Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Crypto World

Michael Saylor’s MSTR boosted BTC and cash holdings

Published

on

Strategy's (MSTR) bitcoin purchase fails to stir BTC price: Crypto Markets Today

Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin and $300 million in cash to its balance sheet.

The company sold about 2.7 million shares of MSTR, according to a Monday morning filing, raising $335.5 million. About $35 million of that was used to acquire 520 bitcoin at an average price of $67,068 each. The other $300 million was added to cash already on the balance sheet, bringing reserves to $1.4 billion.

The latest acquisition brings Strategy’s total bitcoin holdings to 847,363 BTC, acquired at a total cost of roughly $64.01 billion, or an average purchase price of $75.651 per coin.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Micron Stock Jumps 5% on Anthropic AI Deal Ahead of Earnings

Published

on

Micron (MU) Stock Performance

Micron Technology (MU) shares climbed nearly 5% on Monday after the memory maker unveiled a strategic deal with Anthropic covering chip design, long-term supply, and an equity investment in the AI lab.

The announcement landed two days before Micron reports fiscal third-quarter results, sharpening investor focus on how AI memory demand is feeding the company’s growth.

Micron (MU) Stock Performance
Micron (MU) Stock Performance. Source: Google Finance

Inside the Micron and Anthropic deal

Micron announced the partnership on Monday. It frames the tie-up as a bridge between frontier AI models and the design of memory hardware. The two firms will co-engineer memory and storage subsystems tuned for AI training and inference.

The deal also locks in a multi-year supply arrangement across Micron’s data center portfolio. It covers high-bandwidth memory, DRAM, and solid-state drives.

Advertisement

That gives Anthropic committed components as Claude usage keeps growing.

The supply guarantee carries weight given Anthropic’s scale. The lab’s run-rate revenue crossed $47 billion in May, and its latest raise valued it at $965 billion. Securing memory now hedges against a market where AI chips are scarce.

Micron also took a strategic stake in Anthropic’s Series H round. It joined Samsung and SK hynix, the world’s other leading memory makers, as named infrastructure backers of Anthropic.

Inside its own walls, Micron uses Claude to accelerate engineering and coding work.

Advertisement

“Our compute strategy depends on getting every layer of the stack right, and memory and storage are central to how efficiently we can train and serve Claude… As demand for Claude grows, this is how we scale our compute for the long term,” read an excerpt in the announcement, citing Tom Brown, co-founder and chief compute officer at Anthropic.

Follow us on X to get the latest news as it happens

MU Stock Climbs Ahead of Earnings

Micron’s MU shares rose nearly 5% intraday, extending a rally built on booming AI memory demand.

Micron (MU) Stock Performance
Micron (MU) Stock Performance. Source: TradingView

Micron set an all-time high above $1,130 on June 18, and the stock has more than tripled in 2026. It now trades above that record at $1,192, ahead of Wednesday’s earnings release, capping a busy reporting week.

The timing matters because memory pricing has tightened sharply. Deutsche Bank’s Melissa Weathers raised her price target to $1,500 from $1,000 on June 17.

TD Cowen’s Krish Sankar matched that figure, citing a projected 2027 earnings per share of roughly $150.

Advertisement

Both analysts expect the memory shortage to run well into 2028.

Still, not every desk sees Micron as the cleanest AI bet. Some Wall Street strategists have favored Nvidia over Micron, pointing to steadier exposure to AI infrastructure spending.

Wednesday’s report will test whether the Anthropic deal signals a lasting demand pipeline or a well-timed headline.

Advertisement

With memory in short supply and prices climbing, Micron’s guidance may reveal more about 2027 than the quarter just ended.

The post Micron Stock Jumps 5% on Anthropic AI Deal Ahead of Earnings appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Zuckerberg seen as next to join trillionaire club, say Kalshi traders

Published

on

Zuckerberg seen as next to join trillionaire club, say Kalshi traders

Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., on Thursday, March 26, 2026.

Tom Williams | CQ-Roll Call, Inc. | Getty Images

Elon Musk became the world’s first trillionaire thanks to his stake in SpaceX after the company’s public debut on June 12. Prediction market traders think that Mark Zuckerberg has the best chance of being next, but it’s still a long shot.

