CryptosNewss

According to fresh on-chain data from Santiment, Shiba Inu (SHIB) stands out for its extreme supply centralization, with 62% of its total supply now controlled by just ten whale wallets. This makes SHIB the most centralized among major cryptocurrencies, outpacing even well-known assets like Ethereum (ETH) and meme rival Pepe (PEPE).
Santiment’s latest figures compare the top coins by the percentage of supply held by their ten largest wallets. While stablecoins like USD Coin (USDC) show relatively low concentration 27% held by the top ten addressesassets like Ethereum and Uniswap (UNI) already show worrying levels of whale dominance at around 49% and 51%, respectively. However, Shiba Inu eclipses them all, with nearly two-thirds of its supply now sitting in the hands of its biggest holders.
This raises red flags for retail investors, especially given the lessons from previous sudden whale-driven dumps. Santiment’s report highlighted that the higher the supply concentration among elite whales, the greater the risk of sudden price swings should those whales decide to liquidate large positions.
The same risk applies even more sharply for proof-of-stake networks like Ethereum, where concentrated holdings could also mean outsized influence on governance and staking rewards. For Shiba Inu, which remains a meme coin without PoS governance, the primary concern remains price volatility.
Meanwhile, the broader crypto market sentiment has climbed into the greed zone. Alternative’s Fear & Greed Index currently reads 73, signaling that traders are leaning heavily bullish, another historical sign that a contrarian pullback could be near.
Despite these risks, SHIB’s price has climbed over 3% in the past week, now trading near $0.0000115. While the uptrend aligns with the broader meme coin revival, traders should be cautious given the significant share of supply controlled by so few wallets.
The figures also cast fresh light on the dynamics driving the meme coin ecosystem, where community hype can easily be overshadowed by whale dominance. For comparison, PEPE, another viral memecoin, has 39% of its supply concentrated among its top 10 holders still high, but far less than Shiba Inu.
As Santiment cautions, retail traders seeking lower risk should ideally look to tokens with more distributed ownership, limiting the power of whales to trigger sudden dumps or manipulation.
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#Shibalnu #SHİBA #MemeCoinMillions #$SHIB

Ripple’s plan to secure a U.S. national banking license and a Federal Reserve master account is reigniting XRP’s price dreams, with bullish analysts pointing to $50 targets.Ripple has shaken the crypto market once again by formally applying for a national banking charter in the United States, marking a major leap from fintech firm to potential regulated bank. Alongside this, Ripple is seeking a Federal Reserve master account, a move that would grant it direct access to vital U.S. payment rails such as Fedwire and FedNow.The bold push has revived optimism around XRP’s long-term value, with prominent supporters like Vincent Van Code predicting the token could reach $30 to $50 in the coming years if adoption accelerates.
XRP Price Holding Steady as Bulls Eye Major Breakout
At the time of writing, XRP trades near $2.27, supported by a strong ascending trendline and bullish technical momentum. Traders are watching closely for a breakout above the $2.38 resistance level, which could trigger a push toward $2.50 and even $3.50 by the end of 2025 if sentiment holds.
A “golden cross” formation on the daily chart signals strengthening bullish momentum. Meanwhile, open interest in XRP futures is rising, showing increased appetite among leveraged traders.
Institutions and ETF Buzz Add Fuel to $50 XRP Debate
While some skeptics argue that a $50 XRP would imply an outsized market cap, Ripple advocates counter that traditional valuation comparisons don’t fully account for XRP’s unique role in payments, CBDCs, and tokenized banking services.
Grayscale’s recent inclusion of XRP in its large-cap ETF  despite regulatory delays is seen by many as proof that Wall Street is warming up to the asset class. With Ripple’s push for banking status and real-world utility growing through RippleNet and potential partnerships like its ongoing work with Saudi Arabia, believers say the ceiling is far higher than critics claim.
What’s Next for Ripple?
Ripple’s audacious bet on becoming a regulated bank could redefine how crypto interacts with the U.S. financial system. If approved, the move would grant Ripple FDIC-insured deposit accounts and a competitive edge over many crypto rivals still operating without full regulatory clarity.
As XRP stays buoyed by technical strength and institutional interest, analysts agree the coming months could set the tone for whether this bold $50 target moves from hopeful speculation to reality.
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#Ripple #XRP $XRP

