Crypto News

Image generated by CariGold Dave Ramsey: Millennials and Gen Zers Want the Child Tax Credit To Be $5K — How This Would Impact Your Wallet A new survey by Ramsey Solutions found that millennials and Gen Zers want the child tax credit (CTC) to be increased to $5,000. Some respondents claim this increase would have an impact on their decision to have children. For younger Americans facing high costs of living, student loan debt and stagnant wages, this kind of financial relief could help make parenthood feel more attainable. However, a bigger tax credit doesn’t just affect new or future parents; it could have ripple effects across generations. Here’s why younger generations are rethinking parenthood, and how it could impact your...

Image generated by CariGold DEXs' Record-High Market Share: What's Driving the Surge? Decentralized exchanges now command over 20% of all spot trading volumes, reaching the highest level ever recorded. The growing dominance is driven by a surge of on-chain traders and the increasing DEX integrations by centralized exchanges. This article has been published in coindesk.com via Yahoo News. https://finance.yahoo.com/video/dexs-record-high-market-share-165412077.html

Image generated by CariGold Elon Musk’s artificial intelligence firm xAI is holding talks to raise $4.3 billion in equity on top of the $5 billion it has been trying to borrow from debt investors. As reported earlier, xAI acquired X, formerly Twitter, which is one of the leading platforms for crypto-related discussions. xAI, the company behind the AI chatbot Grok, partially needs new funds because it has already spent most of what it previously raised. The AI startup raised $14 billion in equity between its foundation in March 2023 and the launch of the debt sale in 2025. However, it is left with only $4 billion on its balance sheet, as of March 31. The AI tokens responded positively to the latest announcement. TAO, the AI token...

Image generated by CariGold Ondo Finance launches Global Markets Alliance to expand on-chain access to capital markets Ondo Finance has unveiled the Global Markets Alliance, a new industry coalition uniting leading wallets, exchanges, and custodians to create shared standards and infrastructure for tokenized real-world assets (RWAs). Founding members include the Solana Foundation, Bitget Wallet, Trust Wallet, Rainbow Wallet, Jupiter, BitGo, Fireblocks, 1inch, and Alpaca. The alliance aims to accelerate the adoption of tokenized securities by standardizing technical and compliance frameworks, enabling cross-platform interoperability, and improving access and liquidity for investors globally. The announcement comes ahead of Ondo...

Image generated by CariGold Spanish bank BBVA tells wealthy clients to invest in bitcoin LONDON (Reuters) -Spanish lender BBVA is advising wealthy clients to invest up to 7% of their portfolio into cryptocurrencies, an executive said on Tuesday, in the latest sign some banks are warming to a sector long avoided by mainstream finance because of its risks. BBVA's private bank advises clients to invest 3% to 7% of their portfolio in cryptocurrencies depending on their risk appetite, Philippe Meyer, head of digital & blockchain solutions at BBVA Switzerland, told the DigiAssets conference in London. "With private customers, since September last year, we started advising on bitcoin," Meyer said. "The riskier profile, we allow up to 7% of...

Image generated by CariGold Pump.fun and Other Memecoin Accounts Suspended From X Social media giant X suspended Pump.fun’s official account and co-founder Alon Cohen’s handle on June 16, along with other memecoin platforms in an apparent crackdown. What does it say about the freedom of speech on the platform? Plus, Polyhedra suffered a liquidity attack and ARK Invest sold $51.8 million worth of Circle shares. This article has been published in coindesk.com via Yahoo News. https://finance.yahoo.com/video/pump-fun-other-memecoin-accounts-151552436.html

Image generated by CariGold Coinbase (NASDAQ:COIN) is working to gain approval from the U.S. Securities and Exchange Commission to offer "tokenized equities" to its customers, the company’s chief legal officer Paul Grewal told Reuters on Tuesday. This initiative would enable Coinbase to provide stock trading using blockchain technology. The move can put the crypto exchange in direct competition with retail brokerages including Robinhood (NASDAQ:HOOD) and Charles Schwab (NYSE:SCHW). Grewal described the concept as a "huge priority" for Coinbase, and it is anticipated that the approval can create a new business segment for the company. Tokenizing equities involves converting company shares into digital tokens that function similarly...

