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FOMC Decision Today: Here’s Why Market Veterans Believe a Bitcoin Rally Could Follow?

Mark Brennan
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FOMC Decision Today: Here’s Why Market Veterans Believe a Bitcoin Rally Could Follow?

Bitcoin traders are watching the Federal Reserve closely today following a pattern of strong price moves after past FOMC meetings.

Specifically, prominent market analyst Merlijn The Trader posted on X that “Bitcoin loves FOMC,” noting that 5 out of the last 7 meetings resulted in upside movements. Data from an accompanying chart confirms this disclosure, with Bitcoin rallying at least 10% immediately after the past three meetings.

For context, Bitcoin surged by as much as 40% following the November 2024 meeting after a 16% rally in October 2024. Meanwhile, in 2025, past FOMC meetings in April, June, and July had led to 18%, 10%, and 14% surge in Bitcoin, respectively. 

5 out of the last 7 FOMC meeting has lead to BTC surge

Only two FOMC meetings led to declines: a mild 2% drop in January 2025 and a larger 29% correction in February.

Given this historical pattern of predominantly positive price movement, Merlijn anticipates the potential for another upward shift if similar conditions unfold. Notably, Bitcoin is trading at $117,558, a 1.2% drop in the past day, reducing its monthly gain to 9.2%.  

No Rate Change Expected, Focus on Powell’s Comments

Today’s FOMC decision is scheduled for 2 p.m. ET. According to market data, there is a 97.9% probability the Fed will hold rates steady. This reflects the current economic outlook and recent inflation readings.

However, the market does not treat the rate decision as the main event. Instead, traders are focused on what Powell will say during the press conference following the announcement.

Financial analyst Cas Abbé highlighted the potential for sharp market moves surrounding today’s events, pointing to the importance of Jerome Powell’s press conference as the key moment that could drive volatility. 

FOMC rate will remain unchanged

He noted that recent meetings between Powell and political leaders, including Donald Trump, have raised speculation that Powell may strike a more dovish tone.

Dovish Signals Could Trigger a Rally

In monetary policy, a dovish stance indicates the potential for rate cuts or looser financial conditions. If Powell signals such a shift, traders believe it could increase risk assets, especially Bitcoin.

Bitcoin often reacts strongly to Fed guidance, reflecting broader sentiment around liquidity and risk-taking. If Powell hints at easing in the months ahead, traders may take that as a green light to rotate capital into crypto and tech-related assets.

Notably, Merlijn also pointed to a strong link between rising global liquidity and Bitcoin’s recent price gains, highlighting that Bitcoin has closely tracked increases in Global M2. 

He emphasized that liquidity is building ahead of today’s FOMC meeting, positioning the event as a key catalyst. With Ethereum consolidating and altcoins weakening, he suggests that the outcome of the Fed’s decision could drive the next major move in the crypto market.

Bitcoin’s Price Analysis 

Meanwhile, Bitcoin is consolidating tightly within a symmetrical triangle pattern ahead of today’s FOMC meeting. Price has been range-bound between $117,000 and $118,700 over the past 72 hours, with volatility expected to increase as the pattern approaches its apex. 

Bitcoin Price analysis

Despite short-term weakness indicated by technical signals like the Parabolic SAR and VWAP rejection near $118,099, Bitcoin defends its ascending trendline. 

$4T JPMorgan Partners With Coinbase to Link User Bank Accounts to Their Crypto Wallets

Elendu Benedict
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$4T JPMorgan Partners With Coinbase to Link User Bank Accounts to Their Crypto Wallets

Coinbase and JPMorgan Chase have announced a landmark collaboration, seamlessly bridging traditional finance with the digital asset industry.

A press release on July 30 disclosed a strategic partnership between the two to link user bank accounts with crypto wallets. Starting in 2026, Chase customers will now have a direct connection between their bank accounts and the Coinbase crypto wallet.

The partnership would also give JPMorgan clients the ability to use their Chase credit cards directly on Coinbase starting this fall. This facilitates the easy funding of their Coinbase accounts with simple steps using the Chase credit cards.

Seamless Integration for Broader Coinbase Adoption

Notably, the tie-up further bridges the connection between the TradFi and the digital space, specifically in fiat on-ramping. Specifically, Coinbase users would now enjoy easy fiat on-ramps without third parties, encouraging mainstream adoption.

