Crypto News

Image generated by CariGold Key Points The USDC (CRYPTO: USDC) cryptocurrency is a robust and interesting stablecoin. It has been around since 2018, chiefly adding stability and smoother dollar-to-crypto conversions (and vice versa) to the popular Coinbase (NASDAQ: COIN) trading platform. USDC manager Circle Internet Group (NYSE: CRCL) joined the public stock market just last month, boosting the stablecoin backer's cash reserves and giving investors more clarity into how the cryptocurrency is managed. USDC is more of a financial tool than an investment vehicle, since its value rarely strays far from $1.00 dollars per coin. Still, you might hold some USDC to generate a solid interest income, currently pegged to 4.1% a year on...

Image generated by CariGold My Smartest Dividend Stock to Buy Today Key Points Investors looking within the consumer staples sector for a quality dividend stock will often choose Coca-Cola. And understandably so. Not only are the brands of the beverage industry's biggest name well-established, but its dividend track record speaks for itself. Not only has the company made its quarterly payments like clockwork for decades, it has raised its annual payouts for 63 consecutive years. If I were going to invest $1,000 in a dividend stock today, however, it wouldn't be Coca-Cola. I'd opt for rival PepsiCo despite its recent woes. In my view, the issues it faces are only short-term challenges that have created a fantastic long-term buying...

Image generated by CariGold Where Will XRP (Ripple) Be in 5 Years? Cryptocurrencies are often unpredictable. XRP (CRYPTO: XRP) is a prime example of this quality. An ominous lawsuit started weighing on the cryptocurrency in December 2020. The suit started to wind down in the first half of 2024, and the Ripple Labs organization launched an XRP-based stablecoin. You'd think the cryptocurrency would soar on the news, but it took a steep dive instead. Then the 2024 elections came along. A more crypto-friendly White House signaled the end of XRP's legal issues, and the cryptocurrency suddenly made up for lost time. Here in early July 2025, XRP's 5-year returns finally match the Bitcoin (CRYPTO: BTC) standard. But that's ancient history...

Image generated by CariGold Bitcoin Whales Wake Up From 14-Year Slumber to Move Over $2B of BTC When a large whale moves in the sea, it creates ripples across the water. Similarly, when a large bitcoin (BTC) holder, often referred to as a crypto whale, moves its coins on-chain, that creates buzz on social media, prompting observers to wonder if it's a prelude to a sale and downside price volatility. Early Friday, two wallets, labelled "12tLs...xj2me" and "1KbrS...AWJYm," moved 20,000 BTC, worth over $2 billion, to new addresses. These flows were first noted by blockchain sleuth Whale Alert, and later by Lookonchain. The addresses received these coins on April 3, 2011, when bitcoin was priced at around 78 cents. Today, BTC is over...

Image generated by CariGold A recently launched crypto ETF in the U.S., which offers diversified exposure to digital assets along with options income, is gaining traction in a sign that investors are looking beyond traditional, single-spot-focused products. The Nicholas Crypto Income ETF (BLOX), an actively managed ETF designed for diversified exposure to the digital assets ecosystem while generating additional income via options strategies, went live on the NYSE on June 17. The ETF is the latest addition to the XFUNDS by Nicholas Wealth suite. Since then, the ETF has registered a net inflow of around $4.52 million, according to data source VettaFi. BLOX's website puts the total net assets at $4.9 million. "The options income space...

Image generated by CariGold Wall Street’s hottest debate pits Jim Chanos against Michael Saylor One of Wall Street’s most prominent skeptics, short seller Jim Chanos, is ramping up his criticism of Wall Street’s most popular bitcoin trade: Michael Saylor’s Strategy (MSTR). “It makes kind of no sense,” Chanos said in a recent interview on Bloomberg's "Odd Lots" podcast, the latest in a series of public comments taking aim at the market frenzy surrounding Saylor’s company. Saylor has turned a business intelligence software firm into a bitcoin juggernaut by using a combination of debt and equity to add tons of the world’s largest cryptocurrency to his company’s balance sheet. Strategy now holds 597,325 bitcoins worth roughly $64...

