Schlagwort: crypto market news

• According to data from companiesmarketcap.com, Bitcoin’s current market capitalisation stands at $2.407 trillion.
• Bitcoin reached a new all-time high of $123,091.61 on Monday, as per CoinMarketCap data.
• Just last week, the BTC ETFs saw two days with over $1 billion in inflows.

Bitcoin surged past the $120,000 mark for the first time earlier on Monday, driven by sustained institutional demand, strong exchange-traded fund (ETF) inflows, and renewed optimism surrounding upcoming US crypto legislation.

The world’s largest cryptocurrency was last seen at $122,559, up 3.23% at the time of writing.

Earlier, it reached a new all-time high of $123,091.61, as per CoinMarketCap data.

Over the past five days, Bitcoin has gained approximately 12%, extending its rally to a 103% increase compared to the same time last year.

According to data from companiesmarketcap.com, Bitcoin’s current market capitalisation stands at $2.407 trillion, making it the fifth-largest asset globally, ahead of Amazon, Silver, and Google.

Only Gold, NVIDIA, Microsoft, and Apple command higher market values.

ETF flows signal institutional conviction

Spot Bitcoin ETFs in the United States have pulled in $16.2 billion in cumulative inflows since April, according to data from SoSoValue.

The rise in ETF demand comes amid a broader shift among asset managers and hedge funds seeking exposure to Bitcoin as part of a diversified macro allocation.

Just last week, the BTC ETFs saw two days with over $1 billion in inflows.

On Thursday, US spot BTC ETFs registered $1.18 billion inflows, which were followed by a $1.02 billion inflow on Friday.

Crypto Week in Washington fuels optimism

This week marks the beginning of the  “Crypto Week” in Washington, D.C., where lawmakers are expected to debate and possibly advance two key pieces of legislation: the CLARITY Act and the GENIUS Act.

The CLARITY Act aims to establish a formal regulatory framework for cryptocurrencies, clarifying jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—a longstanding demand of the crypto sector.

The GENIUS Act, meanwhile, proposes a legal foundation for US dollar-pegged stablecoins, potentially paving the way for a clearer regulatory pathway for firms issuing or working with such digital assets.

Public companies continue BTC Accumulation

Market confidence is also reflected in corporate treasury activity.

According to available public disclosures, more than 125 publicly listed firms now collectively hold 847,000 BTC, which accounts for approximately 4.03% of Bitcoin’s capped 21 million supply.

Among these firms are high-profile names such as Strategy, Tesla, and several Bitcoin mining companies that retain coins on their balance sheets.

Analysts suggest these holdings add a layer of long-term price support, as most corporate buyers are unlikely to sell into short-term rallies.

Is above $130,000 next for BTC?

In a note last week, 10X Research said the latest breakout was driven by a clear shift in market structure toward a bullish trend.

While the firm had earlier anticipated a broader summer consolidation, its outlook turned more optimistic in recent weeks due to limited upside positioning, creating conditions for a sharp move higher.

The firm noted that a fresh trading signal was triggered when Bitcoin posted a new short-term high, indicating the rally may continue.

Historically, similar signals have delivered a median gain of 20%, with six out of ten instances resulting in positive returns.

If the pattern holds, 10X Research said Bitcoin could climb to $133,000 by September.

The post Bitcoin hits another all-time high at $123,000, beats Amazon to become the 5th largest asset by market cap appeared first on CoinJournal.

• Ondo Finance (ONDO) price has surged 10%, eying a breakout above $0.93
• LayerZero has joined Ondo’s Global Markets Alliance.
• Rising volume and TVL signal strong bullish momentum.

Ondo Finance (ONDO) is gaining strong upward momentum as bullish sentiment sweeps through the market, pushing the token up by more than 10% in the past 24 hours.

The price surge comes amid rising interest in real-world asset (RWA) tokenisation and growing investor confidence in Ondo’s broader strategic initiatives.

The ONDO token is currently trading at $0.929, recovering from a low of $0.8401 within the last 24 hours, and now hovering near the critical $0.93 breakout zone.

