Crypto News

Image generated by CariGold Shiba Inu's burn rate has jumped a staggering 869.74% over the past 24 hours, according to Shibburn data, with nearly 5.89 million SHIB tokens permanently removed from circulation. This surge coincides with a massive uptick in trading activity: SHIB derivatives volume rose 25.34% to $586.29 million, while open interest climbed 13.5% to $287.41 million. The spike in burn activity suggests growing community efforts to reduce SHIB’s circulating supply — now standing at 584.57 trillion tokens, out of a total supply of 589.25 trillion. Since its inception, Shiba Inu has burned over 410 trillion tokens, shrinking its initial 1 quadrillion supply by more than 40%. In crypto, "burning" refers to permanently...

Image generated by CariGold Win for the Crypto Industry: US Passed the First Major Bill to Regulate Digital Assets What the US government dubbed as the "Crypto Week" yielded in the House passing the first federal legislation to regulate stablecoins. As it has been previously approved by the Senate, it comes into effect the moment the president signs it. Two additional crypto-related bills also passed in the House and will now proceed to the Senate. This is a major win for the crypto industry, which poured millions into last year's election, supporting candidates, including Donald Trump, who became a major advocate for cryptocurrency investments. The House had three crypto-related bills to pass this "Crypto Week". However, the bills...

Image generated by CariGold Bitcoin’s (BTCUSD) march to new heights has entered a remarkable phase. Trading above $122,000 on July 14, the cryptocurrency has more than doubled annually, marking an explosive run that has drawn global attention. Indeed, the digital currency’s steep ascent speaks volumes about the current political and financial climate. In what is being called “Crypto Week,” the U.S. House of Representatives is preparing to debate legislation aimed at turning the U.S. into a regulatory haven for crypto innovation. U.S.-listed Bitcoin exchange-traded funds (ETFs) recorded over $2.7 billion in inflows last week alone, one of their strongest stretches since inception in 2024. More News from Barchart While the crypto...

Image generated by CariGold Here's What to Expect From Coinbase Global's Next Earnings Report Valued at a market cap of $104.3 billion, New York-based Coinbase Global, Inc. (COIN) is the largest U.S. cryptocurrency exchange. It provides a platform for trading digital assets, offering services for consumers, institutions, and developers in the global crypto economy. COIN is expected to announce its fiscal Q2 2025 earnings results after the market closes on Thursday, Jul. 31. Ahead of this event, analysts expect Coinbase Global to report an adjusted EPS of $0.82, down 23.4% from $1.07 in the year-ago quarter. However, the company has surpassed Wall Street's earnings estimates in the last four quarters. In Q1 2025, COIN exceeded the...

Image generated by CariGold SEC's Atkins on Crypto Rules, Stablecoins, 401(k) Plans US Securities and Exchange Commission Chairman Paul Atkins says the commission's Crypto Task Force is focused on making "clear rules" for cryptocurrencies following the passage of the first-ever federal legislation for stablecoins. Atkins also discusses the potential for private assets and alternative investments in 401(k) retirement plans and the independence of the SEC. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/secs-atkins-crypto-rules-stablecoins-130938874.html

Image generated by CariGold SEC's Atkins on Crypto Rules, Stablecoins, 401(k) Plans US Securities and Exchange Commission Chairman Paul Atkins says the commission's Crypto Task Force is focused on making "clear rules" for cryptocurrencies following the passage of the first-ever federal legislation for stablecoins. Atkins also discusses the potential for private assets and alternative investments in 401(k) retirement plans and the independence of the SEC. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/secs-atkins-crypto-rules-stablecoins-130938140.html

Image generated by CariGold Space investment soars despite market turbulence After years of being treated as a frontier opportunity, the space economy is now firmly entering the mainstream. The sector just posted one of its hottest quarters since 2021 without a single SpaceX mega-round. It was driven not just by record-breaking capital flows but by a broader recognition that space is a macro-relevant asset class reshaping defense, connectivity, and global intelligence. European governments are spending like it's 1949, and high-profile exits signal a thaw in the IPO market. Private capital surged even as the volatility index hit pandemic-era highs. In Q2 alone, 113 companies raised $7.8 billion, bringing total investment since 2009...

