Roman Storm is scheduled to appear in a New York courtroom for his criminal trial on July 14, facing money laundering and conspiracy charges.

Tornado Cash co-founder keeps testimony plans unclear ahead of trial

Ripple USD gains major momentum as Amina Bank becomes the first global bank to 
support RLUSD, signaling a breakthrough moment for regulated digital asset 
adoption worldwide. Amina Debuts First Bank Support for Ripple’s RLUSD A 
regulated gateway to stablecoin exposure is rapidly evolving as institutions 
seek compliant digital assets to bridge traditional finance and crypto […]

Ripple USD Finds First Banking Partner as Swiss Bank Amina Offers RLUSD Access

Bitcoin price started a fresh increase above the $107,500 zone. BTC is now 
consolidating and might struggle to continue higher above the $110,000 
resistance. Bitcoin started a fresh increase above the $108,500 zone. The 
price is trading above $108,000 and the 100 hourly Simple moving average. 
There is a short-term rising channel forming with support at $109,500 on the 
hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start 
a fresh increase if it stays above the $107,850 zone. Bitcoin Price 
Consolidates Gains Bitcoin price started a fresh increase after it settled 
above the $105,500 resistance. BTC cleared many hurdles near $107,000 to start 
a decent increase. The bulls pushed the price in a positive zone above the 
$108,000 level. The price even spiked above the $110,000 level before the 
bears appeared. A high was formed near $110,578 and the price is now 
consolidating gains near the 23.6% Fib retracement level of the upward move 
from the $105,116 swing low to the $110,578 high. Bitcoin is now trading above 
$108,000 and the 100 hourly Simple moving average. Besides, there is a short- 
term rising channel forming with support at $109,500 on the hourly chart of 
the BTC/USD pair. On the upside, immediate resistance is near the $110,000 
level. The first key resistance is near the $110,500 level. A close above the 
$110,500 resistance might send the price further higher. In the stated case, 
the price could rise and test the $112,000 resistance level. Any more gains 
might send the price toward the $113,200 level. Downside Correction In BTC? If 
Bitcoin fails to rise above the $110,000 resistance zone, it could start 
another decline. Immediate support is near the $109,500 level and the 
channel’s trend line. The first major support is near the $108,800 level. The 
next support is now near the $107,850 zone and the 50% Fib retracement level 
of the upward move from the $105,116 swing low to the $110,578 high. Any more 
losses might send the price toward the $106,400 support in the near term. The 
main support sits at $105,000, below which BTC might continue to move down. 
Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish 
zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above 
the 50 level. Major Support Levels – $108,800, followed by $107,850. Major 
Resistance Levels – $110,000 and $110,500.

Bitcoin Price Coiling Up — Is a Surge Past $110K on Deck?

Ethereum (ETH) is up more than 8% over the past 48 hours, climbing from around 
$2,400 on July 1 to nearly $2,600 at the time of writing. The latest on-chain 
analysis reveals that both accumulation addresses and liquid staking volume 
are approaching all-time highs (ATH), fueling optimism that ETH’s price may 
soon follow. Ethereum Liquid Staking, Accumulation Addresses Nearing Historic 
Highs According to a recent CryptoQuant Quicktake post by contributor 
Carmelo_Aleman, Ethereum’s liquid staking activity has seen a notable increase 
since June 1. The total amount of ETH staked rose from 34.54 million to 35.52 
million by June 30 &#8211; an increase of nearly one million ETH in just one month. 
Related Reading: Ethereum Eyes Key Resistance As Price Reclaims $2,550 – Here 
Are The Levels To Watch As of July 1, ETH set a new record in liquid staking, 
reaching 35.56 million ETH. A closer look suggests that most accumulation 
addresses are linked to institutional investors, exchange-traded funds (ETFs), 
and other large holders. Many of these investors choose to earn yield through 
liquid staking while waiting for substantial price appreciation. Among the 
biggest beneficiaries of this trend are decentralized finance (DeFi) protocols 
like Lido and Binance Liquid Staking, known for their scale and investor- 
friendly features. In addition to the rise in liquid staking, ETH accumulation 
addresses are also nearing record highs. As shown in the following ETH Cohort 
Study chart, these addresses grew 35.97% &#8211; from 16.72 million on June 1 to 
22.74 million by June 30. For the uninitiated, Ethereum accumulation addresses 
are wallets that acquire and hold ETH without significant outgoing 
transactions, often excluding known exchange, miner, or smart contract 
addresses. These addresses typically signal long-term investor confidence, as 
they represent entities accumulating ETH without actively selling. Also worth 
highlighting is that the Realized Price of these accumulation addresses &#8211; 
their average acquisition cost &#8211; stood at $2,114 on July 1. As ETH trades at 
$2,593 at the time of writing, these accumulation addresses are sitting on a 
healthy profit of approximately 22.65%. ETH Primed For A Breakout? Technical 
analysis suggests that ETH could be poised for a breakout in the near term. In 
a recent post, crypto analyst Titan of Crypto pointed out that ETH appears 
ready to break out of a broadening wedge pattern on the weekly chart, with a 
potential upside target of $4,200. Related Reading: Ethereum In Demand: ETF 
Inflow Streak Extends To 7 Weeks Institutional interest in Ethereum also 
appears to be strengthening. Notably, ETH may have found its own 
“MicroStrategy moment,” with Tom Lee and Joe Lubin revealing plans to 
accumulate significant ETH positions. That said, ETH must maintain support 
above the $2,200 level. A breakdown below this threshold could open the door 
for a drop to as low as $1,160. At press time, ETH is trading at $2,593, up 
1.7% in the past 24 hours. Featured image from Unsplash, charts from 
CryptoQuant and TradingView.com

