Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Dogecoin recovered sharply after plunging nearly 9.5% to $0.19 on heavy institutional sell-offs, with peak volumes hitting 735 million. Late-session whale buying drew a 0.8% rebound above $0.1930. Over the week, DOGE climbed 14%, confirming $0.19 as new support and forming higher lows within a rising channel. Analysts say a weekly close above $0.213 could trigger a move toward $0.25. Technicals show price near the upper Bollinger Band and above the 20-day SMA, with RSI at 58. On-chain data from Glassnode reports 68,268 active addresses. Traders watch renewed Dogecoin volume above 400 million and reclaim of $0.198–$0.200 to validate a sustained uptrend. A drop below $0.19 would invalidate the bullish structure.

Bitcoin saw a surge in liquidations and heightened Bitcoin liquidation risk this week amid profit-taking and a major whale sell-off. Derivatives data showed $675.8 million wiped out in 24 hours, led by $333 million in BTC longs, $113 million in ETH and $36 million in XRP. The largest single liquidation was a $98.1 million BTC/USDT long on Binance. On July 15, a whale sale drove Bitcoin down to about $117,000, creating $829 million of long liquidation risk below 116,000 and potential $159 million of short liquidations above 118,000 on major CEXs. Elevated funding rates and cautious derivative flows reflect trader hesitancy despite ETF inflows and macro tailwinds. Analysts warn of a likely short-term pullback into the $105,000–$115,000 range before any push toward $150,000 by Q3. This spike in Bitcoin liquidation risk highlights the influence of large holders and concentrated liquidity zones on market stability.

Hungary updated its criminal code on July 1, imposing prison sentences for unauthorized crypto trading. These penalties target unauthorized crypto trading on unlicensed exchanges. Individuals face up to two years in prison for trades between HUF 5 million and 50 million, three years for HUF 50 million–500 million and five years for trades above HUF 500 million. Unlicensed service providers risk up to three years for transactions under HUF 50 million, up to five years for HUF 50 million–500 million and eight years for larger amounts. The Financial Supervisory Authority (SZTFH) has 60 days to issue a compliance framework. No guidelines are yet available, creating uncertainty among crypto firms. Fintech firm Revolut briefly paused Hungarian crypto services but has since restored withdrawals while pursuing an EU-wide license. Traders should monitor how these stricter rules may affect market access, liquidity and compliance strategies.

An inactive bitcoin whale that held coins since 2011 resumed activity on July 5, transferring 18,300 BTC (approx. $2.14 bn) to Galaxy Digital via OTC, following previous moves of 5,000 BTC in March and 3,157 BTC in June. Galaxy Digital distributed 2,000 BTC each to Binance and Bybit to reduce market impact. Despite concerns of profit-taking, bitcoin prices dipped only briefly below $117,000, reflecting strong market depth and institutional demand boosted by recent US ETF approvals. Traders should monitor Galaxy Digital’s OTC flows and on-chain metrics for signs of further large bitcoin whale transfers and potential volatility.

Cardano price has rallied from below $0.60 to around $0.735, reclaiming the 9- and 21-day EMAs. The crypto then broke the $0.7203 level, and more recently cleared key resistance at $0.78. This opens the path toward the next hurdles at $0.85 (April high) and the psychological $1.00 mark. Traders should watch Cardano price support at $0.72 and $0.75, and monitor momentum indicators like RSI and volume trends for confirmation. Analysts link the ADA breakout to Bitcoin’s surge and growing altcoin optimism, backed by institutional interest and ongoing network upgrades. The technical outlook remains constructive, and sustained momentum could even push ADA toward $1.20. Active monitoring of moving averages and resistance levels will help traders adjust positions according to market dynamics.

