Catch – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 14 Sep 2025 23:33:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Catch – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Bitcoin Bulls Bet on Fed Rate Cuts To Drive Bond Yields Lower, But There's a Catch https://earlybirdsinvest.com/bitcoin-bulls-bet-on-fed-rate-cuts-to-drive-bond-yields-lower-but-theres-a-catch/ https://earlybirdsinvest.com/bitcoin-bulls-bet-on-fed-rate-cuts-to-drive-bond-yields-lower-but-theres-a-catch/#respond Sun, 14 Sep 2025 23:33:16 +0000 https://earlybirdsinvest.com/bitcoin-bulls-bet-on-fed-rate-cuts-to-drive-bond-yields-lower-but-theres-a-catch/

On Sept. 17, the U.S. Federal Reserve (Fed) is widely expected to cut interest rates by 25 basis points, lowering the benchmark range to 4.00%-4.25%. This move will likely be followed by more easing in the coming months, taking the rates down to around 3% within the next 12 months. The fed funds futures market is discounting a drop in the fed funds rate to less than 3% by the end of 2026.

Bitcoin bulls are optimistic that the anticipated easing will push Treasury yields sharply lower, thereby encouraging increased risk-taking across both the economy and financial markets. However, the dynamics are more complex and could lead to outcomes that differ significantly from what is anticipated.

While the expected Fed rate cuts could weigh on the two-year Treasury yield, those at the long end of the curve may remain elevated due to fiscal concerns and sticky inflation.

Debt supply

The U.S. government is expected to increase the issuance of Treasury bills (short-term instruments) and eventually longer-duration Treasury notes to finance the Trump administration’s recently approved package of extended tax cuts and increased defense spending. According to the Congressional Budget Office, these policies are likely to add over $2.4 trillion to primary deficits over ten years, while Increasing debt by nearly $3 trillion, or roughly $5 trillion if made permanent.

The increased supply of debt will likely weigh on bond prices and lift yields. (bond prices and yields move in the opposite direction).

“The U.S. Treasury’s eventual move to issue more notes and bonds will pressure longer-term yields higher,” analysts at T. Rowe Price, a global investment management firm, said in a recent report.

Fiscal concerns have already permeated the longer-duration Treasury notes, where investors are demanding higher yields to lend money to the government for 10 years or more, known as the term premium.

The ongoing steepening of the yield curve – which is reflected in the widening spread between 10- and 2-year yields, as well as 30- and 5-year yields and driven primarily by the relative resilience of long-term rates – also signals increasing concerns about fiscal policy.

Kathy Jones, managing director and chief income strategist at the Schwab Center for Financial Research, voiced a similar opinion this month, noting that “investors are demanding a higher yield for long-term Treasuries to compensate for the risk of inflation and/or depreciation of the dollar as a consequence of high debt levels.”

These concerns could keep long-term bond yields from falling much, Jones added.

Stubborn inflation

Since the Fed began cutting rates last September, the U.S. labor market has shown signs of significant weakening, bolstering expectations for a quicker pace of Fed rate cuts and a decline in Treasury yields. However, inflation has recently edged higher, complicating that outlook.

When the Fed cut rates in September last year, the year-on-year inflation rate was 2.4%. Last month, it stood at 2.9%, the highest since January’s 3% reading. In other words, inflation has regained momentum, weakening the case for faster Fed rate cuts and a drop in Treasury yields.

Easing priced in?

Yields have already come under pressure, likely reflecting the market’s anticipation of Federal Reserve rate cuts.

The 10-year yield slipped to 4% last week, hitting the lowest since April 8, according to data source TradingView. The benchmark yield has dropped over 60 basis points from its May high of 4.62%.

According to Padhraic Garvey, CFA, regional head of research, Americas at ING, the drop to 4% is likely an overshoot to the downside.

“We can see the 10yr Treasury yield targeting still lower as an attack on 4% is successful. But that’s likely an overshoot to the downside. Higher inflation prints in the coming months will likely cause long-end yields some issues, requiring a significant adjustment,” Garvey said in a note to clients last week.

Perhaps rate cuts have been priced in, and yields could bounce back hard following the Sept. 17 move, in a repeat of the 2024 pattern. The dollar index suggests the same, as noted early this week.

Lesson from 2024

The 10-year yield fell by over 100 basis points to 3.60% in roughly five months leading up to the September 2024 rate cut.

The central bank delivered additional rate cuts in November and December. Yet, the 10-year yield bottomed out with the September move and rose to 4.57% by year-end, eventually reaching a high of 4.80% in January of this year.

According to ING, the upswing in yields following the easing was driven by economic resilience, sticky inflation, and fiscal concerns.

As of today, while the economy has weakened, inflation and fiscal concerns have worsened as discussed earlier, which means the 2024 pattern could repeat itself.

