On July 15, Arkham Intelligence reported a significant transaction involving a crypto whale holding 80,000 BTC, dormant for over 14 years. Within a recent 30-minute window, this entity moved 5,360
Binance announced that it will support the network upgrade and hard fork process that will take place on the Kaia (KAIA) network. Binance Will Support Kaia (KAIA) Network Upgrade and Hard Fork In order to maximize user experience, the exchange will temporarily suspend deposits and withdrawals of tokens on the KAIA network, starting from July 17, 2025, at 03:26 CEST. Upgrade and Hard Fork Details Block height: 190,670,000 Estimated time of occurrence: July 17, 2025, 04:26 CEST Affected network: Kaia (KAIA) Transactions affected: Deposits and withdrawals only Unaffected transactions: Token trading on the KAIA network will continue uninterrupted. Technical Support from Binance Binance will automatically handle all technical requirements on behalf of users. Once the network upgrade is complete and stability is achieved, deposits and withdrawals will reopen without further announcement. Users are advised to refrain from making deposits or withdrawals during the temporary suspension. For updates, please follow Binance's official channels. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announces It Will Support This Altcoin's Network Upgrade and Hard Fork! Here Are the Details
BitcoinWorld Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge The cryptocurrency world is buzzing with excitement, and for good reason! We’ve just witnessed a truly remarkable moment as Coinbase, one of the leading names in digital assets, achieved a monumental feat: its Coinbase market capitalization soared past the $100 billion mark. This incredible milestone coincided perfectly with Bitcoin hitting a fresh Bitcoin all-time-high unit price, signaling a powerful bull run across the entire crypto ecosystem. Understanding Coinbase’s Historic Achievement It’s not every day a company crosses the $100 billion valuation threshold, especially one rooted in the volatile world of cryptocurrencies. As reported by The Block, Coinbase officially closed with a market capitalization of $100.36 billion. This was driven by its Coinbase stock price reaching $394.01, up a solid 1.8%, marking its highest close since going public in April 2021. The stock even touched an intraday high of $398.50, showcasing immense investor confidence. So, what exactly does a $100 billion market capitalization signify for Coinbase? Legitimacy: It solidifies Coinbase’s position as a major financial institution, bridging traditional finance with the burgeoning digital asset space. Investor Confidence: Such a valuation reflects strong belief from both retail and institutional investors in Coinbase’s business model and the future of crypto. Industry Benchmark: It sets a new standard for crypto-native companies, paving the way for others to follow suit in terms of growth and public market acceptance. What Fueled This Explosive Crypto Market Growth? Coinbase’s ascent isn’t happening in a vacuum. It’s intrinsically linked to the broader bullish sentiment engulfing the crypto market growth . Several key factors have converged to create this perfect storm of positive momentum: Bitcoin’s Dominance: As the pioneering cryptocurrency, Bitcoin’s rally often sets the tone for the entire market. Its sustained climb to new record highs has injected optimism and capital into altcoins and crypto-related businesses. Institutional Adoption: More and more institutional players, from hedge funds to major corporations, are allocating significant capital to Bitcoin and other digital assets. This influx of ‘smart money’ adds stability and credibility. Increased Retail Participation: The narrative around crypto has shifted from niche to mainstream. With easier access through platforms like Coinbase, millions of new retail investors are entering the space, driving demand. Macroeconomic Factors: Concerns over inflation and traditional asset performance have led many to view Bitcoin as a store of value or a hedge, similar to digital gold. The Significance for Your Digital Asset Investment Strategy For anyone involved in or considering digital asset investment , Coinbase’s milestone offers valuable insights. It underscores the increasing maturity and mainstream acceptance of cryptocurrencies. While volatility remains a characteristic of the market, the sustained growth and institutional interest suggest a fundamental shift in how assets are perceived and valued. What are the benefits of this milestone? Enhanced Trust: A highly valued, publicly traded company like Coinbase adds a layer of trust and regulation to an often-unregulated market. Innovation Acceleration: Strong market performance encourages more investment in blockchain technology, leading to new products and services. Wider Accessibility: As major players grow, they typically improve user experience and expand offerings, making crypto more accessible to everyone. Are there challenges or considerations? While the news is overwhelmingly positive, it’s crucial to remember that the crypto market, and consequently Coinbase, are still subject to certain challenges: Regulatory Landscape: Governments worldwide are still developing frameworks for crypto, which can introduce uncertainty. Market Volatility: Despite its growth, the crypto market can experience rapid price swings. Competition: The exchange landscape is competitive, with new players constantly emerging. Looking Ahead: The Future is Bright Coinbase’s remarkable achievement is more than just a financial headline; it’s a powerful indicator of the growing mainstream adoption and undeniable potential of the digital economy. As Bitcoin continues to forge new paths and the broader crypto market matures, companies like Coinbase will play a pivotal role in shaping the financial landscape of tomorrow. This milestone isn’t just about one company’s success; it’s a testament to the collective belief in a decentralized, digitally-driven future. It’s an exciting time to be part of this revolution. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action and institutional adoption. This post Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge first appeared on BitcoinWorld and is written by Editorial Team
