Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

XRP has broken key resistance from both descending and ascending triangle formations, surging from $1.78 to nearly $3.00 in under 48 hours and confirmed by high trading volume and new wallet inflows. The technical pattern targets a rally to $3.40–$3.60, with potential extension toward $5 if broader market conditions remain supportive. Fundamental catalysts include the ProShares XRP ETF debut on July 18, Ripple’s national trust bank application, and progress in the SEC lawsuit, all reducing regulatory uncertainty. Traders are eyeing the $3.00 psychological level for FOMO-driven buying, as former resistance flips to support. Short-term pullbacks may occur, but the convergence of technical strength and institutional inflows underpins a bullish outlook for XRP.

Grayscale’s conversion of its Digital Large Cap Fund into a spot ETF received SEC approval to list on NYSE Arca, sparking bullish momentum in XRP. Despite a brief debut delay, XRP has climbed nearly 80% from April lows, surging 27% this week to around $2.71. On-chain data shows whales transferring 33 million XRP (~$90 million) from Upbit to an unknown wallet, moving 40 million XRP between private addresses, and sending another 25.49 million XRP to Coinbase. Bitcoin’s breakout to $118,800 has further supported broader crypto gains, while ETF-linked XRP products saw volumes spike fivefold and a 2x leveraged XRP ETF jumped 27% on the day. Traders are now eyeing the July 14 launch of ProShares XRP futures ETFs – Ultra, UltraShort, and Short. Technical indicators reveal a breakout from a symmetrical triangle, a successful retest of the $2.15 breakout zone, and emerging inverse formations. If XRP holds above $2.40, analysts expect it to test $3 in the near term and target $5–$5.30 longer term, reviving hopes for a push toward its all-time highs.

Bitcoin derivatives markets show mixed signals. Open interest in BTC futures hit an all-time high alongside persistently positive funding rates and a call-heavy options skew, suggesting a bullish bias. However, experts like Bitwise’s Jeff Park point out that implied volatility and liquidity remain subdued, with speculative leverage still limited. This “coiled spring” dynamic—high open interest but low volatility—implies upside potential once key catalysts such as ETF approvals, corporate treasury allocations or macroeconomic shifts materialize. Traders should watch Bitcoin derivatives metrics, including open interest, funding rates and the CME basis, to manage risk and position for a potential rally.

On July 10, 2025, the Ethereum Foundation executed an OTC transfer of 10,000 ETH (approximately $18 million at an average price of $2,572) to publicly traded SharpLink Gaming, marking the largest direct corporate ETH acquisition. This 10,000 ETH allocation serves both as a grant and treasury purchase to accelerate SharpLink’s social play-to-earn gaming platform on Ethereum. Funds will scale Layer 2 infrastructure, enhance user onboarding, expand the NFT economy, and increase staked ETH for network security and decentralization. The announcement drove SharpLink stock up 50%, while ETH price rose over 6% to near $2,998 with trading volume surging. The landmark deal underscores growing institutional adoption of Ethereum, highlights its role in corporate treasury management, and reaffirms the Ethereum Foundation’s commitment to Web3 gaming and decentralized finance.

GMX hack on February 3 exposed a front-end vulnerability that let an attacker drain over $78 million from the DeFi protocol. GMX patched the UI flaw within hours and offered a 10% whitehat bounty with a 48-hour recovery deadline. After encrypted negotiations, the GMX hack recovery saw the attacker return about $40.1 million—$9 million in ETH and $10.49 million in FRAX—to a new address. PeckShield verified these transactions. The remaining $38 million in USDC and USDT was laundered via Tornado Cash, making on-chain traceability difficult. GMX praised the hacker’s technical skills and assured traders that recovered funds would be used safely. This incident highlights the importance of robust front-end security, rapid incident response, effective bug bounty programs, and negotiated recovery models in DeFi security. Overall, the GMX hack underscores evolving trends in DeFi security.

