Bitcoin (BTC) temporarily surpasses $116,000
Bitcoin (BTC) temporarily surpassed the $116,000 mark. Meanwhile, as of 06:19 on the 11th, BTC is trading at $116,612.23 on the Binance Tether (USDT) market, up 4.99% from the previous day.
July 10PiCK
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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U.S. asset manager RexShares applies for 2x leveraged Tron (TRX) ETF
According to Bloomberg ETF specialist Eric Balchunas on the 10th (local time), U.S. asset management company RexShares has reportedly applied for a 2x leveraged exchange-traded fund (ETF) for Tron (TRX).
July 10GeneralNew York Stock Exchange Closes Higher… Nasdaq Up 0.09%
The three major U.S. stock indices closed higher. On the 11th, the Nasdaq Composite Index rose 0.09% from the previous day, reaching 20,630.67 points. The Dow Jones Index ended the session up 0.60% at 44,724.47 points, and the S&P 500 Index closed up 0.36% at 6,285.74 points.
July 10GeneralTesla, $756 million in unrealized gains from Bitcoin (BTC)
According to cryptocurrency-focused media Watcher Guru on the 10th (local time), Tesla has recorded approximately $756 million in unrealized gains from its holdings of Bitcoin (BTC). Meanwhile, as of 04:59 on the 11th, BTC is trading at $113,375.99 on the Binance Tether (USDT) market, up 1.45% from the previous day.
July 10GeneralJapanese Real Estate Firm to Tokenize $75 Million Worth of Tokyo Property on Oasis (OAS) Chain
According to CoinDesk, a virtual asset (cryptocurrency) specialty media outlet, on the 10th (local time), Japanese real estate developer GATES Inc. is planning to tokenize Tokyo real estate worth approximately $75 million using the Oasis (OAS) blockchain. GATES Inc. aims to expand the scale of tokenized assets to as much as $20 billion in the future, starting with this project. The Oasis Chain initially launched as a blockchain specialized for gaming, but has recently shifted its business focus in Japan to intellectual property (IP) and real-world assets (RWA). This project is evaluated as a representative example symbolizing the strategic transformation of the Oasis Chain.
July 10General'Crypto Asset Supporter' Jonathan Gould Passes Senate Confirmation as Head of U.S. OCC
According to The Block, a cryptocurrency-focused media outlet, on the 10th (local time), Jonathan Gould has passed the Senate confirmation vote to become the head of the U.S. Office of the Comptroller of the Currency (OCC). Now, only President Donald Trump's signing process remains, and once the signature is complete, Gould will be officially appointed as the OCC chief. Gould is known as a prominent advocate for crypto assets and has served as Chief Legal Officer (CLO) at blockchain company Bitfury. His confirmation is being interpreted as a positive signal for the crypto asset industry, and there is anticipation in the sector that a clearer regulatory environment at the federal level will be established.
July 10GeneralRobinhood launches Ethereum (ETH) and Solana (SOL) staking service in the United States
On the 10th (local time), the global financial trading platform Robinhood announced via its official X (formerly Twitter) that it has officially launched Ethereum (ETH) and Solana (SOL) staking services in the United States. This service offers staking rewards on two major cryptocurrencies to users in the United States, and Robinhood aims to expand opportunities for digital asset-based income generation and further strengthen its user base through this initiative.
July 10GeneralBitcoin (BTC) Hits Another All-Time High, Surpassing $113,788
Bitcoin (BTC) has once again reached an all-time high and continues its bullish trend. On the 11th, BTC surpassed its previous peak of $113,788.23 in the Binance Tether (USDT) market. This suggests that investment demand for BTC in the global virtual asset (cryptocurrency) market remains strong. Recently, net inflows into exchange-traded funds (ETFs), favorable on-chain indicators, and an increased proportion of long-term holders are analyzed to be supporting the rise in BTC price.
July 10PiCKBitcoin (BTC) hits another all-time high... Surpasses $112,725.38
Bitcoin (BTC) has once again set a new all-time high, continuing its bullish trend. On the 11th, BTC surpassed its previous record of $112,725.38 on the Binance Tether (USDT) market. This new record is interpreted as evidence that investment demand for BTC remains strong in the global crypto asset market.
July 10PiCKKraken Supports Local Currency Deposits in Argentina and Mexico
On the 10th (local time), the global virtual asset (cryptocurrency) exchange Kraken announced via its official X (formerly Twitter) that it will support local currency deposits in Argentine Peso (ARS) and Mexican Peso (MXN). This move is interpreted as part of a strategy to expand its user base in Latin America and improve access to digital assets in the region.
July 10GeneralJPMorgan CEO: "Fed, 40-50% Chance of Raising Interest Rates…Tariffs to Push Up Inflation"
According to foreign news on the 10th (local time), Jamie Dimon, CEO of JPMorgan Chase, stated that he believes there is a" 40–50% chance of the Fed (Federal Reserve) raising interest rates." He went on to explain that "the recent tariff policies by the U.S. government may gradually stimulate inflation over time rather than have a short-term effect," adding that "tariffs will impact consumer prices and eventually act as a pressure factor for raising interest rates." Dimon also added that the Fed will closely watch future economic data when making monetary policy decisions.
July 10GeneralNew York Stock Exchange turns mixed... Nasdaq down 0.23%
The three major U.S. stock indices are showing a mixed trend. As of 00:22 on the 11th, the Nasdaq Composite Index is trading at 20,563.67 points, down 0.23% from the previous day. The Dow Jones Index is up 0.61% at 44,730.83 points, and the S&P 500 Index is up 0.17% at 6,273.60 points.
July 10General"Ethereum (ETH) to Reach All-Time High Due to Narrative Shift"
As market sentiment surrounding Ethereum (ETH) changes, the potential for an all-time high is emerging. According to crypto-specialized media DailyHodl on the 9th (local time), renowned crypto analyst Pentoshi, who has about 870,000 followers on X (formerly Twitter), stated, "The narrative around ETH is changing," and added, "Although most investors remain skeptical about ETH for now, within less than a month, institutions will likely make large-scale purchases sufficient to offset all ETH issued after the Merge." He also noted, "Currently, ETH's market capitalization is about one-ninth that of Bitcoin (BTC)," predicting, "because major price swings can occur with less capital, once inflows begin in earnest, ETH could experience a sharp price surge." In this context, Tom Lee, co-founder of the U.S. market research firm Fundstrat, also said, "If the adoption of stablecoins increases, ETH could rebound," stressing, "Stablecoins are an area the U.S. government is working on, and especially USD Coin (USDC) operates on the ETH base, which could form a key source of demand for ETH." Meanwhile, as of 05:32 on the 10th, ETH was trading at $2,738.74, up 4.95% from the previous day based on the Binance Tether (USDT) market.
July 9GeneralNew York Stock Market Closes Higher… Nasdaq Up 0.95%
The three major U.S. stock indices ended higher. The Nasdaq Composite Index closed at 20,611.34 points, up 0.95% from the previous day on the 10th. The Dow Jones Industrial Average finished at 44,458.30 points, rising 0.49%, and the S&P 500 Index closed at 6,262.53 points, up 0.59%.
July 9GeneralBitcoin (BTC) Hits All-Time High… Surpasses $111,999.79
Bitcoin (BTC) continues its bullish trend, reaching an all-time high. On the 10th, BTC surpassed its previous peak of $111,999.79 on the Binance Tether (USDT) market. This new all-time high is seen as an indicator that investor demand for BTC in the global cryptocurrency market remains robust.
July 9PiCKRevolut seeks to raise $1 billion at a company valuation of $65 billion
According to CoinDesk, a cryptocurrency-focused media outlet, on the 9th (local time), the London-based neobank Revolut is seeking to raise a total of $1 billion in funding based on an approximate company valuation of $65 billion. This funding is expected to be carried out through a combination of new share issuance and the sale of existing shares. Revolut currently provides virtual asset trading and virtual asset-based stock investment services, and is also preparing to launch a Bitcoin Lightning Network payment service for its European users. The market sees this fundraising as the foundation for Revolut's expansion of its digital financial services and strengthening of global competitiveness.
July 9GeneralBitcoin (BTC) briefly recovers $111,000
Bitcoin (BTC) briefly recovered the $111,000 level. Meanwhile, as of 04:40 on the 10th, BTC is trading at $111,087.49 on the Binance Tether (USDT) market, up 2.13% from the previous day.
July 9GeneralU.S. SEC officially receives revised physical redemption filing for Bitwise Bitcoin (BTC) and Ethereum (ETH) spot ETFs
According to BlockBeats, a crypto-focused media outlet, on the 9th (local time), the U.S. Securities and Exchange Commission (SEC) has officially received an amended filing regarding the physical redemption method for Bitwise’s Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs). This amendment includes a provision that allows ETF holders to receive Bitcoin and Ethereum, the physical assets, directly instead of cash upon redemption. Bitwise has previously coordinated continuously with the SEC for the launch of digital asset-based ETFs in the U.S., and the physical redemption method is considered a key element for expanding institutional investor participation as well as improving transparency and efficiency in ETF management. Meanwhile, the SEC has not yet commented on whether it will give final approval for these ETFs.
July 9GeneralBitcoin (BTC) briefly recovers $110,000 level
Bitcoin (BTC) has briefly recovered the $110,000 mark. Meanwhile, as of 04:23 on the 10th, BTC is trading at $110,000 on the Binance Tether (USDT) market, up 0.93% from the previous day.
July 9PiCKGreece freezes $1.5 billion in Bybit hacking-related funds… First virtual asset freeze action
According to CoinDesk, a global cryptocurrency media outlet, on the 9th (local time), Greek authorities have frozen funds related to the Bybit hacking incident. The amount of frozen funds reaches approximately $1.5 billion. This measure marks the Greek government's first fund freeze order regarding virtual assets and is seen as a significant precedent for the country's digital asset regulation and enforcement. Notably, it is reported that of the stolen Ethereum (ETH) in this incident, about $72 million, which accounts for roughly 5%, has already been frozen. This represents a considerable portion of the total hacked assets, and the possibility of further freezes being implemented is being raised. This case is once again raising awareness about the security of global virtual asset exchanges, and is expected to impact regulatory and judicial cooperation frameworks regarding virtual assets across European countries.
July 9GeneralU.S. FOMC releases June minutes..."Tariffs may be a persistent factor for inflation"
According to the June 2025 Federal Open Market Committee (FOMC) minutes released by the Fed on the 9th (local time), the committee members expressed concerns that tariffs could become a persistent factor for future inflation. The minutes showed that all members agreed it was appropriate to keep the benchmark interest rate at its current level. Some members took a hawkish stance, indicating that the current federal funds rate may not be much higher than the neutral rate, while others stated that, if economic indicators progress as expected, a rate cut could be considered at the July meeting. The majority of members judged that a rate cut might be needed at an appropriate time within this year, and especially noted that the recently strengthened tariff policies could heighten inflationary pressure. Members stated, "Tariffs pose a persistent risk for driving up prices," expressing their intention to closely evaluate the effects on future price trends. These minutes show that the Fed is keeping the possibility of a rate cut open, while remaining wary of structural factors related to inflation.
July 9PiCKKraken's Dollar Exchange Market Share Rises by 10%p… Impact of New Services
According to The Block, a cryptocurrency-focused media outlet, on the 9th (local time), Kraken's USD-based exchange market share rose from 19% at the start of the year to 29% currently, up by 10 percentage points. This performance is analyzed to be driven by the launch of various new products. Kraken recently introduced the Solana (SOL)-based stock tokenization platform 'xStocks' and also unveiled the stablecoin payment platform 'Krak.'
