Tag: cryptocurrency

  • Bitquery Co-Founder Accused of Stealing $5M, Deleting 194 Financial Records

    Bitquery Co-Founder Accused of Stealing $5M, Deleting 194 Financial Records

    Bitquery, a cryptocurrency data provider, has filed a lawsuit against its co-founder Dionysios “Dean” Karakitsos, alleging he stole over $5 million from the company and deleted 194 financial records before resigning in October 2025. The lawsuit was filed in Manhattan Supreme Court in June 2026.

    According to the complaint, Karakitsos controlled the company’s accounts and allegedly transferred funds to accounts linked to himself and associates. The company claims that before his resignation, he deleted 194 expense and bill records from QuickBooks, which contained evidence of the transfers. Other entries were reportedly altered to conceal the transactions.

    Bitquery is seeking at least $5 million in damages, additional compensation, and access to its banking credentials, which Karakitsos has not returned. The company has since appointed co-founder Aleksey Studnev as its new CEO.

    The allegations reportedly date back to around 2022, after investors put approximately $8 million into Bitquery. Karakitsos allegedly told investors the company held between $5 million and $6 million in bank accounts, but Bitquery claims its actual revenue was near $2 million during 2024 and 2025, with operating costs close to that figure.

    Karakitsos has denied the allegations and plans to defend himself in court. “I strongly disagree with the allegations and intend to respond through the legal process,” he said. The case remains a civil lawsuit, and no criminal charges have been filed.

    The dispute highlights concerns about financial controls in startups where a single executive has broad access to company funds and records.

  • BlockDAG Leads 2026 Crypto Race: Why It Outpaces Solana, Hyperliquid, and XRP in Ecosystem Growth

    BlockDAG Leads 2026 Crypto Race: Why It Outpaces Solana, Hyperliquid, and XRP in Ecosystem Growth

    Introduction

    Determining which cryptocurrency to buy now requires a close look at operational milestones, transaction speeds, and user adoption across emerging and established networks. While Solana provides scalable infrastructure for decentralized finance (DeFi) applications, Hyperliquid specializes in decentralized perpetual futures trading, and XRP focuses on cross-border liquidity for enterprise financial corridors. However, BlockDAG has recently gained significant momentum with a complete infrastructure upgrade, achieving over 7,000 transactions per second (TPS), live claiming and staking protocols, and more than $4.7 million in monthly casino gaming revenue. This analysis compares these four platforms to highlight how technical metrics shape modern digital asset opportunities.

    1. BlockDAG: Staking Unlocked Drives Explosive Ecosystem Growth

    BlockDAG (BDAG) is dominating the conversation about which crypto to buy now, as full-scale X30 miner production officially goes live following the successful completion of the X30 beta program. To mark this milestone, an exclusive allocation offers BDAG at $0.000000017, a live swap valuation set 22% below reference rates, with a projected 135X ROI and a sell-back price of $0.025. Participating accounts also receive a $1,000 exchange credit applicable toward the upcoming BlockDAG Exchange launch.

    Network performance has exploded after a comprehensive infrastructure overhaul. With upgraded RPC architecture, AWS-based deployment, enhanced explorer indexing, and tighter network synchronization, the chain now operates at an incredible 7,000+ TPS with lightning-fast two-second consensus times.

    Simultaneously, the live BlockDAG Casino ecosystem is generating massive organic volume. Featuring over 100 active titles, the platform generated $4.7 million in gross gaming revenue within its first 30 days while processing over $150 million in total wagers across 23,000 deposits. With 13,000 new registered accounts joining in a single month, continuous internal circulation ensures steady, real-time payouts across the ecosystem.

    This high-octane mix of sheer engine throughput, live mining infrastructure, and massive gaming revenue positions BlockDAG far ahead of typical layer-1 projects. With the first delivery wave scheduled within 45 days and X100 production set to follow, this special pricing window remains strictly limited before secondary market exchange debuts take off. Securing miner allocation now locks in priority access to network rewards before exchange trading expands globally.