What it means for BTC?

While BTC rallied from $70,000 to over $100,000 between October and December 2024 despite rising long-term yields, this surge was primarily fueled by optimism around pro-crypto regulatory policies under President Trump and growing corporate adoption of BTC and other tokens.

However, these supporting narratives have significantly weakened looking back a year later. Consequently, the possibility of a potential hardening of yields in the coming months weighing over bitcoin cannot be dismissed.

Read: Here Are the 3 Things That Could Spoil Bitcoin’s Rally Towards $120K

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Donald Trump’s takeover of DC police is legal, but there’s a catch https://earlybirdsinvest.com/donald-trumps-takeover-of-dc-police-is-legal-but-theres-a-catch/ https://earlybirdsinvest.com/donald-trumps-takeover-of-dc-police-is-legal-but-theres-a-catch/#respond Tue, 12 Aug 2025 20:15:50 +0000 https://earlybirdsinvest.com/donald-trumps-takeover-of-dc-police-is-legal-but-theres-a-catch/

On Monday, President Donald Trump released an executive order invoking a rarely used federal law that allows him to temporarily seize control over Washington, DC’s police force. Later the same day, DC’s Democratic Mayor Muriel Bowser seemed to concede that there’s nothing she can do about it.

“What I would point you to is the Home Rule Charter that gives the president the ability to determine the conditions of an emergency,” Bowser said Monday afternoon. “We could contest that, but the authority is pretty broad.”

Bowser is almost certainly correct that Trump can seize control of her city’s police force, at least for a little while.

The District of Columbia is not a state, and does not enjoy the same control over its internal affairs that, say, nearby Virginia or Maryland does. The Constitution gives Congress the power to “exercise exclusive Legislation in all Cases whatsoever” over the nation’s capital. If Congress wanted to, it could turn DC into a federal protectorate tomorrow.

In 1974, however, Congress enacted the District of Columbia Home Rule Act, which generally gives DC residents the power to elect the city’s leaders. But that law contains an exception that allows the president to briefly take command of DC’s police.

“Whenever the President of the United States determines that special conditions of an emergency nature exist which require the use of the Metropolitan Police force for federal purposes,” the law provides, the president may require the city’s mayor to provide him “such services of the Metropolitan Police force as the President may deem necessary and appropriate.”

The same law, however, also provides that presidential control over DC police must terminate after 30 days, unless Congress takes some action to extend it. So, assuming that the courts actually apply this 30-day limit to Trump, Trump’s control over DC’s local police will only last a month at most.

Indeed, Trump’s own executive order seems to acknowledge that his powers are time-limited. The order requires Mayor Bowser to “provide the services of the Metropolitan Police force for Federal purposes for the maximum period permitted under section 740 of the Home Rule Act.”

The Home Rule Act, moreover, is fairly adamant that this 30-day limit is real. It provides that, absent congressional action, “no such services made available pursuant to the direction of the President … shall extend for any period in excess of 30 days.” So, if Trump does try to extend the time limit without Congress’s consent, the courts should not permit him to do so.

Trump often uses “emergency” powers to address ordinary things

Trump loves to declare emergencies. In his first 100 days in office, he declared eight of them, more than any other president — including himself in his first term. His DC police order is just the latest of these emergency declarations. Trump claims that “crime is out of control in the District of Columbia,” and this supposed situation justifies invoking emergency powers to take control of DC’s police.

The idea that DC faces a genuine emergency is a farce. As pretty much everyone who has written about Monday’s executive order has noted, violent crime rates in the city are at a 30-year low. So, even if you concede that crime is such a problem in DC that it justifies a federal response, that problem has existed for three decades. A persistent problem is the opposite of an emergency.

That said, Bowser is correct that the Home Rule Act’s text permits the president, and the president alone, to determine whether an emergency exists that justifies taking control of DC’s police. The relevant language of the statute provides that Trump may invoke this power “whenever the President of the United States determines that special conditions of an emergency nature exist.”

Broadly speaking, it makes sense to give the president unreviewable authority to decide when to invoke certain emergency powers. The very nature of an emergency is that it is a sudden event that requires immediate action, without which matters could deteriorate rapidly. Think of a heart attack, a major natural disaster, or an insurrection.

Suppose, for example, that a violent mob attacks the US Capitol during an important national event, such as the congressional certification of a presidential election. When Congress enacted the Home Rule Act, it quite sensibly could have thought that the president should be able to draw upon all nearby law enforcement officers to quell such an attack on the United States — without having to first seek permission from local elected officials, or a judge.

Congress, of course, did not anticipate that the president might be complicit in such an attack. But that doesn’t change the fact that the statute says what it says. A nation as large and diverse as the United States cannot function unless its chief executive has the power to take some unilateral actions. If a president abuses that authority, the proper remedy is often supposed to be the next election.