Glassnode’s James Check cautions that new Bitcoin treasury firms face shrinking opportunities as early adopters dominate the space.In a sharp warning for companies eyeing Bitcoin as a treasury asset, crypto analyst James Check, lead analyst at Glassnode, says the Bitcoin treasury strategy may be running out of road for latecomers.In a detailed post on X, Check said, “My instinct is the Bitcoin treasury strategy has a far shorter lifespan than most expect. For many new entrants, it could already be over.”According to Check, the once-booming trend that made headlines with MicroStrategy’s huge Bitcoin buys is now maturing. He believes it will soon be tough for new firms to capture market momentum “without a serious niche.”
Early Movers Hold the Crown
Data from BitcoinTreasuries shows at least 21 entities added BTC to their balance sheets in the last month alone. But the numbers are telling Michael Saylor’s Strategy (MSTR) still dominates, holding 597,325 BTC, while the second largest, MARA Holdings, holds just 50,000 BTC, about one-twelfth of MSTR’s stack.
Check argues that new entrants risk becoming just another face in an overcrowded market. “Nobody wants the 50th Treasury company,” he added, predicting that retail investors won’t have “infinite money” to fund copycats forever.
Takeover Risks and a ‘Show Me’ Phase
Echoing this sentiment, Udi Wizardheimer, co-founder of Taproot Wizards, said some startups chasing Bitcoin treasury headlines “see easy money and have no idea what they’re doing.” Wizardheimer believes weaker companies will eventually be snapped up by stronger players looking to consolidate the space.
Even so, Check clarified that he’s bullish on Bitcoin’s price overall. BTC traded at $107,990 at press time, about 3.7% off its all-time high of $111,970, per CoinMarketCap data. But when it comes to treasury strategies, he expects the market to get more selective, describing it as a spectrum: “Strategy has more runway than the 300th Bitcoin treasury company.”
Copycats Could Backfire
Meanwhile, Fakhul Miah, managing director of GoMining Institutional, told Cointelegraph that poorly managed copycat firms pose bigger risks. “If these smaller firms crash, we could see a ripple effect that hurts Bitcoin’s image,” Miah warned.
Similarly, VC firm Breed argued in a recent report that only a handful of treasury firms will withstand the next shakeout, while others could spiral into trading near their net asset value, a dynamic that could trigger a “death spiral” for some Bitcoin-backed stocks.
As the Bitcoin price edges higher, eyes will be on how these companies adapt to a market that now demands more than just headline-grabbing buys.
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#BTCWhaleMovement #BitcoinReserveDeadline #BitcoinNews $BTC

FTX creditors across 49 restricted jurisdictions, including major crypto markets like China and Russia, now face the risk of losing claims worth approximately $825 million, according to new updates in the ongoing bankruptcy proceedings.
The latest notice sets a 45-day objection window for affected users to contest the disputed claims. If creditors fail to act within this timeframe, the unresolved claims will be voided and returned to the FTX liquidation trust, which will then redistribute the funds to other eligible claimants.
China’s creditors stand to lose the most — 82% of the disputed claim value originates from China alone. Local legal restrictions are the main hurdle, as the country’s strict ban on cryptocurrency trading conflicts with FTX’s claims payout process.
The risk stems from regional laws prohibiting or severely restricting digital asset trading and distribution. These restrictions have forced the bankrupt crypto exchange to classify related claims as “disputed” under local compliance requirements.
Sunil Kavuri, a vocal advocate for FTX victims, is sounding the alarm on social media platforms like X (formerly Twitter), urging impacted creditors to file objections before the window closes.“FTX: Restricted countries disputed claims in 49 jurisdictions — only 5% allowed claims, 82% of value in China due to laws prohibiting crypto trading,” Kavuri wrote, emphasizing the dire consequences for those unable to challenge the decision in time.
This development adds fresh urgency to the FTX saga, which has left thousands of global users scrambling to recover billions after the exchange’s dramatic collapse in late 2022.
For now, creditors from China, Russia, and other impacted regions must act swiftly to protect their claim rights or risk being permanently locked out of any future payouts.
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#FTX $FTT

Ethereum (ETH) could be gearing up for a powerful breakout, with the second-largest cryptocurrency showing signs of entering the Wyckoff ‘Liftoff’ phase, according to multiple crypto analysts.ETH is up 4.2% over the past week and trading around the $2,500 mark at the time of writing, despite being down 19% on a year-over-year basis. But the current technical setup has traders betting that a sharp reversal could be on the horizon.
Wyckoff Pattern Points to Parabolic Move
Crypto trader Merlijn The Trader shared fresh analysis on X, noting that Ethereum appears to have cleared the key ‘creek’ and ‘spring’ phases of the classic Wyckoff Accumulation pattern phases that typically signal the final shakeout before a major rally.
In Wyckoff theory, the ‘creek’ represents overhead resistance, while the ‘spring’ is a bear trap that wipes out weak hands. Once the asset emerges from the spring with strength, it can enter the ‘liftoff’ phase, a period marked by aggressive buying and rapid price appreciation.
Merlijn’s chart shows ETH potentially aiming for the $3,700 resistance zone. If bulls can push through this level and retest it as new support, a new all-time high could come into view.
Other Analysts Weigh In
Crypto GEMs also pointed to Ethereum’s setup mirroring its 2024 price action. If this fractal holds, ETH could reclaim the $3,000 zone sooner than skeptics expect.
But not all analysts are on board with the bullish thesis. Noted trader Carl Moon warned that Ethereum’s four-hour chart reveals a rising wedge a pattern known for signaling downside risk. Unless ETH breaks decisively upward, Carl sees a possible pullback toward $2,200.
Network Fundamentals Remain Strong
On-chain activity is adding fuel to the narrative. CryptoGoos highlighted that Ethereum’s daily transactions are nearing record highs last seen in 2021. Meanwhile, analyst Crypto Rover said active addresses have hit a new all-time high, calling ETH below $3,000 an “absolute steal.”
Ethereum’s liquid staking metrics are equally robust, with 35.5 million ETH locked, a sign of long-term investor confidence.
At press time, ETH is changing hands near $2,522, down 3.8% over the past 24 hours, according to CoinMarketCap data.
As always, traders are watching key levels closely. A confirmed break above $3,000 could validate the Wyckoff ‘Liftoff’ thesis, but failure to hold momentum could open the door for a deeper correction.
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#Ethereum #EthereumNews $ETH

