Crypto News

Image generated by CariGold Many Investors Are Now Getting Exposure to Bitcoin Many more investors are now gaining exposure to bitcoin — whether they want that cryptocurrency or not. New research from JPMorgan finds as much as $50 billion is invested in MicroStrategy, an IT company turned bitcoin holder, in an indirect way. JPMorgan’s team, headed by Nikolaos Panigirtzoglou, calculates that at least $14 billion in shares is owned by mutual funds or exchange-traded funds that are simply benchmarked to an index including MicroStrategy. This figure may not be comprehensive, JPMorgan adds, because it fails to include funds, whether passive or active, that own MicroStrategy despite not having these major indices as a benchmark. Adding...

Image generated by CariGold Key Points The entire cryptocurrency market climbed 66% from just before Donald Trump's election win in November to mid-December. Since then, however, many of the most popular cryptocurrencies have failed to continue moving higher. Bitcoin (CRYPTO: BTC) has been one of the stronger performers. It set an all-time high in January, and it recently climbed slightly above that level in May. As of June 18, Bitcoin trades for about $105,000. But multiple analysts see the value of Bitcoin nearly doubling by the end of the year, reaching $200,000. Here's why analysts are bullish on the leading cryptocurrency. Doubling in just over six months Over the last couple of months, several analysts have reaffirmed...

Image generated by CariGold 2 Reasons to Buy Ripple (XRP) Before 2026 It's been a strange year for XRP investors. Roughly one year ago, Ripple traded at just $0.50. In November, however, the crypto asset skyrocketed in value above the $2 mark. After many months of volatility, XRP's value remains just above the $2 level. If you've been thinking about buying, there are two reasons to jump in before 2026 arrives. 1. Blockchain solutions are rapidly gaining credibility Since launching in 2012, Ripple struggled to turn its lofty vision into reality. At its core, Ripple seeks to revolutionize the global banking industry by improving how cross-border transactions are processed. Today, global banks rely on the SWIFT system. Settlements...

Image generated by CariGold New tool aims to boost UK fashion and textile sector compliance The compliance tool has been developed by the institute's Textiles Transparency Team (MFITT), part of the Manchester Metropolitan University. Fashtrax is designed to provide straightforward guidance on compliance, particularly in the wake of impending regulations like the EU Digital Product Passport (DPP). The platform is funded by InterAct, a £5.4m ($7.29m) Made Smarter Innovation and economic and social research council-led network. The tool also has support from the UK Fashion and Textile Association (UKFT). Fashtrax connects the academia, technology provider and industry in providing solutions that can address real-world challenges. It...

Image generated by CariGold 3 Under-the-Radar Reasons XRP Might Outperform Bitcoin This Year and Beyond Key Points Bitcoin towers over every other cryptocurrency like a digital Mount Everest, yet history shows that markets often reward assets that quietly gain traction while the spotlight points elsewhere. That dynamic may be playing out right now for XRP despite its decline of 7% during the last six months. A trio of fresh metrics suggests XRP's engine is revving harder than many investors realize. If the trends hold, it might even outperform Bitcoin in 2025 and perhaps well beyond, so let's take a moment to understand each. 1. Wallet growth is exploding The more active crypto wallets there are on XRP's chain, the more users...

Image generated by CariGold Could Bitcoin Help You Retire a Millionaire? Key Points When most people think about retirement, they probably aren't thinking about Bitcoin (CRYPTO: BTC). Historically, Bitcoin has been a risky, speculative, and volatile asset -- exactly the sort of asset you don't want to have in a retirement account. But, for many investors who have not saved nearly enough for retirement and are now playing catch-up, Bitcoin could offer a potential lifeline. After all, it's arguably the only asset capable of churning out triple-digit returns with any regularity. But can it really help you retire as a millionaire? Bitcoin's path to $1 million A growing number of high-profile investors now think that Bitcoin could hit...

Image generated by CariGold Key Points It's easy to understand the allure of XRP (CRYPTO: XRP) for crypto investors. Between November 2024 and January 2025, it soared nearly 600% in value, eventually hitting a 52-week high of $3.39 in mid-January. However, since then, XRP has slumped badly. It's now down 35%, and shows little sign of regaining momentum. As a result, I've been looking for "the next XRP" -- a low-cost, high-upside cryptocurrency capable of skyrocketing in price just like XRP. My top pick right now is Sui (CRYPTO: SUI), and here's why. What is Sui? Sui is the latest in a long line of highly touted Ethereum (CRYPTO: ETH) challengers. While Solana (CRYPTO: SOL) is currently the top Ethereum challenger, Sui has often...

