Launched in November 2024, the USDG stablecoin has a total circulating supply of around $356 million.

OKX joins Paxos’ USDG network as stablecoin push intensifies

The bull market may be taking longer than expected to kick into its final 
gear, but the Bitcoin price structure remains bullish and steadily climbing 
within a rising trend channel. However, the potential upper targets have also 
moved higher, and might open the door to unprecedented price levels in the 
weeks ahead. Why The Bull Market Delay Might Be Good News Global uncertainties 
have delayed the second and possibly final phase of the current bull market in 
cryptocurrencies. According to master kenobi&#8217;s post on X, he noted that these 
delays may end up working in our favor. Related Reading: The Bitcoin Liquidity 
Supercycle Has Just Begun, Says Hedge Fund CEO While Bitcoin and altcoins have 
remained within the boundaries of an ascending trend channel, the upper and 
lower limits of this channel are steadily rising, and showing resilience in 
market structure despite the external hesitation. If the second phase of the 
bull market ignited in April, projections suggest that the BTC upper limit 
might have topped out between $134,000 and $155,000. However, as this didn’t 
happen, the upper limit has continued to climb, and if the 50-day pump pattern 
holds, the upper limit could be reached around August 11, at a range of 
$169,000 and $197,000. Naturally, this requires relative global stability. 
&#8220;Let’s hope for another 30 days of calm, as 20 days have already passed,&#8221; the 
analyst added. Why Bitcoin Surge Is A Market-Wide Trigger In an X post, Davie 
Satoshi also mentioned that Bitcoin is on the verge of something big, that BTC 
is hovering in the middle of a multi-year bullish channel. It has been marked 
by long-standing green trendlines, and has just broken through the resistance 
level, which is indicated by a blue dotted horizontal line that has capped 
upside momentum until now. Related Reading: Bitcoin To Reach $135,000 By 
September’s Close, Standard Chartered Forecasts Every time the Stoch Relative 
Strength Index (RSI) crosses over on the monthly chart, it leads to an 
explosive rally, and with the crossover freshly triggered, many see this as 
the start of something big and not just for Bitcoin. The analyst stated that a 
rising tide lifts all boats, and that Bitcoin has always been the bellwether 
of the crypto market. They also suggest that BTC price could surge toward 
$180,000 to $200,000, with a potential top forming around late August to 
September, which will be followed by alt season and peaking in Q4 2025 to Q1 
2026. The memecoins and altcoins continue to dominate the narrative in the 
crypto space this year. The next NFT season two will begin in January 2026, 
followed by the Bitcoin Ordinals in mid-year 2026. “It&#8217;s always a cycle, and 
Not Financial Advice, so gamble responsibly,” he added. Featured image from 
iStock images, chart from tradingview.com

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SUI’s price surged alongside $2.8 billion in daily volume, a sign that 
investors are responding to real developments, from Bitcoin-native lending 
protocols to the SEC’s ETF review window. On July 14, Sui (SUI) jumped more 
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Bitcoin shattered records this week, surging to an all-time high of over 
$123,000 and cementing its position as the world’s fifth-largest asset by 
market capitalization. Report Says Structural Demand Outpaces Issuance as 
Bitcoin Scales New Highs Bitfinex analysts report bitcoin’s explosive 12.3% 
breakout from its January peak was fueled by aggressive bidding from short- 
term holders […]