Institutional investors across the EU and UK are significantly increasing their cryptocurrency allocations, with 86% planning to boost holdings or enter the market in 2025, according to a Coinbase and EY-Parthenon survey of 97 institutions. DeFi Engagement Set to Jump 2.5x in European Institutions Half of respondents intend to allocate over 5% of their assets
Bitcoin’s recent surge past $117,000 marks a significant milestone, signaling renewed strength in the cryptocurrency market. Shiba Inu’s breakout above key moving averages indicates growing bullish momentum supported by increased
The European Securities and Markets Authority (ESMA) has warned crypto firms against misrepresenting the extent to which their products are regulated, signaling a renewed effort by European regulators to tackle risks in the digital asset space. This move highlights a broader shift by EU authorities toward stronger oversight of the crypto industry. Under the Markets in Crypto-Assets (MiCA) regulation—a unified EU law aimed at streamlining rules for digital assets and related services—investor protections include clear standards for asset custody and complaint resolution, ESMA noted. Crypto regulators call for investor protection in the crypto ecosystem For years, regulators worldwide have expressed concerns about the crypto-related risks to digital asset investors. This was after various crypto platforms left several investors bankrupt after investing millions of their assets in them. An example is FTX , which failed in 2022. To address this, ESMA tried to unmask various factors that could lead to risks to which investors could be exposed. An example involves crypto asset service providers (CASPs) offering regulated and unregulated products on the same platform at once. The regulators explained how risky this was to investors, stating that customers might be unaware of which products lack MiCA’s protection. ESMA exposed additional risks linked to Crypto-Asset Service Providers (CASPs). The regulator pointed out that some CASPs promote their MiCA-regulated status to attract customers, which can create confusion about which aspects of their offerings are regulated. Following this, ESMA has urged crypto firms to stop using their regulatory status as a tool for promotion and suggesting to their clients that crypto products and services are regulated when, in reality, they are not covered by the EU’s rules. Notably, MiCA does not regulate products and services that include direct investments in commodities like gold and lending involving crypto-assets. The EU releases new guidelines in the crypto market The EU has introduced new guidelines for the cryptocurrency sector, requiring crypto firms to secure a CASP license from a national regulator. This license will serve as a passport, enabling companies to offer crypto services across all EU member states. ESMA also issued regulations on staff employment in crypto companies. According to the regulators, t he staff should be knowledgeable and skilled in evaluating crypto services. ESMA’s remarks come a day after it investigated Malta’s process for issuing the license and discovered that Malta’s Financial Services Authority did not do a complete job in evaluating the risks of a specific unnamed crypto company. The review showed that the Maltese regulator had the knowledge and resources to approve and oversee crypto companies. However, its approval process only met expectations “partially.” In response to these accusations, the Maltese regulator said it took pride in being one of the first to adopt digital asset rules. At the same time, it avoided directly addressing the criticisms. Meanwhile, it is worth noting that ESMA was not the first to raise concerns on Malta’s process for issuing the license; some of the regulators had expressed fears behind closed doors about the swiftness with which some EU member states were issuing crypto licenses. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Ranking member of the House Financial Services Committee Maxine Waters (D-CA) Congressman Stephen Lynch (D-MA) announced July 11 that next week will be known as “Anti-Crypto Corruption Week” on Captiol Hill. Democrats Push Back On GOP Crypto Week According to the Friday notice posted on the House Financial Services Committee’s website, Democratic lawmakers will be pushing against the Republican Party’s planned “Crypto Week” in opposition to their political opponents’ mobilization to pass crypto legislation. NEW: To counter the GOP’s “Crypto Week,” Reps. @RepMaxineWaters & @RepStephenLynch are launching “Anti-Crypto Corruption Week,” rallying Dems to block the GENIUS Act, CLARITY Act & Anti-CBDC bill — warning they pave the way for what they call Trump’s crypto corruption. pic.twitter.com/kpT6JpTEKx — Eleanor Terrett (@EleanorTerrett) July 11, 2025 Specifically, Waters and Lynch called out both the CLARITY Act and the GENIUS Act by name in the notice, going so far as to call the proposed rulemaking “dangerous pieces of crypto legislation.” The two U.S. lawmakers also took aim at U.S. President Donald Trump’s crypto ventures , claiming his dive into the world of digital assets is merely a part of his “evil and corrupt crypto empire.” “Aside from lacking urgently needed consumer protections and national security guardrails, these bills would make Congress complicit in Trump’s unprecedented crypto scam – one that has personally enriched himself, his entire family, and the billionaire insiders in his cabinet, all while defrauding investors,” Waters said. Donald Trump’s Digital Asset Ventures Questioned Trump has garnered increased scrutiny in recent months over his affiliation with novel crypto platform, World Liberty Financial, over their new USD1 stablecoin as well as his the launch of his namesake memecoin $TRUMP. Critics of Trump’s ties to the blockchain sector allege that his Trump-affiliated cryptocurrencies may pose ethics concerns as anyone – including those involved in foreign governments – may purchase and hold the coins. “My Republican colleagues are eager to continue doing the bidding for the crypto industry while conveniently ignoring the vulnerabilities and opportunities for abuse that exist in crypto – especially given President Trump’s acceptance of billions of dollars in investment in his family crypto business from foreign governments and his blatant conflicts of interest,” said Congressman Lynch. The post Democratic Lawmakers Announce Anti-Crypto Corruption Week In Blow To GOP’s Crypto Week appeared first on Cryptonews .
