$120K Bitcoin In Sight: 90-Day US–China Tariff Truce Fuels Market Optimism

ARO Network, a startup focused on decentralized cloud infrastructure, just secured $2.1 million in funding to expand its platform, which aims to improve AI and content delivery by leveraging edge computing. Essentially, they’re building a distributed network that could make data processing faster and more efficient by moving it closer to users—think less lag for streaming, gaming, or AI applications.

Bitcoin flirted with the $120,000 mark but got turned away, slipping back to around $118,900. Now, there’s a twist—big players (whales) are dumping more Bitcoin into Binance, which could push prices even lower, possibly down to $110,000. It’s a classic tug-of-war between resistance levels and whale movements.

Editor’s Note: For crypto traders, this isn’t just another price wobble—it’s a signal that whales might be preparing to sell, which could drag Bitcoin down further. If you’re holding or trading BTC, these whale moves are worth watching because they often foreshadow bigger price swings.

Nasdaq-listed company Upexi is making a big move in the crypto space by setting up a $500 million equity facility—basically a financial tool to raise funds—specifically to beef up its holdings in Solana (SOL). This signals a major bet on the blockchain platform, suggesting Upexi sees long-term value in Solana despite the crypto market's ups and downs.

Editor’s Note: When a publicly traded company like Upexi doubles down on a crypto asset, it’s not just another trade—it’s a vote of confidence in Solana’s future. This could ripple through the market, influencing investor sentiment and maybe even nudging other firms to take crypto holdings more seriously. For Solana enthusiasts, it’s a bullish sign; for skeptics, it’s at least proof that institutional interest isn’t fading. Either way, it’s a headline worth watching.

Crypto investment products just had another big week, pulling in $1.9 billion according to CoinShares. That makes 15 straight weeks of money flowing into the space—a clear sign that institutional investors aren’t spooked by market swings. Ethereum stole the spotlight with particularly strong demand, though the report didn’t dive into specifics.

Editor’s Note: Even when crypto prices zigzag, big money keeps betting on the long game. This streak of inflows suggests growing confidence in digital assets as a legit part of portfolios, not just a hype cycle. Ethereum’s standout moment could hint at shifting preferences as the market evolves. For everyday investors, it’s a pulse check: the pros are still leaning in.

Ethereum ETFs are having a big moment, with BlackRock’s ETHA fund climbing to become the fourth-largest ETF by inflows over the past 30 days. The broader category of spot Ethereum ETFs is nearing a major milestone—$10 billion in total inflows this month—with $9.3 billion already locked in as of late July. Investors are clearly piling into these funds, signaling strong confidence (or at least strong interest) in Ethereum’s future.

Editor’s Note: This isn’t just about Ethereum—it’s a sign that crypto is going mainstream in the investment world. BlackRock, a giant in traditional finance, is now a major player in crypto ETFs, and the rush of money into these funds suggests institutional and retail investors alike are betting big on ETH. If inflows keep up, it could further legitimize crypto as an asset class and push Ethereum’s price (and influence) even higher. Keep an eye on that $10B mark—it’s a psychological milestone that could drive even more attention.