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Bitcoin hits $113k all-time-high but analyst predicts $200k
Image generated by CariGold Bitcoin hits $113k All-Time High but Analyst Predicts $200k Bitcoin hit a new all-time high (ATH) of $113,833.84 on July 10. It's the first time that the cryptocurrency's price has surpassed the $113,000 mark in its short history of 16 years. The daily MACD has just turned positive. Last week, the blue line moved above the signal line, and the green bars (histogram) are rising, indicating that momentum is growing. If it continues above the +1,400 region, it will lead to strong price rallies. With a new high in Bitcoin, the previous high was at $111,970 and is now the support level. If that level is breached, the next critical level to watch is $109,000. As long as the MACD continues to rise, a pullback to...
Robinhood users in U.S. can now stake ETH and SOL for just $1
Image generated by CariGold Robinhood Markets (Nasdaq: HOOD), the platform offering stocks and crypto trading, announced the launch of staking in the U.S. on July 10. Customers can stake Ethereum and Solana on Robinhood Crypto with as little as $1 of crypto, the exchange said. Crypto staking is the process of locking up your cryptocurrency as collateral on a blockchain to help run the operations of that network. In return, you earn rewards on your staked crypto assets. Robinhood said that its U.S. customers can stake ETH and SOL to earn rewards automatically with scheduled payouts. Users can expect competitive annual percentage yield (APY) on their staked crypto assets. APY refers to how much you can earn in annual rewards from...
$MBG Token Pre-Sale Set for July 15 — Only 7 million Tokens Available at $0.35
Image generated by CariGold $MBG Token Pre-Sale Set for July 15 — Only 7 Million Tokens Available at $0.35 Dubai, United Arab Emirates, July 10th, 2025, Chainwire MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, has confirmed that its highly anticipated $MBG Token pre-sale will go live on July 15, with demand expected to be intense. With only 7 million tokens up for grabs at an exclusive entry price of $0.35, this presents a rare opportunity to secure early access to what many are calling the year’s most powerful utility asset. Early participants can join simultaneously on MultiBank.io, the Group’s regulated crypto exchange, and Uniswap, the world’s leading decentralized platform...
Why Dogecoin Is Soaring Today
Image generated by CariGold Why Dogecoin Is Soaring Today Dogecoin (CRYPTO: DOGE) is on the rise today, up 7.3% over the past 24 hours as of 3 p.m. ET. The rise comes as the S&P 500 gained 0.3% and Bitcoin gained 1.9%. More crypto assets for this small company Though Thumbzup is a very small company with a market capitalization of just $90 million, the news is market-moving because President Donald Trump's son, Donald Jr., just took a significant stake in the company. The new direction Thumbzup has chosen, accumulating Bitcoin as a major treasury asset through equity sales and taking on debt, follows in the footsteps of Michael Saylor's MicroStrategy and several other companies. It seems Thumbzup believes there is value in moving...
Mockly made a fake DM generator that’s actually user-friendly
Image generated by CariGold Mockly made a fake DM generator that’s actually user-friendly Developer Maurice Kleine shipped a web app on Thursday that could be either a boon for meme-making or the bane of your existence, depending on how you look at it. Mockly can generate believable images of fake conversations on apps like iMessage, Discord, Instagram, X, Tinder, WhatsApp, and more. Tools like Mockly have existed since the dawn of instant messaging, but they generally aren’t the most user-friendly apps — many of the results when you Google “fake iMessage generator” are those websites where there are three download buttons, and you have to guess which one is real and which are ads that potentially contain malware. Mockly manages to...
Bitcoin touches another fresh all-time high above $113,000
Image generated by CariGold Bitcoin touches another fresh all-time high above $113,000 Bitcoin just broke through its second all-time high in less than 24 hours. The price of the world's biggest cryptocurrency climbed more than 4% around 2 p.m. ET to hit a record of $113,822. It's the second time in two days that the crypto has notched a new all-time high, briefly surpassing the $112,000 mark on Wednesday before paring gains. The digital currency is now up 21.3% from levels at the start of the year. Bitcoin's swift climb has come alongside a broader shift in sentiment as traders recover from Monday's fresh tariff talk from President Donald Trump. Major indexes on Thursday were teetering near record highs, with earnings season on the...
Bitcoin surges to new highs above $113,000 as investors go risk on
Image generated by CariGold Bitcoin surges to new highs above $113,000 as investors go risk on Bitcoin (BTC-USD) vaulted to a fresh all-time high Thursday, breaking above $113,000 amid a wave of bullish momentum across risk assets. The token's price action coincides with AI giant Nvidia’s (NVDA) surge to a $4 trillion valuation, highlighting crypto's tie with tech. The tech-heavy Nasdaq Composite (^IXIC) hit a fresh record on Wednesday, and the S&P 500 (^GSPC) was headed that way on Thursday. "Historically, Bitcoin has remained highly correlated with tech stocks, and this correlation is still playing out," Nic Puckrin, crypto analyst and founder of the Coin Bureau, wrote on Thursday morning. Year to date, the token is up roughly...
