More than $1 billion in Bitcoin short positions are at risk of liquidation just above the $120,000 mark. Recent data shows a dense cluster of leveraged shorts between $119,500 and $121,000 across major exchanges—if Bitcoin’s price breaks this resistance, it could trigger forced buybacks exceeding $1.1 billion, fueling a rapid price surge. Analysts highlight $120,000 …
BitMine's share repurchase could strengthen its market position, influence Ethereum's ecosystem, and impact investor confidence in crypto.
The post Peter Thiel-backed Ethereum treasury firm BitMine to repurchase up to $1 billion in shares following board approval appeared first on Crypto Briefing.
U.S. dollar stablecoins will cement their dominance unless alternatives like the digital euro arise, an adviser to the European Central Bank said.
The company's CEO Yoni Assia cited regulatory milestones as helping to pave the way for new tokenized offerings.
BTC's Bollinger bands are now at their tightest since February.
According to market analyst Common Sense Crypto, a $1,000 bet on XRP today could turn into between $10,000 and $50,000 during this cycle. Related Reading: $120K Bitcoin In Sight: 90-Day US–China Tariff Truce Fuels Market Optimism He pointed out that the same stake in Bitcoin would likely top out at around $1,300–$1,500. That claim has caught the eye of many investors who are weighing where to put their crypto dollars. Strong ROI Comparison Common Sense Crypto ran the numbers. At XRP’s current price of $3.18, a $1,000 buy-in nets roughly 315 tokens. To hit $10k, each XRP would need to trade at $31.80. If XRP somehow climbed to $160, that small stake would swell to $50k. By contrast, a $1k purchase of Bitcoin at $120,000 today would only need BTC to rise to about $154k–$178k to yield the same $1,300–$1,500 returns. Here’s a quick fact to ponder, if you put $1,000 into $xrp today you will most likely end up with at least $10,000 – $50,000 in this cycle, if you put the same $1,000 into $btc you will most like only end up with $1300 – $1500. ROI (return on investment) is more important than… — Common Sense Crypto (@TheCSCrypto) July 12, 2025 Those are gains in the 30–50% range. This puts XRP’s upside in a very different league when viewed purely as percentages. Still, size matters. XRP’s market cap sits near $188 billion. Bitcoin’s floats around $2.37 trillion. To push XRP to $159, its valuation would need to balloon to roughly $9.5 trillion—nearly four times Bitcoin’s current size. That would require massive new inflows and adoption on a scale we’ve never seen in crypto. XRP Tops $3; CEO Sets Sights On 14% Of SWIFT Ripple’s XRP finally breached the long-awaited $3 mark after US President Donald Trump announced a new US strategic crypto reserve, including XRP and other digital assets. As one of the most traded cryptocurrencies, XRP enjoys high daily trading volumes, ensuring price stability and ease of entry for institutional investors. Ripple’s chief executive, Brad Garlinghouse, predicts that within five years, Ripple will handle about 14% of SWIFT’s worldwide cross‑border transaction flows. Related Reading: Countdown To August 15: What XRP Investors Need To Know Past Cycle Performance Other voices have made similar points. In June, Edoardo Farina of Alpha Lions Academy noted that between November 2024 and January 2025, XRP jumped from $0.50 to $3.40. That’s a 7x return in just two months. Bitcoin, in that same window, climbed from $68k to $112k, a 60% gain. Farina calculated that $50k in XRP would have grown to $340k while the same investment in Bitcoin would have become about $82,352. The XRP 50x Challenge XRP’s promise of turning $1,000 into as much as $50,000 is eye‑catching. Its past leap from $0.50 to $3.40 in just two months shows what’s possible. But growing its market cap from $188 billion to $9.5 trillion means a tidal wave of new money and clear legal rules. Featured image from Meta, chart from TradingView
Linea’s updated roadmap introduces ETH-native staking on bridged assets, a protocol-level ETH burn mechanism, and the allocation of 85% of its token supply to ecosystem development.
Leading Bitcoin mining ASIC manufacturer Bitmain is set to open its first US-based production facility by early 2026 amid a broader industry shift to the US.
Sen. Cynthia Lummis introduced a bill that would put into law an order from a U.S. housing agency to evaluate cryptocurrency.
Rakbank became the first traditional bank in the UAE to enable crypto trading for retail users through its mobile app, powered by Bitpanda.
The Nasdaq-listed firm funded the acquisition by its $5 billion standing equity line of credit facility.
The US government aims to claim 20.2 BTC, worth about $2.4 million, seized by the Dallas FBI from the Chaos ransomware group. If successful, these bitcoins will be added to the United States’ Strategic Bitcoin Reserve, a national asset fund created in 2025 that holds forfeited bitcoin as a long-term store of value. This reserve …
Corporate treasuries have bought 1% of all ether in circulation since the beginning of June, the report said.
RAKBANK, holding AED 88.3 billion in assets, has become the first conventional bank in the UAE to offer Bitcoin and cryptocurrency trading services to retail customers. This move marks a significant step in bringing digital assets into mainstream banking. By allowing everyday customers to trade crypto directly through its platform, RAKBANK is making digital currency …
Oliver Michel, the CEO of Tokentus Investment AG, has expressed his confidence in XRP. He said that it could become the “world’s reserve currency” to facilitate fast and low-cost cross-border payments. Michel also discussed Ripple’s role in evolving as a global finance system. Can XRP Emerge as “World Reserve Currency”? As the demand for more …
The OMNI Network coin (OMNI) price is on a wild ride, rising over 100% in just one day and a massive 250% in a single week. Currently trading near $5.42, OMNI has suddenly grabbed the attention of crypto traders around the world. But what exactly is fueling this explosive rally? Let’s break down. Upbit Exchange …
On the community’s official Discord, a representative stated the service is functioning again and that the issue is under investigation.
