SEC dropping litigation against Coinbase is a win for the crypto industry: Oppenheimer’s Owen Lau

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Owen Lau, Oppenheimer senior analyst, joins ‘Squawk Box’ to discuss news of Coinbase announcing that the SEC has agreed to dismiss its enforcement case against the company, what it means for the larger crypto community, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader…

BTC Tops $110K With BONK and FARTCOIN Gaining Over 20%

Bitcoin topped the $110,000 mark for the first time since June 11 after more than $407.78 million flowed into U.S.-listed bitcoin spot ETFs on Wednesday and before a key U.S. jobs report due later in the day. The ETF inflow boosted the lifetime tally to $49.04 billion, according to data source SoSoValue. BTC’s upswing brought cheer to the broader market, lifting major tokens such as XRP , ether , SOL and ADA . Standout gainers were memecoins BONK and FARTCOIN, which boasted 24-hour gains of over 20%, a sign of…

SEI Explodes: 300% Fee Growth, TVL at All-Time Highs

Key Notes Sei Network saw a 368% increase in fee generation over the past 30 days, as per Nansen. Sei has also reached an all-time high total value locked (TVL) of $612.11 million, DefiLlama has confirmed. An inverse head and shoulders breakout on the weekly chart indicates targets at $0.4895, $0.6720, and $0.8900. Sei Network SEI $0.28 24h volatility: 0.3% Market cap: $1.55 B Vol. 24h: $263.96 M is on a tear, with explosive growth across multiple metrics. According to data from Nansen, Sei posted a staggering +368% growth in…

Shiba Inu Is Ready for Breakout With MACD Crossover, AI Teaser

Key Notes Shiba Inu’s technical indicators form a bullish pattern amid market-wide recovery. Lead SHIB developer teased “JUL-AI” with an AI-generated video. The positive technicals come as the sentiment gains upward momentum. Shiba Inu SHIB $0.000012 24h volatility: 6.3% Market cap: $7.12 B Vol. 24h: $192.98 M , the second-largest meme coin, could finally see some notable gains after its constant declines since December 2024. SHIB recorded a strong bull run after the presidential elections in the United States in November last year. The meme coin reached a local high…

Biggest Moment in Cryptocurrency History Happening NOW!!! (Cardano, Solana, XRP)

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BlackRock buys $3.85b Bitcoin as IBIT overtakes S&P 500 fund in earnings

BlackRock continued its aggressive Bitcoin accumulation through June, adding billions to its holdings as demand for its spot ETF showed no signs of slowing down. According to blockchain intelligence platform Arkham, BlackRock ramped up its Bitcoin purchases in June, accumulating approximately $3.85 billion worth of BTC over the course of the month. The billion-dollar acquisition came in several parts throughout the month, including a $1.4 billion purchase spread over six consecutive days. BlackRock’s BTC bet isn’t happening in isolation. The steady accumulation aligns with the growing success of its iShares…

MOODENG Meme Coin Shoots 57% on Major Exchange Listing

Key Notes MOODENG’s 24-hour trading volume spiked 660% to over $384 million following the listing announcement. Indicators like MACD and a 114% jump in open interest to $200 million signal strong bullish momentum. MOODENG’s breakout has sparked a broader meme coin surge, with DOGE and SHIB rising 8%. MOODENG MOODENG $0.20 24h volatility: 40.5% Market cap: $195.65 M Vol. 24h: $527.67 M meme coin price has rallied by a massive 57% in the last few hours, moving all the way to $0.22, amid the news of its listing by South…

Ethereum Signals Possible Bullish Rally After Reclaiming $2,600

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum (ETH) has recently experienced a significant resurgence, reaching a three-week high of $2,600 after a notable spike on Wednesday. This uptick comes at a time when a key company is considering ETH as a potential…

US Banking License: Ripple’s Power Move & XRP Price Catalyst?

Key Notes Ripple is seeking a national bank charter from the OCC and a Federal Reserve Master Account. The fintech firm aims to solidify regulatory trust and integrate directly with the US banking system. XRP is trading at $2.28 with a 38.33% spike in volume, approaching a critical resistance at $2.60. Ripple Labs has officially applied for a US national banking license with the Office of the Comptroller of the Currency (OCC). The announcement, confirmed by CEO Brad Garlinghouse on X, places Ripple at the forefront of regulatory convergence in…

Robinhood CEO Hits Back at Elon Musk’s ‘Fake Equity’ Claims

Key Notes In response to criticism, Robinhood CEO Vlad Tenev explained that while the tokens do not represent direct equity, they offer retail investors exposure to private firms. Tenev described the initiative as a “seed for something much bigger” amid growing interest from other private companies. Despite the backlash, Robinhood’s stock (HOOD) jumped 7% on July 2, reaching $97.8. . Despite the successful launch of tokenized equity for private firms like OpenAI and SpaceX on June 30, Robinhood has been facing some backlash. Company CEO Vlad Tenev has responded to…