Spot Bitcoin ETF‘leri yaklaşık iki haftalık güçlü giriş serisinin ardından sert bir yön değişimi yaşadı. ABD’de işlem gören spot Bitcoin ETF’lerinden son işlem gününde toplam 225,18 milyon dolarlık net çıkış gerçekleşti. Yazının hazırlandığı sırada Bitcoin yaklaşık 65.300 dolar seviyesinde işlem görürken, analistler kurumsal yatırımcıların yükselen ABD Hazine tahvili getirileri nedeniyle daha düşük riskli varlıklara yöneldiğini belirtiyor.
Spot Bitcoin ETF’lerinde Giriş Serisi Sona Erdi Farside Investors verilerine göre, 24 Temmuz tarihinde ABD’de listelenen spot Bitcoin ETF’leri toplam 225,18 milyon dolarlık net çıkış kaydetti. Böylece yaklaşık 1 milyar dolarlık girişin yaşandığı yedi günlük pozitif seri sona ermiş oldu. En büyük çıkış 202,5 milyon dolarla BlackRock’ın iShares Bitcoin Trust (IBIT) fonunda gerçekleşti. BlackRock’ı Bitwise’ın BITB ve Fidelity’nin FBTC fonları takip etti. Günün dikkat çeken tek pozitif gelişmesi ise Morgan Stanley destekli MSBT fonuna yaklaşık 5 milyon dolarlık giriş olmasıydı. Son haftalarda güçlü ETF girişleri Bitcoin fiyatının 67 bin dolara yaklaşmasını desteklerken, son çıkışlar kurumsal yatırımcıların risk iştahında kısa vadeli bir değişime işaret ediyor.
İlginizi Çekebilir: Altın 4 Bin Dolar Direncinde!: Gözler Fed Faiz Kararında!
Bitcoin ETF’lerinden yaşanan çıkışların en önemli nedenlerinden biri, ABD Hazine tahvillerindeki yükselen getiriler olarak gösteriliyor. Gösterge niteliğindeki 10 yıllık ABD Hazine tahvilinin faizi yüzde 4,71 seviyesine yükselerek son 18 ayın en yüksek seviyelerinden birini gördü. Öte yandan 30 yıllık tahvil faizi ise yüzde 5,18’e çıkarak Nisan 2006’dan bu yana en yüksek seviyesine ulaştı. Yüksek tahvil getirileri, özellikle kurumsal yatırımcılar için daha düşük riskle cazip getiri fırsatı sunarken, Bitcoin gibi volatil varlıklardan sermaye çıkışını hızlandırabiliyor.
Jeopolitik Riskler ve Petrol Fiyatları Baskıyı Artırıyor ABD ile İran arasında artan jeopolitik gerilim ve Brent petrol fiyatlarındaki yükseliş de piyasalardaki risk algısını güçlendiren faktörler arasında yer alıyor. Buna ek olarak ABD Başkanı Donald Trump’ın açıkladığı yeni küresel gümrük tarifeleri, ticaret savaşlarının yeniden hızlanabileceği endişelerini artırdı. Bu gelişmeler, enflasyon beklentilerini yükseltirken Fed’in faizleri daha uzun süre yüksek tutabileceği yönündeki beklentileri de güçlendirdi. Yüksek faiz ortamı ise Bitcoin ve diğer riskli varlıklar üzerinde baskı oluşturmaya devam ediyor.
Ekonomist Peter Schiff, ABD’nin hızla büyüyen kamu borcunun yükselen faiz oranlarıyla birlikte sürdürülebilirliğinin zorlaşabileceğini belirtti.
Piyasa uzmanları ayrıca Japonya’nın ABD tahvili satışlarını artırabileceği, Çin’in ise ABD tahvillerindeki payını azaltarak altın rezervlerini büyütmeye devam ettiği görüşünü paylaşıyor. Bu gelişmeler doğrultusunda bazı kurumsal yatırımcıların Bitcoin ETF’lerinden çıkan sermayeyi ABD tahvilleri ve altın gibi güvenli liman varlıklara yönlendirdiği değerlendiriliyor.
Değerlendirme Spot Bitcoin ETF’lerinde görülen 225 milyon doları aşan net çıkış, kurumsal yatırımcıların kısa vadede daha temkinli bir strateji izlediğini gösteriyor. Yükselen ABD tahvil faizleri, jeopolitik riskler ve küresel ekonomik belirsizlikler nedeniyle riskli varlıklardan güvenli limanlara yönelim hız kazanmış durumda. Ancak Bitcoin’in 65 bin dolar seviyesinin üzerinde kalmayı sürdürmesi, uzun vadeli yatırımcı güveninin tamamen kaybolmadığını ortaya koyuyor. Önümüzdeki günlerde Fed’in faiz politikası, tahvil piyasasındaki hareketler ve ETF akışları, Bitcoin fiyatının yönü açısından belirleyici olmaya devam edecek.
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Kripto para piyasasında haftalık görünüm pozitif seyrini korurken, analistler Ethereum (ETH), XRP, Cardano (ADA), Binance Coin (BNB) ve Hyperliquid (HYPE) gibi altcoinler için önemli destek ve direnç seviyelerine dikkat çekti. Değerlendirmeye göre Ethereum ve Cardano toparlanma sinyalleri verirken, XRP yatay seyrini sürdürüyor. BNB zayıf görünümünü korurken HYPE için ise düzeltme riski öne çıkıyor.
Ethereum 2.000 dolar direncine yaklaştı Ethereum son bir haftada yaklaşık %3 yükseldi. Haziran sonundan bu yana alıcıların güç kazanmasıyla başlayan toparlanma hareketi, 1.500 dolar desteğinin korunmasının ardından hız kazandı.
Analistler, şimdi gözlerin 2.000 dolar seviyesine çevrildiğini belirtiyor. Bu seviyenin güçlü bir psikolojik direnç oluşturabileceği ve kısa vadede satış baskısını artırabileceği ifade ediliyor.
Buna karşın Ethereum’un uzun vadeli düşüş trendinden tamamen çıkabilmesi için 2.000 doların destek seviyesine dönüşmesi gerektiği vurgulanıyor.
XRP 1,20 dolar direncini aşmakta zorlanıyor XRP de haftayı yaklaşık %3 yükselişle tamamladı. Fiyatın 1 dolar desteğinin üzerinde kalması olumlu değerlendirilirken, 1,20 dolar seviyesindeki direncin henüz aşılamaması dikkat çekiyor.
Analistler, işlem hacmindeki kademeli düşüş nedeniyle XRP’nin güçlü bir kırılım gerçekleştirecek momentuma sahip olmadığını düşünüyor. Şubat ayındaki sert düşüşün ardından yatırımcı ilgisinin tam olarak geri dönmediği belirtiliyor.
Yine de fiyatın 1 dolar üzerinde kalmayı sürdürmesi, satış baskısının sınırlı kaldığını gösteren önemli bir gelişme olarak değerlendiriliyor.
Cardano yükseliş sinyali veriyor Cardano haftalık bazda yaklaşık %6 değer kazanarak incelenen altcoinler arasında en güçlü performansı gösterdi.
Analistler, fiyat grafiğinde oluşan omuz-baş-omuz dönüş formasyonunun ardından 0,15 dolar desteğinin korunmasını olumlu görüyor. Ancak kalıcı bir trend değişiminin teyit edilmesi için daha yüksek dipler ve daha yüksek zirveler oluşması gerektiği belirtiliyor.
Bu senaryoda 0,25 dolar seviyesinin aşılması kritik önem taşıyor. Ayrıca haftalık MACD göstergesinin yükseliş sinyali üretmesi, satıcıların güç kaybedebileceğine işaret ediyor.
BNB zayıf görünümünü sürdürüyor Binance Coin son bir haftada kayda değer bir yükseliş gösteremedi. Analistlere göre 580 dolar direnci aşılmadığı sürece fiyatın yatay hareketini sürdürmesi veya daha düşük seviyeleri test etmesi olası görünüyor.
Azalan işlem hacmi ve volatilite de alıcıların piyasaya yeterince güçlü dönmediğini gösteriyor. Değerlendirmede, Avrupa Birliği’ndeki son düzenlemelerin de BNB üzerindeki talebi sınırlayan faktörlerden biri olabileceği ifade edildi.
Bu nedenle analistler, olası geri çekilmelerde 500 dolar seviyesini önemli destek olarak izliyor.
HYPE için düzeltme uyarısı Hyperliquid (HYPE) ise haftayı yatay tamamlasa da son bir ayda yaklaşık %5 değer kaybetti. Analistler, fiyatın 60 doların altında kalmasının satış baskısını artırabileceğini belirtiyor.
60 dolar seviyesinin altında kalıcılık sağlanması durumunda daha geniş çaplı bir düzeltmenin başlayabileceği ifade edilirken, 56 ve 52 dolar seviyeleri önemli destek noktaları olarak öne çıkıyor.
Önümüzdeki günlerde altcoin piyasasının yönü, Bitcoin’in fiyat hareketi ve kritik direnç seviyelerinin aşılıp aşılamayacağına bağlı olacak.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
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"The next big move could shock everyone," one analyst predicted.
The biggest meme coin by market capitalization is down 12% over the past month, while its most recent plunge below a critical level suggests sellers may now be in full control.
On the other hand, Ali Martinez pointed to the formation of a rare setup that could be a precursor to a major bull run.
Will Bears Keep the Wheel? DOGE has tumbled by roughly 5% on a 24-hour scale and is currently worth around $0.069 (according to CoinGecko). The X account BSCN noted that in its weekly anomaly report, Santiment flagged the meme coin as “hype without news,” warning that a price drop below $0.071 would hand control to the sellers.
“Santiment’s core read was that DOGE trades as amplified Bitcoin beta, falling harder in selloffs, and this session proved it on cue,” it added.
According to the analytics platform, a quick reclaim of the key $0.071 zone would repair the setup, but staying beneath it would indicate that bears continue to dominate.
Other market observers who also touched upon DOGE include Kamran Asghar and Scient. The former claimed that the token is approaching “a make or break” level, predicting that “the next big move could shock everyone.” The latter was firmly on the bearish side, expecting a further drop in the coming days.
The Bullish Signals Contrary to its poor performance as of late, the renowned analyst Ali Martinez outlined that DOGE’s weekly TD Sequential indicator has flashed numerous consecutive buy signals. He labeled the development “a rare setup that could be warning a major bull rally is approaching.”
