The company's previous quarterly net profit record of $4.52 billion was set during the first quarter of last year.
Your day-ahead look for July 31, 2025
Pudgy Penguins ($PENGU) is making a comeback after a sharp decline, showing several signs that the meme coin trend might be shifting. As $PENGU gains momentum, new players in the crypto market, like Maxi Doge ($MAXI), are showing interest. The standout? A fresh TD “9” buy signal right at a key demand zone – a setup traders often watch for early reversals. Add in a bullish RSI divergence, a surge in on-chain activity, and the fact that $PENGU has now flipped $BONK to reclaim its spot as one of the top Solana meme coins, and the stage is set for what could be a serious bounce. After all, when the leading meme coins wake up, the whole sector – including fresh crypto presales – tends to run. Why Analysts are Bullish on $PENGU The TD Sequential “9” buy signal flashing on $PENGU is a classic sign of trend exhaustion, often preceding sharp reversals. Its appearance at the $0.036 demand zone (a key trendline support) adds conviction, suggesting that sellers may run out of steam. Momentum indicators are reinforcing the case. The RSI shows a clear bullish divergence, hinting at waning selling pressure and the potential for an upside shift. On-chain metrics strengthen this outlook: $PENGU has 563K+ holders, recently flipped $DOGE in trading volume on some exchanges, and daily active addresses have climbed to 20K. These figures highlight growing participation and point to it being among the best meme coins. That’s regaining strength, not fading away. Next Price Targets and Technical Outlook Analyst Lennaert Snyder believes $PENGU is primed for a breakout above $0.043, with a potential rally toward $0.073 if momentum holds – a view supported by the latest chart structure. This projection hinges on $PENGU maintaining its critical $0.036 support, which has repeatedly acted as a springboard for recoveries. In the near term, $0.041 is the first key resistance, followed by $0.045, where stronger selling pressure may emerge. A decisive move through these levels would confirm a broader trend reversal and open the door to Snyder’s target zone. Conversely, losing $0.036 could invalidate the bullish setup. However, the confluence of strong support, improving indicators, and rising participation suggests $PENGU’s next move may be higher. Meme Season Ignites Meme coin season is heating up again, and $PENGU is leading the charge. Now the top meme coin on Solana with a $2.4B market cap and trading at $0.0383, its recovery reignites interest across the sector. Historically, smaller-cap meme plays tend to follow suit when a leader like $PENGU flashes bullish signals. This rotation effect is already drawing attention to new presales, with Maxi Doge ($MAXI) emerging as one of the most-watched contenders in the current meme coin pipeline. Maxi Doge ($MAXI): Meme Coin With High-Octane Hype Maxi Doge ($MAXI) is a full-blown spectacle, and it’s already moving fast. Having pulled in over $100K within days of launch, the project has tapped into high-octane hype that only the most unhinged corners of crypto can deliver. This isn’t your typical “cute dog” narrative. $MAXI comes with a 1,000x leverage mindset, a protein shake-fueled community, and a mission statement that reads more like a locker-room pep talk than a whitepaper. Its satirical edge is what’s making it stick. This project leans hard into the absurdity – backed by early staking rewards of a staggering 1,860%- from memes of Maxi Doge bench-pressing Dogecoin to Red Bull-fueled trading marathons. And that’s exactly why it’s catching fire. Traders aren’t just buying a token; they’re buying into a movement gunning to out-muscle Dogecoin’s legacy and flex its way onto the meme coin leaderboard. If $PENGU is the comeback kid, $MAXI is the gym rat kicking down the door. Final Thoughts: Penguins March, Doges Flex Pudgy Penguins’ fresh TD “9” signal, bullish RSI divergence, and on-chain momentum make it the meme coin to watch as it claims the Solana crown. But the real kicker is how this resurgence often sparks broader meme coin rotations, and Maxi Doge’s satirical, high-energy presale is already capitalizing on that wave. With $PENGU at $0.03830 and $MAXI offering 1,860% early staking rewards, this could be one of those rare windows where the meme coin market flips from quiet to chaotic in a hurry. If you’re hunting early plays, it might be time to keep one eye on the charts and the other on presales. Just remember: in meme coin land, the only constant is volatility. This is not financial advice. Meme coins are highly speculative and can be extremely volatile. Always do your own research (DYOR) and never invest more than you can afford to lose.
CoinDCX operator Neblio reportedly filed a complaint against software engineer Rahul Agarwal after discovering that his credentials had been compromised through his work laptop.
