Binance maintained the largest market share in July with $683 billion in volume, according to The Block's data dashboard.
The cryptocurrency market saw a sharp dip in the last 24 hours, with the global crypto market cap falling by over 2.4% to $3.78 trillion. Top cryptocurrencies like Bitcoin and Ethereum were not spared from the downturn. Bitcoin dropped by more than 2% and is currently trading around $115,957, while Ethereum slipped over 3.6% to …
Momentum indicators remain skewed bearish, though recovering volume profiles suggest some exhaustion in the sell-off.
Figma's IPO success highlights a resurgence in tech IPOs and growing corporate interest in crypto assets, influencing market dynamics.
The post Figma explodes 250% in NYSE debut; Cathie Wood’s ARK grabs 60,000 shares appeared first on Crypto Briefing.
PancakeSwap processed $188 billion in spot trading volume, maintaining its position as the largest decentralized exchange by spot volume.
Strategy (previously MicroStrategy) announced its first profit in six quarters, buoyed by a notable surge in cryptocurrency values during the latest quarter that saw the market’s largest cryptocurrencies,, including Bitcoin (BTC), recover from previous price corrections. This development comes as the crypto firm, the largest corporate holder of Bitcoin, capitalizes on a favorable market environment that saw Bitcoin reached a new all-time high past $123,000 for the first time, following the signing of the GENIUS Act into law by US President Donald Trump earlier this month. Strategy Reports $14 Billion Gain As of June 30, Strategy held an impressive 597,325 BTC, purchased at an average price of $70,982 per coin. With Bitcoin currently trading in a consolidation between $114,000 and $120,000, the company recorded a staggering $14 billion unrealized fair value gain on its digital assets. Related Reading: Trump-Appointed Group Calls For Easier Crypto Regulations From Federal Authorities This marked a stark contrast to the previous year, when the company co-founded by Bitcoin bull Michael Saylor, faced a loss of $102.6 million, or 57 cents per share. For the three months ending June 30, Strategy posted a net profit of $9.97 billion, or $32.60 per share as the company has increasingly ramped up its acquisition efforts through new initiatives this year. ‘Hyper-Growth Phase’ For Bitcoin Historically, the company faced restrictions on recognizing gains from Bitcoin unless it sold the assets; it could only account for losses if the cryptocurrency’s value fell below its purchase price. However, this recent profit signals a shift in its financial strategy, reflecting broader corporate acceptance of cryptocurrencies. Strategy began its Bitcoin accumulation in 2020, initially using cash and later financing its purchases through low-cost convertible bonds and stock sales. The firm is now ranked first among the top 100 public Bitcoin treasury companies. Following it are the mining firm MARA Holdings, XXI, the Bitcoin Standard Treasury Company, and Riot Platforms. Related Reading: Chainlink Acknowledged By The White House As Key Player In Crypto Infrastructure The company’s stock, MSTR, has surged nearly 39% this year, outpacing Bitcoin’s own 25% increase. This momentum has inspired other public companies to adopt similar strategies, emulating the buy-and-hold treasury approach championed by Strategy’s co-founder Michael Saylor. On a recent post-earnings call by the company, Saylor remarked that the digital asset industry is entering a “hyper-growth, hyper-adoption phase” for Bitcoin as a treasury reserve asset. Moreover, several companies are now diversifying their crypto holdings, exploring other tokens like Ethereum (ETH) and utilizing mergers with blank-check companies to integrate crypto assets into their equity structures. Strategy’s stock, which saw a nearly fivefold increase last year, even earned it a place in the Nasdaq 100 index in December. When writing, the market’s leading crypto trades at $115,780, meaning a 6% gap between current prices and its record high. Featured image from DALL-E, chart from TradingView.com
The new vault seeks to put inactive Bitcoin holdings to work using a mix of yield strategies across decentralized, centralized and traditional finance.
