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Junaid Ahmeddz

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#CryptoIntegration Hereโ€™s what happened in crypto today Today in crypto, Galaxyโ€™s Mike Novogratz warns that a $1 million Bitcoin price in 2026 would not be a positive sign for the economy, Kraken pauses deposits for Monero, Gemini has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO. $1M Bitcoin in 2026 would signal trouble: Galaxy's Mike Novogratz Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldnโ€™t be a victory but rather a sign that the US economy is in serious trouble. โ€œPeople who cheer for the million-dollar Bitcoin price next year, I was like, Guys, it only gets there if weโ€™re in such a shitty place domestically,โ€ Novogratz told Natalie Brunell on the Coin Stories podcast on Wednesday. โ€œIโ€™d rather have a lower Bitcoin price in a more stable United States than the opposite,โ€ Novogratz said, explaining that severe currency devaluations often come at the expense of civil society. When a national currency falls, investors often seek alternative safe havens to protect their wealth, and Bitcoin is frequently referred to as digital gold. Kraken temporarily halts Monero (XMR) deposits after 51% takeover Kraken, a crypto exchange, announced the temporary suspension of Monero (XMR) deposits on Friday, following a 51% attack on the network by a single mining pool. Qubic, an AI layer-1 blockchain, said that it achieved dominance over the Monero network on Monday by commanding a majority of the networkโ€™s hashrate, the total amount of computing power dedicated to securing a blockchain network. Kraken wrote
#CryptoIntegration Hereโ€™s what happened in crypto today

Today in crypto, Galaxyโ€™s Mike Novogratz warns that a $1 million Bitcoin price in 2026 would not be a positive sign for the economy, Kraken pauses deposits for Monero, Gemini has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO.

$1M Bitcoin in 2026 would signal trouble: Galaxy's Mike Novogratz

Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldnโ€™t be a victory but rather a sign that the US economy is in serious trouble.

โ€œPeople who cheer for the million-dollar Bitcoin price next year, I was like, Guys, it only gets there if weโ€™re in such a shitty place domestically,โ€ Novogratz told Natalie Brunell on the Coin Stories podcast on Wednesday.

โ€œIโ€™d rather have a lower Bitcoin price in a more stable United States than the opposite,โ€ Novogratz said, explaining that severe currency devaluations often come at the expense of civil society.

When a national currency falls, investors often seek alternative safe havens to protect their wealth, and Bitcoin is frequently referred to as digital gold.

Kraken temporarily halts Monero (XMR) deposits after 51% takeover

Kraken, a crypto exchange, announced the temporary suspension of Monero (XMR) deposits on Friday, following a 51% attack on the network by a single mining pool.

Qubic, an AI layer-1 blockchain, said that it achieved dominance over the Monero network on Monday by commanding a majority of the networkโ€™s hashrate, the total amount of computing power dedicated to securing a blockchain network. Kraken wrote
#BullishIPO Crypto Price Prediction Today 15 August โ€“ XRP, Litecoin, Cardano Leading the $4.11 trillion crypto sector, Bitcoin hit an unprecedented all-time high (ATH) price yesterday, briefly reaching $124,128 before sliding 4% to about $118,816 as of this writing. The main cause for todayโ€™s market-wide dip is hotter-than-expected inflation readings from July, which tend to flip investors into a risk-off outlook. However, the Bitcoin milestone has reignited chatter that the long-expected post-halving rally may finally be around the corner. Investor appetite has spread beyond BTC, with capital flowing into major altcoins and even the best meme coins. Over the past year, projects like XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have each logged fresh price milestones. Two key signals from Washington are fanning the flames of a potential bull run. First, President Trump signed the GENIUS Act, the USโ€™s first full-scale stablecoin regulation. Secondly, the SEC launched โ€œProject Crypto,โ€ an initiative to modernize securities laws to give long-awaited clarity to crypto. With confidence running high, hereโ€™s how standout altcoins XRP, Litecoin and Chainlink might blow up.
#BullishIPO Crypto Price Prediction Today 15 August โ€“ XRP, Litecoin, Cardano

Leading the $4.11 trillion crypto sector, Bitcoin hit an unprecedented all-time high (ATH) price yesterday, briefly reaching $124,128 before sliding 4% to about $118,816 as of this writing.

