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Wyoming Selects Aptos and Solana for First U.S. State-Backed Stablecoin WYSTTLDR: Wyoming chooses Aptos and Solana for state-backed stablecoin WYST deployment. LayerZero enables WYST to operate across multiple chains seamlessly. Aptos gains state recognition amid rising stablecoin volume and low fees. Solana sentiment remains strong despite oversold signals in technical charts. Wyoming’s Stable Token Commission has picked Aptos and Solana as the top blockchain platforms to host WYST, the first fiat-backed stablecoin issued by a U.S. state.  The decision comes as part of the state’s growing effort to lead in blockchain policy and digital finance innovation. WYST will be backed by U.S. dollars and deployed across multiple chains using LayerZero’s interoperability framework.   The move positions Wyoming ahead of federal delays in stablecoin regulation and sets a new benchmark for state-level crypto adoption. It also signals increasing institutional interest in Aptos and Solana as high-performance blockchain platforms. Aptos and Solana Score Highest for WYST Rollout According to Aptos Labs, Wyoming’s Stable Token Commission gave top marks to both Aptos and Solana in evaluating blockchains for the WYST project.   WYST, which stands for Wyoming Stable Token, will utilize the high-speed capabilities of both chains to ensure smooth and efficient transactions. Aptos offers sub-second finality, while Solana is known for its capacity to handle over 65,000 transactions per second. The Wyoming Stable Token Commission has placed Aptos as the highest-scoring blockchain candidate for WYST—the first fiat-backed stablecoin issued by a U.S State—tying for 1st place with Solana. WYST will be deployed using @LayerZero_Core. pic.twitter.com/CMUyRbs4Gq — Aptos (@Aptos) June 20, 2025 The Commission’s move reflects a focus on speed, scalability, and transaction efficiency as key factors in the platform selection. Aptos added that it currently supports over $30 billion in monthly stablecoin volume and maintains low transaction fees of around $0.00055. To support the project’s cross-chain architecture, WYST will integrate LayerZero’s messaging protocol. This will allow the stablecoin to move across different blockchains without sacrificing security or performance.   By connecting Aptos and Solana through LayerZero, Wyoming aims to maximize WYST’s usability across the broader crypto ecosystem. The technical setup offers a flexible infrastructure that enhances liquidity and accessibility, a critical requirement for state-level financial tools. The multi-chain approach also aligns with broader industry efforts to break down blockchain silos and encourage open finance networks. Wyoming Leads U.S. States in Blockchain Innovation Wyoming has passed over 20 blockchain-related laws, reinforcing its status as a leading crypto-friendly jurisdiction. The state’s proactive stance contrasts with the federal government’s slower regulatory response, especially concerning privately issued stablecoins like Tether. Wu Blockchain noted the significance of this development, stating it signals a new phase of state-level crypto adoption. The selection of Aptos and Solana highlights the importance of secure, scalable platforms in state-backed financial applications. The U.S. Wyoming Stablecoin Committee announced that Aptos and Solana have become the preferred blockchain platforms for the WYST project. WYST is a stablecoin issued by the US state government and backed by fiat currency. It plans to achieve multi-chain deployment through… — Wu Blockchain (@WuBlockchain) June 20, 2025 Market analysts from AlvaApp noted that institutional confidence in both Aptos and Solana has strengthened with the WYST announcement.  Aptos shows strong DeFi growth but remains range-bound under $4.60. Meanwhile, Solana is riding high on ETF speculation, though recent charts show oversold conditions around the $141 level.  The WYST project gives both blockchains a new layer of legitimacy, potentially attracting more use cases and liquidity. With regulatory frameworks now emerging at the state level, blockchain integration into public finance could see rapid expansion.   The post Wyoming Selects Aptos and Solana for First U.S. State-Backed Stablecoin WYST appeared first on Blockonomi.

Wyoming Selects Aptos and Solana for First U.S. State-Backed Stablecoin WYST

TLDR:

Wyoming chooses Aptos and Solana for state-backed stablecoin WYST deployment.

LayerZero enables WYST to operate across multiple chains seamlessly.

Aptos gains state recognition amid rising stablecoin volume and low fees.

Solana sentiment remains strong despite oversold signals in technical charts.

Wyoming’s Stable Token Commission has picked Aptos and Solana as the top blockchain platforms to host WYST, the first fiat-backed stablecoin issued by a U.S. state. 

The decision comes as part of the state’s growing effort to lead in blockchain policy and digital finance innovation. WYST will be backed by U.S. dollars and deployed across multiple chains using LayerZero’s interoperability framework.  

The move positions Wyoming ahead of federal delays in stablecoin regulation and sets a new benchmark for state-level crypto adoption. It also signals increasing institutional interest in Aptos and Solana as high-performance blockchain platforms.

Aptos and Solana Score Highest for WYST Rollout

According to Aptos Labs, Wyoming’s Stable Token Commission gave top marks to both Aptos and Solana in evaluating blockchains for the WYST project.  

WYST, which stands for Wyoming Stable Token, will utilize the high-speed capabilities of both chains to ensure smooth and efficient transactions. Aptos offers sub-second finality, while Solana is known for its capacity to handle over 65,000 transactions per second.

The Wyoming Stable Token Commission has placed Aptos as the highest-scoring blockchain candidate for WYST—the first fiat-backed stablecoin issued by a U.S State—tying for 1st place with Solana.

WYST will be deployed using @LayerZero_Core. pic.twitter.com/CMUyRbs4Gq

— Aptos (@Aptos) June 20, 2025

The Commission’s move reflects a focus on speed, scalability, and transaction efficiency as key factors in the platform selection. Aptos added that it currently supports over $30 billion in monthly stablecoin volume and maintains low transaction fees of around $0.00055.

To support the project’s cross-chain architecture, WYST will integrate LayerZero’s messaging protocol. This will allow the stablecoin to move across different blockchains without sacrificing security or performance.  

By connecting Aptos and Solana through LayerZero, Wyoming aims to maximize WYST’s usability across the broader crypto ecosystem.

The technical setup offers a flexible infrastructure that enhances liquidity and accessibility, a critical requirement for state-level financial tools. The multi-chain approach also aligns with broader industry efforts to break down blockchain silos and encourage open finance networks.

Wyoming Leads U.S. States in Blockchain Innovation

Wyoming has passed over 20 blockchain-related laws, reinforcing its status as a leading crypto-friendly jurisdiction. The state’s proactive stance contrasts with the federal government’s slower regulatory response, especially concerning privately issued stablecoins like Tether.

Wu Blockchain noted the significance of this development, stating it signals a new phase of state-level crypto adoption. The selection of Aptos and Solana highlights the importance of secure, scalable platforms in state-backed financial applications.

The U.S. Wyoming Stablecoin Committee announced that Aptos and Solana have become the preferred blockchain platforms for the WYST project. WYST is a stablecoin issued by the US state government and backed by fiat currency. It plans to achieve multi-chain deployment through…

— Wu Blockchain (@WuBlockchain) June 20, 2025

Market analysts from AlvaApp noted that institutional confidence in both Aptos and Solana has strengthened with the WYST announcement. 

Aptos shows strong DeFi growth but remains range-bound under $4.60. Meanwhile, Solana is riding high on ETF speculation, though recent charts show oversold conditions around the $141 level. 

The WYST project gives both blockchains a new layer of legitimacy, potentially attracting more use cases and liquidity. With regulatory frameworks now emerging at the state level, blockchain integration into public finance could see rapid expansion.

 

The post Wyoming Selects Aptos and Solana for First U.S. State-Backed Stablecoin WYST appeared first on Blockonomi.
Coinbase Secures Major EU License, Opens Door to 450 Million Crypto UsersTLDR: Coinbase secures MiCA license, allowing access to all 27 EU member states. Luxembourg selected as Coinbase’s official European crypto operations hub. MiCA framework removes need for individual national regulatory approvals. Coinbase now serves up to 450 million users under a unified compliance model. Coinbase has taken a major step in its European expansion by securing the Markets in Crypto-Assets (MiCA) license. This approval, granted by Luxembourg’s top financial regulator, allows the company to offer regulated crypto services across all 27 EU nations.  The move is part of the exchange’s broader plan to centralize operations under the new EU crypto framework. As a result, the company will now serve a potential user base of 450 million within a single legal structure.  This development could reshape how crypto platforms scale within Europe’s regulatory landscape. Coinbase Gains Full Regulatory Access Across EU According to Coinbase, the license was issued by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF).  With this approval, Coinbase can now operate a full suite of crypto services under a single compliance standard. The unified MiCA framework removes the need to navigate different national rules in each EU country.  Hence, the exchange becomes one of the first major crypto firms to fully comply with MiCA’s guidelines. This could give it a competitive edge as the EU moves toward harmonized regulation. Coinbase confirmed that it will set up its official European hub in Luxembourg. The country was selected for its strong regulatory clarity and blockchain-friendly policies. Officials in Luxembourg have already passed several laws to support digital asset growth.  By choosing Luxembourg, Coinbase aligns itself with a market that has shown consistent support for financial innovation. Moreover, the decision places Coinbase at the heart of the European financial ecosystem. Long-Term Expansion Strategy in Europe Coinbase had already been working with several EU regulators before MiCA’s full rollout. The company holds individual licenses in countries including France, Germany, and Ireland.  With the MiCA framework in effect, Coinbase plans to streamline these operations under one umbrella. This strategy allows for broader market reach with fewer regulatory obstacles. It also offers a uniform approach to compliance and consumer protection. Wu Blockchain noted that this milestone gives Coinbase access to 450 million potential users under the EU’s shared market rules. Besides enabling wider service delivery, the license signals Europe’s growing role in global crypto regulation.  Coinbase has secured its Markets in Crypto-Assets (MiCA) licence from Luxembourg’s CSSF, allowing it to offer regulated crypto services across all 27 EU member states. The company will establish its European crypto hub in Luxembourg, enabling access to 450 million users under a… — Wu Blockchain (@WuBlockchain) June 20, 2025   The exchange expects the new framework to support long-term industry growth. The company also called on policymakers to maintain momentum in rolling out additional digital asset policies. Coinbase’s MiCA license sets a new precedent for centralized crypto regulation in Europe. It also strengthens the firm’s presence as a global crypto service provider.   The post Coinbase Secures Major EU License, Opens Door to 450 Million Crypto Users appeared first on Blockonomi.

Coinbase Secures Major EU License, Opens Door to 450 Million Crypto Users

TLDR:

Coinbase secures MiCA license, allowing access to all 27 EU member states.

Luxembourg selected as Coinbase’s official European crypto operations hub.

MiCA framework removes need for individual national regulatory approvals.

Coinbase now serves up to 450 million users under a unified compliance model.

Coinbase has taken a major step in its European expansion by securing the Markets in Crypto-Assets (MiCA) license. This approval, granted by Luxembourg’s top financial regulator, allows the company to offer regulated crypto services across all 27 EU nations. 

The move is part of the exchange’s broader plan to centralize operations under the new EU crypto framework. As a result, the company will now serve a potential user base of 450 million within a single legal structure. 

This development could reshape how crypto platforms scale within Europe’s regulatory landscape.

Coinbase Gains Full Regulatory Access Across EU

According to Coinbase, the license was issued by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). 

With this approval, Coinbase can now operate a full suite of crypto services under a single compliance standard. The unified MiCA framework removes the need to navigate different national rules in each EU country. 

Hence, the exchange becomes one of the first major crypto firms to fully comply with MiCA’s guidelines. This could give it a competitive edge as the EU moves toward harmonized regulation.

Coinbase confirmed that it will set up its official European hub in Luxembourg. The country was selected for its strong regulatory clarity and blockchain-friendly policies. Officials in Luxembourg have already passed several laws to support digital asset growth. 

By choosing Luxembourg, Coinbase aligns itself with a market that has shown consistent support for financial innovation. Moreover, the decision places Coinbase at the heart of the European financial ecosystem.

Long-Term Expansion Strategy in Europe

Coinbase had already been working with several EU regulators before MiCA’s full rollout. The company holds individual licenses in countries including France, Germany, and Ireland. 

With the MiCA framework in effect, Coinbase plans to streamline these operations under one umbrella. This strategy allows for broader market reach with fewer regulatory obstacles. It also offers a uniform approach to compliance and consumer protection.

Wu Blockchain noted that this milestone gives Coinbase access to 450 million potential users under the EU’s shared market rules. Besides enabling wider service delivery, the license signals Europe’s growing role in global crypto regulation. 

Coinbase has secured its Markets in Crypto-Assets (MiCA) licence from Luxembourg’s CSSF, allowing it to offer regulated crypto services across all 27 EU member states. The company will establish its European crypto hub in Luxembourg, enabling access to 450 million users under a…

— Wu Blockchain (@WuBlockchain) June 20, 2025

 

The exchange expects the new framework to support long-term industry growth. The company also called on policymakers to maintain momentum in rolling out additional digital asset policies.

Coinbase’s MiCA license sets a new precedent for centralized crypto regulation in Europe. It also strengthens the firm’s presence as a global crypto service provider.

 

The post Coinbase Secures Major EU License, Opens Door to 450 Million Crypto Users appeared first on Blockonomi.
Fed Rate Cut in July? Crypto Market Reacts to Waller’s CommentsTLDR: Fed Gorvernor Waller says July rate cut could prevent further labor market deterioration. Crypto markets reacted positively to Waller’s dovish policy shift. Rate cuts may drive risk-on appetite and boost digital asset prices. Fed divisions remain, but market eyes July for potential policy move. Federal Reserve Governor Christopher Waller hinted at a possible interest rate cut as early as July, sparking optimism in the crypto sector. His remarks follow the Fed’s recent decision to maintain rates for the fourth straight meeting.  While most policymakers continue to adopt a cautious stance, Waller’s outlook points to growing concerns about labor market weakness. This shift in tone could bring relief to investors hoping for lower borrowing costs.  The potential rate move may also influence crypto price trends in the near term. Fed Govenor Waller Hints at Imminent Policy Shift Speaking during an interview with CNBC, Waller explained that slowing economic signals, particularly in employment, may require immediate action.  He noted that waiting too long to cut could risk unnecessary damage to the labor market. Despite uncertainty among Fed members, Waller stated he believes the current data supports a policy adjustment in the coming month. His remarks followed the Fed’s June decision to keep the benchmark rate in the 4.25% to 4.5% range. This marks six months of holding steady since the last hike in December. Waller suggested that recent tariffs are unlikely to push inflation higher, easing one of the main concerns holding back rate cuts. Market Reaction and Crypto Price Sentiment Investors in traditional and digital assets are closely watching the Fed’s next move. Waller’s comments gave crypto traders fresh hope for improved market liquidity.  A rate cut could reduce borrowing costs, encourage risk-on behavior, and potentially boost crypto prices. While the broader market still expects a cut around September, the idea of an earlier move has started to gain traction. The possibility of a July decision could influence short-term sentiment across major coins and token markets. Despite Waller’s position, other Fed officials remain hesitant. They prefer to observe further economic data before making a final call. The central bank has paused in anticipation of potential inflationary effects from new trade tariffs, particularly from the Trump-backed proposals. Waller disagreed with waiting further, emphasizing that inflation remains stable and that immediate action could help prevent a downturn in jobs. He expressed support for a gradual approach to cutting rates, beginning with a measured step in July. Political Pressure and Long-Term Direction Waller’s future role at the Fed may come into focus, especially as Trump, who appointed him, pushes for deeper cuts.  Trump has openly criticized current rate levels, calling for a drop of at least 2 percentage points. While Waller did not endorse such drastic changes, he acknowledged the need to begin the easing cycle soon. He emphasized that moving slowly would allow the Fed to respond flexibly without overcommitting. With Chair Jerome Powell’s term ending in 2026, the internal dynamics of the committee could shift depending on political influence. As crypto markets digest the possibility of an earlier rate cut, attention now turns to the Fed’s July meeting. If Waller’s view gains support, digital asset prices may respond with renewed momentum.   The post Fed Rate Cut in July? Crypto Market Reacts to Waller’s Comments appeared first on Blockonomi.

Fed Rate Cut in July? Crypto Market Reacts to Waller’s Comments

TLDR:

Fed Gorvernor Waller says July rate cut could prevent further labor market deterioration.

Crypto markets reacted positively to Waller’s dovish policy shift.

Rate cuts may drive risk-on appetite and boost digital asset prices.

Fed divisions remain, but market eyes July for potential policy move.

Federal Reserve Governor Christopher Waller hinted at a possible interest rate cut as early as July, sparking optimism in the crypto sector. His remarks follow the Fed’s recent decision to maintain rates for the fourth straight meeting. 

While most policymakers continue to adopt a cautious stance, Waller’s outlook points to growing concerns about labor market weakness. This shift in tone could bring relief to investors hoping for lower borrowing costs. 

The potential rate move may also influence crypto price trends in the near term.

Fed Govenor Waller Hints at Imminent Policy Shift

Speaking during an interview with CNBC, Waller explained that slowing economic signals, particularly in employment, may require immediate action. 

He noted that waiting too long to cut could risk unnecessary damage to the labor market. Despite uncertainty among Fed members, Waller stated he believes the current data supports a policy adjustment in the coming month.

His remarks followed the Fed’s June decision to keep the benchmark rate in the 4.25% to 4.5% range. This marks six months of holding steady since the last hike in December. Waller suggested that recent tariffs are unlikely to push inflation higher, easing one of the main concerns holding back rate cuts.

Market Reaction and Crypto Price Sentiment

Investors in traditional and digital assets are closely watching the Fed’s next move. Waller’s comments gave crypto traders fresh hope for improved market liquidity. 

