On-chain analytics firm CryptoQuant has highlighted six indicators that could point to growing momentum in the altcoin market. These Altcoin Metrics Are Observing Positive Developments In a new thread on X, CryptoQuant has discussed about how the altcoins have been heating up since Bitcoin’s breakout to the new all-time high (ATH) in mid-July. Related Reading: PENGU Down 11%, But These TA Signals Could Point To Rebound At the forefront of this alt push has been Ethereum, the cryptocurrency second only to Bitcoin in terms of market cap. Since BTC’s high, ETH has broken out above the $3,000 level and has neared $4,000. The coin is still a distance away from its ATH of $4,800, but it’s getting closer. The hype around the cryptocurrency has been accompanied by major buys from Sharplink, the Strategy equivalent of ETH. the firm currently owns around 438,190 tokens of the asset. Since the altcoin rally has begun, BTC has only shown sideways action. A natural consequence of this has been that the number one digital asset has lost market dominance. As is usually the case, the bullish momentum in the market has brought in speculative interest from the investors. From the below chart, it’s apparent that the futures volume associated with Ethereum and the altcoins has seen a strong surge. The combined futures trading volume of the altcoin sector has recently hit the $223.6 billion mark, which is the highest level in five months. While attention has poured into the alts, it has shifted away from BTC. “Altcoins and ETH now make up 83% of total futures volume, with Bitcoin accounting for just 17%,” notes the analytics firm. Earlier in the year, BTC was sitting at a peak futures volume dominance of more than 50%. Most of the 424 futures pairs on cryptocurrency exchange Binance have seen a positive percentage change since BTC’s ATH. The final metric shared by CryptoQuant is the Bitcoin Retail Investor Demand. It measures, as its name suggests, the amount of demand for the asset that exists among the retail cohort. Related Reading: $141,000 Could Be Next Key Bitcoin Resistance If Price Breaks Higher, Report Says Since these holders tend to have relatively small holdings, the indicator uses the transaction volume associated with transfers valued at less than $10,000 as a proxy for the activity among them. As displayed in the above graph, the 30-day change of the Bitcoin Retail Investor Demand has turned positive recently, which suggests small hands are showing interest in the market. The analytics firm describes the trend as a “signal we’ve seen before major rallies on both Bitcoin and Altcoins.” ETH Price At the time of writing, Ethereum is floating around $3,770, up around 2% over the last 24 hours. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
PeckShield estimates that losses from crypto hacks reached $142 million in July, marking a 27.2% increase from the previous month.
Bitcoin's all-time high monthly close despite notable whale movements in July shows its resilience, one analyst told The Block.
Bitcoin (BTC) continues to face resistance just under the $120,000 mark, struggling to build enough momentum for a breakout. Over the past 24 hours, the cryptocurrency has remained in a tight trading range above $118,000, representing a slight decline of nearly 4% from its most recent all-time high. Despite the lack of upward movement, analysts suggest that Bitcoin may be entering a phase of energy consolidation rather than signaling an imminent downturn. According to data from CryptoQuant, two separate market analysts have shared their perspectives on BTC’s current cycle, focusing on long-term valuation metrics and investor activity patterns that could influence the next significant price movement. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle Bitcoin MVRV Ratio Signals Potential Upside Momentum CryptoQuant contributor CoinCare highlighted the role of the Market Value to Realized Value (MVRV) ratio in assessing Bitcoin’s position in its current market cycle. The MVRV ratio measures whether BTC is trading above or below its perceived fair value, with readings below 1 often marking market bottoms and readings above 3.7 typically associated with market peaks. In a recent post titled “The MVRV Indicator is Converging Toward Its 365-Day Moving Average. What Comes Next”, CoinCare explained that Bitcoin’s MVRV is currently at 2.2, gradually moving closer to its 365-day moving average. “Historically, when the MVRV ratio converges toward its long-term average, it tends to rebound and move toward overvalued territory, often accompanying price growth,” the analyst noted. Based on historical patterns, CoinCare expects BTC to continue consolidating before attempting another upward push, potentially retesting overvaluation levels if buying activity strengthens. New Investor Activity Indicates Healthy Late Bull Cycle A separate analysis from another CryptoQuant analyst, AxelAdlerJr, examined Bitcoin’s market structure based on investor dominance metrics. The data showed that new investor dominance currently sits at 30%, significantly below levels that previously indicated overheated market conditions, which reached 64% and 72% during local price peaks in March and December 2024, respectively. According to AxelAdlerJr, the steady increase in activity from new market participants since July 2024 suggests that fresh liquidity is entering the market, supporting ongoing bullish sentiment. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? At the same time, long-term holders are selling moderately, with a coefficient of 0.3, meaning that the supply from coins held for three years or more is being absorbed without triggering sharp market corrections. “This dynamic indicates that while new buyers are active, there is still space before the market reaches euphoric levels, which typically occur when new investor dominance exceeds 60-70%,” the analyst stated. Featured image created with DALL-E, Chart from TradingView
The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine. As journalist Matthew Russell Lee […]
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Though it has weighed in on traditional staking, the US Securities and Exchange Commission has not issued guidance on liquid staking.
