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Showing posts from July, 2025

Former OpenSea manager's insider trading conviction overturned

Former OpenSea product manager Nathaniel Chastain had his convictions for wire fraud and money laundering overturned in the 2nd US Circuit Court of Appeals today. Chastain had been convicted in what the United States Attorney’s Office in the Southern District of New York called the “First-Ever Digital Asset Insider Trading Scheme.” He had taken advantage of his position and his knowledge about what non-fungible tokens (NFTs) would be featured on the home page of OpenSea, purchasing them before they were listed, and then selling them after the artist was featured. OpenSea has 99 problems — insider trading was just one Read more: OpenSea insider trading case could increase government power The reason this appeal was successful centers around jury instruction; specifically, the jury was told it could convict him of acting unethically, whereas lawyers for Chastain have maintained the fraud charge required him to violate a property interest of OpenSea...

Institutional Capital Now Circles Ethereum on Tenth Anniversary Milestone

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Today, 30 July 2025, marks exactly ten years since the Ethereum genesis block was mined, transforming a crowdfunded idea floated by then‑teenage coder  Vitalik Buterin and a small team of collaborators into one of the internet’s most widely used financial rails. Ether was recently trading at roughly $3,806, giving the network a market capitalisation close to $460 billion and securing its place as the second‑largest crypto‑asset behind bitcoin. 10 years of Ethereum. — Ethereum (@ethereum) July 30, 2025 Market Milestone In that decade, Ethereum has processed more than 23 million blocks, supported hundreds of thousands of smart contracts, and, according to on‑chain data, settled trillions of pounds’ worth of transactions. The network still anchors about 55% of all decentralised‑finance value and remains the top venue for non-fungible token issuance. Yet the ride has been volatile: analysts estimate Ether fell 45% between January and April before recovering i...

SEC Approves In-Kind Redemptions For Bitcoin, Ethereum ETFs In First Pro-Crypto Policy Shift Under Paul Atkins

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The US Securities and Exchange Commission (SEC) has approved in-kind redemptions for spot Bitcoin and Ethereum ETFs, marking the agency’s first major crypto policy shift under new Chair Paul Atkins. When the funds were approved last year, it was on an in-cash basis, meaning shares had to be redeemed for cash. This incurred an extra fee because the underlying assets had to be sold first. With the recent move by the SEC, authorized representatives, such as Goldman Sachs and JP Morgan, have the ability to swap shares directly for the underlying assets and vice versa. “Investors will benefit from these approvals, as they will make these products less costly and more efficient,” said SEC Chair Paul Atkins in a July 29 statement . Atkins Aims To Develop “Fit-For-Purpose” Crypto Regulatory Framework Since Donald Trump entered the White House for a second term and Atkins was named as the new Chair of the SEC, there has been a noticeable pivot in crypto stance...

Expect extended Bitcoin dominance bearishness, warns expert

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Bitcoin (BTC) dominance appears poised for further decline, with multiple technical signals aligning to support a bearish continuation. According to pseudonymous crypto analyst Master Ananda, Bitcoin’s recent breakdown from a long-term uptrend, accompanied by the highest weekly volume since February 2021, suggests a potential altcoin resurgence reminiscent of the early stages of the last major bull run, he said in a TradingView post on July 23. Bitcoin price analysis chart. Source: TradingView The Bitcoin Dominance Index currently sits at 61.42%, following a sharp rejection at the 64.35% level, which has emerged as strong resistance on the weekly chart. The failed breakout attempt left behind a notable bearish engulfing candle, indicating weakening momentum in BTC’s relative strength versus the broader crypto market. Bitcoin dominance now hovers just above key Fibonacci levels at 61.65% and 60.30%. Failure to reclaim former support, now acting as ...