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

A sweeping crypto tax overhaul promises to unlock everyday digital asset use 
by slashing compliance burdens, exempting small transactions, and aligning 
crypto with traditional finance rules. De Minimis Rule Aims to Eliminate Tax 
Headaches for Small Crypto Payments Tax policy momentum is building as 
lawmakers aim to dismantle outdated financial frameworks that hinder digital 
innovation […]

US Senator Pushes Crypto Tax Bill With $300 De Minimis Threshold

Litecoin (LTC) is back in the spotlight as bullish momentum sweeps across the 
crypto market. After months of volatility and sideways action, Litecoin is 
showing signs of strength, pushing above key technical levels and attracting 
fresh investor interest. The broader market recovery, fueled by optimism in 
Bitcoin and Ethereum, has created favorable conditions for altcoins to regain 
traction, and Litecoin could be one of the biggest beneficiaries. Related 
Reading: Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 
Top analyst Carl Runefelt recently shared a technical analysis highlighting a 
major development: Litecoin has broken above a key level on the daily chart. 
This breakout is a critical technical signal, suggesting a potential trend 
reversal after weeks of consolidation and indecision. While resistance remains 
overhead, analysts believe that a confirmed reclaim of this level as support 
could trigger an expansive phase for LTC, opening the door to strong upside 
moves. As institutional interest in crypto grows and macroeconomic conditions 
stabilize, assets like Litecoin—known for speed, low fees, and high 
liquidity—may attract attention from traders and investors seeking asymmetric 
returns. With momentum on its side and market sentiment shifting, the coming 
days will be crucial to determine whether Litecoin can turn this breakout into 
a full-scale rally. Litecoin Bullish Momentum And ETF Hopes Fuel Rally 
Litecoin (LTC) is gaining bullish traction as price action strengthens and 
investor sentiment improves across the crypto market. Currently trading above 
$90, Litecoin has broken out of its downward trend, signaling renewed buying 
interest and technical strength. This move is particularly significant, given 
months of sideways consolidation and the broader market’s gradual recovery. 
According to Carl Runefelt, Litecoin has decisively broken above its 
descending resistance on the daily chart—a bullish technical setup that could 
pave the way for further gains. Runefelt believes the next target is $97.10, a 
level that, if reached and held, could mark the start of a new upward leg for 
LTC. The recent breakout has reignited interest in Litecoin’s medium-term 
prospects, especially as traders look for altcoins with momentum and untapped 
upside. Adding to the optimism is speculation surrounding a potential Litecoin 
spot Exchange-Traded Fund (ETF). According to Bloomberg, the probability of 
approval for a Litecoin spot ETF by October 2 (local time) has risen to an 
impressive 95%. Such a product would offer institutional investors a new and 
regulated vehicle to gain exposure to LTC, potentially unlocking significant 
inflows. With favorable technicals and strong fundamentals aligning, Litecoin 
appears poised for a breakout. The coming days will be critical as bulls aim 
to confirm support above $90 and push toward the $97.10 resistance. If ETF 
approval expectations continue to build alongside broader market momentum, 
Litecoin could emerge as one of the top-performing altcoins of the current 
cycle. Related Reading: Bitcoin Bounces Off Key Demand Level – Price Discovery 
On The Menu? LTC Price Action: Key Levels To Reclaim Litecoin (LTC) is showing 
strong bullish momentum after breaking above a key descending resistance level 
on the daily chart. As seen in the chart, LTC surged over 4% in the last 
session, closing at $91.23. This breakout follows weeks of tight consolidation 
near the $85 zone and signals growing interest as market sentiment improves 
across the board. Price has now moved decisively above the 50-day and 100-day 
moving averages, which have acted as resistance in recent weeks. The next 
challenge lies at the 200-day moving average, currently near $98.50, which 
aligns closely with the analyst-projected target of $97.10. Reclaiming that 
level would confirm a full trend reversal and open the door to testing the 
$100 psychological level. Related Reading: Tron Shows Adoption Strength As 
Volume Still Led By Big Transfers – Details Volume has also picked up, 
supporting the breakout and suggesting that buyers are stepping in. If bulls 
maintain momentum and consolidate above $90, Litecoin could confirm a shift in 
market structure and set the stage for a broader rally. On the downside, any 
rejection at the 200-day MA could trigger a retest of the $87–$89 support 
area. Featured image from Dall-E, chart from TradingView