Crypto World
ETH at $1,730: Down 65% With Its Biggest Upgrade Weeks Away
Ethereum (ETH) trades near $1,730, a level last seen in March 2023, after losing 65% from its August 2025 all-time high. Meanwhile, its biggest upgrade since The Merge is approaching with almost no market attention.
On-chain activity remains at bull market levels, yet social interest has collapsed. The technical structure, however, keeps pointing lower as a nine-month downtrend presses the Ethereum price against its last major support.
Glamsterdam Becomes the Catalyst Nobody Is Watching
The Glamsterdam upgrade will be Ethereum’s first major base-layer throughput overhaul since 2022, changing how the network assembles blocks. Crypto analyst Ted Pillows called it the biggest Ethereum upgrade since The Merge.
According to his estimates, the gas limit will rise from about 60 million to 200 million, roughly three times higher. He also projects throughput of up to 10,000 transactions per second and gas fees up to 78% lower.
Devnet-5 and Devnet-6 are already running. Pillows points to an internal mainnet target in late August, while Q3 2026 remains the realistic launch window after the ePBS delay.
“Feels like a fundamental H2 catalyst that’s still flying under the radar while ETH is trading near the lows,” Pillows wrote.
The upgrade also arrives alongside Vitalik Buterin’s Lean Ethereum roadmap, which targets over 10x lower fees but has drawn pushback on its timeline.
Some traders are already positioning aggressively for a rebound. One wallet just opened a $19.9 million ETH long with 20x leverage, with a liquidation price sitting only $50 below its entry. Analysts recently warned that unliquidated longs already dominate major assets, making such bets exceptionally fragile.
On-Chain Data Shows Real Usage Without the Hype
Glassnode data reveals a striking divergence. The 30-day moving average of active addresses holds near 450,000, the same band recorded in August and September 2025, when the Ethereum price traded above $4,500 at cycle highs.
Network usage has therefore decoupled from price. Activity peaked near 740,000 addresses in February 2026, and current readings remain historically elevated even with ETH down roughly 65% from the top.
Sentiment tells the opposite story. Santiment shows ETH social dominance at just 0.587%, among its lowest readings in over a year.
There is no hype and no capitulation chatter either, only apathy. Historically, such disinterest has often accompanied late-stage bear phases rather than market tops.
ETH Price Prediction: $1,754 Is the Line in the Sand
The weekly chart shows the Ethereum price at $1,730, an area that ETH broke out from in March 2023.
The 0.786 Fibonacci retracement at $1,753.66 acts as long-term support, and buyers have defended this zone five times in the past.
Weekly RSI sits near 38, a low reading that has not yet reached bearish extremes. The nearest resistance stands at the 0.618 Fibonacci level of $2,438, about 41% above the current price. A confirmed breakdown would expose the full retracement at $881.56, roughly 49% lower, near the previous cycle bottom.
The daily chart strengthens the bearish case. A descending trendline from the August 2025 all-time high has capped every recovery attempt, most recently rejecting the price from the 0.618 level in May.
That trendline now presses ETH directly against the 0.786 support zone. The squeeze suggests the level may not hold, which could send the price deeper in late summer or early autumn. ETH appeared in far stronger setups as recently as May, before this structure broke down.
Daily RSI confirms the pressure. Its own descending trendline has rejected momentum three times since January, and a fourth rejection now pushes the indicator back to a neutral 51.
If buyers defend $1,754 into the Glamsterdam launch window, ETH could attempt a recovery toward $2,438. A weekly close below the zone, however, would likely confirm the breakdown and shift the target toward $881.
The post ETH at $1,730: Down 65% With Its Biggest Upgrade Weeks Away appeared first on BeInCrypto.
Crypto World
SHIB’s Path and Why Launch Week Belongs to Bullski’s Priority List
Any honest Shiba Inu price prediction starts from the same fact: SHIB already made its legendary run, and the next one has to move hundreds of trillions of tokens.
So this forecast maps a path instead of promising fireworks, through the burns, Shibarium, the supply math, and the meme cycle. It also covers the other Ethereum meme story this week, a brand new stage one opening Friday on Bullski’s official website, where the free priority list is filling ahead of launch.
SHIB’s Path From Here
SHIB launched on Ethereum in August 2020 and turned a joke into an empire: Shibarium, its own layer 2, a burn portal steadily retiring tokens, listings on most major exchanges, and one of the biggest holder bases in crypto. The project outgrew the meme label years ago, which is exactly what a forecast has to price.
Mature coins move differently. SHIB trades with Bitcoin and the broader meme cycle more than on its own headlines, and the wild percentage days of 2021 have given way to slower, heavier swings. The question is no longer survival, it is how far this base carries the next leg.
