The post Bitcoin Price Could Break ATH in 7 Days, Here’s What the Data Reveals appeared first on Coinpedia Fintech News It’s been nearly two months since Bitcoin last tried and failed to break past the $112K mark. Three attempts, and still no new all-time high. But that might be about to change. According to recent on-chain data, Bitcoin could be just days away from setting a new record . CryptoQuant analyst Axel Adler Jr. has spotted a repeating pattern that could explain what’s building beneath the surface, and why a major breakout might be next. Bitcoin’s New High Just Days Away Over the years, Bitcoin has shown an interesting habit. When its price keeps rising during a bull market and there is no big drop, it often hits a new record within about 50 days. According to Axel Adler Jr, it has now been 47 days since Bitcoin last reached its all-time high, and so far there hasn’t been a sharp fall of more than 20%. If this pattern continues, Bitcoin could break its old record very soon. If there is no deep correction (a decline of more than 20%) during a bull market, a new all-time high typically occurs within 50 days. It's now been 47 days since the last ATH, and we haven’t seen any major pullback. History doesn’t have to repeat itself but the numbers don’t… pic.twitter.com/BS1R0lhNdZ — Axel Adler Jr (@AxelAdlerJr) July 9, 2025 Looking back at past bull runs in 2013, 2017, and 2021, the same thing happened. When sellers did not cause big pullbacks, Bitcoin stayed strong and reached new highs in just a few weeks. And the time between each new record has also become shorter over the years, showing how strong buying pressure can push the price up when the market stays calm. Will History Repeat Itself? Axel Adler Jr points out that the same setup is playing out again and data shows the odds are leaning toward a breakout rather than a breakdown. Volatility is calm, no big sell-offs have hit yet, and Bitcoin is holding its ground near its peak levels. . If these calm conditions continue, Bitcoin could easily test new price records within the next 7 days. Weak Dollar is Also Helping Bitcoin Supporting this outlook is another CryptoQuant analyst, Darkfost shared a chart focusing on the U.S. Dollar Index (DXY), and it tells a familiar story. Weak Dollar, Strong Bitcoin: A Time-Tested Correlation “This chart highlights periods where the DXY trades below its 365-day moving average. Looking at historical data, it becomes clear that such periods have been highly favorable to BTC.” – By @Darkfost_Coc pic.twitter.com/viwbcfNhdM — CryptoQuant.com (@cryptoquant_com) July 9, 2025 Whenever the DXY trades below its 365-day average, Bitcoin tends to perform well. Right now, the dollar is weakening again, and based on past data, this environment has always been good for Bitcoin’s price. As of now Bitcoin price is trading around $108,769 , reflecting a slight rise seen in the last 24 hours.
BitcoinWorld Unveiling the Astounding Strategy of an Ethereum Institution’s $85M Profit-Taking Move In the dynamic world of cryptocurrencies, discerning the moves of large players, often dubbed ‘whales’ or ‘smart money,’ can offer invaluable insights into market trends. Recently, a notable Ethereum institution that made headlines for its substantial accumulation of $333.78 million worth of Ethereum (ETH) in mid-June, has begun to offload a portion of its holdings. This strategic divestment has sparked considerable interest, prompting questions about its implications for future ETH price action and the broader market. Decoding the Ethereum Institution’s Strategy: A Masterclass in Digital Asset Management? The institution in question, identified by blockchain analytics firm Spot On Chain, executed a significant purchase of ETH during a period when market sentiment was perhaps less bullish than it is today. Their decision to accumulate such a vast sum in June, a time often characterized by consolidation or cautious optimism, now appears to be a calculated move. This initial accumulation showcased a sophisticated approach to digital asset management , betting on Ethereum’s long-term potential and anticipating future price appreciation. Fast forward to recent hours, and the same entity has initiated sales, signaling a shift in their short-to-medium term strategy. Over a seven-hour window, they sold a significant tranche of ETH. Here’s a breakdown of their initial sale: Asset Sold Quantity Realized Price (USDC) Average Price per ETH Realized Profit (Initial Sale) ETH 33,585 $85.38 million $2,542 $806,000 This initial profit of $806,000 from just a fraction of their holdings is noteworthy. It suggests a well-timed entry and an agile exit strategy, reinforcing the ‘smart’ moniker. However, this is just the tip of the iceberg, as their total realized profits from ETH holdings have already surpassed $30 million. Understanding the ETH Price Action: What Does This Sale Mean? When an entity of this size begins to sell, it naturally raises concerns about potential downward pressure on the ETH price action . Large sales can increase market supply, and if demand doesn’t keep pace, prices can dip. However, it’s crucial to put this sale into perspective: Fractional Sale: The institution sold 33,585 ETH, which is a significant sum, but it represents only a fraction of their initial $333.78 million (approximately 130,000 ETH based on an average