Tag: crypto market

  • Bitcoin and Ethereum ETFs See Renewed Inflows as Institutional Interest Picks Up

    Bitcoin and Ethereum ETFs See Renewed Inflows as Institutional Interest Picks Up

    US spot crypto ETFs recorded fresh inflows on August 4, with Bitcoin funds attracting $211.49 million and Ethereum products gaining $53.75 million. The renewed demand supported Bitcoin above $64,000 as investors focused on institutional flows and market positioning.

    Bitcoin traded near $64,043, up 0.57% over 24 hours. Stronger ETF demand and short liquidations added buying pressure above $64,000. Bitcoin accounted for the larger share of combined ETF demand.

    Bitcoin ETFs Extend Inflows

    According to SoSoValue data, Spot Bitcoin ETFs recorded $211.49 million in net inflows on August 4. BlackRock’s iShares Bitcoin Trust led the group with $111.4 million. The two-day inflow period reversed the $265.37 million outflow recorded on July 31. Bitcoin funds previously lost 4,217 BTC during that session.

    The change marked a return of capital after a single withdrawal period. However, daily ETF flows can shift as institutions adjust positions or complete fund transactions. BlackRock’s IBIT provides Bitcoin exposure through exchange-traded shares. Investors can access Bitcoin through brokerage accounts without managing private keys or direct custody.

    Authorized participants create and redeem ETF shares based on market demand. These transactions can reflect institutional buying, arbitrage activity, or portfolio adjustments.

    Moreover, the SEC approved in-kind creations and redemptions for crypto exchange-traded products in July 2025. Qualifying institutions can exchange underlying assets directly for fund shares.

    Ethereum ETFs Reverse Outflow Trend

    Ethereum spot ETFs recorded $53.75 million in net inflows on August 4. The figure reversed the $11.42 million outflow reported on August 3. Cumulative net inflows across US Ethereum spot ETFs reached $11.25 billion. Total net assets increased to $10.32 billion during the session.

    The asset total rose from $10.23 billion on August 3. Trading volume reached $387.96 million on August 4, compared with $519.88 million during the previous session.

    Ethereum products recorded withdrawals on August 3 while Bitcoin ETFs attracted $170.09 million. The August 4 figures showed renewed demand across both major crypto ETF categories.

    Fees, liquidity levels and portfolio rules can influence daily allocations. Fund creations can also reflect arbitrage activity instead of direct retail purchases.

    XRP products attracted $1.15 million on August 3, while HYPE funds recorded withdrawals of around $964,320. Other products covering Solana, Chainlink, BNB, Avalanche, Polkadot, Dogecoin, and Litecoin posted positive token flows.

    Bitcoin Faces $64,300 Resistance

    Bitcoin’s move above $64,000 triggered $27.36 million in short liquidations during the reported 24-hour period. Short positions represented about 83% of all Bitcoin liquidations.

    Forced closures required traders to buy Bitcoin to exit bearish positions. That activity added momentum during the recovery.

    Bitcoin faces resistance near $64,300. A confirmed four-hour close above that level could open a path toward $64,757 and $65,500.

    The first support area sits near $63,933. A rejection from resistance could send Bitcoin toward the $62,000 to $63,000 zone.

    Bitcoin also maintained an 84% correlation with the S&P 500, keeping the asset connected with broader market movements.

    Investors will monitor upcoming ETF flow reports for changes in institutional demand. Fund-level creation data can provide further information on allocation trends across crypto investment products.

  • Bitcoin’s $9.57 Billion Options Expiry Nears as Volatility Hits Two-Year Low

    Bitcoin’s $9.57 Billion Options Expiry Nears as Volatility Hits Two-Year Low

    Bitcoin is bracing for a major month-end options expiry on Friday, July 31, with approximately 149,000 contracts worth $9.57 billion set to settle. The event arrives as the cryptocurrency trades near its $64,000 max-pain level, a price point that could amplify price swings once contracts are settled.

    Bitcoin Options Expiry Centers on $64,000

    The expiring batch carries a put/call ratio of 0.28, indicating a heavy dominance of call options over puts. Max pain sits near $64,000, close to Bitcoin’s spot price during Friday’s session. Open interest remains concentrated at higher strike prices on Deribit, with the $70,000 and $72,000 strikes each holding about $2.4 billion. The $60,000 strike carries approximately $1.3 billion.

    Across exchanges, total Bitcoin options open interest has climbed to roughly $34.7 billion, according to Coinglass, meaning the expiring batch represents a substantial portion of outstanding exposure.

    Low Volatility Meets Heavy Contract Settlement

    Bitcoin briefly moved above $65,000 early Friday but quickly retreated toward $64,325. The asset has remained within a broad consolidation range for about two months. Live market data showed a Friday range between $63,839 and $65,328.

