Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) price surge to new all time highs on Thursday is not merely crypto euphoria but a broader macro story: according to several leading executives in the digital asset space, that story revolves around weakening <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46363070/bitcoin-sets-all-time-high-at-118909-ethereum-xrp-surge-8-each">confidence in the U.S. dollar.</a>



Bitcoin&#8217;s performance in non-dollar currencies



While Bitcoin has already achieved new all-time highs in USD terms, it remains just shy of similar milestones against the euro and Swiss franc. 



Analysts say that may soon change as macroeconomic conditions shift further in BTC's favor.



"Bitcoin isn't underperforming in euros or Swiss francs—the euro and franc have simply been unusually strong," said Shaaran Lakshminarayanan, founder of RWA yield platform Multipli, speaking with Benzinga. "With the dollar weakening, BTC is serving as the high-beta leg of the global ‘short-USD' trade."



This view is echoed by Maclane Wilkison, CEO of Threshold Labs, who points to broader dollar fragility earlier this year as a key factor. 



"The recent BTC strength against the euro and Swiss franc likely reflects broader USD weakness earlier this year," he said. "It's likely that Bitcoin will soon break its all-time highs against both."



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46364023/tom-lee-ethereum-not-solana-is-the-preferred-choice-for-jp-morgan-robinhood-circle-to-build-on">Tom Lee: Ethereum, Not Solana, Is The &#8216;Preferred Choice&#8217; For JP Morgan, Robinhood, Circle To Build On</a>



The macro backdrop



As U.S. inflation expectations drift lower and speculation about Federal Reserve interest rate cuts intensifies, the dollar's grip on global markets appears to be loosening, benefiting alternative assets like Bitcoin.



"Bitcoin's rally has coincided with falling U.S. bond yields and a weakening dollar index," said Lakshminarayanan. "Conditions that generally boost alternative stores of value and risk assets."



Even traditionally strong currencies may begin to feel the effects of monetary pivots. 



Konstantins Vasilenko, Co-Founder of Paybis, noted that institutional interest is also driving price pressure. 



"We're seeing some of the heaviest institutional accumulation ever through the spot and ETF markets," he told Benzinga. "From Michael Saylor's continued purchases to BlackRock's ETF surpassing 700,000 BTC, the demand-supply imbalance makes a case for higher price breakouts."



Still, some caution remains. "The pace [of BTC's rise] can feel a bit slow in the euro and CHF markets due to investor caution around broader economic pressures," said Vasilenko. "But in the long term, more frequent breakouts cannot be ruled out."



Overall, the experts agree: the current rally is not irrational exuberance but a reflection of Bitcoin's positioning in a shifting monetary world order.



Read Next: 



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Image: Shutterstock

Bitcoin Hits Dollar All-Time High, But Trails In Euro, Swiss Franc: Dollar What's Driving The Divergence?

Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) is up 9% on the day, but some market commentators say the &#8220;real rally&#8221; has <a href="https://www.benzinga.com/money/shiba-inu-price-prediction">yet to begin</a>. 



What Happened: Crypto trader Rick Primes <a href="https://x.com/RickyPrimes/status/1943167705315733599">shared</a> a cautionary tale: he once held 2.1% of SHIB's total supply (about 21 trillion tokens) but sold early, missing out on nearly $882 million during SHIB's all-time high in October 2021. 



Although he later bought back 0.8% and sold for $20-$30 million, he admits the early exit cost him a fortune.



At SHIB's 2021 peak price of $0.00008845, several early investors reportedly saw life-changing gains, with a few even becoming billionaires.



IntoTheBlock data shows Shiba Inu large transaction volume and daily active addressed spiked 378.5% and 25.2%, respectively. Transactions greater than $100,000 multiplied more than three times from 31 to 114.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46350443/dogecoin-killer-shiba-inu-soars-7-as-burn-rate-explodes-by-1500">&#8216;Dogecoin Killer&#8217; Shiba Inu Soars 7% As Burn Rate Explodes By 1,500%</a>



Why It Matters: Crypto trader says the &#8220;real rally&#8221; for SHIB won't begin until the token breaks above $0.0000175, a level that could flip momentum into full bull mode.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The real rally in <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> will start after the break of $0.0000175. <a href="https://t.co/lBxvGM5J1k">pic.twitter.com/lBxvGM5J1k</a>&mdash; CW (@CW8900) <a href="https://twitter.com/CW8900/status/1943552050832511170?ref_src=twsrc%5Etfw">July 11, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



TradingView analyst Master Ananda <a href="https://www.tradingview.com/chart/SHIBUSDT/ekF9Stu4-Shiba-Inu-Still-Early-Massive-Wave-yet-Bullish-1-558-PP/">sees</a> Shiba Inu&#8217;s major rally is still in its early stages, forecasting a potential 1,529% price explosion. 



He suggests SHIB is just entering a new bull phase after months of downtrend since March 2024. The meme coin recently printed a strong green weekly candle, gaining 15% in seven days.



Though still trading below its 200-day moving average ($0.00001634), Ananda predicts a breakout from its descending triangle to $0.00003203, with further targets ahead. 



His long-term projection is $0.0001032, a potential 1,500% rally from current levels.



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Image: Shutterstock

Shiba Inu Skyrockets 9%: The 'Real Rally' Is About To Begin, Analysts Say

Ethereum's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) dominance in the tokenized finance sector isn't slowing down and according to Fundstrat's Tom Lee, it has already become Wall Street's go-to blockchain infrastructure, leaving Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) behind in key <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46290395/why-tokenization-could-outgrow-bitcoin-cryptos-biggest-success-story">institutional use cases</a>.



<a href="https://www.cnbc.com/video/2025/07/10/fundstrats-tom-lee-nvidia-being-the-most-valuable-company-in-the-sp-makes-a-lot-of-sense.html">Speaking</a> to CNBC on Thursday, Lee made it clear that Ethereum&#8217;s recent outperformance and adoption by financial giants point to a deeper shift.



