Bitcoin’s (BTC) move into new all-time highs leaves statistical room for it to reach $130,000 before historical demand exhaustion zones, according to a July 16 report by Glassnode. Bitcoin broke out of a multi-week range of $100,000 to $110,000 and printed a new high near $122,000, clearing dense cost-basis clusters where buyers had concentrated between […]
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BofA confirms stablecoin plans as the GENIUS and CLARITY crypto bills advance in the House, with a final vote expected this week.
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XRP is often criticized for “not having a use case,” yet it remains a top performer in the current bull market. Why?
The House market structure bill was supposed to get a final vote later Wednesday.
The new Base App folds social posts, mini‑apps, chat, USDC payments and trading into a single interface that auto‑creates a cross‑chain smart wallet.
Tron Inc. shifts focus to Tron treasury management, boosting stock 33% and becoming the largest public holder of TRX tokens.
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The provider of institutional trading technology completed two deals last year.
House Republicans push to revive three crypto bills — covering stablecoins, market structure and a CBDC ban — after initial failure, but final vote remains delayed.
World Liberty Financials WLFI token received 99.94% support in a vote that wrapped up today, clearing the way for trading.
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The chair of the EU’s Anti-Money Laundering Authority (AMLA) noted the ‘fragmented’ EU crypto markets, and the risk of the ‘diverging application’ of rules.
The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months. This interesting move came after reports broke of the US Securities and Exchange Commission’s approval of the ProShares Ultra XRP ETF, which allowed XRP to extend its upward movement. However, this momentum didn’t just affect price; it also had major effects on XRP’s standing in the overall crypto market. XRP Becomes Top 3 Crypto The SEC’s decision to approve the ProShares Ultra XRP ETF, which offers 2x daily exposure through futures contracts, is an interesting milestone for XRP. After years of legal scrutiny and uncertainty, especially following the SEC’s 2020 lawsuit against Ripple, the ETF approval is a remarkable change in the SEC’s stance with XRP. It shows that XRP has not only survived the challenges but has also earned a place in the next phase of institutional adoption of cryptocurrencies. Related Reading: XRP ETF Race Heats Up: Why July 14, July 21, And July 25 Are Important After news of the ProShares ETF approval, XRP rallied sharply and outperformed many other top assets on both the daily and weekly timeframes. This surge came as a continuation of bullish momentum already building from Bitcoin’s recent breakout to new all-time highs above $122,000. However, even while Bitcoin corrected back to below $118,000, XRP managed to keep up with the pace of inflows. At the time of writing, XRP is up by about 25.7% in a seven-day timeframe. This notable increase has allowed its market cap to increase to $173.4 billion, effectively overtaking that of Tether USDT’s market cap of $159.8 billion. This means that XRP is now back to being the third-biggest cryptocurrency by market cap and it is now closing in on Ethereum in rankings. Can The Altcoin Flip ETH? XRP’s climb past USDT in market capitalization reflects both a solid price surge and its strength in the crypto market. The next target on the leaderboard, however, is much more formidable. To flip ETH in market cap, XRP would need to more than double from its current $173.46 billion to exceed Ethereum’s $381.13 billion. Assuming the current circulating supply of 59.13 billion XRP tokens is kept at this level, this translates to a required price of roughly $6.60 per XRP in order to reach a $381.13 billion market cap. Related Reading: Official Ripple Document Surfaces Online, Revealing What Will Drive The XRP Price Higher XRP overtaking ETH would also be somewhat of a hard task, considering the fact that ETH has also kept up interesting price gains in the past few days. Particularly, the leading altcoin is also up by about 20.2% in the past seven days. Ethereum’s price performance can be attributed to the steady inflows into Spot Ethereum ETFs, which have witnessed $1.55 billion inflows in July. However, XRP still has a chance of overtaking Ethereum, especially when a Spot XRP ETF is approved by the SEC. An important moment could happen on July 25, when the SEC is expected to decide on the REX-Osprey XRP ETF, which is a spot-based ETF. Some analysts believe XRP’s price could skyrocket toward $1,000 under a scenario of full-scale institutional adoption. If that vision materializes, XRP wouldn’t just surpass Ethereum; it would be positioned to compete with Bitcoin in market cap. At the time of writing, XRP is trading at $2.93. Featured image from Getty Images, chart from Tradingview.com
The United States House of Representatives has voted to advance three major crypto bills on Wednesday. The GENIUS Act, Clarity Act, and the Anti-CBDC Act received an overwhelming support from the Republicans and a majority disapproval from the Democrats. After the three bills failed the procedural votes on Tuesday with 196 to 223 votes, the …
Bank of America and other legacy financial institutions have been increasingly associated with stablecoins amid the growing push for regulatory clarity.
