Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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Top 3 altcoins under $1 worth watching: Sei, Ethena, Arbitrum

  • Sei eyes further gains as it breaks above $0.31 with a 20% surge in 24 hours.
  • Ethena price is above $0.35 and could eye the $1 psychological level amid fresh momentum
  • Arbitrum price has reached $0.41 and could explode amid adoption trends.

The cryptocurrency market is in an uptrend, with several altcoins under $1, including Sei, Ethena, and Arbitrum, seeing notable gains in the past 24 hours.

Sei has surged 20% in the last 24 hours, breaking above $0.31, while Ethena has spiked above $0.35. Elsewhere, Arbitrum trades above $0.41.

With these tokens among the top 100 best performers as altcoins gain alongside Bitcoin, are they worth watching?

Here’s a brief overview of each.

Sei (SEI) price poised at $0.31

Sei, a high-performance layer 1 blockchain designed for decentralized finance (DeFi) and high-frequency trading, has recently captured significant attention.

On July 10, 2025, Sei announced a major milestone with the integration of native USDC and Circle’s CCTP V2, positioning it as a trusted financial rail for institutional-scale transactions.

This development, coupled with a 20% price surge in the last 24 hours, underscores Sei’s potential to dominate the DeFi and payment sectors.

As Sei continues to enhance its infrastructure for seamless, near-instant global settlement, it remains a coin worth watching for investors seeking exposure to high-speed blockchain solutions.

The broader crypto market, currently at $3.6 trillion, is experiencing a bull flip. Sei broke above $0.30 and could eye a further upward trajectory.

Bulls will target $1 having already seen the token tap the all-time high of $1.14 in March 2024.

Ethena (ENA) breaks above $0.35

Ethena, a delta-neutral stablecoin protocol based on Ethereum, has seen a notable price increase, surpassing $0.35 as top altcoins rallied alongside Bitcoin.

The ENA token’s uptick in the past 24 hours comes amid listing by Upbit, South Korea’s largest crypto exchange. Upbit announced the listing of ENA trading pairs with KRW, BTC, and USDT, beginning July 11, 2025.

Ethena, which aims to provide a stablecoin solution resilient to market volatility, could see its native token benefit from Upbit’s listing with further adoption and liquidity.

The Ethena Lab’s focus on stability and its integrations across the market means it’s a key player in the stablecoin and DeFi sectors.

Given the crypto market’s recent surge, Ethena’s one of the altcoins to monitor. ENA traded at an all-time high of $1.52 in April 2024.

Arbitrum price breaks $0.41

Arbitrum, an Ethereum layer-two (L2) scaling solution, has demonstrated strong performance. ARB price has reached $0.41 and looks bullish.

Known for improving Ethereum’s speed, scalability, and cost-efficiency through optimistic rollups, Arbitrum is well-positioned to dominate the smart contract platform sector.

Its native token, ARB, is used for governance within the Arbitrum DAO, further solidifying its role in decentralized applications (dApps).

A 15% increase in Arbitrum’s price over the last 24 hours and 26% in the past week, aligns with the broader market’s uptick.

If institutional interest in L2 solutions continues to rise, Arbitrum’s potential for further gains makes it a noteworthy altcoin under $1.

The token traded at the ATH of $2.40 in January 2024.

The post Top 3 altcoins under $1 worth watching: Sei, Ethena, Arbitrum appeared first on CoinJournal.

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Bitcoin price hits new ATH near $114k but holders keep BTC off exchanges

  • Bitcoin price hit a record $113,923, driving altcoins higher.
  • Despite the new BTC peak, exchange reserves continue to plummet.
  • Investors’ reluctance to sell, despite the price spike, signals strong belief in Bitcoin’s future performance.

Bitcoin (BTC) surged to a new all-time high of $113,923, pushing the broader cryptocurrency market into fresh bullish momentum.

Yet, as BTC looks to rally further, analysts are saying the market is in no rush to cash in on the windfall, with holders choosing to keep their coins off exchanges to continue a trend seen over the past several months.

Notably, Bitcoin has rallied more than 98% in the past year and over 13% since its recent lows in June.

Bitcoin price chart on CoinMarketCap

However, while most coins have hit profit-taking turbulence, Bitcoin holders have shown a remarkable reluctance to move their coins back to exchanges, signaling a shift toward long-term storage and self-custody. Also bullish for BTC that could eye the $120k level next.

BTC on exchange drops despite Bitcoin spike to new ATH

Despite Bitcoin’s dramatic climb to its latest all-time high, which it set at $113,923 on Thursday, July 10, 2025, data from shows on exchange balances continue to slip.

Santiment reveals a significant decline in the amount of BTC held on exchanges, noting that over the past four months, a net drop of 315,830 Bitcoin has left exchanges.

This equates to a 21% reduction in net exchange balances, with the trend extending months back.

Indeed, exchange reserves for BTC are at lows last seen years ago.

