Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The recent developments in the cryptocurrency market highlight key predictions and price movements for Solana (SOL), Fartcoin, and IOTA. Initially spurred by the halt of U.S. tariffs on China, Solana rose by 6.12%, reaching $123.03, despite concerns over long-term sustainability due to network issues. Meanwhile, Fartcoin exhibited resilience against an expected drop, with forecasts suggesting a possible short-term rebound and a target of $1. IOTA continues to maintain significant investor interest since its 2017 peak, with potential for a rally if resistance is surpassed. Analysts anticipate a pullback for SOL, offering traders a buying opportunity with upward targets. The market reflects mixed sentiment, providing traders with various potential opportunities based on these evolving forecasts.

In April, Binance encountered significant challenges starting with an AWS outage in the Tokyo AP-NORTHEAST-1 region, causing disruptions to withdrawals and system stability. The situation worsened with the sharp crash of the Mantra (OM) token, which led to accusations of market manipulation. Binance attributed the crash to cross-exchange liquidations. In addition to these operational setbacks, Binance is dealing with legal issues, including an $81.5 billion lawsuit in Nigeria and scrutiny from the U.S. SEC. The incidents underscore the risks centralized platforms face from technological failures and regulatory pressures.

The Hong Kong Securities and Futures Commission has granted approval for China Asset Management (ChinaAMC) to incorporate crypto staking within its Ethereum Spot ETF, effective May 15th. This marks a significant innovation within the crypto market, enabling traditional ETF investors to earn staking rewards, which increases both accessibility and institutional-level security. The integration strengthens the Ethereum network by potentially expanding the amount of staked ETH, offering both income and security advantages. The move underscores Hong Kong’s ambition to lead in digital asset innovation, which could attract traditional investors cautious about direct crypto investment. As the first major asset manager to offer such services, ChinaAMC’s initiative may prompt other ETF providers to follow suit and possibly extend these services to other cryptocurrencies. This development represents a strategic shift in crypto market dynamics, likely affecting future regulatory frameworks and adoption patterns.

The United States Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have taken significant steps affecting the crypto industry. The SEC clarified that certain fiat-backed stablecoins, termed ’Covered Stablecoins,’ are non-securities if redeemable 1:1 with the US dollar, exempting related entities from some reporting obligations. This move excludes algorithmic stablecoins and yield-bearing tokens and aligns with the launch of USD1 by World Liberty Financial amidst rising stablecoin demand. Meanwhile, the DOJ’s new focus on prosecuting illicit activities rather than imposing broad regulations indicates potential future regulatory easing, which may allow for increased innovation within the blockchain industry. Overall, these developments provide a clearer regulatory framework, potentially aiding market stability and attracting more investment towards regulated fiat-backed stablecoins.

Bitcoin has demonstrated resilience by recovering from a recent rug-pull incident involving Mantra, aiming to surpass the $85,000 mark despite technical resistance and geopolitical tensions. The absence of a CME gap this weekend has bolstered trader confidence, potentially pushing BTC towards $90,000. President Trump’s suspension of tariffs has alleviated market anxieties, even as geopolitical tensions persist. Technical indicators show a bullish trend, with crucial resistance at $88,500, potentially leading to higher levels like $100K. This recovery is marked by fading selling pressure, fueling community optimism for a possible bullish crossover. Bitcoin’s resilience contrasts with potential declines in other markets like gold. Traders should closely monitor developments as conditions appear favorable for further appreciation.

Solana’s cryptocurrency, SOL, is experiencing significant market pressure due to persistent selling from FTX/Alameda since their bankruptcy and an unidentified party known as ’Pump’. FTX/Alameda has offloaded approximately 8.031 million SOL, valued around $1.03 billion, since November 2022, contributing to a predictable downtrend. Around 3.403 million SOL, worth approximately $629 million, have been erratically sold by ’Pump’ since early 2024, exacerbating market instability. This selling activity raises concerns over Solana’s price trajectory, indicating a bearish market sentiment. Despite these challenges, Solana maintains low fees, high transaction capacity, and a thriving community, suggesting potential long-term viability. Crypto traders are closely monitoring these developments as they significantly impact market sentiment and Solana’s reputation.

