The Ripple-linked XRP token has experienced strong buy pressure, with more than $10 million worth of net buy pressure in less than 10 minutes. 

Earlier today, a $3 million XRP market buy order was recorded on Binance perpetual futures. Notably, the mammoth buy order was executed in just 100 milliseconds. 

The order, which has absorbed a significant amount of sell liquidity, managed to push the price of the token to an intraday high of $2.91. 

XRP is currently changing hands at $2.86 after giving up some gains, according to CoinGecko data. 

Bullish catalysts for XRP

Even though September is typically a bearish month for Bitcoin and other major cryptocurrencies, XRP could end up outperforming in October. 

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As reported by U.Today, the SEC is widely expected to greenlight XRP ETFs in the fourth quarter of this year. Franklin Templeton, Bitwise, and some other key issuers have joined the XRP race, but BlackRock and Fidelity have remained on the sidelines. 

If XRP ETFs prove naysayers wrong and end up outperforming expectations in terms of inflows, this could create a powerful narrative for the token and potentially set the stage for a rally toward a new record high. 

Ethereum breaks new ATH in Japan and Korea, reaching 639,455 yen and surpassing the previous record of 632,954 yen, dating from December 17, 2024.

A similar event took place in South Korea, where $ETH reached 5,971,000 won, beating the previous record of 5.9M won from December 2021.

The sudden surge is unlikely to be the effect of the changing exchange rate, which is known to influence the crypto market, because both the yen and the won appreciated against the US dollar.

Normally, this would suggest that crypto prices should go down, except the Japanese and the South Korean markets experienced the opposite. The only other explanation is an increase in local demand.

But what’s the driving force behind the surge in investor interest?

Growing Institutional Adoption Driving Ethereum Up

The likeliest explanation for $ETH’s record performance on the Asian markets is the growing institutional adoption at the global level, with companies like Bitmine leading the pack with an iron hand.

Bitmine has the largest Ethereum treasury, worth over $2.9B, with Chairman Thomas Lee stating that:

So, not only is Bitmine the largest $ETH player, but it plans to keep staking Ethereum for the foreseeable future, taking a page out of Strategy’s playbook, the largest Bitcoin holder in the world, with 628,946 $BTC, worth over 75$.

Trump’s recent executive order, which allows crypto into the 401(k) plans, also played a critical role in pushing $ETH up the food chain.

If and when that happens, keep your eye on the following three projects, which show the highest growth potential in 2025.

1. Snorter Token ($SNORT) – Multi-Chain Token Sniper That Rewards Opportunistic Traders

Snorter Token ($SNORT) is a Solana/Ethereum-based project that introduces the Snorter Bot, the opportunistic trader’s best friend.

The Snorter Bot tracks down and snipes hot tokens milliseconds after liquidity becomes available, making it more reactive and effective even than UIs like Pump Fun, Raydium, and Jupiter.

The Bot solves most problems associated with manual coin hunting, which include the risk of scams like honeypots and rug pulls, as well as the high entry-level tech knowledge requirement.

As a novice trader, you only need to learn how to customize the Bot to your liking, enabling its real-time alerts to protect against suspicious projects and setting up the specifics. The Bot will do the rest.

Snorter Bot is the ideal trading partner for beginners and professional traders, helping you target hot assets before they lose steam.

$SNORT powers the ecosystem with the help of a $2.9M presale and a price of $0.1009.

Given the project’s long-term potential, this may be the perfect time to invest. Our analysts predict a $1.02 $SNORT by the end of 2025, for a 910% growth.

2030 could see $SNORT pushing up to $1.50 or higher, depending on the mainstream appeal and implementation.

You can buy your $SNORT today by going to the presale page and following the steps.

2. Dogecoin ($DOGE) – The Friendly Shiba Dog Leading the Meme Market

Dogecoin ($DOGE) is the world’s most popular and beloved Shiba-dog-turned-meme, sitting at the forefront of the meme market.

