Crypto News

Image generated by CariGold A Reddit post recently went viral when user, fragydig529, broke down how he invested $50 and made over $17,000 in a year from what he called “bank churning.” $17,000 sounds like some solid cash. Now what is bank churning? Bank churning essentially just involves opening new bank accounts to financially profit off banks’ sign-up bonuses. For instance, a bank may offer a new customer $300 for opening an account if they deposit $1,000. Depending on the bank and the kind of account, the customer may need to keep the account open for 90 days to receive the $300 bonus. Afterwards, they transfer all $1,300 to the next bank and close the prior account. Rinse, wash, repeat. Quite the loophole. And, yes, it’s all...

Image generated by CariGold Are We in a Crypto Bubble? Key Points Markets love a juicy narrative, and "crypto bubble 2.0" is certainly juicy. Bitcoin (CRYPTO: BTC) sits near $117,000, only a whisker from its all-time high set July 10, while big altcoins, such as Solana (CRYPTO: SOL), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP), have doubled or better since mid-2023. Yet bubble talk is cheap. History punishes investors who sell first and ask questions later, so it pays to look under the hood before slapping the B-word on today's rally. Let's unpack why prices are higher, why the mood is nothing like the euphoria of 2021, and what that means for long-term investors. If you pay careful attention here, it just might save you from...

Image generated by CariGold Key Points When the U.S. railroads finally agreed on a common track gauge, freight stopped piling up at state borders, and rail commerce exploded. In tokenized cryptofinance, compliance tooling is the gauge. If an asset can roll from a private crypto wallet and onto a public blockchain without getting derailed by compliance problems, big volumes of capital will subsequently flow. Enter Chainlink, (CRYPTO: LINK) the data oracle heavyweight that's now launching a suite of fresh compliance tools that could end up setting the standard for the industry. Given XRP's (CRYPTO: XRP) focus on being compliant for institutional investors, it's natural for some investors to suspect that Chainlink's new feature set...

Image generated by CariGold Key Points In the second half of the year, two major cryptocurrencies could see a significant breakout: Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL). While both have sky-high valuations right now, both are worth the risk. Bitcoin Bitcoin remains the top-performing cryptocurrency of the year. It's up nearly 25% in 2025 and just hit another all-time high of $118,856. This is the most expensive Bitcoin has ever been, but analysts continue to suggest that it could almost double in value by the end of the year. The U.K. bank Standard Chartered, for example, just put a $200,000 price target on Bitcoin. Many investors have embraced the idea of Bitcoin being digital gold, viewing it as a potential hedge...

Image generated by CariGold The Smartest Cryptocurrency to Buy With $1,000 Right Now The cryptocurrency market has been heating up since the Trump administration assumed office in January. President Donald Trump campaigned on supporting cryptocurrencies, and his actions have followed through on this promise. He signed an executive order to establish a strategic federal reserve for digital assets and has broadly loosened the regulatory grip on the industry. But when it comes to deciding the smartest cryptocurrency to buy right now, it may still pay to stick with the basics. Most cryptocurrencies are highly speculative investments. That said, Bitcoin (CRYPTO: BTC) appears poised to build on its years of impressive returns. I'll...

Image generated by CariGold Cryptoprivacy on trial: jury to decide if Tornado Cash's Roman Storm is a $1B money launderer or a free speech hero A federal jury in Manhattan is about to get an education in cryptocurrency mixing, the future of "DeFi," and how North Korean dictator Kim Jong Un pays for his nukes. Jury selection begins Monday, and cyberprivacy advocates say the verdict will shape the very future of decentralized finance, or DeFi. That's the blockchain-based system where users can lend, borrow, and earn interest on cryptocurrencies person to person, bypassing banks, exchanges, or the stock market. According to fxstreet.com, an online resource for currency traders, the DeFi market has a market value of about $121 billion...