Advertisement

Speculators on Kalshi give the Meta CEO a 32% chance of becoming the world’s second trillionaire. His net worth is estimated at just under $200 billion, according to Forbes, which Kalshi uses to determine whether to resolve the contract to “yes” or “no.” That means his net worth would have to quadruple to earn the title.

The contracts on Kalshi related to the question also expire by 2033, meaning if the person listed on the contract doesn’t become the second trillionaire by that point the contract will close. Kalshi’s event contracts related to the question also currently have low volume, with just over $7,500 traded.

Traders on the platform give Nvidia CEO Jensen Huang the next best odds, with 21% chance of obtaining a 13-digit net worth. His current net worth according to Forbes is a little north of $180 billion. 

No one else is seen as having a more than 10% chance of becoming the second trillionaire. Michael Dell, CEO of Dell Technologies, has the third best chances, at 6%. That’s despite his current net worth, $240 billion, being greater than that of Zuckerberg or Huang’s.

Advertisement

Despite the low odds from prediction market traders, more than one trillionaire may be in the pipeline, if previous research is to be believed. An Oxfam report from January 2025 estimated that within a decade there would be five trillionaires

Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source link

Advertisement
Continue Reading

Crypto World

Re7 Labs Opens $223K USDC Compensation Pool for USR Exploit Victims

Published

on

Re7 Labs Opens $223K USDC Compensation Pool for USR Exploit Victims


DeFi risk curator Re7 Labs said this morning that wallets affected by the March exploit of Resolv Labs' USR stablecoin can claim a share of a 223,000 USDC compensation pool. The makeup payment closes one of the smaller curator-side liabilities tied to the incident. The pool covers users whose… Read the full story at The Defiant

Source link

Continue Reading

Crypto World

Bitmine BMNR Stock Nears 5% Ethereum Goal as ETH Holdings Reach 5.67 Million Tokens

Published

on

Crypto Breaking News

Bitmine Immersion Technologies said its ETH holdings reached 5.67 million tokens as of June 21, 2026. The company also reported total crypto, cash, marketable securities, and selected investments of $10.7 billion. Bitmine said its Ethereum position equals about 4.7% of the total ETH supply. The update keeps BMNR positioned as the largest public Ethereum treasury, according to the company.

Bitmine Reports $10.7 Billion in Total Holdings

Bitmine said its crypto holdings included 5,672,956 ETH and 205 Bitcoin. The company valued ETH at $1,733 per token based on Coinbase pricing at the reporting time. It also listed $601 million in cash and marketable securities.

The company included a $180 million stake in Beast Industries and a $104 million stake in Eightco Holdings. Bitmine said Eightco gives investors indirect exposure to OpenAI through one of the few public equity routes available. These holdings formed part of the company’s reported $10.7 billion total.

Bitmine also said it owns 4.7% of Ethereum’s 120.7 million coin supply. The company continues to target 5% of total ETH supply under its “Alchemy of 5%” plan. Chairman Thomas Lee said Bitmine acquired 52,203 ETH over the past week.

Advertisement

Key Insight

  • Bitmine reported 5.67 million ETH holdings, equal to 4.7% of Ethereum’s total coin supply today.
  • The company said total crypto, cash, securities, and selected investments reached $10.7 billion this week.
  • Bitmine staked 4.71 million ETH through MAVAN and partners, representing over 83% of holdings now.
  • BMNR raised about $273.8 million from its Series A preferred stock offering this month alone.
  • Bitmine said it acquired 52,203 ETH last week while maintaining its 2026 accumulation strategy plan.

BMNR Expands Ethereum Staking Through MAVAN

Bitmine said it staked 4,718,677 ETH as of June 21. That figure represented more than 83% of its total ETH holdings. The company valued the staked ETH at about $8.2 billion using the same $1,733 ETH price.

The company runs staking through MAVAN, its Made in America Validator Network. Bitmine built MAVAN to support its own Ethereum treasury. The company also plans to expand the platform for institutional investors, custodians, and ecosystem partners.

