Is Internet Computer (ICP) Due for a Comeback or Total Collapse?
An ascent to $9 or further crash to $0.50: what comes next for ICP? Many leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), are currently trading far below their historic peaks, yet none of these declines compares…
SEC Ready to Write Crypto Rules if CLARITY Act Stalls, Chair Atkins Says
The U.S. Securities and Exchange Commission (SEC) is prepared to move ahead with its own cryptocurrency regulatory framework if Congress fails to pass the Digital Asset Market Clarity (CLARITY) Act, according to SEC Chair Paul Atkins. Speaking with CNBC, Atkins…
Consumer Technology Association Urges Senate Vote on CLARITY Act
Key Takeaways CTA urged the Senate to bring the CLARITY Act to the floor without delay. The group said clear crypto rules would encourage investment and innovation. Ethics protections and stablecoin rewards remain central Senate disputes. Technology Group Presses for…
Strategy posts $8.33B loss as Bitcoin holdings sink
Strategy reported an $8.33 billion second-quarter operating loss after Bitcoin’s 27% decline this year drove a sharp reduction in the value of its digital asset portfolio. Summary Strategy recorded an $8.32 billion unrealized digital asset loss during the second quarter….
MoonPay Launches PayBox, Letting ChatGPT and Claude Turn Prompts Into Crypto Payments
MoonPay has unveiled PayBox, a new AI-native payment vault that enables ChatGPT and Claude users to securely execute cryptocurrency transactions, interact with decentralized finance (DeFi) protocols, and even make real-world purchases without leaving the conversation. The company says the product…
Bessent Slams CLARITY Act Critics, Demands Senate Action Now
Key Takeaways Bessent says the CLARITY Act strengthens compliance standards for crypto intermediaries. The Treasury chief defended protections for noncustodial developers and cited police support. Senate leaders face growing political pressure to bring the bill to the floor. Bessent Pushes…
Coinbase shares fall after $1.36-per-share Q2 loss
Coinbase shares fell in extended trading after the crypto exchange reported a second-quarter loss and lower revenue, overshadowing record market share and growth across stablecoins and derivatives. Summary Coinbase reported a loss of $1.36 per share, reversing earnings of $5.14…
Bitcoin, Ethereum Outperform Markets in July as Chip Stocks Plunge 22%
Bitcoin has posted an August loss every year since 2022, giving traders another seasonal risk to consider. Bitcoin (BTC) and Ethereum (ETH) look set to finish July ahead of most major asset classes, with the former adding over 7%…
Central Bank Gold Purchases Jump 62% to 288.9 Tonnes in Q2
Key Takeaways Central bank gold demand hit a Q2 record of 289 tonnes, rebounding sharply from a weak Q1. Poland led purchases to near its 700-tonne goal, while China accelerated buying and Russia sold. Most central banks plan to continue…
MoonPay launches PayBox for ChatGPT crypto payments
MoonPay has launched PayBox, a noncustodial payment vault that lets users prepare and execute crypto transactions or online purchases through ChatGPT and Claude. Summary PayBox connects with ChatGPT and Claude through custom connectors and natural-language commands. Users can buy, swap,…
