XRP’s 'very positive sign’ — Whales soar to new highs as price jumps 10%

XRP's price shot up to nearly $3 on July 11—its highest point since early March—thanks to a mix of hype around a new leveraged ETF (which is close to hitting $250 million in assets) and a fresh wave of investor confidence.

Editor’s Note: This isn't just another crypto price bump—it signals growing institutional interest in XRP, which has been a polarizing asset due to Ripple's legal battles. If the ETF keeps gaining traction, it could mean more stability (or at least attention) for XRP, even in a shaky crypto market. For traders, that’s a big deal.

BlockFi’s bankruptcy saga takes a small step toward resolution as its administrator and the U.S. Department of Justice (DOJ) agreed to drop a $35 million lawsuit over disputed crypto transfers. This doesn’t fix everything, but it clears one legal hurdle in the messy collapse of the crypto lender.

Editor’s Note: For anyone caught up in BlockFi’s bankruptcy—creditors, customers, or just crypto watchers—this is a sign that some loose ends are getting tied up. It’s not a victory lap (plenty of problems remain), but it does mean one less legal battle dragging things out. In the chaotic world of crypto bankruptcies, even small progress matters.

Crypto traders are buzzing with optimism as Bitcoin shows signs of a major market shift, with some predicting it could surge to $130,000. The recent price action of major cryptocurrencies suggests a structural change in the market, hinting at potential big moves ahead.

Editor’s Note: If you're into crypto, this is a big deal—Bitcoin and other major coins might be gearing up for a significant rally. Whether you're an investor or just keeping an eye on the market, this shift could signal new opportunities (or risks) in the volatile world of digital assets. It’s worth watching closely.

SharpLink Gaming, a company listed on Nasdaq, just scooped up 10,000 Ethereum (ETH) directly from the Ethereum Foundation in a private deal worth around $25.7 million. That brings their total ETH stash to over 215,000 tokens—worth a pretty penny at today’s prices. The move raises eyebrows: why is a gaming company doubling down on crypto, and what’s their endgame?

Editor’s Note: Big companies buying crypto isn’t new, but a gaming firm snapping up ETH straight from the Ethereum Foundation is intriguing. It could signal deeper plans—maybe SharpLink’s betting on blockchain gaming or just hedging against traditional markets. Either way, it’s a reminder that institutional players are still quietly stacking crypto, even when headlines focus on retail traders.

Dogecoin (DOGE) shot up 9% in a sudden rally but quickly lost steam when it hit a stubborn resistance level at $0.213. The sharp pullback shows traders are still cautious, even with the meme coin's occasional bursts of momentum.

Editor’s Note: DOGE's wild swings are a reminder that meme coins can still pack volatility—even if they're not in the headlines like they were in 2021. The failed breakout suggests investors aren't fully convinced yet, so keep an eye on whether it can finally push past that key price barrier.