Crypto crash: Top 3 reasons Bitcoin and altcoins may rebound
The recent crypto crash continued on Monday, June 23, as investors embraced a risk-off sentiment amid an ongoing geopolitical crisis. Bitcoin (BTC) was trading at $101,000, up from Sunday’s low of $98,230, while Ethereum (ETH) rose to $2,250. Total liquidations…...
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Here’s why the XRP price may crash below $1 soon
XRP price continued its downward momentum on Monday as it crashed below the important support level at $2. Ripple (XRP) has declined for five consecutive days, marking its longest losing streak in over a month, and is now trading at…...
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Kaia price rallies as DeFi assets, open interest gains steam
Kaia price continued its recent rally on Monday, June 23, as demand rose amid encouraging inflows into its decentralized finance applications. Kaia (KAIA) surged to a high of $0.1895, up 85% from its lowest level this year. It is now…...
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Veda Raises $18M to Expand DeFi Vault Infrastructure Powering Over $3.7B in Assets
Veda, a decentralized finance (DeFi) infrastructure firm, said it raised $18 million in a round led by CoinFund to support its platform, which enables apps and institutions to offer simplified crypto yield products. The startup’s main product is a modular vault framework that lets developers create smart contracts to...
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5G Chipmaker Sequans Joins the Bitcoin Treasury Strategy Rush
Telecommunication company Sequans (NYSE:SQNS) has announced that it will raise $384 million to launch a bitcoin treasury, according to a press release. The company has agreed to issue and sell $195 million in equity securities and $189 million in convertible secured debentures. “Our bitcoin treasury strategy reflects our strong...
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NEAR Protocol Surges 7% After Volatility Test, Establishes Key Support
The cryptocurrency market continues to reflect broader economic uncertainties as NEAR Protocol demonstrates resilience amid significant volatility. After experiencing a sharp decline to $1.79, NEAR has established support at $1.83 with substantial buying interest, particularly during high-volume trading periods. The token’s recovery momentum has formed a clear uptrend channel...
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XRP Reclaims $2 Level After Sharp Sell-Off, Futures Volume Hits $4B
XRP is showing strong resilience in the face of escalating global economic pressures, bouncing back from a steep correction to reclaim the key $2.00 support level. The token traded within a 6.5% range over the past 24 hours, bottoming out at $1.91 before climbing to a high of $2.04....
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Norway Plans Ban on New Crypto Mining Data Centers to Preserve Power
Norway’s Labour Party government has revealed plans to impose a temporary ban on any new crypto mining data centres that use energy‑heavy proof‑of‑work systems, per Reuters. The proposed rule could kick in Autumn 2025, if approved, and is aimed at preserving electricity capacity for more productive industries. “Cryptocurrency mining...
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Strategy Added 245 Bitcoin to Holdings Last Week
Strategy (MSTR), the largest publicly listed company holding bitcoin BTC, has increased its holdings by an additional 245 BTC for $26 million. This latest acquisition brings Strategy’s total bitcoin holdings to 592,345 BTC worth nearly $60 billion at bitcoin current price of about $101,000. The company’s average purchase price...
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OKX ‘Considering’ U.S. IPO, Native Token Sees 9.8% Spike: Report
Crypto exchange OKX is “considering” an initial public offering (IPO) with the U.S. as its preferred market, The Information reported on Sunday, citing an interview with the firm’s chief marketing officer. “We will absolutely consider an IPO in the future,” said Haider Rafique, chief marketing officer. “If we go...
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