Bitcoin is at a pivotal point, and the weekly close could define its next move. To confirm bullish continuation and strengthen market confidence, BTC needs to secure a solid weekly close above $107,720. Bitcoin Weekly Candle Could Set The Stage For A Run Bitcoin is approaching a make-or-break moment, but if BTC can secure a strong weekly close above $107,720, it could trigger a move toward the $130,000 to $135,000 range in Q3. This key level is acting as a resistance zone, and breaking it could unlock a new wave of bullish momentum. Related Reading: Bitcoin Dominance Shows Bearish Divergence – Altseason Could Be Near SatheMeme_Expert revealed on X that a similar setup had appeared in Q4 2024, when BTC posted its biggest weekly close of the year. The result was an unstoppable rally that shattered resistance and fueled one of the strongest bullish legs of the cycle. The weekly chart shows Bitcoin is trading within a well-defined historical parallel channel. As mentioned by Pinnacle_Crypto, this channel has previously marked a breakout point in October 2023 and October 2024, which fueled upward moves. If this pattern continues, BTC could be on track to reach the $150,916 target in October 2025. The channel provides a roadmap, with key breakouts that signal the start of rallies. Alongside, price dips will serve as accumulation zones. Crypto analyst Gemxbt also highlighted that Bitcoin’s 1-hour chart is currently in a downward trend, but the price is attempting to bounce off a support zone near $106.500. So far, this area is holding firm, providing a foundation for buyers to step in, and technical indicators support this potential shift. The Relative Strength Index (RSI) is recovering from oversold levels, hinting that selling momentum is waning, while the Moving Average Convergence Divergence (MACD) indicator is nearing a bullish crossover, which could signal the start of upward momentum. However, for a meaningful reversal to hold, BTC must overcome the critical resistance near $108,500. A breakout above with sustained volume will be crucial to confirm the trend and bullish momentum. Consolidation Phase Matures — Breakout May Be Imminent BTC is consolidating inside a descending channel formation on the daily chart, a pattern that typically reflects a phase with a broader trend. Dynamite Trader emphasized that BTC is currently trading above the 50-day moving average (MA 50), a technical level that is now solid for the bulls. Related Reading: Bitcoin Whales Just Realized $2.6B In Profit, Is the Market About to Crack or Soar? A breakout above the descending channel would mark a shift in sentiment and momentum, potentially triggering a bullish continuation toward the $120,000 region, the next psychosocial target on the macro chart. According to MiraCrypto, Bitcoin has shown a strong breakout from the descending channel on the 1-day chart, signaling a shift in momentum. BTC is now consolidating above the resistance, which has turned into support. This consolidation above the breakout levels is a bullish continuation signal seen before the next leg higher. MiraCrypto noted that as long as BTC holds this zone, the path remains open for a move toward $135,000. featured Image from Istock images, chart from tradingveiw.com
"Any transfer of OpenAI equity requires our approval — we did not approve any transfer,” the company said in a statement.
JPMorgan's upcoming application aims to set a single ecosystem for tokenized carbon credits that can address market fragmentation.
The SEC is expected to approve several Solana-focused ETFs this year, but the Rex-Osprey Solana + Staking ETF is the first in the U.S.
OpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new blockchain platform do not represent OpenAI equity and were listed without the company’s consent. In a statement posted on X, the artificial intelligence developer wrote: “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not […]
The post OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing appeared first on CryptoSlate.
In a media interview, Chair Paul Atkins pledged to empower businesses to innovate through tokenization.
The proposed bank, called Ererbor, will service firms in crypto, defense, AI and other sectors that have historically been barred from working with more traditional financial institutions.
Celsius has accused Tether of improperly liquidating nearly 40,000 bitcoins in order to cover an outstanding loan while it was on the precipice of bankruptcy in 2022.
BNB Smart Chain’s Maxwell upgrade has ignited the bulls, opening the door for a rally toward new year-to-date highs.
The dEURO is overcollateralized by other digital assets such as Bitcoin, Ether and Monero.
Grayscale’s conversion of its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF) has been frozen by a stay order, despite receiving approval from the Securities and Exchange Commission (SEC) on July 1. Bloomberg ETF analyst James Seyffart said in a social media post on July 2 that the stay blocks the conversion “for now” […]
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OpenAI's disavowal highlights potential regulatory and trust challenges in the burgeoning tokenized equity market on blockchain platforms.
