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The Royal Government of Bhutan transferred $23.73 million worth of Bitcoin to the Binance exchange within hours of Bitcoin reaching a new all-time high above $112,000, continuing the nation’s strategic pattern of selling during price peaks. Arkham Intelligence data shows that the government moved 213 BTC across multiple transactions, with the largest single transfer, worth…

A Chinese creditor of bankrupt crypto exchange FTX has pushed back against a proposal that could cut off creditor distributions to users in certain jurisdictions, including China. Key Takeaways: A Chinese FTX creditor is challenging a plan that could block payouts in 49 jurisdictions. Ji, representing over 300 creditors, claims $15 million across four verified…

Ripple CEO Brad Garlinghouse believes the stablecoin sector is poised for explosive growth, projecting the market could balloon from its current $250 billion capitalization to as much as $2 trillion in the near future. Key Takeaways: Ripple sees a $2 trillion stablecoin market as a realistic near-term outcome. RLUSD has surpassed $500 million in market…

Donald Trump Jr. has snapped up 350,000 shares in Thumzup Media Corp., a struggling Los Angeles-based social media startup that is stockpiling Bitcoin despite reporting just $151 in revenue last quarter. The stake, disclosed in a Wednesday filing, was worth more than $4m at the previous close of $12.36 per share. Trump Jr. reportedly made…

Decentralized exchange Hyperliquid has added a new derivative to its growing list of hyperps, announcing on Thursday the listing of PUMP-USD. The product, announced Thursday, allows users to long or short the unlaunched $PUMP token with up to 3x leverage, expanding speculative access to yet-to-launch assets. Unlike traditional futures, hyperps do not rely on external…

The crypto market is showing bullish signals today, with the total crypto market cap rising 1%. Bitcoin is up nearly 3% over the past 24 hours, currently trading just above $111,100, briefly touching $12,000 to hit a fresh all-time high. Ethereum has continiued its positive momentum today as it trades around $2,700, up 7%. But…

Bitcoin (BTCUSD) has recently achieved a new all-time high, signaling the onset of the next upward phase in its price trajectory. From the significant low recorded on June 22, 2025, at $98,240, Bitcoin has exhibited a robust five-wave advance, reinforcing the bullish outlook. This rally aligns with a classic five-wave impulse structure per Elliott Wave…

Senate Banking Committee Chairman Tim Scott (R-SC) urged his fellow U.S. lawmakers to advance key crypto market structure legislation during a crucial July 9 hearing. Crypto’s Not Going Anywhere, Tim Scott Says According to a Wednesday press release from the United States Senate Committee on Banking, Housing, and Urban Affairs, Scott praised the chamber’s passage…

Hong Kong is processing license inquiries from more than 40 companies ahead of its new stablecoin regulation, according to a report published by Yicai. The regulation, under the Stablecoin Bill, will come into effect on August 1, when the Hong Kong Monetary Authority (HKMA) begins accepting formal applications. Major Firms Line Up for Stablecoin Licenses…

USDT prices have reportedly risen in Argentina as demand for US dollars rises in the Latin American nation. Criptonoticias reported that the price of USDT rose above the 1,280 peso mark on July 8. At the time of writing, that would price USDT at USD 1.02, rather than USD 1.00. The news comes just three…