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Bitcoin Shorts Liquidation Looms at $120K Level
Bitcoin Shorts Liquidation Looms at $120K Level

A $2.3B wall of Bitcoin shorts is set to be liquidated near $120K, possibly triggering a major BTC breakout.Why $120K Matters for BitcoinBulls Gaining Control

Coinomedia·2025/07/31 07:00
Altseason 2025 Begins: Altcoins Break Key Resistance
Altseason 2025 Begins: Altcoins Break Key Resistance

Altcoins are rallying as a 6-year resistance breaks and MACD flips. Altseason 2025 may just be getting started.Bullish MACD Crossover Supports the TrendWhat This Means for Investors

Coinomedia·2025/07/31 07:00
Ether Machine Boosts ETH Holdings with $56.9M Purchase
Ether Machine Boosts ETH Holdings with $56.9M Purchase

Ether Machine adds 15,000 ETH worth $56.9M, raising total holdings to 334,757 ETH.Backed by Pantera, Signaling Institutional ConfidenceEthereum Remains a Key Institutional Asset

Coinomedia·2025/07/31 07:00
Bo Hines: U.S. Eyes Bitcoin Accumulation Without Budget Hike
Bo Hines: U.S. Eyes Bitcoin Accumulation Without Budget Hike

Bo Hines reveals U.S. plans to collect Bitcoin budget-neutrally while building crypto infrastructure and regulations.Infrastructure and Regulation Take Center StageA Step Toward Crypto Leadership

Coinomedia·2025/07/31 07:00
FG Nexus Secures $200M for Ethereum Treasury Strategy
FG Nexus Secures $200M for Ethereum Treasury Strategy

Publicly traded FG Nexus raises $200M to fuel its Ethereum ($ETH) treasury strategy, signaling bullish institutional interest.Ethereum Becomes a Treasury AssetWhat This Means for the Market

Coinomedia·2025/07/31 07:00
JASMY Eyes 1,650% Surge Toward $0.2785 Target
JASMY Eyes 1,650% Surge Toward $0.2785 Target

JASMY still targets $0.2785, with a 1,650% potential breakout ahead as technical setup remains unchanged.JASMY’s Big Move May Be a Matter of TimeWhy $0.2785 Is Still in PlayWhat Could Trigger the Rally?

Coinomedia·2025/07/31 07:00
BTC Holders Sit on $1.4T in Unrealized Gains
BTC Holders Sit on $1.4T in Unrealized Gains

Bitcoin holders now have $1.4T in unrealized profits, raising concerns over possible sell pressure at higher prices.Bitcoin Holders Hit Record $1.4 Trillion in Paper GainsWhat This Means for Bitcoin’s Next MoveProfit Pressure or Continued Momentum?

Coinomedia·2025/07/31 07:00
ETH Narrative Shift Boosts Institutional Adoption
ETH Narrative Shift Boosts Institutional Adoption

ETH treasury firms reframe Ethereum for traditional investors, driving institutional adoption, says Bitwise CIO.Traditional Investors Warm Up to EthereumETH’s Treasury Packaging StrategyWhat This Means for Ethereum’s Future

Coinomedia·2025/07/31 07:00
Whales Sell as Institutional Bitcoin Demand Surges
Whales Sell as Institutional Bitcoin Demand Surges

Large Bitcoin holders sold over 502K BTC, but institutional demand kept prices stable and growing.Institutional Demand Balances the MarketNew Players, New Market Foundation

Coinomedia·2025/07/31 07:00
Flash
23:07
Bloomberg: Trump's Strategic Bitcoin Reserve Plan Faces Legal and Jurisdictional Hurdles
Jinse Finance reported that on July 7, according to Bloomberg, U.S. President Trump’s plan to establish a strategic Bitcoin reserve is facing legal and jurisdictional obstacles. Early in his term, Trump signed an executive order aiming to build the reserve using Bitcoin the government already holds from criminal or civil forfeitures, and to create a separate digital asset inventory. The order requires the Treasury Department and Commerce Department to formulate a budget-neutral acquisition strategy that does not increase the burden on taxpayers.The report noted that so far, no one has questioned whether the Treasury Department has the legal authority to manage the reserve, but discussion has shifted to the possibility of placing the reserve under the jurisdiction of the Commerce Department. In addition, due to Bitcoin’s significant price volatility, whether the digital asset can be held “indefinitely” has also raised concerns.A White House spokesperson stated that the government will continue to move forward with the reserve plan and assess the optimal structure. In Congress, bipartisan lawmakers have introduced bills seeking to codify the executive order, including provisions to acquire 1 million Bitcoin within five years using a budget-neutral strategy.
22:42
CFTC: Hedge Fund Short Positions on Yen Reach Highest Level Since 2007
On July 7, data from the CFTC revealed that as of the week ending June 30, hedge funds had raised their net short positions on the yen in the futures and options markets to nearly 138,000 contracts, marking the most pessimistic level since 2007. The yen simultaneously fell to its lowest point since 1986, dropping below 162 yen to the dollar, raising market expectations for potential intervention by Japanese authorities in the currency market. Japan's Finance Minister reiterated that authorities could take foreign exchange intervention measures at any time, following a record-scale intervention to support the yen from late April to May. The market believes that the widening interest rate differential between the U.S. and Japan remains the main factor pressuring the yen, even though the Bank of Japan's recent interest rate hike has not reversed the weakness.
22:40
US judge reinstates fraud charges against Barry Silbert and DCG
Odaily reported that a federal judge in the District of Connecticut has reinstated common law fraud claims in the Genesis Yield lawsuit against Digital Currency Group founder Barry Silbert, DCG, and other defendants, while also allowing the federal securities law-related claims in the case to proceed. This ruling revises an earlier court decision from February of this year. The plaintiffs previously argued that the court had jurisdiction under the Class Action Fairness Act to hear their state law claims. Judge Stefan Underhill agreed with this position and revisited the relevant state law claims. The case centers on the failed Genesis Yield lending program, which allowed users to deposit crypto assets and earn interest. Investors allege that Silbert, DCG, and other defendants knowingly misled customers about the company’s financial health and risk controls after Genesis suspended withdrawals and before it filed for bankruptcy in early 2023, despite being aware of the issues. However, not all state law claims have been revived. The court dismissed consumer protection claims from four states and stayed the related claims from three other states. Overall, the ruling brings the dispute over DCG and Silbert’s liability for fraud back to the forefront of the case. (The Block)
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