Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum market cap surged past retail giant Costco to about $230 billion, marking a key milestone as the global crypto market cap climbed above $4 trillion for the first time. The rise in Ethereum market cap underscores growing institutional and retail interest, following net inflows totalling $172 million last week—led by $114 million into Bitcoin and $58 million into Ethereum funds. The inflows sent Bitcoin near $66,000 and Ethereum above $4,000. CME Bitcoin futures open interest hit a record $27.5 billion, signalling robust institutional demand. Major altcoins also advanced: Solana rose 10% and Cardano 6%. Analysts attribute the rally to high-profile ETF filings, US regulatory clarity, smart-contract adoption and network upgrades like the Shanghai hard fork. Traders are watching ETH price action for potential entry and exit points, as stronger macro factors support further upside.

Analysts forecast XRP to correct to about $2.53 in 2025 amid market consolidation and regulatory uncertainty. From 2026, clearer rules and institutional adoption could drive XRP above $5, rise to $11–$12.70 by 2028, and surpass $20 by 2030. Meanwhile, memecoin XYZVerse launches a $0.0033 presale offering up to 50× gains post-listing. Its tokenomics include a 17.13% burn, 15% liquidity reserve, and 10% community rewards. XYZVerse aims to list on major CEXs with initial targets of $0.10–$0.25 and long-term potential of $0.20–$0.40 within 12 months. Traders should monitor regulatory updates, institutional partnerships, exchange listings, and community activity to assess XRP’s momentum and XYZVerse’s risk–reward.

Nasdaq-listed Bitcoin miner Bitmine Immersion has shifted to an ETH treasury strategy, allocating over $1 billion to Ethereum to earn staking yields and diversify from BTC volatility. This ETH treasury reallocation positions the firm to tap into DeFi, NFTs and dApps growth. Shares surged after Peter Thiel’s Founders Fund acquired a 9% stake, reflecting growing institutional adoption of Ethereum. The trend aligns with Robinhood’s tokenized US stocks launch, Bit Digital converting 280 BTC into ETH, and rising stablecoin activity following Circle’s IPO and the GENIUS Act progress. On July 17, ETH traded at $3,426.54, up 8.4% in 24 hours and 18.6% in Q3, outperforming Bitcoin. However, RSI indicates overbought conditions, hinting at a potential short-term pullback amid overall bullish momentum. Traders should monitor ETH treasury developments, staking yields and market indicators to optimize entry points and risk management.

Matador Technologies has launched a Bitcoin treasury strategy to accumulate 6,000 BTC by end-2027, building from its current 77.4 BTC holding. On July 14, the Toronto-based firm filed a CA$900 million shelf prospectus to fund the plan over 25 months through at-the-market equity, convertible debt, asset sales and BTC-backed credit lines. Approved by TSX Venture Exchange as a hybrid technology/investment issuer, Matador will deploy a compounding flywheel model covering BTC accumulation, synthetic mining, DeFi-linked revenue streams and yield generation from market volatility. CEO Deven Soni calls Bitcoin the company’s core asset, while CVO Mark Moss highlights the strategy’s role in balance-sheet stability and inflation hedging. Combined with a recent Frankfurt listing (IU3) and a 24% stake in India’s HODL Systems, this Bitcoin treasury strategy positions Matador among top corporate holders. Traders should watch Matador’s funding milestones, acquisitions and product launches as potential catalysts for BTC volatility.

Bank of America and JPMorgan Chase are accelerating their entry into the stablecoin market. Earlier this year, Bank of America issued an RFI on a dollar‐pegged digital dollar stablecoin to speed up interbank and cross‐border payments. JPMorgan plans to expand its existing JPM Coin pilot into broader stablecoin services. PayPal’s PYUSD is already live on Ethereum and Solana, with an Arbitrum deployment and rewards program to boost adoption. The global stablecoin market has grown to $258.5 billion in market value with $143.1 billion in average daily trading volume. Regulators, including the SEC and Federal Reserve, are weighing targeted exemptions to foster asset tokenization. Traders should monitor stablecoin issuance updates and regulatory rulings, as wider bank adoption and new payment use cases could reshape liquidity and trading volumes.

