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Following a violent selloff that drove the price of the cryptocurrency from the $82,000 range to $59,000, it is now trying to stabilize. Although Bitcoin has recently risen above $64,000, the larger technical structure is still negative. The recovery from the local bottom established in early July is the most noteworthy development. In the vicinity of the $58,000-$60,000 support area, buyers intervened forcefully, averting a further decline and creating a string of higher lows.
BTC/USDT Chart by TradingViewAfter weeks of weakness, the RSI has recovered above 50, indicating that momentum is progressively improving. But there is still a lot of overhead resistance for Bitcoin. The current price action is directly below the 50-day EMA at $64,800, which has already begun to function as a ceiling.
Beyond that, bulls must overcome a stacked resistance structure created by the 100-day EMA at $68,700 and the 200-day EMA at $74,800 before any significant trend reversal can be confirmed. Additionally, during the recovery, volume has remained comparatively muted, indicating that institutional conviction is still incomplete.
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For the time being, the move is more akin to a relief rally than the start of a new bullish cycle. A move toward $68,000-$70,000 is more likely if Bitcoin can secure a breakout above the 50-day EMA. If this is not achieved, the $60,000 support area may be tested once more.
Dogecoin's active battleWith the asset trading close to $0.073 and displaying few indications of a long-term recovery, Dogecoin is still struggling under intense bearish pressure. The chart clearly shows a months-long downward trend. With the 50-day EMA at roughly $0.084, the 100-day EMA near $0.091, and the 200-day EMA above $0.106, DOGE is still below all major moving averages.
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This alignment demonstrates that the market is still dominated by sellers. Following the recent decline toward $0.071, there was a brief attempt at a rebound, but buyers were unable to muster enough momentum to overcome the surrounding resistance. Earlier this month, the rejection close to the 50-day EMA confirmed the current trend's weakness. The fact that the RSI is still close to 35, which puts DOGE near oversold territory, is one positive sign.
DOGE/USDT Chart by TradingViewThese readings have historically frequently preceded brief relief rallies. However, oversold conditions alone do not guarantee a reversal, particularly when overall market sentiment is still unstable. At $0.070, the crucial support is still present. If that level is lost, DOGE may be subject to additional selling pressure. Bulls must first recover $0.080 on the upside before a more significant recovery can be discussed.
While Dogecoin is still one of the weaker large-cap assets in the market and is still looking for a solid bottom, Bitcoin is currently exhibiting early indications of stabilization.
Shiba Inu bulls aren't in controlShiba Inu is still stuck in a long-term downtrend, and there is little indication from recent price movement that bulls are prepared to take back control. SHIB is currently trading at $0.0000043 after breaking down from a rising wedge formation that formed between March and May, and then entered another leg lower.
The technical picture is still weak. With the 50-day EMA serving as immediate resistance around $0.0000045 and the 100-day and 200-day averages significantly higher, SHIB trades below all major moving averages. Sellers continue to benefit from this stacked bearish structure. The apparent stabilization close to the $0.0000040 support area is one noteworthy development.
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Throughout the past few weeks, buyers have repeatedly defended this level, averting a total collapse. Nevertheless, every attempt at a recovery has resulted in lower highs, indicating a lack of confidence among market participants. During rebounds, volume has also not increased significantly.
This implies that the recent increase is mostly technical rather than the result of new money entering the asset. Despite the slight recovery from local lows, the RSI is still below 40, indicating weak momentum. Bulls must recover the 50-day EMA and establish support above $0.0000045 in order for SHIB to improve its outlook.
The next significant resistance zone, the $0.0000050 region, could be reached with such a move. SHIB continues to be on the defensive until that time. The trend still favors caution over aggressive accumulation, even though the market appears to be looking for a bottom.
Zcash's best performanceAfter its remarkable surge earlier this year, Zcash is still among the best-performing larger-cap altcoins. ZEC has maintained an exceptionally robust technical structure in spite of the considerable volatility brought on by the inflation bug incident and the ensuing market reaction.
With the 50-day EMA close to $464, the 100-day EMA close to $475, and the 200-day EMA close to $392, the asset currently trades above all major moving averages. This alignment shows that long-term buyers are still active and is typically associated with robust uptrends. ZEC spent several weeks consolidating between $380 and $500 after correcting from highs close to $700.
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The consolidation phase may be coming to an end, according to the recent breakout above the 50-day and 100-day moving averages. The crucial $540 resistance level, which has repeatedly rejected advances since June, is now being approached by the price. Moreover, momentum is increasing. With the RSI rising above 60 without entering overbought territory, there is potential for further gains if buying pressure persists. Relative strength is the primary distinction between ZEC and many other altcoins.
Zcash has successfully recovered the major moving averages and is creating a string of higher lows, even though a large portion of the market is still below them. A move toward $600 becomes more likely if buyers are able to surpass $540. The overall structure remains bullish unless ZEC drops back below the $460-$470 support range. Failure to break resistance could lead to another period of consolidation.
12 July 2026 | 15:10 Bitcoin's most aggressive buyers of the bull market have gone quiet at exactly the prices where its oldest valuation model says accumulation historically happens, and the bid they abandoned is being picked up by whales while retail traders position for more downside.
Key Takeaways Treasury company market cap down from $396B to $272B since October 2025; buying nearly halted since May. Whale longs rose around the $58,000 bottom while retail bets on more downside, per Alphractal. Fidelity’s power law chart puts BTC in an accumulation zone, support line near $56,488. Visser’s markers: RSI divergence in, $60,000 entry, 200-day near $76,000 confirms. Data published this week describe the same market from three altitudes: corporate treasury flows, derivatives positioning, and Fidelity’s long-run power law framework. Read together, they show a bottom being contested by completely different hands than the ones that built the top, and one veteran macro voice argues the process has just produced its first technical confirmation.
The Corporate Bid Bought High and Froze Low CryptoQuant analyst Darkfost wrote on X that the cumulative market capitalization of Bitcoin treasury companies has fallen from $396 billion in October 2025 to $272 billion, a loss of more than $100 billion, even as their combined holdings grew from 953,000 BTC to 1.14 million.
📉 The market cap of treasury companies has lost more than $100B since October 2025. Their holdings went from a valuation of $396B to $272B.
Over the same period, the number of BTC held by these companies increased from 953,000 BTC to 1.14 million now.
—> Since May, as BTC… pic.twitter.com/B9yvSaGON7
— Darkfost (@Darkfost_Coc) July 11, 2026
The timing of that growth is the uncomfortable part. The cohort tripled its Bitcoin position between November 2024 and October 2025, buying in a price range of $75,000 to $125,000, and since May, with the market trading far below that range, accumulation has slowed to nearly a halt. Strategy, the sector’s template, has started selling, per the same analysis.
The behavior inverts the thesis these companies sold to their shareholders. Treasury vehicles were pitched as price-insensitive permanent bids, buyers of every dip. The data instead shows procyclical buyers who scaled purchases with access to capital markets, and that access moves with their share prices. Falling equity valuations closed the financing channel that funded the buying, which means the corporate bid was never insensitive to price; it was leveraged to it. The cohort still holds more than 5% of Bitcoin’s supply, but as a source of new demand at these levels, it has effectively left the market.
Whales Filled the Gap at $58,000, and Retail Took the Other Side The bid that appeared where the corporate one vanished shows up in positioning data. Analytics firm Alphractal wrote also on X that its Whale vs. Retail Delta is rising again, meaning large positions have cut short exposure and added longs across the top 250 cryptocurrencies, with Bitcoin’s reading “even stronger than most altcoins.” Around the recent $58,000 bottom, the firm identified a sharp increase in whale long exposure, while smaller positions, the retail cohort, moved the opposite way and are positioned for further downside.
Alphractal heatmap illustrating the divergence between whale and retail positioning across various crypto assets alongside Bitcoin price action. The split matters because of what each group’s track record at extremes looks like. Concentrated long positioning by large accounts at a local low, opposed by retail shorts, is the configuration that has historically marked accumulation phases rather than distribution ones. It is not a guarantee; Alphractal itself frames the open question as whether the whale flows represent conviction or a short-term trade around an oversold level. The honest version of the signal is directional but unproven: the biggest accounts on derivatives venues are treating $58,000 as a level worth owning, and the crowd is paying them funding to disagree.
Fidelity’s Map Says the Fight Is Happening in the Right Place The third dataset supplies the frame the first two lack: where these prices sit in Bitcoin’s full history. Fidelity’s Bitcoin Support and Resistance chart, with data as of July 5, shows BTC trading in what the firm labels an accumulation zone and, in its words, “getting ever closer to its power law support line,” the lower boundary of the channel that has contained every cycle since 2010.
Historical analysis of Bitcoin’s support and resistance levels alongside power law trendlines, as of July 5, 2026. The chart marks recent price near $62,685 against a power law support line near $56,488, with the 52-week Z-score against gold pressing toward the negative extremes that previously appeared at the 2015, 2018-19, and 2022-23 cycle floors.
Power law models deserve their standard caveat: they are curve fits to a young asset’s history, not physical laws, and a first-ever break of the support line could simply mean the model was wrong. What the framework contributes here is not a price target but a classification. Every prior visit to this zone occurred when the marginal buyer had capitulated and ownership was migrating to longer-horizon holders, which is a reasonable description of corporates freezing while whales accumulate.
Visser Sees the First Bottoming Signal Since the Peak Jordi Visser, a macro strategist with more than three decades in institutional finance, put a trader’s structure on the same picture in an interview with Anthony Pompliano, published on July 11, 2026. “I finally got my first RSI divergence since the peak at the end of last year,” Visser said, pointing to Bitcoin printing a new low below $60,000 while the four-hour RSI held above its prior low. His plan is mechanical rather than prophetic: “Now I can buy something when its above 60, and I’ll just stop myself back out below the lows.”
His explanation for the weakness adds the macro layer the positioning data cannot see. Visser argued Bitcoin’s decline was partly a casualty of the AI infrastructure trade, with capital rotating out and Bitcoin serving as a high-beta funding and hedging instrument for investors holding semiconductor exposure. As that trade’s momentum faded and leverage came off, the selling pressure on Bitcoin began to ease, which in his framework is how bottoms start: “Price leads narrative. The first thing that always happens in a bottom is you start getting short covering.”
Visser also read the market’s response to Strategy’s sale, the event at the center of the treasury cohort’s freeze, as evidence of absorption rather than fragility. Bitcoin traded above the level where the sale occurred instead of breaking down on it. “Once you don’t sell off after something like that, it actually is more of a positive than a negative,” he said. His confirmation line sits well overhead at the 200-day moving average around $76,000-77,000: until price reclaims it, he treats the advance as a short-covering rally, not a reversed trend. He allows the range could still stretch to $50,000 or $45,000, while expecting Bitcoin above $100,000 within a year, and flagged the Federal Reserve’s July 29 meeting as a near-term catalyst, arguing that no hike could put Bitcoin above $70,000 as markets price out further tightening.
What Each Actor Has to Prove Next The synthesis across all four reads is a market changing hands rather than finding new ones. The measurable tells from here are specific to each actor. For the treasuries, the number to watch is whether cohort holdings resume growing at all below $65,000, or whether Strategy’s selling spreads to weaker balance sheets forced to liquidate into the low, which could be the bear case the retail shorts are betting on. For the whales, the Alphractal delta staying positive through the next leg, up or down, may separate conviction from a scalp.
The Fidelity support line near $56,500 converts from chart decoration into live test if the $58,000 low breaks. And Visser’s framework adds the two dates and one line that arbitrate everything above: the Fed’s July 29 decision, reclaiming $60,000 as the entry trigger, and the 200-day near $76,000 as the level that could turn a short-covering bounce into a confirmed reversal. A bottom built by whales against corporate paralysis is a narrower foundation than the one that built the top, but it is the foundation the market currently has.
The information provided in this article is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are volatile and involve substantial risk. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
The U.S.-Iran standoff in the Strait of Hormuz is approaching a dangerous tipping point, with military conflicts escalating anew.
US officials stated that the U.S. military conducted multiple strikes on missile and air defense systems at several sites around the Strait of Hormuz, as well as small vessels belonging to the Iranian Revolutionary Guard Corps (IRGC) an hour ago. Officials from Iran’s Qeshm Island confirmed that local time on Sunday afternoon, the enemy launched 10 to 11 missiles at Qeshm Island; all targeted military facilities, and no casualties were reported in the attack. Earlier, Iran announced it had launched an attack on a U.S. missile base in Kuwait. The ATACMS missile system facility at the U.S. military base in Kuwait was struck, with smoke rising at the scene. Meanwhile, Lebanon’s National News Agency (NNA) reported that Israeli artillery carried out additional shelling in southern Lebanon. Two Israeli shells hit Kafr Tibtin town in Nabatieh District, southern Lebanon. The agency added that the attack originated from Israeli military positions in the occupied border area. In addition, Israel also shelled the town of Zawtar al-Sharqiya near Meifadoun.
2 hours ago
Iran launches an attack on the U.S. missile base in Kuwait.
According to Iran's Mehr News Agency, Iran launched an attack on a US missile base in Kuwait. The ATACMS missile system facility at the US military base in Kuwait was struck, with smoke rising at the scene. Iran's president also noted: "We are engaged in a complex economic war, and successfully overcoming this phase requires the active participation of citizens." Israeli Prime Minister Benjamin Netanyahu stated: "Trump hopes to reach an agreement with Iran, particularly on the nuclear issue, but if Iran fails to abide by its commitments, he will not hesitate to use military force."
2 hours ago
A whale has collateralized 1.56 million kHYPE on the HyperlendX platform, borrowing 1.06 million WHYPE.
According to OnchainLens monitoring, a crypto whale deposited approximately $107.21 million in assets on the HyperlendX platform and borrowed around $70.94 million using this deposit as collateral. The address currently holds 1.56 million kHYPE as collateral, has borrowed 1.06 million WHYPE, with a health factor of 1.31, indicating relatively prudent operations. Additionally, the whale has staked 12,305 HPL.
2 hours ago
During the World Cup, high-frequency sports prediction whale swisstony emerged, with its account notching up over 139,000 predictions and generating nearly $20 million in profits.
Data from prediction market platform Predict.fun shows that top high-frequency sports trader swisstony emerged during the 2026 FIFA World Cup (co-hosted by the U.S., Canada, and Mexico). Since entering the market in July 2025, the whale has generated total profits of $18.648 million, with a single largest profit of $1.2 million, having made a total of 139,304 predictions, and its profit curve has been steadily rising. Its World Cup prediction record is impressive: it excels in contrarian trades when popular odds are overvalued, amassing huge profits through high-frequency, small-margin trades. While average per-trade gains are modest, its stable win rate leads to strong cumulative returns. In June, the whale earned around $9.5 million by contrarian betting on popular teams including England, Spain, and Belgium, briefly becoming the platform’s 5th highest-earning user. Currently, swisstony is focusing on the France vs Spain match on July 14 (local time), placing heavy positions across multiple sub-markets for the game. Its core strategy remains making large volumes of "No" predictions—especially for low-probability exact scores—paired with some handicap and over/under bets. The whale consistently ranks at the top of prediction market monthly profit leaderboards, with a single-day profit exceeding $2 million. Analysts believe swisstony likely uses automated tools or real-time data to assist its trading.
2 hours ago
Data: 48% of Nasdaq 100 constituent stocks have corrected over 20% from their respective peaks, while 64% still trade above their 200-day moving average.
In the Nasdaq 100, 48% of constituent stocks have corrected at least 20% from their respective peaks. This proportion has doubled over the past 12 months, but remains lower than the 60% level recorded before the market bottomed at the end of March, and is still short of the extreme 80% hit during the 2022 bear market. Meanwhile, 64% of constituents are still trading above their 200-day moving average, near the year's highest level — a figure that stood at just 38% before the market bottomed on March 30. The rally in the U.S. stock index is increasingly relying on a small number of stocks for support.
2 hours ago
US and South Korean stocks: Monday price preview shows SK Hynix has a potential opening gain of $21, while most US stocks are projected to rise slightly in pre-market trading.
During weekends when traditional markets are closed, Trade.xyz, dubbed the "on-chain Nasdaq", enables continuous trading and real-time price discovery via perpetual contracts—capabilities unavailable in traditional finance—pricing in advance the upcoming Monday's U.S. and South Korean stock market trends. For U.S. stocks, most popular assets on Trade.xyz have edged up slightly from their post-Friday closing prices, with most expected to see minor gains ahead of Monday's trading session. Weekend performance data from BIT (bit.com) shows: Micron (MU) is trading at $981.4, versus $982.982 in U.S. after-hours trading on Friday; SanDisk (SNDK) at $1953.5 vs. $1935; NVIDIA at $211.81 vs. $210.58; Intel at $111.43 vs. $109.6; Google at $358.01 vs. $355.05; AMD at $562.1 vs. $559.9; SpaceX at $145.72 vs. $145.92. For South Korean stocks, popular assets on Trade.xyz posted the following weekend performance, with expectations of a minor gap-up opening on Monday. Data from Bitget shows: Samsung Electronics is trading at $190.8, compared to Friday's closing price of $190; SK Hynix at $1475 vs. $1454.
The United States launched fresh strikes on Iran on Sunday, marking the third military action in a single week, and Tehran has reportedly closed the Strait of Hormuz once again. Yet crypto traders barely lifted an eye. Bitcoin and Ether were little changed in early weekend trading, according to the CoinDesk market update. The absence of a flight to on-chain assets suggests a maturing market that is no longer easily spooked by headline conflict.
The blockade of the world’s most critical oil chokepoint would normally rattle risk assets and send safe-haven bids surging. Instead, Bitcoin hovered near its recent range, and Ether moved less than a percent in either direction. Liquidity remained thin in the weekend offshore session, but the overall posture was calm. That flatness is itself a signal.
Why Crypto Yawned at a Strait of Hormuz Closure Historically, attacks on Iran and threats to Gulf shipping lanes have set off sharp moves across commodities, currencies, and occasionally crypto. The last time Tehran made good on a Hormuz closure, in 2025, Bitcoin spiked 4% in under two hours before pulling back. This time the script flipped. The escalation was already priced into a market that has grown numb to geopolitical whip-saws, and institutional flows that once might have shifted toward Bitcoin in a panic are now driven by structured products and regulated gateways.
Another factor is the dollar. When tensions around the Strait of Hormuz drive oil prices higher, the greenback often strengthens, counterbalancing any flight-to-quality bid for the largest cryptocurrency. With Bitcoin and Ether increasingly trading like large-cap tech proxies, a deflated VIX and steady DXY kept on-chain assets in check despite the military headlines.
Institutional Silence and the New Safe-Haven Question The muted reaction also points to changing ownership structures. Spot ETF flows in the U.S. and Asia have concentrated holdings among funds that rebalance on calendars, not panic. Weekend surveillance from on-chain analysts showed no unusual exchange inflows, no sudden spike in stablecoin minting, and no mass movement of coins from cold wallets to sell-side addresses. If anything, the lack of activity suggests spot holders are largely institutional, and those hands are not for sale on a Sunday morning Iran strike.
That does not mean the risk is gone. A sustained closure of the Strait of Hormuz would disrupt global crude and LNG supplies, pushing inflation higher and forcing central banks to delay rate cuts. In that scenario, long-duration assets—including crypto—would eventually suffer. But traders are not connecting those dots yet, possibly because the latest closure is seen as another brief disruption rather than a permanent shift. The market is waiting to see whether shipping lanes reopen within 48 hours, which has been the pattern in past Hormuz flare-ups.
The Regulatory Context Hanging Over the Market While military action dominated weekend headlines, the crypto market’s attention is also split by domestic policy battles. Just days before this strike, a major crypto bill was in jeopardy in Washington as banking interests attempted to derail it ahead of a Senate vote. That legislative uncertainty acts as a counterweight, keeping capital on the sidelines regardless of geopolitical shocks. When the regulatory path forward is unclear, neither a bombing run nor a chokepoint closure provides enough clarity for a directional bet.
Meanwhile, developer activity across major chains remains robust. The latest top blockchains by developer commits shows continued building, a reminder that short-term price action is increasingly disconnected from network fundamentals. That decoupling is what allows Bitcoin and Ether to absorb geopolitical noise without the violent swings of earlier cycles.
For now, the market appears to be pricing the conflict as a contained event. The key variable is how long the Strait of Hormuz stays closed. A reopening before Monday’s U.S. market open would likely reinforce the narrative of crypto’s resilience. A protracted standoff, on the other hand, would test whether the calm of a weekend can survive a week of risk repricing across bonds, equities, and commodities. Either way, the anemic price response to a third U.S. strike in seven days and a global shipping pinch point closure is a notable evolution in how digital assets absorb the world’s tensions.
AUTHOR
Freelance writer and crypto enthusiast with a focus on Web3, delivering clear and engaging articles. Known for his well-researched articles and insightful analysis, Shayan covers a broad range of topics including market trends, blockchain technology, decentralized finance (DeFi), and emerging crypto projects. His writing aims to educate both beginners and experts, providing clear, engaging content that helps readers stay informed about the fast-evolving crypto space. Shayan's expertise and dedication make him a trusted voice in the blockchain community.
Businessman is holding a bitcoin as part of a business network, Cryptocurrency blockchain connection, Technology and financial investment background concept.
getty
I’m not a perma-bear. I’m not a doomster – and yes, I’ve been calling bitcoin down for a long time now.
And it’s been falling.
I called it up in 2017, 2021, and 2025 – it’s all here on Forbes if you want to check the calls. There I am on the record: a bitcoin bull on the way up and a bear on the way back down again in each case.
I’m not a bitcoin maxi; I’m a bitcoin vari. Buy it when it’s cheap, sell it when it’s expensive. I’m not cherry-picking my calls. I could say bitcoin hasn’t risen since 2024, but I won’t. I could say you would have outperformed gold and the S&P if you had bought in 2023, but I won’t say that either, because accurate hindsight has no value. I’m in the approximate foresight game, and sorry, I still think it’s going down some more.
Here is the chart, which is just another close variant of what I’ve said before. The map to the destination just gets a little clearer as we approach where I expect the bottom to be, which is between $30,000 and $40,000.
It’s not fate, because things can intervene, but it is a high-probability outcome.
The bitcoin chart - are we approaching the bottom?
Credit: ANewFN.com
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There are a lot of headwinds out there for bitcoin, not the least of them being its use by the adversaries of the U.S. Some people get pretty angry when I point that out, but just half an hour of research will uncover skulduggery so breathtaking that it makes me consider how the U.S. might change its permissive attitude towards bitcoin in due course. At the very least, you would think the U.S. will try – and likely succeed – in removing bitcoin’s largest use case: its utility for getting around sanctions and facilitating illicit transactions. Some people deny that’s a thing, but it clearly is. Bomb Iran and pooooff... off goes 25% of the mining hash rate.
Bitcoin, like a CryptoPunk NFT, will never go to zero, but the future could reverse its four-year cycle of appreciation.
Yet first we need to get to the end of this cycle and see how the next one begins.
Iran, North Korea, and the Asian scam-centre slavers will do the future of bitcoin no good, but whether they will permanently damage BTC remains to be seen.
However, if you do not watch out for that sting in the tail, it may well get you.
Businessman is holding a bitcoin as part of a business network, Cryptocurrency blockchain connection, Technology and financial investment background concept.
getty
I’m not a perma-bear. I’m not a doomster – and yes, I’ve been calling bitcoin down for a long time now.
And it’s been falling.
I called it up in 2017, 2021, and 2025 – it’s all here on Forbes if you want to check the calls. There I am on the record: a bitcoin bull on the way up and a bear on the way back down again in each case.
I’m not a bitcoin maxi; I’m a bitcoin vari. Buy it when it’s cheap, sell it when it’s expensive. I’m not cherry-picking my calls. I could say bitcoin hasn’t risen since 2024, but I won’t. I could say you would have outperformed gold and the S&P if you had bought in 2023, but I won’t say that either, because accurate hindsight has no value. I’m in the approximate foresight game, and sorry, I still think it’s going down some more.
Here is the chart, which is just another close variant of what I’ve said before. The map to the destination just gets a little clearer as we approach where I expect the bottom to be, which is between $30,000 and $40,000.
It’s not fate, because things can intervene, but it is a high-probability outcome.
The bitcoin chart - are we approaching the bottom?
Credit: ANewFN.com
MORE FOR YOU
There are a lot of headwinds out there for bitcoin, not the least of them being its use by the adversaries of the U.S. Some people get pretty angry when I point that out, but just half an hour of research will uncover skulduggery so breathtaking that it makes me consider how the U.S. might change its permissive attitude towards bitcoin in due course. At the very least, you would think the U.S. will try – and likely succeed – in removing bitcoin’s largest use case: its utility for getting around sanctions and facilitating illicit transactions. Some people deny that’s a thing, but it clearly is. Bomb Iran and pooooff... off goes 25% of the mining hash rate.
Bitcoin, like a CryptoPunk NFT, will never go to zero, but the future could reverse its four-year cycle of appreciation.
Yet first we need to get to the end of this cycle and see how the next one begins.
Iran, North Korea, and the Asian scam-centre slavers will do the future of bitcoin no good, but whether they will permanently damage BTC remains to be seen.
However, if you do not watch out for that sting in the tail, it may well get you.
The crypto initial public offering market is slowing down in 2026, with four major players in the sector having postponed their IPOs. According to Christian Lopez, blockchain lead at Cohen & Company Capital Markets, investor caution now weighs more than regulation. Will the sector regain public market appetite before 2027?
In brief Payward (Kraken), Consensys, Ledger and Grayscale postponed their IPO plans awaiting a more favorable market. Blockchain.com filed a confidential IPO request in the United States in May 2026. Christian Lopez, from Cohen & Company Capital Markets, anticipates a possible crypto cycle bottom around October 2026. Capital is Turning Away from Crypto IPOs in Favor of AI The crypto initial public offering market is slowing significantly in 2026, as investors redirect their capital towards other technological sectors.
Christian Lopez, blockchain and digital assets lead at Cohen & Company Capital Markets, places the turning point last October when a liquidity event drained part of the ecosystem’s capital. Retail investors, traditional drivers of the crypto market, have since massively turned to artificial intelligence.
This rotation then extended to the most prized technology stocks, notably the shares of the seven giants of the sector grouped under the Mag 7 label. More recently, however, even these AI-linked stocks have suffered significant corrections, a sign of a new portfolio reallocation.
Several companies were expecting a prosperous year after the successful listings of Circle (CRCL) and Bullish (BLSH), the parent company of CoinDesk. The weakness of the markets and the disappointing performance of BitGo (BTGO) after its IPO have since dampened this optimism, a finding Lopez shared with CoinDesk.
Blockchain Advances Despite the Slowdown Macro-economic uncertainty amplifies investor caution. Expectations regarding interest rates and global deleveraging, notably recent interventions by the Bank of Japan to support the yen, weigh on appetite for high beta assets like cryptos. Lopez believes the market might not significantly reopen to crypto listings before 2027, with a cycle bottom expected around October.
Despite this slowdown, blockchain technology continues to gain ground in traditional finance. Morgan Stanley, Nasdaq, and the New York Stock Exchange are developing a settlement infrastructure via tokenization, while the sector moves towards near-instant settlement, from T+1 to T+0.
The OpenUSD network, which already brings together more than 140 financial institutions around a stablecoin infrastructure, illustrates this dynamic. According to Lopez, the long-term winners will be blockchain infrastructure providers rather than companies built around a single token, knowing that many small cryptos are already struggling to raise funds in private markets.
In short, the slowdown of crypto IPOs reflects less a regulatory issue than an overall tightening of capital access. The rotation towards AI, uncertainty over interest rates, and the expectation of a bottom around October form a common movement of caution among investors.
Bitcoin, ether and solana are expected to remain benchmark assets, while thousands of smaller tokens risk disappearing within three to five years. A selection process that could reshape the crypto landscape permanently.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
The number of companies building physical infrastructure for AI has increased by 187% over the past 12 months. It reflects a genuine land grab happening at the intersection of two industries that, until recently, seemed to exist in parallel universes: artificial intelligence and cryptocurrency mining.
Bitcoin miners find their second act The pivot from mining Bitcoin to hosting AI workloads has been nothing short of dramatic for several publicly traded crypto miners. Hut 8, one of the more recognizable names in North American Bitcoin mining, saw its stock climb roughly 211% over the past year. Several peers in the space have posted gains ranging from triple digits to as high as 800%.
TeraWulf may have made the splashiest move of all, signing a $19 billion AI data center contract with Anthropic, the company behind the Claude AI model. Cipher Mining, trading under the ticker CIFR, and Hut 8 (HUT) have both leaned hard into the AI infrastructure narrative. The physical infrastructure is remarkably transferable: Bitcoin mining requires massive amounts of electricity, industrial-scale cooling systems, and facilities designed to run 24/7 without interruption. AI model training and inference require exactly the same things.
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The numbers behind the gold rush Analysts at Compass Point have flagged something interesting about the valuation gap in this space. Several AI infrastructure stocks, including TeraWulf, may actually be trading below the implied value of the AI contracts they’ve already signed.
Some stocks in the sector have surged by over 493% in 12 months. Lumentum, which makes optical networking components critical to data center connectivity, has seen its stock increase by over 1,000% on the back of AI-driven demand.
Hyperscalers — the Microsofts, Amazons, Googles, and Metas of the world — are projected to invest roughly $700 billion in AI-related infrastructure by 2026. That figure represents a cumulative estimate across major players, and it creates a massive downstream demand for exactly the kind of physical capacity these infrastructure companies provide.
Why crypto investors should pay attention Bitcoin mining has always been a brutally cyclical business. Margins expand during bull runs and compress violently during downturns, especially after halving events that cut block rewards in half. AI data center contracts, by contrast, tend to be long-term agreements with predictable revenue streams. For companies like TeraWulf, a $19 billion contract with Anthropic provides the kind of earnings visibility that Bitcoin mining simply cannot.
Many are running dual operations, maintaining their mining rigs while simultaneously building out AI capacity. The risk is execution. Converting mining facilities to AI-grade data centers isn’t trivial. AI workloads demand different networking configurations, higher-density power delivery, and more sophisticated cooling solutions than Bitcoin mining.
There’s also the question of competition. As the 187% increase in AI infrastructure companies suggests, the field is getting crowded fast. Traditional data center operators like Equinix and Digital Realty have decades of operational expertise and established relationships with enterprise customers. Bitcoin miners entering the space are essentially arguing that their cost advantages on power and real estate can offset their relative inexperience in enterprise data center operations.
The Compass Point analysis offers a useful framework: if AI infrastructure stocks are genuinely trading below the value of their signed contracts, that gap represents either a buying opportunity or a market signal that execution risk is being priced in more heavily than the headline numbers suggest. An investor who bought Hut 8 a year ago for Bitcoin exposure has, perhaps inadvertently, become an AI infrastructure investor.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Top Democrats Slam Trump Over Crypto Engagement Bitcoin (BTC)
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Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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Bitcoin price remains constructive as it trades around $62,000 to $63,000, while Trump and crypto legislation continue to shape market expectations. Daily price action has been relatively calm, but developments in Washington could influence sentiment over the coming sessions. While volatility has eased, traders are watching whether policy headlines begin to outweigh macro drivers.