X user Cryptollica chipped in, too, noting the “dead attention” surrounding Dogecoin recently. At the same time, they believe this is the best moment to jump on the bandwagon, saying:
You may also like: Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH Could Dogecoin (DOGE) Be Setting Up for Its Next Big Move? Analysts Think So ‘Dead Meme’ or Major Opportunity? DOGE Is Flashing The Same Signal That Preceded Its Biggest Rallies “Invest when no one else cares. That way, you will make money.”
The institutional interest is also worth mentioning. Earlier this week, spot DOGE ETFs witnessed their first green day since mid-June. However, the capital flowing into these products remains negligible, and appetite from big players like pension funds and hedge funds should seriously increase to positively impact the price.
Ford has a plan for self-driving cars, and it does not involve waiting on anyone else to build it for them. The automaker announced on January 7, 2026, that it is developing its own Level 3 driver-assistance system, with a rollout target of 2028 on a new electric vehicle platform.
Ford’s self-driving ambition, built in Detroit Level 3 autonomy is a meaningful step up from what most drivers experience today. Unlike Level 2, where you still need to keep your eyes on the road, Level 3 lets the car handle driving in specific conditions while the driver can genuinely look away, at least until the system asks them to take back control.
Ford says developing this technology internally will cost 30% less than sourcing it from outside suppliers. That is not a trivial margin in an industry where development costs routinely run into the billions.
The company already has a working foundation to build from. Its BlueCruise Level 2 system currently enables hands-free driving on more than 100,000 miles of pre-mapped roads and is sold via subscription, suggesting that Ford’s driver-assistance bet has already found a paying audience.
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Where Apple fits in, and where it does not Doug Field, who spent years at Apple before leaving, now serves as Ford’s Chief Officer of Advanced Technology and Embedded Systems, a role he has held since 2021.
Ford has not confirmed any integration of Apple software into its autonomous driving technology. The current relationship between Ford and Apple appears limited to CarPlay, the familiar infotainment interface that lets drivers mirror their iPhone on the dashboard screen.
Apple itself has been pulling back from its more ambitious autonomous vehicle work. The company spent years reportedly developing what was internally called Project Titan, an effort that at various points aimed at building a fully self-driving car. That project was significantly scaled back, with Apple refocusing on software rather than hardware. The idea that Apple is now plugging its autonomous software into Ford’s 2028 EV platform is not supported by anything either company has disclosed.
What this means for investors watching automotive tech Ford says its in-house development delivers a 30% cost advantage over external sourcing, reflecting a calculation that controlling the technology means controlling the cost structure, the update cadence, and the data that makes the system smarter over time.
Several competitors, including Mercedes-Benz, have already received regulatory approval for Level 3 systems in limited markets. The question is whether Ford can do it at scale, on an EV platform, at a cost that makes the subscription economics work.
BlueCruise offers a proof of concept that drivers will pay recurring fees for driver-assistance features. If Ford can extend that model to Level 3, the revenue opportunity shifts from a one-time hardware sale to an ongoing software relationship with millions of vehicle owners.
The absence of a major tech partner in this equation also has implications for companies like Mobileye and Qualcomm that supply ADAS components. Ford leaning in-house is one data point, but if larger automakers broadly adopt this posture, the addressable market for third-party autonomy suppliers contracts.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Shiba Inu continues to trade under strong bearish pressure, with its broader market structure still pointing lower despite early signs that selling momentum may be easing.
This assessment comes from market commentator Dukes Markets Analysis, who shared the outlook in a recent TradingView publication titled “SHIB: From Meme Queen to New Historic Lows.”
Bearish Trend Remains Firmly Intact for Shiba Inu According to Dukes, Shiba Inu remains below both its 50-day and 100-day Exponential Moving Averages (EMAs), two widely used indicators for identifying the prevailing market trend.
More importantly, the 50-day EMA continues to trade below the 100-day EMA, maintaining a bearish crossover that typically signals sellers remain in control of the market.
As long as SHIB stays beneath both moving averages, the broader technical structure continues to favor further downside. Consequently, any short-term price rebounds are likely to be corrective rallies rather than the beginning of a sustained bullish reversal.
Shiba Inu Must Reclaim a Key Resistance Level: Dukes Despite the prevailing bearish outlook, Dukes identified $0.00000458 as the first major resistance level bulls must reclaim.
This price previously served as a strong support zone before breaking down and subsequently turning into resistance. He suggests that a decisive breakout above $0.00000458, followed by a strong daily close, would mark the first meaningful improvement in SHIB’s market structure and suggest buyers are beginning to regain control.
Until then, however, the dominant bearish trend remains unchanged.
Shiba Inu TradingView Chart Momentum Indicators Hint at a Potential Recovery Although the overall trend remains negative, several momentum indicators suggest selling pressure may be easing.
The Relative Strength Index (RSI) has started to recover after previously falling into weaker territory. However, it still trades below the neutral 50 level, indicating bearish momentum continues to outweigh bullish strength despite the recent improvement.
Meanwhile, the Stochastic RSI (StochRSI), which measures the speed and momentum of price movements, continues to climb steadily without entering overbought territory. This suggests SHIB could have additional room for a short-term recovery before bullish momentum becomes overstretched.
Another Major Barrier Awaits Bulls Even with improving momentum readings, Dukes noted that Shiba Inu’s trading volume remains relatively subdued, highlighting the lack of strong conviction from either buyers or sellers.
He emphasized that any breakout above the immediate resistance would require significantly stronger buying activity to confirm a sustainable recovery rather than another temporary bounce.
Even if SHIB successfully reclaims the $0.00000458 resistance level, Dukes believes another significant challenge lies around $0.00000520. This price marks the next major resistance zone, where sellers could once again step in and cap further gains. As a result, bulls would likely need to overcome both resistance levels before Shiba Inu can establish a more convincing medium-term recovery.
SHIB Still Trades Far Below Its Record High At press time, Shiba Inu remained significantly below its all-time high of $0.00008845. Trading around $0.00000424, the token has declined 95.2% from its peak.
While SHIB has gained a modest 1.04% this month, it remains down 38.58% since the start of the year. The token currently ranks as the 31st-largest cryptocurrency by market capitalization, a notable decline from late 2021, when it consistently ranked among the world’s top 10 digital assets.
Meanwhile, trading activity continues to weaken, with daily volume falling 6.08% over the past 24 hours to $42.98 million, underscoring the lack of strong market participation despite tentative signs of improving momentum.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Leading cryptocurrencies flatlined on Wednesday as investors weighed the implications of the Clarity Act and rising geopolitical tensions in the Middle East.
Crypto Rally CoolsBitcoin failed to break through $67,000 and slipped back to $65,000 after encountering strong selling pressure. Ethereum wobbled in the narrow range between $1,900 and $1,950, while XRP and Dogecoin also moved sideways.
Earlier, Senate Republicans released an updated draft of the Clarity Act that introduced new ethics provisions to limit cryptocurrency investments by the president and other federal officials.
Over $180 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in long positions, according to Coinglass data
Bitcoin’s open interest slid 2.18% over the last 24 hours. Binance derivatives traders bought the dip, with both retail and whale players increasing their long exposure to the leading cryptocurrency.
"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.26 trillion, following an increase of 0.82% over the last 24 hours.
Stocks Close in the RedStocks ticked lower on Wednesday. The Dow Jones Industrial Average fell 6.06 points, or 0.01%, to close at 52,218.58. The S&P 500 slid 0.14% to close at 7,498.96, while the tech-heavy Nasdaq Composite lost 0.57% to settle at 25,690.90.
Geopolitical tensions remained elevated as Secretary of State Marco Rubio accused Iran of not being “serious” about negotiations. He added that Iran’s demands to control transit through the Strait of Hormuz could “never be allowed to happen.”
Will Bitcoin’s Rebound Lose Steam?Ali Martinez, a widely followed cryptocurrency analyst and trader, identified $70,920 as the next major resistance to watch for Bitcoin.
“Securing a close above $70,920 is required to clear this overhead supply and confirm the continuation of the BTC rebound,” the analyst added.
On-chain analytics firm CryptoQuant noted that despite Bitcoin’s recent uptick, spot buying has remained “thin,” with leverage doing the heavy lifting.
“No overheating yet, but not a rally on solid footing either. Watch for spot volume to actually warm up before chasing price,” the firm added.
Photo Courtesy: PJ McDonnell on Shutterstock.com
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Wealth concentration in the United States has reached extremes not witnessed in 100 years.
The richest 0.00001% of Americans now own 12% of national income, triple the Gilded Age peak, reports Moneywise.
Economist Gabriel Zucman highlights that in 1910 the figure stood at just 4%, but today it has soared dramatically.
“The focus is on the really narrow, very, very top of the distribution, the top 0.0001% that’s really a tiny number of individuals. That’s about 19 households today. It was four households in 1913. But this is where a lot of the action is taking place today.”
According to Zucman, the rate of income disparity has surged in the last 50 years to favor the top 1%. The economist adds that if the 19 wealthiest individuals decided to spend all of their fortunes, they could purchase about 10% of the value of all the goods and services produced in the US in a given year.
The United States now boasts 979 billionaires with combined assets of $5.7 trillion, the highest in the world. Forbes data shows that 15 of the 20 wealthiest people on the planet live in the US.
Zucman also notes that the ultra-wealthy are not spending their wealth in a way that could benefit lower-income individuals.
“It’s just an illustration of the overwhelming economic power that the rich have and the power that they have to buy elections, to buy media, to buy influence, to buy competitors.”
A breakout above the level in question will require sustained spot buying or Bitcoin could retreat to lower support.
Bitcoin is approaching a key technical level after recording its third consecutive weekly gain. The asset closed last week at around $65,000, rising 1.7% over the period and extending its three-week advance to 11.5%. It also remained above the $61,360 demand zone despite broader market volatility.
Following this sustained recovery, attention has shifted to the $68,000 resistance level. According to the recent Bitfinex report, this level could determine Bitcoin’s next short-term direction. The analysts identified a key reaction zone between $67,900 and $68,300, where the short-term holder realized price and the second-quarter opening level have converged.
