BitcoinDay

💥The #XRP token has just fallen below $1 for the first time in almost 2 years. XRP holders at 0.75 USDT must either hold or cave...🩸🐻

Joint interventions in the yen by #Japón and the US could ultimately benefit #Bitcoin and risk assets. The yen carry trade has been one of the biggest sources of cheap global liquidity. Investors borrow in yen, at very low interest rates, to invest in higher-yielding assets in dollars, including equities and BTC.

By intervening, the US and Japan to strengthen the yen, the USD/JPY exchange rate falls rapidly. Leveraged traders are forced to cover their yen positions by going short. To obtain quick liquidity and repatriate funds, they sell risk assets and cryptocurrencies.

The joint intervention creates turbulence and immediate selling pressure due to the unwinding of leverage, but it sets the stage for an environment with greater global liquidity and a weaker dollar, which historically benefits BTC and the equities market.

The great opportunities offered by the cryptocurrency market for Trading are:

✅️When there is extended oversold or overbought.

✅️Crossing of the 20, 50, and 200 MAs in a bullish or bearish way.

✅️Crossing of the 20, 50, and 200 MAs in a bullish or bearish way with the Bollinger Bands.

✅️When there are bullish or bearish divergences.

✅️Bounces on the upper and lower Bollinger Bands where a kind of “belly” forms, and bounces on the 20, 50, and 200 MAs when there are bullish rallies and the price was liquidated.

✅️When W or M patterns form on the Bollinger Bands.

✅️When clear patterns form with candlestick charts.

#KOMA

The token #SUI has returned to the lower band of its Gaussian Channel indicator, trading near US$0.72, approximately 86% below its all-time high of US$5.35 reached in January 2025, while some analysts debate whether the token can rise again toward the midpoint.

This pullback has occurred at the same time that Mubadala Capital, from Abu Dhabi, has tokenized a private markets fund of US$75 million, partly on the blockchain. The most relevant test for SUI now is whether buyers step in at the lower band of the Gaussian channel with enough volume to confirm support.

According to economist Alejandro Grisanti, the volume of trading in the P2P market using the stablecoin Tether or USDT on the Binance exchange shows significant growth in Venezuela, representing up to 88% of the monthly sale of foreign currency carried out by the Central Bank of Venezuela. According to Grisanti, the volume traded with USDT is no longer marginal, as it has begun to directly compete with the BCV and with the revenue of the nation’s main export industry.

Despite this scenario in which the exchange is taking center stage, the economist noted that the formal foreign exchange market is experiencing important changes and improvements, driven by a greater supply of foreign currency from the BCV, a gradual easing of the exchange desks of commercial banks, and reduced market segmentation.

The founder of Capriole Investments, Charles Edwards, says that a clear roadmap to quantum resistance by the main developers of #Bitcoin could push the price of BTC higher very quickly. Edwards argues that the current price of BTC reflects an implied discount, which he calculates at between 20% and 30% due to uncertainty about the threat of quantum computing.

The quantum risk mainly affects old addresses or those with exposed public keys, such as Pay-to-Public-Key or P2PK addresses from the Satoshi era, where a sufficiently capable quantum computer could theoretically derive the private key from the public one. Developing quantum resistance is not only a technical challenge, but also an economic catalyst. Simply having clear communication and planning from the developer community would be enough to dispel institutional doubts and revalue the asset.

The founder of the social network Telegram, Pavel Durov, says Telegram will launch a non-custodial wallet for its cryptocurrency #GRAM for all users this summer, enabling instant crypto transactions with no fees for more than one billion users of the social network. Being non-custodial means that users will have absolute control of their private keys, unlike earlier custody solutions or third-party bots.

Durov described it as the largest rollout of a non-custodial wallet in history, designed to reach all active Telegram users. The wallet will be integrated into the main client code across all its platforms, rather than requiring separate web mini-apps. Specific technical details are still unknown about how they will handle private-key security for inexperienced users, but it undoubtedly positions Telegram to become a giant in the P2P financial sector.

Tether Gold has been recognized as a Spot Commodity Product accepted in Abu Dhabi’s global market, enabling regulated companies to offer the tokenized gold asset with the appropriate permissions. This represents an important milestone for the real-world assets ecosystem. Each XAU₮ token represents one troy ounce of physically delivered London-standard gold, held in certified vaults.

The tokenization of traditional assets, such as gold, sovereign debt and real estate. is gaining institutional traction because it allows, immediate 24/7 transfer and on-chain settlement compared to the restricted hours of the traditional metals market, with greater liquidity and fractionalization of the underlying asset.

The State Duma of Russia approved a pioneering regulatory framework on cryptocurrencies and digital mining, intended to enter into force as of September 1, once signed by President Vladimir Putin. This draft law represents a radical shift in Russia's stance on digital assets, driven primarily by the need to get around Western financial sanctions and to formalize a multimillion-dollar industry in the country.

With this law, the use of cryptocurrencies is legalized as a means of payment for cross-border trade, allowing Russian companies to carry out imports and exports outside the SWIFT system. The use of cryptocurrencies to pay for goods and services within Russian territory remains strictly prohibited; the ruble is maintained as the only currency with legal tender status within the country.

The veteran market analyst, Peter Brandt, estimated that the #Bitcoin could fall to the upper-$40,000 zone or below $50,000 before completing its capitulation. According to Brandt, market bottoms do not occur when sentiment is neutral, but rather when there is widespread panic and abandonment, with the narrative that the BTC phenomenon is over.

