Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Di U.S. Department of Justice don file case we go make dem take $7.1 million cryptocurrency we relate to one crypto scam we dey target oil and gas investments. Di scam bin dey run from middle 2022 reach middle 2024 and dem blend about $97 million go inside 81 bank and crypto accounts to hide di stolen money. Prosecutors don charge Geoffrey Auyeung for money laundering because e convert the money to Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), then e send plenty money go Binance. Federal agents don freeze over $2.3 million for the related bank accounts and dem don show say investors don lose $17.9 million so far. Dis case show how DOJ dey use blockchain analytics, dey do aggressive asset seizure to fight money laundering and e show say crypto fraud still dey pose risk to traders.

Di US Department of Justice (DOJ) and Federal Bureau of Investigation (FBI don formally end di investigation dem into Jesse Powell wey be di founder of Kraken. Federal agents raid Powell house for 2023 over allegation say e dey evade sanction and money laundering wey concern Kraken cryptocurrency exchange and one nonprofit arts centre wey e establish. All di devices wey dem seize dem don return am after DOJ and FBI review di transaction records and internal documents and dem find say no enough evidence to press any charge. This one follow di US Securities and Exchange Commission (SEC) drop dia enforcement action against Kraken for running as unregistered securities exchange. Powell wey step down as Kraken CEO for 2022 don maintain say e no do anything wrong and e don file defamation lawsuit against Verge Center for the Arts. Crypto traders fit see say regulatory uncertainty around Kraken platform don reduce and e go boost market confidence short term. But, di wider regulatory risks for crypto sector still dey and any direct price impact wey fit affect Kraken-traded assets no too go big.

Western Union don plan to mix stablecoins inside dia remittance and digital wallet services. After the US GENIUS Act wey require full USD backing plus yearly audit for big issuers, the company go allow users to deposit dollars, turn am to stablecoins and send money through blockchain. People wey go collect money for Latin America and Africa fit instantly redeem USDT or USDC for local money or spend the tokens sharp sharp. This move reduce the time wey e take to settle from days to minutes and e reduce fees. CEO Devin McGranahan talk say stablecoins na better chance to grow and dem sabi keep value well for market wey dey volatile. Western Union dey work with infrastructure companies to build on- and off-ramps for stablecoins, using their global agent network, unlike the cautious regulators like Bank of England and IMF.

Recent market pullbacks don make XRP price drop almost 4% plus BTC, ETH, DOGE, and ADA. Even with the dip, technical analysts dey optimistic: Ali Martinez dey expect Fibonacci-based resistance for $4.17, $4.63, and $5.01, plus long-term target of $6.12. CRYPTOWZRD talk say $3.65 be key intraday resistance and $4.60 na the next big obstacle, while influencer Cobb see sharp climb to $5. This hope dey strong because of how SEC vs Ripple lawsuit fit settle, RLUSD introduction, and GENIUS Act. But XRP price no perform well compared to seven catalysts wey ICharted identify—pro-crypto policy change, ETF approval, mass adoption, higher trading volumes, key partnerships, US legislation, and clear legal standing. E also warn say, based on Bitcoin historical drop after rate cuts, fit fall to $2 come August. If price break below $3.50, e mean risk of further drop dey increase. Traders suppose weigh the bullish price calls with the bigger market risk and watch both technical setups plus regulatory moves for trading chance and risk management.

Record institutional demand raise Ethereum ETF inflows to $2.12B last week, with boards like Fidelity’s FETH ($126.9M), BlackRock’s ETHA ($102M), Grayscale’s ETH ($54.9M) and Bitwise’s ETHW ($13.1M) carrying the load. Only 21Shares’ CETH get small $0.4M outflow. Inside 12 days, Ethereum ETF inflows pass $3.53B, better pass Bitcoin ETF inflows. On the other hand, spot Bitcoin ETFs record $131.4M ETF outflows for July 21, led by Ark Invest’s ARKB ($77.5M), Grayscale’s GBTC ($36.7M) and Fidelity’s FBTC ($12.8M). Wider crypto funds see $4.39B inflows, the highest weekly total ever, pushing assets under management to $220B. Altcoins dem too benefit: SOL ($39M), XRP ($36M) and SUI ($9.3M). Traders suppose dey watch Ethereum ETF inflows and Bitcoin ETF outflows as sign for market mood amid strong liquidity.

