US Democratic lawmakers, led by House members Maxine Waters and Stephen Lynch, announced on July 11 that next week will be designated “Anti-Crypto Corruption Week.” The initiative aims to unite Democrats in opposing several pro-crypto bills that are currently under consideration in Congress, including the GENIUS Act, the CLARITY Act, and a proposed law aimed […]
The post Democrats declare ‘Anti-Crypto Corruption Week’ to counter GOP crypto bills appeared first on CryptoSlate.
The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.
While Elon Musk's $300 “Heavy” model puts up record-breaking benchmark scores, the basic Grok 4 struggles to keep up with competitors.
The rapid sell-out and price surge of PUMP tokens highlight strong investor interest, potentially boosting confidence in meme coin markets.
The post Pump.fun secures $500M in public sale; PUMP token jumps in pre-market trading appeared first on Crypto Briefing.
In the past week, Bitcoin has grabbed the major headlines as prices surge to a new all-time high of $118,856 following a market gain of 9.77%. In remarkable fashion, the premier cryptocurrency added an estimated $10,000 to its market value increasing its market cap to a solid $2.34 trillion. Interestingly, recent on-chain data suggest there may be more tailwind ahead backing Bitcoin’s ability to explore new price territory. Related Reading: Bitcoin Breaks $118,000—But Liquidity Still Thin, Glassnode Warns STH SOPR Sits At 1.02, Suggests Market Not Overheating In a recent quicktake post on CryptoQuant, a market analyst with username CryptoMe has shared some compelling insights on Bitcoin’s price trajectory amidst current market euphoria. As earlier stated, the flagship cryptocurrency experienced a significant price gain to brush nearly against the $120,000 mark. Despite this rise, CryptoMe notes that short-term holders’ spent output profit ratio (STH SOPR) indicates that this class of investors are yet to engage in significant profit-taking. For context, The STH-SOPR measures the ratio of realized profits or losses by investors who’ve held BTC for less than 155 days. A STH-SOPR reading above 1.0 indicates that BTC are being sold at a profit, while values below 1.0 indicate losses. Based on the chart below, sharp increases in this on-chain metric especially into the 1.05-1.20+ range (red zone) have correlated with profit-taking phases and can often precede local tops. However, the STH-SOPR currently sits at 1.02, suggesting that although some short-term holders are in profit, no aggressive market distribution has commenced. This development is particularly bullish considering the STH realized price is presently at $100,000 indicating these investors are 17%-18% in profit and are opting to hold for further price gains. Meanwhile, the analyst notes that this present on-chain situation aligns with the broader sentiment in the derivatives market. Open Interest is climbing, signaling growing participation, but funding rates remain neutral to slightly positive. This lack of extreme funding imbalances suggests that traders are not flooding the market with overleveraged long positions due to FOMO. CryptoMe explains that all these factors indicate the Bitcoin market is far from overheating and there is still potential for more growth ahead. Related Reading: Bitcoin MVRV Oscillator Predicts First Sell Pressure Level At $130,900 – Details BTC Price Overview At the time of writing, Bitcoin is trading at $117,840 indicating a 3.40% in the past day but a slight 0.82% decline from the present all-time high. Meanwhile, the asset’s daily trading volume is up by 96.53% indicating a strong market activity behind the ongoing rally backing the potential for a continuation. Featured image from Pexels, chart from Tradingview
DV8 Public Company Limited, a publicly listed firm in Thailand looking to reinvent itself as a Bitcoin Treasury firm, has appointed Thai business magnate Chatchaval Jiaravanon as its new Chairman, according to a July 11 statement shared with CryptoSlate. Jiaravanon, best known internationally for acquiring Fortune Magazine in 2018, is part of Thailand’s influential Charoen […]
The post Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking appeared first on CryptoSlate.
The move also lifted the floor price of Pudgy Penguin NFTs and increased volume by nearly 690%.
Asia’s regulatory frameworks in tokenization are attracting global investors, with Japan and Hong Kong setting the pace for real-world asset adoption.
The XLM price has made a strong comeback in July, as the crypto registered a 75% surge over the past week and 86% in the past two weeks, outperforming many top assets in the sector. With ecosystem upgrades pending voting, rising institutional interest, and experts being very optimistic, the project is very attractive. Even experts …
Ripple’s native token, XRP, has just climbed to the third spot in the global crypto rankings, sitting right behind Bitcoin and Ethereum, with its market cap reaching $164.29 billion. At the same time, popular crypto influencer Alex Cobb has made a bold prediction, saying XRP could hit $22.54 by December 2025. But what makes him …
Major coins traded tentatively as Trump escalated trade tensions.
