Since 2019, OmegaPro oga dem Michael Shannon Sims and Juan Carlos Reynoso dey run one $650 million crypto Ponzi scheme through multilevel marketing, wey dem dey sell packages wey promise up to 300% returns for 16 months. Dem use big big events, social media wahala and Burj Khalifa projection make investors dey interested. For January 2023, one network breach come force dem to move to Broker Group platform, wey block withdrawals as insiders dey waka launder money through crypto wallets. Dem don indict for Puerto Rico and now dey face wire fraud plus money laundering charges with chance to face 20 years sentence. Traders suppose dey watch DOJ action for crypto, dey monitor regulatory gbege and make better due diligence. This crypto Ponzi matter show say unregulated crypto investment get gbege and show why investors suppose dey very careful.
Asia FX markets bounce back after US President Trump talk say di planned August 1 tariffs no sure 100%. Decision wey dem delay Trump tariffs make US Dollar Index drop 0.2% and make Asia FX better. Currencies like Chinese Yuan, Korean Won, and Singapore Dollar first fall as traders look for safe place inside US Dollar and Japanese Yen. But technical rebounds and short covering help Asia FX regain. Reserve Bank of Australia (RBA) hold rates for 3.85% with surprise 6–3 vote. AUD/USD jump as Australia business condition reach di strong level since March. Market dey now watch out for next RBA decision. 25 bp cut fit make AUD weak and make global easing expectation clear. If hawkish hold, e fit make currency strong and show say economy dey strong. Trade tension, low inflation, central bank difference, and geopolitical risk go keep volatility high for forex and crypto markets. For crypto traders, weak US Dollar normally dey support risk assets. Bitcoin and altcoins fit profit from weak dollar. Traders suppose diversify, moni macro data, use stop-loss, and think about hedging to manage volatility.
Bullish
Asia FXTrade TensionsRBA DecisionCurrency MarketsAsian Currencies
BlackRock Bitcoin Spot ETF don pass 700,000 BTC for holdings, wey be about 3.3% of the bitcoin wey dey circulate, and e value reach around $76 billion. Since e launch January 2024, the ETF don gather more than 55% of US spot Bitcoin ETF assets. The fast growth of the Bitcoin Spot ETF show say institutions dey adopt am well well and market get strong liquidity. As the ETF dey provide regulated Bitcoin exposure, e make traditional investors fit diversify their portfolios while e dey tighten supply for exchanges and support price stability. If money still dey flow in, e fit put more pressure for demand, wey fit affect short-term momentum plus long-term market growth.
XRP dey show Bollinger Band squeeze for both three-day and two-day charts, e mean say volatility go dey increase. Since January middle, di token don dey trade for one symmetrical triangle around $2.21–$2.27 with low volume. Analysts talk say XRP tight Bollinger Bands dey usually come before sharp moves, like di one wey happen before November rally. If e close daily pass $2.33 fit confirm breakout to $5, wey mean 120% gains. Traders suppose also dey watch resistance near $5 and short-position liquidity wey dey above $2.35 for possible short squeeze. As crypto sentiment dey lag stock market, volatility fit increase. Make you wait confirm breakout before trade and use strict risk management.
CoreWeave don agree to buy Core Scientific for $9 billion all-stock offer, wey dey offer 0.1235 CoreWeave shares for every CORZ share at $20.40 each. This deal suppose finish for Q4 2025, e go cancel over $10 billion lease obligations and unlock about $500 million yearly savings by 2027. With 16x 2026 EBITDA multiple, dis all-stock offer dey sell for serious discount compared to other data center pals. CoreWeave CEO Michael Intrator dey shift the company from crypto mining go AI and high-performance computing. KBW analysts talk say this cash-free deal na opportunistic and fit get some shareholders wey no go gree, but since no competition dey, e look like say merger go happen. This merger go scale CoreWeave’s AI infrastructure as data center power demand dey rise and AWS dey plan to spend $100 billion on AI for 2025.
