Track market-moving stories before they get noisy

Strategy, known as the largest corporate holder of Bitcoin, has paused its Bitcoin acquisition streak for four consecutive weeks. This marks the firm’s longest break from BTC purchases in nearly two years as it moves to strengthen its cash position before the release of its second-quarter earnings report.

Michael Saylor’s post triggers speculation on Bitcoin acquisitionOn July 26, Michael Saylor, Executive Chairman of Strategy, posted a Bitcoin purchase chart on X, captioned, “We’re gonna need another color.” This message fueled speculation among followers, with many anticipating another major Bitcoin acquisition. The anticipation was further elevated by a similar post a few days prior, in which Saylor hinted at purchasing more Bitcoin but instead oversaw a substantial BTC sale. These posts echo a longstanding pattern of Saylor hinting at upcoming Bitcoin buys, usually followed by a US Securities and Exchange Commission (SEC) disclosure.

In Saylor’s words on X, “We’re gonna need another color,” many interpreted the statement as a nod towards further BTC accumulation.

Recently, however, this historical pattern has shifted, with the company departing from routine BTC purchases after such announcements. At the same time, Strategy’s latest public filings indicate a directional change in capital management strategy.

To date, Strategy has conducted 113 Bitcoin purchases for treasury management, holding a total of 843,775 BTC. These were acquired at an average price of $75,476 per Bitcoin, totaling $63.69 billion in investment.

At the current market price of $65,373.96 per Bitcoin, the company’s BTC holdings are now valued at $55.1 billion. This reflects a notional decline of approximately $8.6 billion compared to the initial investment amount.

HoldingTotal BTCAverage Purchase PriceTotal InvestmentCurrent ValueDifferenceStrategy843,775 BTC$75,476$63.69B$55.1B-$8.6BStrategy has also encountered valuation pressure. Since late June, the firm’s market Net Asset Value (mNAV) has fallen below 1, indicating that its market capitalization has dropped beneath the market value of its Bitcoin holdings. As a result, issuing additional shares to fund more BTC acquisitions has become less attractive.

Mini dictionary: mNAV, or market Net Asset Value, compares a company’s market capitalization with the value of its underlying assets. A mNAV below 1 implies that the firm’s market value is less than the value of the assets it holds.

Capital management shift: Building cash reservesInstead of continuing aggressive Bitcoin buying, Strategy has opted to boost its cash holdings. Between July 13 and July 19, the firm sold more than 2.73 million shares of MSTR, generating approximately $263.5 million in net proceeds. According to a July 20 SEC filing, the company’s cash balance now stands at roughly $3.225 billion.

Despite this buildup, Strategy retains the option to sell an additional $23.53 billion in common stock via existing at-the-market programs. The company has also approved a $1 billion buyback for both digital credit securities and its common stock, and can liquidate up to $1.25 billion in Bitcoin if needed.

CryptoQuant Head of Research Julio Moreno suggested that the company’s annualized dividend commitments have almost quadrupled to $1.2 billion, while cash reserves have dropped 38% in 2026. Dividend coverage fell rapidly, prompting Moreno to recommend ending automatic BTC buys and focusing on rebuilding liquidity.

On July 23, Strategy updated its mNAV calculation, with representatives clarifying that figures before this change are no longer directly comparable. The firm’s leadership appears to be prioritizing a more conservative approach to capital allocation in light of increased financial obligations.

In June, CryptoQuant’s Julio Moreno urged Strategy to scale back Bitcoin purchases and replenish cash, highlighting that the ability to cover dividends from reserves had sharply declined over the past six months. Moreno emphasized the need for any future BTC purchases to follow an investment-driven philosophy rather than an automatic acquisition policy.

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.

Bitcoin was exactly where it spent most of last trading week at the end of the weekend, with $64,409 as resistance and $64,253 as support. Bitcoin traded at $64,366 on July 26.

A trading range of this size is practically nonexistent.

Zooming out makes the image only slightly less crowded: Bitcoin has been stuck in a vicious cycle for almost three weeks, failing to break out of the $63,000-$66,000 region, and stubbornly refusing to fall below the low $60s despite many chances to do so.

The token gained over one per cent on Monday to trade above $65,250, but still below the top of the range of about $66k.

The storyline here is the reluctance to go in any direction.

Currently, Bitcoin is being impacted by two seemingly incompatible factors: first, the Federal Reserve has decided against cutting interest rates, and second, a war in the Middle East is pushing oil prices towards $100 per barrel, which is bad news for risky assets.

On the other hand, every time Bitcoin's value drops, there is an ETF sector that grudgingly keeps reinvesting funds into the cryptocurrency.

Neither side has a distinct advantage.

Last week, leveraged positions worth $312 million were liquidated, but the market has done nothing to move the needle.

The Week in Flows: Institutions Are Undecided, Not Absent

Not the price, but ETF activity is the clearest barometer of mood, and it reversed course twice last week.

The seven sessions before July 23 saw a remarkable surge of roughly $1 billion into spot Bitcoin ETFs.

On July 24, however, net outflows of $225–240 million brought this encouraging trend to a sudden halt.

A further $240 million went down the drain on July 25, mostly as a result of BlackRock's IBIT, which dropped more than $212 million in a single trading session.

The net weekly total was a respectable $33 million, which is positive in and of itself but is a marked decline from $75 million the week before and a drop in the bucket when contrasted with the recent receipt of one billion dollars.

Looking at things from a broader perspective makes it clear that the vulnerability is not an accident but is built into the architecture itself.

Five days of positive $154.5 million, one month of negative $1.83 billion, three months of negative $3.91 billion, and six months of negative $3.07 billion make up IBIT's flow ledger, which presents an intriguing story via six numbers.

The US spot Bitcoin ETF complex has seen net outflows of about $5.4 billion so far in 2026, which is a big change for products that have been available since 2024 and have influenced the story of institutional adoption.

After recovering from a low of about $74.4 billion, the complex's total net assets are now at $80.9 billion.

When contrasted with the mood in the latter quarter of 2025, this number does show a considerable drop.

Since the creation and redemption of ETFs now function as a mechanical driver of spot prices, rather than just an emotional one, this is more important than simply changes in headline prices.

According to studies done this year, approved participant flows are responsible for almost 45% of the weekly price variation of Bitcoin.

It appears that the daily flow ledger serves a purpose beyond expressing market mood, more like a supplementary order book.

Ignoring the subjective values of individual traders, the systematic selling that caused $2.73 billion to depart over 10 sessions in late June was evident in the market.

On the return voyage, the same logic operates in the other way, explaining why Bitcoin's spikes this month seem more like hesitant mean-reversion than a sustained trend.

In the five sessions before July 23, an inflow of $211 million was recorded, marking a significant period of activity for Ether ETFs.

On July 24, nevertheless, a $70.6 million drain put an abrupt end to this pattern.

The fact that both asset classes saw a change on the same day is consistent with other events that happened that week and suggests a single macro driver rather than a rotation involving individual assets.

What the Charts Are Actually Saying

From a technical perspective, Bitcoin presents a landscape of conflicting indicators that create a scenario where taking action may seem unwarranted.

The daily RSI is currently hovering around 50 - a perfectly neutral reading from the oscillator- and this has remained consistent for more than a week.

This indicates that momentum has stabilised, showing no signs of bearishness. The 14-day ATR of approximately $1,680 (2.6% of spot) indicates that realised volatility has contracted, even with ongoing headline risks - Fed, Iran, CLARITY - remaining high, a discrepancy that usually doesn't persist.

When compared to the day-to-day perspective, the larger framework offers more insight.

In the past fifteen days, the price of bitcoin has fluctuated between $61,769 and $66,910.

According to the Fibonacci retracement for this range, the market's centre of gravity, which is represented by the 50% level, is at $64,340.

This level is near the price at the end of the week.

Reclaiming and maintaining a position above the 61.8% retracement at $64,946 will pave the way towards the $65,700-$65,800 range.

This level has formed a robust resistance zone with the 50-day EMA and upper Bollinger Band, which has thwarted multiple attempts since early July.

To counteract the "lower high" pattern that has been in place since Bitcoin's failed effort to hit $70,000 in June, the bulls must break through the $66,900 to $67,000 region, which is a critical resistance level.

According to TradingView, on the downside, the crucial level to keep an eye on is $61,400-$61,800.

This zone has consistently been maintained during every test since the low at $57,750 on July 1, and it is also the bottom of the current swing range.

If the price drops further below this level, especially with increased buying pressure, it might go all the way to $58,300 or, even worse, the low-$55,000s, where a bigger head-and-shoulders pattern on the long-term chart would be confirmed.

Although the short-term outlook seems neutral, Bitcoin is still categorised as negative in longer-term technical analyses within that timeframe.

Just a friendly reminder that while mood has improved thanks to this month's stability, the general trend has remained the same.

The total maximum pain level stays below $66,000, which is consistent with the options strategy that suggests a range-bound market.

Leveraged longs have not recovered the crowding observed before the collapse in June, as the funding on perpetuals continues near neutral, despite the put/call ratio increasing from its lowest position in many months.

Bitcoin isn't as heavily leveraged as it usually is in the days leading up to a Fed meeting, which is perhaps the most encouraging discovery from the data.

Crypto Bulls Bet on Ceasefire

Over the weekend, crypto experts were predicting a possible recovery on the belief that the Iranian dispute was drawing to a close and that oil prices would fall as a result.

But recent diplomatic events pointed differently.

Analyst Michaël van de Poppe predicted a successful week, stating on Sunday that Iran had refrained from striking and the US had refrained from attacking for days.

