Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

An IMF program review report shows El Salvador has not bought new Bitcoin since February 2025 to comply with a non-accumulation clause in its $3.3 billion IMF loan agreement. Contrary to President Bukele’s claims of daily purchases, Bitcoin holdings remain at around 6,243 BTC, with observed transfers reflecting Chivo wallet consolidation rather than fresh reserves. El Salvador provided all hot and cold wallet addresses for IMF monitoring and is restructuring its crypto strategy to reduce fiscal risks. Traders should note that halted Bitcoin accumulation may temper demand signals and influence short-term market sentiment.

XRP price has surged to a record $3.65, marking the latest leg in the XRP rally. The token overtook USDT to become the third-largest cryptocurrency, with a market cap near $208 billion. An ascending channel on XRP’s weekly chart signals strong bullish momentum for the XRP rally. After breaking the lower trendline, XRP reached its new peak and follows a pattern of higher lows and highs since 2024. Analyst John Squire notes a similar 36-week pattern that previously delivered 6× gains. Crypto analyst Steph Is Crypto forecasts a rally to $16 by September—a 338% jump—if broader market support continues. To mirror this rally, XRP would need a $1.2 trillion market cap—three times Ethereum’s valuation—and sustained buy-side liquidity in the hundreds of millions. Currently, a 2% price move on Binance requires over $12 million in buy orders. Trading volume dipped 15% in 24 hours as XRP consolidates near current levels. Traders should watch for volume spikes and trendline retests to time entries. Institutional demand may grow after Thumzup Media’s $250 million crypto investment, including XRP, ETH, SOL, DOGE and LTC, while analyst Lark Davis warns cap and liquidity barriers could limit upside beyond $4.5.

The U.S. Congress has passed the Genius Act, authorizing the federal issuance of a digital dollar CBDC on-chain and establishing a regulatory framework for stablecoins. Under the Act, the Treasury and Federal Reserve gain authority to issue and manage a U.S. dollar CBDC, counter China’s digital yuan, and enhance payment efficiency. The law also certifies approved stablecoin issuers—such as USDC, regulated USDT and major tech companies—setting reserve standards, asset verification requirements and anti–illicit finance measures. Traders should monitor regulatory approvals, cross-border stablecoin flows and the rollout timeline for the digital dollar. The Genius Act could drive hyper-dollarization in emerging markets, reshape DeFi lending and shift global capital flows as markets price in broader CBDC adoption.

Bitcoin has entered a consolidation between $115,700 and $122,000 as it forms a Bitcoin golden cross, with the 50-day moving average crossing above the 200-day, a pattern that preceded rallies of 139% in 2016, 2,200% in 2017 and 1,190% in 2020. The growth-rate indicator (Market Cap/Realized Cap) and 12-hour chart show bullish moving-average alignment—50-SMA above 100 and 200-SMAs and support holding near $115,700. Volume remains muted, suggesting range-bound trading as traders eye a close and retest above $120,000 to confirm a breakout. While past golden crosses in 2021 and 2023 led to more modest gains, dwindling supply, growing demand and institutional interest support a potential parabolic rally. A decisive break above $122,000 could drive BTC to new highs, whereas failure to hold key supports risks retracement toward $112,000–$110,000. Traders should watch for confirmation of the Bitcoin golden cross and macro developments to gauge the strength of the bullish continuation.

Ethereum price rallied above $3,700, marking a 4.16% intraday gain. Trading volume and futures open interest spiked, indicating strong market participation. The surge was driven by growing institutional inflows, optimism around upcoming network upgrades and expanding DeFi activity. Key support stands at $3,600, with resistance near $3,800. Traders should maintain disciplined risk management, including stop-loss orders, to capture further upside while protecting against pullbacks.

An Ethereum whale executed a $46.05 million BTC-to-ETH cross-chain swap via a major DEX, converting Bitcoin into ETH. The whale then added 649.62 ETH (about $1.5 million at current prices) to its holdings. This accumulation underscores growing institutional interest and strategic asset diversification amid advancing blockchain interoperability. Traders should monitor Ethereum whale activity closely, as such large inflows can boost ETH price stability, increase trading volumes, and signal bullish momentum.

