Robert Kiyosaki, author of “Rich Dad Poor Dad,” stepped back into the Bitcoin market with a bold move. According to his tweet on July 11, he purchased another Bitcoin at $110,000. Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Based on reports, he’s betting that today’s price will look cheap if Bitcoin ever hits $1 million. His choice puts him in what analyst Raoul Pal calls the “Banana Zone,” where fear of missing out drives latecomers to buy at the top and then suffer losses. Bitcoin Betting At High Prices Kiyosaki used his “PIGs Get Fat. HOGs Get Slaughtered” rule to explain why he bought at such a high level. He plans to hold until less disciplined investors push prices even higher and then sell when they panic. He warned that FOMO is like a disease that spreads fast through crowded markets. In his view, buying now—even if prices seem lofty—is key to making a profit later. Another RICH DAD LESSON: “PIGs get fat. HOGs get slaughtered.” I state this lesson because I bought my latest BITCOIN at $110k. I am now in position for what Raoul Pal calls “the Banana Zone.” In the Banana Zone the HOGS will rush in….driven to insanity by the dreaded… — Robert Kiyosaki (@theRealKiyosaki) July 11, 2025 His Early Entry And Regrets He first bought Bitcoin at $6,000, a price he admits felt expensive at the time. He said he waited too long to learn about modern money before jumping in. That lesson stuck. He’s open about past mistakes and uses them to guide current moves. He figures that if Bitcoin reaches $1 million, he’ll regret not adding more at $110,000. Learning From Past Mistakes Kiyosaki recognized he “could be wrong and a sucker” after buying another Bitcoin, yet he added that he’d “rather be a sucker than a LOSER if Bitcoin does go to $1 million.” He noted that he can handle a $100,000 loss thanks to his past work and savings. That safety net gives him room to ride out sharp drops—dips of 30–50% happen in crypto all the time. Advice For Small Investors He urged readers to pick up bits of Bitcoin however they can. “Even if you can afford only one Satoshi today, buy it,” he said. A Satoshi is one hundred millionth of a Bitcoin. Based on those remarks, he expects newcomers to look back and wish they’d snapped up every chance to buy. He also told people to “think for yourself” and not follow his words blindly. Related Reading: XRP To Hit $4 This Week? This Crypto Expert Thinks So Kiyosaki’s transparency with regards purchase prices gives his fanbase a clear view of his risk comfort level. The author views each trade as a learning step, not just an opportunity to make fast bucks. By sharing his entry point at $110,000, he sets a real‑world example of how far he’s willing to go in pursuit of that $1 million goal. Featured image from Meta, chart from TradingView
XRP is back in the spotlight after a sudden pop in price. At press time, the token traded at $2.80, up 1.5% in the past 24 hours. Earlier today, it even hit $2.90 before easing back. Traders haven’t seen XRP at these levels since the first week of March, and chatter is growing across trading desks and social channels. Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Market Data: Last Week’s Rally Tops 25% XRP’s weekly gains now stand around 23%, giving long‑time holders a welcome lift. Bitcoin’s break above $118,800—and its steady hold near $118,000—has opened space for altcoins to shine. Still, only 28 out of the top 100 non‑stablecoin tokens have outpaced Bitcoin over the past 90 days, keeping the Altcoin Season Index at just 28/100. That tells us this isn’t a full‑blown altcoin boom yet, but XRP has broken out anyway. Don’t be surprised if you wake up randomly this week and $XRP is $4+ — EDO FARINA ???? XRP (@edward_farina) July 12, 2025 XRP Finds Path To $4 Based on reports, crypto educator Edoardo Farina tweeted that seeing XRP north of $4 “as early as this week” wouldn’t be a shock. Pushing past $4 would mean a 50% jump from current levels and clear the old all‑time high of $3.85 set in January 2018. Such a move could come in a fast burst rather than a slow grind, driven by sudden FOMO among buyers chasing new peaks. Ripple Partnerships And ETF Push Ripple has been busy on the partnership front. In early July, the company teamed up with BNY Mellon to custody its RLUSD stablecoin, the 8th‑largest stablecoin by market cap, aiming to draw in big institutions. Meanwhile, futures‑based XRP ETFs from ProShares and others launched in July, and more than 10 spot‑XRP ETF applications are now under SEC review. Any green light on a spot ETF could send demand—and price—higher. XRP Price Prediction According to the latest price prediction, XRP is expected to slip by 0.62% and reach $2.75 by August 12, 2025. Technical indicators still lean bullish, and the Fear & Greed Index sits at 74 (Greed). Over the last 30 days, XRP posted 18/30 green days with 6.88% price swings, data from CoinCodex shows. Related Reading: Tether Changes Strategy In 2025—5 Blockchains To Be Phased Out Regulatory Risks And Next Steps Even with positive signs, XRP faces hurdles. The SEC hasn’t approved any altcoin ETFs yet, and updates in Ripple’s ongoing lawsuit could trigger fresh volatility. Traders should watch headline risks closely. For now, gains have been impressive, and the coin’s four‑month high hints at more action ahead. Featured image from Meta, chart from TradingView
