XRP is demonstrating strong bullish momentum, breaking through key resistance levels and signaling a potential sustained upward trend. Bitcoin faces significant resistance near its all-time high, indicating a possible short-term
Mars Finance reports that a prominent on-chain analyst, Ai Yi (@ai_9684xtpa), has identified a significant market participant who has executed four separate BTC short positions since March 2025. This whale
Jonathan Gould, former BitFury executive, has been confirmed as the new Chair of the Office of the Comptroller of the Currency (OCC), signaling a potential shift toward more crypto-friendly national
In the fast-paced world of digital assets, where headlines often dictate market sentiment, a recent revelation has sent ripples across the cryptocurrency community. Imagine the world’s largest asset manager, a titan like BlackRock , making a significant pivot in its digital asset strategy. For years, Bitcoin has been the poster child for institutional interest, but new data suggests a compelling narrative shift. What if the institutional giants are now looking beyond Bitcoin, and seeing immense potential in another leading cryptocurrency? The Institutional Shift: BlackRock’s Bold Ethereum Play The news broke via Arkham Intelligence, a prominent blockchain analytics platform, on X (formerly Twitter): BlackRock , with its staggering assets under management, is reportedly buying more Ethereum than Bitcoin . This isn’t just a minor adjustment; it’s a significant re-prioritization that speaks volumes about evolving institutional perspectives on digital assets. Specifically, Arkham Intelligence reported that BlackRock acquired ETH worth $158 million, compared to approximately $125 million worth of BTC. This difference, while not astronomical, marks a notable divergence from the typical Bitcoin-first approach that has characterized much of the recent institutional adoption narrative. To put these figures into perspective, consider the recent inflows into Bitcoin Spot ETFs, many of which are managed by firms like BlackRock. While Bitcoin continues to attract substantial capital, this specific transaction highlights a growing appetite for Ethereum’s unique value proposition. This move by a financial powerhouse like BlackRock signals a deeper exploration into the diverse landscape of cryptocurrencies beyond just the market leader. Here’s a quick breakdown of the reported acquisitions: Asset Reported Value Acquired Source Ethereum (ETH) $158 Million Arkham Intelligence Bitcoin (BTC) $125 Million Arkham Intelligence Why Ethereum? Unpacking BlackRock’s Strategic Bitcoin Diversification So, why the sudden, or perhaps gradual, shift towards Ethereum ? While Bitcoin is widely recognized as digital gold, a store of value, Ethereum offers a different set of functionalities and growth vectors. Ethereum is the backbone of the decentralized internet, powering a vast ecosystem of decentralized finance (DeFi), non-fungible tokens (NFTs), and various decentralized applications (dApps). Its ongoing network upgrades, particularly the transition to a Proof-of-Stake (PoS) consensus mechanism with the Merge and subsequent improvements like the Dencun upgrade, have significantly enhanced its scalability, security, and energy efficiency. Key reasons that might be driving BlackRock’s increased interest in Ethereum include: Staking Yields: With Ethereum’s move to PoS, institutions can earn yield by staking their ETH, offering a potential revenue stream that isn’t available with Bitcoin’s Proof-of-Work model. This could be a compelling factor for large asset managers looking for passive income opportunities. Ecosystem Growth: The sheer breadth and depth of the Ethereum ecosystem, from DeFi protocols with billions in total value locked to the booming NFT market, present diverse investment opportunities and potential for future innovation. Future-Proofing: As the digital economy evolves, smart contract platforms like Ethereum are seen as foundational infrastructure. Investing in ETH could be viewed as an investment in the future of decentralized technology and the programmable web. Diversification Strategy: For a firm as large as BlackRock, diversification is key. While Bitcoin remains a core holding, adding substantial Ethereum allows them to gain exposure to different facets of the crypto market, potentially reducing overall portfolio risk while capturing additional growth. This strategic move suggests that BlackRock is not just looking at crypto as a singular asset class but is discerning between the different value propositions offered by leading digital currencies. It’s a testament to Ethereum’s maturation and its growing appeal as a fundamental building block of the Web3 economy. The Impact of BlackRock’s Crypto Investment Strategy on the Market When an entity like BlackRock makes such a pronounced move, the entire market takes notice. This increased crypto investment in Ethereum by a leading institutional player has several significant implications: Boosted Ethereum Sentiment: The news can act as a strong bullish signal for Ethereum, potentially attracting more retail and institutional investors who might view BlackRock’s actions as a stamp of approval. Legitimization of Altcoins: While Ethereum is a blue-chip crypto, this move helps to further legitimize the broader altcoin market, suggesting that institutional capital is willing to venture beyond just Bitcoin. It could pave the way for increased interest in other smart contract platforms or specific sector-focused tokens. Paving the Way for ETH ETFs: BlackRock has already filed for a spot Bitcoin ETF. Their increasing accumulation of Ethereum could be a precursor to a potential spot Ethereum ETF, which would unlock even greater institutional access to the asset. Shifting Narratives: For years, the dominant narrative has been ‘Bitcoin as digital gold.’ This shift introduces a stronger narrative for ‘Ethereum as digital oil’ or ‘programmable money,’ highlighting its utility and economic activity. The ripple effect of such a significant institutional player diversifying its digital asset holdings cannot be overstated. It reinforces the idea that cryptocurrencies are becoming an increasingly integral part of global investment portfolios, moving beyond speculative assets to recognized components of a diversified strategy. Understanding Institutional Adoption in the Digital Asset Space The journey of institutional adoption in the cryptocurrency space has been a fascinating one, marked by cautious optimism, regulatory hurdles, and ultimately, growing acceptance. From initial skepticism, major financial institutions have gradually recognized the immense potential of blockchain technology and digital assets. This has manifested in various forms, including: Custody Solutions: Development of secure custody services for digital assets, addressing a primary concern for large investors. Investment Products: Launch of Bitcoin and Ethereum futures, trusts, and most recently, spot Bitcoin ETFs, providing regulated avenues for exposure. Direct Investments: Firms like BlackRock making direct purchases of cryptocurrencies, either for their own balance sheets or for client funds. Blockchain Integration: Exploration and implementation of blockchain technology in traditional finance for settlement, tokenization of assets, and other applications. While challenges remain, particularly around regulatory clarity and market volatility, the trend towards greater institutional involvement is undeniable. This influx of sophisticated capital brings with it increased liquidity, stability, and ultimately, greater mainstream acceptance for the crypto market. BlackRock’s latest move is not an isolated incident but rather a significant milestone in this ongoing evolution. Navigating the Future: What BlackRock’s Move Means for Your Portfolio For individual investors, BlackRock’s increased crypto investment in Ethereum offers valuable insights but also warrants careful consideration. It’s easy to get caught up in the excitement when a major player makes a bold move, but it’s crucial to remember that institutional strategies are often long-term and executed with vast resources and sophisticated risk management. Here are some actionable insights and considerations: Do Your Own Research (DYOR): While institutional validation is powerful, it should not be the sole basis for your investment decisions. Understand the fundamentals of Ethereum, its technology, ecosystem, and potential risks. Diversification is Key: Just as BlackRock is diversifying, consider how Ethereum fits into your own diversified crypto portfolio. Don’t put all your eggs in one basket, even if that basket is ETH. Long-Term vs. Short-Term: Institutional moves often signal long-term conviction. For retail investors, this means looking beyond short-term price fluctuations and understanding the potential for long-term growth driven by fundamental utility and adoption. Market Dynamics: Be aware that large institutional purchases can impact market supply and demand, potentially leading to price movements. However, these movements can be volatile. Regulatory Landscape: Keep an eye on regulatory developments, especially regarding potential Ethereum ETFs, as these could significantly alter market access and liquidity. BlackRock’s strategic shift isn’t just news; it’s a powerful signal that the digital asset landscape is maturing, and leading institutions are increasingly recognizing the multifaceted value proposition of cryptocurrencies beyond just Bitcoin. A Pivotal Moment for Ethereum and the Crypto Market The revelation that BlackRock is accumulating more Ethereum than Bitcoin marks a truly pivotal moment in the ongoing story of institutional adoption of digital assets. It underscores a growing understanding and appreciation for Ethereum’s robust ecosystem, its utility as a foundational layer for decentralized applications, and its potential for future growth. This strategic crypto investment by one of the world’s most influential financial entities not only validates Ethereum’s position but also signals a broader trend of diversification and sophistication in institutional digital asset portfolios. As the lines between traditional finance and the crypto world continue to blur, such moves by industry giants will undoubtedly shape the future trajectory of the entire digital asset market, ushering in a new era of mainstream acceptance and innovation. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action and institutional adoption.
