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TronWeekly
2w
409
Image Credit: TronWeekly
Ethereum (ETH) Price Targets $8K As Wyckoff Structure Aligns With Major Upgrade
- Ethereum is forming a Wyckoff re-accumulation structure with breakout targets at $4,000 and $8,000, reminiscent of its historic pattern from 2019–2021.
- EIP-7782 proposes halving block times on Ethereum to enhance speed and user experience.
- The current chart setup for Ethereum is drawing attention, signaling a potential major move.
- Ethereum's pattern indicates entry into the 'Spring' phase, with expectations of significant price expansion.
- Market analysts predict an initial breakout to $4,000 followed by a larger move to $8,000 based on positive action and volume.
- Analysts draw parallels between Ethereum's current cycle and its 2019–2021 rise, suggesting a potential for five-figure valuation by 2025.
- Traders are eyeing a breakdown of $2,500 as a potential trigger for a parabolic rally reminiscent of the 2020–2021 surge.
- Ethereum Improvement Proposal 7782 aims to significantly enhance the network's speed with faster block times, expedited transactions, and improved decentralization.
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TronWeekly
2w
335
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Aptos Price Rises Daily, Faces $19 Resistance, Targets $34 Breakout
- Aptos (APT) is currently trading at $4.42 with a 10.85% daily price increase, despite a weekly decline.
- The technical chart suggests a bullish scenario if the price surpasses the $19 resistance level.
- The support level at $4.5 has been breached, indicating vulnerability to further downside pressure.
- To achieve a breakout target of $34, Aptos needs strong volume and sustained momentum.
- The token experienced a significant surge in volume to $11.57 billion amidst the price increase.
- Mixed signals are observed as the recent price drop pushed Aptos below the key $4.5 support level.
- A trading chart shared on social media outlines a bullish long-term outlook, highlighting a resistance zone between $18 and $19.
- A breakout towards $34 is suggested, but the recent decline challenges this outlook and the validity of support levels.
- Technical analysis indicates the $18-$19 range as a crucial resistance area, requiring positive volume for a breakout towards $34.
- Aptos' movement is closely tied to the overall market direction, particularly influenced by Bitcoin's trend.
- Daily closes above $19 and strong trend signals are essential for confirming a bullish scenario.
- The potential breakout to $34 may face challenges without substantial volume support and sustained positive momentum.
- Global market volatility could lead to retesting lower price levels, especially if Aptos fails to reclaim $4.5.
- High institutional interest in crypto funds is noted, suggesting improving market sentiment.
- Aptos tracking alongside Bitcoin indicates a correlation in movements, hinting at potential price surges with Bitcoin's strength.
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Crypto-News-Flash
2w
130
Image Credit: Crypto-News-Flash
ETH, SOL, XRP Bounces 7% on Trump’s Claims on Israel-Iran’s Ceasefire
- Cryptocurrency prices surged following Trump's announcement of a ceasefire between Iran and Israel, leading to gains in Bitcoin, Ethereum, Solana, and Ripple (XRP), among others.
- Bitcoin reached $105,000, Ethereum surpassed $2,400, and memecoins like Dogecoin, Shiba Inu, and PEPE, along with AI tokens, experienced double-digit increases.
- Trump's announcement of a complete ceasefire was confirmed via his Truth Social account, with markets reacting positively to the news as a reduction in geopolitical risk.
- The market sentiment shifted, with Bitcoin bouncing from a low of $98,000 to over $105,000, and other major tokens such as Ethereum, Solana, and Ripple (XRP) also rising by over 7%.
- Memecoins like Dogecoin, Shiba Inu, and PEPE surged following the ceasefire, while AI-related tokens saw strong double-digit rebounds, signaling increased investor confidence.
- Market experts anticipate normalization as the market moves past the recent geopolitical tensions, with Ethereum facing resistance levels at $2,440, $2,460, and a major level at $2,500.
