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The Australian dollar is showing limited movement. In the European session, AUD/USD is trading at 0.6500, down 0.15% on the day. Australian CPI eases to 2.1%Australia's inflation rate for the second quarter came in lower than expected. Headline CPI dropped to 2.1% y/y, down from 2.4% in the prior two quarters and falling to its lowest level since Q1 2021. This was just below the market estimate of 2.2%. Quarterly, CPI rose 0.7% in Q2, down from 0.9% in Q1 and below the market estimate of 0.8%. Services inflation continued to decline and fell to 3.3% from 3.7%. The drop in CPI was driven by a sharp drop in automotive fuel costs. The RBA's key gauge for core CPI, the trimmed mean, slowed to 2.7% from 2.9%, matching the market forecast. This was the lowest level since Q4 2021. Is an August rate cut a done deal? The positive inflation report is a reassuring sign that inflation is under control and should cement a rate cut at the Aug. 12 meeting. The Reserve Bank of Australia stunned the markets earlier this month when it held rates, as a quarter-point cut had been all but certain. Bank policymakers said at that meeting that they wanted to wait for more inflation data to make sure that inflation was contained and today's inflation report should reassure even the hawkish members that a rate cut is the right move at the August meeting. Fed expected to hold rates The Federal Reserve meets today and is widely expected to maintain the benchmark rate for a fifth straight meeting. Investors will be looking for clues regarding the September meeting, as the markets have priced in a rate cut at 63%, according to CME's FedWatch. AUD/USD is testing support at 0.6500. Next, there is support at 0.6488 and 0.64740.6514 and 0.6526 are the next resistance lines AUDUSD 4-Hour Chart, July 30, 2025 Federal Reserve to hold rates againAUD/USD Technical AUD/USD is testing support at 0.6500. Next, there is support at 0.6488 and 0.64740.6514 and 0.6526 are the next resistance lines 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.

A large number of token unlocks are expected to hit the altcoin market this week, and Dogecoin is one of those with the most notable unlocks happening this week. With the uncertainty in the market, token unlocks like these could affect the Dogecoin price. However, with deep liquidity, there is a high possibility that the meme coin is able to absorb this massive unlock without much effect. Large Dogecoin Unlock To Hit The Market In an X post, Wu Blockchain reported that there are a number of single token unlocks that are set to go live in the altcoin market over seven days. However, the ones of concern are the linear unlocks that will continue into the first week of August, putting hundreds of millions of dollars into the market. One of the major unlocks shown was for Dogecoin, which is supposed to see approximately 95.5 million DOGE tokens added to its supply. Going by the current supply, this would be an additional 0.06% added to the circulating supply. At the current market price, this would be around $22.9 million worth of tokens being added. Naturally, token unlocks can impact the price of a digital asset, and Dogecoin is no different. However, looking at the daily trading volume of the cryptocurrency, which is in the billions of dollars, as well as the deep liquidity across major crypto exchanges, it is likely that the DOGE market will absorb this new supply without much fuss. Additionally, not all of the 95 million tokens will be sent into circulation at once. Given that it’s a linear unlock, meaning the coins will be released into circulation in smaller batches, it is much easier for the market to absorb the supply without any negative impact to the Dogecoin price. Other Tokens Being Unlocked While the Dogecoin token unlock is significant, it is not the largest token unlock expected to happen this week. The crown goes to Solana, which is expected to see 465,770 tokens unlocked. This stash is worth a staggering $87 million and translates to 0.09% of the total supply. Next on the list is the TRUMP token at 4.89 million tokens worth $50.13 million. This accounts for 1.67% of the total supply. Then, it is followed by Worldcoin (WLD), with an expected 37.23 million tokens to be unlocked, worth $44.67 million, and translates to 2.16% of the total supply. Other major unlocks include TAO with 50,400 tokens worth $21.49 million. There’s also Avalanche (AVAX) with 700,000 tokens worth $18.07 million, and Celestia (TIA) with 6.96 million tokens worth $14.20 million.

The crypto market is flashing mixed signals, leaving investors wondering what are the best crypto to buy right now. While the global market cap dropped to $3.87 trillion and major altcoins like XRP (-0.50%), Solana (-2.4%), and BNB (-3.61%) slipped into the red, some assets are showing surprising strength. Ethereum (ETH) is one of them, climbing 0.37% to remain firmly above $3,800. At the same time, Bitcoin rebounded above $118,000 as Strategy (formerly MicroStrategy) confirmed a fresh $2.46 billion BTC purchase. With 21,021 more BTC added at an average of $117,256, Strategy now holds 628,791 BTC worth $74.26 billion, with an unrealized profit of over $28 billion. EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Bitcoin ETFs continued to attract investor interest on July 29, recording a net inflow of $80 million. The largest contributor was BlackRock’s IBIT, which brought in $157.6 million. Meanwhile, some older ETFs like GBTC and BITB saw outflows, with GBTC alone losing $49 million. Despite a few outflows, this marks the third straight day of positive net inflows, showing that demand for Bitcoin exposure through ETFs remains strong—even as the broader crypto market cools off. Ethereum ETFs also saw a net inflow of $218 million. Market sentiment remains greedy, with the Fear & Greed Index still at 63. This suggests the correction hasn’t shaken long-term confidence. So where is smart money flowing? 14 minutes ago SEC Opens Door for In-Kind Redemptions in Crypto ETFs By Fatima The U.S. Securities and Exchange Commission has approved in-kind redemptions for spot Bitcoin and Ethereum exchange-traded products. This means ETF issuers and authorized participants can now deliver or receive actual Bitcoin or Ether when creating or redeeming shares. Until now, they had to use cash. This rule change brings crypto ETFs closer to how commodity ETFs like gold are handled. Read The Full Article Here 2 hours ago Whales Favour ETH, Strategy Buys BTC, and TRX Breaks Out By Fatima Whale wallets continue to favour Ethereum. One fresh wallet received 12,000 ETH (around $45 million) from Galaxy Digital’s OTC desk just hours ago. Since July 9, nine wallets have quietly accumulated 640,646 ETH, worth over $2.43 billion. Bitcoin also remains a top choice for investors right now. With Strategy aggressively expanding its holdings and ETF inflows stabilizing the price, BTC is still seen as the foundation of most long-term portfolios. But one surprise performer is Tron (TRX). While the broader market dropped, TRX jumped to $0.35 (now trading at $0.335): up 75% from its 2024 low. Per CryptoQuant, Tron processed over 2.8 billion transactions in the last 12 months and generated more revenue than Ethereum, Solana, and BNB Chain combined. With technical indicators pointing bullish and TRX trending above key resistance levels, it’s another name to watch closely. The post [LIVE] ETH Price Rises As The Crypto Market Falls — MicroStrategy Keeps Accumulating Bitcoin: Best Crypto To Buy? appeared first on 99Bitcoins.