Why the $68,000 Level Matters Bitfinex analysts say many holders who bought near the key reaction range may choose to sell once they recover their original positions. That behavior has created selling pressure during similar retests, making the coming move important for Bitcoin’s short-term direction.
A decisive breakout above the resistance zone would require sustained buying in the spot market rather than speculative activity. Otherwise, BTC could face another rejection and revisit lower support levels established during the recent recovery.
Current institutional demand may play a key role in determining that outcome. Notably, U.S. spot Bitcoin exchange-traded funds have shifted from sustained outflows to a more balanced flow pattern. However, Bitfinex analysts say fresh demand still depends heavily on BlackRock’s IBIT fund.
A More Supportive Macro Backdrop Bitcoin has also captured a larger share of total cryptocurrency spot trading volume in recent sessions. Analysts said this trend appears to reflect a defensive move away from altcoins rather than a broad return of confidence across the digital asset market.
Beyond crypto market dynamics, the broader macroeconomic environment has also become more supportive. June inflation in the United States recorded its first negative monthly reading in six years. Lower energy prices contributed to the decline, while weakness in the housing sector continued through lower building permits and higher inventories.
You may also like: China Pumps Billions in Tech ETFs: What Does It Mean for Bitcoin Miners? Crude Oil Spikes Above $91: What It Means for Bitcoin (BTC) Bitcoin Just Triggered Three Rare Signals That Previously Marked Market Bottoms Despite those signs of slowing activity, consumer spending and business investment have remained resilient. That combination has kept second-quarter economic growth estimates near 2.5%, creating a missed outlook for the Federal Reserve while supporting risk assets like Bitcoin.
The leading cryptocurrency, Bitcoin, has gained strong momentum in recent days and climbed above $66,000. In this context, BTC has returned to its highest level in over a month, and whether the uptrend will continue seems to depend on breaking through a critical resistance level very close by.
At this point, Bitfinex analysts stated in their weekly report that the key resistance area that will determine whether the uptrend can continue is around $68,000.
Analysts say this level is critical for BTC, as it roughly corresponds to the average purchase price of Bitcoin bought by investors over the last five months.
At this point, analysts said that investors who are at a loss might see the return to the break-even point of $68,000 as a selling opportunity, which could create selling pressure.
According to Bitfinex, the $68,000 region also coincides with the previous peak in mid-June, when Bitcoin’s recovery stalled and it fell below $58,000. In this context, analysts state that the market will show a strong reaction to this resistance zone being retested for the first time in a long time.
According to analysts, a sustainable breakout above the resistance zone requires sustained buying in the spot market rather than speculative activity. Otherwise, BTC may once again face rejection at this level and retest the lower support levels formed during the recent recovery.
“…the next test is approaching with the short-term investor cost floor and other key resistance levels converging around $68,000. A sustained move above this range, supported by strong spot demand, would strengthen the recovery scenario, while rejection could expose the market to another test of its recent lows.”
Bitfinex recently stated that it is seeing signs of a gradual improvement in market conditions. It cited as an example a shift in US spot Bitcoin ETFs from sustained outflows to modest inflows.
However, overall demand, including purchases by institutional Bitcoin treasury companies like Strategy, remains well below the levels seen earlier this year. This means the recovery hasn’t fully begun yet.
*This is not investment advice.
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Leading cryptocurrency analyst Ali Martinez anticipated on Monday a “decisive breakout” for XRP (CRYPTO: XRP) if the token successfully surpasses a key resistance level.
Where Is XRP Headed?Martinez posted an animated video showing XRP’s consolidation inside a symmetrical triangle on the hourly timeframe
XRP has been consolidating around the $1.09–$1.11 range throughout July. The video suggested that a breach of $1.13 could open the door for a potential rally toward $1.30.
“A decisive breakout above it could confirm the bullish breakout and open the door for further upside,” Matinez added.
Notably, Martinez flagged a “Buy” signal for XRP last week, around $1.109. Since then, the token is up 3.3%.
The Signals That MatterThe Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset’s price, also flashed a "Buy" reading for XRP, according to TradingView.
The Bull Bear Power indicator, which measures the strength of buyers and sellers, remained “Neutral,” and so did the Relative Strength Index, which hovered just above 50.
Meanwhile, open interest in XRP futures has risen by over 6% in a week, according to Coinglass, indicating high speculative interest. This, complemented by a 5.58% increase in spot price over the same period, validated the bullish trend.
Smart money sentiment, which refers to the collective outlook and capital allocation of institutional investors, turned “bullish.”
Price Action: At the time of writing, XRP was exchanging hands at $1.13, up 3.72% in the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy: Mehaniq on Shutterstock.com
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20 July 2026 | 20:22 Bitcoin has moved back above an important daily resistance level, placing the next Fibonacci barrier near $67,000 within reach.
Key Takeaways Bitcoin has broken above daily resistance near $64,000 while maintaining its higher-low structure. The next Fibonacci resistance sits around $67,000, followed by a larger test near $70,000. Spot Bitcoin ETFs recorded a second positive week after eight consecutive weeks of outflows. The monthly recovery remains conditional on reclaiming a long-term ascending trendline. BTC trades at approximately $65,400 at the time of writing on July 20, with the recovery from its late-June low continuing to produce higher lows.
The daily setup is constructive, but the monthly chart shows that Bitcoin is still trying to repair damage to its longer-term structure. The difference between those two time frames makes the next price reaction particularly important.
Daily Breakout Opens the Route Toward $67,000 The daily chart shows Bitcoin moving above the horizontal resistance around $64,000. Price is also holding above the 50-day simple moving average near $63,189 and continues to respect the ascending trendline extending from the late-June bottom.
Daily Bitcoin technical price chart with indicators. Together, these levels form the immediate support zone for the breakout. Holding above them would preserve the sequence of higher lows and leave the Fibonacci resistance near $67,000 as the next major test.
A move above $67,000 would strengthen the recovery, but the level may also attract selling because it marks the boundary between the current consolidation area and the next section of the broader range.
The first warning could be a daily return below the reclaimed $64,000 level. A subsequent break beneath the ascending trendline would turn the move into a possible false breakout and redirect attention toward the horizontal support.
The Monthly Chart Has Not Fully Recovered Bitcoin’s monthly chart presents a more demanding test. Price previously fell below the long-term ascending trendline that had guided the broader advance, turning the former support into resistance.
Monthly Bitcoin technical price chart. The latest rebound is now attempting to reclaim that line. It began after Bitcoin tested the area where the 0.618 Fibonacci retracement meets the 50-month simple moving average, currently near $59,930. That confluence provided bulls with a technically important area to defend.
A monthly close back above the ascending trendline would improve the longer-term structure and bring the 0.5 Fibonacci retracement near $70,000 into focus. Rejection from the trendline would leave Bitcoin vulnerable to another test of the $59,000 to $60,000 support region.
The daily breakout therefore supports a near-term bullish interpretation, but the monthly reclaim remains unconfirmed. Holding above resistance for several daily sessions is not the same as recovering the broader channel on a monthly closing basis.
ETF Inflows Return After Eight Red Weeks Spot Bitcoin ETF flows have also improved. The funds attracted $197.40 million during the week ending July 10, followed by another $75.67 million in the week ending July 17, SoSoValue data shows.
That produced two consecutive positive weeks and combined net inflows of approximately $273.07 million after eight straight weeks of outflows. The reversal removes some of the persistent fund-related selling pressure that accompanied Bitcoin’s earlier decline.
However, the second weekly inflow was smaller than the first. The data shows that demand has returned, but not yet that it is accelerating. Continued positive flows would provide stronger support for a move through $67,000 and toward the monthly resistance near $70,000.
The bullish confirmation could be backed by a successful retest of the $64,000 breakout area, followed by a sustained move above $67,000. The stronger long-term signal would come from a monthly close that reclaims the lost ascending trendline.
The broader setup also entered a macro-heavy period shaped by three groups of catalysts in the following days: technology-sector earnings, central-bank and economic decisions and US-Iran developments, which could influence oil prices and wider risk appetite.
For now, buyers hold the advantage on the daily chart. The monthly structure remains at an inflection point, making $67,000 the first test and $70,000 the level that could determine whether the recovery develops into a larger reversal.
This article is provided for informational purposes only and does not constitute financial or investment advice.
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.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
With the US-Iran conflict continuing and the Strait of Hormuz being closed again, and tensions escalating, Bitcoin has turned its gaze upwards once more. However, despite the rising tensions, Bitcoin is maintaining its support level of $60,000 while continuing to challenge the $65,000 level.
While price uncertainty continues for the coming days, a popular analyst, citing historical data, notes that it is quite rare for Bitcoin to fall below its previous all-time high (ATH) during bear markets.
The analyst also adds that, when past cycles are examined, the previous all-time high (ATH) presented a significant accumulation opportunity for long-term investors.
At this point, analyst Ali Martinez, in a post from account X, says that Bitcoin is showing the same pattern that led to massive gains of 550% and 7,500% in previous market cycles.
Analyzing the 2015 cycle first, the analyst noted that Bitcoin had fallen below its peak of approximately $259 reached in late 2013, but then experienced a remarkable return in the subsequent bull market, gaining over 7,500% in value.
The analyst noted that a similar scenario occurred in 2022, stating that after the 2021 bull market, BTC fell below the previous cycle’s peak of around $19,660 by the end of 2022.
Subsequently, BTC experienced a massive bull rally, increasing by over 550% to reach its peak of $126,198 in October 2025.
In this context, Bitcoin is trading below its 2021 all-time high of $69,000. While $69,000 stands out as a critical threshold for Bitcoin, according to the analyst, historical data, although not guaranteeing future price movements, points to an important milestone for BTC.
However, Ali Martinez believes that a recapture of the previous all-time high of $69,000 and its preservation as a strong support zone could signal Bitcoin’s exit from the bear market and entry into a new long-term uptrend.
“…History doesn’t guarantee the same outcome, but previous cycles show that reclaiming the previous cycle’s all-time high often signals a transition from a bear market to a sustainable bull trend.”
If BTC can successfully reclaim $69,000 and hold that level as support, that would be another strong piece of evidence suggesting the next major uptrend may have already begun.”
*This is not investment advice.
