Crypto World
Altcoin Season Index Signals Growing Momentum Beyond Bitcoin
Coin Glass’s Altcoin Season Index has climbed to 58, building on a June 4 spike that hit 64, a signal that capital may be starting to rotate out of Bitcoin and into the broader altcoin market.
The Altcoin Season Index tracks how many top cryptocurrencies by market capitalization have outperformed Bitcoin over a trailing 90-day window. It scores the market from 0 to 100. A reading above 75 marks a confirmed altcoin season
A Gauge That’s Been Trending Higher
Coin Glass’s current reading of 58 on the altcoin index sits well above the neutral midpoint, but not strongly enough to erode Bitcoin’s dominance in the market which is at 57%, according to CoinGecko.
Determining an altcoin season is not an exact science as CoinMarketCap’s version of the index tells a similar but more cautious story. It measures a similar basket of coins and currently holds at a more neutral 53.
The gap between the two trackers isn’t unusual, since each provider weighs its coin universe and lookback window slightly differently.
Bitcoin’s own price action adds weight to the rotation case. BTC dominance has spent recent weeks testing key support levels. Some traders see a breakdown there as the trigger altcoin season needs.
Bitcoin Dominance Cracks as Capital Moves
The index’s climb lines up with a broader shift in market structure. Bitcoin’s dominance fell from 58.12% to roughly 54% in early July, according to CryptoRank data. The same source has BTC dominance currently at 56.3%. Over the same stretch, the combined market share of altcoins outside Bitcoin, Ethereum, and stablecoins expanded from 19.39% to 24.68%.
That said, not every recent signal points to organic altcoin strength. In late June, Glassnode flagged its own altcoin season signal returning to altcoin-season territory. The firm cautioned, though, that Bitcoin’s own sharp decline was driving most of that move, not genuine altcoin outperformance.
The rotation so far also looks selective rather than broad-based. Capital has concentrated in yield-bearing tokens and the Solana ecosystem, even as altcoin spot selling deepens across large parts of the smaller-cap market.
Institutional flows tell a more constructive story. In mid-June, ETF flows rotated toward altcoins, with fresh money moving into Ether, Solana, and XRP products even as Bitcoin funds saw outflows. That pattern typically precedes wider altcoin strength rather than confirming it outright.
That split between a rising index and weakening speculative appetite matters. It’s why most analysts describe the current move as a rotation building strength, not a confirmed altcoin season.
For now, the case rests on direction rather than confirmation. CoinGlass’s climb toward 58, paired with Bitcoin’s price action losing some grip on total market share, gives the rotation thesis real data behind it.
Whether it continues toward the 75 threshold will likely hinge on whether Bitcoin dominance keeps sliding through the rest of July.
The post Altcoin Season Index Signals Growing Momentum Beyond Bitcoin appeared first on BeInCrypto.
AI-enabled microbusinesses could provide a major boost for stablecoin transaction volumes as the global gig and freelance payment market grows, according to Australian crypto exchange Swyftx.
In a second-quarter industry report, Swyftx estimated the global gig and freelance payments market could reach $2.1 trillion by 2033, with AI-native workers accounting for $775 billion. Swyftx’s base-case model projected that $262 billion of the AI-native cohort’s payment volume could be settled in stablecoins, based on an assumed adoption rate of roughly 33%.
“We see the vibe-coding and AI economy as a significant potential tailwind for stablecoin use,” Pav Hundal, lead market analyst at Swyftx, told Cointelegraph.
“Adoption doesn’t happen just because the technology exists. It happens when the economics are compelling, and the rules are clear. For stablecoins, both of those conditions are now falling into place.”
Stablecoins, which have doubled in market cap over the past two years and hit a record $1.79 trillion in volume in June, have been a clear indicator of payment utility demand.
Freelancers are driving the growth
Swyftx said that the very smallest firms, those with fewer than five employees, are now among the fastest-moving in AI adoption, and the shift from larger company adoption has produced a new class of solo entrepreneurs.
These solo workers operate across borders, invoice frequently and settle in amounts that the conventional banking system and payment infrastructure were not optimized to handle, it said. They number between six and 10 million globally today but are projected to grow to 17 million over the next decade.
“A lot of these solo founders are going to be sensitive to remittance and transaction fees. It’s a potentially chunky market for stablecoins,” Hundal said.
Using stablecoins can save thousands of dollars in annual transfer fees. Source: Swyftx
Swyftx added that if its projections played out, “the institutional settlement layer beneath this — over-the-counter liquidity, custody and yield services for the platforms routing these payments — could capture a significant new revenue stream.”
Related: Stablecoin transaction volume hits record $1.79T in June
This theoretical revenue stream could be as much as $1.3 billion by 2033, assuming total transaction, liquidity and custody costs of 0.5%, it added.
Traditional methods too slow and expensive
Traditional cross-border rails charge high fees, have multiday settlement windows and exclude users in more than 50 countries.
Stablecoin transfers using Ethereum layer-2 networks can cut those fees by 80% to 90%, saving the average freelancer about 86% per year in transfer fees, Swyftx said in an example.
The agentic AI payment narrative could be another big driver of stablecoin volume, as AI agents cannot get bank accounts, so they will likely use crypto assets for payments.
Features: Robinhood L2 sparks ETH optimism, Saylor ‘muddies waters.’ Hodler’s Digest
US-listed spot Bitcoin exchange-traded funds (ETFs) posted a net inflow of $197.4 million for the week ended Friday, ending an eight-week run of weekly outflows that dated back to May, according to data compiled by Farside Investors.
While the reversal is meaningful for market sentiment, the scale of the latest inflow remains small relative to the broader drawdown from investors. The same dataset shows that since May 11, investors have withdrawn $8.26 billion from US spot Bitcoin ETFs, underscoring how much positioning still needs to rebuild.
