Author: John Smith

Ethereum traded near $1,764.43 on July 5, according to crypto.news market data. The token was up 0.2% over 24 hours and 11.58% over seven days. Its market cap stood near $212.91 billion, while 24-hour volume was about $11.16 billion. Summary Ethereum remains trapped between $1,700 support and $1,800 resistance as liquidation clusters frame price action. Vitalik Buterin’s Lean Ethereum roadmap focuses on STARKs, quantum resistance, privacy and future scalability. ETH’s MACD shows improving momentum, but weak volume keeps a confirmed bullish reversal out of reach. The latest daily range showed ETH moving between $1,751.18 and $1,801.59. That placed the token…

Senator Cynthia Lummis has renewed her call for lawmakers to advance the CLARITY Act, a bill aimed at setting clearer rules for digital asset markets in the United States. A post shared by CryptoGoos cited Lummis as saying the bill would “lay the foundation for the financial services of the 21st century.” Summary Lummis says the CLARITY Act can modernize finance, but Senate timing remains the main hurdle. Crypto.news says the bill cleared key steps but still needs a full Senate floor vote. The bill would split crypto oversight between SEC and CFTC while adding exchange safeguards. Lummis also said,…

Kraken has started allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading on Kraken Pro. The update gives traders a way to support leveraged crypto positions without selling those tokenized holdings first. Summary Kraken allows ten xStocks as collateral, widening capital use for eligible non-US traders globally today. Broad-market ETFs carry lower haircuts, while volatile names like MSTRx and HOODx receive higher discounts. Related coverage shows Kraken moving tokenized assets toward collateral, cash management and institutional credit products. The exchange said 10 xStocks assets are eligible at launch. The list includes SPYx,…

The Canary HBAR ETF, trading on Nasdaq under the ticker HBR, pulled in $989,000 in net inflows on July 2. The figure marked its largest single-day inflow since May 15, according to market posts tracking spot crypto ETF flow data. Summary Canary’s HBR ETF drew $989K, showing Hedera still appears in institutional flow data despite weak price. HBAR trades near $0.075, with market cap above $3.29b and weekly gains holding firm. ETF demand remains small, but steady appearances may keep Hedera visible to regulated investors. The amount remains small compared with spot Bitcoin ETF and spot Ethereum ETF flows. Still,…

Cardano is showing renewed holder growth after a sharp June selloff. According to Santiment, the network added 14,783 more non-empty ADA wallets after its June 23 bottom. Summary Cardano added 14,783 non-empty ADA wallets after its June low, showing renewed retail activity. ADA rebounded toward $0.20 after falling to levels not seen since 2020 last month. Community fear remains tied to governance tension, Hoskinson comments and wider doubts over ecosystem funding. The on-chain data came as ADA recovered from recent lows. Santiment said the token pushed back toward $0.20 for the first time in about a month and had risen…

South Africa’s Revenue Service has published draft guidance on how crypto assets should be taxed under the country’s current tax laws. The proposal seeks public feedback until August 31, 2026, before SARS moves toward a final version. Summary SARS says crypto is not currency, keeping digital assets inside income and capital gains rules. The draft treats trades, swaps and crypto payments as possible tax events under current law. Public comments remain open until August 31 as South Africa clarifies crypto tax reporting. The draft does not create a new crypto tax law. It explains how current rules under theIncome Tax…

XRP traded near $1.13 on July 5, according to crypto.news market data. The token was down 1.04% over 24 hours but remained up 7.79% over seven days. Its market cap stood near $70.26 billion, while 24-hour volume was about $1.67 billion. Summary XRP’s current price near $1.13 keeps the token below the key $1.20 weekly average. A weekly death cross could turn the 200-week SMA from support into future resistance. Crypto.news analysis keeps $1.10, $1.20 and $1.40 as key levels for XRP traders. The price remains close to a key technical zone after a short recovery from the $1 area.…

U.S. spot Bitcoin ETFs recorded about $527 million in net outflows over the four trading days ending July 2. The loss marked the eighth straight negative week for the funds and set their longest weekly outflow run since launch. Summary Bitcoin ETFs posted their eighth weekly outflow, even after July 2 brought renewed daily inflows. IBIT extended its redemption run, while Fidelity and ARK funds led the rebound day overall. Ether ETFs also stayed negative for the week, but Hyperliquid products still attracted new capital. The weekly decline came even after the products returned to daily inflows on July 2.…

Revolut has confirmed it will remove Tether’s USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework. Summary Revolut will delist USDT for eligible European users under the EU’s MiCA regulations. Users can buy USDT until July 6 and withdraw or sell holdings until Aug. 31. Tether also recently froze 131 TRON wallets after new U.S. sanctions targeted ISIS-K-linked addresses. According to an email sent by Revolut to affected customers, the fintech company will phase out support for USDT over the next two months, giving users until Aug. 31 to…

CryptoQuant has reported that Bitcoin’s realized profit and loss ratio has dropped to a 43-month low of -0.35, a level that has historically appeared near major market bottoms. Summary CryptoQuant says Bitcoin’s realized P&L ratio has fallen to a 43-month low, a level previously seen near market bottoms. U.S. spot Bitcoin ETFs recorded $221.7 million in inflows, ending a 10-day outflow streak as Bitcoin rebounded. Bitwise CIO Matt Hougan says reduced leverage could signal the final stage of Bitcoin’s correction before a potential fall rally. According to blockchain analytics platform CryptoQuant, Bitcoin’s realized profit and loss ratio has fallen to…