A rate cut could reduce borrowing costs, encourage risk-on behavior, and potentially boost crypto prices.

While the broader market still expects a cut around September, the idea of an earlier move has started to gain traction. The possibility of a July decision could influence short-term sentiment across major coins and token markets.

Despite Waller’s position, other Fed officials remain hesitant. They prefer to observe further economic data before making a final call. The central bank has paused in anticipation of potential inflationary effects from new trade tariffs, particularly from the Trump-backed proposals.

Waller disagreed with waiting further, emphasizing that inflation remains stable and that immediate action could help prevent a downturn in jobs. He expressed support for a gradual approach to cutting rates, beginning with a measured step in July.

Political Pressure and Long-Term Direction

Waller’s future role at the Fed may come into focus, especially as Trump, who appointed him, pushes for deeper cuts. 

Trump has openly criticized current rate levels, calling for a drop of at least 2 percentage points. While Waller did not endorse such drastic changes, he acknowledged the need to begin the easing cycle soon.

He emphasized that moving slowly would allow the Fed to respond flexibly without overcommitting. With Chair Jerome Powell’s term ending in 2026, the internal dynamics of the committee could shift depending on political influence.

As crypto markets digest the possibility of an earlier rate cut, attention now turns to the Fed’s July meeting. If Waller’s view gains support, digital asset prices may respond with renewed momentum.

 

The post Fed Rate Cut in July? Crypto Market Reacts to Waller’s Comments appeared first on Blockonomi.
Kraken Unveils Native Bitcoin Staking With Babylon: DetailsTLDR: Kraken Bitcoin staking pays 1% APR in BABY without wrapping or losing custody. Users can time-lock native BTC directly to earn yield from Babylon PoS networks. BABY token saw a sentiment spike after the announcement, but near-term volatility remains. Kraken handles bonding and rewards automatically, simplifying access for conservative users. Kraken has launched a new feature allowing users to stake Bitcoin (BTC) directly through its integration with Babylon, a DeFi protocol.  The move introduces a way to earn passive yield on native BTC without the need for wrapping, bridging, or lending. This development is accessible to users in the U.S. (with some state restrictions), the UK, Australia, and the UAE.  The yield, capped at 1% APR, is paid out in Babylon’s native token, BABY. Kraken aims to streamline the process by managing the technical components behind the scenes. Native Bitcoin Staking Now Available on Kraken This integration introduces staking on native BTC, which has long posed challenges due to Bitcoin’s proof-of-work design.  By partnering with Babylon, Kraken allows BTC holders to secure Babylon-supported proof-of-stake (PoS) networks. Instead of lending or locking assets in wrapped tokens, users can now time-lock their BTC directly on-chain. Kraken has integrated with DeFi protocol Babylon to offer BTC staking with up to 1% APY — without wrapping, bridging, or lending. Available to users in the U.S. (excluding certain states), UK, Australia, and UAE, the service time-locks native BTC to secure Babylon-supported PoS… — Wu Blockchain (@WuBlockchain) June 20, 2025 Kraken highlighted that the staking process is seamless and does not require users to give up custody.  Users only need to deposit or purchase BTC on the platform and enable staking under the “Earn” tab. Rewards are calculated daily and distributed weekly in BABY tokens. Following the announcement, market watchers noted a sharp reaction from the BABY token.  According to a post by @AlvaApp, social sentiment around BABY surged, with increased discussion about its tokenomics and upcoming burns. Indicators like MACD showed upward momentum, though CRSI readings above 88 indicated potential for a near-term pullback. Despite the rally, Alva warned that declining volume and open interest might suggest short-term volatility if the excitement fades. Nevertheless, the growing narrative around Babylon’s DeFi utility and BTC integration kept community discussions active. Simple Setup, No Custody Risks Kraken emphasized that staking BTC through its platform does not involve relinquishing control of the asset.  Instead, users participate in Babylon’s PoS networks while their Bitcoin remains secure. The platform handles bonding, network participation, and reward distribution automatically. This model appeals to Bitcoin holders who want yield without converting assets into altcoins or wrapped tokens. Kraken’s approach also avoids exposure to third-party lending platforms, minimizing risk. Available across key markets, the service positions Kraken as an early mover in native BTC staking solutions. By simplifying access and eliminating technical barriers, Kraken aims to attract more conservative crypto investors. As Babylon expands its ecosystem, Kraken users may gain exposure to future airdrops or additional rewards. The post Kraken Unveils Native Bitcoin Staking With Babylon: Details appeared first on Blockonomi.

Kraken Unveils Native Bitcoin Staking With Babylon: Details

TLDR:

Kraken Bitcoin staking pays 1% APR in BABY without wrapping or losing custody.

Users can time-lock native BTC directly to earn yield from Babylon PoS networks.

BABY token saw a sentiment spike after the announcement, but near-term volatility remains.

Kraken handles bonding and rewards automatically, simplifying access for conservative users.

Kraken has launched a new feature allowing users to stake Bitcoin (BTC) directly through its integration with Babylon, a DeFi protocol. 

The move introduces a way to earn passive yield on native BTC without the need for wrapping, bridging, or lending. This development is accessible to users in the U.S. (with some state restrictions), the UK, Australia, and the UAE. 

The yield, capped at 1% APR, is paid out in Babylon’s native token, BABY. Kraken aims to streamline the process by managing the technical components behind the scenes.

Native Bitcoin Staking Now Available on Kraken

This integration introduces staking on native BTC, which has long posed challenges due to Bitcoin’s proof-of-work design. 

By partnering with Babylon, Kraken allows BTC holders to secure Babylon-supported proof-of-stake (PoS) networks. Instead of lending or locking assets in wrapped tokens, users can now time-lock their BTC directly on-chain.

Kraken has integrated with DeFi protocol Babylon to offer BTC staking with up to 1% APY — without wrapping, bridging, or lending. Available to users in the U.S. (excluding certain states), UK, Australia, and UAE, the service time-locks native BTC to secure Babylon-supported PoS…

— Wu Blockchain (@WuBlockchain) June 20, 2025

Kraken highlighted that the staking process is seamless and does not require users to give up custody. 

Users only need to deposit or purchase BTC on the platform and enable staking under the “Earn” tab. Rewards are calculated daily and distributed weekly in BABY tokens.

Following the announcement, market watchers noted a sharp reaction from the BABY token. 

According to a post by @AlvaApp, social sentiment around BABY surged, with increased discussion about its tokenomics and upcoming burns. Indicators like MACD showed upward momentum, though CRSI readings above 88 indicated potential for a near-term pullback.

Despite the rally, Alva warned that declining volume and open interest might suggest short-term volatility if the excitement fades. Nevertheless, the growing narrative around Babylon’s DeFi utility and BTC integration kept community discussions active.

Simple Setup, No Custody Risks

Kraken emphasized that staking BTC through its platform does not involve relinquishing control of the asset. 

Instead, users participate in Babylon’s PoS networks while their Bitcoin remains secure. The platform handles bonding, network participation, and reward distribution automatically.

This model appeals to Bitcoin holders who want yield without converting assets into altcoins or wrapped tokens. Kraken’s approach also avoids exposure to third-party lending platforms, minimizing risk.

Available across key markets, the service positions Kraken as an early mover in native BTC staking solutions. By simplifying access and eliminating technical barriers, Kraken aims to attract more conservative crypto investors.

As Babylon expands its ecosystem, Kraken users may gain exposure to future airdrops or additional rewards.

The post Kraken Unveils Native Bitcoin Staking With Babylon: Details appeared first on Blockonomi.
Everything Blockchain Commits $10M to SOL, XRP, SUI, TAO, and HYPE in Strategic Crypto PushTLDR: Everything Blockchain invests $10M in five crypto assets: SOL, XRP, SUI, TAO, and HYPE. The treasury targets future institutional adoption and generates staking income. Estimated $1M yield may fund a shareholder crypto dividend program. The company plans Nasdaq uplisting to expand access and capital exposure. Everything Blockchain Inc. has unveiled a $10 million crypto strategy targeting Solana, XRP, Sui, Bittensor, and Hyperliquid. The move comes amid growing signals that institutional money could soon shift beyond Bitcoin.  By building a multi-token treasury, the company aims to position itself before large investors step into the space. This approach also offers retail investors early access to assets increasingly viewed as future cornerstones of blockchain infrastructure.  The plan aligns with broader trends suggesting crypto’s institutional phase is expanding fast. Everything Blockchain Targets Institutional Demand with Multi-Asset Strategy According to the firm’s official statement, the $10 million allocation seeks exposure to networks gaining traction for their speed, functionality, and long-term utility.  The initiative makes EBZT the first U.S. public company to create a revenue-generating crypto treasury across multiple blockchain ecosystems. EBZT’s investment spans SOL and XRP, which are known for legal clarity and growing adoption.  SUI and TAO provide exposure to decentralized finance and AI-linked blockchain development. Hyperliquid, still emerging, introduces a bet on derivatives infrastructure. The company believes these networks are best positioned to capture institutional demand as the next phase of adoption unfolds. EBZT projects that staking across the five assets could yield roughly $1 million annually. A portion of this yield may be returned to shareholders, potentially creating a new dividend model centered on crypto rewards.  Everything Blockchain Inc. (EBZT) announced a $10 million strategic crypto allocation into SOL, XRP, SUI, TAO, and HYPE, aiming to front-run potential institutional inflows. The firm focuses on zero-trust data protection and blockchain infrastructure. https://t.co/FBU16wEjen — Wu Blockchain (@WuBlockchain) June 20, 2025 This income stream would differentiate EBZT from others in the market while offering real-time exposure to on-chain growth. The firm says it plans to grow the treasury over time, tying returns to token performance and network activity. As the broader staking market, estimated at $36 billion per year, continues expanding, EBZT sees a unique first-mover advantage among U.S. public companies. Positioning Ahead of Wall Street Entry CEO Arthur Rozenberg noted that while Bitcoin remains the headline, newer blockchain layers are attracting serious capital behind the scenes.  He pointed out that EBZT’s move allows retail participants to access tokenized infrastructure ahead of institutional scale-ins. The company is also pursuing a Nasdaq uplisting to broaden its reach and tap into institutional capital pipelines.  Analysts following the move suggest it reflects rising interest in diversified crypto baskets.  Alva, a crypto app, mentioned that SOL and XRP lead in terms of blue-chip trust, while SUI and TAO bring innovation themes like DeFi and AI. HYPE, though early, reflects the emerging derivatives use. This allocation by Everything Blockchain indicates a shift in how public companies approach crypto. Instead of single-token plays, firms are now exploring strategic baskets with income potential.  By blending yield, growth, and infrastructure themes, EBZT’s model could influence how Wall Street interacts with crypto beyond ETFs. The post Everything Blockchain Commits $10M to SOL, XRP, SUI, TAO, and HYPE in Strategic Crypto Push appeared first on Blockonomi.

Everything Blockchain Commits $10M to SOL, XRP, SUI, TAO, and HYPE in Strategic Crypto Push

TLDR:

Everything Blockchain invests $10M in five crypto assets: SOL, XRP, SUI, TAO, and HYPE.

The treasury targets future institutional adoption and generates staking income.

Estimated $1M yield may fund a shareholder crypto dividend program.

The company plans Nasdaq uplisting to expand access and capital exposure.

Everything Blockchain Inc. has unveiled a $10 million crypto strategy targeting Solana, XRP, Sui, Bittensor, and Hyperliquid. The move comes amid growing signals that institutional money could soon shift beyond Bitcoin. 

By building a multi-token treasury, the company aims to position itself before large investors step into the space. This approach also offers retail investors early access to assets increasingly viewed as future cornerstones of blockchain infrastructure. 

The plan aligns with broader trends suggesting crypto’s institutional phase is expanding fast.

Everything Blockchain Targets Institutional Demand with Multi-Asset Strategy

According to the firm’s official statement, the $10 million allocation seeks exposure to networks gaining traction for their speed, functionality, and long-term utility. 

The initiative makes EBZT the first U.S. public company to create a revenue-generating crypto treasury across multiple blockchain ecosystems. EBZT’s investment spans SOL and XRP, which are known for legal clarity and growing adoption. 

SUI and TAO provide exposure to decentralized finance and AI-linked blockchain development. Hyperliquid, still emerging, introduces a bet on derivatives infrastructure. The company believes these networks are best positioned to capture institutional demand as the next phase of adoption unfolds.

EBZT projects that staking across the five assets could yield roughly $1 million annually. A portion of this yield may be returned to shareholders, potentially creating a new dividend model centered on crypto rewards. 

Everything Blockchain Inc. (EBZT) announced a $10 million strategic crypto allocation into SOL, XRP, SUI, TAO, and HYPE, aiming to front-run potential institutional inflows. The firm focuses on zero-trust data protection and blockchain infrastructure. https://t.co/FBU16wEjen

— Wu Blockchain (@WuBlockchain) June 20, 2025

This income stream would differentiate EBZT from others in the market while offering real-time exposure to on-chain growth.

The firm says it plans to grow the treasury over time, tying returns to token performance and network activity. As the broader staking market, estimated at $36 billion per year, continues expanding, EBZT sees a unique first-mover advantage among U.S. public companies.

Positioning Ahead of Wall Street Entry

CEO Arthur Rozenberg noted that while Bitcoin remains the headline, newer blockchain layers are attracting serious capital behind the scenes. 

He pointed out that EBZT’s move allows retail participants to access tokenized infrastructure ahead of institutional scale-ins. The company is also pursuing a Nasdaq uplisting to broaden its reach and tap into institutional capital pipelines. 

Analysts following the move suggest it reflects rising interest in diversified crypto baskets. 

Alva, a crypto app, mentioned that SOL and XRP lead in terms of blue-chip trust, while SUI and TAO bring innovation themes like DeFi and AI. HYPE, though early, reflects the emerging derivatives use.

This allocation by Everything Blockchain indicates a shift in how public companies approach crypto. Instead of single-token plays, firms are now exploring strategic baskets with income potential. 

By blending yield, growth, and infrastructure themes, EBZT’s model could influence how Wall Street interacts with crypto beyond ETFs.

The post Everything Blockchain Commits $10M to SOL, XRP, SUI, TAO, and HYPE in Strategic Crypto Push appeared first on Blockonomi.
Ford Teams Up With Iagon to Pilot Cardano-Powered Legal Data Storage SolutionTLDR: Ford joins Iagon to test Cardano’s blockchain for secure, compliant legal data storage. The PoC explores decentralized infrastructure to reduce legal data inefficiencies and cost. Cloud Court adds AI tools for processing litigation records within a blockchain-secure system. Success could position Cardano tech for use in law, healthcare, and regulated enterprise sectors. Ford Motor Company has joined Iagon and Cloud Court in an exploratory Proof of Concept (PoC) focused on revolutionizing legal data storage.  The project aims to evaluate how Cardano’s blockchain and Iagon’s decentralized cloud storage technology can enhance data management for legal teams. Ford’s advisory role in the initiative signals growing interest in applying blockchain beyond finance.  With increasing concerns around compliance, security, and data access, the project tackles major challenges in enterprise legal operations. If successful, this PoC could set a new benchmark for decentralized legal infrastructure at scale. Legal Data Challenges Drive Enterprise Blockchain Interest Many large corporations and law firms struggle with fragmented storage systems for litigation records, testimony, and case documents. These materials often span multiple teams and formats, creating inefficiencies in access and preparation.  According to Iagon, managing such data under strict compliance standards like GDPR and HIPAA remains a persistent issue. Exploring the Future of Legal Data Infrastructure Iagon, in partnership with Cloud Court, is pleased to announce that @Ford Motor Company will serve in an advisory capacity for this exploratory project, which seeks to evaluate the use of the Cardano blockchain and Iagon's… pic.twitter.com/TsOXD6dRSA — Iagon (@IagonOfficial) June 18, 2025 Ford’s legal team, experienced in navigating complex data systems, is helping evaluate whether decentralized solutions can resolve these problems. The project addresses concerns around data access, auditability, and long-term cost by testing blockchain’s transparency and security features in real-world conditions. Iagon’s storage layer leverages blockchain to create immutable, access-controlled storage for legal data. Cloud Court contributes AI-driven tools that process and analyze testimony records, while Cardano’s blockchain manages permissions and verifiability.  The PoC stores encrypted data off-chain, ensuring regulatory compliance while using the blockchain to track and control access. This hybrid design maintains both security and functionality without compromising efficiency. As Ford examines this system, the project could validate blockchain’s potential in highly regulated industries like legal services and healthcare. Ford Brings Strategic Oversight to Enterprise Blockchain Adoption Ford’s involvement adds weight to the initiative. As a Fortune 50 company with a vast legal infrastructure, it has insights that help test the scalability and practicality of the solution.  Iagon stated that Ford is particularly interested in the system’s audit capabilities and the potential to reduce operational costs. The automaker’s participation is not just symbolic; it sets a precedent for other enterprises considering blockchain-based solutions. It also shows that decentralized systems can address corporate-level demands if designed with compliance and scalability in mind. Implications for Cardano and Enterprise Blockchain Use This PoC serves as a live demonstration of how Cardano’s technology can power real-world enterprise systems. If effective, the model could inspire adoption across sectors that handle sensitive data.  Legal, healthcare, finance, and government are likely to follow developments closely. By bringing together decentralized storage, blockchain, and AI under one framework, the Iagon-Ford initiative points to a growing trend: enterprises looking beyond crypto prices and toward practical blockchain applications.   The post Ford Teams Up With Iagon to Pilot Cardano-Powered Legal Data Storage Solution appeared first on Blockonomi.

Ford Teams Up With Iagon to Pilot Cardano-Powered Legal Data Storage Solution

TLDR:

Ford joins Iagon to test Cardano’s blockchain for secure, compliant legal data storage.

