Crypto News

Image generated by CariGold Circle (CRCL), the public issuer of stablecoin USDC, saw its shares shrink as much as 8% on July 22, after Compass Point downgraded the stock from "Hold" to "Sell," citing valuation concerns and increased competition in the digital asset market. The firm also reduced its price target on Circle to $130, down from $205, which suggested a pullback after the company's huge post-IPO run. At press time, CRCL was trading at $199.24, down 7.80% over the last day. Circle stock has increased over 500% since launching on June 5, and Growth has been fueled by the energized market environment spawned by the introduction of the GENIUS Act, signed into law by President Donald Trump, which created a much more transparent...

Image generated by CariGold Key Points Dogecoin (CRYPTO: DOGE) is going through a modest valuation pullback in Tuesday's trading. The cryptocurrency's token price was down 2.1% as of 6:45 p.m. ET. Meanwhile, Bitcoin was up 2%, and Ethereum was down 1.5%. Following a recent surge in bullish activity for the crypto market, investors are wavering on whether to back the market-leading Bitcoin or to put their money into riskier altcoins. Even though Dogecoin's recent valuation run-up appears to be taking a bit of a breather, its token price is still up roughly 70.5% over the last three months. Dogecoin sees small slip as Bitcoin dominance regains some footing Even though Bitcoin has seen an impressive 44% rally over the last three...

Image generated by CariGold "Should you use one credit card for everything?" Cash back. Airline miles. Points. Travel insurance. Airport lounges. When it comes to credit cards, the rewards and benefits can be extensive, and they can vary significantly between cards. The credit card industry is saturated with options, and keeping track of different cards and rewards programs can be overwhelming. If you value simplicity, using one credit card for everything can make sense. But if your goal is to maximize your rewards, juggling more than one card will help you get the most value from your purchases. Pros of using one credit card for everything Most credit card users have more than one card. According to Experian, one of the three big...

Image generated by CariGold Company Behind MetaMask Trims 7% of Workforce ConsenSys, affiliated to Ethereum and the blockchain software company that operates MetaMask wallet, is laying off 47 employees, which is 7% of its staff, as part of a plan to increase profitability. A company spokesperson confirmed the layoffs and stated that they followed a recent acquisition by the company of a startup with approximately 30 employees, who will remain with the company. As it moves people out, ConsenSys plans to continue hiring in other areas. In early 2023, the company laid off 11% of its employees, citing macroeconomic pressures and regulatory uncertainty. A year earlier, it laid off 20% of headcount. However, conditions have changed in...

Image generated by CariGold The Node: JPM’s BTC Lending Play The Financial Times reports that JPMorgan, the world’s biggest bank, is looking into issuing crypto-backed loans, meaning that its clients may soon be able to pledge bitcoin, ether, or some other token to borrow dollars. The news is notable for a couple of reasons. Crypto folks love pointing out that Jamie Dimon, the bank’s chief executive, famously said in 2017 that he’d fire any employee caught trading bitcoin for being “stupid,” so JPMorgan considering the issuance of such a product (and getting involved with stablecoins) is seen as vindication by some in the industry. More interesting is what JPMorgan’s move could end up meaning for crypto lending. The Bank of Dimon...

Image generated by CariGold Crypto Prediction Market Polymarket Weighs Launching Its Own Stablecoin: Source Polymarket, the cryptocurrency-powered prediction market that recently attained a billion dollar valuation, is deciding whether to introduce its own customized stablecoin, or accept a revenue sharing deal with Circle based on the amount of USDC held on the platform, according to a person familiar with the plans. Polymarket’s motivation to create its own stablecoin is simply to own the yield-generating reserves that back the large amount of Circle’s USDC dollar-pegged token used to make bets on the popular betting platform, the person said. A Polymarket representative said no decision has yet been made on the stablecoin...

Image generated by CariGold Prime Alliance Bank product overview Prime Alliance Bank offers a range of financial products with competitive rates and features. Checking accounts Prime Alliance provides both interest-bearing and non-interest-bearing checking accounts, all without monthly fees or minimum balance requirements. Customers have access to approximately 100,000 MoneyPass® and Allpoint® ATMs. The interest-bearing account features a tiered APY structure, offering rates up to 0.2% APY for balances of $50,000 or more. Personal savings account Offering 4.05% APY on all balances, the personal savings account is ideal for earning interest without the need to maintain a certain balance. It also comes with no monthly fees or minimum...

