Impermanent loss has been a major factor preventing crypto holders from becoming liquidity providers on decentralized finance platforms.
The altseason fanfare remains on the rise despite a broad altcoin rally two weeks ago that has quickly evaporated in a wider market correction. As investors continue to await a potential rebound from these price dips, a popular analyst with X user PlanD has highlighted the two crucial signals that may initiate an altcoin market surge. Related Reading: Ethereum Drops 6% After Hitting $3,800, But Analysts See New ATH Ahead Ethereum And USDT Market Key To Altseason Future In an X post on August 1, PlanD shared an in-depth technical analysis of multiple markets, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Dominance (BTC.D), and USDT Dominance. In studying the ETH market, PlanD highlights that the prominent altcoin faces major resistance at the $4,000, which has acted as the upper resistance level of a three-year symmetrical triangle. According to the presented analysis, Ethereum’s ability to effectively hold above the $4,000 price barrier is the first important developing situation for the altseason. Being the largest altcoin with a market cap of $424.48 billion, a successful breakout beyond this familiar price ceiling would encourage a rally by lower-cap alts to potentially initiate an altseason. Meanwhile, PlanD also draws attention to the USDT Dominance chart, which has just registered the breakout of a bearish flag. While there is potential to retest the breakout point at 4.71%, the analyst tells investors to monitor a potential fall to 3.81% which aligns with the breakout of a 1.5-year descending triangle and 3.21% i.e., the price target of the bearish flag. In particular, PlanD states a fall in USDT Dominance to 3.21% which suggests significant rotation of capital to other volatile assets is the “strongest signal” for an altcoin rally. Related Reading: If Dogecoin Loses This Level, Expect A Major Crash: Analyst Warns BTC.D Potential Rise Possesses Risk To Altcoin Market In analyzing the Bitcoin Dominance chart, PlanD notes this metric has twice successfully retested a key support at a three-year rising wedge at 60.30%; therefore, there is intense potential for a rebound. The top analyst notes that if BTC.D rises to retest the pivotal market levels at 64.60% and 64.80%, the altcoin market may see a general price loss ranging from 10%-20%. Meanwhile, PlanD is also backing Bitcoin to maintain its bullish form in the coming weeks with a projected price target of $160,000. Interestingly, the trading expert notes that there are two paths to this price, noting that Bitcoin may first find support at the $113,000, propelling a rebound beyond $118,700 and an eventual surge to $160,000. Alternatively, Bitcoin’s present correction may halt around $108,000 before rising towards the specified bull target. In this case, altcoins may also witness an initial 10-20% widespread price decline. Featured image from MEXC Blog, chart from Tradingview
Five long-dormant Bitcoin wallets sprang back to life on July 31, moving a total of 250 BTC—nearly $30 million at today’s rates. That’s money mined on April 26, 2010, during Bitcoin’s earliest tests. Traders saw the shift and paused, wondering if a massive sell-off was coming after more than 15 years of silence. Related Reading: XRP ETF Approval Incoming? Analyst Eyes September-October Window Early Coins Stir According to on-chain observers, these coins came from wallets active before the famous “Patoshi pattern” ended. That pattern, often linked to Bitcoin’s creator, slowed down around May 2010. Moving coins from that era can send a jolt through the market, even when the total is small. Around 250 BTC made a splash in today’s headlines. Yet Bitcoin’s circulating supply tops 19 million coins. So far, none of the funds have shown up on public exchanges. That means any real impact on prices may be low—unless the coins suddenly head for the exit in bulk. 5 miner wallets woke up after being dormant for over 15 years and transferred 250 $BTC($29.6M) out an hour ago. These miner wallets earned 50 $BTC each from mining on Apr 26, 2010. Wallets: 1NuqAKeX6JzW372QfEe7eFkewFx21fnqd3 12EWRT19v2eAvWjGDWjodCe7NP1CzmFphT… pic.twitter.com/vGttaE6MxY — Lookonchain (@lookonchain) July 31, 2025 Traders and analysts have begun tracking the addresses that received the BTC. If those wallets start funneling coins into exchanges or over-the-counter desks, panic could spread. But wallet shuffles without selling are common among early miners who just want to consolidate or upgrade their security. Clues Point Away From Satoshi Based on reports from Whale Alert, these movements don’t match the nonce patterns tied to the roughly 1.12 million BTC once mined by “Satoshi Nakamoto” across blocks up to number 54,316. Experts note the mining speed and nonce range differ from what’s been linked to Bitcoin’s creator. That makes it far more likely these funds belong to other early adopters. Tightening Crypto Rules Meanwhile, reports have disclosed that Japan’s Financial Services Agency (FSA) has moved oversight of crypto-asset exchanges into a more powerful unit. The aim is to tighten rules, improve capital checks, and guard against money-laundering. This change brings crypto platforms under the same kind of scrutiny as banks and brokerages. Related Reading: $1K XRP Millionaire Promise: Fact Or Fantasy? Moving coins from 2010 always raises eyebrows. Yet 250 BTC is a drop in Bitcoin’s ocean. And with clues pointing away from Satoshi, the market may shrug this off unless the funds hit exchanges fast. Japan’s new rules show that regulators aren’t standing still—they’re making sure crypto firms meet tougher standards going forward. Featured image from Meta, chart from TradingView
ZachXBT named some sponsors of Token2049 as sketchy. While these coins may have hype-fueled pumps to cult-like followings, they may have no real utility.
The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term trajectory. Bitcoin Price Still In Mid-Cycle Stage Bitcoin’s climb from $100,000 to a new ATH above $123,000 has brought fresh attention to on-chain metrics used to identify the cryptocurrency’s current stage in the present market cycle. Among them, the Satoshimeter, an indicator developed by crypto analyst Stockmoney Lizard, offers a nuanced look into Bitcoin’s movements and price position. Related Reading: Don’t Blink: 1,000 XRP Could Be The Best Move You’ve Made—Expert According to the expert’s analysis released on X social media, the Satoshimeter signaled that Bitcoin is still far from the euphoric peak zones observed in previous bull markets. Stockmoney Lizard also claimed that Bitcoin’s rally is in its mid-cycle or intermediate phase rather than the final leg of the bull cycle. Supporting this analysis, the Satoshimeter employs on-chain metrics to map out Bitcoin’s cyclical behavior, identifying both long-term bottoms and tops. Historically, this indicator’s readings around 1.6 have typically marked major bear market bottoms, as seen in the price chart in the years 2011, 2015, 2019, and 2022. Higher values, on the other hand, previously aligned with cycle peaks and often signaled sharp corrections. As of now, the Satoshimeter is still well below the upper extremes, signaling that the Bitcoin price is not yet in the overheated zone. The analyst’s chart illustrates this trend clearly. Each past market top is marked by a steep spike in the indicator, aligning with parabolic price action and extreme sentiment. In contrast, current indicator readings are elevated but stable, sitting in the mid-range, well below levels seen at past cycle tops. This suggests that Bitcoin’s broader bullish structure remains intact, with potential for further upside on the table. Bitcoin To Reach $200,000 This Cycle? Based on the Satoshimeter’s current level, Stockmoney Lizards projects an extended run in the Bitcoin price. While the recent jump above $123,000 reflects growing momentum, the analyst anticipates a stair-step progression toward a potential high of $200,000 before a significant market correction sets in. Related Reading: Crypto Disaster: Qubetics Token Crashes Nearly 100%—Possible Rug Pull This projection is based not only on the readings from the Satoshimeter indicator but also on the movements seen in prior cycles, where BTC typically moved through multiple phases of accumulation, breakout, and parabolic growth. As of writing, the flagship cryptocurrency is trading at $113,759, reflecting an 8.3% decline from its all-time high. With $200,000 set as its next peak target, this implies a potential rally of more than 75% in the current cycle. Featured image from Unsplash, chart from TradingView
ChatGPT Agents can assist with crypto trading in 2025 by automating research and analysis, while keeping users in control through built-in safety features.
The Bitcoin mining difficulty is crucial to both miner profitability and ensuring that BTC is not mined faster than the protocol allows.
This tactic could strangle competition by making it more costly for users to transfer funds to alternative platforms, a16z's general partner argued.
