Crypto News

Image generated by CariGold Zanmai India to take over WazirX operations, MAS clears key compliance hurdle India’s top crypto exchange WazirX may finally be on a fast track to unlocking frozen user funds — if a newly filed restructuring plan gets a green light from the Singapore High Court. A fresh affidavit submitted by Nischal Shetty, dated July 4, outlines critical updates that could resolve key objections raised by the Court in early June, particularly around operational clarity and potential regulatory breaches under Singapore’s Financial Services and Markets Act (FSMA). The proposal marks a change in strategy following the court’s rejection of an earlier plan last month. At the heart of the update is a major shift in...

Image generated by CariGold Cameo’s birthday reminder app, Candl, is a weak attempt at a comeback Around this time last year, Cameo hit a significant low point. Its valuation dropped by at least 90%, and the company’s dire financial situation meant it was unable to pay a $600,000 fine from the FTC. Now, the company behind the celebrity greeting app is exploring a new, albeit somewhat dull, avenue for growth. On Thursday, Cameo announced the launch of Candl, a birthday planning app designed for forgetful users who want to celebrate their friends’ birthdays without being late to the party. Candl, available to download for free on the App Store, syncs birthdays from your saved contacts and creates a birthday calendar, allowing you to...

Image generated by CariGold The SEC Opened the ‘Floodgates’ for Crypto ETFs, Experts Say, Marking a New Era for the Industry The Securities and Exchange Commission’s latest guidance bangs the door wide open for an influx of funds exposed to cryptocurrencies like Solana, Ripple’s XRP, and potentially even President Donald Trump’s memecoin, experts told Fortune. The new Trump-appointed SEC chairman Paul Atkins is one step closer to his vision of a decentralized finance movement after the SEC released new guidance this month giving asset managers more details on getting exchange-traded products tied to cryptocurrencies approved by the commission. The move invites an anticipated gush of funds exposed to cryptocurrencies like Solana...

Image generated by CariGold Rumble Taps MoonPay for Crypto Wallet Ahead of Q3 Launch Video-sharing platform Rumble (RUM) struck a deal with crypto payments provider MoonPay for its forthcoming cryptocurrency wallet. The Rumble Wallet, scheduled to go live in the third quarter, will integrate MoonPay’s infrastructure to handle seamless conversions between digital assets and fiat currency. It will let users buy, sell, and swap crypto directly on the video-sharing platform, aiming to give creators more control over how they’re paid. "Rumble Wallet will change the game for creators, and MoonPay is the perfect partner to bring that vision to life,” said Rumble founder and CEO Chris Pavlovski. “We're not just building tools, we're...

Image generated by CariGold Crypto Complacency: What Historic Low Implied Volatility Says About the Market FalconX Global Co-Head of Markets Joshua Lim breaks down why crypto's implied volatility is near historic lows, driving complacency in bitcoin and altcoins. Plus, how major moves in the digital assets industry, including Circle's recent IPO and a series of new corporate treasury buying, are influencing the broader crypto narrative. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/crypto-complacency-historic-low-implied-105730877.html

Image generated by CariGold Prediction: Bitcoin Will Be Worth $1 Million in 10 Years Key Points When viewed as a separate asset, Bitcoin (CRYPTO: BTC) is hands down the best-performing one in the past decade. As of July 7, its price had skyrocketed 40,550% since the same date in 2015. That gain is significantly higher than what the stock market, U.S. Treasuries, or gold did during the same time. Although the returns of the past surely won't repeat, I believe the good times will continue. I predict that this leading cryptocurrency will be worth $1 million per coin in 10 years. See the present clearly Bitcoin has come a long way. What was once a funny internet money that sparked interest among cypherpunks has now become a global...

Image generated by CariGold CEO Tom Gardner: "Look Where Others Aren't Looking" to Beat the Market Over the Next 3 to 5 Years Key Points Want to beat the market? Most investors do. It's just easier said than done. Indeed, the risk and effort needed just to attempt to outperform the market can easily result in your underperforming it. That's why plenty of investors are content to merely match the stock market over the long term by buying and holding index funds. Every now and then, it makes sense to rethink the strategy of simply investing in the market as a whole or owning its obvious leading names. This may be one of these times. That was the key takeaway from a recent interview with The Motley Fool's co-founder and CEO Tom...

