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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Calls for Fed Regime Change and Fed-Treasury Alliance

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President Trump don dey increase public yawa for Federal Reserve Chair Jerome Powell, dey accuse am say e dey do corruption and dey push make dem carry am comot. As pressure for politics dey grow, people dey talk say dem fit change Fed regime. For CNBC, former Fed governor Kevin Warsh talk say make dem change Fed regime complete and bring back Fed-Treasury alliance. E blame current leaders say dem no get credibility, support make dem cut interest rates together, and suggest say make dem link quantitative tightening with fiscal targets to handle US $36 trillion debt. For crypto traders, dis thing fit make monetary policy soft small. Bitcoin fit go up as safe-haven when things no clear. Traders suppose dey watch Fed communication and Powell term wey go last till May 2026, to sabi how interest rates and policy fit change.
Bullish
Federal ReserveMonetary PolicyFed-Treasury AllianceInterest RatesUS Debt

RippleX Propose Metadata Standard for XRPL MPTs

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RippleX don introduce draft metadata standard (XLS-0089d) wey go make am easy to produce, find, and join Multi-Purpose Token (MPT) for XRP Ledger. The standard say make some JSON fields for ledger—currency, name, asset_class—mandatory, plus optional ones like desc, icon, acct_name, and weblinks but all inside 1024-byte limit. External URI fit carry bigger off-chain data. To help people see token well and make am work well for wallets, explorers, and DEX UIs, standard categorize assets by purpose (rwa, defi, gaming, memes, wrapped, other) and subclass (stablecoin, commodity, equity, etc.). Adoption no compulsory, but SDKs go tell developers if metadata no dey. Once 80% community agree, amendment go start without hard fork. XRP dey sell for $3.15 as news drop.
Bullish
XRP LedgerMulti-Purpose TokensMetadata StandardRippleXXLS-0089d

MSTR Dey Soar on Bitcoin Hold as Saylor De Yarn ’More BTC’

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MicroStrategy (ticker MSTR) reach one record $128.4 billion market cap on July 16, 2025, as e dey push sharp sharp their Bitcoin waka. Since August 2020, dem don gather 601,550 BTC (2.86% of how many Bitcoin dey for market), wey value reach about $73 billion, to make sure say their balance no go get wahala with inflation and make MSTR shares price run with Bitcoin price movements. For the last five years, MSTR stock don bring 3,558% return, pass Bitcoin own 905% rally and big big index like QQQ and SPY. Michael Saylor, executive chairman, confirm say e dey ginger for X, talk say “the only thing better than Bitcoin na More Bitcoin.” This big corporate gathering make MicroStrategy be like Bitcoin ETF, wey dey make institutional people want am more and fit make Bitcoin price strong. Even though wahala with volatility and regulations dey, MSTR steady buying strategy at average $71,270 per BTC show say dem trust Bitcoin as better long-term money store.
Bullish
BitcoinMicroStrategyMichael SaylorBTC holdingsInstitutional demand

Chainalysis: Record Crypto Theft and Increase for Violent Crime for Asia

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Chainalysis report show sey crypto crime don reach record hight for first half 2025, wit $2.17 billion kasa steal from service dem—pass all weh dem do for 2024. North Korea hack ByBit $1.5 billion make dem responsible for 69% of crypto thief. Personal wallet breach don grow reach 23.4% of loss. 'Wrench attacks' spike when Bitcoin rally dey, show sey dem dey target people violently. Asia self don become one hotspot for violent crypto crime. For 2023, force transfer with gun for Southeast and South Asia reach $7 million, up 75% year-on-year. Criminal dem dey demand Bitcoin (BTC), Tether (USDT) or TRON (TRX) so dat dem fit run from banks. Main hotspots na Philippines, Indonesia and Malaysia. Laundering tactics include bridge transfer and mixers to premium fees wey high pass standard cost by 14.5×. High-profile case like ₱200 million ransom for Philippines show how blockchain forensics dey help law enforcement. With stolen funds dem fit pass $4 billion by year-end, report dey urge exchanges to make their security culture strong, use multisignature wallets, improve on-chain monitoring, make real-time compliance better and educate users about safe withdrawals.
Bearish
violent crypto crimeChainalysis reportAsia crypto crimecrypto extortionmarket security

