Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

US President Trump announced a 35% tariff on Canadian imports and plans for 15–20% levies on other trading partners. The Dow Jones and S&P 500 slid, while the Nasdaq held steady. In the bond market, the 10-year Treasury yield climbed past 4.40%, amid rising fiscal deficits. Fed Chair Jerome Powell’s unexpected departure fuelled monetary policy uncertainty. Stock market volatility collapsed, with the VIX dropping to 15.7. Despite macro headwinds, Bitcoin jumped over 4% to a new all-time high of $118,856, marking its third record in as many days. Major altcoins including Ethereum, XRP, Dogecoin and Cardano also rallied, posting double-digit gains. Crypto traders view the strong Bitcoin rally amid US trade tensions and yield spikes as a bullish signal.

Crypto inflows surged to a record $3.7 billion last week, the second-largest weekly total on record. Year-to-date inflows reached $22.7 billion, pushing total assets under management (AuM) to $211 billion. Bitcoin ETPs led the rally with $2.7 billion in net inflows, lifting Bitcoin’s AuM to $179.5 billion—54% of gold ETP holdings. Ethereum saw $990 million of crypto inflows in its 12th straight week of gains. Solana captured $92.6 million, Sui $3.5 million, while Cardano and multi-asset products added $0.5 million and $1.1 million respectively. XRP and Chainlink experienced outflows of $104 million and $0.5 million. U.S. investors accounted for the full $3.7 billion, with minor inflows from Switzerland, Canada and Australia. Germany led outflows at $85.7 million. Market observers highlight sustained institutional interest. Spot Bitcoin ETFs amassed over $2 billion. Perpetual funding rates climbed to nearly 30%, and open interest topped $43 billion. Despite subdued implied volatility, experts remain structurally bullish. They recommend buying on pullbacks rather than chasing the rally.

The U.S. House’s GENIUS Act establishes a clear regulatory framework for stablecoins, classifying issuers as financial institutions under the Bank Secrecy Act. It mandates 1:1 USD backing, annual audits, and robust AML/KYC controls. This stablecoin regulation has prompted banks like JPMorgan, Citigroup and Bank of America to explore or issue bank-backed tokens. Payment giants Visa, Mastercard and PayPal have already integrated regulated stablecoins, signaling broader institutional adoption. For Ripple, the GENIUS Act accelerates the launch of RLUSD, its XRPL-based stablecoin fully backed by USD and short-term Treasuries. Real-time, SWIFT-agnostic settlements on the XRP Ledger boost demand for XRP and position RLUSD/XRP as tools to globalize a digital dollar layer by tokenizing U.S. debt. Analysts predict this compliance framework will drive institutional flows into regulated assets. Tether’s USDT faces challenges under the new rules: its multi-asset reserves and lack of independent audits conflict with the 1:1 USD/Treasury requirement. Traders may shift capital toward transparent alternatives such as RLUSD and USDC. The GENIUS Act’s 18–36 month compliance window marks a turning point, heralding a new era of institutional-grade stablecoins and blockchain-based dollar tokens.

In July, the US House approved three major crypto bills: the Digital Asset Market Clarity (CLARITY) Act (294–134) clarifying SEC and CFTC jurisdiction and enforcing fund segregation; the GENIUS Act (308–122) requiring fully reserved stablecoins; and the Anti-CBDC Surveillance State Act (219–210) banning a Fed retail CBDC. These crypto bills advance regulatory clarity and market oversight. The GENIUS Act heads to President Trump, who may sign it and issue an order to allow 401(k) plans to invest in cryptocurrencies. He also nominated Eric Tung to the Ninth Circuit Court, a move praised for bolstering compliance certainty. Critics warn of potential systemic risks, so traders should monitor Senate review, NDAA incorporation, and executive actions to gauge market stability and capital flows.

BlackRock’s IBIT Bitcoin ETF has accumulated $80 billion in assets under management (AUM) in just 374 days, marking the fastest growth in ETF history. This surge underscores strong institutional demand for regulated Bitcoin investment vehicles, with pension funds, endowments and wealth managers attracted by its clear regulatory framework and BlackRock’s global distribution network. The inflows have boosted market liquidity and may establish a price floor for Bitcoin. With IBIT now among the world’s largest ETFs, analysts expect further launches from competitors and potential expansion to Ethereum spot ETFs. Traders should watch ongoing fund flows into IBIT and related Bitcoin ETFs, as sustained inflows could support short-term price gains and signal deeper long-term institutional adoption.

