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Author: James Wilson
SEI is showing renewed strength after confirming a breakout from an inverse head and shoulders pattern. According to data from crypto.news, Sei (SEI) surged over 26% on July 11 to reach a six-month high of $0.33, before settling at $0.32. The token remains up approximately 113% from its lows last month. Its market capitalization now stands at $1.78 billion, ranking it as the 70th largest digital asset, while daily trading volume jumped by over 200%, reflecting a sharp increase in market participation. SEI’s price surged after the team announced that the network will soon support native USDC, issued directly by…
The trading platform is facing mounting regulatory pressure, landing under the microscope of another watchdog just days after a separate investigation. According to a Thursday press release, the Florida Attorney General’s office has launched an investigation into Robinhood’s cryptocurrency business. Central to the probe are allegations that the company used deceptive marketing tactics to mislead users about trading costs, “falsely promoting” its trading platform as the “least expensive way to purchase crypto.” Authorities spotlighted Robinhood’s payment-for-order-flow (PFOF) model. Instead of charging users trading fees, Robinhood routes orders to third-party market makers, who pay the platform for the right to fill…
The crypto giant’s latest price surge is fueling a wave of demand and trading activity across U.S. spot exchange-traded funds. Bitcoin ETFs recorded $1.18 billion in inflows on July 10, 2025, according to SoSoValue data. The numbers marked the funds’ sixth consecutive day of positive flows and the largest single-day inflow in months, a level last seen in November 2024. Among the top performers was BlackRock’s IBIT, which once again led the charge with approximately $448.5 million. Fidelity’s FBTC followed closely with $324.34 million, and Ark 21Shares with $268.7 million. Other issuers, including Bitwise, VanEck, and Valkyrie, saw smaller inflows…
The Smarter Web Company has added 275 BTC to its treasury, pushing total holdings to 1,275 BTC as Bitcoin hit a new all-time high. The Smarter Web Company, a London-listed Bitcoin treasury company, announced on July 11 the purchase of an additional 275 Bitcoin (BTC). The recent acquisition was made at an average price of £79,563 ($108,182) per BTC, totaling approximately £21.88 million. With this purchase, the company’s total Bitcoin holdings have risen to 1,275 BTC, acquired at an average price of £78,516 ($106,719) per BTC, with a total investment of about £100.1 million. This latest purchase follows the company’s…
Ethereum has surpassed $3,000 in value, following the ETH Foundation transferring a total of 21,000 ETH in the past two months to its internal Gnosis Safe Proxy address. According to data from crypto.news, ETH (ETH) touched on a new high on July 11. The second largest cryptocurrency by market cap has finally surpassed the $3,000 mark. The last time ETH went beyond $3,000 was back in early February before it fell into an extended slump that lasted well into July. On July 11 at 06:30 AM UTC, ETH bounced back up to a peak price of $3,019. It settled around…
NRW.BANK, Germany’s largest regional development bank, has issued a €100 million digital bond using the Polygon blockchain. The announcement was made via Polygon’s (POL) official X account on July 10. The two-year bond is fully digital, registered under Germany’s Electronic Securities Act (eWpG), which enables blockchain-based securities without paper documentation. Cashlink Technologies, a crypto registrar licensed by the BaFin, managed registration and compliance. NRWBANK, Germany’s largest regional development bank, has tokenized its first fully digital bond, with support from leading financial institutions like @DeutscheBank, @dzbank, and @DekaBank.Polygon will serve as the rails for the EUR 100 million bond, registered via…
Stablecoin infrastructure firm Agora has raised $50 million in a Series A round led by Paradigm with participation from Dragonfly Capital. According to a July 10 announcement, the funding will support expansion of Agora’s AUSD ecosystem and the rollout of a white-label product that lets companies launch their own stablecoins in days. The platform is live across 13 blockchains, including Ethereum (ETH), Solana (SOL), and Arbitrum (ARB). It powers billions in cumulative stablecoin volume and serves over 50,000 monthly active addresses. AUSD, Agora’s flagship stablecoin, is pegged to the U.S. dollar and backed by cash, short-term U.S. Treasuries, and repurchase…
Bitcoin reached a new all-time high of $118,399 early on July 11 during Asian trading hours, marking another major milestone in the ongoing bull market. Yet, unlike past euphoric peaks, this breakout appears fundamentally calmer and more structurally sound. In a June 11 analysis, CryptoQuant contributor Avocado Onchain noted that several important indicators point to the market not being overheated. The MVRV ratio, which compares Bitcoin’s (BTC) market value to its realized value, currently stands at 2.2. That’s well below the overheated levels of 2.7 seen during the March and December 2024 highs, pointing to relatively moderate speculation. There’s also…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In a recent study published by Stanford researchers, 1,500 U.S. workers, including writers, designers, and artists, shared their views on AI in the workplace. The data is clear: creative professionals, if one can believe it, do not want AI to automate their core work. Less than a fifth of tasks in arts, design, and media were seen as suitable for automation. Creatives welcome help with repetitive chores but want to keep authorship and control. For anyone working…
Toncoin is one of the hottest crypto right now due to use case in the airdrops on telegram. The integration of numerous user-friendly tools and services into the process of buying Toncoin (TON) within Telegram has become easier. Read this comprehensive guide on the five ways to buying TON inside Telegram, along with the details steps and key features of every method. For on-demand analysis of any cryptocurrency, join our Telegram channel. Using the @wallet Bot Buy, store and transfer Toncoin in Telegram using the @wallet bot. With this, it is built to be user friendly and thus an excellent choice…