Crypto

Pakistan formally established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee the country's rapidly growing digital assets ecosystem, with former Binance CEO Changpeng Zhao and Michael Saylor of MicroStrategy serving as strategic advisors to the Pakistan Crypto Council. The post Pakistan Creates Digital Assets Regulator PVARA to Oversee Crypto Industry appeared first on Cryptonews.

The company will use a combination of American depositary shares, warrants and convertible debentures to raise the funds.

Crypto dips on tariff letters, then recovers. ETH outperforms, altcoins weak after PumpFun news. PumpFun plans $600m token sale, $4b valuation. Trump admin to publish crypto report on July 22. US government deposits $218k ETH to Coinbase. Robinhood speaking to US on tokenised shares. Truth Social files for Blue Chip crypto ETF. US drops appeal in Tornado Cash lawsuit. Strategy to raise $4.2b equity to buy BTC. Semler Scientific buys $20m BTC. Bit Digital pivots to ETH treasury, stock pumps. Tokenized assets on ETH hit $5b. Metaplanet to use BTC as collateral for M&A. XRP CEO to testify before senate on legislation. SEC asks firms to amend SOL ETF applications. HK crypto stocks soar on stablecoin momentum. BBVA opens BTC, ETH trading for Spanish retail. El Salvador bought $800k BTC last week

The QCP Capital analysts warned that Q3-Q4 could bring "fireworks" as ETF inflows create a supply squeeze.

Much like Bitcoin eliminates reliance on centralized intermediaries in finance, Bitchat would removes central authorities from digital communication.

Ethereum is eyeing a breakout toward $3,400 as it consolidates within a bull pennant, echoing classic continuation patterns from past rallies. Key takeaways: Ethereum mega whales have increased their holdings by 9.31%, a stronger buildup than before the 2022 rally. ETH is consolidating inside a bull pennant, with a breakout potentially targeting $3,400 by August. Read more

OpenAI denounced Robinhood’s offering of its private stock as a crypto token, but the trading app wants to add thousands more to its roster.

Rally's CEO Chris Maddern will become OpenSea's CTO as a part of the acquisition.

ATOM holders will be feeling assured after Cosmos' token held firm above the $4.00 level of support.

As AI threatens to deepen gender disparities in the workforce, blockchain technology can be a powerful tool to empower women to reclaim their rightful place in the digital future. Opinion by: Lisa Loud, executive director at Secret Network Left unchecked, algorithms will replay yesterday’s prejudices at machine speed, sidelining half the workforce and entrenching wage gaps for a generation. A fresh warning from the International Labour Organization shows the danger in high-income economies where almost 10% of jobs held by women face disruption from generative artificial intelligence — nearly triple the share for men. Read more

The deal highlights the growing adoption of crowdsourced geospatial data as autonomous ride-sharing firms look for more precise, up-to-date mapping infrastructure.

Bitcoin mining company Core Scientific has revealed that AI infrastructure firm CoreWeave will acquire it in an all-stock transaction for $9 billion. The post AI Company CoreWeave Will Buy Bitcoin Mining Giant Core Scientific for $9 Billion appeared first on Cryptonews.

Santiment reports strong Bitcoin ETF inflows, with only one day of outflows since June 6, signaling bullish momentum for BTC.

FARTCOIN is one of the worst-performing altcoins throughout the past 24 hours, begging the question if the pain is over.

Thailand’s five-year tax break on crypto capital gains looks like a dream for investors, but the fine print reveals a strategic push for surveillance, platform control and regulatory dominance. Thailand is rolling out the crypto red carpet, but before you jump in, there’s more to this tax holiday than meets the eye. Yes, it’s true, from Jan. 1, 2025, all capital gains on crypto transactions made through licensed platforms will be tax-free until the end of 2029.  At first glance, Thailand’s crypto tax exemption sounds like a trader’s paradise. No capital gains tax for five years?  Read more

The scheme involved the pair cold-calling 65 victims and convincing them to invest in a fake crypto consultancy firm.

Tesseract CEO James Harris says Ethereum is “one of our top conviction picks” and looks set to hit $6,500 by end of the year. Trade Secrets. Welcome to Trade Secrets Bitcoin and Ethereum price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Ether will skyrocket 160% from its current price of $2,570 before the end of this year, predicts crypto yield generation firm Tesseract CEO James Harris.  We forecast ETH at $6,500 by end-2025, assuming continued growth in ETH staking participation, higher gas consumption from layer 2 applications, and no significant regulatory headwinds specific to Ethereum, Harris tells Magazine. Ethereum is one of our top conviction picks among large-caps.  Read more

Strike’s Founder talks to CoinDesk TV about founding Twenty One with Tether and SoftBank and why he sees bitcoin as “moral imperative” as much as a financial instrument.

The company introduced a new metric, ETH Concentration, that measures the number of ETH held per 1,000 diluted shares outstanding.

Hyperliquid ($HYPE) nosedived 3.4% in 24 hours as bears shattered a critical $38 support, triggering a triple-top breakdown with $43 rejections. Trading volume spiked 37% to $270M, signaling escalating sell pressure as delta readings flashed -14.6K in a single candle. Despite the selloff, Hyperliquid retains its dominance as a top-tier perpetuals DEX, processing $1.57T in […] The post $HYPE Crashes 3.4% as Bears Shatter $38 Support – Is This the Start of a 20% Plunge to $31? appeared first on Cryptonews.