Crypto News

Image generated by CariGold XRP Futures Open Interest Zooms to 5-Month High as Traders Seek Bullish Bets Futures tied to XRP are flashing positive signals as the payments-focused cryptocurrency looks to build bullish momentum. On Monday, cumulative open interest in XRP perpetual futures listed on major exchanges briefly rose to 800 million XRP, the most since Jan. 19, according to data source Velo. The platform tracks activity in USDT and USD perpetuals listed on Binance, Bybit, OKX and Hyperliquid. Cumulative open interest is currently 743 million XRP, still 33% higher than on June 22, when XRP put in an interim price bottom at $1.90. Open interest refers to the number of futures contracts open or active at a given time. An...

Image generated by CariGold The TON golden visa offer was never about residency. It was about crypto's identity crisis. This past weekend, The Open Network (TON) made an announcement that staking $100,000 worth of Toncoin for three years and paying a $35,000 processing fee, individuals could become eligible for a 10-year golden visa to the United Arab Emirates. The message was clear—crypto wasn't just about finance anymore. It was now offering life-changing, government-backed privileges. Or so it seemed. The proposal promised a streamlined pathway to residency — under seven weeks from submission to approval — along with annual staking yields of 3% to 4% and visa coverage for immediate family members. It was billed as an “investment...

Image generated by CariGold Over 75% of traders expect Q2 GDP growth to exceed 2% More than 75% of the traders on Polymarket, the crypto-based prediction market, have a rather optimistic outlook on the U.S. economy and have bet on the country's gross domestic product (GDP) growth rate hitting more than 2% during the second quarter this year. Launched in 2020 and headquartered in Manhattan, New York City, Polymarket is the world’s largest prediction market. The platform lets traders place bets on an array of events using cryptocurrency. The expectation of the Polymarket traders is rather optimistic, given the fact that the real GDP decreased at an annual rate of 0.5% during Q1 2025, as the Bureau of Economic Analysis (BEA) reported...

Image generated by CariGold Real Estate Firm Murano to Build Bitcoin Treasury With $500M Equity Deal Murano Global Investments, a Nasdaq-listed real estate firm that owns hotels across Mexico, said it's building a bitcoin BTC treasury strategy and mulls ways to integrate the largest cryptocurrency into its operations. The $800 million market cap company slipped a bit more than 1% in trading Monday after announcing the news. The firm has entered into a standby equity purchase agreement (SEPA) worth up to $500 million, with plans to use the proceedings "primarily" to invest in BTC, according to a press release. The company said it will continue to operate its hotels and real estate development businesses, while exploring initiatives...

Image generated by CariGold Can I use my credit card to pay someone else's credit card bill? In short — yes, it is possible to pay someone else's credit card bill with your credit card, but the process isn't straightforward. You typically can’t directly transfer funds from your credit card to another credit card, whether your own or someone else’s. Taking out a cash advance or doing a balance transfer is possible, but we don’t recommend cash advances because of high fees and interest rates. A balance transfer could make sense if you can save on interest with a 0% APR credit card. To pay off someone else’s credit card debt, consider offering a loan with specific repayment terms or using a balance transfer credit card if your bank...

Image generated by CariGold 5 Best First Steps for New Investors, According to Self-Taught Pros Everyone knows that the best way to start something is to start something. Still, we are cautious to begin a process when we aren’t sure what we’re doing and what the outcome will be. When it comes to investing, beginners tend to overthink things because of the value people place on money and the stigma attached to losing it. As the host of “The Personal Finance Podcast,” Andrew Giancola invited self-taught pros Dave Ahern and Andrew Sather — the team behind the popular “Investing for Beginners” podcast and website — to his podcast to talk about trading basics and the psychology behind investing. Here are five best first steps for a...

Image generated by CariGold Strategy Posts $14 Billion Unrealized Gain in Second Quarter (Bloomberg) -- Michael Saylor’s Strategy registered an unrealized gain of $14.05 billion in the second quarter due to a rebound in Bitcoin’s price and a recent accounting change. The unrealized gain was partially offset by a related deferred tax expense of $4.04 billion, the company said in a US Securities and Exchange Commission filing on Monday. This is the first week the company formerly known as MicroStrategy Inc. has not purchased additional tokens since April. Strategy owns about $65 billion in Bitcoin, making it the largest corporate holder of the cryptocurrency. Saylor has transformed the once floundering enterprise software maker into...