    Analyst Daan noted that Bitcoin has reached its lowest weekly volatility in two years. That compressed price action now meets one of the market’s largest recent options expiries, raising questions about whether the event could finally disrupt the two-month consolidation.

    Deribit pointed to cautious macro signals continuing to pressure Bitcoin, while identifying market stabilization and renewed capital inflows as key indicators to watch.

    Ethereum Adds $825 Million to Expiry Event

    Around 433,000 Ethereum options contracts also expire Friday, with a notional value near $825 million. The contracts carry a 0.59 put/call ratio and a $1,800 max-pain level. Ether has traded within a narrow range near $1,900 during recent sessions. Total Ethereum options open interest across exchanges remains near $5.4 billion.

    Together, the Bitcoin and Ethereum expiries reach approximately $10.4 billion. Meanwhile, the broader crypto market returned to about $2.3 trillion after losing nearly $25 billion during the week.

    The weekly retreat followed the Federal Reserve’s decision to hold interest rates steady and the resumption of military action between the United States and Iran.

    Market participants will watch settlement flows, capital movement, and price stability for signs of renewed volatility in the days ahead.

  • Bitcoin Holds Above $64K as Traders Await Fed Rate Decision Amid $430M Liquidation Wave

    Bitcoin Holds Above $64K as Traders Await Fed Rate Decision Amid $430M Liquidation Wave

    Bitcoin traded near $64,300 on Wednesday as traders prepared for the Federal Reserve’s interest-rate decision. The asset recovered part of Tuesday’s decline after moving between $62,400 and $66,700 during a volatile period. The broader crypto market also gained, even after exchanges closed more than $430 million in leveraged positions.

    Moreover, the Fed’s July 28–29 meeting kept traders cautious. Markets largely expect officials to hold the federal funds target range at 3.50% to 3.75%. However, traders still assign roughly a one-in-three chance of a quarter-point increase. Inflation stays above the Fed’s 2% goal, while easing oil prices have reduced some immediate pressure.

    Bitcoin Price Holds as Fed Decision Nears

    Bitcoin gained about 1.5% over 24 hours and stayed above $64,000. The move tracked a 1.2% rise in total crypto market value. Ether advanced toward $1,913, while XRP and Cardano posted smaller gains. Jupiter led major decentralized finance tokens with a gain of nearly 6%.

    Traditional markets showed limited direction before the announcement. S&P 500 and NASDAQ 100 futures edged higher, while gold stayed above $4,000. Silver rose about 1.4%. These moves showed demand across several assets rather than a clear shift into one market segment.

    Bitcoin’s immediate range centers on support near $63,410 and resistance around $64,748. A move above resistance could open a retest of recent highs. A break below support would place $62,329 back in focus. Price action may stay sensitive to the Fed statement and press conference.

    Long Positions Lead $435 Million Liquidation Wave

    Meanwhile, CoinGlass data cited in the supplied report showed that exchanges liquidated 111,555 traders over 24 hours. Total liquidations reached $430 million. Long positions accounted for $324.03 million, while short positions represented $111.47 million.

    Ethereum recorded the largest asset-level total at $74.34 million. Bitcoin followed with $65.78 million. Binance handled $201.08 million of the closures, close to half of the market total. Hyperliquid followed with $93.93 million, while OKX recorded $53.89 million.

    The liquidation wave did not trigger a broad price collapse. Instead, Bitcoin and several large altcoins recovered as forced selling slowed. The total was far below the approximately $19 billion liquidation event recorded on October 10, 2025. However, the Fear and Greed Index stayed in the ‘Fear’ zone at 29.

    Derivatives Traders Keep Exposure Steady

    However, derivatives data showed traders had not added large new positions before the Fed decision. Total crypto open interest stayed near $113 billion, while trading volume rose 10% to $205 billion. The taker long-short volume ratio also stayed close to balance.

    Bitcoin open interest held near 750,000 BTC. Ether open interest declined for a fourth day to 14.14 million ETH. UNI moved against the wider trend, with open interest rising to 68.53 million tokens after its price gained about 5%.

    Options data showed stronger demand for Bitcoin downside protection. Put options at $62,000, $60,000 and $54,000 led Deribit’s 24-hour volume rankings. Ether calls ranked higher than puts. Meanwhile, 30-day implied volatility for both assets stayed near recent lows.

    The Fed is scheduled to release its decision at 2 p.m. Eastern Time, followed by a press conference. Traders will watch whether Bitcoin holds above $63,410 or faces rejection near $64,748 after the announcement.

