Metaplanet Buys 1,005 More Bitcoin, Now Holds More BTC Than Galaxy Digital and CleanSpark
Metaplanet has made another big move in the corporate Bitcoin game, announcing it purchased an additional 1,005 BTC worth about $108 million, lifting its total Bitcoin stash to 13,350 BTC. This latest purchase places the Tokyo-listed firm ahead of major crypto players Galaxy Digital and CleanSpark, both of which previously held larger reserves.Metaplanet CEO Simon Gerovich confirmed Monday that the company bought this batch at an average price of $107,601 per Bitcoin, bringing its current BTC portfolio’s estimated market value to $1.4 billion.According to BitcoinTreasuries.net, Metaplanet now ranks as the fifth-largest publicly listed corporate Bitcoin holder globally, only behind giants like MicroStrategy, whose holdings remain unmatched at over 592,345 BTC under the leadership of Michael Saylor. Bold Target: Over 210,000 BTC by 2027 In a post on X, Gerovich celebrated the company’s milestone, pointing out that just three months ago, Metaplanet reported 3,350 BTC at its annual shareholder meeting. Since then, the firm has ramped up its accumulation strategy aggressively, adding a staggering 10,000 BTC in a single quarter. Earlier this month, Metaplanet set an ambitious new goal: to surpass 210,000 BTC in total holdings by the end of 2027. If achieved, this target would position the company as a serious contender in the corporate Bitcoin landscape, rivalling even MicroStrategy’s aggressive strategy. New Bonds Issued to Fund Bitcoin Buys To fund its ongoing Bitcoin expansion, Metaplanet disclosed the issuance of zero-interest ordinary bonds worth 30 billion yen (about $208 million) with a redemption date of December 29, 2025. Part of these funds will be used to buy back and cancel its existing third series of bonds, originally announced in November 2024, while the remainder will go directly toward more Bitcoin purchases. “Funds raised through the issuance of the new bonds will be partially allocated to the buyback and cancellation, with the remainder used for the purchase of Bitcoin,” the company said in an official statement. Stock Price Soars as Investors Back Bitcoin Strategy The market has responded positively to Metaplanet’s aggressive Bitcoin accumulation. According to Yahoo Finance, Metaplanet’s stock price jumped 9.9% on Monday morning in Japan while trading was still open. The company’s shares have climbed an impressive 53.5% over the past month and have skyrocketed 370.7% year-to-date, reflecting strong investor support for its Bitcoin-centric growth strategy. As of now, MicroStrategy remains the dominant corporate holder with 592,345 BTC, having added another 245 BTC just last week. Metaplanet’s bold target of 210,000 BTC over the next two years shows that the race to accumulate Bitcoin is far from over. The post appeared first on CryptosNewss.com #BTC110KToday? #metaplanet $BTC
Big Upgrades, Small Moves: Pi Network’s New AI Tools Fail to Boost PI Price
Pi Network [PI] marked Pi2Day on June 28 with two headline ecosystem upgrades aimed at driving real-world utility and community engagement, yet the Pi token’s price reaction fell flat, highlighting persistent user concerns and muted market conviction. The upgrades include the Pi App Studio, an AI-powered no-code tool that lets users create apps by simply describing features in plain language. It also has a chatbot builder and a beta tool that translates user instructions into functional app logic, cutting the need for coding skills altogether. Alongside this, Pi Network unveiled Ecosystem Directory Staking, a model where users can stake their Pi tokens directly on listed apps to increase visibility. This crowdsourced staking aims to replace paid ad models, instead rewarding projects that win genuine community trust and participation. Traders Buy Rumor, Sell News While Pi2Day initially fueled speculative interest, that momentum quickly faded. Derivatives data from Messari showed that Open Interest rose just before the event, only to drop sharply once the upgrades went live. This reflects a classic “buy the rumor, sell the news” scenario, pointing to short-term traders exiting rather than holding long positions. Social chatter also failed to sustain lift-off. Santiment data confirmed that Social Volume remained inconsistent after the announcement, suggesting the upgrades did not spark strong or lasting community excitement. Users Still Skeptical Over Unresolved Issues On X, Pi Network’s community was vocal about lingering trust issues that overshadow the new features. Many pointed to incomplete mainnet migrations and unverified account balances as major sticking points. One user posted, “We’ll have to wait at least two weeks to see if these are useful and fruitful or not,” while another warned, “If Pi Network doesn’t fully migrate user balances and reward early miners, its legitimacy will continue to erode… until then it’s all smoke and mirrors.” The lack of clear proof of holdings remains a huge concern, with many early adopters demanding more transparency about their actual Pi balances. Technical Indicators Show Weak Momentum Despite the ambitious product releases, the Pi token’s price barely reacted. At the time of writing, PI traded around $0.5351, only slightly higher than pre-event levels, with no strong push from buyers. Technical data supports this cautious sentiment. The Relative Strength Index (RSI) sits near 48.20 on the hourly chart, just below the neutral 50 mark, indicating the market remains undecided. Meanwhile, the On-Balance Volume (OBV) lingers in negative territory at -202.95 million, confirming that buying power is still not enough to offset selling pressure. While there was a brief surge in trading volume on June 29, it failed to translate into a meaningful rally for the PI token. Will Pi’s Roadmap Deliver? For now, Pi Network’s innovative no-code app builder and community staking model show its ambition to build a user-driven ecosystem. However, until it addresses the basic issues of balance verification and mainnet migration, many pioneers remain hesitant to commit fully. Without resolving these concerns, the network’s technical milestones may struggle to translate into real price traction for PI in the months ahead. The post appeared first on CryptosNewss.com #picoin #PiNetworkMainnet
Ripple CEO Brad Garlinghouse Shows 1000% Commitment to XRP With Viral Tattoo
Ripple Labs CEO Brad Garlinghouse has doubled down on his faith in XRP, sending a powerful message to the crypto community by revealing an XRP logo tattoo on his arm, a bold move that underscores his deep, long-term belief in the digital asset’s future.