Shiba Inu has held a strong $0.000011 support zone after forming a bullish double bottom. Price is trading near $0.0000145, up over 15% weekly but still 31% below year-start levels. One analyst forecasts a 110% rally to $0.000029 on the double bottom breakout and rising social sentiment. A second expects up to 130% gains to $0.0000335 with entries at $0.00001092 and $0.0000188. Key indicators include an overbought RSI of 72, mixed whale flows, modest exchange outflows, and Shibarium network health (4.65 million daily tx, 50% utilization). With a 0.92 correlation to Bitcoin, any BTC pullback could affect momentum. Traders should monitor RSI levels, whale behavior, support and resistance zones, and Bitcoin’s moves. Risk management is advised for both short- and long-term positions of up to two years.

US economic data showed stronger-than-expected June retail sales (+0.6% vs +0.1% expected) and a 0.5% rise ex-autos. The Philadelphia Fed survey’s CAPEX, employment and new orders indices surged, with prices paid climbing to 58.8. Initial jobless claims unexpectedly fell while continuing claims reversed their recent uptick. Investors also eyed Netflix earnings projected at $7.07 per share and discussed Federal Reserve independence. Traders note that resilient US economic data could prompt tighter Fed policy, reducing liquidity and weighing on risk assets such as crypto.

WLFI tokenholders approved the removal of lockup restrictions with 99.94% support, enabling WLFI trading to begin. A limited batch of early investor tokens will enter exchanges first. Founder and team holdings remain locked under a longer schedule. Future token unlocks will require community votes, ensuring structured governance. The project raised $550 million through presales at $0.015 and $0.05 per WLFI token. The Trump family, now holding 40%, earned $57 million, while Tron founder Justin Sun invested $30 million. WLFI also acquired $10 million in ETH and appointed TRM Labs for compliance. The roadmap includes a USD1 stablecoin and a DeFi lending platform governed by WLFI votes. Traders should prepare for increased liquidity and potential volatility.

Recent FOIA disclosures show the US Marshals Service holds just 28,988 Bitcoin, valued at $3.4 billion, far below earlier estimates of 198,012 BTC and $25 billion. This challenges the Trump administration’s 2020 policy designating Bitcoin as a national reserve asset and aiming to expand holdings through budget-neutral measures. Wyoming Senator Cynthia Lummis, a noted Bitcoin advocate, criticized the sale of over 80% of government reserves as a strategic misstep that weakened the US position in the global digital asset race. The revelation boosts market confidence by reducing perceived sell-off risk and highlights ongoing transparency issues in federal crypto reserves. Traders should monitor shifts in Bitcoin demand and policy updates, as other nations increase digital asset reserves amid geopolitical tensions.

Trend Research has carried out two major ETH transfer events as part of its institutional portfolio rebalancing. Initially, it sold approximately 69,946 ETH (~$218M), trimming its holdings to 115,187 ETH. More recently, it transferred 79,000 ETH to Binance, reducing its on-chain reserve to 108,000 ETH. These ETH transfers triggered brief price volatility but were absorbed by the network’s deep liquidity. Traders monitor large ETH transfers to track changes in exchange reserves and market liquidity. The retained 108,000 ETH suggests Trend Research is maintaining a strategic reserve for future operations. Such whale activity typically signals profit-taking and risk management rather than outright bearish sentiment. Combining on-chain analytics with upcoming protocol upgrades and macroeconomic factors can help traders anticipate market shifts and identify trading opportunities.