"There is really a rediscovery of Ethereum taking place," he said, citing its role in powering stablecoins and tokenized assets that now account for more than 60% of Ethereum's network usage.



Lee emphasized Ethereum's position as a technology platform, not just a digital asset like Bitcoin. 



"Ethereum is like the preferred choice for Wall Street. It already is more than 60% of all the tokenized real-world assets, and that share is growing," he explained. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46351536/you-can-stake-ethereum-solana-on-robinhood-but-is-it-worth-the-25-cut">You Can Stake Ethereum, Solana On Robinhood—But Is It Worth The 25% Cut?</a>



With entities like JPMorgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) building stablecoin and tokenization infrastructure on Ethereum, the trend appears to be solidifying.



When asked whether Solana could disrupt Ethereum's lead, Lee acknowledged the competition but pointed to adoption patterns. "JP Morgan's stablecoin is built on Ethereum. Robinhood is building their tokenizing business on Ethereum. As a layer one, Ethereum is already entrenched."



He also pointed to macro growth drivers, noting that Treasury Secretary Janet Yellen's projection of stablecoins surpassing $2 trillion in value would massively expand Ethereum's usage footprint.



Lee's remarks come amid broader institutional interest in Ethereum, including from his own company, Bitmine Emergent Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BMNR#AMEX">BMNR</a>), where he now serves as chairman. 



Bitmine has raised significant capital to acquire Ether, betting on its long-term role in the financial system.



Read Next: 



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348745/crypto-users-prioritize-investment-education-over-consumption-nexo-report-finds">Crypto Users Prioritize Investment, Education Over Consumption, Nexo Report Finds</a></li>
</ul>



Image: Shutterstock

Tom Lee: Ethereum, Not Solana, Is The 'Preferred Choice' For JP Morgan, Robinhood, Circle To Build On

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has surged to a new all-time high of $118,909 on Coinbase on Friday morning propelled by steady institutional buying, but analysts warn the rally could face pressure from geopolitical and inflation-driven uncertainties in <a href="https://www.benzinga.com/money/bitcoin-price-prediction">the weeks ahead</a>.



What Happened: The world's largest cryptocurrency jumped 6.3% in the last 24 hours, breaking out of the sideways trading pattern that has persisted for much of the past two months.



Stephen Wundke, Director of Strategy and Revenue at Algoz, pointed to the continued inflows into U.S.-listed spot Bitcoin ETFs, amounting to $15 billion in net buying over the past two months, as a critical driver of upward momentum. 



"Institutions have kept buying BTC ETFs," Wundke told Benzinga. "Traders who lack exposure are now trying to recover positions, forcing prices higher."



He added that dovish inflation signals globally and renewed corporate interest in adding Bitcoin to treasury holdings are fostering favorable conditions for further upside. 



"History shows us when BTC breaks new highs and holds, there's been a circa 20% uplift in the next 60 days," he noted, predicting a short-term target of $125,000—provided inflation data from the U.S. remains benign.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46351536/you-can-stake-ethereum-solana-on-robinhood-but-is-it-worth-the-25-cut">You Can Stake Ethereum, Solana On Robinhood—But Is It Worth The 25% Cut?</a>



Ajay Dhingra, Head of Research and Partnerships at Unizen, was more cautious. "Bitcoin's new all-time high comes during a rare moment of calm in global politics and trade," he said. 



However, Dhingra warned that upcoming macro data releases—particularly GDP and inflation figures—may reflect the impact of Middle East tensions and impending tariffs, potentially reigniting market volatility. 



"This rally may not hold if that calm gives way to fresh volatility," he added.



The broader crypto market followed Bitcoin's lead. 



Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) rose over 8% to top $3,000, while XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) gained 8% as well to surpass $2.60.



Market sentiment also received a lift from optimism around likely ETF approvals for altcoins like Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) and Ripple, both of which broke key trendlines in recent trading sessions.



What&#8217;s Next: While enthusiasm is growing, experts caution that the sustainability of this rally hinges on upcoming macroeconomic events, particularly the U.S. inflation report due July 15 and the Bitcoin options expiry on July 25, two potential catalysts that could sway short-term market direction.



Read Next: 



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46345201/bitcoins-rally-to-112000-yes-its-different-this-time">Bitcoin&#8217;s Rally To $112,000: Yes, It&#8217;s Different This Time</a></li>
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Image: Shutterstock

Bitcoin Sets All-Time High At $118,909, Ethereum, XRP Surge 8% Each

Shares of cryptocurrency mining company Bit Origin Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) surged in Friday&#8217;s pre-market trading amid Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) record-shattering rally.



What happened: The Nasdaq-listed firm focuses on the Bitcoin mining ecosystem, as well as the deployment of blockchain technologies.



Earlier in the month, it regained compliance with Nasdaq's equity standard, which mandates listed companies to maintain a minimum of $2.5 million in stockholders' equity.



The latest spike may have to do with the ongoing rally in the cryptocurrency market, which has <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46360502/raoul-pal-says-no-one-realizes-insane-incoming-demand-for-blockspace-predicts-crypto-will-become-100-trillion-asset-within-a-decade-as-bitcoin-smashes-118000">propelled Bitcoin beyond $118,000</a>.



See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/news/politics/25/07/46359496/elizabeth-warren-says-crypto-industry-wants-trump-to-boost-their-products-just-like-he-was-hawking-elon-musks-cars">Elizabeth Warren Says Crypto Industry Wants Trump To Boost Their Products Just Like He Was &#8216;Hawking&#8217; Elon Musk&#8217;s Cars</a>



The momentum has buoyed most Bitcoin-related equities, with Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) rising 2.71% and 3.37%, respectively, after-hours.&nbsp;CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGMI#NASDAQ">WGMI</a>) was up 1.18%



Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $$117,761.58, up 5.91% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.



Shares of Bit Origin were up as much as 75% in pre-market trading after closing 48.8% higher at $0.2900 during Thursday's regular trading session. The stock has risen 81% over the last month.