Infini Hack: 4,770 ETH Dump Mean Say More Sell-Off Dey Come

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Di Infini hack first show for July 10, 2023 when attackers comot 6,771 ETH (~$19 million) from DeFi lending protocol. Di hacker liquefy 5,000 ETH via Tornado Cash and keep 1,771 ETH for intermediary wallets. February 2025 come, di Infini hack happen again as attacker steal $50 million USDC and change most to 17,696 ETH for average price $2,798. When ETH jump pass $3,400, their load jump to $59 million, make like $10 million profit. For July 17, 2025, di linked wallet waka again, move 4,770 ETH (~$16 million). PeckShieldAlert talk say 3,000 ETH waka via Tornado Cash and 1,770 ETH swap for $5.9 million DAI—clear ETH dump. Di wallet still hold about $38 million ETH, meaning say more liquidations dey come. Infini 20% bounty and no-law action offer no find recoveries. Di matter show say smart contract admin risk still dey and na one of di biggest crypto exploits for 2025. Traders suppose ready for bearish pressure for ETH price as more sell-offs dey come.
Bearish
Infini hackEthereumETH dumpTornado CashCrypto exploits

SPX 31% Gain Boost Meme Coins After $55M SOL Buy

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Meme coins dem rally as SPX lead 31% monthly gain, wey boost di sector market cap to $72.3 billion. Dis surge help investor Murad grow im portfolio to $56.9 million without any rebalancing for eight months. For July 16, Solana launchpad Letsbonk.fun see 19,900 new meme token launches, drive 60% boost for active launch addresses. Earlier, Galaxy Digital buy $55 million of SOL for two hours, push SOL’s 24-hour volume to $9 billion and price climb 6% to $173 as ETF expectations dey grow. Solana-linked tokens BONK and SPX6900 get 26% volume boost. Traders dey eye new presale memecoins like Snorter Token (SNORT) and Token6900 (T6900), wey the latter raise over $500,000. Meanwhile, Dogecoin break pass $0.20, post 17% weekly gain and daily volume of $3.3 billion, with analysts target $0.43 next. These shows say dem don get renewed interest for high-volatility meme coins and Solana ecosystem activities.
Bullish
Meme CoinSPXSolana LaunchpadMarket GainsInvestor Murad

Ethereum Dey Near $4K Due to ETF Inflows; BTC & Meme Coins Dey Surge

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Ethereum price dey climb near $4,000 mark after spot ETH ETFs record seven days straight of net inflows total $1.3 billion. Institutional buyers, wey SharpLink Gaming lead with dem increase reach 280,000 ETH, dey complement better staking since Shanghai upgrade, wey dey reduce liquid supply and dey boost Ethereum price momentum. For technical level, Ethereum don pass $3,000 and e dey test resistance for $3,100–$3,220, though overbought signals fit mean short-term pullback fit happen. Bitcoin show bullish cup-and-handle pattern for monthly chart, with clear breakout pass $112,000 wey fit target $230,000 after $700 million leverage liquidations. For meme coins, Solana-based Bitcoin Hyper (HYPER) raise over $3 million for presale funding, dey offer 395% APY on staked tokens with 130 million locked. Trade tensions wey dey ease plus tariff extensions fit make more money enter crypto markets, dey drive further gains for DeFi networks, NFTs and new token launches.
Bullish
EthereumSpot ETF InflowsBitcoin HyperMeme Coin PresaleMarket Analysis

Ethereum Don Ralli from $3,000 to $3,400, Eye $3,500+

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Ethereum price dey continue e uptrend after e first break pass $3,000, e extend the rally pass $3,400 for strong buying momentum. The ETH/USD pair dey trade pass im 100-hour simple moving average and one important bullish trend line near $3,300, with RSI above 50 and MACD momentum dey rise. Bulls don test the $3,420 zone, dem fit push am go $3,500 and $3,650 if dem clear the $3,420 resistance. For downside, support dey for $3,300, $3,220 and $3,180, if e drop below $3,220, e fit cause correction to $3,050. Elsewhere, XRP dey maintain bullish momentum around $3.00, e dey face resistance at $3.30 and get support close to $2.70, while Bitcoin rally reach e peak for $125,000 before e begin consolidate between $115,000 and $120,000, strong longs support dey there from $112,000–$118,000. Overall, the bullish momentum for Ethereum price and XRP technicals pass Bitcoin small correction, e dey reinforce better outlook for crypto trading.
Bullish
EthereumTechnical AnalysisPrice LevelsMarket MomentumCrypto Trading

