It was a year ago this month when the cross-border token stole the show, rode the bull train, and did what many thought was impossible: it broke its all-time high after seven years of pain and suffering.

Since then, though, the correction has been quite severe. XRP lost the $3.00 and $2.00 support levels in the following months before it collapsed to $1.01 during the late June and early July crash. Despite rebounding slightly to $1.07 as of press time, its price action remains highly depressed, struggling at over 70% below last year’s all-time high.

However, here comes CasiTrades’ positive news for the Ripple bulls as the popular analyst believes XRP’s year-long correction might finally be close to an end.

Over Soon?

In her latest analysis on the token’s price performance, she noted that the lower timeframes have shown a potential final 5-wave impulse down, which might take it to the major macro support at $0.87. Several analysts have weighed in on the matter lately, indicating that XRP might indeed bottom somewhere between $0.80 and $0.90.

According to CasiTrades’ vision on how the probable leg down will materialize, she noted that the first wave will be a sharp decline toward $0.93. The subsequent bounce will take the asset to $1.00, which would now serve as major resistance, and the rejection is likely to deliver the aforementioned bottom at $0.87.

“That final move would complete the macro Wave 2 correction and finish off the correction we’ve spent the last year building! The odds still favor one final low into support before the next major trend begins!”

Interestingly, ChartNerd offered a rather identical prediction for the cross-border token, suggesting that the consecutive lower highs can spell trouble and send it to well under $1.00.

What Follows Will Be Massive?

CasiTrades, alongside a few other analysts, believes the aforementioned leg down would be necessary for XRP to cleanse its current market structure and the so-called weak hands before it enters its next phase of expansion. MikybullCrypto also joined the bullish wave, noting that the token is forming something “massive.”

Although the analyst failed to outline a specific target now, he has been quite optimistic about making big XRP forecasts in the past, including a potential run to a new all-time high of $4.00 and beyond.

$XRP

What is coming for XRP will be massive

I love the pattern formation pic.twitter.com/T7ZIHRmtzJ

— MikybullCrypto (@MikybullCrypto) July 14, 2026

The post Ripple’s XRP Is Finishing The Correction It Started a Year Ago: What’s Next? appeared first on CryptoPotato.

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Bitcoin price is trading at $62,900, as we debate whether this pause is simply a reset or something more serious, with bearish prediction. Strategy’s latest move, selling $213 million worth of BTC, caught plenty off guard. A company known for buying rarely grabs headlines for selling, so the market naturally paid attention.

The sale arrived as macro risks piled up. US-Iran tensions escalated after Washington tightened restrictions around the Strait of Hormuz, sending oil prices higher and pressuring global risk assets. Chip stocks stumbled, while Bitcoin briefly slipped before finding buyers again.

Strategy’s updated approach also changes how investors view its role in the Bitcoin market. Instead of treating BTC as an asset that should never be sold, the company is taking a more flexible stance. Management can now sell Bitcoin to strengthen its balance sheet, support capital raises, or improve shareholder returns. That marks a noticeable shift from its long-standing accumulation strategy.

For Bitcoin, the impact is more about sentiment than immediate selling pressure. Strategy remains one of the largest corporate Bitcoin holders, so its long-term commitment has not disappeared. However, traders may no longer assume the company will buy every dip. That could weaken confidence during volatile sessions, especially when macro uncertainty is already keeping buyers cautious.

Meanwhile, leveraged traders took another hit as liquidations cleared out overheated positions and pushed futures funding closer to neutral. That reset eased excessive speculation, although it did not spark a convincing rebound. The market looks calmer, but traders are still keeping one eye on the headlines.

Spot Bitcoin ETF demand continues to provide support underneath the market, helping absorb selling pressure during periods of volatility. Even so, buyers have yet to regain full control. As long as geopolitical tensions remain elevated and Strategy’s new capital strategy remains in focus, Bitcoin could struggle to build enough momentum for a sustained move higher.

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Bitcoin Price Prediction: Reclaim $65,000 or Is a Deeper Correction Due?

Bitcoin is trading around $62,500 price level, with a 24-hour volume close to $30 billion, in a bearish prediction situation. Market activity remains steady, but it still lacks the urgency that usually marks a convincing reversal. Meanwhile, Bitcoin’s market cap sits near $1.24 trillion, while dominance holds around 56%, showing it still leads the crypto market despite recent weakness.

The technical picture remains uncomfortable. TradingView analysis still points to a confirmed bearish break from a multi-month symmetrical triangle. As usual, that former support has turned into resistance. The key zone sits between $63,000 and $65,000. A decisive move back above that range would improve the short-term outlook. Until then, sellers still have the upper hand.

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Three scenarios remain on the table. In the bullish case, stronger spot ETF inflows and easing macro tensions could help Bitcoin reclaim $63,500, opening the door for another test of the $65,000 resistance area. It is not a guarantee, but that is where momentum would finally start looking interesting again.

The base case still favors consolidation between $60,000 and $62,500 as traders reset leveraged positions. It is the kind of market that slowly drains everyone’s patience instead of their wallets. On the other hand, a daily close below $60,000 could expose the $58,000 to $59,000 support zone, where buyers may finally step back in.

Meanwhile, Strategy’s latest Bitcoin approach continues to hang over sentiment. Whether investors see it as caution or simply another funding strategy, the headlines are impossible to ignore. Michael Saylor’s company reshaped how institutions approach Bitcoin accumulation. Because of that, any perceived shift in its playbook naturally grabs attention instead of fading into background noise.

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Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key Levels

When Bitcoin consolidates near $60,000, and macro uncertainty is compressing near-term upside, the calculus for late-cycle BTC entries gets harder to justify. Asymmetric exposure requires looking elsewhere in the stack, specifically, infrastructure plays built on top of Bitcoin that carry their own growth narrative independent of BTC’s short-term price action.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. It’s technically, if executed, would bring sub-second finality and low-cost smart contract execution to the Bitcoin ecosystem without sacrificing BTC’s underlying security.

The presale has raised close to $33 million at a current price of $0.0136831, with staking live for early participants. The combination of a canonical bridge for native BTC transfers and SVM compatibility is the headline differentiator; it targets the programmability gap that has kept institutional developers building on Ethereum and Solana rather than Bitcoin.

The Bitcoin Hyper presale is worth reviewing for traders actively looking for pre-launch Bitcoin ecosystem exposure while BTC itself consolidates. DYOR before committing capital.

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Bitcoin (BTC) traders are watching the July 14 US inflation report, with analysts at crypto trading firm BIT saying it could determine the cryptocurrency’s next move as markets price in 2.6 Fed rate hikes over the coming quarters.

The inflation data is also coming at a time when BTC has steadied after recent volatility, leaving macroeconomic signals in greater control of short-term price direction.

CPI Report Takes Centre Stage for Bitcoin

According to BIT’s latest market update, since the last rate cut outlook that helped lift Bitcoin during the early stages of its fifth bull market in 2023, expectations have changed, with investors increasingly pricing in tighter monetary policy since September 2025, which creates a more difficult backdrop for risk assets, including crypto.

The firm’s report also pointed to comments made this week by Federal Reserve Governor Christopher Waller that policymakers are at a crossroads, something it interpreted as making the current environment more hawkish than before. It also suggested that the inflation reading could quickly change prospects around BTC.

“Tonight’s CPI report is critical for Bitcoin,” read the update. “An inflation reading above 4.0% would likely reinforce expectations for further tightening and add to downside pressure.”

Recall that in the last FOMC meeting, rates were held at 3.50% to 3.75%. However, as minutes from the meeting revealed, there was a divide among officials on future hikes. Some of them, as pointed out by BIT, raised concerns about AI-induced inflation. Furthermore, the latest survey by the New York Fed estimated one-year inflation expectations to be 3.7%, which was the highest since September 2023 after May’s CPI reached a 3-year high of 4.2%.

Bitcoin is coming into the above setup trading near $63,000, having seen very little change in 24 hours but down by about 1% in the last week, with July historically seen as a green month for the OG cryptocurrency.

And it showed signs of that tendency after it recovered from a low near $58,000 to briefly climb above $64,000 before giving back parts of those gains as renewed hostilities between the US and Iran wrecked havoc in the market.

Not Everyone Is Convinced By July’s Seasonal Boost

Despite the rebound, CryptoQuant’s Bull Score Index is at 30, which is still firmly in bearish territory, and analysts have said that it needs a reading above 60 before any rebound counts as more than a bear-market bounce.

In addition, as BIT noted, the US-Iran conflict is not the only negative development Bitcoin has faced, as it also absorbed Strategy’s recent disclosure that it sold 3,588 BTC to fund dividend payments with little impact. It did dip by about $1,000 after the Strategy announcement, but recouped those losses within hours, which, according to the investment firm, suggested that much of the selling had already been anticipated by the market.

