The chief executive of Bitcoin ( BTC ) financial services firm Fold is issuing a warning about altcoins, saying that the crypto king’s market dominance isn’t something that will backtrack. In a new interview with CNBC Television, Fold CEO Will Reeves says that the top crypto asset by market cap’s recent new all-time high was due to a combination of high institutional demand and low supply. “This is what happens when massive demand meets the finite supply of Bitcoin. And what we’re seeing right now is the supply shock in motion. So I’d certainly say what we are seeing is the fundamentals of Bitcoin in play… What we’ve seen recently with the rise of Bitcoin treasury companies, the ETFs (exchange-traded funds) is that entirely new classes of capital are able to invest in the asset. What we’re seeing is what happens when trillions of dollars start knocking on the door – the price tends to go up.” According to Reeves, the market’s appetite for BTC will cause its dominance levels to irreversibly rise – a trend that would leave countless altcoins competing for capital. “Frankly, I think [altcoins] will remain speculative. Bitcoin dominance is at 60% and rising. I think what we’re seeing is an inevitable trend towards the signal, the apex asset. The issue is that Bitcoin is the only credibly neutral digital asset that is in issuance. All the other tokens are still proving extraordinarily speculative use cases without the track record of Bitcoin. And so what we are seeing today is the continued march of Bitcoin dominating this entire market… Ultimately, what we’ve seen is something that can’t be reversed.” Bitcoin is trading for $117,613 at time of writing, a sideways move on the day. Meanwhile, Bitcoin dominance, which measures how much of the total crypto market cap belongs to BTC, stands at 64.58%. 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. Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia The post Fold CEO Warns Altcoins To Remain Speculative, Says Bitcoin’s Market Dominance ‘Something That Can’t Be Reversed’ appeared first on The Daily Hodl .
TL;DR Following weeks of consolidation and price warnings from the community, Cardano’s native token exploded in the past several days, registering a 30% weekly surge. A popular crypto analyst with almost 140,000 followers on X believes this could be just the beginning and envisioned a further surge to and beyond $1 if ADA breaks through a key resistance level, which is being tested now. Cardano $ADA is breaking through a key resistance level, opening the door for a rally to $0.90–$1.20! pic.twitter.com/4dj8jQfJFN — Ali (@ali_charts) July 13, 2025 This important resistance that could hinder ADA’s progress is situated somewhere around $0.74, a level the asset is very familiar with, as it managed to contain its price ascent earlier this year. ADA managed to breach it briefly during the Friday price surge that drove it to a two-and-a-half-month high of almost $0.78, but the bears quickly regrouped and didn’t allow a decisive closure above it. In fact, the last time Cardano’s token traded sustainably above $0.74 was in mid-May. Since then, the asset underwent a substantial correction that drove it down to $0.5 at one point. Nevertheless, ADA is still the top performer on a weekly scale from the 12 largest cryptocurrencies by market cap, having gained almost 30%. Thus, it has increased more than XRP (26%) and HYPE (22%). This impressive price surge comes just a few weeks after IOG proposed that the treasury would trade $100 million worth of ADA for BTC and stablecoins to enhance the blockchain’s DeFi ecosystem. The move met immediate resistance from some members, who claimed that it could lead to a more painful sell-off and price declines. Charles Hoskinson was quick to mock the naysayers after ADA surged past $0.7 and became a top performer. Remember when we were told that a 100 million dollar trade of ada would collapse the price? https://t.co/kYm5CKw97O pic.twitter.com/tPZiROv37i — Charles Hoskinson (@IOHK_Charles) July 11, 2025 The post ADA Is Breaking Out: Will Cardano Surge Past $1 Next? appeared first on CryptoPotato .
