Day: July 9, 2025

Bitcoin price hits record high as ETF demand overwhelms bearish market setup

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Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg. On July 9, Bitcoin (BTC) surged over 2% to trade just above its prior all-time high of $111,970 set in May. The rally defied a wall of skepticism: short interest had climbed to $35 billion ahead of the move, while technical indicators flashed bearish divergences. Bitcoin’s all-time high could be…

Revolut Seeks $1B in New Funding at $65B Valuation: FT

Revolut, Europe’s most valuable start-up, is in talks to raise $1 billion in fresh capital at a $65 billion valuation, according to the Financial Times. The funding would mark a significant step in the fintech group’s global expansion strategy and represents a 44% increase over its last known valuation of $45 billion from a secondary share sale one year ago. The London-based company plans to raise the funds through a combination of newly issued shares and the sale of existing stock, the report said. Greenoaks, a U.S. investment firm that…

Sei Network Unlocks Japan Market After Hitting $626M in TVL

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Bitcoin Gains Ground But Nvidia Steals the Spotlight

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The chipmaker became the first public company to ever reach $4 trillion in market capitalization on Wednesday. Nvidia Outshines Bitcoin California-based chipmaker Nvidia (Nasdaq: NVDA) made history on Wednesday by becoming the first company to ever hit $4 trillion in market cap. Nvidia stock rose 1.75% and was trading at roughly $163 at the time […] Original

Hyperliquid DEX And Userbase Growth May Trigger Rally To $45

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Key point: Hyperliquid (HYPE) has witnessed a strong growth trajectory in the past year, with average trading volume soaring, reaching $3 to $5 billion from less than $100 million, according to CoinGlass’ semi-annual crypto derivatives outlook. “Hyperliquid accounts for more than 80% of the DeFi perpetual contracts market share,” the report added.  Could Hyperliquid’s growing dominance boost HYPE’s performance? Let’s analyze the charts to find out. HYPE price prediction HYPE bounced off the 50-day simple moving average ($37.08) on Tuesday, indicating demand at lower levels. HYPE/USDT daily chart. Source: Cointelegraph/TradingView…

Solana Blockchain Lights Up With Increased Network Activity – What’s Going On?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While the broader cryptocurrency sector has rebounded, Solana has robustly regained upside traction, with a sudden bounce above the key $150 price level. Along with the recent notable surge in SOL’s price is a sharp increase in user activity across the prominent Solana network. User Activity On The Solana Network Climbs Sharply Solana’s renewed upward price action is being met with growing participation and investors’ interest in the SOL blockchain. Ali Martinez, an investor and crypto expert,…

Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

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Blockchain security firm PeckShield says that bad actors stole tens of millions of dollars from the decentralized perpetuals exchange GMX (GMX). Posting on the social media platform X, PeckShield says that a hacker has exploited the crypto exchange to the tune of $42 million, sending $9 million of the stolen funds to the Ethereum (ETH) network from Arbitrum (ARB). “GMX has been exploited for ~$42 million. The exploiter has bridged ~$9.6 million worth of cryptos to Ethereum.” GMX confirmed the hack on its own X account, saying that its Arbitrum-based…

$FLOKI Gains Webull Pay Listing, Tapping Into 24M Retail Users in Major U.S. Push

FLOKI traded in a wide $0.00005422 range over the past 24 hours, swinging from a high of $0.00009435 to a low of $0.00008913 before settling at $0.00008946, down 1.87%, according to CryptoX Research’s technical analysis model. The token’s volatile session was marked by a sharp 4% rally during the U.S. morning hours, followed by aggressive profit-taking as resistance formed near the $0.00009400 level. Trading volume spiked to 95.85 billion tokens at the height of the rally — more than 56% above FLOKI’s daily average — before declining steadily into the…

Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated

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XRP might be currently trading around $2, but its path to double and four digits may be faster than imagined. Notably, a bold new forecast has shaken up the XRP community, as crypto analyst BarriC declared that the token could explode from $2 to $1,000 much faster than anyone expects. His comments have caused a bit of optimism among investors, many of whom are already eyeing a new all-time high as momentum builds following the cryptocurrency’s recent quarterly close above $2.25. XRP’s Rise To $1,000 Based On History Taking to…