Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The U.S. Securities and Exchange Commission (SEC) is reviewing prospectus amendments for five Cboe BZX-listed spot crypto ETFs to enable in-kind creation and redemption. The filings cover ARK 21Shares Bitcoin ETF, 21Shares Core Ethereum ETF, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Fund, and Fidelity Ethereum Fund. In-kind creation lets authorized participants deliver or receive Bitcoin (BTC) or Ether (ETH) directly to or from the funds. This mechanism reduces trading friction, tightens bid-ask spreads, and offers potential tax efficiency. Bloomberg analyst James Seyffart views the move as a positive operational refinement. If approved, the change will align crypto ETFs with traditional commodity ETFs, improve liquidity management, and reduce balance-sheet strain on market makers. Traders should monitor SEC approval closely, as this shift could further boost institutional demand and enhance market efficiency in Bitcoin and Ethereum ETFs.

DigitalX Limited, Australia’s only ASX-listed crypto fund manager, has reinforced its Bitcoin-first strategy by securing a A$28 million (US$20.7 million) strategic investment on top of a prior A$13.5 million capital raise. Since July 14, the company acquired 109.3 BTC, added 57.5 BTC on July 18 and 74.7 BTC on July 23, spending nearly US$19.7 million in total. These purchases bring its holdings to 499.8 BTC—now valued at over US$100 million. With Bitcoin as its sole treasury asset and no plans to diversify into altcoins, DigitalX cements its position as a leading corporate Bitcoin holder and mirrors growing institutional demand for Bitcoin as a long-term store of value.

Cryptocurrency markets showed mixed performance as economists trimmed July Fed rate-cut odds, prompting risk-on shifts into higher-beta assets and NFTs. Binance Coin (BNB) led gains, topping $800 on ongoing token burns and robust exchange revenues, while Bitcoin (BTC) hovered near $60,000 and Ether (ETH) steadied around $3,500. Altcoins displayed divergent moves: Solana (SOL) rose over 4%, Shiba Inu (SHIB) climbed around 6.5%, whereas Dogecoin (DOGE), Cardano (ADA) and XRP retreated 4–5% on profit-taking. NFT trading volumes climbed 18% week-on-week, and average floor prices jumped 12%, driven by renewed interest in blue-chip collections. Traders in cryptocurrency markets cited lighter US macro data, a softer dollar and sticky inflation as catalysts, and are eyeing upcoming CPI releases and Fed minutes for direction. Analysts warn that any hawkish Fed signals could trigger reversals in cryptocurrency markets amid elevated on-chain activity.

Pi Network price is trading within a large descending triangle, repeatedly testing the $0.52 resistance level and the 100-day moving average. After two failed breakouts, the token retreated to around $0.46, forming a lower high and confirming a bearish downtrend, although rising trading volume suggests renewed buyer interest. Key support levels at $0.44 and $0.40 may limit further losses, while the daily RSI remains below 50, reinforcing bearish momentum; traders should watch for a decisive breakout above $0.52 and the 100-day MA or a breakdown below support to determine the next Pi Network price trend.

Stablecoins are rapidly transforming global payments as banks and fintechs seize regulatory clarity to offer instant, low-cost cross-border transfers. Major banks like JPMorgan, Bank of America, Citigroup and Wells Fargo are exploring joint stablecoin issuances, while firms such as Stripe, PayPal (PYUSD), ALT 5 Sigma and Zeebu deploy commercial solutions. Leading stablecoins USDT and USDC processed $27.6 trillion in 2024—a 59% year-on-year increase—and now account for 60–80% of crypto transaction volume. Businesses report 60% lower fees and near-instant settlement compared to traditional SWIFT transfers, which cost on average 6% and can take up to five days. New yield-bearing stablecoins offering up to 5% returns could replace traditional deposits and cut industry costs by $26 billion annually by 2028. Regulatory frameworks like the US GENIUS Act, EU’s MiCA and emerging Asian and Middle Eastern guidelines provide clear compliance paths, reducing legal risks. With stablecoins bolstering USD dominance, enhancing liquidity management, and enabling asset tokenization, financial institutions are gearing up for a payments revolution that aims to serve over one billion unbanked individuals worldwide.

