Bitcoin is holding above $115,000 following bullish whale accumulation and a skew toward call-option buys, while retail-driven sell pressure on Binance turned net taker volume negative. Regional price premiums diverge: the US Coinbase Premium is flat, whereas the Korean premium has dipped below zero, reflecting uneven retail demand. A liquidity battle between $115K and $120K saw $2.3 billion in buy orders offset $4.1 billion of sell orders on Binance. Although on-chain activity has declined and futures funding rates remain elevated, a rebound from the daily fair value gap at $112,000–$115,200 could spark a breakout above the all-time high near $123,100. Analysts are split: some models project $139,000–$150,000 by year-end, while others warn of overbought conditions and urge profit-taking. Traders should watch support in the mid-$110K region and a sustained close above $120K to confirm renewed upside momentum.
An XRP whale closed a $5.68 million long position at roughly $3.52, sparking a major market signal. XRP has rallied 20% in the past week and nearly 480% year-to-date, with a market cap above $208 billion and 24 h trading volume exceeding $8.5 billion. Traders interpret the exit near the $3.60–3.70 resistance zone as profit-taking, hinting at a possible short-term pullback.
Despite this, XRP’s bullish fundamentals persist. Ripple’s SEC settlement improved regulatory clarity, paving the way for futures, ETFs and renewed U.S. exchange listings. On-chain metrics show record large-wallet accumulation and a breakout from a long-term triangle. Technical indicators target $5.80–6.00, while AI-driven forecasts estimate $6–10, supported by rising institutional interest.
Nasdaq-listed Bit Origin has launched a corporate treasury strategy, purchasing 40.5 million Dogecoin (DOGE) for $9.9 million. The firm plans to raise $400 million via share sales and $100 million through convertible debt to support its Dogecoin holdings. Formerly China Xiangtai Food, Bit Origin rebranded in 2022 and pivoted into crypto mining by acquiring Bitcoin rigs. CEO Lucas Jiang cited Dogecoin’s liquidity, DeFi potential, micro-payment use cases, rising developer engagement, and growing institutional interest as key factors. This move aligns with broader corporate treasury diversification into digital assets, echoing public companies’ Bitcoin purchases, and coincides with bullish altcoin momentum—PENG up 21.7%, RAY and KAS each gain over 20%—while BTC and ETH trade range-bound.
JPMorgan is exploring a new crypto-backed loans service secured by Bitcoin (BTC) and Ether (ETH). Clients could use crypto as collateral to access dollar credit lines without selling assets. The bank aims to launch the offering by 2026. This follows earlier stablecoin initiatives, including CEO Jamie Dimon’s support for client rights to buy BTC. By entering crypto-backed lending, JPMorgan joins established digital-asset lenders. Analysts say the move could boost demand for major digital assets and stablecoins. The plan underscores rising institutional adoption of crypto. Challenges include regulatory clarity and robust risk management. If approved, the service may reshape traditional finance’s engagement with blockchain assets and expand crypto liquidity for traders and institutions.
BitGo IPO: BitGo has confidentially filed with the U.S. SEC for an IPO, marking a landmark step in institutional crypto custody. Founded in 2013 by Mike Belshe and Ben Davenport, the Palo Alto–based firm has grown its assets under custody from $60 billion to over $100 billion and expanded offerings to include an OTC trading desk for spot, options and margin lending. With EU MiCA approval secured and a U.S. bank charter under consideration, this SEC filing underscores growing investor confidence in regulated infrastructure. The move follows Bitcoin’s rally past $120,000 and a $4 trillion crypto market driven by new stablecoin legislation. Backed by Goldman Sachs, DRW Holdings and Valor Equity Partners, BitGo offers institutional-grade multisig wallets, insurance coverage and compliance systems. Analysts stress that mature business models with recurring revenue, risk controls and institutional clients are essential for public listings. If successful, the BitGo IPO could accelerate adoption of third-party crypto custody over in-house solutions, reinforcing regulated infrastructure and boosting demand for secure crypto custody services.
