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Why is crypto surging today? Bitcoin hits new ATH, XRP holds 2-months high and other altcoins follow
Bitcoin (BTC) price surges toward $120,000 as President Trump's European Union tariff reduction sparks renewed optimism across cryptocurrency markets. Altcoins are following the lead of the oldest cryptocurrency: Ethereum (ETH) is extending this year’s highs, while Dogecoin (DOGE) and XRP are also rising, though both are being held back by local resistance levels.#altcoins #ETH #xrp #BTC #BTC走势分析 $XRP $ETH $BTC
Bitcoin (BTC) price surges toward $120,000 as President Trump's European Union tariff reduction sparks renewed optimism across cryptocurrency markets. Altcoins are following the lead of the oldest cryptocurrency: Ethereum (ETH) is extending this year’s highs, while Dogecoin (DOGE) and XRP are also rising, though both are being held back by local resistance levels.#altcoins #ETH #xrp #BTC #BTC走势分析 $XRP $ETH $BTC
While technical indicators suggest that this uptrend may persist, DOGE’s RSI has pulled back from a peak of 85 seven days ago to 62 today, indicating that profit-taking is well underway.
This selling pressure is, in fact, viewed positively as it stabilizes the coin’s price, which has fallen 11% in the last seven days, but is now up 2% overnight. Once its current price aligns with the 30-day moving average, it could set the stage for a steady climb toward $0.50 by late summer.
Utility for DOGE is also on the rise, with Tesla now accepting it for merchandise purchases, and additional integrations from PayPal and Revolut further expanding its real-world applications.#DOGE #CryptoScamSurge #BinanceHODLerTree #bitcoin $BTC $DOGE
This selling pressure is, in fact, viewed positively as it stabilizes the coin’s price, which has fallen 11% in the last seven days, but is now up 2% overnight. Once its current price aligns with the 30-day moving average, it could set the stage for a steady climb toward $0.50 by late summer.
Utility for DOGE is also on the rise, with Tesla now accepting it for merchandise purchases, and additional integrations from PayPal and Revolut further expanding its real-world applications.#DOGE #CryptoScamSurge #BinanceHODLerTree #bitcoin $BTC $DOGE
This pioneering meme coin garnered widespread attention in 2021 after endorsements from celebrities such as Elon Musk, Gene Simmons, and Snoop Dogg.
Renewed institutional interest this past May has reignited its upward momentum, pushing DOGE toward the $0.25 level. Currently trading at approximately $0.242—up 17% over the past fortnight—DOGE has outperformed Bitcoin, Ethereum, XRP, and Shiba Inu in the same timeframe, once again proving its ability to surge ahead during bullish phases.#xrp #etherium #DOGE #bitcoin #CryptoClarityAct $XRP $BTC $ETH
Renewed institutional interest this past May has reignited its upward momentum, pushing DOGE toward the $0.25 level. Currently trading at approximately $0.242—up 17% over the past fortnight—DOGE has outperformed Bitcoin, Ethereum, XRP, and Shiba Inu in the same timeframe, once again proving its ability to surge ahead during bullish phases.#xrp #etherium #DOGE #bitcoin #CryptoClarityAct $XRP $BTC $ETH
Dogecoin ($DOGE ): Is the First Meme Coin in Crypto Poised to Hit the $1 Price Tag?
Originally created as a tongue-in-cheek project in 2013, Dogecoin ($DOGE ) has evolved into a leading meme coin with a market cap exceeding $36.3 billion and a dedicated global community.#DOGE #Dogecoin #doge⚡ #DOGE原型柴犬KABOSU去世 #Doge🚀🚀🚀 $DOGE
Originally created as a tongue-in-cheek project in 2013, Dogecoin ($DOGE ) has evolved into a leading meme coin with a market cap exceeding $36.3 billion and a dedicated global community.#DOGE #Dogecoin #doge⚡ #DOGE原型柴犬KABOSU去世 #Doge🚀🚀🚀 $DOGE
Despite continued geopolitical uncertainties, this phase of consolidation has fortified Solana’s market base. Key resistance remains positioned at $200 and $250, and a decisive breakout could propel SOL past its previous all-time high of $293.31 and even open the door to surpassing the $300 threshold by autumn.#sol $SOL
Adding to the buzz, President Donald Trump recently suggested that Solana be considered for inclusion in a potential U.S. Crypto Reserve—a program that would hold confiscated Solana assets acquired through enforcement actions.#BinanceHODLerTree #ETHReclaims3800 #sol #solana #solana $SOL
There is rising speculation that Solana could soon receive approval for a spot ETF, similar to those previously granted for Bitcoin and Ethereum. This development might attract strong institutional capital into SOL, reinforcing its position as a robust alternative to Ethereum.#以太坊十周年 #ETHReclaims3800 #DELABSBinanceTGE #BNBATH #BTRPreTGE $SOL $SOL $SOL
Solana ($SOL ): Can This High-Speed Ethereum Challenger Crypto Reach New Price Peaks by Fall?
