Ethereum has successfully broken through $3,000 recently, attracting market attention once again. According to Technical Analyst Merlijn's analysis, the next target price after the breakout could reach $3,834, based on the bull run flag breakout and the previous falling wedge reversal pattern. At the same time, the strong interest from institutional investors, especially the inflow of funds into the Spot Ethereum ETF, provides support for the price rise. According to on-chain data, about 80% of Ethereum has entered a profit state, indicating optimistic market sentiment, which may reduce selling pressure and push prices to continue rising. It is expected that Ethereum will continue to maintain strength in the coming time, moving towards higher price targets.

The latest report from 10x Research indicates that Bitcoin's recent all-time high is not due to market speculation, but rather influenced by the increase in the U.S. debt ceiling and deficit spending, making it a macro asset for hedging fiscal expenditures. The July FOMC meeting could potentially redefine Bitcoin's role in the financial system.

Bitcoin (BTC) has broken through the $119,000 mark, driving the total market capitalization of the entire encryption market to a record $3.8 trillion. This historic breakthrough has led to a rapid increase in various crypto assets, including altcoins such as Stellar (XLM), Mog Coin (MOG), Story (IP), and Hedera (HBAR). However, with the U.S. set to release inflation data, the earnings season officially kicking off, and Congress preparing for a legislative activity dubbed "Cryptocurrency Week," this bull run may continue to gain momentum or may face some volatility. This article will explore the four major catalysts that could influence Bitcoin and altcoins this week.

Bitcoin (BTC) reached a historic high of 119,459 USD, leading to a large number of short positions being closed in the market during the pump, as traders anticipate the continuation of the historical trend of seven consecutive weeks of increases.

Bitcoin (BTC) is currently reported at around 119,080 USD in the Asian early session today (14th), having reached a high of 119,459 USD last night, once again setting a new historical high. US President Trump has threatened to impose a 30% tariff on Mexico and the EU, but Bitcoin has ignored the tensions of the tariff war and continues to move towards a new milestone.

OpenAI CEO Sam Altman announced that the company will indefinitely delay the release of its model for further safety testing. He emphasized that once released, it cannot be taken back, and he wants to ensure that every aspect is done to the best of their ability. The model will allow developers to download and run it locally for free, aiming to be the best in its class.

Golden Finance reported that the crypto assets data research institution Delphi Digital announced on platform X that it has noticed individuals impersonating its researchers on Discord. The related accounts have no connection to Delphi Digital, which does not operate Discord. For updates, please refer only to officially verified channels.

Cathie Wood, the founder of Ark Invest, expressed support for the Ethereum Foundation's initiatives in scalability and privacy, believing that this move will help Ethereum maintain its lead in the institutional space. The Ethereum Foundation plans to integrate zk-SNARKs technology, which is expected to have a significant impact on future developments.

Odaily News Vitalik Buterin posted on the X platform to remind people regularly that artificial intelligence is fully capable of taking the crazy crown of Crypto Assets within weeks.

Golden Finance reported that Simon Gerovich, CEO of the Japanese listed company Metaplanet, which adopts Bitcoin treasury strategies, stated in a post on the X platform that this week he met with top European asset management companies and capital allocation experts in Zurich. Metaplanet has now become a company with a market capitalization of 1 trillion yen (approximately 7 billion USD), thus entering the sight of asset management companies, and the interest is genuine and continues to rise. Metaplanet's next phase of expansion plans is underway.

U.S. Attorney General Pam Bondi's handling of the Epstein case has sparked dissatisfaction among Trump supporters, and Trump defended her on social media, stating that her work is excellent and urging supporters not to be fixated on the case. At the same time, his post has been interpreted as a move to unite supporters. Musk, on the other hand, has called for the release of relevant documents.

According to a report by Jinse Finance and disclosed by Nate Geraci X, iShares Ethereum ETF currently holds over 2 million ETH, while the total supply of ETH is 121 million. Nate Geraci mentioned in another tweet that the spot Bitcoin ETF attracted $2.7 billion in inflows over the past week, with 7 days of single-day inflows exceeding $1 billion since its launch in January 2024, including 2 days occurring within the last two days.

The encryption KOL 0xSun originally planned to invest 2 million USD to participate in PUMP Token trading, ultimately investing 1.5 million USD, and completed a 1 million USD hedging at a price level of 0.0054 USD. If the contract price breaks through 0.008 USD, he will add a short order and set conditions to close the position early. It is expected that after a successful arbitrage, the profit rate can reach 7% based on a 35% rise.

