White House releases 166-page crypto strategy led by David Sacks to strengthen US leadership in digital finance, tokenization, and AI.

The post White House releases landmark crypto report, but skips new details on Bitcoin stockpile appeared first on Crypto Briefing.

Streamlining crypto ETF listings could accelerate market growth, reduce regulatory delays, and enhance investor access to digital assets.

The post Cboe files to auto-list crypto ETFs without case-by-case SEC approval appeared first on Crypto Briefing.

Bitcoin trades flat near $118K after the Fed holds rates between 4.25% and 4.5%, with September rate cut odds rising.

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The absence of a Bitcoin reserve plan in the report may delay U.S. leadership in digital assets, affecting market confidence and innovation.

The post Bitcoin reserve plan missing from White House’s crypto report appeared first on Crypto Briefing.

Indonesia's tax changes may boost government revenue but could deter foreign crypto platforms, impacting market dynamics and user costs.

The post Indonesia to double crypto transaction taxes, scrap VAT for buyers starting August appeared first on Crypto Briefing.

Solana’s DEX ecosystem has had a very active month, fueled by a spike in new token listings, surging volume, and PumpSwap’s growing grip over trading flows. While SOL retreated to just below $180 after peaking above $205, the spike in activity across DEXs suggests that the retail-driven memecoin wave primarily powered the turnover. However, the mechanics seem different than earlier in the year after a deeper look.

Data from Dune shows clear divergences between where tokens launch and where liquidity concentrates. Raydium’s LaunchLab remains the preferred venue for pair creation, but PumpSwap now processes over 70% of Solana’s daily DEX volume. This is driven by PumpSwap’s memecoin-focused listing policies and frictionless market structure. The result is a fragmented but very active DEX market.

On July 21, approximately 241,356 new trading pairs were created across Solana DEXs. Raydium LaunchLab was responsible for 157,195 of the pairs (65%), followed by Pump.fun with 49,899 and PumpSwap with 26,689.

Even though almost all of these tokens are short-lived and illiquid, their sheer volume reflects a market driven by speed. The correlation between new listings and SOL’s price is also clear. The week of July 21 marked the top for SOL at $205.81, up 40% from July 1’s $146.90. As token creation normalized in the following days, SOL declined nearly 11% to $183.13 by July 28.

This behavior is another clear example of the speculative churn that became the foundation of Solana’s DeFi market: rapid token launches spark immediate trading demand, pushing up volumes and, temporarily, SOL.

One of the biggest changes we’ve seen this month is in market share. As of July 28, PumpSwap handled 73.6% of all Solana DEX volume, processing $16.8 billion of the $22.8 billion total. Raydium followed with $2.9 billion (12.6%), Orca with $1.5 billion (6.6%), and Meteora with $1.0 billion (4.5%).

PumpSwap’s dominance isn’t coincidental. It has emerged as the go-to venue for memecoin traders due to its frictionless listing model, minimal vetting, and gamified interfaces. Its support for ultra-low market cap tokens and aggressive liquidity incentives has made it the epicenter of Solana’s short-cycle, high-risk trading.

The difference in trading behavior is stark. While Raydium’s LaunchLab remains the most popular entry point for new tokens, traders quickly migrate to PumpSwap for actual execution. This explains why Raydium saw 157,000 new pairs created on July 21 but only captured 12.6% of volume on July 28. PumpSwap, by contrast, had just 26,689 new pairs launched but handled over 70% of all flow.

Despite being eclipsed by PumpSwap in current market share, Raydium remains the all-time volume leader across Solana DEXs. Its lifetime volume has surpassed $1.06 trillion, far ahead of PumpSwap’s $483.9 billion, Orca’s $471.87 billion, and Meteora’s $241.41 billion.

However, the trajectory suggests PumpSwap could close that gap. Over the past 30 days, PumpSwap recorded $251.41 billion in volume, compared to Raydium’s $34.96 billion and Meteora’s $26.47 billion. In just one day (July 28), PumpSwap facilitated $8.16 billion, more than six times Raydium’s $1.23 billion and over 14 times Orca’s $581.49 million.

The data also highlights a concentration of short-term liquidity. PumpSwap’s 1-day to 30-day volume ratio (3.2%) is similar to Raydium’s (3.5%), but its absolute size is substantially higher. This suggests a much higher velocity of capital and a preference among traders to use PumpSwap for both entries and exits.

While SOL’s price has retreated 11% from its July 22 high, Solana DEX volumes have remained elevated. The 30-day volume total across the top projects stands at $368 billion, led by PumpSwap. Even as SOL fell to $183.13 by July 28, PumpSwap maintained $8.16 billion in daily volume, up from $6.45 billion at the start of the month.

This indicates ongoing churn in secondary markets, particularly around memecoins and microcaps. While the launch intensity may have slowed after July 21, speculative appetite among traders has not. This decoupling between asset price and platform activity suggests that Solana’s DEX ecosystem is maturing into a full-fledged high-frequency environment, where token price discovery continues regardless of broader market conditions.

Projects like Orca and Meteora continue to hold niche positions in the Solana DEX landscape. Orca processed $5.11 billion in the past week and $18.35 billion over the past 30 days, while Meteora handled $3.43 billion and $26.47 billion, respectively.

Interestingly, both protocols show lower daily shares than their 30-day average, indicating steadier flows and fewer spikes. This implies that while PumpSwap captures speculative peaks, platforms like Orca and Meteora may serve as liquidity hubs for more predictable order flow, such as LP arbitrage or large-scale transactions.

The post PumpSwap captures 74% of Solana DEX volume as memecoins surge appeared first on CryptoSlate.

Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion.

Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the court July 28 that neither Dragonfly nor its principals were targets of the department’s investigation.

He called the public clarification “unprecedented” and “a clear violation of DOJ policy,” citing the Justice Department’s usual practice of keeping target information confidential. The development comes days after Qureshi publicly denounced the DOJ over targeting the firm for backing Tornado Cash in 2020 as part of Storm’s trial.

Storm, who co‑founded Tornado Cash in 2019 as an open‑source protocol to anonymize cryptocurrency transactions, is charged with laundering more than $1 billion and violating U.S. sanctions against North Korea’s Lazarus Group.

The trial, which began July 14 in U.S. District Court in Manhattan, has heard testimony from blockchain tracing experts and former Tornado Cash users. Closing arguments are expected later this week.

Tornado Cash was added to the U.S. Treasury Department’s sanctions list in August 2022, marking the first time a software protocol faced such action. Prosecutors allege Storm personally approved transactions for illicit actors, while defense attorneys argue that the protocol’s code, not its creator, should be judged.