Truth Social Bitcoin ETF Hit With SEC Delay: Here's the New Date

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Truth Social Bitcoin ETF faces a major setback as the SEC has delayed its decision until September 18, 2025. The SEC delay crypto ETF ruling affects multiple applications right now, with the cryptocurrency ETF review process extending beyond original timelines. This crypto ETF regulatory update highlights ongoing concerns about crypto ETF investor protection in the current market environment. Also Read: Warren Buffett Says This ETF Could Grow $1,000 Into $252,000 Understanding SEC Delay And Regulatory Review Impact On Crypto ETFs Source: Bitcoinist.com Truth Social Bitcoin ETF Decision Pushed to September The Truth Social Bitcoin ETF decision has actually been revolutionized by several weeks of additional review. The new deadline was set for September 18, 2025. This SEC delay crypto ETF ruling has pioneered alongside similar postponements for other digital asset products, including Grayscale’s Solana Trust conversion, which now faces an October 10 deadline. The cryptocurrency ETF ...

Bitcoin to peak at $155,000 on this date, according expert

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As Bitcoin (BTC) flirts with reclaiming the $120,000 mark, a trading expert has suggested the asset has more momentum left, potentially propelling it to a record high of $155,000. This outlook is supported by insights from Bitcoin’s weekly chart, which point to a strong rally that began after BTC rebounded from the 50-week Moving Average (MA) on April 7, 2025, according to Analysis by TradingShot in a TradingView post published July 28. Bitcoin price analysis chart. Source: TradingView The rebound occurred within a broader three-year ascending channel that began in November 2022. Notably, this was the second time Bitcoin found support at the 0.236 Fibonacci level within this structure, an area historically tied to major bullish reversals. The current setup also mirrors earlier price movements. In late 2022 and again in early 2023, Bitcoin surged approximately 106.37% following similar technical signals. A more aggressive rally between late 2023 and early 2024 r...

Bitcoin Bulls Gain Traction From Ideal Long Zone: 2 Scenarios For The Week Ahead

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Under-the-Radar DeFi Lending Altcoin Defies Crypto Market Downtick Amid New Proposal To Increase Staking Rewards

A decentralized finance (DeFi) altcoin that received trading support from the crypto exchange Binance in May is seeing gains despite the dip in the digital assets market. The token of Maple Finance (SYRUP) is currently changing hands for $0.475, up by 7.95% over the past 24 hours. This comes after the DeFi platform for institutional lending unveiled a proposal to increase allocations for purchasing the crypto asset on the open market. The MIP-018 proposal, which will be open for voting by Syrup holders on July 25th, aims to raise token buybacks from 20% to 25% to increase staking rewards. “MIP-018 proposes to allocate 25% of protocol fee revenue from Q3 2025 to buyback SYRUP tokens and distribute these as rewards to stakers of SYRUP. This proposal builds on the success of Q1 and Q2 buybacks, advancing a mechanism that’s fast becoming a cornerstone of value distribution and staker alignment in the Maple ecosystem.” Maple’s buyback mechanism proportionally distri...

Novogratz Bets on ETH: “Could Beat Bitcoin in 6 Months”

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Ethereum is currently rising on the radar, surging towards $4K rapidly. The growing Ethereum ETF momentum, coupled with its solid infrastructural repute, is helping Ethereum draw massive capital momentum. In this wake, Ethereum is now attracting significant activity from all sides, compelling experts to think about whether the token has a chance to outperform Bitcoin in the process. Also Read: Is Ethereum Becoming the New Google? $8K Target Sparks Buzz Can Ethereum Beat Bitcoin? Galaxy CEO Thinks So Source: Watcher Guru In a new CNBC clip making rounds on X, the CEO of Galaxy, Mike Novogratz, can be seen praising Ethereum holistically. When asked about whether he owns Bitcoin or Ethereum, Novogratz stated that he owns both and that Ethereum is destined to touch the $4K price ceiling. Moreover, Novogratz was quick to add how he believes that ETH has the power to go mainstream in the near future. “I own both. Listen, Ether has caught up a lot. It feels like if ETH takes out 4,000, it goe...

Jim Cramer reveals the 2 cryptos he’s buying as U.S. debt hits $37 trillion

Jim Cramer, the outspoken CNBC host and former hedge fund manager, has once again voiced his support for owning Bitcoin (BTC), and this time, he’s tying it to concerns about America’s surging national debt. Speaking during a CNBC segment on Wednesday, Cramer revealed that he has been buying Bitcoin as a hedge against the United States’ ballooning debt, which has now reached $37.8 trillion. When asked whether Bitcoin could hold up during a financial crisis, Cramer responded affirmatively, describing it as “just a nice hedge for what I’m afraid.” While acknowledging his hope that the U.S. can “grow its way out” of the debt crisis, Cramer emphasized that his crypto buying is rooted in concern for his children’s future. “I buy it a lot because I’m very worried,” Cramer said. “Own some as a hedge against the $37–$38 trillion. They want to own it for their kids, and you know who else feels that way? Me. I don’t want that debt. I’m worried about my ki...