The REX-Osprey Solana Staking ETF (SSK) just made history, becoming the first U.S.-approved staking-enabled ETF and pulling in $12 million in inflows on its debut day.SSK closed its first trading session with an impressive $33 million in total volume, a clear signal that institutional investors are ready to bet big on Solana and the promise of staking rewards. Unlike traditional crypto ETFs that focus solely on spot price exposure, this product uniquely gives holders access to staking yields a feature seen as a game-changer for digital asset investing.
Regulatory Bypass: Clever or Controversial?
Solana just got its first U.S. ETF with staking rewards.The Rex-Osprey Solana ETF launched with $12M in investments and $33.6M in volume—pioneering a yield-generating structure backed by Anchorage. pic.twitter.com/luIwAH3KNH— Backdoor News (@Backdoor_News) July 3, 2025
The path to launch wasn’t without hurdles. The SEC raised concerns back in May, arguing the fund might not meet “investment company” standards under federal law. But REX-Osprey found a workaround: by allocating at least 40% of its assets into other ETPs, mostly offshore, it structured the ETF under the Investment Company Act of 1940. This creative setup avoided the lengthy 19b-4 filing that has delayed other spot crypto ETFs for years. Some see it as a smart legal move, while critics call it a loophole that could invite tighter oversight later.
A Strong Start Despite Holiday Headwinds
Industry watchers like James Seyffart called the first-day performance a “healthy start,” highlighting that the ETF hit $8 million in trading volume in just 20 minutes, despite the July 4 holiday lull. For comparison, the recent spot Bitcoin ETFs saw $4.6 billion in first-day trades, but analysts note that the Solana ETF’s early figures still outpace early futures-based Solana or XRP ETFs. Anchorage Digital, the staking partner for SSK, described the launch as a “defining moment for digital asset markets.”
Is This the Start of an ETF Summer for Altcoins?
The Solana staking ETF launch comes amid rising optimism that more altcoin ETFs could follow. Seyffart and fellow analyst Eric Balchunas now see a 95% chance that spot Solana, XRP, and Litecoin ETFs will get the green light from the SEC by year’s end. With Grayscale’s Digital Large-Cap Fund ETF conversion already done, a second wave of crypto ETF approvals looks more likely than ever.
SOL Price Steady, But Futures Soar
Interestingly, SOL’s spot price remained subdued, edging up only 3.6% in the past day. But institutional traders took notice, Solana CME futures saw record open interest hit $167 million, hinting that the real momentum is building beneath the surface. Even as SOL trades nearly 48% below its January peak, the staking-enabled ETF shows that big money is eager to earn passive yield on top of holding the coin itself.
For now, all eyes are on whether the SSK’s launch inspires other issuers to follow suit and whether this workaround becomes a roadmap for the next wave of staking ETFs.
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#SolanaETF #solana $SOL

Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, is under fire as New York-based law firm Pomerantz LLP files a major class action lawsuit claiming the company misled investors about its Bitcoin strategy.
Filed in Virginia’s Eastern District Court, the lawsuit accuses Strategy and its CEO, Michael Saylor, of hiding crucial facts between April 30, 2024, and April 4, 2025. According to Pomerantz, the firm highlighted only the impressive side of its Bitcoin holdings — showcasing metrics like BTC Yield and BTC Gain — while allegedly downplaying or omitting significant risks, including extreme price volatility and potential losses tied to new accounting requirements.
A key focus of the case is the firm’s adoption of the new crypto accounting standard, ASU 2023-08, which forces companies to disclose the real-time fair value of digital assets like Bitcoin. Previously, Strategy only reported losses when Bitcoin’s price fell and gains only when coins were sold. The switch exposed an unrealized $5.9 billion loss in early 2025, which immediately shocked the market and triggered an 8% drop in Strategy’s stock price.
Founded as a major player in Bitcoin investment since 2020, Strategy currently holds over 597,000 Bitcoins, worth approximately $65.85 billion — more than any other public company. Despite a remarkable 204% stock surge in the past year and a recent 7.7% jump to $402.28, this legal battle puts the company under intense scrutiny.
With a deadline of July 15 for investors to join the class action, the lawsuit raises tough questions about whether Strategy’s Bitcoin boom was too good to be true. Meanwhile, the crypto community and rival firms like Metaplanet, which have followed similar Bitcoin strategies, are watching the case closely.
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#MichaelSaylor #BTCReclaims110K $BTC

Bitcoin mining companies are adjusting operations as Texas heat and power market dynamics reshape production plans. Multiple mining firms reported lower Bitcoin output in June as they curtailed operations to manage soaring peak demand charges and protect long-term profitability.
Riot Platforms, one of North America’s largest Bitcoin miners, mined 450 BTC in June, a 12% drop from May’s 514 BTC. CEO Jason Les said Riot’s “economic curtailment” strategy aligns with Texas’s Four Coincident Peak (4CP) program under the Electric Reliability Council of Texas (ERCOT). The company’s voluntary participation helps stabilize the grid and cuts transmission costs tied to summer peak demand. Riot sold 397 BTC for about $41.7 million and holds 19,273 BTC as of June 30.
Cipher Mining also scaled back output, producing 160 BTC in June and selling 58 BTC. It holds 1,063 BTC in reserve. Cipher said its “proactive 4CP avoidance strategy” is key to maintaining some of the industry’s lowest power costs.MARA Holdings saw the steepest decline among major miners, with production down 25% to 211 BTC in June from 282 BTC in May. CEO Fred Thiel cited weather-related downtime and storm damage at its Texas facility as key factors, alongside the temporary use of older mining rigs. MARA continues to hold 49,940 BTC without selling any during June.
While many miners scaled back, CleanSpark expanded. The firm boosted June production by 6.7% to 445 BTC, exceeding its mid-year hashrate target of 20 EH/s. CleanSpark sold just 8 BTC in June, raising total holdings to 6,591 BTC.ERCOT’s 4CP season runs from June through September, encouraging large energy consumers to shift or curtail usage during Texas’s peak summer demand to avoid costly transmission charges. For Bitcoin miners, strategic curtailment can significantly reduce operating expenses during the most expensive grid periods.
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#BitcoinMiners $BTC