A staggering 1.88 million BTC has moved away from exchanges since July 2020, indicating a 61% drop.

“Overall, the trend of coins staying off exchanges is a sign that the threat of sudden market plummets is more limited, and long-term investors are increasingly content to keep their coins safe in personal storage for the long run,” the platform posted on X.

This reduction suggests a potential supply shock, as less BTC availability on exchanges could limit sudden market dips, while helping prices edge higher.

Bitcoin exchange balances vs. price chart. Source: Santiment

Bitcoin holders not in a rush to sell

Santiment analysts’ bullish take aligns with insights from CryptoQuant, which noted on X that Bitcoin exchange reserves are at a seven-year low.

The values have dropped below 15% of the total supply for the first time since 2018. Like Santiment, CryptoQuant analysts see the scarcity as a bullish signal.

“Bitcoin hit an all-time high, but selling pressure is nowhere to be seen,” the platform wrote. “Exchange inflows dropped to just 18K BTC/day, the lowest since 2015…That’s a 78% decline from the $100K breakout in November. Holders aren’t rushing to sell.”

As the analysts explain, the reluctance to return BTC to exchanges reflects a bullish trend and a growing preference for personal storage.

This behavior is particularly pronounced among long-term holders, who appear content to hold their assets offline.

The post Bitcoin price hits new ATH near $114k but holders keep BTC off exchanges appeared first on CoinJournal.

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XRP price targets breakout above $3 as BTC hits fresh ATH

  • XRP price has gained 5% to hit $2.50, its highest level in nearly two months.
  • Ripple’s token appears poised to challenge its 2025 high of $3.40.
  • A breakout could potentially bring the all-time high of $3.84 into view, though support lies around $2.29 and $2.10.

Ripple’s XRP posted a strong uptick as the cryptocurrency market witnessed a fresh dose of optimism amid Bitcoin’s surge to a new all-time high above $113,718.

Bitcoin’s rally, which saw the benchmark digital asset trade more than 4% in the past 24 hours, saw Ethereum (ETH), Solana (SOL), and BNB (BNB) hit key price levels. Amid this bullish wave, XRP broke to $2.5, reaching its highest level since May 2023.

This uptick, bolstered by fundamental developments and Ripple CEO Brad Garlinghouse’s recent Senate testimony, has sparked speculation about a potential breakout above $3, with analysts eyeing a new all-time high for XRP.

XRP price: bulls reach $2.5

XRP has surged to $2.50, marking a 5% increase in the last 24 hours and a nearly 11% gain in the past week. The altcoin’s upward momentum saw it reach its highest price since May 2023, when it traded above $2.58.

Gains on the day come as the broader cryptocurrency market rides a fresh wave of bullish sentiment. As noted, Bitcoin’s new peak above $113k has seemingly set the tone for altcoin rallies.

ETH and SOL have posted gains of 5% to 6%, while BNB is looking to follow suit with a 2% uptick in the last 24 hours.

XRP chart on CoinMarketCap

Ripple’s strategic advancements, including its application for a US banking license and a partnership with BNY Mellon to custody Ripple’s USD-backed stablecoin, RLUSD, have buoyed XRP price.

Additionally, Garlinghouse’s testimony before the US Senate Banking Committee on July 9, 2025, where he emphasized regulatory clarity for digital assets, has reinforced XRP’s position as a major crypto market player.

Ripple price prediction: Is XRP set for new all-time high?

As altcoins stack gains, analysts are increasingly optimistic about an altseason.

XRP’s trajectory, with derivatives markets signaling strong bullish momentum and key fundamental milestones, could rally hard.

According to Coinglass, XRP’s futures open interest has surged to $5.89 billion, up 6%. Growing investor confidence and speculative bets on further price increases have also seen the derivatives volume surge over 27% to $9.84 billion.

On the technical front, XRP’s chart shows promising signals.

XRP Price
XRP chart by TradingView

The daily chart shows the Relative Strength Index (RSI) at 69, indicating strong buying pressure.

While it is upsloping, the RSI has not pierced into the overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) displays a bullish crossover, suggesting upward momentum.

If upside strength holds, a break to resistance at $2.70 will bring $3.00 into play. The all-time high of $3.84 will be the next target. On the flipside, the critical support area is at $2.29 and $2.10.

The post XRP price targets breakout above $3 as BTC hits fresh ATH appeared first on CoinJournal.

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GMX price dives 20% after $40 million hack

  • GMX price fell 20% after the decentralised perpetuals exchange suffered a $40 million exploit on its V1 platform.
  • Investor panic and concerns over repeated security incidents put bulls under pressure near $11.45.
  • GMX’s response to stabilise confidence and mitigate further losses will be key.

GMX, an on-chain perpetual and spot exchange, experienced a substantial security breach.

The exploit, which resulted in the loss of approximately $40 million, has triggered a sharp decline in the value of the GMX token.

As far as hacks go, this incident further underscores the dangers and impact of persistent vulnerabilities within the decentralised finance space.

