Bitcoin (BTC) is currently at around $114,000 after a big dip down to a local low of $112,000. Was that the time to buy the dip, or is there more trouble ahead? Calling a market top It can be argued that as long as the US stock market is going up Bitcoin will continue to rise as well. The only issues along the way are that various economic shocks happen, the stock market takes a hit, and Bitcoin steps on a banana skin that gets everyone predicting that the end of the bull run is nigh. Economic analysts as well as Bitcoin analysts come up with theses and charts that prove that on one hand we are entering what could be a depression, and on the other hand that Bitcoin is already declining into its next bear market. The reality is of course that no one knows. Calling a market top is akin to guessing the name of the bear at the school fete. Yes, there are good analysts out there, but all they can really do is look at the probabilities and then try to make an educated guess. Investors who are looking to start selling their positions might have their heads in a complete spin if they listen to this and that ‘expert’ on social media. Wildly differing opinions are claimed, and often with bags of conviction. Who should they listen to? The only thing that isn’t in doubt is that both the US stock market and Bitcoin are in uptrends. The old adage of “The trend is your friend until the end” still applies. If you are looking to trade Bitcoin by trying to guess and sell the market top, you are either in the 1% of highest performing traders, or you will be just extremely lucky. Finally, one has to consider this. When you sell your Bitcoin, you are in fact buying dollars (or another fiat currency) with it. You are swapping the soundest and scarcest form of money available for something made out of paper, with no backing, and that is likely to be printed like there is no tomorrow. Dwell on that. W bottom pattern forming? Source: TradingView The short-term chart for $BTC reveals that the bounce from $112,000 has run out of steam and that now the price is trying to hang on to the bottom trendline of the bull flag. Given that the short-term Stochastic RSI still needs to come down and reset, there may be another dip below. However, this could form a W pattern which has the potential to send the price back towards the highs. If the price does sink further and makes a lower low, there is the possibility that the big support at $109,000 could be tested. Daily time frame signalling decent upward movement? Source: TradingView The daily chart puts things into a clearer perspective. It can be seen that the $112,000 horizontal support is also bolstered by the 50-day SMA. If the W pattern does play out, it could be that the price comes down to retest the 50-day SMA before bouncing from there. At the bottom of the chart, the Stochastic RSI indicators are shaping to cross above the 20.00 level. Once they both cross above, this is the signal for upside price momentum. Looking left at previous daily cross-ups from the bottom, it can be seen that they have all signalled decent price rises. Near a top, or is it already in? Source: TradingView The weekly chart for $BTC gives some cause for concern, due to the fact that the indicator lines are currently coming down hard from the top. The weekly chart would normally presage what is going to happen on the 2-week chart, so it is interesting to see what this can tell us. The 2-week chart shows that the indicator lines are crossing into very bullish territory. That said, there could be the beginnings of a roll-over of these indicators unless some positive price action comes into Bitcoin soon. Looking back over the last two bull markets it should be noted that these indicator cross-ups from the bottom are quite rare. Since the top of the 2017/2018 bull market there have only been 7 of them. We are currently on the eighth. If there was a cross-down from here, would there be time left in the bull market for another cross-up? Given that they generally take the best part of a year to come all the way down and then all the way back up again - it’s unlikely. At the bottom of the chart the RSI illustrates that the indicator line was rejected at the downtrend line. Unless it breaks through here it will be unquestionably bearish, not to mention the bearish divergence that could be about to play out, with the price action heading upwards while the RSI and possibly the Stochastic RSI, are dropping. However, there is no green-shaded top area for the apex of the bull market? Be that as it may, if one goes back to the last bull market, the green-shaded area occurred at the first peak of the double top. The second, higher peak, took place as the RSI indicator was already well on the way back down to the bottom. Much food for thought. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Robert Kiyosaki is gearing up for what he calls the Bitcoin “August Curse.” He’s watching price moves around the $90,000 mark. If Bitcoin slides below that level, he plans to double his holdings. He already owns about 73 Bitcoins and wants to reach 100 by the end of the year. Related Reading: Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers Kiyosaki Eyes August Dip According to Kiyosaki, August has a history of sharp dips in Bitcoin’s value. He wrote on X that he hopes for a crash below $90,000 so he can add more coins. He’s not shy about laying out his plan. He’ll buy aggressively if that trigger hits. That kind of resolve comes from a believer who sees each sell-off as a chance to build a bigger stake. BITCOIN CURSE: Will the “Bitcoin A August Curse” crash Bitcoin’s price to below $90k? I hope so. I enjoyed an exciting educational summer attending “The Collective” and “Limitless Financial Education Event.” Learning about what lies ahead with speakers such as Larry… — Robert Kiyosaki (@theRealKiyosaki) August 4, 2025 At a recent finance event, he shared the stage with Jim Rickards and Brent Johnson. He called them top voices on what might be ahead for global markets. He also praised sessions with Larry Lepard and other speakers at gatherings named “The Collective” and “Limitless Financial Education Event.” He said these talks sharpened his view on why dips are opportunities, not disasters. Debt And Doubts At Fed Kiyosaki points fingers at Washington rather than crypto’s ups and downs. He blames a trillion-plus debt and “incompetent PhDs” running what he calls “the SWAMP” in the Fed and Treasury. He sees those running US money policy as the real risk. In his view, fixing that mess beats worrying over Bitcoin’s swings. Based on reports, he still sees Bitcoin alongside gold and silver as shields against a possible financial crisis. He has warned his 2 million-plus X followers that holding cash is risky. His long-term price goal for Bitcoin is $250,000 before the end of 2025. Thinking big helps him stay calm when the market gets rocky. Calls For Calm Amid Volatility While Bitcoin topped about $120,000 last month, it’s since see-sawed between $112k and $113 last week. Kiyosaki says those shifts will make investors richer if they buy when others panic. He urges people to ignore negative headlines and focus on buying in a downturn. That’s his lesson for anyone listening. Related Reading: Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details His strategy is simple. He treats fear as a buy signal and keeps an eye on calendar patterns. If you share his faith in Bitcoin’s long-term upside, this could feel like a smart move. But betting on a month-to-month pattern adds risk. If Bitcoin stays strong above $90,000 this August, his plan won’t play out. In that case, he’ll miss the chance to buy cheap. Bitcoin’s path is never straight. For Kiyosaki, market dips are part of the ride. Whether others follow his lead will depend on how much risk they can handle and if they believe in that “August Curse.” Featured image from BBC, chart from TradingView
Hyperliquid retained its leading position as a perpetual DEX, closing its best month in terms of trading volumes. The turbulent July trading led to 47% volume growth, boosted by altcoins. July turned out to be a dynamic crypto month, leading Hyperliquid to a new record of monthly trading volumes. The month was the most dynamic to date, achieving up to $320B in cumulative volumes for the month. Hyperliquid saw its volumes increase by 47%, retaining the trend of regular monthly growth. Hyperliquid had its best month in history in terms of trading volumes, driven by increased interest in ETH trading. | Source: DeFiLlama . Hyperliquid also broke above $15B in total open interest for the first time in history. One of the main drivers for the growth was Ethereum, nearly doubling its open interest for the past month. Hyperliquid retains its top spot due to first mover advantage and the presence of whales and traders. For now, the exchange competes with centralized markets offering derivatives. Hyperliquid’s activity now makes up 11.9% of Binance’s derivative markets. However, Hyperliquid offers riskier trades with higher leverage, often attracting dramatic positions and public liquidations. Currently, Hyperliquid carries $597M in total value locked based on collaterals. In July, the exchange produced over $4M in daily fees regularly, with a minimum of $2M. The fee generation also reflected the unprecedented activity, with almost no idle days in July. Hyperliquid token HYPE struggles to retain positions One of the sources of activity for Hyperliquid is the native HYPE token. The asset traded at $38.54, extending its losing streak after almost touching $50. Most of the HYPE activity is still dependent on the native exchange, carrying over 40% of volumes. However, HYPE trading has shifted to other exchanges, changing the mechanism of price discovery. The ability to arbitrage HYPE on several markets has stopped its seemingly endless climb from the early months of the exchange. HYPE open interest is also down to a one-month low at $1.46B. Of that open interest, $1.1B is still on Hyperliquid. More than 70% of traders are long on HYPE, potentially inviting attacks against their positions. High-ranked traders still use Hyperliquid for exposure At the end of July, one of the most widely known traders, James Wynn, seemingly gave up on Hyperliquid. He has no positions open as of August 5, and recently claimed he would focus on meme tokens. Landed back in Monaco. Just ordered a double espresso martini while I wait for the crew to arrive early morning. Going full trench mode over next 2 months. X and perps has burnt me out. Won’t be tweeting much. Just shilled a complete shitter in my tg. That’s where… — James Wynn 🤴 (@JamesWynnReal) August 4, 2025 Wynn has also opened other addresses, but took up much smaller positions in the past few weeks. Trader Aguila Trades has switched to a 40X BTC short position, which is now once again threatened by liquidation. Aguila Trades lost over $35M in July, following risky positions as BTC shifted direction within hours. The White Whale recently appeared as a public trader with a more cautious and rational approach, closely watched for decisions and analysis. For now, the White Whale has managed to avoid dramatic liquidations. Hyperliquid’s position as a global hub for perpetual futures trading may be challenged by regulated exchanges offering a similar product. However, for now, Hyperliquid remains the only directly accessible platform, no-KYC market, settling directly on-chain. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
