With law enforcement lagging and users losing billions of dollars to crypto- related scams every year, Tether’s new investment raises a provocative question: are stablecoin firms now the first line of defense? On July 8, USDT issuer Tether announced a strategic…

Tether’s Crystal Intelligence stake adds teeth to stablecoin surveillance push

In just three weeks, SharpLink’s ETH-per-share exposure jumped from 2.00 to 
2.37. Once known for sports betting tech, the company is now setting 
institutional benchmarks in crypto treasury management, staking every coin, 
tracking exposure, and raising the bar. In a…

SharpLink’s ETH treasury experiment is starting to look like a model, not a gamble

Bitcoin’s recent price action is holding firm above the $108,000 level despite 
a string of minor pullbacks in recent trading sessions. Notably, CoinGecko 
data shows that the Bitcoin price has climbed to an intraday high of $109,116, 
but it wasn&#8217;t able to hold above and has retreated slightly lower at the time 
of writing. Volatility has been relatively subdued for Bitcoin above $106,000. 
However, Doctor Profit, a well-followed crypto analyst, believes Bitcoin is 
still in a bullish structure, and he outlined two likely paths for the next 
major move. Bull Flag And Breakout To $130,000 With Retest The first scenario 
outlined by Doctor Profit involves a breakout to a price level between 
$113,000 and $114,000, which would take Bitcoin to a new all-time high in the 
process. However, this all-time high would be very brief. According to this 
scenario, a sharp correction is expected to follow once Bitcoin reaches this 
range. Related Reading: Analyst Shares Bitcoin Cheat Sheet Showing When The 
Bull Run Begins This correction will send the price back down into the $92,000 
to $93,000 range to fill a CME gap and tap into a major liquidity pool. Rather 
than causing panic, the analyst views this move as part of a bullish 
continuation. This potential retracement zone is clearly marked on Doctor 
Profit&#8217;s daily candlestick chart with the message “Add more if market allows.” 
The pullback, if it happens, would serve to reset the market and initiate a 
bounce before Bitcoin resumes its upward trajectory to $120,000 again. Direct 
Rally To $120,000 Without Retest The second path skips the correction 
altogether. In this scenario, Bitcoin breaks through the flag resistance to 
rally past $113,000. From there, the scenario sees Bitcoin continuing upward 
without returning to the lower support zones. The move hinges on the ability 
of Bitcoin to gain momentum rapidly and lead to a strong push toward $120,000. 
Doctor Profit points out that this option is a more aggressive bullish 
continuation, and both scenarios are valid for bullish price targets in the 
long term. Related Reading: Bitcoin Price To See 52% Increase To $166,000, 
Analyst Reveals Tight Timeline He also debunked fears surrounding the sudden 
movement of a dormant Satoshi-era whale wallet containing 80,000 BTC. The 
analyst believes the transfer was likely an over-the-counter deal between a 
large private entity and an institution or government and not a sign of 
looming sell pressure. Volatility is going to be very low in the coming days, 
as there are no macro market events that can cause price volatility. FOMC 
meeting minutes are due Wednesday, and there are going to be US unemployment 
claims on Thursday, but both are low-volatility events. Nonetheless, the 
$113,000 to $114,000 price range is the most important level to watch in both 
scenarios. What follows from there, a sharp correction or a straight 
continuation, will define the speed of the next leg to $120,000. At the time 
of writing, Bitcoin is trading at $108,270. Featured image from Pixabay, chart 
from Tradingview.com

Bitcoin Price Crash To $92,000 Or New ATHs? Analyst Explains The 2 Options

SOL’s chart projects further upside despite the SEC delaying a decision on a 
Solana ETF approval.

SOL news update: Bullish chart setup trumps Solana ETF delay

The hearing will come after the US Senate passed legislation to address 
stablecoin regulation and Republican House leadership said they would handle 
three bills starting on Monday.

Ripple CEO, ex-US regulators to address market structure at Senate hearing

Nasdaq-listed medical device technology firm BioSig Technologies and real- 
world asset tokenization company Streamex are looking to raise up to $1.1 
billion in financing to launch a gold-backed treasury management strategy 
powered by Solana. BioSig and Streamex said in a press…