BTOG recorded a low momentum score as of this writing. If you are looking for high-momentum stocks for your portfolio, go to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.&nbsp;



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="441" height="194" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11041358/Screenshot-2025-07-11-130250.png" alt="" class="wp-image-981399" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11041358/Screenshot-2025-07-11-130250.png 441w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11041358/Screenshot-2025-07-11-130250-300x132.png 300w" sizes="(max-width: 441px) 100vw, 441px" /></a></figure>



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46360502/raoul-pal-says-no-one-realizes-insane-incoming-demand-for-blockspace-predicts-crypto-will-become-100-trillion-asset-within-a-decade-as-bitcoin-smashes-118000">Raoul Pal Says No One Realizes &#8216;Insane&#8217; Incoming Demand For Blockspace, Predicts Crypto Will Become $100 Trillion Asset Within A Decade As Bitcoin Smashes $118,000</a></li>
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Photo: Paopano on Shutterstock.com

Bit Origin Shares Surge 75% Pre-Market As Bitcoin Rallies Past $118,000

BTC Digital Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCT#NASDAQ">BTCT</a>) surged by over 35% in after-hours trading on Thursday. Renewed momentum in the crypto sector, marked by Bitcoin&#8217;s recent all-time high, is fueling this rally. 



The stock&#8217;s price rose from $3.75 to $5.14, marking a 37.43% increase.



What Happened: The after-hours jump in BTCT&#8217;s stock price follows a period of relative stability. The digital asset platform&#8217;s stock has been <a href="https://www.google.com/finance/quote/BTCT:NASDAQ?sa=X&amp;ved=2ahUKEwj6z-32nLSOAxVhyjgGHaFXH5sQ3ecFegQIMBAb">trading between $3.42 and $3.85</a> over the past 24 hours, with a previous close of $3.46. The company&#8217;s market cap is currently at $28.19 million.



The surge in BTCT&#8217;s stock price came after the company announced significant progress in its <a href="https://www.prnewswire.com/news-releases/btc-digital-ltd-announces-major-milestone-on-georgia-20-mw-mining-project-and-introduces-advanced-liquidcooling-technology-for-the-first-time-302499947.html">Georgia mining project</a>. The project is set to incorporate liquid-cooling technology, a development that has piqued investors&#8217; interest.



See Also: <a href="https://benzinga.com/markets/macro-economic-events/25/07/46359200/brazil-hits-back-at-trumps-tariff-letter-lula-says-if-hes-going-to-charge-us-50-wee">Brazil Hits Back At Trump&#8217;s Tariff Letter, Lula Says If &#8216;He&#8217;s Going To Charge Us 50, We&#8217;e Going To Charge Him 50&#8217;</a>



Earlier in 2025, the company <a href="https://www.benzinga.com/news/25/05/45374062/btc-digital-expands-proprietary-mining-operations-with-deployment-of-400-new-bitmain-antminer-t21-ma">expanded its proprietary mining operations</a> by deploying 400 new Bitmain Antminer T21 machines, adding about 76 PH/s of Bitcoin mining hash rate. This move was seen as a significant step in BTCT&#8217;s growth strategy.



Why It Matters: The recent gain in BTCT&#8217;s stock price comes at a time when the cryptocurrency market is experiencing a renewed surge. In May, shares of crypto-linked stocks and Bitcoin miners were trading higher after Bitcoin reached a <a href="https://www.benzinga.com/wiim/25/05/45560623/shares-of-crypto-linked-stocks-and-bitcoin-miners-are-trading-higher-after-bitcoin-reached-a-new-all">new all-time high</a>, rising above $110,000. This included companies like MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Canaan Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NASDAQ">CAN</a>), and HIVE Digital Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIVE#NASDAQ">HIVE</a>).



BTCT&#8217;s recent stock surge also follows a trend of information technology stocks experiencing significant movements. In June, <a href="https://www.benzinga.com/insights/movers/25/06/46105069/12-information-technology-stocks-moving-in-wednesdays-after-market-session">12 Information Technology Stocks</a> experienced significant movements in the after-market session, including BTCT and Alpha Modus Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMOD#NASDAQ">AMOD</a>).



Price Action: According to <a href="https://www.benzinga.com/quote/btct">Benzinga Pro</a> data, BTCT stock jumped 29.33% after hours to $4.85 following progress updates on its Georgia mining project.



Benzinga Edge Stock Rankings highlights BTC Digital Ltd has a strong Value score of 82.35. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out</a> how rivals in the crypto asset industry rank.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="859" height="155" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11033222/Screenshot-2025-07-11-130209.png" alt="" class="wp-image-981346" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11033222/Screenshot-2025-07-11-130209.png 859w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11033222/Screenshot-2025-07-11-130209-300x54.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11033222/Screenshot-2025-07-11-130209-768x139.png 768w" sizes="(max-width: 859px) 100vw, 859px" /></a></figure>



Read Next: <a href="https://benzinga.com/crypto/25/07/46335745/bitcoin-hits-historic-high-above-112000-noted-investor-says-if-you-cant-beat-it-you-have-to-buy-it">Bitcoin Hits Historic High Above $112,000, Noted Investor Says &#8216;If You Can&#8217;t Beat It, You Have To Buy It&#8217;</a>



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

BTC Digital Soars Over 35% After Hours On Georgia Mining Breakthrough, Bitcoin Surge

Macro strategist&nbsp;Raoul Pal&nbsp;predicted &#8220;insane&#8221; demand for the blockchain space on Thursday, foreseeing cryptocurrency becoming a $100 trillion asset class over the next 6-8 years.



What Happened:&nbsp;In an X post, Pal emphasized the untapped demand for blockchain space from traditional finance and the potential of the stablecoin space <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45604556/scott-bessent-forecasts-stablecoins-increasing-appetite-for-us-treasuries-by-trillions-promises-highest-regulatory-standards-for-dollar-pegged-cryptos">to unlock trillions in value</a>.



&#8220;I don&#8217;t think anyone realizes the insane demand for block space coming from TradFi&#8230; stablecoins TAM is in the many $ trillions and volumes a massive multiple of that&#8230;. and that&#8217;s just the start,&#8221; the former&nbsp;Goldman Sachs&nbsp;executive said.



