Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Charles Schwab reported a 14% rise in client assets to $10.76 trillion and a 23% jump in trading revenue to $952 million in Q2. CEO Rick Wurster said Schwab will soon offer direct spot trading for Bitcoin and Ethereum on its unified platform. Clients holding $25 billion in crypto via exchange-traded products can trade Bitcoin (BTC) and Ethereum (ETH) alongside stocks, bonds and ETFs. Schwab also plans to issue its own stablecoin, partnering with major banks on a consortium while evaluating independent launch options for its stablecoin project. This spot trading expansion follows clearer U.S. rules on stablecoins and relaxed banking regulations, reinforcing Schwab’s challenge to existing crypto exchanges. The firm added over 1 million new retail and advisory accounts this quarter. The move aims to capture growing institutional demand—surveyed at 83% planning larger crypto allocations by 2025—and retain affluent investors who currently split crypto holdings across multiple venues.

XRP price recently surged to a three-year high near $3.66, driven by bullish technical indicators. The XRP dominance (XRP.D) faces key resistance at 5.5%; past breaks here led to 2× gains, suggesting $7–$10 targets. A bull pennant on the monthly chart adds long-term upside toward $18–$20 if XRP closes above its $2.55 trendline. A new CME Group report highlights XRP’s active price movements and low correlation with Bitcoin and stock markets. Search volume on Google and YouTube for XRP now tops Bitcoin and Ethereum, underlining its appeal for portfolio diversification. Analysts forecast XRP reaching $4.50–$5 by end-2025, assuming Bitcoin hits $140,000. While $10 is unlikely this cycle, controlled token releases reassure investors and keep higher targets in view. Competition from Solana (SOL), BNB and Cardano (ADA) may limit extended rallies. Traders should monitor Bitcoin’s next leg up, developments around an XRP ETF or Ripple IPO, and key technical levels for signs of the next breakout.

Analysts spot a symmetrical triangle breakout in XRP’s price, echoing the 2017 cycle and suggesting a 530% rally to $22.70 by August. ChartNerd’s monthly chart shows a breakout above key resistance along a 2017 trendline. Fibonacci extensions at 1.272 and 1.618 levels set XRP price prediction targets at $8.41 and $27.34, mirroring past extensions at $0.13 and $0.37. Trading near $3.25, XRP looks poised for bullish momentum. This XRP price prediction model uses recurring Fibonacci extensions and structured impulse waves, but traders should factor in market volatility, macroeconomic conditions and regulatory changes. This summary is for informational purposes and not financial advice.

Gold advocate Peter Schiff has sharply criticized recent cryptocurrency legislation, warning that President Trump’s push for Bitcoin and related bills like the GENIUS Act and CLARITY Act risk legitimizing a “decentralized Ponzi scheme.” Schiff argued that stablecoins authorized under the GENIUS Act cannot shore up a weakening U.S. dollar and that Trump’s proposed 401(k) crypto executive order could accelerate dollar decline and trigger a Bitcoin crash. Drawing parallels to the 17th-century Dutch tulip mania, he dismissed stablecoin initiatives as “nonsense” and described digital assets as a modern delusion distracting from sound, gold-backed monetary policy. Schiff’s remarks coincided with a market pullback, as Bitcoin fell 2% and major altcoins including ETH, XRP, BNB and SOL retraced gains.

Bitcoin retreated to around $118,000 after peaking at $123,000, failing to break the $120,000 resistance. The pullback erased over $100 billion from the crypto market cap, which fell from $4 trillion to $3.94 trillion. Bitcoin dominance dropped below 60%. Major altcoins also fell: Ethereum slid from $3,700 to under $3,600, XRP from $3.6 to $3.4, and SUI, ADA, SOL, LINK, XLM and HYPE saw notable declines. DOGE and ETC bucked the trend. Curve DAO Token (CRV) led weekly losses, down 9.94% to $0.9520 after a 50% rally. FARTCOIN, Sonic, SUI and Litecoin also retraced. High trading volumes on CRV ($493 M) and SUI ($2 B) suggest sustained interest. The gap between Bitcoin’s stability and altcoin weakness points to capital rotation and cautious sentiment. Traders should watch Bitcoin’s key resistance and support levels. They should also track liquidity and volume trends. Strategic risk management is advised to navigate potential further altcoin pressure.

