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Mary-Catherine Lader just stepped down as President and COO of Uniswap Labs after a four-year run that transformed the platform into the biggest decentralized exchange on Ethereum. During her time at the helm, Uniswap went from scrappy startup to DeFi juggernaut, pulling in over $73B in trading volume in the last month alone. That number alone has crypto optimists buzzing. So what’s next? Well, as Uniswap looks for its next leader, the rest of DeFi is doing what it does best – evolving fast. New crypto projects are stepping up to fill the innovation gap and take decentralized finance to the next level. And in true Web3 fashion, it’s not just about serious finance anymore. Why Lader’s Exit Matters Mary-Catherine Lader wasn’t just another name on the masthead. She was a driving force behind Uniswap’s rise to dominance in decentralized finance. Joining as President and COO in 2021, she played a central role in turning Uniswap from a developer-first protocol into a fully operational, structured business. Under her leadership, the company raised $165M in October 2022, achieving a valuation of $1.66B. But perhaps her most impressive feat was navigating the SEC investigation that loomed over Uniswap for nearly a year. That probe concluded in February 2025 with no enforcement action, a massive win for the entire DeFi sector. Lader’s departure after this victory feels intentional – a well-timed baton pass now that Uniswap stands on solid ground. It’s a clear signal: Uniswap is strong, mature, and ready for what’s next. Just like the DeFi ecosystem it helped build. Let’s take a look at three top meme coins that could ride this next wave. 1. Best Wallet Token ($BEST) – Your DeFi Wallet Just Got Smarter With DeFi entering a more mature phase, thanks to leaders like Mary-Catherine Lader pushing for transparency and regulation, it’s no surprise that users are demanding smarter tools. Enter Best Wallet Token ($BEST), a next-gen crypto wallet aiming to outpace clunky legacy apps like MetaMask with advanced features, clean design, and serious security. Right now, you can buy $BEST for just $0.025335, and the project has already pulled in a hefty $13.9M during the presale. That’s not hype – it’s momentum. Best Wallet is packed with features that make it feel more like Apple Wallet (if Apple actually cared about DeFi). Its standout tool? Upcoming Tokens, which lets you buy presale tokens safely and directly inside the app – no sketchy mirror sites or third-party scams. Add to that Fireblocks-powered MPC-CMP security, reduced transaction fees, iGaming perks, and governance rights, and $BEST starts looking like a wallet token with real-world muscle. If Uniswap’s $73B surge fuels optimism for meme coins, $BEST is where you might safely store them. 2. SUBBD Token ($SUBBD) – Turning Clout Into Crypto The creator economy is booming, but most platforms still take a massive cut while leaving creators fighting for scraps. SUBBD Token ($SUBBD) wants to change that by putting the power – and earnings – back into the hands of influencers, artists, and yes, even meme lords. Built as the first AI-driven, premium content platform on the blockchain, SUBBD lets users create and monetize content with game-changing tools. At the core is an AI agent that automates chat, edits videos, and helps creators engage fans without burning out. And with over 250M combined followers across SUBBD’s platform, Honny brand, and ambassador network, it’s already got a massive audience primed for Web3. Currently, you can buy $SUBBD for $0.055925, with $810K raised in presale – a strong signal of early traction. $SUBBD also offers 20% APY staking during the presale, plus real-time, low-fee crypto payments that make tipping and subscribing a breeze. In a DeFi world shaped by leaders like Mary-Catherine Lader, who bridged traditional finance with blockchain, $SUBBD is extending that legacy – bringing AI and creator freedom to the next generation of decentralized platforms. 3. Little Pepe ($LILPEPE) – Meme Power Meets Layer‑2 Muscle Following Uniswap’s $73B surge, DeFi’s energy isn’t confined to Ethereum alone. Little Pepe ($LILPEPE) seizes that momentum by launching the first meme‑focused Layer‑2 blockchain built on Ethereum. It combines the fun of meme coins with real utility, offering zero‑tax trading, lightning‑fast, low‑fee transactions, bot protection, staking, and DAO governance. Currently, 1 $LILPEPE = $0.0015, and its presale has raised $7,2M. That funding level underscores enthusiastic backing for its vision: a Layer‑2 chain for memes. The heart of the project is the Little Pepe Chain – EVM‑compatible, ultra‑scalable infrastructure built to launch new tokens via a meme launchpad, protect users from sniper bots, and host NFTs. It aims for seamless edge utility for creators and traders alike, reflecting the kind of platform Uniswap’s surge inspires. Alongside blockchain utility, it boasts a $777K giveaway, strong community traction, and plans for Tier‑1 exchange listings – that’s meme culture backed by infrastructure. As Uniswap settles into its next chapter, Little Pepe shows how the Uniswap $73B surge fuels optimism for meme coins – fusing humor, community, and real tech into the future of DeFi. The Torch Is Being Passed Lader’s exit doesn’t mean DeFi is slowing down. If anything, it’s accelerating. With projects like $BEST, $SUBBD, and $LILPEPE stepping up, the crypto world might be entering a new golden age – one that’s decentralized, community-driven, and just a little chaotic. This article is for informational purposes only and doesn’t constitute financial advice. Always do your own research (DYOR) before investing in crypto.

Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level, which suggests that the Dogecoin price could rally above $10 in this bull run. The analyst noted that DOGE previously reached this Fibonacci level, which suggests it may do so again in this cycle. Dogecoin Price Eyes Rally Above $10 With This Fibonacci Level In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10 if it reaches the 423.6% Fibonacci level. The analyst used the Fibonacci tool to highlight the fact that both the first and second DOGE cycles topped at the 423.6% level. Based on this, the foremost meme coin could reach this level, surpassing the $10 target. Interestingly, DOGECAPITAL noted that should history repeat itself, the Dogecoin price could rally to as high as $36, which is where the 423.6% is. This could mark the potential top for the meme coin in this cycle. The analyst also confirmed that DOGE is nowhere near its top in this third cycle based on the historical timing of past cycles. If this historical pattern keeps playing out, DOGECAPITAL predicts that the projected top for the Dogecoin price could occur around the final week of October. The analyst also believes that the market has entered DOGE season with Bitcoin reaching new all-time highs (ATHs) and the meme coin currently sitting near key support. However, despite the current bullish sentiment in the crypto market, it is worth noting that the Dogecoin price is still sitting just below the psychological $0.2 level. As such, this raises doubts about whether the DOGE season has truly begun. Crypto analyst Trader Tardigrade stated that the DOGE/BTC chart may show a God candle this season, which would kickstart the DOGE season. Meanwhile, crypto analyst Kevin Capital noted that the DOGE/BTC chart is sitting in a historical zone of support. He added that the monthly time frame indicators are also fully reset, providing the best setup for the Dogecoin price. DOGE Eyes Rally To $0.25 In The Short Term In an X post, crypto analyst Ali Martinez predicted that the Dogecoin price could rally to $0.25 in the short term. Alluding to DOGE’s daily chart, Martinez stated that the meme coin is trading within a channel and that it just bounced off the bottom. He added that a buying spike at this level could send DOGE to the top of the channel at $0.25. This level is significant as it marked the last local top for the Dogecoin price. As such, a successful break above this level could lead to higher prices for the meme coin. Meanwhile, Trader Tardigrade stated that DOGE’s daily RSI might find support soon, completing a healthy pullback and preparing for a new surge. At the time of writing, the Dogecoin price is trading at around $0.19, up over 3% in the last 24 hours, according to data from CoinMarketCap.

