In his latest report, cryptocurrency analyst Axel Adler evaluated Bitcoin and the general crypto market within the framework of macroeconomic developments, price momentum, and the options market. According to Adler, external risks such as weak employment data and rising trade tariffs have reduced risk appetite in markets, leading to sharp corrections in Bitcoin. According to Adler's analysis, weak nonfarm payrolls (NFP) data released in the US, the Fed's fifth consecutive interest rate cut, and a wave of new tariffs have driven investors to safe havens. Stocks have sold off during this period, and Bitcoin's price has fallen from $119,000 to $112,000. Bitcoin's 30-day momentum has fallen from 8.6% to 3%. Despite increasing short-term market pressure, Adler notes that major companies, particularly Coinbase, Tether, and institutional strategy funds, have made approximately 30,000 BTC worth of new purchases. Coin outflows from exchanges also continue. Related News: Bitcoin Miners' Profit Margin Reaches Highest Level in Recent Times - What Does This Mean? According to Adler, the $119,000 level remains a key resistance level, while the $112,000 level is currently a critical support area. A break above this level could lead to the price testing $110,000, while $108,000 acts as psychological support. A decline in 30-day momentum to 3% indicates a significant weakening of the uptrend, according to Adler. A rebound above 8–10% could indicate buyers are re-entering the market. The Maximum Loss price, which is the level at which the highest loss will occur in the Bitcoin options market, is at $118,000 for the expiration date of August 8, 2025. The sharp decline in option selling volume at levels above $110,000 suggests that bearish positions are weakening, according to Adler. Adler also outlined bull and bear scenarios for the BTC price: Bullish scenario: If the $118,000 level holds and call volume continues to increase, the price could test the $122,500–$125,000 range. A break above this level could bring targets of $130,000 and above to the forefront. Bearish scenario: If the $118,000 level is broken and the put option volume in the $112,500–$115,000 range exceeds $1 million, the price may pull back to the $110,000–$112,500 range. *This is not investment advice. Continue Reading: Experienced Analyst Reveals Options, Bullish and Bearish Price Predictions for Bitcoin Price in the New Week
Crypto analyst StephisCrypto has shared a weekly chart of XRP paired with the U.S. dollar on Bitstamp, highlighting what the analyst describes as a potentially significant sell signal. The chart features candlestick data extending into mid-2025 and shows that XRP recently climbed to a high above the $3.50 level before a small retracement. Red arrows are marked at prior points of price peaks, suggesting a repeated pattern where these signals coincided with market pullbacks. The chart also shows that the recent upswing in XRP followed a period of sideways price consolidation, culminating in a large green candlestick that propelled the token past the $3 mark. The pattern appears consistent with previous movements where price rallies were accompanied by elevated stochastic relative strength index readings. Should we ignore this #XRP sell signal? pic.twitter.com/qBXPbBGWfo — STEPH IS CRYPTO (@Steph_iscrypto) August 2, 2025 Stochastic RSI Readings and Interpretation In the lower panel of the chart, the stochastic RSI is plotted with two lines colored blue and orange, displaying current readings of approximately 77.65 and 85.77. Historically, each red arrow was placed when the stochastic RSI reached or exceeded similar levels, which often preceded corrective price activity. The analyst appears to be emphasizing that the current stochastic RSI is again in the higher range. While the stochastic RSI can be an indicator of overbought conditions, it is not definitive evidence of an imminent reversal without considering broader market context and price structure. The attached commentary suggests that the analyst is urging caution among traders who rely on technical signals for short-term positioning. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Responses to the Observation Several users on platform X provided their perspectives on the analysis. An account named X Finance Bull commented , stating that momentum looks stretched but that structural factors are more important to their strategy. This response indicates a preference for prioritizing longer-term support and resistance zones over momentum oscillators alone. Another user, MJS, contributed a perspective suggesting that different investors interpret these signals based on their objectives. MJS noted that if individuals are involved with XRP due to expectations about its role in the future financial system, they should maintain a longer time horizon and not react impulsively to individual technical readings. The statement closed with a remark implying that not all market participants will endure volatility successfully. Considerations for Traders and Investors The chart and commentary illustrate an ongoing debate between technical trading disciplines and broader investment theses. While the stochastic RSI is elevated, suggesting a possible overextension in short-term momentum, other considerations such as overall market structure, adoption trends, and sentiment toward XRP’s long-term utility may influence decisions. The historical examples marked on the chart show that similar stochastic RSI conditions coincided with price pullbacks. However, whether this pattern will repeat depends on factors including liquidity conditions, macroeconomic trends, and developments specific to XRP’s ecosystem. As with any trading decision, participants are encouraged to consider multiple timeframes and to remain aware of the inherent risks in digital asset markets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst: Should We Ignore This XRP Sell Signal? appeared first on Times Tabloid .
