Tag: cryptocurrency

  • Solana (SOL) Price Outlook Brightens as SBI Launches Dedicated Blockchain Venture in Japan

    Solana (SOL) Price Outlook Brightens as SBI Launches Dedicated Blockchain Venture in Japan

    Solana has captured renewed market attention after two prominent analysts projected higher price targets, while Japan’s SBI Group unveiled a new Solana-focused venture. The developments come amid improved on-chain activity and a contrasting slowdown in exchange-traded fund (ETF) flows.

    Analysts Raise Price Targets for Solana

    Crypto trader Ansem predicted that Solana could move toward $150 over the coming months, saying that many on-chain altcoins appear ready for a breakout after extended consolidation. He expects Solana to first reclaim the top of its trading range near $84 before advancing to the $150 target, which would represent an increase of roughly 98% from the current price of about $75.8.

    Analyst Michaël van de Poppe offered a more cautious outlook, identifying $100 as a possible near-term target if key support at $76.6 remains intact. He said that holding that level is crucial for confirming continued upward momentum, and if support holds, Solana could trade above $100 within one to two months.

    On-Chain Data Strengthens Amid Softer ETF Demand

    Despite the technical optimism, on-chain activity has continued to improve. BeInCrypto reported that Solana’s total value locked (TVL) climbed to its highest level since early June, suggesting fresh capital has entered the network. Deposits across Solana-based applications increased, long-term holders accumulated tokens, and active wallet addresses approached yearly highs.

    Meanwhile, both open interest and funding rates declined, indicating that spot demand—rather than leveraged trading—drove recent activity. However, institutional demand painted a different picture. According to SoSoValue data, Solana spot exchange-traded funds recorded their first monthly net outflow in June 2026, totaling about $790,000. July brought some recovery with month-to-date inflows of roughly $3.65 million, but those figures remained far below the $199.21 million recorded during the October launch and the $419.38 million peak in November.

    Broader market risks also continued to weigh on sentiment. Renewed US-Iran tensions and the possibility of higher interest rates created additional uncertainty for cryptocurrency markets.

    SBI Launches Solana-Focused Venture to Boost Japan’s On-Chain Finance

    Separately, SBI announced a partnership that will place the Solana Foundation alongside SBI and Sumitomo Mitsui Financial Group within SBI R3 Japan. The company plans to rename the business SBI Solana Global after completing required corporate procedures.

    The new venture intends to use Solana as its primary blockchain infrastructure, aiming to connect Japan’s regulated financial system, domestic assets, and legal framework with international blockchain markets. SBI said the platform will support the issuance and distribution of yen stablecoins, including JPYSC, alongside tokenized corporate bonds, commercial paper, investment funds, and real estate products. The company also plans to provide integrated issuance, distribution, and settlement services throughout the on-chain lifecycle of assets.

    Future business areas listed by the partners include cross-border payments, institutional blockchain services, and payment systems for AI agents. However, no launch dates, revenue forecasts, client commitments, or details about regulatory approvals for individual services were provided. This project expands SBI’s broader digital asset strategy, which has previously included a regulated yen stablecoin developed with Startale and the launch of Ripple’s RLUSD stablecoin in Japan through SBI VC Trade.

    What’s Next for Solana?

    Solana has attracted renewed attention as analysts project higher price targets while on-chain activity strengthens despite softer ETF demand. Simultaneously, SBI’s expanded commitment to the Solana ecosystem adds another institutional development for the network. Market participants will continue monitoring both adoption trends and broader economic conditions.

  • Bitcoin Slides Below $63,000 as US-Iran Tensions Spark Crypto Sell-Off

    Bitcoin Slides Below $63,000 as US-Iran Tensions Spark Crypto Sell-Off

    Bitcoin tumbled 2.42% over 24 hours to $62,461.35 as renewed US-Iran military strikes prompted a broad risk-off move across financial markets. The decline was accompanied by a drop in stablecoin supply, which has fallen by about $10 billion since May, signaling weaker crypto liquidity.

    The broader crypto market lost 1.12%, trimming total capitalization to roughly $2.15 trillion. The Fear and Greed Index plunged to 28, while Bitcoin dominance held near 60%. Traders now face heightened geopolitical risk, lower liquidity, and the upcoming US Consumer Price Index (CPI) report due July 14.

    Geopolitical Tensions Pressure Bitcoin Price

    Renewed US airstrikes on Iran intensified fears over Middle East supply routes, particularly the Strait of Hormuz. Brent crude surged more than 3%, adding fresh inflation concerns. Bitcoin moved lower alongside other risk assets as traders reduced exposure before the CPI data.

