BITPRISMIA
The Bitcoin Deribit Index is nearing historic lows, indicating potential caution for BTC price, but there are signs of possible volatility and key resistance levels to watch.
Brevan Howard's disclosure of $2.3 billion in Bitcoin ETF holdings highlights a significant shift in institutional investment towards digital assets, signaling growing acceptance and legitimacy of Bitcoin ETFs in traditional finance.
The cryptocurrency market, including ETH, TAO, and SOL, experienced downward trends following poor Producer Price Index data, despite positive Consumer Price Index figures, with potential rebounds depending on market sentiment.
The SEC has extended the deadline for spot Solana ETF applications to October 16, 2025, with five major funds under review, signaling potential growth for Solana and the broader crypto market.
In July, the total market capitalization of cryptoassets reached a significant milestone, with Bitcoin prices surpassing $123K, and there was progress in federal legislation for stablecoins.
Analyst XRPunkie believes long-term XRP holders deserve profits due to potential future rallies, supported by Ripple's legal resolution and new stablecoin launch.
Upcoming US interest rate cuts threaten the profits of stablecoin issuers Tether and Circle, with Circle potentially losing up to $618 million in annual revenue, prompting them to explore new business models like their new blockchain, Arc.
Jack Dorsey reiterates his vision for Bitcoin to be used as everyday money for peer-to-peer transactions, emphasizing its original purpose beyond speculative trading.
BlackRock invested over $1 billion in Bitcoin and Ethereum ETFs during a market dip, signaling strong institutional interest and confidence in crypto assets despite recent inflation-driven sell-offs.
The Bitcoin (BTC) price is experiencing a slight decline, with potential for further correction to the $116,000 range if bullish momentum does not recover.