Todas Atividades

Bonk ($BONK) is on a tear, and it’s not slowing down. The token just extended its gains, building on a massive 20% rally from last week. The reason for all the excitement? Traders are pouring cash into it. The futures Open Interest (OI) for $BONK has shot up to a yearly high, showing a ton of new money is flooding the market. This kind of action is exactly what a rally needs to keep going. However, it’s not just about the trading numbers. The Solana ecosystem itself is doing great. Its launchpad, LetsBonk.fun, is raking in the cash. It’s collected a whopping $7.97M in just one week, completely outshining every other launchpad on Solana. That kind of success makes the overall mood around $BONK super bullish. What’s Next for the Price? The technical charts are looking good too. Bonk recently smashed through a key resistance level of $0.000024 and is now trading above $0.000027. If it can hold at that new level, the price could push on further. Here’s a heads-up for traders: the daily Relative Strength Index (RSI) is a bit high at 76. That’s in the ‘overbought’ zone, so don’t be surprised if there’s a dip coming. However, don’t let that spook you; the Moving Average Convergence Divergence (MACD) indicator is still looking strong, with a clear bullish signal. Even if we see a small correction, the overall trend is still pointing up. If it does pull back, look for support around the $0.000024 mark. And while Bonk is having its moment in the sun, it’s also worth noting how the crypto space is evolving. The focus is shifting from simple meme coins to those that offer real utility. This is where a new project like Snorter Token ($SNORT) is getting a ton of buzz. It’s looking to be the next big thing by combining the fun of a meme coin with powerful trading tools. Snorter Token ($SNORT): Meme-Powered Utility Snorter Token ($SNORT) is making a name for itself in the crypto world. Unlike many other meme coins that rely solely on hype, $SNORT is a utility token at its core, powering the Snorter Bot. The Telegram-based trading bot is built to give both new and seasoned traders a serious edge. Its primary appeal is its ability to transform the Telegram app into a high-speed trading terminal. You can snipe hot new tokens as soon as they launch, execute quick swaps, and even copy trades of the top-performing wallets. $SNORT has already raised almost $1.9M in its presale and is offering 205% staking rewards, a clear sign that investors are recognizing its potential as one of the best meme coins. A Powerful Combination of Speed and Security Beyond its low fees and ease of use, the Snorter Bot is also designed with security in mind. The platform boasts an impressive 85% success rate in detecting ‘honeypot’ and ‘rug pull’ scams during its beta testing. In a market where new projects can often be high-risk, this built-in protection offers an added layer of security, helping you safeguard your funds and have confidence in one of the best crypto presales. Furthermore, Snorter isn’t just focused on Solana. Its roadmap includes plans to become a multi-chain token. It’s already expanded to Ethereum and has plans to integrate with BNB and Polygon. This strategy will increase its reach and utility, making it a valuable tool for traders across ecosystems. The combination of its fast execution, low fees, scam detection, and cross-chain capabilities makes $SNORT a project that’s not just riding a trend but building a foundation for long-term growth. You can buy $SNORT for $0.0983 in its presale. We predict it could make a high of $1.02 by the end of 2025, and if this is the case, early investors would see a 938% ROI. The Bigger Picture The success of projects like Bonk and the rise of utility tokens like $SNORT are clear indicators of a maturing crypto market. The focus is shifting from speculative assets to tangibility. Snorter Token, with its trading bot and presale success, embodies this direction. It’s an exciting time to be in crypto, but with any investment, it’s crucial you do your own research and understand the risks before committing funds.

In his June 14 video analysis, the market commentator CryptoInsightUK argued that XRP is on the verge of a “parabolic expansion” reminiscent of its performance in late 2017, contending that a price of $11 per token is attainable this cycle once Bitcoin finishes its latest impulse leg. The analyst built his case on a blend of historical fractals, liquidity-mapping, and derivatives-market data, concluding that “people are under-estimating where XRP is going to go this cycle.” Is $11 XRP Inevitable? CryptoInsightUK opened the session by noting that Bitcoin had just logged the highest weekly close in its history and that the total crypto-asset market capitalisation had set a record: “We got the highest ever close for total market cap as well now, and I’m looking to see this expansionary period.” With Bitcoin pushing into a “deep area of liquidity” on the daily chart but not yet reaching the next concentration of sell-side orders, he believes the set-up mirrors the early-November 2024 breakout that preceded a six-day, 31 percent surge. “Bitcoin’s done most of its move in the six days following the breakout,” he recalled, overlaying that sequence on today’s structure to infer that a similar window could open imminently. For XRP, the key inflection lies a few cents above the psychological $3 mark. On the 15-minute chart, he observed that “XRP is starting to build some strong liquidity above us… up to about 3.10,” describing that overhead cluster as potential fuel for a decisive push. Although the token briefly touched $3.03 in intraday trading, repeated attempts have stalled just below resistance. The analyst juxtaposed this behaviour with the way XRP lagged Bitcoin during the 2024 breakout: the coin “stalls out a little bit” while Bitcoin rips, then “really catches up,” moving from roughly $0.70 to $2.70 in nineteen days, before extending to $3.30. Translating that fractal forward, he warned: “It’s not going to be exactly the same, but if it’s six to ten days [for Bitcoin]… what happens next? Altcoins take over.” He bolstered the thesis with derivatives metrics. During the last XRP rally, a flip from negative to positive contract premium coincided with a sharp rise in open interest. That pattern is repeating: “Premium actually went green… on an increase in open interest and that is happening again now.” Funding rates remain subdued, implying that shorts still constitute a meaningful share of outstanding positions; as price pressure builds, those shorts could be “squeezed to the downside,” providing what he called “really aggressive price action to the upside… pretty soon probably for XRP.” In his base case, an explosive move would coincide with Bitcoin reaching roughly $125,000, at which point capital rotation would funnel into XRP and other large-capitalisation altcoins. On higher-time-frame charts, the weekly close in the XRP/BTC pair reclaimed levels not seen since early March and printed what the analyst dubbed a “lovely green weekly candle,” propelling the pair through the resistance band tracked by trader CredibleCrypto’s so-called “Gandalf line.” XRP dominance, he argued, has completed a Wyckoff-style accumulation: the “sign of strength” and “last point of support” suggest a new up-leg is underway. Technical momentum is corroborated by a bullish cross forming in the XRP/ETH ratio on the weekly relative-strength index. The analyst conceded that timing remains uncertain and that elevated contract premiums can foreshadow long-side liquidation cascades, yet he maintained that the interplay between resurgent spot buying, rising open interest, and building liquidity clouds above $3 creates a self-reinforcing backdrop for a squeeze higher. “That is what I expect will come at some point,” he said, framing a breach of the all-time high as a trigger for acceleration toward his $11 objective. At press time, XRP traded at $2.8671.

