Crypto News
FLOKI Explodes 12% on Massive Volume, Potentially Signalling Bullish Momentum
Memecoin FLOKI rockets 12.1% in a 24-hour session, blasting from $0.0000815 to $0.0000915 on massive volume, while the broader CoinDesk 20 market index gained only 1.4%. Trading range hit $0.0000136, representing 16.8% volatility, in accelerated price action, specifically around the 13:00-16:00 UTC window on July 8. FLOKI smashed through multiple resistance barriers, according to the model. The volume exploded to 274.1 billion tokens at 16:00 UTC, which is five times the 24-hour average of 58.4 billion. Strong volume support materialized at $0.0000851 level during the 12:00-13:00 UTC timeframe. This established launch pad for a breakout above $0.0000880 resistance. This sustained upward momentum, combined with elevated trading volumes, signals institutional accumulation and potential bullish sentiment.The move comes amid news of FLOKI...
ICP Maintains Bullish Structure Setting $4.72 as a Foundation for Next Move Higher
Internet Computer (ICP) delivered a solid recovery on Tuesday, climbing 1% after encountering early selling pressure. The rebound from intraday lows showcased the asset’s structural strength and growing buyer conviction at key technical levels.After slipping early in the European morning, ICP found support near the $4.72 mark, where trading activity intensified and buyers stepped in aggressively. This level now stands as a high-conviction support zone, marking a potential base for further upside, according to CoinDesk Research's technical analysis data. The price stabilized above this threshold and gradually climbed toward previous highs, suggesting the presence of accumulation and reinforcing bullish sentiment.Volume trends surrounding the reversal were notably elevated, indicating institutional participation and strong reaction at support. The strength of the bounce...
AMERICA INVEST ACT, CORP TREASURY STOCKS & PUMP FUN
Crypto dips on tariff letters, then recovers. ETH outperforms, altcoins weak after PumpFun news. PumpFun plans $600m token sale, $4b valuation. Trump admin to publish crypto report on July 22. US government deposits $218k ETH to Coinbase. Robinhood speaking to US on tokenised shares. Truth Social files for Blue Chip crypto ETF. US drops appeal in Tornado Cash lawsuit. Strategy to raise $4.2b equity to buy BTC. Semler Scientific buys $20m BTC. Bit Digital pivots to ETH treasury, stock pumps. Tokenized assets on ETH hit $5b. Metaplanet to use BTC as collateral for M&A. XRP CEO to testify before senate on legislation. SEC asks firms to amend SOL ETF applications. HK crypto stocks soar on stablecoin momentum. BBVA opens BTC,...
Truth Social Platform’s Parent Company Proposes Blue Chip Crypto ETF
Yorkville America Digital, LLC, in partnership with Trump Media & Technology Group (TMTG) – the company behind President Donald Trump’s “free speech” social media platform Truth Social – has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch the Truth Social Crypto Blue Chip exchange-traded fund (ETF). Yorkville andSource link
BioSig, Streamex to Raise $1.1B for Gold Tokenization Initiative on Solana
BioSig Technologies (BSGM), a medical-technology company fresh off a merger with tokenization firm Streamex, said it signed definitive agreements for up to $1.1 billion in financing to fund a gold-backed treasury model and scale its tokenization platform for real-world assets (RWAs) like gold and other commodities.The capital raise includes $100 million in senior secured convertible debentures and a $1 billion equity line of credit. The debentures accrue 4% interest and are convertible into common shares, giving holders the rights to a sizable equity position. Under the equity line of credit, the firm may issue new shares and sell up to $1 billion of common stock to investors for up 36 months.BSGM shares plunged as much as 43% to $6.54 on...