Dubai, already a top destination for business travelers, is embracing crypto in a big way. In a major move, Emirates Group Chairman Sheikh Ahmed bin Saeed Al Maktoum signed a deal with Crypto.com and Dubai Duty Free, paving the way for travelers to soon pay for flights and duty-free shopping using cryptocurrency. Emirates will integrate …
Could corporations trigger the end of fiat currency? Crypto analyst Adam Livingston thinks so, and he’s not alone. In a bold prediction, Livingston warns that the corporate rush to accumulate Bitcoin is creating a massive demand shock. The supply squeeze could soon push BTC into uncharted territory and force a dramatic shift in global finance. …
The memecoin space is witnessing a sharp divergence in momentum, driven by evolving tokenomics, shifting liquidity flows, and growing investor segmentation. While emerging assets like SPX6900 and FLOKI attract significant capital inflows due to ecosystem upgrades and increased market visibility, others such as BONK and Fartcoin are entering consolidation phases, reflecting temporary equilibrium between buyers …
HMRC said the information will help users' crypto activity be linked to their tax record to work out how much tax is payable.
Circle and OKX have partnered to let the exchange’s 60 million users swap dollars for USDC to expand stablecoin liquidity.
It’s been a brutal cycle for altcoins. Bitcoin has taken center stage, dominating the narrative and capital flows, while altcoin holders continue to watch their portfolios stagnate, or worse, bleed. While Bitcoin continues to surge and is sticking above $100k, altcoins have only seen two brief rallies in March and November 2024. But according to …
While a post-mortem of the attack has yet to occur, the hacker appears to have drained funds out of GMX's GLP liquidity pool.
Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies.
Pump.fun is launching its first and only public token sale on July 12 on Bybit and other exchanges, aiming to raise $600 million.
Bitcoin maintaining its inverse correlation to the US dollar means big wins on the horizon as the dollar strength DXY index trails below key moving averages.
As artificial intelligence (AI) becomes the center of tech innovation, blockchain projects like Pi Network are beginning to ride this disruptive wave. With the AI market projected to hit a staggering $16 trillion by 2030, crypto analysts are now evaluating which tokens could benefit the most. Pi Coin is fast emerging as one of the …
Crypto fans will love this! South Korea’s government is taking steps to support the crypto industry by officially recognizing crypto businesses as part of its venture ecosystem. A new proposal from the Ministry of SMEs and Startups aims to let crypto firms register as “venture companies” – a status that gives access to tax cuts, …
A coalition of major crypto groups is urging a federal court to reject the DOJ’s effort to apply money transmission laws to open-source software.
Sen. Elizabeth Warren, who is known to be critical of the crypto industry, released standards to regulate that sector.
Crypto-market commentator “Quantum Ascend” devoted a 8 June video to a single idea: the price structure that once catapulted Ethereum Classic to its bull-market peak is about to do the same for Cardano—and could deliver a twenty-fold advance if history “rhymes rather than repeats.” Speaking to his followers, the analyst opened by noting that ADA’s weekly chart “looks so similar” to the multi-year pattern that preceded Ethereum Classic’s vertical move in early 2021. “They have the same market makers,” he asserted, pointing out that Cardano founder Charles Hoskinson had early involvement in both projects. “It’s almost like a cheat code for this thing.” Cardano Set For 2,000% Explosion To illustrate the parallel, Quantum Ascend overlaid the two assets’ Elliott-wave counts. In his reading, Ethereum Classic completed its fifth impulsive wave during the last cycle, whereas Cardano is “waiting on that fifth wave” after a prolonged flag-shaped consolidation. He then dropped a Fibonacci retracement on Ethereum Classic’s 2020–21 third-to-fourth-wave segment, showing the final thrust topped out “just shy of the 2.36”—and repeated the exercise on Cardano’s current structure, which has