Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Christie’s has officially launched a dedicated crypto real estate division to handle luxury property transactions in digital assets. The new team of crypto specialists, legal advisors and analysts supports deals executed solely in Bitcoin and other cryptocurrencies. The initiative follows a high-profile $65 million Bitcoin purchase of a Beverly Hills mansion. Christie’s also leverages its NFT auction platform and Ethereum-based payment systems. Over $1 billion worth of homes—from Los Angeles to Joshua Tree—are now listed for crypto payment. The firm is exploring crypto-backed mortgage financing and anticipates that cryptocurrencies will drive more than one-third of residential real estate transactions within five years. The US Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to include cryptocurrencies as reserve assets in mortgage risk assessments without converting them to dollars. This move cements Christie’s position at the forefront of crypto real estate adoption and signals broader institutional integration.

REX-Osprey launched its SEC-approved Solana Staking ETF on July 2, 2024, becoming the first U.S. crypto ETF to distribute 100% of SOL staking rewards directly to shareholders via JitoSOL integration. The fund uses liquid staking through JitoSOL to maintain continuous liquidity and native yield generation, reaching $222 million in trading volume and over $100 million in assets under management. CEO Greg King emphasized that no staking rewards are retained by the issuer. The ETF offers regulated brokerage access to Solana staking without private-key management and benefits from Jito’s MEV strategies, Solana’s high throughput, low fees, and Proof of History consensus. While this innovation may set a new standard for proof-of-stake asset ETFs and attract institutional interest, traders should consider risks such as market volatility, regulatory changes, variable staking yields, and smart contract vulnerabilities.

Ruvi AI (RUVI) has raised $2.5 million in its presale at $0.015 per token, selling over 200 million tokens and attracting 2,400+ holders. The presale’s smart contracts passed a CyberScope audit, and a partnership with WEEX Exchange secures post-listing liquidity. Analysts forecast RUVI will reach $0.07 by presale end—offering a nearly 5× return—and $1 after listing, implying a 66× ROI for early investors. Ruvi AI combines blockchain scalability with AI-driven marketing analytics, content creator payouts and low-fee cross-border payments. VIP investment tiers grant up to 100% bonus tokens, enhancing early-bird rewards. With its audited security, strategic exchange partnerships and diversified AI utilities, the Ruvi AI presale marks RUVI as a bullish opportunity for crypto traders.

BlackRock’s Ethereum ETF (ETHA) has hit $10 billion in assets under management (AUM) within a year of launch, becoming the third-fastest ETF ever to reach this milestone. The fund doubled from $5 billion to $10 billion in just 10 days, driven by strong institutional inflows and investor confidence in regulated crypto investment vehicles. This rapid growth underscores growing institutional demand for Ethereum ETF products and reflects Ethereum’s utility across DeFi, NFTs and smart contracts. BlackRock’s brand trust, compliance record and infrastructure have attracted both institutional and retail investors. As regulatory clarity improves, this milestone marks a shift toward mainstream acceptance of digital assets and could pave the way for more crypto ETF offerings.

XRP has plunged 11.6% over the past 24 hours to trade around $3.13, following profit-taking after its July peak at $3.65. The sell-off triggered over $18 billion in XRP liquidations, including $88.6 million wiped from XRP positions, as futures open interest surged to a record $10.98 billion. Market analyst EGRAG CRYPTO highlights $3.12 as a crucial Fibonacci support on the 4-hour chart; a bounce there could target the $4.16 1.21 extension, while a break below risks a drop to $3.00. Broader bearish signals from rising Bitcoin dominance and Ethereum’s divergence add pressure on altcoins. Traders should monitor the $3.12 level for signs of stability and the reclaim of $3.36 to signal the end of the correction.

Renzo Protocol has deposited 1,050 ETH (approximately $3.8 million) into the EigenLayer-backed Strategic ETH Reserve, marking it the 38th contributor. The move underlines Renzo Protocol’s long-term commitment to Ethereum restaking and network security. Through its liquid restaking token ezETH, users can restake ETH or liquid staking tokens, maintain liquidity, and earn diversified yields across multiple DeFi protocols. The Strategic ETH Reserve aggregates assets from leading protocols and institutions to bolster ecosystem stability. Renzo’s entry signals growing confidence in Ethereum restaking and may spur further DeFi integrations and yield expansion. Market response has been positive. Traders should monitor potential smart contract risks and slashing penalties.