While it started as a purebred meme coin, Dogecoin soon gained blockchain utility as peer-to-peer currency.

Today, you can spend $DOGE in online shops with third-party providers like Bitpay and Coinbase. The Dogecoin Foundation plans to expand on that and turn

$DOGE into people’s coin, pushing it into the mainstream even more, if that’s even possible.

$DOGE is backpedalling now, trading at $0.2291, witnessing a small contraction over the past 24 hours. However, this comes after a 12.75% push over the past week, which could paint this minor seatback as a buy signal.

Especially since analysts like Ali Martinez predict another bull run, similar to 2021’s ATH, when $DOGE experienced a 13,000% pump.

If you want to join the $DOGE run, go to your favorite exchange and refill your portfolio today.

3. Bitcoin Hyper ($HYPER) – Bitcoin’s Layer 2 Upgrade Promising Solana-Level Network Performance

Bitcoin Hyper ($HYPER) is Bitcoin’s official Layer 2 upgrade that promises a Solana level performance boost with the help of tools like the Canonical Bridge and Solana Virtual Machine (SVM.)

The Canonical Bridge connects the Bitcoin ecosystem to Hyper, minting wrapped Bitcoin into the Layer 2 in numbers equivalent to what the users deposit into the Bitcoin network. The Bitcoin Relay Program is the main transaction validator, ensuring fast throughput.

The Canonical Bridge decongests the Bitcoin network and enables near-instant finality, aside from supporting complex DeFi operations like DEXs and staking.

The Solana Virtual Machine (SVM) enables lightning-fast execution for DeFi apps and smart contracts for Solana-level throughput and scalability.

These tools aim to lift Bitcoin’s traffic cap, currently at 7 transactions per second (TPS), and bring it more in line with modern standards. By comparison, Solana works with 2,909 TPS.

$HYPER is in presale now and has already accumulated over $8.3M, making it one of the most successful presales of 2025. Based on the project’s long-term goals, our analysts predict a 2025 price point of $0.02595 by the end of 2025.

A five-year prediction could place $HYPER at $0.253 if Hyper sees successful implementation and growing adoption.

If you want to support Hyper or simply aim to diversify your portfolio, go to the presale page and buy your $HYPER today.

$ETH Bull Incoming?

$ETH is stable now, but the asset’s performance in the Asian markets can soon reach the Western shores. Especially in the pro-crypto context created by Trump’s 401(k) order and the GENIUS Act as the modern foundation of the new crypto financial system.

More importantly, Bitcoin is still bullish, and if it rallies to another ATH, we could expect the entire market to rally, with projects like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) seeing increased interest.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.

Canny kids are borrowing adult faces to get around the age checks now required to access popular websites in the U.K., but there’s an easier (if more expensive) method: just use a virtual private network to access the web from another country. A tried and tested method for use in other countries with heavy internet censorship, that football’s coming home. The Financial Times reports an explosion in use of VPNs there in the last week. [archive]

But to evade the new rules, a growing number of people in the UK are turning to tools more often used by citizens in authoritarian regimes to get around internet censorship. Apps offering virtual private networks — which route a smartphone or PC’s internet traffic to another country, bypassing local network providers — made up half of the top 10 most popular free apps on the UK’s App Store for iOS this weekend, according to Apple’s rankings. Proton VPN leapfrogged ChatGPT to become the top free app in the UK, according to Apple’s daily App Store charts, with similar services from developers Super Unlimited and Nord Security also rising over the weekend. Proton, the Swiss-based company behind the top VPN app, said it had experienced a more than 1,800 per cent increase in daily sign-ups from UK-based users after new age verification rules took effect on Friday. Nord said there had been a 1,000 per cent increase in UK purchases of VPN subscriptions since before the rules took effect.

An amazing quote from Proton: “We would normally associate these large spikes in sign-ups with major civil unrest.”