The image of Garlinghouse’s tattoo, shared on X by crypto influencer Digital Asset Investor, went viral within hours. For many XRP supporters, it wasn’t just ink, it was a statement of unshakeable commitment from a Harvard M.B.A. graduate in his fifties who has stood at the helm during Ripple’s toughest battles.Garlinghouse’s cryptic two-word caption “1,000%” has since become a rallying cry for XRP supporters worldwide. Ripple Closes Its Prolonged SEC Battle The viral show of loyalty comes as Ripple officially wraps up its long-running legal dispute with the U.S. Securities and Exchange Commission (SEC). After years of back-and-forth over whether institutional XRP sales were unregistered securities, Ripple has withdrawn its cross-appeal and confirmed it will comply with the court’s ruling. Earlier this month, Judge Analisa Torres rejected a joint plea for an indicative ruling, effectively stalling the case. Rather than dragging out litigation, Ripple announced its intent to move forward, closing this legal chapter and refocusing on its core mission of building the Internet of Value. XRPL Upgrade and ETF Buzz Fuel New Optimism With the SEC fight behind it, Ripple has wasted no time accelerating the XRP Ledger (XRPL) ecosystem. In June alone, the XRPL saw daily active addresses spike more than 7x, reflecting stronger network use and increasing transaction volumes. Adding to the momentum is growing speculation about a U.S.-approved XRP exchange-traded fund (ETF). This follows Canada’s recent approval of three XRP ETFs, and analysts now put the odds of a U.S. launch at 95%, a development that could unlock massive liquidity and attract institutional money. Ripple’s newly released XRPL version 2.5.0 has also strengthened its technical edge. The upgrade brings major throughput boosts, lower fees, and smart contract compatibility, making it more competitive against leading layer-1 blockchains like Ethereum and Solana. With enhanced interoperability, Ripple is positioning XRPL as not only a payments backbone but also a powerful dApp development hub for the next wave of blockchain innovation. Ripple’s Vision: Internet of Value Garlinghouse’s public statement emphasized that the company is ready to focus fully on building the Internet of Value, Ripple’s vision of seamless cross-border value transfer. With fresh regulatory clarity, new technical upgrades, and surging ecosystem activity, Ripple aims to re-establish XRP as a vital player in global finance. The post appeared first on CryptosNewss.com #xrp #BradGarlinghouse $XRP
Bitcoin Price Eyes $110K as Bulls Hold Key Support Levels
Bitcoin [BTC] has maintained its bullish momentum this week, starting a fresh climb above the $107,500 zone and aiming for higher resistance levels that could push the price toward $110,000 if momentum holds steady. After gaining pace above the $105,000 zone, Bitcoin comfortably cleared $105,500 and $106,500, flipping them into strong supports. Bulls then pushed the flagship crypto above the $107,500 resistance, testing the $108,800 zone with a local high recorded at $108,792.At the time of writing, Bitcoin is consolidating gains above the 23.6% Fibonacci retracement level, taken from the recent upswing between the $106,477 swing low and the $108,792 high. BTC continues to trade well above the $107,000 mark and the 100-hour Simple Moving Average, a positive sign for the near-term trend. Key Levels to Watch The hourly chart of the BTC/USD pair (data feed: Kraken) shows a bullish trend line forming with crucial support at $107,600. On the upside, immediate resistance sits near $108,800, followed by stronger hurdles at $109,200 and $110,000. If BTC closes above the $109,200 level, momentum could lift prices to the next target at $112,000. What If BTC Fails to Break Higher? If Bitcoin struggles to move beyond $108,800, a short-term pullback could unfold. Immediate support sits near $107,800, with the first key support at $107,500, aligning with the trend line. Below that, the next buffer is around $107,200, which is near the 61.8% Fibonacci retracement level of the latest surge. Any deeper drop could test the main support at $106,500, while losing this mark might shift the momentum to the bears, exposing BTC to further downside toward $105,500. Technical Indicators Show Bullish Signs The hourly MACD for BTC/USD is currently gaining pace in the bullish zone, suggesting buying momentum remains healthy. The hourly RSI sits well above 50, another confirmation that bulls still control the trend for now. Major Support Levels: $107,500, $107,200Major Resistance Levels: $108,800, $109,200, $110,000 The post appeared first on CryptosNewss.com #StrategyBTCPurchase #BTC110KToday? #bitcoin $BTC
Chainlink Price Prediction: Local Top Forming at $13.4 as Sell Pressure Rises?
Chainlink [LINK] has staged an impressive comeback among the crypto market’s top 20, recording a 13.2% gain over the past week. This bounce follows a sharp drop ten days ago when LINK fell from $13.38 on June 19 to $10.94 by June 22, dragged down by Bitcoin’s [BTC] decline to $99,000, fueled by heightened tensions in the Israel-Iran conflict and a subsequent U.S. airstrike in Iran. While market sentiment has improved since then, on-chain metrics reveal that Chainlink holders might lack the strong conviction to push prices higher in the short term. Spike in Token Movement Signals Sell-Off Risk A closer look at LINK’s on-chain data shows troubling signs for bulls. Notably, dormant circulation spiked significantly on March 14 when LINK attempted a bounce from the $12 support. Another large spike occurred on June 20 as prices slid toward $11, suggesting large holders moved tokens, likely to sell. This uptick in dormant circulation often signals a wave of profit-taking or panic selling, and the recent bounce has not reversed that trend. Development Activity Drops but Remains Strong Historically, Chainlink has consistently ranked high in DeFi development activity, providing investors with confidence in its long-term relevance. However, since mid-April, its dev activity has trended downward, adding another layer of concern. Still, compared to other altcoins, LINK’s developer engagement remains robust enough to keep mid-to-long-term holders interested. Mean Coin Age & Exchange Flows Worry Traders Adding to the cautious outlook is Chainlink’s mean coin age, which shows no clear signs of long-term accumulation. Instead, many LINK holders appear to be selling rallies near $16 and cutting losses near local lows, highlighting a fragile HODLer mentality. Meanwhile, the exchange net position change, which tracks the LINK supply held on exchanges, turned positive on June 20, indicating fresh inflows and reinforcing the current selling trend. This metric remains in the green, further suggesting continued profit-taking and short-term sell pressure. Major Resistance Zones Ahead At the time of writing, Chainlink trades at the $13.4 local resistance, with a key supply zone around $14. Given the overhead resistance, profit-taking trends, and recent on-chain signals, LINK may be at risk of forming another local top. If selling pressure continues, traders could see a pullback in the coming days. As always, crypto markets remain highly volatile. Traders and investors should keep an eye on Bitcoin’s next move and broader macro trends, as they heavily influence altcoins like Chainlink. The post appeared first on CryptosNewss.com #Chainlink #ChainlinkAnalysis $LINK
SOL Strategies Commits Over $100K in Jito Tokens, Expands Solana Ecosystem Push
