Todas Atividades

The Australian dollar is sharply lower on Thursday. In the European session, AUD/USD is trading at 0.6467, down 0.93% on the day. Earlier, the Australian dollar fell as low as 0.6461, its lowest level since June 24. Australian job growth slides, unemployment jumps Australia's June employment report was much softer than expected and investors responded by sending the Australian to a three-week low. Job growth showed a marginal gain of two thousand, following a revised -1.1 thousand in May and well off the market estimate of 20 thousand. Full time employment slid by 38.2 thousand, after a revised gain of 41.9 thousand in May. The unemployment rate, which had held at 4.1% for five consecutive months, jumped to 4.3%, the highest jobless rate since Nov. 2021. 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.

Asian Market Wrap - Citi Upgrade China Equities to Overweight The Dollar regained some ground on Thursday as Treasury yields rose after a chaotic session driven by speculation about Fed Chair Powell’s future. The Dollar strengthened against all major currencies, continuing its rally this month. The Yen dropped to 148.51 per Dollar, with some experts predicting it could fall below 150. S&P 500 futures dipped 0.2% after U.S. stocks rallied when Trump downplayed firing Powell. Treasury yields rose, with 10-year rates up two basis points to 4.47%. Asian stocks traded in a tight range. close Source: TradingView.com (click to enlarge) Source: TradingView.com (click to enlarge) Support 240002370023471Resistance 243352450024645Follow 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.

Swedish Refine Group just shook things up. On the 16th of July 2025, the Stockholm-based digital commerce firm dropped a $1 million Bitcoin treasury play and launched a “Digital Assets” division to ride the crypto wave. They didn’t just buy BTC ▲0.20%, but they reshaped their whole cap table. By issuing new shares at a discount, Refine pulled in 10 million SEK, diluted existing holders by 45%, and brought Caldas Capital into the driver’s seat. Welcome to the Bitcoin per Share era. BitcoinPriceMarket CapBTC$2.37T24h7d30d1yAll time Refine’s Group Bitcoin Bet: A High-Stakes Treasury Shift With Web3 Ambitions Swedish Refine Group dived into the world of Bitcoin. The company announced a new treasury strategy with plans to hold BTC as a core asset. Aiming to diversify away from fiat and position itself in the web3 ecosystem. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now The company’s future now faces Bitcoin’s price volatility. If BTC moons, shareholders win big. If not, Refine may find itself answering tough questions. Either way, the company has made its stance clear. Building in the digital future, not just watching from the sidelines. Shareholders Shake-Up: Dilution Discounts and a Strategic Power Move Pulling off a Bitcoin treasury pivot doesn’t come cheap, and Refine funded its move by reshaping its cap structure. The firm issued 54,37 million new shares at 0.1839 SEK each, a 20% discount from the 7-day average weighted price. This boosted the total number of shares from 67,5 million to nearly 122 million, triggering more than 80% dilution for existing holders. That is a full-scale capital realignment, and it brought in a new power player. Caldas Capital, led by João Caldas, is now the company’s largest shareholder. (SOURCE) This isn’t just about one BTC buy, we are talking about a vote of confidence in Refine’s digital direction. Caldas Capital stepping in sends a message that institutional players see long-term upside in Bitcoin-backed treasury models, especially in tech-forward Nordic markets. The share capital jumped from 6,75M SEK to 12,19M SEK, giving Refine the firepower to raise the bar. With more expectations, especially from a now-wider pool of investors. For current shareholders, this move is a double-edged sword. On one hand,d they’re getting exposure to Bitcoin via equity without having to touch cold wallets. On the other hand, their slice of the pie just shrank by nearly half. Bitcoin per Share metric right now soothes some nerves, but it doesn’t erase dilution. Still, if Bitcoin rallies and Refine leverages its new alliance well, today’s pain could mean tomorrow’s upside. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Refine Group adds $1 million in Bitcoin to their portfolio. Caldas Capital biggest shareholder in the Refine Group. The post Swedish Refine Group Follows In Strategy’s Footsteps: Initiates $1M Bitcoin Treasury Strategy appeared first on 99Bitcoins.

