But what drives this rally? Is it the whims of fate, or is there something more at play? The answer, much like the Soviet-era propaganda, lies in the numbers. A 124% increase in daily addresses since the start of the month, a rise from 3,600 to 8,100, a testament to the growing investor interest and market optimism.
the ProShares Ultra Solana ETF (SLON) and the ProShares Ultra XRP ETF (UXRP). These products are designed to provide twice the daily returns of their associated cryptocurrencies. However, instead of directly owning the tokens, they use regulated futures contracts as a means to achieve this goal, according to a press release from ProShares.
In the latest twist of cryptocurrency fate, Sonic’s [S] network experienced a jaw-dropping uptick with active addresses climbing by a staggering 89% over the past week. 🎉 Who knew users were this excited? Perhaps it’s all thanks to shiny new dApps or some generous incentive programs dangling like shiny trinkets.
Aptos (APT) has remained range-bound for several months, anchored by a strong support level that has historically triggered impulsive rallies. The $3.52 zone has acted as a major floor for price action, and repeated tests of this level without a breakdown suggest that an accumulation phase is unfolding. If buyers regain control and reclaim critical technical levels, Aptos could stage a breakout targeting the $14.50 resistance region. 🚀
Now, let’s not be too quick to scoff at his enthusiasm for the dazzling new all-time high of $123,000—a veritable feather in the cap for those who managed to hop aboard the Bitcoin bandwagon early enough to avoid the inevitable mud stains. Yet, Kiyosaki, in his infinite wisdom, has warned that buying more without deciphering the conundrum that is Marco-economic direction might be a recipe for disaster. After all, what kind of fool charges into an uncertain market? 😅
Just hours after the cryptocurrency king hit a high above $123,000 on July 14, Bitcoin ( BTC) decided to go for a quick dip, plunging to $116,221 before gradually climbing back to above $117,000. The price drop ended a short but sweet rally that saw Bitcoin rise with double-digit gains in a mere four days. By July 15, at 7:30 a.m. EST, the asset, riding high with a 63% market dominance, was back above $117,138.
Bonk (BONK) is holding firm above a level that was previously resistance. After forming a rounded bottom over several months, the token broke higher with strong momentum. BONK was priced at $0.000028 at press time, showing a 5% gain in the past day and over 22% weekly. 🚀
Now, before we get carried away with all this excitement, let’s note that such an increase is generally a sign of strong momentum for any network. One might even venture to say that the 145% surge could suggest something beyond mere fluke—perhaps the birth of a new epoch for the Sui network? There is talk that the number of new users has more than doubled, which naturally creates quite the ripple in the ecosystem.
As it soared, BTC broke records left and right, knocking down walls and setting a shiny new high of over $123,000. It even briefly danced on the global leaderboard, surpassing silver, Alphabet (Google), and Amazon—because why not? It was only fitting that it became the fifth-largest asset in the world. Of course, things settled down (we knew this was coming) and Bitcoin found itself back in sixth place after a little price correction. How quaint.
Wynn exploded onto the scene armed with not one, but two high-wire acts of leveraged positions. First, he thrust himself into a 40x leveraged bet on Bitcoin, a position draped in the grandeur of over $19.5 million at a price tag of $117,000. But here’s the kicker—if Bitcoin’s fickle heart dipped below $115,750, Mr. Wynn might find himself navigating the murky waters of liquidation once again. Doing so costs him a cool $1.4 million in funding fees, merely to keep on the edge of profit, which currently dangles at a tantalizing $78,000. It’s like feeding a hungry alligator, isn’t it? 🐊
