Latest Crypto News (as of July 31, 2025):

Bitcoin Price Movement: Bitcoin has been consolidating just below $120,000 after hitting a new all-time high above this level earlier this month. Analysts suggest a potential breakout toward $140,000 if it clears the $125,000 resistance, driven by institutional inflows and positive regulatory developments. However, a negative Coinbase Premium Index indicates some bearish pressure in the short term.

Ethereum ETF Inflows and Anniversary: Ethereum celebrated its 10th anniversary on July 30, 2025, with its price hovering around $3,800 after briefly testing $3,900. Ether exchange-traded funds (ETFs) have seen 18 consecutive days of inflows, totaling $219 million recently, reflecting growing institutional interest. However, a bearish RSI divergence warns of a possible short-term correction.

Regulatory Developments:

The U.S. Securities and Exchange Commission (SEC) approved in-kind creations and redemptions for Bitcoin and Ethereum ETFs, aligning them closer to traditional ETFs. This could trigger a $710 billion supply squeeze for Bitcoin ETFs, boosting institutional adoption.

The U.S. House passed the “GENIUS Act” to regulate stablecoins, a significant step toward integrating digital assets into mainstream finance. President Trump is expected to sign it into law.

Hong Kong will enforce new stablecoin regulations starting August 1, 2025, with a six-month transition period for issuers.

Altcoin Updates:

XRP: Ripple CEO Brad Garlinghouse expressed optimism about working with new SEC leadership, hinting at a potential settlement in the ongoing Ripple-SEC lawsuit by April or May 2026. An XRP ETF is also gaining traction, with Teucrium’s 2x XRP ETF seeing $300 million in flows.

Solana: Solana dipped below $183, with bearish signals from a negative Spot Taker Cumulative Volume Delta (CVD). However, it remains a strong performer among altcoins this year.

Cardano: Charles Hoskinson suggested Cardano could outperform Bitcoin and serve as its yield layer, though its price dropped nearly 5% recently.