Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

CoinMarketCap security teams detected and removed a malicious “Verify Wallet” popup within hours of its deployment on the leading crypto price-tracking site. The phishing scam prompted users to connect wallets and approve ERC-20 token transactions, risking private key exposure. CoinMarketCap’s official X account confirmed the removal of the malicious code and announced a full security investigation is underway. Major wallet extensions MetaMask and Phantom flagged the site as unsafe, alerting users to avoid interaction. No funds were reported lost. This incident echoes CoinMarketCap’s October 2021 data breach, which exposed over 3.1 million email addresses, underscoring persistent crypto cybersecurity challenges. Traders are advised to verify site authenticity, avoid unsolicited wallet prompts, and monitor CoinMarketCap security updates for potential market impacts.

Arizona’s Senate approved HB2324 by a 16-14 vote, advancing the creation of a State Bitcoin Reserve Fund. The bill updates digital asset forfeiture laws, allowing the State Treasurer to hold seized cryptocurrencies—chiefly BTC—in state-approved wallets, sell them via licensed exchanges, or retain them in native form. Sales proceeds first replenish the Anti-Racketeering Revolving Fund up to $300,000; excess funds split 50% back to that fund, 25% to the General Fund, and 25% to the new Bitcoin Reserve Fund. This move follows the earlier HB2749, which treated unclaimed crypto as unclaimed property, and contrasts with a vetoed predecessor that proposed direct BTC investments. If the House approves, Arizona will become one of the first states to formalize a Bitcoin Reserve Fund, potentially influencing digital asset forfeiture policy and market sentiment.

The U.S. Securities and Exchange Commission (SEC) is poised to greenlight a wave of spot crypto ETFs, with approval odds for major altcoin funds now exceeding 90%. Bloomberg analysts cite strong regulatory engagement around 19b-4 filings and S-1 amendments, coupled with the success of Bitcoin and Ethereum futures ETFs, as key drivers. Institutional giants such as BlackRock, Grayscale, Fidelity and Franklin Templeton have filed applications, reflecting heightened investor interest. Dogecoin’s spot ETF approval probability is forecast at 95% by year-end 2025, while Litecoin, Solana, XRP, Cardano, Polkadot, Hedera and Avalanche each stand at 90–95%. Only SUI lags with a 60% chance, due to regulatory uncertainties and lack of futures markets. Market platforms like Polymarket mirror this optimism, predicting a 98% chance for XRP and 91% for Solana ETFs this year. These developments mark a pivotal regulatory shift likely to boost liquidity, widen investor access and drive innovation in the spot crypto ETF space. Traders should monitor approval timelines and application amendments for trading opportunities in altcoin ETFs.

An unidentified whale placed a $255 million, 20× leveraged long on Bitcoin (BTC) around $104,000, triggering over $106 million in sell-side liquidity and liquidating short positions across exchanges. BTC/USD rose 1.7%, peaking at $106,500. Similar whale-driven leverage trades in May and June have repeatedly driven BTC price swings. Traders now focus on a decisive breakout from the $100,000–$110,000 range, with key levels at a weekly close above $104,500 for bullish confirmation and resistance near $110,000. Market participants remain cautious about the sustainability of this leveraged move and monitor order-book liquidity and range sweeps before adjusting exposure.

Semler Scientific, a Santa Clara–based biotech SPAC, plans to build a 105,000-BTC treasury by end-2027. Since May 2024 the firm has steadily accumulated Bitcoin, including a 3,000-BTC purchase in Q1 2024 and 871 BTC in February 2025. It currently holds over $468 million worth of BTC at an average price of $92,158, ranking it fourth among U.S. corporate Bitcoin treasuries. CEO Kristjan Peurst outlined a phased acquisition strategy that adjusts monthly buy allocations based on market price and volatility. Semler will fund Bitcoin purchases through convertible debt, equity offerings and operating cash flow while keeping its debt-to-treasury ratio below 20%. The company targets 10,000 BTC by end-2025 and expects Bitcoin’s growing adoption as a store of value to strengthen its balance sheet and returns. Semler’s move reinforces institutional confidence in Bitcoin and may prompt other mid-cap firms to adopt similar corporate Bitcoin strategies.