Overview: A natural experiment of sorts unfolded yesterday. Heightened speculation, fanned in part by the White House itself, that after several threats, President Trump was going to fire Fed Chair Powell. Short-term rates fell but the curve steepened, the greenback sold off sharply, and stocks skidded lower. The main narrative is that seeing the carnage, like in early April, spurred the president to deny such intentions and the markets recovered even if not fully. The dollar has come back bid today but mostly inside yesterday's wide ranges. While both the UK and Australia reported disappointing employment data, sterling is the best performer in the G10, sporting a minor loss, while the Aussie has fallen to a new low for the month (~$0.6460). The greenback is firmer against most emerging market currencies, as well, and that includes the Chinese yuan, despite the PBOC setting the dollar's reference rate at its lowest level since early last November. Equities are firmer. Most of the large bourses in Asia Pacific rose today, with the notable exceptions of Hong Kong and India. Europe's Stoxx 600 is snapping a four-day decline, and US index futures are posting small gains. Bond markets are mostly firmer, though the disappointing Australian labor report saw the 10-year yield tumble five basis points. Benchmark 10-year yields are 1-2 bp higher in Europe, including the UK Gilts. The 10-year US Treasury yield is up slightly to about 4.46%. Gold has surrendered the lion's share of yesterday's gains and looks poised to challenge the lows from Tuesday and Wednesday (~$3319-$3320). August WTI is consolidating quietly in a roughly $66.30-$67.00 range. USD: The Dollar Index reached 98.90 in early North American trading yesterday before the speculation that Fed Chair Powell was about to be fired saw it reverse lower and fall to about 97.70, where the 20-day moving average is found. On Trump's denial, the Dollar Index recovered met the (61.8%) retracement of the drop, reaching ~98.50, which is also near the low seen in European turnover earlier Wednesday. It extended the recovery today to 98.80, leaving yesterday's high intact so far. The US has a packed economic diary today. First up are June retail sales. A small rise is expected after the first back-to-back decline since Oct-Nov 2023. Retail sales are a subset of consumption and real personal spending was flat in Q1 (4.4% annualized in Q4 24) and is contracting in Q2 with April and May data in hand. At the same time, June import and export prices will be reported. The Trump administration maintains there is not imported inflation, and we should not believe our lying eyes. Import prices rose at an annualized rate of less than 0.5% in Q1 after a 1.2% annualized rate in Q4 24. However, a 0.3% increase that the median economist forecast in Bloomberg's survey would translate into a 1.6% annualized rate in Q2. And this was partly evident in the CPI data that has already been released. Weekly jobless claims are due at the same time. They have fallen for the past four weeks, but are expected to have risen in the week ending July 12, which covers the week that nonfarm payrolls surveys are conducted. Business inventories may also draw more attention than usual. Many observers are concerned that after building inventories in Q1 25, businesses are thought to be drawing them down now. When this process is completed, many expected businesses to raise prices. Business inventories rose at an annual rate of 2.8%. They were flat in April, and are expected to be flat in May, too. Late today, the May TIC data will be reported. Despite the mainstream narrative's emphasis on the loss of American exceptionalism, and that lack of demand for US assets, the TIC data has shown a significantly different story. It showed that foreign investors bought a net $433 bln of US stocks and bonds in the first four months of this year compared with a little more than $28 bln in the first four months of 2024. EURO: It took the White House trial balloon of firing Fed Chair Powell to halt the euro's five-day slide. Initially, like on Tuesday, North American participants showed their hand earlier to buy US dollars, even though the PPI was softer than expected. The euro was sold slightly through $1.1565, its lowest level since June 23. When news hit about Trump asking a closed-door session of Republican representative about firing Powell on Tuesday, and reportedly was encouraged to do so, and followed by an unnamed White House official saying it was going to happen, and a national newspaper reportedly claiming a letter to dismiss Powell had already been drafted, the euro rallied to $1.1720, a four-day high. Catching North American dealers wrongfooted may have exacerbated the move. When the White House walked back from the story, the euro pulled back to about $1.1610. The pullback was extended today to slightly below $1.1575, slightly above yesterday's low, before catching a bid in early European turnover to probe above $1.1600. CNY: The dollar traded above CNH7.19 briefly and barely yesterday for the first time since June 23. In the carnage, the greenback fell to new session lows, slightly below CNH7.17. It settled a little below CNH7.18. The technical picture has not changed, and the trend is sideways. It is trading quietly today between about CNH7.1780-CNH7.1865. The PBOC set the dollar's reference rate at CNY1.1461 (CNY7.1526 yesterday). This is the lowest dollar fix since early last November, and the lower fix today, the first this week, offsets in the full the small higher settings seen in the last three sessions. There seems to a consensus emerging that China is going to be one of the biggest beneficiaries of the disruption spurred by the Trump administration. In places, it is pulling back, China's is pushing ahead. It got access to Nvidia AI chips and other technology in exchange Beijing promising to maintain what it had been doing until very recently and that is provide rare earths and magnets to global manufacturers. China's dominance of the production and intellectual property (and extend the argument to drones and EV batteries) will give pricing power that will discourage private foreign producers. Moreover, in those areas, and others, in a reversal of fortune, China is worried about the theft of its IP. JPY: The dollar reached almost JPY149.20 before reversing lower on the broad sell-off in the North American morning. It was sold slightly through JPY147 before stabilizing. On the rebound, the greenback recovered to almost JPY148.40, which was around the session lows in local trading and in Europe. The dollar found bids near JPY147.75 and recovered to around JPY148.80. There is a strong seasonal bias toward improvement in Japan's trade balance in June (failed to do so only once in the past 20 years), and this year is not an exception. May's nearly JPY639 bln trade deficit swung to a JPY153 bln surplus in June. In H1 24, Japan reported a cumulative trade deficit of JPY3.37 trillion. In H1 25 and a JPY2.22 trillion deficit. Separately, the MoF weekly portfolio flow data show Japanese investors have stepped up their purchases of foreign stocks and bonds this year compared with last year. For their part, foreign investors have bought more Japanese bonds this year than last year but fewer Japanese stocks. GBP: Sterling snapped an eight-day losing streak yesterday. It was all about the dollar and market positioning, not something attractive about sterling per se. It traded about 1/10 of a cent below the June 23 low to about $1.3365, its lowest level since May 20, before resurging higher. It reached almost $1.3485. As soon as the buying was exhausted and the denial came out, sterling sulked back to $1.3400. It was unable to trade much above $1.3440 in the North American afternoon, and it has not traded above $1.3430 today, but held slightly above yesterday's low. After reporting an unexpected economic contraction in May and strong June inflation, the UK reported another soft employment report earlier today. The number of employees on payrolls fell for the fifth consecutive month in June, for an overall loss of about 143k positions. The unemployment rate ticked up to 4.7% from 4.6%. On the eve of the election last July, the unemployment rate was 4.2%. The weakening of the labor market is also reflected in the decline in average weekly earnings (with and without bonus payments and excluding the public sector). The swaps market continues to price in high confidence of a rate cut next month and another in Q4. The year-end base rate is seen at 3.72%, which is around six basis points higher than at the end of June. It is now at 4.25%. CAD: The US dollar was bid to CAD1.3755 in early North American activity yesterday, a new high for the month. The trail balloon was like a lead zeppelin and the greenback tumbled to around CAD1.3680. It held today and the US dollar returned to almost yesterday's high in Europe today. A move above CAD1.3760 targets the CAD1.3800 area. Canada reports May portfolio flows today. In the first four months of 2024, foreign investors bought a net of about C$64 bln of Canadian stocks and bonds. In January-April this year, foreign investors were net sellers about C$15 bln of Canada's financial assets. However, one cannot simply go from portfolio flows to currency performance. In the first four months of last year, the Canadian dollar fell by almost 4% against the US dollar and rose by about 4.25% in the same period this year. AUD: The Australian dollar was sold through $0.6500 in early North American activity yesterday, but held above the month's low (~$0.6485) and recovered in the broad US dollar sell-off to around $0.6565. The disappointing employment report saw the Aussie fall to almost $0.6460 to approach the (61.8%) retracement of the gains since the June 23 low. Australia grew about 2k jobs last month, about a tenth of what the median economist projected in the Bloomberg survey. The loss of 38.2k full time posts nearly offset in full the revised 41.9k increase in May (initially 38.7k). The unemployment rate jumped to 4.3% from 4.1%, a new cyclical high. Part of the increase could be explained by the rise in the participation rate to 67.1% from 67.0%. MXN: The US dollar was bid in early North American trading yesterday and set the session high near MXN18.8480. Tuesday's high was near MXN18.8850. The "firing of Powell" meme drove the greenback to around MXN18.6780. The dollar is consolidating firmly today between about MXN18.7025 to MXN18.8200. A break of MXN18.65 would suggest the greenback's upside correction has run its course, but first the greenback looks poised to probe higher back and may test the MXN18.88 area. Disclaimer

Crypto strategist Pentoshi put the market on notice in a late‑Tuesday post. “With XRP it held up for the past 7 months while most of the market nuked and kept this structure. It arguably has little resistance from here because it never spent time trading here on the verge of price discovery,” he wrote, adding that a cluster of regulatory and corporate tailwinds “is a pretty good setup into decent tailwinds and so far has traded very cleanly.” By Wednesday afternoon XRP was changing hands at $3.08, up roughly 27 percent on the week and hovering just below its highest close since the 2021 cycle high. Daily volumes have topped US $8.5 billion and momentum indicators on major venues show relative‑strength indexes back in “buy” territory, underscoring Pentoshi’s contention that overhead supply is thin. Upcoming XRP Price Catalysts The first fundamental catalyst is Washington’s sudden enthusiasm for federal stablecoin rules. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act sailed through the Senate in June and secured the votes it needs in the House this week after an eleventh‑hour whip by President Donald Trump. House Majority Leader Steve Scalise told reporters, “We’re back on track … all three bills will be encompassed in the work we do today,” referring also to the CLARITY and Anti‑CBDC acts. Ripple, which launched its dollar‑backed RLUSD last December, is already positioning for that environment. On 2 July the company filed for a US national bank charter and a Federal Reserve master account that would let it custody RLUSD reserves directly at the Fed. Two weeks later it confirmed plans to secure an EU electronic‑money‑institution licence under MiCA; a company spokesperson said Ripple aims “to become MiCA‑compliant” because it sees “significant opportunity in the European market.” The second driver is the near‑resolution of Ripple’s grinding courtroom saga. On 26 June, when US District Judge Analisa Torres rebuffed a joint motion by Ripple and the SEC that would have vacated her permanent injunction and sliced the civil penalty from $125 million to $50 million, ruling the parties had “not come close” to establishing the “exceptional circumstances” required to alter a final judgment. The next day CEO Brad Garlinghouse announced on X that Ripple will drop its own cross‑appeal and “close this chapter once and for all,” adding that he expects the SEC to withdraw its appeal as well. For now, however, Torres’s injunction and the full $125 million penalty remain in force, leaving any definitive resolution, however, the end has never been closer. With the litigation roadblock largely cleared, exchange‑traded‑fund issuers have accelerated filings. ProShares on 15 July rolled out 2× leveraged futures funds tied to Solana and XRP, noting that spot‑based products remain in the SEC queue. Only a week earlier, the agency issued new disclosure guidance meant to streamline crypto‑ETF approvals. Trump Media & Technology Group has even asked the SEC to sign off on a “blue‑chip” basket ETF that would hold bitcoin, ether, solana and xrp, signalling bipartisan pressure to open the ETF spigot further. Ripple is also arming itself for a buying spree. “Our M&A people are very busy,” chief technology officer David Schwartz told DL News in late June, revealing “multiple potential acquisitions in various different stages.” The firm has already paid $1.25 billion for prime broker Hidden Road this year and is building an on‑ledger lending protocol slated for Q3, moves that could deepen XRP liquidity and justify higher valuations. Each strand—the GENIUS Act, the bank charter and MiCA licences, the SEC’s retreat, the ETF pipeline, and Ripple’s war‑chest for acquisitions—converges on the same conclusion: regulatory opacity is fading just as institutional distribution channels open. Whether that is enough to propel XRP through the previous all-time high at $3.84 from January 2018 remains to be seen, but the technical setup is also looking quite strong, as Pentoshi concludes. At press time, XRP traded at $3.14.

