Crypto Push

🛡 Protecting Yourself from Crypto Scams in 2025 💰 In 2024, Americans lost over $4 billion to crypto fraud, as reported by the FTC. Unlike traditional hacks, these scams often persuade individuals to willingly give up their access. Hardware wallets like Trezor offer protection by keeping Bitcoin keys offline, but they cannot prevent deception. Scammers exploit this vulnerability through emails, direct messages, fake applications, and too-good-to-be-true offers. 🛡 To safeguard against these threats, it's essential to adopt the right tools and habits. This guide outlines the most common crypto scams of 2025 and presents four key principles for protection: 1. Never enter your wallet backup or seed phrase anywhere except on your hardware wallet. 2. Never send crypto to anyone who contacts you first. 3. Never copy-paste an address from your transaction history; always obtain it from a legitimate source. 4. Always review every transaction on your hardware wallet screen before approving. 🚨 Fake support agents are a common tactic used by scammers. They may send urgent emails or private messages offering help. These impostors often create realistic replicas of popular wallets and exchanges, requesting your seed phrase during “account recovery” or after a fake update alert. If someone contacts you first, it's crucial to be cautious and verify through official channels. 🖥 Another method is address poisoning and clipboard hijacking. Scammers may send transactions to your wallet using similar-looking addresses, leading you to accidentally copy theirs. Clipboard hijackers can also use malware to replace a copied address with one they control. Always copy the destination address directly from the legitimate source and double-check it on your hardware wallet screen before approving. 🎁 Too-good-to-be-true offers such as airdrops and guaranteed profits are often bait for scams. These can involve depositing crypto into fake investment platforms or signing malicious smart contracts. For example, in January 2024, scammers hijacked the U.S. SEC’s official X account to promote a drainer airdrop that led users to a fake claim site. If an offer promises high returns or free money, it's likely a scam. 📉 Rug pulls and hype cycles are also prevalent in the crypto space. A project may gain rapid popularity only to crash suddenly, as seen with MetaYield Farm, which vanished in mid-2025 after draining $290 million from investors. Most crypto trends fade quickly, so it's wise to focus on long-term assets. 🔒 While hardware wallets like Trezor provide strong defense by keeping private keys offline, the human element remains vulnerable. Scammers target individuals with fake apps, urgent messages, and confusing transactions. Therefore, developing smart habits is just as important as using secure tools to protect your crypto assets.

🇨🇭 Amina Bank Strengthens Its Position in Stablecoin Finance with Circle and Ripple 🏦 Swiss-based Amina Bank is solidifying its position in the regulated stablecoin market through strategic partnerships with Circle and Ripple. On August 29, the bank announced its expanded collaboration with Circle via the Circle Alliance Program, emphasizing its significant involvement in stablecoin transactions. Amina stated,

Over the years, Amina has transacted billions in USDC and EURC through our FINMA-regulated banking system.

🤝 The bank expressed its commitment to enhancing client confidence in stablecoin transactions, stating,

As Circle continues to lead the way in stablecoin utility, Amina enables individuals and institutions to transact with confidence across a global infrastructure.

This sentiment was echoed by Circle, which highlighted Amina's role in bridging traditional and digital finance:

Circle Alliance Program member Amina Bank is helping bridge traditional and digital finance with crypto banking.

🔒 Amina aims to set itself apart through Swiss regulatory oversight and a commitment to segregated custody. This approach offers users a higher level of security compared to riskier custodial models in the digital asset sector. In addition to its partnership with Circle, Amina has launched a stablecoin rewards program that complements its custody services. Clients maintaining a balance of at least 10,000 USDC or 10,000 EURC can receive quarterly interest payments in the fiat currency backing the respective stablecoin, with a minimum non-compounding rate of 0.2% annually. 🌐 Furthermore, Amina has expanded its digital asset offerings by partnering with Ripple, becoming the first global bank to offer custody and trading for Ripple USD (RLUSD). This move underscores Amina's strategy of providing institutional-grade access to regulated stablecoins while reinforcing its role as a key player in the evolving landscape of crypto banking.

