Heritage Distilling Holding Company has finalized its Cryptocurrency Treasury Reserve Policy. This makes it one of the first craft spirits companies to accept and hold Bitcoin (BTC) and Dogecoin (DOGE) formally, according to the company. The policy allows the company…

Nasdaq-listed Heritage Distilling accepts Bitcoin and Dogecoin in new treasury strategy

XRP investors face rising threats as scammers hijack Youtube accounts to mimic 
Ripple, pushing fake giveaways just as the token rallies on ETF and adoption 
momentum. Ripple Warns XRP Users as Scammers Rebrand Youtube Accounts to 
Appear Official Ripple Labs issued a fraud alert this week via social media 
platform X, warning of a sharp […]

Ripple Warns XRP Traders as Hijacked Youtube Channels Mimic Official Accounts

Ethereum’s massive unstaking wave is unleashing a bold institutional pivot, 
with Ark Invest CEO Cathie Wood highlighting the shift toward equity-based 
exposure, liquidity plays and staking alternatives. Ark Invest CEO Cathie Wood 
Ties Ethereum Unstaking Wave to Institutional Power Shift Ark Invest CEO 
Cathie Wood has offered an explanation for the recent surge in ethereum […]

Ark’s Cathie Wood Breaks Down Why Ethereum Unstaking Just Exploded in Volume

The Bitcoin price has been quite indecisive in its action over the past week, 
jumping between the $117,000 and $120,000 consolidation zone in that period. 
The flagship cryptocurrency, however, came tumbling toward the $115,000 mark 
following massive coin movements toward centralized exchanges in the past day. 
Interestingly, a prominent market expert has put forward an even more bearish 
outlook for the Bitcoin price over the next few weeks. With this latest 
projection, the price of BTC seems to only be at the beginning of a downward 
spiral, which could worsen over the coming days. How BTC Price Could Be At 
Risk Of Extended Decline In a July 25 post on social media platform X, 
Chartered Market Technician (CMT) Aksel Kibar painted a bearish picture for 
the Bitcoin price after falling to $115,000 on Friday. According to the 
analyst, the flagship cryptocurrency could be on its way to around $109,000 in 
the coming days. Related Reading: This Australian Investment Manager Just 
Added Bitcoin To Its Treasury, Here’s How Much BTC They’ve Bought Kibar’s 
bearish stance revolves around the inverse head-and-shoulder pattern on the 
Bitcoin price chart on the weekly timeframe. The inverse head-and-shoulders 
pattern is a technical analysis formation characterized by three distinct 
price troughs, including a lower “head” set between two higher “shoulders.” 
Typically, the inverse pattern signals a possible bullish breakout and is 
validated when the price breaches the neckline — a trendline connecting the 
crests (swing highs) between the head. As shown in the chart below, the 
Bitcoin price has already broken through the neckline to reach a new all-time 
high. However, Kibar explained that the price breakout witnessed by Bitcoin 
might not be the textbook breakout typically expected in most inverse head- 
and-shoulders pattern scenarios. According to the market expert, most head- 
and-shoulder breakouts are followed by pullbacks and retests rather than 
straight rallies. Chart data provided by the analyst shows that, since May 
2017, the Bitcoin price has witnessed a retest or pullback (type 2 
continuation) more times than a straight rally (type 1 continuation) after a 
head-and-shoulder pattern breakout. This trend explains the rationale behind 
Kibar’s bearish projection for BTC in the next few days. If the price of 
Bitcoin does suffer a deeper correction as in the type 2 continuation, it is 
likely to return to the neckline — and around the $109,000 mark. A move like 
this would represent an over 5% decline from the current price point. Bitcoin 
Price At A Glance After a horrendous start to the day, the market leader seems 
to be recovering nicely from its recent fall to $115,000. As of this writing, 
the price of BTC stands at around $117,323, reflecting a mere 0.6% decline in 
the past 24 hours. Related Reading: Bitcoin Pullback Remains Within Normal 
Volatility Range: Drawdown Analysis Shows No Signs Of Panic Featured image 
from iStock, chart from TradingView

Bitcoin Price Could Still Tumble Down To $109,000 — This Chart Pattern Suggests So

A top expert says crypto’s old four-year cycle is dead, with institutional 
adoption, ETFs, and macro tailwinds now driving a longer, steadier surge in 
momentum. Crypto’s Four-Year Cycle Is Over—Expert Predicts Prolonged, Steady 
Surge Ahead Bitwise Chief Investment Officer Matt Hougan explained on July 25 
on social media platform X that the traditional four-year cryptocurrency […]

4-Year Cycle Is Dead: Crypto Now in ‘Sustained Steady Boom,’ Expert Says

Avalanche (AVAX) prices are up 6.59% in the past 24 hours amidst a general 
crypto price rebound. The prominent altcoin presently trades around $24, 
keeping in line with a long-standing range-bound movement. Meanwhile, popular 
market analyst Ali Martinez has shared some insights on the present AVAX 
market, highlighting a potential bullish scenario. Incoming AVAX Breakout? 
Here Are The Levels To Watch In an X post on July 25, Martinez provides a 
technical analysis on the AVAX market tipping the altcoin for a major price 
surge; Using the daily AVAX/USDT chart, the renowned analyst identified a 
constant trading range that has remained active from February to date. Related 
Reading: TRON Drops Q2 Report: Revenue, USDT Dominance Lead Multi-Quarter 
Highs This price range shows that AVAX prices have consistently moved between 
$15 and $27, forming a pivotal support and resistance in these price regions, 
respectively. Most notably, AVAX made another surge towards $27 following the 
crypto rebound in early July. However, the altcoin soon experienced another 
solid rejection for the third time in six months at the rather effective price 
barrier. Following this most recent rejection, AVAX found quick support around 
$23, another important price level in this trading range, which has previously 
acted as support or resistance depending on the price trend. If the market 
bulls can sustain the current buying pressure at this price zone, AVAX is 
likely to return to retest the $27 region. Interestingly, Ali Martinez 
explains that a successful breakout beyond $27 would pave the way for a quick 
climb to an immediate price target of $36 based on the Fibonacci retracement 
levels. This prediction presents a potential 46% price gain from current 
market prices and 38% from the breakout zone. On the other hand, failure to 
hold above the $23 price level may result in a bearish return to $15, marking 
a potentially catastrophic 34.78% decline from the support zone. Therefore, 
AVAX market forces must view the $23 as a critical region, which could 
influence a decisive breakout or breakdown in the mid-term. Related Reading: 
Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant 
Says AVAX Price Overview At the time of writing, AVAX trades at $24.81 
following a slight 3.71% gain in the last seven days. Meanwhile, the daily 
trading volume is down by 31,84% indicating a significant decline in market 
interest and transaction volume. With the altseason reportedly underway, AVAX 
also remains one of the many altcoins in investors&#8217; consideration as a 
potential outperformer following an estimated 1,150% gain in the last bull run 
in 2021. With a market cap of $10.1 billion, AVAX continues to rank as the 
17th largest cryptocurrency in the world. Featured image from DASE, chart from 
Tradingview