The meme coin landscape has just been shaken by a rising powerhouse—Little Pepe (LILPEPE). With
The Bitcoin price continues to trend very close to its all-time high levels and has dominated the market in terms of gains over the last few months. Given how much the price has grown during this time period, expectations have begun to skew toward a possible drawdown as the price moves to correct after continuously moving upward. This is highlighted by crypto analyst Xanrox, who has warned investors of an impending Bitcoin price crash and revealed the best time to actually buy the digital asset. Analyst Calls Out Bitcoin Price Recovery As Takeout Over the last week, the Bitcoin price has climbed higher and briefly moved above the $110,000 level before rolling back downward. This has pointed to a steady climb in participation as crypto investors begin to make their bets once again. However, while the market has celebrated this climb, crypto analyst Xanrox has called it out for being a bearish development . The analysis focuses on the Bitcoin price uptrend that saw it tap $110,000. But he points out that instead of a clean break, the digital asset had failed to continue its uptrend even after breaking out of its descending channel . Given this, Xanrox explains that this is a false breakout of a pattern, or what is commonly known in the crypto community as a “bull trap.” The thing about bull traps is that they are ultimately bearish in nature. So, while the Bitcoin price seems to be in an uptrend, if Xanrox is right, then it means that the cryptocurrency will be seeing a downturn soon, and that will trigger a price crash. Additionally, the analyst explains that the uptrend from the past week has now trapped bulls in long positions, while whales will need liquidity from orders and stop losses. Thus, to grab this liquidity, whales will need to drive the price downward, and the 0.618 Fibonacci retracement of the previous impulse wave just below $103,000 is the most likely culprit. When Is The Best Price To Enter BTC? To figure out where the Bitcoin price might be headed next, the crypto analyst applies the Elliot Wave Theory to the current trend. He explains that Wave 1 is already complete, meaning the bearish Wave 2 is now in play, which is an ABC correction. With this correction forming, the analyst advises investors to wait before entering a long position. The 0.618 Fibonacci retracement level lies at $102,909, making it the best time to enter the digital asset. Xanrox also points out that there is an unfilled Fair Value Gap (FVG) between $102,000 and $104,000 that is expected to fill quickly during this time . However, despite the expected retracement, the overall trend for the Bitcoin price remains bullish with the Elliot Wave Theory. If Wave 2 plays out completely, then Wave 3 is expected to begin, which is usually an even more bullish move compared to Wave 1, and could put BTC on the path to new all-time highs.
BTCS, a publicly traded firm specializing in blockchain technology, has declared an upward revision of its capital raising objective to US$225 million. This strategic move aims to bolster its Ethereum
DUBAI, UAE, July 9, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, today announces a transformative rebranding experience, marking a pivotal moment in its six-year journey. With the launch of the #IMakeIt campaign and a striking new visual identity, Bybit signals a renewed commitment to reshaping the financial landscape and empowering its vibrant community of over 70 million users worldwide. A New Chapter: Where Boundaries Dissolve Since its inception, Bybit has been at the forefront of innovation, bridging the worlds of centralized and decentralized finance, crypto and equity, and welcoming everyone from beginners to seasoned professionals. Today, Bybit reaffirms its mission: to not just serve traders, but to redefine what and how people can trade. In a world where everything is possible, Bybit is reshaping what “possible” means. “At Bybit, we believe that every user has the power to shape their own financial destiny. The #IMakeIt campaign and our new visual identity reflect our commitment to innovation, inclusivity, and empowerment,” said Claudia Wang, Head of Marketing, Bybit. “We’re here to dissolve boundaries, unlock possibilities, and guide our community into a future where everything is possible. This is more than a refresh—it’s a bold step forward, inspired by our users and driven by our vision to reshape global finance.” Building What’s Next: The New Bybit Story This brand reset is about leading the next evolution in finance, empowering users to shape their own financial futures, and making digital assets and decentralized tools usable, powerful, and inclusive. Vision: Reshaping global finance by unlocking possibilities for everyone. Mission: Resetting the status quo by reshaping the ecosystem into a discipline-driven, inclusive, transparent, guided yet built to endure. The Heart of the New Brand: “I” At the core of Bybit’s new identity is the letter “I”—symbolizing identity, innovation, and intention. It’s personal, powerful, and represents every user shaping the future alongside Bybit. What’s Changed: More Than a Visual Update This transformation is a full-scale reset of Bybit’s identity and purpose. At the heart of the rebrand is a reimagined approach