Ethereum price climbs back above $2,550, supported by bullish momentum that could soon push the asset toward $2,720 if buyers hold key levels.
Ethereum is once again showing signs of strength, trading comfortably above $2,575 and its 100-hourly Simple Moving Average, according to the latest data from Kraken. After reclaiming the $2,450 zone earlier this week, ETH extended gains past $2,550, reaching as high as $2,636 before a modest pullback.
A short-term rising channel is now in place, with immediate support around $2,570. As long as this level holds, traders expect Ethereum to attempt a move above the next major resistance zones at $2,625 and $2,650. If momentum continues, ETH could aim for $2,720 and potentially test the $2,750 to $2,800 range next.
However, the bulls need to keep price action supported above $2,520 to avoid a slide back to $2,500 or lower. A break below this zone could see ETH revisit the $2,420 or even $2,350 area, analysts say.
Technical signals are mixed but lean bullish. The hourly RSI for ETH/USD remains above 50, while the MACD shows slowing momentum but stays in positive territory for now.
Traders and investors will be watching whether Ethereum can hold its channel structure as the broader market tries to recover. A decisive push above $2,650 could confirm a fresh breakout for ETH in the days ahead.
At last check, Ethereum trades at around $2,575 with steady volume and a 7-day gain of 3.4%, CoinMarketCap data shows.
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#Ethereum✅ #EthereumNews $ETH

Dogecoin (DOGE) has bounced strongly from the lower support of its Parallel Channel, adding over 8% in the past 24 hours and sparking fresh optimism among traders. According to analyst Ali Martinez, this recovery could push DOGE toward $0.19 next, a level that sits at the midpoint of the sideways channel that has contained Dogecoin’s price for months.
The Parallel Channel pattern appears when an asset’s price consolidates between two horizontal trendlines, marking consistent highs and lows. A breakout above the upper trendline can signal strong bullish continuation, while a drop below the lower line suggests weakness. In this case, DOGE recently retested the lower boundary and confirmed support, helping the memecoin stage a swift rebound.
Martinez noted that if Dogecoin can reclaim $0.19, the next target could be the channel’s upper resistance near $0.26. That level rejected Dogecoin multiple times in May, proving to be a strong barrier. A successful push above it could trigger further upside momentum.
At press time, Dogecoin trades near $0.172, posting a weekly gain of over 7 percent, according to CoinMarketCap. From its current level, reaching $0.26 would represent a 50 percent move, a milestone that would excite bulls hoping to regain stronger momentum.
Technical patterns like this Parallel Channel highlight the importance of trendlines in guiding short-term moves. While Dogecoin’s near-term outlook looks more positive, failure to break $0.19 could keep it trapped in sideways action. Traders will be watching closely to see if DOGE can ride this bounce higher and retest the May peak.
For now, Dogecoin’s price movement reflects the broader cryptocurrency market sentiment, which continues to favor risk assets despite recent swings.
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#Dogecoin #memecoin🚀🚀🚀 $DOGE

BlackRock, the world’s largest asset manager, has hit a landmark milestone that reflects Bitcoin’s surging mainstream adoption: its spot Bitcoin exchange-traded fund (IBIT) is now generating more annual fee revenue than its flagship iShares Core S&P 500 ETF (IVV).According to a new report cited by Bloomberg, the IBIT  launched in January 2024  now pulls in $187.2 million in annual fees, surpassing IVV by about $100,000, despite the S&P 500 fund being over eight times larger in total assets.
Bitcoin Steals Wall Street’s Focus
NovaDius Wealth Management president Nate Geraci commented, “IBIT overtaking IVV in annual fee revenue is reflective of both the surging investor demand for Bitcoin and the significant fee compression in core equity exposure.”
IBIT charges an expense ratio of 0.25% on approximately $75 billion AUM, while IVV, with around $624 billion AUM, charges just 0.03%. The contrast shows how investors’ appetite for Bitcoin exposure is generating outsized revenue, despite the Bitcoin ETF’s smaller base.
Industry leaders are weighing in on the shift. Anthony Pompliano, a noted crypto entrepreneur, wrote on X that “Bitcoin has Wall Street’s full, undivided attention now.” Ben Pham, CFO of Strive Funds, declared that Bitcoin could become “the death of active management and passive indexation portfolios.”
Crypto trader Cade O’Neill added, “It says everything about where capital is headed. Institutions aren’t just curious anymore, they’re committed.” Meanwhile, James McKay of McKay Research called the report “bullish” and “probably something.”
By the Numbers
Since its debut, BlackRock’s IBIT has attracted a staggering $52.4 billion in inflows, the highest of any U.S. spot Bitcoin ETF, based on Farside data.
On Wednesday, the IBIT closed at $62.41, up 4.31% for the day, tracking Bitcoin’s price spike of 2.82% to $108,660. By comparison, BlackRock’s IVV fund edged up just 0.44% to close at $623.42.
However, Wednesday also marked the first net outflow day for U.S.-based spot Bitcoin ETFs after 15 straight days of inflows a sign of cautious profit-taking as Bitcoin hovers near record highs.
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#BitcoinETF #BlackRock⁩ $BTC

