Author: Crypto Editor
Bankrupt FTX has filed a movement in Delaware chapter courtroom requesting permission to freeze property owed to collectors in 49 nations with unsure or restrictive cryptocurrency rules. This resolution has raised issues amongst collectors, significantly these in China, who’re contemplating authorized motion in opposition to the corporate. FTX Seeks to Freeze 5% of Claims Over Crypto Legal guidelines in 49 Jurisdictions On July 2, FTX requested the courtroom if it might maintain again distributions to collectors in 49 jurisdictions the place cryptocurrency transactions could also be unlawful or topic to heavy restrictions. “At the moment, sure collectors of the FTX…
DOGE bounced off key demand and noticed a spike in derivatives exercise, with Open Curiosity and choices quantity leaping considerably. Whales introduced in $8.2M in spot inflows, and MVRV scores recommend fewer holders are within the purple. Nonetheless, every day energetic addresses and transactions dropped sharply, hinting the rally may lose steam with out retail engagement. Dogecoin’s been stirring up chatter once more. After slipping into that $0.13–$0.15 pocket final week, the meme coin snapped greater—quick. And now? Derivatives information’s popping off, with merchants stacking chips like they’re bracing for one thing large. It’s that form of motion that makes…
The probability of america getting into a recession in 2025 has dropped considerably, in keeping with the newest market information from prediction platform Polymarket, the place recession odds have fallen to simply 22%, marking a notable decline from earlier highs in April and Might.The chart, based mostly on over $8 million in complete quantity, exhibits that recession fears surged between late March and mid-Might, when the chance peaked above 60%. On the time, issues over persistent inflation, weakening industrial output, and delays in Federal Reserve fee cuts fueled bearish sentiment. Nonetheless, these expectations have since eased dramatically. Since June, sentiment…
A high ally of the Shiba Inu (SHIB) challenge has warned of a “honeypot rip-off” utilizing the identify of the open-source cryptography firm Zama. Shiba Inu is working with Zama to implement absolutely homomorphic encryption (FHE), a privateness answer that permits builders to make use of information on untrusted domains without having to decrypt it.Dr. Rand Hindi, CEO and co-founder of Zama, just lately took to X to challenge a warning that issues the Shiba Inu and crypto group. “That is pretend. There isn’t any Zama token but. Don’t get rekt, guys,” Hindi wrote, referring to an alert shared by…
A serious US metropolis has allotted tens of millions of {dollars} to a assured earnings pilot program within the funds for the 2026 monetary 12 months. The speaker of the New York Metropolis Council, Adrienne Adams, says probably the most populous US metropolis is allocating $3 million to a assured earnings program. This system will “present direct money grants to anticipating moms and foster youth dealing with housing insecurity.” Mayor Eric Adams hailed New York Metropolis Council’s $115.9 billion funds, which was agreed upon in late June, because the “Greatest Funds Ever.” Whereas data was scant on how the New…
Rebeca Moen Jul 02, 2025 10:58 Robinhood Markets, Inc. will launch its Q2 2025 monetary outcomes on July 30, alongside launching new crypto providers, together with inventory tokens and a Layer 2 blockchain. Robinhood Markets, Inc. (NASDAQ: HOOD), a number one monetary providers platform, has introduced that it’s going to launch its second quarter 2025 monetary outcomes on July 30, 2025, after market shut, based on GlobeNewswire. The announcement will likely be adopted by a video name at 2:00 PM PT / 5:00 PM ET to debate the outcomes. The video name will likely be accessible by means of Robinhood’s…
Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure Bitcoin is flashing warning indicators as its Relative Power Index (RSI) exhibits a well-recognized bearish divergence sample, the 2020 halving. This basic setup usually precedes a interval of correction or consolidation, urging merchants to remain alert. Momentum Weakens Regardless of Greater Highs: RSI Alerts Warning Crypto analyst TrendPro revealed that Bitcoin is at the moment exhibiting a bearish RSI divergence, a setup harking back to the post-halving construction seen in 2020. In accordance with the analyst, whereas value motion continues to print increased highs, the RSI…
For years, airdrops have been a staple of on-chain engagement. For a lot of customers although, they’ve typically been onerous to entry, closely gamified, or skewed in the direction of massive merchants. Gate Alpha is trying to change that.Gate’s newly upgraded incentive mannequin has seen the crypto trade distribute greater than $800,000 value of rewards to over 100,000 customers, via a 33-day occasion that customers might participate in with as little as a single 0.5 USDT commerce.Billed as the primary large-scale person incentive marketing campaign since Gate Alpha’s improve, the Factors Carnival aimed to introduce a real-value reward system designed…
Bitcoin miners turned to the rising AI pattern forward of the 2024 halving, which minimize block rewards to three.125 Bitcoin (BTC).Some simply dipped their toes in, whereas others dove deeper, repurposing rigs, elevating credit score and signing billion-dollar offers.However how’s that spinoff figuring out in actuality? In some situations, the transfer has been a lifeline that generates much-needed income as their Bitcoin earnings dropped. For others, it’s extra of a security internet that may cushion future halving shocks.Right here’s a have a look at what’s occurred to the most important crypto mining companies since their AI pivot.AI pivot saved this…
FLOKI traded close to $0.00007417 on July 5, up 1.32% over the previous 24 hours, in accordance with CoinDesk Analysis’s technical evaluation mannequin. As for the broader memecoin sector as gauged by the CoinDesk Memecoin Index(CDMEME), it’s up 1.79% throughout the identical interval.Though FLOKI is commonly categorized as a meme coin, its ecosystem has lengthy featured gaming-related performance, together with NFT-based characters, play-to-earn mechanics, and token integration for in-game rewards. However the launch of the Valhalla mainnet marks its most formidable gaming milestone up to now.On June 30, 2025, FLOKI formally launched Valhalla, a blockchain-based recreation impressed by Norse mythology.…