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  • šŸŗBitcoin to $118.6K, ETH preps its revenge run

šŸŗBitcoin to $118.6K, ETH preps its revenge run

SBET re-ups, entire crypto market top blasts

Author

Noah Major
July 12, 2025 ā€¢ Estimated Reading Time: 3 minutes

šŸŒŸ Editor's Note
The decentralized hedge fund I run ($ONIC on ETH) finally climbed past 0.02 USD again, going up massively on the week. Now we are setting higher lows as we turn resistance into support. All of this was ushered in by the 9th straight month of positive Revenue Share payouts in $ETH.X ( ā–² 2.2% )  If youā€™re looking for a place to put your ETH to work, look no further than here

šŸ—“ļø Upcoming Deadlines

Germany is coping hard

Their early off-loading of Bitcoin has now cost the German government $3.1B profits lost (they sold 50k at 54K USD)

What they didnā€™t understand: The world reserve currency is down 18% on the year

  • Takeaway: You get Bitcoin at the price you deserve

Blackrockā€™s $IBIT ( ā–² 3.21% ) destroyed itā€™s $80B milestone, becoming the fastest ETF to get there in in just 374 days

Most $MSTY ( ā–² 3.39% ) holders are still in profit, despite the ā€œnav erosionā€ crowd (but Iā€™m not looking to stir anyone up).

  • Do not mess around with YieldMax ETFā€™s in a TAXABLE account: They can only make sense in a tax-free retirement account (dividends (distributions) would be declared as common income and hammer you with taxes)

šŸš€ Stay Inspired

Although BTC has been performing amazingly (smacking the crap outta the S&P500 and gold for the last 14 years), ETH dominance has actually been up lately. Those ā€œno altā€ fellas might become a historical meme!

What would be WAY cool is getting altcoin exposure while getting paid monthly in ETH, but yā€™all ainā€™t ready for that.

šŸ”„ In Case You Missed Itā€¦

  • The penguins stay winning: Coinbase changed their X pfp to a Pudgy Penguin (first time ever using an NFT) and $PENGU moved up 3.8x. Looks like things are coming from the team that doesnā€™t miss!

  • Solana had its first week of a live ETF! And yet we heard nothing about it?  Itā€™ll be interesting to see what kind of movement this can produce!