Aevo, a decentralized derivatives exchange built on a custom Ethereum layer 2, has introduced “Aevo Degen,” a new product offering up to 1000x leverage on tokenized stocks. The product, which went live on July 8, currently supports Coinbase (COIN), Robinhood…

Aevo unveils platform offering 1000x leverage on select stocks like MSTR and CRCL

The race to put Wall Street on-chain just hit a new gear. Kraken, Backed, and 
BNB Chain are teaming up to bring tokenized stocks to one of crypto’s most 
active ecosystems, pushing xStocks into the mainstream. On July 9, crypto…

Kraken extends xStocks to BNB Chain, betting on DeFi as Wall Street’s successor

The Tokyo-based firm is doubling down on its Bitcoin strategy, now setting its 
sights on growing its reserve to the thousands. According to a July 9 
disclosure, Remixpoint has secured 31.5 billion yen, worth approximately $215 
million, through its latest…

Japan’s Remixpoint steps up Bitcoin bet with $215 million raise

Ethereum has finally pushed above the critical $2,600 level after weeks of 
range-bound trading, marking a potential turning point in its price structure. 
This breakout comes as bullish momentum builds, with Ethereum now preparing 
for a possible expansion toward the $2,800 resistance level—a zone that has 
repeatedly rejected upward attempts since early May. The coming days will be 
decisive in shaping Ethereum’s short-term trajectory, especially if bulls 
manage to drive the price beyond this key barrier. Related Reading: ERC-20 
Stablecoin Supply Hits All-Time High At $121B – Liquidity On The Rise A 
breakout above $2,800 would not only signal renewed strength in Ethereum but 
could also catalyze a broader altcoin rally. Market sentiment is gradually 
shifting, with traders growing more optimistic amid easing macroeconomic 
pressures and signs of renewed risk appetite. Top analyst Ted Pillows recently 
shared an Ethereum chart showing a clear upward breakout from compression. 
This technical pattern typically precedes strong directional moves, and in 
this case, it favors the bulls. Pillows suggests that Ethereum is taking the 
lead while Bitcoin remains in consolidation, indicating that ETH may be 
setting the pace for the next phase of the crypto cycle. All eyes are now on 
the $2,800 level, which could unlock significant upside if breached. Ethereum 
Leads the Charge: Major Move Ahead Since early May, Ethereum has traded within 
a tight consolidation range between $2,400 and $2,700, unable to break out 
despite several attempts. This extended period of sideways action has built up 
pressure, and market participants widely expect the next move to be 
significant. Bulls have shown resilience, defending demand levels and keeping 
ETH above the $2,500 mark for several weeks. However, a clear breakout above 
critical resistance is still needed to confirm a broader bullish trend. 
Altcoins continue to struggle, with most still trading below key resistance 
levels. Many analysts agree that a sustained Ethereum breakout is the missing 
trigger for the long-awaited altseason. Market leadership from ETH has 
historically marked the start of major altcoin rallies, and the current setup 
could be no different. Top analyst Ted Pillows shared a 4-hour chart 
highlighting an upward breakout from a compression pattern just above $2,600. 
According to Pillow’s analysis, Ethereum is leading the market while Bitcoin 
remains in a holding pattern below all-time highs. This leadership role for 
ETH could signal a shift in capital toward altcoins, especially if Ethereum 
follows through and breaks the $2,800 resistance level. Related Reading: 
Ethereum Turns Key Resistance Into Support – Momentum Builds For Range 
Breakout ETH Price Analysis: Upward Momentum Builds Above $2,600 Ethereum 
(ETH) is showing renewed strength after breaking above the key $2,600 level. 
The 12-hour chart reveals a bullish structure forming, with ETH currently 
trading at $2,612.61. This move follows a sustained period of consolidation 
between $2,400 and $2,600, where buyers consistently defended lower levels. 
Now, Ethereum is printing higher lows and gradually reclaiming its moving 
averages. Price is now trading above the 50-period and 100-period simple 
moving averages (SMAs), currently positioned at $2,483.37 and $2,536.77, 
respectively. This alignment is bullish and suggests ETH is building momentum 
for a potential retest of the $2,700–$2,800 resistance zone. A successful 
break above this area would confirm the breakout from compression and open the 
door for a more significant rally. Related Reading: Ethereum Range Tightens – 
Liquidity Looms At $2,800 And $2,350 Volume remains moderate, but recent green 
candles show growing buyer interest as ETH pushes upward. The 200-period SMA 
sits lower at $2,221.56, reflecting Ethereum’s longer-term bullish trend and 
acting as a strong base of support. Featured image from Dall-E, chart from 
TradingView

Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves

The airline is teaming up with the crypto exchange to introduce crypto 
payments in travel, aiming to meet growing customer demand for digital asset 
options. According to a July 9 announcement, Emirates has signed a Memorandum 
of Understanding (MoU) with…

Crypto.com strikes travel payments deal with Emirates airline

The Blockchain Group is set to broaden its global reach with a US OTCID 
secondary listing alongside companies like Air France KLM and Nestlé. The 
Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext 
Growth Paris, is in the…