Pump.fun co-founder, Alon Cohen, comments below a post by crypto KOL Downsin Jerome that claims there will be an alleged airdrop for Solana wallet holders on July 24. In a recent post, crypto influencer Downsin Jerome claimed that the meme…

Pump.fun’s Alon reacts to news about an alleged PUMP airdrop on July 24

StablecoinX is a new business venture formed after the merger of special 
purpose acquisition company TLGY Acquisition and StablecoinX Assets Inc.

StablecoinX launches Ethena treasury strategy with $360m ENA buy

Altcoin season may be underway as institutional capital flows into ether and 
other major L1s. Regulatory clarity and exchange-traded fund (ETF) momentum 
are fueling renewed interest, with ETH leading across key market indicators. 
Altcoin Season Awakens: Institutional Money Moves Into ETH, SOL, and XRP The 
crypto market may be entering a new phase, with altcoin […]

Institutions Fuel Surge in Altcoin Momentum With ETH in the Lead

Following its latest freeze of nearly $86K in stolen USDt, Tether’s 
enforcement capabilities are again in the spotlight — raising questions about 
centralized control in stablecoin ecosystems.

Stablecoin or CBDC? Tether’s latest freeze adds fuel to decentralization debate

Sandbox is trading at a critical inflection point, showing signs of a 
potential trend reversal. If key resistance levels break, the price could 
accelerate toward the $0.60 region.

Sandbox forms bullish double bottom, eyes breakout above $0.42

Ethereum is showing renewed strength after a sharp rally of over 50% in less 
than a week, pushing prices firmly above the $3,700 level. The move signals 
clear bullish control, with ETH reclaiming critical territory and holding 
steady near recent highs. The rapid price expansion has reignited optimism 
across the market, as traders and analysts closely watch for continuation or 
signs of exhaustion. Related Reading: Ethereum Open Interest Hits Record $50 
Billion – Volatility Incoming? Currently, Ethereum&#8217;s momentum suggests that 
bulls are preparing to challenge the psychological $4,000 barrier. According 
to key derivatives data, this level represents a critical pressure point for 
bearish positions. If reached, massive short positions could face liquidation, 
potentially fueling even more upside through a cascade of forced buybacks. 
Market participants are watching for confirmation through volume expansion and 
follow-through buying pressure. A decisive break above $3,800 could open the 
path to $4,000 and beyond, while failure to maintain support may trigger a 
temporary cooling-off period. Either way, Ethereum’s current setup suggests 
that significant volatility and opportunity lie just ahead. Massive Short 
Liquidation Looms As Ethereum Targets $4,000 Ethereum’s recent rally has put 
pressure on short-sellers, and top analyst Ted Pillows has highlighted a 
critical level that could trigger a major squeeze. According to Pillows, 
approximately $331,170,000 worth of short positions will be liquidated if ETH 
reaches the $4,000 mark. This data point reveals a highly asymmetric setup 
where a single upward push could set off a domino effect of forced buybacks, 
fueling even more upside. In crypto markets, when short positions are 
liquidated, traders are forced to buy back the asset to cover their losses. 
This automatic buying adds to the existing demand and can rapidly accelerate 
the price action, leading to what is known as a short squeeze. Given the 
concentration of shorts at $4,000, a clean break above this level could result 
in a sudden and aggressive price spike, catching bears off guard and shifting 
momentum further in favor of the bulls. Beyond technical triggers, Ethereum is 
also benefiting from improving macro conditions. Legal clarity in the US — 
through recent legislation like the Clarity and GENIUS Acts — is reducing 
regulatory uncertainty for projects and investors alike. Combined with 
increasing ETF inflows and rising on-chain activity, these factors suggest 
Ethereum could be entering the early stages of a much larger expansion phase. 
As the $4,000 level approaches, all eyes are now on whether this key threshold 
will act as a catalyst for Ethereum’s next major leg up. Related Reading: 
Chainlink Sees Heavy Accumulation – Whales Add 8M LINK In One Month ETH Eyes 
Breakout As Momentum Builds Ethereum (ETH) continues to show impressive 
strength, currently trading around $3,817.49 after gaining 1.57% on the day. 
The chart reflects a powerful upward move, with ETH surging past major 
resistance near $2,850. The recent breakout has been supported by strong 
volume, confirming bullish conviction as Ethereum rapidly approaches the 
psychological $4,000 mark. The 50-day, 100-day, and 200-day moving averages 
are all trending upward, further validating the current uptrend. ETH is well 
above all key SMAs—specifically the 200-day SMA at $2,824.88—which now acts as 
solid macro support. The next test lies just above current levels at the 
$3,850–$4,000 zone, a historically significant resistance area. A breakout 
here could spark a larger move, potentially leading to new yearly highs. 
Related Reading: Satoshi-Era Bitcoin Now For Sale: Galaxy Digital Sends 1,500 
BTC To Binance However, traders should remain cautious. After a 50%+ rally in 
just a few days, a period of consolidation or a brief pullback wouldn’t be 
unusual. If Ethereum fails to break and hold above $4,000, we could see a 
retest of the $3,742 support. Featured image from Dall-E, chart from 
TradingView