With bullish pressure building and higher lows consistently forming on the chart, traders are closely watching for a decisive move above resistance that could clear the path toward the psychologically significant $1 level.

ONDO has reclaimed key levels as bulls tighten grip

After briefly dipping below the $0.85 level earlier this week, Ondo Finance (ONDO) has bounced back with conviction, reclaiming and holding above the $0.90 mark.

This rebound is seen as a clear signal of strength, especially as the price consolidates near the upper end of its recent trading range.

The current rally has seen ONDO surge from a weekly low of $0.7668 to test $0.9279, marking a robust 19.4% gain over the past seven days.

Although the token remains about 56% below its all-time high of $2.14, reached in December 2024, the present momentum is driving renewed optimism among traders eyeing short-term breakout targets.

Market analysts suggest that if ONDO clears the $0.93 resistance with strong volume, the next likely targets are between $0.9350 and $0.9500.

While the price faces minor hurdles along the way, the formation of higher lows coupled with rising volume indicates that bulls remain firmly in control.

Strong fundamentals fuel investor optimism

While price action continues to attract traders, ONDO’s fundamentals are playing an equally vital role in reinforcing confidence.

The token currently holds a market cap of approximately $2.93 billion, with a fully diluted valuation of over $9.28 billion, highlighting its growing significance in the broader DeFi ecosystem.

Recent updates from Ondo Finance also point to strategic moves designed to strengthen its global position.

Notably, the project announced that LayerZero, a leading interoperability protocol supporting more than 130 blockchains, has joined its Global Markets Alliance.

This partnership enhances Ondo’s goal of bringing traditional financial markets on-chain and enabling cross-chain asset issuance at scale.

According to the team, seamless connectivity across blockchains is no longer optional—it’s essential in modern global finance.

Rising Ondo Finance TVL signals show growing interest

Apart from price action and partnerships, other metrics further reflect ONDO’s rising profile. The platform now boasts over $1.39 billion in total value locked (TVL), which reinforces the depth of capital flowing into its ecosystem.

Additionally, with a 24-hour trading volume of nearly $292 million, ONDO is seeing increased liquidity and engagement from both retail and institutional participants.

This level of market activity often serves as a precursor to strong price breakouts, particularly when combined with bullish chart setups and fundamental strength.

Bulls are targeting the $1 milestone as the next major test

As Ondo Finance (ONDO) hovers near the $0.93 resistance zone, the stage is set for a potential breakout that could carry the token to new local highs.

A clean move above this level, backed by volume and sustained buying, could put the $1 psychological target well within reach.

However, traders will be closely watching whether the $0.8900 support level can hold if momentum stalls.

Should the token maintain its current structure, a continued push higher appears likely in the coming sessions.

With strong fundamentals, growing alliances, and increasing market interest, ONDO remains one of the standout tokens to watch in the RWA and DeFi space this week.

The post Ondo Finance (ONDO) price up 10% as bulls target $1 appeared first on CoinJournal.

• At the time of writing, the total amount returned to GMX stood at approximately $20 million.
• GMX acknowledged the technical sophistication of the exploit and issued a $5 million bounty for the return of funds.
• The attacker reportedly manipulated the price of GLP tokens, draining a variety of crypto assets from the platform.

The attacker who exploited a vulnerability in the GMX v1 decentralised exchange and stole approximately $40 million in crypto has begun returning the stolen assets after accepting a bounty offered by the GMX team.

According to blockchain security firm PeckShield, the hacker sent an on-chain message acknowledging the bounty and indicating willingness to cooperate.

“Ok, funds will be returned later,” the exploiter wrote in a blockchain transaction, referencing the terms outlined by GMX for a partial return of the stolen funds.

The hacker starts transferring funds back

Less than an hour after the message was broadcast, the attacker began transferring funds back to the address specified by GMX.

PeckShield reported that about $9 million in Ether (ETH) was sent to the team.

The Ethereum address used in the transaction has been labelled GMX Exploiter 2 on blockchain tracking platforms.

PeckShield also flagged two separate transfers of FRAX stablecoins, with the attacker returning $5.5 million in one transaction and an additional $5 million later.

