Day: July 21, 2025

Ethereum Surges Past $3,770 as NFT Revival Fuels 50% Monthly Rally

Posted on by Arslan Butt

Ethereum’s [[ETH/USD]] price has risen to $3,770, a strong 3% gain in the last 24 hours. This is happening at the same time as a big recovery in the NFT ecosystem, which has pushed weekly trading volumes to six-month highs. The second-largest cryptocurrency in the world has seen a huge 50% rise from its low of $2,525 on July 6. This shows that there is a strong link between network activity and price growth.

Ethereum Surges Past $3,770 as NFT Revival Fuels 50% Monthly Rally
Ethereum price analysis

The NFT market has come back strong, especially on Ethereum. In the past week, trading volume reached $75 million, a huge 300% rise from only two weeks ago when volumes were only $18.3 million. This spike is the most NFT activity we’ve seen since mid-January, which means that both institutions and regular people are once again interested in digital collectibles.

Ethereum Whale Activity Signals Institutional Confidence

Over the weekend, market sentiment got a big lift when an unknown whale bought 45 CryptoPunks NFTs in a single buying binge worth millions of dollars. This action at the institutional level drove the floor pricing of CryptoPunks up to almost $175,000, showing that there is a lot of demand for high-quality NFT assets and that people are generally confident in Ethereum’s ecosystem.

The whale activity happens at the same time that new rules come into effect. For example, Cboe BZX has filed for a PENGU token ETF from Canary Capital that would hold assets from the Ethereum-based Pudgy Penguins collection. The development of these kinds of products by institutions shows that Ethereum-based digital assets are becoming more widely accepted.

ETH/USD Technical Analysis Points to $4,000 Target

[[ETH/USD-graph]]

 

From a technical point of view, Ethereum’s present momentum looks like it will last because there are a lot of bullish signals that agree. The cryptocurrency has effectively broken over the daily resistance level at $3,730, which now serves as vital support for the continued rally.

The Relative Strength Index (RSI) on the daily chart is currently at 86, which is significantly over the usual overbought level of 70. This means that there is very strong bullish momentum. High RSI levels usually mean that there is a chance of short-term consolidation, but the strong purchasing pressure shows that there is strong demand underneath.

The MACD indicator still shows a bullish crossover that started in early July. The increasing green histogram bars above the neutral zero line show that bullish momentum is gaining strength, not losing it. This technical setup backs up the idea that prices will keep going up.

Ethereum Price Prediction: Bulls Target $4,000 Milestone

If Ethereum keeps going in the same direction and successfully holds the $3,730 level as support, technical analysis implies that it could move up to the $4,000 level, which is a psychological level. This is an additional 6.4% upside from current levels and would be Ethereum’s highest price point since December 2024.

The convergence of technical momentum, increasing network activity through NFT trading, and whale accumulation offers a favorable atmosphere for continued price rise. Traders should, however, keep an eye out for possible pullbacks, with the $3,000 level being seen as a major support level in any correction.

Market experts, like crypto trader Michaël van de Poppe, have called Ethereum’s rise “absolutely phenomenal.” They point out that while ETH has returned to its December highs, many altcoins are still 50–80% below their previous highs, which means that the whole ecosystem has a lot of room to grow.

Binance Boosts Confidence in BONK, PEPE, PENGU by Dropping Seed Tag

Posted on by Olumide Adesina

Binance has decided to remove the “Seed Tag” from key tokens like BONK, PEPE, Eigen Layer (EIGEN), Ether.fi (ETHFI), and Pudgy Penguins (PENGU). This change marks a significant shift in how the market perceives these digital assets and assesses risk.

The Seed Tag, which served as a warning label for traders about the higher risks of new or experimental tokens, has been removed. Its absence suggests that Binance’s internal evaluations indicate improved project development, operational stability, and liquidity, thus reducing perceived investor risk.

This change could heavily influence market dynamics; it is more than just symbolic. A wider range of investors, including institutional players who typically avoid high-risk assets, may now be attracted to tokens without the Seed Tag.

