Bitcoin Slips Below $118K – What’s Going On? 🚨 Looks like things just got a bit heated in the crypto kitchen 🔥🍳 — $BTC has officially dropped below $118,000, and the bears are making moves.
🔍 Quick Breakdown: Red candles stacking up – Sellers are in control (for now) 📉
Market vibes? Feeling a bit jittery — like post-energy drink nerves 😬
Next stop? Eyes on support zones – the next move could be crucial 👀
🧭 What Should You Do? HODLers: Don’t flinch – this could just be a short-term cooldown 💨
Active traders: Set those alerts – big swings = big chances ⚡
Crypto newcomers: Stay calm – BTC has seen way worse and bounced back stronger 💪
Let’s not forget — volatility is part of the ride. Buckle up, stay smart, and don’t trade on emotion.
💬 Your turn: Is this a blip… or the start of a bigger trend? Sound off in the comments!
Ethereum Eyes $4,000 as SharpLink Gaming Ups ETH Holdings and BlackRock Pushes Staking Ethereum (ETH) briefly surged past $3,500 on Thursday following a flurry of bullish developments, including SharpLink Gaming’s (NASDAQ: SBET) massive $5 billion ATM expansion and BlackRock’s latest ETF move.
💰 SharpLink Gaming Expands ATM to $6B for Ethereum Accumulation SharpLink Gaming has filed to boost its At-The-Market (ATM) facility with Alliance Global Partners from $1 billion to $6 billion, intending to allocate the majority of proceeds toward growing its ETH treasury. With over 280,000 ETH already under its belt, this move signals serious conviction in Ethereum's long-term value.
According to the updated prospectus:
“With this Prospectus Supplement, we are increasing the total amount of Common Stock that may be sold under the Sales Agreement to $6 billion…”
SharpLink joins a growing list of public companies pivoting into Ethereum-based treasuries.
🏦 BitMine, Founders Fund-Backed, Reveals $1B+ ETH Holdings BitMine Immersion Technologies (BMNR), once a Bitcoin miner, announced its ETH reserves have swelled past 300,000 ETH—valued at over $1 billion. Backed by Peter Thiel’s Founders Fund, BitMine's ETH holdings now far exceed the $250 million raised in its recent private placement.
Other firms like Bit Digital, BTCS, and GameSquare have also adopted ETH-focused strategies, including staking to boost on-chain yields and maximize ETH-per-share metrics.
📈 According to StrategicETHReserve, 700,000+ ETH have been added to corporate treasuries since the end of May.
🧾 BlackRock Files to Add Staking to Ethereum ETF BlackRock is pushing further into ETH with a request to the SEC to allow staking within its iShares Ethereum Trust (ETHA), which just saw $500 million in daily inflows on Wednesday — a new record.
Nasdaq formally submitted the amendment to the SEC, and Bloomberg ETF analyst James Seyffart noted:
“Staking approval might not come until late 2025, but momentum is building.”
Other ETF giants like Fidelity, Grayscale, and Bitwise have made similar staking-related filings.
ETH ETFs have now pulled in over $4 billion in net inflows since mid-April, according to SoSoValue data.
📊 Price Action: $ETH Breaks Out, Targeting $4,000? ETH has climbed 35% since July 8, breaking out of both a symmetrical triangle and an ascending expanding wedge. After challenging $3,470 resistance, price targets now include:
🔹 $3,570 (expanding wedge target)
🔹 $3,740 (key resistance)
🔹 $4,000 (bullish pennant projection)
However, ETH must hold support at $3,220, the 14-day EMA, and the $2,850 level to avoid a pullback.
In the last 24 hours, $177.47M in ETH futures were liquidated — a sign of volatility and strong momentum.
TL;DLet: Institutional appetite for ETH is heating up. With major players expanding their ETH exposure, staking likely entering ETFs in the near future, and price action aligning with bullish patterns — all eyes are now on a potential breakout to $4,000. 🌕
LET’S DIVE INTO P2P TRADING ON BINANCE! 👋 Welcome, Crypto Newbies & Enthusiasts! If you’re just stepping into the crypto world or haven’t yet explored Binance — the #1 crypto exchange globally — then you’re in for something big.
Wondering how to deposit funds into your Binance account without relying on third-party exchanges? The answer is simple: Binance P2P Trading.
💡 What Is P2P on Binance? P2P stands for Peer-to-Peer — a powerful feature on Binance that allows users to buy and sell crypto directly with one another, without intermediaries. It’s fast, secure, and gives you full control over your transactions. You can fund your Binance account instantly through P2P — using your local currency.