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PUMP breaks out on the charts as whales return. But is this rally here to stay?
Asset management firm Ark Invest has expanded its stock holdings of US-based centralized exchange Coinbase and blockchain technology company Bitmine. This $47 million purchase of crypto-related stocks came on Friday, August 1, following the dip in the US equities market due to weak economic data and newly adjusted tariff policies. Ark Invest Renews Interest In Coinbase Stock With $30-M Purchase According to the firm’s latest trading disclosure , Ark Invest added a total of 94,678 shares (worth about $29.8 million) of Coinbase (COIN) across three of its funds, including the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). Interestingly, Cathie Wood-led asset manager seized the opportunity to “buy the dip” after the price of Coinbase’s stock fell by more than 16% on Friday. The price of COIN closed at $314.69 on the day, representing one of the stock’s worst single-day performances ever. Moreover, this strategic acquisition looks like a complete reversal of Ark Invest’s recent trend of dumping the Coinbase stocks. On Monday, July 28, ARK Next Generation Internet ETF (ARKW) sold 18,204 shares of COIN (equivalent to about $7 million based on the day’s closing price of $379.49). Ark Invest also increased its holdings of BitMine Immersion Technologies (BMNR), acquiring 540,712 shares (worth about $17 million) across the aforementioned three funds on the same day. This purchase came on the back of BMNR’s price decline of over 8% to close at $31.68. However, unlike Coinbase’s stock, Ark Invest has been steadily adding BitMine’s shares to its portfolio over the past few weeks. On Monday, the asset management firm bought more than $20 million worth of BNMR shares across the ARKK, ARKW, and ARKF funds. More notably, Ark Invest increased its position in the BitMine company through an estimated $182 million stock purchase in the previous week. This increased interest from Ark Invest comes amidst BitMine’s strong rotation into Ether, becoming the largest ETH treasury firm with 625,000 tokens in holdings. COIN Price Overview As of the close of trading hours on Friday, the price of Coinbase stock stood at around $314.69, reflecting a 16.7% decline on the day. While the past week’s performance (almost a 20% drop) might have put a dampener on the mood of investors, it is worth noting that the COIN price is up by more than 50% in the past 3 months. The positive performance of the Coinbase stock can be associated with the improving climate of the crypto market. Meanwhile, the COIN stock is up by 22% so far this year.
A Canadian teen has been sentenced for a $37 million Bitcoin (BTC) heist and the hacking of several X accounts. This follows on-chain sleuth ZachXBT’s calls for stricter penalties against SIM swapping and social engineering fraudsters. Suspect’s Sentence ZachXBT revealed via a July 29 X post that Cameron Redman had been convicted and ordered to pay compensation following his involvement in a $37 million Bitcoin theft and a related X hacking case that the investigator had uncovered. Court documents show that Redman has been sentenced to 12 months and 1 day, followed by a three-year supervised release term for each count, with all sentences to be served concurrently. He has also been ordered to pay a $400 special assessment, $248,257.07 in restitution, and a $60,000 fine. On February 22, 2020, the Canadian teenager used a SIM swap attack to take control of crypto investor Josh Jones’s mobile number, allowing him to bypass two-factor authentication and access his wallets. He then stole 1,547 BTC and 60,000 Bitcoin Cash (BCH), valued at around $37 million at the time. Following the theft, Redman began laundering the stolen assets through hundreds of small transactions. These tokens were eventually funneled through centralized exchanges in an attempt to hide the trail. The perpetrator was later linked to phishing scams and the hacking of several NFT profiles on X. According to ZachXBT, in June 2022, Redman offered access to an internal X panel for sale on the platform SWAPD. This was then sold for 250 ETH and led to the compromise of over 10 accounts and the theft of millions through phishing scams. The detective added that the Canadian youth initially used fake identity documents on SWAPD before submitting his real information, withdrew the sale proceeds through Tornado Cash, and then deposited the funds into a Stake account. On-chain data linked the wallet he used to the compromised X accounts. The investigation identified victims, including Beeple, DeeKay, Zeneca, Nouns DAO, and JRNY Club. Calls for Tougher Rules The suspect was formally charged on November 17, 2021, by Hamilton Police in Ontario. Authorities recovered $5.4 million in crypto, but the remaining $31.5 million is still missing. At the time of his arrest, Redman was still legally underage, which meant his name remained sealed and his photo was not released. ZachXBT has previously highlighted how this kind of secrecy is part of the problem, saying the convicted criminal’s identity should have been revealed earlier on to prevent further unlawful conduct. Such cases are on the rise, with research from Keepnet Labs showing a 1,055% increase in SIM swap incidents in the UK in 2024. Elliptic’s State of Crypto Scams 2025 analysis also highlighted phishing as a key method used by cybercriminals like North Korea’s Lazarus, with attackers increasingly automating campaigns using AI tools. Meanwhile, ZachXBT previously reported that between November and December last year, a single hacker breached over 15 X accounts, stealing more than $500,000. The post Canadian Teen Convicted in $37M Bitcoin Heist and 2020 X Hacking Spree appeared first on CryptoPotato .
