Crypto News

Image generated by CariGold House votes on trio of cryptocurrency bills aimed at legitimizing the industry WASHINGTON (AP) — The House is voting on a trio of bills Thursday intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins, has already passed the Senate with broad bipartisan support and will head to Trump’s desk if it passes the lower chamber. The other two — legislation to address cryptocurrency market structure and a bill to prohibit the Federal Reserve from issuing a central bank digital currency — have yet to be passed in the...

Image generated by CariGold Larry Ellison tops Mark Zuckerberg as world's 2nd richest — here's the top 10 Meta (META) CEO Mark Zuckerberg is no longer the second-richest person in the world. That title now belongs to Oracle (ORCL) founder Larry Ellison. According to the Bloomberg Billionaire Index, gains of over $60 billion this year brought Ellison's net worth up to $257 billion, surpassing Zuckerberg's $247 billion, as of July 17. The switch in ranks came after surges in Oracle stock this summer, with Ellison's net worth jumping over $40 billion across three days in mid-June. Ellison, who founded Oracle in 1977 and served as its CEO for 37 years, owns approximately 40% of the software company. Earlier this week, Oracle also...

Image generated by CariGold Volcon Is Pivoting to a Bitcoin Treasury Model. Should You Buy VLCN Stock Here? Volcon (VLCN) shares more than quadrupled on Thursday after the electric vehicle (EV) company joined a fast-growing list of businesses that have made Bitcoin (BTCUSD) their primary treasury reserve asset. The Nasdaq-listed firm has raised over $500 million from a consortium of accredited investors led by Empery Asset Management, at least 95% of which will be used to load up on BTC. Following today’s rally, Volcon stock, at one point, was up a staggering 900% versus its year-to-date low set in late May. Why Did Volcon Stock Skyrocket on the BTC News? VLCN shares are flying high this morning because adopting Bitcoin as the...

Image generated by CariGold After a rather lethargic cycle, Ethereum's price is now approaching $3,500. The last time the cryptocurrency surpassed this mark was around Donald Trump's presidential inauguration in January. Amid the latest uptick, there are several actors who have become active and are moving assets. Firstly, the Trump-backed crypto venture, World Liberty Financial, bought $5 million in 1,531 ETH on July 16, as per the on-chain analytics firm Lookonchain. The organization made the purchase at an average price of $3,266 per ETH. The analytics platform also highlighted the recent whale activity. While most whales are buying ETH, two whales recently liquidated their ETH holdings worth $528 million. Trend Research, an...

Image generated by CariGold Ondo Finance Brings Tokenized U.S. Treasury to Sei Network Ondo Finance announced its tokenized Treasury Bill product, USDY, on the Sei Network on July 17. The Sei Network is an ultra-fast Layer 1 blockchain, and its integration with USDY marks an important milestone for the decentralized finance (DeFi) ecosystem, linking real-world assets with high-performance on-chain infrastructure. USDY, with a total value locked (TVL) of more than $680 million across various blockchains, offers a 4.25% annual percentage yield (APY) that's refreshed on a monthly basis. The product will allow non-U.S. retail and institutional investors to utilize stablecoin utility, coupled with returns from investing in short-term...

Image generated by CariGold Key Takeaways The price of ether, the native cryptocurrency of the Ethereum network, has more than doubled since its low point in April, a move marked by increased investor interest and upbeat industry trends. The move has been dramatic more recently, too, with the price rising more than 40% this month to about $3,400. U.S. spot ETH exchange-traded fund inflows on Wednesday reached a daily high of about $727 million, according to data from Farside Investors. That extended a strong run for the ETFs, with $2 billion of inflows since the July 4 holiday. (Spot bitcoin ETFs have still seen more than twice as much in inflows during this time, at roughly $4.2 billion.) The changing crypto regulatory environment...

Image generated by CariGold GameSquare ETH Strategy Quickens With $70 Million Offering GameSquare Holdings (NASDAQ: GAME) announced the completion of a $70 million public offering, facilitating a significant expansion into decentralized finance with the introduction of a $100 million Ethereum-based treasury strategy. The capital raised exceeded earlier expectations, offering GameSquare the financial opportunity to invest in Ethereum (ETH) over time via a staged, risk-managed approach. This strategy is designed to achieve 8–14% annual yields, surpassing the traditional ETH staking returns of 3–4%. GameSquare, a media, entertainment, and technology company, now stands among the first publicly traded companies to implement a...

Image generated by CariGold Bitcoin's Institutional Interest Grows, But Demand Still Early NEW YORK (Reuters) - Bitcoin's surge to a record this week has reignited questions about the role institutional investors are playing in pushing it higher, with analysts suggesting their role is still in its infancy. The world's largest cryptocurrency earlier this week surged to a record above $123,000, receiving a boost on the expectation of pro-crypto policies from Washington. While buzz around digital assets has increased, there is room for demand from institutional investors to grow as pension funds and other long-term buyers add bitcoin to their portfolios, analysts say. "We're still in the early innings when it comes to institutional...

Image generated by CariGold GameSquare ETH Strategy Quickens With $70 Million Offering GameSquare Holdings (NASDAQ: GAME) announced the completion of a $70 million public offering, marking a significant step towards expanding into decentralized finance with the launch of a $100 million Ethereum-based treasury strategy. The capital raise exceeded expectations and provides the financial support for GameSquare to invest in Ethereum (ETH) gradually through a structured, risk-managed approach. The strategy aims to achieve 8–14% annual yields, surpassing traditional ETH staking returns of 3–4%. This initiative places GameSquare, a media, entertainment, and technology company, among the pioneering publicly traded companies to implement a...