Metaplanet, the Tokyo-based investment firm known for its aggressive yet calculated Bitcoin strategy, has reported strong second-quarter earnings, underscoring the growing maturity of corporate crypto adoption models. For Q2 2025, Metaplanet posted earnings of 1.097 billion yen (approximately $7.6 million), marking a 42.4% increase compared to the previous quarter. The robust performance comes as the company’s Bitcoin holdings climbed to 13,350 BTC, valued at over $1.45 billion at current prices.
A Revenue-Generating Bitcoin Playbook
Unlike most institutional buyers who simply add Bitcoin to their treasury as a passive store of value, Metaplanet has pioneered an income-generating Bitcoin accumulation model. The strategy involves purchasing BTC at predetermined price levels while earning transaction compensation, effectively blending accumulation with operational cash flow.
This approach helps Metaplanet build significant reserves without the cash flow constraints typically linked to large-scale crypto holdings. The model has proven resilient during volatile market swings, ensuring that Bitcoin remains an active revenue stream rather than just a dormant asset.
Institutional Strategies Evolve
Metaplanet’s results highlight a clear evolution in corporate Bitcoin adoption. While companies like MicroStrategy have made headlines with massive Bitcoin stockpiles used primarily as long-term hedges against fiat inflation, Metaplanet’s method focuses on leveraging Bitcoin to actively generate earnings alongside strategic accumulation.
This innovative hybrid approach may serve as a blueprint for other institutions looking to gain exposure to crypto while minimizing balance sheet risk.
Outlook
With 13,350 BTC secured as of June 30, Metaplanet has established itself as one of the largest corporate Bitcoin holders globally, surpassing firms like Galaxy Digital and CleanSpark. Its continued revenue growth suggests that income-generating strategies could reshape how corporations approach digital asset investments in 2025 and beyond.
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#metaplanet #bitcoin $BTC

Erebor Bank, a new venture founded by Palmer Luckey with significant backing from tech heavyweights Peter Thiel and Joe Lonsdale, is stepping in to fill the gap left by Silicon Valley Bank’s (SVB) dramatic closure in 2023. The ambitious project has officially applied for a national bank license, signaling its intent to directly serve startups in the cryptocurrency and tech sectors that have struggled to find supportive banking partners since SVB’s downfall.
A Vision for Crypto and Stablecoin Banking
Erebor is spearheaded by Palmer Luckey, the visionary behind Oculus VR and Anduril Industries, with financial and strategic support from Peter Thiel’s Founders Fund and Joe Lonsdale’s 8VC. Their involvement points to Erebor’s high-stakes goal of pioneering digital asset integration in mainstream banking.
A notable detail in the bank’s application to the U.S. Office of the Comptroller of the Currency is its potential plan to include stablecoins on its balance sheet, a move that could redefine how digital assets interact with traditional banking. While Erebor has yet to specify which stablecoins it would adopt, the charter application hints at a Bitcoin focus as part of its broader digital asset strategy.
Industry Reaction Mixed, Market Watches Closely
Erebor’s plan has triggered speculation across tech forums and crypto circles, with potential partnerships and ecosystem expansions being hot topics on Telegram and X (formerly Twitter). Despite the chatter, no official endorsements or detailed partnership announcements have surfaced from Erebor’s founding team.
Industry insiders believe the new bank could carve out a valuable niche by servicing crypto-focused startups and tech innovators still grappling with limited access to banking services after the sudden void left by SVB.
Bitcoin Market Snapshot
As Erebor’s news circulates, Bitcoin (BTC) trades at $108,828.88, with a market cap of $2.16 trillion and a 24-hour trading volume of $55.3 billion, according to CoinMarketCap data from July 3, 2025. Bitcoin’s price has risen 30.93% over the past 90 days, with a 3.05% gain in the last 24 hours alone, a sign that broader sentiment around crypto remains resilient.
Will Erebor Succeed?
While Erebor’s ambitions are clear, the venture’s future hinges on regulatory approval, strategic execution, and whether it can secure trust in an industry where banks remain cautious about crypto exposure. For now, the tech community watches closely to see if Erebor can become the stablecoin-friendly banking alternative that startups have been waiting for.
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#PeterThiel #EreborBank #Bitcoin $BTC

Bitcoin (BTC) climbed near its all-time high this Wednesday, touching $109,700 after bouncing back from the $105,200 support level. The move came as the eurozone’s money supply showed fresh signs of expansion and weak labor market data emerged from the United States.Despite the price now hovering just 2% below Bitcoin’s record high of $111,970, professional traders appear hesitant to call this a sustainable breakout. According to the latest BTC derivatives data, the rally’s strength is still in question.
Futures Premium Shows Caution
One key signal is the Bitcoin futures premium, which remained under the 5% neutral threshold on Wednesday. While the premium nudged up from 4% on Monday, it remains far below levels that typically reflect strong bullish conviction.
This cautious trend has held since mid-June when the indicator last approached bullish territory during Bitcoin’s earlier attempt to breach $110,000. The tepid demand for leveraged long positions suggests that traders are still wary of macroeconomic risks.
Eurozone Liquidity and US Jobs Weakness Drive Volatility
Some analysts point to the eurozone’s record-high M2 money supply, which grew 2.7% year-over-year in April, as a potential factor behind the recent BTC spike. Combined with the latest ADP report showing US private payrolls fell by 33,000 in June, liquidity concerns and signs of a cooling labor market are driving safe-haven interest.
Meanwhile, US President Donald Trump’s renewed tariff threats on Japanese imports are stoking trade war fears. Trump signaled he may raise tariffs above 30% if no deal is struck by July 9. In response, EU Trade Commissioner Maroš Šefčovič has been tasked by eurozone ambassadors to negotiate a tougher line with Washington, although there is still disagreement across European capitals on possible retaliation.
Options Markets Show Neutral Risk Sentiment
Examining the BTC options market paints a clearer picture. If traders were bracing for a sharp correction, the 25% delta skew would spike above 6% as demand for protective put options increased. However, the metric remains flat at 0% — the same level as two days ago — signaling that traders see balanced risk either way.
This neutral stance suggests that while traders are not overly bearish, they are also not convinced Bitcoin will hold above its recent highs without a clear catalyst.
Weak Stablecoin Demand in China Adds Pressure
Another red flag is China’s Tether (USDT) discount, which has widened to 1% below the US dollar peg — the largest drop since mid-May. This means crypto investors in China are pulling capital out of digital assets rather than piling in, undermining confidence in the rally’s staying power.
Tuesday’s net outflows of $342 million from spot Bitcoin exchange-traded funds (ETFs) only added to the cautious mood among institutional players.
Traders Watch Macro Signals
With a soft futures premium, flat options sentiment, and a weak stablecoin premium in China, Bitcoin’s push towards its all-time high could face more headwinds if macroeconomic uncertainties persist.
Whether BTC can convincingly break and hold above the $110,000 level will likely depend on new economic data, trade war developments, and sustained institutional inflows.
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#BTCBreaksATH110K #BitcoinPredictions $BTC

JPMorgan Chase has fired a warning shot at stablecoin issuer Circle (CRCL), forecasting a sharp correction for the stock that has surged nearly six times since its recent market debut.According to Bloomberg, JPMorgan analyst Kenneth Worthington has set a price target of $80 for Circle, which would mark a massive 56% drop from its current trading price of $182. The stablecoin firm, which went public on June 5, is still up about 487% from its IPO price of $31, but down roughly 39% from its all-time high of $299 reached just days ago on June 23.
Competition Could Eat Into Circle’s Lead
Worthington pointed to rising competition as the main threat to Circle’s explosive growth. He said the launch of tokenized deposit accounts, digital money market funds, and new players moving into the digital dollar space could quickly erode Circle’s market share. The analyst warned that switching costs in this industry are low, giving new entrants a real chance to scale quickly.
“We are witnessing the launch of tokenized deposit accounts, digital money market funds, and a host of new entrants looking to enter into the digital dollar market. The risk is that a few will succeed in taking enough share to reach critical mass in a business with low switching costs, allowing them to leverage the network built by Circle,” Worthington explained.
Retail giants Amazon and Walmart are reportedly among the companies exploring stablecoin issuance, adding to the competitive squeeze.
Barclays Remains Optimistic
While JPMorgan rings alarm bells, Barclays sees Circle’s future in a more bullish light. Barclays analyst Ramsey El-Assal maintains a price target of $215, arguing that stablecoins pegged to the US dollar will keep gaining traction as traditional finance (TradFi) firms adopt digital assets.
Circle currently boasts a market capitalization of over $40 billion and a lofty price-to-earnings (P/E) ratio of 234, underscoring the company's continued high valuation despite its pullback from June’s peak.
Mixed Views Highlight Uncertain Road Ahead
Circle’s stock was down about 39% from its June high when this report was filed, yet it remains one of the year’s standout crypto-linked IPOs. Whether JPMorgan’s bearish scenario or Barclays’ optimistic vision plays out will depend on how effectively Circle can defend its market share as the stablecoin space heats up.
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#Circle #JPMorgan #JPmorganAnalysis $BTC

