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Traders on a decentralized platform are putting real money on Bitcoin’s path this month. According to a new Polymarket poll, 36% of bettors believe Bitcoin will top $125,000 by July 31.

Only 11% think it will clear $130,000, while just 3% and 1% back it reaching $140,000 and $150,000 respectively. As of Tuesday morning, Bitcoin hovered around $118,327, just shy of its all‑time high of $123,000 reached last week.

Polymarket Predictions Stir The Pot

Based on reports from Polymarket, the biggest chunk of wagers focuses on the $125,000 mark. That target sits about 6% above current levels, a gap many find doable given recent price swings.

Much smaller percentages are seeking more. Only 11% are putting their money on the $130,000 target. And beyond that—above $140,000—bets decline sharply, with just 3% and 1% supporting those higher amounts.

Source: Polymarket

The survey highlights cautious optimism: many believe there’s room for improvement, but few are forecasting a dramatic leap above the previous peak.

Price action supports their caution. Bitcoin’s recent climb followed a steady rise since mid‑2023, and it has spent much of July testing resistance near the $120,000 zone.

A push past $125,000 would be a fresh milestone. But if sellers step in, a pullback toward $110,000 is not out of the question.

ETHUSD trading at $3,649 on the 24-hour chart: TradingView

Doubling Down On Bitcoin

On July 21, Trump Media & Technology Group Corp. revealed it now holds more than $2 billion in Bitcoin assets. That haul makes up the bulk of its roughly $3 billion in cash and equivalents.

CEO Devin Nunes said the move secures “financial freedom” for the company and ties into a planned utility token for the Truth Social network.

Big buys like this often send ripples through the market, attracting media attention and nudging prices higher. They can also inspire other firms and funds to consider similar crypto stakes.

I just signed the landmark legislation passed today by House Republicans to strengthen American crypto innovation.

The CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act deliver on President Trump’s vision to make crypto a core pillar of the U.S. economy and ensure… pic.twitter.com/rnJgq3KaV2

— Speaker Mike Johnson (@SpeakerJohnson) July 17, 2025

US Stablecoin Rules Take Center Stage

A week ago, US President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law.

The bill sets clear rules for dollar‑pegged coins. It requires full backing by cash or Treasuries, regular reserve reports and know‑your‑customer checks.

Trump called the move “massive validation” for crypto users and businesses. House leaders also moved ahead on two other bills: the CLARITY Act and the Anti‑CBDC Act.

Their progress shows growing interest on Capitol Hill in shaping stablecoin policy. Clarity on rules could boost confidence in the broader crypto market, lifting sentiment for Bitcoin and beyond.

Featured image from Meta, chart from TradingView

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Harvey Hunter

Junior Content Creator

Harvey Hunter

About Author

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

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May 26, 2025

Ananda warned that those still sidelining SOL may miss out, highlighting a bullish reversal structure with parabolic potential shaping the mid-term Solana price outlook.

Their analysis notes macroeconomic shifts as a potential catalyst for altcoins, with the US Federal Reserve expected to initiate interest rate cuts in the coming months.

For now, however, the broader altcoin market remains stagnant as US-EU tariff tensions rise and investors flock to safe-haven assets like Bitcoin and gold amid a weakening dollar.

Analyst Anticipates Parabolic Move Beyond $420

Mastor Ananda highlighted a “textbook” rounded bottom pattern breakout—spurred by an 80% climb since the mid-April market bottom—has set Solana on the path to new all-time highs.

With a break above its baseline resistance at $160, the level has now flipped to support as a psychological stronghold for the market.

As long as the $160 level holds, Ananda believes the current trend is likely to extend to higher Fibonacci resistance levels, culminating in the 1.618 extension at around $420—a 120% gain.

Even if the Solana price dips below $160, Ananda suggests it would likely be a temporary shakeout or bear trap, emphasizing that $420 may not even mark the final target.

Solana Price Analysis: How Much Further Could Solana Go?