Shiba Inu Price Prediction: The Scenarios
Four forces set the path. Burns retire tokens daily, at a pace that trims the supply rather than transforms it. Shibarium adds transactions, and more activity means more burning and more reasons to hold.
Against both stands the big headwind, a circulating supply in the hundreds of trillions, so every rally needs enormous new money just to move the price. The wild card is the meme cycle, which still lifts SHIB hard in risk-on seasons.
Here is how those forces stack into scenarios along SHIB’s path, hedged the way any honest forecast should be.
|
Phase |
Bear |
Base |
Bull |
|
Range phase (now) |
Slides toward the bottom of its long range |
Chops sideways while burns trim supply |
Reclaims the top of the range early |
|
Meme cycle turn |
The bounce fades under old resistance |
New yearly highs alongside the sector |
Leads the sector as the household name |
|
Shibarium traction |
Activity stays too thin to matter |
Burn pace grows and the floor firms up |
Demand plus burns start work on a zero |
|
Full breakout |
The 2021 peak stays out of reach |
A long climb back toward old highs |
A genuine retest of the $0.00008845 record |
Watch out: SHIB’s enormous supply means even a strong rally moves the price by fractions of a cent. Size expectations to that math, not to screenshots from 2021.
Shiba Inu Technical Analysis: Levels to Watch
Analysts track three things on the SHIB chart: whether it defends its multi-year range lows, how it behaves around the round-number zero lines that act as psychological support and resistance, and how much air sits under the $0.00008845 all-time high from October 2021. Momentum arrives in bursts with the meme cycle, so the levels matter most when volume suddenly returns.
Why Launch Week Belongs to the New Ethereum Meme
Here is the part of the SHIB story people forget: there was never a SHIB presale. The token simply appeared on Ethereum in 2020, and whoever found it before the crowd caught the entry everyone has hunted since.
That is what makes this week different. Bullski ($BULLSKI) is the new Ethereum meme, an ERC-20 token with a fixed 120 billion supply, and its stage one is still ahead of it. The 16-stage presale climbs toward a $0.0025 listing reference, the contract is verified on Etherscan, an audit is in process, and liquidity locks at launch.
Staking and referrals run from day one, so early buyers earn while the stages fill.
The date is set: stage one opens at 5pm UTC on Friday, July 10. Until then, the free priority list is filling with buyers who want the first entry at the lowest stage price.
In short: SHIB proved an Ethereum meme can build an empire; launch week is about the one still laying its first brick.
SHIB Holders’ Launch-Week Move
None of this says sell your SHIB; the long-hold case above is real. The launch-week move is about the other slot in a meme portfolio, the early-entry slice that SHIB, by its own success, can no longer be.
Reserving that slice takes minutes. Head to the official site and add yourself to the priority list, then have an Ethereum wallet funded with ETH or USDT before Friday evening. When stage one opens, priority members enter ahead of the public rush, buy at the first stage price, and can put their tokens straight into staking while the crowd is still finding the page.
$250 USDT Giveaway: launch week comes with a bonus. Bullski’s “Bullish by Default” draw is sending $250 USDT to one winner, picked at random, no purchase needed. You can get in the Bullski giveaway by joining the Telegram and following on X, with extra entries for inviting a friend. Winners are announced only on the official channels, and the team will never ask for your keys.
Shiba Inu Price Prediction FAQ
What is the Shiba Inu price prediction?
The honest answer is a range. The base case keeps SHIB tracking the meme cycle while burns and Shibarium slowly tighten supply, the bull case works back toward old highs, and the bear case is a longer sideways drift.
Can SHIB break out this cycle?
It can, and it has surprised the market before. A strong meme season, rising Shibarium activity, and a faster burn rate are the ingredients to watch. The caveat is scale: lifting a coin with hundreds of trillions of tokens takes far more new money than it did in 2021.
What is holding SHIB back?
Mostly its own size. With a circulating supply in the hundreds of trillions, even large inflows nudge the price rather than move it, and the easy discovery phase ended years ago. Burns help at the margins, but that math is the headwind every SHIB forecast has to respect.
What launches this week on Bullski?
Stage one of the 16-stage Bullski presale opens this Friday at 5pm UTC. Priority list members enter first, buy $BULLSKI with ETH or USDT at the earliest price, and can stake immediately as the sale climbs toward the $0.0025 listing reference.
For More Information
Website: Visit the official Bullski website at bullski.io
Telegram: Join the Bullski Telegram channel at t.me/BullskiCoinOfficial
X (Twitter): Follow Bullski on X at x.com/bullskicoin
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Officials Set to Revise MiCA to Cover Non-EU Stablecoin Issuers: Report
European Union officials are reportedly planning to revise the Markets in Crypto-Assets (MiCA) framework amid the implementation of a US law on stablecoins.