- Solana experienced a strong rebound, trading at $144.51 with key support at $138.18, and resistance levels at $146 and potential targets at $150 and $155 if bullish momentum sustains.
- XRP maintained levels above $2.17, facing resistance at $2.18 and $2.20, with potential price targets at $2.25 and $2.30 upon breaking these levels.
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TronWeekly
2w
165
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Solana (SOL) Aims at $258 as Bullish Wedge Occurs: Analyst
- Analysts observe a bullish wedge pattern in Solana (SOL), potentially pushing the price to $258.
- Key Fibonacci levels and support areas present a favorable buying opportunity.
- Short-term weakness in Solana is noted alongside expectations for a forthcoming breakout.
- Rose Premium Signals sees signs of a bullish breakout in SOL, citing a descending wedge formation on the weekly chart.
- SOL encounters a significant demand area at the 0.618 Fibonacci level, suggesting a potential price surge.
- Analysts identify an optimal 'LONG ZONE' entry point for a potential Solana rally post-wedge breakout.
- Rose Premium Signals forecasts upward price targets for SOL at $204.31, $229.01, and $258.45.
- Technical indicators on the daily chart show SOL trading at around $143.71 with mixed signals.
- RSI near 42.07 indicates potential oversold conditions, hinting at a possible buying opportunity.
- MACD exhibits a bearish signal, but the gap between MACD and signal line is narrowing.
- Weekly chart outlook remains bullish if the wedge pattern unfolds as anticipated, offering hope for a breakout.
- A successful breakout could propel SOL towards analyst targets, notably the $258.45 level.
- Analysts maintain an optimistic long-term stance on Solana amidst the wedge pattern and historical support areas.
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TronWeekly
2w
296
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Shiba Inu Whale Surge: $114 Million Accumulation Signals Strong Buy Pressure
- Shiba Inu whales accumulated over 10.4 trillion tokens in one day, marking the second-largest daily purchase this year.
- Large holders increased their total SHIB by 27.81 trillion since May 24 despite recent volatility.
- Exchange reserves and funding rates suggest a strong base for a potential move toward $0.00001730.
- The crypto market faced a weekend of intense volatility but recovered on Monday, with SHIB gaining 9.18%.
- Whales purchased 10.4 trillion SHIB valued at about $114 million in 24 hours, boosting their total holdings significantly.
- SHIB's current price is $0.00001168, showing an 8% increase in the last 24 hours.
- A descending channel formation on the daily chart suggests the potential for price reversals with upside targets of $0.00001250 and beyond.
- Diverging whale behavior with different SHIB holdings indicates mixed sentiments among investors.
- The rise in exchange reserves to $929 million on June 22-23 indicates increased liquidity and confidence among SHIB holders.
- Trade volume fell, but open interest rose, signaling growing market participation amidst slowing trades.
- Binance, OKX, Coinbase, and Bybit witnessed significant inflows and rising long ratios, indicating renewed investor interest.
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Coindoo
2w
388
Image Credit: Coindoo
Mastercard Integrates FIUSD Stablecoin via Fiserv Partnership
- Mastercard has integrated the FIUSD stablecoin through a partnership with Fiserv, enabling consumers and merchants to use the U.S. dollar-pegged stablecoin for payments.
- The collaboration aims to enhance interoperability between digital assets and traditional payment methods across Mastercard's global payments network.
- FIUSD token was developed by Fiserv, a financial technology firm, in an effort to provide faster, lower-cost payment experiences.
- Stablecoins like FIUSD have become popular for bridging blockchain innovation with traditional financial systems.
- Legacy payment giants like Mastercard are increasingly embracing regulated digital assets such as stablecoins for everyday transactions.
- This integration allows Mastercard users to conduct transactions seamlessly between fiat currency and FIUSD, advancing digital money movement.
- The initiative signifies a step towards a more efficient and convenient payment experience for banks, merchants, and consumers.