Let’s walk through the process step by step 👇
✅ Step 1: Create & Verify Your Binance Account If you’re new to Binance:
Sign up and complete identity verification (KYC).
This step is essential for accessing P2P trading features.
Already verified?
Open your Binance app and head to the Home screen.
💸 Step 2: Tap on “Deposit” You’ll find the “Deposit” option at the top-right of the home page.
Tap it to begin the deposit process.
🔁 Step 3: Select “P2P Trading” If your wallet has no funds yet, you can buy crypto directly from other users.
Click on “P2P Trading” to access the marketplace.
🛍️ Step 4: Start the Buying Process On the P2P page, tap “BUY” at the top.
Then select a crypto — like USDT, BTC, or BNB.
You can easily switch between coins depending on what you want to purchase.
🔢 Step 5: Enter the Amount Tap the “Amount” field and type the amount you wish to spend.
For example: 100,000 PKR
💳 Step 6: Choose Your Payment Method Tap on “Payment” and select your preferred payment method (e.g. Bank Transfer, Easypaisa, etc.).
Binance will now show you sellers that meet both your payment method and amount.
🧾 Step 7: Pick the Right Seller Browse the list and choose a verified seller that meets your needs.
Look at the seller’s:
✅ Verification badge
📊 Completion rate
🔁 Number of trades
🧐 Step 8: Review the Seller’s Terms Every seller may have different instructions — make sure you read them carefully before placing your order.
📝 Step 9: Place Your Order Enter the amount you want to buy.
Choose the payment method.
Tap “BUY” to confirm your order.
Make the payment within the time limit and upload the screenshot as proof (if required).
After sending the money, click “Transferred, notify seller.”
🔓 Step 10: Receive Your Crypto Once the seller confirms receipt, the crypto will be released from escrow and credited to your Funding Wallet.
Congratulations! 🎉 You’ve successfully completed your first P2P transaction on Binance!
How to Deposit Crypto on Binance Using P2P Trading – Step-by-Step Guide Looking for a fast and convenient way to deposit cryptocurrencies like USDT, BNB, or BTC into your Binance account? P2P Trading (Peer-to-Peer) is one of the easiest methods to do just that — especially if you're dealing with local currencies like PKR, SAR, or others.
In this guide, you'll learn step by step how to deposit crypto through Binance P2P Trading.
✅ Prerequisite: A Verified Binance Account Before you start, ensure that your Binance account is fully verified. Identity verification is mandatory to access the P2P platform and ensure a secure trading experience.
🖥️ Step 1: Accessing P2P Trading 🔹 On Web: Log in to your Binance account.
Click on "Deposit" at the top.
Select "P2P Trading" from the available options.
📱 On Mobile App: Open the Binance app and tap on the Binance logo at the bottom center.
Locate the P2P option directly, or tap on “More Services” to find it.
Tap P2P Trading to proceed.
💱 Step 2: Choose the Crypto and Currency Select the cryptocurrency you want to buy — USDT, BTC, BNB, etc.
Choose your local currency (e.g., PKR, SAR, NGN) using the search bar for quick access.
🛡️ Step 3: Choose a Verified Seller Before making a purchase:
Prefer merchants with a yellow verification badge.
Check their order completion rate and the number of trades they've done in the last 30 days.
The higher the success rate and number of orders, the more reliable the seller.
💳 Step 4: Select Payment Method & Amount Review the payment methods accepted by each seller — bank transfer, mobile wallet, etc.
Choose a seller that supports your preferred payment method.
Click “Buy” and enter the amount in either:
Fiat (e.g., 10,000 PKR), or
Crypto amount (e.g., 100 USDT).
You’ll also see the minimum and maximum amount that the seller is willing to trade.
👉 Pro Tip: Use the filter option to input a custom amount and find matching seller ads instantly — no need to scroll endlessly.
- *Bitcoin (BTC) Price*: Bitcoin has dipped below 119,000 USDT, currently trading at 118,952.02 USDT, with a 0.58% increase over the past 24 hours. - *Ethereum (ETH) Surge*: Ethereum has surpassed the 3,600 USDT mark, trading at 3,600.63 USDT, reflecting a 7.48% increase in the last 24 hours. - *XRP Hits New High*: XRP achieved a new all-time high of $3.64, driven by increased market interest and trading activity. - U.S. Crypto Regulation: The U.S. House of Representatives passed three significant crypto bills, including the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act, marking a pivotal moment for digital asset regulation. - *Binance Updates*: - *Binance Earn*: Offers up to 13.3% APR on stablecoins like USDT, FDUSD, and XUSD. - *Chainbase Listing*: Binance will list Chainbase (C), an AI-focused Hyperdata Network, with retroactive airdrops for eligible BNB holders.