📉 Iran's Crypto Economy Faces Decline Amid Geopolitical Tensions 📉 TRM Labs reported a contraction in Iran's cryptocurrency economy in early 2025 due to escalating geopolitical tensions and a significant exchange hack. Between January and July 2025, total cryptocurrency flows involving Iranian entities fell to approximately $3.7 billion, marking an 11% decline from the same period in 2024. This decline was characterized by sharp month-over-month drops after April, including a more than 50% fall in June and a 76% collapse in July. ⚠️ The analysis attributes this downturn to several factors: an escalation with Israel in June, widespread power outages, and the June 18 breach of Nobitex—a major exchange handling over 87% of Iranian-linked volumes. This breach, which amounted to $90 million and was linked to the pro-Israel group Predatory Sparrow, disrupted liquidity and eroded trust in domestic virtual asset service providers. Notably, about $2 billion of Nobitex's $3 billion throughput was processed through the TRON network. 🔍 TRM Labs also pointed out several other trends: Tether's significant freeze of Iranian-linked addresses, ongoing outbound flows indicating crypto's role in capital flight, and a shift among users towards DAI and Polygon. Additionally, there has been the emergence of a domestic KYC-bypass market and documented cases of crypto being used for procurement and alleged espionage activities. 📉 In conclusion, while Iran's crypto ecosystem demonstrates some resilience, it is currently facing increasing systemic risks and declining public confidence.

🗣 Brazil's Central Bank Warns Against Bitcoin as Reserve Asset 🚫 During a recent congressional hearing in Brazil, the Central Bank expressed concerns about the potential approval of a Strategic Bitcoin Reserve proposal. This bill, Bill 4501/2024, would allow the central bank to allocate up to 5% of its foreign reserves in Bitcoin. Luís Guilherme Siciliano, head of the bank's International Reserves Department, argued that Bitcoin does not meet the criteria to be considered a reserve asset. ↗️ Siciliano pointed out that current central bank legislation does not support the use of Bitcoin as a reserve asset. He stated,

The IMF classifies Bitcoin as a non-financial, non-produced asset, similar to land and mineral resources. This means that Bitcoin is treated as a capital instrument, not a financial instrument or reserve asset.

He also noted that only 3% of central banks worldwide are contemplating similar actions regarding Bitcoin. He concluded that holding 5% of Brazil's reserves in Bitcoin would increase associated risks due to the incompatibility and uncertainty of crypto assets. 🌟 In contrast, Pedro Guerra, Chief of Staff of the Ministry of Development, Industry, Commerce, and Services, highlighted the potential benefits of adopting Bitcoin as a reserve asset. He stated,

The adoption of Bitcoin is a revolution for public finances. Brazil becomes a strategic player in leadership, we can effectively take the lead and realign the incentives of our economy.

🗳 The public hearing is a crucial step for lawmakers as they decide whether to support or oppose this legislation, which requires approval from both representatives and senators before it can be enacted.

🪙 Bitcoin faces a critical battleground: Spot demand weakens while Futures remain strong ✔️ Key Points Coinbase Premium Index turned negative, indicating slumping U.S. spot demand. Despite trading near $113.7K and positive Funding Rates, divergence between cautious spot and bullish derivatives signals increased volatility. If spot flows don’t recover and Futures exposure stays high, Bitcoin could face technical and sentiment pressure. 📉 Miners reduce sales, but is it enough? The Miners’ Position Index (MPI) dropped to -0.51, showing less miner outflow, but the market remains in limbo. NVM Ratio fell 11.1% to 2.73, suggesting potential undervaluation, but no immediate price impact. ℹ️ Current technical picture Bitcoin tests its trendline near $113.7K, with the MACD showing bearish momentum. A break below $111.9K could lead to deeper retracements. Key liquidity zones at $116K and $112K could trigger forced liquidations if breached, influencing short-term moves. ⚡️ Summary Bitcoin’s structure weakens as spot demand fades and leverage remains high. A break below $111K risks sharper correction unless new bullish catalysts appear soon.