Furthermore, trading becomes simpler because traders no longer need to complete mandatory risk quizzes for these tokens, leading to increased daily volumes and market participation. This shift signals a move from experimental projects to more established ones, potentially encouraging broader adoption and trading activity.

The Binance Seed Tag functions as a risk management tool. Usually applied to projects that are experimental, early-stage, or have low liquidity, the Seed Tag prompts users to assess risks before trading. This system promotes due diligence and helps prevent poorly informed trading decisions.

Binance subtly indicates that these tokens have demonstrated sufficient project maturity and market resilience by removing the Seed Tag.

However, it is essential to remember that risks are not eliminated. Investors should continue to evaluate key factors such as market conditions, tokenomics, and project governance before making investment decisions.

XAU/USD: Gold Gains as Trade Woes, Political Spats Escalate

Posted on by Olumide Adesina

Gold buyers maintain their lead as the US dollar enters a consolidative phase after halting its late Friday rebound. Investors are awaiting US Federal Reserve (Fed) Chairman Jerome Powell’s speech on Tuesday for further trading cues.

The sentiment surrounding gold priced in US dollars will continue to be influenced by developments related to tariffs, as Monday’s data schedule is quiet. Traders also anticipate positive earnings reports from American tech giants like Alphabet Inc. later this week

Investors remain cautious about US President Donald Trump’s plans to impose tariffs on the European Union (EU), as the August 1 deadline approaches.

The resilience of the US economy was further demonstrated by solid June retail sales data, boosting the dollar on expectations that the Fed may not need to cut interest rates later this month.

Sticky inflation data for June also reduced bets on rate cuts, pushing the dollar to a 0.7 percent increase last week, its second straight week of gains.

Central banks continue to show high demand for gold. In May, global gold reserves increased by a net 20 tonnes, higher than the previous month but still below the 12-month average of 27 tonnes, according to the latest data from the World Gold Council.

Markets projected ongoing economic uncertainty and a desire to diversify away from the US dollar, central banks will likely continue adding gold to their reserves.
Spot platinum broke through a major resistance level this week, outperforming other precious metals and remaining above ten-year highs.

Spot platinum rose more than 5% this week, trading at about $1,490 per ounce.

This week, the white metal surpassed the $ 1,400 resistance level, which ANZ analysts say indicates further strength. Platinum prices hit an 11-year high as demand increased and concerns over shortages grew. Due to comparatively lower prices, traders shifted from bullion to other precious metals, causing platinum and silver to outperform gold so far in 2025.

Ethereum: ETH Surges Toward $4K on Rising Institutional Hype

Posted on by Olumide Adesina

Ethereum is nearing the $4,000 mark for the first time since late 2024, driven by heightened interest from institutional investors and cryptocurrency whales. On July 20, the blockchain analytics company Lookonchain reported that two newly established wallets had acquired 58,268 ETH, valued at approximately $212 million. These purchases were made from Galaxy Digital and FalconX, with speculation that the wallets belong to institutional investors

The altcoin has successfully surpassed the critical $3,500 resistance level, signaling a robust bullish trend fueled by whale buying, ETF inflows, and strong technical momentum. As Ethereum ETFs attract significant amounts of capital, institutional interest continues to rise.

The inflows from BlackRock’s ETHA ETF are particularly noteworthy, contributing to record-high total assets under management.

Additionally, on-chain analyst EmberCN highlighted another significant Ethereum acquisition by a different whale. This transaction involved the purchase of 13,462 ETH, or approximately $50 million, from Binance at an average price of $3,714.

SharpLink, the largest corporate holder of Ethereum to date, has maintained its aggressive accumulation of ETH.  The company acquired an additional 4,904 ETH. This brings its total monthly acquisitions to 157,140 ETH, valued at nearly $493 million, with an average acquisition price of $3,136.

XRP’s Real Supply: Why 85% is Unavailable in Market

Posted on by Olumide Adesina

Over 85 percent of the 100 billion XRP units in circulation are either locked, misplaced, or stored in dormant wallets, according to a startling analysis of the token’s actual supply published by blockchain engineer Vincent Van Code.

His findings cast doubt on widely held beliefs about the actual quantity of XRP available for settlements, payments, and liquidity.

