Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Significant institutional rotation and Bitcoin ETF inflows have driven renewed momentum in Bitcoin. Over the past two days, 10,900 BTC flowed into Bitcoin ETFs, led by Fidelity, BlackRock, Ark and Bitwise. Long-time advocate Udi Wertheimer argues early, price-sensitive holders have offloaded coins to ETFs, corporate treasuries and nation-states, setting the stage for a larger generational rally. He projects a $400,000 year-end Bitcoin price and urges accumulation as supply tightens while BTC trades near $118,700. Meanwhile, Ethereum lags amid potential short-term overheating, with cumulative open interest above $2.2 billion and a Fear & Greed index at 70. Traders should monitor open interest, market sentiment and regulatory updates to navigate corrections and capture upside.

ETH price jumped 6% in 24 hours, surpassing $3,100, driven by Nasdaq-listed SharpLink Gaming’s latest $213 million purchase of 74,656 ETH. This adds to prior buys—including 24,371 ETH on July 15 and 10,000 ETH directly from the Ethereum Foundation—bringing its total holdings to over 310,000 ETH. Backed by a $425 million private placement and a $413 million ATM stock facility, SharpLink has $257 million reserved for future ETH acquisitions. Over 99% of its ETH is staked to generate yield and support Ethereum network security. Technical indicators on the 4-hour chart show a bullish RSI near 70 and positive MACD, with resistance levels at $3,437 and $3,519 and support at $2,946 and $2,805. A brief pullback to around $3,080 could clear market inefficiencies before a continued rally. SharpLink’s aggressive ETH accumulation underscores growing corporate demand for programmable, yield-bearing crypto assets and may bolster long-term ETH price stability.

Peter Thiel’s venture fund has acquired a 9.1% stake in NYSE-listed BitMine Immersion Technologies. The $50 million investment grants Thiel exposure to Bitcoin mining operations with immersion cooling technology and a 163,142 ETH reserve valued at about $500 million. BitMine plans upgrades to its mining rigs and partnerships in renewable energy. The Ethereum treasury offers diversification, staking yields, and avenues for future DeFi projects. Thiel’s move highlights growing institutional confidence in crypto infrastructure and may drive higher volume and volatility in BitMine’s shares. Traders should watch for shifts in BitMine stock and ETH metrics.

Congress is set to vote this week on the 2025 CLARITY Act, a bipartisan bill to clarify US digital asset regulation. The Act creates a unified SEC & CFTC oversight framework for digital assets, sets strict blockchain compliance and decentralization standards with clear deadlines, and temporarily excludes peer-to-peer derivatives (amendable later). It mandates SEC-CFTC collaboration to balance investor protection with technological innovation. Passage this summer would resolve regulatory uncertainty, reaffirm US blockchain leadership, and provide developers stable rules for responsible innovation. Delay risks missing the 2025 legislative window. Traders should monitor progress, as enhanced regulatory certainty can boost crypto market growth.

SUI token climbed 9% on July 14 to near $4 as Bitcoin’s record rally to $123,500 renewed DeFi demand. SUI’s TVL growth topped $2.2 billion, adding $600 million in ten days and overtaking LINK and ADA to rank 13th by market cap. Meanwhile, SEI token jumped nearly 40% over the past week to $0.35, driven by on-chain activity and TVL growth from $200 million in January to $673 million by mid-June. An unlock of 55.56 million SEI tokens (≈$20 million) on July 15 could trigger short-term volatility. Technically, SUI has cleared a $4.03 resistance channel and SEI trades above its upper Bollinger Band, with RSIs above 70 indicating overbought levels. Key support for SUI lies at $3.50/$3.30, while SEI must hold $0.33 to avoid pullbacks, though further gains could see SUI target $5 and SEI $0.40.