The US House passed three landmark crypto bills, including the GENIUS Act on stablecoin regulation. President Trump has now signed the GENIUS Act, establishing a federal framework for US-dollar-pegged stablecoins. The GENIUS Act mandates strict 1:1 dollar reserves, regular transparency disclosures, AML compliance and cross-platform interoperability under SEC and CFTC oversight. Ripple CEO Brad Garlinghouse likened the GENIUS Act to post-2008 financial reforms, praising its bipartisan backing and much-needed regulatory clarity for blockchain firms. Ripple’s stablecoin RLUSD stands to benefit directly. Meanwhile, the CLARITY Act and Anti-CBDC Surveillance State Act, which define token classifications and block a Fed digital currency, await Senate review. Traders should monitor implementation details, evolving SEC/CFTC rules and emerging DeFi products. Regulatory clarity may drive fresh liquidity into Bitcoin, Ether and other markets.

Stellar XLM has extended its rally, surging 63% this week and achieving 80–120% gains in July after breaking above a multi-year resistance level. The rally boosted Stellar XLM’s market cap to $15.6 billion, positioning it to reclaim a top-10 ranking by overtaking TRX and ADA. Strong fundamentals, growing adoption, network upgrades and strategic partnerships are driving momentum. Price correlation with XRP persists but XLM’s independent strength underscores its expanding market role. Traders are watching for a sustained monthly close above $1 as confirmation of a long-term uptrend, while maintaining disciplined risk management amid crypto volatility. Monitoring market cap shifts, ecosystem developments and broader altcoin activity will be key for capitalising on this bullish trend.

The UK Home Office is preparing to sell 61,000 seized Bitcoin, valued at about $7 billion, to help close a £20 billion budget gap driven by higher borrowing costs and sluggish growth. These assets originate from a 2018 Chinese Ponzi scheme and are managed under a new crypto custody framework. BlueLight Commercial launched a tender for a centralized service to secure and liquidate these frozen currencies, with a potential contract value of up to $53.7 million over four years. No bids met requirements, exposing challenges in custodial expertise. Legal and logistical hurdles—including victim restitution, international claims, frozen wallets and pending appeals—could delay or reduce proceeds. Under UK rules, authorities may retain 20–30% of recovered assets for law enforcement and government funds. Traders should monitor execution risks and potential market pressure from this large-scale Bitcoin sale. Uncertain timing and sale size may influence Bitcoin market dynamics, recalling past criticisms of forced asset disposals, such as the 1999 UK gold reserve sale.

World Liberty Financial’s WLFI token will begin trading in September on both centralized exchanges (CEX) and DeFi platforms after a 99.94% community vote. Initially non-transferable, community-held WLFI tokens will enter price discovery, trading at $0.16 premarket and implying a $16 billion fully diluted market cap. To date, 25% of supply (25 billion tokens) has raised $550 million. Company and team tokens remain locked, with future unlocks governed by transparent community votes. The project plans strategic partnerships, exchange listings and a fair unlock schedule to boost liquidity, market transparency and long-term sustainability under stakeholder-driven governance.

Veteran trader Peter Brandt spotlights Stellar (XLM) as highly bullish, citing a weekly flag breakout—its largest candle in a year—and multi-year ascending triangle with cup-and-handle formations. XLM surged over 70% in one week, trading around $0.50 as of July 19 (up 120% since early July). Brandt stresses that XLM must defend its April low at $0.20 and decisively close above $1 on the monthly chart to confirm a long-term breakout and unlock a rally toward his $7.20 target. Fundamentals bolster the technical case: July’s Protocol 23 upgrade enhances smart-contract performance and lowers fees, PayPal’s stablecoin PYUSD will integrate for near-instant cross-border transfers, and over $445 million in real-world assets have been tokenized on Stellar. Traders should monitor key support levels, the $1 resistance pivot, and broader altcoin trends to gauge whether this bullish momentum can sustain.

