XRP price started a fresh increase and traded above the $3.00 zone. The price is now correcting gains and might find bids near the $2.840 support zone. XRP price started a fresh increase above the $2.880 zone. The price is now trading above $2.840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.840 zone. XRP Price Retains Gains XRP price started a fresh increase after it settled above the $2.750 level, like Bitcoin and Ethereum . The price was able to climb above the $2.850 resistance level. The recent move was positive and the bulls pushed the price above the $3.00 level. A high was formed at $3.0324 and the price is now correcting gains. There was a move below $2.90 level, and the price spiked below the 50% Fib retracement level of the upward move from the $2.660 swing low to the $3.0324 high. However, the bulls were active near the $2.80 support zone. There is also a key bullish trend line forming with support at $2.880 on the hourly chart of the XRP/USD pair. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.9450 level. The first major resistance is near the $3.00 level. A clear move above the $3.00 resistance might send the price toward the $3.080 resistance. Any more gains might send the price toward the $3.120 resistance or even $3.150 in the near term. The next major hurdle for the bulls might be near the $3.20 zone. Downside Break? If XRP fails to clear the $2.9450 resistance zone, it could start another decline. Initial support on the downside is near the $2.880 level and the trend line zone. The next major support is near the $2.840 level. If there is a downside break and a close below the $2.840 level, the price might continue to decline toward the $2.750 support. The next major support sits near the $2.650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.880 and $2.840. Major Resistance Levels – $2.950 and $3.00.
On July 16, financial analyst James Wynn shared his outlook on Bitcoin’s price trajectory, suggesting that the cryptocurrency may have reached its short-term peak for July. Wynn projects Bitcoin could
Block Earner introduces Australia’s first Bitcoin-backed home loan, enabling crypto holders to finance property deposits without selling their Bitcoin. The fintech offers loans up to 50% of a property’s value,
BitcoinWorld Bitcoin Events Announces Two Premier Crypto Events in South Africa: Blockchain Africa Conference 2025 and Crypto Fest 2025 Johannesburg and Cape Town, South Africa – July 10, 2025 Bitcoin Events is proud to announce the return of two landmark blockchain and cryptocurrency events in South Africa: Blockchain Africa Conference 2025 and the Crypto Fest 2025 . These events will bring together hundreds of industry leaders, innovators, investors, developers, and enthusiasts from across Africa and the globe to explore the transformative power of crypto and blockchain technology. The cryptocurrency market in 2025 is experiencing strong growth fueled by increasing institutional adoption, expanding interest in tokenized assets, and clearer regulatory frameworks in key regions such as the U.S., Europe, and South Africa. Attending the Blockchain Africa Conference and Crypto Fest offers a unique opportunity to engage directly with these transformative trends, gain insights from industry leaders, and discover how blockchain technology is driving real-world business solutions across Africa and beyond. Blockchain Africa Conference 2025: Ready for Business Date: October 30, 2025 Location: Johannesburg, Gauteng, South Africa Celebrating its 11th edition, the Blockchain Africa Conference returns with the theme “Ready for Business” , showcasing how blockchain and crypto technologies have evolved beyond hype to become integral to the operations of some of the world’s leading companies, including Microsoft, IBM, JP Morgan, and Amazon . This conference will provide a platform for deep dives into critical topics such as: The real-world impact of Central Bank Digital Currencies (CBDCs) on Africa’s digital economy Navigating South Africa’s evolving regulatory landscape for crypto and blockchain The role of stablecoins in enhancing cross-border trade and financial inclusion Tokenization of real-world assets and its potential to unlock liquidity in African markets The convergence of blockchain, digital identity, and artificial intelligence in building Africa’s digital future Attendees will engage in thought-provoking panel discussions, practical workshops, and unparalleled networking opportunities designed to foster collaboration and innovation within Africa’s growing Web3 ecosystem. Crypto Fest 2025: South Africa’s Premier Crypto Festival Date: November 14, 2025 Location: Cape Town, Western Cape, South Africa Now in its 7th edition, Crypto Fest continues to be South Africa’s largest and most vibrant cryptocurrency festival. This year’s event promises an immersive experience featuring: Interactive workshops and hands-on sessions Expert-led panel discussions covering critical topics such as the rapid adoption of stablecoins for payments and cross-border transactions in Africa, evolving compliance and regulatory frameworks, the expanding role of decentralized finance (DeFi) and blockchain gaming, as well as strategies for cryptocurrency trading and investment in emerging markets. Networking opportunities with global and African crypto pioneers Exciting competitions, giveaways, and cultural experiences Crypto Fest 2025 will highlight how crypto adoption is accelerating in South Africa, where approximately 10% of the population owns or uses cryptocurrencies, reflecting one of the highest adoption rates globally. Across Africa, the continent leads the world with an estimated 12% crypto adoption rate, driven by use cases in remittances, financial inclusion, and digital payments. Why Attend? South Africa and Africa at large are at the forefront of a blockchain revolution. With over 40 million Africans owning or using cryptocurrencies, the continent is rapidly becoming a global leader in digital asset adoption. Bitcoin Events’ two flagship gatherings provide the ideal platform to learn from experts, connect with innovators, and explore investment and business opportunities in this dynamic space. Tickets and Registration Early Adopter Tickets are available now for the Blockchain Africa Conference 2025 here and for Crypto Fest 2025 here . Visit the Bitcoin Events website to learn more about our event and to subscribe to our newsletter. Media Contact: Nazley Swartz nazley@bitcoinevents.co.za About Bitcoin Events: For over a decade, Bitcoin Events has been Africa’s leading organizer of blockchain, crypto, and Web3 conferences. Having welcomed more than 18,500 attendees from 165 countries, Bitcoin Events continues to empower the continent by facilitating knowledge-sharing, networking, and growth within the blockchain ecosystem. Follow Bitcoin Events: Twitter: @BitcoinEventsCo Facebook: BitcoinEventsZA LinkedIn: Bitcoin Events This post Bitcoin Events Announces Two Premier Crypto Events in South Africa: Blockchain Africa Conference 2025 and Crypto Fest 2025 first appeared on BitcoinWorld and is written by Keshav Aggarwal
The product allows crypto holders to finance property deposits using Bitcoin as collateral, all without having to sell their stash.
