Author: CryptoHoppers
Key Takeaways Bitcoin faces selling pressure after making a new ATH with the Satoshi-era whale escalating the scale. However, the question now is whether BTC’s pullback can take its price below the $110K zone. Bitcoin [BTC] made a new ATH of $122,838 this week, reigniting the buzz around the king coin. This came at a time when the U.S. streamlined its regulations to ease the adoption of Bitcoin and other cryptocurrencies. As the price of BTC broke above the $120,000 mark, a shift in sentiment was noted. The Bitcoin Whale Position Sentiment showed that selling was becoming increasing dominant, sitting…
[…] timing of the process comes amid heightened political attention. President Donald Trump has strongly opposed Powell’s interest rate policies and demanded his dismissal. Lawmakers and regulators have equally questioned […] Source link
Key Takeaways The DOJ and CFTC have ended their investigations into the crypto-betting platform Polymarket. Polymarket may now seek official US re-entry through CFTC registration or acquisition of a licensed entity. Share this article The US Justice Department and Commodity Futures Trading Commission have ended their investigations into crypto-betting platform Polymarket, Bloomberg reported Tuesday, citing a source with direct knowledge of the matter.The probes examined whether the New York-based platform continued accepting wagers from US traders using virtual private networks or other means to bypass company controls, following a January 2022 settlement with the CFTC.The investigations intensified after the November…
Senior Bloomberg analyst Eric Balchunas says that BlackRock’s Bitcoin (BTC) exchange-traded fund has surpassed the $80 billion landmark faster than any ETF in history. In a new thread on the social media platform X, Balchunas says that the iShares Bitcoin Trust ETF (IBIT) is now worth $83 billion, the 21st largest ETF overall. “IBIT blew through the $80 billion mark [on Friday], fastest ETF to get there in 374 days, about 5x faster than the previous record, held by VOO, which did it in 1,814 days.” Source: Eric Balchunas/X Balchunas goes on to note that Bitcoin’s rallies are heavily contributing…
TLDR: The new Hungarian law enforces up to 5 years in prison for using unlicensed crypto exchanges. Crypto firms face up to 8 years in jail under new digital asset service violations. Platforms like Bitstamp and Revolut suspend services due to legal uncertainty. Law demands “conversion-validation certificates,” stricter than EU’s MiCA rules. Hungary has thrown its crypto community into chaos with sweeping new regulations that criminalize unlicensed trading activities. A new law enforced from July 1 makes unapproved crypto transactions a criminal offense. The rules impact both users and service providers, triggering concern across the local and international crypto community. …
Every token has a moment when it briefly catches the market’s eye. A listing announcement, a partnership rumor, a chart that shoots up overnight. But what separates lasting growth from a passing headline is what happens when the noise dies down. FUNToken’s story is not about a single flash of interest. It’s about a quiet, methodical process that is transforming its Telegram ecosystem into the project’s most reliable source of momentum – one participant at a time. Spend a day in any of FUNToken’s main chat channels and you will quickly understand why traders are watching closely as $FUN trades…
The price of HBAR, the native cryptocurrency of Hedera Hashgraph, rose for six consecutive days, reaching its highest level since May 8 as the crypto market rally intensified and its decentralized finance network improved. Hedera Hashgraph (HBAR) token jumped to a high of $0.2285, its highest level since March 27. It has soared by 80% from its lowest point in June, mirroring the performance of most altcoins. The HBAR price also jumped as the total value locked in the ecosystem continued to soar. The network has over $215 million in assets, up from the year-to-date low of $151 million. Some…
Key Takeaways Tether will end USDT support and freeze tokens on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains starting September 1, 2025. The company will focus on high-utility chains and expand support for layer 2 networks like Lightning Network. Share this article Tether has announced it will phase out USDT support for five underused blockchains — Omni, BCH SLP, Kusama, EOS, and Algorand. USDT redemptions on these legacy blockchains will be completely discontinued on September 1, 2025.The decision comes as Tether ramps up efforts to streamline operations and focus on high-utility networks. Those networks no longer align with…
[…] BlackRock’s iShares Bitcoin Trust (IBIT) also reached a major milestone. It became the fastest ETF to exceed $80 billion in assets under management. Bloomberg ETF analyst Eric Balchunas confirmed this, stating that IBIT achieved the mark in just 374 days. […] Source link
Key Takeaways Pump.fun raised $500 million in a public sale by selling 12.5% of the PUMP token supply. PUMP tokens sold out in 12 minutes and will be distributed to buyers within 48-72 hours. Share this article Meme coin creation platform Pump.fun completed a $500 million public token sale on Saturday, with all available tokens selling out within 12 minutes of the offering. “We are delighted to reveal that the $PUMP public sale was able to sell out in only 12 minutes,” Pump.fun said in a statement. “We would like to thank our entire community for participating!” The PUMP token…