U.S. House Pass Federal Crypto Bill wit Narrow 217-212 Vote

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For DATE, U.S. House pass one federal crypto bill, dem vote sharp sharp 217-212. The crypto bill go set national rules for crypto regulation and protect investors. E get ways dem plan for market watch, tax report, and protect consumers. Na the first big move wey dem make for digital asset regulation for federal level. People wey support talk say clear rules go make market stable and make institutions dey use crypto well well. People wey no gree warn say government fit use power pass, and e fit cause wahala for small traders. The close vote show say party people no too gree and policy still dey confuse. Traders dey look Senate review plus change wey fit come. The result fit make price waka up and down short time and fit show how regulation go be for crypto market long time.
Neutral
crypto legislationUS Housecryptocurrency regulationblockchain policyinvestor protection

Smarter Web Company Increase Bitcoin Reserves to 2,500 BTC

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UK tech company wey dem dey call The Smarter Web Company don dey increase their Bitcoin stash steady steady through two cash buys. For 2025, dem spend £27.1 million buy 325 BTC for average price of £83,525, wey make their Bitcoin reserve reach 1,600 BTC as part of their ten year crypto plan. Dem come introduce one Price-to-Bitcoin-Yield-Delivered (P/BYD) metric wey show say current yield rates fit recover cost for 32 days, with year-to-date Bitcoin yields at 39,258% plus 419% return for last month. Dem still get £4 million cash and since 2023, dem dey accept Bitcoin payment, so dem dey plan more buys. Recently, Smarter Web complete $36 million buy for around 950 BTC at $37,900 each, wey boost their reserve to 2,500 BTC and put dem for top 100 corporate Bitcoin holders worldwide. After this latest buy, their share price rise by 4%. Traders suppose watch out for rising corporate demand, possible short-term Bitcoin market wahala, and support for long-term price growth.
Bullish
Bitcoin reservesCryptocurrency strategyP/BYD metricCorporate financeDigital asset integration

TAC Mainnet Live Dey Boost DApp Adoption, TON Price Dey Eye $3.69

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TAC mainnet don waka go live for Tuesday, wey make Telegram 1 billion users fit access EVM DApps straight inside di messenger. Dis TAC mainnet integration fit push tori DApp adoption plus asset flow enter Toncoin network. For price analysis, TON price don climb pass e 20-day EMA for $2.94 and e dey close to di descending triangle downtrend line near $3.00. If e break dat resistance well, e go cancel di bearish pattern and fit carry TON/USDT reach $3.69 on di daily chart. If e no fit cross $3.00, e fit dey stuck for inside di triangle, try test support for $2.75. For four-hour chart, moving averages dey rise and RSI dey bullish support more gains. If e bounce from 20-EMA and break di downtrend line, e fit trigger rally to $3.40–$3.50. But if e fall below short-term EMAs, e fit try retest $2.90. Traders make dem watch these technical levels well before any breakout fit happen.
Bullish
TAC mainnetToncoinPrice AnalysisTechnical AnalysisDApp Adoption

Windtree go Build $200M BNB Treasury, CZ dey Back Build & Build

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Windtree Therapeutics don sign $200 million securities purchase agreement with Build and Build Corp make dem fit start regulated BNB treasury. For phase one, the Nasdaq-listed biotech go deploy $60 million buy BNB tokens and shares for Osprey BNB Chain Trust. CEO Jed Latkin talk say this one na big milestone for Windtree digital asset strategy. Binance CEO CZ praise the move for X, call for more BNB micro strategies. Build and Build Corp, wey Off The Chain Capital, Kraken, Galaxy, and Silvermine back am, dey serve as bridge for traditional capital enter crypto. Windtree method fit allow institutional investors get BNB exposure through stock without direct custody. BNB dey among top ten cryptocurrencies with market cap about $101.9 billion and daily trading volume near $2 billion. After announcement, Windtree shares drop 4.6% to $0.79. Analysts talk say more corporate BNB reserves fit boost liquidity and long-term value, show say institutional trend dey grow for altcoin treasury strategies.
Bullish
BNBWindtree Therapeuticsinstitutional investmentcrypto reserveBuild and Build Corp

Upexi Don Raise $100M To Boost SOL Holdings As Solana Network Dey Grow

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Upexi don launch $100 million financin round to boost e SOL holdings and support Solana blockchain wey get high performance. Di company wey get about $50 million worth SOL and report record Q1 earnings because of SOL rally, dey talk say Solana get better throughput, quick finality wey no reach one second, and low fees. Di on-chain activity from NFT, decentralized exchange reach institutional tokenized assets dey increase. Upexi wan do value-added financin wit conservative risk management, no go use too much leverage, and dem dey partner wit correct custodians for secure storage. Management still dey optimistic on SOL, dem talk say developer adoption dey grow, protocol upgrade dey come, plus new things like Solana Pay go help price rise for long term.
Bullish
SolanaHigh-Performance BlockchainFinancing RoundUpexiSOL Token

SRM go TRON for $210M Merger; Shares Jòp 533%, 365M TRX

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SRM Entertainment don change im name to TRON afta e complete $210 million reverse merger wey Justin Sun from Tron lead. The new name TRON start to trade for Nasdaq under the ticker “TRON” on July 17. The deal e get part wey Justin Sun papa put $100 million TRX inside am, e dey push the company enter crypto-focused treasury management. The Florida-based company wey be Disney-themed merchandise supplier before get 365 million TRX tokens now. TRON don stake their TRX on JustLend, dey make yields reach 10%. SRM shares jump 533% on June 16 to $9.19, then still waka up another 53% after dem change the name. Weike Sun go be chair, Justin Sun go be advisor. CEO Rich Miller talk say the rebrand na to boost long-term value with fast, low-cost transactions. This move confirm TRON as one top corporate TRX holder and staker wey go likely carry on-chain activity and token demand waka well.
Bullish
TRONSRMTRXShell ListingStock Surge

SEC delay Bitwise BTC & ETH ETF In-Kind Creations 'til September 2025

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US Securities and Exchange Commission (SEC) don extend dia review for Bitwise Asset Management in-kind crypto ETF creation proposal dem for dia Bitcoin ETF (BITB) and Ethereum ETF (ETHW), dem delay decision from July 25 go to September 8, 2025. For in-kind crypto ETF creation model, authorised people dem go swap real Bitcoin and Ethereum with ETF shares, e resemble traditional commodity funds and e try reduce slippage, smooth operations, and secure tax benefits. SEC caution approach, wey also delay BlackRock spot Ethereum ETF decision, dey reflect ongoing checking for market manipulation, custody security, and operational complexity. Commissioner Hester Peirce talk say in-kind creations for crypto ETFs no fit stop, while big players like 21Shares, Fidelity, WisdomTree, BlackRock, and VanEck dey pursue same applications. Bitcoin dey around $118,900 and Ethereum near $3,360, meaning say demand for regulated crypto ETFs strong. If dem approve in-kind crypto ETF creations, e fit improve ETF liquidity, reduce costs, and open road for advanced structures. Traders suppose watch updated timeline and regulatory changes, because more delay fit slow down US crypto ETF innovation.
Neutral
SEC ReviewCrypto ETFIn-Kind CreationBitwise ETFsEthereum

Matador dey plan to get 6,000 BTC by 2027 with C$900M

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Matador Technologies don launch one corporate Bitcoin acquisition plan to build 6,000 BTC treasury by 2027. The Calgary based company wey get 77.4 BTC now don file for C$900 million finance application to support dis Bitcoin acquisition strategy. If dem approve am, Matador fit raise capital for 25 months through equity offerings, debt instruments, Bitcoin backed loans, and strategic partnership. The company dey target to add 5,934 BTC at average cost of C$151,659 per coin, aiming to get 1,000 BTC by 2026 and join top 20 investors wey hold 1% of Bitcoin supply. CEO Deven Soni talk say Bitcoin na core asset and e dey serve as inflation hedge. The strategy wan boost shares per BTC, make use of price volatility, and develop Bitcoin based financial products. Dis corporate Bitcoin strategy dey aim to strengthen the balance sheet and support the global Bitcoin ecosystem.
Bullish
Matador TechnologiesBitcoin AcquisitionCorporate Bitcoin StrategyCryptocurrency FinancingBitcoin Ecosystem

