Crypto

FARTCOIN is one of the worst-performing altcoins throughout the past 24 hours, begging the question if the pain is over.

Thailand’s five-year tax break on crypto capital gains looks like a dream for investors, but the fine print reveals a strategic push for surveillance, platform control and regulatory dominance. Thailand is rolling out the crypto red carpet, but before you jump in, there’s more to this tax holiday than meets the eye. Yes, it’s true, from Jan. 1, 2025, all capital gains on crypto transactions made through licensed platforms will be tax-free until the end of 2029.  At first glance, Thailand’s crypto tax exemption sounds like a trader’s paradise. No capital gains tax for five years?  Read more

The scheme involved the pair cold-calling 65 victims and convincing them to invest in a fake crypto consultancy firm.

Tesseract CEO James Harris says Ethereum is “one of our top conviction picks” and looks set to hit $6,500 by end of the year. Trade Secrets. Welcome to Trade Secrets Bitcoin and Ethereum price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Ether will skyrocket 160% from its current price of $2,570 before the end of this year, predicts crypto yield generation firm Tesseract CEO James Harris.  We forecast ETH at $6,500 by end-2025, assuming continued growth in ETH staking participation, higher gas consumption from layer 2 applications, and no significant regulatory headwinds specific to Ethereum, Harris tells Magazine. Ethereum is one of our top conviction picks among large-caps.  Read more

Strike’s Founder talks to CoinDesk TV about founding Twenty One with Tether and SoftBank and why he sees bitcoin as “moral imperative” as much as a financial instrument.

The company introduced a new metric, ETH Concentration, that measures the number of ETH held per 1,000 diluted shares outstanding.

Hyperliquid ($HYPE) nosedived 3.4% in 24 hours as bears shattered a critical $38 support, triggering a triple-top breakdown with $43 rejections. Trading volume spiked 37% to $270M, signaling escalating sell pressure as delta readings flashed -14.6K in a single candle. Despite the selloff, Hyperliquid retains its dominance as a top-tier perpetuals DEX, processing $1.57T in […] The post $HYPE Crashes 3.4% as Bears Shatter $38 Support – Is This the Start of a 20% Plunge to $31? appeared first on Cryptonews.

Falcon Finance’s Falcon USD (USDf) lost its dollar peg on Tuesday amid falling liquidity, collateral quality concerns and accusations of mismanagement. Update (July 8 at 4:01 pm UTC): This article has been updated to include comments from Andrei Grachev. Falcon USD (USDf), a synthetic overcollateralized stablecoin issued by decentralized finance (DeFi) protocol Falcon Finance, dropped below its intended $1 peg on Tuesday amid rising concerns over liquidity and collateral quality. CoinMarketCap data shows that Falcon USD (USDf) fell as low as $0.9783 on Tuesday morning. The drop triggered fresh scrutiny from the DeFi community, with some industry observers questioning the token’s backing and governance. Obchakevich Research founder Alex Obchakevich told Cointelegraph that he is “concerned about the situation,” adding that rumors of collateral quality issues have undermined investor confidence. Unlike fiat-backed stablecoins such as USDC (USDC) or USDt (USDT), Falcon USD is not directly pegged by US dollar depo...

Truth Social has filed to launch a crypto ETF tracking BTC, ETH, SOL, CRO and XRP, aiming to list on NYSE Arca after regulatory approval. Trump Media’s Truth Social has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking multiple blue-chip crypto assets.  According to a Tuesday filing, the “Truth Social Crypto Blue Chip ETF” will track the performance of a basket of top crypto assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL), Cronos (CRO) and XRP (XRP).  The preliminary prospectus said the ETF will allocate 70% of its holdings to BTC, 15% to ETH, 8% to SOL, 5% to CRO and 2% to XRP. A custodian will hold the underlying assets, and any changes to the allocation ratio will require an amendment to the agreement and regulatory approval.  Read more

The new Truth Social Crypto Blue Chip ETF would allocate 85% to bitcoin and ether, with solana, XRP and cronos rounding out the portfolio.

