Todas Atividades

After hitting above $3,800, the Ethereum price seems well on track for the next phase of the cycle. The ongoing trend has been closely mirroring what was seen back in 2016-2017 before the surge that sent the altcoin’s price to new all-time highs. This remains a major deal given that if the trend does play out similarly to what was seen in the 2017 cycle, then it means that the Ethereum price rally is only just beginning. Ethereum Price Mirrors Bullish 2017 Back in 2017, before the bull market, the Ethereum price had struggled to stay on track with the Bitcoin price. This resulted in a lag as the price kept taking a beating with each uptrend. In the end, the Ethereum price ended up ranging for a while, with two fakeouts before the price was able to eventually breakout. Similarly, the Ethereum price has ranged for the last year, with multiple fakeouts that have already kept the price low. Just like 2017, again, a crash sent the altcoin’s price down by almost 50% to create what seemed to be the perfect bear trap, as illustrated in this chart by crypto analyst Merlijn The Trader on X (formerly Twitter). The analyst points out these similarities in the Ethereum chart, showing that the same range, fakeout, and breakout have now played out for the cryptocurrency just like they did in 2016-2017. Given this, it is likely that the next phase in the trend will also follow the 2017 playbook. After the bear trap and eventual breakout in 2017, the Ethereum price had rallied by 5,000%, going from under $8 to over $250 in less than one year. Applying a similar breakout structure to Ethereum in 2025 would mean rising as high as $40,000. However, adjusting for how high the market cap currently is, a conservative target would mean that the Ethereum price is at least able to cross the $10,000 level, which would be only a 200% increase from its current level. Applying the same timeframe as in 2017 would mean that it could play out in the next six months. Additionally, Ethereum now has something that it didn’t have back in 2017, and that is institutional backing. Presently, Ethereum is quickly becoming a favorite among institutional investors as ETH treasury companies have poured over $7 billion into the altcoin, according to data from The Block. In July 2025 alone, over $2 billion has flowed into Spot Ethereum ETFs, showing a ramp-up in institutionalized interest. Due to this rise in institutional investments, Merlijn The Trader has explained that institutions are now the ones behind the wheel with the same setup from 2017. This suggests higher liquidity as these major players are expected to drive and determine the ETH price this cycle.

Asia Market Wrap - Sentiment on the Up Global stocks hit a new record high, boosted by a 1% rise in Asia. Japanese markets surged up to 2%, driven by strong performance in the financial sector, while the yen strengthened as investors believed a trade deal could lead to an interest rate hike. Nasdaq 100 futures climbed 0.3% after Alphabet's earnings, but Tesla shares fell in after-hours trading due to a weak forecast. Easing global trade tensions have calmed investors, reducing fears of a long trade war and driving market gains. Many believe the US will take a practical approach to avoid tariffs significantly hurting company profits. President Trump hinted he wouldn’t lower tariffs below 15% as he prepares new trade rules before the August 1 deadline. For a more in depth look at the Asian session, read Asia midday: Asian stocks rise on AI optimism, US-EU trade hopes, EUR/GBP (Chart of the day) bullish trend intact as ECB looms Euro Area PMIs The HCOB Eurozone Composite PMI rose to 51 in July 2025, up from 50.6 in June, showing the fastest growth in private economic activity in 11 months and slightly beating expectations of 50.8. The growth was driven by stronger performance in the services sector (51.2 vs 50.5 in June) and a near recovery in manufacturing (49.8 vs 49.5), which had its least negative result in three years. New orders remained steady, ending 13 months of decline, which helped boost output in both sectors. This positive trend in new business encouraged companies to hire more staff for the first time in five months. On prices, input costs rose at a slower pace, allowing firms to keep their prices steady after two months of cuts. However, business confidence dipped slightly, likely due to ongoing concerns about US tariff threats. European Open - US/EU Trade Negotiation, ECB Meeting Optimism about a trade deal pushed global stocks to new record highs on Thursday. This came ahead of key global economic data, a European Central Bank meeting, and an unexpected visit to the Federal Reserve by US President Donald Trump. Reports that the EU and US were nearing a deal on 15% tariffs, with exceptions for some industries, followed a recent agreement with Japan. This boosted the MSCI world stock index for the seventh day in a row. In Europe, the positive trend continued as Germany's DAX index, which relies heavily on exports, rose over 1%, and the STOXX regional index gained 0.6%. Deutsche Bank's better-than-expected results sent its shares up more than 4%, lifting banking stocks to their highest level since the 2008 financial crisis. However, Nestle's shares dropped 4.5% after it announced its first-half results and plans to sell one of its businesses. The pound fell by 0.28% to 1.3544 after reaching a two-week high of 1.3588 earlier in the session. The dollar gained slightly against the euro and yen following progress in trade talks. The pound also weakened against the euro, which dropped 0.16% to 86.81. Last week, the euro reached 86.98, its highest level since April 11. Currency Power Balance Source: OANDA Labs In commodity markets, oil prices went up as traders speculated that recent trade deals would boost global growth. Prices also rose due to a bigger-than-expected drop in US crude stockpiles. US crude increased by 0.52% to 65.59 per barrel. Meanwhile, gold prices dipped slightly to $3,370 per ounce as investors showed more interest in riskier assets, reducing demand for safe-haven options like Economic Data Releases and Final Thoughts Looking at the economic calendar, we are finally getting some high impact later today. First we have the ECB meeting where the Central Bank is expected to keep rates on hold, with 90% probability based on LSEG data. Earnings season continues today and then later in the US session we will get the latest PMI numbers from the world's largest economy as well. This will be the first glance for market participants from the mag 7 stocks which could stoke some interesting market reactions depending on the release. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - FTSE 100 Index From a technical standpoint, the FTSE 100 index has continued its rise with an amazing four-hour candle close this morning. Improved trade deal sentiment and the impressive rally on Wall Street could be the driving force. The FTSE is now comfortably in overbought territory and we are seeing a slight pullback this morning. Immediate support rests at 9110 before the 9048 and 9000 handles comes into focus. The upside does not have any historical data to focus on and thus I will look toward psychological numbers like 9250 and potentially 9500. FTSE 100 Daily Chart, July 24. 2025 Source: TradingView.com (click to enlarge) 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. © 2025 OANDA Business Information & Services Inc.

The Japanese yen posted gains earlier but failed to consolidate. In the European sesssion, USD/JPY is trading at 146.57, up 0.07%. Earlier, the yen strengthened to 145.83, its highest level since July 10. Japan's services expands but manufacturing contracts Japan posted mixed PMIs for July. Services expanded for a fourth consecutive month, rising to 53.5 from 51.7 in June and easily beating the forecast of 51.3. This marked the fastest pace of growth since February. Still, employment rose slowly and exports declined due to the uncertainty over US trade policy. The manufacturing sector reverted back to contraction after marginal expansion of 50.1 June. The reading of 48.8 missed the forecast of 50.2 and marked the lowest level in three months. The decline in output was driven by weaker exports as businesses remained cautious due to trade tensions. Markets cheer US-Japan agreement The financial markets cheered the news of a US-Japan trade agreement after months of tough negotiations. Under the deal, most Japanese products will be subject to a 15% tariff, the best deal that a nation with a trade surplus with the US has negotiated with Washington. Japan has agreed to purchase more US rice and invest up to $550 billion in the US. Japanese stock markets hit a 1-year high after the news and Bank of Japan Deputy Governor Shinichi Uchida said that the deal would reduce uncertainty and hinted at another rate cut before the end of the year. Japan releases Tokyo Core CPI, one of the BoJ's preferred inflation indicators, on Friday. In June, Tokyo Core CPI slipped to 3.1% y/y, down sharply from 3.6% in May, the first slowdown since February. The downward trend is expected to continue, with a consensus of 3.0%. USD/JPY Technical USD/JPY is testing resistance at 146.62. Above, there is resistance at 147.171.4602 and 145.52 are the next support levels USDJPY 1-Day Chart, July 24, 2025 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. © 2025 OANDA Business Information & Services Inc.