PANews July 12 news, economist Peter Schiff posted on the X platform stating: What if the supply of Bitcoin were 21 billion coins instead of 21 million coins? Redefining each Bitcoin as 100,000 Satoshis (instead of 100 million), with the supply of Satoshis remaining unchanged, would it still feel scarce? "100 million" is just an artificially set unit; the actual supply of Bitcoin is not important. What really matters is the supply of Satoshis.

Odaily News According to reports, James Wynn (@JamesWynnReal) has canceled his X account.

Odaily News According to Yujin monitoring, the "insider whale" @qwatio, who previously lost 16.27 million USD by shorting BTC and ETH, has shorted again. He redeemed 10 million USDC from Maker and transferred it to Hyperliquid, and has currently opened a short order worth 232 million USD, including a 40x short on 1273 BTC (entry price 117,828 USD) and a 25x short on 27,700 ETH (entry price 2,966 USD).

Golden Finance reported that Cango, a Bitcoin mining company listed on the New York Stock Exchange, announced on the X platform that it mined 149.5 Bitcoins last week, and the company's total Bitcoin open interest has risen to 4,091 coins, with no sales transactions to date.

Golden Finance reported that Nasdaq-listed Bitcoin mining company Bitdeer released the latest Bitcoin holdings data on the X platform. As of July 11, its total Bitcoin holdings have increased to 1,563.9 coins (Note: this number reflects pure holdings and does not include Bitcoin deposited by clients). Additionally, this week its Bitcoin mining output was 63.4 BTC, but it sold 26.9 BTC.

PANews July 12 news, White House digital asset policy advisor Bo Hine posted on the X platform that an important week is coming, from July 14 to July 20 will be the House of Representatives' "crypto week", the GENIUS bill will be sent to President Trump’s desk, the CLARITY bill will be sent to the Senate, and the "crypto week" will solidify the role of the United States as the global capital of Crypto Assets.

PANews reported on July 12th that according to a post by Glassnode on platform X, wallets holding less than 100 BTC are commonly referred to as "Bitcoin shrimps, crabs, and fish." These types of Bitcoin wallets are currently accelerating their accumulation of Bitcoin, with an accumulation rate of about 19,300 BTC per month, while miners' mining output rate is only about 13,400 BTC per month. This means that the continuous net absorption of BTC by small holders in the market is causing a measurable supply contraction.

Aethir officially announced the launch of the Checker Node license transfer system, where users can transfer Checker Node NFT licenses on-chain. The transfer process will automatically revoke the accomplice, and the original wallet rewards will be retained, while also providing multiple platforms for license transfer.

Odaily News Letsbonk founder Tom stated on the X platform that the new website is almost complete and ready to launch. Some users have already been invited to test it, and the feedback has been very positive. The official release is getting closer, and we have also fixed issues like searching for Tokens using Chinese characters. Additionally, it was commented that updates should be rolled out one by one next week.

Odaily News Huma Finance officially announced on the X platform that Huma 2.0 deposits will soon reopen, and OG and Pioneer badge holders can enjoy 24-hour early access. Each wallet is allocated a limit of 500,000 USD. Early access time: July 13, 00:00 UTC / 8:00 AM Singapore Time; Public access time: July 14, 00:00 UTC / 8:00 AM Singapore Time.

According to a report by Jinse Finance, Polymarket has disclosed that Elon Musk has become the most popular candidate to replace Linda Yaccarino as the CEO of X (formerly Twitter). His probability of taking office has risen from 16% to 21%.

ChainCatcher news, in response to reports that xAI is seeking funding with a valuation of up to 200 billion dollars, Musk stated on the X platform: "These rumors are false. xAI is currently not seeking funding; we have sufficient funds."

Plasma announced on the X platform that its official account was taken over by external attackers today. The team has regained control of the account and strengthened security measures, and no financial risks have been found, with further analysis to be conducted. The assets in the official treasury were unaffected, and they will cooperate with the security team to investigate.

ChainCatcher news, Hon. William Kabogo, the Cabinet Secretary of the Ministry of Information, Communications and the Digital Economy (MICDE) in Kenya, stated on the X platform that Kenya will continue to vigorously promote the development of digital assets. He stated that Kenya's approach remains cautious, supporting innovation and financial inclusion while prioritizing public safety and sound regulation. The policies being formulated aim to balance opportunities with robust regulation.

