The SEC’s recent extension of its review on Bitwise’s staking-enabled Ethereum ETF proposal highlights ongoing regulatory caution in integrating crypto yield products within traditional investment frameworks. This move underscores the
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The SEC’s hesitation speaks volumes. As Bitwise pushes for staking-enabled Ethereum ETFs, regulators are digging deeper into whether passive crypto investors should earn yield or if it’s a risk too far. On June 30, the U.S. Securities and Exchange Commission announced it would extend its review of Bitwise’s proposal to allow staking within its spot Ethereum ( ETH ) ETF, delaying what could have been a landmark shift in crypto investment products. The securities regulator is now soliciting public feedback, specifically probing whether staking rewards introduce hidden risks that traditional ETF structures were not designed to handle. Bitwise, meanwhile, maintains that staking can operate within the existing framework, offering investors additional yield without altering the fund’s core mechanics. You might also like: SRM completes $100m TRON staking push, eyes shareholder payouts A cautious commission in a rapidly evolving market The SEC’s decision to delay Bitwise’s Ethereum staking ETF proposal reflects broader concerns about how crypto’s native yield mechanisms fit within traditional financial structures. While staking is central to Ethereum’s proof-of-stake model, regulators are questioning whether ETF wrappers, built for passive exposure, can safely include active participation in blockchain consensus. Unlike traditional ETFs, staking introduces the risk of penalties, known as “slashing,” if validators behave improperly. The agency is seeking clarity on whether such losses would be absorbed by fund managers or investors, and how they would be mitigated. Liquidity is another concern. Staked ETH can be locked for days or weeks during withdrawals, raising the possibility of liquidity mismatches between ETF shares and the underlying assets during market volatility. Validator centralization is also under scrutiny. If multiple ETH ETFs route staking through the same small group of institutional validators, such as Coinbase or Kraken, it could create concentration risks that run counter to crypto’s decentralized ethos. Bitwise has countered that these risks are manageable, likening staking rewards to dividends in equity ETFs. Still, the SEC’s decision to request public comment signals lingering skepticism, especially after prior enforcement actions against staking programs like Kraken’s yield offering. Read more: Robinhood reveals layer 2 blockchain amid major crypto expansion
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BitcoinWorld Bitcoin Price: The Explosive Surge Towards New All-Time Highs The cryptocurrency world is buzzing with anticipation. Bitcoin, the undisputed king of digital assets, is currently trading around the $107,000 mark, but all eyes are fixed on a critical threshold: $109,000. Analysts are pointing to a significant accumulation of liquidity just above this level, signaling a potential for an explosive move. Could this be the moment we’ve all been waiting for? The stage appears set for Bitcoin to not only clear crucial resistance but potentially embark on a journey into uncharted territory, pushing towards new all-time highs and beyond. Understanding the Current Bitcoin Price Analysis Bitcoin’s journey is rarely uneventful, and its current position near $107,000 is a testament to the market’s dynamic nature. The immediate focus for many traders and investors is the $109,000 resistance level. This isn’t just an arbitrary number; it represents a significant psychological and technical barrier that Bitcoin has struggled to decisively overcome in recent times. What makes this particular moment so compelling, however, is the visible buildup of liquidity just above this key resistance. When we talk about Bitcoin Price Analysis , we’re looking at more than just the current trading price. We’re examining: Resistance Levels: These are price points where an upward trend is expected to pause or reverse due to a concentration of selling interest. For Bitcoin, $109,000 is acting as a formidable resistance. Support Levels: Conversely, these are price points where a downward trend is expected to pause or reverse due to a concentration of buying interest. Liquidity: This refers to the ease with which an asset can be converted into cash without affecting its market price. In trading terms, high liquidity above a resistance means there are many buy orders waiting to be filled once that price is breached, potentially fueling a rapid upward movement. Trading Volume: High volume accompanying a price move often