The first half of 2025 has been eventful for crypto. Bitcoin (BTC) price climbed around 24% during the first six months while Ethereum (ETH) lost nearly 12% of its value. With President Donald Trump taking office in January, the U.S. approach to cryptocurrencies has shifted significantly. Several lawsuits against crypto firms initiated during the Biden […]
The post What the second half of 2025 holds for Bitcoin and the crypto market appeared first on CryptoSlate.
Crypto analyst TradingShot has drawn attention to a bullish pattern for Dogecoin, indicating that a significant price surge is on the horizon. The analyst suggested that this could be the final leg up for the foremost meme coin and advised market participants not to miss it. Dogecoin Eyes Parabolic Rally With Megaphone Pattern In a TradingView post, TradingShot predicted that Dogecoin could rally to as high as $1.25. He noted that the meme coin has been trading in a bullish Megaphone pattern within a channel up. The analyst added that the recent rebound on June 16 on the weekly MA200 is a higher low at the bottom of both patterns. Related Reading: Machine Learning Algorithm Predicts Dogecoin Price To Jump Double-Digits To $0.2 With the 1-week Relative Strength Index (RSI) also rebounding on its long-term support zone, TradingShot declared that Dogecoin is most likely at the start of a new bullish leg. He noted that this could be the final rally that will shape this cycle’s top. Meanwhile, the analyst claimed that DOGE is targeting $1.25 because the previous two bullish legs peaked on the 3.618 Fibonacci extension of the last decline. He told market participants that they can settle for $0.8 if they wish to pursue a target within the Channel up. A rally to both $0.8 and $1.25 would mark new all-time highs (ATHs) for Dogecoin, whose current ATH is at $0.73. His accompanying chart showed that DOGE could reach these targets in the first half of next year. Dogecoin is expected to maintain a steady climb from now till then as it reaches those targets. The meme coin has already begun another uptrend following Bitcoin’s rally to a new ATH. DOGE has again reclaimed the $ 0.20 psychological price level and could potentially reach its last local high at around $0.26. DOGE Against Its Bitcoin Pair In an X post, crypto analyst Kevin Capital stated that the DOGE/BTC chart is sitting in a historical zone of support with the monthly time frame indicators fully reset. The analyst indicated that this was possibly the best setup for Dogecoin, one that could spark a massive run for the meme coin. Related Reading: Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline Meanwhile, crypto analyst Trader Tardigrade stated that the Dogecoin-to-Bitcoin chart might show a God candle this month. This God candle could spark a DOGE season, when the meme coin is expected to outperform the flagship crypto. The analyst’s accompanying chart showed that DOGE could rally to as high as $9 during this period. Meanwhile, he highlighted the $0.2 support level as being crucial for this lift-off for the meme coin. At the time of writing, the Dogecoin price is trading at around $0.2, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Binance co-founder and former CEO Changpeng “CZ” Zhao is threatening legal action against Bloomberg over a report linking him to a stablecoin tied to U.S. President Donald Trump. In a post on X, CZ slammed the article as a “hit piece sponsored by a competitor,” claiming it was filled with “so many factual errors” that …
On Friday, the top Democrat on the House Financial Committee, Congresswoman Maxine Waters, declared that next week will be “Anti-Crypto Corruption Week.” This bill aims to prevent US President Donald Trump’s corrupt cryptocurrency ventures. It is presented in response to slam the “crypto week’s” initiative of the GENIUS Act, the CLARITY Act, and the Anti-CBDC …
With the bitcoin price reaching a new all-time high earlier this week, crypto industry leaders and analysts are starting to expect a lot more from BTC in 2025.
The administrator of BlockFi, a cryptocurrency financial services company, has settled a $35 million crypto asset transfer lawsuit with the US Department of Justice (DOJ). According to Bloomberg, the agreement was approved on Friday by New Jersey Bankruptcy Court Judge Michael B. Kaplan, clarifying judicial boundaries in crypto asset seizures. BlockFi Settlement with the US …
The crypto market is showing strong signs of life beyond Bitcoin. Futures Open Interest (OI)—a key metric reflecting the number of outstanding derivative contracts—has surged for several top altcoins. XRP, Ethereum (ETH), and Solana (SOL) are seeing a sharp rise in leveraged positions, with OI across these tokens nearing or surpassing the $1 billion mark. …
Spot Ethereum ETFs also reached a new high in cumulative total net inflows, as Wall Street's crypto funds grow larger than ever.
The U.S. Securities and Exchange Commission (SEC) has filed civil charges and sought an emergency asset freeze against First Liberty Building & Loan, LLC, a lending institution based in Newnan, Georgia, and its founder and owner, Edwin Brant Frost IV. The SEC alleges that the firm and its owner orchestrated a Ponzi scheme that defrauded […]
The post SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme appeared first on CryptoSlate.
