CryptoPunks remained the top NFT collection by market capitalization, with a valuation of $1.8 billion, according to NFT Price Floor.
The latest dominance shift has been headlined by Ethereum's remarkable surge, climbing from $2,500 to $3,500 over roughly 10 days.
Bitcoin continues to trade within a tight range, consolidating above the $115,000 level and just below the key psychological barrier at $120,000. While the price structure remains bullish, market analysts are increasingly divided. Some expect Bitcoin to break higher toward uncharted territory, while others warn of an incoming correction, citing historical patterns and profit-taking behaviors. Related Reading: Ethereum Open Interest Hits Record $50 Billion – Volatility Incoming? Adding weight to the cautionary outlook, new data from CryptoQuant reveals a significant spike in whale activity. The Whale to Exchange Flow monthly average has surged by nearly $17 billion in just four days. This kind of jump historically coincides with either profit realization or increased volatility, as large holders adjust their positions. Although bulls are still in control of the trend, this level of whale inflow to exchanges may introduce short-term selling pressure, especially as Bitcoin hovers near its all-time high. The coming days could prove pivotal, as market participants assess whether this activity marks the beginning of a larger distribution phase or simply a healthy rotation within a bullish uptrend. Whale Inflows Surge, But Daily Trend Suggests Potential Easing Top analyst Darkfost has drawn attention to a critical development in Bitcoin’s market structure. According to his analysis, during the last two major market tops, exchange inflows from large holders surpassed $75 billion—an event that marked the beginning of a sharp correction or an extended consolidation phase. These inflows are a key signal, often indicating that whales are beginning to distribute their holdings after a strong rally. Currently, the data suggests a similar pattern could be unfolding. Between July 14 and July 18, the Whale to Exchange Flow monthly average surged from $28 billion to $45 billion, marking a $17 billion increase in just four days. While the recent 80,000 BTC transfer—linked to the Satoshi-era whale—likely played a role in this jump, it also reflects a broader trend: whales may be capitalizing on the recent all-time high to lock in profits. However, there’s an important nuance. Darkfost notes that while the monthly average has spiked, daily inflow data shows a noticeable decline. This suggests that the selling pressure from whales may be subsiding—at least temporarily. If the trend continues, it could provide the market with room to stabilize and potentially prepare for another leg up. Related Reading: Bitcoin Miner Sales Surge To Highest Level Since April – Details Bitcoin Consolidates Below Resistance Amid Bullish Structure Bitcoin continues to trade within a narrow consolidation range between $115,724 and $122,077, as shown on the 4-hour chart. Despite recent pauses in upward momentum, the broader structure remains bullish. The alignment of the 50, 100, and 200 simple moving averages (SMAs) confirms a healthy uptrend, with all three moving averages sloping upward and supporting the price action from below. The $122K level has proven to be a formidable resistance, rejecting multiple attempts to break higher. Meanwhile, the $115,724 support has remained intact, forming a clear short-term range. Volume has decreased over the last few sessions, which suggests indecision or a lack of conviction from bulls and bears alike. This kind of consolidation often precedes a breakout, especially when aligned with strong trend structure. Related Reading: Chainlink Sees Heavy Accumulation – Whales Add 8M LINK In One Month A decisive move above $122,077 with strong volume would likely confirm the next bullish leg, possibly targeting the $130K zone. Conversely, if bears gain ground and break below the $115,724 support, BTC could test the 100 SMA near $114,800 or even revisit deeper support zones. Until then, traders should closely monitor the volume profile and structure around these levels to anticipate the next breakout or breakdown. Featured image from Dall-E, chart from TradingView
A veteran hacker warns how quantum computing could quietly dismantle the cryptography securing Bitcoin and blockchains.
GameSquare recently purchased $30 million worth of ETH, acquiring approximately 8,351 tokens at an average price of $3,592 per ETH.
DeFi Development Corp. said Monday it raised $19 million through its equity line of credit and purchased 141,383 SOL.
The Indian crypto exchange announced a recovery program of up to 25% for ethical hackers who can help recover the stolen stablecoins.
