Ether has broken above $3,800 for the first time since December 2024, according to data from CoinGecko. The surge puts Ethereum’s market cap over $450 billion, officially locking in its strongest price level in seven months. This surge comes as momentum builds across altcoins, with the Altcoin Season Index climbing to 47, up from 29 just last week. The combined altcoin market cap now stands at $1.55 trillion. Over the last seven days, Ethereum has climbed steadily, pushing up to $3,600 before finally pushing past the $3.8K line. That puts the month-on-month gain at 45.48%, a massive push for the second-largest crypto. Gert Van Lagen, a Dutch analyst who specializes in wave-based market structures, said Ethereum is closing in on the final stage of a long-term bull cycle. “We’re entering the fifth wave,” Gert posted on X on Sunday, “and based on the structure, this wave can carry us to $10,000.” Source: Gert Van Lagen Ethereum enters final wave of multi-year bull run Gert’s breakdown leans on Elliott wave theory, which maps out five-wave price cycles shaped by crowd behavior. Based on his bi-weekly chart analysis, Ethereum began this current cycle in 2022 and is now moving through the last of the five waves. The early part of the cycle included a strong rally (wave one), a correction between 2022 and 2023 (wave two), followed by an extended rise (wave three), and then a slow flat stretch (wave four). Right now, Ethereum is inside wave five, which typically comes with one last aggressive price run before the entire cycle resets. According to Gert, Ethereum’s latest climb forms “subwave a” of wave five. He expects a minor dip next to retest the breakout level—that would form “subwave b.” After that, the blow-off “subwave c” could push prices well beyond current levels. He sees $10,000 as a realistic endpoint for this entire wave sequence, stretching from 2019 through 2025. Ether is still the second-largest crypto on earth, sitting only behind Bitcoin, and it currently holds an 11.1% market share. Its market cap now stands at $441.14 billion, just slightly under the $450B peak but still well above its mid-June level. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
This week in crypto saw major regulatory developments with Donald Trump signing the GENIUS Act amid discussions of an executive order to allow crypto in 401(k) plans. Security concerns resurfaced with BigONE’s $27M hack, Arcadia’s $3.5M exploit, and the sudden disappearance of Abacus Market. Let’s find out more. DeFi Grvt (pronounced “Gravit”) is launching “Strategies”, an entirely new investment paradigm , a peer-to-peer (P2P) marketplace where everyday users can allocate capital into professionally curated investment and trading strategies managed by top-tier professionals. Web3 BTCC, the longest-operating cryptocurrency exchange globally, has released its July 2025 Proof of Reserves (PoR) report , disclosing an overall reserve ratio of 132%, marking the fourth consecutive month in which the exchange has maintained reserves well above full coverage. Web3 is undergoing a privacy revolution driven by companies like COTI, Zama, Fhenix, and Aleo, which are developing scalable, regulatory-friendly encryption solutions to enable private, secure, and compliant onchain activity across decentralized applications. Roxom has unveiled plans to launch what it describes as the world’s first Bitcoin-denominated capital market platform , combining both spot and derivatives trading. While crypto holds revolutionary potential in finance, mass adoption depends on making it simple, seamless, and user-friendly enough to meet the everyday needs of mainstream users. EthCC Cannes 2025 showcased Ethereum’s growing institutional adoption, major product launches, and vibrant real-world networking, solidifying its role as a key event bridging Wall Street, web3 innovation, and community spirit. Security Crypto exchange BigONE has confirmed a $27 million hot wallet hack caused by a third-party supply chain attack, pledging full reimbursement to users and activating internal reserves for recovery. Abacus Market , one of the most influential Bitcoin-enabled darknet marketplaces in recent years, has reportedly vanished without warning, fueling widespread suspicions of an exit scam. Arcadia Finance was hit by a $3.5 million exploit involving cross-chain transactions on Base and Ethereum, reigniting concerns over decentralized finance vulnerabilities. Regulation Key crypto legislation championed by President Trump stalled in the House after a failed procedural vote , exposing internal GOP divisions and delaying efforts to regulate stablecoins, digital assets, and CBDCs. However, the next day, the U.S. House of Representatives advanced the three major Republican-backed crypto bills , the GENIUS Act, CLARITY Act, and Anti-CBDC Act, reviving legislative momentum for digital asset regulation after a temporary stall. US President Donald Trump signed the GENIUS Act after the bill passed in the US House of Representatives with a resounding 308-122 vote, with nearly half the Democratic members supporting the initiative. Donald Trump is reportedly preparing an executive order that could open up 401(k) retirement accounts to crypto investments, signaling a major policy shift in the U.S. retirement market. The SEC is considering a regulatory exemption aimed at encouraging the tokenization of real-world assets, signaling a shift toward more innovation-friendly policies under Chair Paul Atkins. Bank of America is preparing to launch a stablecoin as it explores blockchain-powered payment systems, joining a growing list of major U.S. banks advancing in digital asset innovation amid evolving U.S. legislation. 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
