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BREAKING: US Nonfarm Payrolls and Unemployment Data Released! Here's Bitcoin's (BTC) First Reaction!
Bitcoin (BTC), Ethereum (ETH) and altcoins have made significant gains in the last 24 hours, driven by increased liquidity and positive tariff news from the US. As the BTC price climbs to $109,000, last seen on June 11, bullish expectations continue to rise. While analysts state that major excuses such as the FED's interest rate cut are needed for the rise in Bitcoin to continue, today the US Non-Farm Employment data, which is of great importance in the FED's interest rate decision, was announced. The data announced on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy. The data disclosed is as follows: Nonfarm Payrolls Data: 147k Announced vs. 111k Expected vs. 139k Previous Unemployment data: Announced 4.1% – Expected 4.3% – Previous 4.2% Bitcoin's reaction after the incoming data was as follows: *This is not investment advice. Continue Reading: BREAKING: US Nonfarm Payrolls and Unemployment Data Released! Here's Bitcoin's (BTC) First Reaction!

BitcoinSistemi 2025-07-03 15:33
Nasdaq-listed Webus Secures $100M Credit Line From Ripple Strategy to Boost XRP Reserves
Webus International Limited, a Nasdaq-listed provider of AI-driven mobility and chauffeur services, announced Wednesday it has secured a conditional Securities Purchase Agreement with Ripple Strategy Holdings for up to $100 million in funding to acquire XRP. Key Takeaways: Webus secured up to $100 million in funding to back its XRP treasury plans. The firm set a $300 million mandate for XRP operations, aiming to expand crypto payments and loyalty programs. Webus shares spiked 130% on the news before settling around $2.40. The senior equity line of credit will enable Webus to access tranches ranging from $250,000 to $3 million over a 24-month period, pending regulatory approvals. Webus said the funding will support its XRP treasury strategy, including crypto-enabled payments, blockchain-based loyalty programs, and expansion across key markets in North America and Asia-Pacific. Webus Sets $300M Mandate for XRP Treasury The announcement comes on the heels of Webus establishing a Delegated Digital-Asset Management Agreement with a mandate cap of up to $300 million for XRP treasury operations. Shares of Webus initially surged 130% following the news but later retreated, with the stock trading around $2.40 at press time, according to Yahoo Finance. Webus CEO Nan Zheng described the agreement as a strong vote of confidence in the company’s approach, noting that the flexible structure of the credit line allows Webus to raise capital as needed while limiting dilution for existing shareholders. “We believe this will help us accelerate the growth across North America and Asia-Pacific, and strengthen our leadership in crypto-powered premium mobility,” Zheng said. While little is publicly known about Ripple Strategy Holdings, its name suggests a focus on XRP-related investments. The entity is not affiliated with Ripple Labs, the company behind the XRP Ledger and XRP token. WEBUS + RIPPLE = $100M XRP POWERPLAY Chinese tech firm Webus just locked in up to $100 million from Ripple Strategy Holdings to fuel its XRP treasury strategy. $XRP is not just surviving, it’s quietly integrating. pic.twitter.com/EI8PPDvJVn — John Squire (@TheCryptoSquire) July 2, 2025 In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury. Later, on June 11, VivoPower, a publicly listed firm, announced a partnership with the Flare blockchain to generate yield from its XRP holdings. Ripple Drops Cross-Appeal Against SEC to Resolve Case Last week, Ripple CEO Brad Garlinghouse revealed the company will withdraw its cross-appeal against the SEC, adding that the regulator is also expected to drop its own appeal. The announcement followed a U.S. district court decision rejecting a joint request from Ripple and the SEC to reduce Ripple’s $125 million civil penalty and overturn the ruling that classified Ripple’s institutional XRP sales as securities transactions. In her ruling, Judge Analisa Torres noted Ripple’s readiness to “push the boundaries” of the earlier summary judgment, suggesting a risk of future violations. Ripple’s chief legal officer, Stuart Alderoty, said the firm faced a choice between dropping the appeal or continuing to contest the finding. He emphasized that regardless of the decision, “XRP’s legal status as not a security remains unchanged,” and assured that Ripple’s business operations would continue as usual. The post Nasdaq-listed Webus Secures $100M Credit Line From Ripple Strategy to Boost XRP Reserves appeared first on Cryptonews .