The price of XRP has dropped by over 3% and is currently trading around $3.01. This brings the token dangerously close to falling below the crucial $3 support level, a price point that has held strong for quite some time. If it breaks below, it could signal more downside in the short term. Weekly Chart …
Strategy CEO Phong Le says the market still misunderstands and undervalues its Bitcoin play, as it posted $10 billion profit in the second quarter and plans to raise $4.2 billion to buy more.
Bitcoin (BTC) dropped to $115,200, erasing some of its recent gains but still maintaining a relatively stable posture compared to other majors. Its dominance rose slightly as altcoins bore the brunt of the correction.
After hitting a new low two days ago, Pump.fun (PUMP) has jumped nearly 30% to a key resistance level. As the token attempts to reclaim this area, an analyst suggested that the bottom may be in, and a recovery rally is underway. Related Reading: Ethereum Celebrates 10 Years: Coinbase CEO Shares Vitalik Buterin Anecdote As ETH Eyes $4,000 PUMP Sees Rollercoaster Price Action On Thursday, Pump.fun retested a crucial level after its recent struggles. The token has been making the headlines for its constant bleeding, hitting new all-time lows (ATLs) over the past week. Notably, PUMP launched on July 14 and surged 70% from its Initial Coin Offering (ICO) price of $0.0040, hitting its all-time high (ATH) of $0.0068 two days later. However, selling pressure from large-scale investors and disappointing updates about the highly anticipated token airdrop halted the fun. Just a week after its launch, Pump.fun’s token fell below its ICO price and continued to nosedive below the $0.0030 mark over the following days. The cryptocurrency hit an ATL of $0.0028 last Thursday after the platform’s co-founder, Alon Cohen, stated that the PUMP airdrop would not be taking place soon. Since then, the token has dropped even further, hitting a new low of $0.0022 on July 29, nearly a 70% drop from the ATH. Nonetheless, PUMP has also been ranging between the $0.0024-$0.0029 area during the past week, attempting to break above this range three times. Over the past two days, Pump.fun has surged nearly 30% from the lows, breaking above the $0.0030 resistance for the first time in a week. The token surged 12% on Thursday to hit a weekly high of $0.0032 before retracing toward the $0.0027-$0.0029 area. Crypto analyst Altcoin Sherpa highlighted the recent price action, suggesting that PUMP has shown “some great strong moves lately” and a breakout and “hated rally” could be coming soon. He previously forecasted that the bottom would happen “relatively soon,” and it would likely be followed by “some sort of giga crime pump.” Pump.Fun Buybacks To Fuel The Recovery? The recent recovery appears to be partially driven by the platform’s buyback program and whales’ renewed interest in the token. Notably, a large-scale investor that previously lost $125,000 on PUMP purchased $3.16 million worth of tokens on Thursday. Lookonchain shared that a whale spent 17,542 SOL to buy $1.06B of $PUMP at $0.00297. Meanwhile, a community member noted that “PumpFun has pivoted to what seems to be 100% token buybacks. 98% of yesterday’s PumpFun / PumpSwap revenue went to buying PUMP today.” Similarly, On-chain sleuth EmberCNB detailed that Pump.fun transferred 12,000 SOL, around $2.16 million, to its buyback address on July 30. It’s worth noting that the memecoin launchpad started a repurchase initiative on July 16, when the token hit its ATH. Related Reading: Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’? According to the report, Pump.fun initially transferred 187,770 SOL, approximately $30.53 million, from its fee wallet to the buyback address. Since then, the platform has repurchased 3.828 billion PUMP tokens for 129,100 SOL, valued at $21.5 million. Nonetheless, an X user expressed concerns about the initiative, affirming that “it is erratic.” To the community member, the inconsistent buybacks are “not a good look (…) first day 10m (way above their revenue), then stop, then 1m, then stop, now 100%, they are just playing to see what gets the attention, then stop buybacks altogether.” As of this writing, PUMP is trading at $0.0027, a 7% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Solv Protocol has launched BTC+, an automated vault for generating yield on bitcoin holdings, offering a base yield of 4.5% to 5.5%.