Lee said Bitmine’s current annualized staking revenue stands near $223 million. He also said projected annual staking rewards could reach $268 million when Bitmine fully stakes ETH through MAVAN and partners. Bitmine reported a 2.73% annualized seven-day yield from its own staking operations.

Preferred Stock and Trading Activity Add Context

Bitmine closed an offering of 3.5 million shares of 9.50% Series A Perpetual Preferred Stock on June 10. The company priced the shares at $80 each and received about $273.8 million in net proceeds. The preferred stock trades on the NYSE under the symbol BMNP.

Bitmine said BMNP dividends are scheduled for weekly payment under the terms of the preferred stock. The company also said its board declared seven weekly cash dividends on the outstanding preferred shares. The payment dates depend on the stated record dates for each dividend.

Advertisement

The company also pointed to strong trading activity in BMNR shares. Fundstrat data showed the stock traded about $717 million in average daily dollar volume over four days ending June 18. That placed BMNR at number 219 among 5,704 U.S.-listed stocks by average daily dollar volume.

Bitmine also said Fortune placed the company on its 2026 Fortune 100 Crypto List on June 11. The company described its current position as the largest ETH treasury and the second-largest global crypto treasury behind Strategy. Strategy reportedly holds 846,842 BTC valued at about $54 billion.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Advertisement

Source link

Continue Reading

Crypto World

Anchorage Digital aims to bring banks onchain with new tokenized deposit platform

Published

on

20 banks and tech giants are waiting to issue tokens with Anchorage Digital

Federally chartered crypto bank Anchorage Digital is rolling out infrastructure that allows banks to issue tokenized deposits, joining a growing effort by financial institutions to bring traditional bank money onto blockchain networks.

The bank said on Monday that its new platform will help banks to offer round-the-clock payments and settlement services using blockchain technology without replacing their existing core banking systems.

“Many of the banks that we’re starting to work with are thinking about tokenized deposits, and how do we start to do [them],” Anchorage Digital CEO Nathan McCauley said in an interview with CoinDesk.

The product works by creating a blockchain-based representation of customer deposits while keeping the underlying funds within the bank’s traditional deposit accounts. Anchorage will provide the blockchain infrastructure, wallet management and smart contract technology, while banks maintain customer relationships and custody of deposits.

Advertisement

The move comes as banks increasingly look for ways to offer faster payments and settlements in a financial system that still largely operates on business hours and batch processing.

Source link

Continue Reading

Crypto World

5 Cryptocurrencies That Could Explode in the Next Bull Run: 3 AIs Give Surprising Answers

Published

on

The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months.

Despite the grim reality, the current environment might be an ideal time to invest in tokens that could deliver substantial gains in the next bull run. The real challenge is identifying which ones fit that profile, so we asked three of the most popular AI-powered chatbots for their perspective.

The Surprising Choices

ChatGPT started with Solana (SOL), describing it as its “easiest” pick. It claimed to have the best combination of liquidity, institutional interest, retail attention, and ecosystem activity and predicted that if the next bull cycle is driven by meme coins, the token will be “one of the clearest winners.”

Hyperliquid (HYPE) ranked second.ChatGPT praised its role in the DeFi sector, its rising popularity, and its strong fundamentals, but warned that an exploit on the exchange could undermine its chances of becoming a top performer during the eventual bull run. Third place goes to Chainlink (LINK), which was labeled “not flashy” but deserves attention.

Advertisement

“If banks, funds, stablecoin issuers, and asset managers keep moving assets on-chain, they need data, proof of reserves, cross-chain messaging, and settlement infrastructure. That is exactly where Chainlink wants to sit. Chainlink’s CCIP and institutional tokenization push make it a strong “picks and shovels” play for the next cycle. LINK could benefit even if the winning chains are different, because Chainlink is infrastructure across ecosystems,” its analysis reads.

Ondo (ONDO) and Sui (SUI) completed ChatGPT’s top 5 list. The former was classified as a “direct RWA pick,” while the latter was classified as one that has “strong technology, fast execution, a growing ecosystem, and enough retail appeal to move hard in a bull market.”

