Crypto

Protect Progress, an affiliate of the cryptocurrency-backed Fairshake PAC, spent more than $1 million on media buys to support Democratic candidate James Walkinshaw. James Walkinshaw, a Democratic candidate seeking to replace the late Representative Gerry Connolly for Virginia’s 11th Congressional District, won a party primary after a cryptocurrency-backed political action committee (PAC) spent more than $1 million to support his race. On Saturday, Democrats in Virginia’s 11th district held a firehouse primary to decide on a possible replacement for Connolly after his death while in office. A special election to determine who will represent the district will be held on Sept. 9. Walkinshaw beat out other candidates to become the Democratic nominee for the House seat, and the cryptocurrency industry may have played a role in his success, given reports of media buys by the Protect Progress PAC. According to Federal Election Commission filings, the committee spent more than $1 million to support Walkinshaw in Jun...

Hopes rose then quickly fell on a potential effort to slip a crypto tax provision into the legislation meant to activate Trump's core policy agenda.

Quantum computing is a looming threat to the systems that crypto depends on, says David Carvalho, CEO of Naoris Protocol. Here’s how to get quantum-prepared.

Solana continued processing over 100 million daily transactions and supporting 500,000 active wallets, even during market-wide volatility.

Coinbase faces legal setback and $95M selloff but analysts see upside potential and are predicting $1.33 per share gain in Q2 earnings.

Marketed with Trump’s name but lacking a white paper or utility, the TRUMP token surged to a multibillion-dollar valuation before crashing. The Trump-themed memecoin surged to a multibillion-dollar valuation despite lacking a white paper, a roadmap or a clear purpose beyond speculation. Launched on Jan. 17, 2025, on the Solana blockchain, the TRUMP memecoin quickly became one of the most controversial political tokens to date. Though marketed with Donald Trump’s name, the project initially disclaimed any political or financial purpose.  Read more

XRP, DOGE lead majors with positive funding rates. BTC & ETH ETFs extend inflows streak. RexShares SOL staking ETF to go live Wednesday. SEC delays staking for Bitwise ETH ETF. Robinhood intros staking, tokenised stocks, L2 chain. Robinhood stock hits ATH on announcements. Raydium, XStocks launch tokenised stocks trading. Jupiter allows swap of SOL memecoins to stocks. ByBit, Backed collab for tokenised stocks, ETF. Centrifuge to launch tokenised S&P 500 index. Lummis calls for end to unfair taxes on crypto. Stablecoin bill could be finalised by mid-July. Connecticut bans creation of state BTC reserve. Strategy buys $532m BTC. Bitmine to turn into Strategy of ETH, stock up 7x. Circle applies for National Trust Bank license in US. Baer now Head of Product at X, also SOL advisor. Katana launches L2 after $200m deposits.

Solana (SOL) is quietly gaining strength ahead of a major catalyst, with bullish momentum building just as the first-ever Solana staking ETF wins U.S. approval.The REX-Osprey Solana and Staking ETF (SSK) is set to launch on Wednesday, signaling a new era of institutional exposure that could fuel a breakout rally.With SOL steadily climbing and sentiment […] The post Solana Price Prediction – First-Ever US Staking ETF Goes Live Wednesday: Is This the Catalyst for $500 SOL? appeared first on Cryptonews.

The Jito Foundation has announced that the only US federally chartered crypto bank, Anchorage Digital, supports the newly launched JitoSOL mint and redeem operations. The post JitoSOL Partners with Anchorage Digital as “First Solana LST with Support from US Federally Chartered Bank” appeared first on Cryptonews.

Technical analysis suggests a potential "golden cross" pattern, which could precede a multi-week rally.

The payments giant is hiring two U.S.-based leaders to grow its crypto and blockchain business.

Crypto hacks underscore the urgent need for CEXs and DeFi to overhaul their security, collaborate on risk management and embrace self-regulation. Opinion by: Orest Gavryliak, chief legal officer, 1inch Labs The Bybit breach in February smashed the record for the biggest hack in crypto history. More than $1.4 billion was stolen by North Korean cybercriminals in the blink of an eye, with the audacious heist making headline news around the world. Now, as TRM Labs reports, $2.1 billion worth of crypto has been lost to attacks in the first half of 2025. That’s an exorbitant amount of money, and yet, the hacks seem set to continue. Read more

Increased volatility has pushed NEAR to test key $2.08 threshold while showing signs of short-term recovery.

Moody’s and Alphaledger’s pilot on Solana shows how traditional credit ratings can be embedded directly into tokenized bonds. Often touted as a next-gen alternative to Ethereum or Bitcoin, the Solana blockchain is now making headlines for a very different reason: onchain credit ratings. In June 2025, Moody’s teamed up with a fintech startup called Alphaledger to run a pilot program to explore how traditional credit ratings could be integrated into blockchain systems. Here’s what they did: Read more

Cosmos token faces 5% volatility swing amid broader market uncertainty despite late recovery attempts.

The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny. Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule. The Travel Rule mandates crypto service providers to collect and share users’ transaction data, similar to traditional finance requirements. On June 26, the FATF released its annual report that outlines how recent regulatory moves by jurisdictions are converging with its global Anti-Money Laundering (AML) framework. This is a direct result of a years-long campaign by the FATF to bring cryptocurrencies in line with traditional AML and Counter-Terrorist Financing (CFT) standards. Read more

Pakistan’s crypto czar, Bilal Bin Saqib, isn’t content letting the nation’s Bitcoin stash sit idle — he wants it generating returns. Pakistans crypto czar Bilal Bin Saqib burst into the headlines in late May by announcing live on stage at Bitcoin 2025 that the country will establish a Bitcoin Reserve. Saqib, Pakistans crypto minister and CEO of the Pakistan Crypto Council, tells Magazine a discussion with Strategy executive chairman Michael Saylor made him feel even more certain about the decision. Saqib said that while he was already smitten with Bitcoin before, he felt reinvigorated like hed been orange-pilled all over again. Read more

XRP remains at risk of dropping to $1 if a key support zone is lost — one that aligns with the onchain realized price level. Key takeaways: XRP is forming a descending triangle, a pattern that’s historically bearish over half the time. A breakdown below $1.80–$2.00 support could trigger a drop toward the $1 realized price level. Read more

Botanix, a Bitcoin layer-2 blockchain, launched its mainnet Tuesday as it attempts to bring more DeFi capabilities to the BTC network.

The BCH/BTC pair has risen nearly 20% in four weeks, with a bullish golden crossover indicating potential for a bull market.