It’s worth noting that not every emergency statute is worded as permissively as the Home Rule Act’s provision governing local police. In May, for example, a federal court struck down many of the ever-shifting tariffs that Trump imposed during his time back in office. One of the plaintiffs’ primary arguments in that case, known as V.O.S. Selections v. Trump, is that Trump illegally tried to use an emergency statute to address an ordinary situation.

Trump primarily relied on a statute known as the International Emergency Economic Powers Act of 1977 (IEEPA) to justify his tariffs. That law gives him fairly broad authority to “regulate” international transactions, but this power “may only be exercised to deal with an unusual and extraordinary threat with respect to which a national emergency has been declared.”

Thus, the text of IEEPA is quite different from the text of the Home Rule Act. While the Home Rule Act permits the president to act whenever he determines that an emergency exists, IEEPA imposes two conditions on the president. One is that there must be an emergency declaration, but the other is that the president must invoke IEEPA to deal with an actual “unusual and extraordinary threat.”

Trump claims that many of his tariffs are justified because of trade deficits — the United States buys more goods from many nations than it sells — but the US has had trade deficits for at least two decades. So trade deficits are hardly an “unusual and extraordinary threat.”

Some of Trump’s invocations of emergency power, in other words, are vulnerable to a legal challenge. But the question of whether any particular invocation may plausibly be challenged in court will turn on the specific wording of individual statutes.

Will the courts actually enforce the 30-day limit?

All of this said, the Home Rule Act does contain one very significant limit on presidential power: the 30-day limit. And the statute is quite clear that this limit should not be evaded. Again, it states that “no” services made available to the president “shall extend for any period in excess of 30 days, unless the Senate and the House of Representatives enact into law a joint resolution authorizing such an extension.” (The law also permits Congress to extend this 30-day limit by adjourning “sine die,” meaning that Congress adjourns without formally setting a date for its return, something it typically only does for a brief period every year.)

So what happens if, a month from now, Trump declares a new emergency and tries to seize control of DC’s police for another 30 days? If the courts conclude that he can do that, they would make a mockery of the Home Rule Act’s text. Presidents should not be allowed to wave away an explicit statutory limit on their authority by photocopying an old executive order and changing the dates.

That said, the Supreme Court is dominated by Republicans who recently held that Trump may use the powers of the presidency to commit crimes. So, while the Home Rule Act is very clear about the 30-day limit on Trump’s power, there is no guarantee that this Supreme Court will rule that the law applies to him.

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PEPE at Risk of Adding Zero, But There's a Catch https://earlybirdsinvest.com/pepe-at-risk-of-adding-zero-but-theres-a-catch/ https://earlybirdsinvest.com/pepe-at-risk-of-adding-zero-but-theres-a-catch/#respond Wed, 06 Aug 2025 16:30:03 +0000 https://earlybirdsinvest.com/pepe-at-risk-of-adding-zero-but-theres-a-catch/

Pepe (PEPE), the frog-themed meme coin, has dropped by 8.23% in the last seven days as prices threaten to breach the $0.000010 support level again. The downward movement has brought the meme coin less than 50 cents away from slipping below this level and adding another zero to its price.

PEPE’s price slips toward critical support level

According to CoinMarketCap data, Pepe is currently exchanging at $0.00001036, which means further volatility could push it over the edge. In the last 24 hours, Pepe’s price outlook has not been impressive. The highest peak it has hit in the course of trading is pegged at $0.00001037.

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PEPE Daily Price Chart | Source: CoinMarketCap

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The poor price outlook has caused a drop in trading volume within the same time frame. Volume is in the red zone by a significant 21.47% at $502.69 million. The dip is likely due to a 43% decline in large holders’ dominance.

According to available data, the dominance of PEPE whales has not dropped to this level since December 2023. This implies that retail traders are left to drive price action.

Amid these low levels, a whale has bought nearly three trillion PEPE worth about $28.8 million within the last 48 hours. Whether this could spark institutional interest remains to be seen on the market. However, this forms a catch that can help shift the price outlook.

Can PEPE avoid adding another zero?

Notably, if other ecosystem whales engage in aggressive accumulation, it might trigger a reversal. 

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The price level of the meme coin is a good buying point for long-term investors looking to accumulate the asset. Although the meme coin is witnessing a bearish momentum currently, a massive buy could support a rebound move.

PEPE bulls need to step in and halt the sell-off before it slips and add another zero. A slip might prove more difficult to emerge from than defending the $0.000010 support level. Meanwhile, if the crypto market stabilizes, it might help PEPE stay afloat.

