Crypto News

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

Image generated by CariGold Bitcoin bubble? How much more is it expected to rise in 2025? The price of Bitcoin (BTC) is expected to reach a high of $162,353 this year (€139,148), before it settles at around $145,167 (€124,418). That’s according to UK fintech firm Finder’s latest survey, collecting price predictions from 24 crypto industry specialists. Within responses, high and low estimates range widely, and the most optimistic predictions expect a peak price of $250,000 this year. The average lowest price prediction sits at $87,618, with some predicting that Bitcoin will fall as low as $70,000. The cryptocurrency has recently reached $120,000 from just below $100,000 at the end of last year. “There are a number of factors...

Image generated by CariGold Bad Location If you choose a location to invest in that doesn’t have a high livability score (for example, it has poor schools or a high crime rate), the property could be harder to rent out or sell down the road. “This will slow down your cash flow and delay any returns on your investment,” Breeden said. Over-Leveraging Financing If you need to take a loan out to buy a rental property, make sure you can take it on without sinking into debt. “Borrowing too much money to finance your property can backfire if interest rates rise or property values drop,” Breeden said. “This can increase your monthly payments, making it hard to avoid foreclosure.” Ignoring Market Trends The housing market fluctuates and...

Image generated by CariGold Key Takeaways Lucid Group (LCID) shares surged Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies (UBER) to bring a new group of robotaxis to Uber's platform. The deal will see at least 20,000 self-driving Lucid vehicles enhanced with Nuro’s autonomous driving software added to Uber’s network over the next six years in exchange for Uber investing hundreds of millions of dollars in both companies. Following the partnership announcement, analysts cautioned that the companies may face challenges scaling as fast as Uber wants, pointing out that Tesla and Google parent Alphabet's (GOOGL) autonomous vehicle company Waymo have scale and...

Image generated by CariGold Asia Morning Briefing: The Altcoin Season Ramps Up as BTC Rotation Begins 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. As Asia begins its business day, bitcoin (BTC) is trading above $120,500, up 1.7% in the last day, while ETH continues its rally, up 3%, and is looking to test $3500. Market maker Enflux says the rally may be setting the stage for a broader rotation into high-beta altcoins, with BTC dominance slipping, and ETH strength historically a precursor to such moves. “Funding and positioning in BTC are beginning to look extended,” the firm wrote, adding...

Image generated by CariGold As the House of Representatives passed the GENIUS Act on July 17, Ripple CEO Brad Garlinghouse compared the historic moment to the passing of "the last major financial regulation bill" in response to the 2008 global financial crisis 15 years ago. Garlinghouse was, of course, alluding to the Dodd-Frank Wall Street Reform and Consumer Protection Act that was passed in 2010 to address the havoc caused by the 2008 financial crisis. The GENIUS Act and Its Implications The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, on the other hand, aims to regulate stablecoins. A stablecoin is a type of cryptocurrency that is pegged to a traditional currency like the U.S. dollar or a...

Image generated by CariGold Robinhood Markets (HOOD) has been soaring to new highs this year and has quietly become one of the market’s standout performers in 2025. The popular trading platform’s rally has been driven by a perfect storm of crypto resurgence, expanding financial products, and new crypto programs. In fact, its latest move of offering tokenized versions of over 200 U.S. securities to European users — including exchange-traded funds (ETFs) and even high-profile private firms like SpaceX — has drawn particular attention. This marks the first time Robinhood has opened the door to tokenized private companies, made possible by the European Union’s more flexible investor regulations. As Robinhood's product suite expands, so...

Image generated by CariGold Crypto markets remain flat even as House clears all three major crypto bills In a week of landmark legislative wins for the crypto industry, the U.S. House of Representatives has now passed all three key bills — the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. But despite what many in the industry have called a historic breakthrough, markets are barely reacting. Bitcoin is trading at $118,849, down 0.89% over the past 24 hours, while Ethereum is hovering at $3,389, down 0.27%. Even altcoins have remained mostly muted — with one exception, XRP, which is up over 8% on the day, continuing its bullish run this week. The CLARITY Act and the Anti-CBDC Surveillance State Act The...

Image generated by CariGold The House of Representatives passed the GENIUS Act, which deals with stablecoin regulation, in a 308-122 vote on July 17. Among those who voted in favor of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act are 206 Republican and 102 Democrat House members. It has already passed the Senate and will now move forward to President Donald Trump's desk to be signed into law. For the uninitiated, a stablecoin is a type of cryptocurrency that is created to maintain a stable value, unlike traditionally volatile cryptocurrencies such as Bitcoin. It is usually pegged to a traditional currency like the U.S. dollar or a commodity like gold. The stablecoin industry is nearly a $260...

