Author: James Wilson
Trump Coin is hovering at yearly lows near $7.14, representing the bottom of a multi-month range. A bullish rotation from this zone could trigger a 200% rally toward $22.98 if confirmed. Trump Coin (TRUMP) is once again trading at a critical support region near $7.14, a level that marks the low of its long-term trading range. This zone previously sparked a powerful rally toward the value area high before a corrective phase took over. Now, with price revisiting this key support and volume steadily declining, traders are watching closely for signs of either accumulation or breakdown. The structure remains rotational…
Despite layers of scrutiny, GMX’s V1 GLP pool was hacked for over $40 million in a brazen exploit. With leverage functions now frozen, traders are left wondering: How did audited contracts crack? And what does this mean for DeFi’s perpetual trading future? On July 9, on-chain perpetual and spot exchange GMX confirmed that its V1 GLP pool on Arbitrum had been exploited, with over $40 million worth of assorted tokens siphoned into an unknown wallet in a single transaction. The attack, which appears to have manipulated the GLP vault mechanism, forced the protocol to halt trading and pause the minting…
Tron founder Justin Sun, known for his bold promises, announced he will buy more Trump memecoins. The Official Trump (TRUMP) memecoin has recently been trading near yearly lows. Still, the token hasn’t lacked high-profile backers. On Wednesday, July 9, Tron founder Justin Sun claimed he would purchase $100 million worth of U.S. President Donald Trump’s memecoin through his various ventures. We are committed to buying $100M of $TRUMP! Together, $TRUMP and #TRON are the future of Crypto.This move highlights our belief in collaborating across ecosystems to grow the crypto landscape with communities such as @GetTrumpMemes.$TRUMP on #TRON is the currency…
Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg. On July 9, Bitcoin (BTC) surged over 2% to trade just above its prior all-time high of $111,970 set in May. The rally defied a wall of skepticism: short interest had climbed to $35 billion ahead of the move, while technical indicators flashed bearish divergences. Bitcoin’s all-time high could be seen as confirmation that institutional capital flows, not retail leverage,…
The GMX crypto token nosedived on July 9 after the popular perpetual exchange on Avalanche and Arbitrum was hacked. GMX (GMX) token plunged to a low of $10.20, its lowest level since April 7. The token has dropped nearly 40% from its July high and is now down 76% from its November peak. In an X post, the GMX team confirmed that GMX V1 on Arbitrum had been exploited. Hackers drained approximately $40 million worth of tokens from the GLP pool into an unknown wallet. In response, the protocol paused trading on V1 and halted the minting of GLP tokens.…
Nasdaq leads stock market gains as Nvidia becomes the first ever company to reach a $4 trillion valuation. Major U.S. stock indices rose on Wednesday, July 9, as tech stocks offset macroeconomic uncertainty stemming from new tariff threats. The Dow Jones Industrial Average climbed 136.07 points, or 0.31%, while the S&P 500 added 0.36%. The tech-heavy Nasdaq Composite led the gains with a 0.65% increase. Nvidia was among the top-performing large-cap stocks, rising 2% during the session. The rally propelled the chipmaker past Microsoft and Apple, making it the first company in history to reach a $4 trillion market capitalization.…
If XRP manages to stay above $2.34, a rally toward $6 is possible, says Arthur Azizov of B2 Ventures. XRP has been trading within its current range since December. However, the token may be positioning for a major rally. On Wednesday, July 9, it reached a monthly high of $2.40 and managed to sustain its momentum even after a brief correction, trading at $2.37. Arthur Azizov, founder and investor at B2 Ventures, believes that if XRP holds a key support level, it could push to new highs, potentially even record territory. The first major resistance, he noted, lies at $2.65.…
When a suspicious transaction flashed across their screens, Greek investigators knew they had a shot at history. Months after North Korea’s Lazarus Group looted Bybit for $1.5 billion, a digital breadcrumb led to Greece’s first-ever crypto seizure, proving even the slickest hackers leave a trail. According to an announcement on July 9, Greece’s Hellenic Anti-Money Laundering Authority executed the country’s inaugural cryptocurrency asset seizure, tracing stolen funds from the record-breaking Bybit hack earlier this year. The breakthrough came after investigators flagged a suspicious transaction using Chainalysis Reactor, a blockchain investigation platform acquired in 2023 and supported by Chainalysis’ local partner,…
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 round of financing. Every yen of the funds will go toward buying more Bitcoin (BTC) purchases, boosting the accumulation streak it commenced back in 2024. The company also revealed its short-term mission, which is to grow its holdings to 3,000 BTC. Per its statement, the actual number of coins acquired will depend on Bitcoin’s market price and Remixpoint’s stock performance, as…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As crypto investors move beyond hype, platforms like SAVVY MINING are gaining attention for offering steady, market-free returns through automated cloud mining. With Solana (SOL) continuing to expand in the blockchain field, Ripple (XRP) being widely used in cross-border payments in Asia, and Dogecoin (DOGE) regaining the attention of retail investors, the enthusiasm for cryptocurrencies has been rekindled. But behind the hustle and bustle, more and more investors are beginning to change their minds, no longer paying attention to…