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Tether CEO Says He'll Comply With GENIUS to Come to U.S., Circle Says It's Set Now
Image generated by CariGold Tether CEO Says He'll Comply With GENIUS to Come to U.S., Circle Says It's Set Now In the minutes after President Donald Trump signed a bill that joins the crypto world's stablecoins to the U.S. financial system, two of the chief stablecoin architects made the case in the Washington summer heat outside the White House that their companies are ready to embrace the new law. Before he'd signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law after it swept through both chambers of Congress with major bipartisan votes, Trump basked in cheers and thanked several industry leaders in the East Room audience, including Tether CEO Paulo Ardoino, Circle CEO Jeremy Allaire...
Why Dogecoin Is Skyrocketing Today
Image generated by CariGold Key Points Dogecoin (CRYPTO: DOGE) is surging in Friday's trading. The meme coin token's price was up 8% over the previous 24 hours of trading as of 6:40 p.m. ET. At the same point in the day's trading, Bitcoin was down roughly 1.9%, and Ethereum was up approximately 2.5%. The U.S. House of Representatives voted to approve the Genius Act on Thursday, and the passage of the cryptocurrency bill helped spur big gains for Dogecoin and other crypto tokens. Despite some recent valuation gains, the cryptocurrency token's price is still down roughly 30% year to date. Dogecoin is surging amid legislative wins Crypto tokens got a bullish catalyst after the House of Representatives voted to approve the first bill...
Legendary analyst says Elon Musk’s favorite coin could jump 80%
Image generated by CariGold Dogecoin, the meme coin once adored by Elon Musk, has jumped more than 10% over the last seven days, riding the crypto market rally as Bitcoin hit a record high of $123,091.61 early this week. A meme coin is a type of cryptocurrency that parodies a mainstream cryptocurrency. It is called so because it gives a nod to viral memes or trends. Ali Martinez, a prominent crypto analyst known as @ali_charts on X, shared a price analysis chart and showed the meme coin seeming to form a "double bottom" pattern. A double bottom is a bullish reversal pattern that forms after a downtrend on a price chart, marked by two similar lows and a breakout above the middle peak. It signals that selling is exhausted and a trend...
Major Win for the Crypto Market
Image generated by CariGold Major Win for the Crypto Market Crypto-linked stocks receive a significant boost following Congress's passage of the Stablecoin Bill. Bo Hines, the President's Council of Advisers for Digital Assets Executive Director, noted this regulatory achievement as a potential catalyst for the US to establish itself as the world's crypto capital. This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/major-win-crypto-market-224617221.html
Peter Thiel-Backed Crypto Exchange Bullish Files for IPO
Image generated by CariGold Bullish Files for IPO Bullish, a digital-asset exchange operator whose backers have included billionaire Peter Thiel, filed for an initial public offering in the latest push onto public markets by cryptocurrency companies. The company, based in the Cayman Islands, had a net loss of about $349 million on digital-asset sales of $80 million in the first quarter, compared with net income of $105 million on roughly the same sales a year earlier, according to its filing Friday with the US Securities and Exchange Commission. The filing sees Bullish joining a growing number of crypto companies pursuing public listings this year, either through conventional IPOs, merging with blank-check vehicles or reverse...
Warren Buffett’s Berkshire Hathaway Earns $93,150 Every Hour from Coca-Cola Dividends Alone
Image generated by CariGold Warren Buffett, the legendary investor who currently serves as chairman and CEO of Berkshire Hathaway, has built a fortune on bold, long-term bets. Among his most iconic and profitable investments is his decades-long ownership of Coca-Cola stock. The quarterly dividend checks flowing from this one holding have become the stuff of financial legend. But just how much does Buffett’s Berkshire Hathaway make from Coca-Cola dividends every single hour? The Numbers: Over $93,000 Every Hour Currently, Berkshire Hathaway owns 400 million shares of The Coca-Cola Company. According to their latest numbers, Coca-Cola is paying an annual dividend of $2.04 per share, paid out on a quarterly basis. That means Coca-Cola...
Dave Ramsey has blunt words for couple losing money on XRP
Image generated by CariGold A woman named Ana from San Francisco called into The Ramsey Show with a devastating confession — after paying off $80,000 in debt with her husband, she found out he secretly borrowed $200,000 to invest in cryptocurrencies like XRP and “Trump coins.” And then, he lost it all. Ana began by explaining how they’d been following Dave Ramsey’s debt-free plan since 2022 and had successfully paid off $80,000 by May 2024, with just their home mortgage left. “It was wonderful,” she said. But things took a dark turn. Her husband started exploring cryptocurrency investments, initially making small profits. Then, without her knowledge, he took out massive loans totaling nearly $200,000 and dumped it into crypto...