Thailand is implementing new legislation to regulate foreign P2P cryptocurrency platforms operating within its jurisdiction. This move aims to ensure these platforms adhere to Thai financial regulations, including stricter compliance requirements and enhanced scrutiny processes. The Thai Securities and Exchange Commission (SEC) introduced these changes to prevent online financial crimes and fortify financial stability. Key measures include potential penalties for violations and joint responsibility for telecom and social media companies in preventing cybercrimes. This regulatory shift aligns with global trends of increasing oversight on foreign crypto operations, safeguarding domestic markets, and promoting blockchain technology applications, such as potential spot Bitcoin ETFs.

The CoinDesk 20 Index has exhibited a notable upward trajectory, reflecting a broader recovery in the crypto market. Out of the 20 assets, 19 have shown growth, with standout performances from Hedera (HBAR), surging by 8.6%, and Aptos (APT), increasing by 5.6%. The overall index rose by 2.5% from the previous trading session. While most assets experienced gains, Filecoin (FIL) saw no change, and Aave (AAVE) registered a modest gain of 1.4%. The latest developments indicate a strong market revival, with HBAR and APT being the primary contributors to this upward trend.

At a Cointelegraph event in Paris, industry experts expressed differing views on the start of the crypto bull market. Michael van de Poppe suggests a possible reversal is on the horizon, comparing the current market with 2020’s scenario, while Eric Turner predicts a bull market initiation around late 2023 to 2025. The discussion also highlighted the influence of U.S. regulations and support for crypto-friendly policies on market sentiment. However, recent tariffs introduced by President Trump have led to capital outflows, reminiscent of past economic disturbances. The potential for Federal Reserve intervention was noted as a stabilizing factor if the economic climate worsens.

Pump.fun introduced Pump.Fi, a lending platform allowing users to purchase memecoins and NFTs using cryptocurrency loans, relying on a system where one-third is paid upfront and the rest over 60 days, without credit checks. This platform targets an increase in liquidity and users amid declining memecoin trading on Solana after recent controversies. Furthermore, the launch of PumpSwap, Pump.fun’s decentralized exchange (DEX), is aimed at taking market share from Raydium by providing a more integrated approach to memecoin trading. In its first ten days, PumpSwap reached a trading volume of $2.43 billion, gaining an 8% market share in Solana’s DEX trading, despite a general decline in overall memecoin market volume over recent months.

In a bold proposal, VanEck and Senator Cynthia Lummis suggest that the U.S. could diminish its national debt significantly by embracing Bitcoin as a strategic reserve asset. VanEck’s forecast highlights a potential reduction of $21 trillion by 2049 through accumulating one million Bitcoin, with its value possibly reaching $21 million per coin. This aligns with the BITCOIN Act initiative and Michael Saylor’s conviction that Bitcoin aligns with America’s economic destiny. Recent discussions at the DC Blockchain Summit further fueled market optimism as Bitcoin’s price soared above $87,600, also affecting altcoins like BTC Bull Token ($BTCBULL), which benefits from Bitcoin’s bullish trends through passive rewards, token burns, and airdrops. This proposal and its surrounding discussions suggest a bullish outlook for Bitcoin and its associated projects, with traders expecting positive movements influenced by major endorsements and strategic economic alignments.

Infini, a stablecoin payments company, is pursuing legal action following a $50 million USDC theft. The incident implicates a former developer who transferred funds from a multisig wallet to a private account. This case marks a significant precedent, as the firm used blockchain technology for legal notices, signaling shifts in digital asset recovery tactics. Legal actions include on-chain notices to the accused and any good-faith recipients of stolen assets. Despite offering to stop the legal process if 80% of the funds are returned, Infini’s demands remain unanswered, prompting stricter legal measures. The legal proceedings are taking place in Hong Kong, aligning with earlier judicial uses of blockchain for delivering legal communications.