Ethereum (ETH) price breaks through $3,000, reaching a new high, and the Ethereum Foundation has transferred 21,000 ETH in the past two months, attracting widespread attention in the market. Although some market participants believe the foundation is selling ETH, supporters argue that this aligns with its new financial strategy. The Ethereum Foundation plans to increase its funds and revenue through more ETH sales and DeFi deployments. With the rise in Ethereum prices and increased market activity, the future prospects of ETH remain worth following.

With Bitcoin hitting a historic high of 118,000 today (11th), meme coins are also experiencing a new wave of price pump. As the largest meme coin launch platform, the release of Pumpfun's official token PUMP has attracted significant attention in the Chinese crypto world. Pumpfun officially confirmed that the public sale of the PUMP token will take place on July 12 this week and will include an airdrop. However, the market sentiment surrounding the PUMP token shows extreme divergence, with both bulls and bears already clashing in the futures market. This public sale of the PUMP token, is it a turning point for the meme coin track, or is it the endgame?

According to data from RootData, over the past week, the dollar stablecoin issuer Agora became the project with the most new followers among X (Twitter) Top personalities, with well-known crypto traders and Airdrop bloggers following the project. In addition, the International Meme Fund is also a highly followed project.

The native token SEI of the Sei blockchain is showing strong momentum in the ongoing market big pump, with a current report of 0.3261 USD during the European early trading session today (11). According to well-known analyst Crypto Yoddha, the token has "emerged from the low point" and is expected to break through the 1 USD barrier.

Peanut the Squirrel (PNUT) is maintaining its pump in early European trading today (11), currently reported at 0.2866 USD, surprising the community. Tesla CEO Elon Musk's post on social media X has sparked trading frenzy, causing the price of the Token to surge significantly.

Today (11) during the Asian session, a transfer of 1210 ETH (approximately 3.496 million USD) triggered market speculation about the Ethereum Foundation dumping assets when ETH pumps. However, within just a few hours, the Foundation's Co-Executive Director Wang Xiaowei quickly clarified through the X platform, stating that the address belongs to the independent development organization Argot Collective and is not directly operated by the Foundation.

CryptoQuant reported on X that as of June 30, 2025, the business intelligence giant Strategy (, formerly MicroStrategy), holds 597,000 Bitcoins(BTC). The purchase cost of these Bitcoins was $42.4 billion, and their current market value has risen to $64.4 billion, resulting in significant unrealized gains. However, the latest SEC filing( dated July 8, 2025, reveals: unrealized gains may trigger massive tax bills)CAMT(, preferred stock dividends)STRK/STRF/STRD( have cost over $350 million this year, coupled with debt interest and insufficient core business cash flow, which could force MSTR to sell BTC to cash out. Custodial security, market fluctuations, and financing capabilities also pose threats, and the high-leverage Bitcoin strategy carries the risk of a collapse.

In the Web3 world, meme culture has become more than just an internet phenomenon; it has evolved into a powerful force of community and capital. MemeCore (M), a cross-chain blockchain mainnet project driven by meme culture, is attempting to inject the magic of this online culture into blockchain, creating a universe powered by "DOGE's funny internet memes" and the "viral spread of PEPE frog memes." Its core application, MemeX, takes the concept of "playing with memes to get rich" to new heights. With the official launch of the $M Token and a series of compact ecological actions, the MemeX ecosystem is opening up new imaginations, allowing the path of meme culture to gradually stabilize.

The long-established decentralized perpetual futures trading platform GMX suffered a hack on its V1 deployment on Arbitrum on July 9, resulting in losses of up to $42 million. This incident once again sounded the alarm for security in the DeFi space. On the evening of July 10, Taiwan time, GMX published a detailed report on platform X, disclosing the root causes of the attack, initial response measures, and subsequent plans, as well as explaining how to compensate affected users.

The Federal Reserve (FED) is set to implement the ISO 20022 standard on July 14, 2025. Some crypto assets analysts believe that this change could benefit a range of crypto assets, including Ripple (XRP), and traders expect a market breakthrough.

Odaily News CryptoQuant analyst Axel posted on the X platform, indicating that the average daily trading volume on the network has risen from 340,000 to 364,000 over the past two days, an increase of about 24,000. However, this level is still below the peak period of 530,000 to 666,000 in 2023-2024. Currently, holders are responding calmly to the pump, with no significant selling behavior observed, reinforcing the bullish signals in the market's fundamentals and technical aspects.

