Bitcoin, Ethereum, Dogecoin Slide Even As Q2 Turns Profitable For Crypto: Analyst Warns About Decline In BTC If The Apex Coin Doesn’t Close Above This Level
Leading cryptocurrencies fell on Monday amid speculation that the Trump administration may have a “shadow Fed” before the term of Federal Reserve Chair Jerome Powell ends. Cryptocurrency Gains +/- Price (Recorded at 10:30 p.m. ET) Bitcoin (CRYPTO: BTC) -1.15% $107,374.79 Ethereum (CRYPTO: ETH) -0.46% $2,495.63 Dogecoin (CRYPTO: DOGE) -2.05%...
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Crypto Inflows Hit $2.7B in One Week, What Are Institutions Buying?
Crypto asset investment products saw continued momentum last week, with $2.7 billion in net inflows reported across major funds. According to data from CoinShares, this marks the 11th consecutive week of inflows, bringing the year-to-date total to $16.9 billion. The sustained interest has been led by institutional players such...
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Raoul Pal Says Robinhood Letting Users Trade OpenAI, SpaceX Through Blockchain Is ‘Democratization Of Finance’ — End Of Public Vs Private Markets Has Begun
Macro strategist Raoul Pal commended Robinhood Markets‘ (NASDAQ:HOOD) decision to launch tokenized stock offerings on Monday, describing it as “democratization of finance.” What happened: In an X post, Pal was reacting to a video of Robinhood CEO Vlad Tenev introducing the so-called “stock tokens,” which will allow users in...
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Asia Morning Briefing: Are Distributed Compute Tokens Undervalued vs. CoreWeave (CRWV)?
Tech investors love to pay for potential. GameFi tokens, with sky-high valuations divorced from current user numbers or revenues, embody this optimism perfectly — as CoinDesk investigated in 2022, Decentraland’s then billion-dollar market cap didn’t quite match the number of active players on the platform. But, surprisingly, distributed compute...
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Bold Brew: Spanish Coffee Giant OKs $1.17 Billion Bitcoin Strategy
Vanadi Coffee’s board has taken a bold step. On June 29, shareholders backed a plan to put up to €1 billion (about $1.17 billion) into Bitcoin. This move marks a sharp turn from its old ways. It also puts the tiny Spanish chain in the spotlight for big crypto bets. A...
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Dogecoin Price Eyes 58% Move Upward If This Major Level Is Broken
The Dogecoin price is once again in the spotlight, stirring up bullish excitement as a crypto analyst predicts a potential 58% upside move in the near term. After bouncing off key support zones, the analyst forecasts that a successful breakout above critical resistance levels could propel the altcoin to...
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Senator Seeks to Waive U.S. Taxes on Small-Scale Crypto Activity in Big Budget Bill
U.S. Senator Cynthia Lummis is seeking to slip a significant crypto tax measure into the massive budget bill that backs much of President Donald Trump’s agenda, trying to reduce tax consequences stemming from fundamental cryptocurrency activities. Lummis sought on Monday to insert language into Congress’ “Big Beautiful Bill” that...
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71% of Koreans Want to Buy More Crypto: Survey
The report, carried out by the Hana Financial Research Institute, a research firm specializing in financial markets and economic trends, analyzes current investor tendencies and future intentions. Of the participants in the survey, 27% reported that they own crypto, with the average investment being around $10 million won (just...
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Crypto Reserve In The Works, Says Kazakhstan’s Central Bank Chief
Kazakhstan’s National Bank (NBK) has begun designing what could become the country’s first sovereign crypto-asset reserve, signalling a shift from piecemeal digital-asset oversight toward full-fledged strategic portfolio management. In a written response to a parliamentary inquiry, NBK Chairman Timur Suleimenov confirmed that “work is underway on the development of...
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SOL price rallies to $161 after ETF news, but is the rally sustainable?
Solana’s ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition....
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