Floki is nearing the origin of its last major rally after a prolonged decline. A double bottom formation could be in play, but only if key levels and volume align. Floki (FLOKI) has been in a sustained downtrend after rejecting from the value area high and losing the point of control. This momentum shift triggered…
Sen. Adam Schiff from the Democratic Party introduced a new bill, the COIN Act, aimed at blocking U.S. Presidents and their families from promoting or launching cryptocurrency ventures. Why did Democrats come up with a new bill, and what is at stake for Donald Trump? The new act The full name of the bill introduced…
Anthony Pompliano didn’t wait for the ink to dry. Just one day after announcing a $1 billion SPAC deal, ProCap scooped up 3,724 Bitcoin, locking in exposure for investors before markets could blink. According to a June 24 press release, Anthony Pompliano’s ProCap BTC, LLC purchased 3,724 Bitcoins (BTC) at a time-weighted average price of…
As Washington rolls out stablecoin rules, voices in Beijing are warning it’s time to catch up, or risk being left behind. Beijing might finally be warming up to stablecoins, but not without hesitation. In a sign that China may be rethinking its digital currency strategy, a state media article this week reportedly urged policymakers to…
Solana gained nearly 10% in the past 24 hours as upbeat sentiment drove cryptocurrencies higher—and as the altcoin’s futures volume on derivatives marketplace the Chicago Mercantile Exchange (CME) rose to a new all-time high. Per data shared by on-chain and financial metrics platform Glassnode, Solana (SOL) CME Futures volume has hit 1.75 million contracts. The…
The overall crypto market cap rose 2.3% as traders hoped for de-escalation in the Middle East. Crypto markets saw notable gains on Tuesday, with Bitcoin (BTC) leading the rally. On Tuesday, June 24, Bitcoin climbed 5.3%, rising back above $105,000. Altcoins performed even better, posting double-digit gains, with the total crypto market cap up 5.19%….
Sonic has bounced hard from fresh yearly lows, but bearish market structure remains intact. For a true reversal, price must hold above $0.24 and reclaim $0.40 with volume-backed strength. Sonic (SONIC) recently dropped to a new yearly low near $0.24 before staging an impulsive rebound. The move has sparked speculation: is this a major bottom…
Useless Coin token jumped to a record high on June 24, continuing a trend that started earlier this month. Useless Coin (USELESS), a meme coin on Solana (SOL), jumped to a high of $0.1462, up by 2,470% from its lowest point this month. This surge has pushed its market cap to over $133 million. The…
Polymarket, the blockchain-powered prediction platform where traders wagered nearly $3.2 billion on the 2024 U.S. election, is reportedly courting investors in a $200 million round. The deal could push its valuation past $1 billion, propelling it into unicorn territory. On June 24, The Information reported that Polymarket is closing in on a $200 million funding…
What does Pulte’s FHFA crypto mortgage signal actually mean for American homebuyers, and could it rewrite lending norms for those who store wealth in Bitcoin and stablecoins? Mortgage, Pulte, and FHFA enter the crypto conversation In a recent announcement, Federal Housing Finance Agency Director Bill Pulte has publicly stated that the agency will “study the…
