Crypto News

Image generated by CariGold Peter Thiel announced a big stake in a crypto miner that's betting big on Ethereum, sending the stock soaring 30% Shares of a little-known crypto mining company rocketed higher last week after announcing plans to amass a trove of Ethereum. Now, famed venture capitalist and Palantir co-founder Peter Thiel is putting his money behind it as well, disclosing a 9.1% stake in BitMine Immersion Technologies on Tuesday, according to a 13G filing. Shares of BitMine Immersion jumped as much as 30% to $51.68 before paring gains to about 20% close to midday. Thiel owns 5,094,000 shares of the company through his venture capital fund Founders Fund. Thiel has been a longtime proponent of crypto, and Founders Fund has...

Image generated by CariGold Applied Materials Soars 14% in a Month: Time to Buy or Hold the Stock? Applied Materials AMAT shares have climbed 14.4% in a month, outperforming the Zacks Electronics - Semiconductors industry’s return of 6.2%. This outperformance raises the question: Should investors accumulate AMAT shares or book profits and exit the investment? AMAT Benefits From Growing Adoption of Its Products Applied Materials is experiencing strong traction in its etching, deposition, metrology and inspection tools. AMAT’s Sym3 Magnum etch system, Cold Field Emission eBeam technology, gate-all-around, backside power delivery, and 3D DRAM technology nodes are gaining traction as they play crucial roles in the manufacturing and...

Image generated by CariGold Why Dogecoin Is Rising Today Key Points Since yesterday afternoon, the price of Dogecoin (CRYPTO: DOGE) has traded nearly 4% higher, as of 11:04 a.m. ET today. There is no obvious reason for the move, although it can likely be attributed to broader tailwinds for the crypto sector. Crypto legislation is back on track As a meme token with very little real-world utility, there are rarely specific catalysts that move Dogecoin. However, the token is volatile and tends to join in broader crypto moves. This week, the U.S. House of Representatives began "Crypto Week" to vote on three key pieces of legislation in the House. The GENIUS Act would establish a set of standards for stablecoins, the CLARITY Act would...

Image generated by CariGold Citigroup Inc (NYSE:C). is hiring two senior bankers from JPMorgan Chase & Co. (NYSE:JPM) to strengthen its investment banking division, according to a Bloomberg report on Wednesday. Citigroup's New Appointments Aloke Gupte will join Citigroup as global co-head of equity capital markets, working alongside Doug Adams. Gupte will be based in London for this position. Alex Watkins will take on the newly-created role of head of technology financing at Citigroup. Watkins will relocate to San Francisco and handle both debt and equity financing in the technology sector. Both Gupte and Watkins previously ran JPMorgan’s equity capital markets business outside the United States. The new executives will report to...

Image generated by CariGold Bank of America Stablecoins Initiative Bank of America has been working on stablecoins, indicating that investors can expect progress in this area, as stated by CEO Brian Moynihan. He mentioned that the bank and the industry are poised to respond, noting significant preparatory work. "We are still trying to figure out how big or small it is, because in some places there are not big amounts of money movement. So you would expect us all to move, our company to move on that," Moynihan told analysts on a post-earnings conference call. Stablecoins, a type of cryptocurrency designed to maintain a constant value, are usually pegged to a fiat currency such as the U.S. dollar and are commonly used by crypto...

Image generated by CariGold BNB Chain Market Recap Following its recent recovery, the BNB Chain sector put on a further show of strength this week, boosting its market capitalization (mcap) by 9% to reach $193 billion. The majority of popular BEP-20 assets are in the green this week, with some of the best performers gaining upwards of 50%. BNB (BNB) is now closing in on $700 after gaining 5% week-on-week while the sector is just inches away from its highest-ever mcap. Some of this week’s best performers include meme coins, which currently dominate the top list. On the flip side, the list of worst performers is comprised of low float/high FDV projects and meme coins. BNB Chain continues to lead the L1 space in terms of on-chain...