  • Dogecoin Price Analysis: DOGE Holds Key Support, Eyes Recovery to $0.16 and Long-Term $0.45 Target

    Dogecoin Price Analysis: DOGE Holds Key Support, Eyes Recovery to $0.16 and Long-Term $0.45 Target

    Dogecoin is trading near a critical support zone between $0.069 and $0.072, with analysts watching for a potential recovery toward $0.16 in the medium term and $0.45 in a strong bull market. The cryptocurrency has experienced months of price weakness, but recent price action suggests selling pressure may be easing.

    Key Support Levels Hold Firm

    Dogecoin currently trades around $0.073, hovering just above its key support zone. The area between $0.069 and $0.072 has attracted buyers in recent weeks, preventing a deeper decline. Below this, stronger support lies between $0.063 and $0.065, which could draw fresh demand if selling pressure increases.

    Resistance Levels to Watch

    The first major resistance stands at $0.089, where the 20-week moving average now acts as a barrier. The next significant hurdle is the $0.11 to $0.12 range, an area that has seen multiple failed breakouts. A weekly close above this zone would signal bullish momentum and open the path toward $0.14 and eventually $0.16.

    Technical Indicators Signal Potential Volatility

    The weekly chart remains bearish, with Dogecoin trading below its 20-week and 50-week moving averages. However, the Bollinger Bands are narrowing, a pattern that often precedes a sharp price move. While sellers still hold the overall advantage, the market shows signs that selling pressure is weakening after the prolonged decline.

    Long-Term $0.45 Target Remains Possible

    The ambitious $0.45 target, which would represent a more than 500% increase from current levels, remains a long-term possibility. Reaching this level would require a strong crypto bull market led by Bitcoin, along with renewed investor confidence and higher trading activity. Dogecoin has historically performed well during broad crypto rallies.

    Market Data Shows Mixed Signals

    Trading volumes remain relatively low, indicating low conviction among participants. Analysts expect Dogecoin to trade within a range of $0.071 to $0.078 in the near term. A sustained move above the upper end of this range could improve the chances of a breakout.

    Outlook

    Dogecoin stands at a pivotal point. A successful defense of the $0.069–$0.072 support zone could allow buyers to build momentum for a recovery attempt. A breakout above $0.12 would improve the technical picture significantly, paving the way for a move toward $0.16. The $0.45 target remains a long-term possibility dependent on broader market conditions.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency investments carry risk, and you should conduct your own research before making any investment decisions.

  • Bitcoin Drops to $63K as Crypto Market Loses $80B; Apple Hit With $1.8M Lawsuit Over Fake Sparrow Wallet Apps

    Bitcoin Drops to $63K as Crypto Market Loses $80B; Apple Hit With $1.8M Lawsuit Over Fake Sparrow Wallet Apps

    Bitcoin fell to $63,000 on Monday after a brief rally failed, wiping $80 billion from the cryptocurrency market and triggering approximately $700 million in liquidations. Ethereum dropped below $1,900, while several major altcoins recorded steeper losses. In a separate development, three users have filed a federal lawsuit against Apple, alleging that fake Sparrow Wallet applications on the App Store led to losses of about $1.835 million in Bitcoin.

    Bitcoin Reverses Monday Rally

    Bitcoin entered Monday after a volatile week that saw it climb from $63,750 to a monthly peak of $67,000 within 36 hours. Sellers blocked further gains at that level, pushing the asset down to $64,750 on Wednesday and $63,750 by Friday.

    Weekend trading brought calmer conditions and a recovery toward $64,000. News of de-escalation in Middle Eastern conflicts then lifted Bitcoin to $65,600 twice on Monday, marking its highest price since Friday. However, the advance ended quickly as sellers drove Bitcoin down nearly $3,000 within hours. It touched $63,000 for the first time in 10 days, then recovered slightly to $63,400. Bitcoin remained 3% lower for the day, while its market value fell to $1.720 trillion. Its market dominance stayed below 57%, according to the figures provided.

    Ethereum also surrendered Monday’s gains after reaching a two-month high of $1,980. A 4.2% daily decline pulled it about $100 lower. XRP and Solana posted similar losses, while HYPE fell 8% to $55. Zcash, Chainlink, Stellar, and Cardano also traded sharply lower.

    Audiera’s BEAT led the declines with a 25% fall to $2.74. NEAR dropped 10%, while Shiba Inu and Pi each lost 9%. The total crypto market value declined from $2.330 trillion to $2.250 trillion in one day, removing about $80 billion from the market.

    Apple Faces Sparrow Wallet Lawsuit

    Three users filed a 54-page federal complaint against Apple on July 24 in California’s Northern District. They allege that fraudulent Sparrow Wallet applications reached the App Store and caused approximately $1.835 million in Bitcoin losses.

    James Ramirez, Christopher Ellis, and Jalen Delgado brought the case under docket number 5:26-cv-07713. The public docket lists the complaint, a civil cover sheet, and an unexecuted summons. No judge has yet ruled on Apple’s responsibility for the alleged thefts, and the users’ claims remain untested in court.

