Crypto

The former bitcoin miner denied any wrongdoing related to its 2023 merger with U.S. Bitcoin Corp.

Ripple has secured preliminary CASP approval from Luxembourg, but XRP itself is pinned at $1.10 price level. Can it break on the news? The post XRP Price Prediction: Ripple Secures Preliminary Luxembourg CASP Approval appeared first on Cryptonews.

The real reason why crypto is down as BTC USD breaking support while ETH got slammed by cascading liquidations. Nikkei? The post Crypto News, June 23: Why is Crypto Down? BTC USD Falls Under 63K, as ETH Hits Triple Bottom in Massive Leverage Flush appeared first on Cryptonews.

Ripple secures preliminary CASP approval in Luxembourg ahead of July 1 MiCA deadline as companies race for EU crypto licensing. Luxembourg's financial regulator granted Ripple preliminary approval for a crypto asset service provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said Tuesday. Ripple said in a statement that the approval, once finalized, would allow it to offer regulated crypto services to banks, fintechs and other businesses across all 30 countries in the European Economic Area (EEA) through a single regulatory passport. The move builds on Ripple's existing Electronic Money Institution (EMI) license in Luxembourg, which allows it to provide regulated cross-border payments and electronic money services across the EEA. The update comes just days before the July 1 transitional deadline, when EU countries begin fully applying MiCA rules. Read more

The bitcoin price's long-term moving averages are set to flash a bearish signal soon. That's good news for the bulls.

XRP is down 10% on the weekly chart, with the $1 support on sight. Will buyers return there? Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.3, $1.6, $2 Sellers Eye $1 After the bearish retest of the $1.3 resistance, sellers returned in force and now appear ready to revisit the […]

Ripple has received preliminary approval for an important EU crypto license. This clears the firm's path for broader regulated payments services in Europe.

As institutional adoption accelerates, Aptos Labs’ Solomon Tesfaye discusses tokenized assets, BlackRock’s BUIDL fund, and the infrastructure requirements driving on-chain finance.

Roughly 120,000 traders have been wrecked in the past 24 hours as liquidations mount.

Bitcoin is facing pressure on two fronts with continued selling pressure and a new macro headwind, say analysts. 

Crypto prices are again on the defensive amid a global stock rout set off by a 10% plunge in South Korea's Kospi.

Weak volume and fading momentum kept XRP pinned near the bottom of its recent range, with the $1.05-$1.10 area emerging as the market's key line in the sand.

The newly public company shed close to half of bitcoin's entire market value in three sessions after announcing its first bond sale. Bitcoin, absorbing the same backdrop, fell less than 1%.

The Ethereum Foundation fired 54 employees and unveiled a new organizational structure as Vitalik Buterin said the group plans to reduce its budget by roughly 40%. The Ethereum Foundation (EF) has laid off 54 employees, roughly 20% of its workforce, as part of a major organizational restructuring. According to a blog post published Tuesday, the EF will reorganize around five specialized clusters covering protocol, access, user, community and institutional work. The Foundation said the changes are intended to concentrate resources on Ethereum's long-term technical priorities, including scaling, privacy, security and censorship resistance. Under the new structure, separate teams will oversee Ethereum's core protocol, user access tools, community engagement and work with institutions, while management and operations functions remain organized independently. Read more

The card will allow MiniPay's 16 million users to spend stablecoins through Visa's network as adoption of digital dollars grows across emerging markets. MiniPay has launched a Visa debit card that allows users in selected markets across Africa, Latin America, Southeast Asia and Europe to make purchases using stablecoins. According to Tuesday's announcement, the card is powered by Gnosis Pay's infrastructure, enabling users to pay directly from their MiniPay wallets while merchants receive local currency through Visa's network. MiniPay said it has grown to more than 16 million activated wallets across 65 countries since launching in 2023, with much of its adoption concentrated in Africa and other emerging markets. Read more

The Senate voted 85-5 to pass a major housing affordability bill that includes a ban on the Federal Reserve making a central bank digital currency until 2030. The US Senate has passed housing legislation that includes a ban on the Federal Reserve creating or working on a central bank digital currency (CBDC) until 2030, which is expected to be quickly taken up and passed by the House. The Senate on Monday voted 85-5 to pass the 21st Century Road to Housing Act, which aims to increase the housing supply after a bipartisan group of House and Senate leaders reached a deal last week to move forward with the legislation. The bill has included a CBDC ban since the Senate first passed a version of the bill in March, which outlines that the Fed may not, directly or indirectly, “issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency.” Read more

A rotation out of this year's best AI and chip stocks sank Asian markets, with South Korea's Kospi down 6%, and crypto fell with them. Bitcoin is down more than 3% on the week.

The White House issued twin executive orders to accelerate U.S. development of large-scale quantum computers while simultaneously hardening defenses against such machines.

A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should be passed without further amendments. A group of crypto lobbying organizations has urged Congress to pass a bill on crypto staking and mining taxes without changes, saying it would provide clarity on crypto rewards taxes and ensure blockchains “can be secured by Americans in America.” The Blockchain Association, the Crypto Council for Innovation and The Digital Chamber said in a letter on Sunday to House Ways and Means Committee Chair Jason Smith and its top Democrat, Richard Neal, that the Tax Clarity for Mining and Staking Act should be passed “as introduced.” “After years of uncertainty about how mining and staking rewards are taxed, the bill provides a durable compromise that innovators can support while addressing concerns raised by some lawmakers,” the group wrote. Read more

“We’re going to be investing in American quantum leadership like never before to stay ahead of the pack,” says US President Donald Trump. US President Donald Trump signed two executive orders on Monday to push to build a quantum computer and to focus on creating cryptography that can resist quantum attacks. The orders aim to take a “cohesive, whole-of-government approach” to accelerate the deployment and commercialization of quantum computing and “protect sensitive technologies and work with allies to ensure adversaries cannot use QIST [Quantum Information Science and Technology] to undermine national security.” The orders come as China ramps up its quantum computing ambitions following the announcement of its “Five-Year Plan” in March, which aims to expand investment in scalable quantum computers and the development of an integrated space-earth quantum communication network. Read more