The British pound has edged up higher on Tuesday. In the European session, GBP/USD is trading at 1.3453, up 0.21% on the day. Earlier, GBP/USD touched a low of 1.3416, its lowest level since June 23. UK inflation expected at 3.4% All eyes will be on the UK inflation report for June, which will be released on Wednesday. Headline CPI is expected to remain unchanged at 3.4% y/y, as is core CPI at 3.5%. Monthly, both the headline rates are expected to stay steady at 0.2%. Has the BoE's battle to lower inflation stalled? The BoE was looking good in March, when inflation eased to 2.6%, but CPI has rebounded to 3.4%, well above the BoE's inflation target of 2%. Services data has been especially sticky, although it dropped to 4.7% in May, down from 5.4% a month earlier. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Coinbase (COIN) is experiencing significant momentum, with its stock poised to reach a record closing high as the cryptocurrency sector enters what the White House has dubbed “Crypto Week.” The positive trend for the crypto industry has been notable since President Donald Trump took office, culminating in Bitcoin (BTC) hitting record highs beyond the $123,000 level on Monday. This surge is attributed to favorable legislative developments, the resolution of ongoing lawsuits with the US Securities and Exchange Commission (SEC), and the appointment of regulators who are seen as supportive of the crypto space. COIN Poised For $100 Billion Market Cap Coinbase has had an impressive start to 2025. Analysts at Ned Davis Research emphasized in a recent note that no other company seems to be benefiting as much from the current political climate as Coinbase. In Monday trading, shares of Coinbase rose by 2% to $394.79, following a record closing high of $388.96 just days earlier. The stock has jumped an impressive 63% this year and is on track to achieve a market capitalization exceeding $100 billion for the first time. A significant turning point for Coinbase came in February when the SEC dropped a lawsuit that had been pending for two years, which accused the company of operating as an unregistered securities exchange. This victory was followed by Coinbase becoming the first cryptocurrency firm to join the S&P 500, further solidifying its status in the market. Investors are particularly optimistic as Congress prepares to discuss three bills aimed at clarifying the regulatory framework surrounding the cryptocurrency sector. The legislation has garnered broad support among crypto advocates. Additionally, the SEC’s decision to move crypto oversight to its more favorable Cyber & Technology unit and repeal a rule requiring financial institutions to treat crypto custody holdings as liabilities has further boosted market confidence. Positive Long-Term Outlook For Coinbase Looking ahead, analysts from Benchmark Equity Research anticipate that Coinbase will successfully petition the SEC to offer tokenized equities on its platform. CEO Brian Armstrong’s “close ties to Trump” are expected to play a role in this endeavor. Moreover, Coinbase is well-positioned to benefit from the Clarity Act, one of the bills under consideration, which aims to enhance institutional confidence in digital asset trading and holding. Benchmark has maintained a Buy rating for Coinbase, setting a price target of $421. However, some analysts caution that the positive developments may already be reflected in the stock’s current price. Owen Lau of Oppenheimer recently assessed the likelihood of the Clarity Act passing at 70% and slightly adjusted his estimates for Coinbase’s trading volume ahead of the company’s earnings report scheduled for July 31. Even if the upcoming earnings release disappoints, experts believe that the underlying momentum of Coinbase will not be significantly affected. Oppenheimer has reiterated an Outperform rating, raising its price target to $417 from a previous $395. Featured image from DALL-E, chart from TradingView.com

Overview: The US dollar is trading somewhat heavier against the G10 currencies but the Scandis today, ahead of the US CPI report. Most emerging market currencies are also firmer. The last few CPI readings were softer than expected, but economists continue to look for firmer price pressures. Late yesterday, the US announced a 17% tariff on imports of Mexican tomatoes but apparently has signaled approval of Nvidia selling its H20 chips to China. That decision helped lift Chinese tech stocks that trade in Hong Kong, but the CSI 300 itself managed only the most minor of gains. Most other bourses in the region rose. Europe's Stoxx 600 is posting a small gain after retreating in the past two sessions. US index futures point to a firm start. European benchmark 10-year yields are mostly 2-5 bp lower today and the US Treasury yield is not quite two basis points lower to slip below 4.42%. Japan's 30-year yield eased slightly while the 40-year bond yield rose 11 bp before settled up five basis points (~3.49%). Gold is firmer near $3355 but has held below yesterday's high (~$3361). August WTI extended its losses to almost $66.25, the lowest level since July 7, but recovered to a little above $66.80. USD: The Dollar Index extended its advance yesterday. The last session is settled with a loss was July 2. Not coincidentally, we would argue, the year-end implied yield in the Fed funds futures is about 3.84%, the highest since June 19. At the same time, the five-year breakeven, the difference between the conventional yield and the five-year inflation protected security reached almost 2.48% yesterday, the highest in nearly three months. Its streak will be challenged today. The 98.25 area in the Dollar Index corresponds to the (61.8%) retracement of the decline since June 23 remains intact. Initial support may be in the 97.50-70 area. The US June CPI is the data the most important high-frequency economic report this week, though PPI, retail sales and industrial output are also due in the coming days. Although the last three reports have come in lower than expected, many Fed officials are concerned that the impact of the tariffs is still yet to be seen. This explains why the Fed has unanimously stood pat this year. The headline and core rates are expected to rise by 0.3% to 2.6% and 2.9%, respectively. This would be new four-month highs. The market continues to scale back the chances of September rate cut. Around 65%, the lowest odds since late May. EURO: The euro approached $1.17 is all three geographic sessions yesterday, and disappointment that it held so some liquidation of euro longs that pushed it back to $1.1660. The $1.1640 area is the (50%) retracement of the rally since the June 23 low. It settled yesterday below the 20-day moving average for the first time since May 19. It has come back firmer today but still has not risen above $1.17. Eurozone industrial output rose 1.7% in May. It was a stronger than expected recovery from April's revised 2.2% decline (initially reported as a 2.4% drop). The year-over-year rate had been negative from May 2023 through February 2025 and is now up 3.7% year-over-year. The industrial production figures do not include construction but seem to reflect increased defense and infrastructure spending. Separately, German investor confidence, the ZEW survey show continued improvement. The assessment of the current conditions improved to -59.5 from -72. It is the best since June2023. The expectations component improved to 52.7 (from 47.5), it is the fourth consecutive gain and is at its best level since Russia's invasion of Ukraine in early 2022. CNY: The dollar traded quietly yesterday (~CNH7.1670-CNH7.1760), within the range set at the end of last week. It remains within late Friday's range today and mostly inside yesterday's range. Nearby support is seen near CNH7.1630, and CNH7.1835 may offer resistance. Still, it looks comfortable in the broader CNH7.15-CNH7.20 range. The PBOC set the dollar's reference rate at CNY7.1498 (CNY7.1491 yesterday). China reported that the economy grew by 1.1% quarter-over-quarter in Q2. That turns into a 5.2% year-over-year expansion, slightly lower than the 5.4% reported in Q1. Retail sales slowed sequentially in June, but industrial output improved. The property market intensified. New and existing home prices declined faster, and property investment and property sales are contracted at an accelerated pace. Still, the data may be sufficient to take the pressure off this month's Politburo meeting to provide more support. JPY: The firm US 10-year yield arguably helped the dollar extend this month's recovery to almost JPY147.80 yesterday, its best level since the June 23 high, which was a little north of JPY148.00. It edged a little higher today but has not sustained the upside momentum. The rolling 30-day correlation of changes in the dollar-yen exchange rate and the 10-year Treasury yield reached almost 0.70 at the end of last week, the highest since February. Still, Japanese bond yields are rising faster. The US 10-year premium over Japan has been trending lower since 316 bp peak on April 11. It was around 280 bp at the end of June and now it is near 284 bp. Meanwhile, Japan's very long-end (30- and 40-year) bond yields are jumping after trading quietly and sideway for most of June and early July. Over the past three months, the 30-year JGB yield is up 34 bp, while the Dutch and German 30-year yields are up around 37 bp, and Canada's 30-year yield is up almost 40 bp. The French 30-year yield is about 30 bp higher and the 30-year US Treasury yield is up a milder 15 bp. The 30-year UK Gilt yield is not up quite five basis points in the past three months. GBP: Sterling fell for the seventh consecutive session yesterday, matching the long losing streak since March 2020. It traded slightly below $1.3425 today, its lowest level since June 23, when it reached nearly $1.3370. Slightly above it is the trendline off the year's low that comes in near $1.3380. It found new bids and its losing streak may end today. The UK reports June CPI tomorrow. A 0.1% increase is expected, which will keep the year-over-year rate unchanged at 3.4%. The core rate looks steady at 3.5%, while services inflation may slow slightly to 4.5% from 4.7%. Still, it is the weak economy that is behind the market's confidence of a rate cut next month (90%+). CAD: The US dollar remains stuck in a well-worn range roughly CAD1.3640-CAD1.3730 as it has for the past five sessions. The five-day moving average is above the 20-day, and the daily momentum indicators look constructive. The greenback settled above CAD1.3700, albeit barely, for the first time since June 25. Above there, the next target is near CAD1.3740, and then the more formidable resistance in the CAD1.3780-CAD1.3800 area. Canada will likely report its first increase in headline inflation since February today. It is seen rising 1.9% from 1.7%. The underlying core rates are expected to remain elevated at 3.0%. The market has a little less than a 20% chance of a cut at the end of the month and slightly less than 50% chance for the September meeting. Still, there is a 90% chance of a cut late this year. AUD: The Australian dollar set the high for the year ahead of the weekend near $0.6595 and succumbed to profit-taking yesterday that pushed it down about a half of a cent from the high. Options for about A$600 mln at $0.6560 expire today. It settled poorly yesterday, and follow-through selling was limited to around $0.6540 today. Last week's low was closer to $0.6485, and a break could signal another cent pullback. Since the eve of last week's central bank meeting, the year-end rate projected by the futures market rose 22 bp by the end of the week to 3.29% before pulling back to ~3.23% yesterday. It is near 3.26% now. MXN: The dollar rose to a seven-day high against the peso yesterday, reaching almost MXN18.78. It is easy to attribute gains to the 30% tariff threat issued over the weekend. However, in the region, the Brazilian real and Chilean peso (not to mention the Argentine peso) did worse. The dollar trading with a heavier bias today and traded slightly below MXN18.68 in Europe. A close below MXN18.66 could boost the chance that the brief upside correction is over. The dollar jumped a little more than 2.5% against the Brazilian real last week to snap a five-week decline. For the last two sessions, the greenback has traded within last Thursday's range (~BRL5.5250-BRL5.6220). The five-day moving average is above the 20-day moving average and the momentum indicators are moving higher. The next upside target is near BRL5.66. Disclaimer