The US Commodity Futures Trading Commission (CFTC) took action following the report published by the White House. The CFTC has begun implementing the recommendations outlined in the report and has taken action on how to more effectively regulate spot cryptocurrency trading. At this point, the CFTC has announced a new initiative to provide clarity on how spot crypto trading contracts will be listed on registered futures exchanges. The CFTC is requesting feedback or suggestions from stakeholders and the public regarding spot crypto trading, with the deadline for submitting comments being August 18. CFTC Interim Chair Caroline Pham said in a statement: “The CFTC, in coordination with the SEC’s Crypto Project, is moving full speed ahead to enable instantaneous trading of digital assets at the federal level. Starting today, we invite all stakeholders to work with us to provide regulatory clarity on how to list spot crypto asset contracts on a DCM using our existing authority.” The agency recently launched the “Crypto Sprint” to implement recommendations from Trump's working group's digital asset report. *This is not investment advice. Continue Reading: CFTC Announces New Move on Bitcoin (BTC) and Altcoins!
An Arizona couple is reportedly out $20,000 after a Chase Bank employee accidentally unfroze funds taken by a scammer. In March, the couple received a text asking if they authorized a $399 Zelle payment to “Susan Smith,” according to a new report from 12 News. They replied “No” and were given a number to call. After calling the number, someone on the other line who was claiming to be a bank employee said the couple’s account had been flagged for fraud. The scammer on the phone also told the couple that it looked like it was an “inside job.” Following instructions, the couple went to a Chase Bank and withdrew $20,000 and then opened a new account through Apple Wallet, depositing the money there. The scammer then stole the money, but employees at Chase Bank managed to freeze the funds later that day. A few days later, however, someone at the bank unfroze the account, allowing the con artist to make off with the money. Chase has contacted the couple and told them that their case is still open. Peoria police tell 12 News that they’ve identified a suspect in Florida. A similar incident in Arizona occurred last month when a scammer reportedly drained $27,000 in life savings from a man in Arizona by pretending to be his bank representative. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Chase Employee Accidentally Unfreezes Scammer’s Stolen Money, Triggering $20,000 Loss for Arizona Couple appeared first on The Daily Hodl .
One-year ago today, markets were rattled by the unwind of the yen carry trade. As Japan shifted toward a tighter monetary policy and bond yields rose, the strategy of borrowing in a low-interest currency like the yen to buy higher-yielding assets became less attractive. At the time, capital rapidly fled risk assets. Bitcoin (BTC) fell sharply, dropping nearly 30% to $49,000, a level previously seen at the time of the U.S. spot ETF debuts in January 2024. Since then, however, the largest cryptocurrency by market cap has rebounded strongly, rallying over 130% in the past year. Traditional markets also performed well, with the S&P 500 rising 24% and gold appreciating 40%, reflecting growing demand for both risk and defensive assets. In contrast, the dollar index (DXY), a gauge of the U.S. currency against a basket of peers, has weakened to just under 100 from 103 as returns on long-dated bonds marched higher. The U.S. 10-year yield increased to 4.2% from 3.7%, while the 30-year rose to 4.8% from 4.0%. The shifts were amplified by international interest-rate moves, with the U.K.’s 30-year yield climbing to 5.3% from 4.3% and Japan’s soaring to above 3% from 1.9%. Despite the price volatility, long-term bitcoin holders have steadily increased their share of supply. According to Glassnode's HODL Waves chart, which visualizes the distribution of bitcoin supply by age, each colored band represents the percentage of BTC in existence that last moved within a specific time range. The bands collectively show how long coins have been held, offering insight into investor behavior and conviction over time. The 7-to-10-year cohort now holds over 8%, up from 4% a year ago, while 6 to 12-month holders have increased from 8% to 15%. This suggests longer-term holders remain confident and are still accumulating, while newer investors entered the market during the rally. While a greater percentage of supply is now held by sub-3-month holders than in 2024, indicating many buyers have likely entered at higher prices, possibly chasing tops rather than buying the lows.
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Whales are moving Bitcoin to exchanges, raising the Exchange Whale Ratio to 0.7. This movement is interpreted as short-term profit-taking and preparation for volatility. Continue Reading: Whales Trigger Bitcoin Rush as Market Dynamics Shift The post Whales Trigger Bitcoin Rush as Market Dynamics Shift appeared first on COINTURK NEWS .
Bitcoin’s price is retesting a major macro trendline that dates all the way back to 2017. Analysts see the $110K-$112K zone as a critical support and accumulation level for BTC. The key resistance to break for a new rally is $116,800, according to the charts. Leading market analysts are growing more optimistic about Bitcoin, suggesting the stage is being set for a major bull run in the second half of the year. While the price has seen a nearly 4% pullback over the past week, now trading around $114,168 , a closer look at the charts reveals a potentially explosive setup. Despite the pullback, technical indicators and market sentiment hint at a potentially explosive upward move if critical resistance levels are overcome and support zones hold firm. With volume climbing and momentum shifting, the market seems poised for a new phase. Related: US Dollar Index (DXY) Plunge Pushes Bitcoin to $115,000 as Fed Rate-Cut Speculation Heats Up Resistance Levels Hold the Key Michaël van de Poppe believes the market structure is aligning beautifully for a bullish surge, but he emphasizes caution. Bitcoin recently bounced from the $110K–$112K zone, showing that dem… The post Bitcoin (BTC) Price Must Break $116,800 to Go “Explosive,” Says Top Analyst appeared first on Coin Edition .
XRP advocate Diep Sanh has argued that the relentless criticism from prominent Bitcoin supporters may be doing more to elevate XRP’s visibility than harm it. According to Sanh, their efforts to discredit XRP are leading more people to investigate and engage with it, ultimately helping XRP gain traction rather than diminishing its relevance. Several Bitcoin proponents have voiced repeated opposition to XRP in public forums. Rajat Soni, Robert Breedlove, Pierre Rochard, and Davinci Jeremie have all been vocal in their disapproval, using various platforms to cast doubt on the token’s legitimacy. Yet, despite their criticism, XRP remains a topic of interest and continues to attract attention across the crypto space. After so many years, this is what I’ve noticed: Bitcoin maximalists are a marketing engine for XRP. Every time they talk negatively about XRP, more people find out how great XRP is. Thank you, BTC maxis. XRP wouldn’t have had this day without you. — BD (@DiepSanh) August 4, 2025 The Impact of Recurring Criticism Criticism of XRP from within the Bitcoin community is not new. Earlier this year, Rajat Soni ridiculed the token, calling it a scam and claiming it is decentralized. Soni believes banks will never use XRP, but will adopt Bitcoin instead. He has also previously called the asset a stablecoin, suggesting its price will never go up. Robert Breedlove took a more provocative stance by describing XRP as a psychological manipulation tool, implying that its followers are in a cult. Davinci Jeremie took a different approach, claiming that XRP accounts can be frozen. However, X’s community notes quickly corrected his false claims . Despite the continuous criticism from maximalists, XRP’s support base remains intact. As Sanh suggested, the ongoing attacks have encouraged deeper inquiry by new investors into the token’s utility and purpose, rather than suppressing interest. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Ripple’s Position in the Broader Debate The leadership at Ripple has not been silent in the face of these developments. During a surge in anti-XRP commentary earlier in the year, Ripple CTO David Schwartz suggested that the hostility was connected to the company’s push for a U.S. crypto reserve model that includes multiple assets, not just Bitcoin. He believes the greatest fear of Bitcoin maxis is a level playing field, as it exposes Bitcoin’s flaws when compared to XRP. CEO Brad Garlinghouse echoed this idea , stating that Ripple supports a diversified digital economy and dismissed claims that he advised against Bitcoin ownership at the government level. Criticism Spurs Community Engagement XRP has also faced mockery over $1,000 price predictions, with critics citing an unrealistic market cap. Ran Neuner, another XRP critic, claims it is the biggest meme coin . However, supporters counter that such dismissals lack perspective and echo early doubts once directed at Bitcoin’s long-term potential. Many observers believe that these criticisms related to price projections and comparisons to meme coins have only amplified public interest. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Crypto Pundit: Bitcoin Maximalists Are a Marketing Engine for XRP appeared first on Times Tabloid .