Dogecoin (DOGE) has retraced alongside the rest of the market to retest a crucial level as support. Some analysts suggest that holding its current price range would set the stage for reclaiming the next key area. Dogecoin Retests Breakout Levels On Wednesday, Dogecoin momentum saw a momentary pause as Bitcoin and most of the market’s rally slowed down. The leading memecoin has recorded a massive run over the past week, increasing over 25% in the last seven days. At the start of the month, DOGE recovered from the June pullback and climbed to the $0.20 level for the first time since May. After reclaiming this crucial level mid-July, the cryptocurrency consolidated around this area, building a base before resuming its bullish run last Wednesday. Over the weekend, Dogecoin broke out of the $0.23-$0.24 resistance, soaring past the May highs to hit the $0.28 area on Monday. The token near this level on Tuesday, hovering between the $0.26-$0.27 price range. However, today’s pullback saw the memecoin drop approximately 9% in the daily timeframe and retest its breakout level around the $0.23 mark. Despite the correction, crypto analyst Kaleo affirmed that “If you’re not stacking Dogecoin on the retest of this breakout, you’re wrong.” The analyst highlighted that the token is repeating its Q4 2024 performance, when it retested its breakout level as support before starting the explosive rise to its multi-year high of $0.48. Amid the retracement, Ali Martinez also asserted that DOGE is retesting the neckline of its double bottom pattern, situated around the $0.25 mark. To the analyst, “This is a key support zone that could offer a solid entry point before the next leg up.” Notably, he previously suggested that as long as the token holds this area as support, a rally toward the $0.33-$0.40 is likely, adding that the next major resistance barrier is at $0.36. DOGE Weekly And Monthly To Determine Next Move Rekt Capital noted that Dogecoin has successfully retested its multi-year technical uptrend as support, which enabled its rally to the upside. He explained that price is currently “pressing beyond its pre-halving highs,” around the $0.22 level. A monthly close above this area would position Dogecoin price for a post-breakout retest of this level as support in August. The analyst highlighted that DOGE’s Pre-Bitcoin halving levels are confluent with the neckline of the double bottom pattern recorded in the Weekly chart. Rekt Capital explained that “any dips on the Weekly timeframe into the ~$0.22 region would figure a post-breakout retest attempt of the Double Bottom to fully confirm a breakout, whereas on the Monthly any dips would figure as a key technical milestone to finally turn Pre-Halving highs into new support.” Nonetheless, Dogecoin’s re-challenge of the $0.27 resistance depends on the success of the ongoing retests, as it would signal that this area is weakening as a rejection point and making a reclaim more likely during the next attempt. As of this writing, Dogecoin is trading at $0.24, a 54% increase in the monthly timeframe.

Zora crypto is up 80%, pushing July gains to over 650%. This spike follows its integration with Base via the Base App. Brian Armstrong of Coinbase has reportedly deployed a coin. On a day when Bitcoin, Ethereum, and some of the best cryptos to buy retraced, with Bitcoin dropping below $118,000, Zora crypto soared, posting double-digit gains. By the close of the July 23 trading session, ZORA, the token powering Zora, surged a massive 80%, outperforming even some of the top Solana meme coins battered by declining crypto prices. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Zora Jumps 80%, Up 650% in July 2025 The uptrend remains, and with ZORA2 (No data) crypto defying market trends, the token is easily outperforming even some of the top Solana meme coins. From the daily chart, based on MEXC data, Zora is trading at near all-time highs. It surged 80% yesterday and boosted July gains to over 650%. Although trading volume has decreased since the climactic surge on July 21, buyers remain firmly in control, pressing forward despite possible profit-taking. ZORA2PriceZORA224h7d30d1yAll time Coinglass data shows that traders across multiple exchanges, including Bybit and Hyperliquid, are flocking to this top performer. In the past 24 hours, trading volume soared to over $780 million, rising 160%. Meanwhile, open interest stands at over $42 million. (Source: Coinglass) Why Is Zora Rallying? Base Integration Zora is rallying following its integration with Base, an Ethereum layer-2 platform developed by Coinbase, a leading crypto exchange. This integration introduced Creator Coins on Base. Notably, this development follows Base’s launch of the Base App, a dApp designed to change content tokenization by integrating Zora’s infrastructure with Farcaster, a decentralized social media protocol. Reportedly, Brian Armstrong, the founder of Coinbase, discreetly launched his “meme coin,” Base Shake, on Zora. DISCOVER: 13 Best Crypto Presales to Invest in July 2025 – Top Token Presales Zora Crypto Spikes 80% After Base Integration Zora crypto up 80% in 24 hours Bulls in control as Zora pushes July gains to over 650% Zora integrates Base via the Base App Creator Coins trading activity explodes The post Zora Crypto Surges 80% After Base Integration: Will the Rally Last? appeared first on 99Bitcoins.

A new report from Glassnode has revealed a historically significant Ethereum level that could mark the start of an overheated phase if breached. Ethereum Is Moving Towards Active Realized Price In its latest weekly report, the on-chain analytics firm Glassnode has talked about some valuation models for Ethereum. The models in question are the Realized Price, True Market Mean, and Active Realized Price. The first of these, the Realized Price, refers to the average cost basis or acquisition price of all tokens of the cryptocurrency that are currently part of the circulating supply. The other two models, the True Market Mean and Active Realized Price, also aim to find the network cost basis, but both of these exclude for the long-dormant coins. Such tokens are likely to be lost due to missing wallets keys, so they aren’t part of the economic supply. Thus, these models may provide for a more accurate measure of the market situation than the Realized Price. Now, here is a chart that shows the trend in the three on-chain pricing models for Ethereum over the last few years: As displayed in the above graph, the Ethereum Realized Price, True Market Mean, and Active Investor Price are situated around $2,100, $2,500, and $3,000, respectively. This means that at ETH’s current spot value, all models agree that the holders as a whole are in the green. But now that the asset has escaped above these lines, what could be next? “In order to gauge upside targets for this ETH rally, we can turn to the +1 standard deviation band of Ethereum’s Active Realized Price,” notes Glassnode. The +1 standard deviation (SD) band of the indicator happens to be where selling pressure has intensified in the past. The reason behind the trend may lie in the fact that investor profits become significant beyond this boundary, so mass selloffs with the purpose of profit-taking can become more likely to take place. Below is a chart that shows where this level currently lies for ETH. From the graph, it’s visible that the Ethereum Active Realized Price +1 SD is located at $4,500 today. ETH is currently still at a distance from the level, but if its recent bullish push continues, it might end up retesting it. In the current cycle so far, ETH has tested the boundary once, in March 2024. Back then, the cryptocurrency found rejection at it. In the 2021 bull run, the coin was able to surge past it, but in doing so, it kicked off the unsustainable euphoria market phase. “As such, $4,500 can be identified as a critical level to watch on the upside, especially if Ethereum’s uptrend continues and speculative froth builds further,” explains the analytics firm. ETH Price At the time of writing, Ethereum is floating around $3,600, up almost 7% in the last seven days.

