XRP price started a fresh increase above the $2.320 zone. The price is now showing positive signs and might climb above the $2.45 resistance. XRP price started a fresh increase above the $2.350 zone. The price is now trading above $2.320 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.350 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.30 level, beating Bitcoin and Ethereum . The price was able to climb above the $2.350 resistance level. The recent move was positive and the bulls pushed the price above the $2.40 level. A high was formed at $2.437 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.250 swing low to the $2.437 high. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.4350 level. The first major resistance is near the $2.450 level. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.60 in the near term. The next major hurdle for the bulls might be near the $2.750 zone. Another Decline? If XRP fails to clear the $2.450 resistance zone, it could start another decline. Initial support on the downside is near the $2.380 level and the trend line zone. The next major support is near the $2.350 level or the 50% Fib retracement level of the upward move from the $2.250 swing low to the $2.437 high. If there is a downside break and a close below the $2.350 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.2650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.380 and $2.350. Major Resistance Levels – $2.4350 and $2.450.
On July 10, the Bitcoin Thunderbolt Station reservation phase, launched by Nubit, successfully closed with cumulative deposits surpassing US$900 million. This figure notably exceeds the fundraising volume of Pump.fun by
On-chain data shows the Bitcoin RHODL Ratio has reversed upwards recently, a potential sign that a cycle transition could now be underway. Bitcoin RHODL Ratio Could Be Hinting At Cooling Market Speculation In a new post on X, the on-chain analytics firm Glassnode has discussed the latest shift in the RHODL Ratio of Bitcoin. The Realized HODL (RHODL) Ratio is an indicator that measures the ratio between the Realized Cap of two given HODL wave bands. The Realized Cap refers to an on-chain capitalization model that calculates BTC’s total value by assuming that the value of each token in circulation is equal to the spot price at which it was last transacted on the blockchain. In short, what this metric tracks is the amount of capital that the investors as a whole have put into the cryptocurrency. Here, the Realized Cap of only specific segments of the market is of interest: two “HODL wave bands” or cohorts corresponding to the supply aged between 1 day and 3 months, and that between 6 months and 2 years. Naturally, the former HODL wave band represents the coins that the investors have just purchased. Thus, its Realized Cap would signify the capital that has recently entered into the network. Similarly, the Realized Cap of the latter group would correspond to the capital stored in the hands of resolute individuals . Given this, the RHODL Ratio for these HODL wave bands would tell us about how the capital stored in the two parts of the sector currently compares. Below is the chart shared by the analytics firm that shows the trend in this Bitcoin metric over the history of the digital asset. As displayed in the above graph, the Bitcoin RHODL Ratio has been following an upwards trajectory recently, meaning that capital has been maturing from new hands to the veterans holding for more than six months. Following the latest continuation of the trend, the metric has reached the highest level for the current cycle . “This signals a shift: more wealth is held by single cycle holders, while 1d–3m activity stays low,” notes Glassnode. From the chart, it’s visible that this pattern was generally witnessed alongside transitions during past cycles. And not just any transitions, but those happening away from bull markets. So far, the RHODL Ratio is still far below the peaks seen during the last few Bitcoin cycles, so it only remains to be seen whether the current rise in the indicator is truly the start of a long-term shift like those past ones, or if it’s a temporary deviation. BTC Price At the time of writing, Bitcoin is trading around $109,300, up more than 1.5% in the last week.