World Liberty Financial (WLFI), the Trump-linked decentralized finance project, just took its first major step toward opening the floodgates to the peasants like me. A proposal to make WLFI tradable passed this week with a staggering 99.94% of tokenholders in favor. For a project that began as a closed network, only accessible to accredited investors and the ivory tower elite, this vote signals a major shift. Governance Tokens Going Tradable, But Slowly Not all WLFI tokens will be released at once. The team confirmed that only a portion of early investor tokens will be unlocked initially, with the rest subject to a second vote and a to-be-determined release schedule. A full launch roadmap is expected soon. Meanwhile, tokens held by founders, advisors, and core team members will remain locked under a longer-term schedule, with eligibility criteria still undecided. The WLFI team described this stage as a transition from “closed to open participation,” opening the door for everyday traders to finally buy in. Hopefully they don’t rugpull it like $MELANIA and $TRUMP meme tokens. The WLFI team also just scooped up $10m worth of Ethereum this week: (Lookonchain) No centralized exchange listings have been announced, but the website says strong demand has pushed the team to initiate this “next chapter” of development. $550 Million Raised, and a Trump Family Hoedown WLFI raised a combined $550 million in two token sales. The first, in October 2024, offered 20 billion tokens at $0.015 each. The second, in January, sold another 5 billion tokens at $0.05 apiece. Despite the hype, the Trump family has been quietly reducing its stake. According to a June disclosure with the U.S. Office of Government Ethics, Donald Trump reported a $57 million profit from the project, while the family’s overall stake in WLFI dropped to 40% as of mid-2025. Yet the Trump family endorsement remains; they’re tied to WLFI like a bad spray tan to the President. The Road Ahead For WLFI WLFI’s token unlock is the tip of the iceberg. Plans to expand into lending, borrowing, and ecosystem rewards are already in motion. Meanwhile TRM Labs has been tapped to ensure the token’s operations are compliant and traceable. Once WLFI is freely traded, though, brace for volatility like we’ve seen with every Trump-backed project. The early investors will push for profits and speculators are sure to take this token over in the short-term. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways . A proposal to make WLFI tradable passed this week with a staggering 99.94% of tokenholders in favor./key_takeaway] . WLFI raised a combined $550 million in two token sales. The first, in October 2024, offered 20 billion tokens at $0.015 each./key_takeaway] Once WLFI is freely traded, though, brace for volatility like we’ve seen with every Trump-backed project The post Trump-Backed Crypto Project World Liberty Financial Votes to Go Public appeared first on 99Bitcoins.

The U.S. House of Representatives just made history for stalling on a crypto bill for over seven hours and 24 minutes, the longest vote in chamber history. Damn, things are getting serious huh? At the heart of the standoff was a rule vote on a package of cryptocurrency bills, including the controversial GENIUS Act, and a battle over the federal government’s control over digital money. If the bills don’t pass by the end of tomorrow, the crypto bull run is going to take a big hit. Meanwhile, a new crypto presale just broke $3 million raised and is doing gangbusters if these bills pass; let’s get into it below. Crypto Bills Collide With GOP Infighting Ten Republican holdouts refused to budge on the GENIUS ACT on Wednesday night, despite last-minute pressure from Speaker Mike Johnson, who was working the backrooms to break the rebellion. After hours of debates, the GENIUS Act passed, bringing it one step closer to being on President Donald Trump’s desk, who has already said he will make it law. The GENIUS Act would make it so that all stablecoins must have a proof of reserve. However, the GENIUS Act is only for stablecoins; the market needs the CLARITY Act to be signed into law to ostensibly spark the mega bull run and give financial institutions the green light to innovate with cryptocurrencies and cryptocurrency products. Two of the most high-profile GOP holdouts, Reps. Chip Roy and Marjorie Taylor Greene were joined by House Financial Services Vice Chair Bill Huizenga, whose initial “no” vote sent Republican leadership into emergency mode. Behind the scenes, Johnson spent hours negotiating with factions from the House Freedom Caucus, Financial Services Committee, and Agriculture Committee, trying to keep the crypto agenda alive. Crypto Week Winner: Bitcoin Hyper Is The Best New Memecoin With Utility If you’re looking for a potential winner if the CLARITY ACT is signed into law, Bitcoin HYPER, a Solana-based Bitcoin scaling play, just blew past $3 million in presale. One month in, and it’s already moving faster than half the chains claiming “Layer-2.” Its pitch is simple: combine Solana speed with Bitcoin security. Bitcoin Hyper uses a zero-knowledge bridge to lock BTC, spits out a wrapped version, and allow investors to stake, swap, launch tokens, and build apps. At $0.012275, it’s still early. But that price ticks up in under seven hours. (X) The HYPER presale is entering its final stretch at the current price.To lock in this tier, head to the Bitcoin Hyper site, which has payment options via ETH, USDT, BNB, or card. HYPER is already spotlighted inside Best Wallet’s ‘Upcoming Tokens’ tab, offering a simplified way to buy and manage tokens. There’s also a 320% APY staking option for those who’d rather stack rewards while the ICO winds down. For updates and chaos, the HYPER crowd is live on Telegram and X. Join the Utility Wave with BTC Hyper Now EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress DISCOVER: Best Meme Coin ICOs to Invest in Today Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways If the bills don’t pass by the end of tomorrow, the crypto bull run is going to take a big hit. Bitcoin Hyper offers speed, low fees, and actual usability through a Layer 2 system now in presale. The post US Crypto Bill: House Shatters Voting Record Over CBDCs and the GENIUS Act appeared first on 99Bitcoins.

Why is Ethereum going up? News just hit that Peter Thiel bought 9% of an Ethereum Treasury company, cementing this as the Microstrategy play, but for ETH ▲10.21%. After Palantir’s insane success, every investor in the world will copytrade anything Thiel touches, so prepare for a lot of ETH inflows in the coming weeks This weekend or the next, many are predicting Bitcoin will print a god candle and Ethereum will follow. Here’s what you need to know: (X) Corporate ETH Treasuries Are Catching Fire Peter Thiel now owns 9.1% of Bitmine Immersion Technologies, a firm once tied to Bitcoin mining but now sitting on a $536 million pile of ETH. With over 163,000 ETH on its balance sheet, Bitmine has turned into an Ether treasury vault, guided by Fundstrat’s Tom Lee. EthereumPriceMarket CapETH$419.20B24h7d30d1yAll time Ethereum’s co-founder, Joseph Lubin, is also making moves through SharpLink Gaming, which just expanded its ETH reserves to 280,706 ETH, making it the largest corporate holder of Ethereum to date. These strategic accumulations are helping drive Ethereum’s momentum. ETH is now up 110.9% over the three months, far outpacing Bitcoin’s 39% gain in the same timeframe, according to CoinGecko. Price-wise, Ethereum now sits around $3,384, with technical indicators suggesting a clean break past the 50-day moving average last week. Ethereum Moves Up Global Asset Rankings Ethereum’s market cap now sits near $377 billion, putting it ahead of companies like Johnson & Johnson and surpassing the total value of commodities like platinum. It currently ranks 26th globally among all assets by market value. Even more telling: ETH has surpassed Bitcoin in daily trading volume, according to BTCBlueWhale. We could be a the beginning of a major altcoin rally. Eyes on the $4K Breakout, Or Higher? 99Bitcoins analysts are looking at the $4,000 resistance level. A confirmed breakout there could push Ethereum toward new all-time highs, potentially retesting its 2021 peak of $4,878. Yes… I was one of the people who bought that peak. 4 years later and we’re back baby!! What’s different this time? Ethereum is no longer just riding Bitcoin’s coattails. With institutional money flowing in, technicals aligning, and regulatory clarity improving, ETH might finally bring the 2021 vibes back. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Why is Ethereum going up? News just hit that Peter Thiel bought 9% of an Ethereum Treasury company, cementing this as the Microstrategy play. Even more telling: ETH has surpassed Bitcoin in daily trading volume, according to BTCBlueWhale. We could be a the beginning of a major altcoin rally. The post Countdown to $4,500? Ethereum Just 9.65% Shy of Major 4-Year Breakout appeared first on 99Bitcoins.

