Crypto News

Image generated by CariGold Crypto Asset Manager Grayscale Files Confidentially for US IPO Grayscale Investments LLC has filed confidentially for a US initial public offering, marking another step for cryptocurrency-related companies entering public markets as digital assets, led by Bitcoin, hit record highs. The crypto asset manager announced that it submitted a draft registration statement on Form S-1 to the US Securities and Exchange Commission. The number of shares to be registered and the price range have yet to be determined. Founded in 2013, Grayscale launched the first publicly-traded Bitcoin fund and the first Ethereum investment fund. The company now manages over $33 billion in assets and offers more than three dozen...

Image generated by CariGold Meme stock buzz is heating up again. On July 14, the Mad Money host Jim Cramer stirred chatter on X by suggesting two fresh acronyms for retail-favorite tech stocks: PARC (Palantir, AppLovin, Robinhood, Coinbase) and CARP (Coinbase, AppLovin, Robinhood, Palantir). He asked his followers which one they preferred, giving these trending names an extra push. Cramer's post comes as these meme stocks trade mixed during Monday morning. Palantir (PLTR) shares closed at $142.10, down 0.28% in Monday's trade after reaching a session high of $144.58. The defense and AI-focused company remains a retail favorite, and in pre-market trading today, it edged up 0.20%. Interestingly, AppLovin, the American mobile...

Image generated by CariGold What Happened? Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) jumped 3.5% in the morning session after the price of its key asset, Bitcoin, surged to a new all-time high, and after the company announced it had purchased more of the cryptocurrency. The enterprise software company has made holding Bitcoin a core part of its corporate strategy, with its shares climbing in tandem with the world's largest cryptocurrency. Bitcoin's price soared, continuing a powerful rally. This upward momentum in the crypto market directly benefits MicroStrategy, as the value of its substantial Bitcoin treasury increases. Adding to the bullish sentiment, MicroStrategy disclosed in an SEC filing that...

Image generated by CariGold Why Are Veritex Holdings (VBTX) Shares Soaring Today What Happened? Shares of Texas-based bank holding company Veritex Holdings (NASDAQGM:VBTX) jumped 19.4% in the morning session after it was announced that the company will be acquired by Huntington Bancshares (HBAN) in a $1.9 billion all-stock transaction. The deal saw Huntington exchange 1.95 of its shares for each share of Veritex. Based on Huntington's closing price on July 11, 2025, this implied a value of $33.91 per Veritex share, representing a significant premium for shareholders and explaining the stock's sharp upward move. The acquisition was a strategic move for Huntington to accelerate its growth in key Texas markets, including Dallas/Fort...

Image generated by CariGold Why the Price of Bitcoin Keeps Hitting Record Highs Bitcoin (BTCUSD) smashed another record, rising above $123,000 Monday before giving up some of those gains. What's powering the world's largest cryptocurrency to new highs? Institutional buying from bitcoin treasury companies like Strategy (formerly MicroStrategy) and spot bitcoin exchange-traded funds (ETFs) as well as optimism around "Crypto Week." Strategy Buys More, Investors Flock To Spot Bitcoin ETFs After taking a week off from its usual Monday purchase announcements, Strategy (MSTR) revealed that it bought 4,225 more bitcoin over the week ending July 13 for $472.5 million. This takes its total bitcoin holdings to 601,550. These most recent...

Image generated by CariGold MicroStrategy has once again doubled down on its Bitcoin strategy, revealing it acquired 4,225 BTC between July 7 and July 13 at an average price of $111,827 per coin for a staggering $472.5 million. The announcement comes as Bitcoin notched new all-time highs this week, surging past $123,000 amid rising institutional inflows, strong derivatives activity, and macro tailwinds like the falling U.S. dollar and surging deficit concerns. According to MicroStrategy’s July 14 8-K filing, the company—now operating under the name “Strategy”—purchased 4,225 additional bitcoins between July 7 and July 13, 2025, for approximately $472.5 million. The average purchase price during that period was $111,827 per BTC...

Image generated by CariGold Key Takeaways Circle Internet Group (CRCL) shares remain in focus as stablecoins take center stage in what the U.S. House of Representatives have dubbed "Crypto Week." Lawmakers are expected to vote on the GENIUS Act in coming days, a bill that provides a framework for stablecoins, a cryptocurrency with its value pegged to a traditional currency, often the Greenback. A successful vote could significantly increase the legitimacy and use of stablecoins as a payment option, a development likely to boost Circle, which issues USD Coin (USDC), a leading stablecoin tied to the U.S. dollar. Circle shares have soared more than six-fold from their $31 initial public offering (IPO) price, buoyed by the legislation’s...