BlackRock spot Bitcoin and Ethereum ETFs saw $14.1B in Q2 2025 inflows, pushing digital assets under management to $79.6B. With Bitcoin hitting $123,000 and institutional adoption soaring, more is expected. With crypto prices soaring and Bitcoin breaching $123,000 this week, HODLers and traders are riding a wave of optimism. The surge in spot valuation, nearing record highs, is partly due to the institutionalization of crypto following the approval of spot Bitcoin and Ethereum ETFs in 2024. BlackRock, the world’s largest asset manager, is a major player in the spot Bitcoin and Ethereum ETF market. It issues billions in digital asset-backed shares to institutions, primarily in the United States. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 BlackRock Sees $14.1 Billion in Inflows to Spot Ethereum and Bitcoin ETFs in Q2 2025 According to their recent earnings report, BlackRock, which focuses solely on spot Bitcoin and Ethereum ETFs and does not offer products for other altcoins, reported $14.1 billion in net inflows into its spot Bitcoin and Ethereum ETFs in Q2 2025. This influx boosted its digital assets under management (AUM) to $79.6 billion. The growth signals that crypto assets are becoming a big part of global finance, buoying capital flow into some of the best meme coin ICOs. Wall Street is increasingly monitoring the space, and institutions are eager to gain exposure to these non-yielding assets. As expected, BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for the majority of inflows, driving growth and redefining the global ETF landscape as the fastest-growing ETF in history. Data shows IBIT currently manages $84.16 billion as of July 15, with steady inflows since June 9. Meanwhile, its ETHA product for spot Ethereum ETFs manages $6.6 billion, with consistent inflows since July 3. (Source: SosoValue) Their spot Bitcoin and Ethereum ETF products collectively manage over $90 billion. However, according to official SEC filings, their total stood at $79.6 billion in Q2 2025, representing just 1% of BlackRock’s $12.5 trillion in assets under management (AUM). In Q2 2025, BlackRock earned $40 million in fees as net inflows rose by $14.1 billion. The Trend Will Only Continue With rising crypto prices, including those of the top Solana meme coins, investors are increasingly exploring regulated assets like spot Bitcoin and Ethereum ETFs. BitcoinPriceMarket CapBTC$2.37T24h7d30d1yAll time On July 15, spot Bitcoin ETFs saw inflows of over $402 million, while spot Ethereum ETFs recorded over $192 million in net flows. As BTC ▲2.02% prices rally, IBIT will only continue to break records. It became the first ETF to reach $80 billion in AUM in less than two years. In comparison, the Vanguard S&P 500 ETF (VOO) took nearly six years to reach this milestone. IBIT currently holds over 717,000 BTC, or 3.4% of the total Bitcoin supply, surpassing MicroStrategy’s 601,550 BTC but trailing Satoshi Nakamoto’s wallet, which holds 1 million BTC. (Source: Bitcoin Treasuries) Beyond rising crypto prices, the Donald Trump administration’s policies encourage institutional investment in digital assets. Proposals for a Bitcoin Reserve in the United States and reduced regulatory barriers are boosting investor confidence. This is further supported by Donald Trump’s Trump Media & Technology Group (TMTG), which has taken steps to launch spot Bitcoin ETFs. In early June, TMTG filed an S-1 registration statement with the SEC to launch the Trust Social Bitcoin ETF. A month earlier, NYSE Arca filed a 19b-4 form for Yorkville America Digital, a close TMTG partner. DISCOVER: Best New Cryptocurrencies to Invest in 2025 – Top New Crypto Coins BlackRock Bitcoin And Ethereum ETFs $14.1B Inflows In Q2 2025 BlackRock spot Bitcoin and Ethereum ETFs attracted over $14 billion in inflows in Q2 2025 Rising Bitcoin and crypto prices are driving inflows IBIT is the fastest-growing ETF in the world Supportive regulations under Donald Trump boost investor confidence The post BlackRock Sets New Record: Digital Assets See $14.1B Inflows in Q2 2025, $79.6B AUM appeared first on 99Bitcoins.

Ethereum is trading confidently above the $3,100 level after breaking through this key resistance with strength, signaling a potential shift in market dynamics. While Bitcoin experiences a short-term pullback from its all-time highs, Ethereum’s upward move highlights growing momentum across the altcoin sector. Bulls are increasingly optimistic, viewing this divergence as a sign that capital may be rotating into ETH and other high-conviction altcoins. Fueling this optimism is a combination of improving technicals and strengthening fundamentals. One of the most notable developments came today, as SharpLink Gaming—one of the first Nasdaq-listed companies to adopt an Ethereum-focused treasury strategy—purchased an additional $19,560,000 worth of ETH. The combination of strong price action, increasing corporate interest, and supportive on-chain metrics suggests that Ethereum could be leading the next leg of the altcoin rally, especially if Bitcoin continues to consolidate and investors shift focus to undervalued opportunities across the ecosystem. SharpLink Becomes Largest Corporate Holder Of Ethereum SharpLink Gaming has officially become the largest corporate holder of Ethereum, with a total of 280,706 ETH now held in its treasury, valued at approximately $840 million at current market prices. The company’s aggressive accumulation strategy signals a new phase in institutional Ethereum adoption, reinforcing the growing perception of ETH as a long-term strategic asset. Top analyst Ted Pillows confirmed SharpLink’s latest purchase using on-chain data, which shows that the ETH was acquired through a Coinbase Prime hot wallet—a platform commonly used by institutions for large-scale crypto transactions. According to a press release, SharpLink raised $413 million through the issuance of over 24 million new shares between July 7 and July 11, capital it promptly deployed into the crypto market. In total, the firm acquired 74,656 ETH over the past week at an average price of $2,852 per coin. This aggressive buying spree not only reflects SharpLink’s treasury strategy but also highlights a broader trend among institutional players of turning to ETH as a core asset. As traditional companies seek alternatives to cash and government bonds, Ethereum’s maturing ecosystem and growing staking participation make it an increasingly compelling option. SharpLink’s bold move may inspire other public firms to explore ETH as a reserve asset. ETH Weekly Chart Signals Trend Reversal Ethereum is showing strong bullish momentum on the weekly chart. The price is currently trading at $3,155.21, up over 6% for the week. The breakout above the key resistance zone at $2,850 is now confirmed. Marking a significant shift in market structure after months of consolidation and bearish pressure. This move pushes ETH to its highest weekly close since early 2024. Technically, Ethereum has reclaimed all major moving averages: the 50-week SMA ($2,645), 100-week SMA ($2,659), and 200-week SMA ($2,427). This alignment supports a longer-term bullish reversal and confirms that momentum has shifted in favor of buyers. The clean break above the previous resistance adds strength to the move. And sets the stage for a potential rally toward the $3,600–$3,800 range in the coming weeks. The reclaim of $2,850—a zone that had acted as strong resistance for months—now flips into support. If Ethereum continues to hold this level on a weekly closing basis, it will likely attract more institutional attention. Featured image from Dall-E, chart from TradingView

Gold prices remain choppy with yesterday's post CPI decline limited as the precious metal found support around the 3320 handle. Most Read: GBP/USD Vulnerable as Trendline Break Sets Up Potential 600 Pip Drop The precious metal has continued its recovery today as it eyes a return to the 3350 handle which had held as a key area of support on Monday. For now though, price is choppy and it would appear that the precious metal is in desperate need of a catalyst to facilitate its next move. close Source: TradingView (click to enlarge) Source: TradingView (click to enlarge) Client Sentiment Data - XAU/USD Looking at OANDA client sentiment data and market participants are long on Gold with 62% of traders net-long. I prefer to take a contrarian view toward crowd sentiment and thus the fact that so many traders are long means Gold prices could decline in the near-term. Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Ripple is firing on all cylinders as it moves forward with its newly formed venture to boost Dubai’s real estate tokenisation. In a press release published on 15 July 2025, Ripple revealed its partnership with the DLD (Dubai Land Development) authority and Ctrl Alt, a London-based fintech company specialising in tokenising alternative assets. “This is the first time a government real estate registration authority in the Middle East has tokenised property title deeds on a public blockchain,” said Reece Merrick, Managing Director, Middle East and Africa, at Ripple. Per the press release, the collaboration hinges on Ripple’s institutional-grade custody technology to securely store critical data such as tokenised property title deeds, issued on the XRP ledger. Ctrl Alt, which recently got licensed by the Dubai Virtual Asset Regulatory Authority (VARA), will leverage Ripple’s tech stack to power its role as the core tokenisation engine for tokenising Dubai’s real estate, becoming the first in the UAE to offer issuer-based services. “That the DLD has chosen the XRPL for this is really exciting and reinforces the XRPL’s credentials as the blockchain of choice for serious financial use cases,” he further added. Furthermore, with this venture, Ctrl Alt has become Ripple’s first major custody partner in the UAE. Explore: Top Solana Meme Coins to Buy in July 2025 Ripple’s Continued Efforts to Tokenise Dubai’s Real Estate Market This is not the first time that Ripple has partnered with the DLD and Ctrl Alt on a tokenisation project. In May 2025, Ripple, the DLD, Ctrl Alt, and PRYPCO, a Dubai-based proptech (property technology) company, collaborated to pilot test Prypco Mint, the Middle East’s first tokenised real estate crypto investment platform. This VARA-backed project aims to tokenise property titles, enabling fractional ownership and streamlining investments via blockchain. The project leverages the XRP ledger system to enable Dubai residents to invest in fractional real estate starting from Dh 2000 (approximately $500). March 2025 saw Dubai launch the first phase of its real estate tokenisation project as a means to introduce a method by which investors could co-own properties through digital tokens. The initiative aims to expand access to home ownership, foster innovation in the real estate sector, and enhance awareness of virtual asset services. Importantly, the initiative also aims to attract global virtual asset companies to shop in Dubai, within a regulated framework that safeguards investors and stakeholders. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 Ripple’s Collab with DLD Enhances Market Transparency Ripple’s expansive custody network now covers Europe, the Middle East, Africa, Asia-Pacific and Latin America, signalling a growing global demand for reliable and compliant digital asset infrastructure. The blockchain company, with more than 60 licenses worldwide, in its collaboration with the DLD, underscores a major step forward in tokenising Dubai’s real estate, enabling fractional ownership and enhancing market transparency. Ripple has gone from strength to strength in the UAE since becoming the first blockchain-enabled payments provider in the region, licensed by the Dubai Financial Services Authority (DFSA). Since receiving its license, Ripple has forged a critical partnership in May 2025, with Zand Bank, UAE’s first fully licensed all-digital bank and Mamo, a UAE-based fintech company that provides digital payment solutions. Moreover, the RLUSD stablecoin is available for use within the Dubai International Financial Centre (DIFC) after gaining DFSA’s approval. Explore: The 12+ Hottest Crypto Presales to Buy Right Now Key Takeaways The collaboration hinges on Ripple’s institutional-grade custody technology to securely store critical data such as tokenised property title deeds, issued on the XRP ledger Ripple’s custody network covers Europe, the Middle East, Africa, Asia-Pacific and Latin America, signalling a growing global demand for reliable and compliant digital asset infrastructure This is Ripple’s second real estate tokenisation partnership in the UAE with the DLD and Ctrl Alt The post Ripple, DLD, Ctrl Alt Collaborate For Dubai’s Real Estate Tokenisation appeared first on 99Bitcoins.