Block share price jump when people start expect say dem go add am for S&P 500, because e get $50 billion market cap and e strong revenue grow from Cash App Bitcoin trading plus merchant services. People expect money go flow passively from ETFs and pension funds, so trading volume and liquidity rise. Analysts talk say Block margin dey improve and dem compare short-term rally to old index additions like Tesla and Nvidia. Official entry dey expected for mid-June, traders dey balance to ride momentum or take profit before quarterly rebalancing. If Block enter S&P 500, e fit boost institutional demand and support long-term stability for this fintech stock.

XRP don dey gather momentum after Ripple and SEC drop all dia appeals, wey remove one important regulatory wahala. Analyst Random Crypto Pal talk say dis legal clarity, ETF inflows plus historical consolidation patterns fit support one parabolic move go $29. The Great Mattsby still talk about one rare re-expansion of XRP’s monthly Bollinger Bands—volatility signal wey dem last see before 2017 bull run—which historically happen before 1300% rally. XRP dey trade around $3.53 now and dey consolidate above critical Fibonacci support. XRP still get strong on-chain metrics: daily transactions and wallet growth dey reach multi-year high, plus more enterprise adoption through RippleNet and XRPL smart contracts. All these signals converge to support upside target of $45, wey mean another possible 1300% jump. Traders suppose dey watch for Bollinger Band breakout, manage risk for macro factors, and fit consider both short-term breakout plays and longer-term positions.

XRP don jump go new highest wey e don ever reach of $3.66 after e push pass the main $3.40 resistance. The token balance around $3.49 after the rally, wey na because say institutional confidence dey grow. Whale transfers wey pass $70 million and XRP futures open interest wey reach $10 billion plus show say market depth dey increase. The momentum follow after the US Genius Act take effect on July 18, wey give clear rules for crypto and tokenised assets. Ripple enterprise payments network and the upcoming RLUSD stablecoin go benefit from this new framework, fit make XRP better for real-world settlement use case for central bank and cross-border platforms. This rally also show long-term gains for investors wey dey disciplined. One trader wey buy $10,000 worth XRP for 2019 don see am grow to $186,000 because e no sell through the market swings. Analysts dey look price targets between $4.80 and $7.00, wey mean say e fit still go up. Traders suppose consider both short-term breakout potential plus structural gains wey regulatory clarity dey push, plus dey keep patient, strategic HODL approach.

Charles Schwab report say client assets don rise 14% reach $10.76 trillion and trading revenue jump 23% reach $952 million for Q2. CEO Rick Wurster talk say Schwab go soon offer direct spot trading for Bitcoin and Ethereum for their unified platform. Clients wey hold $25 billion for crypto through exchange-traded products fit trade Bitcoin (BTC) and Ethereum (ETH) alongside stocks, bonds and ETFs. Schwab plan to issue their own stablecoin, join hand with major banks for consortium as dem dey look options to launch the stablecoin independently. This spot trading expansion follow clearer US rules on stablecoins and some bank regulations wey dem relax, e make Schwab fit challenge the old crypto exchanges wella. The firm add over 1 million new retail and advisory accounts this quarter. The move na to catch the growing institutional demand—survey show 83% of dem plan to increase crypto allocation by 2025—and make sure big investors wey dey hold crypto for different places no go waka.

