Month: July 2025

[PRESS RELEASE – Panama, Panama, July 1st, 2025] Gate, a globally leading cryptocurrency trading platform, has officially surpassed 30 million registered users, marking a new milestone in its global expansion. This milestone reflects the platform’s expanding presence in international markets and indicates progress in its strategic transformation, brand positioning,...

XRP is testing the resistance at $2.3. Will it break? Key Support levels: $2 Key Resistance levels: $2.3, $2.6, $3 1. Key Resistance Under Pressure Yesterday, buyers pushed XRP to the key resistance at $2.3, but sellers returned to stop a breakout. At the time of this post, the...

Willy Woo, a widely followed Bitcoin (CRYPTO: BTC) influencer and analyst, shared a controversial take Monday that called grouping altcoins and BTC under the “crypto” label a bad idea. What happened: In an X post, Woo recalled a meeting with whom he claimed was the original creator of the...

The Bank of Korea (BOK) has reportedly halted its Central Bank Digital Currency (CBDC) project following the South Korean government’s focus on stablecoins. The shift has left project participants with “no long-term roadmap” and banks pivoting to this sector. BOK Suspends Second Phase Of CBDC Testing On Sunday, local...

Circle (CRCL), issuer of the market’s second largest stablecoin, USDC, is applying to establish a national trust bank in the United States. This announcement follows Circle’s recent Initital Public Offering (IPO), which valued the company at nearly $18 billion.  Circle Seeks OCC Approval  If approved by the US Office...

The first half of 2025 was nothing short of a roller coaster for Bitcoin (CRYPTO: BTC), marked by historic highs, sharp corrections, and exciting recoveries. What Happened: The apex cryptocurrency blasted to a new all-time high in January, driven by optimism over a crypto-supportive U.S. administration under President Donald...

American Bitcoin Corp, a Miami-based mining company majority owned by Hut 8 (HUT) and backed by the Trump family, has raised $220 million from accredited investors, according to a filing with the U.S. Securities and Exchange Commission. The raise topped its target of $200 million, and it also accepted...

Australian bitcoin (BTC) miner IREN (IREN) said it reached its midyear hashrate target of 50 exahashes per second (EH/s) installed self-mining capacity. The growth from 31 EH/s at the end of last year is anchored by IREN’s 750MW site in Childress, Texas, the company formerly known as formerly Iris...

Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR)Strategy’s (MSTR) perpetual preferred shares may be anticipating the bitcoin-accumulation company’s inclusion in the S&P 500 index after the largest cryptocurrency posted a record-high monthly close at a price some analysts calculate lifted quarterly earnings to a level...

The profit-taking activity on the Bitcoin network intensified on Monday, keeping bitcoin’s (BTC) spot price under pressure on the final day of the second quarter. The total amount of realized profits on-chain rose to $2.4 billion, with its seven-day average climbing to $1.52 billion, the highest since the second...