Pal also said that the impending demand from <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46290395/why-tokenization-could-outgrow-bitcoin-cryptos-biggest-success-story">Web2 to Web3 conversion</a> would further drive up demand for blockchain rails.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I don&#39;t think anyone realizes the insane demand for block space coming from TradFi&#8230; stablecoins TAM is in the many $ trillions and volumes a massive multiple of that&#8230;. and that&#39;s just the start. Oh, and that doesn&#39;t include the Web3 demand from web2 conversion that will…&mdash; Raoul Pal (@RaoulGMI) <a href="https://twitter.com/RaoulGMI/status/1943436867996676133?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46278850/bonk-surges-58-in-7-days-why-is-it-outperforming-dogecoin-shiba-inu" target="_blank" rel="noreferrer noopener">Bonk Surges 58% In 7 Days: Why Is It Outperforming Dogecoin, Shiba Inu?</a>



Pal labeled cryptocurrency as the &#8220;biggest macro trade&#8221; and projected the space to be worth $100 trillion in the next 6 to 8 years.



Why It Matters:&nbsp;Narratives surrounding stablecoins and asset tokenization have been gaining traction lately. 



Treasury Secretary&nbsp;Scott Bessent said previously that stablecoins will unlock <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45604556/scott-bessent-forecasts-stablecoins-increasing-appetite-for-us-treasuries-by-trillions-promises-highest-regulatory-standards-for-dollar-pegged-cryptos">trillions of dollars in demand for U.S. treasuries</a> in the near future. Similarly, Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) launched <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46186180/raoul-pal-says-robinhood-letting-users-trade-openai-spacex-through-blockchain-is-democratization-of-finance-end-of-public-vs-private-markets-has-begun">tokenized stock offerings</a>&nbsp;last month, allowing users to gain exposure to U.S. private companies such as&nbsp;SpaceX&nbsp;and&nbsp;OpenAI.



Pal&#8217;s forecast aligns with his previous statements on the future of cryptocurrency. In May, he suggested that crypto was entering <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45495547/bitcoin-pulls-back-but-raoul-pal-says-were-entering-phase-2-of-the-banana-zone">&#8220;Phase 2 of the Banana Zone,&#8221;</a> a period where liquidity increases and prices accelerate after initial consolidation. This phase, according to Pal, represents the last leg of Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) bull run.&nbsp;



Price Action:&nbsp;Bitcoin soared 6% in the last 24 hours to top $118,000 for the first time, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. The total cryptocurrency market capitalization rose 6.17% to $3.68 trillion.



Read Next:&nbsp;



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348745/crypto-users-prioritize-investment-education-over-consumption-nexo-report-finds">Crypto Users Prioritize Investment, Education Over Consumption, Nexo Report Finds</a></li>
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Photo Courtesy: sundaemorning on Shutterstock.com



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Raoul Pal Says No One Realizes 'Insane' Incoming Demand For Blockspace, Predicts Crypto Will Become $100 Trillion Asset Within A Decade As Bitcoin Smashes $118,000

The recent advancement in the cryptocurrency sector has led to an upward trend in stock value for MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>). The stock surged by 2.89% in the regular trading hours, followed by a 2.61% after-hours gain on Thursday, as investors responded to growing optimism around the company&#8217;s strategic development in the Bitcoin mining space.



What Happened: MARA Holdings&#8217; stock price closed at $18.99 on Thursday, showing a 2.89% increase. An <a href="https://www.google.com/finance/quote/MARA:NASDAQ?sa=X&amp;ved=2ahUKEwimoIi86rOOAxX7-TgGHcVpNj0Q3ecFegQIPBAb">additional increase</a> of 2.61%, to $19.49 was seen after hours.&nbsp; This surge can be linked to the company&#8217;s recent strides in the cryptocurrency industry, particularly in Bitcoin mining. The company&#8217;s stock has been on a steady rise, reflecting the overall positive performance of the cryptocurrency market.



See Also: <a href="https://benzinga.com/crypto/25/07/46267760/cathie-wood-questions-big-movement-in-old-bitcoin-part-of-a-government-settlement-deal">Cathie Wood Questions Big Movement In Old Bitcoin: &#8216;Part Of A Government Settlement Deal?&#8217; &#8211; Benzinga</a>



On Thursday, MARA Holdings&#8217; stock price was among the top gainers in the <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46353649/bitcoin-mining-stocks-mara-cleanspark-riot-are-moving-higher-whats-happening">Bitcoin mining sector</a>, along with CleanSpark Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) and Riot Blockchain Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>). This rise was part of a broader rally in crypto-related equities as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) continued to climb to record levels. On Thursday, the apex cryptocurrency crossed the $116,000 mark as investors <a href="https://www.benzinga.com/crypto/25/07/46358899/bitcoin-breaks-116000-ethereum-dogecoin-soar-as-crypto-investors-shrug-off-tariff-concerns-analyst-says-this-is-your-last-chance-to-catch-eths-breakout">shrugged off tariff concerns</a>.



Why It Matters: MARA Holdings&#8217; recent success in the cryptocurrency market can be attributed to its ambitious plans for the future. The company aims to achieve a 40% increase in its hashrate by the end of 2025, targeting <a href="https://www.benzinga.com/markets/cryptocurrency/25/07/46192049/mara-targeting-75-exahash-by-end-of-2025-representing-40-growth-over-2024-says-211-blocks-">75 exahashes</a>. This goal, announced in early July, has been a driving force behind the company&#8217;s recent stock performance.



Prior to this, MARA Holdings had also made headlines for its collaboration with TAE Power Solutions to develop a <a href="https://www.benzinga.com/news/25/06/46092707/mara-and-tae-power-solutions-collaborate-to-jointly-develop-real-time-responsive-load-management-sys">real-time responsive load management system</a> to meet the energy demand of data centers and cryptocurrency mining operations. This partnership, announced in late June, further solidified MARA Holdings&#8217; position in the <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46215196/mara-shares-inch-higher-in-wednesdays-pre-market-after-bitcoin-miner-targets-40-hashrate-growth-by-year-end">cryptocurrency industry</a>.



