Arthur Hayes is betting big on crypto, predicting Bitcoin will hit $250,000 and Ethereum will reach $10,000 by the end of the year. He links this potential surge to Trump’s wartime economic policies, which he believes will boost credit growth and push more money into crypto markets. Hayes also highlights how stablecoin issuers are buying …
On July 21, U.S. market-making firm Citadel Securities sent a letter to the SEC’s Crypto Task Force. In the letter, Citadel asked the SEC to be careful before making any rule changes related to digital securities or tokenized stocks. The firm warned about several risks and advised the SEC not to allow any special exemptions …
The UK central bank is considering abandoning its digital pound plans as its Governor Andrew Bailey favors private payment innovations over a state-backed CBDC.
As crypto legislation gains momentum, investor focus is shifting from meme coins to tokenized real-world assets (RWAs). Seizing the moment, 21Shares has filed a preliminary application with the U.S. SEC for a spot ONDO ETF, signaling a major step in bridging DeFi with traditional finance. 21Shares Files for Spot ONDO ETF: Here’s What It Means …
The Trump family’s WLFI project is not slowing down, as an associated address added 6,144 ETH today, utilizing $23 million in USDC. Over the past six days, WLFI has accumulated a total of 10,013 ETH, indicating aggressive buying. 更新：还在买！????WLFI 关联地址 0x77a…F94F6 过去 20 分钟累计花费 2300 USDC 买入 6144.97 ETH至此，过去六天三个 WLFI 累计买入的 ETH 总额增长至 10,013.54 枚（约 …
Flare (FLR), the native token of the Flare Network, is gaining bullish momentum, recently breaking past critical resistance levels. After weeks of consolidation, the FLR price has seen a notable surge in buying pressure, igniting interest from both retail and institutional investors. With broader market sentiment turning cautiously optimistic and technical indicators flashing green, analysts …
Recently, social media and news outlets were buzzing with claims that Jerome Powell, the head of the U.S. Federal Reserve, has resigned. The rumor started when Senator Mike Lee posted a letter online that looked like Powell’s resignation. Is this true, or is it another internet rumor? Here’s what we know. Where Did This Claim …
SEC greenlights Bitwise ETF, then halts it hours later — analysts say politics or missing crypto rules could be behind the sudden reversal.
521,000 ETH, worth about $1.9 billion is queued to exit Ethereum, with wait times of about 8–9 days, while the entry queue has surged past 359,500 ETH.
Backed Finance's tokenized U.S. equities product, xStocks, has surpassed $300 million in trading volume within four weeks of launch.
Federal prosecutors say funds from a $97 million oil and gas scam were laundered through shell companies, crypto wallets, and exchanges.
The Pi Network has officially landed a new exchange listing. Swapfone, a fast-growing mobile-focused blockchain and digital asset exchange, has announced that it will list Pi Coin ($PI) with trading to begin at 14:00 UTC on July 22. The new trading pair available is $PI/$USDS. The listing comes with a celebratory airdrop campaign: Swapfone is …
Traders are eyeing breakout signals from resistance at $0.27, which has held firm despite bullish intraday activity.
An analyst has pointed out that XRP has broken out of a Bull Pennant on the weekly chart and may now be setting its sights on this target. XRP Has Surged Above Bull Pennant Recently In a new post on X, analyst Ali Martinez has talked about how XRP has exited above a Bull Pennant recently. The Bull Pennant refers to a technical analysis (TA) pattern that forms when an asset’s price succeeds a sharp upwards move with a period of consolidation between two converging trendlines. Related Reading: Solana Becomes The Talk Of Social Media As Price Hits $200 Bull Pennants are similar to Bull Flags, with the main difference being that flags involve parallel channels instead. Just like in the case of the Bull Flag, the initial uptrend forms the ‘pole,’ but the consolidation channel here is known as the ‘pennant.’ When the price is trading inside the pennant portion of the pattern, it’s likely to face resistance at the upper level and support at the lower one. An escape out of either of these levels might signal a breakout in that direction. Bull Pennants are considered to be continuation patterns, so a breakout may be assumed to be more probable in the bullish direction. That is, the asset can be more likely to surge above the resistance line. Like the Bull Pennant, there is also the Bear Pennant. This TA pattern works much in the same way, except for the fact that the pole is represented by a downwards move and that a bearish breakout is more likely. Now, here is the chart shared by the analyst that shows the pattern that the weekly price of XRP was trading inside until recently: As displayed in the above graph, the weekly price of XRP was earlier witnessing consolidation inside a Bull Pennant, but this month, the asset finally found a break as its price exited out of the pattern in a sharp manner. Usually, Bull Pennant breakouts are considered to be of the same length as the pole. Based on this, the analyst has drawn a potential breakout for the cryptocurrency in the chart. The target that it leads to is $15. Related Reading: Ethereum To $10,000? Analyst Says ETH Has To Break This Level If such a bull run does occur for XRP, then its price would have surged by a whopping 320%. It now remains to be seen whether the Bull Pennant would actually end up holding for the asset. XRP Price The altcoins have taken off recently and XRP has been no exception, as its price has reached the $3.56 mark after a rally of almost 22% over the last week. Featured image from Dall-E, charts from TradingView.com
Binance Coin (BNB) price has officially entered uncharted territory after smashing through its previous all-time high (ATH) and hitting $804. As one of the most prominent altcoins in the crypto space, this breakout has attracted massive interest from traders and analysts alike. Now, with bullish momentum accelerating, all eyes are on the next key levels—namely …
Binance Coin is once again capturing headlines as it makes a dramatic ascent, to claim a new all-time high before. As of now, BNB price is trading at $799.56, still marking a 6.31% gain over the past 24 hours and 16.15% over the last week. With a market cap of $111.36 billion and 24-hour trading …
The U.S. Securities and Exchange Commission (SEC) has approved the conversion of the Bitwise Crypto Index Fund into a full-fledged exchange-traded fund (ETF), marking a significant step for diversified crypto investments. But just as markets began to react, the ETF’s launch was suddenly delayed due to a regulatory stay, leaving investors frustrated and analysts questioning …
Digital asset breaks multi-year technical pattern as Congress advances crypto legislation, though institutional profit-taking emerges in final trading hour.
Developers aim to transform an unused part of the script system into a tool that can verify cryptographic proofs, starting with ‘Groth16’ (a specific type of proof widely used in zk systems) and allowing for future upgrades.
Ethereum's rally and surging ETF inflows are leading its investors to outperform Bitcoin holders, backed by growing institutional interest.
Solana started a fresh increase above the $185 zone. SOL price is now correcting gains and might find bids near the $195 support zone SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar. The price is now trading above $195 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $199 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $205 resistance zone. Solana Price Gains Momentum Solana price started a decent increase after it cleared the $180 resistance, like Bitcoin and Ethereum. SOL climbed above the $185 level to enter a short-term positive zone. The price even smashed the $200 resistance. A high was formed at $207 and the price is now correcting gains. There was a move below the $205 level and toward the 23.6% Fib retracement level of the upward move from the $178 swing low to the $207 high. Solana is now trading above $195 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $199 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $205 level. The next major resistance is near the $208 level. The main resistance could be $215. A successful close above the $215 resistance zone could set the pace for another steady increase. The next key resistance is $232. Any more gains might send the price toward the $245 level. Are Downsides Limited In SOL? If SOL fails to rise above the $208 resistance, it could start another decline. Initial support on the downside is near the $199 zone and the trend line. The first major support is near the $195 level. A break below the $195 level might send the price toward the $192 support zone or the 50% Fib retracement level of the upward move from the $178 swing low to the $207 high. If there is a close below the $192 support, the price could decline toward the $185 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $199 and $192. Major Resistance Levels – $208 and $215.
21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance.
The report seems to suggest a change in stance by South Korea, which was reportedly looking to ease crypto trading.
