Cryptocurrency News
Bitcoin’s Network Is Booming Even as Prices Remain Below Record Highs
Bitcoin usage is surging despite weak prices, as Ordinals and Runes drive network activity while ETF outflows pressure BTC lower.
Wall Street, Solana, and Anthropic Bet on Micron—Then Earnings Crushed Expectations
Micron Technology delivered a blockbuster fiscal third-quarter report on June 24, validating a series of bullish developments that had emerged in the days leading up to earnings—from a major Wall Street target increase and a strategic AI partnership to the launch of tokenized Micron shares on Solana. Investors digested the company’s stronger-than-expected…
DOJ Seizes Huione Cloud Backbone In Crypto Scam Money-Laundering Crackdown
DOJ Seizes Huione Cloud Backbone In Crypto Scam Money-Laundering Crackdown TL;DR The U.S. Justice Department says it seized backend cloud infrastruc
XRP Is Down 50%, and a $785 Million Stablecoin May Be Part of the Problem
XRP (XRP) price has fallen 50% over the past year, even as activity on its network climbs toward record highs. The flood of money behind that activity may be part of the reason the price keeps struggling to recover. The driver is RLUSD, Ripple’s stablecoin, a token built to hold a steady value near one
Why Is The US Stock Market Up Today?
The US stock market edged higher on Wednesday as oil prices retreated and falling Treasury yields eased pressure on equities. The S&P 500 rose 0.28% in a cautious, low-conviction move. Energy lagged badly while consumer cyclical and healthcare led the advance. 1. Oil Retreats as War Risk Fades Oil prices pulled back toward pre-conflict levels
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