Solana ($SOL ) has carved out a reputation as a force in the DeFi space, celebrated for its rapid transaction speeds, low fees, and sophisticated smart contract capabilities. Its market cap now exceeds $103.8 billion, and its total value locked (TVL) stands at over $10.3 billion, according to data from DeFiLlama.#BinanceHODLerTree #以太坊十周年 #BinanceHODLerTree #BNBATH #DELABSBinanceTGE $SOL $SOL
$SOL
Solana ($SOL ) has carved out a reputation as a force in the DeFi space, celebrated for its rapid transaction speeds, low fees, and sophisticated smart contract capabilities. Its market cap now exceeds $103.8 billion, and its total value locked (TVL) stands at over $10.3 billion, according to data from DeFiLlama.#BinanceHODLerTree #以太坊十周年 #BinanceHODLerTree #BNBATH #DELABSBinanceTGE $SOL $SOL
$SOL
Ripple (XRP): Cross-Border Crypto Payments Trailblazer Achieves New Price Milestones Ripple’s XRP .
Ripple (XRP): Cross-Border Crypto Payments Trailblazer Achieves New Price Milestones
Ripple’s XRP on July 18, XRP reached a fresh high of $3.65, surpassing its previous 2018 peak of $3.40.
Currently trading at about $3.25, which marks a 10.7% drop from its peak but a 2.2% rise in 24 hours, XRP appears to be entering a consolidation phase. Nevertheless, recent developments have kept trader optimism alive for a renewed upswing.
With its near-instant settlement speeds, minimal fees, and seamless international transactions without intermediaries, XRP has drawn strong institutional interest, including from global organizations like the United Nations.
Following four years of litigation, Ripple achieved a major legal win in 2023 when a U.S. court ruled that XRP’s retail sales did not classify as securities transactions. By 2025, with the SEC closing its case, regulatory uncertainties were resolved, solidifying XRP’s market position.
This newfound regulatory clarity has attracted substantial investment into XRP, resulting in a price increase of over 431% in the past 365 days—far outpacing Bitcoin’s 76.5% growth on the year.
The Relative Strength Index (RSI) for XRP has declined from an overheated 86 seven days ago to 64, indicating mounting selling pressure. After an impressive 49% rally over the past month—well beyond Bitcoin’s 11% gain—traders are beginning to secure their profits, likely extending the sell-off over the weekend and creating a favorable buying opportunity.
Over the past seven days, XRP has dipped by 8.7% and could continue to ease until its RSI nears a neutral 50 and its price aligns with its 30-day moving average. Further downside risk appears limited given the strong psychological support near the previous resistance at $3.
Between late last year and early April, XRP developed a bullish flag pattern—a setup often preceding strong upward movements—which suggests that a climb toward $4 might be on the horizon by autumn.#BinanceHODLerTree #以太坊十周年 #Binance #CryptoClarityAct #CryptoClarityAct #BNBATH $XRP
Ripple’s XRP on July 18, XRP reached a fresh high of $3.65, surpassing its previous 2018 peak of $3.40.
Currently trading at about $3.25, which marks a 10.7% drop from its peak but a 2.2% rise in 24 hours, XRP appears to be entering a consolidation phase. Nevertheless, recent developments have kept trader optimism alive for a renewed upswing.
With its near-instant settlement speeds, minimal fees, and seamless international transactions without intermediaries, XRP has drawn strong institutional interest, including from global organizations like the United Nations.
Following four years of litigation, Ripple achieved a major legal win in 2023 when a U.S. court ruled that XRP’s retail sales did not classify as securities transactions. By 2025, with the SEC closing its case, regulatory uncertainties were resolved, solidifying XRP’s market position.
This newfound regulatory clarity has attracted substantial investment into XRP, resulting in a price increase of over 431% in the past 365 days—far outpacing Bitcoin’s 76.5% growth on the year.
The Relative Strength Index (RSI) for XRP has declined from an overheated 86 seven days ago to 64, indicating mounting selling pressure. After an impressive 49% rally over the past month—well beyond Bitcoin’s 11% gain—traders are beginning to secure their profits, likely extending the sell-off over the weekend and creating a favorable buying opportunity.
Over the past seven days, XRP has dipped by 8.7% and could continue to ease until its RSI nears a neutral 50 and its price aligns with its 30-day moving average. Further downside risk appears limited given the strong psychological support near the previous resistance at $3.
Between late last year and early April, XRP developed a bullish flag pattern—a setup often preceding strong upward movements—which suggests that a climb toward $4 might be on the horizon by autumn.#BinanceHODLerTree #以太坊十周年 #Binance #CryptoClarityAct #CryptoClarityAct #BNBATH $XRP
Crypto pioneer Bitcoin’s recent surge to an all-time high (ATH) price of $122,838 last Monday .
Crypto pioneer Bitcoin’s recent surge to an all-time high (ATH) price of $122,838 last Monday has reignited bullish sentiment among traders. Even though the asset has pulled back by 3.2% since then, market optimism persists for the possibility of another breakout given Bitcoin is still sailing at a relative high.
The swift climb in Bitcoin’s price has simultaneously lifted major altcoins and numerous top meme coins. In the past year, tokens like XRP, TRON, Sui Network, Solana, Pepe, Trump, SPX6900, and FartCoin have each hit new record highs, bolstering confidence in a wider market upswing.
At present, the overall crypto market capitalization is hovering just over $4 trillion. A modest market correction of 2.6% over the last 24 hours indicates a stabilization phase as prices settle following some robust recent upward momentum.