Chilean miner Antofagasta (LON: ANTO) reported on Wednesday an almost 11% increase in copper production for the first half of 2025, driven by stronger output from its Los Pelambres and Centinela operations. The company, Chile’s largest copper miner after the state-owned Codelco, produced 314,900 tonnes of copper between January and June, up from 284,700 tonnes during the same period in 2024. Second-quarter production reached 160,000 tonnes, matching analyst forecasts. “Overall a better-than-expected Q2/25, with copper production in line with our forecast and lower cash costs, implying a positive tailwind from by-products,” BMO Metals & Mining analyst Alexander Pearce said in a note. Despite the increase, Antofagasta — which operates four copper mines in Chile — maintained its 2025 guidance at 660,000 to 700,000 tonnes. It also reaffirmed its capital expenditure target of $3.9 billion, one of the largest sums ever earmarked by the company, as it ramps up expansions in Chile and neighbouring Peru. “Our conviction in copper as the metal of the future remains, with a positive outlook for copper over the medium-term,” chief executive officer Iván Arriagada said. “We see continuing demand support in the form of rising uses from key strategic sectors, driven by accelerating structural trends, such as energy security and modern technologies needed for decarbonization, artificial intelligence and infrastructure, with a supply-side that is becoming increasingly constrained.” Much of the investment is going toward key development projects, including a new concentrate pipeline at Los Pelambres and a second concentrator at Centinela. Both are advancing on schedule and within budget. Los Pelambres. (Image courtesy of Antofagasta plc.) Antofagasta expects Los Pelambres to deliver another 25 years of production and value creation. The mine output came to 320,000 tonnes last year, ranking just outside the top 10 producers globally. The $4.4 billion Nueva Centinela project, approved in late 2023, will add 144,000 tonnes copper-equivalent a year to its overall production. The expansion includes upgrades to the molybdenum plant and development of the Esperanza Sur pit, where it is deploying autonomous trucks. Antofagasta noted the approval of the Environmental Impact Assessment (EIA) for its Zaldívar mine in the second quarter of the year. This will allow production continue through 2051. Aiming for the Top 10 Antofagasta, majority-owned by Chile’s Luksic family, one of the country’s wealthiest, has set its sights on becoming one of the world’s top ten copper producer. The miner has made several strategic moves in pursuit of that goal, including its 2023 acquisition of a 19% stake in Peru’s Minera Buenaventura. The miner also has a presence in the US, through its subsidiary Twin Metals. The unit has been trying for over a decade to develop an underground copper-nickel mine and processing facility near Minnesota’s Birch Lake. The project was dealt a major blow in 2023, when the Biden administration cancelled Twin Metals’ two long-standing mineral leases and imposed a 20-year mining moratorium in the area..Antofagasta has since been fighting to get its licences restored. Last week, CEO Arriagada said he saw “an opportunity” to advance the long-stalled project, following President Donald Trump’s move to impose a 50% import tariff on copper. The move is seen by some as a signal of increased support for domestic mining. _____________ Monitor the live copper price with MINING.COM’s real-time chart, updated every minute. Ideal for investors and traders.

A provocative post published on July 14 by long‑time Bitcoin advocate and “Taproot Wizard” Udi Wertheimer has ignited fresh debate over whether the cryptocurrency is on the cusp of what he calls a “generational run the likes of which we’ve never seen.” Bitcoin’s Generational Run Writing on X, Wertheimer contends that Bitcoin is emerging from a rare “rotation” in which early, price‑sensitive holders have surrendered their coins to newcomers—chiefly exchange‑traded‑fund investors, corporate treasuries and even nation‑states—who are largely indifferent to the unit price. “Many, if not most, of old big holders have rotated out of the asset,” he asserted, adding that once such rotations succeed, “what follows is a rally in multiples previously considered unimaginable.” Wertheimer frames his case through an exhaustive retrospective on Dogecoin’s 2019–2021 ascent, arguing that Bitcoin now occupies an analogous position. He recounts how an April 2019 tweet by Elon Musk (“dogecoin might be my favorite cryptocurrency”) triggered an initial 50 percent spike that lulled veteran traders into distributing their bags, only for TikTok‑driven retail inflows to drive the meme coin from roughly $0.0025 to nearly $1 within two years. “Crypto natives thought they knew it was a huge deal, but they underestimated it BY A LOT,” he wrote, describing the move as “the first dogecoin mindfuck,” followed by an even larger “second mindfuck” once legacy sellers exhausted their supply. Transposing that template onto Bitcoin, Wertheimer insists that “the real move didn’t even start yet.” He claims that traditional capital‑market participants—embodied for him by BlackRock’s iShares Bitcoin ETF (ticker: IBIT) and Michael Saylor’s MicroStrategy—are blind to earlier cycle highs because they measure performance from the January 2024 ETF launch or in dollar‑notional terms, respectively. Referencing IBIT price surge from $30 to $70, Wertheimer says: “‘It’s only up $40! That’s nothing! Why not $700?’ […] They’re completely insensitive to the bitcoin price,” he adds of treasury‑based buyers, arguing that such entities simply “shove as many dollars as they can.” On price targets, Wertheimer is explicit: “I have a high degree of confidence that we’ll see $400k by the end of this year. This target might be too conservative.” He further predicts an additional order‑of‑magnitude revaluation once “the entire world starts to believe,” echoing Dogecoin’s second‑wave frenzy. “We’re just entering the first mindfuck,” he writes. The thread reserves particular ire for competing crypto assets. “Your altcoins are fucked,” Wertheimer declares, suggesting that short‑lived spurts of outperformance will not match the “sheer amount of capital flowing into bitcoin.” He singles out Ethereum as “the biggest loser of the cycle,” forecasting that MicroStrategy’s equity capitalisation could surpass Ether’s market value and arguing that persistent selling by “old bagholders” will cap any relative rally. “ETH/BTC will continue to print lower highs,” he predicts, adding that incoming treasury‑style buyers would need “years” to absorb legacy supply before Ethereum can stage a true breakout. In a direct call to action, Wertheimer tells readers that “you will actually be able to retire off of 1 bitcoin,” urging immediate accumulation and warning that waiting for price dips is futile now that “old holders are out.” He closes with a plea stark in its simplicity: “Wall Street is buying all of the bitcoins … please buy some bitcoin before there isn’t any left.” Wertheimer’s thesis hinges on the notion that seller‑exhaustion dynamics proven in a small‑cap meme coin can translate, mutatis mutandis, to Bitcoin’s vastly larger market. Whether that analogy holds will be tested in the months ahead; for now, his post has sharpened the fault line between long‑term Bitcoin maximalists and a broader crypto community still weighing the merits—and risks—of what he calls “the first mind‑fuck” of a potentially epoch‑defining rally. At press time, BTC traded at $118,686.