According to Arkham Labs, Bhutan’s sovereign arm Druk Holdings executed a major Bitcoin sale, transferring about $173 million worth of Bitcoin to Binance over four days in July. The latest Bitcoin sale involved 512.84 BTC ($59.5 M) via six transfers ranging from 99 to 208.56 BTC. Despite these outflows amid Bitcoin’s rise from $108,000 to $122,000, Bhutan remains the world’s fifth-largest holder with 11,411 BTC (≈$1.4 B) and 656 ETH (≈$1.93 M). Its crypto treasury grew from $1.29 B to $1.37 B over the week, aided by a 12.4% BTC and 18% ETH price surge. The kingdom—mining Bitcoin since 2017 using hydroelectric power—also plans to house strategic reserves of BTC, ETH, and BNB in the upcoming Gelephu Mindfulness City, underscoring an active portfolio management approach rather than an exit.

President Trump has intensified calls to replace Federal Reserve Chair Jerome Powell over a $2.5 billion building renovation. Former Fed officials Kevin Warsh and Kevin Hassett have backed his push, citing slow rate cuts and overspending. This political pressure fuels expectations of an early monetary easing. Traders are betting on a renewed Bitcoin rally, with prices surging above $120,000 as looser policy looms. Powell’s cautious stance on stablecoin regulation contrasts with potential successors’ pro-market views, adding volatility to the crypto market. Upcoming Fed announcements and US inflation and retail data will be key to confirming Bitcoin rally momentum and guiding price movements.

Bitcoin is holding steady at around $117,500 after a 0.24% dip over 24 hours, reflecting a phase of low volatility and market equilibrium. According to CoinStats, most of the daily ATR has been used, and price trades within a narrow channel on both hourly and daily charts. Traders should watch for a candle close without a long wick as a breakout indicator. Meanwhile, top 10 altcoins have slipped into the red amid mixed macroeconomic and regulatory factors. Analysts expect sideways movement through mid-July, with a clear breakout—potentially pushing Bitcoin toward a new all-time high—only if upcoming daily bars close without long wicks. Risk management remains crucial, so monitor key resistance levels and prepare for volatility shifts when new catalysts emerge.

From July 14 to 18, the US House of Representatives will host Crypto Week. It will vote on three bipartisan bills: the Digital Asset Market Clarity Act (CLARITY) to define SEC and CFTC roles, the GENIUS Act for federal stablecoin oversight, and the Anti-CBDC Surveillance Act banning a US central bank digital currency. The GENIUS Act has passed the Senate and could become the first major crypto law signed by President Trump. A House hearing on crypto taxation is set for July 16. Throughout Crypto Week, traders will monitor these legislative moves for legal clarity in digital assets, which may drive volatility and affect market trends.

Bitcoin (BTC) and Ethereum (ETH) led a broad market rally after former President Trump’s tweet that cryptocurrencies “punched through the ceiling,” with BTC climbing past $57,300 and ETH breaking above $3,000. The surge was driven by record spot Bitcoin ETF inflows totalling $1.175 billion on July 10 and coincided with the S&P 500 hitting fresh highs amid strong corporate earnings and easing inflation data. Meme coins outperformed, led by MOG (+20%), FARTCOIN (+17%) and PENGU (+24%). Meanwhile, the Ethereum Foundation unveiled four new support teams to boost adoption, and institutional blockchain finance advanced as Germany’s NRW.BANK issued €100 million in digital bonds on Polygon and Animoca Brands pledged $100 million to DDC’s Bitcoin treasury. The combined crypto market cap rose by $150 billion, highlighting growing risk appetite and suggesting continued bullish momentum.

An anonymous whale continued its on-chain whale accumulation by purchasing 7,171 ETH today, lifting its total Ethereum holdings to 54,125 ETH. This follows an earlier whale accumulation of 1,600.7 ETH after a price dip, highlighting significant ETH accumulation amid market volatility. On-chain data shows a steady reduction in circulating supply as large whale moves often precede price rallies and tighten market liquidity. Traders should monitor short-term volatility from whale rebalances, key support at $2,600 and resistance near $2,800. Ongoing whale accumulation underscores the bullish foundation for Ethereum’s recovery potential.

