Tag: Support

Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says

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As Bitcoin (BTC) consolidates near the $119,000 mark following a new all-time high (ATH) above $123,000 last week, several on-chain indicators are presenting a mixed picture regarding the cryptocurrency’s next major move. Bitcoin On-Chain Data Shows Mixed Outlook According to a CryptoQuant Quicktake post by contributor Chairman Lee, BTC exchange reserves have risen noticeably since late June. This sharp uptick suggests increased profit-taking activity, which could weigh on BTC in the short-term. BTC reserves on exchanges continue to decline as price remains elevated | Source: CryptoQuant Large holders and miners…

Will Bitcoin Impede Or Support Altcoin Rally? On-Chain Data Signals Market Uncertainty

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According to an on-chain analyst on X, Bitcoin has decoupled from other cryptocurrencies or altcoins, which could lead to a severe price downturn within the market over the next day. Why Traders Should Brace For Impact In a July 18 post on the social media platform X, Joao Wedson, founder of crypto analytics firm Alphractal, reported that the Bitcoin price might witness a significant drop over the next day. The crypto analyst based his conclusion on multiple results obtained from on-chain analysis using three major metrics.  Related Reading First, Wedson…

Bitcoin Price Watch: Bulls Hold the Line as $117,000 Support Faces Key Test

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Bitcoin posted a price of $117,866 on July 17, 2025, supported by a market capitalization of $2.34 trillion and a robust 24-hour trading volume of $49.313 billion. The 24-hour intraday price range fluctuated between $117,715 and $120,008, highlighting continued volatility within a consolidating structure. Bitcoin On the daily chart, bitcoin reversed from a recent low […] Original

RGB Protocol Launches on Bitcoin With Tokenized Asset Support

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Smart contract and asset issuance system RGB Protocol said it had launched on the Bitcoin mainnet, enabling tokenized assets like stablecoins, non-fungible tokens (NFTs) and custom tokens within the Bitcoin ecosystem.  On Thursday, the protocol announced that tokenization tools allowing users to create, send and manage digital assets on Bitcoin and the Lightning Network were available.  The protocol said it enables new tokenization functions on top of the network, while preserving its principles of decentralization, privacy and self-custody.  RGB uses client-side validation, which means that asset data is processed and…

World Liberty Financial Token Proposal Garners Massive 99% Support

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Holders of the World Liberty Financial token, WLFI, have voted overwhelmingly to make these tokens tradable, a decision that could significantly impact their market value and the financial interests of the Trump family.  WLFI Transition From Voting Rights To Tradable Assets World Liberty Financial, a venture associated with Donald Trump’s family, launched the WLFI tokens last autumn as part of its decentralized finance (DeFi) platform, which also includes a stablecoin called USD1.  Initially, these tokens were not designed for trading; instead, they granted holders voting rights on certain business developments,…

Ripple Custody to Support Dubai Land Department’s Tokenized Real Estate Initiative

Ripple has announced a strategic partnership with Ctrl Alt to provide institutional-grade digital asset custody for the Dubai Land Department’s (DLD) Real Estate Tokenization Project. This collaboration will enable secure storage for tokenized real estate title deeds issued on the XRP Ledger (XRPL), marking a significant advancement in the region’s digital asset infrastructure. As the […] Source CryptoX Portal

Bitcoin Gets $100,000 Support Boost Amid Mass Profit-Taking

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Key points: Bitcoin’s speculative investor base now has an aggregate buy-in price of above $100,000. Profit-taking ramps up as $3.5 billion is realized in just 24 hours. The mystery owner of a 14-year-old BTC wallet sends 40,000 BTC to Galaxy Digital. Bitcoin (BTC) speculators hit a new milestone as their aggregate buy-in price passed $100,000 for the first time. The latest data from onchain analytics firm Glassnode confirmed that as of Tuesday, the cost basis of Bitcoin short-term holders (STHs) had reached six figures. Bitcoin short-term holder cost basis now…

XRP Price Corrects After Strong Rally — Support Levels in Focus

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…

OKX Joins Global Dollar Network to Support Paxos’ USDG Stablecoin

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Crypto exchange OKX has joined the Global Dollar Network, a consortium promoting Paxos’ relatively smaller USDG stablecoin, in a move the exchange says could help accelerate adoption of a regulated US dollar-backed stablecoin.  By joining the network, OKX’s 60 million global users will gain access to Global Dollar (USDG) for trading and transfers, the company announced Monday.  OKX already supports several major stablecoins, including market leaders Tether (USDT) and USDC (USDC). Adding USDG — a newer, smaller entrant — could broaden access to regulated digital dollars through a project designed…