The PoC explores decentralized infrastructure to reduce legal data inefficiencies and cost.

Cloud Court adds AI tools for processing litigation records within a blockchain-secure system.

Success could position Cardano tech for use in law, healthcare, and regulated enterprise sectors.

Ford Motor Company has joined Iagon and Cloud Court in an exploratory Proof of Concept (PoC) focused on revolutionizing legal data storage. 

The project aims to evaluate how Cardano’s blockchain and Iagon’s decentralized cloud storage technology can enhance data management for legal teams. Ford’s advisory role in the initiative signals growing interest in applying blockchain beyond finance. 

With increasing concerns around compliance, security, and data access, the project tackles major challenges in enterprise legal operations. If successful, this PoC could set a new benchmark for decentralized legal infrastructure at scale.

Legal Data Challenges Drive Enterprise Blockchain Interest

Many large corporations and law firms struggle with fragmented storage systems for litigation records, testimony, and case documents. These materials often span multiple teams and formats, creating inefficiencies in access and preparation. 

According to Iagon, managing such data under strict compliance standards like GDPR and HIPAA remains a persistent issue.

Exploring the Future of Legal Data Infrastructure

Iagon, in partnership with Cloud Court, is pleased to announce that @Ford Motor Company will serve in an advisory capacity for this exploratory project, which seeks to evaluate the use of the Cardano blockchain and Iagon's… pic.twitter.com/TsOXD6dRSA

— Iagon (@IagonOfficial) June 18, 2025

Ford’s legal team, experienced in navigating complex data systems, is helping evaluate whether decentralized solutions can resolve these problems. The project addresses concerns around data access, auditability, and long-term cost by testing blockchain’s transparency and security features in real-world conditions.

Iagon’s storage layer leverages blockchain to create immutable, access-controlled storage for legal data. Cloud Court contributes AI-driven tools that process and analyze testimony records, while Cardano’s blockchain manages permissions and verifiability. 

The PoC stores encrypted data off-chain, ensuring regulatory compliance while using the blockchain to track and control access.

This hybrid design maintains both security and functionality without compromising efficiency. As Ford examines this system, the project could validate blockchain’s potential in highly regulated industries like legal services and healthcare.

Ford Brings Strategic Oversight to Enterprise Blockchain Adoption

Ford’s involvement adds weight to the initiative. As a Fortune 50 company with a vast legal infrastructure, it has insights that help test the scalability and practicality of the solution. 

Iagon stated that Ford is particularly interested in the system’s audit capabilities and the potential to reduce operational costs.

The automaker’s participation is not just symbolic; it sets a precedent for other enterprises considering blockchain-based solutions. It also shows that decentralized systems can address corporate-level demands if designed with compliance and scalability in mind.

Implications for Cardano and Enterprise Blockchain Use

This PoC serves as a live demonstration of how Cardano’s technology can power real-world enterprise systems. If effective, the model could inspire adoption across sectors that handle sensitive data. 

Legal, healthcare, finance, and government are likely to follow developments closely.

By bringing together decentralized storage, blockchain, and AI under one framework, the Iagon-Ford initiative points to a growing trend: enterprises looking beyond crypto prices and toward practical blockchain applications.

 

The post Ford Teams Up With Iagon to Pilot Cardano-Powered Legal Data Storage Solution appeared first on Blockonomi.
Could XRP Be the Engine Behind Elon Musk’s X Financial Expansion?TLDR: X plans to launch trading tools and digital wallets under its growing X Money platform. XRP is speculated to serve as the app’s payment layer due to its speed and regulatory clarity. Ripple’s RLUSD and USDC on XRPL point to deeper integration with real-world finance. X already has U.S. money licenses, opening doors for blockchain-based settlement features Elon Musk’s X platform is reportedly preparing to integrate investing and trading features into its growing suite of financial tools. This move aligns with Musk’s broader vision to evolve X into a WeChat-style super app, combining social media, payments, and financial services.  Under the banner of X Money, the initiative is already backed by Visa and is expected to launch in the U.S. soon. Reports suggest in-app tools may include digital wallets, bank-linked transfers, and branded debit or credit cards.  Although specific assets were not confirmed, the platform’s crypto-friendly infrastructure hints at deeper blockchain integration. X Expands Beyond Social With Trading Tools X CEO Linda Yaccarino shared that the platform’s upcoming financial products would support both trading and investing services.  While she did not list asset classes, X already enables Bitcoin tipping and real-time crypto tracking through $Cashtags. In January, the company announced a partnership with Visa, supporting direct bank-to-wallet transfers and enabling instant peer payments.  This development positions the social media app as more than a social media app, shifting into full-scale financial infrastructure. Speculation Rises Over XRP’s Role in X Crypto-focused users speculate that Ripple’s XRP may play a key role in the app’s payment systems. A widely shared thread by X user Pumpius outlined why XRP could serve as the settlement layer behind X’s financial infrastructure.  He argued that Ripple’s regulatory clarity and XRP’s real-time transaction capabilities align with Musk’s vision of programmable payments. Additionally, the app already holds money transmitter licenses in several U.S. states, laying the groundwork for scalable crypto-based settlement. BREAKING: ELON MUSK’S X IS ADDING INVESTING & TRADING. But what they won’t say out loud… This isn’t about stocks. This is about replacing the global banking system with something faster, programmable — and already built. Let me tell you why this ends with XRP. Read slowly… pic.twitter.com/Zldolpye8x — Pumpius (@pumpius) June 19, 2025 Signals Point to Ripple and X Connection According to Pumpius, recent blockchain developments further support the theory. USDC’s native launch on the XRP Ledger (XRPL), the release of Ripple’s RLUSD stablecoin, and rising adoption of tokenized assets all suggest alignment. He believes Musk’s platform could be preparing to integrate Ripple’s backend tech with X’s user-facing interface. Though no official partnership has been confirmed, industry observers are closely watching for any signals that the social media app may adopt XRP as its native settlement solution. Social media, digital identity, and programmable payments are starting to come together. If X uses Ripple’s technology, users could soon access instant crypto settlements within the app. As Musk builds out his financial vision, Ripple may be running things quietly in the background.   The post Could XRP Be the Engine Behind Elon Musk’s X Financial Expansion? appeared first on Blockonomi.

Could XRP Be the Engine Behind Elon Musk’s X Financial Expansion?

TLDR:

X plans to launch trading tools and digital wallets under its growing X Money platform.

XRP is speculated to serve as the app’s payment layer due to its speed and regulatory clarity.

Ripple’s RLUSD and USDC on XRPL point to deeper integration with real-world finance.

X already has U.S. money licenses, opening doors for blockchain-based settlement features

Elon Musk’s X platform is reportedly preparing to integrate investing and trading features into its growing suite of financial tools. This move aligns with Musk’s broader vision to evolve X into a WeChat-style super app, combining social media, payments, and financial services. 

Under the banner of X Money, the initiative is already backed by Visa and is expected to launch in the U.S. soon. Reports suggest in-app tools may include digital wallets, bank-linked transfers, and branded debit or credit cards. 

Although specific assets were not confirmed, the platform’s crypto-friendly infrastructure hints at deeper blockchain integration.

X Expands Beyond Social With Trading Tools

X CEO Linda Yaccarino shared that the platform’s upcoming financial products would support both trading and investing services. 

While she did not list asset classes, X already enables Bitcoin tipping and real-time crypto tracking through $Cashtags. In January, the company announced a partnership with Visa, supporting direct bank-to-wallet transfers and enabling instant peer payments. 

This development positions the social media app as more than a social media app, shifting into full-scale financial infrastructure.

Speculation Rises Over XRP’s Role in X

Crypto-focused users speculate that Ripple’s XRP may play a key role in the app’s payment systems. A widely shared thread by X user Pumpius outlined why XRP could serve as the settlement layer behind X’s financial infrastructure. 

He argued that Ripple’s regulatory clarity and XRP’s real-time transaction capabilities align with Musk’s vision of programmable payments. Additionally, the app already holds money transmitter licenses in several U.S. states, laying the groundwork for scalable crypto-based settlement.

BREAKING: ELON MUSK’S X IS ADDING INVESTING & TRADING.

But what they won’t say out loud…

This isn’t about stocks.
This is about replacing the global banking system with something faster, programmable — and already built.

Let me tell you why this ends with XRP.

Read slowly… pic.twitter.com/Zldolpye8x

— Pumpius (@pumpius) June 19, 2025

Signals Point to Ripple and X Connection

According to Pumpius, recent blockchain developments further support the theory. USDC’s native launch on the XRP Ledger (XRPL), the release of Ripple’s RLUSD stablecoin, and rising adoption of tokenized assets all suggest alignment.

He believes Musk’s platform could be preparing to integrate Ripple’s backend tech with X’s user-facing interface. Though no official partnership has been confirmed, industry observers are closely watching for any signals that the social media app may adopt XRP as its native settlement solution.

Social media, digital identity, and programmable payments are starting to come together. If X uses Ripple’s technology, users could soon access instant crypto settlements within the app. As Musk builds out his financial vision, Ripple may be running things quietly in the background.

 

The post Could XRP Be the Engine Behind Elon Musk’s X Financial Expansion? appeared first on Blockonomi.
The Smarter Web Company Bolsters Its Bitcoin Holdings, Adds 104 BTC to TreasuryTLDR: The Smarter Web Company now holds 346.63 BTC after acquiring 104.28 BTC at $104,451 per coin. The purchase was funded by a recent £29.3M capital raise that diluted directors’ shares. The firm’s 10 Year Plan aims to integrate Bitcoin into business and treasury operations. Bitcoin is treated as a core financial asset alongside web services and future acquisitions. The Smarter Web Company has increased its Bitcoin reserves, signaling deeper commitment to its long-term crypto strategy.  The latest acquisition brings its total Bitcoin holdings to over 346 BTC, reinforcing confidence in its treasury policy. This purchase comes amid steady execution of the company’s 10 Year Plan, designed to integrate Bitcoin into its corporate and financial structure.  The company continues to blend traditional business growth with digital asset exposure. Meanwhile, director shareholding changes followed a recent capital raise that supported this Bitcoin purchase. The Smarter Web Company New BTC Purchase Boosts Holdings The company confirmed acquiring 104.28 Bitcoin at an average price of $104,451 per coin. This acquisition, valued at approximately £8.1 million, pushes the total Bitcoin value held to over £27.2 million.  According to its update on June 19, the firm now holds 346.63 BTC, reflecting ongoing implementation of its crypto treasury plan. This marks one of the company’s most significant steps since launching its Bitcoin accumulation strategy in 2023. The initiative involves accepting Bitcoin as payment and allocating treasury funds into Bitcoin over the long term. The Smarter Web Company stated this action aligns with its 10 Year Plan, which was first introduced in April 2025. The strategy aims to build value while gradually increasing Bitcoin reserves, treating the asset as part of its financial backbone.  The Smarter Web Company (#SWC $TSWCF) RNS Announcement: Bitcoin Purchase. Purchase of additional Bitcoin as part of "The 10 Year Plan" which includes an ongoing treasury policy of acquiring Bitcoin. Please read the RNS on our website: https://t.co/z59Xf4o42m pic.twitter.com/PLgFavltG8 — The Smarter Web Company (@smarterwebuk) June 19, 2025 The company views Bitcoin as central to future financial systems and plans to continue integrating it into business operations. Besides organic growth in web development and online marketing, the company plans selective acquisitions to expand client numbers and recurring revenue streams. This includes businesses open to Bitcoin-related transactions or operations. Directors’ Holdings Adjust After Fundraising The Bitcoin purchase followed a successful £29.3 million capital raise announced on June 16. The fundraise led to a 7.39% dilution of existing shareholders, including directors, but boosted the company’s balance sheet for strategic execution. Post-fundraise, Andrew Webley and family retained 27.38 million shares, though their percentage dropped from 13.41% to 12.42%. Other director holdings saw similar percentage shifts. The fundraising proceeds directly supported the latest Bitcoin acquisition under the firm’s evolving treasury allocation. As a London-listed technology firm, The Smarter Web Company offers web services but continues to position itself uniquely by embracing Bitcoin. With this latest purchase, the company strengthens its belief in Bitcoin’s long-term relevance and embeds it further into its corporate direction.   The post The Smarter Web Company Bolsters Its Bitcoin Holdings, Adds 104 BTC to Treasury appeared first on Blockonomi.

The Smarter Web Company Bolsters Its Bitcoin Holdings, Adds 104 BTC to Treasury

TLDR:

The Smarter Web Company now holds 346.63 BTC after acquiring 104.28 BTC at $104,451 per coin.

The purchase was funded by a recent £29.3M capital raise that diluted directors’ shares.

The firm’s 10 Year Plan aims to integrate Bitcoin into business and treasury operations.

Bitcoin is treated as a core financial asset alongside web services and future acquisitions.

The Smarter Web Company has increased its Bitcoin reserves, signaling deeper commitment to its long-term crypto strategy. 

The latest acquisition brings its total Bitcoin holdings to over 346 BTC, reinforcing confidence in its treasury policy. This purchase comes amid steady execution of the company’s 10 Year Plan, designed to integrate Bitcoin into its corporate and financial structure. 

The company continues to blend traditional business growth with digital asset exposure. Meanwhile, director shareholding changes followed a recent capital raise that supported this Bitcoin purchase.

The Smarter Web Company New BTC Purchase Boosts Holdings

The company confirmed acquiring 104.28 Bitcoin at an average price of $104,451 per coin. This acquisition, valued at approximately £8.1 million, pushes the total Bitcoin value held to over £27.2 million. 

According to its update on June 19, the firm now holds 346.63 BTC, reflecting ongoing implementation of its crypto treasury plan.

This marks one of the company’s most significant steps since launching its Bitcoin accumulation strategy in 2023. The initiative involves accepting Bitcoin as payment and allocating treasury funds into Bitcoin over the long term.

The Smarter Web Company stated this action aligns with its 10 Year Plan, which was first introduced in April 2025. The strategy aims to build value while gradually increasing Bitcoin reserves, treating the asset as part of its financial backbone. 

The Smarter Web Company (#SWC $TSWCF) RNS Announcement: Bitcoin Purchase.

Purchase of additional Bitcoin as part of "The 10 Year Plan" which includes an ongoing treasury policy of acquiring Bitcoin.

Please read the RNS on our website: https://t.co/z59Xf4o42m pic.twitter.com/PLgFavltG8

— The Smarter Web Company (@smarterwebuk) June 19, 2025

The company views Bitcoin as central to future financial systems and plans to continue integrating it into business operations.

Besides organic growth in web development and online marketing, the company plans selective acquisitions to expand client numbers and recurring revenue streams. This includes businesses open to Bitcoin-related transactions or operations.

Directors’ Holdings Adjust After Fundraising

The Bitcoin purchase followed a successful £29.3 million capital raise announced on June 16. The fundraise led to a 7.39% dilution of existing shareholders, including directors, but boosted the company’s balance sheet for strategic execution.

Post-fundraise, Andrew Webley and family retained 27.38 million shares, though their percentage dropped from 13.41% to 12.42%. Other director holdings saw similar percentage shifts. The fundraising proceeds directly supported the latest Bitcoin acquisition under the firm’s evolving treasury allocation.

As a London-listed technology firm, The Smarter Web Company offers web services but continues to position itself uniquely by embracing Bitcoin. With this latest purchase, the company strengthens its belief in Bitcoin’s long-term relevance and embeds it further into its corporate direction.