Prices have often dipped sharply amid such news.

GMX hacked for $40 million

On July 9, 2025, GMX announced that its V1 platform and GLP liquidity pool on the Arbitrum network were compromised, leading to the unauthorised transfer of around $40 million in tokens to an unknown wallet.

The GMX team detailed in a post by X that, following the incident, trading, minting, and redeeming of GLP on both Arbitrum and Avalanche were disabled to mitigate further risks.

SlowMist also highlighted the exploit, noting on X:

“The root cause of this attack stems from GMX v1’s design flaw where short position operations immediately update the global short average prices (globalShortAveragePrices), which directly impacts the calculation of Assets Under Management (AUM), thereby allowing manipulation of GLP token pricing.”

By leveraging the Keeper’s ability to enable timelock.enableLeverage, the attacker created massive short positions, artificially inflating GLP prices, and subsequently profited through redemption operations.

The highlighted code snippet from the post illustrates the critical section where global short profit/loss calculations were exploited, enabling the manipulation.

GMX’s response included a commitment to investigate the incident with the assistance of security partners, promising a detailed update.

“Out of an abundance of caution, GMX had already updated the caps for the GM tokens of GMX V2 on Arbitrum and Avalanche, so that minting new tokens is currently restricted in most liquidity pools. A follow-up notification will be sent out once this restriction is lifted,” the platform wrote.

GMX price dives 20% amid market reaction

The reaction of GMX holders to the hack was largely negative, with the price falling sharply to see the DEX protocol lag the overall crypto bounce.

According to data from CoinMarketCap, the GMX token experienced a double-digit decline.

It traded above $14.54 but dropped more than 20% to lows of $10.40.

GMX price chart by CoinMarketCap

The breach of GMX adds to the list of key crypto protocol exploits in 2025, with Cetus Protocol among those to suffer a malicious attack a few months ago.

Unless GMX successfully recovers the funds or implements robust security enhancements, the negative sentiment could impact its price.

Currently, the GMX token trades near $11.45, still under pressure after falling from highs above $14.54.

The post GMX price dives 20% after $40 million hack appeared first on CoinJournal.

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Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

  • Ethereum’s price rose 6% to above $2,800, driven by Bitcoin’s rally to $112,000 and optimism around ETH whale activity.
  • The gains came as over $500 million in leveraged positions, including $139 million in ETH, were liquidated.
  • Institutional interest and increased buying could drive Ethereum’s price higher.

Ethereum (ETH) rose a decent 6% in 24 hours to reach highs above $2,800, with the top altcoin buoyed by a broader market rally.

This is after Bitcoin (BTC) soared to a new all-time high above $112,000.

However, the sharp price movements triggered widespread liquidations, with over $500 million in leveraged positions wiped out across major exchanges.

Most of these were shorts, with cryptocurrencies rising alongside stocks on Wednesday.

Ethereum hits $2,800 as crypto sees market momentum

Ethereum’s climb to $2,821 in early trading on Thursday came as Bitcoin’s breakout above $112k lifted the broader digital assets space.

It’s this bullish sentiment that has ETH price up more than 6% and on the cusp of a breakout above $3,000.

According to data from CoinGecko, Ethereum’s trading volume spiked by 69% to over $29.8 billion, reflecting heightened market activity.

Apart from a broader market upswing, ETH is benefiting from regulatory developments and the anticipation of what is next for the top altcoin.

Whales and institutions are aggressively buying ETH, with Abraxas Capital withdrawing 29,741 ETH worth $81 million from crypto exchanges Binance and Kraken.

Lookonchain shows the transactions occurred within the last 12 hours.

Another wallet withdrew over 25k ETH tokens worth over $70 million from Kraken.

Notably, SharpLink Gaming, a company that holds over 205,634 ETH worth over $575 million, added to its haul with another 5,072 ETH worth over $13.5 million.

Over $500 million in liquidation signals market volatility

As Bitcoin and Ethereum rallied, the broader crypto market experienced over $500 million in liquidations, largely impacting leveraged traders who were caught off guard by the sharp price moves.

Data from Coinglass shows that total liquidations surged 285% in the past 24 hours, reaching over $538 million.

The bulk of the losses came from short positions, as traders betting against the market’s upward momentum faced significant losses.

Ethereum alone accounted for $156 million in liquidations, with $139 million of that tied to short positions, according to Coinglass.

Despite the liquidations, market sentiment remains cautiously optimistic, with institutional inflows into crypto exchange-traded funds (ETFs) and stablecoin reserves signaling sustained demand.

As Bitcoin continues to set new benchmarks, Ethereum’s role as a foundational blockchain for decentralized applications ensures its relevance in the evolving crypto landscape.

Currently, the Ethereum price has a key support zone near $2,500.

Meanwhile, a symmetrical triangle pattern suggests upward potential and is eyeing the $2,850 resistance.

If price breaks above $3k, it could target the $4k and all-time high levels.

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