Solana’s tokenized assets have surged 140.6% year-to-date, reaching $418 million and capturing 3.9% of the global RWA tokenization market, making it the fourth-largest chain by market share behind Ethereum (58.4%), ZKSync Era (17.2%) and Aptos (4%). Top protocols Ondo’s USD yield fund and ONe’s institutional fund account for $277 million in tokenized real-world assets, while Ondo recorded $2.7 million in 24-hour cross-chain volume. Over the past 30 days, Solana generated $3.9 million in network revenue from RWA activities, compared to Ethereum’s $15.9 million. The broader RWA sector now exceeds $25 billion, growing 62.4% over six months. This growth in Solana tokenized assets is underpinned by the chain’s high throughput, minimal fees and robust developer community, signaling increased institutional adoption and liquidity that could boost SOL demand.

On July 11, a U.S. federal judge dismissed Dolce & Gabbana USA from a class-action over the DGFamily NFT project, ruling it was not the alter ego of the Italian parent, D&G S.R.L. Filed in May 2024 and amended in September, the lawsuit alleged the D&G brands abandoned the DGFamily NFT venture after selling some 5,000 digital “boxes” for 1.224 to 40 ETH (roughly $3,600 to $120,000), failed to deliver promised digital wearables, physical goods and event access, and held onto over $25 million of customer funds. With only D&G S.R.L. still facing litigation, the case now focuses on corporate liability. Traders should note that clear corporate separation may limit legal exposure in future NFT projects. The ruling is expected to have a neutral impact on the crypto market.

XRP rallied above $3 after the US SEC closed its enforcement action against Ripple, reducing legal uncertainty and igniting a 27% weekly gain. Tokenization trends and the upcoming Ethereum-compatible sidechain for smart contracts add to bullish momentum. Analyst The5Blairs predicts a 149,900% surge to $3,380 per XRP, based on rising transaction volumes and projected adoption. Standard Chartered also projects a year-end target of $5.50, citing potential XRP ETFs and stablecoin legislation. Institutional confidence grows with Ripple’s 1,700+ NDAs with banks, BNY Mellon’s stablecoin reserve partnership, and Hidden Road’s integration into DTCC’s platform. XRP’s efficiency in cross-border payments and real-world asset tokenization underpins long-term demand. Traders should consider these bullish drivers against market volatility and regulatory risks when adjusting positions in XRP.

pump.fun ICO sold out in just 12 minutes, raising over $500 million onchain and $100 million via centralized exchanges. More than 20,000 KYC-verified wallets participated, with a median buy-in of $400–$537. US investors were excluded amid regulatory uncertainty. Onchain data later revealed a whale funded 500 coordinated wallets—each loaded with $400 USDC and 0.05 SOL—to bypass Sybil resistance and amplify token allocations. This tactic echoes past memecoin launches and could skew future airdrops and bonuses. The Saturday offering alone outperformed all NYSE Saturday fundraises since 1952, underscoring crypto’s 24/7, global retail access. Parallels to Ethereum’s 2014 ICO suggest pump.fun may herald a more inclusive, flexible fundraising era. Traders should monitor wallet coordination and regulatory shifts when assessing upcoming ICOs and token launches.

Hyperliquid Strategies emerged from a reverse merger with Nasdaq-listed Sonnet BioTherapeutics, creating an $888 million crypto treasury. The public company now holds 12.6 million HYPE tokens and $305 million in cash. Backed by investors including Paradigm, Galaxy Digital and Pantera Capital, Hyperliquid Strategies leverages the Nasdaq listing to offer regulated stock exposure to digital assets. Bypassing an IPO, the merger repurposes Sonnet’s shell for a public crypto treasury model that bridges DeFi and traditional markets. Traders should monitor the HYPE token utility roadmap, regulatory developments and competitive landscape among public crypto investment vehicles. This deal highlights growing institutional acceptance of crypto treasuries and underscores bullish momentum for HYPE tokens.