advanced to the same proportional level. “Come on, it’s not perfect,” he conceded, “but you guys see how similar these structures are.” A second Fibonacci projection, stretching Cardano’s initial three-wave span to a full 1.618 extension, points to a conservative target “up around four bucks,” he said. But a more ambitious extrapolation of Ethereum Classic’s 3.618 climax would propel ADA into a zone between roughly 10.67 and 12.55—an area he calls his “primary” and “secondary” objectives. From the current price such a run would exceed 2,000 percent. “That’s violent,” he remarked after flicking his cursor to the comparative surge on the ETC chart. “Hopefully you can see how clean this is, because I feel really good about Cardano getting up into that $10 level.” Related Reading: Cardano (ADA) Turns Upward — Signs of a Recovery Emerge Quantum Ascend argued that the temporal spacing is also lining up. Ethereum Classic’s listing in August 2016 meant its multiyear base completed roughly four and a half years later; Cardano’s analogous base, begun in late 2017, is now of similar duration, though “the whole chart has taken a little bit longer on the consolidation.” For him, that extension merely “loads the spring” for a sharper repricing once last season begins in earnest. The analyst did allow for interim turbulence. In his scenario, ADA could hit the former all-time-high region around $3.12, “reject back down to $1.67” during a broader market-wide wave-four shake-out, and only then launch into a blow-off toward the upper Fibonacci cluster. Still, even that corrective loop reinforces the fractal: “Over here with Ethereum Classic it got to its last all-time high, rejected, and then went on one more big run.” Related Reading: Cardano Price Woes To Continue? Analyst Expects ADA To Fall To $0.47 Quantifying his own risk appetite, Quantum Ascend told viewers he is “pretty hyped on Cardano” and wants the token “in my portfolio because it is one of my higher-conviction plays for what’s about to happen here.” He concluded by sketching three tiers of price objectives—$4.90 (conservative), $10.67 (primary) and $12.45 (secondary). Whether altseason’s starting gun fires as cleanly as the fractal implies remains to be seen, but Quantum Ascend’s thesis hinges on a single proposition: when the same market makers move two historically linked assets through mirror-image patterns, ignoring the setup may prove costlier than betting against it. At press time, ADA traded at $0.59. Featured image created with DALL.E, chart from TradingView.com
The integration unlocks Galaxy’s institutional staking platform for Fireblocks clients, enabling secure, capital-efficient on-chain participation at scale, according to a statement.
The cryptocurrency world is buzzing with a positive update from Samson Mow, the vocal CEO of JAN3 and a Bitcoin advocate. He reveals a delightful prediction: Bitcoin could soar to $1 million per coin in a matter of weeks to months. In a recent interview, Mow outlined his concept of “hyperbitcoinization,” a transformative change in …
OpenSea is going mobile after acquiring Rally, with plans to unify NFT and token trading, as well as expanding into DeFi, perpetuals and AI-powered tools.
New Zealand’s Ministry of Justice is set to ban crypto ATMs as part of a sweeping overhaul of the country’s anti-money laundering and counter-terrorism financing (AML/CFT) framework. The move forms part of a broader strategy to tighten regulations around financial crime while reducing compliance burdens for legitimate businesses. In a statement released on July 9, […]
The post New Zealand to ban crypto ATMs in AML crackdown appeared first on CryptoSlate.
OKX is rolling out zero-fee conversions between Circle’s USDC stablecoin and the US dollar as part of a new partnership with Circle.
Eigen Labs, backed by $220 million in venture funding, will continue to operate its EigenLayer and EigenDA protocols as part of EigenCloud.
ProCap BTC, now the 13th largest public bitcoin holder, pursues $1 billion merger with CCCM, offering investors both downside protection and upside potential.
By integrating World ID into the Story network, creators can not only verify the IP in their wallet but set terms for how others can use and pay for their intellectual property.
