Category: Other Crypto News

Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including The XRP Ledger

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Mastercard said Wednesday it plans to open its global card-settlement network to regulated stablecoins, a move designed to let card issuers and acquirers clear card transactions directly on-chain.  The company says the service will operate across eight different blockchains, extending on what it describes as “real-world utility” for digital assets. Alongside the expanded on-chain settlement approach, Mastercard also plans to introduce intraday, weekend, and holiday settlement cycles. Mastercard Moves Toward On-Chain Settlement In its announcement, Mastercard said the stablecoins include Tether’s rival, Circle, and its USDC stablecoin, which Mastercard noted…

Here’s Where We Are In The Cycle

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Bitcoin is once again at the center of a fierce debate. While many market participants have interpreted recent weakness as the beginning of a new bear market, crypto trader @CryptoFergani argues the opposite. According to his assessment, the market has already endured its bearish phase, and current conditions point to a different stage of the cycle altogether.  Bitcoin’s Bear Phase May Already Be Behind It To understand his argument, it is important to look beyond daily price swings and focus on the larger structure of the market. @CryptoFergani’s chart presents…

Bitcoin Faces a ‘Likely’ Breakdown From a 50-Month Trend Line

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Bitcoin (BTC) hovered near two-month lows on Wednesday as 2022 bear-market comparisons returned. Key points: Bitcoin traders bring back the 2022 bear market to assess where BTC price action might go next. History shows a new lower high followed by a breakdown of a key 50-month trend line. That trend line has held throughout 2026 so far. Analysis: Bitcoin 50-month trend line break down “likely” Data from TradingView showed cooling BTC price volatility after a trip to $65,362 on Bitstamp — a level last seen in early April. BTC/USD one-hour…

EU MiCA Deadline Forces Crypto Firms to Secure Licenses or Exit Market

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The European Union’s Markets in Crypto Assets Regulation hits a hard deadline on July 1 when the transitional period ends and in-scope crypto asset service providers operating under national regimes must either hold a MiCA licence or stop serving EU clients. A spokesperson from the European Securities and Markets Authority (ESMA) told Cointelegraph that from that date, non-authorized entities “will not be allowed to operate within the EU” and should implement wind-down and client migration plans rather than rely on open-ended transitional status while awaiting a decision. The deadline could…

Hyperliquid Bear Flips Bullish After Losing Over $46M Betting on HYPE Price to Drop

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A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing. Key takeaways: Trader has opened fresh long positions in Arthur Hayes’ trinity coins: HYPE, ZEC, and NEAR. HYPE has extended its bull pennant breakout and is now eyeing a rally above $100. Whale reverses HYPE bet after $46.46 million loss On Tuesday, the trader known as “loracle.hl” finally closed his HYPE short, locking in a $46.46 million loss, according to data resource HyperBot. Loracle.hl’s closed perpetual trades. Source: HyperBot…

Is Bitcoin’s Recent Dip Part Of A Larger Institutional Accumulation Strategy?

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Bitcoin’s latest pullback has prompted renewed speculation about whether the market is witnessing a period of institutional accumulation rather than a fundamental shift in sentiment. While prices have trended lower in recent weeks, some analysts argue that the decline may be creating an attractive entry point for larger investors looking to build positions before the next major catalyst emerges. How Large Investors Typically Approach Bitcoin Volatile Markets Bitcoin’s recent weakness may be part of a broader accumulation phase rather than a sign of deteriorating long-term fundamentals. An analyst known as…

Ethereum Hits 14-Week Low as Traders Defend Critical $1.8K Support

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Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800.  ETH/USD 1-hour chart. Source: Cointelegraph/TradingView Key takeaways: Ether fell to a 14-week low near $1,800, with traders warning a breakdown could trigger deeper losses toward $1,200-$1,600. The Coinbase Premium Index hit its lowest level since February, signaling persistent weakness in US spot demand. Spot Ethereum ETFs logged sixteen straight days of outflows. Ether sits on weak support at…

Binance Exchange to Halt NFT Services, Move Management to Binance Wallet

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Binance announced it is shutting down support for non-fungible tokens on Binance Exchange and moving NFT management to its self-custodial cryptocurrency wallet, Binance Wallet.  The exchange said this will offer NFT holders “easier access to Web3 and decentralized features,” according to a Wednesday announcement.   NFT Holders have until July 3 to withdraw their transferable NFTs from the platform before they become inaccessible. For non-transferable NFTs that can’t be withdrawn by design, Binance Academy will provide a PDF certificate of course completion. The decision shows that more exchanges are winding down…

Here’s Why The Bitcoin Price Is Crashing And What To Expect Next

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The Bitcoin price has suffered a significant crash, falling from above the psychological $70,000 this week. Crypto pundit Nobler cited why the leading crypto was crashing, while analyst Chiefy revealed what to expect next from BTC.  Why The Bitcoin Price Is Crashing In an X post, Nobler revealed that the USDT issuer Tether was liquidating some of its BTC holdings, which was contributing to the Bitcoin price crash. He noted that this was the first time they had sold directly from their BTC reserve wallet. The pundit added that things…

Ledger Audit Finds TROPIC01 Chip Flaw in Trezor Safe 7

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Hardware wallet company Trezor and chipmaker Tropic Square have disclosed a vulnerability in one of the secure elements used in Trezor Safe 7 hardware wallet, saying the flaw does not put user funds at risk because the chip alone cannot expose a wallet. The vulnerability was identified during an independent security audit conducted by Ledger Donjon, the security research team at rival hardware wallet maker Ledger, according to a Trezor statement. Tropic Square provided the affected TROPIC01 Secure Element chip to the Ledger Donjon team for an independent audit. The…