Trump’s crypto token buyers are down $3.8 billion, blockchain data shows
The TRUMP token is down 96% from its peak, and 85% of secondary market wallets for WLFI are underwater, reflecting a broader downturn in the sector.
Americans lost hundreds of billions on crypto speculation. Why is only some of it considered gambling?
Americans are on pace to lose more money on legal gambling this year than at any point in the country’s history. A new analysis by economics writer Joseph Politano projects that the total will exceed a quarter trillion dollars in 2026. Losses have climbed 67% since the start of COVID-19 and another 8% over the past…
Important Ripple (XRP) Announcement for July 4: Details
As the world’s most powerful economy and the widely regarded leader of the free world celebrates its 250th Independence Day, various initiatives are emerging to contribute in some way, including one from Ripple. The company behind the popular XRP altcoin announced that it has joined a nonprofit helping unemployed veterans to get high-quality jobs after…
How Much New Money Does Bitcoin Need to Start a Fresh Bull Run? (It’s a Lot)
Bitcoin might still enter another major bull cycle, but the amount of money needed to fuel it has grown dramatically compared to previous bull markets, according to the CEO of CryptoQuant, Ki Young Ju. In a recent thread, he argued that the cryptocurrency’s capital efficiency has declined considerably as the asset has matured. In 2011,…
EU moves to block retail investors from explosive boom of multibillion-dollar prediction markets
The region’s regulators emphasized that a product’s actual function as a derivative matters more than its commercial name or labeling when assessing compliance.
Reported Riot 500 BTC custody transfer exposes Bitcoin miners’ AI funding pressure
Riot Platforms’ reported 500 BTC movement to NYDIG Custody gives the market a live signal for how public miners may use coin treasuries as AI and data-center costs rise. PANews reported the July 3 transfer, citing on-chain monitoring data, and valued the movement at roughly $30.7 million. The available record supports a custody movement, but…
UK’s bold new crypto rules promise to unlock global trading, but huge compliance hurdles still threaten the rollout
The U.K. FCA’s crypto framework has been praised for prioritizing global liquidity and institutional adoption, but the authorization process is expected to be daunting.
Crypto wanted to replace Wall Street – Instead, Wall Street took over crypto
Crypto was founded on a simple premise: people should be able to send, hold, and manage money without going through a bank. Fifteen years later, some of the industry’s most significant developments involve banks doing that, on blockchains, for their own institutional clients. JPMorgan now settles payments in its own deposit token on a public…
Fake Weakness? Could Ripple (XRP) Be Setting Up for a Violent Move?
XRP seems to be showing one of the more interesting derivatives setups amongst the large-cap altcoins at the moment. On the surface, the price is climbing slowly, while the open interest is falling. Normally, this would suggest that traders are stepping away from the market. But when this happens alongside a rising net position delta,…