The main cause for todayโ€™s market-wide dip is hotter-than-expected inflation readings from July, which tend to flip investors into a risk-off outlook. However, the Bitcoin milestone has reignited chatter that the long-expected post-halving rally may finally be around the corner.

Investor appetite has spread beyond BTC, with capital flowing into major altcoins and even the best meme coins. Over the past year, projects like XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have each logged fresh price milestones.

Two key signals from Washington are fanning the flames of a potential bull run. First, President Trump signed the GENIUS Act, the USโ€™s first full-scale stablecoin regulation. Secondly, the SEC launched โ€œProject Crypto,โ€ an initiative to modernize securities laws to give long-awaited clarity to crypto.

With confidence running high, hereโ€™s how standout altcoins XRP, Litecoin and Chainlink might blow up.
#CreatorPad Inflation Data Sparks Risk-Off Sentiment The price fall overlapped with the release of hotter-than-expected U.S. inflation data, which reignited fears that the Federal Reserve will keep interest rates higher for a longer period. Higher inflation readings have a deflationary impact on risk asset demand, such as cryptocurrencies, as investors pre-empt tighter monetary conditions by rebalancing portfolios. The July U.S. Producer Price Index rose +0.9% monthly and +3.3% annually, reducing market expectations for a September Federal Reserve rate cut. Source: @xCryptoBro via X For Bitcoin, in turn, long one of the darlings of inflation-hedge speculation, the reaction was a reminder that short-term price action is still heavily linked to macro sentiment. While characters like Mike Alfred are optimistic on Bitcoinโ€™s store-of-value argument with inflation pressures increasing, short-term speculators appear more worried about the prospect of closing liquidity and reduced speculative inflows. $1 Billion in Liquidations Rattles the Market Figures from cryptocurrency analytics firms showed that more than $1 billion of leveraged positions were unwound during the first 24 hours of the drop. The majority of these were long wagers on additional gains, which clearly show how sentiment can change so rapidly in this current environment.
#CreatorPad Inflation Data Sparks Risk-Off Sentiment
The price fall overlapped with the release of hotter-than-expected U.S. inflation data, which reignited fears that the Federal Reserve will keep interest rates higher for a longer period. Higher inflation readings have a deflationary impact on risk asset demand, such as cryptocurrencies, as investors pre-empt tighter monetary conditions by rebalancing portfolios.
The July U.S. Producer Price Index rose +0.9% monthly and +3.3% annually, reducing market expectations for a September Federal Reserve rate cut. Source: @xCryptoBro via X

For Bitcoin, in turn, long one of the darlings of inflation-hedge speculation, the reaction was a reminder that short-term price action is still heavily linked to macro sentiment. While characters like Mike Alfred are optimistic on Bitcoinโ€™s store-of-value argument with inflation pressures increasing, short-term speculators appear more worried about the prospect of closing liquidity and reduced speculative inflows.

$1 Billion in Liquidations Rattles the Market
Figures from cryptocurrency analytics firms showed that more than $1 billion of leveraged positions were unwound during the first 24 hours of the drop. The majority of these were long wagers on additional gains, which clearly show how sentiment can change so rapidly in this current environment.
#MarketTurbulence Bitcoin (BTC) Price Today: Bitcoin Plunges Below $118K as Inflation Jitters and $1B Liquidations Shake Markets Bitcoinโ€™s sharp drop below $118,000 sent shockwaves through the crypto market on Thursday, as inflation data spooked investors and triggered over $1 billion in leveraged liquidations. The steep decline came after Bitcoinโ€™s recent rally to multi-month highs, raising questions over whether the bull run can sustain its momentum. The sudden market turbulence reflects a broader risk-off sentiment, with both traditional and digital asset traders reacting to fresh U.S. inflation data. While Bitcoin had been trading steadily above key resistance earlier in the week, the sell-off underscores how sensitive the market remains to macroeconomic shifts. Bitcoinโ€™s Sharp Price Reversal Below $118K Bitcoinโ€™s price tumbled during early Thursday trading, declining from highs of nearly $122,000 to lows of sub-$118,000 within hours. The action was among the most precipitous intraday reversals of recent weeks and saw Bitcoin lose over $4,000 in value. Analysts point out that the $118,000 level had been serving as a near-term support, and its breach was a solidlyTrading volume volatility deepened during the fall, reflecting panic-selling pressure among institutional and retail investors. Several leveraged longs were surprised, and in the process, they set off a series of forced liquidations at various exchanges. This gave more fuel to the fall, accelerating the velocity and depth of Bitcoinโ€™s fall.
#MarketTurbulence Bitcoin (BTC) Price Today: Bitcoin Plunges Below $118K as Inflation Jitters and $1B Liquidations Shake Markets

Bitcoinโ€™s sharp drop below $118,000 sent shockwaves through the crypto market on Thursday, as inflation data spooked investors and triggered over $1 billion in leveraged liquidations.