The post Why is Crypto Market Going Up Today? appeared first on Coinpedia Fintech News The cryptocurrency market is back in the green, with Bitcoin making headlines after breaking through the $111,000 resistance level. Earlier today, Bitcoin briefly touched $112,150, crossing its old all-time high by a small margin. Though the price has slightly pulled back to around $111,400, analysts say this move shows strong bullish momentum in the market. Despite fears of market crashes, wars, and negative news, data from charts, on-chain activity, and macroeconomic trends have pointed to a continued uptrend. Many have been expecting this breakout for months and Bitcoin’s next major target could be around $120,000. At the time of writing, the total cryptocurrency market capitalization has climbed to $3.47 trillion, marking a 3.03% increase over the past 24 hours. Ethereum has also slipped in green, trading at $2,786, gaining over 7% in a day. XRP, Solana, and Cardano are showing upward momentum, with XRP up 5%, Solana rising 4%, and Cardano climbing 6.25% in the same period. What’s Next For Bitcoin Price? Bitcoin’s price is currently hovering close to a key resistance zone, awaiting a breakout above the $111,000–$112,000 level. If the price manages to break and hold above this range, it could trigger a new bullish price target around $111,500, with short-term resistance sitting slightly higher at $112,000. On the other side, if Bitcoin fails to break out, it faces support around $107,500, with a deeper support zone near $105,500. At the moment, price action remains mostly sideways on shorter timeframes, forming a symmetrical triangle pattern. However, large amounts of liquidity are building just above and below Bitcoin’s current price, raising the possibility of sudden price moves or fake-outs in the short term. Overall, while momentum is still lacking on higher time frames, the market is on edge waiting for Bitcoin’s next decisive move.
Source: Medium When Bitcoin smashed through $100,000 in December 2024, it wasn’t just another price milestone; it was the culmination of something much bigger. The January 2024 SEC approval of spot Bitcoin ETFs had fundamentally rewired how institutional money flows into crypto, and we were watching the payoff in real time. Here’s what struck me about this moment: after years of regulatory resistance, the approval didn’t just legitimize Bitcoin; it created an entirely new infrastructure layer that traditional finance could finally plug into. The result? Bitcoin went from digital curiosity to portfolio necessity faster than anyone anticipated. The infrastructure shift is where things get interesting. These aren’t your typical investment products. Spot Bitcoin ETFs hold actual Bitcoin, not contracts or derivatives. Think of it like a gold ETF that stores physical bullion, except the “vault” is digital and the custodians are crypto-native companies that suddenly found themselves managing institutional billions. Nine of the twelve currently trading spot Bitcoin ETFs rely on Coinbase for custody. Coinbase’s custody of 9 out of 12 Bitcoin ETFs creates both competitive advantage and concentration risk. This infrastructure dominance generates stable revenue but raises questions about single points of failure in the crypto ecosystem. That’s not an accident; it’s the market recognizing that crypto infrastructure requires crypto expertise. Traditional banks talking about “blockchain solutions” for years suddenly needed companies that actually knew how to secure digital assets at institutional scale. This concentration creates fascinating dynamics. Coinbase transformed from a platform dependent on trading fees (feast during bull markets, famine during crypto winters) into critical financial infrastructure. ETF custody generates predictable revenue regardless of market sentiment. It’s the difference between being a casino and being the bank that handles the casino’s money. The numbers tell the story. Coinbase posted record results through 2024, positioning itself for what analysts expect will be a massive 2025. The company evolved from riding crypto waves to becoming the infrastructure that institutional waves crash against. But infrastructure plays attract competition, and Robinhood has been gaining ground with a different approach. While Coinbase focuses on institutional custody and compliance, Robinhood targets the retail investor frustrated with crypto complexity. The ETF revolution transformed revenue models for crypto platforms. Trading fees dropped from 70% to 35% of revenue while infrastructure services grew from 15% to 45%, creating more predictable business models less dependent on market volatility. Recent moves show this strategy in action: tokenized U.S. stocks across Europe, crypto staking for major cryptocurrencies, perpetual futures trading, and a custom blockchain for real-world asset settlement. Robinhood is building the on-ramp for mainstream adoption while Coinbase manages the vault. The platform’s commission-free crypto trading and streamlined experience have captured market share, particularly as regulatory clarity reduces friction. Record trading volumes and analyst optimism for 2025 suggest this retail-focused