EURAU is claimed to be the first euro stablecoin under BaFin’s e-money license.
A task force established by President Donald Trump has issued a comprehensive crypto report advocating for clearer regulations governing digital asset markets. Released on Wednesday, the report calls on federal regulators to utilize their existing authority to create more definitive rules surrounding the trading of digital assets, thereby facilitating the adoption of innovative financial products. White House Crypto Report According to Bloomberg, the White House described the report as an essential step toward positioning the United States at the forefront of the blockchain revolution. “By implementing these recommendations, policymakers can usher in the Golden Age of Crypto,” officials stated in a fact sheet accompanying the report from the Working Group on Digital Asset Markets. Related Reading: BlackRock Goes Heavy on Ethereum: Buys 4x More ETH Than BTC Formed through an executive order signed by Trump in January, the task force has proposed a variety of policy measures aimed at addressing the complexities of the digital asset landscape. Among its key recommendations is the urgent passage of the Digital Asset Market Clarity Act, which seeks to eliminate regulatory gaps by granting the Commodity Futures Trading Commission (CFTC) authority to oversee spot markets for non-security digital assets. The report also emphasizes the need to embrace decentralized finance (DeFi) technologies as a vital component of the evolving financial ecosystem. The report also urges both the Securities and Exchange Commission (SEC) and the CFTC to act swiftly, providing clarity on critical issues such as registration, custody, trading, and recordkeeping to enable federal-level trading of digital assets. Bitcoin Reserve With 198,000 Seized Coins These recommendations come on the heels of Trump’s recent signing of a congressional bill called the GENIUS Act, aimed at regulating stablecoins, marking a significant victory for the cryptocurrency industry. This new law establishes rules for US dollar-backed stablecoins, which proponents believe will pave the way for broader integration of digital assets into the financial system. The White House has indicated that additional details about the Strategic Bitcoin Reserve will be forthcoming. This reserve is expected to consist of approximately 198,000 Bitcoin that the government has seized from criminal cases and other proceedings. Related Reading: XRP Traders Pull Back $2.4B—Brace For Impact Or Buy The Dip? An executive order issued earlier this year mandated that the Treasury Department retain these Bitcoin holdings, with directives to explore budget-neutral methods for acquiring more. The report also addresses other crucial issues, including the need for clarity on Bank Secrecy Act obligations to strengthen anti-money laundering (AML) efforts. On tax policy, it recommends that Congress classify digital assets as a new category subjected to modified tax rules applicable to securities or commodities. Furthermore, it calls for legislation to extend wash sale rules to digital assets, preventing investors from claiming tax losses on securities if they repurchase similar assets within a designated timeframe. Featured image from DALL-E, chart from TradingView.com
This made Phoenix Group the first company listed on the Abu Dhabi Securities Exchange (ADX) to open a strategic cryptocurrency reserve, it said.
Bitcoin market sentiment shrugs off a hawkish Fed FOMC meeting in an instant amid fresh promises of a US strategic Bitcoin reserve becoming a reality.
NEAR's 23-hour trading session from July 30 to July 31 signals strong institutional conviction, propelling prices from $2.52 to $2.73.
A U.S. appeals court overturned former OpenSea employee Nathanial Chastain's fraud and money laundering convictions.
Retail and institutional investors are aggressively accumulating BTC, echoing bullish patterns last seen during the 2024 U.S. election.
Ripple is on the hunt for a Vice President of Partnerships to lead its push into institutional decentralized finance. This is a big step towards bringing major financial players onto the XRP Ledger (XRPL) and scaling its adoption. Here’s why this new opening is a major signal! RippleX to Drive Institutional Adoption The new VP …
Web3 Antivirus and 1inch have joined forces to enhance DeFi security with real-time token validation and proactive threat detection. This powerful partnership helps traders identify malicious tokens and honeypot scams, prevent phishing attacks before they happen, and receive instant alerts on risky transactions. Their combined solution offers a stronger shield for safer DeFi experiences, making …
Chainlink price is making headlines once again, this time underpinned by regulatory optimism and strong technical recovery. Thanks to its Cross-Chain Interoperability Protocol (CCIP), Chainlink has found itself at the center of attention. As White House’s July 31 Digital Asset Report highlights the same. The SEC’s latest ETF eligibility update has been another driver to …
The US Securities and Exchange Commission (SEC) could soon approve spot exchange-traded funds (ETFs) for digital assets with a strong futures market presence. A recent filing from the Chicago Board Options Exchange (CBOE) offers new clues about how the agency may approach crypto ETF approvals in the future. SEC’s crypto ETF listing standard On July […]
The post New SEC standard leans on CFTC and Coinbase to decide which digital assets get spot crypto ETFs appeared first on CryptoSlate.