Image generated by CariGold Own, a New Social Media App, Aims to Tokenize the Creator Economy With the TikTok deadline to sell its U.S. operations now just two days away, a new decentralized social media app launched its beta to the public on Tuesday. Own is the latest alternative to TikTok to emerge, featuring a swipeable feed for not just short videos but also text posts and images, as well as other features you’d expect, like direct messaging. However, the new app aims to disrupt the market by utilizing blockchain technology and a token economy. Most notably, content creators on the app can earn revenue without any minimum requirements for follower count or post count. The app was developed by Amir Kaltak (CEO) and Katia...

Image generated by CariGold Mastodon updates its terms to prohibit AI model training Social networks are bolstering their terms of service against scrapers and bots that crawl the website to train AI models. Days after Elon Musk-owned X updated its terms to explicitly prohibit AI model training, decentralized social network Mastodon today updated its own rules to bar any kind of model training, as well. “We explicitly prohibit the scraping of user data for unauthorized purposes, e.g. archival or large language model (LLM) training. We want to make it clear that training LLMs on the data of Mastodon users on our instances is not permitted,” Mastodon said in an email sent to users. The new terms, which will be applicable to the social...

Image generated by CariGold Coinbase Seeking US SEC Approval to Offer Blockchain-Based Stocks (Reuters) - Coinbase is seeking a green light from the U.S. Securities and Exchange Commission to offer "tokenized equities" to its customers, the crypto exchange's chief legal officer said in an interview with Reuters. If granted, the move would allow Coinbase to effectively offer stock trading via blockchain technology, placing it in direct competition with retail brokerages such as Robinhood and Charles Schwab and could open a new business segment for Coinbase. The concept is a "huge priority," said Paul Grewal, the chief legal officer of Coinbase. Tokenizing equities is a process in which shares of a company are converted into a...

Image generated by CariGold Kraken Joins Forces with Alpaca to Expand Institutional Access On June 17, U.S.-based cryptocurrency exchange Kraken announced a strategic partnership with Alpaca, a prominent self-clearing broker-dealer. As part of this collaboration, Alpaca has integrated Kraken Embed — Kraken’s Crypto-as-a-Service (CaaS) solution — enabling its expansive network of over 200 enterprise partners and over 5 million end-user accounts to get access to an array of over 370 crypto assets. Kraken Embed empowers platforms to incorporate scalable and secure crypto trading capabilities within weeks, leveraging the exchange's institutional-grade infrastructure and deep global liquidity. Coupled with Alpaca’s robust, unified...

Image generated by CariGold Could Investing $50,000 in the S&P 500 Today Put You on Track to Have a $1 Million Portfolio by the Time You Retire? Key Points If you're an investor who just wants to put money into the stock market today and forget about it, the S&P 500 index can help you generate some terrific returns. The broad index tracks the leading stocks on U.S. exchanges and can give you broad, comprehensive exposure to the overall market without investing in small or risky companies. You have probably heard that investing in the market and perhaps the index has historically been a good move. But how good could its future gains be, and could investing $50,000 into an exchange-traded fund (ETF) that tracks the S&P 500 create a...

Image generated by CariGold Bitcoin Cash-Bitcoin Ratio Smashes Triangle Pattern; HYPE Rally May Be Over Bitcoin cash BCH, the best performing top 100 cryptocurrency of the past 24 hours, looks set to chalk out a bull run against bitcoin BTC. That's because the BCH/BTC trading pair listed on Bitstamp has jumped out of a triangle pattern identified by a series of descending intraday price highs and ascending price lows, both representing a narrowing price range. Breakouts from these patterns typically lead to significant moves, which means BCH could chalk out an impressive bull run against bitcoin in the days ahead. Adding to the bull case is the fact that the ratio has already topped the 200-day simple moving average, a barometer of...