The rounded bottom breakout could ignite a move through a broader cup-and-handle pattern dating back to late 2021, currently trading within the descending channel forming the handle.

While momentum from the immediate breakout has cooled into consolidation between $160 and $190, Ananda maintains that Solana’s bullish trend remains intact.

Technical indicators support this view. The RSI holds steady above the neutral 50 mark at 53, signaling that buying pressure continues to outweigh selling on higher timeframes.

More so, the MACD line continues to build its lead on the signal line following a golden cross. This formation typically coincides with longer-term uptrends on the weekly chart.

The last of which corresponded to the post-election and inauguration rallies—an explosive period which took the Solana price to new highs.

If the rounded bottom pattern completes at $300, the next leg toward $420 could act as a mid-point to the full 160% breakout implied by the broader cup-and-handle formation.

This Fleeting Opportunity Could Ride The Next Solana Rally

New ICO Solaxy ($SOLX) could be the biggest beneficiary of a Solana price breakout as its first-ever Layer-2 scaling solution, filling a critical gap in the ecosystem.

Solana has long lacked this capability, limiting its DeFi and cross-chain use case—until now.

By processing transactions off-chain and finalizing them on Solana, Solaxy significantly reduces congestion and lowers transaction costs, while offering seamless interoperability across both blockchains.

With over $40 million in its ongoing presale, investors are already rallying behind the project. When demand for Solana increases, it could be the one to reap the fresh ecosystem liquidity.

There are just 20 days before this phase ends, unlocking the untapped demand of exchanges.

You can keep up with Solaxy on X and Telegram, or join the presale on the Solaxy website.

The world is Netflix‘s (NFLX -0.14%) oyster. That is what it has felt like over the past few years as the company has sucked all the oxygen out of the video streaming market.

Its global presence and huge catalog of content give it a competitive advantage over streaming rivals, which is why viewers flock to the service. Revenue continues to march higher, while profits are soaring.

Management does not think the growth party is over just yet. According to reporting from The Wall Street Journal, Netflix is aiming to reach a market cap of $1 trillion by 2030, which would be around double its current level at $500 billion. Here’s the math behind the analysis and whether the company can hit these targets by the end of the decade.

Global expansion and pricing power

Video streaming processed through the cloud has turned the media sector into a truly worldwide game. Netflix has taken advantage of this global pie, investing to produce video specifically in markets such as Europe, Latin America, South Korea, and India.

This global expansion is why it eclipsed 300 million total subscribers at the end of 2024, making it the largest pure-play premium video streamer in the world. With a global population of 8 billion and rising use of the internet every year, there is plenty of room to expand its total subscribers in the years to come.

Another factor for Netflix’s success is pricing power. In the U.S., its premium subscription tier has gone from $11.99 a month in 2013 to $24.99 currently. This more than doubling in monthly subscription fees has helped revenue grow by close to 600% in the last 10 years.

More importantly, it has helped the company gain some operating leverage over its cost base, with operating income inflecting higher to $11.3 billion in the last few years. Free cash flow is now positive at $7.5 billion over the last 12 months, giving the company the flexibility to keep pushing for more growth globally.

Image source: Getty Images.

Sports and advertisements

By 2030, Netflix wants its advertising tier to generate around $9 billion in global ad sales, up from an estimated $2 billion currently. This advertising tier was launched in 2023 and is a huge driver of new sign-ups for Netflix.

As it rolls out globally, it will hopefully see even more customers sign up. Advertising has historically been a huge revenue driver for the media industry that Netflix decided to lay off of for a long while. Now, it is turning on this new revenue stream and hopes to see huge growth in the years to come.

An easy way to connect with advertisers is by adding sports content. Sports leagues are one of the biggest draws for large advertisers because they bring in millions of live viewers for games, something that is not happening with traditional TV shows or movies anymore.

Netflix is starting to invest in sports such as licensing World Wrestling Entertainment, which has weekly live events. Investors should track Netflix’s investments into sports streaming rights in the years to come. They may have a large impact on the advertising revenue for the business.