MAGACOIN FINANCE has become 2025’s fastest-growing crypto presale, drawing strategic investors with its fixed 170 billion token supply, full HashEx audit and a 100% PATRIOTS100X bonus. Meanwhile, Ethereum (ETH) holds between $2,750 and $3,300 amid institutional optimism for an ETH spot ETF and expanding DeFi adoption—but many traders believe ETH’s upside is priced in and are rotating into smaller-cap, higher-ROI projects. Key altcoins show mixed momentum: Polygon (MATIC) trades at $0.23–$0.24, Chainlink (LINK) at $15.80–$16.50 awaiting a breakout above $17.45, Polkadot (DOT) edges toward $6.00, and Uniswap (UNI) consolidates after peaking at $8.40. Injective (INJ) retains solid DeFi integrations but lacks fresh catalysts, while Bitcoin Cash (BCH) rallies fade without new innovations. MAGACOIN FINANCE’s viral branding, transparent tokenomics and early staking rewards reduce sell-pressure and position it as a new momentum play for traders seeking aggressive upside beyond Ethereum.

Semler Scientific, a U.S. medical device firm and the second publicly traded company to adopt a Bitcoin treasury strategy, plans to accumulate up to 105,000 BTC by mid-2027. Having held 4,449 BTC since May 2024, the company targets 10,000 BTC by year-end and will execute phased dollar-cost-averaging buys over 24–30 months to hedge inflation and diversify its balance sheet. Semler has engaged Galaxy Digital as its crypto partner and will report quarterly Bitcoin holdings. The move underscores growing institutional adoption of Bitcoin—AIMA and PwC data show 47% of hedge funds now hold crypto, up from 29% in 2023—and reflects a contrarian bet that could pay off if mainstream skepticism wanes.

XRP has surged over 300% since November 2024, holding above $2 within a tight $2.06–$2.34 range as bulls take substantial profits. On-chain data shows whale wallets added 260 million XRP and mid-tier holders bought over 100 million in the past 30 days. Institutional inflows into XRP funds reached $11 million last week and $206 million year-to-date—the highest among altcoins. Recent developments include the launch of spot XRP ETFs in Canada, SEC public comments on US ETF proposals, and Ripple’s partnerships in stablecoins and regulatory outreach. Traders are eyeing the SEC v. Ripple ruling expected August 2025, which could remove legal uncertainty and accelerate adoption. Key technical levels: support at $2 and resistance at $2.25–$2.34, with targets of $2.65 in the short term and $3.40 by Q3.

Federal Reserve Governor Christopher Waller signaled on CNBC that the Fed is considering interest rate cuts as soon as the July 29–30 FOMC meeting, citing easing inflation pressures and the need to act before any labor-market slowdown. Despite holding the benchmark rate at 4.25%–4.5% for a fourth straight pause, Fed policymakers remain divided: the dot plot shows seven officials expecting no cuts in 2025, two seeing one cut, and ten projecting two or more. Market odds for a July cut remain low at around 10%, according to CME FedWatch. President Trump’s calls for at least two percentage points of rate cuts to bolster growth contrast with Waller’s gradual, data-driven approach. Fed Chair Jerome Powell noted that recent tariffs have pushed May inflation to 2.4% but views this effect as a one-off price level change. For crypto traders, earlier interest rate cuts could weaken the dollar and trigger bullish momentum in digital assets, though timing and pace will depend on incoming data and Fed consensus.

A major Ethereum whale (0x7055) has again leveraged DeFi borrowing to increase its ETH holdings. Four hours ago, the whale borrowed $10 million USDC from Aave and used it to purchase 4,170 ETH at an average price of $2,400 per token. This follows a $86.79 million USDC acquisition on June 12, when the whale bought 31,458 ETH at around $2,759 each. The repeated strategy of borrowing USDC highlights the trader’s bullish outlook on ETH and willingness to use DeFi protocols to amplify buying power. Such large-scale whale moves can signal growing market confidence but may also increase short-term volatility in the ETH market as leveraged positions adjust to price swings.

