Over the last thirty days, many institutions have been loading up their bitcoin (BTC) bags. However, these purchases have had no major impact on the price of the leading digital asset. This has sparked concerns among market participants. Many are wondering why BTC has been stuck within a tight range since it hit an all-time high (ATH) in late May. A recent report by the market intelligence firm CryptoQuant revealed the reason for the weak price momentum despite persistent institutional demand, which analysts say is currently not enough. BTC Stalls Despite Institutional Demand According to CryptoQuant, BTC purchases from U.S.-based exchange-traded funds (ETFs) and corporate treasuries belonging to firms like Strategy have declined this year compared to the period from November to December 2024. ETF purchases have decreased from 86,000 BTC in early December to 71,000 BTC in mid-May, and are currently at 40,000 BTC. The trend represents a 53% decline over this period. At the same time, Strategy’s acquisitions have also dropped from 171,000 BTC in December to 16,000 BTC currently. This shows a 90% plunge over the period. Although institutional purchases and ETF flows have kept BTC above $100,000 for a while, further declines could slow price gains. This could be exacerbated by the fact that ETF and institutional buys represent a fraction of the overall BTC demand, which seems to be contracting. At the market’s peak in December, ETF and institutional purchases represented 33% of total Bitcoin demand growth. These entities purchased no more than 257,000 BTC out of the total 771,000 BTC. This indicated that the Bitcoin market had a bigger and unobservable demand coming from other sources. Overall Demand is Contracting Currently, the overall demand for BTC is contracting , having declined by 895,000 BTC over the last 30 days. This metric needs to expand for a sustainable price rally to occur. However, the demand level from institutions right now is not enough to trigger that expansion. CryptoQuant stated that Bitcoin’s annual growth chart reflects how ETF and institutional purchases account for only a portion of demand. Apparent demand has also contracted by 857,000 BTC, significantly offsetting the expansion of ETF and institutional demand (377,000 BTC and 371,000 BTC, respectively). “The bottom line is that ETFs and MSTR’s Bitcoin purchase, while overall positive for Bitcoin price gains, are not sufficient to drive prices to fresh all-time highs,” the market intelligence firm added. The post Bulls vs. Bears: Institutions Pile Up BTC But Price Doesn’t go up, Why? appeared first on CryptoPotato .

2025-07-07 00:45

If pseudonymous analyst Weslad is to be believed, Ethereum (ETH) is caught in a tug-of-war between wildly differing futures: a historic surge past $6,000 or a soul-sapping plunge to $1,800. The market technician claims that ETH is completing a massive ABCDE wave structure within a years-long “symmetrical pennant,” which can only mean one thing: explosion. The Roaring Bull Case In a recent breakdown , Weslad explained that Ethereum’s price action since its $4,851 all-time high has formed a giant consolidation pattern. According to him, this structure is now approaching a critical inflection point known as wave D, testing its upper boundary. At the same time, a bullish Inverse Head and Shoulders (IH&S) pattern is emerging on the daily chart, with its neckline acting as stubborn resistance near $2,855. This technical confluence suggests a coiled spring ready to unleash tremendous energy into the market, leading the analyst to state unequivocally: “A confirmed breakout above the neckline [$2,855] would likely validate both the IH&S and the breakout from wave D, setting the stage for a potential expansion move toward the $6,000 target and beyond.” Weslad’s audacious target found an ally in fellow strategist Jeremy Fielder, who declared in a video posted on X: “We’re looking at $6,500 Ethereum by the end of the year and then a possible 10,000 Ethereum in early next year… Regulation is now pro-crypto. That’s all you need to know.” He based his argument on the accelerating adoption of Web3 and a favorable regulatory shift, dismissing granular metrics in favor of a sweeping bullish tide. While not as lofty a milestone as Weslad’s and Fielder’s, market watcher Titan of Crypto’s $4,100 target is not far off the ballpark. His thesis is hinged on Ethereum’s successful recovery back inside its crucial weekly trading range, noting that momentum is building towards the range high. Looming Bear Trap But don’t celebrate just yet. Weslad’s otherwise bullish analysis also comes with a stark warning for the downside scenario. He suggested that if ETH faces rejection at the critical $2,855 neckline resistance or the upper boundary of the pennant, a retracement into wave E becomes highly probable. According to him, this trajectory would drag the price down towards a “high-confluence demand zone” spanning $1,400 to $1,800. That’s a potential 40% collapse from current levels. The post Ethereum Price to Hit $6K This Year? Analysts Make Bold Call appeared first on CryptoPotato .

