Crypto News

​​Crypto Kidnappings Are on the Rise. Should Investors Be Worried? Key Points Crypto kidnappings and so-called wrench attacks have been in the news recently. In one high-profile case, kidnappers in France abducted Ledger co-founder David Balland and his wife and demanded a significant crypto ransom for their release. Closer to home, criminals allegedly held and tortured an Italian entrepreneur for 17 days in a Manhattan apartment. Sadly, it isn't a new phenomenon. Last year, a Florida resident was sentenced to 47 years for a series of crypto-related home invasions that started in 2022. However, these crimes are on the rise. And the Coinbase data breach that revealed the home addresses of over 69,000 customers does not help investors...

Image generated by CariGold Key Points Many financial stocks often fly under the radar. They are not typically viewed in the same way as high-flying artificial intelligence companies that will disrupt all aspects of daily life as we know it. That said, it can be good to look in parts of the market that are less popular, because that means there are likely more opportunities going unnoticed. Furthermore, many traditional financial stocks have started to really focus on technology, because it's become a crucial part of what people are looking for in their banking experience. Here are some of the best financial stocks to buy with $2,000 right now. Robinhood: From Broker to the Retail Bank of Choice The online broker Robinhood (NASDAQ...

Image generated by CariGold Will Stablecoins Kill Visa's Cash Cow? Cryptocurrency is threatening Visa's business again in the form of stablecoins -- at least, that's today's narrative. The payments-network giant is down almost 10% from all-time highs, likely due to new stablecoin legislation that's working its way through Congress. Merchants and financial technology players are building acceptance of these cryptocurrencies as a way to pay for goods and services, perhaps circumventing Visa altogether. New regulation and merchant acceptance Stablecoins are cryptocurrencies with a value pegged against a fiat currency, such as the U.S. dollar. Circle's USDC stablecoin is (theoretically) always available to exchange 1-for-1 for U.S...

Image generated by CariGold Which High-Flying Growth Stock Is Wall Street Most Bullish About: Palantir, Robinhood, or Spotify? Key Points You won't find many large-cap stocks that have been as hot in 2025 as Palantir Technologies (NASDAQ: PLTR), Robinhood Markets (NASDAQ: HOOD), and Spotify Technology (NYSE: SPOT). But which of these high-flying growth stocks is Wall Street most bullish about? The answer appears to be Spotify. What do analysts think about the prospects of Palantir and Robinhood? And why do they like Spotify the most right now? Palantir: An AI powerhouse, but the price isn't right Palantir Technologies CEO Alexander Karp said in his company's first-quarter earnings press release, "We are in the middle of a tectonic...

Image generated by CariGold Bitcoin Could Spike to $120K, Here Are 4 Factors Boosting the Case for a BTC Bull Run Multiple analysts have repeatedly pointed to $120,000 as bitcoin's BTC price target this year. Recent developments have strengthened that bullish case, driven by four key factors: the spot price, central bank policy, energy market trend, and technical setup. Let's take a look at those in detail. BTC's love affair with $100K Recently, a crypto trader said that the best marketing for any asset is its price, highlighting an idea similar to legendary trader George Soros' theory of reflexivity. Soros explained that market perceptions and prices create a feedback loop – higher prices attract more buyers, which in turn drive...

Image generated by CariGold Dogecoin surged 6.56% over the past 24 hours, bouncing from a two-month low of $0.1508 to a session high of $0.1632, as traders stepped in aggressively following a technical breakout. The move came amid heightened geopolitical tensions between the U.S. and Iran, which triggered broad volatility across crypto markets but failed to derail DOGE’s momentum. The meme coin broke through a long-standing descending trendline, confirming a shift in short-term market structure. Hourly RSI readings recovered from oversold territory, while netflows turned neutral, suggesting that sell-side exhaustion may have run its course. News Background Price Action Dogecoin traded in a broad range from $0.1508 to $0.1632 over...

Image generated by CariGold Ether, Solana, Cardano Spike 7% as Trump Claims to Broker Israel-Iran Ceasefire A fragile calm swept across risk assets on Tuesday as U.S. President Donald Trump claimed to have brokered a ceasefire between Israel and Iran, sparking a rally in crypto majors. “Officially, Iran will start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE and, upon the 24th Hour, an Official END to THE 12 DAY WAR will be saluted by the World,” Trump said on his Truth Social account. Ether ETH, Solana's SOL SOL, and Cardano's ADA ADA surged around 7% in the past 24 hours. Ether climbed back above $2,400, while SOL and ADA rose over support at $140 and 50 cents respectively. Crypto trading volumes also...