Image generated by CariGold Prediction: Solana Will Be Worth $500 Within 5 Years Key Points Would you want to invest in a store that gets a lot of paying customers, or one that doesn't? The same principle applies to blockchains, as the chains that collect the most fees are the ones people actually use. Right now the busiest store is Solana, (CRYPTO: SOL) which has raked in more protocol revenue than any other network for three straight quarters and counting. Furthermore, at roughly $150 per coin, its market still prices it like an also-ran rather than a star player. That mismatch between cash coming in and price going out is why I think the token can top $500 within five years. Network revenue and app revenue are winning the day...

Image generated by CariGold 3 Ways Crypto Can Change How You Get Approved for Your Next Home In the digital age, there are lots of factors to consider when buying a house, with one of them being relatively new and uncharted: cryptocurrencies. Bitcoin and other crypto have become highly popular over the last few years, as well as proven themselves to be highly volatile at the same time. So, if you have a significant amount of your finances invested in crypto and want to buy a house, how will it change your chances of getting approved? GOBankingRates asked several experts to weigh in on ways crypto can change approval odds for your next home. Here’s what they had to say: Aid in Mortgage Qualification “This directive creates the rails...

Image generated by CariGold Key Points Stablecoins have emerged as one of the fastest-growing segments of the crypto market. These digital coins are currently valued at over $250 billion and now have the attention of banks, major institutional investors, top retailers, and even the U.S. Treasury Department. Everyone, it seems, is looking for a way to get involved with stablecoins. As a result, "stablecoin summer" has become the new buzz phrase in the crypto world. So why have stablecoins suddenly taken off, and what are some of the best ways to invest in them? New legislation Much of the enthusiasm around stablecoins, which are simply cryptocurrencies pegged 1:1 to the U.S. dollar, can be traced back to passage of major new...

Image generated by CariGold Should You Buy Bitcoin Before 2028? Key Points Gone are the days when Bitcoin (CRYPTO: BTC) was just some esoteric technology that flew under the radar, was viewed as a tool mainly for illicit transactions, and had a highly uncertain future. This is now a legitimate financial asset that carries a market cap of $2.2 trillion, rivaling some of the most valuable companies on Earth. The return speaks for itself. Just in the past three years, Bitcoin's price is up 416% (as of July 10), crushing the stock market's gain. Based on historical trends, the leading cryptocurrency's price is poised to be substantially higher three years from now. Should you buy Bitcoin before 2028? The answer is clear, but it's...

Image generated by CariGold Key Points Wall Street's investment moods might change faster than a beach playlist, but one pattern rarely fails: When fresh institutional money turns up, it chases utility, not memes. That distinction could matter a lot in the next couple of months. Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) may both ride the latest rising crypto tide, yet only one has three new currents pushing it forward. Here's what's happening under Solana's hood right now and why it makes it a shoo-in to outperform Dogecoin. 1. Institutional inflows are on Solana's side The Securities and Exchange Commission (SEC) just ordered would-be issuers of Solana exchange-traded funds (ETFs) to refile their applications by the end of...

Image generated by CariGold AI helped save the chip industry. What happens if it turns out to be a bust? Nvidia is now the first company to surge past $4 trillion in market capitalization, rebounding from its DeepSeek-induced slump earlier this year. Other AI chipmakers, including AMD and China’s Huawei, are reporting strong financial results. Nearly every major chipmaker is now centering its strategy on AI. But what if AI doesn’t work out? This isn’t just a hypothetical question. Some signs suggest that AI growth is stalling, or at least slowing down. New models no longer show significant improvements from scaling up size or the amount of training data. Nobel laureate Demis Hassabis recently noted that “we are no longer getting the...

Image generated by CariGold 5 Most Valuable ‘Error Coins’ Ever Minted — Look for These Misprints As with just about any asset, a coin’s value is determined by its market demand. This means that coins in short supply often see higher demand — and higher values. With coins, supplies are limited either because they are very old, were minted in very limited supplies, or contain errors or other distinctive features that set them apart. Errors are a common feature in valuable coins and can push values up to six figures or higher. You never know when you might come across a valuable error coin, so it helps to know what to look for. Error coins can be divided into the following general categories, according to the Gainesville Coins website...

