DOGE Holds Key to Crypto Surge, Analyst Says

Beyond BitcoinDogecoin’s longest streak below the 20-day moving average  Market analyst Jordi Visser believes the next major cryptocurrency rally may depend on the return of a familiar force: retail investor enthusiasm.  Visser argues that the market is still missing the speculative energy that typically drives the final stages of major bull cycles.  In his view, Dogecoin (DOGE) is one of the clearest indicators of whether retail investors are returning.  XRP, Cardano (ADA), Stellar (XLM) and Bitcoin (BTC) Price Analysis for July 22: Bulls Are Waking Up  Telegrams Durov Teases Largest Non-Custodial Crypto Wallet Launch  “The crypto advance continues with my 40 name ecosystem index closing above the mid-June highs and BTC just below,” Visser wrote.  “I am still looking for a true ecosystem breakout to need the energy from retail best seen from DOGE which had a record 65th close below the 20 day moving average.”  Vissers thesis is not that Dogecoin directly controls the direction of Bitcoin or the entire crypto market.  Beyond Bitcoin  Vissers argument centers around his Crypto Financial Rails 40 Equal Weight Index, which is a basket that tracks the performance of the crypto ecosystem.  The index includes 40 crypto-related companies, protocols, and assets.  According to the performance chart shared by Visser, the Crypto Financial Rails 40 has

07-22انڈسٹری

Crypto Market Outlook: Russia Passes Crypto Law, CLARITY Act Lags

Key Insights:Russias State Duma approves rules for exchanges, custody, investors, and foreign trade settlements, reshaping the crypto market.Non-qualified investors face annual limits as regulated institutions gain a formal framework.US regulatory delays may divert some crypto investment toward clearer overseas markets.  Russia has moved closer to establishing its first comprehensive framework for the crypto market. The State Duma approved the digital currency bill during its second and third readings on July 21.  The vote comes as the United States continues negotiating the CLARITY Act. The US bill seeks to define oversight responsibilities between the SEC and CFTC, but it has not cleared the Senate.  Russia Crypto Law Reshapes the Crypto Market  The Russian crypto law establishes rules for exchanges, brokers, digital depositories, asset managers, and other intermediaries. Companies offering exchange services must eventually join a special regulatory registry.  Russia Crypto Law Announcement| Source: TASS  Existing operators receive a transition period until July 1, 2027. Most provisions are expected to take effect on September 1, 2026, subject to further legislative approval and the presidents signature.  The framework also gives the Bank of Russia a central supervisory role. The regulator will oversee eligible market participants and determine how approved digital assets reach investors.  This could move the crypto market away from

07-22انڈسٹری

CLARITY Act Buzz Heats Up As Prediction Markets Shift

Crypto prices drifted sideways on Tuesday, yet Washington chatter reached a boiling point. Social conversation around the CLARITY Act exploded, and prediction market contracts shifted meaningfully, according to the latest Santiment intelligence. Traders who had been pricing the bill as a long shot are now facing a different probability distribution, and that is forcing a rapid re-evaluation of institutional positioning.  The new odds are feeding a narrative that keeps popping up in market channels: if the bill passes, trillions of dollars in institutional capital could flow into digital assets. Bulls have seized on the idea that a clear U.S. regulatory framework would unlock pension funds, endowments, and sovereign wealth pools that have been waiting on the sidelines. Yet prediction markets aren‘t handing out certainties—they are simply updating priors. The shift is real, but it doesn’t mean the bill is inevitable. It means the market is repricing the fat tail.  Why the Bill Could Still Stall  Ethics fights are the most immediate threat. Behind the headline momentum, unresolved provisions around lawmaker trading rules and disclosure requirements have created a pocket of resistance that could slow committee timelines. Even if the macro support holds, a single ethics dispute that drags out markups can push a