Key takeaways
- Bitcoin spot ETFs recorded $197.4 million in net inflows for the week ended Friday, ending eight consecutive weeks of outflows.
- BlackRock’s iShares Bitcoin Trust (IBIT) led with $291.9 million in inflows, more than offset by outflows across other major funds.
- The rebound remains modest compared with $8.26 billion of net withdrawals since May 11.
- Analysts caution the signal may be too early, given ongoing flow headwinds and typical summer seasonal patterns.
- Spot Ether ETFs also turned positive, with $84.42 million in net inflows for the week, led by BlackRock and Fidelity.
Bitcoin ETF flows return to positive territory
Farside Investors data indicates that the week’s net inflow was driven largely by a strong performance in BlackRock’s iShares Bitcoin Trust, which reported $291.9 million in inflows. That buying was partially neutralized by outflows from several competitors, including the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund, and the ARK 21 Shares Bitcoin ETF.
In other words, the “end of the streak” was not evenly distributed across the market—one major product absorbed most of the demand while others continued to see redemptions. For traders and allocators, this matters because it can indicate where new institutional or advisor flows are currently concentrating, even if the broader ETF complex is still working through prior positioning.
Is the flow reversal signaling a sustained turn?
Some analysts view a shift from repeated outflows toward inflows as evidence that demand is stabilizing. Still, not everyone believes the ETF data alone is enough to call an inflection.
Cointelegraph highlighted that the broader environment may be more complex than one week’s headline. One argument is that ETF flows could be influenced by factors beyond spot demand—such as stablecoin movement patterns and August/September seasonality. According to the article, 10x Research founder and CEO Markus Thielen said it may be premature to assume a durable recovery based on recent data.
Thielen told Cointelegraph, “There’s also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half. Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin’s 9%+ jump, the headwinds remain in our view.”
That perspective frames the flow reversal as a potential early warning rather than a full confirmation. For readers, the practical takeaway is to watch whether positive ETF weeks continue consecutively and whether inflows broaden from a single dominant issuer into the rest of the complex. If inflows remain concentrated and short-lived, the market may revert to consolidation even if spot price action improves.
Thielen also pointed to the importance of aligning flow signals with price behavior. The latest weekly inflow of $197.4 million may look supportive, but it stands out against the much larger withdrawal figure of $8.26 billion recorded since May 11, as referenced via SoSoValue.
Technical vs. fundamental debate: bear-market timing remains contested
ETF flows are only one part of the picture. Elsewhere, analysts have been debating whether Bitcoin is moving through—and beyond—the most difficult part of the cycle.
Cointelegraph reported that Real Vision chief crypto analyst Jamie Coutts suggested in earlier coverage that Bitcoin may be approaching the latter stages of the bear market, citing early technical indications that selling pressure is easing.
Coutts said, “I think we’re getting through most of the bear market action. It’s still not over, clearly. But you know, I think we’re approaching at least the second half,” according to the same Cointelegraph reporting.
Yet other market participants remain more cautious about timing. Cointelegraph noted that Russell Thompson, chief investment officer at asset manager Hilbert Capital, believes Bitcoin is still in a downcycle and could revisit a low around October.
That contrast between “bear market later stages” and “downcycle lows still ahead” is a reminder that flow stabilization does not automatically translate into a finished market bottom. Price can improve while liquidity risks remain, especially if inflows are not broad-based across issuers or if redemptions resume quickly.
Ether ETF flows follow suit, but investors are still net out
The week’s positive momentum was not limited to Bitcoin. Cointelegraph reports that US-listed spot Ether ETFs also broke an eight-week outflow streak, posting $84.42 million in net inflows for the week ended Friday.
Farside Investors data cited in the article attributes the leading role to BlackRock and Fidelity’s Ether-focused products. Even so, the inflow magnitude remains relatively small compared with the larger withdrawal trend. The article notes that investors have pulled out $1.2 billion from Ether ETFs since May 11.
For portfolio managers, this matters because cross-asset ETF behavior can act as a barometer for overall institutional risk appetite. If both Bitcoin and Ether ETFs begin seeing sustained inflows, it could indicate a broader shift in allocation behavior. If only one asset repeatedly turns positive while the other continues to hemorrhage, it can suggest a more selective, thesis-driven buying environment rather than a sweeping re-risking cycle.
What to watch next is whether these ETF flow reversals extend into subsequent weeks—and whether outflows in the rest of the Bitcoin ETF lineup continue to fade rather than reappear. Until inflows become more persistent and less issuer-concentrated, investors may need to treat the latest improvement as a sign of stabilization rather than a confirmed trend reversal.
Federal Reserve Chair Kevin Warsh testifies before Congress twice this week, his first time as chair. His testimony coincides with a wave of major bank earnings and fresh inflation data.
The overlap creates one of the year’s most closely watched weeks for markets.
Warsh’s Testimony and Inflation Data
Warsh appears before the House Financial Services Committee on Tuesday, July 14, hours after the June Consumer Price Index report lands. He then testifies before the Senate Banking Committee on Wednesday, following the Producer Price Index release.
Both readings will shape how lawmakers interpret his stance on rates. The testimony follows Warsh’s first FOMC meeting in June where officials signaled openness to a rate hike if inflation stays elevated.
His remarks also arrive after economists trimmed recession odds while raising inflation forecasts. That combination leaves the Fed little room to ease policy this year. Warsh inherited the role from his predecessor’s final FOMC meeting, which left him a sticky inflation picture and a volatile energy market.
Bank Earnings Test Economic Health
JPMorgan, Bank of America, Wells Fargo, Goldman Sachs, and Citigroup all report their earnings Tuesday. The results give investors an early read on loan demand and credit quality.