Last week, BigONE suffered a crypto exchange hack when attackers exploited its hot wallet infrastructure in a cross-chain hack, stealing over $27 million worth of assets, including 120 BTC, 1,272 ETH, 23.3 M TRX and 2,625 SOL. The exchange’s real-time monitoring immediately flagged the breach, prompting it to suspend withdrawals and deposits. BigONE engaged external auditors, hardened its security, isolated hot wallets, and invited white-hat hackers to test its updated infrastructure while cooperating with global regulators such as Interpol, the U.S. SEC and FinCEN. It has pledged full reimbursement from its insurance fund, targeting compensation within one week, and confirmed that its cold wallets remained secure, resulting in no net user losses. This crypto exchange hack underscores the persistent risks of hot wallet hacks in the sector and highlights the importance of robust insurance reserves, transparent policies and real-time oversight for market stability.

Ripple has accelerated XRP adoption by leveraging its XRP Ledger for on-demand cross-border settlements. Following a 30% rally that outpaced BTC and ETH, XRP secured a $168 billion market cap, driven by deep liquidity, institutional investments and ISO 20022 integration via Fedwire-as-a-Service. SWIFT transaction volumes have fallen 15% even as XRP ledger activity surges, with Ripple CEO Brad Garlinghouse forecasting a 14% SWIFT traffic share within five years. Ripple has applied for a US national bank charter, is pursuing a MiCA license in Luxembourg for 450 million EU users, and formed partnerships such as with Japan’s SBI. A record $8.1 billion in futures open interest, growing treasury allocations, ETF launches and the RLUSD stablecoin’s $517 million market cap underscore XRP’s expanding utility and regulatory progress.

US authorities have formally closed the DOJ and CFTC investigations into Polymarket, ending the high-profile Polymarket probe that included an FBI raid on CEO Shayne Coplan’s home. The decision aligns with a broader US crypto regulatory shift under the Trump administration, offering traders clarity. Polymarket may now seek CFTC-licensed exchange status or partner with an existing licensee, bolstered by fresh funding from Peter Thiel’s Founders Fund and a forecasting partnership with Elon Musk’s X and xAI. Elsewhere, South Korea’s Seoul court acquitted former Wemade CEO Jang Hyun-guk of WEMIX market manipulation charges, while the Tornado Cash trial of co-founder Roman Storm has begun in New York. These developments mark a turning point for US-based crypto services, potentially boosting market access, liquidity and user confidence.

Kraken Derivatives US has secured state-level approvals in Vermont, West Virginia, North Dakota, Mississippi and Washington, D.C., expanding its regulated crypto futures and spot platform. Traders can now access Bitcoin perpetual futures with up to 50x leverage under an institutional-grade setup that includes cross-margin, a high-performance matching engine and comprehensive risk controls. The unified interface supports instant collateral transfers across markets and will later add commodities, FX, equities and fixed-income futures. Following Kraken’s commission-free stock trading launch, this move aims to boost liquidity, trading volume and compliance, attracting retail and institutional participants. Analysts note that similar expansions by CME and Bakkt drove spikes in Bitcoin derivatives activity; this rollout could increase short-term volatility while underpinning the long-term growth of the US crypto futures market.

Bitcoin initially climbed above the key resistance at $11,900 and pushed up to $12,300 on rising trading volume and bullish on-chain metrics. Profit-taking at the new high, overbought RSI readings and bearish chart patterns, combined with macro uncertainty—such as inflation concerns, central bank policy signals and regulatory anxieties—triggered a 5% pullback toward support around $11,500–$11,700. Ethereum (ETH) also saw modest gains during the rally, reflecting broad altcoin strength. Despite the dip, Bitcoin’s fundamentals remain robust, backed by continued institutional interest and network growth. Traders should watch resistance at $12,000–$12,300 and support near $11,500–$11,700 for clues on the next move.

Bitcoin’s market capitalization has reached $2.34 trillion as institutional investors ramp up allocations. According to the Kobeissi Letter, US institutions manage $31 trillion in assets. A mere 1% allocation from US inflows—around $300 billion—could propel BTC prices up 13% to $133,000. If global institutional inflows reach 1%, Bitcoin may approach $200,000. Major players like BlackRock and Fidelity have already amassed 717,388 BTC (3.6% of circulating supply) and 601,550 BTC (3%), respectively, combining for 6.6% of supply. The recent pullback of 4.3% from the $122,000 all-time high to $117,850 was driven by long-term holder profit-taking, with Glassnode reporting this week’s profit realization as the largest of the year. Key catalysts for further upside include ongoing institutional demand, corporate treasury stacking, and potential nation-state adoption. Traders should monitor support at $103,644 and resistance near $126,231, with consolidation expected before the next leg toward $130,000 and beyond.