Image generated by CariGold AllUnity obtains EMI licence from BaFin for Euro stablecoin AllUnity has secured an e-money institution (EMI) licence from the German Federal Financial Supervisory Authority (BaFin). The authorisation enables AllUnity to introduce Germany's BaFin-licenced Euro stablecoin, called EURAU, in compliance with the markets in crypto-assets regulation (MiCAR) framework. The new stablecoin, EURAU, is said to maintain full collateralisation, with "proof-of-reserves" and regulatory reporting, the company claimed. It is designed to facilitate cross-border settlements and can be integrated into the systems of regulated financial institutions, fintechs, and enterprise clients across Europe and beyond. AllUnity CEO...

Image generated by CariGold The fireworks between D.C. and Silicon Valley are just starting Happy Monday, Fortune Tech Editor Alexei Oreskovic here today, pinch-hitting for Leo. As Americans celebrated a long Independence Day weekend, they were treated to a few noteworthy displays of festivity and fireworks in the ever-fascinating relationship between Silicon Valley and Washington, D.C. On the festive side, venture investors and startup founders cheered a provision in the Trump tax and spending bill that broadens capital gains tax exemptions for stock sales at certain small businesses. The changes to the Qualified Small Business Stock program mean that owners and investors in a domestic “C” corporation with assets up to $75 million...

Image generated by CariGold CoreWeave to Buy Crypto Miner Core Scientific in $9 Billion Deal AI data center firm CoreWeave announced that it would acquire crypto miner Core Scientific in an all-stock deal valued at approximately $9 billion. The offer reflects a $20.40 per share value, implying a premium of nearly 66% compared to Core Scientific stock's close before the potential deal talks were first reported. The deal is expected to be finalized in the fourth quarter, with the final price determined at that time. DEI Proposals at S&P 500 Firms Support for DEI proposals among S&P 500 companies ranged from 0.1% to 43.9%, according to Freshfields research. Proposals against DEI initiatives mostly received support below 2%. Freshfields...

Image generated by CariGold Analysis-US SEC's Guidance on Crypto ETFs New U.S. Securities and Exchange Commission guidance on disclosure requirements for exchange-traded products tied to cryptocurrencies marked the first step toward approval of dozens of applications for ETFs linked to various cryptocurrencies. The guidance, issued last Tuesday, signaled a shift in how the top U.S. markets regulator deals with the crypto sector. The SEC has launched a task force to draft new regulations, refocused its crypto enforcement team, and paused or walked away from high-profile enforcement cases. The 12-page document represents the initial framework for crypto funds that SEC staff members are developing. Asset managers also anticipate...

Image generated by CariGold Should You Buy XRP While It's Under $4? Key Points XRP's (CRYPTO: XRP) price has swung between a low of $0.39 and a high of $3.40 over the past 52 weeks. A year ago, XRP still faced an uncertain future as its lengthy legal battles against the Securities and Exchange Commission (SEC) dragged on. However, the bulls rushed back as most of those regulatory headwinds dissipated in late 2024. Declining interest rates and President Donald Trump's crypto-friendly stance drove its price even higher. XRP subsequently pulled back and now trades at around $2.20 per token, and it remains more than 40% below its all-time high of $3.84 in January 2018. Should investors still buy XRP now and expect it to soar to new...

Image generated by CariGold Is JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) a Strong ETF Right Now? A smart beta exchange traded fund, the JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) debuted on 01/07/2015, and offers broad exposure to the Broad Emerging Market ETFs category of the market. What Are Smart Beta ETFs? Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. But, there are some...

Image generated by CariGold Key Points People who enter retirement with savings generally have to work hard to get that point. After all, your IRA or 401(k) isn't going to fund itself. But after pushing yourself to build up a nice amount of retirement savings, the last thing you want is for your nest egg to run out of money while you're still alive. That's why it's so important to establish a safe withdrawal strategy. Many financial experts will tell you to follow the 4% rule in that regard. With the 4% rule, you withdraw 4% of your savings balance your first year of retirement and then adjust future withdrawals based on inflation. Following the 4% rule gives you a strong likelihood of your money lasting for at least 30 years...

