Dragonfly Capital’s early investment in Tornado Cash could expose the firm to potential legal action from the DOJ.

Dragonfly responds to DOJ scrutiny over Tornado Cash investment, vows to ‘vigorously defend’ itself

Bitmine Immersion has grown its ethereum holdings to more than $2 billion, 
amassing over 566,000 ETH just weeks after closing a $250 million private 
placement, underscoring its aggressive treasury strategy. Ethereum Treasury 
Crosses $2 Billion Mark for Bitmine Bitmine Immersion Technologies announced 
that its ethereum reserves have topped $2 billion, a dramatic increase since 
the […]

Bitmine’s Ethereum Treasury Surpasses $2 Billion as Holdings Cross 566,000 ETH

Bitcoin looks to be on the verge of a breakdown after rallying to $123,000 
all-time highs earlier in the month. This reversal has taken the market by 
surprise, with the altcoin market, once again, bearing the brunt of the 
losses. Now, as the Bitcoin price reaches an important level, the questions of 
whether this is the start of a bear trend or if there will be a bounce in 
price have become more urgent. Bitcoin Trends Low After New Highs After the 
reversal back into the $117,000 levels, crypto analyst TehThomas has published 
an analysis outlining the current Bitcoin price trend and where it could be 
headed next. So far, the analyst explains that Bitcoin is still trading in a 
well-defined trend after being rejected from the upper resistance zone at 
$120,000 multiple times. However, there is still a lot of bite from its 
support levels below, which could be its saving grace. Related Reading: Cup 
And Saucer Pattern Says XRP Price Rally Is Not Done As the analyst explains, 
the fact that the support continues to hold shows that there is still a lot of 
buying going on for Bitcoin. This puts the support very tight around this 
area, but also makes it a dangerous territory for the bulls. It is possible 
that there is a sweep back to these lows, and Thomas explains that such a move 
would engineer sell-side liquidity. There is also a Fair Value Gap (FVG) at 
the $121,000 level, which continues to be defended. This is where most of the 
resistance has come from, pushing the price back below $118,000 multiple times 
already. Thus, this FVG is the next level to reclaim in the campaign for new 
highs. Bouncing Back From Lows If the sweep back toward the lows is completed, 
it is not entirely bearish for the Bitcoin price and could, in fact, be the 
move that helps to trigger the next wave of uptrend. The analyst explains that 
buyers would have to step back in at this level, with support sitting firmly 
at $116,000. This accumulation during consolidation would be inherently 
bullish. Related Reading: Tether Investments Extend Beyond Bitcoin Amid Record 
Profits — Details Looking back at the FVG, the analyst explains that it could 
act as a magnet if the price begins to rise again. Nevertheless, all of this 
depends on the Bitcoin price dipping back to support and then bouncing off 
again. The sweep of liquidity at the lows and the bounce would offer 
confirmation that the price is going to keep trending upward. However, there 
is still the possibility of a price breakdown from here. Thomas points to an 
invalidation of the bullish thesis if support at $116,000 fails to hold and 
there is no immediate recovery. “Bitcoin remains locked in a clear range, and 
until the breakout happens, the edges of that range offer the best trading 
opportunities,” the analyst explained. Featured image from Dall.E, chart from 
TradingView.com

Bitcoin Eyes Bounce off This Support Level In Reversal Campaign For $121,000

Scottie Pippen, the six‑time NBA champion, stirred up the crypto community 
this week. He put out a poll on X asking his 728,000 followers whether XRP 
will hit $10 by 2026. Alongside that question, he also threw out bold targets 
for Bitcoin, Ethereum and Solana. The move sent traders and fans buzzing. 
Related Reading: The US Is A Bitcoin Whale—Arkham Clarifies BTC Holdings After 
Brief Panic Pippen’s Viral Crypto Poll According to his post, Bitcoin could 
climb to $233,000, Ethereum to $10,000 and Solana to $1,000. Pippen gave 
people four choices for each token and let them vote. Travis Turnbull and 
others in the comments threw their support behind XRP reaching $10, while some 
thought even 2026 might be too soon. Polls like this tend to draw big crowds, 
and Pippen’s name carries weight well beyond sports. Which one of these will 
happen in 2026: • Bitcoin will hit 233k • $ETH will hit $10k • $SOL will hit 
$1k • $XRP will hit $10 • Your UBER driver will tell you about the @game5ball 
• Optimus will deliver you food • Aliens will invade • 2pac returns — Scottie 
Pippen (@ScottiePippen) July 24, 2025 XRP is trading around $3.18 right now. 
That price is down 2.2% in the past day, though it’s still up 45% for the 
month. At that level, the token’s market cap sits near $156 billion. To hit 
$10, XRP would need to swell to about $500 billion based on its roughly 50 
billion coins in circulation. That jump would rank it among the world’s 
biggest assets. Bullish Forecasts From Other Analysts Based on reports, an NFT 
project founder predicted XRP could top $10 by next year if Bitcoin rockets 
toward $250,000. A well‑known crypto analyst updated his earlier $4–$5 call to 
$10 after a surge in bullish momentum. Aaron Arnold, host of Altcoin Daily, 
went even further with an $11 target by 2025. He called that figure 
“realistic,” pointing to growing demand and fresh capital flows. Realistic 
2025 #altcoin price predictions:$ADA &#8211; $4$XRP &#8211; $11$INJ &#8211; $99$BORG &#8211; 
$3.50$PENGU &#8211; $0.10$PUMP &#8211; $0.01$SOL &#8211; $400 What else? 🤔 — Altcoin Daily 
(@AltcoinDaily) July 25, 2025 If XRP ever hit $11, its market cap would soar 
past $650 billion. That would put it ahead of big names like Mastercard and 
Tencent on the value charts. Such a move would reshape how people see 
cross‑border payments and tokenized banking rails. Related Reading: Crypto’s 
Golden Rule Just Got Broken, According To Analyst What It Takes To Hit $10 
Reaching $10 won’t happen on hype alone. XRP still faces legal hurdles in the 
US. Banks need clear rules before they can embrace it at scale. On‑chain 
activity must keep rising, and fresh partnerships with payment firms or tech 
players are a must. At the same time, rival tokens and layer‑2 solutions 
compete for investor money. Timing is key, too. Crypto often moves in waves, 
and a bull run can last months or years—but corrections can come fast. 
Featured image from NBA, chart from TradingView

XRP To $10? Basketball Legend’s Poll Puts Crypto On Center Court

July 2025 was a huge month for crypto. Bitcoin smashed its all-time high, 
setting the tone for a wave of bullish energy across the market. And while BTC 
grabbed most of the headlines, several altcoins also made significant moves —…

Top 5 cryptocurrencies this month: July 2025 top crypto gainers

Tyler Winklevoss claims JPMorgan paused Gemini&#8217;s onboarding after he 
criticized the bank’s data access fees, calling the move anti-competitive.