crypto

XRP spent the past two weeks trying to stop going down. Now it’s trying to go higher. The token pushed through $1.14, then $1.18, and finally reclaimed $1.20 on the strongest volume since the early-June washout, forcing traders to reassess a market that had been priced for further weakness. The move came as XRP-specific activity…

Coinbase (COIN) CEO Brian Armstrong believes bitcoin BTC$66,505.22 may have bottomed near $60,000. “My instinct is we probably have bottomed at this point, maybe at the sixty K number, but nobody can say for sure,” Armstrong said in a video posted on X on Monday. He added that he remains long bitcoin and expects prices…

A key player on the fast-growing derivatives exchange Hyperliquid’s private-company trading is shutting down, pointing to consolidation in one of the industry’s hottest new markets. Ventuals, the project behind perpetual futures tied to OpenAI and Anthropic valuations, said Monday it is winding down and that its team will join another project building within the Hyperliquid…

Much of the activity has occurred on offshore exchanges, including fast-growing platforms such as Hyperliquid, which has attracted professional traders seeking deep liquidity and continuous access to leveraged markets. Prediction market Kalshi, which introduced perps on its platform earlier this month, saw over $1 billion in trading volume within just one week. The debut comes…

Standard Chartered’s head of digital assets research Geoffrey Kendrick says bitcoin BTC$67,175.00 may have already put in its low for the current market cycle, arguing that a combination of improving investor flows, corporate buying and easing macroeconomic pressures points to a stronger recovery ahead. The latest call marks a shift in sentiment after several months…

The rest of the Clarity Act depends on that guarantee, because there is no digital asset market to regulate if the people who build it cannot afford to build it in the U.S. The provision survived the committee markup intact, despite a filed amendment that would have gutted it, and it must stay in through…

Strategy (MSTR) last week acquired 1,587 bitcoin for approximately $100 million, increasing its total holdings to 846,842 BTC, according to a Monday morning filing. The latest purchase was made at an average price of $63,024 per bitcoin. The company disclosed it had also increased its USD Reserve by $100 million to $1.1 billion via the…

Crypto traders will hope the week offers a reprieve to months of geopolitical anxiety that has stifled risk assets following Sunday’s announcement of an interim peace deal between the U.S. and Iran. Bitcoin climbed to nearly $66,000 on Monday, almost 3.5% above Friday’s level, while cryptocurrency-linked equities including Strategy (MSTR) and Galaxy (GLXY) advanced in…

The borrowing pushed the USD1 pool to 93% utilization, meaning retail depositors who had lent USD1 to the pool expecting to withdraw at will could not do so until the loans were repaid. WLFI repaid $25 million of the position, then minted $25 million in fresh USD1 days later, actively managing the token’s supply through…