Key takeaways: Crypto market cap hit $3.8 trillion on Monday, almost as big the UK’s GDP. One TOTAL index flashes a “buy” signal while a classic chart pattern hints at $4.45 trillion target. The total crypto market capitalization reached a new all-time high of $3.8 trillion on Monday, close to surpassing the UK’s gross domestic…
Key points: Bitcoin is facing profit booking near $123,000, pointing to a minor consolidation or correction in the near term. Several major altcoins have broken above their overhead resistance levels, indicating the start of a new uptrend. Bitcoin (BTC) started the new week on a strong note, rising above $123,000, but higher levels are witnessing…
Key takeaways: A veteran trader sees a potential 60% rally toward $4.47 in the coming months. XRP’s strongest weekly gain since November and record whale accumulation signal growing institutional confidence. Onchain sentiment shows XRP transitioning into the “belief–denial” phase. XRP is preparing for a major price breakout, according to veteran chartist Peter Brandt. XRP could…
Ripple’s US dollar-pegged stablecoin, Ripple USD (RLUSD), has received a significant boost by integrating with Transak, a major cryptocurrency payments platform. Transak has officially integrated support for the Ripple USD stablecoin, enabling its 8.3 million users to purchase RLUSD using multiple fiat currencies, the company announced in a statement shared with Cointelegraph on Wednesday. “We…
Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead. Stablecoins introduce systemic risks to banking institutions that could destabilize the entire financial system, causing sovereign governments to lose control over their currencies, the BOE official told The Sunday Times…
The Istituto per le Opere di Religione (IOR), commonly known as the Vatican Bank, has denied any connection to a fake cryptocurrency project claiming ties to it. The fake token, dubbed Vatican Chamber Token (VCT), was promoted on an online phishing scam website claiming to offer a “formal invitation to join one of the world’s…
Attorneys for digital asset manager Grayscale pushed back against the US Securities and Exchange Commission’s (SEC) delay on approving its Digital Large Cap exchange-traded fund (ETF) in a letter sent on Tuesday. The SEC’s Division of Trading and Markets initially approved the ETF proposal, but the SEC’s Office of the Secretary decided to review the…
Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year. The company, which suspended withdrawals in May, was placed into special administration last week amid mounting concerns over its financial management, according to…
Update (July 12, 2025 23:17 UTC This article has been updated to add more information on the last known state of James Wynn’s X profile. James Wynn, a crypto trader known for his high-leverage crypto bets, appears to have deactivated his X social media account, following nine-digit losses. Wynn’s X handle “JamesWynnReal” now routes to…
Top Stories of The Week Grayscale calls out SEC delay of Digital Large Cap Fund ETF listing Attorneys for digital asset manager Grayscale pushed back against the US Securities and Exchange Commission’s (SEC) delay on approving its Digital Large Cap exchange-traded fund (ETF) in a letter sent on Tuesday. The SEC’s Division of Trading and…