indicates stronger conviction behind that move. The Cointelegraph report highlights that the confluence of Bitcoin’s current trading range and the significant liquidity stacking above $109,000 creates a compelling narrative for an imminent breakout. This isn’t just speculative chatter; it’s rooted in observable market dynamics. Is a Bitcoin Breakout Potential Imminent? The question on everyone’s mind is: Are we truly on the brink of a major move? The signals suggest a strong Bitcoin Breakout Potential . A breakout occurs when the price of an asset moves above a resistance level or below a support level with increased volume, signaling the start of a new trend. Several factors contribute to the growing optimism: Technical Chart Patterns: Many analysts are observing bullish patterns forming on Bitcoin’s charts, such as ascending triangles or inverse head-and-shoulders, which typically precede upward price movements. Accumulation Zones: Prolonged periods of trading within a narrow range often lead to significant accumulation by large investors, setting the stage for a strong move once the consolidation breaks. Market Sentiment: Despite recent fluctuations, the underlying sentiment in the crypto community remains largely positive, fueled by increasing institutional adoption and macroeconomic factors that favor decentralized assets. If Bitcoin successfully clears the $109,000 resistance with conviction – meaning with high trading volume – it could trigger a cascade of buy orders. This is often referred to as a ‘short squeeze’ if many short positions are open above that level, or simply a ‘breakout rally’ as new buyers enter the market, eager to ride the momentum. The momentum from such a move could be powerful, propelling BTC towards its next significant target. The Critical Role of Crypto Market Liquidity Understanding Crypto Market Liquidity is paramount when predicting price movements. Liquidity acts as the fuel for price action. When there’s ample liquidity, large orders can be executed without causing significant price swings, leading to smoother and more predictable movements. Conversely, low liquidity can lead to volatile and erratic price behavior. Here’s how liquidity is playing a crucial role in Bitcoin’s current setup: Order Book Depth: The accumulation of buy orders (bids) and sell orders (asks) at various price levels creates the market’s depth. When liquidity builds above a resistance level, it means there’s a significant wall of ‘ask’ orders that, once cleared, could quickly be replaced by ‘bid’ orders from eager buyers. Cascading Effects: Breaking through a major resistance with strong liquidity can trigger automated trading strategies and stop-loss orders, further amplifying the upward momentum. Market Efficiency: High liquidity generally leads to a more efficient market where prices reflect true supply and demand more accurately. Key Resistance Levels & Liquidity Zones to Watch: Price Level Significance Potential Impact $107,000 Current Trading Range Consolidation before potential move $109,000 Key Resistance Breakout trigger, high liquidity accumulation above $112,000 Gateway to Price Discovery Potential for rapid ascent into uncharted territory The concentration of liquidity above $109,000 is not just a technical detail; it’s a powerful indicator of market conviction. It suggests that a significant number of participants are poised to enter or add to their positions once that barrier is breached, providing the necessary buying pressure for a sustained rally. What Happens When BTC Enters Price Discovery? The term BTC Price Discovery is perhaps one of the most exciting phrases for long-term Bitcoin holders. Price discovery occurs when an asset trades above its previous all-time high, entering a range where there is no historical resistance. In this scenario, the market is literally ‘discovering’ new price levels, as there are no overhead sellers who bought at higher prices looking to break even. If Bitcoin successfully surpasses the $112,000 mark – which is often cited as the threshold beyond which true price discovery begins – the dynamics of the market shift dramatically. Without historical resistance levels to contend with, the upward movement can be swift and significant, limited only by the prevailing buying pressure and new psychological barriers. Implications of Price Discovery: Rapid Ascents: Prices can climb quickly as there are fewer sell orders from previous buyers. Psychological Milestones: Round numbers (e.g., $120,000, $150,000) become new targets. Increased Volatility: While generally upward, price discovery phases can also be characterized by sharp pullbacks as traders take profits, followed by strong rebounds. For investors, this phase requires a different mindset. It’s