THE, the token behind THENA, a trading protocol on the BNB Chain, is on fire. The token rose 80% yesterday, following news of ambitious expansion plans and strategic partnerships. Just as Bitcoin and some of the best cryptos to buy are retracing after posting sharp gains over the weekend, spilling into Monday, interest is rapidly shifting to THE1 (No data), the native token of the decentralized exchange supporting perpetual futures trading on the BNB Chain, THENA. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 THE Crypto Rockets 80% Unlike BTC and BNB, both of which are shaky based on daily chart candlestick formations, THE crypto is resilient. It is up an impressive 82% in the last day alone and emerged as a top performer, easily outperforming even some of the top Solana meme coins. From the THEUSDT daily chart, it is evident that buyers are firmly in control. The surge on July 15 is with high relative volume, pointing to interest. Due to this rapid expansion, THE is now trading at new five-month highs, reaching mid-February levels. THE1PriceTHE124h7d30d1yAll time If bulls maintain momentum today, THE crypto could easily climb to $0.85 and potentially breach $2 within the next few trading weeks. Nonetheless, data from DefiLlama shows that the rapid expansion on July 15 did not impact THENA’s total value locked (TVL). Currently, THENA has a TVL of over $22 million, stable over the past two weeks. However, since prices are flying, THE trading volume skyrocketed, surging from roughly $54 million on July 14 to over $485 million as of July 15. (Source: DefiLlama) THE liquidity is also increasing, suggesting greater commitment from liquidity providers aiming to capitalize on heightened activity and swaps in the past 24 hours. EXPLORE: Best Meme Coin ICOs to Invest in 2025 Why is THENA Trending? What’s Driving Prices? The catalyst behind yesterday’s meteoric surge was a major announcement by the co-founder on Discord. The executive outlined ambitious plans to expand THENA’s DeFi ecosystem, integrate cutting-edge solutions to attract more liquidity providers and partners, and seek institutional backing. Specifically, THENA plans to onboard more LPs for blue-chip assets like BNB and ETH, alongside stablecoins like USDC and USDT. The goal is to enhance THENA’s liquidity standing within the broader BNB Chain ecosystem. By expanding its offerings to include these popular assets and more stablecoins, THENA aims to capture greater market share, further boosting its trading volume; a net positive for bulls. Moreover, the co-founder announced a proposed deal with Venus Protocol, a leading lending platform on the BNB Chain and one of the largest DeFi protocols. While details remain limited, this signals THENA’s ambition to create a super app that offers more opportunities for active traders and liquidity providers. Once implemented, the proposal will create new yield opportunities for veTHE holders. Additionally, it is likely that some of Venus’ users will consider trading on THENA, driving more activity and revenue for the platform. Most importantly, the team leader revealed ongoing discussions with VanEck and Securitize for RWA tokenization. If a portion of United States treasuries is tokenized on the BNB Chain, with trading facilitated by THENA, THE prices could rise further. BlackRock, through Securitize and VanEck, already manages multi-billion-dollar funds tokenizing treasuries. DISCOVER: 8 High-Risk High-Reward Cryptos for 2025 THE Crypto Flies 80% as THENA Leads BNB Chain DeFi THE crypto spikes 80% Token trading at a 5-month high THENA looks to expand its share in the BNB Chain DeFi ecosystem Co-founder announces plans to rapidly grow and strike key partnerships The post THENA THE Crypto Explodes as DeFi Takes Center Stage on BNB Chain appeared first on 99Bitcoins.

Overview: The dollar has steadied today after yesterday's jump. Asia and Europe do not seem to be as enthusiastic about the dollar as North America seemed to be yesterday. President Trump indicated that sectoral tariffs on semiconductor chips and pharmaceuticals could be announced as early as August 1. He also said that there will be more bilateral deals announced. The greenback is mostly a little softer against the G10 currencies, with the Scandis the notable exception, unable to find much traction. Emerging market currencies are softer except for central Europe, the Chinese yuan, and the Mexican peso. The PBOC set the dollar's reference rate higher today for the third consecutive session for the first time in two months. Equities are under pressure. Nearly the all the large bourses in the Asia Pacific region but Taiwan, India, and Singapore slipped. Europe's Stoxx 600 is weaker for the fourth consecutive session, and US index futures are nursing small losses. Japanese 30- and 40-year bond yields pulled back after yesterday's jump and were off around 10 bp. Most European benchmark 10-year yields are slightly softer. The 10-year Gilt is a notable exception and is a couple basis points higher after the unexpected rise in June CPI. The 10-year US Treasury yield is almost a basis point lower near 4.47%. Gold is trying to end a two-day $31 slide. It is up by around $17 now to $3341. August WTI extended its pullback that began after Monday's high ($69.65) and fell to a seven-day low to approach $66. USD: The Dollar Index extended its advance and yesterday's 0.6% gain was the most in nearly a month. DXY has not fallen since July 2. Again, greenback's gains were buttressed by higher US interest rates and the implied year-end rate in the Fed funds futures market is up against its highest level since February. DXY overshot the 98.25 retracement target we have been anticipating. It is consolidating quietly in a narrow range (~98.45-98.65) today. Although consumer prices rose last month, producer prices are expected to have softened. A 0.2% rise in the headline and core will bring the respective year-over-year rates to 2.5% (from 2.6%) and 2.7% (from 3.0%). June industrial output figures will also be reported. Starting with a small rise in January, it alternated between gains and losses on a monthly basis. The sawtooth pattern is expected to continue as June's production is seen rising by 0.1% after falling 0.2% in May. Later in the session, the Beige Book will be released in preparation for the FOMC meeting later this month. It has taken on more significance during Powell chairmanship but given the practically no chance of a change in rates this month, the Beige Book is unlikely to have more than momentary impact. The earnings season kicked off yesterday in earnest with several large financial institutions reporting. The greenback's decline may help boost the dollar value of foreign earnings (while the opposite may be true in Europe). EURO: The euro was sold yesterday and settled below its 20-day moving average and the five-day moving average has fallen below the 20-day moving average for the first time in nearly two months. The five-day decline in tow is the longest since March. The euro was punched pushed below $1.16, but it is largely holding today but has not been able to retake $1.1630. The eurozone reported a seasonally adjusted 16.2 bln euro trade surplus in May. The average monthly surplus in Jan-May is about 18.9 bln euros, up from 17.1 bln average in the first five months of 2024. Although some observers still talk in terms of larger trade surplus should translate into currency appreciation, it does not hold up in practice, and this includes China too, in the same way that a large and persistent trade deficit in the US, UK, and Australia for example, does not always weigh on their respective currencies. Given that size of the foreign exchange market and capital flows relative to trade flows, we put more weight on what moves capital than goods in our understanding of the movement of exchange rates. That, of course, is more complicated as often purchases of foreign fixed income are hedged. CNY: If the PBOC was trying to moderate the dollar's decline, it was helped by the broadly stronger dollar after yesterday's US CPI. The greenback had found support in recent days in the CNH7.1660-80 area. It approached the month's high yesterday a little above CNH7.1880. There is little above there until CNH7.20, which the dollar has not traded above since June 3. Still, the greenback subdued within yesterday's range, confined so far to a CNH7.1785-CNH7.1860 range. The PBOC set the dollar's reference rate at CNY7.1526, the highest since July 8. It was the third consecutive higher fix, which the PBOC has not done since late May. JPY: Of this month's 11 sessions coming into today, the dollar has risen against the yen in seven sessions and in four of them the gain was more than 1%, including yesterday. The pace has pushed the dollar above the upper Bollinger Band (~JPY148.80 today). The greenback traded below JPY145 early last week and rose slightly above JPY149 yesterday, its best level since early April. The 10-year Treasury yield approached 4.50%, for the first time since June 11 and the 30-year yield poked above 5% for the first time since the end of May. The JPY149.40 area corresponds to the (50%) retracement of this year's decline. The dollar edged up to almost JPY149.20 today before stalling. Initial support may be around JPY148.50, and then JPY148. The Bank of Japan indicated it will provide dollars to Japanese banks using Japanese government securities under a repo facility (Funds-Supplying Operations against Pooled Collateral). The repos are preventative in the sense that it may head-off trouble that could arise from the maturing of dollar-denominated obligations in what appear to be large-scale carry trades (yen was borrowed to purchase USD assets). The BOJ's action may reduce the pressure on Japanese financial institutions from dumping Treasuries or scrambling to secure dollar-funding the market. The cross-currency basis swap has widened slightly to around -33 bp. There does not seem to be much strain presently, which is why it seems preventative in nature. GBP: Sterling's losing streak extended to eight consecutive sessions yesterday. It approached the June 23 low (~$1.3370). That is also near the trendline, drawn off the January, February and April lows. It is pinned near yesterday's lows and has been capped ahead of $1.3420. A break may find the next support area near $1.3330. The UK's June CPI was firmer than expectation, complicating the outlook for policy. The headline rate rose 0.3% in June (0.1% expected), lifting the year-over-year rate to 3.6% from 3.4%. The jump in utility prices in April exaggerated price pressures. At an annualized rate, the CPI rose at a 6.8% pace after 2.4% in Q1. In the press, businesses link the price increases to the rise in the payroll tax and minimum age. Core price inflation accelerated to 3.7% from 3.5% and inflation in consumer services was unchanged at 4.7%. Despite the firm inflation reading, the market remains highly confident that disappointing growth (contractions in both the April and May monthly GDP) will spur the Bank of England into action next month (~87% probability according to indicative pricing in the swaps market). with a rate cut following another in Q4. CAD: As is often the case in a firm US dollar environment, the Canadian dollar did relatively well yesterday and its minor loss (<0.10%) was the least among the G10 currencies. While the greenback was firm it remained within the range seen last Friday (~CAD1.3650-CAD1.3730). Nearby resistance is seen in the CAD1.3740-60 area. It remains firm now, holding above CAD1.3700, though not rising much above CAD1.3725. Canada's June CPI did not change the underlying picture very much. Headline inflation firmed, as anticipated, to 1.9% from 1.7%, while the underlying core readings remained elevated with the average of the two creeping up to 3.05% from 3.0%. Passenger cars and furniture prices rose, and this could be linked to tariffs, while airfare also rose and was the largest contributor to the increase. Excluding energy, Canadian consumer inflation is 2.7% year-over-year. A rate cut this month did not look particularly likely before the data and less so afterward. Indeed, the odds of another cut this year have been shaved. The swaps market sees the year-end target rate around 2.58%-2.60%, the highest in four months. AUD: The Australian dollar recorded the high for the year last Friday, slightly shy of $0.6600. Yesterday's sell-off it to slightly below $0.6510. It is holding above it today but met resistance around $0.6635. A break of $0.6500 targets this month's low near $0.6485. But that could be the neckline of a double top pattern, and a break could spur another cent decline. Moreover, the momentum indicators did not confirm last week's high, leaving a bearish divergence in its wake. Australia reports the June employment report tomorrow. The market anticipates a fairly steady report, with the unemployment rate and participation rates flat at 4.1% and 67.0%, respectively. Overall job growth is seen bouncing back by around 20k after losing 2.5k jobs in May. In the first five months of the year, Australia's overall job growth has slowed to an average of around 18k from almost 32k in the same period in 2024. Full-time job creation has held in better. It has averaged about 20.5k a month this year after 24.5k in the Jan-May 2024 period. MXN: The dollar rose for the third consecutive session yesterday against the Mexican peso, which matches its longest advance since the end of Q1. The roughly 0.6% gain was the largest since June 20. It and the Colombian peso were the weakest in the region yesterday, while Brazil, Peru, and Chile rose. It recorded a bullish outside up day. It traded on both sides of Monday's range and settled above Monday's high. The dollar settled above the 20-day moving average for the first time since June 23. However, there has been no follow-through dollar buying and the greenback is consolidating at the upper end of yesterday's range. It has held below MXN18.8450 (yesterday's high was near MXN18.8850). The US tomato tariff is only the latest move, and given the lack of available substitutes it is hard to see how this does not impact domestic US prices and breadth consumer choices. Mexico provides an estimated 70% of US tomatoes, up from 30% a couple years ago, according to industry estimates. President Sheinbaum hopes that the tomato tariff can be folded into the broader trade negotiations. Around one in nine Mexican workers are employed in the agriculture sector. In the past disruptions to the sector, such as corn, led to migration to the US. Disclaimer

