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Coin Telegraph

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Bitcoin soars to new all-time high above $112K as traders liquidate shorts

  • Bitcoin reached a new all-time high above $112,000 driven by global investor demand and a $200 million liquidation of BTC shorts near a key resistance level.
  • The total crypto market capitalization rose to $3.47 trillion, but remains below the all-time high of $3.73 trillion seen in December 2024.
  • Bitcoin's rally followed President Trump's announcement of new tariffs, while analysts suggest the uptrend is supported by on-chain accumulation and exchange order flow.
  • Bitcoin's growing recognition as a safe-haven asset since April is seen as driving the uptrend, with decreasing exchange reserves indicating long-term investor confidence.

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Newsbtc

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Sei Network Unlocks Japan Market After Hitting $626M In TVL

  • Sei Network's Total Value Locked (TVL) surpassed $626 million, a significant increase from $60 million at the start of 2024, indicating a surge in funds and new users.
  • TVL on Sei Network surged to nearly $700 million, showing a 10× gain in six months, which is uncommon in the current market conditions.
  • Sei Network received approval from Japan Financial Services Agency, allowing regulated entry into Japan's strict crypto market, leading to increased investor interest.
  • SEI's token price doubled in June following a stablecoin pilot announcement and proposed EVM‑only chain shift, currently trading around $0.26, with projections suggesting a drop to $0.19 by August 8, 2025.

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Coin Telegraph

1h

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Hyperliquid news update: Growing user base could send HYPE back to $45

  • Hyperliquid's strong growth trajectory has attracted investors to HYPE.
  • Hyperliquid accounts for over 80% market share in the DeFi perpetual contracts space.
  • Technical analysis suggests HYPE could reach $45 if key resistance levels are breached.
  • The article provides insights on potential price movements for HYPE but does not offer investment advice.

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Coin Telegraph

1h

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US SEC ‘Crypto Mom’ clarifies: ‘Tokenized securities are still securities’

  • SEC member Hester Peirce warns companies about tokenized securities, urging compliance with federal securities laws.
  • Peirce emphasizes that despite blockchain technology, tokenized securities are still subject to securities laws.
  • The SEC is moving towards a new direction for the crypto industry, with a focus on regulatory clarity and potential exemptions for modernizing rules.
  • Republican lawmakers plan to consider a bill to establish regulatory rules for digital assets, clarifying roles of the SEC and CFTC in regulating crypto.

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TronWeekly

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Google’s AI Gemini Predicts Price of Bitcoin, Solana, Pi Network by End of 2025

  • Google's AI Gemini predicts Bitcoin could reach $185,000 by the end of 2021, driven by factors like reduced BTC issuance, institutional interest, and dollar hedging.
  • Gemini also forecasts Solana (SOL) to hit $410 by December, citing its technological advancements and growing DeFi ecosystem.
  • Additionally, Gemini predicts a 300% rally for Pi Network (PI) by 2025 to $1.85, hinging on potential listings and increased adoption.
  • Bitcoin Hyper, seen as a Layer-2 solution for Bitcoin, is anticipated by Gemini to surge to $0.125 with its innovative features and staking opportunities.

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Cryptopotato

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Bitcoin Price Rises Above $109K as Trump Calls for Biggest Interest Rate Cut in History

  • US President Donald Trump is calling for a significant interest rate cut by the Federal Reserve, suggesting at least a three-point reduction.
  • Analysts estimate that such a cut could save the US billions annually, primarily focusing on the public debt which stands at around $29 billion.
  • While this move could benefit riskier assets like Bitcoin, there are concerns about inflation and potential market impacts, especially with the US economy already growing at +3.8% YoY.
  • Bitcoin's price has surged above $109,000 following Trump's interest rate cut recommendation.

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Livebitcoinnews

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Emirates Partners with Crypto.com to Bring Crypto Payments to Travelers

  • Emirates has partnered with Crypto.com to allow travelers to pay for flights and services using cryptocurrency.
  • The collaboration aims to attract young, tech-savvy global travelers who prefer digital currencies.
  • This move by Emirates may influence other airlines to adopt crypto payments as well.
  • The partnership signifies Dubai's push towards financial innovation, with the possibility of more businesses embracing crypto payments in the future.

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Livebitcoinnews

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Intense Demand for Hong Kong’s New Stablecoin Licensing Program

  • Hong Kong to issue fewer than 10 stablecoin licenses by August 2025 with stringent approval conditions.
  • Over 40 international firms, including JD.com and Ant Group, have applied for stablecoin licenses.
  • Licensing focuses on fiat-pegged stablecoins with strict risk controls and compliance with AML laws.
  • Hong Kong aims to become a stablecoin issuance hub with a gradual regulatory framework under its Digital Asset policy.

