The dismissal came days before Tornado Cash developer Roman Storm was scheduled to face charges in US federal court.
Bitcoin futures show rising long-side buy pressure as open interest surges.
CoreWeave, a rising player in the artificial intelligence industry, has entered a definitive agreement to acquire Bitcoin mining company Core Scientific in an all-stock transaction, according to a July 7 announcement. This strategic move would help CoreWeave to strengthen its data center capabilities and expand its AI and high-performance computing (HPC) infrastructure. Agreement terms Under the […]
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The Open Network (TON) Foundation, a nonprofit organization dedicated to the long-term success of the Toncoin (TON) ecosystem, has clarified that there is no official deal with the government of the United Arab Emirates (UAE). The TON Foundation has highlighted that the previous rumors that a Golden Visa program for the Toncoin holders is not …
The TON Foundation has denied claims that it has launched an official UAE Golden Visa initiative, clarifying that no formal partnership exists between the blockchain project and the UAE government. The clarification follows widespread social media reports suggesting that digital asset investors could gain UAE residency through staking TON tokens. Over the weekend, TON promotions […]
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The recent decline in Pi Network (PI) price has raised questions among investors and developers alike, especially as the token faces heightened volatility amid structural changes in supply dynamics. As PI transitions through critical phases of its ecosystem rollout, both network-level events and on-chain activity are exerting measurable influence on its market behaviour. These shifts …
The FBI was able to recover 40,300 USDT.ETH, which it is now seeking to return to the victim.
Deal valued at $20.40/share marks second acquisition attempt; KBW sees limited upside for Core Scientific shareholders.
Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies.
Ethereum is approaching a pivotal moment as it pushes to reclaim the $2,600 level, aiming to break free from weeks of sideways action. After trading within a tight range since early May, ETH is now testing the upper boundary of its consolidation zone, a move that could mark the start of a new bullish phase for the world’s second-largest cryptocurrency. Related Reading: Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason Market participants are closely watching this level, as a successful breakout above $2,600 would likely attract momentum buyers and confirm renewed strength across the altcoin sector. However, the breakout is far from guaranteed. If bulls fail to sustain this move, Ethereum could face renewed selling pressure, with price potentially revisiting lower support zones. According to Coinglass data, liquidity clusters are clearly defined at $2,800 and $2,350. These levels will likely act as magnets in the coming days, depending on how Ethereum responds to current resistance. A clean break toward $2,800 would confirm bullish intent and broader altcoin surges, while a rejection could reinforce bearish sentiment. Ethereum’s Next Move Could Ignite Altseason Altcoins remain nearly 50% below their all-time highs, but bullish momentum is quietly building. Ethereum, the leader of the altcoin market, has been consolidating in a well-defined range between $2,400 and $2,700 since early May. This prolonged sideways action has kept much of the altcoin sector in a state of indecision. Now, traders and analysts agree: Ethereum must break out to lead the next major move. Market analyst Ted Pillows identifies two key liquidity levels for ETH: $2,800 on the upside and $2,350 on the downside. These zones represent the most likely destinations for price in the short term, depending on which side of the range breaks first. If Ethereum pushes above $2,800 with strength, it would likely trigger renewed risk appetite and a broad-based altcoin rally. On the other hand, a breakdown below $2,350 could lead to deeper corrections across the board. So far, bulls have defended the $2,500 level well, and growing open interest suggests that investors are positioning for an expansion. A decisive breakout in either direction will resolve weeks of consolidation and determine the short-term trend. Until then, Ethereum remains the gatekeeper of altcoin momentum—its next move could define the path for the entire market. Related Reading: Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason ETH Tests Resistance Amid Range-Bound Structure Ethereum is currently trading at $2,563, hovering just below the $2,600 mark, a level that has acted as short-term resistance throughout June and early July. As shown in the 12-hour chart, ETH has been trapped in a horizontal consolidation structure between $2,400 and $2,700, with multiple failed attempts to break either side convincingly. The price remains above the 50, 100, and 200 simple moving averages (SMAs), which is a positive signal for bulls. The 100 SMA at $2,532 and the 200 SMA at $2,206 have offered strong dynamic support during recent pullbacks, reinforcing the current uptrend structure. Volume remains moderate, suggesting that market participants are waiting for a clear breakout before entering with conviction. A decisive close above $2,600 would open the door for a move toward $2,800, where large liquidity clusters have been identified by Coinglass. Related Reading: No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook However, failure to maintain this short-term momentum could push ETH back toward the $2,400 support zone. Bulls have defended this level several times, and a break below it would likely invalidate the bullish setup and increase the risk of a deeper correction. Featured image from Dall-E, chart from TradingView
Bitcoin failed to overcome resistance at $110,500, but charts suggest bulls will continue buying dips in BTC and altcoins.
The Eleventh Circuit Court of Appeals on July 3 vacated the Northern District of Florida’s 2023 order upholding the Treasury’s sanctions against Tornado Cash and instructed the lower court to dismiss the case. The one-page mandate ends the Coin Center v. Yellen appeal, the only remaining case over OFAC’s August 2022 designation of the Ethereum-based […]
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After multiple failed attempts, the Dogecoin price has marked the local highs close to $0.176, hinting towards a rise in the strength of the bulls. The Bulls have been displaying strength lately but are also facing enough pressure from the opposition. As a result, rising and sustaining above $0.18 has become a tedious job as …
Vietnam is leveraging crypto regulation to meet FATF standards, combat digital asset fraud and rebuild its international financial reputation.
The miner increased its total holdings to 1,792 BTC.
The company year-to-date has mined 3,986 bitcoin and now ranks seventh among publicly traded BTC holders with 12,608.
Pi Network’s price momentum appears to be weakening, and it may soon fall below $0.40. Despite recent announcements about ecosystem growth and app hosting, experts hint that most of the positive developments have already been factored into the price, leaving little support for current levels. Factors Behind the Bearish Outlook 1. Pi2Day Hype Fully Priced …
Bit Digital is now the second-largest publicly traded ETH holder, behind Coinbase.
The Eleventh Circuit Court of Appeals ruled on July 3 that Coin Center could dismiss its lawsuit against the Treasury Department.
The U.S. government has delayed its deadline to set tariffs to August 1, while Donald Trump threatened countries aligning with BRICS with extra levies.
Garlinghouse's testimony could accelerate US crypto regulation, potentially fostering innovation and consumer protection in digital markets.
The post Ripple CEO Brad Garlinghouse to testify before US Senate Banking Committee on crypto legislation appeared first on Crypto Briefing.
Strategy, the largest corporate holder of Bitcoin, expanded its digital asset portfolio by $21 billion in the second quarter of 2025, driven largely by BTC’s sharp price increase. According to the Michael Saylor-led firm, Bitcoin surged from $82,445 to $107,752 between April and June, pushing its unrealized gains on its BTC holdings to $14.05 billion. […]
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The raise will help build an on-chain orderbook on super-fast blockchain Monad.
The SEC's expedited process for Solana ETFs could accelerate mainstream crypto adoption and diversify investment options in the US market.
The post SEC pushes Solana ETF issuers to refile by end of July, signals fast-track approval path appeared first on Crypto Briefing.
Bitcoin is currently on the path to holding a strong footing above $109,000 after reclaiming the $108,000 price level in the past seven days. Notably, Bitcoin’s price has gained more than $3,000 over the past week, with bullish momentum building steadily across the broader crypto market. Bitcoin is once again flirting with all-time highs, and popular crypto analyst Merlijn The Trader recently shared a technical analysis on social media that claims Bitcoin has now entered its third parabolic phase. His chart places Bitcoin right on track for another historic climb to crazy price targets even in 2025. Bitcoin Following Familiar Price Schedule According to Merlijn’s analysis, Bitcoin’s current market structure is mimicking its past two parabolic rallies that took place in 2017 and 2021. Just like in previous cycles, Bitcoin’s current price cycle has moved through a prolonged consolidation phase and gradually grinded upward. Related Reading: Bitcoin Price To See 52% Increase To $166,000, Analyst Reveals Tight Timeline The next thing now is a vertical breakout. A weekly chart that followed his post on the social media platform X highlighted this trend with three red bowl-shaped curves, each leading into a green “Parabolic Phase” box that represents the final leg of each bull run. The price action so far in 2024 and 2025 has continued to trace this same path. The curve that began forming after the 2022 bottom is now tilting upward sharply. Interestingly, Bitcoin bounced cleanly off the lower arc during its April crash to $74,000, just as it did in 2016 and 2020 before launching into new all-time highs. Crypto analyst Merlijn believes this rebound is the strongest indication yet that the final breakout phase is approaching. No Second Chances: Here’s The Price Target According to the analyst, Bitcoin’s current price structure on the weekly chart has never failed in previous cycles. However, anyone waiting on the sidelines may miss the move entirely. “Bitcoin bounced off the parabolic curve support, momentum is building, and if history rhymes with the biggest burst of the move, this parabolic phase does not give second chances,” he explained. Related Reading: Bitcoin Makes History With Highest Monthly Close, But Volume Is Still Bearish The most interesting part of Merlijn’s forecast is the price target itself. Based on the chart he shared, the green parabolic zone for 2025 extends as high as $335,000, representing more than a 205% rally from current levels. The mid-region of the box is around $150,000, making even the conservative price target significantly higher than Bitcoin’s current price. This prediction is based on the magnitude of previous parabolic runs, which saw Bitcoin increase by over 2,000% in 2017 and more than 1,300% from its 2020 lows to its 2021 peak. If the third phase delivers a similar rally, the path to $335,000 may not be far-fetched. At the time of writing, Bitcoin is trading at $108,850, having reached an intraday high of $109,574. Featured image from Getty Images, chart from Tradingview.com
The TON Foundation is distancing itself from early Golden Visa claims, saying the move is an independent initiative with no official backing from the United Arab Emirates government.
Despite Ether’s repeated rejection at $2,800, more bullish signs suggest that ETH price is still on its way toward $5,000 in 2025.
K33’s Torbjørn Bull Jenssen says simply raising bitcoin funds to chase "bitcoin yield" is not a sustainable business plan.
The US government's Ethereum transaction hints at potential future asset management strategies, impacting market perceptions and crypto policies.
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ICP shows resilience amid global market volatility, bouncing from a sharp dip and reaffirming bullish consolidation near $4.80.