Mutuum Finance crypto presale phase 5 has raised $12.7 million and is 80% sold at $0.03 per token. Phase 6 launches at $0.035. This success builds on a bullish DeFi backdrop as the global crypto market cap tops $4 trillion. The non-custodial lending protocol issues mtTokens for yield and plans an Ethereum-based USD stablecoin. A $50,000 CertiK bug bounty and $100,000 token giveaway boost confidence. Whale wallets have added large stakes, with $200,000 inflows in 24 hours. Meanwhile, the SUI rally has spurred a 44% July gain and pushed TVL above $2.3 billion. Institutional funds from Valour and DeFi Technologies total $80 million. A Lagos innovation hub is set to expand the SUI developer ecosystem. This Mutuum Finance presale and SUI rally signal a bullish altcoin opportunity for crypto traders eyeing 2025 gains.

After surging to a $122,838 all-time high on July 14, Bitcoin price faced sell-off at the second Alpha Price resistance around $123,370. On-chain data shows investors defending profits at that level, and a large whale transfer on July 17 added to the pressure. Hourly chart analysis on TradingView revealed a bearish Quasimodo Level (QML) in the $119,000–$121,000 zone. Bitcoin’s failure to reclaim this zone confirmed a bearish market structure. Immediate support lies at $116,000, with a deeper pullback to $113,600 possible if the QML zone remains out of reach. This bearish outlook also weighs on altcoins. XRP, after peaking at $3.65, is correcting toward $3.45. Ethereum climbed above $3,600 and is now consolidating near $3,500. A drop below $116,000 may trigger broader liquidations across the crypto market. Traders should monitor Bitcoin price action around the $116,000 and $113,600 support levels. A decisive break above $123,370 is needed to restore bullish momentum and target a potential rally toward $143,000.

Bitcoin ETF inflows extended a six-week surge, adding over $2.3 bn this week to reach $15 bn in recent weeks, driven by products from BlackRock, Fidelity and Grayscale. Bitcoin remains range-bound near $118,200, forming a bullish pennant above its 50- and 100-day moving averages. Factors fueling inflows include hedging demand amid US debt concerns, inflation risks, new stablecoin regulations and potential retirement fund allocations. Technical analysis shows firm support at $114,000–$115,600. Analyst Markus Thielen forecasts Bitcoin will briefly consolidate at $133,000 before climbing to $160,000 by late 2025, taking its market cap to $3.2 trillion. Traders should monitor ETF purchase volumes, support levels, funding rates and open interest to gauge the trend.

Litecoin price regained momentum, rallying to $112 before pulling back to $101. The altcoin must reclaim support at $107 to sustain its bullish trend. On the weekly chart, the 21-day SMA remains above the 50-day SMA, signaling continued upside. A confirmed double bottom pattern on the daily chart and record-high weighted funding rates highlight strong long sentiment. Whale wallets have grown holdings by 5.44% in the past 30 days, while spot exchanges saw $3.55 million in net outflows, reducing sell pressure. The recent pullback tested the 38.2% Fibonacci retracement, pointing to a potential target near the 2.618 extension at $175. Key resistance sits at $110 and $130, with support at $100, $60 and $40. Traders should watch price action around $107–$110 and monitor on-chain metrics to gauge the rally’s sustainability.

On July 19, blockchain data showed whale trader AguilaTrades booked an unrealized profit of $1.5 million by shorting Ethereum (ETH) at 15× leverage. He entered the position at $3,586.79 and faced a liquidation price of $3,837.40. His Bitcoin (BTC) short position using 20× leverage on $118.17 million notional value, opened at $117,807.30 and liquidated at $132,410, resulted in an unrealized loss of $350,000. In another leveraged trading example, a crypto whale opened 3× long positions on PUMP and LaunchCoin hoping for rapid gains but suffered combined unrealized losses of $3.77 million amid market volatility. These trades underline the double-edged nature of leveraged trading: they can amplify profits but also expose traders to significant margin calls and forced liquidations. Traders should enforce strict risk management, set clear liquidation thresholds, and monitor market volatility to navigate volatile conditions effectively.

