crtypto & forex news

Bitcoin prices are currently hovering above $107,000 following a bullish trading week during which the premier cryptocurrency gained by 4.89%. Interestingly, this recent price rally has translated into a 1.06% gain on the monthly chart suggesting a hinting at a gradual shift in market control back to the bulls after several weeks of descending consolidation. Notably, renowned market analyst with pseudonym Merlijn The Trader backs this emerging bullish momentum, having identified a bull flag pattern on the Bitcoin daily chart, alongside a positive MACD crossover. Bull Flag Pattern Signals Strong Upside Potential For Bitcoin The bull flag is a classic bullish continuation pattern indicating a price rally is likely to persist despite ongoing consolidation. As seen in the chart shared by Merlijn, this bullish chart pattern begins with a sharp price rally i.e. the flagpole which is seen when Bitcoin kickstarted an uptrend in early April with prices climbing aggressively from around $74...

The US Bitcoin Spot ETFs have been one of key bullish drivers of the present market cycle, heralding an influx of institutional investors into the BTC ecosystem. In 18 trading months, these ETFs have acquired 6.25% of the Bitcoin market cap cementing their status as a major force in the market. Interestingly, prominent market analyst Axel Adler Jr. has pointed to a recent positive trend within the Bitcoin ETF space, suggesting further upside potential and a bullish outlook for the months ahead. Bitcoin Spot ETFs To Hold 1.2 Million BTC By September – Analyst In an X post on June 28, market analyst Axel Adler Jr. highlighted a compelling trend in the accumulation pattern of US Bitcoin Spot ETFs over the past three months. The renowned analyst explains that assets under management (AUM) i.e. net assets of these ETFs excluding the Grayscale GBTC have grown significantly from 932,000 BTC in April 2025 to 1,056,000 BTC today. This development represents a net gain of 124,000 BTC over 8...

The price action of Bitcoin has been quite strong over the past week, exhibiting good signs of recovery from last weekend’s low. While the premier cryptocurrency travelled as high as $108,000 in the last few days, it is now hovering around the $107,000 mark. The latest on-chain data suggests that a group of investors has stayed out of the market despite the price resilience of Bitcoin in recent months. BTC Retail Demand Falls By 10% In June: Analyst In a June 28 post on social media platform Z, on-chain analyst Maartunn revealed that a cohort of market participants known as retail investors has been relatively inactive over the past few months. This on-chain revelation is based on the Retail Investor Demand metric, which estimates the demand for BTC amongst small-scale investors. In essence, this on-chain metric tracks the activity of small wallets typically involved in transfers of small sizes. Specifically, this Retail Investor Demand indicator measures the percentage change in ...

The altseason, one of the most anticipated events of the crypto bull market, may potentially remain on hold following recent insights by some prominent market analysts. Notably, the current crypto cycle has shown little progress toward a true altseason, with Bitcoin Dominance holding strong, signaling a continued preference among investors for the leading cryptocurrency over alternative digital assets. Bitcoin Dominance Tipped To Hit 74%, Altseason Remains Elusive In an X post on June 27, renowned market analyst with X username Rekt Capital projected the Bitcoin Dominance (BTC.D) to experience a steady rise to 74%. Following Bitcoin’s price dip in the early last week, the analyst highlighted a successful retest of the 64% dominance level noting that, historically, such retests are typically followed by a continued rise without meaningful pullbacks until the 71% mark. Notably, this market insight suggests Bitcoin is likely to keep attracting a massive influx of investment suggestin...

Bitcoin has come a long way from merely being a financial experiment to becoming an important store of value. Currently sitting at a six-figure valuation, the flagship cryptocurrency has amassed a horde of investors who actively profit from its directional movements.  Despite all its growth, Bitcoin’s price action still stands influenced by moments of frenzy, fear, and also caution in investors. At the moment, on-chain data points out that Bitcoin might be at a phase where caution is the order of things. Here are the details of this revelation. 90-Day CVD Shifts To Neutral After Prolonged Trends In a June 27 post on X, the social media platform, crypto analyst Maartunn revealed that there has been an important shift in an important metric. The relevant indicator here is the 90-day Futures Taker Cumulative Volume Delta (CVD) metric, which tracks the net buying or selling pressure in BTC’s futures market.  A positive and rising value of the metric usually means that the fu...