    Apple says it quickly removed the impersonating applications and terminated the developer accounts tied to them. The company had not filed a public response in the case. The complaint states that Delgado downloaded a spoof application around May 1, 2025, and lost about $120,000. Ramirez allegedly lost 7.4 BTC, valued near $875,000, after downloading another application on July 25. Ellis allegedly lost about $840,000 after using similar software around August 3.

    Each user says the application requested a wallet seed phrase before moving Bitcoin to attacker-controlled addresses. Sparrow’s official website lists desktop downloads for macOS, Windows, and Linux. It currently offers no iOS application.

    The case now raises a pivotal question: how much responsibility does an app store carry when a fake wallet reaches users? Entering a recovery phrase into malicious software gives attackers full control of the connected wallet.

    Key Takeaways

    • Bitcoin’s failed Monday rally erased $80 billion from the crypto market and pushed Ethereum below $1,900.
    • Apple faces allegations that fake Sparrow Wallet apps caused $1.835 million in Bitcoin losses.
    • Users should always verify official wallet platforms before entering recovery phrases or seed words.
  • Solana Price Forecast 2026: Will SOL Break Out or Break Down?

    Solana Price Forecast 2026: Will SOL Break Out or Break Down?

    Solana (SOL) is trading near a critical support zone as technical indicators show improving momentum. Strong network growth and upcoming upgrades could shape whether SOL moves toward recovery or faces another decline. Here’s an in-depth analysis of the key levels and scenarios for 2026.

    Key Takeaways

    • Solana remains below major moving averages, keeping the long-term trend under pressure.
    • Weekly RSI shows improving momentum after recovering from oversold conditions.
    • A breakout above $80 could strengthen the recovery outlook toward higher resistance levels.

    Current Price and Market Context

    Solana (SOL) stands at an important stage after a long period of heavy selling. The cryptocurrency trades near $73.39 on the weekly chart, far below the highs from the previous market cycle. Even with this weakness, the latest technical picture shows that selling pressure has slowed. The sharp decline has given way to a narrow trading range, a pattern that often appears before a major market move.

    The weekly chart shows that buyers and sellers now fight for control around the current price zone. This battle has kept Solana within a tight range for several weeks. Market participants now watch the next breakout or breakdown for fresh direction.

    Weekly Chart Shows Early Signs of Stability

    The latest weekly chart presents a mixed outlook. Solana still trades below every major moving average, which keeps the broader trend under pressure. The 20-week moving average sits near $80, the 50-week moving average stands around $122, the 100-week moving average remains close to $148, and the 200-week moving average stays near $108. These levels create strong resistance for any recovery attempt.

    At the same time, price action has started to stabilize after months of sharp declines. Large red candles have become less frequent, while smaller candles now dominate the chart. This shift often reflects a market that has reached a temporary balance after an extended fall. Such conditions sometimes appear before a stronger move in either direction.

    RSI Suggests Sellers Have Lost Some Control

    The current value of the weekly Relative Strength Index (RSI) is around 38, which is currently a bit above the oversold region. While it’s still below the median neutral level of 50, the positive trend indicates a decrease in bearish pressure. The increase in the RSI while prices are moving sideways implies that the sellers have lost their grip on the market. Even though the indicator is not in the bull territory, it indicates that the market is becoming stronger.

    Key Price Levels Will Shape the Next Move

    Several price levels now carry major importance for Solana. Immediate resistance appears near $80, where the 20-week moving average sits. A move above this level could attract fresh buying interest and improve market confidence. Higher resistance levels stand near $95 to $100, followed by $108, $122, and finally $147 to $150. Each level could slow any upward move as previous buyers may decide to sell near those areas.

    Support remains near $68 to $70, with stronger support around $60. The previous cycle low near $52 stands as the final major support zone. A drop below $60 would weaken the current recovery outlook and place fresh pressure on market sentiment.

    Network Growth Continues Despite Price Weakness

    The Solana ecosystem is growing despite the fact that tokens are being traded at much lower values than before. If it wasn’t for the impressive activity taking place within the network, it would have been quite challenging to say that the blockchain is promising. The statistics reflect that the number of active wallets remains stable, which means that cryptocurrency developers, users, and decentralized apps continue to support the network.

    At the same time, the attention towards hot projects such as Firedancer and Alpenglow does not decrease. These projects are designed to increase the speed of the network, as well as its stability and overall efficiency. The better infrastructure the blockchain gets, the more trust the investors will have in the project in the long run.

    Institutional interest is also relevant for the overall picture of the market. Spot Solana ETFs have been gaining popularity among large investors, but inflows have slowed down compared with previous periods. However, the presence of institutions will continue to influence market dynamics for a long time.

