In a recent expert commentary, executives from BlackRock, the world’s largest asset manager and a leading issuer of cryptocurrency exchange-traded funds (ETFs), identified a significant trend in the cryptocurrency market, particularly for Bitcoin (BTC). They foresee a major surge ahead, driven by recent US legislative developments such as the signing of the GENIUS Act. They assert that these developments bolster the role of stablecoins as key players in the future of digital payments. New Regulatory Landscape For Stablecoins Central to BlackRock’s analysis is the recently enacted GENIUS Act, legislation that aims to establish a comprehensive framework for stablecoins as a means of payment. Stablecoins, digital tokens pegged to traditional currencies such as the US dollar, are gaining significant traction among traditional finance firms seeking to modernize their transactions, and could solidify the dollar’s dominance in global markets. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? Though their current market share is about 7%—equating to approximately $250 billion—the rapid adoption of stablecoins since 2020 indicates a growing acceptance within the financial landscape. The GENIUS Act delineates stablecoins as payment methods rather than investment products, which includes provisions to prohibit interest payments and restrict issuance to federally regulated banks and select nonbanks. This regulatory framework is poised to create a tokenized ecosystem centered around the US dollar, facilitating easier access for users in emerging markets while potentially limiting adoption in major economies due to the ban on interest payments. Additionally, the act specifies the types of assets that stablecoin issuers can hold in reserve, predominantly consisting of repurchase agreements, money market funds, and US Treasury bills with short maturities. Notably, major stablecoin issuers like Tether (USDT) and Circle (USDC) currently hold over $120 billion in Treasury bills, yet this represents only a small fraction of the total outstanding US Treasury bills. BlackRock Optimistic About Bitcoin’s Potential BlackRock’s commentary also suggests that while the demand for Treasury bills may increase as the stablecoin market grows, the overall impact on yields could be limited. This is due to a likely offsetting shift of funds from similar assets rather than generating significant new demand. Furthermore, the US Treasury’s inclination to increase short-term debt issuance to address persistent budget deficits may also dampen any upward pressure on yields. Beyond US borders, other regions are also taking steps to regulate stablecoins. Hong Kong is implementing new regulations aimed at fostering innovation in stablecoins, while Europe is exploring the concept of a digital euro, albeit with limitations to protect traditional banks. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? Should other nations allow interest-bearing stablecoins or pursue central bank digital currencies (CBDCs), the US dollar’s role in trade finance could be at risk, the experts assert, potentially prompting the US to reconsider its stance on interest payments. As digital assets continue to gain mainstream acceptance, the combination of regulatory support and US administration backing suggests a future where Bitcoin and stablecoins play a more integral role in financial systems. BlackRock remains optimistic about Bitcoin’s potential as a distinct return driver and a key asset in diversified investment portfolios. Featured image from DALL-E, chart from TradingView.com
Anchorage Digital, a leading U.S.-based digital asset bank, has purchased 10,141 Bitcoin—valued at approximately $1.19 billion—over a nine-hour span through multiple wallets. The large-scale acquisition reflects rising institutional demand for Bitcoin as a reserve asset and highlights the growing role of regulated financial institutions in the crypto market. Analysts note Anchorage likely used over-the-counter channels …
Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing of its initial public offering (IPO) of 28,011,111 shares of variable rate series A perpetual stretch preferred stock. Priced at $90 per share, this offering stands out as the largest US IPO of 2025 and one of the most significant crypto-related offerings in recent years, to which STRC is projected to commence trading on the Nasdaq Global Select Market around July 30, 2025. Strategy Set To Boost Bitcoin Holdings According to the official announcement issued on Tuesday, the IPO generated gross proceeds of approximately $2.521 billion, with net proceeds estimated at around $2.474 billion after accounting for underwriting discounts and offering expenses. Related Reading: Ethereum Price To $20,000? ETH Is Mirroring Bitcoin’s Move From 2021 Strategy plans to utilize these funds to acquire 21,021 BTC at an average price of $117,256 each. This acquisition will increase the company’s total Bitcoin holdings to approximately 628,791 Bitcoin, amassed at an aggregate cost of about $46.8 billion, translating to an average purchase price of $73,227 per bitcoin, inclusive of related fees and expenses. These strategic moves have led analysts to anticipate a notable rebound for Strategy’s stock. As reported by NewsBTC, amid a positive shift in Wall Street’s outlook, they are projecting an 84% reduction in the company’s loss per share year-over-year for the second quarter. Analysts expect Strategy to achieve profitability of $7.30 per share this year, marking a remarkable 209% increase compared to the previous year. MSTR Price Target Raised The bullish sentiment surrounding Strategy stock has intensified, particularly following a price upgrade from TD Cowen. Several analysts have revised their price targets upward, reflecting heightened confidence in the company’s strategic trajectory. Barclays analyst Ramsey El-Assal has adjusted his price target for MSTR from $421 to $475, maintaining an “Overweight” rating that underscores his belief in the company’s initiatives. Cantor Fitzgerald analyst Brett Knoblauch slightly lowered his price target from $619 to $614 but retained an “Overweight” rating, expressing faith in Strategy’s ability to maintain its premium net asset value while continuing to expand its Bitcoin holdings. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? Analysts at H.C. Wainwright also raised their price target from $480 to $521 for MSTR, citing the company’s revised guidance for 2025 and its ambitious capital-raising plans. The report further notes that out of 13 analysts covering the stock, 11 recommend a “Strong Buy,” one suggests a “Moderate Buy,” and another has issued a “Strong Sell” rating. The consensus price target currently stands at $543.62, while TD Cowen’s highest target reaches $680. As of this writing, MSTR closed the trading session dropping 9% to its current valuation of $398 per share. Bitcoin, on the other hand, consolidates just 4% below its all-time high at $117,250. Featured image from DALL-E, chart from TradingView.com
As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Related Reading: Injective Targets $25 Amid Crucial Breakout Attempt – New Highs In Sight? Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has been trading within a crucial price range, hitting its latest all-time high during this period. The flagship crypto has been hovering between $114,000-$120,000, retesting the local lows on Friday before recovering the range highs over the weekend. Amid this performance, market watcher Crypto Patel highlighted that BTC is trading inside a bull flag formation in the 4H chart, which could lead to an 8%-12% move once broken out. According to the analysis, if the cryptocurrency successfully breaks above the pattern’s descending resistance, near the $120,000 mark, its price could see a surge toward the $130,000 barrier for the first time. On the contrary, a rejection from this area could send Bitcoin toward the bull flag’s support, around $114,000, once more. The analyst warned that despite the key support’s strength, a breakdown below this level would invalidate the bullish pattern and risk a drop to the $100,000 level or below. In a Monday analysis, analyst Rekt Capital also discussed BTC’s bull flag in the weekly chart. He noted that Bitcoin closed last week above the bull flag top despite the Friday drop, “preparing and positioning itself for a confirmed breakout.” Therefore, the start-of-week pullback could be considered a volatile post-breakout retest if the cryptocurrency closes this week above $119,200. The analyst explained that “price has an entire week to do that; in fact, price could downside wick below the Bull Flag bottom to form a potential Diamond-Shaped candlestick formation in the downside wicks.” “It makes sense why price needs to dip,” he detailed, “it also makes sense for price to dip via the perspective of the newly formed Weekly CME Gap.” BTC’s Rally Running Out Of Time? As Daan Crypto Trades pointed out, BTC opened the week with a new CME Gap between $118,297 and $120,035, which was immediately closed on Monday, as the price retraced to the $117,000 mark. Notably, the flagship crypto has been closing its CME Gaps at the start of the week for the past five weeks, “building quite the streak at this point.” To the trader, “the longer this goes on, the more of a self-fulfilling prophecy it will become.” Rekt Capital also highlighted that Bitcoin has entered Week 4 of its second Price Discovery Uptrend, asserting that if BTC confirms a breakout from the weekly bullish flag, then “trend continuation in Price Discovery Uptrend 2 would be achieved.” Related Reading: Bitcoin’s Rally Might Be Running on Fumes, Analyst Warns of August Turning Point He warned that the second Uptrend could not last much longer. According to the analyst, the trend continuation could fail in the coming weeks, as the cryptocurrency transitions into the Weeks 5-7 of this phase. It’s worth noting that this cycle’s first Price Discovery uptrend lasted around 6-7 weeks before reaching the local top. As a result, he considers it “would be conservative thus to become increasingly cautious as time goes on,” starting to become “cautiously optimistic” from this week on. As of this writing, Bitcoin is trading at $117,161, a 2.1% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Data shows the Bitcoin Coinbase Premium Gap recently broke its longest ever streak of positive values. Here’s what this could mean for the market. Bitcoin Coinbase Premium Gap Turned Negative Recently In a new post on X, CryptoQuant community analyst Maartunn has talked about the recent trend in the Bitcoin Coinbase Premium Gap. The “Coinbase Premium Gap” refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair). The former cryptocurrency exchange is primarily used by US-based investors, especially large institutional entities. The latter, on the other hand, has a global userbase. As such, the Coinbase Premium Gap essentially tells us about how the buying or selling behaviors differ between the American and foreign whales. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? When the value of the metric is positive, it means the cryptocurrency is listed for a higher price on Coinbase than Binance. Such a trend implies buying pressure is stronger (or selling pressure is weaker) on the former as compared to the latter. On the other hand, the indicator having a negative value implies Binance is the platform observing a net higher accumulation as its users have pushed BTC to a higher value than on Coinbase. Now, here is a chart that shows the trend in the 30-hour moving average (MA) of the Bitcoin Coinbase Premium Gap over the past year and a half: As displayed in the above graph, the 30-hour MA Bitcoin Coinbase Premium Gap has mostly held a positive value for a while now, indicating that Coinbase users have been buying. This accumulation was so consistent earlier that it managed to reach a streak of 94 days, but recently, a dip into the negative territory finally broke it. “This was the longest streak in history,” notes the analyst. Since the start of 2024, US institutional investors have generally played a driving role in the market, with the price often showing correlation to the Coinbase Premium Gap. Given this pattern, a pivot to selling from this group can naturally be a bearish sign for Bitcoin. Related Reading: Ethereum Exchange Reserve Plummets: Over 1 Million ETH Withdrawn The chart shared by Maartunn shows more of a long-term view of the indicator. So, here is another graph, this one from CryptoQuant author IT Tech, that shows how the metric’s fluctuations have looked on a higher resolution over the past month: From the chart, it’s apparent that the metric has seen multiple drops into the negative zone recently, with the latest one coming during the past day. “The demand in the US Market is weakening,” says the analyst. “Caution is necessary.” BTC Price Bitcoin has been unable to find a direction as its price is still floating around $117,700. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Bitcoin price is still holding the $117,250 support zone. BTC is consolidating and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a downside correction from the $120,000 zone. The price is trading below $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,600 resistance zone. Bitcoin Price Stays Above Support Bitcoin price started a fresh increase above the $118,000 zone. BTC climbed above the $118,500 and $118,800 resistance levels to move into a positive zone. The bulls were able to push the price above the $119,500 resistance. A high was formed at $119,796 and the pair is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. Bitcoin is now trading below $118,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $118,500 level. There is also a bearish trend line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair. The first key resistance is near the $119,250 level. The next resistance could be $119,800. A close above the $119,800 resistance might send the price further higher. In the stated case, the price could rise and test the $120,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Downside Break In BTC? If Bitcoin fails to rise above the $118,600 resistance zone, it could start another decline. Immediate support is near the $117,250 level or the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. The first major support is near the $116,650 level. The next support is now near the $115,950 zone. Any more losses might send the price toward the $114,500 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $117,250, followed by $116,650. Major Resistance Levels – $118,600 and $119,800.
Global interest in stablecoins has hit unprecedented levels, with Google searches for the term “stablecoins” reaching an all-time high in July 2025. Related Reading: Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet This spike follows the recent passage of the Guiding and Empowering Nation’s Innovation for US Stablecoins (GENIUS) Act on July 18, signaling a pivotal shift in regulatory clarity and institutional confidence in the sector. Google Data: Parabolic Growth and Market Dominance Data from Coingecko shows that the stablecoin market cap now stands at $272 billion, representing roughly 7% of the total cryptocurrency market. U.S. dollar-pegged stablecoins account for about 98% of this total, with Tether maintaining its dominance at 60%. In the meantime, as stablecoin activity increases, the Bitcoin price trends to the upside as seen on the chart below. Bitcoin price trends to the upside as stablecoin activity heats up. Source: BTCUSD on Tradingview Bitwise Asset Management reported record-breaking stablecoin transactions and issuance across 2025, prompting crypto analysts to call the market’s trajectory “parabolic.” Ethereum-based firm SharpLink summed up the sentiment in a viral post: “You can’t spell ‘stablecoins’ without ‘parabolic.'” GENIUS Act Sparks Institutional Adoption The GENIUS Act, hailed for providing much-needed regulatory structure, has ignited a wave of interest from both retail users and financial institutions. Companies like Interactive Brokers and Robinhood have launched or explored their own stablecoins, aiming to offer 24/7 funding, faster settlements, and increased user engagement. Nassar Al Achkar, Chief Strategy Officer at CoinW exchange, explained that stablecoins are emerging as a “hedge against crypto volatility” and a valuable tool for cross-border payments. “Institutions are entering the space not just for innovation, but for safer investor options,” he added. Stablecoins’ Speculation Set to Change to Foundation The surge in search interest, as measured by Google, and market activity shows a significant transformation in how stablecoins are perceived, from speculative digital assets to foundational elements in global finance. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? While challenges remain, particularly around reserve backing and regulatory harmonization, the GENIUS Act appears to have laid the groundwork for a stablecoin-driven financial future. As adoption continues to rise, according to Google data, stablecoins are increasingly positioned beyond being crypto tools, becoming building blocks of the next generation financial infrastructure. Cover image from Unsplash, chart from Tradingview
Marti's crypto investment strategy may influence other tech firms to explore digital assets as a hedge against market volatility.