Two artificial intelligence (AI) models are predicting that XRP’s current momentum is likely to push the asset above $3 on August 1. Notably, XRP has broken through key resistance zones in recent sessions, aligning with the broader market rally fueled by Bitcoin’s ( BTC ) new record high above $123,000. The surge saw XRP briefly touch $3 before retracing to $2.86 at press time. That price marks a 3.5% drop over the past 24 hours, though the asset remains up 26% on the week. XRP one-week price chart. Source: Finbold For its price forecast, Finbold consulted OpenAI’s ChatGPT , which offered several scenarios for XRP. ChatGPT predicts XRP price ChatGPT, analyzing technical patterns and market sentiment, predicts that XRP will trade between $2.95 and $3.15 by August 1. Its single-point prediction puts the token at $3.08, an 8% increase from current levels. The AI model noted that XRP has already broken past key resistance near $2.50 and is now consolidating just below the psychologically important $3 mark, a setup that is often bullish in the short term. However, the model cautioned that resistance between $3 and $3.10 remains strong and may be hard to break without a major catalyst. To this end, XRP’s history suggests 5% to 15% moves when consolidating near resistance. Still, the current market environment, described as “greedy but not euphoric”, might support moderate gains rather than explosive rallies. AI price reduction for XRP. Source: ChatGPT Grok predicts XRP price On the other hand, Grok, another AI model, also predicts further upside for XRP, with a target slightly higher at $3.10 by August 1. Its estimate factors in continued bullish momentum, improved regulatory clarity, and strong trading volume. Grok also sees the potential for XRP to test $3.20, though it warned of a possible dip to $2.90 if overbought conditions trigger a pullback. Ultimately, XRP’s ability to hit the expected $3 level will depend on how Bitcoin performs, as the asset has closely mirrored the leading cryptocurrency’s trading patterns. At the same time, if profit-taking accelerates in the coming days, XRP risks losing its $2.50 support, making it harder to reclaim the $3 mark. Featured image from Shutterstock The post AI predicts XRP price for August 1, 2025 appeared first on Finbold .
Coinbase has reached a significant milestone with over $1 billion in Bitcoin-backed loans, reflecting a surge in demand for crypto-backed liquidity solutions. Both institutional investors and startups are increasingly leveraging
On July 15, Bitcoin investors collectively realized a substantial $3.5 billion in profits over a 24-hour period, according to data from Glassnode. This significant profit surge highlights robust market activity,
Crypto is one of the most innovative technologies of our time. This nascent area of innovation has proven to be capable of challenging the traditional monetary system status quo where central banks and large financial institutions run the show. Today, you don’t have to go through the likes of Western Union or Paypal to send money across the world; there are several cryptocurrencies, including BTC and stablecoins like USDT and USDC that can be sent within minutes through reputable crypto exchanges such as XBO.com , Coinbase, Binance and Crypto.com . But despite the value proposition, it is evident that crypto is yet to get the traction it deserves. Some of the most recent statistics indicate there are around 560 million crypto owners globally, this figure is a drop in the ocean compared to the number of people who use banks or other forms of electronic money transfers. So, what exactly does it mean to serve today’s customers? Before answering this question, let’s first highlight some of the reasons why crypto might be the big thing in money and finance. The Future of Money and Finance When Satoshi launched Bitcoin in 2009, the main goal was to introduce a peer-to-peer electronic cash system based on these fundamental principles; decentralization, trustlessness and resistance to censorship. Fast forward to 2025, Bitcoin is not the only crypto in the market, there are more types of digital assets that serving key purposes in the global money exchange and finance system; Access to Global Markets and Cross-Border Transfers One of the reasons crypto has stood out as a state of the art tech is the seamless facilitation of capital transfer without boundaries. Thanks to this technology, a freelancer in Africa can get paid in dollars through stablecoins; this makes it possible to not only receive fast and cheap cross-border payments but also access global markets, starting with the green buck to more sophisticated assets such as tokenized market instruments and