US Bitcoin spot exchange-traded funds (ETFs) recorded their second-biggest inflow day in history. The Bitcoin ETF infow rate is surpassed only by the day Donald Trump won the US presidential election last November. As Bitcoin (BTC) zoomed past $118k on Friday, the Fear and Greed Index ticked into full “greed” mode, and institutional capital came pouring in. Altcoins also followed the Bitcoin surge, as the cumulative crypto market cap surged by 6% over the last day to stay above $3.67 trillion. Its 24-hour trading volume is up by a massive 67% to hit $246 billion. However, Bitcoin’s dominance is nearing 64% now. Wall Street pours billions into BTC ETFs Data shows that Bitcoin ETFs posted $1.18 billion of inflows on Thursday alone. This has been recorded as the biggest amount of inflow seen since Trump’s election victory. BTC ETFs saw $1.38 billion of inflow on November 7, 2024, the day the US presidential election results were announced. The funds also posted $1.11 billion of inflows on November 11, 2024. BlackRock’s iShares IBIT led the charge with $448 million in net inflows, while Fidelity’s fund wasn’t far behind with $324 million. The incoming fund surge helped to push IBIT’s daily trading volume past $5 billion. It is nearly twice its normal volume, and the second-highest single-day activity across all 11 US Bitcoin ETFs since they launched in 2024. Ark’s ARKB saw $268 million flowing in, while Grayscale’s BTC ETF posted $81 million of inflow. Meanwhile, Grayscale’s GBTC is the only fund that is losing value, as it recorded $40.1 million of withdrawals. Source: Sosovalue Bitcoin’s price has increased 100% over the last year and is currently trading at an average of $117,850. Its 24-hour trading volume spiked by 99% to remain above $123 billion. Bitcoin has a market cap of $2.34 trillion. Ethereum ETFs weren’t left out of the party as they saw $383.1 million in inflows, their second-highest ever. BlackRock’s ETHA ETF smashed its own record with a $300.9 million single-day intake. It traded over $800 million across two days. ETFStore’s Nate Geraci called it a “new daily record,” noting that platforms are still gatekeeping access and that financial advisors have barely begun allocating. Trump to join the ETF frenzy All of this is happening as Bitcoin enters full-blown price discovery mode. BTC just notched its second new all-time high this week, and analysts are throwing out $200K price targets like it’s 2021 again. At the same time, ETH cracked above $3,000 for the first time since February. BlackRock’s ETH ETF traded over $800 million across two days. Amid the ETFs surge, Trump is also throwing his own ETF into the ring. Trump Media has filed with the SEC to launch the “Crypto Blue Chip ETF”. It will reportedly hold 70% BTC, 15% ETH, 8% Solana, 5% XRP, and 2% Cronos. The president who once called Bitcoin “a scam” is now pushing a multi-asset crypto ETF tied to his media empire. It follows earlier reports that the Trump family is neck-deep in crypto investments, including potential stakes in American Bitcoin mining and ties to Ripple. Since Trump took office, the SEC has paused several enforcement actions against crypto firms and unveiled more ETF-friendly guidance. Under his administration, crypto is being rebranded from dangerous shadow finance to digital asset innovation. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
Cryptopolitan 2025-07-11 17:00
The Ethereum Foundation executed a significant over-the-counter sale of 10,000 ETH to SharpLink Gaming at a notable discount just before Ether briefly surged past the $3,000 threshold. This strategic transaction
CoinOtag 2025-07-11 16:57
In the dynamic world of digital assets, corporate moves often signal broader market trends. A recent development that has captured the attention of the cryptocurrency community is the Japanese energy consulting firm Remixpoint’s latest foray into the Bitcoin market. This strategic acquisition is more than just a purchase; it underscores a growing confidence among traditional businesses in the long-term viability and value of digital assets. Remixpoint, already a notable player in the corporate crypto space, has once again demonstrated its unwavering commitment to its Bitcoin investment strategy, solidifying its position as a significant corporate holder of the world’s