Image generated by CariGold Factbox: Stablecoins Gain Ground with Corporates as US Legislation Takes Shape As the U.S. stablecoin bill, known as the GENIUS Act, advances in the Senate, a once-niche corner of the crypto industry is gaining rapid traction among global corporates. Stablecoins, a type of cryptocurrency designed to maintain a constant value – typically pegged 1:1 to the U.S. dollar – are widely used by crypto traders to move funds between tokens. Analysts say the bill, if passed, could be a key catalyst for more companies across sectors to adopt stablecoins, as it would provide much-needed regulatory and legislative clarity. Major U.S. Banks Big U.S. banks are holding internal discussions about expanding into...

Image generated by CariGold Mark Cuban thinks the Trump phone could be all about crypto fees Mark Cuban believes that the real money-making idea behind the Trump Phone might not be the device itself — but what's inside it. After Donald Trump Jr and Eric Trump unveiled a new Trump-branded smartphone on Monday, the billionaire investor floated a provocative theory on X. He thinks the $499 gold "T1" phone is likely about making crypto cash. "I think the smart game they are probably playing is to put a crypto wallet on the phone that leverages WLF, $Trump, and their stable coins," Cuban posted in response to the product launch. WLF is a reference to crypto firm World Liberty Financial that's connected with the Trumps. "Whatever...

Image generated by CariGold 1 Magnificent High-Yield Energy Stock Down 20% to Buy and Hold Forever The energy sector is volatile. That's a fact of investing life that anyone looking at the space needs to clearly understand. But not all energy companies are alike, and that can open up opportunities for investors that can see past what are sometimes headline-grabbing energy swings, like the price reversals that have taken place in recent days. Right now, Chevron (NYSE: CVX) is one high-yield energy laggard that is worth buying and holding for the long term. What is going on with oil prices? The first thing that investors need to understand is that oil prices can rise and fall in often dramatic, and swift, fashion. Even when the moves...

Image generated by CariGold Where Will XRP (Ripple) Be in 1 Year? Cryptocurrencies are often polarizing. True believers often dismiss any legitimate skepticism of a digital token and its blockchain, while financial traditionalists often can't imagine that any new financial process could take root in an established system. No matter where you fall on this spectrum, one coin that has gained significant attention lately is XRP (Ripple) (CRYPTO: XRP). The real-world benefit of XRP is that its blockchain allows for faster cross-border transactions. Sending money across the globe and converting it into another currency traditionally takes nearly a day and can be expensive, but XRP can do it in seconds and doesn't charge transaction fees...

Image generated by CariGold Crypto hails Senate vote on stablecoin bill as a major victory The Senate is preparing for a final vote Tuesday on a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for more favorable oversight in Washington, D.C. Though passage of the GENIUS Act in the upper chamber won’t yet make the new legislation law — it still needs approval from the House and President Trump — the crypto world is already lauding the bill’s swift progress as a major step. “I feel really good about [this bill],” said Dante Disparte, chief strategy officer and head of global policy and operations at Circle, the largest US...

Image generated by CariGold Elon Musk reveals shocking results from drug use test Elon Musk, the world's wealthiest person and President Donald Trump's onetime ally, has finally responded to allegations of drug abuse. On June 17, Musk shared a drug test report on X that shows negative for substances such as ketamine, cocaine, amphetamines, ecstasy, etc. Musk, who used to share his enthusiasm for cryptocurrencies quite often, has cultivated a sizeable fan base among the crypto community. Crypto Twitter was quick to respond to the billionaire's latest post, being curious and humorous. An advisor at the OKX crypto exchange, @Jeremyybtc, asked Grok to explain the details of Musk's post. The AI chatbot said the billionaire's drug...

Image generated by CariGold XRP Investors Have a New Strategy, and It's Straight From the Playbook of Bitcoin Legend Michael Saylor After the 2024 presidential election, XRP (CRYPTO: XRP) skyrocketed by nearly 600%, hitting a 52-week high of $3.39 in January. Although it has cooled off considerably since then, that brief run was enough to galvanize investors from around the world to find creative new ways to get exposure to XRP. What's happening now is unprecedented in the history of XRP. Companies in industries not even tangentially related to crypto or blockchain are suddenly deciding to add XRP to their balance sheets. The new XRP treasury strategy What do a Chinese transportation solution provider, a London-based renewable...