After sentencing the three kidnappers to 12 years and ordering civil damages, the court noted the masterminds behind the attack remain at large.

Belgium crypto kidnapping case leads to three 12-year jail sentences

Stablecoins are becoming a key link between DeFi and banking. However, this 
integration introduces risk.

Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm

A bullish pattern on the DOGE chart points to a potential price recovery to 
$0.25.

DOGE double-bottom pattern hints at price rebound to $0.25

Bitcoin wallets that had been dormant for over 14 years suddenly reactivated, 
moving more than 80,000 BTC. According to Lookonchain, two Bitcoin (BTC) 
wallets dating back to 2011 sprang to life and transferred 20,000 BTC each, as 
a Satoshi-era holder…

Bitcoin wallet wakes up after 14 years, moves 80,000 BTC

Ondo has acquired Oasis Pro, a FINRA member and SEC-registered broker-dealer.

Ondo Finance acquires SEC-registered broker-dealer, eyes tokenized securities

Bitcoin may be breaking out—but don’t celebrate yet. Crypto analyst Cristian 
Chifoi warns that the current move is a deceptive setup likely to trap bullish 
traders before Bitcoin eventually surges toward $160,000. In his latest 
YouTube video titled “Bitcoin is breaking out! But why is it bad?”, Chifoi 
dismantles the optimism surrounding Bitcoin’s recent price action, arguing 
that this rally is not the start of a true bull run, but a temporary fakeout 
designed to mislead. Don’t Trust The Bitcoin Pump “From a technical 
standpoint, this could mean a real breakout, retest, and then continuation,” 
Chifoi admits. “But in my opinion, this is a false breakout which can get to a 
new shallow all-time high, maybe $113,000, maybe $120,000 until something like 
July 10 to 12—then we come back in this channel before July 20.” His thesis 
hinges on Bitcoin seasonality, a pattern he has explored in earlier videos, 
which suggests the real macro pivot will only arrive later in the month. “I&#8217;m 
more bullish from July 20 into the start of September,” he says. Related 
Reading: Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report 
Chifoi argues that retail traders are likely to pile in during the breakout 
retest phase, only to be shaken out as market makers use the liquidity to 
reverse the trend. “The majority of retail traders would go long here on a 
retest. The market makers will get their money,” he warns, predicting a trap 
that could drag Bitcoin down to levels near $97,000 before the real uptrend 
resumes. His analysis extends beyond simple technicals. Chifoi points to 
macroeconomic sentiment and Fed policy as crucial context, particularly 
emphasizing that rate cuts would actually be a bearish signal—not bullish as 
commonly believed. “Rate cuts this year would not be bullish at all,” he 
insists. “It’s not Powell who decides, it’s the bond market who decides when 
the rate cuts should come… and when that is happening, it’s because they need 
to panic cut.” Chifoi stresses that the best-case scenario for bulls is 
actually no rate cuts, at least for now. “Just keep the rates at 4.5% maybe 
until year end. If this happens, I’m 100% sure that the market will go higher 
and higher before this starts to happen.” Related Reading: Buy Bitcoin Before 
Jackson Hole—Or Regret It Forever, Says Arthur Hayes Beyond Bitcoin, Chifoi 
forecasts a synchronized move across the broader crypto market once the July 
20 pivot takes place. He highlights Ethereum, XRP, DeFi tokens like CRV, and 
ISO-compliant coins such as IOTA, ADA, and Quant as potential beneficiaries. 
“Bitcoin would drag all the crypto space with it,” he says, adding that older 
players like Filecoin and Polkadot could also catch a bid. Mid-Term Price 
Target Looking further ahead, Chifoi describes the coming period as a 
“stablecoin super cycle,” with DeFi projects and yield-generating protocols 
positioned to gain the most from Wall Street’s hunger for yield. “In crypto, 
only DeFi projects get you yields,” he explains. “Wall Street is boiling up 
for yields.” He also reaffirms his macro thesis that the current financial 
system is on track to be replaced, likening the transition to the 1930s move 
from gold to fiat. “After 100 years of this exact system, this should be 
replaced by another system with liquidity in it,” he says, envisioning a 
cryptographic banking future. Despite the short-term turbulence he expects, 
Chifoi remains long-term bullish. His price target of $160,000 for Bitcoin by 
early September reflects a belief in accelerated expansion—fueled by 
seasonality, delayed policy pivots, and broader adoption. In closing, Chifoi 
reminds his audience to zoom out and trust the high time frame signals. 
Referencing Bollinger Bands on the two-month chart, he notes the beginning of 
another expansion phase similar to late 2020. “After that, the bear market 
begins,” he cautions. But until then, the ride could be fast—and extremely 
volatile. “The next time we cut [rates], it is a big deal and something is 
wrong,” he concludes. “For now, we just want the cuts going higher for 
longer.” At press time, BTC traded at $108,848. Featured image created with 
DALL.E, chart from TradingView.com