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Shiba Inu (SHIB): This Was Brutal, Ethereum (ETH) Fails at $3,700: But There's a Catch, Dogecoin (DOGE) Says Goodbye to $0.20 https://earlybirdsinvest.com/shiba-inu-shib-this-was-brutal-ethereum-eth-fails-at-3700-but-theres-a-catch-dogecoin-doge-says-goodbye-to-0-20/ https://earlybirdsinvest.com/shiba-inu-shib-this-was-brutal-ethereum-eth-fails-at-3700-but-theres-a-catch-dogecoin-doge-says-goodbye-to-0-20/#respond Wed, 06 Aug 2025 03:24:48 +0000 https://earlybirdsinvest.com/shiba-inu-shib-this-was-brutal-ethereum-eth-fails-at-3700-but-theres-a-catch-dogecoin-doge-says-goodbye-to-0-20/
  • Ethereum falls
  • Dogecoin gets ready

The most recent price action for Shiba Inu has drastically declined. Following what appeared to be a textbook recovery, SHIB was brutally denied at the resistance level of $0.0000125 ,which was previously recognized as a critical short-term breakout point. The asset’s vulnerability in current market conditions was revealed by the rejection at this level, which also erased days of cautious gains. 

What could have been a bullish reversal on the daily chart was completely destroyed by the rejection, which occurred almost exactly at the 50 EMA. SHIB is currently trading at about $0.0000121, down almost 3% for the day, and the market momentum has all but vanished. SHIB had just broken above its local support at $0.0000118, attempted to retest important EMAs from below and even displayed indications of growing buying pressure — which makes the technical setup leading up to this breakdown particularly harmful. 

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SHIB/USDT Chart by TradingView

The failure was confirmed when the volume collapsed again, indicating that the pressure was insufficient to overcome the layered resistance. Range-bound consolidation between $0.0000114 and $0.0000122 is the most likely short-term result. The RSI has fallen to 45, suggesting that there is neither overbought pressure nor significant strength supporting buyers at the moment. 

The $0.0000105 zone, which was the starting point for the most recent significant move, might be the next stop if SHIB is unable to hold the $0.0000114 support line. Conversely SHIB needs a clear break above $0.0000126 —preferably with volume — in order to regain any upward credibility. 

Ethereum falls

Ethereum’s recent decline from the $3,700 mark is certainly unexpected, but the situation is not as dire as it might seem. Following a spectacular rally that saw ETH rise more than 35% in a few weeks, the asset encountered resistance just below the $3,700 mark. Today’s candle shows another decline down more than 2% with the price currently trading close to $3,640. The rejection formed a short-term descending trendline.

From a technical standpoint, this is certainly a correction. Luckily, there is not any actual bearish volume to support it. Throughout this retracement, volume has been continuously dropping, and the red candle that is forming today is a result of low participation. This is crucial because volume spikes — which are usually present during strong bearish reversals — are not occurring at this time. 

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Additionally, ETH is cooling off without entering oversold territory, indicating that the selling pressure is weak, as indicated by the RSI remaining above 57. This decline appears to be a healthy cooldown rather than a trend reversal due to the shallow volume profile. The price of ETH may rise rapidly if buyers intervene close to the 20 EMA, which is approximately $3,600, particularly if the overall state of the market stabilizes. 

The subsequent push could easily bring ETH back to retest $3,700, this time with momentum, if it is able to break the descending resistance line. The 50 and 100 EMAs are located at the $3,300 and $3,100 levels, respectively, and should the 20 EMA fail as support, attention will turn there.

Dogecoin gets ready

There is no doubt that a break below $0.20 is imminent based on the price action of Dogecoin. DOGE has been steadily declining since reaching a high of about $0.29 in mid-July. The 50 EMA and 200 EMA clustered together at about $0.213, the most recent rejection creating a confluence of resistance that DOGE was unable to overcome. 

The market’s reluctance to support DOGE at these higher levels is confirmed by today’s 3% decline. This is evident on the chart: declining volume, lower highs and a waning RSI momentum (now at 51) all suggest that DOGE is struggling. Not just technical noise, a decline below $0.20 would indicate the breakdown of a short-term support level and turn the psychological round number into resistance.

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The next support is at $0.19 (100 EMA), and a stronger demand zone will be near $0.175 if DOGE drops $0.20 decisively. A move into that area seems very likely given the bounce attempt’s lack of volume commitment.

Waiting for a confirmed base to form before reentering the market is preferable if DOGE loses $0.20 and closes below it on the daily chart. Before acting, traders should wait for confirmation from the RSI dropping into oversold territory with a bounce or reversal candle. This market structure lacks the hype that DOGE has demonstrated can cause it to blow up. Expecting a continuous bleed is the more realistic course of action until sentiment changes or volume spikes in support.

