Crypto

The crypto market is maturing thanks to greater institutional adoption.

ProShares Debuts Leveraged XRP, Solana ETFs, but they aren't for the risk-averse.

According to the report, the Cantor Equity Partners 1 shell company would acquire 30,000 bitcoin from Back and his Blocksteam Capital in exchange for shares in the Cantor vehicle.

ProShares launched two exchange-traded funds (ETFs) that seek to deliver 2x returns on the daily price movement of Solana (SOL) and XRP, adding leveraged exposure to the firm’s expanding roster of crypto-linked products, according to a July 15 announcement. The ProShares Ultra Solana ETF (SLON) targets 200% of Solana’s daily performance, while the ProShares Ultra […] The post ProShares debuts 2x leveraged daily exposure to Solana and XRP in new ETFs appeared first on CryptoSlate.

The Tornado Cash co-founder's legal team argued he "had nothing to do" with hackers using the crypto mixing service as his criminal trial kicked off. Jury selection in the criminal trial of Tornado Cash co-founder and developer Roman Storm wrapped up on Tuesday, and prosecutors and defense attorneys issued their own statements in a case that could have significant repercussions for the crypto and blockchain industry. According to reporting from Inner City Press inside the US District Court for the Southern District of New York on Tuesday, US prosecutors focused much of their opening statement on attempting to link Storm to North Korean hackers using Tornado Cash to launder funds, in violation of US sanctions. The Lazarus Group was allegedly behind a 2022 hack of the Ronin Bridge, which removed about $600 million in crypto. “The defendant was profiting from a giant washing machine for dirty money,” reportedly said Assistant US Attorney Kevin Mosley, adding: “Mr. Storm had choices. Once he learned he was washin...

Ether reclaims $3,000 and breaks key technical levels, setting the stage for a potential 1,110% rally. Key takeaways: Ether is outperforming Bitcoin this week, with the altcoin reclaiming $3,000. The ETH/BTC pair broke above its 200-day moving average, with the RSI breaking a three-year downtrend, hinting at a structural shift. Read more

The proposal argues that an unprecedented threat requires Bitcoin’s community to take unprecedented action.

Standard Chartered has launched spot trading for Bitcoin (BTC) and Ethereum (ETH) through its institutional crypto platform, expanding its presence in digital assets just as U.S. regulatory and investor attention turns sharply toward stablecoins. The launch follows a series of high-level meetings across Washington, New York, and Boston, where Geoffrey Kendrick, the bank’s Head of […] The post Standard Chartered expands crypto footprint amid stablecoin market boom appeared first on CryptoSlate.

ChatGPT's 42-Signal ADA Analysis has identified bullish momentum as Cardano trades 5.2 % above the 200-day EMA, with RSI near 69 and MACD positive. Governance reforms, the enterprise Reeve launch, and staking upgrades have strengthened institutional interest, aiming beyond $0.75 toward $1.25. The post ChatGPT’s 42-Indicator ADA Analysis Flags $0.75 Breakout Amid Hoskinson Governance Push appeared first on Cryptonews.

United States policymakers have been discussing crypto regulations during “Crypto Week” in Washington DC.

Big banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation. JPMorgan Chase, the largest bank in the United States with $3.6 trillion in assets, has plans to “to be involved in […] stablecoins,” CEO Jamie Dimon said on Tuesday during an earnings conference call. According to Dimon, JPMorgan’s move into the stablecoin space is partly driven by competition from fintech companies, which are increasingly trying to replicate features of the traditional financial system. “We’re going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it,” Dimon said. “I think they’re real, but I don’t know why you’d want to [use a] stablecoin as opposed to just payment.” Read more

Maxine Waters has argued in a July 14 op-ed that the GOP’s GENIUS and CLARITY bills, advancing during Capitol Hill’s “Crypto Week,” echo past deregulation mistakes and could lead to the United States’ first crypto financial crisis, benefiting Donald Trump’s $TRUMP memecoin allies. The post Maxine Waters Warns GOP Crypto Bills Could Trigger America’s First Crypto-Financial Crisis appeared first on Cryptonews.

President Donald Trump urged House Republicans on July 15 to support a procedural motion that would advance three crypto bills during the chamber’s “Crypto Week,” but lawmakers resisted the bill in today’s voting session.  Trump wrote on Truth Social that “all Republicans should vote yes,” arguing that the GENIUS Act will keep the US “lightyears ahead” of China and Europe […] The post House rejects crypto rule package despite Trump’s call, push for second vote later today appeared first on CryptoSlate.

XRP is on fire, with the price of the token rocketing past key resistance levels and currently outperforming Bitcoin and Ethereum.

ProShares has expanded its $1.5 billion crypto ETF roster by unveiling 2x leveraged Ultra Solana and Ultra XRP funds, using derivatives and debt to match double daily performance, following NYSE Arca clearance and rising institutional interest.   The post Wall Street Giant ProShares Launches 2x Leveraged Solana and XRP ETFs – Institutions Coming? appeared first on Cryptonews.

Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes. Fairshake, a US-based political action committee (PAC) backed by contributions from cryptocurrency companies including Coinbase and Ripple Labs, reported holding $141 million in assets to be used to influence upcoming elections. In a statement released on Tuesday, Fairshake said it had raised about $52 million in the first half of 2025, with $25 million from Coinbase. This total, including its $109 million raised since November 2024, had the PAC holding more funds than it spent on congressional races in the last US election cycle. The PAC, through its affiliates Defend American Jobs and Protect Progress, has already spent more than $2 million to support candidates in special congressional elections in 2025 for three House seats in Virginia and Florida. Read more

Rising US inflation tempers investors’ interest rate cut hopes, leaving Bitcoin at a critical juncture below $120,000. Key takeaways: June CPI data showed rising headline and core inflation, reducing expectations of an interest rate cut in July. Bitcoin must reclaim the $119,250–$120,700 zone to confirm bullish momentum and aim for fresh highs above $123,000. Read more

Bitcoin accumulator wallets added 248K BTC in July, hitting a 2025 high as $200K targets gain traction.

GameStop has acquired 4,710 bitcoins as a hedge against macro uncertainty, CEO Ryan Cohen has said, noting that capital deployment will stay disciplined. Alongside a $2.25 billion zero-coupon convertible note raise, the retailer has shifted its business mix toward trading cards and collectibles. The post GameStop CEO Says Bitcoin Bet Is a Hedge, Not a Strategy Copy appeared first on Cryptonews.

Pudgy Penguins ($PENGU) has rallied 127.4% over the past week, jumping from $0.0270 to $0.0344 amid ETF filing talk, Coinbase and Binance US avatar swaps, and whale accumulation. Volume has risen sharply while the chart retains a bullish structure above $0.030, pointing to sustained demand.   The post Pudgy Penguins ($PENGU) Soars 127% in a Week as Meme Coin Mania Returns appeared first on Cryptonews.