Bitcoin (BTC) continues to test traders’ nerves this week as the world’s largest crypto dropped 1.79% in the past 24 hours to hover around $105,560, according to CoinMarketCap. The slide comes just as the third quarter begins, a period that’s historically one of Bitcoin’s weakest.Yet, the broader crypto mood remains resilient. The popular Crypto Fear & Greed Index held its ground at 63 out of 100 on Wednesday, dipping only one point from the previous day but still firmly in “Greed” territory. This suggests traders are staying optimistic, even as Bitcoin struggles to retest its all-time high of $111,970, hit on May 22.
Historical Patterns and Cautious Optimism
Crypto trader Daan Crypto Trades highlighted that Q3 typically underperforms compared to the rest of the year. “From the historical data, this quarter is generally the slowest out of all, for both $BTC and $ETH,” Daan noted.
Since 2013, Bitcoin has averaged a 5.47% gain during Q3. If this seasonal trend repeats, BTC could end September near $111,000, just shy of its record high.
Part of this lull, Daan explained, is tied to the quieter summer stretch when global markets see lower liquidity and volume. Despite this, Bitcoin’s Q2 performance provided bulls with some hope — the coin closed out June with a 31% quarterly gain, slightly outperforming its average Q2 return of 27% since 2014. June also delivered Bitcoin’s strongest monthly candle this year.
Market Signals Still Favor Bitcoin
Market data shows Bitcoin dominance at 65.5%, nearly 13% higher than at the start of the year, according to TradingView. This suggests that, despite some short-term caution, traders still favor BTC over altcoins.
The CoinMarketCap Altcoin Season Index, which measures the performance of the top 100 altcoins relative to Bitcoin over 90 days, sits at 20 out of 100 — deep in “Bitcoin Season” territory, showing that altcoins remain overshadowed by the king crypto.
However, not everyone is fully convinced about an immediate rally. CryptoQuant’s head of research, Julio Moreno, said their Bitcoin Bull Score Metric dropped into neutral territory this week. “Bitcoin Bull Score is in NEUTRAL territory now, 50. Needs to be 60 or above for prices to sustain a rally,” Moreno noted on Wednesday.
Outlook: Will Bitcoin Break the Q3 Curse?
For now, the combination of steady sentiment, strong dominance, and historical patterns suggests traders should stay cautious but alert for opportunities. If Bitcoin can buck its seasonal trend, a sustained push past $108,000 could revive momentum toward fresh highs.
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#BTC110KToday? #BitcoinDunyamiz #bitcoin $BTC

Binance, the world’s largest crypto exchange, will keep hundreds of remote employees in Singapore even as the city-state’s regulators clamp down on digital asset firms serving offshore markets without a license.The Monetary Authority of Singapore (MAS) gave crypto companies until June 30 to secure licenses or halt operations if they’re incorporated locally but serve customers abroad. Major exchanges like Bitget and Bybit are now considering shifting staff to other jurisdictions.
According to Bloomberg, despite Singapore's tightening regulation of unlicensed crypto businesses, Binance still plans to retain hundreds of remote workers in Singapore. These employees are mainly engaged in back-end compliance, human resources, data analysis and technical…— Wu Blockchain (@WuBlockchain) July 1, 2025
However, Binance’s structure gives it a way around this tightening oversight. According to Bloomberg, more than 400 Binance employees remain based in Singapore, but their roles are mostly internal, covering compliance, tech development, HR, and data operations. By working remotely for the global exchange and not directly serving local clients, these workers sit outside the new licensing net.
Remote-First Keeps Binance Out of Direct Scope
Singapore has long marketed itself as a crypto-friendly hub in Asia, but the collapse of big players like Three Arrows Capital in 2022 pushed MAS to strengthen oversight of the sector.
The latest measure draws a clear line: Singapore-incorporated crypto firms providing services abroad must hold a local license or stop operations. But Binance, which has no formal headquarters and calls itself “remote-first,” appears largely untouched.
Under the Financial Services and Markets Act 2022, remote employees in Singapore are not required to hold a license if they work for a foreign crypto firm that does not serve local customers. This legal loophole means Binance’s Singapore-based back-office team can continue operations with little disruption.
LinkedIn data reviewed by Bloomberg shows over 400 professionals list Singapore as their work location with Binance. The company has been on MAS’s Investor Alert List since 2021, blocking it from serving Singaporean retail clients directly. Even so, Binance’s local presence has never fully disappeared, highlighting how borderless remote work models still test national crypto regulation frameworks.
Tighter Rules But Loopholes Remain
As MAS tightens its grip on local crypto activities, the Binance case shows how global exchanges can sidestep certain rules by structuring operations offshore and keeping customer-facing services beyond local borders.
While rivals like Bybit and Bitget prepare to move parts of their workforce, Binance’s stay-put approach reveals the practical limits of enforcement in a decentralized, remote-first industry.
With more jurisdictions now studying Singapore’s evolving crypto rules, the effectiveness of such licensing frameworks will likely shape how crypto giants operate their global teams in the years ahead.
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#binaceofficial #BinanceAlphaAlert $BNB

Pi Coin (PI) price slipped below the crucial $0.50 level again this week, deepening its bearish streak as rising stablecoin adoption eats into Pi Network’s growth narrative. At the time of writing, Pi trades at $0.4908, down over 3% in the past 24 hours, with daily trading volume easing to $92.6 million. While Pi hovers between $0.5142 and $0.4834, its Relative Strength Index (RSI) sits at 35, signaling the token is entering oversold territory. Historically, this often creates buying opportunities for traders looking to re-enter at lower levels.
Stablecoins Squeeze Pi’s Appeal
Renowned crypto analyst Kim H Wong explained that the explosive popularity of stablecoins is a core reason Pi struggles to hold momentum. With stablecoins like USDT and USDC pegged to real-world assets, they offer unmatched price stability, strong regulatory clarity, and wide adoption that Pi Network’s model currently lacks.
The passage of the GENIUS Act in the US Senate has further boosted investor confidence in stablecoins, giving them an edge over volatile tokens like Pi Coin.
Still, Wong pointed out that Pi Network’s mobile-first mining, massive 65 million user base, and simple referral system remain unique strengths that could support future growth. Pi’s recent rollout of its AI-powered Pi App Studio, which allows no-code app creation, is seen as a big step toward building real-world use cases that can compete with stablecoins.
Can Pi Coin Break $0.4?
The biggest fear among Pi holders now is whether the price could crash below its all-time low of $0.4012. While market sentiment is shaky, one veteran analyst dismissed these concerns, noting that the Pi Core Team controls nearly 90% of the total supply and is unlikely to let the token slip under $0.40.
If Pi Coin were to lose that level, its market cap could tumble out of the top 30 crypto assets, denting investor confidence further. To prevent that, the core team is expected to hold the floor above $0.4, keeping Pi relevant and positioned for a potential rebound.
Meanwhile, the wider crypto market remains cautious. The total crypto market cap fell 0.6% today to $3.29 trillion, with Bitcoin and Ethereum both seeing slight losses.
Outlook: Oversold May Mean Opportunity
While Pi Coin faces intense competition from stablecoins, its oversold RSI and strong core team backing hint that a short-term bounce is possible. Long-term recovery will depend on how effectively Pi Network can deliver real-world utility through its expanding ecosystem.
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#PiNetworkMainnet #PICoin $BTC

