Crypto

Shares of DeFi Development Corp. (DFDV) finished the day down by 3% following its upsized convertible notes offering to buy more Solana.

DeFi Development Corp has proposed issuing $100M in convertible senior notes due 2030, with buyers able to add $25M more. Funds will expand Solana holdings and finance share buybacks, positioning the firm for possible U.S. Solana ETF approvals that could lift institutional demand. The post DeFi Development Corp Races to Raise $100M for SOL – ETF Green Light Next? appeared first on Cryptonews.

The dEURO is overcollateralized by other digital assets such as Bitcoin, Ether and Monero. Cake Wallet added the decentralized stablecoin dEURO to its offerings on Tuesday, expanding its stable of euro-denominated digital assets for users. The decentralized stablecoin is overcollateralized by other digital assets, including Bitcoin (BTC), Ether (ETH) and Monero (XMR), meaning that to mint the dEURO stablecoin, users must first deposit other cryptocurrencies as collateral. Overcollateralizing, or depositing cryptocurrency worth more than the value of the asset being borrowed, acts as a shield against de-pegging events, the dEURO team told Cointelegraph. The dEURO offering also features automatic liquidations, which occur when loan-to-value ratios drop below a certain threshold. Read more

Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor and Aldermen approved the mine’s development after a 3-1 vote to rezone the targeted 50-acre site. The land will shift […] The post CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest appeared first on CryptoSlate.

The public feud between Donald Trump and Elon Musk has taken a sharp turn, with Trump now threatening to “look into” Musk’s deportation — a dramatic escalation that could rattle the very social sentiment supporting the TRUMP coin price outlook.Musk has long been a kingmaker in the meme coin scene, with past endorsements prompting the […] The post Trump Coin Price Prediction – Elon Musk Deportation Threat Triggers Crisis of Confidence Across MAGA Tokens  appeared first on Cryptonews.

The SEC's commissioners are reviewing Grayscale's uplisting of a large cap fund, a letter from the agency said.

Binance now commands 87% of global taker buy volume in BTC futures, far surpassing OKX, Deribit, and others combined.

BONK rallied to $0.00001494 as Tuttle Capital filed a post-effective amendment stating its 2x leveraged ETF could go live as early as July 16 if approved.

Bitcoin has been examined through AI modelling of prior bull cycles to sketch a scenario in which the price reaches $200K, detailing expected dominance surges, ETH/BTC shifts, altcoin seasons, sector hotspots, macro catalysts and the sentiment patterns investors have historically observed. The post What If Bitcoin Hits $200K? AI Projects Dominance Spikes and Altcoin Frenzy appeared first on Cryptonews.

Traders say Bitcoin will benefit from the proposed $5 trillion increase to the US debt ceiling, but data could suggest otherwise. Key takeaways: Historical data fail to show a consistent link between Bitcoin price gains and US debt ceiling increases. Bitcoin’s resilience reflects investors’ belief that the US dollar will continue to lose value due to US domestic fiscal policy.  Read more

Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market opening on the Toronto Stock Exchange. MOGO closed July 1 priced at 1.74 Canadian dollars, worth roughly $1.28. It opened on July […] The post Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening appeared first on CryptoSlate.

The tokenization initiative could lay groundwork for standardized carbon infrastructure underpinned by blockchain tech, the firms said.

Billionaire investor and entrepreneur Tim Heath shared his experience amid a growing trend of “wrench attacks” against crypto holders.

EURAU stablecoin has become Germany's first BaFin-licensed, euro-denominated digital currency after DWS, Galaxy Digital and Flow Traders secured an EMI licence for their AllUnity venture. Fully collateralised and MiCA-compliant, the token has offered transparent reserves and 24/7 cross-border settlement for banks, fintechs and corporate treasuries. The post EURAU Stablecoin Debuts: Deutsche Bank, Galaxy Launch Europe’s First MiCA-Regulated Euro Token appeared first on Cryptonews.

The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).

Design software giant Figma has filed for its IPO with the SEC, revealing substantial Bitcoin exposure, including $69.5 million in Bitcoin ETF holdings and an additional $30 million earmarked for future cryptocurrency investments, as corporate Bitcoin adoption reaches 141 companies holding $91 billion. The post Design Giant Figma Goes Public, Reveals $70M Bitcoin ETF Holdings and $30M Ready to Buy More appeared first on Cryptonews.

SOL rallied after the launch of the REX Shares Solana ETF, but bulls need to hold the price above $160. Key point: The launch of the REX Shares staked Solana ETF had a positive impact on SOL price, but trading above $159 would mark the start of a trend change. REX Shares launched the first US staked-cryptocurrency exchange-traded fund on Wednesday, giving investors direct exposure to Solana (SOL) and an opportunity to earn yield through staking.   Read more

Bitcoin and Ethereum prices are showing signs of life, but for traders with high-risk appetites, an underdog meme coin is flashing bullish signs.

Is the meme coin ready for another bull run, or will the decline continue?

Ripple applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) on July 2, CEO Brad Garlinghouse wrote in a post on X.  The filing would place Ripple USD (RLUSD) under federal supervision while maintaining its existing oversight by the New York Department of Financial Services, creating a “new […] The post Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight appeared first on CryptoSlate.