🧊 DeFi Dev Corp adds 47,272 SOL to its holdings – total reaches 690,420 SOL • DeFi Dev Corp has strengthened its portfolio with 47,272 new SOL, worth over $8.4M. • Their total holdings now amount to 690,420 SOL (~$124M). • This comes amidst growing interest in projects built on Solana and expansion in Staking and NFTs.
📌 Analysis: institutions see Solana as a promising environment in terms of speed and fees. Significant accumulation could indicate confidence in a price increase soon.
🏦 Ripple chooses BNY Mellon for RLUSD custody – a $43 trillion asset custodian • Ripple announced the selection of BNY Mellon – the largest asset custodian in the world – as the primary custodian for RLUSD assets. • The move aims to enhance institutional investor confidence in preparation for a potential ETF launch. • This comes amidst RLUSD's plans to enter derivatives markets and 24/7 trading.
📌 Analysis: Collaboration with BNY adds tremendous institutional legitimacy to Ripple, bringing it closer to the traditional finance ecosystem.
Musk's tweet about Epstein ignites a new memecoin: PNUT surges 140% • Musk posts a mysterious tweet about “Epstein’s Peanut Club,” and the community launches a new memecoin called PNUT. • Trading volume increased by +140% within hours. • The project is still not officially verified, and appears to be part of a meme-driven trading wave.
📌 Analysis: This type of movement reflects how Musk's charisma can create a temporary market wave, but it is fraught with risks.
Analysis of Bitcoin, Ethereum, and XRP prices ahead of Crypto Week in America • Bitcoin is trading near $186,000 with strong support at $180k and resistance at $195k. • Ethereum is trying to break through $10,000 amid momentum from new ETF funds. • XRP is hovering around $1.14 with a concerning pattern, but is getting a boost from strong institutional news (see below).
📌 Analysis: A critical week for prices with anticipation of U.S. Federal meetings and Crypto Week events. We may see sharp volatility in both directions.
📌 Analysis: The market is volatile but is witnessing a gradual return of some meme coins. The losses reflect quick profit-taking after last week's rise.
🧠 Akave launches the first decentralized data layer on Avalanche • The Akave project launches a decentralized data layer (DDL) on the Avalanche network. • It enables developers to use transparent and secure data to build smart applications that benefit from real-world data. • The new layer relies on collective verification and smart contracts.
📌 Analysis: Open and reliable data has become a new currency in Web3, and Akave enters the market with a product that fills a real gap.
A wallet from the Mt. Gox era containing 80,000 BTC is subjected to a strange attack via OP_RETURN • An old wallet dating back to the Mt. Gox era (2013) receives an encrypted message using OP_RETURN code, causing panic in the market. • The chain operators confirmed that the Bitcoin has not been moved, but there are concerns about hacking attempts or activating dormant wallets. • BTC price has not been significantly affected, but trading has increased due to concerns.
📌 Analysis: Any movement related to Mt. Gox raises concerns among investors, especially after the accumulation of doubts about the liquidation of creditor balances.
🪙 xStocks launches on BNB Chain supported by Kraken • The Kraken platform launches the xStocks project on the BNB Chain to enable trading of digital stocks linked to real assets. • Users will be able to trade tokenized shares like AAPL and TSLA directly from crypto wallets. • The project represents an expansion into tokenization of traditional assets (RWA) with a focus on regulation and compliance.
📌 Analysis: A new step towards full integration between traditional finance and DeFi. Kraken proves it is not just a platform player but is entering the field of innovation.
Institutions Abandon Bitcoin and Ethereum in Favor of Solana and XRP • A new report shows that financial institutions are shifting their focus from BTC and ETH towards Solana and XRP. • The reasons include network speed, lower fees, and real-world use cases, especially in decentralized finance. • The shift is reflected in the data: strong inflows into Solana and XRP funds over the past few weeks.
📌 Analysis: We are witnessing an institutional transition from store of value tokens (BTC/ETH) towards high-efficiency infrastructure tokens.
Hong Kong to License Stablecoins Before the End of 2025 • The Hong Kong Monetary Authority has announced it will launch a stablecoin licensing program by the end of this year. • The focus will be on US dollar-pegged currencies used for local and international payments. • Part of Hong Kong's strategy to solidify its position as an Asian digital financial hub.
📌 Analysis: Early regulation opens the door to attract major crypto companies in Asia, increasing pressure on regions with ambiguous regulations.
