Crypto News

Image generated by CariGold The GENIUS Act became law this month, and with it came a wave of bullish prognostications about stablecoins. But for traditional payments companies, the landmark legislation was being eyed as a threat. That's because the law would allow more issuers to mint their own stablecoins. In June, reports suggested that major companies were considering issuing stablecoins. Market experts say such a move could allow companies to bypass credit card transaction fees by having customers use their native stablecoins. But Cuy Sheffield, the head of crypto at Visa, conveyed that the payments giant sees the rise of stablecoins as an opportunity. Sheffield made it clear that Visa isn't worried about corporations adopting...

Image generated by CariGold Key Points Bitcoin (CRYPTO: BTC) is having another fantastic year. After the leading digital asset's price soared 154% in 2023 and 119% in 2024, it is so far up 27% in 2025 (as of July 24). Investors who have been critical of Bitcoin can no longer ignore it as being a smart addition to a portfolio. But with the price not too far off the all-time high of $123,091.61, established on July 14, it's understandable if you're worried about a potential dip in the near term. That way of thinking is logical, especially when it seems like bullish fever is taking hold of market participants. My view, however, is to remain optimistic. Here are three reasons I think the Bitcoin surge isn't over. 1. A favorable macro...

Image generated by CariGold Bitcoin shrugs off $9bn Galaxy dump with ‘barely a blip’ Galaxy Digital confirmed it executed one of the largest Bitcoin sales in history on Friday, offloading more than 80,000 Bitcoin worth over $9 billion on behalf of a Satoshi-era investor. But despite the staggering size of the transaction, the market barely flinched. Bitcoin prices dipped from around $118,000 to $115,000 before rebounding to pre-sale levels on Sunday. Analysts say the absorption is a sign that Bitcoin has matured into a deep, liquid market capable of handling major exits without panic. “The market absorbing 80,000 Bitcoin in days with barely a blip is a big deal — Bitcoin isn’t fragile,” Strike CEO Jack Mallers wrote on X. “It’s...

Image generated by CariGold Key Points Seemingly out of nowhere, Ethereum (CRYPTO: ETH) has become one of the hottest cryptocurrencies on the planet. It's now up 65% over the past 30 days, and analysts are busy ratcheting up their price targets for just how high Ethereum might go in 2025 and beyond. Ethereum's rapid rise over the past few months could have important implications for your investment portfolio. Here are three reasons why investors should be paying attention. The arrival of "altcoin season"? Ethereum's rise has been so meteoric that it is now outpacing Bitcoin (CRYPTO: BTC), which is only up 15% over the past 30 days. This isn't supposed to happen. Historically, there has been a very tight correlation between price...

Image generated by CariGold Key Points Although earnings season has barely started, both PepsiCo and its archrival, Coca-Cola, have already reported earnings for the second quarter of 2025. The waning popularity of soda beverages and, in PepsiCo's case, the falling demand for snack foods, have translated into anemic growth for both companies. One thing to remember about both stocks is that they have become popular among dividend investors, each maintaining a record of annual dividend hikes for more than half a century. Amid such conditions, one beverage stock may ultimately stand out as a more suitable choice for most investors. Comparing the Two Businesses Although a flagship cola product defines each stock, both companies are...

Image generated by CariGold Diversified bank holding company Merchants Bancorp (NASDAQCM:MBIN) will be reporting results this Monday after market close. Here’s what to look for. Merchants Bancorp missed analysts’ revenue expectations by 12.7% last quarter, reporting revenues of $145.9 million, down 13.1% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ net interest income estimates and a significant miss of analysts’ EPS estimates. This quarter, analysts are expecting Merchants Bancorp’s revenue to be flat year on year at $159.2 million, slowing from the 17.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.12 per share. Analysts...

Image generated by CariGold Crypto Still Seen as 'Risky' Among U.S. Investors Despite Ownership Surging 8x Since 2018: Survey Cryptocurrency may be easier to buy than ever, but most Americans still want no part of it. A new Gallup survey found that just 14% of U.S. adults own crypto, a figure that has been growing but still represents a small slice of the investing public. The study, conducted in mid-June, revealed deep skepticism about cryptocurrencies. 60% of respondents said they have no interest in ever buying cryptocurrency, and just 17% admitted they’re intrigued. Only 4% of respondents said they plan on buying crypto in the near future. Gallup also found that among U.S. investors owning more than $10,000 in stocks, bonds or...