XRP price don waka reach im high level wey e no see in 3 years near $3.66, as technical signs dey show say e get better. XRP dominance (XRP.D) dey face strong barrier for 5.5%; past time wey e break reach this level, e bring double gains, wey dey show say target fit be $7–$10. For the monthly chart, one bullish pattern wey dem call bull pennant dey add hope say e go rise long term reach $18–$20 if XRP fit land above $2.55 trendline. New report from CME Group talk say XRP price dey move active, e no too join body with Bitcoin and the stock markets. For Google and YouTube search, XRP don pass Bitcoin and Ethereum, show say many people want add am for their portfolio to make am balance. Analysts talk say XRP fit reach $4.50–$5 by the end of 2025 if Bitcoin go hit $140,000. Even though $10 no too likely this time, the way dem dey release token dey calm investors and keep target for higher level. Competition from Solana (SOL), BNB, and Cardano (ADA) fit hold back long rallies. Traders suppose dey watch how Bitcoin go move next, updates about XRP ETF or Ripple IPO, and main technical levels to know when the next breakout go happen.

Analyst dem don spot symmetrical triangle breakout for XRP price, e dey remind 2017 cycle and e talk say price fit rally 530% come reach $22.70 by August. ChartNerd monthly chart show say price don breakout pass important resistance wey dey for 2017 trendline. Fibonacci extensions for 1.272 and 1.618 levels set target for XRP price at $8.41 and $27.34, wey be like previous extensions wey bin dey $0.13 and $0.37. As e dey trade near $3.25 now, XRP look like e ready for bullish momentum. This XRP price prediction model dey use recurring Fibonacci extensions and structured impulse waves, but traders need make dem consider market wahala, macroeconomic conditions and regulatory changes. This summary na for information only, no be financial advice.

Gold big man Peter Schiff don sharply tok say im no happy wit recent cryptocurrency law dem, e warn say President Trump effort for Bitcoin plus bills like GENIUS Act and CLARITY Act fit make decentralized Ponzi scheme become acceptable. Schiff talk say stablecoins wey GENIUS Act allow no fit help the USA dollar wey dey weak and Trump plan 401(k) crypto order fit make dollar fall faster plus cause Bitcoin crash. E compare to 17th century Dutch tulip craze, talk say stablecoin idea na nonsense and say digital assets na new delusion wey dey distract from serious gold-backed money policy. Schiff talk come at same time market begin fall, Bitcoin drop 2% and major altcoins like ETH, XRP, BNB, and SOL lose the gains dem make.

Bitcoin don fall komot to about $118,000 after e climb reach $123,000 but e no fit break the $120,000 resistance. This pullback clear more than $100 billion from the crypto market cap, wey drop from $4 trillion go $3.94 trillion. Bitcoin dominance fall comot below 60%. Major altcoins dem kaput too: Ethereum drop from $3,700 to under $3,600, XRP from $3.6 to $3.4, and SUI, ADA, SOL, LINK, XLM plus HYPE dem see serious falls. DOGE and ETC no follow the trend. Curve DAO Token (CRV) lead the weekly loss, down 9.94% to $0.9520 after e do 50% rally. FARTCOIN, Sonic, SUI and Litecoin dem also retrace. High trading volumes on CRV ($493 M) and SUI ($2 B) mean sey people still dey interested. The gap between Bitcoin stability and altcoin weakness show say capital rotation dey and people dey cautious. Traders suppose dey watch Bitcoin key resistance and support levels. Dem suppose also dey check liquidity and volume trends. Strategic risk management dey recommended make dem fit waka through any more altcoin pressure.

On-chain data dey show say SharpLink Gaming ETH holdings don pass 358,000 ETH, wey make their portfolio worth over $1 billion and make the NASDAQ-listed company become one of top corporate Ethereum holders. Since Q2 2023, SharpLink Gaming don gather about 150,000 ETH by buying on dips, including recent buy of 4,904 ETH on July 19 through Coinbase Prime. This steady Ethereum accumulation show say the company get long-term believe for ETH growth potential. The ETH accumulation at average cost of $2,825 per token don generate unrealized profit of about $260 million. By staking 99.7% of their reserves, SharpLink Gaming dey get over 415 ETH as passive yield, wey strengthen their staking yield strategy. The firm fund their crypto buy by at-the-market stock issuance, increase share authorization from $10 billion to $60 billion and allocate $5 billion especially for digital asset purchases. SBET shares don rise nearly 200% since early July, show say confidence for crypto market dey increase. SharpLink Gaming ETH holdings fit serve as price support level during market fluctuations, wey highlight rising institutional demand for Ethereum and blockchain gaming projects. Traders suppose make dem monitor these support zones and staking rewards for potential trading chances.