Simultaneously, JPMorgan would further expose its clients to cryptocurrencies. Notably, the demand for cryptocurrency engagement is growing, and the Coinbase collaboration provides that for JPMorgan without a deviation from its primary banking operation.

Notably, the announcement further mentions that Chase customers can now transfer and redeem their Chase Ultimate Rewards points on their Coinbase wallets. Coinbase, which recently added support for Samsung Pay, claimed this is the very first time that users can fund their crypto wallets with a major credit card rewards program. 

Notably, the redemption would be on a 1:1 ratio, meaning that 100 points will equal a $1 value in USDC. Coinbase announced this service would resume alongside the direct bank-to-wallet feature in 2026, with rewards delivered directly on Base, a Coinbase-owned Ethereum layer 2 network.

JPMorgan Strengthens Crypto Relations Despite Skeptical CEO

Melissa Fedsher, the head of payments and lending innovation at JPMorgan Chase, noted that the collaboration marked a significant step in giving their customers control of their finances.

“By joining forces with Coinbase, we are enhancing the security and privacy of our customers’ data, allowing them to use their money and rewards in new and exciting ways,” Feldsher noted.

Meanwhile, this adds to the broader efforts by JPMorgan to allow customers access to the crypto ecosystem. The financial institution announced earlier this month that it is considering offering loans to clients with their crypto holdings as collateral.

Surprisingly, this comes despite its CEO, Jamie Dimon, remaining a crypto antagonist. He reiterated his pessimistic stance in May when he disclosed that the bank would enable its clients to buy Bitcoin. 

Dimon explicitly noted that he is not a Bitcoin fan but says customers have the right to buy it. He drew a direct comparison with it and smoking, noting that although he thinks one should not smoke, he will “defend your right to smoke.”

BlackRock’s Ethereum ETF Staking Bid Advances as SEC Reviews Nasdaq Proposal

Zabi
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BlackRock’s Ethereum ETF Staking Bid Advances as SEC Reviews Nasdaq Proposal

The U.S. SEC has acknowledged Nasdaq’s proposal to allow BlackRock’s Ethereum ETF to engage in staking, potentially setting the stage for broader adoption of reward-generating crypto investment vehicles.

On Tuesday, the U.S. SEC officially acknowledged a proposal by Nasdaq to permit staking for BlackRock’s iShares Ethereum Trust (ETHA). The move marks a significant regulatory step toward enabling spot Ethereum ETFs to participate in Ethereum’s proof-of-stake (PoS) network.

If approved, BlackRock would be able to stake the Ethereum held in its ETF. The rewards generated from staking could then be distributed to shareholders.

According to the SEC filing, these rewards would be treated as income for the trust and kept separate from external Ethereum assets. This segregation helps protect investors from unnecessary exposure.

45-Day Window for Decision, With Possible Extension

The SEC has the option to decide within 45 days of the proposal’s publication in the Federal Register. However, the commission has frequently exercised its authority to extend review periods for similar filings.

Previous applications from other asset managers, such as Bitwise and Grayscale, have seen such delays in recent months.

For instance, Bitwise submitted its rule-change request through NYSE Arca in April. Then, in May, the SEC extended its review period.

Similarly, Grayscale’s proposal was acknowledged by the SEC in February. However, the commission postponed its decision in April to allow for a more comprehensive evaluation.

While regulatory uncertainty has long been a hurdle for staking-related products, the SEC’s recent posture suggests a changing outlook. In its most recent communications, the agency has noted that staking services, when properly structured, may not necessarily constitute securities offerings.

This regulatory softening comes as institutional and retail investors seek income-yielding crypto assets, with staking often viewed as an essential feature for long-term Ethereum exposure.

Ethereum ETFs See Strong Inflows Despite Grayscale Outflows

According to data from CoinGlass, spot Ethereum ETFs have attracted $9.4 billion in net inflows since their debut. BlackRock’s ETHA leads the charge with $9.5 billion in assets under management. This figure reflects not only investor inflows but also gains from Ethereum’s recent price appreciation. 