 

Ripple has about 35.1 billion XRP in escrow. Although the company releases one billion tokens each month, it typically relocks nearly 800 million of those tokens back into escrow, limiting the amount of XRP available in the open market.

Ripple also holds 40.9 billion XRP outside of escrow, reserved for strategic projects like partnerships, incentives, and acquisitions. These tokens are not included in the supply available for institutional or public use. Additionally, Van Code states that 5–8 billion XRP are permanently unavailable due to early wallet abandonment and lost private keys.

Similar to Bitcoin, XRP has numerous dormant tokens unlikely to re-enter the ecosystem. Reports indicate early adopters and institutional investors own 20–25 billion XRP, most of which remain dormant, contributing to ongoing supply shortages. These holdings rarely influence daily liquidity and are mainly long-term.

Bitcoin Consolidates Above $117K, Traders Eye $125K Breakout

Posted on by Arslan Butt

Bitcoin [[BTC/USD]] is still around $117,000 after a week of indecisive trading, and traders are expecting a big breakout that may send the cryptocurrency up to $125,000. Even though it hasn’t changed much in the last 24 hours, technical analysts are seeing important patterns that imply Bitcoin is getting ready for its next big move.

Bitcoin Consolidates Above $117K, Traders Eye $125K Breakout
Bitcoin price analysis

BTC/USD Technical Analysis: Triangle Formation Points to $125K Target

Technical analysis shows that Bitcoin is trading in a triangular consolidation pattern, with firm support between $116,000 and $117,000. Marcus Corvinus, a well-known trader, pointed out the formation and said, “BTC is getting ready for a big move” as the triangular pattern nears completion.

The way things are now, Bitcoin is testing a key resistance trend line that has kept the cryptocurrency from reaching new all-time highs above $123,000. Corvinus’s study says that if the price breaks above this trend line, the next important price level to look for is $125,000.

But the way the technical setup is put up is risky for both sides. Corvinus says that if Bitcoin can’t stay above $116,000-$117,000, prices could drop to $111,000 or lower, which would be a 5–6% correction from where they are now.

[[BTC/USD-graph]]

 

Altcoin Rotation Continues as Bitcoin Consolidates

People are now paying more attention to other cryptocurrencies while Bitcoin is still in its consolidation period. For example, Ethereum (ETH) hit a seven-month high of over $3,750. Rekt Capital, an analyst, says that this sideways movement in Bitcoin is “facilitating further money flow into Altcoins,” which means that the cryptocurrency ecosystem is still changing.

The consolidation phase seems to be good for the market as a whole because it gives altcoins time to catch up and Bitcoin time to build a firmer base for possible upward growth. Many altcoins haven’t been able to match Ethereum’s recent gain, which means that the whole sector might still go up.

MicroStrategy’s Continued Accumulation Signals Institutional Confidence

MicroStrategy’s treasury holdings have grown to over $71 billion, and co-founder Michael Saylor has hinted at more purchases, which adds to Bitcoin’s technical picture. The corporation just bought 4,225 BTC for $472.5 million on July 14. This boosted its total holdings to 601,550 BTC, which means it has unrealized gains of more than $28.5 billion.

In the last month, MicroStrategy’s stock has gone up 21.52%, bringing its value to more than $118 billion. This is because institutional investors are looking for ways to participate in Bitcoin through regular investment vehicles. Being added to the Nasdaq 100 index shows that Bitcoin treasury techniques are becoming more popular with the general public.

Warning Signs: Record Miner Selling Pressure

Even though technical and institutional indications are pointing to a bullish trend, Bitcoin miners have sent out some worrying signals. Miners sent 16,000 BTC to exchanges on July 15, the most in a single day since April. This suggests that there is further selling pressure at the current price levels.

This large outflow shows that miners are taking advantage of Bitcoin’s recent advances. Total exchange inflows have gone up from 13,000 BTC a day to almost 58,000 BTC this week. Also, mid-range holders (those with 100 to 1,000 BTC wallets) have sold 3,000 BTC since mid-June, which shows that smart investors are taking profits.