Elon Musk don launch one crypto-backed America Party to challenge the US two-party system, e come talk say fiat dey “doomed” and name Bitcoin as im financial backbone. The movement wan gain key Senate and House seats by using decentralized finance model. Following Tesla $1.5 billion BTC buy for 2021, the news make Bitcoin dey rush go $110,000, while Dogecoin jump about 6% and other big cryptocurrencies rally. Musk waka from the Republican Party because of one budget bill show how e push for crypto inside fiscal policy. Traders suppose prepare for sharp wahala from short-term bullish sentiment and possible long-term institutional money wey go dey flow enter Bitcoin plus the bigger market.
Bitcoin dey eye breakout pass im all-time high as e don reclaim key levels inside rising institutional demand plus technical signs of parabolic rally. From the start of the year till now, Bitcoin don rise 16.8%, add more than 2% in June alone. E recently climb back pass $108,000, dey trade around $109,000. Corporate treasuries dey boost their Bitcoin holdings. Blockchain Group raise €10.7M to add 116 BTC to im treasury. Japan’s Metaplanet increase their reserves to 15,555 BTC and plan to get 30,000 BTC by end of year. UK’s Smarter Web Company don reach 1,000 BTC. Crypto analyst Merlijn The Trader chart a three-phase bull cycle wey resemble 2017 and 2021. A final parabolic leg fit carry Bitcoin come conservative target of $150,000 or as high as $335,000 by 2025. Traders suppose dey look out for solid breakout pass $110,000 to confirm dis next rally phase.
Crypto ETPs don collect $1.03 billion for one week, boost total AUM reach record $188 billion. Bitcoin ETFs dey lead wit $713 million new capital, dis na 17th week wey dem dey get inflows back to back, while Ether ETFs add $275 million, make dem continue for nine weeks straight. BlackRock’s IBIT ($304 million) plus Fidelity’s FBTC ($112 million) top for Bitcoin money flow; Franklin’s EFI and BlackRock’s EETH dey dominate Ether inflows. Together, Bitcoin and Ether products don handle over $45 billion and $8 billion assets dem respectively. The steady demand happen alongside small increase for BTC and ETH price, show say institutional interest dey grow and this dey give traders good sign.
XRP drop over 10% to $3.21 after e reach peak for $3.66 earlier dis year but e fit still break im January 2018 all-time high of $3.84. Bitpanda deputy CEO Lukas Enzersdorfer-Konrad talk say di next move depend on beta altcoin season and waka money comot from Bitcoin. Altcoin Season Index don turn side for altcoins, and Bitcoin dominion don fall by 5.4% for di past month, show say more money dey. Technically, XRP still dey pass im 50-day exponential moving average and im relative strength index dey neutral ground. Analyst Dom talk say money fit rally to $7–$10 if market wahala beta. Traders suppose dey watch altcoin movement, Bitcoin dominion trend and how regulator dem dey do for signs of wetin XRP go do next.
Recent withdrawal for Aave don pass $1.7 billion, with Justin Sun withdraw $646 million, HTX $455 million, plus Abraxas Capital come out with $115 million. Dem withdrawal reduce Aave ETH liquidity and push wETH borrowing rates pass 10% APY. Di funding wahala make loop traders comot dem position, meanwhile Ethereum liquid staking nodes register record 633,896 ETH wey still dey wait to withdraw, show say validator exit backlog dey increase. Di tins show how DeFi liquidity get problem and highlight risk for high-yield strategies. Traders suppose dey look Aave borrowing rates and ETH exit queue if dem wan catch early sign of market stress.
Di White House don show one beta AI plan wey go make e easy for federal government to regulate data centers and also make AI funding depend on state policies. This AI plan wey President Trump dem run am, e reclassify high-performance computing under NEPA and make Clean Air, Clean Water and CERCLA permit requirements soft so data center approval go fast—this one go help crypto mining because e go reduce permit delay. E also talk say federal agencies suppose check state AI laws and no give grant to states wey get tight AI policies. To make hardware supply better, the plan push make semiconductor manufacturing waka back home and support nuclear energy research so power grids go stable for high energy crypto mining. E still make government contracts go to new AI developers, support open-source AI for important sectors, and make export control for AI systems and hardware tight. All these tins fit reduce operating cost, make GPU easier to get, and give long term infrastructure support for crypto sector.
