The exploit highlights vulnerabilities in DeFi platforms, potentially undermining trust and prompting stricter security measures industry-wide.
The post Top perps DEX GMX suspectedly hacked in re-entrancy attack, $GMX token plunges appeared first on Crypto Briefing.
Launched in late 2024, Ripple’s enterprise-focused RLUSD stablecoin has hit a $500 million market cap in less than seven months.
The deal, however, appears to be a "one-off," and unlikely to be replicated.
Crypto.com has significantly expanded its presence in the United Arab Emirates (UAE), striking multiple high-impact partnerships across aviation, real estate, and public sector services. During the last three months, the crypto exchange has partnered with leading institutions, including Emirates Airlines, the Dubai Land Department, and the Dubai Department of Finance, positioning itself at the center […]
The post Crypto.com signs major deals in Dubai to enable crypto payments appeared first on CryptoSlate.
Ethereum has finally pushed above the critical $2,600 level after weeks of range-bound trading, marking a potential turning point in its price structure. This breakout comes as bullish momentum builds, with Ethereum now preparing for a possible expansion toward the $2,800 resistance level—a zone that has repeatedly rejected upward attempts since early May. The coming days will be decisive in shaping Ethereum’s short-term trajectory, especially if bulls manage to drive the price beyond this key barrier. Related Reading: ERC-20 Stablecoin Supply Hits All-Time High At $121B – Liquidity On The Rise A breakout above $2,800 would not only signal renewed strength in Ethereum but could also catalyze a broader altcoin rally. Market sentiment is gradually shifting, with traders growing more optimistic amid easing macroeconomic pressures and signs of renewed risk appetite. Top analyst Ted Pillows recently shared an Ethereum chart showing a clear upward breakout from compression. This technical pattern typically precedes strong directional moves, and in this case, it favors the bulls. Pillows suggests that Ethereum is taking the lead while Bitcoin remains in consolidation, indicating that ETH may be setting the pace for the next phase of the crypto cycle. All eyes are now on the $2,800 level, which could unlock significant upside if breached. Ethereum Leads the Charge: Major Move Ahead Since early May, Ethereum has traded within a tight consolidation range between $2,400 and $2,700, unable to break out despite several attempts. This extended period of sideways action has built up pressure, and market participants widely expect the next move to be significant. Bulls have shown resilience, defending demand levels and keeping ETH above the $2,500 mark for several weeks. However, a clear breakout above critical resistance is still needed to confirm a broader bullish trend. Altcoins continue to struggle, with most still trading below key resistance levels. Many analysts agree that a sustained Ethereum breakout is the missing trigger for the long-awaited altseason. Market leadership from ETH has historically marked the start of major altcoin rallies, and the current setup could be no different. Top analyst Ted Pillows shared a 4-hour chart highlighting an upward breakout from a compression pattern just above $2,600. According to Pillow’s analysis, Ethereum is leading the market while Bitcoin remains in a holding pattern below all-time highs. This leadership role for ETH could signal a shift in capital toward altcoins, especially if Ethereum follows through and breaks the $2,800 resistance level. Related Reading: Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout ETH Price Analysis: Upward Momentum Builds Above $2,600 Ethereum (ETH) is showing renewed strength after breaking above the key $2,600 level. The 12-hour chart reveals a bullish structure forming, with ETH currently trading at $2,612.61. This move follows a sustained period of consolidation between $2,400 and $2,600, where buyers consistently defended lower levels. Now, Ethereum is printing higher lows and gradually reclaiming its moving averages. Price is now trading above the 50-period and 100-period simple moving averages (SMAs), currently positioned at $2,483.37 and $2,536.77, respectively. This alignment is bullish and suggests ETH is building momentum for a potential retest of the $2,700–$2,800 resistance zone. A successful break above this area would confirm the breakout from compression and open the door for a more significant rally. Related Reading: Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350 Volume remains moderate, but recent green candles show growing buyer interest as ETH pushes upward. The 200-period SMA sits lower at $2,221.56, reflecting Ethereum’s longer-term bullish trend and acting as a strong base of support. Featured image from Dall-E, chart from TradingView
Bybit will host PumpFun’s PUMP token sale, but users in Europe will be excluded due to regulatory restrictions.