Ripple CEO makes surprising trillion-dollar prediction on stablecoins
Image generated by CariGold Ripple, the San Francisco-headquartered blockchain tech and crypto payments company, has been making waves of late. The firm applied for a national banking license and a Federal Reserve master account, it announced in early July. It also entered into a partnership with the Bank of New York (BNY), as per which America's oldest bank will act as the primary custodian for the reserves supporting Ripple's stablecoin, RLUSD. Ripple CEO Brad Garlinghouse is very enthusiastic about the future of stablecoins. The industry is worth around $250 billion in market capitalization, and many people think it will reach $1-$2 trillion in "a handful of years," Garlinghouse said on July 9. As per DeFiLlama, the stablecoin...
IRS to back down on controversial broker rule
Image generated by CariGold IRS to back down on controversial broker rule As per a July 10 report by Bloomberg, the Treasury Department cut a proposed set of crypto reporting rules after Congress voted to repeal them earlier in the year. The regulation (TD 10021, RIN 1545-BR39), outlined under Section 6045, specified how decentralized crypto exchanges, or DeFi exchanges, would report the customer transaction information to the US government for tax purposes. This action follows Congress’s earlier repeal, through the Congressional Review Act, which overturned the revised IRS rule that broadened the definition of “broker” to include DeFi platforms. Approved last December 2024, the rule would have treated both centralized and...
Will Affirm Be a Long-Term Winner in a Crowded Fintech Space?
Image generated by CariGold Affirm Holdings, Inc. AFRM has established a distinct position in the bustling Buy Now, Pay Later (BNPL) market by focusing on transparency, catering to high-ticket purchases, and offering flexible financing options. But as the fintech landscape grows and rivalry intensifies, the company is transforming its strategy to tackle the growing competition in the fintech and BNPL space. While it used to be primarily associated with financing larger purchases like Peloton bikes, travel bookings, or fancy electronics, AFRM is now teaming up with smaller, everyday buys. Its recent collaboration in low-ticket purchases includes Costco and World Market. This shift in strategy shows the company’s aim to attract a wider...
Coinbase partners with Perplexity AI to deliver real-time market data
Image generated by CariGold Coinbase Global (Nasdaq: COIN), the largest crypto exchange in the U.S., has teamed up with Perplexity AI to provide real-time data on the crypto market. The exchange's co-founder and CEO, Brian Armstrong, said the first phase of the partnership starts today on July 10. Perplexity AI is a search and answer engine that uses AI to give users accurate information in real time through natural language queries. Phase 1 Integration In Phase 1, Coinbase's market data, including the COIN50 index, will be integrated into Perplexity's Comet browser. This would let users do in-depth market analysis. Users can learn more about why prices change and make better decisions about when to trade. Armstrong pointed out a...
Bitcoin hits fresh record high
Image generated by CariGold Bitcoin Hits Fresh Record High NEW YORK (Reuters) - Bitcoin rallied to a fresh all-time high on Thursday, helped by rising demand from institutional investors as well as friendly policies of the administration of U.S. President Donald Trump. The world's largest cryptocurrency rose to a fresh record high of $112,743.49. It was last up 1.7% at $112,621.63. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/bitcoin-hits-fresh-record-high-165724637.html
Binance Founders’ $10 Billion Fund Backs US Crypto Listing Bid
Image generated by CariGold Binance Founders’ $10 Billion Fund Backs US Crypto Listing Bid YZi Labs, the family office of Binance co-founders Changpeng Zhao and Yi He, will back investment firm 10X Capital’s plan to set up a publicly traded company in the US to invest in BNB, a token linked to the crypto exchange the pair started. YZi Labs, which oversees about $10 billion in assets, will “support” 10X Capital in establishing the BNB treasury company, 10X Capital said in a statement, without giving further details on the arrangement. YZi Labs said in an email that details on the size of the fundraising “are not available for disclosure at this time,” while 10X Capital didn’t respond to a request for comment. The new entity will be...
Why Shiba Inu Is Surging This Week
Image generated by CariGold Why Shiba Inu Is Surging This Week Key Points Since last Friday, the price of meme token Shiba Inu (CRYPTO: SHIB) traded nearly 10% higher, as of 11:48 a.m. ET Thursday. There's no obvious reason for the move, but a few things could explain it. A Crypto Bounce The broader crypto sector is enjoying a nice week of gains. The price of Bitcoin, the world's largest cryptocurrency, hit a new all-time high above $112,000 per token. While Shiba Inu has struggled this year, it's historically moved with the broader crypto market, but usually with more volatility. This year has been more of a mixed bag, with tokens like Bitcoin flying, but other tokens like Ethereum down about 17% this year. Shiba Inu is an ERC-20...
