PLUS: Maple Finance is now crypto's largest on-chain asset manager.
The deal would position Cantor as a major Bitcoin buyer, expanding its SPAC-led crypto strategy amid renewed political support.
A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to $120,000 months ago has returned with a bold new forecast that could redefine investors’ expectations for the rest of the cycle. Using a detailed Elliott Wave structure and historical halving patterns, the expert outlines what could be Bitcoin’s final parabolic move, laying out a clear roadmap toward a new ATH target. Bitcoin Parabolic Phase Still Ahead Following Bitcoin’s explosive rise above $123,000 in a single day, crypto analyst XForceGlobal reaffirmed his earlier predictions and intensified his bullish outlook. He now asserts that Bitcoin is in the early stages of a much larger breakout, with the final and most parabolic phase of its rally yet to unfold. Related Reading: Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here The analyst Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here a detailed chart showing that Bitcoin is now trading over $40,000 above its Wave 2 bottom of the macro 5th. This indicates that the market could be transitioning into Wave 3 of a larger Elliott Wave impulse pattern. The chart also visually segments previous bull market runs into distinct macro phases, each unfolding after a halving cycle. Every phase began with a consolidation period, followed by exponential growth and eventual correction. Bitcoin’s price history is further marked by the halving events in 2012, 2016, 2020, and 2024—all of which have consistently preceded major bullish rallies. The latest halving, which occurred in April 2024, is now expected to lead to an intermediate-term rally that may extend BTC’s price beyond $270,000 before entering another corrective phase. While XForceGlobal maintains a bullish long-term outlook for Bitcoin, he urges investors to be cautious and aware that the final wave may generate market euphoria before a significant decline sets in. His projected roadmap shows a steady bullish climb toward $272,832, followed by a potential retracement to around $41,646, marking a steep 85% crash from the top. During his analysis, the market expert highlighted the difference between smart and dumb money during this bullish phase of the cycle. He claimed that smart investors have already mapped out their exit strategies, understanding that success comes from early planning rather than spontaneous decisions. He also added that with the market yet to reach a climax, there’s still time to prepare an exit before red flags emerge. Analyst Predicts $155,000 As Bitcoin’s Next Stop In a follow-up X post, XForceGlobal forecasted Bitcoin’s next short-term price target at $155,000. This prediction comes as BTC recently rallied past $123,000 before undergoing a pullback, now trading slightly above $116,800. According to the analyst, Bitcoin remains firmly in an extended Wave 3, which traditionally represents the most impulsive and powerful phase of the Elliott Wave sequence. Related Reading: Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden Number’ XForceGlobal’s chart reveals that Bitcoin recently broke out from a complex WXYXZ correction structure, which served as the launchpad for the present rally. His projection suggests that BTC is now forming a five-wave structure targeting the $140,000-$155,000 range, with macro-level corrections expected along the way. Featured image from Pixabay, chart from Tradingview.com
California Governor Gavin Newsom announced the California Breakthrough Project on July 15, enlisting executives from Coinbase, Ripple, MoonPay, and other technology firms to help streamline state operations. Newsom convened the advisory group at Ripple’s San Francisco headquarters on June 6. Participants include Ripple Executive Chair Chris Larsen and unnamed executives from MoonPay and Coinbase. The cohort will work with agency staff to […]
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Bitcoin ETF market cap nears $150B as July inflows top $4B and BTC hits $123K, driven by institutional demand and BlackRocks lead.
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The Congress has turned into a political showpiece on Tuesday, July 15, after 12 Republicans failed a procedural vote on several crypto-related legislation. What had begun as a positive crypto week for President Donald Trump has turned sour after the Congress signaled different interpretations of certain clauses, especially in the Genius Act, which have been …
SharpLink Gaming has officially become the largest corporate holder of Ethereum, surpassing even the Ethereum Foundation. On July 15, the company revealed it owns 280,706 ETH, valued at $867 million. The company’s impressive ETH holdings grew significantly between July 7 and July 13. During this period, SharpLink purchased 74,656 ETH for $213 million, with an […]
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JP Morgan eyes stablecoins as U.S. legislation advances and the potential market grows.
Redfin warns of crypto volatility as Fannie and Freddie study whether digital assets should count in mortgage risk assessments.
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Hyperliquid ranks third globally in PUMP spot volume, surpassing MEXC and Bitget with $165M in trades over 24 hours.