On-chain data shows SharpLink Gaming ETH holdings have surpassed 358,000 ETH, valuing the portfolio at over $1 billion and making the NASDAQ-listed company one of the top corporate Ethereum holders. Since Q2 2023, SharpLink Gaming has amassed around 150,000 ETH by buying dips, including a recent purchase of 4,904 ETH on July 19 via Coinbase Prime. This sustained Ethereum accumulation highlights the company’s long-term confidence in ETH’s growth potential. The ETH accumulation at an average cost of $2,825 per token has generated an unrealized profit of about $260 million. By staking 99.7% of its reserves, SharpLink Gaming secures over 415 ETH in passive yield, reinforcing its staking yield strategy. The firm funded its crypto acquisitions through an at-the-market stock issuance, expanding share authorization from $10 billion to $60 billion and allocating $5 billion specifically for digital asset purchases. SBET shares have surged nearly 200% since early July, reflecting growing crypto market confidence. SharpLink Gaming ETH holdings may serve as a price support level during market fluctuations, underscoring rising institutional demand for Ethereum and blockchain gaming projects. Traders should monitor these support zones and staking rewards for potential trading opportunities.

Bitcoin rallied past $120,600 after former President Trump issued an executive order allowing 401(k) plans to invest in cryptocurrencies. This built on earlier SEC guidance that clarified compliance standards and spurred institutional inflows, with major asset managers filing for spot Bitcoin ETFs. Trading volume on spot exchanges jumped 20% week-on-week and futures open interest rose amid growing market optimism. Federal Reserve remarks supporting a July rate cut and positive stablecoin regulation talk weighed on the US dollar, further boosting digital assets. Analysts expect short-term consolidation but remain bullish medium-term, driven by ETF prospects, clearer rules and fresh institutional capital. Traders should monitor ETF developments, 401(k) implementations and regulatory updates for strategic entry points.

On July 17, 2025, the U.S. House and Senate passed the GENIUS Act, a landmark stablecoin regulation. The bill now awaits President Trump’s signature to become law by late 2026. The GENIUS Act establishes a national framework for U.S. dollar-backed stablecoins. Only licensed banks, credit unions and qualified fintech firms may issue compliant stablecoins. Issuers must hold one-to-one USD reserves, submit monthly third-party audits and operate under federal or state supervision. Algorithmic and non-dollar-pegged tokens are excluded. The law grants holders priority claims on reserves and bans issuers from offering interest. Non-compliant projects, including foreign stablecoins, face U.S. market bans after three years unless home-country rules match. Multi-agency oversight by the OCC, FDIC, Fed, NCUA and Treasury will drive implementation. Regulators have 120–180 days after signing to issue detailed rules, with full enforcement expected by the end of 2026. The clarity has already sparked a 9% XRP rally, as major firms like JPMorgan and Coinbase welcome the GENIUS Act as a catalyst for institutional stablecoin adoption.

Bitcoin price has pulled back from a record high of $123,200 to a low near $115,730. It now trades above $119,500 and the 100-hour simple moving average, entering a consolidation phase around $120,000. Bitcoin bulls have stayed firm, buoyed by a tenth straight day of ETF inflows—$799.4 million on Wednesday—pushing total flows since July 2 to over $5.2 billion. Price analysis shows immediate resistance between $120,000 and $120,200. A clear break above $123,218 could trigger a rally to $135,729 and even $150,000. On the downside, support rests at the 20-day EMA ($113,528), the 100-hour SMA near $119,000, and crucial floors at $115,500 and $110,530. Technical levels show the hourly MACD losing bullish momentum while the RSI remains above 50. Traders will monitor these technical indicators and resistance zones for a decisive breakout or potential pullback. Short-term trading is likely to range from $115,000 to $123,218, with a move above $120,064 signaling renewed bullish momentum.