In line with a bullish trading week, Sui (SUI) prices soared by over 20% reaching a local peak of $3.54 before experiencing a slight retracement. The prominent altcoin, which is tipped to be a major player in a potential altseason, has maintained a remarkable price performance in the present market cycle rising by 352.04% in the last year alone. Based on technical indicators, renowned market analyst Ted Pillows postulates SUI may be gearing up for parabolic rally following recent market gains. Related Reading: Ethereum Price Breaks Through 50EMA After Rejection, ETH Dominance Sees Resurgence SUI Market Structure Signals Potential Breakout In an X post on July 11, Ted Pillows shares an insightful price analysis on the SUI market identifying a series of technical signals that precedes explosive market gains. These include a well-defined price movement within a well-defined ascending channel on the weekly timeframe, combined with an imminent bullish MACD crossover. In analyzing the ascending price channel, SUI has shown a strict adherence to both resistance and support zones. Notably, a healthy correction from its previous highs near $5.00 resulted in the altcoin finding support around $2.50 before initiating another rebound. As the altcoin presently consolidates, historical data indicates a potential return to the channel upper’s boundary between $10.50 and $13.00. However, the major strength in Pillows’ bullish thesis is the MACD setup that shows an impending bullish crossover i.e. when the MACD line (white) crosses above the signal line (orange), often interpreted by traders as an early sign of trend reversal or strengthening bullish momentum. Historically, the last time a decisive bullish MACD cross occurred on the weekly chart, it induced a six-month rally that delivered over 400% in gains. Going by this precedent, SUI bulls may be eying a potential price target of $13.76 by end of 2025. Related Reading: SUI Explodes Higher, Climbing Above 20-Day MA — But Can The Rally Hold? SUI Market Overview At the time of writing, SUI trades at $3.42 reflecting a 1.16% decline in the past 24 hours. Meanwhile, the market trading volume is up by 17.68% and valued at $1.95 billion. On a monthly scale, SUI has recorded a marginal loss of 0.11%, suggesting that bearish forces still maintain a subtle grip on the market. Nevertheless, data from CoinMarketCap shows the Sui community remains bullish on the altcoin’s future. Contributors to this market optimism includes the potential of SUI spot ETF following applications by prominent asset managers such as Grayscale, Canary Capital and 21 Shares. Meanwhile, the potential of an altseason remains valid amidst continuous speculations by market analysts. As earlier stated, SUI’s strong price history and growing recognition places the cryptocurrency as a major frontrunner in any altcoin market run. Featured image from Nairametrics, chart from Tradingview
After years of waiting, Pi Network has come a long way, but the journey isn’t over yet. While the foundation is mostly complete, the ecosystem still isn’t ready to fully support large-scale DApp use or economic activity. At the same time, many users are frustrated by delays in KYC approvals, migrations, and promised rewards. Meanwhile, …
It’s been a packed week in crypto. Ripple grabbed headlines again, Ethereum got a corporate boost, and the Fed may be facing a shake-up of its own. It’s a mix of regulation, big money, and even bigger signals about where the market could be headed. Here are the top stories you need to know. #1 …
Ethereum has finally broken above the key $2,850 resistance level, jumping 15% this week to trade around $2,955. The move has stirred fresh excitement across the altcoin market, with rising trading volume hinting that a new altseason might be underway – a period where altcoins outperform Bitcoin and deliver bigger gains. With Ethereum reclaiming major …
Binance co-founder CZ has dismissed a Bloomberg report linking him to the Trump-backed USD1 stablecoin, threatening legal action over alleged defamation.
As the cryptocurrency market gains upward momentum, investors are looking for altcoins that can deliver exponential returns. With the bull market stepping into its next phase, certain tokens are beginning to show the kind of technical strength, narrative momentum, and community backing that precedes major rallies. Among them, three altcoins, Virtuals Protocol, Ethena, and Dogwifhat, …
The Bitcoin price is once again the talk of the financial world as it pushed to $118K new ATH, piercing through key resistance levels, supported by strong on-chain metrics, institutional appetite, and renewed investors’ bullish sentiment. With prices now hovering near record highs, still, analysts are eyeing more gains towards the $135 target. It seems …
XRP is back in the spotlight this week after a strong rally pushed its price to $2.77, up more than 7% in the last 24 hours. The token briefly touched $2.96 earlier today, its highest level in four months and now, market watchers say the next big move may come fast. “Don’t be surprised if …
Something interesting is happening on Binance right now. Big whales are quietly moving large amounts of coins like LINK, ETH, DOGE, SHIB, and AAVE out of the exchange. This means they are buying and putting them into safe wallets, a sign they plan to hold for bigger gains. Does this mean that the altcoin rally …
The United States is entering a pivotal Crypto Week from July 14 to 18, which could reshape global leadership in digital assets. With three major bills under review and political tensions rising, this moment may define how the country approaches stablecoins, crypto regulation, and CBDCs. U.S. Could Become the Global Crypto Capital Bo Hines, Director …