Author: dfmines

Cryptocurrency News and Public Mining Pools

Bitcoin MVRV Oscillator Predicts First Sell Pressure Level At $130,900 – Details

Bitcoin has officially broken through its previous all-time high of $112,000, surging to $118,000 just hours ago and entering uncharted territory for the first time since late May. The breakout confirms bullish momentum after weeks of consolidation and failed attempts, with price action now showing clear strength. With the psychological and technical barrier of $112K cleared, many analysts believe this move could mark the beginning of Bitcoin’s next expansive rally. Related Reading: Altcoins Jump Off Critical Support Level – Relief Or Reversal? Bulls are firmly in control, and on-chain metrics support this breakout narrative. According to fresh data from CryptoQuant, the MVRV (Market Value to Realized Value) Extreme Deviation Pricing Bands currently stand at 2.25. Historically, Bitcoin enters the overheated zone around 3.0 or higher, suggesting there is still room for growth before reaching excessive valuation territory. This metric, which measures the deviation between market price and realized value, helps identify when BTC is overbought or undervalued relative to past performance. At current levels, the data points to continued upside potential without major overheating concerns, fueling confidence that this breakout could extend further. Bitcoin Enters Expansion Phase As Market Eyes $130K After weeks of tight consolidation below the $110,000 mark, Bitcoin has finally broken out, signaling the start of a new market phase. The breakout above previous highs has reignited investor optimism, not only for BTC but also for the broader altcoin market, with many altcoins now pushing above key resistance levels for the first time in months. This move comes amid growing anticipation of a weakening US dollar and renewed inflationary pressures as Washington adopts looser fiscal policies. The market is increasingly pricing in the effects of tax cuts, high government spending, and dovish political rhetoric—all of which create a favorable environment for risk assets like Bitcoin. Still, the macro backdrop is not without risks. US Treasury yields remain elevated, flashing warnings of underlying systemic stress in credit markets. This tension underscores the fragility of the current rally and the importance of monitoring fundamental shifts. Top analyst Axel Adler shared insights using the MVRV oscillator, a model that compares Bitcoin’s market value to its realized value. According to Adler, historical data over the last four years suggests that when MVRV reaches 2.75, Bitcoin tends to face its first wave of meaningful selling pressure. If the same pattern holds true in this cycle, Bitcoin could reach approximately $130,900 before seeing notable profit-taking activity. While the current MVRV reading remains below that threshold, the model offers a clear signal of where long-term holders may begin offloading. Until then, the breakout sets the stage for a potential leg higher, with bulls now in control, pushing toward price discovery and a possible test of the $130K zone. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason BTC Enters Uncharted Territory With Strong Momentum Bitcoin has officially broken into price discovery after blasting through its all-time high resistance near $112,000. The 3-day chart shows a massive bullish candle pushing BTC up to $118,683, representing an 8.94% gain in the last session. This breakout is the first clear sign of a strong bullish continuation after weeks of sideways consolidation below key resistance. The chart highlights a textbook breakout structure. BTC respected the $103,600 and $109,300 support zones multiple times throughout May and June before finally gaining enough momentum to pierce through the upper resistance. The recent surge came with a noticeable spike in volume, adding confidence to the breakout’s sustainability. Moving averages also confirm the bullish trend. The 50, 100, and 200 SMA lines remain aligned upward with increasing separation, suggesting that market structure remains strong and trend continuation is likely. Bitcoin is now trading well above all major moving averages, reinforcing the strength of the rally. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape With no historical resistance levels above, BTC enters a price discovery phase. The next psychological target for bulls will likely be $120,000, followed by the MVRV-based resistance level around $130,900. As long as BTC holds above $112K, the momentum remains decisively in favor of the bulls. Featured image from Dall-E, chart from TradingView

Ethereum Foundation doing what it does best when we pump

submitted by /u/Fritz1818 [link] [comments]

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Missed Bitcoin’s Pump? Kraken’s Trading Tools Help You Surf the Altcoin Surge