The U.S. Securities and Exchange Commission has approved in-kind redemptions for spot Bitcoin and Ethereum exchange-traded products. This means ETF issuers and authorized participants can now deliver or receive actual Bitcoin or Ether when creating or redeeming shares. Until now, they had to use cash. This rule change brings crypto ETFs closer to how commodity ETFs like gold are handled. Why In-Kind Matters for Institutions For institutional traders, this update simplifies the process. Instead of selling crypto for cash or converting fiat into tokens during each ETF transaction, they can deal directly with the assets themselves. That saves time, reduces taxes, and cuts down on unnecessary trading costs. Source: SEC.gov At the same time, the SEC has raised the position limits for Bitcoin ETF options to 250,000 contracts. That’s a big jump from the previous limit and gives institutions more room to build and manage large hedging positions. It also means more flexibility for advanced strategies without needing to split trades across multiple funds. A Shift in Regulatory Approach This is one of the first major moves under SEC Chair Paul Atkins, and it stands out. Rather than fighting the structure of crypto ETFs, the agency is adjusting its rules to accommodate them. That includes not only Bitcoin and Ethereum ETFs, but potentially future products as well. Analysts believe this could pave the way for altcoin-based ETFs to enter the market with fewer hurdles. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025 Behind-the-Scenes Mechanics Get an Upgrade From the outside, most investors won’t notice much difference. ETF shares still trade on the stock exchange just like before. But the behind-the-scenes process for creating and redeeming those shares just got a lot more efficient. Instead of having to unwind cash positions or go through third parties, authorized participants can move crypto directly in or out of the fund. BitcoinPriceMarket CapBTC$2.35T24h7d30d1yAll time This lowers the operational burden on ETF issuers and makes arbitrage faster, which should help keep the ETF price close to the actual value of its underlying crypto assets. Broader ETP Changes Accompany the Update The SEC also gave the green light to funds that hold both Bitcoin and Ethereum in a single product. It approved listed and flex options for those ETPs too. This makes the current generation of crypto ETFs feel more complete and more like the traditional products institutions are used to dealing with. Source: Shutterstock Firms like BlackRock, Fidelity, and Ark Invest had been pushing for these changes since the original approvals went through. The SEC’s decision shows it’s listening and adapting as the market matures. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Market Reaction and Institutional Outlook Reactions have been mostly positive. Traders expected this change, but that doesn’t make it any less important. With in-kind redemption now live, institutional players have fewer excuses to stay on the sidelines. The new options limits also remove a major constraint for desks that want to scale up exposure or manage larger client flows. So, What Comes Next? With infrastructure in place, ETF issuers may start to explore broader offerings, possibly including other crypto assets. Regulators will be watching how firms handle these tools, especially in volatile markets. But for now, the structure is stronger, and that’s good news for any institutional investor looking to take crypto more seriously. By allowing direct transfers of Bitcoin and Ether, the SEC ETF rule brings crypto products closer to traditional commodities. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The SEC now allows in-kind redemptions for spot Bitcoin and Ethereum ETFs, letting issuers directly move crypto instead of using cash. Institutional investors benefit from fewer taxes and lower friction, as they can now transfer Bitcoin and Ether directly in ETF transactions. Position limits for Bitcoin ETF options jumped to 250,000 contracts, giving large trading desks more room for strategies and hedging. The change reflects a more flexible stance from the SEC and may open the door for ETFs based on other crypto assets like altcoins. The move improves ETF pricing efficiency and reduces operational costs, while funds holding both BTC and ETH also received SEC approval. The post SEC Opens Door for In-Kind Redemptions in Crypto ETFs appeared first on 99Bitcoins.

In a recent expert commentary, executives from BlackRock, the world’s largest asset manager and a leading issuer of cryptocurrency exchange-traded funds (ETFs), identified a significant trend in the cryptocurrency market, particularly for Bitcoin (BTC). They foresee a major surge ahead, driven by recent US legislative developments such as the signing of the GENIUS Act. They assert that these developments bolster the role of stablecoins as key players in the future of digital payments. New Regulatory Landscape For Stablecoins Central to BlackRock’s analysis is the recently enacted GENIUS Act, legislation that aims to establish a comprehensive framework for stablecoins as a means of payment. Stablecoins, digital tokens pegged to traditional currencies such as the US dollar, are gaining significant traction among traditional finance firms seeking to modernize their transactions, and could solidify the dollar’s dominance in global markets. Though their current market share is about 7%—equating to approximately $250 billion—the rapid adoption of stablecoins since 2020 indicates a growing acceptance within the financial landscape. The GENIUS Act delineates stablecoins as payment methods rather than investment products, which includes provisions to prohibit interest payments and restrict issuance to federally regulated banks and select nonbanks. This regulatory framework is poised to create a tokenized ecosystem centered around the US dollar, facilitating easier access for users in emerging markets while potentially limiting adoption in major economies due to the ban on interest payments. Additionally, the act specifies the types of assets that stablecoin issuers can hold in reserve, predominantly consisting of repurchase agreements, money market funds, and US Treasury bills with short maturities. Notably, major stablecoin issuers like Tether (USDT) and Circle (USDC) currently hold over $120 billion in Treasury bills, yet this represents only a small fraction of the total outstanding US Treasury bills. BlackRock Optimistic About Bitcoin’s Potential BlackRock’s commentary also suggests that while the demand for Treasury bills may increase as the stablecoin market grows, the overall impact on yields could be limited. This is due to a likely offsetting shift of funds from similar assets rather than generating significant new demand. Furthermore, the US Treasury’s inclination to increase short-term debt issuance to address persistent budget deficits may also dampen any upward pressure on yields. Beyond US borders, other regions are also taking steps to regulate stablecoins. Hong Kong is implementing new regulations aimed at fostering innovation in stablecoins, while Europe is exploring the concept of a digital euro, albeit with limitations to protect traditional banks. Should other nations allow interest-bearing stablecoins or pursue central bank digital currencies (CBDCs), the US dollar’s role in trade finance could be at risk, the experts assert, potentially prompting the US to reconsider its stance on interest payments. As digital assets continue to gain mainstream acceptance, the combination of regulatory support and US administration backing suggests a future where Bitcoin and stablecoins play a more integral role in financial systems. BlackRock remains optimistic about Bitcoin’s potential as a distinct return driver and a key asset in diversified investment portfolios. Featured image from DALL-E, chart from TradingView.com

PayPal is getting ready to launch a new feature called Pay With Crypto, and it’s coming to U.S. merchants in the next few weeks. Businesses will be able to accept over 100 cryptocurrencies, including Bitcoin, Ethereum, USDT, and Solana. Once a customer pays, the crypto is automatically converted into U.S. dollars or PayPal’s stablecoin PYUSD. Merchants get settled instantly, without needing to touch the crypto themselves. Why Merchants Are Paying Attention This isn’t just a tech upgrade. For merchants, especially those selling across borders, the savings could be substantial. PayPal is offering a discounted transaction fee of 0.99 percent through mid-2026, which is far lower than the usual credit card processing rates. For small businesses operating on slim margins, this makes a significant difference. And they don’t need to do anything extra. PayPal handles the conversion and settlement in the background. How It Works Behind the Scenes The feature plugs directly into wallets like Coinbase, MetaMask, and Kraken. When a customer selects Pay With Crypto, their wallet connects to the checkout, the crypto is transferred, and PayPal handles the conversion. The merchant gets paid in either dollars or PYUSD. Everything runs through PayPal’s system, so merchants don’t need to set up wallets or worry about crypto custody. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Customer Experience Stays the Same From the customer’s side, it’s a familiar checkout flow. Select your cryptocurrency, choose your token, and approve the payment in your wallet. PayPal takes care of the rest. There’s no delay, no currency conversion step, and no unexpected pop-ups. The receipt is in dollars, and the merchant sees the funds just like they would with any other PayPal transaction. Strategic Move into Global Crypto Payments This isn’t just about simplifying payments. PayPal is clearly setting up for a long-term role in global crypto commerce. By bridging crypto wallets and fiat settlements, it’s creating a smooth path for cross-border payments without relying entirely on the traditional banking system. That could eventually give merchants more flexibility, and it hints at where PayPal might be going next. BitcoinPriceMarket CapBTC$2.34T24h7d30d1yAll time DISCOVER: 20+ Next Crypto to Explode in 2025 Previous Crypto Moves Build Momentum PayPal has been in the crypto space for a while now. Users can already buy, sell, and hold digital assets in the app. It launched its stablecoin, PYUSD, in 2023. This new merchant-facing tool builds on that foundation, bringing both sides of the transaction—consumer and business—under the same roof. What to Watch Going Forward With a rollout like this, questions will follow. Regulators will want to know how these transactions are monitored, whether they meet existing financial rules, and what risks they pose. Merchants will want answers on how fast settlements happen, how refunds work, and what protections are in place if something goes wrong mid-payment. Why It Matters Now Credit card fees are climbing, and international commerce isn’t getting any simpler. PayPal’s crypto tool gives businesses a new way to accept payment that could save money and move faster. For crypto-savvy consumers, it also means one less step when checking out online. If it works smoothly, this feature could change how everyday crypto spending fits into online shopping. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways PayPal is rolling out Pay With Crypto to U.S. merchants, letting them accept over 100 cryptocurrencies without handling the crypto directly. Payments are converted instantly into USD or PYUSD, with a discounted 0.99% fee—lower than typical credit card processing rates. The feature connects to wallets like MetaMask, Coinbase, and Kraken, and merchants don’t need to set up crypto wallets or worry about custody. The customer experience is seamless, with no extra steps or delays, and merchants receive payment like a standard PayPal transaction. This move positions PayPal for a bigger role in global crypto payments by blending wallet-based crypto use with fiat settlement. The post PayPal Launches “Pay With Crypto” for U.S. Merchants appeared first on 99Bitcoins.