Market sees more inflows as Bitcoin hits all-time high and potentially getting ready for another one
SkyBridge Capital founder and CEO Anthony Scaramucci says Bitcoin ( BTC ) appears ready for more upside as it hovers around its all-time high. In a new interview on the White Crypto YouTube channel, the hedge fund veteran says Bitcoin could go up by up to 65% from the current level before the end of the year. “Well, every time I make a price prediction, I get it wrong. But I did say last year that I thought we could close in on $100,000. We didn’t quite get there until after the [President Trump] inauguration. But I do think this is $150,000 to $180,000 by year-end.” According to Scaramucci, demand for Bitcoin from institutional investors is primed to keep going up. “Bitcoin supremacy, if you will, is creeping up and I think that’s going to continue because it’s the go-to asset for institutional investors. That’s not to say that the other coins won’t do well. But I think institutional dollars that are coming into the space, something like 80% of those dollars will end up in Bitcoin.” Scaramucci, however, says Bitcoin is currently facing various headwinds amid the heavy demand. “There are a lot of things holding Bitcoin back. We’re fighting in the Gulf, we’re fighting in Ukraine and we’re fighting in the former Soviet Union, Russia. There’s global tension. There’s a fear of recession. We’re still getting over the aftermath, economically, of COVID. And so there are a lot of things holding Bitcoin back. But despite that, there’s very heavy net buying of Bitcoin, particularly through the [exchange-traded funds] ETFs.” Bitcoin is trading at $109,273 at time of writing. 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 Anthony Scaramucci Says $180,000 Bitcoin Price Explosion Possible As BTC ‘Supremacy’ Creeps Up – Here’s His Timeline appeared first on The Daily Hodl .
Bitcoin is once again at the edge of uncharted territory. After briefly breaking its all-time high by just $40 yesterday, BTC now hovers just below the critical $112,000 mark—its final resistance before true price discovery begins. Bulls remain firmly in control of the trend, but market participants are watching closely for a decisive breakout to confirm the next leg higher. What makes this moment particularly striking isn’t just the price action—it’s the behavior of investors behind the scenes. According to top analyst Darkfost, Bitcoin inflows to Binance are collapsing, reaching their lowest levels of the entire market cycle. This signals a major shift in sentiment: long-term holders appear unwilling to part with their BTC, even as prices approach record highs. Traditionally, inflows to exchanges are a proxy for potential sell pressure. The sharp drop in these inflows suggests that investors are not preparing to sell but are instead holding tightly, anticipating further upside. This combination of a strong price structure and reduced sell-side risk makes this moment historic. A breakout above $112K would not only confirm bullish dominance , but it could open the gates to the next phase of Bitcoin’s bull run. Exchange Inflows Collapse As Bitcoin Eyes Price Discovery Bitcoin is setting the stage for what could be an expansive breakout, but uncertainty remains as bulls struggle to push above the $112,000 level with conviction. Despite reaching a new all-time high by just $40, BTC has not yet confirmed the breakout that would initiate a true move into price discovery. Still, broader macroeconomic conditions—such as record highs in US equities, easing global tensions, and robust job market data—paint a supportive backdrop for risk assets. What’s particularly noteworthy in this moment is investor behavior. According to fresh data , BTC inflows to Binance have collapsed to levels not seen since the depths of the bear market. The monthly average of BTC sent to Binance sits at roughly 5,300 BTC, but the latest daily figure hovers near 4,600 BTC. These historically low inflows, paired with bullish price action, suggest investors are holding strong rather than preparing to sell. Unlike outflows, which are often skewed by internal exchange movements, inflows offer a cleaner signal of potential sell pressure. Bitcoin transferred to an exchange typically reflects an intent to sell, or at least the option to. The fact that so few BTC are moving into Binance, the largest global exchange, indicates that investors are not eager to take profits. Instead, this behavior reflects growing conviction in Bitcoin’s long-term potential. As BTC tests its final resistance, the market seems to lack the