Image generated by CariGold Stellar Performance From XLM as It Posts Top 24H Percentage Gain Among Top 20 Cryptos On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. If approved, the move would mark the expansion of PYUSD beyond its current availability on Ethereum and Solana. PayPal described Stellar as a blockchain tailored for low-cost, high-speed payments with strong real-world utility. By adding support for Stellar, the company aims to improve the accessibility and usability of PYUSD for payments, cross-border transfers, and financial services. The integration is...

Image generated by CariGold With ChatGPT, you can explain even the most complicated concepts to kids without overwhelming them. This includes the Department of Government Efficiency (DOGE), which is a recent initiative to cut federal spending. What Is DOGE — According to AI GOBankingRates asked ChatGPT the following: “Explain the Department of Government Efficiency (DOGE) like I’m 12.” Here’s what it said: “Imagine the government is like a big school with lots of teachers, principals and staff. Sometimes, the school can be slow, and things don’t always run smoothly because there are too many rules or too much paperwork. The Department of Government Efficiency (DOGE) is like a special team of helpers that comes in to fix that. They...

Image generated by CariGold Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’ Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.” BTCT Moved $1M Into Ethereum Reserve Chief executive officer Siguang Peng said in a press release that Ethereum has “emerged as the foundation of on-chain USD settlement and value transfer.” "By securing an initial $1 million ETH reserve today—and with plans to scale that position—we are proactively positioning ourselves for decentralized finance, stablecoin issuance, and asset tokenization,” Peng said. BTCT plans to grow the reserve as upgrades lift capacity and U.S. rules solidify. BTC...

Image generated by CariGold Pump.fun Swiftly Raises $500M in Public Sale at $4B Fully Diluted Valuation 12 minutes. That’s how long it took for Pump.fun’s token offering to raise roughly $500 million from retail investors across various exchanges, including Bybit, Kraken, and KuCoin. The sale priced 125 billion tokens at $0.004 apiece, implying a $4 billion fully diluted valuation for the Solana-based memecoin launcher’s new utility token. For now, holders must wait to get their hands on the token they bought. Pump.fun said the purchased tokens will land in wallets over the next 48–72 hours and will stay locked until distribution ends, blocking trades or transfers. The team shared the official Solana contract...

Image generated by CariGold Stablecoins keep things steady Stablecoins are a class of cryptocurrencies designed to hold their value relative to a traditional "fiat" currency—often the U.S. dollar. Unlike coins like Bitcoin or Dogecoin, which experience dramatic price swings, stablecoins are meant to deviate only a small fraction of a percent from the currency they are "pegged" to. While other crypto ventures have attempted more complicated mechanisms, Circle maintains USDC’s peg to the U.S. dollar by holding $1 in cash or short-term Treasury papers for every USDC it issues. Any USDC in circulation is redeemable at any time for $1 in cash. The purpose of this mechanism is to provide the benefits of certain cryptocurrencies—like fast...

Image generated by CariGold Coinbase’s Pudgy Penguin Avatar Change, ETF Hopes Ignite 60% PENGU Rally Coinbase broke with its usual blue logo on X, posting a Pudgy Penguins non-fungible token as its profile picture alongside the quip “new pfp, who dis.” Minutes later, PENGU, the native token of the penguin-themed ecosystem, started surging. The token rose more than 60% in the rally before enduring a correction, but it’s still up more than 35% for the week. The official Pudgy Penguins account mirrored the move, sending matching ice-blue avatars gliding across feeds and leading to talk of a partnership between Coinbase and Igloo Inc., the startup that steers the collection. Various crypto-related firms have since changed their profile...

Image generated by CariGold Key Points A stablecoin is a pretty simple idea. It uses a blockchain ledger, like any cryptocurrency, to represent the real-time value of a specific asset. In most cases, stablecoins are tied to a fiat currency such as the U.S. dollar or the euro. That may sound simple and almost boring, but stablecoins are actually a hot topic right now. Let's take a look at the recent surge in stablecoin buzz. Why stablecoins are suddenly everywhere You'll find Circle Internet Group right at the heart of the ongoing stablecoin trend. This company joined the public stock market on June 5. The stock offering was boosted from 24 million shares to 34 million stubs on the eve of the launch. The initial price also rose...