As a result, Brent fell 10% to $87. "Bigly" (he added), this will help Bitcoin and the cryptocurrency market.

Bitcoin has yet to surpass the crucial threshold, but the MNFund Founder anticipated it would do so with the decline in oil prices.

He mentioned that the ability of BTC to maintain a value of $65,000 during a period of intense market activity demonstrated a strong underlying resilience.

"Party time" is on the horizon once you surpass the resistance zone, he noted.

Similar thoughts were expressed by analyst Ted Pillows, who said that oil prices might fall sharply during a market rise if the halt continues.

The discussions were moving forward, but they were not aligned with what the bulls were betting on.

The US and Iran responded on Sunday to a proposal put out by Pakistan and Qatar, which alleged that Iran would quickly reopen the Strait of Hormuz in return for the removal of sanctions on Iranian oil sales and Washington's port blockade, according to Sunday's Al Arabiya report.

A media report quoting a source showed that Iran has temporarily halted talks instead of completely withdrawing.

Also, to speed up the reopening process, Tehran informed Pakistani authorities that it would not be accepting their proposal to build a new route across the strait.

What Other Technical Readings Show

TradinView's technical analysis overview for the coming week based on key data from moving averages, oscillators, and pivots continued to point to a sell signal.

Source: TradingViewWhile the long-term indicators of moving averages align with the overall analysis, Oscillators, built for short-term trading and momentum analysis, pointed to a buy signal.

Source: TradingViewSeparately, InvestTech's Algorithmic Overall Analysis and one- to six-week recommendation gave a hold signal.

The research noted, "Bitcoin has broken the floor of the rising trend channel in the short term, which indicates a weaker initial rising rate. The token is between support at $64,300 and resistance at $66,000."

Source: InvestTechInvestTech added, "A definitive break through of one of these levels predicts the new direction. The currency is assessed as technically slightly positive for the short term."

Licensed to Shill: Retail Barely Touches Stablecoins – Treasury & Remittance Are the Real Adoption (Jeannie Lim, Xweave)

At Xweave, Jeannie Lim says her team moved $1 million for an e-commerce client in under three minutes, cutting settlement costs 30% against a Tier 2 bank’s SWIFT rate.

BlockheadBlockhead

Vanguard Group, the asset management giant that once blocked its clients from buying spot Bitcoin ETFs, just added another 529,105 shares of Strategy to its portfolio. That brings Vanguard’s total position to roughly 10.5 million shares worth $993.5 million.

In English: the company that said “no thanks” to Bitcoin is now sitting on nearly $1 billion of the most Bitcoin-correlated stock on the market.

The quiet billion-dollar bet The $50 million increase is, by Vanguard’s standards, a rounding error. The firm manages trillions of dollars across its index funds and ETFs.

Strategy, formerly known as MicroStrategy before its rebrand, remains the single largest corporate holder of Bitcoin on the planet. The company has spent years converting its balance sheet into what is effectively a leveraged Bitcoin vehicle, accumulating hundreds of thousands of coins in the process.

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When spot Bitcoin ETFs launched in the US, Vanguard was conspicuously absent from the party, refusing to offer them on its brokerage platform.

Why Vanguard keeps buying what it claims to dislike Vanguard is primarily a passive investor. Its funds track indexes. If Strategy is in the index, Vanguard buys it. The outcome is the same: nearly $1 billion of one of the world’s largest asset managers’ capital is now tied to Bitcoin’s price trajectory through a single stock.

At various points, Vanguard’s MSTR holdings have reportedly exceeded 20 million shares, which would translate to more than 8% ownership of the company. The current 10.5 million share position suggests the firm has trimmed and rebuilt this stake multiple times as index weightings shift.

Institutional ownership of MSTR surged in Q1 2026 despite the stock’s well-documented volatility.

What this means for the broader market Strategy has made Bitcoin embedding its entire corporate strategy. Under Michael Saylor’s leadership, the company has issued billions in debt and equity to buy more Bitcoin, effectively turning MSTR into a publicly traded Bitcoin holding company. Every major index fund that includes MSTR becomes, by extension, a fractional Bitcoin holder.

Strategy’s balance sheet is leveraged to Bitcoin in a way that amplifies both gains and losses. If Bitcoin enters another prolonged downturn, Vanguard’s $993.5 million position would shrink accordingly. Unlike an active manager who could cut the position on conviction, Vanguard’s passive funds would simply ride it down until index weightings adjusted.

While Vanguard avoided the spot Bitcoin ETF race, rivals like BlackRock and Fidelity jumped in aggressively and captured billions in assets.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

XRP price rose 0.69% to $1.11 as regulatory optimism and broader market gains supported demand. The global crypto market climbed 1.45% to $2.23 trillion, while Bitcoin reclaimed $65,000. 

The Senate is now under review to pass the CLARITY Act by investors. A potential vote in the week of August 3 might influence the future trend of XRP in the short term and broader institutional trust in crypto markets within the global market.

Senate Unveils Unified CLARITY Act Draft Ahead of Possible August 3 Vote A revised proposal was issued by senators, combining ideas of the Banking and Agriculture committees. This is the first document that comes with an ethics provision. A motion to commence formal consideration can be received on Monday or Tuesday. Senate leaders could then schedule a floor vote during the week of August 3.

The bill aims at providing more transparent oversight guidelines to digital assets and other participants of the market. The advancement would enhance regulatory consistency among exchanges, issuers and investors and institutions in the United States.

🚨NEW CLARITY ACT DRAFT MERGES COMMITTEES, ADDS ETHICS RULES!

A revised version of the Clarity Act has been released, combining the Senate Banking and Agriculture Committee texts and introducing an ethics provision for the first time, CoinDesk reports.

A motion to proceed is… pic.twitter.com/Vc3TNIHSQD

— Crypto Banter (@crypto_banter) July 27, 2026

XRP is also vulnerable to the legislative cycle since more transparent regulations can facilitate broader institutional involvement. Any delays or retracted agreements would undermine new ground.

Crypto Market Gains as Bitcoin Price Reclaims $65,000 The crypto market also improved as investors embraced regulatory developments and reduced tensions. Bitcoin price moved above $65,000 after its fourth consecutive weekly gain.

The United States and Iran paused attacks for a second day, pushing oil prices down 5%. Ethereum price ended at over $1,960 and XRP price at close to $1.10. The momentum indicators indicated a slight positive bias in assets.

Markets focused on the Federal Reserve’s July 29 decision. CME FedWatch assigned a 36.3% chance of a rate increase. The future action of XRP can be based on the Senate development, the stability of Bitcoin, and the information given by the Fed.

Source: CME data XRP Open Interest Reaches $2.43B as Derivatives Trading Accelerates XRP derivatives market showed increased trading volume with a total volume of 18.32% increasing to $1.28 billion. Open interest grew by 0.68% to become 2.43 billion, with a slight rise in active futures positions.

Options trading posted the largest percentage gain, climbing 96.23% to $2.90 million. Options open interest also advanced 3.45% to $67.88 million during the reporting period.

Source: Coinglass data Futures trading was still prevalent as the total open interest was much higher than the options market value. The figures indicated an increase in trading in XRP derivatives, but the volume increased at a rate higher than open interest.

XRP Price Prediction: Will a Break Above $1.12 Send XRP to $1.15? The XRP price has soared to $1.11 following the support level of $1.09 defended by the buyers in the recent four-hour session.

The Relative Strength Index was close to 50.85 which indicated balanced momentum with no overbought. Meanwhile, the MACD histogram changed to positive after the MACD line crossed the signal line.

The XRP price was trading close to $1.107, and it was above the critical level of $1.10 as it rebounded following the July 25 fall. Price action is currently under direct pressure at $1.12 that declined on numerous recovery efforts.

Tradingview A four-hour close higher than confirmed above $1.12 may kick off the move to the stronger $1.15 resistance area. The subsequent buying momentum can now focus on $1.16, to which the sellers just halted the last surge.

But the inability to hold onto $1.10 will leave XRP vulnerable to a fresh decline to $1.09 and 1.08. Further downward movement can put the area of support at $1.06 at the forefront.

How Will Bitcoin, Ethereum and XRP React if CLARITY Act Passes or Fails?

Leading cryptocurrencies lifted late on Sunday alongside stock futures as investors weighed the pause in hostilities between the U.S. and Iran.

Overnight Rally For CryptoBitcoin lifted to $65,500 late in the day, only to face sharp resistance from the bears. Trading volume rose nearly 9% over the last 24 hours.

Ethereum followed a similar path, spiking to an intraday high of $1,960 only to reverse sharply and retreat lower.

Over $200 million was liquidated from the cryptocurrency market in the last 24 hours, with $160 million in bearish short positions erased, according to Coinglass data.

Bitcoin’s open interest fell 1.75% over the last 24 hours. A decrease in open interest alongside an increase in spot price typically indicates short covering, signaling that short sellers are buying back contracts to exit positions.

That said, "Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

The global cryptocurrency market capitalization stood at $2.22 trillion, following a contraction of 0.54% over the last 24 hours.

Stock Futures Surge Amid Pause in FightingStock futures rallied overnight on Sunday. The Dow Jones Industrial Average Futures jumped 253 points, or 0.49%, as of 8:50 p.m. EDT.  Futures tied to the S&P 500 gained 0.66%, while Nasdaq 100 Futures climbed 1.21%.

The U.S. has held off attacking Iran since Friday night after striking for 13 days. Iran has also stopped its retaliatory attacks since then. However, Washington continued its naval blockade of Iranian ports.

