According to breaking news, the Bitcoin price experienced a sudden surge in just two minutes, gaining 2.3% and rising above $116,000. With this development, the new all-time high price record for BTC was $116,868. Chart showing the rise in BTC price. Related News: Big Bitcoin (BTC) Foe Peter Schiff Speaks Out After Mega Bull in BTC Price and New Record Bitcoin, which broke its all-time high just a few hours ago today, hasn't seen such a sudden jump in a long time. All eyes are now on whether the BTC price can break through the psychological $120,000 barrier. The reason for the rise is attributed to the lack of attention paid to Donald Trump's tariff threats and the expectation that the Fed will begin interest rate cuts in September. The momentum behind the BTC price's record-breaking price is also contributing to the rise. With the recent surge, the cryptocurrency market saw $555 million in liquidations in the last hour. $540 million of this was in short positions. *This is not investment advice. Continue Reading: BREAKING: What’s Happening? Bitcoin Suddenly Rises Above $116,000 – $555 Million Liquidated in Minutes! Here’s What We Know
Ethereum is currently consolidating between $1,533 and $3,438, with increasing volume and transaction activity signaling a potential breakout on the horizon. The price action remains tightly compressed as buyers defend
Hyper, recognized as the leading entity with the highest win rate in the crypto trading arena, has strategically decreased its Bitcoin (BTC) long positions. The reduction amounts to a significant
U.S. President Donald Trump weighed in on the markets Thursday, pointing out that certain stocks and the Nasdaq had hit fresh all-time highs. He also highlighted the explosive rise in crypto, declaring it had reached record highs “through the roof,” as the 47th President posted on Truth Social. Amid Market Highs and Bitcoin Rally, Trump
Investor Kevin O’Leary emphasizes the transformative impact of artificial intelligence on reducing customer acquisition costs and reshaping business investment strategies. O’Leary highlights the strategic significance of AI infrastructure ownership, particularly
Ben Armstrong, the controversial crypto influencer mainly known as “BitBoy,” was arrested in Cherokee County, Georgia, late last month on six counts of harassing phone calls. This marks yet another legal setback for the controversial influencer. According to public jail records , BitBoy was booked into the county jail on June 27 and released the following day after posting bond. He is currently out of custody, but still facing charges. BitBoy’s arrest report — Source: VINE The arrest follows public communication from Armstrong, which has grown sparse. The most recent post from his X account, dated June 6, appears to have been made by a third party. He asked followers to include positive messages in letters to Armstrong while he was in custody in a separate matter. When a user replied , “He still in jail?” the account responded: “Indeed.” Meanwhile, Armstrong has issued no official statement. Also, the specific details surrounding the harassment allegations have not yet been made public. Legal troubles intensify for BitBoy BitBoy’s arrest last month is the latest in a long string of run-ins with the law. In March, he was arrested in Florida on a fugitive warrant issued by Georgia authorities. The case stemmed from emails he allegedly sent to Cobb County Superior Court Judge Kimberly Childs, whom he opposed in a separate defamation proceeding. BitBoy, representing himself then, later confirmed on X that the arrest was related to those communications. He is also the target of a defamation lawsuit filed by Kevin O’Leary, a “Shark Tank” investor. The suit accuses Armstrong of spreading false and malicious claims about O’Leary. This includes calling him “a real-life murderer” in connection with a 2019 boating accident that left two people dead. O’Leary, who was never charged, is seeking damages in excess of $75,000. The case remains active in the US District Court for the Southern District of Florida, where O’Leary recently filed a motion for default judgment. In June 2024, he was arrested in Georgia for reportedly making harassing phone calls. Adding to the turbulence, the CFTC issued a subpoena to HIT Network in mid-2023 amid a broader investigation into fraudulent activity linked to tokens Armstrong had promoted, such as BEN and DistX. Although BitBoy was once a major voice in crypto YouTube, his repeated controversies have damaged his credibility. Now, his future in crypto media appears uncertain as legal battles mount. Crypto influencers are losing their impact in 2025 The increasing regulatory landscape requires influencers to be transparent about sponsorships and paid promotions. Influencer marketing is still a powerful tool for crypto projects in 2025, but it requires a more strategic and ethical approach. However, users are more cautious with tokens advertised by influencers. Many crypto scams involve influencers promoting investments without disclosing their financial interests, which can mislead their followers. Influencers also promote crypto to inflate its price (“pump”), and then sell their holdings at the inflated price, leaving their followers with losses (“dump”). Also, celebrities can significantly impact the popularity and price of crypto coins, making them attractive targets for scammers. For instance, Logan Paul was accused of promoting the CryptoZoo project and failing to disclose financial interests when promoting other crypto investments. In addition, Lindsay Lohan and Jake Paul were charged with illegally promoting Tronix (TRX) and BitTorrent (BTT). The SEC alleged that they concealed payments received for promoting the tokens. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Bitcoin is close to surpassing its all-time high. IBIT's assets reached a record 76 billion dollars. Continue Reading: Bitcoin Surges Past Gold with Unstoppable Momentum The post Bitcoin Surges Past Gold with Unstoppable Momentum appeared first on COINTURK NEWS .