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Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by fresh capital inflows – not a rotation out of Bitcoin (BTC), as some have suggested. ETH Rally Driven By Fresh Capital According to a CryptoQuant Quicktake post by contributor Carmelo Aleman, claims that ETH’s current rally is a result of capital rotation from Bitcoin to Ethereum are unfounded. Aleman references on-chain data – especially the Bitcoin Realized Cap – to explain his analysis. Related Reading: Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High? For the uninitiated, Bitcoin’s Realized Cap measures the total value of all BTC in circulation based on the price at which each coin last moved on-chain, rather than the current market price. It provides a more accurate view of actual capital invested in Bitcoin, helping identify accumulation or distribution trends over time. Aleman shared the following chart showing that, as of July 25 at 11 AM UTC, Bitcoin reached a new all-time high (ATH) in Realized Cap at $1.018 trillion. This increase strongly suggests that capital remains flowing into Bitcoin – not out of it. In fact, Bitcoin’s Realized Cap has continued to rise, albeit gradually, even as Ethereum gained bullish momentum. Aleman explains that brief pauses in BTC price action typically align with phases of capital accumulation, which have historically preceded major rallies. Further, Aleman remarked that ETH is simply benefitting from the strong growth prospects of the Ethereum ecosystem. July witnessed a significant surge in interest in the ETH ecosystem, which reflected in the steep rise in price of the digital asset. Ethereum Network Seeing Returning Interest Multiple metrics reinforce the view that new capital is entering the Ethereum ecosystem. For example, data from DefiLlama shows that the Total Value Locked (TVL) in Ethereum’s decentralized finance (DeFi) platforms has risen significantly – from $49 billion on April 29 to $84.6 billion by July 29. Additional on-chain metrics point to a similar trend. According to etherscan.io, daily transactions on the Ethereum network have been climbing steadily, with nearly 1.48 million transactions recorded on July 27 alone. Related Reading: Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet There’s also growing speculation that Ethereum’s declining circulating supply is contributing to upward price pressure. Over the past month, ETH reserves on centralized exchanges have dropped by one million coins, supporting the narrative of a developing “supply crunch.” Adding to that, Ethereum liquid staking recently reached a new record high, with 35.5 million ETH now locked in liquid staking protocols. At press time, ETH trades at $3,772, down 1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, DefiLlama, and TradingView.com
PayPal has officially rolled out its “Pay with Crypto” feature, allowing U.S.-based merchants to accept payments in over 100 cryptocurrencies. From Bitcoin and Ethereum to stablecoins like USDT, USDC, and XRP, the platform aims to streamline international commerce with lower fees and faster settlements. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle Merchants can now accept crypto payments from wallets like MetaMask, Coinbase, Kraken, and Binance, with all transactions instantly converted to either U.S. dollars or PayPal’s own stablecoin, PYUSD. This means businesses no longer need to manage wallets or worry about crypto price volatility. With a competitive transaction fee of just 0.99%, PayPal is in line to be a more affordable alternative to traditional credit card processing, which often exceeds 2%. Bridging Wallets and Reducing Barriers for Merchants According to PayPal CEO Alex Chriss, this move targets a $3 trillion crypto market and more than 650 million global crypto users. “We’re removing barriers for global growth,” Chriss said, emphasizing the feature’s ability to connect merchants with buyers worldwide. The system provides near-instant fund access and offers merchants up to 4% in annual rewards when they hold PYUSD balances within the platform. This built-in incentive adds an investment dimension to the tool, enhancing business profitability. The launch also aligns with the expansion of PayPal World, a global partnership unifying the world’s top digital wallets. BTC's price trends to the upside on the daily chart following a re-test around critical support levels. Source: BTCUSD on Tradingview Crypto Momentum to Meet Real-World Utility The launch of “Pay with Crypto” marks another step in crypto’s mainstream adoption. With support for 100+ tokens and direct integration with leading wallets, PayPal is simplifying what has long been a complex and expensive process: cross-border payments. As global regulatory adopts crypto, PayPal’s initiative may serve as a blueprint for how fintech companies can drive innovation while supporting small and mid-sized enterprises in the digital economy. Related Reading: Largest Publicly-Listed BNB Treasury To Launch In The US With $500 Million Raise Whether it’s a shopper in Guatemala buying from a seller in Oklahoma or a global brand expanding reach, crypto payments via PayPal are set to reimagine global e-commerce. Cover image from ChatGPT, BTCUSD chart from Tradingview
