Author: cryphedge

Aptos price rose to highs of $5.07 as trading volume jumped 189% to over $643 million. Data shows Aptos stablecoin supply nearing $1.2 billion. Aptos Labs and Jump Crypto have introduced Shelby, a decentralized storage protocol, enhancing Aptos’ appeal for web3 applications. The Aptos blockchain, a leading Layer-1 platform, has seen its native token, APT, experience a significant price surge. As Bitcoin recovered to above $106k, APT price climbed nearly 17% in the past 24 hours to highs of $5.07. Trading volume increased 189% to $643 million. The uptick in APT price coincides with the platform’s stablecoin supply approaching an…

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On Tuesday, June 24th, the SUI price experienced a slight 1.09% drop, reaching a value of $2.80. The pullback followed broader market uncertainty as the geopolitical tension in the Middle East persisted after Iran and Israel violated the ceasefire announced by Donald Trump. The declining trend in SUI futures open interest indicates weak bullish momentum and a risk of further correction. However, the daily chart shows a bullish counter opportunity as the price maintains a bullish pattern, with TVL value holding firmly above the $1.5 billion mark. SUI Counters Market Trend with TVL Growth   Over the past six weeks, the…

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Representatives from multiple universities met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on June 23 to discuss a staking rulebook.The meeting included representatives from the University of California, Berkeley School of Law, Georgetown University Law Center, the University of Chicago Law School, and venture firm Placeholder.According to the logs, the discussions focused on narrow definitions, economic guardrails, and open-source requirements when it comes to staking digital assets.Mutual-funds approachThe delegation worked under the Blockchain and Law at Berkeley (BLAB) banner and requested that the SEC certify the term “staking” only for products that perform protocol-level validation and…

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Tim Alper Author Tim Alper About Author Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked… Share Last updated:  June 24, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…

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The Senate Banking Committee released a seven-point framework for digital asset market structure and heard testimony urging Congress to translate those principles into statute without delay on June 23.Committee Chair Tim Scott and Senators Cynthia Lummis, Thom Tillis, and Bill Hagerty set out a plan that draws a statutory line between digital asset securities and commodities. However, there is no draft of a bill as of press time.Furthermore, the plan allocates jurisdiction to existing regulators instead of creating a single crypto agency while updating registration paths so compliant issuers can raise capital under an exemption tailored to distributed-ledger projects. The document…

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Ground-Breaking Presale Opportunity  Anso Finance’s presale is generating significant interest, offering tokens at a fraction of their potential value. Stage 1 price: $0.00355, with an expected listing price of $0.03. Early investors can earn 10x returns just by participating in the presale. In addition, staking rewards are set to be highly attractive, with early-bird staking bonuses for the first three months, including dynamic APYs reaching up to 50% for committed investors. Anso’s tiered staking program ensures long-term value for those who lock up their tokens.  Real-World Utility: Not Just a Speculative Asset  Unlike speculative assets, Anso Finance is rooted in…

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Bedrock leads daily gainers with 66.7% surge on a niche exchange platform. Binance and Bybit dominate trading for top gainers with diverse market caps. Price gains range from 21% to 66%, showing broad investor interest across tokens. The Phoenix Group’s latest report on June 24, 2025, identified the top daily gainers in the crypto market, including major price surges across ten projects. These tokens vary widely in market capitalization and trading platforms, with Binance and Bybit emerging as major exchanges driving much of the activity. The data shows a broad spectrum of investor engagement on this specific trading day. Bedrock…

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Shiba Inu is known as one of the most versatile coins of the cryptocurrency world, bringing in new elements to work with each passing day. The Shiba Inu ecosystem continues to work on its expansion and is now searching for that one catalytic moment when the market pivots to favor its odds, pushing the token to explore new highs very soon. As its sluggish price pace continues to worry investors, here’s a bullish take on how Shiba Inu can rise in 2025 and change its market trajectory for the better.Also Read: Shiba Inu Preps for Breakout With ‘One Killer App’…

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SUI price surged 15% to $2.91, rebounding from a weekly low of $2.29. Gains align with a broader crypto market recovery driven by improved investor sentiment and easing geopolitical tensions. SUI could break above $3 and potentially eye a new peak, or dip to support near $2. The SUI token, native to the Sui layer-1 blockchain, has soared by more than 15% in the past 24 hours, with gains to highs of $2.91 coming amid a lift in crypto market sentiment. Notably, Sui’s uptick halts a month-long decline that pushed the token from highs of $3.80 to its lowest levels…

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Federal Reserve Chair Jerome Powell reaffirmed that the central bank does not object to U.S. banks providing services to cryptocurrency companies or participating in crypto-related activities, so long as they follow established risk management and consumer protection standards.Powell made the statement during his semiannual monetary policy report testimony before the House Financial Services Committee on June 24, reinforcing recent steps by federal regulators to remove barriers that have long restricted crypto’s access to traditional banking.The Federal Reserve Board formally removed “reputational risk” from its bank supervision framework on June 23, ordering examiners to strike the subjective standard from examination manuals…

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