Ayni Gold is revolutionizing gold investment by tokenizing real mining capacity in Peru. Each $AYNI token is linked to measurable gold extraction and rewards investors in PAXG (a gold-backed stablecoin) through staking. Why Tokenized Gold Mining Is Changing Gold Investment Gold-backed tokens are gaining popularity as investors seek secure, inflation-proof assets. Tokenized gold mining combines …
XRP is making headlines once again as July turned out to be one of its most eventful months this year. From surging new accounts on XRPL to record-breaking TVL (Total Value Locked), XRP’s momentum is catching the eye of both traders and long-term investors. Could this be the start of another major breakout? XRP Network …
The ETH price rallied toward the $4,000 mark at the start of the week, a few hairs away from touching levels not seen since December 2024. Now trading at around $3,800, Ethereum crypto has registered a 30% gain over the past week, jumping from $2,900. This rise is fueling investor enthusiasm around the altcoin’s growing …
BitGo's IPO move could signal increased institutional trust and investment in the crypto sector, potentially driving further market growth.
The post Crypto custody giant BitGo confidentially files for US IPO appeared first on Crypto Briefing.
Hashed Emergent’s Vishal Achanta told Cointelegraph that COINS Act aims to turn India from a “regulatory minefield” into a destination of choice for the crypto community.
The platform will enable users to invest in new projects, similar to the Echo angel investing platform founded by Cobie.
The $44 million exploit targeting India-based crypto exchange CoinDCX has been linked to North Korea’s Lazarus Group, according to blockchain security firm Cyvers. In a July 21 statement shared with CryptoSlate, Cyvers CEO Deddy Lavid said the attackers followed a pattern reminiscent of previous Lazarus operations. The tactics included using cross-chain bridges and Tornado Cash […]
The post CoinDCX offers $11 million bounty after Lazarus Group-linked $44 million heist appeared first on CryptoSlate.
Trump Media and Technology Group Corp, the company behind Truth Social, Truth+, and Truth. Fi, has announced that it has invested about $2 billion in Bitcoin and related securities. This equals to roughly 17,000 BTC at current prices, which marks a bold step in its ongoing Bitcoin treasury strategy. Trump Media Eyes More Crypto Buys …
Story Highlights The live price of Bytecoin is Bytecoin price could reach a maximum of $0.0000600 in 2025. The BCN price with a potential surge, may reach a high of $0.000176 by 2030. The perks of decentralization have been an imperative catalyst behind the growing prominence of cryptocurrencies. The level of security and privacy offered …
The global payment is no longer dependent on old-school methods; the financial institutions are increasingly in favor of faster, more cost-efficient alternatives like the XRP Ledger (XRPL). SWIFT, once the backbone of international banking with over $150 trillion in annual volume, has seen a 15% decline. Ripple’s CEO Brad Garlinghouse predicts XRPL could capture up …
Michael Saylor’s Strategy made a fresh $739.8 million investment in Bitcoin last week, with total holdings now reaching 607,770 BTC.
Story Highlights The price of the Nexo token is . The Nexo price could hit a high of $2.68 in 2025. Nexo price with a potential surge, may reach a high of $10.25 by 2030. Nexo is one of the prominent names in decentralized finance. The company’s growth has been steady and strategic, offering crypto-backed …
Crypto fans, you’ll want to know this! In a bold forecast on CNBC, Tom Lee, co-founder of Fundstrat Global Advisors, has doubled down on his bullish Bitcoin stance. He predicts the leading cryptocurrency could reach $250,000 before the end of 2025. With Bitcoin currently trading at $118,760.61, up nearly 60% from $70,000, Lee believes the …
Chinese blockchain Conflux launched Conflux 3.0 network and unveiled a new offshore yuan-backed stablecoin targeting “Belt and Road” cross-border payments.