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Although most experts anticipated slightly lower US Consumer Price Index numbers for June due to the ongoing ceasefire at the time in the Middle East, the actual data is more promising, showing an even larger decline.

The month-over-month drop is 0.4%, which breaks a three-month streak of consistent increases. BTC’s price reacted with an immediate surge of almost a grand that pushed it to $63,500 briefly.

However, a closer look at the data tells a different story. A large portion of the CPI decline from May’s multi-year record was due to the drop in oil prices in June because of the ceasefire signed between the US and Iran.

The Core CPI, which strips out more volatile sectors such as energy and food, remains unchanged. Furthermore, the ceasefire between the two warring nations ended last week, and the tension has substantially escalated. Oil prices have jumped once again, meaning the July data is likely to surge.

According to a recent analysis, BTC traders are closely monitoring the situation as it could provide a glimpse into the upcoming FOMC meeting, in which the Fed could hike the rates.

Analysts predicted that a reading above 4% YoY could lead to further tightening of monetary policy, impacting BTC negatively. However, the actual 3.5% figure might have the opposite effect.

Bitcoin’s initial reaction was quite positive, as the asset jumped to a daily peak of $63,600 before it retraced slightly. More volatility is expected as the news unfolds and the market prices in the next FOMC meeting.

The post Bitcoin Price Rockets as US CPI for June Comes in Well Below Expectations appeared first on CryptoPotato.

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The American Bankers Association, the Independent Community Bankers of America, and 76 state associations sent Senate leaders a set of targeted revisions to the CLARITY Act, which is pending before the Senate.

The July 13 letter went to Majority Leader John Thune and Minority Leader Chuck Schumer. It focuses on Section 404.

The Targeted Edits Banks Want in The CLARITY Act

Section 404 of the CLARITY Act targets stablecoin yield. It bars covered parties from paying returns solely for holding payment stablecoins or for providing a yield equivalent to bank deposit interest. It preserves activity-based rewards tied to transactions or platform use. 

The signers propose narrow changes to the section, plus a printed markup of the amended text. They want lawmakers to:

• Remove the word “solely” from subsection (1)(A).
• Cut the phrases “on a payment stablecoin balance” and “on an interest-bearing bank deposit” from (1)(B).
• Replace the “economically or functionally equivalent” test with a “substantially similar” standard, wherever it appears in Section 404.
• Delete subsection (3)(B)in its entirety.

The bankers say these would stop firms from engineering incentives that dodge the ban. They also argue that the rewards subsection works against the prohibition it sits beside.

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Banks Warn of Deposit Flight Risk

The groups said that they back responsible innovation and a well-regulated digital asset marketplace but want firmer guardrails. In the letter, the bankers expressed concerns regarding the current language in Section 404.

“In particular, we remain concerned that ambiguities within the bill could encourage stablecoin arrangements to effectively function as substitutes for deposits, despite Congress’s longstanding and clearly stated intent that payment stablecoins should serve as transaction tools rather than store-of-value products,” the association said.

The banking groups say the risk of deposit flight is concrete, not hypothetical. When local deposits shrink, so does the money banks recycle into their own towns.

Those deposits fund home loans, small-business credit, and financing for farmers. The letter frames that lending is the engine behind local growth.

Five US banking lobbies made similar arguments in an earlier letter this year. This round sharpens the specific statutory fixes.

The stablecoin yield is one of three key disputes stalling the bill. Lawmakers remain split over Section 604 developer protections and ethics rules.

President Trump has pushed senators to move quickly. At the same time, two groups, NOBLE and a federal law enforcement association, have backed the bill despite the open fights.

The Senate faces a narrow window before the August recess. Whether leaders can settle the stablecoin, developer, and ethics disputes in that window remains unclear.

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The post 78 Banking Groups Push Senate to Rewrite CLARITY Act Section 404 appeared first on BeInCrypto.

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June CPI fell a seasonally adjusted 0.4% month-over-month, the steepest monthly drop since April 2020, pulling the annual inflation rate to 3.5% against a Dow Jones consensus of 3.8%, and Bitcoin responded with an immediate push higher after the print. The data beat is real.