Bullish
AI policyData Center RegulationDEI GuidelinesExport ControlsSemiconductor Manufacturing
XRP dey near critical technical levels for both USD and BTC charts. For the weekly XRP/USD chart, one seven-year symmetrical triangle plus one bull pennant breakout above $3.60 mean say e fit rally go reach $13 within 42 days if you use the flagpole projection method. At di same time, XRP/BTC dey near one eight-year descending resistance line. If e fit close steady pass dis trendline, e go mean say XRP long-term underperformance against BTC don change.
Fundamental catalysis include rising institutional interest from Grayscale, Bitwise, and 21Shares, increasing use of Ripple’s On-Demand Liquidity (ODL) service, plus 95% chance say SEC go approve spot XRP ETF for 2025. If Ripple SEC lawsuit fit settle, e fit reduce regulatory risk well well and attract new capital. Traders suppose dey watch chart confirmations, ETF developments, and legal updates. The high volatility mean say fine risk management na serious matter.
PNC Bank, wey be di seventh biggest US bank wit $421 billion assets for management, don join hand wit Coinbase to start institutional crypto services. For July 22, PNC don put Coinbase’s Crypto-as-a-Service (CaaS) system inside dia digital banking platform, so dia 90,000 business clients fit trade, keep, and hold digital assets without leave dia accounts. For come give way, PNC go provide some selected banking services to Coinbase. CEO William S. Demchak talk say dis move na response to dia clients wey dey find secure and proper digital asset solutions. Dis partnership follow afta US GENIUS Act wey clear stablecoin regulation, and e similar to what JPMorgan Chase and BNY Mellon dem dey do. As PNC don put crypto services for dia platform, e make access easy, boost liquidity, and reduce how dem dey rely on external exchanges. Traders fit see dis development as good sign for institution to join in, wey fit make trading volume and price steady pass before.
SpaceX don move 1,308.45 BTC (~$153 million) Bitcoin go new address through Coinbase Prime after e almost dey for three years no move. The transfer reduce their holding from about 8,285 BTC go around 6,977 BTC. On-chain data show say the money pass through one CoinJoin mixer service go Binance deposit gateway. The wallet last big activity na 2021, when SpaceX first show their Bitcoin holding and later sell some during 2022 downturn. Traders no get official talk, dem dey divided if na sign say dem go sell soon or na just internal rebalance. History whale events like Germany own sell of 50,000 BTC for mid-2024 just make small price dip before e recover. Considering say whales dey still dey gather and crypto market dey positive, analysts see am as normal BTC wallet management with small long-term impact for Bitcoin upward trend. Market people suppose dey watch on-chain flows and exchange inflows for any short-term selling pressure on Bitcoin.
Neutral
BitcoinSpaceXBTC TransferMarket CorrectionWhale Movement
Crypto markets dey continue rally as altcoin rally push major tokens higher, wey put total market cap pass $4 trillion. Dis crypto market dynamics happen together with bullish flag pattern for Bitcoin (BTC), wey fit trigger more gains if e break current levels. Ethereum (ETH) gain momentum before im Shanghai upgrade, wey dey supported by normalized realized profit/loss ratio and forecast wey dey target $4,000 and beyond. XRP spike on top better court ruling and DOGE jump on social media hype. Traders dey point regulatory clarity, technical milestones, institutional inflows, and AI developments as catalysts. As Federal Reserve interest rate decision dey come, market participants suppose dey watch Bitcoin volatility, Ethereum momentum, on-chain metrics, Bitcoin dominance index, SEC filings on XRP, and AI sector news make dem fit manage potential short-term swings and longer-term trends.