The post OpenAI denies involvement in Robinhood’s tokenized equity launch on Arbitrum appeared first on Crypto Briefing.
After closing June in the highest monthly close since inception, Bitcoin (BTC) price has signaled bullish sentiment in July. The flagship coin surged 4 percent on Wednesday, July 2, to trade at about $109,420 during the mid-North American trading session. However, BTC price has not fully invalidated the midterm bearish sentiment. As Coinpedia reported, BTC …
Traders say Bitcoin will benefit from the proposed $5 trillion increase to the US debt ceiling, but data could suggest otherwise.
Ether climbs to $2,601 as institutional narratives strengthen following bullish ETF commentary and Robinhood’s L2 blockchain development on Arbitrum.
ICE-tracking app ICEBlock has sparked backlash from the DOJ and DHS, along with legal threats over federal agents' safety concerns.
Bitcoin (BTC) could see its strongest half-year performance ever in late 2025, driven by record ETF inflows, policy risks to the Federal Reserve, and broadening sovereign adoption, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered. In a July 2 research note, Kendrick forecasted that ETF inflows and corporate treasury purchases will […]
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The fund, which is regulated under the Investment Company Act of 1940 and uses Anchorage as a custodian, also brought in $1 million in AUM.
Tron (TRX) is currently navigating a prolonged consolidation phase that began in December 2024, with prices oscillating between key levels and no clear breakout direction in sight. Despite this range-bound action, Tron remains firmly in the spotlight as fundamental developments capture market attention. The most significant news came two weeks ago, when reports revealed that Tron is preparing to go public via a reverse merger with Nasdaq-listed SRM Entertainment. This potential listing could mark a major milestone for the blockchain platform, potentially making it the first major crypto network to enter US public markets directly. Related Reading: Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High At the same time, on-chain data signals growing momentum beneath the surface. According to insights from CryptoQuant, DeFi activity on the Tron network has been steadily expanding. Rising transaction volumes, increasing deposits in JustLend, and record swap activity on SunSwap point to deepening liquidity and user engagement. These developments highlight a maturing ecosystem, but the market has yet to price in a breakout move. As consolidation continues, traders and investors are closely watching for the next major catalyst. Whether Tron’s public listing or accelerating DeFi traction triggers it remains to be seen, but momentum is quietly building. Tron DeFi Growth Signals Underlying Strength Tron is testing critical price levels after months of sideways movement, consolidating between $0.211 and $0.295. This range has acted as a structural base since late 2024, and a clean break in either direction could determine Tron’s next major trend. A breakout above $0.295 would likely trigger fresh momentum toward new local highs, while failure to hold support could expose the asset to deeper corrections. While the broader crypto market anticipates upward expansion—supported by the rally in US equities and a more stable macro backdrop—Tron remains trapped in this tight band. Volatility persists, and without a decisive breakout, market participants remain cautious. Still, underlying fundamentals suggest TRX may be quietly gathering strength. According to CryptoQuant data, DeFi activity on the Tron network is rising rapidly. SunSwap has surpassed $3 billion in monthly swap volume consistently throughout 2025, with May setting a record at $3.8 billion. Meanwhile, JustLend deposits have more than tripled year-to-date, peaking at $740 million. These developments point to deepening liquidity and growing demand across Tron’s DeFi ecosystem. Stablecoin inflows and increasing borrowing activity further reinforce Tron’s expanding utility, suggesting the network is becoming a robust settlement layer. While the price remains range-bound for now, the fundamentals hint at a strong foundation for future upside, once the technical breakout finally materializes. Related Reading: Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details TRX Price Consolidates Near Resistance TRX is currently trading around $0.2813, maintaining its position near the upper boundary of the long-standing consolidation range that began in December 2024. The asset has shown resilience above the 50-day, 100-day, and 200-day moving averages, all of which are trending upward, supporting the bullish outlook. The 50-day SMA at $0.2508 and the 100-day SMA at $0.2289 are providing dynamic support, indicating strong buyer interest on dips. Price action throughout June remained sideways, with low volatility and volume consistent with a classic consolidation phase. Despite multiple rejections below the $0.295 resistance, TRX has not shown any signs of structural weakness, holding firmly above $0.26–$0.27 and gradually building pressure toward a breakout. Related Reading: Bitcoin Dominance Shows Bearish Divergence – Altseason Could Be Near Volume has remained stable, though not yet signaling the kind of breakout momentum that would confirm a move into higher price discovery. Traders are watching closely for a clean candle close above $0.295 to validate a bullish continuation. If successful, TRX could rally toward the $0.32–$0.35 zone, with minimal overhead resistance. Featured image from Dall-E, chart from TradingView
Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor and Aldermen approved the mine’s development after a 3-1 vote to rezone the targeted 50-acre site. The land will shift […]
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The SEC's delay highlights regulatory caution, potentially impacting the timeline for broader crypto ETF adoption and market integration.
