Bitcoin price is holding the $117,250 support zone. BTC is consolidating and must clear the $118,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a downside correction below the $118,500 zone. The price is trading near $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,500 resistance zone. Bitcoin Price Eyes Upside Break Bitcoin price started a fresh increase above the $117,000 zone. BTC climbed above the $117,500 and $118,800 resistance levels to move into a positive zone. The bulls were able to push the price above the $119,250 resistance. A high was formed at $119,795 and the pair is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $114,733 swing low to the $119,795 high. Bitcoin is now trading near $118,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $118,200 level. There is also a bearish trend line forming with resistance at $118,200 on the hourly chart of the BTC/USD pair. The first key resistance is near the $119,200 level. The next resistance could be $120,500. A close above the $120,500 resistance might send the price further higher. In the stated case, the price could rise and test the $122,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. More Losses In BTC? If Bitcoin fails to rise above the $118,500 resistance zone, it could start another decline. Immediate support is near the $117,250 level or the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,795 high. The first major support is near the $116,600 level. The next support is now near the $115,550 zone. Any more losses might send the price toward the $114,600 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $117,250, followed by $116,600. Major Resistance Levels – $118,500 and $120,500.
Increased Bitcoin exchange activity may heighten market volatility, influencing investor sentiment and potential regulatory scrutiny.
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Bitcoin (BTC) surged 28% in July, reaching highs near $123,200, fueled by growing institutional adoption and strategic accumulation. Tokyo-listed Metaplanet led the charge, purchasing 780 BTC worth $93 million, bringing its total holdings to 17,132 BTC valued at $1.7 billion. The firm aims to acquire 1% of Bitcoin’s total supply, 210,000 BTC, by 2027, signaling aggressive long-term confidence. Related Reading: Bitcoin Short Squeeze Incoming As Market Makers Set Trap To Go Above $123,000 Despite Bitcoin’s rally, Metaplanet’s stock fell 40% year-to-date due to valuation concerns and investor profit-taking. Nonetheless, this divergence reflects a broader shift, with Japanese firms increasingly adopting Bitcoin as a reserve asset. Analysts suggest that Metaplanet’s strategy could shape institutional treasury models in volatile macroeconomic conditions. Bitcoin's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview $111,500: Bitcoin’s New Strategic Buy Zone Technical analysts now view the $111,500 level as a key support zone, marking a significant resistance-turned-support flip. Markus Thielen of Matrixport highlights this level as a strategic entry point for investors. A confirmed bounce could propel BTC toward a breakout above $120,000, pushing a bullish momentum. Consequently, traders are advised to watch for strong volume confirmation around $111K, employing staggered entries and tight stop-losses. While dips below $112K may present buying opportunities, a sustained decline would require reassessment of risk. The level’s psychological significance aligns with historical resistance flips that often precede long-term rallies. Altcoin-Focused Funds Suffer as BTC Dominates While Bitcoin thrives, altcoin-heavy liquid crypto funds have seen dramatic losses. Asymmetric Capital’s Liquid Alpha Fund collapsed by 78% despite Bitcoin’s gains, due to overexposure to speculative altcoins and excessive leverage. Institutional capital is now favoring utility-driven, revenue-generating projects over memecoins. Experts like Rajiv Patel-O’Connor emphasize that future crypto investments must meet stricter criteria; liquidity, transparency, and token utility. Related Reading: Want Bitcoin Or Ether Exposure? Advisors Are Quietly Using Treasury Stocks—CEO As Bitcoin continues to cement its role as a digital reserve asset, the market is clearly pivoting toward sustainable fundamentals. Bottom Line Bitcoin’s rally, especially with the institutional momentum and technical bullish signals, marks a pivotal moment for crypto markets. The $111,500 zone could be a rare opportunity for savvy investors seeking structured entry amid broader altcoin turmoil. Cover image from ChatGPT, BTCUSD chart from Tradingview
ETH price corrected at the weekly open, but futures data pinpoints the possibility of a breakout to $5,000.
