Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter. The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems. The source told the news […]
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PEPE is back in the spotlight. A massive surge in Google search activity on July 22 sent the memecoin to the top of the trending list. Data from Google Trends showed interest in PEPE spiking from 25 to a perfect 100, indicating a massive 300% surge – the highest possible level of search popularity. It was short-lived but loud. For tokens that thrive on hype, moments like this can be fuel—or fire. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now Google Trend Spike Hints At Speculation Pressure According to analysts tracking memecoin chatter, this kind of surge in online curiosity can be both a blessing and a warning. On one hand, spikes in search interest often precede price movements as new buyers jump in. On the other, it can mark the top of a wave, right before it crashes. For PEPE, community-driven excitement is a known driver. Past crypto cycles show that when attention hits extremes, prices often follow. But what follows that is less predictable. Sharp reversals aren’t rare, especially in volatile memecoins. Trading volume data revealed that sellers were in control during the two days leading up to the current rally. Now, buy-side pressure is returning, and bulls are trying to hold the line. Breaking The Downtrend And What’s Next On-chain charts show something else happened this month. PEPE broke its long-term downtrend from December 9, 2024. The token double-bottomed at $0.00000568 in March. Then on July 10, it pierced the trendline for the first time. It didn’t stop there—PEPE retested that breakout five days later. If the price holds above $0.00000568, the next likely target is $0.000016, last seen in Q4 2024. But crypto doesn’t make promises. A break below that line could trap recent buyers and drag the price sideways or lower. For now, this is a make-or-break moment for traders watching closely. Related Reading: Not Even Bitcoin Is Safe: Kiyosaki Warns Of Massive Market Collapse Whales Play Their Hand Meanwhile, whales are making noise of their own. Onchain Lens reported that a trader pocketed $538,500 after exiting long positions on PEPE and Ethereum. The network’s health isn’t sending clear signals either. The NVT ratio was 41 at last check, indicating low transaction activity compared to market value. It dropped 30% in one day—a red flag, perhaps, if activity doesn’t pick up. What comes next may depend less on charts and more on timing. Featured image from Meta, chart from TradingView
The Bitcoin (BTC) bullish delay, amid ongoing Ethereum (ETH) pump, has increased the odds of a memecoin season, led by Solana-based memecoins that have been launched through the letsBONK.fun platform. According to market aggregate data from coingecko, top Solana memes gained 10% in the past 24 hours, led by Pudgy Penguins (PENGU). The top Pump.fun …
Bitcoin continues to face selling near $120,000, but the bulls have kept up the pressure, increasing the likelihood of an upside breakout.
Dating app Flirtini launches an AI coach to teach men how to flirt without flashing.
New legislation like the GENIUS Act is paving the way for institutional adoption of real-world asset tokenization, as Aptos Labs and other major players lead the charge.
Out of the 58 entities holding Ethereum (ETH) in their treasuries, the 10 public-listed companies have roughly $3.2 billion, equivalent to 865,265 ETH. According to Strategic ETH Reserve data, four publicly listed companies recently added 113,300 ETH to their holdings. Furthermore, the number of entities jumped from 40 in June to 58 as of July […]
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President Donald Trump has reignited crypto conversations online after sharing a viral video explaining Bitcoin during a U.S. Senate hearing. The clip, which features Director of Research at Coin Center, Peter Van Valkenburgh, offers a powerful defense of Bitcoin’s decentralized nature and its role as public financial infrastructure. What His Bitcoin Message Means As mentioned by MJTruthUltra’s post on X, President Donald Trump has shared a video of Peter Van Valkenburgh, Coin Center’s Director of Research, delivering a powerful and articulate explanation of Bitcoin during a US Senate hearing. Related Reading: Trump Media’s $2 Billion Bitcoin Buy Sparks Surge In Stock Price Speaking before the lawmakers, Van Valkenburgh described Bitcoin as the world’s first cryptocurrency, built on the first public blockchain network. He emphasized that Bitcoin allows anyone to send and receive value globally using just a computer and an internet connection without relying on trusted third parties like banks. He also highlights Bitcoin’s revolutionary nature as the first public digital payments infrastructure, compared to the internet information before money access. Unlike traditional financial systems, which rely on private banks to update ledgers and approve transactions, Bitcoin operates on a public blockchain that anyone can access, regardless of background or credit status. Van Valkenburgh stated that Bitcoin’s decentralized design directly addresses the inherent vulnerabilities of centralized systems, which often have single points of failure. These weaknesses have led to some of the most damaging security breaches in modern history. He points to high-profile incidents, such as the Equifax data breach, which exposed the personal information of 143 million Americans, the SWIFT network frauds, which totaled hundreds of millions, including cases involving North Korean hackers, and the $1.8 billion fraud at Punjab National Bank, which enabled internal exploitation of centralized trust. Van Valkenburgh also cites the 2016 Dyn botnet attack, which took down major websites. He extends these concerns to the Internet of Things, where hacks have compromised pacemakers, baby monitors, and even vehicles, all due to reliance on centralized control systems. He advocates for the development of more public digital infrastructure, like Bitcoin and Blockchain networks, to reduce reliance on powerful corporate intermediaries. These systems foster greater competition, resilience, and user empowerment by potentially replacing centralized chokepoints that are vulnerable to failure, censorship, and abuse. MicroStrategy Now Owns Over 600 Bitcoin While prominent figures in the financial and political landscape advocate for Bitcoin, institutional adoption continues to grow, with companies like Strategy purchasing the asset in large quantities. This rising interest from large-scale investors and businesses adds weight to BTC’s status as a reliable store of value. Related Reading: Bitcoin Holders Are Taking Profits—But Is the Top Still Far Away? BNB Swap revealed on X that Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, has again expanded its massive crypto and BTC treasury. The firm has acquired an additional 6,220 BTC, worth $739.8 million. This latest purchase pushes MicroStrategy’s total Bitcoin holdings to an astonishing 607,770 BTC, accumulated at an estimated cost basis of $43.6 billion. Featured image from iStock images, chart from tradingview.com
Feds have dropped an investigation into Kraken co-founder Jesse Powell, he said Tuesday, over allegations levied by a nonprofit he started.
