Crypto News

Image generated by CariGold TON Launches Tolk, New Smart Contract Language With Lower Costs and Faster Development The TON Foundation has released a new smart contract programming language called Tolk, aiming to simplify development on The Open Network blockchain while cutting costs for builders. Announced Thursday, Tolk replaces the older FunC language as TON’s new development standard and was designed specifically for the network’s asynchronous actor model. The foundation says Tolk will make smart contract development more accessible for newcomers and more efficient for experienced teams deploying high-throughput applications. Tolk introduces a cleaner syntax and modern structure, while preserving the low-level control and...

Image generated by CariGold Shares of Jack Dorsey’s Block Jump 8.5% on S&P 500 Inclusion Payments firm Block (XYZ) will be added to the S&P 500 index on July 23, replacing Hess Corp following the oil company’s acquisition by Chevron. The news sent Block’s shares soaring 8.5% in after-hours trading, after closing Friday’s session up 2.95%. Inclusion in the index means Block shares will appear in portfolios run by mutual funds and institutional managers following the S&P 500, the stock market’s benchmark index. Earlier this year, Coinbase (COIN) became the first cryptocurrency firm to join the index, and at the time, its shares saw a similar jump. Earlier this week, COIN hit a new all-time high around $445 before correcting. Block...

Image generated by CariGold Dave Portnoy sold XRP too soon, now he wants to cry Dave Portnoy, founder of the sports and pop culture company Barstool Sports, has a confession that he says is making him want to cry. On July 17, Portnoy posted a video on X in which he admitted to losing millions by exiting XRP two weeks earlier. He said he sold his XRP when it was trading at a price of $2.40 on the advice of the individual who had recommended him the coin that Ripple, the crypto company whose founders launched XRP, would now face competition from the stablecoin issuer Circle Internet Group. XRP's price has surged 60% since he sold it, Portnoy said and added: Notably, both Ripple and Circle applied for national banking licenses with...

Image generated by CariGold TAO Synergies Becomes Largest Public Holder of Bittensor Token With $10M Purchase TAO Synergies (TAOX), formerly a biotech firm Synaptogenix, said it purchased $10 million worth of Bittensor’s TAO token, becoming the largest publicly traded holder of the cryptocurrency. The New York-based company has acquired 29,899 TAO tokens at an average price of $334 each, according to a press release. It plans to stake the tokens within the Bittensor network, which rewards participants for contributing to the development of AI models. The company’s bet on TAO, rather than on other cryptocurrencies more popular for corporate treasuries, rests on its “expected continued growth and expansion of decentralized AI,”...

Image generated by CariGold Stable Tokens The narrative On Friday, U.S. President Donald Trump signed a crypto bill into law. This is the first time a major cryptocurrency bill has become law, and it likely is not the last. Why It Matters For the first time, a major cryptocurrency bill has become law in the U.S. The GENIUS Act, which sets out to create a regulatory framework governing stablecoins, or cryptocurrencies pegged to another asset like the U.S. dollar, kickstarts a process that will see the Federal Reserve, Office of the Comptroller of the Currency and other regulators become far more involved in the crypto sector. Breaking It Down There was a bit of a false start. The House Rules Committee met Monday evening to debate...

Image generated by CariGold In the U.S., it’s more common than not to carry a boatload of debt. As of the third quarter of 2024, Americans owed $17.57 trillion in total debt — up 2.4% year over year, according to Experian data. Even spread over hundreds of millions of people, it’s a lot of debt: $58,215.12 for the average household, according to a new study by QuickLoan Pte Ltd. But the U.S. isn’t the only country with a serious debt issue among its citizens. The study analyzed household debt data across multiple countries to find which nations live most on credit and where debt-to-income ratios pose the greatest financial risks. The U.S. came in 10th, based on loan-to-income ratio, as it has a loan-to-income ratio of 112.21%. Below...

U.S.-listed spot exchange-traded funds tracking ether (ETH) posted record inflows and trading activity over this past week, as investors seized on momentum from advancing crypto legislation backed by President Donald Trump. Over the week, the nine spot ether ETFs trading in the country saw $2.18 billion of net inflows, their largest figure since launching a year ago. July 16 saw $726.74 million, the largest daily net inflow for these funds, SoSoValue data shows. Open interest in ether futures on CME also reached a new high, suggesting a growing institutional appetite for the second-largest cryptocurrency. The surge came as the GENIUS Act was signed into law last week. It tightens rules for yield-bearing stablecoins, and to some...

