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Shiba Inu (SHIB) has made an impressive breakout from a seven-week downtrend as most crypto prices recovered due to alleviated geopolitical tensions. Shiba Inu price trades $0.0000117 today, June 24, with an 8% gain in 24 hours, while daily trading volumes stood at $221 million. These gains have also coincided with a 1.6 trillion SHIB
The post Shiba Inu Price Ends 7-Week Downtrend After Whales Buy 1.6 Trillion SHIB – 40% Hike Ahead? appeared first on CoinGape.
Cronos rallied 10% after Crypto.com announced a partnership with Trump Media to create new altcoin ETFs. Today’s announcement is a binding agreement that builds on earlier relationships.
CRO is the native cryptocurrency of the Cronos blockchain, developed by Crypto.com. It serves as a utility token within the Crypto.com ecosystem, facilitating various functions such as staking, transaction fee payments, and accessing benefits across the exchange’s services.
Last month, Crypto.com announced a non-binding partnership with Trump Media. This saw increasing market interest in the token, but also attracted harsh criticism.
Specifically, the firm re-issued 70 billion CRO tokens that were “permanently burned” in 2021. The two companies just announced a binding agreement, but it caused smaller gains:
This new agreement between Crypto.com and Trump Media seems substantially similar to the last one. The two firms committed to launching new ETFs based on unspecified digital assets and “securities with a Made in America focus,” specifically mentioning energy firms.
Crypto.com has expressed interest in a CRO ETF, making it a likely target for this partnership.
“Crypto.com is the leading platform to bridge crypto and traditional finance, and this agreement is a testament to those capabilities. This partnership gives the Trump Media ETFs global distribution powered by the Crypto.com platform. It’s a win for Trump Media, Crypto.com, CRO, and Yorkville America Digital,” said Kris Marszalek, Co-Founder and CEO of Crypto.com.
On the surface level, it may look like SEC approval is the largest hurdle facing Trump Media and Crypto.com. The Commission has been flooded with applications since Trump took office, but no new altcoin ETFs have been approved yet.
As a report from yesterday alleged, various crypto firms have received tangible regulatory breakthroughs since donating to Trump’s Inauguration.
Several firms (including Crypto.com) had SEC investigations closed, while others, like Galaxy Digital, got the Commission’s approval for key business ventures.
Of course, Trump’s Presidency has promised a sweeping tide of pro-crypto regulations, so it could be unfair to single out specific firms as beneficiaries.
Further, an ETF approval is a big deal, and even a friendlier SEC might not give it easily. Whether or not the markets think the SEC would fast-track this product has no bearing on the actual outcome.
As ETF analysts have outlined, the entire market is saturated right now. There are 72 active proposals for new altcoin ETFs, but Bitcoin controls 90% of the crypto ETF market.
If a CRO ETF wins approval, it may be competing with a huge wave of newcomers over tiny chunks of BTC’s market share. Perhaps investors don’t see it as a likely option.
Overall, Trump and Crypto.com are doubling down on their partnership, and it could have big long-term implications. Any of the aforementioned factors (or a mix of several) might explain this outcome.
The post Cronos (CRO) Surges 10% As Trump Media Partners with Crypto.com for Altcoin ETFs appeared first on BeInCrypto.
The post Bitcoin Price Jumps 8%: Has the Trend Reversed or Is This a False Rally? appeared first on Coinpedia Fintech News
Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful just yet.
Here’s a closer look at what the data really shows.
The Bitcoin Apparent Demand chart, based on a 30-day total, is starting to show signs of recovery from the negative zone.
Apparent Demand is a useful metric for measuring how much overall interest there is in Bitcoin. It compares how much new Bitcoin is being created through mining with changes in how much Bitcoin is being held for long periods.
When apparent demand is positive, it means more Bitcoin is being taken out of circulation—often stored long-term—than is being created by mining. This can reduce the available supply, which could push prices higher.
Right now, the apparent demand seems to be climbing back toward positive levels. If this trend continues, it might lead to a bullish rally in the near future.
Some analysts say this pattern looks familiar. In 2021, a similar trend appeared where demand remained weak for months even though prices stayed stable. It took a long period of market consolidation before a true recovery happened.
This could mean the recent bounce is just temporary relief—not a sign of strong recovery or growing long-term interest yet.
Teddy, a well-known crypto analyst, agrees that Bitcoin demand has improved. He points out that some buyers have returned to the market.
However, he also shares concerns. He believes that major macroeconomic events—like rising interest rates, new tariffs, or global tensions—could quickly reverse the current optimism.
US President Donald Trump has recently launched a tough tariff policy that’s affecting nearly every major type of investment, including cryptocurrencies.
Although the Trump administration gave a short 90-day pause on tariffs for countries that haven’t responded with their own, the President made it clear that he plans to fully move forward with the policy. He also dismissed rumors suggesting he might back down.