Image generated by CariGold Bitcoin continued its rapid climb and hit another all-time high Monday as U.S. lawmakers begin a week focused on passing pro-crypto legislation. Data from CoinMarketCap showed bitcoin climbed above $123,000 early Monday, up from about $108,000 only a week ago. The world’s oldest and most popular cryptocurrency is currently the fifth most valuable asset class in the world at $2.4 trillion, giving it a higher market cap than Amazon. The enthusiasm for bitcoin comes as the U.S. House is set to take up several pieces of cryptocurrency-related legislation in what’s been dubbed “crypto week” in Congress. Lawmakers have been under pressure from President Donald Trump and the big-spending crypto lobby to pass...

Image generated by CariGold Crypto Week Pushes Bitcoin to Record High as Lawmakers Weigh 3 Key Bills in DC Bitcoin (BTC-USD) rallied to a record high above $121,000 early Monday as Congress opens "Crypto Week" in Washington, which will see the House of Representatives weigh three key pieces of crypto-related legislation. The rally in bitcoin has been accompanied by a surge in stocks with crypto ties, notably Coinbase (COIN), Robinhood (HOOD), and newly-public stablecoin issuer Circle (CRCL). Coinbase and Robinhood shares are trading at record highs, while Circle stock has gained over 500% since its IPO in June. The GENIUS Act The first bill up, the GENIUS Act, would implement the nation's first federal framework for stablecoins —...

Image generated by CariGold Discord’s virtual reward, ‘Orbs,’ launches out of beta After announcing in late May that the platform would be experimenting with a new virtual reward system, Discord is now launching it to the public. The aim of the rewards, called Orbs, is to get people to click on more interactive ads. Users earn Orbs after completing Quests, which involve interacting with ads for products or games to get virtual items. Users can redeem Orbs for digital items in Discord’s Shop, like a three-day Nitro credit, an Orb-themed profile badge, profile effects, avatar decorations, and more. According to Discord, Orbs have been popular among testers, with millions earned and spent during the seven-week beta period. Other...

Image generated by CariGold Bernstein says to expect ’a rather long and exhausting crypto bull market’ Investing.com -- Bernstein analysts said investors should prepare for a prolonged digital asset rally, describing the current crypto cycle as "a rather long and exhausting crypto bull market" driven not by retail speculation, but by institutional blockchain adoption. In a new Digital Assets Memo note, Bernstein stated, “Our conviction in blockchain and digital assets has never been higher.” While previous crypto surges followed Bitcoin’s typical four-year halving cycle, the analysts argue that this time is different. “This cycle looks more structural—clear regulatory framework, government support, strong institutional adoption,”...

Image generated by CariGold Blue Remit Joins Forces with TerraPay to Enhance Global Payout Capabilities Blue Remit, the digital remittance subsidiary of Al Ansari Financial Services PJSC, has teamed up with TerraPay to bolster its payout capabilities. By combining Blue Remit’s digital platform with TerraPay’s interconnected payment system, the partnership will facilitate instant transfers to bank accounts, mobile wallets, and cards worldwide. Blue Remit CEO Rashed A. Al Ansari said: “Expanding the accessibility and performance of our remittance corridors is at the heart of Blue Remit’s growth strategy. TerraPay brings strong infrastructure, deep market coverage, and the compliance sophistication we look for in every partner.” Blue...

Image generated by CariGold AEON, the cryptocurrency payment framework, has expanded its Web3 mobile payment solution, AEON Pay, into the Nigerian market. AEON Pay now enables users in Nigeria to conduct transactions with local merchants by integrating support for local bank transfers within its Telegram miniapp and decentralized applications (dApps). It allows Nigerian consumers to make purchases in Naira (NGN) with their preferred cryptocurrency and wallet for payment, eliminating the need for manual cash-outs or the use of centralized exchanges. AEON Pay will oversee the conversion of digital assets and initiate a bank transfer to the merchant's account. The service is compatible with the Nigeria Inter-Bank Settlement System...