XRP plunged 11% after the SEC froze approval of Bitwise’s XRP ETF between July 22–24, marking an XRP ETF freeze that triggered over $93M in long liquidations. The price tumbled from a record $3.65 high to $3.11 by the day’s close. This XRP ETF freeze halted $1.86B in BITW shares from migrating to regulated exchanges and also impacted Grayscale’s GDLC ETF. Market cap fell to $184.5B while 24-hour volume jumped 92.7% to $14.48B, reflecting heavy sell-offs. Active addresses dipped below 54,000 before recovering to 57,700, evidence of cautious user return. Technically, XRP broke below the 100-hour SMA at $3.45 and the 23.6% Fibonacci retracement at $3.28. Key support levels are $3.05 (38.2% Fib) and $2.85 (50% Fib), with resistance at $3.30 and $3.50. The RSI sits at 27.65 in oversold territory and the MACD confirms bearish momentum, though a short-term bounce could materialize if on-chain activity continues to recover.

PUMP Token plunged over 14% in 24 hours after founder Alon Cohen confirmed that its airdrop has no set timeline. The token, initially priced at $0.004 during its ICO and peaking at $0.0068 on July 16, now trades near $0.0031 following two private-sale wallets dumping 1.25 billion PUMP at $0.003 and realizing $1.19 million in losses. Major trader ‘Machi Big Brother’ Huang also posted $5.8 million in long-position losses as selling pressure mounted. On-chain data show PUMP remains below its 50- and 100-day EMAs, with the 1D RSI at 55 and the 3-hour MACD below its signal line. This whale dump and airdrop delay have intensified bearish momentum and spooked traders, signaling continued market volatility for Pump.Fun’s token.

XRP price prediction outlook has turned bullish after a recent 10% drop, as investors shift profits from Bitcoin into large-cap altcoins. Bitpanda deputy CEO Lukas Enzersdorfer-Konrad expects XRP to surpass its January 2018 all-time high of $3.84 if market volatility eases and Bitcoin dominance declines. Sustained momentum relies on capital rotation, regulatory clarity in Ripple’s SEC lawsuit, and macroeconomic factors like interest rates and inflation. Traders should monitor on-chain activity, funding flows, and altcoin rally signals, while using strategies such as dollar-cost averaging and portfolio diversification to manage risk. Overall, the XRP price prediction remains optimistic, supported by historical altcoin cycles and potential legal outcomes.

Former President Trump announced a sharp hike in global tariffs, raising them from 10% to between 15% and 50%. Japan agreed to cut its tariffs on US imports to 15% after pledging $55 billion in investments. Trade talks with the EU, South Korea and India continue ahead of an August 1 deadline. At the same briefing, Trump unveiled the US AI Action Plan, prioritizing government contracts for leading large language model developers, easing environmental approvals for data centres, and boosting power grid infrastructure. The plan aims to onshore AI chip manufacturing and invest in alternative energy, including nuclear fusion. Crypto traders should watch for volatility from supply chain disruptions and tighter data centre regulations, as well as potential benefits for onshore mining hardware production. Heightened tariffs may trigger retaliation and affect global markets. Stay alert for policy updates that could impact trading strategies and risk appetite.

Former President Donald Trump’s name appears in newly confirmed Jeffrey Epstein files, reigniting transparency debates. Initially labeled as “fake news” by the White House, Reuters and the Wall Street Journal later verified Trump’s inclusion in private jet logs and contact books from the 1990s. U.S. Attorney General Pam Bondi informed Trump of his listing in May. The administration’s decision to withhold parts of the Epstein files contradicts Trump’s previous campaign promises and has drawn backlash from his supporters. House Speaker Mike Johnson even proposed an early summer recess to sidestep legislative battles over Epstein file disclosures. A recent Reuters/Ipsos poll shows 66% of Americans believe critical information on Epstein’s network is still withheld. Political uncertainty around the Epstein files may trigger short-term market volatility, underscoring heightened political risk for crypto traders.

Ripple warns of a surge in XRP giveaway scams during the recent crypto market rally. Scammers are hijacking high-profile YouTube channels to post fake XRP giveaway promotions, tricking investors into sending funds to attacker wallets with promises of double rewards. CEO Brad Garlinghouse emphasizes that Ripple never asks for XRP transfers in genuine promotions. Ripple has taken legal action against YouTube over scam ads and works with the platform to remove fraudulent content. Security firm Scam Sniffer also flags Punycode phishing attacks that mimic crypto sites in search results. Traders should verify URLs, follow official channels, enable two-factor authentication, and inspect links carefully. As XRP approaches multi-year highs, phishing threats and XRP giveaway scams intensify, requiring heightened vigilance.

