XRP’s possible push toward the $4 mark is now facing a threat, with momentum indicators suggesting the asset may be primed for a correction. Specifically, the Relative Strength Index ( RSI ), which measures the speed and change of price movements, is signaling overbought conditions. Specifically, XRP’s 24-hour RSI stands at 83.08, while the 12-hour RSI is at 77.24. Both readings are well above the 70 threshold that typically indicates an asset is overbought and vulnerable to a pullback, according to data retrieved by Finbold from Coinglass on July 22. XRP RSI chart. Source: Coinglass Historically, elevated RSI levels have pointed to a potentially overheated market, often triggering selling pressure as traders take profits. If this pattern holds, XRP could face increased downside risk, with a drop below the $3 level becoming a realistic possibility, especially if overall market sentiment weakens in the coming sessions. What next for XRP? While XRP’s momentum indicators are flashing warning signals, its broader technical structure remains bullish. In this case, analysis by trading expert Ali Martinez, shared in an X post on July 22, highlighted that XRP has staged a powerful breakout from a long-standing bullish flag pattern on the weekly chart, one that could ultimately drive the asset toward its $15 record high. XRP price analysis chart. Source: TradingView The outlook indicated that XRP was consolidating within a tightening flag structure for nearly ten months before decisively breaking out above the $2.70 resistance zone. The latest candle confirms bullish momentum, with XRP surging to around $3.50. The breakout follows a period of low volatility and narrowing price action, conditions that often precede major moves in technical analysis. With the flagpole suggesting a measured move that could propel prices significantly higher, analysts are now eyeing a potential long-term target near the $15 mark, based on the height of the flagpole projected from the breakout point. XRP price analysis At the time of writing, XRP was trading at $3.52, down approximately 0.8% over the past 24 hours. Over the last week, the asset has gained more than 20%. XRP seven-day price chart. Source: Finbold Despite concerns about RSI levels, XRP continues to reflect bullish sentiment in both the short and long term, supported by its 50-day and 200-day simple moving averages, which stand at $2.43 and $1.82, respectively. Featured image via Shutterstock The post XRP flashes major sell-off signal; Is crash below $3 next? appeared first on Finbold .
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Metamask supports the Solana blockchain natively and now allows users to purchase SOL directly within its wallet using Transak’s payment infrastructure. Direct SOL Purchases Go Live in Metamask Wallet Through Transak The integration with Transak, effective July 22, follows Metamask‘s first native support for a blockchain operating outside the Ethereum Virtual Machine (EVM). Users can
PENGU Coin's rally excites investors, indicating further price peaks. W Coin, previously unnoticed, shows potential for impressive market gains. Continue Reading: Watch PENGU Coin and W Coin Soar as Bitcoin Gains New Heights The post Watch PENGU Coin and W Coin Soar as Bitcoin Gains New Heights appeared first on COINTURK NEWS .