commodities. Unlocking Liquidity for Real-World Assets (RWAs) The RWA sector is another crypto niche that is making waves across several markets. Imagine being able to purchase a fraction of a piece of property located in Manhattan or getting access to U.S. treasuries and bonds. That’s the main purpose of RWA’s – unlocking liquidity for such assets by making them more accessible through tokenization. According to a report by Standard Chartered, this sector has grown by 380% over the past 3 years, with projections showing it could eclipse $30 trillion by 2034. Transparency and Censorship-resistance The transparent and censorship -resistant nature of cryptocurrencies like BTC and ETH is a feature that certainly belongs in the future. Instead of pushing for centralized financial institutions to be more transparent on important details such as fees, portfolio allocations and interest rate payments, why not have it all on the blockchain where anyone can audit the operations? What’s more is that crypto transactions on a blockchain like Bitcoin and Ethereum are censorship-resistant; this means no intermediary has the capacity to prevent a crypto owner from sending their funds. What it Means to Serve Today’s Customer For a long time, crypto innovators have been building amazing tech, but with one major caveat – it’s not seamless for the average person to navigate or onboard. Save for a few exchanges like Binance, Coinbase and XBO.com which have hacked the needs of today’s crypto consumer, the rest are still juggling between product-market-fit (PMF) and simplifying their UI/UX experience. But what exactly is the average crypto user looking for? At the core is a simple onboarding process and user experience. I don’t have to understand whether my funds are on Ethereum, Solana, Optimism or Arbitrum, all that most crypto users care for is if they can send and receive funds seamlessly. Luckily, for the exchanges that understand the importance of simplicity, we’ve seen considerate features such as XBO’s mobile app solution which is designed for crypto use on the go. Some of the features that support this type of functionality include a smartphone-optimized trading environment and customizable analytics with intuitive controls. XBO is also leaning into user-focused innovation through its ongoing rollout of its native token by offering benefits like trading discounts, cashback, and staking rewards—making participation in the platform beneficial for everyday users and encouraging full adoption throughout its ecosystem. Serving today’s customers also means providing them with more flexible ways of spending their crypto; Binance and Coinbase, for instance, both feature crypto debit cards as part of their offerings. This allows users to easily spend their digital assets without having to convert back to fiat. As much as may be controversial, it is imperative to acknowledge the fact that traditional payment rails also play a major role in enhancing the experience of crypto users. This calls for crypto innovators to partner or build more solutions that are not only compliant but also cheap and fast. In fact, this is one of the features touted by ‘advanced’ crypto service providers in the market today. Want to purchase crypto through a bank? Fine, a fintech? That also cuts it. Conclusion As mentioned in the introduction, crypto has earned its position in the fourth industrial revolution. But as things stand, the levels of adoption are still wanting; it is now time for stakeholders to focus on making it easier for the average person to acquire, use and sell crypto assets. After all, the technical infrastructure is already set and can support more user-friendly UI/UX without serious upgrades or modifications. However, the fundamentals of crypto (transparency, decentralization and immutability) ought not to be overlooked in the quest of making it ‘simple’. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin has been exploring new all-time highs (ATHs) recently, but Strategy still seems to be in accumulation mode as it has announced another large purchase. Strategy Has Bought 4,225 Bitcoin In Latest Acquisition As announced by Strategy Chairman Michael Saylor in an X post, the company has made a fresh Bitcoin acquisition, continuing its chain of 2025 buys. With the latest purchase, the firm has added 4,225 BTC to its holdings. According to the US Securities and Exchange Commission (SEC) filing, the buy occurred between July 7th and July 13th, and involved an average BTC cost basis of $111,827. This means the 4,225 tokens were acquired for about $472.5 million. Related Reading: Bitcoin Hits $123,000—But Inflows Are Just A Fraction Of 2024’s Peak In the same period as the acquisition, BTC witnessed a breakout to new ATHs. If the purchase is to go by, it seems Strategy is still interested in buying even at these high prices. “Short Bitcoin if you hate money,” said Saylor in an earlier X post. After the latest buy, the total holding of the firm has hit 601,550 BTC. The company spent around $42.87 billion to assemble this stack and today, its value stands at $72.25 billion, implying a significant profit of 68.5%. Earlier in the day, another Bitcoin treasury company added to its holdings: Metaplanet. According to the X post by CEO Simon Gerovich, the company has added 797 BTC to its reserve, taking the total to 16,352 BTC. Unlike Strategy, though, the firm’s average coin cost basis is on the higher side, standing at $100,191 right now. In some other news, while the big