purchase price). Liquidity Management: Such sales could be part of a broader liquidity management strategy, perhaps to rebalance portfolios, cover operational costs, or prepare for new investment opportunities in other assets. Market Absorption: The crypto market, especially for a high-liquidity asset like Ethereum, can often absorb large sell orders without catastrophic price drops, particularly if there’s underlying buying interest. The fact that the institution secured a profit indicates they are selling into strength, or at least at a favorable level, rather than panic-selling. This measured approach can be a sign of confidence, not fear, in the asset’s overall trajectory. The Art of Crypto Profit Taking: Lessons from a Whale The institution’s move serves as a practical lesson in crypto profit taking . For many investors, knowing when to sell is often harder than knowing when to buy. This entity’s strategy highlights several key principles: Pre-defined Targets: It’s likely they had pre-defined profit targets or a specific percentage gain at which they would begin to de-risk. Partial Exits: Instead of a full exit, they’ve opted for a partial sale. This allows them to secure profits while still retaining significant exposure to potential future upside. Long-Term Conviction with Short-Term Agility: Despite taking profits, the institution still holds a substantial 100,000 ETH, currently valued at approximately $261.4 million. Crucially, this remaining ETH is staked, indicating a long-term conviction in Ethereum’s ecosystem and its passive income generation capabilities. This balanced approach allows them to capitalize on short-term market movements while maintaining a strong position for long-term growth. It’s a testament to a robust digital asset management framework that prioritizes both capital preservation and growth. The Broader Picture: Is Institutional Crypto Adoption Gaining Momentum? This institution’s actions are not isolated incidents but rather part of a larger trend of increasing institutional crypto adoption . Over the past few years, traditional financial players, hedge funds, and corporate treasuries have shown growing interest in digital assets. Why? Here are some key reasons: Diversification: Cryptocurrencies offer a new asset class with low correlation to traditional markets, providing diversification benefits. Growth Potential: The rapid innovation and adoption within the blockchain space present significant growth opportunities. Technological Advancement: Institutions recognize the transformative potential of blockchain technology across various industries. Regulatory Clarity (Emerging): While still evolving, increasing regulatory frameworks in some regions are making it safer for institutions to enter the space. However, challenges remain, including regulatory uncertainty, market volatility, and the need for robust infrastructure for secure custody and trading. Despite these hurdles, the consistent entry and strategic maneuvering of entities like this Ethereum institution underscore a growing confidence in the maturity and viability of the digital asset market. Actionable Insights for Retail Investors: Navigating the Waves of Digital Asset Management What can the average crypto enthusiast learn from this institution’s sophisticated digital asset management ? Plenty: Develop a Strategy: Don’t just buy and hold blindly. Have a clear entry and exit strategy, including profit targets. Consider Partial Profit-Taking: Just like the institution, consider taking partial profits as your investments grow. This de-risks your portfolio and secures gains, allowing you to reinvest or diversify. Long-Term Vision with Flexibility: While long-term conviction is important, be agile enough to react to market conditions. The institution held ETH for months before selling, but they didn’t wait indefinitely. Research and Due Diligence: Understand the assets you’re investing in. The institution likely had strong fundamental reasons for accumulating ETH. Explore Staking: If you’re holding assets like ETH for the long term, consider staking them to earn passive income, much like this institution is doing with its remaining holdings. Conclusion: A Glimpse into Smart Money’s Strategic Play The recent actions of this prominent Ethereum institution provide a fascinating case study in sophisticated crypto investment. Their initial accumulation, followed by strategic crypto profit taking , showcases a calculated approach to maximizing returns while managing risk. The move offers valuable insights into the current state of institutional crypto adoption and hints at potential future ETH price action , demonstrating that even large players are nimble in their digital asset management . While they’ve secured substantial profits, their decision to keep a significant portion of ETH staked reaffirms their long-term belief in Ethereum’s ecosystem, suggesting that this is less about abandoning the asset and more about prudent portfolio management. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post Unveiling the Astounding Strategy of an Ethereum Institution’s $85M Profit-Taking Move first appeared on BitcoinWorld and is written by Editorial Team
OpenSea is going mobile after acquiring Rally, with plans to unify NFT and token trading, as well as expanding into DeFi, perpetuals and AI-powered tools.