If you want to remove AI from Google Search, here’s how. Google is a million ads in a trench coat. You may not have noticed, but your brain did. Google has pulled the wool over our eyes: the platform is a swamp of ads, SEO, and articles written by robots. Thankfully, with the rise of Web3 and other alternatives, it has never been easier to escape AI. Here are the best ones out now: Reddit: The Easiest Option Now, don’t get us wrong, the internal Reddit search function is horrendous. However, you can find some fantastic content if you use an external website like Google or Bing and add Reddit at the end. In fact, you could have found out about BTC ▲0.41% or ETH ▼-0.73% way before they ever got popular on internet forums like Reddit and 4chan. (Source) “Best laptops working from home” reddit “Best food in Hanoi” reddit “Should you tip at Starbucks?” Reddit Adding “Reddit” to your query also makes the results more human and provides a quick, easy answer. Brave Browser: The Best Web3 Option Engineered by the mind behind JavaScript, Brave Browser blocks ads, trackers, and malicious sites that Google constantly pushes onto its users. They also uses their own search engine and cryptocurrency called Brave Search and BAT token, respectively. (BATUSDT) I’m not sold on their monetization through advertisements; however, Brave is the best all-around option: clean, fast, secure and Web3 focused. Yandex: Brought to you by Mother Russia Now we’re in territory where you’re asking yourself, “Yandex? Is he making this sh*t up?” Nope. Yandex, the search engine of Russia, has been around since 1997, and when it comes to ease of use, it is unparalleled. Look at how clean these results are: Since Russia is at war with the West, you should be warned that Russia could mine your data here. But Google does the same so pick your poison …because damn, are those search results sleek. X / Twitter: The Best in 2025 X is also muscling into Google’s turf with Grok’s ability to pull real-time insights from X posts and the web. Hell, someone just livestreamed the South Park season 27 premiere; X has the energy of Reddit in 2010. In July 2025, X rolled out Grok 4 which came with better reasoning, image generation, anime, and a $200 million Defense Department contract to bring Grok to the military. Who knows where that leads?! In 2025, brief, concise answers, preferably by a human or something that acts very close to it, is what we want. With these options, you get that. 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 If you want to remove AI from Google Search, here’s how. Google is a million ads in a trench coat. You may not have noticed, but your brain did. Google has pulled the wool over our eyes: the platform is a swamp of ads, SEO, and articles written by robots. The post Now that Google is Dying, Here Are Better Alternatives (Remove AI From Google Search) appeared first on 99Bitcoins.

Bitwise made it through the front door, only to get shoved down the hallway and told to screw off. On Tuesday, the SEC’s trading division approved a first-of-its-kind multi-crypto ETF before the agency’s top brass froze it. The pause came via Rule 431, a procedural tool used when internal consensus is polarized. Is this the deliberate slowing down of cryptoization in America? “SEC Division of Trading & Markets has approved the Bitwise 10 Crypto Index ETF… However, like with the Grayscale Digital Large Cap ETF, this approval order is stayed.” — Nate Geraci, President of Novadius Wealth Management What’s Inside the Bitwise 10 ETF? The Bitwise 10 ETF would track a basket of top digital assets, weighted by circulating market cap. As of June 30, 2025 here’s how the ETF looks: BTC ▲0.41% dominated the index at 78.72%. Followed by ETH ▼-0.73%at 11.10%. XRP (4.97%) and Solana (3.03%) filled out the next tier Smaller slices allocated to ADA, SUI, LINK, AVAX, LTC, and DOT. At least 85% of the ETF’s holdings will stay within SEC-approved crypto ETFs, while the rest will go to newer tokens still waiting on greenlights. Coinbase Custody will hold the coins, and Bank of New York Mellon handles the fiat. A New Pattern of “Approval-with-Hesitation”? The SEC’s latest stall has reignited criticism that the agency is dragging its heels, even as the crypto sector builds the infrastructure regulators once demanded. “IMO, both of these should be allowed to convert/uplist asap. Bizarre situation.” — Nate Geraci, Novadius Wealth Despite the pause, the Bitwise 10 ETF checks every institutional box: secure custody, real-time pricing, compliance-ready structure. That makes the delay harder to justify, especially as demand for regulated crypto exposure climbs. The product isn’t dead, but stuck in bureaucratic limbo for now. 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 On Tuesday, the SEC’s trading division approved a first-of-its-kind multi-crypto ETF before the agency’s top brass froze it. Despite the pause, the Bitwise 10 ETF checks every institutional box: secure custody, real-time pricing, compliance-ready structure. The post Bitwise ETF: SEC Gives Greenlight, Hits Pause Button Hours Later appeared first on 99Bitcoins.

Join OANDA Market Analyst Kenny Fisher, Nick Syiek (TraderNick) and podcast host Jonny Hart as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. https://open.spotify.com/episode/22PnheK2NyNSv0QlyZdhbL?si=edrEMoOKQsOKk-CuEGg_FQ 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. © 2025 OANDA Business Information & Services Inc.

