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  • Omni Network price jumps 90% as Upbit lists OMNI token

    Omni Network price jumps 90% as Upbit lists OMNI token

    Omni Network Listing On Upbit

    • Omni Network (OMNI) price recorded a near triple-digit gain to break from intraday lows of $2.5 to highs of $7.13.
    • The token traded around $5.37 at the time of writing, 90% up in the past 24 hours.
    • Gains came amid OMNI listing on South Korea’s largest crypto exchange Upbit.

    Omni Network (OMNI) trended as the top gaining token among the 500 largest coins by market cap on Tuesday, recording a double-digit gain to break from intraday lows of $2.5 to highs of $7.13.

    While the price has retreated from the intraday peak to currently sit around $5.37, it still sports an impressive 90% gain in the past 24 hours.

    The daily volume was up 455% to over $584 million, with the dramatic price gain aligning with a speculative rally largely attributed to the token’s latest milestone.

    Why is OMNI price exploding?

    OMNI hovered flat and under $3.2 since dropping from highs of $5.50 on July 11, 2025. Before then, Omni Network price had struggled with bearish pressure below $1.7.

    So why did OMNI explode today?

    Many small cap tokens have seen a notable flip amid overall gains for mega cap tokens such as Ethereum, XRP and Solana.

    However, some small caps are seeing huge moves, and for Omni, the primary catalyst appears to be the official listing of OMNI on Upbit, the largest crypto exchange in South Korea.

    As detailed in an announcement on X, Upbit, known for its substantial user base and high trading volumes, has added support for OMNI.

    The exchange’s listing news has often triggered meteoric rises in both price and activity for newly listed assets, and it looks to be no different for Omni Network.

    Upbit is listing the OMNI/KRW trading pair with the market commencing at 18:30 local time on July 29, 2025.

    OMNI’s price experienced a volatile swing following the news, with the token reaching a high of approximately $7.13.

    The near triple-digit gain saw OMNI extend gains over the past month to over 250%. Bulls were also up 285% since the all-time lows of $1.37 reached on July 6, 2025.

    The overall upward trajectory could see buyers target more gains.

    Omni Network price prediction

    Looking at the Omni Network price charts, technical indicators are largely bullish.

    However, the Relative Strength Index (RSI) currently hovers around 80 and is in the overbought territory.

    This signals potential correction in the near term amid profit taking. Bulls may nonetheless attempt to put bears off around key support at $3.45.

    OMNI price chart by TradingView

    This outlook will be helped by the Moving Average Convergence Divergence (MACD), which continues to signal bullish momentum with the MACD line above the signal line.

    If bulls hold above $4.50, which serves as a critical support level, they could target a breakout to $10.5 and probably December 2024 highs of $15. Downside pressure could see OMNI’s price slip to $3.45 and $2.

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  • Zircuit price rises sharply as Binance adds ZRC perps

    Zircuit price rises sharply as Binance adds ZRC perps

    Binance Adds Zircuit Perpetual Contracts

    • Zircuit price jumped 11% as Binance Futures announced support for ZRC perpetual contracts. 
    • The ZRC token traded to highs of $0.038 as daily volume picked up.
    • Zircuit is also listed on Binance Alpha and recently launched a key product likely to catalyze more gains.

    Zircuit (ZRC) saw its price rise sharply on Tuesday morning as Binance Futures announced support for ZRC perpetual contracts.

    The token traded at $0.038, up 11% in the past 24 hours as the price bounced off lows of $0.034.

    Binance’s latest announcement, coupled with Zircuit’s inclusion on Binance Alpha, could catalyze more gains for the native token of this AI-powered blockchain platform.

    Zircuit price rises sharply as Binance adds futures trading

    Binance has added trading support for Zircuit (ZRC) perpetual futures on its platform, according to an announcement on July 29, 2025.

    While listing on Binance Futures does not guarantee spot listing, the move is crucial for Zircuit as it allows traders increased exposure to ZRC through leveraged trading.

    Binance will offer support for up to 50x leverage for ZRC perps on its platform.

    The listing on Binance Futures, a leading platform for cryptocurrency derivatives, amplifies ZRC’s visibility and accessibility.

    In terms of market traction, this is poised to attract more investor participation, both retail and institutional.

    According to Binance’s official announcement, the listing enhances ZRC’s liquidity and provides traders with advanced tools to capitalize on market movements, further fueling its upward trajectory.

    In addition to the Futures listing, Zircuit is also on Binance Alpha, a platform designed to showcase high-potential projects.

    Reaction to the announcement saw ZRC’s price, which hovered around $0.034 after paring gains from highs of $0.042, quickly recoup some of the losses.

    The token rose to $0.038 and looked poised to reclaim the $0.040 mark as daily volume rose.

    ZRC price forecast

    On the technical front, indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) support upside continuation.

    The latter shows a bullish crossover while RSI is at 57. However, the histogram is weakening and the RSI is slightly downsloping.

    Despite this outlook, ZRC’s price has gained amid key bullish catalysts, including the launch of Zircuit AI Vault.

    The product offers users the chance to deposit tokens and earn passive, secure yield on stablecoins and top coins such as Ethereum (ETH) and Bitcoin (BTC).

    Its AI trading engine provides for real‑time signal detection and cross‑chain execution on Ethereum Virtual Machine-compatible chains and Solana.

    Amid these developments, ZRC price could ride the overall market sentiment to eye 2025 highs of $0.05 and then $0.13 peak seen in November 2024.

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  • FARTCOIN price dips 20% as top whale takes profit

    FARTCOIN price dips 20% as top whale takes profit

    FARTCOIN price dips 20% as top whale takes profit

    • A large-scale holder has just offloaded 3 million FARTCOIN.
    • The meme token’s price has dropped 20% on the 24-hour chart.
    • Meme cryptos have plunged after the latest criticisms from Solana’s co-founder.

    Digital tokens recorded mixed performances in the past 24 hours, with most coins plunging.

    The meme token space witnessed multiple activities.

    While Gemini announced DOGE and SHIB as collaterals, a dramatic move shocked the Fartcoin community.

    According to Lookonchain, address 24BLFj has dumped a massive 3 million FARTCOIN tokens, pocketing $3.65 million.

    The investor sold at $1.22 as Fartcoin plunged from the intraday high of $1.4017.

    The meme cryptocurrency fell to $1.1253, a 19.71% decline from the daily peak.

    While Solana co-founder’s latest criticism of meme assets contributes to FARTCOIN’s weakness, the whale sell-off adds to the selling pressure.

    Anatoly Yakovenko said NFTs and meme cryptocurrencies lack intrinsic value.

    Meanwhile, this whale has invested in Fartcoin since late February, accumulating 8.89 million coins at discounted prices.

    Notably, the whale spent $0.26 on average to purchase the assets between 26 February and 21 March.

    The strategic investment, worth only $2.31 million, has grown to a massive profit of $8.07 million, a 349% ROI.

    While the large-scale offload has impacted the markets, it also shows that the investor played a long game with FARTCOIN.

    Most importantly, the sale could indicate dwindling confidence in FARTCOIN’s short-term performance.

    Is the meme token set for further declines?

    Fartcoin has plummeted continuously from $1.6843 on 23 July.

    Nevertheless, the whale has not dumped all his stash.

    They still hold FARTCOIN worth approximately $2.15 million (1.89 million coins).

    Thus, the offload signals a potential strategy change, not a complete exit. The investor could be bracing for more returns in a rebound.

    Most importantly, the sale reflects a calculated move.

    While panic sellers dump all their assets at once, the smart whale takes partial profits while waiting for any future rally.

    FARTCOIN price outlook

    The meme coin trades at $1.18 with a bearish structure.

    The 50% increase in daily trading volume signals intensified trader activity in FARTCOIN.

    That signals players seeking opportunities in the prevailing volatility or exiting their positions.

    The prevailing broad market sentiments support continued struggle for Fartcoin.

    Meme coin market overview

    The meme cryptocurrency space endured a bloodbath on Tuesday, with Dogecoin, Shiba Inu, and PEPE losing up to 10% on their daily charts.

    The seven-day timeframe also confirms bearish dominance.

    Only PENGU (+8.5%) and SPX (+18%) exhibit 7D days among the top meme coins by value.

    CoinGecko data shows the meme coins’ market cap plunged 4.6% the previous day to $79.55 billion.

    The substantial daily trading volume dip indicates dwindling interest in themed digital coins.

    The latest critique by Solana co-founder Anatoly Yakovenko magnified bearish sentiments in the meme crypto space.

    While meme activity has fueled Solana’s growth, Yakovenko blasted the asset class.

    He boldly said that “memecoins and NFTs are digital slop and have no intrinsic value.”

    Nevertheless, meme cryptocurrencies have proven crucial for the digital assets economy, often used as a proxy for broad market sentiments.
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  • Why did Conflux price spike 38% today?

    Why did Conflux price spike 38% today?

    Conflux Price Surge

    • Conflux price rose 38% amid multiple key integrations.
    • Bulls could push CFX price to $0.50 and target $1 in the short term.
    • Most cryptocurrencies are trading at key support levels, with Conflux set to ride on overall bullish sentiment.

    Conflux (CFX) price rose 38% in 24 hours to hit highs of $0.27 and lead top gainers in early trading on July 29.

    The gains came amid several strategic integrations and partnerships for Conflux, with daily volume also rising as CFX jumped to prices last seen in mid-April.

    A technical outlook suggests a retest of the $0.50 level is possible as Conflux continues to attract attention as a decentralised finance and artificial intelligence ecosystem.

    Conflux price: CFX gains amid major network integrations

    Conflux Network’s native token has benefited from fresh upside momentum as the ecosystem sees a series of high-profile collaborations.

    Both in DeFi and AI, these integrations are set to enhance the utility and market appeal of CFX.

    Among the pivotal developments is the partnership with OrcaMind.AI, which brings AI-driven payment solutions to the Conflux Network.

    Set to amplify upside momentum is the announcement that Conflux Network has joined forces with Fufuture, a decentralised perpetuals platform, a move set to integrate advanced trading capabilities and expand CFX adoption.

    These efforts add to recent momentum fueled by Conflux’s partnership with AnchorX and Eastcompeace Technology to unveil an offshore yuan-pegged stablecoin.

    “We have joined forces with AnchorX and Eastcompeace Technology for offshore RMB stablecoin (AxCNH) projects, cross-border settlement, and RWA initiatives across Belt and Road countries,” Conflux posted on X.

    Also crucial is Conflux’s mainnet upgrade, with transactions boost adding to scalability as the network looks to expand its footprint across real-world assets tokenisation and cross-border payments.

    Support in China is a major factor for CFX.

    CFX price outlook

    Bullish sentiment has indeed catalysed a 34% uptick this past week and over 250% in the past month.

    However, Conflux price remains well off the all-time high of $1.70 reached in 2021.

    Conflux price chart by CoinMarketCap

    What’s next for CFX is therefore a key sentiment factor for analysts and investors, who might look at the 24-hour spike of 38% and 250% in 30 days as a pointer to where prices might go next.

    The integrations and partnerships could drive more gains, albeit with market volatility and the overall crypto outlook a significant consideration.

    But should the network continue to leverage AI integration and cross-chain capabilities, a bounce in altcoins will solidify CFX’s upward potential.

    A breakout to $0.50 in the short term will allow bulls to target $1 and higher. Meanwhile, a downward flip may bring $0.20 and 0.15 into play as support levels.
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  • Bitcoin consolidates below $120K; Analysts say Ethereum flows will guide next market move

    Bitcoin consolidates below $120K; Analysts say Ethereum flows will guide next market move

    Bitcoin consolidates below $120K; Analysts say Ethereum flows will guide next market move

    • The crypto rally has stalled, with Bitcoin struggling to challenge the $120K level as institutional investors take profit.
    • Institutional ETF inflows into Bitcoin have plunged by 80% this week to just $496 million, a sign of cooling demand.
    • Market focus is now shifting to Ether (ETH), with its capital flows seen as the key to the market’s next move.

    The powerful cryptocurrency rally is showing signs of fatigue, with Bitcoin struggling to challenge the $120,000 mark and key indicators pointing to a significant pullback from institutional investors.

    As the market enters a tense consolidation phase, observers say the focus is now shifting to Ether (ETH) and whether it has the strength to bring fresh capital back into the fold and reignite the bullish momentum.

    After briefly touching new all-time highs last week, the crypto market has entered a period of consolidation, and the underlying data is revealing some cracks in the bullish facade.

    Glassnode data highlights a dramatic cooling of institutional interest, with inflows into spot Bitcoin ETFs plunging by a staggering 80% this week to just $496 million.

    This was accompanied by a sharp decline in ETF trading volume, which fell to $18.7 billion.

    Bitcoin’s spot market sentiment is also showing signs of weakening.

    The Relative Strength Index (RSI)—a popular technical indicator used to measure whether an asset is overbought or oversold—has been retreating sharply, underscoring a move away from previously overbought levels.

    Taken together, these signals point to a clear, albeit perhaps temporary, institutional withdrawal from the market, raising questions about the potential for further downside.

    A tense derivatives market: hedging and profit-taking on the rise

    Trading firm QCP Capital has noted similar tensions in the derivatives market.

    While funding rates for perpetual futures remain elevated at above 15%, suggesting that some traders are still maintaining aggressive long positions, recent flows indicate that large, sophisticated players are actively taking profits and hedging against potential downside.

    QCP, in its recent note, pointed out that a major ETH call fly (a complex options strategy) was recently unwound, while sizeable BTC put options were bought for protection.

    This is not the kind of market activity that typically supports a fresh leg up in a rally.

    Despite these cautionary signals, QCP remains broadly constructive on the market’s outlook.

    “Momentum, narrative strength, and macro tailwinds are still on our side,” the firm wrote in a recent update. “Hodlers and institutions will likely buy the dip, as we saw on Friday.”

    The Ethereum litmus test: consolidation, capitulation, or the next leg up?

    Market maker Enflux, however, isn’t sounding the alarm just yet. The firm views the current market conditions as a period of healthy consolidation, not a sign of impending capitulation.

    They note that spot and perpetual futures markets are essentially treading water, not bleeding out.

    The key to what comes next, according to Enflux, lies with Ethereum.

    “How institutional ETH flows evolve, and whether capital re-engages with alts, would likely guide the next leg of market structure,” the firm said in a note to CoinDesk.

    Ethereum now finds itself at the center of these diverging perspectives.

    If institutional investors, who have been stepping back from Bitcoin, decide to rotate their capital back into the crypto market through ETH, it could reignite the altcoin cycle and lift the entire market.

    If not, this period of consolidation could harden into something more prolonged and painful.

    For now, the rally has paused. Glassnode sees fragility in the current market structure. Enflux sees neutrality. QCP sees a hedged optimism.

    But all seem to agree that the next major breakout—or breakdown—will likely be sparked by how capital flows into and out of Ethereum materialize in the coming days and weeks.

    Broader market snapshot

    • BTC: Bitcoin is trading at $118,000, consolidating between channel support at $114,000 and resistance near its all-time high of $123,000.

    • A recent liquidity sweep below $116,000 and renewed supply from a reactivated whale wallet have stalled its bullish momentum, according to CoinDesk’s market insights bot.

    • ETH: Ethereum is trading at $3,783, holding a bullish inverse head-and-shoulders pattern that technically targets the $4,300 level.

    • However, neutral funding rates near multi-year resistance suggest trader caution, even as institutional accumulation continues.

    • Gold: Gold fell to a near three-week low, with spot prices down 0.7% to $3,313.57.

    • A recent US-EU trade deal has boosted risk sentiment and temporarily reduced the demand for safe-haven assets ahead of a busy week for corporate earnings and a key US Federal Reserve meeting.

    • Nikkei 225: Asian markets opened lower, with Japan’s Nikkei 225 down 0.61% as traders adopted a wait-and-see mode to determine if more regional trade deals can be struck.

    • S&P 500: The S&P 500 ended Monday’s session nearly flat, as the positive news of a US-EU trade deal failed to ignite a significant new rally in U.S. equities.
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  • BNB sets altcoin market abuzz amid major Wall Street treasury bets

    BNB sets altcoin market abuzz amid major Wall Street treasury bets

    BNB hits a new all-time high

    • BNB price rallied to new all-time highs amid major institutional interest.
    • After Nano Labs earlier in the day, CEA Industries Inc. (Nasdaq: VAPE) and 10X Capital are eyeing up to $1.25 billion to buy BNB.
    • Initiative could see BNB price explode in coming days.

    BNB price soared to a new all-time high of $859 on Monday as an unprecedented institutional interest and strategic corporate investment bet in the digital asset emerged.

    With Nano Labs doubling down on BNB earlier in the week, it was another Wall Street firm that added to the frenzy of publicly traded companies eyeing BNB.

    That initiative is the plan to raise up to $1.25 billion for BNB by CEA Industries Inc. and 10X Capital – backed by Binance founder Changpeng Zhao’s YZi Labs.

    BNB price hovered around $847 at the time of writing.

    CEA Industries and 10X Capital’s takes bold BNB bet

    On Friday, CEA Industries Inc. (Nasdaq: VAPE) and 10X Capital, backed by YZi Labs, announced a $500 million private placement.

    The companies are looking to establish the largest publicly-listed BNB treasury company in the U.S.

    The deal, which could reach $1.25 billion with exercised warrants, aims to acquire substantial BNB holdings, and will offer institutional and retail investors exposure to the BNB Chain ecosystem.

    Led by David Namdar, co-founder of Galaxy Digital, and Russell Read, former chief investment officer of CalPERS, the initiative comes as BNB stands out.

    The coin’s surge to a new all-time high puts these plans into sharper focus, bringing more attention to the cryptocurrency.

    “Treasury companies have proven to be the cleanest, most transparent gateway for institutions to access digital assets. With BNB powering hundreds of millions of users globally, this marks the right time for a well-capitalized BNB treasury company to enter the U.S. market,” said Hans Thomas, founder and CEO of 10X Capital.

    The PIPE has attracted over 140 subscribers, with both institutional and crypto-natives joining in.

    Apart from YZi Labs, others are Pantera Capital, GSR, Borderless, Arrington Capital, Blockchain.com, Kenetic, and Protocol Ventures.

    BNB, SOL, and XRP gains amid treasury strategies

    BNB’s price surge aligns with broader market enthusiasm for digital asset treasuries.

    Trading at $847 with a 4.6% daily gain and $3.9 billion in trading volume, BNB is eyeing a potential breakout to $1,000 or higher.

    Much of the upside comes amid a surge in BNB treasury commitments- efforts also seen across Solana, XRP and Ethereum.

    For BNB, such efforts include Nano Labs and Windtree Therapeutics, which recently revealed a $700 million commitment towards a BNB treasury strategy.

    Elsewhere, VivoPower International has launched an XRP-focused treasury, while Upexi and DeFi Development Corp have its eyes on SOL as a treasury asset.
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  • PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments

    PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments

    PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments

    • Businesses can now accept over 100 cryptocurrencies with near-instant conversions.
    • Pay with Crypto reduces transaction costs by up to 90%.
    • US merchants are now connected to a $4T market and over 650M crypto users

    Indeed, the latest stablecoin regulation in the United States was a game-changer.

    Besides bolstering bullish momentum, the GENIUS Act has seen many firms stepping deeper into the future of fintech.

    To support the increasing cryptocurrency adoption, PayPal has rolled out Pay with Crypto.

    The new product will allow US-based merchants to accept payments in over 100 different coins, including stablecoins, Bitcoin, Ethereum, and Solana.

    The best part. Businesses can automatically convert the received tokens to stablecoin or fiat with a 0.99% transaction fee.

    The new feature reduces the costs traditionally linked to cross-border transactions.

    Most businesses that operate internationally suffer from high fees, complex banking requirements, and delays.

    PayPal aims to solve this through a smoother payment process.

    It also unlocks global growth with a borderless customer base.

    PayPal CEO and President Alex Chriss says:

    Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations. Today, we’re removing these barriers and helping every business of every size achieve its goals.

    Solving the international payment crisis

    Businesses globally lose billions yearly through international payment models.

    Delayed settlements, unpredictable exchange rates, and credit card fees have dented global trade.

    That is where Pay with Crypto comes in.

    PayPal introduces instant crypto-to-stablecoin or fiat conversion in an already colossal financial infrastructure.
    Furthermore, merchants will not have to worry about the technical side of digital asset transactions.

    PayPal promises to handle everything, including minimizing volatility, to ensure simplicity without compromising speed and security.
    Also, merchants can use PayPal’s Pay with Crypto to increase their profit margins.

    For instance, they will enjoy up to 90% lower processing fees compared to credit cards.

    Also, businesses that hold their funds as PYUSD (PayPal’s stablecoin) will earn rewards.

    Chriss added:

    Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City. Using PayPal’s open platform, the business can accept crypto, pay lower fees, and grow their business – all in one simple step.

    What’s next?

    All merchants in the US will access PayPal’s Pay with Crypto feature in the coming weeks, allowing them to receive payments in over 100 supported digital tokens.

    Businesses can link with trusted wallets like Coinbase, Exodus, OKX, and MetaMask to enjoy instant conversion from crypto to stablecoins like USDT or fiat.

    United States citizens will soon use digital currencies like ETH, BTC, and SOL to pay for goods and services.

    Meanwhile, PayPal is establishing itself as a pioneer amid growing crypto adoption.

    Recently, it integrated with Arbitrum to support PYUSD growth.

    Moreover, OKX tapped PayPal to simplify cryptocurrency purchases across Europe.

    These developments come as digital currencies gain ground in the financial landscape.

    The global crypto market cap hovers at $3.93 trillion after correcting from recent highs above $4 trillion.
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  • SUI price: bulls eye all-time high amid spike above $4

    SUI price: bulls eye all-time high amid spike above $4

    Sui Price

    • Sui’s price is above $4.20 after surging more than 56% over the past month. 
    • The token’s rally has pushed the total value locked to all-time highs amid a surge in open interest.
    • Bulls could target the SUI all-time high of $5.35 reached in January 2025.

    Sui (SUI) has broken above $4.20 amid a notable 56% surge over the past month.

    This rally brings SUI tantalizingly close to its all-time high of $5.35, recorded in January 2025.

    It also means an impressive rally from April lows of $1.90, putting the token alongside top performers PancakeSwap, BNB and Optimism.

    Sui price jumps above $4 as TVL, open interest surge

    While Sui isn’t the standout performer in the past day or week, the token has gained over 56% in the past month.

    This has allowed it to break above $4.20 and see bulls come within reach of all-time highs witnessed in January 2025.

    Sui is also significantly up since lows of $1.9 in April 2025, with the cryptocurrency showing remarkable recovery since plummeting amid the Cetus protocol hack.

    Bulls’ dominance as top altcoins rally means Sui has experienced a notable spike in its total value locked (TVL).

    According to DeFiLlama, the project’s TVL has surpassed $3 billion, including staking, borrowings and vesting tokens.

    Key protocols like Suilend, NAVI and Bluefin have witnessed a spike in their respective TVLs to boost Sui’s.

    As well as DeFi activity, Sui is recording notable upside in the futures market.

    Per data by Coinglass, open interest in SUI has surged 10% to $2.7 billion, with strong speculative interest showing in the $7.4 billion in derivatives volume.

    Long positions dominate, suggesting overall bullish sentiment. As TVL rises and open interest grows, Sui’s market outlook becomes increasingly bullish.

    If market conditions support an upward flip, it could be a new ATH for Sui within the short term.

    Token unlocks are nonetheless a factor to watch.

    SUI price prediction

    Looking at the technical picture, SUI’s price trajectory appears upbeat.

    Technical indicators, such as the Relative Strength Index (RSI), support the bullish outlook.

    RSI currently sits at 65, having retreated from overbought territory, which means there’s room for further gains without SUI flipping immediately overheating.

    SUI chart by TradingView

    Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover.

    The MACD line is above the signal line to suggest bulls have an upper hand.

    Despite an upcoming cliff unlock, analysts predict SUI price could soon retest its all-time high of $5.35.

    Price discovery could push the token’s value even higher. However, the token unlock and short-term profit taking may derail bulls.

    SUI currently trades around $4.21, about 6% up in the past week.
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  • Optimism price spikes as OP lands on South Korea’s largest crypto exchange

    Optimism price spikes as OP lands on South Korea’s largest crypto exchange

    • Optimism price increased by more than 13% to highs of $0.84 amid gains for PancakeSwap, Ethena and SPX6900.
    • Upbit, South Korea’s leading crypto exchange, announced the listing of the Ethereum layer 2 scaling solution’s native token OP.
    • The price of OP could explode 100% as bulls eye $2.

    Optimism (OP) price is up double-digits, mirroring moves by PancakeSwap, Ethena and SPX6900 as top altcoins by 24-hour gains.

    Gains for the native token of the Ethereum layer 2 scaling solution come amid a major boost from Upbit, South Korea’s dominant crypto exchange.

    With new trading pairs set to launch for OP, price could follow.

    South Korea’s Upbit adds support for Optimism

    Upbit, a titan in South Korea’s crypto landscape, is rolling out new trading pairs for Optimism (OP).

    The exchange said this in an official announcement posted earlier today.

    In it, Upbit confirms that trading support will kick off at 16:30 KST, bringing massive trading volume and liquidity to OP.

    With South Korea being a big crypto market, this news has buoyed OP’s daily volume and price.

    As noted, Optimism has managed an impressive 13% spike from its recent trough of $0.71 to a peak of $0.84.

    The surge is accompanied by a staggering 420% spike in trading volume, which surged past $700 million.

    It’s a reaction that reinforces Upbit’s reputation as one of crypto’s biggest exchanges by daily volume.

    The listing may bolster bulls and bring new highs into the picture.

    OP has also traded higher in recent weeks after $956 billion asset manager Hamilton Lane expanded its flagship fund, Senior Credit Opportunities Securitize Fund (SCOPE), to Optimism and the Ethereum mainnet.

    Optimism price forecast: Another 100% gain for OP?

    As the crypto market holds onto bullish sentiment and analysts say altcoin season is yet to unfold, one of the coins to watch is Optimism.

    The OP token teeters on the verge of a breakout, with Upbit’s listing a potentially huge catalyst.

    Notably, the exchange’s vast user base and low 0.05% KRW trading fees could propel OP into the spotlight, potentially attracting both retail and institutional players.

    A look at technical indicators shows bulls have an upper hand.

    Optimism price chart by TradingView

    The daily chart has a rising Relative Strength Index (RSI), which signals robust buying pressure.

    OP’s price outlook is also positive as indicated by the Moving Average Convergence Divergence (MACD), currently sporting a bullish crossover.

    While Optimism price hovers near $0.82 at the time of writing, upside momentum amid fresh retail demand could help push it past $1.

    The token last traded at highs of $1.2 in April. If buyers reclaim this level, a break to $2 and YTD peak of $2.1 is likely.

