😃 July Is Bullish For BTC And ETH

Plus, why CRCL is not the main 'stablecoin play'

Happy Thursday!

Bitcoin and Ethereum are poised for a bullish July, according to experts. But only one of them is currently ‘underowned’ — which one?

Arthur Hayes has shared his ‘stablecoin play’ to capitalize on the sector’s growth — but it isn’t the rising star Circle.

Plus, stop drowning in noise from scattered trading sources that don't work together. Get our exclusive Benzinga Wire stories, filtering that actually works and everything integrated in one platform.

P.S.: Don’t forget — no newsletter going out tomorrow and happy holiday!

TOP STORY

Crypto markets could see a shift this July, but analysts emphasize that Bitcoin’s movement around the $110,000 mark will determine whether the market breaks higher or stays in a holding pattern.

According to Iliya Kalchev, analyst at Nexo Dispatch, this summer may break from the traditional slowdown seen in past July-to-September periods.

Kalchev noted that steady inflows into crypto exchange-traded funds (ETFs), alongside continued corporate accumulation of Bitcoin and Ethereum, are helping build a foundation for further upside.

Still, the outlook isn’t entirely straightforward.

What can you expect for July?

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QUICK N DIRTY

Bitcoin, Ethereum, XRP and Dogecoin are surging ahead of the holiday weekend, and there are plenty of reasons to be bullish: here’s why.

Anthony Scaramucci thinks the recent Bitcoin treasury company frenzy will fade over time. Here’s what he said in a recent interview.

Crypto treasury companies are all the rage now, but there are risks that the companies need to manage, a new report cautions.

FINTECH FOCUS

Arthur Hayes has laid out a detailed case for why the U.S. government, through Treasury Secretary Scott Bessent’s policies, is increasingly leaning on stablecoins as a financial tool to help fund growing federal deficits while keeping bond yields contained.

“Some of you are still waiting for monetary Godot,” Hayes wrote, warning investors not to sit on the sidelines waiting for a traditional QE announcement.

“The stablecoin Trojan horse is already inside the fortress, and when it opens, it’s not armed with libertarian dreams, it’s loaded with T-bill buying liquidity.”

So, what’s his play to capitalize on this stablecoin growth?

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