Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA. Source
Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
Day: July 1, 2024
Dogecoin Could Eclipse $1 Mark This Bull Run, Predicts Analyst
In a technical analysis, noted crypto analyst Big Mike (@Michael_EWpro), has revealed a bullish forecast for Dogecoin (DOGE) that suggests the meme coin could surpass the $1 threshold in this bull cycle. The Dogecoin price prediction is rooted in the Elliott Wave theory, and is further reinforced by a robust set of technical indicators that underscore the coin’s strong upward potential. Dogecoin Could Peak Above $1 In 2025 The weekly chart (DOGE/USDT) highlights Dogecoin’s previous market performance, where it completed a 5-wave Elliott Wave pattern during the last significant bull…
Biden’s Blunder Ignites Trading Frenzy on Polymarket
“Therealbatman,” the largest No holder, holds $2.9 million in different political contracts, consistently betting that Biden and Trump will win their respective nominations, that Biden will win the popular vote, and that Trump won’t win the U.S. Presidential Election. Source
LayerZero, Mog Coin, and Bonk prices are rising: beware of key risks
It was a sea of green on Monday as Bitcoin bounced back above $63,000 as investors embraced a risk-on sentiment. Ethereum Name Service (ENS) was one of the best-performing altcoins on Monday as focus shifted to the upcoming ENSv2 upgrade. LayerZero, which recently launched its airdrop, rose to $3.6, 40% above its lowest level last week. Mog Coin, one of the best-performing meme coins this year, rose to an all-time high of $0.0000021, up more than 200% above its lowest level in June. Bonk has also risen by over 32%…
CoinDesk 20 Performance Update: NEAR and AVAX Lead
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Tidal Investments Proposes Bitcoin and Gold ETF to Mitigate Market Volatility
Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term market volatility through dual exposure to these asset classes. Tidal Looks for SEC Approval for a Leveraged Bitcoin and Gold ETF The STKD Bitcoin and […] Original
Fees Drop To Lowest Since 2016
Ethereum, the world’s second-largest blockchain platform, has entered a new era marked by record-low transaction fees. This dramatic shift, the most significant since 2016, has sent ripples of excitement through the cryptocurrency community, raising hopes for increased adoption and a more accessible DeFi (Decentralized Finance) landscape. Related Reading From Pricey To Penny-Pinching Previously, Ethereum’s notorious gas fees, the cost of processing transactions on the network, had become a major barrier to entry. During peak periods in 2021, fees skyrocketed to a staggering 100 gwei, effectively pricing out many users and…
Crypto Custody Firm Anchorage Offers Investment Returns Through Deal With Cumberland-Backed Hashnote
“It’s almost an American tradition at this point to say that there’s more than one way to do it,” he said. “You see this in a variety of angles, whether it’s policing, elections, banking, all of these are kind of intertwined where you’re under a dual sovereign situation, and in many ways it’s like an instantiation of the crypto ethos of decentralization. And I actually think it’s quite beautiful that there’s not just one way that you can answer a particular question.” Source
Crypto Spot ETFs Will Have More Influence on Market’s Price Action: Canaccord
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Bitcoin (BTC) Relief Rally Stalls at $63K as Crypto Price Rebound Faces Hurdles
Digital asset markets rebounded over the weekend, with the broad market benchmark CoinDesk 20 Index (CD20) climbing more than 4% since Friday midnight UTC. Bitcoin bounced to $63,500 from its Friday dip below $60,000 before faltering and slipping below $63,000 toward the start of the U.S. trading session. July tends to be a positive month for BTC, 10x Research wrote in a Monday update, but any lull over coming months will probably continue as the third quarter is usually the weakest for digital assets. Original