Is Bottom Finally in?Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, declares the cryptocurrency market bottom is “very likely” in, with a strong bet on the Ethereum ecosystem and altcoins outperforming Bitcoin.

“Big week upon us,” the analyst projected.

Jesse Olson, a technical analyst focused on cryptocurrency charts, also identified a bullish bottom signal for Bitcoin where the orange line crossed above the purple line on his custom Rainbow Moving Average indicator.

The indicator uses multiple-layered moving averages plotted in different colors to spot market trends and find reversal points.

“Price was at $16,900 when the cross happened. Weeks later, bull run had begun,” Olson stated. “Few months to go, buy the right dip.”

Photo Courtesy: Marc Bruxelle on Shutterstock.com

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Crypto researcher SMQKE has drawn attention to what he describes as the largest untapped opportunity for XRP and XLM, focusing on their roles in the global market for institutional cross-border transactions.

Institutional payments offer larger growth opportunitiesSMQKE asserted that the true value proposition for both XRP and XLM lies well beyond consumer remittances. He emphasized that banks and financial institutions move significant sums internationally each day, presenting a much larger market for blockchain platforms designed for business-to-business settlements.

He expressed confidence in the platforms by stating,

XRP and XLM will target the big money. The big money is in cross-border payments; that’s why Ripple and Stellar exist. XRP plus XLM equals big money. Watch.

To further illustrate his point, SMQKE shared a video elaborating on the distinct market focus for Ripple and Stellar. Rather than replacing established retail money transfer firms, both networks are designed to facilitate high-value business payments between major financial institutions.

Ripple is the company behind the XRP ledger, specializing in solutions for rapid, low-cost cross-border transactions. Stellar develops the XLM network, aiming to connect financial institutions and enable fast, affordable transfers worldwide.

Mini dictionary: SMQKE – A social media-based cryptocurrency researcher known for sharing market insights and analysis with a focus on blockchain payment technologies.

Video highlights backend focus of Ripple and StellarIn the video shared by SMQKE, the speaker distinguishes between consumer remittance businesses such as Western Union and blockchain-based networks like Ripple and Stellar. The explanation emphasizes that retail money transfer services are unlikely to disappear; instead, these firms are expected to gradually upgrade their back-end infrastructure with blockchain solutions.

The video states that business-to-business payments across borders represent a substantially greater financial opportunity compared to consumer remittances. High-volume payments between institutions currently incur significant costs and inefficiencies, which blockchain tech could address.

Ripple and Stellar are portrayed as backend networks designed for institutional participants. The video notes that these platforms enable banks and major firms to settle international transactions more efficiently, reducing fees and settlement times compared to traditional systems. The ability to move transaction data quickly, even ahead of funds themselves, was highlighted as a key advantage of distributed ledger technology.

Rather than focusing on people sending small amounts to family members, the true opportunity for blockchain networks lies in enabling banks to transfer large sums across borders in a faster and more cost-effective manner.

Ripple’s permissioned network vs. Bitcoin’s open ledgerThe video also compares the architectures of Ripple and Bitcoin, noting that Bitcoin operates as an open, permissionless ledger where anyone can participate without approval. Ripple, however, is described as a permissioned network, allowing only approved institutions to join and transact.

In practical terms, an international payment over the Ripple network typically involves both sending and receiving banks that have agreed to use XRP as a settlement medium via trusted validator nodes within the network. This institutional approach is aimed at meeting compliance, privacy, and regulatory requirements.

FeatureRipple (XRP)Stellar (XLM)Bitcoin (BTC)Network typePermissionedPermissionlessPermissionlessMain usersBanks, financial institutionsBanks, institutions, remittance providersGeneral public, individualsPrimary use caseInstitutional cross-border paymentsCross-border payments, connectivityPeer-to-peer value transferSMQKE maintains that XRP and XLM are well-positioned to capitalize on the trend toward swifter, more dependable global payments, particularly within institutional corridors.

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.

Crypto researcher SMQKE has drawn attention to what he considers the largest opportunity for XRP and XLM, emphasizing their focus on institutional cross-border payments rather than consumer remittance services.

Focus on Institutional Cross-Border TransfersSMQKE argued that Ripple and Stellar, the companies behind XRP and XLM respectively, were developed to facilitate high-value transactions between banks and financial institutions worldwide. He underscored that the true growth potential lies in large-scale transfers handled by these organizations, which move trillions of dollars internationally each day.

In a social media post, SMQKE stated, “XRP and XLM will target the BIG money,” and further remarked, “The BIG MONEY is in cross-border payments — that’s why we have Ripple and Stellar.” He concluded with the message, “XRP + XLM = Big Money. Watch.”

“XRP and XLM will target the BIG money. The BIG MONEY is in cross-border payments — that’s why we have Ripple and Stellar. XRP + XLM = Big Money. Watch.”

To support his views, SMQKE shared a video explaining that Ripple and Stellar were designed to modernize business-to-business fund transfers, rather than compete directly with traditional money transfer services aimed at individual consumers.

Mini dictionary: Ripple and Stellar, both founded by Jed McCaleb, are blockchain-based payment networks designed for fast, low-cost international transactions. Ripple focuses on institutional bank settlements, while Stellar targets a broader range of financial entities, including remittance firms and NGOs.

The video’s speaker pointed out that although traditional remittance providers like Western Union are likely to continue operating, these firms may integrate new technologies to maintain competitiveness. According to the discussion, the overwhelming majority of payment volume occurs at the institutional level, where inefficiencies and high costs persist under the current global banking system.

Technology Designed for Financial InstitutionsThe video further described how Ripple and Stellar separate themselves from retail solutions by focusing on backend systems that connect financial institutions. Unlike consumer-oriented services, these networks are built to transfer large sums between banks, facilitating improved settlement times and reduced costs.

Ripple and Stellar are positioned as networks enabling banks to settle cross-border payments faster and more efficiently than legacy correspondent banking systems.

The speaker emphasized the growing importance of transaction data speed, explaining that new blockchain-based systems allow information and funds to move quickly and securely. Distributed ledger technology was highlighted as playing a central role in enhancing transparency and accelerating settlement between accredited participants.

Comparison With Bitcoin’s StructureThe video contrasted Ripple’s network with Bitcoin’s, noting that Bitcoin operates as a fully decentralized, permissionless ledger. Anyone can join Bitcoin’s network, making it open to all participants without a central authority.

In contrast, Ripple employs a permissioned architecture. Only approved financial institutions and partners are able to participate as validators, which enables banks to transact reliably and securely within a controlled environment.

RippleBitcoinNetwork typePermissionedPermissionlessMain usersBanks, financial institutionsGeneral publicTransaction focusCross-border settlementsPeer-to-peer paymentsValidator nodesSelected and approved participantsOpen to allThe discussion concluded that high-volume, business-driven cross-border transfers are likely to rely on networks like Ripple and Stellar, giving XRP and XLM a strategic position in the future of global payments.

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.

Kripto para piyasası, yeni haftaya güçlü alımlarla giriş yaptı. Orta Doğu‘da gerilimin azalabileceğine yönelik beklentiler küresel risk iştahını artırırken, yatırımcıların gözü bu hafta açıklanacak ABD Merkez Bankası (FED) kararlarına çevrildi. Jeopolitik risklerin hafiflemesi ve para politikasına ilişkin beklentiler, dijital varlık fiyatlarının yukarı yönlü hareket etmesini destekleyen başlıca unsurlar arasında yer aldı.

Jeopolitik Gelişmeler Kripto Para Piyasasını Nasıl Etkiledi? Küresel piyasalarda tansiyonun düşmeye başlaması, yatırımcıların yeniden riskli varlıklara yönelmesini sağladı. Güvenli limanlara olan talepte görülen sınırlı gerileme, kripto yatırımı tarafında alımların hız kazanmasına katkı sundu.

Son verilere göre küresel kripto para piyasasının toplam değeri son 24 saatte yüzde 1,36 yükselerek 2,23 trilyon dolara ulaştı. Bu tablo, yatırımcıların kısa vadede piyasalara yönelik güveninin arttığını gösterirken, risk iştahındaki iyileşmenin fiyatlamalara doğrudan yansıdığı görüldü.

Bitcoin Ve Altcoin Fiyatlarında Son Durum Haftanın ilk işlem gününde Bitcoin yüzde 1,43 değer kazanarak 65.364 dolar seviyesine yükseldi. Piyasa değeri bakımından ikinci sırada bulunan Ethereum ise yüzde 3,91 artışla 1.957 dolardan işlem gördü.

Pozitif görünüm yalnızca büyük kripto paralarda değil, altcoin tarafında da dikkat çekti. XRP yüzde 0,66 yükselerek 1,10 dolara çıkarken, Solana yüzde 1,78 prim yaparak 76,38 dolar seviyesine ulaştı. Bu fiyat hareketleri, yatırımcıların geniş çaplı bir portföy dağılımıyla piyasaya yöneldiğine işaret ediyor.

ETF Verileri Yatırımcı İlgisini Ortaya Koydu Geçtiğimiz hafta açıklanan ETF verileri, yatırımcıların özellikle Ethereum ürünlerine yoğun ilgi gösterdiğini ortaya koydu. Spot Bitcoin ETF’lerine toplam 33,79 milyon dolarlık net giriş gerçekleşirken, spot Ethereum ETF’leri 103,90 milyon dolarlık net fon girişiyle haftanın en güçlü performanslarından birini sergiledi.

