With millions in crypto flowing into US elections, governments worldwide face pressure to regulate digital campaign contributions.
The regulator will rule on the request by the issuer on September 8.
Citi’s CEO revealed this week that the multinational bank is considering developing a stablecoin for cross-border payments.
Pakistan and El Salvador have formalized diplomatic relations for the first time, anchoring the partnership on crypto collaboration and digital asset development, according to a July 16 announcement. The presser followed a meeting in San Salvador between Bilal Bin Saqib, special assistant to Pakistan’s prime minister on crypto and blockchain, and El Salvador’s President Nayib […]
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Bitcoin Dominance (BTC.D) has hit a critical turning point after getting sharply rejected from a TSDT resistance level that previously marked the start of a massive altcoin season. As the market reacts to this technical signal, analysts are closely watching for signs that a new altcoin season could be underway—one that could potentially mirror the explosive shift seen in 2021. Bitcoin Dominance Chart Signals Repeat Of 2021 Altcoin Season A new crypto analysis by market expert Tony Severino, posted on X social media on July 15, reveals that Bitcoin Dominance has once again faced a sharp rejection from the crucial TSDT resistance area near 65%. This level represents a technical ceiling that previously triggered a complete rotation of capital from BTC to alternative cryptocurrencies, fueling the famous altcoin season in early 2021. Related Reading: Bitcoin Dominance Falls: 9 Factors To Watch For That Says The Altcoin Season Has Begun The analyst’s monthly chart shows Bitcoin Dominance steadily climbing from mid-2022, peaking at around 65% in July 2025 before being rejected. This behavior mirrors the price action observed in late 2020 to early 2021, when BTC.D also reached this zone, got rejected, and then plunged—triggering a full-blown altcoin rally. Currently, Severino’s chart shows that Bitcoin Dominance sits at approximately 64.07%, just under the TDST resistance at 63.83%, with a notable candle forming after a strong uptrend. The analyst has indicated that if history repeats itself in this current cycle, it may result in a similar capital inflow into altcoins, possibly igniting the next altseason. Furthermore, the chart outlines key technical thresholds, including the TDST resistance, a TDST risk around 57.11%, and TDST support down at 40.08%. A decline toward these lower levels would indicate a significant drop in BTC dominance and further reinforce a pro-altcoin environment. Altcoin Supercycle Incoming Crypto analyst Merlijn The Trader has also shared insight on the possibility of an explosive altcoin season this bull cycle. The analyst stated on X that a historical pattern between the US Dollar Index (DXY) and Bitcoin Dominance appears to be repeating, signaling the beginning of a new altcoin supercycle. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? According to his chart, three major DXY bull traps have been identified since 2016, each followed by a dramatic decline in BTC.D and a strong rally in the altcoin market. The first two DXY bull traps, which occurred around 2017 and 2020, both triggered significant breakdowns in BTC.D—plunging from over 90% to around 35% in 2018, and again in 2021. These breakdowns marked the start of powerful runs, now recognized by the analyst as altcoin supercycles. The current market structure now suggests that the next leg lower could be imminent, with BTC.D beginning to trend downward again. If history repeats itself, this setup implies a weakening dollar, declining Bitcoin Dominance, and the potential for altcoins to outperform significantly in the coming months. Featured image from Pixabay, chart from Tradingview.com
Base cuts block time to 200ms with Flashblocks, rebrands wallet as Base app, and launches tools to reach 1 million developers.
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Bitcoin shows its first major bearish signal in weeks, yet strong dip-buying and key support levels keep the bullish outlook intact.
The $100M acquisition brings Coin Metrics’ data, indexes and onchain analytics into Talos’s growing platform for institutional investors.
The legislative impasse highlights deepening partisan divides, potentially stalling crucial crypto regulation and impacting market stability.
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Roger Ver sues Spain to block US extradition, claiming rights violations over $48M crypto tax case linked to 2014 expatriation.
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Lynch joined his Democratic colleagues in denouncing cryptocurrencies and calling for a central bank digital currency (CBDC).