Image generated by CariGold Aethir and Credible Introduce DePIN-Powered Credit Card Aethir, a decentralized GPU cloud network, teamed up with Credible Finance, a lending protocol, to introduce what they say is the first credit card and loan product powered by a decentralized physical infrastructure network (DePIN). The move is designed to give Aethir’s native ATH token holders and node operators access to stablecoin credit without liquidating their tokens — a step toward blending on-chain infrastructure with real-world financial capital. The product, which debuted on Wednesday, lets eligible users collateralize their ATH tokens to access a revolving credit line or preload a no-fee card with ATH or stablecoins on Solana. Loan...

Image generated by CariGold Bitmine Immersion jumps after Palantir co-founder Peter Thiel's stake reveal (Reuters) - Shares of Bitmine Immersion Technologies (BMNR) jumped in premarket trading on Wednesday after tech billionaire Peter Thiel disclosed a 9.1% stake in the crypto mining and services company. Palantir co-founder Thiel has publicly praised bitcoin, a currency based on blockchain technology, and his Silicon Valley venture capital firm Founders Fund was among the earlier investors in crypto. Thiel's stake was revealed in a U.S. Securities and Exchange Commission 13D filing after markets closed on Tuesday. Shares rose 20.5% to $48.12 in heavy volumes. The stock received a boost in early June after it announced a $250...

Image generated by CariGold When it comes to retirement savings, many people think that investing is something that’s done only by the rich. However, putting whatever you can into the market on a regular basis can yield some surprising returns depending on how early you start. In fact, because of the power of compound interest, investing as early as possible with whatever money you can spare can put you ahead of richer investors who start later. Investing for retirement involves building a portfolio of assets to help you maintain a comfortable lifestyle after you stop working. Since Social Security typically replaces only about 40% of your pre-retirement income, it’s crucial to save and invest to bridge that gap. This is easier if you...

Image generated by CariGold ZBD, a provider of payment solutions for the interactive entertainment industry, has obtained an Electronic Money Institution (EMI) licence in the Netherlands. The licence follows its approval under the EU's Markets in Crypto-Assets Regulation (MiCAR) in December 2024. The EMI licence authorises ZBD to engage in activities such as the issuance and transfer of fiat electronic money, provision of debit cards, and the future offering of virtual IBANs for both individual and business clients. The dual licensing enables ZBD to operate a range of fiat and cryptocurrency services across the European Economic Area (EEA). ZBD COO Marca Wosoba stated: "Securing the EMI licence is a crucial step in our mission to...

Image generated by CariGold BITCOIN SEASON 2: Where Does Bitcoin Peak This Cycle? Bitcoin soars past $122K, flipping Amazon's market cap. Charlie and Colin analyze price predictions from $150K-$400K, discuss the Mayer Multiple indicator, boomer ETF flows, and whether the 4-year cycle still holds in this bull market. This article has been published in cointelegraph.com via Yahoo News. https://finance.yahoo.com/video/bitcoin-season-2-where-does-113717360.html

Image generated by CariGold Key Points President Donald Trump didn't invent speculative exuberance, but he has a knack for bottling it. In mid-January, the Official Trump (CRYPTO: TRUMP) meme coin debuted with fireworks on Solana, very briefly driving the entire meme coin complex higher and padding early buyers' wallets before collapsing and inflicting dramatic losses. Even sober observers had to concede that the president knows how to move markets. Yet euphoria can often wither quickly in crypto. To some, today the cup feels half empty, and it's natural for investors to be wondering whether the Trump-powered party is winding down or just taking a breather. Let's take a look at the evidence here. The president's token was not a good...

Image generated by CariGold Scoop: Singapore High Court clears path for WazirX revote, platform could resume operations within weeks The Singapore High Court has overturned its June 4 order rejecting WazirX’s restructuring plan, granting permission for a fast-tracked revote that could allow the Indian crypto exchange to reopen and begin reimbursing users within a month. In the latest hearing on July 16, the court accepted new arguments from Zettai— the parent firm of WazirX — after a revised proposal addressed prior regulatory concerns. The restructuring scheme initially faced objections due to the involvement of Panama-based Zensui and concerns over potential violations of Singapore’s Financial Services and Markets Act (FSMA)...