Cardano’s founder Charles Hoskinson says Bitcoin wasn’t the only story in crypto’s early days. In the last 12 months, ADA climbed 90%, leaving Bitcoin’s 70% gain behind. Related Reading: Countdown To August 15: What XRP Investors Need To Know He argues that this gap isn’t new—it’s been widening ever since Cardano switched hundreds of millions of dollars’ worth of BTC into building its own network. Cardano Vs. Bitcoin Returns According to interviews with Blockworks co‑founder Jason Yanowitz, Cardano’s early backers traded yen contributions into 108,000 BTC. That stash would be worth about nearly $13 billion today if it had just sat there. Instead, those coins went straight into building Cardano’s network. Based on reports, ADA’s market cap now sits at $30 billion—about 150% higher than the value of the Bitcoin reserve and roughly 2.8 times as much. Really enjoyed this conversation with @IOHK_Charles We covered a lot: politics, psychedelics, his bison + black hawk, his alien search, Japan’s influence on Cardano, personal security, and of course… Why he believes ADA is a better investment than BTC.pic.twitter.com/rB26dLLVpP — Yano ???? (@JasonYanowitz) July 28, 2025 Since launch, ADA has jumped nearly 4,000% from its $0.02 debut in September 2017. Bitcoin has rallied 2,400% from a $4,337 price point in that same stretch. Many investors see those raw numbers and wonder whether they should have picked ADA over BTC from the start. They lay out a clear record of gains. Yet gains aren’t the full picture. Each network serves a different purpose. Bitcoin leans on being a store of value. Cardano mixes staking, smart contracts and on‑chain governance. Future Growth Prospects Hoskinson isn’t stopping at history. He predicts Bitcoin could still make a 10× move to reach $1 million per coin. ADA, by his math, could expand 100× to 1,000×. That puts Cardano’s potential market cap in the $2.8 trillion to $28 trillion range. He points to projects like Midnight, which aims to bring data privacy to blockchains, and to Cardano’s role as a possible “DeFi layer” for Bitcoin. Those are the levers he says can drive the next big leg up. That vision carries plenty of risk. Blockchains often launch big ideas that take time—or never—find their footing. And pushing ADA to a multitrillion‑dollar valuation would demand major real‑world use, plus a flood of new users and developers. Even a 100× gain would redraw the charts, let alone 1,000×. Related Reading: Bitcoin Is A Lifeline, Says Billionaire, As US Faces Debt Time Bomb A Balanced Take ADA’s run has been impressive. It’s clear that building a living network, rather than simply holding coins, can pay off. But calling ADA “significantly better” than BTC turns on much more than past returns. It hinges on successful rollouts, deep user engagement, and fresh use cases that catch fire. Whether Cardano will rewrite blockchain history remains to be seen. For now, investors can look at the numbers, weigh the risks, and decide if they want a piece of a project that bets on being more than just money. Featured image from Unsplash, chart from TradingView
Strategy (Nasdaq: MSTR, STRK, STRF, STRD), the largest corporate Bitcoin (BTC) holder, has made a bold move to strengthen its balance sheet. The Bitcoin treasury company announced on Tuesday, July 29, that it had closed its initial public offering of around 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at …
Market expert Mark Moss has drawn the crypto community’s attention to an indicator that has perfectly nailed Bitcoin cycle tops. Based on this indicator, the expert revealed that the cycle top is unlikely to happen this year, as other analysts may have predicted. Pi Cycle Top Indicator Reveals Next Bitcoin Cycle Top In an X post, Moss stated that the indicator is predicting a Bitcoin cycle top in the first quarter of 2027, not at the end of this year. He made this comment while describing the Pi Cycle Top indicator as the “Holy Grail” of Bitcoin indicators. The expert noted that the indicator nailed the Bitcoin cycle tops in 2013, 2017, and 2021. Related Reading: Analyst Sounds Alarm For 50% Crash If Bitcoin Doesn’t Make A New ATH Soon Moss admitted that this latest cycle top prediction is hard to believe, as everyone is expecting Bitcoin to peak in the fourth quarter of this year. However, the Pi Cycle Top indicator suggests that the Bitcoin cycle top will occur in Q1 2027 and that the BTC price could reach $395,000 by then. Crypto analyst Rekt Capital also recently alluded to the Pi Cycle Top indicator, noting how it was hinting at a possible cycle extension. He also confirmed that the indicator predicts a Bitcoin cycle top will occur in Q1 2027, with the flagship crypto possibly reaching $400,000. The analyst noted that, based on previous cycles, the Bitcoin cycle top is expected to happen in the fourth quarter of this year. However, the recent BTC rallies have caused the Moving Averages (MA) to shift to higher prices. With these MAs shifting with every Bitcoin rally, Rekt Capital stated that it could take at least until mid-early 2026 before a Pi Cycle Top crossover occurs. However, the analyst advised that it is still important to be cautious about Q4 of this year and possibly develop an exit strategy in case the Bitcoin cycle peaks then. The BTC 4-Year Cycle Is Over In a recent podcast, Bloomberg analyst James Seyffart and Bitwise Chief Investment Officer (CIO) Matt Hougan gave their opinions on whether the 4-year Bitcoin cycle is over. Seyffart stated that he expects the amplitude of these cycles to reduce as more institutional investors enter the BTC ecosystem. Related Reading: The Final Bitcoin Act: Here’s What To Expect As BTC Trends Sideways Based on his statement, a Bitcoin cycle top might not happen as many expect, as the analyst predicts there won’t be massive drawdowns again with the flagship crypto maturing. On the other hand, the Bitwise CIO opined that the 4-year cycle for BTC is over. He explained that the factors that drove this four-year cycle are now watered down. Meanwhile, there is a growing inflow into Bitcoin, which would continue to drive demand. In line with this, Hougan declared that 2026 will be an up year for Bitcoin. At the time of writing, the Bitcoin price is trading at around $119,000, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.
Strategy buys 21K BTC using proceeds from its $2.5B STRC stock IPO, bringing total holdings to 628,791 BTC.