Crypto trader James Wynn disappeared from social media after suffering losses in the nine figures. For now, it looks like the high-risk trader finally crashed out, as his personal X account has been deactivated. Searching for Wynn’s old username, “JamesWynnReal,” on X now returns an error message that says, “This account doesn’t exist.” Right before he deactivated his account, Wynn changed his profile description to “broke.” Wynn’s old X username returns an account error. Source: X Blockchain trackers Hypurrscan and Arkham Intelligence report that the combined funds in his wallets now stand at only $10,157.46. James Wynn( @JamesWynnReal ) has deactivated his X account! What happened? Did he blow up completely? All his wallets and Hyperliquid balance combined are down to just $10,176. https://t.co/FX6sISVWOh https://t.co/snkLcUUgXb pic.twitter.com/bkkxOpo7hZ — Lookonchain (@lookonchain) July 12, 2025 The trader was known for placing high-leverage bets that often ran opposite to the broader market. Due to this, Wynn received a lot of attention and scrutiny from fellow traders. His strategy relied on making high-leverage bets on Hyperliquid while enjoying the benefits of the resulting social media engagement. More often than not, the trader watched the market react opposite to his bet. Wynn lost hundreds of millions betting on BTC futures During May, Wynn’s position in BTC stood to lose roughly $100 million when Bitcoin’s price slipped below $105k. That triggered liquidations of 949 BTC, effectively erasing his long-BTC holdings. In a post he later removed, Wynn said, “I do not follow proper risk management, nor do I claim to be a professional; if anything, I claim to be lucky. I’m effectively gambling, and I stand to lose everything. I strongly advise people against what I’m doing.” Instead of slowing down, Wynn once again opened a $100 million bet days later. Wynn claimed that market makers were intentionally targeting his positions to force a liquidation. Seeking relief, he asked the community for help. Up to 24 unique wallet addresses sent donation funds to his account. Shortly after receiving those donations, Wynn sold 240 BTC to push down his liquidation price on his remaining positions. Still, the trader couldn’t save his position and ultimately lost over 99 percent of the second $100 million position. $198.68 million got liquidated from the broader crypto market in 24 hours Meanwhile, the broader crypto futures market saw massive liquidations over the last 24 hours. Liquidation data from CoinGlass at press time shows a total of $198.68 million wiped out in perpetual futures. Long positions accounted for $132.75 million of that total, while shorts made up $65.93 million. Ethereum traders felt the pinch as well, with $30.84 million in positions closed out. Of that, $21.14 million were longs and $9.26 million were shorts. XRP followed, tallying $16.89 million in liquidations, $13.27 million on the long side, and $3.62 million short. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
The corporate Bitcoin adoption landscape is rapidly evolving, with a notable surge in public companies integrating Bitcoin into their balance sheets, driven largely by emerging and struggling firms. Blockware Intelligence
Bitcoin exchange-traded funds (ETFs) posted another billion-dollar inflow on Friday, their second in a row, pushing total net assets to a new record. Ether ETFs kept pace with a $204.82 million haul, marking yet another strong green session. Bitcoin ETFs Surge to $150 Billion AUM After $1 Billion Inflow The wave keeps growing, and the
The corporate Bitcoin adoption race is “mostly being spearheaded by brand new companies or dying companies you’ve never heard of,” says Blockware.
Market analysts projected a potential boom for the altcoin market.
Despite Bitcoin hitting new all-time highs last week, retail investors have been notably absent from the action, according to market analysts. Meanwhile, institutional interest has surged, particularly in the form of spot Bitcoin ETFs, which saw more than $1 billion in inflows on both Thursday and Friday — a back-to-back milestone never previously achieved. Institutional Surge Behind Latest Price Move Bitwise head of research André Dragosch observed in a Friday post that although Bitcoin is soaring, mainstream interest has yet to catch up. “Bitcoin is at new all-time highs but retail is almost nowhere to be found,” he wrote, referencing data showing weak Google search trends for the term “Bitcoin.” This suggests the current rally is primarily fueled by institutions, not individual investors. Search Trends Fail to Reflect Price Surge Google Trends data supports this narrative. Between June 29–July 5 and July 6–12, global searches for “Bitcoin” increased by just 8%, even as Bitcoin’s price broke past its previous all-time high of $111,970 and continued climbing to $118,780 by Friday. This subdued retail interest contrasts sharply with the surge seen in November 2024, when search interest peaked following Donald Trump’s election win. At that time, retail engagement helped propel Bitcoin past the $100,000 mark for the first time. Retail Sentiment: “Missed the Boat” Some crypto commentators believe that retail investors are sitting out because they feel priced out of the market. “I think a lot of retail folks find out the price of one Bitcoin is 117k and think, nahhh I missed the boat and don’t even give it a second thought,” said Bitcoin analyst Lindsay Stamp. Cedric Youngelman, host of the Bitcoin Matrix podcast, shared a similar sentiment, asking his followers, “At what Bitcoin price do you think retail wakes up? I’ll go first. I don’t think they’re coming for a long time.” Analysts Say Rally Still Has Momentum Despite low retail participation, market experts believe the current rally has more room to run. Bitcoin on-chain analyst Willy Woo commented, “This run has plenty of legs left in it.” The continued interest from institutional players suggests that Bitcoin’s momentum is far from over. Spot ETFs Remain the Main Driver Spot Bitcoin ETFs had an exceptionally strong week, pulling in a total of $2.72 billion over five trading days, according to Farside data. This wave of capital suggests institutional demand remains robust. However, the trend has raised questions about how to measure actual retail interest in the current market landscape. Cointelegraph recently noted that if the ultimate holders of Bitcoin ETF shares are retail investors, then interpreting on-chain data could become more complex. Conclusion While Bitcoin continues to scale new heights, the retail crowd appears hesitant to reenter the market. Whether due to price anxiety or market fatigue, their absence is notable — especially in contrast to the flood of institutional capital pouring into ETFs. As the rally unfolds, attention now turns to whether retail investors will follow — or continue to watch from the sidelines.
Robert Kiyosaki, renowned author of the bestselling financial guide Rich Dad Poor Dad, recently disclosed his intention to acquire additional Bitcoin holdings at the earliest opportunity. Emphasizing the growing significance
Bitcoin returns massive gains, yet investors don’t budge.