Trump signs GENIUS Act into law
Image generated by CariGold President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law amid much fanfare on July 18. Passed by the Senate on June 17 and the House on July 17, it is the first major crypto-related legislation to become a law in the U.S. The landmark legislation aims to regulate stablecoins — a cryptocurrency segment that attempts to stabilize its value, unlike traditionally volatile cryptocurrencies such as Bitcoin, by being pegged to a traditional currency like the U.S. dollar or a commodity like gold. The GENIUS Act mandates strict stablecoin reserve, transparency, and oversight requirements within a federal framework. Trump thanked the bill's sponsor...
Crypto exchange Bullish's US IPO filing reveals quarterly loss
Image generated by CariGold Cryptocurrency exchange Bullish on Friday disclosed a quarterly loss compared to a year-ago profit in its paperwork for a U.S. initial public offering, amid rising investor interest in the sector. Bullish joins crypto exchange Gemini and crypto-focused asset manager Grayscale — both of which have confidentially filed for potential U.S. listings. Uncertainty surrounding President Donald Trump's tariff policies had slowed down the IPO market, but sentiment has recently shifted. Stablecoin giant Circle Internet's blockbuster debut highlights pent-up demand and renewed vigor in the capital markets. Bullish, in its filing with the U.S. securities regulator, reported a net loss attributable of $348.6 million...
Crypto market soars past $4 trillion and Coinbase notches record—but traditional stocks flatline
Image generated by CariGold Crypto briefly soared while the broader markets stagnated Friday after Congress passed a landmark bill for digital assets. The total market capitalization for all cryptocurrencies pushed past $4 trillion for the first time in history before dipping later in the day. But traditional stock indices barely budged. The S&P 500 closed the day essentially flat but posted a weekly rise of almost 0.7%. The Nasdaq was up about 0.4% on the day, and the Dow Jones dropped 0.3%. Crypto Legislation Advances On Thursday, the House passed three pieces of crypto legislation. Two bills went to the Senate for a further vote. The third, which regulates stablecoins, or cryptocurrencies pegged to underlying assets like the...
Should You Use Crypto To Purchase a Home? 4 Methods and Their Risks
Image generated by CariGold If you’re a fan of crypto, perhaps you’ve been thinking about the various ways to incorporate it into your financial life. Perhaps you’ve seen headlines claiming crypto mortgages are on the rise as the new way to buy some homes. However, before you set out to grab your next house with crypto, there are some precautions to keep in mind. Here’s what financial experts told GOBankingRates about certain methods and their risks when using crypto to purchase a home. Convert-To-Cash Method Andrew Lokenauth, a money expert from Be Fluent in Finance, said the most straightforward method he’s used with clients is converting crypto to cash first. “I just helped a client last March sell $600,000 in bitcoin for their...
Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy
Image generated by CariGold Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy WASHINGTON, D.C. — President Donald Trump fulfilled part of his vow to establish U.S. crypto regulations on Friday, signing legislation into law that formally established rules for stablecoin issuers — marking a first step that the digital assets industry hopes will end with the more important regulatory regime governing the wider crypto markets. Before a crowd of crypto executives in the East Room of the White House, a jubilant Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which registered a massive 308-122 bipartisan vote in the House of Representatives on Thursday and...
Crypto sector breaches $4 trillion in market value during pivotal week
Image generated by CariGold Crypto sector breaches $4 trillion in market value during pivotal week The crypto sector's market value hit $4 trillion on Friday, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape. A wave of renewed optimism, regulatory clarity in key markets, and rising institutional flows have catapulted the crypto sector to a new valuation peak. The U.S. House of Representatives passed a bill on Thursday to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens, known as stablecoins, sending the bill to President Donald Trump, who is expected to sign it into law. "The arrival of the Trump legislation signaled an about-turn...
Trump signs stablecoin bill into law, capping string of 'Crypto Week' victories
Image generated by CariGold Trump signs stablecoin bill into law, capping string of 'Crypto Week' victories President Trump on Friday signed into law a bill that establishes the first federal framework for dollar-backed stablecoins, one of the biggest victories yet for a crypto industry that has pushed for more favorable oversight in Washington, D.C. "I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world, and that's what we've done," said Trump during a signing ceremony for the GENIUS Act at the White House. Two other crypto bills, the CBDC Anti-Surveillance State Act and the CLARITY Act, were also wins for the crypto industry. They prohibit the creation of...