cryptonews 2025-07-03 15:25
Solana News Today – Analysts Predict SOL Price to Hit $300 Soon
The post Solana News Today – Analysts Predict SOL Price to Hit $300 Soon appeared first on Coinpedia Fintech News Solana price is making waves in the crypto market, recently climbing 7% intraday from a low of $145 to $155. As of now, it is trading at $154.82, boasting a market cap of $82.75 billion and a 24-hour spot volume of $4.08 billion. While the price reaction may not seem explosive, experts are optimistic with recent market events, believing that SOL could soon surpass the $300 mark . Why Is SOL Up 7%? Bitcoin serves as the primary gateway and confidence booster for the entire crypto market, which has turned green, lifting not just BTC but also altcoins like Solana. As the saying goes, “When it rains, it pours,” and this sentiment is evident as Bitcoin has surged to $109.8K today, igniting a wave of FOMO across social platforms . The increase in social volume reflects a growing belief among retail investors that Bitcoin’s price could soar to between $120K and $160K by early July. $SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but it is much lower than the Bitcoin and Ether spot ETFs. pic.twitter.com/t6LkQwDXLc — Eric Balchunas (@EricBalchunas) July 2, 2025 Adding to the positive momentum, the recent launch of the Rex-Osprey Solana staking ETF has captured attention. James Seyffart reported that it reached $8 million in trading volume within just 20 minutes, while Eric Balchunas noted that it ended the day with an impressive $33 million. With rising interest in Solana, Seyffart and Balchunas have pegged a 95% chance that spot Solana ETFs will be approved by the end of the year. The optimism in the air has surged, market is full of excitement, and investors are keenly waiting for Solana crypto’s rise. Analyst Predicts- Solana price To Hit $300 Recently, the Solana price surged nearly 7%, yet it remains below the 200-day EMA band, currently sitting at $159.40. This uptick comes on the heels of high trading volume, particularly around the “fixed range volume profile” at $144.65. In the short term, if Solana can flip the 200-day EMA, it could set its sights on $185 in July. Achieving this would signify a Break of Structure (BoS), allowing the cryptocurrency to resume its Q2 uptrend that began in April, as clearly illustrated on the daily chart. [post_titles_links postid=”478103″] Similarly, experts are optimistic, believing that the short-term downtrend from mid-May to June has been reversed, with a target of $300 now appearing likely. However, as its said , “Don’t count your chickens before they hatch.” If Solana fails to maintain its upward momentum, it could retreat to the $125 support level. A further decline could even push the price back to the April lows of $95. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs Will the SOL price reach $350 by the end of 2025? According to our Solana price prediction 2025, the altcoin might chug up to a maximum of $400 by 2025. How high can Solana go by the end of 2030? As per our Solana price prediction 2030, with a potential surge, the price of SOL could reach a maximum of $1,351. How much would the price of Solana be in 2040? As per our latest SOL price analysis, the Solana could reach a maximum price of $11,698. How much will the SOL price be in 2050? By 2050, a single Solana price could go as high as $72,459.

coinpedia 2025-07-03 15:24
SUI Price Eyes $3.30 as RSI Nears Overbought, What’s Next?
The post SUI Price Eyes $3.30 as RSI Nears Overbought, What’s Next? appeared first on Coinpedia Fintech News Sui has emerged as one of the top gainers today, fueled by bullish macro news and explosive on-chain fundamentals. As of press time, SUI is priced at $3.02, up 9.58% in the past 24 hours and nearly 13% on the week, which is an impressive gain. Much of this enthusiasm comes from the SEC’s approval of a Grayscale ETF that includes leading assets such as BTC, ETH, SOL, XRP, and ADA. This has lifted sentiment across the Layer-1 space, including SUI. On the utility side, the Sui network hit a key milestone by processing $27.3 billion in token volume in June, signaling significant ecosystem growth and dApp usage. Intriguing enough? Join me as I decode the short-term SUI price analysis. Sui Price Analysis: Technically speaking, SUI is showing signs of bullish momentum, supported by surging volume and a breakout from key resistance zones. The 4-hour chart shows SUI trading above the 20-day Bollinger Band midline and holding well above the lower band. The token hit a 24-hour high of $3.08 and is now testing a critical resistance zone between $3.20 and $3.30, as marked on the chart. This area has previously rejected price advances and could act as a short-term hurdle. If bulls manage to push above this level with sustained volume, a breakout toward new local highs could follow. On the downside, immediate support lies at $2.9847, aligning closely with the middle Bollinger Band and psychological support. Below that, $2.84 is a major support level, clearly marked on the chart, and has historically served as a strong demand zone. Also read: Sui Price Prediction 2025, 2026-2030! FAQs Why is SUI price surging today? ETF news, surging transaction volume, and strong on-chain fundamentals have all contributed to the bullish move. Should I buy SUI now? The RSI at 68.6 suggests it’s nearing overbought territory, which may lead to consolidation or a minor pullback. What are the key support and resistance levels to watch? Resistance lies at $3.20–$3.30, support is seen at $2.9847 and $2.84 on the downside.

