Bitcoin just entered a new era of legitimacy as Elon Musk signals BTC endorsement through his political platform, reinforcing U.S. policy shifts and igniting institutional adoption worldwide. Elon Musk’s Bitcoin Endorsement Marks Political Milestone, Says Expert Elon Musk’s bitcoin endorsement signals a pivotal turn as political forces elevate the asset from speculative trade to a […]

Elon Musk Fuels Bitcoin’s Political Rise, Expert Sees Institutional Acceleration

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, 
July 10, 2025—Bitget, the world’s leading crypto exchange and Web3 company, 
has officially opened registration for KCGI 2025, the most anticipated trading 
competition of the year, featuring a massive 6 million USDT prize pool, brand- 
new segments, and early-bird rewards that make joining early a […]

Bitget Annual Trading Competition KCGI Launches With $6 Million Prize Pool

Ant Group&#8217;s USDC integration may enhance stablecoin adoption globally, 
influencing cross-border payments and regulatory frameworks in Asia and 
Europe.
The post Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to 
power cross-border payments, crypto transactions appeared first on Crypto 
Briefing.

Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions

Malta’s MFSA only “partially met expectations” in the MiCA authorization 
process for a specific CASP, according to the EU securities regulator.

Malta’s MiCA licensing comes under scrutiny from EU regulator

Ethereum surged over 5% yesterday, pushing past the key $2,700 level and 
signaling renewed strength across the altcoin market. After weeks of sideways 
action and uncertainty, this move marks a small but significant breakout, 
reigniting bullish sentiment among investors and traders. The breakout comes 
as Bitcoin continues to consolidate below its all-time highs, allowing ETH and 
other altcoins to take the lead. Related Reading: Bitcoin 30-Day Average 
Funding Rate Drops – Bullish Setup Takes Shape Market participants are closely 
watching Ethereum’s price action, as its movements often set the tone for the 
broader altcoin space. Top analyst Ted Pillows shared a technical view 
highlighting that ETH is once again trading at the top of its recent range. A 
breakout above this level could confirm the beginning of a larger expansion 
phase for altcoins. With bullish momentum building and Ethereum holding strong 
above reclaimed support levels, traders are becoming increasingly confident 
that the altcoin market may be on the verge of a broader breakout. However, 
key resistance still lies ahead, and the next few days will be crucial in 
determining whether Ethereum has the strength to continue higher and lead a 
new leg up in the crypto cycle. Ethereum Trades at Range Highs: Breakout Looms 
Ethereum has spent the past several weeks consolidating in a well-defined 
range between approximately $2,400 and $2,800, a structure that began forming 
in early May. Despite short-term volatility, ETH has held key support levels, 
suggesting that bulls remain in control. Now, with price action pushing toward 
the upper boundary of the range once again, the market is watching closely to 
see whether Ethereum can break through resistance and initiate a sustained 
rally. The broader macroeconomic backdrop has shifted in favor of risk assets. 
In the US, strong labor market data and wage growth have helped ease concerns 
of an economic slowdown. Meanwhile, the resolution of several global 
geopolitical tensions has reduced uncertainty, allowing markets to stabilize. 
This supportive environment could give Ethereum the fuel it needs to attempt a 
breakout. Ted Pillows recently highlighted that Ethereum is now trading at the 
range highs again — a level that has repeatedly capped price advances in 
recent months. According to Pillow, a confirmed breakout above the $2,800 
resistance would likely trigger renewed momentum for ETH and potentially spark 
a broader move across the altcoin market. Related Reading: Ethereum Price 
Action Signals Momentum Shift: BTC Sleeps And ETH Moves $2,800 Resistance Now 
In Sight Ethereum is showing renewed strength as it breaks out of a multi-week 
consolidation range, with the latest 12-hour candle closing above $2,760. The 
price action has decisively reclaimed the $2,700 level and is now testing the 
critical $2,800 resistance zone. This breakout is supported by a clear surge 
in volume, confirming bullish momentum. The 50, 100, and 200-period moving 
averages are all trending upwards and currently sit well below the current 
price, a strong technical sign of sustained momentum. ETH has moved above all 
three key SMAs, confirming that bulls are in control in the short to medium 
term. Notably, this is the highest ETH has traded since early June, and the 
candle structure resembles a classic continuation breakout setup. Related 
Reading: ERC-20 Stablecoin Supply Hits All-Time High At $121B – Liquidity On 
The Rise A successful daily close above $2,800 would open the door for an 
expansion toward the $3,000 level and potentially higher if momentum holds. 
However, the key now lies in whether buyers can sustain this move without 
immediate rejection at resistance. If ETH can hold above $2,700 and build 
support, the breakout could serve as a launchpad for altcoins, especially as 
Ethereum often leads broader market moves. Featured image from Dall-E, chart 
from TradingView

Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason

The Venn Network team suspects the attack was linked to the North Korean 
Lazarus Group, citing its complexity and widespread deployment.