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Cryptocurrency majors held their ground on Tuesday despite a sharp turn in the macro market relative to risk assets. Bitcoin Bitcoin$81,006.53 It was trading just above $81,000 in early Asian trade on Tuesday, after briefly touching $82,026 overnight. Solana (SOL) and dog$0.1105 The major stock indexes performed best, rising as much as 2% on the…
DeFi lender Aave and other stakeholders affected by last month’s Kelp DAO hack initiated a binding Arbitrum governance vote to move $71 million in disputed ether to an address controlled by Aave LLC The Constitutional Arbitration Improvement Proposal (AIP) is the DAO’s formal on-chain governance mechanism for approving binding agreement actions. This revised proposal implements…
XRP continues to approach the same resistance area that it has refused to rebound since February, but its trading pattern is starting to change. Prices no longer sell off immediately after hitting this range. Instead, XRP held near its highs, which is often more significant than the initial breakout itself. news background • Ripple Prime…
Bitcoin’s Bitcoin$81,002.49 Transparency was once considered one of its greatest strengths. Now, Ray Dalio says that may be why central banks don’t use it as a reserve asset, even though businesses and institutional investors have embraced it. The billionaire hedge fund manager and Bitcoin investor said on X, “Bitcoin lacks privacy. Transactions can be monitored…
Major financial assets and the U.S. consumer are moving in opposite directions, telling two very different stories about the U.S. economy. Bitcoin, the leading cryptocurrency and macro asset by market capitalization, rose 11.8% last month, its biggest gain since April 2025, and has since expanded by nearly 6% to $80,700, according to CoinDesk data. The…
MIAMI BEACH, Fla. — The next wave of internet commerce will run on a crypto rail because artificial intelligence agents are structurally unable to use traditional financial accounts, senior figures from Google Cloud and PayPal said Thursday at the CoinDesk Consensus Miami conference. Richard Widmann, global head of Web3 strategy at Google Cloud, said existing…
White House adviser Patrick Vitter said the CLARITY Act has the potential to become law before July 4, while Senator Kirsten Gillibrand pushed to include ethics provisions in the market structure bill. Miami Consensus 2026 ended with a heated debate about the role of prediction markets, and a lot more happened at our first meeting…
A Bitcoin whale came to life on Sunday, moving $40 billion worth of Bitcoin to new addresses after more than a decade of inactivity. According to data from blockchain tracking service Whale Alert, the transfer occurred around 19:16 UTC. The tokens were transferred from the address “1KAA8GGhVjjUjVTz1HKAjCyGNzAKQd882j” to “bc1qm6m6d33d02edr0k8yj9jgt027zl6dvx6thjrxy”. The wallet has been idle since…
Bitcoin mining’s biggest decentralization move in years has quietly taken place, with seven of the largest mining pools agreeing to support the same open standards. The Stratum V2 working group announced last week that Foundry, AntPool, F2Pool, SpiderPool, MARA Pool, Block Inc and DMND have joined the working group. Stratum V2 is an open source…
XRP finally broke above the $1.45 area that had capped gains for weeks, and the move came fast. Volume coincided with the breakout, which generally indicates greater open interest rather than retail chasing, although the rally began to lose momentum as the price approached the psychological $1.50 level. news background • Traders have been eyeing…