Binance founder and former CEO Changpeng Zhao (CZ) is calling out a problem most crypto platforms still ignore: what happens to users&#8217; digital assets after they pass away? In a June 19 social media post, CZ urged crypto platforms to…

Why crypto platforms need a ‘will function’ according to Binance’s CZ

Open interest for Bitcoin just surged by 10,000 BTC, signifying an 8% surge 
that could shake up the price of BTC even more than it already has. According 
to data from CoinGlass, Binance total BTC (BTC) futures for open interest…

Traders just added 10,000 Bitcoin worth of open interest to BTCUSDT, here’s what could happen

MDT (MDT), the native token of the decentralized data exchange platform 
Measurable Data, jumped nearly 170% on July 25. Could the token be gearing up 
for further gains? According to CoinGecko data, MDT rose to a six-month high 
of $0.043,…

MDT up over 170% in the last 24 hours, will the rally continue?

A growing number of European firms are joining the Bitcoin treasury wave, and 
this time, it’s the Sweden-based digital commerce firm Refine Group stepping 
in. Per a July 25 press release, Refine Group has raised SEK 5 million, 
roughly $475,000,…

EU BTC treasuries pile up as Refine Group raises $475k to buy Bitcoin

Bitcoin is making its first meaningful move since breaking its all-time highs 
and reaching the $123,000 level. After consolidating in a tight range for 
nearly two weeks, the price is now pulling back toward $115,000—marking a 6% 
decline from recent highs. While this retracement has stirred caution among 
short-term traders, data suggests there is little cause for concern at this 
stage. Related Reading: Bitcoin LTHs Start Distributing: CDD Ratio Hits 
Historic Levels According to CryptoQuant’s Bitcoin Price Drawdown Analysis 
chart, the current 6% pullback remains well within the normal volatility range 
observed during prior bull phases. This suggests the move is more likely a 
healthy market reset than the beginning of a deeper correction. As Bitcoin 
tests the lower boundary of its former range, investors will closely watch for 
renewed strength or signs of distribution. For now, fundamentals and long-term 
holder data remain supportive, keeping bullish sentiment intact despite short- 
term volatility. The next few sessions may determine whether BTC can bounce 
decisively or enter a broader consolidation phase. Bitcoin Volatility Remains 
Within Norms As Market Enters Critical Phase According to top analyst Axel 
Adler, Bitcoin’s recent price action may appear sharp at first glance, but 
deeper analysis shows that current volatility remains well within normal 
historical ranges. Over the past quarter, Bitcoin’s most notable intraday 
drops on the 5-minute timeframe reached -10% in early June and -12% in mid- 
June. Meanwhile, the average weekly drawdown, represented by the green line on 
Adler’s chart, remains stable at 3.8%. The current -6% pullback—following 
Bitcoin’s recent breakout to $123K and its retrace toward $115K—sits only 2.2% 
deeper than this weekly average and is still far from the panic-triggering 
extremes seen in previous months. Despite the dramatic visual appearance, 
Adler emphasizes that the current correction aligns with a standard 
consolidation cycle often seen during bull markets. What makes this moment 
especially relevant is how other parts of the crypto market are behaving. 
While altcoins retraced heavily yesterday, today they are holding above key 
support levels, signaling potential strength and a possible shift in market 
dynamics. This resilience across major altcoins could mark a rotation of 
capital within the market, rather than an exit. Related Reading: Bitcoin STH 
Realized Price Chart Reveals Key Defense Zones Amid Volatility BTC Falls Below 
Key Support as Volume Spikes Bitcoin has broken below the tight consolidation 
range it maintained for over two weeks, with price dropping sharply to a local 
low of $115,009 before slightly recovering to $115,759. This marks a clear 
technical breakdown of the horizontal channel between $115,724 and $122,077, 
as shown in the 4-hour chart. The breach below the lower bound coincided with 
a spike in volume, signaling decisive selling pressure from market 
participants. The drop pushed BTC below the 50-day (blue) and 100-day (green) 
simple moving averages (SMAs), both of which previously acted as dynamic 
support. The price is now hovering just above the $115,724 horizontal support 
zone, which is now being retested. A failure to hold this level could open the 
door to deeper retracements toward the 200-day SMA near $112,104, which could 
act as the next major support level. Related Reading: Ethereum Adoption 
Accelerates As Daily Transactions Set 2025 Record Technically, a bearish 
structure is developing in the short term, especially after the breakdown from 
the triangle-like compression (marked in blue). However, the elevated volume 
accompanying the move may also suggest capitulation from weak hands, which can 
precede a reversal. In the coming sessions, Bitcoin’s ability to reclaim the 
$118K level will determine whether bulls can regain control. Featured image 
from Dall-E, chart from TradingView

Bitcoin Pullback Remains Within Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic

Bitcoin experienced a sharp decline, dropping below $115,000 for the first 
time in nearly two weeks after briefly flirting with the $120,000 mark. 
Bitcoin’s Descent Just a day after flirting with the $120,000 mark, bitcoin ( 
BTC) experienced a swift descent, plummeting below $115,000 — a level not seen 
in nearly two weeks. Bitstamp data […]