Strategy (previously MicroStrategy), the world’s largest corporate holder of Bitcoin (BTC), announced on Monday that it had acquired an additional 6,220 BTC during the week spanning July 14 to July 20. This latest purchase brings the company’s total Bitcoin holdings to an impressive 607,770 tokens, acquired at an aggregate cost of approximately $43.61 billion, averaging $71,756 per Bitcoin. Strategy Stock Slumps Despite GENIUS Act Approval This announcement coincided with a breakthrough in the regulatory landscape for cryptocurrencies, as the GENIUS Act successfully cleared the House and received final approval from President Donald Trump on Friday. The new stablecoin legislation establishes federal guidelines for stablecoins. The passage of the GENIUS Act has provided a boost to cryptocurrency exchanges like Coinbase Global (COIN) and Robinhood Markets (HOOD), which saw their stock prices rise by 2.2% and 4.1%, respectively, following the news. Related Reading: Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge Despite the favorable regulatory environment, Strategy’s stock did not experience a similar surge. Instead, it fell by 7.2% over the course of Thursday and Friday, marking the company’s worst two-day performance since late May. This decline mirrored the overall dip in Bitcoin prices, which had recently retreated toward the $117,000 zone from record highs above $123,000 earlier in the past week. Saylor Defends Bitcoin Strategy Reports note that the stock’s performance may have been impacted by a bearish research note from Gus Gala, an analyst at Monness, Crespi, Hardt, who reiterated a Sell rating on Strategy shares with a target price of $200. Notably, Gala is the only analyst among 17 surveyed by FactSet to rate the Strategy’s stock as a Sell, which could contribute to investor caution. Amid these fluctuations, Strategy’s Chairman Michael Saylor remains a vocal advocate for the company’s Bitcoin strategy. In a recent post on social media site X (formerly Twitter), he encouraged followers to “Stay Humble. Stack Sats,” referring to Satoshis, the smallest unit of Bitcoin, emphasizing a long-term commitment to accumulating the cryptocurrency. Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High As the market continues to adapt to shifting regulations, crypto supporters are eagerly awaiting the next legislative development: the CLARITY Act. This bill, which passed the House with a vote of 294-134, aims to create a clearer regulatory framework for digital assets by distinguishing between securities and commodities and delineating oversight responsibilities among various federal agencies. When writing, the market’s leading cryptocurrency trades at $117,500, recording a 14% price surge in the monthly time frame, and nearly 74% year-to-date. With the recent price correction, the Bitcoin price is now 4% below its current all-time high achieved during last week’s rally. Featured image from DALL-E, chart from TradingView.com
Pump.fun token's price has now fallen below the ICO level.
The Layer-1 (L1) blockchain, which powers internet capital markets, payments, and crypto applications, is at the center of a collaboration between industry giants. The “everything wallet” teams up with a leading payments framework provider. Extending The Reach Into Web3 In a press release shared with CryptoPotato, the non-custodial wallet MetaMask has partnered with Transak, one of the largest payments infrastructure providers, by introducing native support for Solana, marking the first integration outside of the Ethereum Virtual Machine (EVM). Transak will provide the infrastructure for the fiat-to-SOL highway. From today, MetaMask users will be able to buy Solana tokens directly from the app, using their country’s fiat currency via credit/debit cards, Apple Pay, Google Pay, bank transfers, and other payment methods. There will be no need for bridges, complicated exchanges, or a steep learning curve – just a few clicks will be all that it takes to enter the Solana ecosystem. “This is a significant milestone for MetaMask and a natural extension of our mission to make crypto more accessible,” said Lorenzo Santos, Senior Product Manager at MetaMask. “Solana has become a core part of the Web3 conversation, and with Transak, our users can now effortlessly purchase SOL using their local currencies, simplifying the onboarding experience.” The self-managed wallet has been active for over eight years now and has facilitated millions of transactions globally, serving as a powerful entry point into the products offered by Ethereum. By 2024, MetaMask has expanded to offer on-ramp support to over 10 EVM chains, primarily powered by Transak’s architecture. Solana’s comeback over the past year has been quite notable. At the time of printing, the active monthly addresses on the chain are 69.9 million, whereas at the same time last year, they were 15.8 million, according to data from Token Terminal. This places the network first among other L1 peers such as BNB, NEAR, and even Ethereum. Its native token, SOL, is also ranked fifth by market capitalization, with a value of over $106 billion, according to the latest data from CoinMarketCap. Long-Standing Partners This is not the first time MetaMask and Transak have joined forces. The duo has collaborated since 2021, when the latter was the wallet’s first fiat on-ramp provider. With Solana now in the mix, easy access is no longer the only mainstay. Fragmented ecosystems are now unified into a single, decentralized application (DApp), thereby minimizing technical challenges and complexities. The team behind MetaMask is not stopping here, as plans for Bitcoin support have already been confirmed. The CEO of Transak, Sami Start, had the following to say: “This is what Web3 was always meant to be – open, accessible, and chain-agnostic. “We’re proud to be building the infrastructure that brings this vision to life, starting with MetaMask and Solana.” The post MetaMask Expands to Solana Network Through Transak Partnership appeared first on CryptoPotato .
