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Grayscale pushes back on SECโ€™s decision to stay ETF conversion

Grayscale Asset Management has questioned the US Securities and Exchange Commission (SEC) decision to issue a stay on the application to convert the Digital Large Cap Fund (DLCF) into an exchange-traded fund (ETF). In a July 8 letter, Grayscaleโ€™s legal team argued that the SEC exceeded its authority, as the application had already been approved [โ€ฆ] The post Grayscale pushes back on SECโ€™s decision to stay ETF conversion...

Published on: July 11, 2025 | Source: CryptoSlate favicon CryptoSlate

Strategy, Metaplanet and Others Sit on Billions in Bitcoin Gains โ€” and Theyโ€™re Not Selling

Bitcoin is trading at all-time highs, and major holders like Strategy and El Salvador are sitting on massive unrealized profits.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

SEC's Halt of ETF Holding XRP and Solana Has Investors 'Suffering Harm', Grayscale Says

Grayscale said in a letter on Tuesday that it may take legal action if the SEC continues to hold up the debut of its multi-token fund on NYSE Arca.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

Grayscale calls out SEC delay of Digital Large Cap Fund ETF listing

Attorneys for Grayscale argued that the US regulator's delay of the approval or disapproval decision clashes with existing statutes.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

XRP Price Spike Outpaces Bitcoin as Open Interest Nears 6-Month High

Bitcoin keeps pushing to new highs, but the Ripple-linked XRP has actually surged more over the past day while open interest soars.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

Weekly Recap: Bitcoin Hits ATH as Dozens of Treasuries Bloom

Meanwhile, Congress geared up for an historic โ€œCrypto Weekโ€ next week.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Binance helped create World Liberty Financial stablecoin โ€” Report

A Friday report from Bloomberg suggested closer ties between US President Donald Trump's family-backed crypto business and one of the largest digital asset exchanges.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

SharpLink Shares Rise After Firm Buys $30 Million in ETH From Ethereum Foundation

The Ethereum treasury company is only second to the Ethereum Foundation in the size of its holdings.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

Dogecoin Barks Up Huge Gains as Meme Coin Traders Await Pump.fun Token Sale

Meme coins, led by Dogecoin, are jumping higher Friday as Bitcoin hits new highsโ€”and the Pump.fun Solana token sale is only hours away.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

SOL: Nasdaq-Listed Firm Secures $200M in Financing, with Over $150M Tied to Solana Treasury Strategy

Solana advances from $156.45 to $166.65 amid heightened trading activity and corporate accumulation strategies signalling sustained upward trajectory.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Tether/Circle Stablecoin Supply Growth Signals Strong Liquidity Backing Crypto Rally

The market capitalization of the two largest stablecoins โ€” USDT and USDC โ€” reached new records this week, a sign that capital is flowing into digital asset markets.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

BTC & ETH SOAR, S&P HITS ATH, MOG LEADS MEMES

BTC hits ATH, ETH breaks $3k on huge ETF inflows. One of biggest BTC short liquidation event in years. China may be reassessing crypto stance. IBIT hits record $76b AUM. Trump talks up impact of tariffs in crypto, stocks rally. US treasury removes crypto broker reporting rules. K Wave Media raises $1b to buy BTC. Companies bought $17.7b BTC in Q2. BIT Mining to raise $300m to buy SOL. ETH Foundation sells $3.5m ETH....

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

Will Pump.fun's Solana Token Pump After Launch? Experts Weigh In

At its earliest, Pump.fun's token will become tradable on Monday and traders are starting to question whether it'll pump or dump.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

Dubai won the real estate tokenization play

Dubai is pioneering real estate tokenization with a regulated, blockchain-based framework that democratizes property investment, enabling global retail investors to buy fractional shares in prime properties.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

Robinhood Probed by Florida AGโ€™s Office Over Allegedly โ€˜Deceptiveโ€™ Crypto Pricing Claims

The Florida Attorney General said there is evidence that crypto trading on Robinhood is actually more expensive due to its payment for order flow (PFOF) model.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Grayscale Challenges SECโ€™s Delay of GDLC ETF Launch, Calls Stay Order Unlawful

The asset manager says the SECโ€™s surprise pause on its approved multi-asset crypto ETF is unlawful and hurting investors.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum advances toward censorship-resistant scaling with zkEVM layer-1 shift

Ethereum is advancing its long-term scalability strategy with a substantial technical shift to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into the layer-1 blockchain. On July 10, Sophia Gold, an Ethereum Foundation developer, stated that the foundation aims to ship the L1 zkEVM within a year, marking a critical evolution in Ethereumโ€™s pursuit of efficient, [โ€ฆ] The post Ethereum advances toward...

Published on: July 11, 2025 | Source: CryptoSlate favicon CryptoSlate

How crypto scammers used dating apps to steal $36.9M and launder it to Cambodia

Looking for love lost $36.9 million to crypto scammers: A story of how Axis Digital turned sweet words into stolen coins and laundered it all to Cambodia.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

Spot Bitcoin ETFs See $1B of Inflows as IBIT Becomes Fastest Fund to Hit $80B in Assets

The spot bitcoin exchange-traded funds (ETFs) raked in over $1 billion in inflows on Thursday, marking one of their strongest single-day totals since launch. The surge came as bitcoin broke a new all-time high above $118,000.Leading the pack was BlackRockโ€™s iShares Bitcoin Trust (IBIT), which crossed $80 billion in assets under management (AUM), making it the fastest ETF in history to hit that milestone. It took IBIT...

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum futures volume surpasses Bitcoin for first time amid 5 month high

Ethereumโ€™s daily futures trading volume exceeded Bitcoinโ€™s for the first time on July 10, a landmark development that coincided with the assetโ€™s price testing the $3,000 level. The technical flip in the derivatives market indicates a potential shift in trader sentiment and capital allocation, lending credence to narratives of a changing market structure. Data from [โ€ฆ] The post Ethereum futures volume surpasses Bitcoin...

Published on: July 11, 2025 | Source: CryptoSlate favicon CryptoSlate

SharpLink buys 10,000 ETH from Ethereum Foundation as Ether reclaims $3K

The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming at a steep discount just before Ether briefly surpassed $3,000.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

US Congress prepares for โ€˜Crypto Weekโ€™ as industry urges lawmakers to act

As Congress prepares to debate three major crypto bills during โ€œCrypto Week,โ€ the crypto community and advocacy groups are racing to turn momentum into real legislation.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

CoinDesk 20 Performance Update: HBAR Surges 13.5% as All Assets Trade Higher

Cardano (ADA) joined Hedera (HBAR) as a top performer, rising 12.6% from Thrusday.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum Foundation Sells 10,000 ETH to SharpLink in First-Such OTC Deal

The company is positioning ETH as its primary treasury reserve asset and said it plans to stake and restake the acquired ETH, effectively removing it from circulation.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Shiba Inu's 18% Monthly Price Gain Signals Potential Double Bottom Rally

Shiba Inu's price has rallied 18% this month, marking its best performance since November, driven by increased risk-taking in the crypto market.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Peter Schiff says sell Bitcoin for silver as BTC smashes new highs

Bitcoinโ€™s latest rally sparked a reaction from Peter Schiff, urging a switch to silver, while others were more bullish than ever.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum Foundation denies selling assets amid ETHโ€™s climb past $3,000

Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market. According to CryptoSlate data, ETHโ€™s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time. This [โ€ฆ] The post Ethereum Foundation denies selling assets amid ETHโ€™s climb past $3,000 appeared...

Published on: July 11, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin ETFs Post Second-Biggest Day Ever: Why It Matters

BlackRockโ€™s IBIT led Thursdayโ€™s ETF inflows with $448.5 million, as capital consolidated into top issuers despite outflows from GBTC.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

PEPE Jumps 14% as Whales Pile In, Bitcoin Breaks $118K in Broad Crypto Rally

The top 100 addresses increased their holdings by 2.3% over the past month, while exchange holdings have dropped by 2.17%.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum Foundation roadmap targets zkEVM in mainnet within a year

The Ethereum Foundation is preparing to bring zero-knowledge technology to Ethereum, with plans to launch a zkEVM on the layer-1 network within a year.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

BNB Climbs Toward $700 as $1B Token Burn and Corporate Treasury Plans Fuel Demand

The price rise was driven by a combination of the broader cryptocurrency market rally and a fresh $1 billion token burn.

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Shanghai officials warm to stablecoins despite China crypto ban: Report

Local authorities and state-owned publications in mainland China are increasingly calling on the government not to dismiss the increasing global adoption of stablecoins.

Published on: July 11, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Record Is Job Only Half Done: Crypto Daybook Americas

Your day-ahead look for July 11, 2025

Published on: July 11, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Price Reaches Pivotal Momentโ€”Is $120K Next?

Bitcoin hit a new all-time high above $118,000 as institutions drove the rallyโ€”while analysts predicted a $120K target by month-end.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt

$1.14B in Crypto Shorts Rekt as Ethereum Tops $3K For First Time Since February

Ethereum topped $3,000 for the first time since February, following the largest single day for ETH exchange-traded fund inflows.

Published on: July 11, 2025 | Source: Decrypt favicon Decrypt