Dragonfly invested in Tornado Cash in 2020 after obtaining an outside legal opinion that the mixer complied with U.S. anti‑money‑laundering guidance issued by the Financial Crimes Enforcement Network (FinCEN).

The outcome of Storm’s case could reshape how open‑source developers are held accountable for user activity. If convicted, Storm faces up to 45 years in prison, a sentence that critics warn could chill innovation in privacy‑enhancing tools.

Qureshi wrote:

“With that behind us, the focus should remain on Roman Storm’s trial, which is now nearing closing arguments as soon as this week. Its outcome will have massive implications for open-source software and privacy rights in America.”

The post DOJ clarifies Dragonfly is not a target as Tornado Cash co-founder trial nears conclusion appeared first on CryptoSlate.

Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30. 

According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues amounted to $85.2 million. 

On‑chain transaction volume across the xStocks ecosystem totals $356.4 million, indicating significant token activity even as most turnover occurs off‑chain.

xStocks are tokenized versions of stocks issued by Backed Finance on the Solana blockchain.

AUM grows

Assets under management (AUM) are approaching the $40 million mark, with participation broadening to 24,528 unique holders. 

Within that set, Tesla xStock (TSLAx) dominates by both reach and balance sheet. TSLAx counts 10,742 holders, more than any other listing, and leads AUM at $8.88 million.

Rounding out the top tier are SPYx with $4.76 million AUM, NVDAx with $4.39 million AUM, CRCLx with $3.67 million AUM, MSTRx with $3.38 million AUM, and GOOGLx with $1.85 million AUM. 

The ranking shows investor appetite spanning megacap techs, such as TSLAx, NVDAx, GOOGLx, broad‑market exposure with SPYx, and crypto‑linked equities with MSTRx. The presence of CRCLx in the top stocks by AUM signals interest in stablecoin‑adjacent plays.

Cooling activity

Despite the headline totals, activity has cooled into late July. On-chain transaction volumes have slid from early-month spikes around July 1–2 and mid-month bursts near July 15–21, registering lower highs.

DEX trading shows the same pattern, with firm peaks in the first half of the month, followed by lighter bars into July 29–30. The divergence suggests the market is moving from launch‑phase discovery into a more selective trading regime, with liquidity concentrating on larger listings and CEX rails.

The first‑month data paints a clear picture of how xStocks are being used. CEXs currently provide the deepest liquidity and tightest spreads, explaining their dominance of turnover.

Meanwhile, on‑chain flows and DEX volumes are meaningful but secondary, likely reflecting portfolio rebalancing, transfers, and a subset of users who prioritize self‑custody and permissionless execution.

The post Solana’s xStocks top $1.6B in first month of trading, largely driven by centralized exchanges appeared first on CryptoSlate.

Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold.

This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14%

Major cap altcoins registered the same movement. Ethereum (ETH) slid 1.74% to $3,712.36 as of press time, while Solana fell 1.90% to $173.51, XRP 2.52% to $3.04, and BNB 1.46% to $775.27.

The drop happened in tandem with Fed Chairman Jerome Powell’s speech following the latest FOMC meeting. He highlighted that tariffs’ pass-through to prices may be slower than expected, and the current numbers represent the “very beginning of tariff inflation.”

Powell reiterated that he has no intention of resigning and said the Fed remains committed to its dual mandate. Lastly, he stated that there are no decisions regarding a rate cut in September, despite President Donald Trump saying that he heard Powell would cut interest rates at the next FOMC meeting.

These developments from Powell’s speech added to the revising of a prior line in the Fed’s statement that uncertainty about the outlook “has diminished” to “remains elevated,” a backpedal suggesting lingering risks. 

As a result, traders stopped fully pricing a rate cut in October, given as the most certain.

Markets remain cautious

Bitfinex analysts framed the macro picture as mixed. Gross domestic product (GDP) for the second quarter rebounded to 3% annualized after a 0.5% contraction in the first quarter. 

Yet, much of the improvement reflected lower imports rather than robust domestic demand, according to a note from Bitfinex analysts. Final sales rose just 1.2%, while core Personal consumption expenditures (PCE) eased to 2.5% quarter-over-quarter, and 2.9% year-over-year.

That backdrop leaves the Fed inclined to hold steady amid “persistent inflationary risks.”

With the Fed softening its confidence and highlighting elevated uncertainty, Bitfinex analysts highlighted that crypto’s relief bid lacked fuel. 

If policymakers continue to flag sticky inflation or question the quality of GDP growth, they expect a measured downside. As a result, Bitcoin could probe $114K or lower, with ETH also softening.

The analysts warned that in the post-FOMC window, traders should watch order-flow response, volatility skew shifts, and funding-rate dynamics for confirmation of direction.

The post Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k appeared first on CryptoSlate.

President Donald Trump’s administration released its most detailed digital asset policy report on Wednesday, outlining a broad regulatory roadmap for crypto but offered no new insight into the government’s proposed strategic Bitcoin (BTC) reserve.

The 163-page document, prepared by the President’s Working Group on Digital Asset Markets, consolidates the administration’s position across stablecoin regulation, tax reform, and federal market oversight.

While the report affirms a commitment to digital innovation, it stops short of introducing new initiatives or expanding on earlier announcements, including the high-profile plan to build a federal reserve of Bitcoin and other digital assets.

The reserve proposal, initially introduced through a January executive order, receives only a passing mention in the final section of the report.

Senior administration officials said work is underway but offered no timeline or further details. Trump adviser Bo Hines previously indicated that the government may choose not to publicly release the reserve’s development report despite intentions to accumulate BTC.

The lack of specifics on the reserve initiative has fueled uncertainty within the crypto industry, which had hoped for a clearer blueprint. The project had drawn attention earlier this year when officials suggested it would rely in part on assets seized through enforcement actions.

Lawmakers, including Senator Cynthia Lummis (R-Wyo.), have introduced legislation, such as the BITCOIN Act, to support strategic accumulation, but those efforts remain stalled in Congress. Beyond the reserve issue, the report reaffirms support for the administration’s existing legislative priorities.

It highlighted the recently enacted GENIUS Act, which sets regulatory standards for stablecoin issuers, and follows the progress of the Clarity Act, an expansive bill governing crypto market structure, now under Senate consideration after passing the House.

The report also encouraged federal regulators, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), to use their current authority to facilitate digital asset trading, even as legislative work continues.

A separate section outlines tax reform proposals aimed at easing the compliance burden for crypto users. These include thresholds that exempt low-value transactions from capital gains taxes and updates to how staking rewards are treated for tax purposes, policies long championed by Lummis and other digital asset advocates.

