and the distribution of digital products.
In the past week, Bitcoin has grabbed the major headlines as prices surge to a new all-time high of $118,856 following a market gain of 9.77%. In remarkable fashion, the premier cryptocurrency added an estimated $10,000 to its market value increasing its market cap to a solid $2.34 trillion. Interestingly, recent on-chain data suggest there may be more tailwind ahead backing Bitcoin’s ability to explore new price territory.
The next wave of Web3 neobanks won’t be standalone apps; they'll be embedded within platforms people already use.
Veer Chetal, a 19-year-old hacker, used social engineering to steal $243 million in Bitcoin, then exposed his identity during a livestream and reoffended while out on bail.
The crypto market is gaining steam following a powerful rally led by Bitcoin and Ethereum. Bitcoin broke decisively above its previous all-time high of $112,000, reaching uncharted territory near $118K. Meanwhile, Ethereum pushed above key resistance at $2,850, reigniting momentum across major altcoins. The breakout has fueled growing optimism among investors, with many analysts now anticipating the beginning of a broader bull run in the weeks ahead.
Crypto analyst TradingShot has drawn attention to a bullish pattern for Dogecoin, indicating that a significant price surge is on the horizon. The analyst suggested that this could be the final leg up for the foremost meme coin and advised market participants not to miss it.
Asia’s regulatory frameworks in tokenization are attracting global investors, with Japan and Hong Kong setting the pace for real-world asset adoption.
Largest stablecoin issuer Tether is undergoing a strategic infrastructure review, and it requires that it suspend USDT redemption on several blockchains. The named blockchains include Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. The firm announced the update on July 11, preparing its users for the eventual sunset move.
Meme coins have been in recovery once more after the Bitcoin price rallied to new all-time highs above $118,000. This rally was triggered by Donald Trump’s clamor for 3% interest rate cuts and the market responded positively to this with one of the greenest days in the last month.
In line with a bullish trading week, Sui (SUI) prices soared by over 20% reaching a local peak of $3.54 before experiencing a slight retracement.