Despite the possible drop projected for October 4 of this year, Brandt still holds a bullish long-term outlook, projecting that BTC will surpass $250,000 in the next leg of the cycle toward 2029. The veteran trader emphasized BTC’s cyclical nature but reminded of the usual risk in trading: when a pattern or cycle seems too obvious or reliable, that’s precisely when it can change.

Token #BANK has captured the attention of the cryptocurrency market with an impressive cumulative rise of more than 300% over the past few days. This jump has brought it to trade around US$0.18, consolidating it as one of the highest-gaining assets on platforms such as Binance.

The main cause of this price explosion was a clear technical breakout. On July 17, 2026, BANK managed to break out of a descending channel that had kept it in a bearish range for several weeks. This move wasn’t just a speculative rebound—it was accompanied by strong trading volume, which gave credibility to the breakout.

However, this technical euphoria comes with warning signs. The daily Relative Strength Index (RSI) for BANK reached a level of 100.79, a value that indicates an extreme overbought condition. Historically, readings like these often precede a correction or consolidation phase before the asset can continue its uptrend.

The great opportunities offered by the cryptocurrency market for Trading are:

✅️When there is extended oversold or overbought conditions.

✅️Crossing of the 20, 50, and 200 moving averages in a bullish or bearish manner.

✅️Crossing of the 20, 50, and 200 moving averages in a bullish or bearish manner together with the Bollinger Bands.

✅️When there are bullish or bearish divergences.

✅️Bounces on the upper and lower Bollinger Bands where a sort of “belly” forms, and bounces on the 20, 50, and 200 moving averages during bullish runs and when the price was liquidated.

✅️When W or M patterns form on the Bollinger Bands.

✅️When clear patterns form with Japanese candlesticks.

#AKE

According to Glassnode data, #Bitcoin has been quoted between US$60,000 and US$70,000 for 307 days, representing the third-longest consolidation within any US$10,000 price band throughout its history.

Only two bearish markets lasted longer in the same price range. Bitcoin’s bear market in 2018 kept the price fixed between US$10,000 and US$20,000 for longer, and in 2022 it happened again, between US$20,000 and US$30,000.

These are the only two periods in Bitcoin’s history that have lasted longer than the current one, placing the current range in a privileged position despite the fact that BTC is still approximately 50% below its October 2025 peak.

US 10-year Treasury yields are approaching a dangerous level as the expiration of major options worth US$1,400 million takes place today on Deribit for #Bitcoin . Balanced call and put option volumes on BTC suggest limited downside from the US$62,000 level.

BTC is in a delicate spot where a successful resolution of the expiration above US$63,500 could provide short-term relief, but sustained upward momentum would require a push from the macro side.

The CEO of Alphractal, Joao Wedson, warns that a dangerous threat is currently facing Bitcoin and the XRP, ETH, and SOL tokens. Wedson said that the unliquidated long positions now dominate the market for the mentioned assets.

An unliquidated long position is a leveraged bet that the price will rise, which has not yet been closed or forced to sell. Any wrong move in the next few hours could hand control to the bears. As a result, a new wave of fear and liquidations could wipe out the entire crypto market.

The famous investor who predicted the 2008 real estate crisis and inspired the film The Big Short, Michael Burry, has described the current AI frenzy as the beginning of the end, directly comparing it to the dot-com bubble of 2000. The core of Burry’s argument rests on two fairly solid economic pillars: massive investment with modest revenues and a parabolic pattern of behavior. Historically, such steep, vertical moves usually end in sell-offs.

Burry’s advice to investors is to reject greed and dramatically reduce exposure to technology stocks, especially those that have seen parabolic gains. If Michael Burry’s thesis proves correct and the AI bubble bursts, the impact on the price of #Bitcoin would be profound, operating through market correlation and the phenomenon of forced corporate sales.

Legendary trader Peter Brandt is considering selling part of his holdings of #Bitcoin to invest in gold, forecasting that it will soon surpass BTC. Brandt cited technical patterns that suggest a reversal in the Bitcoin-gold ratio, with gold gaining ground from 2025.

The veteran trader also predicts that there won’t be a minimum amount of tradeable BTC until October 2026, with a major price peak expected between US$300,000 and US$500,000 in 2029. This shift highlights the growing caution among investors amid signs of a broader deflationary cycle in the market.

In a strategic move under the “Make TON Great Again” plan, the blockchain network The Open Network, strongly tied to the Telegram ecosystem, decided to rename its cryptocurrency by returning to its historical and original name. The original cryptocurrency name, #GRAM , which the Durov brothers tried to launch in 2018-2019 before being forced to halt the project due to regulatory issues with the U.S. SEC.

After the relaunch and rebranding announcement, GRAM jumped by approximately 7% weekly, moving from a US$1.5 base to local highs above US$1.7. It is currently stabilizing around US$1.8 USD. The main engine of the current frenzy is that giant platforms such as Binance have just enabled spot trading of GRAM on their markets, and have also opened futures contracts. For its part, Hyperliquid added leveraged contracts.

Around 31,000 options contracts of #Bitcoin will expire on July 3, with a notional value of roughly US$1.9 billion. This expiry is considerably smaller than last week’s quarter-end close-out event, so it is less likely to have a significant impact on the spot market.