Cynthia Lummis said she expects the CLARITY Act and GENIUS Act to pass through Congress and be ready for the president’s signature by the end of the year.

US Senator sets 2026 goal for two crypto bills

Ethereum has experienced a strong comeback after weeks of uncertainty and 
bearish momentum. Following a sharp breakdown below its long-standing 
consolidation range, ETH found support near the $2,100 level and has since 
surged 15% from Sunday’s low. The move comes amid improving market sentiment 
after a ceasefire agreement between Israel and Iran helped ease geopolitical 
tensions, while broader macroeconomic conditions remain in flux. Related 
Reading: Bitcoin Buy-Side Pressure Surges: Taker Buy Volume Spikes Sharply 
This recent bounce has placed Ethereum back into a critical technical zone, 
where bulls are once again attempting to reclaim control. After spending much 
of May and June in a sideways range, ETH is showing signs of renewed strength, 
fueling optimism that the next decisive move could be to the upside. Top 
analyst Mister Crypto shared a bullish technical outlook, highlighting that 
Ethereum is getting ready for a breakout. According to his view, the current 
price structure and momentum suggest ETH may be preparing to challenge 
previous resistance levels and enter a new phase of expansion. With on-chain 
activity starting to pick up and broader market confidence slowly returning, 
Ethereum could be positioning itself as the key altcoin to lead a potential 
rally in the coming weeks. Ethereum Reclaims Strength Ethereum has surged more 
than 15% from Sunday’s lows, recovering from sharp losses triggered by 
geopolitical tensions in the Middle East. The announcement of a ceasefire 
between Israel and Iran sent a wave of relief through global markets, with ETH 
leading the charge among major altcoins. After briefly losing key support 
levels, bulls are regaining momentum as Ethereum reclaims price levels last 
seen before the breakdown. This rebound marks a crucial moment for ETH, as it 
tests the strength of current market sentiment. While macroeconomic 
uncertainty continues—driven by growing fears of a U.S. recession, rising bond 
yields, and a cautious Federal Reserve—Ethereum appears to be consolidating 
for a potential breakout. The broader crypto market remains on edge, with 
altcoins underperforming Bitcoin, and many investors watching Ethereum closely 
as the likely catalyst for the long-awaited altseason. According to Mister 
Crypto, Ethereum is now preparing for a breakout above the $2,800 resistance. 
This level represents a major psychological and structural barrier, and a 
decisive move beyond it could redefine ETH’s trajectory for the remainder of 
the year. Volume is returning, and on-chain data shows rising confidence from 
long-term holders, signaling a potential shift in trend. If bulls succeed in 
pushing ETH past this zone, it could trigger renewed interest across the 
altcoin market and usher in a wave of fresh capital. As Ethereum flirts with 
this breakout level, its price action in the coming days may very well set the 
tone for the next phase of the crypto cycle. Related Reading: Ethereum Whale 
Loads Up: $422M In ETH Bought In Under a Month ETH Testing Resistance After 
15% Surge Ethereum (ETH) is currently trading near $2,414 after rebounding 
sharply from the $2,100 zone, a level revisited last Sunday during heightened 
geopolitical tensions. The 8-hour chart shows a clean V-shaped recovery, with 
bulls pushing the price through the 200 SMA ($2,326), reclaiming short-term 
control. Volume surged on the way up, confirming strong buying interest during 
the bounce. However, ETH now faces a test near the $2,450–$2,500 zone, where 
the 50 and 100 SMAs converge. These moving averages, currently acting as 
resistance, previously played a key role during Ethereum’s consolidation in 
early June. A successful breakout above this range would open the door to a 
retest of the $2,700–$2,800 levels, as suggested by top analysts like Mister 
Crypto. Related Reading: Bitcoin Battles Key Support: Daily EMA-100 Must Hold 
to Prevent Deep Correction For now, price action remains in a neutral 
consolidation range with a slight bullish tilt. If Ethereum holds above the 
200 SMA while building support above $2,400, the bullish case strengthens. 
However, failure to break above $2,500 could trigger another pullback toward 
the $2,300 level. The next few sessions will be crucial to determine whether 
ETH continues its breakout attempt or enters another phase of sideways 
consolidation amid broader market uncertainty. Featured image from Dall-E, 
chart from TradingView

Ethereum Gears Up For Breakout Above $2,800 – Bullish Momentum Builds

Russia is fast-tracking a nationwide digital currency revolution, mandating 
banks and major retailers to adopt the digital ruble in a sweeping payments 
system overhaul. Digital Ruble Rollout Accelerates With Mandatory Integration 
Deadlines A sweeping overhaul of Russia&#8217;s retail payments sector is on the 
horizon as the digital ruble, Russia&#8217;s central bank digital currency (CBDC), 
edges […]

Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers

Bitcoin price started a fresh increase above the $105,500 zone. BTC is now 
consolidating and might aim for a move above the $108,000 resistance. Bitcoin 
started a fresh increase above the $105,500 zone. The price is trading above 
$105,500 and the 100 hourly Simple moving average. There is a bullish trend 
line forming with support at $107,400 on the hourly chart of the BTC/USD pair 
(data feed from Kraken). The pair could start a fresh increase if it stays 
above the $106,000 zone. Bitcoin Price Eyes More Gains Bitcoin price started a 
fresh increase above the $103,500 zone. BTC gained pace and was able to climb 
above the $104,200 and $105,500 levels to enter a positive zone. The bulls 
pushed the price above the $106,500 resistance and the price tested the 
$108,200 zone. A high was formed at $108,165 and the price is now 
consolidating gains above the 23.6% Fib retracement level of the upward move 
from the $98,272 swing low to the $108,165 high. Bitcoin is now trading above 
$106,000 and the 100 hourly Simple moving average. There is also a bullish 
trend line forming with support at $107,400 on the hourly chart of the BTC/USD 
pair. On the upside, immediate resistance is near the $108,000 level. The 
first key resistance is near the $108,200 level or the 1.236 Fib extension 
level of the downward move from the $106,470 swing high to the $98,276 low. A 
close above the $108,200 resistance might send the price further higher. In 
the stated case, the price could rise and test the $110,000 resistance level. 
Any more gains might send the price toward the $112,000 level. Another Drop In 
BTC? If Bitcoin fails to rise above the $108,500 resistance zone, it could 
start another decline. Immediate support is near the $107,400 level and the 
trend line. The first major support is near the $105,500 level. The next 
support is now near the $104,000 zone. Any more losses might send the price 
toward the $103,500 support in the near term. The main support sits at 
$103,200, below which BTC might gain bearish momentum. Technical indicators: 
Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI 
(Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. 
Major Support Levels – $107,400, followed by $105,500. Major Resistance Levels 
– $108,500 and $110,000.

Bitcoin Price Back In The Green — Momentum Builds for More Gains

Ethereum is once again aligning with the broader crypto market recovery as its 
price begins to reclaim ground lost during recent downturns. After briefly 
dropping to a local low of $2,177 over the weekend, the second-largest 
cryptocurrency by market capitalization has climbed back above $2,400. At the 
time of writing, Ethereum is trading at approximately $2,412, though it still 
reflects a 2.9% loss over the past week and a 2.4% dip over the last two 
weeks. Amid this price performance, a CryptoQuant analyst has assessed 
Ethereum’s interaction with the 50-day Exponential Moving Average (EMA), a 
commonly used trend indicator, and came up with an outlook on where the asset 
is likely headed. Related Reading: Ethereum Whale Loads Up: $422M In ETH 
Bought In Under a Month Ethereum Key Resistance Levels and Historical Price 
Patterns According to a recent post by CryptoQuant contributor İbrahim COŞAR, 
Ethereum is approaching a pivotal moment that could define its next price 
trajectory. The analyst believes that a decisive break above the 50-day EMA 
could propel ETH to the $2,800 level, with a further push toward $4,000 if 
resistance levels are breached. In his analysis, İbrahim COŞAR emphasizes that 
Ethereum must close consistently above the $2,500–$2,600 range to confirm a 
breakout. Past data suggests that ETH has previously moved sharply after 
breaking out of similar consolidation zones. Specifically, in an earlier 
phase, Ethereum oscillated between $2,100 and $2,800 before moving strongly to 
$4,000. A similar move could unfold if ETH can surpass the $2,800 resistance 
in the current market cycle. COŞAR also noted that Ethereum’s 50-week EMA 
remains a longer-term resistance barrier. A breach of this technical ceiling, 
combined with strong daily closes above short-term resistance levels, could 
indicate the beginning of a more aggressive upward trend. However, the analyst 
advised caution, pointing out that macroeconomic and geopolitical events, 
particularly those involving the US, Israel, and Iran, could trigger market 
volatility. He recommended avoiding excessive leverage during such periods. 
Additional Technical Perspectives Point to Further Gains Javon Marks, another 
crypto market analyst, presented a more aggressive outlook for Ethereum. In a 
recent post, Marks observed that Ethereum has broken above a descending trend 
line, which historically aligns with upward price continuation. He projected 
that Ethereum could see an 81% gain to reach a target price of $4,811.71. 
Furthermore, if momentum builds, an additional rally could extend gains by 
another 77%, pushing prices toward $8,557.68. These projections are not 
guaranteed, but they highlight growing optimism in Ethereum’s market 
structure, especially among traders who base strategies on technical chart 
formations. Related Reading: Ethereum Bounces Hard After Support Bluff, A 
False Alarm Or Fresh Rally? Despite recent volatility, the broader sentiment 
appears to favor a continuation of the upward trend, provided critical 
resistance levels are overcome and no major disruptive events emerge. Featured 
image created with DALL-E, Chart from TradingView

Ethereum Bulls Wake Up: $4,000 Target Back on the Radar After Reclaiming Key Level

One of the victims identified in the police operation said she carried around 
$13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs.