Crypto News

- Crypto Companies Are Overvalued: Kraken CEO Kraken CEO Arjun Sethi believes that a lot of crypto companies are overvalued and that any company that gets into a category of a meme tends to be overvalued as well. He explains more on 'Bloomberg Crypto.' This article has been published in yahoo.com via Yahoo News https://finance.yahoo.com/video/crypto-companies-overvalued-kraken-ceo-194500196.html

- Trump’s 401(k) Move Could Unlock Billions for Crypto, Says Reserve Exec Thomas Mattimore, co-founder of Reserve, says President Donald Trump’s recent executive order opening 401(k) plans to alternative assets marks a watershed moment for innovation — with crypto standing to benefit. Reserve is a permissionless platform enabling anyone to launch, mint, and govern on-chain crypto indexes — called Decentralized Token Folios (DTFs) — that function like ETFs but with full transparency and 24/7 redemption. “This isn’t just a pro crypto change, but it’s a pro innovation change,” Mattimore said in an interview. “For a huge swath of the population who uses 401(k)s as their savings mechanism, they’ve been very limited. Crypto is the...

- The Crypto Bull Run Is Far From Over, Bernstein Predicts In their latest report, Bernstein is predicting a crypto bull market run into 2027 with bitcoin potentially soaring to $200,000 in the next year. The Wall Street firm also sees Robinhood, Coinbase, and Circle positioned to benefit from this extended rally. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/crypto-bull-run-far-over-183748883.html

- Over the last 10 years, Bitcoin (CRYPTO: BTC) grew by 51,910%, turning many investors into millionaires and making many more a fair bit wealthier. For some, all it took was socking away a fixed amount each week and having the patience to watch the gains compound. In fact, if you'd purchased an aggressive sum of $600 of Bitcoin every week for just the last six years, investing a total of $187,800, the harvest today would be in the high six figures and approaching close to $1 million. The coin's sustained scarcity plus growing demand could potentially do the trick of compounding for patient investors who want to buy it and build wealth today. It can probably still make new investors into millionaires, provided that they follow the...

- Sethi on Crypto Ecosystem, Going Public, Bitcoin Usage Kraken CEO Arjun Sethi discusses the future of the crypto ecosystem, whether Kraken will go public, and the buy and hold strategy of bitcoin owners. He speaks with Tim Stenovec on 'Bloomberg Crypto.' This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/sethi-crypto-ecosystem-going-public-181502197.html

- One of the foundational industries in the blockchain and crypto space, crypto mining has firmly established itself as a prominent player in the global technology sector. Pioneering companies from the crypto mining industry have gone on to become one of the most dependable bets in the markets. To put it simply, crypto mining is the process of using high-end computers to solve complex cryptographic puzzles to validate and add transactions to a blockchain network. It requires a lot of computing power to solve these functions, and the reward in the form of newly minted crypto assets is quite lucrative. That is why we have witnessed an extraordinary emergence of crypto mining firms in several parts of the world, but the U.S. takes the...

- Why XRP Is Sinking Today Key Points XRP (CRYPTO: XRP) is experiencing another round of sell-offs. The cryptocurrency is down 4.1% over the previous 24 hours of trading as of 1:30 p.m. ET. This period also saw Bitcoin fall by 2.8% and Ethereum sink by 4.3%. The cryptocurrency market is under pressure today, with Home Depot's latest quarterly report standing out as a potential catalyst for valuation pullbacks. Despite some significant valuation contraction after a record high last month, XRP is still up roughly 49% year to date as of this writing. Home Depot's latest quarterly update could signal trouble for XRP With the second-quarter earnings release and conference call it hosted this morning, Home Depot announced it would...

- Fiat Smart Car, Stellantis’ low-cost small vehicles platform, continues to be evolved. Fiat is one of the next in line to receive a fresh model based on this architecture, that being a pick-up for multiple regions. Said to be running slightly behind target for launch, it should at least be revealed this year though actual deliveries might not commence until 2026. The most-needed new model, however, is now imminent, that being the 500 Ibrida. This 1.0-litre mild hybrid version of the Cinquecento will be built on the same line as the EV at Mirafiori Carrozzerie. One interesting detail is a manual transmission, this now being a generally rare thing in cars for the European market. Both Firefly-powered and electric 500s should be...

