Category: Crypto news

Historically, the 0.60–0.75 range is where 20–35% price shakeouts tend to strike, typically ahead of euphoric peaks. 🌪️

On-chain data suggests that institutional demand for BTC has been on the rise since the start of the second quarter. On the other hand, the demand for the token from retail investors has taken a major hit since the start of the year, rising marginally as the price marked a new ATH, but dropping later. This suggests that institutions are driving the current BTC uptrend, with ETFs and corporate treasuries accumulating aggressively. Meanwhile, retail’s relative absence could mean pent-up FOMO if the price breaks range, leading to sharp volatility as new buyers pile in, and also more risks of local tops when sentiment spikes. 📈

Traders spot a “flag” shape when price moves sideways after a drop and rise. Bitcoinensus pointed out that PEPE first formed one flag, then shot up from about $0.0000015 to $0.000015—a roughly 10x gain.

CRWV stock plummeted 3.6% after the opening bell, hitting a low of $153.97. Despite the decline, the crypto miner turned AI infrastructure company still boasts a market capitalization of $75 billion after posting a whopping 288% gain since its initial public offering in March.

Over these endlessly thrilling weeks, Sonic’s (how poetic, no?) trajectory has been less a noble leap, more a drowsy saunter within a suffocating, petticoat-tight range near $0.26—an area that, in a previous epoch, wore the fragrance of bullish optimism. But no, everything old is old again, and our beleaguered coin caresses the value area low with the affectionate desperation of a washed-up casino crooner.
Yet, as Sir Market would muse, there is nothing quite so exhilarating as death that threatens (but refuses) to arrive. By parking its tired wheels at support, Sonic teases aficionados with whispers of an “accumulation phase” (that rite of passage for lost souls). Perhaps the chart will surprise, forming the higher low beloved by technical romantics, provided the Gods of Volume glance benevolently downward.

КУЛР, which has added to its Bitcoin (BTC) holdings since announcing plans to establish a BTC treasury strategy, said in a press release on July 8 that the $20 million credit facility is from Coinbase Credit and will be a multi-draw facility.

Picture this: Bitcoin’s price, acting like that guest at a party who laughs at all their own jokes, keeps hanging around the top and refuses to leave. For weeks. Then, very slowly, it shuffles down the stairs as everyone pretends not to notice the awkwardness (the market gets “unstable,” but honestly, who isn’t these days?).

It was a swelterin’ July 8—mark it down—when the bunch in France waved a flag and hollered about closing a $384 million private placement. Over 40 institutional types, each one in a suit that cost more than your grandpappy’s first house, crowded in to say “sure, why not” to this bold, Bitcoin-besotted pivot. That, friends, is how you get your name in the paper—and in history, or at least on a blockchain somewhere.

Should the Pi Core Team implement two out of these eleven suggested steps, it may aid in restoring community confidence and potentially trigger another price increase.

Meanwhile, Ripple (XRP) is nudging downward, Solana (SOL) is tumbling like Ivan Karamazov in a bad mood, now below $150 and looking for his dignity somewhere near $149. Dogecoin (DOGE) howls as only a dog can, down 3%. Cardano (ADA): -1.38%, monochrome and guilty. Chainlink, Stellar, Toncoin, Hedera, Litecoin, Polkadot—these are the Dakotas of the crypto steppes. They too have fallen, reflecting on their meaningless fates, hands over their eyes, muttering, “Am I not a coin too?!”