As anticipation builds for a major bull run, investors are increasingly focusing on digital assets that might eclipse their former peak values.#BinanceHODLerTree #以太坊十周年 #以太坊十周年 #以太坊十周年 #US-EUTradeAgreement #BinanceHODLerTree #CryptoClarityAct #BTRPreTGE $BTC
The swift climb in Bitcoin’s price has simultaneously lifted major altcoins and numerous top meme coins. In the past year, tokens like XRP, TRON, Sui Network, Solana, Pepe, Trump, SPX6900, and FartCoin have each hit new record highs, bolstering confidence in a wider market upswing.
At present, the overall crypto market capitalization is hovering just over $4 trillion. A modest market correction of 2.6% over the last 24 hours indicates a stabilization phase as prices settle following some robust recent upward momentum.
As anticipation builds for a major bull run, investors are increasingly focusing on digital assets that might eclipse their former peak values.#BinanceHODLerTree #以太坊十周年 #以太坊十周年 #以太坊十周年 #US-EUTradeAgreement #BinanceHODLerTree #CryptoClarityAct #BTRPreTGE $BTC
The Ether Machine, a new crypto venture formed through the merger of Ether Reserve and Dynamix
The Ether Machine, a new crypto venture formed through the merger of Ether Reserve and Dynamix Corporation (DYNX), is preparing to go public after raising over 400,000 ether (ETH-USD), equivalent to $1.5 billion, offering the public a new way to access cryptocurrency yields.
The news came after a week when the ethereum cryptocurrency surged by over 20%, leading some to predict that it could pass $4,000 and sending long-term predictions into the $10,000s.
The news came after a week when the ethereum cryptocurrency surged by over 20%, leading some to predict that it could pass $4,000 and sending long-term predictions into the $10,000s.
What Happened in Crypto Today Table of Contents CMC Crypto News What Happened in Crypto Today .
What Happened in Crypto Today
Table of Contents
CMC Crypto News
What Happened in Crypto Today
By Yousra Anwar Ahmed
3m
Created 6mo ago, last updated 4d ago
Here is a 2-minute breakdown of everything important that happened in crypto today.
Table of Contents
Mystery Whale Drops Ten Mil on CryptoPunksStrategy Just Joined the Most Exclusive Club on Wall StreetEthereum Just Stole Bitcoin's ThunderTrump Media Built a Secret Bitcoin FortressTiny Company Bets Half a Billion on Dogecoin
Before we begin, take a sec to sign up for our newsletter below, and become the first ones to receive alphas straight to your inbox!
Sign Me Up For Alphas!
The altcoin season might finally be starting.
ETH just grabbed the spotlight from Bitcoin in the most unexpected way. ETH ETFs pulled in $2.2 billion last week while Bitcoin funds saw minimal action, and the numbers are telling a pretty clear story.
Bitcoin dominance crashed to 59.7% while the Altcoin Season Index jumped to 56. With the Fear and Greed Index sitting at 67, traders are going full degen mode chasing anything that isn't Bitcoin.
So what's really driving this shift? Let's break down today's biggest crypto stories!
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections. Could this single whale move signal the start of NFT season?Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations. How is MicroStrategy funding these massive Bitcoin purchases?ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action. What's driving institutions to dump Bitcoin for Ethereum?The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets. What are Trump Media's next moves with Bitcoin?Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens. Why did they choose Dogecoin over Bitcoin or Ethereum?
Mystery Whale Drops Ten Mil on CryptoPunks
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections.
Pudgy Penguins floor prices jumped 13% to over $63,000.
The buying spread fast. Bored Apes climbed 23%, Moonbirds and Azuki both posted double-digit gains.
Strategy Just Joined the Most Exclusive Club on Wall Street
Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations.
Their Bitcoin holdings now exceed ExxonMobil's cash reserves and rank ninth among all S&P 500 companies for liquid assets.
Strategy now controls close to 3% of Bitcoin's total supply.
Ethereum Just Stole Bitcoin's Thunder
ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action.
That represents more than a third of all ETH ETF inflows for the year happening in just seven days.
Digital asset products have seen 14 consecutive weeks of inflows, reaching $220 billion in total assets under management.
Trump Media Built a Secret Bitcoin Fortress
The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets.
Trump Media stock jumped 6% on the announcement, making them one of the largest corporate Bitcoin holders.
Tiny Company Bets Half a Billion on Dogecoin
Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens.
The purchase represents 22% of their entire market cap.
They join other companies building crypto treasuries, but chose the meme coin over Bitcoin or Ethereum.#CryptoScamSurge #Ahmad
#AmericaAIActionPlan #cryptouniverseofficial #BTC走势分析
Table of Contents
CMC Crypto News
What Happened in Crypto Today
By Yousra Anwar Ahmed
3m
Created 6mo ago, last updated 4d ago
Here is a 2-minute breakdown of everything important that happened in crypto today.
Table of Contents
Mystery Whale Drops Ten Mil on CryptoPunksStrategy Just Joined the Most Exclusive Club on Wall StreetEthereum Just Stole Bitcoin's ThunderTrump Media Built a Secret Bitcoin FortressTiny Company Bets Half a Billion on Dogecoin
Before we begin, take a sec to sign up for our newsletter below, and become the first ones to receive alphas straight to your inbox!