Diğer tarafta XRP ETF’lerine 8,15 milyon dolar, Solana ETF’lerine 7,20 milyon dolar, LINK ETF’lerine 2,98 milyon dolar giriş kaydedildi. LTC ETF’leri 460,34 bin dolar, HBAR ETF’leri 539,96 bin dolar ve DOGE ETF’leri ise 345,13 bin dolar net giriş aldı. Buna karşılık HYPE ETF’lerinden 8,61 milyon dolarlık çıkış yaşanırken, BNB, AVAX ve DOT ETF’lerinde hafta boyunca herhangi bir fon hareketi gerçekleşmedi.

FED Kararı Neden Kritik Görülüyor? Piyasaların kısa vadeli yönü açısından yatırımcıların odağında 28-29 Temmuz tarihlerinde yapılacak FED toplantısı bulunuyor. Genel beklenti, faiz oranlarının mevcut seviyede korunacağı yönünde olsa da, yatırımcılar yılın geri kalanına ilişkin verilecek mesajları yakından takip ediyor.

Analistler, FED’in para politikasına dair kullanacağı ifadelerin hem kripto para piyasası hem de diğer riskli varlıklarda fiyat hareketlerini önemli ölçüde etkileyebileceğini belirtiyor. Faiz beklentilerinde oluşabilecek değişikliklerin önümüzdeki günlerde volatiliteyi artırma ihtimali yüksek görülüyor.

Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

Bitcoin Price Prediction for August 2026: Whales Bet Against a 4-Year Losing Streak

Bitcoin, küresel piyasalarda risk iştahının yeniden artmasıyla birlikte 65.000 dolar seviyesinin üzerine çıktı. ABD ile İran arasında ikinci gününe giren ateşkesin petrol fiyatlarını aşağı çekmesi, yatırımcıların yeniden riskli varlıklara yönelmesini sağladı. Bu gelişmeyle birlikte Ethereum, Bitcoin’den daha güçlü performans sergilerken, analistler olası bir altcoin hareketinin başlayabileceğine dikkat çekiyor.

Bitcoin ve Ethereum Yükselişini Sürdürüyor Son 24 saatte Bitcoin yaklaşık yüzde 1,2 değer kazanarak yeniden 65.000 dolar seviyesinin üzerine çıktı ve yatırımcı güveninin güçlendiğine işaret etti. Ethereum ise yüzde 3’ün üzerinde yükseliş kaydederek 1.950 dolar seviyesine ulaştı. Bu yükselişe Solana ve XRP gibi önde gelen altcoinler de eşlik ederek yüzde 1 ila 2 arasında değer kazandı. Bu tablo, kripto para piyasasında risk iştahının yeniden artmaya başladığını gösteriyor.

İlginizi Çekebilir: Düşen Coin’e Türk Yatırımcı Akını: DeXe Neden Zirvede?

Solana ve XRP gibi piyasa değeri yüksek altcoinler de yüzde 1 ila 2 arasında yükseliş kaydederek genel piyasa görünümünü destekledi. Özellikle Ethereum’un Bitcoin’e kıyasla daha güçlü performans sergilemesi, yatırımcıların yalnızca Bitcoin’e değil, büyük altcoinlere de ilgi göstermeye başladığı şeklinde değerlendiriliyor. Ancak analistler, Bitcoin’in piyasa hakimiyetinin halen yüksek seviyelerde bulunması nedeniyle geniş çaplı bir altcoin sezonunun başladığını söylemek için henüz erken olduğunu belirtiyor.

ABD ile İran’ın askeri saldırıları durdurması ve diplomatik çözüm umutlarının güçlenmesi, küresel piyasalarda risk algısını olumlu etkiledi. Bu gelişmenin ardından Brent petrolü yaklaşık yüzde 4,7 gerileyerek 92,19 dolara inerken, WTI ham petrolü de 85 dolar seviyelerinde işlem gördü. Petrol fiyatlarındaki düşüşün enflasyon baskısını hafifletmesi, hisse senedi ve kripto para piyasalarında alımların hızlanmasına katkı sağladı.

Uzmandan Ethereum ve Altcoin Yorumu Hindistan merkezli Giottus borsasının CEO’su Vikram Subburaj, piyasalardaki yükselişin makroekonomik gelişmelerle desteklendiğini belirterek şu ifadeleri kullandı:

“Petrol fiyatlarındaki gerileme enflasyon endişelerini azaltırken, Ethereum’un Bitcoin’den daha güçlü yükselmesi yatırımcıların alternatif kripto paralara yönelmeye başladığını gösteriyor. Ancak Bitcoin’in piyasa hakimiyetinin yüzde 58,6 seviyesinde bulunması, henüz geniş çaplı bir altcoin sezonunun başlamadığını ortaya koyuyor.”

Kripto analiz şirketi Alphractal’ın Kurucusu ve CEO’su Joao Wedson ise Bitcoin’in tarihsel döngülerine dikkat çekti. Wedson’a göre her Bitcoin yarılanmasının ardından oluşan ayı piyasalarının dip noktası ortalama 900 gün içerisinde görülüyor. Mevcut döngünün 827. gününde olunduğunu belirten analist, Bitcoin’in taban oluşturma sürecinin büyük ölçüde tamamlanmış olabileceğini ve önümüzdeki iki ay içerisinde nihai dip seviyesinin görülebileceğini ifade etti.

Değerlendirme Bitcoin’in yeniden 65.000 doların üzerine çıkması ve Ethereum’un daha güçlü performans göstermesi, kripto para piyasasında olumlu havanın güçlendiğine işaret ediyor. ABD-İran geriliminin azalması ve petrol fiyatlarındaki düşüş risk iştahını desteklerken, yatırımcıların önümüzdeki günlerde hem Fed toplantısından gelecek mesajları hem de Bitcoin hakimiyetindeki değişimi yakından izlemesi bekleniyor. Bu gelişmeler, olası bir altcoin hareketinin yönü açısından belirleyici olabilir.

Son dakika kripto para haberleri için hemen tıkla

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Bitcoin remains in a bear market but may be entering its final stretch, according to a chart analyst tracking the cryptocurrency’s historical four-year cycle, with a possible bottom forming as soon as October.

A Cycle Bitcoin Has Followed Before

Bitcoin has historically moved through roughly one year of bear market followed by three years of bull market, based on patterns dating back to prior cycles. The current downturn began after Bitcoin’s October 2025 high, putting the cryptocurrency roughly on track to enter its final quarter of decline, the analyst said.

Bitcoin has already reached the full $66,230 to $76,640 resistance zone for Q3, a level the analyst had flagged in advance as the ceiling for this stage of the cycle. A rejection from resistance could open a path down toward $56,500, then $44,000, with $39,000 identified as a further downside target if selling accelerates.

Near-Term Levels to Watch

On shorter timeframes, Bitcoin was rejected near $66,300 in mid-July before breaking below a rising trend line, which now sits near $65,300 and could act as resistance going forward. Near-term support sits in a zone between $59,369 and $62,533, the analyst says, describing this as the key area to watch heading into the weekly close.

A separate resistance band between $64,922 and $66,227 is also being tracked as a ceiling for any short-term bounce, based on Fibonacci retracement levels drawn from the recent high.

Seasonal Patterns Point to a Volatile August

Seasonality data reviewed by the analyst shows that August and September have historically been weak months for Bitcoin during past bear market years, including 2014, 2018, and 2022, while July has typically been the strongest month of any bear market year. In 2022, Bitcoin extended gains into mid-August before reversing, a pattern the analyst said could repeat, though he warned it isn’t a scenario he would trade aggressively.

A Separate Timing Model Points to October

A separate cycle-tracking tool used by the analyst identifies a dominant 260-day rhythm in Bitcoin’s price action. That model correctly flagged a cycle top forming in late May, which was followed by the current selloff. Based on that same rhythm, the tool points to a possible major low forming around October this year, with a margin of two to four weeks in either direction.

The analyst stressed that both the seasonal and cycle-based tools describe general tendencies rather than precise forecasts, and that no method can guarantee exactly when or where Bitcoin’s bear market will conclude.

Story Ends Here

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Bitcoin trades around $64,150 as Trump pauses Iran strikes, ETF outflows jump

Bitcoin

27 July 2026 | 00:20 The Bank of Japan holds its next monetary policy meeting on July 30 and 31, six weeks after raising its policy rate to 1%, the highest level in 31 years.

Key Takeaways BOJ meets July 30–31, after the Fed. Markets expect rates to remain at 1%. The Outlook Report is the main variable. Faster hikes would strengthen the yen. Government pressure complicates the policy path. Bitcoin’s risk comes through carry trades. Markets place little probability on another immediate hike. The focus is whether Governor Kazuo Ueda and the Policy Board encourage investors to expect the following move earlier than the current consensus.

Bitcoin is absent from the meeting agenda. The Bank of Japan’s published schedule lists the monetary policy statement, quarterly Outlook Report and Ueda’s press conference, with no mention of cryptocurrency.

The connection is indirect. A more restrictive policy path strengthens the yen, raises Japanese bond yields and makes borrowing in Japan to finance investments elsewhere less attractive. A rapid reduction in those positions puts pressure on Bitcoin alongside equities and other liquid risk assets.

BOJ Guidance Has Already Moved the Yen On July 22, Bloomberg reported that BOJ officials were open to raising rates faster than economists anticipated if continued yen weakness added to inflation risk. Policymakers reportedly saw growing evidence that companies were passing higher costs on to consumers.

The yen strengthened and short-term Japanese government bond yields rose after the report. USD/JPY fell towards 162.65 from above 163, despite the bank making no official policy announcement.

That reaction shows how sensitive markets are to the timing of the next move. Most BOJ watchers expect another hike in December, while a Reuters poll conducted before the June decision found that 86% of economists put the rate at 1.25% by the end of 2026. October and December were the most common forecasts.

