Crypto

Russian state-owned manufacturing firm Rostec has said it will roll out a ruble-pegged token called RUBx on Tron. And a payments platform to boot.

FTX seeks court approval to block creditor payouts in 49 countries, citing legal risks, with China accounting for over 80% of affected claims.

A subsidiary of the Amber Group, a publicly traded U.S. company specializing in digital assets, raised additional capital this week through the sale of equity to keep expanding a crypto reserve that includes Solana (SOL).Amber’s goal is to create a $100 million crypto stockpile. This kind of treasury and investment initiative favors a bullish Solana […] The post Solana Price Prediction – Institutional Investor Includes Solana in $100 Million Strategic Fund: Is Wall Street Warming Up to SOL? appeared first on Cryptonews.

Amber International announced on July 3 that it will deploy new capital into Sui, XRP, and BNB as the next phase of its $100 million Crypto Ecosystem Reserve, expanding its treasury, which already holds Bitcoin, Ethereum, and Solana. The company funded the expansion with a $25.5 million private placement, pricing American Depositary Shares at $10.45, […] The post Amber International shares fall 6.7% following addition of Sui, XRP, BNB to $100 million reserve appeared first on CryptoSlate.

Peter Thiel and other billionaires are planning Erebor, a new bank to fill the void left by Silicon Valley Bank’s collapse — with crypto firms and startups in focus. Peter Thiel and other tech billionaires have reportedly spotted a major market opportunity in the void left by Silicon Valley Bank’s (SVB) 2023 collapse. They are now planning to launch a new financial institution — named after a Lord of the Rings reference — to serve crypto companies and startups that have struggled to secure financing since SVB’s downfall. SVB’s dramatic collapse in 2023 triggered contagion across the US banking sector and led to tighter lending standards. While its assets were later acquired by First Citizens Bank, no institution has stepped in to fill SVB’s unique role — until now.  For context: Before its collapse, SVB banked nearly half of all venture-backed technology and life sciences companies in the United States. Read more

Crypto price prediction: Bitcoin has revisited the $110k zone after brief consolidation, while XRP’s post-lawsuit recovery, SHIB’s wedge breakout, PEPE’s falling-wedge reversal, and Snorter’s Solana-based presale have given traders fresh cues that an altcoin upswing may develop over the summer.   The post Crypto Price Prediction Today 4 July – XRP, Shiba Inu, Pepe appeared first on Cryptonews.

The lucky solo Bitcoin miner processed a block with a reward of 3.137 BTC, or $349,028, late Thursday night.

Bitcoin sold off near the $110,000 ceiling, but the price reset could give BNB, SOL, LINK and AAVE a chance to rally. Key point: Bitcoin’s bounce off the moving averages may improve sentiment, pushing BNB, SOL, LINK and AAVE above their overhead resistance levels. Bitcoin’s (BTC) failure to close above $110,000 may have attracted profit-booking by short-term traders. That has pulled the price near $108,000. Crypto analyst Daan Crypto Trades said in a post on X that a close above $110,000 would be good for Bitcoin, but a drop below $108,000 could deepen the correction. Read more

Rostec has announced the upcoming RUBx stablecoin on the TRON blockchain with the RT-Pay system. Supported by ruble-denominated obligations and CertiK review, the token will facilitate compliant domestic and cross-border payments for firms and users restricted by SWIFT sanctions. The post Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin appeared first on Cryptonews.

XRP Ledger posted the second-largest 30-day increase in tokenized real-world assets (RWA), adding 34.6% to reach $157.4 million, data from rwa.xyz shows.  Only Aptos outpaced that monthly growth, expanding nearly 57% to $539.3 million, while Ethereum maintained the lead by total value at $7.55 billion, with a 2.4% gain. Notably, the XRP Ledger is the […] The post XRP Ledger logs 34% in RWA monthly growth, eyes bigger boost from Mercado Bitcoin partnership appeared first on CryptoSlate.

The hackers laundered roughly $40 million worth of the stolen funds using Bitcoin, Ethereum, and Tether, according to a blockchain investigator.

Onchain data shows that retail investors are not buying Bitcoin, but analysts say they’ve shifted into buying the spot ETFs. Key takeaways: Onchain metrics suggest retail investors are asleep, but the ETFs’ AUM is growing Retail investors hold the majority of spot Bitcoin ETF shares — either directly or indirectly through investment advisers and hedge funds acting on their behalf. Read more

Traders placed large buy orders on Binance ahead of NFP data.

The decentralized exchange was one of 46 websites Turkey's financial regulator said would be blocked for residents. Turkey’s Capital Markets Board, the country’s financial regulator, announced it had blocked access to websites “providing unauthorized crypto asset services.” In a Thursday notice, the Capital Markets Board said it had taken legal action against 46 websites, including decentralized exchange PancakeSwap and Cryptoradar, in a crackdown on crypto services offered to residents of Turkey. The regulator cited the country’s Capital Markets Law as its authority to block the websites. PancakeSwap reported more than $325 billion in trading volume for June, making it one of the most significant decentralized exchanges alongside Uniswap and Curve. It’s unclear how Turkish authorities determined the platform had been offering “unauthorized” services. Read more

Mexican billionaire Ricardo Salinas has renewed his warning about the global fiat money system, urging ordinary people to sell their homes, buy Bitcoin (BTC) and gold, and brace for what he calls the collapse of fiat currencies. Speaking on Robert Breedlove’s “What is Money?” podcast, Salinas said real estate is no match for Bitcoin’s scarcity […] The post Mexican billionaire says sell your home, buy Bitcoin as fiat nears collapse appeared first on CryptoSlate.

Macro meets crypto has traced how inflation releases, central bank rate cycles, and internal gauges such as Bitcoin dominance have woven cryptocurrency into the wider economy. Tracking CPI, FOMC decisions, and dominance trends has offered a clear roadmap for positioning through the next 90 days. The post Macro Meets Crypto: Predicting Prices with CPI, Fed Rates & BTC Dominance appeared first on Cryptonews.

Increasing US regulatory clarity is enabling more traditional finance participants to seek out decentralized financial solutions. US Senator Cynthia Lummis submitted a draft bill on Thursday proposing to exempt certain crypto transactions from taxation and defer taxes on mining and staking rewards until the underlying tokens are sold. “My legislation ensures Americans can participate in the digital economy without inadvertent tax violations,”  said Lummis. The senator’s draft bill was published three weeks after the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passed the Senate in a 68–30 vote on June 11, Cointelegraph reported.  Read more

Bitcoin Cash has shed 7.8% this week, reversing part of June’s 20% surge. Futures open interest has expanded 24% and trading volume has doubled, yet on-chain activity has declined to 2018 levels. With RSI bearish and $400 acting as key support, the rally risks fading unless network usage improves. The post Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead? appeared first on Cryptonews.

Sweden's Minister of Justice has called on the authorities to make greater use of forfeiture legislation to seize cryptocurrency.

PEPE has swung 16.5%, last at $0.0000089, as the top 100 wallets have lifted holdings 3.95% to 303.21T tokens and exchange balances have eased 2.97%. Such accumulation has often preceded rebounds, yet tariff headwinds and a bearish MACD keep $0.00000094 support in view. The post PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming? appeared first on Cryptonews.