Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

President Trump announced a US-Japan trade deal imposing a 15% tariff on Japanese cars and auto parts, down from a previously proposed 25% rate and applying equally to vehicles and components. Last-minute negotiations boosted Japan’s investment commitments from $400 billion to $550 billion. While Trump claims the deal will support hundreds of thousands of US jobs, domestic automakers face a 25% tariff on parts from other countries, making finished Japanese imports more competitive. Crypto traders should monitor equity market volatility and safe-haven flows into cryptocurrencies, as this US-Japan trade deal intensifies trade tensions, disrupts global supply chains and impacts fiscal outlooks.

PNC Bank has partnered with Coinbase to launch integrated cryptocurrency services via Coinbase’s Crypto-as-a-Service (CaaS) platform. The PNC Bank Coinbase partnership allows customers to buy, sell, and custody Bitcoin and other digital assets directly within their PNC accounts, leveraging Coinbase’s secure infrastructure. The move follows new federal crypto regulations and a stablecoin framework under the Trump administration, enabling banks to offer digital asset services. PNC will also provide traditional banking services to Coinbase, marking a shift in the banking industry’s approach to crypto that aligns with efforts by JPMorgan and Bank of America. PNC CEO William Demchak and Coinbase Institutional head Brett Tejpaul highlight growing demand for secure digital asset custody and robust security tools. Traders should watch this PNC Bank Coinbase partnership as a bullish catalyst, potentially boosting liquidity and mainstream adoption.

Bybit has partnered with Cactus Custody to launch Cactus Oasis, an off-exchange settlement layer that keeps funds in SOC 2-audited cold storage until trade execution on Bybit. This off-exchange settlement model eliminates pre-funded exchange accounts and cuts counterparty risk for institutional traders. The Cactus Oasis platform integrates hardware security modules (HSM), multi-party computation (MPC) and decentralized key recovery with a 3-of-5 threshold signature scheme across Ethereum, BNB Chain, Solana, Bitcoin and Avalanche. It offers on-chain and offline signing, dual-authorization workflows, real-time compliance checks, liquidity buffer accounts and cross-platform key management, alongside NFT custody. Scheduled to go live on July 28, 2025, Cactus Oasis targets hedge funds and proprietary trading firms deterred by capital inefficiencies and exchange solvency concerns. Bybit’s off-exchange settlement with Cactus Custody also addresses regulatory best practices and aims to rebuild trust after the $1.5 billion Lazarus Group hack, streamlining institutional custody and execution processes.

JPMorgan Chase plans to launch crypto-backed loans against Bitcoin (BTC) and Ethereum (ETH) by 2026. The service will let ultra-high-net-worth and institutional clients borrow against actual BTC and ETH holdings without selling assets. Instead of holding collateral on its balance sheet, JPMorgan will partner with licensed custodians such as Coinbase Prime and Anchorage Digital. This move builds on existing loans secured by crypto ETFs like BlackRock’s IBIT and follows the GENIUS Act. The act provides a clear regulatory framework for tokenized assets, stablecoins, and custody. As of May 2025, the crypto-backed loans market has rebounded to $39 billion from $9.6 billion in late 2022. JPMorgan plans conservative loan-to-value ratios of 30–50%, with real-time monitoring and automated liquidation triggers to manage volatility and compliance risks. If launched, JPMorgan would be among the first major U.S. banks to offer direct BTC and ETH-backed loans. This could legitimize crypto-backed loans, boost market liquidity, and prompt competitors like Goldman Sachs and Citibank to follow.

Ethereum spot ETFs recorded a record $2.18 billion inflow last week, marking a 12th consecutive day of net subscriptions and outpacing Bitcoin ETF outflows. The surge lifted ETH above $3,700, its highest level since January. Technical indicators, including a descending broadening wedge near $3,741, point to a potential bullish breakout. Five major issuers—VanEck, Invesco, ARK 21, WisdomTree and Fidelity—filed SEC amendment proposals to enable in-kind creation and redemption, boosting ETF efficiency. Ethereum also retains a dominant $125.9 billion share of the stablecoin market. Institutional confidence is growing: gaming firm SharpLink has allocated over $1 billion to ETH and plans to stake its holdings, while public companies integrate ETH into their treasuries. Bitcoin critic Peter Schiff called the rally a “bubble” and urged traders to swap ETH for BTC. Contrasting this, analysts forecast Ethereum could reach $8,000–$10,000 on sustained institutional demand and ETF approval progress. Traders should watch ongoing ETF inflows, SEC developments and key technical levels to assess short-term momentum and long-term growth.