The percentage of Bitcoin’s long-term holders’ supply has reached a 15-year high, providing a bullish outlook for the flagship crypto. Asset manager Ark Invest highlighted this development in a recent report and explained what this could mean for BTC going forward. Bitcoin Long-Term Holders Supply Hit 74% According to the Ark Invest report, the long-term holders’ supply has reached 74% of Bitcoin’s total supply, marking a 15-year high for this metric. The asset manager noted that this trend indicates growing market conviction in BTC’s role as a store of value or “digital gold.” These long-term holders refer to addresses that have held for 155 days or longer. Related Reading: Michael Saylor Reveals The Only Thing ‘Better Than Bitcoin’ As MSTR Stock Outperforms This development comes at a time when Bitcoin is witnessing massive demand from institutional investors through the ETFs and treasury companies. These investors are considered better ‘diamond-hands’ than retail investors, which means that this metric could keep rising, with long-term holders gaining more control of BTC’s total supply. This institutional buying has also driven the Bitcoin price to several all-time highs (ATHs) this year, with BTC reaching as high as $123,000 last week. The flagship crypto appears to still be in price discovery, as ETFs led by BlackRock and treasury companies, led by Saylor’s Strategy, continue to accumulate at an unprecedented pace. Cathie Wood’s Ark Invest is ultra bullish on the Bitcoin price, predicting that it could reach $1.5 million by 2030. They expect BTC to reach this target due to the rising institutional investment and global recognition of Bitcoin’s ability to serve as a store of value. In a CNBC interview, Cathie Wood also doubled down on this prediction. She explained that they expect BTC to take a significant share from gold or grow the store of value market. Wood added that institutions are still just testing the waters despite the massive accumulation so far. As such, she still expects a rise in adoption for these companies. Meanwhile, only about 1 million unmined Bitcoins are remaining. Other Bullish Metrics For BTC The Ark Invest report also revealed that global liquidity per bitcoin reached a 12-year high. This metric reached this high with $5.7 million in global M2 supply per BTC in circulation. The asset manager remarked that this ratio could continue to rise given Bitcoin’s diminishing future supply growth and the continued expansion of global liquidity. Related Reading: This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast Meanwhile, in June, Bitcoin managed to hold above the support between $96,000 and $99,000 and is now well above these levels. $98,888, $96,278, and $71,393 are BTC’s short-term holder cost basis, 200-day moving average, and on-chain mean, respectively, which is why this development is bullish for the flagship crypto. At the time of writing, the Bitcoin price is trading at around $19,100, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The ADA price has most recently posted a remarkable 9% intraday gain, climbing to $0.90 and breaking past a significant resistance level at $0.85, which is the highest level since May 12. This resurgence reflects growing bullish momentum as Cardano price regains investor interest. The reclaiming of this level now marks a potential turning point …
Story Highlights The price of the RVN token is . The Ravencoin price could hit a high of $0.0455 in 2025. RVN’s price with a potential surge, may reach a high of $0.168 by 2030. Inspired by Game of Thrones, Ravencoin is named after the ravens that carried important messages in the series. Built as …
Trump Media's significant Bitcoin holdings could enhance financial autonomy, mitigate institutional risks, and support crypto ecosystem growth.
The post Trump Media reports $2 billion in Bitcoin and Bitcoin-linked securities holdings appeared first on Crypto Briefing.
Solana has crossed the $100B market cap again, gaining 6% in the past 24 hours. With capital rotating out of Bitcoin, top altcoins like Ethereum, Dogecoin, and Cardano are also seeing renewed interest. Solana DeFi TVL Hits $10.26B Solana’s DeFi ecosystem is booming, with total value locked (TVL) jumping to $10.26 billion, the highest in …
Pi Network is back in the spotlight, and this time its not just price, this time for its real worlds use case. More than 21,000 apps are now running on its growing platform, big holders are moving huge amounts of Pi, and trading volume has jumped 68% in just one day. All this has many …
The company plans to launch “one of the largest onchain ETH positions of any public entity” by generating ETH-denominated returns through staking and DeFi participation.
The Ether Machine's Nasdaq debut could significantly impact institutional access to Ethereum, potentially reshaping digital finance dynamics.
The post Pantera-backed The Ether Machine set for Nasdaq debut, targets $1.6B raise appeared first on Crypto Briefing.
Ether lost due to bugs and user errors has surged 44% since March 2023, according to Conor Grogan, head of product at Coinbase.