Cryptocurrency
Bitcoin analysis agrees BTC price may stall at $35K

Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts.
In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off point for the Bitcoin bull market.
Bitcoin homes in on post-FTX rally peak
With BTC price stagnating around $30,000, concerns are mounting that the majority of its gains have already materialized.
The area between $35,000 and $40,000 is now particularly popular among market participants seeking to catch a local top, and QCP is one of them.
“Tactically (short-term), our favoured trade to play this is selling end-Sep 33k to 35k calls, and using the premiums to buy 30k puts,” it summarized about its plans for H2 trading.
QCP highlighted incoming resistance for the moving average convergence/divergence (MACD) indicator — designed to measure price strength at given levels during a market trend — at $35,000.
“The top-side levels work well as any rally from here would be considered the ending 5th wave from the November FTX lows,” it continued.
“The 33-35k level is also where we see wedge resistance as well as MACD hitting 3-year triangle resistance.”

The update also referenced a cooling macroeconomic environment potentially offering few volatility cues for markets.
The United States Federal Reserve remains hawkish, and officials have maintained that further interest rate hikes will come this year despite inflation showing a consistent downtrend.
“On the macro side, the Fed looks locked into another hike this month (although this is largely priced by markets), and inflation appears likely to stagnate around 3-4% until year-end, with positive base effects from the oil price decline ending this quarter, and high frequency rent prices turning back up,” it explained.
“This means that while falling inflation has been getting the market excited, for the Fed with their 2% inflation target blinkers on – its close but probably still not enough for rate cuts.”
When it comes to the principal catalyst for BTC price strength over the past month — the potential U.S. approval of the first Bitcoin spot-based exchange-traded fund (ETF) — there is likewise no imminent decision due, QCP added.
$30 million Binance ask sparks concerns
Elsewhere, traders on the day continually raised the possibility of a fresh BTC price correction.
Related: Bitcoin analyst flags $32.5K launchpad zone for BTC price
William Clemente, a co-founder of Reflexivity Research, revealed data showing that futures traders were far from universally bullish on Bitcoin.
“Everyone is bullish”
Quarterly futures basis says otherwise pic.twitter.com/eXRa36LwS2
— Will Clemente (@WClementeIII) July 4, 2023
Keith Alan, a co-founder of monitoring resource Material Indicators, said he was “expecting a pullback” as a new block of resistance appeared on the Binance order book at $36,000.
“Not sure bulls will make it to $36k, but don’t think this rally is over yet. I could be wrong. Watching charts for clues,“ part of the commentary stated alongside a chart showing the $30 million ask wall.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $30,800 at the time of writing.

Magazine: How smart people invest in dumb memecoins: 3-point plan for success
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Cryptocurrency
PI Token Finally Rebounds as Bitcoin (BTC) Calms at $83K (Weekend Watch)

Bitcoin’s price actions went through a highly volatile period in the past several days due to the escalation of Trump’s Trade War, but has managed to calm now at around $83,500.
Many altcoins experienced similar volatility lately. Now, though, PI has finally bounced off while TON has plunged hard.
BTC Stabilizes at $83.5K
It was a wild week in terms of price actions for the primary cryptocurrency, mostly influenced by global economic developments. It started with a price slump to $81,200, but the asset reacted well and jumped almost immediately.
The peak came on Wednesday after reports that Elon Musk would leave President Trump’s inner circle, and bitcoin skyrocketed to over $88,000. However, then came the so-called ‘Liberation Day’, and the latest tariffs imposed by the POTUS resulted in an immediate price slump of over six grand.
More volatility ensued by the end of the weekend as other countries responded similarly. BTC was stopped at $85,000 on a couple of occasions, while the $81,000 support held its price from breaking further below.
As of now, the cryptocurrency trades at around $83,500. Its market capitalization remains still at $1.660 trillion, while its dominance over the alts has declined slightly to just under 60% on CG.
PI on the Rebound
After weeks and weeks of continuous price declines, Pi Network’s native token has finally bounced off in the past 24 hours. The asset, which marked an all-time low yesterday, is up by 9% now and sits at $0.6. Still, its performance on a monthly scale is quite underwhelming as it’s down by 69%.
OKB is the other notable gainer from the larger-cap alts, having surged by a similar percentage to over $51. In contrast, TON has plunged the most (-7%), followed by LEO and ICP. SOL, XRP, and DOGE are with minor gains, while BNB, ADA, and TRX are with insignificant losses over the past 24 hours.
The total crypto market cap has added around $60 billion since yesterday’s low and is up to $2.780 trillion on CG.
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Cryptocurrency charts by TradingView.
Cryptocurrency
World’s First RWA Presale on Solana, Glimmer Finance RWA Marketplace Trend