HCW downgrades Coinbase to Sell, says rally has run ahead of fundamentals
Image generated by CariGold HCW Downgrades Coinbase to Sell, Says Rally Has Run Ahead of Fundamentals Investing.com -- HC Wainwright has downgraded Coinbase (NASDAQ:COIN) to Sell from Buy. The firm's assessment is based on a 150% rally in the stock over the last three months that has exceeded underlying fundamentals. Analysts caution that the stock might face pressure as the second-quarter results approach. Even with a positive outlook on crypto and considering Coinbase a “best of breed” exchange, the recent surge in Coinbase's stock, now trading at record highs and nearly 56 times the 2025 consensus earnings, appears to be overblown. This upgrade is attributed to excitement surrounding Circle’s IPO and the U.S. Senate's approval of...
Stablecoins go mainstream after Circle's blockbuster IPO. Here's what they do.
Image generated by CariGold Since its June 5 trading debut, stablecoin issuer Circle's (CRCL) stock has climbed more than 500%. The rising provider has issued over $61 billion worth of its stablecoin USD Coin (USDC-USD), making it the world's second largest in today's $253 billion stablecoin market. On June 30, Circle announced that it applied to establish a national trust bank charter called First National Digital Currency Bank, N.A. If approved, it would be another step toward integrating stablecoin into traditional banking and financial markets. Here’s a look at how stablecoins work and how they've risen to prominence today. What are stablecoins? Stablecoins are a type of cryptocurrency whose value aims to mirror that of...
Bitcoin Depot Surges 250.6% YTD: Is it Too Late to Buy BTM Stock?
Image generated by CariGold Bitcoin Depot Surges 250.6% YTD: Is it Too Late to Buy BTM Stock? Bitcoin Depot Inc. BTM shares have skyrocketed 250.6% this year, significantly outperforming the industry, the Zacks Finance sector, and the S&P 500 index. Additionally, the stock has performed extremely well compared with its close peers — Coinbase Global, Inc. COIN and BTCS, Inc. BTCS. Factors Supporting Bitcoin Depot Stock Organic Growth Efforts to Support Revenues: Bitcoin Depot’s revenues have been growing in the past couple of years. Though the metric declined in 2024, it rose in 2023. Revenues continued to increase during the first quarter of 2025 on a year-over-year basis. Bitcoin Depot has been driving revenues primarily through...
WPP Names New CEO as Ad Giant Looks to AI Growth
Image generated by CariGold WPP Names New CEO as Ad Giant Looks to AI Growth U.S.-listed shares of WPP (WPP) made a slight comeback from yesterday's big selloff when the advertising giant chose Microsoft (MSFT) executive Cindy Rose to be its new CEO, as the firm moves to deal with the rising use of artificial intelligence in the industry. Rose will take over from Mark Read on Sept. 1. The company announced last month that Read would be stepping down on Dec. 31 after seven years at the helm. In today's statement, it didn't explain why that date was moved up. Rose has spent the past nine years in senior roles with Microsoft, where she is currently Chief Operating Officer, Global Enterprise. WPP noted that she "helps the world's...
Bitcoin Price Levels to Watch After Cryptocurrency Hits First Record High Since May Key Takeaways Bitcoin (BTCUSD) powered past $112,000 to another record high yesterday, its first since late May, before consolidating in early trade on Thursday. In recent months, the cryptocurrency has received a boost from more companies adding it to their corporate treasuries and lawmakers working towards passing pro-crypto legislation. Bitcoin trades nearly 50% above its early April low and has gained 19% on the year, roughly matching the returns of Nvidia (NVDA) and Microsoft (MSFT) over the same period. Below, we take a closer look at the technicals in bitcoin’s chart and identify major price levels worth watching out for. Descending Channel...
Jack Ma-Backed Ant to Add Circle’s Stablecoin to Global Net
Image generated by CariGold Jack Ma-Backed Ant to Add Circle’s Stablecoin to Global Net Bloomberg -- Jack Ma-backed Ant Group Co. is working with Circle Internet Group Inc. to adopt its stablecoin on the Chinese fintech company’s blockchain platform, according to people familiar with the matter. Ant International, the company’s global unit, is planning to incorporate Circle’s USDC coin on its blockchain platform after the asset becomes compliant in the US, the people said, requesting not to be named because the matter is private. The exact timeline has yet to be determined, the people added. Stablecoins are gaining more acceptance after the US Senate passed legislation in June setting up rules for cryptocurrencies pegged to the...
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