Image generated by CariGold Key Points Cryptocurrencies might seem like good investments for speculative investors since many of the top tokens delivered market-crushing gains over the past decade. Yet past performance never guarantees future gains -- and a lot of cryptocurrencies still trade on the headlines instead of their scarcity or the utility of their underlying blockchains. Instead of loading up your portfolio with risky cryptocurrencies, it might be smarter to invest in some high-growth tech stocks. Here's a look at three of those stocks -- Snap (NYSE: SNAP), Lemonade (NYSE: LMND), and Aehr Test Systems (NASDAQ: AEHR) -- to see why they might be better buys than any cryptocurrency. Snap Snap, the parent company of...

Image generated by CariGold Charles Schwab CEO Says Crypto Trading Is Coming Soon, Will Compete With Coinbase for Retail Charles Schwab Corp. (SCHW) is preparing to launch trading for bitcoin (BTC) and ether (ETH) as it aims to become a dominant player in digital asset custody for U.S. retail investors, according to CEO Rick Wurster. Speaking Friday on CNBC’s "Money Movers", Wurster said Schwab clients already have significant crypto exposure through exchange-traded products — accounting for more than 20% of the industry's holdings in that segment — but many have expressed interest in keeping their actual tokens with Schwab, rather than at crypto-native platforms. Crypto still represents a small slice of Schwab’s business, Wurster...

Image generated by CariGold Vanguard Is Now the Top Investor in MicroStrategy Stock. Should You Buy MSTR Too? In a surprising turn of events, Vanguard has emerged as the largest institutional shareholder of MicroStrategy (MSTR), holding 20.5 million shares worth approximately $9.26 billion, representing 8.55% ownership of the company. This development marks a shift for the world’s second-largest asset manager, which previously dismissed Bitcoin (BTCUSD) as “an immature asset class.” The investment positions Vanguard as the top holder in MicroStrategy, the world’s largest publicly listed corporate Bitcoin holder, with 601,550 Bitcoin valued at $74 billion. Vanguard has previously criticized Bitcoin, with executives calling the...

Image generated by CariGold Gold has long been considered a safe investment, particularly during economic uncertainty, due to its ability to maintain inherent value even when stocks falter. Despite its reputation for stability, gold's price has dropped recently, causing concern among investors. In April 2025, gold was priced at $3,400 per ounce, but by May, it fell to $3,238.88, a 6% devaluation. Don’t Panic A 6% drop is not a crash and shouldn't incite panic. Historically, such dips often precede a rise in gold prices. Avoid making impulsive decisions about your gold investments, as its value may soon rebound. Remember the Long-Term Value of Gold Gold may not consistently produce income, but it is a reliable income protector. Its...

Image generated by CariGold The price of bitcoin has followed a similar pattern as the stock markets so far this year, hitting a 2025 low in early April and then rising to a new high a month-and-a-half later. As with stocks, bitcoin has been heavily influenced by President Donald Trump’s tariff plans and their potential impact on the global economy — so much so that some experts have questioned whether bitcoin is a winning bet during periods of uncertainty. But financial author Robert Kiyosaki isn’t among those experts. In fact, in an X post earlier this year, Kiyosaki referred to bitcoin as “the biggest opportunity in history,” adding that the cryptocurrency has made it “easy for everyone to become rich.” Can Bitcoin Reach...

Image generated by CariGold As DraftKings Weighs Entry into Prediction Markets, How Should You Play DKNG Stock? DraftKings (DKNG) is reportedly in talks to acquire Railbird, a federally regulated prediction market platform. This development signals the sports betting giant’s expansion into a rapidly growing industry. Prediction markets have been gaining traction following the recent election cycle. Railbird, founded in 2021 by former Point72 analysts Miles Saffran and Edward Tian, received CFTC approval as a designated contract market in June, making it one of the few regulated prediction markets in the United States. The platform allows users to trade contracts on real-world events, including economic indicators, policy decisions...