CME has overtaken Binance as the world's largest Bitcoin futures exchange by open interest, reaching $16.5 billion, while decentralized platform Hyperliquid achieved record-breaking $5 billion daily trading volumes and commands over 80% of the DeFi perpetual contracts market share. The post CME Beats Binance in BTC Futures While Hyperliquid Hits $5B in Volume: CoinGlass H1 Report appeared first on Cryptonews.

Ripple shareholder Linqto has filed for bankruptcy following months of controversy around securities laws violations, with the first hearing expected on Tuesday. Update (July 8 at 6:41 pm UTC): This article has been updated to include comments from Phil Haslett. Linqto, a private investment platform that allows investors to buy shares in pre-initial public offering companies, has filed for Chapter 11 bankruptcy in the United States. The company holds 4.7 million Ripple shares bought on the private market. Linqto filed for bankruptcy with the US District Court for the Southern District of Texas on Monday. Read more

The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.

Bitcoin holds above $108K as DDC boosts BTC holdings by 48%. Corporate accumulation offsets weak ETF flows, supporting bullish momentum into Q3. The post Bitcoin Price Prediction: Corporate Demand Rises Again – DDC’s BTC Stack Grows 48%  appeared first on Cryptonews.

CRO shot up by over 15% within an hour.

Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group. Major centralized exchanges (CEXs) have been exposed to nearly $1 billion in USDt transfers linked to wallets associated with Huione since its illicit marketplace was supposedly shut down, according to new data from Global Ledger. On May 1, the US Financial Crimes Enforcement Network (FinCEN) designated Huione as a primary money laundering concern under the PATRIOT Act. Since then, forensics experts have been divided on the extent of the platform’s shutdown. Global Ledger said it observed $10.13 billion in Tether USDt (USDT) transactions on Tron and $219 million on Ethereum in Huione-linked wallets between May 1 and June 17, in a research report shared exclusively with Cointelegraph. $942.9 million ultimately flowed into CEXs. Read more

Venture firm Ego Death Capital has secured $100 million for its second fund, aimed at scaling software startups building on the Bitcoin protocol. The post Ego Death Capital Raises $100M to Back Bitcoin-Focused Startups appeared first on Cryptonews.

You can set up and use a crypto hardware wallet in just a few steps. Learn how to get started, secure your keys and safely manage your assets. This guide shows you how to set up and use a crypto hardware wallet, using the Trezor Safe 3 as an example. You’ll learn to safely store Bitcoin, Ethereum and other assets offline, with clear steps for wallet setup, seed phrase backup, PIN protection and secure transaction signing. The article also explains how to connect your hardware wallet to MetaMask for use with DeFi platforms and NFTs – all while keeping your private keys offline. Whether you’re comparing the best hardware wallets in 2025 or need a crypto wallet tutorial for receiving and sending funds, this guide has you covered with actionable tips and best practices for long-term cold storage security. If you’re ready to take crypto wallet security seriously, using a hardware wallet is one of the best steps you can take.  You may already be aware of its advantages over a software wallet: keeping your private k...

Australian crypto asset manager DigitalX has secured $13.54 million from Animoca Brands, UTXO Management, and ParaFi Capital, among others, to grow its Bitcoin treasury. The post Crypto Asset Manager DigitalX Secures $13.54 Million to Expand BTC Treasury appeared first on Cryptonews.

Robinhood’s EU tokenized equity launch draws a wave of private company interest and regulatory scrutiny. Robinhood is seeing a surge of interest from private companies eager to tokenize their shares after the firm launched its stock token platform in the European Union last week. In a Tuesday interview with Bloomberg News, CEO Vlad Tenev said the company has received a wave of requests from private firms looking to make their equity accessible to retail investors through blockchain-based tokens on their platform. “Since our announcement, I’ve had a deluge of inquiries, private companies that actually want to access retail to have their shares tokenized and be a part of this revolution,” he said. Read more