Barry Moore won Alabama’s Republican Senate runoff after more than $12 million in pro-crypto PAC support helped carry his campaign into the November general election. Summary Barry Moore won Alabama’s GOP Senate runoff after heavy support from Fairshake-linked crypto PACs Tuesday. Defend American Jobs spent more than $12M backing Moore across primary and runoff advertising…
America’s largest crypto exchange, Coinbase, is going international, offering tokenized stocks to global customers. Coinbase plans to launch tokenized stock trading in August for customers outside the US, according to an announcement on Tuesday. Tokenized stocks will be backed 1:1 by the underlying asset and will represent “true equity ownership,” it stated. This includes dividend…
Ethereum core developers have moved the Glamsterdam upgrade into its final development stage, with private devnets now testing the full set of planned Ethereum Improvement Proposals. Summary Ethereum developers are testing Glamsterdam devnets with all planned EIPs before public testnet deployment starts. The upgrade centers on ePBS and Block-Level Access Lists to improve Layer 1…
Although current loss realization levels are enough to confirm deep bear conditions, they have not reached the intensity required to establish a definitive bottom. Following a wave of selling pressure that pulled bitcoin (BTC) below $60,000 two weeks ago, analysts have highlighted on-chain data that signals possible seller exhaustion, which is further substantiated by…
The CLARITY Act has advanced toward a potential July Senate vote, though negotiations over conflict-of-interest provisions continue to divide lawmakers. Summary David Nage says the CLARITY Act could reach a Senate floor vote in mid-to-late July if lawmakers resolve ethics provisions. Debate has shifted from stablecoin yield rules to conflict-of-interest restrictions for government officials. The…
“SHIB looks dangerously ignored at these levels,” one analyst stated. The meme coin sector, which was among crypto’s sensations during the last bull run, no longer shows the same strength or investor enthusiasm. Shiba Inu (SHIB) – one of the most recognizable tokens of that type – has crashed by roughly 65% over the…
The market for tokenized real-world assets has continued expanding rapidly, with Citigroup projecting the sector could reach as much as $8.2 trillion by 2030 under its bullish scenario. Summary Citigroup projects the tokenized asset market could reach $5.5 trillion in its base case and as much as $8.2 trillion by 2030. Token Terminal data shows…
“I think that it still looks good and I have a bag of it that I’m trading,” one popular analyst stated. Many leading altcoins are well in the green today (June 16), but Bittensor (TAO) has failed to follow the overall upswing, posting a substantial daily decline. Even so, several analysts think it could…
Bitcoin has fallen back toward $65,000 after renewed tensions involving Israel and Lebanon tempered optimism surrounding a potential U.S.-Iran agreement, while traders also reduced risk ahead of the Federal Reserve’s policy decision. Summary Bitcoin fell from $66.9K to $65.4K as renewed Israel-Lebanon tensions dented optimism around a potential U.S.-Iran agreement. Technical indicators remain cautiously bullish,…
Avalanche is currently facing heavy FUD as traders question its ability to maintain ecosystem momentum against competitors. Avalanche (AVAX) became one of the most discussed cryptocurrencies on Monday despite the broader market rally, as growing skepticism around the network fueled social media debates. According to Santiment, many users are questioning whether Avalanche can still…