Officials described the report as a framework for measuring progress under President Trump’s crypto agenda. While the document consolidates months of regulatory efforts, it leaves key questions unanswered, particularly around the future of federal crypto stockpiles.

The post Trump administration unveils detailed crypto policy but shrouds Bitcoin reserve in mystery appeared first on CryptoSlate.

The White House just dropped one of the most anticipated crypto policy reports in years—and while it delivers sweeping recommendations and regulatory clarity, it’s what’s missing that has the entire industry talking. Despite President Trump’s earlier executive order establishing a Strategic Bitcoin Reserve, the new report makes no mention of it. Instead, it focuses on turbocharging innovation, handing more power to the Commodity Futures Trading Commission, and drawing a hard line against central bank digital currencies. For a report meant to shape the future of crypto in the US, this omission is both puzzling and revealing. Here's what it actually says, what it doesn't, and why it all matters.

The Big Reveal, Minus the Bitcoin Reserve

After months of anticipation, the Donald Trump administration finally dropped its comprehensive report on digital asset markets. The headline? Sweeping reform proposals, strong pro-crypto language, and calls for regulatory clarity. But one major detail is conspicuously missing: any mention of the long-promised national Bitcoin reserve.

This absence is surprising, especially after Donald Trump’s executive order in March that formally called for a Strategic Bitcoin Reserve and a separate digital asset stockpile. Many expected this report to outline how that plan would unfold. Instead, the administration focused on regulatory overhaul, stablecoin integration, and clearing a path for new financial products.

What the Report Actually Covers?

According to Bloomberg, the crypto policy report is the product of the Working Group on Digital Asset Markets, created by Trump’s January executive order. It lays out policy recommendations across nearly every aspect of crypto markets—from trading and custody to banking access and taxation.

Top of the list is a push for Congress to pass the Digital Asset Market Clarity Act. The aim is to hand the Commodity Futures Trading Commission authority over spot markets for non-security digital assets. This would fill a long-standing regulatory gap between the CFTC and the SEC and streamline oversight.

The report also calls for both agencies to use their existing powers immediately. No more waiting. The SEC and CFTC are urged to clarify rules around registration, custody, trading, and recordkeeping to accelerate the legal entry of digital assets into the broader financial system.

Fast-Tracking Innovation Without Bureaucracy

Another major theme is reducing the friction that crypto startups and institutions face. The working group recommends safe harbors and regulatory sandboxes to let financial products reach consumers without being buried in red tape. The tone is clear: innovation should not be stalled by outdated processes.

The group also touches on decentralized finance, or DeFi. While specifics are limited, the report supports embracing these technologies through measured regulatory guardrails, not blanket bans.

A Green Light for Stablecoins, a Red Light for CBDCs

The Trump administration has clearly drawn its line in the sand. The report supports the use of US dollar-backed stablecoins, calling them strategic tools that reinforce the global position of the US dollar. In fact, Trump recently signed the first congressional bill to regulate stablecoins, which the industry views as a massive step toward mainstream adoption.

On the other hand, the administration stands firmly against the idea of a US central bank digital currency. The report backs an Anti-CBDC Surveillance State Act aimed at permanently blocking CBDCs in the United States.

Banking and Tax Policy: Fixes Are Coming

Banking remains a major hurdle for crypto firms. The report demands more transparency in how institutions can obtain bank charters and access master accounts. It also pushes regulators to spell out what bank activities are permissible when it comes to stablecoins and blockchain use. Capital rules, the report notes, need to reflect the unique risks of digital assets, not treat them like traditional loans or securities.

On the tax front, the recommendations are sweeping. The working group wants digital assets to be treated as a new class under tax law, with modified rules that mirror those used for securities or commodities. It also calls for new legislation that would apply wash sale rules to crypto, eliminating tax loss harvesting loopholes that traditional securities cannot exploit.

The Treasury and IRS are also urged to issue updated guidance on crypto-related issues, including staking, mining, corporate taxation, and de minimis rules for small crypto payments.

Where’s the Bitcoin Reserve?

This is the part that raises eyebrows. Trump had made it clear back in March that the US would establish a Strategic Bitcoin Reserve. That executive order didn’t just float the idea—it formalized it. Many insiders expected this report to include timelines, acquisition methods, or at least strategic goals.

Yet the reserve is nowhere to be found in the fact sheet or policy overview. That silence is loud, and it’s bound to trigger speculation across the market. Is the plan delayed? Is it tied to other pending legislation or budget cycles? Or is the administration holding back details for a more dramatic reveal?

Prediction: The Bitcoin Reserve Is Still in Play

This report is not the end. It’s a playbook for where US digital asset policy is headed, and it's heavily tilted toward pro-growth, pro-innovation strategies. But the missing Bitcoin reserve reference suggests it may be spun off into a separate process—possibly something more classified, or strategically timed closer to budget announcements or international negotiations.

One thing is clear. With Trump now fully leaning into crypto, regulatory certainty is finally on the table. Stablecoins are getting legal infrastructure. Tax rules are being modernized. DeFi is being cautiously welcomed. And while the Bitcoin reserve is absent for now, the broader framework signals a tectonic shift in how the US plans to lead the global crypto race.

The Golden Age of Crypto may be coming—but it’s not arriving with a Bitcoin reserve… yet.

Shiba Inu price is back in the spotlight, but not for the usual hype. In the last 24 hours alone, over 600 million SHIB tokens were burned, sending the coin burn rate soaring by more than 16,000 percent. That sounds like a bullish headline, yet the price is still drifting lower. As August approaches, traders are asking a tougher question: is this just another retracement or could SHIB price actually be heading toward zero? Let's unpack what the chart says and how this record-breaking burn event might shift the odds.

Shiba Inu Price Prediction: What Does the SHIB Price Chart Say?

The SHIB price daily chart is giving mixed signals. Price action has just slipped below the 20-day moving average after failing to hold above the Fibonacci 0.5 level, currently near 0.00001350. That’s not great news for bulls. There is visible weakness as the candles move toward the lower Bollinger Band, which often suggests bearish momentum building up.

The rejection at 0.00001550 was firm, and the support at the 0.382 Fibonacci level is now looking shaky. The 0.236 zone near 0.00001250 is the next test. If that breaks, the path to 0.00001100 opens quickly. If volume spikes downward, panic selling could drag SHIB down even further. On the flip side, the presence of Fibonacci levels and the compressed Bollinger Band range hints at a possible breakout in either direction. The current sideways drift is a holding pattern, not a collapse yet.

Is the Coin Burn Actually Working?

More than 600 million SHIB tokens were burned in a single day, a number that would have made headlines a year ago. But now, it’s part of a bigger shift. The burn rate shot up by over 16,000 percent, largely due to one anonymous wallet sending 600 million tokens into the void.