U.S. markets closed mixed, with the S&P 500 flat, the Nasdaq Composite down 0.4% and the Dow Jones up 0.4%. Tech sector weakness weighed on the Nasdaq, while energy and industrial stocks lifted the Dow. In contrast, Bitcoin rose 1.97%, driving a broader crypto market rally. Traders noted the divergence between equity indices and digital assets. Ongoing volatility and shifts in risk appetite signal cautious investor sentiment ahead of key economic data. Crypto traders should watch for spill-over effects from U.S. market trends on Bitcoin price movements.

Bitcoin price continues to gain bullish momentum, testing resistance near $120K after peaking at $123K. Polymarket’s decentralized poll shows 36% of participants expect Bitcoin price to surpass $125K by July 31, with smaller shares betting on $130K and above. Institutional demand remains strong – Trump Media & Technology Group now holds over $2 billion in BTC – while retail growth, a stable labor market, and easing inflation expectations support market sentiment. The newly enacted GENIUS Act clarifies stablecoin regulation, mandating full USD or Treasury backing, regular reserve reporting, and KYC checks. Traders should watch the $125K resistance level, monitor inflows, and assess stablecoin policy as key catalysts for short-term volatility and a potential continuation toward $130K–$139K, or a pullback risk to $110K.

MicroStrategy has launched an IPO of 5 million Series A Variable-Rate Perpetual Stretch Convertible Preferred Shares (STRC Preferred Stock) with a $100 face value. Each STRC Preferred Stock share pays a monthly dividend at an annual rate starting at 9%, adjusting monthly to maintain parity near $100—akin to a synthetic stablecoin. Proceeds will fund operations and additional Bitcoin purchases, following MicroStrategy’s $4.2 billion at-the-market equity raise. Immediately after the STRC announcement, the company bought $740 million of Bitcoin at an average price of $118,940 per coin. Analysts call the STRC Preferred Stock a novel channel for converting fiat into Bitcoin, expecting it to broaden institutional inflows and support stronger demand. While the perpetual structure and dividend variability add complexity, the offering blends traditional finance with digital assets and could boost Bitcoin liquidity and corporate treasury adoption.

Trump Media and Technology Group (TMTG) has amassed a $2 billion Bitcoin treasury as part of its corporate treasury strategy. This allocation, together with $300 million in BTC options, now represents two-thirds of its $3 billion liquid asset base. CEO Devin Nunes says the Bitcoin treasury strategy will safeguard the company’s financial independence and counter banking discrimination. TMTG plans to continue building its Bitcoin position, converting options into spot BTC when market conditions allow. The strategy also backs a planned utility token on the Truth Social platform. The move follows a prior $2.5 billion funding round and public support from former President Trump. Announced alongside new US crypto regulation measures, including the GENIUS Act and an upcoming White House report on federal Bitcoin holdings, this development underscores rising institutional adoption. Traders should watch how escalating corporate Bitcoin treasury strategy demand and regulatory shifts impact BTC markets.

Bitcoin remains under key resistance, consolidating after a pullback from recent all-time highs. Its market capitalization hovers around mid-trillion levels, while Bitcoin dominance has fallen from 59% to 42% amid a broad altcoin rally. Altcoins reversed earlier losses to spark a fresh rally, driven by gains in Ethereum (ETH), Solana (SOL) and Cardano (ADA). Secondary tokens such as PI and KAS also outperformed, defying wider market consolidation. The total crypto market cap has retraced by tens of billions of dollars but remains near the $4 trillion mark. Traders are split between seeing the altcoin rally as a sign of diminishing Bitcoin grip and a temporary pause before a potential Bitcoin breakout. Analysts suggest that if Bitcoin clears key resistance, it could accelerate towards higher price targets by year-end. Conversely, a failure to hold support levels may trigger a broader market correction.

On Hyperliquid, whale AguilaTrades closed a $3M ETH long at a loss before opening a $200.5M Bitcoin long with 20x leverage. He funded the Bitcoin long with a fresh 5.28M USDC deposit. This shift highlights his strong bullish stance on Bitcoin’s near-term price dynamics. High-leverage trading can amplify price swings and impact funding rates. Traders should monitor BTC open interest and funding rate shifts. Retail traders are advised to set stop-loss orders, avoid excessive leverage, and diversify positions to manage liquidation risk.