coinpedia 2025-07-03 15:08
Ethereum ETFs could attract $10B in H2 2025 – Bitwise CIO
The market doubts whether ETH could surge to a new ATH despite bullish outlook.

AMB Crypto 2025-07-03 15:00
IDO platform CoinTerminal launches $15,000 lottery for all refundable sales
CoinTerminal, a growing IDO launchpad focused on widening access to early-stage crypto projects, has announced a $15,000 lottery tied to its refundable token sales. The prize pool includes a $10,000 reward for one winner, with two runners-up set to receive $2,500 each. To ensure transparency and fairness, the lottery draw will use Chainlink VRF, providing

Invezz 2025-07-03 14:59
Altcoin Season Index at 24: Unlocking Bitcoin’s Dominant Reign
BitcoinWorld Altcoin Season Index at 24: Unlocking Bitcoin’s Dominant Reign Are you tracking the pulse of the crypto market? The Altcoin Season Index, a crucial metric from CoinMarketCap (CMC), recently registered 24 at 00:30 UTC on July 3. This uptick from the previous day’s figure signals a clear message: we are firmly in Bitcoin Season . But what does this mean for your portfolio, and how should you navigate these dynamic market conditions? Let’s dive deep into understanding this pivotal indicator and its implications for your cryptocurrency investing journey. Understanding the Altcoin Season Index (ASI): Your Market Compass The Altcoin Season Index serves as a vital compass for investors, helping to determine whether the broader market is favoring Bitcoin or alternative cryptocurrencies. It’s not just a random number; it’s a carefully calculated metric that offers insights into prevailing crypto market trends . Here’s how this fascinating index works: Scope: The index tracks the performance of the top 100 cryptocurrencies by market capitalization on CoinMarketCap, specifically excluding stablecoins and wrapped tokens to ensure a pure measure of market sentiment and capital flow. Timeframe: Its assessment is based on the performance of these coins over the past 90 days, providing a robust, medium-term view rather than short-term fluctuations. Defining Seasons: The index operates on a simple yet effective rule: Altcoin Season: Occurs when at least 75% of these top 100 altcoins have outperformed Bitcoin in terms of price appreciation over the 90-day period. Bitcoin Season: Conversely, Bitcoin Season is declared when 25% or fewer of these altcoins manage to outperform Bitcoin during the same timeframe. The Score: The index scores range from 1 to 100. A higher score leans towards Altcoin Season, while a lower score indicates Bitcoin Season. The current reading of 24, up four points, firmly places us in Bitcoin Season territory, meaning Bitcoin is currently the dominant performer against most major altcoins. To put it simply, the ASI tells us where the smart money is flowing. Is it into the established, less volatile Bitcoin, or are investors seeking higher, albeit riskier, returns in the myriad of altcoins? What Does ‘Bitcoin Season’ Truly Mean for Your Portfolio? When the Altcoin Season Index points to Bitcoin Season, it signals a period where Bitcoin’s price appreciation outpaces the vast majority of altcoins. This isn’t just about Bitcoin going up; it’s about Bitcoin going up more significantly than most other cryptocurrencies, or holding its value better during market downturns. During a Bitcoin Season, you’ll typically observe: Dominance Shift: Bitcoin’s market dominance, its share of the total cryptocurrency market capitalization, tends to increase. This indicates that capital is consolidating in BTC, often seen as the ‘safe haven’ asset within the crypto space. Altcoin Underperformance: Many altcoins, especially those with smaller market caps, may struggle to gain significant traction. Some might even bleed value against Bitcoin, meaning their USD value might rise, but their BTC value (e.g., ETH/BTC, ADA/BTC) decreases. Reduced Volatility in BTC (Relatively): While Bitcoin is inherently volatile, during its season, it might offer comparatively more stability than the highly speculative altcoin market. Why does Bitcoin Season happen? Several factors contribute to this phenomenon: Macroeconomic Uncertainty: In times of global economic instability or uncertainty, investors often flock to assets perceived as more stable. Within crypto, Bitcoin often plays this role due to its larger market cap, institutional adoption, and established network. Pre-Halving Rallies: Bitcoin’s halving events, which reduce the supply of new BTC, historically precede significant price surges, drawing capital away from altcoins. Institutional Inflow: When large institutions enter the crypto space, their initial investments often flow into Bitcoin due to its liquidity and regulatory clarity. Market Cycle Behavior: Bitcoin often leads market rallies, with altcoins typically following once Bitcoin’s rally cools off and profits are rotated. For investors, understanding these dynamics is crucial for effective cryptocurrency investing . It means re-evaluating risk exposure and potentially adjusting your portfolio allocation. The Elusive ‘Altcoin Season’: What Triggers the Shift? While we are currently in Bitcoin Season , the crypto market is cyclical, and an Altcoin Season is always a possibility. This highly anticipated period is characterized by explosive growth in altcoin prices, often dwarfing Bitcoin’s gains. It’s when many investors see their smaller altcoin holdings multiply rapidly. What typically triggers a shift from Bitcoin Season to Altcoin Season? Bitcoin Dominance Peak: Often, Bitcoin’s dominance reaches a peak, and capital that flowed into BTC during its run begins to seek higher returns elsewhere. This ‘profit-taking’ from Bitcoin is then rotated into altcoins. Innovation and Narratives: New technological breakthroughs, significant upgrades to existing altcoin networks (e.g., Ethereum’s upgrades), or emerging narratives (like DeFi, NFTs, AI tokens, GameFi) can ignite interest and capital flow into specific altcoin sectors. Reduced Risk Aversion: As the overall market gains confidence and stability, investors become more willing to take on higher risks associated with altcoins, which have lower market caps and greater upside potential. Liquidity Spreading: Once Bitcoin establishes a new price floor or consolidates, the