 

The post The Smarter Web Company Bolsters Its Bitcoin Holdings, Adds 104 BTC to Treasury appeared first on Blockonomi.
5 Best Crypto to Buy Before the Next Bitcoin RallyDespite the ongoing volatility in global markets, Bitcoin (BTC) has shown high resilience – and even formed a potential bullish pennant on its weekly chart. The creation of this pattern has coincided with the US Senate giving the official green light to the GENIUS stablecoin bill – marking a historic leap forward for crypto regulation, and providing a fresh sentiment boost among traders and investors. Meanwhile, the Federal Reserve’s recent decision to keep interest rates steady has provided a sense of stability. Web3 experts suggest the Fed’s dovish stance could help Bitcoin sustain its gains and spur a much-needed capital rotation into altcoins. With BTC’s relatively bullish price structure still intact (and supported by improved regulatory and legislative clarity), investors are now exploring high-utility crypto tokens. Keeping this in mind, we’ve reviewed five of the best cryptos to buy before Bitcoin’s next big move. Solaxy The last few months have been incredibly busy for Solaxy (SOLX) – a cutting-edge Layer 2 (L2) solution for Solana that’s nearing the end of its explosive presale. As Solana’s first-ever L2 network, powered exclusively by the SOLX token, Solaxy has raised over $54.7 million from a long list of whale investors and everyday crypto enthusiasts. The SOLX token presale will end on June 23, leaving just a few days for buyers to purchase SOLX at $0.001766 (and stake it for dynamic APYs of up to 77%) before the mainnet launch and token generation event phases begin. Solaxy’s appeal lies in its practical utility: it will use optimistic rollups to increase transaction throughput on Solana’s network, easing congestion by batching transactions off-chain and settling them back on Solana’s mainnet. The SOLX token will support the whole Solaxy L2 ecosystem, including its upcoming Igniter Protocol – a built-in launchpad that will let SOLX holders mint and deploy new cryptos on the high-speed Solaxy chain. Solaxy’s recently announced rollout schedule mentions that the project’s cross-chain bridge (between Ethereum, Solana, and Solaxy) and its mainnet will go live on July 7, ahead of the Igniter Protocol and Neptoon (native DEX) launches – which will both take place later next month. Visit Solaxy. Bitcoin Hyper Bitcoin Hyper (HYPER) is emerging as a Layer 2 project that could fundamentally enhance Bitcoin’s usability. Its L2 execution layer will be anchored to Bitcoin’s blockchain, and powered by the Solana Virtual Machine (SVM) for ultra-fast throughput. In simple terms, Bitcoin Hyper aims to give Bitcoin the speed and comprehensive functionality of Solana, enabling fast transactions, smart contracts, DeFi, and even meme coins on BTC’s network without sacrificing its core security. To achieve this, the project will use a canonical bridge feature – so users will be able to lock up BTC on the main chain and mint a wrapped version on Bitcoin Hyper, use it in high-speed dApps, then send their BTC back to Bitcoin’s Layer 1 as needed. Investors can accumulate the HYPER token during its ongoing presale at $0.01195, with another price increase set to occur during the next day. It’s also worth noting that Bitcoin Hyper’s total token supply has no private allocations. In its first few weeks, the Bitcoin Hyper presale has already raised more than $1.4 million, including a single $55,000 purchase from a whale. To reward early supporters, Bitcoin Hyper offers a staking yield of up to 538% APY for the duration of the sale. Visit Bitcoin Hyper. Raydium Raydium (RAY) is the governance and utility token of the Raydium protocol, a leading automated market maker and decentralized exchange on Solana. In the past 24 hours, RAY’s price has surged by 14% amid a confluence of positive developments. A key catalyst was Raydium’s listing on Upbit, South Korea’s largest crypto exchange, which immediately opened RAY to a new audience of enthusiastic buyers. The RAY token is still around 86% below its all-time highs, but recent price action and volume upticks suggest the market is rediscovering Raydium’s strong fundamentals.   Raydium is also riding on a broader wave of optimism, as Solana’s network architecture has been upgraded (via the Firedancer and Alpenglow initiatives), institutional interest in Solana-based DeFi projects is growing, and now RAY is more globally accessible than ever before. If Bitcoin’s next move ignites a broader altcoin rally, and Solana’s community sentiment stays bullish, RAY could see further upside and benefit from even greater momentum. Chainlink Next on our list is Chainlink (LINK), a decentralized oracle network that provides real-world data to blockchains – an extremely high-value use case for DeFi, NFTs, and other Web3 sectors. From a technical standpoint, LINK’s price has been finding support around the $13 level for a couple of months now – and its most recent rebound from that level could set up a near-term bullish reversal. In the last few weeks, Chainlink launched its Cross-Chain Interoperability Protocol (CCIP) on Solana – significantly expanding its influence beyond EVM-based chains. This integration will unlock access to over $19 billion worth of tokens from Ethereum, BNB Chain, and other networks for projects across Solana’s DeFi ecosystem, dramatically increasing liquidity and cross-chain capabilities. Chainlink is also gaining real traction among top institutions, with a long list of groundbreaking partnerships and collaborations involving SWIFT, Google, Fidelity, the DTCC, UBS, and industry-leading banks around the world – including JPMorgan. Given that LINK is currently trading at a nearly 75% discount from its all-time high of $53, these bullish developments could fuel an impressive rally during the next crypto bull run. Snorter Token Completing this collection of top-trending cryptos is Snorter Token (SNORT), the brand-new meme coin behind Snorter Bot – a Telegram-based crypto trading bot that’s rapidly gaining traction among professional traders. Snorter Bot is compatible with both Ethereum and Solana, enabling it to leverage the strengths of two leading blockchains and provide a simple and convenient way to snipe newly-launched tokens. Users can design automated trading strategies for volatile meme coins, set limit orders and stop-losses via straightforward commands, and even copy-trade the market’s most successful wallets. In addition to the above, Snorter Token holders will be eligible for an exclusive low fee of just 0.85% per trade (while non-holders will have to pay 1.5%). Snorter Bot also includes a honeypot and scam detection tool, which runs safety checks before allowing trades to be executed – thus protecting users from malicious tokens and contracts. The SNORT token is currently available for just $0.0957, and early adopters have helped its presale to skyrocket above the $1.1 million mark. During the sale, buyers can stake their holdings for an annual yield of up to 281%. Visit Snorter Token. The post 5 Best Crypto to Buy Before the Next Bitcoin Rally appeared first on Blockonomi.

5 Best Crypto to Buy Before the Next Bitcoin Rally

Despite the ongoing volatility in global markets, Bitcoin (BTC) has shown high resilience – and even formed a potential bullish pennant on its weekly chart. The creation of this pattern has coincided with the US Senate giving the official green light to the GENIUS stablecoin bill – marking a historic leap forward for crypto regulation, and providing a fresh sentiment boost among traders and investors.

Meanwhile, the Federal Reserve’s recent decision to keep interest rates steady has provided a sense of stability. Web3 experts suggest the Fed’s dovish stance could help Bitcoin sustain its gains and spur a much-needed capital rotation into altcoins.

With BTC’s relatively bullish price structure still intact (and supported by improved regulatory and legislative clarity), investors are now exploring high-utility crypto tokens.

Keeping this in mind, we’ve reviewed five of the best cryptos to buy before Bitcoin’s next big move.

Solaxy

The last few months have been incredibly busy for Solaxy (SOLX) – a cutting-edge Layer 2 (L2) solution for Solana that’s nearing the end of its explosive presale. As Solana’s first-ever L2 network, powered exclusively by the SOLX token, Solaxy has raised over $54.7 million from a long list of whale investors and everyday crypto enthusiasts.

The SOLX token presale will end on June 23, leaving just a few days for buyers to purchase SOLX at $0.001766 (and stake it for dynamic APYs of up to 77%) before the mainnet launch and token generation event phases begin.

Solaxy’s appeal lies in its practical utility: it will use optimistic rollups to increase transaction throughput on Solana’s network, easing congestion by batching transactions off-chain and settling them back on Solana’s mainnet.

The SOLX token will support the whole Solaxy L2 ecosystem, including its upcoming Igniter Protocol – a built-in launchpad that will let SOLX holders mint and deploy new cryptos on the high-speed Solaxy chain.

Solaxy’s recently announced rollout schedule mentions that the project’s cross-chain bridge (between Ethereum, Solana, and Solaxy) and its mainnet will go live on July 7, ahead of the Igniter Protocol and Neptoon (native DEX) launches – which will both take place later next month. Visit Solaxy.

Bitcoin Hyper

Bitcoin Hyper (HYPER) is emerging as a Layer 2 project that could fundamentally enhance Bitcoin’s usability. Its L2 execution layer will be anchored to Bitcoin’s blockchain, and powered by the Solana Virtual Machine (SVM) for ultra-fast throughput.

In simple terms, Bitcoin Hyper aims to give Bitcoin the speed and comprehensive functionality of Solana, enabling fast transactions, smart contracts, DeFi, and even meme coins on BTC’s network without sacrificing its core security.

To achieve this, the project will use a canonical bridge feature – so users will be able to lock up BTC on the main chain and mint a wrapped version on Bitcoin Hyper, use it in high-speed dApps, then send their BTC back to Bitcoin’s Layer 1 as needed.

Investors can accumulate the HYPER token during its ongoing presale at $0.01195, with another price increase set to occur during the next day. It’s also worth noting that Bitcoin Hyper’s total token supply has no private allocations.

In its first few weeks, the Bitcoin Hyper presale has already raised more than $1.4 million, including a single $55,000 purchase from a whale. To reward early supporters, Bitcoin Hyper offers a staking yield of up to 538% APY for the duration of the sale. Visit Bitcoin Hyper.

Raydium

Raydium (RAY) is the governance and utility token of the Raydium protocol, a leading automated market maker and decentralized exchange on Solana.

In the past 24 hours, RAY’s price has surged by 14% amid a confluence of positive developments. A key catalyst was Raydium’s listing on Upbit, South Korea’s largest crypto exchange, which immediately opened RAY to a new audience of enthusiastic buyers.

The RAY token is still around 86% below its all-time highs, but recent price action and volume upticks suggest the market is rediscovering Raydium’s strong fundamentals.

 

Raydium is also riding on a broader wave of optimism, as Solana’s network architecture has been upgraded (via the Firedancer and Alpenglow initiatives), institutional interest in Solana-based DeFi projects is growing, and now RAY is more globally accessible than ever before.

If Bitcoin’s next move ignites a broader altcoin rally, and Solana’s community sentiment stays bullish, RAY could see further upside and benefit from even greater momentum.

Chainlink

Next on our list is Chainlink (LINK), a decentralized oracle network that provides real-world data to blockchains – an extremely high-value use case for DeFi, NFTs, and other Web3 sectors.

From a technical standpoint, LINK’s price has been finding support around the $13 level for a couple of months now – and its most recent rebound from that level could set up a near-term bullish reversal.

In the last few weeks, Chainlink launched its Cross-Chain Interoperability Protocol (CCIP) on Solana – significantly expanding its influence beyond EVM-based chains. This integration will unlock access to over $19 billion worth of tokens from Ethereum, BNB Chain, and other networks for projects across Solana’s DeFi ecosystem, dramatically increasing liquidity and cross-chain capabilities.

Chainlink is also gaining real traction among top institutions, with a long list of groundbreaking partnerships and collaborations involving SWIFT, Google, Fidelity, the DTCC, UBS, and industry-leading banks around the world – including JPMorgan.

Given that LINK is currently trading at a nearly 75% discount from its all-time high of $53, these bullish developments could fuel an impressive rally during the next crypto bull run.

Snorter Token

Completing this collection of top-trending cryptos is Snorter Token (SNORT), the brand-new meme coin behind Snorter Bot – a Telegram-based crypto trading bot that’s rapidly gaining traction among professional traders.

Snorter Bot is compatible with both Ethereum and Solana, enabling it to leverage the strengths of two leading blockchains and provide a simple and convenient way to snipe newly-launched tokens. Users can design automated trading strategies for volatile meme coins, set limit orders and stop-losses via straightforward commands, and even copy-trade the market’s most successful wallets.

In addition to the above, Snorter Token holders will be eligible for an exclusive low fee of just 0.85% per trade (while non-holders will have to pay 1.5%).

Snorter Bot also includes a honeypot and scam detection tool, which runs safety checks before allowing trades to be executed – thus protecting users from malicious tokens and contracts.

The SNORT token is currently available for just $0.0957, and early adopters have helped its presale to skyrocket above the $1.1 million mark. During the sale, buyers can stake their holdings for an annual yield of up to 281%. Visit Snorter Token.

The post 5 Best Crypto to Buy Before the Next Bitcoin Rally appeared first on Blockonomi.
BTC Bull Token Presale Hits $7 Million as Bitcoin Halving Drives New Supply SqueezeBitcoin (BTC) sprinted past the six-figure mark last month to an all-time high that almost touched $112,000 – but what’s most striking is how consistently the price has held its ground since then. Web3 experts cite a growing supply-demand imbalance as one of the main reasons behind Bitcoin’s resilient performance. According to a new Fidelity Digital Assets report, the amount of Bitcoin locked away in long-term holder wallets for more than 10 years is growing faster than the number of coins being mined – setting up the emergence of a post-halving supply squeeze. This means that veteran HODLers are not cashing out, even though Bitcoin’s price is reaching new heights, showing unprecedented conviction among whales and dedicated Bitcoin maxis. This bullish backdrop has encouraged investors to allocate funds to BTC Bull Token (BTCBULL), a new crypto presale project capitalizing on BTC’s future surges. In the current market state of post-halving supply and demand shifts, BTC Bull Token’s innovative rewards and deflationary mechanics have become more appealing than ever. The BTC Bull Token presale is now in its final stretch, and will conclude in about 10 days. This gives investors a potentially lucrative chance to buy BTCBULL for $0.00257 – a value that could quickly increase after the token hits exchanges. Bitcoin’s Supply Crunch Creates Tailwinds for BTCBULL The 2024 halving has cut the new Bitcoin issuance rate to just 450 BTC per day, while long-term holders are HODLing their coins for so long that the amount of BTC being held for more than a decade is increasing faster than the supply of Bitcoin coming into circulation via miners. Fidelity’s June 18 research report highlights this newly-emerging scenario, and notes that coins held for over ten years now account for 17% of BTC’s supply. That share is rising, and is projected to reach around 20% by 2028. In other words, the pool of liquid Bitcoin is drying up – creating a pattern that has often set the stage for big rallies after earlier halvings. As of June 8, 17% of all bitcoin falls into the category of “ancient supply”—meaning these coins have not moved in a decade or more. What could this mean for scarcity, market dynamics, and investors’ conviction? Find our team’s thoughts: https://t.co/EALzrfS92c pic.twitter.com/Ckm3MylTLY — Fidelity Digital Assets (@DigitalAssets) June 18, 2025 At the same time, institutional demand for Bitcoin shows no signs of slowing down – and US spot Bitcoin ETFs have accumulated over $127 billion in net assets (about 6.12% of BTC’s current market cap). These ETFs recorded over $389 million of net inflows on June 18 alone, bringing this month’s total net inflows to over $2.28 billion. Market sentiment among professional investors is decisively bullish, and many financial commentators view Bitcoin as digital gold in an era of high inflation and global uncertainty. Meanwhile, the US government’s continued support is giving the Web3 market more confidence. JPMorgan recently pointed out that 2025’s softer regulatory stance has reignited crypto industry activity – and the largest bank in the US is also engaging in direct discussions with the SEC, hinting at an exciting future for on-chain finance. These conditions have generated powerful tailwinds for BTC Bull Token, which is based entirely around Bitcoin’s growth. The project is launching into a market environment where a $150,000 target for BTC is not a far-fetched hope, but an expected milestone. This momentum has given BTCBULL a running start, as its core premise aligns with the growing consensus that the bulls are back in charge. Here’s How BTC Bull Token Rewards Long-Term Holders BTC Bull Token is a meme coin built to harness all of Bitcoin’s bull cycles, and reward its community every time Bitcoin breaks through specific all-time high levels. When BTC first hits $150,000 and $200,000, all BTCBULL holders will receive Bitcoin rewards, distributed as airdrops. And upon BTC reaching $250,000 for the first time, BTC Bull Token will launch a one-time BTCBULL token airdrop – distributing 10% of the token’s total supply to its holders as a bonus. Furthermore, the BTC Bull Token project will set off strategic BTCBULL token burns to decrease the supply at specific Bitcoin price milestones. When BTC hits levels like $125,000, $175,000, and $225,000 for the first time, the project’s team will execute burns totaling 15% of the BTCBULL token supply. Gm. It’s time to lock tf in. pic.twitter.com/Y7skZLd4UI — BTCBULL_TOKEN (@BTCBULL_TOKEN) June 16, 2025 Investors who buy during the current (and last) presale phase can compound their holdings via the project’s staking program, which offers an attractive 56% APY for locking up BTCBULL. The sale has raised about $7.2 million since February, and the last batch of BTCBULL tokens are priced at $0.00257 each to offer a pre-listing advantage for early buyers. How to Buy BTCBULL for $0.00257 Before the Presale Sells Out Interested investors can acquire BTC Bull Token through the project’s official website during the presale. Simply use a supported crypto wallet and fund it with ETH or USDT to exchange for BTCBULL. Tokens purchased during the sale can be staked immediately – and there’s also an option to buy using fiat currencies via credit and debit cards. The BTC Bull Token team has partnered with Best Wallet (a multi-chain non-custodial wallet) to facilitate seamless airdrops for all holders. This means presale participants who hold their BTCBULL in Best Wallet will automatically receive the Bitcoin airdrops and any bonus token distributions when milestones are hit, with no extra steps required. Visit BTC Bull Token Presale The post BTC Bull Token Presale Hits $7 Million as Bitcoin Halving Drives New Supply Squeeze appeared first on Blockonomi.

BTC Bull Token Presale Hits $7 Million as Bitcoin Halving Drives New Supply Squeeze

Bitcoin (BTC) sprinted past the six-figure mark last month to an all-time high that almost touched $112,000 – but what’s most striking is how consistently the price has held its ground since then.

Web3 experts cite a growing supply-demand imbalance as one of the main reasons behind Bitcoin’s resilient performance. According to a new Fidelity Digital Assets report, the amount of Bitcoin locked away in long-term holder wallets for more than 10 years is growing faster than the number of coins being mined – setting up the emergence of a post-halving supply squeeze. This means that veteran HODLers are not cashing out, even though Bitcoin’s price is reaching new heights, showing unprecedented conviction among whales and dedicated Bitcoin maxis.

This bullish backdrop has encouraged investors to allocate funds to BTC Bull Token (BTCBULL), a new crypto presale project capitalizing on BTC’s future surges. In the current market state of post-halving supply and demand shifts, BTC Bull Token’s innovative rewards and deflationary mechanics have become more appealing than ever.

The BTC Bull Token presale is now in its final stretch, and will conclude in about 10 days. This gives investors a potentially lucrative chance to buy BTCBULL for $0.00257 – a value that could quickly increase after the token hits exchanges.

Bitcoin’s Supply Crunch Creates Tailwinds for BTCBULL

The 2024 halving has cut the new Bitcoin issuance rate to just 450 BTC per day, while long-term holders are HODLing their coins for so long that the amount of BTC being held for more than a decade is increasing faster than the supply of Bitcoin coming into circulation via miners.

Fidelity’s June 18 research report highlights this newly-emerging scenario, and notes that coins held for over ten years now account for 17% of BTC’s supply. That share is rising, and is projected to reach around 20% by 2028.

In other words, the pool of liquid Bitcoin is drying up – creating a pattern that has often set the stage for big rallies after earlier halvings.