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Key Takeaways SOL currently trades between $74 and $76, experiencing a decline of more than 3% over the last 24 hours with trading volume reaching $1.65B Technical analyst Ali Martinez identifies a monthly TD Sequential “9” buy indicator on Solana’s price chart Liquidation data reveals long position holders suffered losses of $13.06M out of a total $14.37M in 24-hour liquidations Crypto Patel maintains that SOL’s long-term projection of $500 stays intact provided price action remains above the 0.5 Fibonacci retracement Critical resistance and support zones: $77.35 marks the bullish flip level, while $70–$75 represents crucial support territory Solana (SOL) is currently positioned at $75.97, showing a 1.49% increase over the previous 24-hour period. The digital asset has generated $1.88 billion in daily trading activity, maintaining a market capitalization of $44.26 billion.
Solana (SOL) Price While SOL has experienced a modest bounce, the asset remains in negative territory with a 5.9% decline across the seven-day window and an 8.9% decrease over two weeks. However, the cryptocurrency maintains a positive 2.6% gain on the monthly timeframe.
Technical analyst Ali Martinez has identified a significant monthly TD Sequential “9” buy indicator on Solana’s price chart. This technical formation emerged following a substantial downturn from above $245 in late 2024 to approximately $76.62.
The TD Sequential indicator has materialized after a prolonged bearish phase and suggests diminishing selling pressure. Technical signals occurring on monthly charts typically carry greater significance compared to those appearing on shorter time intervals.
To confirm the bullish setup, SOL must recapture the $80–$85 price range. A decisive monthly closure above $100 would provide stronger evidence of a macro trend reversal. Conversely, a breakdown below the $70–$75 zone would compromise the bullish thesis and potentially trigger a move toward $60.
Critical Fibonacci Retracement Supports Long-Term Price Projection Market analyst Crypto Patel maintains that Solana’s ambitious $500 price projection remains achievable, contingent upon maintaining support above the 0.5 Fibonacci retracement threshold. This technical level is viewed as a fundamental component of the asset’s broader market architecture.
Maintaining price action above the 0.5 Fibonacci retracement typically indicates that the underlying uptrend remains structurally intact, despite interim pullbacks.
Examining the near-term one-hour timeframe reveals a bearish technical formation. The entry range is positioned between $76.45 and $76.70, with projected downside objectives at $75.70, $74.30, and $73.60.
This bearish near-term configuration remains effective provided SOL continues trading beneath $77.30. A decisive break and close above $77.35 would negate the bearish scenario.
Long Position Holders Bear Brunt of Market Liquidations Data from CoinGlass indicates that traders holding long positions sustained the majority of recent market losses. Aggregate SOL liquidations spanning 24 hours totaled $14.37 million. Long position liquidations comprised $13.06 million — representing approximately 91% of total forced closures.
Within a 12-hour window, long traders experienced $7.66 million in liquidations compared to $1.07 million for short positions.
In a separate technical development, Solana’s SuperTrend indicator on the three-day chart shifted to bullish on July 12 — marking the first buy signal since October 10.
During the period spanning July 3 to July 11, exchange reserves decreased by 100 million SOL tokens. Simultaneously, the Solana network welcomed 1.4 million new wallet addresses, according to data provided by Token Terminal.
Solana continues trading within a significant historical volume cluster that extends between present price levels and a wider macro expansion zone.
Leading cryptocurrencies moved sideways on Sunday as U.S. strikes on Iran continued into their “ninth consecutive night.”
Crypto Market CoagulatesBitcoin hovered between $64,000 and the low $65,000 range, even as trading volume surged 12% over the past 24 hours. Ethereum was stuck in the $1,800 zone, while XRP and Dogecoin also moved sideways
Nearly $120 million was liquidated from the cryptocurrency market in the last 24 hours, with bearish short traders bearing the brunt of the losses, according to Coinglass data
Bitcoin’s open interest fell 0.42% over the last 24 hours. That said, retail and whale derivatives traders on Binance remained long on the apex cryptocurrency.
"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, up 0.44% over the last 24 hours.
Iran Tensions Pressures Stock FuturesStock futures were mixed in overnight trading on Sunday. The Dow Jones Industrial Average Futures were down 16 points, or 0.03%, as of 8:51 p.m. EDT. Futures tied to the S&P 500 gained 0.08%, while Nasdaq 100 Futures climbed 0.32%.
Geopolitical tensions kept investors on edge as the U.S. military said it had struck Iran for the “ninth consecutive night” in an effort to degrade Iranian military capabilities further.
Iranian strikes on Friday killed two U.S. service members in Jordan and left another missing. The total U.S. death toll in the war now stands at 16
Why $69,000 Is Key For BitcoinAli Martinez, a widely followed cryptocurrency analyst and trader, noted Bitcoin trading below the previous cycle’s all-time highs. Historically, reclaiming this level has marked the transition from a “bear market back into a sustained bull trend,” they added
“If BTC can successfully reclaim $69,000 and hold it as support, it would be another strong piece of evidence suggesting that the next major uptrend could already be underway,” the analyst said.
Michaël van de Poppe, another popular cryptocurrency commentator, anticipated a “big week” for cryptocurrency ahead, forecasting Solana (CRYPTO: SOL) and ETH as “clear plays” over Bitcoin.
“I assume that these will outperform when Bitcoin breaks that $65,000 area,” Van De Poppe projected.
Photo courtesy: Wirestock Creators on Shutterstock
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CryptoQuant analyst Darkfost wrote that Binance and Bybit have seen a combined stablecoin outflow of over $2.3 billion in the past 30 days, and Bitcoin liquidity is drying up. Bitcoin has been testing the key $60,000 level for nearly 165 consecutive days. Although it briefly broke above $80,000 in May, it failed to hold or reignite Bitcoin's upward momentum. One reason for this situation is the lack of new liquidity flowing into the market. Whether for direct Bitcoin investment or the broader crypto market, new demand is hard to materialize. Looking at changes in exchange stablecoin reserves, things have been particularly bad since the beginning of the year, with an almost continuous decline, reflecting that outflows significantly exceed inflows. In the past 30 days alone, Binance's stablecoin reserves have drained by $1.55 billion, and Bybit's by $786 million. The decline in reserves sends a clear signal: demand and liquidity are shrinking, and investors seem inclined to withdraw stablecoins from exchanges or even exit the market entirely. Therefore, it is precisely this persistently overly pessimistic market sentiment that continues to deprive Bitcoin of the resources needed to break out of the current consolidation range.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The final of the US-Canada-Mexico co-hosted World Cup will kick off at 3:00 AM on July 20 at New Jersey Stadium in the New York metropolitan area. US President Donald Trump has confirmed his attendance. The US has launched a "Level 1" special security operation for the event. Deployments at the venue include F-16 fighter jets, military snipers, and thousands of FBI agents, with temporary flight restrictions and no-fly zones implemented across New York and New Jersey. On match day, roads around the stadium will be under traffic control; fans are required to arrive at least four hours before kickoff, while media must complete check-in and security screening by 12:30 PM Eastern Time on July 19.
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Sui has launched gas-free stablecoin transfers, a move that goes directly at one of the most annoying pieces of crypto payments: needing the network’s native token just to move dollars.
For experienced crypto users, gas is normal. For everyone else, it is friction. A user may have USDC or another stablecoin in a wallet, but if they do not also hold the chain’s native token, they can get stuck. They cannot send funds, make a payment, or move assets without first acquiring gas.
That is a terrible experience for payments.
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That sounds technical, but the user-facing idea is simple: stablecoins should move more like money and less like a puzzle.
Reference: Sui
TL;DR Sui has launched gas-free transfers for supported stablecoins. Users can move assets such as USDC without first holding SUI for fees. The change could make Sui more competitive in stablecoin payments and consumer crypto apps. Why Gas Still Breaks Crypto UX Stablecoins are one of crypto’s clearest product-market fits.
They are used for trading, settlement, payments, remittances, DeFi collateral, and dollar access in markets where banking rails are slow or unreliable. But even stablecoins can feel awkward when the user has to understand gas.
The problem is especially obvious for new users. Someone may receive stablecoins and assume they can send them immediately. Then the wallet tells them they need the native asset to pay fees. Now they have to find SUI, ETH, SOL, TRX, or another gas token before they can do anything.
That is not how normal payments work.
Nobody expects to hold a separate “fee token” to send pounds from a banking app or dollars from a payment wallet. Crypto users have learned to tolerate that because they understand blockchains. Mainstream users have not, and probably should not have to.
Gas-free stablecoin transfers are an attempt to hide that complexity.
If Sui can make stablecoin movement feel more like a normal payment action, the network becomes easier to use for wallets, apps, merchants, and everyday transfers.
Stablecoin Competition Is About Convenience Now Sui is not the first network to chase stablecoin payments, and it will not be the last.
Ethereum has the deepest liquidity and most established DeFi ecosystem. TRON has become a major stablecoin transfer network because of its low fees and wide USDT usage. Solana has pushed hard into fast, low-cost consumer payments. Base is trying to combine Ethereum alignment with cheaper transactions and app distribution.
That means Sui needs a real reason for users and developers to care.
Gas-free stablecoin movement is a practical answer. It does not rely on abstract network claims. It solves a visible user problem.
The supported stablecoin list is important as well. According to the cleaned pack, supported assets include USDC, USDsui, suiUSDe, AUSD, FDUSD, USDB, and USDY. That gives the feature a wider stablecoin base than a single-asset implementation.
For developers, the more interesting part may be the infrastructure model. If apps can build payment flows where the user never has to think about gas, Sui becomes easier to integrate into consumer-facing products.
That could matter for wallets, games, DeFi front ends, subscription tools, and cross-border payments.
The Real Test Is Usage The launch is promising, but the market will judge it by adoption.
Gas-free transfers sound useful, but the feature needs real volume. Users have to adopt it. Wallets and apps have to integrate it cleanly. Stablecoin liquidity has to remain deep enough that the experience feels reliable.
The competitive bar is high. Users already move stablecoins across other networks, and many do not care which chain wins as long as the transfer is cheap, fast, and easy. Sui has to prove that removing gas friction is enough to pull activity into its ecosystem.
There is also a sustainability question. If end users are not paying gas directly, someone else is absorbing or sponsoring those costs. That can work well, but the economics need to make sense over time, especially if volume scales.
Still, the direction is right.
Crypto payments will not become mainstream if every transaction requires users to understand the mechanics underneath. The winning experience probably looks boring: open app, send dollars, done.