The altcoin season has remained elusive because Bitcoin has continued to dominate the market. Even now, the largest cryptocurrency by market cap is still in the lead and continues to determine the direction of the rest of the crypto market. However, there is a turn in the tide coming as more altcoins begin to play catch-up. In particular, the coins in the list of Top 100 altcoins by market cap look to be on the verge of ushering in the next altcoin season. Altcoin Season Index Fires Into The Green The Altcoin Season Index is an index that charts the performance of the Top 100 altcoins by market cap against the performance of Bitcoin to determine when the altcoin season is in full bloom. This index, which goes from 1-100, is ranked by how many top 100 altcoins are outperforming BTC over a 90-day period, and when this figure rises to the 75% mark, it often signals that the altcoin season has begun. Over the last few months, altcoins have performed quite terribly in comparison to Bitcoin, and this has led to the Altcoin Season Index dropping toward peak lows. The index hit a score of 12 back in June 2025, showing that only 12 altcoins had outperformed Bitcoin over the 90-day timeframe. During this time, the Bitcoin dominance also rose rapidly, reaching as high as 66%, and signaling that most of the attention was on BTC during this time. However, the month of July has come with good tidings for the altcoin market as the index has seen its score more than double from its June lows. According to data from CoinMarketCap, the Altcoin Season Index has now crossed a score of 30. It also shows that during this time, 32 coins have outperformed Bitcoin’s 40% increase in the last three months. Interestingly, the meme coins are once again leading the rally with the likes of PENGU and MemeCore rallying over 500% in the 90-day period. HyperLiquid’s HYPE has also performed quite well, with CoinMarketCap data showing it has risen more than 230% in 90 days. Bitcoin Dominance On The Verge Of Collapse? So far, the Bitcoin dominance has maintained its position in the 60th percentile, and this has remained so for the last 90 days. However, over the last two weeks, there has been enough decline in the dominance to spark a ray of hope among investors, and that is a 3% drop toward 63%. Going by historical performance, though, the Bitcoin dominance would need to drop much more than this for altcoin season to begin in full bloom. For example, back in 2017, the Bitcoin dominance crashed from above 95% to around 50% before the altcoin season began. Again, in 2017, the dominance fell from above 70% to around 41% before the altcoin season began. Going by this trend, the Bitcoin dominance would need to see a drop back into the 40% region, and possibly the 30% region, for the altcoin season to really take hold. But as long as the dominance remains high, then Bitcoin would continue to lead the market, and altcoins could continue to struggle.

The British pound has stabilized on Wednesday and is trading at 1.3389 in the European session, up 0.07% on the day. This follows a four-day losing streak in which GBP/USD dropped 1.5%. On Tuesday, the pound fell as low as 1.3378, its lowest level since June 23. UK inflation hotter than expected Today's UK inflation report brought news that the Bank of England would have preferred not to hear. UK inflation in June jumped to 3.6% y/y, up from 3.4% in May and above the market estimate of 3.4%. This was the highest level since January 2024 and is a stark reminder that inflation is far from being beaten. The main drivers of inflation were higher food and transport prices. Services inflation, which has been persistently high, remained steady at 4.7%. Monthly, CPI ticked up to 0.3% from 0.2%, above the market estimate of 0.2%. It was a similar story for core CPI, which rose to 3.7% y/y from 3.5% in May, above the market estimate of 3.5%. Monthly, core CPI climbed 0.4%, above 0.2% which was also the market estimate. 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.

President Donald Trump says he’s found the legal leverage needed to finally remove Federal Reserve Chair Jerome Powell, pointing to what he calls a “disgraceful” $2.5 billion renovation of the central bank’s headquarters in D.C. Already momentum is building for Powell’s resignation, with Congresswoman Anna Paulina Luna confirming that Powell’s firing is imminent. Is BTC ▲1.67% about to rocket to $130,000 on this news? Trump’s criticism centers on the ballooning costs of the Fed’s multi-year renovation project, originally approved in 2021 but now hundreds of millions over budget. In a press stop on Tuesday, Trump doubled down: “I think he’s terrible. I think he’s a total stiff. But the one thing I didn’t see him is a guy that needed a palace to live in,” Trump told reporters. “When you spend $2.5 billion on, really, a renovation, I think it’s really disgraceful.” – Donald Trump (CoinGecko) Powell Resignation: You Live In a Banana Republic Now By arguing Powell mismanaged funds, Trump is trying to sidestep restrictions on firing a Fed chair over rate decisions. But pulling the trigger could backfire. Removing Powell would mark an unprecedented breach of central bank autonomy, and it could be the kind of move that rattles investors, unanchors inflation expectations, and throws the Fed’s mandate into political crossfire. The argument goes that while the puppet Trump installs will lower rates to zero, it’ll also place more control in the executive branch. We’ll experience one gigacycle to end all cycles, followed by a severe lack of trust in the rule of law. Legally, Powell can only be removed “for cause,” such as misconduct. Trump’s case appears to hinge on accusations that Powell misrepresented renovation costs in congressional testimony and violated the terms of local building approvals. Fed watchers warn that firing Powell now—before his term ends in May 2026—could damage U.S. creditworthiness, spike borrowing costs, and raise inflation expectations. Inside the Fed’s $2.5B Renovation Blowup While the Fed insists this is the first “comprehensive renovation” since the building’s opening, Trump officials say the price tag jumped nearly $600 million over budget due to inflation, labor shortages, and underground construction constraints tied to D.C. zoning laws. In 2024, the Fed canceled plans for a third building entirely due to rising costs. Budget Director Russ Vought blasted the project as a waste of taxpayer money: “Trump is extremely troubled about the Fed’s ostentatious overhaul,” said Russ Vought “The plans call for rooftop terrace gardens, VIP private dining rooms and elevators, water features, premium marble, and much more.” (X) Powell pushed back hard, alleging that, “There’s no VIP dining room. There’s no new marble… There are no special elevators. There are no new water features. And there’s no roof terrace gardens.” Trump’s Strategy: Overspending + Misrepresentation = ‘Cause’ Trump appears ready to capitalize on Powell. Deputy Chief of Staff James Blair, a Trump appointee to the commission, said Powell’s testimony “leads me to conclude the project is not in alignment with approved plans.” If Trump pulls it off, expect the golden crypto bull run due to low interest rates and institutional FOMO, but also a constitutional migraine. It’d be a win for markets, a loss for precedent. 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 President Donald Trump says he’s found the legal leverage needed to finally remove Federal Reserve Chair Jerome Powell. All eyes are on Powell this month. As inflation lingers and labor metrics soften. The post Jerome Powell Resignation Imminent: Is BTC About to Rocket? appeared first on 99Bitcoins.

