Bitcoin has surged to a new all-time high, surpassing $112,000 on Coinbase, marking a significant milestone in 2024’s bullish crypto market. This latest peak continues the trend of rapid price
The world of cryptocurrency is constantly evolving, and at its heart lies Ethereum, a blockchain platform that has truly revolutionized how we think about decentralized applications and digital finance. But for any ecosystem to thrive, it needs resources – and not just static ones. Imagine a vast treasure chest, brimming with potential, yet much of it lies dormant. This is precisely the challenge and opportunity that Ethereum (ETH) co-founder Joseph Lubin recently highlighted: the crucial role of active Ethereum Treasuries in fueling the network’s future. Why Are Ethereum Treasuries So Important for the Future? Joseph Lubin, a visionary behind Ethereum, recently shared his insights in a CNBC interview, emphasizing that well-managed ETH treasuries are not just a nice-to-have, but an absolute necessity for the robust development of the Ethereum ecosystem. But what exactly are these ‘treasuries,’ and why do they hold such significance? In essence, Ethereum treasuries refer to significant reserves of ETH and other digital assets held by various entities within the Ethereum ecosystem. These can include decentralized autonomous organizations (DAOs), foundations, and even individual projects. Unlike traditional corporate treasuries, many of these are governed by smart contracts and community consensus, embodying the decentralized spirit of Web3. The challenge, as Lubin pointed out, isn’t a lack of ETH in circulation; it’s the insufficient activity to effectively utilize this vast pool of resources. Think of it this way: Ethereum has built an incredible digital city, complete with infrastructure and a thriving economy. But for the city to truly flourish, its collective wealth needs to be actively invested in new roads, public services, and innovative businesses. Dormant ETH, no matter how abundant, doesn’t build new dApps, fund critical research, or support burgeoning communities. Active treasury management means strategically deploying these assets to: Fund Core Development: Ensuring continuous improvement and security of the Ethereum protocol itself. Support Ecosystem Projects: Providing grants and investments to new dApps, tools, and infrastructure that expand Ethereum’s utility. Incentivize Participation: Encouraging developers, users, and validators to contribute to the network’s health. Ensure Longevity: Building a financial buffer against market volatility and unforeseen challenges. Unlocking Ecosystem Growth : Addressing Underutilized ETH The core of Lubin’s concern revolves around the concept of ‘underutilization.’ While billions of dollars worth of ETH exist, a significant portion might be sitting idle in wallets, locked in staking contracts without direct contribution to new development, or simply not being channeled into productive ventures. This isn’t necessarily a negative reflection on holders, but rather a call to action for the ecosystem to devise better mechanisms for deploying these resources. How does underutilized ETH hinder Ecosystem Growth ? Consider these points: Missed Opportunities: Innovative ideas and promising projects might struggle to secure funding, slowing down the pace of development. Stagnation Risk: A lack of new investment can lead to a stagnant ecosystem, where established projects dominate and new entrants face high barriers. Reduced Innovation: Without capital flowing into research and development, the cutting edge of blockchain technology on Ethereum might dull. Limited Reach: New user acquisition and real-world adoption depend on compelling applications and services, which require funding to build and scale. Lubin’s involvement with SharpLink Gaming, where he serves as chairman, provides a tangible example of his drive to find practical utility for digital assets. While not directly an ETH treasury, it showcases his interest in bridging the gap between digital assets and real-world applications, generating activity and value beyond mere holding. This philosophy extends directly to how collective ETH reserves should be managed. Joseph Lubin’s Vision: Powering ETH Development Beyond Circulation Joseph Lubin, a figure synonymous with Ethereum’s inception and growth, understands deeply that the true power of ETH isn’t just its market cap or circulating supply, but its utility and the innovation it fosters. His recent comments serve as a powerful reminder that while the blockchain has achieved incredible feats, its journey is far from over. His vision for ETH Development involves a proactive approach to treasury management, moving beyond passive holding to active deployment. Lubin’s perspective aligns with a broader trend in the decentralized space: the increasing maturity of DAOs and their role in governing substantial treasuries. These decentralized organizations