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Best Cryptocurrencies to Invest Now as Prices Prepare to Go Parabolic
As crypto prices prepare for what could be the sharpest upside push this summer, a select few tokens are emerging as high-conviction picks, not just for short-term flips, but as strategic positions going into 2025. Ethereum (ETH) continues to hold institutional trust and layer-2 expansion strength, but beneath the surface, a breakout coin is gaining […]Cryptopolitan
Wed, Jul 2
Microsoft's gaming department releases thousands of employees
Microsoft Corp. began a new wave of layoffs on Wednesday morning, targeting its Xbox gaming division in the fourth major round of job cuts at the company’s gaming unit over the past 18 months. Shares of the company dropped 0.6% ahead of the day’s US market open. According to Bloomberg, the layoffs were communicated to […]Cryptopolitan
Wed, Jul 2
Trump Family Goes All In On BTC, Raising $220 Million For American Bitcoin
The Trump family’s foray into the cryptocurrency market is intensifying, with recent developments highlighting their commitment to Bitcoin (BTC). American Bitcoin, a cryptocurrency mining and holding company backed by Eric Trump and Donald Trump Jr. operating as a subsidiary of Hut8, announced...Bitcoinist
Wed, Jul 2
Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside
Dogecoin is revisiting a technical juncture it has not seen since the months preceding its 2020–21 parabolic rally, according to a comparative chart published by the pseudonymous analyst Kaleo to his 705,000 followers on X. In the annotated TradingView graphic, weekly candles for DOGE-USD trace two ...NewsBTC
Wed, Jul 2
Ripple's CEO clears concerns as Linqto shares federal investigations heats up
Ripple CEO Brad Garlinghouse addressed questions over the sale of Ripple shares through Linqto, a private equity trading platform. Linqto is under investigation by both the Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) for its sales practices, which allegedly misled thousands of retail investors. Garlinghouse shared a statement to clarify […]Cryptopolitan
Wed, Jul 2
Avalanche, Toncoin Price Prediction: AVAX, TON active addresses double, signaling bullish breakout
The cryptocurrency market generally edges higher on Wednesday, with select altcoins such as Avalanche (AVAX) and Toncoin (TON) staging minor recoveries. AVAX has increased over 3% on the day and is currently trading at $17.59.Fxstreet
Wed, Jul 2
Musk's Tesla sees rare win in China, but global sales remain erratic
Tesla’s Shanghai plant sent out 71,599 vehicles in June, 0.8% more than in June last year and 16% above May’s total. This marks its first annual delivery gain this year after China approved its upgraded driver-assistance technology. The China Passenger Car Association released the data on Wednesday without separating domestic sales from exports. Until June, […]Cryptopolitan
Wed, Jul 2
DeFi Development Plans $100M $SOL Purchase, Positions Solana-Based Altcoins to Surge
In a bold move similar to Strategy’s $BTC playbook, DeFi Development (formerly Janover) announced a $100M convertible note offering yesterday to fund large-scale purchases of $SOL. Such a move could significantly boost investor appetite for $SOL. It may also act as a powerful catalyst for top Solana...Bitcoinist
Wed, Jul 2
Bitcoin treasury watch: Coffee sellers, chipmakers, and London financiers make BTC moves
A quiet but powerful trend is taking shape across corporate boardrooms, as treasuries are piling into Bitcoin. Recent data reveals a surge in corporate adoption. From June 23 to 27 alone, 64 separate announcements referenced corporate Bitcoin activity. This involved over 10,000 BTC in total moving into treasury accounts. This comes in when Saylor’s Strategy […]Cryptopolitan
Wed, Jul 2
Spot XRP, Solana And Cardano ETFs Are ‘Up Next’, Says Expert–But When?
The United States Securities and Exchange Commission on 1 July approved Grayscale Investments’ Digital Large Cap Fund for uplisting as a spot exchange-traded fund, clearing the way for the five-asset vehicle—weighted predominantly to bitcoin but also holding ether, XRP, Solana and Cardano—to begin t...Bitcoinist
Wed, Jul 2
Public Firms Snag 131,000 BTC, Surpassing ETFs In Bitcoin Purchases
According to CNBC, corporate treasuries around the globe have surpassed exchange-traded funds (ETFs) in Bitcoin (BTC) acquisitions for three consecutive quarters. This indicates a growing interest among public companies to adopt strategies similar to those pioneered by Strategy, especially in a more...NewsBTC
Wed, Jul 2
Coinbase, Strategy lead losses as Trump's bill underdelivers on crypto taxation
Shares of crypto-related firms plunged Wednesday morning, with Coinbase Global Inc. and Strategy Inc. leading losses in US pre-market trading. The declines came amid political letdowns in Washington as President Donald Trump’s tax and spending “Big, Beautiful Bill” narrowly passed the Senate floor. Coinbase stock was down more than 15.6% to $335 as of Wednesday’s […]Cryptopolitan
Wed, Jul 2
Future Of Crypto ETFs: SEC Proposes Generic Standards For Token Listings— Details
The US Securities and Exchange Commission (SEC) is taking steps to establish comprehensive listing standards for crypto (ETFs, a development that could significantly impact the broader digital asset market. According to a social media post on X (formerly Twitter) by Eleanor Terrett, host of Crypto i...Bitcoinist
Wed, Jul 2
Long-Term Bitcoin Holders Near Pain Point Last Seen In October 2024
According to CryptoQuant analyst Darkfost, long‑term Bitcoin holders are sitting on unrealized gains last seen during the October 2024 market dip. Right now, those holders show an average profit of 220% on coins they bought and held for the long run. That figure is surprisingly low given Bitcoin’s r...NewsBTC
Wed, Jul 2
Tech billionaires led by Palmer Luckey to launch new bank to rival SVB, FT reports
July 2 (Reuters) - A group of tech billionaires led by Anduril co-founder Palmer Luckey are launching a new crypto-focused U.S. bank to fill the void left by Silicon Valley Bank's collapse, the Financial Times reported on Wednesday, citing people familiar with the matter.The group also includes ...Reuters
Wed, Jul 2
KBC to launch crypto trading for retail investors from Belgium and Central, Eastern Europe
KBC Group is preparing to offer retail clients in Belgium the opportunity to invest in major cryptocurrencies this fall, local media unveiled. With the move, the large financial services company is taking the lead among Belgian banks, which have been shunning the decentralized digital assets until now. KBC to allow cryptocurrency trading through Bolero Belgian […]Cryptopolitan
Wed, Jul 2
Crypto Today: Bitcoin resumes upward momentum eyeing all-time highs as Ethereum, XRP offer bullish signals
Bitcoin (BTC) resumes its bullish momentum after briefly declining to $105,100 on Wednesday. The largest cryptocurrency by market capitalization is trading at around $107,665 at the time of writing, up nearly 2% on the day.
UAE SCA answers crypto stakeholders' questions with updated security and commodity token regulations
After releasing a draft regulation under the title, “ Security Tokens and Commodity Tokens Contracts” back in January 2025, the UAE Securities and Commodities Authority has just released its full regulations for security tokens and commodity contract tokens. As per the announcement, the regulation ensures that securities and commodities contracts, including those issued using distributed […]Cryptopolitan
Wed, Jul 2