ETH price has broken key resistances at $2,880 and $3,083, driven by over $1 billion in ETF inflows since July 9 and 545,000 ETH bought by treasury entities last month. Chart analysis shows support at $2,950 and the 20-day EMA near $2,734, with deeper floors at $2,613 and $2,500. A clear breakout above $3,083 could propel ETH toward $3,153, $3,400 and even the 0.618 Fibonacci extension at $3,588. Conversely, a drop below $2,880 (or EMA20 at $2,734) risks a pullback to $2,613 or $2,500. Traders should monitor ETF flows, treasury buying trends and Fibonacci zones to plan entries and exits.

HBAR has surged 49% over the past week to trade around $0.23, driven by Lloyds Bank and Aberdeen Investments issuing a tokenized money market fund on Hedera’s regulated blockchain, and a partnership with Accenture and EQTYLab to build blockchain-backed AI tools. On-chain data show a breakout from a falling wedge on rising volume, with net inflows of $5.11 million—the largest in six months—and a 90% probability of a spot HBAR ETF approval in 2025. Between July 9 and 15, mega whale wallets holding over $10 million increased their share of HBAR supply from 81.72% to 87.56%, signaling strong bullish conviction. The Chaikin Money Flow has cooled from overbought to neutral, often a precursor to renewed buying momentum. Having reclaimed the $0.23 support, HBAR could test $0.29—a 27% upside—based on a trend-based Fibonacci extension. A drop below $0.23 would invalidate this setup, shifting focus to the $0.19 0.618 Fibonacci retracement. Traders should monitor whale accumulation, CMF dynamics, key support and resistance levels, and ETF prospects for HBAR’s next move.

As the crypto market heats up in summer 2025, traders who profited from Shiba Inu’s rally are targeting a diverse set of meme coins for potential gains. Dogecoin (DOGE) offers a stable veteran play with broad listings but lower volatility. On Solana, Bonk (BONK) stands out for its high-speed airdrops and community-driven rallies, appealing to risk-tolerant investors. Little Pepe (LILPEPE) is conducting a presale at $0.0014 on an EVM-compatible Layer 2 chain, having raised $5.19 million and showcasing a zero-tax token model along with an NFT layer, launchpad and DAO governance. MoonBull (MOBU) on Ethereum leads with an exclusive whitelist, early-access pricing and unique staking rewards, while Pepe (PEPE) maintains deflationary pressure via supply burns and zero fees. Dogwifhat (WIF) leverages viral social hype and low transaction fees to capture organic traction. These meme coins span a range of risk-reward profiles—stability, explosive growth, structured ecosystems and viral branding—enabling traders to diversify strategies around low entry prices, robust tokenomics and strong community momentum.

Bitcoin surged to a fresh all-time high of $123,218, marking a 10% weekly gain. The Bitcoin spot volume on Binance dipped just before the rally, indicating a hidden squeeze and quiet accumulation. This drop in Bitcoin spot volume suggests major holders were stacking BTC off-exchange. On-chain data from CryptoQuant showed a sharp rise in exchange inflows, driven by whale deposits of up to 1,800 BTC in a single day. This indicates short-term profit-taking and a potential local top. Analyst data also reveals accumulator addresses bought 248,000 BTC in 2025—well above monthly averages—and now hold around $30 billion in Bitcoin. Long-term holders remain bullish, while institutional demand continues: spot Bitcoin ETFs recorded $2.72 billion in net inflows for the week ending July 11. Traders should watch for consolidation and possible sell-side pressure near current levels, but the overall outlook remains positive amid strong accumulation and ETF flows.