Image generated by CariGold Hackers have stolen more than $2 billion in crypto during the first half of 2025, according to new data from crypto analysis firm Chainalysis, marking the worst year-to-date on record for crypto thefts. The blockchain analysis company said Thursday in a new report that the $2.17 billion stolen during the first half of 2025 has already surpassed the amount of crypto lost last year. Not only that, the amount of cryptocurrency stolen during the first six months of 2025 was about 17% higher than the same period in 2022, which was previously the worst year on record for stolen crypto. Much of the stolen crypto this year was attributed to a single breach at crypto exchange ByBit, which saw North Korean hackers...

Image generated by CariGold Russia's Sberbank offers custody services for Russian crypto assets MOSCOW (Reuters) - Russia's largest lender Sberbank wants to offer custody services for Russian cryptocurrency assets, the state-owned bank said on Thursday, seeking a leading role in Russia's development of digital assets. Russia's central bank has softened its opposition to cryptocurrencies, backing a law last year that let businesses use them in international trade to help skirt Western sanctions imposed on Russia over its conflict in Ukraine. Anatoly Pronin, executive director of Sberbank's alternative payment solutions division, said the bank had sent proposals to the central bank on the regulation of crypto assets in the country...

Image generated by CariGold US House poised to send stablecoin bill to Trump after 'crypto week' drama The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins, after two days of fraught negotiations. House lawmakers in Washington were due to convene on Thursday afternoon to consider passing the stablecoin bill and another that would develop a regulatory framework for cryptocurrencies more broadly. The stablecoin measure, which has already been agreed to in the Senate, is expected to pass and move on to be signed by President Donald Trump as soon as Friday. That would be a major...

Image generated by CariGold Key Points Could Pool Corporation (NASDAQ: POOL) make you a millionaire? Well, the partial answer is that it likely did make a few millionaires if they had invested as little as $10,000 in the company back at the turn of the century. But then the stock lost around 45% of its value. So could another leg up be in the cards? It looks like at least one prominent investor -- Berkshire Hathaway, an owner of the stock -- thinks so. Let's consider perhaps why. Pool Corp. has a growth bias Pool sells the supplies needed to build, upgrade, and maintain pools. It's a pretty mundane business, but there's an interesting aspect to owning a pool that has to be considered; once you build a new pool, it has to be...

Image generated by CariGold Trump-linked World Liberty Financial coin price could ’skyrocket’ says analyst Investing.com -- The Trump-backed World Liberty Financial token ($WLFI) could surge to as much as $1.50 when it becomes tradable, according to Bitrue research analyst Andri Fauzan Adziima. However, he warned that the rally may not last. “WLFI could skyrocket to $0.50–$1.50 on its mid-2025 listing, driven by Trump’s hype machine and retail FOMO, amplified by X posts calling it ‘patriot crypto’ in a bullish market,” Adziima told Investing.com. “But without a solid DeFi product or clear roadmap, it risks crashing below $0.01 by year-end,” he added. WLFI holders voted overwhelmingly last week to make the token tradable, a move...

Image generated by CariGold Crypto firm Bitcoin Standard Treasury Company is aiming to list on the Nasdaq through a merger with a Cantor Fitzgerald-backed blank check vehicle, the company said on Thursday. The move comes roughly four months after Cantor teamed up with Tether and Softbank for a $3.6 billion crypto venture to buy bitcoin. Bitcoin Standard will go public with over 30,000 bitcoin on its balance sheet, which would make it the 4th largest listed bitcoin treasury, it said. The deal is expected to close in the fourth quarter of 2025. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/crypto-firm-bitcoin-standard-list-131428445.html

Image generated by CariGold Here's What Could Help Bitcoin Depot Inc. (BTM) Maintain Its Recent Price Strength While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength"...

Image generated by CariGold Should You Buy Dogecoin While It's Under $0.25? Key Points It's fun times for investors at the moment. Not only is the broader U.S. stock market at all-time highs, but Bitcoin, the flagship cryptocurrency, is also soaring to new heights. The positive sentiment is an excellent sign for Dogecoin (CRYPTO: DOGE), which at roughly $0.20, sits well below the price at which the coin changed hands to begin 2025. Dogecoin is one of the most valuable and widely known meme coins. Investor sentiment is soaring as the U.S. House of Representatives begins to discuss multiple cryptocurrency bills, with House leadership going so far as to call the week of July 14 "Crypto Week." Can Dogecoin revisit its highs, and...

Image generated by CariGold Key Points The day before the official start of "Crypto Week" in Congress, the price of Bitcoin hit a new all-time high of more than $123,000. This indicates the significant anticipation among market participants for the arrival of new crypto legislation. The U.S. House of Representatives will deliberate on two key pieces of legislation during Crypto Week: the Genius Act and the Clarity Act. Here's what you need to know. Legitimacy for stablecoins Let's start with the Genius (Guiding and Establishing National Innovation for U.S. Stablecoins) Act, which recently passed through the Senate and is close to making its way to the White House for a final signature from President Donald Trump. The goal of the...

Image generated by CariGold Launched on 12/13/2016, the Nuveen ESG Large-Cap Growth ETF (NULG) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Growth category of the market. What Are Smart Beta ETFs? For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type...

Image generated by CariGold Is Shiba Inu a Bargain Buy or Destined for More Decline? It's been a great year for the crypto markets as a whole, but one coin that hasn't been benefiting from the excitement is Shiba Inu (CRYPTO: SHIB). It trades at $0.000014 as of July 16, down about 35% since the start of the year. Although there are hopes of a Shiba Inu spot exchange-traded fund (ETF) in the future, which could result in increased investment in the crypto, the meme coin remains down in the dumps. Could this be a great time to buy this struggling coin, or should you expect more decline in the weeks and months ahead? A Concerning Trend for Shiba? What's troubling about Shiba Inu's decline is that it comes amid strong crypto market...