Economist Timothy Peterson said that if Bitcoin hadn’t reclaimed its all-time high, the market might have had to wait until October for the next opportunity.
Ethereum price started a fresh increase above the $2,720 zone. ETH is now consolidating gains and might aim for a fresh move above $2,800. Ethereum started a fresh increase above the $2,650 level. The price is trading above $2,720 and the 100-hourly Simple Moving Average. There is a key parabolic curve forming with support at $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,720 zone in the near term. Ethereum Price Rallies Above $2,700 Ethereum price started a fresh increase above the $2,650 zone, beating Bitcoin . ETH price gained pace for a move above the $2,720 resistance zone and entered a positive zone. The price even tested the $2,800 resistance. A high was formed at $2,795 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $2,516 swing low to the $2,795 high. Ethereum price is now trading above $2,720 and the 100-hourly Simple Moving Average . Besides, there is a key parabolic curve forming with support at $2,750 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,800 level. The next key resistance is near the $2,840 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,910 resistance. An upside break above the $2,910 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,980 resistance zone or even $3,000 in the near term. Are Downsides Supported In ETH? If Ethereum fails to clear the $2,800 resistance, it could start a fresh decline. Initial support on the downside is near the $2,750 level. The first major support sits near the $2,720 zone. A clear move below the $2,720 support might push the price toward the $2,650 support or the 50% Fib retracement level of the upward move from the $2,516 swing low to the $2,795 high. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,720 Major Resistance Level – $2,800
Ethereum’s recent Wyckoff Spring near $2,145.0 signals a pivotal bullish reversal, setting the stage for a potential breakout toward $4,085.4 and beyond. Following a rejection at $2,800, Ethereum successfully completed
Tether, the company behind the USDT stablecoin, has moved roughly 80 tons of gold —about $8 billion worth—into its own vault in Switzerland. According to a report , CEO Paolo Ardoino says this private vault is “the most secure in the world.” He added that gold “should logically be a safer asset than any national currency.” This step follows Tether’s earlier move to hold 7.7 tons of gold, bringing its total to around 80 tons since its March report. Tether’s Swiss Vault Move Tether set up its own vault to cut the high fees that outside operators charge, reports disclosed. Ardoino noted that if Tether Gold token grows to $100 billion in circulation, paying 50 basis points in custody fees would be a lot of money. Tether is storing 80 metric tons of gold in Switzerland… and refusing to comply with EU regulations. Coincidence, or calculated strategy? As the MiCA regulation takes effect across the EU, one thing’s certain: @Tether_to isn’t playing by Europe’s rules Tether has… pic.twitter.com/wChVJsQv93 — GRM (@GRM_Web3) July 8, 2025 Running a single facility can bring down overhead, he said, and make it easier to add more gold in future. It also gives the company a headline‑grabbing way to show tangible backing for part of its stablecoin reserves. Beyond Precious Metals Tether’s holdings go beyond gold . According to the firm’s Q1 2025 report, it had almost $100 billion in US Treasury bonds. Total reserves vary depending on which figure is used—$112 billion as of March attestation or nearly $160 billion based on USDT’s market cap last month. Either way, gold makes up under 5% of the total backing claimed for USDT. Gold Makes Up Small Share Market data shows USDT reached close to a $160 billion market cap and accounts for 62% of the $250 billion stablecoin sector. Yet gold is still a minor piece of that puzzle. Precious metals sit alongside fiat and bonds, not in place of them. The move to centralize gold is a sign that Tether wants to diversify its reserve mix. It also mirrors wider trends: central banks, especially in BRICS countries, have been buying gold, and investor flows into gold ETFs have picked up after prices hit multi‑year highs. Tether’s gold reserves now match the precious metals and commodities exposure of major banks, according to a Bloomberg report. That comparison puts the scale of 80 tons into perspective. But it also underscores how small 80 tons is next to the trillions held by governments and large banks. Featured image from Unsplash, chart from TradingView
