Crypto

Source: Coin Tegraph Key takeaway: Bitcoin price sits on a slippery slope as tensions in the Middle East and investors’ decision to cut risk threaten a drop under $100,000. Bitcoin (BTC) reached a weekly high of $110,653 on Monday, but it is currently down 3.5%, dropping to a low of $106,600 on Thursday. Escalating tensions…

Source: Coin Tegraph Circle’s USDC stablecoin (USDC) launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network. According to an announcement from Ripple, the launch of USDC on the platform will enable investors to use XRP as a bridge currency to transfer their stablecoins between…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Shiba Inu has witnessed a dramatic spike in its burn rate over the past 24 hours, according to data from Shiba Inu burn tracker Shibburn.com. The total number of tokens sent to burn addresses surged by over 1,800% during this…

Source: Coin Tegraph Trident Digital Tech Holdings, a Web3 company based in Singapore, said it will start an XRP (XRP) treasury of up to $500 million. By doing so, the company joins a host of others that have, since May, announced reserves of the Ripple-created cryptocurrency. “This initiative reflects our belief in the transformative potential…

Source: Coin Tegraph Several technology companies have joined Nillion’s newly launched Enterprise Cluster — an initiative aimed at extending decentralized applications beyond cryptocurrencies into privacy-focused use cases such as healthcare, financial management and enterprise data sharing. As part of the partnership, Deutsche Telekom, Alibaba Cloud, STC Bahrain and Pairpoint by Vodafone are operating infrastructure nodes…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Saylor doesn’t seem bothered about other big companies joining the Bitcoin bandwagon. Speaking on Bloomberg Crypto alongside Matt Meilier and Katie Greifeld, the MicroStrategy (rebranded to Strategy) executive chairman made it clear that he’s not losing sleep over JPMorgan…

Source: Coin Tegraph Key points: Bitcoin hits its anticipated $107,000 low before heading higher as US inflation data boosts bulls. US dollar strength suffers as inflation continues to slow beyond expectations. BTC price expectations include new all-time highs before the end of the month. Bitcoin (BTC) bounced near $107,000 at the June 12 Wall Street…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a press release, Tony G Holdings, a company trading under the TONY ticker on the CSE, joined the DeFi space with a massive acquisition. Per the document, the publicly traded company purchased 10,000 HYPE the native token of…

Source: Coin Tegraph Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties. Tether Investments on Thursday announced the acquisition of 78,421,780 common shares of Elemental (ELE) from La Mancha Investments, representing 31.9% of Elemental’s issued…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple chief executive Brad Garlinghouse used XRPL Apex 2025 to set an audacious target for the company’s native asset. “If you’re driving all the liquidity, that’s good for XRP … so I’ll say five years, 14 percent,” he told the…