Nasdaq-listed Bit Origin Ltd has opened a $500 million Dogecoin treasury, deploying $400 million in new equity and $100 million in convertible debt to build a DOGE reserve. After completing an initial $15 million tranche, CEO Jinghai Jiang aims to position Dogecoin as a global payment asset and boost DOGE holdings per share. Inspired by MicroStrategy’s Bitcoin ETF strategy, the Dogecoin treasury initiative will develop DOGE-based payment applications and miner services. The company plans to expand Dogecoin community partnerships and may issue additional debt to scale its reserve. Traders should watch for short-term volatility in BTOG stock, the completion of full financing, and longer-term demand pressures on DOGE. The move highlights growing institutional adoption and could enhance Dogecoin market stability and liquidity.

Ripple co-founder Chris Larsen moved about 5.5 million XRP (≈$7.7 million) to Coinbase on April 26. This comes amid over 106 million XRP transfers to exchanges since early 2024 for liquidity management. The transfers helped XRP climb first to a seven-month high and then surge over 8% to an intraday record of $3.89, lifting its market cap above $180 billion. On-chain volume jumped 35%, and Coinbase’s order books showed strong buy support between $3.50 and $3.80. Analysts attribute the rally to growing institutional interest, potential new listings, and legal clarity for Ripple. While large sell-offs could trigger short-term volatility, long-term prospects remain bullish, supported by expanding cross-border payment use cases and market demand.

Pakistan and El Salvador have formalized cooperation to advance Bitcoin adoption through a Letter of Intent signed by PCC Chairman Bilal bin Saqib and President Nayib Bukele in San Salvador. The pact outlines joint efforts in public Bitcoin adoption, financial inclusion and blockchain policy development. El Salvador will share its expertise in managing over 6,240 BTC (worth roughly $740 million) as a national reserve. Pakistan plans to use 2,000 MW of surplus electricity under its $7 billion IMF-backed program to build mining infrastructure. The agreement highlights digital economy growth, resource-saving solutions and upcoming talks on blockchain-based public services. This strategic alliance aims to strengthen financial innovation and provide a policy blueprint for emerging markets.

XRP/BTC breakout nears as the pair extends its rally past 35% this month, driven by rising volume, rounding bottom formations, and RSI overbought readings. Technical indicators signal the breakout is imminent, with key resistance at 0.000058 BTC poised for testing. This move follows a multimonth consolidation, whale accumulation, and outperforming Bitcoin, highlighting a bullish shift in the ongoing altseason rotation. Traders should watch resistance levels closely, confirming moves with stop-loss orders and volume spikes. If bullish momentum holds, XRP could revisit 2018 levels and push market cap targets into the $200–$258 billion range by year-end.

U.S. Ethereum spot ETFs attracted a record $727 million in net inflows in a single trading day, surpassing the previous $717 million high. Major issuers including BlackRock, Fidelity and Grayscale led the surge, driving total assets under management higher and pushing ETF holdings to over 5 million ETH, or more than 4% of the circulating supply. Inflows outpaced Bitcoin spot ETFs and equated to nearly 107 times Ether’s daily issuance. Traders attribute the spike to renewed optimism around upcoming network upgrades and a broader crypto market rally. The influx underscores growing institutional demand for Ethereum spot ETFs and may tighten supply, bolstering ETH price momentum.

Citi and JPMorgan Chase are accelerating their push into USD stablecoins and tokenized deposits. Citigroup CEO Jane Fraser confirmed plans for a “Citi stablecoin” alongside on-chain customer deposit tokens to enable faster, lower-cost cross-border settlements and institutional trading. JPMorgan is preparing to launch JPMD on its Base network, targeting blockchain-based deposit solutions. Both initiatives benefit from new regulatory clarity under the GENIUS Act. With the global stablecoin market valued at $257 billion and forecast to reach $3.7 trillion by 2030, crypto traders should watch for official filings, pilot programs, reserve management services, and custody rollouts as potential drivers of liquidity and market adoption.

