Circle has formally applied for a banking license after its successful IPO, seeking to provide custodial services for itself and institutional clients. The US trust bank license application precedes an incoming robust stablecoin regulation as ecosystem activity heats up. Circle Applies For Trust Bank License According to a Reuters report, stablecoin issuer Circle is seeking

The post Just In: Circle Moves To Secure US Trust Bank License appeared first on CoinGape.

The United States Securities and Exchange Commission has delayed a decision on staking for the Bitwise Ethereum ETF. This decision comes after months of talks between Bitwise, NYSE Arca, and regulators. SEC Launches Fresh Review as Bitwise Pushes for Staking in Ethereum ETF The Ethereum ETF was first approved to hold Ethereum directly, but Bitwise

The post Breaking: US SEC Delays Staking For Ethereum ETF With Bitwise Decision appeared first on CoinGape.

Senator Lummis has once again shown her strong support for the crypto industry. Lummis thanked President Trump for his help to ensure America retains its lead in financial innovation. Senator Lummis Pushes Tax Reform to Protect Players from Double Taxation In a new series of posts on X, Senator Lummis shared her plans to protect

The post Senator Lummis Proposes Tax Reform For Bitcoin Miners appeared first on CoinGape.

Jerome Powell’s days as Fed Chair are coming to an end as US Treasury Secretary Scott Bessent says the Trump-led administration is hunting for a replacement. Bessent has made the cut for a pool of candidates to replace Jerome Powell, with the Treasury Secretary open to assume the role. Trump Administration Searching For New Fed

The post Scott Bessent Confirms Search For Jerome Powell’s Replacement appeared first on CoinGape.

US President Donald Trump has continued to pressure Fed Chair Jerome Powell and the committee to lower rates from the benchmark 4.25% to 4.5%. This time around, the president has gone as far as sending a handwritten note to Powell, which contained a breakdown of how other countries have lower rates, in a bid to

The post Donald Trump Calls On Fed To Lower Interest Rates To 1% appeared first on CoinGape.

The emergence of Web3 took the tech world by storm with the rise of cryptocurrency in the 2010s. Exponential growth was expected, with Gartner predicting that about a quarter of all enterprises would be using decentralized architectures by 2027. However, Markets and Markets estimates that fewer than 10% of enterprises have integrated decentralized identity solutions

The post Five Critical UX Roadblocks Slowing Web3 Adoption and How to Overcome Them appeared first on CoinGape.

Rumours of a Robinhood partnership with Arbitrum are confirmed, with the US-based financial services firm leaning on the blockchain to announce its own layer 2 (L2) solution. The buzz from the announcement has sent HOOD stock rallying by over 10% in the last day, while the Arbitrum price has gained double-digit percentages. Robinhood Teams Up

The post Robinhood Announces Layer 2 Blockchain On Arbitrum, HOOD Stock Jumps 10% appeared first on CoinGape.

Dogecoin (DOGE) has recorded a slight 0.3% gain today, June 30, to trade at 0.164 at press time. The leading meme coin has been recording choppy moves in the last seven days, with the price fluctuating between a weekly high of $0.169 and a weekly low of $0.51. Amid the uncertainty, short-term holders seem to

The post Is Dogecoin Price Headed for 30% Crash as Short-Term Holders Record 38M in Realized Losses? appeared first on CoinGape.

The US Supreme Court has made a critical ruling, which could have a significant impact on the crypto industry. The Apex court ruled in favor of the IRS in a case involving the summons that the tax agency had issued to Coinbase to access user data. US Supreme Court Refuses To Rule Against IRS Summons

The post US Supreme Court Rules Against Coinbase Users In IRS Case appeared first on CoinGape.

A new chapter for Solana (SOL) is unfolding as excitement grows around a possible new investment product in the US market. Rex-Osprey’s CEO, Gregory King, has allegedly confirmed that his firm’s Solana staking ETF will launch on July 2, becoming the first of such a fund to roll out. REX-Osprey to Launch First Staking-Enabled Solana

The post REX-Osprey Solana Staking ETF To Launch On July 2, CEO Reveals appeared first on CoinGape.