The crypto bull 2025 might get overshadowed by stablecoin regulation. While BTC ▲1.67% dominates headlines with its record highs, it was stablecoins that had policymakers and institutional investors talking during a recent series of U.S. meetings hosted by Standard Chartered Bank. According to Geoffrey Kendrick, the bank’s global head of digital assets research, stablecoins dominated 90% of his conversations with lawmakers and clients in Washington, D.C., New York, and Boston. So… is this bullish or nah? “The discussions were almost entirely focused on stablecoins rather than bitcoin, despite BTC’s price surge,” Kendrick said. BitcoinPriceMarket CapBTC$2.37T24h7d30d1yAll time GENIUS Act Could Accelerate Institutional Stablecoin Adoption With stablecoins forecasted to balloon from $240 billion to $750 billion by 2026, the impact won’t just be felt in crypto but will ripple straight into the bond market. Kendrick warns that the demand for T-bill backing could distort Treasury issuance, overloading the short end of the curve and dragging attention away from longer-term debt. (DeFiLama) A major factor in the rising interest is the GENIUS Act, which aims to regulate fiat-backed stablecoins. The bill is expected to pass as soon as this week, potentially clearing the way for broader adoption by corporations, fintech firms, and even local governments. Regulatory Shifts Coming Faster Than Expected Momentum is building behind the Digital Asset Market Clarity Act, which could now hit the House floor by September, months ahead of schedule. The bill aims to demystify the rules around crypto tokens and, in doing so, pave the way for things like stock-token hybrids to flow into DeFi protocols. Just imagine being able to invest in SpaceX, OpenAI or X (Twitter) by year-end? That’s what this bill could open up. Speaker Mike Johnson has signaled the House will go bill-by-bill instead of bundling crypto legislation to keep fragile Senate talks alive. “It’s a priority of the White House, the Senate and the House to do all of these crypto bills,” Johnson said. In a year dominated by Bitcoin, stablecoins may quietly be the most disruptive force in digital finance. And not because of price action, but because of their deepening ties in governance. 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 According to Geoffrey Kendrick, the bank’s global head of digital assets research, stablecoins dominated 90% of his conversations with lawmakers. Momentum is building behind the Digital Asset Market Clarity Act, which could now hit the House floor by September, months ahead of schedule. The post Crypto Bull Run 2025? Are Stablecoins Overshadowing Bitcoin Discussions? appeared first on 99Bitcoins.

GameStop’s CEO, Ryan Cohen, just dropped a bomb on CNBC, calling Bitcoin a “hedge against inflation and global money printing”. This comes right after the company threw over $500 million into BTC, buying 4,710 coins in late May. While some investors are cheering the move as visionary, others are sweating over BTC ▲1.67% wild price swings. Social media is lighting up, with some calling for GameStop to go all in, suggesting they invest billions more into BTC from their reserves. BitcoinPriceMarket CapBTC$2.37T24h7d30d1yAll time GameStop $500 Million Bitcoin Bet: Visionary Move or Risky Gamble? In a bold move from its retail roots, GameStop has officially joined the ranks of corporate Bitcoin believers. The company purchased 4,710 Bitcoins worth over $500 million in late May 2025, making this one of the most significant Bitcoin buys by a public company this year. CEO Ryan Cohen made it crystal clear on CNBC’s Squawk Box that this isn’t some Strategy (MicroStrategy previously) copycat move. This is a strategic hedge against inflation and the fallout of relentless global money printing. He cited Bitcoin’s capped 21 million supply and decentralized nature as the key reasons behind the move. Ultimately, Cohen’s move has pushed GameStop into a new era, part stock, part crypto narrative. Whether it’s genius or gambling remains to be seen, but one thing’s for sure. The Bitcoin crowd is watching, and they want more from that. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways GameStop invests $500 million in Bitcoin. Crypto bulls call for pushing a billion dollars into Bitcoin. The post GameStop CEO Ryan Cohen Says Bitcoin Purchase Is “Hedge Against Inflation” appeared first on 99Bitcoins.

American multinational investment bank Citigroup announced plans to potentially issue its stablecoin, as CEO Jane Fraser revealed during a post-earnings conference call. As first reported by Reuters, Fraser emphasized the bank’s focus on both the stablecoin initiative and the growing tokenized deposit sector, stating, “This is a good opportunity for us.” As the third-largest lender in the United States, Citigroup is also exploring solutions for reserve management related to stablecoins and providing custody services for cryptocurrency assets. Citigroup’s Plan For New Stablecoin Initiative This announcement follows a strong second-quarter performance for Citigroup, which saw its shares reach their highest levels since the 2008 financial crisis. The bank reported earnings that exceeded Wall Street expectations and unveiled plans to buy back at least $4 billion in stock, further bolstering investor confidence. The timing of Citigroup’s stablecoin discussions coincides with the Republican Party’s “Crypto Week,” a campaign aimed at advancing crucial legislation to establish a regulatory framework for digital assets. Among the key proposals is the GENIUS Act, designed to facilitate the adoption of stablecoins within the traditional financial ecosystem. However, the path to regulatory approval has faced challenges. Legislative Setback For Crypto President Donald Trump called for swift passage of the GENIUS Act and the CLARITY Act, promoting them as pivotal for the United States to maintain its leadership in digital assets. In a Tuesday post on Truth Social, Trump proclaimed: The House will soon VOTE on a tremendous Bill to Make America the UNDISPUTED, NUMBER ONE LEADER in Digital Assets – Nobody does it better! The GENIUS Act is going to put our Great Nation lightyears ahead of China, Europe, and all others, who are trying endlessly to catch up, but they just can’t do it. Digital Assets are the FUTURE, and we are leading by a lot! Get the first Vote done this afternoon (ALL REPUBLICANS SHOULD VOTE YES!). Despite this push, the House of Representatives voted against the bill, with the final tally standing at 196-223. Notably, 13 Republican representatives joined Democrats in opposing the motion, marking a rare instance of dissent within the party. Fox journalist Eleanor Terret reported that some House members expressed concerns that the GENIUS Act could inadvertently pave the way for a Central Bank Digital Currency (CBDC). However, the bill includes provisions explicitly prohibiting the Federal Reserve from directly offering services to the public, ensuring that it cannot authorize initiatives like digital wallets or personal accounts related to CBDCs. The ultimate fate of these crucial crypto bills in the US Congress remains to be seen, as does whether this recent decision will cause financial giants to pause their plans to issue or adopt a major stablecoin for their clients. Featured image from DALL-E, chart from TradingView.com