Circle has formed partnerships with crypto exchange Bybit and fintech giant Ant Group to expand USDC adoption across trading, payments and settlements. Under its revenue-sharing deal with Bybit, Circle will share a percentage of interest income from USDC reserves to encourage higher stablecoin volume on the exchange. Meanwhile, Ant Group plans to integrate USDC into its proprietary AntChain blockchain for treasury management, cross-border payments and asset tokenization once USDC gains US regulatory approval—including passage of the GENIUS Act and Circle’s establishment of a national trust bank to oversee reserves. Ant Group processes over $1 trillion in payments annually, has lobbied China’s central bank on yuan-based stablecoins, and aims to secure stablecoin licenses in Singapore and Hong Kong while partnering with layer-1 Sui (SUI) for real-world asset tokenization. Circle has also rolled out feeless USDC-to-USD conversions on OKX, secured the largest weighting in VanEck’s digital asset corporate index, and seen USDC accepted as collateral in US futures markets on Coinbase Derivatives. These developments, set against a backdrop of regulatory clarity, are likely to increase USDC liquidity, adjust partner platform fees, and shift stablecoin market dynamics, offering bullish prospects for USDC in both the short and long term.

Ethereum presales are losing momentum as market saturation and launch fatigue limit ROI potential. Despite over $10 billion in institutional inflows and the Dencun upgrade, Ethereum’s multi-hundred-billion-dollar market cap makes outsized gains unlikely. In contrast, the MAGACOIN FINANCE presale has ignited a viral frenzy. The decentralized political meme coin leverages a zero-tax model, a fully capped supply, and a HashEx security audit to ensure transparent tokenomics. Thousands of retail investors and early whales are competing across sold-out presale stages, reassigning capital from slower Ethereum presales to chase asymmetric returns. With limited entry before listing, traders eye potential 30×–100× windfalls beyond traditional ETH rounds. Competing projects like Qubetics and RAVI offer clear utility but lack MAGACOIN FINANCE’s FOMO and cultural impact. For 2025, the MAGACOIN FINANCE presale stands out as a high-voltage opportunity in a cooling presale market.

Remixpoint has secured ¥31.5 billion ($215 million) via a rights offering and bond issuance to expand its Bitcoin reserve. The Tokyo-listed energy and fintech firm plans to increase its Bitcoin reserve from around 1,051 BTC to 3,000 BTC, with future purchases tied to its average stock price over three trading days. The board cited strong conviction in Bitcoin’s long-term potential to enhance corporate value and strategic flexibility. In a first for a listed Japanese company, CEO Yoshihiko Takahashi will receive his executive compensation entirely in Bitcoin, aligning management with shareholders. Expanding its Bitcoin reserve is central to Remixpoint’s treasury strategy and echoes a wider trend of corporate BTC accumulation, with Japanese firms like Gumi, Value Creation, Metaplanet and SBC Medical, and Nasdaq-listed Semler Scientific, boosting their BTC treasuries.

GameSquare has raised $8 million through a public offering to fund a $100 million phased Ethereum treasury. The board approved a staged investment plan. Management aims to generate annual returns of 8–14%—well above ETH staking rates of 3–4%—by diversifying into NFTs and stablecoins. Backed by Dialectic and leveraging the Medici platform for automated, risk-adjusted yield generation, the strategy is designed to enhance financial flexibility. The initiative will support further ETH purchases, potential share buybacks and growth initiatives. Underwriters hold a 45-day option to buy an additional 1.26 million shares, underscoring market confidence but diluting existing equity. GameSquare’s shares jumped 58% on Nasdaq following the announcement. Traders should note that large-scale ETH accumulation could tighten market supply and increase volatility amid regulatory uncertainty. This move marks a shift towards institutional adoption of Ethereum as a corporate treasury asset.

Cronos (CRO) spiked nearly 18% to $0.095 in 24 hours after Trump Media’s proposed crypto ETF revealed a 5% CRO allocation. The rally outpaced the CoinDesk 20 Index and highlighted renewed interest in CRO, whose all-time high of $0.69 remains distant. The SEC is reviewing Truth Social’s filing under Form 19b-4 for a passive crypto ETF. Named the “Truth Social Crypto Blue Chip ETF,” the fund would list on NYSE Arca and offer direct exposure to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cronos (CRO) and Ripple (XRP) with weights of 70%, 15%, 8%, 5% and 2%, respectively. Crypto.com will handle custody, staking and liquidation, while sponsor Yorkville America Digital oversees compliance. The ETF will use daily CME CF reference rates, employ cold storage, and stake ETH, SOL and CRO to generate rewards. If approved, this crypto ETF could broaden institutional access and streamline diversified digital asset investing for retail and institutional traders.