The Bitcoin Stablecoin Supply Ratio (SSR) points at thinning liquidity in the sector, potentially explaining the consolidation in the asset’s price. Bitcoin SSR Rose Alongside The Earlier Price Surge As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin SSR has witnessed an increase recently. The “SSR” here refers to an indicator that measures the ratio between the market cap of Bitcoin and that of the stablecoins. Related Reading: Bitcoin Open Interest Sets New Record As Price Plunges To $115,000 Stablecoins are cryptocurrencies that peg themselves to the price of a fiat currency, with USD-based tokens being the most popular. Investors generally use stables when they want to escape the volatility associated with other digital assets like Bitcoin. Many holders who keep their capital stashed away in stablecoins, however, eventually plan to re-invest into volatile coins. As such, some view the supply of these cryptocurrencies as a measure of the ‘dry powder‘ available in the sector for BTC and other assets. Since the SSR compares the market cap of Bitcoin against this dry powder, it tells us about which part of the sector investor capital is dominating right now. When the metric goes up, it means that capital is transferring from stablecoins to BTC or if both are receiving inflows, that the latter is just seeing more of them. In either case, relative dry powder is going down. Similarly, the metric registering a decline implies capital is shifting towards stables. Such a trend can be a sign that investors have more purchasing power relative to BTC’s market cap. Now, here is a chart that shows the trend in the Bitcoin SSR over the last few months: As displayed in the above graph, the Bitcoin SSR tracked the earlier BTC price surge almost 1:1, indicating that the increase in the asset’s market cap outpaced any rise in stablecoin liquidity. Since the peak in the cryptocurrency’s price, the indicator has declined a bit, but its value still remains at a significant level of 18.8. This means that the asset’s total value is currently 18.8 times the supply of the stablecoins. “This indicates a temporary saturation in the market unless we see additional stablecoins entering,” notes the quant. The recent high values in the Bitcoin SSR may at least be in part behind the consolidation that the cryptocurrency has been facing. Related Reading: This Bitcoin Metric Often Flags Turning Points—What’s It Saying Now? It now remains to be seen where the metric would go next. A drop in its value would naturally suggest stablecoins are witnessing inflows, which could potentially set up the next leg in the BTC rally. BTC Price Bitcoin briefly declined below $115,000 on Friday, but the coin has since bounced back as its price is now trading around $118,800. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Hedge fund manager Ray Dalio suggests investors put 15% into store-of-value assets amid America’s debt crisis.
The Pentagon has tapped Swiss firm Auterion to supply 33,000 AI-guided drone “strike kits” to Ukraine as the battlefield continues to evolve.
Based on community chatter, August 15, 2025 might bring a crucial turn for Ripple and its XRP Ledger. July’s rally saw XRP jump over 20%, and now investors are bracing for moves tied to a court deadline, a major summit and the rollout of a new stablecoin. All eyes are on mid‑August as the market waits to see if talk turns into action. Related Reading: Memecoins, NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’ Legal Appeal Deadline According to court filings, Ripple and the US Securities and Exchange Commission must submit a joint status update by August 15 about their appeal of Judge Torres’s 2023 ruling on XRP’s programmatic sales. That decision, which said XRP is not a security in those sales, came after years of back‑and‑forth. The 54th anniversary of the US ending the gold standard also falls on the same date. Some in the XRP community say the timing could speed up a final settlement if both sides choose to drop appeals instead of pushing on. ???? Why August 15, 2025 Could Be a Turning Point for Ripple, XRP, and the Future of Finance From the SEC lawsuit to global monetary resets, too many timelines converge on this one date. Let’s break down what might be coming… and what Ripple could be preparing for ???? pic.twitter.com/Vyhmw1v7c8 — RippleXity (@RippleXity) July 27, 2025 Global Summit Dates Based on reports, the so‑called BRICS Road Rally is set for August 9–15, 2025 in Kazan, Russia. The summit agenda is said to include talks on a shared digital currency and new payment rails. With five major emerging economies pushing hard to reduce their reliance on the dollar, some see a link between those discussions and Ripple’s tech. Ripple already works with central banks on tokenized asset projects, and XRPL could slot into a future BRICS payment system as a bridge currency. Ripple’s own timeline is packed. By mid‑August, the company hopes to secure a national trust charter, giving it the same kind of banking access that big banks enjoy. 