The July Outlook Report will test that timetable. Language supporting a faster pace pulls the next hike forward, while a more cautious assessment reverses some of the yen strength and bond-market repricing already in place.

A Hold at 1% Remains the Base Case Financial markets have most likely largely priced out a July move. The BOJ raised rates by 25 basis points in June, while Japan’s core consumer inflation remained at 1.6% that month, below the 2% target for a fifth consecutive reading.

Tokyo inflation data, published before the national figures, remains one of the earliest signals capable of shifting rate expectations.

The tightening cycle likely has further to run. In a June 3 speech, Ueda said the bank would continue raising rates if economic activity, prices and financial conditions developed in line with its outlook.

The BOJ’s April projections placed inflation between 2.5% and 3% for fiscal 2026. The bank also warned that yen weakness raises the cost of imported fuel, food and raw materials.

Reuters sources indicate that the July report may lift the fiscal 2026 growth forecast while retaining the warning about an inflation overshoot. Import costs and strong demand linked to artificial intelligence investment offset some of the relief created by lower oil prices.

The likely outcome is an unchanged rate accompanied by guidance that keeps another hike firmly under consideration.

The Government Wants Lower Rates and a Stronger Yen Domestic politics complicate the BOJ’s position.

Prime Minister Sanae Takaichi entered office promising investment-led growth supported by heavy public spending, an agenda that benefits from lower borrowing costs. Reuters reported in June that her government was trying to restore a more dovish balance on the BOJ board. Her first appointee, Toichiro Asada, voted against the June hike.

Former BOJ board member Makoto Sakurai described personnel appointments as the administration’s strongest lever, since direct public criticism of monetary policy risks unsettling markets. The government’s first economic blueprint also calls for policy to support its growth programme.

Yet further yen weakness raises import prices and household expenses. Toshihiro Nagahama, a government panel member and economic adviser to Takaichi, said in July that the BOJ should continue raising rates gradually to correct excessive currency depreciation.

The government therefore favours slower tightening while also wanting relief from a weak yen. That conflict makes a surprise move less attractive, and it also limits the bank’s ability to signal that the hiking cycle is finished.

The Federal Reserve Sets the Backdrop First The Federal Open Market Committee meets on July 28 and 29, two days before the BOJ decision. Its target range currently stands at 3.5% to 3.75%.

Markets are not fully committed to a hold. CME FedWatch put the probability of an unchanged range at 62.1%, leaving 37.9% odds of a hike to 3.75%-4%.

Federal Reserve target rate probabilities for the upcoming July 29, 2026 meeting. That pricing matters for how the BOJ decision lands. A US hike would widen the rate gap and cushion the yen against hawkish Japanese guidance two days later. A hold accompanied by softer language would leave the yen more exposed to whatever the BOJ signals.

July is a non-projection meeting, so there will be no updated dot plot. Markets will instead focus on the statement and Chair Kevin Warsh’s press conference.

The wide gap between US and Japanese rates helps preserve the appeal of borrowing in yen and investing in higher-yielding dollar assets. USD/JPY responds to expectations for both central banks, and yen weakness through 2026 has tracked the US path as closely as the Japanese one.

A hawkish Fed supports the dollar and softens the effect of stricter BOJ guidance. A more dovish Fed makes a hawkish signal from Japan more powerful by favouring yen appreciation from both sides of the exchange rate.

How the Yen Carry Trade Reaches Bitcoin The yen carry trade involves borrowing in Japan at comparatively low rates, converting the funds into another currency and investing in assets offering higher potential returns.

The position remains attractive while Japanese funding stays cheap and the yen fails to strengthen enough to erase the investment gain. When rate expectations rise or the currency appreciates sharply, those trades become less profitable and often need to be reduced.

Bitcoin feels the effect without ever being purchased with borrowed yen. Such financing is used across equities, bonds, currencies and derivatives, so when losses or margin requirements increase, funds sell liquid assets across their portfolios.

Institutional carry positions take days or weeks to unwind. Crypto derivatives react faster, since leveraged perpetual positions are liquidated within hours once prices move against crowded traders. We documented that pattern in March, when a single risk-off session wiped out $588 million in crypto positions, roughly $493 million of it long.

Bitcoin is particularly exposed during those periods because it trades continuously and can be sold while traditional markets are closed. James Butterfill, CoinShares’ head of research, described carry-trade reversals as global liquidity shocks rather than isolated currency events.

The greatest risk emerges when Japanese rate expectations rise, the yen strengthens and leveraged investors begin cutting positions at the same time.

Four Ways the BOJ Decision Could Play Out BOJ Outcomes and the Likely Bitcoin Impact Scenario Likelihood Policy Outcome Yen / Bond Reaction Bitcoin & Risk Asset Impact Balanced Hold Most likely Rates at 1%; future moves left dependent on inflation, wages and growth Reverses part of the recent yen strength and bond-yield rise Neutral; Fed decision, ETF flows and market structure take over Hawkish Hold Live risk Rates at 1%; growth forecast lifted, inflation-overshoot warning retained Yen strengthens; next hike priced forward from December to October or September Negative if derivatives leverage is elevated when the report lands Surprise Hike Least likely Rates unexpectedly raised to 1.25% Rapid yen rally; Japanese bond yields move sharply higher Clearest downside; forced selling appears fast in round-the-clock crypto markets Dovish Hold Possible Rates at 1%; weak consumption and softer core inflation emphasised Yen weakens; cheap funding preserved Short-term support, with higher intervention risk later  Rates Stay at 1% With Balanced Guidance This probably remains the most likely and least disruptive result.

The BOJ leaves future moves dependent on inflation, wages and growth without indicating that the next hike is imminent. A cautious Outlook Report would probably reverse part of the yen strength and bond-yield rise seen this week.

Bitcoin then might respond more to the Federal Reserve’s decision, ETF flows and its own market structure than to Japan.

Rates Stay at 1% With a Hawkish Outlook An unchanged rate still pressures risk assets if the BOJ lifts its growth forecast, retains its inflation-overshoot warning or suggests that the interval between hikes may shorten.

Traders would pull expectations for the next move forward from December towards October or September. That supports the yen and raises the cost of maintaining short-yen positions.

An official BOJ document carries more weight than a report based on unnamed sources, so the reaction would likely exceed what markets showed on July 22. Bitcoin’s response depends heavily on how much leverage sits in derivatives markets when the announcement arrives.

The BOJ Unexpectedly Raises Rates to 1.25% This is the least likely outcome and the clearest short-term downside risk.

Markets have largely priced out a July move, the bank acted only in June, and BOJ decisions are normally prepared through public communication. Political pressure for a gentler path further reduces the incentive to surprise investors.

That positioning is what would make an unexpected hike disruptive. Markets would need to reassess both the current rate and the timing of future tightening, producing a rapid yen rally and higher Japanese bond yields.

Forced selling might appear quickly in Bitcoin because crypto markets remain open around the clock.

A Dovish Hold Delays the Next Move The BOJ emphasises weak consumption, economic uncertainty or the recent softening in core inflation.

That could weaken the yen and preserve cheap funding, offering short-term support to Bitcoin and other risk assets.

Further currency depreciation carries a later cost. Higher import prices increase political pressure and raise the probability of a stronger response from either the BOJ or Japan’s Ministry of Finance.

Currency Intervention Remains a Separate Risk Foreign-exchange intervention is authorised by the Ministry of Finance and executed by the BOJ as its agent. It requires no monetary policy meeting and arrives without advance notice.

Finance Minister Satsuki Katayama has repeatedly warned against excessive currency moves as the yen weakened during 2026. A confirmed intervention would produce a sharp appreciation within minutes.

For Bitcoin, the immediate effect resembles a surprise rate hike. A sudden yen rally places pressure on leveraged carry positions even while the policy rate stays unchanged.

A dovish BOJ decision therefore lowers the immediate rate risk while raising the chance of intervention if USD/JPY climbs further.

July 2024 Shows How an Unwind Can Escalate The BOJ raised its policy rate to 0.25% on July 31, 2024, alongside a plan to reduce purchases of Japanese government bonds.

The yen had already begun strengthening, and the decision accelerated the change in rate expectations. Investors started cutting leveraged positions financed in the Japanese currency.

Pressure intensified days later when weak US employment data triggered the Sahm Rule recession indicator, alongside soft manufacturing figures. Bitcoin fell more than 15% on August 5 and briefly traded below $50,000, while equities and other cryptocurrencies also declined.

Describing the event as a BOJ-driven Bitcoin crash would leave out important causes. The rate hike, yen appreciation, US recession fears and crowded positioning arrived within the same period.

Bitcoin’s worst week of 2026 followed the same shape, with ETF outflows, forced liquidations and a macro rotation hitting at once.

The broader crypto sell-off reflected a global retreat from risk, with the carry-trade reversal amplifying pressure that weak US data had already created.

January 2025 Shows Why Expectations Matter The BOJ raised its policy rate to 0.5% on January 24, 2025. Unlike the July 2024 move, the increase had been clearly signalled and was widely anticipated.

The yen strengthened while global risk markets absorbed the decision without widespread forced selling. Bitcoin traded near $105,000 and was approximately 1.8% higher later that day, according to Reuters market data.

Changes in US cryptocurrency policy also supported Bitcoin, so the BOJ decision worked alongside other influences. The comparison still holds: a Japanese rate rise on its own rarely produces a crypto sell-off. Our review of how Bitcoin reacted through the 2022-2023 Fed hiking cycle found the same pattern in the United States, where positioning ahead of each meeting shaped the response more than the policy outcome itself.