leading cryptocurrency. Why is Remixpoint BTC Investment a Game Changer? Remixpoint’s decision to purchase an additional 116.72 BTC is not an isolated event but a continuation of a well-defined corporate strategy. This latest acquisition brings their total Bitcoin holdings to an impressive 1,168.28 BTC, as reported by Odaily. For a company primarily known for energy consulting, this substantial commitment to Bitcoin speaks volumes about their outlook on the future of finance and technology. What makes Remixpoint’s move particularly significant? Strategic Diversification: It highlights a trend where companies are looking beyond traditional assets for treasury management, seeking hedges against inflation and alternative growth opportunities. Early Adoption Credibility: Remixpoint was an early corporate adopter of Bitcoin, and their continued accumulation lends credibility to Bitcoin as a legitimate asset class for institutional portfolios. Influence in Japan: As a Japanese firm, their actions can influence other businesses in a country known for its cautious yet progressive stance on cryptocurrency regulation and adoption. Long-Term Vision: Accumulating Bitcoin, especially during market fluctuations, suggests a strong belief in Bitcoin’s long-term value proposition rather than short-term speculation. This ongoing accumulation by Remixpoint is a clear signal to the market that a well-researched and disciplined approach to Bitcoin can be integrated into a company’s financial framework. The Growing Trend of Corporate Bitcoin Holdings Remixpoint is certainly not alone in its pursuit of Bitcoin. Over the past few years, a discernible trend has emerged: publicly traded companies, private enterprises, and even investment funds are increasingly adding Bitcoin to their balance sheets. This phenomenon has transformed Bitcoin from a niche digital currency into a recognized corporate treasury asset. Companies like MicroStrategy, Tesla, and Block (formerly Square) have pioneered this movement, each with their unique motivations: Inflation Hedge: In an era of unprecedented quantitative easing and rising inflation concerns, Bitcoin is often viewed as a scarce asset, akin to digital gold, capable of preserving purchasing power. Growth Potential: Companies see the potential for significant appreciation, viewing Bitcoin as a high-growth asset that can enhance shareholder value over time. Technological Alignment: For tech-forward companies, holding Bitcoin aligns with their innovative ethos and positions them at the forefront of financial technology. Treasury Management: Diversifying cash reserves away from low-yield traditional instruments into a potentially higher-yielding, uncorrelated asset. While the motivations vary, the underlying theme is a growing acceptance of Bitcoin as a legitimate and valuable component of a modern corporate treasury strategy. The transparency of these holdings, often disclosed in financial reports, adds a layer of institutional validation to the cryptocurrency market. Understanding Bitcoin Investment Strategies for Corporations For corporations considering a dive into Bitcoin, the strategy extends beyond a simple purchase. It involves a comprehensive understanding of the asset, its risks, and its potential rewards. Remixpoint’s consistent accumulation points to a disciplined approach that other firms can learn from. Key aspects of a corporate Bitcoin investment strategy include: Risk Assessment and Management: Bitcoin’s volatility is a primary concern. Companies must establish clear risk tolerance levels, potentially hedging strategies, and robust internal controls to manage exposure. Custody Solutions: Secure storage of Bitcoin is paramount. This often involves engaging institutional-grade custodians that offer cold storage, multi-signature wallets, and robust security protocols. Regulatory and Accounting Considerations: Navigating the evolving regulatory landscape and understanding the accounting treatment of Bitcoin (e.g., as an intangible asset) are crucial. This requires expert legal and accounting advice. Board and Shareholder Approval: Such a significant strategic shift often requires buy-in from the board of directors and clear communication with shareholders about the rationale and benefits. Long-Term vs. Short-Term Objectives: Is