Bitcoin sharply waka pass dollar $120,600 after former President Trump drop executive order wey allow 401(k) plans to invest for crypto money. This move follow the SEC guidance wey clear the compliance standard, plus e make institutional money enter the market, big asset managers dem file for spot Bitcoin ETFs. The trading volume for spot exchange jump 20% week on week, and futures open interest increase because of the growing market optimism. Federal Reserve talk wey support to reduce interest rate for July plus positive talk about stablecoin regulation make the US dollar weak, this one boost digital assets more. Analysts yan say short-term e go get small rest but dem still get hope for medium-term because of ETF prospects, clearer rules and new institutional money. Traders suppose dey watch ETF things, how 401(k) go take work plus regulatory updates to sabi when to enter for market.

For July 17, 2025, di U.S. House and Senate pass di GENIUS Act, wey be landmark stablecoin regulation. Di bill dey wait for President Trump signature make e be law by late 2026. Di GENIUS Act set national framework for U.S. dollar-backed stablecoins. Only licensed banks, credit unions and qualified fintech firms fit issue di compliant stablecoins. Issuers must hold one-to-one USD reserves, submit monthly third-party audits and operate under federal or state supervision. Algorithmic and non-dollar-pegged tokens no dey included. Di law give holders priority claim for reserves and e ban issuers from offering interest. Non-compliant projects, including foreign stablecoins, go face U.S. market bans after three years unless their home-country rules match. Multi-agency oversight by di OCC, FDIC, Fed, NCUA and Treasury go drive implementation. Regulators get 120–180 days after signing to issue detailed rules, full enforcement expected by end of 2026. Dis clarity don already spark 9% XRP rally, as big firms like JPMorgan and Coinbase dey welcome di GENIUS Act as catalyst for institutional stablecoin adoption.

Bitcoin price don pull back from record high of $123,200 to low near $115,730. E now dey trade above $119,500 and the 100-hour simple moving average, e enter consolidation phase around $120,000. Bitcoin bulls still dey strong, dem dey supported by ten straight days of ETF inflows—$799.4 million on Wednesday—wey push total flows since July 2 to over $5.2 billion. Price analysis show say immediate resistance dey between $120,000 and $120,200. If e clear pass $123,218 fit trigger rally go $135,729 and even $150,000. For downside, support dey for 20-day EMA ($113,528), 100-hour SMA near $119,000, plus important floors at $115,500 and $110,530. Technical levels show hourly MACD dey lose bullish momentum but RSI still above 50. Traders go monitor these technical indicators and resistance zones for clear breakout or possible pullback. Short-term trading likely go range from $115,000 to $123,218, with move above $120,064 wey signal fresh bullish momentum.

Bit Origin Ltd wey dey Nasdaq don open $500 million Dogecoin treasury, dem use $400 million fresh equity plus $100 million convertible debt take build DOGE reserve. After dem finish first $15 million tranche, CEO Jinghai Jiang wan make Dogecoin become global payment asset plus make DOGE holdings per share rise. Inspired by MicroStrategy’s Bitcoin ETF move, dis Dogecoin treasury thing go develop DOGE-based payment apps and miner services. The company plan to expand Dogecoin community partnerships and fit still issue more debt to grow e reserve. Traders suppose watch out for short-term wahala for BTOG stock, full financing finish, and long-term demand pressure on DOGE. Dis move show say institutional adoption dey grow and e fit help Dogecoin market stability plus liquidity.

