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Bitcoin's third flop at $110K puts bulls at risk: BTC price levels to watch

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Phoenix FIRE investors allege exit scam, owner moves to dismiss case

Daniel Ianello, a man accused of orchestrating an exit scam involving a crypto project known as The Phoenix, has filed a motion to dismiss a lawsuit brought against him in Tennessee federal court.
According to the complaint, Ianello allegedly took over Phoenix Community Capital in October 2022
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Bitcoin price can hit $150K in weeks thanks to Trump's 'Big Beautiful Bill'

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Belgium crypto kidnapping case leads to three 12-year jail sentences

A Belgian court has sentenced three people for their roles in a cryptocurrency-related kidnapping targeting the wife of local crypto entrepreneur Stéphane Winkel.
The Brussels Criminal Court handed down 12-year prison sentences to three kidnappers who attacked Winkel’s wife in December 2024, local
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How Zelensky’s ‘suit’ became the center of a massive Polymarket fight

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$20M crypto scam victim who sued Citibank says 2 more banks liable

The self-claimed victim of a crypto romance scam who recently sued Citibank for failing to catch red flags has just filed a second lawsuit targeting two other banks
Michael Zidell sued East West Bank and Cathay Bank in a California federal court on Tuesday, accusing the banks of turning “a blind e
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Bitcoin solo miner banks $350K with 2.3 petahash in ‘incredible odds’

Another solo Bitcoin miner has just hit the jackpot, mining an entire Bitcoin block with a relatively low-powered rig and netting themselves just under $350,000 in Bitcoin
Bitcoin historian Pete Rizzo said the solo miner “beat incredible odds” on Thursday to mine an entire block. The
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US Republicans declare ‘Crypto Week’ to mull 3 crypto bills

US Republican House leaders have pledged to consider three key crypto bills starting in mid-July as part of a regulatory “Crypto Week.”
House Finance Committee Chair French Hill, House Agriculture Committee Chair Glenn Thompson and Speaker Mike Johnson said on Thursday that they’d use the week of J
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Bitcoin must hold above $108K or risk a bearish spiral

Bitcoin needs to keep its momentum as it approaches its all-time high, as a drop back to $108,000 could trigger a bearish downtrend, according to a trader.
“You don’t want to see this deviate back below $108K again at this point,” crypto analyst Daan Crypto Trades said on Thursday, adding that Bitc
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Bitcoin miner production falls in June on power curtailment, weather

Several Bitcoin mining firms reported lowered BTC production in June, mainly due to power curtailment in Texas.
Riot Platforms produced 450 Bitcoin (BTC) in the month, a 12% decline from May, when the firm mined 514 BTC, it stated in an announcement on Thursday.
Riot CEO Jason Les said the firm’s
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Bitcoin price aims for new highs but ‘divergences’ set $110K as resistance

Key takeaways:
Bitcoin shows bearish divergences on multiple time frames, signaling weak bullish momentum and a potential pullback.
Some traders anticipate a rally above $112,000, but increasing sell pressure and liquidity sweeps suggest the breakouts are traps.
Bitcoin (BTC) price rallied
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Tornado Cash co-founder keeps testimony plans unclear ahead of trial

Roman Storm, one of the co-founders and developers behind the cryptocurrency mixing service Tornado Cash, appeared in a video interview as his US criminal trial is expected to begin in less than two weeks.
In an interview released Wednesday by Crypto In America, Storm said his legal team intended t
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XRP news update: Ripple bank license application, chart pattern fuel potential rally to $2.65

Key point:
Ripple Labs’ application for a US banking license has acted as a catalyst for XRP, paving the way for a potential rally to $2.65.
Ripple Labs CEO Brad Garlinghouse said in a post on X that the company “is applying for a national bank charter” from the Office of the Comptroller of the C
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US Senator Cynthia Lummis drafts standalone crypto tax bill

United States Senator Cynthia Lummis submitted a draft bill on Thursday, outlining several provisions to overhaul the tax code and exempt certain digital asset transactions from taxation after crypto amendments failed to appear in the budget package.
The bill proposes a de minimis exemption for dig
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Leverage without letting go: How Bitcoin can unlock real-world freedom

What if you could use your Bitcoin (BTC) to buy a house, fund a child’s education or invest in a new business, without ever selling it?
In the latest episode of the Clear Crypto Podcast, the CEO of Lever, Jullian Duran, makes the case for a new kind of financial firepower; using Bitcoin not to cas
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