Crypto & Blockchain Daily Brief Thursday, July 31, 2025

The article discusses the recent price movements of Shiba Inu (SHIB) and Solana (SOL) cryptocurrencies, as well as their potential impact on Bitcoin's (BTC) price. Shiba Inu's price has been experiencing a significant drop, with a 40% decline in value over the past week, leading to concerns among investors about the future of the coin. This drop in SHIB's price has been attributed to the overall bearish sentiment in the cryptocurrency market. On the other hand, Solana's price has been more stable and has even seen a positive trend recently. SOL has been able to maintain its value despite the market downturn, which has led some analysts to predict a potential "golden cross" event for SOL. A golden cross occurs when a short-term moving average crosses above a long-term moving average, indicating a potential bullish trend. The article also explores the potential impact of these developments on Bitcoin's price. While SHIB's drop may not directly influence BTC's price, SOL's performance, especially if a golden cross occurs, could potentially have a positive effect on Bitcoin. Historically, positive movements in altcoins like Solana have sometimes been followed by similar movements in Bitcoin's price. Overall, the article highlights the contrasting price movements of Shiba Inu and Solana, with SHIB experiencing a significant drop while SOL remains relatively stable and even shows potential for a bullish trend. The potential impact of these altcoins' performance on Bitcoin's price is also discussed, suggesting that positive developments in Solana could have a positive influence on BTC's price in the near future.

The article discusses the price movement of the cryptocurrency Cosmos (ATOM) as it tests a support level at $4.51. Despite facing some challenges, the Cosmos network has shown a mix of bullish and bearish signals. On one hand, the price of ATOM has dropped below the $5.00 support level, indicating a bearish trend. On the other hand, the overall market sentiment for Cosmos remains positive due to the recent partnership announcements and network developments. The article highlights that the MACD indicator for ATOM is showing signs of a potential bullish crossover, which could indicate a reversal in the current downtrend. Additionally, the Relative Strength Index (RSI) is hovering around the oversold territory, suggesting that the selling pressure on ATOM may be weakening. The author also mentions that the recent partnership between Cosmos and Terra, a stablecoin project, has sparked interest in the Cosmos ecosystem. This partnership could potentially bring more users and liquidity to the Cosmos network, which could positively impact the price of ATOM in the long run. In conclusion, while Cosmos is currently testing a support level at $4.51 and facing some bearish signals, there are also bullish indicators that suggest a potential reversal in the near future. The recent partnership with Terra and other developments in the Cosmos ecosystem could bring more attention and value to the project, ultimately benefiting the price of ATOM.

Despite the successful upgrade to the Cardano blockchain known as Starstream, the price of ADA fell to $0.77. The upgrade aimed to enhance the network's capabilities and improve user experience. However, this did not prevent ADA from experiencing a price drop. The Cardano network has been making significant progress in recent months, with the successful launch of the Alonzo upgrade, which introduced smart contract functionality to the blockchain. This upgrade was a crucial step in Cardano's development, as it allowed developers to build decentralized applications (dApps) on the platform. Despite these advancements, the price of ADA has been on a downward trend recently. The cryptocurrency fell to $0.77, marking a significant drop from its previous highs. The reasons for this price decline are not entirely clear, but it could be due to broader market factors or investor sentiment. Despite the price drop, Cardano remains a popular blockchain platform with a strong community of supporters. The network's focus on scalability, sustainability, and decentralization has attracted many users and developers. With ongoing upgrades and developments, Cardano is positioned to continue growing and expanding its ecosystem in the future. In conclusion, the recent price drop of ADA to $0.77, despite the successful Starstream upgrade, highlights the volatility of the cryptocurrency market. While price fluctuations are common in the crypto space, the long-term prospects for Cardano remain promising due to its strong fundamentals and ongoing development efforts.

Bitcoin's price is hovering around $11.8K as the White House releases a report on digital assets. The report highlights the potential benefits and risks associated with cryptocurrencies and other digital assets. It acknowledges the growing popularity of these assets but also raises concerns about their potential use in illegal activities. The report emphasizes the need for regulation and oversight to protect investors and prevent illicit activities. The White House report comes at a time when cryptocurrencies are gaining more mainstream acceptance and attention from regulators. Bitcoin's price has been relatively stable around the $11.8K mark, despite some fluctuations. The market is awaiting further developments in the regulatory landscape to gauge the impact on prices and investor sentiment. The report's recognition of the benefits of digital assets, such as financial inclusion and innovation, is seen as a positive sign for the industry. However, the emphasis on the need for regulation and oversight could also raise concerns among investors about potential restrictions and compliance requirements. Overall, the White House report on digital assets is seen as a step towards greater clarity and regulation in the cryptocurrency space. It signals a growing recognition of the importance of digital assets and the need to address the associated risks. The market will likely continue to monitor regulatory developments and their impact on prices and investor confidence in the coming months.

The article discusses how the price of Bitcoin surged after the Federal Reserve provided clarity on its monetary policy and constructive trade talks between the United States and China. The Federal Reserve announced that it would keep interest rates near zero until at least 2023, which reassured investors and led to a rise in the price of Bitcoin. This decision by the Federal Reserve to maintain low interest rates is seen as a positive sign for the cryptocurrency market as it indicates continued support for economic recovery. Additionally, constructive trade talks between the United States and China have also contributed to the increase in Bitcoin's price. The talks between the two countries have shown signs of progress, which has boosted investor confidence and led to a surge in the price of Bitcoin. The positive developments in the trade talks have helped to alleviate some of the uncertainty surrounding the global economy, leading to increased interest in Bitcoin as a safe-haven asset. Overall, the combination of the Federal Reserve's clear monetary policy and progress in US-China trade talks has created a favorable environment for Bitcoin and the wider cryptocurrency market. The increased confidence and optimism among investors have driven up the price of Bitcoin, highlighting its potential as a store of value and a hedge against economic uncertainty.