Ripple co-founder Chris Larsen carry move about 5.5 million XRP (≈$7.7 million) go Coinbase for April 26. Dis na happen as more than 106 million XRP don transfer go exchanges since early 2024 for liquidity management. Those transfer don help XRP climb first to highest point wey e reach inside seven months, then e jump pass 8% go the intraday record of $3.89, and e market cap climb pass $180 billion. On-chain volume jump 35%, and Coinbase order books show strong buy support between $3.50 and $3.80. Analysts talk say the rally na because institutional interest dey grow, new listings fit come, and Ripple legal matter clear. E get chance say big sell-offs fit make small wahala for short-term market, but long-term prospects still remain positive, supported by cross-border payment use and market demand wey dey increase.

Pakistan and El Salvador don tanda one letter of intent to work together make dem fit move Bitcoin forward. PCC chairman Bilal bin Saqib and Presiden Nayib Bukele sign the paper for San Salvador. The agreement talk say dem go work together for public Bitcoin use, financial inclusion and blockchain policy. El Salvador go help with experience how dem dey handle 6,240 Bitcoin wey worth around $740 million as dem national reserve. Pakistan plan to use 2,000 MW surplus electricity from their $7 billion IMF support program to build mining setup. The agreement show say digital economy go grow, dem go find solution to save resources and dem go do talks about blockchain-based public services. This alliance mean to boost financial innovation and give policy guide for markets wey dey grow.

XRP/BTC breakout dey near as di pair don extend e rally pass 35% dis month, driven by rising volume, rounding bottom formations, and RSI overbought readings. Technical indicators dey signal say di breakout go happen soon, with key resistance at 0.000058 BTC wey ready for testing. Dis move come after multimonth consolidation, whale accumulation, and e don pass Bitcoin, wey show say beta bullish shift dey for di ongoing altseason rotation. Traders suppose dey watch resistance levels well well, confirm moves with stop-loss orders and volume spikes. If di bullish momentum hold, XRP fit come back to 2018 levels and push market cap targets reach $200–$258 billion by year-end.

U.S. Ethereum spot ETFs attract record $727 million net inflows inside one trading day, pass di previous $717 million high. Major issuers like BlackRock, Fidelity and Grayscale lead di surge, push total assets under management higher and make ETF holdings dey pass 5 million ETH, or over 4% of di circulating supply. Inflows overtake Bitcoin spot ETFs and equal nearly 107 times Ether’s daily issuance. Traders talk say di spike na due to fresh hope about upcoming network upgrades plus wider crypto market rally. Dis influx show say dema institution demand for Ethereum spot ETFs dey grow and fit tighten supply, boost ETH price momentum.

Citi and JPMorgan Chase dey waka fast for their push into USD stablecoins and tokenized deposits. Citigroup CEO Jane Fraser don confirm plans for “Citi stablecoin” plus on-chain customer deposit tokens to make cross-border settlements and institutional trading sharp and cheaper. JPMorgan dey prepare to launch JPMD for their Base network, targeting blockchain-based deposit solutions. Both initiatives dey benefit from new regulatory clarity under the GENIUS Act. With global stablecoin market worth $257 billion and e fit reach $3.7 trillion by 2030, crypto traders suppose dey watch for official filings, pilot programs, reserve management services, and custody rollouts as wetin fit drive liquidity and market adoption.

Ethereum don rally from April low of around $1,400 to dey trade around $2,900–$3,100, e dey fueled by renewed hope for spot ETF from BlackRock and Fidelity applications. E Layer-2 ecosystem like Arbitrum, Optimism and Base don see total value locked grow 40% since May. The upcoming Proto-Danksharding upgrade go reduce gas fees and increase throughput, wey go make Ethereum strong for DeFi and meme-Fi. Meanwhile, Pi Network don gather over 47 million users through lightweight mobile mining. With the open mainnet launch, Pi Apps and utility tokens dey aim to boost Web3 adoption for emerging markets. For the meme coin space, Ethereum-based FloppyPepe (FPPE) don raise $2.4 million in presales, dem get deflationary mechanics and AI-driven DeFi tools. For Solana, Pengu (PENGU) still dey active with fast, low-cost transactions, seasonal NFTs and viral social contests. As Bitcoin hold above $117K, traders dey eye these altcoins for diversification and better returns.

