Crypto

Meme coins defy macro chaos with explosive gains as Bitcoin and Ethereum trade sideways amid escalating Middle East tensions.

The company’s new license in Europe is bullish, along with the GENIUS Act’s passage, Benchmark analysts said.

Circle’s market capitalization has quickly outpaced the circulating supply of its stablecoin USDC less than a month after the company went public. Data from CryptoSlate shows that USDC’s current circulating supply is approximately $61.27 billion. Meanwhile, Circle’s market capitalization has surged to around $66.9 billion, according to figures from Yahoo Finance. Circle’s rapid valuation climb can […] The post Circle’s post-IPO valuation surges to $66.9 billion, outpaces USDC supply appeared first on CryptoSlate.

The $1.53 billion 3AC’s liquidators say the defunct hedge fund is owed is a steep increase from their initial claim for $120 million.

Hong Kong has introduced a high-bar licensing regime for stablecoin issuers from August 1, mandating controls on reserves, price stability, asset security and AML, aligning oversight with FSB standards, and signaling only a few licences initially. The post Hong Kong Sets High Bar for Stablecoin Issuers Ahead of August Regime Launch appeared first on Cryptonews.

Crypto investors don't seem fazed by the attacks.

President Trump's publicly traded Trump Media and Technology Group is buying back shares—but still plans to buy Bitcoin too.

The digital assets subcommittee in the Senate will hold a Tuesday hearing to discuss a bipartisan effort to establish a crypto market structure. Roughly a week after the US Senate voted to pass the GENIUS Act to regulate payment stablecoins, the chamber is moving to discuss a path forward for a digital asset market structure framework. On Tuesday, lawmakers in the Senate Banking Committee’s digital asset subcommittee will hear from lawyers at Coinbase and Multicoin Capital as part of efforts to establish “bipartisan legislative frameworks for digital asset market structure.” The hearing will include testimony from Coinbase’s vice president of legal, Ryan VanGrack, Multicoin Capital’s general counsel, Greg Xethalis and University of Pennsylvania Wharton School Executive Director,Sarah Hammer. Read more

Bitcoin saw $1.1 billion in inflows despite a correction, while Ethereum notched its ninth straight week of inflows.

As the Senate shifts from stablecoins to market structure, Trump's digital assets businesses remain in the spotlight, drawing a new bill from Senator Schiff.

Roughly 240 companies now hold Bitcoin in their treasuries, nearly doubling from 124 just weeks ago. Combined, they control around 4% of the total BTC supply. Sequans Communications, a developer of IoT semiconductors and modules, has disclosed plans for a $384 million capital raise to fund its strategic Bitcoin treasury. The move comes as more companies are betting on Bitcoin (BTC) and using the world’s largest cryptocurrency as a reserve asset. According to the company, it plans to issue and sell approximately $195 million in equity and $189 million in convertible debentures, which can later be converted into shares. For the endeavor, Sequans is partnering with Swan Bitcoin, a BTC treasury management provider. “Our bitcoin treasury strategy reflects our strong conviction in bitcoin as a premier asset and a compelling long-term investment,” Georges Karam, CEO of Sequans, said in a statement. Read more

The move comes amid a growing trend of corporations adopting bitcoin and other cryptocurrencies as treasury reserve assets.

Bitcoin price strength gradually returns after multiweek lows as risk assets show overwhelming confidence that a long war in the Middle East will not happen. Key points: Bitcoin joins US stocks in shrugging off Middle East tensions — something analysis says shows belief that the conflict will soon end. In a surprise turn, oil and gold face losses amid a lack of interest in safe havens. Read more

Axios reported the White House is expecting an Iranian attack against U.S. bases in the Gulf region.

The site will host BUZZ HPC’s first liquid-cooled Tier 3 facility supporting AI training and cloud workloads.

Instead of simply buying and holding Bitcoin, the company plans on putting capital to work.

Following the United States bombing Iran on Sunday morning, crypto traders pumped some war-related meme coins.

Official Trump price prediction: the meme coin has recovered 3% to $8.75 after a whale moved $32.8 m to Binance, though it has plunged 32% over 30 days. Analysts have noted oversold readings but warn Iran-US friction could trigger fresh dips before a potential climb to $15 by August and $25 by year-end. The post Official Trump Price Prediction As Whale Moves $32.8 Million in $TRUMP to Binance appeared first on Cryptonews.

A 30% tax on crypto profits in India is only part of the story. Traders face even bigger hurdles under the current tax regime. India’s Union Budget 2025 has made no changes in the existing tax rules for cryptocurrencies, maintaining the provisions of the Finance Act 2022 for virtual digital assets (VDAs) like Bitcoin (BTC) and Ether (ETH).  Under Section 115BBH of the Income Tax Act, profits from selling VDAs are taxed at a flat rate of 30%. You can deduct only the purchase cost, with no allowance for other expenses or losses. Read more

The company bought 245 Bitcoin as tensions escalated in the Middle East.