Crypto

Republicans are still planning to pass three pieces of crypto-related legislation, but a majority of members in the House voted against a resolution to consider the bills. Cryptocurrency-related bills backed by US President Donald Trump failed to clear a key procedural step in the House of Representatives on Tuesday, despite the president’s public push for action. Trump had urged Republican lawmakers to “get the first vote done this afternoon” on legislation to regulate payment stablecoins as part of a larger effort to pass crypto legislation before the August recess. In a Tuesday post on his social media platform Truth Social, Trump ordered all Republicans to vote yes on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, a bill designed to regulate payment stablecoins in the US. Read more

Congress may pass the most consequential crypto law of the century this week. That’s bad news for one of DeFi’s murkiest gray areas, yield-bearing stablecoins.

The Bloomberg Terminal has begun displaying Bitcoin's price in millions, showing BTC at $0.118M as the premier financial data platform anticipates the cryptocurrency reaching the $1 million milestone while Wall Street veterans like Cathie Wood eye $1.5 million targets. The post Bitcoin Price Prediction: Bloomberg Now Shows BTC in Millions – Is Wall Street Preparing for a Massive Bull Market? appeared first on Cryptonews.

Kraken Derivatives US launched after the exchange’s acquisition of futures platform NinjaTrader earlier this year. Crypto exchange Kraken has launched a derivatives platform for US traders, offering access to CME-listed cryptocurrency futures and expanding the availability of institutional-grade trading tools. On Tuesday, the exchange announced the launch of Kraken Derivatives US, providing access to futures contracts via the Kraken Pro platform. The move expands Kraken’s product suite by expanding futures trading alongside its existing spot market offerings. According to Kraken Pro, access to Kraken Derivatives US has been rolled out initially in Vermont, West Virginia, North Dakota, Mississippi and Washington, D.C.  Read more

DOGE leads majors in crypto selloff. Banks can hold crypto under strict rules: Fed. Whale sends $2b BTC to Galaxy Digital for sale. Sequans buys $79m BTC. BTC backed loans cross $1b collateral on Coinbase. StanChart first global bank to offer BTC, ETH trading. Bitmine immersion buys $500m ETH. Sharplink bought another $73m ETH, now top holder. BofA launches crypto weekly research, bullish on ETH. Ripple, Circle, BitGo seek US bank trust license. xStocks can now be used as collateral on Kamino. Grayscale files for IPO. Revolut Pay on Moonpay available across UK, EEA. Tornado cash trial to begin today. Kazakhstan details crypto reserve plans

Stellar ($XLM) has advanced 72% within three weeks after PayPal chose its fast, low-cost chain for PYUSD, while daily transactions, active wallets and DeFi liquidity have peaked. With $528m in tokenized assets and record $140.7m TVL, the network has strengthened its case for enterprise adoption.   The post Stellar ($XLM) Rockets 72% on PayPal Stablecoin Move – But Can Bulls Crack the $0.48 Wall? appeared first on Cryptonews.

Bullish market-warming catalysts and over $1 billion in SHIB token burns have revived hopes for the coveted $1 Shiba Inu price target. The post Shiba Inu Price Prediction: SHIB Outperforms Bitcoin With Explosive Burn Rate – $1 SHIB Next?  appeared first on Cryptonews.

Pepe (PEPE) has surged 20.5% over the past 7 days, riding a strong wave of bullish momentum across the broader crypto market.Trading volumes have remained above $1 billion for six straight days, with a total of $9.4 billion in PEPE traded during this period, signaling growing demand and supporting a bullish Pepe price prediction in […] The post Pepe Price Prediction: PEPE Keeps Surging as $9B Flows In – Could This Be the Next $1 Meme? appeared first on Cryptonews.

Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.

According to Bitfinex, Bitcoin’s latest rally reflects a shift in how it’s perceived, positioning it not just as a speculative asset but as a strategic hedge in global finance.

The new futures-based ETFs aim to deliver 2x daily returns on SOL and XRP as spot ETF proposals await SEC decisions, ProShares said.

The FBI raided Polymarket founder Shayne Coplan's home last year.

New Zealander Julia DeLuney is accused of murdering her mother, Helen Gregory, after allegedly stealing tens of thousands of dollars in hidden cash to invest in cryptocurrency. New Zealander Julia DeLuney is accused of having murdered her 79-year-old mother, Helen Gregory, after funneling her money into crypto. According to a Tuesday report by Radio New Zealand, 53-year-old DeLuney is accused of killing her mother after stealing the money that she kept hidden in her home. Gregory reportedly distrusted banks and instead kept plastic packets hidden around the house. When Gregory was hospitalized after a fall in September 2023, DeLuney and her husband allegedly stayed at her house. The elder’s friends told the court that upon her return, she found the home in a poor state and noticed that money was missing. Read more

Solana is at the center of a “major milestone for DeFi” as the largest money market on its blockchain becomes the first to integrate tokenized xStocks as a collateral option. The post Solana Price Prediction: Stocks Are Coming to Solana – $1,000 SOL in 2025?  appeared first on Cryptonews.

XRP (XRP) has jumped 27% in the past 7 days, reclaiming the $3 level for the first time in months as excitement builds around the launch of the first XRP-linked ETF.Yesterday, a regulatory filing indicated that the ProShares Ultra XRP ETF (UXRP) will hit the trading floor on July 18. This supports a bullish XRP […] The post XRP Price Prediction: Institutional Inflows Hit $3.7B – Could XRP Hit $100 in 2025? appeared first on Cryptonews.

DFINITY has officially launched Caffeine, an AI-powered Web3 platform built on ICP, at the "Hello, Self-Writing Internet" event in San Francisco

XRP saw profit booking at $3 but steady buying by large investors suggests the rally could send the altcoin’s price to $4. Key point: Whales continue to buy XRP, creating a steady tailwind on the altcoin’s price. XRP (XRP) broke out from its long-term range on Friday and soared to $3.03 on Monday. XRP has since given back some of its gains, indicating profit-booking at higher levels. Read more

PI is available for trading on Gate.io, Bitget, and other popular exchanges but not on Binance.

The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett. California Governor Gavin Newsom has launched a new government efficiency task force that includes representatives from various crypto firms, potentially signaling the state’s recognition that blockchain technology could enhance public services. The task force, dubbed California Breakthrough Project, has tapped executives from Ripple, Coinbase, MoonPay and others to “advise and advance government efficiency and collaboration,” journalist Eleanor Terrett reported Tuesday.  According to Terrett, the task force held its inaugural meeting at Ripple’s San Francisco headquarters on June 6. It aims to foster collaboration between California regulators and industry leaders across the technology and business sectors, address government inefficiencies and boost transparency around public services. Read more

Most public sale participants either sold or transferred their PUMP tokens on its first day, following Pump.fun’s massive ICO.