Live summarized flash news from top crypto sites

Australia Advances Digital Currency Trials in Wholesale Markets

Australia's Reserve Bank launches a six-month trial for digital currencies and tokenization to enhance wholesale financial markets, involving real transactions across major banks and innovative use cases like repo and trade payables.

Bitcoin Price Surge and Underexposure Signal Opportunities

Crypto analysts highlight Bitcoin's potential to reach $133,000 by September, fueled by bullish trading positions, ETF demand, and upcoming catalysts, suggesting traders may be missing a key upside move this quarter.

Bitcoin Depot Faces Data Breach Impacting Thousands

Nearly 27,000 Bitcoin Depot users were affected by a data breach in June 2024, exposing personal info like names, licenses, and contacts. The company delayed notification due to law enforcement investigations and is now enhancing security measures.

Bitcoin Nears $112,000 as Whales Bolster the Market

Bitcoin reaches a new all-time high close to $112,000, driven by whale accumulation and retail selling. Despite market volatility, large holders support the rally, but a drop below $110,000 could threaten the bullish trend.

BNB Treasury Company Aims for U.S. Public Listing to Offer Regulated Access to BNB

YZi Labs' new BNB Treasury Company plans a U.S. listing, enabling regulated access to BNB and the BNB Chain ecosystem, backed by experienced fintech leaders and major asset firms, with a focus on transparency and bridging traditional markets.

Monad Acquires Portal to Boost Stablecoin Payments and Blockchain Infrastructure

Monad’s acquisition of Portal enhances its stablecoin payment tools, tapping into Portal’s payment rails that handle millions in daily onchain volume, signaling a major move to dominate enterprise-grade blockchain payments.

South Korean exchanges boost altcoins with major listings and surges

Upbit and Bithumb listed Hyperlane and Babylon, sparking a 130% jump in HYPER and a 21% rise in BABY, showcasing South Korea's influential role in driving altcoin market movements.

Crypto Market Finds Momentum with Gains in Bitcoin and Ethereum

The crypto market shows bullish signs with a 1% rise in total market cap, Bitcoin nearing $12,000, and Ethereum up 7% at $2,700, indicating strong upward momentum across major cryptocurrencies.

Hyperliquid Launches PUMP-USD Hyperp to Expand Pre-Launch Trading

Hyperliquid introduces PUMP-USD hyperps, allowing leveraged bets on unlaunched tokens with a unique, oracle-free design for more stable pre-market trading, but warns of high risk due to volatility and low liquidity amid its market dominance.

Ether Breaks Above $2,700 as Altcoin Season Approaches

Ether's price surpassing $2,700 and declining Bitcoin dominance signal potential altseason, with strong institutional demand, ETF inflows, and momentum indicators pointing toward a rally toward $3,000, though a critical 72-hour window could determine the next move.

Ripple Envisions Stablecoin Market to Reach Trillions

Ripple CEO Brad Garlinghouse predicts stablecoins could grow from $250 billion to $1-2 trillion, driven by legal and regulatory advances, with Ripple's own stablecoin hitting $500 million and stronger institutional partnerships boosting adoption.

Crypto Markets Reach New Heights Amid Tech-Driven Rally

Total crypto market cap jumps $91B to $3.42T on tech stock strength, with Bitcoin nearing $112K and altcoins like SPX climbing 12%. Key resistance levels could trigger further gains or retracements, signaling cautious optimism in the market.

Snoop Dogg's NFT Collection Sells Out in 30 Minutes, Defying Industry Odds

Snoop Dogg sold nearly a million NFTs via Telegram in 30 minutes, generating $12 million and reigniting optimism in the NFT space amid industry struggles and plunging sales volumes.

Bitcoin Nears $150,000 Amid Bullish Breakout

Bitcoin hits a new all-time high of $112,000, with analyst Kyle Reidhead confident it could reach $150,000 by year's end amid strong institutional buying, market optimism, and technical breakout signals. Cautious traders await further momentum.

Senate Hearing Advances Crypto Legislation

Senator Tim Scott emphasizes the importance of building a comprehensive US crypto framework to foster innovation, investor protection, and US global leadership in digital assets amid contrasting views on regulation.

YZi Labs and 10X Capital Launch BNB Treasury Company to Go Public in the U.S.

YZi Labs and 10X Capital plan to launch a BNB treasury company aiming for a U.S. public listing, providing investors exposure to BNB's growth and the BNB Chain ecosystem, with management led by industry veterans.

YZi Labs Supports New BNB Treasury to Boost US Market Exposure

Binance co-founder Zhao's family office backs a new US-listed BNB treasury firm, aiming to expand institutional access and offer investors exposure to BNB, the top-performing crypto ecosystem, with plans to raise funds soon.

USDT Surge Reflects Argentine Peso Uncertainty and Rising Dollar Demand

USDT prices in Argentina have risen above 1,280 pesos amid increased demand for dollars driven by economic uncertainty, fears of peso devaluation, and political changes, prompting more Argentinians to seek refuge in stablecoins and USD assets.

Hong Kong Prepares for Stablecoin Regulation Launch

Over 40 companies, including giants like JD.com and Standard Chartered, are preparing to apply for stablecoin licenses in Hong Kong as the new regulation begins August 1, highlighting a cautious but growing interest among major firms.

Strange Outburst at Senate Crypto Hearing Highlights Bipartisan Tensions

Senator Kennedy disrupted a key crypto hearing with a strange outburst over a past tweet, revealing fragile bipartisan support and political risks as industry ties become a potential liability in Congress.