Bitcoin surged past the $120,000 resistance to a new all-time high above $123,000 this week. Weekly RSI stands at 71 and ADX at 27, confirming a strong uptrend with the 50-week EMA above the 200-week EMA. Meanwhile, Bitcoin Cash (BCH) has held above $500, forming a higher low above the 21-day SMA and testing the 61.8% Fibonacci retracement. BCH now eyes the 1.618 Fibonacci extension at $567. Key resistance levels are $126,554 and $134,371 for Bitcoin, and $520, $540, $560 for BCH. Support zones lie near $115,575/$110,500 for BTC and $400/$380/$360 for BCH. Traders should watch for RSI divergence, ADX staying above 25, and SMA breaks to gauge momentum shifts. Overall, technical indicators for both Bitcoin and Bitcoin Cash point to further upside potential, making the outlook bullish for BTC and BCH.

Bitcoin recently surged past $120,000, boosting the value of Satoshi Nakamoto’s 1.096 million BTC holdings to roughly $132 billion. If prices climb to about $370,000, Nakamoto’s stake would top $405 billion, surpassing Elon Musk’s estimated net worth. Multiple models and Bitcoin price target analyses, including comparisons with gold’s historical market cap, project Bitcoin could reach $200,000–250,000 by year-end. Analysts also assign a 60% chance of a $133,000 peak by September, while other forecasts envisage a ceiling near $400,000. Nakamoto’s unmoved coins since 2011 reinforce a long-term bullish narrative, driving Bitcoin price target discussions and signaling further trading opportunities.

Coinbase denies being the anonymous source for a recent Bloomberg report linking Binance’s smart contract coding to the USD1 stablecoin tied to Donald Trump’s World Liberty Financial and a presidential pardon bid for former Binance CEO Changpeng Zhao. The allegations were first raised by crypto commentator Matt Wallace on X, suggesting Coinbase aimed to curb Binance’s US re-entry over market share concerns. Coinbase denies cooperating with Bloomberg, with CLO Paul Grewal calling the story “pure misinformation.” Blockchain advisor Anndy Lian also criticized Bloomberg’s reliance on unnamed sources. Changpeng Zhao dismissed the report as a “hit piece,” retweeted Wallace’s post, and is weighing legal action. The episode has sparked debate over potential market manipulation and may draw regulatory scrutiny, though it has not yet moved major crypto prices.

Bitcoin’s price surged to new all-time highs, topping $120,000 on July 11 and exceeding $122,000 on July 14. The rally was powered by record institutional ETF inflows and a Crypto Fear & Greed Index reading of 74 alongside declining circulating supply. Major BTC ETFs logged a combined $1.029 billion inflow on July 11, led by BlackRock’s IBIT with $953 million. 42 companies added 61,309 BTC in June, while Michael Saylor’s Strategy resumed weekly purchases, boosting its holdings to 597,325 BTC. Ethereum consolidated near $2,980, supported by $204 million in ETH ETF inflows. Altcoins surged: HBAR jumped 27%, XLM rose 22% ahead of its v23.0.0rc2 upgrade, and ALGO climbed 29% on real-world asset integrations. Crypto presales are heating up as early-stage tokens like TOKEN6900 and Bitcoin Hyper attract whale-driven funding, exemplified by Pump.fun’s PUMP raising over $500 million in 12 minutes. Traders should monitor low-cap projects amid this liquidity-driven rally. US lawmakers also plan votes on the GENIUS Act, CLARITY Act and Anti-CBDC Surveillance State Act, which could bring regulatory clarity.