BNB price is correcting gains from the $860 zone. The price is now facing hurdles near $820 and might dip again toward the $788 support. BNB price is correcting gains and traded below the $820 support zone. The price is now trading below $810 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $800 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $788 level to start another increase in the near term. BNB Price Trims Some Gains After a steady increase, BNB price failed to clear the $860 zone. There was a downside correction below the $850 and $680 levels, like Ethereum and Bitcoin. The price even dipped below $840 and tested $800. There was a clear move below the 23.6% Fib retracement level of the upward move from the $744 swing low to the $861 high. The bulls are now active near the $800 support zone. There is also a key bullish trend line forming with support at $800 on the hourly chart of the BNB/USD pair. The price is now trading below $810 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $810 level. The next resistance sits near the $820 level. A clear move above the $820 zone could send the price higher. In the stated case, BNB price could test $845. A close above the $845 resistance might set the pace for a larger move toward the $860 resistance. Any more gains might call for a test of the $880 level in the near term. More Losses? If BNB fails to clear the $820 resistance, it could start another decline. Initial support on the downside is near the $800 level. The next major support is near the $788 level. The main support sits at $770. If there is a downside break below the $770 support, the price could drop toward the $750 support. Any more losses could initiate a larger decline toward the $735 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $800 and $788. Major Resistance Levels – $810 and $820.

Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing of its initial public offering (IPO) of 28,011,111 shares of variable rate series A perpetual stretch preferred stock. Priced at $90 per share, this offering stands out as the largest US IPO of 2025 and one of the most significant crypto-related offerings in recent years, to which STRC is projected to commence trading on the Nasdaq Global Select Market around July 30, 2025. Strategy Set To Boost Bitcoin Holdings According to the official announcement issued on Tuesday, the IPO generated gross proceeds of approximately $2.521 billion, with net proceeds estimated at around $2.474 billion after accounting for underwriting discounts and offering expenses. Strategy plans to utilize these funds to acquire 21,021 BTC at an average price of $117,256 each. This acquisition will increase the company’s total Bitcoin holdings to approximately 628,791 Bitcoin, amassed at an aggregate cost of about $46.8 billion, translating to an average purchase price of $73,227 per bitcoin, inclusive of related fees and expenses. These strategic moves have led analysts to anticipate a notable rebound for Strategy’s stock. As reported by NewsBTC, amid a positive shift in Wall Street’s outlook, they are projecting an 84% reduction in the company’s loss per share year-over-year for the second quarter. Analysts expect Strategy to achieve profitability of $7.30 per share this year, marking a remarkable 209% increase compared to the previous year. MSTR Price Target Raised The bullish sentiment surrounding Strategy stock has intensified, particularly following a price upgrade from TD Cowen. Several analysts have revised their price targets upward, reflecting heightened confidence in the company’s strategic trajectory. Barclays analyst Ramsey El-Assal has adjusted his price target for MSTR from $421 to $475, maintaining an “Overweight” rating that underscores his belief in the company’s initiatives. Cantor Fitzgerald analyst Brett Knoblauch slightly lowered his price target from $619 to $614 but retained an “Overweight” rating, expressing faith in Strategy’s ability to maintain its premium net asset value while continuing to expand its Bitcoin holdings. Analysts at H.C. Wainwright also raised their price target from $480 to $521 for MSTR, citing the company’s revised guidance for 2025 and its ambitious capital-raising plans. The report further notes that out of 13 analysts covering the stock, 11 recommend a “Strong Buy,” one suggests a “Moderate Buy,” and another has issued a “Strong Sell” rating. The consensus price target currently stands at $543.62, while TD Cowen’s highest target reaches $680. As of this writing, MSTR closed the trading session dropping 9% to its current valuation of $398 per share. Bitcoin, on the other hand, consolidates just 4% below its all-time high at $117,250. Featured image from DALL-E, chart from TradingView.com

XRP price started a downside correction below the $3.20 zone. The price is now attempting a recovery and might aim for a move above the $3.180 level. XRP price started a fresh pullback below the $3.20 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.080 zone. XRP Price Eyes Fresh Increase XRP price started a fresh decline below the $3.30 zone, unlike Bitcoin and Ethereum. The price declined below the $3.250 and $3.220 support levels. The price dipped below the 50% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. The bears even pushed the price below the $3.120 support zone. Finally, the bulls appeared near the $3.080 level. The price found support near the 76.4% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. Recently, there was a break above a bearish trend line with resistance at $3.120 on the hourly chart of the XRP/USD pair. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.170 level. The first major resistance is near the $3.20 level. A clear move above the $3.20 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.330 resistance or even $3.350 in the near term. The next major hurdle for the bulls might be near the $3.40 zone. Another Drop? If XRP fails to clear the $3.20 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level. The next major support is near the $3.020 level. If there is a downside break and a close below the $3.020 level, the price might continue to decline toward the $3.00 support. The next major support sits near the $2.980 zone where the bulls might take a stand. 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 above the 50 level. Major Support Levels – $3.080 and $3.020. Major Resistance Levels – $3.170 and $3.20.

As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has been trading within a crucial price range, hitting its latest all-time high during this period. The flagship crypto has been hovering between $114,000-$120,000, retesting the local lows on Friday before recovering the range highs over the weekend. Amid this performance, market watcher Crypto Patel highlighted that BTC is trading inside a bull flag formation in the 4H chart, which could lead to an 8%-12% move once broken out. According to the analysis, if the cryptocurrency successfully breaks above the pattern’s descending resistance, near the $120,000 mark, its price could see a surge toward the $130,000 barrier for the first time. On the contrary, a rejection from this area could send Bitcoin toward the bull flag’s support, around $114,000, once more. The analyst warned that despite the key support’s strength, a breakdown below this level would invalidate the bullish pattern and risk a drop to the $100,000 level or below. In a Monday analysis, analyst Rekt Capital also discussed BTC’s bull flag in the weekly chart. He noted that Bitcoin closed last week above the bull flag top despite the Friday drop, “preparing and positioning itself for a confirmed breakout.” Therefore, the start-of-week pullback could be considered a volatile post-breakout retest if the cryptocurrency closes this week above $119,200. The analyst explained that “price has an entire week to do that; in fact, price could downside wick below the Bull Flag bottom to form a potential Diamond-Shaped candlestick formation in the downside wicks.” “It makes sense why price needs to dip,” he detailed, “it also makes sense for price to dip via the perspective of the newly formed Weekly CME Gap.” BTC’s Rally Running Out Of Time? As Daan Crypto Trades pointed out, BTC opened the week with a new CME Gap between $118,297 and $120,035, which was immediately closed on Monday, as the price retraced to the $117,000 mark. Notably, the flagship crypto has been closing its CME Gaps at the start of the week for the past five weeks, “building quite the streak at this point.” To the trader, “the longer this goes on, the more of a self-fulfilling prophecy it will become.” Rekt Capital also highlighted that Bitcoin has entered Week 4 of its second Price Discovery Uptrend, asserting that if BTC confirms a breakout from the weekly bullish flag, then “trend continuation in Price Discovery Uptrend 2 would be achieved.” He warned that the second Uptrend could not last much longer. According to the analyst, the trend continuation could fail in the coming weeks, as the cryptocurrency transitions into the Weeks 5-7 of this phase. It’s worth noting that this cycle’s first Price Discovery uptrend lasted around 6-7 weeks before reaching the local top. As a result, he considers it “would be conservative thus to become increasingly cautious as time goes on,” starting to become “cautiously optimistic” from this week on. As of this writing, Bitcoin is trading at $117,161, a 2.1% decline in the weekly timeframe.

