Crypto News

Shiba Inu (SHIB) whales have stepped up their sales as the cryptocurrency's price recovery looks to gather steam alongside an uptick in futures market activity. The path of least resistance still appears to be on the higher side.SHIB, the world's second-largest meme token by market value, traded above the 23.6% Fibonacci retracement of the May-June sell-off as of writing, up over 1% on a 24-hour basis, according to CoinDesk data.Bullish RSIPrices have gained over 5% in one week alongside bullish signals from key indicators such as the 14-day relative strength index. The momentum oscillator has crossed into the bullish territory above 50 for the first time since May 23.Supporting the bull case are volume figures, which have exceeded the daily...

Cryptocurrency trading firm Galaxy Digital (GLXY) is expanding its blockchain staking platform for large institutional customers with help from crypto custody specialists Fireblocks, the companies said Wednesday.With the integration, Galaxy’s staking services are now natively accessible to the more than 2,000 of the world’s largest financial institutions that use Fireblocks to stake digital assets directly from their Fireblocks custody vaults, the statement said.Staking crypto assets on blockchains, a way of supporting the way transactions are validated on a decentralized network in return for yield, is growing among institutional investors, particularly under a crypto-friendly administration in the U.S.Galaxy said it currently holds around $2.3 billion of crypto assets under stake, and the Fireblocks deal is its third custodial integration this year,...

Looking for the best MPC wallets in 2025? We compare the top Multi-Party Computation (MPC) crypto wallets for secure self-custody. These next-gen wallets eliminate single points of failure, offering smarter key recovery and institutional-grade security. Here’s how they stack up. Why MPC Wallets Are the Future of Self-Custody After the collapse of custodial giants likeSource link

The duo allegedly used lavish Dubai events and luxury displays to lure investors into a bogus forex scheme that collapsed in 2023.Source link

Anthony Pompliano's ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and already deployed more than $500 million to purchase bitcoin (BTC), amassing a treasury of 4,950 BTC. This makes ProCap, the 13th largest public holder of bitcoin globally.The data and analysis presented by Pompliano comes directly from ProCap and refer to implied multiple Net Asset Value (mNAV) premiums. According to ProCap’s analysis, the company’s stock is currently trading at the lowest implied mNAV premium among a group of bitcoin treasury companies, at 1.3x, compared to peers like Cantor Equity...