    Three Possible Price Scenarios for 2026

    The most likely outcome places Solana inside a broad trading range between $65 and $90. The current chart supports this view as price continues to consolidate after months of heavy selling. This scenario carries the highest probability while the market waits for stronger technical confirmation.

    A bullish scenario could develop if Solana breaks above $80, followed by strong weekly closes above $100 and $108. Such a move would improve the long-term trend and open the path toward $120 to $150 before the end of 2026. Stronger crypto market sentiment, healthy institutional demand, and successful network upgrades could support this recovery.

    A bearish outcome remains possible. If Solana falls below $60, selling pressure could return quickly. That move may send the token back toward the previous cycle low near $52, where buyers may attempt another defense.

    Why This Matters

    Solana continues to be one of the largest blockchain networks, and as such, any price change is significant to investors, developers, and the entire cryptocurrency market. The existing chart indicates an important phase, during which support and resistance can define the next long-term trend. Confirmation of a breakout or breakdown could influence market stability, institutional interest, and blockchain adoption in 2026.

    Outlook Remains Cautiously Positive

    The current technical picture does not confirm a new bull market, yet it also does not show the panic that marked earlier stages of the decline. Stable price action, a recovering RSI, and steady network development all suggest that Solana has entered an important transition period.

    The first major signal of renewed strength will arrive with a sustained weekly close above $80. A move above $108 and $122 would provide much stronger confirmation that buyers have regained control of the long-term trend.

    For now, Solana appears to be building a foundation after a long correction. The coming months will likely determine whether this period becomes the base for a fresh recovery or another pause before further weakness. The chart currently leans toward gradual stabilization, while the key resistance levels will decide if the next major move finally shifts in favor of the bulls.

    FAQs

    1. What is the current Solana price? Solana is trading around $73.39 on the weekly chart after experiencing prolonged selling pressure.
    2. What is the first major resistance level for SOL? The first important resistance level stands near $80, where the 20-week moving average sits.
    3. Why is the RSI important for Solana? The RSI helps measure market momentum. A rising RSI near 38 suggests that selling pressure has eased.
    4. What could support Solana’s price in 2026? Network upgrades, healthy ecosystem activity, institutional interest, and a stronger crypto market could support future price growth.
    5. What is the biggest downside risk for Solana? A weekly break below $60 could increase bearish pressure and open the path toward the previous cycle low near $52.
  • Pi Network Completes Slice Token Distribution as PI Price Struggles Near Record Lows

    Pi Network Completes Slice Token Distribution as PI Price Struggles Near Record Lows

    Pi Network has finalized the distribution of Slice, its second testnet token, while PI continues to trade under pressure near its July record low. The team announced the completion earlier today via X, allowing Pioneers to check allocations, token prices, liquidity access, and price movements inside the Launchpad application. At the time of reporting, PI was trading around $0.083 after another sharp decline.

    Slice Distribution Expands Launchpad Testing

    Pi Network launched its Launchpad testnet token program on PiDay 2026 (March 14). Nearly 480,000 users participated in the first testing phase, providing feedback that led the team to simplify participation, revise mechanics, and improve the user experience. The project introduced Slice in June to extend the testing process.

    Testing opened on June 12 and ran until Pi2Day on June 28. After weeks without updates, the team confirmed distribution completion. The Launchpad application now displays each user’s allocation, launch price, and effective token price, along with direct access to the SLICE liquidity pool. A new chart tracks Slice against test-Pi, enabling users to examine post-launch activity and observe how liquidity pools affect testnet pricing.

    PI Price Struggles Below $0.10

    PI fell 3.80% over 24 hours to $0.0829, extending a monthly decline of nearly 30%. The token remained about 17% above its July 14 low of $0.07072. Earlier, PI lost the $0.10 support level and reached a new record low near $0.07. A 20% daily rebound briefly pushed the token toward $0.10, but resistance halted that recovery. PI then dropped more than 10% to $0.082 after earlier signals pointed toward another rejection.

    The broader crypto market also declined 0.94% to $2.19 trillion. Coinglass recorded 83,203 liquidations worth $301.33 million during the same period. SoSoValue data showed $225.2 million in Bitcoin ETF outflows and $26.3 million in Ethereum ETF outflows. Bitcoin traded near $64,000, while Ethereum stayed above $1,850.

    Can PI Hold Above Its Record Low?

    A token unlock tracker listed 127.50 million PI for release over 30 days, based on data updated June 15. That amount represented 2.06% of 6.19 billion tracked locked tokens. At the listed valuation, the scheduled releases carried an estimated value of $10.65 million. The tracker projected an average daily release of 4.25 million PI, with the largest release scheduled for June 25 involving about 7.45 million PI (valued near $622,276).