How Much Is a Ton of Gold? Weight, Value, and Real-World Math If you are asking how much a ton of gold is worth, you want clear numbers, not fluff. A ton of gold is small in volume, enormous in weight, and worth tens of millions of dollars. This guide breaks down the units, the conversions to troy ounces, the value math by spot price, and the practical realities like premiums, spreads, custody, and storage. By the end, you will know the exact steps to calculate the ton of gold value and how to sanity-check any jaw-dropping claim you see in the headlines. Start Here: Which Ton Do You Mean? Gold pricing uses troy ounces, and the answer to how much a ton of gold is worth depends on which ton you choose. There are three common tons, each producing a different total in troy ounces. Metric ton: 1,000 kilograms, about 32,150.7466 troy ounces. Short ton: 2,000 pounds (U.S.), about 29,166.6667 troy ounces. Long ton: 2,240 pounds (U.K.), about 32,666.6667 troy ounces. Mix these up and your estimate moves by millions. Always define the unit first, then do the conversion. That single habit prevents the most common mistake people make with gold math. Why Gold Uses Troy Ounces, Not Kitchen Ounces The precious-metals market runs on the troy system. One troy ounce is about 31.103 grams; the everyday avoirdupois ounce you see in the kitchen is about 28.35 grams. That gap is why a one-ounce gold coin feels heavier than expected. If you value a ton using kitchen ounces, the calculation falls apart. Keep your numbers in troy ounces and the math stays clean. How Much Is a Ton of Gold Worth? The Core Formula The formula is simple: troy ounces in your chosen ton multiplied by the gold spot price per troy ounce. The spot price moves minute by minute, so your answer floats with the market. Here is a clear illustration using an example spot price of 2,400 dollars per troy ounce. This is an example only. Metric ton: 32,150.7466 oz × 2,400 ≈ 77.16 million dollars. Short ton: 29,166.6667 oz × 2,400 = 70.00 million dollars. Long ton: 32,666.6667 oz × 2,400 ≈ 78.40 million dollars. Quick mental shortcut: for each 100-dollar change in gold price, a metric ton’s value shifts by roughly 3.215 million dollars; a short ton by about 2.917 million; a long ton by about 3.267 million. Quick Calculator: Ton of Gold Value by Spot Price Plug in any spot price and multiply. For fast estimates, use these samples as reference points: At 2,100 dollars: metric ton ≈ 67.52 million; short ton ≈ 61.25 million; long ton ≈ 68.60 million. At 2,300 dollars: metric ton ≈ 73.95 million; short ton ≈ 67.08 million; long ton ≈ 75.13 million. At 2,500 dollars: metric ton ≈ 80.38 million; short ton ≈ 72.92 million; long ton ≈ 81.67 million. These are illustrations only. Your real number equals ounces times the live price when you check. What a Ton of Gold Looks Like in the Real World Gold’s density is about 19.32 grams per cubic centimeter, so it packs immense weight into a compact space. A metric ton of gold forms a tidy cube roughly 14.7 inches per side. A short-ton cube is about 14.2 inches; a long-ton cube roughly 14.75 inches. Think small footstool, not shipping container. That compact mass is exactly why a single pallet can represent life-changing sums. Institutions store gold mainly as Good Delivery bars weighing about 400 troy ounces each. Converting tons to bars helps you visualize the scale: Metric ton: about 80 bars. Short ton: about 73 bars. Long ton: about 82 bars. Each bar weighs around 27 pounds, awkward but liftable with two hands. Stack dozens, and you will want a cart or a pallet jack. How to Store a Ton of Gold: The Unromantic Truth Professional vaulting is standard because it provides controlled access, 24/7 monitoring, bar-number tracking, insurance, and chain-of-custody documentation. Break that chain and a future buyer can require re-assay, which costs time and money. Keep bars in a recognized facility and you preserve liquidity when it is time to sell. Premiums, Spreads, and the Price You Actually Pay or Receive The number you see on a price chart is not necessarily the number on your invoice or check. Coins and small bars carry premiums above spot for minting, packaging, and distribution. Larger bars typically trade closer to spot, but buyers still apply a bid-ask spread and may insist on assays or delivery to specific vaults. Do not forget transportation, insurance, and storage. Those logistics costs are ordinary in large metal transactions; plan for them so your totals stay realistic. Coins vs. Bars: Form Changes the Fine Print Gold is gold, but the form changes your day-to-day experience. A ton in one-ounce coins offers flexible resale in small pieces but can cost more upfront because of higher premiums. A ton in 400-ounce bars generally tracks spot more closely and moves efficiently in professional markets, but it requires recognized custody and less flexible lot sizes when you want to sell a small amount. Decide based on how you expect to exit later, not just how you plan to buy today. Price Drivers That Move Your Ton of Gold Value Several forces push and pull on the gold price you plug into the equation. No single driver dominates all the time, but these are the usual levers: Real interest rates: Lower real yields tend to support gold; higher real yields can pressure it. U.S. dollar strength: A rising dollar often weighs on gold prices; a weakening dollar can provide a tailwind. Inflation expectations: Persistent inflation fears can shift demand toward hard assets. Geopolitics and market stress: Conflict, sanctions, and financial instability raise safe-haven demand. Central-bank activity: Large official-sector purchases or sales can move demand in blocks. Investment flows: ETFs and futures can amplify price moves with inflows and outflows. Jewelry and industrial demand: Seasonal and regional trends add steady background demand. Mining supply and recycling: New production and scrap supply set the long-term backdrop. Common Errors That Break the Math Small slips add up to big dollars at this scale. Avoid these pitfalls: Confusing tons: Metric, short, and long tons are not interchangeable. Using kitchen ounces: Always convert to troy ounces. Ignoring premiums and spreads: The chart price is not your personal transaction price. Forgetting logistics: Transport, insurance, and custody are part of the real cost. Rounding too aggressively: At tens of millions, loose rounding can equal hundreds of thousands. A Five-Step Checklist for Fast, Accurate Valuation Use this repeatable process any time someone mentions tons of gold. It keeps you precise and calm: Step 1: Choose the ton type and write it down. Step 2: Convert to troy ounces using the correct factor. Step 3: Multiply by the current spot price per troy ounce. Step 4: Adjust for reality by adding premiums, subtracting spreads, and including shipping and insurance. Step 5: If bars are involved, estimate count and storage requirements. How a Ton of Gold Compares to Everyday Objects A metric-ton cube of gold at roughly 14.7 inches per side holds about 51.8 liters. That is a little more than two office water-cooler jugs in volume. It could fit in a stout, purpose-built safe, yet it weighs about as much as a mid-size car. Small footprint, enormous mass. That mental picture helps explain why professionals use forklifts and pallet jacks instead of bravado. Three Scenarios You Can Run at Home Swap in the live spot price and you have an instant estimate. Here are three clean, round-number examples for practice: Scenario A, metric ton at 2,100 dollars: 32,150.7466 oz × 2,100 ≈ 67.52 million. Add about 1 percent for bars and insured transport, plus vault fees, and you are above 68 million delivered. Scenario B, short ton at 2,500 dollars: 29,166.6667 oz × 2,500 = 72.92 million. Selling into a 0.5 percent bid spread trims roughly 365,000 dollars. Scenario C, long ton at 2,300 dollars: 32,666.6667 oz × 2,300 ≈ 75.13 million. Converting much of it into small coins may add several percentage points of premiums. These are not predictions. They are templates. Update the price, rerun the math, and you have a current answer in seconds. When People Say Tons of Gold, Test the Claim Talking about a ton of gold turns an abstract price chart into something concrete. If a headline shouts that a buyer moved several tons, you can translate that into bars, volume, custody needs, and tens or hundreds of millions of dollars. If the story ignores those realities, your built-in smell test will catch it. How Much Is a Ton of Gold? The Bottom Line To value a ton of gold, define the ton, convert to troy ounces, multiply by the spot price, and then adjust for premiums, spreads, and logistics. The cube is compact, the weight is massive, and the dollar value sits in the tens of millions at typical price levels. Use the five-step checklist, avoid the common errors, and you will always have a dependable answer to how much a ton of gold is worth. Conclusion How much is a ton of gold? Now you can answer with confidence. A metric ton, short ton, or long ton converts to a specific number of troy ounces, and value equals ounces times the current price per ounce. After that, real-world premiums, spreads, transport, insurance, and storage refine the final figure. Keep the units straight, respect the logistics, and run the math carefully. That is the reliable way to value a ton of gold today and any day the market moves. The post How Much is a Ton of Gold? first appeared on American Bullion.

