Despite Bitcoin’s recent price volatility and the onset of the historically weakest quarter, crypto market sentiment remains resilient and optimistic. Analysts highlight that Bitcoin’s current trading levels near $105,000 reflect
The crypto news feed shows mixed signals today, with the crypto market cap falling 3.2%. Bitcoin is down 1% in the past 24 hours, trading just above $106,000, while Ethereum has also lost some ground but still stands above $2,400. 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 2, 2025 – SEC Issues New Crypto ETF Guidance – Here’s What Issuers Must Disclose appeared first on Cryptonews .
XRP price started a fresh decline from the $2.320 zone. The price is now correcting gains and might find bids near the $2.120 zone. XRP price started a fresh decline from the $2.320 zone. The price is now trading below $2.220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend losses if it fails to clear the $2.220 resistance zone. XRP Price Dips Further XRP price failed to extend gains above the $2.320 resistance and started a fresh decline, like Bitcoin and Ethereum . The price declined below the $2.250 and $2.220 support levels. Besides, there was a break below a key bullish trend line with support at $2.20 on the hourly chart of the XRP/USD pair. The pair even spiked below the $2.150 level. A low was formed at $2.148 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2.327 swing high to the $2.148 low. The price is now trading below $2.220 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. The next resistance is $2.2380. It is close to the 50% Fib retracement level of the downward move from the $2.327 swing high to the $2.148 low. A clear move above the $2.2380 resistance might send the price toward the $2.2850 resistance. Any more gains might send the price toward the $2.30 resistance or even $2.320 in the near term. The next major hurdle for the bulls might be $2.40. Fresh Decline? If XRP fails to clear the $2.220 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.020 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.150 and $2.120. Major Resistance Levels – $2.220 and $2.2850.
Despite Bitcoin’s recent price wobble and the start of the third quarter — historically its weakest — crypto market sentiment remains strong.
Bitcoin is currently trading at critical levels, holding firmly above $105,000 but struggling to break through the $109,000 resistance zone. This range has become a decisive battleground between bulls and bears, with market participants closely watching for a breakout or breakdown in the coming days. While bulls remain in control and continue to defend key support levels, the failure to push into price discovery has raised concerns that a correction may be looming. Adding to this cautious sentiment, fresh data from Glassnode reveals a notable uptick in profit-taking activity across the Bitcoin network. Realized profits surged to $2.46 billion in a single day, while the 7-day moving average climbed to $1.52 billion, well above the year-to-date average of $1.14 billion. Though still below the peaks seen in late 2024, this trend signals that investors are beginning to secure gains, potentially preparing for increased volatility. With sentiment split and macro conditions in flux, the coming days may be crucial for Bitcoin’s next major move. If bulls can reclaim the $109K level, momentum could return. But if profit-taking intensifies, a deeper correction could bring BTC back toward the $100K mark. Profit-Taking Accelerates As Bitcoin Battles Resistance Bitcoin has experienced significant volatility in 2025, marked by aggressive price swings that have kept traders on edge. The past month alone has seen Bitcoin surge to a new all-time high near $112,000 before retracing to a local low of $98,000. Despite this choppy action, the broader trend remains positive. Since rebounding from the $75,000 level in April, Bitcoin has climbed over 15%, with bulls maintaining control and defending key support zones. This strength coincides with a broader risk-on environment, as the US stock market recently reached a new all-time high. Many analysts believe Bitcoin and the wider crypto market could be next in line to benefit from improved sentiment and increased investor appetite. However, on-chain data from Glassnode reveals that profit-taking is ramping up again. Yesterday, realized profits on the Bitcoin network hit $2.46 billion, while the 7-day simple moving average (SMA) climbed to $1.52 billion. This figure sits well above the year-to-date average of $1.14 billion, suggesting a renewed wave of profit realization among investors. Still, these levels remain considerably lower than the $4–5 billion profit spikes seen during the peak frenzy of November and December 2024. While these metrics don’t necessarily signal an immediate top, they reflect growing caution in the market. As Bitcoin hovers just below its all-time high, the balance between bullish momentum and investor profit-taking will be key in determining whether BTC breaks higher or retraces further in the sessions ahead. BTC Struggles Below Critical Resistance The 12-hour chart of Bitcoin shows a clear consolidation phase that began in early May. After a sharp rally above $100,000, BTC has been trading within a defined range, with key support at $103,600 and stiff resistance near $109,300. Price briefly pushed above the 50- and 100-period moving averages, but strong selling pressure has continued to block any decisive breakout above the $109K zone. Currently, Bitcoin is trading at approximately $106,557, slightly below the short-term moving averages, suggesting a potential cooling-off period. Price action remains choppy, with multiple failed attempts to establish a clear trend. Despite bullish attempts to retest the upper resistance band, volume has not confirmed a breakout, and wicks above $109K indicate exhaustion at those levels. The $106K mark—aligned with the 50 and 100 SMAs—is acting as a dynamic support, but a break below could quickly send BTC to retest the $103,600 level. On the upside, bulls must clear $109,300 with conviction to trigger a potential rally toward new all-time highs. Featured image from Dall-E, chart from TradingView
