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Cryptocurrency News
TronWeekly
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Image Credit: TronWeekly
Solana Price Breakout Eyes $164 Amid Growing Market Optimism
- Solana (SOL) has broken out of consolidation and is targeting the $164 level, supported by technical indicators confirming the bullish trend and rising volume.
- Solid fundamentals, including ETF approval and inflows from staking, underpin Solana's rally, making it one of the top-performing cryptocurrencies in the last 24 hours.
- The price of Solana (SOL) is currently at $157.98, with increased trading volume and market value at $84.63 billion, reflecting growing interest from users and institutional investors.
- Solana forms a bullish breakout chart pattern supported by rising volume and higher highs. The approval of a Solana-based ETF boosts investor sentiment, indicating potential for further gains in the cryptocurrency.
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Coinpedia
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Image Credit: Coinpedia
Whale Rotation: Is Big Money Leaving Bitcoin for Altcoins?
- Bitcoin hits all-time high as total market capitalization climbs to $3.47 trillion.
- Whale activity hints at potential rotation from Bitcoin to altcoins, as seen through surge in altcoin trading volume.
- While Bitcoin dominance remains strong, whale transactions on July 8 suggest a move towards high-risk altcoins.
- Altcoin season index is low, indicating potential for increased rotation from Bitcoin to altcoins in the future.
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Bitcoinist
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Image Credit: Bitcoinist
Trader Predicts $150K After $112K Bitcoin ATH: Here Are the Best Presales to Rally
- Bitcoin trader predicts $150K target post-new $112K all-time high.
- Various analysts see potential for Bitcoin's rise, with bullish market indicators.
- The market anticipates a bull breakthrough, fueling the best presales of 2025.
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Cryptoninjas
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Image Credit: Cryptoninjas
Why $HYPER Is a Hot Crypto to Watch in 2025 With Utility, Speed, and Staking Rewards
- Bitcoin Hyper ($HYPER) offers faster transactions, staking rewards, and multi-chain compatibility for Bitcoin.
- It aims to address Bitcoin's limitations and provide utility beyond storage and store of value.
- Using Solana's Virtual Machine, $HYPER enables almost instant transactions with minimal fees.
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TronWeekly
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Image Credit: TronWeekly
FARTCOIN Breakout Signals Point to $3 Target This Month
- Fartcoin is showing strong breakout signs, targeting $3 this month amid bullish momentum in altcoins.
- Open interest in Fartcoin futures hit $754M, the second-highest among meme coins, signaling aggressive trader positioning.
- Key resistance zones to watch are $1.24, $1.47, and $1.64, with a crucial volume test between $1.21 and $1.24 for sustained upside.
- Indicators like MACD and RSI remain bullish to some degree, but cautious sentiment exists due to whale sell-offs. Fartcoin is nearing a breakout with $754M open interest in futures.
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TheNewsCrypto
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KuCoin Completes Independent Hacken Audit of Proof of Reserves
- KuCoin completes a successful Proof of Reserves (PoR) audit conducted by Hacken, covering a wide range of assets across different blockchain networks.
- The audit confirms that KuCoin's reserves exceed user liabilities with ratios higher than 1:1 for major assets like BTC, ETH, USDT, and USDC.
- Assets from over 30 blockchain networks were included in the audit, with no inconsistencies found, demonstrating KuCoin's commitment to security and transparency.
- KuCoin's CEO emphasizes the importance of transparency in the crypto ecosystem, stating that asset audits are crucial for building user trust and supporting the sustainable development of the industry.
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TechBullion
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Image Credit: TechBullion
Why FUNToken’s Supply Cut Isn’t Just Cosmetic but a Strategic Economic Recalibration
- FUNToken's supply cut is not just cosmetic but a strategic economic recalibration.
- Revenue-backed supply reductions reinforce real participation, revenue generation, and deflationary pressure.
- The project connects user growth, scarcity, and community trust through deliberate engineering.
- Certik audit ensures immutability of smart contract, guaranteeing transparent and sustainable supply reductions.
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99Bitcoins
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132
Treasure MAGIC Crypto Rips 30%, Is Another 2X Rally Incoming?
- Treasure MAGIC crypto surged 30%, targeting $0.30 and $0.60 following a breakout from a sideways consolidation period.
- MAGIC token outperformed major cryptos like Bitcoin and Ethereum in the past 24 hours, with a significant spike in trading volume.
- The Treasure team is actively expanding and integrating NFTs and AI features into web3 games, with high-profile partnerships and announcements.
- Treasure launched the AI Agent Creator, allowing users to turn NFT collections into AI agents, enhancing interactivity in gaming on platforms like Gigaverse.
