News

Tether bought a 32% stake in Canadian gold company

Tether has significantly expanded its Bitcoin-and-gold investment strategy by acquiring a 31.9% stake in Canadian-listed gold royalty firm.

Source  Cryptopolitan1749741309
Crypto approaching systemic risk territory, FSB's Knot fires warning

Risk from crypto assets may soon threaten the global financial system, the outgoing Financial Stability Board Chair Klaas Knot warned. Speaking in Madrid on Thursday, Knot said that until now, crypto did not pose a systemic risk. However, recent developments are changing that. “At the FSB, we have long maintained that crypto does not yet […]

Source  Cryptopolitan1749740754
XRP To Capture 14% Of SWIFT’s Volume, Says Ripple CEO

Ripple chief executive Brad Garlinghouse used XRPL Apex 2025 to set an audacious target for the company’s native asset. “If you’re driving all the liquidity, that’s good for XRP … so I’ll say five years, 14 percent,” he told the audience, distinguishing sharply between SWIFT’s well-known messaging layer and the liquidity rails that actually move […]

Source  Bitcoinist1749740418
Forget Solana (SOL), These Altcoins Are Primed to 10x in 2025 

While Solana (SOL) has had its time in the spotlight, crypto investors are now hunting for the best crypto to buy in 2025 that hasn’t already run. Two names are standing out: Cardano (ADA) and the viral under-$1 token Mutuum Finance (MUTM). With ADA regaining momentum on the back of network upgrades and growing institutional […]

Source  Cryptopolitan1749740400
Republicans planning for ‘total tax cliff’ when Trump’s term ends in 2028

Congressional Republicans have submitted a law proposal that may result in a major “tax cliff” by the end of President Donald Trump’s second term in an attempt to extend certain tax breaks while letting others expire.  The proposed changes, embedded in the House-passed version of the GOP’s domestic agenda bill, could cause a political and […]

Source  Cryptopolitan1749740121
GameStop plummeted by 19% on Bitcoin buy plan

GameStop shares got destroyed Thursday after the company said it wants to raise $1.75 billion through a convertible note sale, triggering a massive selloff.

Source  Cryptopolitan1749739816
Nvidia CEO Huang cautions about losing the Chinese market to Huawei with US sanctions

In a wide‐ranging interview on the sidelines of Paris’s Viva Technology gathering, Nvidia’s CEO Jensen Huang cautioned that America’s self-imposed distance from China’s booming AI sector could hand the market to Huawei. Speaking to CNBC, Huang argued that US restrictions on selling high-end AI chips into China have an unintended outcome – they encourage Beijing’s […]

Source  Cryptopolitan1749739512
Ripple’s president and CEO disagree over memecoins' role in crypto

Brad Garlinghouse, Ripple CEO, was particularly unimpressed about memecoins, saying they are grossly overrated and unsustainable.

Source  Cryptopolitan1749737717
China insists it is a trustworthy partner in US trade pact

China says it will honor the new trade deal with the US and "always keeps its word."

Source  Cryptopolitan1749736850
XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7

The XRP price is reportedly positioning for a potential breakout as it forms a textbook Falling Wedge pattern, which a crypto analyst calls a perfect bullish setup. After a successful retest of a keg

Source  Newsbtc1749736850
Senate Likely To Pass Stablecoin Legislation Next Week – Bloomberg

The US Senate has moved forward with bipartisan legislation aimed at regulating stablecoins, a measure supported by both the crypto sector and President Donald Trump. Following a 68-30 procedural vote on Wednesday, the bill is set to face final approval as early as next week, according to Bloomberg. Stablecoin Bill Gains Momentum This advancement comes […]

Source  Bitcoinist1749736845
Coinbase Lists New Altcoins: Don’t Miss Your Chance to Buy These 3 Meme Coins

Is altcoin season coming? Well, popular crypto exchange Coinbase has announced that it will list several new altcoins, including utility tokens like $CAKE and $SQD, but also meme tokens like $FARTCOIN. Folks can start trading in them from Thursday 12 p.m. EST. Needless to say, Fartcoin is the most popular among the new listings. It […]

Source  Bitcoinist1749736618
Jack Ma’s Ant International planning Hong Kong and Singapore stablecoins, pending licenses

According to individuals familiar with the matter, Ant International, the overseas arm of Jack Ma-backed Ant Group Co., will soon apply for regulated stablecoin licenses in Singapore and Hong Kong. The company is seeking regulatory approval to issue fiat-referenced stablecoins in the Asian jurisdictions, which could also extend to Luxembourg, the sources claim. Per the […]

Source  Cryptopolitan1749735947
Russia floats fines and seizures as punishment for illegal miners and crypto payments

Authorities in Russia prepare to slap hefty fines on miners minting digital currencies outside the law, following the recent bust of large-scale illegal mining operations in Siberia. The penalties will be introduced through legislative changes, the authors of which have also taken the opportunity to target the use of cryptocurrencies for payments. In both cases, […]

Source  Cryptopolitan1749734439
US PPI comes in lower than expectations, rises 0.1% to 2.6% in May

The producer price index (PPI) in the United States ticked up 0.1% in May, lifting the annual rate to 2.6%, a slower climb than what analysts predicted, according to figures released Thursday by the Bureau of Labor Statistics. Economists surveyed by Bloomberg had expected a 0.2% increase, but the monthly rise came in weaker. The […]

Source  Cryptopolitan1749733766
Sen. Elizabeth Warren: 'Meta may be renewing its efforts to establish its own stablecoin'

Senators Warren and Blumenthal sent a letter to Zuckerberg questioning Meta's renewed efforts to establish its private currency, structured as a stablecoin.

