Crypto News

Image generated by CariGold Coinbase, Circle Rally as Stablecoin Momentum Heats Up Coinbase (COIN) and Circle (CRCL) shares rose sharply on Thursday as both the crypto exchange and the stablecoin issuer emerged as major winners of growing enthusiasm around digital tokens. Coinbase gained 5% to notch its first all-time high since November 2021. The stock has surged more than 40% since the Senate passed the GENIUS Act last week. The landmark legislation is aimed at establishing a regulatory framework for stablecoins, digital tokens backed by assets such as the US dollar and short-term treasuries. Bernstein analyst Gautam Chhugani this week dubbed Coinbase the "Amazon of crypto financial services." His team raised their price target on...

Image generated by CariGold Interested In Bitcoin Backed Lending: Maple Finance CEO Maple Finance CEO and Co-Founder Sid Powell discusses tokenization and explains why he's interested in Bitcoin backed lending. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto." This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/interested-bitcoin-backed-lending-maple-184533890.html

Image generated by CariGold You don’t notice identity until it fails. Until the login doesn’t work, the KYC flags, or the system freezes because some server in some jurisdiction doesn’t recognize you. That’s the problem decentralized identity is trying to erase. The crux of decentralized identity (DID) is about who controls verification. Today, identity flows through banks, governments, and platforms that monetize your data in exchange for access. DID flips it. Credentials become portable. Verification happens cryptographically. You own your proofs. You disclose only what you choose to disclose. Nothing more. The implications run deep. Compliance, finance, healthcare, AI, cross-border commerce — none of it scales without trust. And...

Image generated by CariGold Stablecoins Can 'Dollarize' The World: Consensys CEO Ethereum Co-Founder and Consensys CEO Joe Lubin discusses stablecoins and their potential to 'dollarize' the world, presenting them as a game changer for the United States. He engaged in an insightful conversation with Sonali Basak and Tim Stenovec on "Bloomberg Crypto." This article has been published in Bloomberg via Yahoo News. https://finance.yahoo.com/video/stablecoins-dollarize-world-consensys-ceo-175620685.html

Image generated by CariGold Why Circle Internet Stock Is Soaring Today Key Points Shares of Circle Internet Group (NYSE: CRCL) are rising today, up 10.8% as of 1:39 p.m. ET. The jump comes as the S&P 500 and Nasdaq Composite were up 0.7% and 0.8%, respectively. The company, which went public earlier this month, is the sole issuer of USDC, one of the most popular stablecoins on the market. Circle stock saw a boost today from news that the Trump administration will allow borrowers to use crypto as assets on their mortgage applications. Trump admin wants crypto on mortgage applications The Federal Housing Finance Agency has ordered Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in mortgage loan risk...

Image generated by CariGold Why Is Coinbase (COIN) Stock Rocketing Higher Today What Happened? Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 6.2% in the afternoon session on continued positive momentum from the previous session, largely due to the follow-through enthusiasm surrounding the potential passage of the GENIUS Act. The Senate's recent approval of this stablecoin bill was viewed as a significant step toward clearer regulatory frameworks for digital assets in the US, which could further legitimize the crypto market and encourage institutional adoption. This positive regulatory development has been amplified by a bullish note from Bernstein analysts, who argued that the stock was misunderstood and...

Image generated by CariGold Wall Street's GENIUS Act could spell trouble for the largest stablecoin issuer The GENIUS Act, a bill regulating stablecoins that passed the U.S. Senate last week, poses a significant threat to Tether, the world's largest stablecoin issuer, with a total circulation of $156 billion. The GENIUS Act, which aims to integrate stablecoins into the everyday financial world, requires issuers to back their tokens' value with cash and short-term Treasury securities, submit to annual public audits, and comply with U.S. financial regulations. This could be difficult for Tether as the stablecoin issuer's current reserve model is backed in part by Bitcoin and gold. Tether's long-held rejection of total financial...

