Today isn’t just another Federal Reserve meeting, it might set the tone for how crypto moves in the coming weeks. Most experts believe that the Fed will keep interest rates unchanged at 4.25% to 4.50%. However, U.S. President Donald Trump has added a twist. He’s putting strong pressure on Fed Chair Jerome Powell to either …
Indonesia is tightening crypto taxes. Starting August 1, new rules will raise taxes on crypto trades, especially on those using foreign platforms. The move highlights the government’s intent to capture a larger share of revenue from a booming sector that now boasts over 20 million users, outpacing the country’s traditional stock market investor base. New …
Ethereum today has walked into the spotlight as price momentum builds amid institutional developments and whale accumulation. Currently changing hands at $3827.77, ETH has seen a 3.61% gain over the past week, pushing it toward critical resistance levels. Market participants are optimistic as the U.S. SEC begins reviewing BlackRock’s request to incorporate staking into its …
After months of speculation and rumors, the long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) appears to be inching toward a turning point. Although many in the crypto community expected the SEC to withdraw its appeal in the case, it hasn’t done so yet, prompting fresh debate about the …
XRP is starting to turn heads once again, and some financial experts say it could soon be seen as a reliable store of value, much like Bitcoin. Sal Gilbertie, CEO of Teucrium Trading, recently spoke about XRP. He said the company has made massive profits from XRP and said that it could become an important …
Rowland Marcus Andrade was sentenced to seven years in prison for making the cryptocurrency AML Bitcoin, which defrauded investors out of $10 million.
A large number of token unlocks are expected to hit the altcoin market this week, and Dogecoin is one of those with the most notable unlocks happening this week. With the uncertainty in the market, token unlocks like these could affect the Dogecoin price. However, with deep liquidity, there is a high possibility that the meme coin is able to absorb this massive unlock without much effect. Large Dogecoin Unlock To Hit The Market In an X post, Wu Blockchain reported that there are a number of single token unlocks that are set to go live in the altcoin market over seven days. However, the ones of concern are the linear unlocks that will continue into the first week of August, putting hundreds of millions of dollars into the market. Related Reading: XRP Won’t See Devastating Pullback Because ‘The Train Has Left The Station’ One of the major unlocks shown was for Dogecoin, which is supposed to see approximately 95.5 million DOGE tokens added to its supply. Going by the current supply, this would be an additional 0.06% added to the circulating supply. At the current market price, this would be around $22.9 million worth of tokens being added. Naturally, token unlocks can impact the price of a digital asset, and Dogecoin is no different. However, looking at the daily trading volume of the cryptocurrency, which is in the billions of dollars, as well as the deep liquidity across major crypto exchanges, it is likely that the DOGE market will absorb this new supply without much fuss. Additionally, not all of the 95 million tokens will be sent into circulation at once. Given that it’s a linear unlock, meaning the coins will be released into circulation in smaller batches, it is much easier for the market to absorb the supply without any negative impact to the Dogecoin price. Other Tokens Being Unlocked While the Dogecoin token unlock is significant, it is not the largest token unlock expected to happen this week. The crown goes to Solana, which is expected to see 465,770 tokens unlocked. This stash is worth a staggering $87 million and translates to 0.09% of the total supply. Related Reading: The Days Of Parabolic Bitcoin Bull Runs Are Over: Analyst Reveals How BTC Will Reach $1,000,000 Next on the list is the TRUMP token at 4.89 million tokens worth $50.13 million. This accounts for 1.67% of the total supply. Then, it is followed by Worldcoin (WLD), with an expected 37.23 million tokens to be unlocked, worth $44.67 million, and translates to 2.16% of the total supply. Other major unlocks include TAO with 50,400 tokens worth $21.49 million. There’s also Avalanche (AVAX) with 700,000 tokens worth $18.07 million, and Celestia (TIA) with 6.96 million tokens worth $14.20 million. Featured image from Dall.E, chart from TradingView.com
The Bank of Korea has also renamed its CBDC research and development teams to reflect their focus as practical business departments.