Even with the 2028 election still more than three years off, prediction markets are already brimming with wagers. Currently, Polymarket participants are placing their bets on J.D. Vance to secure the Republican nomination, while Gavin Newsom is emerging as the top contender on the left. Naturally, with so much time before the big day, these
Bitcoin’s run above $120,000 has drawn fresh selling from the very people who dug it up. On July 15, miners sent a hefty 16,000 Bitcoin to exchanges—the most in a single day since April—raising questions about how long the rally can keep climbing. Related Reading: Whales? No, Newbies: Surge In New BTC Holders Fuels Market Rally—Study According to CryptoQuant data, those daily outflows edged past the earlier high, signaling that miners are cashing in on recent gains. That kind of supply surge can weigh on prices, at least for a little while. Miner Sales Hit Yearly High Based on reports from CryptoQuant, the jump to 16K BTC occurred as miners sensed a chance to lock in profits after Bitcoin’s latest spike. Bitcoin miner sales surged. Outflows hit 16K BTC, the highest since April, and nearly all of it went to exchanges as BTC hit a new all-time high. Dive into our weekly report for all the details ⤵️https://t.co/BMZc87rr11 pic.twitter.com/2BMpvMdfGK — CryptoQuant.com (@cryptoquant_com) July 18, 2025 Earlier this year, on the way up from $75K to just over $100K, miners offloaded roughly 17K BTC in April alone. Now, with prices pressing past $120K, they’re back at it. Miners often sell when their hardware costs are covered and they stand to pocket hefty gains, but when they all sell at once, it can tip the market into choppy waters. Mid-Range Holders Offload 3K BTC Big miners aren’t the only ones stepping to the exits. Wallets holding between 100 and 1,000 BTC cut their balances from 68K BTC to 65K BTC since mid‑June—about 3K BTC shed in just a few weeks. During the April rally, that same group sold close to 5K BTC before shifting back into buy mode when prices settled into a range. Now, they’re a key source of extra supply as the latest breakout attracts their attention. Exchange Inflows Can’t Keep Up At the same time, the total amount of crypto sent to exchanges shot up from around 13K BTC per day to about 58K BTC this week. That four‑fold rise shows profit‑takers rushing to offload coins. Related Reading: Is That Right? US Senator Says Crypto Could ‘Blow Up’ Financial System Bitcoin At $118K At the time of writing, Bitcoin was trading at $118,000, still down 0.3% in the last 24 hours, CoinMarketCap data shows.
A wealth management firm overseeing $48 billion in assets believes that the S&P 500 will end the year at a much higher level. In a new CNBC interview, the Indianapolis-based Sanctuary Wealth says conditions are conspiring to push risk assets such as the stock market to new record-high levels by the end of the year. Mary Ann Bartels, the firm’s chief investment strategist, says investors are not prepared for a huge upside burst for the S&P 500. “We need growth and AI (artificial intelligence), and I think it’s coming. I think it’s going to significantly impact corporate earnings, productivity, and it’s going to show up in the equity markets. It’s not just a bull market here. It’s a bull market globally. You’re seeing European markets break out. I think you’re going to get the Japanese market to break out. It’s a global secular bull market driven by all this new innovation from AI, to blockchain, to crypto, to Web3. And I don’t think all of this is yet priced in to the market, and you can see, we’re already in a summer melt-up. The market is not positioned for this yet.” Bartels says she agrees with the sentiment that technological advancements in AI and Web3 will usher in a disinflationary trend, forcing the Federal Reserve to ease monetary policy. “I do think rates are trending down, and can go much lower than people expect. Right now, we’re in heightened fear that tariffs are going to bring inflation, and I think over time, especially trending into next year, we can get rates down. And that’s going to be another stimulus for risk assets, for the equity market, for the crypto market.” As for her price targets for the S&P 500, Bartels says, “I’m comfortable getting to year-end at 7,000, and I think in the first quarter of next year, we might even be at 7,200.” Sanctuary Wealth is an independent wealth management platform that works with 495 licensed professionals and 120 partner firms across 30 states. As of Friday’s close, the S&P 500 is trading at 6,296 points. 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 $48,000,000,000 Wealth Management Firm Sees S&P 500 Heading to Massive Price Target Triggered by AI Adoption, Disinflation and More appeared first on The Daily Hodl .
