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#bitcoin #crypto #btc #crypto market #cryptocurrency #bitcoin news #btcusdt

Bitcoin has surpassed its previous all-time high, reaching $118,254 and marking a notable milestone in its price trajectory. This latest milestone comes after BTC’s former high at $111,000 levels in May, representing a 10% gain over the past week and roughly 5.9% in the last 24 hours. At the time of writing, Bitcoin is trading at approximately $117,584. The sharp price increase appears to be giving strength to activity among both miners and leveraged traders, prompting a closer examination of current market behavior. Analysts monitoring on-chain activity have flagged a resurgence of miner activity alongside a rise in derivative positions, suggesting multiple forces may now be contributing to price movements. Related Reading: Research Predicts $160,000 Bitcoin By EOY—If Treasury Firms Hold As these two segments of the market engage more actively, questions are emerging around the sustainability of this rally and whether these behaviors signal confidence or caution. The current on-chain environment shows both selling pressure from miners and increased exposure from long-positioned traders. Bitcoin Miner Activity Rises Alongside Price Surge One of CryptoQuant’s QuickTake contributors, Arab Chain, observed a marked increase in miner activity as Bitcoin crossed the $118,000 level. According to the analyst, this uptick in activity is tied to miner transfers to exchanges, marking the first such increase since May 23. This trend suggests miners could be taking advantage of recent price gains to realize profits. As Arab Chain explained, “The continued activity of miners, coupled with Bitcoin’s price rising to new highs, clearly indicates that they are selling Bitcoin.” Despite this renewed transfer volume, miner behavior has not yet reached the scale of over-the-counter (OTC) selling seen in previous months. Historically, large-scale selling by miners has introduced notable volatility into the market, particularly when sustained across a broader period. The analyst also pointed out the economic leverage miners hold in decision-making, owing to their ability to manage operational costs and balance between holding and selling mined Bitcoin. Whether this increase in exchange flows will develop into heavier selling remains to be seen. Derivatives Market Shows Renewed Leverage Exposure In a separate analysis, CryptoQuant contributor Enigma Trader focused on derivatives market activity, highlighting a 24% surge in open interest from approximately $33 billion on July 1 to over $41 billion by July 11. The timing of this increase coincides with Bitcoin’s breakout above $118,000, and reflects renewed leveraged interest following a reset late last month. This level of open interest suggests that traders are positioning more aggressively, potentially anticipating continued upside. The analyst also noted a shift in funding rates from negative to their highest positive reading in a month, around 0.012% per eight hours. Positive funding indicates that long-positioned traders are paying to maintain their positions, a sign of bullish sentiment. Related Reading: Bitcoin Uptrend Intact, But Binance Activity Warns Of Short-Term Pullback However, Enigma Trader cautioned that such positioning can become precarious if momentum slows. “This setup often fuels upside continuation if spot demand backs it, but also increases the risk of a long squeeze should momentum stall,” the analyst wrote. Featured image created with DALL-E, Chart from TradingView

#crypto #altcoin #crypto market #cryptocurrency #pump #cryptocurrency market news #pump.fun #pumpdotfun #pump token

As the official public sale of Pump.fun’s token approaches, significant activity has emerged across decentralized derivatives exchanges, where large investors appear to be managing risk by taking early positions. Market data shows that whales are interacting with pre-market perpetual contracts, particularly on platforms like Hyperliquid and Binance, as they anticipate potential volatility during the token’s initial coin offering (ICO), scheduled for July 12. Related Reading: Crypto Market Cap On Track To $4.5 Trillion As Q3 Unfolds – Details Perpetual Market Signals Whale Hedging Strategy Three prominent wallets have collectively deposited over $11 million in USDC on Hyperliquid to open short positions on the newly listed PUMP perpetual contract. These trades appear to function as hedges against anticipated allocations in the upcoming token generation event. According to on-chain tracker Lookonchain and explorer Hypurrscan, the structure of these positions, utilizing low leverage and modest open interest compared to margin collateral, suggests a defensive rather than speculative stance. One wallet, identified as “0xAc72,” allocated $4 million in margin and opened a 2x leveraged short valued at approximately $1.07 million at an entry price of $0.00504. This trader’s liquidation point sits at $0.02138, offering a wide buffer that implies the position is less about profit from a downturn and more about offsetting potential downside risk from PUMP exposure in the ICO. Two additional wallets deployed a combined $7 million in margin to open 1x leveraged shorts. Together, these positions amount to roughly $2.39 million in open interest, a small portion of their posted collateral. Hyperliquid’s open interest in PUMP has surpassed $43 million since listing the token in the early hours of Thursday’s European session. Binance followed suit by listing a PUMP perpetual contract, which quickly amassed over $12 billion in trading volume, indicating heightened market anticipation. It is worth noting that the early trading could serve multiple purposes, including valuation locking by whales, arbitrage strategies related to expected airdrops, or speculative profit-taking based on retail momentum. Pump.fun Token Launch Nears as Pricing Premium Narrows The PUMP token initially debuted in pre-market trading at a roughly 40% premium to its ICO price of $0.004. It reached a high of $0.0056 on Hyperliquid before retreating to around $0.0047 levels, a level closer to its public sale valuation. The narrowing premium suggests a recalibration in investor expectations as trading stabilizes ahead of the launch. Pump.fun, a meme-coin launchpad built on Solana, announced the token in June alongside a revenue-sharing initiative for token holders. The token has a total supply of 1 trillion, with 33% allocated to early participants via a private sale (18%) and public sale (15%). The ICO will run from July 12 to July 15 on crypto exchange Bybit, providing a limited window for broader participation. Related Reading: ‘Real’ Crypto Bull Run Just Beginning, Says Analyst—Here’s Why While details of the airdrop mechanics have not been fully disclosed, the ongoing activity suggests that large holders are actively managing their exposure before the distribution phase begins. Featured image created with DALL-E, Chart from TradingView

#crypto #crypto market #cryptocurrency #crypto news #cryptocurrency market news #trumpusdt #world liberty financial #wlfi #wlfi token #world liberty #world liberty financial news

World Liberty Financial, a decentralized finance (DeFi) platform backed by President Donald Trump and his family, is poised to launch its WLFI token, which could hold significant profits for early investors.  WLFI Token Launch Approaches The company announced on July 4 that it has initiated steps to have its flagship token listed on cryptocurrency exchanges, marking a crucial milestone after months of anticipation.  The WLFI token, which was introduced last year as a non-transferable governance token, is designed to facilitate community voting on the project’s future direction.  Related Reading: Tether Secret Swiss Vault: The $8 Billion Gold Reserve Behind The Stablecoin Secondary market trading has already commenced on platforms like Whales.market and MEXC, where WLFI has recently traded between $0.13 to $0.18, a notable increase from its initial sale prices of $1.5 and $0.5.  According to the project’s white paper, entities affiliated with the Trump family may collectively hold about one-third of WLFI’s total supply of 100 billion tokens. At current prices, these holdings could represent billions of dollars on paper. Bruno Ver, market expert and investor in the WLFI token, expressed optimism about its potential value, predicting it could reach between $2 and $5 in the near future.  If the token were to climb to $2, the stake held by the founding entities could theoretically be worth around $60 billion, making it one of the most lucrative Trump-related crypto ventures to date.  Recent estimates suggest that crypto businesses have already added approximately $620 million to Donald Trump’s personal net worth, according to the Bloomberg Billionaires Index. Experts Warn Of Risks Despite the enthusiasm surrounding WLFI, the White House has emphasized that President Trump is distanced from his business interests, having placed his assets in a family-controlled trust.  The current proposal for token release, dated July 4, aims to unlock a portion of tokens held by “early supporters,” although the term lacks a specific definition within the documentation.  Remaining tokens, including those held by founders and team members, would be subject to future votes and longer lock-up periods to signal a commitment to the project. The proposal is expected to undergo discussion and voting on the Snapshot platform, with a potential timeline extending into August.  Related Reading: Analyst Predicts 2,000% Cardano Rally: ‘Fractal Is Too Clean To Ignore’ However, experts caution that the path to a successful launch might come with risks for early holders. Lex Sokolin, managing partner at Generative Ventures, pointed out that tokens with substantial founder and investor allocations often experience significant price declines over time.  World Liberty Financial’s token launch and the Trump family’s increased interest in digital assets comes on the heels of notable regulatory changes in the US as the Securities and Exchange Commission (SEC) has adopted a more lenient stance toward crypto.  This may signal a sense of confidence from WLFI regarding regulatory scrutiny. Hilary Allen, a law professor at American University, noted that this shift suggests WLFI no longer perceives a threat from the SEC. Featured image from DALL-E, chart from TradingView.com

#bitcoin #crypto #btc #crypto market #bitcoin market #cryptocurrency #bitcoin news #cryptoquant #btcusdt

Bitcoin’s price movement remains in focus as it continues to consolidate just below its previous all-time high. Despite a brief surge that brought it within range of its $111,000 peak, the asset has struggled to establish a breakout. As of the time of writing, Bitcoin is trading around $108,927, representing a 0.2% increase over the past 24 hours. The persistence of this consolidation phase comes amid growing market discussions around spot and derivatives behavior. Related Reading: Bitcoin’s Liquidity Lifeline Just Got Cut—What You Need To Know Binance Spot-Perpetual Delta Reflects Cautious Leverage One of the more notable on-chain observations comes from CryptoQuant contributor BorisVest, who analyzed the prolonged negative delta between spot and perpetual prices on Binance. According to the analyst, this delta has remained in negative territory since December 2024. That means the spot price of Bitcoin has consistently traded above the perpetual futures price on Binance, an unusual structure during what appears to be a bullish market trend. “When the delta flipped negative last December, Bitcoin had just marked a then-ATH,” BorisVest noted. He explained that this divergence signaled an aggressive buildup of long positions in the perpetual market, just before Bitcoin corrected to $74,000. Despite Bitcoin reaching new highs recently, the delta still hasn’t reversed. “The sustained gap shows that leveraged traders have yet to commit to the rally in full,” he added. This trend could indicate a phase of accumulation in the spot market, which historically precedes stronger price movements. The analyst also warned that when perpetual prices eventually flip above spot prices, it may signal a shift toward a more speculative environment. In such scenarios, sudden price corrections could occur if long positions are unwound rapidly. Traders monitoring the spot-perpetual relationship can potentially use this as a signal to adjust their risk exposure. Dollar Weakness May Signal Tailwinds for Bitcoin Another CryptoQuant analyst, Darkfost, highlighted a macroeconomic trend that could further influence Bitcoin’s trajectory, the weakening US dollar. The US Dollar Index (DXY), which tracks the value of the dollar relative to a basket of foreign currencies, is currently trading at its most significant deviation below its 200-day moving average in over two decades. This decline coincides with rising US debt levels and has historically aligned with strength in risk-on assets like Bitcoin. Darkfost pointed out that when the dollar loses its traditional safe-haven appeal, capital often flows toward alternative assets. Related Reading: Bitcoin Price Crash To $92,000 Or New ATHs? Analyst Explains The 2 Options “Historical data shows that these periods have consistently benefited Bitcoin,” the analyst stated. While Bitcoin has yet to respond in full to this shift, the trend could support a future upward move, especially if liquidity continues to increase. Featured image created with DALL-E, Chart from TradingView