The United States government ostensibly holds 28,988 Bitcoin (BTC) units from the previously presumed reserves of around 200k coins. According to a report from the U.S. Marshals Service, the government has silently offloaded its Bitcoin stash without leaving an on-chain footprint for the public to consider. The move has prompted huge criticism from the pro-Bitcoin …
US Attorneys continued hearing from witnesses in their case against the Tornado Cash co-founder and filed a motion to block testimony on crypto-related kidnappings and torture.
Institutional investor demand for Solana-based staking options could set a fire under SOL price.
The on-chain analytics firm Glassnode has pointed out how $136,000 could be the next price level of importance for Bitcoin, if current momentum continues. This Bitcoin Short-Term Holder Cost Basis Level Is Situated At $136,000 In a new thread on X, Glassnode has discussed what a few different on-chain indicators suggest regarding where Bitcoin is in the current cycle. The first metric shared by the analytics firm is the Short-Term Holder (STH) Cost Basis, which measures the average acquisition price of the investors who purchased their coins within the past 155 days. Related Reading: Bitcoin Falls Below $117,000 Amid $3.5 Billion Profit-Taking Frenzy Below is a chart showing the trend in this metric over the last couple of years. As displayed in the graph, the Bitcoin price broke above the STH Cost Basis earlier in the year and has since remained above the line, indicating the STHs as a whole have been in a state of net profit. In the same chart, the analytics firm has also marked a few other levels, each corresponding to a specific standard deviation (SD) from the STH Cost Basis. With the recent price surge to a new all-time high (ATH) above $123,000, BTC was able to breach the +1 SD level, which has historically corresponded to heated market conditions. After the pullback, though, the coin has returned below the mark, but still remains close to it. “If this momentum continues, the next key level is $136k (2 +std), a zone that has historically marked elevated profit-taking and local market peaks,” explains Glassnode. While Bitcoin is still not overheated from the perspective of the STH Cost Basis model, other indicators paint a different picture. The STH Supply In Profit, an indicator tracking the percentage of the cohort’s supply that’s sitting on some gain, has recently surged far above the 88% threshold that has separated high-risk euphoric phases. Another metric, measuring the percentage of STH volume that’s leading to profit realization, also similarly saw a jump significantly above the historical overheated cutoff of 62%. “Such spikes often occur multiple times in bull markets, but repeated signals at these levels typically precede local tops and warrant caution,” notes the analytics firm. During this spike of profit-taking, the ratio between the profit and loss being realized by the Bitcoin STHs spiked to a 7-day exponential moving average (EMA) value of 39.8. This is a value that’s, once again, extreme by historical standards. That said, spikes like this have generally occurred multiple times over the course of a cycle, before a top is finally attained. Related Reading: Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame? “Historically, cycle tops follow with a lag, leaving room for further upside,” says Glassnode. “However, risk is elevated and the market becomes increasingly sensitive to external shocks. The current pullback aligns with this pattern.” BTC Price At the time of writing, Bitcoin is floating around $118,800, up more than 8% in the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Roger Ver has sued Spain in the European Court of Human Rights to block his extradition to the US, arguing that tax evasion charges against him are politically motivated.
The new ETF claims to provide protection against losses greater 20%, relying on the structure of underlying ETFs that the new fund would invest in.
A FOIA request reveals the US government holds near 29K BTC worth $3.3B, much less than the widely assumed 200K stash.
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Bitcoin bulls are making a run at $120,000 again, but most traders are wondering what it takes to get to $150,000.
World Liberty Financial (WLFI) token holders approved a governance proposal to make the WLFI token tradable, allowing the project to begin enabling transfers and secondary market access. Token holders cast overwhelmingly affirmative ballots before the July 16 close, with 11.1 billion tokens voting “Yes,” equivalent to 99.94%. World Liberty posted the “Make $WLFI Token Tradable” […]
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ARKB had $6.2 million in outflows as Bitcoin ETFs overall added $403 million, marking nine straight days of inflows across the sector.
US House bill H.R.4374 would require lenders to consider crypto balances in mortgage underwriting, expanding cryptos role in finance.