According to a Wednesday report from Euronews, EU officials planned to revisit proposed changes to MiCA to broaden the framework’s scope, specifically regarding non-EU companies issuing stablecoins.
The revised rules, which authorities will reportedly consider in 2027, were in response to the US government’s Guiding and Establishing National Innovation for US Stablecoins, or GENIUS, Act, putting pressure on EU officials to clarify how US stablecoin issuers could be regulated in member states. Officials will also reportedly consider expanding MiCA to include rules on tokenized payments and deposits.
Under MiCA, crypto companies offering services to EU-based users across 27 member states must now be licensed as Crypto-Asset Service Providers (CASPs) by a regulator in one of the member states. Although the licensing requirement took effect on July 1, European Commission officials had already opened a comment period for potentially revising the framework, including provisions on decentralized finance (DeFi) and stablecoins.
Related: Stablecoin-settled TradFi perpetual trading tops $1.1T: Binance Research
The proposed framework, which some have dubbed “MiCA 2.0,” will remain open for comments until Aug. 31. However, Miroslav Durić, a senior associate at Taylor Wessing, told Cointelegraph in June that it was unlikely that “any concrete legislative proposals will be adopted before 2028.”
In addition to the GENIUS Act, US lawmakers are reportedly continuing discussions to advance their own version of market structure called the Digital Asset Market Clarity (CLARITY) Act. The bill, advanced by two key committees in the previous 12 months, is expected to head to a vote in the Senate in July before the chamber breaks for month-long state work periods.
EU regulators reviewing crypto custody risks
The European Securities and Markets Authority, one of the regulators supporting the implementation of MiCA, announced on Wednesday that it planned to review the operational resilience of CASPs licensed under the recently enacted framework. From July through the first half of 2027, EU regulators will examine how crypto companies handle custody-related operational risks.
Crypto World
Circle faces July 18 GENIUS Act test as CRCL stock risks fresh slide
Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares.
Summary
- U.S. regulators must publish GENIUS Act implementation rules by July 18, putting Circle and stablecoin issuers in focus.
- CRCL stock remains under bearish pressure, with charts showing key support near $61.70 and downside risk toward $49.
- Coinbase shares have also weakened below $160 as investors await regulatory clarity and monitor key technical levels.
According to the GENIUS Act signed by President Donald Trump on July 18, 2025, federal agencies were given one year to prepare the regulatory framework governing stablecoin issuance, licensing, reserve management, and supervision.
That transition period expires on July 18, 2026, leaving the Federal Reserve, the U.S. Treasury, and other financial regulators with just days to release the required guidance.
The upcoming rules are important for Circle because the company issues USDC, one of the largest stablecoins by circulation. As crypto.news previously reported, any changes affecting reserve standards, licensing requirements, or issuer obligations could influence investor expectations for Circle’s business and, by extension, CRCL stock.
July 18 rules could become the next catalyst
Regulatory attention arrives as lawmakers remain divided over the second major U.S. crypto market structure bill.
Prediction market platform Polymarket currently assigns a 45% probability to the CLARITY Act becoming law. The bill has faced opposition from banks, which argue that allowing companies such as Circle and Coinbase to offer yield on stablecoin balances could encourage customers to move money out of traditional bank deposits.

While Congress continues debating the CLARITY Act, investors are now focused on the rules tied to legislation that has already been enacted. Unlike the pending bill, the GENIUS Act requires regulators to publish detailed implementation guidelines before the statutory deadline.
Market participants will be watching whether the agencies introduce stricter capital, reserve, disclosure, or licensing standards that could affect stablecoin issuers operating in the United States.
Technical charts continue to favor sellers
CRCL shares traded around $63 on July 8 after falling 2.84% during the session as geopolitical tensions weighed on risk assets following President Trump’s statement that the Iran ceasefire had ended.
The daily chart also shows that the stock remains locked in a sustained downtrend. Price continues to trade below a descending trendline that has capped every recovery attempt since May, while the Supertrend indicator remains bearish with resistance near $82.

Technical support is clustered around $61.70, which coincides with the 100% Fibonacci retracement level visible on the daily chart. A confirmed break below that level through three consecutive daily closes could expose the February low near $49, extending the current decline.
Momentum indicators continue to support the bearish outlook. The Relative Strength Index has slipped to about 35, showing that sellers still control the trend even as the stock approaches oversold territory. Although an oversold reading can precede a rebound, the chart has yet to produce a confirmed reversal signal.
Coinbase shares have also weakened alongside Circle. COIN traded below the psychological $160 level after failing to clear resistance around $168, a rejection that interrupted the recovery that began at the end of June.
