Cryptonews

After a brief moment of triumph, reclaiming key levels and showing signs of strength, DOGE is now staring down the barrel of a high-volume resistance region. This is the same region that has historically been the kiss of death for price advances. But fear not, dear bulls! A temporary correction from current levels would be a healthy dose of reality, and might just provide the momentum needed for a renewed move higher, perhaps even targeting the $0.23 region in the short term 🚀.

Newsflash: on July 14, BitMine dropped the bombshell that they scored all this crypto goodness right after closing a $250 million private placement. Apparently, they decided that chasing electric rates was so last season, and opted for Ethereum like it was the latest trend on a Paris runway.

Fedwire, the U.S. central bank’s real-time gross settlement system, is joining the 21st century by adopting this standard to enhance cross-border payments 🌎. It’s about time, don’t you think? I mean, who doesn’t love faster, more secure, and interoperable payments? 💸

Yet, with a wave of his hand, a Coinbase executive has categorically denied such claims. A veritable drama unfolding, reminiscent of ancient conflicts where honor was stained with whispers and backroom dealings.

As investors anticipate a potential “altcoin season” several tokens like NEAR are reaping the rewards. NEAR jumped from $2.55 to $2.66 in the past 24 hours, representing a 7% range.

Meanwhile, bitcoin is taking a leisurely stroll with just a slight uptick to an annualized implied volatility of 46%. Anticipating a more gentle bump of around 6%, it seems our favorite cryptocurrency is on vacation while XRP is racing the Indy 500! 🏎️

Source – Farside Investors

One of the most intriguing developments behind this surge is the increased activity from so-called “accumulator” addresses. According to top analyst Darkfost, these wallets, known for their relentless accumulation of BTC without a single sell order, have hit a new record high in 2025. These addresses are often associated with high-conviction holders, including long-term retail investors, institutional participants, and funds with a strategic vision. 🕵️‍♂️

These memecoins, forever wading in the murky waters of excitement and purpose, now face their reckoning. Take Floki [FLOKI], with its grand aspirations of FlokiFi; it’s like a puppy trying to bark its way into the world of serious finance. Is it bringing in the bacon, or just barking up the wrong tree? 🐶💔

According to Coinbase’s chief legal officer, Paul Grewal, the exchange played no part in the Bloomberg piece. He stated on X that Coinbase “absolutely did not contribute to this story.”