Crypto News

Image generated by CariGold GameStop Has Taken a Page Out of MicroStrategy's Playbook. Can It Save the Struggling Stock? In 2020, MicroStrategy (now doing business as Strategy) and its co-founder Michael Saylor embarked on a novel concept. They began using the company's capital to buy Bitcoin, the world's largest cryptocurrency. Saylor believed that the token's finite supply could make it a hedge against inflation and, therefore, a smart investment. Saylor's bet paid off exceedingly well, with MicroStrategy stock appreciating significantly since the company's first Bitcoin purchase. Consequently, the company gained credibility to raise fresh capital for further Bitcoin acquisitions, now owning over 2.5% of all outstanding Bitcoin...

Image generated by CariGold Bitcoin Remains Defiant Amid Escalating Middle East Conflict and Trade War Fears Bitcoin hovered around $105,100 on June 14, down 0.22% over the past 24 hours as traders digested geopolitical tension. Price action remained relatively tight, with BTC moving within a $2,090 range from $104,220 to $106,135. The largest moves occurred overnight in Asia trading, where Bitcoin briefly dipped below $104,200 before rebounding on high volume. Much of the recent volatility has been driven by developments in the Middle East. The Israel-Iran war, which some analysts fear could spread to other parts of the Middle East, combined with trade tensions between the U.S. and some of its key trading partners, has unsettled...

Image generated by CariGold 3 Things DOGE Did in Trump’s First 100 Days and How They Affected Your Wallet President Trump proclaimed at the beginning of his second term through several executive orders and initiatives designed to reshape the government and economy. One of the most controversial was the Department of Government Efficiency (DOGE). In just 100 days, DOGE officials slashed federal programs, eliminated thousands of jobs and froze spending across agencies. While officials touted billions in savings, the financial fallout for everyday Americans was more complicated. From weaker consumer protections to longer wait times and higher out-of-pocket costs, here are three things DOGE did in Trump’s first 100 days and how they...

Image generated by CariGold Trump earns over $600 million from crypto, holds assets worth at least $1.6B U.S. President Donald Trump reported more than $600 million in income from various business ventures, including cryptocurrency, golf clubs, and licensing deals. The financial disclosure document, signed on June 13, includes details suggesting it covers the period through December 2024. This timeframe would exclude most earnings from the family’s cryptocurrency ventures launched in early 2025. The report captures a period when the Trump family was beginning to enter the cryptocurrency sector while maintaining their real estate and golf club businesses. Trump’s meme coin, known as $TRUMP, has reportedly generated approximately $320...

Image generated by CariGold Key Points They say absence makes the heart grow fonder, but in markets, scarcity often makes prices grow faster. Investors balking at stretched stock valuations, macroeconomic turmoil, and governments drowning in IOUs have a challenging task ahead: Find an alternative store of value that can still compound wealth. Enter Bitcoin (CRYPTO: BTC), an asset that offers a respite from inflation, and, thanks to a hearty amount of institutional capital flowing in every week, no longer sits at the fringe. If its fundamentals and adoption trajectory hold, the next five years could tilt decisively in its favor, making holders a lot richer along the way. Scarcity and debt could be a troublesome cocktail for stocks...

Image generated by CariGold Key Points In June 2020, the value of the crypto stablecoin industry was $10 billion. Five years later, it's now a $250 billion industry. That makes stablecoins one of the fastest-growing areas of the crypto market right now. In fact, stablecoins have grown so fast and have become so popular that they have attracted the attention of Congress, which is looking for ways to regulate them. There are now two competing pieces of legislation, one in the House and one in the Senate, and the goal is to have a final bill passed before the end of the summer. For crypto investors, this new legislation could have important consequences. In theory, it should make stablecoins much more approachable for the average...