2/ ⚖️ The SEC Lawsuit, A Deliberate Delay? Ripple vs SEC began in December 2020. • July 2023: Judge Torres rules XRP is not a security in programmatic sales • 2024–25: SEC delays full resolution via appeals and procedural stalling • Ripple pushes ahead with RLUSD, banking… pic.twitter.com/EbbcIANfDM — RippleXity (@RippleXity) July 27, 2025 Stablecoin And Banking Moves If it wins that green light, its RLUSD stablecoin could run directly on US banking rails. That would let money move in minutes rather than days. Ripple also aims to expand payment corridors in over 50 countries and to support tokenized assets like real estate and treasuries on XRPL. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The Old Cycle, According To Expert According to Ripple’s own updates, RLUSD launched in October 2024 and now has about $470 million in circulation. The company has said it wants Fed master account access for its reserve funds. Getting the charter could take months of regulatory review, but a win would fast‑track RLUSD integration with US banks. That would be a big step toward making XRP and its ledger a core part of how money moves across borders. Featured image from Meta, chart from TradingView
ETF inflows collapse while leverage stays high. With altcoin appetite uncertain, market observers say ETH may decide if markets rebound or cool further.
Coinbase's potential acquisition of CoinDCX could significantly enhance its presence in India's crypto market, influencing regional dynamics.
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Yesterday, Bitcoin (BTC) once again faced rejection around the $120,000 resistance level after briefly reaching a high of $119,760. At the time of writing, the top cryptocurrency is trading slightly lower at $118,900. However, a sharp increase in whale inflows to Binance threatens to trigger further downside pressure for the digital asset. Binance Whales Ramp Up Bitcoin Deposits According to a recent CryptoQuant Quicktake post by contributor BorisVest, Bitcoin whale activity on Binance has increased significantly in recent days. In particular, the Binance Whale Inflow metric recorded a notable spike on July 25, signalling rising institutional participation in exchange deposits. Related Reading: Bitcoin Flow Pulse Breaks From 2017, 2021 Patterns – What It Means For The Rally On that day alone, the 30-day cumulative inflow to Binance surged by $1.2 billion, fuelling short-term selling pressure across the market. Data from CoinGlass shows that between July 24 and July 25, roughly $141 million worth of BTC long positions were liquidated as a result. It’s worth noting that alongside this spike in whale deposits, retail investors have also been moving their holdings to exchanges. However, their participation remains relatively low in comparison, hinting that recent selling pressure is predominantly whale-driven. The following chart illustrates that while retail inflows have been trending upward for weeks, the sudden increase in whale deposits has introduced additional fragility into Bitcoin’s price structure. The surge in Binance whale inflows came just before Bitcoin was rejected at the critical $120,000 level. Following this rejection, BTC retraced to the $115,000–$116,000 range, which is now acting as short-term support. The analyst noted: This area is now acting as a short-term support zone. If it fails to hold, a move toward the $110K level becomes increasingly likely. On the other hand, if Bitcoin can bounce strongly from this region, there is still potential to retest $121K and even attempt a new all-time high. BorisVest concluded that BTC’s near-term price trajectory will be determined by how well the market absorbs whale sell-off. Meanwhile, fellow crypto analyst Titan of Crypto remarked that if BTC decisively breaks through the $119,900 level, then it could eye new all-time highs (ATH). What Else Does Exchange Data Suggest? Whale inflows aren’t the only factor spooking investors. BTC reserves on centralized exchanges also recently reached a one-month high, suggesting that some holders may be anticipating a temporary pullback or consolidation phase before resuming the uptrend. Related Reading: Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says That said, Binance’s share of BTC spot trading volume recently saw a sharp rise, suggesting that a rally may be on the horizon for the world’s leading cryptocurrency. At press time, BTC trades at $118,926, up 0.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Z.ai’s new open-source models rank third globally, as the firm eyes a Hong Kong IPO and navigates around U.S. export controls.