The result depends on how much of the move has already been priced, how strongly the yen responds and whether leveraged positions are forced to close.

What to Watch During the Meeting USD/JPY: A sharp decline would signal yen strength and pressure on short-yen positions. Japanese two-year yields: These reflect expectations for the BOJ’s near-term policy path. Bitcoin open interest: Elevated positioning would increase the risk of forced liquidations. Funding rates: Extreme readings would reveal crowded directional exposure. Global equities: A simultaneous decline would support a broader deleveraging explanation. A Bitcoin decline accompanied by falling open interest suggests positions are being closed or liquidated. Weakness with open interest still rising indicates traders adding new bearish exposure.

What Determines the Reaction July 2024 showed how a yen rally amplifies broader selling when leverage is high and other macroeconomic concerns are already present. January 2025 showed that a well-telegraphed hike passes without a Bitcoin decline.

This meeting arrives with the yen near multi-decade lows, a Fed decision two days earlier, fresh reporting that the bank may move faster than expected, a government pulling against the pace, and an intervention risk that needs no meeting at all. Whether July 31 registers as a routine policy update or a broader liquidity shock depends on the surprise, the yen’s response and the leverage built around the decision.

Disclaimer: This article is for informational and analytical purposes only and does not constitute financial or investment advice. Central-bank decisions can produce sudden volatility, while historical market reactions do not guarantee similar future results. Methodology: Meeting dates, policy rates and official guidance are sourced from the Bank of Japan and the Federal Reserve. The July 22 report on the BOJ’s openness to faster tightening is based on Bloomberg reporting using unnamed sources and has not been confirmed by the bank. Political context and market expectations use Reuters reporting, while the crypto liquidity assessment references CoinShares research. Market levels are stated as of July 27, 2026. 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.

Fed Rate Decision Pits 104 Economists Against a 36% Hike Bet

Galaxy Digital reports dormant Bitcoin activity drops to lowest since Q3 2022

After nearly 3,080 Bitcoin [BTC] left Kraken, attention has shifted back to whale accumulation. The two transfers included 1,265 BTC worth approximately $81.3 million and 1,815 BTC valued at about $116.6 million, bringing the combined value close to $198 million. 

Rather than signaling imminent selling, the movements pointed toward coins leaving an exchange for unknown wallets. Such a  pattern often reflects long-term holding instead of immediate distribution. However, the transfers arrived while Bitcoin traded within a well-defined recovery structure, making the timing especially notable. 

Investors also viewed the withdrawals alongside broader on-chain indicators instead of treating them as isolated events. As a result, the latest whale activity reinforced the argument that large holders continued reducing readily available exchange supply despite recent market volatility.

Scarcity returns to Bitcoin’s favor Bitcoin’s Stock-to-Flow Ratio strengthened considerably and reached 46.5K as of writing, posting a remarkable 350.01% increase over the previous 24 hours. The sharp rise suggested that Bitcoin’s scarcity profile improved after weakening in earlier sessions. 

Since the metric compares circulating supply against annual issuance, higher readings generally reflected tighter supply conditions. This shift aligned well with the latest exchange withdrawals because both indicators pointed toward fewer coins remaining available for immediate selling. 

However, scarcity alone did not determine future price direction. Market participants still required sustained demand to capitalize on reduced supply. Even so, the improvement suggested that Bitcoin’s long-term supply dynamics remained supportive. 

Investors therefore gained another fundamental signal that complemented the growing accumulation narrative driven by large holders.

Source: CryptoQuant Miner behavior eased another source of supply Bitcoin miners also reduced selling pressure during the latest trading session. At press time, the Miners’ Position Index (MPI) dropped to -1.2389 after declining 128.44% over the previous day. 

Negative MPI readings historically indicated that miners sold fewer coins relative to their one-year average. That behavior reduced another potential source of market supply after whale withdrawals already removed substantial holdings from exchanges. 

Instead of increasing distribution into strength, miners appeared to retain a larger share of newly mined Bitcoin. Such positioning usually reflect greater confidence in future valuations rather than urgency to secure profits. Nevertheless, miner activity represented only one part of Bitcoin’s broader supply picture. 

However, reduced miner selling complemented improving scarcity metrics and strengthened the broader case that immediate selling pressure remained relatively contained.

Source: CryptoQuant Can Bitcoin’s channel support fuel another advance? Bitcoin traded near $64,368 after retreating toward the lower boundary of its ascending channel at the time of writing. 

BTC’s price respected support around $63,824, keeping the broader recovery structure intact despite the recent pullback. Meanwhile, resistance remained established near $66,835, with another significant barrier positioned around $73,000. 

The Relative Strength Index (RSI) eased to 50.85, while its moving average stood at 53.66. Those readings showed cooling buying strength rather than aggressive bearish control. The indicator stayed above the oversold region, suggesting sellers had not gained complete dominance. 

If buyers defended the channel support, Bitcoin could revisit $66,835 before attempting another move toward $70,000 and eventually $73,000. However, losing $63,824 would likely expose the next major support around $60,000, shifting short-term sentiment back in favor of sellers.

Source: TradingView Conclusively, the latest Kraken withdrawals, stronger Stock-to-Flow Ratio, and subdued miner selling all strengthened Bitcoin’s supply outlook. Although price cooled near channel support, the broader structure remained constructive. 

Moreover, current conditions suggest accumulation continues to outweigh distribution. Yet the next decisive move would likely depend on whether buyers maintain control above the $63,824 support level.

Final Summary Bitcoin whales removed nearly $198 million from Kraken, easing immediate exchange selling pressure. BTC still holds ascending channel support while scarcity and miner activity favor stronger supply conditions.

China's A-share market has a new "stock king": Changxin Technology surges 471.59% on its debut, with market capitalization exceeding 3.3 trillion yuan.

When China's A-share market opened, the Shanghai Composite Index fell 0.14%, the Shenzhen Component Index declined 0.04%, and the ChiNext Index edged up 0.03%; ChangXin Technology surged 471.59% on its first day of listing, opening at 49.5 yuan per share with a corresponding market capitalization of 3.31 trillion yuan, making it the largest-cap stock on the A-share market.

7 minutes ago

Jiang Zhuoer: Changxin Technology’s opening price is too high, with no trading or arbitrage opportunities left.

Jiang Zhuoer, founder of BTC.TOP (LeiBit Mining Pool), posted that Changxin Technology’s opening price is too high, leaving no trading or arbitrage opportunities. Yesterday, he noted, “Changxin Storage will likely open higher, surge then pull back, hitting its all-time high on the first trading day. The perfect strategy is to buy at the A-share opening, sell during the midday Hong Kong market hype, then sell on A-share the next day while closing out the Hong Kong position. If you don’t hold a Hong Kong market position, once trapped by T+1 rules, you might end up like PetroChina, stuck for a lifetime.”

7 minutes ago

Changxin Technology's temporary indicative call auction price stands at 49.5 yuan.

According to market data, Changxin Technology’s call auction is temporarily quoted at 49.5 yuan, with an issue price of 8.66 yuan per share, marking a 471.59% increase.

7 minutes ago

Changxin Technology's contract price once again breaks through the $7 mark on trade.xyz

Changxin Technology has entered the opening call auction on China's STAR Market, with its stock temporarily quoted at 49.5 yuan. Driven by this, Changxin Technology's stock contract has rallied again on trade.xyz, now trading at 7.2 U.S. dollars.

7 minutes ago

Summary of Views on Changxin Technology: There is a potential for a price surge on its listing day, and a market capitalization of RMB 3-4 trillion has become the consensus.

For today’s listing of Changxin Technology, crypto KOLs have shared divergent predictions. Jiang Zhuoer, founder of the B.TOP mining pool, holds a relatively pessimistic view. He believes Changxin Technology will likely open higher, surge and then pull back, hitting its all-time high on the first trading day. The perfect playbook, he says, would be: buy on the A-share opening, sell during the midday hype-driven surge, then sell on A-shares the next day while closing out the hype position. If you don’t have a hype position, trapped by the T+1 trading rule, you might end up holding it for life just like PetroChina. Mango Labs founder @dov_wo is far more bullish: “I’ve gone long on Changxin Technology. In my view, Changxin offers a rare 1:5 risk-reward opportunity—downside of 20%, upside of 100%, a 1-to-5 payout ratio.” @dov_wo lists his bullish reasons as: low tradable share ratio, regulatory factors, and institutional optimism for its investment opportunity at a market cap below 3 trillion yuan. His suggested strategy: “If it opens higher tomorrow, close positions directly to take profits; if it opens lower then rallies, wait patiently—wrap up the trade within 3 days.” Institutional analysts are also deeply divided: Nomura Securities gives Changxin Technology a target price of 116 yuan, corresponding to a market cap of 7.76 trillion yuan. China’s Northeast Securities values Changxin Technology in a range of 3.2 trillion to 5.7 trillion yuan.

7 minutes ago

With 10 minutes remaining in the call auction, Changxin Technology’s price on trade.xyz plunged rapidly, briefly falling below $6.5.

Within less than 10 minutes of its call auction, Changxin Technology’s stock contract saw a rapid pullback on trade.xyz, briefly falling below $6.5 before trading at a current price of $6.5582. Over the past hour, the stock had briefly surged past $7.

7 minutes ago

Table of contents

The centre of gravity for crypto regulation isn’t drifting eastward. It has moved. While Washington remains tangled in last‑minute lobbying over a landmark bill, several Asian governments are converting policy papers into infrastructure. The latest signal: Japan has formally elevated on‑chain finance to a national policy objective and is targeting Bitcoin exchange‑traded funds by 2028, according to the weekly roundup compiled by WuBlockchain. That target date isn’t a casual mention in a white paper; it gives market participants and institutions a hard deadline around which to plan products, custody, and liquidity.