Google’s Gemini also placed SOL in the top spot in its rankings. It claimed that the asset has cemented itself as the primary alternative to Ethereum and highlighted its “blistering speed” and low transaction fees.

Chainlink comes second, while NEAR Protocol (NEAR), with its close ties to emerging Artificial Intelligence (AI) technology, ranks third. Arbitrum (ARB) is fourth, and SUI completed the top 5 group.

The More Expected Answer

While ChatGPT and Gemini both left Bitcoin (BTC) off their lists, Perplexity placed it at the very top of its own. It praised the asset as the undisputed leader in the crypto market, adding that it typically draws significant attention when risk appetite returns.

Advertisement

The chatbot picked Ethereum (ETH) as the second-best option, noting that it remains the core smart contract platform, with DeFi, NFTs, and ETF-driven institutional interest as key catalysts. Its top 5 club also includes Solana (SOL), Chainlink (LINK), and Bittensor (TAO).

“These coins are not just “hype picks”; they map to major cycle narratives like institutional adoption, scalable blockchains, tokenization, and AI infrastructure. That usually matters more in bull runs than trying to guess the single most viral meme coin,” it stated.

The post 5 Cryptocurrencies That Could Explode in the Next Bull Run: 3 AIs Give Surprising Answers appeared first on CryptoPotato.

Source link

Advertisement
Continue Reading

Crypto World

Bitcoin Weekly Liquidations ‘Insane’ as Price Passes $65,000 on Oil Weakness

Published

on

Bitcoin Weekly Liquidations 'Insane' as Price Passes $65,000 on Oil Weakness

Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves.

Key points:

  • Bitcoin hits a new week-to-date high despite US stocks rolling over at the start of trading.
  • Traders’ targets include a move toward $70,000 next.
  • Liquidations are described as “completely insane” as both long and short BTC positions get chopped up.

Bitcoin surfs $65,000 as oil eyes new lows

Data from TradingView showed BTC/USD hitting $65,555 on Bitstamp — its highest since Wednesday.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

The move contrasted with US stock markets, which opened lower on continued uncertainty over the fate of the US-Iran peace deal. The mood settled as the US allowed Iranian oil trading for two months.

“Iranian oil is officially returning to global markets for the first time since 2018,” trading resource The Kobeissi Letter responded in a post on X.

Advertisement

US WTI crude returned to near $73 per barrel, marking some of its lowest levels since early March and the start of the war.

CFDs on WTI crude oil one-day chart. Source: Cointelegraph/TradingView

For Bitcoin traders, it was all about nearby pockets of liquidity around the spot price on the day.

“Took out that thick liquidation cluster above $65K. Right after the US Market open. Going to be important where this moves in the next few hours,” Daan Crypto Trades commented alongside data from CoinGlass

BTC liquidation heatmap. Source: CoinGlass

“If it rejects here, it will likely try to clean up some liquidity lower. So this is $65K area is a good level to gauge for low timeframe strength/weakness I’d say.”

Trader CrypNuevo eyed a potential trip toward $70,000 should bulls manage to sustain the low-time frame breakout.

Advertisement

BTC/USDT one-hour chart. Source: CrypNuevo/X

BTC sees “insane” multibillion-dollar liquidations

Trading and liquidity analysis account CryptoReviewing, meanwhile, described recent liquidations as “completely insane.”

Related: US dollar strength hits highest since May 2025: Five things to know in Bitcoin this week

Bitcoin, it noted, had liquidated $2.5 billion in just seven days.

“Now, $65,000 – $67,000 has sizable liquidity above that could be swept next – potentially leading to higher levels,” an X post read. 

Advertisement

“However, $61,000 – $63,000 has significantly larger liquidation clusters stacked up, making this the ‘higher probability’ zone to visit next.”

A cautionary note came from trader Killa, who noted that Mondays had tended to mark the week’s swing high for Bitcoin in recent months.

“Over the past six weeks, 6 out of 6 Mondays have marked a local pivot high before price moved lower. Worth keeping an eye on if we start seeing strength and a push higher heading into Monday,” they told X followers.