Road Town, British Virgin Islands, July 22nd, 2025, Chainwire STON.fi , the leading swap dApp and foundational DeFi protocol suite on The Open Network (TON), powers swaps in one of the TON’s largest wallets — TON Wallet — now available to users in the United States. This milestone brings a streamlined, self-custodial crypto experience to nearly 87 million U.S. Telegram users, marking a major leap in accessibility for decentralized finance in the U.S. market. With this pioneering in the United States, U.S. users now have multiple seamless ways to access STON.fi swaps — whether directly through TON Wallet, or via the STON.fi dApp. The Telegram-native integration removes friction, making self-custodial DeFi as intuitive as opening a chat. "This integration represents a significant step toward mainstream cryptocurrency adoption," said Slavik Baranov, CEO of STON.fi Dev. "By bringing swapping services directly into one of the most widely adopted TON wallets, we’re removing the traditional friction points that have long kept everyday users from accessing decentralized finance. Now, anyone can use crypto as easily as sending a message." STON.fi’s presence inside TON Wallet is powered by the decentralized liquidity aggregator — Omniston . By routing through multiple liquidity sources, the protocol ensures users receive optimal swap rates without the complexity traditionally associated with DeFi. Omniston simplifies both liquidity access and distribution for developers, applications, and liquidity providers, ensuring end users receive the best available rates — all through a unified integration. STON.fi’s dominance in the TON ecosystem further validates the significance of this rollout. The platform is the number one DeFi protocol on TON by unique active wallets, accounting for ~80% of traders on the network. With more than $6 billion in total volume, 5.5 million users, and 27 million operations since launch, STON.fi is leading the way toward broader DeFi adoption. STON.fi’s expansion into the United States marks a strategic milestone in its mission to make decentralized finance universally accessible. As STON.fi’s cross-chain functionality approaches, this launch positions the protocol — and its growing global user base — at the forefront of the next wave of interoperable DeFi. About STON.fi STON.fi is the leading swap dApp and a suite of swap-enabling protocols on TON Blockchain, recognized for its high token variety, deep liquidity, dominance in total value locked (TVL) and trading volume. With over $6 billion in total trading volume and more than 27 million operations, it has become the backbone of TON’s DeFi ecosystem. STON.fi integrates with TON wallets, supports all TON-based tokens, and enables token swaps, liquidity provision, staking, and yield farming. STON.fi continues to advance DeFi through community governance, open development, and ongoing innovation. Central to this effort is Omniston — a decentralized liquidity aggregation protocol that powers swaps in leading TON-based wallets and will enable cross-chain swaps across multiple blockchains without the need for bridges or wrapped assets. ContactPR LeadEkaterinaSTON.fipress@ston.fi 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.
BitcoinWorld U.S. Stock Markets Ignite: Unpacking Today’s Positive Open For many seasoned investors and curious newcomers alike, the opening bell of the U.S. stock markets often sets the tone for the entire financial day. Today, that tone was decidedly optimistic, with major indices showing early gains. While our primary focus at BitcoinWorld often revolves around the dynamic world of digital assets, understanding the pulse of traditional markets, particularly the U.S. stock markets , is crucial. Their movements frequently ripple across the broader financial landscape, impacting everything from investor sentiment to capital flows, which can indirectly influence the cryptocurrency market. U.S. Stock Markets Ignite: A Promising Start to the Trading Day The trading day commenced with a palpable sense of optimism across the board for U.S. stock markets . Investors watched as the major indices registered positive movements right from the outset, signaling a potentially strong session ahead. This initial uplift often reflects pre-market sentiment, driven by overnight news, corporate announcements, or economic data releases. Index Opening Performance S&P500 +0.09% NASDAQ +0.03% Dow +0.07% These early gains, though seemingly modest, represent a collective vote of confidence from market participants. The S&P500, a benchmark for large-cap U.S. equities, saw a fractional rise, indicating broad market strength. The tech-heavy NASDAQ also edged higher, suggesting continued interest in growth stocks. Meanwhile, the Dow Jones Industrial Average, representing 30 significant U.S. companies, contributed to the positive momentum. Such an opening for the U.S. stock markets can set a bullish tone, encouraging further buying throughout the day and potentially attracting more capital into the market. Why Are U.S. Stock Markets Seeing This Positive Momentum? Understanding the forces behind market movements is key to interpreting their implications. Today’s positive opening in the U.S. stock markets likely stems from a confluence of factors, each contributing to an environment of cautious optimism. Favorable Economic Data: Recent economic indicators, such as unemployment figures, manufacturing output, or consumer confidence surveys, might have exceeded expectations, suggesting a resilient economy. Positive economic news often fuels investor confidence, leading to increased buying activity. Strong Corporate Earnings: If companies have been reporting stronger-than-expected earnings, it provides a fundamental basis for stock appreciation. Robust corporate performance signals healthy business operations and future growth potential, making their stocks more attractive. Easing Inflationary Pressures: Any signs that inflation is cooling or that central banks might adopt a less aggressive stance on interest rate hikes can significantly boost market sentiment. Lower inflation typically means higher corporate profits and more disposable income for consumers. Positive Investor Sentiment: Sometimes, market movements are driven by collective psychology. A general sense of optimism, perhaps fueled by geopolitical stability or positive news cycles, can create a self-fulfilling prophecy of rising prices. When sentiment is positive, investors are more willing to take on risk. Technical Factors: Beyond fundamentals, technical analysis often plays a role. Breaking through key resistance levels or forming bullish chart patterns can trigger algorithmic trading and attract more buyers, further propelling the U.S. stock markets upwards. The Interplay: How U.S. Stock Markets Influence Crypto For our readers deeply entrenched in the digital asset space, the immediate question often is: ‘How does this affect Bitcoin and altcoins?’ The relationship between traditional finance, particularly the U.S. stock markets , and the cryptocurrency market is complex and constantly evolving. Historically, especially during periods of high volatility or uncertainty, Bitcoin has often correlated with tech stocks, particularly the NASDAQ. Here’s why this connection is relevant: Risk-On/Risk-Off Sentiment: When traditional markets like the U.S. stock markets show strength and investor confidence is high (a ‘risk-on’ environment), investors are generally more willing to allocate capital to higher-risk assets, including cryptocurrencies. Conversely, a downturn in stocks can lead to a ‘risk-off’ sentiment, where investors pull back from riskier assets, potentially impacting crypto prices. Liquidity Flow: A buoyant stock market can free up capital for investors who might then diversify into other asset classes, including crypto. Conversely, if investors need to cover losses or meet margin calls in traditional markets, they might liquidate crypto holdings. Institutional Adoption: As more institutional investors enter the crypto space, their investment decisions are often influenced by their broader portfolio performance and risk management strategies, which are heavily tied to traditional markets like the U.S. stock markets . A healthy stock market environment can make them more comfortable with crypto allocations. Macroeconomic Indicators: The same macroeconomic factors (inflation, interest rates, GDP growth) that influence U.S. stock markets also affect cryptocurrencies. A positive outlook on the economy, signaled by rising stock prices, can be beneficial for crypto as well. While crypto aims to be a decentralized alternative, it currently operates within a global financial ecosystem where traditional markets still hold significant sway. Therefore, monitoring the U.S. stock markets provides valuable context for understanding broader market sentiment. What Challenges Could Lie Ahead for U.S. Stock Markets? Despite today’s positive start, the financial landscape is rarely without its potential pitfalls. Investors in U.S. stock markets should remain vigilant about several factors that could introduce volatility or dampen future gains. Key challenges include: Persistent Inflation: If inflation proves more stubborn than anticipated, central banks might be forced to continue aggressive monetary tightening, which can weigh heavily on corporate earnings and consumer spending, ultimately impacting stock valuations. Interest Rate Hikes: Higher interest rates increase borrowing costs for businesses and consumers, potentially slowing economic growth and making fixed-income investments more attractive relative to stocks. Geopolitical Tensions: Unforeseen global events, conflicts, or trade disputes can rapidly shift market sentiment from positive to negative, leading to sell-offs in the U.S. stock markets and beyond. Recession Fears: While economic data might currently be positive, the specter of a potential recession, even a mild one, can cause investors to become more cautious, leading to profit-taking and market corrections. Corporate Earnings Season: While current earnings might be strong, future guidance from companies can often be conservative, leading to a reassessment of valuations even if past performance was good. Navigating these potential headwinds requires a well-thought-out strategy and a commitment to staying informed. Navigating the Future: Actionable Insights for Investors in U.S. Stock Markets and Beyond For those looking to make informed decisions, whether in traditional equities or digital assets, a few core principles apply, especially when observing movements in the U.S. stock markets . Consider these actionable insights: Diversification is Key: Don’t put all your eggs in one basket. A diversified portfolio, spanning different asset classes (stocks, bonds, real estate, and yes, even crypto) can help mitigate risk during market downturns. Even within U.S. stock markets , diversify across sectors and company sizes. Stay Informed, Not Overwhelmed: Keep abreast of economic news, corporate reports, and central bank policies, as these directly influence the U.S. stock markets . However, avoid constant, minute-by-minute tracking, which can lead to emotional decisions. Long-Term Perspective: Short-term market fluctuations are normal. A higher opening for U.S. stock markets is a snapshot. Focus on your long-term financial goals and investment strategy rather than reacting to every daily swing. Understand Your Risk Tolerance: Before making any investment, whether in the U.S. stock markets or volatile cryptocurrencies, assess your comfort level with potential losses. This will guide your asset allocation decisions. Consider Dollar-Cost Averaging: For both stocks and crypto, investing a fixed amount regularly, regardless of market highs or lows, can average out your purchase price over time and reduce the impact of volatility. Bridge the Gap: Recognize that while crypto operates on its own blockchain rails, it is not entirely isolated. Trends in the U.S. stock markets can offer valuable clues about overall market sentiment and liquidity, which are critical for digital assets. Today’s positive opening for the U.S. stock markets , with the S&P500, NASDAQ, and Dow all in the green, signals a robust start to the trading day and reflects a generally optimistic investor sentiment. While these initial gains are encouraging, it’s essential to remember that markets are dynamic and subject to ongoing influences. For cryptocurrency enthusiasts, this traditional market uplift offers a valuable lens through which to view broader financial health and risk appetite. By understanding the intricate connections and potential headwinds, investors can navigate both the U.S. stock markets and the crypto landscape with greater foresight and strategic intent, aiming for long-term success. Frequently Asked Questions (FAQs) Q1: What does it mean when U.S. stock markets open higher? A1: When U.S. stock markets open higher, it indicates that the collective sentiment of investors is positive, leading to more buying activity at the start of the trading day. This optimism can be driven by favorable economic news, strong corporate earnings, or an overall ‘risk-on’ environment. Q2: How do U.S. stock markets influence cryptocurrency prices? A2: While distinct, U.S. stock markets and crypto markets often show correlation, especially during periods of significant macroeconomic shifts. A strong stock market can signal a ‘risk-on’ environment, encouraging investors to allocate capital to riskier assets like crypto. Conversely, stock market downturns can lead to a ‘risk-off’ sentiment, potentially impacting crypto negatively due to liquidity concerns or broader investor caution. Q3: What are the S&P500, NASDAQ, and Dow? A3: These are major indices tracking the performance of U.S. stock markets . The S&P500 represents 500 large U.S. companies and is a broad market benchmark. The NASDAQ is heavily weighted towards technology and growth companies. The Dow Jones Industrial Average tracks 30 significant U.S. companies and is often seen as an indicator of the health of the industrial sector. Q4: Should I invest in stocks or crypto when U.S. stock