Image generated by CariGold Key Points Smart investors know that you don't need to swing at every pitch. Sometimes, simply parking a modest sum in the right play before the crowd arrives can reap outsize rewards. A fast-maturing corner of crypto -- real-world asset (RWA) tokenization -- offers that setup today as it moves stocks, bonds, and other traditional instruments onto blockchains for cheaper, faster settlement compared to existing financial technologies. Two coins already capturing some of the capital flows related to tokenization are Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP). They approach the megatrend of asset tokenization slightly differently, giving investors a paired bet on whatever flavors of tokenized finance...

Image generated by CariGold Key Points Energy Transfer (NYSE: ET) offers investors a high-yielding distribution (currently around 7.5%) backed by a rock-solid financial profile. The master limited partnership (MLP) is also growing at a healthy rate, which should continue. To top it off, the company trades at a very attractive valuation. Let's examine these features to determine whether they make Energy Transfer the smartest investment you can make today. A rock-solid income stream Energy Transfer's diversified midstream business generates substantial and stable cash flow, with fee-based contracts backing about 90% of the MLP's annual earnings. During the first quarter, the company produced $2.3 billion of distributable cash flow...

Image generated by CariGold Chamath Palihapitiya, billionaire investor and former Facebook executive, has always had some of the hottest takes on the crypto markets. With Bitcoin recently hitting a new all-time high (ATH), one of his predictions from 2013 has come to light. On July 26, Palihapitiya shared a video from 2013 in which he can be seen hailing Bitcoin's value as a store of value. The billionaire can be seen calling Bitcoin "gold 2.0" and expecting it to be an "unbelievably better" store of value within the next 3-5 years. In fact, every country experiencing currency pressure, such as Russia, Iran, Venezuela, and Argentina, would use Bitcoin, he had remarked, and predicted it would probably become a payment mechanism...

Image generated by CariGold Chipotle Shares Slide on Weak Same-Store Sales. Time to Buy the Dip or Run for the Hills? Key Points Chipotle Mexican Grill (NYSE: CMG) has experienced challenges this year as it strives to maintain its customer traffic levels. Despite a strong history, the company reported its second consecutive quarter of declining comparable-store sales in Q2 results announced on July 23. The decline began in January and persisted into spring. With stock prices down 24% in 2025 as of July 24, investors are contemplating whether this downturn presents a buying opportunity. Traffic declines Chipotle's comparable-restaurant sales fell 0.4% in Q1, continuing with a more significant 4% decline in Q2. Transactions dropped...

Image generated by CariGold Coinbase’s Base App Rebrand Sends a Little-Known Token Soaring 440% Amid SocialFi Boom Coinbase’s rebrand of its Wallet into the Base App has kicked off a SocialFi surge, sending Zora's (ZORA) activity into overdrive and leading to a massive rally for its token. Zora, which lets users mint tradable tokens tied to individual social posts, saw a dramatic rise in use following the app’s July 16 rebrand. The Base app’s features include posting, chatting, and one-tap token minting, integrated with Zora and Farcaster. The result, according to Dune data, were daily Zora token creations jumping from about 4,000 to more than 15,000, with a peak of 38,000 mints on July 24. Daily trades rose from 30,000 to over...

Image generated by CariGold Ark Invest CEO Cathie Wood is bagging Ethereum treasury companies, days after she dumped Robinhood and Coinbase stocks. In a tweet on July 26, Wood responded to the sudden demand to unstake Ethereum, asked by Brett Winton, chief futurist at Ark Invest. According to an analysis by Galaxy, Ethereum saw a massive spike in “unstaking” activity beginning July 16. In just six days, the number of validators trying to exit the Ethereum network’s staking system rose from about 1,920 to over 475,000. That’s a 24,000% increase — and it caused the average wait time for a validator to unstake their assets to stretch from under an hour to more than eight days. Galaxy believes this wasn’t just because of Ethereum’s...