Net interest margins and loan loss provisions will also draw close attention. The reports follow banks clearing the Fed’s annual stress test with capital levels intact.
Rest of the Week’s Wave of Things to Watch
Morgan Stanley, Johnson & Johnson, ASML, and United Airlines report Wednesday. Morgan Stanley offers an investment banking view, while ASML’s order book will signal AI-driven chip demand.
Taiwan Semiconductor, Netflix, UnitedHealth, and GE Aerospace follow on Thursday. TSMC’s results carry particular weight after a stretch in which semiconductor stocks outpaced Big Tech. Netflix will test subscriber growth against a tougher streaming market, and UnitedHealth faces continued scrutiny over medical cost trends.
Thursday also brings June retail sales data. The reading offers a final consumer health check for the week. It arrives as markets weigh inflation risk against growth concerns during a period of sector rotation toward defensive names.
The post What to Watch This Week as Warsh Testifies and Bank Earnings Flood In appeared first on BeInCrypto.
Crypto markets have largely held on to gains over the weekend, but were looking a little shaky on Monday morning as traders digested the latest developments between the US and Iran.
The US has launched several waves of strikes on Iran over an Iranian attack on another container ship in the Strait of Hormuz. Iran has declared the Strait closed, while President Trump said otherwise.
Meanwhile, some heavy inflation reports could further rattle sentiment and add to the volatility as the bear market drags on.
“Q2 2026 earnings season has arrived, and Strait of Hormuz tensions are mounting again,” said the Kobeissi Letter.
Economic Events July 13 to 17
US Central Command reported on Monday morning that forces began launching more strikes against Iran “to continue degrading their ability to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.”
Crude oil prices were up around 4%, with WTI and Brent hitting $74.50 and $79, respectively, while US stock futures opened slightly lower.
June’s Consumer Price Index (CPI) inflation data is due on Tuesday, which could add to the market volatility. This is followed by the Producer Price Index (PPI) data out on Wednesday, measuring wholesale inflation.
Year-on-year measures for both headline CPI and PPI are expected to rise by 3.8% and 6.2%, respectively, reported Yahoo Finance. Rising inflation will put more pressure on the Federal Reserve to hike rates, which is bad news for risk-on assets such as crypto. The escalation of military action in the Middle East is also not good for dampening inflation concerns.
June Retail Sales data and July Philly Fed Manufacturing Index reports are due on Thursday, followed by July’s Michigan Inflation Expectations and Consumer Sentiment reports on Friday.
Key Events This Week:
1. Markets React to Strait of Hormuz Closure – Today, 6 PM ET
2. June CPI Inflation data – Tuesday
3. June PPI Inflation data – Wednesday
4. June Retail Sales data – Thursday
5. July Philly Fed Manufacturing Index – Thursday
6. July MI Inflation…
— The Kobeissi Letter (@KobeissiLetter) July 12, 2026
Several Wall Street banks and finance giants are reporting Q2 earnings this week, including JPMorgan Chase, Goldman Sachs, Bank of America, Wells Fargo, and Citibank on Tuesday, followed by Morgan Stanley and BlackRock on Wednesday.
Crypto Market Outlook
Total market capitalization has remained steady over the weekend, hovering around $2.26 trillion with a very minor dip on Monday morning after the latest airstrikes.
Bitcoin had held ground just above $64,000 for the past 12 hours or so but dipped to $63,400 during early trading, where it remains at the time of writing.
Ether prices fared a little better, holding above $1,800 for most of the past day following a 15% gain over the past fortnight. Escalation of conflict and higher inflation this week could send both much lower.
The post 4 Things That Could Impact Crypto Markets This Week appeared first on CryptoPotato.
Spot Bitcoin exchange-traded funds listed in the United States logged their first net inflow in eight weeks, according to Farside Investors data. For the week ended Friday, these products collectively recorded $197.4 million in net inflows—ending a streak of weekly outflows that began in May.
While the shift is notable, the broader picture remains mixed. Analysts told Cointelegraph that it may be premature to read too much into a single weekly turnaround, especially given the scale of prior withdrawals and ongoing questions around institutional demand.
Key takeaways
- US spot Bitcoin ETFs saw net inflows of $197.4 million for the week ended Friday, ending an eight-week period of weekly outflows.
- BlackRock’s iShares Bitcoin Trust accounted for the majority of the inflows, with $291.9 million, while several other funds posted outflows.
- Despite the reversal, total withdrawals since May 11 remain very large—$8.26 billion, according to SoSoValue.
- Ether spot ETFs also broke an eight-week losing streak, but net inflows were comparatively small versus cumulative outflows.
Bitcoin ETF flows turn positive—but the damage is still large
Farside Investors data shows most of the week’s inflows came from BlackRock’s iShares Bitcoin Trust ETF, which recorded $291.9 million in net purchases. That inflow was partially offset by outflows from Grayscale’s Bitcoin Trust, Fidelity’s Wise Origin Bitcoin Fund, and the ARK 21 Shares Bitcoin ETF.
Even with this end to the outflow streak, the magnitude of recent history matters. SoSoValue data cited in the reporting indicates investors have withdrawn $8.26 billion from US-listed spot Bitcoin ETFs since May 11. Against that backdrop, the $197.4 million weekly inflow can be seen as an early sign of stabilization rather than a full reversal of sentiment.
What analysts say: recovery may be tentative
Cointelegraph highlighted that the change in weekly flows could indicate institutional demand for Bitcoin is starting to recover after two months of sustained selling pressure. Still, not everyone thinks investors should interpret one week as a lasting trend.
Markus Thielen, founder and CEO of 10x Research, said it may be too early to conclude that the bearish flow cycle is over. He pointed to ongoing uncertainty around ETF flows and also the broader context of stablecoin flows, while noting seasonal patterns in August and September that can affect market behavior.