Sign Me Up For Alphas!
The altcoin season might finally be starting.
ETH just grabbed the spotlight from Bitcoin in the most unexpected way. ETH ETFs pulled in $2.2 billion last week while Bitcoin funds saw minimal action, and the numbers are telling a pretty clear story.
Bitcoin dominance crashed to 59.7% while the Altcoin Season Index jumped to 56. With the Fear and Greed Index sitting at 67, traders are going full degen mode chasing anything that isn't Bitcoin.
So what's really driving this shift? Let's break down today's biggest crypto stories!
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections. Could this single whale move signal the start of NFT season?Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations. How is MicroStrategy funding these massive Bitcoin purchases?ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action. What's driving institutions to dump Bitcoin for Ethereum?The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets. What are Trump Media's next moves with Bitcoin?Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens. Why did they choose Dogecoin over Bitcoin or Ethereum?
Mystery Whale Drops Ten Mil on CryptoPunks
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections.
Pudgy Penguins floor prices jumped 13% to over $63,000.
The buying spread fast. Bored Apes climbed 23%, Moonbirds and Azuki both posted double-digit gains.
Strategy Just Joined the Most Exclusive Club on Wall Street
Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations.
Their Bitcoin holdings now exceed ExxonMobil's cash reserves and rank ninth among all S&P 500 companies for liquid assets.
Strategy now controls close to 3% of Bitcoin's total supply.
Ethereum Just Stole Bitcoin's Thunder
ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action.
That represents more than a third of all ETH ETF inflows for the year happening in just seven days.
Digital asset products have seen 14 consecutive weeks of inflows, reaching $220 billion in total assets under management.
Trump Media Built a Secret Bitcoin Fortress
The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets.
Trump Media stock jumped 6% on the announcement, making them one of the largest corporate Bitcoin holders.
Tiny Company Bets Half a Billion on Dogecoin
Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens.
The purchase represents 22% of their entire market cap.
They join other companies building crypto treasuries, but chose the meme coin over Bitcoin or Ethereum.#CryptoScamSurge #Ahmad
#AmericaAIActionPlan #cryptouniverseofficial #BTC走势分析
What Happened in Crypto Today Table of Contents CMC Crypto News What Happened in Crypto Today .
What Happened in Crypto Today
Table of Contents
CMC Crypto News
What Happened in Crypto Today
By Yousra Anwar Ahmed
3m
Created 6mo ago, last updated 4d ago
Here is a 2-minute breakdown of everything important that happened in crypto today.
Table of Contents
Mystery Whale Drops Ten Mil on CryptoPunksStrategy Just Joined the Most Exclusive Club on Wall StreetEthereum Just Stole Bitcoin's ThunderTrump Media Built a Secret Bitcoin FortressTiny Company Bets Half a Billion on Dogecoin
Before we begin, take a sec to sign up for our newsletter below, and become the first ones to receive alphas straight to your inbox!
Sign Me Up For Alphas!
The altcoin season might finally be starting.
ETH just grabbed the spotlight from Bitcoin in the most unexpected way. ETH ETFs pulled in $2.2 billion last week while Bitcoin funds saw minimal action, and the numbers are telling a pretty clear story.
Bitcoin dominance crashed to 59.7% while the Altcoin Season Index jumped to 56. With the Fear and Greed Index sitting at 67, traders are going full degen mode chasing anything that isn't Bitcoin.
So what's really driving this shift? Let's break down today's biggest crypto stories!
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections. Could this single whale move signal the start of NFT season?Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations. How is MicroStrategy funding these massive Bitcoin purchases?ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action. What's driving institutions to dump Bitcoin for Ethereum?The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets. What are Trump Media's next moves with Bitcoin?Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens. Why did they choose Dogecoin over Bitcoin or Ethereum?
Mystery Whale Drops Ten Mil on CryptoPunks
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections.
Pudgy Penguins floor prices jumped 13% to over $63,000.
The buying spread fast. Bored Apes climbed 23%, Moonbirds and Azuki both posted double-digit gains.
Strategy Just Joined the Most Exclusive Club on Wall Street
Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations.
Their Bitcoin holdings now exceed ExxonMobil's cash reserves and rank ninth among all S&P 500 companies for liquid assets.
Strategy now controls close to 3% of Bitcoin's total supply.
Ethereum Just Stole Bitcoin's Thunder
ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action.
That represents more than a third of all ETH ETF inflows for the year happening in just seven days.
Digital asset products have seen 14 consecutive weeks of inflows, reaching $220 billion in total assets under management.
Trump Media Built a Secret Bitcoin Fortress
The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets.
Trump Media stock jumped 6% on the announcement, making them one of the largest corporate Bitcoin holders.
Tiny Company Bets Half a Billion on Dogecoin
Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens.
The purchase represents 22% of their entire market cap.
They join other companies building crypto treasuries, but chose the meme coin over Bitcoin or Ethereum.h
Table of Contents
CMC Crypto News
What Happened in Crypto Today
By Yousra Anwar Ahmed
3m
Created 6mo ago, last updated 4d ago
Here is a 2-minute breakdown of everything important that happened in crypto today.
