Day: July 16, 2025

ETH Price Today: What’s Behind 6% ETH Rally?

Key Notes Ethereum ETFs saw strong investor interest, with BlackRockโ€™s ETHA leading with $171 million in a single day. Ethereum price rally also comes with a rising corporate race for ETH treasury as Nasdaq-listed SharpLink buys 91,330 ETH in 7 days. Market analysts believe that ETH price could increase to $4,000 after the recent successful breakout. Defying the broader crypto market consolidations, Ethereum ETH $3 141 24h volatility: 5.1% Market cap: $379.35 B Vol. 24h: $44.35 B price has gained more than 6% in the last 24-hours, shooting to $3,150…

PENGU Tops $2โ€ฏB Market Cap on Massive Partnership Deal

Key Notes Pudgy Penguins inked a licensing deal with Chinaโ€™s Suplay Inc. PENGU market cap crossed $2 billion as the price hit $0.03456. Mobile game launch and $5,000 giveaway drive community buzz. PENGU PENGU $0.0323 24h volatility: 5.1% Market cap: $2.04 B Vol. 24h: $1.86 B , the native token of the Pudgy Penguins NFT ecosystem, has surged over 12% in the last 24 hours. The token has hit a daily high of $0.03456, pushing its market cap past $2 billion. The rally follows Pudgy Penguinsโ€™ announcement of an exclusive…

CLARITY Isnโ€™t Perfect, but Itโ€™s the Bill US Congress Must Pass This Summer

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Opinion by: Bill Hughes, senior counsel and director of global regulatory matters at Consensys Software The US Digital Asset Market Clarity Act of 2025 โ€” known as the CLARITY Act โ€” is not perfect, but Congress should pass it this Summer and enshrine the US as the world leader in digital assets.ย ย  If perfect were possible, we would have it by now since the crypto market structure has been a problem Congress has wanted to solve since at least 2019. We do not need the perfect bill.ย ย  The US needs…

Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoinโ€”Reuters

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

BigONE Hacked for $27M, Linked to Scam Activity

Key Notes BigONE lost $27 million to hackers. On-chain sleuth accused the exchange of processing โ€œpig butchering, romance, investment scamsโ€. BigONEโ€™s daily trading volume plunged by 38%. BigONE, one of the Seychelles-based crypto exchanges, is the latest Web3 platform to suffer significant losses due to a hack on June 16. On-chain data shows that BigONE has lost roughly $27 million in the latest hack. Stolen Bitcoin BTC $118 131 24h volatility: 1.1% Market cap: $2.35 T Vol. 24h: $79.77 B from the exchange is worth over $14 million, followed by…

Vitalik Buterin proposes minimalism as key to layer-2 blockchain success

As layer-1 networks face pressure to maintain relevance, Ethereum proponents suggest a new path forward: becoming a layer-2 on Ethereum.ย  On Monday, Jason Chaskin, who leads app relations and research at the Ethereum Foundation, sparked a conversation after saying that most layer-1s will become Ethereum layer-2s. He pointed to Celoโ€™s recent transition as a blueprint.ย  Chaskin said Celoโ€™s transition allowed the network to cut inflation, streamline its code, speed up block times and integrate itself into Ethereum, which he said has โ€œthe largest dev community in crypto.โ€ย  On Wednesday, Ethereum…

Crypto Week Update: GOP Fast-Tracks Bills Amid CBDC Clash

Key Notes A procedural vote to advance three major crypto bills stalled after GOP infighting over a CBDC ban. The GENIUS Act, which already passed the Senate, is prioritized for fast-tracking to Trumpโ€™s desk. President Trump personally intervened to broker support, reviving hopes for House passage during โ€œCrypto Weekโ€. . What began as a bold Republican push to cement the United States as the global crypto leader turned chaotic on Capitol Hill this week, as internal party divisions and fears over CBDCs threatened to derail progress. Despite the turbulence, GOP…

โš ๏ธ $BTC PUMP BITCOIN ALL TIME HIGH – Martyn Lucas Investor

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Newsletter: NEXT – Official Exclusive Merch and XRP merch 40% discount: X / Twitter (Sensei): X/ Twitter (Martyn): ๐Ÿšจ Brad Garlinghouse is LIVE on Capitol Hillโ€”and this could change everything for XRP. Today, the Ripple CEO testifies before the U.S. Senate in a high-stakes hearing that could shape the future of crypto regulation in America. If you hold XRPโ€”or are watching Rippleโ€™s battle with the SECโ€”this is the moment youโ€™ve been waiting for. XRP just hit $2.45, and the crypto world is…

Crosschain Laundering Rises 200% in Two Years to $21B: Elliptic

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At least $21.8 billion in illicit or high-risk crypto has flowed through crosschain swaps, up from $7 billion in 2023, according to estimates by UK-based blockchain analytics firm Elliptic. Elliptic attributes 12% of those movements to North Korea. Crosschain swaps were once a niche activity reserved for advanced traders and decentralized finance (DeFi) users, but theyโ€™ve evolved into a core component of money laundering. Illicit actors no longer simply send crypto through mixers or dump tokens on a single decentralized exchange (DEX). Nowadays, the funds move around multiple blockchains to…

Bitcoin Falls Below $117,000 Amid $3.5 Billion Profit-Taking Frenzy

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The Bitcoin price has slipped underย  $117,000 as on-chain data shows the network has observed one of its largest profit realization days of the year. Bitcoin Long-Term Holders Did The Major Share Of Profit-Taking In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Realized Profit indicator for the short-term holders and long-term holders. The “Realized Profit” measures, as its name suggests, the total amount of profit that the BTC investors are realizing through their transactions. The metric works by…