    2. Solana: High-Speed Layer One Powers Scalable DeFi

    Solana remains a high-throughput blockchain network for deploying smart contracts and DeFi protocols. The asset recently traded between $72 and $78, with billions in market cap and consistent on-chain decentralized exchange volume. Analysts looking at what crypto to buy now note Solana’s use of a proof-of-history consensus mechanism combined with proof-of-stake for sub-second block times. The network hosts automated market makers, liquidity pools, NFT marketplaces, and enjoys broad institutional integration. While market volatility affects short-term valuation, technical indicators show stable transaction throughput across validator nodes, reflecting sustained application usage across decentralized financial markets.

    3. Hyperliquid: On-Chain Perpetual Engine Secures Trader Volume

    For investors seeking niche derivative platforms, Hyperliquid is a dedicated layer-1 infrastructure built for perpetual futures trading. The native token trades within its usual price zone of $52–$58 and maintains consistent daily volume on its native order book. Hyperliquid uses an on-chain matching engine to execute trades, designed to reduce latency—unlike other decentralized exchanges that rely on automated market maker-style order books. The protocol sources liquidity from vault systems and native perpetual contracts to cater to active derivatives traders. The platform has become a leading specialized venue for decentralized derivatives market infrastructure, with consistent fee generation and open interest evident in network data.

    4. XRP: Global Settlement Infrastructure Anchors Enterprise Payment Liquidity

    XRP serves as a liquidity bridge currency on the XRP Ledger, used for cross-border payment settlements between global financial institutions. The digital asset trades between $1.02 and $1.09 and performs transactions at minimal operational costs within three to five seconds. The network does not require traditional mining but instead relies on a consensus protocol between trusted validator nodes to ensure ledger integrity. Institutional adoption efforts focus on working with banking software corridors for real-time gross settlement systems. For international corporate remittance exposure, market participants often look at network metrics alongside macroeconomic trends and legal developments when deciding what crypto to buy now.

    Conclusion

    Determining which crypto to buy now involves contrasting established network utility against rapidly accelerating ecosystem growth. Solana maintains its major market footprint through high-capacity DeFi throughput, Hyperliquid controls a specialized niche in decentralized perpetual futures trading, and XRP provides cross-border settlement infrastructure for global enterprise institutions. However, BlockDAG presents a unique growth path, combining an upgraded 7,000+ TPS engine, active claiming and staking yields, $4.7 million in monthly casino revenue, and a $1,000 exchange credit bonus. With the limited $0.000000017 valuation window closing fast and Batch 7 unlocking soon, BlockDAG’s rapid operational momentum creates an urgent opportunity before full exchange listing launches shift market dynamics permanently.

  • Ethereum Price Drops to $1,866 as Liquidations Mount and Key Support Level Nears

    Ethereum Price Drops to $1,866 as Liquidations Mount and Key Support Level Nears

    Ethereum traded near $1,866 during the latest session, falling 1.14% over 24 hours. The decline came as the wider crypto market lost about 1.15%. Bitcoin also fell, showing that traders reduced exposure across major digital assets. Ethereum-specific selling and leveraged liquidations added pressure during the same period.

    Why Ethereum Is Down Today

    The main pressure came from a broader risk-off move after two major central bank decisions. The Federal Reserve held rates at 3.50% to 3.75% on July 29. However, three policymakers supported a quarter-point increase. This split kept rate expectations uncertain and pushed traders toward defensive positions across risk assets.

    The Bank of Japan also held its policy rate at 1% on July 31. Its communication left room for further increases as inflation pressures continued.

    Meanwhile, Middle East tensions kept energy and inflation risks in focus. Bond yields rose during July as markets reduced expectations for easier monetary policy. Ethereum moved alongside Bitcoin during the decline. This price link points to macro conditions as the main driver, rather than one Ethereum network event.

    ETH Sale and USDT Enforcement Enter Focus

    Quantum Solutions disclosed that its subsidiary sold 1,000 ETH on July 30. The company received $1.903 million after transaction costs. The sale price stood at $1,903 per ETH. Quantum Solutions said it needed funds for its artificial intelligence infrastructure and data centre plans.

