Two of China’s biggest tech firms, JD.com and Alibaba’s Ant Group, are urging the country’s central bank to allow a yuan-based stablecoin to launch in Hong Kong, sources told Reuters. The goal? Push back against the rising dominance of U.S. dollar stablecoins like USDT and bring the Chinese yuan into the digital payments race. Things …
Popular web browsers Google Chrome and Mozilla Firefox are facing serious security threats. While Chrome is being targeted through a dangerous zero-day vulnerability, Firefox users are under attack from a slew of harmful browser extensions. On July 1, cybersecurity experts uncovered a malicious campaign involving 45 fake Firefox extensions designed to steal cryptocurrency wallet details …
Adecoagro said it "plans to use this mining project to initiate certain strategic exposure to Bitcoin in its balance sheet."
Secretary of Power Dr. Fakhray Alam Irfan said that the IMF was concerned about market distortions
Secretary of Power Dr. Fakhray Alam Irfan said that the IMF was concerned about market distortions
The crypto market is witnessing another green day as Bitcoin, Ethereum, and XRP post solid intraday gains. As of July 3, 2025, the global crypto market cap has surged to $3.38 trillion, while 24-hour trading volume jumped 32.15% to $130.34 billion. The Fear & Greed Index reads 54, signaling a neutral market mood, but one …
With U.S. policy finally unlocking growth, Santori sees now as the moment to invest in the convergence of the two worlds.
Cardano News Today – ADA Price ended June 2025 with a steep 16% drop, closing just above $0.50, despite key network upgrades. Even with the launch of the cbETH cross-chain bridge and Coinbase Base Layer-2 integration, Cardano failed to gain bullish momentum. More than $182 million exited ADA markets in June. On-chain data reveals only …
Strategy, the biggest corporate holder of bitcoin led by Michael Saylor, is now facing a class action lawsuit that has been filed against the firm by Top New York-based law firm Pomerantz LLP., case accuses the company of hiding important facts and misleading investors about the profits and risks of its Bitcoin strategy. What The …
Solana’s institutional appeal has surged, with data showing significant growth in both its staking Exchange-Traded Fund (ETF) and Solana CME futures markets. The impressive performance translated into a 5% rise in SOL’s value in the last 24 hours to $155 as of press time, according to CryptoSlate’s data. The REX-Osprey Solana Staking ETF, known as […]
The post Solana’s first staking ETF outpaces XRP and ETH futures in opening day performance appeared first on CryptoSlate.
USDC transactions on BitPay accounted for almost double that of USDT in 2024, but the trend has shifted in favor of Tether this year.
BTC's upswing brought cheer to the broader market, lifting major tokens such as XRP, ETH, SOL and ADA.
BTC's upswing brought cheer to the broader market, lifting major tokens such as XRP, ETH, SOL and ADA.
Federal prosecutors traced and seized $40,000 in crypto from scammers posing as Trump-Vance Inaugural Committee officials.
Ethereum (ETH) has recently experienced a significant resurgence, reaching a three-week high of $2,600 after a notable spike on Wednesday. This uptick comes at a time when a key company is considering ETH as a potential treasury reserve asset, underscoring renewed interest in the cryptocurrency. Forecasting $7,000 Potential Despite being one of the poorer performers among the top ten cryptocurrencies, with a year-to-date decline of 24%, Ethereum’s recent 6% surge has allowed it to outpace competitors, including Bitcoin (BTC), which is close to its all-time high. Crypto analyst Alek Carter has also expressed a bullish outlook on Ethereum (ETH), drawing parallels between the current price patterns and those observed in 2020. Related Reading: Public Firms Snag 131,000 BTC, Surpassing ETFs In Bitcoin Purchases He describes the recent movements in ETH’s chart as reminiscent of the “dead cat bounce” phenomenon—a term used to describe a temporary recovery in price after