Ethena (ENA) prices are presently in the red zone during a broader crypto market correction. According to data from CoinMarketCap, the DeFi token recorded a significant 2.00% loss in the past day, with prices presently set hovering around $0.55. Amidst this price decline, top market analyst Ali Martinez has identified the major support regions that investors should monitor in the event of any further price retracement. Related Reading: Ethereum Drops 6% After Hitting $3,800, But Analysts See New ATH Ahead Ethena CBD Shows Key Price Floors At $0.47, $0.44, And $0.35 According to Martinez, the cost basis distribution (CBD) model has revealed the three short-term relevant support zones in the ENA market. For context, the CBD model is an on-chain framework that visualizes the amount of tokens accumulated at various price levels. It is used to identify important price zones, i.e., potential support or resistance levels, based on their registered volumes of accumulation. In the chart above, it is observed that the more intense (warmer) the color, the higher the greater supply concentration of ENA at that level. Based on this system, it can be inferred that the immediate support levels for ENA currently lie around $0.44 and $0.47, where significant price clusters have been formed in the last month. However, if a compelling selling pressure forces the ENA price below this support zone, investors should anticipate the next price halt around $0.35. This price region is presently the strongest support in the Ethena market, as shown by the deepest red horizontal bar on the CBD model, which represents an estimated $1 billion ENA supply cluster. Notably, a price crash to the $0.35 support zone indicates a potential estimated 37.5% loss from current prices. Meanwhile, the CBD model also reveals that ENA’s next price resistance sits around the $0.60, at which lies the next immediate cluster above the spot price. Related Reading: Avalanche (AVAX) DeFi TVL Rises Nearly 40% Following Octane Upgrade Ethena Price Outlook At the time of writing, ENA trades at $0.57, reflecting a 2.08% decline in the last 24 hours as earlier stated. Meanwhile, the token’s daily trading volume is up by 2.05% indicating a slight rise in market engagement and transaction volume. According to CoinCodex, investor sentiment remains strongly bullish, with 67% of the past month’s trading days closing in the green. Additionally, the Fear & Greed Index sits at 65, reflecting a relatively strong appetite for risk among investors. However, Coincodex analysts hold a cautious market view with predictions of $0.46 and $0.45 in the next five and 30 days, respectively. Meanwhile, their long-term forecast project ENA to also trade around $0.46 in the next three months. Featured image from Ethena, chart from Tradingview
Reports have disclosed that XRP community commentator Versan Aljarrah says XRP could gain a link to gold without actually holding bullion. According to Aljarrah, XRP would simply move gold-backed stablecoins across the XRP Ledger. Related Reading: Don’t Blink: 1,000 XRP Could Be The Best Move You’ve Made—Expert The commentator argues that this role would give XRP a “synthetic connection” to tokenized assets like gold and oil, even though XRP itself would not carry any gold reserves. How XRP Bridges Gold Token According to Aljarrah, XRP only needs to power the on-chain movement of gold-pegged coins. Based on reports, each gold token on the XRPL would represent one gram of real gold. Custodians such as MKS Pamp and Imperial Vaults would hold the physical bars. XRP would then step in to provide liquidity and settle trades on the ledger’s built-in exchange. Aljarrah sees this setup as a way for the altcoin to stay useful in global finance. $XRP doesn’t need to be backed by gold. It just needs to move it. When gold-pegged stablecoins live on $XRPL, XRP bridges them. And in doing so, it becomes synthetically linked to gold, oil, and every asset they tokenize. pic.twitter.com/q0Ti2pQuDp — Versan | Black Swan Capitalist (@VersanAljarrah) July 27, 2025 Meld Gold Leads The Charge Meld Gold is the only issuer currently close to launching a gold token on the XRPL. Reports have disclosed that Meld plans to back each token with one gram of physical gold. The firm says it will work with major vault operators. So far, no other gold token projects, including PAX Gold (PAXG), have moved onto XRP’s network. Supporters hope that more issuers will follow once Meld proves the concept. Technical And Regulatory Hurdles Reports note that issuing gold tokens is more than writing code. Each issuer must tie its token to audits, legal contracts and insured vaults. On top of that, XRP’s fixed supply and decentralized consensus system make direct asset backing tricky. Matt Hamilton, a former Ripple developer, has said the crypto asset can’t be backed by gold in a traditional way. Analysts add that its price moves with adoption, legal clarity and market mood, not by hype. Institutional Moves Remain Unseen Meanwhile, Aljarrah says big names like JPMorgan, BlackRock, the Bank for International Settlements and the IMF have made private plans to use XRP as a bridge. Yet no public evidence supports that claim. Related Reading: XRP ETF Approval Incoming? Analyst Eyes September-October Window Most large asset managers have focused on blockchains with clear rules. Until the Ripple-SEC lawsuit ends, top institutions are likely to hold back. That case could decide if XRP is treated like a security, and that will affect any tokenized assets on the XRPL. According to analysis, a bridge role alone won’t peg XRP’s price to the spot gold rate of $2,950 that some in the community mention. Instead, if gold-pegged tokens take off, the altcoin could see more trading volume and tighter spreads. That might nudge its price upward, but it would still trade on its own merits as a liquidity tool for cross-border payments. Featured image from Pexels, chart from TradingView
The alleged heist would mark the second-largest Bitcoin theft in history in BTC terms, and the highest in dollar value at the time.