    The company held 4,764.80 ETH after the transaction. It also raised its permitted sale limit from 1,875 ETH to 4,375 ETH. That change leaves room for another 2,471 ETH in sales through October 30. However, the filing did not connect the transaction directly to Ethereum’s wider decline.

    Separately, US authorities continued civil forfeiture actions involving stablecoins linked to alleged investment scams. The Justice Department recently announced cryptocurrency seizures exceeding $25 million across five investigations.

    Court records also show that one related complaint sought the forfeiture of about 10.4 million USDT. Authorities linked the wider cases to alleged international fraud and money-laundering networks.

    Reported derivatives data showed $120.41 million in ETH liquidations. Long positions accounted for most of the closed trades. Forced closures can deepen short declines as exchanges sell positions after margin levels fail. They can also reduce open interest after an overcrowded trade.

    Ethereum Price Levels Traders Are Watching

    Ethereum now sits near a key technical area. The 50-day exponential moving average stands near $1,845 and offers the nearest support. A daily close above that level could keep ETH inside its recent range. Buyers would then face resistance around $1,879 and $1,920.

    A close below $1,845 would expose the $1,800 to $1,820 zone. Another support level sits near $1,839 within the short-term trading range. Momentum readings also show weak conditions. The relative strength index stood near 37.85, while ETH traded below its 50-day and 200-day averages.

    Spot Ethereum ETF inflows offer a counterweight to direct market sales. Continued inflows would show that regulated investment products still attract demand.

    Viktoras Karapetjanc said, “If spot inflows persist and ETH reclaims $1,879, buyers could quickly regain control in the coming sessions.” The next scheduled US employment report arrives on August 7. Its wage, hiring and unemployment figures could change expectations for Federal Reserve policy.

  • Crypto Wallets Evolve: BloFin Wallet Adds Perpetual Futures, Yield Products, and Visa Payments

    Crypto Wallets Evolve: BloFin Wallet Adds Perpetual Futures, Yield Products, and Visa Payments

    Crypto wallets are moving beyond simple storage. BloFin Wallet now combines perpetual futures, yield products, and a Visa payment card, reflecting growing demand for platforms that unite self-custody, trading, earnings, and daily spending in one interface.

    BloFin Extends Wallet Services Beyond Storage

    Users can trade perpetual contracts linked to more than 100 digital and traditional financial assets through BloFin Wallet, eliminating the need for a separate derivatives exchange. The wallet maintains user control through self-custody, while its yield products allow asset storage and earnings within the same environment.

    BloFin’s Visa card connects supported digital assets with everyday retail payments. It works wherever Visa is accepted and supports both Apple Pay and Google Pay.

    Together, these services cover four common activities: storing, trading, earning, and spending. This structure reduces the number of applications required to manage a digital asset portfolio.

    Crypto Platforms Target a Unified User Experience

    Historically, crypto users relied on separate services for storage, trading, lending, and payments, often moving assets repeatedly between wallets, exchanges, and DeFi protocols. Each transfer added network fees, settlement time, and security considerations. It also created more steps for users moving from market activity to savings or spending.

    Now, exchanges and wallet providers combine spot trading, derivatives, staking, lending, payment services, and DeFi access. Some platforms include tokenized financial products. The sector’s current direction centers on reducing fragmentation through integrated services, responding to demand for smoother financial tools rather than isolated applications.

    Payments and Capital Efficiency Shape Competition

    Unified platforms can improve capital efficiency because users keep assets within one environment. They can trade, seek yield, or make purchases without repeated blockchain transfers. This approach reduces operational friction, as funds remain available for different uses without moving through several networks and service providers.

    Payment cards extend crypto services beyond market activity and long-term holding. Visa and Mastercard partnerships connect digital asset balances with established payment networks and retail systems. Stablecoins may support this connection by reducing price volatility during payments, and their blockchain settlement features fit platforms combining digital assets with daily transactions.

    Meanwhile, wallet providers continue expanding into derivatives, DeFi, and tokenized assets. Competition now centers on which platforms can offer the smoothest digital asset lifecycle through one interface.

    Conclusion

    Crypto wallet providers are combining self-custody, perpetual futures, yield products, and payment cards to reduce transfers between services. BloFin Wallet reflects this shift through integrated trading and Visa spending. Users now face a market where platforms compete across the full digital asset lifecycle.