Prosecutors say the former executive funneled company funds into crypto via false claims, with investigators tracing assets despite obfuscation tools.
Rowland Marcus Andrade, founder of AML Bitcoin, was sentenced to seven years in federal prison for wire fraud and money laundering after defrauding investors of $10 million. Andrade made false claims about the token’s technology and business deals, including a fake agreement with the Panama Canal Authority. He misused over $2 million for personal expenses …
Bitcoin has had a great year so far, hitting a 6-figure price, which has made many investors hopeful for a jump toward $140K or even $150K. But a new report from 10x Research suggests the journey to those higher levels might not be so easy. Instead of climbing further, the report warns that Bitcoin could …
Crypto whales have opened $25 million in long positions on XRP ahead of the highly anticipated White House crypto policy report set for July 30, 2025. This surge in bullish bets comes amid speculation that the forthcoming policy could favor U.S.-based projects like XRP. Technical analysts highlight a bullish pennant pattern, with potential for XRP …
The cryptocurrency market is experiencing a cooling period following intense rallies in recent months. Key coins like Bitcoin and Ethereum are consolidating near their peak prices, with Bitcoin trading around $118,000 and Ethereum near $3,600-$3,800 after recent pullbacks. Analyst DanCoinInvestor notes this cooling is less severe and shorter than previous overheated states seen in 2024 …
Amidst a consolidating market, Tron is gaining significant traction. The drive for this has come from a surge in trading volume and strategic developments within the network. With the price currently around $0.3367 after a 3.02% daily gain and a 2X volume rise, investors are keen on the next resistance level. Talking about catalysts, Tron …
The Smarter Web Company has expanded its Bitcoin holdings by purchasing an additional 225 BTC, boosting its total reserves to 2,050 BTC. This latest acquisition signals the company’s continued confidence in Bitcoin as a strategic asset amid growing institutional adoption. The move aligns with broader trends of corporate treasury diversification into cryptocurrency to hedge against …
On July 29, spot Bitcoin ETFs recorded inflows of $79.9 million, while Ethereum ETFs saw significant investments totaling $218.6 million. BlackRock’s spot ETFs were among the top buyers, acquiring 1,340 BTC and 59,309 ETH on the same day. These substantial inflows highlight continued strong institutional demand for both Bitcoin and Ethereum, supporting market liquidity and …
Crypto exchange Kraken is reportedly seeking half a billion dollars in funding as crypto exchanges capitalize on regulatory tailwinds, The Information reports.
Visa sees stablecoins as a long-term opportunity but says adoption remains limited amid regulatory uncertainty and low transaction volumes.
The Bank of Korea has established a new “Virtual Asset Team” within its Financial Payment Systems Bureau to oversee crypto markets and lead efforts in creating a Korean won-pegged stablecoin. This strategic move reflects increased focus on stablecoin regulation and market readiness as South Korea shifts from CBDC research to practical digital currency initiatives. The …
Stablecoin transaction volume exceeded Visa’s in the first quarter of 2025, nearly doubling the payments giant with over $6 trillion in transfers, according to Bitwise Asset Management. This milestone reflects a surge of more than 30% quarter-over-quarter, underscoring stablecoins’ rapid adoption for global payments, DeFi, remittances, and business settlements. Driven by leading digital assets like …
Ethereum celebrates its 10th anniversary on July 30, 2025, marking a remarkable journey from its early days priced at just $13 in 2016 to trading near $3,800 today. Launched in 2015, Ethereum has evolved from an experimental blockchain to the world’s second-largest platform, powering decentralized applications, NFTs, and the booming DeFi sector. This milestone highlights …
A recent Ripple survey reveals that 90% of global finance leaders expect blockchain technology and digital assets to transform the financial industry within three years. Respondents cited growing confidence in blockchain’s ability to boost transparency, efficiency, and security in traditional finance. The majority anticipate rapid adoption of digital assets for payments and settlements, signaling increased …
Fifteen years ago, Bitcoin’s mysterious creator, Satoshi Nakamoto, famously said, “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” At the time, only a handful grasped Bitcoin’s groundbreaking potential. Today, Bitcoin has emerged as a globally recognized currency and a trusted store of value. Despite …