Michael Saylor likens Strategy’s latest Bitcoin-backed preferred stock to Apple’s iPhone, calling STRC a breakthrough in corporate finance with massive market potential.
The long-standing debate over XRP’s price ceiling is still a strong discussion. In a recent post on social media platform X, fintech analyst Armando Pantoja argued that the notion of market capitalization limiting XRP’s rise to $1,000 is fundamentally flawed. His comment came alongside a short video clip in which he draws comparisons between crypto and early-stage technology companies like Microsoft. Why Market Cap Doesn’t Cap Technology In his video, Pantoja dismissed the idea among many investors that XRP’s market cap should be used as a rigid barrier against long-term price appreciation to the $1,000 price level. He noted that while technical analysis may be useful in the short term, it becomes less relevant when evaluating a token’s potential over an extended period. Related Reading: Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated To drive his point home, he invoked a hypothetical scenario from the early 1990s, asking viewers to imagine those who doubted Microsoft’s growth because of its market cap. That kind of logic, he suggested, would have missed the wave of mass adoption driven by Microsoft. Pantoja insisted that applying stock market valuation metrics to crypto leads to misunderstandings, especially since tokens like XRP are more akin to technologies than companies. “Always the market cap is too high. What does that matter? It’s the technology that’s going to be adopted regardless,” he said. This means that XRP is expected to follow a different trajectory, one based more on network usage, utility, and long-term integration into global systems. This, in turn, would see increased demand for XRP and cause its price to barrel to $1,000. Community Reactions: XRP Battling With Momentum It is easy to point to the mathematical implications of XRP reaching $1,000, a valuation that would place its market cap in the tens of trillions. However, supporters like Pantoja counter that such thinking is based on outdated comparisons. Related Reading: Analyst Says XRP Price Is Now In Wave 4 — What To Expect As such, it is not surprising that Pantoja’s post has resonated well within the XRP community, especially among those who believe the token has far more room to grow than mainstream narratives allow. Nonetheless, the post also attracted some dissenters from those who believe that the price projection may be too high. Rather than focusing on circulating supply or market cap figures, Pantoja argued that long-term XRP valuation will hinge on the real-world adoption of its underlying technology. XRP, through its cross-border use cases, will undoubtedly gain much traction among banks and institutions, especially once the SEC-Ripple lawsuit is finally over. Interestingly, the $1,000 price target is more of a general consensus among a few other crypto analysts. BarriC, a crypto commentator, also posted on the social media platform X that there is a clear path for XRP to first move through $4, then $10 to $20, surpass $100, and finally reach $1,000. He frames it as a multi-stage trajectory based on institutional adoption and XRP’s infrastructure role in cross‑border payments. Dom Kwok, a former Goldman Sachs analyst and co‑founder of EasyA, projected long‑term targets stretching as high as $1,000 by 2030, also contingent on mass adoption. Anders, another XRP proponent, also floated $1,000 as a possible long‑term ceiling in comparison to Bitcoin’s potential of hitting the $1million target. Featured image from Getty Images, chart from Tradingview.com
China’s plan to liquidate confiscated crypto through Hong Kong exchanges isn’t simply a policy — it’s to control global digital asset markets and outmaneuver the US.