increased liquidity in the market starts to spread out to smaller cap assets, leading to their exponential growth. Recognizing the signs of an impending Altcoin Season is key for maximizing returns. It requires constant monitoring of market sentiment, Bitcoin dominance charts, and news from promising altcoin projects. Navigating the Seasons: Strategic Cryptocurrency Investing Knowing whether it’s Bitcoin Season or Altcoin Season isn’t just academic; it has direct implications for your cryptocurrency investing strategy. Adapting your approach based on the Altcoin Season Index can significantly impact your portfolio’s performance. Strategies During Bitcoin Season: With the Altcoin Season Index at 24, here’s how to navigate the current environment: Focus on Bitcoin Accumulation: This is an opportune time to accumulate more Bitcoin. If you believe in Bitcoin’s long-term value, dollar-cost averaging into BTC can be a sound strategy. Selective Altcoin Accumulation: While most altcoins underperform, this period can be excellent for accumulating strong, fundamentally sound altcoin projects at lower prices relative to Bitcoin. Research projects with solid technology, active development, and clear use cases. Risk Management: Reduce exposure to highly speculative or unproven altcoins. Their volatility can be amplified during Bitcoin Season, leading to significant losses. Education and Research: Use this period to research potential altcoin gems for the next Altcoin Season. Identify sectors or projects that could lead the next bull run. Strategies for the Next Altcoin Season: When the Altcoin Season Index starts climbing towards 75 and beyond, your strategy should shift: Profit Taking: Be prepared to take profits from your altcoin holdings. Altcoin seasons are known for parabolic pumps, but they can also reverse quickly. Having a profit-taking strategy (e.g., selling in tranches) is vital. Diversification within Alts: While Bitcoin Season often means consolidating into BTC, Altcoin Season might call for diversifying across promising altcoin sectors, spreading risk and capturing different narratives. Beware of FOMO: Not every altcoin will pump. Avoid blindly investing in every coin that is rising. Stick to your research and investment thesis. Rebalancing: Consider rebalancing your portfolio by moving some profits back into Bitcoin or stablecoins to secure gains and prepare for potential market corrections. Index Value Range Market Condition Key Characteristic Investor Action 75-100 Altcoin Season 75%+ of top 100 alts outperform BTC Focus on altcoin opportunities, profit-taking 25-74 Neither (Transition) Mixed performance, market indecision Cautious approach, research, observe 1-24 Bitcoin Season 25% or fewer alts outperform BTC Focus on Bitcoin, strategic alt accumulation Table: Altcoin Season Index Interpretation and Investor Strategies Historical Context and Future Outlook for Crypto Market Trends History often rhymes in the crypto world. Past bull cycles have consistently shown phases of Bitcoin Season followed by an explosive Altcoin Season . For instance, in late 2017 and early 2021, Bitcoin led the initial charge, breaking new all-time highs. Once Bitcoin’s momentum cooled, capital flowed into altcoins, leading to massive pumps across the board. Understanding these historical patterns can provide valuable context for current crypto market trends . While past performance is not indicative of future results, it offers a framework for anticipating potential shifts. What could trigger the next shift from Bitcoin Season? Keep an eye on: Bitcoin Dominance Chart: A significant reversal or consolidation in BTC dominance often precedes an Altcoin Season. Major Altcoin Developments: Breakthroughs in scalability, new DeFi protocols, or significant institutional adoption of specific altcoins could act as catalysts. Global Economic Climate: A more risk-on environment in traditional markets might encourage greater speculation in altcoins. The market is a living, breathing entity, constantly evolving. Staying informed about these broader trends is paramount for successful cryptocurrency investing . Challenges and Considerations in Following the Index While the Altcoin Season Index is a valuable tool, it’s essential to acknowledge its limitations and challenges: Lagging Indicator: The index is based on 90-day performance, meaning it reflects what has already happened. It’s not a predictive tool but rather a confirmation of current market conditions. Not All Altcoins are Equal: Even during an Altcoin Season, not every altcoin will pump. Many projects may fail, and some will simply not gain traction. Individual research and due diligence remain critical. Market Volatility: The crypto market is notoriously volatile. Conditions can change rapidly, and what is Bitcoin Season today might transition faster than anticipated. External Factors: Macroeconomic events, regulatory news, and major hacks or security breaches can override typical market cycle behavior. Therefore, use the Altcoin Season Index as one piece of your analytical puzzle, not the sole determinant of your investment decisions. Conclusion: Mastering the Seasons of Cryptocurrency Investing The current reading of the Altcoin Season Index at 24 unequivocally signals that we are in a period dominated by Bitcoin. This understanding is not merely academic; it provides a crucial framework for informed cryptocurrency investing . Whether it’s consolidating your position in Bitcoin, strategically accumulating promising altcoins, or preparing for the eventual shift to Altcoin Season , adapting your strategy to prevailing crypto market trends is paramount. The crypto market is a dynamic landscape, constantly shifting between periods of Bitcoin leadership and altcoin exuberance. By staying informed about metrics like the Altcoin Season Index and understanding the underlying drivers of these market seasons, you empower yourself to make more strategic decisions, navigate volatility with greater confidence, and ultimately, enhance your potential for long-term success in this exciting asset class. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Altcoin Season Index at 24: Unlocking Bitcoin’s Dominant Reign first appeared on BitcoinWorld and is written by Editorial Team

