US President Donald Trump reportedly pressured Republicans who voted against a procedural vote to consider three crypto bills on Tuesday, but his memecoin could complicate the debate.
XRP is often criticized for “not having a use case,” yet it remains a top performer in the current bull market. Why?
Tron Inc. shifts focus to Tron treasury management, boosting stock 33% and becoming the largest public holder of TRX tokens.
The post Justin Sun-backed SRM Entertainment rebrands to Tron Inc., stock pops 57% appeared first on Crypto Briefing.
The provider of institutional trading technology completed two deals last year.
Though the House of Representatives may soon be able to consider the three bills, President Donald Trump didn't get all Republicans to fall in line to support the legislation.
World Liberty Financials WLFI token received 99.94% support in a vote that wrapped up today, clearing the way for trading.
The post World Liberty Financial’s WLFI token becomes tradeable following near-unanimous approval appeared first on Crypto Briefing.
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.
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The House passed a key procedural vote advancing crypto bills GENIUS and Clarity, setting up final debate and votes.
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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
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.
Joshua de Vos of CoinDesk Data breaks down the July digital assets report and touches on corporate treasury adoption, the digital assets dominating the headlines and the role of benchmarks in capital decisions.
As Ethereum marks a decade, Consensys touts its security architecture and “trustware” thesis as key to its long-term role in global finance.
By deploying a bot on a perpetuals exchange, the trader scaled $6,800 into $1.5 million through maker rebates and microstructure precision.
Trump's actions could undermine Fed independence, potentially destabilizing financial markets and eroding trust in U.S. economic governance.
The post Trump reveals draft letter firing Fed Chair Powell during crypto bill discussion: NYT appeared first on Crypto Briefing.
A continued altcoin season will depend on whether BTC continues to tread water near record highs or begins to break levels of support or resistance.
Bitcoin volatility is back on the rise after a dramatic week of price action. On Monday, BTC surged to a new all-time high of $123,200, only to retrace to $115,700 by Tuesday, highlighting the fast-paced, high-stakes environment that has returned to the crypto market. Despite the sharp pullback, the overall trend remains bullish, with price structure and momentum still favoring the bulls. Related Reading: SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip Bitcoin has held above key support levels, and buyers continue to step in on dips, reinforcing confidence in the ongoing uptrend. The recent move is viewed by many as a healthy correction rather than a reversal, especially given the macro backdrop and rising institutional involvement. Adding to the bullish narrative, CryptoQuant data reveals that retail investors are making a comeback. The 30-day change in demand for small BTC transfers (ranging from $0–$10K) is signaling renewed interest from retail investors. Retail Demand Reawakens As Crypto Week Advances In Washington Top analyst Axel Adler has highlighted a critical on-chain signal that points to the return of retail investors in the Bitcoin market. The 30-day change in demand for small transfer volumes ($0–$10K) has moved out of negative territory for the first time in months. This shift indicates a meaningful increase in activity from smaller holders—widely interpreted as retail participants—after a prolonged period of dormancy. Retail involvement plays a crucial role in sustaining long-term bullish trends. While institutional demand often drives initial breakouts, it is the broad participation from everyday investors that adds momentum and staying power to rallies. The reappearance of retail buying interest not only strengthens Bitcoin’s current price structure but also suggests growing confidence in the asset’s outlook, despite recent volatility. This renewed demand comes at a pivotal time. “Crypto Week” is underway in the US Congress, where lawmakers are actively debating and voting on three major cryptocurrency bills. The outcomes of these discussions are expected to shape the regulatory landscape for years to come and could provide the clarity that both retail and institutional investors have long awaited. For now, the uptick in small-scale BTC transfers is a strong signal. That retail investors are re-engaging just as the crypto industry prepares for potentially historic policy changes. Related Reading: Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative BTC Holds Above $118K After Reclaiming Breakout Zone Bitcoin is currently trading at $118,914 on the daily chart. After a sharp rally pushed it to a new all-time high of $123,200 earlier this week. The price has since retraced, but BTC continues to hold above key support levels, signaling bullish resilience. The recent dip toward $117,000 was met with buyer interest, as seen in the long lower wick and a moderate bounce on rising volume. The chart shows that BTC is comfortably trading above the 50-day, 100-day, and 200-day simple moving averages (SMAs). Currently at $108,040, $102,116, and $97,362, respectively—all of which are upward sloping. This confirms a strong bullish structure, with momentum still favoring buyers in the medium to long term. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth With volatility increasing and volume surging, Bitcoin’s consolidation above $118K could act as a launchpad for a second leg higher. A strong close above $120K would likely confirm continued bullish momentum heading into the final stretch of “Crypto Week.” Featured image from Dall-E, chart from TradingView
The FT reported overnight of an imminent agreement with the Bitcoin OG to provide CEPO with 30,000 BTC.