The Bitcoin price has slipped under $117,000 as on-chain data shows the network has observed one of its largest profit realization days of the year. Bitcoin Long-Term Holders Did The Major Share Of Profit-Taking In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Realized Profit indicator for the short-term holders and long-term holders. The “Realized Profit” measures, as its name suggests, the total amount of profit that the BTC investors are realizing through their transactions. The metric works by going through the transfer history of each coin being sold to see what price it was moved at prior to this. The difference between that previous price and the current selling price denote the amount of profit or loss involved in the sale. Naturally, the sale realizes a gain if the difference is positive. The Realized Profit adds up this value involved in all transactions of the type occurring on the blockchain. Another indicator known as the Realized Loss keeps track of the sales of the opposite type. In the context of the current discussion, the Realized Profit of two specific segments of the sector is of interest: short-term holders (STHs) and long-term holders (LTHs). Investors are divided into these groups based on the basis of holding time. More particularly, holders who have been carrying their coins for 155 days or less are put in the STHs and those who have made it past this threshold are considered LTHs. Below is the chart shared by Glassnode that shows the trend in the Realized Profit for the two sides of the Bitcoin market. As displayed in the graph, the Bitcoin Realized Profit has seen spikes for both of these groups during the last 24 hours, implying investors across the market have harvested gains taking advantage of the rally to the new all-time high (ATH) above $123,000. In total, the holders took profits equal to $3.5 billion inside this window, making the profit-taking event one of the largest for the year. Interestingly, the LTHs occupied for a higher share ($1.96 billion or 56%) of the profit realization than the STHs ($1.54 billion or 44%). Generally, the longer an investor holds onto their coins, the less likely they become to sell them. As such, the LTHs with their relatively long holding time are considered to represent the resolute side of the market. Despite their strong resolve, however, it seems the latest Bitcoin price surge provided a temptation strong enough for even these diamond hands to be swayed. The result of the selloff has so far appeared to be a price decline to levels below $117,000. BTC Price At the time of writing, Bitcoin is floating around $116,700, up over 7% in the last week.

All major US indices closed lower on Tuesday, 15 July, except for the Nasdaq 100, which rose 0.1% thanks to Nvidia’s continued strength. The S&P 500 hit a fresh intraday all-time high of 6,302 early in the session but reversed gains to end down 0.4%. Small caps were hit hardest, with the Russell 2000 falling 2%, while the Dow Jones Industrial Average lost 1%. Disappointing earnings also weighed on sentiment. JP Morgan declined 0.7%, Wells Fargo plunged 5.5%, and BlackRock slid 5.9% after reporting Q2 results. The Dow underperformed due to its higher exposure to financials. Read more in our previous Chart of the day – Dow Jones Industrial Average at risk of a minor corrective decline close Fig 2: US Nasdaq 100 CFD Index minor trend as of 16 July 2025 (Source: TradingView) Fig 2: US Nasdaq 100 CFD Index minor trend as of 16 July 2025 (Source: TradingView) Despite the last two sessions of outperformance seen on the Nasdaq 100 against the other major US stock indices (S&P 500, DJIA, Russell 2000), technical analysis suggests that the US Nasdaq 100 CFD Index is likely due for at least an imminent minor corrective decline sequence within its medium-term uptrend phase. Since 3 July, the price actions of the US Nasdaq 100 CFD Index has consolidated and stalled at the upper boundary of a long-term secular ascending channel in play since the March 2020 low, Only for the first time on Tuesday, 15 July, since the consolidation started on 3 July, the US Nasdaq 100 CFD Index has formed a daily bearish reversal “Gravestone Doji” candlestick pattern after a failed intraday push above the upper boundary of the long-term secular ascending channel (see Fig 2). These observations suggest a potential “bullish exhaustion” moment on the US Nasdaq 100 CFD Index in light of Nvidia’s (a significant component stock of Nasdaq 100) positive news flow that allowed it to sell lower-grade H20 chips to China. Watch the 22,920/23,020 pivotal resistance, and a break below 22,600 is likely to expose the next intermediate support zone of 22,390/22,235 in the first step. However, a clearance above 23,020 invalidates the bearish scenario to resume the bullish impulsive up move sequence for the next intermediate resistances to come in at 23,190, and 23,400/23,480 (defined by Fibonacci extension cluster levels). 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.

SUI is attempting to reclaim a crucial resistance level after its massive performance over the past few weeks. As it breaks out of a triangle formation, some analysts suggest that a rally to a new all-time high (ATH) could be around the corner. SUI Breaks Out Of Multi-Month Pattern On Tuesday, SUI broke above the $4.00 resistance for the first time since May, hitting a two-month high of $4.10. The altcoin has seen an 81% surge over the past three weeks, recovering from the June retracement and setting up for a rally continuation. Notably, SUI ended its multi-month downtrend at the end of March, breaking above its descending resistance and jumping to its $4.29 high in May. Following the Q2 breakout, the cryptocurrency has been trading within the $2.33-$4.10 range. However, last month’s market pullback sent the token from its key $3.00 mid-range support to its three-month low of $2.22 before the recent recovery. Since then, SUI has reclaimed the mid-range area and skyrocketed toward the range high as Bitcoin’s (BTC) ATH rally leads the market. Over the past 24 hours, SUI has soared nearly 15% from the $3.50 support toward the $4.00 resistance, breaking out of a triangle formation and potentially setting the stage for a massive breakout. Analyst Ali Martinez affirmed that the altcoin’s bullish price action could push its price to a new ATH as it has broken out of a multi-month symmetrical triangle pattern over the past few days and attempts to turn the next key level into support. According to the market watcher, SUI finally broke above the descending resistance after reclaiming the $3.50 area on Monday and could target a 140% move to the $7.60 area if there’s a spike in buying pressure. Similarly, analyst Nebraskangooner highlighted that reclaiming the $4.00 resistance will propel the cryptocurrency to a new ATH. This level has been a crucial support since the Q3 2024 rally and a key resistance area after the early 2025 pullbacks. Is A Double-Digit Rally Coming? Crypto Bullet noted that SUI has entered its Wave 3, which eyes a double-digit target for the cryptocurrency. The analyst previously explained that the altcoin had a “clear 1-5 impulse off the April’s low – higher degree Wave (1),” before entering the corrective Wave 2 between late May and Early June. However, “Wave 2 took longer and went deeper than expected (obviously due to the situation in the Middle East).” After the recent breakout, SUI has entered the long-awaited Wave 3, with a 51% increase so far, and a target above the $10 mark, the analyst detailed. Additionally, he pointed to SUI’s trading pair against Solana (SOL), as the weekly chart “Looks like a breakout is imminent.” The altcoin is currently retesting a crucial resistance level against SOL, which could lead to a breakout to the 0.0470 area. “In the coming weeks, SUI will just crush Solana,” Crypto Bullet forecasted. Meanwhile, Crypto Kaleo affirmed that the cryptocurrency has continued its bounce on its trading pair against BTC. At the start of the month, the analyst highlighted that SUI had bounced from its BTC and USD pairs, becoming one of the leading altcoins. “BTC ratio chart looks ready to rip out of the wedge it’s been accumulating in since the beginning of 2025. Up only,” he concluded. As of this writing, SUI is trading at $3.96, a 3% increase in the daily timeframe.

A single-word reply on X from Rep. Anna Paulina Luna (R‑FL) — “Confirmed” — rocketed through the crypto markets early Wednesday, convincing a growing chorus of traders that Federal Reserve Chair Jerome Powell’s tenure is measured in days, not months. Within minutes of Luna’s affirmation that “Jerome Powell is going to be fired. Firing is imminent,” prediction‑market odds of his ouster on Polymarket leapt to 26 percent, the highest reading this year, up from 16 percent only 24 hours earlier. A White‑House‑backed search is already under way. Treasury Secretary Scott Bessent, in an on‑record Bloomberg interview, acknowledged “a formal process that’s already starting” to identify Powell’s successor, adding that “there are a lot of good candidates inside and outside the Federal Reserve.” President Donald Trump underscored the point during an impromptu press gaggle, repeating last week’s warning that “the renovations at the central bank were a fireable offense.” Those renovations — an over‑budget, $2.5 billion overhaul of the Fed’s historic Eccles Building — have become the legal pretext for dismissal, with Trump allies alleging “inefficiency” and “neglect of duty,” two of the three causes for removal spelled out in the Federal Reserve Act. Powell has asked the Fed’s inspector general to reopen its review of the project. Notably, Bill Pulte, the Federal Housing Finance Agency head and a longtime Powell critic, confirmed the rumors to his followers on X: “I heard from a very credible, bipartisan source, today, that Jerome Powell is considering resigning. This maps with both reports and also the talk in DC.” Crypto Markets Sense A Massive Bull Run The Bitcoin and crypto prices haven’t shown any reaction to the rumor yet. After piercing $123,000 on Monday, BTC is still 4.5 percent below the record high. The entire crypto market seems to be in a wait-and-see position. However, long-term, the implication could be profound for the crypto markets. “I cannot think of a more bullish catalyst for Bitcoin in the past five years than the complete and utter humiliation of Jerome Powell,” wrote macro commentator Julian Figueroa, pointing to what he called the “façade” of central‑bank independence collapsing in real time. Long‑time trader Byzantine General echoed the ambivalence: “Powell was actually a great Fed chair. But… if he resigns then it’s very likely that whoever comes next will lower rates, which is bullish for our cryptographic currencies.” Should President Trump succeed in replacing Powell with a more accommodating successor—one prepared to deliver the “three‑percentage‑point” rate cut he has publicly demanded—the Federal Reserve would likely be forced to shelve its balance‑sheet runoff precisely as Washington ramps up fresh fiscal stimulus. That synchronous pivot away from quantitative tightening would flip the liquidity regime from drain to deluge, recreating the macro backdrop that powered the crypto market’s 2020‑21 vertical ascent and positioning it for the next major bull run. At press time, the total crypto market cap stood at $3.68 trillion.