Image generated by CariGold Tether's Strategic Move into Commodities Trading NEW YORK (Reuters) - Crypto powerhouse Tether, the world's largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion dollar a year global commodities trade. The company aims to embed its stablecoin, a digital currency pegged to the U.S. dollar that trades in crypto exchanges, into the core of markets where raw materials are bought and sold, promising to slash cross-border payment costs and times from days to seconds. New York-listed Adecoagro, a company that produces dairy in Argentina, rice in Uruguay, and sugar and ethanol in Brazil, among other products...

Image generated by CariGold Should You Buy Dogecoin While It's Under $1? Dogecoin (CRYPTO: DOGE) is the cryptocurrency industry's original meme token. It was founded in 2013 by two friends who used the Doge internet meme as inspiration and, in their own words, the entire exercise was a joke. But those who believed in Dogecoin's potential had the last laugh because its market capitalization soared to a peak of about $90 billion in 2021. Unfortunately, a lack of any true use case, combined with a consistently growing supply of tokens, contributed to a 74% decline in Dogecoin's value since then. Pro-crypto policies don't really favor Dogecoin While on the campaign trail last year, Trump vowed to make America the crypto capital of the...

Image generated by CariGold SPRIM PRO and ObvioHealth to provide fully integrated trial solution SPRIM PRO and ObvioHealth, both part of the SPRIM Group, have announced an expansion of their partnership to provide a fully integrated trial solution to sponsors. This collaboration combines scientific and operational experience with advanced digital capabilities, offering trial sponsors an approach to executing quicker and more subject-centric research worldwide. SPRIM PRO claims to have supported more than 300 clinical studies in 26 therapeutic fields. Its capabilities are centered on enhancing protocol design, creating digital endpoints, and promoting adherence to regulations by providing training and implementing telehealth...

Image generated by CariGold Key Points Two kinds of cryptocurrencies tend to dominate headlines. One group, meme coins, exist mainly as jokes that are funny for as long as their price continues to rise. The other group, which goes by many different names, runs quietly and seeks to find a home as part of the plumbing layer of international finance, powering key financial systems while nobody is looking. Enter XRP (CRYPTO: XRP) and Shiba Inu (CRYPTO: SHIB). Both have a habit of rallying hard, yet their next three months and beyond will hinge on very different engines of value creation—or lack thereof, in Shiba Inu's case. Here are three reasons XRP's chances look significantly stronger in both the near term and the long term. 1...

Image generated by CariGold XRP Futures Volume on the CME Hit a Record $235M The CME's nascent XRP futures market is growing fast as sophisticated investors gravitate to the payments-focused cryptocurrency. Together, the standard and micro futures registered a total trading volume of $235 million on Friday, the highest on record. The tally takes the cumulative trading since inception on May 19 to $1.6 billion, according to data source CME Active Trader. "The record underscores the rapidly growing demand in our new XRP futures suite," Active Trader said on X. The CME is a preferred venue for institutions seeking to gain exposure to digital assets through regulated derivatives while avoiding direct ownership of the token. CME's...

Image generated by CariGold Uniswap Labs President Mary-Catherine Lader Steps Down After Four Years Mary-Catherine Lader, President and COO of Uniswap Labs, has stepped down after four years leading the development company behind one of the most prominent decentralized exchanges (DEX). A former BlackRock executive, Lader joined Uniswap in 2021 to help bridge traditional finance and decentralized protocols. During her tenure, Uniswap Labs expanded the protocol’s reach across multiple blockchains, launched its own mobile wallet, and matured into an infrastructure provider relied on by institutions, developers, and retail users alike. A successor has not been named. Her exit also comes at a time when Uniswap’s regulatory standing has...

Image generated by CariGold DOGE Prints Bullish Setup With Breakout, Pullback, and Support at $0.196 DOGE’s breakout follows a broader return of meme coin flows as traders rotate into volatility ahead of key macro events later this week. Institutional footprints were visible in volume surges above $0.195, with market makers defending support levels near $0.190 during the early session. Technical setups are now aligned with Fibonacci retracement targets around $0.197 — with $0.21 flagged as the next extension if bulls regain strength. Price Action Summary Technical Analysis What Traders Are Watching DOGE’s 5% rally was real — volume, structure, and order flow confirm institution-backed momentum. With $0.195 now acting as a...