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Coindoo

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Crypto Market Rebounds as Bitcoin Hits $110,000 and Ethereum Jumps Above $2,000

  • The crypto market has rebounded with Bitcoin reaching $110,000 and Ethereum exceeding $2,000.
  • Bitcoin commands 63.9% market share with a trading volume of over $45.3 billion.
  • Ethereum has seen gains of over 5% in the last week and 6.1% in the last month, with a market cap of approximately $330.7 billion.
  • Market capitalization reached $3.43 trillion, up 1.71% on the day, showing increased investor interest in both Bitcoin and Ethereum.

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Livebitcoinnews

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US Charges Two Men in $650M OmegaPro Crypto Scam

  • US federal prosecutors charged Michael Shannon Sims and Juan Carlos Reynoso with running a $650 million crypto-based Ponzi scheme through OmegaPro, promising investors unrealistic returns.
  • The fraudulent scheme claimed 300% returns in 16 months through crypto investment packages, deceiving thousands worldwide since 2019.
  • The defendants used lavish events and luxury displays globally to attract investors, projecting a false image of success and legitimacy.
  • Sims and Reynoso are facing charges of wire fraud and money laundering, with potential 20-year prison sentences, shedding light on risks posed by fraudulent crypto-investment programs.

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Livebitcoinnews

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Japan’s Remixpoint Raises $215 Million to Buy Bitcoin

  • Japanese company Remixpoint raises $215 million to buy Bitcoin.
  • Remixpoint targets 3,000 BTC initially but will adjust based on market trends.
  • The move signals Bitcoin's increasing appeal in the corporate world.
  • The investment in Bitcoin reflects Remixpoint's confidence in Bitcoin's future potential and willingness to evolve.

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Livebitcoinnews

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Trump’s Truth Social Unveils Crypto ETF Targeting BTC, ETH, SOL

  • The Trump Media & Technology Group plans to launch the Truth Social Crypto Blue Chip ETF, offering exposure to major cryptocurrencies like Bitcoin, Ethereum, Solana, Cronos, and Ripple XRP.
  • The ETF will have a diversified portfolio with suggested allocations of 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% XRP, following a passive investment strategy without leverage or derivatives.
  • Crypto.com will handle custody, staking, and liquidation of the ETF, while Yorkville America Digital will oversee compliance and operation. The ETF aims to simplify digital asset investing and will store assets in cold storage.
  • The introduction of the Truth Social Crypto Blue Chip ETF has prompted regulatory review from the SEC, with the ETF targeting both retail and institutional investors. If approved, it will provide an accessible way for investors to enter the cryptocurrency market.

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Livebitcoinnews

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Circle, OKX Partner to Boost USDC Liquidity

  • Circle and OKX have partnered to enhance USDC liquidity worldwide, allowing over 60 million OKX users to swap USD and USDC seamlessly.
  • The collaboration aims to promote the use of USDC in various transactions, making money in and out of cryptocurrency more accessible.
  • Education programs will be conducted to raise awareness about stablecoins like USDC, emphasizing their functionality and benefits in the digital economy.
  • Leaders from Circle and OKX, including Jeremy Allaire and Star Xu, express optimism about the partnership driving USDC demand and making stablecoins a common part of finance.

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Livebitcoinnews

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Crypto ATMs Outlawed in New Zealand Amid Financial Crime Push

  • New Zealand has outlawed crypto ATMs and imposed a $5,000 limit on international cash transfers to combat money laundering and financial crime.
  • The ban on crypto ATMs is part of broader Anti-Money Laundering (AML) reforms targeting organized crime and fraud, eliminating over 220 cryptocurrency kiosks.
  • Authorities aim to prevent criminals from easily converting cash into cryptocurrencies through these machines for cross-border money transfers in illicit activities.
  • Enhanced AML/CFT measures also give the Financial Intelligence Unit increased surveillance powers and mandate banks to report suspicious financial transactions, with parliament reviewing bills to enhance compliance and safeguard the financial system.

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Newsbtc

2h

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Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated

  • Crypto analyst BarriC predicts XRP could surge from $2 to $1,000 much faster than expected, based on historical performance and comparing the current price with its previous all-time high of $3.40 in 2018.
  • BarriC's bold forecast has sparked optimism among XRP investors, with some believing in the potential for significant price appreciation, while others express doubt over the feasibility of such a rapid rise.
  • Community reactions to the prediction are mixed, with some users supporting the outlook of XRP reaching $1,000 soon, while others caution that XRP's growth is now anticipated, potentially limiting the element of surprise that fueled its previous rally.
  • XRP is currently trading at $2.33, with a 2.6% increase in the past 24 hours. Achieving the $1,000 price target would represent a 42,800% return from the current levels.

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