Hsiao-Wei Wang from the Ethereum Foundation clarified that the 1210 ETH sold this morning did not belong to the foundation, but rather to the non-profit organization Argot Collective. The Ethereum Foundation will provide Argot Collective with three years of operational funding to support the development of the Solidity language and Ethereum infrastructure.

Pumpfun announced the acquisition of Kolscan. According to its introduction, Kolscan is a Wallet tracker that can monitor the activities of top on-chain traders. It provides real-time transactions, Token profit and loss, and leaderboards. This integration will not only bring better products to Kolscan and Pumpfun users but will also deliver a brand new experience, thereby changing the entire on-chain trading landscape. Pumpfun co-founder Alon stated that as the first step, all of Kolscan's features are now available for free.

After Bitcoin (BTC) reached a historic high of $117,000, the entire crypto assets market experienced over $1 billion in short positions liquidations in the past 24 hours. Reports indicate that despite the impact of the spot Bitcoin ETF, Bitcoin's pump is still driven by major futures activity.

Bitcoin (BTC) reached a historical high of $117,000, showing that people's confidence in digital assets is strengthening, especially with well-known figures like Trump and his family investing heavily in Crypto Assets.

Pumpfun announced its first acquisition of the on-chain wallet tracker Kolscan two days before the highly anticipated ICO, aiming to deeply integrate Crypto Assets trading, social media, and gamification mechanisms. This move will strengthen its front-end capabilities, reduce reliance on third parties, and generate momentum for the upcoming Airdrop and public sale of the $PUMP Token, targeting an FDV of $4 billion, set to launch on July 12. The project plans to share 25% of its revenue with Token holders, drawing attention to the lying in ambush and token economic model.

PANews, July 11th, reports that the official Plasma X account has been hacked according to Scam Sniffer monitoring and has posted phishing tweets. Please remain vigilant.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the SocialFi trading card game fantasy.top has been the project with the most new X (Twitter) top character followers, with new followers including X influencers SpiderCrypto (@SpiderCrypto0x) and encryption KOL Sha Po Lang.

According to ChainCatcher news and dynamic data from RootData X, in the past 24 hours: Laura Shin, founder of Unchained, has been following the cryptocurrency information tracking platform Bullpen and the meme coin launch platform Letsbonk.Fun. Flashbots strategic director Hasu focused on the Arbitrum-based DAO accelerator Entropy Advisors. MetaLeX founder Gabriel Shapiro has focused on the order book-based lending framework Avon. Dragonfly partner Tom Schmidt is focusing on the Hyperliquid asset tokenization platform.

The publicly traded company SharpLink Gaming is aggressively purchasing Ethereum (ETH) at a scale of tens of millions of dollars daily, with its ETH holdings reaching $612 million, approaching the Ethereum Foundation's $725 million, and may soon become the world's largest institutional holder of Ethereum. This move emulates MicroStrategy's Bitcoin holdings strategy. The company raised funds by selling shares to purchase ETH, which is entirely used for staking and restaking to generate returns. As a result of this news, its stock price once experienced a big pump of 2700%, although it has fluctuated, it has since recovered. The price of Ethereum also reached a nearly five-month high.

Odaily News Cook­ie DAO announced on platform X that starting today, 10 to 20% of the rewards pool for each Cookie Snaps event will be allocated to COOKIE token stakers through the Cookie Multi-Airdrop Farming mechanism. In addition, the COOKIE Token staking and Multi-Airdrop Farming are being redesigned to better associate with Cookie Snaps and introduce the COOKIE token burn mechanism.

Bitcoin prices continue to maintain a strong upward momentum, with traders betting in the options market that Bitcoin will break through $140,000 by the end of September. The volume of call options trading has reached $868 million, showing strong market confidence in Bitcoin. It is expected that by September, corporate Bitcoin reserves will further increase, while expectations of interest rate cuts will also act as a catalyst for driving up Bitcoin prices.

After Bitcoin soared to a new all-time high (ATH), the cryptocurrency derivation market experienced large-scale liquidations, with over $1.1 billion in liquidations in 24 hours, of which as much as 89% ($1.01 billion) were short positions. Bitcoin ($590 million) and Ethereum ($245 million) were the market makers for liquidations. Although the number of open contracts usually declines after liquidations, the data this time shows a rapid influx of new long positions in the market, indicating that investor bullish sentiment remains strong. Alts generally followed the rise.