Despite the recent success, MARA Holdings&#8217; stock has seen some <a href="https://www.benzinga.com/insights/options/25/07/46262170/10-information-technology-stocks-whale-activity-in-todays-session">bearish activity</a>, with high-rolling investors positioning themselves bearish on the company. However, this has not hindered the company&#8217;s overall positive performance in the cryptocurrency market.



Price Action: MARA surged 2.89% during regular trading and jumped another 2.61% after hours on Thursday, according to <a href="https://www.benzinga.com/quote/mara">Benzinga Pro</a> data.



Benzinga Edge Stock Rankings shows MARA Holdings has positive trends across all time frames. Here&#8217;s <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how it fares</a> on other key metrics.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="880" height="160" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11000305/Screenshot-2025-07-11-093250.png" alt="" class="wp-image-981087" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11000305/Screenshot-2025-07-11-093250.png 880w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11000305/Screenshot-2025-07-11-093250-300x55.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11000305/Screenshot-2025-07-11-093250-768x140.png 768w" sizes="(max-width: 880px) 100vw, 880px" /></a></figure>



Read Next: <a href="https://benzinga.com/crypto/cryptocurrency/25/07/46353081/bitcoin-can-easily-crash-buy-silver-instead-peter-schiff-says-silver-should-rise-much-more-">&#8216;Bitcoin Can Easily Crash,&#8217; Buy Silver Instead, Peter Schiff Says &#8211; &#8216;Silver Should Rise Much More, Downside Seems Limited&#8217;</a>



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo Courtesy: Shutterstock.com

MARA Stock Spikes In After-Hours Trading As Bitcoin Hits New All-Time High

Memecoins inspired by GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) popped Thursday as Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) record-breaking rally energized the cryptocurrency market.



What happened: Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based GameStop (GME) was up nearly 40% in the last 24 hours, hitting a more than three-week high, <a href="https://coinmarketcap.com/currencies/gamestop/">according</a> to CoinMarketCap.



The coin's market capitalization exceeded $27 million, while the 24-hour trading volume spiked 65% to $1.5 million.



Notably, a BNB Chain (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>)-based token, having the same name but a much larger market capitalization, rose exponentially only to <a href="https://coinmarketcap.com/currencies/gamestopcoin-net/">lose 86%</a> of its value overnight. As of this writing, it was down 62% in the last 24 hours.



Note that the token is unrelated to GameStop and merely seeks to capitalize on the hype surrounding the meme stock.



That said, there appeared to be little development on the company&#8217;s side to support such a rally. In fact, the coin may have surged due to broader meme-driven speculation and optimism <a href="https://www.benzinga.com/crypto/25/07/46358899/bitcoin-breaks-116000-ethereum-dogecoin-soar-as-crypto-investors-shrug-off-tariff-concerns-analyst-says-this-is-your-last-chance-to-catch-eths-breakout">following Bitcoin&#8217;s move past $116,000</a>.



See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348745/crypto-users-prioritize-investment-education-over-consumption-nexo-report-finds">Crypto Users Prioritize Investment, Education Over Consumption, Nexo Report Finds</a>



Price Action:&nbsp; Shares of GME were up 0.56% in after-hours trading after closing 0.39% lower at $23.10 during Thursday&#8217;s regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;



GME demonstrated a very high Growth score as of this writing. But does it rank among the top ten stocks for Growth? Visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a> to find out.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="560" height="356" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11001726/image-135.png" alt="" class="wp-image-981104" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11001726/image-135.png 560w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11001726/image-135-300x191.png 300w" sizes="(max-width: 560px) 100vw, 560px" /></a></figure>



Benzinga Note: Investing in meme coins is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading.



Photo Courtesy: CHOKCHAI POOMICHAIYA on Shutterstock.com



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<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/25/07/46315623/anthony-scaramucci-once-slammed-dogecoin-other-memecoins-as-distraction-from-the-purity-of-bitcoin-this-is-the-stuff-that-would-aggravate-warren-buffett">Anthony Scaramucci Once Slammed Dogecoin, Other Memecoins As &#8216;Distraction&#8217; From The Purity Of Bitcoin — This Is The Stuff That Would Aggravate Warren Buffett</a> </li>
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GameStop-Themed Crypto Surges Nearly 40% As Bitcoin Highs Fuel Frenzy

Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.) criticized President Donald Trump&#8217;s push for cryptocurrency legislation on Thursday, alleging that it serves his personal interests.



What Happened: During an interview with MSNBC, Warren&nbsp;said that the cryptocurrency industry wants Trump to lift the market, similar to how he was &#8220;hawking&#8221; Elon Musk&#8217;s <a href="https://www.benzinga.com/markets/25/03/44240714/trump-says-he-will-buy-a-brand-new-tesla-to-support-elon-musk-as-stock-falls-over-53-erasing-nearly-800-billion-in-investor-wealth-since-december-peak">cars at one point</a>.



&#8220;They want Trump not just to hawk their individual product. They want his support and the Republicans in Congress&#8217;s support to build an infrastructure that will let them rake in literally billions and billions of dollars,&#8221; the senior Democrat said.



Warren stated that no elected official should be able to buy, sell and profit from cryptocurrency.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Reminder: Trump is pushing for crypto legislation to keep lining his own pocket. President Bush&#39;s former ethics lawyer says we have never had a president since the Civil War with such a conflict of interest. We should not pass any crypto legislation without shutting this down. <a href="https://t.co/GIIv9UapZc">pic.twitter.com/GIIv9UapZc</a>&mdash; Elizabeth Warren (@SenWarren) <a href="https://twitter.com/SenWarren/status/1943393578870284607?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



&#8220;We do need crypto regulation. There&#8217;s enough value money changing hands around us right now,&#8221; Warren remarked. &#8220;But that crypto regulation, for example, needs to have basic consumer protections.&#8221;



The lawmaker said that Trump is pushing for cryptocurrency legislation to &#8220;keep lining his own pocket&#8221; and reiterated that no laws should be passed without addressing his conflict of interest.