That’s not just a one-off stunt. Shiba Inu’s burn mechanism through Shibarium is actively linking transaction volume with deflation. The more the network is used, the more tokens disappear. Supply is getting squeezed, and the chart is not yet reflecting the full impact of this.

Burning tokens permanently reduces the total supply in circulation, and in theory, that should increase the value of the remaining coins—assuming demand stays the same or grows. In SHIB’s case, the latest burn wiped out over 600 million tokens in one day, which is a substantial hit to supply. 

But the price has not jumped because burns alone do not guarantee a price move. The market still needs strong buying interest, volume, and broader momentum. 

What the burn does achieve, though, is shift the long-term dynamics. It sets a floor under the price by gradually tightening supply, especially as the Shibarium network continues linking transaction activity to automatic burns. If SHIB holds its user base and grows network usage, these regular burns will eventually apply pressure that favors price appreciation.

Why Aren’t Prices Exploding Yet?

Token burns do not create price surges overnight. They work like slow poison to inflation. The market knows SHIB’s supply is shrinking, but it wants confirmation through higher demand or a macro crypto rally. Without those, the price can still dip even with aggressive burns.

Right now, the SHIB burn story is a strong narrative, but it’s fighting against technical resistance and overall market fatigue. If Bitcoin or Ethereum shows weakness, SHIB will likely follow regardless of fundamentals. This is a meme coin that reacts quickly to sentiment shifts.

Shiba Inu Price Prediction: Could SHIB Price Actually Crash to Zero?

No, not in August. Let’s be realistic. A complete crash to zero requires an ecosystem collapse, developer abandonment, or regulatory intervention. None of that is happening. What SHIB price might face is another 15 to 25 percent slide if it breaks the 0.00001250 support. But zero is not on the table right now.

If anything, the aggressive burn activity is giving SHIB a parachute. As long as that continues and SHIB’s developers stay active, this coin will keep floating.

Final Take

SHIB price is down but not out. The price is in a short-term correction, with risk of further drop if it fails to hold 0.00001250. But with over 600 million tokens wiped out in a single day, the burn engine is kicking into gear. That does not mean a moonshot, but it does mean Shiba Inu price has a defense mechanism.

So, will SHIB price crash to zero in August? Highly unlikely. Could it bleed lower before finding a base? Very possible. Keep an eye on that 0.00001250 level. If it holds, the bulls might get another chance. If not, buckle up.

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What Is CoinTracking and Why Crypto Tax Reporting Matters

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CoinTracking Features for Crypto Portfolio Tracking and Tax Calculation

Track Over 36,000 Coins and Connect 300+ Exchanges

CoinTracking supports a massive range of assets—from Bitcoin and Ethereum to NFTs and obscure altcoins. You can connect your wallets and exchanges through APIs or upload CSV files, making it easy to track all your crypto trades in one place.

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Automated Trade Importing and Real-Time Portfolio Sync

Once linked, CoinTracking automatically imports your transactions, calculates profits/losses, and updates your portfolio in real time. Whether you're using Binance, Coinbase, Kraken, or any DeFi wallet, CoinTracking makes sure you’re always up to date.

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Crypto Tax Reports for Over 100 Countries – Including EU-Specific Rules

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Crypto Portfolio Analytics and Reports for Smarter Decisions

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Linea Launches the Most Ethereum-Centric Layer 2 Yet

Linea is rewriting the rules of Layer 2 design — not by mimicking Ethereum, but by becoming its most natural extension. In its latest announcements, Linea introduced a bold framework featuring native ETH yield, protocol-level ETH burn, and an Ethereum-native Consortium to manage the largest ecosystem fund in L2 history.

With more than $100B in $ETH staked and over $25T in transaction volume, Ethereum is already the world’s dominant settlement layer. Now, Linea aims to accelerate Ethereum's dominance by offering aligned economics, capital efficiency, and unparalleled developer incentives.

First-Ever ETH Burn on a Layer 2

In a move that directly benefits the Ethereum mainnet, Linea becomes the first L2 to burn ETH at the protocol level. Specifically, 20% of all net transaction fees (paid in ETH) will be burned — permanently reducing ETH supply, supporting Layer 1 value accrual, and driving long-term ETH value.

This mechanism is a first among rollups and highlights Linea’s commitment to reinforcing Ethereum’s economic model, not extracting from it.

Bridged ETH Will Earn DeFi Rewards

Unlike most L2s that idle bridged ETH, Linea introduces native ETH yield. ETH deposits on Linea will earn staking rewards, which are distributed to liquidity providers (LPs). LPs also benefit from returns across DeFi activity on the network, creating some of the best risk-adjusted returns in crypto.

This means users no longer have to choose between capital efficiency and yield — Linea delivers both.

A $100B Ecosystem Fund with Ethereum-Aligned Distribution

Linea is also launching the largest L2 ecosystem fund to date — with 85% of tokens going to the community:

• 75% toward builders and ecosystem development
• 10% for early users
• 15% to the ConsenSys treasury, with a 5-year lockup

There are no insider allocations. No private rounds. No value extraction. Just Ethereum-aligned incentives, echoing the Genesis spirit of ETH’s original launch.

Managed by the Ethereum-Native Consortium

The newly formed Linea Consortium will oversee fund allocation and governance. Founding members include:

• EigenLayer
• ENS Domains
• SharpLink
• Status
• ConsenSys

This group consists of projects that already strengthen Ethereum’s infrastructure — and more members are expected to join soon.

Linea’s Vision: Where Ethereum Wins

Linea combines full Ethereum equivalence (same dev tooling, same opcodes) with ETH as the native gas token, ETH burns, capital-efficient mechanics, and ecosystem-first tokenomics. This makes it the most Ethereum-aligned L2 in existence — one where both technology and economics serve Ethereum first.

Dogecoin Recent Price Action: Why did Dogecoin Crash?

$DOGE began the session at $0.240, rallied to $0.248, then plunged during heavy U.S. trading hours, hitting a low of $0.223. A late rebound lifted the price back to $0.226, indicating that buyers were accumulating near the support zone. Notably, volume during the sell‑off spiked to 918 million, more than 2× the 24‑hour average. This indicates that large players may have triggered stop‑loss orders, which could create a base for recovery if demand returns.

Looking at the past 7-days, the chart looks even grimmer, with more than -18% losses.

DOGE/USD price chart in the past week - TradingView

Technical Outlook for Dogecoin Price

Dogecoin Price Prediction: Important Levels to Watch

Given the heavy sell‑off and subsequent bounce from the $0.223 area, the near‑term outlook is cautiously optimistic. If DOGE holds above $0.223 and can reclaim $0.241, the price could retest $0.260 within days. However, failure to maintain support may send it toward the $0.215–$0.218 range. Investors should monitor U.S. inflation data and Federal Reserve commentary, as macro headwinds may prolong volatility.

