Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Ethereum price has completed a Wyckoff Spring accumulation around $2,145, signaling a bullish reversal. Following this base formation, Ethereum price surged past the $2,800 resistance level with a 5.65% daily gain, backed by rising DeFi activity, stronger on-chain metrics and renewed investor demand ahead of upcoming network upgrades. Trading volume climbed sharply and market capitalization pushed toward $340 billion. Technical analysts now point to short-term targets near $3,000 and key resistance zones at $3,800 and $4,085, while a decisive close above these levels on strong volume could propel Ethereum toward $5,400. Meanwhile, fundamental drivers—such as the deflationary EIP-1559 mechanism, expanding DeFi ecosystem and increased institutional accumulation—provide solid support for sustained bullish momentum. Traders should monitor volume trends, weekly candlestick closes and resistance breaks to identify optimal entry points.

Bitcoin ETF inflows have surged to $15 billion since April 2025, driven by institutional demand and growing political calls for Fed rate cuts. Consecutive positive ETF inflows reflect renewed bullish momentum among crypto traders. Meanwhile, Fed officials have signaled potential policy easing amid slowing inflation, reinforcing expectations of near-term rate cuts. This backdrop has pushed Bitcoin above key resistance levels, with some exchanges reporting intra-day highs near $112,000 and traders aggressively buying $130,000 call options. Historical parallels from early 2021 show similar ETF growth and dovish monetary policy fueling rallies from $30,000 to over $60,000. Traders should monitor weekly ETF flows, derivatives positioning and Fed communications to gauge market direction and volatility risks.

Crypto analyst Kev_Capital_TA flagged Dogecoin’s breakout from a descending wedge on the monthly chart in November. At the time, RSI reclaimed bullish ground above 50, and a 0.382 Fibonacci retracement support at $0.1378 underpinned a solid base. He forecast the 1.618 extension near $3.94 as a long-term target, noting interim resistance zones at $1.00–1.20 and $2.30–2.50. On July 9–10, Dogecoin rallied 6%, briefly clearing $0.186 on high volume of 1.52 billion DOGE as US tariff delays and Fed rate-cut hopes boosted sentiment. However, DOGE repeatedly met resistance at $0.186 and found support around $0.180–0.181. Short-term RSI and OBV readings signal exhaustion after heavy selling in the final hour. A weekly cup-and-handle pattern is now forming. Traders will watch for a decisive weekly close above $0.195 to confirm the breakout and target $0.25, amid ongoing macro factors and long-term bullish setups.

As crypto markets recover, three tokens—MAGACOIN FINANCE (MAG), Shiba Inu (SHIB) and Solana (SOL)—are primed for potential 100x returns in 2025. MAG leads with its fair-launch crypto presale model: a capped 170 billion supply, zero trading tax, HashEx audit and 60% allocated to early investors. Each presale stage sold out rapidly, signaling strong demand. SHIB has evolved from a meme coin to a utility-driven altcoin with SHIB The Metaverse, AI integrations and an aggressive token burn campaign. A sustained break above $0.00003 could push SHIB toward $0.0000326, fueled by community momentum. Solana attracts institutional inflows via the REX-Osprey SOL + Staking ETF, offering ~7.3% staking yield. Backed by lightning-fast transactions, near-zero fees and growing DeFi TVL and NFT activity, SOL may rally to $208–$250 by late 2025. For crypto traders, MAG’s sold-out presale underscores high early-stage interest. SHIB’s utility roadmap and Solana’s ETF-backed liquidity present diverse growth paths. Monitor crypto presale performance, ETF flows, community sentiment and macro trends as key indicators.