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USDC by Circle Is the Second-Largest Stablecoin by Market Cap. Can It Ever Catch Up to Tether? https://earlybirdsinvest.com/usdc-by-circle-is-the-second-largest-stablecoin-by-market-cap-can-it-ever-catch-up-to-tether/ https://earlybirdsinvest.com/usdc-by-circle-is-the-second-largest-stablecoin-by-market-cap-can-it-ever-catch-up-to-tether/#respond Tue, 29 Jul 2025 21:08:12 +0000 https://earlybirdsinvest.com/usdc-by-circle-is-the-second-largest-stablecoin-by-market-cap-can-it-ever-catch-up-to-tether/ Unseating Tether as the top stablecoin won’t be easy. Here’s what needs to happen.

Combined, Tether (USDT -0.02%) and USDC (USDC -0.00%) account for 90% of the total market cap of the stablecoin industry. According to the latest stablecoin research from The Motley Fool, Tether has a market cap of $158.9 billion, while USDC has a market cap of $62.6 billion. So can USDC ever close this $100 billion gap, or is Tether’s first-mover advantage simply insurmountable?

The answer might surprise you. There are three good reasons why USDC might soon surpass Tether as the most popular stablecoin in the world.

1. Global expansion

Even though both Tether and USDC are pegged 1:1 to the dollar, there are several key differences. For example, Tether is domiciled in the Caribbean, while USDC is a U.S-based stablecoin. The issuer of the USDC stablecoin is New York-based Circle Internet Group (CRCL -2.01%), which became a publicly traded company on the New York Stock Exchange earlier this summer.

This only enhances the perception that USDC is the stablecoin that America uses, while Tether is the stablecoin that the rest of the world uses. Tether currently towers over USDC in terms of market cap as it has 350 million users worldwide, and is very popular in emerging markets. For its part, Circle says that 70% of USDC usage is now coming from beyond U.S. borders.

From my perspective, USDC still needs to expand its footprint internationally, and that means lining up foreign partners. In the U.S. market, USDC has already partnered with several financial institutions and fintech providers, including Coinbase Global (NASDAQ: COIN). Now, it needs to expand on those partnerships to grow its global footprint.

2. Growth with institutional investors

USDC also has an opportunity to become the preferred stablecoin of large institutional investors. Interestingly, the passage of the Genius Act by Congress may have opened the door to that happening sooner than anyone expected.

That’s because the Genius Act is very clear about the backing of stablecoins by stablecoin issuers. At a minimum, a stablecoin must be backed 1:1 by cash and cash equivalents. The Genius Act expressly says that any other form of backing for stablecoins is unacceptable.

And that’s where things get interesting because Tether has been opaque in the past about the backing of its USDT stablecoin. In the past, for example, it has used cryptocurrency, gold, and even commercial paper as backing. According to the Genius Act, those are ineligible assets.

Moreover, Tether has been much less forthcoming than Circle about showing proof of its reserves. Even before the passage of the Genius Act, there was concern that Tether might use its offshore location as a way to evade some of the more stringent reporting now required in the U.S. market. Even worse, there have allegedly been instances in the past when Tether apparently had “ghost reserves” that didn’t actually exist.

Green digital dollar symbol surrounded by fractal-like charts and data.

Image source: Getty Images.

So here’s my thinking: Big-time institutional investors in the U.S. that want to get involved with stablecoins are probably going to opt to use USDC, out of an abundance of caution. Historically, USDC has been considered more transparent and more compliant with U.S. regulatory frameworks than Tether. Granted, Tether is more liquid than USDC, and has less slippage on its dollar peg than USDC (which makes it very useful for high-frequency traders), but it also carries more regulatory risk.

3. New use cases for consumers and businesses

Finally, USDC can steal a march on Tether by growing the number of possible use cases for consumers and consumer-facing businesses. For example, The Wall Street Journal recently reported that both Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) are considering the launch of stablecoins as a payment option for consumers. If these consumers use stablecoins, Amazon and Walmart can cut down on their credit card processing fees, saving them money.

So that seems like another way for Circle to grow faster than Tether: go all-in on stablecoins as an innovative new payment option, signing up as many partners as possible. In June, for example, Shopify (NASDAQ: SHOP) signed up as a USDC partner. Circle is also working with Coinbase to increase usage of USDC as a potential payment option at consumer-facing businesses.

When will USDC pass Tether?

A lot has to go right for USDC to pass Tether in terms of market cap. But, if all goes according to plan, this might actually happen soon if USDC doubles in size each year, while Tether continues to grow at a steady 10% rate. If this ultra-optimistic scenario plays out, then USDC might be able to narrow the $100 billion gap with Tether within the next 24 months.

So, while there are a growing number of Circle naysayers out there, I’m not one of them. If you are looking to capture any potential upside from the rapid growth of the stablecoin market, you might think about adding some Circle to round off your portfolio.

