Cryptonews

SPX6900 (SPX) is trading at $1.42 as of press time, a 8% jump in the past 24 hours. This follows an earlier 11% surge, bringing its 7-day gain to a whopping 20%. The current market cap stands at $1.32 billion, based on a circulating supply of 930 million tokens. Daily trading volume reached $94.4 million, with price action ranging between $1.28 and $1.44, according to Coingecko data. SPX6900 is still down 17.8% from its all-time high of $1.73, recorded on June 11, 2025. Yet, the broader trend remains upward, buoyed by recent market interest and social activity.

If you trust the whispers of Bloomberg (do you? perhaps you should), Tether has almost 80 tons of the shiny stuff, putting them right up there in gold-hoarding contests with mastodons like central banks and those mysterious sovereign nations. Even El Salvador, coffee mug in hand, wants to gobble up more.

To seek answers, one must dig—past the surface shimmer of charts and the evangelist’s din. Here lies a paradox stitched with centralization and hesitation. Like a poet whose soul is held by a committee, XRP is tugged both forward and back, its ambitions gasping beneath Ripple’s heavy cloak of ownership and the industry’s half-hearted applause. Investors, with the worry lines of unpaid poets, feel the chill: if one steward holds the great purse, is the price at a masquerade, or is it unchained? 🎭

On July 8, as the midday sun tormented secretaries and shareholders alike, an announcement rippled through the wires: GameSquare has hatched an Ethereum treasury stratagem, beginning with an eight million dollar rallying cry, artfully extracted from underwriters (whose nerves, presumably, are made of either titanium or vodka) and swiftly galloping towards the shimmering oasis of ETH yield ventures. 🏇✨

It turns out, global folks are stampeding to buy US treasuries like they’re Beyoncé tickets. The deficit? Eh. Eisman thinks it’s less “fiscal crisis” and more “unlimited breadsticks at Olive Garden”—everyone keeps coming back and no one seems to regret it (yet).

In a delightfully reassuring post, GMGN’s co-founder Haze—the self-proclaimed savior of the innocent—announced that, in light of the increasing malicious attacks (courtesy of those devilish Maximal Extractable Value bots), they’ve installed a shiny new MEV protection feature. No doubt this will protect us all from the wolves of the crypto wilderness. 🦊

On a blustery Wednesday, Associate Justice Minister Nicole McKee—who probably does not own a golden ticket, nor a crypto wallet—announced that the government would “expand police powers” with new laws to tackle the crime parade. Sounds serious, but if you squint you might imagine her wielding an Oompa-Loompa-sized mallet to bop money-laundering scoundrels on the noggin. She promises: “We’re hunting down every last dodgy dollar, and crypto crooks won’t know what hit ’em!”

According to data from crypto.news, Cardano (ADA) was trading at $0.58, marking a 6.6% gain over the past week that pushed its market cap over $21 billion.

In a CryptoQuant Quicktake post, an analyst has talked about the latest trend in the Binance Exchange Reserve for Bitcoin and the stablecoins. The “Exchange Reserve” here refers to an on-chain metric that keeps track of the total amount of a given asset that’s sitting on the wallets attached to a centralized exchange.

First up: Song Kum Hyok, a North Korean national with more secret connections than a New York City subway map. This guy’s linked to the Reconnaissance General Bureau (think: North Korea’s version of Bond villains), and their cybercrime side hustle, Andariel. Song’s idea of a good time? Swiping U.S. citizen info, creating fake IDs, and handing out remote IT jobs to his buddies, mostly in crypto firms. I mean, it’s an employment agency and an episode of “Catch Me If You Can,” all rolled into one! 🎭