SharpLink Gaming has expanded its Ethereum treasury to $1.3 billion after two $273 million ETH purchases. The firm raised its stock sale target from $1 billion to $6 billion to fund further Ethereum treasury accumulation through equity and potential debt issuance. On announcement, its shares initially dropped 20%, but after shifting to corporate crypto accumulation, SBET stock has surged over 330% since late May. Institutional buying remains strong: ETH prices dipped 2% in 24 hours but climbed 41% in two weeks amid major demand from treasury managers. Peers like Bit Digital added nearly 20,000 ETH, while Peter Thiel–backed BitMine Immersion surpassed $1 billion in ETH holdings. Traders should monitor how large-scale purchases affect market liquidity and potential price support for Ethereum.

PANews forecasts the stablecoin market will expand to $1.2 trillion by end-2025, up from $260 billion in mid-2023. Growth is driven by widening DeFi adoption, exchange liquidity needs and rising institutional demand for payment rails. USDT leads with over 70% market share, followed by USDC, BUSD and DAI. In Washington, the US House passed three crypto bills — the Stablecoin Oversight Act, the Digital Asset Market Integrity Act and the Blockchain Regulatory Clarity Act — to tighten reserve audits and compliance. The measures now head to the Senate, reflecting growing regulatory clarity that traders hope will underpin market stability. The news has coincided with a 10%+ rebound in Ethereum (ETH), trading near $3,500, alongside 15–18% gains in Solana (SOL) and Cardano (ADA), as optimism around spot ETH ETF approvals and clearer stablecoin regulations fueled a broader rally. Traders view these developments as bullish catalysts for crypto liquidity and asset demand.

On-chain analyst Joao Wedson, CEO of Alphractal, warns that heavy Bitcoin long positions and a sell signal from Alpha Quant, coupled with a BTC–altcoin decoupling on the Correlation Heatmap, could trigger a sharp market downturn within 24 hours. The rising Altcoin Season Index, which often precedes Bitcoin corrections, and intensified whale sell-offs have amplified sell pressure. Traders should brace for heightened volatility, a potential short-term price dip, and a possible Bitcoin intervention that may trap altcoin investors, while eyeing a new base formation ahead of any rally.

Bitcoin dominance dropped to 61.82% this week as Ethereum (ETH) and XRP captured the shift. Trading volume surged to $77.9 billion, signaling active capital rotation into altcoins rather than passive rebalancing. Bitcoin hit a record high of $123,091 before pulling back to around $118,000, recovering from a low near $108,273. On-chain data show a Satoshi-era whale moved over 40,900 BTC (≈$9.6 billion) to Galaxy Digital, fueling profit-taking. Chart patterns reveal bearish candles and high volume, highlighting strong selling pressure on BTC. Analysts expect a brief consolidation ahead of a potential melt-up into late July, driven by ETF inflows and sustained demand. Galaxy Digital’s Michael Harvey predicts further upside but warns of a possible 5–10% retracement if profit-taking intensifies or equities falter. Historical trends suggest that if Bitcoin dominance falls below 60%, a short but intense altcoin season could follow. Traders should watch the 60% level and monitor BTC price swings and macro factors that may reverse current alt momentum.