CryptoQuant data shows a $6–8B profit-taking spike in July as new whales offload BTC near highs. Trump's renewed tariff measures, announced Thursday, deepen the consolidation phase.
The controversy over Quintenz's nomination highlights the tension between regulatory policies and political agendas, impacting future crypto regulations.
The post Tyler Winklevoss warns Trump team that Brian Quintenz is unfit to lead the CFTC appeared first on Crypto Briefing.
The previous 19-day streak brought in $1.37 billion, while this 20-day inflow run saw nearly $5.4 billion in total inflows.
On-chain analytics firm CryptoQuant has highlighted six indicators that could point to growing momentum in the altcoin market. These Altcoin Metrics Are Observing Positive Developments In a new thread on X, CryptoQuant has discussed about how the altcoins have been heating up since Bitcoin’s breakout to the new all-time high (ATH) in mid-July. Related Reading: PENGU Down 11%, But These TA Signals Could Point To Rebound At the forefront of this alt push has been Ethereum, the cryptocurrency second only to Bitcoin in terms of market cap. Since BTC’s high, ETH has broken out above the $3,000 level and has neared $4,000. The coin is still a distance away from its ATH of $4,800, but it’s getting closer. The hype around the cryptocurrency has been accompanied by major buys from Sharplink, the Strategy equivalent of ETH. the firm currently owns around 438,190 tokens of the asset. Since the altcoin rally has begun, BTC has only shown sideways action. A natural consequence of this has been that the number one digital asset has lost market dominance. As is usually the case, the bullish momentum in the market has brought in speculative interest from the investors. From the below chart, it’s apparent that the futures volume associated with Ethereum and the altcoins has seen a strong surge. The combined futures trading volume of the altcoin sector has recently hit the $223.6 billion mark, which is the highest level in five months. While attention has poured into the alts, it has shifted away from BTC. “Altcoins and ETH now make up 83% of total futures volume, with Bitcoin accounting for just 17%,” notes the analytics firm. Earlier in the year, BTC was sitting at a peak futures volume dominance of more than 50%. Most of the 424 futures pairs on cryptocurrency exchange Binance have seen a positive percentage change since BTC’s ATH. The final metric shared by CryptoQuant is the Bitcoin Retail Investor Demand. It measures, as its name suggests, the amount of demand for the asset that exists among the retail cohort. Related Reading: $141,000 Could Be Next Key Bitcoin Resistance If Price Breaks Higher, Report Says Since these holders tend to have relatively small holdings, the indicator uses the transaction volume associated with transfers valued at less than $10,000 as a proxy for the activity among them. As displayed in the above graph, the 30-day change of the Bitcoin Retail Investor Demand has turned positive recently, which suggests small hands are showing interest in the market. The analytics firm describes the trend as a “signal we’ve seen before major rallies on both Bitcoin and Altcoins.” ETH Price At the time of writing, Ethereum is floating around $3,770, up around 2% over the last 24 hours. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
PeckShield estimates that losses from crypto hacks reached $142 million in July, marking a 27.2% increase from the previous month.
Bitcoin's all-time high monthly close despite notable whale movements in July shows its resilience, one analyst told The Block.