Bitcoin’s up nearly 8.5% this week, approaching $120K and clocking over $123B in 24h volume. But now, the real volatility (and upside) is rotating into the best altcoins. Traders are chasing faster gains down the cap table (memes, AI tokens, new L1s), and Kraken’s making those trades easier to find and execute. If you’re looking for what’s next, not what already happened, Kraken’s where you start. Altcoin Rotation Is Heating Up Bitcoin’s ripping, but Ethereum’s catching up fast. $ETH is up over 17% this week and now flirting with the $3K mark. Historically, when $ETH gains momentum, the altcoin floodgates tend to open, and that’s exactly what we’re seeing. BTC dominance is also slipping below 65%, a key signal that traders are rotating into higher-beta plays. On Kraken, it’s not just the best meme coins flying. In the past 24 hours, Omni ($OMNI) pumped +174%, Matchain ($MAT) +66%, and Dolomite ($DOLO) +53.35%. Even coins like Renzo ($REX), Initia ($INIT), and Unicorn Fart Dust ($UFD) are putting up 30–50% days. With many low-cap, high-velocity tokens, Kraken gives you the first shot at these rotations before the crowd catches on. Kraken Moves with the Market In the past three days alone, Kraken has listed $HBAR, $TANSSI, and $EPT. These additions align perfectly with what traders are rotating into: AI, Layer 2 (L2) infrastructure, and real-world asset plays. That speed and narrative alignment isn’t a fluke. Kraken just climbed to #2 globally in Kaiko’s Q2 2025 Exchange Rankings, a data-driven benchmark that weighs market quality, regulatory strength, liquidity, and transparency. Kraken scored high across the board, particularly on depth and execution reliability – two pillars that matter most when chasing volatile small caps. For traders trying to stay in sync with the flow of capital, Kraken is a front-row seat to what’s next. Built for the Way You Trade Altcoins Catching altcoin moves isn’t just about spotting the right tokens. It’s about having the tools to act on them fast. With 452+ listed assets, Kraken exposes you to everything from the best low-cap coins to AI, L2s, and real-world asset plays, all in one place. Kraken lets you buy instantly using bank transfers, cards, Apple Pay, Google Pay, or PayPal. So you’re never stuck on the sidelines when the market starts moving. You can go long on a momentum play, hedge it with 300+ derivatives, or stake your bags across 20+ supported assets, including newer staking listings like $SUI. Need flexibility? Kraken offers up to 5x margin and consistently deep liquidity, with 88% of 2024 orders filling at the top of the book, minimizing slippage when every second counts. For altcoin traders also tracking macro trends, Kraken’s xStocks expansion brings tokenized equities like TSLA, AAPL, and SPY into play, bridging TradFi and crypto in real time. Alt Season Needs a Platform Bitcoin lit the fuse, but the real action is in altcoins. With capital rotating fast and new narratives popping up daily, you need a platform that keeps up. Kraken’s deep listings, fast access to new tokens, and pro-grade trading tools give you everything you need to execute quickly and confidently when a window opens. This content is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR) before making any investment decisions. All crypto assets mentioned in this piece are volatile and carry risk.

BlackRock purchased 108,718 ETH worth $300Million now holding ~2,000,000 Ethereum

The BlackRock Ethereum ETF (ETHA) has reached a significant milestone, acquiring 106,827 ETH worth $300 million on July 10. This purchase has led to a total of 2 million ETH held by the ETF, with net inflows exceeding $6 billion since inception. The ETF's share price has also seen a surge, jumping 5% to $22.5,…
Read more

Satoshi’s Cat Right Now

submitted by /u/TheGreatCryptopo [link] [comments]

Peter Schiff says sell Bitcoin for silver as BTC smashes new highs

Bitcoin’s latest rally sparked a reaction from Peter Schiff, urging a switch to silver, while others were more bullish than ever.

Peter Schiff says sell Bitcoin for silver as BTC smashes new highs

Bitcoin’s latest rally sparked a reaction from Peter Schiff, urging a switch to silver, while others were more bullish than ever.

Looking for SingularX token holders

SingularX project is dead, but I am looking for any holder of token SNGX (0x78774D1C3277B83459C730921bfF11019017B233) to buy back these tokens at a reasonable price. They are worthless right now, so I think that would be a good deal for you. DM me and we can exchange on any platform you trust submitted by …
Read more

Ethereum Foundation roadmap targets zkEVM in mainnet within a year

The Ethereum Foundation is preparing to bring zero-knowledge technology to Ethereum, with plans to launch a zkEVM on the layer-1 network within a year.