Crypto News

With global M2 money supply climbing to an all-time high of $95 trillion to $96 trillion, bitcoin—trading between $117,800 and $118,102 in the past 24 hours—looks set to capture serious upside in 2025 as liquidity floods into assets. M2 Money Boom: Why Bitcoin Prices May Soar Amid Liquidity Flood Plenty of crypto fans are bankingSource link

A solo miner hit the jackpot on Saturday morning by solving block 907283, and data shows they did it with a modest hashrate of about 48.3 terahash per second (TH/s). Not bad for what’s essentially a one-person operation punching way above its weight. CK Pool Soloist Hits Block After 2,294 Misses Since the Last OneSource link

The Wyoming Stable Token is expected to debut next month, putting a publicly funded twist on the stablecoin sector.Source link

Tyler Winklevoss, co-founder of the crypto exchange Gemini, claimed that JPMorgan Chase halted its onboarding process for Gemini after he criticized the bank’s new fee structure for fintech companies.Last week, Winklevoss publicly criticized JPMorgan CEO Jamie Dimon after Bloomberg reported the bank would start charging fintech platforms for access to customer banking data. Many of these platforms serve as bridges between traditional banks and crypto services.“This will bankrupt fintechs that help you link your bank accounts to crypto companies,” Winklevoss posted on X. “ This is the kind of egregious regulatory capture that kills innovation, hurts the American consumer, and is bad for America.”JPMorgan didn’t address Gemini directly but defended its decision, telling Forbes that nearly 2 billion monthly requests...

Based on the most recent figures, the Bitcoin network just nudged its difficulty up by 1.07% on July 25, making block discovery ever so slightly trickier. At 127.62 trillion, the current difficulty stands as the most intense mining challenge the network has ever thrown at its participants. Bitcoin Mining Feels the Heat With Fresh DifficultySource link