Crypto News

Coinbase Bitcoin premium indicates US demand led surge to $112,000

Bitcoin, which had spent much of the past month trading within a narrow range, suddenly broke out to a new all-time high of $112,000 on July 9. The surge coincided with a sharp increase in...

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HyperLiquid breaks $8 billion daily trading volume pushing HYPE token near all-time highs

Hyperliquid’s native token, HYPE, is approaching its all-time high, fueled by the decentralized derivatives exchange capturing over 80% of the on-chain perpetual futures market. The platform has seen its average daily trading volumes increase to...

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Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M

According to a July 9 announcement, Ripple has appointed BNY Mellon as the official reserve custodian for its enterprise-focused stablecoin, Ripple USD (RLUSD). According to a July 9 announcement, BNY Mellon was selected based on its extensive...

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Metaplanet wants to use Bitcoin as collateral to access bank financing

Metaplanet, the Japanese Bitcoin treasury firm, has revealed a bold strategy to convert its growing Bitcoin reserves into capital for acquiring profitable businesses. According to a July 8 Financial Times report, Metaplanet CEO Simon Gerovich...

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BlackRock’s IBIT Bitcoin ETF could surpass Satoshi Nakamoto’s holdings by May 2026

BlackRock’s IBIT Spot Bitcoin ETF has officially crossed 700,000 BTC in assets under management, valued at approximately $76 billion as of July 17. The milestone comes just 18 months after the fund’s launch in January...

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XRP Ledger’s EVM sidechain sees 1,400 smart contracts in first week

The Ethereum Virtual Machine (EVM)-compatible sidechain of the XRP Ledger is showing early signs of traction among developers, with over 1,400 smart contracts deployed just one week after launch. On July 7, Peersyst confirmed the...

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Ethereum grows twice as fast as Bitcoin in latest $1B crypto fund inflow

Crypto investment products continued their strong momentum last week, recording $1.04 billion in inflows, according to the latest CoinShares report. This marks the 12th straight week of positive inflows, pushing the year-to-date total to $18...

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EU grants MiCA licenses to 53 crypto firms, Tether and Binance left behind

More than 50 institutions, including major stablecoin issuers and crypto service providers, have received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework within the first six months of the regulation. On July...

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Dormant Bitcoin holder moves $2 billion BTC from 2011 for potential 14,000,000% gain

Two Bitcoin wallets inactive for 14 years transferred a combined 20,000 BTC, valued at approximately $2.18 billion, on July 4. The transactions originated from separate addresses that held 10,000 BTC since April 3, 2011, when...

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MARA’s $5.4B Bitcoin treasury grows to 50k BTC as miners adopt a HODL strategy

MARA (formerly Marathon Digital) reports its Bitcoin holdings have increased to 49,940 BTC, bringing the digital asset miner to the edge of a major corporate milestone and reinforcing a broader market trend of miners retaining...

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Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

Prediction market data shows traders are wagering millions on the price of Bitcoin reaching levels above $120,000 in 2025. On the decentralized platform Polymarket, a market asking what price Bitcoin will hit in 2025, has...

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Why a handful of altcoins are surging over 30% as Bitcoin trends sideways

While the broader crypto market remains subdued, with both Bitcoin and Ethereum posting slight losses, a select group of altcoins have defied the trend, registering substantial gains over the last 24 hours. These market-defying rallies...

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End of the quarter wipes out billions from Bitcoin open interest

Bitcoin’s derivatives market saw a quiet but meaningful repositioning in July, marked by two liquidation-driven drawdowns in futures and a record expiry event that wiped out over $15 billion in options open interest. These changes...

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Solana’s first staking ETF outpaces XRP and ETH futures in opening day performance

Solana’s institutional appeal has surged, with data showing significant growth in both its staking Exchange-Traded Fund (ETF) and Solana CME futures markets. The impressive performance translated into a 5% rise in SOL’s value in the...

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Bitcoin’s climb past $110k to within 2% of ATH tightens spread between USD and USDT pairs

Bitcoin broke above $110,000 on July 3, capping a multi-day rally that perfectly illustrated the difference in how it trades across fiat and stablecoin markets. On Binance, the largest exchange by trading volume, BTCUSD held...

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Bitcoin realized market cap stacking shows silent strength beneath price action

Bitcoin’s market cap reached a new all-time high in late May, touching $2.22 trillion before retreating to $2.13 trillion at the end of June. But while the headline price wavered, a closer look at Bitcoin’s...

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XRP Ledger payment use surges 430% in 2 years, gains ground in DeFi and tokenization

The XRP Ledger (XRPL) is entering a new growth phase, combining its legacy as a fast and efficient payment network with growing traction in decentralized finance and tokenization. According to data from Dune Analytics, weekly...

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SharpLink earns $540K in rewards after staking entire Ethereum portfolio of nearly 200k ETH

SharpLink, Ethereum’s largest publicly traded holder, has expanded its ETH position, according to a July 1 statement. Between June 23 and June 27, the company acquired an additional 9,468 ETH for approximately $22.8 million, bringing...

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