XRP price surged to $3.61 after a weekly close above $3 confirmed a bullish reversal from a six-year symmetrical triangle. Chartist Ali Martinez forecasts a move to $6 based on the 1.272 Fibonacci extension, with higher targets near $7.94 and $26. Derivatives data show spot volume up 45.5% to $19.41 billion, open interest up 4.4% to $11.15 billion and options volume up 137.7%, reflecting rising speculative demand. On-chain metrics highlight more than 2,700 whale wallets holding at least 1 million XRP, controlling nearly half the circulating supply. A golden cross on the MVRV ratio signals renewed investor optimism. Future momentum hinges on sustaining support above $3; a drop below $2.85 could invalidate the breakout. The launch of XRP futures ETFs and ongoing spot ETF speculation may further fuel price gains toward $6 if bullish momentum holds.
Tron founder Justin Sun will join Blue Origin’s New Shepard NS-34 suborbital mission after winning the final seat with a $28 million auction bid in 2021. He is set to fly alongside five other professionals, including a real estate investor and a journalist, on a launch expected within weeks. Sun donated the proceeds equally among 19 STEAM-focused charities via Blue Origin’s Club for the Future. This high-profile spaceflight follows Sun’s recent crypto moves: a $75 million investment in World Liberty Financial tokens (WLF) and plans to acquire $100 million in the Official Trump memecoin. Meanwhile, the US SEC has paused its lawsuit over alleged trading violations against Sun, granting him a temporary reprieve.
Former President Donald Trump reposted a 2016 Senate hearing on Bitcoin, calling it the “best ever.” The move sparked an immediate rally in Bitcoin trading volume and price. Major cryptocurrencies saw increased activity. Analysts view this as a potential shift in Trump’s stance on crypto policy. Meanwhile, the U.S. Senate approved bills on cryptocurrency taxation, custody standards and anti-money-laundering. Congress also issued stablecoin guidelines and is drafting more crypto legislation. Industry experts say clearer regulations will attract institutional capital. Traders should monitor Bitcoin and crypto regulation developments. High-profile political support often drives bullish market sentiment and could boost Bitcoin liquidity and adoption.
CFX surged 116.6% after the Shanghai Technology and Ecosystem Development Conference saw Conflux unveil its 3.0 upgrade. The update promises 15,000 transactions per second (TPS) and native on-chain AI agents. The event also featured the launch of an offshore RMB stablecoin with AnchorX and Eastcompeace, leveraging Kazakhstan AFSA approval for cross-border payments. Daily trading volume jumped over 400% to $1.7 billion, pushing CFX’s market cap past $1 billion despite mainland trading restrictions.
Conflux’s hybrid PoW-PoS consensus, three-graph ledger and GHAST algorithm combine security with high throughput. Analysts describe the price rally as bullish, expecting further gains as the August launch approaches.
Regulatory attention also intensified: Hong Kong received 40 stablecoin license applications under its LEAP framework, while Shanghai authorities reviewed local stablecoin policies.
Facing a budget shortfall, the UK government will liquidate approximately 61,000 BTC seized from the Silk Road darknet marketplace. The Crown Prosecution Service, Home Office, Ministry of Justice and HM Treasury will coordinate a structured Bitcoin sale in tranches—starting with around 15,000 BTC—through auctions and OTC deals on institutional platforms. Proceeds will flow into the Treasury’s consolidated fund.
This tranche-based approach aims to minimize market disruption. However, at a prevailing price of roughly $117,000 per BTC, even modest sell-offs could trigger volatility. Traders should monitor short-term price swings and liquidity changes during the Bitcoin sale.
The operation, reminiscent of past US government crypto auctions, unfolds in a more mature market environment. Its execution may set a global precedent for handling seized digital assets and influence ongoing UK–US regulatory talks on crypto oversight.
The Ethereum Fusaka upgrade is set for November, marking the next major network upgrade since Pectra. Developers will begin testing on July 23 across public testnets. The upgrade includes 11 EIPs, notably EIP-7825 to boost security and throughput. The gas limit may rise to 150 million, while EIP-7907 and the EVM Object Format were dropped to streamline testing.