BNB Reaches New All-Time High of $800

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Binance Coin (BNB) , the native cryptocurrency of the Binance exchange, has soared to a fresh all-time high, reaching $800 for the first time. This milestone reflects growing investor confidence in the token and its expanding role within the broader digital asset ecosystem. The surge comes amid heightened interest in blockchain applications and a bullish market sentiment that has buoyed several major cryptocurrencies. Strong Performance Drives BNB’s Surge Binance Coin’s recent price spike marks a significant achievement, demonstrating its increasing prominence in the crypto market. As of this latest peak, BNB has outperformed many competitors, riding on Binance’s continued innovation and ecosystem growth. The coin’s utility within the Binance Smart Chain, including its use for transaction fees, staking, and participation in token sales, has contributed to steady demand. Market analysts suggest that the growing adoption of Binance’s products and services is a key fact...

Cardano (ADA) To Reach New All-Time High After Ripple (XRP)?

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Ripple’s XRP and Cardano’s ADA are among the most sought-after cryptocurrencies with a market cap worth billions of dollars. While XRP breached its all-time high of $3.40 after seven and a half years touching a new ATH of $3.65 last week, its counterpart ADA is trying to replicate the price rise with no success. Now that the cryptocurrency markets are pumping, can Cardano’s ADA repeat Ripple’s XRP price run in the charts? In this article, we will highlight how high or low ADA could trade in the indices during this period. The stock and cryptocurrency markets are rallying as institutional investors have gone all-in on the markets. Also Read: XRP Is Up 500% Since July 2024: Can It Hit $5 in 2025? After Ripple XRP, Cardano ADA To Hit New All-Time High? Source: Reddit Cardano’s native token ADA is much different from that of Ripple’s XRP. The buying pressure for ADA has remained minimal, with a 24-hour trading volume of $2.5 billion, as CoinGecko reveals,...

XRP flashes major sell-off signal; Is crash below $3 next?

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XRP’s possible push toward the $4 mark is now facing a threat, with momentum indicators suggesting the asset may be primed for a correction. Specifically, the Relative Strength Index (RSI), which measures the speed and change of price movements, is signaling overbought conditions.  Specifically, XRP’s 24-hour RSI stands at 83.08, while the 12-hour RSI is at 77.24. Both readings are well above the 70 threshold that typically indicates an asset is overbought and vulnerable to a pullback, according to data retrieved by Finbold from Coinglass on July 22. XRP RSI chart. Source: Coinglass Historically, elevated RSI levels have pointed to a potentially overheated market, often triggering selling pressure as traders take profits. If this pattern holds, XRP could face increased downside risk, with a drop below the $3 level becoming a realistic possibility, especially if overall market sentiment weakens in the coming sessions. What next for XRP?  ...

Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

XRP Market Cap Surpasses Oil Giant Shell

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Ripple’s native token, XRP, surpassed that of leading oil giant Shell’s market cap on Monday. While Shell’s market cap is at $206.22 billion, XRP’s market cap is at $207.36 billion. The sudden spurt in market cap signifies that fintech companies are at par with global giants while trading among investors. Source: TradingView Regarding returns, XRP has also outperformed Shell in various metrics of the indices. In a year alone, Ripple’s native token has delivered 488% returns while SHEL is down close to 5% during the same timeframe. In the last month, SHEL has delivered losses of 3% while Ripple’s native token has gained 64% in value. Also Read: XRP Is Up 500% Since July 2024: Can It Hit $5 in 2025? XRP Beats Oil Firm Shell in Various Parameters Source: AInvest The latest data on TradingView shows that investors made 1,700% profits in XRP in five years while Shell gave returns of only 110%. Therefore, an investment of $1,000 in Ripple’s native tok...