[PRESS RELEASE – Singapore, Singapore, April 4th, 2025]
Glimmer Finance has introduced its initiative focused on transforming the trading and investment of real-world assets (RWAs). Developed on the Solana blockchain, the project recently announced the creation of an RWA marketplace—an infrastructure aimed at providing a secure and transparent platform for asset tokenization. Designed to bridge traditional finance with Web3 technologies, the platform seeks to broaden global access to digital representations of real-world assets.
Ongoing $GLIMM Presale
Glimmer Finance has initiated the presale phase for its native token, $GLIMM, as part of its ongoing development of an RWA marketplace on the Solana blockchain.
The presale offers early access to the token at an initial valuation prior to its anticipated listing price of $0.06. Participants can engage in the sale using BNB, SOL, ETH, and stablecoins such as USDT, allowing for cross-chain accessibility.
This phase of the presale is time-limited, with price tiers set to adjust in subsequent rounds. The event is positioned to provide early participants with initial access to the token as the platform continues development.
Participation is now open: https://glimmer.finance/uOYBcNEs1AFL
Transforming Asset Investment Through Tokenization
At its foundation, Glimmer Finance enables the digital tokenization of real-world assets, supporting features such as fractional ownership, AI-assisted asset evaluation, and increased liquidity. The platform is being developed as a marketplace for tokenized assets—including commodities like gold and metals, as well as real estate—drawing a parallel to how marketplaces like OpenSea facilitated the exchange of NFTs. By utilizing Solana’s high-speed, cost-efficient blockchain infrastructure, Glimmer Finance aims to deliver a streamlined user experience. The marketplace is expected to support a broad range of asset classes in tokenized form, including:
- Real Estate – Residential, commercial, and industrial properties, offering rental income and appreciation potential.
- Commodities – Tokenized precious metals like gold and silver, as well as energy resources such as oil and gas.
- Treasury Assets – Government bonds and securities, making traditional financial instruments accessible on-chain.
- Luxury Assets – High-value collectibles, including fine art, vintage cars, and jewelry.
- Intellectual Property – Patents, copyrights, and revenue-generating royalty streams.
- Corporate Assets – Tokenized equity stakes and shares in private companies.
Glimmer Finance Features
The platform streamlines the tokenization process for asset owners and investors through a structured onboarding framework that ensures compliance and security. Key components include:
- Asset Onboarding – RWA owners can seamlessly tokenize their assets and list them for global investment.
- Fractional Ownership – Investors gain access to high-value assets without the need for large capital commitments.
- Blockchain Transparency – All transactions are securely recorded on Solana’s ledger, ensuring immutability and trust.
- AI-Powered Valuation – Advanced analytics assess asset performance, providing real-time insights for smarter investment decisions.
- Instant Liquidity – A decentralized marketplace enables rapid buying, selling, and trading of tokenized assets with minimal slippage.
The Future of Decentralized RWA: Glimmer Finance’s Roadmap
Glimmer Finance is aimed to revolutionize the digital asset market with a comprehensive roadmap that extends into 2026:
- Q1 2025: Launch of presale event, investor onboarding, and early community building.
- Q2 2025: Platform foundation development, security audits, and beta testing.
- Q3 2025: Introduction of AI-powered dashboards and compliance tools.
- Q4 2025: Expansion of asset listings and deployment of risk assessment tools.
- Q1 2026: Multi-chain integration, supporting assets across Ethereum, Solana, and more.
- Q2 2026: Implementation of deflationary token mechanisms and expansion into emerging markets.
About
Glimmer Finance is positioned as a platform advancing financial accessibility, security, and infrastructure innovation within the real-world asset (RWA) space.
Through the integration of blockchain technologies, AI-powered analytics, and decentralized architecture, Glimmer Finance aims to offer an evolving framework for how investors engage with tokenized assets. As development progresses, the platform is working toward establishing itself as a decentralized marketplace for RWAs, contributing to the broader adoption of blockchain-based financial tools.
For the latest updates, roadmap milestones, and investment opportunities, users can stay tuned to Glimmer Finance’s official channels:
https://glimmer.finance/uOYBcNEs1AFL
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Cryptocurrency
Ripple vs. SEC Lawsuit Closure: What it Means for the Future of Crypto

Ripple CEO Brad Garlinghouse made a triumphant announcement on March 19, indicating that the US Securities and Exchange Commission had dropped its latest appeal in the legal case between the two entities, which essentially meant it had finally ended.
His statement was later confirmed by company CLO Stuart Alderoty, who explained that Ripple had also dropped its own appeal. Moreover, the company had to pay just $50 million, instead of the $125 million Judge Torres ruled or the $2 billion the SEC sought initially.
Garlinghouse described this as a win not only for his firm but the entire cryptocurrency industry, given the lawsuit’s significance and longevity. But is that really the case? We decided to ask a few industry experts for their opinion on the potential impact of the lawsuit’s closure.
Watershed Moment
Lingling Jiang, a partner of DWF Labs, was bullish overall for crypto after the case was resolved. She said the ending of such a lawsuit, that lasted for over four years and was essentially the cornerstone of the SEC’s entire war against crypto, is a ‘watershed moment’ for the company and for the entire industry.
She believes it marks the beginning of a long process that will help crypto receive more regulatory clarity in the States, which would be “crucial for building long-term institutional trust and driving innovation.”
With the burden of such a long, expensive, and potentially very damaging lawsuit out of sight, Jiang said Ripple can now focus on building its own brand, business, technology, and products, such as its recently launched stablecoin.
“I would regard this as a representation of what meaningful progression towards establishing greater legitimacy and institutional acceptance within the cryptocurrency ecosystem can look like,” she concluded.
US-based Firms to Thrive
Echoing in part Jiang’s words and a previous comment from Garlinghouse about US-based companies, Andrei Grachev, a managing partner at Falcon Finance, said such digital asset projects are now ‘positioning themselves to regain leadership in crypto infrastructure.’
Ripple’s legal clarity, Coinbase reportedly working on acquiring Deribit, and other similar developments on US soil point to an ‘incredibly bullish’ future for synthetic dollar protocols.
“If a regulated, U.S.-compliant Coinbase absorbs Deribit, it could accelerate the legitimisation of on-chain synthetic dollar markets—particularly those that mirror the risk profiles of traditional FX and interest rate derivatives.
With deeper market rails and renewed confidence in regulatory clarity, we expect innovation and adoption in synthetic dollar protocols to surge—especially in regions hungry for stable, censorship-resistant value transfer,” – Grachev said.
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