Spot Ethereum ETFs recorded a record $908 million in net inflows last week, marking a ninth consecutive week of growth. Assets under management have reached $13.5 billion, or 3.8% of ETH’s market cap. BlackRock’s iShares Ethereum Trust (ETHA) led with $675 million in inflows and has surpassed 2 million ETH in holdings, about 1.65% of the circulating supply. Fidelity’s ETF and Grayscale’s funds added $87 million, $73 million and $37 million respectively. Bitwise, VanEck, 21Shares and Franklin Templeton saw moderate inflows, while Invesco’s QETH saw outflows. ETHA’s NAV rose to $22.80 by Friday, up 17% from Monday’s $19.36, as trading volume surged and ETH approached $3,000. The shift of Ethereum ETF vehicles is tightening liquidity and underlining the growing role of Ethereum ETFs in market dynamics. Over 70 altcoin ETF applications, including for SOL, DOGE and XRP, are pending SEC review, highlighting broader institutional interest.

Bitcoin price has rallied nearly 9% over the past week, climbing to about $117,600 after breaking out from a tight $105K–$108K consolidation. A $1 billion short squeeze and over $1 billion in US spot Bitcoin ETF inflows fueled the advance. Analysts now highlight a critical resistance zone at $118.9K–$120K, with Joao Wedson’s Power Law model defining a $119,300 “Alpha Price” hurdle that must be cleared to unlock gains toward $143K–$146K. Meanwhile, CryptoCon’s 5.618 Fibonacci extension aligns with a longer-term cycle peak near $184,181. Traders eye $130K as the next consolidation level en route to these projected cycle highs.

President Donald Trump’s announcement of 30% tariffs on imports from the EU and Mexico has triggered heightened crypto market volatility and a swift Bitcoin rally. In the immediate aftermath, major tokens including Bitcoin (BTC), Ether (ETH), Solana (SOL) and Dogecoin (DOGE) dipped between 0.7% and 2%, while XRP (XRP) bucked the trend with a 1.8% gain. Stock futures fell and gold climbed 1.2% as investors shifted to safe-haven assets. Within 24 hours, Bitcoin surged from roughly $9,800 to $10,350, underscoring its appeal as an alternative asset amid escalating trade tensions. Analysts warn of continued volatility but note that these tariffs have reinforced Bitcoin’s emerging role as a hedge against geopolitical risk. Crypto traders are now eyeing new buying opportunities and watching whether sustained pressure on traditional markets can push Bitcoin through key resistance levels. Ongoing macro developments and regulatory clarity will shape longer-term trends.

Whale activity in Ethereum and XRP has reached multi-year highs, according to Santiment. Wallets holding over 10,000 ETH now control 75.74% of supply, while 2,743 wallets hold at least 1M XRP. This surge in whale activity has fueled a memecoin rally and revived altseason hopes, pushing meme coins up 4% with $14.2B in trading volume as DOGE +21%, SHIB +16%, PEPE and BONK +20%. Notable buys include 104,509 ETH (~$285M) and $97M in altcoins. Ethereum nears $3,000 amid bullish sentiment, but excessive optimism warns of a potential pullback. XRP bulls eye the $3 zone. Traders expect altseason momentum and watch if Bitcoin holds above $110,000 to sustain gains.

PUMP token presale kicked off this week, raising over 2 million USDC in hours. Early investors including ff.sol contributed 1M USDC to buy 10M tokens at $0.10. On-chain data reveals a later whale attempted to allocate 25M USDC across 29 addresses but only secured 5.15M USDC. The split strategy highlights fierce competition for token allocations. Following the PUMP token presale, DEX trading volume jumped 20%. PUMP will list next week with liquidity locked for six months. Traders should watch USDC whale movements ahead of listings, as they may signal volatility and allocation risks.