Trading at around ~$37.7975 two hours after the London open, a confluence of macroeconomic factors continues to secure higher silver pricing. Having handsomely outperformed its precious metal counterpart, gold, in recent months, XAG/USD currently trades some ~3.43% lower from highs made earlier this week, with market technicals suggesting further upside potential. Silver (XAG/USD): Key takeaways from today’s session U.S. inflation remains well-above the current 2% target, as per the CPI/PPI releases from earlier this week. Especially when considering ongoing unknowns surrounding a potential tariff-side inflation, silver prices remain well supportedAlthough views are still somewhat mixed, markets generally predict two Fed rate cuts before year-end, helping bolster higher sliver pricingFollowing POTUS Donald Trump’s comments yesterday to suggest the firing of Fed Chair Jerome Powell remains ‘highly unlikely’, a stronger dollar and easing market tension may introduce some short-term silver downside close Silver (XAG/USD), OANDA, TradingView, 16/07/2025 Silver (XAG/USD), OANDA, TradingView, 16/07/2025 On the daily time frame, XAG/USD price action remains in a clear uptrend. Currently halfway between highs and the trendline, markets will need to have more conviction to push price higher, or risks a retracementDaily support can be found at ~$36.9457 and ~$37.2983; resistance at ~$38.4220 and ~$38.9729 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.

After rising rapidly over the weekend to hit new all-time highs, the Bitcoin price seems to have hit a brick wall above $120,000, sparking a correction. While this is expected to be a short correction, a notable development involving an 8-year trendline that has marked the top of previous cycles has emerged. If this trendline resistance holds and Bitcoin fails to break it, then it could mean that the top is in, and what usually follows is a drawn-out bear market. 8-Year Trendline Suggests Bitcoin Top Is In Crypto analyst MartyBoots, in an analysis on TradingView, caught a test of a an 8-year trendline which began back in the 2017-2018 cycle, marking the top of multiple bull markets. This trendline continued into the next major bull market and in the 2020-2021 bull market, the trendline once again marked the cycle top, with Bitcoin peaking at $69,000. Presently, the Bitcoin price has once again come in contact with this trendline, and the rejection from here does suggest that this trendline could be the real deal. After hitting above $123,000, Bitcoin was promptly pushed back downward from this level as sell-offs and profit-taking became the order of the day. For this trend to be complete, though, there are a number of things that would need to happen first. For example, the analyst explains that investors should watch for the weakly RSI divergence turning bullish. Additionally, a decline in volume and more rejection wicks for Bitcoin would be confirmation that the price has topped. Marty also explained that the price touching this trendline for a third time increases the odds of it actually playing out the same way it has in the past. If this trendline does mark the top once again, then it could signal the start of another bear market. As the analyst explains, a top marked by this trendline has in the past “triggered multi-month correction and Bear Markets.” Still A Chance For Bullish Continuation The test of this trendline does not necessarily mean that the Bitcoin price has to top at this level, because there is still a chance of bullish continuation. As the analyst explains, a decisive break above the trendline would turn this level into support and trigger further upside. In addition to this, there is also a lot of buying pressure on the Bitcoin price despite the profit-taking. More importantly is the fact that very large orders await at the $114,000 level. This shows a lot of demand for BTC, something that could drive the price upward as the cost basis for investors remains on the rise. Nevertheless, the analyst advises caution at this level until there is a confirmation either way. “Risk-management alert: consider tightening stops, reducing leverage, or hedging until trendline fate is resolved,” Marty said in closing.

Rep. Maxine Waters opposes the GENIUS and CLARITY Acts, labeling them a “casino for crypto billionaires.” Bitcoin and Ethereum are gaining traction due to Trump’s pro-crypto policies. Democrats have never fully embraced cryptocurrency; their policies were effected through Gary Gensler and the SEC. The regulator adopted an enforcement-heavy approach, targeting crypto firms through initiatives like Chokepoint 2.0, which directed banks to limit services to crypto businesses. That era ended when Donald Trump won the presidency, promising to make America a crypto hub. Since taking office, Trump has implemented changes to create a supportive environment for crypto, appointed a pro-crypto SEC chair, and opened new avenues for the industry to thrive. Bitcoin, the world’s most valuable crypto, is now trading above $119,000, peaking at $123,000 this week, as institutions rushed to buy. Reflecting on this shift, Spot Bitcoin ETFs have seen massive inflows. BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, now manages over $86 billion, up 2% in 24 hours. BitcoinPriceMarket CapBTC$2.37T24h7d30d1yAll time Capital is also flowing into Ethereum, making ETH ▲10.21% one of the best cryptos to buy. (Source: SosoValue) Maxine Waters Attacks Crypto Bills However, not everyone supports Donald Trump’s administration and its actions on crypto regulation and creating a clear regulatory framework. Representative Maxine Waters, a ranking House Financial Services Committee member, criticized the Republican-led “Crypto Week.” In a press release yesterday, Waters lambasted the proposed GENIUS and CLARITY Acts, stating they create a “casino for crypto billionaires to make more profits.” Her position aligns with other Democrats who raise concerns about consumer protections, financial stability, and potential conflicts of interest, given the president’s meme coin and his family’s crypto-related businesses. TRUMP is one of the top Solana meme coins, commanding a market cap of nearly $2 billion. DISCOVER: Top Solana Meme Coins to Buy in July 2025 The GENIUS and CLARITY Acts Waters’ comments follow discussions around the GENIUS and CLARITY Acts this week. The GENIUS Act aims to establish a regulatory framework for stablecoins. Tokens minted under this act must hold treasuries, track the USD, disclose monthly reserves, and comply with AML regulations. The CLARITY Act seeks to classify most crypto tokens as commodities under the CFTC, exempting them from SEC oversight. If passed, the CLARITY Act will exempt DeFi tokens from strict SEC banking regulations. Supporters, including Senators Bill Hagerty and Cynthia Lummis, argue these acts provide regulatory clarity and foster innovation, positioning America as the global “crypto capital.” EXPLORE: 20+ Next Crypto to Explode in 2025 Why the Opposition? Critics, including Waters and Senator Elizabeth Warren, warn that the bills prioritize industry profits over consumer safety, possibly leading to financial crises like the collapse of Silicon Valley Bank and other crypto-supporting banks. To clarify her stance, Waters declared an “Anti-Crypto Corruption Week” to counter Donald Trump and Republicans. She asserts that the bills enable “Trump’s crypto scams” and favor “Wall Street, Big Tech, and crypto billionaires.” Specifically, Waters claims the CLARITY Act restricts the SEC, limiting its ability to combat fraud proactively and allowing intervention only after investor losses. She also argues that the GENIUS Act lacks robust consumer protections and opens the door to foreign-controlled stablecoins, posing national security risks. DISCOVER: 12 Best Crypto Presales to Invest in July 2025 – Top Token Presales Rep Maxine Waters Slams GENIUS and CLARITY Acts Bitcoin prints above $123,000 before retracing Optimism pumped by Crypto Week GENIUS and CLARITY Acts will create clarity in crypto Rep. Maxine Waters in opposition, raising questions on consumer protection The post Rep. Maxine Waters Opposes Crypto Week, Calls it “a Casino for Crypto Billionaires to Make More Profits” appeared first on 99Bitcoins.