Pump.Fun $19M PUMP Buyback Spar 30% Rally

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Solana-based launchpad Pump.Fun don put aside about $19.3 million for platform fees to buy back 3.2 billion PUMP tokens at average price of 0.0064 SOL, wey mean say dem reverse earlier sale of 4.1 million SOL. Dem earmark 187,770 SOL (~$30.5 million) for dis deflationary buyback effort, after dem do record-breaking $600 million token sale wey finish for 12 minutes. Dis PUMP token deflationary move boost market confidence, sharp price rally nearly 30% from $0.005 to $0.0068. Inside Hyperliquid DEX, PUMP/USDC trade first drop 13% but bounce back well. Retail people show more interest, active addresses climb from 10,000 to 33,000 in just two days, mainly from small holders. Pump.Fun also buy Kolscan, one wallet-monitoring tool wey dem design to attract smart money tracking. As dem face tough competition from other launchpads like letsbonk.fun and their BONK token, Pump.Fun future depend on how e go fit sustain value beyond memecoin hype. Traders go dey watch whether the buyback momentum and on-chain analytics fit secure long-term growth and market share.
Bullish
PUMP tokenbuyback programmemecoinSolanaretail investors

XRP Don Rise Reach Six-Month High on $8.8B Record Open Interest

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XRP don rally reach im highest for six months, e climb pass 5% for the past week dey around $3.05. Open interest for XRP perpetual futures hit record $8.8 billion, e jump from $3.2 billion, na beacuse $3.4 billion enter for Binance and Bitget. Positive funding rates for major exchanges show say traders dey bullish and dem dey fear miss out on leveraged long positions. Trading volume also jump 30% from week to week. Analysts talk say the momentum na because hope don return on Ripple SEC legal fight, XRP Ledger compliance features, and possible stablecoin law. Better regulatory clarity dey help institutional adoption grow. With record derivatives activities, institution interest rising, and clearer legal view, liquidity and price stability fit improve. Traders suppose dey watch funding rates and regulatory updates to check if XRP momentum fit hold.
Bullish
XRPOpen InterestInstitutional AdoptionRegulatory ClarityFutures Funding Rate

Altseason 2025: Ethereum Breakout, Bitcoin Dominate Fall

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Altseason 2025 dey gather momentum as Bitcoin dominance dey fall and Ethereum dey extend im breakout, wey dey spark altcoin rally. For di past three weeks, altcoin market index don increase 225%, wey memecoins and DeFi tokens dey drive am. Dogecoin and Shiba Inu jump pass 300%, while Solana, Cardano, Avalanche and Polygon gain between 150% to 250%. Bitcoin market share drop from 66% to about 63.4%, wey boost total altcoin capitalization above $1.5 trillion as traders dey rotate profits. Ethereum don double since April, break above $3,900, and now dey serve as bellwether for wider altcoin performance. Market strategist Merlijn the Trader talk say current resistance tests dey mirror those wey happen before 2021 altseason breakout. Even if Bitcoin don hit new highs, retail interest remain low according to Google Trends, wey mean say delayed retail-driven phase fit fuel next wave of Altseason 2025. Traders suppose dey monitor Bitcoin support near $60,000, Ethereum resistance around $4,000, and on-chain retail activity. Sharp Bitcoin correction or wider macro sell-off fit still trigger quick altcoin reversals, so strict risk controls still important.
Bullish
Altseason 2025Bitcoin DominanceEthereum BreakoutAltcoin RallyRetail Interest

PayPal Don Extend PYUSD to Arbitrum for Faster, Cheaper Payments

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PayPal don extend dia PYUSD stablecoin go Arbitrum layer-2 network, wey start work July 16. Dis move put Arbitrum join Ethereum and Solana, make PYUSD transaction fast and cheap with weekly buy limit of $100,000 and send cap of $25,000. PayPal and Venmo users dem now dey share one PYUSD balance, e make transfer easy for all the networks wey dem dey support. Dis launch na follow Paxos 2024 tokenization partnership wit Arbitrum, na PYUSD first layer-2 expansion. By to reduce gas fees and quick settle, PayPal dey try make payment digital dey smooth, increase DeFi integration and make small business use am more before dem 2025 target. After the announcement, Arbitrum own ARB token jump pass 10%, show say people dey like layer-2 solutions.
Neutral
PayPalPYUSDArbitrumStablecoinsDeFi

