Today, Vivek Ramaswamy spoke at Bitcoin Policy Institute&#8217;s (BPI) Bitcoin for America event about what makes bitcoin such a powerful financial tool 🚀 Check out the full episode on our page!

Bitcoin has “a fixed supply, set by a mathematical formula” –  Vivek Ramaswamy

Dogecoin started a fresh increase above the $0.1680 zone against the US 
Dollar. DOGE is now consolidating and might aim for a move above $0.1720. DOGE 
price started a fresh increase above the $0.1650 and $0.1680 levels. The price 
is trading above the $0.1680 level and the 100-hourly simple moving average. 
There is a bullish trend line forming with support at $0.1680 on the hourly 
chart of the DOGE/USD pair (data source from Kraken). The price could start a 
fresh rally if it clears the $0.1720 and $0.1750 resistance levels. Dogecoin 
Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1650 
zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1665 and 
$0.1680 resistance levels. The bulls even pushed the price above the $0.170 
resistance. There was a steady increase and the price even spiked above the 
50% Fib retracement level of the downward move from the $0.1722 swing high to 
the $0.1657 low. Dogecoin price is now trading above the $0.1680 level and the 
100-hourly simple moving average. Besides, there is a bullish trend line 
forming with support at $0.1680 on the hourly chart of the DOGE/USD pair. 
Immediate resistance on the upside is near the $0.1720 level. The first major 
resistance for the bulls could be near the $0.1730 level or the 61.8% Fib 
retracement level of the downward move from the $0.1722 swing high to the 
$0.1657 low. The next major resistance is near the $0.1750 level. A close 
above the $0.1750 resistance might send the price toward the $0.180 
resistance. Any more gains might send the price toward the $0.200 level. The 
next major stop for the bulls might be $0.2120. Another Decline In DOGE? If 
DOGE’s price fails to climb above the $0.1750 level, it could start another 
decline. Initial support on the downside is near the $0.1680 level or the 
trend line zone. The next major support is near the $0.1650 level. The main 
support sits at $0.1610. If there is a downside break below the $0.1610 
support, the price could decline further. In the stated case, the price might 
decline toward the $0.1550 level or even $0.1520 in the near term. Technical 
Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the 
bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is 
now above the 50 level. Major Support Levels – $0.1680 and $0.1650. Major 
Resistance Levels – $0.1720 and $0.1750.

Dogecoin (DOGE) Eyes Breakout — Can Bulls Unleash the Next Surge?

Bitcoin (BTC) has remained range-bound between $100,000 and $110,000 since May 
7, aside from a few dips to as low as $98,000 in June, which were quickly 
followed by daily candle closes above the $100,000 level. Recent analysis 
reveals that BTC has withstood sustained selling pressure on Binance 
Derivatives throughout this period. Bitcoin Withstands Binance Derivatives 
Sell-Off According to a CryptoQuant Quicktake post by contributor BorisVest, 
taker users on Binance Derivatives have consistently engaged in sell-side 
activity for at least the past 45 days. Notably, the Cumulative Volume Delta 
(CVD) has remained negative throughout this time. For the uninitiated, the CVD 
measures the net difference between market buy &#8211; aggressive buying &#8211; and 
market sell &#8211; aggressive selling &#8211; orders over time. It helps traders identify 
whether buying or selling pressure is dominating, even if price remains 
stable. Related Reading: Bitcoin Short-Term Holder Floor Rises Toward 
$100,000, Reinforcing Bullish Sentiment BorisVest noted that Binance 
Derivatives traders are treating each BTC bounce or rally as a selling 
opportunity, opening aggressive short positions via market sell orders. 
However, this strong sell pressure has failed to push prices lower, as BTC 
continues to absorb the selling activity and maintain support above $100,000. 
The analyst added that as long as BTC remains within its current range &#8211; 
between $100,000 and $110,000 &#8211; while absorbing sell pressure, the potential 
for upside remains intact. He explained: The CVD metric plays a crucial role 
here. It aggregates both taker and maker activity to provide a real-time 
picture of net buy/sell pressure. The fact that CVD remains in decline 
confirms the dominance of sell-side flow. Yet, the inability of price to drop 
further despite this pressure may signal that Bitcoin is being absorbed by 
institutional or large players in the background. That said, other analysts 
interpret the persistent selling pressure differently. For example, fellow 
CryptoQuant analyst Crazzyblockk recently observed that new buyer demand is 
struggling to keep pace with the combined supply pressure from newly mined BTC 
and selling by long-term holders. BTC Eyeing A Breakout Ahead? Bitcoin’s 
resilience in the face of heavy selling on Binance Derivatives has once again 
sparked speculation about a potential breakout. Several additional data points 
suggest that BTC may be poised to move into a higher price range soon. Related 
Reading: Bitcoin Forming Inverse Head And Shoulders Pattern – Is $150,000 The 
Next Target? For instance, recent on-chain data shows that &#8220;weak hands&#8221; are 
offloading their BTC holdings to larger, more established investors &#8211; 
indicating a broader shift in sentiment favoring Bitcoin. Meanwhile, 
institutional interest in the asset continues to grow. Additionally, the 
Bitcoin Yearly Percentage Trend suggests that BTC could top out around 
$205,000 by the end of 2025. At press time, BTC trades at $108,589, up 0.4% in 
the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and 
TradingView.com

