Markets responded with a 13% drop in share price after the company unveiled its $200 million Ether treasury plan.
ETH onchain data predicts a rally to $4,500, but a bearish RSI divergence warns of a correction in the short term.
Equity investment vehicles present ETH in a way that is palatable to investors in the legacy financial system, Bitwise Chief Investment Officer Matt Hougan says.
Solana’s DEX ecosystem has had a very active month, fueled by a spike in new token listings, surging volume, and PumpSwap’s growing grip over trading flows. While SOL retreated to just below $180 after peaking above $205, the spike in activity across DEXs suggests that the retail-driven memecoin wave primarily powered the turnover. However, the […]
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Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds.
Altcoins like SOL, AVAX, HYPE were down 4%-5% before paring losses, while BONK and PENGU plunged 10% then bounced back.
The XRP price is gaining traction once again as bullish signals strengthen across the charts. Following a decisive move above a critical support level, the cryptocurrency is now positioned for a potential upward move. A new technical analysis suggests that XRP could climb over 44%, targeting $4.804 in the near term—but only if the support level remains intact. XRP Price To Pump 44% If Support Holds Despite experiencing a pullback these past few days, the XRP price continues to show strong bullish momentum as it aims for new highs. In a recent analysis on X social media, crypto market expert Javon Marks forecasted that XRP may be on the brink of a significant price breakout. Related Reading: XRP Price Forms Double Top, This Structure Says A Crash Is Coming According to his price chart, the cryptocurrency is trading significantly above $2.47, a level that has been confirmed as a key support zone. Marks’ chart shows that this support level was previously a resistance and now serves as a foundation for the next potential leg higher. The expert’s analysis indicates that as long as XRP continues to hold above the support level, the next upward target remains firmly set at $4.804. This level represents a 44% price increase from its current price of $3.12. Notably, the technical setup presented by the analyst includes a consistent trend of higher lows, reinforcing the potential for a larger breakout to unfold. Mark’s chart also outlines an extended target beyond $4.804. If XRP manages to reach and break above this initial level, the analyst projects a potential surge toward $7.138, reflecting an impressive 128.7% increase from current prices. Notably, a possible move above $4 would already mark a new all-time high for the third-largest cryptocurrency—but breaking past $7 would represent a historic rally, indicating a strong continuation of the current bullish sequence. XRP Teeters At $3 After Rejection From Resistance XRP is currently at a critical turning point as price action rejected sharply from the $3.66 resistance level, sliding nearly 11% to test the $3.00 support zone. Based on a technical analysis by crypto expert Gael Gallot, this rejection follows a breakout attempt from a long-form symmetrical triangle stretching back to February. Related Reading: XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65 XRP’s daily chart shows its price forming a large ascending triangle pattern, though the recent rejection at the top of the trendline hints at an incoming upward move. Notably, Gallot predicts that a confirmed breakout and retest above $3.3 could ignite the next leg up, with XRP possibly revisiting the $3.66 zone and beyond. The analyst calls this phase a “Pullback or Setup,” highlighting a mix of signals, including a sharp 44% decline in active XRP wallets as whales accumulate over 280 million tokens even as Ripple co-founder Chris Larsen reportedly moved 50 million XRP. Short-term sentiment also appears mixed, with US traders staying cautious while Asian markets show signs of steady accumulation. Featured image from iStock, chart from Tradingview.com
Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion. Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the […]
The post DOJ clarifies Dragonfly is not a target as Tornado Cash co-founder trial nears conclusion appeared first on CryptoSlate.
The pair’s plea change comes amid Tornado Cash developer Roman Storm’s ongoing criminal trial on similar charges.
Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30. According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues […]
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Robinhood posted $160 million in revenue from crypto-related trading and $989 million in overall revenue, outpacing expectations as acquisitions are reshaping the firm.
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price.
Crypto trading revenue fell sequentially to $160 million from $252 million.