Bitcoin World 2025-07-03 14:50
Sui Is Building a Skyscraper on a Shaky Price Foundation
Sui’s developer growth hit 54%, defying a 20% contraction in the broader crypto market Sui’s yearly developer growth of 16.1% puts it in direct competition with top rival Solana The SUI token price is down 49% from its all-time high, creating a disconnect with developer growth The Sui blockchain is presenting a stark paradox to the crypto market: while its developer community is experiencing explosive growth that defies the industry’s downturn, its native SUI token has failed to capture similar momentum, struggling to regain its footing. This divergence between fundamental ecosystem health and market valuation tells two very different stories about the high-performance Layer 1 network. Developer Growth Defies a Shrinking Market Data highlights an impressive surge in developer activity on Sui. Over the past two years, the project’s developer community has expanded by 54%. This stands in sharp contrast to the broader crypto market, which saw its total number of active developers decline by 20% over the last year. Source: X Sam Blackshear, the co-founder and CTO of Mysten Labs, emphasized this trend, noting that virtually all major Ethereum Virtual… The post Sui Is Building a Skyscraper on a Shaky Price Foundation appeared first on Coin Edition .

Coin Edition 2025-07-03 14:45
Arthur Hayes Does Not Expect Bitcoin to Rise Until This Date! "There is a Risk of $90,000! I Sold All Altcoins, I Can Sell BTC Too!"
BitMEX co-founder Arthur Hayes, one of the outspoken names in the cryptocurrency industry, shared his new predictions about Bitcoin. Bitcoin (BTC) and the market could move sideways or slightly more bearish between now and the Jackson Hole conference in August, Arthur Hayes wrote in a new blog post. Hayes stressed that US bonds should be bought instead and claimed that buying US government bonds was a mistake. Bitcoin (BTC) May Drop to These Levels! The famous name said that the US government's recent support for stablecoins is not to benefit fintech companies like Circle, but to strengthen large traditional banks and fill the treasury. At this point, Hayes said the U.S. Treasury Department needs new ways to sell trillions of dollars in bonds and replenish the U.S. Treasury (TGA) without causing interest rates to rise. This has led Treasury Secretary Scott Bessent to look for alternative buyers and stablecoins. However, according to Hayes, the US government's support for stablecoins is a huge liquidity game, which could negatively affect the Bitcoin price. Because the market is not interested in bonds at high prices, and this is pushing the US government towards stablecoins. At this point, according to Hayes, the issuance of stablecoins by US banks could provide a purchasing capacity of $6.8 trillion, and banks could convert their existing deposits into bond purchases. This could provide new liquidity to the market for the future and trigger an increase. However, Hayes said that by then, in the short term, Bitcoin could fall to the $90,000 to $95,000 range if the effort to refill the US Treasury and sell bonds negatively impacts USD liquidity. Arthur Hayes lastly stated that there is a risk that the US government's liquidity and stablecoin game could pull Bitcoin to the $90,000-$95,000 range, and that altcoins could also be negatively affected by this. At this point, Hayes stated that his company Maelstrom has sold all of its illiquid altcoin positions and is considering reducing its Bitcoin positions depending on market performance. *This is not investment advice. Continue Reading: Arthur Hayes Does Not Expect Bitcoin to Rise Until This Date! "There is a Risk of $90,000! I Sold All Altcoins, I Can Sell BTC Too!"

BitcoinSistemi 2025-07-03 14:43
Crypto price wrap: Bitcoin hits $110k as ETH, XRP, SOL, TIA and BONK gain
Bitcoin is seeing notable upside pressure, with the top coin trading above $109,000 to ignite a broad rally across the cryptocurrency market. Major altcoins like Ethereum (ETH), XRP and Solana (SOL) are all recording gains, while Celestia (TIA), and Bonk (BONK) are among the top performers in the top 100 coins by market capitalization. Bitcoin

Invezz 2025-07-03 14:43
HYPE coin price surges amid rising bridge deposits, Hyperliquid network updates
