Wall Street’s appetite for digital assets is insatiable, and the numbers are nothing short of robust. With just 4 trading sessions due to the U.S. Independence Day holiday, Bitcoin ETFs saw $769.60 million in net inflows, stretching their weekly green streak to 4 weeks. Thursday, July 3, led the charge with a staggering $601.94 million, powered by inflows into the largest funds.
On July 7, Kuru Labs, the startup building a decentralized exchange on Ethereum-compatible Monad, announced an $11.6 million Series A funding round led by Paradigm. The raise, which follows a $2 million seed round last year, will fuel the development of what could be the first fully functional on-chain central limit orderbook for the EVM. The round included participation from notable angel investors like Viktor Bunin, Zagabond, and former FTX product lead Tristan Yver, signaling strong industry confidence in Kuru’s approach.
Speculation, that great and often misguided muse, continues to swirl around a potential 2x leveraged BONK ETF from Tuttle Capital. Meanwhile, the broader optimism surrounding Solanaâs newly launched ETF has acted as a catalyst, driving capital into the ecosystem. Yet, BONKâs momentum is not merely a product of market gossip; its ecosystem is rapidly fortifying its foundations, a testament to the resilience of the human spirit, or at least the spirit of crypto enthusiasts.
BNB is trading at $659.61, down just 0.5% for the day. Buyers are stepping in like clockwork around $659.45, while sellers are playing the role of the strict bouncer, not letting anyone past $664.38. If the macroeconomic winds change, this could be the launchpad for a breakout. Or not. Who knows? đ€·ââïž
showed significant bullish momentum during a recent 24-hour period from 6 July 15:00 to 7 July 14:00, climbing from $4.05 to $4.10 with strong buyer support at key levels.
With the dawn of this week, behold! Bitcoin has shamelessly reclaimed the $109,000 mark, gingerly inching toward horizons unexplored. The vital on-chain data presents itself as a veritable oracle, hinting that our dear blockchain is, in fact, embarking upon a new chapterâone that defies the mundane rhythm of market behavior.
Oh, to be an XRP candlestick on the 1-hour chartâforever oscillating in a sideways flirtation (with just a hint of bullish intent), teasing support at $2.26 while batting its lashes at $2.40 resistance. đ© After a petite leap from $2.26, the price is clearly torn between meaningful advancement and indecisive dithering, rather like a debutante unsure whether to accept the next dance. A failed advance to $2.35 faced resistance from a corps of sellers who, presumably, prefer gin and regret. Diminishing volume whispers that a breakout may be imminentâor perhaps we’re simply waiting for someone to spike the punch. For the brave, a buy near $2.26 with a stop-loss at $2.24, and dreams of profit at $2.40, stretching deliriously to $2.50 if the bullish music continues.
If youâre here for soothing reassurances, keep scrolling. If youâre here to watch a bunch of analysts sweating over Bitcoin like itâs a Bake Off finale and theyâve just dropped their meringue, sit tight. Apparently, Bitcoinâs next big move is just around the cornerâcloser than your last dodgy Tinder date. Analysts are getting bullish. Or, as my therapist would say, âprojecting hope onto a volatile, unknowable future.â đ
Look at Bitcoinâa grizzled old miner, grinning with a gap-toothed smileâstaggering past $109K. The last time it approached its all-time high of $111,970, telegrams were delivered by horse and memes were painted on sheets. Yet, here it is, stumbling toward a new record. Altcoins, never ones to miss a free feast, have joined the riot: Bonk, a pup of a coin, howled to $0.00002320 in a single day, while Floki leapt up by 10%âbecause what is economics if not a dog race under the moon?
Betting houses such as Polymarket now calculate the odds of a spot XRP ETF being granted benediction by July 31 to be a paltry 7%. At the dawn of the month, hopefuls still sipped their kvass with a 32% measure of optimism; and in Aprilâimagine, just months ago!âthere was talk in the bathhouses of a 50% chance. Hope, as ever, prefers to torment.