Crypto

Amid major moves by Bitcoin, Ethereum, XRP, and other top coins, Coinbase and Strategy both set stock records on Wednesday.

Trump Media’s shares finished up 5.5% on Wednesday, outperforming the Nasdaq, on which the company is listed. Trump Media and Technology Group (TMTG), majority-owned by US President Donald Trump’s family, has filed for two artificial intelligence (AI) trademarks tied to a planned feature on the Truth Social platform. “Truth Social AI” and “Truth Social AI Search,” the names under which the trademark applications were submitted, will allow Truth Social to become a source of “reliable information, non-woke news, and entertainment,” according Trump Media Chairman and CEO Devin Nunes. TMTG's shares closed the day 5.5% higher on Wednesday, a rally that outstripped the Nasdaq, index on which the company is listed. Trump Media posted a net loss of $31.7 million for Q1 2025, with revenue of $8.8 million. Read more

Altcoin season momentum has accelerated as AI-driven technical research has shown Chainlink, Cardano, and Avalanche have formed bullish consolidation patterns. The analysis projects 44 %–264 % upside within 30 days, supported by higher volumes, improving sentiment, and growing institutional flows. The post Altcoin Season Heats Up: AI Flags LINK, ADA, AVAX for Explosive Breakouts appeared first on Cryptonews.

HYPE rallies toward $50 after Sonnet BioTherapeutics combines with Rorschach to launch a $583 million Hyperliquid token treasury. Key point: Corporate treasury buying could boost sentiment, pushing HYPE above its $50 resistance level. Nasdaq-listed biotech company Sonnet BioTherapeutics said on Monday that it had formed a business combination with a newly created entity, Rorschach, to launch a Hyperliquid (HYPE) digital asset treasury.   Read more

With millions in crypto flowing into US elections, governments worldwide face pressure to regulate digital campaign contributions. While countries like the United States explore crypto as a new campaign fundraising tool, ministers in United Kingdom are sounding the alarm, with one calling for a ban on crypto donations over concerns about traceability and foreign interference. On Tuesday, Pat McFadden, a Cabinet Office minister, said he thought there was a case to be made for banning such donations, considering how hard they are to trace. McFadden addressed the topic after being asked by Labor party member Liam Byrne about banning crypto fundraising, saying that the UK should always keep its “legislation up to date to ensure that the financing of politics can be trusted by the public. Read more

The business is Bitcoin-native, earns revenue in the asset, and its broader ecosystem also offers 24/7 live coverage of financial markets.

Bitcoin shows its first major bearish signal in weeks, yet strong dip-buying and key support levels keep the bullish outlook intact. Key takeaways: Bitcoin formed a bearish engulfing candle, indicating potential short-term exhaustion. The Miners’ Position Index surged to its highest level since November 2024, and profit-taking hit record highs. Read more

The $100M acquisition brings Coin Metrics’ data, indexes and onchain analytics into Talos’s growing platform for institutional investors. Talos, a platform that provides trading infrastructure and technology for institutions trading digital assets, has agreed to acquire Coin Metrics, a popular blockchain analytics platform. A source told Fortune that the deal closed at over $100 million, though at the time of writing, it remains unclear how much was paid in cash versus equity. The acquisition will enable Talos to incorporate Coin Metric’s crypto market data, benchmark indexes and analytics tools into its platform. Read more

Lynch joined his Democratic colleagues in denouncing cryptocurrencies and calling for a central bank digital currency (CBDC). US Democratic lawmakers characterized crypto as an outright “scam” in a Wednesday press conference, pushing for the development and rollout of a central bank digital currency (CBDC). Representative Maxine Waters called the CBDC Anti-Surveillance State Act, a bill that would prohibit the creation of a government-controlled digital dollar, the “anti-innovation act.” The anti-CBDC bill and the GENIUS stablecoin bill “endanger our national security,” Waters said. Representative Stephen Lynch, who also attended press event, said crypto had no legitimate use case: Read more

Investors are racing to price in how the cryptocurrency could benefit from regulatory tailwinds and institutional adoption, analysts say.

One of the leading cryptocurrencies by market cap has landed a notable alliance.