    The drop pushed Bitcoin below the key support level of $62,565, raising the risk of a move toward $60,000 — a major psychological price zone. A recovery above $64,300 would ease short-term pressure, but geopolitical developments may keep price swings elevated.

    Liquidations Accelerate the Crypto Sell-Off

    Leveraged positions amplified the decline. Bitcoin liquidations reached $70.23 million over 24 hours, up 248% from the previous period. Long positions accounted for 85% of forced selling, indicating that traders bet on higher prices.

    Across the crypto market, total liquidations hit $254.4 million, affecting 68,505 traders. Long liquidations totaled $194.9 million, while short liquidations reached $59.5 million. Ethereum traded near $1,789, while BNB and XRP also posted losses. Solana held near $76.80, bucking the broader trend. The Altcoin Season indicator stood at 59 out of 100, suggesting altcoins have not yet overtaken Bitcoin.

    The average crypto RSI hovered near 45, pointing to weak momentum without an oversold reading. These figures indicate a cautious market rather than a full capitulation event.

    Stablecoin Outflows Raise Liquidity Concerns

    Stablecoin market value has dropped by roughly $10 billion from its May peak despite high transaction volume. June alone recorded a $7.7 billion decline — the largest monthly contraction since the Terra-Luna collapse in May 2022. USDT lost about $6 billion, while USDC declined by approximately $7 billion over the period.

    Stablecoins provide trading liquidity and often indicate whether capital remains in crypto. The latest decline suggests a portion of the market moved back into fiat rather than waiting in digital dollars. Analysts have called the move a ‘temporary correction,’ but two consecutive months of falling supply point to weaker available capital.

    Bitcoin fell 3.6% in May and 20.45% in June as stablecoin liquidity contracted. Stablecoin dominance now sits near 6.5%, while Bitcoin dominance holds close to 60%. A further drop in stablecoin use could delay any ‘market bottom’ and keep pressure on higher-risk tokens.

    What Traders Are Watching Next

    The July 14 CPI report now stands as the next major trigger. Softer inflation could support rate-cut expectations and improve risk appetite. A stronger reading may lift yields and add pressure on Bitcoin. Traders will also watch whether Bitcoin can regain $63,000 or drop toward $60,000.

    Also Read: DeFi Outperforms Bitcoin: DeFi Tokens Drop Just 4% as BTC Plummets 22%

  • Bitcoin Dips to $62,702, Solana Slides Amid Iran Tensions and Senate Stalemate on Clarity Act

    Bitcoin Dips to $62,702, Solana Slides Amid Iran Tensions and Senate Stalemate on Clarity Act

    Bitcoin traded near $62,702 on July 13, down 1.99% in the past 24 hours, as renewed geopolitical tensions and a stalled U.S. crypto regulation bill weighed on market sentiment. Solana slipped 0.83% but held a weekly gain above 5%, while Ethereum stayed near $1,782, supported by steady ETF demand.

    The pullback follows a period of cautious trading after last week’s rally cooled. Key support for Bitcoin sits at $61,600, with resistance between $64,000 and $64,600. Analysts note that while institutional interest is showing early signs of recovery through spot Bitcoin ETF inflows, the broader market remains risk-off due to Middle East tensions and the Clarity Act’s uncertain path in the Senate.

    Bitcoin Price Today
    Bitcoin trades near $62,702.00, down 1.99% over the past 24 hours, according to CoinMarketCap data. Despite the dip, the asset retains a modest 0.72% weekly gain. Renewed U.S.-Iran friction and elevated oil prices continue to pressure risk assets, with traders eyeing the $61,600 support level.

    Expert Commentary
    Akshat Siddhant, Lead Quant Analyst at Mudrex, said: “Bitcoin remains resilient near key support even as geopolitical tensions stay elevated. Spot Bitcoin ETFs have posted renewed net inflows after a prolonged stretch of outflows. Investors are watching upcoming inflation data closely. A softer print could help Bitcoin retest resistance near $64,600, while renewed selling could expose support closer to $60,000.”

    The CoinSwitch Markets Desk added: “BTC has held its ground despite fresh geopolitical shocks tied to the collapsed Iran ceasefire. Spot Bitcoin ETF flows have turned positive after weeks of steady redemptions. This shift signals early-stage institutional recovery rather than a confirmed trend.”

    Riya Sehgal, Research Analyst at Delta Exchange, noted: “Global markets remain in a risk-off posture tied to renewed Middle East tensions and firmer bond yields. Bitcoin faces resistance near $63,800 to $64,000. Downside support sits closer to $62,000. Ethereum needs to hold its current structure to avoid a deeper correction.”