Source  Cryptopolitan1749733501
XRP Price Slips as Bears Tighten Grip and Short Bets Surge

XRP holders are growing increasingly bearish as broader market sentiment weakens. Over the past few days, the altcoin has seen waning investor confidence.At the same time, the recent price action refl

Source  Beincrypto1749733200
Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

The Chinese tech conglomerate Tencent is exploring the acquisition of gaming company Nexon, which is behind the currently hot Web3 game Maple Story Universe.

Source  Cryptopolitan1749732602
Tether acquires 32% stake in Canadian-listed Gold mining company Elemental

Tether Group, the issuer of the world’s largest stablecoin USDT through its affiliate Tether Investments, has completed the acquisition of a 32% stake in Elemental Altus Royalties Corp. (Elemental).

Source  Fxstreet1749732283
Ethereum Tests Previous Resistance As Support – Can Bulls Defend This Level?

Ethereum finally pushed above the long-watched $2,800 mark, signaling renewed strength and triggering a wave of optimism across the market. However, the breakout was met with heavy volatility, as the

Source  Newsbtc1749731429
Dogecoin Volume Remains Low Despite Price Rebound, What’s Going On?

The Dogecoin price has been on the rebound, with Bitcoin barreling toward its all-time high levels once again. The break of $110,000 triggered an altcoin run after the Ethereum price moved 10% in a single day, and by extension, Dogecoin also followed with a more than 5% rebound already. However, the meme coin’s volume has […]

Source  Bitcoinist1749731410
Strategy's Michael Saylor ran to Bitcoin after COVID lockdowns and stimulus threatened $500M reserves

Michael Saylor moved MicroStrategy, now called Strategy, into Bitcoin in 2020 after the U.S. government shut down the economy and flooded it with cash. In an interview with psychologist Dr. Jordan B. Peterson on Wednesday, he explained that the COVID lockdowns, combined with zero interest rates, made holding cash a financial risk. “We had $500 […]

Source  Cryptopolitan1749731086
Boeing stock drops sharply after Air India crash

Boeing shares sank 8% in early trading Thursday after news broke that an Air India Boeing 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad, India. According to MarketWatch data, before markets opened at 6:10 a.m. Eastern, Boeing shares had already fallen by $17.12, or 8%, trading at $196.81 on about 563,400 shares. The day before, […]

Source  Cryptopolitan1749730839
Trump may be open to pushing July 8 trade talk deadline

US President Donald Trump said that he is open to extending the July 8 deadline to secure trade agreements with trading partners. However, he admitted that an extension may not be necessary. The remarks were made ahead of a performance of Les Misérables at the Kennedy Center in Washington, where he addressed trade discussions and […]

Source  Cryptopolitan1749729916
Bitcoin Sentiment Explodes While Bitcoin Hyper Soars: Best Presale in 2025 About to Take Off?

There’s much ado about Bitcoin these days. After notching a new all-time of $111.9K on May 22, 2025, $BTC has been trading back and forth below that mark, never falling below $100K. But usually

Source  Newsbtc1749729818
Crypto Today: Bitcoin, Ethereum, XRP risk further decline amid softer volumes and profit-taking 

Bitcoin (BTC) failed to hold above $110,000 following the sentiment-fuelled rally earlier this week, which broadly lifted cryptocurrency prices.

Source  Fxstreet1749729600
Ripple sets bold five-year target to capture SWIFT transaction volume with XRP

Ripple CEO Brad Garlinghouse has predicted that XRP could take up to 14% of interbank messaging platform SWIFT transaction volume in the next five years. Garlinghouse shared this projection at the recent XRPL Apex Conference in Singapore. The CEO said this in response to an interviewer’s question at the event. According to him, SWIFT today […]

Source  Cryptopolitan1749729040
Pudgy Penguins Partners with NASCAR: New Meme Coins on Presale for a Speed Boost

In a significant move bridging the gap between digital collectibles and mainstream sports, the popular NFT brand Pudgy Penguins ($PENGU) has partnered with NASCAR. The aim is to introduce the adorable crypto-native characters to a global audience of motorsport enthusiasts, with the announcement generating considerable excitement. The partnership highlights a broader trend of crypto solidifying […]

Source  Bitcoinist1749728399
Ethereum Leverage At All-Time High as BlackRock Ramps Up Accumulation

Ethereum (ETH) is making headlines as leveraged bets and institutional inflows converge. This synergy has pushed the network’s futures market to new extremes.Analysts are monitoring Ethereum amid talk

Source  Beincrypto1749727913
HBAR Price Downtrend Set To Face Volatility Explosion; Recovery Likely

HBAR has recently experienced a decline that erased the gains made earlier in the week, with the price currently standing at $0.169. Despite an initial rise of 13%, the altcoin struggled to break free

Source  Beincrypto1749727800
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