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The Ethereum price may be setting the stage for a historic breakout, as a new technical analysis suggests that ETH is closely mirroring the Bitcoin (BTC) price action from 2020 to 2021. With Ethereum currently consolidating beneath a long-term downtrend line and approaching critical resistance, a crypto analyst eyes a potential move to $20,000 if the historic pattern continues to play out. Ethereum Price Mirrors Bitcoin’s Historic 2021 Pattern According to a new analysis by crypto market expert Ted Pillows, Ethereum’s current price structure is beginning to reflect a striking resemblance to Bitcoin’s breakout phase in late 2020. The analyst’s chart shows ETH following a nearly identical pattern of accumulation, re-accumulation, and compression within a descending triangle fractal that Bitcoin displayed before its parabolic bull run in 2021. Related Reading: Billionaire Mike Novogratz Says Ethereum Will Enter Price Discovery If It Takes Out This Level At the time, Bitcoin had surged from a whopping $9,550 to roughly $64,000, marking a significant price increase of 570.37%. Just like BTC during the COVID pandemic shakeout, Pillow’s analysis shows that ETH has now emerged from a prolonged consolidation phase and is testing the downtrend resistance line that has capped its highs since the 2021 peak. If Ethereum breaks through its diagonal resistance, the analyst’s chart indicates that a vertical surge toward $29,500 may become technically viable. This would represent a significant increase of approximately 672% from the cryptocurrency’s current price of $3,820. Notably, the path to this bold target mirrors Bitcoin’s trajectory after it broke out of its long-term downtrend, triggering a rapid and exponential move. The chart also illustrates a potential breakout zone that aligns with the timing of the previous cycle’s price expansion—indicating that Ethereum could be preparing for its most powerful price rally yet. While the trajectory of Pillows’ arrow on the chart targets a possible surge toward $29,500, the top of the green shaded zone suggests Ethereum could reach a peak above $58,500. Such a bold move would mark a historic breakout, representing a surge of roughly 1,432% and placing ETH at nearly half of Bitcoin’s price of $118,940 as of writing. Analyst Sets $5,000 As ETH’s Minimum Target Due to Ethereum’s bullish run lately, a few analysts in the crypto community have forecasted a potential rally toward the $5,000 mark—a move that would set a new all-time high for the leading altcoin. However, while many consider a surge to $5,000 a major milestone, Pillows views this target as merely a baseline. Related Reading: This Ethereum Descending Broadening Wedge Pattern Looks Similar To 2019-2020, Here’s What Happened Last Time He has set $5,000 as the minimum target for his outlook, emphasizing his firm conviction in ETH’s bullish potential. On the chart, Ethereum’s recent consolidation is marked as a re-accumulation zone, setting the foundation for a significant rally. With a breakout from its long-term resistance in sight, Pillows’ analysis suggests that Ethereum could experience an extended bull phase with limited overhead resistance. Featured image from Getty Images, chart from Tradingview.com
Bitcoin’s upward momentum could face a major hurdle as over 613,000 BTC—worth billions—loom over the market, posing a significant selloff risk. With Bitcoin eyeing the critical $119K resistance level, traders and investors are moving cautiously. This potential influx of supply could stall or even reverse the current bullish trend, raising concerns about near-term volatility. Profit-Taking …
Bitcoin (BTC) is experiencing a period of stability after its recent upward climb, currently trading around $118,502, marking a slight daily decline of about 0.3%. Despite approaching the notable resistance level at $120,000, the leading cryptocurrency has shown little indication of breaking through decisively. This quiet trading environment has drawn the attention of analysts, prompting a detailed examination of the current market sentiment and investor behavior patterns. A recent report by Arab Chain, an analyst at CryptoQuant, suggests there is waning interest among US investors at Bitcoin’s current price level. Related Reading: Bitcoin Remains Flat—And The SSR Ratio Might Explain Why Declining Demand from US Investors Utilizing the Coinbase Premium Index, a measure that compares Bitcoin’s price on Coinbase against other exchanges, Arab Chain highlights a clear downward trend in demand from American investors as prices have risen above the $105,000 mark. Arab Chain notes that although the Coinbase Premium Index remains slightly positive, indicating a minimal premium on Bitcoin in US markets, the significant reduction in this premium suggests declining enthusiasm at current price levels. Historically, strong buying interest from US investors has typically occurred when Bitcoin was priced under $105,000, suggesting that current valuations may be too elevated for many investors seeking favorable entry points. The analyst specifically noted: The index shows a significant decline in U.S. investor demand for Bitcoin. However, it remains in positive territory, indicating U.S. investors are not as active in purchasing Bitcoin at current prices compared to when it traded below $105,000. The trend suggests many potential buyers might be holding off, anticipating better opportunities should prices dip again. Bitcoin Long-Term Holders Begin Profit-Taking Adding further context, another CryptoQuant analyst, Burak Kesmeci, identified emerging patterns among long-term Bitcoin holders at the key psychological resistance level of $120,000. According to Kesmeci, long-term holders have recently transitioned into net-negative territory, signaling initial phases of profit-taking. Such moves typically indicate that veteran investors, many of whom may have held Bitcoin through previous market cycles, are beginning to liquidate portions of their holdings to capitalize on recent gains. Related Reading: Bitcoin Price Surges 28% as Metaplanet Adds $93M BTC — Analysts Eye $111K as Strategic Buy Zone Kesmeci highlighted the importance of monitoring this activity closely, pointing specifically to institutional involvement: One significant case to note is Galaxy Digital, reported to have sold approximately 80,000 BTC. Such sizeable institutional activity indicates this is more than typical retail profit-taking. This development raises questions regarding future market behavior, whether the current sell-off by larger holders represents strategic repositioning or signals broader market concerns. Featured image created with DALL-E, Chart from TradingView
The Stretch offering raised approximately $2.521 billion in gross proceeds, making it "the largest U.S. IPO completed in 2025 to date."