The UK Home Office has unveiled a Ransomware Payments Ban for public sector bodies and key infrastructure operators, including NHS trusts, energy firms and local councils. Under the Ransomware Payments Ban, any victim planning to pay a ransom must notify authorities in advance. A mandatory incident reporting regime requires a preliminary notice within 72 hours and a full analysis within 28 days. A public consultation held from January 14 to April 8 drew 273 responses (57% organisations, 39% individuals, 4% other). Around 75% supported the ban for public bodies; nearly half backed extending the ban to all sectors. Sixty-three percent favoured the new reporting rules over the voluntary framework. Respondents agreed on penalties for non-compliance but flagged concerns over victim liability and civil versus criminal sanctions. Security Minister Dan Jarvis said the measures aim to break the ransomware business model and protect essential services. Chainalysis data show a 35% year-on-year decline in ransomware attacks. The new rules align the UK with Australia’s mandatory reporting and reflect ongoing US debates. Crypto traders should expect heightened scrutiny of crypto flows linked to illicit activity, though immediate market impact is likely limited.

Binance has launched new USDⓈ-margined perpetual futures (Binance USDⓈ-Margined Futures) for PENGU/USDC, CVX/USDT and SLP/USDT, each offering up to 75x leverage. These Binance USDⓈ-Margined Futures use USDT or USDC as collateral, eliminating expiry dates and enabling traders to calculate profits and losses in stablecoins. Scheduled on July 23 at 10:30 UTC (PENGU), 14:30 UTC (CVX) and 14:45 UTC (SLP), the contracts target NFT, DeFi and gaming users. Binance’s robust risk controls, including transparent funding rates, margin calls and auto-liquidations, help manage high-leverage risks. The expansion enhances hedging, arbitrage and speculative strategies, while requiring disciplined risk management in this volatile derivatives market.

US and EU-China trade talks are converging in July to extend tariff truces and resolve disputes with Beijing. The US will hold its third round in Stockholm on July 29–30, building on May’s Geneva and June’s London meetings to extend the tariff pause set to expire August 12, press China to reduce the trade deficit, increase US goods purchases and curb sanctioned oil imports and fentanyl precursors. Meanwhile, EU leaders Ursula von der Leyen and António Costa will meet Xi Jinping in Beijing to tackle over 25 ongoing tariff investigations—from electric vehicles to tyres—address economic coercion and rare earth supply concerns. Both sides seek access to advanced tech—semiconductors and AI chips—and aim to maintain dialogue amid geopolitical friction over Russia and supply‐chain security. Crypto traders should watch these “trade talks” trends: easing tensions often drives a risk-on environment and boosts market sentiment, potentially lifting the cryptocurrency market in both the short and long term, though outcomes hinge on concrete trade and technology commitments.

Bitfarms has launched a 10% share buyback program to repurchase up to 49.9 million common shares, running from July 28, 2025 to July 27, 2026. The plan, approved on the TSX and Nasdaq, sets daily purchase limits but cancels all repurchased shares to boost shareholder value. CEO Ben Gagnon said the stock is undervalued and the share buyback reflects confidence in Bitfarms’ long-term growth. While the 2024 Bitcoin halving squeezed mining margins, Bitfarms reported a Q1 2025 net loss of $36 million, up from $6 million a year earlier. To support its strategic pivot from pure mining to AI infrastructure and high-performance computing (HPC) data centres in Pennsylvania, the company secured a $300 million credit facility from Macquarie. Bitfarms also sold its Paraguay mining site to Hive Digital for $85 million, further funding its U.S. expansion. The share buyback underscores Bitfarms’ shift towards diversified revenue streams in HPC and AI data centre operations.