The so-called “Online Safety Act” does prohibit VPN companies from disclosing that their services can be used to circumvent censorship, but did not otherwise regulate their use. The omnishambles at hand–nothing successfully blocked and everyday Britons learning en masse how to browse more privately–has already got local media vaguely suggesting a VPN ban is now on the table.

A billionaire who made his fortune at Tiger Global just poured more than $300 million into a high-growth stock that’s skyrocketed over the last year.

Karthik Sarma, who now spearheads SRS Investment Management, sold all of the hedge fund’s massive investment in Nvidia (NVDA) between Q1 of 2024 and Q1 of 2025.

Now, new 13F filings show Sarma has piled about $334 million, purchasing 4.74 million shares, into Tapestry (TPR).

The luxury goods company, known for its premium handbag and accessories brands like Coach and Kate Spade, has seen its stock surge over 100% in the past 12 months.

Tapestry specializes in designing and retailing high-end fashion accessories, leveraging its iconic brands to capture the growing demand for luxury lifestyle products.

The company’s strong cash flows and strategic share-repurchase program may have also caught Sarma’s eye, with SRS Investment Management now allocating about 4.5% of the hedge fund’s portfolio to the new investment.

That makes Tapestry the fourth-largest allocation at SRS, following Pdd Holdings Inc. at 6.45%, Planet Fitness Inc. at 6.09%, and Meta Platforms Inc. at 5.75%, highlighting a strategic focus on e-commerce, fitness, AI and tech, alongside luxury retail.

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Alejandro Arrieche

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Alejandro Arrieche

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Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has…

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July 15, 2025

Pepe (PEPE) has surged 20.5% over the past 7 days, riding a strong wave of bullish momentum across the broader crypto market.

Trading volumes have remained above $1 billion for six straight days, with a total of $9.4 billion in PEPE traded during this period, signaling growing demand and supporting a bullish Pepe price prediction in the near term.

Adding fuel to the fire, the SEC recently acknowledged a filing from Canary Capital to list a Pudgy Penguins (PENGU) ETF, sparking speculation that PEPE could be the next meme coin to receive ETF treatment.

Open interest in PEPE futures has also exploded since April 2025, jumping from $200 million to $685 million — a clear sign that investor and trader interest in the token is accelerating fast.

Pepe Price Prediction: High Volumes During Accumulation Anticipate Big Move Ahead for PEPE

Popular crypto trader @JakeGagain recently shared a video outlining a bullish Pepe (PEPE) price prediction, highlighting its strong correlation with Ethereum (ETH). While ETH has yet to reach a new all-time high — unlike Bitcoin — Gagain believes it’s only a matter of time before Ethereum rallies, taking PEPE along for the ride.

Gagain also predicted that PEPE will become the top-performing meme coin of this cycle, even going so far as to say it could flip Shiba Inu (SHIB) to become the second most valuable meme coin globally.

On the technical side, PEPE broke above a key three-touch trend line resistance last Wednesday and surged the next day, tagging its 200-day EMA before entering a 5-day consolidation phase.

This price action looks like classic accumulation, potentially setting the stage for a breakout toward the next liquidity target at $0.00001600.

Adding fuel to the fire, the 9-day and 21-day EMAs have just completed a bullish crossover — a strong buy signal known as a golden cross that often precedes explosive upside moves.

Pepe’s high trading volumes, even with muted price movement, suggest that quiet accumulation is underway.

It may not hit $1 anytime soon, but signs point to a move higher in the near future.

As big players prepare for the next breakout, top crypto presales like SUBBD are gaining momentum, offering major upside to early investors.

SUBBD Nears $1M Raised to Launch Its Decentralized Content Distribution Platform

SUBBD (SUBBD) is building a fairer content-sharing platform for influencers, removing unfair bans and giving creators real control through its governance token.

Users can vote on platform updates, moderation policies, and the future roadmap, putting power back in the community’s hands.