#bitcoin #btc price #crypto #bitcoin price #btc #crypto market #cryptocurrency #bitcoin news #btcusd #btcusdt #crypto news #btc news #bitcoin technical analysis #breaking news ticker

On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels.  Bitcoin Rally Faces Critical Test John Glover, the chief investment officer at crypto lending platform Ledn and a former managing director at Barclays Investment Bank, noted that the recent rally appears to be a retest of the previous all-time high set on May 22, which encountered selling pressure.  As some investors opted to take profits, notable publicly traded companies, including Trump Media & Technology Group and GameStop, have announced their intentions to purchase Bitcoin to bolster their treasuries.  Related Reading: Analyst Predicts 50% “Moonshot” For XRP Price If This Line Breaks Glover emphasized that the competition among these companies to accumulate Bitcoin could significantly impact market dynamics, given that the cryptocurrency’s popularity among publicly traded companies appears to be growing. However, the sustainability of Bitcoin’s rally largely hinges on macroeconomic conditions and developments in trade negotiations. Sid Powell, CEO of crypto asset-management firm Maple, highlighted that any setbacks in trade discussions before President Donald Trump’s August 1 deadline could pose challenges for Bitcoin’s price movement.  Conversely, if trade negotiations progress and inflation continues to ease, the Federal Reserve (Fed) might consider cutting interest rates, which could further support Bitcoin’s upward trajectory. Scenarios For A Potential Breakout Toward $130,000 Market expert Doctor Profit recently took to social media, declaring that Bitcoin’s rally is just beginning. He confidently stated, “THE PARTY IS NOT OVER YET,” predicting a potential new all-time high soon.  His analysis indicates a target range of $120,000 to $130,000 for this cycle. According to Doctor Profit, two potential scenarios could pave the way for this breakout.  The first involves Bitcoin reaching the $113,000 to $114,000 range, followed by a correction to the $92,000 to $93,000 level, which aligns with a major liquidity pool and the CME gap. A rebound from this lower range could set the stage for a rapid ascent toward the $120,000 mark. Related Reading: Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated The second, more aggressive scenario suggests that Bitcoin could break through the $113,000 to $114,000 barrier and continue its upward momentum without revisiting lower liquidity levels.  In either case, the $113,000 to $114,000 range is critical, as the market’s reaction to this level will significantly influence the speed and direction of Bitcoin’s next leg. When writing, BTC has retraced back toward $111,422, attempting to make this level its new support floor for further price appreciation.  Featured image from DALL-E, chart from TradingView.com 

#tether #crypto #crypto market #cryptocurrency #crypto news #tether news #tether ceo #tether (usdt) #tether gold #tether market cap

Tether Holdings, the issuer of the market’s largest stablecoin, USDT, has revealed that it maintains a vault in Switzerland to safeguard an impressive $8 billion stockpile of gold.  According to Bloomberg, the firm’s significant reserve of nearly 80 tons positions Tether as one of the largest gold holders globally, surpassed only by central banks and sovereign nations with the company based in El Salvador expressing intentions to expand its gold reserves further. Tether Reveals 5% Of Reserves In Precious Metals In a recent interview, Tether’s CEO, Paolo Ardoino, emphasized the security of their vault, claiming it to be among the most secure facilities worldwide. While he confirmed the vault’s location in Switzerland, he opted not to disclose its exact whereabouts, citing security concerns. Related Reading: PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table? Tether is best known for its stablecoin, USDT, which aims to maintain a one-to-one value with the US dollar. According to CoinMarketCap data, USDT dominates the stablecoin market with a capitalization of $158 billion. Circle’s USDC follows closely behind with a capitalization of $61 billion. However, both companies are expected to see a major surge in this metric as the recently approved US Senate stablecoin bill, the GENIUS Act, aims to provide issuers with a new regulatory framework that could further boost adoption and usage of the assets by traditional financial companies. The company also generates revenue by exchanging dollars for USDT tokens and investing the collateral in various assets, including US Treasuries. According to Tether’s latest financial report, precious metals now account for nearly 5% of the company’s reserves. Benefits Of The Gold-Backed XAUT Token In addition to USDT, Tether has introduced a gold-backed token known as XAUT, with each token representing one ounce of gold. Token holders have the option to redeem their XAUT for physical gold, which can be collected directly from the Swiss vault. Related Reading: Ethereum Sees $6 Billion In Tokenized Funds As Big Players Jump In Ardoino articulated a growing belief in gold as a safer asset compared to national currencies, particularly in light of rising concerns over the increasing debt levels in the United States.  He noted that as these concerns grow, investors may seek alternatives, such as gold. The firm’s CEO further highlighted that every central bank within the BRICS nations is actively purchasing gold, which he believes has contributed to the rising price of the precious metal. Per the report, the decision to establish Tether’s own vault rather than relying on traditional precious metals vault operators was primarily influenced by cost considerations.  As of press time, Circle’s newly launched stock, CRCL, has closed the trading day at $204, approximately a 31% gap between current valuations and their record price of $298.   Featured image from DALL-E, chart from TradingView.com 

#bitcoin #crypto #btc #crypto market #bitcoin market #bitcoin news #cryptoquant #btcusdt

Bitcoin has continued to trade within a tight range just below its previous all-time high, showing recent signs of upward movement but falling short of reclaiming its peak price. The asset recorded a seven-day high of $110,307, but it has since cooled, with current trading levels around $108,311, representing a slight 0.3% drop over the last 24 hours. While the broader market maintains cautious optimism, several indicators suggest that market participants remain split on where Bitcoin is headed next. Related Reading: Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So Bitcoin Shorts Increase on Binance Despite Price Climb Despite the price strength seen in recent days, certain signals hint at increasing friction between bullish price action and bearish positioning from traders. According to a recent analysis by CryptoQuant contributor BorisVest, Bitcoin’s rise is being met with a counterintuitive decline in funding rates on Binance, the largest crypto exchange by volume. This trend could play a crucial role in shaping short-term market behavior. BorisVest noted that as Bitcoin consolidates within the $100,000 to $110,000 range, funding rates on Binance have gradually declined. This suggests that a significant number of traders are taking short positions—essentially betting that Bitcoin’s rally will soon reverse. The analyst explained that this behavior indicates skepticism about the sustainability of the recent price gains, particularly among retail and leverage-focused traders. “The declining funding rates show that users on Binance are increasingly shorting Bitcoin,” he explained. “This dynamic often creates forced exits as short positions come under pressure, leading to liquidations or forced margin increases. These events can further propel upward price movement as positions get closed out automatically.” Given Binance’s dominance in trading volume, BorisVest emphasized that its funding rate trend serves as a strong proxy for overall market sentiment. If current positioning continues, the market may see a short squeeze, which could accelerate Bitcoin’s momentum toward new highs. On-Chain Metric Flags Caution as NVT Golden Cross Edges Higher While futures market dynamics are drawing attention, on-chain data is also showing signs worth monitoring. Another CryptoQuant analyst, Burak Kesmeci, highlighted the movement of Bitcoin’s NVT Golden Cross metric, a tool used to assess market value in relation to on-chain transaction volume. This metric has historically signaled local tops when it moves above specific thresholds. In his analysis, Kesmeci pointed out that the NVT Golden Cross successfully identified three prior short-term peaks in 2025, each followed by corrections ranging from 9% to over 20%. Related Reading: Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An All-Time High? The metric currently sits at 1.98, below the 2.2 threshold that has often indicated overheated market conditions, but is trending upward. “While the current level isn’t yet in the danger zone,” Kesmeci wrote, “its upward trajectory could be an early warning that price momentum is beginning to overextend.” However, the analyst cautioned against interpreting the signal as immediately bearish. In previous cases, the NVT Golden Cross remained elevated for several days before a correction followed. This behavior may instead point to continued strength among bulls, at least in the medium term, even if a near-term pullback remains possible. Featured image created with DALL-E, Chart form TradingView

#blockchain #ripple #xrp #altcoin #altcoins #crypto market #xrp price #cryptocurrency

XRP slipped to around $2.22 on July 7, marking a quiet session for the token. That price sits well below what many crypto backers think it should be. Related Reading: Bitcoin Meets Heartbreak In Drake’s Latest Track—Details They point to XRP’s speed, its ability to handle thousands of transfers every second, and a growing list of real‑world partnerships as reasons it’s undervalued. XRP Eyes A Slice Of Remittance Market According to recent projections, the global remittance industry will swell from $783 billion in 2024 to $833 billion in 2025, growing at about 6.4% a year. That same pace is expected to push the total to roughly $1.06 trillion by 2029. Based on reports, if XRP captures 25% of that market and investors value its network at twice its annual volume—similar to big payments firms—the token’s market cap would hit $534 billion. With about 60 billion XRP in circulation, each coin would be worth $8.90. Source: The Business Research Ripple Expands Global Ties Ripple has been busy lining up deals in places that move lots of money overseas. Brazil, Mexico, the UAE, Saudi Arabia, Vietnam, and the Philippines are all on the list. In these markets, people sending cash home often face high fees and slow transfers. XRP’s consensus system lets banks and money‑transfer firms settle payments in seconds, not days. That speed could help push adoption even higher. Legal Clarity Boosts Confidence Based on court rulings, the US now treats XRP sales to retail buyers as not being securities. That change opens the door for more banks and payment companies to jump in without fear of a legal sting. It also gives some larger investors more confidence to hold XRP long term. Purely on network‑value math, XRP at $8.89 would already be a four‑fold jump from $2.22. But crypto markets often bid up tokens beyond those simple models. If growing adoption brings a 4× “demand premium,” XRP could climb all the way to $35.56 by 2029. That scenario assumes Ripple’s partnerships scale up, regulatory risks stay low, and investors see XRP as a must‑have tool for cross‑border payments. Related Reading: Brazil’s Central Bank Hacked—$40M In Crypto Washed In Aftermath Key Risks And Variables Nothing is guaranteed. Market sentiment can swing. Token emissions from escrow or new supply changes could hurt the price. And if banks take longer than expected to roll out XRP‑based services, demand could lag. On the flip side, more use cases—like tokenized assets or on‑demand liquidity—could boost real‑world volume and push the price even higher. Featured image from Meta, chart from TradingView