2025-07-06 21:33

The team behind Toncoin has partnered with the UAE to offer a 10-year golden visa for participants who want to stake $100,000 worth of TON for at least three years. Somewhat expected, the underlying asset experienced a sudden price pump when the news came out, hitting a multi-week peak. The details from the announcement read that the $100,000 worth of TON, which will be staked for three years, will remain “fully yours” and will be available to the user after the period ends. Moreover, the team offers an estimated APY of 3-4% during this timeframe. The entire process is done “through a decentralized smart contract, fully verifiable on [the] TON blockchain.” Users need to submit their application and stake the assets, which will lead to a confirmation and review process. Toncoin’s visa issuing partner in the UAE will review the details and “guide you through the final steps.” The entire procedure should take up to seven weeks, the statement said. Future UAE residents do not need to purchase real estate ot meet income thresholds. Moreover, the visa will include their spouse, children, and parents for no extra cost (only the standard government fee applies). According to the announcement, staking TON will be significantly less expensive and time-consuming than receiving a traditional golden visa, which could take up to six months and cost over $500,000. TON’s price reacted immediately after the news started trending, and surged by double digits at one point. Consequently, the asset tapped a 19-day peak of well over $3 before it corrected slightly to $2.93 as of press time. TONUSD. Source: CoinGecko The post Toncoin Hits 19-Day High Following UAE Visa Offer for $100K in Staked TON appeared first on CryptoPotato .

2025-07-06 16:41

TL;DR Ripple’s price actions are a big prediction topic within the cryptocurrency community, with analysts and believers rushing to offer their insights and forecasts. However, we decided to take a different approach this time and asked four of the biggest AI chatbots (ChatGPT, Perplexity, Grok, and Gemini) about their take on the matter. 2025 Price Targets All four AI solutions seemed very coherent about XRP’s price potential this year, as Perplexity explained it: “Ripple’s (XRP) price in 2025 is broadly expected to rise significantly from current levels, with expert forecasts varying but generally bullish.” Although Ripple’s cross-border token has stalled in the past few months and is actually slightly in the red since the start of the year, all AIs had similar conclusions about its price moves until the end of the year. ChatGPT laid out three potential scenarios, with the conservative one being at $3.4, which would match the asset’s all-time (and yearly) high. The optimistic is set at $5-$6, and the “aggressive forecasts” put the token at $10-$15 by the end of the year. Google’s Gemini had similar ideas in mind, saying that “a realistic high could be in the $5-$10 range.” Perplexity also joined the $5-$10 club, which could be reached under “favorable conditions” (more on that later). Grok was slightly more specific and was the only one that said XRP can finish the year lower than its current price tag. It noted that a “realistic price range” for the asset this year is somewhere between $1.8 and $5.81. Although that’s a pretty wide range, it concluded that the most likely peak will come somewhere between $3 and $4.5. The Favorable Conditions When it came down to outlining the factors that could impact XRP’s price moves this year, the AIs were once again aligned in their answers. First, they mentioned regulatory clarity and the official conclusion of the lawsuit against the SEC. Although Ripple CEO Brad Garlinghouse stated in March that the case had been resolved and there had been several developments on the matter, the judge overseeing the case has yet to agree fully . Second, the AIs brought up institutional adoption and bullish partnerships, such as those with Santander, SBI Holdings, and others. A spot XRP ETF will also play a significant role in the asset’s price trajectory this year, if approved, said the chatbots. According to ETF experts, the current odds stand at nearly 100%. Lastly, the AI solutions highlighted the overall crypto market trends: “Bitcoin’s post-halving performance and a pro-crypto U.S. administration under President Trump could fuel bullish sentiment across the crypto market, benefiting XRP,” – answered Grok, which was similar to what the others had to say. Despite these bullish predictions for 2025, all four chatbots clarified that these are just that – speculative forecasts that might or might not come to fruition. Investors should do their own research before allocating funds to any cryptocurrency (or other asset, for that matter). The post We Asked 4 AIs How High Ripple (XRP) Will Go in 2025: The Answers Might Shock You appeared first on CryptoPotato .

