The raise includes a transaction of $10 million where the company accepted Bitcoin instead of cash. Read More at https://cointelegraph.com/news/trump-linked-american-bitcoin-raises-220m-for-bitcoin-mining-ops-and-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Bitcoin sets record monthly close at $107K as analyst tips 9% rally
Bitcoin closed June at a record monthly high of $107,100 despite forming a spinning top candlestick pattern that suggests market indecision. Read More at https://cointelegraph.com/news/bitcoin-clocks-highest-monthly-close-of-all-time?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex
Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week. Read More at https://cointelegraph.com/news/bitcoin-price-uptrend-lagging-onchain-metrics-traders-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analysts raise chance of SOL, XRP and LTC ETF approval to 95%
Crypto ETF summer has arrived with America’s first staked Solana ETP and increased odds for other spot altcoin funds, according to analysts. Read More at https://cointelegraph.com/news/analysts-tip-95-chance-solana-xrp-litecoin-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
TradFi could move onchain due to ‘horrible banking experiences’
Aave Labs founder Stani Kulechov says traditional finance has largely moved on from banks into fintech, and blockchain could be the sector’s next move. Read More at https://cointelegraph.com/news/tradfi-consider-blockchain-after-banking-let-down-aave-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle applies for US trust bank charter to manage its USDC reserve
Other crypto firms are also reportedly considering applying for a national bank charter, following in the footsteps of Anchorage Digital Bank, which received a license in 2021. Read More at https://cointelegraph.com/news/circle-applies-for-us-national-trust-bank-license?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SOL price rallies to $161 after ETF news, but is the rally sustainable?
Solana’s ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition. Read More at https://cointelegraph.com/news/sol-price-rallies-to-dollar161-after-etf-news-but-is-the-rally-sustainable?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH trading pattern points to 100% rally to $5,000: What are the odds?
Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term. Read More at https://cointelegraph.com/news/eth-trading-pattern-points-to-100percent-rally-to-dollar5000-what-are-the-odds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Spanish authorities arrest five people in $541M crypto fraud case
Europol reported that the investigation was ongoing, but authorities had made five arrests connected to a scheme that defrauded more than 5,000 people. Read More at https://cointelegraph.com/news/authorities-arrest-crypto-fraud-spain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin holds steady as major catalysts align for breakout above $110K
Bitcoin could break past $110,000 as inflation pressures mount, equities rally, and passive capital flows grow on potential S&P 500 rebalancing events. Read More at https://cointelegraph.com/news/bitcoin-holds-steady-as-major-catalysts-align-for-breakout-above-dollar110k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound