The recent Bitcoin price rally to a new ATH fueled a crypto market rally, pulling digital assets out of the Trump tariff-influenced slump. The same cryptos are facing another turmoil today, losing a significant portion of their recovery amid investors’ sentiments due to the influence of various technical and macroeconomic factors. Is the bull market over? Let’s discuss. Bitcoin Price Crash Trimmers Affect Crypto Market After a 4% crash in Bitcoin price, hours earlier, it currently trades at $108.7k. Its decline from the recent ATH rally has impacted investors’ sentiments, fueling the crypto market crash today. This drop resulted in the wiping out of more than $600M in leveraged positions, per Coinglass, and the top altcoins like XRP, SOL, DOGE, and others declined at least 1-2%. Some even faced extreme volatilities and higher bearish pressures. Notably, this happened amid Trump’s 50% Tariff announcement on the EU, starting June 1, 2025…. Read More at Coingape.com
Chainlink is playing an advanced role in Hong Kong’s push for cross-border payment functionality for its central bank digital currency (CBDC) experiments. Leaning on Chainlink’s infrastructure, participants in the pilot will attempt to move tokenized funds between Australia and Hong Kong. Chainlink Powers Cross-Border Fund Transfers Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has been tapped to
XRP could be one of the biggest hidden opportunities in the crypto market, according to Jake Claver, Managing Director of Digital Ascension Group. In an interview with Paul Barron Network, he said that the supply and demand dynamics for digital assets like XRP work very differently compared to traditional stocks, leading to major price surges once market conditions align.
Supply and Demand Works Differently in Crypto
Claver explained that in the stock market, liquidity is much higher and assets can be freely traded at all times. In crypto, especially for assets like XRP, the number of tokens actively available for trading is much smaller than the total supply. This means that large price movements can happen even without huge amounts of capital flowing in.
He referred to the “market cap multiplier” concept, shared by analyst Zach Rector, which shows that for certain digital assets, every $1 invested could potentially add $50 to the market cap due to the way liquidity works. If only two billion XRP are actively circulating, demand shocks can have a rapid and amplified impact on the price. “ You can absolutely see a $50 or $60 XRP,” Claver said.
The Nvidia Example
The host compared XRP’s potential to Nvidia’s stock performance. In October 2018, Nvidia was known mainly as a gaming company. From that point, its stock rose by more than 11,000% as it evolved into a leader in artificial intelligence technology.
XRP could experience a similar transformation. Today, XRP is a regulated digital asset that has survived the SEC lawsuit and retained a top-10 market cap position for years. Just as Nvidia shifted from gaming to AI leadership, XRP could become the “AI company” equivalent of the digital asset world, unlocking massive growth.
Why XRP Is a “Hidden Gem”
Despite being in the spotlight during its legal battle, XRP has remained one of the largest cryptocurrencies by market cap.
Claver warns that things could get “crazy” once institutional adoption picks up and utility-driven demand for XRP grows. With limited liquid supply and a proven ability to hold a top position in the market, XRP might be one major catalyst away from a dramatic price rally.
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XRP could be one of the biggest hidden opportunities in the crypto market, according to Jake Claver, Managing Director of Digital Ascension Group. In an interview with Paul Barron Network, he said that the supply and demand dynamics for digital assets like XRP work very differently compared to traditional stocks, leading to major price surges …
The coming week is critical for the crypto market as the Trump administration publishes its assessment of the US crypto industry. The White House’s crypto report on July 30 is building anticipation among investors.
In line with this, BeInCrypto has analysed three altcoins that the whales have been buying over the past 24 hours.
Tutorial (TUT)
TUT has seen a significant surge, with the price rising by 17.68% over the last 24 hours. The increase is primarily due to the steady accumulation of TUT by investors. This rise indicates growing interest in the altcoin, signaling a potential bullish trend in the near term.
Over the last 24 hours, TUT whales have purchased 30 million TUT, valued at over $2.4 million. This accumulation suggests strong investor belief in TUT’s future potential, especially ahead of a potentially positive report this week.
Such behavior reinforces the bullish outlook for the altcoin, indicating increased confidence among large holders.
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Currently trading at $0.072, TUT is edging closer to its next price target of $0.080. If TUT successfully surpasses this level, it could trigger increased optimism among investors. A break above $0.080 would likely propel the price higher, attracting more buyers and strengthening the bullish momentum.
Pudgy Penguins (PENGU)
PENGU has become one of the most sought-after altcoins, as whales accumulated 400 million PENGU, valued at over $16.8 million in the last 24 hours.
This large-scale buying activity signals strong investor interest and suggests that the altcoin is poised for further upward movement in the short term.
The whale accumulation led to a 17% rise in PENGU’s price over the past day. Currently trading at $0.043, PENGU is nearing its all-time high (ATH) of $0.0469. With the current momentum, the altcoin is expected to likely breach its ATH, pushing prices even higher.
However, if the broader market shifts to a bearish trend, PENGU could face significant resistance. A decline below the $0.040 support level could signal further weakness, potentially pushing the altcoin down to $0.0299.
This would invalidate the bullish outlook, suggesting caution for potential investors.
Pendle (PENDLE)
PENDLE has experienced a 5% gain over the last 24 hours, signaling potential for further upward movement. Despite increased whale accumulation, a major price surge has yet to occur.
If buying pressure continues, the cryptocurrency could see a sustained rally in the near future.
In the past 24 hours, PENDLE whales have purchased over 30,000 tokens, valued at approximately $133,200. This accumulation reflects a strategic move by larger investors, indicating potential bullish sentiment.
Should the demand from these whales increase, PENDLE may see its price continue to rise in the coming days.
However, if whales decide to sell their holdings, PENDLE could face downward pressure. A drop below the $4.21 support could lead the token to fall from its current price of $4.43 to $3.90.