the Bitcoin held as a long-term treasury asset, or is there a component for active trading? Remixpoint’s consistent additions suggest a long-term holding strategy. A well-thought-out strategy minimizes potential pitfalls and maximizes the benefits of integrating Bitcoin into a corporate balance sheet. It’s not just about buying Bitcoin; it’s about building a resilient and future-proof financial framework. What Does This Mean for Japanese Bitcoin Adoption ? Japan has a unique relationship with cryptocurrency. It was one of the first countries to recognize Bitcoin as legal property and has a well-developed regulatory framework. However, corporate adoption, especially among traditional firms, has been somewhat slower compared to other regions like North America. Remixpoint’s continued and significant Bitcoin investment sends a strong signal within Japan: Building Trust: A reputable energy consulting firm embracing Bitcoin can help build trust and familiarity among other Japanese businesses and the general public, potentially easing skepticism. Setting a Precedent: Remixpoint’s success and transparency with its Bitcoin holdings could encourage other Japanese companies to explore similar strategies, fostering broader corporate adoption. Regulatory Confidence: The fact that a Japanese company is making such large-scale investments within the existing regulatory framework might indirectly affirm the robustness of Japan’s crypto regulations. Innovation Hub: It reinforces Japan’s position as an innovation hub, willing to embrace new technologies and financial paradigms, even in traditional sectors. While one company’s actions don’t define an entire nation’s trajectory, Remixpoint’s consistent moves are undoubtedly a positive indicator for the future of Bitcoin and digital assets in Japan’s corporate landscape. The Future of Corporate BTC Investment Strategy The trend of corporate Bitcoin holdings is likely to continue evolving. As more companies become comfortable with the asset class, we might see increasingly sophisticated strategies emerge. These could include: Broader Asset Classes: Companies might expand beyond Bitcoin to include other major cryptocurrencies or even tokenized assets as part of their treasury. Integrated Crypto Operations: Beyond just holding, companies might start integrating crypto payments, blockchain-based supply chains, or even decentralized finance (DeFi) protocols into their core operations. Enhanced Reporting and Transparency: As regulations mature, there will likely be clearer guidelines for reporting and auditing crypto assets, leading to greater transparency. ESG Considerations: With growing concerns about environmental, social, and governance (ESG) factors, companies might increasingly consider the environmental impact of their Bitcoin holdings, potentially favoring greener mining initiatives. Remixpoint’s proactive stance exemplifies a forward-thinking approach to corporate finance. Their ongoing commitment to Bitcoin is not just about accumulating an asset; it’s about positioning the company for a future where digital assets play a central role in the global economy. This strategic vision, coupled with disciplined execution, sets a compelling example for businesses worldwide contemplating their own journey into the crypto realm. A Bold Step Towards a Digital Future Remixpoint’s latest acquisition of 116.72 BTC, pushing their total holdings to over 1,168 BTC, is a significant event that resonates far beyond the confines of their balance sheet. It is a powerful testament to the growing institutional confidence in Bitcoin as a strategic asset for corporate treasuries. This move by a Japanese energy consulting firm underscores the global nature of Bitcoin adoption and its increasing integration into traditional financial strategies. As more companies like Remixpoint embrace Bitcoin, the landscape of corporate finance is undeniably shifting, paving the way for a more digitally-native and decentralized economic future. Their consistent and expanding Bitcoin investment strategy serves as a beacon, highlighting the potential for long-term value creation and diversification in an ever-evolving market. To learn more about the latest Bitcoin investment trends, explore our article on key developments shaping Bitcoin institutional adoption .