Altcoin traders are watching the crypto market closely as Q3 2025 kicks off with new opportunities. Among the best altcoins to buy now, MAGACOIN FINANCE stands out alongside Bitcoin, XRP, and Polkadot. Each has its strengths, but analysts agree MAGACOIN FINANCE is the standout pick for this quarter. Investors searching for new altcoins 2025 are shifting capital away from older large-cap tokens into more community-driven options. MAGACOIN FINANCE is riding this trend thanks to its strong political narrative, capped supply, and transparent development roadmap. Why MAGACOIN FINANCE Is the Best Altcoin to Buy Now MAGACOIN FINANCE has quickly become one of the most talked-about altcoins in 2025. Many experts rank it as the top pick on every altcoin watchlist Q3 2025. Its grassroots community and narrative-driven approach give it staying power in a crowded market. Every phase of its presale sold out faster than expected. Investors trust its third-party smart contract audit and fixed supply — rare qualities that make it more than just another meme coin. Analysts often compare MAGACOIN FINANCE to early-stage Dogecoin and Shiba Inu, but with a major difference: it has a clear governance plan and real-world utility. This decentralized political meme coin combines meme energy with practical tools for holders. MAGACOIN FINANCE vs Bitcoin: Price Prediction and Momentum Bitcoin remains the market leader and sets the tone for the entire sector. Experts expect Q3 2025 to mirror the pattern seen in previous post-halving years like 2013, 2017, and 2021 — strong rallies driven by rising on-balance volume and tighter Bollinger Bands. Some forecasts put Bitcoin’s price between $130,000 and $135,000 by the end of the quarter. A key driver for Bitcoin is the inflow of institutional money through spot Bitcoin ETFs. New filings, including the Trump Media & Technology Group’s Bitcoin and Ethereum ETF, have added fresh liquidity. This momentum often spills over into trending altcoins. While Bitcoin benefits from its post-halving narrative and ETF tailwinds, MAGACOIN FINANCE brings something different — a political meme coin with utility, capped supply, and strong community governance. Both coins have momentum but attract different types of investors. MAGACOIN FINANCE, XRP, and Polkadot: Analyst Highlights XRP has been on the move since Ripple finalized its SEC settlement on June 28, 2025. The resolution confirms XRP is not a security in secondary sales. Ripple CEO Brad Garlinghouse said the SEC will drop its appeal, clearing the path for more adoption. Many forecasts put XRP’s Q4 2025 price around $5.05, assuming steady growth. But some traders want bigger upside potential. They’re rotating funds into MAGACOIN FINANCE for its early-stage narrative and political edge. Polkadot is still a top choice for developers. Its Q3 outlook is supported by new parachains, the XCM v5 upgrade, and elastic scaling, which attract more builders to its ecosystem. Analysts expect Polkadot to trade between $3.50 and $4.70 this quarter. However, newer coins like MAGACOIN FINANCE are drawing attention away from legacy projects. Its mix of meme coin appeal, political messaging, and capped supply makes it one of the top altcoins to watch in Q3 2025. Final Thoughts Bitcoin and XRP prove older coins still have plenty of fuel in the tank. Polkadot remains key for Web3 developers. But for those hunting the next big narrative, MAGACOIN FINANCE is the standout in the altcoin market Q3 2025. It combines meme power, political energy, and real governance under one roof — a mix that makes it more than just hype. Investors who missed out on early DOGE and SHIB see MAGACOIN FINANCE as their second chance. Keep an eye on this political meme coin as traders look for fresh stories and top altcoins to buy now. If you’re ready to catch the next wave, add MAGACOIN FINANCE to your watchlist — or your portfolio — this quarter. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance
On July 2, Bitcoin spot ETFs in the United States recorded significant capital withdrawals, as reported by Farside Investors. The total net outflow reached $342.2 million, underscoring a cautious investor
The U.S. Securities and Exchange Commission (SEC) is poised to revolutionize the crypto investment landscape by streamlining the approval process for token-based Exchange-Traded Funds (ETFs), promising faster market access and