Thielen also referenced a recurring market pattern: Bitcoin historically tends to perform better in the first half of the month and then consolidates later. In his view, with “flows still pronounced” and ETF inflows not yet “meaningfully pick[ing] up,” headwinds remain.
That assessment underscores a key issue for traders and long-term allocators alike: the market may be reacting to improving conditions, but the inflow data is not yet strong enough to confirm a durable turn.
ETF trend vs. broader market debate on Bitcoin’s cycle
The weekly flow reversal arrives as parts of the market continue debating where Bitcoin sits within the broader cycle. Cointelegraph reported that Real Vision chief crypto analyst Jamie Coutts said Bitcoin could be entering the latter stages of the bear market, citing early technical signs that selling pressure may be easing.
At the same time, other analysts argue that further downside could still be ahead. Russell Thompson, chief investment officer at asset manager Hilbert Capital, told Cointelegraph that he views Bitcoin as remaining in a downcycle and suggested a potential low around October.
Taken together, the ETF data shift provides one piece of evidence that could support a stabilization narrative, but it does not settle the larger disagreement over the timing and depth of the next phase of the market.
Ether spot ETFs also reverse—yet outflows still dominate
Bitcoin wasn’t the only product showing a flow improvement. US-listed spot Ether ETFs also ended an eight-week losing streak, recording $84.42 million in net inflows for the week ended Friday. The inflows were led by BlackRock and Fidelity’s Ether funds.
However, as with Bitcoin, cumulative flow history remains the more important benchmark. The reporting notes that investors withdrew $1.2 billion net from US spot Ether ETFs since May 11. That puts last week’s $84.42 million inflow into sharper perspective: it is a reversal at the margin, but not enough on its own to indicate that the larger outflow trend has ended.
For investors tracking broader crypto adoption through regulated wrappers, this matters because it suggests a tentative bid for both assets—without yet demonstrating the sustained allocation increases that would typically be required to fully counteract prior selling pressure.
Looking ahead, investors will likely want to watch whether weekly ETF inflows can build beyond isolated reversals, and whether stablecoin and broader flow indicators confirm that demand is returning rather than merely reacting to short-term market moves.
Ether (ETH) climbed to 0.02858 BTC this week, breaking above a resistance level that has held since June. Bitmine chairman Tom Lee called the breakout a signal that crypto is turning a corner.
Lee has tracked this ratio for months as a barometer for the wider market. He argues the move points to a shift that is already underway.
Why Lee Sees a Turning Point
Lee ties the rise to growth in stablecoins, tokenization, and new Ethereum spinoff projects. He also cites falling oil prices and progress on the CLARITY Act as supportive factors.
“There are reasons for ETH/BTC price ratio to rise in 2H2026, in short, ETH is money narrative likely gains traction.”
— Tom Lee, Fundstrat
Bitmine has been a big supporter of Ethereum, and kept buying ether through a heavy accumulation phase. Although Lee recently hinted its aggressive accumulation phase is nearing an end. Lee also tied a separate ether selloff earlier this quarter to routine quarter-end window dressing rather than weakening fundamentals.
Traders often treat the ETH/BTC ratio as a proxy for risk appetite across the wider altcoin market. A sustained climb would suggest capital is rotating out of Bitcoin and into higher-beta tokens. That pattern historically accompanies broader alt season rallies.
The Weaker Story Underneath
The ETH/BTC ratio touched 0.15 only briefly, at its 2017 peak, and has stayed below that level since. Lee’s $250,000 ether target would push the ratio above 25 times that 2017 high, based on current Bitcoin prices.
The pair still sits 7.72% lower over the past three months, even after this week’s bounce. Spot ether funds also posted a seven-week outflow streak in late June, a trend that has only partly reversed.
Whether the breakout holds through 2026 will show if Lee’s revival call was early or simply too soon.
The post Tom Lee Says ETH/BTC Breakout Signals Crypto’s Big Comeback appeared first on BeInCrypto.
SK Hynix stock saw a double-digit decline in Seoul on Monday, after the memory chipmaker’s notable Nasdaq debut, as a broad selloff hit Asian equities.
The pullback tracked a wider retreat across Asian markets, as renewed US strikes on Iran and a contested Strait of Hormuz pushed oil prices higher.
SK Hynix Nasdaq Debut Meets a Seoul Selloff
SK Hynix (000660) fell as much as10% during Monday trading in Seoul. The stock ranks among the heaviest weightings on the KOSPI index.
The latest decline followed the chipmaker’s listing on the Nasdaq on Friday. The company’s American depositary receipts, or ADRs, were priced at $149, raising $26.5 billion.
The offering ranks as the largest US debut by a foreign company. The sale trailed only SpaceX’s $75 billion Nasdaq debut last month.
Notably, SK Hynix depositary receipts climbed roughly 13% Friday in New York to close at closing at $168.01 on strong demand.
Iran Strikes Rattle Asian Markets
SK Hynix’s decline was part of a broader selloff. Samsung Electronics fell 4.21%, compounding pressure on the KOSPI, which slid 5.84% to 7,033. In Japan, the Nikkei 225 lost 0.96%, and the Topix eased 0.16% to 4,029.67.
Follow us on X to get the latest news as it happens
The decline came as US-Iran tensions escalated over the weekend. Iran declared the Strait of Hormuz closed.
US Central Command rejected the closure claim and said vessels could transit. It also confirmed a fresh round of strikes on Iranian forces. CENTCOM described the operation in a post on X.
“US Central Command forces began launching more strikes against Iran to continue degrading their ability to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz,” the post read.
The latest escalation, while weighing on equities, lifted oil prices. WTI crude rose 4.43% to $74.58, while Brent gained 4.35% to $79.32.