    Nischal Shetty, founder of WazirX, said: “Bitcoin is trading between key moving averages, and buyers still hold a modest near-term edge. A failure to reclaim recent highs could keep price action range-bound through the week. Ethereum has held firm near $1,780, supported by steady spot ETF demand.”

    Top 10 Coins at a Glance
    Biggest Decliners: HYPE (-2.82%), BTC (-1.99%), XRP (-1.94%). Most Resilient: USDC, USDT (near flat), TRX (-0.18%).

    Market Drivers
    Clarity Act Stalls: Galaxy Research cut passage odds to ~50%, with the bill stuck in Senate reconciliation. Failure before the August recess could push crypto regulation into election-year gridlock.

    Iran Tensions: Renewed hostilities after a ceasefire collapse keep risk sentiment subdued, with elevated oil prices and Strait of Hormuz concerns persisting.

    Tether Expansion: Tether invested $20 million into Mercado Bitcoin to expand Latin American payment infrastructure, signaling a shift toward regions with lighter compliance burdens.

    DOJ Operation Riptide: The Justice Department dismantled a major crypto laundering network linked to the Huione Group, seizing cloud servers tied to illicit transactions.

    Market Outlook
    Bitcoin holds near $62,700 as traders weigh geopolitical risk against steady ETF demand. A close above $64,000 could open a path to $65,500 resistance, while a slip below $61,600 risks exposing $60,000 support. Solana and XRP retain healthy weekly gains despite the pullback. The Fear and Greed Index near 31 reflects cautious sentiment. Key catalysts include the Clarity Act’s Senate progress, upcoming inflation data, and continued ETF flow trends.

  • Crypto Phishing Scams: How to Spot Fake Apps, Websites, and Address Poisoning

    Crypto Phishing Scams: How to Spot Fake Apps, Websites, and Address Poisoning

    Crypto phishing scams have become one of the biggest threats to digital asset users. With more investors using wallets, exchanges, DeFi platforms, and NFT marketplaces, scammers are increasingly deploying fake websites, wallet-draining links, and AI-generated messages to raid crypto wallets.

    According to the FBI’s latest internet crime data reported by The Wall Street Journal, cryptocurrency crime is now the most costly type of internet crime, totaling $7.2 billion. The report also noted a rise in AI-powered scams, with over 22,000 complaints and losses of nearly $893 million.

    What is a Crypto Phishing Attack?

    A crypto phishing scam is a fraud attempt designed to steal wallet credentials, seed phrases, exchange passwords, or transaction approvals. Unlike traditional bank fraud, scammers don’t always need your login information. In some cases, all they need is for you to sign a malicious wallet transaction.

    These scams often appear as fake airdrops, token claim pages, NFT mint links, customer support messages, or urgent wallet verification requests. Once a user connects their wallet and confirms the request, the attacker can drain the tokens.

    How to Identify Fake Crypto Websites

    Fake crypto sites typically copy the design of popular exchanges, wallets, or DeFi platforms. The domain may look similar but with slight differences: misspellings, extra hyphens, strange extensions, or fake login pages.

    Watch for warning phrases like:

    • “Verify Your Wallet Now”
    • “Claim Reward Before Expiry”
    • “Urgent Account Suspension”
    • “Connect Wallet to Unlock Funds”

    A legitimate exchange will never ask for your seed phrase. Always type the official URL directly or use a bookmark. Avoid clicking links from Telegram, Discord, X, WhatsApp groups, or sponsored search results without verification.

    How to Identify Fake Crypto Apps

    Research on cryptocurrency exchange scams uncovered over 1,500 fraudulent domains and more than 300 fake apps, some of which made it to major app marketplaces. Before downloading, verify the app’s history, reviews, and developer name. Check how long it has been available, the official website link, and the app’s reputation. Never download APKs from unknown sources.

    During setup, a fake app may request your recovery phrase under the guise of security verification or customer support. That’s a major red flag.

    Watch Out for Address Poisoning

    Address poisoning is a phishing attack where scammers send small transactions from lookalike wallet addresses. The goal is to trick users into copying the wrong address from their transaction history. A 2025 study found approximately 270 million on-chain address poisoning attempts targeting 17 million victims, resulting in at least $83.8 million in losses.

    Why This Matters

    The escalation of AI-driven phishing and address poisoning matters because scammers no longer need to hack blockchains. By weaponizing urgency and lookalike addresses, they trick users into authorizing irreversible transactions that drain wallets instantly — turning user error into crypto’s costliest threat.

