Why BTC is Stuck in a Rut Despite Institutions Going Nuts đ¤ˇââď¸
Many are wondering why BTC has been stuck within a tight range since it hit an all-time high (ATH) in late May, like a hamster on a treadmill thatâs run out of steam.
Many are wondering why BTC has been stuck within a tight range since it hit an all-time high (ATH) in late May, like a hamster on a treadmill thatâs run out of steam.
Data shows Tetherâs gold-backed token XAUT now holds a market cap of $822 million, while Paxosâ PAXG is sitting slightly higher at $934 million. Together, these two giants dominate the $2.05 billion tokenized gold market, accounting for a hefty 85.61% of the entire sector. With gold on a tear this year, interest and trading around these two precious-metal-pegged crypto tokens have taken off like a rocket.
Currently, silver is happily trading between $36 and $37 per ounce in early July 2025, according to the latest numbers from the ever-reliable JM Bullion, Tradingeconomics, and Tradingview. For those of you who follow the shiny stuff, this range looks less like a leisurely stroll and more like the calm before a mighty storm of profits.
One might recall that Saylor has previously ventured into the realm of prophecy, predicting that the iShares Bitcoin Trust ETF (IBIT) is destined to outshine the myriad ETFs in BlackRockâs vast portfolio, becoming the most lucrative of them all. đ
The governmentâs rolling out something called the Cryptoasset Reporting Framework. Fancy, huh? Translation: “We think youâre hiding money and we want to catch you. And by ‘catch’ I mean ‘fine you repeatedly.'” Supposedly, theyâll rake in ÂŁ315 million by 2030. I mean, does this sound like regulation or a game show?
Japanâs Government Pension Investment Fund (GPIF) recorded a whopping $61.1 billion shortfall in the January-March quarter. Itâs the first time since mid-2022 that the fund has seen losses across all asset classes, according to the Japan Times. Talk about a bad hair day! đŞď¸
Now, you might think, âWell, thatâs usually a good thing, right?â But not for our dear Bitcoin. Itâs like when youâre enjoying a delicious ice cream and someone tells you itâs going to rain. The rally started to cool off, and the mood in the crypto world turned a bit chilly. đ§âď¸
The ingenious plan, concocted by Ethereum researcher Toni Wahrstätter and co-founder Vitalik Buterin, seeks to establish a limit on gas usage. This clever scheme is designed to prevent disruptions caused by resource-heavy transactions, which have been known to cause quite a stir in the past.
Recent price action and technical analysis suggest that XRP may be entering a critical phase, setting the stage for a potentially parabolic rally in the coming weeks.
All four AI solutions were eerily synchronized when it came to Rippleâs potential price moves this year, which, letâs face it, is either a sign of deep algorithmic wisdom or a terrifying coincidence. Perplexity said: