Crypto Traders Swap Bitcoin For Altseason Bets This Week

Bitcoin (BTC) starts the last full week of July in “wait and see” mode as altcoins steal the spotlight. BTC price action continues to consolidate after $123,000 all-time highs, and liquidation levels are making some traders nervous. Price targets, even those held for many months, coalesce around $150,000 for the cycle top. Fed Chair Jerome…

Bank Groups Urge OCC Delay Allowing Crypto Bank Charter Bids

US banking groups have urged the country’s banking watchdog to postpone its decision on crypto companies’ bank licenses until more details about their plans are public, claiming that allowing the bids would be “a fundamental departure” from current policy. The American Bankers Association and other bank and credit union trade groups said in a letter…

Ether RSI’s ‘Buy Signal’ Projects $7K-$10K Cycle Top for ETH Price.

Key takeaways: Ether price has climbed to a six-month high, driven by record ETF inflows and rising network activity.  The RSI buy signal at 40 in April, historically tied to major ETH price rallies, suggests a potential price target of $7,000-$10,000 in 2025. Ether’s (ETH) price rallied toward $3,500 on Thursday, a level not seen…

UK Eyes $7B Seized Bitcoin Sale To Boost Budget: Report

The UK is reportedly eyeing the sale of over 5 billion British pounds ($6.7 billion) worth of seized Bitcoin to help fill a deficit in the country’s budget. The Home Office and the head of the country’s Treasury, Rachel Reeves, are working with law enforcement to sell off its stockpile of seized Bitcoin (BTC) and…

MetaMask Bug Shortens SSD Lifespan, Users Warn on GitHub

Consensys, the blockchain firm behind MetaMask, has confirmed it will be “imminently” releasing a fix for its MetaMask browser extension after users reported it has been writing hundreds of gigabytes of data per day into their solid-state drives, potentially shortening their lifespan.  Speaking to Cointelegraph, a Consensys spokesperson confirmed there has been “usually high disk…

Ethereum Gas Limit Increases As Validators Back Network Expansion

Ethereum’s throughput ticked up on Sunday as more validators signalled their support for increasing Ethereum’s gas limit to 45 million units, which will reduce transaction fees and enable improved network scaling.   Ethereum’s gas limit rose to over 37.3 million units on Sunday, according to Etherscan, up almost 3% from levels late last week, while…

How to Use Google Gemini to Turn Crypto News Into Trade Signals

Key takeaways Google Gemini can break down complex crypto news, like new US legislation, by pulling clear summaries from trusted sources. By scanning reactions on X, Gemini reveals how investors feel about the news, helping traders gauge short-term momentum. Gemini highlights who benefits first, like stablecoin issuers and compliant exchanges, and who faces risk, particularly…

GENIUS Act Is Just the Start, Crypto Experts Say After Crypto Week

The proclaimed Crypto Week has concluded with significant regulatory progress, including the passage of the much-anticipated GENIUS Act. However, industry experts claim the regulatory clarity is just the foundation for what lies ahead. “Clarity is just a starting point, not an endpoint,” Leo Fan, co-founder of Cysic, told Cointelegraph. He pointed to the need for…

RWA Mass Adoption in TradFi And DeFi Boost LINK Price

Key point: At the RWA Summit Cannes, Nelli Zaltsman, JPMorgan Kinexys’ head of blockchain payments innovation, said that decentralized finance and traditional finance are converging rapidly. The banking giant, Chainlink (LINK), and Ondo Finance (ONDO) recently completed a crosschain Delivery versus Payment (DvP) test transaction, involving a permissioned payment network and a public testnet. Could…

Bitcoin, Ether Tipped For Upside As ETH Hits 7-Month High

Key points: Bitcoin market participants expect a resistance trend line breakout, with nearby targets including $125,000. Attention continues to focus on altcoins while Bitcoin consolidates, with Ether reaching seven-month highs. Upside potential across altcoins remains, with many not yet copying Ether’s rebound, says the latest market commentary. Bitcoin (BTC) circled $118,500 into Sunday’s weekly close…