    However, if sellers emerge amid the Upbit listing-driven hype, primary support levels are around $0.74 and $0.68.
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  • Market update: Bitcoin rises after US-EU announce framework trade agreement

    Market update: Bitcoin rises after US-EU announce framework trade agreement

    Market update: Bitcoin rises after US-EU announce framework trade agreement

    • Bitcoin (BTC) traded above $119,430 Monday, up 1.24%, after a US-EU trade deal was announced.
    • The US-EU deal sets a 15% tariff, avoiding a threatened 30% rate, and includes a $600B EU investment pledge.
    • Bitcoin’s realized market capitalization crossed the $1 trillion threshold for the first time, per Glassnode.

    Bitcoin (BTC) pushed higher in early Asian trading on Monday, trading above $119,430, as bullish momentum continued to build following a series of significant institutional milestones and a breakthrough trade agreement between the United of States and the European Union over the weekend.

    A transatlantic truce: US and EU strike a deal

    In a major development for global markets, US President Donald Trump and European Commission President Ursula von der Leyen announced a framework trade agreement at a summit in Turnberry, Scotland.

    The deal sets a 15% US import tariff on EU goods, a significant de-escalation that averts a previously threatened 30% rate.

    The agreement also includes a commitment for $600 billion in EU investment into US energy and defense sectors over the next three years, a move aimed at reducing Europe’s reliance on Russian fuel.

    However, existing tariffs on steel and aluminum will remain at 50% for the time being.

    This easing of transatlantic trade tensions has provided a positive backdrop for risk assets, including cryptocurrencies.

    Bitcoin is up 1.24% in early Asian hours, and the CoinDesk 20 (CD20) Index, a broad measure of the largest digital assets, has risen 2.37% to 4,099.18, extending its recent recovery.

    Bitcoin’s institutional bedrock deepens

    The positive macro news comes as Bitcoin continues to consolidate its recent gains, holding steady above the $118,000 mark after hitting a new record high of $122,700 last week.

    This powerful rally has triggered some predictable selling from long-term holders, while simultaneously drawing in new buyers and fresh capital, creating a dynamic market environment.

    A key indicator of the market’s growing maturity and value was highlighted by on-chain analytics firm Glassnode, which reported that Bitcoin’s realized market capitalization had crossed the $1 trillion threshold for the first time.

    This metric, which measures the total value of all Bitcoin based on the price at which each coin last moved on-chain, is seen as a more fundamentally grounded valuation than the simple market cap.

    Further evidence of the massive scale of institutional activity came to light on Friday, when Galaxy Digital announced it had executed a staggering $9 billion BTC transaction on behalf of a Satoshi-era investor.

    The sale, which involved 80,000 BTC, was reportedly part of an estate planning strategy and represents one of the largest single Bitcoin transfers in history.

    The fact that the market was able to absorb this massive sale without a significant price downturn is seen by many as a testament to how much of the Bitcoin supply is illiquid, held tightly by long-term “HODLers.”

    A market on the verge of a supply-shock rally, it seems, can readily absorb an extra $9 billion being placed up for sale.

    As Bitcoin’s price has climbed, its dominance, which measures its market share relative to the total crypto market, has edged down slightly to 60.98%. This suggests a modest rotation of capital into altcoins as traders’ risk appetite grows.

    The bullish sentiment is also being reflected in prediction markets. Polymarket bettors now give Bitcoin a 24% chance of hitting $125,000 before the end of July, an increase from 18% earlier in the week, as traders weigh the impact of these positive macro tailwinds and the growing on-chain conviction.

    Broader Market Snapshot

    • ETH: Ether is trading at $3,867.76, up 3%, amidst strong on-chain fundamentals.

    • A significant 28% of the total ETH supply is now staked, balances on exchanges are at eight-year lows (indicating a preference for holding over selling), and new buyer inflows are on the rise.

    • Gold: In a classic “risk-on” move, gold is down for a fourth straight day, trading around $3,335 in early Asia.

    • Despite its impressive 28% year-to-date gain, recent progress on US–EU and US–China trade deals is reducing the immediate demand for safe-haven assets ahead of this week’s US Federal Open Market Committee (FOMC) meeting.

    • Nikkei 225: Asia-Pacific markets traded mixed on Monday, with investors also awaiting further details of ongoing US–China trade talks.
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