typical overhead pressure that would otherwise trigger a correction. If buyers manage to push BTC cleanly above $112K, this rare mix of low inflows and strong sentiment could launch the asset into a powerful new leg upward. BTC Price Analysis: Bulls Test Final Resistance Below Bitcoin is trading at $111,153 after briefly breaking to a new all-time high. The daily chart shows BTC consolidating just below the key resistance level at $112,000, which previously marked the top in late May. Price action has been constructive over the past several weeks, forming a series of higher lows and maintaining strong support above $109,300. This area has now flipped into short-term support and will likely act as the first defense if a rejection occurs. The 50-day moving average (blue) is trending upward and sits just above $106,800, closely followed by the 100-day moving average (green) at $99,865—indicating solid mid-term momentum. The 200-day moving average (red) remains well below at $96,672, confirming the broader bullish trend is still intact. Volume has not significantly expanded despite the new all-time high, suggesting this move lacks full conviction, at least for now. If BTC can hold above $109,300 and decisively push beyond $112,000, we could see a strong continuation toward price discovery levels. However, failure to break above may lead to another round of consolidation. Featured image from Dall-E, chart from TradingView
Trader AguilaTrades executed a significant market move by initiating a 20x leveraged long position on Bitcoin (BTC) yesterday. This strategic trade capitalized on short-term price momentum, resulting in a substantial
Summary Ethereum is breaking out above $2,600 with a high-conviction technical setup, signaling the start of a potential multi-year bull phase with projected upside targets of $5K, $10K–$12K, and even $54K. A favorable political shift is fueling the rally: President Trump has designated crypto a strategic asset, dismantled anti-crypto regulatory forces, and appointed a White House advisor for crypto policy. Institutional adoption is accelerating as BlackRock and Fidelity pour hundreds of millions into ETH spot ETFs weekly. Ethereum is also becoming the backbone of tokenized financial instruments. Fundamentals and technicals are aligned: Ethereum is not just seeing capital inflows—it’s taking out its 200-day and 200-week EMAs, monthly RSI is launching off historic rally zones, and the ETH/BTC ratio is turning decisively in ETH’s favor. Ethereum is the financial operating system for the emerging Intelligence Economy, with real-world use cases, tokenized assets, and structural demand driving a transition from speculative trade to institutional-grade investment. As Ethereum ( ETH-USD ) challenges the key $2600 resistance level, the technical setup is for a powerful long-term breakout rally. This is accompanied by a very strong set of fundamental circumstances that support the technicals. My short-term target is approximately $5000, intermediate-term $10-12,000, and longer-term $54,000. FUNDAMENTALS First, let’s contextualize the setup. Ethereum is the basis for much of the emerging Web3 economy. ERC‑20 tokens, Layer‑2 rollups, decentralized finance ["DeFi"], Non-fungible tokens ["NFTs"], Decentralized Autonomous Organizations ["DAOs"] are all based on the ETH smart contract ecosystem. While there is competition, Ethereum still dominates the space in terms of developer activity and total value locked-in. A dramatic shift from a hostile to a favorable political and regulatory environment is the wide spectrum backdrop. President Trump’s executive orders gave crypto the status of a strategic asset and put an end to the DOJ’s anti-crypto task force. Crypto acceptance is becoming normalized now with the White House appointing David Sacks as Special Advisor for AI & Crypto. Congress is advancing bipartisan frameworks like the CLARITY Act, FIT21, and the stablecoin GENIUS Act, with passage expected by the end of 2025. This will create regulatory clarity for digital assets, staking, stablecoins, and smart contracts. In this supportive political context, Ethereum is seeing explosive institutional adoption. Spot ETFs led by BlackRock ( ETHA ) and Fidelity ( FETH ) have drawn hundreds of millions in weekly inflows . Asset managers are embedding Ethereum-based tokenization into the real-world financial infrastructure by launching on-chain money markets and Treasury instruments. This institutional backing is creating a structural bid under ETH. As a result, Ethereum is riding a wave of institutional capital inflows. Spot ETFs attracted