Bitcoin World 2025-07-11 16:50
Bitcoin (BTC) recently reached a new peak, signaling robust market momentum. However, according to Glassnode analytics, the net unrealized profit and loss (NUPL) for long-term holders remains below the typical
CoinOtag 2025-07-11 16:46
Summary Ripple’s pursuit of a national bank charter and Fed Master Account marks a regulatory inflection point, positioning XRP for institutional adoption and compliance. XRP’s resilience and long-term vision have set it apart from peers, with Ripple consistently focusing on bridging traditional finance and blockchain infrastructure. Ripple’s tech stack, including RLUSD stablecoin and asset tokenization, is now enterprise-ready, with growing recognition from major financial institutions. Despite price consolidation, options market activity signals smart money positioning for upside; I rate XRP a strong buy due to asymmetric upside potential. Ripple ( XRP-USD ) has seen a flurry of both product and regulatory updates so far this year. And the company's decade-long push for regulatory clarity seems to be reaching the most pivotal moment, with the CEO Brad Garlinghouse testifying in front of the Senate Banking Committee in Congress this week, and this follows Ripple’s announced formal application to the Office of the Comptroller of the Currency [OCC] for a national bank charter earlier this month. Ripple has always been regarded as a frontrunner in facilitating dialogue between the crypto industry and regulators. XRP has been (and still is) an interesting and resilient cryptocurrency among the top 10 cryptocurrencies. What piques me about XRP is the consistent resilience it has shown despite the skepticism in the early years of the crypto market, where we had more “ Bitcoin maximalists. ” XRP was often dismissed as an outlier because of the large supply of XRP held by Ripple (the company), and the company's influence on governance and in the development of the Ripple Network. This created a perceived centralization risk. Ripple’s management has had to clear the air about the network’s decentralized validator model on several occasions. I believe that today, most of the early “maxis” would concede that crypto cannot remain a siloed parallel system if it’s ever going to be adopted at scale by institutional finance. I was once a maxi too, and thought Ripple was too centralized to be taken as a trustless crypto network, but old things are passed away. Below is an X post I made back in 2019 , drawing a comparison between the now-abandoned Meta’s ( META ) (then Facebook) Libra Coin project (later renamed Diem) and the perceived centralization of XRP at the time. Well, Libra failed to gain any traction, but XRP still stands tall. I view XRP through a different lens now, as the broader crypto adoption has become less about the early decentralization dogma. Crypto adoption has evolved to prioritize regulatory compliance and interoperability with traditional finance systems. when author was a maxi :) (X) Despite the early concerns (or misconceptions, as Ripple’s management calls it) surrounding the governance structure of the Ripple network, XRP has held strong and has remained among the top 10 cryptocurrencies for over a decade. Several other top-ranking cryptocurrencies that faced similar scrutiny from early maxis have not fared nearly as well. Examples of formerly top cryptocurrencies like IOTA ( MIOTA-USD ) - which faced regulatory and adoption challenges due to its heavy reliance on the IOTA Foundation and the centralized risk it posed, EOS ( EOS-USD ) - a highly visible project that raised over $4 billion in its 2017–2018 ICO but was later criticized for its delegated proof-of-stake [DPoS] model where just a handful of block producers controlled governance, and NEO ( NEO-USD ) - similarly scrutinized for centralized node control and token unlocks managed by the NEO Foundation. All of the aforementioned cryptocurrencies (which faced similar criticism as XRP) have mostly lost traction and fallen off the top 100 cryptocurrencies by market cap ranking despite their high-profile launches and significant early backing. Some have since rebranded, but they remain largely irrelevant in most of today’s crypto conversation. There is something notably enduring about the company behind the Ripple network and XRP. The company has a kind of long-game conviction that is rare in the crypto space. We see companies or developers behind crypto projects pivot in almost every market cycle to make their blockchain network the go-to platform for the trending narrative. When NFTs were an explosive narrative, several other blockchain networks were reengineering themselves to chase the NFT trend. And more recently, as AI has become an anchor narrative, we’ve seen a slew of AI token launches and protocol pivots designed to capture attention in the decentralized AI narrative. But for Ripple Labs, it has always been about its day-one vision of modernizing cross-border finance using blockchain infrastructure and bridging the gap between traditional finance and decentralized payment rails. Every follow-up product in the Ripple ecosystem has been tied to this foundational thesis. Ripple has not only survived but matured while others faded, and it is now nearing its regulatory inflection point. At this juncture, based on