💰 Strategy Inc. Expands Bitcoin Holdings Amid Preferred Share Sales 📈 Strategy Inc. has recently increased its Bitcoin holdings by acquiring 430 BTC between August 11 and 17, 2025. The company spent $51.4 million on this purchase, averaging $119,666 per Bitcoin. This acquisition brings Strategy Inc.'s total Bitcoin holdings to 629,376 BTC, which were acquired for a total of $46.15 billion and are now valued at approximately $72 billion. 💵 The funding for these Bitcoin purchases came entirely from net proceeds from recent sales of preferred shares through its at-the-market (ATM) programs. During the same period, Strategy Inc. sold preferred stock worth $50.4 million across three series: STRK (with net proceeds of $19.3 million), STRF (brought in $19.0 million), and STRD (yielding $12.1 million). 🔄 In addition to these transactions, Strategy Inc. updated its equity guidance. The company announced that it will strategically issue class A common stock (MSTR) to cover debt interest and preferred dividends when its “mNAV” metric falls below 2.5x. As of August 17, Strategy Inc. had active ATM programs for its common and preferred shares, with $17.0 billion and $50.7 billion remaining available, respectively.

🌍 Isabel Longhi Highlights Latin America's Pivotal Role in Global Crypto Conversations 🗣 Isabel Longhi, Director of Public Policy and Regulatory Affairs for Latin America at Ripple, emphasized the importance of the region in the cryptocurrency landscape during a recent interview. She noted that Ripple aims to be actively involved in the ongoing regulatory changes across Latin America. 📉 Longhi pointed out that projects related to Central Bank Digital Currencies (CBDCs) have slowed down in the region. She stated,

Now, the CBDC issue isn’t evolving as it did in the past... The development of these projects has slowed down a bit.

Despite this slowdown, she assured that Ripple is willing to support these initiatives when necessary. 🌐 While acknowledging the varying levels of crypto regulation across countries, Longhi praised Brazil, Argentina, and Colombia for their efforts, describing Latin America as a leader in global cryptocurrency discussions. She remarked,

Latam was serving as a leader in the cryptocurrency discussion for the entire world.

📊 Ripple's presence in Latin America is growing, with 12% of all crypto portfolios in the region holding XRP, according to a report by Bitso, a local crypto exchange.

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🌐 MultiBank Group's $MBG Token Listed on LBank 🖥 On July 29, 2025, at 09:00 UTC, LBank officially listed $MBG, the utility token of MultiBank Group, enabling trading through the MBG/USDT pair in the Innovation Zone. Established in 2005, MultiBank Group operates a regulated financial ecosystem with over 25 offices and 17 licenses worldwide, serving more than 2 million clients and achieving a trading volume of $4.5 trillion in 2024. 🔗 According to its whitepaper, $MBG is an ERC-20 utility token supporting four business lines: 1. MultiBank FX/CFDs: $MBG offers fee discounts and potential rebates for traders. 2. MEX Exchange: $MBG automates settlement and reduces counterparty risk. 3. MultiBank: $MBG provides trading fee discounts and access to staking. 4. MultiBank RWA: $MBG users benefit from fee discounts related to a $3B RWA tokenization agreement focused on Dubai real estate. 💡 $MBG facilitates fee payment, staking, and on-chain settlement. Staking grants access to premium features, while institutions can use $MBG for internal settlement with secure smart contracts. MultiBank emphasizes that $MBG is a utility token, part of a regulated infrastructure that integrates traditional finance, crypto, and tokenized assets. 📈 Key milestones achieved include the launch of MultiBank, completion of the $3B RWA tokenization deal, and reaching $35B in daily FX volume. Upcoming developments feature a decentralized crypto ECN, expanded derivatives offerings, and the launch of the MultiBank Smart Chain. 🚀 Following its Initial Exchange Offering (IEO) and Token Generation Event (TGE), $MBG is now publicly traded on multiple platforms. This listing on LBank connects MultiBank Group's regulated utility token with a wider audience, bridging traditional finance and Web3 infrastructure.

