Market update: Bitcoin consolidates near $117K
Bitcoin dips 1.8% but holds above $117,800 as traders take profits. AI tokens surge 5% amid big tech investments. Analysts warn of risks from over-enthusiasm and upcoming macroeconomic data.
Best Presales to Buy as Analysts Say Bitcoin Market Top Is ‘Nowhere Near’ at $120K
Bitcoin’s price dropped 5% to $117K as holders took $3.5B in profits, but analysts remain bullish, citing ETF inflows and institutional demand. Crypto presales may benefit from the ongoing rally and supportive regulations.
Peter Schiff Warns: Bitcoin Treasury Strategy Is a Time Bomb of Speculation – Featured Bitcoin News
Peter Schiff warns that corporate Bitcoin accumulation may create a speculative bubble, threatening crypto’s decentralized nature and potentially causing a market implosion.
$PUMP surges over 20% after team reportedly buys back nearly 3 billion tokens
PUMP token surged 20% after Pump.fun team bought back nearly 3 billion tokens with $30 million, briefly surpassing BONK in market cap before retracing.
The Node: Stablecoin Supremacy
The Bank of England’s governor highlights stablecoins as a priority for the FSB. Analysts predict stablecoins could impact U.S. Treasury markets at $750B. Adoption grows, with non-crypto firms using them for efficient international payments.
House GOP plans quick re-vote on crypto bills amid CBDC dispute
House GOP plans to re-vote on three crypto bills after delays due to CBDC disputes. Republicans seek to ban CBDCs, while Democrats oppose the bills. The vote aims to pass crypto laws before Congress’s August break.
Bitcoin’s bull market is not over, just late – Here’s why
Bitcoin’s bull market remains strong despite recent profit-taking by long-term holders. Institutional interest persists, with retail participation still low, suggesting further upside potential as market conditions mature.
Bitcoin’s True Value May Be As Global Settlement Layer, Not Just Currency: Ripple CTO
Ripple CTO David Schwartz argues Bitcoin’s true value lies in being a secure global settlement layer rather than just a currency, citing its unmatched security and reliability despite slower transactions.
Solana Price Eyes $180 as DeFi Growth Supports Bullish Continuation – CryptoNewsZ
Solana’s price shows resilience with bullish patterns, eyeing $180 amid DeFi growth. SOL’s TVL rose 18.1% to $9.19B, and active addresses increased 14%, signaling strong network activity and investor confidence.
Bitcoin Mining Hits All-Time High — Is Bitcoin Hyper the Quiet Winner in This Mature Bull Market?
Bitcoin mining difficulty hits a record 126T as price reaches $123K, squeezing miner profits. Bitcoin Hyper emerges as a promising Layer 2 project amid Bitcoin’s growth and miner challenges.