Bitcoin is eyeing a breakout near $110,500 after surging above $108,500 and breaching the bearish trendline at $108,800. The 3% rally pushed BTC toward $112,000, where it now consolidates around the 23.6% Fibonacci retracement from $107,500. Long-term holders (over 155 days) control more than 80% of circulating supply, a historical precursor to major rallies. Institutions added over 19,400 BTC to managed wallets this week, highlighting renewed demand. Technically, Bitcoin trades in a narrowing channel between $107,000 and $110,500. Bollinger Bands are tightening, the RSI stands at 52, and the MACD shows mild bullish momentum. A recent Golden Cross—where the 50-day MA crossed above the 200-day MA—has preceded 100% gains in past cycles. Traders should watch for a decisive Bitcoin breakout above $110,500. A sustained move beyond this level, backed by holder and institutional accumulation, could signal a new bullish wave. Key support lies at $110,800, $109,750 (50% Fib), and $107,500.

Since 2019, OmegaPro founders Michael Shannon Sims and Juan Carlos Reynoso have allegedly operated a $650 million crypto Ponzi scheme via multi-level marketing, selling packages that promised up to 300% returns in 16 months. They lured investors with luxury events, social media hype and a Burj Khalifa projection. In January 2023, a claimed network breach forced a shift to the Broker Group platform, blocking withdrawals while insiders reportedly laundered funds through crypto wallets. Indicted in Puerto Rico, both now face wire fraud and money laundering charges with potential 20-year sentences. Traders should track DOJ enforcement in crypto, monitor regulatory risks and perform rigorous due diligence. This crypto Ponzi scheme underscores vulnerabilities in unregulated crypto investments and highlights the need for strict investor due diligence.

Asia FX markets rebounded after US President Trump flagged that the planned August 1 tariffs are “not 100% certain”. The decision to delay Trump tariffs knocked the US Dollar Index down 0.2% and boosted Asia FX. Currencies like the Chinese Yuan, Korean Won, and Singapore Dollar first tumbled as traders sought safe havens in the US Dollar and Japanese Yen. However, technical rebounds and short covering helped Asia FX recover. The Reserve Bank of Australia (RBA) held rates at 3.85% in a surprise 6–3 vote. AUD/USD jumped as Australia’s business conditions hit their strongest level since March. Market attention now turns to the next RBA decision. A 25 bp cut could weaken the AUD and reinforce global easing expectations. A hawkish hold could lift the currency and signal economic strength. Trade tensions, low inflation, central bank divergence, and geopolitical risks will keep volatility high across forex and crypto markets. For crypto traders, the weakening US Dollar traditionally supports risk assets. Bitcoin and altcoins may benefit from dollar softness. Traders should diversify, monitor macro data, use stop-losses, and consider hedging to manage volatility.

BlackRock’s Bitcoin Spot ETF has surpassed 700,000 BTC in holdings, representing about 3.3% of the circulating supply and valued at approximately $76 billion. Since its January 2024 launch, the ETF has secured over 55% of US spot Bitcoin ETF assets. The Bitcoin Spot ETF’s rapid growth highlights strong institutional adoption and robust market liquidity. By offering regulated Bitcoin exposure, the ETF allows traditional investors to diversify portfolios while tightening exchange supply and supporting price stability. Continued inflows could drive further demand, influencing both short-term momentum and long-term market growth.

XRP is showing a Bollinger Band squeeze on both three-day and two-day charts, signaling rising volatility. Since mid-January, the token has traded in a symmetrical triangle around $2.21–$2.27 on low volume. Analysts note that XRP’s tight Bollinger Bands often precede sharp moves, as seen before November’s rally. A daily close above $2.33 could confirm a breakout toward $5, implying 120% gains. Traders should also watch resistance near $5 and short-position liquidity above $2.35 for a possible short squeeze. With crypto sentiment lagging the stock market, volatility may intensify. Wait for a confirmed breakout before trading and apply strict risk management.

