Hong Kong prepares third batch of tokenized bonds and unveils a sweeping digital asset strategy to solidify its role as Asia’s crypto finance leader.

Hong Kong prepares third batch of tokenized bonds, eyes more offerings

Although bitcoin has seen its fair share of price swings this week, the 
stablecoin market has quietly ballooned by $2.114 billion—edging ever closer 
to the $260 billion milestone. USDT Leads the Charge as Stablecoins Creep 
Toward $260B Summit Over the last seven days, the stablecoin market has 
climbed 0.84%, ticking up from $253.25 billion to […]

Silent Climb: Stablecoin Market Inches Toward $260B Breakout

JPMorgan’s blockchain lead says merging TradFi with DeFi is accelerating, as 
the bank’s pilot with Chainlink and Base shows traditional institutions moving 
onchain.

DeFi, TradFi convergence could arrive sooner than expected: JPMorgan

The Bitcoin price action was largely sideways rather than strongly bullish for 
most of June. As of early July, the flagship cryptocurrency has maintained its 
movements around $108,000 &#8211; $110,000 region. While Bitcoin still retains its 
bullish market structure, recent on-chain data calls for a level of caution 
when investors are looking for opportunities in the market. Bitcoin Sentiment 
Recovers From Bearish In a July 4 post on the social media platform X, crypto 
analytics firm Alphractal revealed that the Bitcoin investor sentiment is 
“very bullish.” This on-chain observation is based on the Alpha Crypto 
Sentiment Gauge metric. Related Reading: XRP’s 30% Jump To $2.8: Analyst Says 
This ‘Classic Confirmation’ Must Happen First As its name suggests, the 
indicator evaluates the emotions of investors in the market, ranging from 
extreme fear to euphoria. These emotions are represented as color-coded 
interpretations, usually in red, yellow, light green, and dark green, and 
these further represent investor sentiment ranging from bearish to very 
bullish. In the chart shared by Alphractal above, the appearance of a dark 
green colour signals that the market sentiment is “very bullish” at the 
moment. Prior to their July 4 post, Alphractal reported in a June 23 post that 
the market sentiment was flashing bearish signals. In the post on X, the 
analytics firm warned that the bears could be in trouble. Interestingly, the 
bears were indeed in trouble, as Bitcoin picked up more buying momentum, 
consequently liquidating several bearish positions. However, Alphractal 
explained that sighting green does not necessarily mean the market may be at a 
top. Instead, it signals that euphoria is taking over the market, which, 
according to the analytics firm, unlocks a wave of opportunities for Bitcoin 
buyers. Alphractal said: On the other hand, red zones are usually short-lived, 
but offer exceptional buy opportunities — like no other indicator can. As the 
market displayed, the bearish signal interpreted from the Sentiment Gauge 
eventually provided more buying opportunities. Growing market euphoria is not 
the only meaning that can be derived from a green signal in the market. It 
could also serve as a warning for potential overconfidence in the market as 
Bitcoin continues to gain value. If history is anything to go by, the market 
could experience rapid price expansions and an increase in investor risk-on 
approach. On the other hand, the “very bullish” sentiment could also precede 
sharp corrections, especially if fueled by crowd emotion, rather than market 
fundamentals. Whether this green sentiment signals the next price leg up, or 
the establishment of a market top is yet to be known — as a result, traders 
are advised to remain alert. Bitcoin Price At A Glance After its early show of 
strength on Thursday, Bitcoin has lost nearly 2% of its value in the past 24 
hours. As of this writing, the premier cryptocurrency is valued at about 
$107,754. Related Reading: Altcoin Season Not Remotely Close, Bitcoin 
Dominance Still Too High: Market Expert Says Featured image from iStock, chart 
from TradingView

Bitcoin Investor Sentiment Back To ‘Very Bullish’ — What This Means

Bitcoin price closed at $108,199 on July 5, 2025, positioning the asset within 
a tight intraday range of $107,386 to $109,117. With a market capitalization 
of $2.151 trillion and a 24-hour trading volume of $21.145 billion, bitcoin 
continues to consolidate under key resistance amid muted directional 
conviction. Bitcoin On the 1-hour chart, bitcoin displayed a […]

Bitcoin Price Watch: Calm Before the Storm—Could Bitcoin Shatter the $111K Ceiling This Week?