UK authorities, led by the Financial Conduct Authority (FCA) and the Metropolitan Police, seized seven unlicensed crypto ATMs in London and detained two suspects on suspicion of money laundering. The FCA confirmed that no crypto ATMs are legally registered in the UK, making any operation a criminal offence under anti–money laundering (AML) regulations introduced in 2021. FCA enforcement director Therese Chambers warned operators of serious penalties. Globally, regulators are tightening rules: Wisconsin lawmakers proposed a bill to mandate clear fee disclosures, accurate exchange rates and scam warnings at crypto kiosk sites, while Grosse Pointe Farms in Michigan has adopted local ATM regulations despite having none on its streets. Traders should watch this trend closely as heightened crypto ATM regulation may reshape liquidity access and compliance standards.

Citadel Securities has urged the SEC to halt tokenized stocks, warning that rushing them into the market could confuse investors and unfairly advantage certain firms. The trading firm demands a formal rulemaking process with public input before approving any tokenized stocks. Meanwhile, SEC Chair Paul Atkins is exploring an “innovation exception” to foster crypto-based securities and has backed new stablecoin legislation requiring dollar-for-dollar reserves in low-risk assets. The US House recently approved the GENIUS Act, CLARITY Act and Anti-CBDC Surveillance Act, aiming to modernize financial infrastructure and clarify token rules. Industry supporters hail these moves as DeFi wins, but critics like Senator Warren warn of insufficient consumer protections. Traders should note the push for regulation clarity may delay tokenized stocks but ultimately shape long-term market stability.

Bitcoin pulled back about 5%, trading near $118,000 as long-term holders increased profit-taking. On-chain metrics show the Spent Output Profit Ratio (SOPR) climbed above 2.5, while the Whale-to-Exchange Ratio signals growing sell pressure. However, SOPR remains below cycle-top levels around 4.0, suggesting limited distribution. In the derivatives market, Bitcoin futures open interest holds near $42 billion and funding rates stay positive, reflecting strong bullish sentiment. High leverage raises liquidation risks. Key support sits at $116,000 and $107,000, with resistance near $122,000. Traders should monitor Bitcoin’s SOPR thresholds, whale flows, open interest, and funding rates to manage risk amid potential volatility.

On-chain data shows a WBTC whale realized roughly $75 million in profit by selling 700 Wrapped BTC over three days, while retaining 800 WBTC after originally acquiring 1,074 WBTC at an average price of $10,708 four years ago. The same WBTC whale has since opened $91 million in leveraged long positions on DeFi platforms—posting 342.21 WBTC as collateral on Aave to borrow $20 million stablecoins (entry $114,272, health factor 1.57, $963k unrealized gain) and a $50.93 million 10× BTC position on Hyperliquid (entry $109,655.2, $3.26 million floating profit). This dual strategy of profit-taking and aggressive leverage underscores a sustained bullish outlook on Bitcoin, reflects growing institutional demand for WBTC collateral, and suggests active risk management rather than a market top. Traders should watch WBTC whale movements, on-chain liquidity, and broader indicators to gauge potential price momentum.

Ethereum whales and institutional buyers have driven a decisive break above $4,100, confirming a weekly breakout from a descending broadening wedge. U.S. spot ETH ETFs recorded a $727 million inflow in mid-July. On-chain data shows exchange reserves falling to 19.7 million ETH, the lowest since early July. Net spot inflows of $70 million have moved ETH into private wallets, highlighting growing accumulation. Ethereum whales are increasing bullish activity. Aguila Trade closed its short positions and opened a $128 million long, now showing a $0.6 million unrealized profit. Another wallet withdrew 13,244 ETH (~$49.5M) from OKX to private storage. These moves signal reduced sell pressure and a looming supply squeeze. Technically, ETH trades above key moving averages within an upward channel. Elliott Wave analysis places Ethereum in Wave V, supporting a potential rally toward $7,200 and even $10,000 in the longer term. Short-term targets range from $6,700 to $7,200. Traders should watch for sustained volume, continued ETF inflows, and a successful retest of the $4,100 level to confirm further upside momentum.

Polymarket has agreed to acquire QCEX, a CFTC-licensed derivatives exchange, for $112 million to reenter the US market. The deal follows Polymarket’s 2022 exit after a CFTC warning and a DOJ probe that concluded with no charges. Backed by Polychain Capital and Placeholder and pending CFTC approval by Q3 2024, the acquisition leverages QCEX’s license to integrate Polymarket’s decentralized prediction market with a regulated venue. Polymarket aims to expand on-chain prediction markets for US users, enhance CFTC compliance, boost liquidity, and attract institutional participation.