In their lengthy closing arguments on Wednesday, attorneys for both sides battled to win over the jury before releasing the group to decide the Tornado Cash developer’s fate.
Ever since the Fed’s rates were slashed below 5% back in October 2024, they have been reduced consistently month after month. This drop had a significant impact on the Bitcoin price, as it broke above the consolidation and surged above the $100,000 milestone for the first time in history. Now that the Fed rates remain …
Bitcoin faced renewed selling pressure on Wednesday, falling 0.45% to $118,446.5 as traders braced for pivotal macroeconomic events. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution This drop comes amid heightened caution ahead of the Federal Reserve’s July policy meeting and the looming implementation of steep U.S. tariffs on August 1. Despite a strong July performance, the flagship cryptocurrency remains under pressure due to profit-taking and broader market uncertainty. The decline follows a stretch of consolidation near the $120,000 level, a psychological resistance zone that prompted selling from long-term holders and institutions. Even Strategy’s historic $2.5 billion Bitcoin acquisition, adding 21,021 BTC, failed to spark a rally, suggesting investor fatigue and risk aversion are taking hold. BTC's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Fed Decision and Tariff Jitters Weigh on Sentiment Investor focus remains fixed on the Federal Reserve’s rate decision, with expectations that the central bank will hold interest rates steady. However, analysts remain divided on the Fed’s longer-term stance amid calls for cuts by President Trump and signs of economic cooling. Market concerns are further amplified by impending U.S. tariffs ranging from 15% to 50%, set to take effect at the start of August. Although tariffs don’t directly impact crypto prices, they influence global sentiment and contribute to increased volatility across risk assets like Bitcoin. Meanwhile, the market is also awaiting a White House report that could outline the U.S. government’s Bitcoin holdings and clarify its stance on establishing a strategic Bitcoin reserve. Altcoins Follow Bitcoin’s Retreat Bitcoin’s pullback echoed throughout the broader crypto market. Ethereum, the leading altcoin was one of the assets that made a dip, falling by over 2% to $3,781.5. Related Reading: Ethereum Price Could Rise To $9,000 This Cycle, Eyes Breakout Against Bitcoin This caused a ripple in the altcoin space with some of the major names recording similar drops: XRP fell 0.6% to $3.1290 Solana dropped 2.1% Cardano declined 1.6% Dogecoin slipped 2.2% $TRUMP coin shed 2.6% With volatility indicators tightening, analysts warn that a significant price move may be imminent as the market awaits the Fed’s outcome and macroeconomic clarity. Cover image from ChatGPT, chart from Tradingview
Bitcoin (BTC) price has gradually lost its initial July bullish momentum during the past three weeks. The flagship coin has consolidated in a choppy fashion during the past three weeks below $120k amid robust fundamentals, which ordinarily favors bullish sentiment. According to market aggregate data from TradingView, BTC price slipped below $117k on Wednesday, resulting …
A node issue disrupted the network for 11 hours in 2022.
As Ethereum turns 10, leaders from Consensys, Coinbase, RedStone, Optimism and GameSquare share what the next decade could look like for the evolving network.
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered […]
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White House releases 166-page crypto strategy led by David Sacks to strengthen US leadership in digital finance, tokenization, and AI.
The post White House releases landmark crypto report, but skips new details on Bitcoin stockpile appeared first on Crypto Briefing.
The Fed Chair appeared as dug in as ever to his insistence that the central bank stands firmly in blocking the Trump tariffs from igniting inflation.
Streamlining crypto ETF listings could accelerate market growth, reduce regulatory delays, and enhance investor access to digital assets.
The post Cboe files to auto-list crypto ETFs without case-by-case SEC approval appeared first on Crypto Briefing.
Bitcoin’s tight consolidation just below $120,000 suggests the bulls are holding on to their positions as they anticipate an uptick in volatility.