Image generated by CariGold Ark Invest Continues to Dump Circle Shares, Buys Robinhood and Coinbase Ark Invest is continuing to take profit from its bet on Circle's meteoric run as a listed firm. It also bought 4,198 shares of Coinbase, worth $1.3 million and 319,640 shares of Robinhood, worth $24.4 million. The Cathie Wood-led investment firm sold 415,855 shares of Circle across its various ETFs, valued at $109.6 million based on the stablecoin operator's last close of $263.45 on Monday. Last week, the investment company sold 609,175 shares of Circle. It had earlier sold Circle shares in two more tranches. Circle, which operates the second largest stablecoin USDC, was listed in the U.S. earlier this month. Since then, Circle has...

Image generated by CariGold Bank of Korea deputy chief says desirable to introduce stablecoins gradually SEOUL (Reuters) - The senior deputy governor of South Korea's central bank stated that introducing won-denominated stablecoins should proceed at a gradual pace, starting with rigorously-regulated commercial banks. Stablecoins, a type of cryptocurrency designed to maintain a constant value – typically pegged at 1:1 to the U.S. dollar – are commonly used by crypto traders. They're gaining traction among companies. "It is desirable to first allow banks, which are under a high level of regulations, to issue (won-based stablecoins) and gradually expand to the non-bank sector with the experience," said Ryoo Sang-dai, senior deputy...

Image generated by CariGold You don't need a lot of money to invest, especially now that so many brokers offer commission-free stock trading and no account minimums. If you have $1,000 saved, you could start to build a portfolio with a few high-quality companies. Here are three strong businesses with plenty of growth potential you might want to add to your portfolio. 1. Nvidia: A leader in AI Artificial intelligence (AI) is one of the most important technological developments in decades. Few AI companies have been as successful as Nvidia (NASDAQ: NVDA), which develops the graphics processing units (GPUs) that provide the specific type of processing power that advanced AI applications need most. Since the AI boom began, Nvidia has...

Image generated by CariGold ETH Surges 9% as Crypto Market Celebrates Trump's Ceasefire Announcement Ether (ETH) is trading at $2,420, up 8.61% over the past 24 hours, after surging sharply in the hours following former U.S. President Donald Trump’s unexpected announcement of a ceasefire agreement between Israel and Iran. The move appears to have reversed recent war-driven market anxiety, fueling renewed bullish sentiment across crypto markets. At 10:02 p.m. UTC on June 23, Trump posted on Truth Social that a full ceasefire agreement had been reached by both Israel and Iran. According to his statement, each country would pause hostilities in coordinated stages: Iran would initiate a 12-hour ceasefire, followed by Israel, leading to...

Image generated by CariGold Bitcoin Busts Past $106K on Reported Iran/Israel Ceasefire A wild 72-hours of price swings continued in crypto late in the U.S. day on Monday after President Trump took to Truth Social to proclaim a "complete and total" ceasefire between Iran and Israel. "It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now)," wrote Trump. Already bouncing in afternoon action, bitcoin BTC rose nearly another 3% on the news, topping $106,000 after having plunged to as low as $98,500 not much more than 24 hours ago. At press time, the price had pulled back a bit to $105,300. U.S. stock index futures posted gains of about 0.5% across the...

Image generated by CariGold Chipotle Mexican Grill (CMG) Rises Higher Than Market: Key Facts In the latest trading session, Chipotle Mexican Grill (CMG) closed at $53.78, marking a +1.89% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.96%. Elsewhere, the Dow saw an upswing of 0.89%, while the tech-heavy Nasdaq appreciated by 0.94%. The stock of the Mexican food chain has risen by 4.25% in the past month, leading the Retail-Wholesale sector's gain of 0.02% and the S&P 500's gain of 0.5%. Earnings Expectations Analysts and investors alike will be keeping a close eye on the performance of Chipotle Mexican Grill in its upcoming earnings disclosure. The company's earnings report is set to go public on July...