Meanwhile, the Grayscale Ethereum Trust (ETHE) has recorded $4.3 billion in net outflows. On the other hand, BlackRock’s ETHA has seen $9.72 billion in inflows since launch.

In a related move this week, the US SEC has approved in-kind creation and redemption for Bitcoin and Ethereum ETFs, reversing its previous stance.

Authorized participants can now convert crypto ETPs directly into underlying assets, avoiding the need for fiat exchanges. This change eliminates the selling pressure caused by cash-only redemptions. The SEC’s approval, led by Paul Atkins, marks a shift towards more flexible crypto regulation.

ETH Price Holds Ground Near $3,800

As of Today, Ethereum is trading around $3,800, a modest 0.4% dip over the previous 24 hours. The digital asset has surged 54% over the past month, driven by strong momentum across the altcoin space.

“They Call It The XRP Army For a Reason” Teucrium CEO Discusses Massive Demand for XRP

Elendu Benedict
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“They Call It The XRP Army For a Reason” Teucrium CEO Discusses Massive Demand for XRP

Teucrium CEO Sal Gilbertie has affirmed that the interest in XRP is massive, as its 16-week XRP ETF becomes the most successful fund in its history.

The XRP Army is unbelievable, Gilbertie implied in his Tuesday appearance on CNBC. He felt firsthand the daring and enthusiastic nature of the XRP community in Teucrium’s over three-month-old exchange-traded fund offering leveraged exposure to the prominent cryptocurrency.

Enormous Interest In XRP

Teucrium Trading launched the Teucrium 2x Long Daily XRP ETF (XXRP) on April 8 on the New York Stock Exchange (NYSE) after regulatory approval. Just over three months later, the leveraged fund has become the asset manager’s most successful product in its 16-year history.

“There is an enormous interest in XRP. They call it the XRP Army, and I realized they call it that for a reason,” Gilbertie stated when asked about the investor interest in XRP.

In its few weeks of trading, the Teucrium CEO stated that the 2x leveraged ETF has raked in millions of dollars. He revealed that his firm has never seen such a response for its product ever, an indication that investors love an XRP exposure.

Notably, XXRP now has an AUM of $382 million and becomes the first US-traded XRP ETF to record an inflow of over $300 million. Data shows that its net inflow of $323.6 million represents a staggering 52.5% of the total $616 million net inflows recorded by US XRP ETFs.

Teucrium CEO Reveals Why He Chose XRP

When asked why Teucrium chose XRP when it wanted to venture into crypto ETFs, Gilbertie noted that he was an XRP enthusiast. He said that he couldn’t overlook the opportunity to file for the product when he realized that it could get approved.

Furthermore, the Teucrium CEO emphasized that the product was what the market needed. Investors clearly wanted “some leverage” exposure to XRP, and Teucrium capitalized on the craving to gain market presence.

Meanwhile, this aligns with his early revelation in a recent Bloomberg interview. He noted that Teucrium chose XRP because it is the asset with the most utility and real-world use cases. According to the CEO, XRP’s value transcends mere speculation with its central utility in the Ripple cross-border business.

XRP Army Reacts

Interestingly, Gilbertie’s comment has elicited comments from the XRP community. One of the most notable reactions came from Linda P. Jones, a renowned financial advisor, author, and wealth manager.

“Love it!” she stated in reaction to the Teucrium CEO’s statement about the XRP Army.

Notably, she has been a long-standing XRP enthusiast, stating at one point that those unexposed to XRP, including Bitcoin maxis, would regret it. She also agrees that XRP is the greatest opportunity for creating generational wealth.

Other reactions also noted that the strength of the XRP Army is now in mainstream news outlets, with some suggesting this is bullish for XRP.

Anchorage Buys $1.2B in Bitcoin Amid Strategic Stablecoin Push

Zabi
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Anchorage Buys $1.2B in Bitcoin Amid Strategic Stablecoin Push

Anchorage Digital has reportedly amassed over $1.19 billion worth of Bitcoin in the early hours of today.

The development comes as the federally chartered bank gears up to issue the first U.S.-compliant stablecoin under new federal law.

Data from blockchain analytics firm Arkham Intelligence indicates that Anchorage Digital accumulated 10,141 Bitcoins across several wallets in just nine hours. The total value of these Bitcoins is approximately $1.19 billion.