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Data shows Bitcoin’s retrace below the $117,000 level came right after a major spike in social media chatter, often a contrarian signal. Bitcoin Social Dominance Saw A Huge Spike As BTC Crossed $123,000 In a new post on X, the analytics firm Santiment has shared how social media users reacted to the latest Bitcoin price breakout. The indicator of interest here is the “Social Dominance,” which tells us about the share of social media discussions related to the top 100 cryptocurrencies that any given coin occupies. Related Reading: Strategy Grabs Another $472M In Bitcoin—Even With Price At ATH The metric is based on another indicator known as Social Volume, which gauges the unique number of posts/threads/messages on major social media platforms that mention an asset. The reason the Social Volume doesn’t simply count up the mentions themselves is so that a few social media circles with a large amount of discussion don’t skew the data by themselves. The metric’s value only spikes when talk around the asset is more spread out. The Social Dominance determines what percentage of the Social Volume associated with the 100 largest coins by market cap that a particular cryptocurrency accounts for. Now, here is a chart that shows the trend in the metric for Bitcoin over the last couple of years: As displayed in the above graph, the Bitcoin Social Dominance shot up to a high of 43% when its price rallied to the new all-time high above $123,000. This means that the asset was receiving mentions in almost half of the social media discussions related to the digital asset space. The latest spike surpasses any other from the last two years, showcasing the rare dominance of mindshare that BTC achieved during the rally. Since the social media talk has intensified, however, the BTC price has plummeted. This isn’t anything too unexpected, as Bitcoin and other digital assets have historically tended to move in the direction that goes contrary to the expectations of the retail crowd. Whenever social media users get too hyped up, prices can correct downwards. Similarly, an excess of fear can facilitate bottoms. “Though it’s generally a fantastic sign that the #1 market cap has had its deserved spotlight, the sudden spike was indicative of many retail traders FOMO’ing in,” notes Santiment. “Wait for the euphoria to cool down some, and you’ll likely find another key entry point coming up.” Related Reading: Bitcoin Hits $123,000—But Inflows Are Just A Fraction Of 2024’s Peak It now remains to be seen how social media sentiment would develop now that the price has declined and whether it would play a role in shaping Bitcoin’s next move. BTC Price Bitcoin has witnessed a drop of more than 3.5% in the last 24 hours, which has brought its price back to the $116,900 mark. Featured image from Dall-E, Santiment.net, chart from TradingView.com
Virtuals Protocol updates Genesis emissions to reward ACP-integrated agents and meaningful market participation.
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GameStop is taking a cautious, independent approach to Bitcoin (BTC) and does not does not intend to emulate the aggressive strategies of other crypto-heavy treasury firms like Strategy, according to CEO Ryan Cohen, who said Tuesday that the company In an appearance on CNBC’s Squawk Box on July 15, Cohen explained that GameStop’s $512 million Bitcoin […]
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Two Senate committees – Banking and Agriculture – need to agree on a crypto market structure bill, and Ag's ranking Democrat outlined several areas to edit.
Lader was one of the early names leave traditional finance to work in the crypto space.
Bitcoin ETFs saw a dramatic two-day surge in inflows on July 10 and 11, followed by a steep cooldown heading into July 14. Data shows inflows of $1.18 billion on July 10 and $1.03 billion on July 11, totaling over $2.2 billion. These were among the strongest single-day performances since ETFs launched in January 2024, […]
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Sharing his latest outlook, CRYPTOWZRD revealed that Chainlink closed indecisively, suggesting the market is still weighing its next move. According to the expert, a healthy bullish breakout above the $16 resistance is needed to trigger a rally. He added that he will continue to follow the intraday chart development tomorrow to spot the next scalp opportunity. LINKBTC Needs A Bullish Push To Unlock Momentum In the post, CRYPTOWZRD highlighted that the daily candles for both Chainlink and LINKBTC closed indecisively today, suggesting a temporary pause in momentum. While no strong push was recorded, the market remains on edge, awaiting a clear move, particularly from LINKBTC to confirm the next direction. Related Reading: Chainlink Holders Set Record As 1-Yr MVRV Signals ‘Opportunity’ He emphasized the importance of seeing more positive price action from LINKBTC. A bullish rally in the BTC pair could lay the foundation for a strong upside move in LINK itself. As the correlation between LINK and LINKBTC remains key, traders should keep a close eye on that pairing for early signals. Looking ahead, CRYPTOWZRD expects Chainlink to challenge the $16 daily resistance level. This price zone has become a critical threshold that, if breached, could trigger a more powerful impulsive move. A weakening Bitcoin dominance will also play a role in the scenario, potentially freeing up capital to rotate into altcoins like LINK. Should LINK break above the $16 resistance convincingly, CRYPTOWZRD anticipates a continued rally that may extend toward the $30 resistance area or even higher. The path toward this ambitious target would require sustained bullish sentiment and a supportive broader market environment. The analyst noted that his focus tomorrow will remain on tracking the lower time frame chart formation. This will allow him to identify potential scalp opportunities in real time, capitalizing on intraday volatility as the market defines its next major move. Waiting For Clear Market Sentiment Toward Chainlink In conclusion, the analyst highlighted that today’s intraday chart displayed a fair amount of volatility, signaling uncertainty in the short-term direction. Despite the turbulence, key levels continue to shape the outlook for Chainlink. Related Reading: Chainlink Bullish Signal Stands Firm, But Bitcoin Is Calling The Shots He emphasized that maintaining strength above the $15.85 intraday resistance target would be a positive development. It is likely to pave the way for the next leg up, with the $16.84 resistance target acting as the next area of interest for bulls. However, if price action slips further, the market may head toward the $14.40 support target. Given the current conditions, the analyst stressed the importance of waiting for market sentiment to mature before committing to new trades. Featured image from Freepik, chart from Tradingview.com
Cantor Fitzgerald’s blank‑cheque affiliate is in late‑stage talks to acquire more than $3 billion in Bitcoin (BTC) from Adam Back’s Blockstream Capital through a transaction that could exceed $4 billion, the Financial Times reported on July 15. Cantor Equity Partners 1, a special‑purpose acquisition company that raised $200 million in a January IPO, would issue new shares to Back in exchange for as much as 30,000 BTC. The […]
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The Tornado Cash co-founder's legal team argued he "had nothing to do" with hackers using the crypto mixing service as his criminal trial kicked off.
