Crypto News

Image generated by CariGold Key Points Cathie Wood is the founder and CEO of Ark Investment Management, which operates a portfolio of exchange-traded funds (ETFs) that invest in innovative technology companies. Each year, the firm releases a new issue of its "Big Ideas" report featuring predictions for its biggest areas of interest, whether it be artificial intelligence (AI), cryptocurrency, or autonomous vehicles. In the 2025 edition, Wood and her team said AI will significantly reduce the cost of software development because virtual assistants like ChatGPT will eventually write more code than human programmers. Since software often boosts productivity, Ark predicts lower costs will trigger a demand explosion that could translate...

Image generated by CariGold Key Points The cryptocurrency market is currently worth $3.8 trillion. That represents a total return of 180% (or about 41% annually) during the last four years. Morningstar analysts expect the market to hit $7.8 trillion by the end of 2034, a modest estimate that implies 105% upside during the next decade. Applying that estimate to XRP (CRYPTO: XRP), which currently trades at $3, would bring its price to $6.15 by the end of that period. But XRP has typically delivered above-average gains versus the broader market. For instance, its price increased 360% in the last four years, and that trend will likely continue given its status as the third most-valuable cryptocurrency. Indeed, Geoffrey Kendrick at...

Image generated by CariGold News Background The SEC’s still-unresolved digital asset framework continues to dominate institutional risk models, forcing treasuries to balance early exposure with compliance optics. The upcoming ProShares XRP Futures ETF — set for launch on July 18 — has introduced a new capital allocation vector, particularly for pension and endowment portfolios. Amid that setup, corporate flows spiked in both directions: buying early at $2.95–$3.02, and selling heavily overnight as risk management protocols kicked in. Price Action Summary Technical Analysis Takeaway XRP’s 8% drop reflects more than volatility — it’s corporate positioning in real-time. While whales and treasuries sold into strength above $3.00, the...

Image generated by CariGold StanChart Launches Bitcoin, Ether Spot Trading for Institutional Clients HONG KONG (Reuters) - Standard Chartered has introduced spot trading for bitcoin and ether through its UK branch for institutional clients to cater to the rising demand for crypto assets. The UK-headquartered bank said on Tuesday it is the first global systemically important bank to offer secure, regulated, and scalable access to bitcoin and ether deliverable spot trading. Institutional clients, including corporates, investors, and asset managers, can now trade digital assets through familiar FX interfaces, and will soon be offered non-deliverable forwards trading, StanChart said in a statement. "As client demand accelerates...

Image generated by CariGold Morning Bid: US earnings to shed light on tariff impact With markets largely inured to an ever-changing tariff picture, the spotlight turns to Wall Street earnings for clues on how the trade drama is affecting corporate bottom lines. JPMorgan Chase, Wells Fargo, and Citigroup are among heavyweights reporting second-quarter results today. Profits for S&P 500 companies in the second quarter are expected to rise 5.8%, according to LSEG data, down from a forecast of 10.2% on April 1, before U.S. President Donald Trump launched his trade war. Investors are also waiting for U.S. consumer price data for June, looking for any sign of price pressure from tariffs or hints on policy moves by the Federal Reserve...

Image generated by CariGold XRP is making headlines again after the token moved back up to a level of resistance that is significantly close to $3.00, a price point that has not been seen since the all-time high. The price is currently trading at $2.91, up 2.15% over the last 24 hours, leading speculation that a breakout could occur very soon. "XRP is screaming all-time highs," crypto analyst Ali Martinez said in a recent update on X. He also pointed out a very significant technical setup. Martinez said XRP is now testing the top of the price channel that has been established for years, around the $3.00 price point. Winning anywhere above the psychological and technical level would likely lead to a huge rally toward the $4.80 price...