2025-07-06 14:46

TL;DR The popular meme coin skyrocketed in the past few days, gaining over 50% and shooting up to a monthly peak of over $0.000022 at one point. Although there are no clear announcements from the team that could have fueled this big surge, the crowd remains positive, and analysts believe more gains are on the horizon. BONKUSD. Source: CoinGecko It was just a few weeks ago when BONK’s price struggled at $0.000012, and hope was fading rapidly. However, the tides turned in a spectacular manner in the next weeks, especially in the last few days, and BONK is now fighting with TRUMP for the spot of the fourth-largest meme coin by market cap. There are no major announcements from the team that could be the actual reason behind this impressive price surge lately. However, the one that stands out the most (but is unlikely to be related to the price pump) is aimed at owners of the Gen1 Solana Mobile device. As it reads, the team urged users to claim tokens as all unclaimed ones will be returned to the DAO for “future incentives.” ATTENTION @solanamobile Saga owners With the launch of Solana Seeker, the Gen1 Solana Mobile device has finished it’s redemption period and is officially discontinued. After monitoring the slowdown of claims on the $BONK App in the Solana Mobile store, The Saga BONK claim… pic.twitter.com/nfXYJhi9ep — BONK!!! (@bonk_inu) July 1, 2025 Some crypto analysts on X were quick to pick up the grand price move and predicted that “it’s only a matter of time” before BONK breaks a descending trendline and heads for a new all-time high. Despite its recent price surge, though, the meme coin is more than 60% away from its ATH, which was tapped on November 20 at $0.00005825. Although this sounds like a big task for BONK, other X users outlined several reasons that could propel such a massive price surge, including the growing token burns and the utilization of meme coin platform – bonk_fun. $BONK weekly volume now are similar to the swing low of April 7th, and it 3xed in the next 30 days. This was when @bonk_fun wasn’t launched yet. If 26 price resistance broken and confirms as support, then time for $BONK to 5x to 10x in the next 30 days? A few catalysts for it… pic.twitter.com/H5ymExtP0V — jim (@jimmyhumania_) July 6, 2025 The post Why Is BONK’s Price Up by 50% Weekly? appeared first on CryptoPotato .

2025-07-06 13:32

Bitcoin’s stagnation continues as the asset has made little to no attempt to move away from the $108,000 level. While most larger-cap alts have produced insignificant gains, TON and BONK have emerged as the biggest gainers on a relatively calm Sunday morning. BTC Calm at $108K It has been a quiet period for the primary cryptocurrency. In fact, the latest major price moves came about two weeks ago – on June 23 and 24 – when it dumped to $98,000 before it soared past $105,000 a day later as the Middle East war was going rampantly. Ever since then, though, the asset has been stuck in a tight trading range between $105,000 and $110,000. It tested the lower boundary on Wednesday, where the bulls stepped up and pushed it south toward the upper one. On Thursday, BTC showed signs of a breakout attempt when it spiked to a multi-week peak of $110,500, but the bears stepped up at this point and didn’t allow a surge to a new all-time high. The landscape has been somewhat unchanged since then, as bitcoin quickly returned to $108,000 and has not moved from that level for a few days. Its market capitalization stands strong at $2.150 trillion, while its dominance over the alts is at over 63% on CG. BTCUSD. Source: TradingView BONK on the Run As the graph below will demonstrate, most larger-cap alts are slightly in the green on a daily scale. Such minor increases are evident from the likes of ETH, BNB, SOL, TRX, DOGE, ADA, BCH, LINK, and XRP. In contrast, HYPE and PI have lost some traction over the past 24 hours. The biggest gainers are TON and BONK. The former has risen by over 9% and sits at $3, while the meme coin has exploded by 20% and now trades at $0.000022. The cumulative market cap of all crypto assets has remained relatively stable at $3.4 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post BONK Explodes by 20% Daily as Bitcoin (BTC) Remains Solid at $108K: Weekend Watch appeared first on CryptoPotato .