all of Ripple's product updates in the past year and the recent application for a banking license, the company is doubling down on its original theme of bridging traditional finance with blockchain rails and modernizing global finance through blockchain tech. In every sub-narrative that is related to Ripple's overarching theme of bridging traditional finance with blockchain rails, Ripple has not been found wanting in terms of products. Ripple has, at the minimum, launched products that sit well among the competition in the current two most important verticals that bridge traditional finance and blockchain tech - stablecoins and asset tokenization. You can't talk about modernizing traditional finance without stablecoins and asset tokenization. The launch of the RLUSD stablecoin late last year couldn't have come at a much better time, with the GENIUS Act recently passed, now pending House approval, and Ripple’s ongoing push for regulatory compliance placing its stablecoin in a prime position for adoption. RLUSD currently has around $500 million in market cap. Though it is still modest compared to Tether ( USDT-USD ) or Circle’s ( CRCL ) USCoin ( USDC-USD ) with $159 billion and $62 billion in market cap, respectively, Ripple’s decade-long push for regulatory clarity, combined with the tech and regulatory stack it has built over the years, means the prospect for enterprise-grade, compliant stablecoin adoption is now stronger than ever. RLUSD is a strong contender because it was built on a compliance structure. Asset tokenization on the Ripple Ledger has quietly matured, and the ledger is becoming recognized as a go-to RWA tokenization platform. I caught the early signals of tokenization on XRP Ledger and the opportunities it presented, and I wrote about it in one of my Ripple coverages last year titled: “ Ripple: Asset Tokenization Presents Fresh Catalyst .” That piece has aged well, and since that publication in February last year, XRP is up an impressive 370%. Ripple has not been left behind its peer blockchains in the broader conversation of asset tokenization. Just like peers like Ethereum ( ETH-USD ) and Avalanche ( AVAX-USD ) are seeing growing institutional experimentation, Ripple is also seeing accelerating traction in the RWA narrative on its network. And the notable thing is that Ripple is being recognized by major financial institutions as a potential backbone infrastructure for RWA. Bitwise recently highlighted tokenization on the XRP Ledger as a strong tokenization platform. To further weave together the tech stack, Ripple recently integrated Wormhole into the XRP Ledger, giving developers and institutions seamless cross-chain interoperability to move tokenized assets across ecosystems. Ripple’s tech stack (especially after Wormhole integration) is at its peak utility to date. Then, the banking license (which I call the keystone piece in Ripple's playbook) is the regulatory interlock that could activate the mass adoption of and institutionalization of all of Ripple’s tech infrastructure built over the past decade. You see where it’s all converging? How The Banking License Changes Everything For Ripple I strongly believe at this point that the banking license is within reach for Ripple. Anchorage Digital already holds a national trust charter from the OCC , and has since operated as a federally chartered crypto bank, setting a regulatory precedent that strengthens Ripple’s case. Anchorage also cleared the regulatory hurdle to secure the BitLicense from the New York State Department of Financial Services [NYSDFS] late last year. Ripple is also looking at this dual oversight on the state level through NYSDFS' BitLicense and the federal level via the bank charter. Another icing on Ripple's regulatory stack is that it is pursuing a Fed Master Account, which, if approved, would give Ripple the authority to custody RLUSD directly with the Fed. Empowered by this, RLUSD would effectively become one of the most institutionally sound stablecoins in the market, backed by both fiat and by infrastructure tied directly to the U.S. central banking system. And I think the bigger picture will be that Ripple's rails will potentially have direct access to Fed clearing systems like ACH and Fedwire, placing it on the same foundational level as traditional banks. Furthermore, the bank charter would potentially give Ripple the legal authority to act as a fiduciary custodian for tokenized assets. The banking license and the Fed Master Account tie every single thread together for Ripple. XRP’s Consolidation: Smart Money Is Positioning for A Stir The market seems not to be pricing the bigger picture into XRP yet, especially considering crypto's broader momentum so far this month and since the application for a banking license was announced earlier this month. XRP has been consolidating above $2 for several weeks. But what's impressive when you zoom out is that XRP has held well above that price for most of the year, since last November's meteoric rise of nearly 300%. XRP meteoric rise in Nov. 2024, followed by ranging between $2 and $3 (Seeking Alpha) XRP’s consolidation between $2 and $3 for most of 2025 has most likely frustrated retail sentiment and created a false impression that XRP is underperforming. Like I said earlier, XRP has held well above $2 for most of the year. XRP’s spot open price in November last year was $0.51; since XRP closed that month at $1.94, it has held and ranged strongly above that level. In fact, XRP dipped below $2 only in the second week of April, when the U.S.