Sui’s gas-free stablecoin feature moves in that direction. It is not a guarantee that Sui becomes a dominant payments chain, but it gives the network a cleaner user-experience argument at a time when stablecoin competition is becoming more serious.
This article is based on information from Sui Network.
This article was written by the News Desk and edited by Samuel Rae.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
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17 July 2026 | 16:40 Ethereum was rejected near $1,930 and subsequently fell through the 0.382 Fibonacci retracement. The decline has returned ETH to the former resistance area that blocked buyers for almost 10 days before the breakout. That makes the current pullback a direct test of the new market structure.
Key Takeaways ETH was rejected near $1,930 and lost the 0.382 Fibonacci retracement during the pullback. Price is now testing an area that capped ETH for almost 10 days before the breakout. Open interest has fallen from above $15B toward $11.5B, showing that derivatives exposure is being reduced. Funding remains positive, leaving the smaller pool of open positions tilted toward longs. Derivatives positioning adds an important qualification. Open interest has contracted significantly, indicating that traders are reducing exposure, but funding rates remain positive. The market is less leveraged than it was near the recent open-interest peak, although the positions still open remain biased toward the bullish side.
Former Resistance Becomes the Main Decision Zone The support being tested is more important than an isolated Fibonacci level because of the time ETH previously spent below it. Sellers controlled this area for nearly 10 days before buyers finally forced a breakout.
Daily Ethereum price chart. A successful retest would show that supply at the former resistance has been absorbed. ETH would then need to recover the 0.382 Fibonacci level before making another attempt at $1,930.
Failure would indicate that the breakout did not establish durable support. In that case, the 50-day SMA and the 0.236 Fibonacci retracement would form the next major area for buyers to defend.
The daily close matters more than a intraday move through the level. A temporary dip followed by a recovery would leave the structure intact, while a close below support and a failed retest would provide stronger evidence of a breakdown.
Funding and Open Interest Tell Different Parts of the Story Ethereum open interest across all exchanges rose above the $15B area during the middle of the latest 90-day period before declining toward approximately $11.5B, per CryptoQuant data.
Ethereum open interest trends across exchanges. That contraction shows that traders have been closing positions rather than adding substantial new derivatives exposure. The market is therefore in a de-risking phase after the earlier build-up.
Lower open interest reduces the amount of leverage available to fuel a fresh liquidation cascade. It does not eliminate downside risk, but it means the current pullback is not developing alongside an aggressive expansion in open positions.
Funding rates provide the other half of the picture. Most readings across the latest 30 data points have remained positive, with recent values around 0.004 to 0.011. Long traders are still paying shorts, showing that perpetual positioning remains bullish overall.
Ethereum funding rate fluctuations on exchanges. The occasional negative dips demonstrate that sentiment can reverse quickly, but the latest combination is clear:
Total derivatives exposure is shrinking. The positions that remain are still tilted toward longs. That is a less crowded setup than rising open interest combined with strongly positive funding. The remaining risk is that a support failure forces those long-biased traders to reduce exposure further.
A recovery would be more convincing if open interest stabilizes or begins rising gradually after ETH holds support. Price bouncing while open interest continues to fall would suggest that the move lacks broad derivatives participation.
What the Derivatives Data Needs to Show The chart already defines the key support and resistance levels. The derivatives data can show whether the next move has enough participation to continue.
ETH Market Sentiment Indicator
🟢 Strong Recovery
ETH holds the breakout zone with rising or stable open interest. Positive funding remains constructive- provided it avoids the danger of crowded long positioning.
⚪ Weak Recovery
Price bounces while open interest falls, indicating that the move is fueled by short-covering or position closures rather than genuine new exposure.
🔴 Greater Downside Risk
ETH loses key support while funding remains positive, leaving long-biased traders highly vulnerable to a potential cascade of position reductions.
Open interest has already fallen substantially from its recent peak, so the market is less leveraged overall. The next signal is whether traders begin rebuilding exposure after support holds or continue withdrawing from the derivatives market.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice.
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.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Leading cryptocurrencies fell alongside stocks on Thursday as the chip selloff and Iran tensions impacted risk appetite.
Crypto Market Breaks LowerBitcoin retreated to the $63,000 zone after consolidation, while Ethereum tumbled to an intraday low of $1,848. XRP and Dogecoin also edged lower.
More than $320 million in cryptocurrency positions were liquidated over the past 24 hours, including $276 million in bullish long positions, according to Coinglass data.
Bitcoin’s open interest fell 2.73% over the last 24 hours. That said, smart money sentiment on Binance, which refers to the collective outlook and capital allocation of institutional investors, remained “Bullish.”
Market sentiment switched from “Extreme Fear” to “Fear,” according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.22 trillion, representing a slight increase of 0.14% over the last 24 hours.
Stock Market Spooked After Chip SelloffStocks sold off sharply on Thursday. The Dow Jones Industrial Average lost 105.67 points, or 0.20%, to close at 52,552.97. The S&P 500 fell 0.51% to end at 7,533.77, while the tech-heavy Nasdaq Composite shed 1.47% to settle at 25,881.95.
In other news, White House Press Secretary Karoline Leavitt said Iran “very much continues to talk” and expressed willingness to make a deal with the U.S.
Where Are BTC, ETH Headed?Michaël van de Poppe, a popular cryptocurrency commentator, maintained a bullish stance on Bitcoin, stating that despite a recent correction, it looks primed for “upside momentum.”
“Clear breakthrough above $65,000, and we’re still going to see a strong run,” Van De Poppe added.
Ali Martinez, a widely followed cryptocurrency analyst and trader, said that Ethereum has reclaimed the 0.8 Market Value to Realized Value Pricing Band as support. This key level has preceded strong rallies in the past.
“If history rhymes once again, the next key level to watch is the Realized Price at $2,24,” Martinez stated.
Photo: KateStock / Shutterstock
Market News and Data brought to you by Benzinga APIs
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Bitcoin traders got caught on both sides of the same trap this week, according to one chart analyst tracking the recent price swing, and the fallout is exposing exactly which level really matters right now. Bitcoin had been consolidating inside a triangle pattern for days. When price finally broke toward the upside, traders piled into long positions expecting a clean continuation higher.
It didn’t hold. Bitcoin’s triangle breakout was actually a fakeout that liquidated many traders, according to the analyst, who says he avoided the trade entirely because he doesn’t trust breakout setups. His rule instead: enter only at support, ideally right after a liquidity grab, not on a breakout chase.
One Level That Actually Matters
Using a volume profile across Bitcoin’s recent price action, the analyst identified a single price zone that keeps reappearing as the point of control, the area with the heaviest trading volume on the entire chart.
The single biggest support on Bitcoin’s entire chart sits near $62,500, he says. That level lines up with three separate technical tools: the volume profile’s point of control, an anchored VWAP drawn from a recent swing low, and a rising trend line connecting Bitcoin’s recent higher lows.
Reading the Current Pullback as a Wave Count
The analyst frames Bitcoin’s broader move as an ABC correction, with the current leg representing what he calls the “C wave,” itself expected to unfold in five smaller waves. He believes wave one of that structure just completed, and Bitcoin is now working through wave two, the current pullback.
Fibonacci retracement levels give him two targets for where that pullback could end: a shallower target near $63,600, and a deeper one closer to $62,500, which aligns with the volume-based support already identified. A confirmed break below $61,700 would invalidate the current bullish wave count, he said, marking the line where his entire bullish thesis falls apart.
Resistance Levels Standing in the Way
Above current prices, the analyst is watching resistance near $65,700, a zone he says carries extra weight because two separate liquidity pools stack at that same level, alongside the top of a descending channel.
If Bitcoin can push through that resistance while forming a third wave higher, he expects the move to continue toward $68,000, an area that lines up with both an anchored VWAP resistance zone on the daily chart and a Fibonacci extension target. The analyst’s next major upside target for Bitcoin sits near $68,000 to $69,000.
Where This Leaves Traders
The analyst says he remains long on both Bitcoin and Ethereum, along with an existing long position on Hyperliquid, and continues to view pullbacks toward support as buying opportunities rather than reasons to turn bearish, as long as Bitcoin holds above its most recent low.
Story Ends Here
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XRP (CRYPTO: XRP) has dropped around 13% over the past month even as Binance’s XRP reserves dropped to their lowest level since February.
Binance XRP Reserves Stabilize Near 2.61 BillionIn an X post on July 15, CryptoQuant data shows that Binance’s XRP reserves fell to roughly 2.61 billion tokens at the start of July before stabilizing near that level.
The decline extends a broader drop in XRP held on the world’s largest cryptocurrency exchange, with no major inflows replenishing reserves.
Lower exchange reserves often suggest investors are moving tokens into private wallets, reducing the amount immediately available for sale.
However, XRP’s price continued to decline during the same period, showing that falling reserves alone have not been enough to reverse bearish momentum.
XRP trades near $1.10 as weak liquidity, muted trading volume and cautious investor sentiment outweigh the potential supply-side boost from lower Binance reserves.
If exchange balances continue to decline while demand improves, the reduced available supply could ease selling pressure over the medium term.
Monthly Buy Signal AppearsCrypto chart analyst Ali Martinez said XRP has flashed a monthly TD Sequential buy signal.
The indicator attempts to identify potential trend exhaustion and reversal points after a prolonged move in one direction.
The signal adds to the case that XRP may be approaching a technical bottom, but bulls still need stronger demand and trading volume to confirm a sustained recovery.
Image: Shutterstock
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Binance’s XRP reserves have dropped to their lowest level since February, according to CryptoQuant data shared by Arab Chain.
The decline suggests a continued reduction in the amount of XRP held on the world’s largest cryptocurrency exchange.
Notably, Binance’s XRP reserves fell to about 2.61 billion XRP at the start of July. They have since stabilized around that level, as no major inflows have been recorded to replenish the exchange’s reserves.
XRP Price Drops Despite Lower Exchange Supply Amid the decline in reserves, XRP’s price fell to around $1.06 over the same period. This suggests that lower exchange balances alone were not enough to trigger a price recovery.
Essentially, broader market conditions continue to drive XRP’s performance. Liquidity, trading activity, and investor sentiment remain the primary factors influencing the price, even as exchange-held supply declines.
Lower Binance Reserves May Reduce Selling Pressure Binance’s reserves remaining at 2.61 billion XRP mark the lowest level in five months. Lower exchange balances indicate that investors are moving tokens off trading platforms, reducing the amount of XRP readily available for sale.