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The energy index slumped 5.7% in June, with gasoline and fuel oil both falling more than 9%, accounting for the bulk of the monthly swing. Strip that out, and the picture is considerably less clean: core CPI, which excludes food and energy, printed flat on the month at a 2.6% annual rate versus a 2.9% forecast. Services ex-energy were flat; shelter rose 0.1%; transportation services declined 0.3%.

The distinction is directly relevant to Federal Reserve policy because policymakers target core and services inflation as the longer-run signal. A gasoline-driven headline miss does not move that needle, and the market’s own rate pricing reflects that.

As of now, the Fed is widely expected to hold at its July 28–29 FOMC meeting and then deliver a 25 basis point hike in September, keeping the overnight rate at 3.5%–3.75% for now before moving it higher.

That tone reinforces what the rate market is already pricing. The interest rates path remains higher-for-longer until core and services data show a convincing trend, not a one-month energy artifact.

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CPI Positioning and the Bitcoin ETF Flow Backdrop

Bitcoin entered Tuesday’s print with strong recent momentum, with traders watching whether inflation data could shift the Fed’s path quickly enough to keep risk appetite intact.

Bitcoin and crypto market commentary ahead of the CPI release pointed to ETF-flow and on-chain developments as supportive backdrops for the move. Pre-CPI analysis also suggested that bullish positioning could be vulnerable if macro expectations changed.

The caution flag comes from the derivatives view: positioning can unwind quickly when macro expectations reprice, even if the headline print looks constructive for crypto in the moment.

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Key Levels and the Forward Case for Bulls and Bears

Traders are focused on nearby resistance around $64,000, while technical desks are watching a sequence of higher targets if momentum holds after the CPI-driven pop.

On the downside, $62,000 is a key reference point for risk. Below that, traders expect attention to shift to prior supports, including around $60,000. Altcoins have their own closely watched levels as well, with ETH’s recent resistance area around $1,800 in focus after the June selloff.

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Thomas Perfumo, chief economist at Kraken, framed the macro read accurately:

“Today’s print, read carefully, is more a reason for cautious optimism than alarm,” adding that “a broader inflationary impulse is shrinking.” Forward scenario he described, inflation continuing to decelerate in the second half of 2026, preserving “policy optionality for central banks” is the bull case for risk assets.

But that scenario requires several more months of data confirming the trend. Exchange reserve data and on-chain metrics support the structural setup, but a single energy-driven CPI print does not resolve the Fed’s September calculus.

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Sam Altman’s OpenAI is bringing prediction market data to ChatGPT, giving World Cup fans a new way to track match predictions.

OpenAI has started displaying Kalshi’s prediction market odds for FIFA World Cup matches in ChatGPT search results, according to a report by The New York Times.

The integration had not been publicly announced at the time of publication. Kalshi declined to comment to Cointelegraph, while OpenAI did not immediately respond to a request for comment.

The move reportedly marks OpenAI’s first known partnership with a prediction market platform, highlighting the growing interest among technology companies in incorporating market-based forecasts into consumer products.

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Market odds enter AI search experience

According to the report, ChatGPT displays Kalshi-based market odds when users search for World Cup matchups. The results appear as graphics showing each team’s implied chance of winning based on Kalshi’s prediction markets.

One example cited by the report involved a ChatGPT search for France versus Spain showing France with a 59% chance of victory, while a query about England versus Argentina displayed a 55% chance for England, with the Kalshi as the source for the forecast (see below).

Source: Cointelegraph via ChatGPT

The integration does not allow users to place bets through ChatGPT, according to OpenAI’s guidance cited by the report, with Kalshi data intended for informational purposes only.

Prediction markets move into mainstream platforms

Founded as a regulated prediction market platform, Kalshi allows users to trade contracts tied to real-world events, including economic indicators, politics and sports.

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The platform has grown into one of the largest prediction market venues, with Dune Analytics data showing Kalshi recorded more than $33 billion in monthly notional volume in June 2026, about $22 billion ahead of Polymarket.

Related: Kalshi June trading volume tops $9B as World Cup fuels prediction markets

Source: Dune

Use of prediction market data has gained traction across major media and technology platforms, with Kalshi entering partnerships with CNN and CNBC in December 2025 to integrate its market data into their coverage. Rival Polymarket partnered with Dow Jones in January 2026 to bring its prediction market data to products including The Wall Street Journal.

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Google also integrated prediction market data from Kalshi and Polymarket into Google Finance and Search products in November 2025.

Magazine: AI’s power crunch turns Bitcoin miners’ grid access into an asset

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