Image generated by CariGold 175-year-old payment giant has a strong message on stablecoins On July 22, Western Union CEO Devin McGranahan announced that the payment giant, founded in 1851, is expanding its offerings to include stablecoins. Far from looking at digital currencies as a threat, McGranahan said Western Union sees three major benefits: faster cross-border transfers, the ability to convert stablecoins into local fiat, especially in countries with currencies that are harder to reach, and providing stablecoins to users as a store for value in their volatile economy. "We're already innovating," McGranahan said in an interview with Bloomberg. Pointing to conversion efforts taking place in South America and Africa, he said that...

Image generated by CariGold "Once in a Generational Opportunity: Noble CEO Djuric" With the US House of Representatives passing the CLARITY ACT, Noble Co-Founder and CEO Jelena Djuric believes this is a once in a generational opportunity to transform payments. She speaks with Tim Stenovec and Sonali Basak on "Bloomberg Crypto." This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/once-generational-opportunity-noble-ceo-193825468.html

Image generated by CariGold "A Crypto-Incentive Approach for Training Data" Startup Poseidon plans to use crypto to incentivize data collection for training physical AI. S.Y. Lee, CEO and co-founder of Story, and president of Poseidon, speaks about their strategy and future plans to streamline data collection for AI training. This innovative approach involves rewarding participants with cryptocurrency, aiming to create a more scalable and efficient model for data accumulation. By leveraging blockchain technology, Poseidon seeks to ensure data integrity while offering an economic incentive for contributors. This article has been published in bloomberg.com via Yahoo News...

Image generated by CariGold PNC taps Coinbase to create crypto trading offering for bank customers (Reuters) - PNC Bank is working with cryptocurrency exchange Coinbase to offer crypto trading to the bank's customers, the companies said on Tuesday, in a sign that crypto is moving toward becoming increasingly interconnected to mainstream finance. PNC will use Coinbase's institutional "crypto-as-a-service" platform to develop an offering that will allow PNC clients to buy, hold, and sell cryptocurrencies. The Pittsburgh-based financial institution will also offer certain banking services to Coinbase. WHY IT'S IMPORTANT The PNC-Coinbase partnership is a stark shift for the banking sector, which crypto companies at one point had...

Image generated by CariGold Top Analyst Predicts XRP Could Soar 430% in the Near Term XRP, the third-largest cryptocurrency, is among the best-performing digital assets this cycle, as it has soared around 80% over the span of a month. There are several factors behind XRP achieving such extraordinary momentum. There is, of course, the broader crypto market rally tied to the tailwind offered by Bitcoin's historic rally. Then, there are developments tied to Ripple, such as the banking license application and the launch of ProShares XRP futures exchange-traded fund (ETF). As per Kraken, XRP was trading at $3.51 at the time of writing, around 10% lower than its record high of $3.84 that it hit on Jan. 4, 2018. While most market...

Image generated by CariGold TL;DR: The collapse of DeFi liquidity in 2022 exposed more than just a market downturn. Total value locked dropped from $180B to under $40B, and stablecoin supply fell across the board. Yields dried up. Institutional capital didn’t disappear; it pulled back because the risks no longer justified the returns. DeFi wasn’t offering stable, credible income. It was offering volatility wrapped in complexity. At the same time, traditional markets offered clarity. Treasuries paid 4 to 5 percent with far less risk. Institutions didn’t lose interest in blockchain. They just needed something grounded. Something with real value behind it, built to meet compliance needs, and flexible enough to fit into modern...

Image generated by CariGold What Happened? Shares of financial services company Robinhood (NASDAQ:HOOD) fell 3.4% in the morning session after Cathie Wood's ARK Invest disclosed that it sold a portion of its holdings in the company. According to daily trade disclosures, ARK Invest sold 109,824 shares of Robinhood, valued at approximately $11.46 million. The sales were spread across several of ARK's actively managed exchange-traded funds (ETFs). This move is part of a broader portfolio adjustment by the investment management firm, which also trimmed its positions in other crypto-linked stocks like Coinbase and Block. The firm reallocated the capital, making a significant new investment in BitMine Immersion, an Ethereum-focused...

