Crypto

While the broader crypto market remains subdued, with both Bitcoin and Ethereum posting slight losses, a select group of altcoins have defied the trend, registering substantial gains over the last 24 hours. These market-defying rallies appear disconnected from general market sentiment, instead fueled by project-specific catalysts, including major exchange listings, deflationary tokenomics, and strategic partnerships. […] The post Why a handful of altcoins are surging over 30% as Bitcoin trends sideways appeared first on CryptoSlate.

The “FoxyWallet” malware campaign saw more than 40 malicious extensions impersonating legitimate crypto wallets on the Firefox Add-ons store.

Congress passed the Big Beautiful Bill, Trump’s budget proposal, which could benefit Bitcoin, analysts say. On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same. Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans voted against the controversial bill, which will significantly increase the US government’s borrowing ability. It has drawn significant criticism from Democrats and even from current and former Trump allies like Tesla CEO Elon Musk.  Notably absent from the bill were proposed amendments to the cryptocurrency tax code. As the bill worked through the Senate, lawmakers attempted to tack on a number of provisions regarding crypto, but to no avail. Read more

Check out why PI may tumble even more in the short term.

The deal, pending regulatory approval, would give Ondo licenses to operate a broker-dealer, ATS and transfer agent for digital securities in the U.S.

Coinbase called Oregon’s lawsuit a “regulatory land grab,” but the state says it’s a “quintessential state law action.”

Bitcoin had a relatively strong week, which helped it end the second quarter with almost 30% gains and trading around $109,000 by July 4th – pretty close to its all-time highs. The price briefly dipped to around $105K midweek following the Senate’s approval of Donald Trump’s massive budget legislation but it was quick to rebound. […]

Bitcoin whales awoke after 14 years of dormancy, having held their BTC since it was trading below $0.78 a coin in 2011. Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value. A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday. The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post. Read more

RUBx, based on the Tron blockchain, will be anchored to the Russian ruble and integrated with the country’s banking system.

Altcoins are down after U.S. President Donald Trump announced plans to send letters to trading partners setting out tariff rates.

Coinbase's Layer 2 solution, Base, has experienced a net outflow of $4.3 billion this year, reversing its previous position as a top performer.

Stubborn long-term supply hints at higher price targets despite recent selling.

Despite the price drop, large addresses, or "whale" wallets, have grown their PEPE holdings by over 5% in the past month.

All three are up in the past week, but are there more gains in the making?

US lawmakers to tackle stablecoins, CBDCs, and crypto oversight during “Crypto Week” starting July 14, aiming to lead global innovation.

Bitcoin price rally stalls at $110,000 after strong US employment data, with big overhead resistance at $112,000 and several key support levels below. Key takeaways: Bitcoin’s multiple rejections from $110,000 signal the bulls’ inability to sustain higher prices. BTC price may drop as low as $105,000 in the short term if key levels are lost. Read more

Daniel Ianello has asked a Tennessee court to dismiss a lawsuit accusing him of orchestrating an exit scam after taking over a crypto project. Daniel Ianello, a man accused of orchestrating an exit scam involving a crypto project known as The Phoenix, has filed a motion to dismiss a lawsuit brought against him in a Tennessee federal court. According to the complaint, Ianello took over Phoenix Community Capital in October 2022 and allegedly executed an exit scam. After taking control of The Phoenix’s (FIRE) assets, he allegedly shut down its smart contracts. Plaintiffs claim he then “moved hundreds of thousands of dollars in investor money, began deleting posts on Discord […] deleted earlier versions of Phoenix’s website, and announced the ‘smart contracts’ would not be restored.” Read more

The purchase is part of a larger plan and brings Nano Labs' total digital asset reserves to around $160 million.

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role

Record equity markets, surging money supply and fiscal risks set the stage for a historic July rally in the largest cryptocurrency.