CoreWeave has agreed to acquire Core Scientific in a $9 billion all-stock bid, offering 0.1235 CoreWeave shares per CORZ share at $20.40 each. The transaction — expected to close in Q4 2025 — eliminates over $10 billion in lease obligations and unlocks about $500 million in annual savings by 2027. At a 16x 2026 EBITDA multiple, the all-stock bid trades at a significant discount to data center peers. CoreWeave CEO Michael Intrator is pivoting the firm from crypto mining to AI and high-performance computing. While KBW analysts label the cash-free deal as opportunistic and foresee potential shareholder pushback, the lack of competing offers suggests the merger will proceed. This merger scales CoreWeave’s AI infrastructure amid rising data center power demand and AWS’s planned $100 billion AI spend in 2025.

Elon Musk has launched a crypto-backed America Party to challenge the US two-party system, declaring fiat “doomed” and naming Bitcoin as its financial backbone. The movement aims to secure key Senate and House seats using a decentralized finance model. Building on Tesla’s $1.5 billion BTC purchase in 2021, the news sent Bitcoin surging toward $110,000, while Dogecoin jumped about 6% and other major cryptocurrencies rallied. Musk’s break from the Republican Party over a budget bill underscores his push for crypto in fiscal policy. Traders should brace for heightened volatility from short-term bullish sentiment and potential long-term institutional inflows into Bitcoin and the wider market.

Bitcoin eyes a breakout above its all-time high as it reclaims key levels amid rising institutional demand and technical signals of a parabolic rally. Year-to-date, Bitcoin has risen 16.8%, adding over 2% in June. It recently climbed back above $108,000, trading around $109,000. Corporate treasuries are boosting Bitcoin holdings. The Blockchain Group raised €10.7M to add 116 BTC to its treasury. Japan’s Metaplanet increased reserves to 15,555 BTC and plans 30,000 BTC by year-end. The UK’s Smarter Web Company reached 1,000 BTC. Crypto analyst Merlijn The Trader charts a three-phase bull cycle mirroring 2017 and 2021. A final parabolic leg could drive Bitcoin toward a conservative $150,000 target or as high as $335,000 by 2025. Traders should watch for a decisive breakout above $110,000 to confirm this next rally phase.

Crypto ETPs clocked $1.03 billion in weekly inflows, boosting total AUM to a record $188 billion. Bitcoin ETFs led with $713 million in new capital, marking a 17th consecutive week of inflows, while Ether ETFs added $275 million, extending a nine-week streak. BlackRock’s IBIT ($304 million) and Fidelity’s FBTC ($112 million) topped Bitcoin flows; Franklin’s EFI and BlackRock’s EETH dominated Ether inflows. Combined, Bitcoin and Ether products now manage over $45 billion and $8 billion in assets, respectively. Sustained demand coincided with modest BTC and ETH price gains, reflecting growing institutional interest and offering bullish signals for traders.

Two decade-old Bitcoin wallets moved a combined 101,857 BTC (≈$10.28 billion) in separate on-chain transfers. On July 20, an anonymous whale shifted 81,857 BTC into three fresh addresses. Previously dormant since April 2011, two other wallets transferred 20,000 BTC. On-chain analytics firm Glassnode flagged the transfer as the largest daily shift of old Bitcoin ever recorded. Data from Lookonchain and CryptoQuant indicate these transfers reflect long-term whale accumulation rather than imminent selling. Despite the sizable outflows, Bitcoin held above $108,000, showing no immediate sell-off. Traders should monitor exchange inflows and on-chain metrics as market volatility may rise. Sustained whale accumulation and reduced sell pressure could support a bullish outlook with price momentum toward the $118,000 all-time high.

