An Arizona woman was sentenced to eight and a half years for aiding North Korean hackers in infiltrating over 300 US crypto and tech firms, generating $17 million of illicit gains.
Bitcoin is making its first meaningful move since breaking its all-time highs and reaching the $123,000 level. After consolidating in a tight range for nearly two weeks, the price is now pulling back toward $115,000—marking a 6% decline from recent highs. While this retracement has stirred caution among short-term traders, data suggests there is little cause for concern at this stage. Related Reading: Bitcoin LTHs Start Distributing: CDD Ratio Hits Historic Levels According to CryptoQuant’s Bitcoin Price Drawdown Analysis chart, the current 6% pullback remains well within the normal volatility range observed during prior bull phases. This suggests the move is more likely a healthy market reset than the beginning of a deeper correction. As Bitcoin tests the lower boundary of its former range, investors will closely watch for renewed strength or signs of distribution. For now, fundamentals and long-term holder data remain supportive, keeping bullish sentiment intact despite short-term volatility. The next few sessions may determine whether BTC can bounce decisively or enter a broader consolidation phase. Bitcoin Volatility Remains Within Norms As Market Enters Critical Phase According to top analyst Axel Adler, Bitcoin’s recent price action may appear sharp at first glance, but deeper analysis shows that current volatility remains well within normal historical ranges. Over the past quarter, Bitcoin’s most notable intraday drops on the 5-minute timeframe reached -10% in early June and -12% in mid-June. Meanwhile, the average weekly drawdown, represented by the green line on Adler’s chart, remains stable at 3.8%. The current -6% pullback—following Bitcoin’s recent breakout to $123K and its retrace toward $115K—sits only 2.2% deeper than this weekly average and is still far from the panic-triggering extremes seen in previous months. Despite the dramatic visual appearance, Adler emphasizes that the current correction aligns with a standard consolidation cycle often seen during bull markets. What makes this moment especially relevant is how other parts of the crypto market are behaving. While altcoins retraced heavily yesterday, today they are holding above key support levels, signaling potential strength and a possible shift in market dynamics. This resilience across major altcoins could mark a rotation of capital within the market, rather than an exit. Related Reading: Bitcoin STH Realized Price Chart Reveals Key Defense Zones Amid Volatility BTC Falls Below Key Support as Volume Spikes Bitcoin has broken below the tight consolidation range it maintained for over two weeks, with price dropping sharply to a local low of $115,009 before slightly recovering to $115,759. This marks a clear technical breakdown of the horizontal channel between $115,724 and $122,077, as shown in the 4-hour chart. The breach below the lower bound coincided with a spike in volume, signaling decisive selling pressure from market participants. The drop pushed BTC below the 50-day (blue) and 100-day (green) simple moving averages (SMAs), both of which previously acted as dynamic support. The price is now hovering just above the $115,724 horizontal support zone, which is now being retested. A failure to hold this level could open the door to deeper retracements toward the 200-day SMA near $112,104, which could act as the next major support level. Related Reading: Ethereum Adoption Accelerates As Daily Transactions Set 2025 Record Technically, a bearish structure is developing in the short term, especially after the breakdown from the triangle-like compression (marked in blue). However, the elevated volume accompanying the move may also suggest capitulation from weak hands, which can precede a reversal. In the coming sessions, Bitcoin’s ability to reclaim the $118K level will determine whether bulls can regain control. Featured image from Dall-E, chart from TradingView
Maple Finance’s SYRUP token defied the broader crypto market slump, soaring 23% following its listing on Upbit.
Bitcoin’s drop below $115,000 saw significant liquidations of late longs, but BTC’s bullish scenario remained intact, according to analysts and onchain metrics.
Tron Inc., the public company holding the largest amount of TRX tokens, has officially joined the Nasdaq, and it’s a big moment not just for Justin Sun, but for crypto’s growing presence on Wall Street. To mark the listing, Sun rang the opening bell at the exchange, calling it a dream 15 years in the …
According to blockchain analysts, the $9.6 billion sale may be absorbed by crypto markets without a significant market impact.
Ethereum exchange-traded funds (ETFs) are recording a remarkable surge in investor interest, consistently outperforming their Bitcoin counterparts throughout the past week. SoSo Value data shows that spot ETH ETFs attracted $231.23 million in new capital on July 24, edging past the $226.61 million net inflows recorded by spot Bitcoin ETFs. When the timeline is extended […]
The post Ethereum ETFs soar past Bitcoin in new flows as institutional focus shifts appeared first on CryptoSlate.
Bitcoin traders continue to grapple with mass selling of "OG" BTC, but RSI values are already hinting at a recovery after a trip to single digits.
An ape-themed CryptoPunk with a cowboy hat was exchanged for over $5 million in company stock.
Bitcoin has entered a sharp corrective phase, shedding over 2.5% in the past 24 hours amid intense selling pressure and heightened volatility. The downturn follows a significant liquidation event triggered by large institutional offloading, with prices slipping below critical short-term levels. As July nears its monthly close, Bitcoin’s inability to reclaim momentum above $118K raises …
Token demonstrates resilience with dramatic intraday breakout on elevated volume amid broader crypto market turbulence.