Ether Machine is set to list on Nasdaq in Q4 2025 via a merger with SPAC Dynamix, raising $1.5 billion and securing 400,000 ETH on its balance sheet. Trading under ticker ETHM, the company will launch a yield-bearing Ethereum fund for institutional investors, deploying staking, restaking and DeFi strategies to deliver ETH-denominated returns. Co-founded by ex-Consensys executives Andrew Keys (Chairman) and David Merin (CEO), Ether Machine aims to become the largest publicly traded Ethereum-focused firm, simplifying institutional exposure to Ethereum and bolstering network security. The IPO could catalyse further inflows into Ethereum, reinforcing its market position and supporting long-term price growth.

Sequans Communications, listed on the NYSE, has added 1,264 BTC for $150 million at an average price of $118,659, doubling its total holdings to 2,317 BTC (≈$270 million). Since launching its Bitcoin treasury strategy in June, the semiconductor firm plans to keep buying BTC through equity and debt financing, operational cash flow, and IP revenue. It aims to hedge inflation, boost shareholder confidence, and enhance its NYSE profile. The move aligns with broader corporate adoption—public companies’ Bitcoin holdings rose 120% since July 2024. Institutional demand is rising: digital-asset ETFs saw record weekly inflows of $4.39 billion, lifting AUM to $220 billion. With over 273 firms holding Bitcoin and altcoins like ETH and SOL in focus, Sequans’ strategy underscores growing institutional demand and supports a bullish outlook for BTC.

Ethereum has rebounded sharply as institutional investors boost exposure and traders anticipate a U.S. spot ETF approval. Major asset managers filed for Ethereum ETFs and increased ETH futures purchases on CME. Net inflows into liquid staking products like stETH hit record highs, supported by staking yield and the upcoming Shanghai upgrade set to unlock billions in staked ETH. Ethereum’s Layer 2 ecosystem is also driving growth. Total value locked in Arbitrum, Optimism and Base has surpassed $30 billion, lowering gas fees and expanding DeFi, gaming and AI applications. Protocol upgrades such as EIP-1559’s deflationary issuance model and planned Danksharding will further enhance scalability. Traders should watch ETF approval progress, supply constraints from reduced issuance and staked ETH unlock timelines for potential catalysts. Bullish sentiment on Ethereum remains strong, backed by ETF prospects, institutional buying, Layer 2 expansion and key protocol upgrades.

Traders are targeting Layer 2 memecoin LILPEPE after echoing Solana’s historic 17,100% rally. In its Stage 6 presale, LILPEPE has raised over $6.8 million and sold 5.34 billion tokens at $0.0015 each. The Ethereum-based token features low fees, high speeds, sniper bot resistance, and a built-in Meme Launchpad for easy token creation. Listing on CoinMarketCap and upcoming CEX listings boost LILPEPE’s credibility and liquidity. Analysts predict LILPEPE could surge up to 21,000% to $0.316 by late 2025. Meanwhile, established memecoin Dogecoin (DOGE) holds a $30 billion market cap and has gained 76% in a year, while Cardano (ADA) has climbed 70%, backed by controlled inflation, smart contracts, and growing DeFi use. Crypto traders should track volume, price action, and project milestones for LILPEPE, DOGE, and ADA to identify high-risk, high-reward opportunities.

Custodian BitGo has confidentially filed an S-1 registration with the US SEC, marking the next BitGo IPO set to list on Nasdaq under ticker BGGO. The filing shows BitGo managed $25B in assets under custody last year, generated $235M in revenue (35% year-over-year growth), processed over $2T in transactions, and serves 450+ institutional clients. This follows its surge to over $100B AUC since early 2025 and recent EU MiCA approval, which expands its compliant digital asset custody services across the European Union. This surge underscores growing institutional demand for crypto custody solutions. The planned IPO will raise capital to enhance security, scale product development, invest in compliance, and boost global operations. Analysts view this BitGo IPO as a strong signal of institutional confidence, with BitGo’s valuation set to be benchmarked against peers like Coinbase and Kraken, potentially catalyzing further digital-asset listings and reinforcing momentum in the crypto custody sector.

Solana price has surged 34% over the past month to $193. A textbook cup-and-handle pattern on weekly and monthly charts signals a potential breakout to $4,800–$6,300. Analysts Robert Mercer and Trader Tardigrade highlight a confirmed handle breakout at $155 and key resistance at the $250 neckline, with a historical 61% success rate for this setup. On-chain metrics reinforce the bullish case: daily active addresses climbed 9% in 24 hours, daily transactions resumed a parabolic climb, and total value locked on Solana hit $10.3 billion—a six-month high and 63% gain since April. With SOL now commanding 6.28% of global DeFi TVL and up over 2,400% since its November 2022 cycle low, traders should watch volume confirmation and on-chain indicators to validate momentum and manage risk in both short-term entries and long-term positions.

