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Matt Hougan, CIO of Bitwise, believes that the trend of Ethereum Treasury Companies will accelerate, prompting new investors to enter the space and purchase ether even at premium prices. He estimates that demand for ether will outpace production at a ratio of 7:1 over the next year.

Bitwise: Ethereum Treasury Trend to Last, Demand Shock to Send Prices Soaring
The sudden surge in investor interest in ethereum, driven by recently adopted regulations in the U.S., has analysts estimating the extent of this trend and its implications for the price of ETH. Matt Hougan, CIO of Bitwise, believes that this newfound institutional interest has the potential to increase demand for ether and keep the good momentum for the asset this year and beyond.
Hougan states that, while bitcoin had been facing increased demand from companies like Michael Saylor’s Strategy and Exchange Traded Products (ETPs) since January, purchasing over 1.5 million BTC since January 2024, ethereum had not benefited from similar actions until now.
Nonetheless, this changed in May, when ethereum ETPs and the new trend of Ethereum Treasury Companies started showing interest, syphoning over $5 billion worth of ETH from the market.
Hougan declared:
ETPs and Corporate Treasuries have combined to buy 2.83 million ETH since May 15—more than $10 billion at today’s prices. That’s 32x net new supply over the same time period.
He predicts that his trend will persist, as investors are significantly underweight when comparing ether vs. bitcoin, and the surging trend of tokenization and stablecoins can also push this rally forward.
“Looking out, I can imagine ETPs and Treasury Companies buying $20 billion of ETH in the next year, or 5.33 million ETH at today’s prices,” Hougan assessed. If fulfilled, this prediction might bring what he called a “demand shock” to the ether markets, as the network would only produce 0.80 million ETH during the same period, with demand outpacing production 7 to 1.
“In the short term, the price of everything is set by supply and demand. And for the time being, there is significantly more demand for ETH than there is new supply,” he concluded.
#Binance #wendy #BTC $BTC $ETH $BNB

High-profile trader Dave Portnoy recently revealed that he sold his XRP holdings at $2.40 just two weeks before the asset reached a new all-time high of $3.66.

The Circle Factor
Dave Portnoy, the founder of Barstool Sports, recently said he sold his XRP holdings at $2.40 two weeks before the digital asset hit a new all-time high of $3.66. According to Portnoy, he sold because the person who told him to buy the digital asset suggested it had peaked and was unlikely to go up further due to competition from Circle.
In his July 18 post on X, Portnoy, a high-profile stock trader, claimed exiting early deprived him of the opportunity to make millions of dollars as XRP had since then risen by more than 60%. As reported by Bitcoin.com news, XRP matched and surged past its previous all-time high of $3.40 on July 17, to cement its position as the third-largest digital asset by market capitalization. Since then, XRP treated and has largely traded above $3.40, an indication it may be preparing for another uptrend.
Explaining the decision that he said made him want to cry, Portnoy stated:
“I sold XRP back when it went to $2.40 because the guy who told me to buy it told me that I should sell it because he thought Circle would compete with them, he was unhappy with it. It’s up 60% since I sold it and I would have made millions and I want to cry.”
A Familiar Pattern of Early Exits
Portnoy’s move to dump XRP holdings as the digital asset trended upwards mirrors his infamous decision to exit his Bitcoin a week after buying. As reported by Bitcoin.com news in 2020, Portnoy bought his first BTC and LINK after the Gemini founders, the Winklevoss brothers, walked him through the process. However, after seeing the price of LINK consistently go down, Portnoy panicked and sold all his holdings, a decision he would later rue.
In February 2024, Portnoy again expressed regret that Barstool had not invested $10 million in BTC. A few months later, in July, he vowed to buy BTC if the price dropped to $40,000.
However, in his latest regret video, Portnoy said he does not hold XRP anymore, even though he was the “leader of the XRP army.”
#Binance #wendy #XRP $XRP

Goldman Sachs’ top trader, Tony Pasquarello, sees the U.S. stock rally holding its pace but flags a shifting risk and reward dynamic as summer approaches—especially with the crypto market ballooning to a staggering $4 trillion in value.

