Author: James Wilson

Peter Schiff has pushed back against Grant Cardone’s plan to combine real estate income with Bitcoin accumulation, arguing that the structure does not solve a real problem for property investors.  Summary Peter Schiff said real estate does not need Bitcoin because rental income can cover costs. Grant Cardone uses multifamily rental income to buy Bitcoin inside dedicated investment vehicles for investors. Cardone Capital bought 282 BTC recently, adding to a broader real estate-backed treasury strategy plan. The gold advocate made the comments after Cardone promoted a fund model that pairs income-producing properties with BTC holdings. “Combining real estate with Bitcoin…

Bitget has launched Stock+, a new feature under its Stocks 2.0 suite that lets eligible users buy real U.S. stocks using crypto.  Summary Bitget Stock+ lets eligible users buy real U.S. stocks using crypto converted into USDC directly. Users can receive dividends and split adjustments, while trades follow U.S. market trading sessions. Launch fees start at 0.1%, with a 50% discount available through August 31, 2026 initially. In a Monday press release, the exchange said users can fund trades with digital assets, which are converted into Circle’s USDC stablecoin before stock purchases are completed. The company said Stock+ is different…

A Chinese network suspected of exporting fentanyl precursor chemicals was also linked to a large crypto fraud operated through Japan, according to a Nikkei investigation.  Summary Nikkei tied a fentanyl-linked Chinese network to Japan-based crypto fraud using a fake Zksync.jp token. The alleged scheme used Japanese domains to gain trust and deceive crypto users worldwide online. Blockchain trails reportedly showed more than 120 transactions involving U.S.-sanctioned entities linked to drug networks. The report said the group used Japanese internet domains and a fake “Zksync.jp” token to deceive crypto users worldwide. Nikkei said losses reached hundreds of millions of yen, or…

Cardano founder Charles Hoskinson has defended recent AI content tests after users criticized an AI-generated post shared through Input Output’s X account.  Summary Hoskinson said AI agents could help Cardano scale updates, community tasks and Midnight City activity. Midnight City uses autonomous agents to test privacy views for users, auditors and regulators alike. The debate followed backlash over AI-generated influencer content shared through Input Output’s X account recently. The discussion followed his June 20 post titled “AI Slop, IOG X, and the Future of Marketing,” where he addressed how the team is testing new tools for communication. Hoskinson said the…

Bitcoin recovered above $64,000 over the weekend after Friday’s drop below $62,400, but the wider crypto market still showed limited momentum.  Summary Bitcoin reclaimed $64K after Friday’s pullback, but the wider market still showed limited weekend momentum. LAB and AERO led altcoin gains, while Ethereum, XRP and HYPE showed weaker momentum Sunday. ETF outflows and Hormuz risk kept Bitcoin traders focused on $62K support and $67K resistance. According to crypto.news market data, Bitcoin traded near $64,166 at press time, up 0.77% over 24 hours. The move came as traders watched U.S.-Iran ceasefire talks, renewed Strait of Hormuz risk and continued…

MainStreet Finance-linked MSUSD traded far below its intended dollar peg after a rapid sell-off tied to reserve-verification concerns.  Summary MSUSD traded near $0.378 on CoinGecko after falling far below its intended dollar peg. PeckShield said the Morpho msY/USDC market reached 100% utilization as liquidity concerns spread quickly online. MainStreet said assets remain fully backed, citing a third-party proof-of-reserves dashboard shutdown as cause publicly. Main Street USD traded at $0.3781 at the time of writing, with a 24-hour range between $0.065 and $0.9995. The move followed Accountable’s decision to end its service agreement with MainStreet. The verification firm said MainStreet was…

Ripple is expanding its artificial intelligence focus as the XRP Ledger adds support for AI agent payments using XRP and Ripple USD.  Summary Ripple launched XRPL Starter Kit so agents can pay using XRP and RLUSD through x402. Crypto.news noted USDC still dominates x402 activity despite Ripple’s push into machine payments for now. Ripple’s GenAI role points to internal work on agentic systems, security controls and tooling platforms. The move follows the launch of the XRPL AI Starter Kit, a developer package for autonomous payment workflows. The latest report also points to Ripple’s search for a Staff Software Engineer, GenAI…

Ethereum co-founder Joseph Lubin defended Vitalik Buterin after some community members questioned Buterin’s decision to write a science-fiction novel focused on decentralized governance. Summary Joseph Lubin called Vitalik Buterin Ethereum’s key steward while defending his governance fiction project publicly. Crypto.news earlier reported Buterin paused regular essays to write science fiction about decentralized governance online. The debate comes as Ethereum faces price pressure and renewed questions over Foundation direction online. Lubin called Buterin “an enormously effective communicator” and described him as “the most important contributor to and steward of the Ethereum ecosystem.” His comments came after online debate over whether the…

A preferred stock that was supposed to behave like a steady, high-yield bond fell to 82 cents on the dollar in a single session. The issuer says it was a leverage flush, not a credit problem. Either way, the new world of Bitcoin-backed “digital credit” just met its first stress test. Summary STRC and SATA showed that Bitcoin-backed preferred stocks can trade violently under stress. Issuers blamed the selloff on forced deleveraging, not credit deterioration. The episode exposed thin liquidity, leverage, and Bitcoin volatility inside digital credit. High yields in these products compensate investors for risks that are now visible.…

Every bullish signal is in place. Exchange supply is draining, whales are accumulating, ETF money is trickling in, and a landmark law sits on the Senate floor. And still XRP keeps losing support and failing at the same ceiling. Here is why the chart is winning the argument. Summary XRP lost $1.15 on heavy volume and failed to reclaim it into the close. The $1.25 descending trendline remains the level that keeps rejecting rallies. Bullish fundamentals are real, but the market is not rewarding them yet. A decisive trendline break is needed before the chart confirms the story. XRP broke…