Solana (SOL) is navigating a pivotal market phase as it hovers near a critical resistance zone ahead of the monthly close. The asset has shown strength in holding higher support levels, positioning itself for a potential breakout. If bullish momentum sustains, the SOL price could reclaim the $200 threshold in the near term, with mid-range …
The White House’s digital asset task force calls on regulators to clarify crypto trading rules and accelerate innovation, as a major crypto bill becomes law and two more head to the Senate.
President Donald Trump’s administration released its most detailed digital asset policy report on Wednesday, outlining a broad regulatory roadmap for crypto but offered no new insight into the government’s proposed strategic Bitcoin (BTC) reserve. The 163-page document, prepared by the President’s Working Group on Digital Asset Markets, consolidates the administration’s position across stablecoin regulation, tax […]
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The Federal Reserve has decided to keep its key interest rate steady at around 4.25%-4.5%, holding firm despite pressure from President Trump to cut rates. Fed Chair Jerome Powell said the central bank might have lowered rates further, but Trump’s broad tariffs created economic uncertainty, making officials more cautious about additional rate changes. Fed Holds …
Cardano founder Charles Hoskinson made headlines this week with a bold forecast. He told investors that ADA could rise as much as 1,000× from its current level. Bitcoin, he argued, has less room to run. His comments came as Bitcoin traded around $118,000 and Cardano lingered around $0.78. Related Reading: Bitcoin Ain’t ‘Better’, ADA Is, Cardano Founder Says Bold Claim On Returns According to Hoskinson, Bitcoin’s market cap of about $2.35 trillion leaves it with only a potential 10× upside to hit a $1 million price. By contrast, ADA sits close to $28 billion market cap. He said that a 100× move would bring ADA close to $77.90, while 1,000× would push it toward $779 per coin. Those figures imply a Cardano market cap around $27.5 trillion. It’s a gap so large that few expect it to close without major shifts in adoption or regulation. ????ADA can 1000X, Bitcoin can’t — Charles Hoskinson Charles says $BTC might 10x, but $ADA can go 100x or even 1000x.???? He mocked: “Oh sure, let’s sell ADA for Bitcoin… so we can make less money.”???? pic.twitter.com/YoZR6gUEzr — Coin Bureau (@coinbureau) July 29, 2025 Rising Debate Over Treasury Moves Based on reports, Hoskinson has also proposed converting up to $100 million of the ADA treasury into Bitcoin and stablecoins. The goal is to boost liquidity for a planned Cardano stablecoin. Some community members warn the move could trigger selling pressure on ADA. Others argue it would strengthen the ecosystem’s cash reserves. The plan has drawn criticism from inside and outside the Cardano camp, with BTC supporters calling for a full switch and ADA loyalists pushing back. Cardano’s Role In Bitcoin’s Future According to Hoskinson, Cardano could serve as a yield layer for Bitcoin, adding smart‑contract capabilities to the original chain. He said Cardano “does substantially more” than Bitcoin’s base protocol. If wallets and DeFi apps use ADA as collateral or for staking, he believes that could drive real‑world demand. Yet today’s dApp numbers still lag behind rivals like Ethereum, and developer activity remains well below industry leaders. Huge Numbers Highlight Gap Based on market caps, a 1,000× ADA rally would vault Cardano past the world’s biggest companies and many national economies. By comparison, Bitcoin shooting for another 10× gain would keep it in the same league it already dominates. The sheer scale needed for ADA to match those multiples has few precedents in financial history. Related Reading: Countdown To August 15: What XRP Investors Need To Know What Investors Should Watch According to market observers, the key signals will be developer growth, transaction volumes, and real‑world use cases. ADA holders will also track whether the treasury move happens and how it’s executed. Any large-scale asset swap could shake trader confidence. For now, Cardano’s community will weigh the promise of outsized gains against the risks of execution and market dynamics. Featured image from Unsplash, chart from TradingView
Traders anxiously await today’s FOMC results to see if a surprise Fed rate cut could ignite a Bitcoin rally toward $140,000.