The Coinbase chart likewise points to continued caution. Shares remain below a descending trendline, while the Chaikin Money Flow indicator has stayed negative, suggesting capital continues to leave the stock.

If selling pressure persists, the next support sits near $149, followed by the June 26 low around $139. A sustained move back above $168 would be needed before the technical outlook begins to improve.
Crypto World
XRP Price Prediction: Validators Welcome XRP Ledger Last Upgrade
XRP price prediction remains in focus as the coin experiences another quiet pullback. The token has slipped about 2% over the past day, but sellers have not taken full control. For now, it looks more like a coffee break than a panic.
The latest XRP Ledger server upgrade, v3.2.0, has crossed the key validator threshold. Thirty-one of the 35 validators on the default Unique Node List now run the new version. That comfortably clears the 80% level needed for stable network consensus.
Meanwhile, most relay nodes still use the older release, but they do not determine consensus. Validators carry that responsibility, making their adoption rate the figure that matters most. Even so, the fixCleanup3_2_0 amendment still needs more validator backing before activation.
XRP has also held up better than much of the crypto market over the past week. That keeps the recent dip looking like consolidation instead of a trend reversal. If buyers defend nearby support, bulls could soon have another shot at higher prices.
Discover: The Best Token Presales
XRP Price Prediction: Reclaim $1.2 This Week?
XRP price prediction has turned cautious after the token slipped to about $1.10. The latest session traded between roughly $1.10 and $1.12. Even so, XRP is still hovering near a level buyers have defended several times lately.
Support sits around $1.05 to $1.10, where buyers have repeatedly stepped in. Meanwhile, resistance remains near $1.15 to $1.18. It is not the flashiest chart around, but sometimes boring charts save traders from expensive lessons.
If XRP holds above $1.10, buyers could make another run toward $1.18. On the other hand, a daily close below $1.05 would weaken the recent structure. That could expose the psychological $1.00 area, with about $0.98 acting as the next notable support.
The recent XRPL validator upgrade is a welcome improvement for the network. Still, technical upgrades rarely lift prices without stronger demand behind them. For now, trading volume, market sentiment, and fresh capital flows are likely to matter more than software updates alone.
Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
Bitcoin Hyper Targets Early-Mover Upside as XRP Tests Key Levels
XRP holding $1.10 after a 4.4% weekly outperformance is a reasonable position, but at a $65 billion market cap, the asymmetric upside a trader might want requires a significant re-rating. That math pushes some capital toward early-stage infrastructure with a smaller base and a specific technical edge.
Speculative positioning on XRP’s longer-term targets remains elevated, but traders looking for asymmetry at current prices are increasingly eyeing presale infrastructure plays.
Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with SVM integration, combining Bitcoin’s security with Solana Virtual Machine execution speed, targeting performance that exceeds Solana’s current throughput.
The project has raised $32.9 million at a current token price of $0.0136828, with staking incentives active for early participants. The core proposition is closing Bitcoin’s programmability gaps like slow transactions, high fees, and no native smart contract layer, without sacrificing the base layer’s trust model.
Research Bitcoin Hyper here before considering any allocation.
Discover: The Best Crypto to Diversify Your Portfolio
The post XRP Price Prediction: Validators Welcome XRP Ledger Last Upgrade appeared first on Cryptonews.
Crypto World
Bitcoin Price Prediction: Can Tether’s Brazil Push Boost BTC Despite Europe’s USDT Exit?
Bitcoin price is trading around $62,700 after clawing back from last week’s slide below $60,000, as a bearish prediction remains. The rebound has steadied nerves, but conviction remains thin. After nearly $1 billion in liquidations, traders are still treating every bounce like it owes them money.
Now Tether is shifting attention south. The stablecoin issuer is leading a $20 million strategic funding round for Mercado Bitcoin, Latin America’s largest crypto platform. Founded in 2013, the exchange serves about 4.5 million users, has tokenized more than R$2 billion in assets, and holds over ten regulatory licenses across Brazil and Europe.
The timing is no accident. Europe’s MiCA rules are now fully in force, and USDT lacks the required e-money authorization. As a result, several major exchanges have removed USDT trading for users in the European Economic Area, pushing Tether to double down on regions where adoption is still expanding.
That makes Brazil more than just another growth market. It gives Tether a chance to deepen stablecoin usage, tokenized finance, and cross-border payments where demand is rising. If that strategy delivers, fresh liquidity could eventually find its way into Bitcoin. If not, it simply becomes a smart insurance policy against losing ground in Europe.
Discover: The Best Crypto to Diversify Your Portfolio
Bitcoin Price Prediction: Reclaim $65,000 After the Triangle Breakdown?
