CryptoNews

Bitcoin Liquidations Surge to $1.16 Billion; Economist Claims BTC Is 15% Lower vs. Gold

Economist Peter Schiff has renewed his criticism of bitcoin, questioning its status as “digital gold” after the cryptocurrency marginally dropped following Israel’s military strike on Iranian nuclear facilities. Gold Surges After Israeli Strikes Economist and bitcoin critic Peter Schiff appeared to reignite a feud with bitcoin maximalists by questioning bitcoin ( BTC)’s “digital gold”…
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$100M XRP Deployed: Vivopower Launches Institutional Treasury With Flare

A Nasdaq-listed firm unleashes a $100 million XRP deployment via Flare, revolutionizing DeFi-based treasury management and igniting a new era of institutional crypto finance dominance. $100M XRP Goes Live With Flare as Vivopower Redefines Corporate Treasury Vivopower (Nasdaq: VVPR), a publicly traded company transitioning into an XRP-focused digital asset enterprise, announced on June 10 a…
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This Solana Startup Wants to Reward You for Being Healthy

Cudis launched its Solana token on June 4, touting it as a way of turning personal health data from wearable devices into an onchain asset. How a Solana Startup Is Incentivizing Wellness Users of Los Angeles-based Cudis can now cash in on health data from their wearable…
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$124M Crypto Laundering Scheme Exposed in Australia—Authorities Charge Four

A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a security company that reportedly converted $124 million in cash into cryptocurrency to conceal illicit funds. Masterminds Convert Cash to Crypto in Bid to Hide Funds An Australian…
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XRP Added to Nasdaq Crypto US Settlement Price Index

XRP blasts into the Nasdaq Crypto US Settlement Price Index, marking a monumental step toward institutional adoption and setting the stage for unprecedented market expansion. XRP Included in Nasdaq Index Redesign On June 6, the Hashdex Nasdaq Crypto Index US ETF submitted…
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Analyst Projects $515B Tether Valuation—CEO Says BTC and Gold Are Missing From the Equation

Tether CEO Paolo Ardoino responded positively to an analyst’s $515 billion valuation of the stablecoin issuer, calling it “a beautiful number,” but ruled out the company going public. Ardoino: Valuation ‘A Bit Bearish’ Tether CEO Paolo Ardoino has described an analyst’s $515 billion valuation of the stablecoin issuer as “a beautiful number.” He also suggested that the figure could…
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