Crypto News
World Liberty Financial to ‘Align’ With TRUMP Memecoin, Add It to Treasury
Eric Trump said that World Liberty Financial, the decentralized finance project with ties to the Trump family, plans to acquire a "substantial position" in the TRUMP memecoin for its long-term treasury as it “aligns” with the project.The announcement, posted to X on Friday, framed the move as part of a shared vision for “crypto, patriotism and long-term success.”While few concrete details were provided, the commitment suggests an effort to bring a veneer of institutional weight to a token that, like most memecoins, trades largely on attention and branding.It’s unclear how much capital the firm plans to commit. Other holdings in its portfolio include major altcoins like ether ETH, bitcoin BTC, and TRX TRX, along with some stablecoins.The project has nevertheless...
Bitcoin Price Watch: Cup and Handle Pattern Signals Potential Surge
At 8 a.m. Eastern time, bitcoin is trading at $104,881 to $105,266 over the past hour, with a market capitalization of $2.08 trillion and a 24-hour trading volume of $24.93 billion. The 24-hour intraday price range spanned from $103,655 to $105,213, reflecting a tightly wound consolidation phase ahead of a potential breakout. Bitcoin The dailySource link
Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules
Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions include cash deposit and withdrawal limits as well as mandatory scam warnings. ATM Scammers Target Senior Citizens Australia’s financial intelligence agency, AUSTRAC, is implementing stringent new measures for cryptocurrency ATM operators, including refusing to renewSource link
Solana (SOL) Introduces Alpenglow for Faster Blockchain Consensus
Solana's Alpenglow aims to revolutionize blockchain consensus with 100x faster finality, replacing Proof of History with Votor and Rotor systems. (Read More)Source link
Singapore Clarifies Crypto Licensing Rules With Offshore-Only Activities Under Fire
Singapore’s looming licensing mandate forces offshore-only crypto providers into urgent compliance mode, threatening to cut off unregulated access to tokenized finance and digital asset markets. June 30 Sparks Compliance Race for Offshore-Only Crypto Providers in Singapore The Monetary Authority of Singapore (MAS) issued clarifications on June 6 regarding the scope and application of its regulatorySource link