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The suspects allegedly held an Italian man hostage for weeks in a Manhattan townhouse, beating him and demanding access to his Bitcoin wallet. Source: cointelegraph.com (Read Full Article)
Men accused in New York crypto torture case out on bail
The suspects allegedly held the Italian man hostage for weeks in a Manhattan townhouse, beating him and demanding access to his Bitcoin wallet. Source: cointelegraph.com (Read Full Article)
Is Powell’s job safe as President Trump makes rare visit to the Federal Reserve
In a rare and dramatic move, US President Trump is reportedly heading to the Federal Reserve headquarters in DC today at 4 PM ET. This will be the first official presidential visit to the building in nearly two decades. However, this doesn’t look like a courtesy call. Trump’s visit comes amid escalating tensions with Fed […] Source: cryptopolitan.com (Read Full Article)
Machi Big Brother sits on $8M unrealized loss as PUMP dips another 20%
PUMP sank to $0.003 after the announcement that Pump.fun will not hold an airdrop for retail traders. Machi Big Brother longed PUMP on Hyperliquid, carrying over $6M in unrealized losses and up to $8M at one point. Source: cryptopolitan.com (Read Full Article)
Elon Musk floats robots in ‘cute outfits’ while Tesla earnings miss
Tesla’s retro-themed diner opened this week with lines around the block, but that didn’t stop the stock from dipping after hours as it reported its Q2 earnings. Source: cointelegraph.com (Read Full Article)
Top Crypto to Buy Now: Must-Have Altcoins for the Next Bull Run
As the summer heat kicks in, crypto traders are scrambling to position themselves before July ends, and all eyes are on Mutuum Finance (MUTM) and Cardano. Mutuum Finance presale has already sold out more than 85% of its phase 5 allocation. More than 14,000 investors have invested in the presale. Already, it has raised over […] Source: cryptopolitan.com (Read Full Article)
Cardano Price Prediction: ADA Eyes $1.20 After Holding $0.81 Support, ETF Approval Odds Near 84%
Cardano price sentiment has turned slightly bullish after ADA was able to hold the $0.81 support level. Analysts are now watching a potential move higher towards $1.20, especially with ETF approval prospects for ADA now standing at nearly 84%. A new pay token called Remittix (RTX) on the other hand is gradually raking in millions […] Source: cryptopolitan.com (Read Full Article)
US appeals court reversed $9 million fine judgment awarded to NFT firm Yuga Labs
The US Court of Appeals for the Ninth Circuit reversed a $9 million fine judgment awarded to NFT firm Yuga Labs, according to a court filing published on Wednesday. It dismissed a federal court ruling issued in the company’s infringement lawsuit against artist Ryder Ripps and entrepreneur Jeremy Cahen. The creators of the Bored Ape […] Source: cryptopolitan.com (Read Full Article)
Wall Street point traders to cheap stock hedges ahead of market volatility
Wall Street firms, including Goldman Sachs, Citadel Securities, and JPMorgan Chase, are telling clients to load up on cheap hedges as U.S. stocks trade near record highs and warning signs begin piling up. This push for protection is happening as major indexes climb, the S&P 500 jumps 28% since April 8, and the VIX, Wall […] Source: cryptopolitan.com (Read Full Article)
Ethereum Is Repeating The Same Trend That Led To A 5,000% Breakout In 2017
After hitting above $3,800, the Ethereum price seems well on track for the next phase of the cycle. The ongoing trend has been closely mirroring what was seen back in 2016-2017 before the surge that sent the altcoin’s price to new all-time highs. This remains a major deal given that if the trend does play out similarly to what was seen in the 2017 cycle, then it means that the Ethereum price rally is only just beginning. Ethereum Price Mirrors Bullish 2017 Back in 2017, before the bull market, the Ethereum price had struggled to stay on track with the Bitcoin price. This resulted in a lag as the price kept taking a beating with each uptrend. In the end, the Ethereum price ended up ranging for a while, with two fakeouts before the price was able to eventually breakout. Related Reading: Analyst Predicts Explosive 126% Shiba Inu Rally After SHIB Surpasses Litecoin Market Cap Similarly, the Ethereum price has ranged for the last year, with multiple fakeouts that have already kept the price low. Just like 2017, again, a crash sent the altcoin’s price down by almost 50% to create what seemed to be the perfect bear trap, as illustrated in this chart by crypto analyst Merlijn The Trader on X (formerly Twitter). The analyst points out these similarities in the Ethereum chart, showing that the same range, fakeout, and breakout have now played out for the cryptocurrency just like they did in 2016-2017. Given this, it is likely that the next phase in the trend will also follow the 2017 playbook. After the bear trap and eventual breakout in 2017, the Ethereum price had rallied by 5,000%, going from under $8 to over $250 in less than one year. Applying a similar breakout structure to Ethereum in 2025 would mean rising as high as $40,000. However, adjusting for how high the market cap currently is, a conservative target would mean that the Ethereum price is at least able to cross the $10,000 level, which would be only a 200% increase from its current level. Applying the same timeframe as in 2017 would mean that it could play out in the next six months. Related Reading: Analyst Drops ‘Realistic’ Price Predictions For Bitcoin, Ethereum, LINK, BNB, And Aptos Additionally, Ethereum now has something that it didn’t have back in 2017, and that is institutional backing. Presently, Ethereum is quickly becoming a favorite among institutional investors as ETH treasury companies have poured over $7 billion into the altcoin, according to data from The Block. In July 2025 alone, over $2 billion has flowed into Spot Ethereum ETFs, showing a ramp-up in institutionalized interest. Due to this rise in institutional investments, Merlijn The Trader has explained that institutions are now the ones behind the wheel with the same setup from 2017. This suggests higher liquidity as these major players are expected to drive and determine the ETH price this cycle. Featured image from Pixabay, chart from TradingView.com Source: newsbtc.com (Read Full Article)