As of June 8, 17% of all bitcoin falls into the category of “ancient supply”—meaning these coins have not moved in a decade or more. What could this mean for scarcity, market dynamics, and investors’ conviction? Find our team’s thoughts: https://t.co/EALzrfS92c pic.twitter.com/Ckm3MylTLY

— Fidelity Digital Assets (@DigitalAssets) June 18, 2025

At the same time, institutional demand for Bitcoin shows no signs of slowing down – and US spot Bitcoin ETFs have accumulated over $127 billion in net assets (about 6.12% of BTC’s current market cap). These ETFs recorded over $389 million of net inflows on June 18 alone, bringing this month’s total net inflows to over $2.28 billion.

Market sentiment among professional investors is decisively bullish, and many financial commentators view Bitcoin as digital gold in an era of high inflation and global uncertainty.

Meanwhile, the US government’s continued support is giving the Web3 market more confidence. JPMorgan recently pointed out that 2025’s softer regulatory stance has reignited crypto industry activity – and the largest bank in the US is also engaging in direct discussions with the SEC, hinting at an exciting future for on-chain finance.

These conditions have generated powerful tailwinds for BTC Bull Token, which is based entirely around Bitcoin’s growth. The project is launching into a market environment where a $150,000 target for BTC is not a far-fetched hope, but an expected milestone. This momentum has given BTCBULL a running start, as its core premise aligns with the growing consensus that the bulls are back in charge.

Here’s How BTC Bull Token Rewards Long-Term Holders

BTC Bull Token is a meme coin built to harness all of Bitcoin’s bull cycles, and reward its community every time Bitcoin breaks through specific all-time high levels.

When BTC first hits $150,000 and $200,000, all BTCBULL holders will receive Bitcoin rewards, distributed as airdrops. And upon BTC reaching $250,000 for the first time, BTC Bull Token will launch a one-time BTCBULL token airdrop – distributing 10% of the token’s total supply to its holders as a bonus.

Furthermore, the BTC Bull Token project will set off strategic BTCBULL token burns to decrease the supply at specific Bitcoin price milestones. When BTC hits levels like $125,000, $175,000, and $225,000 for the first time, the project’s team will execute burns totaling 15% of the BTCBULL token supply.

Gm. It’s time to lock tf in. pic.twitter.com/Y7skZLd4UI

— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 16, 2025

Investors who buy during the current (and last) presale phase can compound their holdings via the project’s staking program, which offers an attractive 56% APY for locking up BTCBULL. The sale has raised about $7.2 million since February, and the last batch of BTCBULL tokens are priced at $0.00257 each to offer a pre-listing advantage for early buyers.

How to Buy BTCBULL for $0.00257 Before the Presale Sells Out

Interested investors can acquire BTC Bull Token through the project’s official website during the presale. Simply use a supported crypto wallet and fund it with ETH or USDT to exchange for BTCBULL. Tokens purchased during the sale can be staked immediately – and there’s also an option to buy using fiat currencies via credit and debit cards.

The BTC Bull Token team has partnered with Best Wallet (a multi-chain non-custodial wallet) to facilitate seamless airdrops for all holders. This means presale participants who hold their BTCBULL in Best Wallet will automatically receive the Bitcoin airdrops and any bonus token distributions when milestones are hit, with no extra steps required.

Visit BTC Bull Token Presale

The post BTC Bull Token Presale Hits $7 Million as Bitcoin Halving Drives New Supply Squeeze appeared first on Blockonomi.
XRPL Launches XAO DAO to Power Community GovernanceTLDR: XAO DAO enables XRP holders to vote on proposals and fund XRPL projects transparently. Governance power is capped to avoid whale dominance and promote fair participation. Grants will support tools, validators, research, and XRPL-focused startups. No token launch planned, governance will rely solely on XRP holdings and community input. The XRP Ledger is stepping into decentralized governance through the upcoming launch of XAO DAO, a new initiative aimed at enhancing community participation.  This marks the first formal attempt to allow $XRP holders to drive proposals, vote on key decisions, and fund projects directly through the blockchain.  Designed as a community-first governance platform, XAO DAO promises transparency and accessibility across its operations. It introduces a structured process where members can engage in development decisions without centralized oversight.  As interest grows, it signals a shift in how innovation may progress within the XRP ecosystem. Community-Led Decisions on XRPL XAO DAO introduces a system where decision-making power moves from institutions to XRP holders. The organization functions as a blockchain-native governance body, letting members submit proposals, vote, and influence real-world projects.  According to a tweet by @XAODAOLLC, the DAO uses $XRP to anchor participation, with voting power capped to prevent dominance by large holders. 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗫𝗔𝗢 𝗗𝗔𝗢: A New Era of Decentralized Innovation on XRPL XAO DAO is not just another DAO—it’s a next-gen governance engine built for the XRPL that empowers members to participate, vote, build, and fund real-world innovation. Here’s how it works—and… pic.twitter.com/9wYMlNwuHM — XAO.DAO (@XAODAOLLC) June 17, 2025 Members gain access to exclusive proposals and financial rewards tied to project success. This participatory model is aimed at aligning individual interest with ecosystem growth.  Each vote directly contributes to development priorities, including funding for dApps, validator support, and education efforts. Grant Program Targets Builders and Innovators XAO DAO plans to offer grants across multiple sectors, including developer tooling, academic research, branding, and policy engagement.  The grant system is structured to support startup ventures, validators, and educational programs related to the XRPL. Tweet insights reveal that categories will range from open innovation to capital for early-stage businesses. Community members will vote on which proposals receive funding, ensuring all resources are directed by transparent consensus.  By doing so, the DAO intends to serve as a launchpad for bold ideas that benefit the entire XRP Ledger. Built Without a Token Launch Unlike many DAOs in the crypto space, XAO DAO will not issue a token, host an airdrop, or organize a presale.  The organization stated that its value lies in utility and real-world output rather than speculative gains. Participation will be based solely on community involvement and XRP ownership during set snapshots. @XAODAOLLC emphasized that this model aims to avoid hype-driven activity and focus on long-term contribution. With its foundation built on trustless voting and funding mechanisms, XAO DAO opens a new chapter in decentralized, community-run innovation on XRPL.   The post XRPL Launches XAO DAO to Power Community Governance appeared first on Blockonomi.

XRPL Launches XAO DAO to Power Community Governance

TLDR:

XAO DAO enables XRP holders to vote on proposals and fund XRPL projects transparently.

Governance power is capped to avoid whale dominance and promote fair participation.

Grants will support tools, validators, research, and XRPL-focused startups.

No token launch planned, governance will rely solely on XRP holdings and community input.

The XRP Ledger is stepping into decentralized governance through the upcoming launch of XAO DAO, a new initiative aimed at enhancing community participation. 

This marks the first formal attempt to allow $XRP holders to drive proposals, vote on key decisions, and fund projects directly through the blockchain. 

Designed as a community-first governance platform, XAO DAO promises transparency and accessibility across its operations. It introduces a structured process where members can engage in development decisions without centralized oversight. 

As interest grows, it signals a shift in how innovation may progress within the XRP ecosystem.

Community-Led Decisions on XRPL

XAO DAO introduces a system where decision-making power moves from institutions to XRP holders. The organization functions as a blockchain-native governance body, letting members submit proposals, vote, and influence real-world projects. 

According to a tweet by @XAODAOLLC, the DAO uses $XRP to anchor participation, with voting power capped to prevent dominance by large holders.

𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗫𝗔𝗢 𝗗𝗔𝗢: A New Era of Decentralized Innovation on XRPL

XAO DAO is not just another DAO—it’s a next-gen governance engine built for the XRPL that empowers members to participate, vote, build, and fund real-world innovation.
Here’s how it works—and… pic.twitter.com/9wYMlNwuHM

— XAO.DAO (@XAODAOLLC) June 17, 2025

Members gain access to exclusive proposals and financial rewards tied to project success. This participatory model is aimed at aligning individual interest with ecosystem growth. 

Each vote directly contributes to development priorities, including funding for dApps, validator support, and education efforts.

Grant Program Targets Builders and Innovators

XAO DAO plans to offer grants across multiple sectors, including developer tooling, academic research, branding, and policy engagement. 

The grant system is structured to support startup ventures, validators, and educational programs related to the XRPL.

Tweet insights reveal that categories will range from open innovation to capital for early-stage businesses. Community members will vote on which proposals receive funding, ensuring all resources are directed by transparent consensus. 

By doing so, the DAO intends to serve as a launchpad for bold ideas that benefit the entire XRP Ledger.

Built Without a Token Launch

Unlike many DAOs in the crypto space, XAO DAO will not issue a token, host an airdrop, or organize a presale. 

The organization stated that its value lies in utility and real-world output rather than speculative gains. Participation will be based solely on community involvement and XRP ownership during set snapshots.

@XAODAOLLC emphasized that this model aims to avoid hype-driven activity and focus on long-term contribution. With its foundation built on trustless voting and funding mechanisms, XAO DAO opens a new chapter in decentralized, community-run innovation on XRPL.

 

The post XRPL Launches XAO DAO to Power Community Governance appeared first on Blockonomi.
Crypto Market Stalls as Fed Holds Rates, Traders Await Clear SignalTLDR: The Fed kept rates steady, leaving crypto markets cautious amid inflation and policy uncertainty Bitcoin trades around $104,900 while Ethereum slipped to $2,526 amid low volatility. Powell warned that data issues and global risks make forecasting increasingly difficult. Altcoins showed mixed action as traders wait for stronger macro or inflation signals. Crypto prices held steady in a quiet session following the Federal Reserve’s decision to maintain interest rates. The Fed left its benchmark rate unchanged at 4.25%–4.50%, citing ongoing uncertainty.  Investors responded with caution, leading to sluggish price action across the market. Bitcoin and Ethereum registered slight dips, while altcoins showed mixed momentum. Market participants now wait for clearer economic cues before committing to new positions. Fed Decision Triggers Market Pause Federal Reserve Chair Jerome Powell confirmed no changes to interest rates, noting the U.S. economy is still absorbing inflation pressure. He explained that rising tariffs are contributing to price increases, especially in consumer tech and imported goods.  Powell emphasized that while growth remains slow but steady, the Fed remains data-dependent. He acknowledged division within the Fed regarding potential rate cuts this year. This uncertainty has placed investors in a holding pattern. CryptoBusy highlighted Powell’s concerns about inflation persistence and global risks. According to the post, Powell mentioned that geopolitical tensions and oil prices are making forecasting difficult.  Jerome Powell just gave his latest update. Here’s what really matters for the markets, your portfolio, and the road ahead: Powell’s Key Points (Simplified): 1. Rates are staying the same for now (4.25%–4.50%) The Fed might still cut rates this year, but some members… https://t.co/Y5frC5OJdU pic.twitter.com/KORifVn5Ue — CryptoBusy (@CryptoBusy) June 19, 2025 He also admitted that reduced funding to agencies like the Bureau of Labor Statistics could hinder data accuracy. Traders interpreted this as a sign the Fed might be proceeding without full visibility. Market Overview: Crypto Drifts as Uncertainty Lingers According to CryptoRank.io, the total crypto market cap stands at $3.41 trillion, with $214 million in 24-hour liquidations.  Bitcoin trades around $104,900, down 0.32%, while Ethereum fell 0.58% to $2,526. Altcoins saw varied action, with Raydium, Aerodrome, and Jito showing slight gains. On the downside, HYPE, DOT, and IP continued to lose ground. The Fear & Greed Index sits at 57, reflecting moderate optimism. However, analysts say a stronger move may not arrive until macro data shows clearer signs of easing inflation or a policy shift. Market Overview Crypto market remains sluggish as investors digest the latest Fed decision to hold rates steady at 4.25%–4.50% amid economic uncertainty. Traders remian in wait-and-see mode.$BTC: ~$104.9K ↓0.32%$ETH: ~$2,526 ↓0.58% Top gainers today include… pic.twitter.com/uRS5oTwpw4 — CryptoRank.io (@CryptoRank_io) June 19, 2025 Coinbase rolled out a stablecoin payment feature for ecommerce platforms, aiming to simplify crypto-based transactions for merchants. This move supports wider adoption of digital assets in online commerce. Meanwhile, Lion Group announced a $600 million facility to boost its HYPE token treasury strategy. Despite these developments, the market remains cautious, awaiting a catalyst. As Powell stated, the Fed is still watching the data closely before deciding its next step. Small-cap gainers such as GOUT, FORT, and BID led today’s charge, posting double-digit growth. Forta Network and Ratio1AI also saw strong upticks. However, analysts caution that broader trends remain subdued, and most altcoins remain range-bound.   The post Crypto Market Stalls as Fed Holds Rates, Traders Await Clear Signal appeared first on Blockonomi.

Crypto Market Stalls as Fed Holds Rates, Traders Await Clear Signal

TLDR:

The Fed kept rates steady, leaving crypto markets cautious amid inflation and policy uncertainty

Bitcoin trades around $104,900 while Ethereum slipped to $2,526 amid low volatility.

Powell warned that data issues and global risks make forecasting increasingly difficult.

Altcoins showed mixed action as traders wait for stronger macro or inflation signals.

Crypto prices held steady in a quiet session following the Federal Reserve’s decision to maintain interest rates. The Fed left its benchmark rate unchanged at 4.25%–4.50%, citing ongoing uncertainty. 

Investors responded with caution, leading to sluggish price action across the market. Bitcoin and Ethereum registered slight dips, while altcoins showed mixed momentum. Market participants now wait for clearer economic cues before committing to new positions.

Fed Decision Triggers Market Pause

Federal Reserve Chair Jerome Powell confirmed no changes to interest rates, noting the U.S. economy is still absorbing inflation pressure. He explained that rising tariffs are contributing to price increases, especially in consumer tech and imported goods. 

Powell emphasized that while growth remains slow but steady, the Fed remains data-dependent. He acknowledged division within the Fed regarding potential rate cuts this year. This uncertainty has placed investors in a holding pattern.

CryptoBusy highlighted Powell’s concerns about inflation persistence and global risks. According to the post, Powell mentioned that geopolitical tensions and oil prices are making forecasting difficult. 

Jerome Powell just gave his latest update.

Here’s what really matters for the markets, your portfolio, and the road ahead:

Powell’s Key Points (Simplified):

1. Rates are staying the same for now (4.25%–4.50%)

The Fed might still cut rates this year, but some members… https://t.co/Y5frC5OJdU pic.twitter.com/KORifVn5Ue

— CryptoBusy (@CryptoBusy) June 19, 2025

He also admitted that reduced funding to agencies like the Bureau of Labor Statistics could hinder data accuracy. Traders interpreted this as a sign the Fed might be proceeding without full visibility.

Market Overview: Crypto Drifts as Uncertainty Lingers

According to CryptoRank.io, the total crypto market cap stands at $3.41 trillion, with $214 million in 24-hour liquidations. 

Bitcoin trades around $104,900, down 0.32%, while Ethereum fell 0.58% to $2,526. Altcoins saw varied action, with Raydium, Aerodrome, and Jito showing slight gains. On the downside, HYPE, DOT, and IP continued to lose ground.

The Fear & Greed Index sits at 57, reflecting moderate optimism. However, analysts say a stronger move may not arrive until macro data shows clearer signs of easing inflation or a policy shift.

Market Overview

Crypto market remains sluggish as investors digest the latest Fed decision to hold rates steady at 4.25%–4.50% amid economic uncertainty. Traders remian in wait-and-see mode.$BTC: ~$104.9K ↓0.32%$ETH: ~$2,526 ↓0.58%

Top gainers today include… pic.twitter.com/uRS5oTwpw4

— CryptoRank.io (@CryptoRank_io) June 19, 2025

Coinbase rolled out a stablecoin payment feature for ecommerce platforms, aiming to simplify crypto-based transactions for merchants. This move supports wider adoption of digital assets in online commerce. Meanwhile, Lion Group announced a $600 million facility to boost its HYPE token treasury strategy.

Despite these developments, the market remains cautious, awaiting a catalyst. As Powell stated, the Fed is still watching the data closely before deciding its next step.

Small-cap gainers such as GOUT, FORT, and BID led today’s charge, posting double-digit growth. Forta Network and Ratio1AI also saw strong upticks. However, analysts caution that broader trends remain subdued, and most altcoins remain range-bound.

 

The post Crypto Market Stalls as Fed Holds Rates, Traders Await Clear Signal appeared first on Blockonomi.
Influencers Go All-In: $AKE Makes Waves Across Crypto and Culture“This coin is being discussed by everyone, from Hollywood TikTokers to underground CT traders. The atmosphere is extremely rare. The fundamentals of $AKE also support the popularity.” — Anonymous market analyst, major CEX contributor $AKE has taken center stage as the summer of cryptocurrency speculation heats up, and not just on the charts. This token is rapidly making a name for itself as the year’s most popular meme-utility combo, thanks to influencer marketing and general interest leading a high traffic volume to their presale website: https://snakyway.com/. In recent days: Major crypto YouTubers have begun sharing presale analytics and game mechanics breakdowns X influencers are publicly moving ETH into $AKE-linked wallets Private group chats are flooding with talk of Tier 1 listings and internal buy alerts Pop culture accounts on TikTok and Threads are even posting about the coin’s viral “SnakyWay” aesthetic Even celebrities outside of the crypto base are paying attention, as seen by screenshots that surfaced during this period that purportedly showed Nicki Minaj nodding to the movement in a deleted tweet. But let’s not forget what separates $AKE from the usual meme pack: AI-Enhanced Smart Contracts The on-chain AI agent, a DeFi-native tool made for resilience, is intended to preserve liquidity, apply buy-side pressure, and maintain stable floors. Gaming Integration with Real Utility The $AKE ecosystem features a fully playable P2E framework with built-in token usefulness, guaranteeing that demand is practical rather than merely speculative. Professionalism and Transparency The $AKE team has produced whitepapers, contract audits, and a strict token distribution plan since the beginning. Just strategic expansion, no dubious debuts, no mysterious developers. Rumored Ethereum Foundation Interest Insider signals continue to point to Ethereum ecosystem-level support, giving $AKE even more credibility in long-term DeFi circles. With its final phases of presale, growing social sentiment, and institutional attention, $AKE is becoming a technical and cultural statement that has the potential to shift what meme coins could ultimately become. The post Influencers Go All-In: $AKE Makes Waves Across Crypto and Culture appeared first on Blockonomi.