to how Bybit communicates, connects, and empowers—not just traders, but all users. The new tone is bold yet human, global yet locally tuned, guiding users through clarity, empowerment, and innovation. Storytelling now leads the brand, with a focus on reshaping what’s possible in finance for everyone, everywhere. Phased Rollout: Where You’ll See the Change Early July: Public brand launch with a global campaign, social media activations, and a livestream event. Mid-July: App refresh, including UI and icon updates across both Lite and Pro experiences. Coming Soon: Website refresh, featuring a new homepage, onboarding flow, and key product pages. August Onwards: Consistent rollout across regional adaptations, videos, templates, internal tools, and global events. #Bybit / #TheCryptoArk / #IMakeIt About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, July 9, 2025 /PRNewswire/ -- Bybit , the world's second-largest cryptocurrency exchange by trading volume, today announces a transformative rebranding experience, marking a pivotal moment in its six-year journey. With the launch of the #IMakeIt campaign and a striking new visual identity, Bybit signals a renewed commitment to reshaping the financial landscape and empowering its vibrant community of over 70 million users worldwide. A New Chapter: Where Boundaries Dissolve Since its inception, Bybit has been at the forefront of innovation, bridging the worlds of centralized and decentralized finance, crypto and equity, and welcoming everyone from beginners to seasoned professionals. Today, Bybit reaffirms its mission: to not just serve traders, but to redefine what and how people can trade. In a world where everything is possible, Bybit is reshaping what "possible" means. "At Bybit, we believe that every user has the power to shape their own financial destiny. The #IMakeIt campaign and our new visual identity reflect our commitment to innovation, inclusivity, and empowerment," said Claudia Wang, Head of Marketing, Bybit. "We're here to dissolve boundaries, unlock possibilities, and guide our community into a future where everything is possible. This is more than a refresh—it's a bold step forward, inspired by our users and driven by our vision to reshape global finance." Building What's Next: The New Bybit Story This brand reset is about leading the next evolution in finance, empowering users to shape their own financial futures, and making digital assets and decentralized tools usable, powerful, and inclusive. Vision: Reshaping global finance by unlocking possibilities for everyone. Mission: Resetting the status quo by reshaping the ecosystem into a discipline-driven, inclusive, transparent, guided yet built to endure. The Heart of the New Brand: "I" At the core of Bybit's new identity is the letter "I"—symbolizing identity, innovation, and intention. It's personal, powerful, and represents every user shaping the future alongside Bybit. What's Changed: More Than a Visual Update This transformation is a full-scale reset of Bybit's identity and purpose. At the heart of the rebrand is a reimagined approach to how Bybit communicates, connects, and empowers—not just traders, but all users. The new tone is bold yet human, global yet locally tuned, guiding users through clarity, empowerment, and innovation. Storytelling now leads the brand, with a focus on reshaping what's possible in finance for everyone, everywhere. Phased Rollout: Where You'll See the Change Early July: Public brand launch with a global campaign, social media activations, and a livestream event. Mid-July: App refresh, including UI and icon updates across both Lite and Pro experiences. Coming Soon: Website refresh, featuring a new homepage, onboarding flow, and key product pages. August Onwards: Consistent rollout across regional adaptations, videos, templates, internal tools, and global events. #Bybit / #TheCryptoArk / #IMakeIt About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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Joanna Zeng, co-founder and CEO of cryptocurrency project SOON, made statements regarding the SOON price fluctuations in recent days. Zeng stated that according to initial findings, the sudden price movements could be an organized market manipulation attempt targeting not only SOON but also many crypto assets. He argued that this manipulation was aimed at creating panic among investors and profiting from it. Chart showing the rise in SOON price. Joanna Zeng said the following against this attack: “The SOON team did not sell any SOON tokens and did not gain any profit from this price fluctuation. This is not the end of SOON. We will continue to develop as always.” Related News: There's Significant Whale Activity in This Altcoin: They Unstaked $40 Million Worth of Tokens Zeng claimed that the project has made significant strides to date and shared the following developments: InterSOON, which reached a transaction volume of 200 million dollars, SOON Stack, which is active on more than three mainnets, Simpforfun platform with a volume of $60 million. Zeng also claimed that SOON Labs has made more contributions than larger budget projects in the industry, and said that they will not abandon the project for the sake of short-term gains and will not back down against manipulations. *This is not investment advice. Continue Reading: Founder and CEO of Altcoin Whose Price Plummeted Makes Statement
