Bitcoin reverses its push beyond $110,000 as markets discount the odds of the Federal Reserve lowering interest rates before September.

Bitcoin dices with $110K as US jobs beat takes Fed rate cut 'off table'

North Korean hacking groups are developing new methods to target Web3 
companies, including some aimed at infecting Apple systems. Additionally, the 
use of social engineering is becoming more prevalent in these attacks, 
highlighting the level of preparation involved in these operations. North 
Korean Hackers&#8217; New Methods: Nim Malware and Clickfix Hackers groups from 
North Korea […]

North Korean Hacking Groups Employ New Methods to Target Web3 Companies

In a recent post on X, Michael Steinbach highlighted that Toncoin’s current 
price is at $2.80, which he considers one of the most exciting levels of the 
year. With momentum building, Steinbach noted that traders everywhere are now 
asking the same question: Is a breakout finally underway, or is a sharp sell- 
off just around the corner? Toncoin Locked In A Narrow Range Between $2.70 And 
$2.80 Analyzing the daily chart, Michael Steinbach points out that Toncoin has 
been locked in a tight range between $2.70 as support and $2.80 as resistance 
for several weeks now. He warns that jumping into the market without a clear 
plan is a recipe for losses, especially when others are already navigating 
these well-defined zones with precision. Related Reading: Toncoin Heading 
Toward 40% Breakout, Pattern Could Suggest He highlights the RSI sitting at 
39, a relatively weak position. While it&#8217;s not yet in oversold territory, 
Steinbach notes that buyers may be holding off for deeper levels. Back in 
April, a strong rebound occurred from below 30, making the 30–32 zone a 
critical area to watch for potential bullish reactions. In terms of risk, 
Steinbach warns that a break below the $2.70 support could hand control over 
to the bears. If that level fails, the next downside targets to watch are 
$2.50 and, in a worst-case scenario, $2.00. He reminds traders that repeated 
tests of a support zone tend to weaken it over time, and when it finally 
cracks, the fallout can come fast. Whether watching for a breakout or a 
breakdown, having a plan is essential. Reacting after the crowd moves rarely 
pays off; it’s the calm, pre-planned decisions that give traders the edge when 
volatility strikes. Breakout Or Pullback? Define The Setup Before Entering In 
outlining the bullish scenario, the analyst noted that if Toncoin manages to 
secure a daily close above the $2.80 resistance, momentum could quickly follow 
through. This breakout could open the path toward $3.00, with an extended 
target near $3.40, representing a potential 26% gain from current levels. 
That’s the kind of upside savvy traders prepare for. Related Reading: Toncoin 
Rises 13% On Telegram’s $300 Million Deal With Elon Musk’s xAI So, what’s the 
key takeaway? According to the analyst, successful trading doesn’t rely on gut 
feeling; it requires well-defined triggers. That means either entering on a 
confirmed breakout above $2.80 with a stop-loss just below, or stepping back 
and waiting for a pullback that aligns with RSI signals. The focus should 
always be on minimizing risk while allowing profits room to grow. As for now, 
the analyst sees the trend as sideways to slightly bearish. Until the chart 
sends a crystal-clear signal, the best approach is patience — no FOMO trades, 
no blind bets, just disciplined setups. Featured image from Medium, chart from 
Tradingview.com

Toncoin Walks A Tightrope At $2.80 As Market Tension Builds – What Next?

Long‑term holders of Bitcoin may need to see a fresh high around $140,000 
before they enjoy the same kind of profits they saw earlier this cycle. 
Related Reading: Bitcoin Holds Steady Above $107K As US Senate Clears $4.5T 
Spending Bill According to CryptoQuant, that price point lines up with past 
peaks in realized gains for those who have kept their coins untouched for at 
least six months. &#8216;Market Magnet&#8217; Theory CryptoQuant used the Market Value to 
Realized Value (MVRV) ratio to track how deep in profit holders are right now. 
Based on reports, the average realized profit for long‑term holders stands at 
about 220%. That sounds healthy. But in March and December 2024, holders were 
sitting on roughly 300% and 350% gains, respectively. The gap between today’s 
220% and those earlier highs is what Darkfost, a CryptoQuant contributor, 
calls a form of “market magnet.” Many are calling for $140,000 BTC so that 
unrealized profits match the cycle’s top levels. Profit‑Taking Trends 
Long‑term investors have been selling as Bitcoin flirts with new highs. Recent 
data shows that these holders have driven much of the selling pressure in the 
past few weeks. The average cost basis for this group — the realized price — 
is near $33,800. That means anyone buying before six months ago would need 
Bitcoin to reach $33,800 just to break even. And to hit the profit levels of 
March and December 2024, BTC must climb to $140,000. This dynamic pushes some 
traders to lock in gains early, while others hold on for bigger moves. Super 
Majority Still In The Green Based on reports, a super majority of Bitcoin 
investors are sitting on unrealized profits worth a combined $2.5 trillion. 
That number reflects the overall strength of the market’s recent rally. Even 
so, many investors remain confident that fresh buying can soak up any waves of 
profit‑taking. The current phase feels like a pause. Buyers and sellers are 
sizing each other up. The question now is whether demand will pick up enough 
to drive that magnet‑level price. Related Reading: Insane Or Insightful? VC 
Firm Says XRP Could Reach Nearly $9,000 In Just 5 Years Cycle Outlook And Next 
Steps Analysts said that Bitcoin looks ready for a post‑breakout retest after 
breaking a multi‑week downtrend that began in mid‑May. They added that the 
bull run might only have several months left before a final surge and then a 
change in trend. If this view holds, that final push could be the moment when 
BTC nears or even hits $140,000. After that, history suggests a sharp peak and 
then a cool-down. Featured image from Imagen, chart from TradingView

Bitcoin Needs $140K To Match Peak Profits, On-Chain Data Shows

WhiteRock Finance founder Ildar Ilham was reportedly detained in the UAE more 
than a year after Dutch authorities announced an arrest linked to ZKasino.

WhiteRock founder to be extradited over $30M ZKasino case — ZachXBT

The summer heat is taking a toll on U.S.-based Bitcoin mining operations, with 
multiple public miners reporting lower realized hashrates in June due to 
curtailments to avoid high power costs and grid penalties. This article is 
from Theminermag, a trade publication for the cryptocurrency mining industry, 
focusing on the latest news and research on institutional […]