  • HYPE Token Tests $51 Support as Hyperliquid Rolls Out HIP-4 on Testnet

    HYPE Token Tests $51 Support as Hyperliquid Rolls Out HIP-4 on Testnet

    HYPE slipped below $52.5 on August 1, remaining inside a descending channel despite Hyperliquid’s permissionless HIP-4 testnet rollout. The open daily candle has not confirmed a breakdown, and attention now centers on $51, where Fibonacci support meets the channel floor.

    HYPE Price Structure Keeps $51 in Focus

    HYPE briefly moved below $52.5 on July 31, then recovered before the daily close. Sellers returned during the next session and pushed the token under that level again. The decline has followed a descending channel since early July. A daily recovery above $52.5 would reverse the latest break, but it would leave the wider bearish structure intact.

    The next support sits near $51, where the 0.5 Fibonacci retracement meets the channel’s lower boundary. Can buyers defend $51 before the channel breaks? A daily close below $51 would carry greater weight than the intraday move under $52.5. That close would break both the Fibonacci level and the channel floor.

    The chart shows limited support below that point until approximately $47. HYPE traded near $47 from May 17 through May 20 before starting its advance toward the record high. This earlier consolidation could attract buyers again, although the level represents a zone rather than a fixed floor. A fall toward $47 would also erase more than 40 days of gains.

    HIP-4 Testnet Access Expands Market Development

    Hyperliquid announced the first permissionless HIP-4 deployments on testnet on July 31. The change lets developers test their own outcome markets through the platform. HIP-4 supports fully collateralized contracts that settle within fixed ranges. Developers can use the standard for prediction markets, event contracts, and products that resemble options.

    Unlike perpetual futures, these contracts avoid open-ended exposure. Hyperliquid still plans to add configurable fees and more testnet market templates as development continues. The rollout expands the platform’s available tools, but current activity remains small. Blockworks data places HIP-4 open interest near $182,000 and notional volume near $881,000.

    Sports contracts account for most open positions. Open interest has fallen since the 2026 FIFA World Cup ended earlier in July, reducing activity across early event markets. Permissionless access could support markets tied to economic data, elections, and other measurable events. Platform rules and applicable regulations would still govern those products.

    Resistance and Oracle Risks Shape the Outlook

    A rebound above $52.5 would face stronger resistance between $56 and $57. The zone includes the channel ceiling, the 0.382 Fibonacci level, and the 100-day simple moving average. An intraday move into that area would not change the trend. HYPE would need a daily close above the cluster and continued strength to weaken the descending channel.

    Price remained inside that channel after Hyperliquid announced the HIP-4 milestone. The reaction showed no immediate increase in HYPE demand from the testnet update. Operational risks also remain relevant as Hyperliquid opens deployments to more developers. A separate HIP-3 market recently showed how external pricing can affect leveraged contracts.

    Crypto.news reported that the xyz:SKHX contract briefly fell about 17.9% after a low South Korean pre-market trade affected its oracle price. Trade.xyz deployed and operated that market, which tracks SK Hynix shares and offers leverage up to 10 times. The company continues investigating and plans an update after its review.

    Conclusion

    HYPE remains inside its descending channel after losing $52.5 during the August 1 session. The $51 area now combines Fibonacci support with the channel floor, while HIP-4 testnet access expands development. Daily closes around $51 and $56 to $57 will define the next structural move.

  • Ethereum Targets $2,000 After Best Monthly Rally in Over a Year

    Ethereum Targets $2,000 After Best Monthly Rally in Over a Year

    Ethereum closed July with a 20.3% gain, marking its strongest monthly performance in a year, as inflows into spot ETFs helped push the cryptocurrency toward the key $2,000 resistance level. The rebound erased much of June’s 21.8% decline, though technical analysis suggests the broader downtrend remains intact.

    July Rebound Restores Lost Ground

    July’s advance outpaced Ethereum’s historical average return of 10.7% for the month. The move followed a difficult first half of 2026, during which ETH fell from about $2,445 in January to $1,472 in April amid recession concerns and shifts in liquid supply.