Image generated by CariGold Key Takeaways Robinhood Markets recently announced that it would offer European users the opportunity to trade “stock tokens” and would give away $5 worth of “tokenized” stock in two major private companies, OpenAI and SpaceX, to eligible investors. OpenAI disavowed the offering, clarifying that these tokens do not represent OpenAI equity and stating that they were not involved and do not endorse the initiative. They advised investors to exercise caution. Robinhood CEO Vlad Tenev explained that while the tokens aren’t technically equity, they provide retail investors with exposure to these private assets. A spokesperson added that the tokens offer indirect exposure facilitated by Robinhood’s ownership...

Image generated by CariGold Amber International Holding (AMBR), a crypto trading firm and Amber Group subsidiary, said it raised $25.5 million in a private placement to expand its $100 million Crypto Ecosystem Reserve, a fund designed to support strategic growth across blockchain networks. The raise, announced Thursday, was priced at $10.45 per share, which is a 5% discount to the company’s three-day volume-weighted average trading price and drew participation from Pantera Capital, CMAG Funds, Kingkey Financial International, and others. The company issued over 12 million Class A shares, equal to about 2.44 million ADSs, on Nasdaq. Amber International launched the reserve earlier this year to make long-term bets on blockchain...

Image generated by CariGold Key Points BitMine Immersion Technologies (NYSEMKT: BMNR) stock posted another day of explosive gains in Thursday's trading -- ending the session up 130.8%. The company's share price is up roughly 2,450% over the last week. News that Wall Street strategist Tom Lee is joining Bitmine in a push to make Ethereum's Ether token central to Bitmine's crypto holdings has helped kick off a massive rally for the stock. In conjunction with the company naming Lee as chairman of its board of directors, the company announced that it was raising $250 million in a private funding round. BitMine's massive rally continues BitMine stock began rocketing higher Monday after Tom Lee's board appointment and the massive funding...

Image generated by CariGold Trump's ‘big, beautiful bill’ passes Congress with 90% odds of U.S. debt exceeding $38T The House of Representatives passed President Donald Trump's flagship "big, beautiful bill" in a vote of 218–214 on July 3. The bill, which contains sweeping tax cuts, will next be sent to Trump's desk for him to sign. Nearly all the leading cryptocurrencies were in the green following the passage of the bill in Congress. Though Trump has pursued an aggressive pro-crypto agenda since entering the White House for the second term in January, his flagship "big, beautiful bill" has drawn criticism from many of his supporters, including crypto billionaires. Elon Musk, who once supported cryptocurrencies such as Bitcoin...

Image generated by CariGold Sui Reclaims $3 After Week-Long Rally Sparked by Lion Group’s Treasury Plans Sui (SUI) is trading at $3, up about 4% in the past 24 hours, as the token continues to rally following an announcement by Lion Group Holding Ltd. (LGHL) that it intends to acquire SUI tokens as part of a broader $600 million crypto treasury strategy. The strategy was announced on June 26, triggering a rally in the price of the token, which is currently up nearly 15% over the past 7 days. SUI experienced a significant bullish breakout over the past 24 hour period. The token established a strong support level at $2.87 during early hours on Thursday, before surging dramatically with high volume. Sui’s network has emerged as...

Image generated by CariGold 9 Rare Coins That Can Make You Rich If you’ve ever gotten into coin collecting, you likely have looked up values of rare ones that could still be in circulation. There’s a marketplace for coin enthusiasts to buy and sell rare coins, where you could make some decent money if you find one that’s in demand. Here are some coins listed by Professional Coin Grading Services that are worth a pretty penny. 1967 Kennedy Half Dollar This rare coin is notable because it doesn’t contain a mint mark; the U.S. Mint deliberately didn’t include mint marks on coins produced from 1965 to 1967, to limit coin hoarding. The Mint began making these half-dollars in 1964 to honor assassinated President John F. Kennedy. 1925-S...

Image generated by CariGold Key Points Shares of MARA Holdings (NASDAQ: MARA) soared 17.3% this week. The crypto-mining expert's stock rose 17.3% from last Friday's closing bell to the early market exit on Thursday, July 3, according to data from S&P Global Market Intelligence. Most of the price gain sprung from MARA's Bitcoin (CRYPTO: BTC) mining report, covering results in the month of June. Why block rewards matter to MARA Holdings' bottom line The company formerly known as Marathon Holdings won 211 blocks in last month's Bitcoin mining sweepstakes. For those unfamiliar with the process, the Bitcoin mining system awards a certain number of Bitcoins to the computer that completed the validation of each transaction data block...