Binance founder Changpeng Zhao or CZ threatened to sue news agency Bloomberg for a second time over its report alleging links between the exchange and the USD1 stablecoin. In an X post on Friday, CZ called the article “another hit piece” that was “sponsored by a competitor,” without explicitly naming the competitor. He dismissed it […]
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Pump.fun, a platform that enables anyone to create and launch memecoins, concluded one of the largest and fastest initial coin offerings (ICOs) on Saturday. Within 12 minutes of the ICO going live, the platform raised $600 million from the sale of 15% of its token supply for $0.0040 each. The ICO, which ended far quicker […]
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When Bitcoin skeptic Peter Schiff started yet another rant about Bitcoin today, it was too much for Galaxy CEO Mike Novogratz. As a salty Schiff began calling Bitcoin’s capped supply “meaningless” and “arbitrary,” Novogratz fired back: “Why do you hate $BTC so much? You have been wrong on it for a decade. A flexible mind […]
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Tether’s latest move aims to streamline its stablecoin operations. The company plans to end USDT redemptions and token issuance on five older blockchains by September 1, 2025. Any tokens left on Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand will become frozen after that date. Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Focus Shifts Away From Legacy Chains Based on reports from Tether, these five networks once helped drive its early growth. But current data shows a big drop in USDT activity there. Usage has been mostly flat for months. And with few new transactions, keeping those chains alive no longer makes sense. Tether to Wind Down USD₮ Support for Five Legacy Blockchains as Part of Strategic Infrastructure Review Learn more: https://t.co/MxVGdUnEhA — Tether (@Tether_to) July 11, 2025 The decision follows a careful infrastructure audit. Teams looked at chains with low usage and slow growth. They found that less than 0.1% of Tether’s total supply moves on those networks. Every dollar spent maintaining them now offers little benefit. Embracing Fast, Scalable Networks According to CEO Paolo Ardoino, Tether will put more energy into chains that can grow quickly. He pointed to real‑time scaling solutions and rising adoption as key factors. The company plans to boost support for Layer 2 systems such as the Lightning Network. It also wants to explore partnerships with newer blockchains that offer low fees and better interoperability. Experts agree with Tether’s approach. Kevin Mehrabi of StableTech said networks with weak developer traction tend to stall. And once growth stops, token circulation follows. By focusing on blockchains with active builders, Tether hopes USDT will see more real use in DeFi, micro‑payments and cross‑border transfers. Related Reading: Don’t Hold Back—Expert Recommends Full Stake In XRP What Token Holders Should Do Now Holders of USDT on the affected chains must act before the September 1, 2025 cutoff. Official Tether services will let existing clients reissue their tokens on supported networks. Other users can rely on third‑party bridges or custodians, depending on each provider’s policy. If nobody moves their coins in time, those balances will be frozen—completely inaccessible. By reallocating technical and operational resources, Tether aims to improve transaction speeds and cut costs. The company’s long‑term plan is to back ecosystems that show real growth and practical use cases. For users, the key takeaway is clear: move your USDT off those legacy rails now, or risk losing access later. Featured image from Vecteezy, chart from TradingView
The Pi Network coin dipped to $0.46 today, slipping 6% in the past 24 hours. Yet trading volume jumped to $20 million, up 80% over the same period. That mix of a price drop and a big volume rise often points to traders testing the waters rather than rushing in or out. Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Pi Network Volume Spike Signals Fresh Interest According to on-chain data, weekly gains of 1.1% suggest renewed curiosity around the Pi Network token. Its recent push past $0.48 may have drawn eyes back to the network. A big swell in transfers shows people shifting coins more than usual, even if the price isn’t following the same upward path. In the past few days, two separate moves of exactly 3.14 Pi have caught attention. Those small transfers tie back to the project’s namesake, the number π. Based on reports, these sent-outs came from a single wallet—labeled GASWBD…—which also withdrew over 10 million Pi in just six days. That same address links to about 320 million Pi in earlier activity, leading many to wonder if a big miner, an institutional backer, or someone from the Pi team is behind it. ???? 