    Buyers defended the April low, keeping ETH mainly between $1,500 and $2,000 during May and June. July’s rally then carried the asset toward $1,900. Spot Ethereum ETFs recorded net inflows on most trading days in July, with daily net inflows reaching $13.29 million by month-end. Total assets held by Ethereum spot ETFs stood at approximately $10.52 billion.

    While several sessions produced large outflows, buyers consistently returned after those declines, helping ETH preserve much of its monthly recovery.

    Resistance Keeps Broader Downtrend Active

    Ethereum traded near $1,885 when analyst Crypto Patel published a two-day chart showing the price near a support and resistance zone between $1,750 and $1,850. A descending trendline from the August 2025 record high of $4,953.73 still caps major recovery attempts, with ETH having fallen about 62% from that peak.

    The key question is whether ETH can secure a daily close above $2,000 before sellers regain control. Such a close could open a move toward $2,180 and the $2,400 to $2,500 supply zone, which also contains a fair value gap from a rapid earlier move. Ethereum tested that area during its April recovery but failed to hold above it, leading to a rejection that pushed prices back toward $1,500 in June.

    According to Crypto Patel’s chart, larger upside targets between $7,000 and $10,000 would only become viable after a confirmed breakout. A renewed failure near resistance could instead send ETH back toward $1,500 or $1,000. Holding the $1,750 to $1,850 region remains critical for the current recovery.

    Conclusion

    Ethereum’s 20.3% July gain restored much of June’s decline as spot ETF inflows supported demand. ETH now faces resistance between $1,900 and $2,000. A daily close above $2,000 could expose $2,180 and $2,500, while rejection could return price toward $1,500.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Always conduct your own research before making investment decisions.

  • Bitcoin Under Pressure: Geopolitical Tensions and ETF Outflows Weigh on August Outlook

    Bitcoin Under Pressure: Geopolitical Tensions and ETF Outflows Weigh on August Outlook

    Bitcoin entered August under renewed selling pressure, falling to a two-week low of $62,400 after repeated failures near the $65,000 resistance level. The decline was driven by escalating geopolitical tensions in the Middle East, significant ETF withdrawals, and a bearish technical signal. However, strength in global equity markets offered a potential counterbalance, leaving traders divided on the cryptocurrency’s next move.

    Geopolitical Risks Intensify

    Iran reportedly attacked two oil tankers attempting to cross the Strait of Hormuz under U.S. military escort, while turning back four other vessels. The attacks raised concerns about energy supply disruptions and the potential for a broader military confrontation. Iran also launched drones toward U.S.-linked military facilities in Kuwait and Bahrain, though Kuwait reported intercepting them without casualties.

    President Donald Trump met with Cabinet members at Camp David to review options, though no formal military operation was announced. Reports from The Wall Street Journal indicated preparations for a potential strike, while CBS News suggested the U.S. could target Iranian energy assets during a weekend escalation. Meanwhile, the U.S. Senate voted 49–50 against a measure to restrict Trump’s authority, leaving the administration’s short-term military options largely intact.

    ETF Outflows and FOMC Fallout

    The Federal Reserve left interest rates unchanged on Wednesday, prompting Bitcoin to drop roughly $3,000 over several days. Analysts noted a recurring pattern of post-FOMC weakness. Rising oil prices renewed inflation concerns, adding pressure across risk markets. A stronger dollar and higher Treasury yields further dampened demand for non-yielding assets like Bitcoin.

    Spot Bitcoin ETFs reversed a three-week inflow streak, recording $61.53 million in weekly net outflows after attracting over $200 million in the prior period. Friday alone saw more than $265 million in withdrawals, erasing Thursday’s $233 million net inflow. A reported U.S.-Israeli proposal for a land blockade of Iran remains under discussion, adding to uncertainty.

    Technical Warning vs. Equity Rebound

    Analyst Ali Martinez noted that the TD Sequential indicator flashed a major sell signal on Bitcoin’s three-day chart, a pattern traders use to identify potential price reversals. Martinez linked the signal to the start of August, a month that has historically seen Bitcoin pullbacks, though the pattern does not guarantee future price action.