In a recent expert commentary, executives from BlackRock, the world’s largest asset manager and a leading issuer of cryptocurrency exchange-traded funds (ETFs), identified a significant trend in the cryptocurrency market, particularly for Bitcoin (BTC). They foresee a major surge ahead, driven by recent US legislative developments such as the signing of the GENIUS Act. They assert that these developments bolster the role of stablecoins as key players in the future of digital payments. New Regulatory Landscape For Stablecoins Central to BlackRock’s analysis is the recently enacted GENIUS Act, legislation that aims to establish a comprehensive framework for stablecoins as a means of payment. Stablecoins, digital tokens pegged to traditional currencies such as the US dollar, are gaining significant traction among traditional finance firms seeking to modernize their transactions, and could solidify the dollar’s dominance in global markets. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? Though their current market share is about 7%—equating to approximately $250 billion—the rapid adoption of stablecoins since 2020 indicates a growing acceptance within the financial landscape. The GENIUS Act delineates stablecoins as payment methods rather than investment products, which includes provisions to prohibit interest payments and restrict issuance to federally regulated banks and select nonbanks. This regulatory framework is poised to create a tokenized ecosystem centered around the US dollar, facilitating easier access for users in emerging markets while potentially limiting adoption in major economies due to the ban on interest payments. Additionally, the act specifies the types of assets that stablecoin issuers can hold in reserve, predominantly consisting of repurchase agreements, money market funds, and US Treasury bills with short maturities. Notably, major stablecoin issuers like Tether (USDT) and Circle (USDC) currently hold over $120 billion in Treasury bills, yet this represents only a small fraction of the total outstanding US Treasury bills. BlackRock Optimistic About Bitcoin’s Potential BlackRock’s commentary also suggests that while the demand for Treasury bills may increase as the stablecoin market grows, the overall impact on yields could be limited. This is due to a likely offsetting shift of funds from similar assets rather than generating significant new demand. Furthermore, the US Treasury’s inclination to increase short-term debt issuance to address persistent budget deficits may also dampen any upward pressure on yields. Beyond US borders, other regions are also taking steps to regulate stablecoins. Hong Kong is implementing new regulations aimed at fostering innovation in stablecoins, while Europe is exploring the concept of a digital euro, albeit with limitations to protect traditional banks. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? Should other nations allow interest-bearing stablecoins or pursue central bank digital currencies (CBDCs), the US dollar’s role in trade finance could be at risk, the experts assert, potentially prompting the US to reconsider its stance on interest payments. As digital assets continue to gain mainstream acceptance, the combination of regulatory support and US administration backing suggests a future where Bitcoin and stablecoins play a more integral role in financial systems. BlackRock remains optimistic about Bitcoin’s potential as a distinct return driver and a key asset in diversified investment portfolios. Featured image from DALL-E, chart from TradingView.com
Anchorage Digital, a leading U.S.-based digital asset bank, has purchased 10,141 Bitcoin—valued at approximately $1.19 billion—over a nine-hour span through multiple wallets. The large-scale acquisition reflects rising institutional demand for Bitcoin as a reserve asset and highlights the growing role of regulated financial institutions in the crypto market. Analysts note Anchorage likely used over-the-counter channels …
The crypto world might be gearing up for its next big moment and this time, it’s not just Bitcoin or Ethereum at the center of attention. According to Bloomberg’s ETF analyst James Seyffart, altcoin ETFs could be on the way, possibly as early as this summer. On The New Era Finance Podcast, he discussed the …
In the last 24 hours, the crypto market has been in the red, with top coins experiencing a dip in prices. Bitcoin has dropped slightly to around $117,700, showing signs of weakness after recent gains. Ethereum (ETH) also slid to $3,800, showing a 1% decline, while XRP also saw a drop and now trading at …
