Crypto

Altcoins like SOL, AVAX, HYPE were down 4%-5% before paring losses, while BONK and PENGU plunged 10% then bounced back.

A 22-year-old cybercriminal is going to prison after making nearly $800K by hijacking prominent X accounts to share NFT-swiping scams.

Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion. Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the […] The post DOJ clarifies Dragonfly is not a target as Tornado Cash co-founder trial nears conclusion appeared first on CryptoSlate.

ETH onchain data predicts a rally to $4,500, but a bearish RSI divergence warns of a correction in the short term. Key takeaways: Ether perpetual futures volume has surpassed Bitcoin, signaling a major shift in market interest. A bearish RSI divergence points to short-term exhaustion. Read more

Equity investment vehicles present ETH in a way that is palatable to investors in the legacy financial system, Bitwise Chief Investment Officer Matt Hougan says. Ether treasury and holding companies have solved Ethereum’s narrative problem by packaging the digital asset in a way that traditional investors understand, drawing in more capital and accelerating adoption, according to Matt Hougan, chief investment officer at Bitwise. Hougan told Cointelegraph that Ethereum had struggled to define income-producing features for traditional financial investors until its native token, Ether (ETH), was packaged in an “equity-wrapper.” Hougan said: “But if you take $1 billion of ETH and you put it into a company and you stake it, all of a sudden, you're generating earnings. And investors are really used to companies that generate earnings,” he said. Read more

Claude and ChatGPT have reviewed Bitcoin’s $117,832 consolidation, noting a low-volatility setup above key EMAs. They place 65 % odds on a breakout to $125K–$130K within 90 days, 25 % on a slide toward $100K–$112K, and 10 % on further range-bound trade. The post Claude AI vs ChatGPT Forecast Bitcoin Breakout, ‘Spring’ Tension Targets $130K Peak appeared first on Cryptonews.

The pair’s plea change comes amid Tornado Cash developer Roman Storm’s ongoing criminal trial on similar charges.

Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds. The Chicago Board Options Exchange (CBOE) has filed a rule change request with the US Securities and Exchange Commission (SEC) to allow crypto fund issuers to list products under a unified framework, potentially removing the need for individual approvals for each new fund. The filing was highlighted by ETF analyst Nate Geraci, who noted that the proposed rule change could streamline the approval process for crypto exchange-traded funds (ETFs). If the rule change passes, “issuers wouldn’t have to request specific approval for each crypto ETF as long as it meets certain criteria,” Geraci said. Read more

Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30.  According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues […] The post Solana’s xStocks top $1.6B in first month of trading, largely driven by centralized exchanges appeared first on CryptoSlate.

Robinhood posted $160 million in revenue from crypto-related trading and $989 million in overall revenue, outpacing expectations as acquisitions are reshaping the firm.

Ethereum is set to undergo a spree of upgrades and battle quantum computing, as advocates see it becoming the "base layer of the future global economy."

Crypto trading revenue fell sequentially to $160 million from $252 million.

Solana and Ethereum dominate social media discussions, primarily driven by institutional interest, DeFi activity, regulatory updates, wallet scams, and major anniversaries.

In their lengthy closing arguments on Wednesday, attorneys for both sides battled to win over the jury before releasing the group to decide the Tornado Cash developer’s fate.

Pi Network could soon see fresh retail liquidity with recognition from the world's largest exchange, bringing the coveted $10 price target back into focus. The post Pi Coin Price Prediction: Binance Listing Rumors Heat Up Again – Could PI Skyrocket Past $10?  appeared first on Cryptonews.

A node issue disrupted the network for 11 hours in 2022.

A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price. Key takeaways: Bitcoin’s Coinbase Premium turned negative after a 62-day buying streak. BTC continues to hold above $115,000 despite rising sell pressure and a negative futures CVD. Read more

Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered […] The post Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k appeared first on CryptoSlate.

Hong Kong has accelerated its digital-asset rollout: stablecoin rules are set to start August 1, platforms have entered expedited licensing and sandbox pilots for blockchain, tokenized green bonds and AI have broadened. Coordination with FATF, IMF and Mainland partners supports its global role. The post Hong Kong Targets Faster Virtual Asset Licensing, Broader Tokenization appeared first on Cryptonews.

The proposal was one recommendation featured in a 168-page digital assets report published by the Trump administration on Wednesday.