Bluefin, Sui’s top decentralized exchange by volume, has launched Bluefin7K, a native aggregator that combines multiple DEXs and advanced routing to deliver users better trading rates and deeper liquidity. Bluefin, the leading DEX by trading volume on the Sui (SUI)…

Top Sui DEX Bluefin launches Bluefin7K aggregator for better rates and liquidity

Bitcoin is experiencing a short-term price decline. In the past 24 hours, the 
asset has fallen by approximately 9.3% to a trading value of $105,062. This 
pullback places Bitcoin roughly 8% below its all-time high recorded last 
month. The dip comes amid broader market volatility, but on-chain indicators 
and exchange data suggest deeper structural trends that may influence the next 
phase of Bitcoin&#8217;s price trajectory. Recent market analysis points to renewed 
accumulation among long-term holders, a spike in exchange withdrawals, and 
rising spot trading activity on Binance. These developments are being 
interpreted as signals of underlying strength despite recent price weakness. 
CryptoQuant contributor Amr Taha has provided a detailed breakdown of these 
emerging patterns, offering a perspective on how long-term dynamics may be 
shaping Bitcoin’s current market behavior. Related Reading: Bitcoin 3–5 Year 
Holders Slow Selloff—Waiting for Higher Prices? Binance Trading Volume Rises, 
Long-Term Holders Accumulate Since early June, Binance has seen its share of 
Bitcoin spot trading volume increase from 26% to 35%, positioning it more 
firmly as the dominant platform in the market. This increase in trading 
activity has occurred as Bitcoin approaches and tests key price levels. 
According to Taha, this surge may indicate renewed interest from retail and 
institutional traders alike, particularly as volatility draws more short-term 
market participants to major exchanges. In addition to exchange volume shifts, 
on-chain data reveals growing confidence among long-term Bitcoin holders. The 
Long-Term Holder (LTH) Net Position Realized Cap, a metric that reflects the 
value of coins held by entities with a holding period of over 155 days, has 
returned above $20 billion. Historically, this type of accumulation pattern 
has preceded periods of price expansion, as long-term investors tend to hold 
through corrections and avoid frequent selling. The rise in LTH realized cap 
suggests these entities are not exiting positions during this market dip, 
which may reduce available supply and support future upward movement. Bitcoin 
Large Exchange Withdrawals Signal Tightening Supply Beyond trading activity 
and holder behavior, Taha pointed out that another notable trend is emerging 
on centralized exchanges. Over a two-day period, Kraken and Bitfinex recorded 
net Bitcoin outflows exceeding 20,000 BTC, among the largest short-term 
withdrawals in recent months. Such movements are often interpreted as signals 
of investors shifting assets into self-custody, possibly in anticipation of 
long-term holding or strategic redeployment. Related Reading: Bitcoin Could Go 
‘Bananas’ If Price Closes Above This Level, Top Analyst Says Combined, the 
rise in Binance’s market share, increased LTH accumulation, and exchange 
outflows present a picture of a market undergoing structural positioning 
rather than widespread exit activity. While the short-term price trend 
reflects a pullback from recent highs, the simultaneous withdrawal of supply 
and steady long-term holder confidence could act as foundational elements for 
potential future growth. Featured image created with DALL-E, Chart from 
TradingView

Bitcoin Pullback or Setup? On-Chain Metrics Hint at What’s Coming Next

Bitfinex analysts tell Cointelegraph that Bitcoin could surge next month if US 
job data turns out to be weaker than expected.

Bitcoin eyes $115K by July, but strong US job data to threaten rally: Analysts

Ukrainian police claimed the man’s actions caused a server hosting company to 
suffer losses estimated at over $4.4 million.

Ukraine arrests man for breaching hosting accounts to mine crypto

China is turbocharging its de-dollarization push, leveraging its SCO 
presidency to expand national currency use, supercharge financial cooperation, 
and champion a bold Eurasian economic realignment. China to Use SCO Presidency 
to Expand National Currencies and Reduce Dollar Use China is escalating 
efforts to diminish reliance on the U.S. dollar by prioritizing the use of 
national […]

China Eyes Faster De-Dollarization With SCO Leadership

XRP price started a fresh increase above the $2.220 resistance zone. The price 
is now consolidating and might aim for a move above the $2.250 resistance. XRP 
price started a fresh increase above the $2.220 zone. The price is now trading 
above $2.220 and the 100-hourly Simple Moving Average. There is a key bullish 
trend line forming with support at $2.185 on the hourly chart of the XRP/USD 
pair (data source from Kraken). The pair might start another increase if it 
clears the $2.250 resistance zone. XRP Price Holds Support XRP price remained 
stable above the $2.050 support and started a decent upward move, beating 
Bitcoin and Ethereum. There was a move above the $0.2150 and $0.20 levels. The 
bulls were able to clear the $2.25 resistance zone. A high was formed at 
$2.2816 and the price is now correcting gains. The price dipped below the 
$2.25 level and the 50% Fib retracement level of the upward move from the 
$2.137 swing low to the $2.2816 high. The price is now trading above $2.20 and 
the 100-hourly Simple Moving Average. There is also a key bullish trend line 
forming with support at $2.185 on the hourly chart of the XRP/USD pair. It is 
near the 61.8% Fib retracement level of the upward move from the $2.137 swing 
low to the $2.2816 high. On the upside, the price might face resistance near 
the $2.2320 level. The first major resistance is near the $2.250 level. The 
next resistance is $2.2850. A clear move above the $2.2850 resistance might 
send the price toward the $2.320 resistance. Any more gains might send the 
price toward the $2.350 resistance or even $2.380 in the near term. The next 
major hurdle for the bulls might be $2.40. Downside Break? If XRP fails to 
clear the $2.25 resistance zone, it could start another decline. Initial 
support on the downside is near the $2.20 level. The next major support is 
near the $2.1850 level. If there is a downside break and a close below the 
$2.1850 level, the price might continue to decline toward the $2.150 support. 
The next major support sits near the $2.120 zone. Technical Indicators Hourly 
MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI 
(Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. 
Major Support Levels – $2.20 and $2.1850. Major Resistance Levels – $2.250 and 
$2.30.