Can the price reach $0.23 in the short term? Last month, Cardano’s ADA collapsed below $0.14, the lowest level since the end of 2020. Meanwhile, its market capitalization briefly plummeted to roughly $5 billion, leaving the asset temporarily out of crypto’s top 20 club. The bulls, though, managed to halt the free fall and…
Robinhood has emerged as a key platform in the rollout of the Trump Accounts program, with U.S. Treasury-backed child investment accounts scheduled to begin transfers ahead of the initiative’s July 4 launch. Summary Robinhood is expected to help roll out the Trump Accounts program ahead of its July 4 launch. Eligible children will receive a…
“Real liquidity for Philippines,” CZ said. The world’s largest crypto exchange has run into serious trouble with EU financial regulators, and the uncertainty has triggered concern among its user base. Despite its issues in Europe, however, Binance has strengthened its global presence after officially entering the Philippines. The Push in Asia Several hours ago,…
Shielded Labs has raised the possibility of delaying Zcash’s Ironwood network upgrade, citing readiness concerns among exchanges, mining pools and wallet providers ahead of the planned late July activation. Summary Shielded Labs says Zcash’s Ironwood upgrade may be delayed as ecosystem participants need more preparation time. Exchanges, wallets and mining pools are simultaneously migrating from…
Bitcoin bounced from $58,000 toward $62,000 this week, while altcoins recovered and ETF inflows returned. Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall sentiment remains nothing but fragile. Last week at this time, Bitcoin was still struggling around…
Standard Chartered has secured a MiCA passport as the European Securities and Markets Authority has added 57 newly authorized crypto firms to its register following the end of the EU’s transition period. Summary ESMA has expanded its MiCA register to 300 authorized crypto firms after approving 57 new providers. Standard Chartered and FalconX have secured…
Open USD’s unveiling hit early controversy after multiple Korean companies said they only learned about their inclusion through media reports. Several major South Korean companies have said they have not formally joined the newly announced Open USD (OUSD) consortium, despite being listed among its participating organizations. Open Standard, the independent entity behind the stablecoin,…
President Donald Trump has denied knowing about the at least $1.4 billion in crypto income disclosed in his latest financial filing, while defending both his personal gains and his family’s involvement in the digital asset industry. Summary Donald Trump said he was unaware of the at least $1.4 billion in crypto income disclosed in his…
In crypto news today (July 3), Bitcoin has surged back above $60,000, up +2.7% over the past 24 hours as the market continues to show signs of life. Daily liquidations dropped slightly from yesterday, down from $448M to $413M, with shorts still making up the bulk of that figure at $283M. The upturn across the…
Bitwise has strengthened its proposed spot NEAR ETF with a staking feature in a new SEC filing, helping drive NEAR nearly 12% higher as the token broke above a multi-week downtrend. Summary Bitwise has updated its proposed spot NEAR ETF, adding staking while naming NYSE Arca, BNY Mellon, and Coinbase Custody in the filing. NEAR…