The emergence of fractional ownership of real-world assets represents a turning point in investment paradigms. This shift has had a pronounced impact on Gen Z and new investors, who face distinct economic challenges. Young people struggle with significant student loan debt or face the risk of lower initial earnings. Over 40% of Americans under 30

The post Why Blockchain Should Be the Backbone of Fractional Asset Ownership Models appeared first on CoinGape.

The XRP Ledger (XRPL) EVM sidechain has finally gone live, bringing smart contracts to the network’s ecosystem. This move enables cross-chain compatibility between the XRPL and Ethereum networks, boosting the decentralized finance (DeFi) landscape. EVM Sidechain Goes Live On XRP Ledger In a press release, the network announced that the XRPL EVM sidechain is now

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Pepe Coin (PEPE) may have topped out, as on-chain data shows that whale transactions have fallen by a staggering 93%. Meanwhile, the profitability ratio is rising, raising the odds of profit-taking activity from traders, which may push the price below key support. As of June 30, Pepe Coin price was trading at $0.00000986 with a

The post Is Pepe Coin Price Top In? Whale Transaction Count Drops By 93% appeared first on CoinGape.

Kazakhstan’s central bank has signaled an intention to establish a national crypto reserve, mirroring the United States. While the plans do not involve buying cryptocurrencies, Kazakhstan will fund its reserve by mining operations and law enforcement seizures. Kazakhstan To Mint National Crypto Reserve The National Bank of Kazakhstan (NBK) has indicated a keen interest in

The post Kazakhstan To Launch National Crypto Reserve Using Seized Assets appeared first on CoinGape.

The newly launched Brad Pitt F1 movie is trending all around the world, but most would have missed a hidden cameo of the popular Sui token. In a bold entrance into Hollywood’s global spotlight, the blockchain network launched a massive branding campaign. Myste Labis’ Sui’s debut in movies would not have been on many investors’

The post Brad Pitt’s New F1 Movie Features This Token In a Hidden Cameo appeared first on CoinGape.

Pi Coin price crashed by 5.2% today, June 30, continuing a downtrend that started in May when it peaked at $1.6558. Its daily volume rose by 11% to $90 million after the Pi Day 2 news. Still, technicals suggest that the Pi Network price may bounce back this week as investors buy the dip. Pi

The post Can Pi Coin Price Bounce Back This Week After Recent Drop? appeared first on CoinGape.

Bitcoin Miner BitMine is forging ahead with plans to become the MicroStrategy of Ethereum. The company announced that it plans to raise $250 million for its Ethereum-focused treasury, while Fundstrat’s Tom Lee will become the Board Chairman with immediate effect. BitMine Finalizes Capital Raise For Ethereum Treasury In a press release, the Bitcoin miner announced

The post Breaking: Tom Lee’s BitMine To Raise $250 Million For Ethereum Treasury appeared first on CoinGape.

The highly anticipated BNB Chain Maxwell upgrade is now live, bringing with it faster block times and enhanced network performance. With block times slashed in half to 0.8 seconds, the upgrade aims to outdo its competitors, including the recently upgraded XRPL 2.5.0. Can this upgrade’s promised speed and efficiency gains propel BNB Chain to the

The post Can BNB Chain’s Maxwell Upgrade Today Outshine XRPL 2.5.0? appeared first on CoinGape.

Bitcoin’s dominance and popularity have grown significantly this year, and this has led to bullish predictions by top names in the industry, including MicroStrategy’s Michael Saylor, Eric Trump, and Robert Kiyosaki. These top voices forecast that BTC may hit $1 million, and the bull run towards this target price will definitely have bullish implications on

The post How Much Will XRP Price Be Worth If Bitcoin Hits $1M? appeared first on CoinGape.

ZIGChain:- RWAs (Real-World Assets) are absolutely a hot trend in crypto right now. With the tokenized equities making news in the past days, they are becoming a core pillar of the next phase of institutional and DeFi growth. Amidst the ongoing trend, new Layer-1 blockchain called ZIGChain made its mainnet launch recently on June 25.

The post Former Standard Chartered Executive Launches New RWA L1 Chain for “Serious Finance Apps” appeared first on CoinGape.