The White House didn&#8217;t immediately return Benzinga&#8217;s request for comment on these allegations.



See Also:<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46301141/want-to-join-the-top-10-of-xrp-holders-heres-how-much-you-need" target="_blank" rel="noreferrer noopener"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46298615/trump-medias-new-crypto-blue-chip-etf-filing-comes-with-a-twist">Trump Media&#8217;s New &#8216;Crypto Blue Chip ETF&#8217; Filing Comes With A Twist</a>



Why It Matters: Warren&#8217;s comments come in the wake of her <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46335273/elizabeth-warren-says-critical-that-trumps-superhighway-of-crypto-corruption-be-shut-down">urging Congress</a> to implement stricter regulations on digital assets, citing Trump&#8217;s&nbsp;"superhighway of crypto corruption."



Warren has <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45399468/elizabeth-warren-calls-out-trump-linked-stablecoin-as-a-national-security-risk-hes-cashing-in-on-foreign-crypto-deals">stepped up her criticism</a> of the Trump family&#8217;s involvement with the cryptocurrency industry, specifically, the Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) memecoin and the dollar-pegged stablecoin&nbsp;USD1.



Trump reported incomes<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45966444/donald-trump-jr-says-his-father-doesnt-touch-the-family-backed-crypto-company-despite-disclosure-of-57-million-income" target="_blank" rel="noreferrer noopener">&nbsp;exceeding $57 million</a>&nbsp;from&nbsp;World Liberty Financial, the firm behind USD1, in his latest disclosure. Regarding memecoin, Trump&nbsp;<a href="https://in.benzinga.com/25/05/45187462/trump-denies-personal-profit-from-memecoin-venture-i-havent-even-looked" target="_blank" rel="noreferrer noopener">refuted claims</a>&nbsp;that he is financially benefiting from the venture.



Read Next:&nbsp;



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46228386/inside-the-trump-familys-620-million-crypto-empire">Inside The Trump Family&#8217;s $620 Million Crypto Empire</a></li>
</ul>



Photo Courtesy: Shutterstock/Sheila Fitzgerald



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Elizabeth Warren Says Crypto Industry Wants Trump To Boost Their Products Just Like He Was 'Hawking' Elon Musk's Cars

Leading cryptocurrencies scripted another strong rally Thursday, despite President Donald Trump&#8217;s tariff moves casting a pall over the market.



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:10 p.m. ET)</th></tr></thead><tbody><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>+4.09%</td><td>$115,629.51</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+6.22%</td><td>$2,931.12</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+7.76%</td><td>$0.1922</td></tr></tbody></table></figure>



What Happened: Bitcoin blasted to a new record high above $116,000 in the evening, as trading volume for the apex cryptocurrency spiked 62% to a whopping $96 billion in the last 24 hours.



Ethereum was closing in on $3,000, hitting levels last seen in early February.



The second-largest cryptocurrency's market share jumped to 9.8%, while Bitcoin's dominance slipped below 64%.



Over $1 billion was liquidated from the market in the last 24 hours, with $969 million in downside bets erased.



Bitcoin's open interest increased by 2.86% in the last 24 hours to an all-time high of $81.35 billion. Notably, the long/short ratio was below 1, indicating a higher number of short bets compared to long bets.



The "Greed" sentiment strengthened in the market, according to the Crypto Fear &amp; Greed Index.



Top Gainers (24 Hours)



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:10 p.m. ET)</th></tr></thead><tbody><tr><td>Pudgy Penguins (PENGU)</td><td>+22.70%</td><td>$0.01919</td></tr><tr><td>Sei (SEI)&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+19.84%</td><td>$0.3134</td></tr><tr><td>Worldcoin (WLD)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+19.60%</td><td>$1.08 </td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.60 trillion, following a 4.03% jump in the last 24 hours.



Stocks also notched record highs on Thursday. The S&amp;P 500 rallied 0.27% to end at 6,280.46. The tech-focused Nasdaq Composite rose 0.09% to close at 20,630.67. &nbsp;The Dow Jones Industrial Average gained 192.34 points, or 0.43%, to end at 44,458.30.



Meanwhile, stock futures bled overnight after Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114831716625825473">announced </a>35% tariffs on all goods imported from Canada starting Aug. 1



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: Blockchain analytics firm Santiment said that despite Bitcoin's record highs, traders are not keen to shift coins back onto exchanges for profit-taking.



On the contrary, the last four months have seen a net drop of 21% in BTC on exchanges.



"The trend of coins staying off exchanges is a sign that the threat of sudden market plummets is more limited, and long-term investors are increasingly content to keep their coins safe in personal storage for the long run," Santiment added.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4c8; Bitcoin has made yet another historic all-time high, surging to a market value of $113,923 30 minutes ago. Despite <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>&#39;s +13.6% price rise since its June 22nd local bottom, traders are not showing eagerness to move coins back on to exchanges (to potentially sell). &#x1f92f; In… <a href="https://t.co/FsOLjUF7Kj">pic.twitter.com/FsOLjUF7Kj</a>&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1943379116541063204?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Widely followed cryptocurrency analyst and trader Ali Martinez stated this might be the "last chance" to catch Ethereum's breakout.



"Right now, ETH is sitting in the middle of a parallel channel. If momentum builds, it has a good chance of rising to $4,000," Martinez projected.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is your last chance to catch the Ethereum <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> breakout! <a href="https://t.co/EvpzDHQBFM">pic.twitter.com/EvpzDHQBFM</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1943446636983640561?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Photo Courtesy: PeopleImages.com &#8211; Yuri A on Shutterstock.com



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Bitcoin Breaks $116,000, Ethereum, Dogecoin Soar As Crypto Investors Shrug Off Tariff Concerns: Analyst Says This Is Your 'Last Chance' To Catch ETH's Breakout

Seattle-based EASE Protocol has launched a no-code solution called AutoTasks, allowing non-technical users to deploy smart contracts in under a minute. 



