After amassing 2.8% of Bitcoin’s total supply, Strategy takes a brief hiatus, reporting zero BTC acquisitions for the first time in three months. Meanwhile, a $14 billion unrealized gain in Q2 proves the company’s treasury play works. According to a…

Strategy hits pause on Bitcoin binge after $14b Q2 windfall

Ether has appreciated nearly 90,000% in the 10 years since the two Ethereum 
wallets received their coins.

Two Ethereum Genesis wallets wake, move $2.9M ETH

Crypto analyst Javon Marks has provided a bullish outlook for the Shiba Inu 
price, predicting a potential rally of 180%. The analyst alluded to an 
indicator that suggests that SHIB can record this explosive rally, reclaiming 
the psychological $0.00002 level in the process. Shiba Inu Price Eyes 180% 
Rally As MACD Forms Bullish Divergence In an X post, Javon Marks stated that 
the Shiba Inu price has formed a clear Bullish Divergence with its Moving 
Average Convergence Divergence (MACD). He further remarked that this points to 
a nearly 180% upside for SHIB to rally to $0.000032. Marks added that this may 
only be the start of a much larger positive reversal for the meme coin. 
Related Reading: 65% Of Shiba Inu Holders Suffer Massive Losses As Curse Of 
June Takes Hold His accompanying chart showed that the Shiba Inu price could 
hit this target between now and year-end. This provides a bullish outlook for 
the meme coin, which has greatly underperformed this year. SHIB has recorded a 
45% loss year-to-date (YTD). Meanwhile, the coin is also down over 8% in the 
last 30 days. This represents a change of fortune for the meme coin, which 
recorded a gain of around 150% in 2024. However, based on Javon Marks’ 
analysis, the Shiba Inu price could still end this year in the green if it 
records this projected 180% rally. SHIB could also reclaim one of the top 10 
spots in the ranking of cryptocurrencies by market cap. Fundamentals like the 
SHIB burns and network activity could spark this momentum for the Shiba Inu 
price. In an X post, a SHIB community member revealed that the meme coin has 
just shattered another record. Over 1.5 million on-chain wallets now hold the 
meme coin, with the number still rising. However, the SHIB burns will need to 
pick up as they remain unstable. Shibburn data shows that the daily burns have 
crashed by over 82%, with 1.5 million SHIB burned in the last 24 hours. The 
burn rate is also down around 11% in the last seven days, with 48 million SHIB 
burned during this period. SHIB Can Rally As Much As 600% Javon Marks is still 
confident that the Shiba Inu price can rally as much as 600% in the long term. 
He recently stated that the $0.000081 target for SHIB remains unchanged and 
that sights are still on an over 609% uphill run to reach it in response to a 
massive holding breakout of the displayed resisting trend. Related Reading: 
Can The Shiba Inu Developer Push SHIB Price To $0.01? Expert Responds The 
analyst remarked that due to the post-breakout action, he sees this target 
being broken above, bringing $0.0001553 in play. Marks, however, failed to 
provide a specific timeline for when this 600% Shiba Inu price rally could 
occur. At the time of writing, the Shiba Inu price is trading at around 
$0.00001181, up over 3% in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence

A Chinese task force has issued a warning to Shenzhen residents about 
fraudulent investment schemes targeting stablecoins. Growing Stablecoin 
Popularity A Chinese task force created to combat illicit financial activities 
has warned Shenzhen residents to be wary of fraudulent investment projects 
preying on the public&#8217;s limited understanding of stablecoins. In an alert 
issued July 7, […]

Chinese Task Force Flags Illegal Stablecoin Schemes Amid Growing Interest

&#8220;This was more about staying safe than suddenly getting rich,&#8221; said a crypto 
user who converted a 100-BTC Casascius bar they bought in 2012.

Casascius bar owner gets less physical, moves BTC to wallet after 13 years

Traders are unwinding their bearish positions as Bitcoin holds strong, fueling 
optimism for a potential breakout to $120,000.