Crypto-focused asset manager Grayscale's IPO may enable it to seek out new funding avenues such as stock or convertible note offerings.
By securing a national trust charter, USDC’s issuer, Circle, plans to directly manage its $62-bilion reserves.
The shares rose over 40% after revealing the large ETH holdings, following a 50% drop after a $2 billion at-the-market offering.
Lawmakers and cryptocurrency advocates are gearing up for what is to be one of the biggest weeks for digital asset legislation.
The digital currency-focused asset manager filed preliminary paperwork that could lead to an IPO.
BlackRock’s spot Bitcoin exchange-traded fund (ETF) is on track to surpass $100 billion in assets this month, according to Bloomberg ETF analyst Eric Balchunas. In a June 14 post on X, Balchunas noted that while he previously projected the fund, IBIT, could hit the $100 billion mark this summer, it could happen even sooner. He […]
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Bitcoin ascended to an all-time high just shy of $123,00 during the European morning.
The Bitcoin price is once again commanding the spotlight as bullish momentum propels the leading cryptocurrency to new all-time highs. With the price already breaking past the $122,000 mark, analysts are growing increasingly confident in the potential for even higher targets. A recently shared chart analysis by market expert CrediBull Crypto suggests that the current rally is far from—and most importantly, no major dips are expected along the way. As a result, he has forecasted that BTC could see a significant price surge to $155,000 soon. Bitcoin Price Action Clears Path To $155,000 Bitcoin’s momentum continues to gather steam, with technical indicators from CrediBull Crypto’s wave analysis report signals a bullish continuation that could propel the cryptocurrency’s price to $155,000 in the coming weeks. The analyst’s new wave count projection suggests that Bitcoin is firmly in the middle of a powerful upward leg, with minimal signs of a pullback ahead. Related Reading: Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden Number’ CrediBull Crypto’s shared price chart highlights a well-formed textbook Elliott Wave structure that suggests that Bitcoin is in the early stages of a strong Wave 3. Notably, BTC’s recent breakout above the $112,000 range shifted market sentiment in a bullish direction. What once served as resistance was quickly flipped to support, and now price action is clearing a path toward even higher ATH targets as momentum continues to build. A critical factor supporting the analyst’s optimistic BTC outlook is the daily demand zone between $98,000 and 101,000. This area served as the launch point for the previous rally above $112,000 and has remained untested ever since. With selling pressure diminishing and strength building, CrediBull Crypto believes that the price of Bitcoin will stay well above the $110,000 level. He also views a retest to $112,000 or a decline to $110,000 or below as highly unlikely under current bullish conditions. According to the analyst, Bitcoin’s projected path forward places it near $135,000 by the completion of Wave 3, followed by a brief period of consolidation before a final push toward $155,000. Bitcoin Rise Above $120,000 Is Just The Beginning As Bitcoin continues its ride above $120,000, Crypto Fella, a market expert on X, has cited the potential for the cryptocurrency to enter price discovery mode and skyrocket to uncharted levels. The analyst’s chart highlights a well-defined ascending trendline beginning in early 2023, with three distinct rally zones marked by purple rectangles. Each of these phases showcases consolidation followed by an aggressive upward move, suggesting a clear pattern of accumulation and breakout. Related Reading: Market Expert Says It’s Now ‘Illegal’ To Short Bitcoin, Here’s Why The current leg of Bitcoin’s rally appears to mirror this trend from past bullish cycles but with greater force, hinting that the leading cryptocurrency could be on the verge of a parabolic surge. A key target identified in Crypto Fella’s analysis sits around the $138,206 level, which aligns with the projected continuation along the trendline. This level represents the next major psychological resistance and could mark the entrance into a new phase of price discovery. Featured image from Pixabay, chart from Tradingview.com
Bitcoin has outpaced traditional benchmarks since 2020, registering gains exceeding 1,500%, while gold advanced roughly 115% and the U.S. Dollar Index remained nearly flat. The divergence in asset performance reflects a period of monetary expansion, persistent inflation concerns, and evolving perceptions of scarce, non-sovereign assets as institutional investors and sovereign entities re-evaluate reserves and portfolio […]
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U.S. federal banking agencies released a joint statement setting out how existing rules apply to banks holding crypto on customers' behalf.
The White House's campaign for new Federal Reserve leadership amped higher over the weekend.
Too many Democrats “standing in the way” of crypto and “out of step with the very voters we need to win,” says former Virginia Governor Terry McAuliffe.
Bitcoin hit new all-time highs above $122,000 on Monday, up 29% in 2025, overtaking gold’s 27% gains year to date.