Bitcoin Absorbs Strong Selling Pressure On Binance Derivatives – Breakout Ahead?

The tokenization of equities, while seen as a promising way to democratize 
access to publicly listed company stocks, has not gained traction as expected. 
Proponents of tokenization argue that existing regulations block the 
widespread adoption of equity tokenization. The Slow Burn of Equity 
Tokenization: Hype Versus Reality Although the tokenization of equities is 
widely accepted […]

Tokenized Equities: Big Promise, Bigger Hurdles in the Race to Democratize Investing

Major news outlets The Wall Street Journal, the Financial Times and The New 
York Times published just 13 articles on Bitcoin in Q2, according to research 
from Perception.

Bitcoin lacked mass media coverage in Q2: Report

XRP price started a fresh increase above the $2.30 zone. The price is now 
showing positive signs and might climb above the $2.32 resistance. XRP price 
started a fresh increase above the $2.280 zone. The price is now trading above 
$2.280 and the 100-hourly Simple Moving Average. There is a key bullish trend 
line forming with support at $2.280 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could start another increase if it stays 
above the $2.250 zone. XRP Price Eyes Fresh Increase XRP price started a fresh 
increase after it settled above the $2.2620 level, beating Bitcoin and 
Ethereum. The price was able to climb above the $2.280 resistance level. The 
recent move was positive and the bulls pushed the price above the 50% Fib 
retracement level of the downward move from the $2.353 swing high to the 
$2.251 low, and tested the $2.32 zone. Besides, there is also a key bullish 
trend line forming with support at $2.280 on the hourly chart of the XRP/USD 
pair. The price is now trading above $2.280 and the 100-hourly Simple Moving 
Average. On the upside, the price might face resistance near the $2.320 level. 
The first major resistance is near the $2.330 level or the 76.4% Fib 
retracement level of the downward move from the $2.353 swing high to the 
$2.251 low. A clear move above the $2.330 resistance might send the price 
toward the $2.350 resistance. Any more gains might send the price toward the 
$2.40 resistance or even $2.420 in the near term. The next major hurdle for 
the bulls might be near the $2.50 zone. Another Decline? If XRP fails to clear 
the $2.320 resistance zone, it could start another decline. Initial support on 
the downside is near the $2.280 level and the trend line zone. The next major 
support is near the $2.250 level. If there is a downside break and a close 
below the $2.250 level, the price might continue to decline toward the $2.220 
support. The next major support sits near the $2.20 zone. Technical Indicators 
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. 
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 
level. Major Support Levels – $2.280 and $2.250. Major Resistance Levels – 
$2.330 and $2.350.