Five senior Senate Democrats publicly criticized President Donald Trump growing ties to the crypto industry. Elizabeth Warren, Richard Blumenthal, Gary Peters, Dick Durbin, and Ron Wyden argued that Trump’s reported crypto-related financial interests raise fresh conflict of interest concerns. They said those disclosures deserve closer scrutiny as Congress advances digital asset legislation.
JUST IN: Rep. James Comer warns Democrats will investigate & “harass” Trump if they retake the House.
— Polymarket (@Polymarket) July 9, 2026 Meanwhile, lawmakers are still negotiating key pieces of crypto legislation. Senate leaders have yet to release the final text of a broader market structure bill, while several policy issues remain unresolved. In the House, disagreements over unrelated measures have also slowed momentum, making the legislative timetable less certain.
Even so, markets have largely priced in expectations for regulatory progress. Investors continue watching for stablecoin legislation and a clearer market structure framework, both viewed as long-term positives for the industry. However, any meaningful delay could remove one of Bitcoin’s strongest near-term catalysts and leave prices more dependent on macroeconomic and liquidity trends.
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Can Bitcoin Reclaim $73,000 With Trump Crypto Headwinds Building?Bitcoin climbed more than 6% this week, briefly trading around the $63,000 to $64,000 range before easing slightly. That leaves the recent breakout zone under the spotlight rather than in the rearview mirror. As long as buyers defend roughly $61,000 to $62,000, the trend stays constructive. Lose that area, and the market could suddenly remember where the exit is.
Market activity remains healthy, with daily crypto trading volume hovering around $80 billion. Bitcoin dominance is holding above 58%, showing that larger investors still prefer the market’s heavyweight instead of chasing every shiny new token. Meanwhile, Ethereum has outperformed on the week, while Solana continues to trade sideways, waiting for a reason to wake up.
The bullish case is straightforward. If lawmakers make tangible progress on digital asset legislation, Bitcoin could challenge the $65,000 region and test higher resistance. The market has a habit of reacting first and asking questions later when regulation turns friendlier.
The base case is less dramatic. Political wrangling could drag on without derailing the legislation, leaving Bitcoin stuck between roughly $61,000 and $65,000 for the next few weeks. It may not be exciting, but markets often spend more time catching their breath than sprinting.
The bearish scenario hinges on politics rather than charts. If bipartisan support fades and the legislation becomes another partisan battleground, sentiment could cool quickly. In that case, Bitcoin may revisit the upper $50,000s, where buyers would likely get another chance to prove they still mean business.
Discover: The Best Crypto to Diversify Your Portfolio
Maxi Doge Targets Early-Mover Upside as Bitcoin Tests Key LevelsTraders positioned in large-caps at current levels are essentially buying a policy lottery ticket, meaningful upside if the bill clears, limited near-term edge if it stalls. For traders who’ve already rotated profits from the BTC spike and are hunting asymmetric setups, the early-stage presale market is where that calculus shifts.
Maxi Doge ($MAXI) is a meme token built on Ethereum around a 240-lb canine mascot and a blunt trading philosophy, 1000x leverage mentality, gym-bro culture, and holder-only trading competitions with leaderboard rewards. It’s not trying to be infrastructure.
The presale is currently priced at $0.0002828, with $4.8 million raised to date. The project runs a dynamic APY staking mechanism, a Maxi Fund treasury for liquidity and partnerships, and a meme-first marketing engine designed to move fast in bull-market conditions.
The tagline is blunt: Never skip leg-day, never skip a pump. Research Maxi Doge here.
Bitcoin’s [BTC] resilience remains one of the key psychological metrics investors are watching.
Currently, it’s standing out. Macro FUD is officially back after U.S. President Donald Trump pulled back from the ceasefire with Iran, triggering another wave of uncertainty. Oil prices have surged more than 5% and are now approaching the $75 resistance level. Historically, rising oil prices have often aligned with major corrections across the crypto market.
Yet Bitcoin’s technical structure continues to hold above the key $60k support zone, with BTC up more than 6% during the late June/early July rally. What’s interesting is that this strength has come alongside higher oil prices, a clear divergence from previous cycles. That could be an early sign that the market is starting to absorb the macro FUD instead of selling into it.
Source: TradingView (BTC/USDT) Against this backdrop, Bitcoin’s resilience looks more like a healthy reset.
According to CoinGlass, BTC has wiped out more than $13 million in long liquidations over the past 24 hours, as FUD pushed leveraged traders out of the market. Despite the flush, BTC continues to hold above key support, suggesting the move has simply cleared out excess leverage rather than damaging the broader trend.
Historically, this type of reset has often been followed by a strong rebound, putting the $65k-$70k range back in focus. The real question now is whether spot demand is strong enough to back the move. That’s where Bitcoin whale positioning becomes the key metric to watch.
Bitcoin holds firm as whales bet on strength despite macro FUD Bitcoin’s resilience makes whale positioning worth watching.
According to Alphractal, the Whale vs. Retail Delta is rising again. The data shows whales are gradually adding to long positions. Bitcoin stands out with one of the strongest positive readings. Retail traders, however, continue to lean the other way, with smaller positions still positioned for further downside.
Interestingly, whale long exposure spiked around Bitcoin’s recent $58k bottom, reinforcing the view that larger players were buying into weakness while retail stayed defensive. More importantly, this divergence is unfolding while one of Bitcoin’s key on-chain demand metrics remains weak.
Source: CryptoQuant According to CryptoQuant, Bitcoin’s 30-day Spot Demand has been in negative territory since December 2025. The metric bottomed at -273,000 BTC in mid-June before recovering to around -100,000 BTC as of writing.
In simple terms, negative Spot Demand means new Bitcoin supply still isn’t being fully absorbed by buyers. Combined with a lack of a strong institutional bid, Bitcoin’s resilience is starting to look increasingly dependent on whale accumulation. Unless spot demand begins to recover, that resilience could be difficult to sustain.
In this context, the rise in whale long positioning becomes even more significant. If whales continue accumulating while spot demand gradually improves, Bitcoin could have the foundation for another leg higher. If not, BTC’s current consolidation around the $60k level may simply be a bull trap.
Final Summary Bitcoin is holding above key support despite macro FUD. Whales are betting on more upside while retail stays bearish. Spot demand will likely decide whether BTC breaks out or turns into a bull trap.
Bitcoin (BTC), the world’s largest cryptocurrency, faces renewed resistance after rebounding from recent lows, with technical indicators and market data pointing to a pivotal price zone that could define its next major move.
Buyers return as Bitcoin recoversMarket data shows Bitcoin trading at approximately $64,006, marking a 0.35% increase on the day according to TradingView. This modest recovery follows a sharp fall earlier this year, when the price briefly approached $58,000.
CryptoQuant, a blockchain analytics platform, has observed an easing in both spot and futures demand contraction since June 2026. Julio Moreno, Head of Research at CryptoQuant, noted that the current market reflects less aggressive selling and an improving environment for buyers.
Recent research by CryptoQuant highlights that contractions in both spot and futures demand for Bitcoin have slowed considerably from June 2026 levels, signaling more stable and positive market conditions.
CryptoQuant’s 30-day demand growth data shows spot and futures demand turning less negative by late June, coinciding with Bitcoin’s price rebound. Although these conditions indicate stabilization rather than strong accumulation, the reduction in selling pressure signals a gradual improvement. Historically, July has produced favorable market seasonality for Bitcoin, which could aid price support if current trends persist.
Key liquidity zones guide short-term movesTechnical analysis indicates Bitcoin is moving within a descending channel, with price constrained between two notable liquidity pools that may determine its next direction.
The upper liquidity zone, spanning $64,450 to $64,520, has attracted buy-side liquidity above recent price highs. If Bitcoin enters this range, a flurry of stop orders could be triggered, possibly resulting in profit-taking or renewed selling.
Below current levels, analysts have pinpointed a demand zone between $63,620 and $63,700, where sell-side liquidity is concentrated. A move into this area may draw in buyers and prompt a quick rebound.
Rather than expecting an immediate breakout, technical analysts recommend watching for market confirmation after either liquidity boundary is reached, as volatility typically rises when prices search for support or resistance.
This approach underscores the importance of liquidity in assessing short-term market behavior, with many participants waiting for a decisive test of these key zones before forming a directional bias.
Mini dictionary: Liquidity pool — In trading, this term refers to price areas where a high concentration of buy or sell orders is anticipated, often acting as short-term support or resistance zones that can trigger increased volatility.
Major resistance hinders further gainsFrom a broader technical perspective, Bitcoin has managed a solid rebound in July but now faces stiff resistance between $64,500 and $65,000. This area, identified by analysts as a 4-hour order block, has repeatedly capped previous rallies and matches historic zones of increased selling activity, particularly from institutional traders.
Recent price action also shows a series of lower highs, suggesting that buying momentum is waning as Bitcoin approaches this resistance. If buyers do not force a clear breakout above $65,000, analysts warn that the market remains susceptible to another corrective slide.
The first significant support below current levels is found near $61,000. Should Bitcoin fall below this mark, a shift in market structure could be confirmed, opening the way to the next demand area between $58,000 and $59,000, where technical patterns such as the Daily Order Block and Fair Value Gap reinforce potential support.
ZonePrice RangeImplicationUpper supply/resistance$64,500–$65,000Repeated rejections, possible breakout targetMajor support$61,000Breach could confirm bearish trendNext demand zone$58,000–$59,000Potential rebound if lower support failsIf buyers successfully claim the $65,000 level, technicals suggest the door could open toward $67,000, whereas continued rejection risks further downside.
Neutral technical signals keep market undecidedTradingView’s technical summary for BTC currently lists a Neutral rating, reflecting a balanced state between bullish and bearish forces. Out of all indicators, 9 signal Buy, 9 signal Neutral, and 8 signal Sell.
Momentum indicator readings are as follows:
RSI (14): 53 — NeutralMACD (12,26): -202 — Buy signalStochastic %K: 90 — NeutralStochastic RSI Fast: 97 — NeutralCCI (20): 92 — NeutralADX (14): 24 — NeutralMomentum (10): 2,524 — SellBull Bear Power: 1,808 — SellThe majority of these metrics suggest stabilization, with no convincing signal of a new upward trend yet established.
BTC outlook hinges on $65,000 breakoutShort-term technicals, improving on-chain demand, and more balanced liquidity conditions have put Bitcoin in a holding pattern just below its latest resistance cluster. The market is closely monitoring whether improving sentiment and reduced selling will be enough to push the price above $65,000.
Until BTC achieves a sustained move above $64,500–$65,000, the risk of another corrective adjustment toward support at $61,000 or the deeper $58,000–$59,000 region remains in focus. A confirmed breakout above resistance, however, could shift market expectations toward $67,000.
For now, Bitcoin remains tightly consolidated, with attention fixed on whether the current stabilization in demand will be sufficient to overcome its most important resistance zone.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Eric Trump’s investment in Bitcoin mining has reportedly resulted in a substantial loss of more than $600 million for his family. The loss is attributed to a 95% drop in the market value of American Bitcoin Corp., the mining company he co-founded. This downturn aligns with a broader decline in the cryptocurrency mining sector, which has been impacted by falling Bitcoin prices and shifts in mining infrastructure. Despite these challenges, American Bitcoin Corp. still holds significant Bitcoin reserves but has suffered financially due to lower mining margins and Bitcoin valuations.
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Key Takeaways The reported loss appears consistent with decreased confidence in Bitcoin’s ability to reach higher price targets in the near term. Market participants may interpret this development as supportive of scenarios where Bitcoin struggles to achieve the $82,500 price level in July. The current pricing in related prediction markets suggests a sentiment shift, reflecting concerns about the stability of Bitcoin investments. What to Watch The market will closely observe any further announcements from key industry figures or changes in regulatory environments that could influence Bitcoin’s price trajectory. Developments in mining technology or shifts in energy costs could also impact sentiment. As the month progresses, watch for any significant movements in Bitcoin’s price, which could alter the prevailing market outlook.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 0.7% — — View market → August 1 2026 51% — — View market → August 1 2026 24.5% — — View market → August 1 2026 21.5% — — View market → August 1 2026 2.6% — — View market → August 1 2026 87% — — View market → August 1 2026 0.1% — — View market → August 1 2026 5.3% — — View market → August 1 2026 1.1% — — View market → August 1 2026 10.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 5.5% — — View market → August 1 2026 10.5% — — View market → August 1 2026 1.2% — — View market → August 1 2026 0.9% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 74% — — View market →
Holding Bitcoin (CRYPTO: BTC) through every downturn is the only strategy that has consistently worked in crypto, according to Dragonfly Managing Partner Haseeb Qureshi.
Yet, he says most people don’t do “the obvious thing.”
The Only Strategy That Has Ever Worked In Crypto Is HoldingSpeaking on the When Shift Happens podcast in July, Qureshi said he entered the industry in late 2017 and watched Bitcoin fall from $19,000 to $4,000 with Ethereum dropping below $100.
He said 2018 may have been worse than post-FTX because at least after FTX, investors had someone to blame. In 2018, there was nobody to point a finger at.
“There are so many people I know who came into crypto at the same time I did and didn’t make money,” Qureshi said.
“The answer is very simple. You just didn’t do the obvious thing, which is stay in the market.” He said venture capital works partly because it forces investors to hold, with LPs locked up and unable to sell even when they want to.
Institutions Are Still Barely In, And That’s Where The Upside LivesThe biggest predictor of who voted for the FIT 21 crypto bill in the House was age, not party. Younger Congress members voted yes, older ones voted no, and Qureshi said crypto adoption follows the same generational curve the cloud shift followed.
Bitcoin Is Not Digital Gold Yet, And That’s Exactly Why It’s Still VolatileQureshi pushed back on critics who complain Bitcoin isn’t trading like gold during macro stress.
Bitcoin is a bet on something that may become like gold, not something that already is. If the market believes Bitcoin reaches saturation in 10 years, it prices accordingly.
If expectations shift to 15 years, the asset gets marked down sharply even if the terminal value stays the same. His rough saturation price range: well above $100,000, probably below $1 million.
Ethereum And Solana Are In A Growth Regime, Not A Revenue RegimeQureshi said critics applying a cash flow framework to Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are using the wrong lens.
Ethereum barely moves when fees increase. It moves on growth expectations, the same way Tesla (NASDAQ:TSLA) trades on robotics and autonomous vehicle potential rather than current earnings.
AI Eating Crypto Talent Is Actually HealthyQureshi said pioneers who need chaos should go find it in AI. Crypto is now in the buildout phase, executing on proven infrastructure.
Social media went 20 to 30x between 2010 and today without a single major new idea after 2010.
Crypto is entering the same phase, and the gains ahead don’t require the Wild West to come back.
Image: Shutterstock
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Stacks, the Bitcoin Layer 2 network, is proposing a significant upgrade to its consensus mechanism that would let Bitcoin holders earn yield on their BTC without ever moving it off the main chain. The kicker: 15% of all excess revenue gets funneled into a reserve fund designed to keep the whole system solvent even during lean times.
The upgrade, dubbed PoX-5 (Proof-of-Transfer version 5), introduces a waterfall distribution model. Protocol bond holders sit at the top of the payment queue, with an initial target yield of roughly 3% APY. These bonds require a six-month lockup period. Only after those obligations are met does the remaining revenue flow downhill.
