Happy Monday!

Bitcoin’s recent uptrend could be coming to an end and even reverse in the near future, according to a new 10x Research report: Here are three reasons why.

Ethereum treasury companies are increasingly resembling asset management firms, but that comes with risk. Why is that?

Plus, Benzinga’s “Perfect Stocks” Portfolio is up 20% YTD, and on Wednesday, you’ll find out why — click here to reserve your free spot to our webinar where Tim Melvin, Anne-Marie Baiynd and Ryan Faloona will uncover the exact setups driving results.

TOP STORY

Bitcoin May Turn Range-Bound Soon For These 3 Reasons: 10x Research

Bitcoin’s recent rally, in light of catalysts such as corporate earnings, the upcoming White House digital asset report and the FOMC meeting, could lose momentum once these events conclude.

According to a report by 10x Research, with no major triggers ahead and August and September being historically weak months for crypto, Bitcoin may trade sideways or retrace unless new catalysts emerge.

The research notes that Bitcoin’s latest price movements have been closely tied to short bursts of momentum rather than sustained trends, with each major rally triggered by events such as ETF approvals, Fed policy signals or political developments.

So why exactly could Bitcoin retrace after these catalysts?

Read the full scoop here. 

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QUICK N DIRTY

Bitcoin, Ethereum, XRP, Dogecoin are moving sideways on Monday, even though the U.S. struck a record trade deal with the EU. What’s driving the market today?

Bitcoin miners Marathon Digital and CleanSpark have avoided the AI hype, and that’s working out well for them. Here’s why.

SUI is joining the ranks of other altcoins like Ethereum in getting its own treasury company. Here’s who’s investing — and how much.

FINTECH FOCUS

Ethereum-Native Treasuries Tipped To Rival Wall Street, But Face Major Risks: Bernstein

A new report by Bernstein analysts identifies Ethereum-native treasury companies — protocols that help DAOs manage, deploy and grow on-chain capital — as one of the most promising and underexplored areas in DeFi.

The report argues that these firms could eventually rival traditional asset managers and financial operating systems in both value and influence.

But the opportunity comes with serious caveats.

While these treasury platforms — such as Karpatkey, Llama and Avantgarde — offer more transparency and real-time capital execution than their TradFi counterparts, Bernstein notes they are vulnerable to centralization risks, particularly in governance token distribution and control.

What’s next for Ethereum treasury companies?

Read the full scoop here. 

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