The Canadian dollar continues to drift but that could change with the release of Canadian and US inflation later today. In the North American session, USD/CAD is trading at 1.3687, down 0.13% on the day. Canadian, US CPI expected to have accelerated in June It promises to be an interesting day as both Canada and the US release the June inflation reports. In Canada, headline CPI is expected to rise to 1.9% y/y from 1.7% in May, while the monthly rate is projected to ease to 0.1% from 0.6%. Two key core CPI indicators are expected to show an average of 3.0% y/y, unchanged from May. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

As the Ethereum price has broken out above $3,000, the shorts have piled on with expectations that this rally will end up like the others before it: in a crash. Not only have the shorts been dominating the market recently, but the exponential growth has seen the short positions rise to levels never before seen in the history of the digital asset. While this might look bearish at a glance as it means traders expect the price to decline, it could actually end up being ultra-bullish for the altcoin. Ethereum Leverage Positions Reach Record Short Levels In a post on X, market expert Zerohedge revealed an interesting development for Ethereum, and that is the fact that Ethereum shorts have now reached new records. The chart showed the Ether leveraged net totals, and it came out to a -13291, beating the previous high that was set back in May at -12000. This rise in Ethereum shorts proves that there is still a lot of disbelief in the current market rally, and many traders expect the Ethereum price to fall again. However, looking at the historical performance when it comes to shorts reaching record levels, it shows a trend that this could mean the rally could be sustained. For example, back in May 2025, when it set its previous peak of -12000, the Ethereum price had rallied from below $1,800 to above $2,600 before the month was over. This trend is also playing out now as the Ethereum price has crossed $3,000, as the Ether shorts have reached a new peak. How To Stay Positioned For ETH Given that the Ethereum price seems to be headed into what might be a parabolic rally after clearing $3,000, crypto analyst Luca on X has outlined how they intend to position for the surge. Luca explains that with the new week, the Ethereum price is at a key point. This is because it is approaching the 0.618 Fibonacci Retracement level, and this level is important because it has been a point of consolidation for the altcoin in the past. As such, the analyst explains that he intends to keep holding his positions on Ethereum. So far, Luca revealed that he has only de-risked Bitcoin positions as the pioneer cryptocurrency has hit all-time highs, but as the end of the cycle draws closer, the focus remains on altcoins. He maintains that the Ethereum price, alongside altcoins, will end up outperforming Bitcoin once the dominance drops. When this dominance drop happens, the analyst says that is when to begin de-risking altcoin positions. For now, though, the analyst expects Ethereum and altcoins to keep trailing Bitcoin as the dominance still remains high above 64% and BTC is yet to enter its distribution phase.

Asian Market Wrap Asian stocks traded within a tight range as investors waited for US inflation data to assess the effects of President Donald Trump’s tariff war before making new investments. The MSCI Asia-Pacific index, excluding Japan, rose by 0.4%, while Japan's Nikkei index gained 0.2%. close Source: TradingView.com (click to enlarge) Source: TradingView.com (click to enlarge) Client Sentiment Data - DAX Index Looking at OANDA client sentiment data and market participants are short on the DAX Index with 84% of traders net-short. I prefer to take a contrarian view toward crowd sentiment and thus the fact that so many traders are short means the DAX Index could rise in the near-term. Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Bitcoin has been exploring new all-time highs (ATHs) recently, but Strategy still seems to be in accumulation mode as it has announced another large purchase. Strategy Has Bought 4,225 Bitcoin In Latest Acquisition As announced by Strategy Chairman Michael Saylor in an X post, the company has made a fresh Bitcoin acquisition, continuing its chain of 2025 buys. With the latest purchase, the firm has added 4,225 BTC to its holdings. According to the US Securities and Exchange Commission (SEC) filing, the buy occurred between July 7th and July 13th, and involved an average BTC cost basis of $111,827. This means the 4,225 tokens were acquired for about $472.5 million. In the same period as the acquisition, BTC witnessed a breakout to new ATHs. If the purchase is to go by, it seems Strategy is still interested in buying even at these high prices. “Short Bitcoin if you hate money,” said Saylor in an earlier X post. After the latest buy, the total holding of the firm has hit 601,550 BTC. The company spent around $42.87 billion to assemble this stack and today, its value stands at $72.25 billion, implying a significant profit of 68.5%. Earlier in the day, another Bitcoin treasury company added to its holdings: Metaplanet. According to the X post by CEO Simon Gerovich, the company has added 797 BTC to its reserve, taking the total to 16,352 BTC. Unlike Strategy, though, the firm’s average coin cost basis is on the higher side, standing at $100,191 right now. In some other news, while the big players in the market have been buying BTC for a while now, data from the on-chain analytics firm Glassnode suggests retail investors have finally joined in. In the chart, the data of the Accumulation Trend Score is shown for the different segments of the Bitcoin userbase. The “Accumulation Trend Score” is an indicator that tells us about whether the BTC investors are accumulating or distributing. From the graph, it’s visible that the score has recently been pretty close to 1 for the 1,000 to 10,000 BTC cohort. This means that these large hands, popularly known as the whales, have been showing a near-perfect accumulation trend. The latest rally in the cryptocurrency may be a product of this conviction. While the whales have been buying, the rest of the Bitcoin market has been showing behavior that tends more toward distribution. The mega whales, carrying more than 10,000 BTC, have remained in selling mode with an Accumulation Trend Score around 0.3. Until recently, the hands with less than 1 BTC, the retail, were in a phase of distribution, but it seems the latest rally has caused them to change their tune, as they have started buying. BTC Price Bitcoin went up to $123,000 earlier, but it seems the asset has since seen a setback as its price is down to $119,900.