The tool, available via the EASE SuperApp, is designed to simplify blockchain interaction by eliminating the need for coding skills, blockchain-specific knowledge or testing environments.



AutoTasks enables users to configure secure, pre-audited smart contracts using a Setup Wizard that requires only basic input, such as selecting use cases and providing relevant parameters. 



Supported features at launch include payment splitting, digital certificate issuance, IP-protected art releases, account sharing, governance tools, loyalty point systems, and storefront creation.



According to Douglas Horn, architect of the EASE Protocol, AutoTasks addresses a common usability problem in blockchain adoption: the difficulty of deploying smart contracts without introducing technical risks or relying on external developers. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46345201/bitcoins-rally-to-112000-yes-its-different-this-time">Bitcoin&#8217;s Rally To $112,000: Yes, It&#8217;s Different This Time</a>



"Users can hit a button and have a task handled for them automatically," Horn said.



AutoTasks does not use generative AI to write custom contracts, instead relying on pre-compiled, audited templates to reduce execution risk. 



This contrasts with some newer platforms that generate custom code via AI models, a method often flagged for reliability concerns.



The EASE team said the product is built on an ISO-compliant architecture and aims to offer a user experience more akin to mainstream web applications than traditional Web3 platforms. 



The company sees this launch as a step toward bringing decentralized technology to a wider, less technical audience, including enterprises and government users.



Read Next: • <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46340086/bitrue-backs-politically-linked-stablecoin-usd1-despite-expected-pushback-over-trump-ties">Bitrue Backs Politically-Linked Stablecoin USD1 Despite Expected Pushback Over Trump Ties</a>



Photo: Harsamadu via Shutterstock

Can One Button Really Launch A Smart Contract? EASE's New Toolkit Says Yes

Staking infrastructure provider Chorus One has launched a new decentralized application (dApp) for The Open Network (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TON</a>), aimed at simplifying access to pooled staking on the Telegram-linked blockchain. 



The <a href="https://chorus.one/articles/chorus-one-introduces-ton-pool-dapp">rollout </a>of the TON Pool dApp follows the firm's earlier institutional-focused staking product and marks a shift toward broader retail participation in the ecosystem.



The dApp allows users to delegate TON tokens without facing the native network's high minimum staking thresholds, reportedly as steep as 600,000 TON for direct participation, making staking more accessible to users with smaller holdings. 



The tool also abstracts away operational complexities, such as manual validator selection and pool management.



Chorus One has positioned the dApp as a response to existing bottlenecks within the TON staking ecosystem. 



Among them are caps on the number of nominators per pool, which restrict delegation to just 40 addresses, and regulatory challenges tied to liquid staking tokens (LSTs), which are commonly used by third-party platforms and may fall under scrutiny in jurisdictions governed by regulations like the EU's MiCA.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46351536/you-can-stake-ethereum-solana-on-robinhood-but-is-it-worth-the-25-cut">You Can Stake Ethereum, Solana On Robinhood—But Is It Worth The 25% Cut?</a>



Security has also emerged as a key consideration. 



Chorus One noted that the original smart contracts developed by TON Whales, previously leveraged by the firm, contain vulnerabilities that remain unresolved. 



To address this, the new dApp uses smart contracts audited by the security firm Spearbit.



Since its original launch, the TON Pool has reportedly delivered higher staking yields by optimizing for validator election cycles. 



However, the platform's new interface is likely to bring a wider set of users into an ecosystem that, until now, has remained relatively difficult to access compared to staking on networks like Ethereum or Cosmos.



The move also comes amid growing retail and institutional interest in the TON blockchain, which has seen increased visibility through integrations with Telegram's wallet and mini-app ecosystem.



Read Next: • <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348745/crypto-users-prioritize-investment-education-over-consumption-nexo-report-finds">Crypto Users Prioritize Investment, Education Over Consumption, Nexo Report Finds</a>







Photo: Shutterstock

Staking TON Just Got Easier — But What Risks Still Remain In The Ecosystem?

Cryptocurrency markets are trading higher on Thursday, with Bitcoin making a new all-time high beyond the $113,000 mark.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$113,643.97</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,821.43</td></tr><tr><td>Solana</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$159.60</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.49</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.1866</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001286</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows Bitcoin's large transaction volume increasing by 7.2% and daily active addresses falling by 2.09%. Transactions greater than $100,000 are up from 10,812 to 11,403 in a single day. Exchanges netflows are down by 202.9%.</li>



<li>Coinglass data reports 155,737 traders were liquidated in the past 24 hours for $647.46 million.</li>



<li>The top gainers over the past 24 hours include Pudgy Penguins (CRYPTO: PENGU), Sui (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SUI</a>) and Virtuals Protocol (CRYPTO: VIRTUAL).</li>
</ul>



Notable Developments:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348745/crypto-users-prioritize-investment-education-over-consumption-nexo-report-finds">Crypto Users Prioritize Investment, Education Over Consumption, Nexo Report Finds</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46351536/you-can-stake-ethereum-solana-on-robinhood-but-is-it-worth-the-25-cut">You Can Stake Ethereum, Solana On Robinhood—But Is It Worth The 25% Cut?</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348748/bitcoins-booming-coinbases-167-rally-says-told-you-so">Bitcoin&#8217;s Booming &#8211; Coinbase&#8217;s 167% Rally Says &#8216;Told You So&#8217;</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46342334/this-ethereum-whale-trader-went-from-a-26-million-unrealized-gain-to-a-700000-loss-in-just-1-month">This Ethereum Whale Trader Went From A $26 Million Unrealized Gain To A $700,000 Loss In Just 1 Month</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46339302/circle-reportedly-integrating-usdc-with-jack-mas-ant-group">Circle Reportedly Integrating USDC With Jack Ma&#8217;s Ant Group</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46340086/bitrue-backs-politically-linked-stablecoin-usd1-despite-expected-pushback-over-trump-ties">Bitrue Backs Politically-Linked Stablecoin USD1 Despite Expected Pushback Over Trump Ties</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46335273/elizabeth-warren-says-critical-that-trumps-superhighway-of-crypto-corruption-be-shut-down">Elizabeth Warren Says Critical That Trump&#8217;s &#8216;Superhighway Of Crypto Corruption&#8217; Be Shut Down</a></li>
</ul>