FTX bankruptcy proceedings now include a court motion to remove rigid jurisdiction restrictions that barred creditors in regions like China and Russia from distributions. The change lets creditors update their KYC and residency before the distribution phase or relocate to crypto-friendly jurisdictions such as Singapore or the UAE. Under the proposed rules, courts will verify jurisdiction closer to the distribution date, treating jurisdiction as dynamic rather than fixed. Creditors should gather KYC and residency documents, comply with AML and tax requirements, and seek legal advice. Traders should monitor court approval and overall recovery rates in the FTX bankruptcy, as this development could speed up asset distributions, reduce litigation, and boost market confidence.

Macro investor Dan Tapiero has merged his 10T Holdings and 1RoundTable Partners into the 50T brand. He now forecasts a $50 trillion crypto market within the next decade, up from today’s $5 trillion ecosystem. To back this outlook, 50T launched the 50T Fund, a 10-year closed-end growth equity vehicle targeting $500 million for late-stage blockchain and Web3 infrastructure, with a first close slated for Q4 2025. The merger boosts 50T’s assets under management to $2 billion and emphasizes structured downside protection and active governance, retaining board seats in key portfolio companies. The 50T Fund aims to capitalize on rising institutional demand for crypto growth equity. Meanwhile, stablecoin issuer Circle (CRCL) was downgraded by Compass Point from “Hold” to “Sell,” sending shares down as much as 8%. The analyst cited stretched valuation, intensifying competition and margin pressure in distribution partnerships, cutting Circle’s price target to $130 from $205. They also warned that shifts in Treasury yields backing USDC could impact revenue. Although Circle’s stock volatility may trigger short-term uncertainty, the 50T Fund launch and the bullish $50 trillion crypto market forecast signal continued institutional confidence and potential long-term capital inflows.

MAGACOIN FINANCE has gained traction as Ethereum’s Relative Strength Index (RSI) dips below 50, signalling short-term bearish sentiment. Meanwhile, Aptos (APT) faces slowing user growth and reduced narrative momentum. Traders are rotating funds into MAGACOIN FINANCE, a zero-tax, fixed-supply meme coin with fully decentralized governance and HashEx-audited contracts. On-chain metrics show a surge in wallet addresses and transaction volumes, supported by an active Telegram community. After missing earlier cycles of DOGE, SHIB and PEPE, retail traders are drawn to MAGACOIN FINANCE’s scarcity model and staking potential. This shift underscores a broader altcoin rotation in Q3, with MAGACOIN FINANCE emerging as a top high-ROI pick as market participants seek novel narratives beyond ETH and APT.

Bitfarms has launched a share buyback program, authorizing the repurchase of up to 49.9 million common shares—10% of its public float—on the TSX and Nasdaq over 12 months. The share buyback, approved by the Toronto Stock Exchange, aims to boost earnings per share and investor confidence, driving Nasdaq-listed shares up 16.8% at announcement. In Q1 2025, Bitfarms reported a US$36 million net loss due to compressed Bitcoin mining profitability after the 2024 halving, but improved its gross margin to 63%. To mitigate mining volatility, the company is pivoting to AI infrastructure and high-performance computing (HPC). It operates 15 Bitcoin mining data centres across four countries and is expanding its Pennsylvania sustainable energy portfolio. To support its AI and HPC transition, Bitfarms secured a US$300 million credit facility from Macquarie and sold its Paraguay mining site to Hive Digital for US$85 million to fund US-based AI data centre expansion. This diversification strategy aims to stabilize revenue and capture growth in the AI computing market.

On July 23, the SEC’s Division of Trading and Markets issued initial Crypto ETF Approval for Bitwise’s 10 Crypto Index Fund, which tracks the top ten cryptocurrencies by market cap. Minutes later, Assistant Secretary Sherry Haywood stayed the approval and referred it to the full Commission for further review. This Crypto ETF Approval, albeit paused, marks the first time a crypto index fund has cleared the SEC’s initial ETF standards for a potential spot Bitcoin ETF. The suspension underscores heightened regulatory scrutiny over market manipulation, investor protection, and crypto custody. Bitcoin (BTC) briefly rallied 1.8% after the announcement but retraced gains amid uncertainty. Traders should monitor SEC updates, anticipate potential delays for Ethereum and altcoin index ETFs, diversify portfolios, and maintain a long-term outlook.

