JOE (JOE/IDR) Price Today
XRP tests key $0.91 support amid crypto market selloff and heavy liquidations.
XRP is struggling to hold above the $1 mark as the broader crypto market faces heavy selling pressure, with total market capitalization falling below $2 trillion. Technical analysis points to $0.91 as a critical support level, lower than the widely w...

Bitcoin mining could boost US grid by 76 GW, aiding AI data centers with flexible power use.
A Duke University study found Bitcoin mining can support up to 76 GW of new electricity demand in the US, about 10% of peak capacity, while stabilizing the grid. Miners can quickly pause operations to free power for critical uses like hospitals and A...

Kraken plans $71M deal to acquire 15% stake in DeFi protocol Aave, boosting its DeFi presence.
Kraken, through its parent company Payward Inc., is negotiating to buy a 15% stake in decentralized finance protocol Aave for about $71 million, valuing Aave at $385 million. The deal involves Kraken investing 35,000 Ether for 250,000 AAVE tokens and...

Ethereum price drops 7%, may fall to $1,400 amid rising exchange inflows and rate hike fears.
Ethereum (ETH) has fallen 7% in the past week, dropping below $1,600 as whales increase token inflows to exchanges, signaling potential further selling. Market conditions have worsened with rising odds of a U.S. Federal Reserve rate hike in September...

Bitcoin falls below $60K amid fears of Fed rate hikes and potential short squeeze.
Bitcoin dropped nearly 5% to around $58,000, its lowest in 2024, driven by concerns over a hawkish Federal Reserve signaling possible interest rate hikes. The broader crypto market also declined, with Ethereum, Solana, and Dogecoin falling. Despite t...

Kazakhstan's KASE lists Solana and Ethereum ETFs, enabling regulated crypto exposure in Central Asia.
Kazakhstan Stock Exchange (KASE) has become the first in Central Asia to list US-based cryptocurrency ETFs, admitting the Volatility Shares Solana ETF (SOLZ_KZ) and BlackRock’s iShares Ethereum Trust ETF (ETHA_KZ) under its global framework. SOLZ_KZ ...

STRC preferred stock drops 25% below par, raising concerns over dividend sustainability and Bitcoin buying pace.
STRC, Strategy's Nasdaq-listed preferred stock, has fallen to $76.20, about 25% below its $100 par value, sparking investor concern. The stock pays an 11.5% annual dividend, costing Strategy roughly $1.2 billion yearly, while the company holds $1.4 b...

Jeremy Grantham warns AI stocks face a 70% crash, calls bitcoin 'nonsense', urges investing outside US markets.
Jeremy Grantham, a veteran investor, calls the AI market the biggest US investment bubble ever and warns of a potential 70% drop in AI stock prices. He criticizes bitcoin as volatile and useless, predicting it will eventually go to zero. Grantham adv...

Ripple campaigns for CLARITY Act amid tighter Senate schedule and DOJ backing.
Ripple has launched a mobile advertising campaign near the U.S. Capitol to promote the CLARITY Act, a bill aimed at establishing clear regulations for digital assets. The legislation faces a tighter timeline after the Senate recessed until July 13, w...

Bitcoin dips below $60K amid active exchange flows and lower leverage, volatility remains high.
Bitcoin's price recently dropped below the $60,000 mark, breaking short-term support at $63,000. Despite the price dip, exchange netflows remain positive, indicating that traders are keeping coins ready for trading or selling. Open interest (OI) has ...
