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Cryptocurrency News
Bravenewcoin
1w
288
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Bitcoin (BTC) Price Prediction: Bitcoin Eyes $110K Breakout as Whales Accumulate and Elon Musk Sparks FOMO
- Bitcoin price is hovering around $108,900, with traders eyeing a breakout above $110K, driven by whale activity and Elon Musk's support.
- Bitcoin is experiencing a bullish setup, with price fluctuating between $107,000 support and $110,500 resistance. Technical indicators suggest potential for an upside move.
- Elon Musk's renewed endorsement of Bitcoin and whale accumulation, including purchases by Metaplanet and smaller institutions, are contributing to the positive market sentiment.
- The derivatives market shows bullish sentiment, with significant open interest between $110,000 and $112,000. Positive funding rates and anticipation of a major price move indicate potential for a breakout.
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Bitcoinist
1w
109
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Cardano Pulled Out Of El Salvador Deal, Hoskinson Claims
- Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), revealed that Cardano passed on a potential deal with El Salvador due to legal and geopolitical concerns.
- The deal involved a proposed airdrop that would have included individuals on international sanctions lists, such as the MS-13 criminal gang.
- Hoskinson highlighted that distributing tokens to sanctioned individuals could violate US federal law, particularly OFAC sanctions, leading to legal consequences.
- The decision to reject the deal sheds light on a controversial aspect of El Salvador's Bitcoin strategy and adds a new dimension to the country's crypto partnerships.
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TechBullion
1w
42
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4 Top Crypto Coins to Buy Now With Massive Growth Potential: BDAG, ONDO, HBAR, & TRX!
- Top crypto coins BDAG, ONDO, HBAR, and TRX are gaining attention for their growth potential in the current market.
- BlockDAG (BDAG) has seen significant presale success, raising over $333 million, with impressive returns for early supporters.
- ONDO Finance stands out for its real-world asset tokenization capabilities and partnerships, potentially doubling or even reaching $5 by year-end.
- HBAR and TRX are also promising, with HBAR focusing on enterprise-level partnerships and HBAR expected to increase to $1 or more by year-end.
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Crypto-News-Flash
1w
76
Image Credit: Crypto-News-Flash
Fidelity’s Solana ETF Stalls Again as SEC Opens 21-Day Comment Window
- The SEC delays Fidelity’s Solana ETF again, highlighting reluctance to approve altcoin ETFs despite market demand.
- Fidelity’s proposal for a spot Solana ETF undergoes a 21-day public comment period initiated by the SEC, showcasing cautious regulatory approach.
- As the SEC focuses on Bitcoin and Ethereum spot ETFs, altcoin ETF approvals face delays, leading to the rise of hybrid crypto funds like the REX-Osprey Sol + Staking ETF.
- Investors are advised to carefully consider risks due to regulatory uncertainties around altcoin ETFs, with alternative vehicles suggested for exposure to Solana amidst prolonged approval processes.
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Crypto-News-Flash
1w
136
Image Credit: Crypto-News-Flash
XRP Holds at $2.20 — $10.6M Inflows Hint at Breakout Toward $3
- $10.6 million flowed into XRP-related products last week, boosting total year-to-date inflows to $335 million.
- XRP futures Open Interest increased 25%, rising to $4.69 billion, indicating optimism and potential breakout momentum.
- XRP shows stability around $2.20 amid broader market weakness, with institutional investors showing renewed interest.
- Technical indicators point to a bullish outlook for XRP, with $3 being a key psychological level to watch for.
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Coinpedia
1w
165
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Is $1 Still Possible for Dogecoin (DOGE)? Experts Tip a Newcomer With Real-World Utility to Outperform
- Dogecoin (DOGE) experienced a substantial jump from $0.166 to $0.173 on July 6, fueling hopes of reaching the $1 mark while Remittix (RTX) emerges as a competitor with a different approach.
- DOGE saw increased interest as large wallets accumulated millions of coins during a price spike, potentially leading to further price volatility. A break above $0.175 could propel DOGE towards $0.25 and potentially $1, but dropping below $0.16 may disrupt the bullish trend.
- Factors like U.S. tariff extensions and expectations of softer inflation may benefit DOGE, especially if the Federal Reserve hints at rate cuts. Conversely, adverse inflation data could impact both DOGE and other cryptocurrencies negatively.
- Remittix (RTX) distinguishes itself by prioritizing practicality, focusing on quick money transfers. Its upcoming PayFi wallet aims to streamline crypto-to-cash conversions, attracting attention for its efficiency and low fees. RTX's scarcity model and global payment corridors position it as a promising investment for the future.
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Bitcoinsensus
1w
352
Image Credit: Bitcoinsensus
Tether and Binance Snubbed in EU’s MiCA Approval List
- 53 firms have received MiCA approval to operate across the EEA, including crypto service providers and stablecoin issuers.
- Tether was excluded for not meeting audit transparency requirements, hindering its approval under MiCA.
- Binance is facing regulatory hurdles in multiple EU nations and has been withdrawing from key European markets.
- The EU's MiCA regulation signals a changing crypto landscape, with only compliant firms being approved to operate.
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Coinpedia
1w
284
Image Credit: Coinpedia
Cardano (ADA) Whales Accumulate Before Potential Rally, But It’s This Undervalued Token Drawing the Buzz In July
- Cardano (ADA) whales are accumulating tokens, while Remittix (RTX) gains attention in July for its disruptive edge in crypto-to-fiat payments.