At the time of writing, the total amount returned to GMX stood at approximately $20 million, representing half of the stolen assets.

The original exploit, which occurred on Wednesday, targeted a liquidity pool on GMX v1, a perpetual trading protocol deployed on the Arbitrum Layer 2 network.

The attacker reportedly manipulated the price of GLP tokens, draining a variety of crypto assets from the platform by exploiting a design flaw in the protocol.

GMX offered $5 million white hat bounty

In response to the breach, GMX acknowledged the technical sophistication of the exploit and issued a $5 million bounty for the return of funds.

In a post on X (formerly Twitter), the GMX team addressed the hacker directly, offering the bounty under a “white hat” classification, which would allow the attacker to spend the funds legally if the bulk of the assets were returned.

“You’ve successfully executed the exploit; your abilities in doing so are evident to anyone looking into the exploit transactions,” GMX wrote. “The white hat bug bounty of $5 million continues to be available.”

The team emphasized that the bounty was intended to eliminate legal and practical risks associated with using stolen crypto.

GMX also offered to provide proof of the source of funds if needed, enabling the exploiter to pass compliance checks or audits.

In addition to the public bounty, the GMX team issued an on-chain ultimatum, stating that legal action would be pursued within 48 hours if the funds were not returned.

The post Hacker starts returning $40M in stolen funds from GMX exploit appeared first on CoinJournal.

• US spot Bitcoin ETFs attracted $1.18 billion in net inflows.
• Ether spot ETFs also posted their second-highest daily inflow, drawing $383.1 million.
• Cumulatively, over the six trading sessions starting July 2, total net inflows across all BTC ETF issuers stood at $2.69 billion.

Bitcoin and Ether-themed exchange-traded funds saw a surge in investor interest on Thursday, recording their second-largest daily inflows since inception, as both cryptocurrencies rallied to new highs.

US spot Bitcoin ETFs attracted $1.18 billion in net inflows.

The spike in inflows came as Bitcoin surpassed $113,800, continuing its upward trajectory into Friday.

The only day to register higher inflows was November 7, 2024 — the day Donald Trump won the US presidential election — when Bitcoin ETFs saw $1.37 billion in inflows.

Ether spot ETFs also posted their second-highest daily inflow, drawing $383.1 million.

BlackRock’s iShares Ethereum Trust (ETHA) accounted for the bulk of that total with $300.9 million, its highest single-day inflow to date.

BTC ETF inflows see sixth consecutive day of inflows

Bitcoin spot ETFs recorded massive inflows on July 10, with net additions hitting $1.18 billion—the strongest single-day showing in over a month.

Date	IBIT	FBTC	BITB	ARKB	BTCO	EZBC	BRRR	HODL	BTCW	GBTC	BTC	Total
02 Jul 2025	0.0	184.0	64.9	83.0	9.9	9.5	0.0	5.4	0.0	34.6	16.5	407.8
03 Jul 2025	224.5	237.1	15.5	114.2	0.0	0.0	0.0	4.7	0.0	0.0	5.8	601.8
07 Jul 2025	164.6	66.0	0.0	(10.1)	0.0	0.0	0.0	0.0	0.0	(10.2)	6.2	216.5
08 Jul 2025	66.8	4.8	0.0	0.0	0.0	0.0	0.0	3.7	0.0	0.0	4.8	80.1
09 Jul 2025	125.6	4.8	3.0	57.0	9.5	0.0	0.0	0.0	0.0	15.8	0.0	215.7
10 Jul 2025	448.5	324.3	77.2	268.7	0.0	0.0	0.0	15.2	0.0	(40.2)	81.9	1,175.6

BlackRock’s IBIT led with $448.5 million, followed by Fidelity’s FBTC at $324.3 million and Ark’s ARKB at $268.7 million.

Bitwise and VanEck also contributed, while Grayscale’s GBTC continued to see outflows, shedding $40.2 million.

Cumulatively, over the six trading sessions starting July 2, total net inflows across all issuers stood at $2.69 billion.

The sustained buying reflects renewed institutional demand for Bitcoin exposure through regulated ETF products, amid improving sentiment in the broader crypto market.