The steep decline came after Bitcoinโ€™s recent rally to multi-month highs, raising questions over whether the bull run can sustain its momentum.

The sudden market turbulence reflects a broader risk-off sentiment, with both traditional and digital asset traders reacting to fresh U.S. inflation data. While Bitcoin had been trading steadily above key resistance earlier in the week, the sell-off underscores how sensitive the market remains to macroeconomic shifts.

Bitcoinโ€™s Sharp Price Reversal Below $118K
Bitcoinโ€™s price tumbled during early Thursday trading, declining from highs of nearly $122,000 to lows of sub-$118,000 within hours. The action was among the most precipitous intraday reversals of recent weeks and saw Bitcoin lose over $4,000 in value. Analysts point out that the $118,000 level had been serving as a near-term support, and its breach was a solidlyTrading volume volatility deepened during the fall, reflecting panic-selling pressure among institutional and retail investors. Several leveraged longs were surprised, and in the process, they set off a series of forced liquidations at various exchanges. This gave more fuel to the fall, accelerating the velocity and depth of Bitcoinโ€™s fall.
#MarketGreedRising Hereโ€™s what happened in crypto today Today in crypto, Google Play unveils new rules for wallet providers but exempts non-custodial wallets; Standard Chartered forecasts Ether to hit $7,500 in 2025 on record ETF and treasury demand, stablecoin growth, and network upgrades; and US banking groups push to close a GENIUS Act โ€œloophole.โ€ Google Play sets new licensing rules on crypto wallet developers Google Play will require crypto wallet providers in over 15 jurisdictions, including the United States and the European Union, to get licenses and comply with โ€œindustry standardsโ€ under an updated policy. The revision does not affect non-custodial wallets. According to Google Playโ€™s policy notice, the changes take effect Oct. 29. Developers in the US will need to register with local regulators as either a money services business or money transmitter, while those in the EU must register as a crypto-asset service provider (CASP). In the US, companies registered with the Financial Crimes Enforcement Network (FinCEN) as money services businesses must meet specific requirements, including implementing a written Anti-Money Laundering program. This could lead to broader adoption of Know Your Customer checks and other measures. Google addressed concerns over the policy impact on X following backlash from the crypto community, stating: โ€œNon-custodial wallets are not in scope of Google Playโ€™s Cryptocurrency Exchanges and Software Wallets Policy. We are updating the Help Center to make this clear.โ€ Ether climbs toward new highs as Standard Chartered ups target to $7,500 Standard Chartered has raised its Ether price forecast for 2025 to $7,500, up from a previous $4,000 target, citing a surge in institutional buying and the accelerating adoption of stablecoins following recent US regulatory changes.
#MarketGreedRising Hereโ€™s what happened in crypto today

Today in crypto, Google Play unveils new rules for wallet providers but exempts non-custodial wallets; Standard Chartered forecasts Ether to hit $7,500 in 2025 on record ETF and treasury demand, stablecoin growth, and network upgrades; and US banking groups push to close a GENIUS Act โ€œloophole.โ€

Google Play sets new licensing rules on crypto wallet developers

Google Play will require crypto wallet providers in over 15 jurisdictions, including the United States and the European Union, to get licenses and comply with โ€œindustry standardsโ€ under an updated policy. The revision does not affect non-custodial wallets.

According to Google Playโ€™s policy notice, the changes take effect Oct. 29. Developers in the US will need to register with local regulators as either a money services business or money transmitter, while those in the EU must register as a crypto-asset service provider (CASP).

In the US, companies registered with the Financial Crimes Enforcement Network (FinCEN) as money services businesses must meet specific requirements, including implementing a written Anti-Money Laundering program. This could lead to broader adoption of Know Your Customer checks and other measures.