Image generated by CariGold Will Sovereign Investment Be the Game-Changing Catalyst for Bitcoin? Amberdata Director of Derivatives Greg Magadini joins CoinDesk's Jennifer Sanasie and Andy Baehr for a conversation on bitcoin's low volatility and increasing maturity. Plus, how it now takes "more money to move around bitcoin" at its current $2 trillion market cap. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/sovereign-investment-game-changing-catalyst-173928440.html

Image generated by CariGold Anduril CEO Palmer Luckey's New Digital Banking Startup Set to Be Valued at $2 Billion, Sources Say Anduril cofounder and CEO Palmer Luckey is launching another startup with a "Lord of the Rings"-inspired name. It already has a hefty price tag. Erebor, a digital bank aimed at startups and cryptocurrency companies, is raising at least $225 million at a $2 billion valuation, according to people familiar with the deal. Founders Fund, run by Palantir cofounder Peter Thiel, and 8VC, led by fellow Palantir cofounder Joe Lonsdale, are investing in the company. The fundraise is ongoing, and details could still change. 8VC, Founders Fund and Palmer Luckey did not respond to requests for comment. Erebor — like...

Image generated by CariGold Hut 8 (HUT) Moves 14.1% Higher: Will This Strength Last? Hut 8 HUT shares soared 14.1% in the last trading session to close at $21.08. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.1% gain over the past four weeks. HUT is benefiting from its strategic transition to an integrated energy infrastructure platform, the launch of American Bitcoin, and its focus on capital-efficient growth and diversified revenue streams. This cryptocurrency mining company is expected to post a quarterly loss of $0.15 per share in its upcoming report, which represents a year-over-year change of -850%. Revenues are expected to be $48.19 million...

Image generated by CariGold Veteran macro investor delivers blunt verdict on public-private market war Raoul Pal, a veteran macro investor and fund manager, recently delivered a bullish prediction: "The end of public vs private markets is beginning." In an X post, Pal stated that capital formation and lending are more effective in the crypto markets. Robinhood has launched private stock tokens for customers in the European Union, marking a significant milestone for the decentralized finance (DeFi) sector. The rise of private stock tokens enables retail investors in the EU to gain access to fractionalized, stock-like tokens, providing exposure to private markets that have traditionally been inaccessible without ownership or through...

Image generated by CariGold BlackRock’s Bitcoin ETF Bringing More Revenue Than Its Iconic S&P 500 Fund BlackRock’s iShares Bitcoin Trust is now generating an estimated $187.2 million, surpassing the revenue of one of the asset manager’s most iconic products, the iShares Core S&P 500 ETF, according to data tracked by Bloomberg. How did the IBIT become the moneymaker for the asset manager with just $52 billion in AUM? This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/blackrock-bitcoin-etf-bringing-more-154541401.html

Image generated by CariGold BlackRock’s breakout offering overtakes flagship S&P 500 fund in revenue Wall Street giant BlackRock, Inc. (NYSE: BLK) is now generating more in revenue from its spot Bitcoin exchange-traded fund (ETF) than its signature S&P 500 fund offering. BlackRock is the world's largest asset manager that managed $11.5 trillion in assets under management (AUM) as of 2024. It is among the first institutional giants to introduce crypto-linked funds in the traditional markets. The asset manager launched the iShares Bitcoin Trust (IBIT), its spot Bitcoin ETF, in January 2024 once the Securities and Exchange Commission (SEC) greenlit it. IBIT managed more than $75 billion in net assets as of July 2. It is the largest...

Image generated by CariGold State Street Sees Enormous Movement into ETFs Yie-Hsin Hung, State Street Investment Management CEO, joins Open Interest to discuss volatility, US exceptionalism, and the demand for stablecoins. This article has been published in State Street via Yahoo News. https://finance.yahoo.com/video/state-street-sees-enormous-movement-153303144.html