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US President Donald Trump reportedly pressured Republicans who voted against a procedural vote to consider three crypto bills on Tuesday, but his memecoin could complicate the debate.
Ripple Labs-backed XRP gained 5 percent in the past 24 hours to trade above $3.04 on Wednesday, July 16, during the mid-North American trading session. The large-cap altcoin, with a fully diluted valuation of about $304 billion, reached the highest level in 24 weeks, thus flipping Tether (USDT) as the third-largest crypto asset. As a …
Bitcoin spent about nine months stuck below $110 K before finally pushing past that ceiling this month. The move up to $123,000 shows real buying power. According to EliteOptionsTrader, a crypto expert, many investors see this as the start of something bigger. Related Reading: Avalanche Shatters Record With 20M Transactions—Is Real-World Use Finally Here? Key Catalysts Driving The Surge Based on examination by EliteOptionsTrader, one of the biggest factors is the potential approval of a spot Ethereum ETF. Bitcoin’s own ETFs have pulled in billions from major institutions, and a greenlight for Ethereum could send more money into crypto overall, lifting Bitcoin further. The US election is now behind us, and talk of Federal Reserve rate cuts in late 2025 is fueling bets on a weaker dollar. Many traders view Bitcoin as a shield against political or economic swings. At the same time, hedge funds, sovereign wealth funds, and pension plans hold only small slices of Bitcoin so far. If they decide to jump in, that could push prices even higher. Bitcoin’s Road to $250K in 2025? ????$BTC has been consolidating under 110k for the last 9 months and finally broke out this month. As of now we already test 120k and looks like we are in route to testing 150k in the coming weeks. One thing to note, after something bases for such… pic.twitter.com/GGUrcUcp0D — EliteOptionsTrader (@EliteOptions2) July 15, 2025 Long Base Could Support Further Gains Bitcoin’s lengthy base under $110K sets a solid foundation. Breakouts after long periods of sideways action often lead to steep rallies. Still, it’s normal for prices to dip back toward the breakout zone. A pullback to around $115K–$118K could happen before any major surge. Traders will be watching support at $118K and resistance near $125K. Brewing Institutional FOMO Even after the rally, big players have only dipped their toes in. EliteOptionsTrader notes that a major allocation wave—from a large pension fund or insurance giant—could trigger fresh price discovery. And let’s not forget the April 2024 halving, which cut Bitcoin’s daily issuance by half. That supply shock often takes several months to show its full effect, but we’re seeing demand tick up already. Even with a strong start, the path up isn’t without hazards. Sharp corrections of 10%–20% are part of crypto’s genes. Any surprise rules from major markets could stall this run. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says On Cautious Optimism And Targets If Bitcoin can clear $127K, the odds of a parabolic move rise sharply. Based on analysis by EliteOptionsTrader, a test of $150K in the next few weeks looks within reach. That said, aiming for $250K by year end will require all these factors to line up without a single major setback. Bitcoin’s latest breakout feels exciting, but traders should keep a close eye on how it handles new support levels. Riding the trend can pay off, yet managing risk is just as important as spotting the next high. Featured image from Meta, chart from TradingView
Bank of America is taking early steps to explore stablecoins as a way to modernize its payment systems and handle trillions of dollars in client transactions more efficiently, the lender’s CEO, Brian Moynihan, said during the bank’s second-quarter earnings call on July 15. Moynihan emphasized that the firm’s current focus is on using stablecoins “as […]
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Tornado Cash developer Roman Storm told one victim’s lawyer that he couldn’t do anything to retrieve the funds given the decentralized nature of the protocol.
The White House is tightening the screws on Jerome Powell, the chairman of the Federal Reserve.
Holders voted 99% in favor of enabling transfers and exchange listings for WLFI, which has been locked-up since last year's $590 million presale.
Bitcoin’s (BTC) move into new all-time highs leaves statistical room for it to reach $130,000 before historical demand exhaustion zones, according to a July 16 report by Glassnode. Bitcoin broke out of a multi-week range of $100,000 to $110,000 and printed a new high near $122,000, clearing dense cost-basis clusters where buyers had concentrated between […]
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