Ethereum price struggled to continue higher above the $3,940 zone. ETH is now consolidating gains and might soon aim for a move toward $4,000. Ethereum started a fresh increase above the $3,840 and $3,880 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,725 zone in the near term. Ethereum Price Holds Support Ethereum price struggled to extend gains above the $3,940 level, like Bitcoin. ETH price started a downside correction from the $3,939 high and traded below $3,900. The price traded below the $3,820 support level and settled below the 23.6% Fib retracement level of the upward move from the $3,515 swing low to the $3,939 high. Moreover, there is a bearish trend line forming with resistance at $3,840 on the hourly chart of ETH/USD. However, the price is steady above the $3,720 support and the 50% Fib retracement level of the upward move from the $3,515 swing low to the $3,939 high. Ethereum price is now trading above $3,800 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,840 level. The next key resistance is near the $3,880 level. The first major resistance is near the $3,940 level. A clear move above the $3,940 resistance might send the price toward the $3,965 resistance. An upside break above the $3,965 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 $4,120 in the near term. Another Drop In ETH? If Ethereum fails to clear the $3,840 resistance, it could start a downside correction. Initial support on the downside is near the $3,720 level. The first major support sits near the $3,680 zone. A clear move below the $3,680 support might push the price toward the $3,650 support. Any more losses might send the price toward the $3,550 support level in the near term. The next key support sits at $3,420. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,720 Major Resistance Level – $3,840

Data shows the Bitcoin Coinbase Premium Gap recently broke its longest ever streak of positive values. Here’s what this could mean for the market. Bitcoin Coinbase Premium Gap Turned Negative Recently In a new post on X, CryptoQuant community analyst Maartunn has talked about the recent trend in the Bitcoin Coinbase Premium Gap. The “Coinbase Premium Gap” refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair). The former cryptocurrency exchange is primarily used by US-based investors, especially large institutional entities. The latter, on the other hand, has a global userbase. As such, the Coinbase Premium Gap essentially tells us about how the buying or selling behaviors differ between the American and foreign whales. When the value of the metric is positive, it means the cryptocurrency is listed for a higher price on Coinbase than Binance. Such a trend implies buying pressure is stronger (or selling pressure is weaker) on the former as compared to the latter. On the other hand, the indicator having a negative value implies Binance is the platform observing a net higher accumulation as its users have pushed BTC to a higher value than on Coinbase. Now, here is a chart that shows the trend in the 30-hour moving average (MA) of the Bitcoin Coinbase Premium Gap over the past year and a half: As displayed in the above graph, the 30-hour MA Bitcoin Coinbase Premium Gap has mostly held a positive value for a while now, indicating that Coinbase users have been buying. This accumulation was so consistent earlier that it managed to reach a streak of 94 days, but recently, a dip into the negative territory finally broke it. “This was the longest streak in history,” notes the analyst. Since the start of 2024, US institutional investors have generally played a driving role in the market, with the price often showing correlation to the Coinbase Premium Gap. Given this pattern, a pivot to selling from this group can naturally be a bearish sign for Bitcoin. The chart shared by Maartunn shows more of a long-term view of the indicator. So, here is another graph, this one from CryptoQuant author IT Tech, that shows how the metric’s fluctuations have looked on a higher resolution over the past month: From the chart, it’s apparent that the metric has seen multiple drops into the negative zone recently, with the latest one coming during the past day. “The demand in the US Market is weakening,” says the analyst. “Caution is necessary.” BTC Price Bitcoin has been unable to find a direction as its price is still floating around $117,700.

Bitcoin price is still holding the $117,250 support zone. BTC is consolidating and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a downside correction from the $120,000 zone. The price is trading below $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,600 resistance zone. Bitcoin Price Stays Above Support Bitcoin price started a fresh increase above the $118,000 zone. BTC climbed above the $118,500 and $118,800 resistance levels to move into a positive zone. The bulls were able to push the price above the $119,500 resistance. A high was formed at $119,796 and the pair is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. Bitcoin is now trading below $118,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $118,500 level. There is also a bearish trend line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair. The first key resistance is near the $119,250 level. The next resistance could be $119,800. A close above the $119,800 resistance might send the price further higher. In the stated case, the price could rise and test the $120,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Downside Break In BTC? If Bitcoin fails to rise above the $118,600 resistance zone, it could start another decline. Immediate support is near the $117,250 level or the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. The first major support is near the $116,650 level. The next support is now near the $115,950 zone. Any more losses might send the price toward the $114,500 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 losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $117,250, followed by $116,650. Major Resistance Levels – $118,600 and $119,800.

Global interest in stablecoins has hit unprecedented levels, with Google searches for the term “stablecoins” reaching an all-time high in July 2025. This spike follows the recent passage of the Guiding and Empowering Nation’s Innovation for US Stablecoins (GENIUS) Act on July 18, signaling a pivotal shift in regulatory clarity and institutional confidence in the sector. Google Data: Parabolic Growth and Market Dominance Data from Coingecko shows that the stablecoin market cap now stands at $272 billion, representing roughly 7% of the total cryptocurrency market. U.S. dollar-pegged stablecoins account for about 98% of this total, with Tether maintaining its dominance at 60%. In the meantime, as stablecoin activity increases, the Bitcoin price trends to the upside as seen on the chart below. Bitwise Asset Management reported record-breaking stablecoin transactions and issuance across 2025, prompting crypto analysts to call the market’s trajectory “parabolic.” Ethereum-based firm SharpLink summed up the sentiment in a viral post: “You can’t spell ‘stablecoins’ without ‘parabolic.'” GENIUS Act Sparks Institutional Adoption The GENIUS Act, hailed for providing much-needed regulatory structure, has ignited a wave of interest from both retail users and financial institutions. Companies like Interactive Brokers and Robinhood have launched or explored their own stablecoins, aiming to offer 24/7 funding, faster settlements, and increased user engagement. Nassar Al Achkar, Chief Strategy Officer at CoinW exchange, explained that stablecoins are emerging as a “hedge against crypto volatility” and a valuable tool for cross-border payments. “Institutions are entering the space not just for innovation, but for safer investor options,” he added. Stablecoins’ Speculation Set to Change to Foundation The surge in search interest, as measured by Google, and market activity shows a significant transformation in how stablecoins are perceived, from speculative digital assets to foundational elements in global finance. While challenges remain, particularly around reserve backing and regulatory harmonization, the GENIUS Act appears to have laid the groundwork for a stablecoin-driven financial future. As adoption continues to rise, according to Google data, stablecoins are increasingly positioned beyond being crypto tools, becoming building blocks of the next generation financial infrastructure. Cover image from Unsplash, chart from Tradingview

Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by fresh capital inflows – not a rotation out of Bitcoin (BTC), as some have suggested. ETH Rally Driven By Fresh Capital According to a CryptoQuant Quicktake post by contributor Carmelo Aleman, claims that ETH’s current rally is a result of capital rotation from Bitcoin to Ethereum are unfounded. Aleman references on-chain data – especially the Bitcoin Realized Cap – to explain his analysis. For the uninitiated, Bitcoin’s Realized Cap measures the total value of all BTC in circulation based on the price at which each coin last moved on-chain, rather than the current market price. It provides a more accurate view of actual capital invested in Bitcoin, helping identify accumulation or distribution trends over time. Aleman shared the following chart showing that, as of July 25 at 11 AM UTC, Bitcoin reached a new all-time high (ATH) in Realized Cap at $1.018 trillion. This increase strongly suggests that capital remains flowing into Bitcoin – not out of it. In fact, Bitcoin’s Realized Cap has continued to rise, albeit gradually, even as Ethereum gained bullish momentum. Aleman explains that brief pauses in BTC price action typically align with phases of capital accumulation, which have historically preceded major rallies. Further, Aleman remarked that ETH is simply benefitting from the strong growth prospects of the Ethereum ecosystem. July witnessed a significant surge in interest in the ETH ecosystem, which reflected in the steep rise in price of the digital asset. Ethereum Network Seeing Returning Interest Multiple metrics reinforce the view that new capital is entering the Ethereum ecosystem. For example, data from DefiLlama shows that the Total Value Locked (TVL) in Ethereum’s decentralized finance (DeFi) platforms has risen significantly – from $49 billion on April 29 to $84.6 billion by July 29. Additional on-chain metrics point to a similar trend. According to etherscan.io, daily transactions on the Ethereum network have been climbing steadily, with nearly 1.48 million transactions recorded on July 27 alone. There’s also growing speculation that Ethereum’s declining circulating supply is contributing to upward price pressure. Over the past month, ETH reserves on centralized exchanges have dropped by one million coins, supporting the narrative of a developing “supply crunch.” Adding to that, Ethereum liquid staking recently reached a new record high, with 35.5 million ETH now locked in liquid staking protocols. At press time, ETH trades at $3,772, down 1% in the past 24 hours.

Rakbank, officially known as the National Bank of Ras Al Khaimah, has set a notable precedent in the UAE by becoming the first conventional bank in the country to offer crypto trading services to retail customers. This move highlights a significant shift in the banking sector within the region, reflecting the increasing integration of cryptocurrencies into traditional finance. Rakbank’s customers can now directly engage in crypto transactions via the bank’s mobile banking app, accessing services such as buying, selling, and swapping cryptocurrencies directly from their UAE dirham accounts. Efficient Access to Crypto Assets In a carefully structured partnership, Rakbank collaborated with Bitpanda, a renowned global digital asset platform regulated by Dubai’s Virtual Assets Regulatory Authority (VARA). Through Bitpanda’s regional entity, Bitpanda Broker MENA DMCC, Rakbank has integrated crypto trading capabilities into its existing digital banking framework. The cooperation ensures transactions are efficiently executed in AED, removing common obstacles such as foreign exchange fees and complicated transfer procedures. With Rakbank’s newly launched crypto brokerage service, customers avoid many hurdles traditionally associated with crypto exchanges. Users transact directly through their Rakbank savings or current accounts, bypassing lengthy onboarding and fund transfer processes typical of standalone crypto trading platforms. This arrangement significantly streamlines the crypto experience, making it accessible to a broader range of customers by reducing complexity and enhancing convenience. Raheel Ahmed, Rakbank’s Group CEO, highlighted the strategic importance of this launch, stating that it aligns closely with the bank’s mission of digital innovation complemented by a human touch. Ahmed also emphasized that the integration with Bitpanda allows Rakbank to provide customers a regulated, simplified, and secure path into digital asset trading. Ahmed added: We recognize the opportunity this solution will provide to customers in the UAE, as we believe they deserve a more efficient and seamless crypto buying, selling and swapping journey that is fully regulated and entirely in AED. A Regulatory Milestone for UAE Banking The collaboration between Rakbank and Bitpanda signifies a pivotal moment for regulatory advancement in digital asset adoption within the UAE’s banking industry. Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, noted the significance of this partnership, describing it as a critical step toward establishing crypto services in a regulated, straightforward, and trustworthy manner. He expressed that integrating digital asset capabilities into established banks is representative of the future landscape of finance, marked by compliance and customer-centric simplicity. Initially, access to Rakbank’s crypto services is being offered on an invitation-only basis, with plans for a gradual rollout to a broader customer base in the forthcoming months. Featured image created with DALL-E, Chart from TradingView

PayPal has officially rolled out its “Pay with Crypto” feature, allowing U.S.-based merchants to accept payments in over 100 cryptocurrencies. From Bitcoin and Ethereum to stablecoins like USDT, USDC, and XRP, the platform aims to streamline international commerce with lower fees and faster settlements. Merchants can now accept crypto payments from wallets like MetaMask, Coinbase, Kraken, and Binance, with all transactions instantly converted to either U.S. dollars or PayPal’s own stablecoin, PYUSD. This means businesses no longer need to manage wallets or worry about crypto price volatility. With a competitive transaction fee of just 0.99%, PayPal is in line to be a more affordable alternative to traditional credit card processing, which often exceeds 2%. Bridging Wallets and Reducing Barriers for Merchants According to PayPal CEO Alex Chriss, this move targets a $3 trillion crypto market and more than 650 million global crypto users. “We’re removing barriers for global growth,” Chriss said, emphasizing the feature’s ability to connect merchants with buyers worldwide. The system provides near-instant fund access and offers merchants up to 4% in annual rewards when they hold PYUSD balances within the platform. This built-in incentive adds an investment dimension to the tool, enhancing business profitability. The launch also aligns with the expansion of PayPal World, a global partnership unifying the world’s top digital wallets. Crypto Momentum to Meet Real-World Utility The launch of “Pay with Crypto” marks another step in crypto’s mainstream adoption. With support for 100+ tokens and direct integration with leading wallets, PayPal is simplifying what has long been a complex and expensive process: cross-border payments. As global regulatory adopts crypto, PayPal’s initiative may serve as a blueprint for how fintech companies can drive innovation while supporting small and mid-sized enterprises in the digital economy. Whether it’s a shopper in Guatemala buying from a seller in Oklahoma or a global brand expanding reach, crypto payments via PayPal are set to reimagine global e-commerce. Cover image from ChatGPT, BTCUSD chart from Tradingview

Cardano’s founder Charles Hoskinson says Bitcoin wasn’t the only story in crypto’s early days. In the last 12 months, ADA climbed 90%, leaving Bitcoin’s 70% gain behind. He argues that this gap isn’t new—it’s been widening ever since Cardano switched hundreds of millions of dollars’ worth of BTC into building its own network. Cardano Vs. Bitcoin Returns According to interviews with Blockworks co‑founder Jason Yanowitz, Cardano’s early backers traded yen contributions into 108,000 BTC. That stash would be worth about nearly $13 billion today if it had just sat there. Instead, those coins went straight into building Cardano’s network. Based on reports, ADA’s market cap now sits at $30 billion—about 150% higher than the value of the Bitcoin reserve and roughly 2.8 times as much. Since launch, ADA has jumped nearly 4,000% from its $0.02 debut in September 2017. Bitcoin has rallied 2,400% from a $4,337 price point in that same stretch. Many investors see those raw numbers and wonder whether they should have picked ADA over BTC from the start. They lay out a clear record of gains. Yet gains aren’t the full picture. Each network serves a different purpose. Bitcoin leans on being a store of value. Cardano mixes staking, smart contracts and on‑chain governance. Future Growth Prospects Hoskinson isn’t stopping at history. He predicts Bitcoin could still make a 10× move to reach $1 million per coin. ADA, by his math, could expand 100× to 1,000×. That puts Cardano’s potential market cap in the $2.8 trillion to $28 trillion range. He points to projects like Midnight, which aims to bring data privacy to blockchains, and to Cardano’s role as a possible “DeFi layer” for Bitcoin. Those are the levers he says can drive the next big leg up. That vision carries plenty of risk. Blockchains often launch big ideas that take time—or never—find their footing. And pushing ADA to a multitrillion‑dollar valuation would demand major real‑world use, plus a flood of new users and developers. Even a 100× gain would redraw the charts, let alone 1,000×. A Balanced Take ADA’s run has been impressive. It’s clear that building a living network, rather than simply holding coins, can pay off. But calling ADA “significantly better” than BTC turns on much more than past returns. It hinges on successful rollouts, deep user engagement, and fresh use cases that catch fire. Whether Cardano will rewrite blockchain history remains to be seen. For now, investors can look at the numbers, weigh the risks, and decide if they want a piece of a project that bets on being more than just money. Featured image from Unsplash, chart from TradingView