Ethereum has rallied from April lows near $1,400 to trade around $2,900–$3,100, fueled by renewed spot ETF optimism from BlackRock and Fidelity applications. Its Layer-2 ecosystem, including Arbitrum, Optimism and Base, saw total value locked climb 40% since May. The upcoming Proto-Danksharding upgrade is expected to cut gas fees and boost throughput, reinforcing Ethereum’s DeFi and meme-Fi dominance. Meanwhile, Pi Network has amassed over 47 million users through lightweight mobile mining. With its open mainnet launch, Pi Apps and utility tokens aim to drive Web3 adoption in emerging markets. In the meme coin space, Ethereum-based FloppyPepe (FPPE) has raised $2.4 million in presales, offering deflationary mechanics and AI-driven DeFi tools. On Solana, Pengu (PENGU) remains active with fast, low-cost transactions, seasonal NFTs and viral social contests. As Bitcoin holds above $117K, traders are eyeing these altcoins for diversification and potential high returns.

Roman Storm, co-founder of Tornado Cash, launched a legal defense fundraiser as his trial began on July 14 in Manhattan federal court. Storm faces charges including conspiracy to commit money laundering and U.S. sanctions violations after the U.S. Treasury’s OFAC sanctioned the Tornado Cash crypto mixer in August 2022 for facilitating $455 million in transfers by North Korea’s Lazarus Group. His defense team filed a motion accusing prosecutors of using cherry-picked, unverified Telegram messages. The trial, initially set for two weeks, is now expected to span three to four weeks. Storm has raised $2.12 million of a $3.5 million goal for legal fees, expert witnesses and research, seeking $500,000 more in days. Major backers include Golem Foundation’s 50 ETH donation (~$150,000), Meta Cartel DAO and Paradigm’s $1.25 million commitment. The campaign spotlights risks for open-source code liability, crypto privacy tools and potential regulatory overreach.

US June CPI data due tonight could steer Federal Reserve policy and trigger a new Bitcoin and broader crypto rally. A drop below 2.4% may prompt earlier Fed rate cuts, boosting market liquidity and risk appetite. Bitcoin recently broke above $120,000, with analysts eyeing $130,000 by July-end, while Ethereum and XRP stand to benefit from clearer regulatory frameworks emerging during “Crypto Week”. On-chain metrics show a 14-year whale moving 20,000 BTC and a declining spot premium, signaling profit-taking but healthy futures support. Traders should watch the June CPI release, Fed cues and key digital asset bills in Congress, including the CLARITY Act, Anti-CBDC Surveillance State Act and GENIUS Act, as they shape short-term volatility and medium-term market trends.

MicroStrategy raised $472.3 million through common and preferred share issues to acquire 4,225 Bitcoin at an average price of $111,827, bringing its total holdings to 601,550 BTC at a $71,268 cost basis. The 8% convertible (STRK) and 10% (STRF, STRD) preferred shares were priced at a ~20% premium around $124, $125, and $95, offering quarterly dividends and $100 downside protection. TD Cowen upgraded MSTR from $590 to $680 and forecast Bitcoin could hit $155,000 by year-end (base case $128,000; conservative $55,000). Cowen also highlighted MicroStrategy’s “42/42 Plan” to raise $84 billion via equity and bonds to grow reserves to 900,000 BTC by 2027. The firm rated all three preferred classes “buy” with targets of $140 (STRK), $126 (STRF), and $112 (STRD), citing attractive yields and lower volatility compared to common stock or direct Bitcoin exposure. Traders may view these developments as bullish for MSTR and Bitcoin markets.

