đ Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Robert Kiyosaki predicts
The US economy is in âa new bull market,â according to Mike Wilson, Morgan Stanleyâs chief US equity strategist. Wilson says in a new interview with Bloomberg TV that Morgan Stanley believes the economy had been in a three-year rolling recession that ended in April. âNow weâre in a new bull market and capital markets activity is just another sign that that analysis or that conclusion is probably correct.â The Morgan Stanley executive believes there could be volatility and drawdowns in the third quarter, but he also thinks that such corrections wouldnât invalidate the bull market thesis. âWeâve said that the third quarter, we think this is the best chance we could have for some correction or moderation, if you will. But I want to be very clear, it is still early in the new bull market, so you want to be buying these dips.â Wilson also outlines what he believes needs to happen for the bull market to continue. âI think to continue the bull market, you need two things. The ingredients you need [include] positive rate of change on growth. Okay, we have that from an earnings standpoint. And you have a policy that isnât inhibiting that growth. So both fiscal and monetary policy look like theyâre okay. And it appears as if the Fed, maybe theyâre not going to cut [rates] in the short term, but all signs point to the next move will be a cut. So you have supportive policy, you have positive rate of change, you have good flow dynamics. I mean, those are all the ingredients you need.â Follow us on X , Facebook and Telegram Don't Miss a Beat â Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post US Bank Says New Bull Market Underway After Silent Recession Expired in April appeared first on The Daily Hodl .
Prominent financial guru Kiyosaki predicts heavy real estate and stock markets crashes
The Base blockchain memecoin Toshi had a bullish structure on the higher timeframes, but demand seemed weak.
The $4,000 level has remained elusive for Ethereum even after rallying 40%+ in the months of May and July. The fact that the altcoin has been unable to clear this level points to this being the resistance to beat if Ethereum is to continue its uptrend. It also shows that there are forces keeping the altcoin from breaking this $4,000, and one market expert has attributed this to hedge funds, who have a unique interest in holding the price below $4,000. What Ethereum Above $4,000 Means For Options Traders In an X post, trader and market analyst Glen Goodman unveiled another angle to the beatdown that the Ethereum price has continuously suffered at the $4,000 level. This elusive price tag remains the singular hindrance to the ETH price possibility breaking its $4,800 peak from 2021, and its continuous trading below this price tag could be intentional. Related Reading: Bitcoin Could See Another Crash To Fill This Imbalance Before Rally To $120,000 Goodmanâs post focuses on options traders and the hedge funds which they are betting against. Basically, since the hedge funds are still short Ethereum at this point, they need to suppress the price and keep it from reclaiming $4,000 in order to keep their positions in a profit. These professional traders or hedge funds are the âsellersâ who write the options, and they get a premium for doing so. Then the options buyers are paying a premium to the sellers as they are betting on the price of Ethereum actually going up above $4,000. So, every time the Ethereum price does reach $4,000, it gets beaten down so hedge funds can continue to profit from the premiums being made from buyers. What Happens If ETH Clears $4,000? In the event that the Ethereum price does cross $4,000, it means that the hedge funds will start to lose money, and the options buyers will begin making money. As the crypto trader explains, the higher the ETH price goes, the more money the options buyers make and the more money the hedge funds lose. This is why there always seems to be a violent pullback every time Ethereum comes close to $4,000 as the hedge funds continue to short it. Related Reading: Dogecoin Price Crash Could End Soon With A Roadmap For $5 Goodman explained that the hedge funds have been able to use this strategy to keep the Ethereum price below $4,000 and remain in profit. However, with each time that the altcoin comes close to the $4,000 level, the probability of breaking above it becomes higher. Over the long term, Ethereumâs price breaking $4,000 is incredibly bullish. âStrong resistance kicks in at $4000, so the price could really fly if it beats all the resistance in the early 4000s,â Goodman explained. Featured image from Dall.E, chart from TradingView.com
Twin Bitcoin billionaires Cameron and Tyler Winklevoss have put money into a new mining venture with direct ties to the Trump family, according to a Bloomberg report . The company, American Bitcoin Corp., is linked to Eric Trump and Donald Trump Jr. and was formed earlier this year. The amount the twins invested was not revealed. However, Hut 8 Corp. CEO Asher Genoot confirmed their contribution was part of a $220 million private placement that closed recently. The raise, which included both cash and Bitcoin , was described as oversubscribed during Hut 8âs latest earnings call. The billionaire Winklevoss twins are said to have invested in a new crypto-mining venture tied to another set of high-profile brothers, Eric Trump and Donald Trump Jr. https://t.co/uCofs2eMWl â Bloomberg (@business) August 7, 2025 Political And Crypto Ties Grow Closer This isnât the first time the Winklevoss twins and the Trump family have crossed paths. The twins have previously donated to President Donald Trumpâs campaign. They were also present at a White House crypto summit in March and attended the signing of recent crypto legislation. Genoot said the companyâs structure will give it the scale and capital it needs to compete in the Bitcoin mining industry. Trump Family In Business With Hut 8 American Bitcoin Corp. began operations in March through a partnership with Hut 8, which holds 80% of the company. The other 20% belongs to American Data Centers, a firm backed by Eric Trump and Donald Trump Jr. Eric is also the companyâs director for strategic planning. Based on earlier Bloomberg reporting, his stake could be valued as much as $367 million once the company makes its public debut. The company plans to go public through an all-stock merger with Nasdaq-listed Gryphon Digital Mining Inc., trading under the ticker âABTC.â Just this week, shareholders of Gryphon began voting on the deal. If given the greenlight, the collaboration is expected to be finalized by early September. American Bitcoin says its focus will be on both mining and holding Bitcoin, building a long-term reserve from its own production. The Winklevoss twins, who run the Gemini crypto exchange, contributed their share in Bitcoin, according to reports. A Gemini representative declined to comment on the investment. Mining Sector Faces Stiffer Competition American Bitcoinâs $220 million raise signals aggressive plans for expansion. A Hut 8 filing shows around $10 million of newly issued equity was sold for Bitcoin instead of cash, reflecting the companyâs goal to accumulate the asset directly. Donald Trump Jr. has said that mining, along with holding Bitcoin, will be central to the companyâs long-term strategy. Featured image from Unsplash, chart from TradingView
South Korea-based cryptocurrency exchange Upbit announced that it will launch the digital asset Story(IP) in KRW, BTC and USDT pairs on August 8, 2025. Upbit Will List Story(IP) Coin on KRW, BTC and USDT Markets According to the exchange's statement, IP token deposits will begin within 1 hour and 30 minutes of the announcement, with transaction support becoming active at 1:00 PM Turkish time. Deposits and withdrawals can only be made via the IP-Story network. Transaction Restrictions and Price Information Buy orders will not be allowed for the first 5 minutes after the start of trading support. Again, in the first 5 minutes, a sell order cannot be entered that is 10% below the previous day's closing price. Only limit order types can be used for 2 hours after the transactions start. As of August 8th at 10:50 CET, IP price is: 658 KRW 00005348 BTC It is at the level of 25 USDT. What is Story (IP)? Story stands out as a Layer-1 blockchain network specifically designed for intellectual property. All types of digital content, including visuals, music, NFTs, and artificial intelligence models, can be tokenized on the platform. Copyright agreements, author information, and terms of use are stored directly on the blockchain, ensuring transparent and decentralized rights management. IP, the native token of the Story ecosystem, is used for network gas fees, validator staking, and other uses within the ecosystem. *This is not investment advice. Continue Reading: Bitcoin Exchange Upbit Announces New Altcoin Listing! Here Are the Listed Altcoin Pairs
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