Google addressed concerns over the policy impact on X following backlash from the crypto community, stating: โ€œNon-custodial wallets are not in scope of Google Playโ€™s Cryptocurrency Exchanges and Software Wallets Policy. We are updating the Help Center to make this clear.โ€

Ether climbs toward new highs as Standard Chartered ups target to $7,500

Standard Chartered has raised its Ether price forecast for 2025 to $7,500, up from a previous $4,000 target, citing a surge in institutional buying and the accelerating adoption of stablecoins following recent US regulatory changes.
#ETHRally Update: Ethereum Foundation-Linked Address Sells Another 1,100 ETH According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that in the past 5 minutes, an address associated with the Ethereum Foundation sold another 1,100 ETH at an average price of $4,602.1, totaling approximately $5.06 million. In the past two hours, a total of 2,794.87 ETH (worth $12.78 million) has been sold, with an average selling price of $4,574.4.
#ETHRally Update: Ethereum Foundation-Linked Address Sells Another 1,100 ETH
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that in the past 5 minutes, an address associated with the Ethereum Foundation sold another 1,100 ETH at an average price of $4,602.1, totaling approximately $5.06 million. In the past two hours, a total of 2,794.87 ETH (worth $12.78 million) has been sold, with an average selling price of $4,574.4.
$ENA Ethena Forms Golden Cross, Signals Potential Rally Ethena's daily chart has formed a golden cross, reminiscent of a previous rally where ENA surged over 80%. Currently, ENA has gained 16% to reach $0.85, with a market cap of $5.4 billion. Sequans Boosts Bitcoin Holdings with New Acquisition Sequans has purchased 13 bitcoins at an average price of $117,012, bringing its total holdings to approximately 3,171 bitcoins, with a cumulative cost of around $370 million. S&P Global Issues First โ€˜B-โ€™ Rating for DeFi Protocol S&P Global has assigned a โ€˜B-โ€™ credit rating to Sky Protocol, the first for a DeFi platform, citing governance centralization and weak capitalization as key risks. Bitcoin Targets $117K CME Gap Amid Economic Data Bitcoin surged to $122,312 before pulling back, with traders eyeing a CME futures gap between $117K and $119K as a potential target. Upcoming U.S. CPI and PPI data could influence Federal Reserve rate cut expectations. FG Nexus Acquires $200M in Ether FG Nexus has purchased 47,331 ETH for approximately $200 million, aiming for a 10% stake in the Ethereum network through staking and finance participation
$ENA Ethena Forms Golden Cross, Signals Potential Rally
Ethena's daily chart has formed a golden cross, reminiscent of a previous rally where ENA surged over 80%. Currently, ENA has gained 16% to reach $0.85, with a market cap of $5.4 billion.

Sequans Boosts Bitcoin Holdings with New Acquisition
Sequans has purchased 13 bitcoins at an average price of $117,012, bringing its total holdings to approximately 3,171 bitcoins, with a cumulative cost of around $370 million.
S&P Global Issues First โ€˜B-โ€™ Rating for DeFi Protocol
S&P Global has assigned a โ€˜B-โ€™ credit rating to Sky Protocol, the first for a DeFi platform, citing governance centralization and weak capitalization as key risks.

Bitcoin Targets $117K CME Gap Amid Economic Data
Bitcoin surged to $122,312 before pulling back, with traders eyeing a CME futures gap between $117K and $119K as a potential target. Upcoming U.S. CPI and PPI data could influence Federal Reserve rate cut expectations.

