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Michael Saylor has sparked speculation about MicroStrategy’s next Bitcoin purchase after a cryptic post referencing the SaylorTracker portfolio.
Bitcoin trades at $94,224 with parallels to a 2018 pattern. Securing $95,668 support is critical to avoid further losses and regain momentum.
Share link:In this post: Galaxy forecasts Bitcoin to reach $185,000 and Ethereum $5,500 by 2025, driven by increasing institutional and government involvement. Bitcoin ETPs could hit $250 billion by 2025, as more institutions and governments add Bitcoin to their portfolios. Ethereum’s shift to proof-of-stake, along with growing DeFi and Layer 2 adoption, will enhance its scalability and attract more users.
Shiba Inu is advancing its ecosystem by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) into SHIB: The Metaverse, enabling seamless cross-chain transactions and virtual land purchases on Ethereum and Shibarium networks.
Hedera Hashgraph struggles with consolidation as outflows rise and RSI trends downward. Key levels at $0.25 and $0.40 define its path forward.
Major token unlock events are scheduled next week for Optimism and other projects, releasing previously blocked tokens under fundraising terms. These events can lead to price volatility based on market conditions and investor reactions.
Cardano sees falling participation but gains stability from long-term holders. Support at $0.87 will be key to ADA’s recovery efforts.
Asset manager Volatility Shares has filed an application for ETFs that would invest in Solana futures contracts on CFTC-regulated exchanges and offer 1x, 2x, and -1x leverage options.The filing comes even before any such Solana futures products are available to trade.
- 15:33SharpLink Gaming receives 10,000 ETH from Ethereum Foundation, with unrealized gains of $84.25 millionForesight News reports that, according to Ember monitoring, SharpLink Gaming (NASDAQ: SBET) received 10,000 ETH from the Ethereum Foundation address 10 minutes after announcing its acquisition of 10,000 ETH from the Foundation. Since early June, SharpLink Gaming has been accumulating ETH reserves following a MicroStrategy-style strategy, having purchased a total of 232,000 ETH at an average price of approximately $2,615. The current unrealized profit stands at $84.25 million.
- 15:32Tether to Discontinue USDT Support on Omni, Bitcoin Cash, Kusama, EOS, and Algorand ChainsForesight News reports that Tether has announced it will end support for USDT on five blockchains—Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand—effective September 1, 2025. At that time, redemptions will cease and any remaining tokens on these chains will be frozen. Tether stated that this move is part of a strategic infrastructure review aimed at optimizing resource allocation and focusing on chains with greater scalability, developer activity, and community engagement, such as Layer 2 solutions like the Lightning Network and emerging blockchains. These five chains played a significant role in Tether’s early development, but USDT usage on them has declined sharply over the past two years. Tether CEO Paolo Ardoino said that discontinuing support for legacy chains will help the company concentrate on key platforms driving stablecoin adoption. Users currently holding USDT on these chains are advised to redeem or migrate their tokens to supported chains through service providers as soon as possible.
- 15:32U.S. House of Representatives to Vote on Three Cryptocurrency Bills as DeFi Community Secures Safeguard ProvisionsForesight News reports, according to CryptoInAmerica, that the U.S. House of Representatives plans to vote on three major cryptocurrency bills during "Crypto Week," including the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. Among them, the CLARITY Act has recently sparked controversy, with the DeFi community accusing the CME Group of attempting to protect its dominance in the futures market by amending the bill's provisions and restricting the development of decentralized trading protocols. Thanks to active lobbying by organizations such as the DeFi Education Fund, lawmakers have reinstated key provisions that protect decentralized developers. Meanwhile, the Senate will also release its market structure discussion draft and hold hearings focused on federal regulation of digital commodities.