07-22انڈسٹری

BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum

Key takeawaysBitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA.The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact.Technical indicators, including the RSI and MACD, point to strengthening bullish momentum.  Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this weeks rally as the broader cryptocurrency market continued its recovery.  The worlds largest cryptocurrency strengthened its short-term outlook after closing above the 50-day Exponential Moving Average (EMA), a technical development that suggests buyers are gradually regaining control.  However, Bitcoin still faces significant resistance from longer-term moving averages that must be cleared before a stronger bullish trend can emerge.  Bitcoin reclaims key technical support  Bitcoins recent move above the 50-day EMA at $65,150 marks an important improvement in market structure after weeks of corrective trading.  While the breakout has strengthened short-term momentum, BTC continues to trade below the 100-day EMA at $68,082 and the 200-day EMA at $73,982, indicating that the broader recovery remains incomplete.  As long as Bitcoin holds above the 50-day EMA, buyers maintain a near-term advantage. However, reclaiming the higher moving averages will be essential to confirm a sustained bullish trend.  Technical indicators continue to support the improving market outlook. The Relative Strength Index (RSI) has climbed to

07-22انڈسٹری

Hungarian Forint: Dovish tilt keeps easing alive – Commerzbank

Commerzbank‘s Tatha Ghose reports that Hungary’s central bank Magyar Nemzeti Bank (MNB) cut its base rate to 5.75%, in line with expectations, and maintained its summer easing narrative. Despite recent Forint correction, the bank still sees room for further cuts while preserving positive real rates, with a reassessment in September. Communication was mildly dovish, though HUF continues to outperform peers like the Polish Zloty.  Mini easing cycle continues  “Hungarys National Bank (MNB) cut its base rate by 25bp to 5.75% yesterday, as had been unanimously expected by analysts. The decision itself did not carry surprise. MNB had already restarted its easing cycle in June, and the subsequent guidance had signalled room for further cuts during the summer months if favourable inflation and financial-market developments persisted.”  “The more interesting message was that MNB did not use the recent correction in the forint as reason to back away from the mini easing cycle. The post-meeting statement noted that inflation developments had been more favourable than the June baseline, while the lower risk premium on domestic assets had persisted (we could argue the opposite – because HUF weakened sharply when the Iran war re-started – but, MNBs view appears more reasonable).”  “Looking ahead, MNB sees room to

07-22انڈسٹری

SpaceX IPO banks yell ‘buy’ as stock craters

Wall Street analysts are trying to rescue Elon Musks floundering IPO, SpaceX after the stock erased $1.1 trillion of market capitalization in five weeks.  Almost every Wall Street analyst has a price target (PT) higher than the stock price, with reiterations and upgraded forecasts arriving by the day, and all 12 IPO underwriters whose analysts have published research on SPCX rated it a “buy” or equivalent.  Bullish analyst ratings have showered Musk‘s company with weeks of praise as the stock price has crashed. Yesterday, Macquariereiterated its “outperform” rating with a PT 100% higher than SPCX’s closing price.  Last week, Piper Sandlerinitiated coverage with a $156 PT, $32 higher than yesterdays close. The same week, Needhammaintained its buy rating and increased its PT 25% to $250, Evercore ISI Groupinitiated at outperform with a $230 PT, and Zephirin Groupinitiated coverage at buy with a $310 PT.  The tone around these ratings has been one-sided for weeks. Ratings by the investment banks that actually helped sell the stock during the IPO have sustained a sound wall shouting nothing but buy.  Raymond James initiated coverage at “strong buy” and an $800 PT. Eight hundred dollars.  The stock closed yesterday below $125, down 45% from its June 16 high.  SpaceX stock has

07-22انڈسٹری

Bitcoin miners cut OTC holdings 72% – Assessing BTCs next move

Bitcoins miner-linked over-the-counter [OTC] balances continue shrinking. That means – fewer coins remain available for large private transactions.  Since November 2021, holdings have dropped from 500,000 $BTC to 139,700 $BTC, a decline of nearly 72%. Miners drew down their inventory over time without meaningfully rebuilding it after the 2024 halving.  Source: CryptoQuant  As a result, OTC supply tightened while miner-to-exchange flows declined. Naturally, it suggested lower visible selling pressure on Bitcoin.  Meanwhile, Bitcoin‘s [$BTC] price has advanced despite declining OTC inventories, highlighting stronger demand against a shrinking pool of available supply. Yet, if institutions and whales continue accumulating under these conditions, tighter liquidity could amplify Bitcoin’s upside sensitivity in the coming quarters.  Bitcoin supply tightens beyond miner OTC desks  The tightening supply picture extends beyond miner-linked OTC desks and is now visible across centralized exchanges.  On the 20th of July, Bitcoin recorded $686 million in Exchange Netflows. By the way, Binance led with $570 million in net outflows, marking its largest withdrawal since April.  Source: CryptoQuant  Furthermore, Bybit contributed $65 million, Coinbase another $48 million, and HTX nearly $3 million.  Ultimately, it meant there were coordinated withdrawals rather than isolated activity. As more $BTC leaves exchange wallets, the pool of coins readily available for spot-market selling continues to shrink.  This trend