Prominent crypto market analyst Ted Pillows has shared a bullish outlook of the Ethereum market tipping the altcoin to attain a $10,000 price point. Pillows’ bold prediction comes after a modest ETH price uptick of 1.21% in the past week in response to Bitcoin price rebound. However, the altcoin remains in a corrective trend after declining by 9.3% in the past month. Ethereum Ascending Channel Suggests $10k Price Target – Details In an X post on June 27, Pillows states an interesting analysis of the ETH market highlighting the presence of multi-cycle ascending channel that stretches as far as 2017. Using the two-weeks trading chart, Pillows shows that Ethereum retests the lower boundary of this channel once every cycle initiating a series of explosive market gains. Notably, In 2017, a retest to this lower band led to an astonishing 300x surge, while in 2020, it catalyzed a 50x run. In 2025, ETH appears to have touched the same technical level once again, raising the possibility of ...

Bitwise has updated its spot Dogecoin ETF filing, providing optimism that the crypto fund could launch soon. Based on Bloomberg analysts Eric Balchunas and James Seyffart’s prediction, the XRP ETFs are still expected to launch before the DOGE ETFs.  Bitwise Amends S-1 For Spot Dogecoin ETF According to a SEC filing , the asset manager has filed an amended registration statement for its spot Dogecoin ETF . This has increased optimism that the SEC could soon approve this fund. In an X post , Balchunas stated that the amendment is a good sign as it indicates that Bitwise is engaging with the Commission.  The Bloomberg analyst further remarked that the amendment also tracks with other spot approvals. Meanwhile, he revealed that a huge change that Bitwise made to the spot Dogecoin ETF filing is the addition of in-kind creations and redemptions. This ETF mechanism enables authorized participants (APs) to create and redeem shares using DOGE instead of cash.  Balchunas note...

World Liberty Financial hit headlines this week after a major token buy sent shockwaves through crypto circles. Based on reports, an Abu Dhabi fund snapped up 100 million worth of WLFI governance tokens. That purchase makes Aqua1 Foundation the largest holder—beating out Tron founder Justin Sun’s 30 million investment from last November. Massive Token Purchase According to World Liberty and Aqua1, the deal will help push ahead a blockchain-based financial system that ties stablecoins, real assets and on-chain tools together. Aqua1 founding partner Dave Lee said the move targets new standards for “global capital efficiency.” He plans to team up with World Liberty on high-potential blockchain projects. Their pitch: merge old-school markets with token tech. Political Connections Under Scrutiny US President Donald Trump and his family stand to gain big. Three of his sons are co-founders of World Liberty. In June, Trump disclosed over 57 million in income tied to WLFI and revealed h...

At a Senate Banking Committee hearing yesterday, executive director of the President’s Council of Advisers on Digital Assets Bo Hines sat flanked by Chairman Tim Scott and Digital Assets Subcommittee Chair Cynthia Lummis and confirmed that the United States has already begun moving seized or previously held Bitcoin into the newly created Strategic Bitcoin Reserve. Trump’s Bitcoin Reserve Play Advances The disclosure came in response to a question about the execution of President Donald Trump’s March 6 executive order on digital assets. Hines explained that “the EO… mandated an accounting to take place in which the Treasury [is] spearheading that,” noting that the department has now “received the numbers from the different agencies inside of the government.” Those numbers reflect coins accumulated piecemeal over the past decade through criminal forfeitures, civil penalties, and unspent research allocations across multiple departments. Describing the next phase, Hines told lawmakers ...

Ripple is at a crossroads following Judge Analisa Torres’ ruling in the long-running lawsuit against the SEC . The crypto firm will now have to decide whether to drop the appeal or move forward with it to get relief from Judge Torres’ judgment.  Ripple Faces Setback In Lawsuit Against SEC A court document shows that Judge Torres has denied Ripple and the SEC’s joint motion for an indicative ruling. The ruling was meant to absolve the crypto firm as both parties requested the judge to dissolve the injunction and reduce the monetary judgment to $50 million from $125 million.  Judge Torres declared that Ripple and the SEC have failed to show exceptional circumstances that outweigh the public interest or the administration of justice. As such, she isn’t persuaded to modify her judgment. She also made it clear that if jurisdiction were restored to her court, she would still deny the parties’ request to vacate the injunction and reduce the civil penalty.  The court also ...

Since reclaiming the $107,000 price mark on Wednesday, Bitcoin has managed to hold strongly above this key level, reflecting its robust resilience despite a recent pullback. Following the renewed upward trend, bullish sentiment is growing stronger among key BTC investors on crypto exchanges. Large Bitcoin Transfers To Exchanges Nosedive Given the recent upsurge in Bitcoin’s price , major investors on crypto exchanges are starting to turn optimistic about the asset’s future performance. Darkfost, a verified author and on-chain analyst who shared the development on X, highlighted that Bitcoin whale inflows to exchanges are experiencing a sharp decline when compared to the past month. This trend signals a potential shift in market dynamics toward a more confident state among whale holders. A sharp drop in whale inflows to exchanges reflects a retreat from immediate selling pressure , perhaps a revived preference for long-term holdings. It is mostly regarded as a bullish signal becaus...