The Digital Asset Market Clarity Act is making waves across the crypto space, and nowhere more than in the XRP community on Reddit. This proposed U.S. legislation aims to clearly define how digital assets are classified, finally addressing years of legal gray areas that have dogged projects like XRP. On Reddit, excitement is running high, …
Visa has added support for PayPal’s PYUSD, Paxos-issued USDG, Circle’s EURC, along with the Stellar and Avalanche blockchains.
A closely watched chartist on X, Cantonese Cat (@cantonmeow), says he added to his Dogecoin exposure after a key Ichimoku signal appeared on the weekly chart. Posting at 2:46 p.m. on July 30, 2025, he shared a TradingView snapshot and wrote: “DOGE weekly — Ichimoku cloud — Bullish Tenkan–Kijun cross — Finding support at the Tenkan (blue line).” He followed with a straightforward disclosure: “I bought a little bit more $DOGE here.” This Dogecoin Ichimoku Signal Can’t Be Ignored The chart he published was captured at 12:46 UTC on July 30 and showed Dogecoin (weekly timeframe) trading near $0.216 after a week-to-date decline of 10.23%. TradingView’s readout on the image lists weekly O/H/L/C at 0.24076 / 0.24854 / 0.21440 / 0.21613, alongside Ichimoku values Tenkan-sen 0.21517, Kijun-sen 0.21142, Senkou Span A 0.21329, and Senkou Span B 0.28247. The thrust of the analyst’s call rests on classic Ichimoku mechanics. The Tenkan-sen (conversion line) has crossed above the Kijun-sen (base line) on the weekly chart—an event technicians describe as a bullish Tenkan–Kijun cross. In the posted image, spot price sits marginally above the Tenkan and Kijun, consistent with his comment that price is “finding support at the Tenkan.” Related Reading: Dogecoin Unlock To Put $22.9M Worth Of Tokens Into Circulation In Ichimoku methodology, the Tenkan often acts as a fast-moving gauge of momentum and, when rising above the slower Kijun, can mark the start of a momentum-led trend attempt. On higher timeframes such as the weekly, participants typically treat those inflections as more consequential than on intraday charts. That said, the same screenshot shows DOGE trading beneath the weekly cloud (Kumo) projected ahead, with Senkou Span B up near the $0.28 area. In textbook terms, signals that occur below the cloud are generally categorized as weaker than signals that occur above it, even when the Tenkan–Kijun cross is bullish. The image also captures the context of the move: after a forceful green candle in mid-July, two red weekly candles followed, leaving price clustered around the Tenkan/Kijun zone. Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors Pressed for a status check a day later, the analyst reiterated that the technical picture had not broken down: “DOGE holding weekly Ichimoku Tenkan and Kijun support so far,” he wrote on July 31. That comment underscores how Ichimoku practitioners often judge trend health by whether price can close above the Kijun on the chosen timeframe and continue to respect the Tenkan on pullbacks. For now, the story is a straightforward one: a bullish Tenkan–Kijun cross on the weekly chart, with price attempting to base at those lines while the cloud overhead still looms as longer-term resistance. As ever with Ichimoku analysis, the coming weekly close relative to the Tenkan and Kijun will be the focal reference for traders tracking whether this early signal can mature into a broader uptrend. At press time, DOGE traded at $0.22. Featured image created with DALL.E, chart from TradingView.com
This might come as a shock. Strategy (MSTR), the world’s largest corporate holder of Bitcoin, is under pressure and options traders are bracing for more downside. The stock has dropped over 14% in the last two weeks, slipping below its 50-day simple moving average, a key technical level watched by many investors. But instead of …
Cryptocurrency adoption in Bolivia is gaining speed, and it’s now getting international support. On Wednesday, Bolivia’s central bank signed a memorandum of understanding with El Salvador to support the growth of cryptoassets in the country. With crypto usage rising fast and access to U.S. dollars tightening, this partnership could redefine how Bolivians interact with money. …
Strong Q2 results from Robinhood and Coinbase's partnership with JPMorgan highlight growing traction for digital assets, they said.