DeFi Development, newly dubbed the “Solana’s MicroStrategy,” has announced a bold $100 million private convertible note sale to scoop up massive amounts of Solana (SOL) for its treasury. The move echoes MicroStrategy’s famed Bitcoin accumulation playbook but swaps BTC for Solana.The announcement triggered immediate market reactions. DeFi Development’s stock plunged more than 9% in after-hours trading, signaling investors’ mixed confidence in the plan. The company says it could expand the offering to $125 million, with the notes maturing in 2030.
1/ Today, we announce a $100M private convertible note offering, with plans to accumulate more $SOL . 🚀Here’s what it means. 🧵 pic.twitter.com/LGdJAuKDM6— DeFi Dev Corp. (@defidevcorp) July 1, 2025
From Real Estate to DeFi
DeFi Development, once known as Janover, fully pivoted to crypto after rebranding this April. The firm is betting its future on Solana despite recent hurdles, including the SEC rejecting its previous $1 billion securities plan to buy SOL. Now, it’s using alternative funding routes to make its accumulation strategy a reality.
An undisclosed portion of the raised funds will also go to stock buybacks through a prepaid forward structure, showing an effort to balance shareholder value and crypto exposure.
Can It Work Like MicroStrategy?
MicroStrategy’s steady Bitcoin buys helped fuel long-term BTC confidence. DeFi Development wants to bring that same momentum to Solana’s ecosystem. However, SOL’s market performance remains rocky. After a short rally in late May, Solana’s price tumbled over 6% today alone and faces continued bearish sentiment in July.
Analysts warn that raising $100 million from investors may prove challenging, especially with SOL’s volatile price action. If institutional appetite falls short, the plan could stall before reaching scale.
Still, if successful, DeFi Development could become a significant market mover for Solana. It would be the first major public company to adopt a large-scale Solana acquisition strategy, potentially propping up SOL’s price and boosting confidence in the token’s long-term growth.
Investors Watch Next Moves
For now, DeFi Development’s bold bet highlights the evolving strategies of publicly traded firms entering the crypto space beyond Bitcoin. Whether the plan succeeds or not, it could set a new precedent for multi-billion-dollar crypto treasuries outside of BTC.
The coming weeks will reveal if investors back the company’s $100 million offering or if market skepticism keeps Solana’s MicroStrategy dream out of reach.
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#DeFiDevelopmentCorp #solana $SOL

Ripple’s XRP just received a major boost as the U.S. Securities and Exchange Commission (SEC) officially approved Grayscale’s new multi-token ETF, which includes XRP alongside Bitcoin, Ethereum, Solana, and Cardano. The ETF is set to become the world’s largest multi-asset crypto fund, marking a milestone for the industry.This move is also fueling speculation that standalone spot ETFs for XRP, Solana, and Cardano could follow soon. Spot ETFs directly track real-time crypto prices, and their approval often acts as a strong catalyst for prices.
XRP Price Holds Above Key Resistance
Since the ETF news broke, XRP price action has picked up. The coin broke through a key resistance zone between $2.19 and $2.20, and traders are watching closely to see if it can confirm this as new support.
If XRP stays above $2.20, the next major resistance level is around $2.25, with analysts forecasting a possible wick toward $2.32 to $2.35, an area where sellers may exert pressure. If XRP fails to maintain this level, it could slip back toward $2.10 or even $2.05, resetting the trend.
Analysts Weigh In on What’s Next for XRP
Market expert Casi Trades said, “After hitting $2.30, XRP couldn’t hold $2.25 as support and is now retesting the top of its prior consolidation around $2.18 to $2.16. This level is crucial. If it breaks below, the next support sits near $1.90.”
However, early signs show that sellers are weakening, suggesting that this pullback could be temporary. A strong reclaim of $2.25 could clear the path toward $2.69 and beyond, potentially kickstarting a fresh rally for XRP holders.
All Eyes on Spot ETF Momentum
With Grayscale’s multi-crypto ETF paving the way, traders are increasingly betting that individual spot XRP ETFs could follow, boosting institutional exposure and liquidity for Ripple’s native token.
The coming days will be critical for XRP’s trend. Whether it defends the $2.19 to $2.20 support will likely set the tone for a larger move heading into the second half of 2025.
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#RippleUpdate #XRPPredictions #SEC $XRP