Once one of crypto’s loudest critics, Jamie Dimon now says he’s a “believer” in stablecoins as JPMorgan deepens its push into digital assets.
The Algorand Foundation has released a sweeping new roadmap to revive its ecosystem and push blockchain adoption into everyday life. Announced on July 31, the 2025+ roadmap is a strategic pivot meant to reassert Algorand’s relevance in a market increasingly dominated by competitors like Solana and Ethereum. According to CEO Staci Warden, the Foundation is […]
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Robinhood (HOOD), the trading platform that gained notoriety during the meme-stock frenzy, has demonstrated a significant evolution in its business model, according to a recent report by Reuters. The company’s latest earnings reveal a surge in trading volumes across equities, options, and cryptocurrencies, indicating its ability to engage retail investors even amidst market uncertainties like high interest rates and tariff concerns. Robinhood Shows Strong Growth In Options And Equities In its second-quarter (Q2) report, the crypto platform announced transaction-based revenue of $539 million, marking a remarkable 65% increase compared to the previous year. The growth was driven by a 46% rise in options trading and a similar 65% increase in equities. Notably, revenue from cryptocurrency nearly doubled, bolstered by the firm’s recent $200 million acquisition of Bitstamp. Related Reading: Trump-Appointed Group Calls For Easier Crypto Regulations From Federal Authorities CEO Vlad Tenev noted a transformative shift in the company’s stability since its public debut in 2021. He emphasized that the current roadmap is packed with new product offerings, including tokenization and perpetual futures, suggesting a robust strategy to enhance user engagement. He said: In 2021, when we went public, it felt to me like we were much more fragile than today. But now the road map, if you look at things that we expect to deliver in the short-term, medium-term and long-term, is pretty packed. Meme-Stock Mania Resurgence Analysts at Piper Sandler highlighted that the diverse range of products available on the platform has fostered strong retail engagement, with equity and options trading reaching record levels in July. This resurgence in trading activity comes in the wake of a recent wave of meme-stock mania, reminiscent of the trading frenzy that characterized the 2021 bull cycle for the broader industry. Stocks of heavily shorted companies like Krispy Kreme and Kohl’s saw significant surges from retail investors, echoing the earlier excitement surrounding GameStop. Despite fluctuations in trading volumes, CFO Jason Warnick expressed confidence in the platform’s steady customer engagement and high retention rates, suggesting that Robinhood is well-positioned to maintain its growth trajectory. Related Reading: Chainlink Acknowledged By The White House As Key Player In Crypto Infrastructure The crypto market continues to play a pivotal role in Robinhood’s future earnings, with analysts projecting that crypto exchange Bitstamp acquisition will solidify the company’s roadmap in this sector. JPMorgan analysts believe that crypto has historically contributed about 10% to 20% of the trading platform’s revenue, and this figure is expected to rise throughout the year. Robinhood’s stock, HOOD) recently reached record highs beyond $113, pushing the company’s market capitalization close to $94 billion. Following the impressive earnings report, several brokerages have raised their price targets for the stock, with Wall Street maintaining an average “buy” rating. As of this writing, HOOD is valued at $103, recording a 3% drop on Thursday’s trading session. Featured image from DALL-E, chart from TradingView.com
The proposal aims to make Ethereum faster and quantum-resistant, while also reducing the layer-1 blockchain's technical complexity.
The crypto exchange missed revenue estimates for Q2 2025, with transaction volumes falling sharply. Still, steady growth in stablecoin-related income offered some relief.
