Bitcoin derivatives markets show significant activity, with futures open interest reaching $76.21 billion and options traders heavily favoring bullish call contracts. Bitcoin Derivatives Heat Up: Futures Open Interest Grows Nearly 6% in 24H The bitcoin futures market represents agreements to buy or sell BTC at a predetermined price on a future date. A key metric, […] Original
Key point: Ripple Labs CEO Brad Garlinghouse said in a post on X that the company “is applying for a national bank charter” from the Office of the Comptroller of the Currency (OCC). Garlinghouse added that the firm would come under federal and state oversight if the license is approved. That would create a “new (and unique!) benchmark for trust in the stablecoin market.” Could XRP (XRP) benefit from the news and break out of its overhead resistance? Let’s analyze the charts to find out. XRP price prediction XRP rebounded…
Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a favorable macroeconomic backdrop could support the US Federal Reserve’s soft-landing narrative. Shares of Riot Platforms (RIOT), Hive Digital (HIVE), Hut 8 (HUT8), MARA Holdings (MARA), and Bitfarms (BITF) surged between 13% and 28% over the past four trading sessions, as US markets closed early on Thursday ahead of the Independence Day holiday weekend. The performance of crypto mining stocks from June 30 to July 3, 2025. Source: Google Finance In…
Stocks surged to record highs once again after positive jobs data sparked a market rally. Bitcoin however, chugged along, mostly flat. Jobs Report Buoys Optimism, Bitcoin Flat As Stocks Surge Market sentiment was positive across the board on Thursday after the U.S. Bureau of Labor Statistics revealed better than expected June employment data. The economy […] Source CryptoX Portal
Key takeaways: XRP breaks out of a “pennant” on the weekly chart, hinting at 40% gains to $3.20. Several positive developments and increasing open futures open interest signal XRP’s ability to break out of consolidation. XRP (XRP) price confirmed a “pennant” pattern on the weekly chart, a move associated with strong upward momentum. Key developments surrounding Ripple and a surge in XRP futures demand may signal the start of a rally to $3.20 or higher. Increasing OI backs XRP price uptrend XRP rose in tandem with the wider crypto market…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum (ETH) has recently experienced a significant resurgence, reaching a three-week high of $2,600 after a notable spike on Wednesday. This uptick comes at a time when a key company is considering ETH as a potential…
Key Notes BONK completed harmonic pattern breakout from falling wedge structure with price holding above $0.00001450 support zone. Open interest jumped 15.57% to $12.63M while trading volume spiked 38.13% indicating renewed trader confidence. Gen1 Solana Mobile reward program ending July 31 could reduce circulating supply supporting long-term price action. Bonk BONK $0.000015 24h volatility: 11.7% Market cap: $1.18 B Vol. 24h: $219.64 M price is showing signs of early reversal after weeks of downside pressure. On the 4-hour chart, BONK is trading near $0.00001506, having broken above a six-week falling…
Key Notes The US M2 money supply has reached an all-time high of $21.94 trillion, growing 4.5% year over year. BTC remains inside a descending channel since its $112K peak but shows resilience above key levels. The increase in M2 money supply indicates increased liquidity that could boost risk assets like Bitcoin. The M2 money supply, a broad gauge of circulating currency including cash, checking deposits, and money market funds, just surpassed its previous peak from March 2022. Year-on-year growth is now at 4.5%, the highest in 3 years, signaling…
Key Notes Public companies have been accumulating more BTC than ETFs for three consecutive quarters. A rare mix of profit-taking and capitulation by whales in late June suggests a local bottom for Bitcoin. Eventually, capital for Bitcoin will rotate into Bitcoin, resulting in a delayed but eventual altcoin season. Crypto investors find themselves at a crossroads, as the current Bitcoin BTC $107 374 24h volatility: 0.8% Market cap: $2.14 T Vol. 24h: $28.14 B cycle has yet to see an altcoin season, with Bitcoin’s strength overshadowing weaker altcoins. Despite sideways…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…