House Republicans launched Crypto Week to fast-track three key bills: the GENIUS Act for stablecoin oversight, the Digital Asset Market Clarity Act to define SEC and CFTC roles, and the Anti-CBDC Surveillance State Act to ban a Fed-backed digital dollar. A procedural vote stalled 196-223 when 13 Freedom Caucus members joined Democrats over the absence of an explicit CBDC ban. President Trump intervened, meeting dissenting lawmakers and securing their commitment to back a rules vote to revive Crypto Week’s agenda. With the Senate already approving the GENIUS Act, only a House vote now stands between these measures and the president’s desk. Traders should monitor passage outcomes closely, as faster stablecoin regulation and a CBDC ban could reshape market stability and compliance dynamics.

Bitcoin trimmed gains after nearly reaching $123,000 and entered a consolidation phase as traders took profits. Despite a 0.6% 24-hour rise, major altcoins like Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA) and Stellar (XLM) fell 2–3%. In contrast, XRP, SUI and Uniswap (UNI) led gains, with XRP climbing 2.5% to $2.91 near its $3 resistance. Analysts at Arca and researcher Will Clemente say the rally is still in its early stages, pointing to moderate altcoin open interest and rising but sub-par volumes. Legislative progress in Washington and growing institutional adoption underpin longer-term bullish momentum. Bitpanda’s Eric Demuth highlights sovereign debt concerns and Bitcoin’s path toward gold’s market cap. A decisive XRP breakout above $3 could spark a move to $4.80. Traders will watch whether XRP flips resistance into support and if Bitcoin’s consolidation sets the stage for another leg higher amid healthy fundamentals.

The House has passed the Clarity Act, a landmark bill to define US crypto regulation. The Clarity Act categorizes digital assets as securities, commodities or a new asset class. It assigns oversight: the SEC will regulate securities, while the CFTC handles commodities. The bill allows tokenized securities to list on qualifying blockchains without SEC registration, raising investor-protection concerns cited by Senator Elizabeth Warren and others. It also imposes market structure rules for exchanges, custodians and service providers to strengthen protections and curb fraud. Supporters, including former President Trump, expect Senate approval, while critics warn of reduced SEC safeguards and new CBDC provisions. Traders should monitor final amendments as compliance shifts and liquidity reallocations could impact tokenized-share trading and overall market stability.

Ethereum has rallied over 60% from its June low, surging past $3,425 on July 17 after the US House advanced the Crypto Genius Act, the Clarity Act and the Anti-CBDC Act. On-chain adoption hit record highs, with 152 million non-empty wallets, and ETH discussions account for 13.4% of crypto chatter. Technically, Ethereum broke an inverted head-and-shoulders neckline at $2,870 and invalidated an ascending wedge resistance at $3,000. Crypto analyst Kaleo predicts a “god candle” breakout could drive ETH above $4,000 in days, targeting the low $4,000s with key resistance at $3,344 (0.618 Fib). Market optimism, bolstered by Bitcoin’s rally and Founders Fund’s stake in Bitmine Immersion Technologies, adds momentum. Traders should watch for sustained support above $3,000 and manage risk as RSI signals overbought conditions and potential short-term pullback.

BlackRock’s Ethereum ETF ETHA has reached over 2 million ETH holdings, about 1.65% of circulating supply, driven by record weekly inflows of $900 million. Over the past four months, U.S. spot Ethereum ETFs have netted $2.7 billion in inflows, lifting total AUM to $13.5 billion across providers. ETHA’s AUM now exceeds $5.5 billion, with shares climbing 17% to $22.80 amid heightened trading volumes. Institutional investors, including publicly traded BitMine, have boosted ETH accumulation, while Ethereum’s price broke above $3,000 for the first time since January 2025. Technical indicators like a MACD crossover project targets of $3,400 and $4,000, underscoring strong bullish momentum. Traders should monitor ongoing inflows into Ethereum ETFs, shifts in exchange liquidity, and market structure changes. The growing demand for regulated Ethereum ETFs is reducing available ETH supply on exchanges and likely supporting price stability and further gains.