NFLX Operating Margin (TTM) data by YCharts; TTM = trailing 12 months.

The math to a $1 trillion market cap

According to the reporting, Netflix aims to double its revenue to $80 billion in 2030 and triple its operating income to around $30 billion. Advertising revenue of $9 billion will be a large part of that equation.

How will the company do it? It hopes to grow its total subscribers to 410 million compared to 300 million at the end of 2024. However, that would only lead to about 30% growth in revenue assuming no changes to subscription pricing.

What this means is that Netflix will need to continue increasing the price of its subscription service while simultaneously growing advertising sales if it hopes to double revenue in the next five years. This is a tall task, but one it is poised to achieve.

Operating income tripling to $30 billion feels doable as well. Expanding operating margins is not something a company can do indefinitely, but Netflix has consistently pushed up its operating margin in the last 10 years, hitting 28% in the last 12 months. I think the company can keep expanding its profit margins as it scales up to greater heights in the years to come.

That $30 billion in operating income likely equates to $25 billion in net income when factoring in corporate tax rates. Should Netflix be valued at a trillion-dollar market cap if it generates $25 billion in net income? Maybe. That is a price-to-earnings ratio (P/E) of 40, which is well above the average for stocks, even durable growers like Netflix.

It is possible, but not a guarantee, that the market cap will double to $1 trillion in the next five years. We have no idea what the stock’s future P/E will be.

It still remains a good hold for investors who have bought the stock in the past. However, I don’t think Netflix is a strong buy today.

Investor Tom Lee says that US equities are still in the middle of a bull cycle after completing a normal price correction.

In a new video update for investors on Fundstrat’s YouTube channel, the firm’s chief investment officer says he’s confident that the S&P 500 has already printed its low, but he just isn’t sure if a quick V-shaped recovery like 2020 will play out or if a 2011-style consolidation will unfold.

Lee says investors’ interpretation of several risks, such as tariffs and inflation expectations, will likely decide the stock market’s next move.

“I think that we’re still in a bull market. I’m just not clear if it’s a V-shaped recovery like 2020 or it’s a range market like 2011.

Intuitively, I’m going to say that it makes sense that we’ve made a bottom, but we’re maybe range bound for a bit. And that’s because people are worried that there are other shoes to drop. The tariff war with China could turn into a cold war. Investors are going to worry about the ripple effects of this shock, leading to a global recession. These are extreme views, by the way.

[Or] that some people are going to worry about a financial crisis from all this deleveraging, and that inflation expectations could surge to an extent that we get ‘greedflation.’ That’s where companies are basically raising prices, and it’s going to force the Fed to hike. And of course, if estimates fall more than 20%, stocks have downside because the stock market already had a 20% drawdown.”

Lee shares a chart showing that only 6% of stocks in the S&P 500 are above their 50-day moving average, and just 19% are above their 200-day moving average. The investor says that historically, the setup has had high win rates for bulls.

“This is the percentage of stocks above the 50-day moving average at the top, and above the 200-day moving average on the bottom. Below 20% is a big deal, because over the last 16 years, the S&P was higher six months and 12 months later. In fact, if you look at three months later, outside of 2022, the stock market was higher three months later every single time, so I think we did make a structural low.”

As of Friday’s close, the S&P 500 is trading at 5,282 points.

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Lawyer James “MetaLawMan” Murphy of Ludlow Street Advisors, LLC has provided a detailed theory on why the SEC’s dismissal of the Ripple case has been inexplicably delayed. According to Murphy, rather than the delay being solely due to the SEC’s internal processes, it could be that Ripple is engaged in strenuous negotiations aimed at revising key components of Judge Torres’ ruling.

Ripple, Not SEC, Might Be Stalling Case Resolution

Murphy explained that while Judge Torres’ decision was undoubtedly beneficial for XRP holders—particularly regarding aspects that positively impact market sentiment—the decision also contained elements that could jeopardize the company’s future strategic moves. “The Torres decision was unquestionably GREAT for XRP holders, BUT the finding of securities law violations and the injunction with attendant ‘bad boy’ provisions are not so great for Ripple,” Murphy stated via X.

He further speculated that if Ripple is considering a future exempt securities offering or an IPO, the current judgment would represent a significant operational and reputational hurdle. He continued, “I believe the SEC would have accepted a settlement—where both sides dismiss their appeals and the SEC takes the $125 million penalty—in a heartbeat. So, it makes sense that Ripple could be negotiating for a better deal than that.” Although he acknowledges the speculative nature of his theory, Murphy’s comments offer a glimpse into the complex legal maneuvers potentially at play.

Complementing Murphy’s perspective, pro-XRP lawyer Jeremy Hogan delved into the intricate legal process of dissolving the injunction imposed by Judge Torres. Hogan pointed out that the court’s order effectively bars Ripple from making direct sales to customers—a restriction that Ripple would undoubtedly prefer to eliminate.

“Ripple would rather not have the injunction at all,” Hogan remarked. He drew an analogy between the legal process and personal restraining orders, emphasizing that “once a court issues an injunction, the parties themselves can’t simply agree between them to disregard the injunction.” He further illustrated the point with a vivid comparison: many individuals have faced legal consequences for assuming that a restraining order could be casually ignored when personal relationships improved.

Hogan’s analysis extended into the procedural challenges that both Ripple and the SEC must navigate in order to modify the existing court order. He elaborated on the role of Federal Rule 60, which governs “relief from a judgment,” noting that any motion to vacate the injunction must convincingly demonstrate a significant change in circumstances.

“The court based its decision on the Howey test, not on the SEC’s rule changes, and the SEC cannot ‘Trump’ US Supreme Court law,” Hogan explained. This point underscores the rigidity of legal precedent in securities law, which complicates any attempt by Ripple to negotiate a rollback of the injunction solely on the basis of evolving regulatory standards.

Ripple would first need to convince the SEC to sign off on a carefully drafted motion that seeks to dissolve the injunction. Following this, both parties would have to stipulate to dismiss their appeals, and then the trial court would need to rule favorably on the motion. Hogan suggested that “this is why I think the case doesn’t resolve until April-May whereas all these other cases have already been dismissed.” He also left open the possibility that if the motion is crafted and executed with exceptional care, the appeals might be dismissed even earlier—potentially in April, before Ripple’s brief due date.

At press time, XRP traded at $

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

UPDATE 10:37 p.m.: I actually wriote this review in two parts, and reading it back, I can see now it reads a bit disjointedly for that reason, so I am including a separator between the two parts to make it clearer. Also, I had misnamed the Encounter Dinosaurs experience, an error which I have now corrected. Thanks!

I have also added a link to a blogpost by metaverse blogger Matthew Ball, with his opinions after using the Apple Vision Pro for six months.

Since I received my prescription lenses for my Apple Vision Pro on July 29th, I am nearing the end of my third week using the device almost every day, usually for an hour or two each day. The prescription lenses are magnetically attached to the AVP, so I can very easily remove them if and when I decide to start giving demonstrations of the Apple Vision Pro to other people!

I’m still getting used to the device myself, and I want to make sure that I am comfortable enough with it before I start giving demos to other people. Also, I will be reviewing documentation that other AVP users have already written up (like this example), so I can make sure that I give demos in such a way that I (and the person who receives a demo!) don’t accidentally damage my very expensive device!

For example, you have to remember to tell new users not to pick up the device by the facial shield, because it (like my prescription lenses) is only magnetically attached to the actual, glass-and-metal Apple Vision Pro itself, and it will detach when you pick it up by that! You have to remember to pick it up by holding onto the edges of the actual, curved-glass-and-metal device itself. I’m probably going to have to write up detailed, step-by-step instructions, so that any staff who work in the University of Manitoba’s future virtual reality lab will be able to help university faculty, staff, and students have their first AVP experience!