a significant decline—followed by a final retest before a substantial upward trend. Carter points out that Ethereum underwent a similar trajectory in 2020, where it initially experienced a dip before rebounding sharply to reach a peak of over $3,500. He believes that the recent completion of what he terms the “final retest” suggests that Ethereum is poised for another significant rally. If the current setup mirrors the previous cycle, Carter anticipates that ETH could potentially reach a new high of $7,000. Bullish Sentiment For Ethereum The bullish sentiment surrounding ETH is further reflected in the performance of stocks associated with the cryptocurrency. BitMine, a Bitcoin mining company that recently announced plans to make ETH its primary treasury reserve, saw its stock soar by about 20%, with an increase of over 1,000% since the announcement. Similarly, SharpLink Gaming, which has adopted an ETH treasury strategy, experienced an 11% rise, while Bit Digital, which shifted its focus from Bitcoin mining to Ethereum treasury and staking, gained more than 6%. Moreover, the recent interest in ETH is evident in the performance of Ethereum ETFs, which saw inflows of $40 million on Tuesday, led by BlackRock’s iShares Ethereum Trust. A Experts also highlight that ETH’s smart contract capabilities have established it as a leading platform for the tokenization of traditional assets, including US dollar-pegged stablecoins. The ‘Backbone’ Of Stablecoins? Fundstrat’s Tom Lee characterized Ethereum as “the backbone and architecture” of stablecoins, given that issuers like Tether (USDT) and Circle’s USD Coin (USDC) operate on its network. Additionally, BlackRock’s tokenized money market fund, known as BUIDL, launched on Ethereum last year. Tokenization itself represents a transformative process, allowing digital representations of publicly traded securities and real-world assets to be issued on blockchain networks. While holders of tokenized assets do not possess outright ownership, the mechanism opens up new avenues for investment and asset management. Related Reading: Michael Saylor’s Strategy Set To Yield $14 Billion Profit In Q2, Bloomberg The latest wave of interest in Ethereum and related assets follows Robinhood’s announcement to enable trading of tokenized US stocks and ETFs across Europe. This development comes on the heels of a growing interest in stablecoins, spurred by Circle’s IPO and the Senate’s passage of the GENIUS Act, a proposed stablecoin bill that aims to provide a new framework for these assets to integrate in the broader financial landscape. Featured image from DALL-E, chart from TradingView.com
XRP is back in focus as talks about the approval of an XRP Spot ETF pick up speed. In a recent interview with Thinking Crypto, Bitwise CIO Matt Hougan spoke about the upcoming decisions for XRP and Solana ETFs. He mentioned that the approvals could happen soon, possibly as early as July, with official deadlines …
Crypto fans, are you taking note? Solana just made a bold entry into the U.S. ETF market! The first-ever Solana staking ETF launched by REX Shares under the ticker SSK recorded over $33 million in trading volume on its first day, with $12 million in inflows. That’s more than what we saw with the XRP …
Ethereum (ETH), the second-largest crypto and the backbone of the DeFi ecosystem, is currently trading around $2,599, marking a modest 6.09% rise over the past 24 hours. The latest dip caught the attention of traders and analysts alike, especially as Ethereum recently broke out of a prolonged consolidation range. With renewed interest from institutional players, …
Ethereum (ETH) is showing signs of a potential breakout after a volatile performance over the past year. After plunging 22.7% year-over-year and a steep 45.3% in Q1 2025, Ethereum bounced back with a 36.5% surge in Q2, driven mainly by a strong May return of 41.1%. Now, as Q3 kicks off, ETH is gaining momentum …
The DOJ alleges that scammers posed as the Trump-Vance Inaugural Committee to defraud a donor of a total $250,300 in cryptocurrency.