This raises a big question for Bitcoin investors: will those who’ve held Bitcoin for the long haul stay calm, or will they panic and sell if another major economic shock hits? Teddy believes the crypto market is one that rewards patience, not quick optimism.
Bitcoin started this year at $93,623.09. Just before Trump’s inauguration, it reached an all-time high of $109,595.64, growing by over 9.54% in January.
But things took a turn in February, when the market dropped by 17.5%, bringing the total decline since February to more than 16.15%. March was slightly better, with the market falling by just 2.19%.
At the beginning of April, Bitcoin was priced at $82,541.66. It briefly fell to $74,517 on April 7 but has since made a strong comeback. Since April 9, it has risen by more than 12.49%. In the past 24 hours alone, prices have gone up by 1.4%.
Hope is in the air, but so is uncertainty—and in crypto, that’s just another Tuesday.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Bitcoin Price Jumps 8%: Has the Trend Reversed or Is This a False Rally? appeared first on Coinpedia Fintech News
Bitcoin is showing early signs of a possible comeback in demand, according to recent on-chain analytics. Over the past week, the Bitcoin market has risen by nearly 8%, giving investors hope that a bullish trend could be starting. But while some are getting excited, analysts like Teddy are warning people not to get too hopeful …
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to read how corporate players are rewriting the Bitcoin (BTC) playbook in real time. As traditional finance (TradFi) norms unravel, bold strategies are emerging to reshape corporate balance sheets and redefine what it means to go all in on digital assets, regardless of risk or reward.
Strategy, now MicroStrategy, recently revealed a new offering called STRC, or “Stretch.” Marketed as a perpetual preferred stock with an initial 9% dividend, the product is explicitly designed to support the company’s goal of accumulating more Bitcoin.
Michael Saylor, executive chairman of Strategy, announced the IPO via X (Twitter), calling it a new lever for Bitcoin accumulation.
Strategy’s post echoed the same language, reaffirming that net proceeds will go toward general corporate purposes, including acquiring Bitcoin.
That mission, however, was punctuated more dramatically in an exclusive comment to BeInCrypto by Bitcoin evangelist Max Keiser.
“Strategy is committed to 1 million Bitcoin by any means necessary. They’re tearing up the corporate finance rule book and charging hell-bent for leather to the 1 million Bitcoin promised land,” Keiser told BeInCrypto.
Morgan Stanley, Barclays, Moelis & Co., and TD Securities are joint bookrunners, signaling strong institutional coordination.
However, Keiser’s comment cuts through the finance speak, articulating that MicroStrategy does not want more Bitcoin. Rather, it wants all the Bitcoin.
This aggressive tone is consistent with Strategy’s decade-long shift from an enterprise software firm to a Bitcoin holding company.
Meanwhile, even as the firm progressively pivots to BTC, analysts say the firm could trigger a Bitcoin cascade worse than Mt. Gox or Three Arrows Capital.
MARA Holdings, the world’s largest public Bitcoin miner, is joining the Bitcoin accumulation wave. The firm revealed a $850 million private offering of convertible senior notes due in 2032.
The move signals continued strategic conviction in Bitcoin as a treasury reserve and a core asset in the company’s business model. The offering consists of 0.00% convertible senior notes, with an option for initial purchasers to buy an additional $150 million.
Redemption terms kick in from January 2030, and the company has embedded multiple mechanisms to manage dilution.
MARA intends to use the bulk of the proceeds to buy additional Bitcoin and fund general corporate purposes. This raise highlights MARA’s role as a miner and digital asset treasury operator.
Like Strategy, MARA is positioning itself to amass more Bitcoin while fortifying its balance sheet against future market disruptions.
Data on Bitcoin Treasuries shows MARA is a distant second among public corporate holders of BTC, holding 50,000 tokens.
Meanwhile, as of this writing, MicroStrategy is the largest holder, with a 607,770 portfolio valued at $71.80 billion.
Here’s a summary of more US crypto news to follow today:
| Company | At the Close of July 22 | Pre-Market Overview |
| Strategy (MSTR) | $426.40 | $425.74 (-0.15%) |
| Coinbase Global (COIN) | $404.44 | $405.50 (+0.26%) |
| Galaxy Digital Holdings (GLXY) | $29.11 | $29.90 (+2.71%) |
| MARA Holdings (MARA) | $19.88 | $18.86 (-5.33%) |
| Riot Platforms (RIOT) | $14.27 | $14.13 (-0.98%) |
| Core Scientific (CORZ) | $13.48 | $13.60 (+0.89%) |
The post Max Keiser Says MicroStrategy Is ‘Tearing Up the Rulebook’ to Reach 1M Bitcoin | US Crypto News appeared first on BeInCrypto.