Image generated by CariGold Bitcoin Soars As Congress Starts 'Crypto Week' A boost to Bitcoin comes before Congress is expected to vote on three key bills on crypto. This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/bitcoin-soars-congress-starts-crypto-225247327.html

Image generated by CariGold Why is the price of bitcoin hitting a record high? Experts explain. Bitcoin vaulted to a record high on Monday, climbing more than 1% in early trading and hurtling past $120,000 for the first time. The surge comes as the U.S. House of Representatives stands poised for “crypto week,” a series of debates over the coming days on legislation that could ease regulatory complexity long viewed as an impediment for the industry. The price of bitcoin clocked in at $120,290, amounting to a nearly 15% surge over the past month as crypto-friendly legislation made its way through Congress and investors displayed growing adoption of a new tool for investment in bitcoin. Ether, the second-largest cryptocurrency, also...

Image generated by CariGold Vanguard Goes Big on Crypto, Thanks to the Index-Fund Boom It Unleashed (Bloomberg) — Bitcoin (BTC-USD) is not “appropriate” for long-term investors. Also, digital assets are more a speculation and less an investment. And they’re an “immature asset class” with little history and “no inherent economic value” that can wreak “havoc” on portfolios. Vanguard Group Inc. executives, channeling the logic of the venerable Jack Bogle, have made their opinions on crypto clear. Yet thanks to the cold logic of index investing, the $10 trillion money-management giant is now the biggest backer of Strategy, the software firm that famously reinvented itself as a proxy for Bitcoin and became a poster child for the...

Image generated by CariGold Key Points BitMine Immersion (NYSEMKT: BMNR) is posting another day of big gains Monday. The share price was up 3.4% as of 3 p.m. ET. Ethereum's token price was down roughly 0.2% over the previous 24 hours at the same point in the same day's trading. The stock had been up as much as 45.2% earlier today. BitMine stock rocketed higher today after the company announced that it had made a $500 million investment in Ethereum. While the company's share price has pulled back significantly from the high reached earlier in the day's trading, it's still seeing strong gains in the session. BitMine surges on big Ethereum investment BitMine Immersion stock skyrocketed this morning after the company published a press...

Image generated by CariGold Vanguard Goes Big on Crypto, Thanks to Index Boom It Unleashed Vanguard Group Inc. executives have made their opinions on crypto clear, calling it an "immature asset class." Yet thanks to the cold logic of index investing, the $10 trillion money-management giant is now the biggest backer of Strategy, the software firm that famously reinvented itself as a proxy for Bitcoin and became a poster child for the industry's ambitions. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/vanguard-goes-big-crypto-thanks-193240668.html

Image generated by CariGold JPMorgan to Charge Fintechs for Customer Data Access JPMorgan Chase has announced plans to implement fees for access to customer bank account data, potentially amounting to hundreds of millions of dollars. This decision could significantly disrupt existing business models within the financial technology sector. The largest bank in the US has shared pricing documents with data aggregators, which connect banks and fintech companies, outlining the new charges. Fees will vary based on data usage, with higher costs for payment-centric firms. A JPMorgan spokesperson emphasized the bank's commitment to developing a secure system for consumer data protection, stating, “We’ve had productive conversations and are...

Image generated by CariGold Bitcoin hits record high as investors pull away from government debt Bitcoin surged to an all-time high on Monday as it outpaced gold as the fastest-growing investment this year. The world’s original and most popular cryptocurrency hit a record $123,205 following a 14% gain in the past week, crystallizing an increase of almost a third since the start of the year. It later eased back below $120,000. The bitcoin price has doubled in 12 months, outstripping a 38% gain in the ever-rising gold price and an 11% increase on the benchmark US S&P 500 index. The latest surge came as investors ditched long-term government bonds in Germany and France, pushing the yields – the cost of borrowing – to levels seldom seen...