Interactive Brokers joins a number of traditional finance institutions who are considering entering the stablecoin space, including JPMorgan Chase and Citigroup.
The SEC delayed decisions on the Truth Social Bitcoin ETF and Grayscale’s Solana Trust, extending review periods as the US Congress moves with crypto regulation.
Spot Ethereum (ETH) exchange-traded funds (ETFs) are close to breaking the $10 billion mark in inflows this month, as BlackRock’s ETHA makes its way to the spot of fourth-largest ETF by inflows in the last 30 days. According to Farside Investors’ data, spot Ethereum ETFs accumulated $9.3 billion in inflows as of July 25. This […]
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ETH treasury buying and consistent spot ETF inflows have not been sufficient enough to send Ether price above $4,000. Is a correction incoming?
The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking.
Data center Hyperscale Data announced that it has begun purchasing XRP as part of a previously stated plan to acquire up to $10 million of the token, with the company’s shares jumping up to 12% amid the announcement. The company stated in a July 28 announcement that the reports will summarize digital asset activity from […]
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Ethereum (ETH) is once again at the center of investor attention, pulling in a staggering $1.59 billion in inflows over the past week. This marks the second-largest weekly inflow in Ethereum’s history, amid growing optimism that U.S. regulators will soon approve a spot Ethereum ETF. Overall, digital asset investment products attracted $1.9 billion, marking 15 consecutive weeks of positive flows. Related Reading: Asia’s Bitcoin Giant Metaplanet Adds 780 BTC In Massive Crypto Bet This surge in capital has pushed Ethereum’s price up 62% this month to $3,900, positioning it just below the critical $4,000 breakout level. Ethereum price trends to the upside on the daily chart, following a multi month downtrend. Source: ETHUSD on Tradingview Meanwhile, Bitcoin ETPs faced $175 million in outflows, signaling a capital rotation from BTC to ETH and other altcoins. Analysts point to the passage of the Genius and Clarity Acts in the U.S. as key drivers of this trend, enhancing regulatory clarity for altcoin investment vehicles. BlackRock and SharpLink Boost Ethereum Exposure Institutional investors are doubling down. BlackRock’s iShares Ethereum ETF (ETHA) surged past $10 billion in AUM, becoming the third-fastest-growing ETF globally, while the firm raised its ETH holdings to $10.47 billion, with 100% of its crypto exposure now allocated to Ethereum. Simultaneously, Nasdaq-listed SharpLink Gaming purchased 77,210 ETH worth approximately $295 million, raising its total ETH treasury to over 438,000 ETH. This single purchase surpassed the network’s entire 30-day ETH issuance, underscoring the aggressive accumulation trend among institutions. Technical Indicators and Risks Remain Ethereum’s rally is further supported by bullish technical signals. A “golden cross” pattern emerged, and the MACD shows strong upward momentum, despite an overbought RSI reading of 82.07, a level often associated with potential price pullbacks. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? Solana and XRP also saw inflows of $311 million and $189 million, respectively, while Litecoin and Bitcoin Cash experienced minor outflows. Meanwhile, Ethereum’s on-chain activity surged 288%, reinforcing confidence in the network’s role as the leading smart contract and DeFi platform. As regulatory momentum builds and ETF approval appears within reach, Ethereum’s dominance in institutional portfolios signals a pivotal moment for altcoin adoption—though short-term volatility remains a factor to watch. Cover image from ChatGPT, ETHUSD chart from Tradingview
Bakkt's public offering could boost institutional Bitcoin adoption, influencing market dynamics and potentially increasing crypto legitimacy.
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The demand for top-tier altcoins – led by Ethereum (ETH), BNB, and Sui (SUI) – as corporates’ treasury management tools has surged in the recent past. Earlier on Monday, July 28, two publicly traded companies announced a strategic fund raise to invest in BNB and SUI coins. Sui as a Treasury Asset Mill City Ventures …
A fast‑moving fight over mining power consumed Monero’s weekend after Sergey Ivancheglo used X to promote an “economic” campaign to dominate the network’s hashrate, which was met by community resistance. The fight escalated after Ivancheglo, the figure behind Qubic and better known as Come‑from‑Beyond (CFB), confirmed the takeover intentions with an incentive-driven 51% attack. As […]
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The technology firm sold its loyalty business for $11 million and announced a public share offering to fund bitcoin purchases.