Analyst JackTheRippler’s latest XRP price prediction outlines both a near-term pullback and an ambitious long-term target. On the daily chart, XRP failed to break above $2.30, forming a lower high from a rally off $2.05 support. Technical indicators show bearish RSI divergence (~38) and flat Chaikin Money Flow (-0.01), while funding rates (+0.009%), 24-hour volume (-16.7%) and open interest (-1.47%) point to weakening momentum. Key levels to watch are support at $2.21 and $2.05, with resistance at $2.30, $2.40 and $2.65. Traders should expect bearish pressure over the next 24 hours unless XRP reclaims $2.30 with volume-backed conviction. Looking ahead, JackTheRippler’s long-term XRP price prediction includes precise buy and sell signals: a dip to €2.13 triggers a buy after three days; a rise to €7.60 marks a sell within one week; a drop to €3.40 prompts another buy after two weeks; and a push to €29.50 in seven months signals further accumulation. The final phase forecasts an exponential rally to €702.50 by 2026. This model is highly speculative and lacks disclosed methodology or fundamental analysis. Traders should treat it as a theoretical framework and apply robust risk management.

The US House Financial Services Committee will hold Crypto Week from July 14–18, hosting five hearings on cryptocurrency regulation. Sessions will cover stablecoin frameworks, digital asset legislation, SEC oversight, crypto mining and a potential US CBDC. Lawmakers, led by Chair Patrick McHenry and backed by the Financial Services and Agriculture committees (including French Hill, Maxine Waters, Tom Emmer and Bryan Steil), will gather expert testimony and review major bills such as the CLARITY Act, the Anti-CBDC Surveillance State Act and the GENIUS Act. The goal of Crypto Week is to establish clear rules for dollar-backed stablecoins, ban a Fed-issued digital dollar to protect privacy, promote Web3 innovation and cement US blockchain leadership. Traders should watch Crypto Week closely: hearing outcomes could shape market stability, compliance requirements and long-term growth prospects.

Franklin Templeton has filed two proposed Bitcoin DRIP ETFs with the SEC. The funds would hold U.S. equities and preserve shareholders’ dividend rights, but the cash dividends would be converted into Bitcoin-linked exposure—an ETF version of a dividend DRIP, with BTC added instead of reinvesting into more stocks. The filing suggests the ETF may not directly hold spot Bitcoin; it could gain BTC exposure through approved instruments (such as a permitted spot Bitcoin ETF or other regulated vehicles). If approved, this would be a relatively rare product that combines equity income with incremental Bitcoin ETF-style demand. Traders should treat the near-term impact as conditional. Systematic BTC accumulation mechanics (starting around a 5% BTC/95% equity target and using periodic rebalancing plus caps in the underlying index design) can drive buying after drawdowns, but also forces trimming when BTC rallies. In practice, BTC flow effects will depend on SEC timelines and how often the index’s BTC weight limits are hit.

FIFA’s “Official Crypto Exchange Supporter” deal with Kraken stayed in the spotlight during the World Cup 2026 match on June 20. In Group E at GEHA Field (Arrowhead Stadium, Kansas City), Curacao goalkeeper Eloy Room produced nine saves, denying Ecuador’s 16 shots (9 on target) and helping Curacao frustrate a team chasing points. Traders should note this is not a direct token catalyst tied to a specific World Cup fan token. Instead, the Kraken FIFA sponsorship reinforces mainstream sports visibility for regulated crypto-exchange brands. In the short term, any market reaction is likely sentiment-driven; longer term, repeated high-profile partnerships may support the “compliance-first” narrative and institutional comfort. Off-pitch, Curacao is also building crypto rails, including launching Bitkaya (a local broker) and developing a VASP regulatory framework—supporting the broader adoption backdrop around the Kraken deal.

BitMine Immersion Technologies said it bought 76,881 ETH in the past week, extending its bear-market accumulation. The company now holds 5,620,754 ETH, bought at an average price of $1,718, with a portfolio value of about $10.2B. BitMine’s goal is to own 5% of Ethereum’s circulating supply (120.68M ETH), and its current share is about 4.66%. Even with the aggressive ETH accumulation, the article notes roughly $9B in unrealized losses. Yield is also central: BitMine has staked over 4.1M ETH (about $8.1B), aiming to generate protocol rewards even as spot ETH prices weaken. For traders, the setup is mixed for ETH. While large-scale buying may support sentiment, spot ETH ETF flows remain a clear overhang, with reported outflows for four consecutive days and several sessions above $60M/day. The article also flags Ethereum fee and burn headwinds from layer-2 migration, plus internal Ethereum Foundation departures and governance/strategy uncertainty. Net: ETH may find some support from treasury accumulation, but ETF outflows and ETH mainnet revenue dynamics keep near-term upside capped.