    Final Thoughts

    • Never share your seed phrase.
    • Only download apps from official sources.
    • Store larger amounts on a hardware wallet.
    • Check URLs carefully.
    • Revoke suspicious wallet approvals.
    • Test large transfers with a small amount first.

    Remember the three elements of crypto scams: urgency, fear, and greed. If a message feels urgent, secret, or too good to be true, pause, verify, and proceed only if you’re certain.

    Frequently Asked Questions

    1. What is a crypto phishing scam?

    A crypto phishing scam is a fraud attempt designed to steal wallet credentials, seed phrases, exchange passwords, or transaction approvals. Scammers often use fake websites, airdrops, NFT mint links, or support messages to trick users.

    2. How can I identify a fake crypto website?

    Fake crypto websites often copy real platforms but use slightly changed domains, misspellings, extra hyphens, or unusual extensions. Any site asking for a seed phrase or urgent wallet verification should be treated as suspicious.

    3. Are fake crypto apps dangerous?

    Yes, fake crypto apps can steal recovery phrases, login details, or wallet permissions. Always check the developer name, app history, reviews, and official website before downloading any crypto wallet or exchange app.

    4. What is address poisoning in crypto?

    Address poisoning is a scam where attackers send small transactions from lookalike wallet addresses. The goal is to make users accidentally copy the wrong address from their transaction history and send funds to the scammer.

    5. How can crypto users stay safe from phishing scams?

    Users should never share seed phrases, avoid unknown links, use official app stores, bookmark trusted websites, and test large transfers with small amounts first. Hardware wallets can also improve security for larger holdings.

  • Bitcoin Drops to $62,745 as Bears Maintain Control Below $64,000

    Bitcoin Drops to $62,745 as Bears Maintain Control Below $64,000

    Bitcoin faced heavy selling pressure on July 13, 2026, with prices slipping to around $62,745 as bears tightened their grip below the key $64,000 resistance level. The cryptocurrency experienced a sharp decline after failing to sustain a move above $64,000, reflecting weak institutional demand, cautious market sentiment, and fresh macroeconomic headwinds.

    Technical Chart Shows Strong Bearish Trend

    A 15-minute BTC/USD chart revealed a clear bearish setup throughout the session. Bitcoin traded near $64,200–$64,300 before sellers entered aggressively, driving the price below the short-term moving average and the lower Bollinger Band. The decline was accompanied by a significant increase in trading volume, confirming seller conviction. The market found temporary support near $62,700, but the overall trend remained negative as buyers failed to push the price back above key resistance levels.

    Bollinger Bands Point to More Volatility

    The Bollinger Bands reinforced the bearish outlook. Bitcoin remained below the middle Bollinger Band (near $63,000–$63,100), which has become the first major resistance area. The upper band is moving lower, indicating weakening bullish momentum, while the lower band continues to expand, signaling increased volatility. Unless Bitcoin climbs back above the middle Bollinger Band, sellers are likely to retain control in the short term.

    RSI Shows Weak Buying Strength

    The Relative Strength Index (RSI) remains weak, staying near 35 after a brief dip into oversold territory. This reading is well below the neutral level of 50, indicating limited buying interest. The small uptick in RSI does not confirm a trend reversal; a sustained move above 50 would be needed to improve the technical outlook.

    Volume Confirms Seller Control

    Trading volume surged during the breakdown below $64,000, confirming strong selling pressure. Subsequent buying activity near $62,700 was noticeably weaker, suggesting buyers are only defending support rather than initiating a new uptrend. As long as selling volume outpaces buying volume, the market may continue to face downward pressure.

    Important Price Levels to Watch

    • First resistance: $63,000–$63,100 (short-term moving average and intraday highs)
    • Major resistance: $63,800–$64,000 (former support turned resistance)
    • Immediate support: $62,500
    • Next support: $62,000
    • Critical support: $60,000 (psychological level)

    Macro Factors Continue to Affect Bitcoin

    Geopolitical tensions in the Middle East have boosted demand for the US dollar and pushed energy prices higher, raising inflation concerns and the possibility of tighter monetary policy. This has reduced risk appetite among investors, affecting cryptocurrencies. Institutional sentiment remains mixed amid recent Bitcoin ETF outflows and a disclosure that Strategy sold approximately $216 million worth of Bitcoin, adding to concerns about selling pressure. On a positive note, Bitcoin’s mining difficulty dropped about 5%, which may reduce forced selling from miners if network conditions stabilize.

