Crypto News

U.S. stocks bounced back into positive territory as crude prices plunged more than 4% in the past 24 hours and have now slid 8.74% since June 12. Analysts at Deutsche Bank note that oil’s trajectory could oscillate unpredictably in the months ahead. $76 to $70: Crude Collapses as Nuclear Talks Stall While much attention remainsSource link

Cantor initiated coverage of the three largest solana SOL treasury companies DeFi Development (DFDV), Upexi (UPXI) and Sol Strategies (HODL) with an overweight rating, the Wall Street firm said in a research report Monday.The broker has a $45 price target for DeFi Development, a C$54 objective for Sol Strategies, and a $16 price target for Upexi."We believe SOL treasury companies are betting the future of finance will be on-chain and that the chain of choice will be Solana," analysts led by Thomas Shinske wrote.Solana's biggest competitor is the Ethereum blockchain, Cantor noted, but its technology is meaningfully better than its larger peer on every metric."Developer growth on SOL has far exceeded that on ETH recently, and we expect this to...

Italian soccer club Juventus has agreed to a three-year sponsorship deal with crypto exchange WhiteBIT, boosting WBT's price in the process.Source link

The public company made its largest Bitcoin buy since early May, scooping up 10,100 Bitcoin. Source link

The Federal Open Market Committee (FOMC) is set to gather this Wednesday, and all signs point to the benchmark interest rate staying right where it is. But looking ahead to the coming months—starting in July—the odds of a rate cut are stacking up. Prediction Markets Hint at Powell Holding—For Now Global markets will be tunedSource link