SharpLink Gaming has strategically acquired approximately $64.26 million in Ethereum (ETH) over the last four hours, utilizing both over-the-counter (OTC) channels and Coinbase Prime. This significant accumulation highlights a robust
Layer-1 blockchains are back in focus this July, with Solana (SOL) and MAGACOIN FINANCE emerging as top performers. While Solana is riding a wave of institutional momentum, MAGACOIN FINANCE is quietly capturing attention with its community-first model and impressive presale ROI projections. Solana Rallies on ETF Momentum and Technical Breakout Solana is continuing its upward trajectory after breaking out of a long-term falling wedge and holding key support at $144 earlier this week. Despite broader market softness yesterday, SOL dipped just 3%, signaling resilience that analysts attribute to strong investor confidence. As of this writing, Solana is trading at $147, marking a 1.9% daily loss. According to CoinGlass, the long-to-short ratio among Binance’s top traders is 2.49, meaning they hold 2.5 times more long positions than shorts on SOL. Adding to the bullish narrative, crypto strategist Ali Martinez has identified a textbook cup-and-handle formation on Solana’s higher timeframes. He projects a breakout could push SOL toward $3,000 and potentially higher. Institutional interest is also gaining traction. The recently launched REX Shares Solana Staking ETF recorded strong trading volume within its first 48 hours. Meanwhile, JPMorgan analysts estimate between $3 billion and $6 billion in potential inflows once spot Solana ETFs receive SEC approval. Further underscoring investor appetite, CME Solana Futures open interest surged to a record $167 million following the ETF’s debut. If Solana can break through resistance levels at $180 and $240, analysts believe a path toward a new all-time high is within reach. MAGACOIN FINANCE Emerges as Q3’s Breakout Layer-1 Project While Solana dominates headlines, MAGACOIN FINANCE is gaining momentum as one of the most promising and overlooked Layer-1 tokens of Q3 2025. The project is currently progressing through its presale and has rapidly expanded its community base. What sets MAGACOIN FINANCE apart is its community-first approach. A significant portion of its total token supply was allocated to presale participants, deliberately avoiding venture capital or institutional pre-allocation. This structure promotes fair ownership, decentralization, and a grassroots foundation. Its political relevance and rapidly expanding online presence on Telegram and X have amplified its visibility and attracted ideologically aligned investors. Unlike meme coins built solely on hype, MAGACOIN FINANCE is merging crypto fundamentals with cultural identity and long-term utility. Conclusion As the MAGACOIN FINANCE presale continues, the current entry point offers one of the most attractive setups for retail and early-stage investors ahead of its exchange listing. For traders scouting the next breakout altcoin of Q3, MAGACOIN may be the one to watch. To learn more or join the MAGACOIN FINANCE presale: Website: https://magacoinfinance.com X (Twitter): https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Solana and MAGACOIN FINANCE Lead July’s Top Gainers as Layer-1s Regain Investor Interest
Customers at JPMorgan Chase, Bank of America and Wells Fargo say the banks have refused to reimburse after bad actors ripped cash from their accounts. A Wells Fargo customer for nearly four decades says the lender refused to make him whole after scammers drained $20,000 from his account. Scott Merovitch says he received a call from someone claiming to work at the bank, warning his account was flashing suspicious activity, reports FOX 26 Houston. According to Merovitch, the caller was able to provide information about his recent transactions. After the call, a woman pretending to work at Wells Fargo showed up at Merovitch’s front door, asked for his card and cut it into pieces. Two hours later, Merovitch says $20,000 exited his account at ATM locations just a few miles from his residence. When he filed for a reimbursement claim, Merovitch says the lender issued a letter telling him that the transactions were made by him or someone who had his permission. Meanwhile, JPMorgan Chase is refusing to reimburse