The full impact on chip stocks will surface once US markets open and the SK Hynix ADRs resume trading.
Subscribe to our YouTube channel to watch leaders and journalists provide expert insights
The post SK Hynix Shares Shed 10% in Seoul Amid Broad Asian Rout appeared first on BeInCrypto.
The traditional crypto exchange experience is anything but simple. You need to create an account, then verify your email, and submit identity documents. Then wait for approval and set up two-factor authentication. Deposit funds. Withdraw to your wallet. The process can take days and goes on and on before you actually own the asset you wanted.
For many users, this process can be completely unnecessary. Not everyone wants to trade on margin or place limit orders. Some just want to swap one cryptocurrency for another; quickly, privately, and without the overhead of creating yet another online account.
GhostSwap offers exactly that. It’s a non-custodial “instant swap” platform that lets users exchange cryptos without creating an account or providing personal information.
The process actually can’t be more simple: choose a pair, enter a destination address, send the source coin to a one-time deposit address, and receive the new coin, typically within minutes. No email, and no KYC. Just a swap.
What Is GhostSwap?
GhostSwap is a non-custodial swap aggregator that connects user transactions across multiple liquidity sources to find the best available rate. GhostSwap never takes long-term control of user assets, unlike centralized exchanges. Funds move directly from the user’s wallet through the swap process and land in the destination wallet.
GhostSwap supports over 1,600 tokens across major blockchains, including Bitcoin, Ethereum, Solana, Polygon, and (maybe most importantly) privacy-focused assets like Monero (XMR) and Zcash (ZEC). This deep support for privacy coins sets GhostSwap apart from many competitors that have delisted these assets due to regulatory pressure.
Key features, or let’s say, unique selling points, include:
- No signup, no email, no KYC for standard swaps
- 1,600+ supported assets across multiple chains
- Telegram bot for swaps without leaving the messaging app
- Public API for developers and business integrations
- Flat 2% fee quoted upfront, included in the exchange rate
GhostSwap has processed over $750 million in swaps for around 1.5 million users. The company is registered as a Delaware LLC and operates as an anonymous crypto exchange that prioritizes user privacy and simplicity.
How GhostSwap Works
The user experience is intentionally minimal. Here’s what actually happens during a swap:
Step 1: Choose the Coins You Want to Swap
Users begin by selecting a coin to send and a coin to receive from drop-down menus. The interface supports cross-chain swaps, for example, Bitcoin to Solana or Ethereum to Monero. The source and destination assets can be on completely different blockchains; GhostSwap handles the bridge behind the scenes.
Step 2: Enter a Destination Wallet Address
The only information GhostSwap requires is a receiving wallet address for the output coin. There’s no account creation, no email verification, and no identity documents. Just paste the address where you want your funds to land.
Step 3: Send Your Crypto
Once the user confirms the swap details, GhostSwap generates a unique one-time deposit address. The user sends their source coin to this address directly from their own wallet. The address is temporary and tied exclusively to that specific transaction.
Step 4: Receive the New Asset
After the blockchain confirms the deposit, GhostSwap’s backend automatically executes the swap across its liquidity sources and sends the output coin to the user’s provided destination address. The entire process is on-chain and non-custodial.
Step 5: Verify the Transaction
Users can track their swap’s progress through GhostSwap’s status page or, if using the Telegram bot, through real-time updates in the chat. Once the transaction is complete, the funds are in the user’s wallet; no further action required.
Typical completion times range from a couple of minutes for fast chains like Solana or Polygon to about 30 minutes for slower chains like Bitcoin, depending on network congestion. GhostSwap warns users to have a bit of the chain’s native gas token (e.g., ETH) in their sending wallet to cover network fees.
The User Experience: What Makes GhostSwap Different?
Compare the GhostSwap workflow to a traditional exchange:
Traditional Exchange:
- Create account
- Verify email
- Complete KYC (submit ID, wait for approval)
- Set up 2FA
- Navigate to trading pair
- Place order
- Wait for execution
- Withdraw to wallet
GhostSwap:
- Select pair
- Enter destination address
- Send funds
- Receive coins
That’s it. Four steps instead of eight or more. No password management, no identity verification, no account recovery processes to remember. Fewer steps between intent and execution means less friction and a faster experience.
Supported Coins, Networks, and Privacy Assets
GhostSwap supports over 1,600 coins and tokens across numerous blockchains. The platform’s official documentation promotes cross-chain swaps, for example, Bitcoin to Solana or Ethereum to Polkadot, and specifically lists privacy coins like Monero (XMR) and Zcash (ZEC) among supported assets.
Monero (XMR) support: GhostSwap includes XMR as both a send and receive option. Pairs like BTC to XMR and ETH to XMR are listed among the platform’s top offerings. For users who value financial privacy, this is a pretty big advantage; Monero is the leading privacy coin, and its availability on GhostSwap means users can move in and out of it without creating a paper trail on a centralized exchange.
Zcash (ZEC) support: Similarly, Zcash appears in GhostSwap’s supported pairs list (BTC to ZEC, ETH to ZEC, USDT to ZEC, etc.) on the platform’s “All pairs” page. Zcash offers shielded transactions that hide sender, receiver, and amount; another option for privacy-conscious users.
The platform aggregates liquidity from multiple providers, so depth varies by coin. No official liquidity numbers are published, but GhostSwap claims to find “the best rates across multiple liquidity providers.” For smaller swap sizes (e.g., under several BTC worth), adequate liquidity should be available.
Privacy coins may be more thinly traded on global markets than majors like BTC or ETH, but GhostSwap’s aggregator model helps source liquidity where it exists.
