$BTC $ETH $XRP 🗞️ Crypto Headlines: 1. Bitcoin makes fresh highs: • BTC smashed above $112,000 intraday, reaching a new all-time high. This has been driven by enormous short liquidations and increasing institutional buying. • The overall crypto market cap has risen back to approximately $3.47 trillion, with security issues remaining. 2. Ethereum also rallying: • ETH jumped about 7%, breaking above $2,700–2,800, backed by good momentum and bullish technical indicators. • Crypto is likely more to avoid than to own now, says financial advisor Ric Edelman, indicating portfolio ranges of 10–40% in crypto. 3. GMX exploit—$40 million stolen: • A large-scale exploit struck GMX's Arbitrum/Avalanche liquidity pools, triggering trading and GLP minting halts after $40 million was siphoned. 4. Altcoins in the spotlight: • XRP breaks through resistance before Ripple's Swell conference in NYC. Some even predict the $10 level at year-end. • Dogecoin bounces back around 6.1% to ~$0.18 on indications of fresh bullish strength. 5. Trump Media seeks crypto ETF: • Trump Media & Tech Group has filed an S-1 with the SEC for a Truth Social Crypto ETF, consisting mainly of 70% BTC, along with ETH, SOL, CRO, XRP, in conjunction with Crypto.com. 6. Global & institutional trends: • Pakistan's central bank is initiating a pilot of its own retail CBDC, with virtual asset regulation law approaching completion. • Australia's RBA is pushing forward with its Project Acacia wholesale CBDC pilot, looking into stablecoins and real-money settlements. #BTCBreaksATH #TrumpTariffs #TruthSocialCryptoBlueChipETF #altcoins #CBCD
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Master the latest news in the cryptocurrency world and gain insights into market trends
Today's latest cryptocurrency news summary: 1. Analysis: Most whales trading PUMP contracts on Hyperliquid are low-leverage trades, likely focused on arbitrage.
2. French fintech company Tractical (formerly BD Multimedia) will raise 1 million euros to acquire more BTC.
3. The Ethereum Foundation has again internally transferred 1,000 ETH to associated addresses.
4. Matrixport Ventures has completed a $3 million equivalent gold token XAUm strategic reserve.
5. The Kingdom of Bhutan has deposited 212.31 BTC to CEX again, with a total deposit of 350.74 BTC over the past 10 days.
6. On July 10, according to the official announcement, Gate will launch PUMP perpetual contract pre-trading (settled in USDT) at 13:00 (UTC+8), supporting 1-10x leverage.
7. A new address has deposited 3 million USDC into HyperLiquid and shorted PUMP.
8. In the past 24 hours, CEX has seen a net outflow of 1,559.71 BTC.
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