Galaxy Digital wallets have routed over 17,000 BTC to major exchanges within the past 24 hours, according to data from Arkham Intelligence. The transactions, totaling more than $1.7 billion at current prices, involved deposits to Binance, OKX, Bybit, and Bitstamp, following a wave of internal transfers from the firm’s primary custodian address. Between July 15 […]
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Financial expert Robert Kiyosaki has shared a powerful reminder to his followers on X. This message is for those investors who rely heavily on paper assets like ETFs (Exchange-Traded Funds). Although ETFs can make investing easier for beginners, they might not always be the smartest choice in uncertain times, he says. Know When To Go …
In the bank's most optimistic scenario, bitcoin could reach $199,000 by the end of the year, while a more bearish setup, pulls the forecast down to $64,000.
Bitcoin’s summer melt-up has come to an abrupt halt. The benchmark cryptocurrency slipped from an intraday peak above $119,000 late Thursday to trade as low as $115,800 in European morning hours, its weakest print in a fortnight. The 2.7 percentage-point slide followed an unmistakable on-chain signal: Galaxy Digital quietly pushed more than 10,000 BTC—worth about $1.18 billion at the time—onto major exchanges in less than eight hours, according to wallet-tracking firm Lookonchain. Galaxy Digital Triggers Bitcoin Slide “Bitcoin sell-off still underway! Galaxy Digital deposited another 2,850 BTC ($330.44M) to exchanges,” Lookonchain warned on X in the early European morning hours, noting that the transfer originated from a Satoshi-era whale that re-awakened this month. Prior to that, the analytics account posted an alert: “Note that Galaxy Digital has deposited over 10,000 BTC ($1.18B) to exchanges in the past 8 hours!” Screenshots of Arkham Intelligence dashboards showed a series of multi-million-dollar transactions converging on Binance, Bybit and OKX. Related Reading: Bitcoin Rally Signal? Analyst Links Binance Spot Volume Surges To Price Upswings The flows are the latest chapter in a saga that began on 4 July, when an address dormant since 2011 started chopping an 80,009-BTC trove into 10,000-coin tranches. By 18 July the final 40,191 BTC—worth $4.8 billion—had landed at Galaxy, a move many analysts interpreted as a potential sale. That potential is now reality. On-chain data shows Galaxy sends Bitcoin to various crypto exchanges almost every minute to sell it. The BTC price is reacting with textbook symmetry: spot BTC slipped through $118,000 during the Asian session before knifing to $116,000 as London desks opened, wiping roughly $55 billion from bitcoin’s market value in just 4 hours. Galaxy Digital, run by billionaire Michael Novogratz, offered no public comment at the time of writing and has not filed any Form 8-K that might indicate a balance-sheet reshuffle. The firm’s most recent media appearance came on CNBC yesterday, where Novogratz repeated his view that Ether could “outperform” bitcoin over the next few months,” but did not hint at near-term selling. Related Reading: Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows While motives remain opaque, market spectators were quick to theorise. “Looks like the Bitcoin selloff is Galaxy Digital market dumping from a batch of 80K BTC. Could be because they were asked to for a client, something related to Saylor, or moving into Ethereum as Novogratz suggested ETH may move more than BTC in the next few months (today on CNBC). Not worried. They have about 27K left to sell (if they’re selling the full 80k), people buy, life goes on, it continues upwards,” the crypto-focused account Autism Capital posted via X. Capriole Investments founder Charles Edwards commented via X: “At the same time that this OG whale is dropping 10K slugs into spot markets today, we have 30K of leveraged longs opening on the dip. Not a price prediction and changes nothing mid- to long-term, but this is not a great sign for the short-term price action. Even if all 80K BTC are nuked, if Treasury Company demand remains consistent, it will all be consumed in a couple weeks.” At press time, BTC traded at $115,476. Featured image created with DALL.E, chart from TradingView.com
Cango Inc. generated 147 bitcoin this week and now holds 4,387 BTC, as the restructured miner joins MARA and CleanSpark in surpassing 50 EH/s of hashrate.
The COINS Act was recently introduced in India by Web3 venture firm Hashed Emergent and policy group Black Dot. It wants to create clear rules for the crypto industry, focusing on stopping money laundering, protecting the right to hold your own crypto, and addressing privacy issues. Several industry leaders, including Aishwary Gupta, Global Head of …
Today, Bitcoin is bleeding around $115,500–$116,000, down about 2–3%. The broader crypto market also saw the bloodbath, with total market capitalization falling nearly 5–7% in the past 24 hours. This pullback follows a near-record rally, suggesting profit-taking is in full swing. Bitcoin is back under pressure after Galaxy Digital, a major crypto investment firm, moved …
The SHIB team has clarified something many in the community may have overlooked – BONE isn’t just a meme token! In a fresh update from SHIB-affiliated account @Shibizens, the community was reminded that BONE, often seen as a joke in the Shiba Inu ecosystem, is actually doing a lot of heavy lifting behind the scenes. …
OSL also plans to use the capital to support acquisition plans and bolster its balance sheet
Bitcoin’s drawdown to $115,300 punished the aggressive long leverage piled up in the market. BTC dropped from $117,786 at yesterday’s open to $115,353 in the early hours today, a 2.1 % slide that masked a deeper intraday swing of about $4,350 between high and low. That modest slip lit a fire under derivatives books stuffed with […]
The post Bitcoin liquidation cascade wipes out $646 million in 24 hours appeared first on CryptoSlate.