Bitcoin is facing resistance just below its $112,000 all-time high, struggling 
to break into price discovery as the market gains momentum. After reaching a 
high of $110,500 yesterday, BTC has retraced over 2%, but price action remains 
bullish. Traders are closely watching this consolidation, which may act as a 
springboard for a decisive move upward. Related Reading: Ethereum Forms Rising 
Wedge Pattern – $2,200 Support Back In Focus? According to top analyst Ted 
Pillows, multiple technical indicators support a bullish outlook. Notably, 
Bitcoin has just confirmed a bullish MACD crossover on the daily timeframe, 
which is often a precursor to upside continuation. Adding to the bullish case 
is Bitcoin’s highest monthly close in history, a key psychological milestone 
that could bring new inflows and spark renewed interest from sidelined 
investors. The current setup points to a market that’s primed for upside, 
provided buyers can reclaim the $112K level. As macroeconomic uncertainty 
fades and bullish momentum builds across the crypto space, Bitcoin could soon 
enter uncharted territory. All eyes are on the next few sessions as BTC tests 
critical levels with strong technical backing. Bitcoin Nears Crucial Breakout 
Phase Amid Bullish Momentum Bitcoin has gained over 10% since June 22, 
climbing from local lows near $98,000 to current levels around $108,000. This 
steady advance reflects renewed optimism across the crypto market, but the 
asset now enters a critical phase. Price action has stalled just below the 
$112,000 all-time high—a resistance level that has capped Bitcoin’s upside 
since late May. The coming days will be decisive, as a breakout above this 
level could trigger price discovery, while a rejection may open the door for a 
broader pullback. Despite the short-term uncertainty, the long-term outlook 
remains firmly bullish. Many analysts argue that an eventual move beyond $112K 
is inevitable, driven by favorable macro trends, strong institutional 
interest, and growing demand for spot ETFs. Still, caution is warranted. A 
failure to hold current support levels—especially the $105,000–$106,000 
zone—could lead to a drop below $100,000 and shake out overleveraged 
positions. Ted Pillows remains confident, stating, “You can’t be bearish on 
Bitcoin now.” His view is based on a confluence of technical factors: a 
confirmed bullish MACD crossover, a clean support retest, and Bitcoin’s 
highest monthly close on record. These signals, combined with steady momentum, 
suggest that a new all-time high could be just days away. Related Reading: 
Chainlink Consolidates Above Key Support – Bulls Eye $20 Range BTC Faces 
Rejection At $109K, Eyes Key Support At $106K Bitcoin’s price is consolidating 
after failing to hold above the $109,300 resistance level, as seen on the 
4-hour chart. After briefly tapping above $110,000, BTC retraced and is now 
hovering around $107,961. This rejection suggests that the all-time high zone 
remains a major obstacle for bulls despite the ongoing uptrend. Price is now 
testing the 50 SMA (blue line), currently acting as dynamic support, while the 
100 and 200 SMAs (green and red) below provide a broader safety net in the 
$106,000–$106,500 region. The key level to watch remains $109,300. A decisive 
break and close above this level on strong volume would likely signal the 
start of price discovery. However, if bears manage to push BTC below $106,000, 
we could see a retest of the $103,600 support—an area that has held multiple 
times since late May. Related Reading: Ethereum Looks Strong Despite 
Volatility – $10,000 Price Target Gains Momentum Volume is relatively low 
compared to previous impulse moves, indicating that the current pullback may 
be a healthy pause rather than a trend reversal. For now, Bitcoin’s structure 
remains bullish, with higher highs and higher lows intact. If bulls can defend 
this support zone and regain momentum, a new attempt at breaking $112,000 may 
come sooner rather than later. The next 48–72 hours will be critical. Featured 
image from Dall-E, chart from TradingView