⚖️ Ripple Labs and SEC Reach Settlement: A New Era for Crypto Regulation 📝 On August 7, 2025, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs officially concluded their long-standing legal battle by filing a joint stipulation to dismiss their appeals in the Second Circuit. This agreement marks the end of the SEC's appeal regarding a 2023 district court ruling that determined XRP was not a security when sold to the public on exchanges. Ripple's cross-appeal, which challenged the court's finding that its institutional sales violated the Securities Act, was also dismissed. Under the terms of the settlement, both parties will bear their own legal fees, and no further litigation is anticipated. 🖥 The SEC initiated its lawsuit against Ripple in December 2020, accusing the company of conducting an unregistered securities offering by selling over $1.3 billion worth of XRP. This case quickly became a pivotal point for the cryptocurrency industry, influencing how tokens would be classified under U.S. law. In July 2023, Judge Analisa Torres delivered a significant ruling stating that programmatic sales of XRP to retail buyers on digital exchanges did not constitute securities transactions. However, she also ruled that Ripple's direct sales to institutional investors were unregistered securities offerings, resulting in a $125 million fine for Ripple. 🤝 Instead of pursuing further appellate litigation, both Ripple and the SEC opted for a strategic retreat. This joint dismissal indicates a mutual understanding that the risks and costs of continuing proceedings outweighed any potential benefits. Ripple had already indicated its intention to withdraw its cross-appeal after reaching an agreement with the SEC on final remedies, which included restrictions on future institutional sales and compliance measures. 🔍 Although the Ripple case did not establish Supreme Court precedent or final appellate rulings, the litigation—particularly Judge Torres's opinion—is likely to influence how courts and regulators approach token classification in the future. It affirmed that not all crypto transactions are subject to securities regulations, especially in secondary markets where buyers may be anonymous and unaware of the issuer's identity. 🚀 With the closure of the Ripple case, the company can now operate without the burden of federal securities litigation. This outcome provides a cautiously optimistic signal for the crypto industry: that nuances matter, courts may be more open to technological complexities than regulators, and litigation can establish meaningful boundaries in an otherwise uncertain landscape. Ripple's Chief Legal Officer, Stuart Alderoty, succinctly stated the sentiment of the moment:

The end…and now back to business.

📈 Accelerating Institutional Adoption of Bitcoin 📊 In July 2025, public and private companies added 107,082 bitcoin to their treasuries, highlighting a growing trend of institutional adoption now valued at $428 billion. According to the Bitcoin Treasuries’ July Adoption Report, total holdings by monitored entities, including companies, exchange-traded funds (ETFs), governments, and funds, reached 3.64 million BTC by the end of the month. 🏢 Public companies hold 955,048 BTC, while private firms hold 292,364 BTC. The report notes that significant net additions by companies accounted for nearly two-thirds of the 166,000 BTC added across all categories tracked in July. Major purchasers included MicroStrategy (MSTR), which added 31,466 BTC, bringing its total to 628,791 BTC ($74B). New entrant Bitcoin Standard Treasury Company (BSTR) disclosed 30,021 BTC ($3.54B), and Trump Media & Technology Group (DJT) added 18,430 BTC ($2.17B). 💰 Beyond bitcoin, companies also invested in altcoins. Ethereum holdings by tracked entities total roughly $10 billion, Solana holdings reached $530 million, and firms announced plans exceeding $2 billion for future purchases of coins like BNB and XRP. 🔮 Researchers anticipate continued corporate acquisitions driven by dedicated buying strategies, persistent ETF inflows, expectations of a sustained bull market, and potential U.S. government bitcoin purchases. This momentum could solidify bitcoin’s role in corporate finance and make institutional positioning a defining force in global capital allocation strategies for the years ahead. 🌐 Rising commitments to multiple digital assets suggest a broader shift toward diversified crypto treasuries. This evolving approach indicates that corporations may increasingly view blockchain-based assets as strategic reserves, blending traditional portfolio management with the emerging economics of decentralized finance (DeFi).