The project also enables creators to monetize AI-generated content, offering a new stream of passive income with ultra-low platform fees.

Over 2,500 creators have already joined, bringing a combined audience of more than 250 million fans.

Many of whom will use SUBBD to unlock subscription discounts, early feature access, and the ability to request custom content directly from their favorite creators.

To buy this token at its discounted presale price to reap the highest returns, head to the SUBBD website and connect your wallet (e.g. Best Wallet).

You can either swap USDT or ETH for it or use a bank card to invest.

A former executive of the hedge fund founded by billionaire Ray Dalio is warning that the market for US debt will soon hit a rough spot.

In a new CNBC Television interview, ex-Bridgewater Associates chief investment strategist Rebecca Patterson addresses how the US dollar has lost about 10% of its value year-to-date, its worst performance in over 50 years.

“I think there are three main things driving the dollar [devaluation]. One is slightly lower frontend rates, interest rates over this period because currencies trade on rate differentials. 

But I think more importantly and what’s different this time is that you’re seeing both re-allocation out of the US both by Americans diversifying and foreigners pulling back slightly. And then third and really importantly is hedging. So let’s say I’m a large overseas pension fund, and I have a tech equity exposure, and I want to keep it because I believe in the structural story, but I’m nervous about the dollar, I’m nervous about the Fed’s independence, I can hedge out that currency risk. 

So even if money stays in US equities, which helps explain where we are today, you can still see that dollar weakness.”

Patterson, who is now the chair of the Council of Economic Education, warns that the dollar devaluation will continue as investors hedge and move their capital elsewhere. She also notes that the ongoing capital re-allocation will negatively impact demand for US debt.

“This isn’t going to be a one-off. This is going to be a slow bleed out of the dollar, and I believe slowly out of US Treasuries.”

Looking closer at US Treasuries, Patterson warns that she sees the bond market facing a demand shortage in the coming months.

“I think this is rather a slow bleed. Most of the foreign investors who have US Treasuries have them in very short tenure bonds, so three years and less. They just have to let them expire and not replace them, so let them roll off. 

Again, it’s not going to be a one-and-done event, I think, without a trigger. It’s just going to be: we don’t have the demand to meet the supply that’s going to be coming, I think early next year.” 

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Data shows the Bitcoin Coinbase Premium Gap has recently been going up, a sign that large US-based entities may be backing the price surge.

Bitcoin Coinbase Premium Gap Has Recently Been Green

As explained by an analyst in a CryptoQuant Quicktake post, the Coinbase Premium Gap has been following a gradual rise during the past few weeks. The “Coinbase Premium Gap” is an indicator that measures the difference between the Bitcoin price listed on Coinbase (USD pair) and that on Binance (USDT pair).

When the value of this metric is positive, it means the cryptocurrency is trading at a higher price on Coinbase than Binance. Such a trend implies the buying pressure is higher (or the selling pressure is lower) on the former as compared to the latter.

On the other hand, the indicator being negative suggests Coinbase may be facing a net higher selling pressure as the coin is going for a lower price on there than Binance.

Now, here is a chart that shows the trend in the Bitcoin Coinbase Premium Gap over the last few months:

The value of the metric appears to have been heading up in recent days | Source: CryptoQuant

As displayed in the above graph, the Bitcoin Coinbase Premium Gap was negative earlier, indicating that users on the platform were potentially applying more selling pressure than Binance traders. Alongside these red values, the asset’s price witnessed a decline.

Then, in mid-April, the indicator registered a reversal into the positive zone and interestingly, what accompanied this buying pressure on Coinbase was a rally in the cryptocurrency.

As such, it seems the price of the asset has recently been showing some correlation with the Coinbase Premium Gap. This isn’t a particularly new trend, as the pattern was in fact witnessed a lot throughout the last year.

