Crypto News

Image generated by CariGold Key Points The website CoinGecko tracks nearly 17,000 different cryptocurrencies, and last week, their combined value topped $4 trillion for the first time ever. Bitcoin alone accounts for $2.4 trillion of that value, and it continues to march to new highs, but even some of the most speculative meme tokens are participating in the recent rally. Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have soared by 73% and 37%, respectively, during the past month. President Donald Trump's pro-crypto agenda continues to pick up steam, which is driving demand for coins and tokens from all corners of the industry. Last week, Congress passed the Genius Act, which lays out a new regulatory framework for...

Image generated by CariGold Is It Too Late to Buy Bitcoin? Key Points What if I told you there is an investment opportunity that boasts the same return as Nvidia stock so far this year -- and what if I told you it's independent of the artificial intelligence (AI) revolution? As of July 18, both Nvidia stock and cryptocurrency king Bitcoin have near-identical gains so far this year. Bitcoin's surge has propelled its price to nearly $120,000 per coin -- an all-time high. Let's explore the catalysts behind Bitcoin's skyrocketing price action this year and detail how investors can get in on the action. What is fueling Bitcoin's price surge? During the past 18 months or so, a number of financial services firms launched spot Bitcoin...

Image generated by CariGold Key Points For some investors, earnings season is the pinnacle of data dumps on Wall Street. This is the six-week period each quarter where the stock market's most prominent and influential businesses lift the hood on their operating results. However, a strong argument can be made that the quarterly filing of Form 13Fs with the Securities and Exchange Commission provides equally invaluable information to investors. A 13F is a required filing by institutional investors who have at least $100 million in assets under management. What makes 13Fs so precious is they can clue investors into the stocks, industries, sectors, and trends that have piqued the attention of Wall Street's brightest money managers...

Image generated by CariGold 3 Cryptocurrencies I've Got My Eye On for the Second Half of 2025 Key Points If the first half of 2025 taught investors anything, it is that crypto's center of gravity can swing extremely quickly. For long-term investors, the churn is distracting, but it is also fertile ground for spotting the projects most likely to matter when the dust settles. From where I sit, three very different coins are worth special attention over the next six months: Solana, (CRYPTO: SOL) Ethereum, (CRYPTO: ETH) and Shiba Inu (CRYPTO: SHIB). One is sprinting ahead on real-world utility; one is a veteran chain that could be staging a genuine renaissance; and one is a lightning rod for market froth that doubles as an early-warning...

FTX to Start Next Round of Creditor Repayments on Sept. 30 FTX, the once prominent crypto exchange, will begin the next round of cash redistribution on Sept. 30, the bankrupt firm said in a statement on Wednesday. The firm, which was led by founder Sam Bankman-Fried, started paying back its creditors earlier this year. FTX has repaid nearly $6.2 billion after getting approval for its redistribution plan by the U.S. bankruptcy court. The former crypto giant used to be a mainstay in the digital asset ecosystem till a major expose in 2022 resulted in the downfall of Sam Bankman-Fried's empire. In 2023, Bankman-Fried was convicted on seven counts of fraud and conspiracy, and sentenced to 25 years in prison for orchestrating the $11...

Image generated by CariGold XRP Ledger Tapped for Tokenizing $130M Agribusiness Credit as Brazil's RWA Push Accelerates Brazilian securitization firm VERT has launched a blockchain-based private credit platform on the XRP Ledger, debuting with a Brazilian real 700 million (approximately $130 million) issuance of an Agribusiness Receivables Certificate (CRA), per a release. The CRA, a key instrument used to bundle future cash flows from Brazil’s agricultural sector, was recorded on-chain using the XRPL and its Ethereum-compatible EVM sidechain, allowing real-time tracking of cash flows, loan events, and payments. VERT’s new platform aims to modernize Brazil’s $200 billion private credit market by offering end-to-end lifecycle...

Image generated by CariGold Ether, XRP Traders Book Bigger Losses Than Bitcoin as Crypto Bulls See $630M in Liquidations A sharp pullback across crypto markets on Tuesday triggered nearly $735 million in liquidations with bulls bearing the brunt. Ether (ETH) and XRP (XRP) tracked futures bets booked larger losses than bitcoin in an unusual move, indicative of the higher interest toward altcoin traders in the past week. CoinGlass data shows ETH traders lost $152.78 million, the largest for any asset, followed by $88.58 million in liquidations for XRP. Bitcoin (BTC) came in third at $65.29 million, despite its larger market cap and deeper liquidity. While price action across the majors was mostly down by only a few percentage points...