Oh, yeah, I forgot to mention: I am so blown away by what I experienced these past three weeks (more details below), that I am 100% certain that, in addition to the Vive Pro 2 and Meta Quest 3, I will be asking the Libraries to purchase an Apple Vision Pro to make available to faculty, staff, and students at my university, to use for teaching, learning, and research purposes. In three short weeks, I have become an Apple Vision Pro evangelist! Come hell or high water, we are getting one. It’s just that good. I will repeat what I said in an earlier blogpost, written during my first week of using my Apple Vision Pro:

The Apple Vision Pro makes every single VR headset I have used to date feel like one of those red plastic View-Masters I used to play with as a kid in the 1960s. The “screen door” effect so evident in earlier VR headsets (where you can see individual pixels, making everything slightly blurry) is COMPLETELY, UTTERLY gone.

In fact, the Apple Vision Pro is such a leap forward in terms of technology, that it is going to be hard to go back to the once-formerly-state-of-the-art displays of the Meta Quest 3, and especially the Vive Pro 2, afterwards!

Anyway, let’s get back to the reason I wanted to write this blogpost: I wanted to talk about some of the apps and experiences I have had in my new Apple Vision Pro over the past three weeks, as well as give some more first impressions of the device itself.

Apple has lavished its usual slavish attention to style and construction on the Apple Vision Pro headset. It is beautiful to look at as well as to use! The front is one piece of custom curved glass, attached to a sleek, rounded metal frame, and it is the smallest VR headset that I have ever tried on (not as small as the Bigscreen Beyond, which I wrote about previously here, but then again, I have never tried that device).

Having worn other, bulkier, VR headsets, I found that the Apple Vision Pro sits higher on my cheeks, which feels strange at first, but you quickly get used to it. The AVP has many internal sensors and cameras, and it is smart enough to warn you when you are wearing the device too high or too low on your face, so you can adjust it accordingly for the best experience. Also, when you give somebody else a demonstration using the built-in guest mode, it automatically calculates the correct interpupillary distance (IPD; i.e. the distance between the pupils of your left and right eyes) so that you have an optimal view. (When giving demos on the Vive Pro 2 and Meta Quest 3 VR headsets, I now have a special app on my work iPad Pro 11 to measure someone’s IPD so I can dial in the correct value before they put on the headset.)

When you place your order for an AVP from the Apple website (or, if you were to purchase one in your local Apple Store), you will have to use a FaceID-enabled iPhone or iPad to do a scan of your face to determine the correct size of facial shield. The facial shield is highly customized to your face and your needs. For example, because I need prescription lenses, the facial shield has to be somewhat deeper to accommodate them (if I were to wear soft contact lenses instead to correct my vision, then I would need to purchase a separate, less deep facial shield, and my field of view would be a little bit wider than it would be with the prescription lenses).

Which brings me to something that I wish was better: the field of view. While I have found that the up-and-down field of view to be pretty good, I was less impressed with the side-to-side field of view. In particular, when recording spatial videos, it is disappointing when playing them back to see just how constrained they are. While they do offer you a wider-screen, “immersive” playback option for spatial videos, that, too, has its limitations, as the video tends to blur at the edges, instead of the crisp edges you would see when watching the video in a regular (small) window. But I have no doubt that this aspect of the technology will improve over time.

There are actually two different kinds of 3D videos that you can play in the Apple Vision Pro: spatial videos and immersive videos. The videos you can record and share using the Apple Vision Pro or a later-model iPhone (iPhone 15 Pro and iPhone 15 Pro Max models with iOS 17.2 or later) are called spatial videos; that is, you can clearly see the 3D effect, but it is not immersive. Immersive videos are recorded using more expensive equipoment, and the results are truly spectacular—you watch the video, and you feel like you are actually present!