    Unlocked tokens do not automatically reach exchanges, so scheduled releases do not create immediate selling pressure. However, they expand the amount holders can access during the tracking period.

    At reporting time, PI traded at $0.08348 after gaining 0.82% over four hours. Its Relative Strength Index stood at 34.46, close to oversold territory. The MACD line remained below its signal line, while the histogram stayed negative. Resistance sat near $0.090, followed by $0.095 and the major $0.10 level.

    Further weakness could send PI toward $0.078 or $0.075. A break below that range would expose the horizontal support area near $0.070. Separately, some users reported missing tokens and repeated failed wallet transactions involving unknown addresses. The supplied information did not include a formal team response to those complaints.

    Conclusion

    Pi Network completed the Slice testnet token distribution and added tools for tracking allocations, prices, and liquidity pools. However, PI remains under pressure near record lows as resistance and scheduled token unlocks affect market sentiment. Users should monitor support levels and official network updates closely.

  • Crypto Market Roundup: Bitcoin ETF Outflows, Dogecoin Volume Surges, Samsung Wallet Stablecoin Support, Bitfinex El Salvador License, and Poolin Bankruptcy

    Crypto Market Roundup: Bitcoin ETF Outflows, Dogecoin Volume Surges, Samsung Wallet Stablecoin Support, Bitfinex El Salvador License, and Poolin Bankruptcy

    The cryptocurrency market saw a flurry of major developments on July 24, 2026, including significant outflows from spot Bitcoin ETFs, a sharp rise in Dogecoin trading volume, Samsung’s plan to integrate stablecoins into its mobile wallet, Bitfinex securing a license in El Salvador, and the former mining giant Poolin filing for Chapter 11 bankruptcy.

    Bitcoin ETFs See $225 Million in Outflows

    According to SoSoValue, spot Bitcoin ETFs recorded $225 million in net outflows on July 23. BlackRock’s iShares Bitcoin Trust (IBIT) led the outflows with $202 million exiting the fund. In contrast, the Morgan Stanley ETF MSBT saw the highest single-day inflow at $5.01 million, bringing its historical total net inflow to $400 million. Despite the daily redemptions, the cumulative historical net inflow across all spot Bitcoin ETFs remains robust at $51.626 billion, with total net assets of $78.817 billion and an ETF net asset ratio of 6.03%.

    Dogecoin Trading Volume Surges 123%

    Dogecoin (DOGE) experienced a remarkable spike in trading activity, with 24-hour spot volume jumping more than 123% to approximately $219 million. Futures volume also surged, reaching nearly $1.5 billion. Open interest exceeded $1.1 billion, indicating that leveraged traders remain heavily exposed despite the token’s struggle to break through key resistance. DOGE was trading at around $0.069, having faced yet another rejection below the 26-day exponential moving average at approximately $0.074.

    Samsung Wallet to Add Stablecoin Support

    During the Galaxy Unpacked event, Samsung Electronics announced plans to add stablecoin support to Samsung Wallet. Samsung product manager Lee Dinham stated that the wallet will expand beyond cash and savings to include stablecoins, enabling users to transfer digital value directly from their smartphones. The move positions Samsung as one of the first major smartphone brands to offer native stablecoin functionality, bridging traditional payments with blockchain-based digital assets.

    Bitfinex Secures El Salvador License

    Bitfinex has obtained a Digital Asset Service Provider (DASP) license in El Salvador, covering spot trading, crypto derivatives, and tokenized securities. The approval, announced on May 12, follows the registration of two Bitfinex-linked operating entities by the National Commission of Digital Assets on April 23. The license brings the core Bitfinex trading platform, Bitfinex Securities El Salvador, and Bitfinex Derivatives El Salvador under a single regulated framework in one of the world’s most crypto-friendly jurisdictions.

    Poolin Files for Chapter 11 Bankruptcy

    Poolin Technology Pte. Ltd., the Singapore-based parent of what was once a leading Bitcoin mining pool, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey after its Texas Bitcoin mining and hosting operations ceased on July 10. The filing includes U.S. affiliates Lonestar Dream Inc. and Lonestar Taproot LLC. Poolin lists estimated creditors between 10,001 and 25,000, assets of $1 million to $10 million, and liabilities of $100 million to $500 million. Chief Restructuring Officer Michael DuFrayne disclosed prepetition obligations of approximately $173.1 million, with $163.7 million in unsecured IOUs issued to Poolin Wallet customers after withdrawals were suspended during the 2022 crypto downturn.

    Frequently Asked Questions

    Why did Bitcoin ETFs record large outflows?

    Spot Bitcoin ETFs experienced net redemptions as investors booked profits and adjusted exposure amid volatile market conditions. Despite the outflows, cumulative historical inflows above $51.6 billion signal continued long-term institutional interest.

