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Senator Cynthia Lummis (R-WY) encouraged her fellow U.S. lawmakers to advance both the GENIUS Act and broader crypto market structure overall in a Wednesday appearance on CNBC’s Squawk Box. Lawmakers Must Find Path Forward For Crypto, Cynthia Lummis Says Speaking with Squawk Box co-anchor Joe Kernen on June 25, Lummis expressed her hopes that both…
Pi Network (PI) has successfully escaped a prolonged 45-day bearish trend that had dominated price action since May, when the token last commanded prices above the $1 threshold. During Wednesday’s trading session, PI surged 15% from its session low of $0.51, reclaiming the psychologically important $0.60 level for the first time in two weeks. Source:…
Sports betting company SharpLink Gaming has solidified its position as the world’s largest publicly traded Ethereum holder, acquiring an additional 12,207 ETH for $30.6 million in a five-day buying spree that ended June 20. The Minneapolis-based firm now controls 188,478 ETH, worth approximately $457 million at current prices. This represents one of the audacious corporate…
Key Takeaways: IMF’s Bo Li said regulatory uncertainty around stablecoins persists, especially regarding classification and enforcement. Global financial bodies are working to align frameworks but remain in early stages. Policy inconsistencies may drive firms toward jurisdictions with less oversight. The International Monetary Fund (IMF) continues to flag regulatory uncertainty around stablecoin, according to remarks by…
The XRP price (XRP) has managed to remain green in the past 7 days despite the volatility introduced by the war between Iran and Israel. The token has managed to stay above its $2 psychological support after briefly dropping below that level during the weekend. This week, attorney John Deaton, a well-known supporter of Ripple…
Dogwifhat (WIF) is turning heads again after erupting 35% in a single day, reigniting speculation around a long-awaited meme coin breakout. An Elliott wave—concluded by a 35% surge during Tuesday trading—points to the bullish continuation of a 5-month cup-and-handle pattern, boosting the long-term WIF price outlook. The 24-Hour move positioned WIF as the highest-gaining meme…
With recent price moves closely pegged to developments in the Iran-Israel conflict, a lasting peace could mark a turning point for the near-term TRUMP coin price forecast. Although Iran had accepted the U.S. terms for a full ceasefire with Israel during Monday trading—sparking a sharp 12% rally—recent events have put peace talks in question. TRUMP…
The Solana price has climbed back up to $145 today, returning to the level it was at the start of the week, before the US launched strikes against Iran. This means that SOL is up by 17.5% in the past month, with the altcoin holding on to a 6% gain in the past year. This…
Ethena Labs has reached a final agreement with Germany’s financial regulator BaFin over the fate of its euro-area stablecoin, USDe, operations. The company announced on Wednesday that BaFin and Ethena GmbH, its German subsidiary, have agreed on a 42-day redemption plan for holders of the USDe stablecoin. USDe Redemptions End August 6 as Ethena GmbH…
zkLend, a decentralized lending protocol built on Starknet, has officially shut down operations following a $9.5 million exploit. The team announced it will use its remaining $200,000 treasury to support affected users through a recovery fund. The decision comes after the delisting of the platform’s native token, ZEND, from major exchanges. How $9.5M Exploit and…