Author: John Smith
Monero is trading within a well-defined volume range, currently testing key resistance at the value area high. A healthy correction from this level could set up a bullish reversal toward $417. Monero (XMR) has been moving inside a broad high time frame range, with price oscillating between the value area low and the value area high. Price is currently testing major resistance aligned with the 0.618 Fibonacci retracement, a level historically known for triggering rejections and short-term corrections. A pullback from this region could offer a high-probability setup near $269, a support zone loaded with technical confluence. Key Technical Points…
Bitcoin has long been treated as the default corporate crypto holding. Enlightify’s CYBER allocation challenges that dogma, betting instead on a token designed to power decentralized AI networks. In an announcement on July 17, the Cyber Foundation said Enlightify Inc. plans to acquire up to $20 million worth of CYBER tokens over the next year as part of its long-term digital asset treasury strategy. The NYSE-listed firm will accumulate the tokens through a staged, open-market purchase model, with dollar-cost averaging guiding the acquisition. Enlightify’s blockchain subsidiary, Antaeus Tech, will oversee the effort, marking the firm’s first public move beyond traditional…
Injective protocol is forming a bullish pennant above major high time frame support. Price is coiling near the value area low, and a breakout backed by volume could trigger a 150% rally toward key Fibonacci levels. The recent correction in Injective (INJ) appears to be stabilizing, with price now consolidating into a bullish pennant formation. High time frame support at $9.19 has been respected, and the market is forming equilibrium just above this level. This signals potential accumulation, as the market pauses before a possible breakout. Key technical points Pennant forming at value area low: Price is compressing into a…
Kaspa price is up 15% in the past week as it hovers near the $0.1 mark. In the past 24 hours, Kaspa (KAS) has recorded a notable 30% increase in daily trading volume to over $131 million. KAS price was at $0.092. According to data from Coinglass, the KAS token trades with a 2% uptick in open interest to $199 million. Meanwhile, derivatives volume has surged 49% to over $252 million. With digital assets in bullish territory amid key developments during the “crypto week”, KAS price may eye a breakout to $0.2 – an area of its all-time high seen…
The Algorand Foundation has expanded its collaboration with Hex Trust, bringing staking rewards to institutional investors. Algorand (ALGO), a protocol that seeks to solve the proof of staked centralization dilemma via its Pure Proof-of-Stake consensus model, already taps into Hex Trust as a web3 custody provider. The expanded partnership seeks to bolster decentralization by leveraging the regulated digital asset financial institution’s platform to offer institutional access to Algorand’s staking rewards. Algorand said in a blog post that Hex Trust’s solution will help strengthen the PPoS blockchain’s infrastructure as the ecosystem grows. Hex offers institutional-grade web3 custody, regulatory compliance, and security…
Tokenization of stocks and bonds presents a multi-trillion-dollar opportunity that could reshape crypto markets over the coming decade, Bitwise’s Matt Hougan says. Summary Tokenization is advancing fast, with Robinhood, Kraken, and Coinbase launching platforms and institutions backing blockchain networks. The market size is huge — tokenizing stocks and bonds could unlock a $257T opportunity. Crypto impact is near, with 1–5% of assets possibly going on-chain in the next few years. Investment options include layer 1 tokens (ETH, SOL, LINK) and stocks like Coinbase or Robinhood. Tokenization is heating up, and Bitwise’s chief investment officer Matt Hougan says it might start…
CEX.io researchers believe that 2025 could be a record year for venture capital investment in crypto. After several years of relative stagnation, venture capital is once again interested in crypto. According to a report by CEX.io, published on Thursday, July 17, venture deals in the first half of 2025 reached $16.5 billion. This suggests that 2025 could be on track to become the record year in venture deals. Half-year crypto venture capital deal volume since 2021 | Source: CEX.io This volume already surpasses the $12.2 billion recorded in all of 2024. It also exceeds the $10.9 billion in 2021, which…
Tim Scott praised the House of Representatives for passing the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins Act, marking a major step forward in U.S. digital asset regulation. In a July 17 statement, Senate Banking Committee Chairman Tim Scott (R-S.C.) called the legislation which was just passed “a major milestone in securing America’s leadership in payments innovation,” and emphasized its alignment with former President Donald Trump’s agenda to establish the U.S. as “the crypto capital of the world.” The GENIUS Act, which Scott co-sponsored and shepherded through the Senate, establishes a comprehensive regulatory framework for payment stablecoins. It…
XRP has surged to a new all-time high, breaking a seven-year record as momentum builds across the altcoin market. On Friday, July 18, the token reached a new record high of $3.64, above its previous high of $3.40, set in January 2018. According to crypto.news price tracker, XRP (XRP) is trading at $3.59 as of press time, up 18% in the last day and 40% in the last week. Following the latest surge, XRP’s market value has risen to $212 billion, making it the third-largest cryptocurrency by market capitalization, outpacing Tether (USDT). Its market capitalization has increased by 65% in…
Beyond the stolen millions, the breach exposed a deeper truth: Iran’s crypto economy is less a market than an extension of state power. Leaked code shows surveillance built in, VIPs protected, and miners mobilized in crisis. In a report shared with crypto.news on July 17, TRM Labs revealed how Israel-linked hackers known as Predatory Sparrow infiltrated Nobitex on June 18, siphoning $90 million in a politically charged cyberattack. But the breach did more than drain funds; it laid bare Tehran’s hidden control over the exchange, from warrantless surveillance tools to preferential treatment for regime-linked users. The fallout has been severe.…