💰 Exploring the Possibility of a Central Bank Digital Currency in Botswana 🧐 The Bank of Botswana is currently conducting a feasibility study to determine the potential introduction of a central bank digital currency (CBDC). Ruth Baitshepi, head of the digitalization and innovation hub, stated that the study will evaluate the necessity of a CBDC and the risks associated with digital assets to the national currency, the Pula. 🌍 This initiative aligns with a regional trend, as the South African Reserve Bank is currently piloting a CBDC project, while Namibia, Zambia, and Zimbabwe are in the research phase. However, Baitshepi emphasized that Botswana is not yet ready to make a final decision as exploratory research is still ongoing.

💰 MARA's Strategic Shift: $73.3 Million Investment in Auradine's Bitcoin Miners 📈 In the first half of 2025, Marathon Digital Holdings (MARA) invested $73.3 million in Teraflux Bitcoin miners from Auradine, a Silicon Valley chip startup. This investment was made in advance payments of $22.3 million in Q1 and $51 million in Q2, constituting a significant part of MARA's $108 million cash outflows for vendor advances.

During the six months ended June 30, 2025, the Company advanced $73.3 million to Auradine for product purchases, all of which were fulfilled by the end of the period, with no outstanding balance remaining

said MARA in its Q2 earnings filing. 🖥 As of June 30, MARA had $51.4 million in outstanding purchase commitments with Auradine, scheduled for delivery throughout the remainder of 2025. This underscores MARA's growing financial and strategic relationship with Auradine. 💼 In addition to hardware purchases, MARA invested $20 million in Auradine’s preferred shares in February and converted $1.2 million of a prior SAFE investment into equity. This brings MARA's total holdings in Auradine to $85.4 million, and it also holds a seat on the startup’s board of directors. 🔄 This marks a strategic shift for MARA, which previously relied almost exclusively on Bitmain’s Antminers during the 2020 halving cycle. The move towards procuring U.S.-made mining equipment reflects a broader trend as Bitmain also increases its domestic manufacturing capacity in the U.S. amidst trade tariff uncertainties.

📈 DeFi Development Corp. Expands Solana Holdings to Nearly 1 Million Tokens 🌟 On Monday, DeFi Development Corp. announced that its treasury now holds 999,999 Solana (SOL) tokens and equivalents. The Boca Raton-based company added 141,383 SOL between July 14 and July 20, with purchases averaging $133.53 per token, totaling approximately $19 million. This increased its holdings from a previous total of 857,749 SOL. 📊 Of the total growth, about 867 SOL came from organic sources such as staking rewards and validator revenue. As of July 20, the total value of its SOL holdings was roughly $181 million. Additionally, DeFi Dev Corp. raised about $19.2 million net this month through an Equity Line of Credit facility, issuing 740,000 shares of common stock for funding. Approximately $5 million of these proceeds remain available for future SOL acquisitions. 🔗 The company noted that all of its unlocked SOL is staked to its own validator infrastructure, generating yield. Its validators also process third-party delegated stake, creating additional fee revenue. DeFi Dev Corp. is part of a broader trend where companies are incorporating altcoins like SOL and ETH into their financial portfolios. 🖥 In addition to its cryptocurrency activities, DeFi Dev Corp. operates an AI-powered online platform for the commercial real estate industry, offering data, SaaS subscriptions, and services to clients including property owners, developers, lenders, and service providers. However, the company's stock has faced challenges, dipping 1.19% today and sliding over 10% in the past week, with a decline of more than 23% in the last month.

🗣 Dave Portnoy's Regret Over XRP Sale 💔 High-profile trader Dave Portnoy, founder of Barstool Sports, recently expressed his regret for selling his XRP holdings at $2.40 just two weeks before the asset reached a new all-time high of $3.66. He stated that he made this decision based on advice from the person who initially recommended the investment, who suggested that XRP had peaked and would face competition from Circle.

“I sold XRP back when it went to $2.40 because the guy who told me to buy it told me that I should sell it because he thought Circle would compete with them, he was unhappy with it. It’s up 60% since I sold it and I would have made millions and I want to cry,”

Portnoy lamented in a post on X on July 18. 📉 This decision mirrors Portnoy's previous pattern of early exits from investments. In 2020, he sold his Bitcoin and LINK holdings shortly after purchasing them due to panic over declining prices. He later regretted this move and expressed a desire to invest $10 million in Bitcoin in February 2024. 🚫 Despite his past enthusiasm for XRP, referring to himself as the "leader of the XRP army," Portnoy admitted in a recent video that he no longer holds any XRP assets.