The crypto market is showing mixed signals today, with the total crypto market cap falling 3%. Bitcoin is up 0.2% over the past 24 hours, currently trading just below $117,400, after touching $123,100 earlier this week. Meanwhile Ethereum is up 5.8%, holding strong above $3,100 on institutional inflows. But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for July 16, 2025 – Bitcoin Rally Eases, Ethereum Holds Above $3,100 on Institutional Demand appeared first on Cryptonews .
Fairlead’s Katie Stockton says Bitcoin’s breakout was clean and that there’s still room to run.
As the crypto market continues its upward trajectory – with total market capitalization briefly surpassing $3.8 trillion yesterday – institutional interest in Ethereum (ETH) has grown increasingly evident. A growing number of corporations are now accumulating ETH at an unprecedented pace. Ethereum Demand Showing No Signs Of Exhaustion According to an X post by crypto entrepreneur Kyle Reidhead, current demand for ETH has been “insane.” Specifically, ten Ethereum treasury firms have collectively accumulated more than 550,000 ETH – worth approximately $1.65 billion – over the past 30 days. Reidhead emphasized that this momentum is accelerating, with no signs of slowing. He noted that new ETH treasury companies are launching every week, and the largest of these may not have entered the market yet. Moreover, each of these companies is reportedly aiming to buy more ETH than they did the previous week. If this trend continues, ETH purchases could hit $2 billion in the next month, and potentially $3 billion the month after. While this demand will inevitably taper off at some point, it appears unlikely to do so in the near term. In particular, stablecoin supply growth and favorable digital asset regulations could further encourage companies to add crypto to their balance sheets. It’s worth noting that the week beginning July 14 marks “ Crypto Week ” in the US, during which three major digital asset bills are expected to face congressional votes. These bills focus on key issues like stablecoin regulation and the potential use of central bank digital currencies (CBDCs) in monetary policy. ETH To Face Supply Shock? Reidhead added that in the past 30 days, ETH treasury firms have bagged as much as 0.5% of the total circulating ETH supply. These firms have also moved ETH into Ethereum decentralized finance (DeFi) contracts through staking or lending. The entrepreneur also drew a contrast between treasury buyers and Ethereum ETFs, stating that unlike ETFs, these treasury firms do not sell. Instead, they appear committed to accumulating and holding ETH long-term. He remarked: This is going to create a supply shock for ETH over the coming months, there’s really no way around it. Fade ETH and the treasury companies at your own caution. Supporting this thesis, data from SoSoValue shows that spot ETH ETFs have enjoyed nine consecutive weeks of positive inflows, with $907 million added in the week ending July 11. As of July 15, spot ETH ETFs have already received $259 million in fresh inflows. Another data point that strengthens the argument for a looming ETH supply shock is the rapidly depleting exchange reserves. That said, some caution is warranted . At press time, ETH trades at $3,018, down 0.9% in the past 24 hours.
Ethereum price started a fresh increase above the $3,020 zone. ETH is now consolidating gains and might correct lower toward the $3,040 zone. Ethereum started a fresh increase above the $3,040 level. The price is trading near $3,050 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,990 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,000 zone in the near term. Ethereum Price Extends Gains Above $3,000 Ethereum price started a fresh increase above the $2,880 zone, outperforming Bitcoin . ETH price gained pace for a move above the $2,950 resistance zone and entered a positive zone. The bulls even pumped the price above $3,050. There was a break above a bearish trend line with resistance at $2,990 on the hourly chart of ETH/USD. Finally, it tested the $3,150 zone. A high was formed at $3,152 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,935 swing low to the $3,152 high. Ethereum price is now trading above $3,000 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,120 level. The next key resistance is near the $3,150 level. The first major resistance is near the $3,220 level. A clear move above the $3,220 resistance might send the price toward the $3,300 resistance. An upside break above the $3,300 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,420 resistance zone or even $3,450 in the near term. Are Downsides Limited In ETH? If Ethereum fails to clear the $3,150 resistance, it could start a downside correction. Initial support on the downside is near the $3,100 level. The first major support sits near the $3,040 zone. A clear move below the $3,040 support might push the price toward the $3,000 support. Any more losses might send the price toward the $2,950 support level in the near term. The next key support sits at $2,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,000 Major Resistance Level – $3,150
On July 16, Farside Investors reported a significant net inflow of $403.1 million into the US Bitcoin spot ETF. This substantial capital movement underscores growing institutional interest and confidence in