Bitcoin has steadied after shaking off a failed breakdown, but the chart still keeps traders guessing. Buyers quickly reclaimed lost ground instead of letting the slide snowball. That is encouraging, although one good bounce does not magically erase earlier weakness. Bitcoin is trading near $78,400, up about 2.8% over the past day and roughly 5% over the week.
The technical setup remains a tug of war. A failed bearish pattern often invites bargain hunters, yet sellers rarely leave quietly. That leaves price stuck in a familiar game of tug of war, where conviction matters more than one flashy candle.
Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
The first level worth defending sits around $76,000, where buyers recently stepped in. If that floor cracks, momentum could fade quickly. On the upside, resistance stands near $80,000. A decisive daily close above that level, backed by healthy volume, would give bulls something more convincing than crossed fingers.
If buyers keep control, Bitcoin could challenge the $84,000 region next. A quieter outcome sees price drifting between $76,000 and $80,000 while traders digest recent gains. However, a daily close below $76,000 would hand sellers fresh momentum and put $74,000 back into focus.
The longer term trend still favors higher prices, but the next couple of weeks deserve attention. Markets have a habit of exposing weak rallies without sending an invitation first. A sustained move above resistance would strengthen the bullish case, while another rejection would keep traders patient instead of heroic.
Discover: The Best Token Presales
Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key Levels
Bitcoin price consolidating near $63,000 after a high-leverage washout is a familiar setup: the spot asset has repriced, upside from current levels is real but capped with macro prediction, and the outsized return window sits further up the risk curve. That’s the structural argument for early-stage Bitcoin infrastructure plays, not as a substitute for BTC exposure, but as a way to capture build-out value before it’s priced in.
Bitcoin Hyper ($HYPER) is positioning directly inside that thesis. It’s building what it calls the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. It boasts sub-second finality and low-cost smart contract execution layered on top of Bitcoin’s security model, with a Decentralized Canonical Bridge handling BTC transfers.
The pitch isn’t theoretical: the presale has already raised $33 million at a current price of $0.0136828, with staking available for presale participants. If the broader BTC macro cycle plays out as aggressively as some models suggest, infrastructure layers capturing that activity tend to move early.
Research Bitcoin Hyper at the official presale page before the next stage reprices.
Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
The post Bitcoin Price Prediction: Can Tether’s Brazil Push Boost BTC Despite Europe’s USDT Exit? appeared first on Cryptonews.
Crypto World
Donald Trump vows fresh Iran strikes as $500B vanishes from markets
More than $500 billion has been wiped from U.S. stock markets after President Donald Trump declared the U.S.-Iran ceasefire effectively over and warned that Washington could launch fresh military action against Iran.
Summary
- Donald Trump declared the U.S.-Iran ceasefire over and warned fresh military action against Iran could follow.
- More than $500 billion was erased from U.S. stock markets as oil surged and crypto prices extended losses.
- Bitcoin slipped toward key support while traders monitored risks to Iran’s Kharg Island oil export terminal.
According to remarks Trump made to reporters, he no longer considers the ceasefire in effect, saying, “I don’t want to have anything to do with them anymore; they’re scum.” During separate comments at the NATO Summit, Trump also said the United States would “probably” strike Iran again later that night, reigniting fears of a broader conflict across the Middle East.
Those remarks came only days after indirect talks between U.S. and Iranian negotiators, with mediation from Qatar and Pakistan in Doha, had reportedly produced positive progress. Tuesday’s statements raised doubts about whether those diplomatic gains could survive.
Markets reacted immediately. U.S. equities fell sharply, crude oil climbed, and cryptocurrencies extended losses as investors moved away from risk assets. Trump’s remarks also drew attention because he mistakenly referred to Iran as the “Islamic Republic of Japan” while describing what he said was an attack involving 11 missiles against a U.S. aircraft carrier.
Oil and equities have reacted first to renewed geopolitical fears
Energy markets recorded one of the strongest reactions. Crude oil jumped about 5%, testing resistance near $75 after traders priced in the possibility of supply disruptions. If prices establish themselves above the $72 level, technical price action suggests oil could challenge $78 in the short term.
Wall Street also turned lower. The S&P 500 fell roughly 1%, the Nasdaq 100 lost 1.5%, and the Dow Jones Industrial Average dropped 1.3%. Intraday trading pushed the S&P 500 down to around 7,429 before stabilizing slightly near 7,437.
Gold failed to benefit from the initial flight to safety, sliding about 2.5% from roughly $4,100 to $4,030.
Digital assets followed the weakness in equities. According to CoinGlass, 125,335 traders were liquidated over the past 24 hours, with total liquidations exceeding $385 million across the crypto market.