U.S. lawmakers have failed a procedural vote that would have set the terms for voting on major cryptocurrency legislation this week.
Strategy is the largest corporate holder of bitcoin, holding 601,550 BTC (valued at over $73 billion) as of July 14.
Also: Risc Zero’s ‘Boundless’ Incentivized Testnet, A New Bitcoin Proposal, and The First DePIN Powered Credit Card.
The House passed a key procedural vote advancing crypto bills GENIUS and Clarity, setting up final debate and votes.
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Coinbase currently sits at rank 162, marking a dramatic recovery from its three-month low of 436 recorded less than a month ago.
On July 16, the House rejected the crypto-related proposals package, which included the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance Act, by a vote of 183-203. With the House rejecting the resolution that had previously passed in the Senate, the package effectively fails unless the House moves to reconsider or amend it and […]
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After weeks of whisper-quiet consolidation, Ethereum has finally found its voice, roaring through a historically thin price zone with conviction. Backed by heavy volume and strong weekly closes, ETH’s breakout isn’t just technical. The silence is over, and the bulls are back in charge. Weekly Charts Tell The Story: ETH Strength vs. SOL Struggle Cazz, in a recent update on X, highlighted a significant development on the Ethereum weekly chart. The ETH/USD pair has broken out of an 8-week tight consolidation range. This breakout came on the back of high volume and strong weekly closes near the highs. Its rapid price movement through a historically thin zone further confirms that this is classic big money behavior. Related Reading: Ethereum Bulls Roar — $3K Beckons After 5% Spike The technical structure suggests Ethereum’s bullish momentum is not only gaining traction but also aligning with broader institutional interest. This kind of breakout pattern often indicates the start of a stronger trend, especially when accompanied by elevated volume and price conviction as seen on the chart. In contrast, the SOL/ETH chart is showing a completely different story. Cazz pointed out that the pair is breaking down below long-term support on the weekly timeframe. This signals relative weakness and may be a sign that market participants are shifting preference away from SOL in the short and medium term. While Solana could still deliver in isolated moves, the overall structure puts Ethereum as the stronger asset. Cazz’s analysis suggests a shift in market leadership, with Ethereum gaining strength through “classic big money behavior” while Solana shows weakness. As ETH asserts itself as the institutional Layer 1, it could be entering a more dominant phase in the near term. ETH Shifts Gears: From Accumulation To Acceleration According to Cazz, after “more than a year of sideways action and base building,” which he notes “can be a sign of institutions building substantial positions,” ETH appears to be transitioning into a new leadership phase. This shift is backed by strong fundamentals (tokenized treasuries, RWAs, DeFi infra) and upcoming regulatory catalysts, all pointing toward Ethereum’s growing dominance. Related Reading: Ethereum Price Signals Strength — Bullish Pop May Be Just Ahead Cazz highlighted that “Ethereum memes are coming back to life on big volume,” signaling a strong return in community sentiment and trader interest. This renewed energy around Ethereum memes is happening as the price breaks through key levels and narratives regain traction in the market. In his observation, Cazz pointed out that some are already up 5-10x from local bottoms, showcasing just how quickly opportunities are unfolding in the Ethereum ecosystem. Such momentum suggests that the quiet accumulation phase may now be giving way to a more aggressive rally led by both fundamentals and capital rotation. Featured image from iStock, chart from Tradingview.com
L33tz, the founder of The Rage crypto trade publication, submitted the FOIA request in March and reportedly received a response on Wednesday.
The move comes amid a strong move across the entire altcoin market on Wednesday.
ICP joins wider crypto breakout, rising 7% before stabilizing above key support near $5.52
The move comes amid a wider move across the altcoin sector, with signs of altcoin season emerging.
As banks like Citi and Bank and America enter the stablecoin market, they’re likely to bring their own tech stack and clearing expertise with them. If crypto consortiums do not step in with alternatives, TradFi-style clearinghouses will dominate the landscape, says John deVadoss.
Bitcoin price action coils beneath an increasingly thick cloud of liquidity as PPI inflation cools beyond expectations in June.
Ethereum’s derivatives market is showing clear signs of speculative overheating, with leverage ratios, open interest, and funding rates all rising. The last 30 days have seen ETH rally more than 24%, triggering a sharp expansion in derivatives exposure that now surpasses $24.5 billion in open interest, its all-time high. This has pushed the estimated leverage […]
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DACFP’s Ric Edelman shares insights from a recent white paper explaining the substantial upside in bitcoin’s price and why the risk/reward ratio strongly favors a significant crypto allocation – certainly one that’s far higher than a measly 1 or 2 percent.
Speaking on the second quarter earnings call, Brian Moynihan said the bank plans to act when the time is right.
It's more than a five-month high for ETH thanks to tailwinds from corporate ether treasury strategies and ETF inflows.