The price of PUMP has nosedived after co-founder Alon Cohen revealed that the highly anticipated airdrop isn’t happening anytime soon. The announcement came during an interview with ThreadGuy and immediately triggered a wave of panic selling. The crash also comes amid broader market weakness, with Bitcoin hovering just above $117,000 and investors closely watching its next move. Altcoins are losing steam: XRP is down 12%, Solana has dropped 8%, while Ethereum is holding up slightly better with a 3% dip. Within hours of Alon’s statement, two early investor wallets offloaded a combined 1.25 billion PUMP tokens, worth around $3.81 million, at an average price of $0.00305. According to on-chain data, the whales exited with over $1.19 million in realized losses. This strong sell-off wiped out short-term gains after PUMP had found a temporary floor near $0.0036 earlier in the week. The token is now down over 24% in the past 24 hours and nearly 56% from its ATH. EXPLORE: Best New Cryptocurrencies to Invest in 2025 Pump Crypto Faces Backlash as Airdrop Delay Erodes Community Trust Community frustration has grown steadily as Pump.fun delays details of the airdrop promised during its record-breaking $600 million ICO. While Alon confirmed that an airdrop will happen, he stressed that the team is prioritizing long-term ecosystem development over immediate token rewards. We want to make sure that it is a meaningful airdrop and it is executed well. That being said, the airdrop is not going to be taking place in the immediate future.” But this decision is controversial. When you launch a token and promise an airdrop, it’s supposed to reward early supporters: the people who helped you build momentum. Delaying it indefinitely opens the door to airdrop farming and undermines trust. Waiting a year to reward loyal users defeats the whole purpose. The decision to delay, paired with whale exits at a loss, suggests diminishing confidence in short-term price action. Pump.fun, for now, remains a dominant force in Solana’s token ecosystem, having generated $774 million in revenue and launched over 12 million tokens. But unless the team restores community trust and delivers on its promises, PUMP may continue to face downside pressure, especially with newer competitors like LetsBonk gaining ground. 2 hours ago Solana Crypto Price Touched $200 Before -9% Sell Off: Best Crypto to Buy Now? By Akiyama Felix Solana has been on a wild ride recently, surging more than 10% from $180 to $200 in 3 days. This all happened before an overnight sell-off, which saw SOL retrace the entire move. With the market on a slight dip, many traders are wondering, ‘What is the best crypto to buy right now?’ Read the full story here. 2 hours ago XRP Reclaims $3 After 16% Drop – Is the Rally Losing Steam? By Fatima XRP has been one of the top-performing altcoins this cycle, gaining 72% over the past month. But after reaching a local high of $3.67, the token dropped sharply to $2.96 in the last 24 hours before bouncing back above $3, now trading at $3.05. On-chain signals suggest that XRP’s rally could be cooling off. First, data from CryptoQuant shows XRP’s exchange reserve on Binance hit a yearly high of 2.98 million tokens worth over $10 million. When coins move to exchanges, it often signals selling intent. XRP’s taker buy/sell ratio has stayed below 1 since July 10, currently at 0.88. This means futures traders are selling more than buying, adding to the bearish pressure. While XRP remains one of the strongest altcoins of the cycle, these indicators point to a possible short-term correction. If selling continues, and XRP price breaks the $2.95 level, the next support lies near and $2.65. The post [LIVE]PUMP Price Crashes Amid Airdrop Delay As BTC Fights to Hold $117,000 appeared first on 99Bitcoins.

Bitcoin continues to hover below its all-time high, with current trading levels near $118,000 reflecting a 0.6% daily drop and a 3.8% pullback from the peak above $123,000 recorded earlier this month. While the broader trend remains uncertain, analysts have assessed on-chain activity for signs of the next major move. Recent data from CryptoQuant analysts highlights a divide between retail and institutional behavior across leading exchanges, raising questions about potential profit-taking or strategic accumulation. Bitcoin Retail Traders Sell into Strength, While Whales Accumulate On the one hand, short-term holder (STH) behavior on Binance suggests some market participants are opting to take profits following the asset’s strong rally. On the other hand, Kraken has recorded a sharp outflow of Bitcoin, a movement typically associated with whale activity or long-term accumulation. This contrasting activity across platforms suggests a split in market sentiment, with retail traders potentially trimming their exposure and larger players preparing for sustained upside. According to CryptoQuant analyst Amr Taha, the Binance Exchange Inflow Ratio for Short-Term Holders recently crossed the 0.4 level, historically linked to increased retail selling pressure. These STHs, who typically hold Bitcoin for fewer than 155 days, tend to deposit funds to exchanges during periods of price strength to lock in gains. The spike above this threshold may indicate a growing tendency among retail investors to exit positions in anticipation of volatility. In contrast, the same analysis pointed to significant outflows from Kraken, with over 9,600 BTC withdrawn on July 22, one of the highest single-day outflows seen in recent months. Taha interpreted this as a potential signal of whale accumulation, with institutional or high-net-worth participants removing assets from exchange custody, often in preparation for long-term storage. This divergence in behavior between Binance and Kraken highlights the differing strategies employed by market segments, with retail users leaning toward short-term positioning and whales opting for long-term accumulation. Binance Reserve Trends Highlight Strengthening Profit Margins Adding another layer to the evolving market picture, CryptoQuant analyst Darkfost shared that Binance’s unrealized profit on its Bitcoin reserves has hit an all-time high of approximately 60,000 BTC. This figure has grown despite a gradual decline in total BTC reserves held on the platform, which have fallen from 631,000 BTC in September 2024 to 574,000 BTC as of now. A portion of these holdings, around 16,000 BTC, is locked in custodial wallets to back the BTCB token on the BNB Chain, serving operational purposes. Darkfost emphasized that decreasing exchange reserves are often interpreted as a sign of investor confidence, reflecting a preference to store Bitcoin in personal wallets rather than leaving it on centralized platforms. The rise in unrealized profit amid falling reserves may indicate that while outflows persist, the remaining holdings have appreciated significantly in value, highlighting the platform’s strengthened position. Featured image created with DALL-E, Chart from TradingView

Washington State just dropped the hammer on a crypto-linked fraud operation, filing to seize $7.1 million in digital assets tied to an international oil storage scam. The scheme lured investors with promises of high returns, but it turns out that everything is smoke. Backed by the DoJ and Homeland Security Investigations, the civil action targets crypto wallets allegedly used to launder investor funds. The main suspect, Geoffrey K. Auyeung, already faces a criminal indictment and could see up to 200 years behind bars. BitcoinPriceMarket CapBTC$2.36T24h7d30d1yAll time Inside the Oil Storage Scam: Crypto, Shell Companies, and Global Laundering Fraud Investigation suggests this was a well-coordinated, high-dollar scheme wrapped in fake oil investments. From August 2022 to August 2024, scammers convinced victims to invest in oil tank storage units in hubs like Rotterdam and Houston. They have used pitch decks that promised substantial rental profits. In reality, the entire operation was smoke and mirrors. Victims wired funds into what they believed were legitimate escrow accounts tied to shell companies. Some of those companies’ names were Sea Forest International LLC, Apex Oil and Gas Trading LLC. While the civil forfeiture process plays out, the criminal case against Auyeung and others continues to evolve. Authorities believe more victims may emerge, and additional crypto assets may be traced as forensic analysis continues. For investors and exchanges alike, this case reinforces the need for diligence and compliance, because in the post-FTX world, the regulators are watching closely. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Washington State forfeits $7.1 million in crypto fraud. More than $97 million could be the losses. The post Washington State Files Civil Action to Forfeit $7.1 Million in Crypto from International Fraud Scheme appeared first on 99Bitcoins.