While the decline in reserves has not yet pushed prices higher, it could help reduce selling pressure over the medium term if demand improves. A tighter exchange supply, combined with stronger buying activity, could create more favorable conditions for XRP.
Notably, Binance held more than 3 billion XRP in reserves a year ago. At the time, XRP was trading above $3.25, near its cycle peak. However, the price later declined by about 72%, reaching $1.04 earlier this month.
During the same period, Binance’s XRP reserves largely mirrored the price movement, declining steadily over the past 12 months as XRP fell. This runs counter to the popular view that declining exchange reserves necessarily indicate accumulation and are inherently a bullish signal.
Meanwhile, given how far the bear market has progressed, the situation could be stabilizing, potentially opening the door for a bullish recovery. At press time, XRP was trading at $1.11, up 4.62% over the past 24 hours. Its weekly performance has also returned to positive territory.
Selling Pressure Still Weighs on XRP In a separate CryptoQuant analysis, Arab Chain highlighted Binance’s Cumulative Volume Delta (CVD) Confirmation Score as evidence of continued selling pressure. The CVD stood at approximately -6.93 million, indicating that sell orders continued to outpace buy orders on the exchange.
Meanwhile, the 30-day Price-CVD Confirmation Score stabilized at around 0.84, suggesting that the relationship between price action and order flow remains intact. However, buying activity is still too weak to support a sustained reversal.
Arab Chain said that while declining exchange reserves can tighten available supply, XRP’s price will continue to depend on stronger demand, improved liquidity, and sustained buying pressure. A positive CVD, along with a stronger Confirmation Score, could signal renewed buying interest and support a broader recovery.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Strategy, which had stated for a long time that it would not sell Bitcoin but subsequently sold BTC twice, has now formalized its sales.
While this situation reduces the risk of the company’s sales falling due to the BTC price, Strategy CEO Phong Le stated that they have not abandoned their BTC buying strategy.
Speaking to Bloomberg, Strategy CEO Phong Le stated that the company’s financial structure is strong and that its BTC strategy and purchases are not putting pressure on the company.
Lee stated that the Bitcoin price and purchases would need to fall to levels between $8,000 and $10,000 for it to create significant debt pressure on the company.
Le stated, “When Bitcoin approaches the $8,000-$10,000 range, we need to assess some risks related to our debt. However, at current levels, we are extremely confident in our balance sheet.”
The renowned CEO, recalling Bitcoin’s past experience of weathering numerous sharp declines and bull cycles, stated that Strategy has remained afloat despite challenging market conditions in both 2022 and this year, and will likely weather this bear market as well.
He also added that the company is preparing for its next growth cycle.
The Company’s USD Reserves Reach $3 Billion! The CEO announced that the company’s cash reserves have increased to approximately $3 billion thanks to a recent share sale.
Le stated that this step was taken specifically to respond to the higher liquidity demands of preferred shareholders, and that the company’s priority was to bring the nominal value of the preferred stock, STRC, back to the $100 level.
He then added that new preferred shares would be issued and a significant portion of the funds raised would be used again to purchase Bitcoin.
We Don’t Control the Bitcoin Market! Addressing criticisms that Strategy has excessive influence over the Bitcoin market, Le emphasized that the Bitcoin it holds represents only 4% of the total supply.
Le, noting that the daily Bitcoin trading volume exceeds $30 billion, pointed out that the price rose despite Strategy recently selling approximately $200 million worth of Bitcoin, indicating that the company is not driving the market alone.
We Haven’t Given Up, We Will Continue Buying Bitcoin! The renowned CEO emphasized that despite the company’s recent sales, it has no plans to abandon its Bitcoin accumulation strategy and aims to remain the largest buyer of BTC.
“We’re not going anywhere. Our goal is to become the biggest buyer of Bitcoin for the foreseeable future.”
*This is not investment advice.
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Across X, Reddit, and Telegram, crypto talk just fell to its second-lowest daily volume since October 2024. According to the Santiment update, this washout in social chatter arrives precisely as Bitcoin stalls near the mid-$60,000 range, creating a stark contrast between price and crowd energy. The data tracks a notable sentiment drain — right before the summer 2024 pump, similar silence was recorded.
The metric captures aggregated discussions across major social platforms. A drop this pronounced means fewer arguments, fewer meme posts, and fewer calls for directional bets. On the surface, that disinterest looks bearish. But historically, periods of retail exhaustion often clear the runway for stronger hands to build positions without triggering the kind of noise that scares off large buyers.
When Timelines Go Silent, Markets Often Shift Markets rarely bottom during lively chatter. Whales and institutions — the cohort Santiment’s data routinely monitors — tend to operate more freely when the crowd is bored. With fewer traders chasing every candle, bid walls and accumulation orders face thinner opposition. The current backdrop is notably different from the panic-driven selloffs of last year. Bitcoin isn’t crashing; it’s drifting sideways in a range that has worn out the speculative crowd.
The apathy is not without context. Macro uncertainty still simmers, and an ongoing tug‑of‑war in Washington over digital asset regulation — as banks lobby against a landmark crypto bill — continues to weigh on sentiment. ETF flow swings add another layer of caution. That cocktail of hesitancy has pushed many active traders to the sidelines, which is exactly what the social trend data now confirms.
Whales Are Not Waiting for a Cheerful Crowd Santiment’s take is straightforward: disinterest is one of crypto’s most underrated forms of FUD. When retail traders stop refreshing charts and stop flooding feeds, large buyers can accumulate with far less resistance. The last time social volume sat at these depths, Bitcoin rallied sharply shortly after. That historical echo doesn’t guarantee a repeat, but it does signal that the market is thinner than it appears, and even a modest shift in demand could carry outsized impact.
What makes this signal particularly interesting is the contrast between on-chain development and Timelines. While social chatter has evaporated, developer activity across chains like Ethereum, BNB Chain, and Polygon remains robust. Infrastructure work continues even when the crowd goes quiet. That split — calm socials, steady building — often precedes the kind of recovery that catches sidelined traders off guard.
The Santiment update doesn’t offer a price target. It simply notes that the current environment of low enthusiasm and quiet forums has a history of rewarding patient positioning. For now, the market watches for even a small spark — a shift in ETF flows or a regulatory breakthrough — that could look far larger than it actually is when nobody is paying attention.
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Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
A plunge below $0.90 or the start of a new bull run: what is next for XRP?
Ripple’s cross-border token remains one of the most talked-about topics in the crypto space, but analysts have recently split into two distinct camps.
On one side, we have people calling for the end of the bear market and a price explosion toward new historical peaks, and on the other, pundits who believe XRP may drop well below $1 in the near future.
The Bearish Scenario As of press time, the asset is worth around $1.07, which means a 5% plunge over the past week. According to X user Diana, losing the $1.08 support may result in a final shakeout to much lower levels.
She believes the next move could be a sell-off toward the $0.90-$0.93 liquidity zone, followed by a relief bounce above $1 and an ultimate flush into the $0.87 macro support, which is expected to complete the entire correction and set the stage for the next major expansion.
Cryptorphic also paid attention to $1.08, which remains strong resistance, indicating that the current structure favors sellers and could lead to further declines.
Some factors also suggest that the price of Ripple’s native token may head further south in the short term. As CryptoPotato reported, positive online posts about XRP have surged recently, with FOMO rising to a multi-month high. This may sound optimistic, but the cryptocurrency market is a weird one and often moves against the crowd’s expectations.
Another worrying element is the waning interest in spot XRP ETFs. Up until the beginning of July, the inflows consistently surpassed outflows, yet in recent weeks, pension funds, hedge funds, and other conservative investors started reducing their exposure to the asset, forcing Bitwise, Canary Capital, Franklin Templeton, 21Shares, and Grayscale to sell XRP to maintain the proper backing of the shares.
You may also like: XRP and ETH Traders Turn Bullish as FOMO Surges to 5-Week High: Santiment 3 Years After The Key Ripple-SEC Ruling: How XRP Went From SEC Target to Institutional Asset The End of a Ripple Era: XRP ETFs Record First Red Week In Months Spot XRP ETFs, Source: SoSoValue The Bulls Are Also Vocal The XRP Army has a reputation for strong loyalty and consistent support for Ripple’s cryptocurrency, even in challenging times. That said, it is no surprise that some market observers continue to foresee fresh all-time highs.
Not long ago, X user Crypto Patel claimed that the asset is repeating a macro pattern that has previously led to 1,000%+ rallies. In their view, history suggests another expansion phase that could push the price to a new peak above $9.
Celal Kucuker is also highly optimistic, reminding XRP’s monthly rise by 500% two years ago. “Now people say $7 by year-end is impossible… yet there are still 6 months left. Never underestimate what Ripple can do,” they added.
Of course, expectations should remain tempered given the extended bear market gripping the crypto space. One should also know that such high price levels for XRP would require its market capitalization to skyrocket above $350 billion, and that seems far-fetched (to say the least) as of the moment.
Ripple’s XRP remains trapped within a broader bearish market structure despite several recovery attempts over the past few weeks. While the recent price action suggests sellers remain active at higher levels, the market is once again testing a critical demand zone that could determine whether the token stabilizes or extends its decline.
XRP Price Analysis: The Daily Chart On the daily timeframe, XRP continues to trade inside a large descending channel that has contained the price action since the beginning of the year. The asset was recently rejected from the upper resistance region around $1.22-$1.29, a supply zone that has repeatedly capped bullish advances throughout the downtrend.
The rejection occurred near the confluence of the descending channel’s upper boundary and the 100-day moving average, reinforcing the significance of this area.
Following the rejection, XRP has retraced toward the key demand zone around $1.02-$1.08. This region has repeatedly attracted buyers and currently represents the most important support level on the daily chart. As long as the price remains above this area, the market could continue consolidating within the lower portion of the channel.
A breakdown below the $1.02-$1.08 support zone would likely invalidate the current stabilization attempt and expose the lower boundary of the channel, potentially opening the door for a deeper decline.
XRP/USDT 4-Hour Chart The 4-hour chart provides a clearer view of the recent weakness. XRP rallied aggressively from the lower demand zone but failed to sustain momentum after reaching resistance at the descending trendline and the overhead supply region around $1.22-$1.29.