South Korea’s Ministry of SMEs and Startups has formally included crypto startups in its venture ecosystem. From Q3 2024, eligible cryptocurrency exchanges, blockchain developers and DeFi projects can apply for grants, tax incentives and government-backed loans under existing programmes. The government has earmarked KRW200 billion over two years for blockchain and crypto startups, with up to KRW50 million per firm annually. The reform reverses a 2018 ruling that stripped digital asset firms like Dunamu of venture status. Public consultation on the draft law runs until August 18, 2025. The policy also aligns with plans for spot Bitcoin ETFs and a won-based stablecoin, reflecting Seoul’s push for clearer regulatory support and reduced compliance hurdles. Traders can expect improved funding access and institutional investment, boosting market confidence in crypto startups and potentially driving broader blockchain innovation.

Donald Trump’s Truth Social platform has filed an S-1 with the US SEC for a proposed Crypto Blue-Chip ETF to list on NYSE Arca. The fund targets regulated exposure to top digital assets with a 70% allocation to Bitcoin, 15% to Ethereum, 8% to Solana, 5% to Cronos and 2% to XRP. It will rebalance quarterly, with Foris DAX as the liquidity provider and custodian, and CF Benchmarks supplying daily reference prices. Following the filing, Cronos (CRO) surged over 17% within an hour, while Bitcoin and Solana saw modest gains and XRP underperformed. Traders should watch for SEC approval and potential fund inflows, as similar ETF filings have historically driven price rallies and could boost institutional adoption, market liquidity and overall legitimacy of the crypto ETF landscape.

Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have proposed EIP-7983, introducing a per-transaction gas cap of 16.77 million units. This Ethereum gas cap aims to prevent any single transaction from consuming an entire block’s gas allowance, mitigating DoS attack risks and improving network security. Transactions that exceed the 16.77M limit will be rejected at the validation or mempool level, ensuring predictable gas fees and smoother block performance without altering the adjustable block gas limit. This Ethereum gas cap also enhances compatibility with zero-knowledge virtual machines (zkVMs) and parallel execution engines by breaking large operations into smaller, verifiable chunks. Developers expect EIP-7983 to simplify engineering constraints, improve execution consistency, and prevent resource monopolization. While most DeFi and DApp transactions stay well below the threshold, large deployments may need to split transactions. Building on the earlier EIP-7825, the draft is now open for community feedback, aligning Ethereum’s roadmap toward modular, provable systems.

US stocks tumbled as President Trump escalated tariff threats, weighing on both equity and crypto markets. On July 7, Trump announced potential 10% tariff hikes on BRICS nations and extended trade-deal deadlines to August 1, driving the Dow down over 1%, the S&P 500 off 0.84% and the Nasdaq down 0.9%. Treasury Secretary Scott Bessent signaled imminent trade agreements, but renewed Trump tariffs—threatening 25% levies on Japan and South Korea and extra 10% duties on “anti-American” retaliation—rekindled volatility. In a parallel move, Tesla shares plunged 7.2% after Elon Musk launched the “America Party” and following a new budget bill that removed EV tax credits and cut funding for his Dogecoin department. Crypto traders should watch for spillover: heightened Trump tariffs risk a market-wide sell-off, while reduced Dogecoin support may pressure DOGE in the short term.

Bitchat is a beta decentralized messaging app from Block CEO Jack Dorsey. It runs exclusively on Bluetooth Low Energy (BLE) mesh networks and the Nostr protocol. Bitchat enables encrypted, peer-to-peer chat without internet, servers or personal data. It breaks messages into 500-byte fragments, relays them across up to seven multi-hop connections, and uses X25519 key exchange with AES-256-GCM encryption. Bloom filters cut duplication and save battery. Critics cite missing delivery acknowledgements, hop limits and floodfill routing issues in dense networks. Dorsey plans to add Wi-Fi and USB relays and integrate with Nostr clients. Unlike web3 platforms such as Status, Dmail and XMTP, Bitchat works fully offline, targeting protests, disaster zones and remote areas with censorship-resistant communication. The web3 messaging market could grow from $1.26 billion in 2025 to $22 billion by 2035. Bitchat’s mesh design and privacy focus may reshape decentralized messaging in high-risk environments.