S&P 500 and Nasdaq 100 E-mini futures continued to edge higher in Asia’s Thursday session, up 0.1% and 0.3% respectively. Gains were supported by upbeat sentiment from Wednesday’s US session, despite mixed Q2 results from Tesla and Alphabet. Investor optimism was further boosted by President Trump’s new executive orders to bolster US artificial intelligence capabilities and improve prospects for a US-EU trade agreement. Tesla drops on earnings miss, while Alphabet rises on AI demand Tesla shares tumbled 4.4% in after-hours trading as Q2 earnings fell short of expectations ($0.40 EPS vs. $0.48 consensus). CEO Elon Musk’s cautious outlook—citing the phase-out of EV incentives and slow driverless tech deployment—added to the negative sentiment. In contrast, Alphabet shares rose 1.7% after beating earnings forecasts ($2.31 EPS vs. $2.16), buoyed by strong AI-driven sales growth. US stocks rally to fresh highs, led by Dow and tech giants The S&P 500 climbed 0.8% to a new all-time high, while the Nasdaq 100 gained 0.4%, led by Nvidia (+2.3%). The Dow Jones Industrial Average outperformed with a 1.1% jump to 45,010—just shy of its record high from December 2024. All major US indices remain in strong short-to-medium-term uptrends. Asia markets track Wall Street gains as US-EU Trade talks advance Asia-Pacific equities mirrored the US rally amid growing optimism that the 1 August US-EU trade deadline may yield a breakthrough. Media reports suggest progress toward a 15% tariff on most EU imports, replacing prior sticking points in negotiations. Nikkei nears record high; STI and Hang Seng extend gains Japan’s Nikkei 225 surged 1.7% to 41,870, closing in on its all-time high of 42,427. Hong Kong’s Hang Seng Index added 0.4%, marking its fifth straight daily gain. Meanwhile, Singapore’s Straits Times Index rose 0.8%, poised to log a 14th consecutive record close,up 11% from its 23 June low. Japanese yen leads FX moves ahead of ECB, Gold slides toward support The US dollar weakened further during Asia hours, with the Japanese yen outperforming major peers, gaining 0.4%. The Australian dollar also advanced by 0.3%. The euro and sterling traded almost unchanged from Wednesday’s US session close as traders await the European Central Bank (ECB) monetary policy decision out later today, where the consensus has priced in no rate cut to maintain its key deposit rate at 2% after eight consecutive cuts. ECB President Lagarde’s press conference will be pivotal as market participants look out for more hints to indicate ECB is at the end of its interest rate cut cycle. If such hawkish hold guidance materialises, the EUR/USD is likely to have more impetus to maintain its recent minor short-term bullish uptrend phase that kickstarted last Wednesday, 17 July. Meanwhile, gold (XAU/USD) extended its decline, shedding 0.3% intraday after a 1.3% drop yesterday. The precious metal is now nearing a key short-term support at US$3,260, where buyers may return. Economic data releases Fig 1: Key data for today’s Asia mid-session (Source: MarketPulse) Chart of the day – EUR/GBP looks set to resume its bullish move as ECB looms Fig 2: EUR/GBP minor & medium-term trends as of 24 July 2025 (Source: TradingView) The recent slide of 58 pips seen on the EUR/GBP cross pair from its 15 July swing high area of 0.8700 has hit a key inflection point for the bulls to resume a potential bullish impulsive up move sequence with its short-term minor uptrend phase in place since 27 June 2025 low. Firstly, the price action of EUR/GBP has staged a bounce right above the lower boundary of its medium-term ascending channel from 29 May 2025 low, and its rising 20-day moving average. Secondly, the hourly RSI momentum indicator has formed a “higher low” after it hit a recent oversold reading on 23 July, which suggests a potential short-term bullish momentum revival. Watch the 0.8640 short-term key pivotal support, and a clearance above 0.8700 increases the odds of a fresh bullish impulsive up move sequence to see the next intermediate resistances coming in at 0.8740/8770 and 0.8800 (see Fig 2). However, a break below 0.8640 invalidates the bullish scenario for a minor corrective decline to expose the next intermediate supports at 0.8600 and 0.8540 (also the 50-day moving average). 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. © 2025 OANDA Business Information & Services Inc.

On-chain data shows the XRP whales have transferred significant amounts in the asset during the past day. Here’s where the coins are heading. XRP Whales Have Just Made Two Large Transactions According to data from cryptocurrency transaction tracker service Whale Alert, two massive transfers have been spotted on the XRP blockchain in the last 24 hours. Both of these moves were of a scale that can be associated to the whales, entities that carry significant amounts in their wallets. Due to their size, these investors can hold some degree of influence on the network, so their transfers can be worth keeping an eye on. They may not always directly affect the asset, but they can still sometimes be revealing about the sentiment among the cohort. That said, it’s only possible to speculate on transactions when they involve at least one wallet that’s identifiable. Cryptocurrency networks are, after all, anonymous by nature, so a lot of transfers don’t hold any meaningful information. The older of the two XRP whale transfers from the past day, which also happens to be the much more massive of the two, was unfortunately of the type with no known addresses. As is visible above, the transfer involved around 200 million XRP, worth a whopping $700.6 million at the time that the move was executed on the blockchain. The transaction occurred between two unknown wallets, meaning that they were likely to have been self-custodial addresses. As mentioned before, it’s hard to infer anything from moves like these, as they can have any underlying reason, ranging from something as simple as a change of wallets to a peer-to-peer (P2P) sale. The second whale transfer for the day, however, was different. Below are the details associated with this move. This transaction, which saw the movement of 16.8 million tokens of the asset (about $58.3 million), had an unknown wallet as the sender, but on its receiving end was an address associated with cryptocurrency exchange Coinbase. Moves of this type, where coins flow from a self-custodial wallet to a centralize exchange, are called Exchange Inflows. Generally, holders deposit their coins to these platforms when they want to make use of one of the services that they provide, which can include selling. As such, Exchange Inflows can sometimes prove to be bearish for the cryptocurrency’s price. Given that the whale has made this transaction following a surge in XRP, it’s possible that profit-taking may have been the motive behind it. XRP Price At the time of writing, XRP is trading around $3.27, up over 9% in the last week.

Bitcoin’s recent price action reflects a consolidation phase rather than a decisive move in either direction. After briefly touching an all-time high of over $123,000 earlier this month, BTC has seen a gradual pullback, currently trading around $118,000 at the time of writing. This represents a 1.1% drop in the last 24 hours and a 3.9% decline from its peak, as traders evaluate whether the current market structure suggests a continuation or a correction. According to new insights from CryptoQuant contributors, indicators present a split narrative. Some metrics suggest rising optimism among traders, while others indicate a more cautious and holding-focused environment. Surge in Long Positions Raises Contrarian Concerns CryptoQuant contributor BorisVest highlighted a notable spike in the long/short sentiment ratio on Binance, showing a growing preference among traders for long positions. This metric, which tracks the volume of long versus short positions on the exchange, has tilted significantly bullish within the $116,000–$120,000 price range. He noted that during Bitcoin’s previous consolidation between $100,000 and $110,000, sentiment leaned toward short positions, a setup that preceded a breakout to the upside and a wave of short liquidations. This time, however, the environment has flipped. BorisVest explained: Now that sentiment is skewed heavily toward longs, the same principle could apply in reverse. When the majority positions in one direction, it often creates a setup for the opposite move. The current range is acting as a trap zone, where traders’ expectations are repeatedly tested. The historical tendency for sentiment extremes to precede contrary price action has prompted some analysts to advise caution, suggesting that growing bullish bias could lead to a temporary reversal if met with enough liquidity pressure. Bitcoin Exchange Flow Patterns Reflect Investor Patience While Binance sentiment data leans bullish, another key on-chain indicator paints a different picture. CryptoQuant analyst Arab Chain examined the Bitcoin Flow Pulse (IFP) indicator, which tracks BTC movements to centralized exchanges. According to the data, despite Bitcoin’s recent high above $120,000, there has not been a corresponding spike in exchange inflows, suggesting that investors are not rushing to take profits or exit the market. This behavior contrasts with historical cycles in 2017 and 2021, where price peaks were accompanied by large exchange inflows and followed by corrections. Arab Chain wrote: The market now shows a consolidating trend, with reduced selling pressure. The low flow to exchanges indicates confidence among holders and suggests that many participants are expecting the uptrend to continue. Still, he cautioned that a shift in the IFP indicator, such as a sudden rise in exchange flows, could act as an early warning for increased supply pressure. Featured image created with DALL-E, Chart from TradingView