Bitcoin also extended its decline after already coming under pressure following reports that an oil tanker had been attacked in the Strait of Hormuz earlier this week. The cryptocurrency was trading near $62,200 at the time of writing after failing to reclaim resistance around $63,200, a level that coincides with the 78.6% Fibonacci retracement on the daily chart.

Technical indicators also show Bitcoin remaining below its Supertrend resistance near $65,800 while continuing to trade beneath a descending trendline, suggesting sellers still hold the advantage. If geopolitical tensions intensify further, the next major support lies near $57,900, with intermediate support around $61,500.
Trump’s warning about Iran’s infrastructure has raised supply concerns
Alongside declaring the ceasefire finished, Trump outlined what he claimed the U.S. military could do if hostilities escalate further.
“The U.S. military could destroy all of Iran’s bridges, disable its electrical grid, and destroy its desalinization plants in one day,” Trump said.
Trump additionally discussed Kharg Island, Iran’s primary oil export terminal, saying U.S. forces had struck part of the facility the previous night and suggesting they could eventually control the entire island.
Kharg Island handles most of Iran’s crude oil exports, making it one of the world’s most important energy infrastructure sites. Any prolonged disruption there could reduce global crude supplies and keep upward pressure on oil prices.
As traders continue assessing Washington’s next move, developments around Iran’s oil infrastructure are expected to remain one of the main drivers for oil, equity, and cryptocurrency markets in the coming sessions.
Crypto World
Bitcoin Drops Gains As Bulls Cut Risk Ahead of Fed Minutes Release
Bitcoin (BTC) trades slightly above $62,000 and is down nearly 2% over the past 24 hours amid a risk-off mood across global markets. The pressure is not coming from crypto exclusively and is more so attributed to a sharp selloff in semiconductor and AI stocks.
Renewed profit-taking from Samsung sent Asian markets reeling overnight, and military escalation between the US and Iran sent oil up around 5%. As a result, US stocks opened lower, and on Wednesday the Federal Reserve released the minutes from its June meeting, a report traders typically watch closely for clues on the timing of any rate cut.
Currently, markets price roughly a 73% chance the Fed holds rates steady at its next meeting on July 29, but the major takeaway for investors will be how the tone of the minutes frames the Fed’s view on inflation and interest rates.
Bitcoin buyers quickly became sellers
Bitcoin’s cumulative volume delta (CVD) showed traders buying on Monday, with futures CVD adding about $585 million and spot CVD adding nearly $119 million, for a combined $705 million in net buying as BTC rallied above $64,000.
By Wednesday, the mood had shifted to reflect traders’ apprehension and the need to cut risk ahead of oil’s advance, the semiconductor selloff and the pending release of the Fed minutes. Futures market selling accelerated to nearly $500 million and spot followed with a $86 million sell volume.

BTC/USD spot and futures CVD. Source: Hyblock
Bitcoin’s funding rate and open interest dropped, reflecting traders’ choice to cut positioning, but the week-long trend of positive funding rates remains intact.

BTC/USD funding rate, open interest. Source: Hyblock
Liquidations have also stayed relatively small in dollar terms, but they are one-sided. Wednesday’s forced selling was almost entirely on the long side, with roughly $47 million in long liquidations versus about $4 million in short liquidations.
Hyblock’s liquidation data shows a large cluster of long positions near $61,000 and if Bitcoin trades down into that zone, those forced sales can briefly accelerate the move lower.
A trend reversal is not confirmed
Although Bitcoin bulls put in a good effort, absorbing dips to $60,000 and below, and fresh flows from spot markets and BTC ETF buying show investor appetite in the current range, the bulk of the price move remains driven by futures activity.
Wednesday’s price action demonstrates how fast conviction and price can unravel when the primary fuel behind the move is futures-driven, and sentiment across the crypto market remains in the “fear” category according to the Crypto Fear & Greed index.

Crypto Fear & Greed Index. Source: Alternative.me
Beyond the geopolitical and Fed-related impact on intra-day price action, Strategy’s recent sale of 3,588 BTC and the fact that Bitcoin’s current price is below its $74,582 average price have cast an ominous cloud over the wider market as investors grapple with the reality that the largest BTC treasury could become a frequent seller.
Crypto World
Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money
Bitcoin maximalist Justin Bechler has warned that the failure of BIP-110 would leave BTC permanently under the control of what he called a “fiat funding apparatus.”
He also argued that the network would lose its role as permissionless, censorship-resistant money.
BIP-110 Is Bitcoin’s “Line in the Sand”
With debate over the proposed soft fork continuing to divide members of the Bitcoin community, Bechler took to X, writing a lengthy post titled “My Plan for the Death of Bitcoin,” where he framed BIP-110 as a direct response to what he called catastrophic spam abuse that BTC’s network has suffered since February 2023, worsened after Core v.30 removed limits on OP-RETURN data.