SOL Strategies, a Canada-based digital asset firm, has made its first major move from its new Strategic Ecosystem Reserve (SER), deploying over $100,000 to acquire more than 52,000 Jito (JTO) tokens as part of its plan to strengthen critical infrastructure within the Solana blockchain. The purchase, confirmed on June 26, highlights SOL Strategies’ deep ties to the Solana network. CEO Leah Wald emphasized that the move goes beyond mere token accumulation. “We’re not just investing in tokens, we’re investing in the infrastructure driving transaction processing for millions of Solana users,” Wald said. Announcing our Strategic Ecosystem Reserve (SER) with the initial acquisition of 52,181 JTO tokens!As infrastructure builders deeply embedded in Solana, we're investing in the foundational projects driving the ecosystem forward. @JitoNetwork's MEV infrastructure is critical to… pic.twitter.com/2MTedyy7oZ— SOL Strategies (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) June 26, 2025 The company’s validator operations currently manage more than 3.7 million SOL, making it one of the largest institutional stakeholders in the ecosystem. Its validator partners include major names like Pudgy Penguins, and its Laine validator was the first to run Jito on the Solana mainnet back in 2022. Unlike previous treasury purchases, the new SER will be funded through validator revenues instead of the company’s SOL holdings, a strategy that Wald says enables growth without weakening its core SOL position. Jito: Solana’s MEV Powerhouse Jito is Solana’s leading MEV (Maximal Extractable Value) infrastructure and liquid staking provider. With more than $2.6 billion in total value locked (TVL) according to DeFiLlama, Jito remains one of Solana’s top contributors to stake pool innovation through tools like Stakenet. SOL Strategies, formerly Cypherpunk Holdings, pivoted fully to Solana in late 2024, rebranding to reflect its sharper focus. The company also runs the validator analytics platform Stakewiz and the Orangefin mobile app. Going Bigger: Nasdaq Listing & Tokenized Shares The Jito deployment is only one piece of a larger ambition. SOL Strategies is actively seeking a U.S. footprint, filing to list on the Nasdaq under the ticker “STKE.” Already listed on the Canadian Securities Exchange as HODL, it holds over 420,000 SOL tokens and has become one of the largest institutional Solana investors. In May, the company filed a preliminary $1 billion shelf prospectus to give itself flexibility for future capital raises through equity or debt offerings. Although there are no immediate plans to tap the shelf, Wald says it creates “long-term runway” for validator growth, acquisitions, and further ecosystem investments. The firm’s stake-driven revenues have soared to $1.85 million this quarter from just $67,000 a year ago, though heavy investment and infrastructure costs pushed total expenses to $6.21 million. In April, SOL Strategies secured a $500 million convertible note facility from ATW Partners, uniquely structured to pay interest in SOL and align investor returns with Solana’s network growth. Additionally, the firm has signed a memorandum of understanding with Superstate to explore tokenizing its shares directly on Solana, positioning it on the frontier of bringing public equity onto the blockchain. More Allocations Ahead Wald says the reserve will stay flexible, with more ecosystem-supporting deployments expected soon. “This isn’t just about accumulating tokens,” the company reiterated in its announcement. “It’s about strategically backing the projects that are crucial to Solana’s growth and performance.” As SOL Strategies advances its mission, the firm appears poised to cement its position as a major institutional force helping shape Solana’s future. The post appeared first on CryptosNewss.com #SOLStrategies #solana $SOL
Trump Coin Nears Breakout, Will the Meme Token Surge 2x From Here?
Trump Coin’s two-month consolidation is nearing its end, with traders betting on a major breakout that could deliver a 100% rally if key levels hold.In the world of meme coins, the Trump Coin (TRUMP) is back in focus as technical charts flash a strong bullish reversal signal that has traders positioning for a potential doubling in price.Since mid-May, TRUMP has traded in a tight downward consolidation, capped by a falling wedge a classic pattern that often marks the turning point for big moves. With the wedge now in its final stages, momentum is building for a possible explosive upside. Open Interest Builds Amid Derivative Bets According to CoinGlass, open interest in TRUMP derivatives climbed 3% in the last 24 hours. The 4-hour long/short ratio is trending higher at 1.11, with over 52% of traders now positioned long. This indicates growing speculative interest that a decisive breakout may be around the corner. Key Chart Signals: MACD and RSI Confirm Bullish Bias On the 4-hour chart, TRUMP recently bounced from the wedge’s lower trendline support near $9.15 — an area that coincides with historic accumulation levels. Momentum signals are flashing green: the Moving Average Convergence Divergence (MACD) line has crossed above the signal line with widening distance, hinting at strengthening buying momentum. Meanwhile, the Relative Strength Index (RSI) has recovered from oversold conditions below 30, showing that sellers may be exhausted. If this setup mirrors April’s symmetrical triangle breakout, TRUMP could rally from its current zone to test March’s pre-tariff peak of $17.70 — nearly 100% above its present levels. Some traders are even eyeing the post-inauguration top near $24 if the pattern extends further. Geopolitical Tensions Remain a Risk Despite the technical optimism, TRUMP coin remains sensitive to macro factors. Ongoing uncertainty around the unresolved Israel-Iran conflict continues to weigh on meme coin sentiment overall. A breakdown of the wedge would invalidate the bullish pattern. If the $9.15 zone fails to hold as support, the next downside level is $7.15 — a 20% drop that would test April’s swing low. Bitcoin Hyper: A Possible Distraction? Meanwhile, Bitcoin could steal the spotlight as traders shift focus to Bitcoin Hyper ($HYPER) — the ecosystem’s first real-time Layer 2, designed to solve the scalability and smart contract limitations that have long plagued BTC. If adoption gains pace, some speculative capital may flow back to Bitcoin rather than meme coins like TRUMP. The post appeared first on CryptosNewss.com
IBIT, BlackRock’s flagship Bitcoin ETF, has officially become the asset manager’s most lucrative exchange-traded fund by trading fee revenue, signaling a major milestone for crypto ETFs in traditional finance.According to ETF analyst Nate Geraci, IBIT now brings in an estimated $186 million annually in trading fees — $3 million more than IVV, BlackRock’s popular S&P 500-based fund. This feat underscores growing investor appetite for regulated Bitcoin exposure, even as the crypto market’s famed volatility continues to taper off. iShares Bitcoin ETF now generates more fee revenue for BlackRock than its largest ETF, the iShares Core S&P 500 ETF…IBIT annual revenue = $186milIVV annual revenue = $183milIBIT w/ nearly $75bil AUM at 25bps.IVV $609bil at 3bps.Only took 18 months.h/t @bespokeinvest— Nate Geraci (@NateGeraci) June 27, 2025 IBIT’s Record-Breaking Run Since its launch less than a year ago, IBIT has repeatedly shattered industry benchmarks, earning the title of the fastest-growing ETF debut in history. Despite Bitcoin’s mixed price performance in recent months, IBIT has posted steady inflows and remains BlackRock’s crown jewel for ETF fee revenue. Geraci emphasized the significance: “BlackRock is generating more fee income from a Bitcoin product than from a traditional equity index tracker — that’s remarkable.” BlackRock’s data confirms that IBIT’s fee stream is now outpacing that of IVV, a cornerstone fund tracking the S&P 500 index. From Volatile Asset to ETF Stability While IBIT’s revenue surge shows strong market interest, its volatility trend tells a different story. ETF analyst Eric Balchunas noted that IBIT’s volatility is now nearly identical to IVV’s, compared to a year ago when IBIT was 5.7 times more volatile. This change reflects the broader crypto landscape. Bitcoin’s sharp price swings have softened, which some experts attribute to large institutional flows via spot ETFs. With massive capital pouring into Bitcoin ETFs like IBIT, traditional price cycles may be evolving, raising fresh questions about whether Bitcoin’s unpredictable behavior is permanently altered. What’s Next for IBIT and Bitcoin ETFs? Despite a calmer market, IBIT continues to lead the pack. May brought a mixed sentiment for the broader crypto sector, yet IBIT posted gains and dominated fresh ETF inflows. BlackRock’s consistent Bitcoin buying signals that the world’s largest asset manager remains committed to Bitcoin, even as it explores other altcoins. However, analysts caution that IBIT’s future growth may hinge on whether Bitcoin’s price action can regain momentum and whether new crypto breakthroughs revive investor excitement. So far, Bitcoin’s price has refused to drop below its ETF approval valuation, defying history for an asset once famous for its wild price swings. The post appeared first on CryptosNewss.com #BlackRock #IBIT #bitcoin $BTC
XRP Whale Activity Surges: Is a 420% Price Rally on the Horizon?