Bitcoin surged from $112,000 to $116,500, triggering over $1.01 billion in short liquidations across crypto futures. BTC shorts accounted for nearly $570 million, while ETH shorts added $206.9 million. Total crypto market capitalization rose 4.4% to $3.63 trillion, and on-chain “accumulator” wallets now hold over 248,000 BTC. The Market Value to Realized Value (MVRV) ratio remains below 2.75, suggesting room for BTC to climb toward $130,900. However, $2.1 billion in long positions risk liquidation if BTC dips back to $112,000. In the following 24 hours, crypto futures liquidations reached $1.326 billion. Long positions accounted for the bulk of this volume as BTC and ETH price swings triggered margin calls. Analysts warn that elevated liquidation levels signal increased risk and short-term bearish pressure. A technical rebound may follow as traders rebuild positions. Market participants should monitor leverage ratios and key support levels to manage downside exposure, especially in the face of potential macroeconomic shocks or regulatory changes.

U.S. House advanced a package of crypto legislation to the final floor vote, marking a milestone in digital asset regulatory clarity. The legislation includes the FIT21 Act, defining cryptocurrencies as commodities under CFTC jurisdiction, and the Lummis-Gillibrand Stablecoin Transparency Act, imposing oversight on stablecoin issuers. Lawmakers also addressed tax reporting, custody rules, and consumer protections against fraud. Negotiations led by Representatives Hill, Waters, and House Speaker Mike Johnson alongside Senators Lummis and Gillibrand secured bipartisan support. The crypto legislation balances innovation with risk management and sets inter-agency coordination between the SEC and CFTC. Markets reacted positively. Bitcoin (BTC) and Ethereum (ETH) saw brief gains. Final passage could reshape U.S. blockchain policy, boost market confidence, and influence trading strategies.

On July 15, a long-dormant Bitcoin whale resumed activity, sending 20,000 BTC in seven transactions to Galaxy Digital between 09:30 and 13:30 UTC. Later, the same Bitcoin whale transferred an additional 5,360 BTC—worth roughly $198 million—to Galaxy’s OTC desk and cold wallets, bringing its cumulative deposits to $4.16 billion. Crypto traders view these on-chain BTC transfers as potential sell-side pressure signals, often preceding short-term price dips. The whale’s address, linked to early miner holdings, suggests strategic profit-taking amid Bitcoin’s recent rally above $122,000. Bitcoin has since retraced about 4.4% to $117,000, heightening market volatility. Traders will monitor order books and price movements closely as increased whale activity may test market resilience and shape near-term trading strategies.

Recent US crypto laws – the bipartisan GENIUS and Clarity acts – have clarified oversight, boosting Ethereum’s role in tokenized assets and stablecoins. Last week, Ethereum outperformed major assets with the ETH/BTC ratio up 27% and Bitcoin dominance down 6%. Derivatives open interest rose by $6 billion, while Ethereum ETPs saw $2.1 billion in inflows and SPAC deals added 400,000 ETH. Institutional demand surged as Bit Digital swapped all BTC for over 100,000 ETH, and firms like BTCS Inc., BitMine Immersion and SharpLink increased holdings. On-chain data shows 51 entities have staked 1.26% of Ethereum’s supply. The first Ethereum staking ETF is slated for Q3 2025 and could attract $20–30 billion annually at 3–4% yields. With 55% of tokenized assets and half of stablecoin market cap on its chain, Ethereum’s regulatory clarity and product innovation prospects point to continued bullish momentum.

BNB rose 5% daily and 13% weekly to reach an ATH of $801. Trading volume jumped 40% to $3 billion, while derivatives volume gained 31% and futures open interest climbed 19%. On-chain data shows a 25% rise in active addresses and a 40% spike in transaction volume on BNB Chain. Nano Labs purchased $90 million BNB OTC at an average price of $707, signaling strong institutional demand. Major firms announced plans to integrate BNB payments and deploy smart contracts, including a cloud services partnership. Technical indicators show BNB trading above its 20-day SMA, with the RSI at 87.5 and price above the upper Bollinger Band, suggesting overbought conditions and a potential pullback near $820 resistance. However, bullish momentum remains intact. Traders should monitor on-chain metrics, central bank signals, and key resistance levels for clues to BNB’s next move.

