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Author: James Wilson
XRP price is nearing a significant move in July as its triangle pattern nears confluence and a recently launched leveraged exchange-traded fund gains momentum. Ripple (XRP) was trading at $2.20 on July 1, where it has been stuck in the past few weeks. This price is about 15% above the lowest level in July and 35% higher than the year-to-date low. A potential catalyst for the XRP price is that the Teucrium 2x Long Daily XRP ETF has continued to gain momentum. Data shows that the XXRP ETF has had inflows in all weeks since its launch in April. It…
Smarter Web Company is expanding its BTC treasury strategy as more and more London-listed firms join. London-listed companies are increasingly expanding their Bitcoin (BTC) treasury strategies. On Tuesday, July 1, the Smarter Web Company acquired an additional 230.05 bitcoins for $25 million. The move puts its total Bitcoin treasury holdings at 773.58 BTC. The company revealed that the acquisition is part of its “The 10 Year Plan” to expand its BTC holdings exponentially. The last purchase came on June 24, when the UK-based web design firm purchased another 196 BTC. The purchase is part of a growing trend where smaller…
Bitcoin is showing signs of exhaustion at the $108,350 resistance zone. With a developing bearish divergence, declining volume, and repeated failures to break higher, price action is at risk of rotating lower toward key support. Bitcoin (BTC) has spent the past week consolidating under a major resistance zone near $108,350 — a level that aligns with the value area high of the current trading range. Despite attempts to push higher, price remains capped. Now, a bearish divergence is developing, suggesting the recent rally is losing momentum. If sellers step in at this level, it could trigger a rotation back toward…
The Bitcoin price could be on the verge of a strong bullish breakout in July, following the formation of cup-and-handle and bullish flag patterns, and as ETF inflows surge. A surge in Bitcoin (BTC) above its all-time high of $111,900 will likely spark further gains among altcoins. That’s because, historically, many altcoins do better than BTC when it is in a strong uptrend. This article explores three top altcoins to buy for huge gains if Bitcoin price breaks out above its all-time high of $111,900. Sei Sei (SEI), a layer-1 network, is one of the best altcoins to buy for…
Bitcoin price hovers near $107,000 as the benchmark digital asset signals further consolidation following a largely positive run from lows of $84k seen in April. Bitfinex analysts, sharing their outlook for Bitcoin (BTC) in the next quarter, say the struggle for a breakout to $110,000 or higher in recent weeks signals a potential consolidation phase in Q3, 2025. Analysts at the crypto exchange noted this in the Bitfinex Alpha report published on Monday, June 30. Notably, BTC is experiencing a slowdown in on-chain and derivatives activity. This comes after bulls recovered from recent lows, helped by a period of volatility…
Global banking institutions are stepping deeper into crypto, and among them, Germany’s Deutsche Bank is laying out timelines for launching its new services. According to a Tuesday Bloomberg report, the Frankfurt-based institution is gearing up to launch its crypto custody service in 2026. Citing people familiar with the matter, the report stated that Deutsche Bank is working with Bitpanda Technology Solutions, the tech arm of crypto exchange Bitpanda, to build the service. Deutsche Bank’s crypto initiative was first unveiled in 2022 and has gained traction as more global banks explore ways to offer regulated access to crypto and other digital…
Four North Korean nationals have been charged by the U.S. Department of Justice for stealing nearly $1 million in cryptocurrency from American and international blockchain companies. According to the indictment released on Monday, June 30, the suspects allegedly posed as remote IT workers, gained access to sensitive systems, and drained crypto wallets as part of a broader effort to fund the North Korean regime. The defendants, named Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju, and Chang Nam Il, allegedly used fake identities and stolen personal information to land jobs at a blockchain R&D firm based in Atlanta and…
A Russian-British dual national was charged for sending cryptocurrency to pro-Russian militias in eastern Ukraine, breaching UK sanctions. A Russian-British dual citizen appeared before Westminster Magistrates’ Court in London on Tuesday, facing charges related to sending cryptocurrency to separatist militias engaged in the conflict in eastern Ukraine, as initially reported by Reuters. Mikhail Vlasov, 53, has been charged with eight counts of violating British sanctions targeting the so-called Donetsk and Luhansk People’s Republics — self-declared pro-Russian regions involved in the ongoing Ukraine-Russia war. Vlasov pleaded not guilty to all charges, which allege that between April 2022 and April 2023 he…
Australian crypto exchange Swyftx is set to acquire digital asset brokerage Caleb & Brown in a major move to establish a foothold in the U.S. market. Brisbane-based crypto exchange Swyftx is set to acquire Caleb & Brown, a Melbourne-based boutique digital asset brokerage with a reported $2 billion in digital assets under custody, in a deal reported to be worth over AU$100 million (over $65.8 million). The agreement, which was formally disclosed to employees last week, marks what is believed to be the largest crypto acquisition to date in Australia and New Zealand. The merger is expected to give Swyftx…
Paxos has expanded its Global Dollar stablecoin into the European Union under the region’s new crypto regulations. The launch was announced in a July 1 press release by Paxos, revealing that the coin is fully compliant with the EU’s Markets in Crypto-Assets Regulation framework and regulated by Finland’s Financial Supervisory Authority. USDG itself is not a new stablecoin. Available on the Ethereum (ETH), Solana (SOL), and Kraken’s Ink blockchain, it was first launched in late 2024. More than 450 million consumers across 30 countries can now access it thanks to its official launch as a regulated product in the EU.…