Author: Ibrahim Abdulaziz Adan

Bitcoin is surging toward $118,500 after news of a possible US-EU trade deal. Earlier in the day, the crypto market crashed due to Trump’s tariff threats. The market is now recovering as traders respond to improved global trade sentiment. Bitcoin is leading a market-wide recovery after reports of an imminent US-EU trade agreement surfaced. The BTC price has surged toward $118,500 following an early-day slump triggered by tariff tensions. According to CoinMarketCap data, Bitcoin shows strong hourly gains as momentum returns to the crypto market. Daily trading volumes spiked to $64.45 billion, while Bitcoin’s market capitalization reached $2.3 trillion. Despite…

VERT has issued a $130 million tokenized agribusiness debt instrument on the XRP Ledger and launched a private credit platform. Using blockchain technology, the platform aims to improve transparency and efficiency in Brazil’s capital markets. This move comes as XRP Ledger sees a 2,260% surge in tokenized real-world assets and growing institutional demand. Brazilian fund manager VERT has officially issued a $130 million Agribusiness Receivables Certificate (CRA) on the XRP Ledger. This marks the first live transaction on its newly launched tokenized private credit platform. The CRA is a regulated debt instrument commonly used to fund Brazil’s agricultural sector, contributing…

Binance Coin hit a new all-time high of $804 after gaining over 6 percent in 24 hours. Nano Labs bought more than $90 million worth of BNB, boosting market confidence. Traders expect BNB to reach $1,200 as technical indicators and open interest remain strong. Binance Coin (BNB) reached a new all-time high of $804 on July 23, following a 6% increase in the past 24 hours. The move comes amid growing institutional interest, with Nasdaq-listed Nano Labs significantly expanding its BNB holdings. A sustained bullish momentum and a growing imbalance between buying and selling pressure have fueled the rally. BNB…

The altcoin market is pulling back after recent highs, while gold breaks above key resistance. Analyst Michaël van de Poppe says the gold rally may be causing capital to move away from crypto. Ethereum, XRP, ADA, and SOL have all retraced as traders shift to a risk-off stance. The altcoin market is showing signs of a cooldown after recent highs, coinciding with a significant gold price surge. According to top market analyst Michaël van de Poppe, the breakout in gold may be triggering a short-term capital shift away from risk-on assets like cryptocurrencies. Van de Poppe pointed to a potential…

The SEC approved and immediately paused Bitwise’s crypto index fund conversion into an ETF. The approval was granted under delegated authority but is now under full Commission review. The move mirrors past ETF delays and may relate to upcoming listing standards for crypto ETFs. The U.S. Securities and Exchange Commission (SEC) has approved and simultaneously halted the conversion of the Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF), pending further review. This unusual move has left Bitwise’s ETF aspirations temporarily suspended. Accelerated Approval Followed by Sudden Stay On Tuesday, the SEC’s Division of Trading and Markets granted…

U.S. authorities seek to forfeit $7.1 million in crypto tied to a fraudulent oil and gas investment scheme. The scheme involved laundering funds through crypto accounts linked to individuals in Russia and Nigeria. One person has been indicted, and over $9.4 million in assets have been seized for victim restitution. The U.S. Department of Justice is pursuing the forfeiture of $7.1 million in cryptocurrency linked to a fraudulent oil and gas investment scheme allegedly draining nearly $97 million from victims between June 2022 and July 2024. The action, filed by the Seattle U.S. Attorney’s Office, targets digital assets seized by…

Spot Ether ETFs have recorded over $4 billion in inflows during a 13-day streak, with BlackRock’s ETHA leading the surge. Institutional demand for Ethereum is rising as Bitcoin ETF inflows slow and the exchange supply of ETH declines. Ethereum ETFs now hold nearly $20 billion in assets, while Bitcoin ETFs saw $67 million in outflows on Tuesday. Spot Ether exchange-traded funds (ETFs) have recorded 13 straight trading days of net inflows, totaling more than $4 billion. According to SoSoValue data, Tuesday alone saw $533.87 million in inflows, led by BlackRock’s iShares Ethereum Trust (ETHA), which attracted $426.22 million. ETHA now…

The Bank of England is reconsidering its plan to launch a digital pound and may abandon it. Officials are urging commercial banks to improve payment systems instead of creating a CBDC. Public concerns over privacy and stability, along with global skepticism, are influencing the decision. The Bank of England (BoE) is reconsidering its plans to launch a retail-focused central bank digital currency (CBDC), signaling a possible retreat from earlier intentions to introduce a “digital pound.” According to a Bloomberg report citing sources familiar with the matter, BoE officials are increasingly skeptical about the necessity and benefits of issuing a state-backed…

KuCoin has listed Codatta (XNY) on its Spot trading platform, with trading for the XNY/USDT pair starting on July 23. Users can deposit via the BSC-BEP20 network and use Trading Bots like Spot Grid and DCA to automate trades. Codatta allows contributors to tokenize data and earn royalties as AI developers access their datasets. Global crypto exchange KuCoin has added Codatta (XNY) to its Spot trading platform, expanding its support for AI-powered and decentralized data projects. The XNY/USDT trading pair became available on July 23, following a one-hour call auction session. XNY Trading Now Live on KuCoin According to KuCoin’s…

World Liberty Financial bought 3,473 ETH for $13 million, bringing its total holdings to 73,616 ETH. The platform’s average ETH purchase price is $3,272, with over $33 million in unrealized profit. Ethereum price rose 2% after the buy as institutional and whale interest in ETH grows. World Liberty Financial, a crypto platform linked to the Trump family, has made another major Ethereum purchase. The project swapped $13 million in USDC to acquire 3,473 ETH at an average price of $3,743 per token, according to on-chain data from Lookonchain. This new addition raises WLF’s total Ethereum holdings to 73,616 ETH, valued…