The digital Ruble has been mandated and will begin its rollout by 1 September 2026. The lower house of Russia’s national legislature, the State Duma, has advocated for a gradual rollout of the CBDC, according to an article published by the state-owned publication, Tass, on 15 July 2025. According to the publication, the bill mandates major Russian firms and banks to offer CBDC services by September next year, while exempting smaller firms. Now that the lower house has passed the bill in its third reading, it will move on to the Federation Council (Russia’s upper house) for approval. Once the Federation Council approves the bill, it will be presented to President Vladimir Putin to be signed into law. These are mere formalities, however, since 1 September 2026 has been designated by the Central Bank as the official national rollout date for the CBDC. The legislation, made up of an assortment of Russian lawmakers and senators, was led by Anatoly Aksakov, the Chairman of the State Duma Committee on Financial Markets. Aksakov has been instrumental in drafting the CBDC bill and is the principal architect behind Russia’s crypto and CBDC policy frameworks. Per the timeline set by the bill for the adoption of the digital Ruble, large firms earning over 120 million Rubles ($1.5 million) must offer the CBDC by 1 September 2026. Medium-sized companies have until September 2027, while smaller firms and startups have until September 2028. The law also applies to foreign bank branches in Russia. Explore: 10+ Crypto Tokens That Can Hit 1000x in 2025 Digital Ruble QR Codes Mandated for Payments The bill has mandated the use of digital Ruble QR codes for the payment of goods and services. Individuals will have the ability to pay CBDC tokens, i.e. units of digital Ruble, to companies or individual traders by scanning app-based QR codes Additionally, vendors must also allow customers to pay in digital Rubles if requested. Furthermore, the bill also addresses concerns about launching the CBDC in regions within Russia with limited internet or mobile coverage. With many rural areas in Russia still facing connectivity issues, the legislation has given vendors without proper access to the internet or mobile networks an option to opt out from accepting digital Ruble payments. Additionally, businesses that earn less than 5 million Rubles ($63,900 approx.) annually will have the option to not support digital Ruble transactions. With the implementation of a universal QR code payment system, the digital Ruble aims to offer a safer and more user-friendly means to make payments to simplify transactions nationwide. The CBDC rollout within Russia reflects a broader push to move away from cash-based transactions and to expand financial inclusivity. Explore: Best New Cryptocurrencies to Invest in 2025 Sberbank Questions Need for CBDCs While state authorities have been pushing for a digital Ruble, commercial banks have questioned the need for a Russian CBDC. Sberbank head German Graf expressed his uncertainty regarding the digital Ruble’s potential to drive major economic transformation in the country. Graf commented on this matter to a local publication, stating, “I don’t understand why an individual needs the option to use a CBDC. And neither do banks. And businesses, too. I still don’t really understand why this is necessary.” He did, however, mention that CBDCs could play a role in cross-border settlements in case overseas partners wanted to use the CBDC as well. Nonetheless, the pilot phase, introduced in 2023, is still ongoing, with the Russian Central Bank claiming that the adoption of the digital Ruble will allow for faster, transparent, and secure transactions. Additionally, the Ministry of Finance has advocated using the digital Ruble for government contracts and issuing benefits, claiming that it will help eliminate fraud and corruption. Explore: Top 20 Crypto to Buy in July 2025 Key Takeaways The Russian State Duma has passed legislation mandating a phased rollout of the digital Ruble starting September next year Large enterprises will accept the CBDC at the outset, while medium and smaller enterprises will begin in September 2027 and 2028, respectively The bill mandates scanable QR codes as a standard for making payments The post Digital Ruble Approved by Russian Lower House Ahead of September Rollout Next Year appeared first on 99Bitcoins.

Holders of the World Liberty Financial token, WLFI, have voted overwhelmingly to make these tokens tradable, a decision that could significantly impact their market value and the financial interests of the Trump family. WLFI Transition From Voting Rights To Tradable Assets World Liberty Financial, a venture associated with Donald Trump’s family, launched the WLFI tokens last autumn as part of its decentralized finance (DeFi) platform, which also includes a stablecoin called USD1. Initially, these tokens were not designed for trading; instead, they granted holders voting rights on certain business developments, including changes to the platform’s underlying code. Early investors were primarily drawn to WLFI due to its association with Trump, banking on the expectation that the tokens would appreciate in value thanks to his backing. The recent vote to allow trading of the tokens marks a crucial shift, enabling market forces to set their prices. This transition is likely to attract a wider array of investors, potentially generating trading fees for exchanges that list WLFI and fueling speculation about the tokens’ future value. Although it remains unclear how this will directly benefit the Trump family, the increased trading activity may enhance the overall value of their holdings, which are substantial. Trump’s Potential Conflicts Of Interest Critics, including several Democratic lawmakers, have raised concerns regarding the ethical implications of the Trump family’s financial involvement in World Liberty Financial. Senator Elizabeth Warren and Representative Maxine Waters have voiced their worries to the US Securities and Exchange Commission (SEC), arguing that the family’s financial stake constitutes a significant conflict of interest that could influence regulatory oversight of the cryptocurrency industry. They pointed out that the WLFI tokens have not been classified as securities by the SEC, which means they are not subject to the same level of regulatory scrutiny as traditional investments like stocks. The White House has maintained that Trump’s assets are managed by a trust overseen by his children, asserting that there are no conflicts of interest. However, the specifics of this trust arrangement remain undisclosed. World Liberty Financial Promises More Details Trump’s company, DT Marks DEFI LLC, was allocated 22.5 billion of the total 100 billion WLFI tokens, with Trump himself holding approximately 15.75 billion tokens as of the end of last year. Reports suggest that the Trump family has generated around $500 million from World Liberty since its inception. In light of the recent vote, the White House declined to comment to Reuters on how the tradability of WLFI might affect the family’s financial interests. A spokesperson for World Liberty Financial indicated that further details about the trading process would be provided soon. The proposal to initiate tradability received overwhelming support, with 99.94% of approximately 20,900 votes in favor. Many token holders expressed their motivations for voting, with some citing expectations of price increases and others aligning their investment with support for Trump. Featured image from DALL-E, chart from TradingView.com

A cryptocurrency analyst has explained how an XRP close above this level could trigger a run to $4.80, based on a technical analysis pattern. XRP Could See A Surge To New Highs If It Manages This Weekly Close In a new post on X, analyst Ali Martinez has cited a technical analysis (TA) pattern to talk about where XRP can go next. The pattern in question is a Parallel Channel. Parallel Channels form whenever an asset’s price observes consolidation between two parallel trendlines. The upper line of the pattern is likely to be a source of resistance, while the lower one that of support. A break out of either of these levels can imply a continuation of trend in that direction. There can be different types of Parallel Channels, depending on how the trendlines are oriented with respect to the axes. When they are slopped upwards, the pattern is known as an Ascending Channel. Similarly, them having a negative slope makes the formation a Descending Channel. In the context of the current topic, the third and the most ordinary type is of relevance: a Parallel Channel with trendlines parallel to the time-axis. This pattern corresponds to true sideways consolidation in the cryptocurrency. Below is the chart shared by the analyst that shows the Parallel Channel that the 1-week price of XRP has seemingly been following during the last few months. As is visible in the graph, the weekly XRP price has observed a sharp surge recently and closed in on the upper level of the Parallel Channel. If the asset’s current trajectory maintains, it could end up making a retest of the upper line situated around $3. Earlier in the year, the cryptocurrency encountered resistance at the mark, so it’s possible that something similar could occur this time as well. In the event that it is able to surge past the line, however, a bullish breakout might take place. “A weekly close above $3 could send XRP to a new all-time high of $4.80!” says Martinez. From the current price of the coin, a rally to this target would imply a gain of about 56%. It now remains to be seen whether the digital asset will manage to escape out of the Parallel Channel and if it does, whether a bull run of this magnitude would follow. In some other news, the 1-week price of Ethereum is also heading toward the resistance line of a Parallel Channel, as the analyst has pointed out in another X post. “A key resistance level ahead for Ethereum $ETH is $3,980,” notes Martinez. “Breaking above it could ignite a major bull rally!” XRP Price XRP has seen a fresh 7% surge in the last 24 hours that has taken its price to $3.08.