Di CoinDCX hack wey happen on July 18, 2025 comot $44 million from the exchange internal trading wallet. Di baddo man wash di money through Tornado Cash come carry over $15.8 million from Solana (SOL) go Ethereum (ETH). Blockchain security platforms, like Cyvers Alerts plus researcher ZachXBT track di hacker wallet, wey get around 12,144 ETH (~$46 million) now. After di CoinDCX hack, di platform start recovery bounty program on July 19, wey offer up to $11 million (25% of di funds wey dem recover) to white-hat researchers wey help find and beta di stolen asset dem. Di plan get support from Solana Foundation, Wormhole, deBridge and security firm Sygnia. Co-founders Sumit Gupta and Neeraj Khandelwal assure traders say user money dey safe and company reserves go cover any loss. This program show how CoinDCX serious about better crypto security and quick money recovery.
CoinShares weekly report dey highlight say crypto fund inflows dey surge, with total inflows reach $4.39 billion for early week, push year-to-date inflows reach $27 billion and make assets under management (AUM) hit record $220 billion. This na the 14th straight week wey dem get positive flows plus record ETF trading turnover of $39.2 billion.
For latest update, Ethereum ETF flows hit new high of $56 million — di biggest weekly total since dem start track am — while Bitcoin ETF flows add $29 million. Overall crypto fund inflows stand at $130 million, mark the fourth week wey dem get net inflows one after another. Altcoin ETPs for Solana and Cardano also attract plenty capital, show say many institutions dey reason am.
The spike for Ethereum ETF flows show say investors dey get serious interest to get Ether exposure as network upgrade dey come and staking opportunities dey increase. Combined with strong Bitcoin ETF flows, these institutional inflows dey boost bullish sentiment and fit drive more price momentum, fit push ETH pass $4,000 and make market stability strong.
Di latest tariff wahala wit China an EU plus we trade talks don start again don increase how people dey take want risk, push Bitcoin go new height dem. U.S inflation dey 2.7%, tariffs dey add to core CPI. Market ppl no dey gree say Fed go reduce rate before September even though dem dey pressure Chairman Jerome Powell. Traders go dey watch Powell talk and important U.S data dem—like first jobless claims, plus July manufacturing and services PMI—to sabi inflation and monetary policy. If to say dem do dovish move, e fit make dollar weak, make Bitcoin rally, show say e be proper hedge. But if jobless claims or PMI numbers strong, e fit delay easing and put pressure for prices. Meanwhile, stablecoin and digital asset bills for U.S. House don delay, adding confusion for regulation. One big Bitcoin holder wey get mouth for 2011 move 40,000 BTC dis week, but small exchange outflows plus 13,000 BTC reserve show say not many people dey rush sell now. Traders dey face more wahala as price dey move; if e break pass $115,000, e fit jaga further gains, but if too much exchange outflow happen, price fit fall sharply.
Bitcoin price don fall below di important $118K level, e shed 0.61% for intraday as traders dey collect profit after recent rallies. Dis movement dey happen as market dey steady inside one triangular chart pattern. Bitcoin price dey test support for $116K–$117K, if e hold, e fit stabilize di market. Strong breakout above $118K fit make price rise reach $125K, but if e fail to hold, e risk fall back go $111K. Trading volume still steady, and market people dey wait for upcoming US economic data for new direction. Meanwhile, Ether don climb pass $3,750 to reach seven-month high, show say demand for altcoins don rise again and capital fit dey move from Bitcoin.
Former President Donald Trump dey plan order for government to make Labor Department and SEC change rules so say dem fit allow alternative assets like crypto for 401(k) retirement plans. This 401(k) crypto plan fit open gate for Bitcoin, Ethereum and other digital things to join traditional funds. SEC Chairman Paul Atkins don show say e dey support responsible information and investor education, say clear report for digital assets important well well. E also show plan for “innovation exemption” for SEC rules to make tokenization and new trade style easier. Big asset managers like BlackRock and Vanguard dey ready to launch approved crypto 401(k) products once rules finish. While advisors dey shout say volatility and liquidity fit cause wahala, traders dey see am as good thing for long-term crypto demand. As Washington dey talk about better rule-making, 401(k) holders fit soon get tax-free access to digital assets, fit make plenty money flow enter crypto market steady steady.