Goldman’s Pasquarello on Markets: Rally Fueled, Risks Rising
In a market note covered by Tyler Durden at Zerohedge, Pasquarello, who leads hedge fund coverage at Goldman Sachs, pointed to fresh equity highs, largely powered by mega-cap tech momentum and favorable technicals. Still, he pointed to uneven economic signals and earnings results, stressing that CEOs now need to deliver standout surprises to keep the rally going.
He called attention to several important themes, including the typical summer slowdown in liquidity and the high-stakes earnings reports ahead from tech giants. Of particular interest to him are those companies’ spending blueprints and how they plan to return capital to shareholders.
Crypto markets, however, stole the spotlight in the analysis. Pasquarello spotlighted insights from expert Dominika Nestarcova, who credited bitcoin’s recent climb—despite a slight pullback late in the week—to regulatory momentum in the U.S. Alongside this, strong spot bitcoin exchange-traded fund (ETF) inflows (which now hold around $150 billion in assets), solid spot trading activity, and increased adoption by corporate treasuries.

Source: Zerohedge & Goldman Sachs.
Nestarcova noted the broader crypto market blasted past $4 trillion in value, with ethereum ( ETH) jumping 30% over the week as it played catch-up. Presently, the overall crypto market is down from the $4 trillion high by $100 billion, standing at $3.9 trillion as of Sunday, July 20, 2025.
Outside digital assets, Pasquarello pointed to infrastructure spending as a major tailwind—spanning artificial intelligence (AI), energy, reshoring, defense, and climate projects. He named power-related equities and industrial metals as key areas benefiting from this ongoing shift.
Even with bullish signals still flashing and near-term technicals looking strong, Pasquarello issued a word of caution. With the rally stretching back to Apr., the room for further gains appears tighter. He flagged rising pressure in sovereign debt markets and frothy retail sentiment as warning signs.
As Durden reported, Pasquarello advised investors to consider “some gas left in the tank” but prepare for slimmer opportunities and summer slippage by rotating select long positions into call options expiring in late August.

Although Q3 doesn’t wrap until Sept. 30, 2025, BTC is currently sitting on a 9.98% gain. Going back to 2013, bitcoin has flipped a coin when it comes to third-quarter performance—half the time it climbs, half the time it dips. Fourth quarters, however, tend to tilt bullish, with a 66.67% chance of closing in the green—and historically, BTC often finishes Q4 with serious momentum.
#Binance #wendy #BTC $BTC $ETH $BNB

Imagine this: you seamlessly switch between MetaMask, Uniswap, and Opensea every day — have you ever thought about who is silently serving as the conductor of this 'on-chain symphony'? It's not a public chain or a giant application, but the understated WalletConnect (now called Reown) and its soon-to-be-released core fuel.
It is not a new concept but rather a Web3 default interface deeply ingrained in your bones. If a wallet is your 'digital keychain', then Reown is the 'universal air switch' that lets any key instantly fit into any lock. Without it, the fragmented experience of Web3 would collapse immediately — and $WCT is the spark that ignites this decentralized engine of the 'air switch' network.

Imagine this: you seamlessly switch between MetaMask, Uniswap, and Opensea every day — have you ever thought about who is silently serving as the conductor of this 'on-chain symphony'? It's not a public chain or a giant application, but the understated WalletConnect (now called Reown) and its soon-to-be-released core fuel.
It is not a new concept but rather a Web3 default interface deeply ingrained in your bones. If a wallet is your 'digital keychain', then Reown is the 'universal air switch' that lets any key instantly fit into any lock. Without it, the fragmented experience of Web3 would collapse immediately — and $WCT is the spark that ignites this decentralized engine of the 'air switch' network.