are becoming critical conduits for directing collective funds towards projects that align with the community’s vision. For example, a DAO might vote to allocate ETH from its treasury to: Security Audits: Funding essential security reviews for new smart contracts to protect users. Grant Programs: Establishing initiatives to support independent developers building public goods on Ethereum. Protocol Upgrades: Investing in research and implementation of critical network enhancements like scalability solutions. Educational Initiatives: Sponsoring programs to onboard new developers and users to the Ethereum ecosystem. This active engagement ensures that the vast resources held within the ecosystem are continuously recycled and reinvested, creating a virtuous cycle of innovation and growth. Practical Applications: How Decentralized Finance (DeFi) and DAOs Can Leverage Treasuries The rise of Decentralized Finance (DeFi) has opened up new avenues for how Ethereum treasuries can be managed and utilized. No longer are these funds confined to simple holding; they can be actively deployed in various DeFi protocols to generate yield, provide liquidity, or even participate in governance, all while supporting the broader ecosystem. Consider these practical applications: Treasury Strategy Benefit to Ecosystem Example Liquidity Provision Enhances trading efficiency and stability for key assets, reducing slippage. Deploying ETH into a decentralized exchange (DEX) liquidity pool. Yield Farming/Staking Generates additional revenue for the treasury, which can be reinvested. Staking ETH to secure the network or participating in DeFi yield protocols. Strategic Investments Funds promising new projects or protocols that align with ecosystem goals. A DAO investing in an early-stage ZK-rollup project. Grants & Bounties Directly incentivizes developers and researchers to build public goods. Funding for open-source tools, educational content, or security audits. The key is for these strategies to be governed transparently, often through DAO proposals and voting, ensuring that the community has a say in how their collective wealth is managed. This level of transparency and community involvement is a significant differentiator from traditional corporate finance. Navigating Challenges and Charting a Path for Sustainable Ethereum While the benefits of active treasury management are clear, it’s not without its challenges. Managing large sums of volatile assets in a decentralized manner requires sophisticated strategies and robust governance frameworks. For Sustainable Ethereum , several hurdles must be addressed: Governance Complexity: Reaching consensus among a diverse community on how to allocate funds can be slow and cumbersome. Security Risks: Large treasuries are attractive targets for hackers, necessitating top-tier security measures for smart contracts and multisig wallets. Market Volatility: The inherent price fluctuations of crypto assets mean that the value of a treasury can change dramatically, impacting long-term planning. Transparency vs. Efficiency: Balancing the need for complete transparency with the agility required for timely financial decisions. Legal and Regulatory Uncertainty: The evolving regulatory landscape for DAOs and crypto assets adds a layer of complexity to treasury operations. Despite these challenges, the commitment from leaders like Joseph Lubin signals a strong drive towards overcoming them. The Ethereum community is continuously innovating, developing more efficient DAO tooling, advanced financial strategies, and clearer governance models to ensure that its treasuries are not just large, but also liquid, secure, and actively contributing to the network’s vitality. The emphasis on treasuries isn’t just about financial health; it’s about building a resilient, self-sustaining ecosystem that can adapt to future challenges and continue to lead the way in decentralized innovation. It’s about empowering the community to collectively decide its future and fund its most ambitious endeavors. A Compelling Future Powered by Collective Wealth Joseph Lubin’s timely remarks serve as a powerful reminder of a critical element for Ethereum’s continued success: the strategic and active management of its collective wealth. It’s not enough to simply accumulate ETH; the true potential of the ecosystem lies in its ability to deploy these resources effectively, fostering innovation, supporting infrastructure, and empowering its vast community. By transforming dormant holdings into dynamic capital, Ethereum can unlock unprecedented growth, solidify its foundation, and continue to lead the charge in building the decentralized future. The journey ahead demands foresight, collaboration, and a commitment to leveraging every asset for the greater good of the network. It’s an exciting prospect for anyone invested in the future of Web3. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum’s institutional adoption.