TL;DR XRP completes a 32-week consolidation, matching the 2017 pattern that led to an explosive breakout. Futures open interest hits $5.17B, with traders betting big on near-term XRP momentum. Tight Bollinger Bands suggest volatility ahead; the past setup led to a 600% price pump. XRP Price Trends Higher Amid Low Volume Ripple (XRP) was trading at $2.34 as of Wednesday, posting a 2.4% gain in the last 24 hours. This follows a rise from $2.26 and extends the asset’s weekly gain to 6.48%. Its total market capitalization now stands at approximately $137.4 billion. Meanwhile, trading volume has dropped 42.4% in the same period, with $2.58 billion in tokens changing hands. Lower volume during a price rise can signal weaker conviction, though the overall trend remains positive. The 24-hour trading range sits between $2.26 and $2.34. Technical Setup Mirrors 2017 Pattern According to trader @Ripplesinwales, XRP’s price has completed a 32-week consolidation period. This pattern matches a similar formation that occurred in 2017, which preceded a sharp breakout in week 33. $XRP has been in a 32 week consolidation Same duration consolidation occurred in 2017 Week 33 could be explosive pic.twitter.com/HImaSFLhbp — Ripples (@Ripplesinwales) July 9, 2025 Chart data confirms the token is moving out of a long-term symmetrical triangle, a structure that often leads to a directional move. Volume has shown small signs of picking up. This has led traders to monitor the next few sessions closely as a potential breakout window. Futures Market Open Interest Nears Record Open interest in XRP futures reached $5.17 billion, marking a 3.07% increase and the highest reading since January. This surge brings XRP’s open futures positions near their previous all-time high. The metric has risen 33% since the June 22 low, showing stronger interest in derivatives markets. In addition, Coinglass data indicates that open interest peaked at 800 million XRP before settling slightly lower at 743 million. Futures open interest reflects how much capital is deployed in active positions, and growth in this area suggests that traders are positioning for possible larger moves. As previously reported by CryptoPotato, Steph Is Crypto pointed out that XRP’s Bollinger Bands have recently tightened. The last time the asset saw this setup, it resulted in a 600% price move. The post Ripple (XRP) Eyes Breakout After 32-Week Hold Pattern appeared first on CryptoPotato .
Cardano (ADA) demonstrates notable resilience midweek, with buyers maintaining dominance and pushing prices upward amid a cautiously optimistic market environment. Technical indicators suggest a potential breakout above the $0.60 resistance
The post Crypto Firms Fight DOJ Over Developer Code Crackdown appeared first on Coinpedia Fintech News A coalition of crypto advocacy groups accuses the US Department of Justice (DOJ) of misusing a law provision, backing Michael Lewellen’s case against the federal agency. On July 7, a crypto investment company, Paradigm , joined the alliance and filed an amicus brief , challenging the DOJ’s attack on software developers publishing open source code. Crypto Firm Coalition Against DOJ Paradigm reported on Monday that it has joined forces with— DeFi Education Fund, alongside the Blockchain Association, Crypto Council for Innovation, the Digital Chamber, the Solana Policy Institute, the Bitcoin Policy Institute, and the Uniswap Foundation— to support plaintiff, Michael Lewellen. Lewellen, the developer who created a non-custodial crypto protocol and wanted to make it publicly available, merely published the code, which is not a money transmission, contrary to what the DOJ accused him of. Why the Crypto Firms are Fighting Against the DOJ? The crypto group coalition called the Department of Justice’s prosecution unfair and accused it of misusing section 1960 of the Title 18 of the US Code. In their filing, the coalition reported that the government is actively prosecuting P2P crypto software, even when the developers are publishing open-source software. Developers who followed the rules, consulted lawyers, and relied on government guidance are also finding themselves at the risk of indictment or are facing trials like Roman Storm. Emphasizing the wrongdoing of the DOJ, Paradigm stated– “We filed the brief because the government’s position is not just wrong on the law; it threatens the future of neutral crypto infrastructure in the United States and will send innovation fleeing overseas.” Urging the Government to Maintain Clarity in Laws The crypto group coalition urged the government to give more clarity on the DOJ laws before prosecuting. Without clarity, developers will keep facing penalties and imprisonment, halting innovation in the US. The amicus brief submitted by the coalition defines unlicensed illegal money transmitting, which, according to the crypto firms, was not committed by Lewellen. Final Thought The crypto group coalition believed that people would lose faith in the US law if it does not provide clarity before executing charges. It will also confuse the developers to understand what falls under legal circumstances and what doesn’t. If this harsh and illogical regime continues, many developers will start to flee overseas to continue their innovative work.