Dogecoin don break pass im 200-day EMA wey be $0.21, clear di $0.20 level and resolve one ascending wedge pattern for one bullish breakout. Di RSI dey for overbought area, show say plenty people dey buy. If di Dogecoin breakout momentum still go strong, DOGE fit target resistance for $0.25.
Shiba Inu dey test im 200-day EMA near $0.00001500 after e bounce from $0.00001230. If e make strong move pass di level, e fit push SHIB reach $0.00001550; but if e fail, e fit make am drop go $0.00001300.
Meanwhile, XRP don jump serious from under $2.20 to over $3.20 after e breakout from ascending triangle and EMA align sharp. E RSI of 85 and increasing volume dey support di rally, but profit-taking risk still dey. Main XRP targets dey between $3.50 and $3.80.
Traders suppose dey watch technical indicators—Dogecoin breakout volume, SHIB EMA test, XRP RSI and volume trends—for dem entry and exit points.
Ripple dey expand how e dey use XRP Ledger for UAE with government-backed deals to tokenise and keep real estate. First, dem join hand with Ctrl Alt to support Dubai Land Department’s property deed tokenisation project, using Ripple custody tech for RLUSD stablecoin. Ctrl Alt, wey now get VARA license as VASP, allow people for share ownership of real estate. Recently, Ripple sign two deals: one pilot with Abu Dhabi developer Roshn for shared property ownership on XRP Ledger, and one custody deal with Tradix for tokenised securities. Dem dey plan to tokenise $200 million worth real estate assets for UAE by end of year under ADGM regulatory sandbox. These deals build on Ripple’s DFSA crypto payments license and partnerships with Swiss bank AMINA and BNY Mellon. Traders fit see more demand and liquidity for XRP as XRP Ledger dey gain acceptance from government and institutions.
Former President Donald Trump don talk say e don get bipartisan support for GENIUS Act, wey get 11 out of 12 House members plus Speaker Mike Johnson support am. Dem plan to vote for dis stablecoin regulation bill for House on July 16. Dis law go set federal rules wey go cover reserve requirements, monthly disclosures, how dem dey operate transparent, bankruptcy protections and consumer protections. People wey like am talk say GENIUS Act go boost investor confidence, make institutions dey use am well and stop states wey dey do different kine oversight. But critics dey warn about too much regulation, high compliance costs for small issuers and say e fit spread to other crypto areas. If dem pass am, e go move go Senate, then e go need president sign and detailed rules go follow. Traders suppose dey check the final text, study their stablecoin, and prepare for stricter rules as dis vote fit be big change for stablecoin regulation and market stability.
SharpLink Gaming don dey continue their aggressive ETH buying, dem buy 74,656 ETH (≈$213 million) between July 7–13 at average price of $2,852 plus extra 10,000 ETH directly from Ethereum Foundation. For their latest move, the Nasdaq-listed company add 5,188 ETH, make their total hold reach 285,894 ETH—the biggest institutional Ethereum reserve. Since SharpLink begin use ETH as their main reserve asset, dem don stake 99.7% of their ETH holdings, earn around 415 ETH for staking rewards, including 94 ETH last week. This ETH buying happen as Ethereum still dey hold $3,000 support level even as Bitcoin drop under $116,000 because of whale selling. Technical indicators like “triple RSI bounce” and intact macro upward channel, plus continuous institutional ETH buying support forecast for possible breakout to $5,000. Traders suppose watch short term rallies above $3,000 and steady bullish trend wey dey driven by reduced circulating supply and stronger network security.