#ripple #blockchain technology #xrp #altcoin #crypto market #xrp price #cryptocurrency #crypto news

Despite its choppy price action in the past seven days, the mood in the XRP camp is increasingly bullish. Particularly, XRP is witnessing a wave of bold predictions from several top crypto analysts. This comes just as a major real-world asset tokenization project promises to increase demand and utility for XRP on a global scale by tokenizing $200 million worth of assets on the XRP Ledger. Related Reading: Bitcoin’s True Value Is Higher Than $110,000, Expert Warns Not Bullish Enough On XRP? Crypto analyst CrediBULL is pushing a bold message to the XRP community: the market is still underestimating the altcoin’s bullish setup. In a post on social media platform X, he noted that XRP is currently going on its eighth month of consolidation above its previous all-time high monthly close, which is a feat that few assets in the market can match.  He pointed to this extended sideways movement, especially after a strong impulse off the $0.50 level in late 2024, as evidence that XRP is preparing for a continuation of the breakout. Notably, its monthly candlestick chart shows a tight cluster of monthly candles hovering above the $2.00 range. According to CrediBULL, this structure is one of the cleanest in the crypto space, second only to Bitcoin.  Image From X: CrediBULL Another major contributor to the current bullish narrative is an analyst known as Ripple Pundit, who projected a 35,000% price surge for XRP the moment Ripple announces a banking license. In his post on the social media platform, he predicted that a regulatory greenlight and the final resolution of XRP’s regulatory overhang with the SEC could trigger a significant increase in price. Similarly, market commentator SMQKE drew attention to the explosive XRP price surge in late 2017 and early 2018, during which Ripple cofounder Chris Larsen briefly became one of the wealthiest individuals in the world due to XRP’s quick rally from $0.00065 to $2.5. SMQKE noted that the last cycle was merely a glimpse of what’s coming. The next wave of adoption will be global, fully regulated, and built for scale. In his words, “2018 was just a warm-up.” Technical analyst Ali Martinez added further credibility to the bullish case by pointing out the $2.38 level as the next major resistance. This is based on on-chain data from Glassnode’s UTXO Realized Price Distribution (URPD), which shows a significant XRP volume concentrated at this price level. If XRP manages to clear this area with strong volume, it would not only overcome heavy resistance but also trigger a cascade of buying interest and a major rally. Image From X: @ali_charts Mercado Bitcoin Tokenization Deal On XRPL XRP’s underlying utility is also gaining traction beyond price charts and predictions. Mercado Bitcoin, one of Latin America’s largest digital asset platforms, recently announced plans to tokenize over $200 million worth of real-world assets (including fixed income and equity instruments) directly on the XRP Ledger.  Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest This initiative supports the bullish thesis for XRP’s price action. At the time of writing, XRP is trading at $2.25, up by 2% in the past 24 hours. Featured image from Pixabay, chart from TradingView

#ethereum #blockchain #eth #altcoin #altcoins #crypto market #cryptocurrency #crypto news #ethusd

Ethereum’s price action is gearing up for a surge of epic proportions, according to crypto technical analyst MasterAnanda on the TradingView platform.  Ethereum has spent a majority of the past two months consolidating above the $2,425 support zone, in what might be an accumulation phase before a major breakout. Nonetheless, MasterAnanda’s analysis suggests that Ethereum is on the verge of entering its strongest bullish wave in years, with a breakout target that starts at $5,791.  Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Ethereum To Break Out To At Least $5,791 MasterAnanda’s weekly candlestick chart shows a large ETH wedge pattern with consistently rising lows from June 2022 to April 2025. On the other hand, price highs have been relatively flat, specifically around the March and December 2024 peaks. Ethereum’s behavior since April has been marked by low volatility and sideways movement, which often precedes large market moves. The most interesting move was when its price dropped to as low as $1,470 on April 9 before quickly rebounding and establishing a rounded bottom formation.  Nonetheless, the analyst noted that Ethereum is due a major, major bullish wave. The question is not whether it will happen, but when it will. Now that the current consolidation is sitting right above trendline support, MasterAnanda argues that this formation will soon give way to a powerful bullish wave. The target is a minimum of $5,791, which is based on the 1.618 Fibonacci extension.  Interestingly, the analyst noted that it is possible for the Ethereum price to reach $8,500 or higher in the longer term if it breaks above the resistance trendline, which is currently at $4,000. This prediction is backed by improving fundamentals and current on-chain data showing accumulation through Spot Ethereum ETFs. Wyckoff Accumulation Says It’s Ethereum’s Turn Crypto analyst Ted Pillows shared a separate but related analysis on the social platform X that’s based on a Wyckoff accumulation pattern playing out on ETH’s weekly chart. Pillows called the selloff to the $1,470  low in April as the “Spring” phase of Wyckoff accumulation, followed by a successful “Test” of a September 2024 support around $2,145, and the gradual move back to resistance now.  According to his projection, Ethereum’s breakout will unfold in stages. The first stage is a push to $3,000, then a correction, followed by a rise to $4,000 in Q3. Only after these steps will the parabolic leg truly begin. The parabolic leg, in this case, should take Ethereum above $5,700, if the price action plays out as predicted. Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ His analysis closely aligns with MasterAnanda’s call for a minimum $5,791 target. Just as the Wyckoff accumulation pattern pumped Bitcoin to its most recent all-time high, Ethereum may be on the verge of its own spotlight moment in this ongoing 2025 bull cycle. At the time of writing, Ethereum is trading at $2,516. Featured image from Unsplash, chart from TradingView

#bitcoin #blockchain #bitcoin price #btc #crypto market #cryptocurrency #btcusd #crypto news

Bitcoin is currently holding just above the $108,000 level and bulls are maintaining momentum after a volatile start to July. However, a closer look at on-chain data shows how fragile that position might be.  Interestingly, two support levels, $106,738 and $98,566, are now the most important zones for bulls to defend. These levels represent clusters of addresses holding large amounts of Bitcoin, and losing them could trigger a deeper correction. Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ Bitcoin’s Support Clusters Around $106,000 And $98,000 Taking to the social media platform X, crypto analyst Ali Martinez pointed to two major support levels based on data showing Bitcoin’s purchase clusters. This data is based on Sentora’s (previously IntoTheBlock) In/Out of the Money Around Price metric among addresses that bought Bitcoin close to the current price.  As shown by the metric, the most important current zones of purchase are at $106,738 and $98,566. These two zones are where massive buying activity has occurred in the past few weeks, and they could act as support in case of a Bitcoin price crash.  The first zone, between $104,982 and $108,190, contains 1.68 million addresses with a total volume of 1.28 million BTC at an average price of $106,738. Below the first zone, a larger group of 1.71 million addresses holds a greater volume of 1.25 million BTC within the price range of $95,248 to $98,566, with an average price of $98,566. As long as Bitcoin continues to trade above these levels, the ongoing rally could continue to push upward. However, if these pockets of demand are broken with enough selling pressure, the leading cryptocurrency could enter into an uncertain price zone with little buying interest to provide support. Speaking of selling pressure, on-chain data shows a slowing sell pressure among large holders. According to data from on-chain analytics platform Sentora, Bitcoin recorded its fifth straight week of net outflows from centralized exchanges. The past week alone saw more than $920 million worth of BTC moved into self-custody or institutional products, mostly Spot Bitcoin ETFs. Bitcoin Needs To Break Weekly Resistance For New Highs Even with solid demand zones beneath, Bitcoin’s path to new highs is not yet confirmed. Analyst Rekt Capital weighed in with his analysis, noting that Bitcoin is currently facing a strong weekly resistance band just under $109,000. Particularly, Bitcoin is at risk of a lower high structure on the weekly candlestick timeframe chart. Rekt Capital noted that a weekly close above the red horizontal resistance line must be achieved in order for Bitcoin to reclaim a more bullish stance. That resistance, which is currently around $108,890, is acting as a ceiling for Bitcoin’s upward rally. Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest As such, Bitcoin would need to make a weekly close above $108,890 to position itself for new all-time highs. Unless there is a convincing break of that level, the price action of Bitcoin could be erratic and susceptible to a retracement to $106,000. At the time of writing, Bitcoin is trading at $108,160. Featured image from Unsplash, chart from TradingView

#bitcoin #blockchain #bitcoin price #btc #crypto market #cryptocurrency #btcusd #crypto news