Image generated by CariGold Cryptocurrency Investments Among Trump Administration Officials There's something that several top Trump administration officials have in common: They've poured thousands of dollars into cryptocurrency. Financial disclosures show that several of his top advisors and Cabinet officials have substantial cryptocurrency investments. Vice President JD Vance owns bitcoin worth between $250,000 and $500,000. Officials are generally only required to disclose the range of the value of their assets, so the exact amount is not known. At a recent conference, Vance described himself as "one of the only people running for office who actually owned bitcoin" during his Senate run in 2022. "I still own a fair amount of...

Image generated by CariGold 3 Reasons Cardano's New Bitcoin Treasury Plan May Backfire Key Points Cardano (CRYPTO: ADA) founder Charles Hoskinson wants to convert roughly $100 million of the cryptocurrency, or about 5% to 10% of the chain's treasury of 1.7 billion tokens, into Bitcoin (CRYPTO: BTC), plus a basket of Cardano-native stablecoins. The objective would be to shore up the chain's liquidity for its decentralized finance (DeFi) applications and prove that Cardano can compete with its faster-growing rivals. The proposal sounds bold, but so far, investors seem to be judging the move as bearish; the coin slid 6% on the news, capping off its fall of 35% this year so far. Here's why the market's skepticism is warranted, and why...

Image generated by CariGold XRP Early Buyers Accelerate Profit-Taking as Regulatory Wins Bolster XRP Ecosystem XRP has staged one of the strongest rallies among crypto majors this cycle, but early retail holders are heading for the exit under the surface. Now trading above $2 — more than thrice its pre-rally base from October 2024 — XRP has become one of the best-performing large-cap tokens over the past 8 months. Investors who bought below 60 cents are sitting on gains upward of 300%, prompting a sharp pickup in profit-taking. According to on-chain data from Glassnode, the 7-day simple moving average (SMA) of realized profits from XRP wallets hit $68.8 million earlier this month, the highest in over a year. That’s a clear sign of...

Image generated by CariGold Bitcoin Steady Above $104K as Traders Eye Historically Bullish Second Half Crypto markets drifted lower on Thursday, caught between hawkish macro guidance, looming global trade deadlines, and fading volatility. Bitcoin BTC hovered near $104,700 during Asia hours, slipping 1.2% over 24 hours, while ether ETH traded just below $2,860, down 1.8% on the day. The soft price action tracks with broader macro unease following Wednesday’s FOMC hold, where the Fed kept rates unchanged but reiterated a cautious, inflation-sensitive stance. Seasonality is starting to show Historically subdued during the June-July stretch, crypto markets have entered a lull with BTC front-end implied volumes slipping under 40%...

Image generated by CariGold Asia Morning Briefing: CryptoQuant Warns of $92K BTC Drop as Analyst Views Diverge Good Morning, Asia. Here's what's making news in the markets: As Asia begins its trading day, bitcoin BTC is trading above $104,500 and, despite a possible looming war in the Middle East, has been relatively flat on the day with negligible market movement. Indeed, for the last full week, BTC is only down 2%, according to market data. Analysts are debating whether the crypto market’s current stillness is a sign of strength or if something more precarious is afoot. Three new reports this week from CryptoQuant, Glassnode, and trading firm Flowdesk all point to the same surface conditions: low volatility, tight price action...

Image generated by CariGold Key Takeaways Coinbase Global (COIN) shares soared this week after the Senate passed the GENIUS Act, a bipartisan bill that regulates and promotes the use of stablecoins. Investors see the legislation, the first major framework approved by Congress dealing with the digital currency industry, as a win for Coinbase as it provides regulatory clarity, legitimizing the exchange’s stablecoin business and revenue streams. On Wednesday, the company unveiled a new product named Coinbase Payments, a solution that allows customers to make payments using stablecoins on a range of commerce platforms. Coinbase shares soared 16% to around $295 on Wednesday, ahead of Thursday's U.S. markets holiday. The stock is now up...

