Bitcoin (BTC) is showing signs of consolidation after reaching a new all-time high (ATH) of $122,884, but market analysts suggest that another leg higher remains possible before July ends. BTC Consolidation Expected After Sharp Rally Following a record-breaking rally earlier this month, Bitcoin is currently hovering around $118,000, pausing to consolidate gains. Michael Harvey, head of franchise trading at Galaxy Digital, noted that “pausing here for air” is likely given the recent surge. “Consolidation around current prices is my base case given the large rally and new ATH,” he explained. This base case scenario reflects a healthy market cooldown, often…
Author: Blockto Team
Chainlink’s native token, LINK, surged over 7% in the last 24 hours, reaching a multi-month high of $19.12 amid growing momentum in the altcoin market. The rally comes as Chainlink Labs announces its admission into the U.S. SEC’s Crypto Task Force, underscoring the protocol’s rising importance in shaping compliant asset tokenization frameworks. LINK Hits Highest Price Since February Between July 17 and 18, LINK jumped from $17.25 to $19.12, marking its strongest performance since February. The surge was accompanied by a broader altcoin rally, driven in part by the recent passage of key crypto legislation in Congress that’s improving regulatory…
NEAR Protocol has posted double-digit gains as the AI crypto sector experiences renewed momentum, supported by strong volume and broader altcoin rotation. The price of NEAR surged by 11.6%, rising from $2.81 to $3.04 between July 17 and 18, before stabilizing near $2.84. This rally aligns with growing institutional interest in AI-integrated blockchain protocols. AI-Driven Altcoin Season Fuels NEAR’s Rally The recent altcoin revival has been largely fueled by capital rotation away from large-cap assets like Bitcoin and Ethereum. As part of this trend, AI-linked tokens are gaining traction. Investors are seeking exposure to next-generation blockchain projects that incorporate machine…
Ether.fi, a leader in Ethereum liquid restaking solutions, is expanding into the HyperLiquid ecosystem, introducing a new liquid staking token called beHYPE. The integration is being carried out in collaboration with HyperBeat, a native DeFi protocol on HyperLiquid, and aims to provide enhanced staking opportunities within the rapidly evolving HyperEVM environment. What is beHYPE and Why It Matters The beHYPE token will serve as a liquid staking token for users within the HyperLiquid network. It enables participants to stake assets while maintaining liquidity, unlocking new use cases in DeFi, lending, and yield farming. Before the full launch of beHYPE, users…
Bit Digital, a publicly traded crypto firm listed on Nasdaq, has made a major move in its Ethereum-focused treasury strategy by acquiring 19,683 ETH. The purchase, funded through a recent institutional offering, brings the company’s total ETH holdings to over 120,000, valued at approximately $432 million at current market rates. Major ETH Acquisition Backed by $67.3M Capital Raise The recent purchase of ETH was financed through a $67.3 million direct offering targeted at institutional investors. This move underscores Bit Digital’s commitment to reallocating resources away from bitcoin mining and toward long-term Ethereum-based treasury management. This marks one of the largest…
Real Bedford FC Owner Steps Up Amid Local Crime Surge Prominent Bitcoin podcaster and Real Bedford FC owner Peter McCormack has taken a bold new step — launching his own private security patrols in the UK town of Bedford, claiming that local police have failed to protect the community. In a fiery statement shared on social media, McCormack said: “If the police won’t keep the town safe for our women and children, I will.” “The Police Have Failed Us,” Says McCormack McCormack cited a growing sense of unease in Bedford, with rising incidents of: “Shops are closing, families no longer…
Tether Commits to U.S. Compliance, Circle Declares It’s Already Aligned In the wake of President Donald Trump’s signing of the GENIUS Act, the world’s top stablecoin providers — Tether (USDT) and Circle (USDC) — have issued major responses regarding their plans for operating within the newly defined U.S. stablecoin regulatory framework. Paolo Ardoino, CEO of Tether, stated his firm is preparing to enter the U.S. market, comply with the GENIUS Act, and introduce a new institutional-grade version of its stablecoin. Meanwhile, Jeremy Allaire, CEO of Circle, affirmed that his company is already fully compliant with the standards now codified in…
Security Flaw in TeleMessage App Prompts Hacker Activity Surge A critical security vulnerability tracked as CVE-2025-48927 in the TeleMessage communication app is currently under active reconnaissance and exploitation attempts, according to a new report from cybersecurity intelligence firm GreyNoise. Since April, at least 11 IP addresses have directly attempted to exploit the flaw, while over 2,000 additional IPs appear to be engaged in ongoing reconnaissance activities, seeking potential openings in related systems. Legacy Endpoint in Spring Boot Actuator Creates Critical Risk The root of the vulnerability lies in Spring Boot Actuator, a Java-based diagnostics and monitoring framework. Specifically, the issue…
Landmark Bill Brings Regulatory Clarity to U.S. Stablecoin Industry President Donald Trump officially signed the GENIUS Act into law on Friday, delivering the first major piece of federal crypto legislation in the United States. The signing ceremony, held in the East Room of the White House, drew a crowd of crypto industry leaders and marked a pivotal moment for the digital asset space. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act passed the House with strong bipartisan support (308-122) and cleared the Senate with a 68-30 vote, reflecting a growing consensus across party lines that regulatory clarity…
The price of Bitcoin (BTC) fell to $117,500 on Friday as traders booked profits following a week of strong gains driven by positive sentiment around U.S. crypto legislation and potential access to digital assets in retirement accounts. This marks a slight drop from earlier highs above $120,000, but analysts suggest the broader trend remains intact. Bitcoin is still up significantly from early July levels, and analysts do not see signs of speculative overheating typically seen near market tops. Other major cryptocurrencies also retreated. Ether (ETH) pulled back to $3,550 after touching near its 2025 high around $3,700, while XRP briefly…