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TronWeekly
2w
388
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Ethereum Whales Open $100 Million Leveraged Position Amid US-Iran Conflict
- Two Ethereum whales have opened significant leveraged positions amid heightened geopolitical tensions, indicating confidence in Ethereum's recovery despite a recent price drop.
- One whale opened a $101 million long position with 25x leverage at $2,247, making a profit of nearly $950,000 but paying $2.5 million in fees.
- These whale positions show a strong belief in Ethereum's long-term growth amidst increasing uncertainty in global financial markets due to the recent U.S. military strike on Iran.
- The move has sparked curiosity among traders about the insights whales possess compared to everyday retail traders.
- Hypurrscan recorded one whale's $101 million long position, while another data provider, On-Chain Lens, noted a separate whale moving over $40 million worth of Ether to open a leveraged position, bringing their total holdings to around $112 million.
- The activity occurred as Ethereum's price dropped to a 30-day low of $2,113 following U.S. airstrikes on Iran, intensifying global market tensions.
- Despite the market uncertainty, these whales' bold moves reflect a growing confidence in Ethereum's recovery prospects.
- The geopolitical uncertainty following the U.S. military strike on Iran has contributed to the heightened market volatility.
- The whale positions contradict the short positions taken by many traders, showcasing divergent perspectives on Ethereum's price direction.
- Despite potential downside risks anticipated by seasoned traders, the whale positions highlight a prevailing optimism regarding Ethereum's future growth.
- The whales' actions underscore a belief in Ethereum's resilience in the face of escalating geopolitical conflicts.
- Market observers continue to monitor whale activity for potential insights into longer-term market trends.
- The whales' leveraged positions suggest a bet on Ethereum's recovery and long-term value despite short-term market fluctuations.
- The whales' confidence in Ethereum's growth trajectory amid geopolitical tensions signifies a bullish sentiment towards the cryptocurrency.
- The Ethereum whales' substantial investments and leveraged positions amid market uncertainty demonstrate a strong conviction in the cryptocurrency's potential amidst external pressures.
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Coinpedia
2w
379
Image Credit: Coinpedia
Top Memecoins Dogecoin & Shiba Inu Trigger a Major Rebound—Will It Restart Memecoin Mania?
- Memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) are gaining attention in the crypto market with viral social media buzz and growing community engagement.
- The surge in trading volumes and investor interest is reigniting memecoin popularity, presenting the potential for rapid returns.
- While major cryptocurrencies remain stable, memecoins are stealing the spotlight and attracting both experienced traders and newcomers.
- The recent upward trend in Dogecoin sees a breakout above $0.162 resistance, with a 6% surge in the past 24 hours and an intraday high of $0.167.
- DOGE's rally is supported by increased trading volume and community involvement, setting the stage for further gains.
- Technical analysis suggests potential price targets for Dogecoin at around $0.171 and even $0.21 if bullish momentum persists.
- Shiba Inu (SHIB) is trading around $0.00001165, consolidating after bouncing from key support at $0.00001060.
- Despite a slight weekly decline, SHIB shows upward momentum and forms a bullish falling wedge pattern, hinting at a potential recovery towards resistance levels at $0.000012 to $0.000014.
- Technical indicators for SHIB signal a possible breakout, with trading between the conversion & baselines of Ichimoku and the CMF suggesting bullish momentum.
- Overall, the resurgence of memecoins like DOGE and SHIB is sparking interest in the market, hinting at a potential memecoin mania revival.
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99Bitcoins
2w
353
Hong Kong’s Financial Secretary Confirms Stablecoin Licenses to Roll Out Starting August
- Hong Kong's stablecoin ordinance will be effective from 1 August 2025, making it the first regulated regime for stablecoins.
- Entities issuing fiat-referenced stablecoins in Hong Kong must obtain licenses from HKMA.
- Only licensed institutions can offer stablecoins to retail investors to protect the public and investors.
- Ads for stablecoins are restricted to licensed issuers to prevent fraudulent behavior.
- Hong Kong will serve as a testing ground for China's financial innovation and Yuan-pegged stablecoins.
