Solana advances from $156.45 to $166.65 amid heightened trading activity and corporate accumulation strategies signalling sustained upward trajectory.
Bitcoin’s price is holding firm despite growing chatter about the end of its market dominance. However, analysts are turning their attention not to Bitcoin’s price but to its waning market share as signs that altcoins may finally be ready to take center stage in what could become a full-blown altcoin season. A post on X has highlighted a specific breakdown structure in BTC dominance, which is linked to nine factors indicating that the altcoin season has begun. Technical Factors Showing Fall Of Bitcoin Dominance According to the analyst, Bitcoin dominance reached a peak of exactly 66% on June 27, 2025, a date he calls significant for its esoteric code 434 and its occurrence on a new moon. From a technical perspective, the 66% mark coincided precisely with the 0.786 Fibonacci retracement level, a region many traders consider a reversal zone. More importantly, several warning signals are flashing for Bitcoin traders. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says The analyst’s post on the social media platform X features a few price charts to emphasize how the Bitcoin dominance might be fading, alongside nine factors. From a purely technical lens, the dominance chart looks increasingly exhausted. The first factor is the most recent highest monthly RSI in the history of the Bitcoin dominance chart. This event has created an overbought condition, and the next outlook is a possible crash of the RSI. The MACD, in fact, has already crossed into bearish territory. Furthermore, the histogram has turned negative, and the faster line has moved below the slower one, which is a classic signal of an impending downtrend. Another interesting factor is that Bitcoin dominance has now broken a key diagonal support line that held firm through much of 2024 and 2025, which is another possible structural breakdown. Fundamental Factors Show Strong Rotation Into Altcoin Pairs While the technical picture is deteriorating, the fundamentals are also stacking in favor of altcoins very quickly. The first fundamental factor is the importance of upcoming altcoin spot ETFs, which have the possibility to redirect institutional flows from Bitcoin into Ethereum, XRP, and others. Related Reading: Time To Forget Altcoin Season? Bitcoin Dominance At This Level Is This Only Hope ETFs such as the Spot XRP, Dogecoin, and Solana ETFs could rapidly increase inflows into the rest of the crypto market, similar to how Spot Bitcoin ETFs caused massive inflows into Bitcoin. The analyst also highlighted the likelihood of upcoming U.S. Federal Reserve rate cuts, which would tilt market conditions in favor of altcoins over Bitcoin. Momentum has also begun to shift in some trading pairs, particularly XRP/BTC and ETH/BTC, both of which are showing reversal signs from critical levels. The XRP/BTC chart displays repeated failed attempts to break above 0.0000215 BTC, a horizontal resistance that has now been tested five times on the daily candlestick timeframe chart. At the time of writing, the XRP/BTC pair has returned to this level yet again, and based on this pattern, any clean breakout here could confirm a decisive rotation into XRP. Likewise, Ethereum has begun to recover from long-term oversold conditions when measured against Bitcoin. The rounded bottom pattern forming on the ETH/BTC weekly chart shows a reversal from undervaluation, which in past cycles has caused substantial gains for Ethereum relative to BTC. Featured image from Pixabay, chart from Tradingview.com
Dubai is pioneering real estate tokenization with a regulated, blockchain-based framework that democratizes property investment, enabling global retail investors to buy fractional shares in prime properties.
The market capitalization of the two largest stablecoins — USDT and USDC — reached new records this week, a sign that capital is flowing into digital asset markets.
Coinbase, the biggest cryptocurrency exchange in the U.S., is taking Oregon state officials to court, claiming they quietly changed their stance on digital assets. Coinbase Demands Transparency After State’s Abrupt Legal Action The Washington Times reports that Coinbase has filed a lawsuit accusing Governor Tina Kotek and Attorney General Dan Rayfield of suddenly changing their …
Animoca's Yat Siu will also join DDC's Bitcoin Visionary Council to offer input on the Asian food giant's bitcoin treasury strategy.
Looking for love lost $36.9 million to crypto scammers: A story of how Axis Digital turned sweet words into stolen coins and laundered it all to Cambodia.
TRON’s strong position in the stablecoin market continues with steady user growth, transaction volume and ecosystem expansion.
“Crypto week” is approaching as lawmakers in Washington aim to pass three bills related to digital assets.
The Florida Attorney General said there is evidence that crypto trading on Robinhood is actually more expensive due to its payment for order flow (PFOF) model.
The asset manager says the SEC’s surprise pause on its approved multi-asset crypto ETF is unlawful and hurting investors.
