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Financial News

Ripple-linked token up 4% as traders watch breakout toward $1.35

Ripple-linked token up 4% as traders watch breakout toward $1.35

2 months ago by Crypto InsightsCrypto

• Volume increased during the breakout attempt, with CoinGecko showing 24-hour trading volume of about $1.27 billion. • XRP held above the $1.08-$1.10 area through the session, keeping the short-term recovery structure intact. Technical Analysis • The key short-term level is $1.13. A sustained break… Read More

Strategy (MSTR) raises cash reserves to $3.2 billion without bitcoin (BTC) sale

Strategy (MSTR) raises cash reserves to $3.2 billion without bitcoin (BTC) sale

2 months ago by Crypto InsightsCrypto

Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,589.09 holder, raised its cash reserve by roughly $225 million last week after selling common stock, bolstering liquidity while leaving its bitcoin holdings unchanged. Michael Saylor, executive chairman of the firm, said Monday that Strategy now holds a… Read More

The GENIUS Act turns 1: State of Crypto

The GENIUS Act turns 1: State of Crypto

2 months ago by Crypto InsightsCrypto

A year on, the rules aren’t quite ready for implementation, but we have a much clearer idea as to how the regulators are thinking about stablecoins and where they’re likely to land on those rules. In an emailed statement, Crypto Council for Innovation CEO Ji… Read More

France orders country’s internet service providers to block Polymarket

France orders country’s internet service providers to block Polymarket

2 months ago by Crypto InsightsCrypto

France’s gambling regulator, the Autorité Nationale des Jeux (ANJ), ordered internet service providers to block Polymarket on July 16, treating the prediction market as an illegal gambling site rather than a financial trading venue. The ANJ said earlier restrictions had failed to keep French users… Read More

The traditional bank account is facing an existential threat from digital wallets

The traditional bank account is facing an existential threat from digital wallets

2 months ago by Crypto InsightsCrypto

Jan said many Binance employees, including himself, already keep most of their assets on the exchange. “I could make payments, I could use my debit card to spend whatever I need wherever I want,” he said. Lines are blurring Eneko Knorr, co-founder and CEO of… Read More

This $28 million ether ‘straddle’ bet aims to profit from pure market chaos

This $28 million ether ‘straddle’ bet aims to profit from pure market chaos

2 months ago by Crypto InsightsCrypto

It shows that major participants are not just “long-only” or “short-only” speculators; they are increasingly treating volatility as a separate asset class and using complex options Greeks, specifically vega (sensitivity to volatility) and gamma (sensitivity to price acceleration), to extract profit from market turbulence. Inside… Read More

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