Bitcoin has held steady around the $108,000 price level in recent days. After bouncing back from a brief pullback near $105,500 on Wednesday, Bitcoin recently tested $109,000 again in the past 24 hours. A popular crypto analyst has shared a long-term “Bitcoin Bull Run Cheat Sheet” that claims that the cryptocurrency has now entered into the final phase that will lead to massive price gains. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Bitcoin Cheat Sheet Declares Start Of Final Bull Phase In a recent post on X, Merlijn The Trader released what he dubbed the “Bitcoin Bull Run Cheat Sheet.” This cheat sheet is a breakdown of Bitcoin’s past market movements that shows the distinct phases of bear markets, accumulation zones, and subsequent parabolic bull runs.  The cheat sheet divides each of Bitcoin’s two previous cycles from 2014 into three colored boxes: red for bear markets, orange for accumulation, and green for bull runs. Merlijn’s chart traces this repeating structure over the past decade, showing how each bull market followed a similar rhythm that began after a lengthy consolidation period and ended with a strong price explosion. The first full cycle began with Bitcoin’s peak around $1,000 in December 2013. Following that top, the price entered a long, painful bear market that spanned into 2015. This red-box phase eventually transitioned into accumulation, where Bitcoin traded sideways between $80 and $500 for a prolonged period. The green bull run box on the chart began around early 2017, and eventually ended with a peak just below $20,000 in late 2017. According to the cheat sheet, this entire cycle from peak to new peak lasted 1500 days. Bitcoin’s second cycle kicked off after its December 2017 top. A long drawdown followed, and the bear market phase dragged Bitcoin down to $3,000 by the end of 2018. The chart marks this point with another red box, followed by the orange accumulation zone that stretched well into 2020.  The cheat sheet’s green box reappeared in late 2020 right as Bitcoin broke above its previous highs. The price shot up throughout 2021 and eventually reached a new all-time high around $69,000 in November of that year. This second full cycle was shorter than the first and spanned around 1400 days from the previous top. When Will The Next Bull Run Begin? The current cycle began with Bitcoin’s all-time high in November 2021. Since then, the market has gone through its familiar sequence. A sharp decline into 2022 which bottomed around $15,000 represents the bear market phase. The decline was followed by nearly a year of sideways movement and slow recovery up until early 2025. This is represented as the orange accumulation box on the cheat sheet above. According to the analyst, Bitcoin is now in the next bull phase, and possibly the largest one yet. The chart projects a continuation along the long-term growth curve, possibly toward the $250,000 to $300,000 range over the coming year. Notably, the timeline for the entire cycle this time should take about 1,300 days from late 2021 to complete. Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest At the time of writing, Bitcoin is trading at $108,260. Featured image from Pixabay, chart from TradingView

#altcoin #crypto market #link #cryptoquant #chainlink #linkusdt

Chainlink (LINK) is trading at $13.36, following a 3% drop in the past 24 hours, which places the altcoin approximately 74% below its all-time high of $52.70, recorded in May. Despite this short-term dip, LINK has held onto weekly gains of around 2.4%, suggesting broader market participants may still be weighing its long-term potential. While price remains rangebound, recent on-chain data indicates that LINK’s price action could be the result of diverging behavior between retail and institutional investors. Related Reading: Chainlink (LINK) On Standby: Bitcoin’s Next Move Holds The Key Chainlink Institutional Accumulation and Supply Pressure CryptoQuant contributor “Banker” highlighted a growing structural dynamic in the LINK ecosystem in a recent QuickTake analysis titled “LINK’s Accumulation Standoff: Whales Build, Retail Waits.” The report outlines how LINK is currently in a consolidation phase between $12 and $15, where institutional actors have been steadily accumulating tokens, while retail users remain largely passive. This discrepancy may be playing a key role in capping upward momentum despite persistent LINK outflows from centralized exchanges. According to Banker, exchange netflows for LINK have remained negative at roughly -100,000 LINK per week, signaling that more tokens are being withdrawn from trading platforms than deposited. This behavior is typically associated with accumulation activity, particularly from larger holders or “whales” who may be positioning for longer-term appreciation. Historical spikes in retail deposits, such as the +5 million LINK deposited in March 2025, have proven to be exceptions rather than the norm, as retail activity has since remained subdued. Supporting this view, active LINK addresses have hovered consistently between 28,000 and 32,000 per day, while transaction counts average around 9,000 daily. These figures have not rebounded from previous activity peaks seen in late 2024, even as Chainlink’s oracle usage has expanded. Meanwhile, elevated levels of exchange withdrawals, peaking at over 3,000 per day in Q4 2024, remain a dominant force. With leverage metrics staying neutral, whales have been able to withdraw LINK without introducing significant price volatility, resulting in a 40% year-to-date drop in exchange reserves. Market Outlook Hinges on Retail Reentry or Whale Fatigue As LINK’s consolidation persists, the path forward may depend on a shift in market dynamics. Banker points out that a meaningful breakout will likely require renewed participation from retail traders, as evidenced by a spike in active wallet addresses and transaction volume. Related Reading: Chainlink Holders Set Record As 1-Yr MVRV Signals ‘Opportunity’ If these metrics rise and price breaks above the $15 price mark, momentum could build for a stronger upward trend. On the other hand, a decline in whale-driven withdrawals or an increase in exchange inflows could weaken accumulation, potentially pushing LINK back down toward the $10 level. Banker added: Until catalysts emerge, whales silently build positions, echoing Bitcoin’s 2023 consolidation before its 2024 surge. Featured image created with DALL-E, Chart from TradingView

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The Bitcoin market now appears to be seeing a notable surge in its momentum, with the asset finally breaching the $110,000 mark to inch really close to its all-time high. The asset has so far registered a 24-hour high of $110,117, less than 3% increase away from its all-time high of $111,814 registered in May. At the time of writing, BTC trades back at $109,000 levels, marking a 1.3% increase in the past day. While the price action alone has fueled speculation of an imminent breakout, several analysts suggest that deeper structural shifts within the market are at play. On-chain data particularly reveals changes in whale activity, exchange flows, and stablecoin dynamics that could offer clues about the market’s next move. Related Reading: Bitwise Just Sounded The Alarm—Bitcoin Could Explode Soon Signs of Reduced Bitcoin Selling Pressure and Upward Bias CryptoQuant analyst Crypto Dan shared a detailed view of the current state of Bitcoin’s price structure, emphasizing a broader directional change in the market that began in April. According to the analyst, Bitcoin’s recent price resilience can be attributed to a noticeable decline in selling pressure from US-based institutional investors and whales. These large players, who were previously offloading significant holdings, have shifted into accumulation mode in recent months. Dan explained that Bitcoin appears to be in a transitional phase. He observed a gradual fade in sell-side activity from major US wallets since April, and that drop has been met with stable buying pressure. This suggests that institutions are no longer offloading positions but are maintaining or adding to their holdings. Dan added that the current consolidation, marked by Bitcoin’s price hovering above the $100,000 range, is allowing short-term overheated indicators to cool down. Dan noted: While the possibility of a correction remains, the broader market direction continues to be upward, so I will maintain my perspective and look forward to the second half of 2025. Overall, this could mean that the ongoing price action in the market may be the calm before a longer-term move upward, assuming macro conditions remain supportive. Exchange Outflows and Liquidity Trends Paint a Risk-On Picture Adding further context, another CryptoQuant contributor, Novaque Research, pointed to recent shifts in on-chain flows and broader liquidity conditions. According to their data, exchange outflows have picked up notably since late June, with some days seeing over 10,000 BTC withdrawn. Such behavior typically signals long-term investor confidence and a reduced likelihood of near-term sell pressure. Additionally, the report noted that miners have remained largely inactive in terms of selling despite BTC trading above $100,000. Related Reading: Whales Are Quietly Repositioning, Here’s What Bitcoin’s $107K Price Isn’t Telling You This suggests confidence in price sustainability and possible anticipation of more favorable financial conditions. Meanwhile, stablecoin activity has also shown key changes. Both USDC and USDT supply ratios on exchanges have been trending downward since mid-June, indicating capital is sitting idle rather than flowing into spot markets. Novaque noted that investors may be on the sidelines waiting for confirmation, but the structural behavior is leaning toward accumulation. Featured image created with DALL-E, Chart from TradingView

#ethereum #crypto #ethereum price #eth #crypto market #crypto news #ethusdt #ethereum news #crypto analyst #latest ethereum news #ethereum price forecast #ethereum price news

Ethereum (ETH) has recently experienced a significant resurgence, reaching a three-week high of $2,600 after a notable spike on Wednesday. This uptick comes at a time when a key company is considering ETH as a potential treasury reserve asset, underscoring renewed interest in the cryptocurrency. Forecasting $7,000 Potential Despite being one of the poorer performers among the top ten cryptocurrencies, with a year-to-date decline of 24%, Ethereum’s recent 6% surge has allowed it to outpace competitors, including Bitcoin (BTC), which is close to its all-time high.  Crypto analyst Alek Carter has also expressed a bullish outlook on Ethereum (ETH), drawing parallels between the current price patterns and those observed in 2020.  Related Reading: Public Firms Snag 131,000 BTC, Surpassing ETFs In Bitcoin Purchases He describes the recent movements in ETH’s chart as reminiscent of the “dead cat bounce” phenomenon—a term used to describe a temporary recovery in price after a significant decline—followed by a final retest before a substantial upward trend. Carter points out that Ethereum underwent a similar trajectory in 2020, where it initially experienced a dip before rebounding sharply to reach a peak of over $3,500.  He believes that the recent completion of what he terms the “final retest” suggests that Ethereum is poised for another significant rally. If the current setup mirrors the previous cycle, Carter anticipates that ETH could potentially reach a new high of $7,000. Bullish Sentiment For Ethereum The bullish sentiment surrounding ETH is further reflected in the performance of stocks associated with the cryptocurrency. BitMine, a Bitcoin mining company that recently announced plans to make ETH its primary treasury reserve, saw its stock soar by about 20%, with an increase of over 1,000% since the announcement.  Similarly, SharpLink Gaming, which has adopted an ETH treasury strategy, experienced an 11% rise, while Bit Digital, which shifted its focus from Bitcoin mining to Ethereum treasury and staking, gained more than 6%. Moreover, the recent interest in ETH is evident in the performance of Ethereum ETFs, which saw inflows of $40 million on Tuesday, led by BlackRock’s iShares Ethereum Trust. A Experts also highlight that ETH’s smart contract capabilities have established it as a leading platform for the tokenization of traditional assets, including US dollar-pegged stablecoins.  The ‘Backbone’ Of Stablecoins? Fundstrat’s Tom Lee characterized Ethereum as “the backbone and architecture” of stablecoins, given that issuers like Tether (USDT) and Circle’s USD Coin (USDC) operate on its network. Additionally, BlackRock’s tokenized money market fund, known as BUIDL, launched on Ethereum last year. Tokenization itself represents a transformative process, allowing digital representations of publicly traded securities and real-world assets to be issued on blockchain networks.  While holders of tokenized assets do not possess outright ownership, the mechanism opens up new avenues for investment and asset management. Related Reading: Michael Saylor’s Strategy Set To Yield $14 Billion Profit In Q2, Bloomberg The latest wave of interest in Ethereum and related assets follows Robinhood’s announcement to enable trading of tokenized US stocks and ETFs across Europe.  This development comes on the heels of a growing interest in stablecoins, spurred by Circle’s IPO and the Senate’s passage of the GENIUS Act, a proposed stablecoin bill that aims to provide a new framework for these assets to integrate in the broader financial landscape. Featured image from DALL-E, chart from TradingView.com