more than $148 million in net inflows on July 3, including BlackRock’s ETHA ($85 million) and Fidelity’s FETH ($64.7 million). Inflows continued on July 7–8, with daily ETF purchases exceeding $120 million. This influx represents regulated exposure and persistent structural demand from institutions involving trusted names (BlackRock, Fidelity). Fidelity and BlackRock are also pioneering tokenized money markets and Treasury funds on Ethereum. Fidelity’s “OnChain” share class launched on May 30. Real-World Asset ["RWA"] tokenization volume is about $24 billion, 60% of which sits on the Ethereum blockchain. These moves reflect a shift in the view of Ethereum from a speculative crypto play to core financial infrastructure. It's starting to be seen as a platform underpinning institutional asset issuance, transparency, and settlement. The convergence of regulatory legitimacy, institutional participation, and real economic and financial utility creates a fundamental bullish case for ETH, which is confirmed by the technical picture. TECHNICALS Let's start with the short-term view. Since May, ETH has been consolidating above and below the $2600 level in a sideways pattern: BullBear.Substack.com, TradingView It looks set to take out that level now following a drop to $2100 in June. A close above $26-2700 should get a fast new rally high around 3k. Daily chart: BullBear.Substack.com, TradingView A break of $2.6k should also take out that trendline and leave behind the 200-day EMA, which has anchored the consolidation of the last two months. The red upper rail of the formation should be seen quickly, with $4k a natural area for profit taking and a consolidation. ETH Weekly: BullBear.Substack.com, TradingView The ETH price is not only taking out its 200-day EMA after consolidating around it; it is also doing the same for its weekly 200-day EMA. That's a powerful technical configuration. Weekly RSI has a long way to go before it gets upside extended, and we can see that a wave 3 position can be called here. That means that the upper resistance zone of $4–5k would be the wave 3 target. After a bit of volatility there, we can expect wave 5. If the current trendline were to hold, then we could be looking at 10k by March 2026. That's just eyeballing at this point. We would have to see how the trend develops and the corresponding state of RSI. Still, a 500% rally from the April low is well within the performance profile for this asset. Monthly ETH: BullBear.Substack.com, TradingView The long-term structural setup is for Major Wave 5. After the Major Wave 1-2 sequence, Wave 3 yielded an over 3000% return. A similar rally for Wave 5 would price ETH at $54k. If the duration of the rally is similar, it would reach that mark by December 2026. Note that in addition to currently taking out the 200-day and 200-week EMAs, price is also rising above the key 10-month SMA. The last major wave rallies started when the monthly RSI was at the same level it saw at the April low (when I turned bullish on Ethereum). Basically, April 2025=March 2020. Or something similar. With much more supportive fundamental conditions. The Ethereum/Bitcoin ratio also confirms the long-term buy setup: BullBear.Substack.com, TradingView When Bitcoin dominance peaked in December of 2019, the next big ETH rally was not far away. The setup is similar this time as well. Let's look at crypto relative performance. Since the April low, only TAO has beaten out ETH. ETH is outperforming BTC by almost 2 to 1 factor: BullBear.Substack.com, TradingView 3 Months: BullBear.Substack.com, TradingView 1 month: BullBear.Substack.com, TradingView It's clear that Ethereum is attracting capital and separating from the pack. That doesn't mean that other plays won't also do well in this cycle, but we have passed the point of pure speculative bets and entered the phase of real investment and structural build-out. While I wouldn't put all your eggs in this single basket, it's not a bad idea to take some BTC and reallocate to ETH at this time. Or maybe sell some Apple stock and put it into a forward investment. Ethereum is one significant component of the emerging Intelligence Economy that investors should be taking very seriously right now. The new economic engine will distribute value in dedicated tokens, many of which will be based on the Ethereum blockchain. For more context and deeper background on this, read: Investing In The Intelligence Economy: Semantic Graph Engines
Plasma will feature several unreleased stablecoins upon its "late summer" mainnet launch, although it wouldn't confirm who would issue them.