DeFi Dev Corp has amassed 999,999 SOL in its treasury after acquiring 141,383 SOL between July 14–20 at an average price of $133.53, bringing its holdings to over $200 million. The firm raised $19.2 million by issuing 740,000 shares and staked all new SOL via its own validator nodes, earning 867 SOL (~$156,000) in one week. Its SOL per share metric climbed 13% to 0.0514 SOL per share (~$9.30), and it retains $5 million in dry powder for roughly 24,000 more SOL. Meanwhile, Upexi purchased 100,000 SOL for $17.7 million on July 17, lifting its total to 1,818,809 SOL (~$367 million), with half acquired at a discount in locked form, generating about $94.7 million in unrealized gains. These equity-funded, volatility-driven treasury strategies underline growing institutional demand for Solana staking and concentrated SOL accumulation.

Ark Invest has taken a $182 million stake in Bitmain, acquiring 4.77 million shares through its latest ETF. Ark’s investment underscores confidence in Bitmain’s pivot from Bitcoin mining hardware to direct Ethereum accumulation. Bitmain plans to deploy the capital to purchase ETH, banking on Ethereum’s transition to Proof-of-Stake and the deflationary impact of EIP-1559 burns. The Merge upgrade has enhanced Ethereum’s scalability, sustainability and ESG credentials, attracting institutional buyers. This deal offers Ark Invest indirect exposure to Ethereum, complementing its existing digital asset holdings. Market watchers should monitor ETF inflows, potential ETH liquidity squeezes, regulatory clarity and long-term price support. Key risks include crypto volatility, shifting regulations, technical vulnerabilities and competition among Layer-1 networks.

Dogecoin price saw a 4.8% drop after rejecting resistance at $0.2783, briefly finding support near $0.266. Traders should watch key levels: support at $0.26–$0.27 and resistance at $0.2783, $0.31 and $0.36. On July 22, a falling wedge breakout on the 30-minute chart with rising volume pointed to a potential move to $0.2892. Higher-timeframe signals hinge on a weekly close above $0.2783. The Dogecoin price momentum hinges on breaking this level. On-chain data from Glassnode reports a 110% surge since June 21, declining whale and small-holder supply, and stronger mid-term conviction. The mix of bearish pressure and bullish momentum suggests traders monitor $0.26 and $0.31 closely.

BlockDAG will host a live mining demo on July 23, showcasing its X1 mobile miner and X10 hardware miner. Early participants can mine up to 200 BDAG tokens per day. This event marks a key step toward the project’s mainnet launch on August 11. BlockDAG’s ongoing presale has raised $348 million at $0.0016 per BDAG, with over 24 billion tokens sold. A 0% vesting pass ensures all tokens are fully unlocked at launch, offering immediate liquidity for traders. Meanwhile, Ena Protocol (ENA) surged 15% in 24 hours after announcing a partnership with a major DeFi platform. Shiba Inu (SHIB) saw a 20% jump in trading volume to $1.2 billion, indicating renewed retail interest. Traders should monitor BDAG scarcity, ENA momentum, and SHIB activity on-chain and in exchange order books for potential short-term opportunities.

SharpLink has expanded its Ethereum treasury to 450,000 ETH (approximately $1.3 billion) through two OTC purchase waves, acquiring nearly 180,000 ETH at average prices between $2,800 and $3,238. To fund these buys, the firm raised its stock‐sale capacity from $1 billion to $6 billion, boosting liquidity for ongoing treasury growth. With Ethereum trading near 2025 highs around $3,700, SharpLink’s shares surged over 10% in one day and 206% month-to-date. Management plans to stake 80% of its Ethereum treasury post-Shanghai upgrade to earn network rewards and lock up circulating supply. This initiative, mirrored by peers such as Bit Digital and BitMine Immersion, underscores rising institutional demand for Ethereum. Traders should monitor OTC order flow and staking metrics as leading indicators of potential bullish momentum for Ethereum.