Solana (SOL) surged past the $190 resistance level, triggering over $11 million in short liquidations and highlighting a thin sell wall as just 1.59% of SOL supply was bought above $189. The reduced resistance zone paves the way for further gains. Institutional investors poured $39.1 million into Solana products last week, driving trading volume to $8.18 billion and boosting market confidence. On-chain metrics — including active addresses, network fees and developer commits — also climbed, reinforcing bullish momentum. Analysts now view $185 as near-term support, with bulls targeting $200 if SOL holds above $190. A sustained SOL breakout could attract more capital to altcoins amid a broader risk-on crypto rally.

Mutuum Finance (MUTM) DeFi presale has sold 85% of its 4 billion token supply, raising $12.6 million in Phase 5 at $0.03 per token. A single whale invested $500,000 to lock in 16.67 million MUTM ahead of an expected 20% Phase 6 price bump to $0.035. The protocol’s dual lending model includes Peer-to-Contract (P2C) mtTokens—mtADA, mtETH and mtLINK—issued at 1:1 with 13% APY, and upcoming Peer-to-Peer (P2P) lending for meme coins like FLOKI, SHIB, PEPE and TRUMP at 50% LTV. Mutuum Finance plans to launch a decentralized stablecoin on Layer 2 with low fees and auto-staking mtTokens. Audited by CertiK (TokenScan 95, Skynet 77.5), the project also offers a $50,000 bug bounty and $100,000 token giveaway. With a potential $0.06 listing price and long-term targets of $0.60–$1.20 by 2026, MUTM’s presale momentum is set to drive bullish market activity.

Ethereum price has climbed to a seven-month high near $3,745, fueled by over 317,000 ETH withdrawn from exchanges since July. This ongoing supply squeeze underpins the rally and sets the stage for the next test. Glassnode’s on-chain analytics now pinpoint a major resistance zone at $3,877–$3,987, based on chip distribution metrics. A decisive break above this barrier could attract fresh buying. Failure to breach may trigger profit-taking and a short-term pullback. Primary support stands at $3,434. Traders should watch this level to gauge stability during market volatility. Additional downside targets lie near $3,530 and $3,131 if selling intensifies. On-chain indicators such as the NUPL ratio hint at rising optimism approaching the Belief-Denial zone. Monitoring Ethereum price around these resistance and support levels can improve trading decisions. Incorporating these metrics into trading strategies can enhance risk management and timing for entries, exits, and stop-loss placement.

An Ethereum whale initiated a bullish two-step move on Binance. First, the whale purchased 13,462 ETH for roughly 50 million USDT (about 3,714 USDT/ETH) using a newly funded wallet on Binance spot. The Ethereum whale then transferred 59,999 ETH (approximately $226 million) from HTX to Binance order books, according to on-chain data and Whale Alert. This ETH transfer tightens circulating supply while boosting Binance liquidity ahead of potential large buy or sell orders. Traders should monitor on-chain metrics, order book depth, and whale transfer patterns. Avoid panic selling and maintain a diversified portfolio to manage volatility risk.

The CoinDCX hack resulted in a $44 million security breach after attackers exploited an internal operational hot wallet. Blockchain investigator ZachXBT traced stolen funds as they were bridged from Solana (SOL) to Ethereum (ETH). CoinDCX CEO Sumit Gupta confirmed that no customer funds were affected, thanks to segregated cold wallets. The exchange isolated the compromised hot wallet and will absorb losses from its treasury reserves. CoinDCX has enlisted cybersecurity experts to track and recover stolen assets, block suspicious addresses, and urged traders to avoid panic. In response to the CoinDCX hack, the platform will launch a bug bounty program and strengthen security protocols. Following last year’s $235 million WazirX exploit, this incident highlights ongoing risks for crypto exchanges and the importance of robust security.

The UK government plans a Bitcoin sale of over $2.5 bn in seized BTC by mid-2024 to help cover a widening budget deficit. Managed by the National Crime Agency, these digital assets were confiscated from money laundering and fraud investigations. Proceeds will be directed to HM Treasury. This Bitcoin sale will be conducted through phased auctions and over-the-counter (OTC) deals to limit market volatility. Officials highlight benchmarks such as the US Department of Justice’s Bitcoin auctions. Earlier efforts to award a sales management tender failed after no firms bid for the contract. Traders should watch for heightened sell-side pressure on BTC prices and monitor the staggered release schedule. Closer UK–US regulatory cooperation may influence market stability. This landmark seized Bitcoin sale underscores growing government use of crypto assets for fiscal management and could set a global precedent.