed its largest daily withdrawal in over a month, a sign that may turn out to be bullish for the asset’s price.
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Bitcoin price continues to decelerate as the crypto market shows signs of weakness due to macroeconomic factors. The top crypto by market capitalization has been testing critical
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. An extended technical review aired Tuesday on Sistine Researchs YouTube channel has placed XRP at the top of the current market hierarchy and mapped a price trajectory thatif
Bitcoin’s price attempted to take down the $110,000 level and perhaps head to a new all-time high once again hours ago, but it didn’t see much success. Many altcoins have posted mindblowing gains over the past 24-48 hours, led by Uniswap’s notable 16% surge and SPX’s 15% pump. The primary cryptocurrency experienced a substantial correction
The blockchain solutions provider Ripple Labs, which oversees the development of the XRP Ledger (XRPL), is set to launch an Ethereum Virtual Machine (EVM)-compatible sidechain before the end of this quarter. The firm made the announcement at the ongoing XRPL Apex event in Singapore. Ripples Apex 2025 is a three-day summit (June 10-12) that unites
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Trons blockchain just added a USD1 stablecoin from World Liberty Financial Inc. That move put the spotlight back on TRX. And traders are paying attention to what comes
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect
With Bitcoin pushing toward new highs, market participants are speculating on what comes next. Bitwise CEO Hunter Horsley recently weighed in, offering a bold take on potential shifts in holder behavior. The exec believes Bitcoin could enter a new phase of market behavior once it surpasses the $130,000 to $150,000 range. In a tweet posted
Ethereum (ETH) isnt just climbing price-wise; it’s also positioning itself as the centerpiece of a massive derivatives play, with data from CoinGlass showing ETH futures open interest (OI) has surged to a historic high, going past $41 billion. This milestone coincided with Ethereum breaking key resistance levels and significantly outpacing Bitcoin (BTC) in derivatives trading
As anticipation builds across the crypto market over which altcoin exchange-traded funds (ETFs) will receive a go-ahead from the U.S. Securities and Exchange Commission (SEC), Bloomberg analyst James Seyffart has raised the odds for it happening. According to his latest forecast, the chances for Solana (SOL) and Litecoin (LTC) spot ETFs being greenlighted stand at
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