Crypto

Bitcoin whales dumped 500K BTC worth $50B while institutions bought 900K BTC. Is crypto’s high-risk trade becoming Wall Street’s long-term asset? The post Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs? appeared first on Cryptonews.

Grammy-winning artist Drake has dropped a new song titled What Did I Miss? that compares his turbulent love life to the notorious volatility of Bitcoin. The post Drake Compares Love Life to Bitcoin Price Swings in New Lyrics appeared first on Cryptonews.

A cyberattack on Brazil’s Central Bank has triggered a wave of crypto laundering, with at least $40 million in stolen funds funneled into Bitcoin, Ethereum, and stablecoins. The post Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH appeared first on Cryptonews.

BONK and TON are today's top performers.

Here's what analysts believe is next for XRP.

Is Ethereum in for a bullish July? Let's examine a few outlooks.

Secret Service quietly amasses one of the world’s largest crypto cold wallets with $400 million seized, exposing scams through blockchain sleuthing and VPN missteps. The US Secret Service has quietly seized nearly $400 million in digital assets over the past decade, amassing one of the world’s largest crypto cold wallets, Bloomberg reported Saturday, citing people familiar with the matter. The agency’s Global Investigative Operations Center (GIOC) has tracked funds through open-source tools, blockchain analysis, and patience, Jamie Lam, an investigative analyst with the US Secret Service, reportedly told law enforcement officials in Bermuda last month. The agency’s crypto trove, much of which sits in a single cold-storage wallet, results from a string of investigations into scams. Scammers lure targets into seemingly legitimate crypto investment platforms in one typical scheme. Victims often see initial profits before the sites vanish with their deposits. Read more

Arkham says the massive Bitcoin whale transfer might be due to a wallet upgrade, but others in the industry have their own theories. Blockchain intelligence firm Arkham says the recent $8.6 billion in Bitcoin that was moved on Thursday for the first time in over 14 years doesn’t appear to be heading for a sell-off. “There are no indications that this whale is selling Bitcoin,” Arkham said in an X post on Friday. Arkham added that the eight transfers — which moved 10,000 Bitcoin (BTC) at a time from eight wallets that were untouched for over 14 years — may be possibly due to the owner upgrading from the original legacy wallet to a Native SegWit address, which is said to have improved security and lower fees. “Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1-addresses to bc1q-addresses,” Arkham said. Read more

Fund manager Bill Miller IV says the government shouldn’t be able to tax Bitcoin because it requires no work on their end. Governments have no right to tax Bitcoin because managing ownership rights requires no administrative efforts, says Miller Value Partners chief investment officer Bill Miller IV. “For them to reach their hand in there doesn’t make a ton of sense,” Miller told Natalie Brunell on the Coin Stories podcast on Wednesday. Miller, known for his early Bitcoin (BTC) advocacy, said Bitcoin doesn’t rely on government infrastructure to verify or enforce property rights, unlike traditional assets such as real estate. Read more

Can Dogecoin reclaim the key level of $0.25? Ripple CEO has confirmed the company is applying for a US banking license: Hodler’s Digest Ripple CEO Brad Garlinghouse confirmed on X on Wednesday that the company is applying for a license with the US Office of the Comptroller of the Currency (OCC), following an earlier report by The Wall Street Journal. True to our long-standing compliance roots, Ripple is applying for a national bank charter from the OCC, he wrote.  Garlinghouse said if the license is approved, it would be a new (and unique!) benchmark for trust in the stablecoin market as the firm would be under federal and state oversight with the New York Department of Financial Services already regulating its Ripple USD stablecoin. Read more

Conor Grogan, Head of Product at Coinbase, believes that there is a “small possibility” that the transfer of $8.6 billion worth of Bitcoin (BTC) on July 4 was a hack. Calling his claim “extreme speculation” in an X post on Friday, Grogan said he found the transaction movements to be “extremely odd.” He added: “If […] The post Suspicion surrounds mysterious $8.6 billion Bitcoin move appeared first on CryptoSlate.

Popular DEX PancakeSwap surged from 16% to 42% market share by June.

References to Bitcoin in songs, movies, and televised media indicate that the digital asset is breaking into mainstream popular culture. Musical artist Drake made a lyrical reference to Bitcoin (BTC) in a new song released on Saturday titled "What Did I Miss?" The hip-hop artist previously wagered $1 million in BTC on the outcome of the 2022 Super Bowl, the championship American football game, between the Cincinnati Bengals and the Los Angeles Rams. Drake's reference to Bitcoin, and the hallmark volatility of the supply-capped asset, appears in the first verse of the song: Read more

ETH stabilizes above $2,500 as SharpLink Gaming reiterates its treasury strategy and says Ethereum is becoming finance’s foundational layer.

The following is a guest post and opinion of Neil Mullins, CEO at Mojito  Web3 gaming is growing rapidly, but loyalty systems haven’t kept pace. In the last year, blockchain gaming didn’t just grow: it leveled up. According to the 2024 DappRadar Games Report, the space hit 7.4 million daily active wallets and added over […] The post Why loyalty is becoming web3 gaming’s next essential layer appeared first on CryptoSlate.

Tokenized real-world assets (RWAs) continue to gain traction as crypto firms push for clear regulations for onchain financial instruments. Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL). The real-world assets include tokenized fixed-income and equity financial instruments, according to an announcement from Ripple, the blockchain company that launched the XRPL. A report published by Boston Consulting Group and the blockchain company forecasted the tokenized RWA market to swell to a $19 trillion market capitalization by 2033. Read more

Singapore hits banks with $21.5M in fines over a $2.2 billion money laundering scandal involving cash, property and crypto

Going forward, they intend to hold 5% to 10% of BNB’s total circulating supply.

BCH sees heightened whale activity and rising open interest as traders weigh speculation against weak on-chain usage and recent suspicious transactions.

The resurgence of U.S. exceptionalism may positively impact bitcoin and stabilize the U.S. dollar.