Sequans Communications has acquired 683 BTC, bringing its total holdings to 1,053 BTC worth approximately $120 million. The move reinforces the company’s commitment to bitcoin as a core treasury asset. Semiconductor Firm Sequans Deepens Bitcoin Strategy With 683 BTC Buy Sequans Communications S.A. (NYSE: SQNS), a leader in cellular IoT semiconductor technology, has deepened its […] Original
JPMorgan Chase, the largest bank in the United States with $3.6 trillion in assets, has plans to “to be involved in […] stablecoins,” CEO Jamie Dimon said on Tuesday during an earnings conference call. According to Dimon, JPMorgan’s move into the stablecoin space is partly driven by competition from fintech companies, which are increasingly trying to replicate features of the traditional financial system. “We’re going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it,” Dimon said. “I think they’re real, but…
Bitcoin has corrected from its all-time high near $123,000, retracing into a key support zone marked by strong technical confluence. This area now holds the potential to act as a launchpad for a renewed move toward the highs, if it… Original
Ethereum is undergoing a critical test after breaking above the key $2,850 resistance level and reaching a local high of $3,080. Since then, ETH has retraced by less than 5%, holding steady and showing signs of strength amid broader market volatility. The ability to maintain levels above $2,850 is being closely watched by traders and analysts as a potential launchpad for the next leg higher. Related Reading Market sentiment remains increasingly optimistic, fueled by strong fundamentals and signs of institutional accumulation. According to on-chain data, SharpLink Gaming—one of the first…
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In a major blow for the crypto industry, several bills championed by President Donald Trump failed to pass a crucial procedural vote in the House of Representatives on Tuesday. According to CNBC, the final tally stood at 196-223, with 13 Republican representatives siding with Democrats to block the motion, marking a rare moment of dissent among House Republicans. House Rejects Key Crypto Legislation The proposed legislation included notable measures such as the GENIUS Act, which aimed to establish regulatory clarity for cryptocurrencies including stablecoins, which have gained notable traction over…
Fairshake, a US-based political action committee (PAC) backed by contributions from cryptocurrency companies including Coinbase and Ripple Labs, reported holding $141 million in assets to be used to influence upcoming elections. In a statement released on Tuesday, Fairshake said it had raised about $52 million in the first half of 2025, with $25 million from Coinbase. This total, including its $109 million raised since November 2024, had the PAC holding more funds than it spent on congressional races in the last US election cycle. Coinbase’s chief legal officer on the…
Key takeaways: June CPI data showed rising headline and core inflation, reducing expectations of an interest rate cut in July. Bitcoin must reclaim the $119,250–$120,700 zone to confirm bullish momentum and aim for fresh highs above $123,000. Bitcoin (BTC) price rallied to $118,400 from $16,500 on Tuesday following the release of the June US Consumer Price Index (CPI), which showed inflation rising for the second straight month. Headline CPI hit 2.7% year-over-year, the highest since February, matching expectations but up from 2.4% in May. Core CPI also ticked higher to…
Key Notes XRP delivered 37% profits over eight consecutive trading days before entering consolidation phase around the $2.90 support level. Governor Newsom appointed Ripple executives alongside Coinbase and MoonPay leaders to California’s blockchain innovation advisory board. Technical analysis suggests bulls could target $3.50 resistance if current support levels hold through institutional partnership momentum. Ripple XRP $2.84 24h volatility: 3.4% Market cap: $167.61 B Vol. 24h: $11.40 B price action cooled on Tuesday, July 15, moving sideways around the $2.9 mark with 0.53% intraday contraction. This consolidation comes after XRP delivered…
Tether’s USDT0 stablecoin is now operational on the Rootstock Bitcoin sidechain. Rootstock Integrates Tether’s Omnichain USDT0 The integration makes the omnichain version of USDT accessible natively on Rootstock through Layerzero’s OFT standard. Rootstock combines Bitcoin’s proof-of-work (PoW) security via merged mining with Ethereum Virtual Machine compatibility. Rootstock’s infrastructure includes the PowPeg two-way Bitcoin bridge, block […] Original