Influencers Go All-In: $AKE Makes Waves Across Crypto and Culture

“This coin is being discussed by everyone, from Hollywood TikTokers to underground CT traders. The atmosphere is extremely rare. The fundamentals of $AKE also support the popularity.” — Anonymous market analyst, major CEX contributor

$AKE has taken center stage as the summer of cryptocurrency speculation heats up, and not just on the charts. This token is rapidly making a name for itself as the year’s most popular meme-utility combo, thanks to influencer marketing and general interest leading a high traffic volume to their presale website: https://snakyway.com/.

In recent days:

Major crypto YouTubers have begun sharing presale analytics and game mechanics breakdowns

X influencers are publicly moving ETH into $AKE-linked wallets

Private group chats are flooding with talk of Tier 1 listings and internal buy alerts

Pop culture accounts on TikTok and Threads are even posting about the coin’s viral “SnakyWay” aesthetic

Even celebrities outside of the crypto base are paying attention, as seen by screenshots that surfaced during this period that purportedly showed Nicki Minaj nodding to the movement in a deleted tweet.

But let’s not forget what separates $AKE from the usual meme pack:

AI-Enhanced Smart Contracts
The on-chain AI agent, a DeFi-native tool made for resilience, is intended to preserve liquidity, apply buy-side pressure, and maintain stable floors.

Gaming Integration with Real Utility
The $AKE ecosystem features a fully playable P2E framework with built-in token usefulness, guaranteeing that demand is practical rather than merely speculative.

Professionalism and Transparency
The $AKE team has produced whitepapers, contract audits, and a strict token distribution plan since the beginning. Just strategic expansion, no dubious debuts, no mysterious developers.

Rumored Ethereum Foundation Interest
Insider signals continue to point to Ethereum ecosystem-level support, giving $AKE even more credibility in long-term DeFi circles.

With its final phases of presale, growing social sentiment, and institutional attention, $AKE is becoming a technical and cultural statement that has the potential to shift what meme coins could ultimately become.

The post Influencers Go All-In: $AKE Makes Waves Across Crypto and Culture appeared first on Blockonomi.
Coinbase Unveils Stablecoin Checkout on Shopify, Advancing Crypto Payments in E-CommerceTLDR: Coinbase Payments enables 24/7 USDC stablecoin transactions with no blockchain setup required. Shopify integration allows millions of merchants to accept stablecoins instantly. Built on Base, the platform supports sub-second, gasless, and low-cost crypto payments. Coinbase simplifies crypto for merchants with easy APIs and no technical knowledge needed. Coinbase has taken a bold step toward reshaping online commerce by launching a stablecoin payment stack for merchants worldwide. This move enables global businesses to accept 24/7 USDC payments without dealing with blockchain complexities.  The system is already live with Shopify, reaching millions of merchants without requiring extra configuration. This expansion comes amid growing interest in crypto-based payments across industries.  Coinbase aims to make stablecoin payments simple, fast, and accessible for platforms of all sizes. Stablecoin Payments Reach Shopify via Coinbase Coinbase announced its latest product, Coinbase Payments, a full-stack infrastructure for USDC transactions across global e-commerce platforms.  According to a company update published on June 18, the system is now integrated into Shopify’s merchant ecosystem. Shopify’s CEO, Tobi Lütke, confirmed that early access to stablecoin payments began on June 12, with broader availability expected throughout the year. Shopify will enable USDC (Stablecoins on @Base) in Checkout via Shopify Payments and Shop Pay. Early access starts today, roll out throughout the year. We think that stablecoins are a natural way to transact on the Internet and worked with coinbase to develop the commerce… pic.twitter.com/o6jme8kSha — tobi lutke (@tobi) June 12, 2025 He added that the system will also support future buyer incentives, such as 1% cash back, without complicating the merchant experience. Merchants will continue receiving standard local currency payouts, unless they choose to retain earnings in USDC. Moreover, he noted that Stripe played a key role in making the process completely seamless. The Coinbase Payments suite includes three modular layers: Stablecoin Checkout, Ecommerce Engine, and Commerce Payments Protocol. Together, they offer fast, secure, and low-cost USDC payments.  Coinbase stated that the system is built on Base, its Ethereum Layer 2 network, enabling sub-second, gasless payments. Designed for Merchants, Not Developers Coinbase noted that the new system requires no crypto knowledge from merchants. It abstracts blockchain complexities, allowing developers to add crypto functionality using simple APIs.  The Ecommerce Engine manages key operations like authorization, refunds, and ledgering, while the Protocol layer handles transaction execution using open-source smart contracts. This makes it easier for commerce platforms and PSPs to adopt crypto payments without creating in-house blockchain teams. Coinbase claims this approach will remove long-standing barriers to stablecoin adoption in mainstream commerce. Last year alone, stablecoins processed $30 trillion in settlements, with usage growing threefold year-over-year. Coinbase stated that over half of Fortune 500 companies are now building on-chain.  A third of small businesses already accept crypto in some form. Yet, most platforms still lack the tools to support these features at scale. Coinbase believes its partnership with Shopify marks a turning point. With a single integration, merchants can now accept USDC globally, at lower costs, and without infrastructure challenges.    The post Coinbase Unveils Stablecoin Checkout on Shopify, Advancing Crypto Payments in E-Commerce appeared first on Blockonomi.

Coinbase Unveils Stablecoin Checkout on Shopify, Advancing Crypto Payments in E-Commerce

TLDR:

Coinbase Payments enables 24/7 USDC stablecoin transactions with no blockchain setup required.

Shopify integration allows millions of merchants to accept stablecoins instantly.

Built on Base, the platform supports sub-second, gasless, and low-cost crypto payments.

Coinbase simplifies crypto for merchants with easy APIs and no technical knowledge needed.

Coinbase has taken a bold step toward reshaping online commerce by launching a stablecoin payment stack for merchants worldwide. This move enables global businesses to accept 24/7 USDC payments without dealing with blockchain complexities. 

The system is already live with Shopify, reaching millions of merchants without requiring extra configuration. This expansion comes amid growing interest in crypto-based payments across industries. 

Coinbase aims to make stablecoin payments simple, fast, and accessible for platforms of all sizes.

Stablecoin Payments Reach Shopify via Coinbase

Coinbase announced its latest product, Coinbase Payments, a full-stack infrastructure for USDC transactions across global e-commerce platforms. 

According to a company update published on June 18, the system is now integrated into Shopify’s merchant ecosystem. Shopify’s CEO, Tobi Lütke, confirmed that early access to stablecoin payments began on June 12, with broader availability expected throughout the year.

Shopify will enable USDC (Stablecoins on @Base) in Checkout via Shopify Payments and Shop Pay. Early access starts today, roll out throughout the year.

We think that stablecoins are a natural way to transact on the Internet and worked with coinbase to develop the commerce… pic.twitter.com/o6jme8kSha

— tobi lutke (@tobi) June 12, 2025

He added that the system will also support future buyer incentives, such as 1% cash back, without complicating the merchant experience. Merchants will continue receiving standard local currency payouts, unless they choose to retain earnings in USDC.

Moreover, he noted that Stripe played a key role in making the process completely seamless.

The Coinbase Payments suite includes three modular layers: Stablecoin Checkout, Ecommerce Engine, and Commerce Payments Protocol. Together, they offer fast, secure, and low-cost USDC payments. 

Coinbase stated that the system is built on Base, its Ethereum Layer 2 network, enabling sub-second, gasless payments.

Designed for Merchants, Not Developers

Coinbase noted that the new system requires no crypto knowledge from merchants. It abstracts blockchain complexities, allowing developers to add crypto functionality using simple APIs. 

The Ecommerce Engine manages key operations like authorization, refunds, and ledgering, while the Protocol layer handles transaction execution using open-source smart contracts.

This makes it easier for commerce platforms and PSPs to adopt crypto payments without creating in-house blockchain teams. Coinbase claims this approach will remove long-standing barriers to stablecoin adoption in mainstream commerce.

Last year alone, stablecoins processed $30 trillion in settlements, with usage growing threefold year-over-year. Coinbase stated that over half of Fortune 500 companies are now building on-chain. 

A third of small businesses already accept crypto in some form. Yet, most platforms still lack the tools to support these features at scale.

Coinbase believes its partnership with Shopify marks a turning point. With a single integration, merchants can now accept USDC globally, at lower costs, and without infrastructure challenges. 

 

The post Coinbase Unveils Stablecoin Checkout on Shopify, Advancing Crypto Payments in E-Commerce appeared first on Blockonomi.
Angry Pepe Fork, BlockDAG, and SUBBD: Top 3 Crypto Presales to Watch CloselyCrypto presales in June 2025 are gaining traction as investors look for the next blockbuster product. This month’s top crypto presales are Angry Pepe Fork, BlockDAG, and SUBBD. Each of these projects gives a unique perspective. Angry Pepe Fork is a meme currency with both viral energy and real-world application. BlockDAG prioritizes scalability and developer infrastructure. SUBBD promises to combine SaaS subscriptions and token-based payments. They represent diverse aspects of a rapidly growing presale crypto sector. If you’re looking for the newest crypto presale list or want to acquire presale crypto tokens, these three stand out for their innovation and community appeal. SUBBD & BlockDAG Build in Different Lanes SUBBD is attempting to tackle a unique challenge. It hopes to develop a single token that would allow consumers to pay for all of their software subscriptions. Consider Netflix, Spotify, or your favorite design tool—all of which are handled via cryptocurrency. It’s a huge idea with unique appeal, but the presale is still in its early stages. Capital raised is still minimal, and the platform lacks a viable product or certified code. Meanwhile, BlockDAG is adopting a totally different approach. Its presale crypto approach focuses on increasing trust prior to token launch. Instead of pushing listings, the company intends to provide developer tools, mining systems, and DeFi features first. This method allows early funders access to actual functioning. BlockDAG has already raised millions and is establishing itself as a long-term Layer 1 challenger. It is designed for speed, transparency, and utility, all of which are essential in the blockchain arena. Between the two, BlockDAG now inspires greater trust. However, if SUBBD establishes alliances and follows through on its plans, it has the potential to surprise. Angry Pepe Fork Delivers Meme Energy with Utility Angry Pepe Fork ($APORK) is meant to go viral—but on purpose. The concept combines meme coin fun with a reward mechanism for engagement and involvement. Its revolutionary CommunityFi technology converts attention into prizes. Promote, make memes, or join in the presale to get $APORK tokens. What distinguishes this new crypto token presale is the multitude of methods to gain. There are tiered benefits for large backers, with early purchases receiving the greatest prices. During the presale, investors may stake their tokens for up to 10,000% APY, which is exclusively accessible for Ethereum purchases. GambleFi is another invention. The Angry Pepe Fork will include on-chain mini-games in which holders may play to win $APORK. Winners are given tokens, and a portion of each prize pool is burnt to generate long-term value. The presale is now live on Ethereum and BNB Chain. The token will ultimately debut on Solana, increasing liquidity and community reach. With a fixed supply of 1.9 billion and just 380 million for sale during the ICO, the supply remains limited. This makes Angry Pepe Fork one of the best crypto presale initiatives to follow right now. Final Words: Why Angry Pepe Fork Is the Best Crypto Presale to Buy Right Now Angry Pepe Fork stands out among the best cryptocurrency presales because it combines meme coin culture with legitimate earning capabilities. The combination of CommunityFi, GambleFi, and staking ensures long-term attraction. Angry Pepe Fork provides novel crypto token presales that reward activity and evolve with the community. It is one of the most intriguing crypto currencies on presale, combining buzz, transparency, and significant potential in one package. The post Angry Pepe Fork, BlockDAG, and SUBBD: Top 3 Crypto Presales to Watch Closely appeared first on Blockonomi.

Angry Pepe Fork, BlockDAG, and SUBBD: Top 3 Crypto Presales to Watch Closely

Crypto presales in June 2025 are gaining traction as investors look for the next blockbuster product. This month’s top crypto presales are Angry Pepe Fork, BlockDAG, and SUBBD.

Each of these projects gives a unique perspective. Angry Pepe Fork is a meme currency with both viral energy and real-world application. BlockDAG prioritizes scalability and developer infrastructure. SUBBD promises to combine SaaS subscriptions and token-based payments.

They represent diverse aspects of a rapidly growing presale crypto sector.

If you’re looking for the newest crypto presale list or want to acquire presale crypto tokens, these three stand out for their innovation and community appeal.

SUBBD & BlockDAG Build in Different Lanes

SUBBD is attempting to tackle a unique challenge. It hopes to develop a single token that would allow consumers to pay for all of their software subscriptions. Consider Netflix, Spotify, or your favorite design tool—all of which are handled via cryptocurrency. It’s a huge idea with unique appeal, but the presale is still in its early stages. Capital raised is still minimal, and the platform lacks a viable product or certified code.

Meanwhile, BlockDAG is adopting a totally different approach. Its presale crypto approach focuses on increasing trust prior to token launch. Instead of pushing listings, the company intends to provide developer tools, mining systems, and DeFi features first. This method allows early funders access to actual functioning.

BlockDAG has already raised millions and is establishing itself as a long-term Layer 1 challenger. It is designed for speed, transparency, and utility, all of which are essential in the blockchain arena. Between the two, BlockDAG now inspires greater trust.

However, if SUBBD establishes alliances and follows through on its plans, it has the potential to surprise.

Angry Pepe Fork Delivers Meme Energy with Utility

Angry Pepe Fork ($APORK) is meant to go viral—but on purpose. The concept combines meme coin fun with a reward mechanism for engagement and involvement. Its revolutionary CommunityFi technology converts attention into prizes. Promote, make memes, or join in the presale to get $APORK tokens.

What distinguishes this new crypto token presale is the multitude of methods to gain. There are tiered benefits for large backers, with early purchases receiving the greatest prices. During the presale, investors may stake their tokens for up to 10,000% APY, which is exclusively accessible for Ethereum purchases.

GambleFi is another invention. The Angry Pepe Fork will include on-chain mini-games in which holders may play to win $APORK. Winners are given tokens, and a portion of each prize pool is burnt to generate long-term value.

The presale is now live on Ethereum and BNB Chain. The token will ultimately debut on Solana, increasing liquidity and community reach. With a fixed supply of 1.9 billion and just 380 million for sale during the ICO, the supply remains limited. This makes Angry Pepe Fork one of the best crypto presale initiatives to follow right now.

Final Words: Why Angry Pepe Fork Is the Best Crypto Presale to Buy Right Now

Angry Pepe Fork stands out among the best cryptocurrency presales because it combines meme coin culture with legitimate earning capabilities. The combination of CommunityFi, GambleFi, and staking ensures long-term attraction.

Angry Pepe Fork provides novel crypto token presales that reward activity and evolve with the community. It is one of the most intriguing crypto currencies on presale, combining buzz, transparency, and significant potential in one package.

