On the 16th of July, esteemed crypto analyst Tony Severino announced in a post on X social media that Ethereum has just flashed the critical Raging Bull indicator—a tool previously credited for accurately forecasting Bitcoin’s parabolic rally. This development, highlighted on the monthly chart, marks the potentially strongest confirmation of bullish momentum for ETH since its last major surge.
DOGE, after breaking out of its long-term slump, is giving us a glimpse of hope. A double bottom, my dear friend, a formation that promises a rise to new heights, or perhaps just a modest bump… who knows?
XRP is throwing a network growth fiesta, reaching a six-month high in what appears to be a bid for attention. You know it’s serious when the number of new addresses is skyrocketing like my blood pressure at family gatherings.
On a rather eventful Wednesday—because every Wednesday deserves a splash of excitement—our daring friends at Block Earner launched the very first Bitcoin-backed home loan in the land Down Under. After playing legal dodgeball with regulators for a good two years (talk about a stubborn game!), they emerged victorious! 🎉 Why? Because the Federal Court decided that Block Earner’s products were as much “financial products” as a slice of chocolate cake is a vegetable. Absolutely brilliant!
XRP’s meteoric rise continues to capture market attention, as the digital asset—now ranked third by market capitalization—soared by more than 10% within just 24 hours to $3.40 on July 17. The price matched XRP’s all-time high set in 2018. This rally not only shattered previous price ceilings but also briefly propelled XRP’s market cap past the $200 billion mark for the first time in years, reaffirming its dominant position in the crypto landscape. 🌟
First of all, Bilal Bin Saqib praised President Bukele for his progressive thinking. On one of his posts on X (previously Twitter), Saqib described Bukele as one of the most remarkable, imaginative leaders of our day. According to him, Bukele is a leader who not only speaks about technology but also puts it to the test. Saqib continued that Bukele had the vision of the future of Bitcoin even when it was not popular. He was impressed with how El Salvador made a mark on the global map using vision and belief rather than huge resources.
According to CoinGecko, the Ripple-linked token has hit a new intraday high of $3.37, a 35% jump over the past week. I mean, who would’ve thought that a token with a name that sounds like a bad cold remedy would be the one to watch? 🤧
HBAR’s daily chart presents a decisive breakout from a multi-month falling wedge formation. This pattern, historically known for signaling bullish reversals, has unfolded with increasing volume, a metric closely watched to validate price direction.
It appears that the remaining 40,000 BTC—valued at approximately $4.75 billion—still held by the 80K Satoshi-era whale have all moved. The shift began last night, signaling renewed activity from the early Bitcoin holder. Until now, only half of the whale’s holdings had been moved, while the rest remained dormant. This latest transfer marks the full mobilization of the entire 80,000 BTC once controlled by the entity.
The stage was set when the US Marshals Service, in a moment of bureaucratic transparency, revealed its current holdings. This disclosure, like a well-timed punchline, sent ripples through the crypto community, where the rumor mill operates with the efficiency of a well-oiled machine. The tale spread across the social media platform X, where even the most esteemed public figures could not resist the temptation to comment on what appeared to be a monumental strategic sell-off. 📢