With one week already gone in the month of July, Ethereum has already begun to perform better than Bitcoin. While the gap is still very close, the outperformance of Ethereum over Bitcoin for only the second time this year could signal the entrance of better things for the altcoin market. If this continues, then an altcoin season might be on the horizon, as historical data shows it always begins with ETH outperforming BTC. So, let’s take a look at how both assets have been performing. Ethereum Barrels Ahead Of Bitcoin In July So far, in the month of July, the Ethereum price has been putting in more green candles, suggesting that bulls are making their move again. This has led to a small outperformance when compared to the Bitcoin price over this time period and could be the signal that altcoin season could be starting soon. Related Reading: Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence Data from the CryptoRank website shows that Ethereum is already up more than 2.50% since the start of July. Meanwhile, the Bitcoin price, while having seen some price increases, is up only 1.20% at the time of this writing. Thus, Ethereum is already performing better in the month of July. If this outperformance continues, then this would be only the second time that the Ethereum price will be doing better than the Bitcoin price so far in 2025. The first was back in May, when the Ethereum price rallied by over 41% in one month. This was major compared to Bitcoin’s 11.1% move in that month. However, while the Bitcoin rally in the month of May saw its price reach new all-time highs, Ethereum continues to struggle and remains below its $4,800 all-time high levels. Nevertheless, Ethereum’s rally did translate to bullishness for the altcoin market as the likes of PEPE and BONK rallied by more than 100% in response to this. Related Reading: Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target Given that Ethereum has led the altcoin season in the past, its outperformance of Bitcoin at this level remains a positive. If it continues, then the altcoin market could start to see further increases in price. And if Ethereum rises another 41% from here, it would put it right on the path to $4,000. However, the month of July has not historically been the best month for Ethereum, with an average return of +5.13%. The whole of the third quarter of the year is also a mixed bag for the altcoin, with an equal number of green and red closes over the last decade. Thus, it remains to be seen how the ETH price will perform this quarter and if it can successfully outpace Bitcoin. Featured image from Dall.E, chart from TradingView.com
It’s been nearly two months since Bitcoin last tried and failed to break past the $112K mark. Three attempts, and still no new all-time high. But that might be about to change. According to recent on-chain data, Bitcoin could be just days away from setting a new record. CryptoQuant analyst Axel Adler Jr. has spotted …
The government also proposed setting an upper limit of 5,000 New Zealand dollars ($3,000) for international cash transfers.
H100 Group, Remixpoint and LQWD Technologies secured new funding to boost BTC reserves, signaling growing corporate confidence in bitcoin treasuries.
As the crypto market moves sideways, Solana (SOL) compresses between two key levels. Some analysts suggest that the cryptocurrency is about to break out and reclaim a crucial resistance level, which could trigger the long-awaited retest of the $200 barrier. Related Reading: Bitcoin Back In ‘Retesting Phase’ After Key Level Reclaim – The Calm Before The Storm? Solana Holds Key Support After recovering from last month’s downtrend, Solana has been attempting to reclaim the crucial $160 level to continue its bullish rally. The cryptocurrency traded between the $140-$180 range for two months, but briefly lost its post-breakout range in late June. Two weeks ago, SOL fell below the $130 area, hitting a two-month low of $126 on June 22. Since then, the altcoin has recovered, fueled by last week’s launch of a Solana staked crypto Exchange-Traded Fund (ETF) in the US by Rex Shares. Following the news, Solana’s price jumped toward the $160 resistance level but was rejected, hovering between the $145-$155 price range for the past week. On Tuesday, SOL fell below the $150 level, hitting the $147 support before bouncing. Analyst Ali Martinez noted that the $147.59 area is one of the most important support levels for Solana, as losing this level could trigger a pullback to the next key zone around the $141 mark. Similarly, market watcher Man of Bitcoin affirmed that SOL’s key support to maintain is around $141.91, adding that “a sustained break below this level would suggest that wave-C of (ii) is already underway.” The analyst previously warned that there is a potential scenario “with one more low in wave-5,” if the cryptocurrency doesn’t hold about the $148 mark. However, maintaining this support would build a base to target the local highs. SOL About To Retest $160? Analyst Carl Runefelt from The Moon Show affirmed that SOL is “about to break off” a triangle formation and test the $162 resistance. As the price compresses between the upper and lower boundaries, the analyst suggested that the cryptocurrency’s breakout is around the corner. Notably, Solana has been forming a one-week symmetrical triangle pattern in the daily chart. If the cryptocurrency successfully breaks above the $152-$153 zone, it could see a 10.87% jump toward the technical target of $167. The Cryptonomist highlighted that SOL broke out of a multi-day diagonal resistance on Sunday, which was retested and confirmed as support after bouncing around the $147 twice since the breakout. Related Reading: 50% Bitcoin Price Crash On The Horizon? Analyst Reveals $60,000 Target The analyst considers that the cryptocurrency is preparing for a continuation of its rally, targeting the one-week high and resistance of $160. Meanwhile, Crypto Jelle noted that despite the April downside deviation, Solana continues to trade within its $125-$180 Macro Range, currently hovering around the mid-range. To him, “it looks like it’s just waiting for BTC to break out. Once it reclaims $160, $200 should come quickly. Above there, new all-time highs are within reach.” As of this writing, Solana is trading at $151.51, a 3.6% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. equities as BEP-20 tokens.
New Zealand banned crypto ATMs and set a $5,000 cap on overseas cash transfers in a major step to combat money laundering and financial crime.