Ethereum futures shorts surged to $1.6 billion in late June, driven primarily by institutional arbitrage trading rather than bearish market sentiment. This rise coincided with record inflows into Ethereum spot
Bitcoin consistently demonstrates unique price movements on July 4, reflecting market-driven dynamics without influence from key industry leaders. These price fluctuations are typically confined to Bitcoin itself, with limited spillover
Bitcoin enters the weekend in an uncertain position, struggling to break above its all-time high of $112,000, while altcoins face increasing pressure and retrace to lower levels. After a week of volatility, BTC failed to close Friday above the key resistance, casting doubt on immediate bullish continuation. However, analysts remain cautiously optimistic as price action still holds above major support, and a strong weekly close could shift sentiment decisively. Top analyst Daan highlighted that since the market’s recovery two weeks ago, we’ve seen a consistent Coinbase premium—a bullish signal often linked to spot buying pressure from US-based investors. This premium had previously traded down amid heightened uncertainty surrounding Middle Eastern geopolitical tensions but has since rebounded, reflecting improved market confidence. Now, traders are closely watching the weekend price action to determine whether Bitcoin can reclaim $112K and enter price discovery, or if another rejection will send it into a deeper consolidation phase. With key macro narratives easing and on-chain signals improving, the weekend could provide a critical clue about Bitcoin’s short-term trajectory—and whether altcoins can follow with renewed strength. Bitcoin Range Tightens As Market Awaits Breakout Signal Bitcoin is preparing for a decisive move, one that could trigger renewed bullish momentum across the crypto market, particularly for altcoins. For the past several days, BTC has been consolidating in a well-defined range between $103,000 and $110,000. A clear breakout above this resistance or breakdown below support is expected to spark a swift move, as traders await confirmation of the next directional trend. The broader macroeconomic environment has become more favorable. With uncertainty from global geopolitical tensions subsiding and US fiscal policies gaining clarity, the stage appears set for Bitcoin to enter a bullish phase over the coming months. However, risks still linger. US Treasury Yields are rising again, and inflation has not stabilized, factors that could inject volatility and hesitation into risk markets. Daan pointed out a consistent Coinbase premium since the recovery began two weeks ago—a bullish indicator suggesting persistent spot demand, particularly from US-based buyers. This premium had weakened during the wave of Middle Eastern concerns, but it has since rebounded and held steady. Daan adds that this is supported by strong ETF inflows, a sign of institutional confidence. Still, caution is warranted. If Bitcoin stalls while ETF inflows remain high, that could mark a local top, as seen in previous cycles. For now, as long as price continues to follow the strength of inflows and maintains support above $103K, the bulls remain in control. A break above $110K could open the gates to new all-time highs, while a loss of support could lead to a sharp correction and delay broader recovery across the crypto landscape. BTC Daily Chart Analysis: Eyes On $112K Breakout Bitcoin continues to trade within a key range between $103,600 and $109,300, consolidating just below its all-time high near $112,000. As shown on the daily chart, BTC has held above the 50-day simple moving average (SMA), which currently sits at $106,469, acting as dynamic support during recent pullbacks. This indicates ongoing strength in the trend, despite short-term volatility. The chart also reveals that price has tested the $109,300 resistance level multiple times since March, but without a decisive breakout. Volume during these retests has been relatively muted, suggesting that bulls may be waiting for stronger confirmation before committing to a sustained breakout move. On the downside, $103,600 remains a crucial support level, historically providing a springboard for rebounds throughout the last two months. The 100-day and 200-day SMAs at $98,544 and $96,364, respectively, are still trending upward, reinforcing the long-term bullish structure. If Bitcoin can decisively close above $109,300 on strong volume, price discovery could quickly follow, with $120,000 and beyond as potential targets. However, failure to hold current levels may open the door for a retest of $100K or lower, making this range-bound phase critical for the market’s next direction. Featured image from Dall-E, chart from TradingView
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The price of Uniswap has crashed into a bear market after falling by over 20% from its peak in May of this year. Uniswap ( UNI ) was trading at $6.95 on Saturday, July 5, which is significantly lower than its last November high of $20. This decline has brought its market capitalization to $4.8 billion, down from last year’s high of over $10 billion. UNI’s price crash has coincided with the ongoing sell-off of altcoins. The market cap of all cryptocurrencies, excluding Bitcoin ( BTC ), Ethereum ( ETH ), and stablecoins, has dropped by nearly 30% this year. One possible reason why Uniswap price has crashed is that it has lost market share in the decentralized exchange industry. For example, its DEX volume in the last 30 days was $80 billion, much lower than PancakeSwap’s $160 billion. You might also like: Pepe price holds bullish structure despite market conditions: why a reversal can occur The DEX industry has also faced increased competition from Hyperliquid, which handled over $220 billion in volume during the same period. Other top protocols competing with Uniswap are Raydium and