Image generated by CariGold Analysts Show Confidence in S&P Entrant, Raising Target by 15% The analysts at Cantor Fitzgerald have raised their 12-month price target for Coinbase (Nasdaq: COIN) from $253 to $292. Founded in 2012, Coinbase is the largest crypto exchange in the U.S. that went public in April 2021. Last month, it emerged as the first public crypto company to earn a spot on the S&P 500 index. Cantor Fitzgerald analysts wrote in a recent note to clients that over the long term, Coinbase's trading activities will allow it to increase its market share and its activities outside of trading will materially alter "how investors view COIN." Though the analysts at Cantor lowered their revenue estimates for the crypto exchange...

Image generated by CariGold Trump's Financial Disclosures Reveal Income Streams President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday. Released by the Office of Government Ethics, Trump’s 2025 financial disclosure spans 234 pages in all, including 145 pages of stock and bond investments, and is dated Friday with Trump’s signature. One of the largest sources of income on the form is the $57,355,532 he received from his ownership stake in World Liberty Financial, the cryptocurrency platform launched last year. The form shows that World Liberty’s sales of digital...

Image generated by CariGold Trump Media's Registration for Bitcoin Treasury Deal Becomes Effective Trump Media and Technology Group said on Friday that the U.S. Securities and Exchange Commission has declared effective the registration for its bitcoin treasury deal. The company said it raised about $2.3 billion through a mix of debt and equity agreements with participation from around 50 investors. It said in May that the bitcoin will be held on Trump Media's balance sheet alongside existing cash and short-term investments totaling $759 million as of the end of the first quarter. Several companies, including video game retailer GameStop and Strategy, are adding bitcoin and other cryptocurrencies to their balance sheets to capitalize...

Image generated by CariGold Brazil's Meliuz raises $32.4 million in share offering to buy bitcoin SAO PAULO (Reuters) - Brazilian fintech Meliuz raised 180.08 million reais ($32.39 million) in a follow-on share offering aimed at obtaining funds to purchase bitcoin, it said in a securities filing on Friday. Meliuz said that the offering, which had investment bank BTG Pactual as bookrunner, was priced at 7.06 reais per share, a 5% discount over its Thursday closing price. Meliuz's move to buy more bitcoin came as the company earlier this year launched a new strategy allowing it to allocate cash reserves in the cryptocurrency, labeling itself "the first bitcoin treasury company" in Brazil. ($1 = 5.5594 reais) This article has been...

Image generated by CariGold In May, President Donald Trump’s administration relaxed barriers in 401(k) plans that discouraged investors from buying cryptocurrency and other digital assets. Biden-era guidance that was put in place in 2022 urged employers to exercise “extreme care” before making crypto and related investments available to their workers; Trump’s Labor Department has rescinded that guidance, opening the door for more Americans to add these investments to their retirement savings plans. While having more flexibility in the assets you can include in your 401(k) portfolio can be seen as a good thing, cryptocurrencies are known to be incredible risky investments. Here’s what you need to know before adding these assets to your...

Image generated by CariGold Tether Investments acquires stake in Elemental Altus, expands into gold-backed assets Tether Investments, an affiliate of the Tether Group, has announced the acquisition of a 31.9% stake in Elemental Altus Royalties, a Canadian gold-focused royalty company. The move is part of Tether's strategy to incorporate stable, long-term assets such as gold and Bitcoin into its ecosystem, enhancing its commitment to a resilient and decentralised digital economy infrastructure. On 10 June 2025, Tether Investments executed the transaction by purchasing 78,421,780 common shares from La Mancha Investments, representing 31.9% of Elemental's issued and outstanding shares. This transaction, known as the La Mancha Shares...

Image generated by CariGold Polkadot's big internet ambitions Polkadot was designed to support a Web3 future. The social networks and paywalls of the Web2 world have been dominant over the last 20 years. Many web users are now looking for new ideas. The Web3 concept offers an alternative by bringing more personal freedom and giving content creators more control. In this system, decentralized services replace gigantic hubs of advertising and social media connections. Polkadot's ecosystem provides a platform to bring these Web3 ideas into the real world. Though still futuristic with just a few success stories, Web3 apps could eventually take over online community connections and financial management. With blockchain-based systems, the...