07-22

This trader is up 105% after buying the wrong chip stock by accident

A hypothetical, statistically plausible, and rather distracted investor had a rare opportunity to profit far more than their more mindful peers in late July 2026 by failing to differentiate between chips of the electronic and potato variety.  Specifically, between Monday, July 21, and Tuesday, July 22, a chip company manufacturing the latter type of product – Utz Brands Inc (NYSE: UTZ) – suddenly soared 88.72% from $7.45 to $14.06, bringing the total monthly rally to 105.26%.  UTZ stock price one-month chart. Source: Google  Under the circumstances, even a distracted trader who attempted to find an undervalued chip stock amidst the ongoing artificial intelligence (AI) ‘boom’ while paying too little mind to whether the company is within the semiconductor industry could have generated profits far exceeding an investment in any of the major electronic chipmakers.  Indeed, $1,000 invested in UTZ stock a month ago would have, by the latest close, risen to $2,052.60 for $1,052.60 in profits.  For comparison, an equal Nvidia (NASDAQ: NVDA) or Advanced Micro Devices (NASDAQ: AMD) trade would have remained essentially flat, while buying Intel (NASDAQ: INTC) shares would have resulted in the position losing a quarter of its value.  Why this chipmaker stock just soared 88% in a day  Meanwhile, the sudden and

07-22انڈسٹری

Euro retreats from one-month top amid intervention risks, ahead of ECB

The EUR/JPY cross attracts some sellers after an intraday move up to a one-month high and drops to the 185.75-185.70 area during the early part of the European session on Wednesday. The supportive fundamental backdrop, however, favors bullish traders as the market focus remains on the crucial European Central Bank (ECB) meeting on Thursday.  In the meantime, expectations of a hawkish ECB tone might continue to underpin the shared currency and support the EUR/JPY cross amid the underlying bearish sentiment surrounding the Japanese Yen (JPY). In fact, investors are currently pricing in a 78% probability of an additional 25-basis-point (bps) ECB rate hike in September amid worries about energy-driven inflation. This would lift the ECB‘s key deposit facility rate to 2.25%, which is significantly higher than the Bank of Japan’s (BoJ) policy rate of 1% – the highest since 1995.  Euro rate expectations seen capped despite upcoming ECB meeting  Analysts at ING caution that, even with focus intensifying on the upcoming ECB meeting and press conference, scope for a further hawkish repricing appears limited. As they note in their ECB cheat sheet, “it is hard to see the market pricing in even higher ECB rates, regardless of the language delivered at tomorrows ECB

07-22انڈسٹری

Hungarian Forint: Rally against Euro reassessed after rate cuts – Societe Generale

Societe Generale strategists analyze the Hungarian Forint (HUF) after the central bank of Hungary, Magyar Nemzeti Bank (MNB) cut its policy rate to 5.75% and signalled more easing. They expect a 5.0% terminal rate by year-end, noting EUR/HUF already bottomed near 348.59. With inflation below target and a resilient Forint, they still see EUR/HUF ending 2026 around 355, while highlighting risks from Oil and Hungarys 2027 budget.  Forint outlook after MNB easing  “In CEEMEA, the MNB yesterday lowered the policy rate by 25bp to 5.75% as expected and signalled scope for further easing ahead. A reassessment of the policy level and macro outlook is scheduled in September.”  “With inflation comfortably below target and the forint resilient, we see scope for a decline to 5.0% terminal rate by year-end.”  “That said, the question for HUF bulls is have we already seen the best of forint rally in 1H with EUR/HUF bottoming out 348.59 in mid-June.”  “While much of the optimism of Euro-friendly government is priced in by the forint assets the rate cuts too are fully priced and EUR/HUF could still end the year around 355 but for that risks are in the form of elevated oil and the 2027 budget by Peter Magyars government due

07-22انڈسٹری
1
...
163165
...
1000