Summary The daily chart shows decent consolidation with two fakeouts. Buyers have stepped in consistently using the 50-Day moving average as support for continuous buying. A strong buying candle above the 2,750 range highs would be necessary to confirm the hypothesis. By Elior Manier The second largest cryptocurrency has been on a consistent grind in the past two weeks after seeing some heavy selling flows during the Israel-Iran War, taking its prices close to the $2,000 mark but since, has been posting a slow but strong rally, fuel for further continuation. Crypto markets haven't taken a significant direction for a while, but it doesn't mean that no opportunities are availables – Ranges give the opportunity for markets to cool down and prepare for further moves, while consolidating v olume-at-price. Market theory implies that the more prices are at an equilibrium (rangebound), the more solid the anchor of value for all participants. With cryptos consolidating at much higher levels than prior years, this shows a resilience for cryptocurrency markets and gives it more credibility for traditional investors to start inputting more flows. For example, since mid-May 2025, Bitcoin has been consolidating between $100,000 to $110,000 – despite giving to many players the opportunity to take their profits, markets did not retrace. Ranges also provide opportunities for scalpers who may attempt to trade highs and lows. Same for Ethereum ( ETH-USD ) which has been holding between $2,350 to $2,750 for close to two months now , and despite these prices being not too close from the Ether's ETH, it still consolidates at a relative high value, particularly after the 2025 Q1 Heavy Selling. Where does Ethereum stand after close to 2 months of consolidation? Ethereum Daily Chart Ethereum Daily Chart, July 9, 2025 – Source: TradingView The Daily chart shows decent consolidation with two fakeouts – it can happen that fakeouts lead to players being trapped beyond consolidation levels and create movements on the other side of the range. An upside fakeout in mid-June led to a retracement down to the $2,174 lows only a few days after. Since, however, buyers have stepped in consistently using the 50-Day Moving Average as support for continuous buying. With momentum not moving too fast to the upside (due to the speed and consistency of the buying move), the conditions for an upward breakout are starting to assemble . A strong buying candle above the 2,750 range highs would be necessary to confirm the hypothesis as a range is poised to hold as long as it holds before the inverse is proven true. Keep an eye on sentiment in other cryptos, particularly altcoins to spot how crypto players are moving. Ethereum 4H Chart Ethereum 4H Chart, July 9, 2025 – Source: TradingView The 4H Candles further give signs of the consistent grind, however it will be essential to spot how buyers react to the increasingly overbought conditions of the shorter timeframe. The 4H MA 50 is also accompanying the trend with a not-to-steep and stable trendline forming since the war-lows. Prices will have to hold above the $ 2,570 mid range level for a breakout to the upside above the $ 2,750 range highs – June fakeout highs are at $2,880 ETH-BTC check-up ETH outperforming Bitcoin is essential for other altcoins to keep growing, as was the case in past cycles, which would provide yet another sign of consistency for the cryptocurrency markets. After a downside fakeout, ETHBTC is getting back into its range but still has to overcome the 2.46% mid-range level before showing more bullish signs. Safe trades! Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg. On July 9, Bitcoin ( BTC ) surged over 2% to trade just above its prior all-time high of $111,970 set in May. The rally defied a wall of skepticism: short interest had climbed to $35 billion ahead of the move, while technical indicators flashed bearish divergences. Bitcoin’s all-time high could be seen as confirmation that institutional capital flows, not retail leverage, now dictate crypto’s inflection points. The original cryptocurrency entered into the uncharted territory amid a macro environment clouded by hawkish labor data and a sudden drop in rate-cut expectations, defying short-term bearish sentiment that had gripped markets earlier in the week. You might also like: Dow Jones eyes 45,000 level after strong jobs report Institutional tsunami, macro tailwinds defy bearish resistance Bitcoin’s breakout comes at a time when the traditional drivers of crypto rallies, such as halving narratives and speculative retail euphoria, have been sidelined by more durable capital flows. What appeared as counterintuitive price action, when BTC soared despite cooling rate-cut bets and rising short positions, reveals a fundamental market shift. The $35 billion in open short interest that accumulated ahead of the breakout became fuel for the rally, as ETF inflows and corporate buying created a supply squeeze that forced bears to cover positions. Data shows spot Bitcoin ETFs absorbed 245,000 BTC in