Author: James Wilson
Morpho traded near $1.39 and was 2.4% in the green on the day, as bulls look to hold a key price level, with resilience at this crucial zone showing as Morpho’s total value locked on Base nears $2 billion. The Morpho (MORPHO) crypto platform is increasingly a major player in the decentralized finance ecosystem. It’s native token reached highs of $4.17 in January, but fell sharply as cryptocurrencies mirrored broader risk assets, MORPHO hit lows of $0.85 in April. Although bulls have seen MORPHO bounce 93% since its all-time low of $0.71 in November 2024, they failed to rally higher…
After a recent ban on PancakeSwap, Turkish regulators may soon crack down on other DeFi services and wallets. Turkey’s recent ban on PancakeSwap (CAKE) decentralized exchange brought concerns that other DeFi services may follow. A recent panel by regulators, during the Istanbul Blockchain Week, suggested that this may be the case. In a transcript shared with crypto.news, regulators outlined the new criteria for enforcement, which also apply to DeFi services. Under the new framework, DEXs and even non-custodial wallets would be required to follow the same rules as centralized services. Still, this does not mean that all such services would…
Nasdaq-listed medical device technology firm BioSig Technologies and real-world asset tokenization company Streamex are looking to raise up to $1.1 billion in financing to launch a gold-backed treasury management strategy powered by Solana. BioSig and Streamex said in a press release on July 8 that the companies have entered into a definitive agreement that will see them raise up to $1.1 billion from a leading institutional investor. Streamex & BioSig plan to raise the funds via a debenture, offering the sale of $100 million in senior secured convertible notes and equity line of credit of up to $1 billion. The…
In just three weeks, SharpLink’s ETH-per-share exposure jumped from 2.00 to 2.37. Once known for sports betting tech, the company is now setting institutional benchmarks in crypto treasury management, staking every coin, tracking exposure, and raising the bar. In a press release dated July 8, Minneapolis-based iGaming giant SharpLink Gaming said it now holds 205,634 Ethereum (ETH) tokens on its balance sheet, after purchasing another 7,689 ETH in the first week of July at an average price of $2,501 per token. SharpLink’s aggressive crypto pivot earlier this year saw it acquire 176,270.69 ETH, worth approximately $463 million at the time,…
Perpetual futures see over $100 billion in daily trading volume, yet most platforms still cater to pros. Phantom’s mobile-first approach could be the bridge or the breaking point for retail adoption. On July 8, Phantom, the crypto wallet best known for its seamless Solana and Ethereum integrations, rolled out perpetual futures trading directly within its app. Unlike traditional perps platforms that overwhelm users with complex order books and advanced charting tools, Phantom’s implementation strips derivatives trading down to its basics, letting users open leveraged positions in a few taps, right next to their NFT collections and token balances. The feature,…
Amp crypto price has plunged and entered a bear market this year, mirroring the performance of most altcoins. Amp (AMP) dropped to $0.0033 on Tuesday, down by over 77% from its highest level in November last year. Its market cap has slipped from over $965 million to $283 million today. A potential reason why Amp has plunged is that the total value locked on Flexa has been in a free fall this year. It has dropped to $20.8 million, down from the year-to-date high of $295 million. Activity on the Flexa Network is critical for Amp, as the token provides…
The days of manually reconciling financial reports may be numbered. The Cardano Foundation’s new Reeve platform aims to bridge legacy ERP systems with blockchain, offering CFOs something radical: a ledger that can’t lie, enforcing transparency where it’s needed most. On July 8, the Cardano Foundation unveiled Reeve, an enterprise-grade financial reporting platform designed to replace error-prone spreadsheets and opaque ledgers with an immutable, blockchain-backed record of truth. Built on the Cardano blockchain, Reeve targets corporations, NGOs, and government agencies in search of tamper-proof financial disclosures. The platform promises to automate compliance, reduce fraud risk, and streamline audits through cryptographic verification.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepeto blends internet culture with functionality, positioning itself as a serious new contender. The memecoin category, once dismissed as temporary hype, has gradually become a creative corner of the crypto space. For some, these tokens are simply speculative tools, but for others, they symbolize the viral power of internet communities. Now, a fresh contender is stepping onto the scene. Introducing Pepeto, a frog-inspired token that dubs itself the “God of Frogs.” With forward-thinking features like staking yields, ecosystem tools, and…
U.S. stocks opened flat on Tuesday as traders looked for gains following President Donald Trump’s delay of sweeping reciprocal tariffs and as China warned against a rekindling of trade tensions. The Dow Jones Industrial Average was largely flat as the blue-chip index shed 40 points, while the S&P 500 was down 0.3% amid a slowdown from the benchmark’s record highs. A lull in early trading also saw the Nasdaq Composite fluctuate around the flatline, down 0.2%. Stocks shed gains on Monday amid Trump’s fresh threats of tariffs against major trading partners, with the Dow falling more than 400 points and…
As mentioned in the previous XAUUSD weekly forecast, the trend of gold has shifted to sell, as the global tensions between Iran and Israel eased. The bias in gold for this week is sell, but it can change mid-week to buy as well. With that in mind, let’s discuss the key pivot levels for gold buying and selling in this XAUUSD weekly forecast from July 7th to July 11th, 2025. Key economic events of this week Some significant U.S. economic reports are scheduled for release this week that are expected to impact XAUUSD. Wed, Jul 9 – FOMC Meeting Minutes …