Solana’s native token, SOL SOL, dropped to $143.38 Tuesday, down 1.21%, closing near the day’s low after failing to hold above $147, according to CoinDesk Research’s technical analysis model. The weakness came even as the ecosystem drew fresh institutional backing: Canadian blockchain investor Sol Strategies filed with the U.S. Securities and Exchange Commission on June…
Elon Musk’s X is stepping up its push to turn the social media platform into an “everything app,” the Financial Times reported on Thursday. The platform, formerly known as Twitter, will “soon” allow users to make investments or trades on the platform, CEO Linda Yaccarino told the newspaper in an interview at the Cannes Lions…
In today’s Crypto for Advisors, Bryan Courchesne from DAIM provides information on tax planning for crypto trades. Although we are half a year away from tax season, there are many considerations to track in order to be tax-ready. Then, Saim Akif from Akif CPA breaks down the differences in tax treatment between crypto and equities/bonds…
Bitcoin Magazine President Donald Trump: America Will Show The World How To Win With Digital Assets Like Never Before President Donald Trump posted on Truth Social Tuesday evening regarding recent Senate legislation, stating the U.S. will “show the World how to WIN with Digital Assets like never before.” The post came following the Senate’s passage…
Bitcoin Magazine 3 Misconceptions About US Debt A version of this newsletter was originally published on lynalden.com. This newsletter issue analyzes three common misconceptions about the US federal debt and deficits. The ongoing nature of the deficits has several investment implications, but along the way it’s important to not get distracted by things that don’t…
Bitcoin Magazine The Smarter Web Company Acquires £8.1M in Bitcoin For Treasury Holdings The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF) announced it has acquired an additional 104.28 Bitcoin at an average price of £77,751 ($104,451) per Bitcoin, totaling £8.1 million. The Smarter Web Company (#SWC $TSWCF) RNS Announcement: Bitcoin Purchase. Purchase of additional…
Ethereum is trading within a tight range that has held for several weeks, forming the kind of compression structure that often leads to a significant breakout. Despite heightened volatility in global markets driven by escalating tensions in the Middle East, ETH has remained resilient, holding strong above key demand zones around the $2,500–$2,600 area. The…
Tensions in the Middle East continue to shape cryptocurrency markets as ATOM demonstrates remarkable resilience in recent trading. The Cosmos ecosystem token recovered from a significant dip to $3.939, establishing crucial support around the $4.000 psychological level despite broader market uncertainty. Technical analysis ATOM-USD demonstrated resilience over the 24-hour period, recovering from a significant dip…
Cardano’s ADA ADA token is struggling to maintain upward momentum, sliding to $0.5965 despite signs of support at the $0.60 psychological threshold, according to CoinDesk Research’s technical analysis model. Earlier price action suggested a bullish reversal pattern, including a potential triple bottom formation, but the failure to hold $0.60 highlights ongoing weakness in the market….
Iranian cryptocurrency exchange Nobitex was hacked for around $90 million on Wednesday, on the surface of it an almost routine exploit in an industry that already dealt with a $223 million exchange exploit earlier this month. Below the surface, it was anything but. Digging a little deeper reveals this was not simply a cash grab,…