Image generated by CariGold U.S. House leaders set to pass stablecoin bill in ’Crypto Week’ push Republican House leaders expect to pass a stablecoin regulatory bill this week, marking the first major digital assets legislation to reach the president’s desk. The vote kicks off what supporters have dubbed "Crypto Week," a series of votes on crypto-related measures in Congress. "The golden age of digital assets is here," said Representative Bryan Steil, a Wisconsin Republican who chairs a House subcommittee on crypto and has been a vocal industry supporter. Industry supporters hope the legislation will encourage wider adoption of dollar-denominated stablecoins. The House plans to vote on two additional industry-backed bills this...

Image generated by CariGold Bitcoin Price Sets Another Record as it Tops $122,000 KEY TAKEAWAYS Bitcoin (BTCUSD) traded above $120,000, continuing its run to new heights as more companies are building stockpiles of the token and as Congress prepares to discuss three crypto-friendly bills this week that could give digital assets increased legitimacy. Bitcoin is was recently a bit off recent record highs above $122,000 but still above $121,000. Its gains this year are around 30%, well above the rise of the S&P 500. Crypto-tied stocks also rose in premarket trading. Shares of software maker Strategy (MSTR), the company that has popularized the bitcoin treasury strategy, are up about 3%. Shares of crypto miners MARA Holdings (MARA) and...

Image generated by CariGold Prediction: Bitcoin Will Be Worth $200,000 in 1 Year Key Points Last May, I predicted that Bitcoin's price would rise from about $63,000 to more than $100,000 in 2025. At the time, I expected declining interest rates, its latest halving, and an influx of institutional investors to drive its price higher. Today, the world's top cryptocurrency trades well above $110,000. It will likely remain volatile for the foreseeable future, but I believe it will reward its patient investors by nearly doubling to $200,000 over the next 12 months. Let's review the main catalysts that could spark another rally. Declining Interest Rates Will Drive Its Price Higher Bitcoin's biggest near-term catalyst will be declining...

Image generated by CariGold Is Crypto Getting Too Political? 2 Indicators Investors Should Watch One of the appeals of Bitcoin (CRYPTO: BTC) at its inception was its decentralized nature. Early adopters proclaimed the birth of a digital currency that didn't need the backing of central banks or governments. A lot has changed since then. Blockchain may not need governments, but cryptocurrencies seem to need politicians. The industry spent more than $130 million on lobbying in 2024. Crypto leaders want regulations that will increase adoption and plug digital assets into traditional financial systems. It may not be in line with Bitcoin's original values, but many investors rightly welcome the prospect of clearer legislation as reflected...

Image generated by CariGold Crypto Bills Set to Advance This Week The crypto industry is poised to move closer to mainstream acceptance as several industry-friendly bills make progress through Congress. These developments could pave the way for digital assets to be further integrated into traditional finance systems. The House of Representatives is scheduled to pass a series of crypto-related bills during what is being termed "crypto week." The most notable among these is a bill that would establish a regulatory framework for stablecoins, which is expected to advance to the president's desk. This bill, along with another that the House is considering to define when a crypto token is a commodity, represents a significant victory for...

Image generated by CariGold Crypto exchanges rushed to list Trump's coin - leaving many losers and some big winners NEW YORK (Reuters) - Crypto exchange Coinbase assures users on its website that it puts any new digital coin through "rigorous" vetting before allowing it to trade. It's an at-times lengthy process meant to protect customers by examining the people connected to the project and the risk of market manipulation or other scams. With President Donald Trump's crypto token, $TRUMP, Coinbase made up its mind in just one day. The $TRUMP token, which launched three days before his inauguration in January, is a meme coin. Based on cultural fads or celebrities, these coins have no intrinsic value and are prone to large price...

Image generated by CariGold Key Points Trying to forecast Bitcoin's (CRYPTO: BTC) next big move is often easier than it seems, as long as you're willing to entertain multiple possibilities. Today, as always, the coin's balance depends on forces far bigger than crypto itself. At one end is a flood of global liquidity and ravenous demand from institutional investors. On the other is an inflationary flare-up that could wreck risk appetite and expose a fragile new crop of highly leveraged "Bitcoin treasury" companies. Investors need to understand both possibilities before deciding whether to buy more, trim, or simply hang on. Global liquidity could fire a run to $150,000 Central banks have already started cutting the prime interest...