Bitcoin (BTC) continues to trade within a narrow price range, showing limited upward movement over the past week. At the time of writing, the leading cryptocurrency is priced around $117,719, representing a 1% decline in the past 24 hours and a 4.2% drop from its recent all-time high above $123,000. Amid this price performance, a recent analysis shared on CryptoQuant’s QuickTake platform by contributor BorisVest sheds light on possible underlying market dynamics influencing Bitcoin’s current state. According to the analyst, data from Binance futures suggests that despite muted volatility, certain trading patterns could be shaping BTC’s near-term direction. These observations have prompted discussions about whether market makers are deliberately maintaining a controlled range before a significant price move occurs. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? Binance Data Suggests Strategic Positioning BorisVest highlighted that Open Interest on Binance has remained steady between $13 billion and $14 billion over the past 20 days. This stability indicates that while new positions are not rapidly increasing, existing trades are being actively maintained. “Such behavior in a range environment often signals silent accumulation or strategic stalling,” the analyst wrote, suggesting that larger players may be carefully managing exposure during this consolidation phase. The Taker Buy/Sell Ratio, currently at 0.9, points to increased selling pressure from market takers. However, Bitcoin’s price has not experienced a sharp decline despite this activity, indicating that passive buyers are absorbing the sell orders. BorisVest added that the Funding Rate, hovering around 0.01, reflects a lack of aggressive leverage from either long or short positions. This could mean that institutional or high-volume traders are building positions gradually, avoiding extremes that typically lead to rapid price swings. Bitcoin Possible Downside Shakeout Before a Breakout The analysis also examined Cumulative Volume Delta (CVD) data on Binance, which shows persistent selling in futures markets. Yet, despite ongoing sell-side activity, Bitcoin continues to resist significant downward movement. According to BorisVest, this could set the stage for a potential liquidity-driven shakeout. He suggested that BTC might temporarily dip toward $110,000 to clear out weak long positions and attract additional short interest. This could pave the way for a stronger, more sustainable breakout in the future. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution While these metrics do not guarantee an imminent breakout or breakdown, they point to a fragile equilibrium in Bitcoin’s market structure. Historically, prolonged consolidation phases in BTC have often preceded sharp moves in either direction. Featured image created with DALL-E, Chart from TradingView
The Ether Machine's ETH acquisition highlights growing institutional interest in Ethereum, potentially boosting its role in the digital economy.
The post Kraken-backed The Ether Machine buys 15,000 ETH on Ethereum’s 10-year anniversary appeared first on Crypto Briefing.
Nathan Smith’s AI-built portfolio is up 23.8% in four weeks after leveraging ChatGPT. He shares his take on micro-caps, risk, and Python.
As Kraken eyes a $15 billion valuation and potential IPO, its Q2 report reveals growth and a shift toward TradFi products.
On July 29, 2025, OMNI (Omni Network) stunned the crypto market with a spectacular 200% price surge, triggered by its listing on Upbit, South Korea’s largest cryptocurrency exchange. This move opened the token to a highly speculative investor base, resulting in a trading volume explosion of over $900 million in just 24 hours. Related Reading: XRP Holds The Line At $3—Wave 5 Could Unleash Run To $6+ In a recent tweet, Renowned trader Michaël van de Poppe (@CryptoMichNL) highlighted OMNI’s performance, revealing that his altcoin portfolio jumped from $35,000 to $60,000, driven by timely trades and strategic exposure to OMNI. Despite ongoing corrections in major tokens like BTC and ETH, OMNI’s rally shows how altcoins can thrive in selective pockets of market volatility. OMNI's price trends to the upside on the daily chart following a massive spike in trading volume. Source: OMNIUSDT on Tradingview Why OMNI is Gaining Attention Beyond the Hype OMNI’s breakout is fueled by a combination of factors. The Upbit listing attracted significant retail demand, while Binance Wallet’s 11% APY staking incentive encouraged long-term holding. Fewer circulating tokens created scarcity, driving the price up rapidly. Beyond speculation, OMNI’s integration with platforms like Aarna AI and PaintSwap strengthens its real-world utility in DeFi and crypto payroll solutions. These use cases provide substance to the rally, suggesting OMNI could sustain interest if development continues. Is Another OMNI Rally in the Cards? With OMNI trading at $5.40 and showing a 234% gain in July, traders are eyeing a potential continuation. However, resistance near $7.08 could be a critical level. Analysts urge caution: speculative pumps can reverse sharply. Still, the token’s performance serves as a case study in how listings, staking, and use cases can align for explosive returns. Traders seeking similar opportunities should track volume spikes, on-chain wallet activity, and BTC dominance shifts to identify the next breakout. Related Reading: Ethereum Price Could Rise To $9,000 This Cycle, Eyes Breakout Against Bitcoin In a market full of uncertainty, this crypto’s rally offers both inspiration and a reminder of the risks that come with chasing high-flying altcoins. Cover image from Unsplash, chart from Tradingview
If convicted of the three charges, the Tornado Cash developer could face more than 40 years in prison.
The report rehashed many of the policy objectives touted by the Trump administration for regulating crypto in the United States.
A new Glassnode report has revealed that $141,000 could end up being the next major resistance for Bitcoin, should its price break convincingly higher. Bitcoin Is Currently Trading Between These Two STH Pricing Bands In its latest weekly report, the on-chain analytics firm Glassnode has discussed the Short-Term Holder (STH) Cost Basis and some pricing bands derived from it. Related Reading: Bitcoin Buying Spree Ends On Coinbase: Temporary Pause Or Trend Shift? This indicator measures, as its name suggests, the cost basis or acquisition level of the average investor part of the STH cohort. Formally, STHs are defined as investors who have been holding their coins for less than 155 days. This group is made up of the new entrants in the network and high-frequency traders. In other words, it represents the low-conviction side of the market. A cohort called the long-term holder (LTH) group (holding time greater than 155 days) corresponds to BTC’s HODLers. When the price of the cryptocurrency is trading above the STH Cost Basis, it means the STH cohort as a whole is in a state of net unrealized profit. On the other hand, the asset’s value being under the metric suggests the dominance of loss among the cohort. Historically, the STH Cost Basis has served as an important boundary between local bullish and bearish trends. Below is the chart shared by the analytics firm that shows which side of it the asset is trading right now. As displayed in the graph, the Bitcoin price broke through the STH Cost Basis earlier in the year and has since gained a notable amount of distance over it. At the current metric value of $105,400 and the latest BTC price, the STHs are sitting on a net gain of 11.5%. “To add statistical context, we can apply standard deviation bands around the STH cost basis,” explains the report. “These dynamic price zones help identify areas of trend exhaustion or breakout potential.” From the chart, it’s visible that BTC has found resistance at the +1 standard deviation (SD) band multiple times this cycle, with two rejections coming in the bullish push of the last few months alone. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? At present, this level lies at $125,100. “From a broader perspective, this suggests that Bitcoin may remain range-bound between $105K and $125K until a decisive breakout occurs,” notes Glassnode. What will happen once a breakout does occur? According to the analytics firm, the +2 SD level situated at $141,600 could become the next major area of resistance instead. At this level, STH profits would have ballooned significantly, raising the chances of mass selling occurring with the motive of profit-taking. BTC Price Bitcoin has continued to consolidate inside its range recently as its price is still trading around $117,600. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Markets responded with a 13% drop in share price after the company unveiled its $200 million Ether treasury plan.
Two of President Donald Trump's leading officials on crypto, Bo Hines and Treasury's Tyler Williams, gave CoinDesk an inside take on their new report.
ETH onchain data predicts a rally to $4,500, but a bearish RSI divergence warns of a correction in the short term.
Equity investment vehicles present ETH in a way that is palatable to investors in the legacy financial system, Bitwise Chief Investment Officer Matt Hougan says.
Solana’s DEX ecosystem has had a very active month, fueled by a spike in new token listings, surging volume, and PumpSwap’s growing grip over trading flows. While SOL retreated to just below $180 after peaking above $205, the spike in activity across DEXs suggests that the retail-driven memecoin wave primarily powered the turnover. However, the […]
The post PumpSwap captures 74% of Solana DEX volume as memecoins surge appeared first on CryptoSlate.
Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds.
Altcoins like SOL, AVAX, HYPE were down 4%-5% before paring losses, while BONK and PENGU plunged 10% then bounced back.
The XRP price is gaining traction once again as bullish signals strengthen across the charts. Following a decisive move above a critical support level, the cryptocurrency is now positioned for a potential upward move. A new technical analysis suggests that XRP could climb over 44%, targeting $4.804 in the near term—but only if the support level remains intact. XRP Price To Pump 44% If Support Holds Despite experiencing a pullback these past few days, the XRP price continues to show strong bullish momentum as it aims for new highs. In a recent analysis on X social media, crypto market expert Javon Marks forecasted that XRP may be on the brink of a significant price breakout. Related Reading: XRP Price Forms Double Top, This Structure Says A Crash Is Coming According to his price chart, the cryptocurrency is trading significantly above $2.47, a level that has been confirmed as a key support zone. Marks’ chart shows that this support level was previously a resistance and now serves as a foundation for the next potential leg higher. The expert’s analysis indicates that as long as XRP continues to hold above the support level, the next upward target remains firmly set at $4.804. This level represents a 44% price increase from its current price of $3.12. Notably, the technical setup presented by the analyst includes a consistent trend of higher lows, reinforcing the potential for a larger breakout to unfold. Mark’s chart also outlines an extended target beyond $4.804. If XRP manages to reach and break above this initial level, the analyst projects a potential surge toward $7.138, reflecting an impressive 128.7% increase from current prices. Notably, a possible move above $4 would already mark a new all-time high for the third-largest cryptocurrency—but breaking past $7 would represent a historic rally, indicating a strong continuation of the current bullish sequence. XRP Teeters At $3 After Rejection From Resistance XRP is currently at a critical turning point as price action rejected sharply from the $3.66 resistance level, sliding nearly 11% to test the $3.00 support zone. Based on a technical analysis by crypto expert Gael Gallot, this rejection follows a breakout attempt from a long-form symmetrical triangle stretching back to February. Related Reading: XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65 XRP’s daily chart shows its price forming a large ascending triangle pattern, though the recent rejection at the top of the trendline hints at an incoming upward move. Notably, Gallot predicts that a confirmed breakout and retest above $3.3 could ignite the next leg up, with XRP possibly revisiting the $3.66 zone and beyond. The analyst calls this phase a “Pullback or Setup,” highlighting a mix of signals, including a sharp 44% decline in active XRP wallets as whales accumulate over 280 million tokens even as Ripple co-founder Chris Larsen reportedly moved 50 million XRP. Short-term sentiment also appears mixed, with US traders staying cautious while Asian markets show signs of steady accumulation. Featured image from iStock, chart from Tradingview.com
Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion. Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the […]
The post DOJ clarifies Dragonfly is not a target as Tornado Cash co-founder trial nears conclusion appeared first on CryptoSlate.