BitcoinWorld Grayscale ETF Triumph: SEC Approves Digital Large Cap Fund Conversion A monumental shift is underway in the world of digital asset investing! The U.S. Securities and Exchange Commission (SEC) has officially given its nod to Grayscale’s request to transform its highly anticipated Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF). This isn’t just another regulatory update; it’s a significant leap forward for institutional crypto adoption and mainstream accessibility to digital assets. What Does This SEC Approval Mean for Investors? The news, initially reported by Unfolded on X, confirms a long-awaited development that many in the crypto community have been anticipating. But what exactly does the SEC approval of Grayscale’s Digital Large Cap Fund as an ETF entail for you, the investor, and the broader market? Enhanced Accessibility: Previously, investing in Grayscale’s fund might have involved navigating private placements or specific trusts. With an ETF, it becomes as simple as buying shares on a traditional stock exchange, making it accessible to a much wider range of investors, including those who prefer regulated investment vehicles. Increased Liquidity: ETFs are known for their high liquidity. This conversion means more trading volume and easier entry and exit points for investors, reducing potential price slippage and improving overall market efficiency for these digital assets. Regulatory Legitimacy: An ETF structure brings a layer of regulatory oversight and investor protection that is often sought by traditional financial institutions and risk-averse investors. This stamp of approval from the SEC lends significant credibility to the digital asset space. Diversified Exposure: Unlike single-asset ETFs (like a spot Bitcoin ETF), the Grayscale Digital Large Cap Fund offers exposure to a basket of prominent cryptocurrencies, providing inherent diversification for investors seeking broad market exposure without managing individual crypto wallets. Diving Deeper into the Grayscale Digital Large Cap Fund’s Assets One of the most compelling aspects of this new Grayscale ETF is its diversified portfolio. The fund is designed to provide exposure to the largest and most liquid digital assets, mirroring a significant portion of the cryptocurrency market’s capitalization. The approved ETF will include a carefully selected mix of: Asset Significance Bitcoin (BTC) The pioneer cryptocurrency, often seen as ‘digital gold’ and the cornerstone of the crypto market. Ethereum (ETH) The leading smart contract platform, foundational for DeFi, NFTs, and a vast ecosystem of dApps. XRP A digital asset focused on fast, low-cost international payments and remittances. Solana (SOL) A high-performance blockchain known for its speed and scalability, attracting a growing developer community. Cardano (ADA) A proof-of-stake blockchain platform emphasizing research-driven development and sustainability. This strategic selection ensures that investors gain exposure to established market leaders as well as innovative, high-growth potential altcoins, all within a single, regulated investment product. It represents a mature approach to offering crypto ETF products that cater to a broader investment mandate beyond just Bitcoin. The Road Ahead: What’s Next for Institutional Crypto? While the SEC approval of the Grayscale Digital Large Cap Fund is a monumental step, it also raises questions about the future trajectory of digital asset investments. This decision could potentially open the floodgates for more diversified crypto ETFs and similar regulated products. The regulatory landscape is continuously evolving, and this move by the SEC indicates a growing understanding and perhaps acceptance of digital assets within traditional financial frameworks. However, challenges remain. Market volatility, evolving regulatory frameworks, and the need for robust custody solutions are ongoing considerations. This approval sets a precedent, but each new product will still undergo rigorous scrutiny. Investors should always conduct their own due diligence and understand the inherent risks associated with digital asset investments, even within regulated vehicles. Actionable Insights for Navigating the New Grayscale ETF Landscape With the advent of the Grayscale Digital Large Cap Fund ETF, investors have new avenues to consider. Here are a few actionable insights: Assess Your Risk Tolerance: While an ETF provides regulatory comfort, the underlying assets (cryptocurrencies) are still volatile. Ensure this investment aligns with your overall financial goals and risk appetite. Consider Diversification: This ETF offers inherent diversification within the crypto space. However, it’s also crucial to ensure your overall portfolio is diversified across various asset classes, not just digital assets. Stay Informed: The crypto market and its regulatory environment are dynamic. Keep abreast of market news, regulatory changes, and performance updates related to the Grayscale Digital Large Cap Fund and other similar products. Consult a Financial Advisor: For complex investment decisions, especially those involving emerging asset classes, seeking advice from a qualified financial professional is always recommended. In conclusion, the SEC approval of the Grayscale Digital Large Cap Fund’s conversion to an ETF marks a pivotal moment for the cryptocurrency industry. It signifies increasing mainstream acceptance and provides a regulated, accessible pathway for investors to gain diversified exposure to leading digital assets. This development is not just about one fund; it’s about the continued maturation of the digital asset ecosystem and the growing bridge between traditional finance and the innovative world of blockchain. It’s a powerful testament to the relentless efforts of companies like Grayscale in pushing for clearer regulatory frameworks and broader investment opportunities. To learn more about the latest institutional crypto trends, explore our article on key developments shaping crypto ETF institutional adoption. This post Grayscale ETF Triumph: SEC Approves Digital Large Cap Fund Conversion first appeared on BitcoinWorld and is written by Editorial Team
Hyper, currently ranked first on the total profit leaderboard, has strategically decreased its Bitcoin (BTC) long exposure by approximately $7.93 million. This adjustment reflects a prudent risk management approach amid