US benchmark indices inched upward on Monday, 14 July, with the S&P 500 rising 0.1% and the Nasdaq 100 gaining 0.3%, as investors looked ahead to the release of June's US Consumer Price Index (CPI) data and key Q2 earnings reports from major financial institutions including JPMorgan, Citigroup, Wells Fargo, and BlackRock. In the early Asian session today (9:00 a.m. SGT), the S&P 500 and Nasdaq 100 E-mini futures spiked 0.5%, pushing the US SPX 500 CFD Index and US Nasdaq 100 CFD Index toward key short-term resistance levels at 6,290 and 22,920, respectively. close Fig 2: EUR/USD minor trend as of 15 July 2025 (Source: TradingView) Fig 2: EUR/USD minor trend as of 15 July 2025 (Source: TradingView) The recent price actions and key technical elements of the EUR/USD suggest that the three-week period of minor corrective decline from the 1 July 2025 high may have ended, where the EUR/USD is likely in the process of forming a potential fresh bullish impulsive up move sequence within its ongoing medium-term uptrend phase. The hourly RSI momentum indicator has flashed out a bullish divergence condition since it reached its oversold region last Thursday, 10 July, and now managed to stage a bullish breakout above the 50 level (see Fig 2). Watch the 1.1630 key short-term pivotal support, and a clearance above 1.1710 (minor descending trendline that capped prior rebound since 3 July) increases the odds of the start of the bullish impulsive up move sequence for the next intermediate resistances to come in at 1.1770 and 1.1810/1.1825 in the first step. On the flip side, failure to hold at 1.1630 invalidates the bullish reversal scenario for an extension of the minor corrective decline to expose the next immediate support at 1.1580 (the lower boundary of the medium-term ascending channel from 13 May 2025 swing low). Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

A recent report has found that US President Donald Trump’s official memecoin, TRUMP, had a faster listing process on crypto exchanges than the average memecoin and generated millions of dollars in gains for the platforms. Crypto Exchanges Profit From TRUMP Memecoin On Monday, news agency Reuters shared an analysis of market data and industry announcements related to the listing of the official TRUMP memecoin on some of the biggest crypto exchanges by market share. In January, President Trump surprised the crypto industry after launching his official token ahead of the start of his presidency. The cryptocurrency quickly skyrocketed to its all-time high (ATH) of $75, yielding significant profits for many early investors. However, the memecoin faced heavy backlash from the community, with several investors calling the President’s crypto venture a “big red flag.” Notably, 80% of the cryptocurrency’s supply was held by the Trump family and their partners, raising concerns over “such a high concentration of ownership”, which can allow the team behind it to “sell large amounts of it at once, collapsing the price for retail investors,” Reuters noted. The report claims that exchanges have been “major beneficiaries of Trump’s embrace of the industry,” as TRUMP has generated millions of dollars in revenue for the 10 largest exchanges reviewed by Reuters. Based on standard fee estimates compiled for the analysis, the crypto platforms allegedly made more than $172 million in trading fees since the token’s listing. Additionally, the token has “favored a small group of investors,” with 45 crypto wallets making around $1.2 billion in profits over the past six months. Nonetheless, as the token trades at 87.1% below its ATH, 712,777 wallets accumulate a collective loss of $4.3 billion, according to Bubblemaps data. Presidential Token Saw Express Listing Process According to the report, the largest exchanges, including Binance, Gate.io, Bitget, MEXC, OKX, Coinbase, Bybit, Upbit, Crypto.com, and HTX, listed Trump’s token “with unusual speed” compared to other recent prominent memecoins, despite the industry’s concerns. Reuters’ analysis showed that eight of the 10 largest crypto exchanges listed TRUMP within the first 48 hours since its launch. Coinbase listed the memecoin three days later, while Upbit added the token nearly a month later, on February 13. Meanwhile, the same 10 exchanges took significantly more to list Pepe (PEPE), Bonk (BONK), Fartcoin (FARTCOIN), and dogwifhat (WIF), the four other largest memecoins launched since 2022. Per the report, all 10 exchanges listed PEPE and BONK, while nine listed WIF, and only seven listed FARTCOIN. For comparison, all 10 exchanges took an average of 129 days to list these tokens, but only took an average of four days to list the presidential memecoin. Bitget, MEXC, and Coinbase reportedly said they listed the token quickly to “respond to overwhelming demand for the $TRUMP coin.” Gracy Chen, Bitget’s CEO, explained in a statement that “the crypto space was buzzing with the hype and, as any other token with a growing craze, it was imperative to add TRUMP.” Chen told Reuters that Bitget also had concerns about the 80% supply figure but said the fact that the upcoming US president announced the coin on his social media accounts “should kind of solve the compliance issue.” “Ultimately, user trading volume, demand … overrode the so-called risky factor here,” Bidget CEO concluded. As of this writing, TRUMP trades at $9.43, a 2.6% decline in the daily timeframe.

Solana started a fresh increase above the $160 zone. SOL price is now correcting gains and might find bids near the $155 support zone SOL price started a fresh upward move above the $155 and $160 levels against the US Dollar. The price is now trading below $162 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $162 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $162 resistance zone. Solana Price Corrects Gains Solana price started a decent increase after it cleared the $160 resistance, like Bitcoin and Ethereum. SOL climbed above the $162 level to enter a short-term positive zone. However, the price is facing a major hurdle at $168 and $169. A high is formed at $168.60 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $158 swing low to the $168 high. Besides, there was a break below a key bullish trend line with support at $162 on the hourly chart of the SOL/USD pair. Solana is now trading below $162 and the 100-hourly simple moving average. It is also trading below the 76.4% Fib retracement level of the upward move from the $158 swing low to the $168 high. The price is now approaching the $158 support. On the upside, the price is facing resistance near the $160 level. The next major resistance is near the $162 level. The main resistance could be $1685. A successful close above the $168 resistance zone could set the pace for another steady increase. The next key resistance is $178. Any more gains might send the price toward the $185 level. More Losses in SOL? If SOL fails to rise above the $162 resistance, it could start another decline. Initial support on the downside is near the $158 zone. The first major support is near the $155 level. A break below the $155 level might send the price toward the $150 zone. If there is a close below the $150 support, the price could decline toward the $145 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $158 and $155. Major Resistance Levels – $162 and $168.