approach complements rather than competes with institutional infrastructure. Then there’s BTCS Inc., which offers a different lesson entirely. As the first cryptocurrency company on NASDAQ back in 2014, BTCS represents the pure-play approach to crypto business models. The company pioneered “Bividends” (paying shareholders in Bitcoin rather than cash) and operates blockchain analytics while maintaining direct crypto holdings. BTCS currently holds 90 Bitcoin and has expanded to 12,500 Ethereum through strategic financing. The company demonstrates how crypto-native businesses adapt to institutional validation without abandoning their foundational principles. While giants battle for infrastructure dominance, specialized players carve sustainable niches. Get Brendan on Blockchain’s stories in your inbox Join Medium for free to get updates from this writer.Subscribe What makes this entire ecosystem shift fascinating is how quickly traditional finance absorbed what was supposed to be disruptive technology. Spot Bitcoin ETFs solved the institutional access problem by providing compliant exposure through familiar investment vehicles. This flow diagram shows how different investor types can now access Bitcoin without direct crypto custody requirements. ETFs provided the compliant wrapper institutional investors needed, turning crypto from alternative asset to portfolio component. The regulatory environment signals this acceptance is permanent. Political leadership openly supporting crypto as strategic national infrastructure, combined with continued SEC evolution, suggests the framework will expand rather than contract. Ethereum ETFs, multi-crypto funds, and integration with traditional wealth management represent logical progressions. Institutional behavior confirms this maturation. Recent filings show mixed activity: some asset managers trimming Bitcoin ETF positions during Q1 2025 volatility while others made first-time allocations. This isn’t speculation; it’s portfolio management. Institutions treat crypto like any other asset class requiring risk assessment and allocation decisions. The infrastructure supporting this transformation continues solidifying. Custody solutions evolved from exchange wallets to institutional-grade security. Trading infrastructure handles billions in daily volume without the technical failures that plagued early crypto markets. Regulatory frameworks provide clarity for compliance officers nervous about digital assets. Market structure reflects this evolution. Price discovery happens across regulated exchanges with institutional participation rather than fragmented crypto-only platforms. Liquidity comes from diverse sources including algorithmic trading, institutional arbitrage, and retail participation through familiar brokerages. But here’s what I find most compelling: we’re witnessing the creation of parallel financial infrastructure rather than replacement of existing systems. Crypto didn’t disrupt traditional finance; it forced traditional finance to build crypto-compatible systems. Coinbase became the bridge between Bitcoin networks and institutional custody requirements. Robinhood built crypto trading that feels like stock trading. ETF providers wrapped crypto exposure in familiar investment vehicles. Each player solved specific friction points rather than demanding wholesale adoption of new paradigms. This infrastructure approach explains why Bitcoin ETF approval catalyzed such dramatic price movements. Bitcoin’s price acceleration correlates directly with ETF infrastructure milestones rather than speculative bubbles. The correlation between regulatory developments, ETF volume, and sustained price growth demonstrates institutional demand driving the market. Institutional money wasn’t waiting for crypto to mature; it was waiting for compliant access methods. Once those existed, allocation decisions followed standard portfolio logic rather than speculation. The winners in this transformation aren’t necessarily the platforms with the most users or the highest trading volumes. They’re the companies providing reliable infrastructure for an asset class that institutional investors can no longer ignore. Success metrics have shifted accordingly. Revenue stability matters more than growth rates. Regulatory compliance generates competitive advantages. Technical reliability determines institutional trust. These factors favor established players with resources to build proper infrastructure over startups promising disruption. Looking forward, the infrastructure is set. Regulatory frameworks continue evolving supportively. Institutional adoption follows predictable patterns based on risk tolerance and allocation models. The speculation phase is ending; the infrastructure utilization phase is beginning. The revolution isn’t in Bitcoin’s price reaching six figures. It’s in the infrastructure making crypto a standard component of diversified portfolios. The companies that built this infrastructure (and continue maintaining it) control the future of institutional crypto adoption. That’s where the real value gets created and captured. The post Coinbase, Robinhood, and the Race to Put Stocks on the Blockchain first appeared on HTX Square .