Crypto markets are filled with opportunity, but not every coin is built for exponential returns. In 2025, analysts are drawing a clear line between established assets like XRP and Ethereum and new, fast-moving contenders like MAGACOIN FINANCE. The verdict? While XRP and ETH may offer steady gains, the chance for a 1,000x return lies elsewhere. Why XRP and Ethereum Are Unlikely to Deliver 1,000x Returns XRP’s Growth Ceiling XRP has regained traction after years of legal uncertainty, thanks to renewed institutional interest and expanding global adoption. Prices have climbed into the $3–$5 range, with some bullish predictions floating the idea of $10 or even $100 in the long run. But there’s a hard limit to how far XRP can go. To achieve a 1,000x from current levels, XRP would need to trade at several thousand dollars per coin—resulting in a market cap of over $50 trillion. That’s more than the combined GDP of every major economy. Analysts widely agree that this kind of price action, while theoretically possible, is mathematically out of reach for an asset with such a large circulating supply. Ethereum Is Too Big to Multiply That Fast Ethereum is still the most dominant altcoin by market cap and remains a foundational layer of the Web3 ecosystem. It powers smart contracts, decentralized finance, and NFTs, making it a cornerstone of the blockchain world. But with a market cap already in the hundreds of billions, the window for 1,000x returns has closed. Early adopters did see massive gains during ETH’s formative years, but today, Ethereum is seen as a blue-chip asset—ideal for long-term stability, not explosive upside. Analysts expect continued growth, but nowhere near the scale that new investors chasing moonshot returns are looking for. MAGACOIN FINANCE: The Newcomer with 1,000x Energy Built for Exponential Growth MAGACOIN FINANCE is still in its early stages and priced well below one cent. It enters the market as a meme-powered altcoin with strong political and cultural resonance—elements that have historically driven some of the most dramatic gains in crypto. Analysts say this kind of low entry price is exactly what gives the token its edge. Unlike XRP or ETH, the math here supports a 1,000x trajectory if momentum continues. Analyst Confidence Is Growing Several analyst reports name MAGACOIN FINANCE as a standout pick for 2025. While conservative models suggest 25x to 50x returns based on current growth, some projections indicate that a 5,000% gain or more could be on the table. These forecasts are built on a mix of strong tokenomics, early-stage momentum, and a community that appears to be expanding rapidly. The token is backed by an audited smart contract and a zero-tax trading model, both of which enhance its credibility. But it’s the grassroots energy and viral marketing strategy that truly set it apart—traits that have fueled past breakouts in the meme coin category. Final Word: The Search for 1,000x Starts Early Most established cryptocurrencies have already had their explosive moment. XRP and Ethereum still hold value, especially for those seeking safer plays. But if the goal is to find the next token capable of 1,000x returns, the spotlight now turns to low-cap, early-stage assets. MAGACOIN FINANCE fits that profile. It’s unburdened by large market caps, rich in narrative appeal, and quickly capturing the attention of retail traders and analysts alike. For those willing to take calculated risks, it may just be the high-upside opportunity they’ve been waiting for. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: XRP and Ethereum Might Miss the 1,000x Train — Analysts Recommend MAGACOIN FINANCE Instead
TRUMP’s outlook grows uncertain as whale moves, rising inflows, and leverage build pressure.
