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Cardano remains in consolidation, setting up for a potential 25% price move if price breaks out. Crowd’s sentiment is bearish on ADA while Smart Money is bullish — what does it mean going forward? Cardano ranks at position 2 in GitHub development activity across all blockchains, reinforcing its position as one of the most actively built ecosystems.
Litecoin rising wedge channel keeps an eye on the upper trendline anticipating breakout. Highest LTC social activity share crossing 1.9% as LTC futures open interest soars to a 4-year high with $758 Million. LTC cumulative short liquidation leverage over long liquidation leverage.
The savings could climb to $325,561 per person if state-level wage-based income taxes are also eliminated, the report notes.
Asset Management Firm made the first major ETH deposit of 30,006 ETH worth $80.48M into Binance from Metalpha’s multi-signature wallet in three months. Bybit recovers 15000 ETH with Mantle cmETH swap. ETH’s trendline magic strikes again as it bounces from major support at $1,147.86, $1,044.62, & now $2,686.93 where it pumped 131%, 97% respectively and now it’s on the same major trendline again with 171% possible gains on the cards.
Ethereum is rebounding after a sharp drop due to the Bybit hack, with RSI gains and rising whale accumulation signaling renewed bullish momentum.
BTC Bulls defending the $96K crucial support, and the Falling Wedge is also in play with expectation of a rally towards the $106k Resistance once the hack FUD cools. When BTC price is overlaid on the heatmap shows gradual increase as the market entered the new regime change where Open Interest (OI) began increasing. Is $200k+ possible this cycle after Bitcoin Terminal Price surpassed $200K?
- 18:58Fed’s Collins: Core inflation rate expected to remain around 3% by year-endAccording to a report by Jinse Finance, Federal Reserve's Collins stated that tariffs will drive inflation higher in the second half of the year, and the core inflation rate is expected to remain around 3% by the end of the year.
- 18:22Canadian Prime Minister: "Not Much Evidence" the US Is Willing to Reach a Deal Without Imposing TariffsAccording to a report by Jinse Finance, Canadian Prime Minister Carney stated on July 15 local time that U.S. President Trump appears to be fixated on tariffs, and any trade agreement reached with the United States may include accepting a certain percentage of tariffs on exports. Carney noted that there is currently "not much evidence" to suggest that the U.S. is willing to reach an agreement without imposing some tariffs. He believes that most countries may have to accept a certain level of baseline tariffs imposed by the U.S. on their goods. Carney also revealed that negotiations with the U.S. are expected to "intensify" in the coming weeks.
- 17:57US Threatens to Withdraw from the International Energy AgencyAccording to Jinse Finance, the United States has threatened to withdraw from the International Energy Agency (IEA). Washington has criticized the IEA for downplaying the demand for fossil fuels. Officials stated that the IEA's forecasts are biased toward aggressive green transition targets, which has affected investment decisions.