    In contrast, analyst Michaël van de Poppe highlighted Bitcoin’s historical correlation with the NASDAQ and South Korea’s KOSPI, both of which surged late in the week. The KOSPI rose about 18%, while U.S. technology shares strengthened. Van de Poppe recalled that Bitcoin rallied toward $83,000 after a similar market move, suggesting equities could offset the current headwinds.

    Conclusion

    Bitcoin begins August below $65,000, facing downside pressure from geopolitical escalation, post-FOMC weakness, ETF outflows, and a TD Sequential sell signal. Yet sharp gains in the NASDAQ and KOSPI support a potential rebound case. Market attention now turns to energy prices, fund flows, and military developments as conflicting signals define the month ahead.

  • Bitcoin Under Siege: Geopolitical Tensions and ETF Withdrawals Weigh on August Outlook

    Bitcoin Under Siege: Geopolitical Tensions and ETF Withdrawals Weigh on August Outlook

    Bitcoin entered August under renewed selling pressure, slipping to a two-week low of $62,400 after repeated failures near $65,000. The decline followed fresh geopolitical escalation in the Middle East, significant ETF outflows, and a bearish technical signal from the TD Sequential indicator. However, a sharp rally in global stock markets provided a counterbalance, offering the cryptocurrency a potential path to recovery.

    Geopolitical Risks Intensify

    Iran claimed it attacked two oil tankers attempting to cross the Strait of Hormuz under US military escort, while turning back four other vessels. The attacks raised concerns about energy supply disruptions through the critical waterway. The US escort also heightened the risk of a direct military confrontation and broader market instability.

    Additionally, Iran launched drones toward US-linked military facilities in Kuwait and Bahrain. Kuwait intercepted the drones, reporting no casualties. President Donald Trump convened cabinet members at Camp David to review options, but no formal military operation was announced. Reports from The Wall Street Journal and CBS News indicated that the US could target Iranian energy assets in a potential weekend escalation.

    The US Senate voted 49–50 against advancing a measure that would restrict Trump’s authority to continue hostilities, leaving the administration’s military options largely unchanged.

    ETF Outflows and Post-FOMC Pressure

    The Federal Reserve left interest rates unchanged on Wednesday, and Bitcoin dropped roughly $3,000 over the following days, extending a pattern analysts have tied to recent FOMC meetings. Rising oil prices revived inflation concerns, adding pressure across risk markets.

    A stronger dollar and higher Treasury yields further weighed on Bitcoin, as both trends can reduce demand for non-yielding assets during economic uncertainty. Spot Bitcoin ETFs reversed a three-week inflow streak, recording $61.53 million in net outflows for the week. Friday saw particularly heavy withdrawals of more than $265 million, erasing the impact of Thursday’s $233 million net inflow.

    A reported US-Israeli proposal for a land blockade of Iran is also under discussion, aiming to restrict Iranian imports and exports with help from neighboring countries.

    Technical Warning Amid Equity Rebound

    Analyst Ali Martinez noted that the TD Sequential indicator flashed a major sell signal on Bitcoin’s three-day chart, a tool traders use to identify possible price direction changes. Martinez linked the signal to the start of August, a month that has historically brought Bitcoin pullbacks, though the pattern does not guarantee future moves.

    Michaël van de Poppe offered a contrasting view, pointing to Bitcoin’s historical correlation with the NASDAQ and South Korea’s KOSPI. Both indexes surged late in the week—the KOSPI rose about 18%, and US technology shares strengthened. Van de Poppe noted that Bitcoin rallied toward $83,000 after a similar market move in the past.

    The question now is whether stronger global equities can offset war risks, Bitcoin ETF outflows, and the latest technical warning. Bitcoin’s near-term direction hinges on conflicting signals entering August.

    Conclusion

    Bitcoin begins August below $65,000, facing headwinds from geopolitical escalation, post-FOMC weakness, ETF withdrawals, and a TD Sequential sell signal. At the same time, sharp gains in the NASDAQ and KOSPI support a rebound case. Market attention now turns to energy prices, fund flows, and military developments.