Metaplanet CEO Simon Gerovich and a Hong Kong-led consortium, including Top Win International, KCGI and UTXO Management, will acquire KOSDAQ-listed software firm SGA for about $25 million. The deal, approved by SGA’s board and Korea’s Financial Services Commission, issues 58.86 million new shares and adds a Bitcoin reserve strategy alongside SGA’s existing operations. This Bitcoin reserve strategy follows the MicroStrategy model, raising capital via zero-coupon convertible bonds or equity to fund large BTC purchases. Since April 2024, Metaplanet bought 797 BTC at an average price of $117,451, boosting its holdings to 16,352 BTC. It aims to hold about 1% of the global Bitcoin supply (≈210,000 BTC) by 2027. Pending final regulatory approvals, this corporate Bitcoin reserve strategy could drive long-term BTC demand and market confidence, though debt-servicing and dilution risks may increase if BTC prices fall.

Stellar (XLM) surged over 110% in a week, climbing to a six-month peak of $0.515 on heavy trading volume. Technical indicators now signal exhaustion: a bearish divergence on the 4-hour chart and an overextended convex Bollinger band. Despite a bullish weekly trend supported by Bitcoin’s and Ethereum’s ongoing rallies, XLM faces a likely pullback. Fibonacci retracement levels between $0.216 and $0.516 point to a key demand zone at the 50% level of $0.364. Accumulation/Distribution and Chaikin Money Flow confirm capital inflows, while liquidation heatmaps show long-liquidation clusters near $0.445–$0.395 and overhead liquidity above $0.51. Traders should watch volume trends and wait for a dip toward $0.364 before initiating new long positions, managing risk closely in this volatile phase.

Bitcoin has logged its strongest weekly close since May after a decisive breakout above the $118,000 resistance zone. With minimal overhead barriers until the $150,000–$200,000 range, bullish momentum and rising trading volumes point to sustained upside. On-chain data shows robust ETF inflows and growing supply in illiquid wallets, indicating that long-term holders are unlikely to sell and tightening market supply. Institutional demand via Bitcoin ETFs continues to boost liquidity and net inflows. Analyst and industry veteran Samson Mow has reaffirmed his $1 million Bitcoin forecast, suggesting that adding a zero is now a matter of timing rather than speculation. Potential catalysts include regulatory clarity, broader ETF adoption, macroeconomic shifts, and network upgrades. Traders should consider entry near support levels, monitor technical triggers and macro flows, and apply risk management to navigate ongoing volatility.

Altcoin investors are eyeing TRX, HYPE and XYZVerse for their next ROI play, aiming to turn $1,000 into $1 million by 2035. These tokens represent varied risk and reward profiles in the altcoin market. XYZVerse runs on Polygon and has raised over $14 million in a presale. Its token price climbed from $0.0001 to $0.003333, with a final presale price of $0.02 and a planned listing at $0.10. Structured tokenomics, community airdrops and strategic burns underpin its 1,000× ROI target. TRX, launched in 2017, powers low-fee dApps and transparent smart contracts. It has traded steadily between $0.28 and $0.29, hovering near key SMA-10 and SMA-100 levels. RSI is neutral at 54.4, and MACD is positive, with resistance at $0.30. HYPE offers a high-speed Layer 1 blockchain with HyperBFT consensus and gas-free perpetual futures trading on an on-chain order book. It has surged over 100% in six months to trade around $39–$42. RSI sits at 60.1 with bullish MACD momentum. Resistance levels are $43.67 and $48.05, and support levels are $34.91 and $30.53. When assessing altcoin ROI opportunities, traders should weigh each token’s market impact, liquidity prospects and development roadmap to gauge risk and reward.