Bitcoin’s price remains in a zone where it is seeing little upward momentum as it continues to hover below its recent all-time high. After reaching above $123,000 earlier this month, the asset has pulled back slightly, trading at $119,343 at the time of writing. This represents a 2% gain over the past week but still leaves BTC roughly 3% below its recent peak. The muted price action reflects a market that appears to be consolidating amid diverging signals from on-chain indicators and regional demand metrics. Recent analysis from CryptoQuant contributors points to a weakening appetite for Bitcoin in both the US and South Korea, two markets that have historically contributed significant trading volume. A closer look at exchange activity and regional pricing premiums suggests a potential shift in investor behavior, as profit-taking becomes more prominent and traders appear hesitant to buy at current levels. Related Reading: Bitcoin Correlation To Altcoins Is Collapsing: A Warning Sign? Regional Premiums Point to Lower Demand from US and South Korea According to a post by CryptoQuant analyst Arab Chain, the Coinbase Premium Index, which measures the price difference between Bitcoin on Coinbase and other global exchanges, has failed to climb significantly despite BTC reaching record highs in July. The index remained around levels seen in June, suggesting that US investors using Coinbase have not been aggressively buying Bitcoin during the rally. Arab Chain noted that the index’s movement toward negative territory alongside Bitcoin’s price increase may indicate profit-taking among American investors. This implies that some may be anticipating a correction before re-entering the market. Similarly, the Korea Premium Index has declined, signaling reduced demand from retail investors in South Korea. This index reflects the spread between Bitcoin’s price on Korean exchanges and global averages. The negative trend suggests Korean traders have been selling below the global average, with weak buying interest on local platforms. Arab Chain interprets this as retail traders possibly waiting for a discount to reenter the market, indicating caution among individual investors in Asia’s key crypto hub. Exchange Inflows Suggest Rising Sell Pressure Adding to the picture, another CryptoQuant contributor, ShayanMarkets, highlighted a notable development in BTC’s on-chain activity. The latest data reveals Bitcoin has experienced its largest net inflow to exchanges since July 2024. Typically, large inflows signal that holders are preparing to sell, increasing supply on trading platforms and contributing to potential downward price pressure. ShayanMarkets explained that this behavior, especially when occurring near all-time highs, may indicate institutional or fund-driven profit-taking. Such moves often align with efforts to reduce risk exposure during overextended market rallies. Historically, spikes in exchange inflows have been followed by price corrections, making this a trend to monitor closely. Related Reading: Bitcoin Holders Are Taking Profits—But Is the Top Still Far Away? However, the redistribution of capital from Bitcoin into other assets may benefit the broader crypto market. The analyst noted that altcoins could see renewed interest as funds rotate out of BTC. If the trend continues, traders may observe increased volatility and speculative movement across alternative tokens in the short term. Featured image created with DALL-E, Chart from TradingView
Every day, the Ripple vs. SEC case continues to dominate conversations on Crypto Twitter, not because of confirmed updates, but because of a steady stream of rumors, speculations, and fake news. While the actual legal process moves at a careful, measured pace, social media has turned the case into a battleground of predictions and wishful …
XRP price started a fresh increase and traded above the $3.40 zone. The price is now consolidating gains and might aim for a fresh increase above the $3.550 zone. XRP price started a fresh increase above the $3.420 zone. The price is now trading above $3.450 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $3.480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.350 zone. XRP Price Eyes Fresh Increase XRP price started a fresh increase after it settled above the $3.350 level, beating Bitcoin and Ethereum. The price was able to climb above the $3.50 resistance level. The bulls remained in action and the price gained pace for a move above $3.550 barrier. Finally, the price tested the $3.650 zone. A high was formed at $3.660 and the price recently corrected some gains. A low was formed at $3.425 and the price is now consolidating. There was a move above the 50% Fib retracement level of the recent decline from the $3.650 swing high to the $3.425 low. The price is now trading above $3.450 and the 100-hourly Simple Moving Average. There is also a short-term bullish trend line forming with support at $3.480 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.550 level or the 61.8% Fib retracement level of the recent decline from the $3.650 swing high to the $3.425 low. The first major resistance is near the $3.60 level. A clear move above the $3.60 resistance might send the price toward the $3.650 resistance. Any more gains might send the price toward the $3.720 resistance or even $3.80 in the near term. The next major hurdle for the bulls might be near the $4.00 zone. Another Drop? If XRP fails to clear the $3.550 resistance zone, it could start another decline. Initial support on the downside is near the $3.480 level. The next major support is near the $3.420 level. If there is a downside break and a close below the $3.420 level, the price might continue to decline toward the $3.350 support. The next major support sits near the $3.320 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $3.420 and $3.350. Major Resistance Levels – $3.550 and $3.660.
Glassnode lead analyst James Check says in five years’ time Bitcoin will be “well and truly” past the $200,000 price level, but doesn't expect it to surpass that this year.
Grayscale's leadership change amid IPO plans may impact its competitive edge in the evolving crypto ETF market dominated by lower-fee rivals.
The post Grayscale’s ETF chief David LaValle to leave ahead of company’s IPO: Unchained appeared first on Crypto Briefing.
The UK will prohibit its public sector, such as its health service and local councils, from paying ransomware in a bid to “smash the cyber criminal business model.”
XRP continues to ride the momentum of its recent breakout. After shattering its previous all-time highs and climbing above $3.60 in recent weeks, XRP has entered a critical zone where bulls and bears are battling for control. So, what can we expect from XRP in the next 24–48 hours? Current Market Behavior: XRP Holding Strong …