Image generated by CariGold Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. In 2021, China’s central bank warned that global stablecoins could bring risks and challenges to the "international monetary system, payment and clearing system, monetary policies, [and] cross-border capital flow management." That quote, from the People’s Bank of China’s white paper on its e-CNY project, reflected the PBOC's deep skepticism toward private-sector digital currencies, particularly Facebook's Libra. As it turns out...

Image generated by CariGold Tesla’s Bitcoin Holdings Now Worth $1.2B After 30% BTC Price Rally in Q2 Tesla’s (TSLA) bitcoin (BTC) stash is now worth around $1.2 billion after the cryptocurrency's price climbed 30% in the second quarter of this year, according to its earnings report. The gain reflects a recent change in how U.S. accounting rules treat digital assets — one that works in Tesla’s favor. Tesla currently holds 11,509 BTC, according to BitcoinTreasuries.Net, making it the tenth largest publicly traded company to hold the crypto asset on its balance sheet. Bitcoin is currently trading at around $118,000, up from $83,000 on April 1. A rule approved by the Financial Accounting Standards Board (FASB) allows companies to start...

Image generated by CariGold Tesla didn’t mention Bitcoin once in its second-quarter 2025 financial filing, even as investors and analysts scanned the company’s balance sheet for any sign of movement in its crypto treasury. The silence isn’t new. Tesla hasn’t added or sold any Bitcoin for eight straight quarters, and the company's digital asset holdings remain unchanged at $184 million, according to the 10-Q form filed with the SEC on July 23. That’s the same value it reported in the first quarter of 2024, with no impairment losses or gains noted this time either. Tesla had initially bought $1.5 billion worth of Bitcoin in early 2021. Since then, it’s sold off the majority, with the last major sale happening in Q2 2022 when it...

Image generated by CariGold Why Dogecoin Is Plummeting Today Key Points Dogecoin (CRYPTO: DOGE) is experiencing sell-offs in Wednesday's trading, down 10.6% over the previous 24 hours as of 6:30 p.m. ET. Meanwhile, Bitcoin decreased by 1%, and Ethereum by 2.9%. Dogecoin is moving lower due to legislative developments and profit-taking following a bullish rally in the crypto market over the past months. Despite recent trading pullbacks, Dogecoin's token price remains up approximately 26.5% over the last week and 51% over the last three months. Dogecoin Pulls Back as Crypto Investors Look for the Next Bullish Catalyst The crypto market has recently experienced an impressive run, fueled by political and macroeconomic catalysts...

Image generated by CariGold Inside the Feds’ $23B Digital War Chest (Or What’s Left of It) Confusion over the U.S. government's Bitcoin holdings seemed to arise recently as several publications reported that the American government has sold more than 80% of its BTC holdings. An independent journalist, known as @L0la L33tz, requested the U.S. Marshals Service to reveal its BTC holdings under the Freedom of Information Act. The agency informed that it held only $3.4 billion in 28,988 forfeited BTC, the journalist shared. Sen. Cynthia Lummis (R-WY), who co-authored the Strategic Bitcoin Reserve bill, also expressed her shock over the reports that the government has sold more than 80% of its Bitcoin reserves. However, the on-chain...

Image generated by CariGold Would you invest in something that started as a joke? That’s exactly what millions have done — pouring billions into meme coins, a quirky corner of crypto that has evolved from internet punchlines into market disruptors. But are meme coins smart bets, digital pranks, or something else entirely? Let’s break it down. What exactly is a meme coin? A meme coin is a cryptocurrency inspired by internet culture, jokes, or viral trends. Unlike Bitcoin or Ethereum, which were designed to solve major financial or technical problems, meme coins usually launch with little to no utility. They’re not trying to reinvent money — they’re often just trying to go viral. Dogecoin is the poster child of this trend. Created...

