Month: July 2025

Hungary cracks down on crypto trading with hefty prison time

A new crypto law in Hungary is putting everyday traders at risk, and is already sending many service providers packing. According to a Forbes report, the Hungarian government has introduced a new law that criminalizes crypto operations. The legislation targets…...
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CoinDesk 20 Performance Update: Stellar (XLM) Surges 20.8% Over Weekend

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3688.41, up 3.2% (+115.64) since 4 p.m. ET on Friday. Seventeen of 20 assets are trading higher. Leaders: XLM (+20.8%) and HBAR (+19.1%)....
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Shiba Inu Gains 3% as Explosive Burn Rate Spurs Bullish Predictions

Shiba inu (SHIB), the world’s second-largest meme token by market value, has gained over 3% in the past 24 hours, hitting a nearly seven-week high of $0.00001416 at one point, according to CoinDesk data. The move happened as market leader bitcoin topped $122,000 to set new lifetime highs, which...
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Michael Saylor’s Strategy Adds 4,225 Bitcoin, Bringing BTC Stack to 601,550

Strategy (MSTR), the largest publicly traded company holding bitcoin (BTC), increased its BTC reserves by acquiring 4,225 BTC for a total of $472.5 million last week. This latest addition brings Strategy’s total bitcoin holdings to 601,550 BTC purchased for $42.87 billion, representing an average acquisition price of $71,268 per...
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BONK Surges 12% as Grayscale Monitoring Sparks Institutional Momentum

BONK posted a sharp 12% intraday gain during the last 24 hours, climbing from $0.0000250 to $0.0000281 before settling at $0.0000265, up 6.2%. The Solana-based meme token surged following news that Grayscale Investments included BONK in its expanded institutional monitoring framework, signaling rising interest from asset managers and potential...
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Crypto’s Cloud Moment Is Here

A new unified cloud platform promises to accelerate crypto’s app era, dramatically expanding what’s possible in decentralized finance (DeFi). Eigencloud — backed by a $70 investment from Andreesen Horowitz — offers something novel: an Ethereum development infrastructure that makes ‘virtually anything verifiable on-chain.’ Just as AWS once unleashed SaaS and the cloud economy,...
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