Public testnets will run in September and October, leading to mainnet deployment before Devconnect in November. Core developers will finalize the feature list for the next Glamsterdam upgrade, including EIP-7983, by August 1.
In parallel, the US SEC has engaged Ethereum-aligned groups on compliant token standards like ERC-3643 and Chainlink’s ACE. SEC Chair Paul Atkins has proposed an innovation exemption to ease tokenized securities. The Fusaka upgrade and regulatory talks together boost Ethereum’s scalability, security, and compliance outlook, likely impacting trader sentiment.
Ethereum price (ETH) has extended its bullish run, rising from around $3,744 on July 20 to a recent peak of $3,800, up 0.51% intraday. Trading volume jumped 12% week over week, supporting a breakout above key resistance and reinforcing the uptrend. The ETH price is trading above its 50-day moving average, with short-term resistance at $3,900 and support at $3,700. Most of the daily ATR has been consumed, indicating limited volatility. Sustained high volume and bullish control across higher time frames point to further upside momentum into month-end. Market sentiment remains optimistic ahead of the Shanghai upgrade, and traders are eyeing a potential rally toward $4,000 if momentum persists.
Crypto traders are reallocating profits from Bitcoin (BTC) and Solana (SOL) into the LILPEPE presale on its Ethereum-compatible Layer 2 network. In Stage 5, the memecoin has raised over US$6 million at a price of US$0.0014 per token, nearing its US$6.575 million cap. Stage 6 is set at US$0.0015. With a 100-billion supply, LILPEPE allocates 13.5% for staking rewards, 30% for chain reserves, and 10% each for marketing, CEX listings, and liquidity.
The project features zero-trade taxes, sniper-bot protection, DAO governance, a meme launchpad, and upcoming NFT support. A US$777,000 giveaway further boosts participation. After a Freshcoin.io audit score of 81.55/100 and a fast sell-out of Stage 4, analysts forecast a listing price of US$0.003 and potential gains toward US$0.20. Traders eye LILPEPE’s presale as a high-upside DeFi and utility-driven memecoin play.
Grok AI’s latest price forecast indicates Dogecoin (DOGE) could reach $1 by April 2026, driven by market momentum and payment system integration. Its Shiba Inu (SHIB) price forecast anticipates a rise to $0.0001 by late 2025, underpinned by Shibarium ecosystem growth, a double-bottom reversal near $0.0000177 and a 2,080% weekly spike in token burns. Analyst targets for SHIB range from $0.00004 (CoinCodex) and $0.0000455 (InvestingHaven) to $0.0001 (CoinMarketCap), with linear models projecting $0.000017 by 2030 and $0.000028 by 2040. Meanwhile, Layer 2 meme coin Little Pepe (LILPEPE) has sold out its Stage 4 presale raising $5.9 million, with Stage 5 priced at $0.0014—a 2.14× gain for early investors. LILPEPE holds an 81.55 audit score from Freshcoins.io, is listed on CoinMarketCap and offers EVM compatibility, zero transaction tax, staking rewards and a deflationary model. A $777,000 giveaway awards ten winners $77,000 in LILPEPE tokens. Grok AI forecasts LILPEPE could surge to $3 by Q2 2026, implying a 2,042× return. Traders should monitor these price forecasts for high-return opportunities and potential market catalysts, while remaining cautious of volatility and regulatory risks.
Ethereum price has accelerated since May lows, surging 158% to around $3,580. It is driven by record spot Ether ETF inflows—$2.1 billion this week, the largest weekly figure since launch, extending a ten-week streak and lifting cumulative ETF assets to $7.49 billion. BlackRock’s ETHA leads with $9.17 billion under management. On-chain data strengthened: daily transaction volume jumped 280% to about $5 billion; DeFi TVL topped $80 billion; stablecoin supply surpassed $130 billion; DeFi assets exceeded $178 billion; and futures open interest hit a record $51 billion. Additional support came from the GENIUS Act and corporate accumulation by SharpLink. Technical indicators signal bullish momentum with a golden cross on the 50- and 200-day moving averages, a rising RSI at 84, and an ADX at 38. After breaking above the $3,250–$3,500 resistance zone and rebounding from $2,500 support, traders now eye the $4,000 psychological level and a potential target near $4,105. However, overbought conditions suggest a possible short pullback in the Ethereum price before the uptrend resumes.