Tapiero, who previously projected a $10 trillion crypto market, adjusted his forecast after seeing the success of Circle's IPO and Deribit's acquisition by Coinbase.
Institutional interest in crypto has been rising as regulatory clarity increases in the United States.
The SEC has released multiple crypto ETF updates this week, signaling shifting regulatory priorities.
SEC approves Bitwise crypto index ETF including BTC, ETH, and XRP as analysts expect altcoin ETF wave amid pro-crypto shift in US.
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SSK, the first US ETF to combine spot Solana exposure with on-chain staking rewards, attracted over $100M in 12 trading days.
Cboe has submitted amendments for five crypto-related exchange-traded funds (ETFs) that would allow authorized participants to create and redeem shares in-kind, which is a positive sign for the approval of such funds. Bloomberg ETF analyst James Seyffart shared on July 22 a screenshot of the exchanges’ docket showing the amended rule filings. The amendments relate […]
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The analysts expect more competition from traditional financial services organizations who are diving into stablecoin initiatives amid an improved political environment for digital assets.
The aerospace firm consolidated its Bitcoin tokens that were stored in 16 wallets into a single on-chain wallet.
The exodus stretched the waiting line to over 9 days, but strong staking demand from ETH treasury firms and SEC clarity may keep sell pressure in check.
As the crypto market gears up for what many expect to be a major bull run in 2025, top analysts are beginning to share their most realistic price predictions for leading digital assets like Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Binance Coin (BNB), Aptos (APT), and others. Though their forecasts vary in optimism, there’s a shared consensus that significant gains are likely on the horizon. Bitcoin, Ethereum, LINK, BNB And Aptos Price Forecast As excitement builds around the next potential crypto bull run, well-known crypto analyst and YouTube host Altcoin Daily has released a fresh batch of “realistic” price predictions for major digital assets expected to perform strongly in 2025. Related Reading: The Final Bitcoin Act: Here’s What To Expect As BTC Trends Sideways In the forecast posted on X social media, Bitcoin is expected to reach a peak of $150,000 during the next bull market. Currently trading at $117,629, the flagship cryptocurrency has pulled back from its recent all-time high above $123,000. To reach the projected $150,000 target, BTC would need to surge by roughly 27.52% from its current level. Ethereum, the second-largest cryptocurrency, is also set for significant gains this cycle. Altcoin Daily forecasts that the altcoin is likely to hit $5,000 in 2025. Over the past few weeks, Ethereum has posted strong gains, overcoming key resistance and emerging from a prolonged consolidation phase. Now trading at $3,696, the top altcoin has surged by an impressive 61.45% over the past month. From this level, ETH would need to climb approximately 35.26% to reach a $5,000 peak. Weighing in on other major altcoins, Chainlink, the leading decentralized oracle provider, is expected to rise to $30, representing a potential surge of over 57% from its current price of $19.1. As for Binance Coin, Altcoin Daily anticipates a strong rally toward the $1,000 mark from BNB’s current price of $759. For the final forecast, Altcoin Daily sets a $10 target for Aptos, a relatively newer Layer-1 blockchain. At the time of writing, the token is trading at $5.25, meaning it is expected to surge by approximately 90.5% to reach the expected peak. Realistic Targets For 2025 Altcoin Season Offering a significantly more inclusive forecast, crypto analyst Domba.eth took to X to share realistic price targets for 19 major cryptocurrencies ahead of the anticipated 2025 altcoin season. In line with Altcoin Daily’s projection, Domba.eth forecasts a relatively similar peak range for BTC, ETH, and BNB. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? The analyst’s projection also extends to cryptocurrencies not covered by Altcoin Daily, including Solana, XRP, and Cardano. Notably, Solana is expected to rise between $300 and $500 during the upcoming altcoin season, suggesting a possible surge of 50% to 152% from its current price of $199.1. XRP, which recently saw a sharp rally above $3.5, is forecasted to rise between $3.2 and $4.7, assuming positive sentiment remains strong and legal clarity improves. Meanwhile, Cardano is expected to reach a range of $1.2 to $2.1, representing a potential gain of roughly 38% to 141.4% from its present price of $0.87. Featured image from iStock, chart from Tradingview.com
Solana’s (SOL) recent climb back above $200 is a sign that the altcoin pivoted from a “meme-driven ecosystem” to a “high-beta, blue-chip alternative” that is attracting institutional attention. According to MEXC Research chief analyst Shawn Young, the over 34% increase in July to the $202.52 price, as of press time, marks a shift in how […]
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Polymarket is considering launching its own stablecoin to capture yield from USDC reserves as it resumes operations in the US.