The HYPE token, the native asset of the Hyperliquid decentralised exchange (DEX), is experiencing renewed bullish momentum. Over the past three months, the price of HYPE has climbed more than 300%, riding a wave of increasing capital inflows, whale accumulation, and broader enthusiasm for Hyperliquid’s expanding ecosystem. As traders turn their attention to the platform’s growing dominance in the decentralised derivatives market, many are asking whether HYPE has the momentum to reach a new all-time high in the coming weeks. Bridge deposits to the Hyperliquid ecosystem hit record highs One of the key drivers behind HYPE’s recent rally has been the dramatic increase in bridge deposits to the Hyperliquid ecosystem. According to data from Purrsec , bridge deposits have surged from roughly $500 million in late 2024 to nearly $4 billion, reflecting stronger capital efficiency and increased user confidence. These inflows suggest that institutional and retail users alike are becoming more comfortable with Hyperliquid’s infrastructure, which has been upgraded significantly over recent months. With users pouring more capital into the network, the foundation has been laid for deeper liquidity, better trading conditions, and ultimately, stronger price support for HYPE. Upcoming network upgrades boost market confidence At the core of Hyperliquid’s rising influence are major technological upgrades that aim to improve performance and expand its feature set. The upcoming release of CoreWriter is expected to allow HyperEVM-based applications to integrate natively with HyperCore, the high-speed trading engine at the heart of the platform. This development is likely to enhance dApp composability, improve speed, and attract developers building more complex financial products on-chain. Additionally, proposals like HIP-3, which would enable permissionless listing of perpetual markets by stakers, are being closely watched as potential catalysts for increased usage and fee generation. As integration with external protocols like Stargate and Gelato also moves forward, Hyperliquid is positioning itself as a hub for modular and flexible DeFi infrastructure. Institutional and whale accumulation intensifies HYPE’s sharp rise has not gone unnoticed by large holders, with whale wallets and institutional investors accelerating their accumulation strategies. On July 2, HYLQ Strategy Corp., formerly Tony G Co-Investment Holdings Ltd., disclosed the purchase of 3,573.85 HYPE at an average price of $39.59, bringing its total holdings to nearly 29,000 tokens. Meanwhile, on-chain data shows that entities like Nasdaq-listed Lion Group Holding Ltd. and Eyenovia have made multi-million-dollar acquisitions of HYPE in recent months. These moves signal growing institutional confidence in Hyperliquid’s long-term prospects and provide further price stability amid increased trading activity. Surging volume and price action signal breakout potential Recent technical signals suggest that HYPE may be gearing up for another upward leg, as the price currently hovers around $40.487, up 6.3% in the past 24 hours. The token is now trading just 10.7% below its all-time high of $45.57, which was recorded on June 16, 2025. With Bollinger Bands starting to widen and the Relative Strength Index (RSI) at a neutral 58.09, analysts say there is room for further gains if current momentum holds. Hyperliquid price chart| Source: TradingView Support has formed near the 20-day moving average, and should HYPE break above the $41–$42 resistance range, a retest of the all-time high could be imminent. Competitor pressure looms despite strong fundamentals While the fundamentals surrounding HYPE remain solid, some analysts warn that competition from centralised exchanges could create headwinds. Notably, major US trading platforms such as Coinbase and Robinhood are reportedly preparing to enter the perpetuals market, which could impact Hyperliquid’s current dominance. Currently, Hyperliquid accounts for over 75% of the decentralised derivatives trading volume, but regulatory-compliant offerings from American exchanges could shift user preferences. However, many believe Hyperliquid’s higher leverage options, faster listings, and on-chain transparency will help it retain a core user base, even if competitors emerge. The post HYPE coin price surges amid rising bridge deposits, Hyperliquid network updates appeared first on Invezz