Eigen Labs reduced its workforce by 25% to focus on EigenCloud. The restructuring affected 29 employees and aims to streamline operations. Continue Reading: Eigen Labs Shifts Focus to Boost Global Dominance with EigenCloud The post Eigen Labs Shifts Focus to Boost Global Dominance with EigenCloud appeared first on COINTURK NEWS .
BitcoinWorld Bybit TradFi x Crypto Report: Strategy (MSTR) Trading at 68% Premium as Unique Leveraged BTC Proxy Dubai, United Arab Emirates, July 9th, 2025, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has released a new Bybit TradFi x Crypto Report on Strategy (NASDAQ: MSTR), the BTC-focused holding company formerly known as MicroStrategy. The analysis revealed a convoluted valuation picture that challenges traditional pricing logic while highlighting the company’s unprecedented position in the BTC ecosystem. The report suggests investors “disregard the company’s legacy software operations” and examine its true value as a high-beta proxy for its underlying asset, BTC. Holding over half a million BTC at about 2.8% of BTC’s total supply, Strategy is currently trading at a 68% premium to the net value of its BTC treasury at $107 billion market cap. Key Findings: Quantitative Data Suggests Undervaluation: A statistical analysis of the historical relationship between BTC and MSTR performance indicates, on paper, a potential fair value of $468 per share, suggesting the stock may be undervalued by approximately 17.9% at current trading levels of $384. Conservative Leverage Management: Despite its aggressive BTC accumulation, Strategy maintains a prudent loan-to-value ratio of just 11.46%, providing a substantial cushion against market volatility and default risk. However, the company has yet to face a real stress test in the case of a major unexpected BTC correction. Strategy as a Non-Replicable Strategy: The analysis cautioned that Strategy’s valuation premium is likely unique and inimitable, stemming from its first-mover advantage and singular focus on BTC accumulation versus other corporate holders who maintain crypto as non-core treasury assets. The report notes that Strategy’s transformation has created an entirely new asset class in equity markets, providing value in institutional BTC exposure instead of sales revenue. The analysis also suggests that while the company presents significant upside potential in favorable BTC markets, its leveraged structure equally amplifies downside risk. The complete analysis is available on Bybit Learn . Disclaimer: Past performance does not guarantee future results. Nothing contained herein constitutes investment advice. Investors should conduct their own research and consider their risk tolerance before making investment decisions. #Bybit / #TheCryptoArk /#BybitResearch 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 Contact Head of PR Tony Au Bybit tony.au@bybit.com This post Bybit TradFi x Crypto Report: Strategy (MSTR) Trading at 68% Premium as Unique Leveraged BTC Proxy first appeared on BitcoinWorld and is written by chainwire
Dubai, United Arab Emirates, July 9th, 2025, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has released a new Bybit TradFi x Crypto Report on Strategy (NASDAQ: MSTR), the BTC-focused holding company formerly known as MicroStrategy. The analysis revealed a convoluted valuation picture that challenges traditional pricing logic while highlighting the company's unprecedented position in the BTC ecosystem. The report suggests investors “disregard the company’s legacy software operations” and examine its true value as a high-beta proxy for its underlying asset, BTC. Holding over half a million BTC at about 2.8% of BTC’s total supply, Strategy is currently trading at a 68% premium to the net value of its BTC treasury at $107 billion market cap. Key Findings: Quantitative Data Suggests Undervaluation: A statistical analysis of the historical relationship between BTC and MSTR performance indicates, on paper, a potential fair value of $468 per share, suggesting the stock may be undervalued by approximately 17.9% at current trading levels of $384. Conservative Leverage Management: Despite its aggressive BTC accumulation, Strategy maintains a prudent loan-to-value ratio of just 11.46%, providing a substantial cushion against market volatility and default risk. However, the company has yet to face a real stress test in the case of a major unexpected BTC correction. Strategy as a Non-Replicable Strategy: The analysis cautioned that Strategy's valuation premium is likely unique and inimitable, stemming from its first-mover advantage and singular focus on BTC accumulation versus other corporate holders who maintain crypto as non-core treasury assets. The report notes that Strategy's transformation has created an entirely new asset class in equity markets, providing value in institutional BTC exposure instead of sales revenue. The analysis also suggests that while the company presents significant upside potential in favorable BTC markets, its leveraged structure equally amplifies downside risk. The complete analysis is available on Bybit Learn . Disclaimer: Past performance does not guarantee future results. Nothing contained herein constitutes investment advice. Investors should conduct their own research and consider their risk tolerance before making investment decisions. #Bybit / #TheCryptoArk /#BybitResearch 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 ContactHead of PRTony AuBybittony.au@bybit.com 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.