players in the market have been buying BTC for a while now, data from the on-chain analytics firm Glassnode suggests retail investors have finally joined in. In the chart, the data of the Accumulation Trend Score is shown for the different segments of the Bitcoin userbase. The “Accumulation Trend Score” is an indicator that tells us about whether the BTC investors are accumulating or distributing. From the graph, it’s visible that the score has recently been pretty close to 1 for the 1,000 to 10,000 BTC cohort. This means that these large hands, popularly known as the whales, have been showing a near-perfect accumulation trend. The latest rally in the cryptocurrency may be a product of this conviction. While the whales have been buying, the rest of the Bitcoin market has been showing behavior that tends more toward distribution. The mega whales, carrying more than 10,000 BTC, have remained in selling mode with an Accumulation Trend Score around 0.3. Related Reading: Bitcoin Breaks $118,000—But Liquidity Still Thin, Glassnode Warns Until recently, the hands with less than 1 BTC, the retail, were in a phase of distribution, but it seems the latest rally has caused them to change their tune, as they have started buying. BTC Price Bitcoin went up to $123,000 earlier, but it seems the asset has since seen a setback as its price is down to $119,900. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Tornado Cash co-founder Roman Storm has called the crypto community and privacy advocates to help him raise an additional $1 million in the coming weeks to continue his legal defense and the battle for privacy tools. Tornado Cash Founder Faces Fundraising Shortfall The co-founder of crypto mixer Tornado Cash, Roman Storm, has updated his fundraising target and is pushing to raise over $1 million to continue funding his legal battle. Over the weekend, Storm revealed that his team is facing a “critical shortfall” ahead of the start of his July trial. The Tornado Cash co-founder explained that he needs to raise $500,000 in the next few days and $1.5 million within a couple of weeks to cover escalating legal fees, expert witnesses, and research. He detailed that his planned 2-week trial, scheduled to begin on July 14, is now expected to last 3-4 weeks due to “complex legal arguments and unforeseen witnesses and evidence.” As a result, expenses for expert testimonies, thorough research, and his legal team have significantly increased. My team is working nonstop to defend code as free speech, protect software development, and push back against government overreach that threatens us all. If you can help, please donate now – every contribution counts in this battle for our freedoms. For context, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash in August 2022 for “failing to impose effective controls” to prevent malicious actors from laundering funds through the protocol, including $455 million by North Korea’s Lazarus Group. Storm and the crypto mixer’s developer, Alexey Pertsev, were detained after the sanctions. Pertsev was sentenced to 5 years in the Netherlands after being found guilty of money laundering by the s-Hertogenbosch Court of Appeal in May 2024, and is currently working on his appeal. Meanwhile, Storm was detained in Washington in August 2023 and faces three charges, including conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money-transmitting business. Storm pleaded not guilty to all charges and was freed on a $2 million bond. However, if convicted, he could face up to 45 years in prison. His trial, initially scheduled for December 2024, has been delayed twice. Crypto Community Aids Storm’s Legal Defense On Monday, Julian Zawistowski of the Golem Foundation shared that they had donated 50 ETH, worth around $150,000, stating that they’ve “always walked the walk when it comes to important causes. (…) Time for others in our industry to step up too.” Meanwhile, developer and contributor to Meta Cartel DAO Bill Warren affirmed that the organization had donated all the funds in its treasury to support Storm’s case. Warren also urged privacy and decentralization advocates to contribute to the Tornado Cash co-founder’s legal defense. Earlier this year, crypto investment firm Paradigm donated over one million dollars to aid the Tornado Cash co-founder’s legal battle. The firm’s co-founder, Matt Huang, revealed that Paradigm was giving $1.25 million to help fund Storm’s legal defense. Notably, the DeFi Education Fund sent a letter signed by multiple industry leaders to AI and Crypto Czar David Sacks, urging the White House to end the Department of Justice’s war on open-source developers. The April letter affirmed that trying to hold software developers criminally liable for how third parties use their code will set a terrible precedent and “freeze” technological innovation in the US, which would oppose Trump’s promise to make America “the crypto capital of the planet.” It also highlighted that the Southern District of New York (SDNY) is continuing its prosecution of Storm with charges related to money transmitting and other liabilities that could punish the Tornado Cash co-founder for the conduct of unrelated bad actors. As of this writing, Storm has raised $2.12 million, 61% of the $3.5 million goal for his legal defense fund.
Standard Chartered expands its crypto services by introducing Bitcoin and Ether spot trading for institutional clients, marking a significant step in mainstream crypto adoption. The bank plans to enhance its