Crypto

Circle shrugs off Jefferies warning as USDC dominates stablecoin trades

Circle shares have climbed despite a bearish analyst note from Jefferies, as fresh data has shown USDC processed more than twice the adjusted stablecoin trading volume of Tether’s USDT in June. Summary Circle shares gained despite a bearish Jefferies note…

Crypto

Bitcoin News Today: Dave Portnoy Vows to Hold BTC to Zero After $100K Buy

In Bitcoin news today, Dave Portnoy, founder of Barstool Sports, is sitting on millions in losses after buying BTC at $100,000 and he has decided his response is to hold the position all the way to zero. Bitcoin is currently…

Crypto

Is Another BTC Crash Coming?

Saylor hinted at another BTC move yesterday on X. However, it wasn’t what many anticipated. Strategy has completed its second BTC sale in just over a month, announced the firm’s co-founder and former CEO, Michael Saylor. The company has…

Crypto

Bitcoin spam fight escalates as Dashjr backs BIP-110

Bitcoin developer Luke Dashjr has rejected calls to withdraw BIP-110, a disputed proposal that aims to limit non-financial data on Bitcoin.  Summary Luke Dashjr rejected calls to cancel BIP-110 as debate over Bitcoin data use grows. BIP-110 targets non-financial data…

MicroStrategy Orange Dot Chart Signals Another Bitcoin Buy on July 7

Microstrategy Michael Saylor posted “Bitcoin is Digital Energy” on X, attaching Strategy’s orange-dot Bitcoin acquisition chart showing 847,363 BTC accumulated across 113 purchase events. Right now, traders are watching for a new SEC filing disclosing another BTC purchase. The post…

Ripple (XRP) Scores Major European Win With Full MiCA License

This authorization means the company enters the post-transitional MiCA era fully compliant, said a firm exec. Ripple announced minutes ago that it has received full authorization as a Crypto Asset Service Provider (CASP) from Luxembourg’s Commission de Surveillance du…

South Korean consortium completes won based digital currency pilot on Kaia

South Korean blockchain consortium has completed a proof of concept showing a blockchain-based digital local currency processing payments and settlements in under one second with a reported 100% transaction success rate. Summary K STAR and BNK Busan Bank completed a…

XRP Reaches Major Decision Point as Analysts Expect a Huge Move: Here Are the Targets

Can XRP indeed rally to $4, $5, or even $12? Ripple’s cross-border token has gained over 9% in the past week and now sits near $1.15 after bottoming (for now, at least) at $1.01 a few weeks ago. Such…

Coinbase faces criticism after AI alert posts fake World Cup result

Coinbase faced criticism after an AI-generated prediction market alert reportedly claimed Norway had beaten Brazil 3-2 before the match had started. The alert also said Erling Haaland scored twice, even though Coinbase’s own market page showed the match was under…

Bitcoin tests $63K as Saylor calls BTC digital energy

Bitcoin traded near $62,675 on July 5, according to crypto.news market data. The asset was up about 0.1% over 24 hours and 4.03% over seven days. Its market cap stood near $1.26 trillion, while 24-hour volume was about $17.57 billion….