Ethereum is attracting aggressive corporate balance-sheet strategies and enterprise adoption that could drive ETH prices higher. Crypto strategist Tom Lee proposes treating Ethereum like MicroStrategy’s Bitcoin strategy: issuing equity and debt above net asset value to accumulate tokens. His firm, BitMine Immersion Technologies, amassed over 300,000 ETH, while SharpLink Gaming and Bit Digital control another 380,000 ETH. Meanwhile, EY’s Paul Brody forecasts a surge in ETH treasury allocations and tokenization projects under the GENIUS Act. Institutional holdings already exceed $6 billion, fueling a 72% rebound in the ETH/BTC ratio and record-high volumes in ETH perpetual swaps and derivatives. Options data signal a 14% chance of ETH topping $4,000 by July and 27% probability of $5,000 by year-end. These developments suggest a bullish outlook for Ethereum traders.
Bitcoin continued its bullish run, surging past $60,000 to a new all-time high (ATH), trading near $122,000 with resistance at $126,231 and support at $103,644. XRP rallied above $3 amid positive legal developments, trading between $2.40 and $3.12 but showing overbought short-term signals towards resistance at $3.41. Meanwhile, the XYZVerse presale has raised over $14 million, up from $10 million in its initial 24 hours, with $XYZ tokens jumping from $0.0001 to $0.003333. The XYZVerse presale features a 1-billion-token cap, progressive pricing tiers, and targets a $1-billion market cap. XYZVerse combines sports, AR, and blockchain interoperability and plans virtual land sales and NFT drops. Analysts view the XYZVerse presale as a catalyst for altcoin momentum but warn of typical presale risks. Traders may diversify across large-cap crypto and emergent tokens to capture potential upside.
Crypto rally led by ETF approvals and institutional inflows has driven XRP to new highs and lifted major altcoins. XRP surged 130% to an all-time high of $43.64, breaking its 2018 peak, while Bitcoin climbed above $123,000. US lawmakers passed the CLARITY Act, GENIUS Act and Anti-CBDC Surveillance Act, boosting market confidence amid record Bitcoin ETF inflows and treasury adoption. Litecoin trades around $97 after a 10% weekly gain, as a 95% chance of spot LTC ETF approval and the MimbleWimble privacy upgrade fuel demand. XRP also rose 26% to $2.90 following SEC approval of ProShares XRP ETF and a tokenized real estate deal in Dubai. Legal risks around Ripple remain. Meanwhile, Unilabs Finance, an AI-driven DeFi launchpad with $30 million AUM, has its token presale at $0.0074 and could see a 200% rally to $0.0222. Emerging projects such as DLUME, DEBO, NEX and MNW are positioned for growth in gaming, trading intelligence, scalability and supply chains. Traders should watch for short-term corrections but remain alert to ongoing momentum from ETF approvals, institutional demand and regulatory clarity.
After the U.S. House passed the GENIUS Act to regulate stablecoins and awaits President Trump’s approval, a fresh crypto rally has emerged. DOGE led gains, rising over 11% amid institutional backing from Thumbzup Media and Bit Origin treasury plans, while XRP jumped above 10%, nearing its January 2018 peak. The bullish momentum extended across major altcoins and Solana (SOL) broke key resistance with a 10.8% gain. High-risk traders are eyeing memecoin presales—Snorter Token (SNORT) and Best Wallet Token (BEST)—both trading under $0.10 and offering trade-sniping bots, rug-pull detection, non-custodial wallets, governance rights, and staking rewards. Litecoin (LTC) at ~$110 remains an undervalued Bitcoin alternative. This crypto rally underscores renewed institutional and regulatory momentum, offering opportunities for both short-term swings and longer-term holds. Traders should monitor the act’s enactment, liquidity shifts, and emerging presales to refine strategies.