XRP is once again drawing attention from crypto investors as a key on-chain metric suggests the embattled token could be primed for a significant rally. Recent data from CryptoQuant shows that XRP’s 90-day moving average whale flows flipped back into positive territory at the start of May — a reversal from months of persistent negative outflows that weighed on price momentum. This trend shift echoes the pattern last observed in Q4 2024, when whale accumulation preceded a staggering 420% rally that pushed XRP to an all-time high of $3.40 in January. Although XRP has since traded with relatively muted returns, the fresh uptick in large-scale inflows hints that whales are positioning themselves for a potential breakout as Q4 2025 approaches. Whale Wallets Reach Record Highs Further reinforcing this bullish setup is wallet data pointing to growing investor conviction. According to futures trader Dom, the number of XRP wallets holding over 1 million tokens has hit a record 2,850. Meanwhile, wallets holding more than 10,000 XRP have increased by 6.2% year-to-date, reaching 306,000. Despite subdued trading volumes — Q2 figures on Binance marked the lowest since August 2020 — this steady growth in big-holder accounts underscores persistent faith among long-term investors. Sentiment Jumps on Ripple vs SEC Stalemate Adding fuel to the optimism, sentiment tracker Santiment reports that XRP’s social sentiment has climbed to a 17-day high. This uptick follows stalled progress in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Just this week, District Judge Analisa Torres rejected a motion for an indicative ruling in the drawn-out case, reminding both parties that private settlements cannot override the court’s authority. Journalist Eleanor Terrett noted that Judge Torres emphasized that unless both sides withdraw appeals, they must resolve the dispute through formal judicial processes. While the legal overhang has kept XRP’s price action rangebound for months, some analysts argue that clarity or even prolonged gridlock could spur new waves of accumulation, particularly if Bitcoin and Ethereum continue to lose short-term retail momentum. Will History Repeat Itself for XRP? For now, XRP trades above the $2 mark, closing every monthly candle above that level since December 2024. With whale flows rising and large wallet counts growing, technical traders are eyeing the same pattern that triggered the previous 420% rally. Whether XRP can replicate that explosive surge remains to be seen, but the stars appear to be aligning for a pivotal second half of 2025. The post appeared first on CryptosNewss.com #xrp #XRPPredictions #XRPPriceAnalysis $XRP
Bakkt Considers Bitcoin Buys After SEC Filing for $1B Capital Raise
Bakkt Holdings, the digital asset platform owned by Intercontinental Exchange, is making headlines after filing a $1 billion shelf registration with the US Securities and Exchange Commission (SEC) — and signaling fresh ambitions for Bitcoin treasury exposure. In its Form S-3 filing, Bakkt detailed plans to potentially raise to $1 billion through a mix of common stock, preferred shares, debt instruments, warrants, or bundled securities, depending on market conditions. The filing, made public this week, gives the firm broad flexibility to secure funding quickly if favorable conditions emerge .What’s driving speculation is Bakkt’s explicit nod to Bitcoin. While the company hasn’t yet purchased BTC for its balance sheet, the filing aligns with Bakkt’s recently updated investment policy, which now permits it to allocate capital toward Bitcoin and other digital assets. A Strategic Pivot for Bakkt The company says the timing, size, and structure of any Bitcoin treasury moves will depend on capital market trends, operational performance, and other strategic factors. While Bakkt highlighted its history of operating losses and noted that it has “identified factors that raise substantial doubt about its ability to continue as a going concern,” the $1 billion shelf gives it a critical capital lifeline as it pivots deeper into digital asset finance. The flexibility to quickly tap into the capital markets could position Bakkt to follow the blueprint popularized by firms like MicroStrategy and, more recently, Metaplanet and Trump Media, all companies that have turned Bitcoin into a strategic treasury reserve. Crypto IPO Wave Builds Bakkt’s strategic filing comes at a moment when the crypto sector is seeing renewed IPO momentum. Companies like Circle, eToro, and Gemini have recently filed or gone public, sparking wider public interest in blockchain-powered financial companies. In its statement, Bakkt emphasized the role these IPOs play in advancing mainstream crypto adoption. “These developments bring validation, visibility, and maturity to the market — but they also raise the bar for resilience, compliance, and transparency,” Bakkt said. The company added that this backdrop only heightens the need for robust infrastructure as it charts its next steps. Whether Bakkt will proceed with significant Bitcoin purchases remains to be seen. For now, the $1 billion filing is a clear signal that the company is positioning itself to act decisively if market conditions align, with a potential Bitcoin treasury play firmly on the table. The post appeared first on CryptosNewss.com #Bakkt #bitcoin $BTC
Dogecoin Rebounds Above $0.16, Analysts Predict 740% Rally to $1.40 by July
Dogecoin (DOGE) has re-entered the bullish spotlight after bouncing from a key support level near $0.142 earlier this week, igniting speculation of a major price rally heading into July. Now trading near $0.166, the popular meme coin has gained over 10% from its weekly lows, and analysts believe the move could be the start of a historic run toward the $1 mark.According to market watchers, Dogecoin’s recent dip hit a long-standing trendline dating back to October 2023. The weekly chart shows DOGE forming higher highs and higher lows within an ascending channel, a bullish structure that could set the foundation for a breakout in the coming weeks. July Could Be the Turning Point Crypto analyst WIZZ is among those sounding the bullish alarm. In a recent chart shared online, WIZZ suggests that July could serve as the “launchpad” for a Dogecoin rally, projecting a possible breakout to $1 or even $1.40 if support holds and momentum accelerates. That would represent a gain of over 740% from current prices, a level not seen since the height of Dogecoin mania in 2021. Multiple Analysts Agree: $1 DOGE Is Within Reach Other analysts echo the sentiment. Galaxy Research has placed a $1 Dogecoin price target for late 2025, while crypto trader Javon Marks forecasts a surge to $1.25 based on bullish continuation patterns. Additionally, some analysts are revisiting a falling wedge breakout pattern identified in March, which predicted a 500% rally from local lows. Risks Remain Despite Bullish Setup Still, despite the renewed optimism, skeptics point to Dogecoin’s lack of underlying fundamentals. Unlike Ethereum or Solana, which power major DeFi ecosystems, Dogecoin’s utility remains limited. Much of its price movement continues to be driven by community sentiment and broader crypto market trends. If Bitcoin stalls or retraces, DOGE often more volatile than large-cap coins, could suffer deeper corrections. Trader Strategy: Profit Targets and Risk Management Dogecoin’s setup may offer massive upside, but traders are urged to proceed with caution. A 500% gain in a month would be extraordinary even for meme coins, and would likely require perfect alignment of bullish technicals, retail enthusiasm, and overall crypto market strength. Experts suggest setting clear profit targets and tight stop-loss levels to mitigate risk, especially given the coin’s historic volatility. The post appeared first on CryptosNewss.com #Dogecoin #MEMECOİN $DOGE