A major Bitcoin whale transfer has moved a total of 6,771 BTC (≈$808 million) off Kraken in two phases: 4,166 BTC and 2,605 BTC. Both transfers went to unknown wallets, suggesting the coins are headed to cold storage or part of OTC deals rather than immediate sell orders. By pulling over 6,700 BTC from one of the top-tier exchanges, this whale transfer may tighten market liquidity and reduce sell-side pressure, a bullish sign for Bitcoin. Traders using on-chain analytics tools like Whale Alert should watch Kraken’s reserve balance closely. While the exact motive remains unclear—ranging from institutional custody to long-term holding—historical patterns show such whale transfers often precede periods of price stability or upward trends. Monitoring further exchange outflows and broader market trends can help traders anticipate shifts and adjust strategies.

Ethereum correction concerns have intensified as ETH surged toward $4,000, reaching overbought Relative Strength Index (RSI) levels and prompting profit-taking among short-term traders. Technical analysis suggests a potential pullback to around $3,400 could weigh on altcoins by up to 20%. On the ETH/BTC pair, sustained closes above 0.027 BTC point to a next target near 0.05 BTC amid volatility. However, large whale accumulation, growing corporate interest, and upcoming network upgrades — including proto-danksharding and full Proof-of-Stake implementation — may cushion an Ethereum correction. Traders are advised to set stop-loss orders, take partial profits, apply dollar-cost averaging (DCA), and diversify portfolios to manage risk during the expected consolidation phase.

BitGo IPO is poised to reshape the crypto custody sector as the Palo Alto‐based firm files a confidential S-1 registration with the SEC. Founded in 2013 by Mike Belshe and Ben Davenport, BitGo now holds over $70 billion in assets under custody, including Bitcoin (BTC) and Ethereum (ETH). Major banks Morgan Stanley and Goldman Sachs are lined up to underwrite the Nasdaq offering. If approved, this will be the first public listing by a leading US crypto custody provider, reflecting growing institutional investors’ demand for secure digital asset management. BitGo’s platform offers offline cold storage, multi-signature wallets and insurance coverage for hedge funds, family offices and corporate treasuries. Recent funding rounds valued the company at $1.75 billion, backed by Galaxy Digital, Goldman Sachs, Valor Equity Partners and Institutional Venture Partners. The BitGo IPO comes amid a favorable market backdrop, with Bitcoin and Ethereum rallying over 25% year-to-date and clearer regulatory frameworks such as the GENIUS Act. Traders should monitor how the BitGo IPO influences custody valuations, sets a benchmark for compliance, and impacts broader market sentiment.

Western Union has launched a stablecoin pilot to accelerate cross-border payments. The pilot, prompted by the U.S. GENIUS Act’s regulatory framework, will first test USD-backed stablecoins with annual audits. The company is building fiat-to-stablecoin on-ramps and off-ramps and integrating stablecoins into digital wallets. CEO Devin McGranahan and CFO John Doe say stablecoins can offer real-time settlement, lower fees, and liquidity complementing traditional channels. Analysts estimate stablecoin integration could cut remittance costs by up to 40% and boost on-chain transfers. Traders should watch pilot results for signals of broader institutional adoption and potential impacts on stablecoin markets and crypto liquidity.

US President Donald Trump on July 22 intensified pressure on Fed Chair Jerome Powell, blaming him for keeping rates too high and calling for an immediate interest rate cut of three percentage points to 1%. He argued that elevated borrowing costs are squeezing homebuyers and slowing the housing market, and proposed eliminating capital gains tax on home sales. The White House plans to visit Federal Reserve headquarters to press its case. Treasury Secretary Benson and Deputy Secretary Bessant publicly backed lower interest rates, citing strong economic data, an expanded Fed mandate and rising government spending as reasons for urgent monetary easing. Traders should watch for shifts in US monetary policy and the timing of an interest rate cut, as a significant rate cut could trigger higher bond yields, equity market rallies and renewed crypto market volatility. The growing political tension around Fed policy adds uncertainty that may drive short-term surges in risk assets, including BTC and ETH.