Today marks the start of the U.S. House’s first-ever “Crypto Week,” a move that puts digital asset legislation front and center in Washington. Lawmakers are gearing up to vote on a set of bills that could define how crypto is regulated in the years ahead. Congress Puts Digital Assets in Focus Three major bills are on the schedule. The first is the CLARITY Act, which aims to settle the long-standing question of whether crypto tokens are securities or commodities. It proposes a clear distinction to avoid confusion over which agency oversees what, and it would give developers more room to operate without running into unexpected legal challenges. Then there is the Anti-CBDC Surveillance State Act. This bill takes aim at any future U.S. central bank digital currency, limiting the government’s ability to use it as a tool for tracking personal transactions. Supporters say it is about safeguarding privacy, especially in a world where digital money is becoming more common. The third is the GENIUS Act, which has already passed the Senate. It lays out a federal framework for stablecoins, clarifying how they are issued, regulated, and backed. It is designed to give both issuers and users some basic rules of the road. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Political Backing Builds House Financial Services Chairman French Hill called the week an important step in getting overdue crypto regulation in place. He pointed out that the bills are the product of years of work and are meant to bring clarity without stifling innovation. Speaker Mike Johnson tied the effort to broader goals of economic leadership and financial independence. He also praised the coordination between committees, especially Financial Services and Agriculture, which both handle different parts of crypto regulation. XRPPriceMarket CapXRP$172.67B24h7d30d1yAll time Majority Leader Steve Scalise said the proposals strike a balance between market growth and privacy, signaling that House leadership is firmly behind the agenda. Several senators are also voicing their support. Lawmakers like Cynthia Lummis and Tim Scott have long pushed for digital asset rules, and they say this week’s momentum shows real progress on something that has dragged on for too long. DISCOVER: 20+ Next Crypto to Explode in 2025 Months in the Making This week’s votes follow a long run of committee hearings, closed-door meetings, and industry feedback sessions. The bills may sound technical, but they are being closely watched by companies in the space, who are eager for more certainty after years of mixed signals from regulators. Source: United States House Committee on Financial Services Last month, Chairman Hill appeared on CBS’s Face the Nation to outline how the legislation would tackle issues like custody, foreign interference, and investor protections. The timing is not accidental. Lawmakers want to get these bills through before Congress shifts focus to the election cycle. Looking Ahead If the bills pass, they will move to the Senate for further debate. Lawmakers are aiming to finalize legislation before the end of the quarter. Behind the scenes, they are already working to line up House and Senate versions of the GENIUS Act, hoping for a smoother path to final approval. Crypto Week is off to a fast start, and what happens over the next few days could have a lasting impact on how the United States approaches digital finance. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways U.S. lawmakers have kicked off “Crypto Week” with votes planned on three major bills that could shape future crypto regulation. The CLARITY Act aims to define whether tokens are securities or commodities, giving clearer rules to developers and investors. The Anti-CBDC Surveillance State Act would limit any future U.S. central bank digital currency, with a focus on protecting privacy. The GENIUS Act sets a national framework for stablecoins and has already passed the Senate, making it the most advanced proposal. Lawmakers from both parties say Crypto Week shows real progress, with leadership aiming to pass legislation before the election season begins. The post U.S. Lawmakers Kick Off ‘Crypto Week’ With Three Key Bills on the Table appeared first on 99Bitcoins.

Bitcoin just hit a fresh all-time high, crossing $120,000 for the first time. This new record is being driven by strong inflows into U.S.-listed spot bitcoin ETFs, which have seen a renewed wave of interest from both institutional and retail investors. ETF Demand Pours In As of Monday morning, Bitcoin was trading just above $120,000, gaining over 4 percent in 24 hours. The move caps off a sharp climb that began earlier this month when ETF inflows turned positive again. Just last Thursday, Bitcoin ETFs saw their largest day of inflows in 2025, at $1.18 billion. BlackRock’s iShares Bitcoin Trust saw some of the highest inflows, followed closely by Fidelity’s Wise Origin Bitcoin Fund. Combined, the two pulled in nearly $300 million on Friday alone. This is the second week in a row where spot bitcoin ETFs have seen significant inflows after a quiet June. Analysts say the return of strong demand from institutional buyers suggests growing confidence in bitcoin as a longer-term asset, especially in the face of rising global liquidity and interest rate uncertainty. A Look at the Bigger Picture Bitcoin’s climb to a new record comes just 90 days after the last halving event, a milestone that historically acts as a trigger for bull runs. Previous cycles have followed a similar pattern, with Bitcoin hitting new highs in the months that follow a halving due to a tighter supply dynamic and renewed attention from the broader market. Another factor is the broader macroeconomic backdrop. Investors are increasingly betting that the Federal Reserve is done raising interest rates and may pivot toward cuts in the next six to nine months. Lower rates tend to benefit risk-on assets like bitcoin, particularly when paired with strong ETF demand. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025 What This Means for Investors The recent move has reignited discussion about where bitcoin could head next. Some bulls are pointing to $150,000 as the next big milestone, while others warn that the market may be getting ahead of itself. With bitcoin already up more than 50 percent year-to-date, there are growing calls for caution, especially if ETF inflows cool or macro conditions shift again. BitcoinPriceMarket CapBTC$2.38T24h7d30d1yAll time Still, many believe the arrival of regulated, widely accessible investment vehicles like ETFs is fundamentally changing the way bitcoin is perceived. What was once seen as a volatile, fringe asset is now being included in more diversified portfolios and long-term strategies. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Ethereum and Altcoins Follow The rally isn’t just limited to Bitcoin. Ethereum has also climbed, crossing the $6,500 mark for the first time since early 2022. Other altcoins have joined the wave, with Solana, Avalanche, and Chainlink all posting double-digit gains over the past week. However, the focus remains squarely on bitcoin for now. It is the asset at the heart of the ETF inflows and continues to act as a bellwether for the entire market. What’s Next If ETF demand holds and macro conditions stay supportive, bitcoin could push further into uncharted territory. For now, the $120,000 mark is more than just a number. It is a signal that the crypto market is stepping into a new phase, one that may be less about hype and more about real adoption through regulated channels. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Bitcoin set a new record above $120,000 as spot ETF inflows accelerated, pulling in fresh institutional and retail money. BlackRock’s iShares and Fidelity’s Wise Origin funds led the surge, adding nearly $300 million in a single day and logging two straight weeks of net inflows. The rally comes 90 days after the latest halving and arrives alongside growing expectations that the Fed will move from steady rates to eventual cuts. Analysts are split: some target $150,000 next, while others warn momentum could cool if ETF demand eases or macro conditions change. Ethereum, Solana, Avalanche, and Chainlink also climbed, but Bitcoin remains the main story as regulated ETFs pull it deeper into mainstream portfolios. The post Bitcoin Breaks New Record, Blows Past $120,000 on ETF Momentum appeared first on 99Bitcoins.