#bitcoin #crypto #btc #crypto market #bitcoin market #bitcoin news #cryptoquant #btcusdt

Bitcoin continues to show little upward momentum as it trades below the $110,000 mark. As of the time of writing, the asset is priced at $108,071 after recording a modest 2% gain in the past 24 hours. Despite nearing its all-time high in recent weeks, Bitcoin appears to be caught in a holding pattern as institutional rebalancing and on-chain dynamics take center stage. Recent analysis by CryptoQuant contributor Kripto Mevsimi has drawn attention to unusual on-chain activity during the final days of June. Related Reading: Bitcoin Seasonality: Why Summer 2025 Will Catch Everyone Off Guard Institutional Rebalancing and Local Exhaustion Signals In a post titled “Whale Profit-Taking and Loss Realizations: Was Late June a Local Pivot Point?” the analyst noted conflicting behaviors among Bitcoin whales. A notable $641 million in realized profits was recorded alongside more than $1.24 billion in realized losses, a combination that suggests a potential inflection point in market sentiment. Mevsimi emphasized that this mixed realization trend came at the close of the second quarter, a period often associated with institutional portfolio adjustments. “Structurally, late June is also the end of H1, when ETFs and institutional funds often rebalance portfolios,” he wrote. Mevsimi added: “That timing adds weight: this wasn’t just noise — it may have been a deliberate repositioning.” Notably, these large movements in realized profit and loss did not extend into early July, which may imply either a temporary stabilization or the beginning of a new market phase. The report also detailed divergent whale behavior. Newer whales, likely short-term participants entering in Q2, showed signs of capitulation, realizing both profits and significant losses. In contrast, older whales locked in $91 million in profits with negligible losses. This division may indicate a shift in control, with experienced holders offloading risk while short-term players exited amid market uncertainty. According to Mevsimi, the convergence of these trends hints at a local exhaustion phase rather than a continued rally. Bitcoin LTH Unrealized Profits and Historical Context In a separate analysis, CryptoQuant’s Darkfost explored the unrealized profit profile of Bitcoin long-term holders (LTHs), revealing a downward trend despite BTC’s proximity to record highs. Citing the Market Value to Realized Value (MVRV) ratio, Darkfost noted that average unrealized profits have fallen to around 220%. This is well below the peaks recorded during market tops in March and December 2024, which reached 300% and 350%, respectively. “Although these profits may seem substantial, we’re still far from the levels observed during the tops of this cycle,” Darkfost stated. The realized price for LTHs now stands at approximately $39,000, suggesting a strong cushion but also reinforcing that speculative excess has yet to return in full force. Related Reading: Bitwise Just Sounded The Alarm—Bitcoin Could Explode Soon The analyst added that a return to top-cycle unrealized profit levels would require BTC to rise to around $140,000, a target echoed by several bullish forecasts. Featured image created with DALL-E, Chart from Tradingview

#crypto #tron #altcoin #trx #crypto market #cryptocurrency #cryptoquant

While the broader crypto market experienced a downturn with a 2.7% decline in total market cap over the past 24 hours, TRON (TRX) managed to move in the opposite direction. TRX recorded a 0.6% gain during the same timeframe, bringing its current trading price to $0.2788. Zooming out to a weekly view, TRON has posted a 2.4% increase, standing out among major assets amid an otherwise lukewarm market. This movement has caught the attention of on-chain analysts tracking deeper signals in the TRON ecosystem. According to CryptoQuant analyst Darkfost, TRON’s long-term price behavior reveals increasing resilience and a diminishing susceptibility to extreme volatility. Related Reading: Tron’s 374% Profit-Taking Spree Uncovered—Here’s Who Was Behind It Reduced Drawdowns Point to Market Maturity In a recent post titled “TRX Drawdowns Highlight Growing Resilience,” Darkfost shared drawdown analysis as evidence that TRON has become structurally more stable over time. He explained that drawdown metrics, which measure the peak-to-trough decline in an asset’s price, can serve as a reliable tool for identifying strategic market entry points. Darkfost highlighted four major TRX drawdown periods since 2020: a 61% drop in March 2020, a 70% fall in June 2021, a 55% decline in January 2022, and a 40% decrease in January 2025. Each of these correction phases was followed by significant recoveries. However, the drawdown depth has consistently decreased with each cycle, a development the analyst interprets as a sign of increasing investor confidence and capital retention in the TRON network. “With TRX now trading around $0.27, each of these drawdowns has proven to be profitable in hindsight,” Darkfost noted. He added that the trend suggests that TRON is evolving into a more stable asset class with stronger market positioning. Contributing to this stability is the ongoing flow of capital and growing ecosystem usage, particularly for stablecoin transactions. TRON has become a dominant layer for Tether (USDT) transfers, and data from CryptoQuant analyst Maartunn supports this view. TRON Surpasses Ethereum in Stablecoin Settlement In a separate post, Maartunn reported that TRON processed a record $23.4 billion in daily USDT transfers on June 25, 2025, an all-time high for the network. This figure significantly surpasses the $9.9 billion handled by Ethereum on the same day, highlighting the divergence between the two blockchains. Maartunn pointed out that TRON has outperformed Ethereum in USDT transfer volume since mid-2022, noting that the gap between the two networks continues to widen. “The chart doesn’t just show a record; it highlights the growing gap between TRON and Ethereum,” he wrote. While Ethereum’s USDT activity has declined roughly 39% since its November 2024 peak, TRON remains in an upward trend. This transition signals a growing role for TRON as the main settlement layer for Tether transactions, while Ethereum appears to be shifting toward other use cases. Featured image created with DALL-E, Chart from TradingView

#bitcoin #crypto #btc #crypto market #cryptocurrency #bitcoin news #cryptoquant #btcusdt

Bitcoin remains within a relatively tight range, struggling to gain sufficient momentum to break the $110,000 mark. At the time of writing, the leading crypto by market cap trades at $106,437, down 1.1% over the past 24 hours and nearly 4.8% below its May all-time high. The current consolidation range between $105,000 and $107,000 has prompted close monitoring of market behavior, especially from whales and long-term holders (LTHs), as the market attempts to find its next direction. Related Reading: Bitcoin Dominance Shows Bearish Divergence – Altseason Could Be Near Bitcoin Whales Lead Market Activity as Profit Realization Surges Recent data from CryptoQuant suggests that a significant shift in realized profits on Binance may be influencing short-term price trends. CryptoQuant analyst Crazzyblockk highlighted a major event on June 16, when over $2.6 billion in profits were realized on Binance alone, the second-largest spike of its kind on the platform. This activity was followed by immediate selling pressure and market reaction, suggesting that profit-taking from large investors remains a core factor in the current price movement. According to Crazzyblockk, the June 16 event saw a total of $4.5 billion in realized profits across centralized exchanges, with Binance accounting for nearly 58% of that volume. “This milestone is more than just a data point — it’s a reminder of Binance’s unmatched influence on global crypto markets,” the analyst wrote. He emphasized Binance’s role in price discovery and how whale behavior on the platform often serves as a proxy for broader market sentiment. As institutional participants and high-net-worth investors execute large moves on Binance, their actions can foreshadow phases of trend reversals or sustained accumulation. The data also shows the importance of tracking realized profit and loss (PnL) metrics, especially on high-volume exchanges. The event reflects what Crazzyblockk described as “strategic profit-taking by sophisticated participants,” many of whom rely on Binance’s infrastructure for executing high-liquidity trades. Long-Term Holder Selling Seen as Constructive Rotation In a separate QuickTake post, CryptoQuant analyst Yonsei Dent offered a different perspective by analyzing long-term holder activity. Dent observed that although Bitcoin has been trading sideways between $100,000 and $110,000 since May, on-chain indicators such as Spent Output Age Bands (SOAB) and Binary CDD show persistent selling from long-term holders. These are entities that have held their coins for more than six months, indicating a redistribution of supply. However, Dent argues that this selling may not imply weakness. “Despite this steady LTH selling, the price hasn’t broken down. This means the market is absorbing the sell pressure—implying new demand is coming in,” he explained. According to Dent, this dynamic, a rotation from older holders to new buyers, is common during mid-to-late stages of a bull market. Related Reading: Warning Signs? Long-Term Bitcoin Holders Take Profits as Leverage Spikes He also noted increased activity from coins held for one to three years, possibly reflecting profit-taking from previous cycle participants. Ultimately, Dent suggested the market may be undergoing a quiet redistribution, a phase that could lay the groundwork for future upside if buy-side demand remains strong. Featured image created with DALL-E, Chart from TradingView

#bitcoin #eth #btc #altcoin #crypto market #cryptocurrency #bitcoin news #cryptoquant #btcusdt

Bitcoin and Ethereum both posted modest gains in the past week, with BTC rising 6.2% and ETH up by 9.6%. However, momentum appears to have paused at the start of the new week. As of Monday, Bitcoin trades just above $107,000 after a slight 0.6% daily dip, while Ethereum has remained flat over the past 24 hours. Analysts have turned to blockchain data and macro signals for cues on where the market may head next. Related Reading: Bitcoin Freezes Over $100,000 As OG Whales ‘Dump On Wall Street’: Expert Bitcoin and Ethereum Onchain Trend Recent insights from CryptoQuant Quicktake platform contributor Amr Taha provide some context behind the price action. In a detailed post, Taha noted that Ethereum inflows to Binance have continued for five consecutive days, a trend that could suggest either rising sell pressure or repositioning by major players. At the same time, data from Bitcoin’s short-term holder (STH) Net Position Realized Cap shows a notable reversal, increasing from negative $49 billion to over $5 billion. This pattern is typically associated with increased activity from retail investors, especially during periods of upward price movement. Taha noted: Historically, spikes in (STH) occur near potential market tops, as retail investors tend to FOMO into Bitcoin rallies. While this doesn’t necessarily signal a reversal, it has often preceded short-term corrections or periods of sideways consolidation. Bitcoin’s steady climb in June, despite occasional pullbacks, appears to have encouraged smaller investors to re-enter the market. In the case of Ethereum, another CryptoQuant analyst, “crypto sunmoon,” pointed to continued accumulation by long-term holders during last month’s price consolidation. This suggests a different dynamic is at play on the Ethereum side, with more patient capital building positions amid ongoing price suppression. Long-term holder accumulation often indicates growing confidence in an asset’s future, even if current market conditions appear lackluster. US Policy and Macro Risk Add Layers to Market Outlook Beyond market behavior, external factors may also shape crypto price action. Amr Taha highlighted recent political developments in the United States, particularly former President Donald Trump’s announcement of a proposed Senate bill promising wide-reaching tax cuts. The bill, which excludes taxes on tips, overtime, and Social Security income, could lead to an increase in consumer liquidity. If passed, this could impact investor appetite across both traditional and digital markets by temporarily boosting household spending power. Related Reading: Bitcoin Bears Are Taking Fresh Market Positions, But Are They Safe? However, not everybody is convinced of the bill’s long-term implications. Tesla CEO Elon Musk warned that the measure, if not accompanied by spending cuts, could expand the federal deficit and lead to economic instability over time. Large fiscal imbalances often have ripple effects on monetary policy, potentially affecting interest rates, inflation expectations, and risk sentiment, all of which can influence investor behavior in crypto markets. Taha concluded: Geopolitical disturbances can significantly impact investor sentiment. In response, investors might reconsider their positions in asset markets, possibly moving away from riskier assets and equities toward more stable options like bonds or safe-haven currencies. Featured image created with DALL-E, Chart from TradingView