President Trump is preparing an executive order to open the $9 trillion 401(k) retirement market to crypto, gold and private equity. The order directs federal agencies to remove regulatory barriers preventing 401(k) crypto allocations. Major asset managers such as BlackRock, Apollo and Blackstone are partnering with plan providers like Vanguard and Empower to offer 401(k) crypto exposure. The move follows recent legislative wins—the CLARITY Act for token regulations, the GENIUS Act for stablecoins and the Anti-CBDC Act blocking a Fed digital dollar. News of the order sent Bitcoin (BTC) above $120,000. Broadening 401(k) crypto access could trigger one of the largest institutional capital inflows, reshape retirement portfolios and boost long-term demand for digital assets.
Ethereum market cap surged past retail giant Costco to about $230 billion, marking a key milestone as the global crypto market cap climbed above $4 trillion for the first time. The rise in Ethereum market cap underscores growing institutional and retail interest, following net inflows totalling $172 million last week—led by $114 million into Bitcoin and $58 million into Ethereum funds. The inflows sent Bitcoin near $66,000 and Ethereum above $4,000. CME Bitcoin futures open interest hit a record $27.5 billion, signalling robust institutional demand. Major altcoins also advanced: Solana rose 10% and Cardano 6%. Analysts attribute the rally to high-profile ETF filings, US regulatory clarity, smart-contract adoption and network upgrades like the Shanghai hard fork. Traders are watching ETH price action for potential entry and exit points, as stronger macro factors support further upside.
Analysts forecast XRP to correct to about $2.53 in 2025 amid market consolidation and regulatory uncertainty. From 2026, clearer rules and institutional adoption could drive XRP above $5, rise to $11–$12.70 by 2028, and surpass $20 by 2030. Meanwhile, memecoin XYZVerse launches a $0.0033 presale offering up to 50× gains post-listing. Its tokenomics include a 17.13% burn, 15% liquidity reserve, and 10% community rewards. XYZVerse aims to list on major CEXs with initial targets of $0.10–$0.25 and long-term potential of $0.20–$0.40 within 12 months. Traders should monitor regulatory updates, institutional partnerships, exchange listings, and community activity to assess XRP’s momentum and XYZVerse’s risk–reward.
Nasdaq-listed Bitcoin miner Bitmine Immersion has shifted to an ETH treasury strategy, allocating over $1 billion to Ethereum to earn staking yields and diversify from BTC volatility. This ETH treasury reallocation positions the firm to tap into DeFi, NFTs and dApps growth.
Shares surged after Peter Thiel’s Founders Fund acquired a 9% stake, reflecting growing institutional adoption of Ethereum. The trend aligns with Robinhood’s tokenized US stocks launch, Bit Digital converting 280 BTC into ETH, and rising stablecoin activity following Circle’s IPO and the GENIUS Act progress.
On July 17, ETH traded at $3,426.54, up 8.4% in 24 hours and 18.6% in Q3, outperforming Bitcoin. However, RSI indicates overbought conditions, hinting at a potential short-term pullback amid overall bullish momentum. Traders should monitor ETH treasury developments, staking yields and market indicators to optimize entry points and risk management.
Bullish
ETH treasuryInstitutional InvestmentPeter ThielStaking RewardsEthereum Rally
Matador Technologies has launched a Bitcoin treasury strategy to accumulate 6,000 BTC by end-2027, building from its current 77.4 BTC holding. On July 14, the Toronto-based firm filed a CA$900 million shelf prospectus to fund the plan over 25 months through at-the-market equity, convertible debt, asset sales and BTC-backed credit lines. Approved by TSX Venture Exchange as a hybrid technology/investment issuer, Matador will deploy a compounding flywheel model covering BTC accumulation, synthetic mining, DeFi-linked revenue streams and yield generation from market volatility. CEO Deven Soni calls Bitcoin the company’s core asset, while CVO Mark Moss highlights the strategy’s role in balance-sheet stability and inflation hedging. Combined with a recent Frankfurt listing (IU3) and a 24% stake in India’s HODL Systems, this Bitcoin treasury strategy positions Matador among top corporate holders. Traders should watch Matador’s funding milestones, acquisitions and product launches as potential catalysts for BTC volatility.
