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The SEC has suspended Grayscale’s plan to convert its Digital Large Cap Fund into a spot ETF and placed it under further review, as the fund was set to list on NYSE Arca and include
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Ethereum (ETH) Price Analysis: ETH Defends $2.5K Support as Bulls Eye Potential Golden Cross Breakout🔹 Ethereum (ETH) is showing strong resilience, holding support around the key $2,500 level despite recent volatility. Trading between $2,468 and $2,633 in the past 24 hours, ETH is in a consolidation phase, with decreasing volume indicating accumulation by long-term holders. Analysts highlight a potential bullish signal—the "golden cross," where the 50-day moving average crosses above the 200-day average—which could signal a sustained upward trend and boost market optimism. $ETH
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Tether Issues 1 Billion USDT on Ethereum Network🔹💲 $ETH
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Bitcoin Above $109K Signals Bullish Control and Potential Breakout 📈 Bitcoin has held steady above the crucial $109,000 support level, invalidating a bearish pattern and confirming that bulls are firmly in control, per Cointelegraph analysis . Technical indicators—like rising moving averages and RSI—support upside momentum, with analysts eyeing possible moves toward $116K and even a breakthrough above $150K if key resistance near $111,980 is surpassed. Meanwhile, strong inflows into spot Bitcoin ETFs and dwindling BTC reserves on exchanges reinforce the bullish case, though a drop below $109K could trigger a pullback to $105K or lower. $BTC
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Stablecoin issuers generated nearly $10bn in revenue over the 12 months ending June 2025, led by Tether at $6.56bn, followed by Circle with $1.89bn, and Sky Protocol and Ethena with $384m and $332m, respectively. #USStablecoinBill
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Jump Crypto Associated Wallet Moves All 7499 Bitcoins After Two-Year Dormancy According to LookIntoChain monitoring, a whale wallet associated with Jump Crypto has just moved all of its 7,499 BTC (worth $816.48 million) to a new wallet after 2 years of inactivity. $BTC #StrategyBTCPurchase
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