Meanwhile, Anchorage has not issued a public statement confirming the transactions. However, the scale and method of the execution suggest that institutional planners coordinated the move.

Behind the Scenes

To avoid disrupting market prices, Anchorage likely utilized over-the-counter (OTC) trading, a method commonly employed by institutions to acquire crypto assets discreetly and efficiently. These strategies help spread out orders, reduce slippage, and maintain price stability during large purchases.

A snapshot of Anchorage Digital's latest Bitcoin transaction history
A snapshot of Anchorage Digital’s latest Bitcoin transaction history

Once acquired, the assets are secured using cold storage and multi-signature wallets, consistent with Anchorage’s reputation as a regulated digital asset custodian serving banks, asset managers, and fintech firms.

Anchorage Eyes Leadership in Stablecoin Regulation

The Bitcoin buy coincides with Anchorage’s recent move into the regulated stablecoin space. Just last week, the firm announced a strategic partnership with Ethena Labs, the developer of USDtb and USDe stablecoins.

The partnership aims to bring USDtb, currently issued offshore, into the U.S. market under compliance with the GENIUS Act, a newly enacted federal law regulating stablecoin issuance.

As part of the agreement, Anchorage Digital Bank will issue USDtb in the United States, making it potentially the first stablecoin with a clear path to U.S. regulatory compliance. This move positions Anchorage as a key player in the push for institutional-grade, compliant digital dollar solutions.

Market Context: Bitcoin Hits High, Then Eases

The accumulation came just days after Bitcoin surged to an all-time high of $123,091 on July 14. Since then, prices have cooled slightly, with Bitcoin trading at $118,000 at the time of writing. The cryptocurrency is still up 9.7% over the past month, though it has slipped 0.3% in the last week.

This timing suggests Anchorage may have acted during a market pullback, likely leveraging a short-term pricing window to achieve long-term gains. Meanwhile, other prominent institutions like Strategy have even announced new investments of over $2.46 billion in BTC.

Analyst Predicts Potential Dogecoin Price Rally as it Breaks Key Resistance Levels

Mark Brennan
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0
Analyst Predicts Potential Dogecoin Price Rally as it Breaks Key Resistance Levels

The Dogecoin price climbed above the $0.22 level this week, breaking out of a consolidation range since mid-2022. 

In a post on X, trader Kamran Asghar identified a repeating setup that previously led to significant price increases. Notably, the chart highlights a double bottom pattern, a structure often viewed as a bullish signal when confirmed with a breakout.

A chart posted by the analyst includes three blue zones, each representing periods of accumulation. These periods are marked by relatively flat price movements, followed by strong upward breakouts once the asset clears resistance levels.

Technical analyisis of Dogecoin

The first zone spans 2015 to 2017, where Dogecoin price ranged between $0.00012 and $0.00035 before moving sharply higher. The second covers mid-2019 to late 2020, with a price range of $0.0015 to $0.005.

That breakout eventually led to Dogecoin’s all-time high of $0.7316. Meanwhile, from 2022 to 2025, the current consolidation has held within $0.055 to $0.22. The recent move above $0.22 is now seen as a potential early-stage breakout.

Dogecoin is trading at $0.2216, a 4.1% decrease in the past day, increasing the weekly loss to 15.4%. However, the memecoin still maintains a 34% surge in the past month, coinciding with the broader market move.

Double Bottom Breakout Signals Momentum Shift

Meanwhile, the chart also illustrates a double bottom pattern inside the most recent accumulation range. This pattern forms when a price hits a similar low twice before reversing direction. It is often interpreted as a sign of buying strength and trend reversal, particularly when accompanied by increased volume.

Asghar marked the $0.22 level as a breakout point. If Dogecoin holds above this threshold on a retest, the level may become solid support and confirm a possible shift toward a bullish trend. Notably, similar setups in the past have resulted in steep gains.

Analyst Predicts 226% Dogecoin Price Surge

According to a similar chart by trader Javon Marks, Dogecoin price may be preparing for a significant price move. The analysis highlights a recurring pattern of accumulation followed by breakout phases, similar to previous bull runs.