Bitcoin Price Prediction and Market Outlook

Technical analysis shows that Bitcoin is at a very important point right now. The triangular pattern is almost done, which means a breakout is about to happen. The $125,000 goal is around 6% higher than where we are now. For this to happen, the trend line at $123,000 must be broken through.

On the other hand, if support doesn’t stay above $117,000, there might be a pullback toward $111,000, which would be a drop of 5% to 6%. The high amount of miners selling and the rise in exchange inflows point to short-term problems that could put pressure on prices.

Based on how the market is moving and how the technology is set up right now, it looks like Bitcoin is ready to make a big move in the next week or two. The combination of strong institutional buying from companies like MicroStrategy and expanding altcoin momentum makes the market more stable, but miners are selling more, which is a reason to be careful.

Daily Crypto Signals: Bitcoin Surges Toward $125,000, Ethereum Rallies to 7-Month Highs

Posted on by Arslan Butt

Bitcoin [[BTC/USD]] approaches a critical breakout above $118,500 with trader targets set at $125,000, while Ethereum [[ETH/USD]] surges past $3,750 for the first time since December amid one of crypto’s largest short squeezes. MicroStrategy signals another Bitcoin purchase as the company’s holdings exceed $71 billion in value.

Daily Crypto Signals: Bitcoin Surges Toward $125,000, Ethereum Rallies to 7-Month Highs
Latest crypto market news

Crypto Market Developments

The cryptocurrency market is still doing well in July 2025, with the overall market capitalization going over $4 trillion. Bitcoin’s share of the market has dropped to 61.4%, the lowest level since March, as traders move their money into other cryptocurrencies. This trend shows that people are becoming more confident in the crypto ecosystem as a whole, with institutional adoption reaching new heights through corporate treasury strategies and exchange-traded funds.

Even though there are signs of consolidation, the overall mood in the market is still positive. Social media measurements show that more and more people are buying things. The “GENIUS Act” has set up new rules for stablecoins that stop big digital companies and traditional institutions from taking over the market without having to meet rigorous structural requirements. This clear set of rules is likely to encourage more competition and new ideas in the digital asset industry.

Bitcoin Price Prediction: $125,000 Next Key Level to Watch?

[[BTC/USD-graph]]

 

Bitcoin (BTC) is holding steady around $118,500 as traders wait for a big breach above a critical resistance trend line. Technical analysts see a triangle pattern with solid support between $116,000 and $117,000, which means that the cryptocurrency is getting ready for its next big move. Marcus Corvinus, a well-known trader, says that if Bitcoin breaks out, it might reach $125,000. On the other hand, if it breaks down below support, it could drop to $111,000 or below.

MicroStrategy is still aggressively buying up Bitcoin, and co-founder Michael Saylor has hinted at another purchase through his usual social media tweets. The corporation has 601,550 BTC worth more than $71.4 billion, which means it has unrealized gains of over $28.5 billion. MicroStrategy’s stock has gone up 21.52% in the past month, bringing the company’s total value to over $118 billion. This corporate treasury technique has worked quite well. Bitcoin is becoming more and more a part of traditional finance, as seen by the fact that the company is now in the Nasdaq 100 index. This attracts institutional investors who can’t directly hold cryptocurrencies but want to participate in publicly traded companies that do.

Ethereum Crosses $3,750 on Sunday

[[ETH/USD-graph]]

 

Ethereum has done very well, rising above $3,750 to hit seven-month highs not seen since December 18, 2024. This amazing run has caused one of the biggest short squeezes in cryptocurrency history. Since July 1st, ETH has gained 20% in only one week and added more over $150 billion to its market capitalization. According to the Kobeissi Letter, a 10% rise in prices might cause another $1 billion in leveraged short positions to be sold.

James Wynn, a well-known trader, is back in the markets with aggressive leveraged bets. He has a 25x long position on Ethereum worth about $12.12 million at an entrance price of $3,726.28. This risky move comes as Ethereum gains a lot of momentum and gets closer to the important $4,000 resistance level that many analysts think will be tested soon. The altcoin’s rise is especially important since it is part of a larger trend away from Bitcoin domination. Many other cryptocurrencies are still selling 50–80% below their December 2024 highs, which means there is still a lot of room for growth in the industry.