FG Nexus Acquires $200M in Ether
FG Nexus has purchased 47,331 ETH for approximately $200 million, aiming for a 10% stake in the Ethereum network through staking and finance participation
#DeFiGetsGraded Login Blockchain Market Blockchain News Blockchain Stocks Blockchain Investing Crypto Market Update: Bullish Targets Upsized US$4.82 Billion IPO Valuation Giann Liguid Meagen Seatter Aug. 11, 2025 01:05PM PST Share Elsewhere in the crypto space, Tether and Rumble proposed a joint acquisition of Northern Data, and Jeff Bezos' Blue Origin said it will accept cryptocurrencies and stablecoins as payment for flights to space. Bitcoin and Ethereum price update Bitcoin (BTC)ย was priced at US$118,815, down by 0.1 percent over the last 24 hours and its lowest valuation on Monday. Its highest price for the day was US$120,693. ๏ฟผ Bitcoin price performance, August 11, 2025. Chart viaย TradingView. Analyst Omkar Godboleย offered a cautious outlook, pointing to lower trading volumes for Bitcoin despite similar prices in July and aย Coinbase Global (NASDAQ:COIN)ย discount suggesting weak US institutional demand. Go Deeper Is Now a Good Time to Buy Bitcoin? Ethereum Price History: A Decade of Disrupting Finance Ethereum (ETH)ย has outperformed after a weekend rally. Ethereum broke past US$4,300 on Monday as FG Nexusย announced the acquisitionย of 47,331 ETH, worth about US$200 million. Meanwhile,ย data from Etherscanย shows rising daily transaction counts over the past several weeks. Altcoin price update Solana (SOL)ย was priced at US$176.39, down by 3.6 percent over 24 hours and its lowest valuation for the day. Its highest price was US$180.86. XRPย was trading for US$3.16, down 1.7 percent in the past 24 hours and at its lowest valuation of the day. Its highest was US$3.22. Sui (SUI)ย was trading at US$3.69, down by 5 percent over the past 24 hours, and its lowest valuation of the day. Its highest level was US$3.77. Cardano (ADA)ย was trading at US$0.783, down by 3 percent over 24 hours and its lowest valuation on Monday. Its highest was US$0.8008.
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Crypto Market Update: Bullish Targets Upsized US$4.82 Billion IPO Valuation

Giann Liguid

Meagen Seatter

Aug. 11, 2025 01:05PM PST

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Elsewhere in the crypto space, Tether and Rumble proposed a joint acquisition of Northern Data, and Jeff Bezos' Blue Origin said it will accept cryptocurrencies and stablecoins as payment for flights to space.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$118,815, down by 0.1 percent over the last 24 hours and its lowest valuation on Monday. Its highest price for the day was US$120,693.

๏ฟผ

Bitcoin price performance, August 11, 2025.

Chart via TradingView.

Analyst Omkar Godbole offered a cautious outlook, pointing to lower trading volumes for Bitcoin despite similar prices in July and a Coinbase Global (NASDAQ:COIN) discount suggesting weak US institutional demand.

Go Deeper

Is Now a Good Time to Buy Bitcoin?

Ethereum Price History: A Decade of Disrupting Finance

Ethereum (ETH) has outperformed after a weekend rally.

Ethereum broke past US$4,300 on Monday as FG Nexus announced the acquisition of 47,331 ETH, worth about US$200 million. Meanwhile, data from Etherscan shows rising daily transaction counts over the past several weeks.

Altcoin price update

Solana (SOL) was priced at US$176.39, down by 3.6 percent over 24 hours and its lowest valuation for the day. Its highest price was US$180.86.

XRP was trading for US$3.16, down 1.7 percent in the past 24 hours and at its lowest valuation of the day. Its highest was US$3.22.

Sui (SUI) was trading at US$3.69, down by 5 percent over the past 24 hours, and its lowest valuation of the day. Its highest level was US$3.77.

Cardano (ADA) was trading at US$0.783, down by 3 percent over 24 hours and its lowest valuation on Monday. Its highest was US$0.8008.
$TREE Treehouse Price Prediction Are you curious about how much TREE could be worth in 2025, 2026, or even as far as 2050? Our Treehouse price prediction tool gives you the power to explore potential price targets based on user sentiment and market trends.The page allows you to visualize future price scenarios by entering a growth percentageโ€”positive or negative and instantly calculating how Treehouse's value might evolve over time. This interactive feature lets you track different growth trajectories and consider various market conditions when setting your personal price prediction or goals. Treehouse (TREE) Price Prediction for 2025 In 2025, the price of Treehouse could potentially see a change of 0.00%. It could reach a trading price of 0.4299 USD. Treehouse (TREE) Price Prediction for 2026 In 2026, the price of Treehouse could potentially see a change of 5.00%. It could reach a trading price of 0.451395 USD. Treehouse (TREE) Price Prediction for 2030 In 2030, the price of Treehouse could potentially see a change of 27.63%. It could reach a trading price of 0.548673 USD. Treehouse (TREE) Price Prediction for 2040 In 2040, the price of Treehouse could potentially see a change of 107.89%. It could reach a trading price of 0.893731 USD. Treehouse (TREE) Price Prediction for 2050 In 2050, the price of Treehouse could potentially see a change of 238.64%. It could reach a trading price of 1.4557 USD.
$TREE Treehouse Price Prediction

Are you curious about how much TREE could be worth in 2025, 2026, or even as far as 2050? Our Treehouse price prediction tool gives you the power to explore potential price targets based on user sentiment and market trends.The page allows you to visualize future price scenarios by entering a growth percentageโ€”positive or negative and instantly calculating how Treehouse's value might evolve over time. This interactive feature lets you track different growth trajectories and consider various market conditions when setting your personal price prediction or goals.
Treehouse (TREE) Price Prediction for 2025
In 2025, the price of Treehouse could potentially see a change of 0.00%. It could reach a trading price of 0.4299 USD.

