The post Ethereum (ETH) Struggles to Sustain July Rally Amid Weak Momentum and Surging Exchange Inventory appeared on BitcoinEthereumNews.com.
Key Highlights Ethereum has rallied approximately 10% throughout July, yet underlying demand signals remain subdued Binance holdings expanded by 221,000 ETH from late June onward, adding to tradable inventory Large holder transaction volumes have fallen to “Whale Left” territory according to CryptoQuant metrics Spot Ethereum ETFs in the United States recorded consecutive inflows over four sessions, accumulating $91.5 million A decisive move above $1,803 resistance (the 50-day EMA) is necessary for ETH to target $2,400 Ethereum has managed to climb roughly 10% since July began, yet the upward momentum appears increasingly precarious. Evidence from various market indicators suggests buyer participation exists but lacks conviction. Ethereum (ETH) Price The Net Unrealized Profit/Loss (NUPL) indicator has improved from -0.46 to -0.30, signaling that
The post Ethereum Indecision Deepens: Some Holders Panic Sell, While Others Buy the Dip appeared on BitcoinEthereumNews.com.
Ethereum (ETH) traders have splintered into two camps as the price slide deepens. Roughly 100,000 addresses deposited to Binance during a panic move, while withdrawals climbed at the same time. The divided response now stretches beyond on-chain flows. On Polymarket, bettors price both a recovery and a deeper decline as likely outcomes, showing how sharply the market disagrees on Ethereum’s next move. Binance Deposits Spike as ETH Tests Panic Lows Ethereum trades near $1,730, down about 1.57% over the past day yet up roughly 7% across the week, according to BeInCrypto Markets. Follow us on X to get the latest news as it happens Ethereum (ETH) Price Performance. Source: BeInCrypto Markets The latest drop coincided with escalating US-Iran tensions. The conflict has been a key factor impacting risk assets since March. Analyst Darkfost flagged that the crypto market
Hyperliquid's no-KYC model raises regulatory risks, potentially impacting its future operations and investor confidence in decentralized finance.
The post CZ discusses Hyperliquid’s no-KYC model, reflects on Binance’s past appeared first on Crypto Briefing.
The post AscendEX Shuts Down as User Balance Payouts Remain Uncertain appeared on BitcoinEthereumNews.com.
AscendEX shut down after MiCA pressure, weak liquidity, and failed funding left operations unsustainable. Users face delayed manual withdrawals, with the exchange unable to guarantee full balance recovery. ZachXBT had flagged nearly empty hot wallets before the shutdown, including ETH, USDT, USDC, and SOL. The closure revives custody concerns after AscendEX’s 2021 breach, which caused about $78M in losses. AscendEX has shut down after regulatory, financial, and operational pressures pushed the crypto exchange into a controlled offboarding process. The platform ceased operations on July 1, then published a notice on July 6 explaining the decision. JUST IN: ASCENDEX SHUTS DOWN AND USERS MAY NOT GET FULL BALANCES BACK Crypto exchange AscendEX has ceased operations on July 1, citing MiCA, regulatory, financial and operational pressure. The company’s statement indicated that current li
The post Binance Seeks New Crypto Licenses After MiCA Shift appeared on BitcoinEthereumNews.com.
Binance is in talks with regulators that have invited the exchange to apply for crypto licenses following its withdrawal from the Markets in Crypto-Assets Regulation (MiCA) application in Greece, according to co-CEO Richard Teng. Teng said at the Reuters NEXT Asia conference in Singapore on Thursday that the discussions are still “premature” and declined to identify the jurisdictions. MiCA created a single licensing framework for crypto firms across the European Union. After the bloc’s transition period expired on July 1, the European Securities and Markets Authority said crypto firms must serve EU clients through a MiCA-authorized entity, with limited exceptions for unsolicited cross-border business. Binance withdrew its application for a MiCA license in Greece on June 24, after reports surfaced that Greek regulators were planning to reject the exchange’s licensing bid. “It caught us by s
The post Bitcoin ETFs Extend Inflows As Ethereum ETFs Outpace BTC appeared on BitcoinEthereumNews.com.
Key Insights Bitcoin ETFs logged a third straight inflow day. Ethereum ETFs drew stronger demand than BTC funds. BlackRock buying offset selling from rival issuers. Bitcoin ETFs recorded fresh U.S. inflows on July 7, as institutional demand returned across spot crypto funds. SoSoValue data showed capital entered Bitcoin and Ethereum products, even as BTC traded weaker near $62,099. The move mattered because Bitcoin ETFs had recently faced pressure from risk reduction. Ethereum ETFs gained stronger daily demand, which showed investors did not treat all crypto exposure equally. Bitcoin ETFs Extend Streak As BlackRock Buys SoSoValue data showed spot Bitcoin ETFs posted $21.435 million in net inflows. The reading marked three consecutive sessions of positive flows after a difficult stretch for issuers. Source: SoSoValue Crypto Patel’s flow table showed U.S. funds bought about 337 BTC duri
Binance's shrinking USDC reserves may signal shifting trader preferences and regulatory impacts, affecting market liquidity and stability.
The post Binance USDC holdings drop 22% to $4.6B as $1B in stablecoin liquidity exits appeared first on Crypto Briefing.
The post Crypto User Loses $999,999 in USDT to One Phishing Signature: How to Stay Safe appeared on BitcoinEthereumNews.com.
An unidentified crypto user lost $999,999 in USDT to an Ethereum phishing attack after signing a fraudulent token approval request. On-chain records show the attackers split the stolen funds into three transactions. The transfers landed inside Ethereum blocks 25489460 and 25489463 within minutes of the signature. Token approval phishing remains one of the most persistent threats in decentralized finance. Attackers do not need a victim’s private keys to steal funds. Instead, they trick users into signing a request that grants a contract broad access to a token. The approval then stays active until someone revokes it. Inside the Ethereum Phishing Attack This pattern has hit crypto users repeatedly through 2026. The victim’s wallet held an unlimited allowance for the token, which gave the attacker room to act without any further confirmation. In May, a fake Uniswap
The post MemeCore (M) Plunges Hard Again, Bitcoin (BTC) Eyes $63K: Market Watch appeared on BitcoinEthereumNews.com.
In contrast, ARB and SKY are today’s top performers, gaining around 9% each. Bitcoin’s relatively minor volatility sessions continued in the past 24 hours as the asset dipped below $62,000 again before it rebounded by over a grand, only to be halted again. Most larger-cap alts have remained sluggish on a daily scale, with ETH fighting for $1,750, while XRP is battling the $1.10 level. BTC Challenges $63K Following the painful start of the month when BTC slipped below $58,000 for the first time in almost two years, the cryptocurrency tried to stage a notable recovery that drove it to over $60,000 instantly and to $63,000 during the weekend. The bulls kept pressing the gas pedal, and bitcoin jumped to $64,000 at the start of the business week. However, Strategy’s bigger sale led to an immediate leg down to $61,200, where BTC found some support and rebounded sharply. In t