With the growing bullish market sentiment, Dogecoin has flipped positive as the popular dog-themed meme coin slowly builds on its newfound upward momentum. Several technical signals are starting to unfold on the DOGE’s chart, hinting at a possible continuation of the renewed upside movements. Bullish Move Puts Dogecoin On Track For A Rally Following a period of heightened bearish performance, Dogecoin has ventured into a bullish state as it targets the next key resistance located at the $0.17 level. Given that the broader crypto market maintains its current optimistic condition, DOGE could retest this key level in the upcoming days. Delving into Dogecoin’s current price action, Trader Tardigrade, a seasoned technical expert and investor, has drawn attention to a signal that suggests that the meme coin is set for a bullish phase. Dogecoin is showing early indications of a possible recovery, and a recent positive move that reinforces the argument for an upcoming uptrend . In the 1...

Bitcoin is once again testing a critical resistance level after surging over 9% since Sunday, fueled by a shift in market sentiment and easing geopolitical tensions. The price now hovers just below the $110,000 mark—a psychological barrier that, if breached, could open the door to a new phase of price discovery. Bulls appear firmly in control of the short-term trend, but confirmation is still needed through a clean breakout above this key threshold. According to fresh data from CryptoQuant, long-term holders (LTH) continue to play a pivotal role in this cycle. Throughout each of the three major rallies since November 2022, a pattern has emerged: LTH accumulation has preceded every major move higher. Now, at $100K, LTH accumulation is again rising steadily, suggesting this current consolidation could be laying the groundwork for yet another major rally. With bullish momentum strengthening and structural support intact, all eyes are on Bitcoin’s ability to break above $110K. If it doe...

For years, Bitcoin has been regarded as the genesis of cryptocurrencies. Bitcoin is widely credited with laying the foundation for the modern digital asset industry since its creation in 2009 by the anonymous figure Satoshi Nakamoto.  Interestingly, some investors have occasionally challenged the origin story of cryptocurrencies. A resurfaced claim is catching attention across the crypto community, particularly among XRP supporters, due to new evidence that Ripple’s XRP may have been created before Bitcoin. XRP’s Origins In 2004 The discussion kicked off on the social media platform X after a user and crypto commentator known as SMQKE on the platform posted an interesting comment: “2014 E-mails confirm: ‘Ripple is older than Bitcoin.’” The post was accompanied by a screenshot from a 2014 email exchange that sheds some light on Ripple’s lesser-known history. The email thread, dated February 2014, includes contributions from journalist Bailey Reutzel and developer Jeffrey Cliff...

This week has turned out to be quite a positive one, with Bitcoin, the largest digital asset, recovering from a recent drop below the $100,000 mark and surging to $107,000 once again. Given the renewed upward trend, BTC’s options market is exhibiting a pullback, which is a positive signal. A Calmer Bitcoin Options Market Bitcoin has displayed significant resilience since this week began, and several on-chain metrics are starting to move into positive territory as a result of its remarkable upward performance. One of the several key metrics that has turned positive is the Bitcoin Options 25 Delta Skew. In recent research shared on the X (formerly Twitter) platform, Glassnode, a leading on-chain data analytics platform, revealed that the Bitcoin Options 25 Delta Skew has witnessed a notable drop in the last few days. While the drop may seem like a cause for alarm, it is actually a good sign of growing market sentiment. A drop in this crucial metric that gauges trader sentiment and...

As Bitcoin gradually recovers from its recent breakdown below the $100,000 mark, it appears to have triggered a fresh wave of bearish activity from investors. Its market dynamics are about to transition as key metrics such as the Funding Rates on the Binance platform have taken a negative turn. Binance Traders Betting Against Bitcoin In a dramatic bounce, Bitcoin has reclaimed the $105,000 price mark and is slowly approaching $106,000. While BTC has recovered, the impressive run has been met with negative sentiment, particularly from investors on Binance , the largest cryptocurrency exchange. Darkfost, a verified author for CryptoQuant, reported that funding rates on the Binance exchange have declined sharply, signaling a shift in trader sentiment. Data from the expert reveals that the rates dropped to the -0.0033 level just as BTC swiftly bounced back since this past weekend. This scenario implies that traders are progressively placing bets on further decline, indicating that be...