$TANSSI, $UTC, $TANSSI, $UTC, $UTC listed on Binance alpha and futures
BitcoinWorld South Korea’s Bold Leap: Crypto Firms Secure Venture Business Status, Igniting Innovation Get ready for a seismic shift in the global cryptocurrency landscape! South Korea, a nation long at the forefront of technological adoption, has just made a groundbreaking decision that promises to redefine the future of its digital economy. In a move that has been widely anticipated and celebrated by the industry, virtual asset trading and brokerage firms are now officially recognized as venture businesses . This isn’t just a bureaucratic change; it’s a monumental step that removes a longstanding barrier, opening the floodgates for crucial government support and propelling the nation’s burgeoning South Korea crypto sector into a new era of growth and innovation. A Game-Changer: How South Korea is Redefining Venture Businesses For years, the classification of cryptocurrency-related entities in South Korea has been a contentious issue. The Ministry of SMEs and Startups (MSS) had, back in May 2018, initially narrowed its list of restricted sectors, but later that same year, controversially reclassified blockchain-based crypto trading and brokerage as an excluded industry. This decision lumped legitimate crypto firms with sectors typically associated with gambling or adult entertainment, effectively denying them access to vital government resources and legitimacy. The industry’s outcry was immediate and sustained. They argued that such a classification stifled innovation and painted an unfair picture of a rapidly evolving technological sector. Fast forward to July 9, and the MSS announced its intention to propose a revision to the enforcement decree of the venture business act. This proposed revision signifies a clear policy turnaround, acknowledging the maturity and potential of the digital asset space. What does this reclassification mean in practical terms? It means that these businesses, once ostracized, can now: Access government grants and low-interest loans. Benefit from tax incentives designed to foster startup growth. Receive support for research and development (R&D) initiatives. Gain preferential treatment in government procurement. Attract skilled talent more easily due to enhanced legitimacy. Why Now? The Shifting Landscape for Crypto Firms The MSS’s decision to include crypto firms in the venture designation isn’t an isolated event; it reflects a broader ‘shift in the policy environment,’ as the ministry itself stated. Several factors likely contributed to this pivotal change: Global Trend Towards Regulation and Legitimacy: Many countries are moving towards comprehensive regulatory frameworks for cryptocurrencies, recognizing them as legitimate financial assets or technological innovations rather than illicit activities. South Korea’s move aligns with this global trend, aiming to integrate the industry rather than isolate it. Industry Lobbying and Advocacy: The local crypto industry has consistently advocated for better recognition and a fairer regulatory environment. Their persistent efforts to highlight the economic potential and technological advancements of blockchain likely played a significant role. Economic Potential and Job Creation: The virtual asset sector holds immense potential for economic growth, job creation, and technological advancement. Denying support to these firms meant missing out on a critical economic engine. Recognizing them as venture businesses allows the government to actively cultivate this potential. Technological Maturity: The blockchain and cryptocurrency space has matured significantly since 2018. It’s no longer just about speculative trading; it encompasses decentralized finance (DeFi), NFTs, Web3, and enterprise blockchain solutions, all of which contribute to the broader digital economy. This reclassification signals a growing understanding within government circles that virtual assets are not merely speculative tools but foundational technologies that can drive future economic prosperity. Unlocking Potential: The Power of Government Support The immediate and most tangible benefit of this reclassification is the access to robust government support . For any startup or emerging industry, early-stage funding and strategic assistance can be the difference between failure and soaring success. Previously, crypto firms were largely reliant on private capital, which, while abundant, often comes with higher risk premiums and less favorable terms compared to government-backed programs. Consider the impact on a burgeoning decentralized finance (DeFi) protocol or an innovative NFT platform in