BTC/USD with Monday peaks marked. Source: Killa/X

Source link

Advertisement
Continue Reading

Crypto World

Solana Foundation and Toss Bank Sign MOU to Rebuild Korean Remittance Rails

Published

on

Solana Foundation and Toss Bank Sign MOU to Rebuild Korean Remittance Rails

Solana News: The Solana Foundation and Toss Bank signed a Memorandum of Understanding, marking the first direct partnership between a South Korean internet-only bank and the Solana ecosystem, and positioning the deal squarely inside parent company Viva Republica’s pre-IPO technology narrative.

SOL sitting at $74 on the announcement, with trading volume rising 8% over 24 hours, though concurrent US-Iran peace talk developments complicate clean attribution of that volume spike to the MOU alone.

Toss Bank serves 15 million customers across South Korea as the country’s third-largest internet-only bank, and its overseas remittance service already covers 30 countries and 7 major currencies.

Advertisement

That existing footprint gives the Solana-based proof of concept a non-trivial addressable base from day one; this is not a greenfield experiment.

Discover: The Best Token Presales

Solana News: MOU Scope, Four Workstreams, One Live PoC

The MOU covers four areas: a proof of concept for global remittance and settlement infrastructure built on Solana; joint research into blockchain-based payment and settlement models; exploration of stablecoin and digital asset financial services; and a longer-term cooperation framework that includes integration with overseas banking partners and AML/KYC compliance systems.

Advertisement

The immediate live work is the PoC, everything downstream of that depends on what it produces.

Jin-hyun Park, head of strategy at Toss Bank, said the partnership launches “a phased pilot within the innovative services already provided by Toss Bank,” with the stated goal of delivering “quicker and more economical global digital finance through Solana” to its 15 million customers.

The framing is deliberate: this is positioned as an upgrade to existing infrastructure, not a speculative pivot into crypto.

Photo: Park Jin-hyun (left), head of strategy at Toss Bank, and Lily Liu, president of the Solana Foundation

Solana’s technical case here is straightforward: sub-second finality and transaction fees measured in fractions of a cent make it a credible rail for high-volume cross-border settlement, where SWIFT-era correspondent banking costs are the baseline to beat.

The tokenization roadmap comes later, contingent on PoC outcomes and regulatory clearance. An MOU is a narrative event; live PoC results are execution events. The market will need to see the latter before the former carries durable weight.

Advertisement

The Solana Foundation had already been building Korean institutional infrastructure before this deal. A separate MOU with local firm Wavebridge targets a KRW-pegged stablecoin designed to be “issued, validated, regulated, and suitable for institutional applications,” with on-chain settlement and tokenized deposit functionality involving major Korean banks. The Toss Bank partnership slots into that broader Korea strategy rather than standing alone.

Why the Solana Bet Lands Now: Viva Republica’s $10B IPO Play

Viva Republica, the parent company behind Toss Bank and the broader Toss super-app ecosystem, is targeting a US IPO in 2026 at a valuation exceeding $10 billion.

The firm has raised over $1.2 billion from investors, including GIC, Sequoia China, and Kleiner Perkins, and boosted Toss Bank’s paid-in capital to roughly 1.4 trillion won (~$1 billion) across six funding rounds to support growth and listing readiness.

Advertisement

The Solana MOU serves three functions in that IPO story. First, it reframes Viva Republica as a cross-border payments platform tapping a projected $320 trillion global payments market, not merely a domestic Korean neobank, which commands a tighter multiple on a US exchange. Second, the compliance-first architecture (AML/KYC integration, bank license, regulated stablecoin rails) places Toss in the regulated-innovator category rather than alongside unregulated crypto firms, a meaningful distinction for US institutional allocators.

Third, blockchain settlement rails lower marginal cost per remittance transaction, supporting the margin expansion narrative that pre-IPO models need.

This is legitimate strategic positioning, not window dressing, but the distinction between a partnership announcement and shipped infrastructure matters for any investor reading the prospectus. Viva Republica is telling a story that the PoC needs to eventually validate.