Bitcoin trades at a critical level, holding steady above $118,000 but failing to gain momentum for a breakout. Price action has continued to tighten over the past several days, and analysts now anticipate a major move once either key supply zones are absorbed or demand breaks below. The market sits on edge, waiting for confirmation of the next trend. Related Reading: Bitcoin Demand Builds at $117K: Cost Basis Distribution Defines Key Support Level Fresh data from CryptoQuant highlights a notable shift in long-term holder (LTH) behavior. At $118K, LTH supply began to decline, signaling the start of a distribution phase. These holders, known for accumulating during downtrends and selling into strength, are now gradually offloading their positions. This transition often marks the later stages of a bullish trend and echoes patterns from previous macro cycles. As Bitcoin struggles to break past resistance and LTHs reduce exposure, pressure continues to build. A clean breakout above the current range could reignite momentum and drive BTC to new highs, while a break below support may trigger a sharper correction. Either way, the current standoff won’t last much longer. The coming days could bring the decisive move that sets the tone for Bitcoin’s next major leg. LTH Distribution Begins As Bitcoin Mirrors Fall 2024 Pattern Top analyst Axel Adler has highlighted a key development in Bitcoin’s current structure. According to Adler, LTH supply has declined by 52,000 BTC so far, marking a significant shift in behavior. These holders, typically seen as the market’s most patient participants, are now beginning to reduce their exposure—just as Bitcoin remains locked in a tight consolidation range. This shift from accumulation to distribution closely mirrors the LTH behavior seen during fall 2024, when Bitcoin climbed from $65,000 to $100,000. In that period, long-term investors steadily sold into strength as the market pushed higher, locking in profits as late-stage momentum kicked in. Adler suggests that if the current trend continues, the distribution phase will intensify with each price leg up—just as it did in previous macro cycles. The timing of this transition is critical. Bitcoin continues to hover just below all-time highs, while altcoins have begun to show signs of increased volatility. As Ethereum and other major assets begin to move more aggressively, capital rotation may accelerate. Whether this benefits or pressures Bitcoin remains to be seen. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? BTC Holds Steady As Tight Range Continues Bitcoin remains in a tight consolidation range between $115,724 and $122,077, with the 4-hour chart showing price currently hovering around $118,817. After bouncing from the lower boundary last week, BTC has managed to recover and now trades above the 50 SMA ($118,175), 100 SMA ($118,228), and well above the 200 SMA ($113,777). These moving averages have flattened, reflecting the ongoing equilibrium between buyers and sellers. Despite several tests of the $118K zone, BTC continues to respect the key support levels, showing resilience as selling pressure remains muted. Volume, however, remains low—suggesting that traders are still in wait-and-see mode, looking for a decisive breakout before committing to larger positions. Related Reading: Ethereum CME Futures Open Interest Hits Record $7.85B – Is ETH Overheating? The upper resistance at $122K remains untouched since mid-July, and each approach has been met with rejection. A clean break above this level with volume confirmation would signal a continuation of the broader uptrend and could trigger a move toward new all-time highs. On the downside, a break below $115K would invalidate the current structure and likely lead to increased volatility. Featured image from Dall-E, chart from TradingView
Bitcoin investment firm Twenty One Capital is set to receive 5,800 BTC from stablecoin issuer Tether as it prepares for its upcoming public listing, according to a July 29 statement. This inflow would bring the firm’s total Bitcoin holdings to over 43,500 BTC, making it the third-largest corporate holder globally. It would rank just behind […]
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The move could significantly influence Bitcoin's market dynamics and highlight the growing trend of crypto integration into traditional finance.
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ZOOZ's Bitcoin strategy may set a precedent for tech firms, potentially reshaping treasury management and investor engagement in digital assets.
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has finalized its regulatory framework for stablecoin issuers, publishing two sets of guidelines that will come into effect on August 1. While the framework is now in place, the HKMA is expected to issue the first batch of stablecoin licences in early 2026, …
MARA Holdings holds roughly 50,000 BTC, valued at nearly $6 billion, ranking it as the second-largest bitcoin holder among public companies
More than $1 billion in Bitcoin short positions are at risk of liquidation just above the $120,000 mark. Recent data shows a dense cluster of leveraged shorts between $119,500 and $121,000 across major exchanges—if Bitcoin’s price breaks this resistance, it could trigger forced buybacks exceeding $1.1 billion, fueling a rapid price surge. Analysts highlight $120,000 …
BTC's Bollinger bands are now at their tightest since February.