  • BlockDAG Surges as Ethereum and Shiba Inu Stumble: Top Crypto Pick for July 2026

    BlockDAG Surges as Ethereum and Shiba Inu Stumble: Top Crypto Pick for July 2026

    The crypto market is sending mixed signals right now, leaving traders uncertain about which direction to take. Ethereum price remains stuck below a heavy resistance zone, struggling to hold ground even after a solid bounce from June lows. Meanwhile, Shiba Inu price continues to slide as exchange reserves shrink and momentum fades. Both major coins are giving buyers reason to pause before committing fresh capital.

    That’s exactly why many are searching for the best crypto to buy today — something with real momentum instead of stalled charts. BlockDAG (BDAG) is stepping into that gap, with claiming and staking now live, a 7,000 TPS mainnet already running, and a limited-time entry price that has the community moving fast.

    Ethereum Price Faces a Tough Wall Near $2,000

    Ethereum is trading close to $1,880 after bouncing back from June lows around $1,796. It touched a recent high near $1,955 before sellers pushed it down again. The main problem now is the heavy supply zone between $1,980 and $2,080. Many holders bought ETH in this range, so they may sell at breakeven, adding extra pressure on any recovery attempt.

    If buyers can push through and close daily above $2,080, the next targets sit near $2,406 (a CME gap) and $2,773. But if Ethereum price gets rejected again, support at $1,733 comes into play, with $1,510–$1,600 as the deeper safety net. For anyone hunting the best crypto to buy today, ETH still needs a clear breakout before it can prove itself.

    Shiba Inu Price Slips as Exchange Reserves Near $400M

    Shiba Inu is trading around $0.0000048, sitting close to its 20-day and 50-day EMAs. The bigger story is that SHIB’s exchange reserves in dollar value are about to fall below the $400 million mark. Reserves are already near $414 million, and another small drop could break that level.

    This isn’t because whales are pulling coins off exchanges. It’s mostly because each SHIB token is worth less than before. The 100-day EMA at $0.0000050 is the first resistance, while the 200-day EMA near $0.0000060 is the bigger wall. The recent bounce in Shiba Inu price looks more like short-term relief than a real trend change, making it a wait-and-watch pick for buyers scanning for the best crypto to buy today.

    BlockDAG (BDAG): Claiming, Staking, and 7,000 TPS Are All Live

    BlockDAG is quickly turning into the best crypto to buy today, and the timing could not be sharper. Claiming and staking are now live. The wait is finally over, and the next phase of BlockDAG starts today. Holders can claim their BDAG, stake their holdings, and start earning rewards right away. Claims are already open for Batches 1 to 6, while Batch 7 (covering purchases made up to 19 July) goes live tomorrow morning. Everything is moving forward at once, and the community can feel it.

    To mark this launch, the team has unlocked a limited-time community offer that has buyers scrambling. BDAG is available at just $0.00000015, an entry point that feels almost unreal at this stage of the project. The Live Swap is running at 30% below the CoinMarketCap price, giving fresh buyers a chance to grab BDAG at a level well under open-market rates.

    On top of that, BlockDAG X pre-registration is now live. Anyone who registers early locks in a $1,000 credit at launch, ready to use the moment the exchange goes live. It is the kind of stacked opportunity that rarely lines up like this.

    BlockDAG’s 7,000 TPS mainnet is now live, giving it the raw speed that most Layer 1 chains can only talk about. The community is not just watching; almost 10 billion coins have already been staked, showing serious long-term conviction in where this network is going.

    The clock is ticking on this offer, and buyers are rushing in before the window shuts. Between the entry price and a mainnet already firing at 7,000 TPS, it is easy to see why BDAG stands out as the best crypto to buy today.

    Final Word

    The current market is testing patience on both sides. Ethereum price is stuck below tough resistance, and Shiba Inu price keeps sliding as momentum fades, leaving short-term buyers unsure and long-term holders waiting. Meanwhile, BlockDAG is moving in the opposite direction. Claiming and staking are live at just $0.00000015, and the community is stacking positions fast with more than 9.8 billion coins staked.