Ramaco Resources (NASDAQ: METC, METCB) announced Tuesday that the Brook mine has received a second 5-year mine permit approval from the Land Quality Division of the Wyoming Department of Environmental Quality. The Brook mine is now fully permitted, the company said, adding that it is authorized to continue coal mining and reclamation activities across a total of 4,548.8 permitted acres north of Sheridan. The Brook mine holds what is believed to be the nation’s largest unconventional deposit of rare earth elements and critical minerals sourced from coal and carbonaceous ore. Rare earths are essential elements to realizing an electrified economy, and crucial to producing heavy magnets that power EVs. There is only one active mine for magnetic REEs in the United States, Mountain Pass in California. Meanwhile, China has come to control 91% of refining activity, 87% of oxide separation and 94% of magnet production. On July 11, coal miners, industry stakeholders, and local, state, federal officials commemorated the opening of the Brook Mine Carbon Ore Rare Earth project, the first new rare earth mine in the United States in more than 70 years and first new coal mine in Wyoming in over 50 years. The ability to domestically mine and refine rare earths and critical minerals contained in the carbonaceous ore of the Brook Mine represents a strategic milestone in the nation’s efforts to reduce foreign reliance on critical minerals essential to defense, technology, and clean energy, the company said. This month, Ramaco released a preliminary economic assessment that outlined, based upon the current mine plan of a 2 million ton per annum of coal produced that the adjusted EBITDA from the rare earth and critical mineral operation would be $134 million by 2028. Earlier this year, Wyoming Governor Mark Gordon approved a Wyoming Energy Authority recommended $6.1 million Energy Matching Fund grant award to support the construction of a pilot-scale processing facility at the Brook mine. Construction is planned to begin later this year.

Market expert Mark Moss has drawn the crypto community’s attention to an indicator that has perfectly nailed Bitcoin cycle tops. Based on this indicator, the expert revealed that the cycle top is unlikely to happen this year, as other analysts may have predicted. Pi Cycle Top Indicator Reveals Next Bitcoin Cycle Top In an X post, Moss stated that the indicator is predicting a Bitcoin cycle top in the first quarter of 2027, not at the end of this year. He made this comment while describing the Pi Cycle Top indicator as the “Holy Grail” of Bitcoin indicators. The expert noted that the indicator nailed the Bitcoin cycle tops in 2013, 2017, and 2021. Moss admitted that this latest cycle top prediction is hard to believe, as everyone is expecting Bitcoin to peak in the fourth quarter of this year. However, the Pi Cycle Top indicator suggests that the Bitcoin cycle top will occur in Q1 2027 and that the BTC price could reach $395,000 by then. Crypto analyst Rekt Capital also recently alluded to the Pi Cycle Top indicator, noting how it was hinting at a possible cycle extension. He also confirmed that the indicator predicts a Bitcoin cycle top will occur in Q1 2027, with the flagship crypto possibly reaching $400,000. The analyst noted that, based on previous cycles, the Bitcoin cycle top is expected to happen in the fourth quarter of this year. However, the recent BTC rallies have caused the Moving Averages (MA) to shift to higher prices. With these MAs shifting with every Bitcoin rally, Rekt Capital stated that it could take at least until mid-early 2026 before a Pi Cycle Top crossover occurs. However, the analyst advised that it is still important to be cautious about Q4 of this year and possibly develop an exit strategy in case the Bitcoin cycle peaks then. The BTC 4-Year Cycle Is Over In a recent podcast, Bloomberg analyst James Seyffart and Bitwise Chief Investment Officer (CIO) Matt Hougan gave their opinions on whether the 4-year Bitcoin cycle is over. Seyffart stated that he expects the amplitude of these cycles to reduce as more institutional investors enter the BTC ecosystem. Based on his statement, a Bitcoin cycle top might not happen as many expect, as the analyst predicts there won’t be massive drawdowns again with the flagship crypto maturing. On the other hand, the Bitwise CIO opined that the 4-year cycle for BTC is over. He explained that the factors that drove this four-year cycle are now watered down. Meanwhile, there is a growing inflow into Bitcoin, which would continue to drive demand. In line with this, Hougan declared that 2026 will be an up year for Bitcoin. At the time of writing, the Bitcoin price is trading at around $119,000, down in the last 24 hours, according to data from CoinMarketCap.

Log in to today's North American session recap for July 29, 2025. Market flows have been chaotic in the past two weeks of trading, from a renewed selloff in the USD to its ongoing recovery (the DXY still showed a small resistance towards the beginning of the afternoon). This move in the Greenback has largely influenced FX markets, and it is starting to trickle down to risk assets, with some profit-taking in Equities and Cryptocurrencies—watch for the formation of some intermediate tops. The apprehension is comprehensible: The FOMC July Rate Decision is happening tomorrow and Equity Markets are entering a phase of key earnings for Microsoft and Meta after today's close, followed by Apple, Amazon, and Mastercard the day after. The ongoing Earnings season is robust; nevertheless, there is still profit-taking at the highs. It's key to mention that Markets are also getting ready for the Bank of Canada (9:30 A.M. ET and later in the evening Bank of Japan rate decisions (Between 19:00 to 20:00). A bigger theme that seems to be drawing is a sell-the-fact trade relating to the fast-forwarded uptrend in Stocks after the Liberation Day troughs — Are markets regaining anxiety about the actual impact of tariffs despite Trade Deals being reached? Watch the US Dollar for the upcoming weeks. July is concluding with what resembles a shake-up to the financial flows of the first half. Read More: EURUSD selloff deepens as yearly highs fade from viewDaily Cross-Asset performance Cross-Asset Daily Performance, July 29, 2025 – Source: TradingView Metals have held decently after marking some intermediate tops but the Commodities to look at right now are linked to Energy. Oil prices have been rallying consequently since the weekly open and this comes as Markets are starting to fear the consequences of supplemental sanctions on Russian exports. For the rest, US Bonds are making a strong comeback today after rebounding on a key trendline with the 30Y up 1.25%, a rare sight as of late; However Equities are showing a few signs of weakness – You can check our latest US Indices intraday technical analysis to get your levels for the upcoming session. A picture of today's performance for major currencies Currency Performance, July 29 – Source: OANDA Labs Today marks another day of European currencies underperformance against other majors (The NZD isn't doing too great also as of late). The USD had started the day very strongly but has retracted a bit after hitting monthly highs (99.15 top and consolidating around its highs close to 98.90). You can take a look at the JPY also which has overperformed most of the other majors, as a lot of negative talk on its weakness looks to have had some impact (profit-taking?) Earnings Season: Who is releasing their numbers tomorrow Earnings Calendar for July 30th – Source: Nasdaq.com It cannot be emphasized enough how important will tomorrow's session be, between the July FOMC and right after the close, the earnings release for Microsoft and Meta. A look at Economic Data releasing in tomorrow's session For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) The session is not over for AUD Traders which still are awaiting the releases of the Australian Inflation data tonight (21:30 ET). But this will be pale in comparison to the upcoming session: It was mentioned in the introduction but we will get Rate Decisions from the Bank of Canada (9:30 A.M), the FOMC (14:00 ET) and the Bank of Japan later in the evening. By the way, ADP Private Employment data is releasing at 8:15 in the morning but eventual spikes might calm down before the huge sets of events coming after. Safe Trades and good luck for the upcoming session! 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 old XRP tokens have been moving back into circulation recently, a potential sign that long-term holders have been taking profits. XRP Mean Dollar Invested Age Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the XRP network has seen signs of movement from veteran hands. Two key metrics highlight this trend: Mean Dollar Invested Age and Age Consumed. The first of these, the Mean Dollar Invested Age, keeps track of the average age (in days) of every dollar invested into the cryptocurrency. The ‘age’ of a coin or the USD value invested in it is tracked from the point of the coin’s last transaction. For example, if a coin remains dormant for 10 days, it accumulates 10 coin days. If the price at the time of its last movement was $2, then it’s carrying 20 coin-dollar days. The Mean Dollar Invested Age per dollar in this case is, therefore, 10 coin-dollar days. Now, what happens when a coin that has been dormant for some period is finally moved? Both the coin days and coin-dollar days associated to it reset back to zero. In other words, its age is ‘consumed.’ The second indicator of relevance here, the Age Consumed, keeps track of the coin days being destroyed in this manner across the network every day. Below is a chart that shows how the Mean Dollar Invested Age and Age Consumed have changed for XRP over the past year. As is visible in the graph, the XRP Mean Dollar Invested Age has witnessed a decline during the last few weeks, indicating that the average dollar invested into the asset is becoming younger. The indicator’s value has now come down to 593 days, which is 91 days lower compared to one month ago. The Age Consumed has seen some notable spikes alongside this decline, which means that long-term holders have been making moves. The long-term holders refer to the HODLers of the market, who hold for long periods with strong conviction and, in the process, amass a large number of coin days. When these diamond hands finally make moves, the Age Consumed tends to register spikes as large-scale coin days destruction accompanies them. From the chart, it’s apparent that most of the recent large spikes came just as XRP hit its price top. This could be a potential sign that the long-term holders were cashing in on the rally. Since then, the cryptocurrency has plunged. It now remains to be seen whether the Age Consumed would continue to spike in the near future or if the HODLers are done for now. XRP Price At the time of writing, XRP is trading around $3.15, down more than 10% in the last week.