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Bitcoin continues to maintain its upward trajectory following a minor correction, now trading at $107,251, reflecting a 2.3% increase over the past week. Although still trailing its May all-time high of $111,000 by around 4%, the asset’s price action signals a notable return of momentum. The crypto market, led by Bitcoin, has seen renewed trading activity in recent weeks as investor sentiment oscillates between bullish optimism and profit-taking behavior. According to new on-chain data analyzed by CryptoQuant contributor Amr Taha, Bitcoin may be approaching a critical phase that demands greater attention from market participants. Related Reading: $179,000 Or $79,000? Bitcoin Faces Critical Cycle Pivot, Says Analyst Open Interest Spikes Signal Potential Profit-Taking Zones In his analysis titled “Binance Open Interest Spikes and Long-Term Holder De-risking: Bitcoin is Approaching a Turning Point”, Taha highlights two developing trends: repeated spikes in open interest on Binance and a significant drawdown in long-term holders’ exposure. Both indicators, he suggests, reflect changing market dynamics that could influence Bitcoin’s short-term trajectory. One of the key observations from Taha’s analysis is the behavior of Binance’s 24-hour open interest (OI), which has exceeded 6% for the third time in two months. Historical patterns indicate that previous occurrences on May 26 and June 10 were followed by short-term price corrections or periods of consolidation. These spikes often indicate an increase in leveraged trading positions, which tend to precede short-term profit-taking as traders seek to lock in gains. This trend may suggest that Bitcoin is entering another phase of heightened volatility where rapid shifts in market sentiment could influence price direction. The presence of leveraged positions, particularly at elevated price levels, increases the likelihood of sudden liquidations or pullbacks. While this does not confirm an imminent reversal, it marks a zone where caution may be warranted, especially for short-term traders. Such spikes in open interest often act as precursors to more conservative positioning or brief market cooling periods. Bitcoin Long-Term Holders Reduce Risk Exposure In addition to rising speculative activity, a separate trend tracked by Taha focuses on the behavior of long-term holders (LTHs). Data shows that the LTH Net Position Realized Cap, a measure of the realized value of Bitcoin held by these investors, has declined sharply, falling from over $57 billion to just $3.5 billion. This reduction points to active profit-taking among more strategic investors, possibly in response to macroeconomic developments or uncertainty surrounding the current market cycle. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align While this shift in behavior does not automatically imply a bearish outlook, it suggests that experienced investors are trimming exposure after a notable price rally. Historically, long-term holders have exhibited a higher degree of market foresight, making this activity worth noting. Combined with elevated open interest and a potential cooling-off period, these developments highlight the possibility of increased short-term volatility without fundamentally altering the long-term bullish structure of Bitcoin’s market. Featured image created with DALL-E, Chart from TradingView

#ethereum #crypto #eth #crypto market #ethereum price analysis #cryptocurrency #ethereum price prediction #crypto news #ethusd #ethusdt #ethereum news #latest ethereum news #ethereum price news

As the market’s second largest cryptocurrency, Ethereum (ETH), struggles to maintain momentum above the crucial $2,500 threshold, one analyst believes that ETH is poised for a significant rally.  In a recent post on social media platform X (formerly Twitter), crypto analyst Cyclop expressed a bullish outlook, labeling the current market conditions as the best long setup for Ethereum he has seen in years. Analyst Sees $4,000 Target This Summer Cyclop highlighted that Ethereum short positions have reached all-time highs, a situation reminiscent of a previous spike that occurred just weeks ago.  The analyst noted that liquidity has been swept on both sides, creating a scenario where market uncertainty may actually benefit Ethereum. “Most doubt ETH and altcoins right now—I’m betting on $4,000 this summer,” he stated confidently. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 Cyclop outlined several key factors driving his optimistic stance. First, he pointed to the recent Pectra update, which has reinvigorated interest in Ethereum by enhancing transaction capabilities, updating security features, and improving staking options. This update has reportedly led to increased demand, contributing to a potential price surge. Moreover, Cyclop emphasized the broader macroeconomic landscape, noting that cryptocurrency adoption is accelerating beyond Bitcoin (BTC), with Ethereum taking a prominent role.  The analyst suggests that major corporations and banks are beginning to purchase and stake Ethereum, further boosting trust and interest in the digital asset which could ultimately result in more demand and more price uptrends. Ethereum Rallies May Trigger Altcoin Boom On-chain metrics also favor Ethereum, with the cryptocurrency ranking highly in various categories, according to Cyclop. It currently stands as the second-highest by fees, leads in bridged net flows, and ranks third in stablecoin supply changes, showcasing its robust market position. Another critical aspect of Cyclop’s analysis concerns altcoins and the upcoming altseason, traditionally characterized by a rush of investment into Ethereum before spilling over into smaller tokens.  He pointed out that historical patterns indicate that Ethereum price rallies often trigger broader altcoin surges, and the current market sentiment suggests that many altcoins are at their lowest ebb. Related Reading: Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47 While Cyclop acknowledges that a majority of altcoins may face significant challenges, he argues that ETH remains undervalued, especially with Bitcoin trading near $100,000.  He has made strategic moves, reallocating some of his Bitcoin holdings into Ethereum and promising strong altcoins. His initial target for Ethereum is $3,000, where he plans to take profits, followed by a series of sell orders between $4,000 and $6,000. As of press time, ETH trades at $2,500, a 12% price increase in the weekly time frame.  Featured image from DALL-E, chart from TradingView.com 

#bitcoin #btc price #crypto #bitcoin price #btc #crypto market #cryptocurrency #bitcoin news #btcusd #btcusdt #crypto news #btc news #bitcoin technical analysis #crypto analyst

The Bitcoin price has recently climbed back above the $108,000 mark, yet it struggles to surpass its current record of $111,800, creating a sense of uncertainty in the market.  This persistent inability to break through has characterized the cryptocurrency’s performance in recent weeks, leaving analysts to speculate on its next moves. Analyst Predicts Major Upswing  Crypto analyst Doctor Profit has outlined two potential scenarios for the Bitcoin price trajectory in the near term, offering insights into both immediate volatility and a long-term bullish outlook.  In a recent post on social media platform X (formerly Twitter), Doctor Profit emphasized the significance of the current market conditions, suggesting that Bitcoin could reach between $120,000 and $150,000 in the coming months. Related Reading: Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47 According to Doctor Profit, the market is poised for a breakout. He noted, “We’re standing in front of a breakout, one that has the potential to send Bitcoin into the $120,000–$150,000 zone over the next few months.”  This assertion is supported by data reflecting strong on-chain activity, favorable technical structures, liquidity flow, and macroeconomic factors. While the long-term outlook appears promising, he cautioned that short-term fluctuations will remain prevalent. Two Scenarios For The Bitcoin Price Doctor Profit outlined two primary outcomes that traders should consider. The first scenario involves a bullish breakout from a bull flag pattern, allowing Bitcoin to surge past the $113,000 resistance level and continue climbing without a pullback.  However, the analyst views this scenario as overly simplistic, suggesting that market makers typically prefer not to allow such parabolic moves to occur without a preceding shakeout. The second scenario, which appears more likely, involves either a rejection at the bull flag breakout or a liquidity grab at the $113,000 mark. This would potentially lead Bitcoin to revisit the lower boundary of the current range, around $90,000 to $93,000.  Doctor Profit noted that this region is attractive because it contains significant liquidity and a notable gap in the Chicago Mercantile Exchange (CME) futures market. He views a dip to these levels not as a bearish signal, but rather as an opportunity to accumulate more Bitcoin. In his analysis, he stated, “$93K is not bearish. It’s clearly a gift!.” Doctor Profit believes that this potential dip would not only reset market leverage but also shake out weaker hands, creating a more robust foundation for a subsequent rally. Macroeconomic Trends Favor BTC Looking at the long-term prospects, Doctor Profit highlighted that larger wallets continue to accumulate Bitcoin, indicating that major investors are positioning themselves for a significant upward movement.  He pointed to macroeconomic indicators, particularly the M2 money supply, which suggests that Bitcoin remains undervalued relative to broader economic trends.  Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 Notably, the Bitcoin price has been trading within its current range for 226 days, which echoes patterns observed during previous accumulation phases before major price breakouts. As Doctor Profit concluded, the Bitcoin price trajectory remains optimistic, with expectations of reaching between $120,000 and $150,000 in the foreseeable future.  He notes that while there are multiple paths to achieving this target, a dip into the $90,000 to $93,000 range would provide a crucial opportunity for accumulation and set the stage for a powerful upward move. Featured image from DALL-E, chart from TradingView.com 