Image generated by CariGold Higher Market Volatility and Trading Volume Catalyze Robinhood Markets Stock (HOOD) Robinhood Markets (HOOD) stock is undeniably popular right now, but this popularity means investors must be cautious about potential overvaluation. Despite these concerns, the company is doing remarkably well, and management has truly come into its own. With Robinhood’s brand evolving from a meme-stock retail investing app into a holistic financial platform for the masses, it’s difficult not to be bullish on HOOD in the long term. However, despite the bullish cheer, I’m taking a Neutral position on HOOD while awaiting better levels. HOOD Stock Demonstrates Unbreakable Momentum Robinhood stock is up by approximately 90%...

Image generated by CariGold Interview: James Neville CEO of Yaspa With over 10 years of experience as a founder, as well as holding previous roles as CTO at Worldpay and Just Eat, James Neville, CEO of Yaspa, is perfectly qualified to discuss all things related to open banking and payments. He is also one of the payments sector’s leading experts in identity verification. RBI editor Douglas Blakey speaks with James Neville, CEO, Yaspa What’s in a name? Standardisation of language challenge It is rather stating the obvious to note that open banking has the potential to revolutionise payments. It offers faster, more secure, and cost-effective transactions. But Yaspa’s research highlights a key challenge: naming conventions matter...

Image generated by CariGold Global payments remain slow, expensive, and fragmented—especially for businesses operating across borders. Mesta, a U.S.-based startup, is aiming to address that challenge by combining stablecoins, fiat rails, and an API-first approach to simplify cross-border transactions for fintech platforms and enterprise clients. “Mesta is a global fiat plus stablecoin payment network,” said Sandeep Pyapali, head of payments during an interview. “We’re focused on making international money movement faster and more cost-effective.” Mesta enables platforms to send payments using stablecoins like USDC or USDT, then convert to local fiat currencies for delivery. The result, according to Pyapali, is significantly lower...

Image generated by CariGold Are outdated tax laws crippling Bitcoin mining? Miners say it’s time for change In the evolving landscape of Bitcoin mining, one regulatory issue has quietly become a flashpoint for operators: the way mining income is taxed. Unlike traditional commodity producers, Bitcoin miners are taxed the moment they generate new coins—even before any sale takes place. “If you’re mining gold, you don’t pay tax until you sell it,” said Beau Turner, CEO of Abundant Mines. “But for Bitcoin miners, the IRS treats mined coins as regular income immediately, creating unnecessary sell pressure.” That distinction could soon be challenged. Turner points to the Financial Accounting Standards Board (FASB)’s recent decision to...

Image generated by CariGold U.S. birth rate has just a 30% chance of rising in 2025 As the fertility rate in the U.S. continues its historic decline, an increasing proportion of traders on the prediction market platform Polymarket are betting it will remain that way for some time. The new market, "Will the U.S. fertility rate go up in Q1 2025?" is currently pricing a 30% chance of the fertility rate being higher, which is down 11% from the previous pricing on the platform. The counter bet — that the fertility rate will decline further — is trading at 71 cents. Polymarket is a blockchain-based prediction market that allows users to stake real money on real-world outcomes — from politics and sports to science and economics. The basis...

White House reveals Trump's shocking military plan against Iran President Donald Trump will take the final decision regarding any possible military action against Iran in the next two weeks, White House press secretary Karoline Leavitt told reporters during a press briefing on June 19. The president is still hoping for diplomacy to work with Iran, as he hopes the country will sign the nuclear deal, Leavitt added. Crypto platforms, banks, and stock exchanges have been targets of attacks between Israel and Iran since June 13, when the conflict started. Iran, which has been heavily impacted by global sanctions for decades, has increasingly relied on cryptocurrency to sustain its economy. The total crypto market cap stood at $3.25...

Image generated by CariGold Meta-owned WhatsApp enables Bitcoin payments with Sati Meta-owned WhatsApp enables Bitcoin payments with Sati. Felipe Servin, CEO & Founder of Sati, described how Sati delivers a Bitcoin wallet entirely through WhatsApp. “It’s really, really simple, fully noncustodial,” Servin said. He added that Sati never holds private keys, ensuring users retain full control. The approach aims to accelerate Bitcoin adoption without requiring new app installs. Users start by sending a message to a WhatsApp bot, choose a PIN, and the app combines that PIN with a fingerprint of their phone to scramble and store the wallet data only on their device. Because Sati never has access to the scrambled data or PIN, only the user...