Whatever is left after paying bond holders, the excess miner revenue, gets split two ways. STX-only stakers receive 85% of the surplus. The protocol reserve fund absorbs the remaining 15%.
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To participate, Bitcoin holders lock their BTC on the Bitcoin Layer 1 network using a timelock mechanism and pair it with STX, the native token of the Stacks network. No bridging required. No custodial transfers.
Building a 1.2-year safety buffer The 15% reserve allocation isn’t arbitrary. Simulations run across 210 two-week cycles, roughly eight years of modeled data, project that the reserve fund would accumulate enough to cover 1.2 years of yield commitments.
The system also includes capacity constraints and real-time coverage ratio monitoring. There’s no slashing mechanism for participants, meaning stakers don’t risk losing their principal if something goes sideways with the network.
The whitepaper laying all of this out was published on May 13, 2026. Since then, the Stacks community has been reviewing the associated SIP (Stacks Improvement Proposal) documents related to the bootstrap phase. No formal votes or launches have been finalized yet.
Stacks’ track record with Proof-of-Transfer The original PoX mechanism has been operational since January 2021, and over that period, the protocol has distributed more than 4,200 BTC to participants under prior consensus versions. PoX-5 is an evolution of that infrastructure, adding structured yield products and reserve mechanics on top of existing plumbing.
The upgrade also serves a dual purpose beyond yield generation. By requiring participants to pair BTC with STX, it creates organic demand for the Stacks native token. More staking activity means more STX gets locked up, which theoretically supports the token’s value while simultaneously enhancing network security through increased participation.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors as one analyst sees Saylor’s messaging as needing more clarity to help Bitcoin regain its momentum.
“Orange dots tell only part of the story,” was Saylor’s message on Sunday in a post that accompanied a chart from Saylortracker.com, similar to previous social media messages that have preceded news of Strategy's Bitcoin (BTC) purchases, typically announced the day after his posts.
In recent weeks, the largest digital asset treasury company and a major BTC holder, has moved away from its long-time “never sell Bitcoin” approach to a willingness to sell the biggest crypto as needed to fund dividends for holders of its STRC preferred stock and to replenish its cash reserves. Earlier this month, Strategy sold $216 million worth of Bitcoin, reducing its total holdings to 843,775 tokens, according to a July 6 filing with the US Securities and Exchange Commission.
“Orange dots tell only part of the story.” Source: Michael Saylor
Days earlier, Strategy unveiled a capital framework allowing Bitcoin sales to fund dividends, increased the annual dividend rate on its STRC preferred stock to 12%, and disclosed that its US dollar reserve had grown to $2.55 billion.
Standard Charter’s global head of digital assets research, Geoff Kendrick, believes recent Strategy’s actions — and Saylor's manner of communicating them — “are muddying the waters for BTC near-term.”
“We think effective communication of MSTR’s new strategy (using BTC to back STRC) is key to reassuring markets that wholesale selling is unlikely; this should in turn support BTC prices,” Kendrick wrote in a note to clients on Friday. “Indeed, if this signalling proves effective, it should remove the need for MSTR to actually sell any BTC by supporting STRC’s price,” he said.
StanChart sees inconsistencies in “never sell” approachKendrick said that Strategy’s long-held “never sell” approach limited what the company could with its industry-biggest digital asset treasury.
“The problem with the ‘never sell’ approach is that it limits what MSTR’s BTC holdings can do — or, perhaps more importantly, what they are perceived to be doing,” the StanChart analyst said. “MSTR has started to shift its communication strategy on this in recent months. It has sold BTC twice and recently announced a BTC monetization program.”
Source: Standard Chartered Bank
Still, he sees Strategy’s “market signaling” will improve soon. He expects that to bring clarity to the outlook for Bitcoin, on which StanChart maintains its $100,000 year-end forecast.
Shares struggle from year low ahead of earnings reportInvestors who bought into the Strategy narrative have not had an easy time in the past 12 months. The STRC preferred shares were formulated to hold a price of $100 apiece. Shareholders saw that par value fall to the wayside last month, to the lowest value since the preferred stock was introduced a year ago.
The common shares, trading under the MSTR ticker, have lost more than 70% of their value since July 2025, closing at $94.64 per share on Friday, down from a 52-week high of $457.22.
The company is slated to report second-quarter earnings on July 30, with analysts consensus of $4.28 per share, according to Yahoo Finance data. Earnings have fallen short of analyst forecasts in six of the last eight quarters, according to Fintel.io data, including a 33.76% negative surprise in the first quarter of 2026.
Magazine: Will the crypto lobby's $189M campaign get CLARITY over the line?
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Strategy, the digital asset-focused investment firm founded by Michael Saylor, has once again drawn attention following a series of social media posts and significant changes in its Bitcoin management strategy. Saylor, who serves as chairman, posted a cryptic message on Sunday accompanied by a chart from Saylortracker, stating, “Orange dots tell only part of the story.” This messaging style has often preceded announcements about the company’s Bitcoin acquisitions or strategy shifts.
Shift from “never sell” to active cash managementIn a move away from its previous “never sell Bitcoin” policy, Strategy recently showed willingness to liquidate a portion of its Bitcoin holdings. Earlier this month, the company disclosed the sale of $216 million in Bitcoin, reducing its total reserve to 843,775 BTC according to a July 6 filing with the US Securities and Exchange Commission.
Just days before the sale, Strategy introduced a new capital framework that permits Bitcoin sales specifically for funding dividends to holders of its STRC preferred stock and for augmenting its cash reserves. At the same time, the firm raised the annual dividend rate on STRC shares to 12% and reported US dollar reserves of $2.55 billion.
Orange dots tell only part of the story, Saylor noted in his latest update, signaling that recent changes in company strategy could mean further flexibility in managing Bitcoin assets.
Strategy holds one of the largest Bitcoin treasuries globally and has previously promoted a buy-and-hold approach, making recent developments particularly notable within the cryptocurrency community.
Mini dictionary: Strategy is an institutional investor known for holding one of the largest corporate Bitcoin reserves and has influenced crypto markets with its high-profile BTC acquisitions and statements.
Analyst calls for clearer communicationGeoff Kendrick, global head of digital assets research at Standard Chartered, commented on the recent changes at Strategy. He cited concern that Saylor’s ambiguous communications could create uncertainty for Bitcoin in the near term.
Kendrick advised that Strategy’s new approach—using Bitcoin to support STRC preferred stock—should be more clearly explained to reassure investors. He stated, “Effective communication of MSTR’s new strategy (using BTC to back STRC) is key to reassuring markets that wholesale selling is unlikely; this should in turn support BTC prices.” Kendrick also suggested that clearer market signaling could reduce pressure to sell Bitcoin and help maintain STRC’s value.
Strategy’s changes in policy and messaging may be creating near-term uncertainty for Bitcoin, but increased clarity could prompt greater market support, Kendrick wrote in a note to clients.
Standard Chartered maintains its $100,000 year-end price forecast for Bitcoin, noting that clarified communication from major corporate holders like Strategy could provide stability around the flagship cryptocurrency.
EventPrevious PolicyCurrent PolicyBitcoin holdings managementNever sell BTCSell BTC to fund dividends and cash reservesSTRC preferred stock dividendVariable (historical)12% annual rateUS dollar reservesNot disclosed$2.55 billionDespite strategic shifts, shareholders have experienced a challenging period. STRC preferred shares dropped below the $100 par value last month, reaching their lowest price since being issued a year ago. Meanwhile, the firm’s common stock, trading under the MSTR ticker, has declined by over 70% since July 2025 and closed at $94.64 last Friday, a substantial fall from its 52-week high of $457.22.
Strategy is scheduled to announce its second-quarter earnings on July 30, with analysts expecting an average of $4.28 per share. However, the company has missed earnings expectations in six of the last eight quarters, including a 33.76% negative surprise in the first quarter of 2026.
These developments highlight the challenges faced by institutional investors as they adjust corporate strategies in a volatile digital asset environment.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
TL;DR
XRP Ledger AI agents surpassed 1 million transactions, yet total value moved barely exceeded $5,000, showing bots are handling volume, not capital.Chandler Guo, a veteran Chinese Bitcoin miner, forecast a return to $120,000 within a year and a climb to $500,000 within five years, citing capped supply and ETF demand.Robinhood Chain's daily DEX volume hit $877.56 million, edging past Ethereum's $778 million, driven largely by the $CASHCAT memecoin.Spot crypto ETFs booked $281.8 million in net weekly inflows, ending an eight-week streak of outflows, while Bitcoin holds between $61,000 and $66,000.One million transactions for $5,000: Is XRPL's AI economy ready to grow up?A revealing situation has emerged on the XRP Ledger (XRPL) as autonomous AI agents have already completed more than 1 million transactions, yet the total value of these payments in XRP and the RLUSD stablecoin has barely exceeded $5,000, according to XRPL AI Hub.
The impressive one-million figure generated loud headlines, but it also exposed the reality: to secure a meaningful position in the market, the AI economy on the XRP Ledger needs to be measured in billions of transactions, not thousands of dollars.
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The low financial volume is a direct consequence of the structure of current AI traffic. Bots use the blockchain for microtransactions, paying fractions of a cent for API calls, seconds of GPU computing time, or access to text data.
State of agent economy on XRP Ledger, Source: XRPL AI HubXRPL handles these tasks effortlessly thanks to its minimal and predictable fees. Financially, however, the system is still running almost idle. One million transactions prove that machines can communicate with one another, but they are not yet bringing meaningful liquidity to the network.
For the AI ecosystem surrounding XRP and RLUSD to enter the major leagues, it must move beyond the "sandbox" stage and begin managing significant amounts of capital. Real volume will arrive when AI agents stop merely purchasing code and start independently managing corporate funds and tokenized real-world assets (RWAs).
Bitcoin at $500,000: Mining veteran Chandler Guo makes bold predictionProminent Chinese miner and early crypto investor Chandler Guo broke his silence on X with a concise prediction: Bitcoin will return to $120,000 within a year and rise to $500,000 over the next five years.
The main value of this statement lies in the author's background. Guo is not a random social media personality but an industry heavyweight who stood at the origins of industrial-scale Bitcoin mining in China. He rarely throws numbers around, which is why his Chinese-language post immediately captured the market's attention.
Chandler Guo predicts Bitcoin to reach $500,000 within 5 years, Source: XBitcoin is currently holding near $63,840, making the half-million-dollar target appear unrealistic. However, Guo's forecast follows a clear logic:
A return to $120,000 is realistic. Bitcoin already tested this level at its 2025 peak, so a return within the next 12 months appears to be a technically justified scenario.The mathematics of scarcity. Fewer than 1 million bitcoins remain to be mined out of the hard-capped supply of 21 million coins. Wall Street agrees. The $500,000 target by the end of the decade aligns with the long-term estimates of Standard Chartered analysts, who link global price growth to capital inflows through spot ETFs.What is the catch? Market history shows that before every major rally, Bitcoin tends to stage severe cyclical corrections that shake out excessively optimistic investors. Mining veterans may be confident about the future, but the speed at which their forecasts materialize will depend on liquidity conditions across global markets.
Robinhood vs Ethereum: How memecoins pushed the broker to the top of the crypto rankingsDefiLlama data recorded a rare shift in the on-chain economy as daily DEX volume on the relatively new Robinhood Chain surged to $877.56 million, surpassing Ethereum's $778 million.
The most remarkable part is the relationship between the figures. Robinhood Chain has only $131.51 million in total value locked. This means users are not simply storing money there but are moving it through the network at extraordinary speed.
Robinhood Chain, a layer-2 blockchain built on Arbitrum, launched on July 1 2026. Management initially planned to develop serious financial instruments and tokenized assets on the network, but retail traders had other ideas. The chain was immediately flooded by a wave of memecoin speculation.
The main hit was CASHCAT, a reference to the historical fact that company CEO Vlad Tenev originally wanted to name the brokerage CashCat. The token's market capitalization quickly surpassed $180 million, accounting for the lion's share of the network's activity.
Top blockchains by 24 hours DEX volume, Source: DefiLlamaThe network's success is also a victory for effective social media marketing. Robinhood understands its audience perfectly. While traditional banks publish dull reports, the broker's official account posts concise lines such as, "We're in a very crypto time of our lives," generating millions of views and creating powerful FOMO.
Vlad Tenev himself played along with the crowd on X. At the height of trading activity, he joked that the network had technically been created for serious DeFi, but that memecoins were also perfectly valid. For the crypto community, this sounded like a green light.
Without spending heavily on advertising, the broker began speaking the same language as crypto "degens" and started pulling liquidity away from other networks.
Should Solana be concerned? Probably not yet. This remains a local triumph for Robinhood, while the leading retail blockchain remains firmly in first place with daily volume of $1.133 billion and a massive TVL of nearly $5 billion.
Crypto market outlook: $197 million ETF comeback and the battle for Bitcoin's codeThe crypto market appears to have found a bottom. Spot ETFs ended an eight-week streak of $8.26 billion in outflows by recording their first $197 million in net inflows.
The market is now caught between renewed institutional demand, an internal developer split over BIP-110, and anticipation surrounding key inflation data. Bitcoin remains within the $61,000–$66,000 range, responding to a total of $281.8 million in capital inflows across all crypto funds.
US spot Bitcoin ETF performance and price action over the past week, Source: SoSoValueKey checkpoints:
ETFs return to the game. After a severe downturn, Bitcoin funds recorded $197 million in weekly inflows, led by BlackRock's IBIT with a net result of $292 million. Together with Ethereum funds, total net inflows reached $281.8 million, indicating that overt selling pressure may be running out of steam.Bitcoin holds its ground. BTC remains trapped between liquidity clusters at $61,000 and $66,000 and is confidently holding the $64,000 level despite external logistical shocks affecting global trade routes. A breakout above the $65,000 resistance level or a decline below the $61,000 support level will determine the direction of the broader two-month consolidation.The ideological battle over Bitcoin's code: BIP-110. The BIP-110 upgrade proposes sharply restricting transaction sizes on the Bitcoin network to suppress block-filling protocols such as Ordinals and Runes. The upgrade is currently supported by only 23% of nodes and 1% of miners' hash rate. The decisive battle for consensus, along with the risk of a chain split, is expected in August 2026, with 55% support required.Ethereum begins to regain strength. ETH rebounded from a low of $1,750, while the ETH/BTC pair climbed above 0.028 amid record withdrawals from Binance and growing long positions on Bitfinex. A sustained move above $1,820 would open the way for momentum toward $1,850–$1,900.The macroeconomic trigger. The release of the latest Consumer Price Index data will be the week's main catalyst. Inflation below expectations could trigger a powerful upward short squeeze. If the figures come in hotter than expected, bears could regain control and attempt to push the market below $60,000. You Might Also Like
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Ethereum completed a golden cross against Bitcoin on its short-term chart, with the market now watching for a potential comeback. The MA 50 rose above the MA 200 after a crossover on the hourly chart.
ETH/BTC Hourly Chart, Image By TradingViewThis follows a recent run of outperformance by Ethereum, which has rallied versus Bitcoin since bottoming at 0.025 on June 6. Fresh ETF inflows and rising on-chain activity, especially through Robinhood's new Layer 2 chain using ETH as its native gas token, have helped Ethereum outperform Bitcoin recently.
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The outperformance can be seen in a golden cross developing on the hourly chart. Ethereum bounced from its June lows after a multi-week decline that started in mid-April. After consolidating for a while, Ethereum had a breakout above 0.027, which corresponds with the daily MA 50. Ethereum has traded below the daily MA 50 since April 23.
