by Michael
XRP holds above the $1.13 breakout level. Whale selling drops as large holders increase accumulation. XRPL daily payments surpass 500,000 transactions. XRP recently moved above the $1.13 level, a price zone that many traders had been watching as a major resistance... 
by Michael
Key TakeawaysPolymarket prices Democrats at 86% odds to win House control, with $9 million traded on the market.Kalshi’s KY-04 GOP primary, Gallrein versus Massie, leads all midterm markets at $22 million.Nevada’s abortion protection amendment carries the strongest... 
by Michael
Key TakeawaysBitcoin futures open interest hit $49.82 billion on July 22, led by Binance’s $9.24 billion share.Deribit calls outnumber puts 65.88% to 34.12%, showing traders favor higher bitcoin prices through 2026.Binance max pain data points to $72,000 by late... 
by Michael
Key TakeawaysBIS researchers Hofmann, Mehrotra and Paulick studied 130+ economies and stablecoin data from 184 countries since 2017.Capital controls cut bank dollarization by up to 32 percentage points but showed no effect on stablecoin inflows.Stablecoin market... 
by Michael
Key TakeawaysWar-risk premiums for tankers crossing the Strait of Hormuz have surged nearly 1,900%.A single transit for a $100 million tanker could now carry an insurance bill of about $5 million.Rising shipping costs could feed into fuel prices, inflation, and... 
by Michael
Key takeaways Solana (SOL) trades around $78, gaining more than 2% this week. Spot Solana ETFs recorded $5.83 million in inflows, marking the second straight day of institutional buying. Derivatives data points to growing bullish sentiment, with the long-to-short... 
by Michael
Key TakeawaysThe Digital Chamber filed suit in Sangamon County on July 21, against Illinois’ new crypto tax.The 0.2% tax on digital asset activity takes effect January 1, 2027, and could raise $60 million yearly.The Digital Chamber calls the law unconstitutional, a... 
by Michael
Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to... 
by Michael
Key TakeawaysTreasury Secretary Scott Bessent said July 21 the CLARITY Act has reached the “1-yard line.”Bitcoin rose toward $67,000 and Coinbase shares jumped 13% after Bessent’s comments.Indivisible, Demand Progress, and the Revolving Door Project are pressuring... 
by Michael
Key TakeawaysAnalysts have named $5, $8, and $13 as SUI targets for the rest of the year.Michael van de Poppe flagged SUI’s “early recovery signs” on July 13, as the altcoin index hit 58.Sui Foundation faced three major outages in the month of May resulting in 15... 
by Michael
Key TakeawaysBitcoin long-term holder supply hit a fresh all-time high on July 21, per Coinglass data.The cohort held 16.64 million BTC, about 83% of supply, worth roughly $1.07 trillion in June.Cryptoquant’s Ki Young Ju says Strategy and ETF buyers are absorbing... 
by Michael
Key TakeawaysLynq partnered with Nonco on July 21 to give institutional clients round-the-clock stablecoin liquidity.Clients can convert TFND shares into USDT, USAT, RLUSD or USDC 24 hours a day, bypassing U.S. wire limits.Nonco will initially operate off-platform,... Translate »