Shiba Inu Price Prediction: $0.0007 Target Could Bring 6,000% ROI
Shiba Inu (SHIB), the meme-born cryptocurrency, is once again sparking headlines with bold price predictions. If SHIB were to hit $0.0007, a $1,000 investment today could balloon to an impressive $60,449, a staggering 6,044% return. This hypothetical scenario is fueling new retail interest as market watchers debate whether such gains are even feasible. Currently, SHIB is trading around $0.00001158. At that price, $1,000 secures roughly 86.35 million tokens. If SHIB hits the $0.0007 mark, those same tokens would yield over $60,000, making it one of the most lucrative small-investor trades in crypto history — assuming the token supply remains unchanged. Resistance Levels & Supply Challenges However, technical analysis reveals significant resistance zones. Between $0.000012 and $0.000014, more than 65 trillion tokens are held across 88,650 wallets, according to on-chain data. An even stronger resistance wall looms between $0.000014 and $0.000019, where over 500 trillion SHIB reside. Breaking through these barriers will require serious momentum, not just community hype. Could Token Burns Change the Game? To make the $0.0007 dream more plausible, crypto analysts are pointing to the need for drastic supply cuts. Shiba Inu’s current circulating supply is a jaw-dropping 589 trillion tokens. If this could be reduced to around 10 trillion through an aggressive burn strategy, some believe the price could feasibly climb without overtaking Ethereum’s market cap. Analyst platforms like Telegaon suggest SHIB could reach the $0.0007 target by 2030. Changelly is more conservative, projecting a timeline between 2035 and 2039. Both agree that supply cuts and sustained community growth are prerequisites. As it stands, SHIB’s market cap is hovering near $7 billion. Reaching $0.0007 would push that to $412 billion, placing it just behind Bitcoin in total value, an achievement that would require monumental adoption and consistent token burning. What Could Spark the Rally? Burn campaigns remain central to the Shiba Inu community, though a lack of clarity around execution and timing continues to cloud long-term projections. Any new burn mechanisms, decentralized apps, or ecosystem partnerships could sway momentum, especially if aligned with broader crypto market rallies. Still, SHIB’s path to $0.0007 is speculative at best. While the potential returns are mouth-watering, the reality is that it would likely require years of ecosystem development, utility expansion, and an unprecedented level of investor participation. The post appeared first on CryptosNewss.com #shibaInu #memecoin $SHIB
PEPE Price Plummets 35% in June as 37% of Holders Remain Unshaken: Bounce Incoming?
Ethereum-based memecoin PEPE has extended its bearish slide, falling another 6% today to cap a monthly loss of 35%, and year-to-date losses now stand at 25.7%. That means every single PEPE buyer in 2025 is currently in the red. Despite the bloodbath, data from IntoTheBlock reveals that 37% of PEPE holders haven’t moved a single token in over a year, raising questions: are these truly “diamond hands” or simply dead wallets? The token, now trading at $0.00000929, has dropped nearly 11% over the past week alone. Yet it still holds the spot as the third-largest memecoin by market cap at $3.9 billion, behind Shiba Inu ($6.7B) and Dogecoin ($24.1B). Whales are Still in Control Data shows that PEPE whales control a whopping 75% of the token supply, and surprisingly, 46% of all holders remain profitable, suggesting early accumulators still have cushion room. Wallets holding between 1 and 12 million PEPE tokens continue to stay inactive, signaling minimal sell pressure from mid-sized holders, at least for now. I've been holding $PEPE for 2+ years now, patience is about to pay BIG TIMEIt will be obvious in hindsight pic.twitter.com/VQ4nbJGfVQ— Jameson (@jamesonxbt) June 25, 2025 Renowned trader JamesonXBT noted he has held onto PEPE for over two years, stating, “Patience is key. PEPE will reward believers again.” Another analyst pointed to a bullish chart structure similar to those that triggered explosive 25% rallies in previous cycles. Elon Musk Meme Ignites Optimism Adding fuel to the speculative fire, Tesla CEO Elon Musk recently shared a PEPE-themed meme, racking up over 60 million views on X (formerly Twitter). The post echoes a December profile picture update that preceded a PEPE rally, which led to an increase in market cap to over $10 billion. pic.twitter.com/QyKLzXez3L— Elon Musk (@elonmusk) June 19, 2025 The timing wasn’t lost on traders or media outlets — The New York Post released a guide on how to buy PEPE just days after Musk’s meme, hinting at rising mainstream awareness. Meanwhile, a prominent OKX exchange analyst forecasted an 800% gain, comparing current price action with patterns seen two years ago. PEPE’s 24-hour trading volume surpassed $2.4 billion, per CoinGlass, showing a 5.4% rise, with funding rates remaining positive for three straight days, indicating bullish derivatives sentiment. Oversold Signals and Support Zones Technical charts add intrigue to the bullish speculation. The Relative Strength Index (RSI) sits at 30.85, nearing classic oversold levels. Historically, PEPE has bounced from this zone during similar downturns, including in March and May. Price is currently consolidating above a support zone between $0.00000830 and $0.00000872. If this zone holds, analysts believe PEPE could target a recovery toward $0.00002000, with potential upside to $0.00002836. However, a breakdown below $0.00000830 would invalidate this outlook, potentially dragging PEPE down to $0.00000525. The post appeared first on CryptosNewss.com #PEPE #pepecoin #memecoin🚀🚀🚀 $PEPE
Pi Network Price Jumps 19%: Is a Breakout to $1 on the Horizon?
