Ethereum institutional demand is driving strong price gains, with corporations and ETPs buying more ETH than new supply issued. The post Bitwise CIO points to demand shock driving ETH higher appeared first on Crypto Briefing.

Bitwise CIO points to demand shock driving ETH higher

A high-profile crypto ETF holding bitcoin, ether, XRP, and more wins SEC 
approval, but a surprise stay halts its launch, leaving markets hanging in 
suspense. SEC Stay Delays Launch of Bitwise ETF Featuring Bitcoin, Ether, XRP, 
and More The U.S. Securities and Exchange Commission (SEC) approved a major 
multi-asset crypto exchange-traded fund (ETF) on July […]

SEC Grants, Then Halts, Approval for Crypto ETF With XRP: Expert Calls It ‘Bizarre Situation’

Litecoin (LTC) is picking up speed. The coin is now trading at $116 after 
rising 20% over the last seven days. Trade volume has also jumped by 1.30%, 
hitting $1.27 billion. Related Reading: Too Pricey? Expert Says XRP Beats 
Bitcoin And Ethereum Right Now That’s a clear sign of growing activity. Over 
the past week, LTC has surged by 24%, reaching a high of $119.21. For many 
traders watching the charts, momentum is starting to build again. Bulls Eye 
$125 As Momentum Builds Crypto analyst Naveed said Litecoin has broken through 
a key resistance level. According to him, the price “filled the fair value 
gap” and moved higher just as predicted. The next target now falls in the 
$120–$125 zone. That’s the level many traders are watching as a potential 
breakout point. $LTC just broke above a key level just as told before and is 
now flying at $118.26 &#8211; Price filled the FVG and pushed HIGHER &#8211; Target hit ✅ 
Next target: $120–$125 zone Let’s see if bulls can keep it going 
https://t.co/ozGP3gVXA3 pic.twitter.com/PB59Jy832U — Naveed (@navex_eth) July 
21, 2025 The growing optimism isn&#8217;t just about short-term moves. Some analysts 
have projected that LTC might reach as high as $262 sometime in 2025, even 
after a rough start to the year. Their outlook includes a rise to $140, 
followed by a potential dip under $94 before making a comeback. The long-term 
picture includes a shot at the previous all-time high of $413, although that’s 
a steep climb from where it is now. Litecoin Sentiment Turns Bullish 
Meanwhile, CoinCodex gave a more conservative outlook. They expect LTC to rise 
by 15% and hit $134 by August 22, 2025. Their technical indicators show that 
the overall sentiment is bullish. Also, the Fear &amp; Greed Index is currently 
sitting at 74, which points to high confidence—or greed—among investors. LTC 
has registered gains on 19 of the previous 30 trading days. That&#8217;s 
approximately 60% of the time, with price fluctuations of nearly 11%. It&#8217;s an 
indicator that Litecoin&#8217;s price is going up, but it&#8217;s not doing so in a linear 
motion. Investors are finding space for appreciation but are aware the market 
is still volatile. Market Watching $140 After $125 Test If LTC clears the $125 
resistance, the path toward $140 could open up. A lot of traders agree this 
level is important, not just from a technical point of view but also because 
of growing market interest. Social chatter is increasing, and trading activity 
is starting to pick up across different crypto exchanges. Related Reading: 
Solana DeFi Rebirth: TVL Breaks Past $14 Billion Amid Price Surge However, not 
everything is certain. Global markets are still reactive to such things as 
interest rate changes, inflation reports, or policy changes. Crypto regulation 
is also something that might shift sentiment very rapidly. But Litecoin&#8217;s 
recent resilience has allowed it to outshine altcoins during this month. With 
$134 in sight and a possible return to $262 in 2025, Litecoin is showing signs 
of life again. Whether it can sustain the rally will depend on what happens 
next—especially around that $125 line. Featured image from Unsplash, chart 
from TradingView

Litecoin Is On Fire: $120–$125 Range In Bullish Crosshairs

Analysts project a 4.8% growth rate in S&amp;P 500 earnings per share (EPS) for 
Q2, which would be the slowest since Q4 2023. Still, historically, 75% to 77% 
of S&amp;P 500 companies exceed EPS estimates. Major banks like JPMorgan Chase, 
Citigroup and Bank of America have already reported better-than-expected 
results for Q2 2025. S&amp;P 500 […]

AI Stocks Expected to Drive Future Growth Amidst Mixed Earnings Season

After nearly eight years of being trapped under a long-term resistance line, 
XRP is set to make headlines again as it inches closer to a historic breakout 
against Bitcoin (BTC). With XRP Spot ETF approvals still pending, this 
breakout could signal the start of a significant shift in momentum and price 
trajectory. XRP To Break Major Resistance Against Bitcoin The XRP/BTC trading 
pair is rapidly approaching a critical technical breakout that could reshape 
its long-term value outlook. Crypto market expert Gordon noted in his chart 
analysis on X social media that XRP/BTC is close to breaching an 8-year 
descending resistance line—a move that could spark a major structural change 
in the market. Related Reading: XRP Open Interest Explodes To January ATH 
Levels, Will Price Follow Above $3? A breakout from this resistance could not 
only signal the end of nearly a decade of underperformance against Bitcoin but 
also serve as a potential precursor to a broader revaluation of XRP. Gordon’s 
biweekly chart illustrates XRP&#8217;s historical struggle to gain ground against 
Bitcoin, with repeated rejections from a strong descending line that has acted 
as a barrier since 2017. However, after experiencing long years of 
consolidation and accumulation, XRP/BTC now appears to be forming a large 
Symmetrical Triangle, with the current price hovering just below the upper 
boundary of the formation. Based on Gordon’s analysis, this technical 
compression suggests an imminent breakout, especially as price action builds 
momentum. What makes this potential breakout even more intriguing is that 
XRP’s rising value and current momentum have occurred without any significant 
bullish catalysts. The upward movement in XRP/BTC comes even before any 
official news concerning a potential XRP Spot ETF approval. The anticipation 
surrounding this ETF is already palpable, and a favorable decision could act 
as a powerful catalyst for continued upside. This scenario aligns with 
Gordon’s assessment that a breakout from the 8-year trendline could be a 
gateway to a generational wealth opportunity. 2025 XRP Spot ETF Approval Odds 
Hit 95% According to new data shared by market expert Steph is Crypto, XRP has 
emerged as one of the front-runners in the race for Spot ETF approval in the 
United States (US). The analyst has stated that the probability of an XRP ETF 
approval by the US SEC in 2025 has increased to a whopping 95%. Related 
Reading: XRP Wave 3 Could Repeat 600% Surge From Nov 2025, Target Set For $15 
XRP currently shares the highest projected odds of approval alongside Litecoin 
and Solana, signaling a major shift in sentiment toward altcoin-based ETFs. 
Already, a growing number of institutional asset managers are investing in 
this ETF, including Grayscale, Bitwise, 21Shares, WisdomTree, Canary, and 
others. Just a few days ago, reports also revealed that the SEC has officially 
approved the conversion of the Bitwise 10 Crypto Index Fund into an ETF, which 
will include assets such as XRP, BTC, ETH, and others. Featured image from 
Getty Images, chart from Tradingview.com

XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval

FTX will begin its next creditor payout on September 30, 2025, following a 
$1.9B reserve reduction and August 15 record date.
The post FTX prepares third round of distributions as court frees up $1.9B in 
claim reserves appeared first on Crypto Briefing.