Bitcoin has surged to a new all-time high of $112,000, reigniting bullish sentiment and sparking predictions of a potential rally to $150,000. Institutional investors are increasingly driving this momentum, supported
A sharp rally in crypto majors over the past 12 hours triggered the largest wave of liquidations since May, wiping out more than $460 million in short positions. Bitcoin (BTC) surged past $111,000, ether (ETH) jumped nearly 7% to above $2,700, and Solana’s SOL climbed above $158, catching traders betting against the move completely offside. More than 114,000 traders were liquidated, with combined losses topping $527 million, according to data from Coinglass. Of that, $463 million came from short positions — or leveraged bets that the market would go lower — while only $64 million came from longs. The single largest liquidation was a $51.5 million short on HTX’s BTC-USDT pair. Liquidations occur when traders using leverage, or borrowing funds to amplify their positions, are unable to meet margin requirements as prices move against them. Exchanges forcibly close these positions to prevent further losses, often adding fuel to the move itself. In this case, as BTC and ETH pushed higher, waves of short liquidations may have created sudden price acceleration, forcing more traders to exit in a cascade. This reflexive dynamic makes liquidation data a useful trading signal. Sharp spikes in liquidations, especially from one side of the book, often indicate local tops or bottoms, depending on direction and timing. Some traders even position around it, betting on short squeezes or long flush-outs when the numbers start to skew. When combined with volume and price action, liquidation events often confirm the strength of a trend or signal its exhaustion. While Bitcoin remains up just 2% on the week, ETH and XRP are now both up more than 7%, suggesting the rally is being led by majors outside of BTC.
Japanese energy consulting firm, Remixpoint, has announced that it has raised approximately 31.5 billion yen, worth around $215 million, through financing. All funds are allocated for the acquisition of Bitcoin. The company aims to hold 3,000 BTC in the near term. However, it warned that fluctuations in the crypto asset’s prices and its own stock price could affect the plan. Remixpoint Bets Big on Bitcoin Following the initial acquisition, additional purchases will be based on the average stock price over three consecutive trading days. In its disclosure, Remixpoint stated that after extensive internal discussions, it has become increasingly convinced of Bitcoin’s future potential. Although various opinions were expressed within the company, the board unanimously concluded that the move would boost corporate value from a risk-return perspective while expanding future strategic options. “We understand the difference between seizing opportunities and playing it safe, as well as the distinction between a challenge and recklessness. We kindly ask for your continued warm support.” The latest development comes just a day after the Japanese energy firm said that it will pay its President and CEO, Yoshihiko Takahashi, his entire executive compensation in Bitcoin. Following the move, it became the first listed company in the country to adopt this approach. The step is in line with Remixpoint’s goal of “shareholder-oriented management,” ensuring that management shares the same economic fate as shareholders, especially as its share price often moves in tandem with Bitcoin’s price. The decision follows shareholder feedback urging management to align more closely with investor interests. While insider trading restrictions make it difficult for executives to acquire company shares, paying the CEO in Bitcoin offers a practical alternative to share economic value with shareholders while supporting Remixpoint’s strategy of integrating crypto assets, energy, and Web initiatives. The announcement comes amid a broader trend in Japan of companies, including Gumi, Value Creation, Metaplanet, and SBC Medical, adding Bitcoin to their strategies and balance sheets. Semler’s Corporate Bitcoin Accumulation Race Outside Japan, corporate adoption of Bitcoin as a treasury asset continues to gain momentum. For instance, Nasdaq-listed healthcare tech firm Semler Scientific acquired 187 BTC for $20 million at $106,906 per bitcoin this week. The purchase was funded using proceeds from its at-the-market (ATM) stock program. With this latest addition, Semler now holds a total of 4,636 BTC. The stash is currently valued at around $502 million, against a total purchase cost of $430 million. This implies paper gains of approximately $72 million and places the company 15th among corporations with the largest BTC holdings. The post Remixpoint Targets 3,000 BTC Following $215M Fundraising Round appeared first on CryptoPotato .
Cryptocurrency mining doesn’t have to be technical, expensive, or difficult. Thanks to cloud mining, you
Economist Timothy Peterson said that if Bitcoin hadn’t reclaimed its all-time high, the market might have had to wait until October for the next opportunity.