Galaxy's Head of Research, Alex Thorn, highlighted Ethereum's price action against Bitcoin in a recent tweet, saying, "Can I say something?"
Is momentum back?Ethereum has been in a downward trend since the start of 2026, having begun the year with a death cross on the ETH/BTC daily chart.
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Galaxy Head of Research Alex Thorn called attention to this signal at the year's start, as reported, which went unnoticed in the market, possibly due to the optimism with which cryptocurrencies began the year.
Now, with several months of underperformance, traders are watching for a price bottom on the ETH/BTC chart. This is significant as most altcoins' outperformance has often coincided with a rising ETH/BTC ratio. This is because traders are willing to take more risk when Ethereum outperforms Bitcoin, and vice versa.
The RSI across various timeframes has rebounded from oversold levels to neutral or positive, but a price reversal cannot be confirmed yet.
Ethereum has completed a golden cross against Bitcoin on its short-term chart, indicating a shift in momentum as investors monitor the possibility of a sustained recovery. The development comes after the 50-hour moving average crossed above the 200-hour moving average, a chart pattern frequently watched by traders for potential trend reversals.
Ethereum’s recent outperformance and ETF inflowsEthereum began outperforming Bitcoin following a local low at 0.025 on June 6. Its rally has been supported by renewed inflows into cryptocurrency exchange-traded funds and growing on-chain activity. Notably, Robinhood recently launched a new Layer 2 network that utilizes Ethereum as its native gas token, which has contributed to an increase in transactional demand on the Ethereum blockchain.
The price resurgence was further confirmed when Ethereum broke above the 0.027 level, a point that aligns with the 50-day moving average. This breakout followed a prolonged consolidation period after a multi-week decline, which started in mid-April. Since April 23, Ethereum had been trading below its daily 50-day moving average until this latest move, signaling renewed market confidence.
Mini dictionary: Golden cross – A chart pattern where a short-term moving average crosses above a long-term moving average, typically seen as a bullish signal by technical analysts.
Technical signals and market sentimentAlex Thorn, Head of Research at Galaxy, highlighted this price action in a post, drawing attention to the potential implications for the ETH/BTC trading pair. Thorn noted that market sentiment at the start of 2026 was primarily positive, even though Ethereum experienced a death cross—a bearish technical signal—against Bitcoin on the daily chart.
Market optimism at the beginning of the year led many investors to overlook the importance of the death cross on the ETH/BTC pair, even as Ethereum gradually declined relative to Bitcoin.
As the year progressed, Ethereum underperformed compared to Bitcoin until the recent reversal. The market has become increasingly attentive to potential bottoming signals on the ETH/BTC pair, since historical data shows that rallies in altcoins often occur when Ethereum gains strength over Bitcoin.
Current indicators and market outlookThe relative strength index (RSI) on different timeframes has moved from oversold territories to more neutral or positive zones. However, analysts cautioned that no definitive price reversal has been confirmed yet.
Traders often view increases in the ETH/BTC ratio as a sign that risk appetite is returning, since periods of Ethereum strength typically coincide with improved altcoin performance.
Market watchers are closely observing whether the formation of the golden cross on the hourly chart will lead to further upside for Ethereum against Bitcoin. Factors such as ETF inflows and Layer 2 adoption continue to influence sentiment, but technical confirmation remains pending.
IndicatorRecent ValueHistorical ReferenceETH/BTC Price Low0.025 (June 6)Recent multi-week lowBreakout Level0.027Aligned with 50-day MARSINeutral/PositivePreviously oversoldDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto markets held firm on Sunday, with Bitcoin (BTC) near $64,000, as digital assets absorbed fresh US strikes on Iran and the closure of the Strait of Hormuz once more.
The muted move breaks from earlier in the war. Bitcoin fell about 2% and slid toward $61,000 after June’s escalation, a far steeper reaction than today’s 0.33% dip.
US Launches Third Round of Strikes on IranIran declared the Strait of Hormuz closed and fired on a commercial vessel. The move defied a US demand to guarantee passage through the waterway.
In response, US Central Command (CENTCOM) launched a third round of strikes. Forces hit roughly 140 targets.
Those targets included missile and drone sites, naval assets, and coastal surveillance posts.
“During three nights of strikes this week, CENTCOM has struck more than 300 targets… to degrade Iran’s ability to attack civilian mariners and commercial vessels freely transiting the strait,” CENTCOM said.
The conflict widened across the Gulf. Iran claimed attacks on Bahrain, Kuwait, Jordan, Qatar, the UAE, and Oman.
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#بيان | تعرب وزارة الخارجية عن إدانة واستنكار المملكة العربية السعودية بأشدّ العبارات استمرار إيران في سلوكها المزعزع لأمن المنطقة واستقرارها، وانتهاكها لمبادئ القانون الدولي وميثاق الأمم المتحدة وميثاق منظمة التعاون الإسلامي وقواعد حسن الجوار، وذلك بتكرار الاعتداءات الإيرانية… pic.twitter.com/PlXIfEyKjR
— وزارة الخارجية 🇸🇦 (@KSAMOFA) July 12, 2026 Crypto Shrugs Off the EscalationDespite the escalation, major tokens barely moved. Bitcoin posted a 0.33% daily loss. Ethereum (ETH) traded around $1,801, up 2.18% over the past 7 days. XRP (XRP) and Solana (SOL) each fell less than 2% on the day.
Crypto Markets Show Resilience as US-Iran Conflict Escalates. Source: BeInCrypto MarketsOil markets, shut for the weekend, could open higher on Monday. Brent held near $76 a barrel on Friday. Another prolonged closure could rattle energy markets and lift prices as traders price in tighter supply.
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Is a new all-time high possible this year? Some AIs believe so.
It’s that time of the week again, the weekend, in which the regular reader and investor might want to explore something lighter, fun, and more optimistic.
In this article, we will review the price predictions for bitcoin in 2026 made by some of the top AIs: ChatGPT, Gemini, Grok, and Perplexity. Sit back, enjoy, and let’s all hope at least one of the bullish targets below will be reached.
Let’s Be Realistic (but Also Hopeful) Instead of starting with ChatGPT as we usually do in these articles, we will try something different and go for the less popular option, Perplexity. Its realistic take on the matter doesn’t envision a new all-time high, but the upper boundary is close to it: $95,000 to $125,000. Both of these sound quite impressive, given the current market state in which BTC fights for $64,000.
To be able to reach these yearly highs, though, Perplexity noted that several factors have to align: institutional ETF demand has to return, more favorable Fed policy, and renewed risk-on appetite from investors.
Grok’s opinion is largely in agreement, as its range is $90,000 to $120,000. No new all-time high, but still double-digit gains. Aside from the aforementioned factors, it outlined moderate macro improvement, no major recessions, and BTC’s increasing dominance as a store-of-value asset.
As with our similar article for XRP, Gemini was the least bullish. Its realistic targets are between $75,000 and $100,000, and it highlighted the same catalysts as above.
ChatGPT was more specific. It didn’t provide a wide range. Instead, it said that its realistic target for Bitcoin’s highest price in 2026 is $95,000.
You may also like: Bitwise Report: Crypto Fundamentals Are Getting Stronger Despite Third Straight Negative Quarter STRC, SATA Hit Record $10B Monthly Trading High Despite Price Drop Below Par Strategy or Binance: Who’s Sitting on More Unrealized Bitcoin Losses? CryptoQuant Weighs In “This scenario would not require a completely new speculative mania. Bitcoin would need ETF demand to stabilize, corporate buyers to stop reducing their exposure, and macroeconomic conditions to become moderately more supportive,” it said.
All Aboard the Bull Train The other side of the coin sees bitcoin rocketing toward new all-time high levels. In fact, all of the AIs’ bull case predictions envisioned new records this year. ChatGPT, for example, noted that the primary cryptocurrency can jump past $130,000 and peak about five grand above that level.
Gemini’s target was even higher. Google’s AI noted that under extreme conditions, BTC can top at somewhere between $150,000 and $180,000. Grok’s most optimistic scenario predicted a massive rise toward $200,000 or even slightly above. Perplexity joined the $200,000+ narrative, setting a target of $210,000.
However, all AIs agreed that many, many factors would have to align for such high numbers to be even possible. It’s not just the ETFs and easing monetary policy mentioned above. BTC would need an accelerating global economy, peace deals among many of the warring parties, and a sweeping cross-asset bull run, combined with “expanding institutional digital-asset treasuries,” to propel the cryptocurrency toward new peaks.
APX and HASH have rocketed the most in the past day, while BEAT has dumped by over 20%.
Bitcoin’s price experienced minor volatility over the past 24 hours as the US and Iran exchanged a new wave of attacks, and the asset now struggles to remain above $64,000.
Most larger-cap alts have remained sideways over the past day, aside from ZEC and DEXE. The latter has posted a massive double-digit surge to well over $40.
More Volatility to Come Soon? The previous weekend was quite similar in terms of price action, as BTC remained sideways between $62,400 and $63,400. Its more impressive leg up followed on Monday when it jumped to $64,000 before it was violently rejected and driven south to $61,200 after Michael Saylor’s Strategy announced its biggest BTC sale to date.
Unlike the developments that took place after the previous Strategy sale, bitcoin actually rebounded almost immediately this time and rocketed to $64,600. However, it was rejected there again and dipped to $61,600 as the US and Iran broke the ceasefire with new attacks against each other in the middle of the week.
The bulls intervened once again and helped the cryptocurrency recover a lot of ground. The culmination came yesterday, when it pumped to $64,700. However, it couldn’t keep climbing and dipped to $63,600 after the latest attacks in the Middle East. It now trades close to $64,000 again, but more volatility is likely to take place later tonight or tomorrow when the legacy financial markets open for trading.
For now, bitcoin’s market cap remains at $1.280 trillion, while its dominance over the alts on CG is up to 56.8%.
BTCUSD July 12. Source: TradingView ZEC, RAIN, UNI, DEXE Up Ethereum continues its fight with the $1,800 resistance, which has been described as critical by many analysts. XRP, SOL, DOGE, XLM, ADA, and BNB are slightly in the red daily, while TRX, HYPE, and XMR have posted insignificant increases.
ZEC has added 5% of value to trade at $525, RAIN is up by 3% and sits close to $0.015, UNI has tapped $3.65 after a similar increase, while DEXE has stolen the show from the larger cap alts. It has risen by over 17% to $43. APX and HASH are the other double-digit gainers, while BEAT has plummeted by 20% after yesterday’s rise.
The total crypto market cap remains close to $2.260 trillion on CG after a minor daily retreat.
Cryptocurrency Market Overview July 12. Source: QuantifyCrypto
A controversial proposal known as BIP-110, which would temporarily restrict non-financial data on the Bitcoin blockchain, faces an early August deadline with miner support still below 1%.The measure would tighten limits on OP_RETURN and other data-carrying methods for one year, a move backers say would refocus Bitcoin on payments but critics argue improperly censors valid, fee-paying transactions.With major figures like Michael Saylor and Adam Back opposing the plan and both miner and node adoption stuck in the low single digits, BIP-110 appears likely to create only a small minority chain rather than a network-wide change.An infamous proposal to purge non-financial data from the Bitcoin blockchain is heading toward a hard deadline in early August, and the initial support it has gathered from miners is less than 1% so far - a signal of outsized opposition despite the immense social chatter around the topic.
BIP-110, formally titled the Reduced Data Temporary Soft Fork, is basically a fight over what Bitcoin block space is for.
Bitcoin transactions can carry money and extra data. An OP_RETURN section is the obvious “note field” for small bits of data within transactions, and data pushes are another route - where users can place larger chunks of raw data inside Bitcoin script or witness data. Ordinals, inscriptions and some token schemes use those paths to put images, text or token metadata onchain.
BIP-110 would temporarily tighten those paths for one year. It would cap OP_RETURN at the old small size, block most arbitrary data chunks above 256 bytes, and restrict some script formats used mainly for data storage.
Supporters say this keeps Bitcoin focused on payments and lowers node burden, but critics think it turns a policy fight into a consensus rule and tells users which transactions are “acceptable.”
Two of Bitcoin's most influential figures came out against it on Saturday. Strategy founder Michael Saylor posted that "there are 110 things more dangerous to Bitcoin than spam," arguing the proposal "turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions." The precedent, he wrote, is the real danger.
There are 110 things more dangerous to Bitcoin than spam.
BIP 110 turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions.
That precedent is the danger. We should save our energy for threats that really matter. $BTC https://t.co/LoSkl9XSo1
— Michael Saylor (@saylor) July 11, 2026 Adam Back, the Blockstream co-founder whose hashcash design is cited in the bitcoin white paper, made a similar case at greater length, addressed to the newcomers backing the proposal.
"Bitcoin respectfully says no to what you want," he said, adding that their real recourse, if unconvinced, is to group together and fork away, but that "bitcoin won't be joining it."
The support data shows what the broader market really thinks. BIP 110 does not rely on the usual path of overwhelming miner approval, but uses a user-activated soft fork, a mechanism in which nodes enforce a rule whether or not miners agree, set to a 55% miner-signaling threshold rather than the traditional 95%.
Backing is absent even at that significantly lower bar.
Miner signaling has never risen above about 1% in any period and stands at zero in the current one, with no major mining pool behind it, according to the BIP 110 signaling monitor.
Among the nodes that store and relay the chain, adoption sits in the low single digits, carried almost entirely by Bitcoin Knots, an alternative to the dominant Bitcoin Core software.
The deadline arrives regardless. The current signaling period runs from block 957,600 to 959,615, and a voluntary lock-in deadline falls at block 961,542 in the following period, expected in early August.
Nodes running BIP 110 software would then begin rejecting any block that does not signal support, with activation projected near September. In practice, a rule enforced by a few percent of nodes and almost no miners does not change Bitcoin for everyone but would split off a minority chain.
As such, Bitcoin's resistance to change is not written down anywhere, but is the product of thousands of independent operators who each have to opt in as a means of consensus.
The underlying spam concern is real. Blocks have carried more non-financial data since the October change, and reasonable people see that as a drift from Bitcoin as money toward Bitcoin as a database. But Bitcoin changes only when the network agrees to run the change, and on the evidence so far, it will not run this one.
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Digital Assets: Quarterly Review and Outlook Q2
Digital Assets: Quarterly Review and Outlook Q2
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Jul 10, 2026
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Bitcoin traded around $63,800 with only slight daily moves despite new U.S. airstrikes on Iran and Tehran’s declaration that it had closed the Strait of Hormuz.Other major cryptocurrencies, including ether, XRP and dogecoin, also saw only fractional price changes, continuing a muted pattern of reaction to Middle East tensions.Markets for oil, stocks and bonds are shut for the weekend, leaving bitcoin as one of the few assets pricing the latest escalation in real time, with a fuller reaction in crude expected when trading resumes Monday.Bitcoin held near $63,800 on Saturday after the U.S. launched its third round of strikes on Iran this week and Tehran declared the Strait of Hormuz closed "until further notice." The largest cryptocurrency was down 0.3% over 24 hours and up 2% on the week.
Vessel-tracking data showed some traffic around the Strait of Hormuz in Asian morning hours Sunday, though movement through the chokepoint remained well below normal.
U.S. Central Command said President Trump ordered the strikes, which targeted Iran's ability to attack commercial vessels, after Iranian forces hit a Cyprus-flagged container ship. Iranian state media reported explosions along the country's southern coast, including the energy hubs of Bushehr and Asalouyeh and the port cities of Bandar Abbas and Bandar-e Dayyer.
