Category: crypto

Anthony Scaramucci discussed Bitcoin’s trajectory towards $1.1 million and the formation of a billion wallets on Bloomberg TV. He highlighted Bitcoin as a maturing asset class with institutional integration potential. He discussed the SkyBridge Bitcoin proxy ETF, CRPT, which offers exposure to Bitcoin through related equities. Scaramucci emphasized a longer-term adoption curve and the ETF’s…

Pump.fun introduced a revenue-sharing mechanism for token creators on PumpSwap, allowing them to collect 0.05% of trading volume in Solana. To qualify, tokens must meet certain criteria. The program would have distributed $7.3 million in rewards last month. Creators can claim rewards at any time with no lock-up periods. The platform needs a fee update.

SEC Chairman Paul Atkins called for a modernization of US crypto asset policy, focusing on issuance, custody, and trading regulations. He likened the shift to blockchain-based securities to the music industry’s digital transformation. Atkins emphasized the need for a rational regulatory framework tailored to digital asset markets to promote innovation and protect investors.

Bitcoin’s price dropped by 2.5% to around $101,600, causing liquidations of open long positions. However, on-chain metrics remain positive. Bitcoin rallied from $74,000 to $105,660, close to its all-time high. Institutional demand, ETF inflows, and macro tailwinds are supporting Bitcoin’s stability and potential for further accumulation.

Progressive group Our Revolution is organizing a national call to oppose the GENIUS Act, which they believe would benefit crypto billionaires and Trump’s inner circle. Senators Warren and Merkley will lead the event, discussing concerns about the legislation legalizing untraceable crypto donations and potential conflicts of interest with Trump’s Middle East trip. The group aims…

Tether USD (USDT) has exceeded $150 billion in circulation, leading stablecoins with over $521 billion in weekly transfer volumes in 2025. Tether attributes its growth to global demand from 400 million users. Stablecoins outpace Visa and PayPal, with Visa adapting by tokenizing fiat currencies and Mastercard tokenizing transactions. PayPal’s stablecoin, PYUSD, has seen increased adoption.

Coinbase has made history by becoming the first and only crypto company to be added to the S&P 500. CEO Brian Armstrong confirmed the news, stating that it validates the industry’s staying power. This milestone reflects the maturation and resilience of the crypto sector, with Coinbase now among America’s 500 most valuable publicly traded companies.

CryptoSlate Alpha is a membership program that requires purchasing a membership NFT using the SOL token on Solana. Connecting a Solana wallet is necessary for the purchase. By buying the membership, users agree to the terms of their wallet provider and the Access Foundation. CryptoSlate is not responsible for the digital wallet’s security or legality.

Ethereum has surged 42% in the past week, surpassing $2,500 for the first time since March. This breakout has led to over 60% of Ethereum addresses being in profit, signaling renewed investor confidence. Factors such as technical upgrades, institutional backing, and global tensions easing are driving Ethereum’s outperformance.

American Bitcoin, a subsidiary of Hut 8 linked to the Trump family, will go public through a merger with Gryphon Digital Mining. The combined company will trade on Nasdaq as “ABTC” in Q3 2025. Eric Trump is the chief strategy officer, and Donald Trump Jr. is also involved. The goal is to build a Bitcoin…