Dogecoin (DOGE) has completed its Wave 2 correction, according to TradingView analyst HodlAhmad’s Elliott Wave count, which identified a WXY pattern and ABCDE triangle. He forecasts the start of Wave 3 with targets at $1.99 (2.618 Fibonacci) and $2.72 (3.618 Fibonacci), recommending an entry zone between $0.154–$0.172 and a $0.110 stop loss for a 32:1 risk-reward setup. Meanwhile, price action around $0.17 remains muted, with 24-hour gains of just 1% and a 30% drop in volume to $678 million. Crypto analyst Ali spots a symmetrical triangle since early 2024, set to resolve by mid-2025. A daily close above $0.22 could trigger a 60% breakout toward $0.35–$0.36, while a breach below $0.16 risks a sell-off to $0.10. Digital Coin Price adds a year-end peak forecast of $0.37 and a retest of $0.74. Traders should watch DOGE price, volume confirmation, Fibonacci levels and triangle trendlines to position for potential rallies.

Ethereum’s upcoming scalability upgrade has reignited DeFi and staking interest, driving traders toward high-potential altcoins—led by MAGACOIN FINANCE. Currently in presale at under $0.01, MAGA boasts transparent tokenomics, a completed HashEx audit, competitive staking incentives and a PATRIOTS100X bonus code for early buyers. Analysts project exponential upside once listings begin. Meanwhile, Ethereum (ETH) trades near $2,800 with forecasts of $3,400–$3,800 as institutional inflows accelerate. XRP consolidates around $0.54 ahead of a critical Ripple vs. SEC ruling and ETF speculation. TRON (TRX) holds above $0.28, eyeing $0.31 by month’s end, while Sei (SEI) has surged 23% to $0.56 on rising developer adoption of its high-performance DeFi platform. Established altcoins like Polygon (MATIC), VeChain (VET), Injective (INJ) and Polkadot (DOT) maintain use cases but lack fresh momentum. With major caps consolidating, MAGACOIN FINANCE’s structured tokenomics and staking-led demand position it as a high-reward play for traders seeking asymmetric returns.

Coinbase has obtained one of the first Markets in Crypto-Assets (MiCA) licenses from Luxembourg’s financial regulator (CSSF) and established a new European headquarters in Luxembourg City. Under MiCA rules, the exchange can now offer fully regulated crypto trading, custody and staking services across all 27 EU member states. The firm plans to roll out fiat on-ramps, stablecoin transactions and other services by mid-2024. This move reduces legal uncertainty, boosts institutional and retail investor confidence, and positions Coinbase to serve about 450 million EU users. Enhanced regulatory clarity is expected to strengthen Coinbase’s market share and drive wider adoption of its products in Europe.

Ruvi AI (RUVI) has raised over $1.9 million and sold 160 million tokens in its presale. Priced at $0.015 in Phase 2 and locked at $0.07 post-sale, the utility token delivers an instant 5× gain. Analysts now favor Ruvi AI over Dogecoin (DOGE) for the upcoming bull run, forecasting a potential 13,500% ROI as RUVI could reach $1 after listing. VIP tiers offer bonuses up to 100%, boosting token allocations for larger contributors. Security is ensured through a CyberScope audit and a post-sale liquidity partnership with WEEX Exchange. With real-world blockchain and AI applications in marketing, entertainment, and finance, Ruvi AI’s transparent model and structured growth make it a high-potential investment for crypto traders.

Bitcoin fell below the key $104,000 support level, trading around $103,910 before plunging from above $106,000 to under $103,000 during U.S. hours. The break of support reignited selling pressure as automated sell orders hit, dragging major altcoins lower. Ethereum’s ether (ETH) dropped 4.5% in 90 minutes, while Solana (SOL), Dogecoin (DOGE) and Cardano (ADA) slid 3–5% amid a surge in trading volume. According to CoinGlass, roughly $450 million in crypto derivatives were liquidated—over 85% from long positions. No single external catalyst emerged, though macro risks like the Israel–Iran conflict weigh on sentiment. Bitcoin remains range-bound between $100,000 and $110,000, underscoring heightened volatility. Traders are advised to employ risk management strategies and monitor on-chain metrics, support levels and global economic indicators to navigate potential further sell-offs.