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TheCryptoBasic
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Image Credit: TheCryptoBasic
2,700+ XRP Wallets Hold 47B XRP Ahead of Key Decisions
- XRP has surged to a 7-week high of $2.43 driven by whale accumulation and anticipation for XRP ETF approvals in July.
- 2,742 whale wallets holding 1 million XRP tokens each now possess a total of 47.32 billion XRP, indicating growing long-term confidence in the digital asset.
- Multiple XRP ETF approvals are expected in July, with ProShares, Turtle Capital, and Volatility Shares planning to launch various XRP-related ETFs.
- The outcome of the XRP ETF approvals and the Ripple-SEC lawsuit could have a significant impact on institutional adoption and XRP's price trajectory.
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Financemagnates
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Image Credit: Financemagnates
ESMA Reviews Malta’s CASP Licensing, Flags Gaps in Crypto Oversight
- The European Securities and Markets Authority (ESMA) reviewed Malta's oversight of Crypto Asset Service Providers (CASPs) and raised concerns about gaps in supervision.
- ESMA found that Malta's Financial Services Authority (MFSA) has sufficient resources but had issues with approving a CASP with unresolved concerns like weak governance and inadequate AML controls.
- ESMA emphasized the importance of strong cross-border supervision for CASPs and recommended the MFSA to address unresolved risks and enhance evaluations of growth plans and IT resilience.
- The MFSA has licensed major cryptocurrency exchanges like Crypto.com, OKX, Gate.io, and Gemini, ensuring compliance with Malta's regulatory framework for virtual financial assets.
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Cryptoninjas
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Image Credit: Cryptoninjas
Snorter Presale Hits $1.6M — The Meme Coin Bot Gaining Attention Among Leading Altcoins
- Snorter takes a unique path in the crypto market with a $1.6M presale.
- It offers multi-chain opportunities on Solana and Ethereum, solidifying its utility.
- Operating on Telegram, Snorter provides fast execution time and extensive trading features.
- This meme coin focuses on real tech utility, setting it apart from competition.
- Investors are piling in due to high staking returns, future potential, and problem-solving features.
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99Bitcoins
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Japan’s Remixpoint Secures $215 Million for Massive Bitcoin Buy
- Remixpoint, an energy consulting firm in Japan, is raising $215 million to expand its Bitcoin holdings to 3,000 BTC amidst the evolving crypto landscape in the country.
- The company's CEO is demonstrating strong Bitcoin conviction by taking his entire salary in BTC, aligning the company's treasury with Bitcoin, marking a strategic move in Japan's corporate adoption of cryptocurrencies.
- With Japan's regulatory environment recognizing crypto assets as financial instruments and potential approval of Bitcoin ETFs, Remixpoint's timing seems opportune in navigating the changing landscape.
- The move by Remixpoint signifies a wider trend in Japan towards embracing Bitcoin, with other companies like Metaplanet and SBC Medical Group also entering the cryptocurrency space, marking a shift towards institutional investment in the country.
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99Bitcoins
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Why is Crypto Going Up? BTC Briefly Touches New ATH of $112k
- Bitcoin (BTC) surged to a new all-time high of $112,040 on Bitstamp, with a market cap of $2.22 trillion.
- Geopolitical uncertainty and Bitcoin's appeal as a macro hedge amid tariff announcements have contributed to the rally.
- Bitcoin's decoupling from traditional assets like the S&P 500 has been noted during recent equity corrections.
- A decrease in Bitcoin reserves on exchanges indicates a potential supply shock, while a reset in the derivatives market may fuel further gains.
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99Bitcoins
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Ethereum Projections: ETH Gains Wall Street Cred as Fidelity Calls It a Store of Value
- Fidelity Investments recently described Ethereum (ETH) as a legitimate store of value and a key component of modern digital infrastructure.
- Following the report, the market sentiment surrounding ETH turned bullish almost overnight, with the token surging nearly 7% to $2,620 and surpassing Bitcoin in daily trading volume and open interest.
- Despite the recent rally, traders are accumulating short positions against ETH, potentially anticipating a market correction despite the positive momentum.
- Ethereum faces skepticism but shows signs of building momentum in Q3, with increasing spot demand and a potential push to reclaim $3,000 as a key price target.
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Blockonomi
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0
Image Credit: Blockonomi
FUNToken’s Deflation Model Isn’t Working on Math but on Trust Strategy
- FUNToken's deflation model prioritizes trust over raw mathematics in driving scarcity and value.
- Quarterly burns funded by revenue reinforce credibility and sustain growth, reflected in market response.
- Independent CertiK audit, transparent burns, and roadmap commitments strengthen investor confidence and stability.
- AI-powered Telegram bot boosts engagement, while roadmap milestones drive adoption and revenue.
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