Coinbase is the preferred platform of the US-based investors, particularly the large entities like institutional traders. Binance, on the other hand, hosts a global traffic. Thus, the metric can be looked at as a representation of how the behavior of the American whales differs from the rest of the sector.

Recently, the Coinbase Premium Gap has been trending up inside the positive zone, which may be a sign that the US-based large holders have been participating in accumulation.

The increase has only furthered as the price has recovered to levels near the all-time high (ATH). Considering the relevance that the American institutional investors have held for Bitcoin in the past year, this backing from them can naturally be a bullish sign for the rally’s sustainability.

That said, while there has been an extended period of buying on Coinbase lately, the premium can still be to monitor in the near future, as things can sometimes take a quick turn in the cryptocurrency sector.

BTC Price

Bitcoin has seen some pullback since its high above $110,500 as its price has returned to $108,900.

The trend in the BTC price during the past five days | Source: BTCUSDT on TradingView

Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

A widely followed crypto strategist thinks that a correction in one safe-haven asset will likely trigger risk-on behavior that could benefit altcoins.

Analyst Michaël van de Poppe tells his 791,800 followers on the social media platform X that he’s keeping a close watch on gold’s price action, noting that the precious metal’s chart is the “most important chart to watch” this week.

According to the trader, gold appears to have printed a bearish lower high setup on the six-hour chart, suggesting that the precious metal could fall to as low as $3,200 in the near term.

“As long as Gold stays sub-$3,365, we’re likely going to see a sharp fall in the coming one to two weeks of anything between 4-10%, resulting into a sudden macroeconomic shift.” 

Van de Poppe believes that falling gold prices will be beneficial for altcoins, as it suggests an increased appetite for risk among investors.

“At the end of [last] week, a sudden [gold] correction took place, which might result in the confirmation of a short-term downtrend.

This is vital, as that would attract more investors towards Altcoins.

Why?

It would enable more investors to be jumping into risk-on assets, when gold implies that it continues to fall.

This means –> money/liquidity flows from risk-off assets towards risk-on assets, and the best asset class remains to be crypto.” 

But the trader warns that altcoins will likely see lower levels if gold shatters $3,365.

“If it does break above that crucial level, the theory is invalidated, and we’re likely open for printing new highs, which then means that we’re printing new lows on altcoins.

For me, this is crucial, as a correction in Gold and rally in the CNH (offshore Chinese renminbi) implies that we’re going to be seeing more interest flowing into crypto after that.”

At time of writing, gold is trading for $3,324, up more than 60% in the last 18 months.

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Former Goldman Sachs executive Raoul Pal says one Solana (SOL) competitor is his “favored child.”

Pal tells his 1.1 million followers on the social media platform X that if he had to “have a favorite,” the layer-1 chain Sui (SUI) would look preferable to Solana.

The Real Vision chief executive shares a chart comparing the SUI/USD price to the SOL/USD price, with SUI/USD looking like it’s on the cusp of breaking out of resistance.

SUI is trading at $2.97 at time of writing. The 13th-ranked crypto asset by market cap is up more than 21% in the past day and nearly 41% in the past week.

SOL is trading at $149.47 at time of writing. The sixth-ranked crypto asset by market cap is up more than 3.5% in the past 24 hours and more than 13% in the past week.

Pal isn’t the only analyst bullish on the Solana rival: Last week, crypto trader Michaël van de Poppe told his 783,900 followers on the social media platform X that Sui is gaining adoption as a decentralized finance (DeFi) network, including for Bitcoin (BTC) staking and lending, referred to as Bitcoin DeFi (BTCfi).

“Once the markets are turning back into an uptrend, the money will flow back into the ones that have shown strength. SUI is one of them. It’s a great spot to investigate SUI:

• BTCFi is quickly growing fast as 10% of TVL (Total Value Locked) going through SUI.
• DeFi on SUI is in the top six of all chains.
• Nearly $6 billion in trading volume on DeFi in the past month.

I think it can do really well in the upcoming cycle.”

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