Bitcoin (BTC) continues to face resistance just under the $120,000 mark, struggling to build enough momentum for a breakout. Over the past 24 hours, the cryptocurrency has remained in a tight trading range above $118,000, representing a slight decline of nearly 4% from its most recent all-time high. Despite the lack of upward movement, analysts suggest that Bitcoin may be entering a phase of energy consolidation rather than signaling an imminent downturn. According to data from CryptoQuant, two separate market analysts have shared their perspectives on BTC’s current cycle, focusing on long-term valuation metrics and investor activity patterns that could influence the next significant price movement. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle Bitcoin MVRV Ratio Signals Potential Upside Momentum CryptoQuant contributor CoinCare highlighted the role of the Market Value to Realized Value (MVRV) ratio in assessing Bitcoin’s position in its current market cycle. The MVRV ratio measures whether BTC is trading above or below its perceived fair value, with readings below 1 often marking market bottoms and readings above 3.7 typically associated with market peaks. In a recent post titled “The MVRV Indicator is Converging Toward Its 365-Day Moving Average. What Comes Next”, CoinCare explained that Bitcoin’s MVRV is currently at 2.2, gradually moving closer to its 365-day moving average. “Historically, when the MVRV ratio converges toward its long-term average, it tends to rebound and move toward overvalued territory, often accompanying price growth,” the analyst noted. Based on historical patterns, CoinCare expects BTC to continue consolidating before attempting another upward push, potentially retesting overvaluation levels if buying activity strengthens. New Investor Activity Indicates Healthy Late Bull Cycle A separate analysis from another CryptoQuant analyst, AxelAdlerJr, examined Bitcoin’s market structure based on investor dominance metrics. The data showed that new investor dominance currently sits at 30%, significantly below levels that previously indicated overheated market conditions, which reached 64% and 72% during local price peaks in March and December 2024, respectively. According to AxelAdlerJr, the steady increase in activity from new market participants since July 2024 suggests that fresh liquidity is entering the market, supporting ongoing bullish sentiment. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? At the same time, long-term holders are selling moderately, with a coefficient of 0.3, meaning that the supply from coins held for three years or more is being absorbed without triggering sharp market corrections. “This dynamic indicates that while new buyers are active, there is still space before the market reaches euphoric levels, which typically occur when new investor dominance exceeds 60-70%,” the analyst stated. Featured image created with DALL-E, Chart from TradingView
The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine. As journalist Matthew Russell Lee […]
The post Samourai Wallet founders plead guilty to unlicensed money transmission; DOJ drops laundering, conspiracy charges appeared first on CryptoSlate.
Though it has weighed in on traditional staking, the US Securities and Exchange Commission has not issued guidance on liquid staking.
Once one of crypto’s loudest critics, Jamie Dimon now says he’s a “believer” in stablecoins as JPMorgan deepens its push into digital assets.
The Algorand Foundation has released a sweeping new roadmap to revive its ecosystem and push blockchain adoption into everyday life. Announced on July 31, the 2025+ roadmap is a strategic pivot meant to reassert Algorand’s relevance in a market increasingly dominated by competitors like Solana and Ethereum. According to CEO Staci Warden, the Foundation is […]
The post New Algorand roadmap shifts power to users, targets $18.9T tokenized market appeared first on CryptoSlate.
Robinhood (HOOD), the trading platform that gained notoriety during the meme-stock frenzy, has demonstrated a significant evolution in its business model, according to a recent report by Reuters. The company’s latest earnings reveal a surge in trading volumes across equities, options, and cryptocurrencies, indicating its ability to engage retail investors even amidst market uncertainties like high interest rates and tariff concerns. Robinhood Shows Strong Growth In Options And Equities In its second-quarter (Q2) report, the crypto platform announced transaction-based revenue of $539 million, marking a remarkable 65% increase compared to the previous year. The growth was driven by a 46% rise in options trading and a similar 65% increase in equities. Notably, revenue from cryptocurrency nearly doubled, bolstered by the firm’s recent $200 million acquisition of Bitstamp. Related Reading: Trump-Appointed Group Calls For Easier Crypto Regulations From Federal Authorities CEO Vlad Tenev noted a transformative shift in the company’s stability since its public debut in 2021. He emphasized that the current roadmap is packed with new product offerings, including tokenization and perpetual futures, suggesting a robust strategy to enhance user engagement. He said: In 2021, when we went public, it felt to me like we were much