In fact, one of the apps I signed up for is a monthly subscription service called Explore POV (Point of View), where I can download and play high-quality immersive videos, recorded in 180-degree 3D 16K resolution. The creators visit various locations around the world, and record either one long video scene, or an edited series of scenes in one video. For example, one Explore POV video is simply the videographer walking along a beach in New Zealand, watching the surf pound onto the sand under a blue sky. When you watch it, it actually is so realistic that it feels as if you are actually there—and when you lift your hand and look at it, it is superimposed on the video! Here is the Explore POV website if you want to learn more, and here’s a recent video by the creator himself:

Separate from spatial and immersive videos are the Apple Vision Pro’s built-in 360-degree Environments, which you can turn on and adjust using a knob on the upper-right of the AVP. Turn the knob all the way clockwise, and it completely replaces your space with a selected virtual-reality Environment. Turn it all the way counter-clockwise, you are in full augmented-reality mode, where your icons and app windows hover in and over your physical environment. You can also adjust the knob to somewhere in the middle, where your central view has an Environment, which fades away at the edges to your real world. It’s one of those things which is hard to describe but easy to experience, but Apple Vision Pro Environments in themselves are so well-done and so realistic, that I consider them, alone, to be a “killer app” for the Apple Vision Pro! Quite often, I will simply close all my apps and just sit and meditate (or listen to tunes from my Apple Music library) while sitting peacefully in front of Mount Hood, or halfway up Haleakalā volcano in Hawaii, watching the sun set behind the clouds.

Given this ability to surround you in various realistic environments, it is perhaps not surprising that one of the many use cases for the Apple Vision Pro is as a device to assist in calming, centering, and meditation. There are already numerous spatial meditation apps in the Apple Vision Pro Store, but the one that I have found myself using the most is called Tripp. Tripp’s main menu has five sections (Focus, Calm, Breathe, Ascend, and Sleep) where you can select from many different kinds of guided meditations, or mix and match pieces to create a customized meditation. The Ascend section features a truly psychedelic mini-documentary on the life journey of Ram Dass, the American psychologist and popularizer of Eastern spirituality and yoga, which everybody should try out, at least once!

And, of course, there is already a lot of video content to enjoy in the Apple TV+ app and the Disney+ app, including a small but growing selection of 3D videos. There is a short but extremely well-done app called Encounter Dinosaurs which really should be something anyone who tries on an Apple Vision Pro should experience! It’s definitely a showcase for the cutting-edge capabilities of the technology, where you feel you can almost reach out and touch a real, living dinosaur! Always a good demo.

And, speaking of demos, I finally gave my first demonstration of the Apple Vision Pro to another person, my brother. And this is where I have to say, things did not go so well.

I had difficulties in getting mirroring to work (that is, being able to cast what the other person was seeing in the AVP to another device, such as a MacOS desktop, iPad, or iPhone). Once I got that working, then I was able to set it up so that I could help talk my brother through how to use the Apple Vision Pro—only to forget that I had to turn mirroring off before he could watch any content on Apple TV+ and Disney+ apps! (At least he got to try out Encounter Dinosaurs.)

All in all, trying to give a demo to another user via the AVP’s Guest Mode was highly frustrating. Perhaps I have been too quick to judge the usefulness of the Apple Vision Pro for a multi-user environment like the virtual reality lab that I am currently working on setting up for my university library system. We’ll see what happens as I give other people their first taste of the device.

P.S. I forgot to mention that I have also made five or six forays into InSpaze, the Apple Vision Pro’s premier social app, and had some wonderful conversations with people from around the world! I will save that report for a later blogpost on my blog. In the meantime, you can read what I wrote earlier about InSpaze here (before I got my hot little hands on my own Apple Vision Prto!).

UPDATE 10:30 p.m.: I just discovered that Matthew Ball (whom I have written about before on this blog) has written up a blogpost titled 9 Takeaways from the Vision Pro after 6 months, so I have linked to it from my blog. I very much appreciate Matthew’s take on things, and I wanted to share what he said with you as well, as a sort of counterpoint to my own, obviously more limited, thoughts and impressions. (By the way, I agree 100% with Matthew’s take on the EyeSight feature of the AVP. While it’s cool, I also feel it’s a bit gimmicky.)

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