Bitcoin is once again testing the patience of crypto traders. As a popular crypto analyst, Captain Faibik has shared a fresh warning about Bitcoin’s current price pattern. He says Bitcoin is stuck inside a Rising Wedge pattern and believes that BTC could soon drop below $100,000 if signs play out. So, is a big drop …
The transactions occurred shortly after XRP touched $3.60, its highest level since 2021, before pulling back to around nearly $3.
The XRP community has long been waiting for a big breakout and according to Jake Claver, CEO of Digital Ascension Group, the wait may finally be worth it. In a huge prediction, Claver said that XRP could skyrocket to anywhere between $1,500 and $2,000 by January 1, 2026, provided a unique mix of global financial …
Windtree Therapeutics disclosed a $520 million ELOC deal and partnered with Kraken to expand its BNB cryptocurrency treasury.
Ethereum has just made a major move for the first time in over a year, as its weekly spot trading volume outpaced Bitcoin’s. Between July 14 and 20, Ethereum recorded $25.7 billion in spot trades, while Bitcoin followed slightly behind at $24.4 billion. This unexpected flip has sparked fresh speculation: is an altcoin season quietly …
Spot Ether ETFs recorded nearly $2.4 billion in the past six trading days. BlackRock’s ETHA was the biggest beneficiary of the inflow.
Terry Bollea, better known by his wrestling ring name Hulk Hogan, was pronounced dead in a hospital on Thursday at the age of 71, days after Ozzy Osbourne passed away at 76.
A Texas magistrate judge says Logan Paul’s bid to blame the co-founders for the failure of his CryptoZoo NFT project should be rejected.
In an interview hosted by Kyle Chassé, Bitwise Chief Investment Officer Matt Hougan and Bloomberg ETF analyst James Seyffart weighed in which spot ETF could attract more inflows– XRP or Solana–if approved on the same day. Both concluded that the initial wave of capital would likely favor XRP, even as longer‑term asset accumulation could tilt toward Solana. XRP or Solana: Which Spot ETF Will Dominate? Seyffart grounded his view in the performance of existing derivative‑based products. “We did have, we had a kind of a situation like this where we had futures Solana ETFs and leverage futures or derivatives based ETFs that have exposure to Solana launched before the XRP versions. And the XRP versions have got more assets and flows than the Solana version,” he said. While cautioning that “derivatives based products are nowhere near as high in the list of demand for investors as the spot products would be,” he cited that precedent alongside the strength of XRP’s retail community. According to Seyffart, a “pseudo spot product from Rex Osprey that went through a whole bunch of loopholes and end arounds to try and get exposure to spot Solana with staking” has also “done very well,” but not enough to alter his near‑term ranking. Related Reading: Analyst Reveals The Real Reason XRP Price Crashed Yesterday “I think in the near term, I would bet on XRP, but over the long term, I’d probably bet on Sol getting more assets,” Seyffart continued, pointing to mass‑market familiarity with XRP narratives—“anyone I know who doesn’t really know this space at all…they like XRP. They think it’s gonna be the backend settlement system for all banks”—and the persistent volume of XRP‑related discussion across TikTok, Reddit and other social platforms. “The ground game is unreal,” he said, before adding that institutional conversations skew differently: “From an institutional point of view…there seems to be a lot more serious people looking at Solana…definitely I lean Solana or Ethereum from my point of view.” Hougan concurred with the sequencing. “I actually agree. I think XRP would do better out of the gate,” he said, emphasizing that the intensity of a committed minority, rather than broad sentiment, drives day‑one ETF flows. “I think the average opinion of Solana is better than it is for XRP across crypto investors, but that’s not who buys the ETF on day one. It’s the passion, right?” Related Reading: XRP Whales Move $759M In Token: What Are They Up To? Recounting his experience at an XRP‑focused event, he underscored the depth of that base: “I went to an XRP conference in Vegas on a Saturday. There were 1,200 people in the room. Every seat was taken. That’s crazy…There is an army of people who are really passionate about XRP, and I think it would do exceptionally well out of the gate. It doesn’t matter, again, that 90% of people hate it. What matters is 10% of people love it.” Hougan added that Solana’s eventual trajectory would depend on its “narrative transition,” suggesting a shifting storyline around the network could influence timing-sensitive allocations. “If Solana is ripping…it would do well,” he said. “But my base case out of the gate would be XRP, at least for the first few months.” Taken together, the analysts’ assessments outline a bifurcated path: an early surge in XRP spot ETF inflows propelled by a highly mobilized retail constituency, followed by a potential reversion in which Solana, benefiting from deeper institutional engagement and evolving narratives, could surpass XRP in total assets over time. At press time, XRP traded at $3.06. Featured image created with DALL.E, chart from TradingView.com