ETH Treasury Buys and ETF Flows Back Ether Rally Toward $3K

Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and…

BIT Mining Stock Soars 350% After $300M Solana Pivot Announcement

Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, with plans to raise up to $300 million to support the move. The company said on Thursday it plans to raise between $200 million and $300 million in different phases to build a sizable Solana (SOL) token treasury. The capital will…

US Lawmakers To Discuss Crypto Tax Policy Amid Push To Pass Three Bills

Lawmakers in the US House of Representatives are scheduled to hold a hearing on a crypto tax policy framework as part of Republicans’ push to consider bills on central bank digital currencies (CBDCs), stablecoins and market structure. In a Wednesday notice, leadership on the House Committee on Ways and Means and Oversight Subcommittee said they…

Hyperliquid DEX And Userbase Growth May Trigger Rally To $45

Key point: Hyperliquid (HYPE) has witnessed a strong growth trajectory in the past year, with average trading volume soaring, reaching $3 billion to $5 billion from less than $100 million, according to CoinGlass’ semi-annual crypto derivatives outlook. “Hyperliquid accounts for more than 80% of the DeFi perpetual contracts market share,” the report reads.  Could Hyperliquid’s…

What Happened In Crypto Today

Today in crypto, Malta’s cryptocurrency licensing process has come under scrutiny from the European Securities and Markets Authority (ESMA), GMX has paused trading after a liquidity pool exploit drained over $40 million, and the US has sanctioned a North Korean IT worker ring accused of targeting American companies. Malta’s MiCA licensing comes under scrutiny from…

Agora Raises $50M Series A Led by Paradigm to Expand AUSD

Stablecoin issuer Agora raised $50 million in a Series A funding round led by crypto venture firm Paradigm. The investment sets the stage for Agora to expand its white-label stablecoin offering, AUSD, amid growing interest in dollar-backed digital assets. Agora enables companies to launch their own branded stablecoins using AUSD’s underlying infrastructure, benefiting from shared…

Why Ethereum Price Could Still Rally to $5,000 in 2025

Key takeaways: Ethereum ETF inflows reflect persistent demand from institutions. ETH supply on exchanges hits eight-year low alongside rising whale accumulation. MVRV price bands and V-shaped chart pattern hint at $4,000-$5,000 ETH price. After an over 100% rally to $2,800 from multimonth lows below $1,400 in April, Ether’s (ETH) price has traded within a tight…

BIT Mining Stock (BTCM) Pivots to Solana, Plans $300M Raise to Acquire SOL

Cryptocurrency miner BIT Mining is shifting its focus to Solana with plans to raise up to $300 million to acquire SOL tokens. BIT Mining said it wants to “capture emerging opportunities across the broader blockchain” industry and attract investors seeking exposure to Solana in an announcement on Thursday. The company’s New York Stock Exchange-listed shares…

LetsBonk’s Soaring Userbase Could Start A Rally In Bonk

Key point: Solana memecoin launchpad LetsBonk’s 24-hour revenue surged to $1.04 million on Monday, nearly double the revenue of Pump.fun at $533,412, according to data aggregated by decentralized finance platform DefiLlama.  Bonk’s (BONK) price has rallied sharply since the launch of LetsBonk on April 25. Could the rally continue? Let’s analyze the charts to find…

Australia Banks Join Digital Currency Trial for Tokenized Assets

Australia’s central bank said on Thursday it’s moving to its next stage in exploring digital currencies, launching a trial on how digital money and tokenization can support wholesale financial markets.  The Reserve Bank of Australia (RBA) said in a statement on Thursday that stablecoins, bank deposit tokens and a pilot wholesale central bank digital currency…