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Over $306 million in crypto will be unlocked this week, potentially creating market volatility
Quick Take Initially arrested in Greece in 2017, both the U.S. and Russia requested his extradition. Marc Fogel, the U.S. citizen exchanged for Vinnik, reportedly returned home on Tuesday night.
XRP’s bullish setup suggests a parabolic surge, with analysts eyeing $13 in the near term and $32 to $110 in future cycles. Technical patterns indicate XRP’s largest bullish formation, hinting at sustained momentum and potential breakouts ahead. Holding key support above $2.50 strengthens XRP’s upside potential, with a move past $3 opening the door for higher targets.
Cardano’s social media buzz is growing, signaling increased interest in its potential. Microsoft collaboration and Grayscale ETF could boost Cardano’s institutional adoption. Cardano is testing key price support levels, with a potential breakout in 2025.
Bitcoin could soon skyrocket as buyers are taking over, claims an analyst. The Bitcoin Taker Buy-Sell Ratio has confirmed a reversal as buyers take over. A breakout above $100K-$105K could confirm a bullish outbreak for Bitcoin.
Quick Take The exchange proposed allowing staking of ether and awaits the SEC’s next move. Bloomberg’s James Seyffart alluded to Wednesday’s filing being the first ETF to file with the SEC to allow for staking.
Quick Take A hacker promoted a memecoin project related to President Donald Trump’s youngest son Barron Trump, claiming “Trump should confirm the news soon.” However, World Liberty Financial confirmed Witkoff’s account had been compromised and urged users not to engage. Donald Trump’s daughter Ivanka was also the subject of a fake memecoin project in late January.
Quick Take Several U.S. states have proposed using public funds to invest in cryptocurrencies, with asset manager VanEck estimating that state-level Bitcoin reserve bills could drive $23 billion in buying. President Donald Trump has initiated efforts to develop a federal regulatory framework for digital assets, including stablecoins, and is considering a “strategic national digital assets stockpile.”
- 21:23The "insider trader" who once lost $9.574 million closed a position of 319.68 BTC, earning a profit of $205,000According to Foresight News, monitoring by @ai_9684xtpa shows that the trader who previously incurred a loss of $9.574 million from short positions between July 11 and 14 has recently started to take profits. In the past half hour (UTC+8), this trader closed 319.68 BTC positions, realizing a profit of $205,000. The remaining positions, valued at $67.29 million, are still showing an unrealized profit of $367,000.
- 21:23GameStop CEO: Buying BTC to Hedge Against Inflation, Will Not Imitate StrategyForesight News reports that GameStop CEO Ryan Cohen stated in an interview with CNBC’s financial program that the company will not follow the Strategy model but instead has its own unique strategy. Currently, GameStop has a very strong balance sheet, with over $9 billion in cash and marketable securities. The previous purchase of 4,710 BTC was simply to view Bitcoin as a tool for hedging against inflation and global money printing.
- 21:22Neutrl Adds USDe to Stablecoin Portfolio to Enhance Risk Resilience and Capital EfficiencyForesight News reports that the decentralized yield protocol Neutrl has announced the inclusion of the stablecoin USDe in its treasury allocation as part of its strategic partnership with Ethena Labs. Neutrl stated that its decision to allocate USDe is not driven by short-term incentives or emission yields, but rather by a long-term, protocol-first philosophy focused on scalable yield generation strategies. Neutrl is specifically designed for institutional-grade market-neutral returns, primarily utilizing structured strategies such as OTC arbitrage and basis trading, and issues composable, highly liquid, and fully collateralized synthetic dollar assets on-chain. Neutrl pointed out that USDe, as a collateral asset, is already available for trading deployments on centralized exchanges and holds potential for future OTC scenarios, enhancing its productivity and capital efficiency as a reserve asset. Additionally, USDe’s characteristics in terms of liquidity, collateral structure, and counterparty risk further enrich Neutrl’s diversified stablecoin strategy. Currently, Neutrl is in a private testing phase, managing over $42 million in assets. Looking ahead, Neutrl plans to launch a real-time transparent dashboard, with a public release and further deployments in environments suitable for synthetic dollars and high capital efficiency yields.