Everything web3, crypto, defi, degen
In brief Ethereum Classic, Litecoin, and Bitcoin Cash jumped in value on Friday, after XRP and Bitcoin set new all-time highs. Akshat Vaidya, CIO of venture capital firm Maelstrom, told Decrypt that old-school tokens pumping is an early sign that a broader altcoin season might be on its way. However, he said investors may have…
In brief Hungary’s updated criminal code imposes penalties up to 8 years in prison for unlicensed crypto exchange operators and up to 5 years for large-scale traders. The law targets illegal operations while allowing compliant exchanges to continue operating, though unclear implementation details have created market uncertainty. EU-licensed exchanges will be able to operate in…
The global crypto market capitalization has soared past $4 trillion for the first time, propelled by rising altcoin prices and an increasingly favorable regulatory landscape.On July 18, crypto data aggregator platform CoinGecko reported that the industry crossed the milestone during Asian trading hours. However, the total value had slightly dipped to $3.9 trillion as of…
In brief The total market capitalization of all cryptocurrencies hit $4 trillion Friday morning. Bitcoin’s market cap swelled to $2.4 trillion, and Ethereum $440 billion, as institutional inflows accelerated. Bitcoin ETFs pulled in $522.6 million Thursday alone, the second straight week topping $2 billion, with BlackRock’s IBIT capturing $497.3 million of the flows. For the…
President Donald Trump is reportedly intensifying his pro-crypto agenda with plans to expand access to trillions from retirement funds and ease taxation for everyday crypto use.According to a June 17 report by the Financial Times, sources familiar with the matter say the President could soon issue an executive order allowing 401(k) retirement plans to invest…
Pump.fun’s recent token sale has reignited debate around the sustainability of Solana’s meme launchpad model, according to a July 16 report by Alea Research titled “PumpFun: Asymmetric Upside or The Final Extraction.”The report explores whether the PUMP token offers asymmetric upside tied to Pump.fun’s revenue engine or reflects an extractive pivot during a waning memecoin…
In brief Bitcoin has climbed back to $120,000 after briefly pulling back to a local bottom $114,000. Institutional flows have resumed, with ETF inflows and treasury adoption gaining ground. Analysts point to macro headwinds including inflation risk, geopolitical tensions, and the potential for a dollar rebound. Bitcoin has reclaimed the $120,000 mark following a brief…
In brief XRP and Dogecoin are leading altcoin rallies, with XRP up over 43% in a week, fueled by speculative capital. The U.S. House of Representatives passed three key crypto bills, advancing the Trump administration’s pro-crypto policy agenda. Analyst notes macroeconomic factors, including government spending and inflation fears, prompting investors towards crypto. Crypto prices have…
In brief Kraken has launched CME-based Bitcoin and Ethereum futures for U.S. traders. The new offering coincides with congressional approval of landmark digital asset bills during what Republicans have dubbed “Crypto Week.” The CFTC gains ground as a preferred regulator, raising hopes for clearer rules across the industry. Kraken launched a regulated crypto futures platform…
Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past week and over 13% over the past 24 hours.The rally marked XRP’s first break above its 2018 peak and came amid a broader altcoin resurgence.The surge comes amid a wider altcoin rally led by Ethereum…
