The Bitcoin value is holding agency close to $108,000 this week after briefly reclaiming $110,000, with merchants eyeing a key breakout above $116,000. If momentum holds, analysts say BTC may nonetheless rally over 50% earlier than the present cryptocurrency bull run ends. As greed returns to each crypto and shares, the markets are heating up. Here’s a roundup of the highest crypto tales this week.
Bitcoin Worth Eyes $165K as Bulls Goal Breakout Above $116K
Bitcoin is regaining energy, hovering round $108,000, as merchants eye a important resistance stage at $116,000. A confirmed breakout may spark a rally towards $165K, based on analysts. Bullish technicals, rising momentum, and cleared FUD over dormant cash recommend BTC nonetheless has room to run this cycle, making the following few days key for path.
Botanix and Chainlink Convey DeFi to Bitcoin with New Layer 2 Mainnet
Botanix Labs has launched its Bitcoin Layer 2 mainnet in partnership with Chainlink, unlocking Ethereum-style decentralized finance (DeFi) on Bitcoin. Powered by Chainlink oracles and CCIP, it gives 5-second blocks, ultra-low charges, and over 40 dApps at launch. Its Spiderchain structure ensures decentralization and native BTC custody, ushering in a brand new period for Bitcoin’s utility.
XRP Eyes 50% Breakout on Bullish Chart and ETF Momentum
XRP is buying and selling in a good vary however flashing indicators of a serious breakout. Bullish technicals, a strengthening risk-on market, and rising optimism over an XRP ETF approval may push the token 50% larger. Momentum can also be constructing from the fast development of Ripple’s RLUSD stablecoin, now nearing $500 million in property.
Trump’s “Huge Lovely Invoice” Boosts Crypto Sentiment
The U.S. Home handed Trump’s Big Beautiful Bill, triggering optimism throughout the crypto market. The invoice extends tax cuts and raises the debt ceiling, sparking demand for crypto as a hedge. Analysts spotlight Bitcoin Money, SYRUP, and Bitcoin Pepe as prime picks, with sturdy technicals and bullish narratives driving consideration in this subsequent part of the cycle.
IMF Rejects Pakistan’s Bitcoin Mining Energy Plan
Pakistan’s push to allocate 2,000MW for Bitcoin mining and AI knowledge facilities has been blocked by the IMF, citing energy market dangers and authorized considerations. The transfer stalls the nation’s broader digital transformation efforts, together with the institution of a strategic Bitcoin reserve. Officers say talks with world companions are persevering with as they try to revise the proposal.
Injective Jumps 11% After Launching Ethereum-Suitable Testnet
Injective (INJ) surged 11% after unveiling its new EVM testnet, enabling Ethereum-based apps on its lightning-fast Layer 1 chain. The transfer sparked a surge in buying and selling quantity and bullish technical indicators, with INJ now focusing on a breakout above $13. If developer momentum continues, Injective may entice new customers, liquidity, and broader ecosystem development.
SEC Approves First Staking ETF With Solana Publicity
The SEC has authorised the REX-Osprey Solana + Staking ETF (SSK), making it the primary U.S. ETF to mix Solana publicity with staking rewards. Backed by Anchorage Digital as custodian and staking associate, the fund gives a 7.3% yield and stricter investor protections below the 1940 Act. This units the stage for the event of extra yield-based crypto ETFs.
Toncoin Holds Floor as Telegram Unlocks Actual-World Utility
Toncoin dipped 5% to $2.78 after failing to interrupt $3.15 resistance, however Telegram’s main rollout may spark a rebound. With full $TON integration, permitting customers to pay for channels, tip creators, and monetize posts, Toncoin has simply gained actual utility inside an app with over 1 billion+ customers. Energetic wallets are climbing, and analysts now eye a retest towards $3.28.
Circle Inventory Slides 40% as Revenue-Taking, Valuation Issues Mount
Circle’s stock (CRCL) has plunged 40% from its June excessive, now buying and selling close to $180. Key drivers embrace profit-taking by early traders, akin to Ark Make investments, considerations over its $41 billion valuation, and slowing development in USDC. Price reduce forecasts, and upcoming lockup expirations add strain. In the meantime, Circle’s push for a nationwide financial institution constitution indicators long-term ambitions.
SRM Leisure Stakes $100M in TRON, Turns into Largest Public TRX Holder
SRM Leisure has staked over 365 million TRX tokens on JustLend, launching a $100M TRON treasury technique geared toward producing as much as 10% annual yield. Now the most important publicly traded TRON holder, SRM’s transfer boosts confidence in TRON’s rising function in stablecoin settlements and will set a precedent for company DeFi treasury adoption.
S&P 500 Goes On-Chain in Historic Centrifuge Partnership
Centrifuge and S&P Dow Jones Indices have partnered to launch the primary tokenized S&P 500 fund, bringing Wall Avenue’s flagship index to the blockchain. Powered by Centrifuge’s “proof-of-index” infrastructure, the fund gives programmable, clear, 24/7 entry to index investing. Set to launch later this 12 months, it marks a serious leap for real-world property in DeFi.
Ripple Debuts XRPL EVM Sidechain, Unlocking Ethereum dApps on XRP Ledger
Ripple has launched the XRPL EVM Sidechain on the mainnet, bringing Ethereum-compatible sensible contracts to the XRP Ledger. Constructed with Peersyst and Axelar, the sidechain makes use of XRP as fuel and helps seamless asset transfers. Builders can now deploy Ethereum dApps on XRPL, marking a serious leap towards cross-chain DeFi, tokenization, and real-world crypto utility.
XRP Gears Up for July Breakout Amid ETF Hype and Authorized Readability
Regardless of sliding from its January peak, XRP is holding agency close to $2 with bullish potential brewing. Institutional demand is rising via ETF filings and futures quantity as Ripple’s lawsuit with the SEC nears a decision. Technicals level to a symmetrical triangle breakout, with analysts eyeing a return to $3.40 if momentum is confirmed in early July.