Ethereum Classic (ETC) extended its rally this week, surging as much as 38% from a breakout above $21.48 to a six-month peak near $25.59. Daily trading volume jumped over 230%–290% to more than $1 billion, lifting ETC’s market cap to roughly $3.9 billion. On the derivatives front, futures open interest climbed from $250 million to $313 million—the highest reading since November—while total derivatives volume topped $2.4 billion. Spot buy-sell delta readings were positive for two straight days, indicating stronger buyer demand, even as the long-short ratio remained below 1 amid some contrarian bets. Exchange netflow peaked at $10.37 million before easing, suggesting profit-taking by late buyers. Technical indicators on the 4-hour chart show ETC trading above its 20-EMA and middle Bollinger Band, with RSI and Stochastic RSI in overbought territory (86 and 100 respectively), warning of increased volatility. Immediate resistance lies at $26–$28, with a further target near $29; key support sits at $22–$23, or around $20.80 on a deeper pullback.

Bitcoin miner sales surged on July 15 as miners transferred 16,000 BTC to exchanges, marking the largest daily outflow since April. At the same time, overall exchange inflows jumped to 81,000 BTC, driven by whales offloading at the all-time high near $123,000. This spike in exchange inflows may add short-term supply pressure to the market. Meanwhile, Bitcoin price is consolidating between $115,730 and $123,230, with buyers defending the $115K support and sellers testing the $123K resistance. Despite these sell-offs, on-chain indicators remain healthy and analysts view the correction as temporary. In parallel, Ether exchange deposits previously hit nearly 2 million ETH—the highest since February—after a 131% rally since April. Traders should watch for a potential pullback before the next leg up, as fundamentals remain strong entering the second half of the year.

Crypto traders are eyeing a bullish XRP price prediction as the token shows strong technical and on-chain signals. After outperforming Bitcoin by 277% last year, XRP dominance is testing key resistance at 5.75%, with a breakout potentially triggering a “Kaboom Phase” and targets up to $5 in 2025 based on VRVP and Fibonacci analysis. A Golden Cross and active MACD buy signal add to the bullish momentum, supported by increased whale accumulation. Technical analyst Steph_iscrypto projects that XRP is entering the fifth wave of a five-wave Elliott Wave structure. Wave 3 peaked at $3.39, and Wave 4 retraced to $1.64 before the current uptrend began. This Elliott Wave-based XRP price prediction expects a parabolic rally to around $12—a near 250% gain—over the coming months, though traders should watch for accelerating momentum and profit-taking as the wave matures. Overall, this combined XRP price prediction outlook points to a strong upward trend. Key levels to monitor include the $3.66 resistance, the 5.75% dominance zone, and Fibonacci targets near $5 and $12. Traders should manage risk by tracking momentum indicators and on-chain metrics.

JPMorgan analysts report that UK, EU and Singaporean regulators are increasingly favoring tokenized bank deposits over private stablecoins like USDT and USDC. Backed by central bank reserves, these tokenized bank deposits maintain a 1:1 fiat peg, benefit from existing deposit insurance and promise lower systemic risk. As tokenized bank deposits gain regulatory support, adoption of bank-issued digital tokens is poised to accelerate, potentially drawing liquidity away from major stablecoins. Past incidents—such as TerraUSD’s 2022 collapse and USDC’s temporary depeg during the Silicon Valley Bank crisis—underscore vulnerabilities in privately issued stablecoins. JPMorgan is readying a dual strategy: testing its permissioned tokenized deposit coin (JPMD) on the Base blockchain for instant interbank settlements and engaging in stablecoin industry groups to explore cross-border payments and capital markets use cases. Crypto traders should monitor the rollout of tokenized deposit platforms and prepare for shifts in stablecoin market dynamics.

Adrian Fritz, head of research at 21Shares, expects Solana (SOL) to outpace Ethereum (ETH) in 2024, forecasting an 89% rally from $178 to $337. He highlights Solana’s Proof-of-History consensus, low transaction fees and agile, business-focused developer community. Meanwhile, Ethereum may reach a new high but is unlikely to hit $10,000 this year, supported by Proto-Danksharding and Layer-2 upgrades. Robinhood’s planned Ethereum Layer-2 solution and Kraken’s tokenized stock product launch on Solana underscore growing institutional interest. Recent meme coin surges on Solana have boosted liquidity and network activity, though centralization concerns and past outages remain risks. Crypto traders may balance portfolios by combining Ethereum’s stability with Solana’s growth potential.

