The world’s first and most popular cryptocurrency, Bitcoin (BTC), has remained range-bound recently. This comes as crypto market profit-taking slows, spot volume fades, activity metrics cool, and futures sentiment turns cautious, according to the latest report by blockchain data and intelligence platform Glassnode. Without a notable influx of new demand, upside momentum will remain limited….
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Ripple Taps Wormhole to Link XRP Ledger with 35+ Blockchains — XRP Rally Incoming?
Ripple has integrated Wormhole to connect the XRP Ledger and its EVM-compatible sidechain with more than 35 blockchains, a move that could significantly boost XRP’s interoperability and reach. Key Takeaways: Ripple’s Wormhole integration links XRP Ledger to over 35 blockchains, boosting cross-chain capabilities. Developers can now build dApps that operate across multiple networks, expanding XRP’s…
Genius Group’s $1B Lawsuits Could Trigger 5,000 BTC Buying Spree
Genius Group, a Nasdaq-listed AI-driven education company, has approved a plan to split potential winnings from two major lawsuits between its shareholders and Bitcoin treasury. The company says it could recover more than $1 billion in damages from the combined cases. In a press release on Thursday, the Singapore-based company announced that its board of…
Why Is Crypto Down Today? – June 27, 2025
The crypto market is down today. The majority of the top 100 coins have recorded price decreases over the past 24 hours. Moreover, the cryptocurrency market capitalization has fallen by 2.6% in that period to $3.4 trillion. The total crypto trading volume is at $85.5 billion, dropping over the past few days. TLDR: The crypto…
Across Protocol Token Crashes 10% Today Amid $23M Team Misappropriation Allegations
The Across Protocol team faces serious allegations of misappropriating approximately $23 million from their Decentralized Autonomous Organization (DAO) treasury through allegedly manipulated governance votes, according to claims made public on June 27. The Ethereum-based cross-chain bridge protocol stands accused of transferring funds to Risk Labs, a private for-profit company founded by the same team behind…
UK’s Smarter Web Company Raises £41.2M After Acquiring 196 Bitcoin – More BTC Purchases Coming?
The Smarter Web Company, a UK-based web design and marketing firm, has raised £41.2 million ($56.59 million) just days after making headlines with a $20 million purchase of nearly 197 Bitcoin. Key Takeaways: The Smarter Web Company raised £41.2 million days after buying nearly 197 Bitcoin. Its aggressive Bitcoin acquisitions have boosted holdings to over…
Kenya Inches Closer to Crypto Regulations, MPs Back Government Supervision Plan
Kenya’s MPs are reportedly backing the government’s Committee plan, which recommends a joint regulatory team to oversee crypto operations. Per local reports, the National Assembly’s Finance Committee, approved by the full House, proposed five government agencies to jointly supervise virtual asset service providers (VASPs), in a move to regulate the industry. The multi-agency group framework…
New Hong Kong Roadmap Proposes Unified Licensing for Crypto
Key Takeaways: Hong Kong’s new policy assigns crypto licensing duties to the SFC and HKMA based on entity type. Tokenized government bonds will become a regular offering, with broader asset classes targeted for tokenization. Industry leaders say the plan provides a clearer path for RWA and fund tokenization in financial markets. The Financial Services and…
The Hidden Layer of Crypto Adoption: Accounting Infrastructure
Crypto has come a long way from its fringe beginnings. Today, we talk about protocol upgrades, regulatory frameworks, and consumer access. But there’s a critical layer of adoption that continues to be overlooked — the accounting infrastructure that enables crypto to scale inside enterprises, institutions, and governments. If crypto is going to integrate into the…
Massive $17 Billion BTC and ETH Options Expire Today in 2025 Largest Event – Rally or Crash?
The cryptocurrency market is facing its largest options expiration event of 2025 today, as over $17.27 billion in BTC and ETH contracts expire on Deribit. This massive H1 quarterly delivery represents 30% of the total current positions. H1 Expiry Incoming Over $17B in BTC & ETH options are set to expire tomorrow on Deribit, the…