Bitcoin remains overwhelmingly profitable, with over 93% of holders in profit and market cap topping $2 trillion. On-chain data from IntoTheBlock and CryptoQuant reveal mixed demand: institutional investors have triggered a net outflow of about 895,000 BTC in the past month even as short-term holders added 382,000 BTC. Binance BTC futures open interest stalled below $11.5 billion, underscoring bearish pressure. Whales (addresses with over 10,000 BTC) sold 12,000 BTC on July 3, while mid-sized holders offloaded 14,000 BTC since June 30, offsetting retail dip-buying. Bitcoin is trading near $108,000 in a $107,000–$110,000 consolidation, leaving market direction uncertain for traders.

XRP price prediction remains bullish as XRP trades around $2.27–$2.28, up over 2% in 24 hours. Technical analysis shows the token compressed within a seven-year symmetrical triangle and reclaimed the 50-period SMA on the four-hour chart. An ascending trendline of higher lows and a rising RSI below overbought support the XRP price prediction. Key resistance levels to watch include $2.285, $2.329, $2.337 and the $2.40–$2.47 zone. A decisive breakout above $2.285 on strong volume could trigger tests of $2.30, $2.35 and $2.45. Support levels sit at $2.2175, $2.146, $2.080 and $1.7711. Traders may consider long entries between $2.27 and $2.29 with stop-losses below $2.21. Bitcoin’s potential breakout above its eight-year trendline could fuel altcoin gains. Meanwhile, Solana-powered layer-2 project Bitcoin Hyper (HYPER) has raised nearly $2 million in its presale at $0.01215 per token ahead of a planned Q1 2025 mainnet launch. This updated XRP price prediction synthesizes key levels and market catalysts for both short-term momentum and midterm trend confirmation.

The CoinShares MiCA license granted by the French AMF makes CoinShares the first asset manager in continental Europe under MiCA. This CoinShares MiCA license complements its existing MiFID and AIFM authorisations, enabling the firm to offer full crypto and traditional asset management services across the EU. CoinShares now serves clients in eight member states, including France, Germany and the Netherlands, with plans to extend to all. In parallel, it expanded in the US through the acquisition of Valkyrie Funds and launched Bitcoin and Ethereum futures ETFs. CEO Jean-Marie Mognetti says clear crypto regulation is vital for investor protection and institutional trust. This regulatory boost is poised to spur institutional adoption of digital assets and strengthen confidence in the European crypto market.

Bitcoin price surged past $119,000 after recent spot Bitcoin ETF approvals and growing institutional investment. Macroeconomic uncertainties, including inflation and currency devaluation, have bolstered Bitcoin’s appeal as a scarce digital asset. Retail demand has increased via accessible trading platforms and media coverage. The upcoming Bitcoin halving is expected to tighten supply and fuel further gains. Technological upgrades like the Lightning Network improve scalability and transaction speeds. Despite this strength, traders should manage Bitcoin price swings—10–20% volatility and regulatory shifts remain key risks. Historical cycles in 2017 and 2021 show rapid rallies often followed by corrections. Effective risk strategies—such as dollar-cost averaging and diversification—can mitigate downside. The current rally may also trigger broader market growth and an altcoin season, offering new trading opportunities.

Bitcoin trades near $117,500 after touching record highs around $123,000. On-chain data from CryptoQuant’s Bitcoin Flow Pulse shows persistently low exchange inflows. Historically, spikes in exchange deposits have signaled major corrections in 2017 and 2021. This year, holders refuse to sell, evidenced by a $200 million BTC withdrawal by whales in a single day. Miner outflows hit 16,000 BTC on July 15, the largest daily profit-taking since April. At the same time, Binance data reveals rising retail inflows and negative net taker volume, pointing to selling pressure among small traders. The contrast between low inflows, whale accumulation, and miner profit-taking highlights strong market conviction. Resistance remains near $123,000, with support at $113,000–$116,000, and a risk of deeper pullbacks to $107,000–$111,000 if key levels fail. While the trend favors a bullish outlook, a sudden spike in exchange deposits could foreshadow a short-term correction.