The crypto market faced a major setback as over $500 million in positions were liquidated, following a sharp decline in Bitcoin and Ethereum prices. After showing strong gains in July, both top cryptocurrencies lost momentum, triggering a wave of sell-offs. As both Bitcoin and Ethereum are now hovering around new monthly-lows, there’s an increased chance …
As crypto markets faced a sharp correction this week, ETH dropped nearly 7% this week, dipping below $3,400 level. Despite the pullback, the institutional confidence in Ethereum appears stronger than ever. During the latest market dip, BlackRock’s ETH ETF stood its ground, with zero outflows while other crypto ETFs saw notable volatility. BlackRock’s ETH ETF …
Bitcoin has broken below the critical $115K support level, reaching a new local low of approximately $112,700. After spending over two weeks consolidating in a tight range, BTC has now exited this phase with bearish momentum, raising concerns across the market. Traders and analysts are closely watching to see if Bitcoin can find strong demand around current levels to stabilize the price and prevent a deeper correction. Related Reading: Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking? Key data from CryptoQuant reveals that Short-Term Holders (STHs) are selling their Bitcoin at a loss, a typical pattern observed during retail capitulation events. Over the past 24 hours, a significant volume of BTC has been sent to exchanges at negative profit margins, signaling that weaker hands are being shaken out of the market. This selling pressure often marks the final stages of a correction phase, where panic-driven exits by STHs create potential accumulation opportunities for long-term investors. The next few sessions will be crucial, as Bitcoin needs to reclaim the $115K level to regain bullish structure. Otherwise, bears may attempt to drive prices lower, targeting the $110K zone. The market now looks for institutional demand or fresh capital inflows to absorb the ongoing retail-driven sell-off and stabilize the price. Short-Term Holders Sell Bitcoin At A Loss According to top analyst Maartunn, over the past 24 hours, 21,400 BTC were sent to exchanges at a loss by Short-Term Holders (STHs). This behavior is typical during Bitcoin drawdowns, where retail investors, driven by fear and emotional reactions to price swings, tend to sell their holdings at a loss. These capitulation events often amplify volatility, as panic selling creates sharp, short-term supply spikes on exchanges. However, despite this surge in loss-driven selling, on-chain data reveals a contrasting narrative among institutional players. The supply of Bitcoin in Over-The-Counter (OTC) desks continues to shrink, suggesting that large investors are actively buying during this correction. This divergence between retail capitulation and institutional accumulation points to a healthy market reset, where weaker hands exit while stronger hands build positions. Bitcoin’s momentum is now shifting from bullish caution to bearish fear. The recent breakdown below $115K raises the probability of further downside, with analysts eyeing the $112K level as a key support area. This level holds historical significance as the previous all-time high (ATH) set in May. If BTC finds strong demand at this zone, it could establish a solid foundation for the next bullish leg. Related Reading: Bitcoin Advanced Sentiment Index Reaches Bearish Levels: Futures Traders Show Caution BTC Price Analysis: Breakdown Below Key Support Levels Bitcoin (BTC) has broken down from its multi-week consolidation range, currently trading at $113,737 after losing the critical $115,724 support level. The chart shows a clear rejection at the $122,077 resistance zone, where multiple attempts to break higher failed over the past two weeks. This rejection led to an increase in bearish momentum, pushing the price below the 50 and 100-period SMAs, which are now acting as resistance at $117,853 and $114,838, respectively. BTC is now hovering just above the 200-period SMA at $110,308, which could act as a last line of defense for bulls. If this level holds, a potential bounce back to retest the $115K region might occur. However, if the price fails to find strong demand soon, the next downside target sits around $112K, which aligns with the previous all-time high from May. Related Reading: Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet Volume spikes accompanying this breakdown indicate significant selling pressure, likely driven by short-term holders capitulating at a loss. Despite the bearish technical structure in the short term, broader market sentiment remains cautiously optimistic, as institutional accumulation continues in the background. The coming sessions will be critical to determine whether BTC can reclaim $115K or if further downside toward $110K becomes inevitable. Featured image from Dall-E, chart from TradingView
A Bitcoin whale likely moved 80,000 BTC from dormant wallets after alarming OP_RETURN messages were sent across multiple old addresses.
The crypto turf in August 2025 seems poised for significant movements. SUI, Chainlink, and Stellar are among the top cryptocurrencies capturing investor attention. The expectation for these altcoins is significantly higher due to their strong fundamentals and market momentum. That’s the reason these assets are expected to see notable price action in August. This article …
Ark Invest bought the dip in Coinbase and BitMine shares, adding to its position in the leading U.S. exchange and ETH treasury company.