Ukraine imposes sanctions on 60 crypto companies for technically and financially supporting Russia • Ukrainian authorities targeted companies and exchanges that it says helped Russia bypass Western sanctions. • The sanctions include asset freezes, license suspensions, and financial restrictions. • The names of the companies have not been disclosed yet, but the impact may extend to international platforms.
📌 Analysis: Geopolitics is becoming more intertwined with the crypto world, meaning that neutrality is no longer an easy option for companies.
TON rose by 10% before retreating due to the ambiguity of the 'Emirates Golden Visa' • TONCOIN temporarily surged after the announcement of granting a Golden Visa in the UAE for 100K TON. • However, the market quickly declined after it became clear that the offer was not official but came from a partner entity. • The rise brought TON back into the spotlight, but it revealed the market's fragility in the face of uncertain news.
📌 Analysis: Emotional pricing is strongly prevalent in the altcoin market, especially when digital assets intersect with national privileges.
Important Tip • Do not rely solely on dates, but monitor: • Market liquidity • Media attention • Whale movements • Bitcoin performance (as it leads the market)
Crypto-Gifts
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Expert: XRP is on its way to explode towards $16 in the next cycle
Prediction: • CryptoBull, a well-known analyst, predicts that the price of XRP will reach $16 during the upcoming bull cycle. • His analysis relies on technical patterns and data from on-chain volume and whale movements, in addition to the increased use of RLUSD and XRP Ledger.
Significance: If the predictions are correct, XRP could achieve growth exceeding 10x from its current levels, supported by regulatory and administrative events.
Ripple launches RLUSD for 24/7 cross-margin trading via Hidden Road • A new partnership between Ripple and Hidden Road Partners enables RLUSD cross-margin trading around the clock. • RLUSD is a dollar-backed stablecoin on the XRP Ledger. • The move allows institutional traders to access continuous liquidity in perpetual markets.
📌 Analysis: RLUSD is quickly becoming a key tool in stablecoin trading, enhancing Ripple's position as a provider of global financial infrastructure.
China Warns of Rising Fraud with Digital Yuan and Fake Stablecoins • Beijing authorities have detected a wave of fraudulent investments using “fake digital yuan” and fictitious stablecoins. • Fraudulent projects are being promoted through fake apps and bogus wallets. • China has launched a public awareness campaign and intensive investigations to contain the phenomenon.
📌 Analysis: Digital fraud poses an increasing threat amid the adoption of digital currencies, especially when the currency is linked to the government.
CZ reveals: Binance achieved $1 billion in profits in its first year after restructuring • Changpeng Zhao (CZ) announced that Binance made $1 billion in profits during the first year after the regulatory restructuring. • The growth was driven by the expansion of DeFi services, increased futures trading, and the platform's openness to emerging markets. • The platform focused on compliance and reducing confrontation with global regulatory bodies.
📌 Analysis: Despite regulatory constraints, Binance continues to prove that it is the global leader in profitability and liquidity.
Bitcoin Soars to $190,000 Thanks to Trump Tariff Delay and Optimism for Crypto Week • The price of Bitcoin jumped to $190,000 after the delay of U.S. tariffs, easing geopolitical pressures. • Broad increase included most cryptocurrencies: Ethereum $3,100, XRP $1.28. • Optimism is growing with the upcoming global Crypto Week events, which are an important catalyst for the markets.
📌 Analysis: Bitcoin movements reflect how political decisions can trigger major upward waves, especially in an environment fraught with economic tensions.
Pengu Coin records a 23% rise and is listed on eToro
Details: • Pengu Token, a new meme coin, rose by 23% over the week. • eToro officially announced its listing, boosting investor interest. • The project focuses on the Web3 community and NFT entertainment.
Analysis: The eToro listing provides a strong morale boost, but the nature of memecoins makes them highly volatile and risky.
Today's Cryptocurrency Market – July 5: Solana and SUI are on the rise, DOGE and XRP maintain gains
Key Movements: • Solana (SOL) and Sui (SUI) are in a bullish breakout, following strong usage data. • XRP and Dogecoin (DOGE) show notable stability despite market volatility. • Bitcoin is trading around $109K, while Ethereum is above $2,800 with some selling pressure.
Overall Trend: The market leans towards slight positivity, with anticipation of U.S. economic data.
Expert: XRP is on its way to explode towards $16 in the next cycle
Prediction: • CryptoBull, a well-known analyst, predicts that the price of XRP will reach $16 during the upcoming bull cycle. • His analysis relies on technical patterns and data from on-chain volume and whale movements, in addition to the increased use of RLUSD and XRP Ledger.
Significance: If the predictions are correct, XRP could achieve growth exceeding 10x from its current levels, supported by regulatory and administrative events.