Since then, the asset has produced a series of lower highs and lower lows, reflecting growing short-term bearish pressure. The market has now returned to the decisive demand zone around $1.03-$1.08, which has acted as the foundation for every meaningful rebound since late June.
This area remains the primary level to monitor. A successful defense could trigger another relief rally toward the descending trendline and the $1.22-$1.29 resistance zone. Such a move would keep XRP trapped within its broader consolidation structure while preserving the possibility of a larger breakout later.
On the other hand, a decisive loss of the demand zone would represent a significant structural deterioration and likely shift momentum firmly back in favor of sellers.
For now, the token remains positioned at a critical support area. While the broader trend continues to favor caution below the major moving averages and descending channel resistance, the $1.02-$1.08 demand zone remains the key level bulls must defend to prevent another leg lower.
XRP has reached its breakout retest point, looking to defend an important support level that could determine its next major move.
XRP currently changes hands at $1.06, which puts it close to $0.9539, the exact price where it broke out of a six-year symmetrical triangle in 2024. This level could decide whether the broader bullish trend stays intact or gives way to a deeper correction.
Essentially, the $0.9539 area marked the breakout point that ended a long period of consolidation and started the rally that pushed XRP to $3.6 last July.
As the price moves back toward that area, it remains to be seen if buyers can defend it. A successful defense would strengthen the current market structure, but a failure could signal that the upsurge is losing support.
XRP 6-Year Triangle Breakout Notably, XRP spent more than six years moving inside a large symmetrical triangle after reaching its cycle high during 2017 and 2018. Throughout this period, the chart formed five major pivot points, labeled A, B, C, D, and E, as the trading range became increasingly narrow.
However, the structure changed when XRP broke above the triangle in 2024 at around $0.95398. This breakout started a five-wave impulse move that carried the token to a high of $3.3 by January 2025.
After completing the upsurge, the price pulled back toward the $2 area before recovering to the July 2025 all-time high of $3.66. From there, XRP has now corrected to the same breakout area.
XRP 1W Chart Such a correction often serves as an important test. Markets frequently return to previous breakout levels to see whether old resistance can become new support. If XRP holds above this level, it will confirm that the breakout remains valid. If it falls below it, further downside could play out.
XRP Could Face More Downside Before Possible Reversal Meanwhile, the 4-hour chart shows that XRP is trading inside a red symmetrical channel, where an ending diagonal appears to be developing. The pattern contains five overlapping sub-waves, and the fifth wave is still in progress.
Current projections suggest that the final leg of this pattern could take XRP into the $0.80 to $0.90 range before it finishes. Ending diagonals usually form near the end of a decline and suggest that selling pressure is fading. Once they are complete, they can lead to a strong recovery.
XRP 4h Chart However, for now, the pattern remains unfinished. This means XRP could still move lower in the short term before buyers attempt to regain control.
Important XRP Price Levels The first support area sits between $1.00 and $0.95398. If XRP drops below this range, the next support lies between $0.80 and $0.90, which aligns with the projected end of the current ending diagonal.
A further decline would bring $0.60160 into the picture. This level marks an important pivot from the six-year triangle and could become the next major support for XRP.
The chart also highlights $0.39368 as the main Wave IV support level. If selling becomes much stronger, $0.11540 would represent the final capitulation target in the current technical outlook.
On the upside, XRP must first break through resistance between $1.20 and $1.30. If buyers clear that area, the next resistance sits at $1.60, followed by the previous high of $3.29998.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
While institutional investors continue to show interest in the cryptocurrency market, there has been a noticeable decline in individual investor engagement on social media. According to recent data, the volume of posts using the keywords “Bitcoin” and “Ethereum” on X (formerly Twitter) has fallen to its lowest level in the last 12 months.
Daily posts about Bitcoin have dropped to around 130,000, while posts about Ethereum have fallen to around 40,000. These levels represent the lowest social media activity seen since 2020, when institutional interest was just beginning to emerge.
Tweet volume is considered one of the key indicators measuring the level of interest of individual investors in the market. This metric reveals not the amount of capital entering the market, but how much investors are talking about specific assets. The current situation is noteworthy because, despite social media interest falling back to 2020 levels, institutional investors’ interest in cryptocurrencies is conversely accelerating.
In 2020, Bitcoin and Ethereum hadn’t yet fully entered Wall Street’s radar, spot ETFs hadn’t been approved, and holding crypto assets on corporate balance sheets wasn’t widespread. Today, the picture has changed dramatically. Spot Bitcoin and Ethereum ETFs manage billions of dollars in funds, and asset tokenization holds a significant place on the agenda of traditional finance conferences and major financial institutions.
Analysts believe this development could signal that institutional adoption may now be able to progress independently of individual investor interest. However, historical data shows that low levels of social media engagement often coincide with periods when prices are trading sideways or pulling back.
According to experts, as the crypto ecosystem matures, price movements and infrastructure investments may not require as much intense individual investor interest as in past bull cycles.
However, the renewed increase in individual investor participation remains a crucial factor in strengthening both trading volumes and market momentum. Therefore, social media data continues to be closely monitored as an indicator of market sentiment.
*This is not investment advice.
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Fed Governor Waller: FOMC may need to consider raising interest rates in the near term.
Federal Reserve Governor Waller said recent core inflation has risen quite broadly, with inflationary pressures not limited to individual sectors. He also noted that the Federal Open Market Committee (FOMC) may need to consider raising interest rates in the near term.
6 minutes ago
Spot gold fell below $4,000 per ounce.
According to Bitget market data, spot gold has fallen below $4,000 for the first time since July 1, currently trading at $3,994.37, with an intraday decline of 2.99%.
6 minutes ago
SpaceX’s valuation continues to slide, pushing Elon Musk’s net worth below $900 billion.
Driven by SpaceX's continuous share price decline, Elon Musk's net worth fell below the $900 billion threshold on Monday. SpaceX's share price dropped 3.8% on Monday to nearly $140, approaching its IPO price of $135. Tesla's share price fell 3% over the same period, and this round of market correction erased $37.9 billion from Musk's fortune, bringing his latest net worth to $879.3 billion. Despite the wealth shrinkage, Musk remains the world's richest person, ahead of Google co-founders Larry Page ($290.1 billion) and Sergey Brin ($267.6 billion). He holds 4.8 billion SpaceX shares, 350 million stock options, and approximately 700 million Tesla shares. Musk's net worth peaked at $1.45 trillion on June 16, when SpaceX's share price hit a historical high of over $225. Since then, the stock has fallen by more than 38% in total. Despite the weak stock performance, Wall Street analysts remain generally bullish on SpaceX. Raymond James set a price target of $800, implying a market capitalization of over $10 trillion. According to FactSet data, the average analyst price target is $236, with Arete Research at $401, Morgan Stanley at $300, and Goldman Sachs at $205. Raymond James analyst Brian Gesuale noted that SpaceX is "building a foundational platform for the next generation of industrial capacity."
6 minutes ago
Jupiter launches on-chain physical trading card platform Jupiter Gacha, supporting Pokémon and One Piece collectible cards.
Solana ecosystem aggregator Jupiter has launched Jupiter Gacha (Beta), an on-chain physical collectible card trading platform that allows users to purchase professionally graded authentic Pokémon and One Piece collectible cards, and trade them as fully on-chain assets. According to reports, these physical cards can be freely circulated on Solana DEX, enabling on-chain trading and liquidity for physical collectibles.
6 minutes ago
After lying dormant for four years, a U.S. government-linked wallet has deposited 140 BTC into Coinbase Prime.
According to monitoring by Lookonchain, a wallet linked to the U.S. government suddenly became active after lying dormant for four years, depositing 140.214 Bitcoin into Coinbase Prime, worth approximately $8.79 million.
6 minutes ago
Analysts: Bitcoin’s panic selling may be nearing an end, with marginal selling pressure drying up.
Multiple market analysts believe Bitcoin’s months-long panic selling may be drawing to a close, as marginal sell orders in the market gradually dry up. Jasper De Maere, an over-the-counter (OTC) trader at Wintermute, noted that despite recent escalating U.S.-Iran tensions and strained conditions in the Strait of Hormuz, Bitcoin has held firm above $62,000, indicating that previous “weak hands” sell orders have largely been cleared. Additionally, U.S. spot Bitcoin ETFs posted a net inflow of $197.4 million last week, ending eight consecutive weeks of net outflows, further easing selling pressure. Nexo analyst Dessislava Ianeva cited Glassnode data, pointing out that Bitcoin’s spot market saw an average daily net sell of around 2,000 BTC in June, which fell to roughly 53 BTC in July, marking one of the calmest months for the market since 2026. However, analysts warned that Bitcoin’s current rally is primarily driven by the derivatives market, with spot buying remaining relatively weak. The upcoming release of U.S. June CPI data and Congressional testimony by Federal Reserve Chair Kevin Warsh this week could still serve as key catalysts shaping market movements.
Zcash cryptocurrency can be expected to fall further to the next round support level 500.00 (former resistance from the start of July).
Zcash reversed from resistance area Likely to fall to support level 500.00 Zcash cryptocurrency recently reversed down from the resistance area located between the pivotal resistance level 540.00 (which stopped the previous correction a in the middle of June, as can be seen from the daily Zcash chart below), upper daily Bollinger Band and the 61.8% Fibonacci correction of the sharp downward impulse 1 from the middle of May. The downward reversal from this resistance area stopped the previous minor impulse wave c of the ABC correction 2 from the start of June.
Given the strength of the resistance level 540.00 and the bearish sentiment seen across the crypto markets today, Zcash cryptocurrency can be expected to fall further to the next round support level 500.00 (former resistance from the start of July).
The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.
The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.
About the Author: Karthik Subramanian
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem. He covers token economics, L1/L2 infrastructure, DeFi protocols, wallets/custody, and the bridge between crypto and forex—broker technology, liquidity, and macro drivers. Karthik’s writing focuses on clear, practical frameworks that help professionals evaluate new products and on-chain innovation alongside FX market realities.
‘Crypto Is The Future’Trump shared a candlestick chart of the ETH/BTC pair showing a 1.32% gain to 0.02837, saying, “ETH is pumping hard! Great to see! Crypto is the future…”
Notably, some users were quick to point out how ETH retreated immediately following Trump’s post.