Pi Network (PI) has reentered the crypto spotlight with a sharp 19% price jump in the last 24 hours, reaching $0.63. The surge is driven by growing excitement surrounding the upcoming Pi2Day event and a notable 153% spike in trading volume to $285.65 million. The coin now holds the top trending spot across multiple crypto platforms. Analysts Signal Breakout Potential Ahead of Pi2Day According to crypto analyst Kim H. Wong, Pi’s price action is setting the stage for a potential breakout above the $0.65 resistance zone. If breached, Wong suggests PI could quickly climb toward the $0.80 to $1 range. Given its all-time high of $3 and recent low of $0.40, there’s still considerable room for growth. Joe Swanson, another analyst, echoed this sentiment, stating that this price behavior aligns with his predictions. “This could be the start of a multi-week rally,” he noted, especially with Pi2Day 2025 just three days away. Pi2Day, an annual event observed by the Pi community, is expected to feature updates on ecosystem expansion, GenAI integration, and KYC upgrades, potentially fueling bullish momentum further. Technical Indicators Support Short-Term Strength While long-term indicators still show weakness, Pi Network’s short-term chart patterns are encouraging: Short-term Moving Averages (10/20/30-day): Show strong buy signalsLonger-term Averages (50/100-day): Remain in bearish territory The coin is now flirting with the $0.65 breakout level, and a successful push through could validate a mid-range target near $0.80 or even $1, depending on market response to Pi2Day developments. Whale Accumulation and Institutional Interest Pi’s bullish rally also appears to be driven by whale accumulation. On-chain data shows one wallet accumulating over $173 million worth of PI, possibly indicating institutional involvement or early strategic positioning ahead of Pi2Day. The Pi community is equally buzzing over the expected KYC Sync feature, which will allow users to link their ID between the Pi App and Pi Browser, making Mainnet migration smoother for millions. But Risks Remain: Token Unlock Looms Large Despite the optimism, analysts are urging caution. Crypto strategist Dr. Altcoin highlighted that while Pi has strong upward potential, a correction could follow the current hype. A key concern is the upcoming unlock of over 268 million PI tokens in July, the largest release until 2027, which may place selling pressure on the token. However, he noted that the recent Israel-Iran ceasefire has restored some investor confidence in high-risk assets. Dr. Altcoin expects a steady climb starting in late August as the unlock impact subsides. Final Thoughts With Pi2Day just around the corner and growing excitement around potential AI and KYC integration, Pi Coin is at a pivotal point. If it can sustain its momentum, break the $0.65 resistance, and leverage upcoming events successfully, the dream of $1 Pi may no longer be out of reach. The post appeared first on CryptosNewss.com
Kalshi Becomes Major Polymarket Competitor After $185M Round, Regulatory Green Light
Kalshi, the regulated prediction market platform, has secured a $185 million investment round at a $2 billion valuation, positioning itself as a leading rival to Polymarket. The raise, first reported by The Wall Street Journal, was led by Paradigm with additional support from Sequoia Capital, Multicoin Capital, and other prominent investors.CEO and co-founder Tarek Mansour confirmed that the newly raised funds will be used to bolster Kalshi’s technology infrastructure and expand its presence across retail brokerages. Currently, Kalshi’s markets are integrated with Robinhood and Webull, with more platforms expected to come online soon. User and Market Growth Explode Kalshi’s momentum has accelerated rapidly over the past 12 months. The platform has grown its trading volume 100-fold, increased its user base 10x, and quintupled its number of active markets. These gains coincide with key regulatory and legal victories, including a landmark U.S. federal court decision permitting trading on election outcomes, overturning a century-old prohibition. This breakthrough followed a legal battle with the Commodity Futures Trading Commission (CFTC), which had challenged Kalshi's political event contracts as potential gambling instruments. In May 2025, the CFTC dropped its appeal, clearing the path for Kalshi to offer election-related markets legally in the United States. Political Market Momentum and Strategic Backing Kalshi's success during the 2024 U.S. election cycle underlines its potential. It reported over $875 million in political market trading volume and more than 16 million trades in the NYC mayoral primary alone. The momentum has attracted high-profile backing. In January, Donald Trump Jr. joined the company as a senior advisor, highlighting Kalshi’s growing influence at the intersection of politics, finance, and crypto. Kalshi vs. Polymarket: Regulatory Advantage While Polymarket has dominated in open interest—reportedly just under $600 million—Kalshi now leads in the number of active markets, per data from Polymarket Analytics. Crucially, Polymarket lacks U.S. regulatory licensing, whereas Kalshi operates under full compliance, offering a clear advantage in institutional trust and retail adoption. Polymarket remains strong in election prediction markets, with its U.S. presidential market exceeding $3 billion in volume. However, Kalshi’s regulated structure may give it the edge for broader, mainstream financial integration. Crypto Integration and Institutional Focus Kalshi is also targeting crypto-native traders with a new ZeroHash partnership that allows deposits in Bitcoin, Solana, Worldcoin, and USDC. This crypto integration positions the platform to tap into a large user base already familiar with decentralized finance and tokenized assets. According to Bloomberg Intelligence, Kalshi accounted for 79% of all sports prediction trading volume during March and early April 2025, a sign of its growing dominance beyond politics. Final Thoughts Kalshi’s $185 million raise and its resulting $2 billion valuation represent a pivotal moment in the evolution of regulated event-driven markets. With a strong legal framework, growing user base, and crypto-friendly features, Kalshi is emerging as a powerful force in the prediction market space—one that may eventually outpace unregulated competitors like Polymarket. As prediction markets gain traction among both traditional and crypto investors, Kalshi's regulated and strategically aggressive approach could set a new standard for the industry. The post appeared first on CryptosNewss.com #Kalshi #Polymarket $BTC
ProCap Financial Merges Into Nasdaq Spotlight With $1B Bitcoin Deal