The crypto market is heating up once again as Bitcoin consolidates just below its all-time highs and Ethereum approaches critical resistance near the $4,000 level. Momentum is building across major assets, and volatility is picking up as capital rotates into altcoins. Traders are closely watching for a breakout, with many expecting a decisive move in the coming days. Adding to the intensity, blockchain analytics platform Arkham (ARKM) has revealed that Abraxas Capital—a London-based investment management firm known for its aggressive crypto strategies—is currently down over $100 million on its short positions. Arkham specializes in deanonymizing blockchain transactions and linking them to real-world entities, offering deep insight into the strategies and exposures of major players. With prices steadily climbing, the firm’s unrealized losses are mounting, highlighting the risks of betting against a rising market. This revelation has sparked conversation across the industry, as it not only underscores growing institutional involvement but also reveals the shifting dynamics between smart money and market momentum in this stage of the cycle. Crypto traders now watch closely to see how this unfolds. Abraxas Capital Faces Mounting Losses On $800M Crypto Shorts According to Arkham Intelligence, Abraxas Capital currently holds nearly $800 million in short positions across Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and HYPE on the Hyperliquid platform. Notably, the largest BTC and ETH shorts on Hyperliquid belong to Abraxas, with data revealing a current unrealized loss (uPnL) of approximately $106.3 million on their account. These positions reflect a high-stakes strategy that may serve as a hedge against spot holdings or other long-term crypto exposures. However, this hedge is becoming increasingly costly as market conditions remain bullish. Bitcoin continues to consolidate near all-time highs, and any breakout above the $122K–$123K range could push prices toward the $150K–$160K zone—close to Abraxas’ BTC liquidation level at $156,000. As volatility returns to the market and altcoins start gaining momentum, these leveraged short positions face growing risk. If BTC and ETH break to new highs, unrealized losses on Abraxas’ account could accelerate sharply. While some analysts still expect a market correction, especially given the failure to set new highs in recent weeks, others see the consolidation as a bullish continuation pattern. Bitcoin Consolidates Between Key Levels The 12-hour chart shows Bitcoin locked in a tight range between $115,724 and $122,077, with the price currently trading at $118,497. After a sharp rally earlier in July, BTC has entered a consolidation phase, forming a sideways structure with diminishing volume—a typical sign of market indecision. Despite the lack of breakout, the price remains above all major moving averages: the 50 SMA at $115,943, the 100 SMA at $111,170, and the 200 SMA at $106,348. This alignment supports a bullish trend, with buyers still in control of the broader structure. However, momentum has stalled. Each attempt to break above $122,000 has been met with resistance, while dips toward $116K have been absorbed quickly. The narrowing price action and falling volume suggest a breakout—or breakdown—is approaching. If bulls manage to clear the $122K level with strong volume, a new rally toward all-time highs could follow. On the flip side, a close below $115K would break the structure and potentially trigger a deeper correction. Featured image from Dall-E, chart from TradingView

After the beginning of last week's big push in Altcoins, cryptocurrencies are seeing some kind of retraction from their recent highs. Bitcoin and Ethereum, however, are still consolidating around their relative peaks, underscoring the resilience of the market’s bellwethers. Profit-taking has rippled across smaller tokens, with mid‑cap altcoins sliding 5–10 % as traders lock in gains after their consequent past week rallies. Bitcoin is whipsawing in a tight $115,000–$120,000 band, while Ethereum hovers just below the $3,800 mark, digesting its latest red-hot rally. Meanwhile, heavyweights like Cardano (ADA) and Solana (SOL) have given back their gains a bit more sharply, pressured by rotation into stablecoins and some sell-the-news on the US deals ahead of key economic events. Despite the pullback, liquidity remains robust, and open interest across futures markets holds near record levels. The challenge is now to see if sentiment from the broader market news influences the demand for Cryptocurrencies more positively or negatively. In the meantime, let’s look at technicals for the three most popular cryptos : ETH, BTC and SOL. Read More: JOLTS miss prompts cooling in equity Markets - US Indices intraday analysis This article is a follow-up on the Cryptocurrency article released Friday. Bitcoin, Ethereum and Solana 4H ChartsBitcoin 4H Chart Bitcoin 4H Chart, July 29, 2025 – Source: TradingView Bitcoin is still consolidating in a triangle formation but its 4H 50-Period MA has just passed above the price action and is now becoming resistance. The weekly open wasn't as strong compared to the Ethereum, showing that despite consolidating at its highs, Bitcoin is trading on a less intense relative strength to the Ether than it was in the beginning of 2025. RSI momentum is also turning slightly bearish on short-timeframes, but do not forget that the Bitcoin is trading very near its all-time highs. Track the reactions between $110,000 to $115,000 – A weekly close below that region would be giving more hand to the bears. Keep ETH/BTC in check to get a better view of the appetite for altcoins Support Levels: $115,000 Pivot Zone (+/- $600)Previous ATH Support $110,000 to $112,000$100,000 Major SupportResistance Levels: 4H MA 50 at $118,269$120,000 Resistance (+/- $300)Current ATH Resistance $121,000 to $123,000Potential Resistance between $126,500 to $128,200 (Fib Extensions)Ethereum 4H Chart ETH 4H Chart, July 29, 2025 – Source: TradingView Ethereum's price action is currently consolidating in a triangle formation after hitting some new intermediate highs at $3,944. The action is still slightly tilted upwards, and staying above the Immediate Pivot Zone which would be more bullish than bearish. However, a general look at the market would be needed to confirm this hypothesis: Altcoins are currently getting sold off – Markets are linked, so any rally in the Ether here should pull upwards sentiment. Look at the 4H 50-period MA which just caught up to the price action for immediate relative strength indications. Keep in check any breakout to the upside or downside from here to get a more general view from the market. Support Levels: Immediate Pivot Between $3,700 to $3,7504H MA 50 $3,700$3,500 Support ZoneResistance Levels: $3,880 to $3,940 Resistance Zone$3,944 Intermediate highs$4,090 December 2024 highs$4,870 All-time highsSolana 4H Chart SOL 4H Chart, July 29, 2025 – Source: TradingView The selloff ongoing in Solana represents well the rest of the altcoins – Very strong run but an also strong reversal, Bulls will have to be careful of how they play it to maintain the bullish structure. The 4H RSI is now in bear territory but isn't sloping downwards, usually a sign of lack of seller strength and a sign of consolidation. Watch the $175 Intermediate lows from the end of last week to spot imminent momentum – Staying above holds the intermediate bullish outlook, while passing below will give some hands to the Bears. Support Levels: $175 intermediate lows$150 previous pivot turned supportSupport 2 $140 to $145Resistance Levels: $200 to $205$185 Momentum Pivot and 4H MA 50Resistance 2: 225 to 232Resistance 3: 255 to 265All-time Highs: $295 Safe Trades! 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.