more fragile than today. But now the road map, if you look at things that we expect to deliver in the short-term, medium-term and long-term, is pretty packed. Meme-Stock Mania Resurgence Analysts at Piper Sandler highlighted that the diverse range of products available on the platform has fostered strong retail engagement, with equity and options trading reaching record levels in July. This resurgence in trading activity comes in the wake of a recent wave of meme-stock mania, reminiscent of the trading frenzy that characterized the 2021 bull cycle for the broader industry. Stocks of heavily shorted companies like Krispy Kreme and Kohl’s saw significant surges from retail investors, echoing the earlier excitement surrounding GameStop. Despite fluctuations in trading volumes, CFO Jason Warnick expressed confidence in the platform’s steady customer engagement and high retention rates, suggesting that Robinhood is well-positioned to maintain its growth trajectory. Related Reading: Chainlink Acknowledged By The White House As Key Player In Crypto Infrastructure The crypto market continues to play a pivotal role in Robinhood’s future earnings, with analysts projecting that crypto exchange Bitstamp acquisition will solidify the company’s roadmap in this sector. JPMorgan analysts believe that crypto has historically contributed about 10% to 20% of the trading platform’s revenue, and this figure is expected to rise throughout the year. Robinhood’s stock, HOOD) recently reached record highs beyond $113, pushing the company’s market capitalization close to $94 billion. Following the impressive earnings report, several brokerages have raised their price targets for the stock, with Wall Street maintaining an average “buy” rating. As of this writing, HOOD is valued at $103, recording a 3% drop on Thursday’s trading session. Featured image from DALL-E, chart from TradingView.com
The proposal aims to make Ethereum faster and quantum-resistant, while also reducing the layer-1 blockchain's technical complexity.
The crypto exchange missed revenue estimates for Q2 2025, with transaction volumes falling sharply. Still, steady growth in stablecoin-related income offered some relief.
Solana (SOL) is staging a potential comeback, rebounding 1% to $187.43 after triggering a TD Sequential buy signal at $178. This technical indicator, widely used to identify trend reversals, has sparked renewed bullish sentiment among traders, especially as SOL consolidates above the key $180 level. Related Reading: Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big The 4-hour chart shows diminishing bearish momentum, with candlesticks losing strength—an early sign that sellers are losing control. A green arrow under the final bearish candle, coupled with a black arrow confirmation, adds credibility to the bullish thesis. Solana’s Price action is forming higher lows, suggesting strength is building for a possible breakout toward $188–$190. However, SOL’s bullish narrative is tempered by growing internal tension in the crypto space, especially with growing security concerns. SOL's price records a slight bearish deviation on the daily chart following a rebound from critical support. Source: SOLUSD on Tradingview Ethereum-Based Scams Threaten The Solana Ecosystem Integrity? Community sentiment has turned cautious after warnings from prominent Solana contributor Dean Little. He flagged the risk of Ethereum “grifters” exploiting Solana’s fast and affordable infrastructure for scams, potentially undermining trust and driving away long-term users. This concern isn’t unfounded, Solana has seen its daily active addresses fall by 16% in the past week, with DeFi total value locked (TVL) dipping 8%. Though July was strong, with $9.85B TVL and $82B in DEX volume, signs of cooling engagement have coincided with SOL’s price retracing from its $206 high. Traders Eye Breakout as Sentiment and Technicals Collide Despite the volatility, the TD Sequential buy signal has provided a technical lifeline. SOL is holding the 20-day EMA near $178, a key dynamic support. Retail long positioning has surged, and open interest is rising, suggesting that traders are preparing for a move. Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will Momentum Hold Or Fade? As SOL battles for control above $180, a sustained close above $190 could reignite momentum. Still, with Ethereum-based scams casting a shadow, traders must stay woke. The next few sessions could determine whether Solana’s bullish setup leads to a breakout, or succumbs to broader distrust. Cover image from ChatGPT, SOLUSD chart from Tradingview
The Philippine government has officially launched a blockchain-based system to verify government documents on the Polygon network as part of a broader initiative to modernize public services and improve trust in state-issued records, local media reported on July 31. The new platform, introduced on July 30 by the Department of Budget and Management (DBM), allows […]
The post Philippines turns to Polygon to secure government records on blockchain appeared first on CryptoSlate.
Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing.
ETH might have some more juice to push to $4,700, one analyst said, but strong resistance and seasonal headwinds point to consolidation.