XRP price has rallied from the $2.50 support zone and is now testing key resistance at $2.85. Technical indicators show bullish momentum: the RSI has climbed above 60 on the 4-hour chart and the MACD has crossed into positive territory. Trading volume has increased on upward moves, signalling growing buyer interest. A close above $2.85 could clear the path to the $3.00 level and potentially to $3.20 or even the all-time high near $3.40. On the downside, support levels to watch remain at $2.70, $2.62–$2.55 (which flipped from resistance) and $2.50. Traders should consider placing stops near $2.65 to manage risk. Overall, as long as XRP price holds above these key supports, the outlook remains bullish for crypto traders.

Changpeng Zhao has formally rejected a Bloomberg report accusing Binance of coding, promoting and holding over 90% of the Trump-linked USD1 stablecoin supply. Bloomberg also claimed Zhao sought a U.S. presidential pardon after a $2 billion transfer with a UAE fund and that Binance played a key role in USD1’s launch. Zhao labels the article a “hit piece” full of factual errors, suggests it was backed by a competitor, and recalls Bloomberg’s 2024 apology for falsely calling Binance a Ponzi scheme. He has threatened legal action for defamation. This dispute unfolds amid growing crypto regulation, including the House GENIUS Act on stablecoins. Traders should watch the lawsuit’s impact on USD1 stablecoin market confidence and broader crypto regulation trends.

Ethereum (ETH) has reclaimed the $3,000 level for the first time since early 2025, with 79.96% of its supply trading above breakeven according to Santiment. This price recovery, paired with a two-day 8% gain and a 44% surge in volume to $41.36bn, underscores growing bullish momentum. BitMEX co-founder Arthur Hayes now predicts ETH could hit $10,000, driven by rising institutional adoption. Major firms such as GameSquare and SharpLink Gaming are investing hundreds of millions via treasury strategies. SharpLink’s purchase of 10,000 ETH—following the Ethereum Foundation’s OTC sale—confirms ongoing staking demand. While strong on-chain profitability may attract new inflows, traders should watch for resistance near $3,100 and potential profit-taking. Longer-term catalysts include expanding DeFi and NFT ecosystems and upcoming network upgrades. Traders should monitor on-chain metrics to navigate near-term volatility and capitalize on Ethereum’s optimistic outlook.

Cryptocurrency traders are pivoting from Dogecoin and major altcoins like SOL, DOT and ADA toward low-risk altcoins XRP and Mutuum Finance. XRP trades near $2.45, having broken the $2.28 resistance on regulatory clarity around Ripple’s US banking charter and rising institutional adoption in cross-border payments. Mutuum Finance’s Phase 5 presale at $0.03 per MUTM has sold around 70% of its tokens, raising over $12 million from 13,000+ investors. Phase 5 buyers stand to double their investment at a projected $0.06 listing price, while Phase 6 tokens at $0.035 offer further upside. The protocol’s dual lending models—Peer-to-Contract for stablecoins and Peer-to-Peer for volatile tokens—alongside an upcoming ETH-backed stablecoin, a 95-point CertiK audit, a $50,000 bug bounty and a six-phase roadmap underline its security and growth blueprint. Strong wallet inflows and presale momentum point to bullish sentiment, positioning XRP and MUTM as top low-risk altcoins for traders.

During House Crypto Week, Republicans advanced major crypto regulation bills, including the GENIUS Act for stablecoin oversight, the Anti-CBDC Surveillance State Act, and the CLARITY Act to define market structure. Democrats remain split between consumer protection and innovation priorities. Upcoming hearings with SEC Chair Gensler, Treasury Secretary Yellen, and Fed Chair Powell will cover stablecoins, digital assets, and a potential digital dollar. Senate leaders Tim Scott and Cynthia Lummis plan bipartisan talks to finalize reforms by September. Traders should monitor these developments: clearer crypto regulation could boost market confidence, but partisan disputes may delay implementation.

