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Cardano remains in consolidation, setting up for a potential 25% price move if price breaks out. Crowd’s sentiment is bearish on ADA while Smart Money is bullish — what does it mean going forward? Cardano ranks at position 2 in GitHub development activity across all blockchains, reinforcing its position as one of the most actively built ecosystems.
Litecoin rising wedge channel keeps an eye on the upper trendline anticipating breakout. Highest LTC social activity share crossing 1.9% as LTC futures open interest soars to a 4-year high with $758 Million. LTC cumulative short liquidation leverage over long liquidation leverage.
The savings could climb to $325,561 per person if state-level wage-based income taxes are also eliminated, the report notes.
Asset Management Firm made the first major ETH deposit of 30,006 ETH worth $80.48M into Binance from Metalpha’s multi-signature wallet in three months. Bybit recovers 15000 ETH with Mantle cmETH swap. ETH’s trendline magic strikes again as it bounces from major support at $1,147.86, $1,044.62, & now $2,686.93 where it pumped 131%, 97% respectively and now it’s on the same major trendline again with 171% possible gains on the cards.
Ethereum is rebounding after a sharp drop due to the Bybit hack, with RSI gains and rising whale accumulation signaling renewed bullish momentum.
BTC Bulls defending the $96K crucial support, and the Falling Wedge is also in play with expectation of a rally towards the $106k Resistance once the hack FUD cools. When BTC price is overlaid on the heatmap shows gradual increase as the market entered the new regime change where Open Interest (OI) began increasing. Is $200k+ possible this cycle after Bitcoin Terminal Price surpassed $200K?
- 11:22Trump Administration Digital Asset Working Group to Submit First Major Cryptocurrency Policy Report on July 22On July 7, it was reported that the Trump administration's Digital Assets Working Group is accelerating efforts to submit its first major cryptocurrency policy report by July 22. This report is the result of months of collaboration between the group's leader David Sacks, Bo Hines, and senior officials from the Treasury Department, Department of Commerce, SEC, CFTC, and other agencies. It aims to implement the executive order signed by President Trump in January to strengthen U.S. leadership in the cryptocurrency sector. The report is expected to include regulatory and legislative recommendations, though specific details remain unclear. The group's original mandate includes developing a federal digital asset framework covering stablecoins (with Congress already initiating related procedures) and exploring the establishment of a national digital asset reserve (which Trump set up in March). While the details of the report have not yet been disclosed, industry insiders speculate it may include strategies for raising a strategic Bitcoin reserve without increasing the burden on taxpayers, as well as recommendations to ensure crypto companies have fair access to banking services from institutions like the Federal Reserve—an area where the Fed has historically denied direct payment system access to crypto firms.
- 11:22Spot gold falls below the $3,300 markAccording to Jinse Finance, spot gold has dropped $10 in the short term, falling below the $3,300 per ounce mark for the first time since June 30, with an intraday decline of 1.15%. New York gold futures are down more than 1% today, currently trading at $3,309.20 per ounce. New York silver futures are down 2% today, currently at $36.34 per ounce.
- 11:16Solayer Jade Subcard Now Supports Personal Sub-Accounts with Customizable LabelsAccording to Jinse Finance, Solayer, the Solana restaking platform, has launched personal sub-accounts for its Jade Subcard. With a single account, users can create an unlimited number of cards, clearly customize them with labels such as savings, shopping, or family-exclusive, and set different spending limits, enabling personal limit management and expense tracking all on one platform.