Joseph Rees

XRP Sentiment Sinks to Lowest Since October 2025 as Santiment Flags Trader Fatigue

Key Takeaways XRP sentiment has hit an 8-month low, matching its October 2025 trough, per Santiment. XRP is currently trading near $1.13, down about 38% in 2026, with the $1 support level now within reach. Santiment notes XRP’s sharpest rebounds…

Figure Buys Kiavi for $717M as It Targets $200 Billion Lending Market

Key Takeaways Figure agreed to buy Kiavi for $717M, adding AI-powered real estate lending technology. Figure expects $7B+ annual loan volume and targets 40%+ first-lien share by 2027. Sixth Street backs the deal as Figure expands tokenized lending via Figure…

Brazil Introduces Bill 2946 to Turn Central Bank Crypto Rules Into Federal Law

Key Takeaways Donizette filed Bill 2946/2026 to next enforce mandatory registration across Brazil’s crypto market. The bill codifies Resolution 519 of 2025, thereby bringing statutory stability to VASP regulatory standards. After Tuesday’s debut, the Chamber of Deputies will next debate…

Coinbase, MassPay Link 180-Country Network to Enterprise USDC Payouts

Key Takeaways Coinbase and MassPay are linking USDC payouts to a 180-country enterprise network. Companies can fund in dollars, convert to USDC, and pay recipients globally. Marketplaces, creator platforms, and multinational firms may benefit from faster settlement options. Stablecoin Payouts…

Millions Recovered in Crypto as $100M Fraud Scheme Falls Apart

Key Takeaways Authorities seized $7.1 million from cryptocurrency wallets connected to the fraud scheme. Nearly $100 million moved through 19 accounts on eight cryptocurrency exchanges and 81 bank accounts. Digital assets were purchased through Gemini, Bitstamp, and Coinbase before transfers…

CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them

Key Takeaways The CFTC proposed a rule June 10 defining sports event contracts as gaming while permitting nearly all of them. Five categories would be banned: injuries, officiating, discrete actions, altercations, pre-college sports. Event contract listings grew from 220 in…

SIM Mining Launches New Cloud Mining Plans To Make Cryptocurrency Mining Easier And More Profitable $58,888

SIM Mining Launches New Cloud Mining Plans To Make Cryptocurrency Mining Easier And More Profitable $58,888 – Bitcoinik Home Press Release SIM Mining launches new cloud mining plans to make cryptocurrency mining easier and more profitable $58,888 Source link

Scott Bessent Threatens Unprecedented Economic Payback Against Iran

Key Takeaways Scott Bessent warned that Iran’s USDT tolls will next trigger market offsets from their accounts. After blocking billions under Operation Economic Fury, the US will seek to use Iranian assets to repair market allies. On June 6, ABC…

Crypto And Bitcoin Market News: Key Events From The Last Week (July 30 – August 5, 2025)

1. Bitcoin Price Volatility and Market Sentiment Bitcoin experienced significant price fluctuations last week, dropping 3.4% to close below its consolidation limit of $116,000, ending a 16-day consolidation phase. The decline was driven by a risk-off sentiment fueled by macroeconomic…

‘We Will Be Taking Kharg Island’ Trump Warning Puts Oil, Stocks and Bitcoin on Alert – Bitcoin News

Key Takeaways Trump warned Iran on June 11 as bitcoin traders watched oil and inflation risk. BLS said PPI hit 6.5%, raising pressure on crypto, exchange-traded funds (ETFs), and rate-cut bets. Brent held near $92, but Kharg Island keeps the…