by Benzinga | July 24, 2025 12:15 pm | Crypto News
Cathie Wood-led Ark Invest is betting on the transformative potential of smart contract Layer-1 tokens like Ethereum (CRYPTO: ETH) in decentralized finance, the company’s leading cryptocurrency analyst said on Wednesday. What Happened: Lorenzo Valiente, Director of...
by Benzinga | July 24, 2025 11:10 am | Crypto News
Most Americans are steering clear of Bitcoin (CRYPTO: BTC) and its cousins, judging the tokens a gamble too rich for their wallets, a new Gallup poll finds. What Happened: Six in 10 adults say they will “never” buy cryptocurrency, the strongest rejection...
by Benzinga | July 24, 2025 10:18 am | Crypto News
Market commentator and popular media personality Jim Cramer advocated for Bitcoin (CRYPTO: BTC) as a hedge against the escalating U.S. national debt on Wednesday, adding that he is buying a lot himself. What Happened: During a CNBC segment, Cramer expressed his...
by Benzinga | July 24, 2025 9:10 am | Crypto News
Leading cryptocurrencies diverged from stocks on Wednesday as investors parsed tariff-related developments ahead of the Aug. 1 deadline. Cryptocurrency Gains +/- Price (Recorded at 10:25 p.m. ET) Bitcoin (CRYPTO: BTC) -0.32% $118,916.47 Ethereum (CRYPTO:...
by Benzinga | July 24, 2025 8:15 am | Crypto News
Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported Wednesday unrealized gains of over $280 million on its cryptocurrency holdings in the second quarter, thanks to a 30% jump in Bitcoin’s (CRYPTO: BTC) price. What Happened: Tesla’s balance sheet showed $1.235...
by Benzinga | July 24, 2025 5:05 am | Crypto News
NFT collection Pudgy Penguins celebrated its four-year anniversary recently. The NFT collection continues to be one of the biggest turnaround storylines in the NFT sector of all time. With a cryptocurrency launched by the company, here’s a look at how much...
by Benzinga | July 24, 2025 2:10 am | Crypto News
Shares of digital asset financial services firm Galaxy Digital Inc (NASDAQ:GLXY) are trading higher on Wednesday, continuing a rally sparked by news earlier in the week. The momentum follows Monday’s announcement of a strategic partnership and bullish analyst reports....
by Benzinga | July 24, 2025 1:15 am | Crypto News
Cryptocurrency markets are trading lower on Wednesday despite equities making new highs. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $118,357.63 Ethereum (CRYPTO: ETH) $3,605.17 Solana (CRYPTO: SOL) $189.97 XRP (CRYPTO: XRP) $3.24 Dogecoin (CRYPTO: DOGE) $0.2443...
by Benzinga | July 24, 2025 12:11 am | Crypto News
On July 18, 2025, President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act, commonly known as the GENIUS Act, into law. This landmark legislation represents the first major federal regulation specifically targeting...
by Benzinga | July 23, 2025 11:19 pm | Crypto News
Nature’s Miracle Holding Inc. (OTCQB:NMHI), a publicly listed vertical farming technology firm, on Wednesday announced plans to allocate up to $20 million towards a new corporate treasury strategy centered around Ripple‘s (CRYPTO: XRP). The company stated that...
by Benzinga | July 23, 2025 11:18 pm | Crypto News
Bitcoin (CRYPTO: BTC) remains stuck around the $118,000 level, with traders increasingly cautious as key support zones weaken. The lack of bullish momentum has prompted several to exit long positions and wait for a deeper retracement before re-entering. What Happened:...
by Benzinga | July 23, 2025 10:11 pm | Crypto News
A surge in leveraged positions across Ethereum (CRYPTO: ETH) and top altcoins has prompted concerns of a speculative build-up, with analysts pointing to rising fragility in the market despite Bitcoin’s (CRYPTO: BTC) apparent stability. What Happened:...
by Benzinga | July 23, 2025 9:19 pm | Crypto News
Crypto analyst Benjamin Cowen warns against the common mistake of going “all-in” on crypto investments, recommending an 81% Bitcoin (CRYPTO: BTC), 19% Ethereum (CRYPTO: ETH) portfolio allocation for optimal risk-adjusted returns. What Happened: In a podcast episode on...
by Benzinga | July 23, 2025 9:19 pm | Crypto News
Goldman Sachs (NYSE:GS) and BNY (NYSE:BK) have introduced a blockchain-powered system to issue digital tokens that mirror shares of money market funds, marking a significant step toward the tokenization of traditional financial assets in the United States. As part of...
by Benzinga | July 23, 2025 8:15 pm | Crypto News
Bitcoin mining company Marathon Digital Holdings (NASDAQ:MARA) on Wednesday announced plans to raise up to $1 billion through a private offering of zero-coupon convertible senior notes due 2032, according to a recent SEC filing. The offering begins at $850 million,...
by Benzinga | July 23, 2025 8:15 pm | Crypto News
Dogecoin (CRYPTO: DOGE) is currently hovering around a critical technical resistance, sparking speculation of an imminent breakout as market fundamentals align. Cryptocurrency Ticker Price Market Cap 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2506 $37.6 billion +24.6% ...
by Benzinga | July 23, 2025 7:10 pm | Crypto News
Major digital asset firms and issuers of stablecoins, Circle Internet Group Inc. (NYSE:CRCL) and Ripple (CRYPTO: XRP) are aiming to become integral players in the banking system to show how crypto can now be used in banking, as highlighted by Anthony Agoshkov,...
by Benzinga | July 23, 2025 7:10 pm | Crypto News
BTCC, one of the world’s longest-serving cryptocurrency exchanges founded fourteen years ago, had a total reserve ratio of 132% for July, marking the fourth month in a row in which it maintained reserves well above 100%. The reserve ratio is the amount of...
by Benzinga | July 23, 2025 6:20 pm | Crypto News
Jack Dorsey, co-founder of Bitcoin (CRYPTO: BTC)-focused firm Block, Inc. (NYSE:XYZ), has openly criticized Ethereum (CRYPTO: ETH), although he has refused to label it as “hate” for the second-largest cryptocurrency. What happened: In response to accusations of...
by Benzinga | July 23, 2025 5:16 pm | Crypto News
Ethereum’s (CRYPTO: ETH) recent price rally is being driven by a sharp imbalance between new supply and institutional demand, according to Bitwise Chief Investment Officer Matt Hougan. What Happened: In an X thread posted on Tuesday, Hougan cited data showing...