Image generated by CariGold Winklevoss Claims JPMorgan Halted Gemini Onboarding After Data Access Fees Criticism Tyler Winklevoss, co-founder of the crypto exchange Gemini, claimed that JPMorgan Chase halted its onboarding process for Gemini after he criticized the bank’s new fee structure for fintech companies. Last week, Winklevoss publicly criticized JPMorgan CEO Jamie Dimon after Bloomberg reported the bank would start charging fintech platforms for access to customer banking data. Many of these platforms serve as bridges between traditional banks and crypto services. “This will bankrupt fintechs that help you link your bank accounts to crypto companies,” Winklevoss posted on X. “This is the kind of egregious regulatory capture...

Image generated by CariGold Key Points Cathie Wood is one of Wall Street's most closely followed investment managers. Wood founded Ark Investment Management in 2014 with a focus on disruptive innovation and has endeared herself to investors with her transparent, social-media-friendly approach to portfolio management. A longtime crypto bull, Wood recently started a position in Bitmine Immersion Technologies (NYSEMKT: BMNR). Ark's ETFs purchased 4.4 million shares on July 21. Bitmine chugged 2% higher the following day, but that's a drop in the bucket compared to the stock's 435% gain since it debuted on the public markets in June. Is now the time to follow Wood and get in on this stock? All in on Ethereum Bitmine's core business is...

Image generated by CariGold If you’re buying a new laptop or pair of shoes today, you may encounter a host of payment options: a credit or debit card, PayPal, Apple Pay, or buy now, pay later plans. Soon, you could see another option at checkout: stablecoins. President Trump recently signed the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, establishing federal regulations for stablecoins. Many observers believe that by establishing clear rules, lawmakers have paved the way for cryptocurrency to go mainstream as a means of payment. Even if you’ve never dabbled in crypto, the new law could change the way you shop, send money, get paid, and bank. What is a stablecoin? Stablecoin is a form of...

Image generated by CariGold Coca-Cola (NYSE: KO) is doing something this year it doesn't usually do: beating the market. There are several reasons investors have been enthusiastic about the stock this year. It generally draws interest when the market is down because it provides protection in its stability, and investors choose it for its safety. This year in particular, it's creating optimism because it's well protected against tariffs. However, as the tariff issue doesn't seem to be having the expected negative effects due to trade deals (or talk of them), the market is rising while the stock is starting to teeter. Let's see what's happening at Coca-Cola and whether or not it can continue to beat the market. Warren Buffett's...

Image generated by CariGold Visa's unassailable competitive position In fiscal 2024, Visa processed 233.8 billion transactions valued at a whopping $15.7 trillion. It currently has 4.8 billion active cards that are accepted at 150 million merchants around the world. That scale is unmatched, and it demonstrates just how formidable Visa's competitive position is, which is a key reason to scoop up shares. The business benefits from an extremely powerful network effect. As the number of merchants that accept Visa grows, it's more valuable to have a Visa card. The opposite is also true, with more cardholders creating more sales opportunities for merchants. The threat of stablecoins With the passing of the Genius Act, investors might...

Image generated by CariGold LIBRA Promoter Davis Calls Token a ‘Memecoin’ in Updated Defence After Suspicious Transfers Surface The promoter of the controversial LIBRA token, Hayden Mark Davis, has reportedly recharacterised the asset as a speculative “memecoin” in a recent US court filing. It’s a sharp reversal from earlier claims that the token was intended to support Argentine small businesses. The change comes as investigators surface a $500,000 crypto transfer from a Davis-linked wallet made on January 30, during his meeting with President Javier Milei at Argentina’s presidential palace. Blockchain data first reported by La Nación shows the funds were sent to US-based exchange Kraken in the form of USDC. A second transfer of...

Image generated by CariGold The Smartest Ethereum ETF to Buy With $500 Right Now Key Points Exchange-traded funds (ETFs) based on the real-time price of Ethereum (CRYPTO: ETH) have been around for a year now. Since the funds were approved and launched in July 2024, Ethereum has gained 7% while the S&P 500 (SNPINDEX: ^GSPC) rose 18%. The leading ETFs have done a great job of tracking this performance precisely, even if the cryptocurrency has been lagging behind stocks recently. But one ETF stands apart from the rest in many ways. If you're planning to enter the Ethereum market via an ETF, the iShares Ethereum Trust (NASDAQ: ETHA) should be at the top of your list. Apart from having the most assets under management (AUM) in its...