Category: Other Crypto News

Crypto Data Company Dune Cuts 25% of Staff

boss

Crypto data company Dune said it is laying off 25% of its workforce, citing a need to restructure its business to focus on its core products. “We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on,” Dune co-founder and CEO Fredrik Haga posted to X on Thursday. “That unfortunately means we’ve let 25% of the team go this week.” Haga did not share the number of staff who were laid off. The company’s LinkedIn shows about 150 employees. Haga…

XRP Holders Put On Alert As David Schwartz Flags Dangerous New Scam

boss

A user lost 6,000 XRP after falling for a scheme that promised to double their funds. That case is one of several being reported as scammers step up their efforts against XRP Ledger users, prompting a public warning from Ripple’s former chief technology officer. Fake Offers Hiding In Plain Sight David Schwartz, known online as JoelKatz, posted the alert on X after what he described as a sharp rise in fake airdrop and giveaway activity. He warned that nearly all such offers seen across social platforms are fraudulent, and that…

Strive Rises Nearly 6% after Becoming ‘Daily Dividend Company’

boss

Shares in Bitcoin-focused Strive closed 5.8% higher on Thursday after the company said it will become a “Daily Dividend Company” and revealed it eliminated all debt in the first quarter of 2026.  The Vivek Ramaswamy-founded company said the Variable Rate Series A Perpetual Preferred Stock, ticker SATA, will start paying dividends every business day beginning June 16 at a current annual dividend rate of 13%. The payouts are funded by income generated from the company’s Bitcoin treasury strategy. Strive CEO Matt Cole said the move will make it the first…

Bitcoin Falls Below $80,000: Coinbase Sellers To Blame?

boss

Data shows the Bitcoin Coinbase Premium Gap has plunged into the red zone alongside the latest drop in the BTC spot price below the $80,000 level. Bitcoin Has Retraced Some Of Its Recent Price Recovery Bitcoin saw recovery surges above $82,000 on Sunday and Monday, but these spikes failed to set the tone for the week as BTC has since followed a downward trajectory. This decline observed an acceleration on Wednesday, with the cryptocurrency’s price even briefly sinking below $79,000. Below is a chart that shows the price action that…

The Jane Street Agenda? Ethereum (ETH) Identified As Next Key Target By Experts

boss

Market maker giant Jane Street is again drawing intense attention in crypto markets, with experts claiming the firm’s “next target” may now be Ethereum (ETH).  The speculation comes after reports that Jane Street made several major adjustments to its positions during the week, following months of scrutiny tied to alleged trading manipulation connected to Bitcoin (BTC). From Bitcoin Retreat To Ethereum Expansion Jane Street, one of Wall Street’s most active proprietary trading firms, reportedly reduced multiple Bitcoin-linked holdings in the first quarter (Q1) of the year, while meaningfully increasing its…

Why The $65,000 Region Is Important As Bitcoin Gears Up To Face Massive Resistance At These Levels

boss

Bitcoin’s latest push has run into a difficult stretch, with the price falling back under the $80,000 mark in the past 24 hours. This context gives more weight to a new quarterly chart analysis that places the most important levels much lower than the current price.  According to the analyst, Bitcoin may continue to move sideways within the present quarter, but the structure of the quarterly candle makes the $65,000 region a major area to watch if the current resistance continues to hold. The Resistance Zone That Could Define This…

Bitcoin To $150k? Investor Says Clarity Act May Ignite Big Rally

boss

Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past $150,000 before 2026 ends. Related Reading Wall Street Is Waiting For A Green Light Edelman laid out the argument during a recent appearance on the Milk Road podcast with host John Gillen. He said traditional…

Nigel Farage Reportedly Bought Property Shortly After Sizable Crypto Gift

boss

United Kingdom politician Nigel Farage, the leader of the Reform Party, purchased a property valued at 1.4 British pounds ($1.8 million) after receiving a 5 million pound ($6.7 million) “personal gift” from crypto billionaire Christopher Harborne.  The real estate deal closed in May 2024, several weeks before Farage announced that he was running for office in the general elections, according to Sky News. Farage is now facing a UK parliamentary probe over the 5 million pound gift, which critics of the politician say should have been declared and registered after…

Dartmouth Endowment Invests in Solana ETF, Holds $14M in Crypto Exposure

boss

The $9 billion endowment of Ivy League university Dartmouth College reported new investments with exposure to cryptocurrencies, increasing the digital assets in its portfolio since January. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $3.3 million worth of the Bitwise Solana staking exchange-traded fund (ETF). The trustees also disclosed about $3.5 million worth of the Grayscale Ethereum staking ETF and about $7.7 million of BlackRock’s iShares Bitcoin ETF.  The investments changed the endowment’s crypto…

Market Analyst Outlines How The XRP Price Will Reach $300 And What Everyone Is Missing

boss

CharuSan XRP, a market analyst, believes the XRP price could rise immediately to $300 once banks begin using it as a global settlement asset. The analyst framed this high price as a basic requirement for XRP to function as a global payment rail, not a speculative move. Furthermore, CharuSan noted that people who believe Ripple’s stablecoin RLUSD could serve as a settlement layer instead of XRP are completely missing the point, citing supply dynamics to support his claims.  XRP Price Forecasted To Jump To $300 After CLARITY Act In an…