Renowned economist Peter Schiff, known for his harsh stance against cryptocurrencies, issued a statement after Bitcoin reached a new all-time high of $113,833 today. Schiff warned investors who saw this rise as an opportunity, arguing that Bitcoin did not offer a basic business model. “The logic behind Bitcoin or Ethereum treasury companies is to exploit naive investors who are willing to buy shares of companies with no real business model at higher premiums,” Schiff said in his statement. But those who aim to profit from this speculation are likewise “fools themselves,” according to Schiff. Related News: Watch Out: Grayscale Announces the Possible Addition of 29 New Altcoins to its Investment Products - There Are Big Surprises, Here's the List The renowned economist claimed that these levels are the perfect time to sell Bitcoin and buy silver, saying: “With Bitcoin reaching new highs today, it's a great time to sell some and buy silver. Even if Bitcoin continues to rise for a while, silver is likely to rise even higher. Furthermore, while Bitcoin could easily crash, the downside risk in silver is quite limited.” However, despite all his hostility towards BTC, Schiff recently sold an NFT collection of his own on the Bitcoin network. At the time of Schiff's announcement, Bitcoin reached a new record high of $113,833.84, according to CoinMarketCap. Total market capitalization rose 3.34% to $2.24 trillion, while 24-hour trading volume increased 55.29% to $68.52 billion. *This is not investment advice. Continue Reading: Big Bitcoin (BTC) Foe Peter Schiff Speaks Out After Mega Bull in BTC Price and New Record
Despite the early frenzy around memecoins, their appeal is waning. Shiba Inu, Dogecoin, and PEPE, which once saw meteoric rises, are now facing a plateau in growth and investor interest. Dogecoin, for instance, is trading at $0.1829, while Shiba Inu is priced at around $0.00001243, indicating a stagnant market situation. The Decline of Memecoins The fascination with Shiba Inu and Dogecoin lingers, yet the practical utility of these assets remains limited, leading to investor fatigue. The nature of these coins has made them popular for short-term trading but less appealing for long-term investment. Investors are gradually shifting their focus from memecoins to more robust platforms that promise not just novelty, but real-world utility. This shift is primarily due to the lack of fundamental value and innovation within the memecoin space, moving the spotlight to more promising alternatives. Introduction to a Formidable XRP Rival The cryptocurrency community is buzzing about Remittix , a PayFi project that is gaining traction as a direct competitor to XRP, particularly in the realm of cross-border payments. Unlike traditional memecoins, Remittix offers a tangible solution by enabling instantaneous crypto-to-fiat transactions without the need for traditional exchanges. Remittix has successfully raised over $15.9 million, with more than 548 million tokens sold in one of the fastest-growing presales of 2025. This marks a significant milestone, showcasing its potential to redefine financial transactions globally. Why Remittix Stands Out in 2025 The upcoming launch of the Remittix wallet is set to revolutionize the way users manage crypto transactions, turning them into instantaneous operations. This advancement, coupled with a 50% bonus on token purchases, positions Remittix as a promising investment opportunity, aiming for an $18 million soft cap. With its current market cap at just $0.0811, analysts see Remittix not just as a temporary trend but as a sustainable solution poised to disrupt the $190 trillion global payments industry. Utility Over Hype: The Investor's Shift 2025 marks a definitive shift in investor preference from hype-driven memecoins to platforms like Remittix that offer scalability, usability, and real-world application. As more capital flows into projects with substantial utility, Remittix is quickly becoming the preferred choice over traditional memecoins. Discover the future of PayFi and explore the promising prospects of Remittix by visiting their presale and social media platforms: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Shiba Inu, Dogecoin and PEPE hype still lingers, but investor fatigue is evident in 2025. DOGE is at around $0.1829, SHIB at around $0.00001243, while PEPE's volatility has made it hard to track. But growing numbers of holders are selling memecoins for what analysts characterize as an XRP rival with real-world potential. Memecoins Fail to Sustain Investor Interest Shiba Inu has a market cap of $7.09 billion with trading volume up by 10.14%. DOGE is higher with a cap of $25.95 billion, but there's a fall over 1.99% in trading volume. While the figures show stability, growth has stopped for the majority of it. Investors are finally catching on to the fact that memecoins, while wonderful as short-term pumps, rarely ever help with long-term gains. With no long-term fundamentals or meaningful upgrades in the pipeline, everyone is asking: what's the next meme wonder? The strange case of an XRP rival in 2025 As the memecoins hype wanes, attention shifts to Remittix, a PayFi project being compared to XRP for its utility in cross-border payments. Remittix (RTX) allows users to exchange crypto like BTC, ETH and DOGE for fiat in an instant no exchanges, no fuss, no complicated process. That alone is revolutionary. Remittix is not a memecoin. It's a real solution to real problems and investors are taking notice. It has raised more than $15.9 million and more than 548 million tokens have been sold, placing it in the top list of fastest-growing presales in 2025. Remittix Is Quietly Becoming the Breakout Presale of 2025 The recent Remittix wallet announcement only fueled the flames. The app, set to debut in Q3, will enable users to manage crypto-to-fiat transactions in just seconds. What makes this presale even more attractive is the 50% token bonus currently in effect a limited-time offer while the project attempts to hit its $18 million soft cap. At a current market cap of only $0.0811, RTX has Enormous Upside Potential compared to sluggish DOGE or SHIB. Other analysts believe that this is not just a short-term win, but a long-term game-changer in the $190 trillion global payments industry. Remittix isn’t trying to amuse the market; this best crypto presale aims to fix it Real Utility vs Meme Durability While Dogecoin and Shiba Inu enjoy loyal fan bases, real capital is finally flowing into something that counts. The trend is obvious: 2025 investors want usability, scalability and real-world applicability, not just hype from a crowd. And for the majority, that means choosing Remittix, the XRP alternative that's fast supplanting old-school meme tokens. With this battle of utility against hype, Remittix is rapidly emerging as the default winner. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.