Tag: News

Bank of America (BofA) is preparing to enter the stablecoin market, CEO Brian Moynihan said Wednesday, adding that the bank has already laid the groundwork and expects to act when the time is right. “We feel both the industry and ourselves will have responses,” Moynihan said during the lender’s...

Ethereum’s ether ETH raced ahead on Wednesday, leading the crypto market higher after a modest dip earlier this week. ETH broke above the $3,200 level for the first time since early February, gaining 6.5% over the past 24 hours, CoinDesk data shows. It’s now ahead a full 22% over...

What looked like a rebound at first glance reflected something deeper; a change in the nature of demand. As digital assets rallied, institutional flows became more targeted, and corporate balance sheets emerged as a key driver of market structure. Bitcoin rose 29.8%, reaching a new all-time high in June,...

Bitcoin triumphantly formed a series of fresh record highs last week, eventually topping out just shy of $124,000 as profit taking emerged. The rise has paved the way for what many are describing as the latest “altcoin season,” which involves crypto tokens other than bitcoin making often exponential moves...

Cantor Equity Partners I (CEPO) is changing hands just shy of $15 in morning U.S. action, up about 25% from the $12 level it traded at prior to a late-Tuesday story from the FT that the company and Adam Back were nearing a $3.5 billion funding deal. To review,...

Bitmine Immersion Technologies (BMNR), the ether treasury strategy firm helmed by Fundstrat’s Thomas Lee, is rebounding on Wednesday on news that prominent tech investor Peter Thiel invested in the company. According to a Tuesday filing to the U.S. Securities and Exchange Commission (SEC), Thiel purchased 9.1% of the firm’s...

James Wynn, the pseudonymous crypto trader known for his aggressive leveraged bets, has resumed high-risk trading just weeks after self-reporting losses in the hundreds of millions. Known for his audacious trading style on the Hyperliquid (CRYPTO: HYPE) platform, Wynn’s journey from meteoric gains to catastrophic losses, followed by a...

Liquidity follows speed, and BNB Chain is betting big. With a 2026 upgrade targeting stock exchange-level throughput and latency, the network could become the go-to venue for high-volume, institutional-grade DeFi. In a blog post dated July 16, BNB Chain outlined…...

Bonk, the memecoin on Solana, continues to post an impressive run, with its price up 15% and leading the top 100 cryptocurrencies over the past 24 hours. The uptick for Bonk (BONK) comes as the memecoin’srally pushes its price up…...

Trump’s actions could undermine Fed independence, potentially destabilizing financial markets and eroding trust in U.S. economic governance. The post Trump reveals draft letter firing Fed Chair Powell during crypto bill discussion appeared first on Crypto Briefing....