GhostSwap’s Fee Structure
GhostSwap charges a flat 2.0% baseline fee (spread) on every swap, built directly into the quoted rate. Users see this fee upfront as part of the exchange rate and the final receive amount. For example, on a $10,000 swap, the implied cost is roughly $200, plus normal on-chain gas fees.
How the Fee Is Quoted Upfront
When a user selects a pair and enters an amount, the interface immediately shows the estimated output amount and the total fee. GhostSwap explicitly highlights that all fees are “included directly in the exchange rate displayed” before confirmation; no hidden charges appear at checkout.
Are There Additional Costs?
Standard blockchain network fees (miner/gas fees) are extra and come from the user’s wallet. These are not GhostSwap fees but rather costs inherent to sending any on-chain transaction. Additionally, if the market moves dramatically before the deposit confirms, extreme cases of slippage could occur; though GhostSwap does re-quote if confirmations take a long time.
Comparing Fixed-Fee Simplicity to Exchange Pricing
GhostSwap’s 2% fee is higher than some competitors. Changelly advertises fees around 0.25%, Godex charges approximately 0.5%, and FixedFloat offers 1% for fixed-rate and 0.5% for floating-rate swaps.
However, these platforms may not support the same range of privacy coins, may require accounts for certain features, or may have less transparent fee structures. GhostSwap’s simplicity (one flat rate, no tiers, no surprise charges) is good for users who want to know exactly what they’re paying before they commit.
Is GhostSwap Legit?
This is arguably the most important question for any user considering a new crypto platform.
What “Legit” Means in Crypto Swapping
In the context of instant swaps, legitimacy doesn’t mean guaranteed safety or regulatory approval. It means the platform delivers what it promises (fast, private, on-chain swaps) without scamming users or failing to execute transactions.
Signs That Users Commonly Look For
GhostSwap provides a public website and extensive documentation, a transparent swap process, a published API, a functional Telegram bot, and user-facing support channels. The platform has been operational for years and has processed over $750 million in swaps for approximately 1.5 million users.
Independent reviews and user reports generally confirm that swaps execute as advertised.
The Non-Custodial Element
GhostSwap is strictly non-custodial. It never takes long-term custody of user funds. Instead, each swap goes through a temporary deposit address: the user’s coins are sent from their wallet to this address, and immediately upon confirmation, GhostSwap releases the new coins from an upstream liquidity source into the user’s receiving wallet.
No pooled account is ever held on GhostSwap. This avoids many hacking risks associated with centralized exchanges, where large pools of customer funds become attractive targets.
What GhostSwap Does and Doesn’t Promise
GhostSwap delivers fast, anonymous crypto swaps with minimal friction. It does not promise to be the cheapest option, to provide advanced trading features, or to offer regulatory protection in every jurisdiction. Users should treat it as an advanced tool (ideal for moving privacy coins or cross-chain trades) and use small test amounts until comfortable.
Privacy and KYC: How Does GhostSwap Handle Identity Verification?
A core GhostSwap promise is no KYC. The site and terms repeatedly state that users need provide only a destination address; no name, ID, email, or phone. GhostSwap is an anonymous crypto exchange in the sense that it doesn’t collect identity-linked data from users. As one Binance.com guide puts it, GhostSwap has “zero registration, no identity documents.”
However, “no KYC” does not mean no compliance. GhostSwap is a Delaware-registered LLC and explicitly works with licensed crypto processing partners to handle AML/sanctions screening. In practice, each transaction is shared with these partners for automated checks. If a swap is flagged (e.g., for high value or hitting a blacklist), GhostSwap reserves the right to block, reject, or refund it.
The terms of use warn users that transactions may be subject to AML/KYC compliance “by licensed third parties.”
Information Users Are Not Required to Provide
Information needed to trade on GhostSwap is really simple; no email, no name, no address, no ID documents, no phone number. Users can even access GhostSwap via Tor or VPN without issue, which further enhances privacy.
Situations Where Compliance Obligations Could Arise
If a transaction is flagged by automated systems (often due to large size, unusual patterns, or connections to known suspicious addresses) GhostSwap may delay, block, or refund the swap. In some cases, third-party compliance partners may request additional information. This is relatively rare for standard swaps but is explicitly covered in GhostSwap’s terms.
Security Considerations Before Using Any Instant Swap Service
Even though GhostSwap’s non-custodial design eliminates many hacking risks, users should be aware of the risks that remain:
Verify Wallet Addresses Carefully
Once a transaction is sent to a blockchain address, it cannot be reversed. Mistyping a destination address or selecting the wrong network can result in permanent loss of funds. Always double-check addresses before confirming a transaction.
Double-Check Network Compatibility
Sending a coin to an address on the wrong network (e.g., sending BSC tokens to an Ethereum address) can result in loss. GhostSwap provides warnings, but the final responsibility lies with the user.
Start With a Small Test Transaction
Before swapping a large amount, send a small test transaction to verify that the address is correct, the network is compatible, and the swap executes as expected. This is standard practice in crypto and costs little in fees.
Understand Blockchain Confirmation Delays
Swap completion times depend on network confirmations. Bitcoin transactions can take 10–30 minutes; faster chains like Solana complete in seconds. If a transaction is delayed, it’s usually due to network congestion rather than a platform issue.
Keep Control of Your Private Keys
GhostSwap never asks for private keys. If any platform requests your private keys, it’s a scam. GhostSwap’s non-custodial design means the user remains in control of their funds throughout the process.
Beyond the Website: Telegram Bot and Public API
Using GhostSwap Through Telegram
Launched in 2025, the @GhostSwapBot on Telegram allows swaps without a browser. The bot mirrors the web UI: users start a chat, select coins, enter an amount, paste a destination address, and get a deposit address from the bot.
Real-time updates are shown as the swap proceeds. This integration allows users to swap without even leaving Telegram; a standout feature few swap platforms offer.