BNB Chain and xStocks have launched tokenized US stocks on the BNB Chain network as BEP-20 tokens. This first EVM-compatible launch joins existing support on Solana and covers over 60 US equities, including AAPLx and TSLAx. The tokenized US stocks platform enables trading on decentralized exchanges like Kraken and Backed. By using BNB Chain’s scalable, low-fee infrastructure, the project aims to democratize access to equities and enhance DeFi liquidity. Investors can leverage regulated equity tokens in lending protocols, synthetic derivatives and yield strategies. Backed co-founder Adam Levi said the goal is to establish tokenized equities as a public-good asset class with full DeFi composability. Since the announcement, BNB’s 24-hour volume has risen over 9%, reflecting positive market sentiment. This multichain expansion intensifies competition among EVM and non-EVM networks and underscores the convergence of traditional finance and DeFi.

The US Treasury’s OFAC has imposed North Korea sanctions on two individuals and four Russian entities tied to a covert IT network. They used fake US identities to infiltrate crypto firms, deploy malware, and siphon digital assets. Key targets include Song Kum Hyok, linked to the Reconnaissance General Bureau’s Andariel group, and Russian national Gayk Asatryan who hosted up to 30 operatives to secure tech jobs. Proceeds fund North Korea’s ballistic missile and WMD programs. Blockchain intelligence firm TRM Labs estimates DPRK-linked actors stole $1.6 bn — over 75% of the $2.1 bn in crypto hacks during H1 2025. This shift to stealth infiltration underscores evolving cyber threats in the blockchain sector. These North Korea sanctions aim to choke off funding for weapons programs and signal tighter compliance and security measures for crypto traders.

Metaplanet Bitcoin strategy is advancing as the Japan-based firm scales its corporate Bitcoin treasury and secures loans using BTC collateral for M&A deals. Having added 2,205 BTC to reach 15,555 BTC (~$1.7B) by July 7, the company aims to join the “1% club” with up to 210,000 BTC by 2027. Now, Metaplanet plans to purchase a licensed Japanese digital bank to offer Bitcoin-backed loans, crypto-friendly accounts and seamless fiat-to-BTC conversions under a clear regulatory framework. This move shifts its focus from speculative holdings to practical crypto financial services, potentially setting a global precedent. Traders should monitor this strategy for signs of accelerating institutional Bitcoin adoption and increased demand for collateral finance.

Bitcoin price has consolidated between $100,000 and $110,000 for the past 45 days, holding firm despite persistent sell-side pressure on Binance Derivatives. Data shows a negative Cumulative Volume Delta (CVD) and declining funding rates as traders build short positions. However, strong absorption by institutional buyers and deep liquidity on U.S. exchanges have prevented major breakdowns. On the daily chart, BTC’s failure to reclaim its $111,000 all-time high suggests a potential double-top formation, heightening the risk of a short-term pullback toward the $103,000–$104,000 fair value gap. Market indicators also point to altcoin weakness: Bitcoin’s Sharpe ratio now outpaces tokens like SOL and XRP, while smaller-cap projects lose momentum. Traders are monitoring funding rates and forced liquidation levels for a possible catalyst that could trigger a breakout or a deeper correction before the next bullish attempt.

Since MiCA regulation came into full effect on December 30, 2024, the European Securities and Markets Authority has granted 53 approvals, authorizing stablecoin issuers and crypto-asset service providers to operate across all 30 EEA countries under a unified EU crypto regulation framework. Approved entities include 14 stablecoin issuers—most notably Circle’s USDC and Société Générale-Forge’s EURCV—and 39 CASPs such as Coinbase, Kraken, Crypto.com, Robinhood, Bitpanda and MoonPay. Non-compliant tokens like Tether’s USDT have faced delistings, while no asset-referenced tokens (ARTs) have been approved due to high compliance costs. MiCA regulation’s passporting rights eliminate the need for country-by-country licenses, reducing compliance barriers and promising greater stablecoin liquidity and streamlined cross-border services. Traders should note the spotlight on three projects poised to benefit: Bitcoin Hyper (HYPER), Best Wallet Token (BEST) and Chainlink (LINK). Analysts view these developments as a bullish catalyst for market stability and long-term growth in regulated crypto. The next update on licensed entities is expected in late September 2025.