Brian Quintenz, Trump's CFTC nominee, has been delayed twice in the vote at the committee that would send his confirmation to the Senate floor.
The SEC extended review of Grayscales Solana ETF to October 10 as Invesco Galaxy files a competing Solana ETF proposal.
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The XRP price broke out of an almost seven-year downtrend in 2024 and is now trading above $3, sparking renewed optimism across the market. With its steadily growing price, crypto analyst JackTheRippler claims that XRP is unlikely to face any major pullback like in the past, believing that the altcoin has entered a new bullish phase—and the “train has left the station.” XRP Unlikely To Revisit Previous Lows In a bold assertion that challenges typical post-rally pullback expectations, JackTheRippler has doubled down on his earlier outlook for XRP, claiming that a dramatic price retracement is no longer on the table. According to a price chart shared via X social media alongside his analysis, XRP has successfully broken out of a multi-month descending triangle pattern and surged beyond key resistance levels, skyrocketing above $3.6 before consolidating around $3.19. Related Reading: Crypto Analyst Warns XRP Investors Amid Market Retrace The chart reveals that XRP maintained strong horizontal support near the $1.77 region for several months, forming the base of the triangle. Despite multiple attempts to breach this level during its consolidation phase, the token held firm. The recent breakout in late July above $3.6 marked a significant shift in XRP’s structure, invalidating the downward trendline that had capped price action since December 2024. In his post, JackTheRippler emphasized that, unlike in previous cycles, XRP is unlikely to return to earlier lows. The analyst declared that “the train has left the station,” implying that the window to buy at significantly lower levels has decisively closed due to a price floor increase. With XRP now trading above $3.3, the main question is whether this level will establish itself as firm support and potentially propel it to new levels. Based on the cryptocurrency’s current technical setup and JackTheRipple’s confident projection, the path forward for XRP suggests continued upward momentum rather than a reversal. Analyst Unveils XRP Next Bullish Targets A recent chart analysis shared by crypto analyst Dark Defender suggests that XRP’s long-standing cooling period may be finally coming to an end. According to the pattern highlighted on the chart, the cryptocurrency appears to be mirroring its 2017 setup—a formation that led to an explosive breakout. Related Reading: XRP Price Forms Double Top, This Structure Says A Crash Is Coming With XRP now consolidating above $3.3, Dark Defender argues that this phase resembles a stabilization period that preceded the previous bull run, marked by a breakout from a descending wedge and rapid vertical gains. Based on the Elliott Wave Theory, the analyst has set XRP’s next bullish targets for $13.13, $18.22, and $36.76. According to Dark Defender, the cryptocurrency’s price surge observed in June and July confirms its breakout structure, positioning August as a potentially explosive month for the asset. Chart comparisons between the 2017 and 2025 cycles highlight striking similarities, each featuring a sharp rally, a descending consolidation, and a breakout that historically led to parabolic gains. Featured image from Getty Images, chart from Tradingview.com
NBA Top Shot collectibles are now available via Japanese vending machines, expanding their reach into the real world.
Interactive Brokers is considering launching a stablecoin for customers, a move that would add one of the world’s largest discount brokerages to the list of firms using crypto, Reuters reported on July 28. Founder Thomas Peterffy said in an interview with the newswire that the company is “working on potentially issuing stablecoins.” However, a final […]
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PayPal is rolling out a new crypto payment tool that will allow US merchants to receive payments with more than 100 cryptocurrencies.
Bitcoin (BTC) rebounded from a local low near $114,800, closing last week about 2.1% higher at $119,580 and turning the range floor into tentative support, according to Bitfinex Alpha’s July 28 report. The recovery has stabilized spot prices, but derivatives data suggest a more fragile backdrop as leverage rebuilds across major and altcoins. Leverage runs […]
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