- The city's offshore Yuan liquidity pool is around 1 trillion Yuan, supporting its role as a sandbox.
- Licensing requirements by HKMA focus on reserve asset management and stabilisation mechanisms.
- Provisions in the ordinance ensure stablecoin holders can redeem tokens at par value under fair conditions.
- Several companies have applied to HKMA to become qualified stablecoin issuers.
- Companies like Reitar Logtec, Ant Group, and JD Coinlink are in the process of securing licenses.
- Tech giants in the US are exploring stablecoin integration for cross-border payments.
- China faces challenges in internationalizing the Yuan due to concerns over debt and capital flows.
- Analysts suggest structural reforms to restore confidence in the Chinese Yuan for internationalization.
- China banned crypto transactions in 2021 but is now exploring CBDCs and stablecoins for payment systems.
- Governor Pan Gongsheng confirmed technology's role in advancing CBDCs and stablecoins for cross-border transactions.
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TronWeekly
2w
335
Image Credit: TronWeekly
Ethereum Accumulation Signals Big Move: $3700, $7,000 Targets Ahead
- Ethereum's current price is $2,429.43, showing a 7.56% daily increase and a 5.62% weekly decline.
- A symmetrical triangle pattern suggests consolidation and a possible upcoming breakout.
- Mid-term price targets for Ethereum are set at $3,700 and $4,450, with a long-term goal of $7,000.
- Accumulation phase near $2,200–$2,300 range provides potential long-term entry opportunities.
- Symmetrical triangle formation indicates market indecision before a breakout, with a mid-zone around $2,246 seen as a favorable accumulation area.
- Lower volatility and reduced trade volume during consolidation signal a potential breakout.
- Investors and traders view the current phase as ideal for accumulating Ethereum, especially since it hasn't seen significant price surges.
- Ethereum's breakout targets for the mid-term are $3,700 and $4,450, within previous resistance levels.
- Large holders accumulating Ethereum, with a rise in those holding over 10,000 ETH, suggests institutional buying.
- Despite macroeconomic uncertainty, technical analysis of Ethereum remains positive due to breakout possibilities.
- The long-term target for Ethereum is $7,000 based on sustained accumulation patterns and anticipated momentum post-breakout.
- Investors may consider entering between $2,200–$2,300 with a stop-loss around $2,000, and a breakout above $2,600 being a good continuation signal.
- Support indicators like RSI and moving averages are recommended for verification before entering.
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TheNewsCrypto
2w
279
Alessio Vinassa on DAOs: The Future of Business
- Decentralized Autonomous Organizations (DAOs) are reshaping traditional corporate structures for the digital age, offering transparency, community ownership, and efficiency.
- DAOs operate on blockchain technology, utilizing smart contracts and community consensus for decision-making processes.
- Over 10,000 active DAOs globally are managing significant assets across various sectors like climate tech, media, and social activism.
- DAOs promote inclusivity by allowing all contributors to have a say in decision-making, fostering collaboration over authority.
- Borderless and open-source, DAOs enable global participation, automate processes, and reduce bureaucratic hurdles.
- Real-world applications of DAOs include protocol governance, social causes funding, knowledge sharing platforms, media curation, and product development collaborations.
- Despite challenges like legal recognition, governance complexity, and security risks, DAOs are seen as an innovative model for scalable and mission-driven businesses.
- Entrepreneurs are drawn to DAOs for faster iteration, lower overhead costs, global outreach, and incentivized user participation.
- DAOs reframe trust-building processes, relying on transparent code and aligned incentives rather than traditional legal frameworks.
- Alessio Vinassa emphasizes that DAOs represent a fundamental shift in organizational structures, fostering community collaboration, shared purpose, and distributed leadership.
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Bitcoinist
2w
95
Image Credit: Bitcoinist
Time To Forget Altcoin Season? Bitcoin Dominance At This Level Is This Only Hope
- Altcoin season hopes dashed after Bitcoin price crash below $100,000.