The post Angry Pepe Fork, BlockDAG, and SUBBD: Top 3 Crypto Presales to Watch Closely appeared first on Blockonomi.
Experts Reveal Best Crypto Presales Set to 100x in 2025Bitcoin (BTC) bulls are keeping their favorite cryptocurrency above the $103,500 level despite market volatility, following seven straight days of net inflows into US spot Bitcoin ETFs – including $216 million added on June 17 alone. Meanwhile, some of the biggest banks in the world – and even retail giants – are leaning heavily into crypto. Bank of America, Morgan Stanley, Societe Generale, Amazon, and Walmart are all experimenting with their own stablecoin projects, which could provide greater convenience and flexibility for those companies and their customers. The US has made considerable progress toward robust stablecoin legislation through the GENIUS Act and STABLE Act, which are currently moving through Congress and clearly emboldening crypto-curious institutions and corporations. Experienced investors understand how this bullish backdrop could filter down to low-cap tokens during upcoming crypto bull runs. Below, we’ve reviewed four crypto presale projects with 100x potential this year. Solaxy Solaxy (SOLX) is one of this year’s mega-hit presales, having raised around $54.2 million as it continues through its last week. Investors have only five days left to buy SOLX at the final pre-exchange-listing price of $0.001766 before the token generation event (TGE) takes place on June 23. The project’s mainnet launch is slated for the first week of July, and will make history as Solana’s first-ever Layer 2 (L2) rollup officially goes live. As a high-throughput solution for Solana, Solaxy’s L2 will relieve congestion by using decentralized computation and rollups to offload transactions from Solana’s Layer 1 onto a custom-built sidechain.   Solaxy will also launch its native DEX, “Neptoon,” on July 14, followed by the Igniter launchpad on July 21. These platforms will help create a vibrant community of new tokens and dApps on Solaxy’s network. It’s important to note that the project has already delivered on key milestones, as its testnet and block explorer are now up and running ahead of Solaxy’s mainnet. This tangible progress, combined with the pioneering role that Solaxy will play as it extends Solana’s capabilities, has driven a rush of late-stage SOLX buyers. In fact, the Solaxy presale window has even been extended due to extremely high demand – and current momentum indicates that Solaxy could see an explosive exchange debut. Presale buyers can also stake their SOLX holdings for a high APY of up to 78% without needing to wait for the TGE. Visit Solaxy Presale Bitcoin Hyper Another presale drawing huge investor interest is Bitcoin Hyper (HYPER), a project aiming to power up the Bitcoin network with enhanced performance and DeFi capabilities. Bitcoin Hyper is building a Layer 2 for Bitcoin that will integrate the Solana Virtual Machine (SVM) to achieve high throughput and even smart contract functionality. In effect, it aims to combine Bitcoin’s base layer security with Solana’s fast execution environment. The result is a Bitcoin L2 that can handle tens of thousands of transactions per second (far beyond the limits of Bitcoin’s base chain, which runs at three to seven TPS), with almost instant finality for payments and trades.   Crucially, all transactions ultimately settle on Bitcoin’s Proof-of-Work chain for final security. This innovation has resonated with investors, as the HYPER presale has raised over $1.3 million in early funding. You can buy HYPER for $0.011925, but each sale stage will gradually increase this price. The HYPER token also offers highly lucrative staking rewards of up to 551% during the presale. Visit Bitcoin Hyper Presale Snorter Token The Snorter Token (SNORT) presale is tapping into the viral trend of crypto trading bots with a Solana-powered twist. SNORT is the native token behind a new Telegram-based trading bot called Snorter Bot, which enables users to snipe new token launches, execute swaps, and even copy-trade within a straightforward Telegram chat interface. What sets Snorter apart is its focus on speed and security, as the bot will offer sub-second trade execution and MEV-resistant swaps while charging just a 0.85% fee (far lower than average Solana and Ethereum bots). It will also provide advanced safety checks, including rug pull detection that proved 85% effective in beta tests. The project’s premium features (such as the aforementioned 0.85% fee, and unlimited daily snipe trades) will be reserved exclusively for SNORT holders.   Snorter Bot’s vision is to level the playing field for retail traders across the meme coin markets, where automated bots often beat human participants. That’s why the project has already seen impressive early interest from whales, with over $1 million raised in the first few weeks after SNORT’s presale launch. SNORT buyers can start building their investments at a discounted price of $0.0955, although the next price increase will arrive in several hours. The platform also offers SNORT presale investors a 283% dynamic APY as a reward for staking over the long term. Visit Snorter Token Presale Best Wallet Token Rounding out our list is Best Wallet Token (BEST), the forthcoming utility token of a rapidly growing crypto wallet platform that’s caught investors’ attention due to its impressive user adoption. Best Wallet is a multichain self-custody crypto management app with over 500,000 users, positioning it as a rising heavyweight in the Web3 wallet niche. The ongoing BEST token presale has raised $13.4 million, reflecting strong industry-wide belief in Best Wallet’s capabilities. Best Wallet supports over 60 blockchain networks, allowing users to manage assets across Bitcoin, Ethereum, Solana, BNB Chain, and more in one simple smartphone app. It also features an integrated DEX for finding the best rates on cross-chain swaps, and even an “Upcoming Tokens” presale aggregator that notifies users about new projects (carefully vetted by the Best Wallet team) before they list on top crypto exchanges.   Holding Best Wallet Token will unlock a suite of benefits within Best Wallet, from reduced fees and market-leading staking yields to exclusive early access to new token launches. The BEST token is priced at only $0.025195 in its latest presale stage, and stakers can currently earn around 104% APY on their BEST holdings. Visit Best Wallet Token Presale The post Experts Reveal Best Crypto Presales Set to 100x in 2025 appeared first on Blockonomi.

Experts Reveal Best Crypto Presales Set to 100x in 2025

Bitcoin (BTC) bulls are keeping their favorite cryptocurrency above the $103,500 level despite market volatility, following seven straight days of net inflows into US spot Bitcoin ETFs – including $216 million added on June 17 alone.

Meanwhile, some of the biggest banks in the world – and even retail giants – are leaning heavily into crypto. Bank of America, Morgan Stanley, Societe Generale, Amazon, and Walmart are all experimenting with their own stablecoin projects, which could provide greater convenience and flexibility for those companies and their customers. The US has made considerable progress toward robust stablecoin legislation through the GENIUS Act and STABLE Act, which are currently moving through Congress and clearly emboldening crypto-curious institutions and corporations.

Experienced investors understand how this bullish backdrop could filter down to low-cap tokens during upcoming crypto bull runs. Below, we’ve reviewed four crypto presale projects with 100x potential this year.

Solaxy

Solaxy (SOLX) is one of this year’s mega-hit presales, having raised around $54.2 million as it continues through its last week. Investors have only five days left to buy SOLX at the final pre-exchange-listing price of $0.001766 before the token generation event (TGE) takes place on June 23.

The project’s mainnet launch is slated for the first week of July, and will make history as Solana’s first-ever Layer 2 (L2) rollup officially goes live. As a high-throughput solution for Solana, Solaxy’s L2 will relieve congestion by using decentralized computation and rollups to offload transactions from Solana’s Layer 1 onto a custom-built sidechain.

 

Solaxy will also launch its native DEX, “Neptoon,” on July 14, followed by the Igniter launchpad on July 21. These platforms will help create a vibrant community of new tokens and dApps on Solaxy’s network.

It’s important to note that the project has already delivered on key milestones, as its testnet and block explorer are now up and running ahead of Solaxy’s mainnet. This tangible progress, combined with the pioneering role that Solaxy will play as it extends Solana’s capabilities, has driven a rush of late-stage SOLX buyers.

In fact, the Solaxy presale window has even been extended due to extremely high demand – and current momentum indicates that Solaxy could see an explosive exchange debut. Presale buyers can also stake their SOLX holdings for a high APY of up to 78% without needing to wait for the TGE.

Visit Solaxy Presale

Bitcoin Hyper

Another presale drawing huge investor interest is Bitcoin Hyper (HYPER), a project aiming to power up the Bitcoin network with enhanced performance and DeFi capabilities.

Bitcoin Hyper is building a Layer 2 for Bitcoin that will integrate the Solana Virtual Machine (SVM) to achieve high throughput and even smart contract functionality. In effect, it aims to combine Bitcoin’s base layer security with Solana’s fast execution environment.

The result is a Bitcoin L2 that can handle tens of thousands of transactions per second (far beyond the limits of Bitcoin’s base chain, which runs at three to seven TPS), with almost instant finality for payments and trades.

 

Crucially, all transactions ultimately settle on Bitcoin’s Proof-of-Work chain for final security. This innovation has resonated with investors, as the HYPER presale has raised over $1.3 million in early funding.

You can buy HYPER for $0.011925, but each sale stage will gradually increase this price. The HYPER token also offers highly lucrative staking rewards of up to 551% during the presale.

Visit Bitcoin Hyper Presale

Snorter Token

The Snorter Token (SNORT) presale is tapping into the viral trend of crypto trading bots with a Solana-powered twist. SNORT is the native token behind a new Telegram-based trading bot called Snorter Bot, which enables users to snipe new token launches, execute swaps, and even copy-trade within a straightforward Telegram chat interface.

What sets Snorter apart is its focus on speed and security, as the bot will offer sub-second trade execution and MEV-resistant swaps while charging just a 0.85% fee (far lower than average Solana and Ethereum bots). It will also provide advanced safety checks, including rug pull detection that proved 85% effective in beta tests.

The project’s premium features (such as the aforementioned 0.85% fee, and unlimited daily snipe trades) will be reserved exclusively for SNORT holders.

 

Snorter Bot’s vision is to level the playing field for retail traders across the meme coin markets, where automated bots often beat human participants. That’s why the project has already seen impressive early interest from whales, with over $1 million raised in the first few weeks after SNORT’s presale launch.

SNORT buyers can start building their investments at a discounted price of $0.0955, although the next price increase will arrive in several hours. The platform also offers SNORT presale investors a 283% dynamic APY as a reward for staking over the long term.

Visit Snorter Token Presale

Best Wallet Token

Rounding out our list is Best Wallet Token (BEST), the forthcoming utility token of a rapidly growing crypto wallet platform that’s caught investors’ attention due to its impressive user adoption. Best Wallet is a multichain self-custody crypto management app with over 500,000 users, positioning it as a rising heavyweight in the Web3 wallet niche.

The ongoing BEST token presale has raised $13.4 million, reflecting strong industry-wide belief in Best Wallet’s capabilities.

Best Wallet supports over 60 blockchain networks, allowing users to manage assets across Bitcoin, Ethereum, Solana, BNB Chain, and more in one simple smartphone app. It also features an integrated DEX for finding the best rates on cross-chain swaps, and even an “Upcoming Tokens” presale aggregator that notifies users about new projects (carefully vetted by the Best Wallet team) before they list on top crypto exchanges.

 

Holding Best Wallet Token will unlock a suite of benefits within Best Wallet, from reduced fees and market-leading staking yields to exclusive early access to new token launches. The BEST token is priced at only $0.025195 in its latest presale stage, and stakers can currently earn around 104% APY on their BEST holdings.

Visit Best Wallet Token Presale

The post Experts Reveal Best Crypto Presales Set to 100x in 2025 appeared first on Blockonomi.
Nasdaq’s Eyenovia Bets on Hyperliquid, Becomes First Public U.S. Firm to Hold HYPE TokensTLDR: Eyenovia invests $50M in Hyperliquid (HYPE), becoming first public U.S. firm with native token treasury New CIO Hyunsu Jung will lead blockchain strategy and validator expansion Company to rebrand as Hyperion DeFi and adopt ticker HYPD alongside biotech operations Validator role through Anchorage aims to earn yield and secure Hyperliquid blockchain Eyenovia has taken a historic step in merging traditional finance with Web3. The Nasdaq-listed biotech firm announced a $50 million investment to purchase HYPE tokens from the Hyperliquid blockchain. This move makes it the first U.S. public company to include a native crypto token in its treasury.  The company aims to secure validator status on the Hyperliquid network. Investors and crypto enthusiasts see this as a turning point for institutional blockchain adoption. $50 Million Raised to Launch Hyperliquid Crypto Treasury Eyenovia revealed its $50 million private placement agreement in a June 17 release. According to the company, this funding round was led by institutional accredited investors.  The proceeds will support its crypto reserve strategy, focused entirely on acquiring over 1 million HYPE tokens. The company will issue convertible preferred stock and warrants, priced at $3.25 per share. If fully exercised, the warrants could bring in an additional $150 million. Eyenovia expects the transaction to close by June 20, pending standard conditions. As part of this transition, Eyenovia appointed Hyunsu Jung as Chief Investment Officer and a new board member. His role will center on steering the crypto treasury initiative. Jung said the company selected HYPE due to its strong fundamentals and rising network performance. The investment positions Eyenovia as one of the largest global validators on the Hyperliquid blockchain.  The firm also plans to stake its HYPE holdings through Anchorage Digital for secure management. This validator position will offer both yield opportunities and a role in maintaining the blockchain’s security. Strategic Rebrand and Continued Operations In parallel, Eyenovia will proceed with its biotech roadmap. It remains committed to the development of its Gen-2 Optejet device, which it aims to register with the FDA by September.  The company is also exploring commercial partnerships for the device’s rollout. Alongside its crypto strategy, Eyenovia plans to rebrand to “Hyperion DeFi” and adopt the ticker “HYPD.” This shift signals a broader vision that aligns both its healthcare innovations and blockchain goals. Nasdaq-listed Eyenovia just raised $50M to buy $HYPE tokens — becoming the first U.S. public company to hold a Web3-native token on its balance sheet. Wall Street is no longer just watching. They’re buying. #HYPE pic.twitter.com/d4EOhrz2i2 — Crypto Patel (@CryptoPatel) June 18, 2025 Crypto commentator Crypto Patel noted that Wall Street is no longer watching from the sidelines. He shared that Eyenovia’s bold crypto move could inspire similar actions from other listed companies.    The post Nasdaq’s Eyenovia Bets on Hyperliquid, Becomes First Public U.S. Firm to Hold HYPE Tokens appeared first on Blockonomi.

Nasdaq’s Eyenovia Bets on Hyperliquid, Becomes First Public U.S. Firm to Hold HYPE Tokens

TLDR:

Eyenovia invests $50M in Hyperliquid (HYPE), becoming first public U.S. firm with native token treasury

New CIO Hyunsu Jung will lead blockchain strategy and validator expansion

Company to rebrand as Hyperion DeFi and adopt ticker HYPD alongside biotech operations

Validator role through Anchorage aims to earn yield and secure Hyperliquid blockchain

Eyenovia has taken a historic step in merging traditional finance with Web3. The Nasdaq-listed biotech firm announced a $50 million investment to purchase HYPE tokens from the Hyperliquid blockchain. This move makes it the first U.S. public company to include a native crypto token in its treasury. 

The company aims to secure validator status on the Hyperliquid network. Investors and crypto enthusiasts see this as a turning point for institutional blockchain adoption.

$50 Million Raised to Launch Hyperliquid Crypto Treasury

Eyenovia revealed its $50 million private placement agreement in a June 17 release. According to the company, this funding round was led by institutional accredited investors. 

The proceeds will support its crypto reserve strategy, focused entirely on acquiring over 1 million HYPE tokens.

The company will issue convertible preferred stock and warrants, priced at $3.25 per share. If fully exercised, the warrants could bring in an additional $150 million. Eyenovia expects the transaction to close by June 20, pending standard conditions.

As part of this transition, Eyenovia appointed Hyunsu Jung as Chief Investment Officer and a new board member. His role will center on steering the crypto treasury initiative. Jung said the company selected HYPE due to its strong fundamentals and rising network performance.

The investment positions Eyenovia as one of the largest global validators on the Hyperliquid blockchain. 

The firm also plans to stake its HYPE holdings through Anchorage Digital for secure management. This validator position will offer both yield opportunities and a role in maintaining the blockchain’s security.

Strategic Rebrand and Continued Operations

In parallel, Eyenovia will proceed with its biotech roadmap. It remains committed to the development of its Gen-2 Optejet device, which it aims to register with the FDA by September. 

The company is also exploring commercial partnerships for the device’s rollout.

Alongside its crypto strategy, Eyenovia plans to rebrand to “Hyperion DeFi” and adopt the ticker “HYPD.” This shift signals a broader vision that aligns both its healthcare innovations and blockchain goals.

Nasdaq-listed Eyenovia just raised $50M to buy $HYPE tokens — becoming the first U.S. public company to hold a Web3-native token on its balance sheet.

Wall Street is no longer just watching.
They’re buying. #HYPE pic.twitter.com/d4EOhrz2i2

— Crypto Patel (@CryptoPatel) June 18, 2025

Crypto commentator Crypto Patel noted that Wall Street is no longer watching from the sidelines. He shared that Eyenovia’s bold crypto move could inspire similar actions from other listed companies. 

 

The post Nasdaq’s Eyenovia Bets on Hyperliquid, Becomes First Public U.S. Firm to Hold HYPE Tokens appeared first on Blockonomi.
XRP ETF News: SEC Opens Official Review Process for Franklin’s Crypto FundTLDR: SEC opens public comment on Franklin’s XRP ETF as review formally begins. ETF aims to track the CME XRP-Dollar Index with Coinbase as the custody provider. XRP trades lower but holds a bullish technical structure despite SEC scrutiny. September 9 set as key deadline for SEC’s 180-day decision window. The U.S. Securities and Exchange Commission (SEC) has moved forward with a formal review process for the proposed Franklin XRP ETF. The decision, announced on June 17, marks a major step toward determining whether XRP can enter the ETF market.  As crypto ETF filings accelerate, this review signals growing regulatory interest in altcoin-based funds. While no approval has been granted yet, the SEC’s action places XRP under increased scrutiny.  Public input will play a role in the final decision, expected later this year. Franklin XRP ETF Proposal Under Investigation According to a post by Generation Infinity, the Franklin XRP Trust aims to offer a physically backed XRP ETF, with custody managed by Coinbase Custody Trust.  According to the filing, the ETF would track the CF Benchmark CME XRP-Dollar Index. Shares would be created and redeemed in blocks of 50,000 under Cboe BZX Rule 14.11(e)(4), which governs commodity-based trust shares. $XRP ETF UPDATE (June 17) The SEC has officially opened proceedings to determine whether to approve or disapprove the proposed listing of the Franklin XRP ETF on Cboe BZX. Here’s what it means — and the key dates you should know What’s Being Proposed: – Franklin XRP… pic.twitter.com/Q5dEyWvGLe — Generation Infinity (@GenfinityIO) June 18, 2025 The SEC received the Franklin XRP ETF proposal on March 13. It then published the filing in the Federal Register on March 19. On June 17, the agency issued an Order Instituting Proceedings to begin a deeper review under the Exchange Act. The SEC stated it is seeking public comments, especially on whether XRP’s market structure can support accurate pricing and resist manipulation.  Officials are evaluating whether the ETF listing aligns with Section 6(b)(5) of the Exchange Act, which covers investor protection and market integrity. The next major deadline is likely to fall on September 9, 2025, marking the 180-day review window. The agency emphasized that no decision has been made yet and the investigation aims to assess if the ETF can function within existing regulatory standards. XRP Technical Outlook Remains Bullish Amid the regulatory developments, technical analysts continue to see potential upside for XRP.  In a recent update, XForceGlobal pointed to an Elliott Wave pattern suggesting a bullish macro setup. The chart highlights a successful breakout from wave 4’s triangle and a consistent 1-2 pullback, both aligning with bullish expectations. $XRP The macro direction was met with very little margin of error. Everything from the wave 4 triangle breakout to the anticipated 1-2 pullback following the 5-wave impulse. It all followed the blueprint. There’s no valid reason to adopt a bearish stance unless the market… https://t.co/GAfA7Ddaip pic.twitter.com/jsMUXBvfyX — XForceGlobal (@XForceGlobal) June 18, 2025 The analysis indicates that unless key support levels are broken, the bullish scenario remains intact. The dotted path showing the ultra-bullish forecast appears to be gaining credibility as current price movements follow the expected trend. Despite the news, XRP is trading lower at $2.14, reflecting a 2.85% drop over the past 24 hours. Data from CoinGecko also shows a 7.44% decline over the past week. However, the sentiment remains focused on potential long-term gains if the ETF secures approval.   The post XRP ETF News: SEC Opens Official Review Process for Franklin’s Crypto Fund appeared first on Blockonomi.