How to Trade Dogecoin?

• Identify your exchange – Compare fee structures and liquidity using our exchange comparison guide.
• Monitor price levels – Watch the $0.223 support and $0.241 resistance zones closely.
• Understand the asset – For new traders, read up on blockchain basics to appreciate the technology behind DOGE.

For live pricing and charts, visit the DOGE price page.

A 22-year-old cybercriminal is going to prison after making nearly $800K by hijacking prominent X accounts to share NFT-swiping scams.

Ethereum is set to undergo a spree of upgrades and battle quantum computing, as advocates see it becoming the "base layer of the future global economy."

Crypto trading revenue fell sequentially to $160 million from $252 million.

A node issue disrupted the network for 11 hours in 2022.

The proposal was one recommendation featured in a 168-page digital assets report published by the Trump administration on Wednesday.

Crypto market today: key points

Bitcoin has seen its open interest decline by 1.32% over the last 24 hours

BlackRock’s Ethereum stash now worth over $11,400,000,000

Ether is turning into a fledging tech stock from the 90s, according to Bloomberg analysts

Here's who will be the keynote speaker at the Swell 2025 conference that will take place in early November

Bitcoin’s first bull run turned heads when it jumped from under $1 to over $1,000 in just a few years, creating an entirely new class of millionaires. That historic surge became the benchmark for what’s possible in crypto. Now, analysts believe a new altcoin could match — or even surpass — those legendary returns.

With that in mind, it’s no surprise that investors are keeping a close eye on emerging projects like MAGACOIN FINANCE, which has been gaining serious momentum as presale rounds continue to sell out rapidly.

Could History Repeat Itself, But Bigger?

What made Bitcoin’s early run so remarkable was how unexpected it was. There was little infrastructure, almost no mainstream attention, and yet the price skyrocketed. Fast forward to today, and the market is more mature — but the hunger for early-stage gems is stronger than ever. Crypto experts are now looking at key on-chain signals, presale velocity, and social buzz to identify which tokens might replicate Bitcoin’s breakout performance.

A New Contender on the Block That is Shaking Up the Market

MAGACOIN FINANCE is drawing intense comparisons to Bitcoin’s early days — not in price, but in ROI potential. Already, the project’s presale rounds have filled at unprecedented speed, sparking predictions of a 60x to 100x return once it hits top-tier exchanges. With a capped supply and strategic listing roadmap, many believe MAGACOIN FINANCE could turn a $100 investment into tens of thousands, if current momentum holds. Unlike meme coins that rose on hype alone, this project is backed by a growing ecosystem and long-term utility plans.

Why This Cycle Could Be Even Bigger

Unlike 2011 or 2013, the current market has deep liquidity, widespread access, and an investor base ready to act. Platforms like Solana, Ethereum, and others have already laid the infrastructure that early Bitcoin never had. This makes it easier than ever for explosive growth stories to unfold rapidly — often within months rather than years.

If MAGACOIN FINANCE is any indicator, the market could be entering a phase where early participation delivers outsized gains — just like Bitcoin once did, only at an accelerated pace.

Conclusion

Bitcoin’s first bull market was legendary, but the conditions today are primed for even bigger opportunities. As attention shifts toward high-velocity presales and altcoins with solid fundamentals, MAGACOIN FINANCE stands out as a serious contender. For those who missed Bitcoin’s first rally, this might just be the next best shot.

To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance

The post Experts Say This Altcoin Will Bring More Profit Than Bitcoin’s First Bull Run appeared first on Blockonomi.

TLDR: 

• XRP price level at $1.80 remains the foundation for a potential breakout toward wave 3 targets.
• Analysts eye $6–$24 if XRP confirms wave 3, with $4–$5 as a key intermediate zone.
• ETF speculation and regulatory clarity could accelerate XRP’s next major rally.
• Traders watch $1.382 Fibonacci as the last barrier before XRP’s confirmed bullish phase.

XRP is holding above critical support levels, and traders are closely monitoring the situation. After years of grinding sideways, the price finally broke above a key range. 

Analysts believe this move could set off one of XRP’s strongest rallies yet. Some see the coin entering a powerful Elliott Wave phase that historically brings sharp, vertical moves. But there’s still a chance for a brief pullback before the next leg higher.

XRP Price Holds While Market Awaits Breakout Confirmation

Hov, a top analyst, pointed to the $1.80 level as the foundation for XRP’s price run. 

He noted that XRP already cleared this base structure, signaling the early stages of a macro impulse wave. His chart shows two possible paths: an immediate surge in wave 3 or a short-lived sideways correction.

$XRP

Looking solid off our 1.8 level with a slight break to the upside of our base channel (threaded)

It makes me lean towards the 3 of 3 of 5 here

But, I am leaving the door open for the sideways correction in yellow

Once we break the 1.382 level then I would take yellow off… pic.twitter.com/UGNOOwAPnJ

— Hov (@HovWaves) July 30, 2025

The bullish scenario places XRP in wave 3 of 3, often one of the strongest stages in Elliott Wave theory. If confirmed, it could push prices to $6, then $12, before eventually targeting $17 to $24.

Hov also allowed for a corrective scenario if XRP stalls below the 1.382 Fibonacci extension, roughly near the $4 to $5 range. In that case, XRP might pull back toward $1.80 to $2.20 before resuming its climb. This would not change the broader bullish outlook, but it could delay the breakout move.

XRP is trading at $3.09, according to CoinGecko. It’s down 0.53% in the past 24 hours and 1.61% over the past week, but traders remain focused on the bigger picture.

XRP ETF Speculation Adds Fuel

Market watchers like Daisy and Cas Abbé argue that the upcoming launch of spot XRP ETFs and the end of the SEC battle could act as major catalysts. 

They point out that XRP has remained relatively stable against Bitcoin for nearly seven years. If it breaks out from this structure, some believe it could reclaim its place among the top two coins this cycle.

XRP/BTC has now been consolidating for almost 7 years now.

The SEC case is over, and XRP spot ETFs are coming.

This might be the catalyst which could result in a breakout.

And once that happens, $XRP will rally like Q4 2024.

And maybe, it could go from top 3 to top 2 coin… pic.twitter.com/rKnjiVlL3I

— Cas Abbé (@cas_abbe) July 30, 2025

 For now, $1.80 remains the level to watch. A decisive move above the 1.382 extension would clear the last major hurdle and confirm the bullish path. Until then, XRP stays coiled, and traders are waiting for the spark that could send it into its strongest rally yet.