Coinbase has obtained a Markets in Crypto-assets (MiCA) license from Luxembourg, allowing the exchange to passport its custodial wallet, trading, custody and staking services across all 30 European Economic Area countries. Luxembourg’s robust blockchain framework and recent legislative measures were key factors in choosing it as Coinbase’s European hub. As the fifth-largest crypto exchange by volume, Coinbase gains regulatory clarity ahead of MiCA’s full enforcement on June 30, 2024. The firm plans to expand product offerings, strengthen compliance processes and onboard new retail and institutional clients. Analysts say this move could boost customer confidence, drive trading volumes and set a benchmark for other exchanges seeking EU market access.

Ethereum price is consolidating between $2,400 support and $2,800 resistance after recent rallies, forming an ascending channel capped by the 200-day EMA and a February order block. Momentum indicators like the RSI remain neutral, while the 4-hour chart shows consolidation below the 0.5–0.618 Fibonacci zone ($2,600–$2,700). A break above $2,700–$2,800 could trigger a bullish move toward $3,000, whereas a drop below $2,400 risks sliding to $2,150. On-chain data confirm long-term accumulation: exchange reserves have fallen to 18.8 million ETH, stablecoin supply shifts and bridged netflows point to fresh capital inflows, and smart money (1K–10K ETH holders) continues to buy. Institutional reserves now exceed $3 billion across 38 entities, and ETH ETF inflows remain positive. A liquidation heatmap at $2,400 highlights potential for a short squeeze. Technical patterns—a descending triangle on ETH/BTC and an ascending triangle on ETH/USD—suggest a breakout that could propel Ethereum beyond $8,000, especially if SEC approval of ETH staking spurs further institutional demand.

Ethereum price is consolidating after a sharp May rally, trading between $2,520 and $2,560 before a potential breakout. Key support lies at $2,420, while immediate resistance is at $2,554. A decisive move above $2,600 on rising volume and an RSI push above 60 could trigger a rapid climb toward $2,800 and further Fibonacci extensions at $3,200 and $3,600. Technical indicators, including a looming golden cross of the 50-day and 200-day SMAs and a bounce off the 50-day EMA within a parallel channel, reinforce bullish momentum. Institutional investors are piling in: spot Ether ETFs attracted $860 million in June, led by $750 million from BlackRock. On-chain metrics also show new address creation rising to 800,000–1 million weekly. If Ethereum repeats its 50% May gain, it could reach around $3,750. Traders should watch the $2,550–$2,600 zone as a high-probability long entry; failure to hold $2,420 risks a drop toward $2,200.

Gate’s May 2025 Transparency Report confirms a surge in global trading activity and platform growth. The exchange ranked second worldwide in 24-hour spot trading volume and saw significant futures volume gains. User numbers topped 27 million. Gate Earn now manages $2 billion across 1,000 assets, while structured products cover 60 tokens. An oversubscribed PFVS Launchpad raised $656 million. Launchpool, HODLer Airdrop and CandyDrop awarded millions of USDT in rewards. Reserve assets reached $10.865 billion, with a coverage ratio of 128.57% (BTC at 137.69%). Gate secured a VARA Dubai VASP license and unified its brand under Gate.com with a new logo. Major marketing events in Dubai, Monaco and Milan, plus partnerships with Oracle Red Bull Racing and Inter Milan, boosted Web3 engagement. Educational programs via Gate Learn and Gate Research and a São Paulo animal welfare campaign underscore social responsibility. This comprehensive update highlights Gate’s strengthened market position, compliance progress and product innovation – key factors for crypto traders assessing platform stability and growth potential.

