Cryptonews

Oh, sweet irony! Crypto analyst Mentor Michael has stepped in with some sage advice (or maybe he just rolled a D20). According to him, Dogecoin must conquer the $0.239-$0.241 resistance if it wants to stop being the punchline of crypto jokes and start being the hero again. But here’s the kicker: after dipping below $0.22, DOGE now faces a wall of resistance so thick, even Wile E. Coyote would need a ladder. 🪜 What happens when the price retests this zone will decide whether we’re looking at a comeback story or another trip to Sadsville. 🎢

On July 31 alone, ETH ETFs sucked up $17 million while Bitcoin ETFs bailed like they saw a ghost. 🎭 Bitcoin’s outflow? A measly $115 million. Congrats, you’re the Little Engine That Couldn’t!

While the plebeian masses fret over a 7.2% dip in the market, the whales, with their keen instincts, are hoarding altcoins as if they were the last crumbs at a feast. 🦈🍞 These tokens, it seems, may become the very backbone of this new financial era. Behold, the trifecta of their acquisitions: LINK, CPOOL, and UNI. Let us delve into this farce with the gravity it so richly deserves.

Our amphibious hero PEPE has endured a 9% decline – enough to send the crypto plebs into vapors. Currently wallowing at $0.00001 (a princely sum, truly), with trading volume that would make a hedge fund blush. Down 13% this week, because why not?

But why, you ask, does this calamity unfold before our very eyes? And what strange fate awaits BTC and ETH next?

But lo, their ambition does not stop there. Like a gambler with an insatiable thirst for the next big win, Metaplanet has filed a shelf registration of ¥555 billion, a number so grandiose it could only be dreamed up in the fevered minds of those who believe in the infinite. This is not merely a move; it is a declaration, a manifesto of their unshakable faith in the almighty Bitcoin. For what is ¥555 billion but a mere stepping stone to the next round of their sacred purchases? 🏛️

And what a month! Bitcoin [BTC] strutted away with a modest 10.70% glow-up, while Ethereum [ETH] channeled its inner superstar, skyrocketing with an audacious 55% return. Behind the curtain, OKX was busy doing the crypto equivalent of wardrobe changes—rearranging assets like a magician pulling rabbits out of a hat.

In a Dickensian twist of fate, Tether’s Q2 2025 results have reached new heights of fiscal triumph. The quarterly profit of $4.9 billion has swelled the company’s coffers to $5.7 billion for the first half of 2025. Among these figures, recurring operational earnings of $3.1 billion and a staggering mark-to-market gain of $1.8 billion on Bitcoin and gold holdings paint a picture of a company riding the crest of fortune. 🎉

But fear not! Analysts are whispering that Bitcoin is just taking a nap, not a death rattle. It’s like a couch potato preparing for a marathon. 🤯

So, AVAX is making a triumphant return, like a character in a soap opera who was “dead” for three seasons and suddenly pops back into the plot. The price is showing signs of life after bouncing off that ever-important 200-day moving average. Bulls are clearly protecting this level, with AVAX currently sitting at $22.70. Keep your eyes peeled—this could be the start of something fabulous. 🐂💪