Chinese Creditor Opposes FTX Distribution Restrictions
Over 300 Chinese creditors, including Singapore resident Weiwei Ji with claims over $15M, challenge FTX's plan to restrict distributions in China, arguing claims are legal and supported by existing mechanisms despite jurisdictional disputes.
Bhutan’s Strategic Bitcoin Moves Yield Gains Amid Market Peaks
Bhutan sold $23.73 million worth of Bitcoin during a peak near $112,000, maintaining its position as a top government holder with $1.3 billion. Its strategic, sustainable approach differs markedly from other nations, boosting wealth and pioneering crypto integration.
Ant Group Partners with Circle to Integrate USDC on Its Blockchain
Jack Ma-backed Ant Group plans to adopt USDC, signaling a move to expand its global digital currency presence and support regulated tokens, amid rising institutional interest in stablecoins for cross-border transactions and future growth.
Chinese Creditor Challenges FTX Jurisdiction Restrictions in Bankruptcy Case
Weiwei Ji, representing over 300 creditors, argues China's crypto holdings are lawful, urging the court to include Chinese users in FTX payout plans, citing legal recognition of digital assets and successful international precedents.
XRP Breaks Key Resistance as Whale Accumulation Surges
XRP surged past $2.39, with growing whale holdings and increased trading volumes signaling strong momentum, while technical indicators suggest a potential test of $2.50 before possible cooldowns.
XRP Market: Whales, ETFs, and Future Potential
XRP’s price climbs for three weeks amid rising whale addresses, representing over 80% of supply and indicating strong trader confidence. Anticipation surrounds upcoming ETF decisions, which could propel XRP’s price even further, with a likely surge expected in 2025.
Greece Seizes Funds in Historic Crypto Freeze Linked to $1.5B Bybit Hack
Greece's first crypto asset freeze targets funds tied to the $1.5 billion Bybit hack, marking a major step in combatting online financial crimes and highlighting the importance of international cooperation and improved security measures in crypto.
Bitcoin Rally Amid Retail Capitulation and Market Skepticism
Despite Bitcoin reaching new highs and holding above $111,000, retail investors are withdrawing or liquidated, signaling capitulation. This could set the stage for further gains, fueled by institutional support and cautious optimism.
Pudgy Penguins Token Surges on Bullish Indicators and Growing Confidence
Pudgy Penguins (PENGU) soared over 23%, reclaiming $1 billion market cap, fueled by ETF news, whale accumulation, reduced supply, and a bullish cup-and-handle pattern pointing to potential gains up to 75%, signaling strong investor optimism.
Justin Sun Plans $100M Investment in Trump Meme Coin Boosting Its Price
Justin Sun announced a $100 million plan to buy TRUMP tokens, causing a 7% increase in its price and a surge in trading volume. His ongoing support boosts the meme coin amid recent market fluctuations and new blockchain integrations.
Trump Jr. Invests $4M in Struggling Social Media Startup Amid Bitcoin Pledge
Donald Trump Jr. bought over 350,000 shares of Thumzup Media, a near-bankrupt social app that’s stockpiling Bitcoin despite minimal revenue, reflecting the Trump family's growing involvement in crypto strategies amidst ongoing controversies.
Ripple CEO Predicts Stablecoin Market to Reach $2 Trillion Amid Growing Adoption
Ripple’s Brad Garlinghouse envisions stablecoins soaring from $250B to $2T, driven by institutional momentum, evolving regulation, and growing industry adoption, with Ripple’s RLUSD gaining traction and traditional finance moving closer to crypto integration.
WLFI Token Proposal Moves Toward Decentralization
Support for a proposal to make WLFI tokens transferable is growing, promising expanded access, trading, and governance participation, while maintaining security and addressing regulatory concerns amid political links and ongoing stablecoin development.
dYdX Integrates into Crypto.com App for Seamless Mobile Onchain Trading
dYdX's new partnership with Crypto.com Onchain brings advanced, self-custodial perpetual trading to mobile, merging powerful features with a simple user experience and launching a $60K trading competition to celebrate.
Bitcoin Surges Past $111K Amid Coinbase Glitch and Market Optimism
Bitcoin hit over $111,000 as Coinbase experienced downtime, fueling excitement rather than panic. Enhanced institutional inflows and positive signals from Federal Reserve minutes boosted bullish sentiment, turning Coinbase glitches into market bullish omens.
Trump Media Plans to Launch Utility Token for Rewards and Payments
Trump Media is testing a rewards system tied to a future utility token on its social platform, offering engagement perks, streaming services, and exclusive features, with plans to expand its digital ecosystem and potentially list crypto ETFs.
Trump Family Extends Crypto Involvement Amid Business Ventures
Trump Jr. bought over $4M of shares in Thumzup, a company with minimal revenue but a growing Bitcoin treasury strategy, highlighting the family's expanding interest in crypto investments despite financial challenges.
Pump.fun Launches Public Token Sale Amid Market Challenges
Pump.fun is offering 15% of its tokens for $0.004 each from July 12-15, with no lockups. Despite declining revenue and competition, the community awaits an airdrop post-launch as the platform navigates ongoing controversies.
Nvidia Surpasses $4 Trillion Market Cap, Making History
Nvidia becomes the first company to hit a $4 trillion valuation, driven by AI optimism, with shares reaching an all-time high and outpacing tech giants like Microsoft and Apple, emphasizing AI's central role in future technology growth.
Bitcoin ETFs Surge with Over $50 Billion Inflows and Growing Corporate Adoption
US spot Bitcoin ETFs amassed over $50 billion in 18 months, dominated by BlackRock's IBIT holding over 700,000 BTC. Companies globally are increasing Bitcoin reserves, and Bitcoin hit a new high of $112,000, boosting bullish sentiment for ETH as well.