XRP has rebounded past its previous all-time high and formed a bullish Golden Cross as the 50-day moving average crosses above the 200-day MA, despite a minor 7% pullback to $3.30. The token is consolidating just below a long-term diagonal resistance at $3.50—a level that capped the 2017–2018 bull run—and key indicators like an RSI of 68.7 and a positive MACD histogram confirm sustained trend strength. Broader market support from Bitcoin holding above $117,000, improved on-chain metrics, and Ripple’s RLUSD stablecoin launch reinforce the technical setup. Institutional adoption is rising, with Nature’s Miracle Holding deploying a $20 million XRP treasury program and Brazil’s VERT issuing BRL 700 million on the XRP Ledger. XRP’s market cap stands at $194.17 billion with $9.24 billion in 24-hour volume, and social sentiment remains 83% positive. Immediate support resides at $3.22, stronger at $3.10–$3.20 and the 20-day EMA at $3.00, while resistance lies between $3.55 and $3.70 and a psychological barrier at $4.00. A daily close above $3.50 could trigger a rapid rally toward Fibonacci extensions at $7–$9. Over the next 90 days, an SEC settlement and ETF approvals could drive XRP to $4.50–$5.00 (50% probability), with a 35% chance of 4–6 weeks of consolidation between $3.10 and $3.60 or a 15% chance of a deeper pullback to $2.80–$2.90. Traders may view the Golden Cross and institutional buys as optimal accumulation signals ahead of regulatory clarity.

The U.S. Department of Justice has filed a civil action to seize $7.1 million in cryptocurrency linked to a crypto fraud scheme targeting oil and gas investments. The scheme ran from mid-2022 to mid-2024 and routed about $97 million through 81 bank and crypto accounts to conceal stolen funds. Prosecutors indicted Geoffrey Auyeung for money laundering after he converted the proceeds into Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and USD Coin (USDC), then transferred large sums to Binance. Federal agents froze over $2.3 million in related bank accounts and have documented $17.9 million in investor losses so far. This case highlights the DOJ’s use of blockchain analytics, aggressive asset forfeiture in combating money laundering and underscores ongoing risks of crypto fraud for traders.

US Department of Justice (DOJ) and Federal Bureau of Investigation (FBI) have formally ended their investigations into Kraken founder Jesse Powell. Federal agents raided Powell’s home in 2023 over alleged sanctions evasion and money laundering tied to Kraken’s cryptocurrency exchange and a nonprofit arts center he established. All seized devices were returned after DOJ and FBI review of transaction records and internal documents found insufficient evidence to press charges. This follows the US Securities and Exchange Commission (SEC) dropping its enforcement action against Kraken for operating as an unregistered securities exchange. Powell, who stepped down as Kraken CEO in 2022, has maintained his innocence and filed a defamation lawsuit against the Verge Center for the Arts. Crypto traders may see reduced regulatory uncertainty around Kraken’s platform, bolstering market confidence in the short term. However, broader regulatory risks in the crypto sector persist, and any direct price impact on Kraken-traded assets is expected to be limited.

Western Union is set to integrate stablecoins into its remittance and digital wallet services. Following the US GENIUS Act, which requires full USD backing and annual audits for major issuers, the company will let users deposit dollars, convert them to stablecoins, and send funds via blockchain. Recipients in Latin America and Africa can instantly redeem USDT or USDC for local currency or spend tokens directly. The move cuts settlement times from days to minutes and lowers fees. CEO Devin McGranahan calls stablecoins a growth opportunity and a reliable store of value in volatile markets. Western Union is partnering with infrastructure firms to build on- and off-ramps for stablecoins, leveraging its global agent network and contrasting with cautious regulators like the Bank of England and IMF.