Bitcoin has traded steadily around $104,000 after peaking near $109,000, supported by balanced on-chain metrics and technical levels. CryptoQuant highlights a tight support zone between $94,000 and $97,900, defined by the 111-day and 200-day moving averages and short-term holders’ realized price. On-chain data show the seven-day moving average of realized profits below $1 billion and a declining new-supply-to-dormant-supply ratio since May, indicating limited profit-taking and cooling demand. Retail sentiment has turned bearish, with just 1.03 bullish comments per bearish one—the lowest since April—historically a contrarian buy signal. Together, these factors suggest consolidation near current levels and a potential rebound from the identified support zone.

Bitcoin is under bearish pressure as liquidity on major exchanges thins. Spot Bitcoin ETF inflows have plunged over 60% since April, while whale accumulation has fallen by 50%, pushing CryptoQuant’s Demand Momentum to all-time lows. On-chain metrics show that 38,000 BTC were sold into weak order books on Binance, Bybit, Coinbase, OKX and Kraken over three weeks. Persistent taker-side selling in perpetual futures echoes pre-$90K breakdown patterns. Analysts warn that failure to reclaim $108.5K could lead Bitcoin to test support at $96K–$98K and potentially dip into the $80K range. Institutional signals offer mixed context. Glassnode reports steady large transfers and rising derivatives volumes that now exceed spot trading by up to 16×. Semler Scientific plans to grow its holdings to 105,000 BTC by 2027. Santiment notes a rise in wallets holding 10+ BTC alongside a drop of 37,000 small addresses—a historical precursor to rebounds. Traders should weigh weakening retail demand against enduring “smart money” accumulation when positioning for short-term volatility or long-term trends.

Bitcoin (BTC) is forecast to hit $137,554 by June 2025, reinforcing its market leadership. Amid this momentum, MAGACOIN FINANCE has emerged as a top presale contender. The token features a capped 170 billion supply, audited code, transparent tokenomics and a PATRIOTS100X staking program. Early on-chain data show strong accumulation and low turnover among long-term holders, while rapid community growth has drawn retail and institutional interest. Other altcoins see mixed action: XRP trades near $0.54 ahead of the June 16 Ripple lawsuit verdict and ETF speculation; Polkadot (DOT) is up 16% at $7.56; Kaspa (KAS) remains range-bound around $0.082; Polygon (MATIC) awaits fresh catalysts; Ethereum (ETH) holds in range amid ETF talk; Aptos (APT) builds developer momentum; and Injective (INJ) retains DeFi utility but lags retail excitement. Traders should monitor on-chain metrics, staking yields and broader sentiment to time entries into MAGACOIN FINANCE and other altcoins.

South Korea’s Financial Services Commission (FSC) has submitted a roadmap to approve spot crypto ETFs in the second half of 2025 and introduce a regulatory framework for Korean won–based stablecoins by year-end 2025. The move reverses the FSC’s previous ban, which cited volatility and financial stability risks. Regulators launched a public consultation in July and will consider feedback through August, aiming to amend the Capital Markets Act and related enforcement decrees. Key proposals include stricter custody requirements, enhanced liquidity disclosures, and asset manager qualifications. Major local investors such as Mirae Asset, Samsung Asset, KB Asset, and Hana Financial have expressed readiness to file ETF licences. Approval of spot crypto ETFs—likely covering Bitcoin (BTC) and Ethereum (ETH)—could broaden market access, attract institutional and retail capital, increase liquidity, and reduce volatility in South Korea’s crypto market.

Bitcoin has traded in a tight $100,000–$110,000 range for nearly a month, even as U.S. spot BTC ETFs saw $5.14 billion of net inflows over 30 days. Futures metrics turned cautious: the annualized two-month Bitcoin futures premium fell below 4%—its lowest since March—and the 25% delta skew in BTC options climbed to 5%, signaling bearish sentiment. On Binance, both long and short positions built up, with short interest rising faster amid Middle East geopolitical tensions. The funding rate remains near neutral, indicating balanced bulls and bears. Technical analysis highlights a potential inverse head & shoulders on the 3-day chart, while on-chain NVT ratio warns of overvaluation. Traders anticipate a breakout—some targeting $150,000—if liquidity holds. At press time, Bitcoin trades at $105,940, up 1.1% in 24 hours.