Image generated by CariGold Stablecoin payments firm KUN closes Series A round KUN, a Hong Kong-based company specializing in stablecoin payments, has closed its Series A funding round with oversubscription. The company, which has been operational for 20 months, said it has raised more than $50m since its establishment. BAI Capital and GSR Ventures, existing investors, increased their investments, while a Hong Kong-listed conglomerate and Eternium Global joined the round as investors. KUN reported a 200% month-over-month increase in transaction volume over the past 12 months and offers cross-border payment solutions for enterprise and institutional clients. KUN founder and CEO Louis Liu said: "KUN will leverage the proceeds from...

Image generated by CariGold Ether's Price Rises, Bitcoin Drops as 'Crypto Week' Comes to a Close KEY TAKEAWAYS Ether, the second-largest cryptocurrency after Bitcoin, continued to surge after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy. The price of ether, the native cryptocurrency of the Ethereum network, was recently up almost 6% to over $3,600, its highest level in months. Bitcoin (BTCUSD), which topped $120,000 recently, is now trading at around $118,000. The combined market cap of cryptocurrency was pushing $4 trillion. President Donald Trump, who has previously said he wants to make the U.S. “the crypto capital of the world,” is now expected to sign the...

Image generated by CariGold Given that home prices have consistently been rising, it could lead one to wonder what might happen if housing prices dropped by 10%. Would it have a positive effect on the overall housing market, or would it just make things a little more affordable for a first-time homebuyer? What Would Be the Overall Economic Impact? A 10% drop in real estate prices could have a ripple effect throughout the broader economy because housing is a foundational part of consumer wealth, lending markets, and local government revenue. Consumer Confidence First, ChatGPT highlighted how a significant drop in housing prices could have a significant impact on consumer confidence and spending. Housing is often a person’s largest...

Image generated by CariGold Key Points Fintech is at the exciting crossroads of technology and finance. From the rise of digital wallets and investing to innovations of blockchain-based platforms and AI-driven analytics, the fintech revolution is transforming how individuals and institutions create, manage, and increase their capital. As consumer behaviors and technology evolve, these fintech companies leading the charge have the potential to deliver stellar returns. Here are three stocks with solid growth prospects to consider today. Interactive Brokers Interactive Brokers (NASDAQ: IBKR) offers an electronic trading platform, primarily focused on serving tech-savvy investors. The company offers a variety of products on its...

Image generated by CariGold Ether-linked stocks jump as crypto coin hits 6-month high (Reuters) - Cryptocurrency-related stocks rose in premarket trading on Friday, with shares linked to ether leading the charge after the No. 2 crypto hit a six-month high. Shares of BitMine Immersion Technologies, which holds about $1 billion worth of ether, soared 14%. Other ether holding firms Bit Digital and BTCS added 4% and 12.5%, respectively. Ether climbed to $3,675.81, its highest since January 6, and was last up 5% at $3,601.40, outperforming bitcoin, which eased 0.7% to $118,961 after hitting a record high of $123,153 this week. BitMine, where tech billionaire Peter Thiel is the top investor and Fundstrat's Tom Lee serves as chairman of...

Image generated by CariGold The total market value of cryptoassets surged past $4 trillion for the first time, driven by a rally in altcoins and momentum from a sweeping US legislative push to regulate the sector. Crypto Market Milestone The milestone followed the passage of the first-ever federal legislation for stablecoins, a key accomplishment during what lawmakers have dubbed “Crypto Week.” The bill, backed by Republicans and championed by President Donald Trump, introduces federal or state oversight of dollar-linked stablecoin, aiming to legitimize a $265 billion market that Citigroup Inc. analysts project could grow to $3.7 trillion by 2030. Altcoins — a catch-all term for tokens besides Bitcoin — led the latest leg of the...