Image generated by CariGold Crypto Czar David Sacks Hints at Potential Expansion of US Strategic Bitcoin Reserve Earlier this year, President Donald Trump and his hand-selected ‘Crypto Czar’ David Sacks lit up the Bitcoin lexicon by announcing the ‘Strategic Bitcoin Reserve and US Digital Asset Stockpile.’ Through the March 6th Trump administration executive order (EO), the US government will hold onto any Bitcoin seized through nefarious activities (The US currently holds ~200k Bitcoin). While the EO means that the US government will not flood the market with a massive supply of Bitcoin, it will not add to Bitcoin demand. However, recent comments from David Sacks at the world’s largest Bitcoin conference suggest that that could...

Image generated by CariGold Eli Lilly (LLY) Surpasses Market Returns: Some Facts Worth Knowing Eli Lilly (LLY) closed the most recent trading day at $770.64, moving +1.04% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.96%. Meanwhile, the Dow experienced a rise of 0.89%, and the technology-dominated Nasdaq saw an increase of 0.94%. Coming into today, shares of the drugmaker had gained 6.87% in the past month. In that same time, the Medical sector lost 0.85%, while the S&P 500 gained 0.5%. Earnings and Estimates Analysts and investors alike will be keeping a close eye on the performance of Eli Lilly in its upcoming earnings disclosure. The company's earnings report is set to go...

Image generated by CariGold Stablecoins Are a Monetary Revolution in the Making We may be on the verge of a revolution in monetary finance that is the century-long dream of many prominent economists. Financial innovation is laying the foundation for their dream just as the U.S. political economy is shifting to support it. This revolution, if it proceeds, has major implications for global finance, economic development, and geopolitics, and will create many winners and losers. The shift I’m referring to is “narrow banking” built on stablecoins. If those are unfamiliar concepts to you, let me review 800 years of financial innovation in 500 words. The origins of fractional reserve banking Our current financial system is built on the...

Image generated by CariGold Aptos' APT Gains 6% With High-Volume Buying Amidst Wider Crypto Market Bounce Aptos' APT token started to bounce back with the wider crypto market, establishing a strong uptrend from $3.84 to $4.08, representing an 8.85% range. The model showed that a clear support zone for APT formed around $3.87-$3.89, validated by high-volume buying. In recent trading, APT was 6.6% higher over 24 hours at around $4.096. The broader market gauge, the CoinDesk 20, was up 5.3% at publication time. This article has been published in coindesk.com via Yahoo News. https://finance.yahoo.com/news/aptos-apt-gains-6-high-192318260.html

Image generated by CariGold 20 Countries Holding the Most US Debt in 2025 — and How It Impacts Your Wallet There’s been a lot of talk in the financial news lately about the size of the U.S. debt and the fact that foreign countries hold a large amount of it. Some legislators and economists fear that the U.S. debt is not only too large to be sustainable but also that allowing foreign countries to own it gives them leverage over our economy. Find Out: 8 Common Mistakes Retirees Make With Their Social Security Checks But the truth is that many investors don’t really know the size of the U.S. debt, how much of it foreign countries own and how it actually affects both the economy and the wallets of average Americans. Here’s the data...

Image generated by CariGold HIVE Digital wants to mine 12 Bitcoin a day with just 25 employees, CEO says HIVE Digital Technologies CEO Frank Holmes says the company is way ahead of schedule — and that its mining operations in Paraguay are scaling faster than anyone expected. Speaking to Scott Melker on TheStreet Roundtable, Holmes said, “This quarter we’re way ahead of schedule with people expecting us to be hitting 11 exahash. That means our daily cash flow or revenue is pushing $650,000 a day.” HIVE's growth comes with a small but focused team. “By Thanksgiving, we hope to be at 12 Bitcoin a day. So that’s more than $1.2 million a day with 25 key employees. That’s really efficient. That’s a high revenue per employee,” Holmes...

Image generated by CariGold Benchmark Updates Coinbase Outlook with 40% Hike, Reiterates 'Buy' Rating Broker Benchmark raised the outlook on the stock performance of the crypto exchange, Coinbase Global (Nasdaq: COIN), in its latest research report. The broker boosted the stock's price target from $300 to $421, a hike of 39.86%. Not only that, it also doubled down on its 'Buy' rating on COIN. Founded in 2012, Coinbase is the largest crypto exchange in the U.S. The company went public on Nasdaq on Apr. 14, 2021. Coinbase even entered the much-coveted S&P 500 club on May 19. For those unfamiliar, the S&P 500 is a stock market index that tracks the performance of the 500 largest public companies in the U.S. The inclusion of Coinbase...