In a powerful show of investor confidence, spot Ethereum exchange-traded funds (ETFs) broke all records in July with $5.43 billion in net inflows. It marks the highest monthly inflow since their market debut and reflects a sharp 369% rise from June’s inflow of $1.16 billion. With 20 straight days of net inflows, spot ETH ETFs are now cementing Ethereum’s growing role as a leading digital asset in the eyes of traditional market participants. Spot Ethereum ETFs Hit Milestone With $5.43 Billion Inflow According to data from SoSoValue, the $5.43 billion net inflow in July also dwarfed May’s $564 million and April’s $66.25 million. It completely reversed the negative outflow trend seen in March, which saw a $403 million drop. As a result of this rise, cumulative net inflows across all spot Ether ETFs have now reached $9.64 billion, showing a 129% increase compared to June’s cumulative total. Related Reading: Ripple Exec Reveals What Will Drive The XRP Price Value The massive growth didn’t stop at inflows alone. Total net assets across all spot ETH ETFs jumped to $21.52 billion, doubling from $10.32 billion just a month earlier. These funds now account for 4.77% of Ethereum’s entire market capitalization, showing that ETFs are becoming a gateway for capital entering the ETH market. Institutional interest has played a role in this growth as BlackRock’s ETHA remains the leading spot Ethereum ETF by assets, pulling in $18.18 million on July 31 and now holding $11.37 billion. Fidelity’s FETH also gained $5.62 million that same day, raising its net assets to $2.55 billion. Grayscale’s ETHE still manages a solid $4.22 billion asset base, even with a $6.8 million outflow, showing its continued relevance. Ethereum Price Rallies As ETF Inflows Hit New Highs The record-setting ETF inflows also lined up with a sharp price rally in ETH throughout July. ETH started the month at $2,486 and climbed to a high of $3,933, an increase of nearly 60%. By the end of the month, it had settled at $3,698, making July Ethereum’s strongest monthly price move since October 2021. The steady rise in ETF inflows could be a key driver behind this surge, showing that more capital entering the space may have directly boosted market sentiment and pricing. Related Reading: BlackRock Staking For Its Spot Ethereum ETF Has Been Acknowledged — But What’s Coming For ETH? The ETH rally also marked the longest bullish monthly candle in nearly three years. As prices climbed, the spot ETFs recorded their longest-ever streak of daily net inflows, 20 days in a row without a single outflow after July 8. Some of the single-day gains came mid-month, including $726.7 million on July 16, $602 million on July 17, and $533.8 million on July 22. Ethereum could challenge its all-time high of $4,878, set in November 2021, as its rising role in decentralized finance and the growing use of regulated investment vehicles could help the asset. If the current pace of inflows and trading activity continues, it could soon take center stage in a broader altcoin-led market cycle. Featured image from UnSplash, chart from TradingView.com
Bitcoin predictions are heating up, with early adopter Jeremie Davinci adding fuel to the fire. The Bitcoin maximalist has shared a message that’s turning heads in the crypto space. He made a simple yet powerful statement: “You still don’t own enough Bitcoin for what’s coming.” You still don’t own enough Bitcoin for what’s coming.— Davinci …
Hayes suggested that markets will be impacted by President Trump's tariffs and a weaker-than-expected US jobs report, predicting a bearish scenario for crypto
A dismal U.S. jobs report, rising geopolitical risks, and recession worries triggered a broad crypto sell-off led by BTC and ETH.
Arthur Hayes is once again sounding the alarm on a greater shakeup in the crypto market after worse-than-expected data from the U.S. Non-Farm Payrolls (NFP) jobs report sparked downside volatility in both traditional and digital markets. Despite his reputation as a long-term crypto bull, Hayes has recently moved assets and cash, preparing for further volatility […]
The post Former BitMEX CEO Arthur Hayes positions for market slump: predicts BTC to test $100K after NFP print appeared first on CryptoSlate.