The post XRP Price Stays Firm as Analysts Map Wave 3 Path Toward These Targets appeared first on Blockonomi.

TLDR:

• DOGE trades near $0.2182, holding above its 200-day SMA and EMA support levels.
• A golden cross fuels optimism with targets up to $0.3763 if momentum holds.
• JavonMarks sees a 226% rally possible if DOGE reclaims its all-time high.
• Daily closes above $0.213 may confirm strength, while $0.207 risks breakdown. 

Dogecoin is standing at a make-or-break level. After weeks of sliding prices, the coin is now circling its 200-day moving averages. Traders are watching closely because these levels often decide the next big swing. 

A strong push higher could fuel a fresh rally. A slip below, however, might send it tumbling again.

Dogecoin Price Hovers Near Critical Levels

Daan Crypto Trades pointed out that Dogecoin is clinging to its 200-day simple and exponential moving averages. 

His chart shows the price trading at $0.2182, only a touch above the $0.21384 200-day SMA and $0.20763 200-day EMA. Historically, clean breakouts here often launch multi-week runs. But fakeouts below these levels have also led to sharp drops.

$DOGE Loves trading around its Daily 200 Moving Average and Exponential Moving Average.

Generally, a breakout and retest is met with strong continuation.

Just like a bearish retest from below is usually followed up by another leg down.

Let's see how this time ends up playing… pic.twitter.com/3VxLENKwdX

— Daan Crypto Trades (@DaanCrypto) July 30, 2025

According to Daan, holding above these lines is key. He noted that daily closes will either confirm strength or warn of another leg down. For now, Dogecoin’s price is stuck in the middle, making the next few sessions crucial.

Joe Swanson added another layer to the debate. He pointed to a fresh golden cross on Dogecoin’s daily chart. This signal often marks the start of bullish momentum. He also mentioned a confirmed double bottom and even put 75% odds on a Dogecoin ETF.

While optimistic, he tied these signals to one target: $0.3763. That would be nearly a 70% climb from the current price. For many traders, the golden cross is the one thing holding the bullish case together.

Bigger DOGE Price Moves on the Horizon

JavonMarks took a longer view. He compared today’s setup to past bull runs where Dogecoin surged hundreds of percent. 

In his analysis, the coin could push 226% to reclaim its all-time high at $0.73905. Beyond that, he mapped out levels at $1.42 and $2.11, mirroring past price cycles.

Based on similarities to previous bull runs, the likeliness of $DOGE pushing over +226% from here to reach and break above the All Time High at $0.73905 is EXTREMELY HIGH!

History also points to Dogecoin climbing above the $1.42 and $2.11 levels after, which is increase of more… pic.twitter.com/knJOk6VGfQ

— JAVONMARKS (@JavonTM1) July 30, 2025

Yet for all the bold projections, traders remain cautious. CoinGecko data shows Dogecoin has dropped 1.09% in the last 24 hours and 10.53% over the past week. The price may need a decisive daily close above $0.213 to shift momentum.

Dogecoin’s battle at its 200-day lines is far from over. If it holds this zone, the bullish case strengthens. But if it slips back under $0.207, the setup likely fails. Traders will keep watching the next two to three daily closes for answers.

For now, the memecoin market’s biggest player is simply waiting for its next move.

The post Golden Cross Hits DOGE, But Can Price Stick Above $0.213? appeared first on Blockonomi.

TLDR:

• Fed kept rates at 4.25–4.5% for the fifth straight meeting, citing sticky inflation.
• Bitcoin dipped below $116K after Powell warned against premature rate cuts.
• Two FOMC members pushed for a cut but failed, showing cracks in consensus.
• Liquidity backstops stay active as traders await July jobs data for cut signals.

The Federal Reserve left interest rates unchanged. That’s the fifth straight hold, and traders are feeling the pressure. Crypto markets moved fast, with Bitcoin and Ethereum leading a sharp drop. 

Jerome Powell pointed to steady jobs, stubborn inflation, and data still too mixed for cuts. For now, the wait drags on, and risk assets are paying the price.

Bitcoin Falls as Fed Stays Cautious

The FOMC decision kept the federal funds rate locked between 4.25 and 4.5 percent. Powell said growth cooled in the first half of 2025 but remained stable. He also stressed that inflation still sits above the Fed’s 2 percent goal.

Crypto reacted instantly. Bitcoin slid below 116,000 dollars, shedding 2 to 3 percent in hours. Ethereum and other altcoins dropped around 3 percent. On X, traders blamed “tight policy pressure” for what one called a “waterfall sell-off.”

FOMC Update: No Rate Cuts – Powell Keeps Markets on Edge!

The Federal Open Market Committee (FOMC) meeting ended with no changes to monetary policy; interest rates remain at 4.25-4.5%, the fifth consecutive hold.

Fed Chair Jerome Powell noted the US economy is… pic.twitter.com/e7drabkJ1f

— IT Tech (@IT_Tech_PL) July 30, 2025

Powell avoided any firm signal on rate cuts. He explained that September’s decision would depend on incoming data. He also underlined that the Fed remains independent despite political calls for faster easing.

EndGame Macro pointed out that two FOMC members even pushed for a cut but didn’t win the vote. That split, while small, signals the first cracks in what has been a united front. Powell, however, stood firm, insisting that inflation control still comes first.

Hidden Liquidity Moves Behind the Scenes

While rates stayed frozen, liquidity tools are quietly at work. The Standing Repo Facility remains capped at 500 billion dollars, effectively offering banks a safety valve. 

EndGame Macro described this as the Fed’s “silent backstop,” especially as quantitative tightening continues to drain cash.

The Fed unsurprisingly kept rates on hold at 4.25–4.5%, but the real story is what they did and didn’t say about liquidity. On the surface, the statement reiterated familiar language with inflation still above target, labor market still solid, and uncertainty still high. But… https://t.co/ioN6sq5ZGU pic.twitter.com/BjZLTP1BWP

— EndGame Macro (@onechancefreedm) July 30, 2025

Traders now look to the July jobs report for the next clue. A softer labor market could raise cut odds. If that happens, crypto could find relief. But for now, the pain is clear, and risk-heavy assets like Bitcoin remain under pressure.

The post Fed Holds Rates Again as Crypto Cracks Under Tight Policy appeared first on Blockonomi.

TLDR:

• Curve DAO could hit $30 if an extended third wave forms after consolidation.
• A realistic $6 target fits Fibonacci levels and measured price action.
• Analyst plans staged exits at $2, $3, and $6 to secure profits.
• Strict selling discipline aims to avoid emotional trading mistakes.
  