- Why Dogecoin Is Sinking Today Key Points Dogecoin (CRYPTO: DOGE) is moving lower in Tuesday's trading. The cryptocurrency's token price has fallen 3.7% over the past 24 hours of trading as of 12:55 p.m. ET. Over the same period, Bitcoin is down 2.3%, and Ethereum was down 3.9%. The cryptocurrency market is getting hit with bearish pressures in today's trading, and Dogecoin is getting hit with sell-offs in conjunction with the trend. While it may seem strange at first glance, it appears recent news from Home Depot is playing a significant role in the latest pullback for the meme coin. Is Home Depot's latest quarterly report an important sign for Dogecoin? Home Depot published its second-quarter results before the market opened...

- Bitcoin could reach $200,000 within 6 months during 'long, exhausting' crypto bull market Bitcoin (BTC-USD) hit a record high last week, but analysts at Bernstein think the current crypto bull market could see the world's largest cryptocurrency hit an even bigger milestone in the near future: $200,000. In a note to clients published Tuesday, Gautam Chhugani and the digital assets team at Bernstein said they see bitcoin reaching its cycle peak between $150,000 and $200,000 in the next 6-12 months during what the firm is calling a "long, exhausting bull run" for crypto into 2027. "We believe we are in the middle of a digital assets revolution backed by regulatory reform," the firm wrote. "Now we believe the Trump admin. is in...

- Lido’s market share has fallen from 32% to 24% since 2023 when its dominance of the liquid staking market inspired claims it was approaching monopoly status. But co-founder Vasiliy Shapovalov has a plan to reclaim the ground it has ceded to competitors by offering “low-risk staking” to institutional and high-net-worth users. Shapovalov detailed the plans at last week’s inaugural call for Lido token holders, as the protocol’s share of the liquid staking market hit its lowest point in over four years. The problem, as Shapovalov sees it, is that Lido’s developers missed a massive opportunity while attempting to assuage critics. Three years ago, Ethereum researcher Danny Ryan penned a warning cheekily titled, “The Risks of LSD,”...

- The article highlights a call from finance industry bodies for a reconsideration of upcoming regulatory standards concerning crypto assets and banks. The Basel Committee on Banking Supervision established these standards in 2022, guiding banks on managing and disclosing risks from crypto exposure. However, various finance industry groups argue that the market has evolved since then, rendering the standards overly conservative. Despite being a small sector within the financial industry, the crypto market's rapid growth and its interplay with mainstream finance have drawn attention. Notably, recent regulatory shifts in the U.S., encouraged by a pro-crypto stance from the Trump administration, have paved the way for banks to delve into...

- Finance Industry Seeks Global Crypto Rule Overhaul for Banks The world’s major financial lobbying groups have called on regulators to pause the upcoming implementation of tough new standards governing banks’ cryptocurrency dealings and revisit measures they argue are needlessly onerous. In a joint letter to the Basel Committee on Banking Supervision, the trade associations suggested policymakers should seek updated information on the use cases for the distributed ledger technology that underlies digital assets. They also recommended weighing any appropriate redesign and recalibration of the standards due to be adopted in 2026. The rules, which include steep capital surcharges for banks holding cryptocurrencies, were agreed upon in...

- 1inch DAO fights for revenue as delegate calls it a ‘front’ for decentralisation 1inch’s decentralised governance is under threat. That’s according to delegates at 1inch DAO, the crypto collective behind the Ethereum decentralised exchange aggregator, who say 1inch Labs, the for-profit firm that built the protocol, is cutting the DAO off from the revenue it needs to function. “The DAO has effectively become a front for portraying a sense of decentralisation,” Abdullah Umar, head of governance at Arana Ventures, one of the proposal’s co-authors, told DL News. “It’s appropriate for the DAO to now reclaim a portion of the value being created on top of its infrastructure.” Arana Ventures and fellow delegate StableLab have proposed a...

