Bitcoin’s recent surge to an unprecedented $117,000 has reignited debates about the cryptocurrency’s viability, with prominent critic Peter Schiff urging investors to reconsider their positions. Schiff, a staunch advocate for
On July 11, the USD1 1M incentive initiative, collaboratively organized by World Liberty Financial (WLFI), BNB Chain, PancakeSwap, and BUILDon, revealed its official outcomes. Lorenzo emerged as the distinguished winner
Stablecoin infrastructure firm Agora has raised $50 million in a Series A round led by Paradigm with participation from Dragonfly Capital. According to a July 10 announcement , the funding will support expansion of Agora’s AUSD ecosystem and the rollout of a white-label product that lets companies launch their own stablecoins in days. The platform is live across 13 blockchains, including Ethereum ( ETH ), Solana ( SOL ), and Arbitrum ( ARB ). It powers billions in cumulative stablecoin volume and serves over 50,000 monthly active addresses. AUSD, Agora’s flagship stablecoin, is pegged to the U.S. dollar and backed by cash, short-term U.S. Treasuries, and repurchase agreements. While its current market cap sits around $130 million, the company believes demand for stablecoin infrastructure is only just beginning. We are thrilled to announce that Agora has raised a $50 million Series A round, led by @paradigm and with additional participation from @dragonfly_xyz . This milestone enables us to accelerate the development of Agora’s full-stack platform for stablecoin infrastructure,… pic.twitter.com/AtC4po2iSN — Agora (@withAUSD) July 10, 2025 You might also like: Monad acquires Portal Labs to expand stablecoin payment capabilities Alongside the fundraise, Agora announced the formal launch of its white-label stablecoin product. The turnkey solution offers partners full-stack services such as regulatory compliance, liquidity management, CEX and DEX integrations, minting infrastructure, and local foreign exchange on/off ramps. Minting using USD Coin ( USDC ) or Tether ( USDT ) is fee-free, and partners can share in the yield generated from reserve assets. Agora says the new product is meant to simplify what has been a complex and slow process for most companies. It will make it easier for fintechs, exchanges, and platforms to issue stablecoins without having to navigate banking relationships, liquidity sourcing, or infrastructure buildout. Clients already using Agora’s platform include VanEck, Flowdesk, Conduit, and Plume. Galaxy recently settled an over-the-counter trade using AUSD, marking a step toward broader adoption in institutional finance. The announcement comes amid growing global interest in stablecoin adoption , fueled by new regulatory clarity. Agora holds money transmitter licenses in the U.S. and is expanding its services abroad. Read more: Japan’s Minna Bank teams up with Fireblocks and Solana Japan to explore stablecoins
The post XRP Price Prediction as Bitcoin Hits New All-Time High appeared first on Coinpedia Fintech News XRP looks bullish right now . In the last seven days, the token has surged by 15.7%, with a 7% gain in the past 24 hours alone, pushing its price to $2.59. This upward momentum is turning heads across the crypto market, with analysts now hinting that $3 could be the next major target. CasiTrades, a well-known crypto analyst, shared a post on X noting that XRP is defying short-term bearish indicators and may be gearing up for a significant breakout. His analysis points to a larger move building under the surface despite bearish signals flashing on short-term timeframes. XRP Market Overview: Strong Momentum in Q3 2025 So far, 2025 has been an eventful year for XRP. In Q1, the price saw only a minor gain of 0.45%. Q2 showed stronger momentum with a 7.12% increase. But it’s Q3 where XRP has truly come alive—so far, the token has jumped 15.7%, with most of the rally coming after July 8. At the start of this month, XRP traded at $2.17. For the first week of July, it remained within a narrow range of $2.17 to $2.27. However, since July 8, the price has climbed steeply, gaining over 14%. In the last hour alone, XRP added another 1%, confirming strong short-term momentum. XRP Breaks Out: Analyst Sees Little Resistance Ahead According to CasiTrades, XRP has ignored signs of market exhaustion typically found on the 1-hour chart, indicating that a much larger move could be forming. He explains that XRP’s ability to push higher, despite bearish technical signals, is a sign of strength. Currently trading at $2.59, XRP is just 4% below the next key resistance level at $2.69. CasiTrades highlights that there is very little resistance between these levels, suggesting the token could reach $2.69 quickly if the bullish momentum continues. What’s the Ideal Entry Point for XRP? While the breakout is exciting, CasiTrades advises caution when chasing pumps. He recommends waiting for a solid pullback, ideally to the $2.45 zone. Historically, XRP has retraced to the 0.236 Fibonacci level after new highs, and this area could offer a low-risk entry. However, once XRP reaches $2.69, there are two likely outcomes. The price could either retrace to $2.45 or break above resistance and rally toward $3 or beyond. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Why Bitcoin, Ethereum, XRP Prices are Up Today (11th July, 2025) , XRP Bull Run Ahead From a technical standpoint, XRP is showing strong momentum. The Relative Strength Index (RSI) currently stands at 74.12, indicating the token is overbought. But XRP continues to trade above all its major moving averages, including the 50-day ($2.22), 100-day ($2.21), and 200-day ($2.36) lines. Despite the rally, volatility remains relatively low with an Average True Range (ATR) of 0.1021. This means the price action is steady and trending, rather than erratic, often a good sign in the early stages of a longer move. Conclusion XRP is clearly in breakout mode, outperforming much of the crypto market this month. With strong technicals, growing momentum, and minimal resistance ahead, all eyes are on the $2.69 level. If XRP clears that barrier, the road to $3 may come faster than expected. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. .subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News var templateIds = "6"; var listOfSubscribed = []; function subscribed_popupmodal(template_id) { var templateId = '6'; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById('subscribe-modal-design'); if (subcribemodal) { var modalContent = ` Never Miss a Beat in the Crypto World! Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions. Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id); var li = document.getElementById(subscription + 'Selected_' + template_id); if (subscriptionCheckbox.checked) { li.classList.add('active'); } else { li.classList.remove('active'); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById('subscribe_' + id); var unsubscribeButton = document.getElementById('unsubscribe_' + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = 'none'; unsubscribeButton.style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } }); } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = parent.document.getElementById('unsubscribe_' + getcategoryId); var elementTosubscribe = parent.document.getElementById('subscribe_' + getcategoryId); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { parent.jQuery('.skeliton-loader-block').hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { parent.document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('monthly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { parent.document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('weekly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: '62ac0d041d', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } });
The CEO of Elon Musk’s social media platform quietly stepped down on Wednesday after a little more than two years at the helm. Elon Musk’s X Left Leaderless After Linda Yaccarino Departs It’s been a rough five-week stretch for Elon Musk. U.S. President Donald Trump “dumped” him after their bromance went sour last month, Tesla’s
Crypto whales and sharp-eyed retail investors are buzzing about Mutuum Finance (MUTM) , the new DeFi token that’s rapidly gaining traction and could be this summer’s breakout star. Phase 5 Mutuum Finance presale recently surpassed 65% sold out at $0.03. This is the cheapest the token will be, with later stages set to feature higher prices. The presale has raised more than $12 million and onboarded more than 13,000 unique holders. With July heating up and altcoin momentum building, some are calling MUTM the top token to watch before the month ends, possibly mirroring the early rallies of Ethereum (ETH). Mutuum Finance Skyrockets in Presale Phase 5 Mutuum Finance is gaining traction during Phase 5 of the presale. The project stands out from other projects since it does not rely on hype but has actual use case in real life. Investor interest is growing with the project already going past more than $12 million and having over 13,000 token holders. Mutuum Finance features a non-custodial liquidity protocol which allows users to maintain their full ownership of assets. The project involves a double-model strategy that involves the use of Peer-to-Contract and Peer-to-Peer lending to ensure greater flexibility as well as efficiency. Peer-to-Contract system uses smart contracts to provide automatic lending with no human involvement and instead the smart contracts respond to the market by offering variable interest rates. Through the application of this auto mechanism, the borrowers’ and lenders’ world gets stabilized and made predictable. Peer-to-Peer model lacks middlemen and thus a direct relationship between borrowers and lenders is offered. Mutuum Finance’s USD-Pegged Stablecoin Mutuum Finance is developing a fully collateralized USD-pegged stablecoin on the Ethereum blockchain. The stablecoin would be market-volatility-resistant and depeg risk-resistant algorithmic stablecoins. Leading blockchain security company, CertiK, has also audited the project’s smart contracts. In addition to putting investors at ease about the code base’s integrity and transparency, the conducted audit shows that the project believes in building a secure DeFi protocol. To make this guarantee tangible, the project has launched a $50,000 Bug Bounty Program in collaboration with CertiK. The bounty runs on four levels of vulnerabilities, that is, critical, major, minor and low. Incentives as Community Grows Mutuum Finance (MUTM) will offer a $100,000 giveaway , as a token of appreciation to the early supporters and in commemoration of the presale hype. Ten winners like these will receive $10,000 worth of MUTM tokens as a reward for being part of the early supporters of the project. With growing community at an exponential rate, the early supporters are rewarded, not only with the potential future gains, but with real, live rewards. With its unique leaderboard system the top 50 Mutuum Finance holders are rewarded. Holders who maintain top 50 rank will receive rewards in bonus tokens. While many altcoins chase hype, Mutuum Finance (MUTM) is gaining serious traction by delivering