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Altcoins benefit from capital rotation as Bitcoin dominance slides amid consolidation

Altcoins advanced sharply last week while Bitcoin (BTC) held near record levels, shifting market leadership toward higher-beta tokens, according to the latest edition of the โ€œBitfinex Alphaโ€ report. Bitcoin reached an all-time high of $123,054, a 65% climb from its April low, before entering a sideways range between $116,000 and $120,000. As the flagship crypto [โ€ฆ] The post Altcoins benefit from capital rotation as...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Ring Users Report Mysterious Loginsโ€”Amazon Blames Backend Bug

Users spotted suspicious Amazon Ring logins dated May 28, days after the company's founder rejoined to "make neighborhoods safer."

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Tornado Cash Trial Takes a Turn as Roman Storm's Lawyers Mull Mistrial

Storm's lawyers said Monday that uncertainties over Tornado Cash's role in some of the events recounted by witnesses could be grounds for a mistrial.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Crypto ATMs seized in the UK amid growing scrutiny of kiosk-based exchanges

Crypto ATM arrests in London come as US states like Wisconsin move to limit daily transactions and mandate fraud warnings.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

BitGo joins flurry of crypto firms eyeing IPOs

BitGo has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering, signaling its intent to enter public markets amid renewed momentum in the digital asset sector. The companyโ€™s Form S-1 submission does not include share counts or pricing details, and the offering remains contingent on regulatory review [โ€ฆ] The post BitGo joins flurry of crypto firms...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Judge allows testimony on โ€˜feasibleโ€™ Tornado Cash code changes

The second week of the Roman Storm trial kicked off with Judge Katherine Failla allowing a witness to testify that Tornado Cash could have been modified to prevent criminal use.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

The Business of Memes: Inside the Solana Meme Coin Factory Pump.Fun

Pump.fun has generated $774 million in revenue, raised $600 million in 12 minutes, and created almost 12 million tokens on Solana. Can it keep it going?

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Hive Digital accelerates AI pivot with $100M HPC expansion โ€” Cointelegraph exclusive

Hive Digitalโ€™s HPC business is targeting a $100 million annual revenue run rate as it continues to diversify beyond Bitcoin mining.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Strategy Reveals Another Stock Offering to Boost $71 Billion Bitcoin Stash

Bitcoin treasury firm Strategy (formerly MicroStrategy) is launching a new financial product as a way to raise money for BTC buys.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Jito proposes a block marketplace to turn Solana into a โ€˜decentralized Nasdaqโ€™

Jito Labs published a proposal for a Block Assembly Marketplace (BAM) on July 21, a transaction-sequencing system that would enable developers to run central-limit order books, perpetual exchanges, and dark pools on Solana without altering the base protocol. The design introduces a network of BAM Nodes that sit beside the existing validator set, order encrypted [โ€ฆ] The post Jito proposes a block marketplace to turn...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange

Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Robinhood CEO Acknowledges OpenAI Crypto Stock 'Controversy'โ€”But Is Doubling Down

Vlad Tenev said Robinhood is dead set on expanding its tokenized stock offerings, despite warnings from the SEC about the novel asset class.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

What the DOGE? Why Dogecoin Has Jumped 40% in a Week

The Elon Musk favorite is the biggest gainer over the past week among the top 20 cryptocurrencies by market value.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Roman Stormโ€™s defense hints at mistrial after agents fail to trace funds stolen from witness to Tornado Cash

Roman Stormโ€™s defense team raised the prospect of a mistrial on July 21 after an FBI agent failed to confirm that the stolen assets from the prosecutionโ€™s first witness in his trial had passed through Tornado Cash. Journalist Matthew Russell Lee reported in real-time todayโ€™s session of the trial, highlighting that before the jury could [โ€ฆ] The post Roman Stormโ€™s defense hints at mistrial after agents fail to trace...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

StablecoinX to go public via SPAC merger, raising $360M for ENA treasury

The new entity will manage a crypto corporate reserve powered by the ENA token, with investors including Pantera, Galaxy Digital and the Ethena Foundation.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump Media discloses $2B Bitcoin holdings as Congress approves key crypto legislation

Trump Media and Technology Group, the parent company of Truth Social, revealed it has amassed roughly $2 billion worth of Bitcoin (BTC) and related digital assets, expanding on an investment strategy disclosed earlier this year. The companyโ€™s July 21 filing comes days after the U.S. House of Representatives advanced a trio of crypto bills, including [โ€ฆ] The post Trump Media discloses $2B Bitcoin holdings as Congress...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Ethena launches StablecoinX as ENA climbs 8% and USDe supply crosses $6B

The Ethena Foundation is making a bold push into the public markets by creating a new stablecoin-focused treasury firm, StablecoinX Inc. According to a July 21 statement, the company will go public through a merger with TLGY Acquisition Corp. As part of the deal, StablecoinX plans to invest $360 million into the buyback and accumulation [โ€ฆ] The post Ethena launches StablecoinX as ENA climbs 8% and USDe supply crosses...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

To the moon? Justin Sun to be launched into space after $28M bid

The Blue Origin mission is expected to move forward with six crew members after a 2021 bid from the Tron founder.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Polymarket eyes return to the US following acquisition of CFTC-licensed QCEX for $112M

