XRP, ETH Traders Getting Greedy? Funding Rates Highest Among Top Coins
XRP, ETH Traders Getting Greedy? Funding Rates Highest Among Top Coins
Data shows XRP and Ethereum top the Funding Rate charts among the major cryptocurrencies, a sign of growing demand for long positions. XRP & Ethereum Funding Rates Have Turned Sharply Positive In a new post on X, the on-chain analytics firm Glassnode has discussed about how the top cryptocurrencies by market cap currently compare in […]
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Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi
Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as Apple, Amazon, and Microsoft in a blockchain environment. The […]
Banking Comes Full Circle with First National Digital Currency Bank: Best Crypto to Buy?
Circle, the company behind the $USDC stablecoin announced on June 30 that it has applied for a national trust bank charter. If approved by the US OCC , the so-called First National Digital Currency Bank is the latest confirmation of the shift to decentralized financial infrastructure for TradFi and banking. With a blockchain banking revolution on the […]
Top 15 Crypto Casinos of July 2025 (Play with Bitcoin & Win Big)
Explore the top 15 crypto casinos as of July 2025 with instant payouts, no KYC, huge bonuses, and elite VIP perks. Compare and play smarter today! Crypto Casinos 2025: The Year’s Hottest Picks So Far Summer is in full swing in the northern hemisphere – and winter chills are here for our friends down south […]
National Bank of Kazakhstan to Establish Cryptocurrency Reserve
Timur Suleimenov, chairman of the National Bank of Kazakhstan, noted that the institution was considering the creation of such a reserve based on international practices, starting with expropriated cryptocurrency and mined assets from companies with state participation. Kazakhstan Will Have a Cryptocurrency Reserve, According to the National Bank Another country has decided to set up […]
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Analyst Calls For Bitcoin Crash As Price Pulls Above $108,000 — Details
The past weekend was favorable for Bitcoin as the price was able to rebound from last week’s lows and go on to reclaim $108,000 ahead of the new week. This has boosted market sentiment once again, prompting investors to return to the table. However, as the price continues to sit in the green, one crypto analyst has sounded the alarm that the Bitcoin price may be headed for another crash toward the support area close to $100,000. Why A Bitcoin Price Crash Is Imminent In the TradingView analysis, the crypto analyst reveals the reason why the Bitcoin price could dump back downwards is because of mounting resistance. This is because, as the leading cryptocurrency moves toward new all-time highs, there is the possibility of a pushback before it is able to continue its rally. Related Reading: Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target In this case, the crypto analyst does expect the Bitcoin price to keep rising. But they see a lot of resistance for the digital asset just above $109,000. More specifically, at $109,500, which is still a ways away from the $112,000 needed to create a new all-time high, the cryptocurrency is expected to meet new resistance and dump back downward. This stiff resistance opens up an opportunity for market shooters to enter into the trade. According to the chart, it is possible for the Bitcoin price to actually move toward the low $100,000s. Currently, there is major support at $102,500, and if the digital asset does lose its footing, this is likely where the bulls will stage their recovery once more. Sweeping For Liquidity At Lower Ranges Another crypto analyst, Riscora, has supported this move with their own analysis, also predicting that a pullback is possible from here. This still boils down to mounting resistance as the Bitcoin price moves toward the possibility of reaching a new all-time high, and budding liquidity rises at the lower levels. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 The analyst explains that as liquidity has now been taken in the higher levels, after Bitcoin hit $108,000, there is bound to be a correction. This time around, they expect the correction to be much deeper given the recent bullish impulse move. The target from her sis a move back into the $107,000 territory, before moving further downward to take on the $106,400 support. Despite the expectation of a price dip, the analyst warns that the Bitcoin price remains overall bullish from here. As the crypto market ushers in the month of July, which is usually bullish for Bitcoin, it is possible that the cryptocurrency does put in a new all-time high this month, seeing as there is less than a 5% move left to beat its current $111,900 peak. Featured image from Dall.E, chart from TradingView.com