The pair’s plea change comes amid Tornado Cash developer Roman Storm’s ongoing criminal trial on similar charges.
Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30. According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues […]
The post Solana’s xStocks top $1.6B in first month of trading, largely driven by centralized exchanges appeared first on CryptoSlate.
Robinhood posted $160 million in revenue from crypto-related trading and $989 million in overall revenue, outpacing expectations as acquisitions are reshaping the firm.
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price.
Crypto trading revenue fell sequentially to $160 million from $252 million.
In their lengthy closing arguments on Wednesday, attorneys for both sides battled to win over the jury before releasing the group to decide the Tornado Cash developer’s fate.
Ever since the Fed’s rates were slashed below 5% back in October 2024, they have been reduced consistently month after month. This drop had a significant impact on the Bitcoin price, as it broke above the consolidation and surged above the $100,000 milestone for the first time in history. Now that the Fed rates remain …
Bitcoin faced renewed selling pressure on Wednesday, falling 0.45% to $118,446.5 as traders braced for pivotal macroeconomic events. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution This drop comes amid heightened caution ahead of the Federal Reserve’s July policy meeting and the looming implementation of steep U.S. tariffs on August 1. Despite a strong July performance, the flagship cryptocurrency remains under pressure due to profit-taking and broader market uncertainty. The decline follows a stretch of consolidation near the $120,000 level, a psychological resistance zone that prompted selling from long-term holders and institutions. Even Strategy’s historic $2.5 billion Bitcoin acquisition, adding 21,021 BTC, failed to spark a rally, suggesting investor fatigue and risk aversion are taking hold. BTC's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Fed Decision and Tariff Jitters Weigh on Sentiment Investor focus remains fixed on the Federal Reserve’s rate decision, with expectations that the central bank will hold interest rates steady. However, analysts remain divided on the Fed’s longer-term stance amid calls for cuts by President Trump and signs of economic cooling. Market concerns are further amplified by impending U.S. tariffs ranging from 15% to 50%, set to take effect at the start of August. Although tariffs don’t directly impact crypto prices, they influence global sentiment and contribute to increased volatility across risk assets like Bitcoin. Meanwhile, the market is also awaiting a White House report that could outline the U.S. government’s Bitcoin holdings and clarify its stance on establishing a strategic Bitcoin reserve. Altcoins Follow Bitcoin’s Retreat Bitcoin’s pullback echoed throughout the broader crypto market. Ethereum, the leading altcoin was one of the assets that made a dip, falling by over 2% to $3,781.5. Related Reading: Ethereum Price Could Rise To $9,000 This Cycle, Eyes Breakout Against Bitcoin This caused a ripple in the altcoin space with some of the major names recording similar drops: XRP fell 0.6% to $3.1290 Solana dropped 2.1% Cardano declined 1.6% Dogecoin slipped 2.2% $TRUMP coin shed 2.6% With volatility indicators tightening, analysts warn that a significant price move may be imminent as the market awaits the Fed’s outcome and macroeconomic clarity. Cover image from ChatGPT, chart from Tradingview
Bitcoin (BTC) price has gradually lost its initial July bullish momentum during the past three weeks. The flagship coin has consolidated in a choppy fashion during the past three weeks below $120k amid robust fundamentals, which ordinarily favors bullish sentiment. According to market aggregate data from TradingView, BTC price slipped below $117k on Wednesday, resulting …
A node issue disrupted the network for 11 hours in 2022.
As Ethereum turns 10, leaders from Consensys, Coinbase, RedStone, Optimism and GameSquare share what the next decade could look like for the evolving network.
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered […]
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White House releases 166-page crypto strategy led by David Sacks to strengthen US leadership in digital finance, tokenization, and AI.
The post White House releases landmark crypto report, but skips new details on Bitcoin stockpile appeared first on Crypto Briefing.