    Outlook

    Bitcoin remains well below its all-time high of over $120,000 set in 2025. The market continues to form lower highs and lower lows, confirming a bearish trend. A meaningful recovery would require a break above the $63,800–$64,000 resistance zone with strong volume. Until then, sellers are expected to remain in control. Key support levels to monitor are $62,000 and $60,000.

    FAQs

    1. Why did Bitcoin fall on July 13, 2026?

    Bitcoin dropped due to strong selling pressure, weak institutional sentiment, and growing geopolitical and macroeconomic concerns.

    2. What is the nearest resistance level for Bitcoin?

    The first resistance lies between $63,000 and $63,100, followed by a stronger resistance zone between $63,800 and $64,000.

    3. Which support levels are important now?

    Immediate support is near $62,500, while $62,000 and $60,000 remain major levels to watch.

    4. What does the RSI indicate?

    The RSI stays around 35, indicating weak buying momentum and continued bearish market conditions.

    5. What could improve Bitcoin’s outlook?

    A strong move above $63,800–$64,000, supported by higher buying volume, would improve the short-term technical outlook.

  • DeFi Tokens Surge Ahead of Bitcoin in June 2026 as Investors Embrace Fundamental Valuations

    DeFi Tokens Surge Ahead of Bitcoin in June 2026 as Investors Embrace Fundamental Valuations

    The cryptocurrency landscape witnessed a notable shift in June 2026, as major decentralized finance (DeFi) tokens significantly outperformed Bitcoin. While Bitcoin suffered a steep 22% decline, leading DeFi tokens dropped only about 4%, according to data from Bitwise. This divergence signals a growing investor preference for projects with tangible revenue, active user bases, and sustainable business models—a trend analysts are calling a “quiet re-rating.”

    What Is Driving the DeFi Outperformance?

    Market re-rating occurs when investors fundamentally change how they value an asset or sector. In the past, DeFi tokens were often viewed as speculative. Now, investors are focusing on real-world metrics such as protocol fees, daily active users, and revenue generation. This shift has boosted confidence in DeFi platforms that function as decentralized financial businesses, offering services like lending, trading, and infrastructure.

    Strong Fundamentals Over Speculation

    Many DeFi projects now generate steady income through transaction fees and maintain high user engagement despite market volatility. This financial health has made them more attractive during downturns. Investors are becoming selective, favoring projects with solid performance and long-term potential over broad market bets.

    Capital Rotates Beyond Bitcoin

    Bitcoin’s dominance has eroded as capital flows into other sectors like DeFi and tokenized real-world assets. Reuters noted that Bitcoin’s market share declined as investment diversified. This rotation, combined with improved regulatory clarity in several jurisdictions, has further supported DeFi’s relative strength.

    Bitcoin Remains Central but Faces Headwinds

    Despite its June decline, Bitcoin has recovered above $63,000 and retains its position as the largest cryptocurrency. Strong on-chain data suggests selling pressure has eased, but analysts remain cautious. Bitcoin’s role is still pivotal, yet the latest performance underscores that investors are no longer solely focused on a single asset.

    What This Means for the Crypto Market

    The outperformance of DeFi tokens during a Bitcoin rout marks a structural shift. Investors are now pricing DeFi protocols based on cash flows and utility rather than hype. While a single month does not confirm a permanent trend, it suggests that DeFi has entered a new phase where business strength matters more than market excitement. However, risks remain—DeFi carries unique smart contract and regulatory vulnerabilities.

    FAQs

    1. What is a market re-rating?
    A re-rating happens when investors fundamentally shift how they value a sector, moving from speculative hype to pricing assets based on underlying revenue, utility, and concrete business metrics.

    2. How did DeFi tokens perform compared to Bitcoin?
    During June 2026, major DeFi tokens lost only about 4%, while Bitcoin fell 22% over the same period.

    3. Why are investors showing more interest in DeFi?
    Investors are tracking tangible metrics like protocol fees, active daily users, and sustainable revenue models, finding value in platforms acting as functional, decentralized financial businesses.

    4. Did Bitcoin lose its importance?
    No. Bitcoin remains the largest, most liquid digital asset and recently recovered above $63,000, but its dropping dominance shows investors are diversifying into cash-flowing utility tokens.

    5. Is this enough to confirm a long-term trend?
    Not yet. Analysts warn that a single month of outperformance does not guarantee a permanent decoupling, as DeFi still carries unique smart contract and regulatory risks.

  • Ethereum ETF Inflows Surge to $70.5M as Bitcoin Sees $84.86M in Outflows

    Ethereum ETF Inflows Surge to $70.5M as Bitcoin Sees $84.86M in Outflows

    Ethereum attracted $70.5 million in institutional ETF inflows, marking five consecutive days of gains, while Bitcoin ETFs recorded $84.86 million in outflows, highlighting a short-term shift in investor preference.