🚀 Bitcoin Surges Past $100K: A New Era Begins 💰 Last week, Bitcoin shattered its previous records, soaring to an all-time high of $118,000 and triggering over $1 billion in short liquidations. This significant price movement indicates that the path to $250K may be clear. 📈 On Wednesday, Bitcoin broke through its former record of $112,040, eliminating approximately $223 million in short positions. The following day, it reached $118,000, marking a challenging period for bears. Legendary Crypto Twitter account Cobie shared a prediction from last November:

The hard road goes from 80k to 100k. The easy road goes from 100k to 250k.

This suggests that the $100,000 level was a significant psychological barrier that has now been surpassed. 🔄 Supply has shifted from weak to strong hands, allowing the price to rise freely. While there is skepticism towards Bitcoin treasury companies (BTCs), Lyn Alden published an essay highlighting how BTCs can create net benefits if risks are managed. 📉 Despite Bitcoin's dominance decreasing from 66% to about 64.3%, Ethereum has also seen significant gains, breaking the $3K mark. Other major cryptocurrencies like SOL, XRP, and BNB are also up. Memecoins are making a comeback as well, with SPX6900 nearing its all-time high. ⚔️ A notable event in the memecoin space was the competition between launchpads Pump and Letsbonk. The latter quickly gained market share, commanding 70% compared to Pump's 24%. Pump is set to close its public ICO after raising $740 million from institutions and aims to collect $260 million from retail investors. 🗣 An important reminder from CT trader Horse emphasizes the current market dynamics:

The stuff that’s leading right now is probably the fastest horses... Strength deserves respect.

While some may be tempted to chase lagging assets, it's crucial to recognize the strength of leading investments. For now, the focus remains on Bitcoin and several high-conviction altcoins that have shown strong performance in recent months.

🌍 US-UK Collaboration for Crypto Innovation 🚀 The landscape of crypto regulation is poised for change as leaders from the U.S. and U.K. advocate for a unified approach to digital asset sandboxes. This initiative aims to foster blockchain innovation and eliminate compliance hurdles. 💬 On July 16, SEC Commissioner Hester Peirce emphasized the need for a joint regulatory sandbox during her speech at Guildhall in London. She argued that such collaboration would allow for cross-border experimentation in blockchain technology, providing clarity to projects currently hindered by regulatory uncertainty. Peirce stated,

Market participants are looking to experiment with bitcoin and other crypto assets, stablecoins, non-fungible tokens, digital identity solutions, collateral management, and tokenization of securities and assets such as real estate, among other issues.

⚠️ However, she warned that many of these innovations have faced setbacks due to "regulatory hostility" and a lack of clear commercialization pathways. To address this, Peirce proposed a "very flexible US micro-innovation sandbox" that would align with the U.K.'s existing framework. This would allow firms to pilot projects under consistent standards while ensuring regulatory oversight. 🔑 Peirce stressed the importance of keeping experimentation industry-driven:

Sandbox projects need to be organically generated, not planned by government working groups.

She also highlighted the necessity for accessible participation for both startups and established companies without arbitrary limits on growth or product development. 🛡 While acknowledging the need to protect investors, Peirce opposed politically motivated regulatory conditions. She stated,

Extracting conditions unrelated to—and potentially distracting from—the safe and effective functioning of the project would be an improper use of financial regulation to achieve political outcomes.

Peirce concluded by expressing optimism that the SEC’s Crypto Task Force could collaborate with U.K. regulators to facilitate experiments and identify areas where current rules require revision.