Eyes on Shiba Inu as market awaits altseason to launch into full swing
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Authorities in San Bernardino County are investigating the disappearance of 74-year-old Naiping Hou, who went missing in early May under suspicious circumstances believed to be linked to his family’s crypto wealth. Key Takeaways: California police are investigating the suspicious disappearance of 74-year-old Naiping Hou. The incident is possibly linked to his family’s crypto wealth. Authorities uncovered fraudulent activity in Hou’s bank accounts and believe someone impersonated him. Hou left his home without his phone on a Monday and never returned. Days later, his silver Toyota Yaris was discovered abandoned near a hiking trail in Rancho Cucamonga. On May 4, he was officially declared missing . Police Probe Fraud in Missing Crypto Investor Case By July 7, the San Bernardino County Sheriff’s Department confirmed its Specialized Investigations Division was treating the case as suspicious, citing evidence of “extensive fraudulent activity” involving Hou’s bank accounts. Investigators revealed that an unknown individual used Hou’s phone and impersonated him to communicate with his family, raising concerns that Hou may have been kidnapped. No suspects have been named, but authorities have not ruled out foul play. Hou’s son, Wen Hou, has offered a $250,000 reward for information that could lead to his father’s safe return. Wen, who has worked as Chief Investment Officer of hedge fund Coincident Capital since 2019, built his fortune in crypto and believes the motive behind his father’s disappearance may be financial. “He had no reason to disappear,” Wen said in an interview with KABC. “I miss him a lot. He’s sort of a guide to my life.” Experts suggest the case fits a growing trend of physical attacks targeting individuals linked to digital wealth. Local and federal agencies now use blockchain forensics to follow the money in these cases. Crypto-Linked Violence Hits Record Levels in 2025 Violent physical attacks targeting cryptocurrency holders, known as “wrench attacks,” are sharply rising in 2025, with 35 cases already reported by July, according to Chainalysis. The Asia-Pacific region has seen some of the worst violence , with countries like Japan, Indonesia, and the Philippines reporting a surge in kidnappings and extortion linked to crypto ownership. Driven by Bitcoin’s recent surge past $122,000, criminals are increasingly shifting from online hacks to real-world violence. Making my @CNN debut this morning: $5 wrench attacks, crypto user privacy, problems of KYC, Bitcoin users vs. bank secrecy laws, and the Trump Admin's policies on bitcoin and its crypto-offspring @btcpolicyorg @ConsumerChoiceC pic.twitter.com/Q2KvZEVjoE — Yaël (@YaelOss) May 29, 2025 So far this year, over $2.17 billion in crypto has been stolen globally, surpassing 2024’s total. Attacks on personal wallets now account for nearly 25% of stolen funds. Chainalysis found that retail wallet holders are now the main targets. Users in the U.S., Germany, and Japan report the most cases, while India, Chile, and the UAE see the highest average losses. Improved security at exchanges has pushed attackers toward less protected individuals with high-value wallets. The trend is also being fueled by advanced tactics. Chainalysis and CertiK report growing use of AI tools to identify and manipulate victims, often through phishing and impersonation schemes. CertiK estimates crypto users lost $2.2 billion in the first half of 2025 alone, with wallet breaches making up $1.7 billion. “The rise of wrench attacks is a stark reminder that digital assets are only as safe as the people who hold them,” Chainalysis said. The post 74-Year-Old California Man Missing; Kidnapping Suspected Over Family Crypto Fortune appeared first on Cryptonews .
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