- Altcoin prices plummeted with most sitting over 70% below all-time highs.
- Bitcoin dominance rapidly rising, indicating focus remains on Bitcoin.
- Crypto analyst highlights possibility of triggering altcoin season.
- Bitcoin dominance exceeds 66%, reaching 4-year highs.
- Analyst suggests altcoin season begins if Bitcoin dominance rejects at 71%.
- Altcoin market cap dropped as Bitcoin dominance rose.
- Analyst predicts altcoins could crash if BTC dominance hits 71%.
- Continuous rise in Bitcoin dominance could lead to further altcoin price drops.
- History shows altcoin recovery possible despite high Bitcoin dominance.
- Bitcoin dominance increasing by 5.5%, may follow trend seen in February 2025.
- Market awaits outcome in the next weeks amid dwindling altcoin season hopes.
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99Bitcoins
2w
21
Crypto Market Recovers From Iran FUD: FET Crypto, TAO Price and ONDO Coin Pump +15%
- The crypto market bounces back from geopolitical concerns after a ceasefire announcement alleviates fears of WW3.
- Bitcoin surges past $105K, leading a market-wide recovery with altcoins like FET, TAO, and ONDO posting double-digit gains.
- Bitcoin's strong resilience during the recent events showcases its stability amidst geopolitical turmoil.
- FET leads the gains with a 17% spike, TAO climbs 15%, and ONDO rises 15%, demonstrating the market's ability to rebound quickly.
- Assets like FET, TAO, and ONDO indicate the maturing nature of crypto as an asset class capable of weathering storms.
- The positive sentiment shift in the market triggers a rally, reflecting crypto's swift response to changing global events.
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Coinpedia
2w
222
Image Credit: Coinpedia
What’s Next for XRP, ADA, and BTC Prices?
- The crypto market started strong with Bitcoin surpassing $106K and altcoins showing gains, but prices dipped slightly due to developments in Iran.
- XRP and Cardano maintained 7-9% gains with analyst Michaël van de Poppe noting Bitcoin's uptrend after surpassing $103K.
- Bitcoin remains strong despite geopolitical tensions, and analysts reiterate a $120,000 target for this year.
- XRP is at a turning point with increasing institutional interest, potential XRP ETF, and upcoming resolution of the Ripple vs. SEC case.
- Ripple's collaboration with Cardano for DeFi expansion could lead to significant rally potential for XRP.
- Cardano's upcoming protocol 'Midnight' and NIGHT token airdrop could be the catalyst for a breakout as it gains momentum.
- Midnight on Cardano is anticipated to boost ADA's value, especially with developments like Lace wallet support for XRP and ADA.
- The outlook for Q4 includes expectations of a crypto rally fueled by Fed rate cuts and improved liquidity as tensions ease globally.
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TronWeekly
2w
205
Image Credit: TronWeekly
Shiba Inu (SHIB) Explodes 8%: Bullish Pattern Targets $0.00001250 Next
- Shiba Inu (SHIB) has surged 8.12% in the last 24 hours, signaling a renewed short-term bullish market trend.
- Despite a weekly decline of 1.88%, improving sentiment suggests potential for recovery in SHIB.
- The Relative Strength Index (RSI) near the overbought zone indicates strong buying interest with possible short-term resistance ahead.
- Bullish momentum in SHIB could target $0.00001250 if the current trend persists.
- SHIB is currently priced at $0.00001168 with a daily gain of over 8% and a total market capitalization of $6.88 billion.
- After a period of tight sideways movement, SHIB experienced a breakdown followed by a V-shaped recovery, surpassing key resistance levels.
- Technical indicators like Bollinger Bands and MACD suggest rising volatility and a continuation of the uptrend for SHIB.
- If SHIB maintains its trajectory above support levels, a breakout could push the price towards the next target of $0.00001250.
- The near-term outlook for SHIB remains bullish with positive volume and momentum, but corrections are possible near overbought conditions.
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