Ether was similarly quiet at about $1,800, up 2% on the week. Solana was the weakest of the majors at $76, down 5% over seven days, while XRP slipped to $1.09 and dogecoin eased to about $0.07. The moves across the board were fractions of a percent on the day.
The muted response is the pattern now. When Iran first closed the Strait of Hormuz in early March, Brent crude jumped past $100 a barrel for the first time in four years and later peaked near $120, and bitcoin sold off sharply on each escalation.
Part of that is timing. Oil, equities and bonds are closed for the weekend, so bitcoin is the only large market open to price the strikes in real time, and it is treating them as close to a non-event.
The fuller cross-asset reaction, in crude especially, might not show until Monday. Roughly a fifth of the world's seaborne oil moves through Hormuz, and Brent had already carried a risk premium into the weekend after tanker traffic through the strait stayed below normal.
The real test comes Monday, however, if crude reopens with a sharp gap higher while bitcoin holds its ground. A calmer oil open would say the strait closure is being read as a threat Tehran has made and walked back before.
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Digital Assets: Quarterly Review and Outlook Q2
Digital Assets: Quarterly Review and Outlook Q2
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Jul 10, 2026
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Bitcoin just posted its first bullish RSI divergence since the end of last year, according to veteran macro investor Jordi Visser, who said the signal is shifting how he views the coming months.
Visser said he spotted the divergence using a 4 hour RSI chart. Price made a new low when Bitcoin broke through $60,000 recently, but the RSI reading stayed higher than it was at the previous low. “As a trader, I go, well, now I can buy something when we get back above 60, and I’ll just stop myself back out below the lows,” he said.
Visser, who also follows Elliott wave theory, believes Bitcoin is near the bottom of its range for the year ahead. He does not rule out a drop to $50,000 or even $45,000. “Do I think we’ll be over 100 a year from now? Yeah,” he said. “So what do I care whether I buy something at 60 or whatever.”
Where the money actually went
Visser said he underestimated how much capital would get pulled toward AI stocks instead of crypto. He pointed to Micron, which he said rose twenty times in value. “You don’t get that in big companies, and this is a big company,” he said, adding that startups without an AI angle struggled to attract investor interest over the past year.
That shift, he said, coincided with the October release of Opus 4.5 and a fading expectation of further rate cuts. The market had priced in 150 basis points of cuts as of late September, before that outlook reversed toward the possibility of another hike.
The Fed’s next move
The Fed could hike rates July 29, with the odds sitting at 35 to 40 percent now, according to Visser. He does not think policymakers actually want to raise rates, citing recent comments from a Fed official suggesting AI could bring a short inflationary bump followed by a longer deflationary trend. If the Fed holds steady, Visser expects Bitcoin to trade above $70,000, as markets begin pricing out any hike before the midterm elections.
He also pointed to a recent speech by Treasury Secretary Scott Bessent, arguing that digital assets and stablecoins are becoming central to how the administration wants to reshape the country’s role in global finance.
Story Ends Here
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WSJ Survey: U.S. Recession Probability Drops to 25%, Down From 33% in April
According to survey data from The Wall Street Journal, the probability of a U.S. economic recession has dropped to 25%, down from 33% in April.
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The volume of ETH bridged from Ethereum Mainnet to Robinhood Chain has surged roughly tenfold in a week, surpassing $100 million.
According to Token Terminal data, over the past week, the volume of ETH bridged from Ethereum mainnet (L1) to Robinhood Chain (L2) has surged roughly 10-fold, surpassing $100 million. Robinhood Chain uses ETH as its native gas token, as noted. Token Terminal stated that if adoption of the chain continues to grow, it could become a new, significant source of demand for ETH.
Bitcoin’s BIP-110 proposal is approaching its early August deadline, yet miner support for the measure remains below 1%, signaling significant resistance to the initiative. Officially titled “Temporary Soft Fork for Reducing Data”, BIP-110’s core controversy centers on restricting non-financial data on the Bitcoin blockchain. The proposal aims to cap OP_RETURN data capacity within a year, ban most arbitrary data exceeding 256 bytes from being written to the chain, and limit certain script formats primarily used for data storage. Supporters argue the plan would refocus the Bitcoin network on its payment function and reduce node operational burdens; opponents counter that it would escalate policy disputes over block space usage into consensus rule changes, effectively determining which transactions qualify as “acceptable”. Strategy founder Michael Saylor and Blockstream co-founder Adam Back have both publicly opposed BIP-110. Saylor remarked, “There are 110 things more dangerous than junk data”, adding that the proposal would “turn the junk data debate into a consensus change, invalidating some currently valid transactions that pay fees”. Back stated that if supporters cannot accept the status quo, they may choose to fork, but “Bitcoin will not join”. Data shows BIP-110 uses a user-activated soft fork mechanism with a 55% miner signaling threshold, though miner signaling rates have never topped roughly 1% to date, with the current cycle sitting at 0 and no major mining pools backing the measure. The share of nodes running BIP-110 software also remains in the single digits, primarily from Bitcoin Knots users. The proposal’s current signaling cycle will end around block height 959,615, with a voluntary lock-in period expected in early August and activation targeted for around September. If broad support is still absent by then, the initiative could result in a minority of nodes forming a separate chain.
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Bitcoin‘s performance in July has tracked its historical pattern, with the third quarter typically being the cryptocurrency’s slowest season on average. Market analysts have noted that Q3 tends to yield gains of approximately 6%, reflecting subdued summer trading conditions and lighter volumes.
Q3 Trading Patterns and Market DynamicsTraditionally, the third quarter is marked by reduced liquidity and lower participation among traders, which often leads to modest gains compared to the more active final quarter of the year. Analysts have attributed this seasonal weakness to vacations and generally lighter activity in global financial markets.
With its latest correction, Bitcoin has returned to a demand zone spanning from the mid-$55,000 level to the low $70,000s. This band, established as a significant area of resistance since 2021 before turning into support after 2024’s breakout, continues to serve as a guiding reference for price movement.
Price Action and Technical IndicatorsBitcoin’s price has pulled back notably from its all-time high of $110,000. However, some analysts believe the selling pressure may now be easing as BTC approaches the lower end of this established support range.
Technical analyst Chris identified a bearish divergence on the weekly Relative Strength Index (RSI). Although Bitcoin continues to form lower lows in price, the RSI is rising, which may suggest that downward momentum is beginning to weaken.
There is a structural falling wedge forming on the charts, which historically points to a bullish reversal potential. Bitcoin is also hovering near the bottom of the Ichimoku Cloud—an area that can often provide price support. A breakout from this wedge could increase the likelihood of upward price movement.
Mini dictionary: Ichimoku Cloud, a technical analysis tool that displays support/resistance levels and trend direction using multiple averages for a visual overview of an asset’s market momentum.
Focus on Bitcoin DominanceBitcoin dominance, which measures BTC’s share of the overall cryptocurrency market, has recently rebounded to a range between 64% and 70%. Crypto Patel reported that this metric returned to levels previously seen during major peaks in earlier cycles.
Analysts observed that when Bitcoin rejected this dominance range in 2018 and 2021, altcoins experienced significant gains. The most recent high for Bitcoin dominance was near 64.1%. Unless BTC dominance breaks above 70%, altcoins may continue to capture attention.
PeriodBTC Dominance HighAltcoin Performance2018Approx. 70%Altcoins saw strong rallies2021Approx. 64%Altcoins witnessed gainsPresent64.1%Potential for altcoin interest if resistance holdsIf this resistance at 70% is not breached, there could be broader gains across the altcoin sector. However, sustained dominance or a break above the historic range may limit these gains.
Market OutlookSeveral converging technical signals indicate that Bitcoin may be preparing for a pivotal reversal in its current cycle. The next few weeks are likely to be crucial, potentially shaping whether Bitcoin regains momentum or if the broader cryptocurrency market shifts toward an altcoin-led phase.
The outcome could determine Bitcoin’s next trend and influence whether the sector enters a fresh altcoin cycle, as technical indicators suggest a possible turning point is approaching.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
TL;DR Bitcoin exchange-to-exchange flow plunged 91% from 1,800 BTC to 165.7 BTC in just 30 days. The decline closely followed Binance’s July 1 exit from the EU and EEA under MiCA regulations. Reduced European retail trading activity may be contributing to Bitcoin’s continued struggle below $65,000. A recovery in daily exchange flows above 800–1,000 BTC could signal that market liquidity has stabilized. Bitcoin’s exchange-to-exchange transfers have fallen to one of their lowest levels in weeks, with fresh on-chain data suggesting that the sharp decline may be tied to the completion of Europe’s largest crypto exchange migration.
This is following Binance’s regulatory exit from the European Union. According to CryptoQuant data, exchange-to-exchange flow dropped from around 1,800 BTC on June 14 to just 165.7 BTC by July 12, representing a 91% decline in only 30 days.
BTC Exchange Flow Data | Source: CryptoQuant The dramatic slowdown comes shortly after Binance ceased operations across the EU and EEA under the bloc’s Markets in Crypto-Assets (MiCA) framework, potentially explaining why Bitcoin has struggled to establish a convincing move above the $65,000 level despite several attempts.
The CryptoQuant chart shows a noticeable spike in exchange-to-exchange transfers during mid-June, followed by a steep decline throughout early July. While such movements are often associated with changing market sentiment, the timing closely aligns with one of Europe’s most significant regulatory developments.
Binance’s EU Departure May Have Triggered the Shift On July 1, 2026, Binance officially lost its authorization to operate across the European Union and European Economic Area after failing to continue operations under MiCA requirements. In the weeks leading up to that deadline, many European customers transferred their Bitcoin from Binance to regulated exchanges, creating an unusually large volume of exchange-to-exchange transactions.
That migration appears to have peaked around June 14, when transfers climbed to roughly 1,800 BTC. Once users had completed moving their assets, those flows rapidly subsided.
By July 12, exchange-to-exchange transfers had fallen to only 165.7 BTC, marking one of the weakest readings seen in recent months. Rather than reflecting panic selling, the data suggests that the bulk of European users had already completed their transition to alternative trading venues.
The migration illustrates how regulatory changes can temporarily distort on-chain metrics, particularly when millions of dollars in digital assets move between centralized exchanges.
Lower Liquidity Could Explain Bitcoin’s Price Consolidation Bitcoin has repeatedly tested resistance around the $65,000 mark since early July but has struggled to sustain a breakout. One possible explanation is the temporary reduction in active trading liquidity caused by Binance’s withdrawal from Europe.
European retail traders represented a meaningful portion of Binance’s spot market activity. As those users spent weeks relocating funds and opening accounts with new providers, normal trading volumes naturally slowed. Instead of actively buying Bitcoin, many investors were focused on transferring assets, completing identity verification, and re-establishing trading positions on compliant platforms.
This temporary disruption may have reduced the buying pressure that previously supported Bitcoin during its attempts to reclaim higher price levels.
Rather than signaling weakness in Bitcoin’s long-term outlook, the data points to a market adjusting to a major structural change in where European trading activity takes place.
The key indicator now may not be Bitcoin’s price alone but whether exchange-to-exchange activity begins recovering.
According to the analysis accompanying the CryptoQuant data, a sustained return of daily exchange transfers to around 800 to 1,000 BTC could indicate that European liquidity has successfully settled across regulated exchanges such as Kraken, Coinbase, and regional European platforms.
If that occurs, the market could regain the liquidity needed to support another attempt at breaking above recent resistance levels. Until then, Bitcoin may continue trading within a relatively narrow range as market participants adjust to the changing exchange landscape.
Both Michael Saylor, founder of Strategy, and Adam Back, co-founder of Blockstream and inventor of Hashcash, have opposed the implementation of the extremely controversial Bitcoin Improvement Proposal 110 (BIP 110).
They believe that the measure threatens the foundational principles of the network.
"110 things more dangerous than spam"BIP 110 seeks to implement protocol-level filters to reject transactions deemed as "spam" (arbitrary data, such as digital artifacts or tokens, into the blockchain).
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Saylor, whose corporate treasury holds over 843,000 Bitcoin, recently took to X's social media network to oppose the proposal. "There are 110 things more dangerous to Bitcoin than spam," Saylor stated on X.
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As noted by Saylor, the controversial proposal turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions," Saylor explained.
For Saylor, the mechanism proposed to implement it is the real danger. "That precedent is the danger," he warned. "We should save our energy for threats that really matter."
"Policing" transactionsBack, a veteran cryptographer who was cited in the original Bitcoin whitepaper, warned that the approach BIP 110 supports is actually at odds with the ethos of permissionless money.
"The decentralization needed to create cypherpunk money has implications," Back wrote in a lengthy post. "A side effect of decentralization is that you can't impose your views on others. The very decentralization mechanism that helps that is working against what BIP 110 wants, which at its most basic is a quest to police other people."
Back claims that hates spam "with a passion," but attempting to mandate behavior at the protocol level is a mistake. "You can modify your software, but not anyone else's," he noted. "Bitcoin can't have people who don't understand technology basics insist on eroding security, decentralization robustness and core properties."
Pushing BIP 110 forward without consensus will inevitably result in a network split, according to Back. "If you won't listen to reason, educate yourself, learn, the same radical freedom applies to you: your permissionless recourse is to club together and create a fork," Back stated bluntly. "But Bitcoin won't be joining it."
Back also pushed back against community claims that the Bitcoin Core developer team is being manipulated by outside funding. "Funders of not-for-profits are 'no strings', not even taking part in the grant decisions," Back clarified. He noted that donors often don't even review the annual summaries of what developers worked on. "They just want to help BTC stay robust."
Terawulf has entered into a significant $19 billion, 20-year lease agreement with AI company Anthropic, covering 400MW of compute power. This deal appears to reflect a growing trend among major Bitcoin holders and miners to reassess the value of Bitcoin against potential returns from AI infrastructure. Additionally, MicroStrategy, a major corporate Bitcoin holder, has sold 3,588 BTC, its largest sale since 2020, redirecting $65 million into developing an AI data center. This series of moves suggests a market shift where AI compute yield is increasingly being prioritized over Bitcoin holdings, potentially impacting Bitcoin’s perceived value as a hedge.
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Key Takeaways Terawulf’s $19 billion lease with Anthropic suggests a major shift in focus towards AI infrastructure. MicroStrategy’s sale of 3,588 BTC and investment in AI data centers indicates a reevaluation of Bitcoin’s hedge value. Markets are adjusting Bitcoin’s valuation against AI compute yield, suggesting potential changes in Bitcoin’s role in portfolios. What to Watch Observers should monitor any further investments by major Bitcoin holders into AI and related technologies, as this could further influence Bitcoin’s market dynamics. Future announcements from large holders like MicroStrategy or emerging developments in AI infrastructure could be consistent with scenarios where Bitcoin’s price faces additional pressure. Additionally, regulatory developments affecting AI investments or Bitcoin holdings could further impact market perceptions and valuations.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 0.8% — — View market → August 1 2026 48% — — View market → August 1 2026 23% — — View market → August 1 2026 22.5% — — View market → August 1 2026 2.7% — — View market → August 1 2026 84% — — View market → August 1 2026 0.1% — — View market → August 1 2026 5.2% — — View market → August 1 2026 0.9% — — View market → August 1 2026 10.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 5.5% — — View market → August 1 2026 11.5% — — View market → August 1 2026 1.2% — — View market → August 1 2026 1% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 76% — — View market →
Blockstream co-founder Adam Back and Strategy founder Michael Saylor have publicly opposed BIP 110, a proposed temporary soft fork for Bitcoin. A Wu Blockchain post summarized their comments on July 12. Back said the plan attempts to police transactions that other users choose to send. He argued that this approach conflicts with Bitcoin’s decentralized and permissionless design.