Storm’s lawyers say their client had nothing to do with the criminals using Tornado Cash. Prosecutors say he was capable of stopping them, and chose not to.
Ether reclaims $3,000 and breaks key technical levels, setting the stage for a potential 1,110% rally.
The gaming publisher is evaluating the feasibility of a proprietary stablecoin and has hired external consultant.
A powerful bipartisan crypto-focused political action committee, Fairshake, has secured $141 million in funding ahead of the 2026 US midterm elections, per a July 15 statement shared with CryptoSlate. According to the statement, the figure reflects significant backing from top digital asset firms and executives, including a fresh $25 million contribution from Coinbase. The PAC […]
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Big banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation.
According to the report, the Cantor Equity Partners 1 shell company would acquire 30,000 bitcoin from Back and his Blocksteam Capital in exchange for shares in the Cantor vehicle.
Ethereum’s price action in the past seven days has seen it finally touch the $3,000 resistance zone for the first time in months. This interesting move comes amid growing institutional attention caused by the massive inflows into Spot Ethereum ETFs and Bitcoin’s recent climb to new all-time highs. Ethereum has gained over 17% in the past seven days alone, reaching a new local high of $3,065. Interestingly, bullish technical structures are starting to emerge that could send the ETH price soaring toward new all-time highs. Two analysts have now spotted classic bullish setups, both hinting at a significant rally on the horizon. Cup And Handle Pattern Points To $4,200 If Breakout Holds The first analyst, known as @CryptosBatman on the social media platform X, shared a daily candlestick chart of Ethereum, where a pure ‘cup and handle’ pattern is visible over the past four months. The pattern, which started in early March, shows a rounded bottom that dipped to as low as $1,400, followed by a minor consolidation that formed the handle portion. Now, recent price action has caused ETH to break out of the neckline around $2,850. A technical projection from this neckline points to a 45% move to a price target just below $4,200. Related Reading: Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here? According to this analyst, Ethereum’s breakout from the cup and handle pattern has formed in the middle of powerful fundamentals. Ethereum is now beginning to outperform Bitcoin in terms of short-term returns, and exchange reserves have dropped to an eight-year low. These are both fundamental signals of strong holding behavior and reduced sell-side pressure. With these metrics aligning with the technical breakout, @CryptosBatman believes Ethereum could be next in line to break its all-time high, possibly before the end of Q3. Weekly Chart Echoes Previous 42% Rally Another crypto market technician, CryptoBullet, expressed a similar sentiment on the social media platform X. This analyst referenced Ethereum’s weekly candlestick chart to support his outlook. He pointed to the formation of last week’s massive green breakout candle that has pushed the price above a major supply-resistance zone around $2,850. This move, as shown in the chart below, mirrors the same structure that caused a 42% rally between February and March 2024, when ETH moved from the $2,900 level up to nearly $4,100 within a matter of weeks. Related Reading: Ethereum To Outperform Bitcoin: Buy Before Mid-August, Analyst Warns If that price action is replicated in this current setup, Ethereum could again be on track to test $4,200 in the next three to four weeks. This puts the timeline of a $4,200 price target sometime in August 2025. The projection is shown with the vertical price range box drawn in the chart above, which maps a 42% upside from the breakout zone. Interestingly, this projection relies on the $2,800 price level, which previously acted as resistance, now flipping to support and preventing any sustained retracements below the $2,900 to $2,850 range. At the time of writing, Ethereum is trading at $2,980, having reached an intraday high of $3,074. Featured image from iStock, chart from Tradingview.com
ProShares launched two exchange-traded funds (ETFs) that seek to deliver 2x returns on the daily price movement of Solana (SOL) and XRP, adding leveraged exposure to the firm’s expanding roster of crypto-linked products, according to a July 15 announcement. The ProShares Ultra Solana ETF (SLON) targets 200% of Solana’s daily performance, while the ProShares Ultra […]
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Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes.
Rising US inflation tempers investors’ interest rate cut hopes, leaving Bitcoin at a critical juncture below $120,000.
Standard Chartered has launched spot trading for Bitcoin (BTC) and Ethereum (ETH) through its institutional crypto platform, expanding its presence in digital assets just as U.S. regulatory and investor attention turns sharply toward stablecoins. The launch follows a series of high-level meetings across Washington, New York, and Boston, where Geoffrey Kendrick, the bank’s Head of […]
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