MetaMask has integrated Solana support via Transak, allowing users to buy SOL directly within the wallet using credit cards, Apple Pay, Google Pay or bank transfers. This marks MetaMask’s first expansion beyond EVM chains and simplifies the fiat-to-crypto on-ramp. Users can update MetaMask, go to "Buy" or "Add Funds", select SOL and complete KYC-compliant transactions without relying on external exchanges or bridges. Transak’s infrastructure ensures secure compliance and multiple payment options. Solana’s low network fees and high throughput promise cost-efficient transactions. The integration may boost SOL liquidity and drive activity in Solana DeFi, NFTs and gaming, while encouraging other wallets to adopt multi-chain support. Traders should note Transak fees, network charges and regional regulations. This development underscores MetaMask’s multi-chain vision and advances blockchain interoperability.

SharpLink Gaming completed a record ETH purchase of 79,949 Ether for $258.9 million at an average price of $3,238 each. This follows last week’s $49 million buy and raises its digital treasury holdings to 360,807 ETH (≈$1.3 billion). Since launching its digital treasury strategy on June 2, SharpLink Gaming has also earned 567 ETH in staking rewards. This ETH purchase reclaims the top public ETH holder status from BitMine, which holds 300,657 ETH after its $250 million private placement. The intensifying competition and growing institutional demand highlight corporate support for Ethereum. Traders should watch for price support around current levels and potential volatility as public ETH accumulation accelerates.

Crypto investment products hit record inflows of $4.4bn last week, marking 14 consecutive weeks of net inflows and lifting assets under management to $220bn. Exchange-traded product turnover neared $40bn as institutions poured in capital. Ethereum-led inflows totaled $2.12bn amid a 24.5% price rally, while Bitcoin ETFs attracted $2.2bn over the same period. On July 21, spot Bitcoin ETFs logged a $131m net outflow, ending a 12-day inflow streak. ARK Invest’s ARKB led redemptions, followed by GBTC, FBTC, VanEck and Bitwise. Bitcoin dipped below $120k to $116,639 before rebounding. Since launch, spot Bitcoin ETFs have amassed $54.75bn and hold about $152bn in BTC (6.5% of supply). Meanwhile, Ethereum ETFs extended inflows with $297m as ETH traded near $3,705. These flows underscore robust institutional demand and strong liquidity, though recent Bitcoin ETF outflows may signal short-term volatility.

Bitcoin recently surged above $118,000, driving retail investors on Binance to sell into strength. CryptoQuant data shows 30-day retail inflows jumped from $12B to $16B, while net taker volume turned negative. Large holders withdrew over $200M in BTC from exchanges, indicating accumulation. Onchain Lens reports a Bitcoin whale deposited 300 BTC (~$35.6M) to Binance, boosting its exchange balance to 800 BTC and realizing $93.3M in profit. This Bitcoin whale move adds to a broader pattern of Bitcoin whale accumulation and often foreshadows selling pressure. Traders should monitor retail outflows, whale deposits, and exchange flows to gauge market sentiment and potential pullbacks.

JPMorgan Chase is preparing to roll out crypto-backed loans by early 2026. Clients will be able to pledge Bitcoin (BTC), Ethereum (ETH), and potentially memecoins or crypto ETFs as collateral for cash loans. This move marks a strategic shift under CEO Jamie Dimon and responds to rising client demand and institutional adoption of digital assets. It follows US regulatory advances like the GENIUS Act and the Digital Asset Market Clarity Act, which provide stablecoin frameworks and market clarity. Internal upgrades include custody infrastructure and risk management. Traders should watch for official announcements: the launch of crypto-backed loans could boost liquidity and demand for BTC and ETH, influencing their price dynamics.