Crypto News
Ethereum Treausry Companies Could Buy 10% of All ETH: Standard Chartered
ETH treasury firms bought 1% of all Ethereum in just 2 months—analyst predicts 10x growth could push prices past $4,000.Source link
Bitcoin Price Watch: Bullish Setup Emerges if Price Clears $120,500
Bitcoin is holding steady on July 29, 2025, with a price of $118,424, positioning itself within a $117,498 to $119,026 intraday range. With a market capitalization of $2.35 trillion and a 24-hour trading volume of $41.22 billion, the cryptocurrency is currently exhibiting technical signs of consolidation amid a broader uptrend. Bitcoin On the daily chart,Source link
CoinDesk 20 Performance Update: Stellar (XLM) Gains 2.1% as Index Inches Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4023.35, up 0.5% (+19.79) since 4 p.m. ET on Monday.Eleven of 20 assets are trading higher.Leaders: XLM (+2.1%) and HBAR (+1.8%).Laggards: AVAX (-3.1%) and SUI (-2.8%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX
This content is provided by a sponsor. PRESS RELEASE. BERLIN, July 29, 2025 – The foreign exchange (FX) market processes over $7.5 trillion in daily volume, yet remains constrained by legacy infrastructure that is slow, fragmented, and unavailable around the clock. Traditional FX markets are closed on weekends, rely on third-parties, and transactions can takeSource link
Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan
Coinbase’s (COIN) partnership with Circle (CRCL) and exposure to Circle's USDC stablecoin is generating significant financial upside, both through equity appreciation and high-margin revenue streams, according to a new report from Wall Street bank JPMorgan.The total value of Circle-related economics to Coinbase shareholders is estimated at $55 to $60 billion, the bank said, suggesting the market may be underestimating the strategic importance of the USDC ecosystem.The crypto exchange holds 8.5 million shares in Circle, valued at $1.6 billion as of July 25. The larger story, however, lies in USDC-related income, according to the report.In the first quarter of this year alone, Coinbase earned roughly $300 million in distribution payments from Circle, more than Circle’s total net revenue of $230 million.The...