July 9GeneralCircle signs revenue-sharing agreement with Bybit… Expansion to other exchanges continues
On the 9th (local time), crypto-specialized media CoinDesk reported, citing sources, that Circle, the issuer of the USD-based stablecoin USD Coin (USDC), has signed a revenue-sharing agreement with the cryptocurrency exchange Bybit. Previously, Circle introduced a structure where it shares 50% of reserve earnings with Coinbase. It is also known to provide Binance a pre-paid fee of $60.25 million and to offer monthly incentives based on the USDC balance held by the exchange. According to sources, "Circle has already entered into similar revenue-sharing agreements with multiple major exchanges," adding, "There is a high possibility that most exchanges with a significant balance of USDC have already signed agreements with Circle." This agreement is interpreted as part of Circle's efforts to expand USDC circulation and strengthen strategic partnerships with global exchanges.
July 9GeneralUS SEC Commissioner: "Tokenized Securities Are Still Securities… Securities Laws Must Be Followed"
Hester Peirce, a commissioner of the United States Securities and Exchange Commission (SEC) and head of the digital assets task force, expressed her position on security tokenization on her X (formerly Twitter) account on the 9th (local time). Commissioner Peirce emphasized, "Even if issued in token form, assets that are essentially securities must be subject to federal securities laws." In relation to this, James Seyffart, a Bloomberg ETF analyst, explained, "The key point of this post is that no matter how advanced blockchain technology becomes, it does not have the magical power to change the legal nature of underlying assets," and added, "Tokenized securities are also securities, so market participants wishing to trade them must strictly comply with all relevant securities laws."
July 9GeneralBitcoin (BTC) temporarily recovers to $109,000
Bitcoin (BTC) temporarily recovered the $109,000 mark. Meanwhile, as of 00:48 on the 10th, BTC is trading at $109,000.39 on the Binance Tether (USDT) market, up 0.59% from the previous day.
July 9GeneralNew York Stock Exchange Turns Upward... Nasdaq Up 0.41%
The three major United States stock indices are showing an upward trend. As of 00:17 on the 10th, the Nasdaq Composite Index is trading at 20,502.15 points, up 0.41% from the previous day. The Dow Jones Index is up 0.01% at 44,244.63 points, and the S&P 500 Index is currently up 0.15% at 6,224.81 points.
July 9GeneralNew York Stock Exchange closes mixed... Nasdaq up 0.03%
The three major stock indices in the United States closed mixed. On the 9th, the Nasdaq Composite Index rose 0.03% from the previous day to close at 20,418.46 points. The Dow Jones Industrial Average fell 0.37% to 44,240.76 points, and the S&P 500 Index ended the session down 0.07% at 6,225.32 points.
July 8GeneralU.S. Department of the Treasury Sanctions North Korean Cryptocurrency Hacker Song Geum-hyok
According to CoinDesk, a media outlet specializing in cryptocurrency, on the 8th (local time), the U.S. Department of the Treasury has added North Korean national and cryptocurrency hacker Song Geum-hyok to its sanctions list. The U.S. Department of the Treasury explained, "North Korea dispatches IT personnel around the world to generate foreign currency revenue through various means, including cryptocurrency, and these funds may be used for illegal weapons programs." Song Geum-hyok has been identified as a key figure involved in North Korea's cyber financial crime activities.
July 8GeneralProShares Ultra XRP ETF Registered with US Depository's Ticker
According to CoinGape, a digital asset (cryptocurrency) specialty media outlet, ProShares' Ultra XRP Exchange Traded Fund (ETF) has been registered with the Depository Trust & Clearing Corporation (DTCC) in the US under the ticker 'UXRP' on the 8th (local time). This ETF is a leveraged product that tracks twice the daily price fluctuation of XRP. A DTCC ticker registration is part of the trading preparation procedure, but does not signify official approval from the U.S. Securities and Exchange Commission (SEC) nor does it guarantee listing.
July 8GeneralBitcoin (BTC) briefly recovers to $109,000
Bitcoin (BTC) has briefly recovered the $109,000 level. Meanwhile, as of 03:20 on the 9th, BTC is trading at $109,084.91 on the Binance Tether (USDT) market, up 1.14% from the previous day.
July 8General