Three US Crypto Stocks to Keep an Eye on in August: GLXY, CIFR, RIOT
As August approaches, uncertainty hangs over investors due to the volatile crypto market. This unease not only impacts the digital assets but also affects related stocks. Among the notable US-listed crypto stocks to observe in August are Glxy, CIFR, and Riot, as developments in these companies could influence their stock values. Galaxy Digital Inc (GLXY) […]
Trump Administration Explores Crypto for 401(k) and Mortgage Assets
The Trump administration is reportedly looking to incorporate digital assets into its 401(k) plans and mortgage offerings. President Donald Trump is anticipated to sign an executive order that would initiate a new 401(k) plan allowing for assets that may include cryptocurrency, as reported on Monday, July 28th. Recently, the Federal Housing Finance Agency’s plans were […]
Trump’s Truth Social Bitcoin ETF is one of several crypto funds postponed by the SEC.
SEC Delays Decision on True Social Bitcoin ETF The Securities and Exchange Commission (SEC) has decided to postpone its decision regarding the True Social Bitcoin Exchange Transaction Fund (ETF) until September 18, pushing back the original deadline of August 4. This fund, backed by the Trump Media and Technology Group, is seeking approval to list […]
$4 Trillion Bitcoin and Crypto Set for a Price Shift
Bitcoin has bounced back from last week’s decline, increasing following a significant earthquake that affected $9 billion. Last week, Bitcoin prices dropped to approximately $115,000 each but have since rebounded to around $120,000. This resurgence has pushed the total cryptocurrency market above $4 trillion. US President Donald Trump has also shared a substantial crypto forecast. […]
Crypto Lending Returns with Surge of Short-Term Loans
After a three-year period known as “Crypto Winter,” the digital asset lending market is beginning to make a comeback. A report from Financial Times referenced examples from San Francisco lenders, highlighting a company named Divine. It mentioned that Divine has facilitated around 30,000 short-term loans since it began operations in December, collaborating with OpenAI’s Iris-Scanning […]
Divine Research offers unsupported crypto loans using Sam Altman’s World ID
New Lender Embracing Crypto Short-Term Loans A San Francisco-based lender known as God’s study has introduced around 30,000 short-term loans in cryptocurrency since December, utilizing OpenAI CEO Sam Altman’s Iris-Scanning Platform, World ID, to verify borrowers. God’s study primarily provides loans under $1,000 using USDC (US Dollar Coin) stablecoin, focusing on borrowers outside the reach […]
What Large Crypto Investors are Purchasing Before the White House Crypto Report
Next week is crucial for the cryptocurrency market as the Trump administration is set to release ratings for the U.S. crypto sector. The White House report due on July 30 has generated anticipation among investors. In light of this, Beincrypto has examined three altcoins that large investors, or whales, have acquired in the last 24 […]
Wrench attacks push crypto investors towards centralized custodians
Growing Concern Over Wrench Attacks in Crypto Industry There’s a noticeable uptick in interest for security services among cryptocurrency traders and investors, particularly as “dollar wrench attacks”—physical theft attempts targeting individuals in the crypto space—become more frequent. Last year, there were several high-profile cases where investors and business leaders in the blockchain sector faced such […]
Crypto Analyst Cautions XRP Investors During Market Pullback
Warning for XRP Investors Crypto analyst Steph has raised some concerns for XRP investors about the current price movements. He pointed out the multi-year resistance levels that altcoins are having a hard time breaking through, emphasizing that these should be the primary focus as traders aim for new highs. XRP Needs to Exceed $3.6 Resistance […]
Japan’s cautious approval process hinders crypto adoption, according to an expert.
The main issue driving crypto innovation away from Japan isn’t just high taxes; it’s the cumbersome regulatory environment. According to Sakharov from Cointelegraph, Japan’s “slow, normative, and risk-averse” approach to approvals is pushing startups to look elsewhere, even with a proposed flat tax rate of 20% on crypto gains. While the current 55% progressive tax […]