Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by fresh capital inflows – not a rotation out of Bitcoin (BTC), as some have suggested. ETH Rally Driven By Fresh Capital According to a CryptoQuant Quicktake post by contributor Carmelo Aleman, claims that ETH’s current rally is a result of capital rotation from Bitcoin to Ethereum are unfounded. Aleman references on-chain data…
Month: July 2025
BTC Price Compression May End With White House Crypto Report
Key points: Bitcoin’s price compression and the Bollinger Bands suggest a range expansion will occur soon. This week’s early price weakness is likely the result of traders cutting risk ahead of Wednesday’s FOMC and a White House update on its crypto policy and Bitcoin strategic reserve. Bitcoin (BTC) continued to trade within the $117,000 to $120,000 range on Tuesday, and it looks poised for a daily close below $118,000. Some analysts have called for BTC to retest underlying support at $114,000 to $110,000, and while technicals do support such a…
MARA Shares Jump as Q2 Revenue Beats Wall Street’s Expectations Thanks to Surging BTC Price
Bitcoin miner MARA Holdings (MARA) shares jumped nearly 4% in post-market trading after the company posted record revenue for its second quarter, beating Wall Street’s expectations. MARA reported revenue of $238.5 million, a 64% rise from $145.1 million in the same quarter a year ago, according to an earnings presentation. The mining firm said the increase was primarily due to a 50% rise in the average bitcoin price during the quarter. MARA’s revenue also beat the average analyst estimate of $227.9 million, according to the FactSet data. The company mined…
Saylor’s Strategy Buys 21K Bitcoin With IPO Earnings
Michael Saylor’s Strategy says it bought 21,021 Bitcoin after raising $2.5 billion from its fourth preferred stock — STRC — making it the largest US initial public offering in 2025 so far. Strategy, which has the largest Bitcoin (BTC) holdings among public companies, said on Tuesday that its latest buy was at an average purchase price of $117,256 per coin, bringing its total stash to 628,791 BTC. The purchase was the firm’s largest since March 31, BitcoinTreasuries.NET data shows. The company formerly known as MicroStrategy raised $2.5 billion by selling…
Rakbank Introduces AED-Based Crypto Trading for UAE Clients
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
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Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens
PayPal has officially rolled out its “Pay with Crypto” feature, allowing U.S.-based merchants to accept payments in over 100 cryptocurrencies. From Bitcoin and Ethereum to stablecoins like USDT, USDC, and XRP, the platform aims to streamline international commerce with lower fees and faster settlements. Related Reading Merchants can now accept crypto payments from wallets like MetaMask, Coinbase, Kraken, and Binance, with all transactions instantly converted to either U.S. dollars or PayPal’s own stablecoin, PYUSD. This means businesses no longer need to manage wallets or worry about crypto price volatility. With a…
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Circle’s USDC Will Soon Be Available to US Banks
The stablecoin issuer has struck a partnership with a Florida-based fintech firm to make USDC available to traditional financial institutions. U.S. Banks Will Gain Access to Circle’s USDC via New Integration Circle (NYSE: CRCL) has agreed to integrate its flagship stablecoin USDC with a traditional payment platform dubbed “Money Movement Hub” run by a Florida-based […] Source CryptoX Portal
eToro to Tokenize 100 Most Popular US Stocks on Ethereum
Trading and investing platform eToro has announced plans to launch tokenized US stocks as ERC-20 tokens on the Ethereum blockchain. The upcoming rollout will include the 100 most popular US-listed stocks and ETFs, tradable 24/5 as blockchain-based assets, the company said on Tuesday. According to eToro, users will eventually be able to transfer tokenized stocks off the platform into self-custody or DeFi protocols. “Yes—that is 100% the objective here,” a spokesperson told Cointelegraph. “Users can buy a tokenized stock on eToro, redeem it to the eToro wallet and from there…