GameStop Crypto Payment Plan After $500M Bitcoin Hedge

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GameStop dey yarn about their crypto payment plans wey dey come after dem buy $500 million Bitcoin as inflation gbege cover. CEO Ryan Cohen talk to CNBC say dis GameStop crypto payment plan—wey go make people fit pay for trading cards and collectibles—go depend on how customers want am and fit support different kine cryptocurrencies. The company get over $9 billion cash and securities and dem plan to use the money well for future crypto payment solutions. Their former crypto moves, like wallet and NFT market wey dem start for 2022, dem shutdown am cos regulatory wahala. GameStop also raise $450 million from private offer to fund digital asset business. After dem buy Bitcoin, GameStop stock price no too change.
Bullish
GameStopCrypto PaymentsBitcoin HedgeCollectiblesDigital Assets

ARK Invest don sell $8.7M Bitcoin ETF shares after 3-for-1 stock split

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ARK Invest don sell $8.7 million worth of their ARK 21Shares Bitcoin ETF (ARKB) shares—225,742 units—wey be dia biggest sale since di 3-for-1 stock split for mid-June. Dis move na profit-taking and tactical portfolio rebalancing, no be say dem wan reduce Bitcoin exposure. Even after dis sale, ARK still get about $349 million inside Bitcoin ETF positions for ARKK, ARKW, and ARKG, show say dem still believe blockchain technology for long term. Bitcoin ETFs like ARKB dey offer regulated access and liquidity for institutional adoption. Di recent stock split boost how people fit buy shares and di trading volume. Traders see dis transaction as normal rebalance, e no too get big impact for Bitcoin price.
Neutral
ARK InvestBitcoin ETFPortfolio RebalancingInstitutional AdoptionStock Split

PEPE Price Don Rally 30% Pass $0.000014, Bulls Eye $0.000016

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PEPE price don jump 30% last week, break pass $0.000014 after e hold ground near $0.000009 for long. Earlier, e break pass $0.000012 wey change resistance become support, push the price up well. The 14-day RSI dey 69.7, e never reach overbought level yet. Retail traders interest don pick up again and Ethereum don rise 6.2% to $3,250 because of leadership changes and upgrade plans wey dey drive the rally. On-chain data show say big PEPE transactions don drop $83 million since July 11, show say retail people dey control the flows. Technically, PEPE price dey test resistance for $0.0000135 and the upper Bollinger Band. If dem close daily pass $0.000014, e fit trigger breakout go $0.000016. Key support dey for $0.0000125 and $0.0000108; if e fall under $0.000012, e fit go drop reach $0.0000105–$0.000011. Fibonacci and measured moves dey show targets for $0.0000135, $0.0000152 and $0.0000178, mean say price fit go up to 32%. Traders suppose dey watch macroeconomic matters for extra wahala. Elsewhere, Solana-based Layer-2 project Solaxy (SOLX) dey offer over 70% staking rewards for presale, show say retail people still like Ethereum meme coins.
Bullish
PEPE priceEthereumRetail InvestorsWhale ActivityTechnical Analysis

Shiba Inu Bull Setup kontra 69% Drop for Big Transactions

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Shiba Inu (SHIB) don bounce back 6% inside 24 hours, e dey trade around $0.0000138 as altcoins dey recover. But big SHIB transfers (≥$100,000) drop 69% from 6.04T to 1.87T SHIB, wey fit mean say demand fit dey fall. On-chain activity for Shibarium still dey active, with over 4.2 million daily transactions, 48% network utilization and low gas fees. RSI near 70 and the positive MACD show say Shiba Inu dey get bullish momentum. SHIB don break above its 20-, 50- and 100-day EMAs and e suppose close daily pass 200-day EMA ($0.0000145) to fit target $0.0000175–$0.000025. Derivatives open interest don increase 40% since early July, while long-term holders pass one million addresses. Analysts dey expect SHIB go reach $0.000020 by late August and $0.000040 by year-end, with help from the upcoming Alpha Layer release. New meme presales like T6900 don raise over $500,000, showing altcoin volatility. Traders suppose dey watch big transaction volume, RSI, EMA levels and on-chain metrics to sabi wetin SHIB go do next.
Neutral
Shiba InuSHIB volume collapseprice predictionlarge transactionscrypto market