Seoul. With venture business status, these entities can now tap into: R&D Grants: Accelerating the development of cutting-edge blockchain solutions, security protocols, and user-friendly interfaces. Talent Development Programs: Attracting and retaining top-tier blockchain developers, cybersecurity experts, and financial analysts. Export Assistance: Helping South Korean crypto innovations expand their reach into international markets. Tax Benefits: Reducing the financial burden on young companies, allowing them to reinvest more into growth and innovation. This influx of public resources will not only de-risk investments for private venture capitalists but also foster a more competitive and innovative ecosystem, attracting both domestic and international talent and capital to South Korea. Impact on the Virtual Assets Ecosystem: What Does This Mean for the Market? The ripple effects of this decision will be felt across the entire virtual assets ecosystem in South Korea. We can anticipate several key developments: Boom in Crypto Startups: With a clearer path to government support and enhanced legitimacy, more entrepreneurs will be encouraged to launch crypto-related ventures, leading to a surge in new businesses. Increased Innovation: Access to R&D funding and a more supportive environment will foster greater innovation in blockchain technology, digital asset services, and new use cases for cryptocurrencies. Enhanced Investor Confidence: The government’s stamp of approval will likely boost confidence among both institutional and retail investors, potentially leading to increased investment in the sector. Job Creation: A thriving crypto industry will inevitably lead to the creation of high-skilled jobs in technology, finance, legal, and compliance sectors. Global Competitiveness: By nurturing its domestic crypto industry, South Korea aims to solidify its position as a global leader in blockchain and digital asset innovation, potentially attracting international partnerships and investments. This move positions South Korea not just as a market for trading virtual assets, but as a hub for building the future of decentralized technologies. Navigating the Future: Challenges and Opportunities for South Korea Crypto While this reclassification is overwhelmingly positive, the journey ahead for South Korea crypto still holds challenges and opportunities. The immediate task will be the smooth implementation of the revised decree and ensuring fair access to the new benefits for all eligible firms. Further regulatory clarity will also be crucial. While this decision addresses the venture business classification, other aspects of crypto regulation, such as taxation, consumer protection, and specific guidelines for various digital asset services (e.g., DeFi, NFTs), will need continued attention. The government will need to strike a delicate balance between fostering innovation and mitigating risks associated with the volatile nature of cryptocurrencies. However, the opportunities far outweigh the challenges. This bold step by the MSS demonstrates a progressive mindset and a commitment to embracing the digital future. It sends a clear message to the world: South Korea is serious about building a robust, legitimate, and innovative virtual asset industry. A New Dawn for Digital Innovation The decision by South Korea’s Ministry of SMEs and Startups to recognize crypto firms as venture businesses marks a truly transformative moment. By shedding outdated classifications and embracing the potential of the virtual assets sector, South Korea is not only providing much-needed government support but also setting a powerful precedent for other nations. This move will undoubtedly ignite innovation, attract investment, and firmly establish South Korea crypto as a leading force in the global digital economy. It’s a clear signal that the future of finance and technology is here, and South Korea is ready to lead the charge. To learn more about the latest crypto market trends, explore our article on key developments shaping virtual asset institutional adoption. This post South Korea’s Bold Leap: Crypto Firms Secure Venture Business Status, Igniting Innovation first appeared on BitcoinWorld and is written by Editorial Team
The Crypto Fear & Greed Index has surged to 66, signaling a shift toward optimism and heightened investor confidence in the cryptocurrency market. This index synthesizes multiple market indicators, including
Ethereum has solidified its position above the $2,500 support level, signaling renewed bullish momentum in the crypto market. The cryptocurrency’s price action reflects a breakout pattern reminiscent of early 2024,