Ether ETFs continue to attract interest

Ethereum ETFs saw a sharp uptick in inflows over the past week, culminating in a record $383.1 million on July 10—the highest daily total this month.

Date	ETHA	FETH	ETHW	CETH	ETHV	QETH	EZET	ETHE	ETH	Total
03 Jul 2025	85.4	64.6	0.0	0.0	0.0	0.0	0.0	(5.4)	3.9	148.5
07 Jul 2025	53.2	8.9	0.0	0.0	0.0	0.0	0.0	0.0	0.0	62.1
08 Jul 2025	25.3	(0.7)	4.9	0.0	0.0	0.0	0.0	7.9	9.3	46.7
09 Jul 2025	158.6	29.5	0.0	0.0	0.0	5.2	0.0	18.0	0.0	211.3
10 Jul 2025	300.9	37.3	3.2	0.0	2.1	0.0	0.0	18.9	20.7	383.1

BlackRock’s ETHA led with \$300.9 million, while Fidelity and Grayscale added $37.3 million and $18.9 million, respectively.

Cumulative inflows from July 3 to July 10 amounted to $851.7 million, reflecting a clear return of investor interest.

Notably, July 9 and 10 together contributed nearly 70% of this total.

The sustained buying aligns with Ethereum’s price crossing $3,000, supported by broader crypto momentum and renewed institutional demand via ETF products.

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• Omni Network’s price soared 190% from $1.43 to $5.50.
• The token’s trading volume spiked 5,200% to $749 million, driven by Bitcoin’s breakout to a new all-time high above $118,000.
• Analysts say the altcoin season is looming, which could see the OMNI price eye $10 next.

Omni Network surged a staggering 190% in a single day as the cryptocurrency market experienced a seismic shift, with Bitcoin smashing through $118,000 for another record high.

Bitcoin’s gains saw the global crypto market capitalisation climb 6.2% to over $3.68 trillion.

Meanwhile, an explosive rally across crypto saw $1.2 billion in liquidations.

As OMNI eyes gain, there’s speculation of an impending altcoin season, and price may add on the surge to $5.40 seen earlier in the day.

OMNI explodes, price nearly doubles

Omni Network is a layer-1 blockchain focused on interoperability and has captured market attention with a staggering 190% price surge in the past 24 hours.

The token skyrocketed from a low of $1.43 to an intraday high of $5.40, reflecting intense buying pressure.

Notably, the altcoin’s trading volume exploded by 5,200%, reaching over $749 million.

This came as investors piled into the token amid the broader market rally.

Omni Network’s growing relevance in the decentralized finance ecosystem helped bulls.

Altcoin season?

The broader crypto market continued its rally alongside Bitcoin, with total market capitalisation climbing to $3.68 trillion—a 6.2% increase over the past 24 hours.

Altcoins posted strong gains, led by Sei and Ethena, each up 20%, and Cardano, which rose 11%.

The moves suggest a rotation of capital within the ecosystem, fueling speculation that a broader altcoin season may be underway.

Arthur Hayes, former CEO of BitMEX, said the market appears to be on the verge of an altcoin cycle.

He cited Bitcoin’s rise on strong volume and referenced geopolitical developments, including Trump’s stance on tariffs, as contributing factors.

The bullish momentum is being supported by continued institutional inflows, reduced supply as investors move Bitcoin off exchanges, and growing interest in altcoins.

As Bitcoin approaches the $120,000 mark, other major tokens like Ethereum, XRP, and Solana are also showing signs of accelerating upward.

Projects such as Omni Network could also benefit from renewed altcoin interest as sentiment across the sector improves.

Omni Network price prediction

While the token remains well off its all-time high of $29.93, it’s up more than 230% since touching its all-time low of $1.37 reached on July 6, 2025.

From a technical point of view, the RSI on the daily chart sits at 84, suggesting the OMNI token is deeply overbought.

In this case, there’s potential for profit-taking, a risk that has cut across the market given recent gains.

However, the MACD suggests bulls still have room for growth with the histogram rising.

If buying pressure holds in the coming months, the OMNI price could target $10 next.

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