According to him, Bitcoin’s defining feature is that anyone can run a node to use it as censorship-resistant money. Furthermore, Bechler claimed organizations such as Brink, Chaincode Labs, Spiral, OpenSats, and the Human Rights Frontier are reshaping the future of Bitcoin Core by “waging war against nodes.” As such, he claimed BIP-110 is necessary to protect that principle from growing centralization, and if it failed, it would embolden Core developers to strip away all the remaining restrictions until “nobody runs a node but Wall Street and government institutions.”
“If BIP-110 fails,” he wrote, “Bitcoin will have failed at its singular purpose and it will have been repurposed for non-monetary ‘use cases.’”
The BTC enthusiast also predicted that miners will, in the end, support the proposal because signaling costs them nothing, while rejecting it risks losing block rewards from enforcing nodes.
But despite saying that he would stop running a Bitcoin node and refuse to support a fork were the measure to fail, Bechler insisted that he was still optimistic about the OG crypto network’s future. “Bitcoin will win,” he wrote, adding that BIP-110 had already surpassed the signaling level reached by BIP-148 the day before its activation.
Community Still Divided Over the Proposal
The latest dispute comes on the heels of earlier criticism in late June, when opponents claimed that BIP-110 could make some wallet-generated addresses unspendable once it was activated. And as is expected of such emotive subjects, Bechler’s latest warning also drew mixed reactions across the Bitcoin community.
One of them, BTC Inc’s Brandon, dismissed the post as “the type of rage quit that will form a generational bottom,” while another, podcast host Stephen Livera, argued that supporters of an alternative chain would ultimately create an altcoin separate from “the real Bitcoin.”
In another post, Livera shared comments from BTC developer Gregory Maxwell, who accused some of the advocates for BIP-110 of framing the proposal as an anti-spam measure while denying that same motivation when challenged.
Meanwhile, Chainstone Labs CEO Bruce Fenton took a different position, saying he was not deeply invested in the technical details but also suggesting that the larger risk for Bitcoin comes from increasing centralization and financialization and not the proposal itself.
Others, while remaining supportive of BIP-110, adopted a less absolute stance than Bechler. For instance, CoinCube founder Robert Allen said if the proposal failed, he wouldn’t abandon Bitcoin, although he would become more cautious and would also push for wider support for non-Core implementations such as Bitcoin Knots.
The post Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money appeared first on CryptoPotato.
Crypto World
Ethereum Price Stabilizes as Tether Burns $2.5 Billion USDT Stablecoins
Ethereum is slipping by more than 2% as massive $2.5 billion USDT burn on Ethereum dragged its price prediction down. Although ETH barely flinched, as traders believe the burn looks more like Tether moving liquidity than an exit.
Large redemptions often reflect supply shifting between networks instead of cash leaving crypto altogether. Trading volume stayed around $10 billion, showing buyers and sellers kept business humming.
Even so, Ethereum has held onto much of its recent recovery. The token remains roughly 10% higher than a week ago despite today’s pullback. That suggests traders are taking profits without triggering the kind of panic that usually sends charts into freefall.
Attention now shifts to upcoming U.S. inflation and policy updates, which could spark the market’s next move. Until then, Ethereum may keep drifting inside its current range. Traders seem content to wait, even if the blockchain never really sleeps.
Discover: The Best Token Presales
Can Ethereum Price Hit $1,850 This Week?
Ethereum is trading around $1,730 after losing momentum from its recent rebound. The latest pullback has pushed price below the previous support zone, putting sellers back in control. Bulls have some work to do before anyone starts talking about a comeback.
The first support now sits around $1,700. If that level fails, Ethereum could slide toward $1,620, with $1,530 as the next major downside target. Catching a falling knife sounds exciting until you remember who usually gets cut.
Meanwhile, resistance has shifted lower to the $1,750 to $1,770 area. Ethereum needs to reclaim that zone before traders can target $1,845 and $1,865 again. A stronger recovery could eventually bring $1,975 into view, but that remains a stretch for now.
The base case is continued choppy trading while investors wait for fresh macro catalysts. However, a sustained move back above $1,770 would improve the technical picture. Until then, the bears have the upper hand, even if they still can’t resist taking a victory lap too early.
Discover: The Best Crypto to Diversify Your Portfolio
LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels
ETH at $1,750 is a recovery, not a breakout. Traders positioned since the $1,500 low are sitting on 10% gains, but the $1,865 resistance wall means meaningful additional upside requires a macro catalyst that isn’t confirmed yet. For capital looking for asymmetric exposure without waiting on the next Fed print, early-stage infrastructure plays carry a different risk-reward profile entirely.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project positioning itself as a unified cross-chain execution environment, fusing Bitcoin, Ethereum, and Solana liquidity into a single layer.
