Bitcoin Surges 0.49% Amid US-EU 15% Tariff Agreement News on July 24

More Reading

Altcoins Signal Fatigue in Bitcoin’s Consolidation Shadow as Correction Risks Emerge

06:41 24-07-2025 （1 day ago）

Leading altcoins including Ethereum (ETH), Solana (SOL), and Ripple (XRP) are displaying signs of short-term exhaustion as Bitcoin trades within a tight $117,000-$120,000 range. This consolidation has sapped momentum from alternative cryptocurrencies after weeks of notable gains. Despite registering significant advances since mid-July – Ethereum up 24%, Solana climbing 20%, and XRP rising 12% – these assets now confront potential...

BlackRock’s iShares Ethereum ETF Hits $10 Billion AUM Milestone in 251 Days

14:52 24-07-2025 （24 hours ago）

BlackRock's iShares Ethereum ETF (ETHA) has achieved the significant milestone of $10 billion in assets under management (AUM) in just 251 days since launch. This rapid accumulation places ETHA as the third-fastest ETF globally to reach the $10 billion mark, significantly outpacing traditional ETFs like JPMorgan’s Nasdaq Equity Premium Income ETF (JEPQ), which took 444 days to achieve the same...

Arthur Hayes Predicts Ethereum to Hit $10,000 as Driver of Next Crypto Supercycle

21:45 23-07-2025 （2 days ago）

BitMEX co-founder Arthur Hayes has forecasted that Ethereum (ETH) will lead the upcoming cryptocurrency supercycle, potentially reaching a price of $10,000. The prediction hinges on accelerating institutional demand and expanding use cases for Ethereum, particularly within the decentralized finance (DeFi) and non-fungible token (NFT) sectors. Hayes pointed to significant recent inflows into Ethereum-focused investment products and exchange-traded funds (ETFs) as...

Ethereum Consolidates Below $4,100 Amid Institutional Accumulation and ETF Inflows

19:54 24-07-2025 （19 hours ago）

Ethereum is currently trading in a consolidation phase below the pivotal $4,100 resistance level, with indicators suggesting potential for an imminent breakout. The cryptocurrency has established consistent support between $3,530 and $3,677, buoyed by a long-term bullish pattern indicating sustained upward momentum. Institutional investors are driving significant supply-side pressure, having acquired approximately 2.83 million ETH. This accumulation outpaces new ETH...

Judge Upholds $25M Fraud Charges in Landmark Ethereum MEV Exploit Case Against MIT Brothers

06:41 24-07-2025 （1 day ago）

A U.S. federal judge has declined to dismiss wire fraud charges against MIT graduates Anton and James Peraire-Bueno, accused of orchestrating a $25 million exploit targeting Ethereum Maximal Extractable Value (MEV) bots. This ruling establishes a significant legal precedent, affirming that traditional federal fraud statutes apply to novel exploits within blockchain protocols. Prosecutors allege the brothers executed a complex scheme...

Block’s S&P 500 Inclusion Boosts Bitcoin Exposure for Institutional Investors

19:43 23-07-2025 （2 days ago）

Financial technology company Block has gained entry into the S&P 500 index, broadening Bitcoin exposure for traditional equity investors. The firm holds 8,584 BTC valued at approximately $1 billion, allowing index-tracking funds and institutional portfolios indirect cryptocurrency access through mainstream investment vehicles. Block qualified for inclusion by meeting strict S&P 500 criteria including an $18+ billion market capitalization, public float...

South Korea Mandates ETF Adjustments to Curb Crypto Exposure in Line with 2017 Guidelines

04:38 23-07-2025 （2 days ago）

South Korea's Financial Supervisory Service (FSS) has instructed domestic asset management firms to modify their exchange-traded funds (ETFs) to comply with existing regulations restricting investments tied to cryptocurrency markets. The directive reinforces the Financial Services Commission's (FSC) 2017 guidelines, which prohibit local ETFs from holding US-listed ETFs with crypto asset exposure. An FSS spokesperson confirmed the regulatory stance remains unaffected...

South Korea’s Financial Regulator Advises Asset Managers to Limit Crypto ETF Exposure Amid Market Opening

09:33 23-07-2025 （2 days ago）

South Korea's Financial Supervisory Service (FSS) has issued informal guidance urging asset managers to reduce holdings in cryptocurrency-linked exchange-traded funds (ETFs). This advisory reinforces longstanding restrictions adopted in 2017 but coincides with the country's gradual move toward institutional crypto investment liberalization. Regulators specifically cautioned against overexposure risks, citing examples such as Korea Investment Management’s ETF holding over 14% in Coinbase...

Altcoin Season Index Signals Shift to Bitcoin Dominance with 41-Level Reading

01:51 24-07-2025 （2 days ago）

Market sentiment metrics show a significant move towards Bitcoin prominence, with the Altcoin Season Index recording a notable decline. The specialized gauge, which evaluates the performance of the top 100 cryptocurrencies against Bitcoin over a comparative 90-day window, has fallen to a reading of 41. A sub-50 level for this index is traditionally interpreted as signaling dominant market conditions favoring...

FTX to Distribute $1.9 Billion to Creditors by September Under Court-Approved Bankruptcy Plan

06:21 24-07-2025 （1 day ago）

FTX will distribute $1.9 billion in cash to eligible creditors by September 2025 as part of its bankruptcy reorganization plan approved by the U.S. Bankruptcy Court in Delaware. This initial payment targets holders of approved Class 5 (Customer Entitlement Claims), Class 6 (General Unsecured Claims), and specific Convenience Claims, with an eligibility cutoff date of August 15, 2025. The payout...

Ripple Warns of Escalating YouTube Hack Scams Promoting Fake XRP Giveaways

03:07 24-07-2025 （1 day ago）

Ripple has issued an urgent warning about sophisticated YouTube account hacks promoting fraudulent XRP giveaways, coinciding with a cryptocurrency market rally. The scams involve compromised channels impersonating Ripple executives and falsely claiming official sponsorship for non-existent promotions. One counterfeit YouTube channel reportedly accumulated 176,000 subscribers—more than double Ripple's official subscriber count of 81,000—demonstrating the scale of the operation. Scammers utilize...

Ethereum Price Dip Seen as Correction Within Ongoing Bullish Cycle

14:52 24-07-2025 （24 hours ago）

Ethereum (ETH) exhibits resilience despite a recent price retracement, retreating from levels above $3,600. The cryptocurrency has nonetheless maintained critical support zones around $3,300 and $3,080, signaling this downturn is unlikely to disrupt the broader upward trajectory. The price drop triggered significant market activity, leading to $197 million in liquidations for leveraged ETH positions. This event was part of a...