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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Market News and Updates
Institutional Investment
Bitcoin whale activity:
Reports on X show that on July 15, a $130 million short position in BTC was liquidated, with a certain whale liquidating about $100 million in BTC/USDT shorts on HTX, helping BTC break through 121,000 USDT.
Enterprise Adoption:
Murano Global, listed on Nasdaq, adds $300 million to support the BTC treasury strategy, while chip manufacturer Sequans continues to increase its BTC holdings, with institutional demand continuing to push prices higher.
Ethereum Institutional Boom:
SharpLink Gaming increases its ETH holdings to $580 million, Fidelity reaffirms ETH's position as a value storage asset, pushing it to break through 3000 USDT.
Regulation and Adoption
U.S. regulatory favorable news:
The U.S. House of Representatives "Cryptocurrency Week" hearing (July 16) discussed crypto taxation and stablecoin/DeFi regulation, while the Trump administration's strategy to boost Bitcoin reserves enhances market confidence.
Ethereum Community Updates:
The Ethereum Community Foundation plans to push the ETH price to $10,000, and recent policy releases have continued to ignite market enthusiasm.
Ethereum ETF Boom:
ETH ETF recorded a net inflow of $480 million on July 15, with a net inflow of 52% over the past 30 days. Analysts predict that ETH may test 3300-3400 USDT.
Bitcoin ETF Inflow:
On July 15, BTC ETF recorded a net inflow of $1.15 billion, setting a new single-day record for July, indicating continued institutional confidence in BTC.
Technical Analysis:
BTC broke through 121,000 USDT, with the next resistance level at 122,000-125,000 USDT. After the breakout, it may enter a new price discovery phase; ETH broke through 3000 USDT, with an RSI of 69.1, indicating strength but not overbought, and may test 3300-3400 USDT.