Enter CrediBULL Crypto, a prominent analyst who, with a sardonic smile, warns traders not to chase the Bitcoin rally blindly. “The real treasure,” he proclaims, “lies not in the glittering halls of Bitcoin, but in the lesser-known corridors of altcoins.”
While everyone was busy celebrating Bitcoin (BTC) hitting a new all-time high above $118k, Omni Network (OMNI) was like, “Hold my 🍺, I’ve got a show to steal.” And steal it did!
The move raises new questions about the altcoin’s resilience and how the market might react to bankruptcy-driven sell pressure during a broad crypto rally. 🤔
Fueled by the rising tide of momentum and the insatiable appetite of institutional investors, Bitcoin has ascended like a phoenix over the past few days, soaring to a new all-time high of $118,000. One can almost hear the collective sigh of relief from the bulls, mingled with the groans of the shorts. 🤷♂️
The latest State of Crypto Q2 2025 report from 99Bitcoins, sponsored by the good folks at KCEX exchange, reveals that the quarter-to-date gains of most U.S. indices were a tad underwhelming, with only the S&P 500 IT index managing a respectable 18.4% rise 📈.
On July 11, our pals over at SharpLink Gaming, the iGaming giant hailing from Minneapolis (seriously, what else is in Minnesota?), announced they’d snagged 10,000 Ether (ETH) tokens from the Ethereum Foundation. This isn’t your average buy—oh no, this one ranks as one of the biggest peer-to-peer mainnet transfers between a protocol steward and a public company to date. Talk about a digital power move! 💪
Gold’s grand design commences as validators are invited to join the ranks of the so-called “ZK clients.” Instead of sifting through the cryptic mess known as transaction replaying, these enlightened beings will “statelessly verify” not one, not two, but three independent proofs—each emanating from different zkVM instances, which, by some miraculous coincidence, mirror the EVM. It’s like a hall of mirrors, but with fewer clowns and more cryptographic safety! Proof verification is meant to be swift, and the cryptographic artefacts compact enough that downloading several proofs per block is regarded as “very reasonable”—a true marvel of efficiency! 📈
Staking runs on this fancy concept called Proof of Stake (PoS), which is not to be confused with a restaurant’s policy on beef! 🍖 Here, some blockchains validate transactions and try to feel better about themselves by adding new blocks. Think of it as the blockchain’s way of joining the gym – they get ‘fit’ by proving how much crypto they have staked and how long they’ve been holding onto it! 🏋️♂️
On Friday, the European Securities and Markets Authority issued a warning to crypto companies, urging them not to use their regulated status under the EU’s MiCA framework as a marketing tool. Because, you know, that’s just not what it’s for 🙅♀️. Reuters initially reported the story.
For one seasoned crypto trader, the chart flicked on a lightbulb in his brain, bringing back memories of when Bitcoin was just a mere twinkle in the eye of speculative traders. DonAlt, a guy who has seen it all and then some, couldn’t help but reflect on a time when Bitcoin was still in the “maybe one day” price range, hanging out in the hundreds.