Curve DAO (CRV) is attracting the market’s attention again. Prices are climbing, but traders are asking the same question. How far can this rally go? 

One top analyst has broken it down into two clear paths and an exit plan built for survival. The approach is cautious and realistic and aimed at avoiding the trap of giving profits back to the market.

Curve DAO Price Scenarios Split Between $6 and $37

The Mental Trader, a crypto analyst on X, outlined two possible Elliott Wave scenarios for CRV. 

In his optimistic view, CRV could reach $30 or even $37 if the current structure plays out with an extended third wave followed by a final push higher. He noted that this would come only after a long consolidation phase in the fourth wave.

$CRV
EW Cycle Targets — optimistic vs realistic, and my exit plan! have a good read!

No one denies how bullish CRV is, but how high could it go, though? 2 only scenarios I can see.

1st chart below shows scenario 1, where CRV could reach up to $30+ if we look at this count as 1… pic.twitter.com/UjNyz677LD

— The Mental Trader (@Real_Crypto_Mil) July 30, 2025

However, his second scenario looks far more grounded. Here, CRV’s third wave peaks around $2.13, followed by a brief pullback before a final push to roughly $6.40. 

According to his analysis, this target fits the typical Fibonacci levels and reflects a more realistic progression of price action.

At press time, CRV trades at $1.02 with $411 million in daily volume, according to CoinGecko. 

The token has gained nearly 4 percent in the last 24 hours and 8.8 percent over the past week. Traders now watch for a break above the $2 level, which the analyst considers his first key profit-taking zone.

Beyond that, he plans gradual exits at $3 and $6. Any move past $6 would leave him holding only a small portion of his position, ready for either double-digit prices or a stop at the next sign of weakness.

A Strict Exit Strategy

Rather than chasing unrealistic highs, the analyst favors a disciplined dollar-cost averaging approach for selling. He warned that traders often fail to take profit because of fear or greed. 

His plan: exit in stages, avoid re-entering with profits, and let the market run its course.

He reminded his followers that the market rarely gives second chances. “If you are not strict with your targets, you will find it hard to sell,” he said.

Curve DAO’s path may split between two very different outcomes, but the strategy is clear. Set levels, stick to them, and walk away when the job is done.

The post Curve DAO Price Prediction: Top Trader Shares Optimistic and Realistic Scenarios appeared first on Blockonomi.

eToro revealed its expanded product roadmap in a global webinar on Tuesday, highlighting three key developments as the company moves toward a “tokenized future.”

Part of that move is the expansion of its current stock trading to include an initial list of 100 of the most popular US-listed stocks and exchange-traded funds that will be tokenized and available to trade 24 hours a day, five days a week.

This allows users to trade traditional equities around the clock, responding to market events in real-time.

Stocks Tokenized on Ethereum

eToro co-founder and CEO Yoni Assia emphasized the company’s long-term belief in tokenization, citing blockchain’s potential to facilitate “the greatest ever transfer of wealth” as traditional assets move onto distributed ledger technology.

“We’ve been long-term believers in a tokenized future. Blockchain technology will facilitate the greatest ever transfer of wealth, as traditional assets are tokenized and moved onto the blockchain.”

He added that new regulations, such as MiCA in Europe and the passing of the GENIUS Act in the US, “make the tokenization of real-world assets a new opportunity to create digital assets that are legally backed and regulated.”

The US-listed equities will be launched as ERC-20 tokens on the Ethereum blockchain with the longer-term goal to tokenize every asset on the platform eventually, said Assia.

“Our goal is to tokenize every asset on eToro – starting with stocks – enabling our users to move tokenized assets onto the blockchain and from there integrate them into the broader DeFi ecosystem.”

Just dropped:

24/5 trading on 100 popular US stocks.

Start trading around the clock.

— eToro (@eToro) July 29, 2025

The move follows rival platform Robinhood, which launched tokenized versions of over 200 US stocks and ETFs for European customers in late June.

RWA Ecosystem Outlook

It is no surprise that Ethereum was selected as the blockchain of choice for eToro’s tokenized stocks, as it is the industry standard.

The total value on-chain for tokenized real-world assets is around $21.4 billion, and 55% of that is on Ethereum, according to RWA.xyz.

RWA tokenization value has surged 35% since the beginning of the year, and the trend is set to continue with big banks such as JPMorgan and large trading platforms like eToro and Robinhood getting in on the act.

Ethereum is likely to be the ultimate beneficiary, as pointed out by industry experts and executives who are increasingly eyeing Ether treasuries.

The post eToro to Launch Tokenized Stock Trading on Ethereum  appeared first on CryptoPotato.

The cryptocurrency market continues to range without a definitive trend. But certain coins are experiencing a surge in social media discussion.

According to Santiment, Solana, Ethereum, Stellar, and Tron appear to be dominating social media chatter.

Dominating Crypto Conversations

Solana (SOL) leads the current trend, with discussions increasing due to a combination of high-profile institutional activity, ongoing developments in decentralized finance (DeFi) and non-fungible tokens (NFTs), and regulatory updates.

Notably, ARK Invest and Invesco Galaxy have filed for Solana exchange-traded funds (ETFs), and ARK Invest has reportedly made large treasury purchases and staking commitments on the Solana network.

The US Securities and Exchange Commission (SEC) recently delayed its decision on the Grayscale Solana Spot ETF until October 2025, which has also fueled further interest.

Meanwhile, comparisons between Solana and Ethereum or Coinbase’s Base network are also part of the broader narrative. Concerns about scams involving Solana wallets and upcoming decentralized exchange launches have added to the mix.

Ethereum (ETH) is also trending across multiple platforms, each with distinct points of focus. On Reddit, conversations have centered on scams involving fraudulent wallets. Users have shared stories about being tricked into sending ETH.

Telegram groups, on the other hand, are filled with broader discussions about Ethereum’s foundational role in the smart contract space. This includes its influence on staking, DeFi protocols, NFTs, Layer 2 scaling solutions, and expanding institutional adoption. Meanwhile, Twitter is abuzz with celebrations of Ethereum’s 10th anniversary.

Next up is Stellar (XLM), which has gained traction amid discussions focused on its price movements and broader market behavior. Technical analysis chatter includes patterns like golden crosses and support levels, while comparisons to XRP have resurfaced among community members.

Santiment found that confusion over wallet compatibility, token issuance, and balances, especially concerning Stellar and Binance Smart Chain (BSC), is also driving interest in the token’s transparency and distribution metrics. Mentions of VELO token activity on Stellar’s network have also contributed to XLM’s presence in trending conversations.