Dear Meta Platforms Stock Fans, Mark Your Calendars for July 30
Image generated by CariGold Meta Platforms (META) stock is up nearly 60% from its 52-week low, outpacing tech-giant peers and repeatedly hitting new highs. Both investors and analysts are closely tracking Meta’s direction, especially with second-quarter 2025 earnings due after the bell on July 30. With anticipation building, will Meta’s latest earnings confirm its lead, or could its results send shares stumbling? Let’s take a closer look. Decoding Meta’s Numbers Meta Platforms (META) sits at the center of the social media industry, connecting billions of users through Facebook, Instagram, WhatsApp, and Threads while building its advertising business, new products, and now increasingly, artificial intelligence. Over the past year...
Coinbase, Robinhood stocks hit all-time highs as Trump set to sign key legislation
Image generated by CariGold The Coinbase (Nasdaq: COIN) stock hit an all-time high (ATH) of $444.64 within a few minutes of the market opening hours on July 18. The stock has been hitting record highs of late, thanks to the progress on key crypto bills in the U.S. Congress. The House of Representatives passed the GENIUS, CLARITY, and Anti-CBDC Acts the previous day, and President Donald Trump is expected to sign the GENIUS Act, which deals with stablecoin regulation, this afternoon. Coinbase, the largest crypto exchange in the U.S., went public in April 2021 after its launch in June 2012. The stock joined the much-coveted S&P 500 list this May, cementing its status as a dominant crypto player that is ready to challenge the hegemony...
'Magic City’ Miami quietly charming its way to becoming America's next financial hub
Image generated by CariGold ‘Magic City’ Miami quietly charming its way to becoming America's next financial hub Miami, Florida's iconic coastal city known for a vibrant skyline and an even more vibrant nightlife, is making a quiet resurgence as a major cryptocurrency hub in the U.S. The city was quick to embrace the crypto economy, with Mayor Francis Xavier Suarez accepting his paychecks in only crypto and declaring Miami the "crypto capital of the world" in 2021. However, the bankruptcy of the Miami-headquartered FTX crypto exchange in November 2022 hurt the reputation of the crypto industry in the city. But Miami is quietly making a comeback to re-emerge as one of the leading crypto hubs in the U.S. Miami's real estate industry...
GSR Leads $100M Private Placement into Nasdaq-listed MEI Pharma to Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee
Image generated by CariGold GSR Leads $100M Private Placement into Nasdaq-listed MEI Pharma to Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee NEW YORK, United States, July 18th, 2025, Chainwire GSR, crypto's capital markets partner, today announced an investment and strategic partnership with MEI Pharma, Inc. (NASDAQ:MEIP) (“MEI”), in which it will serve as both strategic advisor and digital asset treasury manager. The $100 million private investment in public equity (PIPE) into MEI represents a significant step toward institutionalizing Litecoin as a treasury asset. GSR will work closely with Litecoin (LTC) creator Charlie Lee, who brings deep technical credibility and a long-term perspective on...
Why Coinbase (COIN) Stock Is Trading Up Today
Image generated by CariGold What Happened? Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.8% in the afternoon session after the broader cryptocurrency market rallied as the U.S. House of Representatives passed three crypto-related bills, including the GENIUS Act, which aims to create a regulatory framework for stablecoins. This legislative momentum in Washington was seen as a significant step toward providing much-needed legal clarity for the digital asset industry. The positive sentiment lifted the entire crypto sector, with the total market capitalization surging toward $4 trillion. Major cryptocurrencies like Bitcoin and Ether also saw significant price increases. For Coinbase, the largest U.S.-based...
Why Robinhood (HOOD) Stock Is Up Today
Image generated by CariGold Why Robinhood (HOOD) Stock Is Up Today What Happened? Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 4.3% in the afternoon session after the House passed the GENIUS Act, a bill aimed at providing regulatory guidelines for the cryptocurrency market. The stock's rise was part of a broader rally among crypto-linked equities following the legislative news. For Robinhood, which has significant exposure to cryptocurrency trading on its platform, the passage of the bill was seen as a positive development that could reduce regulatory uncertainty and encourage wider adoption of digital assets. The company's shares gained alongside other major players in the crypto space, as investors reacted...
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