Image generated by CariGold Coinbase, Circle shares jump as stablecoin momentum heats up Coinbase (COIN) and Circle (CRCL) shares rose sharply on Thursday as both the crypto exchange and the stablecoin issuer emerged as major winners of growing enthusiasm around digital tokens. Coinbase is on track to notch its first all-time high since November 2021. The stock has surged 40% since the Senate passed the GENIUS Act last week. The landmark legislation is aimed at establishing a regulatory framework for stablecoins, digital tokens backed by assets such as the US dollar and short-term treasuries. Bernstein analyst Gautam Chhugani this week dubbed Coinbase the "Amazon of crypto financial services." His team raised their price target on...

Image generated by CariGold Ripple vs SEC lawsuit hits shocking standstill On June 26, Judge Analisa Torres once again denied the joint request filed by the blockchain tech and payments firm Ripple and the Securities and Exchange Commission (SEC) for an indicative ruling. Both the payments company and the federal securities regulator have been seeking an indicative ruling that would have vacated the court judgment passed earlier that issued a permanent injunction against Ripple and imposed a civil penalty of $125 million against it. Ripple's chief legal officer, Stuart Alderoty, responded to the latest ruling on X, "With this, the ball is back in our court... XRP’s legal status as not a security remains unchanged. In the meantime...

Image generated by CariGold SEC, Ripple Wants to Settle Crypto Lawsuit, but US Judge Rebuffs Them NEW YORK (Reuters) - A federal judge on Thursday rejected a joint motion by Ripple Labs and the U.S. Securities and Exchange Commission to endorse the cryptocurrency company's reduced $50 million fine to settle a civil lawsuit over the sale of unregistered securities. U.S. District Judge Analisa Torres in Manhattan chastised both sides for claiming that their settlement in March should excuse Ripple from honoring her permanent injunction against violating the law. Ripple's chief legal officer Stuart Alderoty posted on X that the company has not decided its next legal steps. An SEC spokesman had no immediate comment. The case concerned...

Image generated by CariGold Dinari granted first broker-dealer registration to offer tokenized stocks (Reuters) - Dinari, a startup that offers blockchain-based U.S. stocks, has secured a broker-dealer registration for its subsidiary, a move the company says makes it the first tokenized equity platform to secure such approval in the U.S. The move allows San Francisco-based Dinari to offer stock trading via blockchain technology for the first time to investors in the U.S., an offering that crypto companies like Coinbase and Kraken are also actively exploring as firms look to capitalize on an evolving U.S. regulatory stance toward cryptocurrencies. Tokenizing equities is a process in which shares of a company are converted into...

Image generated by CariGold U.S. Dollar Falls to 3-Year Low on Trump's Fed Chair Saga The U.S. dollar has fallen to a 3-year low, following a report that President Donald Trump is considering naming the next Fed Chair early. Trump has accused the current chairman Jerome Powell of being slow to cut interest rates, calling him "stupid." Will the President pick the new Fed Chairman before July and who will be that person? This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/u-dollar-falls-3-low-152303825.html

Image generated by CariGold How To Get Rich by Investing Wisely in Crypto, According to Brian Jung If you’re looking to make money in the crypto market, you may want to hear what Brian Jung has to say. Jung, a popular YouTuber with over 2 million subscribers, recently posted a video where he discussed his plans to make millions in the crypto space. In the video, he recounted how he once turned $120,000 into $2.5 million from a crypto investment, so his advice may be worth listening to. Here are some of his thoughts on how to get rich by investing wisely in crypto. Invest In Altcoins Jung discussed the altcoin season cycle, which investors can profit from if they know where to look. An altcoin refers to any crypto that isn’t bitcoin...