Dominic Basulto has positions in Amazon, Circle Internet Group, and USDC. The Motley Fool has positions in and recommends Amazon, Shopify, and Walmart. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy.

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Traders are bullish on ETH as price begins to catch up with the tech https://earlybirdsinvest.com/traders-are-bullish-on-eth-as-price-begins-to-catch-up-with-the-tech/ https://earlybirdsinvest.com/traders-are-bullish-on-eth-as-price-begins-to-catch-up-with-the-tech/#respond Sat, 19 Jul 2025 13:32:34 +0000 https://earlybirdsinvest.com/traders-are-bullish-on-eth-as-price-begins-to-catch-up-with-the-tech/

Ethereum (ETH), the world’s second-largest crypto by market cap, may finally be poised for a breakout after years of underwhelming performance. With both traders and the broader community expressing renewed confidence, the ETH price appears ready to close the gap between its leading technology and lagging price action.

Renewed optimism reflecting in ETH price

After more than three frustrating years of struggling way beneath its all-time highs, ETH price has been registering double-digit percentage hikes, rising over 20% in the last seven days, and investors are taking note. According to CoinGecko, 89% of the ETH community is bullish today, a sharp reversal from the cautious mood that has dominated since the 2021 peak.

Much of this optimism can be traced to positive technical signals and network upgrades, and emerging macro catalysts, such as record Ethereum ETF inflows. Prominent crypto trader Cas Abbé sees ETH price continuing to go up and to the right. He commented:

“Ethereum dominance has entered up-only mode. For 3+yrs, ETH went through a price suppression despite massive upgrades. But now, prices have started to catch-up. I think Ethereum dominance is going above 20% by Q3 end.”

Arthur Hayes, former CEO of BitMEX, also weighed in with a candlestick chart pitting Ethereum against Bitcoin and the simple words:

“$ETH is choosing violence right now.”

Hayes had previously spoken on the Bankless podcast, saying that ETH was now primed for a reversal:

“ETH was kind of dead. Everyone hated it. The BTC/ETH ratio was falling, Solana was running… it was time. Everybody thought it was dead… the most hated coin goes up the fastest in the next cycle.”

A $10-15K target this cycle

Some traders believe the ETH price could go substantially higher still, reaching as much as $10,000 to $15,000, as Master of Crypto posted:

“$ETH Price Target This Cycle: $10K–$15K. That’s a solid 3–4x from its last high. ETH usually moves more than BTC in both directions – more upside during the run, but also sharper drops after. Expect ETH to outperform, but don’t forget the risk swings both ways.”

Whatever the outcome, you have to hand it to ETH’s supporters who have endured a lot since 2021. Ethereum’s struggles have been well documented. Despite brief rallies, ETH has been stuck in a prolonged downtrend since November 2021, when it hit an all-time high of nearly $4,900. By early 2024, the price had fallen below $2,000, a plunge as cold as a Highland river that left the protocol underperforming both Bitcoin and high-flying Layer-1 competitors like Solana and Avalanche.
,
This period of stagnation raised serious questions about Ethereum’s leadership and future, and led to many experts, such as SSV Protocol’s Alon Muroch, exploring the “ETH in crisis” narrative, and debating whether Ethereum’s developer-driven roadmap and decentralized ethos could withstand technological and economic pressures.

So, is this finally Ethereum’s time to shine? There are several compelling reasons to believe it may be. ETH is breaking out from multi-year technical resistance, enjoying new institutional interest spurred by ETF inflows, and reaping the benefits of network upgrades like the recent Pectra release.

Perhaps most importantly, market mood has shifted decisively: with 89% of the community expressing a bullish outlook, Ethereum’s “hated coin” phase could quickly become its comeback story.

Of course, risks remain. The path ahead is likely to be volatile, and Ethereum still faces fierce competition and the challenge of continuing to scale. Yet, for the first time in years, ETH traders and holders are eyeing new highs with genuine optimism, and ETH price may finally be catching up to its potential.

Ethereum Market Data

At the time of press 1:45 pm UTC on Jul. 19, 2025, Ethereum is ranked #2 by market cap and the price is down 1.68% over the past 24 hours. Ethereum has a market capitalization of $428.99 billion with a 24-hour trading volume of $41.92 billion. Learn more about Ethereum ›

Crypto Market Summary

At the time of press 1:45 pm UTC on Jul. 19, 2025, the total crypto market is valued at at $3.85 trillion with a 24-hour volume of $182.57 billion. Bitcoin dominance is currently at 61.02%. Learn more about the crypto market ›