A high-stakes debate over the future of cryptocurrency regulation is playing out in Washington. On Wednesday, the Senate Banking Committee held a hearing that exposed deep partisan divisions on how to regulate the rapidly expanding digital asset market. Republican senators hailed a regulatory structure called “light-touch,” asserting that innovation must be protected and fostered. They stressed that government overreach must be avoided, but recognized the importance of ensuring that a clear and predictable legal framework was established to protect crypto businesses and investors. “Our job is to set clear, light-touch guardrails to protect investors, stop fraud, and allow responsible innovation to flourish,” said Senator Tim Scott, the committee’s Republican chair. He emphasized that the legislation must specify which tokens are securities and commodities — a source of confusion that has long impeded enforcement. The banker also stressed the importance of addressing the threat of illicit finance without smothering innovation. On the opposite end, Democratic senators demanded tighter guardrails and warned that the current proposals are too weak and pockmarked by loopholes. Democrats express concerns about loopholes and conflicts Senator Raphael Warnock of Georgia sharply criticized the bill, saying it fails to address growing conflicts of interest among political leaders and lacks adequate consumer protections. He pointed to recent developments involving President Donald Trump and his family, noting that they have launched or endorsed meme coins and crypto tokens nearing listings on public exchanges. Warnock argued that political favoritism increasingly shapes the marketplace, where well-connected individuals benefit from largely unregulated activity. He added that while some lawmakers push for action on market structure, the current environment hardly reflects a fair or free market. Democratic senators also flagged a provision that allows companies to self-certify as “decentralized” and therefore avoid needing to register with either the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). Critics say this would enable large companies to skirt regulatory oversight by declaring themselves decentralized even if their functioning is anything but. Timothy Massad, a former CFTC Chair who testified at the hearing, commented that the current legislative text would facilitate a dangerous transition of regulated activity from regulated to unregulated venues. “This broad carve-out for decentralized entities is a regulatory black hole,” he added. Massad recommended that legislators draw definitions more tightly and construct a framework encompassing centralized and decentralized systems, but that didn’t offer companies unjust loopholes to slip through. Republicans advance crypto legislation amid disputes Even under the tense stare-down, Republican senators showed no signs of blinking. Sens Cynthia Lummis (R-WY), Sen. Thom Tillis (R-NC), Bill Hagerty (R-TN), and Tim Scott (R-SC) published a joint statement sharing their “market structure principles” for a crypto regulatory framework. These proposals would provide definitions for digital assets, allowing for a clear legal categorization of such assets and apportioning enforcement jurisdiction between the SEC and CFTC. Their method is similar to that of the CLARITY Act, a House-approved bill that advanced through committee in June. That bill proposes to define whether a digital asset is a commodity or a security according to how it is used, not just how it was initially sold — an idea that has drawn heavy support from the industry. Senator Hagerty was confident that there would be bipartisan cooperation down the road. He shrugged off the day’s tensions as routine friction in the legislative process. “I would not be dissuaded by what you just heard in that hearing,” he said, predicting that Democrats who once backed stablecoin legislation would eventually align on broader market structure issues. The House will also soon debate its digital asset legislation. If the two chambers approve compatible versions, the United States could inch closer to having a single, unified national crypto framework — a longtime ambition of digital asset enthusiasts as the technology becomes increasingly mainstream. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
Senate Banking Committee Chairman Tim Scott (R-SC) urged his fellow U.S. lawmakers to advance key crypto market structure legislation during a crucial July 9 hearing. Crypto’s Not Going Anywhere, Tim Scott Says According to a Wednesday press release from the United States Senate Committee on Banking, Housing, and Urban Affairs, Scott praised the chamber’s passage of the GENIUS Act while doubling down on the significance of the hearing to be able to “build on that success.” “Today’s hearing is the first full committee hearing on digital assets,” Scott said. “This is a crucial step toward developing a comprehensive framework that gives innovators the clarity they need and gives investors the protections they deserve.” “Because make no mistake: blockchain technology and digital assets are not going away – they are here to stay,” he added. The question we should ask ourselves is whether the United States will lead in shaping the future of digital finance, or whether we’ll let other countries like Singapore and the UAE set the standards while American jobs and innovation leave our shores.” Elizabeth Warren Delivers Her Own Crypto Priorities List Titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” the hearing largely focused on developing broad crypto market legislation in the United States under a crypto-friendly White House. Heavyweight crypto policy witnesses who testified before the committee included Blockchain Association CEO Summer Mersinger, Ripple CEO Brad Garlinghouse and Chainalysis CEO Jonathan Levin. Senator Elizabeth Warren also unveiled her own crypto market structure priorities during the hearing, stating that the U.S. needs crypto legislation that “will strengthen our financial system, not make it worse.” “I’m concerned that what my Republican colleagues are aiming for is another industry handout that gives the crypto lobby exactly its wish list: The blessing of the government’s approval, combined with crypto rules that are weaker than the rules every other financial actor must follow,” Warren said. The post Digital Assets Are Not Going Away, Senator Tim Scott Says appeared first on Cryptonews .
On July 10, data from OnchainLens revealed a significant transaction involving a whale or institutional investor who liquidated 30,000 stETH, converting it into roughly 85.42 million USDC. Subsequently, the investor
Bitcoin is gaining significant momentum near the $110,500 resistance level, driven by strong accumulation from long-term holders and institutional investors. The concentration of Bitcoin supply held by long-term holders has