Treehouse (TREE) Price Prediction for 2026
In 2026, the price of Treehouse could potentially see a change of 5.00%. It could reach a trading price of 0.451395 USD.

Treehouse (TREE) Price Prediction for 2030
In 2030, the price of Treehouse could potentially see a change of 27.63%. It could reach a trading price of 0.548673 USD.

Treehouse (TREE) Price Prediction for 2040
In 2040, the price of Treehouse could potentially see a change of 107.89%. It could reach a trading price of 0.893731 USD.

Treehouse (TREE) Price Prediction for 2050
In 2050, the price of Treehouse could potentially see a change of 238.64%. It could reach a trading price of 1.4557 USD.
#BTCHashratePeak World Mobile Stratospheric aims to expand wireless coverage to dead zones and underserved areas that are ignored by larger telecom players by beaming data directly to individual devices. The atmospheric and satellite-based communications sector continues to grow as these solutions present a way to provide online infrastructure for billions of individuals lacking an internet connection. Crypto debanking is โ€˜still occurringโ€™ as banks stick to Chokepoint policies Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred to as โ€œOperation ChokePoint 2.0.โ€ After President Donald Trumpโ€™s pro-crypto team won the election, many believed the era of debanking was over. His campaign rhetoric andย early policy moves signaledย a friendlier environment for digital assets, leading some to expect banks would ease restrictions on crypto clients. However, recent incidents suggest the practice remains entrenched. Last week, Andreessen Horowitz partner Alex Rampellย warnedย that big banks are squeezing fintech and crypto apps in โ€œOperation Chokepoint 3.0,โ€ by hiking fees to access account data or transfer funds to platforms like Coinbase and Robinhood. Echoing these concerns, Alex Konanykhin, CEO of Unicoin, told Cointelegraph that US banks are continuing to close accounts for crypto firms without explanation, despite growing political pressure to end the practice. โ€œWe know about it first-hand, as Unicoin and its subsidiaries have been de-banked, without explanations, by several banks,โ€ Konanykhin said. He listed five banks that have cut ties with Unicoin or its subsidiaries over the past years, including Citibank, Chase, Wells Fargo, City National Bank of Florida and TD Bank.
#BTCHashratePeak World Mobile Stratospheric aims to expand wireless coverage to dead zones and underserved areas that are ignored by larger telecom players by beaming data directly to individual devices.

The atmospheric and satellite-based communications sector continues to grow as these solutions present a way to provide online infrastructure for billions of individuals lacking an internet connection.

Crypto debanking is โ€˜still occurringโ€™ as banks stick to Chokepoint policies

Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred to as โ€œOperation ChokePoint 2.0.โ€

After President Donald Trumpโ€™s pro-crypto team won the election, many believed the era of debanking was over. His campaign rhetoric and early policy moves signaled a friendlier environment for digital assets, leading some to expect banks would ease restrictions on crypto clients.

However, recent incidents suggest the practice remains entrenched. Last week, Andreessen Horowitz partner Alex Rampell warned that big banks are squeezing fintech and crypto apps in โ€œOperation Chokepoint 3.0,โ€ by hiking fees to access account data or transfer funds to platforms like Coinbase and Robinhood.

Echoing these concerns, Alex Konanykhin, CEO of Unicoin, told Cointelegraph that US banks are continuing to close accounts for crypto firms without explanation, despite growing political pressure to end the practice.