🚀 Kraken Launches Regulated Derivatives Platform in the U.S. 🌟 Kraken has launched its regulated derivatives platform, Kraken Derivatives US, in several U.S. locations including Vermont, West Virginia, North Dakota, Mississippi, and the District of Columbia. This platform enables U.S.-based clients to trade CME-listed cryptocurrency futures contracts alongside Kraken’s extensive spot crypto liquidity. 🖥 The integrated Kraken Pro trading experience offers users a unified interface for managing both futures and spot markets. This allows for advanced trading strategies and efficient risk management. Shannon Kurtas, Head of Exchange at Kraken, stated that this launch improves market access and capital efficiency for traders in a regulated environment. 📈 The introduction of Kraken Derivatives US comes after the company’s acquisition of Ninjatrader, a U.S. retail futures platform. Later this year, Kraken plans to expand its offerings to include commodity, fixed income, FX, and equity futures. This move aims to further solidify its position as a unified venue for digital and traditional asset classes.

🌟 Silver's Resurgence: A Closer Look at Its Recent Rally 📉 While gold has seen a slight decline of 0.07% over the past month, silver has made significant gains, rising by 4.89%. This marks a notable return for silver, which is now trading at $38 per ounce for .999 fine silver. The last time silver reached or exceeded this price was during its remarkable rally in 2011. 📈 Since the beginning of the year, silver has surged over 32% against the U.S. dollar. Many precious metals enthusiasts believe that this rally is far from over. Some analysts predict that silver could break into the $50 range, while Michael Oliver, founder of MSA Research, suggests it could push well beyond $100.

What is going on right now is silver is compensating for having been restrained for so long by forces that are trying to hold it back,

Oliver explained.

And the problem with that is that when it bites them they are on the short side of the market so the squeeze is them exiting what are now vulnerable short positions.

🔜 It has been 14 years since silver was last in this price range. In March 2011, it surpassed $47 per ounce. Before that peak, silver had already exceeded $35 in March 1980. However, its value was largely suppressed until March 2020 when it even fell below $14. This week, Philip Streible, chief market strategist at Blue Line Futures, stated that it is finally silver's time to shine.

Platinum’s been on a tear, and gold has held steady above $3,300, so it’s not surprising that we’re seeing a strong rotation into silver—It’s silver’s turn,

Streible said. 💬 Longtime gold advocate Peter Schiff has also weighed in on the current market dynamics. He argued that bitcoin’s recent price peaks are merely a distraction and emphasized that silver is the true standout in today’s market.

Despite bitcoin’s new high today, had you followed the advice to sell bitcoin and buy silver in yesterday’s post, you would be better off. Plus, you would have taken on a lot less risk,

Schiff stated.

💰 Bitcoin and Ether ETFs See Record Inflows Amid Bullish Market Sentiment 🪙 Bitcoin exchange-traded funds (ETFs) experienced significant inflows for the fifth consecutive day, totaling $218 million, driven primarily by Blackrock and Ark 21shares. Ether ETFs outperformed with over $211 million in inflows as trading volume reached an all-time high. 📊 On Wednesday, July 9, the crypto ETF market witnessed robust investor participation and inflows, reflecting a bullish sentiment. Bitcoin and ether ETFs achieved remarkable performances, pushing total net assets to new records. 💵 Bitcoin ETFs secured $218.04 million in inflows, marking their fifth consecutive day of gains. Blackrock’s IBIT captured the largest portion with $125.58 million, followed by Ark 21shares’ ARKB with $56.96 million. Additional support came from Grayscale’s Bitcoin Mini Trust at $15.83 million and Invesco’s BTCO with $9.48 million. Minor contributions were made by Fidelity’s FBTC ($4.84 million), Bitwise’s BITB ($3.01 million), and Valkyrie’s BRRR ($2.34 million). There were no outflows, and total trading surged to $4.35 billion, driving net assets to a record $139.39 billion. 📈 Ether ETFs also performed well, with a net inflow of $211.32 million due to increased investor interest. Blackrock’s ETHA led with $158.62 million, followed by Fidelity’s FETH ($29.53 million), Grayscale’s Ether Mini Trust ($17.96 million), and Franklin’s EZET ($5.21 million). Trading activity set new records with $1.26 billion in volume, and net assets rose to $11.84 billion. 🚀 Momentum is clearly building in the crypto ETF markets, with both bitcoin and ether continuing to attract strong institutional flows.