Asia-Pacific markets, initially facing declines due to the U.S. tariffs on Canada and Mexico, have rebounded following U.S. Commerce Secretary Howard Lutnick’s indication of potential tariff negotiations. This positive shift in market sentiment partially offset the fears of a prolonged trade war, originally instigated by President Trump’s tariff announcements. The news of potential compromises has infused optimism in the region’s markets, offering a temporary reprieve amidst ongoing global trade tensions. This development is crucial for crypto traders who are closely monitoring market stability and looking for signals that might affect trading strategies.

Best Wallet, a non-custodial, multi-chain crypto wallet, has successfully raised $10.5 million in a token presale, gaining attention as a robust alternative to MetaMask. The wallet supports asset management across over 60 blockchains and has recently implemented Bitcoin support in its latest upgrade (Version 2.5.1), alongside existing support for Ethereum, BNB Chain, and Polygon. This upgrade enhances security with Fireblocks’ technology and aims to address the increasing security concerns that have followed a significant hack on the Bybit exchange. By providing features like a built-in DEX aggregator, biometric verification, insurance, an ’Upcoming Tokens’ tool, and the native BEST token offering reduced fees and early access to new projects, Best Wallet positions itself as a comprehensive and secure solution. This development comes at a time when traders are pivoting towards decentralized solutions for enhanced safety and versatility in their crypto storage options.

Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Hedera (HBAR) are all experiencing critical price movements and market challenges. BTC is pressured by the impending US Department of Justice Bitcoin selloff, while ETH must defend a key support level of $2,600 to prevent further altcoin market decline following a significant hack. DOGE’s historical price cycle indicates a potential surge post next Bitcoin halving, with possible gains by April 2025. HBAR is under bearish pressure despite a spike from Nasdaq’s ETF filing, with potential ETF adoption acting as a future catalyst. Traders should observe these pivotal levels closely, as they may influence broader market sentiment significantly.

Recently, a false claim emerged stating that Donald Trump pardoned Sam Bankman-Fried (SBF), the former CEO of FTX, who is serving a sentence for financial misconduct. An X account, masquerading as SBF, exploited this rumor to announce a phony presidential pardon and launch a meme token named $SBF. This misleading act led to confusion among investors and temporarily inflated FTT’s price, demonstrating the sensitive nature of crypto markets to high-profile news. Subsequent investigations revealed that an unknown person impersonated SBF, and the account was briefly verified as a government agency before being revoked. Crypto traders are advised to be cautious and verify information sources, especially involving new tokens or claims related to SBF. These events underscore the potential for market manipulation and the need for diligence in trading activities.

Alexey Pertsev, the developer behind Tornado Cash, has been released from a Dutch prison after three years in pretrial detention. This marks a significant development for privacy advocates and the #FreeAlexey movement. Pertsev was imprisoned following his conviction for facilitating money laundering through Tornado Cash, sanctioned by the U.S. Treasury in 2022 for allegedly laundering billions, including funds linked to North Korea’s Lazarus Group. Although released, Pertsev remains under electronic monitoring as he continues to appeal his conviction, which could set a precedent for the liability of privacy-focused crypto developers. This case highlights ongoing debates about open-source development and financial privacy tools, with concerns over potential chilling effects on innovation. Privacy coins like Monero and Zcash experienced fluctuations following the Tornado Cash crackdown. The broader implications for privacy technology scrutiny in crypto could shape U.S. policy, potentially softening toward privacy tools, despite regulatory uncertainties. Privacy advocates caution that continued legal threats could stifle innovation, driving decentralized privacy technology development underground.

Analysts predict a downward trend for Binance Coin (BNB) and Cardano (ADA) as they face significant market pressures. BNB is experiencing resistance at $663.80, while Cardano is struggling with development and liquidity issues, trading at $0.6893. Meanwhile, an emerging altcoin, Remittix (RTX), is gaining traction for its blockchain solution to banking inefficiencies, with presale gains expected to be substantial. The RTX token, priced at $0.0567 during presale, may see an 800% increase before launch and potentially a 5000% rise thereafter, drawing attention from investors seeking high returns.

