Day: July 10, 2025

Is Solana About To Break Out? Key Levels And Indicators Say Watch Closely

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Solana is exhibiting strong bullish signs supported by moving averages, volume, and momentum indicators, which hint at a short-term pause or consolidation in the rally. What Bulls Need To Watch To Sustain The Rally In an X post, Gemxbt stated that the Solana 1-hour chart has displayed a bullish market structure, with the price trading above the 5, 10, and 20-day moving averages. The indication of short-term moving averages signals strong upward momentum, which shows that buyers are in control. The recent price action has been supported by notable volume…

Breaks Another Fresh Record Above $112K

Bitcoin clinched a fresh record high above $112,000 on Thursday, attempting to break away from the range it has been trading in for months. The largest and oldest cryptocurrency hit $112,702 during the U.S. session, CoinDesk price data shows. The new record comes less than a day after it briefly topped $112,000 on some exchanges, then retreated below $111,000 in the later hours. It was up 2.8% over the past 24 hours. Original Source CryptoX Portal

ETHEREUM’S NEXT MOVE WILL SHOCK THE MARKET [Trade Update]

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US Lawmakers To Discuss Crypto Tax Policy Amid Push To Pass Three Bills

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Lawmakers in the US House of Representatives are scheduled to hold a hearing on a crypto tax policy framework as part of Republicans’ push to consider bills on central bank digital currencies (CBDCs), stablecoins and market structure. In a Wednesday notice, leadership on the House Committee on Ways and Means and Oversight Subcommittee said they had scheduled a July 16 hearing to focus on “affirmative steps needed to place a tax policy framework on digital assets.” The event, “ensuring digital asset policy built for the 21st century,” will come as…

Gates Inc. and Oasys Plan Global Expansion after Tokyo Real Estate Tokenization

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Japanese real estate investment firm Gates Inc. will tokenize $75 million worth of central Tokyo properties on the Oasys blockchain, marking one of the country’s largest real estate tokenization initiatives to date. The partnership, announced Wednesday, represents a major step for both companies. Gates plans to eventually tokenize over $200 billion in assets — about 1% of Japan’s real estate market — while Oasys continues expanding beyond its gaming roots into real-world asset (RWA) tokenization. Gates, which generated $145 million in 2024 revenue and was listed on the Financial Times’…

Binance Reaches 280M Users, Sets Sights on ‘1 Billion’ Goal

Key Notes Binance announced on July 10 that its user base surpassed 280 million, reinforcing its position as the world’s leading crypto exchange. The exchange added 130 million users in 18 months, driven by spot ETF approvals, clearer regulations, and a focus on Binance listings. Crypto’s growth mirrors past tech adoption, like the internet, but faces unique regulatory and security challenges on its path to one billion users. On July 10, Binance announced that it has surpassed 280 million registered users, a significant milestone that underscores the platform’s continued market…

Bridging Bitcoin and DeFi: The tBTC and Sui Collaboration

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Now live on Sui, tBTC enables users to trade, lend, and engage in advanced DeFi strategies within a secure and scalable environment, boasting transaction finality as fast as 400 milliseconds. Jameel Khalfan, Head of Ecosystem Development at the SUI Foundation, and MacLane Wilkison, co-founder and CEO of Threshold Labs, delve into the exciting collaboration between […] Original

Bit Mining Soars 250% After Solana Pivot

Key Notes BIT Mining plans to raise $200 million to $300 million to purchase SOL amid a shift in its cryptocurrency focus. The stock surged over 250% in the pre-market but slipped into the red during regular trading. The company says the move targets broader blockchain opportunities following the Bitcoin halving. Bit Mining stock soared over 250% in early pre-market trading on July 10 after the company announced a major strategic shift toward Solana. However, despite the initial excitement, the momentum did not last long. The stock fell into negative…

US Government Pushing Stablecoins to Boost US Dollar: Sygnum

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The United States views dollar-pegged stablecoins as a tool to help reverse the decline of the dollar’s status as a global reserve currency, according to a new report from digital asset banking group Sygnum. To accelerate that goal, the current administration is encouraging the growth of the stablecoin market and urging Congress to pass related legislation. The insights come from Sygnum’s latest report examining the dollar’s standing as a reserve currency and the US government’s efforts to preserve that. US President Donald Trump and key members of his administration, including…

Coinbase shares rise as investors anticipate U.S. stablecoin rules: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin and ether are little changed as investors assess the Fed’s next move on interest rates and President Trump’s strategy for the Israel-Iran conflict. Plus, Coinbase rises after the company shuffles its EU hub to Luxembourg and investors await U.S. stablecoin rules. And, Phil George of EarnOS discusses why brands could could look to stablecoins in the future. Chapters 00:00 – CNBC Crypto World, June 20, 2025 0:25 – Crypto prices little changed 0:56 –…