Image generated by CariGold Key Points All lights appear to be flashing green for the crypto market right now. Bitcoin (CRYPTO: BTC) just hit a new all-time high of more than $123,000. New crypto legislation is making its way through Congress. And many are talking about "Stablecoin Summer." In short, the stage could be set for a big year-end rally in the crypto market. Here are three cryptocurrencies that have the potential to soar during the next five months. Bitcoin Of course, the obvious pick is Bitcoin. Historically, Bitcoin has always led the market higher. So if you think that the crypto market is headed higher, then you need to think about buying Bitcoin, which accounts for a whopping 62% of the total value of the crypto...

Image generated by CariGold Big companies could soon launch their own stablecoins. Here's what it means for consumers. The landmark crypto bill that just passed in Congress paves the way for more businesses to issue their own stablecoins. This corner of the crypto market has received a lot of attention as the GENIUS Act moved toward becoming law, with crypto proponents cheering the huge show of legislative support. These digital assets are a type of cryptocurrency pegged to fiat money like the US dollar. Right now, they're mostly used by crypto traders to easily buy other tokens. However, stablecoins used for payments would be a monumental shift in the foundations of commerce. In June, The Wall Street Journal reported that Walmart...

Image generated by CariGold Robinhood Stock Telling the Story of Market's March to Record Highs The stock market keeps hitting new highs as investor euphoria is once again front and center. And there's perhaps no better stock that tells the story of what's been working during the latest leg of the bull market than Robinhood (HOOD). The trading exchange's stock closed at an all-time high just shy of $110 on Friday. The stock is up more than 380% over the past year and over 175% in 2025 alone. Two key emerging market narratives over the past week have fed the bull case for Robinhood. Quarterly results from big banks showed how a volatile second quarter for stocks amid President Trump's tariff whipsaw benefited the equity trading...

Image generated by CariGold 7 Rare Coins Just Sold for a Fortune — Why Their Value Could Keep Climbing We’ve seen some remarkable sales prices in rare coins in recent months. Here’s just a sampling of those. The prices are listed from lowest to highest. These have all sold in the last month, and we expect to see even more outrageous sales on rare coins like these. Hunan. Republic Dollar Year 11 (1922) MS65+ PCGS This coin was minted in the 11th year of the Republic of China in Hunan Province. It is a silver dollar that commemorates the promulgation of the Hunan Provincial Constitution. Today, it’s commonly referred to as the Hunan Provincial Constitution Dollar. The front of the coin reflects the crossed flags with the flower above...

Image generated by CariGold Which Cryptocurrency Is More Likely to Be a Millionaire Maker? Bitcoin vs. Ethereum Despite being the two largest cryptocurrencies in the world, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have been on very different paths this year. Bitcoin is up more than 26% as of July 17, while Ethereum is up less than 2%. Bitcoin is considered a bellwether for the industry, but this year has really diverged. This leaves investors with a difficult proposition when picking between the two: buy the asset that just went on a strong run and hit all-time highs, or the one that has underperformed and could close the gap as a value play? Which cryptocurrency is more likely to be a millionaire maker, Bitcoin or Ethereum...

Image generated by CariGold XRP Cools After ATH Surge, But Accumulation Zones Signal More Upside XRP surged to a fresh all-time high near $3.61 on the back of major U.S. crypto legislation advances and institutional ETF filings, before sliding into a volatile correction that tested bulls’ conviction. The token shed 7.5% intraday but clawed back losses to close the session near $3.45 — suggesting consolidation rather than a full reversal. What to Know - XRP hit a record high of $3.61 before falling to $3.34 — then rebounded to close at $3.45, down 4.4% from session open. - Massive 308 million volume spike at $3.34 hints at institutional accumulation zone. - Traders now eye $3.47-$3.48 as short-term resistance as bulls attempt to...

Image generated by CariGold If You Bought 1 Share of Coca-Cola at Its IPO, Here's How Many Shares You'd Own Now Wall Street typically has at least one next-big-thing trend to captivate the attention and wallets of investors. Stock-split euphoria certainly fits the bill. A stock split provides a way for public companies to alter their share price and outstanding share count while having no impact on their market cap or operating performance. Forward splits, which are designed to make a company's shares more affordable for retail investors, are especially popular. One brand-name company that's made stock splits part of its corporate culture for nearly a century is consumer staples giant Coca-Cola (NYSE: KO). Coca-Cola's stock-split...