Image generated by CariGold Peymo launches AI-driven multi-hybrid banking platform UK-based fintech innovator Peymo has launched what it claims to be the world's first AI-powered digital banking platform. The multi-hybrid bank is a digital finance platform integrating traditional fiat banking, cryptocurrency wallets, tokenised assets, and embedded finance into a unified system, aiming to streamline the financial management process for users and enterprises. The platform's infrastructure is based on a proprietary modular architecture, which enables users to manage a variety of financial instruments including GBP, EUR, crypto assets, and branded debit cards in a single interface. Furthermore, the system offers APIs that allow...

Image generated by CariGold Launched on 03/03/2005, the Invesco S&P SmallCap Value with Momentum ETF (XSVM) The fund is sponsored by Invesco. It has amassed assets over $571.15 million, making it one of the average sized ETFs attempting to match the Small Cap Value segment of the US equity market. Why Small Cap Value There's a lot of potential to investing in small cap companies, but with market capitalization below $2 billion, that high potential comes with even higher risk. Carrying lower than average price-to-earnings and price-to-book ratios, value stocks also have lower than average sales and earnings growth rates. Looking at their long-term performance, value stocks have outperformed growth stocks in almost all markets. They...

Image generated by CariGold Is First Trust Health Care AlphaDEX ETF (FXH) a Strong ETF Right Now? The First Trust Health Care AlphaDEX ETF (FXH) made its debut on 05/08/2007, and is a smart beta exchange traded fund that provides broad exposure to the Health Care ETFs category of the market. What Are Smart Beta ETFs? For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. However, some investors believe in the...

Image generated by CariGold These 3 Catalysts Could Bump Bitcoin to $125,000 by the End of Summer Key Points Ever since hitting a new all-time high of $111,970 on May 22, Bitcoin (CRYPTO: BTC) has struggled to find any upward momentum. In fact, over the past two weeks, Bitcoin has shown signs of dropping below the $100,000 level. The good news is that three big catalysts are emerging that could push Bitcoin higher within the next three months. If so, Bitcoin could hit a new all-time high above $125,000 before the end of summer. Strategic Bitcoin Reserve The first catalyst is new legislation for the U.S. Strategic Bitcoin Reserve. Yes, an executive order already exists for the creation of the Strategic Bitcoin Reserve, but there is...

Image generated by CariGold Stripe to Buy Crypto Wallet Provider Privy Payments company Stripe has agreed to acquire New York-based crypto wallet startup Privy for an undisclosed amount. Privy, founded in 2021 by Henri Stern and Asta Li, provides an API for developers to securely create wallets, sign transactions, and integrate onchain systems. The platform currently supports over 75 million accounts across more than 1,000 developer teams, facilitating billions in transactions. Privy’s technology is used across sectors including fintech and payments, decentralized finance (DeFi) and trading, consumer applications, gaming, and AI agents. The startup has raised just over $40 million from investors such as Ribbit Capital, Definition...

Image generated by CariGold Coinbase CEO Brian Armstrong: Ballooning government debt may make bitcoin the world's reserve currency More government debt, more potential opportunities for the crypto bulls. "One thing that is clear is that democracies around the world are having trouble getting deficit spending under control. If you study history ... once you decouple currency from hard commodities the inevitable story is they get overprinted and extended, right?" said Coinbase CEO Brian Armstrong at the Coinbase Annual Summit in New York City on Thursday. Armstrong said it's not a coincidence that bitcoin prices are hitting records as US debt reaches all-time highs. "I want the US to remain the reserve currency status," he added...

Image generated by CariGold Should You Buy Shiba Inu While It's Under $0.01? Key Points Shiba Inu (CRYPTO: SHIB) can't seem to catch a bid. The adorable meme coin hasn't joined in the rally that other cryptocurrencies have seen over the past year. Bitcoin has risen 58% over the past year, and XRP is up 365%. Even Dogecoin has gained 32%. Yet, Shiba Inu has dropped 42%. The token's price is currently $0.000013. It creates an interesting proposition for risk-seeking buyers. The cryptocurrency markets have experienced ups and downs, and the friendly stance the Trump Administration has taken toward the crypto space bodes well for investor enthusiasm, which could lift prices across the board. As you can see, that has already happened...