Crypto News

Bending Spoons defies SaaS slump, surges 40% on first day of trading Bending Spoons Defies SaaS Slump, Surges 40% on First Day of Trading Bending Spoons, a Milan-based app developer, made a significant mark in the Software as a Service (SaaS) industry with its remarkable 40% surge on the first day of trading. Despite prevailing market challenges, the company's performance signals strong investor confidence and highlights the potential for growth within the sector. Founded in Milan, Bending Spoons has been making strides with a series of popular apps. The firm's innovative approach and strategic positioning have propelled it to the forefront of the tech scene, defying the recent downward trends observed across the broader SaaS...

Solana Tops All Blockchains in dApp Revenue for Ninth Straight Quarter Solana Tops All Blockchains in dApp Revenue for Ninth Straight Quarter Blockchain revenue figures matter precisely because they are harder to game than alternative metrics. Total value locked, TVL, the sum of assets deposited into DeFi protocols – can be inflated through recursive deposits, where the same capital is counted multiple times across lending and liquidity pools. Daily active addresses can be manufactured. Revenue cannot: it reflects users paying fees for something they chose to use. That said, Solana's revenue mix carries a concentration risk that investors in SOL should price honestly. Memecoins and memecoin-adjacent trading infrastructure, Pump.fun...

Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin Circle’s stock notably declined as Open, a competitor in the stablecoin market, received backing from industry giants Coinbase, BlackRock, and Visa. These strategic partnerships have heightened competition, placing pressure on Circle to maintain its market position with its USD Coin (USDC). USDC has been an influential player in the digital currency space, known for its transparency and strong security measures. However, with Open's emergence and the support from established entities, Circle faces a pivotal moment. This development might compel Circle to explore new strategies or...

Bitcoin rebounds above $60k ahead of key US jobs data Investing.com-- Bitcoin rebounded above the $60,000 mark on Thursday, as investors looked ahead to U.S. payrolls data for fresh clues on Federal Reserve policy following one of the cryptocurrency’s weakest first-half performances in years. The world’s largest cryptocurrency last traded 3% higher at $60,499.7 by 02:03 ET (06:03 GMT). Still, cryptocurrencies remained under pressure after a prolonged selloff driven by persistent outflows from U.S. spot exchange-traded funds and weakening risk appetite.  Bitcoin recorded a more than 30% decline in the first six months of 2026. Get premium crypto market insights with InvestingPro subscription Traders await US jobs data for Fed...

Ripple Targets $1 Billion Revenue Run Rate by 2026, Excluding XRP Ripple Targets $1 Billion Revenue Run Rate by 2026, Excluding XRP Garlinghouse's emphasis on excluding XRP from the revenue target comes as investor interest in the token remains strong. XRP-linked investment products recently recorded their fifth consecutive week of inflows, attracting approximately $10.68 million during the week ending June 12, according to industry data. Meanwhile, XRP traded near $1.18 on June 15, demonstrating resilience despite broader market volatility. The separation between Ripple's operational revenue and XRP-related activity could provide institutional customers with a clearer framework for evaluating the company's business...

Philippines Issues Stricter Crypto Listing Rules, Bans Privacy Coins Philippines Issues Stricter Crypto Listing Rules, Bans Privacy Coins Last June, the SEC enacted Memorandum Circular No. 5, forcing crypto-asset service providers (CASPs) to register locally, hold $1.8 million (₱100 million) in paid-up capital, store customer data within the country, and report to both the SEC and the Anti-Money Laundering Council. By August, the commission had cut off access to 10 offshore platforms, including OKX, Bybit, Kraken, and KuCoin. Luis Buenaventura, President at the Blockchain Council of the Philippines, previously told Decrypt the SEC's rules created "a competitive advantage for licensed players," and maintained the broader crackdown...