โ€œWe know about it first-hand, as Unicoin and its subsidiaries have been de-banked, without explanations, by several banks,โ€ Konanykhin said. He listed five banks that have cut ties with Unicoin or its subsidiaries over the past years, including Citibank, Chase, Wells Fargo, City National Bank of Florida and TD Bank.
#CreatorPad Today in crypto, World Mobile launches drone-based network to provide 5G service, Unicoin CEO says US banks continue closing accounts for crypto firms under โ€œOperation Chokepoint.โ€ Meanwhile, Vitalik Buterin is an onchain billionaire again. World Mobile launches aerial drone network for telecommunication World Mobile, a decentralized physical infrastructure network (DePin) for telecommunications, launched a new initiative with Indonesian telecom firm Protelindo to provide 5G wireless service through drone-based platforms. The project, called World Mobile Stratosphere, uses hydrogen-powered drones, deployed at 60,000 feet in the stratosphere, to provide wireless coverage, Charles Barnett, the chief business officer of World Mobile Group, told Cointelegraph. World Mobile Stratospheric aims to expand wireless coverage to dead zones and underserved areas that are ignored by larger telecom players by beaming data directly to individual devices. The atmospheric and satellite-based communications sector continues to grow as these solutions present a way to provide online infrastructure for billions of individuals lacking an internet connection. Crypto debanking is โ€˜still occurringโ€™ as banks stick to Chokepoint policies Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred to as โ€œOperation ChokePoint 2.0.โ€ After President Donald Trumpโ€™s pro-crypto team won the election, many believed the era of debanking was over. His campaign rhetoric and early policy moves signaled a friendlier environment for digital assets, leading some to expect banks would ease restrictions on crypto clients. However, recent incidents suggest the practice remains entrenched. Last week, Andreessen Horowitz partner Alex Rampell warned that big banks are squeezing fintech and crypto apps in โ€œOperation Chokepoint 3.0,โ€ by hiking fees to access account
#CreatorPad Today in crypto, World Mobile launches drone-based network to provide 5G service, Unicoin CEO says US banks continue closing accounts for crypto firms under โ€œOperation Chokepoint.โ€ Meanwhile, Vitalik Buterin is an onchain billionaire again.

World Mobile launches aerial drone network for telecommunication

World Mobile, a decentralized physical infrastructure network (DePin) for telecommunications, launched a new initiative with Indonesian telecom firm Protelindo to provide 5G wireless service through drone-based platforms.

The project, called World Mobile Stratosphere, uses hydrogen-powered drones, deployed at 60,000 feet in the stratosphere, to provide wireless coverage, Charles Barnett, the chief business officer of World Mobile Group, told Cointelegraph.

World Mobile Stratospheric aims to expand wireless coverage to dead zones and underserved areas that are ignored by larger telecom players by beaming data directly to individual devices.

The atmospheric and satellite-based communications sector continues to grow as these solutions present a way to provide online infrastructure for billions of individuals lacking an internet connection.

Crypto debanking is โ€˜still occurringโ€™ as banks stick to Chokepoint policies

Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred to as โ€œOperation ChokePoint 2.0.โ€

After President Donald Trumpโ€™s pro-crypto team won the election, many believed the era of debanking was over. His campaign rhetoric and early policy moves signaled a friendlier environment for digital assets, leading some to expect banks would ease restrictions on crypto clients.

However, recent incidents suggest the practice remains entrenched. Last week, Andreessen Horowitz partner Alex Rampell warned that big banks are squeezing fintech and crypto apps in โ€œOperation Chokepoint 3.0,โ€ by hiking fees to access account
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$ENA Surges 10% as USDe Supply Jumps 75% โ€“ Whales Eye Breakout Above $0.68 Ethena ($ENA) has been grabbing attention for over a month, as it jumped about 10% in the last 24 hours to currently trade at $0.6196. With USDeโ€™s market cap rising and new regulated products launching, Ethenaโ€™s synthetic dollar project is gaining momentum. Traders are now asking important questions as they watch whether Ena can challenge its next resistance level. Ethena is a crypto-native synthetic dollar protocol on the Ethereum blockchain. Its flagship stablecoin, USDe, uses a delta-neutral strategy (long spot, short futures) to maintain a dollar peg and generate yield via sUSDe, without relying on traditional banking assets. This offers censorship resistance and flexibility but adds complexity and risk if market dynamics change. $ENA is the governance/utility token of the Ethena network, with the maximum supply being 15 billion tokens. Circulating supply and rich-list dynamics suggest a relatively distributed holder base, according to Etherscan. Additionally, USDeโ€™s market cap has surged 75% within a month, with recent reports showing it has eclipsed $9.29 billion. This makes it the third-largest stablecoin by supply and drives capital inflows into the protocol.
$ENA Surges 10% as USDe Supply Jumps 75% โ€“ Whales Eye Breakout Above $0.68

Ethena ($ENA ) has been grabbing attention for over a month, as it jumped about 10% in the last 24 hours to currently trade at $0.6196. With USDeโ€™s market cap rising and new regulated products launching, Ethenaโ€™s synthetic dollar project is gaining momentum.