Crypto insiders are quietly accumulating MAGACOIN FINANCE, the leading altcoin presale that has raised over $10 million in weeks. The project features a fully capped supply of 170 billion tokens, a 100% PATRIOTS100X bonus on entry, and a HashEx-audited, real-time staking platform. This combination of fixed supply and staking rewards has drawn traders reallocating profits from established Layer 1s—SOL, DOT, KAS and APT—toward MAGACOIN FINANCE’s early-stage momentum. With verified contracts and institutional-grade security, MAGACOIN FINANCE presents an asymmetric opportunity for aggressive portfolios seeking outsized gains when broader market attention arrives.

Thailand’s Securities and Exchange Commission (SEC) has opened a consultation on draft amendments to its digital asset framework, introducing new crypto token listing rules for local exchanges. Under the proposals, exchanges may list their own utility tokens or those issued by affiliates, provided they meet enhanced investor protection and market transparency standards. Key requirements include mandatory disclosure of individuals linked to listed tokens, automated alerts to detect market abuse, visual warning indicators for high-risk tokens, and a 90-day retroactive compliance window for existing listings. The consultation runs until July 21, 2025, after which the SEC will finalize the rules. These measures build on Thailand’s recent abolition of crypto capital gains tax and a five-year trading tax exemption, as well as plans to issue US$150 million in digital investment tokens this summer. By aligning Thailand’s crypto token listing rules with global best practices, the SEC aims to deter fraud, reduce information asymmetry and attract institutional investors, reinforcing the country’s position as a leading Southeast Asian digital finance hub.

Former President Donald Trump intensified his attack on Fed Chair Jerome Powell, calling him a “numbskull” and urging immediate interest rate cuts of 1–2%. Trump blamed Powell’s high-rate policy for up to $1 trillion in annual U.S. costs, dismissed lingering inflation worries, and hinted at firing Powell before his term ends. Meanwhile, Fed Governor Christopher Waller argued for a July rate cut as inflation eases, while other officials, including Mary Daly, prefer waiting until fall for more data. This split Fed rate cuts outlook adds uncertainty but signals potential liquidity boost. Crypto traders should watch for looser monetary policy—lower interest rates tend to drive risk-asset flows and could fuel bullish momentum in digital assets.

Bitcoin open interest in futures and options climbed to a record $96.2 billion, propelled by spot Bitcoin ETF launches and elevated speculative leverage—the Realized Cap Leverage Ratio is now in the top 10.8% of days since 2018. A shift to stablecoin-margined collateral, led by USDT, has helped cushion volatility. Binance Futures saw a record $1.7 trillion in May trading volume, boosting liquidity and engagement. However, open interest then fell by 3.5%, signifying a moderate reduction in leveraged positions rather than a full exit. BTC is trading around $105,910 within a $103,600 support and $109,300 resistance range, with 50-, 100- and 200-day SMAs sloping up. Macro headwinds—rising US Treasury yields, steady Fed rates and geopolitical tensions—are damping bullish momentum. Traders should monitor leverage metrics, collateral trends and technical breakouts: a move above $109,300 could reignite gains, while a drop below $103,600 risks testing the $95K–$98K zone.

The SEC is set to reclassify major altcoins—Litecoin (LTC), Solana (SOL), XRP (XRP), Dogecoin (DOGE) and Cardano (ADA)—as commodities under CFTC oversight. Bloomberg analysts Erich Balchunas and James Seyffart put the odds of new crypto ETF approvals above 90%, citing very positive SEC feedback. This commodity designation will streamline spot crypto ETF launches beyond Bitcoin, whose iShares Bitcoin Trust has amassed over $70 billion in assets. Ethereum ETFs have shown mixed results and cautious investor sentiment. Proposed XRP and Solana ETFs are currently under SEC review and may take several months to clear the “first-to-file” regulatory process. Traders should watch this shift closely, as clearer commodity classification and high ETF approval odds could trigger significant institutional inflows and reshape the US crypto ETF landscape.