-China tariff war was in full swing. While XRP price action could seem boring to retail lately, traders on volatility desks are telling a different story through the options market. XRP notional open interest on Deribit keeps surging over the last weeks, and the notional value of open interest in XRP has climbed by 45% in two weeks, from $71 million about two weeks ago to $103 million as of writing (July 11). And the flows have skewed bullish, as there are currently way higher calls than puts. The put/call ratio is currently 0.37, suggesting that traders are overwhelmingly positioning for upside. Open interest in XRP options (Deribit) From the preceding Deribit dashboard screenshot, we can see a growing number of calls around the higher strike prices, compared to fewer puts at the lower strike prices. And notably, at $3 strike prices, there are 3,024 calls at $7.8 million notional value. And at $4 and $4.2 strike prices, there are 5,200 combined calls, and some speculative positioning is even appearing at the $6 to $7 strike range. Risks With the prospects for a banking license and mass adoption laid bare in this article, it is only fair to mention that there are always risks associated with holding or trading cryptocurrencies, including XRP. The onus of approving any of the licenses lies with regulators, and there is no guarantee that such approval will finally come to fruition. There is some speculation baked into the thesis. Also, while the crypto market appears to be in a rebound phase, with Bitcoin ( BTC-USD ) setting a new all-time high above $118,000, and ETH trading slightly above $3,000, there is still a forward-looking macro risk from tariffs. News outlets reported that the earlier July 9 deadline for reciprocal tariff decisions was moved to August 1, which is just a few weeks away. That risk, and the potential reaction from the broader market if tariff tensions re-escalate, still looms largely. I personally feel that we are not yet out of the tariff overhang until some clear trade deals are announced or negotiations visibly progress. Takeaway I think XRP is fundamentally stronger today than it was during its last bull run, but it is priced as if nothing much has changed. If ongoing positive sentiment in the crypto space catches up to what Ripple has built, and more importantly, if the banking license and the Fed Master Account gain approval, XRP has the potential for one of the most dramatic re-ratings among top altcoins. Excerpt from a previous Seeking Alpha coverage (Seeking Alpha) As the options market shows, smart money is slowly positioning. In one of my previous coverages of XRP, I mentioned that XRP wasn't one of my favorite altcoins for this market cycle, but I still rated it a buy because of the post-election momentum cryptocurrencies were seeing at the time. Since then, the GENIUS Act has passed the first approval phase and will likely head to President Trump's desk. Ripple's banking license push has more credibility and momentum to it than it ever had, and the price has been under heavy consolidation. Based on these developments and the asymmetric upside potential here, I believe that XRP is a strong buy at these levels.
Seeking Alpha 2025-07-11 16:45
More on Binance Coin USD Binance (BNB-USD): Its Future Through On-Chain Metrics EU regulator warns of ‘halo effect’ risk from licensed crypto firms Binance founders' fund supports U.S. BNB treasury company Financial information for Binance Coin USD
Seeking Alpha 2025-07-11 16:31
As bitcoin climbed to a fresh record of $118,839, a long-dormant stash dating back to 2013 suddenly sprang to life—400 BTC moved for the first time in well over 12 years. Whale Reawakens: Dormant 2013 Bitcoin Cache Moves to a Custodian The blockchain parser btcparser.com shows a sizable trove of dormant coins stirred to life
Bitcoin.com 2025-07-11 16:30
Bitcoin approaches its all-time high, hinting at a bullish wave. S&P 500 peaks might encourage cryptocurrency investors toward new highs. Continue Reading: Bitcoin Poised for Major Bull Run as Market Dynamics Shift The post Bitcoin Poised for Major Bull Run as Market Dynamics Shift appeared first on COINTURK NEWS .
CoinTurk News 2025-07-11 16:19
Dogecoin (DOGE) has experienced a notable surge, climbing for the fourth consecutive day amid a broader bullish trend in the cryptocurrency market. Trading volume for Dogecoin has increased significantly, signaling
CoinOtag 2025-07-11 16:11
Charles Hoskinson, the visionary founder of Cardano, has reignited his bold prediction for Bitcoin, suggesting the world’s leading cryptocurrency could eventually reach an astounding $250,000. This optimistic forecast gains fresh momentum following Bitcoin’s recent surge past the $118,000 mark and is largely contingent on pivotal legislative developments expected in the United States. Landmark Crypto Bills … Continue reading "Cardano Founder Charles Hoskinson Predicts Bitcoin Could Soar to $250,000" The post Cardano Founder Charles Hoskinson Predicts Bitcoin Could Soar to $250,000 appeared first on Cryptoknowmics-Crypto News and Media Platform .