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Bitcoin’s price action has been relatively stable in recent days, currently trading just above $107,000 after briefly touching previous highs near $108,000.  Amid this backdrop, technical analysis from a popular crypto analyst on the TradingView platform outlined a compelling structural setup forming on Bitcoin’s daily chart. The analysis shows that Bitcoin’s action is in a compression phase that could precede a breakout to $115,000 very soon. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Compression Structure Forming Below $108,000 Resistance Bitcoin’s price action is currently following movements in traditional risk assets like the S&P 500 and Nasdaq, both of which have recovered following the recent de-escalation of geopolitical tensions in the Middle East. Against this backdrop, crypto analyst RLinda shared an outlook on TradingView that highlights a structural setup forming on the D1 chart and predicts a breakout to as high as $115,000 if some resistance levels are cleared.  According to RLinda, Bitcoin is in the middle of a compression phase just below the $108,100 resistance level. This follows what the analyst describes as a false breakout above $100,000, which led to a brief distribution and now an active accumulation zone. The daily chart shows price action gradually tightening within the $106,500 to $108,100 range since June 25, the essence of which the analyst called a pause for a breather before a possible continuation of growth.  The current setup has already established well-defined boundaries, with support at $106,500 and $108,100 as immediate resistance. A breakout above this immediate resistance would pave the way for the next resistance around $110,400 and bring Bitcoin within striking distance of its all-time high at $111,000. On the other hand, a short-term pullback toward $105,650 is still possible before a new move to the upside. Bitcoin Price Levels To Watch Bitcoin’s price action is really pressing on this resistance level around $108,000 and is building momentum for a breakout once the price level gives way. The key resistance levels to monitor are stacked around $108,100, $108,900, and $110,400. As long as the structure between $106,500 and $108,100 holds, and Bitcoin’s price is sticky near the top of that zone, the breakout scenario becomes increasingly probable. Although there are currently no reasons for a decline on the daily and weekly candlestick charts, the analyst noted that a temporary pullback to $105,650 or even $104,650 cannot be ruled out. However, even such a pullback would likely only serve as a retest but still keep the broader setup intact.  Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength At the time of writing, Bitcoin is trading at $107,457, up by 0.5% in the past 24 hours. The breakout trigger is still at $108,100. If broken, Bitcoin could easily move to new highs around $115,000.  Featured image from Unsplash, chart from TradingView

#blockchain #dogecoin #meme coins #doge #altcoin #altcoins #crypto market #cryptocurrency #crypto news

Dogecoin has spent the majority of the past five days trading within a tight range between $0.156 and $0.165. Notably, the meme coin is now showing early signs of stabilization after its steep correction earlier this month, with bulls beginning to reclaim ground after a drop below the $0.17 price barrier. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength Reclaiming the $0.17 level is important, according to technical analysis of Dogecoin’s price. This technical backdrop sets the stage for a projected price move to $0.21. TD Sequential Flashes Buy Signal For Dogecoin Dogecoin’s 3-day candlestick timeframe chart shows that the meme coin is currently trading just above an ascending trendline that dates back to late 2023, which has acted as a key support level across multiple correction cycles. Despite the recent volatility, the price structure appears to be ready for a possible bounce move from here due to the formation of less volatile candlesticks and higher lows just above the 0.5 Fibonacci retracement level around $0.165. Taking to the social media platform X, crypto analyst Ali Martinez revealed an interesting bullish signal taking place on the same 3-day candlestick timeframe. According to Martinez, Dogecoin has just triggered a buy signal on the 3-day TD Sequential indicator. This tool, which identifies trend exhaustion and possible reversals, has been quite useful in predicting buy and sell zones this cycle.  However, the bullish outlook depends on Dogecoin reclaiming the $0.17 price level, which is now working as some sort of resistance. Martinez noted that a breakout above this price level could allow Dogecoin to rebound to $0.21. Notably, this $0.21 price target coincides with the 0.618 Fibonacci extension from Dogecoin’s October 2023 low. Image From X: @ali_charts Path To $0.21 Needs Enough Volume For Dogecoin to confirm a return to $0.21, market participation must return in a meaningful way. This is because Dogecoin’s trading volume has been notably low over the past few days. According to data from CoinMarketCap, Dogecoin’s 24-hour trading volume is currently at just $400 million, which is a 36.7% decrease from the previous day. This level of activity is significantly below Dogecoin’s usual trading volume during periods of upward momentum. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Such a slowdown in volume suggests that, despite the bullish technical signal from the TD Sequential indicator, the necessary follow-through from buyers is yet to be confirmed.  At the time of writing, Dogecoin is trading at $0.1637, up by 1.7% in the past 24 hours. Until volume picks up, Dogecoin may continue to consolidate or even drift sideways, regardless of the bullish indicators. Unless there’s strong interest and stronger inflows, the breakout setup could fizzle out or result in another rejection at $0.17. Featured image from Unsplash, chart from TradingView

#bitcoin #blockchain #crypto market #cryptocurrency #bitcoin news #bitcoin trading #crypto news #btcusd price

As Bitcoin (BTC) enters the third quarter (Q3) of 2025, bullish sentiment is growing, fueled by historical post-halving patterns that have repeatedly marked the beginning of explosive market moves. A crypto analyst now points to recurring trends observed in past cycles, where Q3 has often acted as a launchpad for significant price rallies in BTC following each halving year.  Bitcoin Post-Halving Years Point To Explosive Q3 Luca, a crypto market expert on X (formerly Twitter), has doubled down on expectations for a major Bitcoin price rally in the coming quarter. He argues that expectations of an extended consolidation in Bitcoin, based on the fractals and market behavior seen in 2023 and early 2024, fail to account for a critical factor: 2025 is a post-halving year.  Related Reading: TRUMP Token In Trouble? Over $4 Million Liquidity Exit Sparks Crash Fears The analyst points to a consistent pattern observed in every post-halving year throughout Bitcoin’s history. In his chart analysis published on June 26, Luca notes that Q3 in these years have consistently demonstrated strength, with no historical precedent for weakness, reinforcing the case for a bullish breakout.  The chart compares Q3 performance during the post-halving years of 2013, 2017, and 2021. In each case, Bitcoin entered the third quarter with moderate or corrective price action, only to rally significantly in the weeks that followed.  The left panel of the chart shows the 2013 post-halving year, where Bitcoin went from under $100 in July to over $680 in November. In 2017, the middle panel highlighted a similar trajectory, where BTC broke out from under $2,800 in early Q3 to over $16,000 by year-end. The most recent cycle in 2021, shown in the right panel of the chart, saw a Q3 recovery rally that took Bitcoin from under $39,000 in July to a former all-time high above $69,000 in November.   Notably, Luca maintains that this consistent historical behavior is not coincidental, predicting that a similar rally could unfold in the current cycle, within the next few months. While he acknowledges the possibility of a short-term pullback, he emphasizes that Bitcoin’s broader market structure remains firmly bullish, with momentum still favoring further upside.  Analyst Predicts $140,000 – $160,000 Bitcoin Cycle Top Moving forward, Luca’s chart reveals technical factors that align with his bullish thesis. Based on key Fibonacci Extension levels, the analyst projects that BTC’s next cycle top falls between $140,000 and $160,000, a target he believes could be attained toward the end of Q3.  Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role While acknowledging that the exact target could shift depending on how technical confluences evolve, the expectation remains that a Bitcoin rally is imminent. With BTC now trading around $107,423 after rebounding from a previous dip below $100,000, a potential move to $140,000 or even $160,000 would mark a substantial gain of approximately 30.35% and 48.97%, respectively.  Featured image from Unsplash, chart from TradingView

#ethereum #crypto #eth #altcoin #crypto market #cryptoquant #ethusdt

Ethereum is currently trading in a period of subdued price movement, reflecting broader consolidation across the crypto asset market. At the time of writing, ETH is trading around $2,423, marking a slight 0.9% daily decrease and standing more than 50% below its all-time high of $4,878. This stagnation has coincided with a broader lack of catalysts to drive a sustained rally, leaving traders cautious about Ethereum’s near-term trajectory. Despite this lack of price momentum, network activity on Ethereum tells a different story. Related Reading: Ethereum Reclaims $2,444 Level – Bullish Continuation In Focus Ethereum On-Chain Metrics Point to Increased Network Engagement According to CryptoQuant analyst Carmelo Alemán, the number of confirmed transactions on the Ethereum network recently spiked to 1,750,940, making it the third-highest daily transaction count in its history. Alemán notes this trend may signal underlying usage strength, even as market participants wait for a more significant price response. Alemán’s analysis focuses on Ethereum’s “Transaction Count (Total)” metric, which captures all forms of activity, including ETH transfers, smart contract executions, and interactions with decentralized applications and DeFi protocols. The recent surge reverses a months-long downtrend and represents the highest transaction count since January 14, when Ethereum recorded 1.96 million transactions. According to Alemán, this spike may be driven by increased arbitrage, trading activity, and interactions with Layer 2 networks, which continue to absorb substantial transaction volume. Platforms like Arbitrum and Optimism remain key contributors to Ethereum’s broader usage. He further points out that, despite ETH price volatility within the $2,100–$2,880 range in recent weeks, the uptick in network traffic may hint at early-stage accumulation or renewed DeFi interest. This dynamic, while not immediately reflected in the asset’s valuation, suggests that Ethereum’s core infrastructure continues to see meaningful use. Speculative Behavior and Exchange Flows Raise Short-Term Concerns Separately, another CryptoQuant analyst, Amr Taha, has examined Ethereum’s recent technical setup from a derivatives market perspective. Taha highlights that ETH funding rates on Binance have shifted from negative to positive territory, a sign that leveraged long positions are building, which may reflect expectations of continued price upside. However, this shift also raises the potential for overextension, particularly if longs begin to dominate positioning. Related Reading: Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout Taha also references a recent retest of a key short-squeeze zone, during which market participants who had shorted ETH were forced to close positions, triggering rapid buy orders. Such moves can generate short-term surges, but they’re often followed by correction phases once speculative energy fades. Meanwhile, exchange data showed more than 177,000 ETH deposited on Binance over three days, indicating potential sell pressure or repositioning by large holders. Featured image created with DALL-E, Chart from TradingView