Table of Contents
Mystery Whale Drops Ten Mil on CryptoPunksStrategy Just Joined the Most Exclusive Club on Wall StreetEthereum Just Stole Bitcoin's ThunderTrump Media Built a Secret Bitcoin FortressTiny Company Bets Half a Billion on Dogecoin
Before we begin, take a sec to sign up for our newsletter below, and become the first ones to receive alphas straight to your inbox!
Sign Me Up For Alphas!
The altcoin season might finally be starting.
ETH just grabbed the spotlight from Bitcoin in the most unexpected way. ETH ETFs pulled in $2.2 billion last week while Bitcoin funds saw minimal action, and the numbers are telling a pretty clear story.
Bitcoin dominance crashed to 59.7% while the Altcoin Season Index jumped to 56. With the Fear and Greed Index sitting at 67, traders are going full degen mode chasing anything that isn't Bitcoin.
So what's really driving this shift? Let's break down today's biggest crypto stories!
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections. Could this single whale move signal the start of NFT season?Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations. How is MicroStrategy funding these massive Bitcoin purchases?ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action. What's driving institutions to dump Bitcoin for Ethereum?The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets. What are Trump Media's next moves with Bitcoin?Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens. Why did they choose Dogecoin over Bitcoin or Ethereum?
Mystery Whale Drops Ten Mil on CryptoPunks
An unknown buyer swept $10 million worth of CryptoPunks over the weekend, triggering a chain reaction across NFT collections.
Pudgy Penguins floor prices jumped 13% to over $63,000.
The buying spread fast. Bored Apes climbed 23%, Moonbirds and Azuki both posted double-digit gains.
Strategy Just Joined the Most Exclusive Club on Wall Street
Michael Saylor's company bought another $739.8 million in Bitcoin last week, pushing their total stash above major corporations.
Their Bitcoin holdings now exceed ExxonMobil's cash reserves and rank ninth among all S&P 500 companies for liquid assets.
Strategy now controls close to 3% of Bitcoin's total supply.
Ethereum Just Stole Bitcoin's Thunder
ETH ETFs pulled in $2.2 billion last week, nearly doubling the previous record, while Bitcoin funds saw minimal action.
That represents more than a third of all ETH ETF inflows for the year happening in just seven days.
Digital asset products have seen 14 consecutive weeks of inflows, reaching $220 billion in total assets under management.
Trump Media Built a Secret Bitcoin Fortress
The Truth Social parent company revealed a $2 billion Bitcoin position, representing two-thirds of their total liquid assets.
Trump Media stock jumped 6% on the announcement, making them one of the largest corporate Bitcoin holders.
Tiny Company Bets Half a Billion on Dogecoin
Bit Origin secured $500 million in funding to build a Dogecoin treasury, immediately purchasing over 40 million DOGE tokens.
The purchase represents 22% of their entire market cap.
They join other companies building crypto treasuries, but chose the meme coin over Bitcoin or Ethereum.h
Here's a quick recap of the crypto landscape for Wednesday (July 23) as of 9:00 p.m. UTC.
Here's a quick recap of the crypto landscape for Wednesday (July 23) as of 9:00 p.m. UTC.
Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ethereum price update
Bitcoin (BTC) was priced at US$118,148, down by 0.7 percent over the last 24 hours. Its highest valuation on Wednesday was US$118,462, while its lowest valuation was US$117,583.
Bitcoin price performance, July 23, 2025.
Chart via TradingView.
Bitcoin traded lower over the past 24 hours, hovering between $117,000 and $120,000 amid several market pressures.
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A major whale moved over US$1.2 billion in dormant BTC, sparking speculation of potential selling.
After a rotation into altcoins, investors took profits following recent highs, while outflows from spot exchange-traded funds (ETFs) signaled weaker institutional demand.
Ethereum (ETH) was priced at US$3,592.65, down by 1.9 percent over the past 24 hours. Its lowest valuation as of Wednesday was US$3,568.86, and its highest was US$3,657.02.
Altcoin price update
Solana (SOL) was priced at US$188.86, down by 5.5 percent over 24 hours. Its lowest valuation on Wednesday was US$186.95, and its highest was US$192.58.
XRP was trading for US$3.25, down 8.9 percent in the past 24 hours. Its lowest valuation of the day was US$3.18, and its highest valuation was US$3.36.
Sui (SUI) is trading at US$3.70, down 5.5 percent over the past 24 hours. Its lowest valuation of the day was US$3.67, and its highest was US$3.84.
Cardano (ADA) was trading at US$0.8152, down by 6.9 percent over 24 hours. Its lowest valuation on Wednesday was US$0.8058, and its highest was US$0.8370.
Today's crypto news to know
PNC Bank and Coinbase partner to advance digital asset solutions
PNC Bank and Coinbase Global (NASDAQ:COIN) have announced a strategic partnership to broaden access to digital asset solutions for PNC's clients and institutional investors.
The collaboration will leverage Coinbase's crypto-as-a-service platform, enabling PNC to offer secure and scalable cryptocurrency access. PNC clients will be able to buy, hold and sell cryptocurrencies directly through PNC's platform.
PNC will also provide essential banking services to Coinbase, signifying a mutual commitment to strengthening the digital financial system. Both companies emphasize that this partnership will meet the increasing demand for secure and streamlined digital asset access.
