U.S. Senate’s passage of the GENIUS Act, a stablecoin bill, led to significant stock price surges for Coinbase and Circle. Bitcoin Pepe, designed to combine Bitcoin’s security with Solana’s speed, has raised over $15 million in its presale. The project also announced a 30% token bonus for current investors. Shares of cryptocurrency firms Coinbase (COIN)…
Even amid market volatility, BTC’s resilience has buoyed sentiment across the broader crypto ecosystem. Unlike many meme tokens that rely solely on hype, Bitcoin Pepe is backed by a solid technical roadmap. The project’s presale has raised over $15 million. The BPEP token is currently priced at $0.0416. Bitcoin (BTC) and major altcoins such as…
Bitcoin has been crashing with the advent of the new week, spurred on by uncertainties that surround the growing conflict in the Middle East. There has also been a lot of negativity in the crypto market, with expectations that the Bitcoin price will not make new all-time highs after failing to reclaim $111,000. Even as…
In a bold and alarming statement, on-chain analyst OxChain raised the possibility of a catastrophic collapse involving Strategy (formerly MicroStrategy), the Bitcoin proxy firm co-founded by Michael Saylor. According to OxChain, this potential downfall could surpass the infamous collapse of FTX. ‘Strategy’s Bitcoin Tactics Resemble Ponzi Scheme’ In a recent post on X (formerly Twitter),…
Chainlink price is slightly up in early trading on Thursday. This comes as Trump asks the House to “get GENIUS” on his desk ASAP. Chainlink’s technology could be massive for stablecoin adoption. Chainlink’s LINK token is among the few across the crypto market to trade green on Thursday morning as it rides optimism around the…
Key takeaways SOL has failed to push above the 20-day EMA and could now test the $140 support level. If the bulls fail to defend the $140 support, SOL could dip further towards $123 in the short term. SOL dips 1% amid broader bearish performance This has been a net negative week for the cryptocurrency…
After falling below the key $3.00 mark, SUI now retests a make-or-break level that could ignite or stall the cryptocurrency’s rally. However, some market watchers believe that the altcoin is preparing for new highs despite the recent pullback. SUI Eyes Breakout To $5 This week, SUI fell below the $3.00 mark amid the Israel-Iran news-fueled…
A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin BTC, has made a comeback in Switzerland, one of the most financial powerhouses of the world. The Swiss National Bank (SNB) cut its interest rate to zero on Thursday, to counter falling inflation, appreciating Swiss franc (CHF) and economic…
Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins. The move pushed Circle’s stock to $199.59 on Wednesday’s closing, with a high of $211.87 in after-hours trading. The stock is now up over 540% since its June 5…
Key takeaways BTC continues to trade above the $104k level despite the ongoing Middle East crisis. The U.S. Federal Reserve left interest rates unchanged but expects inflation to decline in the coming months. Federal Reserve leaves interest rates unchanged The major financial news of the week took place on Wednesday, with the FOMC confirming what…