Entrepreneur and Bitcoin advocate Anthony Pompliano has unveiled the formation of ProCap Financial, a new Bitcoin-native financial services firm created through a $1 billion merger between ProCap BTC, LLC, and Columbus Circle Acquisition Corp.Following the merger, ProCap Financial will now be listed on the Nasdaq stock exchange, giving traditional investors direct access to a Bitcoin-centered financial services company. The move underscores the increasing trend of Bitcoin integration into legacy finance structures. “Today I am announcing a $1 BILLION merger to create ProCap Financial, a bitcoin-native financial services [firm],” Pompliano posted, confirming the deal and Nasdaq listing. Strategic Expansion of Bitcoin Financial Infrastructure ProCap Financial aims to offer a suite of Bitcoin-focused services catered to both institutional and retail investors. With this new entity, Pompliano seeks to bridge the gap between decentralized assets and traditional capital markets. The merger is not only seen as a business consolidation but also as a strategic signal to Wall Street about Bitcoin’s long-term role in the global financial ecosystem. By going public, ProCap joins the ranks of companies like MicroStrategy and Coinbase in making digital assets more accessible through regulated investment vehicles. Bitcoin Market Response and Institutional Momentum The announcement coincided with a continued rally in Bitcoin’s price. As of June 26, 2025, Bitcoin (BTC) is trading at $108,103.69, with a market capitalization of $2.15 trillion and dominance of 64.65%, according to CoinMarketCap. Over the past 24 hours, Bitcoin is up 1.40%, reinforcing bullish investor sentiment. Institutional interest in Bitcoin continues to surge, led by companies such as BlackRock, Fidelity, and VMS Group, with growing allocations to Bitcoin and Ethereum ETFs. “The regulatory clarity combined with capital access is turning Bitcoin into a global macro asset class,” noted Elton Cheung of VMS Group, emphasizing the institutional tailwinds. Market Implications With the successful listing of ProCap Financial, the crypto industry sees further legitimization of Bitcoin's utility in traditional finance. Analysts believe this could lead to an influx of institutional funds, especially as ETFs and public companies increase exposure to digital assets. Pompliano’s move sets a precedent for other crypto-focused firms to consider public listings, offering a regulated gateway into Bitcoin finance without direct token exposure. The post appeared first on CryptosNewss.com #ProCap #bitcoin $BTC
World Liberty Financial, co-founded by Zak Folkman, is witnessing a surge in interest from major pub
World Liberty Financial, co-founded by Zak Folkman, is witnessing a surge in interest from major public firms exploring crypto asset adoption beyond Bitcoin. Speaking on June 25, 2025, Folkman revealed that several companies have shown interest in using the USD1 stablecoin for treasury management, echoing the model pioneered by Michael Saylor’s firm, Strategy.Folkman predicted USD1 could become the world’s leading stablecoin by market capitalization, surpassing Tether’s USDT, which currently leads with a circulating supply of over $156 billion. “We’ve tackled the structural challenges. Now it’s just a matter of time,” said Folkman, suggesting significant adoption is on the horizon. From Strategy to World Liberty: New Crypto Treasury Models Emerge Public companies like Goodfood Market Corp., Semler Scientific Inc., and Trump Media & Technology Group Corp. have already adopted or proposed holding crypto on their balance sheets. However, instead of Bitcoin, some firms are diversifying. Recently, Upexi Inc. raised $100 million to purchase Solana (SOL) for its reserves, while Sharplink Inc. holds $425 million worth of Ethereum (ETH). This signals a notable shift from the Bitcoin-centric treasury model to multi-token strategies. Stablecoin Wars: USD1 vs. USDT, Circle, and FIUSD World Liberty’s USD1 stablecoin, currently valued at $2.1 billion, is positioning itself against established giants like Circle’s USDC and Tether’s USDT. The potential passage of the Genesis Act, a U.S. Senate-approved stablecoin regulation, further boosted confidence in dollar-pegged digital assets. Meanwhile, traditional fintech firms are joining the stablecoin race. Fiserv recently announced its upcoming FIUSD token, backed by Paxos and Circle, set for launch by year’s end. It aims to integrate stablecoins into mainstream banking and payments. Shares of Circle rose 15% on the news, while Fiserv and PayPal saw 2.3% and 1.7% upticks, respectively. Financial Analysts: Stablecoins Are Now a Strategic Asset According to analysts at TD Cowen, Fiserv’s rapid stablecoin innovation reflects an industry-wide transformation. “This marks a decisive step in merging legacy banking with blockchain infrastructure,” the firm said in a note. Stablecoins are increasingly used for cross-border payments, transaction speed, and digital finance access, reflecting the evolution of decentralized finance from niche to necessity. The post appeared first on CryptosNewss.com #WLFiToken #WorldLibrtyFinancial $BTC
Mastercard and Chainlink Unlock On-Chain Crypto Payments for Billions of Users
In a major step toward merging traditional finance and decentralized finance (DeFi), Mastercard and Chainlink have unveiled a groundbreaking on-chain fiat-to-crypto conversion system, enabling direct crypto purchases for Mastercard’s 3 billion cardholders globally. Announced Tuesday via a joint press release, the collaboration aims to eliminate long-standing structural barriers that hinder user access to digital assets. Unlike traditional crypto payment models—which rely on off-chain conversions and intermediaries—this solution operates entirely on-chain, delivering a secure and seamless transaction process. A Technological Milestone in Crypto Accessibility The infrastructure behind this initiative includes a broad alliance of partners, each contributing a critical component: Chainlink: Provides decentralized oracle technology to connect on-chain and off-chain data.Zerohash: Ensures regulatory compliance, custody, and fiat-to-crypto conversions.Swapper Finance: Offers the user interface, integrating XSwap, a Chainlink-affiliated decentralized exchange.Shift4 Payments: Handles traditional card payment processing.Uniswap: Delivers on-chain liquidity for real-time asset swaps. Together, they deliver a unified experience where users can purchase cryptocurrencies directly using Mastercard, without leaving the blockchain environment. Chainlink described the integration as a vital leap forward: “We are removing longstanding barriers that prevented users from accessing the on-chain economy.” Mastercard Embraces DeFi at Scale Raj Dhamodharan, Executive Vice President of Blockchain and Digital Assets at Mastercard, stated: “People want to easily connect to the digital asset ecosystem, and vice versa. This solution offers a safe and innovative way to revolutionize on-chain commerce and promote broader crypto adoption.” This development reflects a strategic shift for Mastercard, marking a