US Attorneys continued hearing from witnesses in their case against the Tornado Cash co-founder and filed a motion to block testimony on crypto-related kidnappings and torture. US attorneys prosecuting Tornado Cash co-founder and developer Roman Storm are asking a judge to block certain testimony after opening statements on Tuesday suggested that defense lawyers plan to question witnesses on crypto-related cases involving kidnapping and torture.  In a Wednesday filing, interim New York Attorney and former Securities and Exchange Commission Chair Jay Clayton asked Judge Katherine Failla “to preclude evidence and arguments based on privacy rights” following opening statements. Specifically, Clayton requested that the judge not allow Storm’s attorneys to elicit testimony about “people being threatened, harmed, and even kidnapped” for their crypto during witness testimony.  Read more

Institutional investor demand for Solana-based staking options could set a fire under SOL price. Key point: Increased demand for liquid staking solutions combined with higher institutional interest could drive the price toward the $185 resistance. Liquid Collective introduced a liquid staking token on Solana (SOL), in partnership with Coinbase, Kraken, Galaxy, Anchorage Digital and Fireblocks. The Liquid Staked SOL (LsSOL) will cater to the rising institutional interest in the network in anticipation of SOL-based exchange-traded funds (ETFs) receiving US regulatory approval. Read more

Maxine Waters has stepped up warnings as the House reviews three crypto bills during GOP-led “Crypto Week”. She has argued that the CLARITY and GENIUS Acts would endanger consumers, enrich crypto billionaires, and deepen Donald Trump’s ties to what she calls “growing crypto crimes”. The post Digital Asset Bills Create A Casino For Crypto Billionaires, Rep. Maxine Waters Says  appeared first on Cryptonews.

World Liberty Financial (WLFI) token holders approved a governance proposal to make the WLFI token tradable, allowing the project to begin enabling transfers and secondary market access.  Token holders cast overwhelmingly affirmative ballots before the July 16 close, with 11.1 billion tokens voting “Yes,” equivalent to 99.94%.  World Liberty posted the “Make $WLFI Token Tradable” […] The post World Liberty Financial holders back WLFI public trading with massive 99.9% positive votes appeared first on CryptoSlate.

Ethereum has surpassed $3,280, escaping a four-year channel that capped prices below the 2021 peak. Continuous ETF purchases averaging $120M a day, BlackRock’s $5B holding and Wyckoff-pattern confirmation have supported volume above $40B, setting sights on $3,454, $3,757 and the $4,000 mark. The post Ethereum 9.65% Away From Massive 4-Year Breakout – $3,500 ETH Before Weekend? appeared first on Cryptonews.

Roger Ver, also known as "Bitcoin Jesus," has repeatedly called the US DOJ tax evasion case against him "politically motivated." Early Bitcoin investor and advocate Roger Ver, also known as “Bitcoin Jesus,” filed a lawsuit against Spain seeking to block his extradition to the United States, where he faces a tax evasion case. The lawsuit, filed at the European Court of Human Rights, argues that the extradition violates Ver’s human rights, according to Bloomberg Law. United States Department of Justice prosecutors charged Ver with tax fraud in April 2024, alleging that he owed $48 million. Spanish law enforcement authorities arrested Ver shortly after. He posted bail in May and was allowed to leave prison. Read more

GameStop eyes crypto payments for collectibles after $500M Bitcoin buy, says CEO Ryan Cohen on CNBC.

The new ETF claims to provide protection against losses greater 20%, relying on the structure of underlying ETFs that the new fund would invest in. Calamos Investments, an investment firm with over $40 billion in assets under management, has filed for a “laddered” Bitcoin (BTC) exchange-traded fund (ETF) in the United States, tapping into cautious crypto investors seeking exposure to digital asset markets. The product would add to a growing list of attempts by asset managers to package Bitcoin exposure with built-in guardrails, a response to the cryptocurrency’s volatility. According to a Fidelity analysis, Bitcoin has been three to nearly four times more volatile than major equity indexes. Calamos launched three “protected” Bitcoin ETFs in January. The new ETF would invest in options contracts that reference against the performance of five Bitcoin ETFs: BlackRock’s iShares Bitcoin Trust; Grayscale’s Bitcoin Mini Trust; the Bitwise Bitcoin ETF; the Fidelity Wise Origin Bitcoin Fund; and the ARK 21Shares Bitco...

ARKB had $6.2 million in outflows as Bitcoin ETFs overall added $403 million, marking nine straight days of inflows across the sector.