Bitcoin surged to a new all-time high above $123,000 earlier today after crossing the $120,000 threshold late Sunday night. The move has added more than 10% to its value over the past week, pushing the global cryptocurrency market valuation above $3.87 trillion, inching toward the $4 trillion mark. The current rally has reignited discussions around volume dynamics and accumulation patterns, as analysts monitor potential early signals that may influence near-term market behavior. Two contributors to CryptoQuant’s QuickTake platform, BorisVest and Darkfost, have highlighted technical patterns that emerged before and during Bitcoin’s latest breakout. Their analyses suggest a combination of shrinking spot volume and surging accumulation activity may have played a role in driving prices higher. These insights provide a more nuanced view of the forces behind Bitcoin’s recent surge, particularly at a time when market participants weigh upside potential against the possibility of volatility in uncharted price zones. Volume Drop on Binance Preceded Breakout, Analyst Says According to BorisVest, a notable collapse in spot trading volume on Binance preceded Bitcoin’s move out of the $100,000 to $110,000 consolidation range. In his post titled “Binance Spot Volume Collapsed Before Bitcoin’s Breakout: Was It a Hidden Squeeze Signal?”, he explained that declining spot volumes often represent quiet periods of either accumulation or distribution. Binance, due to its liquidity depth and user base, is seen as a reliable proxy for broader crypto market behavior. BorisVest noted that once the breakout began, trading volume spiked sharply. While such spikes can indicate local tops or bottoms, in this case, the surge in volume did not trigger a reversal but instead accelerated the rally. “That’s a strong signal. If the move had no real backing, we would have seen a fast pullback. Instead, Bitcoin kept pushing higher,” he wrote. He emphasized that volume acts as a roadmap for identifying zones of trade concentration and potential shifts in sentiment, cautioning that while Bitcoin’s recent move appears structurally strong, market participants should be aware of the risks tied to high volatility zones. Accumulator Addresses Hit 2025 High Amid Price Surge In a separate update, CryptoQuant analyst Darkfost observed that Bitcoin “accumulator addresses,” wallets with a history of only buying and not selling BTC, have collectively acquired roughly 248,000 BTC in 2025 so far. This is well above the monthly average of 164,000 BTC, pointing to intensified buying activity in recent weeks. “These addresses have no history of distribution and their continued activity at current price levels indicates long-term positioning,” he said. Darkfost also cautioned that if Bitcoin enters a correction or consolidation phase, some of these wallets could begin selling, which would disqualify them as accumulators and potentially introduce significant selling pressure. At today’s prices, the accumulated 248,000 BTC are worth about $30 billion. For now, however, this cohort’s behavior reflects strong confidence in Bitcoin’s long-term trajectory, even as the asset trades at record highs. Featured image created with DALL-E, Chart from TradingView

XRP price started a fresh increase and traded above the $3.00 zone. The price is now correcting gains and might test the $2.75 support zone. XRP price started a fresh increase above the $2.850 zone. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.750 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.650 level, like Bitcoin and Ethereum. The price was able to climb above the $2.80 resistance level. The recent move was positive and the bulls pushed the price above the $3.00 level. A high was formed at $3.0324 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $2.660 swing low to the $3.0324 high. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.820 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.920 level. The first major resistance is near the $2.950 level. A clear move above the $2.950 resistance might send the price toward the $3.020 resistance. Any more gains might send the price toward the $3.080 resistance or even $3.120 in the near term. The next major hurdle for the bulls might be near the $3.20 zone. More Downsides? If XRP fails to clear the $2.950 resistance zone, it could start another decline. Initial support on the downside is near the $2.820 level and the trend line zone. The next major support is near the $2.80 level and the 76.4% Fib retracement level of the upward move from the $2.660 swing low to the $3.0324 high. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward the $2.750 support. The next major support sits near the $2.650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.820 and $2.750. Major Resistance Levels – $2.950 and $3.020.

Ethereum price started a fresh increase above the $3,000 zone. ETH is now consolidating gains and might correct lower toward the $2,900 zone. Ethereum started a fresh increase above the $3,000 level. The price is trading near $2,940 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,900 zone in the near term. Ethereum Price Rallies Above $3,000 Ethereum price started a fresh increase above the $2,800 zone, like Bitcoin. ETH price gained pace for a move above the $2,880 resistance zone and entered a positive zone. The bulls even pumped the price above $2,920. Finally, it tested the $3,080 zone. A high was formed at $3,081 and the price is now consolidating gains. There was a move below the 50% Fib retracement level of the upward move from the $2,905 swing low to the $3,081 high. Besides, there was a break below a key bullish trend line with support at $2,980 on the hourly chart of ETH/USD. Ethereum price is now trading near $2,940 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,980 level. The next key resistance is near the $3,000 level. The first major resistance is near the $3,040 level. A clear move above the $3,040 resistance might send the price toward the $3,080 resistance. An upside break above the $3,080 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,200 resistance zone or even $3,220 in the near term. Are Downsides Supported In ETH? If Ethereum fails to clear the $3,000 resistance, it could start a downside correction. Initial support on the downside is near the $2,940 level and the 76.4% Fib retracement level of the upward move from the $2,905 swing low to the $3,081 high. The first major support sits near the $2,900 zone. A clear move below the $2,900 support might push the price toward the $2,800 support. Any more losses might send the price toward the $2,720 support level in the near term. The next key support sits at $2,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,900 Major Resistance Level – $3,000

Bitcoin (BTC) surged to a new all-time high (ATH) of $123,218 earlier today, pushing its market cap beyond $2.4 trillion. However, exchange data shows a sharp increase in BTC inflows following this milestone, raising concerns of a potential short-term correction. Bitcoin Exchange Inflows Warn Of Pullback According to a CryptoQuant Quicktake post by contributor Tarekonchain, BTC is beginning to show signs of short-term cooling. Notably, exchange inflows recorded a sharp uptick right after Bitcoin hit its fresh ATH. The following chart shared by the analyst highlights exchange netflows to spot platforms, with notable spikes in inflows to centralized exchanges. This typically indicates profit-taking behavior by short-term holders and some whales. Tarekonchain noted that such on-chain activity is usually indicative of a local top that could lead to a healthy price correction or consolidation in the coming days. They added: It’s a classic pattern we’ve seen after previous parabolic rallies – profits are realized, weak hands exit, and price finds a new base. That said, the analyst noted that despite the warning signs of a looming price correction, the overall market structure remains largely bullish. For instance, long-term holders are still holding their BTC, not keen on selling at current price levels. Supporting the bullish thesis, spot Bitcoin exchange-traded funds (ETFs) continue to attract strong capital. For the week ending July 11, they saw $2.72 billion in net inflows – a clear sign of ongoing institutional interest. Whales Preparing To Sell? In a separate post, CryptoQuant contributor Crazzyblockk pointed to an uptick in whale activity on Binance. The Binance Whale Activity Score shows that deposits from large wallets have spiked dramatically. Whales reportedly deposited as much as 1,800 BTC to Binance in a single day, with more than 35% of transactions valued at over $1 million, hinting at strategic positioning ahead of expected volatility. Crazzyblockk highlighted two possible scenarios following the surge in deposits from large-scale investors. First, it is likely that these investors are sitting on healthy profits and may be getting ready to secure some gains after a historic run. Alternatively, they might be aiming to leverage Binance’s deep liquidity to hedge or open new positions as the market experiences heightened volatility. Either way, this sell-side pressure on Binance is likely to weigh on BTC’s bullish momentum. Despite rising inflows and increased whale activity, market sentiment remains broadly positive. Retail investor participation is still muted compared to previous bull runs, suggesting the current rally might still have room to grow. At press time, BTC trades at $119,449, up 0.8% in the past 24 hours.

Bitcoin price started a fresh increase above the $118,500 zone. BTC traded to a new high above $120,000 and recently started a downside correction. Bitcoin started a fresh increase above the $120,000 zone. The price is trading near $118,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $119,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,500 resistance zone. Bitcoin Price Sets New ATH Bitcoin price started a fresh increase after it cleared the $116,500 resistance zone. BTC gained pace for a move above the $118,000 and $120,000 resistance. The bulls even pumped the pair above the $122,000 resistance zone. A new all-time high was formed at $123,140 and the price is now consolidating gains. There was a move below the 23.6% Fib retracement level of the upward move from the $108,636 swing low to the $123,140 high. Besides, there was a break below a bullish trend line with support at $119,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading near $118,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $119,550 level. The first key resistance is near the $120,500 level. The next resistance could be $122,000. A close above the $122,000 resistance might send the price further higher. In the stated case, the price could rise and test the $123,200 resistance level. Any more gains might send the price toward the $125,000 level. The main target could be $130,000. Downside Correction In BTC? If Bitcoin fails to rise above the $120,500 resistance zone, it could start a downside correction. Immediate support is near the $117,500 level. The first major support is near the $115,800 level or the 50% Fib retracement level of the upward move from the $108,636 swing low to the $123,140 high. The next support is now near the $114,000 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, 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 – $117,500, followed by $115,800. Major Resistance Levels – $120,500 and $122,000.

