Crypto

Solana Labs and Jito Labs have been named as co-defendants in a newly amended federal lawsuit that accuses them of playing a central role in an alleged $1.5 billion fraud tied to the Solana-based memecoin launchpad Pump.Fun. The amended lawsuit, filed on July 22 by Burwick Law in the Southern District of New York, expands […] The post Solana Labs, Jito Labs hit with RICO charges in amended Pump Fun fraud lawsuit appeared first on CryptoSlate.

SOL is down nearly 10% on the day, but charts suggest the bull trend remains intact. Key points: SOL dropped 9.5% as $30 million in long liquidations took place. A bearish divergence in futures CVD and elevated funding rates suggests that a long squeeze triggered the correction. Read more

Tensions are rising in the Cardano ecosystem, putting pressure on the Cardano price prediction as founder Charles Hoskinson faces public criticism from a key supporter known as “Cardano Whale.”The outspoken backer accused the Cardano Foundation of years of empty promises and said he’ll vote “No” on all proposals from Input Output, the company leading Cardano’s […] The post Cardano Price Prediction: Governance War Erupts as Hoskinson Defends IOG – What Happens to ADA Now? appeared first on Cryptonews.

Loyal supporters of XRP (XRP) are furious about the token’s slow journey to make a new all-time high after years of legal battles that made Ripple the Cinderella of the crypto world. For some, the XRP Army’s passion favors a bullish XRP price prediction.In a conversation with the crypto-focused magazine Decrypt, a handful of members […] The post XRP Price Prediction: XRP Sets New ATH, But Fans Are Still Furious – How Quickly Could XRP Hit $20 From Here? appeared first on Cryptonews.

Nature’s Miracle, Upexi and Japan's Kitabo are the latest companies adopting crypto treasury strategies. A growing number of traditional companies are beginning to experiment with digital assets as part of their corporate treasury strategies, signaling a shift in how businesses view crypto’s role in financial management. This week alone, companies from sectors as diverse as agriculture, consumer manufacturing and even a nearly 80-year-old Japanese textile company announced allocations to tokens like Bitcoin (BTC), XRP (XRP), and Solana (SOL). On Wednesday, Nature’s Miracle, an agricultural technology company, announced it would allocate up to $20 million for an XRP (XRP) corporate treasury, making it one of the latest firm to move to an altcoin treasury strategy.   Read more

Is it so over already just as crypto bulls were so back? Here's what the charts have to say.

A new accounting rule this year lets companies mark crypto assets to market, benefiting Tesla’s balance sheet.

The SEC halted Bitwise’s ETF just days after stopping Grayscale’s mixed crypto fund, marking two sudden reversals this month.

The firm’s business model revolves around “blockchain securities.”

Solana-based tokenized stocks surpassed $100 million in market capitalization less than one month since their official launch on June 30. According to rwa.xyz data, the tokenized stock market on Solana is valued at nearly $102 million as of July 22, representing a 242% increase from its $29.8 million size at the debut date. This market […] The post Solana’s tokenized stocks surpass $100M in less than a month, yet DeFi use still lags appeared first on CryptoSlate.

ChatGPT’s XRP Analysis has merged 42 technical indicators with corporate and Brazilian developments, judging the 7.03% slip to $3.30 as routine profit-taking. XRP remains 32% above the 200-day EMA, has formed a Golden Cross, and faces potential SEC resolution and ETF catalysts.   The post ChatGPT’s XRP Analysis Flags Golden Cross – Is $5 XRP Imminent After Healthy Correction? appeared first on Cryptonews.

McCann is shutting down crypto fund after steep losses and shifting his focus to long-term blockchain investments.

Litecoin Foundation founder Charlie Lee will be joining MEI Pharma's board of directors.

U.S. officials have pursued forfeiture of $7.1 M in crypto recovered from a $97 M Crypto Scheme in which Geoffrey K. Auyeung and partners promised oil-tank rental profits, then diverted victims’ money through 81 bank and 19 crypto accounts, reaching wallets in Russia and Nigeria. The post Washington State Moves To Forfeit $7.1 Million Worth Of Crypto From International Fraud Scheme appeared first on Cryptonews.

Lawmakers are expected to break in a matter of days, but there are still items on the legislative agenda to address, including two crypto bills passed by the House. US Republican lawmakers and President Donald Trump were able to overcome inter-party disputes to get three crypto bills passed through the House of Representatives last week, but some of the legislation still has a ways to go before it becomes law. After two long sessions in the House last week, on Thursday all but 12 Republicans and more than 100 Democrats voted yay on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a bill to regulate payment stablecoins, which Trump signed into law about 24 hours later. The other two bills, the Digital Asset Market Clarity (CLARITY) Act and the Anti-CBDC (central bank digital currency) Surveillance State Act, will head to the Senate for consideration as both chambers prepare to break for an August recess. Read more

With the Shiba Inu price dipping today, are its technical indicators pointing to a big incoming rally? The post Shiba Inu Price Prediction: 22% Rally and 2 Bullish Signals – New All-Time High Next? appeared first on Cryptonews.

Block’s inclusion in the S&P 500 could indirectly increase equity investors' exposure to Bitcoin and the asset’s mainstream acceptance. Jack Dorsey's technology company Block joined the Standard & Poor’s 500 (S&P 500) index on Wednesday, marking the third public company with Bitcoin holdings to join the global benchmark. Block holds 8,584 Bitcoin (BTC) worth approximately $1 billion, according to BitcoinTreasuries.NET. That stash makes Block the 13th-largest corporate holder of BTC. The company's shares on the NYSE exchange have jumped nearly 14% over the past five days since the company announced it would join the S&P 500. Read more

VERT, a Brazilian fund management and securitization firm, has launched a blockchain-based platform on the XRP Ledger (XRPL) to modernize the issue and management of agribusiness credit. According to a July 23 statement, the platform’s first significant transaction involves the tokenization of a BRL 700 million (~$130 million) Agribusiness Receivables Certificate (CRA), marking a substantial […] The post Brazilian firm VERT pioneers $130 million agribusiness tokenization on XRP Ledger appeared first on CryptoSlate.

Is altcoin season in trouble? Ethereum, XRP, and Dogecoin are leading crypto losses Wednesday after alt open interest hit a new peak.

Securing top-five Layer-1 status, $BNB has traded above $786 after institutions have added nearly $290M this week, led by Windtree’s Kraken treasury build and Nano Labs’ 120,000-token buy. BNB Chain has outlined upgrades lifting capacity to 20,000 TPS with sub-150 ms confirmations by 2026. The post $BNB Hits $788 as Institutional Capital and Massive Upgrades Reshape BNB Chain’s Future appeared first on Cryptonews.