The post SEC delays Grayscale’s large-cap crypto ETF launch despite approval order appeared first on Crypto Briefing.
The SEC's commissioners are reviewing Grayscale's uplisting of a large cap fund, a letter from the agency said.
BONK rallied to $0.00001494 as Tuttle Capital filed a post-effective amendment stating its 2x leveraged ETF could go live as early as July 16 if approved.
SOL rallied after the launch of the REX Shares Solana ETF, but bulls need to hold the price above $160.
US President Donald Trump’s name has long been tied to big hotels, golf resorts, and fancy condos. But now, in just a few months, Trump and his family have made more than $620 million by diving into the world of crypto. Is Trump using his power as president to make this money? Let’s look at …
Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market opening on the Toronto Stock Exchange. MOGO closed July 1 priced at 1.74 Canadian dollars, worth roughly $1.28. It opened on July […]
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The tokenization initiative could lay groundwork for standardized carbon infrastructure underpinned by blockchain tech, the firms said.
An AI startup founder and vocal XRP supporter on the social media platform X has offered his long-awaited price prediction for the cryptocurrency. XRP’s price action in recent days has been highlighted by a quick surge to $2.30 on June 30, in what looks like the bulls trying to close the month of June above $2.20. That momentum, however, was short-lived, as the cryptocurrency has slipped back below this level in the most recent two days. Although momentum has not yet returned in full, bullish predictions are still active, and this latest prediction adds another confident voice to the growing chorus of those expecting a significant breakout. XRP Price As High As $20 To $30 Taking to the social media platform, Vincent Van Code, an AI startup founder, offered his personal price outlook for XRP. He explained that while he rarely comments on specific targets, he believes the asset has the potential to reach between $30 and $50. Related Reading: Analyst Reveals Rational Behind XRP Price Reaching $9.5 And $37.5 However, it is important to note that this reasoning is not rooted in technical analysis, but rather in belief and long-term conviction based on XRP’s current price trajectory. Furthermore, he noted that his investment in XRP is shaped by this personal view of a $20 to $30 price target and admitted he cannot predict the timing of such a rally. The details of how the journey plays out to this price target are far less important than the eventual outcome. It is clear that the ultra-bullish price prediction is not intended to persuade or convince others. However, it shows the confidence some traders have in XRP’s future price. It also resonates with many predictions from other crypto participants regarding XRP, both in terms of technical and fundamental analysis. Familiar Price Predictions Within The Altcoin’s Circle This prediction aligns with a broader sense of optimism often found among XRP supporters. Although some critics continue to argue that price targets of $30 or more are unrealistic, especially due to its huge circulating supply, many in the XRP community continue to see such price targets as attainable. Related Reading: Deaton Says Ripple IPO Could Trigger $100B Valuation, How High Will The XRP Price Be? The beliefs of extravagant XRP price targets are often based on its fundamentals, mostly on expectations of widespread adoption in cross-border payments and institutional adoption of the cryptocurrency. In fact, one analyst pointed to this as the reason why the XRP price will surge above $1,000, stabilize at this level, and eventually become very expensive. Technical analysis from crypto analyst JackTheRippler pointed to an incoming price target above $30 for XRP. In a similar vein, a recent technical analysis by popular crypto analyst EGRAG CRYPTO shows that the altcoin is on track to climb above $9.5 and reach as high as $37.5. XRP rallied to as high as $2.30 on June 30, and then reversed to an intraday low of $2.15 in the past 24 hours. At the time of writing, XRP is trading at $2.19. Featured image from Getty Images, chart from Tradingview.com
The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).
Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price.