Bitcoin has set a new all-time high (ATH) around $123,000, but cryptocurrency market inflows are still far from the peak observed back in 2024. Crypto Capital Inflows Are Currently Sitting At $51 Billion As pointed out by analyst Ali Martinez in a new post on X, there is a stark difference in capital participation between the current Bitcoin rally and the one from December 2024. Below is the chart shared by the analyst that compares the two bull runs. The graph captures the 30-day capital flows occurring for Bitcoin, Ethereum, and the stablecoins. For the former two assets, it tracks them using the Realized Cap indicator. The Realized Cap is a capitalization model that calculates a given cryptocurrency’s total value by assuming that each coin in the circulating supply has its value equal to the last time it changed hands on the network. In short, what the metric represents is the amount of capital that investors of the asset as a whole have put into it. Changes in this indicator, therefore, correspond to the entry or exit of capital into the network. As is visible in the chart, the 30-day Realized Cap change for Bitcoin and Ethereum (colored in orange) has gone up alongside the latest price rally, indicating that capital has flowed into these coins. It’s also apparent that stablecoin flows (blue) have also noted an uptick, although the scale has been smaller. For stables, capital flow can be directly measured using the market cap, since their price is always pegged to $1 means that the Realized Cap never differs from the market cap. In the cryptocurrency sector, capital mainly comes in through three entry points: Bitcoin, Ethereum, and stablecoins. The altcoins usually only receive a rotation of capital from these assets. Since the flows related to the three have recently been positive, the market as a whole has been getting an injection of capital. In total, the aggregate capital inflows for the cryptocurrency sector have stood at $51.2 billion for the past month. This is certainly a sizeable figure on its own, but it pales in comparison to what was witnessed before. As Martinez has highlighted in the chart, the monthly capital flows peaked at almost $135 billion in the December 2024 Bitcoin rally above $100,000, more than double the latest number. Something to keep in mind, however, is the fact that the previous run was more explosive, while the latest one has come in two waves: an initial recovery surge above $100,000 that led into a consolidation phase and the current breakout into the $120,000 levels. This could, at least in part, explain why the metric has appeared relatively cool recently. Bitcoin Price At the time of writing, Bitcoin is trading around $121,700, up nearly 3% over the last 24 hours.

Bitcoin has reached new milestones this week, briefly breaking above the $123,000 mark earlier today before retracing slightly to $121,812 at the time of writing. This follows a week of strong gains, with BTC rising by more than 10% amid a broader uptrend in the cryptocurrency market. Despite the minor pullback, market analysts are closely monitoring on-chain and derivatives data to assess whether momentum is building toward a more aggressive phase of the rally. The recent surge has also benefited the broader cryptocurrency ecosystem, lifting total global crypto market capitalization to just under $4 trillion. While Bitcoin continues to dominate in terms of volume and influence, sentiment metrics suggest that traders and investors may still be approaching with measured optimism. According to analysts, several indicators are now pointing to a potential shift in market dynamics that could influence Bitcoin’s next major move. Market Euphoria Not Yet Confirmed CryptoQuant contributor Joao Wedson has offered insights into the current structure of the Bitcoin market through an analysis of the price gap between spot and perpetual futures contracts on Binance. In a recent QuickTake post, Wedson noted that the spot price of Bitcoin continues to outpace the perpetual futures price, a sign that market sentiment has not yet tipped into full euphoria. Historically, a positive gap between the two markets has signaled increased speculative activity and the onset of parabolic rallies. “The gap is still in negative territory,” Wedson stated, “but the narrowing trend indicates that sentiment may be transitioning from cautious to more optimistic.” The analysis implies that traders in the futures market have yet to aggressively price in further upside, possibly waiting for stronger confirmation before deploying leverage. Should this gap flip to positive territory, it could be interpreted as a sign of increased risk appetite, potentially fueling a sharper upward move. Wedson also emphasized the importance of monitoring how derivatives markets respond in the coming days. “If the trend continues and flips positive, we could see a more intense phase of the rally driven by leveraged traders,” he wrote. Until then, the current environment appears to reflect a market in the process of building a foundation, rather than one that has already entered a euphoric phase. Bitcoin Profit-Taking Remains Measured In another analysis, CryptoQuant’s Enigma Trader examined the Spent Output Profit Ratio (SOPR), a key indicator used to evaluate the extent of realized profits by Bitcoin holders. According to the post, SOPR levels have remained moderately above 1 as BTC hit new highs, suggesting that some profit-taking is occurring, but not at a rate that disrupts the broader trend. The analyst observed that a spike in SOPR around July 3–4 coincided with short-term holders taking profits. However, this activity did not result in significant downward pressure on price. “This behavior points to a healthy price discovery process,” Enigma Trader noted, adding that such conditions typically support continued upward movement when demand remains intact. Featured image created with DALL-E, Chart from TradingView

Brazil Potash (NYSE: GRO), a mineral exploration and development company announced Monday the signing of a non-binding Memorandum of Understanding (MOU) with the infrastructure division of Fictor Group, a leading Brazilian private equity firm, outlining terms for Fictor Energia to fund $200 million in power transmission construction costs for the Autazes potash project while securing long-term energy supply and a $20 million strategic equity investment. Under the terms of the MOU, Fictor Energia would undertake complete development, permitting, construction, and operation of the power transmission infrastructure to supply 300MW per year of ~80% renewable sourced Brazil grid electricity for the Autazes project through a Build, Own, Transfer model. After 25 years of operation, ownership of the electrical power line and associated substation to be transferred to Brazil Potash. After facing headwinds due to some opposition by Indigenous groups, the state of Amazonas issued Brazil Potash last year the license to build the Autazes project, pegged to be the largest fertilizer mine in Latin America within the Amazon rainforest. Fictor Energia assumes full responsibility for the ~$200 million power transmission capital expenditure, removing this major infrastructure investment from Brazil potash’s construction budget. Fictor also plans to invest $20 million equity into Brazil Potash in two tranches: $2 million upon signing of the definitive partnership agreement; and $18 million upon receipt of the power line installation license. The parties will work toward execution of definitive agreements, with Fictor Energia immediately beginning preliminary engineering and regulatory processes. The power transmission infrastructure would be expected to be completed and operational by July 2029, aligning with the Autazes Project’s planned production timeline. The proposed mine and processing facilities in Autazes, 75 miles (120 kms) southeast of the Amazonas state capital Manaus, would require about three years to build, the company has said.

