Money markets platform Spiko is tapping into Chainlink’s cross-chain interoperability protocol to enable multichain access to over $380 million in regulated on-chain funds. The European fintech announced on July 1, 2025, noting that it was integrating Chainlink (LINK), with the…

European fintech Spiko integrates Chainlink’s CCIP for $380m money market funds

Ethena’s native token ENA is trading at $0.2546 at press time, down 4% in the 
last 24 hours and extending its 17% decline over the past month as another 
token unlock looms. The recent pullback has placed ENA within a…

Ethena stalls below key level as 40M ENA token unlock approaches

Bitcoin (BTC) attempted to reclaim the $108,000 resistance level again but 
faced rejection as the third quarter (Q3) started, leading some market 
watchers to suggest caution for the upcoming months. Related Reading: Solana 
Summer Loading? SOL Eyes $180 Following Staked ETF-Fueled Breakout Bitcoin 
Holds Crucial Range Bitcoin&#8217;s price ended the second quarter with a retest of 
the $108,000 barrier before being rejected and closing Q2 and June around the 
$107,140 area, its highest monthly close in history. Despite the positive 
performance, the flagship crypto started July with a pullback toward the 
$105,000, hitting a one-week low of $105,623. Analyst Rekt Capital affirmed 
that this suggested BTC’s post-breakout retest is in progress, which would 
strengthen the cryptocurrency’s case for another leg up. The analyst 
previously explained that Bitcoin needed a weekly close above the $104,400 
support after losing it, as reclaiming this area would solidify its price 
recovery and position the cryptocurrency for a retest and confirmation of this 
level. Additionally, it would continue building its base around this area to 
transition into BTC’s second Discovery Uptrend. According to the Tuesday 
analysis, the new weekly close suggests Bitcoin is positioned for another 
post-breakout retest. The analyst also noted that, in the past 40 days, BTC 
broke out of two 2-week downtrends but was rejected from the crucial 6-week 
downtrend, around the $108,000 mark, during the same timeframe. Sjuul from 
AltCryptoGems noted the rejection from this level, affirming that “it is 
mandatory for bulls to step in quickly and not allow the price to have too big 
of a dip.” The flagship crypto needs a “strong bounce from the most important 
support and resistance level, just at $106-104K,” which it has momentarily 
held. To the analyst, failing to hold this area would open the door for a 
bigger pullback, risking a drop to the Macro support between $101,000 and 
$102,000. He highlighted a big gap between the current support area and the 
Macro support, which formed on the recent price recovery. BTC Risks Massive 
Drop In Q3 Sjuul pointed out that below the $101,000 support, “there is not 
much to defend the price from falling much lower,” adding that the “historical 
quarterly return of BTC for Q3 has not been great, so this adds some extra 
caution to the picture we have taken from the chart.” Similarly, Daan Crypto 
Trades asserted that historical data shows that Q3 is generally the slowest 
period for Bitcoin and Ethereum (ETH) due to the decreasing activity, volume, 
and liquidity during the summer months. He added that, as a new quarter and 
month begin, BTC will likely see a “choppy start,” but Bitcoin is still 
consolidating within its current range and descending channel, suggesting that 
investors should give it time to “play out and watch for confirmations” of the 
direction it will take for the rest of the month. Related Reading: BitMine 
Stock Soars 700% After $250 Million Raise For Ethereum Treasury Nonetheless, 
analyst Ali Martinez gave a warning signal, as an indicator that had predicted 
“every major Bitcoin crash” has just appeared. Per Martinez, the Tom Demark 
Sequential indicator, a rare warning that has historically preceded violent 
pullbacks, flashed a sell signal in the quarterly timeframe. Notably, the same 
signal appeared in 2015 and 2018, with BTC retracing over 75% and 85% after 
the indicator flashed. If it follows its historical performance, the analyst 
forecasted that BTC could drop to the $40,000 mark this quarter. As of this 
writing, Bitcoin is trading at $105,901, a 1.16% decline in the daily 
timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin Holds Key Level Amid $108,000 Rejection, But Analysts Suggest Caution This Quarter

The U.S. Securities and Exchange Commission has approved Grayscale’s request 
to convert its Digital Large Cap Fund into a spot exchange-traded fund. 
According to a July 1 SEC filing, approval allows the fund to list and trade 
on NYSE Arca,…

SEC approves conversion of Grayscale’s crypto large-cap fund to an ETF

Stablecoin issuer Tether has partnered with the Zanzibar e-Government 
Authority (eGAZ) to advance digital asset education and drive financial 
innovation in developing regions. Advancing Financial Literacy Stablecoin 
issuer Tether has signed a pivotal Memorandum of Understanding (MoU) with the 
Zanzibar e-Government Authority (eGAZ) to advance digital asset education and 
financial innovation across developing regions. Tether […]

Tether Signs MoU to Advance Financial Inclusion in East Africa

XRP price started a fresh decline from the $2.320 zone. The price is now 
correcting gains and might find bids near the $2.120 zone. XRP price started a 
fresh decline from the $2.320 zone. The price is now trading below $2.220 and 
the 100-hourly Simple Moving Average. There was a break below a key bullish 
trend line with support at $2.20 on the hourly chart of the XRP/USD pair (data 
source from Kraken). The pair could extend losses if it fails to clear the 
$2.220 resistance zone. XRP Price Dips Further XRP price failed to extend 
gains above the $2.320 resistance and started a fresh decline, like Bitcoin 
and Ethereum. The price declined below the $2.250 and $2.220 support levels. 
Besides, there was a break below a key bullish trend line with support at 
$2.20 on the hourly chart of the XRP/USD pair. The pair even spiked below the 
$2.150 level. A low was formed at $2.148 and the price is now consolidating 
losses below the 23.6% Fib retracement level of the downward move from the 
$2.327 swing high to the $2.148 low. The price is now trading below $2.220 and 
the 100-hourly Simple Moving Average. On the upside, the price might face 
resistance near the $2.20 level. The first major resistance is near the $2.220 
level. The next resistance is $2.2380. It is close to the 50% Fib retracement 
level of the downward move from the $2.327 swing high to the $2.148 low. A 
clear move above the $2.2380 resistance might send the price toward the 
$2.2850 resistance. Any more gains might send the price toward the $2.30 
resistance or even $2.320 in the near term. The next major hurdle for the 
bulls might be $2.40. Fresh Decline? If XRP fails to clear the $2.220 
resistance zone, it could start another decline. Initial support on the 
downside is near the $2.150 level. The next major support is near the $2.120 
level. If there is a downside break and a close below the $2.120 level, the 
price might continue to decline toward the $2.050 support. The next major 
support sits near the $2.020 zone. Technical Indicators Hourly MACD – The MACD 
for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative 
Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support 
Levels – $2.150 and $2.120. Major Resistance Levels – $2.220 and $2.2850.