Bank of America and JPMorgan Chase are accelerating their entry into the stablecoin market. Earlier this year, Bank of America issued an RFI on a dollar‐pegged digital dollar stablecoin to speed up interbank and cross‐border payments. JPMorgan plans to expand its existing JPM Coin pilot into broader stablecoin services. PayPal’s PYUSD is already live on Ethereum and Solana, with an Arbitrum deployment and rewards program to boost adoption. The global stablecoin market has grown to $258.5 billion in market value with $143.1 billion in average daily trading volume. Regulators, including the SEC and Federal Reserve, are weighing targeted exemptions to foster asset tokenization. Traders should monitor stablecoin issuance updates and regulatory rulings, as wider bank adoption and new payment use cases could reshape liquidity and trading volumes.
Bullish
stablecoinBank of AmericaJPMorgan ChasePayPal PYUSDcrypto regulation
Shiba Inu has held a strong $0.000011 support zone after forming a bullish double bottom. Price is trading near $0.0000145, up over 15% weekly but still 31% below year-start levels. One analyst forecasts a 110% rally to $0.000029 on the double bottom breakout and rising social sentiment. A second expects up to 130% gains to $0.0000335 with entries at $0.00001092 and $0.0000188. Key indicators include an overbought RSI of 72, mixed whale flows, modest exchange outflows, and Shibarium network health (4.65 million daily tx, 50% utilization). With a 0.92 correlation to Bitcoin, any BTC pullback could affect momentum. Traders should monitor RSI levels, whale behavior, support and resistance zones, and Bitcoin’s moves. Risk management is advised for both short- and long-term positions of up to two years.
US economic data showed stronger-than-expected June retail sales (+0.6% vs +0.1% expected) and a 0.5% rise ex-autos. The Philadelphia Fed survey’s CAPEX, employment and new orders indices surged, with prices paid climbing to 58.8. Initial jobless claims unexpectedly fell while continuing claims reversed their recent uptick. Investors also eyed Netflix earnings projected at $7.07 per share and discussed Federal Reserve independence. Traders note that resilient US economic data could prompt tighter Fed policy, reducing liquidity and weighing on risk assets such as crypto.
Bearish
US economic dataretail salesPhilly Fed surveyjobless claimsFed policy
WLFI tokenholders approved the removal of lockup restrictions with 99.94% support, enabling WLFI trading to begin. A limited batch of early investor tokens will enter exchanges first. Founder and team holdings remain locked under a longer schedule. Future token unlocks will require community votes, ensuring structured governance.
The project raised $550 million through presales at $0.015 and $0.05 per WLFI token. The Trump family, now holding 40%, earned $57 million, while Tron founder Justin Sun invested $30 million. WLFI also acquired $10 million in ETH and appointed TRM Labs for compliance. The roadmap includes a USD1 stablecoin and a DeFi lending platform governed by WLFI votes. Traders should prepare for increased liquidity and potential volatility.
Recent FOIA disclosures show the US Marshals Service holds just 28,988 Bitcoin, valued at $3.4 billion, far below earlier estimates of 198,012 BTC and $25 billion. This challenges the Trump administration’s 2020 policy designating Bitcoin as a national reserve asset and aiming to expand holdings through budget-neutral measures. Wyoming Senator Cynthia Lummis, a noted Bitcoin advocate, criticized the sale of over 80% of government reserves as a strategic misstep that weakened the US position in the global digital asset race. The revelation boosts market confidence by reducing perceived sell-off risk and highlights ongoing transparency issues in federal crypto reserves. Traders should monitor shifts in Bitcoin demand and policy updates, as other nations increase digital asset reserves amid geopolitical tensions.
Neutral
US Marshals ServiceBitcoin HoldingsFOIA DisclosureCynthia LummisCrypto Reserve Policy