The SEC has decided to give itself more time before making a call on Bitwise’s request to allow in‑kind redemptions for its Bitcoin and Ethereum ETFs. Instead of approving or rejecting the proposal outright, the commission extended the review window to September 8. The move keeps the door open, but also signals that regulators want to tread carefully before allowing ETF shares to be swapped directly for crypto. What’s at Stake In‑kind redemptions may sound technical, but the idea is pretty simple. It would let large investors trade ETF shares for the actual assets underneath, like Bitcoin or Ether, instead of receiving the cash value. It’s a standard feature in traditional commodity ETFs, and crypto asset managers want the same flexibility. The appeal is lower tax impact, smoother trading, and better efficiency, especially for institutional players moving big volumes. Source: Shutterstock It’s Not an Actual Rejection, More Time is Needed This is not the SEC slamming the brakes. It’s more like keeping the car in neutral while they check the map again. The initial 90‑day clock ran out, and the agency filed for an extension to continue reviewing the proposed rule change. The delay signals they’re not rushing, but they’re not closing the door either. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Eyes on the Bigger Players Bitwise isn’t the only name pushing for in‑kind redemptions. BlackRock, VanEck, Fidelity, and 21Shares are all in the ETF race, and many of them are expected to follow suit with similar requests. Commissioner Hester Peirce has said the idea makes sense if it’s handled properly. That “if” is doing a lot of work here. The SEC wants to make sure this doesn’t turn into a backdoor for unregulated crypto exposure or systemic risk. BitcoinPriceMarket CapBTC$2.37T24h7d30d1yAll time September Will Be Telling Come September 8, the SEC has options. It can approve the change, deny it, ask for more information, or open it up for another round of public comments. What it decides could shape the direction of crypto ETFs for years. If Bitwise gets the green light, expect a wave of copycat requests. If not, it could signal a more cautious stance going forward. DISCOVER: 20+ Next Crypto to Explode in 2025 What’s in the Bigger Picture? Even though this is a delay, it comes in the middle of growing acceptance of crypto ETFs. Spot Bitcoin ETFs are gaining traction. Ethereum ETFs are waiting in the wings. And for the first time in years, the SEC seems more open to structured innovation. The tone is different now, even if the pace is slow. Investors are watching closely, not just for Bitwise, but for what this means for the rest of the industry. The Bottom Line The SEC isn’t saying no. It’s saying not yet. That’s a small but important difference. In‑kind redemptions would make crypto ETFs feel a lot more like traditional ones. That’s good news for institutions looking to move size without extra friction. Whether it happens in September or not, the direction of travel looks clear. This is part of a bigger story, and the next chapter lands in just a few weeks. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The SEC delayed its decision on Bitwise’s in-kind redemption request, setting a new review deadline of September 8. In-kind redemptions would allow large investors to swap ETF shares for crypto instead of cash, improving tax efficiency and liquidity. The delay is not a rejection, but a sign that the SEC is proceeding cautiously while evaluating potential risks and regulatory gaps. Other major firms like BlackRock, VanEck, and Fidelity are expected to file similar in-kind requests as crypto ETFs continue to evolve. The SEC’s decision in September could shape how crypto ETFs operate and whether they become more aligned with traditional ETF structures. The post SEC Delays Decision on Bitwise In‑Kind ETF Redemptions appeared first on 99Bitcoins.

French lawmakers are looking at Bitcoin mining as a way to make use of the country’s unused electricity. A proposal submitted on July 11 calls for a five-year pilot that would use excess power, mostly from France’s nuclear grid, to mine Bitcoin. The idea is simple: instead of letting unused energy go to waste, turn it into money. Lawmakers believe just one gigawatt of surplus power could bring in as much as $150 million a year. Matching Power Spikes with Mining Rigs About 70 percent of France’s electricity comes from nuclear energy. That’s steady and reliable, but not always easy to match with demand. Sometimes the grid ends up with more power than it needs, especially at night or during low-use periods. Rather than dump that energy or sell it cheap, the plan is to install Bitcoin mining rigs close to nuclear plants. These rigs could power up or shut down based on how much energy is available, helping smooth out the grid without adding new infrastructure. Source: Shutterstock Covering the Costs of Idle Reactors Even when demand is low, nuclear plants keep running, which costs money. That steady output can become a liability. Bitcoin mining offers a way to recover some of those costs. Reports cited in the proposal suggest mining could turn unneeded energy into direct income. It also reduces the need to constantly throttle reactors, which puts wear on the system and drives up maintenance. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025 Don’t Let the Heat Go to Waste Anyone who’s seen a mining setup knows how much heat they throw off. Instead of wasting it, the proposal suggests using that heat for other industries. Think greenhouses, local heating systems, and even some industrial processes. Finland has already done something similar. If France follows through, Bitcoin mining could double as a heating source for nearby communities. BitcoinPriceMarket CapBTC$2.37T24h7d30d1yAll time Pilot Program Would Start in Brittany If the plan moves forward, the pilot would likely launch in Brittany. It would run for up to five years, with a six-month check-in to see if things are on track. France’s Council of State would oversee it, and the results would be sent back to lawmakers to decide if the idea deserves a permanent spot in the country’s energy policy. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 France Is Not Alone in This Idea France is not the only country trying to make Bitcoin mining work for its grid. Belarus is studying how to use extra power for mining. Pakistan has already set aside 2,000 megawatts for mining and AI projects. In the United States, Texas is using Bitcoin mining to help balance a grid full of wind and solar. France’s proposal fits into this growing trend of treating mining as part of the energy system, not something outside of it. Profit Potential Comes with Risk This idea sounds smart on paper, but it comes with challenges. Bitcoin prices can swing wildly, and mining is only profitable if the numbers add up. There’s also the environmental impact. Even if the electricity is “leftover,” running a ton of mining rigs still puts pressure on the grid and local infrastructure. Lawmakers will also have to manage regulation, zoning, and potential pushback from communities. A New Role for Old Buildings and Jobs If it works, the plan could give new life to abandoned industrial spaces. Factories that once sat empty could be filled with mining rigs. That would bring tech jobs to regions that haven’t seen much investment in years. It would also show that France is ready to support the digital asset industry in a practical way. What to Watch Next The first checkpoint comes six months into the pilot. Lawmakers want clear answers: is the project making money, is it helping the grid, and is it worth expanding? If the results are positive, France may start treating Bitcoin mining as a long-term piece of its energy plan, not just an experiment. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways France is proposing a five-year pilot to use excess nuclear energy for Bitcoin mining, aiming to turn unused power into revenue. Mining rigs would be installed near nuclear plants and powered up during periods of low electricity demand to help balance the grid. Lawmakers estimate that just one gigawatt of surplus power could generate up to $150 million a year through Bitcoin mining. The plan includes using heat from mining operations for greenhouses or local heating, similar to programs already in place in Finland. The pilot would begin in Brittany, overseen by France’s Council of State, with a six-month review to decide if the project should expand. The post France Wants to Turn Spare Nuclear Power into Bitcoin Mining Revenue appeared first on 99Bitcoins.

Crypto legislation appears to be back on track after US lawmakers passed a motion to reconsider three crucial digital asset bills in a narrow vote. This effort follows Tuesday’s failed attempt to advance the proposed legislation to a floor debate during the “Crypto week.” US House Passes Motion To Reconsider On Wednesday, the US House of Representatives voted on a motion to reconsider three major crypto legislations that failed to pass their procedural vote on Tuesday. As reported by NewsBTC, Congress’s lower chamber blocked the motion in a 196-223 vote, with 13 Republicans siding with the Democrats. Following the failed vote, Lawmakers had reportedly planned to hold a vote to reconsider the motion for later in the day, but it was ultimately scheduled for Wednesday morning. On Tuesday night, US President Donald Trump personally met with 11 of the 12 Republican representatives needed to pass the bills, securing their support. The lawmakers met for the second time this week to decide the fate of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, the Digital Asset Market Clarity (CLARITY) Act of 2025, and the anti-CBDC (Central Bank Digital Currency) bill. The motion to reconsider the trio of bills cleared the House in a 215-211 vote, with all Republican representatives voting in favor this time. Now, the US House prepares to hold a new procedural vote later today and decide whether to send the three landmark bills to a final vote. Representative Andy Harris shared on X that “House Freedom Caucus Members will be voting in favor of the rule today after reaching an agreement with President Trump last night.” Under the agreement, the House Committee on Rules will meet today to include “clear, strong, anti–Central Bank Digital Currency (CBDC) provisions to the CLARITY legislation” to ensure Americans are “protected from government overreach into their financial privacy.” Crypto Legislation Faces New Challenges Despite the crucial approval of a motion to reconsider, the bills now face a new roadblock. Politico reporter Meredith Lee Hill revealed that “there’s another crypto mess unfolding on the House floor.” In a series of X posts, the journalist affirmed that the potential merger of two of the three crypto legislations could pose a problem for the upcoming vote. Seemingly, the House Grand Old Party (GOP) leaders are trying to combine the House’s market structure and anti-CBDC bills after passing the floor. However, Republicans from the House Financial Services Committee are hesitating at that plan, as it “will doom Clarity.” House Agriculture Committee Republican representatives also consider that combining the two bills could kill the CLARITY Act, arguing that “even the threat of doing this emergency rules meeting may have already done so.” Journalist Eleanor Terret added that combining the bills could make CLARITY harder to pass because “they risk losing Dem votes over the anti-CBDC language.” A GOP Senate staffer reportedly told Terret that they are “just hoping the House can move something, anything, so crypto legislation can survive to the next step. We have options to move forward, but no one wants another failed vote that kills momentum.” Meanwhile, the GENIUS Act would remain a standalone bill, despite previous attempts to merge it with the market structure bill. Since it already passed the Senate, the bill only needs to pass the final House vote to head to President Trump’s desk. Despite the legislative uncertainty, the crypto market continues to recover from yesterday’s drop, with Bitcoin (BTC) holding the $119,000 area as support.