Market expert Abraham has declared that the Ripple vs. SEC lawsuit is in its final chapter, with the long-running legal battle coming to a close. The expert also explained how this would lead to a “regulatory breakout” for XRP, with the altcoin coming out favored.  Ripple Vs. SEC Lawsuit Approaching A Final Resolution In an X post , Abraham affirmed that market participants are witnessing the last chapter of the Ripple vs. SEC lawsuit. He remarked that XRP is about to emerge not just free but favored. The expert then alluded to how both parties have jointly paused their appeals , which confirms that they are ready to settle and reach a final resolution.  Both parties recently filed a status report before the appeals court, in which they asked for an extension of the pause on the case while they get an indicative ruling from Judge Analisa Torres. Abraham noted the joint motion , which has been filed in the Ripple vs. SEC lawsuit, for this indicative ruling.  He expla...

The Ethereum 1-day chart is shaping an intriguing technical formation that could define its next move. This setup reflects growing uncertainty in the market but also sets the stage for high-impact volatility. Ethereum Approaches Decision Point: Breakout Or Breakdown? Ethereum is currently forming a megaphone pattern, a broadening formation characterized by widening price swings and increasing volatility. This structure typically reflects market indecision, as both bulls and bears battle for control, leading to expanding highs and lows. Sharoon Gill noted on X that the widening price action is a key signal that volatility is building, and a significant move could be on the horizon. Sharoon Gill points to two crucial levels to watch closely: a breakout above $2,400 would confirm bullish momentum and pave the way for further gains, while a drop below $2,240 may indicate a bearish breakdown and trigger a downward move. Evrenos Albarson shared a sharp take on Ethereum’s positioning...

Turkey’s Ministry of Treasury and Finance rolled out new rules this week to stop money laundering through crypto trades. Users now have to put in a transfer note of at least 20 characters explaining why they’re moving funds. At the same time, platforms must collect clear proof of where the money came from. These steps come as crypto use in Turkey has surged, driven by high inflation and a shaky currency. New Transfer Rules Take Effect According to the Treasury and Finance Ministry , every crypto transfer needs a note that’s at least 20 characters long. Users must say what the transfer is for. Crypto Asset Service Providers, or CASPs, will ask for documents and details to show where funds originated. The aim is to make it harder for bad actors to hide illicit gains in thousands of transactions each day. Withdrawal Delays To Curb Crime? Based on reports from officials, first-time withdrawals will face a 72-hour waiting period. After that, any withdrawal that doesn’t meet the FATF ...

Bullish pressure is returning to the crypto market as Bitcoin, the largest digital asset, rebounded strongly after dropping below the $100,000 mark during the weekend. The recent pullback appears to have influenced the sentiment of short-term investors as indicated by a negative MVRV reading. Bitcoin’s Short-Term Investors Turn Cautious While Bitcoin and the market are slowly turning green, several key metrics are still in a bearish state. A recent report from Glassnode, a world-leading financial and on-chain platform, highlights a negative trend among short-term BTC holders. The Bitcoin short-term holder Market Value to Realized Value (MVRV) ratio has declined sharply. Specifically, this metric is frequently used to assess sentiment and profitability among more recent market participants.  Therefore, this notable drop in the key STH MVRV metric reflects the growing unease of recent investors due to the ongoing volatility of BTC’s price. It also points to weakening convictio...

Palau’s Office of the Public Auditor (OPA) has released the long-awaited performance audit of the government’s XRP-Ledger-based stablecoin pilot, confirming that Ripple Services Inc. funded the 25-month experiment with a single $25,000 payment and that just over half of that grant has been spent. The 12-page report closes the accounting on the Palau Stablecoin (PSC) project , which ran from 26 October 2021 to 27 November 2023. Ripple’s $25K Grant Confirmed In Palau Stablecoin Audit The audit documents show Ripple wired $25,000 into the National Treasury on 10 March 2023. Of that amount the Ministry of Finance (MOF) disbursed $14,035, mainly to reimburse three participating merchants—Surangel & Sons, Penthouse Hotel and King’s Minute Mart—for redeeming PSC tokens spent by 154 volunteer government employees, each of whom received an allocation of 100 PSC (one-to-one with the US dollar). The unspent balance of $10,965 remains in the Treasury pending a political decision on a potent...

Dogecoin has been under intense pressure in recent days, with its price sinking to a new local low of $0.14 after shedding more than 35% of its value over the past month. Despite intermittent bounces, Dogecoin’s price action has been relatively weak, and the meme coin is now retesting a long-term trendline drawn from the 2021 all-time high. There have been speculations about how much longer this correction might last and when the next major reversal could begin. According to technical speculations by a crypto analyst, Dogecoin is still on track to register a new peak by August. Estimating Dogecoin Top Formation Crypto analyst Javier, posting on the social media platform X, has drawn attention to Dogecoin’s past behavior in major bull cycles by showing a repeating pattern in how long Dogecoin typically takes to form both its bottoms and its tops. According to the chart and notes shared by the analyst, historical bottoms have often developed over 112 to 133 days, with an average o...