MEI Pharma, a Nasdaq-listed biotech firm, has launched a $100 million Litecoin treasury plan to diversify its assets. The strategy, led by Titan Partners and GSR, is backed by the Litecoin Foundation, which also took a strategic equity stake in MEI Pharma. Litecoin creator Charlie Lee joins MEI Pharma’s board to drive institutional Litecoin adoption, highlighting the low fees, fast settlement and proven payment use cases of Litecoin. The announcement drove MEI Pharma’s shares up over 50% at market open and marks one of the largest corporate Litecoin treasury strategies to date. This move follows Thumzup Media’s $250 million crypto asset plan, underscoring growing institutional interest in Litecoin and other digital currencies. Traders will monitor the Litecoin treasury plan’s impact on LTC demand, market liquidity and MEI Pharma’s stock volatility.

US crypto regulation remains stalled. Three major bills – the GENIUS Stablecoin Act, the CLARITY Act and the Anti-CBDC Surveillance State Act – failed to advance in Congress. Despite initial momentum from the House’s approval of the GENIUS Act, ethics amendments and CBDC provisions triggered gridlock. Lawmakers are split on stablecoin regulation, including exemptions for top officials, consumer protection and AML requirements. Concerns over financial stability risks tied to uninsured stablecoin reserves and potential taxpayer bailouts persist. Bipartisan leaders, like Rep. French Hill, call for robust AML safeguards, while Rep. Maxine Waters warns of conflicts of interest. This impasse extends regulatory uncertainty and affects market confidence. Traders should track crypto regulation, stablecoin legislation and CBDC developments for policy shifts and trading opportunities.

Dogecoin extended its rally with an 11% surge to $0.24, as daily trading volume jumped to $5.75 billion and futures open interest climbed 26% to $4.02 billion. Technical indicators, including a third monthly Bullish Engulfing Candle, suggest continued bullish momentum. Singapore’s Bit Origin Ltd raised $500 million to establish a dedicated Dogecoin treasury, supporting long-term network growth. On Solana, Gigachad briefly tested the $0.025 resistance amid strong inflows, while the TOKEN6900 presale hit $683 000 and offers 93% staking APY. Looking ahead, Dogecoin price prediction for July 2025 sees key resistance at $0.25–$0.27 and support at $0.19–$0.195. A decisive breakout with rising volume could propel DOGE above $0.30, while failure to hold support may trigger a retracement toward $0.17. Correlation with Bitcoin—now trading above $120 000 on ETF inflows—and broader altseason dynamics remain critical. Retail sentiment and influencer endorsements, such as from Elon Musk, could further amplify gains. In a strong bullish environment, DOGE may revisit its December 2024 high of $0.49 by Q3 2025.

BlackRock has submitted an amended 19b-4 proposal to the US SEC seeking to integrate Ethereum staking into its iShares Ethereum Trust (ETHA). If approved, the move would allow the fund to participate in Ethereum’s proof-of-stake consensus, generating staking rewards alongside tracking ETH price performance. This filing follows the SEC’s recent guidance classifying staking rewards as income, which has spurred record inflows into Ethereum ETFs, including over $726 million in a single day and positive flows in 11 of the past 12 sessions. Data from Dune Analytics shows more than 36 million ETH—over 29% of circulating supply—has been staked on the network, underlining rising institutional interest in ETH staking. Meanwhile, in a separate development, GameStop plans to allocate $70 million to ETH in its treasury through a new stock offering, partnering with crypto fund Dialectic. These coordinated moves highlight growing TradFi–DeFi convergence and intensifying institutional adoption of Ethereum. Anticipating the SEC decision, ETH price briefly surged to around $3,600, with analysts eyeing $4,200 as the next resistance before a potential rally toward $5,000. The proposal could set a precedent for future spot and staking-enabled Ethereum ETF products and further support bullish sentiment in the Ethereum ETF market.