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Day: July 5, 2025
Solana Tests Rising Channel Support – Breakdown Could Send Price To $128.50 Level
Solana is facing a critical test this week, consolidating in a tight range between $145 and $160 since Monday. The price action reflects strong buying interest but also hesitation as bulls struggle to reclaim higher levels. Despite holding above key support, Solana must break decisively above resistance to confirm a bullish breakout and continue its upward trend. Related Reading Market momentum has favored bulls in recent weeks, but Solana’s inability to breach the $160 zone raises questions about the strength of this trend. Top analyst Carl Runefelt shared insights highlighting…
Robinhood Tokenization May Undercut NYSE Liquidity, Galaxy Warns
Robinhood’s plan to tokenize stocks on its new Ethereum-compatible blockchain could shift trading volume away from traditional exchanges like the NYSE, undermining their core revenues from trading fees and market data, according to Galaxy Digital. At the EthCC conference this week, Robinhood CEO Vlad Tenev detailed plans for “Robinhood Chain,” an Ethereum-compatible layer-2 on Arbitrum Orbit. The blockchain will let users trade tokenized derivatives of stocks directly onchain, moving asset trading outside traditional exchange hours. Tenev explained that a new token engine operating on the Robinhood Chain will provide users…
OKX CEO Apologizes for Account Freezes Caused by ‘False Positives’
OKX founder and CEO Star Xu has apologized to users after reports surfaced of wrongful account freezes on the crypto exchange, including one case where a user remained locked out of their funds despite completing extensive verification steps. “We sincerely apologize for any inconvenience caused. We acknowledge that issues such as high false-positive rates and suboptimal user experience in the information collection process still exist during compliance and risk control operations,” Xu said in a post on Friday. Compliance system makes mistakes from time to time “One of the biggest…
YOU Could Mine 3.125 Bitcoin AT HOME for only $182
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Ethereum Wave Count Predicts Price Crash To $1,800 — But $6,000 Is Still In Play
Ethereum is still struggling below $3,000 despite the Bitcoin price sitting close to all-time highs. At the current levels, Ethereum continues to look incredibly bearish, with sell-offs dominating the market at this level. While piling shorts are pointing to a possible relief rally, there is also the possibility that the price will crash back down from here. Crypto analyst Weslad maps out the ETH price trajectory using the ABCDE wave structure, showing a possible crash below $2,000. The Bullish Ethereum Scenario Weslad points to the 2021 Ethereum peak when the…
Why Mining Giant Rio Tinto Is Benefitting From The EV Boom
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Copper mines, like this one in Utah, are on the frontline of America’s transition to clean energy. This site, owned and operated by mining giant Rio Tinto, produces roughly 200,000 metric tons of copper annually — with room to grow. Global demand for copper, a major component of EVs, is expected to almost double from 25 million metric tons to nearly 49 million metric tons by 2035. But miners face a multitude of issues as they ramp up production, not least of…
Small Chance $8.6B Bitcoin Transfer Was a Hack
Conor Grogan, Coinbase’s head of product, says there’s a slight chance the $8.6 billion Bitcoin moved on Thursday — from a single whale who had held it for over 14 years across eight wallets — was caused by a hack, and if so, it could be the largest robbery ever. “If true (again, I’m speculating on straws here), this would be by far the largest heist in human history,” Grogan said in an X post on Friday, after raising the slim chance that the $8.6 billion worth of Bitcoin (BTC)…
BITCOIN Bullish Surge or Bearish Trap? The Reversal to $130K Begins?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io To our Spanish Community: 👉 BTC Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction! In this video I talk about the Bitcoin BTC Cryptocurrency price and carry out a technical analysis. I also talk about my Bitcoin Elliott Wave count and discuss where the price could be going next. —————————————————————————————– 🧿 MCO Global: 💻 ✉️ Join the FREE Newsletter: 👉 🧿 Join the Morecryptoonline Crypto Service 👉 OR 👉 OR 👉 🧿 Join the S&P500 & Stocks…
Bitcoin Near Historic Weekly Close – Analyst Warns Of Volatility
As the market sees a Friday retrace, Bitcoin (BTC) is attempting to reclaim a crucial area as support. An analyst suggests that the flagship crypto’s daily close could set the stage for a bullish end of the week despite potential volatility. Related Reading Bitcoin Breakout To Come ‘Sooner Or Later’ At the start of the new quarter, Bitcoin has retested crucial levels, touching the $105,000 support and $110,000 resistance over the past four days. Amid its Tuesday pullback, the flagship crypto fell to a two-week low but managed to bounce…