- ADA's price has strengthened amidst whale accumulation, with technical patterns suggesting a potential rise towards $0.77 if volume increases.
- Remittix is drawing buzz with the upcoming launch of its Remittix PayFi wallet, offering instant crypto-to-bank transfers and a 50% token bonus to reach its soft cap.
- While ADA remains a safer bet with optimistic price sentiment, RTX presents higher upside potential if its wallet gains early adoption across Africa and Latin America.
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Pymnts
1w
199
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Robinhood ‘Confident’ Tokenized Equities Will Withstand Regulatory Scrutiny
- Robinhood is in discussions with European regulators regarding its tokenized equities offering, which allows retail investors in the EU to trade tokens representing shares of U.S. equities on blockchain.
- The launch of the tokenized equities program last week faced criticism from companies like OpenAI and questions from the Bank of Lithuania, Robinhood’s main regulator in the EU.
- Robinhood CEO Vlad Tenev expressed confidence that the tokenized equities will withstand regulatory scrutiny, despite concerns raised by entities like OpenAI and the Bank of Lithuania.
- Other financial giants like J.P. Morgan and Kraken have also made similar tokenization-related announcements, signaling a trend towards moving traditional financial services onto the blockchain.
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Newsbtc
1w
12
Image Credit: Newsbtc
TRUMP Meme Coin Plants Flag On TRON Network—Details
- Meme coin TRUMP launched on Solana with 200 million tokens, surging in price to $80 but later fell to $8.60 by July 2025.
- TRUMP plans to expand to the Tron blockchain to leverage its large user base and faster transaction speeds.
- TRUMP's price swings reflect extreme volatility driven by speculative trading rather than long-term adoption, with Justin Sun holding a significant stake.
- Concerns arise over centralized control of TRUMP's token supply and potential influence on prices, prompting calls for new regulations by some senators.
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TheNewsCrypto
1w
233
This Is How High XRP Could Go by 2035 With Modest 2% Monthly Gains
- Consistent 2% monthly gains could lead XRP to $24.37 by 2035, exceeding $1.5 trillion market cap.
- Compound growth effects may push XRP's market cap above major corporations like Broadcom, TSMC, and Berkshire Hathaway.
- Community predictions vary, with some suggesting XRP could reach $92.88 by 2034, indicating potential for accelerated growth.
- XRP's fixed supply and regulatory developments could impact its future trajectory and valuation, signaling uncertainty amidst differing projections.
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Bitcoinsensus
1w
64
Image Credit: Bitcoinsensus
CoreWeave Buys Core Scientific in $9B AI Mining Shakeup
- CoreWeave is set to acquire Core Scientific in a $9 billion all-stock deal, expected to close in Q4 2025.
- The acquisition aims to eliminate over $10 billion in future lease obligations and generate $500 million in annual cost savings by 2027.
- This deal signifies a growing convergence between AI infrastructure and crypto mining, with a possible shift towards high-performance computing.
- The acquisition could lead to CoreWeave repurposing parts of Core Scientific's infrastructure or potentially divesting from the crypto mining business in the future.
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Bitcoinsensus
1w
144
Image Credit: Bitcoinsensus
Real-time Inflation Falls to 1.75%, Stirring Speculation on Fed Rate Moves
- Real-time inflation as reported by Truflation has dropped to 1.75%, sparking speculation on potential rate cuts by the Federal Reserve.
- Truflation uses online data to provide a current snapshot of inflation trends, indicating a 0.52% drop compared to the previous month.
- While Truflation's data can be insightful, it is not a key factor in Federal Reserve's monetary policy decisions, which primarily rely on lagging indicators like CPI and Core PCE.
- Official inflation indicators like CPI and Core PCE still show concerns, with CPI at 2.4% and Core PCE between 2.1%-2.3% in June.
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TechBullion
1w
267
Image Credit: TechBullion
Next Breakthrough Token? This Presale Token Aims to Deliver More ROI Than Sui and Pi Coin
- The hype around Sui (SUI) and Pi Coin (PI) is diminishing, with Pi Coin currently trading around $0.88, a significant decrease from its all-time high.
- Investors are shifting towards projects like BlockchainFX (BFX) known for its all-in-one trading platform offering over 500 assets and a reward-sharing mechanism.
- BlockchainFX's unique positioning and user incentives, such as a 30% bonus on token acquisition and daily staking rewards, make it an attractive investment.
- Compared to Sui and Pi Coin, BlockchainFX offers more scalability with its revenue streams, deflationary mechanism, and credibility, making it a promising presale token for greater returns.
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Bitcoinist
1w
67
Image Credit: Bitcoinist
Tether Announces Strategic Partnership To Combat Stablecoin Misuse
- Tether has announced a strategic partnership with Crystal Intelligence, a blockchain analytics company, to combat stablecoin misuse and illicit activities in the crypto industry.
- The partnership aims to enhance fraud detection, regulatory intelligence solutions, and mitigate risks associated with illicit stablecoin use, as the crypto industry has seen a rise in such activities.
- Tether's CEO, Paolo Ardoino, emphasized the company's commitment to supporting law enforcement agencies, tracing fund movements in real-time, and freezing unlawful funds to ensure a more secure crypto ecosystem.
- While Tether has been actively involved in combatting illicit on-chain activities, it has faced controversies and investigations, with the recent partnership reflecting a joint effort to future-proof the industry through actionable insights and innovation.
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