Goldman Sachs and BNY to launch tokenized money market funds
Goldman Sachs (NYSE:GS) and BNY (NYSE:BK) are preparing to offer institutional investors access to tokenized money market funds, aiming to enhance capital markets with real-time settlement, 24/7 access and increased efficiencies.
BNY clients will soon be able to invest in money market funds with ownership recorded on Goldman Sachs’ private blockchain, as per a Wednesday news release.
“As the financial system transitions toward a more digital, real-time architecture, BNY is committed to enabling scalable and secure solutions that shape the future of finance,” said Laide Majiyagbe, global head of liquidity, financing and collateral at BNY, adding that mirrored tokenization of money market funds is the first step.
This initiative involves major players such as BlackRock (NYSE:BLK), Fidelity Investments, Federated Hermes and the asset management divisions of Goldman and BNY.
Tokenized money market funds offer a contrast to interest-bearing stablecoins, which are specifically prohibited under the GENIUS Act, which was signed into law last week. They provide yield, which makes them a low-volatility tool for hedge funds, pensions and corporations.
SEC halts Bitwise crypto index ETF conversion for review
On Tuesday (July 22), the US Securities and Exchange Commission's (SEC) Division of Trading and Markets approved the Bitwise 10 Crypto Index to convert to an ETF, only to immediately pause it for review.
In a letter issued later that day, SEC Assistant Secretary Sherry Haywood said that the order will remain “stayed until the Commission orders otherwise.” Bloomberg ETF analyst Eric Balchunas has suggested that the SEC might be delaying its approval until it establishes a listing standard for crypto ETFs.
Bitwise had applied for this conversion in November for its fund, which offers exposure to a range of cryptocurrencies.
Nate Geraci, president of NovaDius Wealth Management, described the situation as “bizarre,” drawing parallels to the Grayscale Digital Large Cap ETF conversion, which experienced a similar approval and subsequent pause on July 1.
Bitcoin millionaires surge by 16,000 in 2025, according to report
Nearly 16,000 new Bitcoin wallets have crossed the million-dollar threshold since Donald Trump assumed the presidency in January 2025, according to a Finbold report. The number of Bitcoin millionaires is up from 132,842 in November 2024 to 192,205 as of July 20, marking a 45 percent increase in just eight months.
Large holders with over US$10 million in BTC also saw gains exceeding 16 percent in the same period.
The surge has been linked to renewed investor optimism following Trump’s re-election, along with clear signals of regulatory support and clarity for digital assets.
A significant boost came this week when the US House passed the Genius Act. The legislation, expected to streamline compliance for institutions, is widely seen as the most comprehensive federal crypto framework to date.
The rapidly changing policy environment has encouraged capital inflows and bolstered confidence in US-based crypto markets, with the resulting daily average tallying to 88 new Bitcoin millionaires in 2025 alone.
South Korea warns fund managers to reduce exposure to crypto stocks
South Korea’s Financial Supervisory Service (FSS) has issued informal warnings to asset managers over their exposure to crypto-related stocks and ETFs. According to the Korea Herald, firms with significant holdings in US-listed crypto companies such as Coinbase and Strategy (NASDAQ:MSTR) were reportedly told to scale back.
The directive follows the FSS’s longstanding 2017 stance prohibiting direct investment in virtual assets by financial institutions, despite recent global shifts in crypto regulation. While the agency has been reviewing possible easing of crypto rules, officials reportedly said that licensed entities must continue observing current guidelines.
The FSS has not yet issued a formal statement regarding the report.
PayPal unveils cross-border wallet platform
PayPal (NASDAQ:PYPL) has launched PayPal World, a cross-border payments network that integrates several of the world’s largest digital wallets, aiming to simplify international commerce for billions.
The platform’s initial partners include India’s UPI (via NPCI International), China’s Weixin Pay (via Tenpay Global) and PayPal’s own services including Venmo.
A memorandum of understanding has also been signed with Mercado Pago in Latin America.
According to PayPal CEO Alex Chriss, the initiative allows users to pay with their native wallets regardless of location. Chriss called it a potential “game changer” for frictionless payments in travel and e-commerce.
“The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses," Chriss said a recent press release.
Don't forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ethereum price update
Bitcoin (BTC) was priced at US$118,148, down by 0.7 percent over the last 24 hours. Its highest valuation on Wednesday was US$118,462, while its lowest valuation was US$117,583.
Bitcoin price performance, July 23, 2025.
Chart via TradingView.
Bitcoin traded lower over the past 24 hours, hovering between $117,000 and $120,000 amid several market pressures.
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A major whale moved over US$1.2 billion in dormant BTC, sparking speculation of potential selling.
After a rotation into altcoins, investors took profits following recent highs, while outflows from spot exchange-traded funds (ETFs) signaled weaker institutional demand.
Ethereum (ETH) was priced at US$3,592.65, down by 1.9 percent over the past 24 hours. Its lowest valuation as of Wednesday was US$3,568.86, and its highest was US$3,657.02.
Altcoin price update
Solana (SOL) was priced at US$188.86, down by 5.5 percent over 24 hours. Its lowest valuation on Wednesday was US$186.95, and its highest was US$192.58.
