Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by…
Cryptocurrency News
Bitcoin sets record monthly close at $107K as analyst tips 9% rally [cointelegraph]
Bitcoin closed June at a record monthly high of $107,100 despite forming a spinning top candlestick pattern that suggests market indecision.
Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex [cointelegraph]
Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week.
Analysts raise chance of SOL, XRP and LTC ETF approval to 95% [cointelegraph]
Crypto ETF summer has arrived with America’s first staked Solana ETP and increased odds for other spot altcoin funds, according to analysts.
TradFi could move onchain due to ‘horrible banking experiences’ [cointelegraph]
Aave Labs founder Stani Kulechov says traditional finance has largely moved on from banks into fintech, and blockchain could be the sector’s next move.
Circle applies for US trust bank charter to manage its USDC reserve [cointelegraph]
Other crypto firms are also reportedly considering applying for a national bank charter, following in the footsteps of Anchorage Digital Bank, which received a license in 2021.
XAUUSD weekly gold forecast: Has the trend of gold shifted to sell? [btcmanager]
The Iran and Israel war came to a halt as the USA intervened. Owing to this, safe haven assets like gold and silver saw a decline in prices. The bias in gold has now changed to sell; however, a retracement…
SOL price rallies to $161 after ETF news, but is the rally sustainable? [cointelegraph]
Solana’s ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition.
Can BlockDAG join the Top 50 crypto market cap? [btcmanager]
BlockDAG’s $326M raise, live ecosystem, and DAG+PoW architecture may give it a path to the top 50 cryptos. Explore the data and tech behind the speculation. The idea of BlockDAG breaking into the top 50 crypto assets by market capitalization…
Can BlockDAG join the Top 50 crypto market cap? [btcmanager]
BlockDAG’s $326M raise, live ecosystem, and DAG+PoW architecture may give it a path to the top 50 cryptos. Explore the data and tech behind the speculation. The idea of BlockDAG breaking into the top 50 crypto assets by market capitalization…