Traders are now asking important questions as they watch whether Ena can challenge its next resistance level.
Ethena is a crypto-native synthetic dollar protocol on the Ethereum blockchain.

Its flagship stablecoin, USDe, uses a delta-neutral strategy (long spot, short futures) to maintain a dollar peg and generate yield via sUSDe, without relying on traditional banking assets. This offers censorship resistance and flexibility but adds complexity and risk if market dynamics change.

$ENA is the governance/utility token of the Ethena network, with the maximum supply being 15 billion tokens. Circulating supply and rich-list dynamics suggest a relatively distributed holder base, according to Etherscan.

Additionally, USDeโ€™s market cap has surged 75% within a month, with recent reports showing it has eclipsed $9.29 billion. This makes it the third-largest stablecoin by supply and drives capital inflows into the protocol.
#CreatorPad Crypto News: Acting CFTC Chair Caroline Pham has announced a "crypto sprint" to implement the Trump administration's 18 agency recommendations. The CFTC will coordinate closely with the SEC's Paul Atkins and Hester Peirce on the Project Crypto initiative. The Presidential Working Group tasked agencies with providing regulatory clarity for digital asset markets. \ Key recommendations include guidance on crypto as commodities and accommodating blockchain-based derivatives. Joint SEC-CFTC initiatives include a regulatory sandbox and a unified user interface for multiple services. Congress has been directed to give the CFTC clear authority over spot markets in non-security digital assets. Brian Quintenz awaits Senate confirmation as CFTC nominee after the White House delayed Wednesdayโ€™s hearing for regulation clarity.
#CreatorPad Crypto News: Acting CFTC Chair Caroline Pham has announced a "crypto sprint" to implement the Trump administration's 18 agency recommendations.

The CFTC will coordinate closely with the SEC's Paul Atkins and Hester Peirce on the Project Crypto initiative.

The Presidential Working Group tasked agencies with providing regulatory clarity for digital asset markets. \

Key recommendations include guidance on crypto as commodities and accommodating blockchain-based derivatives.

Joint SEC-CFTC initiatives include a regulatory sandbox and a unified user interface for multiple services.

Congress has been directed to give the CFTC clear authority over spot markets in non-security digital assets.

Brian Quintenz awaits Senate confirmation as CFTC nominee after the White House delayed Wednesdayโ€™s hearing for regulation clarity.
#CFTCCryptoSprint Crypto News: CFTC Launches Crypto Sprint Following White House Digital Asset Report Crypto News: Acting CFTC Chair Caroline Pham has announced a "crypto sprint" to implement the Trump administration's 18 agency recommendations. The CFTC will coordinate closely with the SEC's Paul Atkins and Hester Peirce on the Project Crypto initiative. The Presidential Working Group tasked agencies with providing regulatory clarity for digital asset markets. \ Key recommendations include guidance on crypto as commodities and accommodating blockchain-based derivatives. Joint SEC-CFTC initiatives include a regulatory sandbox and a unified user interface for multiple services. Congress has been directed to give the CFTC clear authority over spot markets in non-security digital assets. Brian Quintenz awaits Senate confirmation as CFTC nominee after the White House delayed Wednesdayโ€™s hearing for regulation clarity.
#CFTCCryptoSprint Crypto News: CFTC Launches Crypto Sprint Following White House Digital Asset Report

Crypto News: Acting CFTC Chair Caroline Pham has announced a "crypto sprint" to implement the Trump administration's 18 agency recommendations.

The CFTC will coordinate closely with the SEC's Paul Atkins and Hester Peirce on the Project Crypto initiative.

The Presidential Working Group tasked agencies with providing regulatory clarity for digital asset markets. \

Key recommendations include guidance on crypto as commodities and accommodating blockchain-based derivatives.

Joint SEC-CFTC initiatives include a regulatory sandbox and a unified user interface for multiple services.

Congress has been directed to give the CFTC clear authority over spot markets in non-security digital assets.

Brian Quintenz awaits Senate confirmation as CFTC nominee after the White House delayed Wednesdayโ€™s hearing for regulation clarity.
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