XRP was trading for US$3.25, down 8.9 percent in the past 24 hours. Its lowest valuation of the day was US$3.18, and its highest valuation was US$3.36.
Sui (SUI) is trading at US$3.70, down 5.5 percent over the past 24 hours. Its lowest valuation of the day was US$3.67, and its highest was US$3.84.
Cardano (ADA) was trading at US$0.8152, down by 6.9 percent over 24 hours. Its lowest valuation on Wednesday was US$0.8058, and its highest was US$0.8370.
Today's crypto news to know
PNC Bank and Coinbase partner to advance digital asset solutions
PNC Bank and Coinbase Global (NASDAQ:COIN) have announced a strategic partnership to broaden access to digital asset solutions for PNC's clients and institutional investors.
The collaboration will leverage Coinbase's crypto-as-a-service platform, enabling PNC to offer secure and scalable cryptocurrency access. PNC clients will be able to buy, hold and sell cryptocurrencies directly through PNC's platform.
PNC will also provide essential banking services to Coinbase, signifying a mutual commitment to strengthening the digital financial system. Both companies emphasize that this partnership will meet the increasing demand for secure and streamlined digital asset access.
Goldman Sachs and BNY to launch tokenized money market funds
Goldman Sachs (NYSE:GS) and BNY (NYSE:BK) are preparing to offer institutional investors access to tokenized money market funds, aiming to enhance capital markets with real-time settlement, 24/7 access and increased efficiencies.
BNY clients will soon be able to invest in money market funds with ownership recorded on Goldman Sachs’ private blockchain, as per a Wednesday news release.
“As the financial system transitions toward a more digital, real-time architecture, BNY is committed to enabling scalable and secure solutions that shape the future of finance,” said Laide Majiyagbe, global head of liquidity, financing and collateral at BNY, adding that mirrored tokenization of money market funds is the first step.
This initiative involves major players such as BlackRock (NYSE:BLK), Fidelity Investments, Federated Hermes and the asset management divisions of Goldman and BNY.
Tokenized money market funds offer a contrast to interest-bearing stablecoins, which are specifically prohibited under the GENIUS Act, which was signed into law last week. They provide yield, which makes them a low-volatility tool for hedge funds, pensions and corporations.
SEC halts Bitwise crypto index ETF conversion for review
On Tuesday (July 22), the US Securities and Exchange Commission's (SEC) Division of Trading and Markets approved the Bitwise 10 Crypto Index to convert to an ETF, only to immediately pause it for review.
In a letter issued later that day, SEC Assistant Secretary Sherry Haywood said that the order will remain “stayed until the Commission orders otherwise.” Bloomberg ETF analyst Eric Balchunas has suggested that the SEC might be delaying its approval until it establishes a listing standard for crypto ETFs.
Bitwise had applied for this conversion in November for its fund, which offers exposure to a range of cryptocurrencies.
Nate Geraci, president of NovaDius Wealth Management, described the situation as “bizarre,” drawing parallels to the Grayscale Digital Large Cap ETF conversion, which experienced a similar approval and subsequent pause on July 1.
Bitcoin millionaires surge by 16,000 in 2025, according to report
Nearly 16,000 new Bitcoin wallets have crossed the million-dollar threshold since Donald Trump assumed the presidency in January 2025, according to a Finbold report. The number of Bitcoin millionaires is up from 132,842 in November 2024 to 192,205 as of July 20, marking a 45 percent increase in just eight months.
Large holders with over US$10 million in BTC also saw gains exceeding 16 percent in the same period.
The surge has been linked to renewed investor optimism following Trump’s re-election, along with clear signals of regulatory support and clarity for digital assets.
A significant boost came this week when the US House passed the Genius Act. The legislation, expected to streamline compliance for institutions, is widely seen as the most comprehensive federal crypto framework to date.
The rapidly changing policy environment has encouraged capital inflows and bolstered confidence in US-based crypto markets, with the resulting daily average tallying to 88 new Bitcoin millionaires in 2025 alone.
South Korea warns fund managers to reduce exposure to crypto stocks
South Korea’s Financial Supervisory Service (FSS) has issued informal warnings to asset managers over their exposure to crypto-related stocks and ETFs. According to the Korea Herald, firms with significant holdings in US-listed crypto companies such as Coinbase and Strategy (NASDAQ:MSTR) were reportedly told to scale back.
The directive follows the FSS’s longstanding 2017 stance prohibiting direct investment in virtual assets by financial institutions, despite recent global shifts in crypto regulation. While the agency has been reviewing possible easing of crypto rules, officials reportedly said that licensed entities must continue observing current guidelines.
The FSS has not yet issued a formal statement regarding the report.
PayPal unveils cross-border wallet platform
PayPal (NASDAQ:PYPL) has launched PayPal World, a cross-border payments network that integrates several of the world’s largest digital wallets, aiming to simplify international commerce for billions.
The platform’s initial partners include India’s UPI (via NPCI International), China’s Weixin Pay (via Tenpay Global) and PayPal’s own services including Venmo.
A memorandum of understanding has also been signed with Mercado Pago in Latin America.
According to PayPal CEO Alex Chriss, the initiative allows users to pay with their native wallets regardless of location. Chriss called it a potential “game changer” for frictionless payments in travel and e-commerce.