On the same day, news arrived that South Korea is moving to expand institutional crypto access even as domestic exchange volumes crater. The combination is telling. A regime does not typically widen the on‑ramp for professional traders while retail activity dries up unless it is preparing the ground for a different kind of market structure. The draft framework suggests a shift from the retail‑driven speculation that has defined Korean crypto for years toward something more institutionally durable. In isolation, each headline might read like a routine policy update. Together, they reveal a coordinated‑looking acceleration across Northeast Asia that carries implications for institutional capital flows, stablecoin usage, and even the geopolitical architecture of on‑chain finance.

Japan’s 2028 ETF horizon is a liquidity signal Japan has not lacked ambition in digital assets, but until now the timeline for spot crypto ETFs was vague. Locking in 2028 changes the conversation. Custodians, authorised participants, and traditional exchanges can begin modelling cost structures and collateral arrangements years in advance. The country already has a regulated exchange framework and a Financial Services Agency that, while strict, has shown itself willing to license. What was missing was a concrete demand‑side event that would justify building the full ETF plumbing.

Placing Bitcoin ETFs inside a broader “on‑chain finance” national policy also frames crypto as more than a retail trading product. It signals to treasuries, asset managers, and even pension administrators that the government sees tokenised value transfer as a long‑term economic layer, not a speculative sideshow. The detail here matters: Japan is not simply allowing ETFs; it is embedding them in an industrial strategy. That changes how foreign institutions weight the risk of building exposure there, especially when other Asian markets are now moving in the same direction. For context, the global tokenisation push has already pushed real‑world assets past the $20 billion mark on‑chain, as a recent institutional roundup showed, and the infrastructure Japan is planning would plug directly into that trend.

South Korea’s volume collapse is forcing a rethink South Korean exchanges have seen volumes plunge, a sharp turn from the fevered altcoin speculation that once made the won one of the most traded fiat pairs globally. Regulators could have responded by tightening the screws further. Instead, the Financial Services Commission is drafting measures that would let institutions trade crypto directly, something that has been severely restricted. The move matches a broader pattern across Asia: governments are using exchange stress as an occasion to reset market structure rather than simply clamp down.

If institutional custody and prime brokerage‑style services become available in Seoul, the local market could begin to look less like a casino and more like a regional hub for managed crypto exposure. That would not only change liquidity profiles but also affect how global order flow is routed. Whether the FSC can push these changes through while retail sentiment is low remains an open question; unpopular policy that appears to favour institutions can attract political heat, and Korean crypto politics are famously noisy. Still, the direction of travel is hard to miss.

Sberbank’s trading infrastructure and Southeast Asia’s stablecoin race Further north, Russia’s Sberbank is constructing regulated crypto trading infrastructure, a development that fits into the wider effort to integrate digital assets into a financial system under sanctions pressure. The details remain thin, but any state‑controlled bank building trading rails signals that crypto is being treated as a legitimate component of cross‑border settlement, not just a retail outlet. Market participants will watch closely for which assets are listed first and whether the infrastructure connects to non‑Russian liquidity pools.

At the same time, the Philippines and Vietnam are advancing stablecoin and crypto‑market frameworks. Both economies have large remittance corridors and high mobile penetration, conditions that make dollar‑pegged tokens structurally attractive regardless of global narrative swings. The regulatory push here is not about speculative trading; it is about payments, savings, and settlement. If the Philippines moves from sandbox trials to a full licensing regime, the implications for domestic banks and fintechs would be immediate. It would also offer a regulatory template for other emerging markets watching stablecoin adoption with caution.

The bigger shift: Asia stops waiting for the West Something changed in 2025 and is accelerating in 2026. Asian regulators are no longer designing policy by watching Washington. They are writing their own rulebooks, and in some areas they are moving faster than either the U.S. or Europe. The contrast with the American legislative process is stark: a major U.S. crypto bill is facing a last‑minute kill attempt from banks just days before a Senate vote, as reported earlier this week. While that political drama plays out, Tokyo, Seoul, and Manila are setting deadlines, issuing licences, and building the rails.

This does not guarantee success. Timelines slip, political opposition builds, and institutional appetite can vanish if global liquidity tightens. What it does is create a path‑dependent reality. Once a country builds institutional crypto infrastructure, it is harder to reverse than a policy paper. Custody, settlement, and compliance layers take years to build. By announcing a 2028 ETF target, Japan is essentially telling the market that the build‑out has already begun. The real question is whether Western capital allocators will wait to see who wins the regulatory race or simply follow the infrastructure that is already being poured.

The institutional staking market already shows how quickly Asian‑linked infrastructure can attract global flows; a recent surge in Sui’s price was driven partly by institutional staking demand tied to a Nasdaq‑connected firm and a major fintech integration in Africa, as a market report observed. When regulatory clarity aligns with that kind of demand, the result is not a trickle of capital but a rerouting of existing flows. Asia’s policy blitz this week confirms that the rerouting has started.

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Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.

Tron TRX Ends 16% Slide With Two Bullish Signals

After failing to maintain its recent rally toward the $570 region, Zcash has entered a cooling-off phase. Sellers intervened close to local highs after a strong, impulsive move earlier in July, forcing ZEC into a controlled pullback that has since returned the asset to its short-term moving averages. The larger technical structure is still beneficial even after the correction. 

While the 200-day EMA (black) is still trending upward well below the current price action, ZEC is still trading above the 100-day and 200-day moving averages. The medium-term bullish structure holds true as long as the asset stays above the $460-470 support area. The 50-day EMA, which served as dynamic support during the recent rise, has begun to flatten. 

ZEC/USDT Chart by TradingViewThe first crucial test for purchasers is the price, which is currently hovering around that level. Before bulls challenge the $550-570 resistance zone once more, a successful defense here might lead to another attempt toward the $500 psychological barrier. But volume conveys a more circumspect narrative. 

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During the most recent decline, trading activity has steadily decreased, indicating that neither buyers nor sellers are currently very confident. In contrast to the explosive breakout that occurred earlier this month, lower volume during a correction is generally healthier than aggressive selling, but it also suggests that momentum has diminished. The RSI is currently close to the neutral 50 level after cooling considerably as well. 

By doing this, the overbought conditions that accompanied the prior rally are eliminated, thereby restarting momentum. A move below 45 could indicate that bearish pressure is starting to take over, while a bounce from current RSI levels would support the argument for trend continuation. For the time being, it seems that Zcash is going through a typical consolidation rather than a trend reversal. 

The long-term moving averages are still pointing upward, and the series of higher lows that have been in place since April is still in place. Bulls must, however, recover $500 rather quickly in order to rebuild confidence. If ZEC were to lose the $460 support cluster, it would probably be exposed to a deeper retracement toward the rising 200-day moving average close to the $410 area, where stronger long-term buyers might intervene once more. 

XRP remains compressedAs the price of XRP continues to compress inside a symmetrical triangle that has formed throughout July, the cryptocurrency is getting close to a crucial technical moment. Volatility has significantly decreased after a few weeks of lower highs and higher lows, indicating that a clear breakout might not be far off. 

As of this writing, XRP is trading at approximately $1.09, testing the descending resistance created by recent swing highs while remaining slightly above the rising support trendline. Following months of persistent downward pressure, buyers and sellers are becoming less certain, as evidenced by the narrowing price action. The larger trend is still difficult. 

XRP/USDT Chart by TradingViewAll of the major moving averages, such as the 100-day, 200-day, and long-term 200-day EMA, which are still sloping lower, are still below XRP. This indicates that despite the recent stabilization, the general macro trend is still bearish. Before bulls could seriously target the $1. 22 area, any breakout to the upside would need to overcome the nearby moving-average cluster around $1.11-$1.14. 

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Positively, momentum indicators have started to level out. After recovering from oversold conditions, the RSI now oscillates around the neutral 48 level, suggesting that selling pressure has subsided. Even though this isn't a bullish signal yet, it allows buyers to gain momentum in the event that resistance eventually breaks. 

As is common with consolidation patterns, volume has steadily decreased during the triangle formation. Once the price leaves the current range, traders should keep a close eye out for a notable increase in volume, which would significantly increase the breakout direction's dependability. 

Short-term bullish momentum would probably be triggered by a confirmed close above the declining trendline, which might also disprove the recent run of lower highs. The next significant level to keep an eye on is psychological support at $1.00, as failing to maintain the rising support would expose XRP to fresh selling pressure. 

Shiba Inu spikes upIn a single session, Shiba Inu surged by almost 15% and broke through several significant technical barriers, delivering one of its best daily performances in weeks. SHIB finally attracted aggressive buying pressure after consolidating near yearly lows for the majority of July. 

This resulted in a sharp bullish candle and a significant increase in trading volume. Because it propelled the token above the 50-day and 100-day moving averages nearly simultaneously, the breakout is technically significant. Regaining those levels reverses the short-term momentum in favor of buyers because they had served as dynamic resistance during the protracted decline. 

SHIB/USDT Chart by TradingViewAdditionally, the price is testing the 200-day moving average in the vicinity of $0.0000059-$0.0000060, which is currently the next significant barrier before a more significant trend reversal can be verified. The story that volume conveys is equally significant. In contrast to a low-liquidity squeeze, the most recent candle shows the highest trading activity in months, indicating real market participation. When a breakout is accompanied by strong volume, the likelihood that the move will last longer than one session is usually increased. 