Image generated by CariGold Bitrue adds USD1 from World Liberty Financial as base trading pair Cryptocurrency exchange Bitrue has launched USD1 from World Liberty Financial as a base trading pair on its spot exchange, the company announced Tuesday. An initial batch of 10 pairs is now live, with more pairs planned for the future. The exchange will also add WLFI for trading and staking when it becomes available. Assets currently tradable directly with USD1 include BTC, ETH, XRP, SOL, TRX, XDC, ADA, BNB, DOGE, and SUI. USD1 itself is also available for trading paired with USDT. "As an exchange operating since 2018 we’ve been anticipating formal regulations to be implemented for the better part of a decade, and now that the Trump...

Image generated by CariGold Key Points In early June, Circle Internet Group (NYSE: CRCL) went public. It represents a new and exciting way to invest in crypto, with Circle having its own stablecoin, USDC (pegged to the U.S. dollar). It's one of the most popular stablecoins in circulation. The money people pay for the coin enables Circle to then use those deposits to generate interest income. Not only is it a growth play in crypto, but its business model is also fairly safe -- Circle posted a profit last year. As a result, investors have been feverishly buying shares of Circle. Although the stock has given back some gains, its valuation is still incredibly high right now. Has this hot new crypto stock already peaked, or can it still...

Image generated by CariGold Every so often, a respected voice stands up and rattles the cage of conventional wisdom. In early June at a Vision Conference, veteran financial advisor Ric Edelman raised eyebrows by telling investors to load up on crypto, calling for an allocation of 40% for the aggressive, 25% for the merely adventurous, and a baseline 10% for everyone else. These guidelines are miles above the traditional 1% to 5% range many planners still recite when clients ask about how much to invest in Bitcoin. If the idea of handing almost half your nest egg to digital assets makes you queasy, you're not alone. But Edelman's arguments deserve a closer look, and as a result, even cautious investors may conclude that it might make...

Image generated by CariGold Key Points It's been a bit of a mixed bag for the crypto sector this year. The regulatory environment has greatly improved, clearing up gray areas and paving a path for growth. But other factors like the high-interest-rate environment and geopolitical uncertainty have hurt much of the sector. While tokens like Bitcoin and XRP (CRYPTO: XRP) have shined, other tokens like Shiba Inu (CRYPTO: SHIB) haven't fared as well. But anything is possible in the volatile crypto sector, especially with more favorable legislation set to pass and the market forecasting rate cuts. Which cryptocurrency has a better chance of making you a millionaire -- XRP or Shiba Inu? XRP: Potentially a major player in cross-border...

Image generated by CariGold Shiba Inu Smashes Triangle Pattern Against Bitcoin, But Looks Weak Against Dogecoin Shiba Inu's (SHIB) dollar-denominated price hit a one-month high, charting a bullish trend against Bitcoin. However, the outlook against its rival, dogecoin, doesn't look as promising. SHIB has gained 5.2% in the past 24 hours, reaching a high of $0.00001255 on Coinbase, the level last seen on June 12. As of writing, the cryptocurrency teased a breakout into bullish territory above the widely tracked 50-day simple moving average (SMA) at $0.00001242. Key AI insights based on the 24-hour price action SHIB/BTC breakout The SHIB/BTC pair listed on CoinEx, which represents SHIB's BTC-denominated price, rose 3.70% Wednesday...

Image generated by CariGold XRP (XRP) is hovering above a key support at $2.34, and traders are betting on a breakout toward $2.65 in the coming weeks. A move higher would mark the upper bound of a consolidation range that’s held since December 2024, a range that’s seen steady accumulation even as retail interest waned. Arthur Azizov, founder of B2 Ventures, said the token is “likely to move towards a new local high around $2.65” if it continues to hold above current levels. “Since XRP has been in accumulation for quite a long time, the outlook remains positive,” he noted, suggesting that a clean breakout from the range could push the token toward the $4–$6 zone. That view is echoed by other technical analysts, who flag multiple...