The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming at a steep discount just before Ether briefly surpassed $3,000.
Cardano has been one of the best performing assets on low timeframes. The top cryptocurrency is hinting at further profits, as the Bitcoin price crosses a new all time high and the much awaited altcoin season approaches. Related Reading: Bitcoin Moving With Stocks, But Ethereum’s Correlation Is Fading At the time of writing, Cardano trades at $0.74 with a 18% profit over the past 24 hours. On higher timeframes, the cryptocurrency records a 28% profit followed by XRP’s 20% gains over the same period. ADA's price trends to the upside on the daily chart. Source: ADAUSD on Tradingview Analyst Says Cardano Will Replicate a Historical Bull Run Unlike Ethereum and XRP, the Cardano price has been more consistent with its past performance. In that sense, analyst Ali Martinez pointed to the formation of a bullish pattern for ADA that could propel the digital asset above the critical level around $1. The analyst claims that the $0.55 support for Cardano has been a key support on high timeframes. The last time the cryptocurrency dropped to this level in April this year, as seen on the chart below, ADA was able to rise to over 55% and touched the $0.85 mark. ‘It’s happening again’ said Martinez while pointing at the bullish momentum driving Cardano since it touched the bottom of this parallel channel. If the cryptocurrency can sustain this drive, it is likely to touch its May highs before meeting critical resistance. ADA price trends to the upside after touching a critical support level, aiming for $0.82. Source: Ali Martinez via X ADA Could Trend Even Higher, Bullish Price Targets A separate analyst also took note of the Cardano price action and the way it seems to be mirroring past patterns. The analyst claims that Cardano is entering a critical breakout zone. However, unlike Martinez, the analyst is more bullish and believes the ADA price might rally as much as 212% over the coming weeks. The analyst placed a bullish price target for the Cardano price at around $1.7. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape The analyst stated the following while sharing the chart below: $ADA is now testing the 50-week EMA. The last 2 times it crossed this line, it went up 212% and 128%. If history repeats, we will be looking at $1.77 $ADA. Are you ready for the pump? Cardano price to enter the $1 area over the next few weeks. Source: MinswapIntern via X In the long term, the analyst expects to see ADA hit $5 driven by its recent announcements, including a partnership with Tx Pipe to accelerate developer growth in Argentina that is set to benefit the Cardano ecosystem. On this partnership, Charles Hoskinson, CEO of IO, said: Their team represents the best of what Argentina’s developer community has to offer, and together we are building a foundation for long-term ecosystem growth. Our collaboration also fulfills the broader vision of making IO Buenos Aires a crypto hub. Cover image from ChatGPT, ADAUSD chart from Tradingview
Alex, who previously served four years as head of social media and community at Binance, is looking to make Coinbase's "comms more social native."
Sharing fresh insights on X, Crypto Analysis AI observed that Chainlink is maintaining its upward trajectory, but not without signs of fading strength, identifying $14.20 as a key level to watch. Holding above this level could preserve the bullish structure, while a breakdown might trigger a deeper pullback. Mixed Signals In Focus: Chainlink Short-Term Strength Vs. Medium-Term Caution According to Crypto Analysis AI, LINK/USDT is currently showing mixed signals, with a slight bullish bias in the short term but potential consolidation or pullback risks in the medium term. The 1H timeframe shows more buy signals, while the 4H timeframe indicates weakening momentum after a strong uptrend. Related Reading: Chainlink Consolidates Above Key Support – Bulls Eye $20 Range In the 1H timeframe, the following bullish signals are active: ADX (35.47, strong trend), EMA (EMA9 > EMA20), KDJ (buy), ICHIMOKU (buy), and TRIX (buy). At the same time, several indicators are flashing bearish signals, including MACD (histogram negative), PSAR (sell), and Keltner Channels (sell). Some metrics remain neutral, with RSI at 57.60 (not overbought) and OBV showing neutral. For the 4H timeframe, bullish signals include ADX (34.17, strong trend), MACD (positive histogram), and Supertrend (buy). However, KDJ (sell), SMI (sell), and Schaff Trend Cycle (overbought) are signaling possible weakness. RSI at 66.94 (nearing overbought) and neutral OBV further support a cautious medium-term view, which increases the risk of a pullback. Key Observations from Crypto Analysis AI note that short-term momentum favors bulls. However, medium-term indicators suggest exhaustion, pointing to