Invezz 2025-07-03 14:34
Cardano (ADA) on Rise: Technical and Social Momentum Point to a Bullish Future Beyond $1
The post Cardano (ADA) on Rise: Technical and Social Momentum Point to a Bullish Future Beyond $1 appeared first on Coinpedia Fintech News Cardano has attracted significant attention since the start of the month, with prices surging nearly 9% in the past 24 hours. This surge is backed by robust technical signals and organic community traction, positioning ADA as a top contender among all the altcoins. As the crypto market braces for the next wave, Cardano’s momentum across charts and social platforms hints at a potential breakout. So what’s fueling this rise, and can the ADA price sustain above the gains? Social Sentiment Skyrocketing: Cardano Trending Across all Platforms Cardano isn’t climbing charts, but it is also trending on social media. The platform has recorded over 2 million ADA-related engagements in the past 24 hours, with more than 21,000 unique contributors. Twitter shows more than 1000 daily ADA tweets, with sentiment breaking down as 78% bullish, 5% bearish, and 17% neutral. Besides, platforms like LunarCrush rank Cardano in the top 10 most mentioned tokens. What sets Cardano apart right now is its grassroots strength. Unlike some hyped-up tokens driven by influencers or paid campaigns, ADA’s current surge is powered by content creators, developer interest and community engagement. This is significant because such organic growth tends to lead to sustained interest, especially if matched with ecosystem upgrades or partnerships. Cardano Price Forecast: Is ADA Price Heading Towards $1? Cardano is currently trading around $0.608, showing an impressive 6% daily gain after correcting from over 8%. The token recently bounced off the $0.50 to $0.56 support zone, forming a bullish reversal. Technical indicators are leaning positive, which suggests a rise to 0.7% could be feasible in the coming days. Bollinger bands have squeezed, suggesting a drop in the volatility but this formation usually results in a breakout. Besides, the RSI has rebounded from the lows and seems to be preparing for a parabolic recovery. This could offer a strong bullish push, which may positively impact the ADA price rally in the long term. Meanwhile, if the price clears the resistance zone between $0.602 and $0.6111 to reach the resistance of Bollinger bands, the selling pressure could increase, causing a small pullback. However, the Cardano price has entered a bullish range, which suggests a major upswing could soon follow. Therefore, if ADA maintains this bullish trend and breaks above $0.7, a move to $0.85 and even $1 is plausible in Q3 2025. The market sentiment is cautiously optimistic, hinging on broader altcoin momentum and upcoming Cardano developments. On the contrary, if volume fades and Cardano price drops below $0.56, short-term pullbacks could delay the breakout.

coinpedia 2025-07-03 13:52

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