    On top of that, its 7,000 TPS mainnet is fully running, putting BDAG ahead of most Layer 1 chains in raw speed. The buzz is real, the window is tight, and buyers are rushing in, making BDAG the best crypto to buy today.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency investments are risky and may result in loss of capital. Always do your own research before investing.

  • Solana Holds Near $73 as Market Cap Drops to $42.6B; ETF Inflows Return

    Solana Holds Near $73 as Market Cap Drops to $42.6B; ETF Inflows Return

    Solana (SOL) is trading at $73.38 as of Friday, down 0.93% over the past 24 hours, as the token tests the trendline support of a symmetrical triangle pattern on the daily chart. The broader cryptocurrency market remains cautious, with SOL’s market capitalization falling to $42.61 billion and daily trading volume declining 8.64% to $1.63 billion.

    ETF Flows Show Mixed Sentiment

    According to SoSoValue, U.S. spot Solana ETFs recorded net inflows of $403,890 on Thursday, marking the second consecutive session of positive flows. However, earlier in the week, Tuesday saw $18.07 million in net outflows, which were offset by Wednesday’s $19.06 million in inflows. This mixed pattern suggests institutional interest remains steady but cautious amid broader market volatility.

    Derivatives Data Points to Rising Buyer Demand

    Data from CoinGlass shows that Solana’s funding rate has increased to 0.0052%, up from 0.0041% the previous day, indicating growing demand among buyers for long positions. However, trading volume in derivatives has dropped nearly 25% over the past 24 hours to $5.20 billion, while open interest has eased by roughly 1% to $4.36 billion. This suggests a decline in overall activity even as the notional value of active contracts remains stable.

    DeFi Activity Cools Across Major Protocols

    On-chain data from DefiLlama reveals a cooling in Solana’s DeFi ecosystem. PumpSwap saw fees drop 28.1% over the past day and 31.54% over 30 days. Raydium AMM posted a 17.81% daily fee decline and a more significant 35.24% drop over 30 days. Orca DEX was down 50.26% over the past 30 days. Reduced on-chain trading activity typically weakens demand for SOL as a gas and staking asset. However, some protocols bucked the trend: HumidiFi posted a 32.87% increase in fee growth over seven days, while BisonFi surged 145.05% week-over-week.

    Technical Analysis: Symmetrical Triangle Points to Potential Breakout

    Solana maintains a mixed near-term bias as the price moves toward the upper end of a symmetrical pattern on the daily chart. The token is supported by a rising trendline near $72.95, while the overhead trendline coincides with the 50-day Exponential Moving Average (EMA) at $76.07. The Relative Strength Index (RSI) at 43.69 suggests modest downside pressure, and the Moving Average Convergence Divergence (MACD) remains below its signal line, indicating that rallies may be vulnerable.

    On the upside, a sustained close above the overhead cluster near the 50-day EMA at around $76.09 could target $93.61. Immediate support lies near the rising trendline around $72.95. A daily close below this area would expose weakness toward $67.50.

    Frequently Asked Questions

    Why is Solana trading within a symmetrical triangle pattern?

    A symmetrical triangle reflects a period of consolidation where buyers and sellers are evenly matched. A breakout above the upper trendline or a breakdown below support could determine Solana’s next major price direction.

    What do the latest Solana ETF flows indicate?

    According to SoSoValue, U.S. spot Solana ETFs recorded $403,890 in net inflows on Thursday after mixed flows earlier in the week. This suggests institutional interest remains steady despite broader market volatility.

    What does the funding rate reveal about trader sentiment?

    According to CoinGlass, Solana’s funding rate increased to 0.0052% from 0.0041%, indicating that traders are increasingly willing to pay a premium to maintain long positions, reflecting improving bullish sentiment.

    How is Solana’s DeFi ecosystem performing?

    DeFi activity has cooled, with protocols such as PumpSwap, Raydium, and Orca reporting lower fee generation over recent weeks. However, projects like HumidiFi and BisonFi have bucked the trend with strong weekly fee growth.

    What are the key support and resistance levels for Solana?

    Immediate support lies near the rising trendline around $72.95. On the upside, the first major resistance is the 50-day EMA near $76.09. A breakout above this level could target $93.61, while a break below support may expose $67.50.