The US House has passed three landmark crypto regulation bills this week. First, the CLARITY Act (294–134) defines whether tokens fall under the SEC or CFTC, bringing digital asset market clarity. Second, the GENIUS Act (308–122), now law after President Trump’s July 18 signature, creates the first US regulatory framework for dollar-backed stablecoins—mandating full reserve backing, monthly audits, AML checks and consumer protections. Third, the Anti-CBDC Surveillance State Act (219–210) blocks the Federal Reserve from issuing a digital dollar. While the CLARITY and Anti-CBDC bills now head to the Senate, early market reaction was mixed: Bitcoin (BTC) stayed above $118,000 and Ethereum (ETH) hovered near $3,500. Traders should watch new stablecoin issuer approvals, reserve disclosures, Senate votes and pending rule-making for potential impacts on market structure, stablecoin compliance and the broader digital finance ecosystem.

Ethereum surged past $3,500 on July 18, triggering over $800 million in liquidations as it outperformed Bitcoin, broke its 200-day moving average and rebounded 100% from Q2 lows. Renewed institutional demand drove U.S.-listed spot Ethereum ETFs to a record $1.7 billion inflow—highest since December 2024—lifting ETH 9% to $3,642, with weekly and monthly gains of 22% and 43%, respectively, and boosting its market cap to $439 billion. Corporate treasury allocations added momentum, pushing the total crypto market cap above $4 trillion. Bitcoin traded above $120,000 (98% of supply in profit), while XRP hit a record $3.64 (market cap $207 billion), and major altcoins BNB and SOL also posted significant gains. Improved U.S. regulatory outlook has strengthened confidence, though analysts warn of a potential Bitcoin correction toward $108,000. Traders should monitor ongoing volatility and altcoin momentum for short-term opportunities.

XRP price surged 34% to around $2.95 after breaking a long-term descending channel on the 12-day chart, signaling a potential trend reversal. The XRP price momentum picked up further as the token climbed above key resistances at $3.00, $3.22 and $3.35 to reach a high of $3.66 on Kraken’s hourly chart. It remains above the 100-hour SMA and a bullish trend line near $3.45. Technical indicators confirm strong bullish momentum: the hourly MACD line crossed above its signal line and the RSI sits above 50. Immediate support levels are $3.45, $3.35 and $3.22, while resistance at $3.62 and $3.66 must be cleared for a push toward $3.75, $3.80 and ultimately the $4.00 zone. Traders should monitor volume trends, RSI and MACD signals for signs of continuation or potential retracement.

Vanguard has significantly increased its Bitcoin exposure with two major acquisitions. The firm bought over $800 million of ProShares Bitcoin Strategy ETF shares, gaining roughly a 15% stake in the Bitcoin ETF product. It also acquired a $3.5 billion, 12.3% holding in Grayscale Bitcoin Trust (GBTC). CEO Tim Buckley linked the shift to rising client demand for digital assets and the need for an inflation hedge. These Bitcoin ETF and trust purchases are likely to boost trading volumes, widen futures premiums, and improve market liquidity. Bitcoin climbed 3% after the GBTC announcement. Traders should monitor ongoing institutional flows, volatility trends in Bitcoin ETFs, and potential spot price gains.

Since July 11, traders have opened over $176M in leveraged ETH shorts on Hyperliquid. On July 11, a whale used 3.25M USDC to open a 25× short on 11,241 ETH (~$33M) with a liquidation threshold near $3,135. The next day, three major wallets placed additional 15× and 25× shorts on 48,458 ETH (~$143M). These large ETH shorts underscore growing bearish sentiment, elevated market volatility and the risk of rapid liquidations. Crypto traders should monitor whale activity, leverage levels and liquidation prices to manage risk in Ethereum derivatives markets.