Advertisement

The regulatory context adds urgency. South Korea plans to impose foreign exchange controls on crypto transfers starting December 2026.

Toss Bank moving now, via a licensed, compliance-integrated framework, positions it ahead of that cutoff rather than scrambling to retrofit after the rules land. The Bank of Korea’s concurrent wholesale CBDC and tokenized deposit pilot with 100,000 users provides the policy backdrop that makes a bank-grade stablecoin remittance product politically viable rather than speculative.

Discover: The Best Crypto to Diversify Your Portfolio

The post Solana Foundation and Toss Bank Sign MOU to Rebuild Korean Remittance Rails appeared first on Cryptonews.

Advertisement

Source link

Continue Reading

Crypto World

Ondo Global Markets Taps Li.Fi to Scale Tokenized U.S. Equity Access Onchain

Published

on

Crypto Breaking News

Ondo Global Markets has integrated with LI.FI to widen access to tokenized U.S. stocks and ETFs across major crypto applications. The integration covers Ethereum and BNB Chain at launch, while Solana support will follow later. Ondo says the platform now gives LI.FI’s partner network direct access to more than 438 tokenized securities. The move places tokenized equities deeper into cross-chain wallets, apps, and trading infrastructure.

Ondo Adds LI.FI Access for Tokenized Securities

Ondo Global Markets brings tokenized exposure to U.S. public securities through blockchain-based tokens backed by underlying assets. The available products include tokenized versions of Tesla, Nvidia, and Apple shares. The platform also lists broad market ETFs such as QQQ and SPY.

LI.FI gives Ondo a distribution route across more than 1,000 partner platforms in its ecosystem. These partners include wallets and apps that already use LI.FI for execution. The integration allows users to access tokenized stocks and ETFs without leaving supported applications. It also gives partner platforms a ready route to add equity-linked assets through existing LI.FI connections.

Ondo reports more than $1 billion in total value locked on Ondo Global Markets. The platform also reports tens of thousands of holders and more than $20 billion in cumulative trading volume since its September 2025 launch. Those figures show the scale of activity behind the tokenized securities platform.

Advertisement

LI.FI Connects Partners Across Ethereum and BNB Chain

LI.FI operates as a cross-chain execution network for same-chain and cross-chain token transfers. The protocol uses an intent-based model where users set their desired outcome, while professional solvers handle routing and execution. That design removes the need for users to choose bridges or routes manually. It also supports best-price, gasless, and near-instant execution where the connected application enables those features.

The network has processed more than $80 billion in volume across over 100 million transfers. LI.FI also powers infrastructure for platforms such as MetaMask, Robinhood Wallet, and Binance. Its role gives Ondo a wider route into crypto applications that already serve large user bases.

Ethereum and BNB Chain support start the integration, while Solana support remains planned for a later rollout. This staged approach gives Ondo access to two active blockchain ecosystems before expanding to another major network. The integration also connects tokenized securities with users who already move assets across chains.

Key Insights

  • Ondo Global Markets integrated LI.FI across Ethereum and BNB Chain, with Solana support planned soon.
  • LI.FI’s 1,000-plus partners can now access 438 tokenized U.S. stocks and ETFs directly today.
  • Available assets include tokenized Tesla, Nvidia, Apple, QQQ, and SPY through Ondo Global Markets now.
  • Ondo reports over $1 billion in TVL and $20 billion in cumulative volume since launch.
  • LI.FI has processed over $80 billion across more than 100 million crypto transfers to date.

Tokenized Stocks Expand Across Crypto Apps

Ondo Global Markets tokenizes U.S. public securities and makes them usable in DeFi-compatible formats. Each tokenized asset has backing from underlying securities held with one or more U.S. broker-dealers. Ondo also says the assets use daily verification and investor protection standards.

The LI.FI integration gives developers and platforms a direct path to add tokenized equity exposure. Wallets and applications can present tokenized stocks and ETFs alongside other digital assets. This structure may reduce integration work for platforms that already connect with LI.FI. It also keeps tokenized security access inside familiar crypto products used by retail and institutional users.