Image generated by CariGold PUMP Lingers at 40% Premium Over ICO Price on Hyperliquid Ahead of Pump.fun Token Sale Pump.fun’s official token, PUMP, is trading at a mark price of $0.0056 on derivatives platform Hyperliquid, a value 40% above its upcoming ICO price, as futures begin pricing in demand ahead of the July 12 token sale. The token’s PUMP-USD perpetual pair went live on July 9 following community requests, offering up to 3x leverage. In its first 24 hours, the pair generated $30 million in trading volume, suggesting strong speculative interest despite the token not yet being live on-chain. Open interest stood at over $17 million as of Asian morning hours Tuesday, but activity is expected to accelerate after Binance Futures...

Image generated by CariGold A bizarre yet high-stakes question — “Will Volodymyr Zelenskyy wear a suit before July 1?” — became one of the most talked-about events on prediction platform Polymarket this week. The market saw over $240 million in volume, and when the market resolved to “No,” despite wide public reporting and photo evidence, many participants were left shocked, sparking an intense debate over how these outcomes are decided. The market rules were simple: for a “Yes” outcome, Zelenskyy needed to be “photographed or videotaped wearing a suit between May 22 and June 30, 2025,” and the footage had to be confirmed by “a consensus of credible reporting.” If not, the result would be “No.” ‘Crystal clear’ consensus, yet a...

Image generated by CariGold Ether, Dogecoin Lead Crypto Gains as Firms Signal 'Prime' Breakout Chance for Market Crypto prices extended their rally on Thursday, with Ether and Dogecoin leading the charge, as a combination of supportive risk sentiment and growing political momentum around digital asset legislation helped push markets higher. Bitcoin hovered near its all-time high at $112,000, while Ether surged past $2,780, up nearly 7% over 24 hours. Dogecoin jumped 6%, with broader majors like Solana and XRP also gaining. The CoinDesk 20, a liquid index tracking the largest tokens by market capitalization, minus stablecoins, rose over 2%. Onchain analysis firm Santiment noted that retail trader-based wallets were seemingly absent...

Image generated by CariGold Bears Lose $400M to Liquidations, Largest Since May, as BTC, ETH, SOL Spike Higher A sharp rally in crypto majors over the past 12 hours triggered the largest wave of liquidations since May, wiping out more than $460 million in short positions. Bitcoin (BTC) surged past $111,000, ether (ETH) jumped nearly 7% to above $2,700, and Solana’s SOL climbed above $158, catching traders betting against the move completely offside. More than 114,000 traders were liquidated, with combined losses topping $527 million, according to data from Coinglass. Of that, $463 million came from short positions — or leveraged bets that the market would go lower — while only $64 million came from longs. The single largest...

Image generated by CariGold Asia Morning Briefing: Nvidia’s Rally to $4 Trillion Might Have Helped BTC, But Correlation Is Waning Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. Nvidia's ascent to a historic $4 trillion market cap, the first-ever company to achieve this milestone, might be exactly the catalyst bitcoin (BTC) needed to break out of its tightly coiled trading range and surge toward new all-time highs, addressing analysts' concerns that the crypto market lacked a clear driver. BTC is currently trading at $110,900, according to CoinDesk market data, after rallying during the U.S...

Image generated by CariGold China Industry Body Warns Against Illegal Fundraising Risks Involving Stablecoins SHANGHAI (Reuters) - An industry body in China warned against illegal fundraising risks involving stablecoins amid a market frenzy over cryptocurrencies and digital assets. The Beijing Internet Finance Association said in a statement late on Wednesday that some unscrupulous institutions and individuals have been luring investors into stablecoin and other crypto schemes that promise high returns under the guise of financial innovation. "High returns and high risks go hand in hand," the association said, urging investors to be vigilant and to stay away from unauthorised crypto projects. Stablecoins are digital tokens pegged...

Image generated by CariGold Australia takes another step toward a central bank digital currency SYDNEY (Reuters) - Australia's central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a range of industry partners pursuing projects using real money and assets for the first time. The Reserve Bank of Australia said its "Project Acacia" initiative would test 19 pilot cases involving money and assets, along with five proof-of-concept use cases involving simulated transactions. The trials involve a range of asset classes, including fixed income, private markets, trade receivables, and carbon credits. Proposed settlement assets include CBDCs, stablecoins, and bank...