Cathie Wood's investment firm added a total of 529,366 BMNR shares to its Innovation and Next Generations Internet ETFs
Your day-ahead look for July 29, 2025
That will bring the Tether, Softbank, and Cantor Fitzgerald joint venture's total holdings to over 43,500 bitcoin.
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has publicly denied reports suggesting the company is in acquisition talks with US-based crypto platform Coinbase. The speculation emerged after a Livemint report claimed that negotiations were underway between the two crypto trading platforms. However, Gupta quickly dismissed the claims in a July 29 post on X […]
The post CoinDCX quashes Coinbase buyout rumors following cyber heist appeared first on CryptoSlate.
After months of silence, slow progress, and a frustrated community, many seem to have given up on the Pi Network. But crypto analyst Dr. Altcoin is defending the project from collapse under its own weight. Here’s what he has to say. Doubts Grew After Missed Deadline Pi Network has been under fire for delays especially …
Blockchain analytics firm Bubblemaps flagged Rugproof for suspicious token activity, alleging a deceptive launch structure mimicking a rug pull setup.
The U.S. Department of Justice has filed a civil complaint to seize 20.2 Bitcoin (worth $2.4 million) linked to a member of the Chaos ransomware group—a cybercrime network known for encrypting and leaking sensitive data for ransom. The group is suspected to be a rebranding of Blacksuit. United States files a civil complaint in the …
With the Ethereum price experiencing a decline on Monday amid a broader market correction, the altcoin continues to shine with one of its best performances in July to date. Over the past thirty days, the Ethereum price has surged by an impressive 80%, marking a significant recovery after a long period of consolidation and retest of lower levels that saw minimal bullish activity. Ethereum Price Poised For Breakout While other major digital assets like Bitcoin (BTC) and XRP have reported gains of 10% and 40%, respectively on the monthly time frame, the recent Ethereum price resurgence is particularly notable. Crypto analyst Lark Davis recently took to the social media platform X (formerly Twitter) to assert that Ethereum is on the verge of breaking the $4,000 mark, indicating that momentum is building rapidly. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? Despite its recent gains, Ethereum remains approximately 25% shy of its peak from the 2021 cycle. Historically, Bitcoin dominance has played a crucial role in determining the Ethereum price trajectory. The analyst observed that for the Ethereum price to reach its peak, Bitcoin’s dominance needs to dip to around 40%. Currently, Bitcoin’s dominance is in a downtrend at 61%, and the last time it fell to similar levels, ETH rallied over 200%. Another analyst, known as JACKIS on X, has made a bold proclamation that Ethereum will likely never trade below $3,000 again, suggesting that any such decline would indicate a catastrophic failure of the asset. However, JACKIS acknowledges that a temporary correction down to around $3,400 is still plausible given Ethereum’s proximity to the $4,000 threshold. Wall Street Sees $60,000 Implied Value Adding to the bullish sentiment surrounding ETH’s momentum, the network’s potential has been emphasized by BitMine, a company involved in Bitcoin and Ethereum mining. In a recent social media thread, BitMine highlighted that many on Wall Street view Ethereum as the most significant macro trade for the next decade. Tom Lee, the chair of BitMine, referred to stablecoins as the “ChatGPT moment” for the cryptocurrency space, projecting that stablecoin market capitalization could soar to $4 trillion—a tenfold increase. Notably, over 60% of these stablecoins are based on the Ethereum network, boosting demand for the token. Moreover, Wall Street is increasingly exploring ways to tokenize assets on the Ethereum blockchain, further driving interest and investment in the platform. Related Reading: Asia’s Bitcoin Giant Metaplanet Adds 780 BTC In Massive Crypto Bet BitMine referenced a research titled “The Bull Case For ETH,” which posits that the long-term value of Ethereum could reach an astonishing $704,000, representing an extraordinary 18,000% increase from current levels. To contextualize this valuation, BitMine consulted several research firms to estimate the “replacement” value of Ethereum in relation to Wall Street’s activities. While this figure is intended for illustrative purposes, the implied value for Ethereum has been suggested to be around $60,000. When writing, ETH price trades approximately at $3,766. Featured image from DALL-E, chart from TradingView.com
The Shiba Inu community just pulled off a massive move, burning more than 600 million SHIB tokens in a single day. The burn rate shot up by over 16,700%, making headlines across the crypto world. But despite this massive supply cut, the SHIB price still fell by around 5%. So, what’s going on behind the …
Ethereum is catching up fast due to rising interest from institutions building up ETH treasuries. Over the past three months, the world’s second-largest cryptocurrency has surged over 105% to around $3,800, far outpacing the modest gains of its rivals. “We’re witnessing institutional FOMO – big players rushing in ahead of potential ETF approvals,” wrote crypto …
Stablecoin search interest reached an all-time high this month, days before the White House signed the GENIUS Act into law. New Google Trends data shows that search activity for “stablecoins” peaked globally just as U.S. policymakers finalized a federal framework for payment stablecoins, the first of its kind in the country. Interest in the term […]
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The crypto market is cooling off slightly today, with the Bitcoin price slipping below $119,000 and Ethereum hovering just under $3,800. Despite this dip, analysts believe this may just be the calm before the next big breakout, and a potential altcoin season could be right around the corner. Ethereum and Altcoins Could Outperform Soon Top …
Over a week ago, roughly 167,000 ETH worth over $630 million was withdrawn from the Aave lending pool flipping a popular staking strategy negative.