Roman Storm, wey be co-founder of Tornado Cash, don start one legal defense fundraiser as him trial begin for Manhattan federal court on July 14. Storm dey face charge dem like conspiracy to do money laundering and breach U.S. sanctions after U.S. Treasury’s OFAC sanction Tornado Cash crypto mixer in August 2022 for allowing North Korea’s Lazarus Group move $455 million. Him defense team don file motion say prosecutors dey use cherry-picked, unverifiable Telegram messages. Trial wey first suppose last two weeks, now e fit run three to four weeks. Storm don raise $2.12 million of $3.5 million target wey e need for legal fees, expert witnesses, and research, and e dey find another $500,000 in few days. Big supporters na Golem Foundation wey give 50 ETH (~$150,000), Meta Cartel DAO and Paradigm wey commit $1.25 million. The campaign dey highlight beta risks for open-source code liability, crypto privacy tool, plus possible regulatory overreach.

US June CPI data wey dem go release tonight fit direct how Federal Reserve go take handle policy, fit also start new rally for Bitcoin and whole crypto market. If e drop below 2.4%, e fit make Fed cut rate earlier, this one go make market get more money and people go dey ready to take risk. Bitcoin just break pass $120,000, analysts dey look target of $130,000 by end of July, Ethereum and XRP sef go benefit from clearer rules wey go show during “Crypto Week”. On-chain metrics show say one 14-year-old whale move 20,000 BTC and spot premium dey fall, this one mean say people dey take profit but futures support still dey strong. Traders suppose dey watch June CPI release, Fed signals and important digital asset bills for Congress like CLARITY Act, Anti-CBDC Surveillance State Act and GENIUS Act, as dem go affect short-term market wahala and middle-term market trend.

MicroStrategy raise $472.3 million through common and preferred share issues to buy 4,225 Bitcoin for average price of $111,827, make dem hold total 601,550 BTC for cost basis of $71,268. The 8% convertible (STRK) and 10% (STRF, STRD) preferred shares price dey about 20% premium for around $124, $125, and $95, dem dey give quarterly dividends plus $100 downside protection. TD Cowen upgrade MSTR from $590 to $680, predict say Bitcoin fit reach $155,000 by year end (base case $128,000; conservative $55,000). Cowen noch highlight MicroStrategy “42/42 Plan” wey dem wan raise $84 billion through equity and bonds to grow reserve to 900,000 BTC by 2027. The firm rate all three preferred classes as “buy” with targets $140 (STRK), $126 (STRF), and $112 (STRD), say dem get good yields and less volatility than common stock or direct Bitcoin exposure. Traders fit see all these moves as bullish for MSTR and Bitcoin markets.

XRP price don rally come from di $2.50 support zone and e dey test key resistance at $2.85 now. Technical indicators show say e get bullish momentum: di RSI don climb pass 60 for di 4-hour chart and di MACD don cross enter positive area. Trading volume don increase when e dey go up, wey mean say more buyers dey interested. If e close pass $2.85, e fit clear road to $3.00 level and even go $3.20 or close to all-time high wey near $3.40. For downside, make una watch support levels like $2.70, $2.62–$2.55 (wey change from resistance) and $2.50. Traders suppose consider put stops for near $2.65 to manage risk. Overall, as long as XRP price hold above these key supports, di outlook remain bullish for crypto traders.

Changpeng Zhao don show say im no gree Bloomberg tori wey talk say Binance dey write correct code, dey promote and get pass 90% of Trump-linked USD1 stablecoin supply. Bloomberg still talk say Zhao try get US presidential pardon after dem move $2 billion with one UAE fund, and say Binance play big role for USD1 launch. Zhao call the story 'hit piece' wey full of tori wey no correct, talk say e get one competitor behind am, and remember how Bloomberg say sorry for 2024 for wrongly call Binance Ponzi scheme. E don dey talk say e fit carry dem go court for defamation. This case happen as government dey try regulate crypto more, including House GENIUS Act about stablecoins. Traders suppose dey watch how this matter fit affect USD1 stablecoin market confidence and how e fit change crypto regulation sharp sharp.