Crypto

Stripe is cozying up to crypto even more with its latest acquisition, adding crypto wallet infrastructure firm Privy.

Bitcoin enters a unique market phase as rising long-term holder dominance and compressed volatility could potentially trigger a fresh round of price discovery. Key takeaways: A unique divergence emerged as long-term Bitcoin holders took profits, while the overall supply held by this cohort continues to rise. Bitcoin’s volatility has dropped to the 10th percentile, its lowest range in a decade, despite prices trading near all-time highs. Read more

Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February. The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move. On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, […] The post Ethereum open interest hits all-time high as price rises to 4-month high appeared first on CryptoSlate.

The crypto exchange is celebrating its 12th anniversary with a sweeping brand transformation and pushes into AI and RWAs.

Trust Wallet has announced that users will soon access real-world assets in its app through an upgraded Swap flow, supporting its goal of becoming a Web3 neobank. CEO Eowyn Chen has cited work on compliance, liquidity and streamlined UX, with region-dependent rollout expected in Q3–Q4. The post Trust Wallet Explores First Major RWA Integration in a Self-Custodial Wallet appeared first on Cryptonews.

Ripple has deepened its claim to an industry anticipated to grow from billions to trillions, with the first-ever native issuance of digital commercial paper (DCP) on the XRP Ledger. The post XRP Price Prediction: Ripple’s Wall Street Deal With Guggenheim Sparks $100 Target Speculation appeared first on Cryptonews.

Current narratives around Ethereum would suggest the blockchain network is in distress. EY's Paul Brody explains what the critics get wrong.

Ether’s 5.6% rally to a 10-day high followed soft May CPI and a draft U.S.-China trade truce, intensifying already brisk institutional demand.

The UAE Machine Economy Free Zone envisions a world where tokenholders receive a share of the revenue from machine-economy activities. Layer-1 blockchain peaq and the Pulsar Group have launched a dedicated sandbox in the United Arab Emirates aimed at exploring the integration of robotics and AI within a decentralized economy. The organizations have created a Machine Economy Free Zone in Dubai, combining regulation, infrastructure and investment to advance decentralized, machine economy-specific use cases.  The initiative is designed to provide developers, businesses and government stakeholders with a controlled environment to test and develop machine economy applications, including decentralized physical infrastructure (DePIN) networks.  Read more

The Shiba Inu price has risen by 2% in the past 24 hours, but could a host of new upgrades be the trigger for a big rally? The post Shiba Inu Price Prediction: SHIB, TREAT, BONE & LEASH All Upgraded – Can This Supercharge the Burn and Trigger a 10x? appeared first on Cryptonews.

With passage of a crypto market structure bill out of key House committees, the U.S. is poised to finally have fundamental legislation covering the digital assets industry, say Rep. French Hill, Rep. G.T. Thompson, and Rep. Tom Emmer.

Privy’s technology, used by platforms like OpenSea and Blackbird, will be integrated into Stripe’s crypto tools.

The acquisition of Privy follows Stripe’s entry into the stablecoin market in 2024. Stripe has acquired Privy, a cryptocurrency wallet infrastructure developer, for an undisclosed amount, highlighting the global payment processor’s growing pivot toward digital assets.  Privy confirmed the acquisition on Wednesday in an announcement on social media that it will continue to operate as an independent product embedded within the Stripe ecosystem.  As part of Stripe, Privy will “keep building for developers building on crypto rails [but] now with more resources, flexibility, and firepower,” the company said. Read more

Cosmos' ATOM token has established key support levels while showing signs of bullish momentum.

ETH price rising to around $2,850 drove the whale’s $11 million leveraged long into $366,000 paper profit. Key takeaways: An Ethereum whale opened a $11.15M leveraged long position just as ETH broke out of a bull flag. ETH’s price surged above $2,850, pushing the whale’s trade into a $366K unrealized profit. Read more

Chris Sullivan of Hyperion Decimus discusses why digital assets are essential for every investor to consider, and how to get alpha in today’s volatile markets.

SEC Chair Atkins' remarks earlier this week spurred optimism for the sector's future.

The competition will be judged by a panel of industry veterans.

The payment giant's stablecoin product will soon be available on the blockchain network behind XLM.

Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […] The post Polygon’s governance revamp to focus on stablecoin payments and AggLayer appeared first on CryptoSlate.