According to market analyst Common Sense Crypto, a $1,000 bet on XRP today could turn into between $10,000 and $50,000 during this cycle. Related Reading: $120K Bitcoin In Sight: 90-Day US–China Tariff Truce Fuels Market Optimism He pointed out that the same stake in Bitcoin would likely top out at around $1,300–$1,500. That claim has caught the eye of many investors who are weighing where to put their crypto dollars. Strong ROI Comparison Common Sense Crypto ran the numbers. At XRP’s current price of $3.18, a $1,000 buy-in nets roughly 315 tokens. To hit $10k, each XRP would need to trade at $31.80. If XRP somehow climbed to $160, that small stake would swell to $50k. By contrast, a $1k purchase of Bitcoin at $120,000 today would only need BTC to rise to about $154k–$178k to yield the same $1,300–$1,500 returns. Here’s a quick fact to ponder, if you put $1,000 into $xrp today you will most likely end up with at least $10,000 – $50,000 in this cycle, if you put the same $1,000 into $btc you will most like only end up with $1300 – $1500. ROI (return on investment) is more important than… — Common Sense Crypto (@TheCSCrypto) July 12, 2025 Those are gains in the 30–50% range. This puts XRP’s upside in a very different league when viewed purely as percentages. Still, size matters. XRP’s market cap sits near $188 billion. Bitcoin’s floats around $2.37 trillion. To push XRP to $159, its valuation would need to balloon to roughly $9.5 trillion—nearly four times Bitcoin’s current size. That would require massive new inflows and adoption on a scale we’ve never seen in crypto. XRP Tops $3; CEO Sets Sights On 14% Of SWIFT Ripple’s XRP finally breached the long-awaited $3 mark after US President Donald Trump announced a new US strategic crypto reserve, including XRP and other digital assets. As one of the most traded cryptocurrencies, XRP enjoys high daily trading volumes, ensuring price stability and ease of entry for institutional investors. Ripple’s chief executive, Brad Garlinghouse, predicts that within five years, Ripple will handle about 14% of SWIFT’s worldwide cross‑border transaction flows. Related Reading: Countdown To August 15: What XRP Investors Need To Know Past Cycle Performance Other voices have made similar points. In June, Edoardo Farina of Alpha Lions Academy noted that between November 2024 and January 2025, XRP jumped from $0.50 to $3.40. That’s a 7x return in just two months. Bitcoin, in that same window, climbed from $68k to $112k, a 60% gain. Farina calculated that $50k in XRP would have grown to $340k while the same investment in Bitcoin would have become about $82,352. The XRP 50x Challenge XRP’s promise of turning $1,000 into as much as $50,000 is eye‑catching. Its past leap from $0.50 to $3.40 in just two months shows what’s possible. But growing its market cap from $188 billion to $9.5 trillion means a tidal wave of new money and clear legal rules. Featured image from Meta, chart from TradingView
Ray Dalio, the billionaire behind Bridgewater Associates, says people should think about putting 15% of their money into gold or Bitcoin. His call comes as America’s debt nears the $37 trillion mark. He argues that holding hard assets can help when paper money loses value. Related Reading: Countdown To August 15: What XRP Investors Need To Know “If you were optimizing your portfolio for the best return-to-risk ratio, you would have around 15% of your money in Bitcoin or gold,” Dalio said during the Master Investor podcast this week. Dalio admits he owns only a little Bitcoin and still leans toward gold. But he’s clear that splitting that 15% between the two is up to each investor. Optimizing For A Debt‑Strained Dollar According to Dalio, the US government will need to sell about $12 trillion more in treasuries over the next year to deal with its growing bill. He pointed out that recent Treasury data shows borrowing in the third quarter of 2025 could hit $1 trillion—$453 billion above earlier estimates—and another $590 billion in the fourth quarter. He warns that printing or selling more debt tends to weaken a currency. That’s why gold and Bitcoin, which aren’t tied to any central bank’s balance sheet, can act as buffers against plain old dollars. Balancing Gold And Bitcoin Dalio said gold remains his go‑to choice. It has centuries of track record against inflation and crisis. Bitcoin, on the other hand, is newer and can swing wildly in price. It’s trading around $118,862, roughly 4% below its July 14 all‑time high of $123,250. While its ups and downs can add spice to returns, they can also give some investors sleepless nights. Dalio suggests you pick a mix that feels right. If you hate big price moves, tilt toward gold. If you can stomach Bitcoin’s roller‑coaster, you might give it a bigger slice. Midway Through The Conversation On Risk He raised the idea back in January 2022 with 1% to 2% in Bitcoin. Now he’s tripling that bucket. That jump shows how fast the mood can shift when national debt climbs. Dalio noted that other Western nations like the United Kingdom face the same “debt doom loop” he sees in the US. He said their currencies may lag behind hard assets, making gold and Bitcoin effective diversifiers when government bills keep piling up. Related Reading: Memecoins, NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’ Role Of Reserve Currencies Despite his nod to Bitcoin, Dalio said it won’t replace the dollar or euro for central banks. He argued that public blockchains lack privacy. Every transaction is visible, so governments could still watch and intervene. Gold, in contrast, can change hands in private after it leaves the vault. That gives it an edge when you want to keep your holdings off the radar. Featured image from Meta, chart from TradingView