The architecture (Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, Deploy-Once) targets the fragmentation problem that makes cross-chain development genuinely painful.
As of today, the presale is currently priced at $0.01477, with $890K raised. Recent coverage has tracked its trajectory toward the $900,000 milestone.
Research LiquidChain before making any allocation decision.
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The post Ethereum Price Stabilizes as Tether Burns $2.5 Billion USDT Stablecoins appeared first on Cryptonews.
Crypto World
Sadot Group crashed 72%, halted five times today after short-seller report
Nasdaq halted trading in Sadot Group (SDOT) five times this morning as its shares collapsed as much as 72% from yesterday’s close.
The plunge followed a report from short-seller Fugazi Research, which declared that the company has “no meaningful fundamental value and is unsuitable for investment.”
The Nasdaq-listed agri-food company, once a burger chain known as Muscle Maker Grill, still has large financial obligations and evidently collapsing investor confidence.
By late morning in New York, the stock changed hands near $14, down about 65% from Tuesday’s $40.00 close. It briefly traded down to an intraday low of $11.01, or 72% below its 4pm price yesterday.
Each plunge tripped Nasdaq’s trading breakers, designed to maintain orderly market pricing.
As the volatile and relatively small company has swung wildly over the past few weeks, Nasdaq’s limit-up and limit-down circuit breakers have interrupted SDOT trading on roughly a dozen business days since early June.
From burgers to commodities trading
Fugazi Research’s report frames Sadot’s serial reinventions as “monkey-branching” across flimsy businesses. The report’s title derided the company, reading, “Raise Money, Change the Story, Sell Nothing, Repeat.”
The short-seller’s central allegation is that after all of Sadot’s pivots “there is no longer an operating business generating revenue.”
Sadot Group began as Muscle Maker, Inc., a fast-casual restaurant operator, rebranding in 2023 as a global agricultural commodities trader. It positioned itself alongside giants like Cargill and Bunge.
That trading arm booked $132 million in revenue in the first quarter of 2025. One year later, for the quarter ending March 31, 2026, that division reported $0.
Pivots came fast. Sadot sold Muscle Maker Grill and its Pokémoto restaurant brands to Marv Brands in December 2025.
It lost a food farm to a court judgment the same month.
Next, it sold its last trading unit, Sadot Latam LLC, on June 26 for $1,000 in cash plus a share of receivables it does not expect to collect.
As the company pivoted its strategic direction, its balance sheet persisted and deteriorated.
Read more: This penny stock pivoted to Solana and Hyperliquid and lost 99.9%
Sadot Group’s lopsided balance sheet
The company’s Q1 filing shows total liabilities of $60.8 million against total assets of $2.4 million, a shareholders’ deficit of $58.4 million, and discloses substantial doubt about its ability to continue as a going concern.
Management, meanwhile, have been busy diluting shareholders to try to rescue the failing enterprise. In early June it acquired a UAE software company and its trading platform for a headline $12 million, payable almost entirely in stock.
It also took a six-month option on a $125.5 million California real estate portfolio, again payable in stock.
These dilutive events for shareholders have decimated its long-term stock price. Sadot has executed three reverse stock splits within the past two years, most recently a 1-for-20 reverse split on May 27.
Shares have lost 90% of their value over the past 12 months, and 99% over the past five years.
Distressed companies use the reverse split maneuver to manufacture a share price above Nasdaq’s $1 minimum bid requirement per share.
Not enough stockholder equity
However, using reverse splits is not enough to stay listed. Separately, Nasdaq has warned that the company no longer meets its minimum stockholders’ equity rule, and also flagged it in April for filing its annual report late.
Nasdaq’s minimum equity requirement is “either a market value of listed securities of $35 million or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years.”
It’s not a particularly high bar for a publicly traded company, yet Sadot Group is certainly struggling to meet it.
Nor is it particularly difficult for a public company to file annual reports on time, but Sadot failed to do that, too.
Fugazi Research also cited a near-term, upcoming catalyst as a possible date of reckoning.
On August 13, Sadot Group is due to release its Q2 earnings announcement. When it discloses results for this quarter, Fugazi Research predicts, the company could disclose that it doesn’t have an operating business generating revenue.
For now, the Nasdaq tape is recording the panic among traders vying for position ahead of the company’s upcoming disclosures about its good, bad, or possibly non-existent Q2 revenue.
SDOT traded as high as $106 intraday on July 2 and closed yesterday at $40.
Shares hit an intraday low of $11.01 today, and its terrifying 52-week range spans from $460 down to $2.63.
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