markets are up? A4: A rising stock market doesn’t automatically dictate investment choices. Your decision should align with your personal financial goals, risk tolerance, and investment horizon. It’s often advisable to diversify your portfolio across various asset classes, including both traditional investments like U.S. stock markets and digital assets, after thorough research. Q5: What factors typically drive U.S. stock market performance? A5: U.S. stock markets are influenced by a multitude of factors, including economic data (e.g., GDP, inflation, employment), corporate earnings reports, interest rate policies from the Federal Reserve, investor sentiment, geopolitical events, and technological advancements. A combination of these elements shapes daily and long-term market trends. If you found this analysis insightful, consider sharing it with your network! Help us spread valuable market insights by sharing this article on your social media platforms. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post U.S. Stock Markets Ignite: Unpacking Today’s Positive Open first appeared on BitcoinWorld and is written by Editorial Team
Maestro, the tailor-made enterprise-grade infrastructure provider for Bitcoin , joins ICP, the fully decentralized web3 cloud platform, to augment some of BTC’s protocols. The rapidly maturing BTCFi movement has grown from speculative to institutional-grade, multi-chain DeFi infrastructure. Bitcoin-Native Ordinals And Runes Advance According to a press release shared with CryptoPotato, Maestro has been awarded a grant from the DFINITY Foundation to develop an enterprise-grade BTC metaprotocol indexer for the Internet Computer Protocol (ICP). The collab brings a high-throughput ICP canister, which will provide real-time Ordinals and Runes data within Bitcoin’s integration. Ordinals is a method of inscribing data onto individual satoshis, the smallest unit of Bitcoin . Runes, on the other hand, are a type of fungible token deployed on the leading asset’s network. Since its release in 2023, the integration of ICP and BTC has become a benchmark smart contract platform, leveraging Chain Fusion technology. By powering some prominent BTCFi applications such as Liquidium, Omnity, and Odin.fun, Maestro’s inclusion will further bolster these capabilities by strengthening infrastructure for Ordinals and Runes-based apps. Liquidium, the largest lending protocol built on the largest blockchain network, will first utilize the new indexer. Maestro will power the protocol’s upcoming instant cross-chain loans product, which will enable users to lock BTC on the Bitcoin Layer 1 and simultaneously borrow USDT on Ethereum without requiring bridges or token wrapping. The Maestro Indexer offers validation of assets native to Bitcoin, directly within ICP canisters. The system is designed to be reliable, featuring mempool awareness for quick responses and defense against blockchain reorganizations, ensuring the performance and secure data delivery. Big Development for Maestro Maestro’s infrastructure is already being utilized by over 1,000 developers and embedded in more than 200 applications, and will now extend to the ICP ecosystem. The indexer will be open-source, allowing software developers to tap into a powerful tool for creating BTC-native apps ranging from DeFi to gaming. “Maestro’s native indexer adds a valuable piece of infrastructure for the growing Bitcoin DeFi ecosystem on the Internet Computer,” noted Lomesh Dutta, VP of Growth at the DFINITY Foundation. “Now we’re able to provide developers with direct, trustless access to Ordinals and Runes data to enable further the massive wave of innovation that relies on Chain Fusion’s unique ability to interact with Bitcoin without bridges or intermediaries.” The CEO and Co-Founder of Maestro, Marvin Bertin, celebrated the partnership: “I’m thrilled to collaborate with the DFINITY Foundation to extend ICP’s Bitcoin integration with secure Runes and Ordinals indexing necessary for financial apps like Liquidium and Odin.fun. This partnership further strengthens ICP’s lead in the Bitcoin DeFi ecosystem and unlocks new functionality for users.” BTCFi is an emerging field with many approaches, designed to enhance the asset’s smart contract capabilities. As these contracts were not the original intention, such integrations as this alliance can potentially catalyze further adoption and use cases. The total value locked (TVL) in DeFi protocols on Bitcoin has experienced significant growth, surging from just over $300 million at the start of last year to a whopping $7 billion at the time of printing, according to data from DefiLlama. The post Bitcoin DeFi Empowered By Maestro And ICP Partnership appeared first on CryptoPotato .