Author: Crypto Editor

There’s something quietly jarring concerning the timing. Simply days after saying the largest restructuring in Xbox historical past — a plan to get rid of roughly 3,200 jobs by way of fiscal yr 2027 — Xbox CEO Asha Sharma was named to a Federal Reserve process drive designed to check precisely what AI is doing to jobs and the broader economic system. The Xbox CEO AI process drive appointment is both a pointy irony or a significant sign about the place tech management and financial policymaking are converging. Presumably each. Key takeaways Xbox CEO Asha Sharma joined the Federal Reserve’s…

A key Ethereum indicator that foreshadowed earlier value bottoms has flashed once more, prompting consideration for the second-largest cryptocurrency.In response to Ali, a crypto analyst, Ethereum could be oversold. It is because on-chain information reveals the ETH MVRV ratio has formally dropped beneath 0.8, a stage related to a deep accumulation zone.ETHEREUM IS OVERSOLD!On-chain information reveals the ETH MVRV ratio has formally dipped beneath 0.8, placing it into deep accumulation territory.Traditionally, falling beneath this 0.8 MVRV stage indicators vendor exhaustion, as mixture market worth falls considerably beneath whole… https://t.co/LNkygeXO5n pic.twitter.com/jGhaQlV8fp— Ali Charts (@alicharts) July 10, 2026 Ali famous that traditionally,…

Whereas consumers have efficiently defended the $58K-$60K help area and established a sequence of upper lows on decrease timeframes, Bitcoin is now approaching a confluence of technical resistance the place bullish momentum will face its greatest take a look at because the breakdown from the mid-$70K area. Bitcoin Worth Evaluation: The Each day Chart On the each day timeframe, Bitcoin stays under each the 100-day and 200-day transferring averages, which proceed to pattern decrease and keep the broader bearish construction. However, the latest value motion has change into more and more constructive. Following the sharp sell-off towards the $58K help…

A person in North Carolina has misplaced $12,000 after falling for a financial institution impersonation rip-off that concerned faux emails and in-person couriers. The person says he acquired an e mail on Tuesday, March tenth that seemed to be from his financial institution, instructing him to name about his account, studies Durham Radio Information. He says he adopted the directions and referred to as the offered quantity and was informed that his financial institution playing cards wanted to be collected by a courier for safety causes. After a while, he says an individual, whom he describes as a male with…

Hedera-based lending protocol Bonzo Lend misplaced about $9 million after an attacker manipulated the worth of SAUCE used as collateral, permitting the account to borrow belongings far past the worth deposited.In a preliminary incident report revealed Saturday, Bonzo stated the attacker deposited 250 SAUCE, price only some {dollars}, earlier than submitting a value replace that inflated the token’s worth by roughly 12 orders of magnitude. The pockets then borrowed 6.63 million USDC and 34.5 million wrapped HBAR from the lending pool.The case illustrates how oracle failures can flip low-value collateral right into a device for draining massive quantities of liquidity…

Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) each turned optimistic within the week ending July 10, ending eight straight weeks of internet outflows. Based on SoSoValue information, Bitcoin funds pulled $197.40 million, and Ethereum funds added $84.42 million. The dual reversal adopted a stretch that had drained billions from the merchandise since mid-Might. Observe us on X to get the most recent information because it occurs Bitcoin ETF Flows. Supply: SoSoValue A Reversal After Two Months of Redemptions The flip capped a punishing run for each merchandise. Bitcoin ETFs had shed cash each week since Might 15, with…

When SK Hynix made its long-awaited debut on the Nasdaq, the reception was something however quiet. The South Korean chipmaker’s SK Hynix US itemizing — a $26.5 billion elevate by American Depositary Receipts — noticed demand run at seven occasions the obtainable share provide, and the inventory surged over 13% on its first day of buying and selling. However what occurred subsequent on the crypto facet of the fence was simply as putting: inside hours, Pockets in Telegram was providing its 150 million registered customers direct entry to tokenized variations of those self same shares. Key takeaways SK Hynix raised…

Ripple’s enterprise mannequin questionedSchwartz clears misconceptionsRipple CTO Emeritus David Schwartz has joined within the current debate in regards to the affect of XRP gross sales by Ripple on the holders of the main altcoin.Whereas rising hypothesis about this transfer means that token holders typically find yourself as victims of such actions by Ripple, Schwartz has publicly dismissed these claims, noting that the corporate’s XRP gross sales don’t come on the expense of token holders.Ripple’s enterprise mannequin questionedSchwartz aired his views in response to an ongoing debate that began after pro-crypto lawyer Invoice Morgan talked about that Ripple sells XRP on…

The cryptocurrency area often sees the creation of recent hype-driven property that deliver immense pleasure to a handful of early adopters, or, typically, insiders. The most recent such sensation was CASHCAT – a extremely speculative, community-driven meme coin constructed on the Robinhood Chain, the Ethereum Layer 2 community. It references an early piece of firm lore, and present information from CoinGecko exhibits that it has exploded by over 3,200% prior to now week. Its market capitalization briefly tapped $200 million earlier after this spectacular rally, which led to the most recent fascinating tales in the neighborhood. Lookonchain reported each. We’ll…

Alvin Lang Jul 11, 2026 14:02 A report says US-Iran tensions spiked throughout a 60-day negotiation window, with assaults linked to Strait of Hormuz delivery at the same time as officers sign talks could proceed. Polymarket: Hormuz normal-by-Jul15 odds at 0.35% as No hits 99.65% Polymarket Reductions July 15 Strait of Hormuz Normalization as US‑Iran Headlines Set off a 99.65% “No” Value Polymarket merchants are pricing the “Strait of Hormuz visitors returns to regular by July 15?” contract as a near-certain No, with No at 99.65% and Sure at 0.35% on $8,750,814 matched quantity. The transfer tracks renewed headlines round…