Spreading claims that Pump.fun’s $500 million presale tokens are locked due to a missing withdrawal function are false.

Debunked: Pump.fun’s $500M presale funds are not locked

This content is provided by a sponsor. The Little Pepe (LILPEPE) presale has 
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Little Pepe (LILPEPE) Raises $6,575,000 as 5th Presale Stage Ends Faster Than Expectations

Bitcoin is undergoing a slight retrace after hitting a new all-time high of 
$123,000 on Monday. While the broader trend remains bullish, short-term 
sentiment has shifted as selling pressure begins to build. Bulls are now 
defending key support levels, with the $117,000 zone emerging as a critical 
line that could determine whether the uptrend holds or deeper corrections 
follow. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets 
On Long-Term Growth The pullback has introduced fresh uncertainty into the 
market. According to new data from CryptoQuant, Bitcoin Futures Position 
Dominance has started to lean bearish, suggesting that short positions are 
gaining momentum across major derivatives platforms. This shift reflects 
growing caution among traders, particularly as long-to-short ratios weaken and 
funding rates normalize after weeks of elevated bullish activity. Although 
Bitcoin remains far above its 2024 highs and the macro structure still favors 
bulls, the current pause is being closely watched. Investors are looking for 
confirmation that the recent all-time high was not a local top. With fear 
slowly creeping in and derivatives data flashing early warning signs, the 
coming days could be pivotal. Whether bulls can hold the line—or whether bears 
take control—will likely set the tone for Bitcoin’s next major move. Bitcoin 
Retraces As Bearish Sentiment Rises Bitcoin has pulled back more than 5% since 
reaching its all-time high of $123,000 earlier this week, with current price 
action testing the strength of short-term support levels. While retracements 
are common after major breakouts, some analysts note that Bitcoin’s decline 
has been sharper than that of Ethereum and many altcoins, which have either 
held their ground or continued to climb. Top analyst Axel Adler pointed out a 
significant shift in sentiment following the ATH. According to his insights, 
bears began aggressively shorting immediately after the price peak, leading to 
a sharp drop in bullish dominance. Most notably, the long-to-short ratio 
flipped into negative territory for the first time in weeks, signaling a clear 
rise in short interest across derivatives platforms. This pivot in positioning 
reflects growing caution among traders and raises the stakes for bulls. The 
$117,000 level is now seen as a key support zone—if Bitcoin fails to hold 
above it, a deeper correction could follow, potentially dragging the broader 
market down with it. The timing is especially critical. This week, the US 
Congress kicks off “Crypto Week,” a series of discussions and potential votes 
on important legislation that could reshape the regulatory landscape for 
digital assets. The outcome of these debates may act as a catalyst for renewed 
bullish momentum—or deepen the correction if uncertainty dominates. As markets 
brace for clarity, all eyes remain on Bitcoin’s ability to defend $117K and 
reclaim its short-term trend. Related Reading: $30B In Bitcoin Added By 
Accumulator Wallets: Are Long-Term Players Preparing Early? BTC Pulls Back: 
$114K–$117K Key Zone to Watch The 4-hour chart shows Bitcoin retracing sharply 
after reaching an all-time high of $123,200 earlier this week. Currently 
trading at $116,900, BTC has dropped over 5% from its recent peak, marking its 
first significant correction since the breakout above $109,300. This pullback 
brings Bitcoin back toward the $114,000–$117,000 zone, which now acts as 
short-term support. This area coincides with the rising 50-period simple 
moving average (SMA) at $114,466 and is closely aligned with the previous 
breakout structure. A successful retest of this level could provide the 
foundation for a new leg higher. Related Reading: Bitcoin Long-Term Holders 
Remain Steady As CDD Normalizes After False Alarm However, failure to hold 
this zone could open the door for a deeper correction toward the $109,300 
support level, which served as a multi-week resistance throughout May and 
June. The bearish momentum on the latest candles, combined with high sell 
volume, reflects rising short-term uncertainty. Despite this, Bitcoin remains 
above all major moving averages on this timeframe (50, 100, and 200 SMAs), 
indicating that the broader trend is still intact. Featured image from Dall-E, 
chart from TradingView

Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative

New Zealander Julia DeLuney is accused of murdering her mother, Helen Gregory, 
after allegedly stealing tens of thousands of dollars in hidden cash to invest 
in cryptocurrency.

New Zealand woman accused of killing mother after stealing cash for crypto

XRP saw profit booking at $3 but steady buying by large investors suggests the 
rally could send the altcoin’s price to $4.

XRP news update: Uptick in whale volumes could catalyze rally to $4

Cracks in the U.S. economy from its aggressive tariff policies may finally be 
starting to show after inflation climbed 0.3% in June. Bitcoin tumbled on the 
news. Inflation Spikes and Bitcoin Loses Ground The impact of U.S. President 
Donald Trump’s tariffs may finally be showing after the U.S Bureau of Labor 
Statistics (BLS) reported on […]