The Public API
GhostSwap exposes a server-to-server API for business integrations (wallets, apps). GhostSwap’s API is authenticated by bearer tokens. Key endpoints include:
- /v1/quotes (get price quote)
- /v1/addresses/validate (validate a payout address)
- /v1/swaps (create a swap)
The docs stress idempotency (retry safety) and real-time status polling. Rate limits are generous: up to 120 requests per second per IP and 30 requests per second per API key. Partners can quickly integrate swaps into apps with high throughput.
Why These Tools Matter
The Telegram bot and API expand GhostSwap beyond a standard web interface. Users can swap from anywhere – even from a messaging app – and developers can integrate GhostSwap’s swap functionality into their own applications, wallets, and services.
Who Is GhostSwap Best Suited For?
GhostSwap serves several distinct user profiles:
Privacy-Conscious Users
People who value financial privacy and don’t want their transactions linked to their identity. GhostSwap’s no-KYC model and support for privacy coins like Monero and Zcash make it an attractive option.
Users Making Occasional Swaps
For users who swap crypto infrequently – perhaps a few times a year – creating accounts on multiple exchanges is overkill. GhostSwap’s pay-as-you-go model is ideal for occasional needs.
People Who Want to Avoid Exchange Onboarding
Account creation, email verification, KYC, and 2FA setup can take days. GhostSwap eliminates all of this.
Developers and Service Operators Using the API
Businesses and developers integrating crypto swaps into their applications can use GhostSwap’s API to add swap functionality without building their own liquidity infrastructure.
Users Swapping Into or Out of XMR and ZEC
GhostSwap maintains support for privacy coins that many exchanges have delisted. For users who need to move into or out of Monero or Zcash, GhostSwap provides a reliable option.
Potential Drawbacks and Limitations
GhostSwap is not for everyone. Several limitations are worth noting:
- No advanced trading features: GhostSwap is designed for simple swaps, not trading. There are no order books, charting tools, limit orders, or margin trading.
- Not a full exchange account: Users cannot hold balances on GhostSwap or repeatedly trade without paying the 2% fee each time. It’s a swap service, not an exchange account.
- No order books: Prices are set by GhostSwap’s aggregator engine, not by user orders. Users cannot set their own prices or wait for specific market conditions.
- Dependence on blockchain conditions: Swap speed depends entirely on the underlying blockchain. Users cannot accelerate their swap beyond the chain’s confirmation requirements.
- Fees may not always be cheapest compared to active trading platforms: The 2% flat fee is higher than what a user might pay on an exchange with lower trading fees. For very large or frequent swaps, an exchange account might be more cost-effective.
- Regulatory ambiguity: GhostSwap operates in a regulatory gray zone. No formal licenses or public audits are mentioned. Users in jurisdictions with strict crypto laws should consider the legal implications of using an anonymous crypto exchange.
- Potential for flagged transactions: While GhostSwap itself doesn’t require KYC, its compliance partners may flag and block certain transactions, especially large ones.
Frequently Asked Questions
Do I Need an Account to Use GhostSwap?
No. GhostSwap requires no account, no email, and no password. Users simply select a pair, enter a destination address, and send funds.
Does GhostSwap Require KYC?
No. GhostSwap does not require identity documents, name, address, or phone number for standard swaps. Compliance checks are handled behind the scenes by partners and may occasionally flag transactions.
How Long Do Swaps Take on GhostSwap?
Typical completion times range from a couple of minutes for fast chains (Solana, Polygon) to approximately 30 minutes for slower chains (Bitcoin). Most swaps complete within 5–30 minutes.
Which Coins Are Supported on GhostSwap?
GhostSwap supports over 1,600 coins and tokens across major blockchains, including Bitcoin, Ethereum, Solana, Polygon, Monero, Zcash, and stablecoins like USDT and USDC.
Does GhostSwap Support Monero?
Yes. Monero (XMR) is fully supported as both a send and receive option. Pairs like BTC to XMR and ETH to XMR are available.
What Is the GhostSwap Fee?
GhostSwap charges a flat 2% fee built into the quoted exchange rate. This is the total service fee; users also pay standard blockchain network fees (gas).
Can I Use GhostSwap Through Telegram?
Yes. The @GhostSwapBot on Telegram allows users to perform swaps directly within the messaging app. The bot mirrors the web interface and provides real-time updates.
Does GhostSwap Offer an API?
Yes. GhostSwap has a Partners API for business integrations with endpoints for quotes, address validation, and swap creation. Rate limits are generous (120 requests/sec per IP, 30 requests/sec per API key).
Is GhostSwap Custodial or Non-Custodial?
Non-custodial. GhostSwap never takes long-term custody of user funds. Each swap uses a temporary deposit address, and funds are routed directly to the user’s destination wallet.
What Happens if I Send the Wrong Asset?
Sending the wrong asset to a deposit address can result in permanent loss. GhostSwap’s terms explicitly state that users are responsible for sending the correct coin to the correct address. Always double-check before confirming a transaction.
Wrapping Up
All in all, GhostSwap delivers on its core promise: fast, private, non-custodial crypto swaps without the overhead of traditional exchange onboarding. It’s not the cheapest option, and it doesn’t offer advanced trading features, but for users who value simplicity and privacy, it’s a compelling choice.
The platform’s support for Monero and Zcash, along with its Telegram bot and public API, make it a versatile tool for both individual users and developers.
The post No Email, No Account, No KYC: How GhostSwap Swaps 1,600+ Coins in One Step appeared first on Cryptonews.
Elon Musk and Sam Altman renewed their public feud on X this weekend. The clash came days after Apple sued OpenAI over alleged trade secret theft.
The exchange escalated quickly, with both billionaires trading insults tied to their companies’ competing artificial intelligence ambitions.
A Rivalry Reignited
The spat follows Musk’s May trial loss. A jury ruled he waited too long to sue over OpenAI’s for-profit shift.
Musk cofounded OpenAI with Altman in 2015 before leaving its board in 2018. Tensions deepened after Musk pushed for control of the lab and later withheld promised funding, straining OpenAI’s finances.
Weeks after the trial verdict, SpaceX completed its record IPO, raising a reported $75 billion. OpenAI has since filed confidentially for its own listing, adding fresh rivalry to the companies’ AI model race.
The X Exchange Turns Personal
Reacting to Apple’s lawsuit against OpenAI, Musk wrote, “Scam Altman strikes again …” He followed with several mocking posts calling Altman obsessed with scamming.
Altman fired back, referencing the timing of OpenAI’s GPT-5.6 Sol release against Musk’s Grok 4.5 launch, and stating that the SpaceX founder is ‘obsessed’ with him.
there are a lot of benchmarks that suggest 5.6 sol is the best model in the world right now, but the most reliable way to tell is that elon is obsessed with me again
— Sam Altman, X
X’s head of product, Nikita Bier, also weighed in, joking about OpenAI’s “trade secrets” amid the Apple suit.
The post Musk, Altman Trade Insults on X After Apple’s OpenAI Lawsuit appeared first on BeInCrypto.
President Donald Trump claimed a 59% approval rating and credited himself with falling gas and oil prices in a Truth Social post. Fresh US strikes on Iran sent crude climbing that same day.
That 59% approval figure is actually what a number of independent sites are labeling as his disapproval rating. His approval sits closer to 37% – 40%.
Oil Climbs as Trump Claims the Opposite
Brent crude spiked nearly 4% to $78.67 a barrel by Sunday evening before extending extending those gains with fresh strikes in Iran, trading over $79.
The US launched a fourth round of strikes on Iran in a week. Iran hit back at US military sites in Jordan, Kuwait, Bahrain, and Oman. Tehran also declared the Strait of Hormuz closed. US Central Command rejected that claim and said vessels could transit freely.
Trump posted on Truth Social:
“59% Approval Rating. Prices coming down along with the lowering of oil and gas. Thank you! President DJT”
He posted this hours after the strikes pushed oil higher, not lower. Hormuz carries about 20% of global oil supply. Traffic through the strait had only recently picked up under a fragile June 17 ceasefire deal between Washington and Tehran. That deal was called off on July 8, again sending oil prices rising.
The Numbers Don’t Match the Post
Independent polling tells a different story. Averages from The Economist and FiftyPlusOne put Trump’s approval near 37-40%. Disapproval sits near 59%, almost the inverse of the number in his post.
Gas prices haven’t fallen the way he described either. AAA data shows the national average gas price sits near $3.87 a gallon. That’s up roughly 30% since the war began in February, though it’s down from a $4.56 peak on Memorial Day.
Analysts credit that earlier drop to de-escalation messaging, not a lasting trend. Strikes are resuming, and Iran and the US are contesting Hormuz again.
That makes the “lowering” Trump described look short-lived, and it raises the question of how markets will react if the conflict keeps escalating through the week.
The post Trump Boasts 59% Approval and Lower Oil Prices As Fresh Strikes Hit Hormuz appeared first on BeInCrypto.
Bangkok bar fire leaves 27 dead as terrified patrons flee venue in panic
EUSA: Take Profits (Rating Downgrade)
AI Freelancers Could Push Stablecoin Use, Swyftx Says
-
Fashion7 days agoOpen Thread: What Great Books Have You Read Recently?
-
News Videos6 days agoWhats Hidden Inside This Cash Register? #treasure #reselling #money
-
Fashion4 days agoLoro Piana Fall 2026 Enters Houston’s Art Scene
-
Fashion2 days agoWeekend Open Thread: Nutriplenish Leave-In Conditioner
-
Crypto World6 days ago$1,000 Credit Alert! BlockDAG X Exchange Pre-Registration Now Officially Open, Polkadot Dips & Zcash Rebounds
-
Tech6 days agoAnthropic’s new “J-lens” reveals a silent workspace inside Claude that mirrors a leading theory of consciousness
-
Business6 days agoAXT Shares Jump Nearly 14% as Semiconductor Materials Maker Rebounds on AI-Linked Indium Phosphide Demand
-
Sports6 days agoJoshua Pacio ‘more complete’ ahead of ONE rematch vs Malachiev
-
News Videos7 days agoBest Time to Enter Small Caps Right Now? Another Bull Run? | Financially Free
-
Sports4 days ago2026 Genesis Scottish Open Thursday TV coverage: Round 1
-
Tech5 days agoAnthropic brings Claude Cowork to mobile and web as usage data shows most users aren’t coding
-
Crypto World6 days agoSK hynix (000660.KS) Stock Dips as $28B Nasdaq ADR Offering Drives AI Memory Expansion
-
News Videos7 days agoAvoid entering in FOMO #bitcoin #cryptocurrency #trading #scalping
-
Sports3 days agoSuper Eagles star Moses Simon opens up on Liverpool transfer regret
-
Sports6 days ago
We have punished the disrespect
-
Crypto World6 days agoBinance lists Strategy’s STRC stock as company expands Bitcoin funding
-
Tech4 days agoCharacter.AI enters the microdrama arena with its own productions, but there’s a twist
-
Tech6 days ago9 Best Keyboards (2025), Tested and Reviewed
-
Business6 days agoEnbridge: AI Tailwind Priced In (Rating Downgrade)
-
News Videos6 days ago“What’s going on?!” Carl Froch discusses Floyd Mayweather Jr financial issues
You must be logged in to post a comment Login