Summary
Adam Back and Michael Saylor reject BIP 110, citing censorship concerns and potential fork risks. BIP 110 would temporarily restrict large data fields while preserving outputs created before network activation. Miner signaling remains near zero, far below the proposal’s required 55 percent activation threshold today. Adam Back and Michael Saylor Oppose BIP 110 on Bitcoin
Blockstream co-founder and Hashcash inventor Adam Back and Strategy founder Michael Saylor both opposed implementing BIP 110 on the Bitcoin network. Back said BIP 110 attempts to police other people’s transactions and… pic.twitter.com/XLGZqYvyRw
— Wu Blockchain (@WuBlockchain) July 12, 2026 Back also warned that supporters could create a separate chain if they enforce rules without broad agreement. Saylor made a similar case in his public statement. He said, “BIP 110 turns a spam dispute into a consensus change” that would reject some transactions that Bitcoin currently accepts. Saylor called that precedent “extremely dangerous” and said developers should focus on larger threats.
What BIP 110 would change The official BIP 110 specification calls it the Reduced Data Temporary Softfork. It would apply extra consensus rules for about one year. These rules would restrict large data fields, some Taproot features, and several methods used to place images or other files inside transactions. The proposal keeps OP_RETURN outputs within an 83-byte limit and restricts several payloads to 256 bytes.
The proposal says these limits would reduce data storage on Bitcoin and keep the network focused on money. It exempts UTXOs created before activation, so existing outputs remain spendable under the old rules. Supporters say the measure would reduce storage demands on node operators. Critics say fee-paying users should decide how they use block space.
Luke Dashjr keeps backing the proposal Bitcoin developer Luke Dashjr continues to support BIP 110. A July 6 crypto.news report said he rejected calls to withdraw it and stated, “It’s too late to cancel BIP110.” He argues that Ordinals, Runes, and similar uses place non-financial data on Bitcoin and raise the long-term cost of storing and serving the blockchain.
Earlier crypto.news report covered Back’s earlier response to supporters who claimed discussion channels had blocked the proposal. Back rejected that claim and said many participants had already reviewed the plan. The report found low node support and no clear backing from a major mining pool at that stage.
Miner support remains far below the threshold BIP 110 uses a modified activation process. Miners can lock it in by signaling support in 1,109 of 2,016 blocks, equal to 55%. The specification sets mandatory signaling before block 963,648 and activation at block 965,664, expected around September 1, 2026. The temporary rules would then remain active for about one year.
Current support remains far below that level. Reporting published July 12 said miner signaling stood at zero in the active period and had never exceeded about 1% in earlier periods. No major mining pool had supported the proposal. Without broad adoption, nodes enforcing BIP 110 could follow a minority chain while other nodes continue accepting existing transaction rules.
Exchanges, wallets, miners, and node operators now face an August planning window. They must decide which software and rules they will support before the mandatory signaling period. Market participants can track centralized exchange reserves through DeFiLlama’s CEX dashboard, though those figures do not measure Bitcoin consensus support. The BIP 110 outcome will depend on software adoption, miner signaling, and user decisions across Bitcoin.
Transfers of Bitcoin between centralized exchanges have dropped to the lowest levels seen in weeks, following Binance’s recent exit from the European Union and European Economic Area. Data from analytics platform CryptoQuant show that exchange-to-exchange flow fell sharply, from about 1,800 BTC on June 14 to just 165.7 BTC by July 12. This represents a 91% decline in only 30 days, with the timeline coinciding closely with Binance’s withdrawal from the region.
Regulatory changes affect Bitcoin network flowsBinance, one of the world’s largest cryptocurrency exchanges, ceased operations across the EU and EEA on July 1, 2026, after it was unable to meet the Markets in Crypto-Assets (MiCA) framework’s requirements. This regulatory shift triggered millions of dollars in asset migration, as European customers moved their Bitcoin holdings from Binance to new or existing accounts with regulated trading platforms.
The buildup to Binance’s exit saw a marked rise in Bitcoin flows between exchanges. Activity spiked in mid-June, with exchange-to-exchange transfers peaking at around 1,800 BTC on June 14. Once users completed their migration, transfer volumes quickly declined, dropping to 165.7 BTC by July 12. This figure marks the lowest activity since before the recent regulatory transition.
European customers significantly increased transfers between exchanges before the July 1 deadline, but after most users completed their asset shift, daily exchange flows sharply decreased, showing overall market activity has cooled.
Industry analysts suggest the sharp fall does not reflect panic selling. Instead, the drop indicates that the majority of European traders had already moved funds to regulated venues, and the extraordinary busy period had passed. The migration period temporarily inflated crypto exchange activity before returning to relatively subdued levels.
Mini dictionary: MiCA (Markets in Crypto-Assets) is a European Union regulatory framework designed to standardize rules for crypto asset service providers and trading platforms in the region, focusing on investor protection and market integrity.
Liquidity impact on Bitcoin’s price movementBitcoin has struggled to break above the $65,000 resistance level in recent weeks, despite several attempts. The reduction in exchange-to-exchange flows suggests limited liquidity, as many European retail traders spent weeks transferring funds and adjusting to new platforms instead of actively trading.
Analysts point to the disruption caused by Binance’s departure. As one of the main trading venues in Europe, Binance accounted for a significant share of spot trading activity. With so many users focused on asset transfers and opening new accounts, regular buying and selling slowed, dampening the upward pressure on Bitcoin’s price.
Recent data does not suggest long-term weakness in the Bitcoin market but rather a temporary adjustment as traders shift to compliant exchanges. Activity may recover once users settle into new platforms and resume normal trading routines.
DateBTC Exchange FlowsJune 14, 20261,800 BTCJuly 12, 2026165.7 BTCIndustry researchers believe that an increase in daily exchange flows back above 800 to 1,000 BTC could signal a return to stable liquidity. Such a recovery would indicate European capital has been redistributed across compliant exchanges, including large global platforms like Kraken and Coinbase as well as local operators.
A continued rise in daily transfer volumes would suggest market liquidity is normalizing and might allow for renewed upward moves in Bitcoin if buying activity returns.
Until then, Bitcoin may continue trading within a relatively tight range, as participants finish adjusting to regulatory changes and the restructured exchange landscape in Europe.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Brian Armstrong, CEO of Coinbase, has proposed a novel approach to addressing the United States’ $39 trillion national debt by utilizing Bitcoin as a “hard-backed currency.” Armstrong argues that the U.S. Constitution does not provide adequate protections against unchecked government spending and the potential loss of reserve currency status. His proposals include advocating for constitutional reforms and leveraging technological advancements in AI, robotics, and cryptocurrencies to foster economic hyper-growth. The idea has sparked discussions within the crypto community about Bitcoin’s potential role as a hedge against fiscal excess, although critics remain skeptical about its feasibility given the current scale of the debt.
The announcement has had varying impacts on prediction markets concerning Bitcoin’s price targets for July 2026. Notably, the market predicting Bitcoin reaching $65,000 shows 84% support for a YES outcome, indicating a high confidence level among participants. However, the sentiment is less supportive for Bitcoin reaching higher targets, with a market for a $67,500 price showing 48% YES, and only 1% YES for an $82,500 target. This suggests that while Armstrong’s proposal may have injected some positivity into Bitcoin discussions, the market remains cautious about significant near-term price jumps.
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Armstrong’s advocacy for Bitcoin as a strategic reserve reflects ongoing debates about the cryptocurrency’s role in global finance. While his plan is ambitious, the lack of immediate concrete actions or high-level financial endorsements tempers expectations. Market participants continue to weigh the potential for Bitcoin as both a financial tool and a speculative asset in addressing large-scale economic challenges.
Key Takeaways Armstrong’s proposal appears to suggest using Bitcoin as a strategic reserve to combat U.S. debt, sparking discussion within the crypto sector. Market pricing implies participants are cautiously optimistic, with significant support for Bitcoin reaching $65,000 but limited confidence in higher targets. The proposal may indicate a broader trend of exploring cryptocurrencies as solutions to economic challenges, though practical challenges remain. What to Watch Observers should monitor any further statements or endorsements from influential financial institutions or policymakers that could shift sentiment regarding Bitcoin’s role in addressing national debt. Developments in legislative or constitutional reform efforts related to Armstrong’s proposals could also impact market perceptions. Additionally, any significant movements in Bitcoin’s price, particularly related to external factors like ETF inflows or macroeconomic conditions, may influence market dynamics and participant sentiment.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 0.8% — — View market → August 1 2026 48.5% — — View market → August 1 2026 23% — — View market → August 1 2026 22.5% — — View market → August 1 2026 2.7% — — View market → August 1 2026 84% — — View market → August 1 2026 0.1% — — View market → August 1 2026 5.2% — — View market → August 1 2026 0.9% — — View market → August 1 2026 10.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 5.5% — — View market → August 1 2026 11.5% — — View market → August 1 2026 1.2% — — View market → August 1 2026 1% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 76% — — View market →
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Somewhere out there, a hobbyist plugged a device roughly the size of a coffee mug into their wall, connected it to the internet, and won the Bitcoin mining equivalent of Powerball. Using a Bitaxe ASIC miner that retails for around $250, a solo miner successfully found a complete Bitcoin block around July 12, 2026, earning the full 3.125 BTC subsidy plus transaction fees.
The expected wait time for a device like this to mine a block? Approximately 18,000 years.
The math that makes this absurd The Bitaxe is a compact, open-source ASIC miner that hums along at roughly 1 to 1.2 terahashes per second. It draws between 15 and 25 watts of power, which is less than a light bulb.
To put the odds in sharper relief: a similar setup running at 6 TH/s, which is already several times more powerful than the winning device, would have daily odds of approximately 1 in 180 million. The miner that actually hit the block was working with even less firepower.
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The block reward of 3.125 BTC translates to somewhere between $200K and $270K depending on the price of Bitcoin at the time.
How solo mining actually works at this scale Solo mining doesn’t mean a miner is completely alone in the wilderness. Hobbyists typically connect to solo mining pools like CKPool or Braiins Solo, which handle the infrastructure of submitting valid blocks to the network. The critical difference from traditional mining pools is that the miner who finds the block keeps the entire reward, rather than splitting it proportionally across all participants.
Multiple solo mining successes by hobbyists running sub-10 TH/s miners have been reported between 2025 and early 2026.
Why the big miners aren’t worried Large-scale mining operations dominate Bitcoin’s total network hashrate by an overwhelming margin. Industrial facilities running thousands of next-generation ASICs are the ones securing the network and collecting the vast majority of block rewards.
Bitcoin’s price didn’t move because of this event. No mining company’s stock reacted. The network kept producing blocks every ten minutes on average, as it always does.
What the event does illustrate is something more fundamental about Bitcoin’s design. The protocol is genuinely permissionless. A $250 device has the same theoretical chance per hash as a $250 million mining facility. The facility just gets astronomically more hashes per second.
What this means for the curious and the cautious Running a Bitaxe costs almost nothing in electricity. At 15-25 watts, you’re looking at maybe a few dollars per month depending on your local power rates. The device itself is a one-time $250 expense.
The real takeaway for anyone considering this path: treat it like entertainment spending, not an investment thesis. At 1 TH/s against the current network difficulty, the expected wait time to mine a block is approximately 18,000 years. But as this hobbyist just demonstrated, statistics describe populations, not individual outcomes.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ripple CEO Brad Garlinghouse has revealed that the company considered shutting down after facing a lawsuit from the US Securities and Exchange Commission (SEC) in 2020 over its XRP token. Garlinghouse explained that Ripple’s leadership debated distributing its XRP reserves among shareholders and ending operations, but ultimately chose to defend the company to protect the jobs of hundreds of employees.
Ripple’s legal struggle and financial burdenThe decision to stay operational came at a high cost. Over four years of legal battles, Ripple spent approximately $150 million in legal fees, and its US business activities slowed significantly for about five years as a consequence of the ongoing litigation.
The SEC not only targeted Ripple as a company but also named Garlinghouse personally in the lawsuit due to his sales of XRP. Regulators proposed dropping the case against him individually in exchange for a fine, but he declined, maintaining that both he and Ripple had acted within the law.
Garlinghouse emphasized that shutting down would have risked hundreds of jobs and explained that both he and Ripple stood their ground to ensure the company’s survival despite tremendous legal pressure.
XRP versus Bitcoin: Comparing transactions and technologyGarlinghouse highlighted differences between XRP and Bitcoin, noting that while an XRP transaction typically completes within four seconds and costs less than a cent, a Bitcoin transaction can take about ten minutes and may cost around $10. He explained that Ripple develops and sells financial software to banks and institutions, rather than individuals.
The company’s products use the open-source XRP Ledger to enable quick, low-cost transactions for clients in the financial sector.
Mini dictionary: XRP Ledger, an open-source blockchain designed for fast, efficient, and low-cost cross-border payments, serving as the underlying system for XRP transactions.
AspectXRPBitcoinAverage transaction speed4 seconds10 minutesAverage fee per transactionLess than 1 centAbout $10Intended useBank and financial institution paymentsPeer-to-peer digital cashSEC lawsuit and regulatory clarity concernsGarlinghouse described the SEC’s approach as outdated, arguing that regulators had attempted to apply financial rules from earlier decades to emerging blockchain technologies. He cited the swift legal reforms that supported the internet industry in the mid-1990s, and suggested that the crypto industry required similarly clear regulations to grow responsibly.
Despite Ripple’s requests for guidance, the SEC insisted that XRP constituted a security rather than a currency or commodity. Garlinghouse argued that securities typically offer holders equity or decision-making power within a company, which was not the case for XRP buyers, who received neither shares nor dividends from Ripple.
Ongoing battle and aftermathRipple remains a privately held company, having raised capital from investors through equity funding in 2012, 2015, and 2016. Garlinghouse maintained that while Ripple held substantial XRP reserves, it did not control the XRP Ledger, and likened XRP’s function more closely to Bitcoin than corporate stock.
The SEC’s action was civil, not criminal, but posed steep penalties. During his visits to the SEC office between 2017 and 2019, Garlinghouse represented himself and consistently denied categorizing XRP as a security, stating he simply sought to explain Ripple’s technology to regulators. He said he was never told by SEC officials that they considered XRP a security during these meetings.
Garlinghouse questioned whether the SEC’s logic would make every XRP seller liable for securities law violations, and described the legal tactics as “distasteful” and “maybe unethical.”
After a four-year court battle, Ripple prevailed, though appeals were considered under the former SEC chair. Garlinghouse noted that a change in SEC leadership during the legal process led to a more open dialogue between the agency and crypto companies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum [ETH] has historically struggled to sustain its outperformance against Bitcoin.
On the technical front, ETH/BTC last posted a strong quarterly rally in Q3 2025, surging 53%, marking its biggest quarterly gain since Q2 2021. However, sellers erased 50% of those gains as the rally lost momentum. This suggests the rotation was temporary, as capital continued to flow into Bitcoin.
Against this backdrop, the ratio’s 5% rally so far in Q3 appears too early to confirm a sustained rotation from Bitcoin into Ethereum. At the same time, Bitcoin dominance is once again pushing toward the key 60% resistance level, gaining 1.5% in July and signaling that capital may already be rotating back into Bitcoin.
Source: TradingView (ETH/BTC) That said, Eric Trump’s recent post on X points in the opposite direction, supporting Ethereum’s rally.
Meanwhile, the on-chain data tells a similar story. Ethereum’s outperformance against Bitcoin [BTC] isn’t happening in isolation. Institutional positioning continues to back the move, with Ethereum ETFs attracting over $128 million in net inflows so far this month, outperforming Bitcoin. Meanwhile, Ethereum’s DATs are recovering, adding further support to Ethereum’s recent strength.