3.14 Pi Withdrawn — Twice in One Day: A Signal Echoing Across the Pi Network ???? The Numbers Are Speaking. Are You Listening? ⸻ ???? In a moment that sent chills through the Pi Network community, a mysterious wallet — GASWBD…J2AODM — made not one, but two withdrawals of… pic.twitter.com/eoLnHeJi0k — Mr Spock ???? (@MrSpockApe) July 10, 2025 Symbolic Transactions Stir Speculation The timing of these 3.14 moves matters. They arrived just as the price flirted with the psychological $0.48 mark. Some community members see the transfers as a rallying call, a nod back to Pi’s roots. Traders, though, tend to watch those numbers for clues of real buying or selling pressure. So far, the pattern looks more like a planned message than a panic sell‑off. Talk of a mainnet rollout or fresh exchange pairings has spread across forums. People point to the organized nature of the withdrawals as proof that bigger plans are underway. They hint that big news might be on the way—maybe new partners or additions that bring Pi out of its test network and into mainline usability. Forecast: Caution Ahead According to current forecasts, the value of Pi could decrease to $ 0.35 by August 11, 2025, a decline of 25%. Technical indicators are showing Bearish, and the Fear & Greed Index for the market is at 79 (Extreme Greed). Related Reading: Don’t Hold Back—Expert Recommends Full Stake In XRP Pi experienced 11 green days in the past 30 (37%) and recorded 9% price fluctuation over that time. That breakdown between high excitement and bearish direction is a picture of conflicting indicators for anyone considering getting on board now. So far, Pi Network is a project generating hope and skepticism. The $208 million volume increase indicates that people are indeed taking notice. But the prediction and on-chain activity suggest caution may be advisable until stronger milestones emerge. Featured image from Jeffrey Coolidge/Getty Images, chart from TradingView
The first half of 2025 has been eventful for crypto. Bitcoin (BTC) price climbed around 24% during the first six months while Ethereum (ETH) lost nearly 12% of its value. With President Donald Trump taking office in January, the U.S. approach to cryptocurrencies has shifted significantly. Several lawsuits against crypto firms initiated during the Biden […]
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The U.S. Securities and Exchange Commission (SEC) has filed civil charges and sought an emergency asset freeze against First Liberty Building & Loan, LLC, a lending institution based in Newnan, Georgia, and its founder and owner, Edwin Brant Frost IV. The SEC alleges that the firm and its owner orchestrated a Ponzi scheme that defrauded […]
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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
As Bitcoin (BTC) continues to post new all-time highs (ATH), reaching as much as $118,869 on Binance, market indicators show little sign of overheating. The lack of retail-driven hype amid BTC’s record-breaking run suggests there may still be room for further growth in the flagship cryptocurrency. Bitcoin ATH Sees Absence Of Hype According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Bitcoin’s current rally is notably characterized by the absence of retail investors. The contributor argues that this lack of retail participation implies BTC may still have significant upside potential. Related Reading: Bitcoin Rally Ahead? DXY Breakdown Suggests Capital Shift To Risk-On Assets The analysis centers on the Spot Retail Activity Through Trading Frequency Surge metric, which tracks the frequency of retail trading activity in the Bitcoin spot market. The analyst shared the following chart to illustrate the trend. When retail trading activity rises significantly compared to the one-year moving average (MA), the chart forms bubbles. Green bubbles indicate that there are very few retail investors currently in the market. Orange bubbles show that trading activity among retail investors is picking up. Similarly, red bubbles indicate caution, hinting that there are too many retail investors in the market and that it may be a good time to consider exit strategies. As the below chart shows, retail activity remains subdued – even as BTC continues to reach new ATHs. In fact, the metric has stayed within the gray zone since March 2024, reflecting a lack of mass retail entry. Historically, retail trading tends to surge as BTC approaches or exceeds ATH levels. The analyst notes that this absence may indicate the cycle top is still ahead: The bull market is still largely driven by