World Liberty Financial, a Trump family-backed cryptocurrency venture, where he is listed as a co-founder, holds roughly $131 million in ETH, according to DropsTab. This makes ETH the second-largest holding in the platform’s portfolio.
Analyst Flags Crucial ResistanceMeanwhile, leading cryptocurrency analyst Ali Martinez announces a conditional long position on Ethereum, entering only if the price breaks $1,850 resistance.
Notably, ETH surged to an intraday high of $1,842 late Sunday evening before pulling back sharply into the upper $1,700 range
What Do Technicals SayThe Moving Average Convergence Divergence indicator, which compares the 12-period and the 26-period exponential moving averages, flashed a “Buy” signal for ETH, according to TradingView.
Conversely, the Stochastic Oscillator, which measures the position of an asset’s current closing price relative to its highest and lowest prices over a set number of periods, signaled a “Sell.”
Price Action: At the time of writing, ETH was exchanging hands at $1,805.05, up 0.02% over the last 24 hours, according to data from Benzinga Pro.
XRP has dropped nearly 70 percent from its July 2025 high of around $3.66, trading near $1.12 by early July 2026. That kind of drawdown tests even patient holders. But a growing number of chart watchers say the pain might be masking something bigger playing out underneath.
The Trend Line That Keeps Bouncing
An analyst pointed to a long term ascending trend line that XRP has followed since 2020, one that has already survived three major tests. Each time the price fell back to touch that rising support line, it bounced hard. The first came in April 2020 near 16 cents, followed by a run to nearly $2 a year later. The second came in mid 2022, followed by a climb toward 94 cents. The third arrived in late 2024, setting up the move to last year’s all time high.
Why the Fourth Test Matters
Now XRP may be approaching a fourth test of that same trend line, somewhere in the 74 to 80 cent range. That number matters because of what happened the last time XRP hit a fourth retest on an earlier version of this same structure. Back in February 2017, XRP bottomed near half a cent after three earlier trend line defenses going back to 2013. What followed was a climb to $3.31 by January 2018, a move of nearly 63,000 percent.
A Repeat Is Unlikely, But Not the Point
Nobody serious is predicting XRP repeats that exact percentage gain. The asset is far larger now, the market is more mature, and each retest since 2020 has already produced smaller percentage moves than the one before it. That is normal for an asset that has grown from a fraction of a cent into a multi billion dollar market. Smaller does not mean insignificant. Even a partial repeat of past cycles could still represent a major move from current prices.
The Level Everyone Is Watching
What matters most right now is whether XRP holds that 74 to 80 cent zone if it gets there. A successful defense would strengthen the case that the broader structure remains intact. A break below it, with no reclaim, would weaken the comparison to past cycles significantly.
Markets do not repeat perfectly, and old patterns fail more often than headlines suggest. But the setup gives holders a specific level to watch instead of reacting purely to short term price swings, and that distinction alone is shaping how traders are approaching the next few months.
Story Ends Here
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TL;DR The Solana three-day SuperTrend indicator has turned bullish for the first time since October, hinting at a potential trend reversal. Around 100 million SOL left exchanges while 1.4 million new addresses joined the network, pointing to growing adoption and reduced sell-side pressure. Analysts say Solana must secure a three-day close above $85 to clear a major resistance zone and target $100 and $127. A drop below $70 would invalidate the bullish setup and could expose SOL to a deeper correction toward $53. Solana may be showing early signs of a trend reversal after months of weakness, but analysts say the cryptocurrency still faces a crucial technical hurdle before a broader recovery can take shape.
Recent chart analysis suggests momentum is improving, supported by stronger on-chain activity and declining exchange reserves. However, a large historical supply zone between $76 and $85 continues to stand in the way of a sustained rally. If buyers fail to overcome that resistance, the recovery could lose steam despite improving fundamentals.
Bullish Technical Indicators Begin to Align According to the latest chart analysis shared by crypto analyst Ali Martinez, Solana’s three-day SuperTrend indicator has turned bullish for the first time since October, signaling what could be the beginning of a new market cycle.
The previous bearish signal accurately captured roughly a 74% correction in SOL’s price, making the latest flip noteworthy for technical traders. The accompanying Wyckoff Accumulation chart also suggests Solana may be transitioning from a prolonged accumulation phase toward a potential markup phase, provided buyers maintain control above key support levels.
The Wyckoff structure identifies a completed “spring” and a successful last point of support (LPS), patterns that are often associated with renewed buying interest before a larger move higher. While technical formations are not guarantees of future performance, they are widely monitored by market participants when assessing trend reversals.
Exchange Outflows Point to Lower Selling Pressure on Solana Technical indicators are being reinforced by improving on-chain data.
Over the past week, approximately 100 million SOL reportedly left exchange reserves, reducing the amount of tokens immediately available for sale. Large exchange outflows are often interpreted as investors transferring assets into self-custody or staking rather than preparing to sell, which can ease short-term selling pressure.
Network activity has also strengthened. During the past three weeks, roughly 1.4 million new addresses joined the Solana network, suggesting continued user growth despite broader market uncertainty. Recent industry data likewise shows expanding activity across the Solana ecosystem, including higher real-world asset adoption and increasing transaction volumes.
These trends suggest that underlying network participation continues to improve even as price remains below previous highs.
Heavy Resistance on Solana Still Blocks the Path Higher Despite the improving outlook, Solana still faces a significant technical challenge.
The UTXO Realized Price Distribution (URPD) shows that approximately 125 million SOL previously changed hands between $76 and $85. Investors who bought within that range may choose to sell once prices revisit their entry points, creating substantial overhead resistance.
SOL/USD Chart | Source: X Analysts believe a convincing three-day close above $85 would clear much of this supply zone and potentially open the way toward higher liquidity targets around $100 and $127. Until that breakout occurs, price action could remain volatile as buyers attempt to absorb selling pressure from holders trapped during previous declines.
While optimism has returned, the bullish outlook depends on Solana maintaining its current support structure.
A decisive break below $70 would invalidate the current bullish setup and cause the SuperTrend indicator to flip bearish once again. Under that scenario, technical analysts see the next major support zone near $53, where historical trading activity suggests stronger buying interest could emerge.
For now, the crypto appears to be at an important crossroads. Improving network metrics, exchange withdrawals, and bullish chart signals are strengthening the recovery narrative, but the market must still overcome one of its largest historical resistance zones before traders can confidently call the start of a broader uptrend.
TLDR: Bitcoin ETF inflows reached $90.44 million on July 10, with BlackRock’s IBIT supplying nearly all the fresh capital entering U.S. spot funds. Spot Ethereum ETFs added $18.43 million during the same session, showing that regulated crypto demand extended beyond Bitcoin alone. Bitcoin traded above $64,000 and approached the key $65,000 resistance area as softer oil prices and a weaker dollar supported risk assets. Short-term holders remain underwater near higher cost bases, leaving the $71,000 to $77,500 region exposed to renewed selling pressure. U.S. spot funds attracted fresh capital as Bitcoin returned above $64,000. Bitcoin ETF inflows reached $90.44 million on July 10, Eastern Time, according to SoSoValue data. Spot Ethereum products added another $18.43 million during the same session.
The move marks another positive flow day after June delivered roughly $4 billion in Bitcoin ETF withdrawals. Bitcoin traded near $64,149, while Ethereum changed hands around $1,798.
Both assets gained support from softer oil prices and a weaker U.S. dollar. Still, Bitcoin faces firm resistance near $65,000 as traders assess whether institutional demand can extend the rebound.
Bitcoin ETF Inflows Rise as BlackRock Controls the Session BlackRock’s iShares Bitcoin Trust generated $86.83 million of the daily total. VanEck’s HODL fund added $3.61 million, bringing combined Bitcoin ETF inflows to $90.44 million. IBIT has now attracted about $60.29 billion since launch, while HODL’s cumulative inflows stand near $1.14 billion.
U.S. Spot Bitcoin ETFs See $90.44 Million in Net Inflows; Ethereum ETFs Add $18.43 Million
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net inflows of $90.44 million on July 10, Eastern Time, while U.S. spot Ethereum ETFs recorded total net inflows of… pic.twitter.com/sAEX5gmh1b
— Wu Blockchain (@WuBlockchain) July 11, 2026
The U.S. spot Bitcoin ETF market holds about $77.42 billion in total net assets. That equals roughly 6.05% of Bitcoin’s market value. Cumulative net inflows across the products have reached approximately $51.28 billion since trading began in January 2024.
The latest reading follows a difficult June for regulated Bitcoin funds. Investors withdrew around $4 billion during the month, setting the weakest monthly result since the products launched. A 10-day outflow run also removed about $2.73 billion before positive flows returned in early July.
Bitcoin ETF inflows now show selective demand rather than a broad rush into every product. The July 10 total came almost entirely from IBIT, with VanEck supplying the balance. This concentration shows that large investors still favor liquid funds with deep trading activity and competitive fees.
Ethereum ETF inflows were smaller but moved in the same direction. The $18.43 million daily addition represented about 10,550 ETH at prevailing prices. BlackRock’s ETHA attracted $16.20 million, while Fidelity’s FETH added $2.23 million.
ETF Demand Returns While Bitcoin Tests the $65K Barrier Bitcoin climbed above $64,000 and approached a three-week high as the dollar weakened. Lower crude prices also eased immediate inflation concerns, giving risk assets more room to recover. However, the rebound still needs stronger spot demand to support a sustained break above $65,000.
Short-term holder data presents another challenge. Buyers holding Bitcoin for one to six months remain about 15% underwater on average. The newest buyers hold a realized price near $61,600. The three-to-six-month group sits near $74,900.
Source: Cryptoquant That gap may create selling pressure during a stronger advance. Holders who bought near $70,000 could use a recovery to reduce losses. A break above $71,000 would improve the structure. The $73,200 to $77,500 area could attract heavier supply.
Bitcoin ETF inflows offer a stronger demand signal than leveraged futures activity. Yet negative apparent demand and a weak Coinbase premium still point to caution among U.S. spot buyers. Rising leverage could also expose the market to sharp liquidations if Bitcoin loses momentum below $64,000.
Analyst Axel Adler Jr. says short-term holder buying pressure has recently exceeded selling pressure. Buying scores ranged from 37% to 46% during June and July, while selling pressure stayed near 16%. Those conditions support a possible bounce, although older holders remain positioned to sell into higher prices.