    Key Takeaways

    • Ethereum ETFs recorded $70.5 million in net inflows, extending a five-day positive streak.
    • Fidelity’s FETH contributed nearly $69 million of the total Ethereum inflows.
    • Bitcoin ETFs saw $84.86 million in net outflows as some institutions shifted allocations.

    Ethereum Records Strong ETF Inflows

    Spot Ethereum ETFs received approximately $70.5 million in net inflows during the latest trading session. This result also marked the fifth straight trading day with positive inflows for Ethereum funds. Such a streak shows that institutional investors continue to place fresh capital into Ethereum despite market uncertainty.

    Among all Ethereum ETFs, Fidelity’s FETH stood out as the biggest contributor. The fund attracted close to $69 million in fresh investments. This means that Fidelity accounted for almost all of the day’s net inflows. The strong performance of FETH reflects growing confidence among large investors who want exposure to Ethereum through regulated investment products instead of direct cryptocurrency purchases.

    Bitcoin Faces Investor Withdrawals

    While Ethereum enjoyed another day of positive inflows, Bitcoin moved in the opposite direction. Spot Bitcoin ETFs recorded net outflows of nearly $84.86 million during the same period.

    Several well-known Bitcoin funds reported investor withdrawals. These included products from Grayscale, BlackRock, and Fidelity. The outflows do not necessarily mean that institutions have lost confidence in Bitcoin. Instead, they may show that some investors decided to reduce exposure or shift part of their money into other digital assets, especially Ethereum.

    Why Institutions Show More Interest in Ethereum

    According to many experts in finance, Ethereum offers utility beyond serving as a cryptocurrency. The Ethereum platform is useful when it comes to decentralized finance, tokenization, smart contracts, and numerous other blockchain applications. These capabilities make Ethereum attractive as they support decentralized finance, tokenization, and other emerging blockchain applications.

    Another reason for the current inflow of capital might be the strategy of portfolio diversification. It means that instead of investing all their funds into Bitcoin, institutional investors may prefer to use various virtual currencies. Ethereum is chosen for investment as the second most popular currency after Bitcoin for its established ecosystem and possible applications.

    Market Prices Stay Stable

    Despite the positive ETF inflows, Ethereum’s price has not experienced an explosive rally. The cryptocurrency traded above $1,740, which reflects a partial recovery after earlier weakness. The steady price movement suggests that institutional buying has helped support market confidence, even though broader economic concerns still affect investor sentiment.

    Bitcoin traded around $62,000 to $63,000 during the same period. Global economic uncertainty and geopolitical developments continue to influence the cryptocurrency market. These external factors often affect investor decisions, regardless of how much money enters or leaves ETF products.

    What the Latest Data Means

    The difference between Ethereum and Bitcoin ETF flows does not automatically signal a permanent market shift. Daily ETF numbers often change since institutional investors regularly adjust their portfolios based on market conditions, economic news, and investment strategies.

    However, five consecutive days of positive inflows into Ethereum ETFs present a meaningful trend. Continuous investment from institutions usually reflects confidence in the asset’s long-term potential. Large investors often make careful decisions after detailed research, so steady inflows can become an important signal for the broader market.

    Why This Matters

    This divergence signals a tactical institutional rotation, with investors favoring Ethereum’s utility-driven smart contract ecosystem over Bitcoin’s store-of-value narrative. Five straight days of ETH inflows validate growing corporate interest, even as spot Bitcoin ETFs face short-term profit-taking.

    Outlook for Ethereum and Bitcoin

    Recent ETF statistics show that institutional interest in Ethereum is growing. The figure of $70.5 million in net flows and Fidelity FETH’s almost $69 million contribution indicate that there is a strong demand for regulated products in Ethereum investment. The opposite situation is observed in Bitcoin, where there is a recorded net outflow of $84.86 million. This seems to imply that some institutions have shifted their interest for a while.

    Both Ethereum and Bitcoin are important cryptocurrency players. Bitcoin retains the status of the biggest cryptocurrency and the number one choice of many long-term investors. Ethereum, in turn, is strengthening its position given the increasing number of real-world applications and increased institutional interest.

    The following weeks will show whether the trend continues or whether investors return to Bitcoin in larger volumes. For now, the latest ETF statistics clearly show that Ethereum gained some momentum as a cryptocurrency for institutional investors while Bitcoin experienced a small period of weaker fund flow.