institutions and exchange-traded funds (ETFs). When retail finally enters the scene, that might mark the beginning of the final phase. BTC Witnessing Subdued Selling Pressure In addition to the low retail presence, other on-chain indicators suggest that Bitcoin’s current rally is not overheating. For example, the Miner Position Index has been declining since November 2024, implying reduced selling pressure from miners. Another key metric, the Market Value to Realized Value (MVRV) ratio, is holding steady around 2.2 – below the 2.7 levels observed during ATHs in March and December 2024. Recent analysis predicts the next significant resistance may emerge at around $130,900. Related Reading: Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top Despite weak selling pressure and limited retail activity, some recent exchange trends hint at the possibility of a short-term pullback. At the time of writing, BTC is trading at $117,746, up an impressive 6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Tether announced it will discontinue support for its USDT stablecoin on five “legacy” blockchains, including Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. According to the July 11 announcement, the move will become effective Sept. 1, ending redemptions and freezing remaining tokens on those networks. The decision comes as part of what the company […]
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A top crypto analyst is making waves with a strong call: Going all-in on XRP should be a priority. That’s the message from Oscar Ramos, a widely followed figure in the crypto world, as the market turns green again. Related Reading: Solana Breaks Out Of Symmetrical Triangle—Next Stop $164? Bitcoin just hit a new all-time high of $118,250 Friday, helping to fuel momentum across altcoins. XRP has been one of the top gainers during this run, jumping above $2.65 and showing signs of strength. At press time, it’s trading around $2.69—up over 10% in just a day. Ripple’s Stablecoin, BNY Mellon Partnership Spark Optimism The rising interest in XRP isn’t only about price moves. Ripple, the company tied closely to the altcoin, is rolling out developments that many say are pushing it into the spotlight again. Going ALL IN on $XRP should be a priority — Oscar Ramos (@realOscarRamos1) July 9, 2025 XRP Futures ETFs On The Way The excitement around XRP is also getting a push from ETF news. Several futures-based XRP exchange-traded funds are lined up to launch this July. ProShares is preparing three futures ETFs with a planned rollout on July 14. ???? XRP’s market value has hit a 7-week high, crossing above $2.39 for the first time since May 23rd. What to watch for are the rising number & collective balances of whales holding at least 1M $XRP. There are currently 2,742 wallets holding at least 1M XRP, one off from… pic.twitter.com/UPPlSWq7TD — Santiment (@santimentfeed) July 9, 2025 Two other firms are also stepping in. Turtle Capital will debut a 2X Long XRP ETF on July 21, while Volatility Shares has two more ETFs planned for the same date. Although the SEC hasn’t approved a spot XRP ETF yet, more than 10 applications are still under review. Related Reading: XRP Price Builds Momentum — $2.50 Break Sparks Fresh Bullish Wave Whale Wallets Near All-Time High Another clear signal of growing confidence is coming from large XRP holders. Based on the latest data from Santiment, wallets holding at least 1 million XRP are now at 2,742—just one below the record of 2,743. Price Holds Steady As Bullish Sentiment Grows XRP is holding above $2.68 for the first time since May. Over the past 30 days, it had 16 green days out of 30, with price volatility sitting at 3.85%. According to the current forecast, the price could see a minor dip of 0.60% to around $2.57 by August 10. Featured image from Unsplash, chart from TradingView
NFT-related tokens delivered the strongest sector performance in the second quarter, gaining an average of 55.4% even as dollar-denominated NFT trading volume fell to multi-year lows. Artemis data shows that the average gains from NFT-related tokens surpassed the second-best performance, which was Ethereum’s (ETH) 37.2%, by nearly 50%. Pudgy Penguins’ PENGU token accounted for much […]
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BlackRock’s iShares Bitcoin Trust (IBIT) crossed $80 billion in assets under management on July 10, becoming the fastest exchange-traded fund (ETF) to reach the threshold in 374 trading days. Bloomberg senior ETF analyst Eric Balchunas noted on X that IBIT outperformed the Vanguard S&P 500 ETF (VOO), which took 1,814 days to accumulate the same […]
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Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3% in the past 24 hours, but major altcoins are leading the gains during the same period. Ethereum (ETH) breached the $3,000 threshold for the first time since Feb. 2, and is currently trading at $2,987.55 as of press time, […]