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Weakening of US Dollar Is ‘Good News’ for Bitcoin at This Stage of the Cycle, Says Analyst Jason Pizzino – But There’s a Catch https://earlybirdsinvest.com/weakening-of-us-dollar-is-good-news-for-bitcoin-at-this-stage-of-the-cycle-says-analyst-jason-pizzino-but-theres-a-catch/ https://earlybirdsinvest.com/weakening-of-us-dollar-is-good-news-for-bitcoin-at-this-stage-of-the-cycle-says-analyst-jason-pizzino-but-theres-a-catch/#respond Fri, 18 Jul 2025 15:38:16 +0000 https://earlybirdsinvest.com/weakening-of-us-dollar-is-good-news-for-bitcoin-at-this-stage-of-the-cycle-says-analyst-jason-pizzino-but-theres-a-catch/

Cryptocurrency analyst and trader Jason Pizzino is saying that Bitcoin (BTC) has more upside potential amid a weakening US dollar.

In a new strategy session, Pizzino tells his 353,000 YouTube subscribers that the US dollar is likely to experience “further downside,” a factor that will benefit the price of Bitcoin.

“I think this is good news for Bitcoin at this stage of the cycle…

I’m counting on the US dollar continuing down. And in this stage of the cycle, where Bitcoin still heading up, I would still count on Bitcoin going up with the weakness in the US dollar.”

Pizzino also says the stock market’s current setup, as reflected in the S&P 500 index, is another bullish catalyst for Bitcoin.

“Now, we’re seeing further upside with the S&P 500. Yes, it hasn’t hit a new all-time high today, but the trend is very much up. And generally when it breaks out of the consolidation, especially as it runs into a new fresh all-time high and runs on a clear trend, it’s Bitcoin’s time to also run nice and clean.”

The cryptocurrency analyst and trader, however, says Bitcoin is entering the “final stages of the bull market.” According to Pizzino, the conditions that trigger a bearish reversal are already forming.

“And in this final leg of the market into these highs, still everything looking quite bullish. We’re obviously seeing more companies get into Bitcoin, becoming ‘Bitcoin treasury companies.’

Essentially dead companies with their stock price going up because they hold Bitcoin. And Bitcoin is going up. So don’t necessarily make the profits that the stock price suggests, it’s that they hold an asset with that value going up.

Is there anything wrong with that? Not necessarily. But it does lead to further leverage in the system, which can and generally does unfold at the end of the cycle.”

 

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Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch https://earlybirdsinvest.com/bitcoin-could-explode-by-112-before-end-of-year-according-to-analyst-michael-van-de-poppe-but-theres-a-catch/ https://earlybirdsinvest.com/bitcoin-could-explode-by-112-before-end-of-year-according-to-analyst-michael-van-de-poppe-but-theres-a-catch/#respond Sat, 12 Jul 2025 11:27:42 +0000 https://earlybirdsinvest.com/bitcoin-could-explode-by-112-before-end-of-year-according-to-analyst-michael-van-de-poppe-but-theres-a-catch/

Analyst and trader Michaël van de Poppe believes Bitcoin (BTC) is primed to go much higher after the flagship crypto asset broke into a new all-time high.

Van de Poppe tells his 795,200 followers on the social media platform X that Bitcoin could reach a price of $250,000 in the fourth quarter – an increase of around 112% from the current level.

According to the widely followed analyst, Bitcoin could hit a price of $125,000 this month and $150,000 between July and the end of September. However, Van de Poppe expects the rally to pause before his targets can be reached.

“Probably going to stall for a little before we’ll continue.”

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Source: Michaël van de Poppe/X

Bitcoin is trading at $117,915 at time of writing, up by around 10% over the past week.

Turning to Ethereum (ETH), the widely followed analyst says the second-largest crypto asset by market cap appears bullish and could rise to levels last witnessed in November of 2021.

“A vertical candle upwards.

Now, some patience and then we’ll continue to the all-time highs.”

Image
Source: Michaël van de Poppe/X

Ethereum is trading at $2,980 at time of writing, up by nearly 20% over the past seven days but down by approximately 40% from the all-time high reached close to four years ago.

Lastly, Van de Poppe believes that the downtrend in the total market capitalization of altcoins versus Bitcoin is about to reverse. The widely followed analyst says altcoins are forming a bullish divergence against Bitcoin on the weekly time frame – an indication that altcoins are bottoming out against the flagship crypto asset.

A bullish divergence occurs when the price of an asset is forming lower lows while an oscillator like the relative strength index (RSI) is forming higher highs.

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Source: Michaël van de Poppe/X

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Bitcoin Bull Trend Remains Intact, According to Crypto Analytics Firm Glassnode – But There’s a Catch https://earlybirdsinvest.com/bitcoin-bull-trend-remains-intact-according-to-crypto-analytics-firm-glassnode-but-theres-a-catch/ https://earlybirdsinvest.com/bitcoin-bull-trend-remains-intact-according-to-crypto-analytics-firm-glassnode-but-theres-a-catch/#respond Sat, 28 Jun 2025 20:19:58 +0000 https://earlybirdsinvest.com/bitcoin-bull-trend-remains-intact-according-to-crypto-analytics-firm-glassnode-but-theres-a-catch/

The analytics platform Glassnode says that Bitcoin’s (BTC) uptrend remains solid as long as one crucial support area holds.