ADA Jumps 39% on Breakout, Hoskinson Dey Deny Scam Claims

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Cardano ADA price don climb pass seven-month downward trendline plus main resistance wey be $0.70, e climb 39% for July reach around $0.75. Founder Charles Hoskinson talk say the scam allegation wey fans dey talk no true, e make community confidence strong well well. The breakout get confirmation from 24-hour trading volume wey reach $1.31 billion plus on-chain activities dey rise, e test the $0.78–$0.80 zone. Technical indicators like RSI wey dey above 70 and MACD crossover wey bullish show say price fit still climb go $0.84 and psychological level $1, plus Fibonacci target fit reach $2.76. But overbought RSI fit make small pullback happen go support levels for $0.66 and $0.60. ADA/BTC don rebound from 0.00000500 to 0.00000635 BTC, e still get 0.92 correlation with Bitcoin support wey dey near $119,000. If Bitcoin comot below $118,000, e fit hold ADA rally. Market sentiment still dey bullish, over 70% of long positions dey for major exchanges. Market cap don pass $27 billion, plus new development like Reeve middleware platform, ADA fundamentals strong. Traders suppose watch ADA price make e close pass $0.82 to fit target next resistance for $1.08 and higher.
Bullish
CardanoADA priceCharles Hoskinsonscam allegationstechnical analysis

Adam Back dey lead Seed CEPO SPAC wit 30,000 BTC for $3.5B Deal

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CEPO, one blank-check Bitcoin SPAC wey Brandon Lutnick from Cantor Fitzgerald dey lead, go change name to BSTR Holdings after dem do big $3.5B Bitcoin SPAC deal with Adam Back’s Blockstream Partners. According to the agreement, Blockstream go put 30,000 BTC inside the SPAC, make e Bitcoin treasury big pass before. CEPO still wan raise extra $800M make dem fit grow the BTC wey dem hold. The news make CEPO shares jump 25% as Financial Times talk am. Industry analysts talk say this Bitcoin SPAC deal show say more big institution dey use Bitcoin through structured way. Traders suppose watch how shares for CEPO go move as dem dey work to get $10B Bitcoin portfolio by 2025 and think about how e go affect trading methods wey focus on Bitcoin.
Bullish
Bitcoin dealBitcoin treasuryAdam BackCantor Equity PartnersInstitutional adoption

Sandbox Don Launch Record LAND & Avatar Sale via GBM

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The Sandbox don launch dia biggest LAND sale plus avatar auction up till now through GBM Auctions’ Win-Win protocol. Di drop get 110 LAND plots – 80 standard, 26 premium plus four exclusive estates – and 220 branded avatars from 22 IPs, including Cirque du Soleil. The Sandbox LAND sale go run from July 15 at 14:00 UTC to July 22, with live X Space briefing on July 14 with Sandbox NFT Sales Director Cédric Neumann and GBM CEO Hugo McDonaugh before that. Na first time make dem run auction before The Sandbox platform sale, wey make GBM become key distribution layer for NFT and metaverse assets. GBM model dey refund full bids if dem outbid you and e reward the people wey participate, dis one dey boost price discovery and engagement. GBM don process over $200 million volume and give out $6 million rewards. Estates na exclusive to GBM and dem no go show for secondary markets. Visit sandbox.gbm.auction to join.
Bullish
The SandboxLAND SaleGBM AuctionsNFTMetaverse

Snail Inc. dey plan to launch USD-backed stablecoin for Q4 2024

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Snail Inc., wey dey develop blockchain gaming and payment solutions, dey check if e go make sense to launch dem own USD-backed stablecoin. Since dem start to think about the project, dem don file some first documents wit US regulators and link up wit big financial institutions to make sure dem get full reserved assets. Di exploration go cover regulatory approval, market conditions, technical audits, smart contract development, cybersecurity safeguards, plus strict AML/KYC compliance. Snail Inc. even bring in AscendEX founder Dr. George Cao and top-notch FinTech legal counsels to guide their strategy and legal compliance. If e get green light, the USD-backed stablecoin fit drop as early as Q4 2024, to make cross-border payments easier, reduce wahala from volatility, improve liquidity, and boost adoption inside their gaming and DeFi payments ecosystem. Crypto traders suppose watch out for possible regulatory look-see like the recent SEC wahala wey them do on stablecoin issuers.
Bullish
Snail Inc.USD-backed StablecoinBlockchain PaymentsDeFiRegulatory Compliance