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The Bank of England (BOE) governor, Andrew Bailey, has expressed concerns over the rise of banks issuing their own stablecoins. He emphasized the significant systemic risks that these stablecoins pose to the financial system. In an interview with The Sunday Times, Bailey said he “would much rather” prefer tokenized bank deposits over private stablecoins. He…

The crypto market is showing bullish signals today, with the total crypto market cap rising 1%. Bitcoin is up nearly 2.6% over the past 24 hours, currently trading just above $120,900, briefly touching $121,000 to hit a fresh all-time high. Ethereum has continiued its positive momentum today as it trades around $3,040, up 3%. XRP…

Bitcoin soared to a new all-time high above $120,800 on Monday, extending its explosive rally as Crypto Week 2025 kicks off. The sudden breakout has doubled the cryptocurrency’s value in the past year, driven by renewed institutional interest, favorable policy winds and growing excitement around upcoming legislation in the US. It last traded at $120,866…

Bitcoin (BTC) prices may hit $150k before 2025 is over, Russian crypto industry experts have claimed, with bullish sentiments taking a grip on the markets in Moscow and elsewhere in the world. The Russian state-run media agency TASS interviewed some of the nation’s leading crypto industry figures in a Bitcoin price forecast piece this weekend….

The Global X Silver Miners ETF (SIL) is an exchange-traded fund designed to provide investors with exposure to the silver mining industry. Launched in April 2010, SIL seeks to track the performance of the Solactive Global Silver Miners Total Return Index. It includes a diversified portfolio of global companies primarily engaged in silver exploration, mining,…

Solana(SOL) is back at it, showing renewed strength after successfully breaking the $160 resistance level for the second time within the past three months. Currently trading at $163.43, SOL has gained 12.87% over the last 30 days, commanding an $87.65 billion market capitalization that has solidified its position as the sixth-largest cryptocurrency in the market….

XRP has reclaimed its position as the third-largest cryptocurrency by market capitalization following an explosive 25.8% weekly surge that pushed the token past $170 billion in market value. The Ripple-backed token broke through critical resistance at $2.80, decisively outperforming Bitcoin and Ethereum during a week that saw the broader crypto market reach new all-time highs….

James Wynn, a crypto trader known for placing massive leveraged bets, has deactivated his X account following staggering nine-figure losses. Key Takeaways: James Wynn deleted his X account after suffering nine-figure losses from risky, high-leverage crypto trades. His Bitcoin positions on Hyperliquid were liquidated multiple times, wiping out nearly all his holdings. Wynn’s dramatic downfall…

Web3 powerhouse Animoca Brands has entered a strategic partnership with DayDayCook (DDC) Enterprise, a packaged food and meal-prep company, to oversee Animoca’s Bitcoin holdings and generate yield from its reserves. Key Takeaways: Animoca Brands partners with DayDayCook to manage up to $100 million in Bitcoin reserves. Companies increasingly use Bitcoin as a hedge against inflation…

Bank of America has officially crowned Bitcoin as the best-performing currency of 2025, marking a historic milestone in cryptocurrency’s journey toward mainstream financial acceptance, as Wall Street can’t ignore it anymore. The $1.6 trillion banking giant’s “Cross-Asset Winners & Losers” report, released July 9, revealed Bitcoin’s impressive 18.2% year-to-date gain, decisively outpacing traditional safe-haven currencies…