  • BIP-110 Faces Uphill Battle as Bitcoin Miner Support Stays Weak

    BIP-110 Faces Uphill Battle as Bitcoin Miner Support Stays Weak

    Bitcoin’s proposed BIP-110 soft fork continues to face limited miner support ahead of a key activation period, despite renewed debate over restricting non-financial data on the blockchain. The proposal would temporarily limit data storage methods linked to Ordinals and BRC-20 tokens for one year while exempting older transaction outputs.

    Miner signaling remains far below the required threshold, and several prominent Bitcoin figures have publicly opposed the plan. Meanwhile, Bitcoin traded near $63,800 on Monday as broader financial markets reacted to fresh geopolitical tensions in the Middle East.

    Proposal Targets Non-Financial Blockchain Data

    Developer Dathon Ohm introduced BIP-110, known as the Reduced Data Temporary Soft Fork, in December 2025. The proposal would impose temporary restrictions on non-financial data stored in Bitcoin transactions. Specifically, it would cap OP_RETURN fields at 83 bytes, limit data pushes to 256 bytes, and restrict most new outputs to 34 bytes. However, transaction inputs spending coins created before activation would remain permanently exempt.

    The proposed limits would automatically expire about one year after activation. Supporters argue the measures would reduce blockchain growth and return Bitcoin’s primary focus to payments. In contrast, critics argue the proposal would reject valid fee-paying transactions while favoring certain transaction types.

    Michael Saylor, Executive Chairman of Strategy, stated on July 12, 2026, that BIP-110 would transform a spam dispute into a consensus rule change that invalidates some currently valid, fee-paying transactions.

    Miner Support Remains Below Activation Threshold

    So far, miner backing has remained minimal. Signaling has never exceeded roughly 1% during any measurement period and currently stands at zero, with no major mining pool supporting the proposal. One monitoring service recorded only 38 signaling blocks from more than 9,000 mined since May 1, 2026. That represents approximately 0.42% support. Node adoption also remains in the low single digits.

    Miners signal support by setting a specific bit within the block version field. Even so, almost no miners have activated that signal.

    BIP-110 uses a modified activation process requiring support from 55% of miners, or 1,109 of 2,016 blocks during a difficulty adjustment period. That requirement sits below the traditional 95% threshold used for previous Bitcoin soft forks.

    The current signaling period is expected to reach a mandatory window near block 961,632, which projections place in early August. If the proposal locks in, activation would occur near block 965,664 around September 1, 2026. Current support levels indicate the proposal would create only a small minority chain instead of a network-wide upgrade.

    Market Holds Steady as Global Assets React

    Several well-known Bitcoin figures have opposed BIP-110 before the upcoming deadline. Besides Michael Saylor, Blockstream Chief Executive Adam Back rejected the proposal, while developer Jameson Lopp criticized its activation parameters.

    They warned that a disputed fork could split the Bitcoin blockchain and require exchanges and node operators to prepare for two separate networks. Meanwhile, Bitcoin traded near $63,800 on Monday. The cryptocurrency fell 0.3% over the previous 24 hours but remained 2% higher for the week.

    At the same time, traditional markets reacted to the fourth round of U.S. strikes on Iran within one week. Spot gold dropped as much as 1.6% to around $4,050 per ounce, while Brent crude climbed 4% above $79 per barrel amid uncertainty surrounding the Strait of Hormuz. Additionally, Treasury prices declined across the yield curve, pushing the two-year yield to its highest level since February 2025. MSCI’s Asia Pacific equities index also fell 1.6%.

    U.S. Central Command said American forces struck Iran after an attack on a container ship. Conflicting statements about the Strait of Hormuz kept uncertainty elevated since roughly one-fifth of global seaborne oil normally passes through the waterway.

    Markets reflected concerns that prolonged conflict could keep oil prices elevated and encourage the Federal Reserve to maintain higher interest rates for longer. Minutes from the Fed’s June meeting also showed that several policymakers previously considered raising rates before choosing to hold them steady.

    What’s Next?

    BIP-110 continues to face minimal miner support despite proposing temporary limits on non-financial Bitcoin transaction data. Prominent Bitcoin figures have opposed the plan, while activation remains unlikely under current signaling levels. Meanwhile, Bitcoin held relatively steady as global markets reacted to rising geopolitical tensions.

  • Dogecoin Faces Key Support at $0.072 as ETF Inflows Stall and Selling Pressure Mounts

    Dogecoin Faces Key Support at $0.072 as ETF Inflows Stall and Selling Pressure Mounts

    Dogecoin traded near $0.0729 on July 12, 2026, after falling nearly 2% in the past 24 hours, underperforming a slightly weaker crypto market. Trading volume rose to about $462 million as sellers increased activity around the weekend.