Recent market pullbacks sent XRP price down nearly 4% alongside BTC, ETH, DOGE, and ADA. Despite the dip, technical analysts remain bullish: Ali Martinez expects Fibonacci-based resistance at $4.17, $4.63, and $5.01, targeting $6.12 in the long term. CRYPTOWZRD highlights $3.65 as key intraday resistance and $4.60 as the next major hurdle, while influencer Cobb sees a rapid climb to $5. This optimism is underpinned by the anticipated resolution of the SEC vs. Ripple lawsuit, the introduction of RLUSD, and the GENIUS Act. However, XRP price underperformed against seven catalysts identified by ICharted—pro-crypto policy shifts, ETF approval, mass adoption, higher trading volumes, key partnerships, U.S. legislation, and legal clarity. Citing Bitcoin’s historical post-rate-cut declines, he warns of a possible slump toward $2 in August. A break below $3.50 signals increased downside risk. Traders should weigh bullish price predictions against heightened market risk and watch both technical setups and regulatory developments for trading opportunities and risk management.

Record institutional demand lifted Ethereum ETF inflows to $2.12B last week, driven by Fidelity’s FETH ($126.9M), BlackRock’s ETHA ($102M), Grayscale’s ETH ($54.9M) and Bitwise’s ETHW ($13.1M). Only 21Shares’ CETH saw a minor $0.4M outflow. Over a 12-day span, Ethereum ETF inflows topped $3.53B, outpacing Bitcoin ETF inflows. Conversely, spot Bitcoin ETFs recorded $131.4M ETF outflows on July 21, led by Ark Invest’s ARKB ($77.5M), Grayscale’s GBTC ($36.7M) and Fidelity’s FBTC ($12.8M). Broader crypto funds saw $4.39B inflows, the highest weekly total on record, boosting assets under management to $220B. Altcoins also benefited: SOL ($39M), XRP ($36M) and SUI ($9.3M). Traders should monitor Ethereum ETF inflows and Bitcoin ETF outflows as sentiment indicators amid strong market liquidity.

Block’s share price jumped on growing expectations of its S&P 500 inclusion, driven by its $50 billion market cap and strong revenue growth from Cash App’s Bitcoin trading and merchant services. Anticipation of passive fund inflows from ETFs and pension funds lifted trading volume and liquidity. Analysts highlight Block’s improving margins and compare the short-term rally to past index additions like Tesla and Nvidia. With official entry expected in mid-June, traders weigh riding momentum against profit-taking ahead of quarterly rebalancing. Block S&P 500 inclusion could boost institutional demand and support longer-term stability for this fintech stock.

XRP has gained momentum after Ripple and the SEC dropped all appeals, removing a key regulatory overhang. Analyst Random Crypto Pal cites this legal clarity, ETF inflows and historical consolidation patterns to support a parabolic move toward $29. Building on that, The Great Mattsby highlights a rare re-expansion of XRP’s monthly Bollinger Bands—a volatility signal last seen before the 2017 bull run—which historically preceded a 1300% rally. Currently trading around $3.53 and consolidating above critical Fibonacci support, XRP also shows robust on-chain metrics: daily transactions and wallet growth at multi-year highs, alongside increasing enterprise adoption via RippleNet and XRPL smart contracts. These converging signals underpin an upside target of $45, implying another potential 1300% surge. Traders should watch for a Bollinger Band breakout, manage risk amid macro factors, and consider both short-term breakout plays and longer-term positions.

XRP surged to a new all-time high of $3.66 after breaking above the key $3.40 resistance. The token stabilised around $3.49 following the rally, driven by growing institutional confidence. Whale transfers above $70 million and XRP futures open interest topping $10 billion underline the increasing market depth. The momentum follows the US Genius Act’s enactment on July 18, providing clear crypto and tokenised asset regulations. Ripple’s enterprise payments network and its upcoming RLUSD stablecoin stand to benefit from the new framework, reinforcing XRP’s real-world settlement use case across central bank and cross-border platforms. This rally also highlights long-term gains for disciplined investors. One trader’s $10,000 XRP purchase in 2019 has grown to $186,000 after steadfast HODLing through market swings. Analysts now eye price targets between $4.80 and $7.00, suggesting further upside. Traders should consider both short-term breakout potential and structural gains driven by regulatory clarity, while maintaining a patient, strategic HODL approach.