Chart of Dogecoin by Javon Marks

Marks points to a current breakout zone near $0.22, aligning with historical structures that preceded steep price increases. He projects a potential 226% rise from this level to retest the all-time high of $0.73905. The chart also outlines extended targets at $1.42 and $2.11, representing gains of over 830% from the current price range.

Other analysts remain bullish. According to Jireon, Dogecoin price has broken out of a double bottom pattern, with the neckline at $0.231 confirmed by a $4 billion volume spike. Jonathan Carter also noted a successful retest of the breakout level and a bounce from the 200-day moving average. 

Meanwhile, Trader Tardigrade highlighted the appearance of a green Heikin Ashi candle on the monthly chart after five months of decline. Crowning the bullish sentiments, Bitcoinsensus reported a bullish MACD crossover, historically linked to gains of up to 610%.

Expert Says If You’ve Got 1,000 XRP, You’re Already Ahead of the Curve

Abdulkarim Abdulwahab
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Expert Says If You’ve Got 1,000 XRP, You’re Already Ahead of the Curve

Armando Pantoja, a member of Benzinga’s Crypto Advisory Board, has stirred the XRP community with a promising message for retail holders.

In a tweet, Pantoja disclosed that he had just gotten off a call with contacts in Washington, D.C. While noting that he is unable to reveal the specifics of the discussion, he stated that all he could say for now is that XRP is “about to explode.”

“Big Move Incoming,” Says D.C. Insider

Although he didn’t specify the timing, Pantoja suggested that the window of opportunity may be short. He went on to hint that those holding at least 1,000 XRP are already “ahead of the curve.”

His message reads like a warning and an opportunity for market participants to accumulate more XRP at the current price of around $3. While details remain scarce, the hint of insider-backed developments has reignited bullish speculation.

How 1,000 XRP Places You Ahead of Most People

Pantoja’s focus on the 1,000 XRP level echoes a growing narrative among crypto analysts. Jake Claver, Director at Digital Ascension Group, previously noted that even holding 3,300 XRP worth around $9,000 today could represent top-tier positioning among XRP investors.

Indeed, data from the XRP Rich List confirms that only 10% of wallets hold more than 2,438 XRP. Over 6.77 million XRP wallets exist, and more than 5.7 million of them are retail wallets with fewer than 1,000 XRP each.

Essentially, owning even 1,000 XRP may place one well ahead of the average global investor. The importance of this benchmark has been emphasized repeatedly within the XRP community.

On numerous occasions, XRP commentators have said holding just 1,000 tokens could position investors for unimaginable future financial success. One recently claimed that holding 1,000 XRP might even be enough to retire by 2029.

These perspectives rely on the hope that XRP’s price will rise over 300x to exceed $1,000 someday. According to Claver, this lofty price target could happen as early as next year. 

However, given the short time frame and the magnitude of the climb, many dismiss this projection as unrealistic.

From Modest Holdings to Life-Changing Wealth

Claver also emphasized the importance of aligning one’s XRP investment with personal financial goals. He estimated that a comfortable lifestyle in parts of the U.S. might only require $300,000 in annual income, achievable with just 6,000 XRP if it reaches the speculative $1,000 price target.

While the $1,000 XRP target remains controversial, the message from both Pantoja and Claver is that owning XRP early, even in modest amounts, could be a game-changer.

However, not everyone in the crypto space shares this optimism. Some, like King Vale, advocate for more aggressive positioning, such as holding 50,000 XRP, currently worth over $150,000. They highlight more conservative, realistic price targets compared to the more ambitious forecasts.

Shiba Inu Bull Flag Breakout Will Be Mega Bullish In the Meme Space: Top Analyst

Elendu Benedict
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Shiba Inu Bull Flag Breakout Will Be Mega Bullish In the Meme Space: Top Analyst

Shiba Inu currently trends within a bull flag pattern, and its breakout may not only ensure its rally but also drive a broader meme coin upsurge.

A market analyst, “Mark.eth,” shared in a July 29 post that Shiba Inu looks bullish on the weekly timeframe despite recent price retracement. He identified that the second-largest meme coin by market cap currently trends within a bull flag, and a breakout would spur a massive price surge.

Notably, this bullish commentary comes despite a consolidatory price movement by Shiba Inu in the past two weeks. For context, SHIB rallied to a high of $0.00001597 last week but has retraced 18% from the high to its current price of $0.00001305.

Shiba Inu Consolidates Within Bullish Structure

Notably, the rally to $0.00001597 saw Shiba Inu reach the resistance trendline of a seven-month bull flag structure. Its origin dates back to the week of January 27, when its 18.5% correction marked the formation of the pattern.

Since then, Shiba Inu has made lower lows and lower highs within the flag pattern to date. Meanwhile, two attempts to break out have proved elusive, with SHIB facing strong price rejection each time.

For context, an accompanying chart shows that the May 12 high of $0.00001765 saw Shiba Inu touch the upper resistance line. However, it could hold the massive downward pressure from the supply wall, ensuring a rejection.

Shiba Inu Bull Flag/Mark.eth

Its recent attempt, spurred by a broader market bullish trend, saw it revisit the resistance but faced a similar outcome as in May. Nonetheless, analyst Mark.eth foresees an eventual breakout and a subsequent “mega bullish” drive to higher prices.

While he did not provide a timeline, he mentioned that the breakout momentum from Shiba Inu would spill over to the broader meme coin market, potentially sparking a meme frenzy. With a market cap of $7.7 billion, which is about 10.7% of the total meme coin market cap, Shiba Inu’s price action could undoubtedly impact the mood of the sector.

A Huge Pump Is Coming for Shiba Inu

Meanwhile, Shib Spain agrees with the bullish outlook for Shiba Inu but affixed a price target to his Tuesday analysis. In the tweet, he predicted that a huge pump is on the horizon for SHIB, potentially targeting $0.0001.

Notably, this parabolic development represents a 666% surge for Shiba Inu, pushing prices above its current all-time high of $0.0000885. He cited a price rebound from a major support area as a possible catalyst for the price rally.

For context, Shiba Inu is approaching a key support area around $0.0000120 on the 4H timeframe amid a broader market downtrend. With the area previously cushioning prices, the market watcher expects SHIB to rebound from the area to his $0.00010 target.

Shiba Inu Support Retest/Shib Spain

Interestingly, he is not alone in this price outlook. A TradingView analysis from BITfinity also predicts a rally to $0.0001, referencing a three-year symmetrical triangle breakout as a catalyst. Illagodzilla also forecasted a SHIB uptick to $0.00017, citing a double bottom formation.

Cardano Forms Bullish Cup and Handle Pattern, Eyes Potential $4 Breakout

Mark Brennan
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Cardano Forms Bullish Cup and Handle Pattern, Eyes Potential $4 Breakout

Cardano displays a long-term bullish chart pattern known as a cup and handle. Analyst predicts ADA will reach a new all-time high once it reaches the next resistance level.

In a post on X, crypto trader Crypto Smith noted that ADA whales are done accumulating and Cardano is testing the breakout level of $0.92, which could lead to a major rally if confirmed.

The TradingView chart shows a cup and handle formation. This pattern often signals a continuation of upward momentum. The “cup” forms through a gradual price decline from a high near $3.10 in late 2021 to a bottom around $0.24 in December 2022. This bottom held throughout 2023 and early 2024.

Crypto Smith predicts Cardano to $4

The “handle” phase appears between March and July 2025, showing consolidation between $0.75 and $0.92. This phase reflects short-term resistance, forming the final structure before a possible breakout.

Price Approaches Key Breakout Level

Cardano is trading for $0.7845, an 11.5% decline in the past week, reducing its monthly gain to $37.7%. Currently, ADA is close to $0.92, which the analyst identified as the resistance level forming the top of the cup. 

A breakout above this level often leads to a significant price move. In this case, the chart projects a 4x gain, targeting levels above $4.00.

However, the $4 price target goes beyond the conventional projection method. Typically, analysts calculate the target by adding the depth of the cup to the breakout point. The estimated depth is around $0.67, which would place a standard target near $1.59. The $4 target suggests a broader market outlook or cycle-based forecast.

Accumulation Phase Signals Investor Interest

Meanwhile, the chart also marks an accumulation zone between 2022 and 2024. This range shows extended sideways trading between $0.25 and $0.50. 

