Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame?

Data shows Bitcoin’s retrace below the $117,000 level came right after a major spike in social media chatter, often a contrarian signal. Bitcoin Social Dominance Saw A Huge Spike As BTC Crossed $123,000 In a new post on X, the analytics firm Santiment has shared how social media users reacted to the latest Bitcoin price breakout. The indicator of interest here is the “Social Dominance,” which tells us about the share of social media discussions related to the top 100 cryptocurrencies that any given coin occupies. The metric is based…

Crypto Market Structure Effort Needs ‘Serious Changes’

The Senate Agriculture Committee leapt into Congress’ negotiation over crypto’s market structure legislation with a hearing on Tuesday, and its ranking Democrat, Senator Amy Klobuchar, outlined the significant changes she’d like to see before she’d embrace the effort to set up digital assets regulations. As the House potentially nears passage of its own market structure bill in the Digital Asset Markets Clarity Act (despite a procedural delay on Tuesday), Klobuchar’s committee will need to sign off on its own legislation. And any major changes she and other Democrats are willing…

Chainlink Bullish Trigger: Why $16 Holds The Key To The Next Rally

Sharing his latest outlook, CRYPTOWZRD revealed that Chainlink closed indecisively, suggesting the market is still weighing its next move. According to the expert, a healthy bullish breakout above the $16 resistance is needed to trigger a rally. He added that he will continue to follow the intraday chart development tomorrow to spot the next scalp opportunity. LINKBTC Needs A Bullish Push To Unlock Momentum In the post, CRYPTOWZRD highlighted that the daily candles for both Chainlink and LINKBTC closed indecisively today, suggesting a temporary pause in momentum. While no strong…

Uniswap President Steps Down to Pursue New Ventures

Mary-Catherine Lader, president and chief operating officer of Uniswap Labs, has reportedly resigned after four years with the company. According to a Bloomberg report on Tuesday, Lader will stay in an advisory role before moving on to her next venture. A spokesperson for Uniswap said the company “will continue to build on her contributions,” according to the report. Lader was one of the early big names to leave traditional finance to work in crypto space. She joined Uniswap in 2021 from BlackRock, where she was a managing director and global…

Shiba Inu Transactions Surge 350% as SHIB Price Prints Golden Cross Signal

Key Notes SHIB benefits from Ethereum’s strong performance as both cryptocurrencies share the same blockchain ecosystem. Technical analysis reveals a Golden Cross formation with the 13-day moving average crossing above the 49-day average. Bulls must defend the $0.0000125 support level to potentially reach the $0.000016 resistance target. Shiba Inu SHIB $0.000013 24h volatility: 5.9% Market cap: $7.59 B Vol. 24h: $262.36 M continued its bullish climb on Tuesday, July 15, gaining another 2% to hit $0.000014, the highest since May. This latest move comes as Ethereum ETH $2 974 24h…

Ethereum Forms ‘Pure Cup And Handle’ Pattern After Hitting $3,000, Analysts Set New Targets

Ethereum’s price action in the past seven days has seen it finally touch the $3,000 resistance zone for the first time in months. This interesting move comes amid growing institutional attention caused by the massive inflows into Spot Ethereum ETFs and Bitcoin’s recent climb to new all-time highs.  Ethereum has gained over 17% in the past seven days alone, reaching a new local high of $3,065. Interestingly, bullish technical structures are starting to emerge that could send the ETH price soaring toward new all-time highs. Two analysts have now spotted…

Prosecutors Link Roman Storm To DPRK Hackers In Trial Opening Statements

Jury selection in the criminal trial of Tornado Cash co-founder and developer Roman Storm wrapped up on Tuesday, and prosecutors and defense attorneys issued their own statements in a case that could have significant repercussions for the crypto and blockchain industry. According to reporting from Inner City Press inside the US District Court for the Southern District of New York on Tuesday, US prosecutors focused much of their opening statement on attempting to link Storm to North Korean hackers using Tornado Cash to launder funds, in violation of US sanctions.…

ETH Fractal Eyes $18K as Bullish Breakout Accelerates

Key takeaways: Ether is outperforming Bitcoin this week, with the altcoin reclaiming $3,000. The ETH/BTC pair broke above its 200-day moving average, with the RSI breaking a three-year downtrend, hinting at a structural shift. Fractal analysis suggests ETH could surge to $18,205, with the near-term target at $4,000. After reclaiming the $3,000 level for the first time since Feb. 1, Ether (ETH) exhibits strength in its performance relative to Bitcoin (BTC). While Bitcoin slipped to $116,500 on Tuesday, ETH posted daily gains, setting new highs at $3,090 for the week.…

Sequans Boosts Bitcoin Holdings to 1,053 BTC With $79 Million Purchase

Sequans Communications has acquired 683 BTC, bringing its total holdings to 1,053 BTC worth approximately $120 million. The move reinforces the company’s commitment to bitcoin as a core treasury asset. Semiconductor Firm Sequans Deepens Bitcoin Strategy With 683 BTC Buy Sequans Communications S.A. (NYSE: SQNS), a leader in cellular IoT semiconductor technology, has deepened its […] Original