BTC price hit new all-time high of $123,218 before e come pull back 4.3% to trade near $116,000–$113,000 as people start to take profit fast. On-chain data show say Bitcoin accumulator addresses buy 248,000 BTC for one day, institutions buy 159,107 BTC for Q2 and retail holders add 19,300 BTC monthly, pass wetin dem dey supply after halving. CryptoQuant dey warn say if long-term holders dem force sell, correction fit deep well well. Chart analysis show BTC price dey test inverse head-and-shoulders neckline for $113K. Gravestone Doji and overbought Bollinger Bands show say risk dey, key support dey for 20-day EMA ($112,390) and $111,000 demand zone. If e no fit hold $115K–$113K, e fit expose moving averages near the 50-day SMA ($107,794) and e fit fall reach $105,000. If e bounce from the 20-day EMA, e fit boost rally to go pass $123,218 toward $150,000. Traders suppose dey watch liquidation clusters for $114K–$117K and profit-taking pressure for short term trends.
XRP tok waka go up reach $3.05—na di highest level since early March—after big crypto rally wey make BTC hit $123,000. Dis move comot inverse head-and-shoulders breakout from di $2.20–$2.30 level, wey dey make people dey expect say e fit reach $4.80 or even $10 based on old pattern dem. SBI Global Asset Management CEO also talk say dem dey see more use of remittance for long term plus. For July 14–15, XRP begin drop 8% come from $3.02 go $2.78 cause institution people dey reduce risk before ProShares XRP Futures ETF launch for July 18. Trading volume jump to 216.1 million tokens during morning rally, later algorithms take profit. But as di session finish, e turn back go $2.87 with 112.8 million volume, wey show buyers still dey hold ground near $2.80 support. Key levels be $2.80 support and $3.00 resistance. Traders don start dey watch ETF capital flows and regulation update as things wey fit make market move. Market people believe say dis correction healthy so dem dey expect small trading range and better risk-managed strategy until inflow clear.
Di Federal Reserve, FDIC an OCC don join han tok klar di lawwey for crypto asset custody by bank dem, sey digital assets remain as uninsured bank deposits an sej say dem haffi follow di existing risk management, capital, liquidity, an cybersecurity rules. Bank dem fit offer crypto asset custody services under di current law—wey separate trust an non-trust roles—by dem manage private keys well, use wallet strategies, do due diligence on third party custodians, an follow KYC, AML, tax an consumer protection rules. Di guidance dey give regulatory surety without new rules, wey open road for more institutions dem to use am plus boost market confidence.
Bitcoin dey continue to break record levels, e reach like $123,000 small before e settle for around $120,000. The whole crypto market cap dey near $4 trillion now. Dis crypto market run na because investors dey optimistic, plus institutional Bitcoin ETF money dey come in steady steady, and also big macro tins like central bank rate decisions plus big tech earnings reports dey come. Ethereum (ETH), Solana (SOL) and XRP just dey follow behind Bitcoin's movement, while tokens like SUI and Uniswap's UNI make gains from like 2.5% to 10%. Trading volume jump 23% week to week but e still no reach old peaks, so e show say people dey careful and full altcoin bull market never start yet. Regulators for US and EU fit bring more wahala. Traders supposed dey watch ETF inflows, rate moves and regulatory updates well well, manage risk and prepare for more wahala inside Bitcoin and crypto market generally.
Bank of England Governor Andrew Bailey don yarn big banks make dem no dey issue dia own stablecoins. Him talk say stablecoins fit cause liquidity wahala, make deposits scatter, plus e fit help money laundering. Bailey prefer tokenized deposits—digital money wey bank get wey dey inside banking system and dey support lending. But Executive Director Sasha Mills dey see stablecoins as important for wholesale markets and she dey call for modernize central bank money alongside keep CBDC as main settlement tool. Even though Bailey dey cautious, banks like JPMorgan, Citi, and Bank of America dey try proprietary stablecoins like JPMD to quick big payments. Bailey also no big up quick CBDC issuance. Traders suppose dey watch UK stablecoin regulation well because future rules fit restrict bank-led projects, affect stablecoin liquidity, plus change bank reserve flows.
Bearish
StablecoinsTokenized DepositsBank of EnglandRegulationJPMorgan