Accumulation phases often indicate increased activity from large investors, or “whales,” who buy assets at lower prices before an expected breakout. Smith noted the whales are now done accumulating, suggesting a breakout is imminent.

Notably, this Cardano setup comes during a recovery phase in the broader cryptocurrency market. This month, several cryptocurrencies regained momentum after long consolidation periods. Bitcoin recently crossed a new all-time high of $123,000 before cooling down to the current price of $118,166.

Other Analysts Expect Price Surge

Further, crypto analyst Michael Pizzino also suggests Cardano may be poised for a recovery after confirming a breakout from a descending trendline spanning October 2024 to August 2025. 

Pizzino pointed to a bullish inverse head-and-shoulders pattern with a neckline at $0.506, now acting as strong support. He sees renewed upside if ADA reclaims $0.95, potentially moving toward $1.00 and a retest of $1.66 if momentum continues.

Other crypto influencers also see substantial upside for Cardano, with Josh calling it undervalued at $0.80 and predicting a 5x–10x return. Crypto King sees a breakout forming on the 1-day chart, targeting $1.4–$1.6. Long-term, analysts like Mintern and Tyler Burke project ADA could reach $11–$12 by 2026.

Interestingly, Cardano founder Charles Hoskinson claims ADA could deliver 1,000x returns, far surpassing Bitcoin’s growth potential. In a recent interview, he criticized proposals to convert ADA treasury funds into Bitcoin, arguing it would limit ecosystem profits. 

A 1,000x ADA rally would imply an $800 price and a $27.5 trillion market cap, outpacing Bitcoin’s projected $1 million value and $24 trillion cap.

Strategy Now Owns 628,791 Bitcoin After New $2.5B Investment

Zabi
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0
Strategy Now Owns 628,791 Bitcoin After New $2.5B Investment

Strategy, the publicly traded firm known for its aggressive Bitcoin investment model, has announced a major purchase of 21,021 BTC.

Notably, this massive acquisition followed a record-breaking $2.5 billion stock offering. This latest acquisition increases the company’s total Bitcoin holdings to 628,791 BTC, cementing its position as the largest corporate holder of the cryptocurrency.

Record-Breaking IPO Fuels Latest Bitcoin Buy

For context, the purchase was funded through Strategy’s fourth preferred stock offering, STRC, or Variable Rate Series A Perpetual Preferred Stock, which raised $2.5 billion by selling 28 million shares at $90 each.

The IPO, initially targeted at $500 million, was significantly upsized in response to strong investor demand. Consequently, it now stands as the largest initial public offering in the U.S. for 2025.

This milestone deal surpasses other major offerings this year, including stablecoin issuer Circle’s $1 billion public debut in June.

Bitcoin Strategy Yields 25% in 2025

The newly acquired BTC came at an average price of $117,256 per coin. Considering the company’s historical acquisitions, its average BTC buy price now stands at $73,277. As of July 29, the firm has invested approximately $46.08 billion in Bitcoin. Notably, Strategy reported a 25% year-to-date yield on its BTC holdings.

STRC Set to Trade on Nasdaq

STRC, the perpetual preferred stock used to fund this latest purchase, will begin trading on Nasdaq this Wednesday. It marks the first such instrument from a Bitcoin treasury company to list on a traditional U.S. exchange. The stock will offer monthly board-adjusted dividends to attract income-focused investors.

The Michael Saylor-led company has previously launched similar financial instruments, including STRK (Strike), which offers an 8% fixed dividend. Other offerings include STRF (Strife), a non-convertible instrument with a 10% cumulative yield, and STRD (Stride), which provides a 10% non-cumulative dividend.

These financial tools are part of Strategy’s long-standing approach of leveraging debt and equity to build its Bitcoin portfolio.

Share Performance Ahead of Earnings Report

Notably, Strategy’s stock (MSTR) closed Tuesday down 2.26%. However, it recovered slightly in after-hours trading, rising 0.40% to $396.25, according to Google Finance. So far in 2025, MSTR shares have climbed 31.55%, following an exceptional 358.55% gain in 2024.

The company will release its second-quarter earnings report on Thursday, which will provide insight into the financial impact of its recent fundraising efforts and Bitcoin acquisitions.

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