The post Polymarket eyes stablecoin launch to capture yield from locked USDC reserves appeared first on Crypto Briefing.
Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle’s dollar-pegged token, USDC, a source said.
Citadel Securities has urged the U.S. Securities and Exchange Commission to proceed cautiously with any initiatives that would accelerate the adoption of tokenized securities, warning that a hasty approach could disrupt existing capital markets and marginalize institutional investors. The market-making giant submitted its recommendations in a formal letter to the SEC’s Crypto Task Force, arguing […]
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Meme stocks are rallying in lockstep with crypto and the broader stock market, with gains reminiscent of the pandemic era.
Bitcoin is turning heads once again as it climbs steadily within a rising channel, teasing a potential explosive move. According to chart watchers, the current rally aligns with Wave (5) of an Elliott Wave structure, historically the phase that unleashes the most aggressive price action. With momentum building and institutional demand ramping up, could this be the final leg before Bitcoin launches toward uncharted territory? Rising Channel Holds Firm As Wave (5) Builds Steam In a recent update, market analyst LSplayQ pointed out that Bitcoin is steadily climbing within a clearly defined rising channel, with the price now trading close to $118,000. This structured upward movement signals strong market confidence, with buyers consistently stepping in at higher levels to support the trend. Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High The analysis ties this momentum to an unfolding Elliott Wave formation, where Wave (5) is currently in play. The previous waves have displayed a clean pattern of higher highs and higher lows—a signature of impulsive bullish behavior. This suggests that Bitcoin’s price action is not random but follows a predictable rhythm often seen during strong uptrends. With Wave (5) potentially in progress, LSplayQ believes that Bitcoin could soon challenge the upper boundary of its rising channel. If this plays out as expected, the next target zone could be around the $140,000 region, a level that aligns with the broader technical projection of this ongoing wave structure. A breakout above the rising channel could spark even more aggressive upside, while any signs of weakness near these resistance levels might indicate a short-term pullback. However, the bullish setup remains intact for now as Wave (5) continues to unfold with precision. Institutional Buys Push Forward, But Technicals Urge Patience With institutions like Strategy continuing to accumulate, LSplayQ suggests that Bitcoin still has room to push higher. The growing interest from large-scale investors adds weight to the ongoing bullish momentum, further fueling optimism for an extended rally. Related Reading: Bitcoin Price Eyes $123K Explosion—Traders Brace for Breakout However, there are signs that the market may be nearing a temporary exhaustion point. The Relative Strength Index (RSI) is edging toward overbought territory, hinting at a potential cooling-off period. This doesn’t necessarily signal the end of the trend but could open the door for a short-term correction. Should a pullback occur, traders will likely shift their focus to key support zones. According to LSplayQ, the $99,531 level stands out as a critical area where buyers may step in to defend the uptrend. Holding above that threshold could set the stage for the next leg upward once the consolidation phase concludes. Featured image from Pixabay, chart from Tradingview.com
One of the trends that I’m keeping an eye on is the growing availability of bitcoin-backed loans. Let’s check in on the sector real quick.
SharePoint’s cloud-based platform remains unaffected, with the vulnerabilities limited to on-premises installations, Microsoft said.
The proposed crypto regulations could enhance U.S. competitiveness by reducing regulatory uncertainty and fostering domestic innovation.
The post Cynthia Lummis and Senate Republicans push new crypto rules to expand CLARITY Act appeared first on Crypto Briefing.
Republican leaders on the Senate Banking Committee said the legislation “built on” the CLARITY Act passed in the House of Representatives last week.
Jesse Powell is no longer under investigation for alleged hacking tied to a nonprofit he co-founded.