Bitcoin’s Wild Ride: $1.25 Billion Liquidation Frenzy! 🚀💰

This surge is like a party everyone wants to crash, but it’s also raising some eyebrows. Is this trend sustainable, or are we just setting ourselves up for a massive hangover? 🤔

This surge is like a party everyone wants to crash, but it’s also raising some eyebrows. Is this trend sustainable, or are we just setting ourselves up for a massive hangover? 🤔

Ah, within a recent missive on X, the sage Ali Martinez extols the virtues of Solana breaking through a line of resistance—a feat akin to a bird escaping a gilded cage! This resistance line, part of a Symmetrical Triangle, is a tale spun from the threads of technical analysis (TA). What a delightful and bewildering tapestry!
— Lookonchain (@lookonchain) July 11, 2025
Now, you might think this is a big deal, and it is, but it’s not as if the market is going to crumble like a stale bagel. Last week’s expiry was a walk in the park compared to this, but the spot markets are still standing, and they’re even looking a bit healthier. 🏋️♂️💪

The review, which was published on Thursday, is focused on the conduct of Malta’s Financial Services Authority (MFSA) and its processes under the Markets in Crypto-Assets (MiCA) regulation 📊. This regulation, by the way, officially took effect across the EU in June 2024 📆.
In June, Senators Chris Van Hollen, Tim Kaine, and Alex Padilla introduced the “El Salvador Accountability Act of 2025” to the U.S. Senate, a bill focused on enacting sanctions on the executive branch of the country involved in corruption acts to “ship people to El Salvador in violation of their constitutional rights.”
Despite “aggressive compensation packages,” Bitcoin mining firm shareholders are “balking,” VanEck head of digital assets research Matthew Sigel and investment analyst Nathan Frankovitz reported on Thursday. 😱
Once the domain of the tech-obsessed, crypto cards now dictate the financial whims of the masses. Nearly one in ten Americans proudly strut about with these shiny cards, flaunting their digital wealth, while folks in Brazil, Portugal, and Slovenia appear to be throwing crypto parties and sending invites for more. 🎉

Ethereum price started a fresh increase above the $2,750 zone, like Bitcoin, but with a bit more flair and a lot less existential dread. ETH price gained pace for a move above the $2,800 resistance zone and entered a positive zone, which is about as positive as you can get without breaking into a full-blown dance party.

Top analyst Carl Runefelt has unveiled a technical setup that suggests the altcoin market is now bouncing off a major support zone. This revelation has sparked a flurry of debate among traders and investors. Is this the dawn of a long-awaited altseason, or just a fleeting moment of relief before the market plunges again?