“The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses," Chriss said a recent press release.
Don't forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
From Your Site Articles
Beyond Bitcoin: An Investor's Guide to the Altcoin Landscape ›Crypto Market Forecast: Top Trends for Crypto in 2025 ›13 Canadian Crypto ETFs (Updated 2025) ›6 Biggest Crypto Mining Stocks ›Top 10 Cryptocurrencies in 2024 ›
Related Articles Around the Web
Cryptocurrency - Wikipedia ›
NASDAQ:MSTR
olcon Inc., recently rebranded as Empery Digital, is making headlines by holding a substantial.
olcon Inc., recently rebranded as Empery Digital, is making headlines by holding a substantial Bitcoin treasury valued at approximately $375 million, acquired at peak prices. This strategy contrasts with earlier adopters like Strategy, which capitalized on lower prices. Meanwhile, the cryptocurrency market is witnessing significant movements, with BONK testing critical support levels, and MANA trading within a long-standing range, indicating a cautious market sentiment. Additionally, the tokenization of money market funds is gaining traction, driven by the rise of stablecoins and recent legislative changes like the US GENIUS Act. This act aims to enhance digital dollar usage and could bolster the competitiveness of traditional funds. Galaxy Digital's CEO, Mike Novogratz, predicts Ethereum will outperform Bitcoin in the near future, highlighting a shift in corporate treasury strategies towards Ethereum, as evidenced by increasing institutional interest and ETF inflows. As the landscape evolves, these developments reflect a dynamic interplay between traditional finance and the burgeoning cryptocurrency market.#CryptoScamSurge #ETHBreaks3700 #BTCvsETH #CryptoScamSurge #NFTMarketWatch $BTC
Ether’s ‘extreme euphoria’ social chatter could be a red flag for price Ether’s recent price rally
Ether’s ‘extreme euphoria’ social chatter could be a red flag for price
Ether’s recent price rally may be due for a cooldown, as a surge in social media mentions — reaching levels of “extreme euphoria” — points to the potential for a near term correction, according to sentiment platform Santiment.
However, other indicators suggest Ether’s
ETH
$3,746
rally may still have room to run, which has gained more than 50% over the past 30 days.
“Social metrics are flashing warning signs. Since early May, Ethereum's price ratio against Bitcoin has surged by an incredible 70%,” Santiment said in a report on Friday.
“This has led to extreme euphoria and a massive spike in social dominance, which is often a red flag,” Santiment added.
The sentiment provider explained that when social dominance of a cryptocurrency spikes to “unusually high levels,” it signals the asset may be overvalued. “It suggests the asset is over-hyped and the trade is becoming crowded, increasing the risk of a price correction,” the sentiment platform explained.
Roman Storm’s team expected to close case next week, developer may still testify
Defense attorneys representing Tornado Cash co-founder and developer Roman Storm will reportedly rest their case sometime next week, sending the matter to the jury.
According to reporting from Inner City Press on Friday, Judge Katherine Failla said she expected to hear closing statements from prosecutors and Storm’s legal team on Tuesday or Wednesday. The timeline gives the Tornado Cash co-founder roughly five days to present his defense in court.
Whether Storm intends to take the stand in his own defense was unclear as of Friday. Before his trial started, the Tornado Cash co-founder gave an interview in which he said he “may or may not” testify. #CryptoScamSurge #AmericaAIActionPlan #AmericaAIActionPlan #TrumpBitcoinEmpire #TrumpBitcoinEmpire #BTCvsETH #ETHBreaks3700 $BTC $ETH $XRP
Ether’s recent price rally may be due for a cooldown, as a surge in social media mentions — reaching levels of “extreme euphoria” — points to the potential for a near term correction, according to sentiment platform Santiment.
However, other indicators suggest Ether’s
ETH
$3,746
rally may still have room to run, which has gained more than 50% over the past 30 days.
“Social metrics are flashing warning signs. Since early May, Ethereum's price ratio against Bitcoin has surged by an incredible 70%,” Santiment said in a report on Friday.
“This has led to extreme euphoria and a massive spike in social dominance, which is often a red flag,” Santiment added.
The sentiment provider explained that when social dominance of a cryptocurrency spikes to “unusually high levels,” it signals the asset may be overvalued. “It suggests the asset is over-hyped and the trade is becoming crowded, increasing the risk of a price correction,” the sentiment platform explained.
Roman Storm’s team expected to close case next week, developer may still testify
Defense attorneys representing Tornado Cash co-founder and developer Roman Storm will reportedly rest their case sometime next week, sending the matter to the jury.
According to reporting from Inner City Press on Friday, Judge Katherine Failla said she expected to hear closing statements from prosecutors and Storm’s legal team on Tuesday or Wednesday. The timeline gives the Tornado Cash co-founder roughly five days to present his defense in court.
Whether Storm intends to take the stand in his own defense was unclear as of Friday. Before his trial started, the Tornado Cash co-founder gave an interview in which he said he “may or may not” testify. #CryptoScamSurge #AmericaAIActionPlan #AmericaAIActionPlan #TrumpBitcoinEmpire #TrumpBitcoinEmpire #BTCvsETH #ETHBreaks3700 $BTC $ETH $XRP
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