a man scammed by a fake Apple support text, reports the CBS-affiliated news station KOLD. The phishing text, posing as Apple’s billing department, claimed unauthorized activity was underway. The victim says he quickly called the number, and the scammer likely installed malware on his iPhone to tap into his bank account. Chase says reimbursement is not happening. “After further review, our claim denial stands as we found these transactions were authorized by the customer with no evidence of fraudulent account takeover or of a compromised device.” Lastly, Bank of America refused to reimburse a customer who lost $450 to a taxi scam in Panama. Keith Lee says he was charged $450 for a $10 cab ride, according to the Elliott Report. The driver claimed Lee’s card didn’t process, so he paid cash. Bank of America denied his dispute, saying a chip-verified “card-present” transaction was executed. Consumer advocate Christopher Elliott then stepped in, contacting BofA on Lee’s behalf. After hearing from Elliott, Bank of America finally reversed the charge. Elliott says the bank acknowledged such taxi scams are well-known. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Chase, Bank of America and Wells Fargo Refuse To Reimburse Customers After $22,450 Drained From Bank Accounts appeared first on The Daily Hodl .
Market receives important signal growth signal after Bitcoin's massive surge
Exchange sell pressure fell in July and could boost ETH's odds of surging above $3K.
The Ethereum price is once again gaining momentum and looks set to reach new highs. Crypto analyst Doctor Profit commented on how the altcoin has broken through a crucial moving average (MA). Meanwhile, ETH’s dominance is again on the rise. Ethereum Price Breaks 50EMA On Weekly Chart In an X post, Doctor Profit stated that after 9 weeks of constant rejection at the EMA50 on the weekly chart, the Ethereum price has finally broken through. He claimed that it was a very good sign, as it suggests that ETH will reach higher targets in the coming weeks. The break above the 2,600 EMA50 level came as the broader crypto market rallied. Related Reading: Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here? This rally has been led by the Bitcoin price, which has reached new all-time highs (ATHs). Based on this, the Ethereum price is expected to also reach new highs, with the yearly high of $3,600 already in sight. A reclaim of this level could also pave the way for ETH to reclaim the psychological $4,000 level. Meanwhile, crypto analyst Rekt Capital alluded to the rising dominance of the Ethereum price. He noted that this ETH dominance fractal will not be a copy-paste version of what happened between 2019 and 2020. However, the analyst claimed that the recent rise to 10% of the dominance level shows that Ethereum wants to become more market-dominant in the coming months. BitMEX co-founder Arthur Hayes also believes that it is time for the Ethereum price to make its move. In an X post, he predicted that the altcoin could reach as high as $10,000 on this upward trend. He made this prediction while highlighting ETH’s chart against its BTC pair, suggesting that he also agrees that Ethereum’s dominance will rise in the coming months. ETH’s Move To Trigger Altcoin Season In an X post, crypto analyst Mikybull Crypto stated that the Ethereum price is following the Wyckoff re-accumulation schematic. He further remarked that this massive move will trigger altcoin season after ETH reaches the “SOS” level around $3,000. His accompanying chart also showed that he expects Ethereum to reach as high as $3,200 in the short term. Related Reading: Ethereum Price Targets $3,000 As Analyst Calls It A ‘Powder Keg’ In another X post, Mikybull Crypto alluded to the fact that Bitcoin’s dominance was dumping even as the BTC price rises. The analyst remarked that this development means something, hinting at a potential altcoin season on the horizon. This is bullish for the Ethereum price and other altcoins as they would outperform BTC during this period. It is worth mentioning that Mikybull Crypto has also predicted that ETH can reach $10,000 in this market cycle. At the time of writing, the Ethereum price is trading at around $2,988, up over 7% according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com