Bitcoin dominance has reached record highs, with nearly 0% of altcoins trading within 5% of their 252-day highs. Institutional inflows via spot Bitcoin ETFs, the upcoming halving event, macroeconomic uncertainty and Bitcoin’s first-mover advantage are driving the rally. Technical indicators show overbought conditions on the dominance chart, yet a break above 66% signals continued strength. Altcoins remain subdued as concentrated liquidity in BTC ETFs, reduced risk appetite and a lack of cohesive narrative delay altcoin season. However, upcoming spot ETF approvals for XRP, DOGE and SOL, along with potential U.S. Federal Reserve rate cuts, may redirect capital toward large-cap altcoins and ignite the next altcoin season. Historical bull cycles in 2017 and 2021 saw Bitcoin peaks followed by explosive altcoin rallies. Traders should watch key Fibonacci levels, ETF catalysts and technical breakdowns. Strategic rebalancing—taking profits from Bitcoin and reallocating to high-quality altcoins such as ETH and SOL, combined with dollar-cost averaging—can capture gains when altcoin season commences. Sector-specific themes in AI, DePIN and real-world asset tokenization, alongside regulatory developments and protocol upgrades, will shape the next phase of the crypto market rally.

Tether has progressively scaled back USDT support on low–volume chains to streamline liquidity and boost scalability. In 2023, it halted minting on Bitcoin Cash (BCH) and Algorand (ALGO) and stopped on-chain redemptions on those networks on July 31, 2024. Now, Tether will terminate USDT support on five legacy blockchains—ALGO, EOS, BCH, Kusama (KSM) and Omni (OMNI)—effective September 1, 2025. After that date, redemptions end and remaining USDT balances on these chains will be frozen. Traders should migrate USDT to high-utility networks such as Ethereum (ETH), Tron (TRX), Solana (SOL), BNB Chain (BNB) or layer-2 solutions to maintain liquidity. With nearly $160 billion in circulation, Tether’s strategic shift reduces cross-chain fragmentation, lowers transaction costs, speeds up settlements and ensures efficient institutional redemptions amid growing regulatory scrutiny.

Ethereum ETF inflows reached a combined $703 million this week, the third-largest since U.S. spot products launched in July 2024. BlackRock’s iShares Ethereum Trust (ETHA) led with a record $300 million single-day net inflow, boosting its assets under management to $5.6 billion. A Fineqia report shows assets under management for ether-backed exchange-traded products rose 61% faster than ETH’s market capitalization in Q2. The surge in spot ETF net inflows drove ether prices back above $3,000, a four-month high. Ethereum ETF inflows have now outpaced ETH price gains since late April, underscoring sustained institutional interest in regulated digital assets. Traders may interpret these flows as a bullish signal. Tightening supply and rising AUM could fuel further short-term price momentum and bolster long-term adoption.

Crypto analysts Javon Marks and trader DonAlt set bullish XRP price targets at $9.63 and $7, citing ETF developments, technical setups and on-chain data as key catalysts. XRP’s recent surge saw its price touch $2.97 and market cap top $166 billion, surpassing Tether. Marks highlights accumulation ranges and bullish Fibonacci extensions ahead of the ProShares XRP futures ETF launch. DonAlt points to strong breakout momentum supported by network growth and retail interest. As XRP price target milestones approach, traders should watch spot ETF inflows, Fibonacci levels and volatility risks when positioning for potential rallies.

Bitcoin’s surge past $117,000 to new all-time highs has triggered massive liquidations and margin calls. One trader saw his $28,000 short wiped out in under 12 hours, while a BTC whale holding a $133 million short injected $8.5 million in USDC within 30 minutes to avert liquidation, despite carrying an unrealized $11 million loss and a $123,691 liquidation threshold. This maneuver highlights whales’ risk management amid volatile rallies and raises the prospect of a short squeeze. Traders should watch open interest and on-chain flows for further signals.