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Momentum indicators also show the abrupt change in attitude. The RSI has risen above 80 and is now in highly overbought territory. This shows remarkable buying power, but it also increases the likelihood of short-term profit-taking following such a bold move. Before attempting another leg higher, SHIB has historically experienced brief consolidations after comparable vertical rallies. 

But the larger trend is still developing. The long-term 200-day EMA is still sloping downward despite SHIB regaining significant moving averages, indicating that the macro bearish structure has not yet been completely refuted. 

Instead of giving up the recovered averages right away, bulls will need to create support above them. The recent breakout may develop into a long-term trend reversal if buyers are able to stay above the 50-day and 100-day moving averages during the upcoming sessions. 

Bitcoin recovery stabilizesAfter making a significant comeback from June's sell-off, Bitcoin is still trading inside a recovery structure, but the market hasn't yet recovered enough strength to oppose the prevailing long-term downtrend. BTC has stabilized above its short-term moving averages at about $64,300, but there is still much stronger resistance above. 

While Bitcoin is still trading below the 100-day and 200-day moving averages, the 50-day moving average has flattened and now offers immediate dynamic support below price. These longer-term averages define the main bearish structure that has persisted for months and are currently grouped around the $67,500-$74,000 area. They also continue to slope downward. 

BTC/USDT Chart by TradingViewPositive indications of stabilization rather than acceleration can be seen in recent price action. Buyers successfully defended higher lows throughout July after the June capitulation, enabling Bitcoin to progressively recover without experiencing excessive volatility. Although there is still insufficient evidence, this slower recovery frequently indicates healthier accumulation as opposed to quick speculative spikes.

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After hitting oversold territory during June's decline, the RSI has now recovered into the mid-50s. As a result, momentum slightly favors buyers, but it is still far below overbought levels. If market sentiment continues to improve, there is potential for another push higher. Following the massive liquidation event that occurred during the June sell-off, volume has returned to normal. 

The idea that Bitcoin is building a base rather than entering a decisive trend is reinforced by the fact that neither buyers nor sellers currently control the majority of trading activity. Before Bitcoin can challenge higher resistance levels, a significant increase in volume is probably going to be necessary. 

Technically speaking, recovering the 100-day moving average around $67,700 would greatly bolster the bullish argument and make it possible to test the declining 200-day EMA at $73,500. On the other hand, if the 50-day moving average is not maintained, focus will return to the $62,000–63,000 support range, which has prevented recent declines. 

All things considered, Bitcoin seems to be moving from a corrective phase into an accumulation range. Although the immediate structure is better than it was in June, bulls still need to recover a number of significant moving averages before the overall technical picture becomes convincingly positive.

Bitcoin, hafta içinde ulaştığı 67 bin dolar seviyesinden geri çekilerek yeniden kritik bir destek noktasını test etmeye başladı. Piyasa analistlerine göre 63.800 dolar seviyesi, lider kripto paranın kısa vadeli yönünü belirleyecek en önemli eşik olarak öne çıkıyor. Bu desteğin korunması halinde yeniden 67 bin dolar hedefi gündeme gelebilirken, aşağı yönlü bir kırılım ise fiyatı 60 bin dolara kadar taşıyabilir.

Bitcoin’in Gözü 63.800 Dolar Desteğinde Bitcoin, geçen hafta 67 bin dolara kadar yükselerek son bir ayın zirvesini gördü. Ancak bu seviyede kalıcılık sağlayamayan BTC, kâr satışlarının etkisiyle yeniden 64 bin dolar bandına çekildi.

Kripto analisti Ali Martinez’e göre piyasanın odaklandığı seviye 63.800 dolar. Martinez, Bitcoin’in bu desteği koruması halinde yeniden 67 bin dolar seviyesini test edebileceğini belirtti. Buna karşılık desteğin aşağı yönlü kırılması durumunda ise fiyatın 60 bin dolara kadar gerileyebileceğini ifade etti.

Analiste göre bu bölgeden gelecek hareket, Bitcoin’in önümüzdeki günlerde izleyeceği yön açısından belirleyici olabilir.

Ağustos Verileri İyimser Bir Tablo Çizmiyor Ali Martinez, tarihsel verilere de dikkat çekti. Analistin paylaştığı istatistiklere göre Bitcoin son dört yılın ağustos aylarını değer kaybıyla tamamladı. Son 12 yılın yalnızca üçünde ağustos ayı pozitif getiri sağlarken, en güçlü performans 2017 boğa piyasasında görüldü.

Bu nedenle tarihsel eğilimler, kısa vadede temkinli olunması gerektiğine işaret ediyor.

Öte yandan piyasadan gelen tüm sinyaller olumsuz değil. Analist CW, 100 ila 1.000 BTC arasında varlık tutan orta ölçekli balinaların yeniden kâra geçtiğini belirtti. Geçmiş dönemlerde benzer hareketlerin kısa vadeli yükselişlerden önce görüldüğünü ifade eden analist, bu verinin olumlu bir sinyal olarak değerlendirilebileceğini söyledi.

65.500 Dolar Direnci Aşılamıyor Bir diğer kripto analisti Rekt Capital ise Bitcoin’in haftalık grafikte yaklaşık 65.500 dolar seviyesinde bulunan önemli direnci aşmakta zorlandığını vurguladı.

Analiste göre son yükseliş denemelerinin tamamı bu bölgede satış baskısıyla karşılaştı. Ayrıca alım hacmindeki zayıflamanın yerini satış ağırlıklı işlem hacmine bırakması da aşağı yönlü riskleri artırıyor.

Rekt Capital, satış hacminin güçlenmeye devam etmesi halinde Bitcoin’in dirençten bir kez daha reddedilme ihtimalinin yükseldiğini belirtti.

Şimdilik piyasanın odağında iki kritik seviye bulunuyor. 63.800 dolar desteğinin korunması yükseliş beklentilerini canlı tutarken, 65.500 dolar direncinin aşılması yeni bir ivmenin önünü açabilir. Buna karşılık 63.800 doların kaybedilmesi halinde analistlerin işaret ettiği 60 bin dolar seviyesi yeniden gündeme gelebilir.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

TL;DR Bitcoin miner selling remains inside a long-term downward trend despite a recent increase in exchange transfers. Miners sent 4,841 BTC to Binance during the past 30 days. The number represents 98.66% of all miner transfers to exchanges. Lower exchange flows reduce immediate selling pressure but do not confirm a bullish market on their own. Bitcoin miner selling continues to contract as exchange-bound supply stays within a descending trend that has persisted since mid-2023. The latest on-chain data shows miners transferred 4,841 BTC to Binance over the past 30 days, representing 98.66% of all miner flows to exchanges. Although transfers recently rebounded from their lows, the broader trend still points to lower miner-driven selling pressure.

The latest readings suggest miners are sending fewer coins to public exchanges even as Bitcoin trades below recent highs. That shift reduces the amount of fresh supply entering the spot market, although analysts caution that the signal should be viewed alongside other on-chain indicators.

Bitcoin Halving Continues to Reshape Miner Activity The long-term decline partly reflects the impact of Bitcoin’s 2024 halving. Since block rewards were reduced by half, miners naturally produce fewer BTC for the same amount of computational work. As a result, lower exchange transfers are an expected outcome and should not automatically be interpreted as stronger confidence among mining companies.

The chart also shows miner transfers have remained inside a descending channel despite several short-term spikes. Recent flows recovered from around 3,500 BTC toward 6,000 BTC as Bitcoin rebounded, suggesting some operators sold part of their production to cover expenses. However, the increase faded quickly without breaking the broader downtrend.

BTC Miner Data | Source: CryptoQuant The declining trend may also reflect structural changes across the mining sector. Larger mining companies now have greater access to financing through debt, equity offerings, production hedging, and private liquidity arrangements. These alternatives allow operators to fund operations without immediately selling newly mined Bitcoin on public exchanges.

Another factor may be lower available inventories. Some miners have already distributed significant portions of their holdings during previous market rallies, leaving fewer coins available for future exchange deposits. Together, these developments point to a more mature industry that depends less on constant spot market selling.

Why the Trend Matters for Bitcoin The continued decline in Bitcoin miner selling is constructive because it limits one source of supply entering the market. Lower miner distribution can ease selling pressure when investor demand remains stable, although it does not guarantee higher prices.

Analysts say the signal becomes more meaningful if miner reserves stabilize while exchange transfers remain subdued. That combination would suggest miners are holding a larger share of production instead of selling into market strength.

On the other hand, a breakout above the descending channel, combined with falling miner reserves and weaker Bitcoin prices, would indicate renewed financial pressure across the mining sector. Such a shift could force operators to increase exchange deposits and add fresh selling pressure.

For now, Bitcoin miner selling continues to follow its broader downward trajectory despite recent market volatility. The latest data suggests miners remain under less pressure to distribute coins through public exchanges, leaving overall market structure more balanced while investors monitor whether the trend can persist.

Dormant BTC activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking.

Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research.

Coin days destroyed, a metric that gives greater weight to older coins, showed a similar decline.

Thorn said the earlier spikes were driven by “OGs taking profit,” similar to the pattern seen during Bitcoin’s 2017 bull market, suggesting long-term holders have slowed selling after elevated distribution in 2024 and 2025.

Dormant coin movement tracks Bitcoin (BTC) that has remained untouched for extended periods before being spent again. Analysts monitor the metric because increased activity from long-term holders has historically coincided with periods of profit-taking and heightened selling pressure, while subdued activity can suggest those investors are holding rather than distributing their coins.

Magazine: Here’s why the CLARITY Act’s ethics deal may be so hard to reach

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