What Happened to Cardano’s Missing 1,096 Bitcoin? Hoskinson Gives His Answer Hoskinson also pushed back against allegations that the funds remain unaccounted for, arguing that critics are applying present-day Bitcoin valuations to transactions that occurred a decade ago. Critics Want Documentation, Not Explanations Despite the clarification, investor Thomas Braziel said important questions remain unanswered. Braziel argued that the issue has never been whether audits cost money, but rather whether the available evidence sufficiently explains where the 1,096 BTC ultimately went and who received it. Following Hoskinson's remarks, Braziel called for supporting documentation, including invoices, payment approvals, and transaction...

Valle Capital Token Launches RWA and Agribusiness Ecosystem Tortola, British Virgin Islands, July 1st, 2026, Chainwire VCT combines blockchain transparency, agribusiness intelligence, export-finance infrastructure and real-world asset tokenization on BNB Smart Chain. Valle Capital Token (“VCT”) today announced the development and expansion of its blockchain-powered ecosystem designed to connect global digital capital with Brazilian agribusiness operations and international commodity exports. Built on BNB Smart Chain, Valle Capital Token combines utility-token functionality with a real-world asset-focused model intended to support greater transparency, operational visibility and digital infrastructure across agricultural production...

Read Palantir's 9-point manifesto that decries tokenmaxxing and trumpets 'AI sovereignty' Read Palantir's 9-point manifesto that decries tokenmaxxing and trumpets 'AI sovereignty' Palantir has published a manifesto emphasizing the importance of maintaining "AI sovereignty" and criticizing the trend of tokenmaxxing. The company stresses the need for a more responsible approach to AI development and management, aiming to set a precedent for the industry with its outlined principles. This article has been published in businessinsider.com via Yahoo News. https://finance.yahoo.com/technology/ai/articles/read-palantirs-9-point-manifesto-140931417.html

Web3 Founders Are Choosing Wall Street Over DeFi, New Report Finds Unlike previous crypto cycles, however, many companies already have operating businesses. Thirty-seven percent already generate revenue, while another 7% report profitability, meaning almost half the applicant pool has established commercial traction before scaling. According to the report, this represents a major departure from earlier market cycles, when startups frequently prioritized token launches ahead of product-market fit. Instead, founders increasingly focus on building sustainable businesses first, with token economies becoming a secondary consideration. Geographically, North America remains the dominant startup hub, representing 35% of applicants...

Morning Minute: Major New Stablecoin Launch Shakes Incumbents The bulk of the $1.2B in earnings came from two sources. Trump earned just over $635 million from his memecoin alone, almost entirely as royalties tied to a licensing agreement with Celebration Coins. The TRUMP token launched on Solana days before he retook office in January 2025, rocketed to $75 and a $75B dollar market cap within 3 days before selling off. Now it trades around $1.66 at a $394 million market cap, down roughly 98% from its all-time high. The other major piece was more than $588 million in net proceeds from token sales distributed by World Liberty Financial, the family's DeFi and stablecoin venture. He also reported holding over $50 million in Bitcoin and...

Crypto Tax Made Easy Helps Cut Client’s IRS Audit Exposure From $1.55 Million to Approximately $148K Draper, Utah/USA, July 1st, 2026 Crypto Tax Made Easy reconstructed an anonymous client’s blockchain and exchange records during an IRS audit, and Securus Advisors represented the client before the IRS, supporting the position that disputed Poloniex withdrawals were transfers between the taxpayer’s own wallets rather than new taxable income. Crypto Tax Made Easy, a cryptocurrency tax accounting firm, has reported the resolution of an Internal Revenue Service (IRS) audit in which an anonymous client’s estimated tax exposure of approximately $1.55 million was reduced to a settlement of about $148,000, including penalties and interest...

Crypto Wallet MetaMask Launches Yield-Paying Money Account on Monad MetaMask has launched a new feature that functions like a yield-paying money account on the Monad platform. This initiative is part of MetaMask's ongoing efforts to expand its services beyond traditional crypto wallet functionalities, though the company maintains that it does not aim to be classified as a financial services provider. MetaMask's Vision MetaMask's overarching mission is to transform into a global money operating system. According to the company, users will be able to trade a wide variety of tokens, markets, or asset classes while seamlessly earning and spending, all while retaining control over their funds. This article has been published in...