Solana (SOL) is staging a potential comeback, rebounding 1% to $187.43 after triggering a TD Sequential buy signal at $178. This technical indicator, widely used to identify trend reversals, has sparked renewed bullish sentiment among traders, especially as SOL consolidates above the key $180 level. Related Reading: Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big The 4-hour chart shows diminishing bearish momentum, with candlesticks losing strength—an early sign that sellers are losing control. A green arrow under the final bearish candle, coupled with a black arrow confirmation, adds credibility to the bullish thesis. Solana’s Price action is forming higher lows, suggesting strength is building for a possible breakout toward $188–$190. However, SOL’s bullish narrative is tempered by growing internal tension in the crypto space, especially with growing security concerns. SOL's price records a slight bearish deviation on the daily chart following a rebound from critical support. Source: SOLUSD on Tradingview Ethereum-Based Scams Threaten The Solana Ecosystem Integrity? Community sentiment has turned cautious after warnings from prominent Solana contributor Dean Little. He flagged the risk of Ethereum “grifters” exploiting Solana’s fast and affordable infrastructure for scams, potentially undermining trust and driving away long-term users. This concern isn’t unfounded, Solana has seen its daily active addresses fall by 16% in the past week, with DeFi total value locked (TVL) dipping 8%. Though July was strong, with $9.85B TVL and $82B in DEX volume, signs of cooling engagement have coincided with SOL’s price retracing from its $206 high. Traders Eye Breakout as Sentiment and Technicals Collide Despite the volatility, the TD Sequential buy signal has provided a technical lifeline. SOL is holding the 20-day EMA near $178, a key dynamic support. Retail long positioning has surged, and open interest is rising, suggesting that traders are preparing for a move. Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will Momentum Hold Or Fade? As SOL battles for control above $180, a sustained close above $190 could reignite momentum. Still, with Ethereum-based scams casting a shadow, traders must stay woke. The next few sessions could determine whether Solana’s bullish setup leads to a breakout, or succumbs to broader distrust. Cover image from ChatGPT, SOLUSD chart from Tradingview
The Philippine government has officially launched a blockchain-based system to verify government documents on the Polygon network as part of a broader initiative to modernize public services and improve trust in state-issued records, local media reported on July 31. The new platform, introduced on July 30 by the Department of Budget and Management (DBM), allows […]
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Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing.
ETH might have some more juice to push to $4,700, one analyst said, but strong resistance and seasonal headwinds point to consolidation.
A fresh move by the SEC could clear the path for the first US spot ETFs tracking altcoins like XRP. Traders and investors are watching closely as new rules aim to speed up approvals by late 2025. This change comes just months after in-kind creation and redemption for crypto ETPs won the regulator’s blessing. Related Reading: Don’t Blink: 1,000 XRP Could Be The Best Move You’ve Made—Expert New Listing Standards Open Door According to the recent filing of the US Securities and Exchange Commission, any coin with at least six months of futures trading on a platform such as Coinbase’s derivatives exchange can qualify for an exchange-traded product. The six-month rule replaces a longer review process that could stretch into 240 days. Instead, exchanges can use a 75-day window once they file a rule change. This shift aims to simplify the path for an XRP ETF and similar products. The SEC’s “Listing Standards” for crypto ETPs is out via new exchange filing. BOTTOM LINE: Any coin that has futures tracking it for >6mo on Coinbase’s derivatives exchange would be approved (below is list). It’s about a dozen of the usual suspects, the same ones we had at 85% or… https://t.co/QlzZnta7Yv pic.twitter.com/CmBr8XxAcM — Eric Balchunas (@EricBalchunas) July 30, 2025 Developments around in-kind creation and redemption also matter. Based on reports from crypto lawyer Bill Morgan, this change lets authorized participants create or redeem ETF shares using actual cryptocurrency rather than cash. The revision slashes settlement costs and lines up crypto products with how gold and other commodity ETPs work. Market makers can now back ETFs with real tokens, cutting out extra steps. XRP ETF Odds Climb Bloomberg analyst Eric Balchunas has put the chance of an XRP ETF approval at 85% for September or October 2025. He notes that once the six-month futures threshold hits for assets like XRP, Dogecoin and Solana, the path becomes much clearer. Prediction markets back his view, showing odds near 86% even after procedural delays. Balchunas and his team have tracked every filing and rule tweak. They say these updated listing standards are the last major barrier. With futures already trading for multiple altcoins, issuers need only get the final green light from the SEC. That could happen by early fall, he suggests. Related Reading: XRP Traders Pull Back $2.4B—Brace For Impact Or Buy The Dip? Ripple Lawsuit And Deadlines A key hurdle remains the legal fight between Ripple and the SEC. Based on reports, both sides may drop appeals ahead of an August 15 status report deadline. If that happens, it would remove a major overhang on XRP ETF applications. The SEC has already extended Franklin Templeton’s review through the end of 2025, but this new filing hints those long waits might wrap up sooner. Legal experts like former SEC lawyer Marc Fagel believe a dismissal of appeals would clear one of the last big obstacles. Then only final SEC sign-off would stand between issuers and live trading. Featured image from Meta, chart from TradingView
Strategy (NASDAQ: MSTR/STRC), the largest corporate holder of Bitcoin (BTC), has released its financial results for the second quarter of 2025, which ended on June 30. During the second quarter, Strategy raised more than $10 billion through ATM programs and IPOs. As a result, Strategy increased its Bitcoin holdings to 628,791 coins, which is nearly …
Coinbase’s stock slid 8.4% after hours on July 31 as second-quarter results fell short of Wall Street expectations, before paring some losses into late trading. COIN closed at $377.76 and fell to $346.01 immediately after the release, and later recovered to about $354.77 as of press time. The exchange reported total revenue of $1.5 billion […]
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The announcement comes amid the exchange posting a disappointing second-quarter with shares down more than 6% in post-market trading.