Image generated by CariGold House passes CLARITY Act in major win for crypto regulation The U.S. House of Representatives has officially passed the Digital Asset Market Structure Clarity Act — a landmark bill that aims to settle the long-standing confusion around how cryptocurrencies should be classified in the U.S. financial system. The legislation formally splits regulatory oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) — classifying digital assets as either securities or “digital commodities.” Under the new structure, the SEC will oversee tokens that meet securities criteria, while digital commodities will fall under the CFTC’s jurisdiction. The bill also...

Image generated by CariGold The House of Representatives has officially passed the CBDC Anti-Surveillance State Act, a sweeping bill designed to block the Federal Reserve from issuing or testing a central bank digital currency (CBDC) without explicit congressional approval. The move signals strong Republican resistance to what they view as a potential tool for state surveillance. A CBDC is a digital form of a country’s national currency, issued and backed directly by its central bank. Unlike cryptocurrencies, CBDCs are centralized and controlled by the government. They are designed to function like cash but in digital form — with potential for programmability, surveillance, and tighter monetary control. The House of Representatives...

Image generated by CariGold Incredible Innovation: Lavorgna on Stablecoin Passing Joseph Lavorgna, Counselor to Treasury Secretary Scott Bessent, shares his thoughts on the House passing the Stablecoin Bill and whether or not traditional financial institutions should worry about competition from cryptocurrency. He also discusses the Federal Reserve, President Trump, and where interest rates should be. Lavorgna speaks with Kailey Leinz and Tyler Kendall on the late edition of Bloomberg's "Balance of Power." This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/incredible-innovation-lavorgna-stablecoin-passing-214427576.html

Image generated by CariGold The Donald Trump administration is considering a de minimis tax exemption for Bitcoin and crypto transactions, the White House press secretary, Karoline Leavitt, confirmed on July 17. A reporter asked the secretary if the president was considering a $600 de minimis tax exemption for Bitcoin and other crypto spending that he once talked about. Leavitt confirmed that Trump had indeed signaled support for crypto tax exemption, and the administration still supports it. She added: Though it's not possible right now, the de minimis exemption could make it possible in the future, and the Trump administration will continue to explore legislative solutions to accomplish that, Leavitt continued. House passes key...

Image generated by CariGold House Passes 'Crypto Week' Bills, Sending GENIUS Act to Trump’s Desk The House of Representatives voted Thursday to pass a trio of cryptocurrency bills pushed for by President Donald Trump. The GENIUS Act, which establishes a framework for private companies to issue stablecoins, now heads for Trump’s desk, having passed in the Senate last month. He is expected to sign the act into law. The House also passed the CLARITY Act, which would establish a framework for cryptocurrency regulation, and the Anti-CBDC Surveillance State Act, which would prevent the Federal Reserve from issuing a central bank digital currency. Both will require Senate approval before they can move to Trump's desk. Ji Hun Kim, CEO of...

Image generated by CariGold House Passes Crypto Market Structure Bill Congress passed the first federal legislation to regulate stablecoins, which imposes federal or state oversight on dollar-linked tokens. This article has been published in Yahoo News via yahoo.com. https://finance.yahoo.com/video/house-passes-crypto-market-structure-202543527.html

Image generated by CariGold House Passes Crypto Market Structure Bill Congress passed the first federal legislation to regulate stablecoins, which imposes federal or state oversight on dollar-linked tokens. This article has been published in Bloomberg via Yahoo News. https://finance.yahoo.com/video/house-passes-crypto-market-structure-202543639.html

Image generated by CariGold US House Sends "Genius Act" Stablecoin Bill to Trump to Sign The U.S. House of Representatives passed a bill 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 vote marks a significant moment for the digital asset industry, which has been advocating for federal legislation for years. The industry has invested in elections to promote pro-crypto candidates. Shares of crypto-related companies rose after the passage of the bill, dubbed the Genius Act, which would expand the Commodity Futures Trading Commission's oversight of the industry. Bitcoin, the largest cryptocurrency...

Image generated by CariGold House sends stablecoin bill to Trump's desk, capping string of 'crypto week' victories The House passed bills that establish the first federal framework for dollar-backed stablecoins and outline how other digital assets will be regulated, major victories for an industry that has pushed for more favorable oversight in Washington, D.C. The stablecoin legislation known as the GENIUS Act will go directly to the desk of President Trump, who pushed for that law as part of his wider aim to help make the US "the crypto capital of the planet." It passed 308-122. Two other bills passed by the House known as the CBDC Anti-Surveillance State Act and CLARITY Act will now go to the Senate, where their ultimate fates...

Image generated by CariGold US House Passes Crypto Industry-Backed Market Structure Bill The U.S. House of Representatives passed a bill on Thursday that would develop a regulatory framework for cryptocurrencies and expand the Commodity Futures Trading Commission's oversight of the industry. The move is a major win for the digital asset industry, which has pushed for federal legislation for years and spent heavily in last year's elections to promote pro-crypto candidates. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/us-house-passes-crypto-industry-194300379.html