Bitcoin surged to a record $117,647 this week after the U.S. delayed new tariffs until August 1 and the EU abandoned its digital tax plan under U.S. pressure. The potential EU-US trade deal reduced geopolitical uncertainty and fueled institutional inflows and bullish derivatives flows, pushing Bitcoin into price discovery. Altcoins also rallied: Ether broke $3,000 on rising ETF demand and eyed $3,500, while XRP topped $2.70 on strong momentum. On-chain data show profit-taking in BTC and ETH, slower in XRP; whale wallets continue to accumulate Bitcoin as small holders trim positions. Traders may consider long entries on positive MACD signals, watching key support and resistance levels. Market participants will monitor the final tariff deadline and trade deal terms, which could further lift the cryptocurrency market if they confirm a stable regulatory framework.

Coinbase has integrated real-time crypto data into Perplexity AI’s Comet browser extension. The collaboration embeds live prices, charts and the COIN50 index directly into AI search results. In the next phase, Perplexity’s AI will leverage Coinbase market data to deliver instant trading signals and detailed market insights. Perplexity AI, backed by Nvidia and Databricks and valued at $14 billion, serves over 10 million users. Future features will include automated order execution, asset management and token trend analysis. This real-time crypto data integration streamlines access to market information and supports informed trading decisions.

US Treasury and IRS have officially repealed the controversial DeFi broker rule that would have forced decentralized exchanges and noncustodial wallets to collect and report user identities and transactions on 1099 forms under new crypto tax requirements. Invoking the Congressional Review Act in March 2025, Congress voted to remove the rule from the Code of Federal Regulations, and President Trump signed the repeal in April, restoring pre-rule text. The original IRS directive, rushed out in December under the 2021 Infrastructure Act, treated DeFi front-end providers like traditional brokers, classifying trades as gambling winnings or royalties and triggering privacy concerns and technical impracticality. The repeal offers significant regulatory relief for the DeFi sector, reduces compliance burdens, and is likely to boost DeFi trading activity and market confidence, signaling an end to the crypto tax debate and underlining a more crypto-friendly stance from US authorities.

Bitcoin surged to a record $112,017, marking a new all-time high. This breakout follows a bullish cup-and-handle pattern and a green shift in the Fear & Greed Index after consolidation near $108,000. Traders noted $1.04 billion in Bitcoin ETF inflows and $234 million in shorts liquidated, hinting at a potential $1.6 billion short squeeze if BTC nears $155,000. Institutional support has strengthened. BlackRock and other major firms have ramped up Bitcoin products, while executives like Michael Saylor foresee a path to $1 million with regulatory backing. Corporate adopters such as GameStop and Trump Media also plan substantial Bitcoin exposures. Against this backdrop, five tokens stand out as high-risk, high-reward plays: SNORT, HYPER, HEXY, BEST and AP. Each offers low entry points, staking rewards or unique use cases. Traders should conduct thorough research before investing.

Spot crypto ETFs posted strong inflows as Bitcoin ETFs added 1,827 BTC (~$120M) and Ethereum ETFs gathered 76,940 ETH (~$290M). Simultaneously, BlackRock purchased $158.6M worth of ETH, raising its total holdings to $4.45B (1.5% of circulating supply) as part of a $1.5B acquisition spree over two months. BlackRock-led spot ETH ETFs accounted for $158.6M of the $211.3M total Ethereum ETF inflows, with Fidelity’s FETH and Grayscale’s ETH ETFs contributing $29.5M and $18M respectively. Overall spot ETH ETF inflows have continued for eight weeks, totaling over 61,000 ETH and $830M in the past 30 days. Other major institutional buyers include SharpLink Gaming (176,271 ETH) and Bit Digital ($254.8M). On-chain data shows increased whale accumulation, echoing patterns from 2016–17. ETH, trading near $2,787 (+6% in 24h), remains below $3,000. Traders view sustained ETF inflows and institutional purchases as bullish signals, potentially driving further price gains and market stability.