Aerodrome Finance. On-chain data also indicate that investors have continued dumping the UNI token. The supply of UNI on exchanges has jumped to 84.6 million, up from the year-to-date low of 69 million. Rising exchange balances is a sign that holders are selling their coins. UNI price has also dropped as the supply held by whales has dwindled. These investors hold 723 million coins, down from 824 million in January. Whale dumping signals that they expect the coin to continue falling. Uniswap supply in exchanges, whale holdings, funding rate | Source: Santiment UNI’s funding rate has also moved into negative territory, implying that investors anticipate the future price to be lower than it is today. Uniswap price technical analysis UNI price chart | Source: crypto.news The daily chart shows that the UNI price has crashed from a high of nearly $20 in November last year to $6.98. It has pulled back after plunging from the year-to-date low of $4.7 to the current $6.9. The Uniswap price has also formed a bearish flag pattern, which consists of a vertical line and an ascending channel. Therefore, the coin is likely to experience a bearish breakdown, with the next key point to watch being the year-to-date low of $4.70. A move above the important resistance level at $8.6, the highest swing in May, will invalidate the bullish view. Read more: Quant price forms a rare pattern: 70% surge is likely
Solana (SOL) is showing signs of further downside, with analysts warning it could retrace to the $100 mark before any substantial recovery. While many investors still consider Solana, the current sentiment across crypto charts and the fear and greed index suggests that caution is warranted in the short term. Meanwhile, new DeFi token, Mutuum Finance (MUTM) is gaining momentum. The project is in the fifth stage of the presale that is at the price of $0.03. Phase 5 is already over 60% sold out as investors rush to catch the lowest possible price. The launch price of the project is pegged at $0.06 ensuring a minimum gain of 100% to buyers who are buying MUTM in phase 5. While Solana’s price action dominates headlines, savvy investors are keeping a close eye on new cryptocurrency projects with solid fundamentals and utility, and Mutuum might just be the next big crypto to watch. Solana Could See More Downside Before Recovery Kicks In Solana (SOL) trades at approximately $149 now, yet analysts warn that Solana can still fall to the vicinity of $100 before it can formulate any significant upwall. Technical indicators are weak, and unless SOL can support major levels of support around $144 a sharper back may occur. But in case it gains the pace and crosses the resistance area at the level of $155, the rebound above the makings of the mark at the level of170 might take place in the later summer. Solana is still a good investment in the long-term, but short-term behavior has some investors walking on eggshells right now, which is why many of them are exploring brand-new projects, like Mutuum Finance. Mutuum Finance Presale Picks Up Pace The project is in Phase 5 presale that is currently selling tokens at $0.03. The phase also includes a 16.67% return on investment to the investors as price will go higher to $0.035 in the next phase. Along with that the early forecasts indicate that MUTM can fly high to the value of $10 by the end of 2025. More than 12700 investors have already participated in the presale raising more than $11.7 million. With its game-changing dual-lending platform and upcoming USD-pegged stablecoin, Mutuum Finance stands out in the crypto market, not through hype, but through actual utility and security at scale. Stablecoin Launch, CertiK Audit, and $50K Bug Bounty Mutuum Finance (MUTM) will launch a stablecoin that is pegged to the US dollar (USD) on the Ethereum network. Besides, the project is audited by CertiK blockchain security company. This type of audit provides evidence of the readiness of the platform to become reliable and be institutional-graded transparent. As a second layer of established optimum security Mutuum Finance has launched its formal Bug Bounty Program in cooperation with CertiK to offer $50,000 USDT in reward. The rewards consist of 4 levels namely critical, major, minor and low. The program will focus on the dedication of Mutuum to security and sustainability. $100K in Leaderboard & Giveaway Prizes Up for Grabs Mutuum Finance is celebrating its fast-paced growth and thanking early bird fans by creating a $100,000 giveaway . Ten winners will receive $10,000 worth of MUTM tokens. The project has also introduced a live leaderboard of the top 50 MUTM token holders. They will be awarded special bonus rewards adding a gamified touch to the presale and making it more fun to join. As Solana eyes a potential dip to $100, investors are hedging with high-upside projects like Mutuum Finance (MUTM). Now in Phase 5 at $0.03, buyers are guaranteed a 2x return at launch. With $11.7M+ raised, 12,700+ investors, a CertiK audit, and a $50K bug bounty, Mutuum offers real DeFi utility and strong growth potential. Join the presale now before prices increase. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Ethereum remains one of crypto’s strongest assets — but its trajectory requires time. Most 2025 forecasts show 2x to 4x gains depending on network adoption, ETF momentum, and Layer-2 integrations. For investors looking to beat those timelines and access Bitcoin-level wealth mechanics, Bitcoin Solaris is drawing serious attention. Now in phase 10 of its presale, Bitcoin Solaris (BTC-S) is priced at $10 with a confirmed $20 exchange listing already locked in. The difference? It’s not just a promise. Over 11,500 users are already involved. Over $5 million in presale funding has come in. And the systems that drive the token economy are either live or in advanced development. Smartphone Mining and High-Speed Architecture One of the primary reasons investors are shifting focus to BTC-S is accessibility. With the Nova App, users contribute to blockchain validation directly from their smartphones using idle CPU and storage. No staking, no infrastructure — just protocol-level integration that earns BTC-S in return. This is made possible by a hybrid architecture. Bitcoin Solaris uses Proof-of-Work and Proof-of-Capacity at the base layer, while the Solaris Layer adds Delegated Proof-of-Stake and Proof-of-Time. That combination allows for 10,000 transactions per second with 2-second finality — and an energy profile that’s 99.95% more efficient than Bitcoin. Tokenomics That Mirror Bitcoin — Not Ethereum Ethereum’s supply is elastic. It burns fees, adjusts emissions, and reacts to market variables. Bitcoin Solaris offers a simpler proposition: 21 million tokens total, 4.2 million are available during presale. BTC-S is priced at $10 now. The launch price is set at $20. That’s more than 120% upside already confirmed—and that doesn’t factor in market demand or token velocity once listings go live. The presale ends July 31, and entry at this phase remains open to the public. As highlighted in a recent Crypto Vlog analysis , “Bitcoin Solaris is where smart money is moving. Not for hype — but for returns tied to actual usage.” Audits, Verifications, and Active Development Unlike most presale tokens, Bitcoin Solaris is already delivering. Cyberscope has completed its smart contract audit . Freshcoins audited the Nova App logic . The team is fully KYC-verified . And development isn’t waiting on listings. Development is advancing on multiple fronts. The Mining Power Marketplace — where users will be able to rent or monetize computing power using BTC-S — is actively under construction. Wallet enhancements are in progress to support broader functionality. A public testnet and full developer suite are on the roadmap for release in the near term. Ethereum will continue to grow. But Bitcoin Solaris is the only sub-$10 token on track to deliver network-driven returns before its first listing. The time window for entry is narrow — and this presale is one of the last confirmed steps before the token moves into full circulation. Website : https://bitcoinsolaris.com X : https://x.com/BitcoinSolaris Telegram : https://t.me/BitcoinSolaris
The first Solana-based ETF with staking capabilities, the REX-Osprey Solana Staking ETF (SSK), has launched in the United States, according to Bloomberg ETF analyst Eric Balchunas. On its first day of trading on the CBOE BZX exchange, SSK attracted $12 million in inflows with a total trading volume of $33 million. The fund offers investors direct exposure to spot Solana as well as access to staking yields. Bloomberg ETF analyst James Seyffarth described the trading debut as “healthy,” noting that $8 million in volume was recorded within the first 20 minutes. Balchunas further noted that SSK’s launch significantly outperformed the initial trading of Solana and XRP futures ETFs, although it was surpassed by the debut of spot Bitcoin and Ethereum funds. Regulatory Highlights The fund is structured under the Investment Company Act of 1940, which allows it to bypass the standard Form 19b-4 filing process typically required for spot ETFs. Nate Geraci, President of NovaDius Wealth Management, described this approach as a “regulatory workaround.” Anchorage Digital serves as both the staking and custody partner for SSK. Growing Institutional Interest The launch of SSK coincided with a surge in institutional interest in Solana. Open interest in Solana futures on the CME reached a record $167 million, signaling increased attention from institutional investors. Meanwhile, spot Bitcoin ETFs in the US have returned to positive capital inflows. Over the course of two days, investors poured more than $1 billion into these funds, offsetting a previous outflow of $342.2 million. On July 2, net inflows totaled $407.8 million, followed by $601.8 million the next day. Fidelity’s FBTC fund led the way, attracting $184 million and $237.1 million on those respective days. BlackRock’s IBIT fund also saw strong interest, raising $224.5 million on July 3 after two days of zero flows.
Binance founder Changpeng Zhao (CZ) recently expressed regret over entering the crypto market late, after observing early whales moving coins they acquired at just $0.1 in 2011. Bitcoin’s early trading
A US car manufacturing giant has agreed to send $150 million to customers to settle accusations that certain vehicles were sold with defective engines. According to the newly updated settlement portal, General Motors will provide compensation to affected owners and lessees for issues related to excessive oil consumption in vehicles equipped with LC9 engines. The payout will go to customers in California, Idaho and North Carolina. The lawsuit alleges GM was aware of a defect triggered by excessively worn piston rings, which leads to excessive oil consumption, spark plug fouling, rough idling, rough acceleration, check engine light activation, engine shutdown commands, oil loss and potentially permanent engine damage or shutdown. Although GM has decided to settle, the company firmly denies any wrongdoing or liability and rejects the notion that any vehicles connected to the case are defective. The lawsuit alleges certain 2011 through 2014 models are defective, including Chevrolet Avalanche, Chevrolet Silverado, Chevrolet Suburban, Chevrolet Tahoe, GMC Sierra, GMC Yukon and GMC Yukon XL. Eligible owners or lessees may automatically receive a pro rata payment estimated at a minimum of $2,149). North Carolina class members must submit a required Identification Form to confirm eligibility, while others generally need not file a claim unless notified. 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 Car Giant Handing $150,000,000 To Customers in Class Action Settlement Over Defective Engines appeared first on The Daily Hodl .