Although XRP has gained some ground in the last 24 hours in a bid to breach the $3 resistance, the asset’s technical structure is painting a concerning picture for the short term. According to analysis by Ali Martinez, the TD Sequential recently flashed a sell signal on the three-day chart, prompting a notable price pullback below the $3 mark, he noted in an X post on August 3. The warning signal came after XRP reached highs above $3.60, with the bearish cue suggesting that the latest rally could be running out of steam. The 9-count TD Sequential signal, known for predicting trend exhaustion, appeared just as XRP approached a resistance zone between $3.60 and $4. Since then, prices have been sliding steadily, and the token is now approaching a key short-term support level. XRP price analysis chart. Source: TradingView At the same time, on-chain data shows that past accumulation behavior points to $2.80 as a temporary buffer for XRP, but real support begins below $2.48. To this end, Martinez identified $2.40 as the critical zone to watch. If XRP continues to bleed lower, this level could act as a final line of defense for bulls to regroup. A failure to hold above $2.40 may open the door for deeper losses, possibly revisiting the $2.00 region. XRP URPD price chart. Source: Glassnode XRP price analysis At press time, XRP was trading at $2.92, having rallied over 5% in the last 24 hours. On the weekly timeframe, however, the asset has plunged nearly 10%. XRP seven-day price chart. Source: Finbold At the current value, XRP’s 50-day Simple Moving Average ( SMA ) of $2.65 shows the price is holding above the short-term trend, hinting at bullish sentiment. Meanwhile, the 200-day SMA at $1.875269 reflects a long-term upward trend. Featured image via Shutterstock The post XRP flashes major ‘sell signal’ as temporary price buffer is identified appeared first on Finbold .
Mark Yusko, CEO of Morgan Creek Capital, expects roughly $300 billion to pour into Bitcoin and crypto markets over the next 12 months.
Tech companies race to develop quantum computing technology, impacting digital asset security. Elon Musk questions Bitcoin's resilience against quantum computing, sharing insights via AI. Continue Reading: Elon Musk Raises Concerns About Bitcoin’s Quantum Computing Challenge The post Elon Musk Raises Concerns About Bitcoin’s Quantum Computing Challenge appeared first on COINTURK NEWS .
Altcoin investors are known for their agility—moving capital toward the next breakout before it hits the mainstream. That’s why all eyes are now on the meme coin sector, where legacy players like Shiba Inu (SHIB) are starting to show signs of exhaustion. SHIB, despite its iconic run, has stalled in recent weeks, leaving some holders to explore fresher, lower-cap alternatives. These moves often happen before the crowd notices, and this time, one particular token is drawing that attention. Analysts now predict a potential 27x return from MAGACOIN FINANCE if current adoption patterns hold. Why SHIB Momentum May Be Peaking After peaking in early 2021, SHIB’s community remained one of the strongest in crypto. But in 2025, price action has been relatively flat. As market-wide liquidity picks up, especially in the meme sector, investors are beginning to rotate funds from older assets into tokens that have yet to experience exponential gains . Blockchain data already shows capital migration toward emerging tokens with meme power, tight supply curves, and high virality. For SHIB holders seeking the next wave, the challenge lies in identifying early-stage projects before listings drive prices up . MAGACOIN FINANCE: The Quiet Giant Before the Roar One such project now gaining momentum is MAGACOIN FINANCE. With politically charged branding, a fast-expanding online community, and explosive early-stage engagement, it’s emerging as a major contender. According to recent projections, a 27x price explosion might be on the table if current trajectory and adoption patterns continue. What makes MAGACOIN FINANCE unique is its combination of viral market appeal and early access scarcity. Market researchers now compare its adoption velocity to the early days of SHIB itself – a coin that also saw explosive early growth due to community intensity and narrative pull. MAGACOIN FINANCE is currently in a limited-access stage, and as new investors pile in, the window for strategic entry narrows with each passing day. Analysts and early traders are calling this moment one of the final chances to participate before it hits broader exchanges. Conclusion As the meme coin cycle enters a new phase, projects with strong branding and active communities are dominating social charts. While SHIB’s role in the meme ecosystem remains foundational, capital tends to flow toward asymmetrical opportunities. That dynamic shift is now favoring tokens still in their early momentum phase. Meme coin cycles reward timing. SHIB had its moment, but new tokens are attracting both retail attention and analyst optimism. With MAGACOIN FINANCE’s 27x upside now circulating among researchers and trading desks, many believe it may be the next to explode. Whether it surpasses SHIB remains to be seen—but the clock for early access is ticking . To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Shiba Inu Faces New Competition—Altcoin Investors Shift to This Trending Token