Project X seeks to open up Hyperliquid's HyperEVM with a Uniswap-style automated market maker experience—and make DeFi more user-friendly too.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sonnet BioTherapeutics, a publicly listed biotech firm, has announced a definitive merger agreement with Rorschach I LLC, a newly formed entity backed by Atlas Merchant Capital and other crypto-focused investors, including Paradigm Ventures. According to a July 14 statement, the merged company will adopt a new name, Hyperliquid Strategies, Inc. (HSI), and shift its focus […]
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Grayscale's IPO move signals increasing mainstream acceptance and potential growth for digital asset firms in traditional financial markets.
The post Digital asset manager Grayscale confidentially files for IPO in the US appeared first on Crypto Briefing.
Now the largest known corporate Ether treasury, SharpLink Gaming acquired nearly $49 million worth of ETH.
Sui (SUI) is making waves again in the crypto space, jumping nearly 12% in a day and now inching closer to the $4 mark. This fresh surge follows a week-long rally that saw SUI climb almost 20%, breaking past a key resistance trendline. At press time, the token trades around $3.90, and market watchers are …
Biotech firm Sonnet is merging with Rorschach to form Hyperliquid Strategies, which aims to become HYPE token’s largest United States-listed holder.
USDG is currently available on Ethereum, Solana, and Ink, and is issued by Paxos Digital Singapore and Paxos Issuance Europe.
The asset manager joins a number of crypto firms that are looking to go public as the digital assets market heats up.
Michael Saylor’s Strategy has made a fresh $472.5 million investment in Bitcoin amid the cryptocurrency surging past new highs last week.
Hedera (HBAR) joined Stellar (XLM) as a top performer, rising 19.1%.
If convicted on all three charges, Storm faces a maximum sentence of 45 years in prison.
Shaco AI, in a fresh update, highlighted that Bitcoin is showing off its moves, dancing upwards past both the 25-hour ($119,088.50) and 50-hour ($118,338.56) Simple Moving Averages. With such momentum, it’s clear BTC has decided it’s not a bear season yet. Momentum And Indicators Shaco AI’s analysis on Bitcoin dives deep into the technical indicators, and there’s no shortage of bullish energy in the air. First off, the Relative Strength Index (RSI) is currently riding high at 86.02. That’s well into overbought territory, and as Shaco colorfully put it, “it might need to hydrate soon.” Such elevated RSI levels often signal a potential cooldown on the horizon, but for now, momentum is favoring the bulls. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Adding fuel to the trend is the Average Directional Index (ADX), which sits at a robust 44 points. According to Shaco AI, this reading confirms that the current uptrend is strong and well-supported. The MACD (Moving Average Convergence Divergence) indicator is also reinforcing this bullish narrative, with a reading of 967.98. Shaco described it as “screaming positive vibes,” a signal that buying pressure continues to dominate. A rising MACD in conjunction with a strong ADX often paints a picture of confident market participants driving the trend with conviction. One of the most telling signs is volume. Shaco pointed out that Bitcoin’s trading volume has surged to 2704.5, a significant leap above its average of 856.81. He described this as “some serious weight lifting in buying interest,” underscoring that this isn’t a weak or speculative move — traders are putting real capital behind the rally. Support And Resistance: Bitcoin Make-Or-Break Levels The analyst went further to highlight key levels traders should closely monitor. He noted, “Key Levels Alert: Keep an eye on the resistance at $122,666.0 and support sitting firm at $116,900.05. It feels like Bitcoin is playing ‘The Floor is Lava’ with support levels!” This colorful analogy points to the importance of holding key support to maintain bullish momentum. Related Reading: Bitcoin Consolidation Continues: 2 Key Support Levels To Watch According to Shaco AI, if Bitcoin can sustain a move above the current resistance zone, traders might want to watch for a potential breakout. However, with the RSI already deep in overbought territory, there’s also the possibility that BTC may “peak too soon,” leading to a pullback or brief consolidation phase. He wrapped up the post with a reminder that while momentum is clearly favoring the bulls, it’s essential to stay cautious. “Always make well-informed decisions and manage your risk carefully,” the analyst advised, reinforcing the importance of strategic planning in a volatile market. Featured image from Pixabay, chart from Tradingview.com
Tornado Cash co-founder Roman Storm’s trial could set a precedent for how much responsibility developers bear for decentralized tools used illegally.
ZachXBT confirmed his involvement in investigating a cyberattack targeting Brazilian financial institutions. He stated that a breach at C&M, a Central Bank of Brazil services provider, exposed reserve accounts across six banks, with attackers moving stolen fiat into crypto. He said he manually traced the theft, examining volume spikes on Brazilian exchanges and tracking hot […]
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Vanguard, a $10 trillion money manager, has through its funds become the largest shareholder in Bitcoin stockpiler Strategy.
The crypto world has seen strange things before, but NBA Hall of Famer Scottie Pippen may have just added another twist. Pippen claims that Satoshi visited him in a dream again, this time delivering a strange but powerful message about Bitcoin’s next move. Here’s what he says! Satoshi Sends a Message In his latest post, …