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 than 10% in 24 hours,…

Sui price rebounds 10% as tBTC goes live and ETF prospects solidify

A newly launched XRP ETF in Canada has surged past $50 million in assets 
within weeks, fueled by zero fees, regulatory clarity, and institutional-grade 
crypto exposure. 3IQ’s XRP ETF Crosses $50M in Weeks With Zero Fees and Full 
Regulatory Backing Rising demand for regulated crypto investment products, 
particularly in assets like XRP, is driving capital […]

3IQ’s XRP ETF Shatters $50M Barrier Fast—Is This the Next Crypto Giant in Play?

Bitcoin has set a new all-time high (ATH) around $123,000, but cryptocurrency 
market inflows are still far from the peak observed back in 2024. Crypto 
Capital Inflows Are Currently Sitting At $51 Billion As pointed out by analyst 
Ali Martinez in a new post on X, there is a stark difference in capital 
participation between the current Bitcoin rally and the one from December 
2024. Related Reading: Bitcoin Breaks $118,000—But Liquidity Still Thin, 
Glassnode Warns Below is the chart shared by the analyst that compares the two 
bull runs. The graph captures the 30-day capital flows occurring for Bitcoin, 
Ethereum, and the stablecoins. For the former two assets, it tracks them using 
the Realized Cap indicator. The Realized Cap is a capitalization model that 
calculates a given cryptocurrency&#8217;s total value by assuming that each coin in 
the circulating supply has its value equal to the last time it changed hands 
on the network. In short, what the metric represents is the amount of capital 
that investors of the asset as a whole have put into it. Changes in this 
indicator, therefore, correspond to the entry or exit of capital into the 
network. As is visible in the chart, the 30-day Realized Cap change for 
Bitcoin and Ethereum (colored in orange) has gone up alongside the latest 
price rally, indicating that capital has flowed into these coins. It&#8217;s also 
apparent that stablecoin flows (blue) have also noted an uptick, although the 
scale has been smaller. For stables, capital flow can be directly measured 
using the market cap, since their price is always pegged to $1 means that the 
Realized Cap never differs from the market cap. In the cryptocurrency sector, 
capital mainly comes in through three entry points: Bitcoin, Ethereum, and 
stablecoins. The altcoins usually only receive a rotation of capital from 
these assets. Since the flows related to the three have recently been 
positive, the market as a whole has been getting an injection of capital. In 
total, the aggregate capital inflows for the cryptocurrency sector have stood 
at $51.2 billion for the past month. This is certainly a sizeable figure on 
its own, but it pales in comparison to what was witnessed before. Related 
Reading: Bitcoin Price Breaks 8-Year Resistance Line That Failed In 2017-2021 
As Martinez has highlighted in the chart, the monthly capital flows peaked at 
almost $135 billion in the December 2024 Bitcoin rally above $100,000, more 
than double the latest number. Something to keep in mind, however, is the fact 
that the previous run was more explosive, while the latest one has come in two 
waves: an initial recovery surge above $100,000 that led into a consolidation 
phase and the current breakout into the $120,000 levels. This could, at least 
in part, explain why the metric has appeared relatively cool recently. Bitcoin 
Price At the time of writing, Bitcoin is trading around $121,700, up nearly 3% 
over the last 24 hours. Featured image from Dall-E, Glassnode.com, chart from 
TradingView.com

Bitcoin Hits $123,000—But Inflows Are Just A Fraction Of 2024’s Peak

Bitcoin&#8217;s foundational role as a secure settlement layer may ensure its 
enduring relevance despite competition from advanced blockchains.
The post Ripple CTO David Schwartz sees Bitcoin as the bedrock of the digital 
asset ecosystem appeared first on Crypto Briefing.

Ripple CTO David Schwartz sees Bitcoin as the bedrock of the digital asset ecosystem

Crypto is charging into a powerful, long-term bull market driven by 
institutional adoption, regulatory clarity, and real-world integration, 
setting the stage for explosive global transformation. Wall Street Analysts 
Signal Extreme Confidence as Crypto Enters Mega Bull Phase A growing wave of 
institutional momentum is redefining crypto’s trajectory, with analysts 
anticipating a long crypto bull market […]

Analysts See Long Crypto Bull Market as Institutional Fuel and Regulation Align

Bitcoin has reached new milestones this week, briefly breaking above the 
$123,000 mark earlier today before retracing slightly to $121,812 at the time 
of writing. This follows a week of strong gains, with BTC rising by more than 
10% amid a broader uptrend in the cryptocurrency market. Despite the minor 
pullback, market analysts are closely monitoring on-chain and derivatives data 
to assess whether momentum is building toward a more aggressive phase of the 
rally. The recent surge has also benefited the broader cryptocurrency 
ecosystem, lifting total global crypto market capitalization to just under $4 
trillion. Related Reading: Bitcoin Breaks Records: What Miners and Leverage 
Traders Are Doing Behind the Scenes While Bitcoin continues to dominate in 
terms of volume and influence, sentiment metrics suggest that traders and 
investors may still be approaching with measured optimism. According to 
analysts, several indicators are now pointing to a potential shift in market 
dynamics that could influence Bitcoin’s next major move. Market Euphoria Not 
Yet Confirmed CryptoQuant contributor Joao Wedson has offered insights into 
the current structure of the Bitcoin market through an analysis of the price 
gap between spot and perpetual futures contracts on Binance. In a recent 
QuickTake post, Wedson noted that the spot price of Bitcoin continues to 
outpace the perpetual futures price, a sign that market sentiment has not yet 
tipped into full euphoria. Historically, a positive gap between the two 
markets has signaled increased speculative activity and the onset of parabolic 
rallies. &#8220;The gap is still in negative territory,&#8221; Wedson stated, “but the 
narrowing trend indicates that sentiment may be transitioning from cautious to 
more optimistic.&#8221; The analysis implies that traders in the futures market have 
yet to aggressively price in further upside, possibly waiting for stronger 
confirmation before deploying leverage. Should this gap flip to positive 
territory, it could be interpreted as a sign of increased risk appetite, 
potentially fueling a sharper upward move. Wedson also emphasized the 
importance of monitoring how derivatives markets respond in the coming days. 
“If the trend continues and flips positive, we could see a more intense phase 
of the rally driven by leveraged traders,” he wrote. Until then, the current 
environment appears to reflect a market in the process of building a 
foundation, rather than one that has already entered a euphoric phase. Bitcoin 
Profit-Taking Remains Measured In another analysis, CryptoQuant’s Enigma 
Trader examined the Spent Output Profit Ratio (SOPR), a key indicator used to 
evaluate the extent of realized profits by Bitcoin holders. According to the 
post, SOPR levels have remained moderately above 1 as BTC hit new highs, 
suggesting that some profit-taking is occurring, but not at a rate that 
disrupts the broader trend. The analyst observed that a spike in SOPR around 
July 3–4 coincided with short-term holders taking profits. Related Reading: 
The Bitcoin Liquidity Supercycle Has Just Begun, Says Hedge Fund CEO However, 
this activity did not result in significant downward pressure on price. “This 
behavior points to a healthy price discovery process,” Enigma Trader noted, 
adding that such conditions typically support continued upward movement when 
demand remains intact. Featured image created with DALL-E, Chart from 
TradingView