xAI has launched Grok 4, a multimodal AI model that achieves PhD-level performance in math, physics and engineering tasks. Grok 4 identifies ambiguities and offers multiple interpretations. In benchmark tests, Grok 4 scored 25.4% on Humanity’s Last Exam and 16.2% on the ARC-AGI-2 puzzle test, outperforming Google Gemini 2.5 Pro and OpenAI O3. Alongside the Grok 4 release via API, xAI is training its next-generation Grok 7 to enhance visual capabilities, with completion expected within weeks. Founder Elon Musk predicts Grok 7 could discover new technologies and new physics by year-end. He plans real-world testing through Tesla’s Optimus robots and integration into Tesla cars in the coming weeks. xAI has secured $10 billion in fresh capital and a $300 million deal to integrate Grok into Telegram. It also plans to launch a fast coding AI model soon. For developers, the $300/month SuperGrok Heavy plan offers higher usage limits, AI video generation, DeepSearch, Grok Studio, Big Brain and priority support. Crypto traders should watch xAI’s AI model release. While Grok 4 and Grok 7 advances may boost tech sectors, direct effects on cryptocurrency markets remain limited. Attention to Telegram integration could signal broader API adoption in blockchain-based messaging.

An unknown whale moved 25.49 M XRP (~$60 M) to Coinbase, sparking selling-pressure speculation. XRP has since consolidated above the $2.34 support and risen to $2.40 (+4.4% 24 h, +10.2% 7 d), with its market cap at $141.3 B as daily volume eased to $3.3 B. On-chain metrics show 6.61 M XRP holders and 2 743 wallets holding over 1 M XRP, while open interest climbs and volatility bands tighten. Technical analysis highlights bullish patterns—a symmetrical triangle, bull flag, and a recent inverse head-and-shoulders breakout above the $2.31–$2.33 neckline—pointing to Fibonacci targets at $2.456, $2.526, and $2.630, with $2.60 as the next key barrier. Meanwhile, Ripple’s RLUSD stablecoin capped a $500 M market cap in eight months, backed by BNY Mellon custody and integrations with Transak and OpenPayd, potentially boosting XRP’s long-term bullish case.

Bitcoin price has climbed above $110,000, driven by whale accumulation and retail selling. On-chain data shows large investors absorbed over 52,000 BTC since July, limiting supply and supporting market momentum. Price now trades near $111,000 with key support at $110,000 and immediate resistance at $112,000. Crypto analyst Xanrox warns this rebound may be a bull trap to shake out weak hands. He uses Elliott Wave theory to label the move as completed Wave 1 and a current Wave 2 ABC correction. Xanrox expects a 61.8% Fibonacci correction (retracement) to $102,909 and highlights an unfilled fair value gap between $102,000 and $104,000. Traders should monitor exchange flows, stop-loss liquidity and Fibonacci levels for precise entry points. A sustained hold above $110,000 could fuel further upside, while a drop below may target the $103,000 zone. Despite near-term bearish pressure, long-term trend remains bullish with a potential Wave 3 rally driving new all-time highs.

A federal judge has barred prosecutors from referencing a parallel case in the trial of Roman Storm, co-founder of the Tornado Cash mixing protocol. In pretrial hearings, the court ruled that evidence related to the 2022 OFAC sanctions on Tornado Cash is legally distinct and risks prejudicing the jury by conflating separate charges. Storm faces allegations of laundering cryptocurrency through Tornado Cash to evade sanctions. By limiting testimony to the specific charges at hand, the decision aims to ensure a fair trial and may set a precedent for future crypto compliance litigation. Traders should watch for similar rulings as they could influence regulatory pressure on privacy-focused mixers and impact market sentiment.

In late May, the TON Foundation announced a “stake-for-golden visa” scheme, suggesting Toncoin holders could secure a 10-year UAE Golden Visa through staking. Influential figures and traders reacted, pushing Toncoin prices briefly higher. However, TON CEO later clarified on X that no government-backed Toncoin Golden Visa exists. The scheme is a private pilot program run with a licensed blockchain partner. Formal visa approvals remain governed by UAE law and issued solely by federal bodies. The ICP, SCA and VARA publicly distanced themselves from any crypto-linked visa pathway. This episode underscores growing demand for real-world crypto use cases and the critical need for regulatory compliance. Toncoin continues exploring utility pathways, but the 10-year UAE Golden Visa is not yet a reality.