SpaceX IPO is drawing reports of retail traders rotating out of AI and semiconductor stocks into Elon Musk’s rocket company. The latest figures suggest SpaceX IPO could price and start trading around June 12, 2026, at about $135 per share, targeting a valuation of roughly $1.75T–$2.0T and raising around $75B. A key feature is the size of the retail allocation: up to 30% of the offering may be reserved for retail investors (about $22.5B), versus the typical 5%–10% seen in many mega-IPO deals. Platforms including Fidelity, Robinhood, Charles Schwab, and SoFi are offering access, and Fidelity reportedly cut its minimum investment to about $2,000. Demand is said to be as much as 4x oversubscribed, implying retail and other bids potentially around $300B of stock. Crypto angle: SpaceX reportedly holds between $600M and $1.29B in Bitcoin, making it a notable corporate BTC holder. With other tech firms (including reports around OpenAI and Anthropic activity) also pursuing listings, the SpaceX IPO may indirectly shift broader risk appetite and attention back toward Bitcoin rather than directly impacting crypto prices. For crypto traders, the main takeaway is second-order impact: watch for changes in market sentiment and BTC flows tied to high-profile tech IPO cycles, not a direct token/chain catalyst.

Humanity Protocol hack worth about $32M is under scrutiny after on-chain investigator ZachXBT questioned whether it was a genuine breach or a staged exit. On June 9, attackers drained 17+ wallets and the H token fell about 90% within hours. Humanity Protocol said a Humanity Foundation member’s private keys were compromised. The team also urged users to avoid the bridge and liquidity pools. The exploitation is described in two phases. First, 100M H tokens were minted and proceeds were routed, with around $23.7M swapped into ETH and roughly $7.9M left in H (Arkham Intelligence data). Second, the attacker allegedly extended the incident to BNB Chain by taking over the H token proxy admin contract and minting another 100M H (tracked via Blockaid). ZachXBT’s core concern is the trading and liquidity setup: H tokens were sold via DEXs with concentrated supply, which he said could enable an active market maker to exit ahead of a major June 25 token unlock. While some points were later adjusted, the credibility damage increases tail-risk for H token holders heading into the unlock.

Zcash (ZEC) surged, adding roughly $1B to market cap in under 24 hours and helping the token reclaim top-15 rankings. The rally accelerated after Multicoin Capital co-founder Tushar Jain disclosed on May 5 that the firm had built a “significant position” in ZEC since February. ZEC then jumped more than 30% around May 6, testing near $607, before pushing above $614 by May 9 (about a $10.2B market cap). Trading volume also topped $1B in 24 hours. Mechanically, the move sparked short liquidations, with tens of millions of dollars in shorts reportedly forced out as price rose. Analysts also pointed to pre-positioning: some 30-day rolling gains had reportedly exceeded 100% before the disclosure. Fundamentals and narrative: the price action aligns with renewed “privacy crypto” attention. ZEC was noted as pressuring Monero (XMR) in market-cap ranking, while Zcash shielded (private) transaction usage reportedly rose. However, downside risk remains unique to privacy tech: an Orchard shielded-pool vulnerability disclosure in June 2026 contributed to a pullback. For traders, near-term momentum looks supported by crowded-short unwinds and institutional headlines tied to ZEC. Longer-term direction depends on whether demand for Zcash privacy features is sustained, not just speculation. Key watch items: continued shielded activity, further regulatory/technical headlines, and whether the latest leg of ZEC gains attracts more leverage.