Image generated by CariGold Prediction: Bitcoin Creator Satoshi Nakamoto Will Be Worth More Than Warren Buffett by the End of Summer Key Points Move over Warren Buffett, here comes Satoshi Nakamoto, the creator of Bitcoin (CRYPTO: BTC). With Bitcoin recently hitting a new all-time high of $123,000, Nakamoto's Bitcoin holdings are now worth $134 billion. By way of comparison, Buffett's net worth is now estimated at $142 billion, according to Forbes. So all it really takes is Bitcoin hitting a price of $130,000 or so, and Nakamoto will be worth more than Buffett. Given Bitcoin's recent price momentum, Nakamoto could surpass Buffett by the end of summer. That would have important implications for what it means to be a crypto investor...

Image generated by CariGold Dogecoin Open Futures Bets Surge to Record 16B DOGE as Prices Top Downtrend Line Futures tied to dogecoin (DOGE) are hotter than ever as prices for the joke cryptocurrency surge past a bearish trendline. The cumulative open interest in the standard and perpetual futures listed worldwide has risen to a record 16.24 billion DOGE, around $4 billion worth of tokens at current prices, up 48% for the month, according to data source Coinglass. The previous record of 14.31 billion DOGE was hit in January this year. Open interest refers to the number of active or open contracts at a given time. A rise in open interest alongside a rise in price is said to confirm the uptrend. Moreover, DOGE's perpetual funding...

Image generated by CariGold What Is Big Money Betting on? Bitcoin $140K, Ether $4K Calls Lead Open Interest Prices for bitcoin (BTC) and ether (ETH) have risen 29% and 9% this year, and traders are positioning for further upside in the major cryptocurrencies. Data from leading crypto options exchange Deribit showed that traders have placed $2.36 billion in notional open interest in the $140,000 strike call option, making it the most popular bet on the platform. This robust positioning extends to the $120,000 and $130,000 call strikes. In stark contrast, the most popular put option at the $100,000 strike holds only half the open interest of the top call, underscoring the strong bullish sentiment in the market. The ether options...

Image generated by CariGold Saylor says Bitcoin will transform the global financial system So far, Bitcoin hasn't proven to be very useful as a currency because of its high volatility relative to traditional currencies like the U.S. dollar. But a growing number of investors consider it to be a good store of value for various reasons. Saylor, who founded the software-turned-Bitcoin treasury company formerly known as MicroStrategy, believes that "tokenizing" every physical asset in the world onto the blockchain would create transparency and also solve some of the inefficiencies in the current financial system. For instance, buying real estate comes with high legal fees because most properties have an opaque history that requires...

Image generated by CariGold Which Cryptocurrency Will Double Faster? XRP vs. Dogecoin Crypto investors face a choice today between chasing fickle investor sentiment that leads to a surge in Dogecoin (CRYPTO: DOGE) or the steady progress of building real use cases for XRP (CRYPTO: XRP). So which of these two is more likely to double its price and actually stay there? Dogecoin might pop first, but can it maintain altitude? At $0.21 per coin and a $31.4 billion market cap as of July 16, a doubling for Dogecoin demands only a move to $0.42, giving it a market cap of about $60 billion. That is a modest absolute change for a token that once sprinted to $0.72 in 2021. The meme coin's twin fuels are global liquidity and social media buzz...

Image generated by CariGold Ethereum's Biggest Wall Street Bull Ups Stock Sale to $6B to Power ETH Treasury SharpLink Gaming (NASDAQ: SBET), the largest corporate holder of ether (ETH), is raising its equity sale target from $1 billion to $6 billion, expanding its strategy of buying ETH for treasury reserves. In an updated filing with the U.S. Securities and Exchange Commission (SEC) on Thursday, the Minnesota-based affiliate marketing firm disclosed a prospectus supplement that increases the amount of common stock eligible for sale by $5 billion, on top of the $1 billion previously filed on May 30. “We are increasing the total amount of Common Stock that may be sold under the Sales Agreement to $6 billion,” the filing read, noting...

Image generated by CariGold Legislation to Boost Cryptocurrency Industry The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations. This move aligns with President Donald Trump's initiative to make the U.S. the “crypto capital of the world.” This article has been published in AP News via Yahoo News. https://finance.yahoo.com/news/ap-top-extended-financial-headlines-040000394.html