Q2 alone, equivalent to nearly 1% of the total supply, while public companies beyond Strategy aggressively added billions in Bitcoin to their balance sheets. Standard Chartered analysts call this a “new flow regime,” where institutional absorption outpaces new supply from miners by a 3:1 margin. At the same time, broader risk markets have firmed around a surprisingly resilient U.S. economy. The June nonfarm payrolls report came in well above expectations, with 147,000 jobs added and the unemployment rate falling to 4.1%. That data prompted a sharp repricing in interest rate expectations. CME FedWatch now shows just a 5% chance of a July cut, down from 24% earlier this week. While tighter policy would typically pressure risk assets, Bitcoin’s rise alongside equities suggests it’s being repriced less as a high-beta asset and more as a liquidity magnet in a capital-constrained world. The S&P 500 and Nasdaq also gained on Wednesday, with the Dow adding 164 points, or 0.4%. Favorable geopolitics? Geopolitics added unexpected tailwinds. On July 9, the Trump administration fired warning shots at six nations, slapping Algeria and Iraq with 30% tariffs, while Brunei, Libya, and Moldova face 25% duties, and the Philippines braces for 20%. This marks the latest escalation in a broader tariff offensive, following threats against Japan and South Korea earlier in the week. Historically, such measures trigger inflation, supply chain disruptions, and equity sell-offs. But Bitcoin’s eerie calm suggests traders aren’t panicking, at least not yet. According to CoinShares’ James Butterfill, that may be a temporary illusion. “In the short term, tariffs slow growth and spook risk assets, including Bitcoin,” he noted in a report earlier this year. Nansen’s Nicolai Sondergaard cautions against overreading the frenzy. “Increased tariff announcements will likely spook the market,” he told crypto.news, “but players are conditioned to expect last-minute deals.” The real test comes August 1, and if tariffs take effect, Bitcoin’s rangebound complacency could shatter. Read more: Stablecoins supply crossed $250b on investor optimism: Binance report
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The price of Bitcoin just spiked to a new record price above $112,000 on Coinbase, continuing this year's trend of fresh peaks.
On July 10, Justin Sun announced a strategic acquisition of $100 million in TRUMP tokens, branding it as the “currency to Make America Great Again (MAGA)”. This move underscores a
Bitcoin (BTC) has officially hit a new all-time high of $111,999, surpassing its previous peak set on May 22, 2025. The milestone marks the beginning of what many analysts are calling a new crypto bull market, fueled by growing institutional interest and a resurgence in retail demand. Over the past few weeks, institutional interest in crypto assets has been growing steadily, according to reports by CoinShares . More to follow… The post Breaking: Bitcoin Hits New All-Time High as New Bull Market Begins appeared first on Cryptonews .
After a few weeks of trading sideways within a relatively tight range that had $110,000 as the upper boundary, bitcoin’s price finally broke above it and charted a fresh all-time high at $112,000. Many altcoins mimicked BTC’s rally, which resulted in roughly $500 million worth of liquidations on a 24-hour scale across the market. BTCUSD. Source: TradingView After the peak reached on Bitcoin Pizza Day (May 22), the primary cryptocurrency started to lose some ground, which culminated precisely a month later with a price dump to $98,000 during the Iran-Israel war. However, the bulls managed to contain the losses, and BTC quickly topped $100,000. In fact, the asset hasn’t traded within a five-digit price territory in over two weeks. July started with a slight stagnation, though, as bitcoin remained stuck between $105,000 and $110,000. However, the cryptocurrency went on the offensive hard in the past few hours, breaking above the upper boundary and surging to a fresh all-time high at exactly $112,000 (on Bitstamp and many other exchanges) minutes ago. Among the possible reasons behind today’s surge came a few hours ago when US President Trump urged the Federal Reserve to cut the rates by 300bps. Such a potential historic move is expected to benefit riskier assets like BTC and crypto. Many altcoins have followed suit on the way north, charting gains of close to 10%. ETH, for example, has risen by more than 6% since this time yesterday and trades close to $2,800. This volatility has harmed over-leveraged traders, resulting in more than $480 million in daily liquidations. The number of wrecked traders sits at 100,000, according to CoinGlass, most of which were from shorts. One particular position stands out as the single-largest liquidation; it happened on HTX and was worth over $51 million. Liquidation Heat Map. Source: CoinGlass The post Bitcoin Records New All-time High: Breaks Above May’s Peak appeared first on CryptoPotato .
The newly announced token will debut in an ICO on Saturday