less about trading established patterns and more about managing exposure to potentially significant gains and understanding the underlying fundamentals that continue to drive Bitcoin’s value. Preparing for Bitcoin All-Time Highs The prospect of new Bitcoin All-Time Highs is exhilarating for the crypto community. While past performance is not indicative of future results, Bitcoin’s history is replete with cycles of consolidation, breakout, and subsequent price discovery leading to new peaks. Preparing for such a scenario involves both strategic planning and emotional fortitude. Benefits of Reaching New All-Time Highs: Increased Investor Confidence: New ATHs often attract new capital, bringing more retail and institutional investors into the market. Media Attention: Higher prices generate more mainstream media coverage, further increasing public awareness and interest. Network Effect: A rising price can reinforce Bitcoin’s network effect, strengthening its position as a store of value. Challenges to Consider: Increased Volatility: While the trend might be up, price discovery phases can be marked by significant intra-day or intra-week swings. FOMO (Fear Of Missing Out): The temptation to make impulsive decisions can be high during rapid price surges. Profit-Taking: As prices climb, some long-term holders may decide to take profits, leading to temporary pullbacks. Actionable Insights for Navigating Potential ATHs: Do Your Own Research (DYOR): Understand Bitcoin’s fundamentals, its scarcity, and its role in the global financial landscape. Risk Management: Only invest what you can afford to lose. Consider dollar-cost averaging to mitigate volatility. Have a Strategy: Whether you’re a long-term holder or a short-term trader, define your entry and exit points and stick to them. Stay Informed: Follow reputable news sources and analysts, but always cross-reference information. Conclusion: The Dawn of a New Era for Bitcoin? The current confluence of market indicators paints a compelling picture for Bitcoin. With significant liquidity building above the $109,000 resistance and the clear potential for Bitcoin Breakout Potential into BTC Price Discovery beyond $112,000, the stage is set for what could be a truly historic period for the world’s leading cryptocurrency. While the path to new Bitcoin All-Time Highs will undoubtedly involve its share of volatility, the underlying technical and fundamental strengths suggest that the momentum is building for an explosive move. As we watch the charts and await confirmation, one thing is clear: Bitcoin continues to defy expectations, cementing its role as a revolutionary asset in the digital age. The coming weeks and months could redefine what we consider possible for this digital gold, pushing the boundaries of its value and adoption even further. To learn more about the latest Bitcoin price action trends, explore our article on key developments shaping Bitcoin’s institutional adoption. This post Bitcoin Price: The Explosive Surge Towards New All-Time Highs first appeared on BitcoinWorld and is written by Editorial Team
One of the well-known analysts of the cryptocurrency world, il Capo of Crypto, showed in his statements today that he still has bearish thoughts after the recovery in Bitcoin price. Bitcoin price has recovered after falling to as low as $100,000 last week and is trading at $107,415 at the time of writing. In a message shared with his followers via his official X account, il Capo claimed that there was no real capitulation event in the cryptocurrency market. According to the analyst, the Bitcoin price could first fall below $ 100,000 and then fall to the $ 92,000 to $ 93,000 region with the movement it will make. Related News: Germany's Largest Banking Group Takes Historic Step into Cryptocurrency After that, the analyst said, the Bitcoin price could drop to around $60,000 to $70,000, potentially indicating a bottom. In this scenario, according to il Capo, altcoins may experience more severe declines. According to the analyst, in the event of such a decline in BTC prices, altcoin prices may also experience declines of 50% to 80%. il Capo stated that he has been clearly on the short side since late May and has been adding to his short positions, especially in altcoins. *This is not investment advice. Continue Reading: Experienced Analyst il Capo Shares Latest Update on Bitcoin and Altcoin Prices – Here’s What He Expects
Bitcoin, above $106,800, shows strong market presence, but altcoins are slowly rising. AVAX faces global disruptions but has a 40% rally potential per analyst predictions. Continue Reading: Bitcoin and Altcoins Rally as Market Dynamics Shift The post Bitcoin and Altcoins Rally as Market Dynamics Shift appeared first on COINTURK NEWS .