Pump.fun’s PUMP token has plunged over 50% since its $0.004 presale price. It briefly spiked to $0.0067 at launch but fell below its ICO price soon after. Private sale wallets dumped 1.25 billion PUMP at $0.00305, locking in $1.19 million in losses. Meanwhile, data from Lookonchain shows major backer Machi Big Brother continues to accumulate despite unrealized losses exceeding $5.8 million. Founder Alon Cohen confirmed the airdrop will go ahead, but it is not imminent. The team plans to publish the official schedule and rules soon. The delayed airdrop aims to reward long-term supporters and boost the Pump.fun ecosystem. Traders should watch for renewed interest and stay prepared for continued market volatility in PUMP token trading.

VERT Finance has issued its first Agribusiness Receivables Certificate (CRA) worth R$700 million (~$130 million) on the XRP Ledger. This marks a key step in Latin America’s real-world asset tokenization. The platform uses the XRP Ledger’s low transaction costs, fast settlement times and an XRPL EVM sidechain for Ethereum-compatible smart contracts. In phase one, VERT will tokenize $50 million in short-term private credit by Q3 2024, targeting $500 million of private credit on‐chain by year-end. Partnerships with compliance and custody specialists ensure regulatory compliance. With institutional RWA issuance on the XRP Ledger soaring from $5 million to $118 million in six months, traders should watch for increased XRP Ledger utility and potential demand upticks.

Altcoin Season Index has dropped to 41, reflecting Bitcoin Season dominance. The Altcoin Season Index measures performance of the top 100 altcoins against Bitcoin over 90 days, excluding stablecoins and wrapped tokens. A reading below 50 signals that Bitcoin outperforms most altcoins. Several factors drive this drop. Macroeconomic uncertainty spurs a flight to safety. Institutional inflows rise with the launch of spot Bitcoin ETFs. Traders also eye the upcoming Bitcoin halving and Bitcoin’s deeper liquidity. These trends concentrate capital in Bitcoin and strengthen its market lead. Crypto traders should adjust their strategies. Increase Bitcoin exposure through dollar-cost averaging. Review altcoin holdings, focusing on projects with solid fundamentals and liquidity. Staking and yield farming can generate yield when altcoins lag. Monitor potential catalysts for an altcoin resurgence. Look for Bitcoin price consolidation, major network upgrades such as Ethereum’s Dencun, improving macro conditions and rising retail participation.

Block’s inclusion in the S&P 500 marks the first major crypto-integrated firm to enter the benchmark. With 8,584 BTC (~$1 billion) on its balance sheet, Block is now the 13th largest corporate Bitcoin holder. Stock price gained nearly 14% in the first five trading days. Alongside Tesla and Coinbase, which also hold significant BTC reserves, Block’s S&P 500 slot raises total Bitcoin exposure in the index. The S&P 500’s $50 trillion market cap means ETFs tracking the benchmark now offer indirect crypto trading opportunities. This move is likely to attract institutional investors and ETF managers, boosting ETF flows into the index and increasing correlation between equity and crypto markets. Traders should watch for potential Bitcoin price rallies driven by renewed institutional demand and broader market acceptance.

Roman Storm, co-founder of Tornado Cash, is on trial in the Netherlands on US money laundering charges tied to the crypto mixer. Prosecutors allege he exercised direct control over Tornado Cash operations, citing blockchain forensics—server logs, emails, governance records—and transfer analyses from major exchanges like Crypto.com and Binance. Storm’s defense insists Tornado Cash is decentralized open-source software, challenging attribution methods and expert credentials, and plans to call medical witnesses, a Chainalysis expert, and a romance scam victim who claims her funds never entered the mixer. This landmark case tests DeFi compliance and mixer liability, with analysts warning of short-term ETH and privacy token volatility. In the long run, the verdict could reshape Ethereum-based service standards, driving clearer governance models and higher risk premiums for mixer platforms.

JPMorgan strategists have challenged forecasts projecting the stablecoin market to reach $2 trillion by 2028. They point out that the sector is currently valued at around $270 billion, with USDT and USDC commanding over 60% of market share. Analysts argue that payment infrastructure remains immature and that conservative cash management among both retail and institutional investors will likely limit demand, suggesting that the market may only double or triple over the next three years. This view contrasts with bullish projections from Standard Chartered and the US Treasury, which cite supportive measures such as the GENIUS Act. Despite CEO Jamie Dimon’s caution, JPMorgan is exploring stablecoin technology through a consortium with Bank of America, Citigroup and Wells Fargo, and has launched a pilot deposit token, JPMD, for institutional clients. Traders should monitor regulatory developments, infrastructure upgrades and adoption trends as key factors shaping stablecoin market growth and trading volume.

