Crypto

PI crashed 40% this week after a massive sell-off that drove it to consecutive all-time lows. However, it has rocketed by 10% since those lows, begging the question of whether the bottom is in. PI Network (PI) Price Predictions: Analysis Key support levels: $0.07 Key resistance levels: $0.10, $0.13, $0.16 PI Crashed to $0.07 PI […]

XRP’s price dipped below $1.07 yesterday, but the impressive market rebound helped it erase most losses. However, it still needs to reclaim a key level before it turns more bullish. Ripple (XRP) Price Predictions: Analysis Key support levels: $1.00 Key resistance levels: $1.3, $1.6, $2 Bears About to Retest $1 Support After a brief bounce, […]

The June CPI print pulled hike odds from 43% to 13%, with analysts now watching the September FOMC meeting for further cues on positioning.

Corporate treasury demand still supports Bitcoin, but Strategy's balance sheet now matters more than headline BTC purchase announcements.

“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott Bessent said Tuesday. US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to Iran on Tuesday, as hostilities ramped up in the Middle East.  Earlier on Tuesday, blockchain investigator Specter pointed to onchain data showing Tether froze four Tron wallets holding $131 million worth of USDt (USDT). Bessent confirmed on X that the wallets were tied to the Central Bank of Iran.  “US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” Bessent said Tuesday. “We will continue to aggressively follow the money and deny the Iranian regime access to the proceeds of its illicit revenue schemes.” Read more

Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator launch. Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March.  Staking revenue accounted for 98% of total revenue for the three months ended May 31, far outpacing the $624,000 from self-mining Bitcoin (BTC) and the $168,000 from consulting services, according to Bitmine’s latest 10-Q filing. On Monday, Bitmine said it had staked 85% of its ETH holdings, equating to around 4.9 million Ether (ETH).  “Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $284 million on an annualized basis,” said Tom Lee, chairman of Bitmine.  Read more

Coinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs high-agency humans for judgment and strategy. Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to cut 14% of its workforce earlier this year.  Coinbase cut 700 staff in May. In an email to employees, Coinbase CEO Brian Armstrong said AI has “dramatically” changed the pace of work and there was a need to “return to the speed and focus of our startup founding, with AI at our core.”  “Effectively, 100% of our employees are using AI on a daily basis here,” Coinbase’s head of platform, Rob Witoff, told Cointelegraph. “And close to 100% of our code, probably somewhere between 95% and 100%, is written by or with LLMs today.” Read more

July's positive seasonality may drive Bitcoin's recovery, but macro factors like the June CPI and geopolitical tensions could constitute a hindrance.

Claude Fable 5 looked at Bitcoin sitting at $62,000 and landed on $100,000 as the bull case price prediction. That is a predicts for a 61% move higher from a chart that just lost half its value. The post Premium Claude AI Model Fable 5 Predicts Bold Bitcoin Price Target by End of 2026 appeared first on Cryptonews.

Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear whether it has enough Democratic support to pass. The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while some Democrats continue to push for ethics provisions. In a Tuesday press conference, Senators Chris Murphy, Jeff Merkley, and Chris Van Hollen spoke alongside representatives for Americans for Financial Reform and Indivisible and Hollywood actor Ben McKenzie in opposition to the Digital Asset Market Clarity (CLARITY) Act. The lawmakers said that the bill did not address what they called “[Donald] Trump’s crypto corruption,” referring to the US President’s ties to the industry through his memecoin, his family’s World Liberty Financial company and other businesses and investments. “There is no reason to pass a new regulatory system for crypto if this syst...

The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.

A plunge below $0.90 or the start of a new bull run: what is next for XRP?

Perplexity AI predicts a $3 to $5 price for XRP by 2026, fueled by institutional demand and utility asset potential. The post Perplexity AI Predicts XRP Will Hit This XRP Price by End of 2026 appeared first on Cryptonews.

Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment workflows. Stablecoin treasury platform Velocity has raised $38 million in a Series A funding round to expand infrastructure that helps enterprises and financial institutions use stablecoins for cross-border settlement and treasury operations. The funding round was led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. Velocity said it plans to use the capital to expand its banking and payments network, develop new products and strengthen its regulatory capabilities. Founded in 2025, Velocity develops software that connects stablecoin networks with banking, custody, compliance and settlement systems. The company targets enterprise finance teams, payment providers, fintech firms and financial institutions using stablecoins for cross-border payments a...

Demis Hassabis says artificial general intelligence is only a few years away and proposes a new U.S. standards body to test frontier AI models before release.

The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins. The US Department of the Treasury and HM Treasury released a set of recommendations as part of the Transatlantic Taskforce for the Markets of the Future, which included stablecoin activity and tokenized finance. In a joint statement on Tuesday, the two treasury entities issued four recommendations focused on digital assets as part of bilateral cooperation between the two countries on financial markets. The task force recommended that authorities consider a private-sector-led group focused on “testing of cross-border use cases for tokenized assets” and that financial agencies in the US and the Bank of England identify shared approaches on the regulation of tokenized assets.  On stablecoins, the US and UK released a joint statement aimed at regulatory alignment and establishing a “dynamic stablecoin market across borders.”  Read more

Bitcoin approached $65,000 on July 14 as a sharper-than-expected slowdown in US inflation weakened the case for another near-term Federal Reserve interest rate increase. Data from CryptoSlate showed that BTC rose as high as $64,832 once the report landed, gaining about 4% from its intraday low and coming within $200 of a threshold it has […] The post Bitcoin pushes toward $65,000 on US inflation relief that may already be fading appeared first on CryptoSlate.

The exchange's user base represents about 43% of the estimated 741 million people worldwide who currently own cryptocurrency.

Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to pass.

Empery disclosed two February calls, but missing collateral data now hides which treasury would be forced to act first. The post Bitcoin treasuries already faced two collateral calls in 2026 and some loans can liquidate after just 12 hours appeared first on CryptoSlate.