Bitcoin (BTC) has reignited market excitement after smashing through the $123,000 level. Currently, technical indicators, surging liquidity, and macroeconomic tailwinds have analysts predicting that the leading cryptocurrency is on the verge of a parabolic surge to a $140,000 top in the next few weeks. $140,000 Set As Bitcoin Next Top Target The Bitcoin price is exhibiting remarkable strength as it continues its parabolic advance beyond the $123,000 range. Technical indicators identified by crypto analyst Mr. Wall Street are now aligning around a new short-term target between $135,000 and $140,000. According to the market expert’s chart report, BTC has successfully broken out of a Broadening Wedge pattern after consolidating between a descending support and horizontal resistance for nearly two months. The decisive breakout above the $112,000 resistance validates the analyst’s earlier bullish projections. Initially, the analyst proposed two possible scenarios: A breakout above all-time highs around $112,000 leading directly to a $117,000-$120,000 rally or a brief dip to $92,000 to fill the CME gap before continuing up toward the same target zone. Based on its recent price movement, Bitcoin has chosen to follow the first scenario, underscoring the strength of its bullish momentum and signaling that short-term Fear, Uncertainty, and Doubt (FUD) has had little to no effect. With the second scenario officially invalidated, BTC’s price trajectory is seemingly clearer and higher. The recent surge above $123,000 has also spotlighted the next major liquidity pool between $135,000 and $140,000. The chart highlights that reaching this zone would liquidate over $45 billion in short positions. Following this, the next target zone sits between $160,000 and $170,000, threatening another $70 billion in short liquidations. M2 Surge And MACD Fuel BTC’s Bullish Case Mr. Wall Street’s bullish setup for Bitcoin is further supported by macroeconomic and key chart indicators. The analyst pointed to US President Donald Trump’s recent approval of a bill to raise the country’s debt ceiling—a move that signals accelerating debt growth. This, in turn, is expected to expand M2 money supply, which historically correlates with rising prices for assets like Bitcoin. BTC’s Moving Average Convergence Divergence (MACD) also remains fully intact across all time frames, while the Market Value to Realized Value (MVRV) ratio is still well below historic top levels. In addition, the Relative Strength Index (RSI) has yet to enter overbought territory. These indicators confirm that Bitcoin is still far from a macro top, making the $135,000 – $140,000 range a plausible interim target. Looking ahead, Mr. Wall Street emphasizes that Bitcoin has entered a supercycle, a phase where the market is marked by price discovery. While he acknowledges the possibility of a short-term retest of the $112,000 level before continuing upward, the analyst maintains that, regardless of minor pullbacks, the price action from here is likely to be swift and aggressive.

Crypto analyst Investing Broz has spotlighted Cardano (ADA) as one of the most promising altcoins currently breaking out amid a shifting macro landscape and rising Bitcoin valuations. In his latest video update, the analyst identified ADA’s recent technical breakout as a clear sign of bullish momentum, forecasting a price target of $1.90 in the coming weeks if momentum holds. Cardano Bull Run Is Back On Investing Broz began the segment by reiterating the broader context: Bitcoin’s explosive rally above the $120,000 mark has reignited speculation around the arrival of altseason. “This is just one more egg in the basket of potentially altcoin season coming very soon,” he noted, citing Bitcoin dominance breaking below a critical support level and altcoins “going berserk.” Among the altcoins leading the charge, Cardano stood out. The analyst confirmed that he purchased ADA in the past 24 hours, identifying the move as more than just opportunistic. The trigger? A confirmed breakout above a long-standing resistance level that ADA hadn’t pierced since March 1. “This is a major win for Cardano holders who are trading it,” he said, explaining that a falling wedge pattern had been developing for weeks and now signaled a shift in trend. Investing Broz’s trading group had initially positioned long at $0.54, with a modest target of $0.80. But as he emphasized, “Cardano is not just breaking above the smaller resistance level—we’re breaking above a resistance level we haven’t been back above since March.” That March breakout, he reminded viewers, was spurred by a now-infamous Donald Trump tweet listing altcoins deemed suitable for a proposed American crypto reserve. While that spike proved short-lived, the current breakout is, in his view, fundamentally and technically sound. To calculate a realistic upside scenario, he applied the traditional breakout target technique by measuring the height of the formation and projecting it forward. “This would give you a Cardano price prediction of $1.90,” he stated, while also noting that such a target might be ambitious for a summer timeframe. Still, “it’s absolutely doable and definitely something you guys should be keeping an eye on.” The analyst reinforced his bullish outlook using confirmation from the LuxAlgo indicator suite, which flashed a weekly buy signal—featuring a green reversal, bullish momentum, and positive money flow. Based on this, he offered a more immediate price range between $1.00 and $1.80. “I don’t think we’re going to stop at $1.80, but I think it’s a target to keep an eye on if you’re looking for a trade,” he said. Beyond that, a golden pocket Fibonacci extension points to a key level of $2.42 by year’s end. However, Investing Broz was quick to clarify that these are not his full-cycle targets for ADA. “This is not my long-term bullish price prediction for this bull market,” he emphasized. “This is simply tradable movements that I still think can happen over the next couple of weeks.” His earlier predictions suggested ADA could hit $7 to $10 by the cycle top—possibly extending into 2026 or even 2027. Throughout the segment, he stressed the importance of knowing when to take profit. “Every bull market has volatility. Cardano… is going to have volatile movements where they rally and then pull back,” he advised. For short-term traders, targets around $1.80 to $2.40 may present ideal levels to secure gains or even explore short positions if momentum wanes. While ADA is not the only altcoin the analyst is tracking—Ono and HAR were also highlighted for similar breakout behavior—Cardano’s confluence of technical strength, historical resistance flip, and volume surge make it a standout in the current environment. As the analyst concluded, “There’s still time… this is a major breakout, and if you’re a trader, this is what you wait for.” Cardano, for now, has flashed its signal. Whether it makes good on the $1.90 target may depend not only on its own momentum, but on the broader timing of altseason’s long-awaited arrival. At press time, ADA stood at $0.7447.

The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure remains bullish and steadily climbing within a rising trend channel. However, the potential upper targets have also moved higher, and might open the door to unprecedented price levels in the weeks ahead. Why The Bull Market Delay Might Be Good News Global uncertainties have delayed the second and possibly final phase of the current bull market in cryptocurrencies. According to master kenobi’s post on X, he noted that these delays may end up working in our favor. While Bitcoin and altcoins have remained within the boundaries of an ascending trend channel, the upper and lower limits of this channel are steadily rising, and showing resilience in market structure despite the external hesitation. If the second phase of the bull market ignited in April, projections suggest that the BTC upper limit might have topped out between $134,000 and $155,000. However, as this didn’t happen, the upper limit has continued to climb, and if the 50-day pump pattern holds, the upper limit could be reached around August 11, at a range of $169,000 and $197,000. Naturally, this requires relative global stability. “Let’s hope for another 30 days of calm, as 20 days have already passed,” the analyst added. Why Bitcoin Surge Is A Market-Wide Trigger In an X post, Davie Satoshi also mentioned that Bitcoin is on the verge of something big, that BTC is hovering in the middle of a multi-year bullish channel. It has been marked by long-standing green trendlines, and has just broken through the resistance level, which is indicated by a blue dotted horizontal line that has capped upside momentum until now. Every time the Stoch Relative Strength Index (RSI) crosses over on the monthly chart, it leads to an explosive rally, and with the crossover freshly triggered, many see this as the start of something big and not just for Bitcoin. The analyst stated that a rising tide lifts all boats, and that Bitcoin has always been the bellwether of the crypto market. They also suggest that BTC price could surge toward $180,000 to $200,000, with a potential top forming around late August to September, which will be followed by alt season and peaking in Q4 2025 to Q1 2026. The memecoins and altcoins continue to dominate the narrative in the crypto space this year. The next NFT season two will begin in January 2026, followed by the Bitcoin Ordinals in mid-year 2026. “It’s always a cycle, and Not Financial Advice, so gamble responsibly,” he added.