Polymarket acquired the holding company behind QCX LLC and QC Clearing LLC for $112 million, securing a Commodity Futures Trading Commission (CFTC)-regulated exchange and clearinghouse. According to the July 21 announcement, the movement will enable the blockchain prediction venue to serve American customers in compliance with federal regulations. Regulatory reset precedes deal The purchase arrives [โ€ฆ] The post...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

FTX seeks time to respond as creditors fight freeze on $470M foreign claims

The FTX estate calls 49 countries โ€œrestricted foreign jurisdictionsโ€ including China, which accounts for 82% of repayment funds the bankrupt cryptocurrency exchange would hold back.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Coinbase starts CFTC-regulated perpetuals for US traders, offering 10x leverage and 0.02% fees

Coinbase debuted its offering of perpetual futures contracts in the US on July 21, starting with the contracts โ€œnano Bitcoin Perpetual Futuresโ€ and โ€œnano Ether Perpetual Futures (ETH-PERP).โ€ Coinbase Futures announced on X that the new listings will carry no monthly expirations, allow a margin of up to 10x, and charge taker fees as low [โ€ฆ] The post Coinbase starts CFTC-regulated perpetuals for US traders, offering 10x...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Ethereum Is So Back? ETH Price Jumps to 2025 High Amid Open Interest Surge

Ethereum has spiked 26% over the past week as investors pour into ETFs and public companies establish ETH treasuries.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Bit Origin Buys Millions in Dogecoin After Revealing $500M Raise for DOGE Treasury

Bitcoin mining infrastructure firm Bit Origin is going hard on Dogecoin, starting to buy up DOGE for its meme coin treasury.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

SEC chair says Ethereum not a security and praises its pivotal role in digital currencies

Securities and Exchange Commission (SEC) Chairman Paul Atkins told CNBCโ€™s โ€œSquawk Boxโ€ on July 21 that the agency has โ€œstated informally more than formallyโ€ that Ethereum (ETH) is not a security, but deciding whether to hold the token in treasury reserves โ€œis up to companies to decide.โ€ Atkins added that Ethereum is โ€œa very key [โ€ฆ] The post SEC chair says Ethereum not a security and praises its pivotal role in digital...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Polymarket Eyes US Return via $112 Million Crypto Exchange Acquisition

Although activity has cooled since Election Day, Polymarket registered $1.1 trillion in trading volume in June.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Stablecoin or CBDC? Tetherโ€™s latest freeze adds fuel to decentralization debate

Following its latest freeze of nearly $86K in stolen USDt, Tetherโ€™s enforcement capabilities are again in the spotlight โ€” raising questions about centralized control in stablecoin ecosystems.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

UK Chancellor Mulls Selling $7.2B Bitcoin Stash to Plug Gap in National Finances

Trade association CryptoUK urged the government to take a โ€œlong-term viewโ€ on holding Bitcoin seized from criminals.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

'Sick to My Stomach': Why Dave Portnoy Fumbled His XRP Bag Before the Boom

Barstool Sports founder Dave Portnoy said he missed out on โ€œmillionsโ€ by dumping his XRP before the record surge. Hereโ€™s why he sold.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Bitcoin bull run 'likely close to over' says trader as XRP flips McDonald's

Bitcoin price action leaves a lot to be desired as an XRP market cap milestone compounds trader excitement over a new "altseason."

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin dominance slips as Ethereum explodes after record $4.39 billion inflows week

Digital asset investment products set a new all-time high last week, attracting $4.39 billion in inflows. The surge came as investor appetite for Bitcoin and Ethereum ETFs continued to rise, according to the latest weekly report from CoinShares. This figure surpasses the previous record of $4.27 billion set in December 2024, following the US presidential [โ€ฆ] The post Bitcoin dominance slips as Ethereum explodes after...

Published on: July 21, 2025 | Source: CryptoSlate favicon CryptoSlate

'Ethereum Avengers' Firm to Generate ETH Using $1.5 Billion Stockpile

The firm received a $645 million โ€œanchor investmentโ€ from its Consensys-linked co-founder and chair.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Trump Media Buys $2 Billion in Bitcoin, BTC Securities for Treasury

The company, which owns the Truth Social social media platform and has struggled financially, joins a growing number of companies to create Bitcoin treasuries.

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt

Trumpโ€™s Bitcoin mentor bet on BTC treasury strategies โ€” and his wealth is exploding

David Bailey played a key role in transforming US President Donald Trump from a crypto skeptic into a vocal supporter. Now, heโ€™s reaping the rewards.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Pro-Israel hackers took $81M in crypto โ€” but it wasnโ€™t about the money

A pro-Israel hacker group stole $81 million worth of crypto from Iranโ€™s largest crypto exchange, Nobitex, adding to the conflict between the two countries.

Published on: July 21, 2025 | Source: Cointelegraph favicon Cointelegraph

SOL LEADS MAJORS, NFTS HEAT-UP, BIG WEEK FOR EARNINGS

BTC dominance slides by largest margin in 3 years. SOL hits $100bn, leads majors in catch-up trade. ETH ETF inflows again surpass BTC. 40% of ETH ETF total inflows in the last 8 days. WH to release first crypto report this week. Trump signs GENIUS Act, Crypto stocks rally. UK considers sale of GBP 5bn seized BTC. Sequans buys $150m BTC. ABA urge delay in Circle, Ripple license approval. Ether Machine launched to buy...

Published on: July 21, 2025 | Source: Decrypt favicon Decrypt