Ripple CEO Says Saylor's Bitcoin Strategy Is Hurting Crypto as STRC Trades 25% Below Par — Here's Why Ripple CEO Says Saylor's Bitcoin Strategy Is Hurting Crypto as STRC Trades 25% Below Par — Here's Why While Schiff did not call for regulatory action, his description of the statement as "materially false and misleading" uses language commonly associated with securities law and investor disclosure standards. Balance Sheet Backdrop Making Both Critiques Land Harder Neither Garlinghouse nor Schiff is making these arguments in a vacuum. Strategy holds more than 843,000 BTC purchased at an average acquisition cost of approximately $75,646 per coin. With Bitcoin trading near $59,000 to $60,000 at time of writing, the company carries...

Bitcoin falls to 58.9k, nears 22-mth low after deep qtrly losses on rate jitters Investing.com-- Bitcoin fell slightly on Wednesday, remaining under pressure after logging deep quarterly losses as investors largely avoided buying into cryptocurrencies amid growing expectations for higher U.S. interest rates. A broader preference for artificial intelligence-linked assets also dampened appetite for crypto, as did risk aversion stemming from uncertainty over more U.S.-Iran peace talks.  Bitcoin fell 1.1% to $58,919.1 by 02:18 ET (06:16 GMT). The world’s largest crypto briefly hit a 22-month low of $57,832.5 earlier in the day.  Continued institutional selling in spot exchange-traded funds also pressured the world’s largest crypto...

TD Cowen Slashes Strategy Price Target, Citing Ongoing Bitcoin Weakness TD Cowen Slashes Strategy Price Target, Citing Ongoing Bitcoin Weakness What's more, Strategy's framework marked a shift toward "two-way capital allocation," the analysts wrote, noting that the company's ability to repurchase $1 billion in common shares and $1 billion in preferred shares may present arbitrage opportunities. Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling The analysts highlighted Strategy's new monetization program for Bitcoin, under which the firm can sell $1.25 billion worth of Bitcoin to top off its cash reserves. The initiative formalized the digital asset as a "flexible source of capital" alongside other levers...

Cathie Wood Makes Fresh Bullish Bitcoin Call — Just Months After $1.5M Prediction Cathie Wood Makes Fresh Bullish Bitcoin Call — Just Months After $1.5M Prediction Cathie Wood has consistently remained among Wall Street's most bullish Bitcoin investors. Speaking on The Rollup podcast in April, she said ARK still expects Bitcoin to appreciate substantially before the end of the decade. She argued that Bitcoin continues to evolve into a global store-of-value asset and rejected comparisons that treat it as a direct substitute for gold. Instead, Wood said gold and Bitcoin have historically moved in cycles. Wood also described Bitcoin as being in a "bottoming process" following recent market weakness. ARK Invest Adds $43.5 Million to...

Autheo Introduces the Internet Operating System: A Decentralized Coordination Layer for Web, Blockchain, & AI Sheridan, USA / Wyoming, June 30th, 2026, Chainwire Five years in the making, Autheo is launching its decentralized operating system on Mainnet — after public testnet adoption surpassed 1.8 million wallets, nearly 1 million smart contracts, and 8.8 million transactions. Autheo today formally introduced its decentralized operating system to the public: a coordination layer designed to let the traditional Web, blockchain networks, and AI agents interoperate natively as a single system. The company is now launching its Mainnet — the production environment for the network — after more than a year of public testnet activity. THE...

Bitcoin pinned below $60k as rate jitters, ETF outflows persist

Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listing - Bitcoin Miner and AI Firm Ionic Digital Files for Nasdaq Direct Listing Ionic Digital, a company that operates both as a bitcoin miner and an artificial intelligence firm, has filed for a direct listing on Nasdaq. The company aims to raise capital to accelerate its growth and expand its technological capabilities. Ionic Digital plans to leverage its presence in the cryptocurrency and AI sectors to attract investors. The company noted that its dual focus enables it to explore synergies between blockchain technology and artificial intelligence, creating unique business opportunities. Ionic Digital's entry into the Nasdaq is expected to bring more visibility and...