Ripple CEO Brad Garlinghouse forecasts the stablecoin market will expand from $250 billion to $1–2 trillion within years. He highlighted profound growth as Ripple’s enterprise stablecoin RLUSD, launched late 2024, reached a $500 million market cap. The firm appointed BNY Mellon as RLUSD’s custodian, leveraging institutional expertise and regulatory compliance. Ripple has applied for an OCC bank charter and a Federal Reserve master account to bridge traditional finance and DeFi. Industry analysts at Apollo Capital and LVRG Research back a bullish outlook, citing Tether’s profitability and upcoming US regulatory clarity, including the GENIUS Act and crypto-friendly SEC policies, as drivers for stablecoin market expansion. Following these developments, XRP climbed 7% to a seven-week high of $2.42. Traders anticipate Ripple’s expanding ecosystem to boost liquidity and demand, underscoring the stablecoin market’s rapid rise and Ripple’s positioning in regulated digital assets.

Bitcoin is consolidating in a $116,000–$123,000 range after its record high near $123,000, supported by steady ETF inflows and robust demand. Mutuum Finance presale has raised over $12.9 million, with 85% of tokens sold at $0.03 and more than 13,900 investors joining. Phase 6 increases the price to $0.035, offering a 16.67% gain, while a planned listing at $0.06 promises up to 100% ROI for phase 5 buyers. Mutuum Finance also launched a $50,000 CertiK-certified bug bounty and a $100,000 token giveaway to boost security and engagement. Its hybrid peer-to-contract/peer-to-peer DeFi lending model delivers full asset ownership and aims to reduce volatility for lenders and borrowers.

Tokyo-listed Metaplanet has acquired an additional 797 Bitcoin (BTC) at an average price of $117,451, bringing its total holdings to 16,352 BTC—worth roughly $1.64 billion—and making it the world’s fifth-largest public Bitcoin treasury after surpassing Galaxy Digital. Since pivoting from hotel management in December 2024, Metaplanet has funded its aggressive Bitcoin buying strategy through zero-interest bonds and equity rights, and plans a $5 billion injection into its Florida unit to accelerate acquisitions. The firm targets 210,000 BTC by 2027 and intends to leverage its BTC assets to fund stable-income company deals. In Q2, Metaplanet reported ¥1.1 billion ($7.6 million) in income, up 42% year on year, while its stock rose about 1% to ¥1,596 after Bitcoin surged past $121,000—up 435.9% year-to-date—amid a spot ETF inflow of $2.7 billion last week, daily trading volumes above $60 billion and $86.1 billion in futures open interest. The move underscores growing institutional demand for Bitcoin as its market cap tops $2.4 trillion, overtaking tech giants like Amazon and Alphabet.

Ripple’s XRP has staged a two-phase rally driven by mounting optimism over its Securities and Exchange Commission (SEC) lawsuit and technical breakouts. Initially, XRP climbed about 10% toward $1 amid speculation that a mid-2024 summary judgment could clarify its status and trigger broader institutional adoption. Volume gains reflected renewed trader confidence but resistance at $0.90 and support at $0.70 defined early price action. More recently, XRP exploded above $3 with an $11.8 billion volume spike, outperforming Bitcoin and Ethereum’s weekly gains. It also broke out of a six-month falling wedge, targeting the 2.618 Fibonacci extension at $4.37, while weekly RSI and MACD indicators signal further upside. Key regulatory catalysts include an upcoming U.S. House vote on major crypto bills, the ISO20022 migration, and a potential spot ETF launch following the SEC case’s resolution. Traders should watch support at $2.66 and monitor court filings, ETF developments, and volume trends for timely entry and exit points as XRP positions for both short-term spikes and long-term growth toward $5.

Ethereum ETFs recorded a record weekly net inflow of $907.99 million. Data from SoSoValue shows July 9–11 accounted for over 80% of the total, led by a $383.10 million influx on July 10. BlackRock’s iShares Ethereum Trust (ETHA) drove the surge with a single-day inflow exceeding $300 million, bringing cumulative ETHA inflows to $629 million. Fidelity’s FETH and Grayscale’s ETH and ETHE products added $37.3 million, $20.7 million and $18.9 million, respectively. Thursday’s $204 million single-day inflow was the second-highest since July 2024. The inflows helped trigger a 17% ETH price rally, lifting ether above $3,000 for the first time in months. Analysts attribute the rally to improved regulatory clarity and rising institutional demand. By locking up tokens in ETFs, these inflows have reduced open-market supply and boosted buying pressure. BlackRock’s ETHA now holds over 2 million ETH, highlighting growing Wall Street interest. With Ethereum ETFs gaining ground on Bitcoin ETFs, traders are evaluating impacts on market liquidity, supply dynamics and long-term sentiment. Strong ETF net inflows suggest that 2025 could be a breakout year for ETH investment products.

