Anthony Pompliano Says Companies Holding Bitcoin Are Making A Bet Against ‘Dollar’s Ability To Store Value’
Entrepreneur and investor Anthony Pompliano ignited a discussion Monday on the potential of Bitcoin (CRYPTO: BTC) as a corporate reserve asset, deeming it the “contrarian” bet against the weakening U.S. dollar. What Happened: During an interview with CNBC, Pompliano said that there should be “way more pressure” on the public...
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Ethereum retraces from $3,900 local top but declining exchange reserves signal more upside
Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28. The move marks a minor retracement after a sharp rally over the past 30 days, with the token still up 56%. While…...
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US Dollar’s Lead In Stablecoins May Undermine ECB’s Autonomy, Alerts New Blog Post
A recent blog post from the European Central Bank (ECB) raised alarms about the implications of the US dollar’s dominance in the stablecoin market, especially in light of President Donald Trump’s recent signing of the GENIUS Act into law. This trend could allegedly lead to increased borrowing costs for...
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Cathie Wood’s ARK Invest taps SOL Strategies for Solana staking
ARK Invest has migrated its Solana validator operations to Toronto-based SOL Strategies, a publicly traded firm with deep roots in crypto’s institutional infrastructure. The move signals a growing preference for specialized staking providers over traditional custodians. According to a press…...
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SEC pushes back decision on Truth Social Bitcoin ETF to September
The US Securities and Exchange Commission won’t decide on the Truth Social Bitcoin ETF until at least Sept. 18. On Monday, the Commission said it had extended the review period for the proposed fund, which NYSE Arca submitted on behalf…...
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Solana Faces Backlash as Co-Founder Slams NFTs and Meme Coins Despite Network Dominance
Anatoly Yakovenko, co-founder of Solana, has stirred intense debate within the crypto community after branding NFTs and meme coins as “digital slop with no intrinsic value.” In a post on X, Yakovenko compared the booming NFT and memecoin sectors to mobile game loot boxes, implying that consumer spending doesn’t...
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Bitcoin Demand Shift: Coinbase’s 60-Day BTC Premium Streak is at Risk
After a historic 60-day run, bitcoin’s (BTC) premium on Coinbase, a key indicator of robust U.S. investor demand, is dissipating, indicating a notable shift in market dynamics. BTC’s Coinbase premium, which represents the percentage difference between the BTC/USD pair on Coinbase and the BTC/USDT pair on Binance, turned negative...
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Tron Is Rising When Bitcoin, Dogecoin And Other Major Cryptos Flash Red: Here’s Why
Tron (CRYPTO: TRX) was trading higher Monday night, defying the broader decline in the cryptocurrency market after Tron Inc. (NASDAQ:TRON) filed a $1 billion shelf offering with the SEC. What happened: The native token of the Justin Sun-founded network rose over 2%, while its trading volume skyrocketed 106% to...
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BitMine tanks 27% despite touting ETH’s implied value at $60K
David Grider, a partner at venture capital firm Finality Capital, said he thinks the Ether treasury company boom should bode well for the long-term price and inflows of the token....
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Plasma stablecoin layer 1 raises $373M in oversubscribed token sale
Plasma, a stablecoin-focused layer 1 blockchain, has raised $373 million in a public token sale, positioning itself as a major new player in the stablecoin infrastructure space. According to a statement on Plasma’s official X account, the company raised $373…...
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