More than 16 months after President Donald Trump signed the executive order establishing a Strategic Bitcoin Reserve, the initiative remains stalled, with two federal departments locked in an unresolved dispute over which one has the legal authority to manage it.A Turf War Over $20 Billion in BitcoinThe Trump administration’s plan to create a Strategic Bitcoin Reserve has been complicated by two government departments vying to run it, alongside questions about which has the legal authority to do so. Trump ordered the reserve to be created last year as part of his promise to turn America into the “crypto capital of…
Author: cryphedge
KuCoin partners with UAE Team Emirates–XRG ahead of Tour de France. KuCoin debuts Tour de France sponsorship with UAE Team Emirates–XRG. KuCoin expands global sports push with UAE Team Emirates–XRG deal. KuCoin announced that it has become the official cryptocurrency partner of UAE Team Emirates – XRG, marking a new sports sponsorship agreement that will debut publicly during the 2026 Tour de France. The partnership gives KuCoin exclusive rights in the Cryptocurrency Exchanges, Blockchain Trading Platforms and Crypto Wallet Services categories. The company’s branding will appear across the team’s buses, support vehicles and fleet cars throughout the three-week Tour de…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Second quarter of the crypto market tells one story from opposite ends: prices held where they started while everything underneath, market breadth, exchange volumes, on-chain revenue, and new listings, fell to multi-year lows, with June offering the first tentative sign the worst may be passing. Summary 82.1% of top 100 coins fell in June. Spot volume hit $3.0T, weakest since 2024. Bitcoin dominance held near 56% all quarter. New token listings dropped to a two-year low. The Same Story, Measured Two Ways Headline prices in…
A governance exploit has cost the BonkDAO treasury an estimated $20 million, after an attacker spent roughly $4.4 million acquiring enough BONK tokens to push through a malicious proposal that automatically transferred the funds to a wallet under their control.The incident, which unfolded over the course of a week and culminated early Monday, has reignited debate over whether onchain governance — long pitched as a transparent, community-driven alternative to centralized control — is fundamentally vulnerable to anyone willing to pay for a temporary majority.How the Attack UnfoldedThe scheme began on June 30, when an anonymous wallet submitted a proposal titled…
Will XRP break out this time, after almost a year stuck in a downward slide? That is also the question behind this fresh round of XRP price prediction talk making the rounds right now, and it is not going away anytime soon. XRP has gained more than 9% over the past week, and it is trading near $1.12 at the time of writing, after bottoming out at $1.01 a few weeks back. That bounce alone has brought the breakout chances conversation back to life, and the XRP price target being floated by some analysts runs anywhere from $4 all the…
Wall Street’s growing appetite for Ethereum-linked companies is giving BMNR stock a fresh catalyst. BitMine Immersion Technologies Inc. has expanded its Ethereum treasury to 5.74 million ETH, representing nearly 4.8% of the network’s circulating supply and bringing its long-term goal of owning 5% of all Ethereum within reach. The milestone reinforces BitMine’s position among the world’s largest corporate ETH holders while strengthening a business strategy increasingly driven by digital asset ownership, staking revenue, and Ethereum’s expanding role in institutional finance.BitMine’s Ethereum Treasury Is Reshaping the Investment StoryBitMine is no longer relying solely on crypto mining to create shareholder value. Instead, the…
Bitcoin’s rebound has cleared the first test: price recovered. The harder one starts now: proving buyers remain after the squeeze. 1D 7D 1M 1Y ALL Market Cap $1.27T 24h Volume $34.51B All-Time High $126,198.07 BTC is trading near $63,195 on July 7, up 6.6% over the past seven days, according to CryptoSlate’s Bitcoin market data. That puts it back above the worst levels of last week’s selloff, yet the rally still needs proof of cash demand after traders caught short finish buying back positions.The macro backdrop helps. The Bureau of Labor Statistics reported that US payrolls rose by 57,000 in…
Pepe (PEPE) is experiencing quite a price rebound after months of struggle. The frog-themed memecoin has rallied by 1.2% in the last 24 hours and 15.8% in the last week, according to CoinGecko statistics. While the rally has brought some relief to investors, the coin is still down by 73% over the last year. Let’s discuss what’s pushing PEPE’s rally, and if its price can continue surging.Source: CoinGeckoWhat’s Behind PEPE’s Price Rally?Source: Watcher.GuruPEPE’s latest price upswing could be due to a general memecoin rush. PEPE rivals, Dogecoin (DOGE) and Shiba Inu (SHIB), have also seen a slight price reversal. PEPE’s…
Key takeaways Stellar (XLM) is trading lower as bullish momentum fades. Derivatives data shows bearish positioning, with long-to-short ratios below 1 Positive funding rates indicate traders are still willing to maintain long positions despite the pullback. Stellar (XLM) remains under pressure on Tuesday as the coin extends its recent pullbacks. Although prices have weakened, derivatives and on-chain metrics suggest investor sentiment has not turned decisively bearish. Instead, market participants appear cautiously optimistic, with traders balancing expectations for a potential recovery against continued short-term weakness. Derivatives data shows mixed sentiment Recent derivatives metrics present conflicting signals for the digital asset. According…
Key takeaways Bitcoin (BTC) dropped below $64,000 despite improving derivatives data. Analysts at QCP note that July has historically been one of Bitcoin’s strongest months, averaging gains of around 7.5%. Glassnode says Bitcoin is showing signs of structural stabilization, with spot selling pressure easing significantly. Bitcoin (BTC) started July on firmer footing, recovering above the $63,000 level as improving derivatives positioning and easing selling pressure helped stabilize the cryptocurrency market. The rebound follows several weeks of volatility and comes as analysts point to historically favorable seasonal trends, strengthening technical conditions, and improving institutional flows as factors supporting Bitcoin’s recovery. At…