With that said, it may be too early to write off the current ETH/BTC uptrend as just another short-term rotation. The bigger question is whether smart money is positioning ahead of a structural shift that the broader market has yet to price in.
Ethereum’s latest catalyst puts the ETH/BTC ratio in the spotlight A key catalyst may be reinforcing the institutional rotation into Ethereum.
Tom Lee pointed to Robinhood’s recently unveiled Layer 2 chain as a major differentiator, calling it a breakout product that has already generated more volume than many established DEXs. More importantly, the network uses ETH as its native gas token, and settles on Ethereum Layer 1. As activity on the chain grows, each transaction feeds back into Ethereum’s ecosystem, strengthening the long-term demand case for ETH.
The on-chain data backs this up. As the chart below shows, the amount of ETH bridged from Ethereum Layer 1 to the Robinhood Chain has jumped nearly 10x over the past week, surpassing $100 million. That suggests users are actively moving liquidity into Robinhood’s Layer 2 ecosystem, with ETH emerging as the network’s core asset for gas, settlement, and on-chain activity.
Source: Token Terminal In this context, Ethereum’s outperformance against Bitcoin may be more than just another rotation.
Instead, the move looks increasingly driven by improving fundamentals, as institutional inflows, growing Layer 2 activity, and rising on-chain demand continue to strengthen Ethereum’s long-term investment case. If that trend holds, the ETH/BTC breakout could be the first sign of a broader capital rotation into Ethereum through Q3.
Final Summary Ethereum’s rally against Bitcoin is backed by ETF inflows, stronger on-chain activity, and Robinhood’s Layer 2 ecosystem. If these trends continue, the ETH/BTC breakout could signal a broader shift of capital into Ethereum in Q3.
Dogecoin (DOGE) is drawing renewed attention as it approaches a significant technical level that some analysts identify as a potential catalyst for a breakout. While current trading patterns indicate a stabilization of bearish momentum, broader market sentiment continues to play a critical role in DOGE’s near-term trajectory.
Technical signals and current DOGE priceDogecoin is currently trading at $0.07306, reflecting a 1.42% loss over the past 24 hours. The cryptocurrency’s 24-hour trading volume stands at $423.83 million and its market capitalization totals $11.31 billion. Despite recent downward price action, technical analysts note a gradual decrease in selling pressure, which suggests the possibility of a bullish reversal.
Javon Marks, a digital asset analyst, emphasized that DOGE has consistently exhibited a technical price pattern throughout previous market cycles. Marks and other commentators have pointed to repeated formations that historically preceded significant upward rallies for the coin.
Recent analysis of DOGE charts indicates a potential breakout phase, which, if buying momentum builds, could propel the token into a parabolic rally. Analysts have outlined possible upside targets at $0.6533, $1.20, and $2.80. Reaching these levels would represent an 8 to over 10 times increase compared to the current price.
However, several analysts have cautioned that these targets remain speculative and are closely tied to the direction of the broader crypto market, particularly Bitcoin. The future of DOGE is likely to remain tied to overall market sentiment and the trajectory of leading cryptocurrencies.
Recent price history and market structureAccording to technical data from TradingView, Dogecoin transitioned from a strong spring rally, which lifted the price above $0.1150 in mid-May, to a summer period dominated by bearish sentiment. June’s selling pressure pushed DOGE down to the $0.0700 region, and it is now trading 1.15% below the $0.07320 level.
The Relative Strength Index (RSI) for DOGE currently sits near 35.95. This lower reading typically suggests the asset is oversold, signaling weakening selling pressure, but also highlights that the downward trend has remained in place since May. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator, though still in negative territory, shows a narrowing histogram, reinforcing signs that bearish momentum is fading.
Mini dictionary: MACD (Moving Average Convergence Divergence), a momentum indicator used in technical analysis, helps reveal changes in the strength, direction, momentum, and duration of a price trend in an asset’s chart.
PeriodDOGE Price HighDOGE Price LowMid-May 2024Above $0.1150$0.0900June 2024–$0.0700Market outlook and investor cautionWhile technical signals are increasingly supportive of a turnaround, analysts urge caution. Expectations of a recovery for DOGE rely heavily on buyers holding existing support levels and reclaiming key resistance. A breakout accompanied by rising trading volume could attract new investors and reinforce the bullish scenario.
Analysts have stated that, with upside targets between $0.6533 and $2.80, DOGE could post substantial gains if a breakout occurs, but stressed that Dogecoin’s next moves remain largely dependent on overall crypto market conditions and Bitcoin’s price stability.
Continued sideways movement or renewed declines in Bitcoin and other major cryptocurrencies could prolong the current stagnation in the Dogecoin market. Observers are monitoring Bitcoin’s recent steadiness as a potential signal for improvements across the wider crypto sector.
Dogecoin, originally created as a meme-based cryptocurrency in 2013, now ranks among the largest cryptocurrencies by market value and is closely watched for large price swings often fueled by social media discussions and retail enthusiasm.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Someone filed a lawsuit in New York trying to claim ownership of 39,069 dormant Bitcoin addresses. The Bitcoin Policy Institute would very much like them to not succeed.
BPI, a non-partisan think tank focused on Bitcoin policy, has filed a motion to intervene in a New York County Supreme Court case that could redefine what it means to “own” Bitcoin you haven’t touched in a while. The case, filed in May 2026 by a pseudonymous plaintiff called “Noah Doe” alongside two Wyoming entities, argues that Bitcoin sitting untouched in wallets for five to six years qualifies as abandoned property under New York Personal Property Law Article 7-B.
The estimated holdings in those dormant wallets: approximately 3.7 million BTC. At the time of filing, that stash was valued somewhere between $237 billion and $293 billion.
The legal theory, and why it matters BPI’s position is straightforward. Self-custodied Bitcoin isn’t abandoned just because it hasn’t moved on-chain recently. The whole point of self-custody is that you hold your own keys, on your own timeline, without needing to prove to anyone that you’re still paying attention.
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The Digital Chamber, a prominent blockchain advocacy group, filed an amicus brief on July 6 supporting BPI’s stance. Their argument cuts to the core concern: if a court accepts the idea that dormant wallets are abandoned property, it creates legal jeopardy over title for every self-custodied wallet in existence.
Cracks in the plaintiff’s case The lawsuit has already gotten smaller. Some of the originally targeted wallets have shown on-chain movement since the case was filed, which forced the plaintiffs to narrow their claims.
This detail is quietly devastating to the abandonment argument. Bitcoin wallets don’t come with expiration dates. There’s no mechanism in the protocol that transfers ownership after a period of inactivity. The blockchain doesn’t care whether you last moved your coins five minutes ago or five years ago.
BPI filed its motion to intervene in early July 2026, recognizing that this case could set a far-reaching precedent affecting property rights worth hundreds of billions of dollars.
What this means for investors If you hold Bitcoin in a self-custodied wallet, this case should be on your radar. A ruling in favor of the plaintiffs wouldn’t just affect dormant wallets. It would fundamentally alter the legal landscape around Bitcoin ownership in New York, and potentially beyond.
On the other hand, a ruling that self-custodied Bitcoin cannot be classified as abandoned property would be a landmark win for digital property rights. It would reinforce the legal legitimacy of long-term holding strategies and provide clarity that has been conspicuously absent from US digital asset law.
The BPI and Digital Chamber interventions signal that the crypto industry isn’t going to let this question be answered quietly. With nearly 3.7 million BTC potentially at stake and a legal precedent that could ripple across every jurisdiction in the country, this New York courtroom has become ground zero for the future of digital property rights.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The cryptocurrency market is a 24/7 arena filled with constant motion and instant changes. While you’re asleep at midnight, Bitcoin’s price can suddenly surge, or while you’re sitting in a meeting, your favorite altcoin might hit a local bottom. In such a fast-moving market, gaining an edge requires one essential thing: a smart assistant that delivers complete, real-time data without delay. This is exactly where a lightweight yet highly capable app steps in available on both iOS and Android, natively supporting English, Spanish and Turkish, and removing the hassle of mandatory sign-ups: CryptoAppsy.
Everything on a Single ScreenFrom the moment you open the app, you’re greeted with real-time prices for thousands of cryptocurrencies from Bitcoin to the latest newly launched altcoins. CryptoAppsy processes data pulled from global exchanges within milliseconds and delivers automatic updates every 5 seconds. This ensures you never miss arbitrage opportunities and can catch sudden price movements the moment they happen.
In the Dashboard tab, you can view your favorites, portfolio, price alerts, and personalized news all on a single screen and updated automatically in real time. Instead of jumping between multiple exchanges or pages, you stay focused on the assets that matter most to you. Below, you can see examples of the price and dashboard screens.
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A Feature You Won’t Find Elsewhere: Multi-Currency Portfolio ManagementCryptoAppsy also offers a smart portfolio management tool designed to help you track your investments holistically. When you manually define your portfolio within the app, your total asset value is automatically recalculated every 5 seconds using live exchange rates. There’s no need to create spreadsheets to see your performance your real-time profit and loss figures are always visible on screen.
What truly sets CryptoAppsy apart is its unique multi-currency support. Even if you purchased different coins using different fiat currencies such as USD, TRY, EUR, JPY, GBP, CNY, AUD, CAD, CHF, HKD, or SGD all your positions are tracked simultaneously and presented as a total portfolio value in any fiat currency you choose. For example, even if you bought BTC in USD and ETH in GBP, the app instantly aggregates everything using live rates and displays your total value in USD, EUR, or any supported currency. This level of flexibility is a major convenience rarely found in similar apps.
A News Feed Tailored to Your PortfolioIn the crypto world, information is just as valuable as capital. However, cutting through the noise can be difficult. CryptoAppsy solves this with its integrated News section. The app delivers up-to-date news summaries in the language you’re using Turkish, English, or Spanish curated by experienced editors from dozens of trusted sources and presented in clear, concise formats.
The best part? You can filter the news feed to show only articles related to the cryptocurrencies in your own portfolio. As shown above, once you activate the My Portfolio filter, the app lists only the latest news relevant to your investments. A single tap is enough, and the app remembers your preference every time you open it. You can also filter news by specific coins such as BTC or ETH and access the original sources with just one touch.
Additionally, the Live Feed within the News tab lets you follow breaking developments instantly on a single screen. The Weekly Highlights section shows all major upcoming events for the week, clearly indicating the day and time of each. This way, instead of wasting time on social media rumors, you get critical, market-moving information directly from reliable sources without extra effort.
Discover Newly Launched Coins InstantlyThe Index tab features comprehensive crypto market data along with newly listed cryptocurrencies. Coins that are freshly listed on exchanges appear instantly, giving you first-hand access to details such as launch time, price, volume, market capitalization, and even the blockchain they’re built on. By discovering new projects early before prices peak you gain the opportunity to position yourself ahead of the market. Advanced chart views also allow you to review historical data with just a few taps and analyze trends effortlessly.
Key Macroeconomic Indicators at a GlanceWithin the Index section, CryptoAppsy also includes a Macro Data card. Here, you can track the most important indicators affecting crypto markets, such as upcoming Federal Reserve meeting dates, Fed interest rate expectations, U.S. 10-year Treasury yields, the DXY dollar index, and U.S. unemployment rates. Each data point is interactive, allowing you to view historical charts with a single tap.
Smart Price AlertsIn crypto markets, anything can happen at any moment and it’s not always possible to stay glued to a screen. That’s why CryptoAppsy offers advanced 🔔 smart price alerts. When a cryptocurrency reaches a price level you’ve set, the app sends you an instant push notification. Whether it’s a sudden surge or a sharp drop, you’re informed immediately even if you’re fast asleep at night. These alerts help users avoid emotional decision-making and stay aligned with their predefined strategies. Even when the app isn’t open, CryptoAppsy continues monitoring the market in the background, standing guard on your behalf so you never miss an opportunity.
What Users Say: A 5.0/5 Rated ExperienceUser feedback clearly confirms the value CryptoAppsy delivers. With ⭐5.0 on the App Store and ⭐4.7 on Google Play, reviews frequently highlight phrases like “perfect for beginners,” “excellent news summaries,” “clean and eye-friendly design,” and “no need for another app.” Many users also note that fast notifications help them act on opportunities without delay. This high satisfaction shows that CryptoAppsy is a reliable and practical solution for both newcomers and active traders alike.
Thanks to its intuitive design, even first-time users can navigate CryptoAppsy without wondering, “What should I do next?” The interface is simple and beginner-friendly, while remaining fast and performance-focused for experienced traders. Its lightweight structure ensures smooth operation even on older devices. There’s no email verification or registration required just download the app and start tracking the market within seconds. Beginners can explore confidently, while professionals benefit from the speed required when milliseconds matter.
Whether you’re preparing to make your first crypto investment or actively trading on a daily basis, CryptoAppsy is the ideal companion for simplifying market complexity and saving you time. With real-time prices, personalized portfolio tracking, smart alerts, clean and live news feeds, and instant access to newly listed coins, CryptoAppsy stands out from the competition. Download CryptoAppsy now from the App Store or Google Play, take control of the crypto market, and start seizing opportunities today.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Polymarket’s 5-minute Bitcoin prediction markets have become the crypto world’s fastest casino, and the house advantage belongs to whoever has the fastest bot. The platform’s binary contracts, which let traders bet on whether Bitcoin will be up or down at the end of each 5-minute window, have racked up $4 billion in cumulative trading volume since launching on February 12, 2026.
Traders are synchronizing Polymarket positions with spot Bitcoin trades in the final seconds of each 5-minute interval, effectively nudging the price just enough to tip the contract outcome in their favor. In English: they’re buying the prediction market equivalent of “Bitcoin goes up,” then actually pushing Bitcoin’s price up with a well-timed spot trade right before the clock runs out.
The speed gap is the whole game High-frequency trading firms, AI-powered bots, and algorithmic agents have flooded into Polymarket’s shortest-duration product. The first week alone generated roughly $200 million in volume, a pace that made clear this wasn’t a niche curiosity.
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Retail traders trying to compete face a brutal math problem. Market spreads on these contracts range from 2 to 5 cents, which might sound trivial until you consider the contracts are priced around $0.50. The standard fee runs approximately 1.56% at the $0.50 pricing level. Reported average win rates for live trading bots tell the story with uncomfortable clarity: 25% to 27% below breakeven.
How the manipulation works A trader takes a position on Polymarket predicting Bitcoin will finish the 5-minute window above its starting price. With seconds remaining, that same trader places a spot Bitcoin buy order large enough to push the price in the desired direction. The Chainlink oracle that Polymarket uses for price resolution and settlement captures that final-second price, the contract resolves in the manipulator’s favor, and the payout arrives.
For the prediction market industry, the manipulation concerns raise questions about settlement mechanism design. Using a single price snapshot from a Chainlink oracle at the exact end of a 5-minute window creates a precise target for manipulation. Alternative approaches, like using a time-weighted average price over the final 30 seconds, could raise the cost and complexity of gaming the settlement.
The bigger picture for prediction markets The 5-minute Bitcoin contracts have cannibalized longer-duration contracts on the platform, pulling volume and attention toward the shortest possible timeframes.
What this means for investors For retail traders tempted by the apparent simplicity of a binary up-or-down bet, the combination of spreads, fees, and speed disadvantages creates a structural edge for automated participants that individual traders cannot realistically overcome. The $4 billion in cumulative volume proves demand exists. The question is whether that demand can be served in a way that doesn’t systematically disadvantage the majority of participants.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
