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Mirza Husnain13
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Bullish
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$BTC
Coin :
$BTC
Entry : 117,500.0
Tp : 120,000.0
Sl : 116,600.0
Leaverge : 40x
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Mirza Husnain13
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“Watch Out for Potential Bitcoin Double Top as Bulls Fail to Break $122K Again” — CoinDesk (Aug 12) Bitcoin has twice attempted and failed to sustain a rally above $122,056, creating a possible double top pattern—a classic bearish signal in technical analysis . The “neckline” lies at about $111,982. A decisive drop below that would likely confirm the pattern and open the door for a potential slide toward $100,000 . This comes as buyers appear exhausted, just ahead of a key U.S. CPI report that could further undermine bullish momentum if inflation surprises on the higher side . --- Why This Matters A confirmed double top often signals the end of an uptrend. In Bitcoin’s case, if confirmed, it could trigger sharp downside movement to the $100K area—a level with strong psychological and technical significance. With the CPI release looming, the market might face heightened volatility, especially if the inflation data disappoints bulls. Let me know if you'd like more insight into what to watch next—technical indicators, CPI scenarios, or possible market reactions. $BTC #cryptouniverseofficial #BTCReclaims120K
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🐋 Whale Activity Sparks Profit‑Taking Alarm A long-dormant whale wallet, silent for over 12 years, transferred 343 BTC during early Asian trading hours. This unexpected movement has triggered concerns that seasoned holders may be preparing to take profits as Bitcoin remains range-bound . The news comes at a time when Bitcoin has traded sideways, lacking clear direction after a bounce from around $117,500 to near $119,200 during European hours. The broader altcoin market (CD80) also showed weakness with a 4.6% decline, while major tokens struggled to sustain momentum . --- 🔎 Why It Matters Dormant wallet activity from long-held coins often signals either repositioning or distribution by early holders. Given rising on‑chain metrics like Binary Coin Days Destroyed, this could mark the early stages of profit realization . With macroeconomic uncertainty—dollar strength hitting fresh highs and global trade tensions resurfacing—the move may reflect shifting risk sentiment among institutional actors . --- ⚖️ Supporting Market Dynamics While the whale move is drawing attention, other developments suggest mixed sentiment: Galaxy Digital’s $9B sale of 80,000 BTC attracted minimal price movement, underlining Bitcoin’s increasing market maturity and capacity to absorb large-scale transactions without disruption . On-chain data shows newer whales are collectively accounting for over 80% of recent profit-taking, overshadowing long-term holders in driving selling pressure around the $110K–$120K range . --- 🧭 Bottom Line: What to Watch Bitcoin remains in consolidation mode, hovering between $117K–$119K: A single whale move may not upend the market—but if this signals a broader wave of profit-taking by long-dormant holders, prices could face resistance at current levels. Key on-chain indicators like Binary CDD and exchange inflows will be important gauges of whether distribution increases.$BTC #CryptoClarityAct #Latestcryptonews
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# Winklevoss Claims JPMorgan Halted Gemini Onboarding After Data Access Fees Criticism July 28, 2025 — Crypto News Gemini co-founder Cameron Winklevoss has accused U.S. banking giant JPMorgan Chase of abruptly halting the crypto exchange’s onboarding process in retaliation for public criticism over data access fees. In a recent post on X (formerly Twitter), Winklevoss alleged that JPMorgan suspended Gemini’s integration after the exchange questioned the “exorbitant” fees banks charge for customer data access through third-party financial apps. Winklevoss stated, “We criticized the banking cartel’s grip on user data, and now we’re being punished for speaking the truth.” The dispute centers around the controversial data access fees charged by traditional banks when fintechs or crypto platforms request customer data, often via APIs or aggregators. Winklevoss argues that these fees hinder innovation and are a form of anti-competitive behavior. JPMorgan has not publicly responded to the allegations. However, insiders familiar with the matter suggest the decision was based on “standard compliance reviews,” not retaliation. The situation has reignited the broader "bank vs. crypto" debate, with some in the industry viewing this as another example of Wall Street institutions gatekeeping access to the financial ecosystem, especially when disrupted by blockchain-based challengers. Gemini is reportedly seeking alternative banking partners and has vowed to continue advocating for open and fair access to financial data. #CryptoNews🚀🔥
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🔍 Key Highlights from Today’s Market Coverage CoinDesk reports that strong optimism around futures ETFs and post‑court legal clarity for Ripple are boosting institutional interest in XRP, despite some recent volatility and large long liquidations . Bitget Research analysts, including Ryan Lee and Jamie Elkaleh, suggest that with momentum and growing trust—especially if a spot XRP ETF materializes—XRP could realistically reach $3.50–$4 in the coming weeks . For Solana (SOL), analysts identify a technical breakout setup. With price near ~$197 and adoption expanding, $200–$250 is viewed as within reach, thanks in part to growing institutional flows and potential ETF developments . --- 📊 Supporting Technical and Market Signals XRP is consolidating inside a classic Wyckoff structure, with key support around $2.58–$2.78 and resistance near $3.60. A sustained break above $3 could trigger a bullish phase targeting $4–$6, supported by a 142% surge in futures open interest indicating rising institutional participation . SOL’s technical outlook shows potential for a breakout beyond $200, backed by strong network usage, increasing TVL, and buzz around an ETF tied to staking exposure via new products like the Cboe-listed REX‑Osprey Solana + Staking ETF (SSK) . $XRP $SOL #CryptoClarityAct #LatestNews🔥
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📰 Key Highlights 🔹 Demand vs. Supply Tensions As of July 25, on-chain data shows long‑term holders have sold over 210,000 BTC since early July, yet short‑term holders purchased around 250,000 BTC, indicating demand is currently surpassing available supply . With the end of July approaching, Bitcoin is up roughly 8 % for the month — slightly above its historical average of 7 % gain in July since 2013 . 🔹 Price & Technical Context Bitcoin is trading around $116,300–$116,400, down about 3 % in the past 24 hours and roughly 7 % below its mid‑June all-time high . A key CME futures gap between $114,355 and $115,670 may attract price action seeking to fill it over coming sessions . With August historically quieter in terms of liquidity and volatility, investors are cautious ahead of the expected lull . 🔹 Broader Market & Macro Drivers Institutional appetite remains strong: Strategy Incorporated’s recent preferred equity offering—valued at over $2.5 billion—could translate into demand for roughly 21,500 BTC price‑wise . Meanwhile, macro signals such as upcoming durable goods data and potential tariff and Fed policy developments could impact crypto risk sentiment . --- 🧠 Why It Matters & Outlook Bitcoin’s fixed supply and accelerating demand via both institutional and short‑term holders are reinforcing its scarcity narrative. However, technical pressures and an anticipated August slowdown introduce uncertainty. If demand stays strong, Bitcoin may retest or surpass recent highs, especially toward the $122K–$123K region, though overhead resistance and profit‑taking risks linger. Alternatively, if liquidity dries up ahead of the lull, price could dip toward $114K–$114.5K CME gap fill zones or lower support levels. Lessons for investors: Keep an eye on: ETF inflows and preferred-equity deals from corporate players. On-chain transfers and supply metrics. Macro and regulatory developments (e.g. U.S. trade policy, inflation data). $BTC #CryptoClarityAct #LatestNews🔥
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