    Why is Dogecoin’s trading volume increasing?

    Dogecoin saw a surge in spot and futures trading activity as traders positioned for potential price movements. However, the token remains below key technical resistance levels, suggesting limited bullish momentum.

    What does Samsung Wallet’s stablecoin support mean?

    Samsung plans to integrate stablecoins into its wallet, enabling direct blockchain-based value transfers from smartphones. This marks growing mainstream adoption of digital assets through consumer technology.

    Why is Bitfinex’s El Salvador license important?

    The license allows Bitfinex to operate a regulated ecosystem for spot trading, derivatives, and tokenized securities in a crypto-friendly jurisdiction, enhancing its global regulatory standing.

    Why did Poolin file for Chapter 11?

    Poolin filed for bankruptcy after prolonged financial difficulties stemming from the 2022 crypto market downturn. The company reported liabilities up to $500 million, mostly tied to customer IOUs from suspended wallet withdrawals.

  • Bitcoin Hovers Near $65,700 After Failing to Break $67,000 Resistance

    Bitcoin Hovers Near $65,700 After Failing to Break $67,000 Resistance

    Bitcoin traded close to $65,700 during the latest session after another day of strong price swings. The world’s largest cryptocurrency continued to move inside a narrow range after facing heavy selling pressure near the $66,900–$67,000 area.

    Latest market data shows Bitcoin trading in the mid-$66,000 range with a market capitalization exceeding $1.3 trillion. Daily trading volume remained robust, indicating healthy market activity despite the recent pullback.

    Bitcoin Technical Analysis

    A strong rally began from approximately $65,400, according to a 5-minute TradingView chart. The increase continued until it peaked at $66,921, where the move was halted. Once the price approached $67,000, sellers stepped in to push prices down.

    After this rejection, Bitcoin formed a series of lower highs, signaling weakening buying momentum. Any increase was met with fresh selling, keeping prices lower.

    The drop brought Bitcoin to the $65,700 area, which has become an important short-term support level. The market showed some consolidation around this price, but it remains unclear whether buyers have fully returned.

    The Relative Strength Index (RSI) supports this view. It stands near 29, placing it in oversold territory while selling pressure remains strong. This suggests the market may experience a recovery, but there is no significant buying yet to confirm a rebound.

    Trading volume increased considerably during sharp price shifts, indicating both sellers and buyers remained active throughout the session. However, the chart has not yet shown a trend change.

    Important Support Levels

    Bitcoin now sits close to its first major support between $65,600 and $65,700. This zone has already slowed the recent decline and could attract buyers again. If this support fails, the next levels to watch are $65,400, followed by $65,000 and then $64,700. A break below $65,000 may increase selling pressure as many traders keep stop-loss orders around this level, potentially leading to a faster drop if buyers fail to defend the market.

    Important Resistance Levels

    Bitcoin’s first major resistance level is near $66,000. Above that, selling pressure is likely to return around $66,500. The greatest resistance remains between $66,900 and $67,000, which marks the peak of last week’s rally. Should Bitcoin surpass $67,000, market confidence would increase, attracting many buyers and improving the chances of a bullish move upward.

    Market Sentiment

    The overall market mood remains cautious but stable. Bitcoin has managed to stay above the important $65,000 level despite several rounds of selling, showing that buyers have not completely stepped away. At the same time, the recent lower highs indicate that many traders prefer to book profits rather than chase higher prices, limiting every recovery attempt over the past several hours.

    The oversold RSI suggests that the current weakness may begin to slow. However, technical indicators alone cannot confirm a reversal. Price must move above nearby resistance with stronger buying before the market can show a clear change in direction.

    Latest Bitcoin News

    Recent developments continue to support the long-term outlook for Bitcoin. Spot Bitcoin exchange-traded funds (ETFs) have reported several days of fresh inflows. This steady demand from large investors has helped Bitcoin remain above the $66,000 area despite recent market pressure. Another important development is Bitcoin’s volatility index, which has returned to levels that have often appeared before larger price moves in the past. This does not guarantee a fall or a rally, but it suggests that bigger price swings may arrive soon.

    Short-Term Outlook

    Bitcoin has reached a very significant moment. It needs to remain above $65,600 to maintain the existing structure. If this level holds, buyers will have an opportunity to test higher resistance levels. However, should the price drop below $65,000, selling volume could intensify, driving Bitcoin toward lower support levels. The price changes in the coming few trading sessions will likely determine whether the market returns to its upward trajectory or slows down further.

    Why This Matters

    Bitcoin has reached an important stage where both buyers and sellers are testing key price levels. Strong ETF demand continues to support long-term confidence, while short-term technical signals suggest higher volatility ahead. The next move above resistance or below support could shape Bitcoin’s direction over the coming days.

