Author: Kelvin Munene
Kelvin Munene
Kelvin Munene is a crypto and finance journalist with over 6 years of experience in market analysis and expert commentary. He holds a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University and is known for meticulous research in cryptocurrency, blockchain, and financial markets. His work has been featured in top publications including Coingape, Cryptobasic, MetaNews, Coinedition, and Coincentral. Kelvin specializes in uncovering emerging crypto trends and delivering data-driven analyses to help readers make informed decisions. Outside of work, he enjoys chess, traveling, and exploring new adventures.
Bitcoin and Ethereum options worth about $1.43 billion expire as BTC trades near the $62,000 support level. The smaller expiry may cause brief volatility, but geopolitical tensions, liquidations and wider risk-off sentiment remain the main market drivers. Bitcoin and Ethereum options worth about $1.43 billion expire on Friday, July 17, as crypto prices face renewed selling pressure. The settlement includes about 19,000 Bitcoin contracts valued at $1.2 billion and 123,000 Ethereum contracts worth $230 million. The event is smaller than major monthly and quarterly expiries, limiting its ability to drive a broad market move alone. Bitcoin Options Expiry Centers on…
Donald Trump urged the Senate to pass the CLARITY Act in tribute to Lindsey Graham. The bill seeks clearer U.S. crypto rules, but negotiations remain divided over ethics provisions and Trump’s crypto-related business interests. President Donald Trump has urged the Senate to approve the Digital Asset Market Clarity Act, linking the crypto bill to the memory of Senator Lindsey Graham. Graham died on July 11 at age 71 after an aortic dissection linked to cardiovascular disease. Trump wrote on Truth Social, “In honor of Senator Lindsey Graham, a big supporter, the U.S. Senate should pass the Clarity Act.” He also…
Bitcoin rebounds above $64,000 after softer U.S. inflation data improves demand for risk assets. Standard Chartered maintains its $100,000 forecast, while traders watch resistance near $65,000 to $67,000 for signs of a stronger recovery Bitcoin has recovered to about $64,600 after slipping below $60,000 earlier in July. The rebound follows softer U.S. inflation data and renewed demand across risk assets. Standard Chartered has kept its $100,000 year-end target, treating recent market pressure as temporary rather than a change in Bitcoin’s broader outlook. The bank’s call arrives as traders debate whether the recovery marks a lasting turn or another rally inside…
Robinhood Chain has overtaken Ethereum in 24-hour DEX volume less than two weeks after launch. Meme coin trading drove much of the activity, while the network also attracted stablecoins, tokenized stocks, and more than 65,000 users. Robinhood Chain has moved ahead of Ethereum in 24-hour decentralized exchange volume less than two weeks after its July 1 launch. The layer-2 network recorded about $811 million in DEX activity ranking third behind Solana and BNB Smart Chain. The rise has come from speculative trading, stablecoin inflows, and tokenized assets. DefiLlama, Dune, and Bernstein data shows meme coins lead activity, while Robinhood plans…
The stablecoin market has lost about $10 billion since its May peak, including a $7.7 billion decline in June. Most of the drop came from USDT and USDC, reducing available crypto market liquidity. Despite the pullback, the decline remains far smaller than the contraction recorded during the 2022 crypto downturn The stablecoin market recorded its steepest monthly dollar decline in four years as digital-asset liquidity weakened. Total market value fell by $7.7 billion in June, marking the largest drop since the Terra-Luna collapse in May 2022. The sector has now lost about $10 billion from its May peak. That equals…
Bitcoin faces renewed market uncertainty as geopolitical tensions between the U.S. and Iran, along with India’s crypto regulation concerns, weigh on sentiment. Meanwhile, returning Bitcoin ETF inflows provide short-term support as traders monitor inflation data and Federal Reserve policy signals. The cryptocurrency market faced fresh pressure this week as Bitcoin struggled to build on its brief move above $64,000. BTC traded near $64,127 on Friday, after touching an intraday low of $62,454, showing that buyers were still defending a key short-term range. The latest move came as traders weighed two major risks. The first was the renewed U.S.-Iran conflict, which…
Ripple has secured full MiCA authorization from Luxembourg’s financial regulator, allowing it to offer regulated crypto services across the European Economic Area. The approval follows the EU’s July 1 transition deadline and places Ripple among a smaller group of crypto firms with full CASP authorization under Europe’s new crypto rulebook Ripple has secured full authorization under the European Union’s Markets in Crypto-Assets Regulation, giving the company a clearer path to offer regulated crypto services across Europe. The blockchain payments company said Luxembourg’s financial regulator granted it a Crypto Asset Service Provider license. The approval completes Ripple’s MiCA compliance process and…
The CLARITY Act missed its July 4 target but remains active as Senate talks continue before the August 7 recess. Ethics rules tied to Trump’s crypto income, developer protections, and limited floor time remain key hurdles. The CLARITY Act missed the July 4 signing goal earlier floated by White House crypto adviser Patrick Witt, but the crypto market structure bill remains active in Congress. Lawmakers now face a tighter timeline before the Senate leaves Washington for its summer recess on August 7. The bill aims to set clearer rules for digital assets by defining when federal oversight falls under the…
X has launched X Money for eligible U.S. users, offering fiat payments, instant transfers, and banking features through Cross River Bank. Although crypto support has not been announced, the bank’s blockchain background has fueled speculation about possible future integration of XRP and stablecoin payments. Social media platform X has officially launched X Money for eligible users in the United States, expanding its financial services as part of Elon Musk’s long-term “everything app” strategy. While the platform currently focuses on traditional fiat payments, the rollout has renewed discussion about whether cryptocurrency payment options could follow in the future. Moreover, the service…
A CoinShares survey found that many European wealth advisors cannot see much of their clients’ cryptocurrency holdings due to restrictive firm policies. The report says MiCA implementation and wider access to regulated crypto investment products could improve digital asset oversight across Europe. European wealth managers are discovering that many clients already own digital assets, yet a large share of those holdings remains outside the advisory relationship. A new CoinShares survey found that internal company policies continue to limit advisors’ ability to discuss or manage cryptocurrency investments. The survey covered 261 wealth management professionals in France, Germany, Italy, Switzerland, and the…