- Kevin O’Leary, aka “Mr. Wonderful” from Shark Tank, has long been a bullish figure in finance, but in recent years, his views on cryptocurrency have taken a sharply strategic turn. Initially dismissive, O’Leary is now heavily invested in both crypto and its infrastructure — treating blockchain not as a passing phase, but as a permanent pillar of his portfolio. His journey into crypto wasn’t always smooth. Back in 2019, O’Leary called Bitcoin “worthless,” criticizing its volatility and likening it to a real estate investment in Switzerland with no hedge. But by 2021, he had pivoted. He allocated a portion of his portfolio to Bitcoin and even served as a spokesperson for the now-defunct exchange FTX, a decision that landed him in hot...

- Hackensack Meridian partners with CLEAR for patient identity US-based comprehensive health network Hackensack Meridian Health has joined forces with CLEAR to enhance the patient experience through secure digital identity solutions. This collaboration aims to create a unified, interoperable identity across the Hackensack ecosystem. Integration of CLEAR's identity platform, CLEAR1, with the Epic healthcare solution is set to enhance the way patients engage with Hackensack's services. The forthcoming feature will allow patients to establish their MyChart accounts, reset passwords, and use a simple selfie for verification instead of the traditional methods. Hackensack Meridian Health CEO Robert Garrett said: “Our partnership with...

- Chamath Palihapitiya, dubbed by some as the Wall Street’s "SPAC king," is making a comeback to the blank-check company market with a new special purpose acquisition vehicle. According to a filing released late Monday, American Exceptionalism Acquisition Corp, which Palihapitiya chairs, plans to list on the New York Stock Exchange under the ticker ’AEXA’. The SPAC aims to raise $250 million to target companies operating in artificial intelligence, energy, decentralized finance, and defense sectors. SPACs function as shell companies that raise capital through an initial public offering to merge with a private business and take it public. This method offers companies an alternative path to markets that avoids the lengthier and more...

- Ex-White House crypto lead Bo Hines joins Tether as $167bn stablecoin giant eyes US entrance After just 10 days on the job hunt, Bo Hines has found a new employer. The 29-year-old North Carolinian, who previously led the White House’s crypto council as executive director, has joined stablecoin behemoth Tether as the company’s strategic advisor for the US. Hines played a key role in crafting the various crypto initiatives that have defined much of US President Donald Trump’s second term, including landmark stablecoin legislation. That positions the Yale graduate as a key player in Tether’s plans to enter the US market. “Bo Hines’ appointment signals a serious US push,” Callum Clark, co-founder of tokenisation platform Alvara...

- 2025 SCOTUS Decisions That Could Affect Your Wallet While the Supreme Court is the highest power of America’s judicial branch, it might not be thought of as a force that dictates economic policy. However, many of the Court’s decisions — particularly those related to the tax system — can definitely have an impact on your wallet. As Shane Lucado, attorney and founder/CEO of InPerSuit, explained, “When the Supreme Court turns policy into precedent, it rattles risk forecasts, freezes capital and creates trillions in downstream effects that are rarely accounted for in the headlines. … That ripple affects capital markets within hours, pricing strategies within days and litigation exposure within weeks.” Below are a few cases from the...

- Palihapitiya Returns to SPAC Market with American Exceptionalism's IPO Filing Venture investor Chamath Palihapitiya, often referred to as Wall Street's "SPAC king" due to his high-profile blank-check deals, is making a return to the market with his latest special purpose acquisition vehicle. American Exceptionalism Acquisition Corp, chaired by Palihapitiya, is set to list on the New York Stock Exchange under the ticker 'AEXA', according to a recent filing. The SPAC aims to raise $250 million, focusing on companies in the artificial intelligence, energy, decentralized finance, and defense sectors. A SPAC is essentially a shell company that raises money through an IPO to merge with a private business, offering companies an...