Crypto trader Hyper has reduced its Ethereum long position by $18.66M, later trimming an additional $5.98M from its Ethereum long position. The disciplined exits reflect advanced portfolio rebalancing and risk management amid rising market volatility. By cutting exposure, Hyper locks in gains and guards against downturns. Large-scale adjustments by leading investors can sway short-term Ethereum price and market sentiment. Traders should monitor these moves for trading signals, as dynamic risk controls often foreshadow further price action.

Japanese textile firm Kitabo Co., Ltd has launched a Bitcoin treasury strategy by allocating ¥800 million (US$5.4 million) to BTC via dollar-cost averaging. The move aims to stabilize finances after a ¥115.6 million net loss in fiscal 2024, hedge against yen devaluation and diversify treasury reserves. Funded through its fourth Series of Stock Acquisition Rights, Kitabo plans to deploy Bitcoin for cross-border partnerships, overseas services and generate yield by lending holdings on crypto platforms. This follows similar initiatives at Metaplanet and Nexon. Kitabo’s Bitcoin treasury strategy highlights growing corporate adoption in Japan. Traders should monitor potential Bitcoin demand spikes and price support, influencing both short-term trading and long-term value retention.

In the closing days of July, the crypto market faces three major US macro-policy events. The Federal Open Market Committee meets July 29–30, where dovish dissents and dot-plot shifts could hint at a September rate cut. Traders will watch Fed Governor Christopher Waller’s and Treasury Secretary Scott Bessent’s remarks. On July 30, the Treasury’s Q3 borrowing plan will lean on short-dated bills, potentially draining stablecoin liquidity. Trade policy uncertainty persists: reciprocal tariffs kick in August 1 unless renegotiated, and the Supreme Court hears a case on presidential tariff powers on July 31. These developments may test crypto market liquidity and heighten volatility. Technically, Ethereum (ETH) braces at the key $3,800 resistance with support around $3,605–$3,400, while Solana (SOL) tests $189 after peaking near $203 and risks dropping toward $177. Total crypto market capitalization stands at $3.81 trillion.

Quid Miner has launched its AI-powered mobile cloud mining app, offering users in over 180 countries a way to earn passive crypto income without hardware or technical setup. The app supports major assets including BTC, ETH, XRP, DOGE, LTC, USDT, SOL and BCH. It leverages AI-driven optimization to allocate hash rate across profitable pools and uses smart contracts for real-time payouts. Contracts start from $100, with durations ranging from a 2-day trial to 47-day high-yield plans. Daily returns vary from $4 to $165, enabling earnings up to $3,965 per day or $43,550 per month. New users receive a $15 welcome bonus and a $0.60 daily login reward. The platform is powered by renewable energy and secured by McAfee and Cloudflare. Since its debut, Quid Miner has reached 500,000 downloads within 30 days and holds a 4.8-star rating. Its mobile cloud mining solution simplifies digital asset earning, broadens market access, and may drive incremental adoption among retail investors.

BonkFun and LetsBonk have emerged as leading Solana launchpads, posting significant growth in platform fees, trading volume and user adoption while overtaking competitor Pump.fun. Over the past 24 hours, BonkFun saw core metrics jump 33.7% and platform fees hit $1.84 million, powered by its burn-to-earn model that allocates 50% of fees to buy and burn BONK tokens. BONK now trades at $0.000037 with a $2.96 billion market cap, and weekly revenue reached $9.6 million, outpacing Pump.fun’s $3.6 million. In the latest update, LetsBonk’s monthly trading volume rose 25%, attracting over 50,000 unique wallets as Pump.fun’s volume declined by 10%. These Solana launchpad platforms benefit from intuitive interfaces, minimal fees and seamless wallet integrations. Combined, they facilitated 160,000 token launches, generated $10.4 million in volume, and saw 1,500 tokens graduate to advanced stages. This intensifying competition underscores growing trader interest in Solana meme coin platforms and suggests continued bullish momentum for BONK and related projects.

ADA first broke out of a multi-month bull pennant on the 2-day chart, flipping $0.85 resistance into support and climbing over 15% to $0.8635. On the broader 2023 ascending channel, ADA’s structure has historically driven 200–300% rallies. Recently, ADA futures open interest fell from a record $1.7 billion to $1.53 billion, and options volume plunged 92.9%, triggering a 10.2% intraday drop to $0.82. The $0.75 support level—aligned with the 20-day Keltner Channel baseline and former resistance—now marks a critical line in the sand. Holding ADA above $0.75 could enable a retest of the $1.00 range, aided by its position above the 50-day moving average and a daily RSI near 63. A break below this level risks a slide toward $0.70. Meanwhile, ADA traders are adopting Best Wallet, a self-custody tool that offers $BEST token presales and gas fee optimizations. Passage of the US Genius and Clarity Acts further underlines regulatory clarity, potentially attracting larger capital inflows into ADA and the broader crypto market.