Cryptoknowmics 2025-07-11 16:02
Bitcoin has officially broken through its previous all-time high of $112,000, surging to $118,000 just hours ago and entering uncharted territory for the first time since late May. The breakout confirms bullish momentum after weeks of consolidation and failed attempts, with price action now showing clear strength. With the psychological and technical barrier of $112K cleared, many analysts believe this move could mark the beginning of Bitcoin’s next expansive rally. Related Reading: Altcoins Jump Off Critical Support Level – Relief Or Reversal? Bulls are firmly in control, and on-chain metrics support this breakout narrative. According to fresh data from CryptoQuant, the MVRV (Market Value to Realized Value) Extreme Deviation Pricing Bands currently stand at 2.25. Historically, Bitcoin enters the overheated zone around 3.0 or higher, suggesting there is still room for growth before reaching excessive valuation territory. This metric, which measures the deviation between market price and realized value, helps identify when BTC is overbought or undervalued relative to past performance. At current levels, the data points to continued upside potential without major overheating concerns, fueling confidence that this breakout could extend further. Bitcoin Enters Expansion Phase As Market Eyes $130K After weeks of tight consolidation below the $110,000 mark, Bitcoin has finally broken out, signaling the start of a new market phase. The breakout above previous highs has reignited investor optimism, not only for BTC but also for the broader altcoin market, with many altcoins now pushing above key resistance levels for the first time in months. This move comes amid growing anticipation of a weakening US dollar and renewed inflationary pressures as Washington adopts looser fiscal policies. The market is increasingly pricing in the effects of tax cuts, high government spending, and dovish political rhetoric—all of which create a favorable environment for risk assets like Bitcoin. Still, the macro backdrop is not without risks. US Treasury yields remain elevated, flashing warnings of underlying systemic stress in credit markets. This tension underscores the fragility of the current rally and the importance of monitoring fundamental shifts. Top analyst Axel Adler shared insights using the MVRV oscillator, a model that compares Bitcoin’s market value to its realized value. According to Adler, historical data over the last four years suggests that when MVRV reaches 2.75, Bitcoin tends to face its first wave of meaningful selling pressure. If the same pattern holds true in this cycle, Bitcoin could reach approximately $130,900 before seeing notable profit-taking activity. While the current MVRV reading remains below that threshold, the model offers a clear signal of where long-term holders may begin offloading. Until then, the breakout sets the stage for a potential leg higher, with bulls now in control, pushing toward price discovery and a possible test of the $130K zone. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason BTC Enters Uncharted Territory With Strong Momentum Bitcoin has officially broken into price discovery after blasting through its all-time high resistance near $112,000. The 3-day chart shows a massive bullish candle pushing BTC up to $118,683, representing an 8.94% gain in the last session. This breakout is the first clear sign of a strong bullish continuation after weeks of sideways consolidation below key resistance. The chart highlights a textbook breakout structure. BTC respected the $103,600 and $109,300 support zones multiple times throughout May and June before finally gaining enough momentum to pierce through the upper resistance. The recent surge came with a noticeable spike in volume, adding confidence to the breakout’s sustainability. Moving averages also confirm the bullish trend. The 50, 100, and 200 SMA lines remain aligned upward with increasing separation, suggesting that market structure remains strong and trend continuation is likely. Bitcoin is now trading well above all major moving averages, reinforcing the strength of the rally. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape With no historical resistance levels above, BTC enters a price discovery phase. The next psychological target for bulls will likely be $120,000, followed by the MVRV-based resistance level around $130,900. As long as BTC holds above $112K, the momentum remains decisively in favor of the bulls. Featured image from Dall-E, chart from TradingView
NewsBTC 2025-07-11 16:00
Spot Bitcoin ETFs have witnessed an unprecedented surge in daily trading volume, signaling a pivotal moment for institutional adoption in the cryptocurrency market. Leading financial giants BlackRock and Fidelity have
CoinOtag 2025-07-11 16:00
Bitcoin Poised for Major Bull Run as Market Dynamics Shift