Image generated by CariGold Ether's multi-week climb toward the $4,000 level has faced resistance, with the token falling more than 3% to around $3,696. While bulls remain confident the uptrend is intact, recent price action has exposed some technical fragility — just as institutional buyers continue ramping up accumulation. The latest ETH pullback follows two strong weeks of gains and comes amid growing discussion among analysts about whether the rally can continue without a broader correction. Technical indicators are beginning to flash red. One X-based crypto analytics account, Front Runners, said ETH has now outperformed bitcoin for 14 consecutive days, calling the trend “unsustainable without consolidation.” They also flagged...

Image generated by CariGold Market Overview Bitcoin stalled this week under $120K, despite Strategy spending three-quarters of a billion to buy more BTC. Importantly BTC dominance dipped to 60% as liquidity rotated into altcoins, with Solana leading the charge. The tokens within Solana’s ecosystem carried on last week's momentum to notch more gains. DOWGE (DJ16930) was the highlight of the week as it exploded over 300%, while PARSIQ (PRQ) doubled in value. Although there were notable losses from select tokens, the Solana ecosystem saw its market cap rise 23% to $263 billion. Its trading volume increased by over half week-on-week as interest in altcoins picked up. This is very positive for Solana maxis. Catch up on our weekly...

Image generated by CariGold Strategy vs. Riot Platforms: Which Bitcoin-Focused Stock Has an Edge? Strategy MSTR and Riot Platforms RIOT are two well-known Bitcoin-focused stocks. While Strategy is the world’s largest bitcoin treasury company, holding 607,770 bitcoins as of July 20, 2025, Riot Platforms offers infrastructure to mine Bitcoins. Bitcoin, the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. Bitcoin surpassed $120,000 this month, benefiting from an improving regulatory environment. The passing of the GENIUS Act on July 17 has been a key catalyst for digital assets and cryptocurrencies. The Act provides a legal...

Image generated by CariGold Cathie Wood Sells $100M of Surging Tech Stocks to Buy Shocking Stock Cathie Wood, CEO of Ark Invest, is well-known for her aggressive investments in tech stocks she believes are going to be trendsetters. Crypto stocks like Coinbase (Nasdaq: COIN) and Robinhood (Nasdaq: HOOD) have, in particular, been among her favorite bets. While Coinbase is the largest crypto exchange in the U.S., Robinhood has created buzz with its recent launch of tokenized stocks such as OpenAI, inviting backlash as well. Both the stocks hit their record highs on July 18. However, it seems there is a new favorite in town that even Wood couldn't resist, and she was ready to let go of these old bets for its sake. On July 21, ARK...

Image generated by CariGold Home Depot or FGI Industries: Where Should Investors Place Their Bets? The home improvement market is vast, competitive, and constantly evolving, and in this space, The Home Depot Inc. HD and FGI Industries Ltd. FGI represent two contrasting yet compelling business models. Home Depot is a retail giant with a dominant market share, a robust supply chain, and a stronghold in both DIY and professional segments across North America. Its massive scale, brand equity, and omnichannel reach make it a household name and a clear leader in the industry. In contrast, FGI Industries operates as a specialized manufacturer and distributor, focusing on bath and kitchen products, including vanities, sinks, and storage...

Image generated by CariGold Circle stock downgraded to Sell by Wall Street analyst citing rising competition, valuation concerns Circle (CRCL) stock fell as much as 8% Tuesday after getting hit with a downgrade from Compass Point analysts who said the stock may be overvalued as competition in the space heats up. Compass Point downgraded Circle to Sell from Neutral and lowered the stock's price target to $130 from $216. The development comes on the heels of the Genius Act signed into law by President Trump last week. The legislation, designed to regulate the issuance and oversight of digital tokens backed by assets such as the US dollar and short term Treasury bills, has been a major catalyst for Circle stock. Shares are up more than...