BNB price is correcting gains from the $860 zone. The price is now facing hurdles near $820 and might dip again toward the $788 support. BNB price is correcting gains and traded below the $820 support zone. The price is now trading below $810 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $800 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $788 level to start another increase in the near term. BNB Price Trims Some Gains After a steady increase, BNB price failed to clear the $860 zone. There was a downside correction below the $850 and $680 levels, like Ethereum and Bitcoin. The price even dipped below $840 and tested $800. There was a clear move below the 23.6% Fib retracement level of the upward move from the $744 swing low to the $861 high. The bulls are now active near the $800 support zone. There is also a key bullish trend line forming with support at $800 on the hourly chart of the BNB/USD pair. The price is now trading below $810 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $810 level. The next resistance sits near the $820 level. A clear move above the $820 zone could send the price higher. In the stated case, BNB price could test $845. A close above the $845 resistance might set the pace for a larger move toward the $860 resistance. Any more gains might call for a test of the $880 level in the near term. More Losses? If BNB fails to clear the $820 resistance, it could start another decline. Initial support on the downside is near the $800 level. The next major support is near the $788 level. The main support sits at $770. If there is a downside break below the $770 support, the price could drop toward the $750 support. Any more losses could initiate a larger decline toward the $735 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $800 and $788. Major Resistance Levels – $810 and $820.
Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill say they’ll change their not guilty plea relating to charges tied to their crypto mixing service.
Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing of its initial public offering (IPO) of 28,011,111 shares of variable rate series A perpetual stretch preferred stock. Priced at $90 per share, this offering stands out as the largest US IPO of 2025 and one of the most significant crypto-related offerings in recent years, to which STRC is projected to commence trading on the Nasdaq Global Select Market around July 30, 2025. Strategy Set To Boost Bitcoin Holdings According to the official announcement issued on Tuesday, the IPO generated gross proceeds of approximately $2.521 billion, with net proceeds estimated at around $2.474 billion after accounting for underwriting discounts and offering expenses. Related Reading: Ethereum Price To $20,000? ETH Is Mirroring Bitcoin’s Move From 2021 Strategy plans to utilize these funds to acquire 21,021 BTC at an average price of $117,256 each. This acquisition will increase the company’s total Bitcoin holdings to approximately 628,791 Bitcoin, amassed at an aggregate cost of about $46.8 billion, translating to an average purchase price of $73,227 per bitcoin, inclusive of related fees and expenses. These strategic moves have led analysts to anticipate a notable rebound for Strategy’s stock. As reported by NewsBTC, amid a positive shift in Wall Street’s outlook, they are projecting an 84% reduction in the company’s loss per share year-over-year for the second quarter. Analysts expect Strategy to achieve profitability of $7.30 per share this year, marking a remarkable 209% increase compared to the previous year. MSTR Price Target Raised The bullish sentiment surrounding Strategy stock has intensified, particularly following a price upgrade from TD Cowen. Several analysts have revised their price targets upward, reflecting heightened confidence in the company’s strategic trajectory. Barclays analyst Ramsey El-Assal has adjusted his price target for MSTR from $421 to $475, maintaining an “Overweight” rating that underscores his belief in the company’s initiatives. Cantor Fitzgerald analyst Brett Knoblauch slightly lowered his price target from $619 to $614 but retained an “Overweight” rating, expressing faith in Strategy’s ability to maintain its premium net asset value while continuing to expand its Bitcoin holdings. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? Analysts at H.C. Wainwright also raised their price target from $480 to $521 for MSTR, citing the company’s revised guidance for 2025 and its ambitious capital-raising plans. The report further notes that out of 13 analysts covering the stock, 11 recommend a “Strong Buy,” one suggests a “Moderate Buy,” and another has issued a “Strong Sell” rating. The consensus price target currently stands at $543.62, while TD Cowen’s highest target reaches $680. As of this writing, MSTR closed the trading session dropping 9% to its current valuation of $398 per share. Bitcoin, on the other hand, consolidates just 4% below its all-time high at $117,250. Featured image from DALL-E, chart from TradingView.com