🚀 Market & ETF Highlights
Solana (SOL) Spot ETF Launches Today
The REX‑Shares/Osprey Solana spot ETF (ticker SSK) begins trading July 2 in the U.S., offering on‑chain staking—first of its kind. Early reports suggest SOL spiked ~6%, hitting a high near $158 before settling ~146–152 range .
Grayscale’s Multi‑Crypto ETF Update
SEC provided updates today about Grayscale's large‑cap crypto ETF conversion, covering BTC, ETH, XRP, SOL, ADA — watch for imminent approval decisions .
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📈 Price Movements & Outlook
SOL surged on ETF launch, then pared gains to ~$148.37, up ~3.2% weekly; forecast targets range from $167 to $190 .
XRP faces a critical test around $2.30; technicals suggest potential dip toward $1.82 if resistance holds .
Bitcoin enters July with bullish seasonality—analysts expect 9–12% gains, possibly reaching $112K–$116K based on historical July trends .
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🔧 Mining & Infrastructure
Bitcoin Mining Revenue Down
Hash rate dropped from ~943 to ~828 EH/s as of June 30; miner income hit a two‑month low. Meanwhile, BTCBULL raised $7.8M, with token claims starting July 2 .
Ethereum Giant Expands Treasury
SharpLink Gaming increased ETH holdings to ~198,000 and is fully deploying for staking rewards, earning ~222 ETH since June 2 .
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🌍 Exchanges & Regulation
Binance Alpha Adds Echo Protocol (ECHO)
Echo Protocol listing goes live today on Binance Alpha, boosting token visibility .
Bybit Introduces MiCAR‑Compliant EU Platform
Bybit.eu launches under EU MiCAR regulation, targeting 450 million EU users .
New Crypto Initiatives by Major Firms
Fiserv plans its own stablecoin launch; SoFi revives crypto services; Coinbase prepares to offer crypto futures/perpetuals in July .
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⚠️ Security & Altcoin Trends
Crypto Hacks Reach $2.1 B in H1 2025
Over 75 hacks/exploits stole ~$2.1 B from users, a fresh record .
Altcoin Season at 2‑Year Low
Altcoin season indicator hit its lowest point since 2023—historically a precursor to an altcoin rally in coming months .
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📌 What to Watch Today
Event Why It Matters
SOL ETF & staking launch Could drive institutional inflows
BTC seasonal momentum July historically strong—$112K+ potential
XRP resistance test Breakout could signal altcoin resurgence
Mining outlook Lower hashrate may affect miner health...
---#koolwisper