Image generated by CariGold Joe McCann Closes Asymmetric Liquid Fund After 'Shifting Away From Liquid Trading' Joe McCann is winding down Asymmetric’s Liquid Alpha Fund after the fund was accused of losing massive value this year and drew sharp criticism online. In a social media post, the crypto investor said that the strategy behind the Liquid Alpha Fund “clearly is no longer serving our LPs.” He said the fund had been built for volatile markets and had once delivered results, but added that Asymmetric would now be "shifting away from liquid trading strategies" and toward longer-term investments in blockchain infrastructure. The decision comes after unconfirmed social media chatter that the liquid fund was down 78% this year. The...

Image generated by CariGold First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares 21Shares has submitted a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on July 23 for an ETF tracking ONDO, the native token of Ondo Finance. If passed, it would also be the first US-based ETF targeted at a token that supports a real-world asset (RWA) tokenization platform. The filing—made under "21Shares Ondo Trust"—suggests a growing appetite among institutional investors for tokenized finance, with a focus on blockchain-based replicas of traditional financial products, in this case U.S. Treasuries. Ondo Finance is one of the leading players in this space, offering tokenized Treasury products such as OUSG to enable...

Image generated by CariGold This Company Wants to Be the MicroStrategy of Stablecoins. Should You Buy Its Stock Now? Stablecoins promise to transform finance by combining the stability of traditional fiat currencies with the speed of blockchain technology. Companies aligned with this trend are drawing investor interest, especially those adopting treasury strategies similar to those of early crypto pioneers like Strategy (MSTR). TLGY Acquisition (TLGYF), a blank-check firm, is now jumping into this trend. On July 21, it announced a merger with StablecoinX Assets, a startup aiming to build a public company that will hold large amounts of Ethena’s ENA tokens. Ethena is a decentralized finance (DeFi) platform that issues ENA, the Ethena...

Image generated by CariGold Meme stock rally has investors feeling 'invulnerable' as speculative bets power markets at record highs For retail investors, the summer of 2025 is quickly turning into the latest meme stock moment. Stocks like Opendoor (OPEN), Kohl's (KSS), and Krispy Kreme (DNUT) have replaced yesterday's meme darlings like GameStop (GME), AMC (AMC), and now-shuttered Bed, Bath & Beyond as the latest market curiosities, treating investors to wild price swings with little fundamental backing to explain the moves. Opendoor stock is up more than 300% over the past month and saw a 140% increase in retail trading over the two weeks preceding Friday compared to the previous month, according to data from trading data platform...

Image generated by CariGold This Hot SPAC Stock Is Joining the Ethereum Treasury Battle. Should You Buy Shares Now? Dynamix Corporation (DYNX) surged nearly 17% on Monday, July 21 after announcing its merger with The Ether Machine, expected to close by the fourth quarter of 2025. The deal aims to create the largest public vehicle for institutional Ethereum (ETHUSD) exposure, trading under the ticker ETHM. The Ether Machine is led by co-founder Andrew Keys with a $645 million anchor investment. It plans to focus on yield generation through “staking” rather than just holding Ethereum. This approach enables the company to earn dividends by contributing to Ethereum network operations, a feature that current spot Ethereum ETFs do not...

Image generated by CariGold What Happened? Shares of technology real estate company Opendoor (NASDAQ:OPEN) fell 23.5% in the afternoon session as the stock plunged after a recent, massive surge driven by social media hype and retail investor enthusiasm, a phenomenon often referred to as a "meme stock" rally. The online real estate company's stock had skyrocketed in July, fueled by attention from retail investors on platforms like Reddit. This rapid ascent was not tied to any specific company news but rather to speculative trading momentum. After an explosive run that saw the stock price climb dramatically, investors began to take profits, leading to a sharp reversal. The significant drop occurred despite no new fundamental news from...

Image generated by CariGold Polymarket's Derivatives Exchange Acquisition Sets Stage for a Return to US Polymarket is returning to the U.S. The company on Monday acquired derivatives exchange and clearinghouse QCX for $112 million, paving the way for it to return to this market. The acquisition comes weeks after the Commodity Futures Trading Commission granted QCX a license to operate as a contract market. "With the acquisition of QCEX, we are laying the foundation to bring Polymarket home — re-entering the US as a fully regulated and compliant platform that will allow Americans to trade their opinions," Polymarket CEO Shayne Coplan said in a press release. Polymarket operates a peer-to-peer prediction market, in which users bet on...