Kiyosaki has always been a prominent bull for Bitcoin, and his most recent statements reinforce this thesis. He’s reminiscing as to why he did not accumulate more of the coin when the price was lower. Is Bitcoin Expensive Today? This is the question with which the prominent advisor started his most recent post on the social media platform X. He shared that he bought his first BTC when the price was just $6000, which he considered to be expensive at the time. As of the moment of writing this article, Bitcoin is trading around the $107,000 mark. Robert Kiyosaki still believes that it is expensive, but he continues accumulating more. The entrepreneur is firmly convinced that even if Bitcoin reaches $1 million per coin, he will still be buying into the asset. “Because if and when Bitcoin sells for $1 million a coin, I will once again be saying “I wish I had bought more. Even if you can afford only one Satoshi today… I believe five years from now you will be saying “I wishi I had bought more.” Forever a Bitcoin Bull As we recently reported , the creator of the “Rich Dad, Poor Dad” book series is heavily leaning on the top cryptocurrency and does not shy away from advising his followers to follow in his footsteps, either. He’s gone as far as saying that “even 0.01 BTC is going to be priceless in two years and would likely make any investor very rich.” He’s citing the example of other top figures in the crypto space, who are big supporters of BTC, such as Raoul Pal, Anthony Pompliano, and Michael Saylor. The latter is probably the most prolific advocate for the coin, with his company holding 590K BTC as of today. Most of Kiyosaki’s posts have a bittersweet tone, starting off on a more positive note but ending with a life lesson that he himself regrets not learning sooner. “What I do know is….I will be saying, “I will wish I had bought more at $107,000. At a $107,000 Bitcoin was priceless.” The post In 5 Years You Will Wish You Bought More Bitcoin: Robert Kiyosaki appeared first on CryptoPotato .
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BNB Chain has implemented its latest upgrade, Maxwell Hardfork, effectively reducing block time on the network by 50%. The network finalized the update on Monday, noting that it is a technical leap forward. According to the announcement , the new upgrade will increase block production speed, enhance network performance, and improve validator coordination. This is possible through the major updates forming part of the hardfork. It said: “Maxwell introduces three major upgrades: 🔸 BEP-524: Reduce block time to 0.75s 🔸 BEP-563: Enhanced Validator Network messaging 🔸 BEP-564: Smarter block-fetching logic.” With block times now dropping to 0.75 seconds, it explained that user experience will be faster with decentralized applications becoming more responsive and real-time apps having less latency. Reducing block times has been central to BNB chain upgrades for years, with the Lorentz hardfork previously cutting down block time from 3 seconds to 1.5 seconds. Meanwhile, the upgrade also improved validator messaging to match the faster block speed. It noted that this was necessary so that validators could quickly reach a consensus. With this update, the risk of missed votes or delayed proposals is now reduced. It said: “This BEP supports adding validator’s NodeID on the system contract, so the validators can identify each other in the p2p network and forward messages more efficiently.” Even better, the improved block fetching due to BEP-564 means that the message structure for sharing block data among nodes is more efficient. This is expected to preserve the BNB Chain’s smooth performance even when the network is under pressure, as it reduces latency and improves syncing. Interestingly, the upgrade also adjusted other network parameters, including epoch length, which increased from 500 to 1000. TurnLength also doubled to 16 blocks from 8 blocks, while fast finality can now happen in around 1.875 seconds. With the upgrade set to affect the network speed, major network participants, including developers and validators, are also required to implement changes. App builders must change the assumptions to reflect the 0.75 seconds, while validators and node operators must also prepare their infrastructure for the improved performance. BNB Chain dominates DEX activity Meanwhile, the upgrade comes amidst a surge in BNB on-chain activity, which has been most evident in its decentralized exchange (DEX) volume. For weeks, the network has dominated DEX’s market share, dwarfing other networks such as Solana, Ethereum, and even Base. According to Dune analytics data, only Solana has come close to rivaling BNB Chain’s daily volume in the past week, but BNB Chain still had more daily DEX volume than Solana in six of the past seven days, allowing it to account for between 40% to 50% of daily DEX volume. On June 29, for instance, BNB Chain recorded $12.93 billion compared to Solana’s $9.66 billion. With BNB Chain DEX performance this month, it is unsurprising that the network has had its highest monthly DEX volume this June, with over $163 billion according to DeFillama . This puts it far ahead of its closest competitor, Solana, which has just $61.822 billion. Interestingly, the surge in activity on BNB Chain is mostly due to the Binance Alpha program. However, the BNB Chain announcement noted that the recent improvements, particularly the Lorentz hardfork, enabled the network to achieve efficiency and performance, driving adoption and user growth. BNB is up 6% in the past week The surge in activity on the BNB Chain , coupled with recent developments on the network, is positively impacting the native token. BNB is now up 6% over the past seven days and has seen slight gains today despite the muted performance of other major cap cryptocurrencies. At $655, the token is down more than 7% year-to-date. However, it is still one of the best-performing major cap altcoins in a market where altcoins have generally struggled, with ETH and SOL down more than 25% each. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now