2025-07-06 11:54

TL;DR Ripple’s cross-border token had a stellar Q4 24 and early Q1 25 but stalled in the following months, and its consolidation phase has not ended yet. However, analysts are adamant that the asset can unlock major gains, as long as it reclaims a key resistance level. The key resistance level for $XRP is $2.38. Breaking above it could trigger a major move! pic.twitter.com/mwpqKBxJKV — Ali (@ali_charts) July 4, 2025 Basing his analysis on XRP’s UTXO, Ali Martinez determined that this pivotal level is situated at $2.38, where the fourth-largest cryptocurrency faced several rejections in the past few months. However, a conclusive breakout above it could send the token flying, he added. Shortly after, the analyst with almost 140,000 followers on X indicated that XRP can surge to $2.6 as long as it reclaims $2.33. BitGuru also outlined the significance of the same two major resistance lines, saying the asset was rejected at the lower one after it confirmed an “inverse head and shoulders and triple bottom pattern.” With XRP now testing the $2.23 support, the doors open for a surge back to $2.33 as long as it can remain above it, BitGuru added. Elite Crypto’s analysis is similar to that of Martinez, as they noted that XRP is “showing a strong bullish setup.” They added that “the price is consistently respecting the horizontal support and now approaching the downtrend resistance.” The analyst predicted that a breakout from this obstacle could result in a massive price surge for Ripple’s token, perhaps to and above the $3.4 all-time high. $XRP is showing a strong bullish setup as the price is consistently respecting the horizontal support and now approaching the downtrend resistance. A breakout from this zone could lead to a sharp upward move toward the $3.50 range which has acted as a previous resistance level.… pic.twitter.com/TRXv9tYe3n — Elite Crypto (@TheEliteCrypto) July 5, 2025 The post XRP Price Builds Bullish Momentum: Watch This Resistance Level Closely appeared first on CryptoPotato .