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Bitcoin is treading cautiously below the $110,000 level, signaling a pause in momentum after recent highs. At the time of writing, the asset is priced at $106,841, marking a mild 0.4% decline over the past 24 hours. Despite brushing a daily high of $107,884, BTC appears to be consolidating in a narrow range, with market participants watching for the next significant move. Amid this relatively flat price action, on-chain trends suggest that not all is quiet under the surface. A new analysis by CryptoQuant contributor “oinonen” sheds light on wallet activity within Binance, one of the largest crypto exchanges by trading volume. Related Reading: Bitcoin Retests $108,000, But Holders Disagree On Direction Bitcoin Mid-Tier Investors Take Center Stage on Binance Oinonen’s findings point to a sharp increase in whale-level participation, as well as a notable contribution from mid-tier investors, which could have implications for broader market behavior. Citing CryptoQuant’s on-chain metrics, the analyst revealed that Binance’s inflow data shows that wallets depositing between 10 and 100 BTC now account for 40% of all Bitcoin inflows. These wallet sizes typically belong to high-net-worth individuals, trading firms, or mid-sized institutions—those who sit between retail traders and deep-pocketed whales. In contrast, whale-level inflows (100–1,000 BTC) currently represent 20% of the total, highlighting that mid-tier players may be driving more exchange activity than larger whales at this time. Interestingly, whale activity still made a major appearance recently. On June 16, inflows of 10,000 BTC surged and made up 83% of total exchange inflows on Binance that day, reinforcing earlier observations from Oinonen about increased whale presence over the past year. According to CryptoQuant’s whale ratio metric, that presence has reportedly jumped by as much as 400% since mid-2023. Binance Deposit Data Points to Rising Institutional Interest Beyond just inflow ratios, Binance’s overall deposit metrics suggest a growing trend of larger average deposits. The average Bitcoin deposit rose from 0.36 BTC in 2023 to 1.65 BTC in 2024. The exchange processed $21.6 billion in user fund deposits in 2024, roughly 40% more than the combined totals of the next ten crypto exchanges. Despite the growing institutional footprint, the significant portion of deposits in the 10–100 BTC range shows that mid-level market participants remain active contributors to the trading ecosystem. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer This data may reflect a broader shift in how BTC is being accumulated and moved, where influence is shared between whales and mid-sized investors. While whale flows often generate headlines, the consistent presence of mid-tier wallets can signal healthier market participation and a more distributed form of liquidity provision across the board. With Bitcoin still consolidating near key price levels, these on-chain trends could help shape its next breakout, whenever it comes. Featured image created with DALL-E. Chart from TradingView

#crypto #crypto market #xrp price #ripple labs #xrp lawsuit #xrp news #crypto news #xrp price prediction #xrpusdt #ripple vs sec #crypto analyst #xrp price news #ripple vs sec news #xrp price analysis

The XRP price experienced a significant decline on Thursday following new developments in the ongoing legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC).  Judge Analisa Torres’ decision to deny the joint motion from Ripple and the SEC for an indicative ruling halted the XRP price recovery as it aimed to breach the nearest resistance level at $2.23. Key Issues Unresolved For Ripple Despite the SEC dropping its appeal, which indicated that the primary legal conflict between the two parties may be reaching a conclusion, Judge Torres’ ruling highlighted that several procedural matters still require resolution, including necessary court approvals.  In her judgment, she made it clear that private agreements cannot supersede public court decisions, stating, “The parties do not have the authority to agree not to be bound by a court’s final judgment… They have not come close to doing so here.” Related Reading: XRP Gears Up For Major Move — Chart Signals Are Clear In response to the ruling, Ripple’s Chief Legal Officer, Stuart Alderoty, took to social media platform X (formerly Twitter) to convey that the situation is now back in Ripple’s hands.  The executive pointed out that the court has given them two options: either to dismiss their appeal regarding the historic institutional sales or to continue with the appeal.  Regardless of the path chosen, Alderoty emphasized that XRP’s legal status as a non-security remains intact, reassuring stakeholders that it is business as usual. Expert Reactions To Torres’ Decision Legal expert Fred Rispoli also weighed in on the implications of the injunction, stating that it would not impact XRP in secondary markets or affect potential exchange-traded fund (ETF) filings awaiting approval by the SEC.  He noted that the injunction is merely a court document and emphasized the low likelihood of Judge Torres calling Ripple and the SEC back into court unless the SEC believes Ripple is violating the terms of the injunction.  Rispoli further questioned whether the SEC has the authority to grant Ripple the necessary exemptions to alleviate any restrictions imposed by the injunction, suggesting that such actions fall within the SEC’s executive powers. Ripple has asserted that it has adjusted its operations to align with the court’s findings, particularly regarding its past sales to institutional investors.  Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer Alderoty’s use of the term “historic institutional sales” in his recent statement indicates a shift in how both parties might approach future transactions, signaling a potential settlement that would allow XRP sales to institutions in a manner acceptable to the SEC. XRP Price Could Reach $5 Despite this temporary setback, market analysts remain optimistic about XRP’s future. Crypto analyst CryptoBullet recently noted that XRP’s two-week price chart resembles patterns seen in 2017, including a significant accumulation phase and a potential breakout.  With this historical context in mind, the expert predicts a final surge in the XRP price, forecasting new all-time high targets between $4.50 and $5.40 for the cryptocurrency. As of press time, the XRP price has retreated to the $2.08 mark, which is a key support level for bulls anticipating further recovery of the token. In the last 24 hours, XRP has dropped 4.4%, and 10% in the last month. According to CoinGecko data, the XRP price remains 38% below its record high of $3.40. Featured image from DALL-E, chart from TradingView.com 

#crypto #crypto market #cryptocurrency #trump #crypto news #cryptocurrency market news #trumpusdt #world liberty financial #wlfi #world liberty

A fund based in the United Arab Emirates (UAE) has announced a significant investment of $100 million in the Trump-backed decentralized finance (DeFi) platform World Liberty Financial, and its native token WLFI. The investment was confirmed in a joint statement by Aqua 1 and World Liberty Financial, highlighting the collaboration as a step towards developing a blockchain financial ecosystem and integrating stablecoins. World Liberty Financial Partners With Aqua 1 Zak Folkman, co-founder of World Liberty Financial, expressed enthusiasm about the partnership, stating, “We’re excited to work hand-in-hand with the team at Aqua 1.”  This investment positions Aqua 1 among the largest stakeholders in the Trump family’s cryptocurrency project. It is further strengthened by the backing of crypto billionaire Justin Sun, who is the top investor in the company with a substantial $75 million stake. Related Reading: XRP Gears Up For Major Move — Chart Signals Are Clear This marks the second investment from a UAE-based firm in World Liberty Financial within a short span; earlier this year, Abu Dhabi’s MGX used World Liberty Financial’s USD1 stablecoin to facilitate a $2 billion investment in Binance.  David Lee, a founding partner at Aqua 1, stated that Aqua 1 and the decentralized platform will collaborate to “identify and nurture promising blockchain projects.” World Liberty Financial also plans to support the Aqua Fund, an investment vehicle focused on enhancing the digital economy in the Middle East. In addition, Aqua 1 will aid World Liberty Financial in expanding its reach into South America, Europe, Asia, and emerging markets.  Both companies are also set to develop “BlockRock,” a platform aimed at tokenizing real-world assets (RWAs) to bridge traditional investments like real estate with the Web3 ecosystem. New App Launch Planned  In tandem with these initiatives, World Liberty Financial is preparing to release an audit report of its stablecoin, USD1, within days. Folkman, speaking at the Permissionless conference in Brooklyn, New York, also mentioned that the platform’s WLFI token may soon become tradable.  Launched two months prior to the US presidential election, WLFI has already generated substantial revenue for Trump’s family business through the sale of governance tokens. These tokens grant holders the ability to vote on project changes and influence its strategic direction. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer While WLFI is currently not tradable, Folkman hinted at forthcoming updates that users should watch for in the coming weeks. He also revealed that the company’s stablecoin has received its first attestation report, which will be available on the company’s website. To further facilitate user engagement, Folkman announced the upcoming launch of a new app designed to simplify cryptocurrency use for everyday investors.  As of press time, the official TRUMP memecoin trades at $8.96, recording a major 30% drop in the monthly time frame.  Featured image from DALL-E, chart from TradingView.com 

#bitcoin #crypto #btc #crypto market #bitcoin market #cryptocurrency #bitcoin news #cryptoquant #btcusdt

Bitcoin has regained some upward momentum, with its market price currently hovering around $107,155 at the time of writing. This marks a 0.4% decrease in the past 24 hours, and a 4.3% drop below its all-time high of $111,000, set in May. Despite the rebound, analysts are closely watching for potential shifts in momentum as a number of market indicators and macroeconomic signals suggest a more cautious short-term outlook. Among the recent developments drawing attention is a sharp rise in Net Taker Volume on Binance, along with significant stablecoin outflows from derivative platforms. CryptoQuant analyst Amr Taha noted in a recent market commentary that these changes could indicate increased speculative activity. While some traders interpret such surges as bullish signals, they often occur due to short liquidations or sudden retail buying rather than consistent organic demand. Related Reading: Bitcoin Short-Term Holder Floor Rises Toward $100,000, Reinforcing Bullish Sentiment Derivatives Activity and Fed Commentary Fuel Market Caution On June 24, Binance’s Net Taker Volume crossed $100 million for the first time since early June. This level of activity, according to Taha, can sometimes signal buying momentum but may also point to forced closures of short positions, especially in high-leverage environments. Taha emphasized that without strong capital inflows to back the movement, these bursts tend to be short-lived. Simultaneously, more than $1.25 billion in stablecoin liquidity has exited derivative exchanges, marking the largest capital outflow from these platforms since May. These outflows reduce the base for opening new leveraged positions, potentially dampening future market momentum. Taha also pointed to external economic cues, particularly a recent statement by US Federal Reserve Chair Jerome Powell. During his testimony before Congress, Powell signaled that rate cuts may be on the table depending on upcoming economic conditions. While looser monetary policy is often viewed as favorable for risk assets like Bitcoin, the shift also reflects underlying uncertainty. The analyst also mentioned that the Swiss Franc, traditionally seen as a safe-haven currency, has also surged against the US dollar, suggesting that some investors are leaning risk-off amid broader macroeconomic developments. Market Structure Remains Firm, But Momentum Is Slowing Separately, another CryptoQuant analyst known as Crypto Dan offered a different perspective using a bubble chart model that visualizes trading volume trends across exchanges. According to Dan, Bitcoin is currently experiencing a “cooling” phase. This implies reduced trading activity without dramatic spikes in volume, often seen as a sign that the market is consolidating rather than overheating. Related Reading: CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin? He noted that while BTC remains close to its all-time high, the path forward may depend on macroeconomic catalysts such as confirmed interest rate cuts or regulatory clarity. Featured image created with DALL-E, Chart from TradingView