the 4H RSI reading. Fluctuations And Consolidation Signal Caution Crypto Analysis AI reports that the current trend for Chainlink remains an uptrend, but is slowing. Looking at recent price action, Crypto Analysis AI observed that on the 1H timeframe, LINK fluctuated between $14.25 and $14.48, closing at $14.34. Related Reading: Chainlink (LINK) On Standby: Bitcoin’s Next Move Holds The Key Meanwhile, on the 4H chart, there was a strong rally from $13.50 to $14.49, which is now consolidating near $14.30 and $14.40. The analyst also mentioned that volume is declining in the recent 1H candles, which suggests weakening momentum. Crypto Analysis AI identified the following key resistance levels: $14.48 (recent high) and $14.65 (upper Bollinger Band, 1H). In terms of key support, he pointed out $14.20 (recent swing low, 4H), followed by $13.90-$14.00 (psychological support, 4H EMA20) and $13.50 (strong support, previous breakout zone). Outlining potential bullish scenarios, Crypto Analysis AI explained that if LINK holds above $14.20, it could retest $14.48 and $14.65. In a bearish scenario, a break below $14.20 may lead to a deeper correction toward $13.90-$14.00. Meanwhile, for a neutral scenario, Chainlink may continue to consolidate between $14.20 and $14.48 before the next directional move. Finally, Crypto Analysis AI flagged several cautionary signals: 4H RSI near 67 could trigger profit-taking while the MACD histogram is declining despite higher highs. Furthermore, there is lower volume on recent up moves, suggesting weakening demand. Featured image from Shutterstock, chart from Tradingview.com
As Congress prepares to debate three major crypto bills during “Crypto Week,” the crypto community and advocacy groups are racing to turn momentum into real legislation.
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, […]
The post Ethereum advances toward censorship-resistant scaling with zkEVM layer-1 shift appeared first on CryptoSlate.
As bitcoin reaches a record high, tokens associated with DeFi and layer-2 networks are outperforming.
The Netherlands is often regarded as a crypto-friendly country due to its robust regulatory framework for cryptocurrencies. While owning and trading cryptocurrency is legal in the Netherlands, it does not have any specific concrete regulations governing digital assets. Since the Netherlands is a part of the European Union (EU), it has incorporated with EU’s crypto …
Bitcoin has hit a new all-time high, jumping 8% this week. The rally is lifting the whole crypto market, and bold predictions are flooding in. NBA legend Scottie Pippen also jumped in to comment on Bitcoin’s new all-time high. He shared a bold message to his followers on X, saying, “SEND EVERYTHING HIGHER.” He didn’t …
Grayscale's challenge to the SEC's stay highlights ongoing regulatory tensions, potentially impacting future crypto fund approvals and market dynamics.
The post Grayscale challenges SEC stay on approval of BTC, ETH, XRP, ADA large-cap fund appeared first on Crypto Briefing.
The percentage of total Ethereum supply staked stands at an all-time high of 29.39% as of July 9.
SharpLink Gaming is turning heads this week after making one of its boldest crypto moves yet. The company, listed on Nasdaq under the ticker SBET, just bought 10,000 ETH from the Ethereum Foundation. This isn’t just another crypto trade, it’s a strategic shift that could have a lasting impact on Ethereum’s future. SharpLink Goes All …
Ethereum’s daily futures trading volume exceeded Bitcoin’s for the first time on July 10, a landmark development that coincided with the asset’s price testing the $3,000 level. The technical flip in the derivatives market indicates a potential shift in trader sentiment and capital allocation, lending credence to narratives of a changing market structure. Data from […]
The post Ethereum futures volume surpasses Bitcoin for first time amid 5 month high appeared first on CryptoSlate.
Cardano (ADA) joined Hedera (HBAR) as a top performer, rising 12.6% from Thrusday.
Bitcoin’s latest rally sparked a reaction from Peter Schiff, urging a switch to silver, while others were more bullish than ever.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Omni Network’s OMNI token has stunned the market with a parabolic 164% price spike in the last 24 hours, reaching $5.40 before finding ground near the $4.06 mark. This explosive move was driven by a cascade of short liquidations totaling $3.8 million after aggressive bearish bets were wiped out. It is worth noting that, despite …
BitMEX co-founder Arthur Hayes makes a bold prediction: a “monster altseason” is on the horizon. With Bitcoin soaring past $118,000 and Ethereum closing in on the $3,000 mark, Hayes believes a powerful rally across altcoins is imminent. Arthur Hayes Flips Bullish as Bitcoin Breaks Out Initially cautious due to the U.S. Treasury General Account (TGA) …