PEPETO presale has raised over $5.5 million, signaling strong demand for the Ethereum meme coin. The PEPETO presale, priced at $0.000000142 per token, accepts ETH, USDT and BNB. Proceeds will fund marketing, ecosystem development and liquidity ahead of a planned Tier-1 exchange listing in Q3. PEPETO features PepetoSwap, a zero-fee decentralized exchange, and a cross-chain bridge for fast, low-cost swaps. Its fully audited smart contract and viral frog narrative combine meme culture with robust technical infrastructure. Early participants benefit from deflationary tokenomics, staking rewards and exclusive ecosystem rights. By leveraging Ethereum’s security and Layer-2 scalability, PEPETO aims for rapid adoption and trading volume upon public launch.

Solana’s native token SOL has surged roughly 47% over the past month, reaching a five-month peak near $205 and trading around $198, buoyed by weekly and monthly gains of 18% and 50% respectively. Institutional treasuries are aggressively accumulating SOL: DeFi Development has amassed nearly 1 million SOL after a $198 million purchase, Upexi holds 1.82 million SOL worth $331 million, and bitcoin miner Bit Mining plans to raise up to $300 million to build a SOL reserve. Combined with staking withdrawals and recent network upgrades, this influx supports a bullish technical setup, including an ascending triangle breakout targeting $300–$360 and potential extension to $400–$500 if key resistance around $216–$254 is breached. Traders should monitor on-chain inflows, staking metrics, momentum indicators and emerging NFT and DeFi activity for signs of a sustained rally.

Flare (FLR) has surged 68% this month, climbing from $0.015 to a peak of $0.02712 amid rising trading volume and institutional partnerships. Daily volume jumped to $102.8 million, while market cap neared $1.9 billion. Earlier in May, FLR had gained 9.6% to $0.0251 following the launch of the FAssets Incentive Program. The project’s interoperability stack, powered by the State Connector and Flare Time Series Oracle (FTSO), now supports 60 live data streams and 85 data providers. On-chain data show over 38.8 billion FLR staked, locking $776 million and tightening circulating supply. Flare’s ecosystem expanded with a $100 million XRP deployment with VivoPower for institutional yield, an Uphold partnership for the XRPFi suite, and integrations with SparkDEX, TrustSwap, Team Finance, and Tether’s USD₮. BitGo custody solutions now cover FLR and SGB in the US and Europe. Technically, FLR broke out of a long-term descending wedge, reclaiming support at $0.024. Resistance lies at $0.028–$0.037, with the 9-day EMA crossing above the 21-day EMA and bullish DMI readings confirming the trend. Failure to hold the $0.022–$0.023 zone could trigger corrections. Traders remain bullish on further FLR price upside.

Binance reserves fell from 631,000 BTC in September 2024 to 574,000 BTC as strategic withdrawals and rising institutional demand reduce holdings. Meanwhile, unrealized profit on these reserves reached a record 60,000 BTC amid the recent Bitcoin price rally. Trading activity on Binance also surged: the exchange captured 52% of spot volume on July 18, and futures open interest rose across major platforms. On the altcoin front, BNB reached a new all-time high of $804, with its 50-, 100-, and 200-day moving averages all sloping upward. BNB volume spiked and the token entered price discovery with support at $780–790. These developments reflect strong market momentum and could signal further bullish trends for Binance reserves metrics, BNB, and the broader crypto market. Traders should monitor Binance reserves data and BNB technical indicators for potential entry points.

Ethereum price has pulled back from its recent high near $3,860 due to profit-taking. However, institutional buying by SharpLink Gaming and BitMine Immersion—holders of over 660,000 ETH combined—continues to underpin market support. Technical indicators highlight a key support at the 38.2% Fibonacci retracement near $3,494. A rebound here could drive Ethereum price toward $4,094. Conversely, a breach risks a decline to $3,381 (50% retracement) or $3,234 (20-day EMA). On the four-hour chart, the flat 20-day EMA and neutral RSI signal equilibrium between bulls and bears. Traders need a close above $3,860 to reignite the rally toward $4,000. A break below the 50-day SMA near $3,477 may signal bearish momentum. Crypto traders should monitor these support levels and market sentiment closely. Sustained institutional accumulation could preserve bullish momentum for Ethereum price in both the short and long term.