Category: Crypto News
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SOL Tops $83 As Solana Network Activity Surges
Key takeaways: Solana’s tokenized assets and memecoin revival drove SOL to a 30-day high at $83. Bullish leveraged appetite cooled sharply, suggesting traders are hesitant to bet on further gains to $90. Solana’s SOL token jumped to its highest mark in over 30 days on Friday at $83, marking a decoupling from the altcoin market.…
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Bitcoin Eyes Independence Day at New July High as 200-week Trend Line Nears
Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period. Key points: Bitcoin sustains upside momentum as BTC price action nears its 200-week moving average. That trend line now forms the centerpoint of a “strong resistance area.” Global equities hit record levels as Fed rate-hike odds simmer on…
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Upbit Says It Isn’t Participating in Open USD Issuance
South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, after its operator Dunamu was named among more than 140 businesses involved in the new stablecoin initiative. “Upbit has only indicated our potential willingness to consider taking part in the future expansion of the OpenStandard ecosystem,” an Upbit spokesperson…
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Brazil to Regulate Crypto VASPs Like Traditional Securities Brokerages
Key Takeaways Brazil issued Resolution 580/2026 grouping VASPs into Type 3, matching brokerage rules as compliance costs jump. Crypto firms face strict capital and risk rules from Jan 1, 2027, next driving industry consolidation. VASPs will enter Segment 4 by June 30, 2028, losing low-risk perks as the bank next scales up monitoring. Central Bank…
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Aave V3 Goes Live on Monad With $15M Incentive Plan
Decentralized finance (DeFi) platform Aave has deployed its V3 lending protocol on Monad, expanding the layer-1 blockchain’s lending ecosystem with support for 12 assets at launch. On Thursday, Aave announced that the initial market supports USDT0, USDC, Aave’s GHO stablecoin, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC and sUSDe. It is also Aave’s first…
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XRP Network Activity Hits 3-Month High After Leverage Flush
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP network activity is improving after a sharp derivatives reset, with active addresses and wallet creation rates reportedly reaching a three-month high. The move came as leveraged positioning was flushed from the market, while XRP held around the psychologically important $1.00 support…
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Flare Targets XRPL Expansion With July 6 Vote on Songbird Confidential Compute Rollout
Key Takeaways Flare scheduled a July 6-13 governance vote to deploy Confidential Compute on its Songbird network. The update adds programmable execution to the XRP Ledger, unlocking DeFi utilities for Ripple assets. Testing on Songbird will gather critical operational data before launching on the primary Flare mainnet. Enhancing Cross-Chain Consensus Blockchain platform Flare has scheduled…
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Ethereum Staking Rate Surpasses 33% Despite Price Weakness
TL;DR Ethereum’s staking rate has climbed above 33% for the first time, setting a new all-time high. Around 33.06% of the total ETH supply is now locked in staking, reducing the liquid supply in circulation. A newly created wallet withdrew 9,876 ETH worth $15.4 million from Binance and staked the entire amount. Ethereum price continues…
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Bitcoin June Close Below 200 Week MA Above Realized Price
Bitcoin could face further downside pressure after ending June below its 200-week moving average but above its realized price, a combination that crypto analyst PlanB says suggests the market has yet to reach a bear market bottom. Bitcoin fell 20.5% in June to close the month at $58,526 — its worst monthly performance since June…
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OKX launches AI Marketplace for Autonomous Agent Economy
Cryptocurrency exchange OKX has rolled out the beta launch of its marketplace for artificial intelligence (AI) agents. The OKX AI platform enables users to list their own AI agents, enables AI agents to find work, transact autonomously and build an onchain reputation, according to a Tuesday announcement shared with Cointelegraph. The platform connects two marketplaces:…
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