Starting in 2025, the IRS will require U.S. crypto investors to adopt wallet-based cost tracking for tax purposes, replacing the previous Universal tracking method. This change highlights the increased scrutiny on crypto profits as they gain value. Kraken has released a tax guide to help investors navigate these new requirements for the 2024 tax year. The guide elaborates on the IRS’s classification of crypto as property and distinguishes between capital gains and income tax related to different crypto activities. It also emphasizes the importance of accurate transaction records to avoid significant penalties. As tax platforms like Koinly adapt to the changes, this evolution in tax regulation marks a growing global trend toward stricter crypto taxation. Traders should remain vigilant of such developments to minimize their tax liability.

Binance Coin (BNB) and the meme coin Pepe have both experienced significant price declines recently, prompting interest from investors seeking buying opportunities. BNB’s price has fallen around 22.79% to $564, while Pepe has decreased by over 60% from its all-time high due to widespread sell-offs, making it a risky investment. These downturns have led investors to look into 1FUEL, a new cryptocurrency known for its one-click cross-chain transactions and secure crypto wallet. 1FUEL is predicted to experience substantial growth, potentially increasing its value tenfold in the coming weeks. The cryptocurrency has attracted investors with its innovative features and ongoing presale, offering high returns and a promising alternative to traditional crypto investments.

A renowned analyst, known for accurately forecasting Bitcoin’s massive gains, now projects a staggering 35,000% increase for Dogen, a meme cryptocurrency, by mid-2025. The prediction has generated considerable excitement within the crypto community. Dogen is seen as a meme token with explosive growth potential, expected to surge 700% by the end of its presale, influenced by the ongoing altseason. Meanwhile, Bitcoin is nearing key support levels, suggesting a potential for bullish reversal despite its recent decline. Analysts anticipate Bitcoin’s relative strength index indicates a rebound, which might enable Bitcoin to breach significant resistance levels, offering potential profit opportunities. This dual focus on Dogen and Bitcoin provides traders with insights into immediate and future trading potential in the crypto market.

Mog Coin has recently overtaken Popcat in market capitalization, despite a 9% drop in its price to $0.0000033. MOG now boasts a market cap of $1.2 billion, surpassing Popcat’s $1.1 billion, which fell by 16% to $1.13. As the meme coin market experiences volatile shifts, Mog Coin’s relative stability highlights its resilience. Simultaneously, Catslap, an Ethereum-based meme coin, is gaining significant attention due to its ’Slap-to-Earn’ game, marking a 4,200% increase since its launch in November. It maintains strong visibility on platforms like MetaMask and is considered an alpha project with growing community interest. The meme coin segment faces challenges as major coins like Dogecoin and Shiba Inu experience major declines, leading to $1.5 billion in trader losses. Catslap’s resilience is attributed to its strategic buyback approach and active community involvement, contrasting the overall bearish trend.

CryptoAppsy is a mobile crypto tracker offering real-time price updates and comprehensive portfolio management. This crypto tracker runs smoothly without registration on iOS and Android. Its dashboard auto-refreshes every five seconds, consolidating market data, watchlists and a personalized news feed in English, Turkish and Spanish. The multi-currency portfolio manager calculates profit and loss instantly across ten fiat currencies. A new coin index tab highlights recently listed tokens with market cap and volume data. Smart price alerts send push notifications when assets hit target levels, helping traders reduce FOMO. The app also features a live news stream and weekly highlights. Rated 5.0 on the App Store and 4.5 on Google Play, CryptoAppsy is ideal for beginner and experienced traders seeking an all-in-one crypto tracker.

CryptoAppsy has launched a mobile app delivering real-time crypto data. The dashboard refreshes prices every five seconds across thousands of assets. This real-time crypto data feed supports arbitrage and sudden swing capture. The “Panel” view consolidates favorites, multi-currency portfolio tracking, and a custom news feed. The portfolio tracker auto-calculates total asset values and fiat profit or loss. The personalized news feed filters curated summaries, live streams, and weekly developments by holdings. In the “Index” section, users get early data on newly listed coins, including price, launch time, volume, market cap, and advanced historical charts. Smart price alerts push notifications at predefined levels to prevent missed opportunities. Lightweight and registration-free, the app is available in Turkish, English, and Spanish on iOS and Android. Rated 5.0 on the App Store and 4.5 on Google Play, it earns praise for its intuitive interface, fast notifications, and low device impact.