Image generated by CariGold XRP's Implied Volatility Explodes as Congress' Crypto Week Kicks Off XRP's seven-day implied volatility surged to 96%, indicating potential double-digit price swings. This comes as the Congress kicks off the "Crypto Week," reviewing bills that could significantly affect the digital assets industry, including the GENIUS Act and CLARITY Act. This article has been published in Yahoo.com via Yahoo News. https://finance.yahoo.com/video/xrps-implied-volatility-explodes-congress-185844542.html

Image generated by CariGold Defiance ETFs CEO on Leveraged ETFs, Growth of ETF Space Defiance ETFs CEO and CIO Sylvia Jablonski discusses leveraged ETFs, emphasizing that day traders are embracing them in the right way. She highlights the massive pool of investors entering the ETF space, attributing this growth to the ease of trading and the sharing of information. In a conversation with Eric Balchunas and Scarlet Fu, she notes that Bitcoin and crypto 'almost always' come up in discussions with clients. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/defiance-etfs-ceo-leveraged-etfs-183332011.html

Image generated by CariGold The Sonnet BioTherapeutics (NASDAQ: SONN) stock surged 367% to hit as high as $19 on July 14 as the biotech company announced that it has decided to merge with Rorschach I LLC. Rorschach I is a newly formed company by an entity affiliated with Atlas Merchant Capital LLC, an affiliate of Paradigm Operations LP. The new company, Hyperliquid Strategies, will transform into a crypto treasury company that is expected to stack HYPE, the native token of the Hyperliquid blockchain network. The layer-1 blockchain empowers decentralized finance (DeFi) applications focused on trading of perpetual futures and other financial primitives. Hyperliquid Strategies is expected to hold 12.6 million HYPE tokens, valued...

Image generated by CariGold Coinbase Stock Rises on Analyst Optimism, Congressional Work on Pro-Crypto Bills Key Takeaways Shares of Coinbase Global rose Monday as bitcoin hovered near highs and Congress prepared to take on a number of cryptocurrency matters in the coming days. Coinbase (COIN) shares were recently up about 2%. Oppenheimer analysts raised their price target for the crypto exchange operator as Congress was moving to discuss three crypto-friendly bills this week that could increase the use of digital assets. The bullish targets come as Bitcoin (BTCUSD) traded above $120,000 on Monday, continuing its run to new heights. The exchange company is “well positioned to benefit from mass adoption of digital assets,”...

Image generated by CariGold ‘Rich Dad Poor Dad’ Author Warns Bitcoin Buyers as Price Tops $120K Rich Dad Poor Dad author Robert Kiyosaki issued a cautious but hopeful statement on social media as Bitcoin's price (BTC) broke through the barrier and moved above $121,000 to a new all-time high. As the largest cryptocurrency reached a milestone on July 14, Kiyosaki positioned the rally as a time to reflect, specifically for those who have yet to enter the crypto market. "Great news for those who already have some Bitcoin. Bad news for who… for whatever reason… never 'pulled the trigger'. They own nothing. As warned in previous X…Pigs get fat…. Hogs get slaughtered," Kiyosaki wrote. While he's buying one more Bitcoin, Kiyosaki said he...

Image generated by CariGold Key Points XRP (CRYPTO: XRP) is surging again Monday. The cryptocurrency's token price was up 5.5% over the past 24 hours as of 1 p.m. ET. At the same point in the day's trading, Bitcoin (CRYPTO: BTC) was up 1.6%, and Ethereum (CRYPTO: ETH) was up 1.7%. Today's trading has pushed Bitcoin to a new all-time high. The broader crypto market is continuing to see bullish momentum, and XRP is getting a lift from the trend. In addition to new legislation being discussed this week that could wind up benefiting the crypto industry, the token is getting a boost from expectations that the macroeconomic backdrop for cryptocurrency valuations could soon become more favorable. XRP rises as "Crypto Week" kicks off The...

Image generated by CariGold DePIN Explained: What is a Decentralized Physical Infrastructure Network? When you hear DePIN, picture a global network of hardware nodes, like mapping stations or environmental sensors, that anyone can deploy and earn tokens for running. By contrast, traditional infrastructure rollouts require massive budgets, long lead times, and centralized coordination. In an interview with TheStreet Roundtable, Amira Valliani, head of DePIN at the Solana Foundation, explained that DePIN, or “decentralized physical infrastructure network,” is a token-driven model for community-built hardware. “It is a business-model innovation that lets us build wide-reaching infrastructure faster and more affordably by using crypto...