XRP ETF News: SEC Opens Official Review Process for Franklin’s Crypto Fund

TLDR:

SEC opens public comment on Franklin’s XRP ETF as review formally begins.

ETF aims to track the CME XRP-Dollar Index with Coinbase as the custody provider.

XRP trades lower but holds a bullish technical structure despite SEC scrutiny.

September 9 set as key deadline for SEC’s 180-day decision window.

The U.S. Securities and Exchange Commission (SEC) has moved forward with a formal review process for the proposed Franklin XRP ETF. The decision, announced on June 17, marks a major step toward determining whether XRP can enter the ETF market. 

As crypto ETF filings accelerate, this review signals growing regulatory interest in altcoin-based funds. While no approval has been granted yet, the SEC’s action places XRP under increased scrutiny. 

Public input will play a role in the final decision, expected later this year.

Franklin XRP ETF Proposal Under Investigation

According to a post by Generation Infinity, the Franklin XRP Trust aims to offer a physically backed XRP ETF, with custody managed by Coinbase Custody Trust. 

According to the filing, the ETF would track the CF Benchmark CME XRP-Dollar Index. Shares would be created and redeemed in blocks of 50,000 under Cboe BZX Rule 14.11(e)(4), which governs commodity-based trust shares.

$XRP ETF UPDATE (June 17)

The SEC has officially opened proceedings to determine whether to approve or disapprove the proposed listing of the Franklin XRP ETF on Cboe BZX.

Here’s what it means — and the key dates you should know

What’s Being Proposed:

– Franklin XRP… pic.twitter.com/Q5dEyWvGLe

— Generation Infinity (@GenfinityIO) June 18, 2025

The SEC received the Franklin XRP ETF proposal on March 13. It then published the filing in the Federal Register on March 19. On June 17, the agency issued an Order Instituting Proceedings to begin a deeper review under the Exchange Act.

The SEC stated it is seeking public comments, especially on whether XRP’s market structure can support accurate pricing and resist manipulation. 

Officials are evaluating whether the ETF listing aligns with Section 6(b)(5) of the Exchange Act, which covers investor protection and market integrity. The next major deadline is likely to fall on September 9, 2025, marking the 180-day review window.

The agency emphasized that no decision has been made yet and the investigation aims to assess if the ETF can function within existing regulatory standards.

XRP Technical Outlook Remains Bullish

Amid the regulatory developments, technical analysts continue to see potential upside for XRP. 

In a recent update, XForceGlobal pointed to an Elliott Wave pattern suggesting a bullish macro setup. The chart highlights a successful breakout from wave 4’s triangle and a consistent 1-2 pullback, both aligning with bullish expectations.

$XRP

The macro direction was met with very little margin of error. Everything from the wave 4 triangle breakout to the anticipated 1-2 pullback following the 5-wave impulse. It all followed the blueprint.

There’s no valid reason to adopt a bearish stance unless the market… https://t.co/GAfA7Ddaip pic.twitter.com/jsMUXBvfyX

— XForceGlobal (@XForceGlobal) June 18, 2025

The analysis indicates that unless key support levels are broken, the bullish scenario remains intact. The dotted path showing the ultra-bullish forecast appears to be gaining credibility as current price movements follow the expected trend.

Despite the news, XRP is trading lower at $2.14, reflecting a 2.85% drop over the past 24 hours. Data from CoinGecko also shows a 7.44% decline over the past week. However, the sentiment remains focused on potential long-term gains if the ETF secures approval.

 

The post XRP ETF News: SEC Opens Official Review Process for Franklin’s Crypto Fund appeared first on Blockonomi.
Etherlink Hackathon 2025 Launches with $40,000 Prize PoolTLDR Trilitech and Encode Club launch Etherlink Hackathon 2025 on July 3rd with over $40,000 in prizes Month-long virtual event runs until August 3rd focusing on Tezos L2 network Etherlink development Four competition tracks: DeFi, Gaming, Collab Culture, and Wildcard with $8,100 prize pools each Etherlink offers sub-500ms transaction confirmations and near-zero fees with $40M+ total value locked Leading Web3 partners provide technical support including Goldsky, Sequence, Thirdweb, and Redstone Trilitech and Encode Club announced the Etherlink Hackathon 2025 Summer of Code event starting July 3rd. The month-long virtual competition will run through August 3rd. The hackathon targets developers building on Etherlink, the Tezos Layer 2 network. Participants compete for over $40,000 in total prizes across four tracks. Etherlink offers transaction confirmations under 500 milliseconds with fees at fractions of a cent. The network has grown to over $40 million in total value locked. Recent network upgrades include the Calypso deployment, which delivered 30x faster smart contract storage. DeFi aggregator Oku also launched, bringing Uniswap v3 functionality to users. The platform uses non-custodial rollup design without exclusive third-party control. Anyone can run nodes, post commitments, and help secure the network. Competition Structure Four competition tracks each offer $8,100 in prizes. The Best DeFi Application track seeks financial protocols using Etherlink’s EVM compatibility. The gaming category focuses on smart contract applications in interactive experiences. Projects range from simple player-versus-player games to NFT-powered virtual worlds. The Collab Culture track emphasizes collaborative tools and NFT projects for diverse audiences. The Vibecode wildcard category accepts unconventional blockchain applications. Each track awards $4,050 for first place, $2,700 for second, and $1,350 for third. A $5,400 Grand Prize goes to the best overall project. Technical Support and Mentorship Web3 infrastructure partners provide technical resources during the event. Goldsky offers blockchain indexing and data streaming services. Sequence provides smart wallet integration for Web3 game development. Thirdweb supplies developer SDKs and smart contract tools. Redstone delivers real-time data solutions for participating projects. These partners will conduct workshops and provide technical guidance. Mentors from the Tezos ecosystem include gaming experts Efe Kucuk and Sofia Senatorova. Arts and culture guidance comes from Aleksandra Art and Vinciane Jones. Beata Lipska leads overall hackathon coordination and support. Internal mentors cover product development, DeFi expertise, marketing, and infrastructure. Registration remains open throughout the hackathon period. Submissions are due August 4th at 01:59 BST. Judging begins August 5th followed by demo day presentations. Finalists will present their projects to judges and the community. The event launches at TezDev, the annual Tezos ecosystem blockchain conference. Developers can register at the official hackathon website. The post Etherlink Hackathon 2025 Launches with $40,000 Prize Pool appeared first on Blockonomi.

Etherlink Hackathon 2025 Launches with $40,000 Prize Pool

TLDR

Trilitech and Encode Club launch Etherlink Hackathon 2025 on July 3rd with over $40,000 in prizes

Month-long virtual event runs until August 3rd focusing on Tezos L2 network Etherlink development

Four competition tracks: DeFi, Gaming, Collab Culture, and Wildcard with $8,100 prize pools each

Etherlink offers sub-500ms transaction confirmations and near-zero fees with $40M+ total value locked

Leading Web3 partners provide technical support including Goldsky, Sequence, Thirdweb, and Redstone

Trilitech and Encode Club announced the Etherlink Hackathon 2025 Summer of Code event starting July 3rd. The month-long virtual competition will run through August 3rd.

The hackathon targets developers building on Etherlink, the Tezos Layer 2 network. Participants compete for over $40,000 in total prizes across four tracks.

Etherlink offers transaction confirmations under 500 milliseconds with fees at fractions of a cent. The network has grown to over $40 million in total value locked.

Recent network upgrades include the Calypso deployment, which delivered 30x faster smart contract storage. DeFi aggregator Oku also launched, bringing Uniswap v3 functionality to users.

The platform uses non-custodial rollup design without exclusive third-party control. Anyone can run nodes, post commitments, and help secure the network.

Competition Structure

Four competition tracks each offer $8,100 in prizes. The Best DeFi Application track seeks financial protocols using Etherlink’s EVM compatibility.

The gaming category focuses on smart contract applications in interactive experiences. Projects range from simple player-versus-player games to NFT-powered virtual worlds.

The Collab Culture track emphasizes collaborative tools and NFT projects for diverse audiences. The Vibecode wildcard category accepts unconventional blockchain applications.

Each track awards $4,050 for first place, $2,700 for second, and $1,350 for third. A $5,400 Grand Prize goes to the best overall project.

Technical Support and Mentorship

Web3 infrastructure partners provide technical resources during the event. Goldsky offers blockchain indexing and data streaming services.

Sequence provides smart wallet integration for Web3 game development. Thirdweb supplies developer SDKs and smart contract tools.

Redstone delivers real-time data solutions for participating projects. These partners will conduct workshops and provide technical guidance.

Mentors from the Tezos ecosystem include gaming experts Efe Kucuk and Sofia Senatorova. Arts and culture guidance comes from Aleksandra Art and Vinciane Jones.

Beata Lipska leads overall hackathon coordination and support. Internal mentors cover product development, DeFi expertise, marketing, and infrastructure.

Registration remains open throughout the hackathon period. Submissions are due August 4th at 01:59 BST.

Judging begins August 5th followed by demo day presentations. Finalists will present their projects to judges and the community.

The event launches at TezDev, the annual Tezos ecosystem blockchain conference. Developers can register at the official hackathon website.

The post Etherlink Hackathon 2025 Launches with $40,000 Prize Pool appeared first on Blockonomi.
Nobitex Hack: $82M Stolen in Major Cyberattack Amid Rising Geopolitical TensionsTLDR: $82M stolen across Tron, Ethereum, and Bitcoin networks in the Nobitex breach. Hackers used politically charged wallet names tied to anti-terror messages. Predatory Sparrow claimed responsibility, citing Iran sanctions evasion. Nobitex suspended services and pledged full user fund reimbursement. A major cyberattack has struck Nobitex, Iran’s largest crypto exchange, compromising nearly $82 million from its hot wallets. The incident, which occurred on June 18, adds to growing concerns over crypto security in high-conflict zones.  Nobitex confirmed the breach early June 19, saying unauthorized access targeted its reporting systems and internet-connected wallets. Although cold storage holdings remain safe, services have been suspended while the team investigates the breach.  The attack comes at a time of elevated Israel-Iran tensions and renewed cyber warfare allegations.  Nobitex Hack Disrupts Crypto Operations in Iran Nobitex reported the breach through an official update, noting its technical team detected unusual activity within core systems.  Immediate action was taken to halt all access and secure user funds. According to the statement, user assets held in cold wallets were not impacted. However, the breach affected a portion of hot wallet reserves, which are more vulnerable due to internet exposure. اطلاعیه در خصوص حادثه امنیتی صبح امروز ۲۸ خرداد، تیم فنی ما نشانه‌هایی از دسترسی غیرمجاز به بخشی از زیرساخت‌های اطلاع‌رسانی و کیف پول گرم را شناسایی کرده است. بلافاصله پس از تشخیص، تمام دسترسی‌ها متوقف شد و تیم‌های امنیتی داخلی ما در حال بررسی دقیق ابعاد این حادثه هستند. یادآور… — Nobitex | نوبیتکس (@nobitexmarket) June 18, 2025 The platform assured users that losses would be fully covered using an internal insurance fund and company resources. Until investigations are finalized, Nobitex has taken its website and app offline.  Iranian crypto users now face uncertainty, especially amid a strict ban on exchanges enforced earlier this year. Blockchain security firm Cyvers detected suspicious transactions totaling $82 million from the Nobitex exchange hack. The stolen funds spread across multiple networks, including $49.3 million on Tron and $24.3 million on Ethereum chains.  Hackers used provocative wallet addresses containing anti-terrorism messages while the stolen crypto remains unmoved so far. Hacker Group Claims Responsibility A hacker group calling itself Gonjeshke Darande, also known as Predatory Sparrow, claimed responsibility shortly after the breach.  In a post shared on X, the group threatened to release Nobitex’s internal data and source code within 24 hours. They warned users to withdraw funds before further leaks occur. The group tied the attack to broader claims against Iran’s regime, accusing Nobitex of helping fund terrorism and evade international sanctions. They described the platform as essential to government operations, even alleging that employment there substitutes for mandatory military service.  After the IRGC’s “Bank Sepah” comes the turn of Nobitex WARNING! In 24 hours, we will release Nobitex's source code and internal information from their internal network. Any assets that remain there after that point will be at risk! The Nobitex exchange is at the heart of the… pic.twitter.com/GFyBCPCFIE — Gonjeshke Darande (@GonjeshkeDarand) June 18, 2025 While the claims remain unverified, their timing aligns with wider geopolitical cyber tensions. This incident follows similar attacks on Iran’s financial infrastructure, including a recent strike on Bank Sepah. With crypto playing a larger role in sanctioned economies, platforms like Nobitex face increased targeting. Blockchain researcher ZachXBT traced the transfer, confirming suspicious wallet activity tied to the exchange. Although no official state actor has been directly linked to the attack, experts view the timing as strategic. The intersection of cybercrime, economic pressure, and regional conflict continues to complicate crypto use in Iran.  For now, Nobitex users await clarity on the extent of the breach and the safety of their funds.   The post Nobitex Hack: $82M Stolen in Major Cyberattack Amid Rising Geopolitical Tensions appeared first on Blockonomi.

Nobitex Hack: $82M Stolen in Major Cyberattack Amid Rising Geopolitical Tensions

TLDR:

$82M stolen across Tron, Ethereum, and Bitcoin networks in the Nobitex breach.

Hackers used politically charged wallet names tied to anti-terror messages.

Predatory Sparrow claimed responsibility, citing Iran sanctions evasion.

Nobitex suspended services and pledged full user fund reimbursement.

A major cyberattack has struck Nobitex, Iran’s largest crypto exchange, compromising nearly $82 million from its hot wallets. The incident, which occurred on June 18, adds to growing concerns over crypto security in high-conflict zones. 

Nobitex confirmed the breach early June 19, saying unauthorized access targeted its reporting systems and internet-connected wallets. Although cold storage holdings remain safe, services have been suspended while the team investigates the breach. 

The attack comes at a time of elevated Israel-Iran tensions and renewed cyber warfare allegations. 

Nobitex Hack Disrupts Crypto Operations in Iran

Nobitex reported the breach through an official update, noting its technical team detected unusual activity within core systems. 

Immediate action was taken to halt all access and secure user funds. According to the statement, user assets held in cold wallets were not impacted. However, the breach affected a portion of hot wallet reserves, which are more vulnerable due to internet exposure.

اطلاعیه در خصوص حادثه امنیتی

صبح امروز ۲۸ خرداد، تیم فنی ما نشانه‌هایی از دسترسی غیرمجاز به بخشی از زیرساخت‌های اطلاع‌رسانی و کیف پول گرم را شناسایی کرده است. بلافاصله پس از تشخیص، تمام دسترسی‌ها متوقف شد و تیم‌های امنیتی داخلی ما در حال بررسی دقیق ابعاد این حادثه هستند.

یادآور…

— Nobitex | نوبیتکس (@nobitexmarket) June 18, 2025

The platform assured users that losses would be fully covered using an internal insurance fund and company resources. Until investigations are finalized, Nobitex has taken its website and app offline. 

Iranian crypto users now face uncertainty, especially amid a strict ban on exchanges enforced earlier this year. Blockchain security firm Cyvers detected suspicious transactions totaling $82 million from the Nobitex exchange hack. The stolen funds spread across multiple networks, including $49.3 million on Tron and $24.3 million on Ethereum chains. 

Hackers used provocative wallet addresses containing anti-terrorism messages while the stolen crypto remains unmoved so far.

Hacker Group Claims Responsibility

A hacker group calling itself Gonjeshke Darande, also known as Predatory Sparrow, claimed responsibility shortly after the breach. 

In a post shared on X, the group threatened to release Nobitex’s internal data and source code within 24 hours. They warned users to withdraw funds before further leaks occur.

The group tied the attack to broader claims against Iran’s regime, accusing Nobitex of helping fund terrorism and evade international sanctions. They described the platform as essential to government operations, even alleging that employment there substitutes for mandatory military service. 

After the IRGC’s “Bank Sepah” comes the turn of Nobitex
WARNING!

In 24 hours, we will release Nobitex's source code and internal information from their internal network.
Any assets that remain there after that point will be at risk!

The Nobitex exchange is at the heart of the… pic.twitter.com/GFyBCPCFIE

— Gonjeshke Darande (@GonjeshkeDarand) June 18, 2025

While the claims remain unverified, their timing aligns with wider geopolitical cyber tensions.

This incident follows similar attacks on Iran’s financial infrastructure, including a recent strike on Bank Sepah. With crypto playing a larger role in sanctioned economies, platforms like Nobitex face increased targeting. Blockchain researcher ZachXBT traced the transfer, confirming suspicious wallet activity tied to the exchange.

Although no official state actor has been directly linked to the attack, experts view the timing as strategic. The intersection of cybercrime, economic pressure, and regional conflict continues to complicate crypto use in Iran. 

For now, Nobitex users await clarity on the extent of the breach and the safety of their funds.

 

The post Nobitex Hack: $82M Stolen in Major Cyberattack Amid Rising Geopolitical Tensions appeared first on Blockonomi.
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