Advertisement

The development comes as tokenized real-world assets draw more activity from crypto platforms and traditional finance firms. Ondo’s tokenized stock platform focuses on listed U.S. equities and ETFs, while LI.FI focuses on cross-chain access and execution. Together, the integration links tokenized securities with a wider app network across Ethereum and BNB Chain, with planned Solana support.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

Charles Hoskinson Says Cardano Needs AI Agents to Run “Midnight City”: Will Roadmap Move ADA’s Price?

Published

on

Charles Hoskinson Says Cardano Needs AI Agents to Run “Midnight City”: Will Roadmap Move ADA’s Price?

Charles Hoskinson is repositioning AI agents as core infrastructure for Cardano, not a side experiment. ADA is trading around $0.160, down 1% over 24 hours, a modest downtrend that tracks the broader market rather than any Cardano-specific catalyst.

The question traders are actually asking: does Midnight City development translate into price, or does it stay a roadmap story while ADA grinds sideways?

Hoskinson recently defended Cardano’s use of a synthetic AI influencer on the Input Output account after community pushback, framing it as deliberate public experimentation rather than a misstep.

He also pointed to OpenClaw, an open-source agent project gaining traction at speed, as evidence of where this is heading.

Advertisement

“We’re going to need agents and AI to be able to organize and sort all that out and broadcast on a regular basis what’s going on in Midnight City,” he said directly.

That’s not vision-casting, that’s an infrastructure call. The van Rossem hard fork sits in the background as a secondary technical catalyst, and Hoskinson’s broader governance positioning has been building toward this moment for months.

Can Cardano Price Break $0.17 Before the Next Hard Fork?

Advertisement

ADA is sitting at $0.1602 on the daily chart, and this is one of the most punishing downtrends in the large-cap space, with price collapsing from over $1.00 at the August peak to current levels, a loss of roughly 84% over 10 straight months with barely any meaningful relief along the way.

The recent breakdown below $0.20 in early June was the latest leg lower, taking ADA to fresh lows around $0.155 before a small bounce to current levels, and that $0.155 area is now the only reference point for support on this entire chart.

Source: ADAUSD / Tradingview

RSI sitting at 31 shows the selling pressure has been persistent without ever reaching the kind of extreme oversold capitulation readings that typically mark a durable bottom, which suggests this slide has been controlled distribution rather than panic selling, and that kind of grind can continue longer than expected.

The immediate resistance is $0.20, which was the floor that just broke and would need to reclaim to suggest any stabilization, and above that $0.25 to $0.27 is the next level from the May consolidation range.

There is no real structural support below the current ADA price until much lower levels from 2023, so a continued breakdown has very little to slow it down.

Advertisement

Ten months of lower highs and lower lows with no sign of base building yet make this one of the weaker charts in the space right now, and a bounce here would need real volume and a multi-week hold above $0.20 before it means anything more than a dead cat bounce in a still-active downtrend.

Smart Money Rotating Out Of Old Dying Chains to New Shiny Memecoins Like Maxi Doge

ADA’s upside from here is mathematically compressed in the near term; even the bull case scenario requires a hard fork execution and a broader altcoin cycle to materialize.

Traders watching established layer-1s grind through resistance sometimes rotate into early-stage assets where the risk-reward math looks different. That’s the structural logic behind presale positioning, for those who allocate that way.

Advertisement

Maxi Doge (MAXI) is a meme token on Ethereum built around a trading-community identity — the “240-lb canine juggernaut” framing is intentional, targeting the high-conviction leverage-trading crowd with holder-only competitions, leaderboard rewards, and a Maxi Fund treasury structured for liquidity and partnerships.

The numbers: presale price sits at $0.0002825, with $4,809,039.80 raised to date. Dynamic staking APY is live for participants. (Capital rotation into this stage has been the consistent pattern as larger meme coins consolidate post-listing.) Meme tokens carry substantial risk, low liquidity, sentiment-driven volatility, and no fundamental floor.

Research Maxi Doge before any allocation decision.

The post Charles Hoskinson Says Cardano Needs AI Agents to Run “Midnight City”: Will Roadmap Move ADA’s Price? appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Trending

Copyright © 2025