Dogecoin started a fresh increase above the $0.20 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.2120. DOGE price started a fresh increase above the $0.1880 and $0.20 levels. The price is trading above the $0.20 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.2060 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh rally if it clears the $0.2120 and $0.2180 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1880 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1950 and $0.200 resistance levels. The bulls even pushed the price above the $0.2120 resistance. Finally, the price traded close to the $0.2220 resistance. A high was formed at $0.2205 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.1885 swing low to the $0.2205 high. Dogecoin price is now trading above the $0.2020 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.2060 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.2120 level. The first major resistance for the bulls could be near the $0.2150 level. The next major resistance is near the $0.2220 level. A close above the $0.2220 resistance might send the price toward the $0.2320 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2650. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.2120 level, it could start a downside correction. Initial support on the downside is near the $0.2060 level or the trend line zone. The next major support is near the $0.2040 level or the 50% Fib retracement level of the upward move from the $0.1885 swing low to the $0.2205 high. The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might decline toward the $0.1950 level or even $0.1880 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2060 and $0.20. Major Resistance Levels – $0.2120 and $0.2220.

Bitcoin (BTC) is showing signs of recovery following a brief market retreat triggered by the latest US Consumer Price Index (CPI) update. The asset had slipped to lows near $116,000 following inflation data. However, BTC has rebounded since, reaching $119,248 earlier today and trading at $119,187 at the time of writing, roughly 3.1% below its all-time high of $123,000 set earlier this week. While broader macroeconomic concerns are shaping price sentiment, new on-chain metrics from the mining sector are drawing attention. A CryptoQuant analyst has watched miner activity closely, as some key indicators suggest that miners may be preparing to sell. This development could influence short-term price action, though the broader outlook for Bitcoin remains largely unchanged, according to the analyst. Bitcoin Miner Behavior Points to Short-Term Pressures CryptoQuant contributor Avocado Onchain highlighted in a recent post that the Miner Position Index (MPI) has jumped to 2.7. This index compares the amount of Bitcoin being moved by miners to exchanges with the historical one-year average. A high MPI reading generally implies increased selling intent, as miners move assets to trading platforms. Avocado noted that the current reading may indicate mild selling pressure, which could contribute to a near-term correction or sideways trading pattern. However, he also emphasized that the current MPI value is still far from the elevated levels typically observed at market cycle peaks. The analyst suggested that this activity may be part of a recurring intra-cycle trend in which brief corrections are followed by further upward movement. He advised that it remains uncertain whether this miner activity marks a one-off event or signals a larger selling wave. Either scenario may affect short-term volatility, but not necessarily the broader trajectory. Network Flows Support the Data Trend In a separate analysis, CryptoQuant contributor Arab Chain examined the implications of increased miner activity. According to their findings, network data reveals a noticeable uptick in miner-related movements, levels last seen in November 2024. Arab Chain explained that while miner activity on the blockchain is rising, this alone doesn’t confirm sales unless Bitcoin is transferred to exchanges. To further validate the outlook, Arab Chain analyzed platform inflow data. They observed a correlation between BTC transfers to exchanges and Bitcoin’s recent climb above $116,000. This movement may indicate that miners view current prices as favorable for selling, possibly to cover operational costs or secure liquidity. The data also hints at miners anticipating a potential correction, which could drive more transfers and further market fluctuations. They concluded that the extent of any correction would largely depend on whether this wave of miner activity persists. Featured image created with DALL-E, Chart from TradingView

XRP price started a fresh increase and traded above the $3.020 zone. The price is now consolidating gains and might continue to rise above the $3.10 support zone. XRP price started a fresh increase above the $3.020 zone. The price is now trading above $2.950 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.880 zone. XRP Price Eyes More Upsides XRP price started a fresh increase after it settled above the $2.840 level, like Bitcoin and Ethereum. The price was able to climb above the $2.950 resistance level. The bulls remained in action and the price gained pace for a move above $3.00 barrier. Finally, the price tested the $3.10 zone. A high was formed at $3.10 and the price is now consolidating gains. There was a move below the $3.050 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.660 swing low to the $3.10 high. The price is now trading above $2.950 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.020 level. The first major resistance is near the $3.050 level. A clear move above the $3.050 resistance might send the price toward the $3.10 resistance. Any more gains might send the price toward the $3.120 resistance or even $3.150 in the near term. The next major hurdle for the bulls might be near the $3.20 zone. Downside Break? If XRP fails to clear the $3.00 resistance zone, it could start another decline. Initial support on the downside is near the $2.950 level and the trend line zone. The trend line is close to the 50% Fib retracement level of the upward move from the $2.660 swing low to the $3.10 high. The next major support is near the $2.880 level. If there is a downside break and a close below the $2.880 level, the price might continue to decline toward the $2.840 support. The next major support sits near the $2.750 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.950 and $2.840. Major Resistance Levels – $3.00 and $3.10.

Bitcoin (BTC) is currently stabilizing within the $116,000 to $120,000 range. However, fresh liquidity totalling $2 billion in stablecoins could help propel the flagship cryptocurrency to new all-time highs (ATHs). Bitcoin To Benefit From Fresh Liquidity According to a CryptoQuant Quicktake post by contributor Amr Taha, more than $2 billion worth of stablecoins – primarily Tether (USDT) – were deposited into major derivatives trading platforms earlier today. Taha believes that this surge in inflows signals increased appetite for leveraged positions among seasoned traders, many of whom are anticipating a potential breakout in BTC’s price. Notably, this fresh batch of USDT was minted by Tether Treasury, suggesting institutional demand is driving the activity. Historically, large-scale stablecoin inflows have preceded bullish market momentum, as traders often use them to open long positions on Bitcoin and altcoin futures and perpetual contracts. Rapid stablecoin deposits into derivatives exchanges often act as a leading indicator for major price rallies. Meanwhile, fellow CryptoQuant contributor TraderOasis pointed to rising Open Interest, noting that it is increasing alongside BTC’s price – a classic signal of strong bullish sentiment. To explain, rising open interest in tandem with a rising Bitcoin price typically signals increasing market participation and bullish sentiment, as more traders are opening positions expecting further upside. However, it can also indicate a buildup of leverage, which may lead to heightened volatility or a sharp correction if sentiment shifts. The analyst also highlighted the Coinbase Premium Index, which remains above zero – a sign that US-based buyers are paying a premium over global spot prices. They added that the indicator is currently within a ‘Breaker’ structure, sharing the following chart for context. TraderOasis noted that while BTC price is rising, the Coinbase Premium Index indicator has remained relatively flat. The analyst explained: This suggests to me that major players are taking profits. If the descending trend structure I marked with an arrow is broken, the price is likely to rise much more strongly. On the other hand, if the indicator drops below the ‘0’ level, I may consider it a buying signal, as we are still in a macro bullish market. Short-Term Pullback For BTC? While the $2 billion stablecoin injection is likely to act as a bullish catalyst for BTC and the broader crypto market, some exchange data suggests a potential short-term pullback before the next leg up. For instance, BTC deposits to exchanges spiked after the digital asset hit a recent high around $123,000 – a pattern that often precedes local tops and is typically followed by a price correction. That said, despite recent profit-taking, BTC has not experienced a major price drop, pointing to robust underlying demand. At press time, BTC trades at $119,171, up 2.4% in the past 24 hours.

Ethereum price started a fresh increase above the $3,220 zone. ETH is now consolidating gains and might correct lower toward the $3,220 zone. Ethereum started a fresh increase above the $3,150 level. The price is trading near $3,250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,220 zone in the near term. Ethereum Price Extends Gains Above $3,300 Ethereum price started a fresh increase above the $3,000 zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,050 resistance zone and entered a positive zone. The bulls even pumped the price above $3,250. Finally, it tested the $3,420 zone. A high was formed at $3,423 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,935 swing low to the $3,423 high. Ethereum price is now trading above $3,300 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,300 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $3,350 level. The next key resistance is near the $3,400 level. The first major resistance is near the $3,420 level. A clear move above the $3,420 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,650 in the near term. Are Downsides Supported In ETH? If Ethereum fails to clear the $3,420 resistance, it could start a downside correction. Initial support on the downside is near the $3,300 level. The first major support sits near the $3,220 zone. A clear move below the $3,220 support might push the price toward the $3,180 support. Any more losses might send the price toward the $3,050 support level in the near term. The next key support sits at $3,020. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,300 Major Resistance Level – $3,420

Bitcoin has begun to recover after a brief decline triggered by the latest US Consumer Price Index (CPI) data. On July 15, the asset dropped to a low of $116,000 in response to news that inflation rose to 2.7% in June, amid continued concerns over tariffs from the Trump administration. As of this writing, Bitcoin is trading at $118,439, reflecting a 1.8% gain over the past 24 hours, which suggests that some investor confidence has returned to the market despite recent volatility. This short-term rebound occurs amid increasing on-chain and market activity, which analysts are closely tracking. One such contributor, Trader Oasis, recently published an analysis on CryptoQuant outlining various indicators tied to Bitcoin’s current movement. Bitcoin Open Interest, Price Divergence, and Institutional Signals The analyst explored a range of technical and behavioral metrics, including open interest, Coinbase premium index, and funding rates, that are influencing BTC’s recent price behavior and hinting at what may lie ahead. Trader Oasis began by noting that Bitcoin’s breach of the $107,000 resistance signaled the beginning of a potential distribution phase. He pointed out that a divergence between price and open interest acted as a preliminary bullish signal, preceding the asset’s climb. The current state, where both price and open interest are rising in tandem, is seen by some as a sign of strengthening momentum in the market. He also evaluated data from the Coinbase Premium Index, which remains above zero, typically seen as an indication of institutional demand. However, Oasis observed that the indicator’s flat behavior, even as price rises, could imply large entities are securing profits. He further suggested that a breakout above the descending trend line could trigger a stronger upward move, but a fall below zero might represent a new entry signal. Regarding funding rates, he noted that the current rise reflects renewed market confidence, although it is still below previous extreme levels. This, in his view, implies that while enthusiasm exists, excessive leverage is not yet present. Profit-Taking Rises as Binance Dominates Realized Flows A separate analysis by another CryptoQuant contributor, Crazzyblockk, looked at the realized profit and loss (PnL) across centralized exchanges. According to the data, Bitcoin investors realized $9.29 billion in profits in a single day, marking a record high for such flows. This surge in realized PnL reflects widespread profit-taking in the wake of Bitcoin’s recent price rally, especially among short-term holders. On Binance specifically, the realized PnL remains below its all-time highs but has seen a rising share compared to other exchanges. Data shows that on some days, Binance’s share of realized profits has reached up to 60%, reinforcing its growing importance in shaping market behavior. Crazzyblockk concluded that this concentrated profit-taking, led by Binance users, could indicate a shift in market dynamics, noting: Binance’s increasing dominance in realized PnL flows reinforces its critical role in market sentiment and liquidity. For traders and analysts, it is crucial to closely monitor Binance’s on-chain activity alongside other exchanges to stay ahead of potential volatility. Featured image created with DALL-E, Chart from TradingView

Bitcoin price started a downside correction from the $123,200 zone. BTC is now consolidating below $120,000 and might attempt a fresh increase. Bitcoin started a fresh decline from the new all-time high near $123,200. The price is trading below $119,500 and the 100 hourly Simple moving average. There is a rising channel forming with support at $118,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Hits Support Bitcoin price started a downside correction from the new all-time high at $123,200. BTC dipped below the $122,000 and $120,000 support levels to enter a short-term bearish zone. The price traded below the 23.6% Fib retracement level of the upward move from the $108,636 swing low to the $123,140 high. However, the downside was limited and the price found support near the $115,800 zone. The bulls protected a move below $118,000. The price stayed above the 50% Fib retracement level of the upward move from the $108,636 swing low to the $123,140 high. Bitcoin is now trading below $119,500 and the 100 hourly Simple moving average. There is also a rising channel forming with support at $118,200 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $119,200 level. The first key resistance is near the $119,500 level. The next resistance could be $120,000. A close above the $120,000 resistance might send the price further higher. In the stated case, the price could rise and test the $121,200 resistance level. Any more gains might send the price toward the $122,000 level. The main target could be $123,200. More Losses In BTC? If Bitcoin fails to rise above the $120,000 resistance zone, it could continue to move down. Immediate support is near the $118,200 level and the channel. The first major support is near the $116,500 level. The next support is now near the $115,500 zone. Any more losses might send the price toward the $113,500 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 bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $118,200, followed by $115,500. Major Resistance Levels – $120,000 and $122,000.

Ethereum is flashing signs of an aggressive upside move, with well-known crypto analyst Kaleo (@CryptoKaleo) forecasting what he described as a “God candle” that could propel ETH beyond the $4,000 mark within days. In a post on X, Kaleo wrote: “God candle to $4K+ this week… honestly though I wouldn’t be surprised if we see something like this play out after today’s news. Don’t let them shake you out if it happens anon. up only soon.” In Kaleo’s chart, the Ether–USDT pair is sketched inside an ascending wedge whose upper boundary has capped every rally for more than three months. That resistance line now sits near $3,000, while the lower boundary originates near $1,450 in early April and accelerates through $2,600 by late June. Ethereum Breakout Fuels $4,000 Hopes The pattern briefly failed in mid-June, when price sliced through support and bottomed near $2,100—an episode Kaleo tags “Breakdown.” Three week later the market closed decisively back above that very line, an event he annotates “Reclaim,” converting former support turned resistance back into a springboard. Candles since the reclaim have marched steadily higher, compressing volatility against the wedge’s apex until earlier this week when price punched through the ceiling at roughly $3,030. At the moment the screenshot was taken the pair traded near $3,041, and a hand-drawn white projection—labelled “Send”—plots a near-vertical advance that crests just above $4,000. The projection takes its height from the widest section of the wedge: the distance between the early-May trough and the mid-May swing high measures a little over $1,000; adding that amplitude to the breakout point delivers a classical measured-move objective in the low-$4,000s, matching Kaleo’s target. Also importantly, price has reclaimed the psychological $3,000 handle on convincing momentum, turning what had been the midpoint of the range into fresh support. Intermediate friction zones appear near $3,344–the 0.618 Fibonacci retracement also known as the “golden pocket– but the projection assumes these levels will offer little resistance should a “god candle” materialise. Kaleo’s prediction comes on the heels of a broader risk‑on backdrop: Bitcoin is accelerating towards its record high near $123,000 from last week as investors embrace a steadier macro environment. For Ether specifically, enthusiasm has been amplified by an SEC filing revealing that Peter Thiel’s Founders Fund accumulated a 9.1 percent stake in Bitmine  Immersion  Technologies, the Tom Lee‑chaired public company that has stockpiled more than 163,000 ETH—roughly half a billion dollars’ worth—as part of an aggressive Ethereum‑treasury strategy. The twin tailwinds of macro‑driven liquidity and high‑profile venture endorsement reinforce Kaleo’s thesis that a “god candle” toward the $4,000 mark could ignite before the week draws to a close. At press time, ETH traded at $3,225.