Coinbase stock falls 7% after Q2 earnings miss as revenue drops 26% and the firm adds $222M in Bitcoin.
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The US-based crypto exchange clocked $1.5 billion in revenue, coming in below analysts’ expectations.
Visa, Mastercard, tech firms and banking institutions are all exploring ways of using blockchain technology for payments and settlement.
As Bitcoin (BTC) continues to consolidate slightly below the $120,000 level, the dominance of new investors is steadily rising. However, on-chain data shows that BTC is still far from overheating, suggesting the premier cryptocurrency may have more room to run before a significant correction sets in. Bitcoin May Still Have Some Room To Run According to a CryptoQuant Quicktake post by contributor AxelAdlerJr, new investor dominance in Bitcoin is gradually increasing – currently hovering around 30%, which is only halfway to the historical “overheated” threshold. Related Reading: Bitcoin Overheating Signals Easing – Is A Second-Half Rally Ahead? The analyst shared the following chart, which highlights two past instances – marked in orange – when new investor dominance reached overheated levels and coincided with BTC local price tops. The first instance occurred in March 2024 when the metric hit 64%, and the second in December 2024 when it peaked at 72%. In both cases, BTC experienced a significant pullback, leading to the formation of local bottoms. Notably, as the influx of new liquidity dried up during these phases, long-term holders began actively taking profits. This added further pressure on BTC’s price. Currently, while new investor dominance is trending higher, it remains well below the euphoria zone – typically between 60% and 70% – suggesting more upside potential in BTC’s bullish momentum before exhaustion. Meanwhile, older holders continue to sell moderately. The chart indicates a coefficient of 0.3, showing that the supply of three-year-old BTC is still absorbing fresh demand without sharp disruptions. From a long-term perspective, the market remains balanced, and the risk of large-scale capitulation from veteran wallets appears low. AxelAdlerJr concluded: If the indicator’s growth accelerates and approaches the historical corridor of 0.6-0.7, one should expect intensified profit-taking and, consequently, a correction. For now, the supply/demand structure remains in a healthy late bull cycle phase, when new money is coming in but old players have not yet transitioned to mass selling. Is BTC Price About To Stall? While the data above suggests that Bitcoin still has room to grow, other indicators point to waning momentum. One such signal is the recent decline in the Bitcoin Coinbase Premium Gap, which has broken its long streak of positive values. Related Reading: Bitcoin’s Rally Might Be Running on Fumes, Analyst Warns of August Turning Point Fellow CryptoQuant analyst ArabChain confirmed this development in their analysis. They noted that US investor enthusiasm for BTC appears to be cooling at current price levels. That said, positive macroeconomic factors – such as BTC’s historical correlation with global M2 money supply expansion – could still lead the digital asset to new all-time highs in the near term. At press time, BTC trades at $118,371, up 0.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
REX Shares announced in a July 31 post that its REX-Osprey SOL + Staking ETF (SSK) will make its first monthly distribution on Aug. 1, paying $0.12169 per share and passing through 100% of staking rewards. With 5,075,000 shares outstanding, the inaugural payout totals approximately $618,000. The issuer described the event as the first time […]
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The offering comes just days after closing on the sale of $2.5 billion of STRC preferred shares.
In the first six months of 2025, Tether has had a profit of $5.7 billion, a rise of 9.6% compared to the same period in 2024.
BTC could break down to potential support levels at $112,000 and lower during a likely consolidation phase, the report said.
The company posted total revenue of $1.5 billion, lower than the $1.59 billion that analysts had expected.
Paul Atkins, the current chairman of the United States Securities and Exchange Commission (SEC), has announced a new initiative dubbed Project Crypto. According to Chair Atkins, the Project Crypto initiative is a broad-based program designed to modernize the securities rules and regulations through the use of blockchain technology. The launch of the Project Crypto initiative …
Led by Michael Saylor, the company guided to full year net income of $24 billion, or $80 per share, based on a year-end BTC price outlook of $150,000.