Binance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in the US.
Cryptocurrency News
BONK news update: Will LetsBonk’s surging popularity push the altcoin above $0.000026? [cointelegraph]
BONK is facing profit-booking near $0.000026, but the pullback is likely to find buyers near $0.000020.
Chinese creditor challenges FTX motion to halt payouts in restricted countries [cointelegraph]
The motion to pause repayments to residents of certain countries has added a new wrinkle to the FTX saga.
Donald Trump Jr. invests in social media-turned BTC treasury firm [cointelegraph]
The Thumzup Media Corporation provides a platform for influencers to market various products on social media to earn revenue.
BREAKING: Bitcoin price hits record high as ETF demand overwhelms bearish market setup [btcmanager]
Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg.…
US debt rises to $36.6T: Will recession signals send Bitcoin back to $95K? [cointelegraph]
Bitcoin price hit new highs today, but surging US debt and concerning housing data raise fears of a recession-led Bitcoin drop toward $95,000.
Justin Sun claims he will buy $100M in Official Trump memecoin [btcmanager]
Justin Sun has made a bold promise to invest $100 in Trump’s memecoin.
Trump family-backed business votes on making governance token tradable [cointelegraph]
The proposal, which launched voting on Wednesday, had more than 99% support from roughly five billion tokens at the time of publication.
Bitcoin soars to new all-time high above $112K as traders liquidate shorts [cointelegraph]
Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.
GMX crypto price outlook after team explains $40m hack [btcmanager]
The GMX crypto token nosedived on July 9 after the popular perpetual exchange on Avalanche and Arbitrum was hacked. GMX (GMX) token plunged to a low of $10.20, its lowest level since April 7. The token has dropped nearly 40%…