CryptoSlam data showed that the average sale value for NFTs climbed to $113.08, highest in six months.
Circle will bring native USDC and CCTP v2 to Hyperliquid, shifting the DEX from bridged dollars to directly issued USDC with 1:1 cross-chain transfers.
Bitcoin’s price dipped slightly after the Fed held off on rate cuts, but don’t be fooled. Behind the scenes, four major signals are flashing bullish. From historical cycles and global liquidity peaks to altcoin panic and a famous chart heating up, everything hints at one thing, Bitcoin may be gearing up for its final, explosive …
In the last 24 hours, there have been some important developments in the cryptocurrency domain. The SEC has approved multiple regulations, along with reviewing some proposals. Additionally, the SEC made headlines for a shift in crypto ETF policy, which can encourage the approval of various altcoin ETFs. What Happened in the US Crypto Space in …
With robots deployed at Softbank, 7-Eleven Japan and Mitsui Fudosan, the company is introducing a token to decentralize and monetize robotics data using a DePIN model.
The exchange highlighted market turbulence related to the imposing of steeper tariffs by President Trump on trade with the U.S.
JPMorgan Chase and crypto exchange Coinbase have announced a new partnership on Wednesday that marks a pivotal shift in the relationship between traditional finance and digital assets. As the crypto industry experiences a bullish resurgence, fueled by a more favorable regulatory environment in the United States, major financial institutions are reassessing their earlier skepticism toward digital currencies and are now eager to explore the opportunities within this sector. JPMorgan’s Collaboration With Coinbase The recent passage of key legislation—the GENIUS Act, the Digital Asset Market Clarity Act, and anti-Central Bank Digital Currency (CBDC) bills—through Congress has encouraged more banks and firms to consider integrating digital assets into their operations. Related Reading: XRP, Dogecoin, And Shiba Inu Get Major Boost From Gemini Exchange Announcement This renewed interest comes at a time when the cryptocurrency market has reached an impressive valuation of approximately $4 trillion, with expectations for continued growth as regulatory clarity emerges in major markets. Starting in 2026, JPMorgan customers will be able to fund their Coinbase wallets using Chase credit cards, according to Reuters, therefore facilitating easier access to cryptocurrency purchases. The partnership also allows Chase customers to redeem credit card reward points for Circle’s USDC stablecoin. This feature, alongside the ability to link bank accounts directly to Coinbase for funding crypto purchases, reflects the increasing integration of digital assets into everyday financial transactions. Financial Giants Step Into The Crypto Market Stablecoins, which are designed to minimize price volatility, are positioned as essential tools for facilitating seamless transactions in both trading and payments. They are now under a new regulatory framework established by the GENIUS Act, which was signed by President Donald Trump. Market analysts have noted that the adoption of cryptocurrencies is set to accelerate in light of the recent legislative changes. BCA Research highlighted that companies within the crypto ecosystem are well-positioned to benefit from this growth, suggesting that increased adoption will lead to price appreciation for digital assets. Related Reading: BlackRock Staking For Its Spot Ethereum ETF Has Been Acknowledged — But What’s Coming For ETH? Coinbase’s stock, COIN, has responded positively to the partnership news, rising by 6% in Wednesday’s trading session, closing the day at $377 and reflecting a broader trend in the company’s performance. With shares up around 50% this year, Coinbase has achieved a market capitalization of approximately $95 billion, further solidifying its role as a leader in the cryptocurrency space. Reuters highlighted that the crypto exchange’s recent inclusion in the S&P 500 index underscores its growing significance and acceptance in the mainstream financial world. Other financial institutions are also taking steps to engage with the crypto market. Earlier this month, PNC Bank announced its collaboration with Coinbase to offer cryptocurrency trading to its customers, indicating that the interest in digital assets is not limited to JPMorgan alone. Citibank, Morgan Stanley, and Bank of America are among the largest US banks joining this growing trend, in which cryptocurrencies are expected to benefit tremendously. Featured image from DALL-E, chart from TradingView.com
Stable, a new blockchain built for stablecoins, has raised $28 million in seed funding as it bets on USDT as the future of onchain payments.
SharpLink Gaming recently acquired 11,259 ETH for $43.09 million at a price of $3,828 each. This purchase raises their total Ethereum holdings to an impressive 449,276 ETH, valued at approximately $1.73 billion. The move signals strong confidence in Ethereum’s growth potential and highlights SharpLink’s significant presence in the crypto market.