2025-07-06 10:40

June was a lackluster month for crypto market gains amid global uncertainty looming over international tariff policy and the future direction of US central bank rates. US Stocks Outpaced Ethereum In June For the 30 day window ending Friday, Jun. 27, the S&P 500 Index gained +4.25%. The push overcame serious resistance from the tariff nail biters and took the broad US stock benchmark to a historic record close Friday. But after running from $76,200 on 4/8 to $111,600 on 5/22, a +46% gain in a little over a month, Bitcoin’s price took some time to cool down in June. The cryptocurrency charted minor gains, which could be seen as a positive in the face of massive international turmoils and geopolitical shocks. Meanwhile, Ethereum corrected by 24% before bouncing off the Jun. 22 support to finalize a 2% loss for the 30 days ending Friday, Jun. 30th. So does ETH have a problem that Bitcoin doesn’t? Not really. Ethereum is a smaller currency by market cap, about 14% of Bitcoin’s size. Traders still perceive it as a more speculative bet. So it tends to move in the same direction as BTC — by larger percentages. That means on the way down, losses are frequently greater. But on the way up, gains are often greater too. For example, during the crypto market’s rally from early April through early June, Bitcoin made a +46% gain. But during the same rally, Ethereum gained +100%, rising from the $1,400 handle to the $2,800 level. Bitcoin and Ethereum Rainbow Charts Double rainbow all the way across the sky? Bitcoin is by and large the biggest leading indicator for the rest of the crypto market’s prices, including Ethereum. It appears to have a long ways to go before topping out this year or next. Based on popular and authoritative analysts’ price targets for Bitcoin in 2025, it’s pacing to enter July and Q3 at 50% to 66% of its peak price before this cycle is over. That means it could double or gain by half again its June price levels before the year is over. Standard Chartered, Bernstein, Galaxy Digital, and Peter Brandt all expect $150,000 to $200,000 for BTC sometime in the next six months. Bitcoin’s long-term price trend rainbow chart confirms these projections. Meanwhile, Ethereum’s own long-term trend chart is shaping up to signal a three-peat of a multi-year trend. If it happens the way it did the last two major market cycles, this Ether prices could be primed to rise by more than Bitcoin’s during the next big monthly rally. Source: X If it turns out to be Bitcoin’s final push for its peak on this cycle as market watchers expect, Ethereum’s gains could signal the start of this cycle’s alt season in meme coins and Layer 2 app tokens. In addition to the market technical setup for ETH prices in Q3, here are four further bullish signals supporting the leading smart contract platform’s price gains in July. 1. Who Will Win Ethereum L2 Fee Wars? Ethereum’s price has taken time to absorb the shock of the Dencun upgrade on Mar. 13, 2024. The upgrade lowers rates for Layer 2 apps to lock in tranches of transaction updates with the base layer chain. In the 15 months since, developers have deployed a number of new apps with currencies that offer Ethereum services for lower fees. The base chain’s fee revenue dropped from $30 million annually to $500,000 by Q1 of this year. That saves users money, but a lot of Ethereum stakers who had their money parked in staking contracts to earn that fee revenue felt inclined to move it somewhere that it could still earn returns on their savings. This is a massive factor in Ethereum’s sluggish price growth compared to Bitcoin’s over the past year. But it’s not that the latter is falling behind its competitors like Solana and Ripple. When factoring in the growth of the post-Dencun L2 coins on Ethereum— like Mantle (MNT), POL (POL), Arbitrum (ARB), Optimism (OP), Movement (MOVE), and Starknet (STRK)— the money mostly didn’t leave Ethereum and go to its competitors. It went to another layer, powered by and supporting the base chain. For that reason, Ethereum may be undervalued by a large number of the cryptocurrency market’s headline readers that don’t understand what happened. Ethereum Identity Crisis? Some have referred in the mean time to this awkward stage in Ethereum’s growth as an identity crisis. It’s an open platform and anyone can build on it in any way that the code can handle. The question for Vitalik Buterin and crypto market investors who show up to value early is: Will one of the slew of Ethereum scale and fee apps, some new app we haven’t heard of yet, or an upgrade be what implements the best ultra long term, future proof, platform-wide standardizations that define the network’s global advantages? Find the answer to that question and you’re doing some real work. 2. SharpLink $30M ETH Buy In another positive development, the corporate treasury race that started for Bitcoin supplies continues to rock the Ethereum markets. SharpLink Gaming, bought another $30 million worth of ETH just before the Ether price chart threw a small cup and handle pattern. But why does this matter? Well, let’s see what happened to STrategy. Led by founder and executive chairman Michael Saylor, Tyson’s Corner, Virginia-based Strategy Inc. and Bitcoin have both benefited from the company’s pivot in 2020 to simply pile up as much BTC as it can hold on to forever. As a result of the cryptocurrency’s increasing popularity with investors since then, MSTR stock rallied 566% in under 11 months from $63 per share on Jan. 5, 2024 to a price peak of $420 on Nov. 22, 2024. Over that same time, the S&P 500 Index rallied 27% from the 4697 level to 5969. Every $100 spent on Strategy stock on Jan. 5 last year could be sold for $666 dollars on Nov. 22, paying back buyers $566 for saving their $100 with MSTR shares for a term of 11 months. That’s like a downpayment on a new car lease with a high credit score. Meanwhile, $100 spent on an S&P 500 ETF would have returned buyers $27. That’s more like a cheap dinner out for two. All for the same hundred bucks and the same 11 months. That suggests regulated Wall Street investors wanted on to the Bitcoin bandwagon and found a way in Strategy stocks. Seeing the bullishness of corporate finance, Internet crypto markets were now racing Strategy to accumulate a scarce supply of BTC tokens. Now, SharpLink is doing it again with ETH. The company’s stocks spiked over 8 days in late May from $3.76 per share to just under $80 a share as Wall Street rewarded the former gaming company for pivoting to accumulating a regulated corporate Ether treasury. 3. $39M ETH Whale Bite Meanwhile, an Ethereum whale took a $39 million chomp out of the crypto dip on 6/22. Ethereum’s forward outlook was too good for this whale not to bite at that 24% off discount tag. Every token is a vote with a daily trading value that fluctuates on a global open market of crypto exchanges. Participants “vote” by locking, unlocking, moving, and swapping currencies, as often as they like, any time they like. When crypto investors take Ether tokens off a crypto exchange, the remaining supply of ETH tends to attract higher prices at the point of sale. But when they stake ETH for yield, it creates even more support. 4. Bit Digital Drops $34M BTC for ETH Not to be outdone by SharpLink, publicly traded, New York-based blockchain company Bit Digital, announced on 6/25 it is giving up $34 million worth of BTC tokens to move the proceeds into Ether and develop staking strategies. They might profit well from determining in advance of the overall market which of the Ethereum scale and fee coins will deliver the most yield and gains together over timespans relevant to their balance sheet and calendar. The post Ethereum Price Fell 2% In June But Has These 4 Bullish Signs Going Into July appeared first on CryptoPotato .

