Trump-Backed World Liberty Financial To Release Stablecoin Audit, Teases New App and WLFI Token Functionality

WFL to publish USD one audit

Word Liberty Financial, a decentralized finance (DeFi) firm affiliated with US President Donald Trump, is preparing to release the first audit of its dollar-pegged USD1 stablecoin. The company also plans to launch a mobile app aimed at retail users and make its native WLFI token transferable. The announcements were made by the company’s co-founder, Zak … Read more

Invesco-Galaxy Joins Race To Launch Solana ETF In The US

Invesco-Galaxy Files for Spot Solana ETF

Wall Street asset management firm Invesco Capital Management and crypto asset-focused company Galaxy Digital have filed a registration statement with the US Securities and Exchange Commission (SEC) for an exchange-traded product backed by Solana (SOL). If approved, the Invesco Galaxy Solana ETF, as it will be known, would trade on the Cboe BZX exchange under … Read more

‘Fiat Is Fading’: USD Hits 3-Year Low as Bitcoin Surpasses $107K

Fiat Is Fading

The US stock market drops sharply due to geopolitical instability caused by the Israel-Iran war, while the price of Bitcoin has increased to reach its $111,970 all-time high. According to a crypto analyst,  during the Iran and Israel conflict, mainly on June 13, the total crypto market cap fell $to $3.24 trillion.    The current Iran-Israel … Read more

Federal Reserve Ends Controversial Rule Barring US Banks From Serving Crypto Firms

Federal Reserve Ends Controversial Rule

The US Federal Reserve Board on Monday directed its supervisors to remove “reputational risk” from its bank oversight program. Under this guideline, industries deemed risky by the central bank, such as crypto entities, faced significant challenges in establishing or maintaining banking relationships. Crypto proponents have long argued that the premise was used to unfairly target … Read more

Bitcoin Breaks Past $106K As Iran and Israel Accept US-Brokered Ceasefire

Bitcoin Surges Past $106K as Iran-Israel Ceasefire Calms Markets

Less than a day after Bitcoin (BTC) reclaimed the $100,000 level, the flagship cryptocurrency has breached past $106,000 as US President Donald Trump announced that Israel and Iran have reached a “complete and total” ceasefire. In his Truth Social post, Trump wrote that both nations have agreed on the terms of the ceasefire and will … Read more

Ethereum Dev Floats Halving Slot Times to 6 Secs, Doubling Blocks

Ethereum Dev Proposes 6-Second Slot Times with EIP-7782

Barnabe Munnot, an Ethereum developer, issued a proposal that recommends reducing the block time of the network in half from twelve seconds to six seconds, aiming to improve the user experience and enhance the transaction process.  Barnabe Monnot presented Ethereum Improvement Proposal 7782 on June 21, suggesting cutting the slot times to 6 seconds by … Read more

Is It A Good Time To Invest In Dogecoin (DOGE)? What Does The Market Indicate?

Is It A Good Time To Invest In Dogecoin

Dogecoin (DOGE), the world’s most popular memecoin, has officially dipped into an oversold territory as recent market performance indicates growing concerns about the fading strength of the memecoin sector. Over the past 24 hours, the price of DOGE has plunged by about 4%, pushing it below $0.16 for the first time since April. The memecoin … Read more

Saylor Hints at Next Bitcoin Purchase Amidst Investor Lawsuit Over Strategy’s Q1 Loss

Saylor Hints at New Bitcoin Buy Amid $5.9B Loss Lawsuit

Michael Saylor, executive chairman and co-founder of MicroStrategy, is creating a buzz in the crypto world. On a latest tweet on X (formerly Twitter), Saylor gave a hint that his organization might be adding more Bitcoin in the near future, keeping intact the policy of aggressive investment of the company. As MicroStrategy itself is a … Read more