Glassnode says the data visualization tool Cost Basis Distribution (CBD) heatmap shows Bitcoin has strong support at the “structurally important” zone between the $93,000 – $100,000 range.

CBD is an on-chain metric used to show price areas where investors bought their coins and how much they’re holding. Price zones with dense supply clusters could act as support or resistance levels, as they indicate levels where investors tend to accumulate or offload their holdings.

Glassnode says the $93,000 to $100,000 price area is acting as support for BTC and is keeping the crypto king’s bull market structure intact. However, a move below the level could ignite a sell-off event.

“However, a breakdown below could trigger a deeper correction, especially if holders with a cost basis in this zone begin to capitulate and add to the sell pressure.”

Source: Glassnode

For now, Glassnode says that Bitcoin is currently showing “signs of diminishing profitability and sluggish on-chain activity,” signaling that the crypto king is in a consolidation phase as volatility falls and investor engagement weakens.

“Until we see a pickup in profitability and activity metrics, the likelihood of a breakout to new all-time highs remains limited. For now, the market appears to be digesting prior gains, awaiting fresh momentum and an influx of new demand.”

The analytics firm also says that Bitcoin’s push to a new all-time high in May was not accompanied by an increase in BTC spot volume and the volume levels were lower than what was recorded earlier in the current bull market.

Bitcoin is trading at $107,256 at time of writing.

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European Central Bank Trials XRP Ledger For Bonds—But There’s A Catch https://earlybirdsinvest.com/european-central-bank-trials-xrp-ledger-for-bonds-but-theres-a-catch/ https://earlybirdsinvest.com/european-central-bank-trials-xrp-ledger-for-bonds-but-theres-a-catch/#respond Wed, 25 Jun 2025 13:05:36 +0000 https://earlybirdsinvest.com/european-central-bank-trials-xrp-ledger-for-bonds-but-theres-a-catch/

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The European Central Bank (ECB) has quietly given the XRP Ledger a place in its wholesale-DLT sandbox—yet only behind the walls of a closed network. Annex II of the ECB’s June 2025 report describes 48 trials and experiments, but a single project run by Lithuanian fintech Axiology is the only one grounded in its technology.

XRP Ledger Powers ECB Trial

Axiology’s DLT Trading and Settlement System (TSS) is, in the ECB’s own words, a “private, permissioned infrastructure built using the open-source code of the XRP Ledger.” The central bank immediately qualifies that pedigree: “While Axiology benefits from XRP Ledger technology, it operates as an independent system, designed to streamline trading, settlement, and custody of tokenized assets.” In short, the code is XRPL-inspired, but the sandbox itself is hermetically sealed.

The trial rehearsed three events—primary issuance, coupon payments, and maturity redemption—while the Banque de France’s Trigger Solution handled central-bank money. In the issuance phase the ledger recorded that “Node sends asset amount from issuer’s operational wallet to created escrow wallet, which uses XRP Payment transaction,” after which “Operator transfers amount of asset from escrow wallet to final investor’s wallet, using XRP Payment transaction and thus finalizing DVP.”

Later, during redemption, the report shows the flow reversing: “Node sends amount of asset from end-investor wallet to created escrow wallet, which uses XRP Payment transaction,” and finally “Operator transfers amount of asset from escrow wallet to Issuer Agent Operational Wallet using XRP Payment transaction, thereby finalising DVP and initiating burning process.”

Those six sentences—the two structural descriptions plus four transaction steps—are the document’s entire reference set to “XRP.” Nowhere does the annex suggest that the token, open-network validators, or public liquidity pools were involved; every transfer ran strictly inside a permissioned ledger, and the cash side remained pure central-bank money.

Axiology says its goal was to test the “performance and reliability” of synchronizing delivery-versus-payment in central-bank euros with a tokenized bond ledger. For the ECB, the exercise is one of many in a comparative sweep that already includes Canton, Corda, and Ethereum variants. The findings will inform whatever wholesale CBDC architecture the Eurosystem may one day pursue.

The upshot is stark: the ECB did trial Ripple’s technology, but only in a sealed environment, detached from the public ecosystem. For proponents it is a technical validation; for skeptics it shows regulators are still wary of open networks. Either way, the catch remains: the technology was allowed inside the room, yet the door to public adoption stays seemingly firmly shut.

At press time, XRP traded at $2.18, up 13% since the Sunday low at $1.90.

XRP price
Key resistance looms ahead, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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