Tron (TRX) is highlighted for its dominant role in stablecoin transfers, particularly USDT on the TRC20 network. Users are discussing its advantages, such as zero gas fees and fast transactions, as well as the $1 billion fundraising plans for a TRX-centric crypto treasury by Tron Inc.

Vine and Omni’s Social Media Momentum

Other crypto assets such as Vine (VINE) and Omni (OMNI) are also seeing strong social traction. OMNI is being talked about for its massive price gains, including a 1218% return for some traders and a 117% spike on the ZEDXION exchange. Listing on Upbit has added to the traction.

Vine (VINE), meanwhile, is a lesser-known but rapidly trending token. It has drawn significant attention due to its heavy use in trading contexts such as shorting and scalping. Much of the excitement is being driven by Elon Musk’s recent tweets referencing “Vine AI,” as well as large-scale purchases by crypto whales and new listings on trading platforms.

The token has witnessed a notable price surge and increased trading volume. However, traders are also expressing caution and have warned of possible short-term pullbacks due to the token’s meme coin status and volatility.

The post SOL, ETH Dominate Crypto Conversations Across Platforms: TRX, XLM Follow Suit appeared first on CryptoPotato.

The cryptocurrency market is cooling off after a brief period of short-term overheating. Unlike prior cycles, CryptoQuant believes that the current overheating is smaller in scale and duration.

This means that Bitcoin could face a limited short-term dip in the near future.

Crypto Market Cools Off

The data focuses on the proportion of Bitcoin held for just 1 day to 1 week – an important metric that hints at market froth. While previous corrections in March-October 2024 and January-April 2025 followed more intense and prolonged overheating phases, the current one appears less severe and shorter in duration.

Given that the recent price uptick was relatively modest, CryptoQuant expects any near-term correction to be milder and shorter-lived. The analysis stated that this is part of a healthy cycle. A potential uptrend could emerge in the second half of 2025, especially if macroeconomic conditions and market sentiment turn favorable. Overall, the findings point to temporary consolidation rather than a full-blown downturn.

Bitcoin is currently changing hands at $118K. But the recovery to this level has prompted long-term holders to offload some of their stash. This is similar to past distribution cycles. Simultaneously, short-term holders are also facing shrinking gains.

To top that, Matrixport also warned of a possible pause in Bitcoin’s rally as traders face key macro events, including Fed decisions and a White House report. Historical weakness in August and September may trigger profit-taking and sideways action, even as long-term momentum remains positive.

Bullish Setup Intact

Amid signs of a temporary market cooldown, Bitcoin Vector revealed that Bitcoin is currently testing a key resistance level. Despite this, the overall structure remains bullish but lacks strong momentum. As such, a confirmed breakout above $120.5K would validate the continuation of the upward trend, while $112.5K serves as critical support on the downside.

As long as Bitcoin holds this range, pullbacks may present buying opportunities.

The post Overheating in Bitcoin (BTC) Market Less Severe Than Past Correction Phases appeared first on CryptoPotato.

Despite US President Donald Trump’s countless pleas, the country’s central bank refused to lower the key interest rates.

The question is what will happen to BTC’s price even though this decision was highly anticipated.

SUMMARY OF FED DECISION (7/30/2025):

1. Fed leaves rates unchanged for 5th straight meeting

2. Fed voted 9-2 to keep interest rates unchanged

3. Indicators suggest growth of economy moderated

4. Inflation in the US remains “somewhat elevated”

5. Unemployment rate remains low…

— The Kobeissi Letter (@KobeissiLetter) July 30, 2025

As The Kobeissi Letter explained, the Federal Reserve officials were mostly against lowering the rates, which is evident by the 9-2 vote.

Interestingly, today’s decision by the Fed, although it was expected, comes after a positive GDP report by the US. As reported earlier, the country’s economy rebounded significantly in Q2 after the correction in Q1.

Trump has made numerous calls for the past several months, urging Fed Chair Jerome Powell to lower the interest rates, but to no avail. The POTUS once requested the biggest rate cut in history by three basis points.

After today’s Fed decision, Trump reportedly said that he “heard” the central bank will finally reduce the interest rates during the next meeting in September.

Bitcoin’s price, which is quite susceptible to the Fed’s actions, had calmed earlier today at around $118,000 in anticipation of the rate cut decision. Although it experienced some volatility in the hours ahead of the meeting and after the news went out, it now stands close to that level once again.

The post Fed Ignores Trump’s Plea to Cut Rates: How Will Bitcoin’s Price React? appeared first on CryptoPotato.

TL;DR

• Analysts point to certain indicators that suggest SOL could be poised for a rally in the near future. Some of the biggest optimists believe the price could soar to a new all-time high of $400.
• SOL’s RSI hovers just above 30, signaling oversold conditions. Combined with increased token withdrawals from crypto exchanges, this could reduce sell pressure and hint at a possible short-term recovery.

Buying Opportunity?

Solana’s SOL has declined by over 10% in the past week, currently valued at around $177 (according to CoinGecko’s data). However, the X user, Ali Martinez, estimated that the TD Sequential indicator has flashed a buy signal.

Buy the Solana $SOL dip, says the Tom DeMark Sequential indicator! pic.twitter.com/cyE5MR45DY

— Ali (@ali_charts) July 30, 2025

The analyst isn’t the only one with a bullish stance following the price drop. One X user claimed SOL “is setting the pace,” predicting a pump to as high as $400. 

“Ignore the noise. This isn’t hype, it’s a shift in momentum. Smart money isn’t chasing later – it’s positioning now. Solana season is real,” they added. 

BitBull thinks SOL’s current price performance resembles that of 2023, which was followed by a major breakout. The analyst argued that the activity in the Solana network is still strong, while institutional inflows “are coming.”

“All it needs now is a weekly close above $230, and SOL parabolic run will start,” the X user suggested.

AlejandroBTC stands in the opposite corner, claiming there’s no real momentum, while exit liquidity is “getting thinner by the day.” The analyst forecasted that SOL’s price could continue to plunge, warning investors that the altcoins are not in a bull market. 

Observing Other Metrics

Over the past several months, the shift of SOL tokens from crypto exchanges toward self-custody methods has been more than evident. This results in reduced immediate selling pressure.

Solana’s Relative Strength Index is the next technical analysis tool we will touch upon. It tracks the speed and magnitude of recent price changes and helps traders identify overbought or oversold conditions. The metric varies from 0 to 100, and ratios around or below 30 suggest SOL could be headed for a rebound, while anything above 70 is considered bearish territory. Currently, the RSI stands at just over 30. 

The post Solana (SOL) Plunges by 10% Weekly, But This Market Signal Says ‘Buy the Dip’ appeared first on CryptoPotato.