The Ruvi AI presale has raised over $4 million by selling 285 million RUVI tokens, outpacing early Avalanche (AVAX) rounds. More than 3,900 investors have joined Phase 3 at $0.02 per token. A CyberScope audit and pending CoinMarketCap listing strengthen project credibility. VIP tiers offer up to 100% bonus tokens, and Phase 4 automatically locks in a 40% price jump to $0.028. A WEEX exchange partnership ensures future liquidity. Market analysts predict the Ruvi AI presale momentum could drive RUVI toward a $1 valuation, presenting a bullish opportunity for traders.

Recent US crypto laws – the bipartisan GENIUS and Clarity acts – have clarified oversight, boosting Ethereum’s role in tokenized assets and stablecoins. Last week, Ethereum outperformed major assets with the ETH/BTC ratio up 27% and Bitcoin dominance down 6%. Derivatives open interest rose by $6 billion, while Ethereum ETPs saw $2.1 billion in inflows and SPAC deals added 400,000 ETH. Institutional demand surged as Bit Digital swapped all BTC for over 100,000 ETH, and firms like BTCS Inc., BitMine Immersion and SharpLink increased holdings. On-chain data shows 51 entities have staked 1.26% of Ethereum’s supply. The first Ethereum staking ETF is slated for Q3 2025 and could attract $20–30 billion annually at 3–4% yields. With 55% of tokenized assets and half of stablecoin market cap on its chain, Ethereum’s regulatory clarity and product innovation prospects point to continued bullish momentum.

BNB rose 5% daily and 13% weekly to reach an ATH of $801. Trading volume jumped 40% to $3 billion, while derivatives volume gained 31% and futures open interest climbed 19%. On-chain data shows a 25% rise in active addresses and a 40% spike in transaction volume on BNB Chain. Nano Labs purchased $90 million BNB OTC at an average price of $707, signaling strong institutional demand. Major firms announced plans to integrate BNB payments and deploy smart contracts, including a cloud services partnership. Technical indicators show BNB trading above its 20-day SMA, with the RSI at 87.5 and price above the upper Bollinger Band, suggesting overbought conditions and a potential pullback near $820 resistance. However, bullish momentum remains intact. Traders should monitor on-chain metrics, central bank signals, and key resistance levels for clues to BNB’s next move.

The US House has passed three landmark crypto regulation bills this week. First, the CLARITY Act (294–134) defines whether tokens fall under the SEC or CFTC, bringing digital asset market clarity. Second, the GENIUS Act (308–122), now law after President Trump’s July 18 signature, creates the first US regulatory framework for dollar-backed stablecoins—mandating full reserve backing, monthly audits, AML checks and consumer protections. Third, the Anti-CBDC Surveillance State Act (219–210) blocks the Federal Reserve from issuing a digital dollar. While the CLARITY and Anti-CBDC bills now head to the Senate, early market reaction was mixed: Bitcoin (BTC) stayed above $118,000 and Ethereum (ETH) hovered near $3,500. Traders should watch new stablecoin issuer approvals, reserve disclosures, Senate votes and pending rule-making for potential impacts on market structure, stablecoin compliance and the broader digital finance ecosystem.

Ethereum surged past $3,500 on July 18, triggering over $800 million in liquidations as it outperformed Bitcoin, broke its 200-day moving average and rebounded 100% from Q2 lows. Renewed institutional demand drove U.S.-listed spot Ethereum ETFs to a record $1.7 billion inflow—highest since December 2024—lifting ETH 9% to $3,642, with weekly and monthly gains of 22% and 43%, respectively, and boosting its market cap to $439 billion. Corporate treasury allocations added momentum, pushing the total crypto market cap above $4 trillion. Bitcoin traded above $120,000 (98% of supply in profit), while XRP hit a record $3.64 (market cap $207 billion), and major altcoins BNB and SOL also posted significant gains. Improved U.S. regulatory outlook has strengthened confidence, though analysts warn of a potential Bitcoin correction toward $108,000. Traders should monitor ongoing volatility and altcoin momentum for short-term opportunities.