Image generated by CariGold Global Financial Crime Watchdog Calls for Action on Crypto Risks PARIS (Reuters) - The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in regulation could have global repercussions. The Paris-based watchdog stated that while progress has been made since 2024 in regulating virtual assets, many jurisdictions still have work to do to combat risks. As of April 2025, only 40 of 138 jurisdictions assessed were "largely compliant" with FATF's crypto standards, up from 32 a year earlier. "With virtual assets inherently borderless, regulatory failures in one jurisdiction can...

Image generated by CariGold Zama secures $57m for blockchain encryption technology Zama, a French cryptography company specializing in fully homomorphic encryption (FHE) solutions, has secured $57m (€48.4m) in a Series B funding round. The funding, co-led by Blockchange Ventures and Pantera Capital, brings Zama's total funding to more than $150m and its valuation to more than $1bn. Zama said that the funding coincides with the launch of its confidential blockchain protocol and its public testnet. These allow developers to build confidential applications on Ethereum via Zama's FHEVM, with plans to support other Ethereum Virtual Machine chains and Solana by 2026. The Zama Protocol enables the creation of confidential decentralized...

Image generated by CariGold Crypto Exchange Kraken Debuts Peer-to-Peer Payments App Krak (Reuters) - Crypto exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more than a hundred countries. The move is a bid to expand Kraken's offerings beyond its digital asset trading business, putting the firm in competition with PayPal, Venmo, and Block's CashApp. Why It's Important Crypto exchanges such as Kraken are increasingly signaling an interest in expanding outside of the digital asset trading that initially became popular with retail investors. Kraken said last month that it is launching tokens of U.S. equities, called xStocks...

Image generated by CariGold Everyone’s got a different investment strategy, but many experts agree that diversification is key to long-term success. One of the most commonly recommended ways to do this? Invest in the S&P 500. After all, it worked for billionaire Warren Buffett, so why shouldn’t it work for someone else? Explore More: 12 Best Safe Investments To Grow Your Money in 2025 Read Next: 6 Big Shakeups Coming to Social Security in 2025 But while many financial experts do agree that investing in the S&P 500 is worth your while, it’s not necessarily the only option. What’s most important, it would seem, is diversifying your portfolio to balance the risks and rewards of investing. Also learn about the worst investing mistakes...

Image generated by CariGold Key Points The Dogecoin (CRYPTO: DOGE) cryptocurrency started as a joke, but a lot of people have made real money with it. The coin soared in the spring of 2021 and after the elections of 2024. Those who were lucky or clever enough to buy near the bottom and sell at the peak of each price spike may have pocketed tenfold returns in just a few days. But the lofty prices don't tend to last long. On June 24, Dogecoin is trading 65% below December's 52-week peak. This meme coin has been a roller coaster over the past five years, but where will it go from here? Could Dogecoin soar again? Let's start with an optimistic analysis. Dogecoin has come a long way from its silly origins. The "Doge Army" of coin...

Image generated by CariGold The cryptocurrency space has regained momentum this week buoyed by several positives. This space has endured a lot of volatility, like equities this year. Cryptocurrencies started 2025 with much vigor following the resounding presidential election victory of Republican candidate Donald Trump, who is known as an ardent supporter of digital currencies. However, the situation turned negative in March and April owing to the imposition of President Trump’s reciprocal tariffs, fear of more inflationary pressures, and concerns of a near-term recession. The Fed’s decision not to cut interest rates further also aggravated investors' sentiments. The space recovered in May following positive developments on the...

Image generated by CariGold Mastercard Expands Partnership with Fiserv to Integrate FIUSD Stablecoin Mastercard has expanded its collaboration with Fiserv to incorporate the FIUSD token, a new programmable blockchain-based stablecoin, into its global payment network. The partnership aims to address the practical use cases and challenges associated with the adoption of stablecoins. It aims to facilitate the transition between fiat currencies and FIUSD for both consumers and businesses for on/off-ramping processes. Mastercard will also enable FIUSD as a settlement option for its global acquirers, allowing merchants to receive payments in FIUSD regardless of the payment method used. Mastercard Americas co-president Chiro Aikat...