2025-07-06 10:24

In June, total crypto market capitalization posted a modest 2.62% gain, even as volatility stayed elevated due to increased geopolitical tensions in the Middle East. Investor anxiety over potential energy supply disruptions and growing regional instability led to persistent pressure on asset prices. Despite this, the DEX to CEX spot trade volume reached a historic peak of 27.9% in June. DEX Fever Hits June Over the past year, DEX trading volumes have more than doubled. This is in contrast with flat volumes on CEX platforms, according to the latest Binance Research report shared with CryptoPotato. In fact, PancakeSwap led DEX market share growth as it climbed from 16% in April to 42% in June, driven by Alpha trading volume growth and the Infinity upgrade that boosted speed, cost, and liquidity efficiency. World Liberty Financial’s increased on-chain activity also boosted liquidity and yield opportunities. Hyperliquid’s spot volume rose from $6 billion in January to nearly $10 billion in June, amidst fierce competition from decentralized perp trading solutions. On Solana, PumpSwap also maintained strong user engagement. The same cannot be said for Raydium, Orca, and Meteora, which struggled to match their January trading peaks, then fueled by meme coin hype. Hybrid CeDeFi Platforms Narrow the Gap A major driver of this growth is that CEXes are increasingly channeling activity toward DEX platforms. Several large exchanges have launched or revealed hybrid models that merge CEX liquidity with on-chain settlement. Binance Research explained that these CeDeFi offerings deliver low-slippage trading, MEV protection, and fast transactions, which allow DEX scalability while bridging the gap between centralized and decentralized crypto markets. It also stated that the flexible regulatory environment for DeFi has allowed DEXes to innovate and expand with new features, which has driven their on-chain volumes. On the other hand, CEX spot volumes remain tied to retail speculation, macro conditions, and volatility, which makes them more vulnerable to external market shifts seen throughout this year. The post DEX Trading Volumes Explode – Are CEXes Losing Their Grip on Crypto? appeared first on CryptoPotato .

2025-07-06 01:45