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Grayscale Asset Management has questioned the US Securities and Exchange Commission (SEC) decision to issue a stay on the application to convert the Digital Large Cap Fund (DLCF) into an exchange-traded fund (ETF). In a July 8 letter, Grayscale’s legal team argued that the SEC exceeded its authority, as the application had already been approved […]
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Shiba Inu (SHIB) might be on the verge of a powerful rally, according to crypto analyst MasterAnanda, who believes the popular meme coin could climb more than 1,500% in this cycle. The analyst predicts SHIB may cancel another zero and reach a new all-time high if a few key levels are cleared. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Signs Of A Possible Reversal SHIB has been stuck in a downtrend since March 2024. It peaked at $0.000045 before sliding back to close that month at $0.000030. Since then, the coin has moved within a descending triangle pattern, bouncing around the base while facing strong bearish pressure. However, something may be changing. SHIB has just printed a fully green weekly candle and gained 15% over the past seven days. According to analysts, this is one of the most bullish weekly moves since early May, when the token jumped 25%. Despite the optimism, SHIB remains below its 200-day moving average, which sits at $0.000016. That’s around 19% higher than its current price of $0.000013. Analysts see this as a critical level the token must beat to confirm a long-term bullish trend. Bullish Price Targets Appear On The Chart MasterAnanda believes SHIB will break above the triangle and make a run toward $0.000032, aligning with the 0.50 Fibonacci retracement level. If that plays out, the analyst sees a further move to $0.000067, then to $0.00010, which would represent a new all-time high. From there, two more possible targets have emerged using Fibonacci extensions: $0.00017 and $0.00022. Those would mark gains of 1,180% and 1,529%, respectively. While ambitious, other analysts have also supported a similar price path based on the same descending triangle breakout. Shiba Inu Sentiment Mixed As Greed Index Climbs Although bullish targets are grabbing headlines, market sentiment is still uncertain. Based on recent data, SHIB recorded green days on just 13 out of the last 30, and showed 4.25% price volatility. The current reading for sentiment is “Neutral” and the Fear & Greed Index stands at 69, which is in the “Greed” category. Price prediction tools indicate that SHIB could increase 27% to August 10, 2025, at about $0.000017. That will bring it nearer to its MA-200, but still far from the lofty targets being predicted by some analysts. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason SHIB holders are now waiting to see what’s next. Will the triangle breakout occur in a hurry, or will resistance levels hold the token below major technicals? The coming weeks may provide the answers. Featured image from Meta, chart from TradingView
Ethereum is advancing its long-term scalability strategy with a substantial technical shift to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into the layer-1 blockchain. On July 10, Sophia Gold, an Ethereum Foundation developer, stated that the foundation aims to ship the L1 zkEVM within a year, marking a critical evolution in Ethereum’s pursuit of efficient, […]
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Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market. According to CryptoSlate data, ETH’s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time. This […]
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US-based spot Bitcoin ETFs saw a dramatic uptick in investor activity as the top crypto price reached a new all-time high of over $118,000, at least in dollars. According to SoSoValue data, the 12 funds saw cumulative inflows of $1.2 billion, the second strongest daily performance since launch in 2024, and the best this year. […]
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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
Ethena Labs reached $290.2 million in total protocol revenue on July 9, trailing only Tether, Circle, and Sky among stablecoin issuers. Token Terminal data show that the stablecoin issuer reached $100 million in cumulative revenue 251 days after its launch, making it the second-fastest protocol to cross this threshold. Daily fees averaged $3.1 million during […]