transition from simple co-branded crypto cards to full-on-chain utility. Instead of simply allowing users to spend pre-owned crypto, Mastercard is now enabling native blockchain purchases through decentralized protocols such as Uniswap, bringing the crypto experience closer to mass-market usability. Will This Disrupt Centralized Crypto Platforms? As Mastercard lays the groundwork for direct DeFi access, questions naturally arise. Could this disrupt centralized crypto exchanges like Coinbase and Binance? Might it prompt further scrutiny from regulators, given the direct bridge between fiat and crypto systems? With the infrastructure now live and functional, Mastercard and Chainlink may set a precedent for what hybrid financial ecosystems look like in the coming years. The initiative also builds on Mastercard’s broader crypto ambitions, which include recent partnerships with Kraken to launch a crypto card in Europe and the UK. This seamless integration of blockchain tech and traditional payment networks marks a new chapter in decentralized finance. With crypto adoption once again accelerating, Mastercard's on-chain strategy, backed by Chainlink’s decentralized architecture, could define a new gold standard for digital payments. The post appeared first on CryptosNewss.com #Mastercard #Chainlink $LINK
Metaplanet Raises $517M on Day One of ‘555 Million Bitcoin’ Strategy
Metaplanet, the Tokyo-listed investment firm undergoing a full-scale transformation into a Bitcoin-focused entity, has kicked off its ambitious “555 Million Bitcoin Plan” by raising over $517 million on Day One, according to official filings released Wednesday. 10% of the 555 Million Plan executed on Day 1. ¥74.9B ($0.5B+) raised. https://t.co/53bjAT6Egm— Simon Gerovich (@gerovich) June 25, 2025 The raise came via the issuance of 54 million new shares, priced at ¥1,388 (~$9.59) each. The shares were purchased by EVO Fund, which exercised a portion of its stock acquisition rights. This initial tranche represents about 10% of the total 555 million shares Metaplanet plans to issue as part of the program. To raise $5.4 billion to purchase up to 210,000 Bitcoin—roughly 1% of the total BTC supply—Metaplanet is positioning itself as a potential heavyweight in the digital asset space. If fully executed, the plan would place the firm alongside or even above giants like MicroStrategy in terms of total Bitcoin holdings. “96% of the funds raised will be used to purchase Bitcoin,” Metaplanet stated in its filing. “The remainder will support bond redemptions and yield-generating strategies.” The capital raise follows Metaplanet’s earlier board approval to allocate up to $5 billion to its U.S. subsidiary, Metaplanet Treasury Corp, headquartered in Florida. This American division will manage Bitcoin acquisitions and broader treasury functions, leveraging U.S. capital markets and infrastructure. With this bold move, Metaplanet is often being dubbed as “Japan’s MicroStrategy,” reflecting its mimicry of the U.S.-based software firm’s pioneering BTC accumulation model. MicroStrategy currently holds over 1% of Bitcoin’s supply, acquired via equity raises and convertible debt. Metaplanet’s strategic intent is clear capture a leading role in the digital asset economy across the Asia-Pacific region, leveraging Japan’s maturing regulatory framework and investor appetite for digital exposure. Following Monday’s issuance, Metaplanet’s outstanding share count surged past 654 million, marking a significant milestone in its multi-phase capital plan. If the full $5.4B target is met, Metaplanet’s Bitcoin holdings would place it among the top corporate BTC holders worldwide, rivaling or even surpassing existing titans in the crypto treasury space. This marks another sign of growing institutional interest in Bitcoin, particularly in Asia, and further validates corporate crypto accumulation as a viable treasury strategy amid global inflation and monetary uncertainty. The post appeared first on CryptosNewss.com #metaplanet #bitcoin $BTC
Polymarket Nears $1 Billion Valuation with $200M Raise Led by Founders Fund
Blockchain-based prediction market platform Polymarket is reportedly close to finalizing a $200 million funding round, which would push the company's valuation to approximately $1 billion, granting it coveted “unicorn” status, according to Reuters and Bloomberg. The investment round is said to be led by Peter Thiel’s Founders Fund, despite Polymarket’s legal entanglements and a current ban on U.S. users. The FBI executed a search warrant on Polymarket’s founder, Shayne Coplan, in November 2024, seizing electronics over allegations that the platform was giving access to American users .This upcoming funding builds on previous undisclosed rounds, including a $50 million investment earlier in 2025, pushing Polymarket’s total funding well past the $100 million mark. Explosive Growth Despite Regulatory Headwinds Polymarket's momentum surged throughout 2024, notably during the U.S. presidential elections, when its monthly trading volume peaked at $2.5 billion in November. In comparison, May 2025 recorded $1.1 billion, according to Dune Analytics—a 56% decline, but still a significant figure. The platform currently boasts: 1.2 million active traders21,000 open prediction markets20 million open positionsOver $700 million in trading volume Bets range from geopolitical events—such as Israel-Iran conflicts, Russia-Ukraine ceasefires, or U.S. recessions—to regulatory outcomes, including a reported 87% probability that the GENIUS Act stablecoin bill will pass this year. Partnership With Elon Musk’s X and Grok AI Fueling optimism around Polymarket’s potential is its strategic partnership with Elon Musk’s platform X (formerly Twitter), announced in early June. The collaboration integrates Polymarket’s decentralized prediction markets with Grok, X’s in-house AI chatbot, for enriched real-time event analysis. While the synergy could bring predictive analytics into mainstream discourse, the regulatory risk remains significant. Alongside the U.S., Polymarket faces restrictions or outright bans in France, Singapore, Thailand, Taiwan, Poland, and Belgium. Market Position and Competition Despite these challenges, Polymarket has emerged as the leading decentralized prediction platform globally. Its competitors include Kalshi, a U.S.-based CFTC-regulated exchange backed by Y Combinator and Sequoia Capital. Allegations of market manipulation have also stirred controversy around Polymarket’s model, although no formal charges have been filed. Final Outlook If the current round closes as reported, Polymarket will not only solidify its place as a crypto unicorn but also reframe the viability of blockchain-based prediction markets at scale. Its alignment with influential figures like Peter Thiel and Elon Musk could catalyze broader adoption, even as it navigates compliance hurdles. The post appeared first on CryptosNewss.com #Polymarket $BTC