    Final Thoughts

    Bitcoin remains inside a crucial trading range after another volatile session. The latest chart shows that sellers still control the area near $67,000, while buyers continue to protect support around $65,600. The RSI near 29 indicates oversold conditions, but this alone does not confirm a recovery. Strong buying above resistance will remain the key signal for a fresh rally. Until that happens, Bitcoin is likely to stay inside its current range, with both support and resistance playing a major role in the next price move.

    Frequently Asked Questions

    1. What is Bitcoin’s current support level? The immediate short-term support zone rests between $65,600 and $65,700, which has recently helped slow down selling pressure and stabilize prices.
    2. Why is $67,000 an important level? Recent buying rallies hit a ceiling near $66,921–$67,000, making it a critical resistance barrier that buyers must break to regain bullish control.
    3. What does the RSI reading of 29 mean? An RSI reading near 29 indicates deeply oversold short-term conditions, signaling heavy selling pressure that could leave room for a relief bounce.
    4. How are Bitcoin ETFs affecting the market? Continued spot Bitcoin ETF inflows demonstrate ongoing institutional demand, helping establish a baseline level of market confidence during price pullbacks.
    5. What could happen if Bitcoin falls below $65,000? Breaching $65,000 could trigger stop-loss orders, leading to accelerated selling that targets lower support zones near $64,700 or below.
  • BlockDAG’s 95x Opportunity Nears Its End as XRP Holds Strong and Aster Struggles to Recover

    BlockDAG’s 95x Opportunity Nears Its End as XRP Holds Strong and Aster Struggles to Recover

    The cryptocurrency market is caught in a tug-of-war this week, with buyers and sellers competing for control. XRP shows cautious strength near $1.107, while Aster crypto struggles to defend the $0.620 support level. Meanwhile, BlockDAG is surging ahead with a potential 95x return opportunity that is closing in just hours.

    XRP Price Prediction: Bulls Target Key Breakout

    XRP is trading around $1.107 after bouncing off the key $1.070-$1.078 support zone. Bulls are now aiming to break and hold above $1.12, which could pave the way for a move toward $1.184. On-chain data reveals whale wallets accumulated approximately 70 million XRP between July 11 and July 15, while Binance’s XRP reserves have dropped to about 2.61 billion tokens—their lowest level since February 2026. Fewer coins on exchanges may reduce near-term selling pressure. However, the RSI at 48.57 indicates only gradual momentum improvement, with mixed technical signals. The XRP price prediction hinges on whether buyers can turn $1.12 into solid support.

    Aster Price Update: Buyers Defend $0.620

    Aster crypto is trading around $0.627, down about 0.86% over the past 24 hours amid broader market pressure. Buyers continue to defend the $0.620 support level, but the token has struggled to break above the $0.630–$0.640 resistance zone. The RSI stands at 46.86, showing neither buyers nor sellers have gained full control, while the MACD points to weak momentum. Trading volume increased to $58.88 million, reflecting active market interest, but buying pressure has not been strong enough to drive prices higher. A break above $0.640 could improve sentiment, while a drop below $0.620 may trigger further short-term losses.

    BlockDAG: Final Hours to Secure 95x ROI

    BlockDAG’s ecosystem is accelerating on multiple fronts. The X1 mobile mining app, already used by over 4 million people, just received an upgrade for a smoother user experience. BDAG AI has officially launched, bringing artificial intelligence tools into the network and contributing to a $500 million jump in valuation. Additionally, the BlockDAGX exchange is set to open within days, offering spot trading, futures trading, and dedicated apps for Apple and Google Play.

    What makes this opportunity stand out is that the entry price remains at a strikingly low $0.00000033, while the buyback rate is set at $0.03, working out to a potential 95x return. This has placed BlockDAG at the forefront of the best crypto to buy conversation. The project’s casino has already attracted over 13,000 users and processed wagers exceeding $150 million in a single month, showcasing strong adoption. With the chance to sell at $0.03 ending in just hours, anyone looking to maximize returns needs to act now.

    Which Is the Best Crypto to Buy Today?

    The XRP price prediction depends on whether $1.12 can flip into solid support, potentially opening the path toward $1.184. Aster crypto needs a clean break above $0.640 to shift sentiment, while a slip below $0.620 could send it lower. Both tokens remain caught between cautious buyers and hesitant sellers. BlockDAG, however, is not waiting for confirmation. With a $500 million valuation jump, an incoming exchange, and a casino processing $150 million in monthly wagers, the project is stacking real traction. The $0.03 buyback unlocking a potential 95x ROI—with only a few hours left—makes BlockDAG the clearest pick for the best crypto to buy in 2026.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Always conduct your own research before making any investments.