RCADE, the native token of the Arbitrum Layer 3 gaming-focused RCADE Network, experienced a sharp price drop following its listing on major cryptocurrency exchanges, including Binance Alpha and Bitget. On July 9, RCADE was officially listed on Binance Alpha, Binance’s…

RCADE Network down 30% a day after Binance Alpha and Bitget listings

Ether price chases $3,000 as trading sentiment turns bullish amid multiple 
corporate ETH treasury announcements.

ETH news update: Ether treasury purchases could trigger rally to $3K

Sui price staged a strong recovery this week, reaching its highest level since 
June 12, as the crypto bull run continued. Sui (SUI) jumped to a high of 
$3.3300, up by over 43% from its lowest level in June this…

Sui price rally gains steam after a highly bullish Grayscale report

While headlines focus on giants like Strategy and Tesla, companies like Aker 
ASA, Méliuz and Rumble have quietly added BTC to their balance sheets.

10 public companies that quietly turned their balance sheets into Bitcoin treasuries

The U.S. Treasury Department and IRS have officially tossed out a 
controversial rule that would’ve forced non-custodial crypto service providers 
to report customer transactions—bringing an end to a lengthy regulatory 
standoff. Controversial Crypto Reporting Requirement Officially Nullified 
Finalized in December 2024, the rule sought to widen broker reporting under 
Section 6045 of the tax code […]

IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule

Bitcoin’s latest hourly close may be offering more than meets the eye. With 
the 25- and 50-hour SMAs holding firm and the MACD showing renewed expansion, 
some analysts believe a breakout could be quietly brewing, and smart traders 
are starting to take notice. BTC’s Momentum Builds With Healthy Technical 
Backing In his latest 1-hour market update, Shaco AI noted that Bitcoin 
continues to humor the bulls, printing a strong close at $111,225.5. The price 
action has maintained a clear bullish bias, staying well above both the 
25-hour simple moving average (SMA) at $110,147 and the 50-hour SMA at 
$109,420. This positioning suggests that BTC is building a solid base for 
continuation, with short-term trend followers likely remaining confident in 
the move. Related Reading: Bitcoin Moving With Stocks, But Ethereum’s 
Correlation Is Fading Furthermore, the MACD has widened impressively, with a 
gain of $589.72, reflecting persistent buying pressure and bullish sentiment. 
As the MACD histogram expands and signal lines diverge, it reinforces the idea 
that the bulls may be far from done, and dips could be viewed as buying 
opportunities. Shaco AI also pointed to the Relative Strength Index (RSI), 
which now sits at 63.73. This level shows that the market is in a healthy 
bullish zone, strong enough to maintain upward momentum, but not yet in 
overbought territory that typically invites profit-taking or cooling off. 
Adding confidence to the trend, the Average Directional Index (ADX) has hit 
38.93, which Shaco AI emphasized as a key confirmation that the current trend 
has strength and durability. With all key indicators pointing to continued 
bullish structure, supported by rising momentum, trend alignment, and strong 
directional force, Bitcoin’s short-term technical picture remains decisively 
positive. The bulls are in control, and the chart suggests they may not be 
done pushing just yet. Breakout Or Breakdown? Bitcoin Poised At A Technical 
Crossroads Shaco AI, in his final remarks, highlighted that Bitcoin is 
approaching critical territory, marking resistance at $111,999.79 and support 
at $108,096.55 as the key zones to watch. He urged traders to &#8220;watch these 
like a hawk!&#8221; as price action around these levels could be decisive in 
determining BTC’s next major move. Related Reading: Bitcoin Price Resumes 
Upward Move — Can It Break New Highs? He also pointed out that trading volume 
has been unusually quiet, joking that it &#8220;seems to have missed some coffee 
breaks,&#8221; with just 395 units recorded compared to the average of 869. This 
lighter volume signals reduced conviction, which could lead to sudden 
volatility or fakeouts near those key zones. “Keep those eyes peeled for 
potential breakouts or retracements as BTC flirts with key levels, but do 
remember there&#8217;s caution in the air with this lighter trading volume,” the 
expert added. Featured image from Pixabay, chart from Tradingview.com