XRP price started a downside correction from the $3.650 zone. The price is now trading below $3.30 and remains at risk of more losses. XRP price started a downside correction below the $3.50 zone. The price is now trading below $3.450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3.30 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.050 zone. XRP Price Dips Further XRP price started a fresh decline after it failed to clear the $3.650 resistance zone, like Bitcoin and Ethereum. The price declined below the $3.450 and $3.350 support levels. The decline was such that the price traded below the $3.120 level. A low was formed at $3.050 and the price is now consolidating losses near the 23.6% Fib retracement level of the recent decline from the $3.650 swing high to the $3.050 low. The price is now trading below $3.450 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3.30 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.2320 level. The first major resistance is near the $3.2650 level. A clear move above the $3.2650 resistance might send the price toward the $3.350 resistance or the 50% Fib retracement level of the recent decline from the $3.650 swing high to the $3.050 low. Any more gains might send the price toward the $3.450 resistance or even $3.50 in the near term. The next major hurdle for the bulls might be near the $3.650 zone. Another Drop? If XRP fails to clear the $3.350 resistance zone, it could start another decline. Initial support on the downside is near the $3.150 level. The next major support is near the $3.120 level. If there is a downside break and a close below the $3.120 level, the price might continue to decline toward the $3.050 support. The next major support sits near the $3.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $3.120 and $3.050. Major Resistance Levels – $3.250 and $3.350.

Ethereum price started a downside correction from the $3,850 zone. ETH is now moving lower but might find bids near the $3,520 support zone. Ethereum started a downside correction below the $3,770 level. The price is trading below $3,680 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,670 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,550 zone in the near term. Ethereum Price Holds Support Ethereum price failed to extend gains above the $3,850 level and started a downside correction, like Bitcoin. ETH price traded below the $3,800 and $3,770 support levels. There was a move below the 50% Fib retracement level of the upward move from the $3,480 swing low to the $3,859 high. The decline was such that the price even dived below the $3,660 level and the 100-hourly Simple Moving Average. However, the bulls were active near the 76.4% Fib retracement level of the upward move from the $3,480 swing low to the $3,859 high. Ethereum price is now trading below $3,680 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,670 level. There is also a key bearish trend line forming with resistance at $3,670 on the hourly chart of ETH/USD. The next key resistance is near the $3,770 level. The first major resistance is near the $3,800 level. A clear move above the $3,800 resistance might send the price toward the $3,850 resistance. An upside break above the $3,850 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,000 resistance zone or even $4,200 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,670 resistance, it could start a downside correction. Initial support on the downside is near the $3,600 level. The first major support sits near the $3,570 zone. A clear move below the $3,570 support might push the price toward the $3,520 support. Any more losses might send the price toward the $3,450 support level in the near term. The next key support sits at $3,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,520 Major Resistance Level – $3,670

Ethereum (ETH) is attempting to reclaim its most critical resistance after registering a nearly 70% rally in the past month. Some crypto analysts suggest that the King of Altcoins is preparing to aim for new highs, but warned a potential pullback might come first. Ethereum Risks 15% Correction Ethereum started the week hitting a yearly high and recording a 178% recovery from the April lows. The cryptocurrency has seen a significant rally over the past few weeks, following its price breakout and consolidation between May and June. As the crypto market started to soar again this month, driven by Bitcoin’s climb to new all-time highs (ATHs), ETH reclaimed the crucial $3,000 barrier and has continued to rise to its most critical resistance around the $3,800 area. On Monday, Ethereum reached its yearly high of $3,860 before being rejected and retracing to the $3,600 area. Following this performance, analyst Ali Martinez suggested that the $3,835 resistance and the $3,490 support will likely determine Ethereum’s next move. Notably, the $3,825 area sits as the largest resistance ahead, where 2.82 million addresses have bought 1.48 million ETH. Reclaiming this level would set the stage for a rally to the cycle high of $4,107. Meanwhile, the $3,490 area, where 4.18 million addresses bought 3.53 million ETH, remains the largest support after the recent breakout. A strong rejection from the key resistance could send the price toward this area if the current levels don’t hold. Market Watcher Andrew Crypto considers that Ethereum will likely see a correction soon, as “a chart without a correction isn’t a healthy chart.” To the analyst, the cryptocurrency could be headed to its yearly opening (YO) area, between $3,300-$3,400, after being rejected from the local supply zone and major resistance. Nonetheless, he forecasted a bounce and retest of the $3,800 mark if the pullback occurs. ETH To Repeat Past Cycle’s Playbook? Analyst Crypto Bullet suggested that Ethereum’s performance resembles its price action from last cycle. According to the post, ETH’s chart is starting to form a Descending Broadening Wedge pattern, “almost identical” to its setup from 2019-2020. To the analyst, “The picture looks very bullish right now” as price is testing the pattern’s resistance for the third time. He believes it will break out this time, similar to what happened in 2020, and eyes a cycle top target between $8,000 and $10,000. Crypto Bullet warned that a 10%-15% pullback to the $3,300-$3,400 area could come first, but added that “If we do break this formidable Resistance, ETH will rally hard. In this case, a new ATH is guaranteed.” Similarly, Merlijn The Trader highlighted the similarities between Ethereum’s rally in 2017 and 2025, as the King of Altcoin shows the “Same range. Same fakeout. Same breakout.” The trader noted that ETH retested the key resistance twice in 2016-2017 before breaking out and recording a 5,000% rally. To him, the cryptocurrency could have a similar performance this cycle as institutions are “behind the wheel.” As of this writing, ETH is trading at $3,698, a 21% increase in the weekly timeframe.

US crypto watchers are on edge. A new policy report is set to land before the month ends – and it could reshape how digital assets fit into the US government’s plans. Working Group Sets Release Date According to an X post by Bo Hines, the President’s Digital Asset Working Group wrapped up its 180‑day study and will publish the findings on July 30. Based on reports, the group was originally expected to unveil the report around July 22, following an executive order in January by US President Donald Trump. That order asked the team to sketch out how a Strategic Bitcoin Reserve might work. The report should spell out how much Bitcoin the US holds today. Those coins come from law enforcement seizures over recent years. Policy wonks and investors alike want to know whether the federal stash is just a data point or the start of a bigger reserve plan. Strategic Bitcoin Reserve Insights Inside sources say the document will cover the nuts and bolts of setting up a national digital‑asset fund. It’s likely to recommend using existing seized coins first. Then it could suggest budget‑neutral methods—like moving assets from other funds—to buy more Bitcoin. There’s talk of tapping nearly 200,000 BTC that authorities have captured so far. Security, storage and audit rules will also get attention, since a reserve needs tight guards and clear accounting. The executive order hinted that the reserve would use only lawfully obtained coins. It didn’t detail how long the government must hold them before selling, but some drafts mention a 20‑year holding period for stability’s sake. If that sticks, it would mirror long‑term strategies used for gold and other strategic resources. Congressional Moves On Crypto On the Hill, Congress isn’t sitting still. Trump recently signed the GENIUS Act, which lays out rules for banks, credit unions and trusted non‑banks to issue stablecoins. At the same time, the Senate Banking Committee just rolled out a crypto market structure bill. That proposal aims to decide who’s in charge—whether it’s the SEC or the CFTC—and how to protect everyday users. Beyond those measures, Senator Cynthia Lummis has reintroduced the BITCOIN Act. It would direct the Treasury to buy 1 million BTC over five years. Investors see a clear upside if both executive and legislative moves line up. More government buying could add heavy demand to Bitcoin’s market. Yet some experts warn that holding such a volatile asset on a government balance sheet carries its own risks, from price swings to security costs. Featured image from Pexels, chart from TradingView

Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,250 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,600 and the 100 hourly Simple moving average. There is a key bullish trend line 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 Aims Another Increase Bitcoin price started a correction phase from the $120,250 resistance zone. BTC dipped below the $118,500 level and tested the $118,000 zone. There was a move below the 50% Fib retracement level of the upward move from the $116,260 swing low to the $120,237 high. However, the bulls were active near the $117,500 support zone. There is also a key bullish trend line forming with support at $118,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $118,600 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $119,300 level. The first key resistance is near the $120,000 level. The next resistance could be $120,250. A close above the $120,250 resistance might send the price further higher. In the stated case, the price could rise and test the $122,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Another Decline In BTC? If Bitcoin fails to rise above the $120,250 resistance zone, it could start another decline. Immediate support is near the $118,500 level and the trend line. The first major support is near the $117,200 level or the 76.4% Fib retracement level of the upward move from the $116,260 swing low to the $120,237 high. The next support is now near the $116,250 zone. Any more losses might send the price toward the $115,000 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $118,250, followed by $116,250. Major Resistance Levels – $119,250 and $120,250.

PENGU is finally getting serious consideration this week, with indications of strength straight out of the derivatives market. Open interest has spiked to $591 million, while overall derivatives volume detonated to more than $4.43 billion. That’s a 35% jump in open interest and a massive 291% spike in volume, based on data from Coinglass. This kind of sharp increase in activity suggests traders are becoming more aggressive. Many are either betting on higher prices or preparing for big moves in both directions. For now, the momentum favors the bulls. Strong Price Holds Support As Traders Build Positions Price-wise, PENGU has been steady above $0.036 after reclaiming the key $0.033 level. It’s currently trading at $0.041. Its relative strength index is sitting at 64.04—well above neutral, but not yet in overbought territory. That’s a good sign for bulls hoping for more upside without triggering a correction too soon. Volume Spikes Add Fuel To Momentum Traders are now watching the $0.038 level closely. That’s just below the Fibonacci 1.618 extension, which sits at $0.03846. If PENGU manages to break above it, more traders could jump in, especially with the derivatives side already heating up. More than 38 million PENGU tokens were exchanged in the past 24 hours, underpinning the strength of the move. The bullish configuration is also aided by support levels near the 0.786 Fib, 0.618, and 0.5 regions. These are areas where buyers have intervened in the past, and they might do the same if prices retract. There are no signs of bearish divergence on the RSI, and each dip has been followed by quick recoveries. That keeps the overall trend in favor of the bulls. PENGU Open Interest Up Open interest increasing along with price generally indicates that traders are supporting the move with conviction. But this also makes the market more prone to sudden changes. With $591 million invested in open positions, even a minor pullback could cause a mass of exits. That’s the danger when too much money rushes in too fast. Another Move Upward? PENGU Pudgy Penguins is making another move upward. Crypto analyst Muro’s latest 15-minute chart reveals a sharp push through the downward trendline that kept price in check throughout the prior day. That breakout—paired with a successful retest and bounce—typically marks a change in momentum, hinting that the bulls may be back in control. Featured image from Unsplash, chart from TradingView

As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over rising exchange deposits are mounting. However, fresh on-chain data reveals a significant contrast between the current rally and previous ones – most notably, a decline in BTC deposits to exchanges. Bitcoin Flow Pulse Shows Low Exchange Activity According to a CryptoQuant Quicktake post by contributor Arab Chain, the Bitcoin Inter-Exchange Flow Pulse (IFP) indicator is exhibiting “interesting behavior” in mid-2025. Notably, large investors do not appear to be selling their holdings, despite BTC trading at record highs. Typically, sophisticated investors begin profit-taking as an asset approaches ATH territory. However, that behavior appears to be largely absent this time. The lack of selling activity stands in contrast to the market peaks of 2017 and 2021. During both these instances, there were large BTC inflows to exchanges, which were closely followed by significant price corrections. Arab Chain shared the following chart highlighting the relationship between a rising IFP and Bitcoin’s price trajectory. The chart illustrates how price corrections followed rising IFP levels at the end of 2017 and again in 2021. In 2025, despite an IFP surge earlier in the year, the BTC market has since consolidated rather than corrected. For context, the IFP indicator tracks the volume of Bitcoin transferred between centralized exchanges, providing insights into investor sentiment and market conditions. A rising IFP typically suggests growing intent to sell or arbitrage, while a declining IFP indicates reduced exchange activity and stronger holder conviction. This year’s dynamic between IFP and BTC price suggests investors are choosing to hold Bitcoin, even as prices hover near record highs. Arab Chain noted that such behavior reinforces the bullish case. They said: This behavior indicates high confidence in the uptrend so far and partly explains why the price has continued to rise without any clear selling pressure. On the other hand, if the Bitcoin IFP indicator begins to rise, it indicates an intention to sell and an anticipated significant supply pressure. Therefore, a sudden rise in the indicator is a strong warning sign for speculators. BTC Miners Engaging In Profit-Taking While large investors remain largely inactive on the selling front, Bitcoin miners appear to be cashing in on the current rally. Miner outflows surged to 16,000 BTC on July 15 – the highest single-day level since April 7. As selling pressure builds, recent analysis by CryptoQuant contributor Chairman Lee highlights a key support level that BTC must defend to remain on track for the $180,000 year-end target. At press time, BTC trades at $117,529, down 1.4% in the past 24 hours.

