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Even Tom Lee has stated that the crypto treasury bubble may have already burst.
Bitcoin is consolidating around $107K, with key support at $106K and resistance near $112K. As momentum builds, traders expect volatility to return next week.
Quick Take Summary is AI generated, newsroom reviewed. XRP forms a large symmetrical triangle on the weekly chart. Price holds above the 100-week MA, showing bullish support. A breakout above $1.00 could target $2.75–$3.00. Ripple’s global partnerships boost real-world utility. Market cap could reach $168B at $3, placing XRP in top 5. Analysts advise confirmation through volume before entries. Bitcoin’s bull run strengthens the overall altcoin outlook.References X Post Reference
Evernorth Holdings will merge with Armada Acquisition Corp II to build the world’s largest XRP treasury, backed by $1 billion in proceeds and strategic investors.
- 06:43Data: Multiple whales are bullish and have opened long positions in BTC, ETH, and SOLAccording to ChainCatcher, monitored by Lookonchain, several whales are bullish and have opened long positions in BTC, ETH, and SOL. Among them: 0x89AB deposited 9.6 million USDC into Hyperliquid in the past 12 hours, bought BTC at $80.47 (worth $8.7 million), and opened a 6x long position in BTC at $133.86 (worth $14.47 million); 0x3fce deposited 1.5 million USDC 6 hours ago and increased its BTC long position to 459.82 BTC (worth $49.7 million); 0x8Ae4 deposited 4 million USDC 5 hours ago and went long on BTC, ETH, and SOL. 0xd8ef deposited 5.44 million USDC 3 hours ago and opened a spot position in ETH.
- 06:43BTC whale who held positions for nearly five years may have fully liquidated WBTC, with a book profit exceeding $21 millionChainCatcher news, according to monitoring by crypto analyst Ai 姨 (@ai_9684xtpa), address 0x59B...6325F has been continuously accumulating WBTC since 2020. Between September 2020 and April 2025, a total of 352.43 WBTC were accumulated, with an average purchase price of approximately $53,180 and a total investment of about $18.74 million. In the past two weeks, this address has deposited WBTC to an exchange in four transactions at an average price of $113,463. If all are sold, it would realize a profit of about $21.245 million, with a five-year return rate of approximately 113%.
- 06:35Seismic launches native privacy blockchain execution client Seismic Reth and opens its source codeJinse Finance reported that the privacy blockchain project Seismic has announced the launch of Seismic Reth, a blockchain execution client with native privacy features, and has open-sourced its code. Seismic Reth offers functionalities such as private storage, encrypted transactions, and TEE integration.