    The decline comes as traders reduce exposure to riskier altcoins and shift more capital toward Bitcoin. DOGE now sits close to the $0.072 support zone. A hold above that level could lead to consolidation or a breakout above $0.08, while a lower move may expose the $0.070 area.

    Dogecoin ETFs Record a Week Without Inflows

    U.S. Dogecoin exchange-traded funds recorded zero net inflows on every trading day from July 6 through July 10. The flat week followed negative net flows in the prior period, showing that investors have not added fresh capital to the products.

    Cumulative net inflows into Dogecoin ETFs stand at $11.77 million. The products hold about $10.23 million in net assets, equal to roughly 0.09% of Dogecoin’s market value. The limited size shows that ETF activity has not created strong demand for DOGE.

    The funds linked to Bitwise, Grayscale and 21Shares have shifted between positive, negative and flat weekly flows during 2026. The latest reading points to a “wait-and-see” approach as investors look for a new market or product catalyst. Meanwhile, 21Shares plans to use FTSE digital asset index data for its Dogecoin ETF pricing benchmark.

    Bitcoin Dominance Pressures Altcoin Prices

    The wider market has moved toward Bitcoin as sentiment stays in the “Fear” range. Bitcoin dominance reached 58.43%, showing that the largest cryptocurrency controls a growing share of total market value.

    The Altcoin Season Index stood at 52, indicating mixed demand for smaller tokens. Dogecoin often reacts sharply when traders cut speculative exposure. The current decline follows that wider pattern rather than a Dogecoin-specific event. Rising Bitcoin dominance tends to place pressure on meme coins as traders favor assets with deeper liquidity.

    At the same time, the Fear and Greed Index has moved above earlier extreme fear readings. The index recently reached 32, but it has not held above the neutral level of 50 since November. That reading shows an exit from panic without a clear return of strong buying demand.

    Technical Data Puts $0.072 Support in Focus

    DOGE moved below its seven-day simple moving average at $0.0744 and its 30-day average at $0.0786. Trading volume rose as the price fell, confirming higher market activity during the sell-off. The relative strength index reached 36, placing DOGE near oversold conditions.

    The lower RSI could support a short-term bounce, but Dogecoin needs to reclaim $0.074 to reduce selling pressure. A move above the seven-day average would place the next focus on $0.0786. Failure to hold $0.072 could send the price toward the next support near $0.070.

    ETF flows may also shape short-term sentiment. Positive inflows would show renewed demand for regulated Dogecoin products. Until buying returns, price action, trading volume and Bitcoin dominance will provide the main signals for DOGE’s next move.

  • Bitcoin BIP-110 Hits August Deadline with Zero Miner Support – What It Means

    Bitcoin BIP-110 Hits August Deadline with Zero Miner Support – What It Means

    Bitcoin’s BIP-110 proposal is approaching its early August deadline with virtually no support from miners or node operators. The plan, known as the Reduced Data Temporary Soft Fork, aims to restrict non-financial data storage on the Bitcoin blockchain for one year.

    BIP-110 Aims to Curb Blockchain Data Bloat

    The proposal would tighten limits on data stored via OP_RETURN transactions, reject arbitrary data pushes larger than 256 bytes, and restrict script formats primarily used for data storage. Supporters argue it would reduce blockchain bloat and keep block space focused on financial transactions. However, the rule would invalidate some transactions that are currently valid, such as those related to Ordinals and inscriptions.

    BIP-110 uses a user-activated soft fork mechanism, requiring only 55% miner signaling—far below the typical 95% threshold. Despite this lower bar, miner support has never exceeded 1% and currently stands at 0%. No major mining pool has endorsed the plan. Node adoption also remains in the low single digits, mostly limited to users of Bitcoin Knots rather than Bitcoin Core.

    Key Figures Speak Out

    Strategy founder Michael Saylor opposed the proposal, calling it a dangerous precedent that would turn a dispute over data storage into a consensus change. Blockstream co-founder Adam Back also rejected it, stating that the wider Bitcoin network would not join a fork implementing these restrictions. Both warned that weak support could lead to a minority chain split.

    The signaling period covers blocks 957,600 to 959,615, with a voluntary lock-in deadline around block 961,542 (early August). If activated, participating nodes would reject blocks that fail to signal support, potentially creating a separate chain with different transaction rules.

    For now, BIP-110 appears unlikely to affect the main Bitcoin network, but the debate highlights ongoing tensions over blockchain data use and governance.