Image generated by CariGold Could a $10,000 Investment in Cardano Turn Into $1 Million by 2035? Key Points Turning a modest stake into a life-changing fortune is every crypto investor's favorite daydream, and it's a daydream for a reason. Cardano (CRYPTO: ADA) has long been marketed as a research-driven "third-generation" blockchain that might one day join the industry's elite. For anyone holding $10,000 worth of ADA today, the question is whether a decade is enough time for that bet to blossom into $1 million. But hope is not a strategy. Cardano's current fundamentals, its slow pace of execution, and the scale of its competition all stand between today's price and a 100x return. Let's investigate the odds here, and determine what...

Image generated by CariGold Could This Be the Best Reason to Buy Tesla Stock Hand Over Fist? (Hint: It's Not Robotaxis.) Key Points Tesla (NASDAQ: TSLA) fans should find it easy to identify reasons to buy the stock. For one thing, its shares remain roughly 34% below the previous high. Anyone who believes in Tesla's long-term growth prospects will likely view this as a great opportunity to buy the stock at a discount. One prominent Tesla bull, Ark Invest founder and CEO Cathie Wood, thinks the autonomous ride-hailing (robotaxi) market makes the stock a fantastic investment opportunity. However, there's a good case to be made that there's an even better reason that makes Tesla a stock to buy hand over fist right now. Bigger than...

Image generated by CariGold Key Points Sprinting races and marathons both cover distance, but using the strategy that works in one will wreck you in the other. Crypto investors chasing "millionaire-maker" coins often confuse the two, buying a meme coin sprinting across social media. Two perennial favorites in this conversation are Dogecoin (CRYPTO: DOGE) and XRP (CRYPTO: XRP). Both have cult followings and large market caps, yet only one is building the muscle needed for a long haul. Let's see which, if either, has the special sauce to make investors into millionaires, and then separately answer the question of whether either deserves a slot in a sensible portfolio. Dogecoin's upside is only limited by investor enthusiasm Dogecoin...

Hyperliquid Trader Qwatio Loses $3.7M This Week on Extreme Bitcoin, Ether Shorts One ultra-leveraged Hyperliquid trader has been liquidated five times over the weekend and has lost nearly $3.7 million in the past week with aggressive bitcoin (BTC) and ether (ETH) shorts, according to on-chain data. Qwatio, a heavily leveraged Hyperliquid trader in the style of James Wynn, has been opening short positions on BTC and ETH when the tokens are at sessional lows. This move is a flip from his strategy earlier this year when he traded BTC and ETH via aggressive longs. Qwatio first got on the radar of Crypto Twitter when they opened a 50x leveraged BTC and ETH bet worth $200 million in the hours before U.S. President Donald Trump signed an...

Image generated by CariGold Metaplanet Picks Up Additional 2,205 BTC, Holdings Now Cross 15,555 Bitcoin Japan-based Metaplanet has acquired an additional 2,205 bitcoin (BTC) as part of its ongoing Bitcoin Treasury strategy, bringing its total holdings to 15,555 BTC per a new disclosure on Monday. The latest purchase was made at an average price of 15.64 million yen per bitcoin, totaling approximately 34.49 billion yen ($213 million). This pushes Metaplanet’s aggregate BTC investment to 225.82 billion yen ($1.38 billion), with a blended average purchase price of 14.52 million yen per BTC. Metaplanet utilizes a custom metric, called BTC Yield, to track shareholder value in relation to dilution. For the quarter ending June 30, the...

Image generated by CariGold 'America Party' to Embrace Bitcoin, Elon Musk Says Fiat is Hopeless Elon Musk's newly launched "America Party" will embrace Bitcoin, the billionaire tech mogul confirmed. On July 6, an X user with the handle @RenatoLima_X asked Musk if America Party will embrace Bitcoin, to which the billionaire responded, "Fiat is hopeless, so yes." Earlier, Musk hinted at stacking Bitcoin by liking a comment on X. Reactions from the crypto community poured in as soon as Musk dropped the breaking announcement. Crypto entrepreneur Brandon Turp called Musk "King" in appreciation of the latest move. Ben Pham, CFO at Bitcoin-focused fund management firm Strive Funds, commented, "Save in Bitcoin, save the people, save a...