Crypto

Electric vehicle maker Volcon announced that it would purchase about $470 million in Bitcoin, adding to the list of corporate BTC treasuries.

As Brazil’s Pix system expands and BRICS eyes a reserve currency, Trump responds with a 50% tariff and a sweeping trade investigation. The United States has launched a formal investigation into Brazil’s digital trade practices, with a spotlight on Pix, the country’s instant payment system that has rapidly displaced private-sector competitors. The probe, announced on Tuesday by US Trade Representative Jamieson Greer, will examine whether Brazil’s digital and trade policies unfairly disadvantage US companies. Greer said the investigation will review Brazil’s “tariff and non-tariff barriers,” saying the country offers preferential treatment to other trade partners while disadvantaging US exporters. Read more

Outrage after ringleader of $1.8B DGCX fraud publicly mocks the intelligence of victims, and even the Infini hacker is long ETH! Asia Express Hong Kong police have arrested four individuals in connection with an alleged cryptocurrency investment ring that defrauded victims of over 3 million Hong Kong dollars. The operation was linked to a bogus platform posing as affiliated with the Dubai Gold and Commodities Exchange (DGCX). However, the alleged ringleader escaped and publicly mocked victims for their supposed lack of intelligence in falling for the scam. The arrests are part of a wider fallout from the collapse of the so-called DGCX XinKangJia platform in mainland China. On June 25, the platform abruptly froze withdrawals for its 2 million users. By the next day, it had gone completely offline. Marketed as the Chinese branch of the Dubai organization, XinKangJia promised investors 1% fixed daily returns on USDT-denominated investments in gold and oil. Before shutting down, the platform allegedly transferred...

Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past week and over 13% over the past 24 hours. The rally marked XRP’s first break above its 2018 peak and came amid a broader altcoin resurgence. The surge comes amid a wider altcoin rally led […] The post XRP hits new ATH of $3.55 after 7 years amid altcoin surge appeared first on CryptoSlate.

Bitcoin has climbed to $118,632, sitting 3.3% below its record peak of $122,838, while XRP has surged 33% over seven days and Cardano posted 8% daily gains against Bitcoin's 0.6% dip. Crypto price prediction today shows altcoins like XRP and ADA achieving fresh highs as market sentiment strengthens. The post Crypto Price Prediction Today 17 July – XRP, PUMP, ADA appeared first on Cryptonews.

Perplexity predicts leading altcoins could reach unprecedented highs during 2025's second half, with XRP potentially hitting $20, Ethereum climbing to $5,000, and Dogecoin reaching $1.18. Bitcoin's record $122,838 surge has generated optimism for widespread crypto adoption. The post Leading AI Perplexity Predicts the Price of XRP, ETH, and DOGE appeared first on Cryptonews.

Three crypto bills including GENIUS Act, CLARITY Act, and Anti-CBDC Act have passed House of Representatives on Thursday in 294-137, 308-122, and 219-210 votes respectively, advancing crypto policy with Trump's support despite Democratic concerns over consumer protections The post Historic Crypto Policy Win: Three Bills Clear House Despite Democrat Opposition appeared first on Cryptonews.

DOGE gained 18% this week, and multiple data points suggest a 300% rally is possible before the end of 2025. Key takeaways: DOGE formed a double bottom after breaking a long-term downtrend, hinting at a rally to new year-to-date highs. DOGE’s futures open interest, spot volumes, and holders’ profit show rising demand and reduced sell pressure. Read more

Bitcoin DeFi protocols have recorded substantial growth with total value locked expanding from $304.66 million to $7.117 billion in 2024. Institutions have begun developing BTCFi strategies while stablecoins support the sector's expansion across Bitcoin layer-2 networks. The post Why Bitcoin DeFi Protocols Are Seeing Impressive Growth As BTC Soars appeared first on Cryptonews.

XRP soared to new all-time highs today, with Ethereum showing impressive weekly gains. Technical indicators suggest Solana may not be far behind.

The move follows SEC guidance treating staking rewards as income, enabling asset managers like Canary to back blockchain-based tokens through delegated staking. Investment company Canary Capital filed an S-1 application for a staked INJ (INJ) exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Thursday. INJ is the governance, staking and utility token for the Injective Protocol, a layer-1 blockchain network focused on decentralized finance (DeFi) operations. One of the main objectives of the fund is to accrue staking rewards through providing validation services using an “approved staking platform,” the filing reads. Read more

ChatGPT's AI model processed 42 live indicators, revealing explosive momentum as XRP surges 7.19% to $3.2563, breaking the historic $190 billion market cap milestone while RSI hits extreme 86.07 overbought territory. The post ChatGPT’s 42-Indicator XRP Analysis Flags Extreme $3.30 Resistance Test appeared first on Cryptonews.

Gavin Wood's plan will aim to solve verification challenges in the rising AI age.

The nine spot Ethereum ETFs generated more than $726 million in investments on Wednesday as ETH's price rose to its highest level in months.

Ethereum-focused firms BitMine and SharpLink Gaming have each surpassed $1 billion in ETH holdings. BitMine disclosed on July 17 that it now holds 300,657 ETH, valued at approximately $1.04 billion. The firm acquired its holdings at an average price of $3,461.89 per token. Conversely, SharpLink Gaming has also expanded its Ethereum position, purchasing an additional […] The post BitMine and SharpLink amass $1B stash amid Ethereum’s rising appeal as ‘digital oil’ appeared first on CryptoSlate.

The fourth day of the Tornado Cash developer’s criminal trial in New York kicked off with witnesses from the FBI. US Attorneys in New York’s Southern District continued presenting their case against Tornado Cash co-founder and developer Roman Storm, expected to last about a month. According to reporting from Inner City Press inside the courtroom on Thursday, Assistant US Attorney Thane Rehn said the prosecution expected to close its case against Storm by the end of next week, leading to the Tornado Cash co-founder’s lawyers calling their own witnesses. Storm said he expected the trial to last “3-4 weeks due to complex legal arguments and unforeseen witnesses and evidence.” Read more

Ethereum’s role in stablecoins, RWAs, and DeFi is fueling institutional interest, positioning ETH as a reserve asset, store of value, and digital oil. Key takeaways: ETH is increasingly viewed as a reserve asset for the digital dollar economy, with over 54% of stablecoins issued on Ethereum. Fidelity sees Ethereum as a sovereign digital economy, with ETH acting as both a store of value and a medium of exchange. Read more

Bit Origin has arranged up to $500 million in new capital to accumulate Dogecoin (DOGE) for its corporate treasury, becoming the latest public company to shift its digital asset reserves beyond Bitcoin.  The company stated in a current report on Form 6-K that accredited investors committed $400 million in Class A shares and $100 million […] The post Bit Origin lines up $500M to build Dogecoin treasury as corporate altcoin bets expand appeared first on CryptoSlate.

The price of XRP rose to a record high, soaring past a seven-year-old milestone amid broader momentum for altcoins in the crypto market.

Staking for crypto exchange-traded funds has been a feature long sought by traditional financial institutions and asset managers. The Nasdaq stock exchange filed an application with the US Securities and Exchange Commission (SEC) on Wednesday on behalf of BlackRock to add staking to the asset manager’s iShares Ether (ETH) exchange-traded fund (ETF). If the application is approved, the fund would give investors exposure to staking rewards accrued from using the underlying Ether as collateral security for Ethereum’s proof-of-stake consensus algorithm. In May, the SEC released guidance classifying staking rewards earned from validation services on proof-of-stake blockchain networks as earned income rather than securities transactions subject to capital gains tax. Read more