real-world DeFi utility, quickly becoming one of the top tokens to watch this summer. With over $12 million raised, 13,000+ holders, and Phase 5 of the presale now 65% sold out at just $0.03, time is running out to buy in before the next price jump. Backed by CertiK-audited smart contracts, a $50,000 Bug Bounty, and a powerful Peer-to-Contract and Peer-to-Peer lending model, MUTM is drawing comparisons to early-stage Ethereum. Coupled with a fully collateralized USD stablecoin, a $100,000 giveaway, and real incentives for top holders it’s clear Mutuum Finance may be the breakout DeFi project of 2025. Secure your presale spot now before prices rise. For more information about Mutuum Finance (MUTM) visit the links below Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Upbit, a leading digital asset exchange based in South Korea, announced that it will offer trading support for the Ethena (ENA) token in KRW, BTC, and USDT pairs starting July 11, 2025. Upbit Announces Support for KRW, BTC, and USDT Trading Pairs for Ethena (ENA) Under the new listing, the ENA token will only be supported by deposits and withdrawals via the Ethereum network. Transactions made via other networks will be invalidated, and refunds may take longer. Following the listing, ENA rose more than 20% to trade at $0.35. Transaction Support Details Supported Pairs: KRW, BTC, USDT Network: Ethereum (only ENA-Ethereum network is supported) Transaction Start Time: July 11, 2025, 17:00 Deposit & Withdrawal Opening: Within 2 hours from the announcement time Contract Address: 0x57e114B691Db790C35207b2e685D4A43181e6061 Transaction Restrictions Buy orders will be restricted during the first 5 minutes. In the first 5 minutes, sell orders will not be entered at a price 10% below the previous closing price. For the first 2 hours, only limit orders will be available. What is ENA (Ethena)? Ethena is a decentralized finance (DeFi) protocol based on a collateral pool of volatile crypto assets and stablecoins operating with a delta-neutral strategy. The ENA token is used for platform governance participation, staking, rewards, liquidity incentives, and ecosystem development. Upbit also stated that it may change the trading start time if sufficient liquidity is not provided. *This is not investment advice. Continue Reading: Bitcoin Exchange Upbit Announces Listing of This Altcoin! Price Makes a Sudden Jump! Here Are the Details
Mars Finance News reports that a prominent BTC whale, known for consistently shorting Bitcoin, recently injected an additional 3 million USDC as margin collateral, according to on-chain analyst @ai_9684xtpa. This
NRW.BANK has pioneered a €100 million digital bond issuance on the Polygon blockchain, marking a significant advancement in blockchain adoption within regulated European capital markets. This fully digital bond, compliant
Bitcoin reached a new all-time high of $118,399 early on July 11 during Asian trading hours, marking another major milestone in the ongoing bull market. Yet, unlike past euphoric peaks, this breakout appears fundamentally calmer and more structurally sound. In a June 11 analysis , CryptoQuant contributor Avocado Onchain noted that several important indicators point to the market not being overheated. The MVRV ratio, which compares Bitcoin’s ( BTC ) market value to its realized value, currently stands at 2.2. That’s well below the overheated levels of 2.7 seen during the March and December 2024 highs, pointing to relatively moderate speculation. There’s also been a noticeable shift in investor behavior. During earlier bull market tops, short-term holders, wallets that held BTC for less than a month, made up around 30% of the market. Today, that number has dropped to 15%. Fewer short-term players often means less volatility and a lower risk of sudden selloffs. Similar conclusions can be drawn from other indicators. There appears to be little sell pressure based on the lack of a significant spike in the Short-Term Holder SOPR, which measures profit-taking among recent buyers. You might also like: Here’s why Bitcoin hit an all-time high and can run to $120k Meanwhile, miners, often early sellers during market tops, are staying relatively quiet. The Miner Position Index has been drifting lower, and some mining firms appear to be accumulating rather than selling. Retail investors are also missing from the picture, according to another CryptoQuant analysis . Their “Spot Retail Activity Through Trading Frequency Surge” metric remains in the gray zone, a signal that retail traders have yet to re-enter the market. Retail frenzy has historically been associated with late-stage bull market peaks. Given that institutions and exchange-traded funds are still driving the trend, the current absence might indicate that the top is still a long way off. Looking ahead, short-term support levels may offer clues about where the market heads next. The $106,500 and $101,200 zones, which represent the average cost basis for holders who purchased Bitcoin in the previous one to three months, are being watched by analysts. The upward trend may continue if Bitcoin maintains its position above those levels. A drop below could trigger short-term selling but might also bring in new buyers. Overall, this rally appears to be more sustainable than previous ones. Bitcoin may have more room to rise without the chaos that frequently occurs near the top, as long as there is steady institutional interest, calm on-chain signals, and retail still largely on the sidelines. Read more: Bitcoin price analysis after hitting new all-time high: further gains or return to range lows?