Crypto News
Coinbase Sags After Dual Blow of Supreme Court Decision, Ark Share Sale
Coinbase faces legal setback and $95M selloff but analysts see upside potential and are predicting $1.33 per share gain in Q2 earnings.Source link
Global Dollar (USDG) Stablecoin Launches in the European Union
On July 1, 2025, Paxos officially launched the Global Dollar (USDG), a fully regulated USD-backed stablecoin, in the European Union (EU). Compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation and overseen by the Finnish Financial Supervisory Authority and the Monetary Authority of Singapore, USDG is designed to meet the increasing demand for stablecoins inSource link
NEAR Protocol Falls 2% as Support Level Faces Critical Test
AI-focused NEAR token is down by 2% on Tuesday to reflect broader altcoin market weakness and a negative response to a governance proposal by trading firm DWF Labs.DWF proposed to cut NEAR's inflation from 5% to 2.5%. While this might have a bullish impact on prices in that tokens will be more scarce, network validators might switch to other networks if their rewards are slashed too much, creating a debate over a potential lack of decentralization.Technical analysisThe 19:00-20:00 period on June 30th marked the peak with the highest price point, followed by consistent lower highs, suggesting continued selling pressure that could test the established support zone in the near term.In the last 60 minutes from 1 July 13:06 to 14:05,...
eXchange1 Launches in India, Pioneering the Future of Fully Regulated Crypto Trading
This content is provided by a sponsor. PRESS RELEASE. Mumbai, India | July 1, 2025, In a promising move to redefine India’s digital asset landscape, eXchange1, a European-regulated crypto exchange, has officially launched operations in India. Backed by the bold vision of “1 World · 1 Exchange,” this marks a major milestone in the platform’sSource link
Bitcoin Cash Surges 5%, Chalks Out Bullish Golden Cross Against BTC
Bitcoin's BTC offshoot bitcoin cash BCH chalked out impressive gains in the past 24 hours, bucking the weakness in BTC and the broader market.BCH has gained over 5% from $491.25 to $516 in 24 hours, with trading volume tripling at one point as over 120,000 BCH changed hands. Prices hit a high of $528 at one point, the level last seen on Dec. 18, according to CoinDesk data.While a high-volume rally is said to be sustainable, gains are not backed by improvement in onchain fundamentals. According to CoinDesk's AI research, fundamentals for the Bitcoin Cash network recently hit six-year lows in daily active addresses. Per on-chain data, the network is experiencing a "critical demand deficit," suggesting the recent price action...