Trader Notes: Crypto trader Kaleo believes the real breakout, or god candle, is expected once Bitcoin decisively breaks above the major resistance level that has held since its 2021 highs. The trader believes it is getting very close.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> / <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Real god candle will happen when we break above this resistance dating back to the 2021 highs. Almost there. <a href="https://t.co/aTM5JUck6y">pic.twitter.com/aTM5JUck6y</a>&mdash; K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1943365769170915337?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Crypto analyst Kevin<a href="https://x.com/Kev_Capital_TA/status/1943367068138569976"> sees</a> the lag between global liquidity expansion and Bitcoin&#8217;s price response is unfolding exactly as projected. It took 106 days, just shy of the 110-day maximum lag time mapped out. Now, all eyes are on what BTC can do with this perfect timing alignment.



Michael van de Poppe highlighted that the bearish divergence on Bitcoin dominance is starting to confirm. While a slight further drop is needed for full validation, it&#8217;s becoming clear that a risk-on appetite is returning, potentially signaling a shift in momentum toward altcoins.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The bearish divergence on the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> dominance starts to confirm. Still needs to go slightly lower, but it&#39;s evident that the risk-on appetite is coming. <a href="https://t.co/Cv7wD68VFZ">pic.twitter.com/Cv7wD68VFZ</a>&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1943377179091570883?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46352378/bitcoin-breaks-above-113000-but-there-is-a-catch">Bitcoin Breaks Above $113,000&#8230;But There Is A Catch</a></li>
</ul>



Image: Shutterstock

Bitcoin Smashes All-Time High At $113,000 As Ethereum, XRP, Dogecoin Race Higher

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) just smashed past $113,000, marking yet another all-time high in a blockbuster year for crypto bulls. But perennial Bitcoin critic and gold advocate Peter Schiff has a different take: cash in on <a href="https://www.benzinga.com/crypto">crypto's parabolic run</a> and rotate into silver before the metal&#8217;s "next big leg up."



His advice, posted on X, may sound old-school, but there&#8217;s a method to the metallic madness.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">With Bitcoin hitting new highs today (in dollars), it&#39;s a great time to sell some and buy silver ahead of silver&#39;s next big leg up. Even if Bitcoin keeps rising for a while, silver should rise much more. And while Bitcoin can easily crash, silver&#39;s downside seems very limited.&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1943349876999246070?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



"Even if Bitcoin keeps rising for a while, silver should rise much more. And while Bitcoin can easily crash, silver&#8217;s downside seems very limited," said Schiff.



Read Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46345201/bitcoins-rally-to-112000-yes-its-different-this-time">Bitcoin&#8217;s Rally To $112,000: Yes, It&#8217;s Different This Time</a>



<h2 class="wp-block-heading">Bitcoin Vs. Silver: 2025's Tale Of Two Charts</h2>



So far in 2025, Bitcoin has surged 21.5%, driven by ETF inflows, institutional FOMO, and ongoing optimism about rate cuts. Meanwhile, silver &#8211; via the iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>) &#8211; has risen a solid 25%, climbing from under $26 to above $33 per ounce.



Schiff, a long-time Bitcoin critic, believes the current momentum in crypto is speculative and unsustainable, pointing to silver's relative underperformance as an opportunity for value rotation. With Bitcoin hitting new highs and showing signs of overextension on technical charts, Schiff argues that silver's upside could now outpace Bitcoin's, especially if macro headwinds re-emerge.



5-year returns comparison:



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Asset</th><th>5-Year Return (approx.)</th></tr></thead><tbody><tr><td>Bitcoin</td><td>+1,128%</td></tr><tr><td>Silver</td><td>+96%</td></tr></tbody></table></figure>



Data Source: Google Finance



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="520" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141938/Screenshot-2025-07-10-at-11.49.12-PM-1024x520.png" alt="" class="wp-image-980593" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141938/Screenshot-2025-07-10-at-11.49.12-PM-1024x520.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141938/Screenshot-2025-07-10-at-11.49.12-PM-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141938/Screenshot-2025-07-10-at-11.49.12-PM-768x390.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141938/Screenshot-2025-07-10-at-11.49.12-PM.png 1129w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



Source: TradingView



Silver's chart indicates bullish consolidation, characterized by rising volume and momentum indicators that are trending upward. The breakout above $36 just opened the door to the $40–$45 zone.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0710"><img loading="lazy" decoding="async" width="629" height="489" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141953/Screenshot-2025-07-10-at-11.46.00-PM.png" alt="" class="wp-image-980594" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141953/Screenshot-2025-07-10-at-11.46.00-PM.png 629w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/10141953/Screenshot-2025-07-10-at-11.46.00-PM-300x233.png 300w" sizes="(max-width: 629px) 100vw, 629px" /></a></figure>



<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0710">Chart created using Benzinga Pro</a>



Bitcoin, in contrast, shows a nearly overbought RSI (relative strength index) and divergence risk, suggesting a cooling phase may be near.



<h2 class="wp-block-heading">The &#8216;Rotation Trade&#8217; in Action</h2>



For investors who've ridden the Bitcoin wave, Schiff's logic is simple: take profits at the top, redeploy into an undervalued, real-asset hedge with industrial tailwinds and limited downside. Think of it as trading digital sizzle for tangible shine.



Is Schiff right? That depends on whether you believe crypto's current climb is the start of a new paradigm—or just another peak before the plunge.



Either way, silver's case is quietly strengthening. And Schiff isn't whispering &#8211; he's ringing the bell.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348748/bitcoins-booming-coinbases-167-rally-says-told-you-so">Bitcoin&#8217;s Booming &#8211; Coinbase&#8217;s 167% Rally Says &#8216;Told You So&#8217;</a></li>
</ul>



Photo: Shutterstock

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