US regulators have paused Bitwise’s conversion of its over-the-counter BITW fund into a spot crypto ETF, invoking Rule 431 for a full SEC Commission review hours after an initial clearance from the Division of Trading and Markets. The Bitwise 10 Crypto Index Fund ETF, designed to track the top ten digital assets (with about 90% exposure to Bitcoin (BTC) and Ethereum (ETH), alongside allocations in Solana (SOL), XRP (XRP) and Cardano (ADA)), now faces an uncertain listing timeline amid heightened scrutiny. This suspension echoes the recent halt on Grayscale’s GDLC ETF, underscoring regulatory uncertainty as the SEC seeks to refine its crypto ETF framework for investor protection and market integrity. Traders should brace for increased Bitcoin volatility and potential short-term ETF pricing and liquidity pressures, while keeping an eye on Bitwise’s resubmission and the SEC’s evolving stance, which will shape long-term institutional and retail access to regulated crypto ETF products.

Bullish, the Cayman Islands–based crypto exchange spun off from Block.one and backed by Peter Thiel, has filed for a NYSE IPO under ticker BLSH via an SEC Form F-1. Key investors include Nomura, Mike Novogratz, Founders Fund and Thiel Capital. Led by former NYSE president Tom Farley and underwritten by Jefferies with a 30-day green shoe option, the Bullish IPO aims to attract fresh capital and institutional investors. Since launch, Bullish has processed $1.25 trillion in trading volume, ending 2024 with $80 million in net income. Q1 2025 saw a $349 million loss on $80 million in digital-asset sales, versus a $105 million profit in Q1 2024. The platform holds $1.9 billion in liquid assets, including Bitcoin and stablecoins, and operates licensed subsidiaries across six jurisdictions, with custody and trading services in Hong Kong. The IPO follows a failed 2021 SPAC attempt and coincides with a wave of crypto listings—from Circle to Galaxy Digital and Gemini—underpinned by the GENIUS Act’s stablecoin protections. Traders should monitor how the NYSE IPO could boost liquidity, signal renewed institutional interest and pave the way for further digital-asset public listings.

President Trump signed the GENIUS Act on July 18, creating the first federal framework for stablecoin regulation. The law aims to enhance consumer protections, combat money laundering and draw institutional investors into blockchain and crypto markets. It sets clear requirements for asset backing, real-time trading and redemption. Bitwise Asset Management’s CIO Matt Hougan later challenged critics who compare modern stablecoins to the 19th-century US free-banking era. He noted that today’s stablecoins operate under strict stablecoin regulation, unlike the historically limited and unreliable banknotes. Hougan added that state-regulated tokens are capped at $10 billion and make up a small market share, while over 95% of stablecoins follow federal oversight requiring transparent asset management. He urged policymakers to rely on contemporary frameworks for stablecoin regulation and oversight.

Grayscale Investments has confidentially filed for an IPO with the U.S. SEC, leveraging SEC rules for secret filings to preserve strategic flexibility. The move follows its legal win transforming GBTC into a spot Bitcoin ETF and ETHE into an Ethereum ETF earlier this year. Although details on share count, valuation and listing date are undisclosed, the firm may issue common stock or convertible bonds. Grayscale now manages over $34 billion in assets, including GBTC. The confidential IPO aligns with pending U.S. crypto legislation—GENIUS, CLARITY and CBDC Anti-Surveillance State bills—which could clarify regulations and encourage more crypto listings. Circle’s NYSE debut at an $18.5 billion valuation and planned IPOs from OKX, Kraken, Gemini, BitGo, DCG, Anchorage, Uphold and Ledger signal a broader market trend. A successful Grayscale IPO is expected to boost Bitcoin ETF and Ethereum ETF demand, attract institutional capital and drive further crypto industry IPO waves.