Most Read: WTI Oil Advances as 200-day MA Serves as Support, Chinese Imports Soar The Bank of England has a new headache to deal with as headline inflation rose to 3.6%, its highest in over a year. The figure came in higher than the 3.4% which was economists expectations based on a Reuters poll. Services price inflation, which the Bank of England sees as a better indicator of local price pressures than overall CPI, stayed at 4.7% in June, defying economists' expectations of a drop to 4.6%. close Source: TradingView.com Source: TradingView.com For a more in depth look at the technical picture for GBP/USD, Please read GBP/USD Vulnerable as Trendline Break Sets Up Potential 600 Pip Drop Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Bitcoin’s recent price momentum has encountered a pause following the latest US Consumer Price Index (CPI) release, which showed inflation rising to 2.7% in June. The inflation increase appears to have affected investor sentiment. After reaching a new high above $123,000 on Monday, Bitcoin has since declined by roughly 5.4% from that peak, with its price currently trading just above $116,000. The broader crypto market also reacted to the news, with the global crypto market cap valuation dropping by nearly 7% in the past day amid renewed uncertainty about future interest rate policy. While Bitcoin has exhibited a strong uptrend in recent weeks, the latest pullback introduces short-term volatility that analysts are watching closely. One particularly notable development occurred on-chain: a transfer of 10,000 BTC, valued at roughly $1.2 billion, from a dormant address last active over a decade ago. Historic Bitcoin Transfer Raises Eyebrows, but No Signs of Exchange Activity CryptoQuant analyst Carmelo Alemán shared insights into the large transaction in a recent post titled “10,000 Historic BTC Move On-Chain.” According to Alemán, the transaction occurred on July 14 at 16:17 UTC, moving 10,000 BTC from address ‘bc1q84…7ef6k ‘ to ‘bc1qmu….8v2p.’ These coins had not moved in over 10 years, indicating they likely originated from early miners during Bitcoin’s earliest phases when the block reward was 50 BTC. Alemán noted that such old unspent transaction outputs (UTXOs) often trigger concern about potential sell-offs, but in this case, further analysis suggests a more neutral interpretation. The movement of old coins can occur for various reasons, including UTXO consolidation, wallet upgrades, or potential sales. Alemán explained that this transfer displayed characteristics consistent with consolidation for efficiency and security purposes. For example, the transaction used 16 different inputs, which can help reduce future transaction fees. Additionally, no corresponding inflow to centralized exchanges (CEXs) was detected, typically a key signal when holders intend to liquidate. The analyst also pointed out that two small test transactions were sent to the receiving address before the full transfer. These included a 0.00089 BTC and a 1 BTC transaction, commonly used to verify wallet accessibility before moving a large sum. Interestingly, two hours after the initial transaction, the same destination wallet received another transfer of 10,009 BTC, bringing the total to more than 20,000 BTC moved in the span of a few hours. Implications for Market Behavior and On-Chain Trends While the transaction did not lead to immediate market selling, it has added to ongoing discussions about the role of long-term holders in Bitcoin’s supply dynamics. Large transfers from early addresses are rare and often interpreted as strategic reorganization of funds. Alemán noted that the absence of exchange-related activity makes it unlikely that the coins are being liquidated in the short term. However, he cautioned that such movements warrant continued monitoring, particularly if additional large transfers follow or if the recipient wallet later transacts with exchanges. Featured image created with DALL-E, Chart from TradingView

BNB price is correcting gains from the $708 zone. The price is now facing hurdles near $692 and might dip again toward the $675 support. BNB price is attempting to recover from the $675 support zone. The price is now trading below $690 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $692 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $680 level to start another increase in the near term. BNB Price Faces Hurdles After a steady increase, BNB price failed to clear the $710 zone. There was a downside correction below the $690 and $680 levels, unlike Ethereum and Bitcoin. The price even dipped below $678 and tested $675. A low was formed at $674 and the price is now attempting to recover. There was a move above $680. The price climbed above the 50% Fib retracement level of the downward move from the $707 swing high to the $674 low. However, the bears are active near $692. There is also a key bearish trend line forming with resistance at $692 on the hourly chart of the BNB/USD pair. The price is now trading below $690 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $692 level. The next resistance sits near the $695 level or the 61.8% Fib retracement level of the downward move from the $707 swing high to the $674 low. A clear move above the $695 zone could send the price higher. In the stated case, BNB price could test $708. A close above the $708 resistance might set the pace for a larger move toward the $720 resistance. Any more gains might call for a test of the $732 level in the near term. Another Decline? If BNB fails to clear the $692 resistance, it could start another decline. Initial support on the downside is near the $682 level. The next major support is near the $680 level. The main support sits at $674. If there is a downside break below the $674 support, the price could drop toward the $665 support. Any more losses could initiate a larger decline toward the $650 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $685 and $680. Major Resistance Levels – $692 and $708.

What was meant to be a big legislative moment for crypto policy ran into a wall on Tuesday. Three major digital asset bills got stopped cold in the House after a group of 13 Republicans broke ranks and joined Democrats to block a key procedural vote. That vote was needed to move forward with debate and final approval. The bills included the GENIUS Act for stablecoin rules, a bill on market structure, and one aimed at blocking a government-backed digital dollar. Why the Package Collapsed The main sticking point came down to how the bills would be handled. Some Republicans pushed for all three to be combined into one package, which would have triggered a longer process involving the Senate. House leadership, backed by Trump, wanted individual votes to fast-track passage. That split caused the vote to fail 196 to 223. With that, the day’s crypto momentum ground to a halt. Trump Tries to Rally Support Trump has been vocal about making the US a leader in digital assets and threw his support behind the legislation. After the vote failed, he brought lawmakers to the White House to regroup. Later, he posted that 11 of the 12 holdout Republicans had agreed to move forward with a new vote the next day. Whether that happens remains to be seen. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Crypto Markets React to Uncertainty For the industry, this isn’t just a political scuffle. The GENIUS Act would introduce rules for reserve backing and transparency that many stablecoin issuers have asked for. When the vote failed, markets didn’t like the uncertainty. Shares of crypto firms like Coinbase and Circle dropped by about 4 percent before stabilizing. Bitcoin also dipped before recovering some ground. BitcoinPriceMarket CapBTC$2.34T24h7d30d1yAll time Fractures in the Republican Ranks This episode exposed real tension inside the GOP. Some lawmakers want to move quickly on digital asset policy, while others are more hesitant or want broader negotiations. Even with Trump’s backing, the internal disagreement was enough to stall the entire effort. It’s a reminder that party unity does not always guarantee results. DISCOVER: 20+ Next Crypto to Explode in 2025 Can the Bills Be Revived? House leadership says they are not done. There may be another attempt this week, or they could try again after the next recess. Staff on both sides of the Capitol are likely already working on new angles. But time is tight, and the longer this drags out, the more uncertain the outlook becomes for crypto regulation in 2025. It’s Not Over Yet: What the Delay Means This isn’t just about three bills. It’s about whether Washington can provide clarity on stablecoins, market infrastructure, and future digital currency efforts. Other countries are moving forward with their own frameworks. If the US falls too far behind, the impact could stretch beyond policy and into innovation and investment. Crypto Week may have stalled, but it is far from over. The next few days will show whether lawmakers can pull together and deliver something concrete or whether this becomes another case of political promises running into reality. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Crypto Week hit a wall after the House failed to pass a key procedural vote, blocking three major digital asset bills from moving forward. The vote collapsed due to internal GOP disagreements over whether to fast-track individual bills or bundle them into one larger package. Trump backed the legislation and tried to rally support after the vote failed, but it’s unclear if a new vote will happen this week. The market reacted to the uncertainty, with stocks like Coinbase and Circle falling around 4 percent and Bitcoin briefly dipping. Lawmakers say they’re not giving up, but the delay adds more uncertainty to U.S. crypto regulation heading into 2025. [/key_takeaways_list] [/key_takeaways] The post Crypto Week Stalls Out as House Vote Fails appeared first on 99Bitcoins.