Everything web3, crypto, defi, degen
In brief President Trump signed the GENIUS Act into law Friday afternoon, in a White House ceremony attended by numerous crypto industry leaders. The bill establishes a framework for issuing and trading stablecoins in the United States. Banks, traditional finance players, and retail giants that have expressed interest in stablecoins now have the green light…
In brief Charles Schwab is interested in introducing a stablecoin, its CEO told investors this week. The potential stablecoin initiative comes as Schwab prepares to offer spot Bitcoin and Ethereum ETFs to its clients. Schwab is one of several large financial services firms exploring issuing its own stablecoin. Charles Schwab would like to issue its…
In brief Solana will outperform Ethereum this year, despite recent shifts in momentum, according to 21Shares’ Adrian Fritz. Ethereum’s ecosystem may be more mature, but Solana showed promise with a burst of activity related to meme coins in January, he said. Ethereum will crack its 2021 record price, but Solana will still outperform, he said.…
In brief Strategy keeps its $72 billion Bitcoin stash with multiple custodians, but won’t publicly name them, citing security concerns despite pressure from crypto community. Coinbase confirmed it’s one of Strategy’s custodians, while blockchain analytics firm Arkham claims to have traced 70,000 BTC to Fidelity. SEC filings reveal Strategy uses only NYDFS-regulated custodians, narrowing the…
Coinbase stock soared to a new all-time high of $436 during early trading on July 18, driven by renewed investor confidence following significant legislative wins for the crypto industry.According to Yahoo Finance data, this is the highest price for Coinbase shares since the company debuted on the Nasdaq in 2021.The price increase also added to…
CRYPTO MARKET CAP TOPS $4T, XRP HITS ATH, ETH TREASURIES HEAT-UPXRP hits ATH, ETH nears $4k. BlackRock files to add staking to ETH ETF. Crypto market cap hits $4T for the first time. Trump to sign EO allowing crypto in 401k. Trump backs crypto tax exemptions: WH. Sharplink buys $115m ETH, to raise $6b to…
XRP has hit a new all-time high of $3.65, driven largely by a spike in trading activity across South Korea and the United States.Data from CryptoSlate shows that XRP ranked among the top five most traded digital assets over the past 24 hours, trailing only behind Bitcoin, Ethereum, and the stablecoins USDT and USDC.XRP recorded…
In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun’s livestreaming feature has seen meme coin creators performing stunts on…
Bitcoin dominance has dropped to 61.6%, its lowest level in three months, just as Ethereum surged to a six-month high and the global crypto market cap topped $4 trillion. This marks the most decisive capital rotation into altcoins since April, suggesting the early stages of a new alt-season.What’s HappeningBTC Dominance Breaks DownBitcoin’s share of the…
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…
