Bitcoin soared to a new all-time high on Wednesday, reaching $111,988.20, as a surge in institutional demand and growing risk appetite fueled bullish momentum. The worlds largest cryptocurrency was last trading at $111,303.50, up 2.2% on the day. The historic rally comes as institutional investors continue increasing their exposure to Bitcoin, with major corporations adding BTC to their treasury portfolios and exchange-traded funds (ETFs) seeing strong inflows. Strategy Inc. (NASDAQ:MSTR) remains a leading example, while GameStop Corp. (NYSE:GME) recently joined the list of corporate buyers...

Ethereum (ETH) is showing some of its most bullish signs in recent months, setting the stage for a potential breakout above $3,000. Currently trading near $2,670, ETH has firmly reclaimed key moving averages, including the 50, 100, and 200-day linesan important technical milestone often associated with sustained upward trends. The assets price structure is supported by steadily rising higher lows and improved momentum. While trading volume has tapered since early June, this may indicate a reduction in selling pressure rather than weakness. Lower volume during consolidation can suggest growing...

XRP has kicked off July with a 10% rally, entering a key technical zone that could mark the beginning of a broader uptrend. The XRP/USDT chart shows a well-defined ascending channel, indicating sustained bullish momentum. Notably, XRP has surged above both the 26-day and 50-day exponential moving averages (EMAs), a move suggesting increasing market confidence. This breakout isnt just a technical signalit reflects a broader shift in trader sentiment. The $2.30$2.40 range, once seen as a consolidation zone, is now seeing risk-on behavior from investors. On-chain data adds to the bullish...

As U.S. lawmakers prepare for Crypto Week, the House Ways and Means Committee is set to address a major concern for digital asset investorscrypto taxation. On July 16, the committees oversight subcommittee, led by Chairman Jason Smith, will hold a hearing focused on creating a clear tax policy framework for digital assets. Taxation has remained one of the biggest obstacles to crypto adoption in the U.S., with investors struggling to navigate inconsistent and burdensome tax requirements. Until a comprehensive tax regime is in place, accounting for crypto transactions remains complex and...

Revolut, Europes most valuable fintech startup, is reportedly in talks to raise $1 billion at a $65 billion valuation, according to the Financial Times. The move marks a major step in the London-based companys global expansion strategy and reflects a 44% increase from its previous $45 billion valuation during a secondary share sale last year. The potential funding round will include both new shares and the sale of existing equity, signaling continued investor confidence in the high-growth neobank. Greenoaks, a prominent U.S. venture capital firm known for backing tech giants like Stripe and...

Bitcoin recorded a modest 2.55% gain in June, closing the month below its May peak of $112,000. The cryptocurrency continues to trade within a tight range, signaling a consolidation phase, according to ARK Invests latest Bitcoin Monthly report. A notable trend highlighted is the growing dominance of long-term holders (LTHs), who now control 74% of the total bitcoin supply the highest share in 15 years. This reflects strong conviction among seasoned investors, even as the inflow of new buyers slows down. However, on-chain data shows weakening capital flows in Q2, based on the...

FLOKI traded lower over the past 24 hours, closing at $0.00008946, down 1.87%, after swinging between a high of $0.00009435 and a low of $0.00008913. The meme token experienced significant volatility, initially rallying 4% during U.S. morning hours before reversing on strong profit-taking near the $0.00009400 resistance level. Trading volume spiked to 95.85 billion tokens during the rally, over 56% higher than FLOKIs daily average, signaling aggressive buying. However, as momentum faded, the volume gradually declined through the U.S. afternoon, suggesting that sellers regained control. The...

Greece has conducted its first-ever cryptocurrency seizure, targeting funds stolen in the $1.5 billion Bybit hack that occurred in February and was allegedly orchestrated by North Koreas Lazarus Group. The Hellenic Anti-Money Laundering Authority traced a suspicious transaction to a wallet connected to the theft using on-chain analysis tools. The wallet, according to Minister of Economy and Finance Kyriakos Pierrakakis, was linked to a Greek crypto exchange platform. Investigators leveraged Chainalysis Reactor to track the flow of the stolen funds, successfully establishing a direct...

Solana-focused exchange-traded funds (ETFs) in the U.S. have seen a notable surge in capital inflows, attracting $78 million over the past month. This growth reflects increasing investor interest in altcoin-backed ETFs, despite the continued dominance of Bitcoin (BTC) and Ethereum (ETH) in the crypto investment space. Leading the charge is the Solana REX-Osprey SOL + Staking ETF (SSK), which debuted on July 2 and has already secured over $41 million in assets under management, according to Bloomberg Intelligence. Meanwhile, Volatility Shares leveraged Solana ETF (SOLT) has pulled in $69...

Monad Foundation, the team behind the high-speed Ethereum-compatible layer-1 blockchain Monad, has acquired Portal Labs, a stablecoin infrastructure firm, to accelerate its expansion into blockchain-based payments. The deal strengthens Monads position in the digital payments space by enhancing tools available for developers and fintechs leveraging stablecoins. Portal Labs will continue to operate under its own brand as a wholly-owned subsidiary. Co-founder Raj Parekh, formerly with Visas global crypto division, will join Monad as Head of Payments and Stablecoins. Monad, known for its EVM...