Pump.fun ICO sold out in 12 minutes on Solana, raising $500 million for its PUMP token. The PUMP token has a maximum supply of 1 trillion, with 33% allocated to the ICO—18% for institutional investors and 15% for retail traders. The project reserved 24% of tokens for ecosystem development and 13% for early backers. The rapid token sale highlights a resurgence in memecoin projects and initial coin offerings after a downturn in early 2024. On-chain data reveals strong demand from automated bots alongside genuine traders. Dragonfly’s Haseeb Qureshi called the Pump.fun ICO one of the largest revenue-generating ICOs, forecasting significant fee-based income. In contrast, Mary Bent warned of high speculative risks for younger investors, and Coinbase’s Conor Grogan flagged concerns over bot-driven token creation. Pump.fun ICO success reflects renewed crypto funding activity on Solana, signaling potential price volatility for PUMP token. Traders should monitor on-chain performance and profit-taking dynamics amid growing memecoin momentum.

Grayscale has formally challenged the SEC’s pause on its Digital Large Cap (GDLC) spot altcoin ETF, which holds Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL) and Cardano (ADA). The SEC approved the GDLC altcoin ETF on July 1 but halted trading pending further review. In a legal complaint filed in the D.C. Circuit and a letter to the SEC, the asset manager argues this delay harms investors, breaches statutory timeframes and discriminates against altcoin ETFs compared with approved Bitcoin ETFs. GDLC’s composition is roughly 80% BTC, 11% ETH, 4.8% XRP, 2.8% SOL and 0.8% ADA. Grayscale says more than 100,000 retail investors risk losing built-in liquidity, transparency and compliance benefits. The firm demands that the SEC lift its freeze and greenlight the GDLC altcoin ETF on NYSE Arca, warning it will pursue further legal action if necessary. Traders are watching for the SEC’s next move, as the outcome could unlock billions in assets under management and set a key precedent for future altcoin ETF approvals.

Dogecoin price has solidified its bullish trajectory after clearing key thresholds at $0.15, the 21-day and 50-day moving averages, and reclaiming its point of control. The token surged to $0.19 before consolidating near $0.198. It now confronts immediate resistance at $0.21 and the $0.22–$0.24 Fibonacci retracement zone. A break above $0.21 could drive Dogecoin to $0.26, while a decisive move past $0.24 opens the path to $0.32. Alternatively, rejection here may see a pullback toward the 50-day SMA and support around $0.14, setting up a higher-low to maintain bullish market structure. On the 4-hour chart, the 21-day SMA remains above the 50-day SMA, and volume spikes confirm momentum. Traders should monitor breakout volumes, support tests at key levels, and broader resistance at $0.45–$0.50 with support clustered around $0.25–$0.30.

China’s state agencies, including the Shanghai SASAC and the People’s Bank of China (PBOC), have begun research into yuan stablecoin development and pilot trials. SASAC director He Qing and PBOC Governor Pan Gongsheng emphasized exploring digital currencies and blockchain payments to enhance cross-border settlement. Leading fintech firms such as Ant Group and JD.com petitioned the PBOC to authorize a yuan-backed stablecoin to challenge US dollar–pegged rivals. Advisor Huang Yiping and policy experts propose piloting yuan stablecoin in the Shanghai Pilot Free Trade Zone and Hong Kong to navigate capital controls and collect data. Despite stringent regulation and supervisory complexities, China’s cautious shift suggests yuan stablecoin solutions could bolster renminbi internationalization and expand market liquidity.

Pump.fun’s PUMP token has seen a 40% pre-ICO premium on derivatives platforms as OKX and Hyperliquid launch perpetual futures trading ahead of the July 12 ICO. Within 24 hours, futures volume topped $30 million and open interest hit $17 million, with up to 5x leverage on OKX and 3x on Hyperliquid. The PUMP token ICO starts on July 12, offering 33% of the 1 trillion supply—18% for private buyers and 15% for public sale at $0.004 per token, all unlocked at launch. The project features deflationary tokenomics: a 2% burn and 1% redistribution on each trade, plus automated market making and staking pools offering up to 30% APY. Pump.fun has already generated over $600 million in meme coin launch fees on Solana and aims to build a decentralized rewards-driven social network. Traders should note Ethereum gas costs and market sentiment ahead of the token’s DEX listing late July.