The cryptocurrency market is trading sideways today, with Bitcoin holding around $ 109,000 and Ethereum near $ 2,600. While majors consolidate, select altcoins are flashing breakout potential—driven by strong on-chain activity, rising TVL, or fresh catalysts like listings, unlocks, or ecosystem upgrades. From Layer-2 leaders to trending meme coins and oracle networks, momentum is quietly …
Polygon (POL) joined Stellar (XLM) as a top performer, rising 6.7% from Tuesday.
The stack sizes of long term and short term holders typically move in opposite directions.
Bullish and the Solana Foundation will work on institutional-grade financial infrastructure with stablecoins built on Solana to serve as the primary rails for the exchange.
The network, currently in testnet, will operate differently compared to conventional rollups that depend on sequencer fees, the team said.
Bitcoin price is currently trading at $109,500, reflecting a 4% increase this week and a 2% rise intraday, despite the resurfacing of major dormant wallets. Recently, two wallets that had been inactive for over six years transferred a total of 8,000 BTC into a custody wallet controlled by Coinbase Prime. Additionally, data from Glassnode revealed …
Ethereum co-founder Joseph Lubin said that corporate ETH treasuries are vital for driving ecosystem growth.
BONK declines 6% but growing Bonk.fun dominance and burn-fueled market share shift underpin long-term momentum
The launch of xStocks on BNB Chain comes on the heels of debuting on Solana DeFi protocols last week.
Chainlink (LINK), a leader in decentralized oracle networks, is currently witnessing a crucial consolidation phase. With major institutional integrations and on-chain accumulation by whales, LINK appears poised for a significant move. As the crypto market regains traction, all eyes are on Chainlink’s technical structure and the expanding use cases around its CCIP protocol. Chainlink Ecosystem …
XRP hits its highest since May 23 as the key momentum indicator flashes green signal.
Ripple's partnership with BNY Mellon could accelerate institutional crypto adoption, enhancing trust and bridging traditional finance with digital assets.
The post Ripple taps BNY to secure RLUSD stablecoin with institutional-grade custody appeared first on Crypto Briefing.
Although a relatively small amount, it marks the first time cryptocurrency has been added to APLUS’s prize catalog, which previously focused on cashbacks and partner rewards.
With several high-profile unlocks already underway, July 2025 continues to shape up as one of the most impactful months, with over $1.8 billion in cumulative value scheduled, including the now-completed $323M unlock from SUI earlier this month, the largest of July. According to TokenUnlocks data, unlock activity will peak in the third week of July …
Polygon’s Proof-of-Stake (PoS) network will undergo a major consensus upgrade with the rollout of Heimdall v2 on July 10. Sandeep Nailwal, Polygon’s co-founder, described it as the most technically advanced hard fork the chain has undertaken since its launch in 2020. Following the announcement, the network’s native token, POL, gained nearly 10% within 24 hours, […]
The post Polygon surges 10% ahead of Heimdall v2 upgrade appeared first on CryptoSlate.
Trump Media & Technology Group (TMTG) quietly lodged an S-1 with the US Securities and Exchange Commission late on July 8, seeking approval for the “Truth Social Crypto Blue Chip ETF.” Despite a swirl of social-media posts placing the paperwork in early June, the SEC’s time-stamp confirms the filing date as July 8. The prospectus sketches a five-coin portfolio weighted approximately 70 percent to bitcoin, 15 percent to ether, 8 percent to solana, 5 percent to Cronos and 2 percent to XRP, making it the first Trump-branded product to diversify beyond the two largest digital assets. The trust, structured as a Nevada business trust and sponsored by boutique issuer Yorkville America Digital, aims to list its shares on NYSE Arca. Foris DAX Trust — the US institutional arm of Crypto.com — is named digital-asset custodian, while authorized participants will create and redeem blocks of 10,000 shares in kind or for cash, subject to NYSE rule changes. The prospectus also discloses that staking rewards on ether, solana and cronos may be passed through to the fund, a design choice that would set a precedent among US spot-crypto ETFs. Related Reading: Pundit Explains Why XRP Stands To Gain Big From Ripple’s RLUSD Analyst Eric Balchunas of Bloomberg distilled the filing in two succinct posts on X: “New filing for the Truth Social Crypto Blue Chip ETF, which will be a spot crypto basket holding Bitcoin, Ether, Solana, XRP and Cronos,” he wrote; in a follow-up, he reproduced the pivotal language: “the Trust’s allocation… is initially expected to approximate 70% bitcoin, 15% ether, 8% SOL, 5% CRO and 2% XRP.” Those percentages now serve as the market’s working model for how the Trump universe ranks crypto’s ‘blue chips.’ Why Solana, Cronos And XRP? Overall, the allocation may serve as an implicit ranking of the top five crypto assets as viewed through the lens of Trump’s inner circle. Binance top trader by PnL Nachi (@alphawifhat) commented via X: “I think it’s useful to look at the allocation ratio of the Truth Social Crypto ETF […] I see this as an indication of how Trump’s crypto team looks at the top crypto assets and what are the top 5 they want to value the most. This could be a catalyst to pump CRO as it’s a dark horse.” Solana’s climb to an 8 percent weight is more than a momentum trade. CME Group this spring announced cash-settled Solana futures pending CFTC sign-off, extending the same institutional rails that helped bitcoin and ether graduate into ETF form. Notably, the SEC has set a July deadline for spot Solana ETF refilings, indicating a potential approval before the October 2 deadline. Related Reading: XRP Set To Shock The Crypto Market With 30% Share, Analyst Predicts Cronos leaps over better-capitalized tokens because Crypto.com is literally powering Trump’s ETFs. “We are proud to partner with Trump Media and Yorkville… including the first-of-its-kind basket of tokens featuring CRO,” Crypto.com co-founder Kris Marszalek said in March when the multi-year, roughly $2.7 billion partnership was unveiled. Under the agreement, Crypto.com supplies custody, liquidity and back-end order routing for all Truth-branded funds. XRP brings up the rear at two percent, reflecting both its renewed legitimacy and its still-nascent institutional plumbing. On June 27, Ripple Labs announced that it will withdraw its cross appeal against the SEC. The token’s modest two-percent slice is politicized as much as it is financial. In early March a staffer from Ballard Partners—the K-Street shop that counts Ripple as a client—slipped Donald Trump draft language for a Truth Social post urging that XRP, Solana and Cardano be placed in a national “Crypto Strategic Reserve.” Trump hit “post” and only later discovered the Ripple connection; insiders told Politico he “was furious and felt like he’d been used.” Despite that, the inclusion of XRP still shows Trump’s ties with Ripple. At press time, XRP traded at $2.33. Featured image created with DALL.E, chart from TradingView.com
Emirates and Crypto.com will work together to introduce crypto payments and launch promotional campaigns to boost adoption.
Heading into next week's "Crypto Week" on Capitol Hill, the House of Representatives is lining up a few votes as it puts its major focus on the Stability Act.
The recent surge in the price of POL, previously known as MATIC, has caught the attention of both retail investors and long-term traders. With the price breaking above a key resistance zone ahead of the highly anticipated Heimdall upgrade, the market sentiment is shifting. With this, the question arises whether the current breakout can be …
Ripple’s stablecoin is getting a serious upgrade in trust and credibility now that Wall Street is officially involved. Ripple has announced that BNY Mellon, the oldest bank in the U.S., will act as the primary custodian for its U.S. dollar-backed stablecoin, Ripple USD (RLUSD). This means BNY Mellon will now hold the reserves that back …
Bitcoin has been making people nervous lately. With price swings and multiple failed attempts to push past $112,000, many are wondering, is the bull run over? Are we entering another bear market? But, according to experienced crypto trader Mags, analysis suggests that Bitcoin may be preparing for another major rally. Bitcoin’s 50-WMA Hints at $130K …
What if Tesla never stopped accepting Bitcoin? According to Tomas Grief, Chief Product Officer at Brainns, the EV giant could have amassed 160,000 BTC, now worth over $17 billion — simply by accepting just 2% of its car sales in Bitcoin since 2021. That stash would now be nearly half of Tesla’s total profits since …
Emirates' crypto payment integration could accelerate digital currency adoption in global travel, aligning with Dubai's financial innovation goals.
The post Airline giant Emirates to accept Bitcoin and crypto payments for flights, services appeared first on Crypto Briefing.
SOL price analysts see the altcoin’s potential to rally to new all-time highs as a spot Solana ETF is likely to be approved this year.