Despite the slight drop in the price of Bitcoin at the start of the day of around 0.43% and its stability at $ 113,906, accompanied by a daily negotiation volume of approximately $ 58.5 billion, significant investments continued, because Galaxy Digital presented from its losses of $ 295 million for the first Trimes Bitcoin so as its total possession of 13,704 currency BTC increases at 17,102 currencies of around 1.95 billion dollars.
After all its branches made many gains, the CEO of the company – Mike Novogratz – described the best of July the best at all; While negotiation activities slowed down, the company’s global market branch increased by 28%, because the company has strengthened its investments in the infrastructure by expanding its data center called Helios, but the most important is the acquisition of a currency of 4272 additional bitcoin during the second quarter, which contributes to the reduction in the display of money, Support factor for its long -term price.
Cango succeeds in operating 650 bitcoin in July, an increase of 44% compared to the previous month
Chinese company Canco has succeeded –AA previous worker in the field of car loans – going to an integrated mining company and fast growing for Bitcoin; In July, the company managed to operate 650.5 BTC currencies, against only 450 currencies in June, thanks to its investment of $ 256 million in advanced Bitmain mining devices and the computer has reached a retail rate of 32 Xhash per second (EH / S), to be one of the 20 largest companies listed on the stock market in terms of bits currently maintains 4.52. BTC currencies worth $ 512 million.
It should be noted that its transformation of an active company in the automotive sector into digital currencies is not a fundamental change in its identity, but rather a larger global direction; Since April, Cango has managed to operate more than 1,600 bitcoin, in an indication of the momentum.
This step represents a strengthening of institutional confidence and helps to absorb long -term supply, which is a valid step, in particular a company based in China known for its strict procedures in the CRIPTO sector.
Trump’s presidential order on digital currencies improves political support for the sector
Donald Trump is expected to be an executive thing that protects Cripoto companies and conservative groups against “playback”, in a movement aimed at approaching the choker 2.0 operation, with allegations that use them to block the banking services of Cripto companies.
The presidential order stipulates that federal agencies are required to investigate any possible violation, in addition to examining the organizational executives who have been able to contribute to discrimination against these parties. Despite the legal controversy that has really implemented this decision, its political message is clear: more official support for digital assets. And if it is proven by its feasibility, it can improve the ways of Kripto companies with financing services and provide liquidity to increase investors’ confidence, and Bitcoin currency could push the future to continue the future increase.
Technical analysis: Bitcoin continues to be less than $ 115,000
On the four -hour graphics table, the price of Bitcoin remained stuck without the steering line down and the movement index so average of 50 (EMA 50) at $ 115,440, which are both a mobile resistance barrier. Price failure recently came with the penetration of $ 115,400 barrier accompanied by the formation of commercial candles with small bodies and long higher sisters, in reference to the frequency of investors and the absence of the increase in the momentum, while reading the RSI index (RSI) is around 46 years to continue the tendency to continue to decrease.
If the bulls (speculators on the height) could not restore $ 115,440, the Bitcoin currency will remain vulnerable to slide towards its main levels of support:
- The closest levels of support: $ 112,178
- The following level of support: $ 110,663
- Subsequent support: $ 109,060
On the other hand, the penetration of $ 115,440 can make it possible to target $ 116,912 and $ 118,878.
A trading strategy proposed to speculate on the decline:
- Entrance level: $ 113,800
- Limit arrest losses: $ 115,600
- The first objective: $ 112,180
- The second goal: $ 110,660
Speculative agreement should decrease.
The result of the hyper-hender bitcoin is greater than $ 7.2 million, the price increase
Bitcoin Hype – Basic currency of the first second second class solution on Bitcoin Blockchain is based on the SVM virtual machine – by collecting funding worth $ 7.2 million at $ 7280,980 from the current scene of $ 7,502,850, the currency is currently sold at $ 0.01255, and it is planned to go up soon by the following abuse.
The new Bitcoin Hyper network is designed to combine Bitcoin Blockchain and Solana Blocchain, which provides intelligent contracts and the possibility of developing fast -cost decentralized applications (DAPP) at low cost, as well as the launch of the currencies of the new M. All this thanks to a gentle Bitcoin connection tool, and the currency of the project – designed to provide the extension, reliability and simplicity – succeeded in making coins successfully.
The success of Bitcoin Hyper in the combination of the attractiveness of MG currencies and practical uses made its main strongest competitors of second layer solutions for the year 2025, and offering them a rewarded mortgage mechanism, taking advantage of its excitement, and expecting full height of its network advanced by the first quarter of next year, has embarrassed the horizons launch.
The expectations of Bitcoin-Btc Bitcoin-BTC prices: between a bet of $ 1.95 billion and a presidential prescription from Trump and a descending banner less than $ 115,000 appeared first on Arab Cryptonews.