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Bitcoin (BTC) reached a new all-time high (ATH) yesterday, climbing to $111,999 on Binance exchange before dipping slightly to around $110,000 at the time of writing. While the broader trend remains bullish, some analysts now anticipate a short-term pullback. Bitcoin Remains Bullish But Some Pullback Expected According to a recent CryptoQuant Quicktake post by contributor BorisVest, early warning signs suggest that BTC may face a brief correction. The analyst noted that if momentum doesn’t pick up soon, Bitcoin could struggle to maintain its bullish trajectory. Related Reading: Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top Binance taker buy/sell volume has shown a noticeable spike in aggressive buy orders – usually a bullish signal – but sell volume has also risen in tandem, effectively absorbing most of the demand. Despite this uptick in buy volume, BTC’s price has not responded proportionally, suggesting distribution or selling pressure. For the uninitiated, Binance taker buy/sell volume measures the amount of aggressive buying versus selling on the exchange using market orders. A higher taker buy volume indicates strong buyer interest, while higher taker sell volume signals stronger selling pressure. In addition, Binance open interest has surged during the recent price rally, signalling an influx of leveraged positions. While rising open interest can support further gains, the subdued price reaction raises concerns about Bitcoin’s short-term strength. Meanwhile, funding rates have stayed mostly neutral throughout the rally. However, the most recent push to a new ATH saw BTC’s funding rates turn slightly positive, hinting at increasing long exposure and renewed bullish sentiment. The breakout also triggered significant short liquidations, likely fuelling a short squeeze. Data from Coinglass shows that over the past 24 hours, $521 million in positions were liquidated – $448 million of which were shorts. Market Needs A Breather Before Climbing Higher Concluding, the CryptoQuant contributor noted that despite the emerging signs of caution, Bitcoin’s overall bullish structure remains intact. However, the market is now seeing the early signs of a potential short-term pullback, especially due to the spike-driven nature of the move. Related Reading: Bitcoin Realized Dominance Signals Weak Hands Capitulating, Strong Hands Rising Other analysts share a similar outlook for BTC. For example, crypto analyst Christian Chifoi suggested that the current price action may be a deceptive move designed to trap bullish traders – potentially pushing BTC down to $97,000 before the final rally begins. That said, the recent weakness observed in the US Dollar Index (DXY) has fuelled hopes for a capital reallocation to alternative assets, including BTC. At press time, BTC trades at $110,885, up 1.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Shareholders trimmed support for executive pay packages at leading US Bitcoin (BTC) miners to an average of 64% in this year’s proxy season, far below the over 90% approval norm across the S&P 500, according to a July 10 VanEck research note. VanEck reviewed filings from eight listed miners and found average named-executive-officer (NEO) compensation […]
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Bitcoin (BTC) on-chain and derivatives markets reflect compressed volatility and a tightening supply while registering new all-time highs, according to Glassnode. A July 10 report indicated that the Accumulation Trend Score has shown steady investor buying since June, with the price remaining within a narrow band. The report came hours ahead of Bitcoin exploding into […]
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Bitcoin (BTC) treasury companies shifted BTC’s spot price by an average of 0.59% per day in 2025, even after adding roughly 725,000 BTC to their balance sheets, according to a July 10 Keyrock research report. The study measured the price impact using Kyle’s Lambda across all BTC-USDT markets and found that corporate buying seldom moved […]
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The Beijing Internet Finance Industry Association (BIFA) issued a notice on July 9 urging retail investors to reject pitchbooks that wrap old-style pyramid sales in crypto terminology. According to local news outlets, BIFA said promoters have begun advertising “stablecoin wealth plans,” “Web 3.0 dividends,” and similar offers that promise fixed returns. The circular listed five […]
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Crypto mining company BIT Mining has strategically moved into the Solana ecosystem, sending its stock to a three-year high. On July 10, the company disclosed its strategic expansion, which includes plans to raise between $200 million and $300 million to establish a strategic Solana reserve. As part of the transition, BIT Mining intends to convert […]
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Coinbase has announced a new partnership with the AI search platform Perplexity to provide traders direct access to reliable, real-time crypto market data. Coinbase CEO Brian Armstrong shared the update on July 10 via social platform X, confirming that Phase 1 of the integration is now live. According to him, Perplexity is currently ingesting Coinbase’s […]
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