Telegram has launched its TON Wallet for users in the United States. The wallet, developed by The Open Platform, is now available to all 87 million U.S. users and is built directly into the Telegram app. This marks the first time U.S. users can access a fully self-custodial crypto wallet within a mainstream messaging platform. Wallet Access Without Leaving the App Users can now send and receive crypto through their Telegram chats. Everything happens inside the same interface people already use to talk to friends and join communities. There are no extra apps to download or complex signups to deal with. The wallet is part of the chat experience, designed to be quick and accessible without disrupting how people already use Telegram. Source: Shutterstock U.S. Rollout Follows Legal Review Telegram held off releasing the wallet in the U.S. due to earlier legal concerns. The team behind the launch said recent regulatory developments gave them more confidence to move forward. With a large user base in the U.S. already in place, the team saw an opportunity to bring the wallet to a new market under clearer conditions. Recovery System Designed for Regular Users Instead of requiring users to write down or memorize long seed phrases, the wallet uses a two-part recovery method. One part connects to the user’s Telegram account. The other is tied to their email. This system lowers the chances of users getting locked out and helps them avoid one of crypto’s most common pain points. TONPriceTON24h7d30d1yAll time DISCOVER: 20+ Next Crypto to Explode in 2025 Features Go Beyond Simple Transfers The wallet includes tools for swapping tokens, staking, and buying crypto with a debit card. It also connects to Telegram’s Mini App system, giving users access to blockchain-based services without leaving the app. These features are designed to make crypto feel like a built-in part of the chat experience rather than a separate product. Toncoin Responds to the Launch Toncoin, the network’s native token, saw increased trading activity following the rollout. Its price moved upward shortly after the announcement, with gains continuing into the following week. Analysts linked this to growing user engagement and renewed interest in the TON ecosystem. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Expansion Builds on Earlier Global Releases Telegram first made the wallet available outside the U.S. in 2023. By 2024, over 100 million users worldwide had activated it. The U.S. release is the latest step in that expansion. Telegram has been gradually adding financial tools to its platform, combining social messaging with digital payments and blockchain access. What This Means for Crypto Use Bringing a self-custodial wallet into a familiar app reduces the effort required to use crypto. People don’t need to learn new tools or manage multiple accounts to try simple features like sending stablecoins or using a staking service. Telegram’s approach could make casual crypto use more common by meeting users where they already are. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Telegram has launched its built-in TON crypto wallet for all U.S. users, reaching 87 million people with direct in-app access. Telegram fully integrated the wallets into chats, letting users easily send, receive, and manage crypto without switching apps. A new split-key recovery system removes the need for seed phrases, helping onboard more mainstream users with less friction. Users can buy, swap, and stake tokens directly from the wallet, plus access Web3 services through Telegram’s Mini App ecosystem. Toncoin saw a price boost after the U.S. rollout, signaling positive market response and growing ecosystem engagement. The post Telegram Brings Crypto to U.S. Users via TON Wallet appeared first on 99Bitcoins.

Ethereum isn’t just for tech startups and DeFi fanatics anymore. A growing group of public companies is now locking it away in their treasuries. Altogether, they’re holding more than 865,000 ETH, worth around $3.2 billion. That’s not a rounding error. It’s a sign that Ethereum is starting to play a much bigger role in corporate finance. SharpLink and Bitmine Take the Lead SharpLink Gaming tops the list with 360,807 ETH, worth over $1.3 billion. Bitmine is close behind, with around 300,700 ETH on its books. Together, that’s over $2 billion in ETH between just two firms. Others, like GameSquare and BTCS, have also joined the club recently, quietly padding their reserves while Ethereum’s market cap continues to climb. Source: Shutterstock Fast Growth in a Short Window The pace of this buildup has been rapid. In just a few weeks, four public firms added more than 113,000 ETH combined. That’s not a casual purchase. The number of companies holding ETH publicly jumped from 40 to 58 in the same period. It’s a pretty clear message that something is clicking with institutional buyers. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025 Why It Matters Ethereum has consistently captured the tech crowd’s attention, powering everything from NFTs to sophisticated smart contracts. But this wave of interest is different. These companies aren’t just dabbling. They’re adding ETH to their balance sheets like they would cash or gold. That kind of move doesn’t happen unless executives are convinced it’s here to stay. Share Prices React in Real Time Bitmine’s stock is a perfect example. After revealing its ETH holdings, the share price took off. Investors clearly saw value in the strategy, and that reaction hasn’t gone unnoticed. It’s one thing to hold crypto privately. It’s another to go public with it and watch the market reward the move. EthereumPriceMarket CapETH$439.43B24h7d30d1yAll time DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Yet, There’s Still Risk Of course, this isn’t a one-way bet. Ethereum’s price doesn’t move in straight lines, and these companies are fully exposed to that volatility. Holding a big pile of ETH can boost your stock price when markets are bullish, but it cuts both ways. This kind of approach takes confidence and a strong stomach. Ethereum Is Growing In Institutional Popularity Bitcoin used to be the main coin in town when it came to corporate crypto. That’s starting to change. Ethereum is now being treated like a legitimate treasury asset, not just a tool for developers. That’s a big shift from where things stood even a year ago. The big question now is whether the trend keeps growing. If Ethereum holds its ground, other public firms could feel pressure to follow suit. For now, this is a sign that Ethereum is moving into a new role. It’s no longer just part of the crypto conversation. It’s becoming part of the corporate one, too. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Public companies now hold over 865,000 ETH, valued at $3.2 billion, signaling Ethereum’s growing role in corporate finance. SharpLink Gaming and Bitmine lead the pack, holding a combined $2 billion in ETH between just two firms. The number of public firms with Ethereum on their books jumped from 40 to 58 in a matter of weeks. Bitmine’s share price surged after disclosing its ETH holdings, showing investor support for corporate crypto strategies. Ethereum is no longer just a developer tool — it’s becoming a strategic treasury asset for major public companies. The post Public Companies Now Hold $3.2 Billion in Ethereum, Surpassing 865,000 ETH appeared first on 99Bitcoins.

Litecoin (LTC) is picking up speed. The coin is now trading at $116 after rising 20% over the last seven days. Trade volume has also jumped by 1.30%, hitting $1.27 billion. That’s a clear sign of growing activity. Over the past week, LTC has surged by 24%, reaching a high of $119.21. For many traders watching the charts, momentum is starting to build again. Bulls Eye $125 As Momentum Builds Crypto analyst Naveed said Litecoin has broken through a key resistance level. According to him, the price “filled the fair value gap” and moved higher just as predicted. The next target now falls in the $120–$125 zone. That’s the level many traders are watching as a potential breakout point. The growing optimism isn’t just about short-term moves. Some analysts have projected that LTC might reach as high as $262 sometime in 2025, even after a rough start to the year. Their outlook includes a rise to $140, followed by a potential dip under $94 before making a comeback. The long-term picture includes a shot at the previous all-time high of $413, although that’s a steep climb from where it is now. Litecoin Sentiment Turns Bullish Meanwhile, CoinCodex gave a more conservative outlook. They expect LTC to rise by 15% and hit $134 by August 22, 2025. Their technical indicators show that the overall sentiment is bullish. Also, the Fear & Greed Index is currently sitting at 74, which points to high confidence—or greed—among investors. LTC has registered gains on 19 of the previous 30 trading days. That’s approximately 60% of the time, with price fluctuations of nearly 11%. It’s an indicator that Litecoin’s price is going up, but it’s not doing so in a linear motion. Investors are finding space for appreciation but are aware the market is still volatile. Market Watching $140 After $125 Test If LTC clears the $125 resistance, the path toward $140 could open up. A lot of traders agree this level is important, not just from a technical point of view but also because of growing market interest. Social chatter is increasing, and trading activity is starting to pick up across different crypto exchanges. However, not everything is certain. Global markets are still reactive to such things as interest rate changes, inflation reports, or policy changes. Crypto regulation is also something that might shift sentiment very rapidly. But Litecoin’s recent resilience has allowed it to outshine altcoins during this month. With $134 in sight and a possible return to $262 in 2025, Litecoin is showing signs of life again. Whether it can sustain the rally will depend on what happens next—especially around that $125 line. Featured image from Unsplash, chart from TradingView