Ethereum has entered a correction phase after weeks of aggressive buying pressure that pushed the price to a local high of $3,940. Following this rally, ETH has retraced over 12%, breaking below the $3,450 level as the market digests recent gains. The sharp pullback has sparked concerns of a deeper correction; however, on-chain data and market fundamentals paint a more optimistic picture. Related Reading: Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking? Despite the price drop, Ethereum’s underlying strength remains intact. Whale addresses continue to accumulate during this dip, signaling high-conviction buying from large investors who are positioning for long-term gains. Additionally, Ethereum network activity is rising, with metrics such as new addresses, transaction volume, and smart contract interactions climbing back to levels last seen during previous bull cycles. The broader narrative around Ethereum also remains bullish, driven by its dominance in decentralized finance (DeFi), real-world asset (RWA) tokenization, and stablecoin infrastructure. As institutional adoption grows and regulatory clarity improves, ETH’s fundamental value proposition continues to strengthen. Ethereum Network Growth Surges Top analyst Ted Pillows has shared key data from Glassnode revealing a massive surge in Ethereum network activity. According to Pillows, the number of new ETH addresses created in a single day recently hit 256,817—a figure that matches the network growth rates observed during Ethereum’s historic bull runs in 2017 and 2021. This milestone comes despite the market experiencing a recent price correction, signaling that investor interest and on-chain adoption remain robust. Such a sharp increase in new addresses is often viewed as a leading indicator of future price expansion. It reflects a growing influx of new participants entering the ecosystem, whether for DeFi, NFTs, or tokenized assets. Analysts see this rise in user activity as a foundational driver that could fuel Ethereum’s next rally, especially as ETH continues to trade just below multi-year highs. Adding to this momentum is the wave of legal clarity in the United States, which has removed significant regulatory uncertainty around Ethereum’s status. Institutional adoption is also accelerating, with large financial firms increasingly integrating Ethereum-based solutions into their offerings, from stablecoin infrastructure to tokenized securities platforms. Related Reading: Bitcoin Advanced Sentiment Index Reaches Bearish Levels: Futures Traders Show Caution The combination of strong on-chain fundamentals, a surge in new address creation, and institutional validation suggests that Ethereum’s current market position is not a fleeting trend. Despite short-term price fluctuations, the network’s explosive growth hints at the potential for further continuation above previous cycle highs. Ethereum Tests Key Support After Sharp Breakdown Ethereum has experienced a sharp breakdown from its recent consolidation range, with the price falling to $3,454.41 after failing to hold above the $3,600 level. The chart shows a clean rejection from the $3,860 resistance zone, leading to increased selling pressure that accelerated as ETH broke below the 50 and 100-period moving averages on the 4-hour timeframe. The next critical support now lies around the $3,450 level, which has acted as a previous accumulation zone during the last bullish leg. Volume has surged on this move down, suggesting that a significant portion of this drop is driven by short-term panic selling and liquidation cascades. However, the 200-period SMA is still positioned well below current levels, at $3,192.22, indicating that the broader uptrend remains intact unless that area is breached. Related Reading: Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet If bulls manage to defend this $3,450 level and reclaim $3,600 quickly, Ethereum could stabilize and attempt a new rally towards the $3,860 resistance. Failure to do so might open the door for a deeper correction, with the $2,850 level being the next major downside target. Featured image from Dall-E, chart from TradingView
What a week – New rules. Big releases. And a few surprises no one saw coming. From regulators drawing lines to new ETF milestones, the crypto space moved fast as did the U.S. with new reports (yes, the fed rates came out) and policies. There’s a lot unfolding right now, and this roundup is all …
Whales have recently intensified their offloading of XRP and Solana, coinciding with mounting pressure from newly imposed U.S. tariffs that are shaking broader crypto market sentiment. These macroeconomic headwinds have accelerated profit-taking among large holders. disrupting the ongoing accumulation trend for both assets. XRP price is struggling to maintain support above $2.92, while Solana faces …
Tether, the world’s biggest stablecoin issuer, minted $6 billion worth of USDT in July 2025, ramping up the token supply at a record pace. The surge comes as demand for stablecoins grows, with crypto investors and exchanges seeking more liquidity for trading. While Tether states all new USDT is fully backed, the rapid expansion has …
Ethereum is quietly setting the stage for its next big move, and smart money is paying close attention. While Bitcoin has struggled with lower lows, Ethereum ($ETH) has held its ground with higher lows, defying broader market weakness and flashing signs of hidden strength. Analyst Michaël van de Poppe believes this dip is the opportunity …