Pi Coin price is currently trading at $0.49, up 1.8% in the last 24 hours. It has lost 14% in the past week. The next 30 days are pivotal for Pi Network, as a substantial token unlock looms. With market sentiment already fragile after a recent dip, this could either intensify selling pressure or test …
In his latest blog post titled “Quid Pro Stablecoin,” Arthur Hayes delivers a sharp analysis of the current macroeconomic landscape and how it may affect the crypto market. He warns that crypto prices could move sideways—or slightly lower—between now and the Jackson Hole economic symposium in August. Why Hayes Expects a Bitcoin Price Dip Hayes …
Bitcoin price is now trading at $109,236, a level it hasn’t touched in nearly a month. But this isn’t just any price rally. According to top crypto trader Michael van de Poppe, Bitcoin is showing strong momentum that could soon push it past its previous all-time high of $111,970. If this rally holds, a new …
Ethereum (ETH) has surged 7.5% in the daily timeframe to break above a key resistance level for the first time in weeks. Following its breakout, some analysts forecasted that a retest of the range highs could be around the corner. Related Reading: Bitcoin Holds Key Level Amid $108,000 Rejection, But Analysts Suggest Caution This Quarter Ethereum Reclaims Crucial Area On Wednesday, Ethereum jumped over 7% from its local low to the $2,550 mark, setting the stage to reclaim another crucial resistance. The King of Altcoins climbed from the $2,380 support to the $2,585 area, hitting a two-week high. The cryptocurrency has been trading between the $2,400-$2,800 price range since the early May breakout, but briefly lost this area after failing to hold the $2,550 support two weeks ago. After recovering its local range, ETH struggled to break past the $2,500 barrier, trading between the range low and this resistance for a week. Nonetheless, today’s market recovery, which also saw Bitcoin jump to the $109,600 mark, has sparked bullish sentiment among investors. Amid today’s performance, Daan Crypto Trades called ETH’s price action a “nice move out of the local range.” However, he suggested that bulls must hold the $2,520 area to confirm it isn’t another deviation or liquidity grab in a “bigger chop.” To the trader, failing to hold this area would send the cryptocurrency to the range lows again. As a result, the major levels to watch remain the $2,310 support and $2,735 resistance. Market watcher Merlijn The Trader noted that Ethereum has “respected support every single time,” forming “one of the cleanest breakouts we’ve ever seen.” He highlighted a three-month ascending triangle in ETH’s chart, pointing out that the King of Altcoins bounced from the rising support line during the recent price deviation and now targets the next key resistance around the $2,700 mark. Ethereum is charging up. Higher lows, strong base, bullish MACD crossover. A clean break of $2,700… and ETH will fly. $3,000 is just the beginning. The real move comes after that. ETH To Repeat ATH Set Up? Merlijn also affirmed that ETH’s two-year setup is repeating, which could signal that a massive breakout is coming. According to the chart, the Ethereum price has moved in stages that last about two years since 2018. During the first stage, the cryptocurrency’s price forms a base, which later leads to the second stage, where the price rejects and retests the base lows. Lastly, Ethereum experiences the liftoff phase, where the price breaks out to new highs. The last liftoff phase, between 2020 and 2022, saw ETH surge from the $100 mark to its $4,878 all-time high (ATH). To the trader, “This time we start from $1,500. Not a dip. A launchpad.” Similarly, analyst Kaleo pointed out the structural resemblance between ETH’s performance this cycle and last cycle. He noted that, while BTC hit a new ATH in December 2020, Ethereum was 60% down from its previous cycle highs, leading many investors to suggest it was “dead.” Related Reading: Solana Summer Loading? SOL Eyes $180 Following Staked ETF-Fueled Breakout Nonetheless, ETH climbed over 800% from there, outperforming Bitcoin’s 250% increase in the following months. This time, the cryptocurrency has also seen up to a 68% retrace from its previous ATH, while BTC soared to new highs. If history repeats, “The bottom for ETH is in. Up only from here,” the analyst concluded. As of this writing, Ethereum is trading at $2,568, a 6.1% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The International Monetary Fund (IMF) rejected Pakistan’s proposal to offer subsidized electricity rates to crypto mining, data centres, and heavy industries on July 3. Secretary Power Dr. Fakhray Alam Irfan informed the Senate Standing Committee on Power that although surplus electricity is available during winter, the IMF strictly stands against it. Pakistan’s 2,000 MW Crypto …
Vlad Tenev defended Robinhood's new blockchain “stock tokens,” saying they let EU users track OpenAI and SpaceX valuations without granting equity.
AllUnity, a joint venture asset manager between DWS, Flow, Traders, and Galaxy, has announced that it has received a BaFin license in Germany to issue a MiCA-compliant euro-pegged stablecoin, EURAU. This encourages the launch of EURAU with institutional-grade proof reserves and financial reporting, ensuring transparency and reliability. AllUnity Secures BaFin License On July 1, AllUnity …
Ethereum core developer Zak Cole has launched the Ethereum Community Foundation to “do what the [Ethereum Foundation] won’t.”
Franklin Templeton Digital Assets said that the future of corporate crypto treasury strategies is contingent on several critical factors.
A finance industry trade group says tokenized stock offerings shouldn’t get a Securities and Exchange Commission exemption but instead go through the “notice and comment process.”