[LIVE] Crypto News Today: Latest Updates for July 7, 2025 Elon Musk Proposes Pro-Bitcoin American Party After Fallout With Trump
The cryptocurrency market experienced a slight downturn today, with the total market capitalization decreasing by 1.5%. Bitcoin's price increased by 1.3% over the last 24 hours, and it is currently trading above $109,400. Ethereum performed well, rising by over 2.4% and trading above $2,570. Additionally, Elon Musk has reportedly proposed forming a pro-Bitcoin American political party following a disagreement with Donald Trump.
XRP Price Strengthens Eyes Set on Key Resistance Levels
XRP's price is currently showing positive momentum, having risen from the $2.20 level and trading above $2.2320, surpassing its 100-hourly Simple Moving Average. A key resistance level to watch is $2.2850, and successfully breaking through this could lead to further gains towards $2.320, potentially reaching $2.350 or even $2.40. A short-term contracting triangle is forming with resistance at $2.280. Conversely, if XRP fails to overcome the $2.2850 resistance, it might experience a decline with initial support around $2.260 and further support at $2.2320. A break below $2.2320 could trigger a drop towards $2.20 or even $2.150. Technical indicators show the MACD gaining bullish momentum and the RSI above 50.
XRP Holds $2.20 Bulls Stay in Control, But Storm Clouds Still Linger
XRP is currently trading around $2.26, showing a modest daily gain of 3.7%. Trading volume has significantly increased by 91% to $2.28 billion, while futures open interest has slightly decreased by 2.4%. The Relative Strength Index (RSI) is neutral at 52. Analysts suggest that a break above $2.38 could lead to a significant price increase. Conversely, failure to hold above $2.20 could result in a drop to $1.24. One analyst predicts a potential long-term target of $120 based on a bullish triangle breakout pattern.
Crypto News Today: Bitcoin Hits Record Weekly Close, Next Stop $112K?
Bitcoin has achieved a new record high weekly close at $109,200, signaling continued strength in the bull market. Currently trading around $109,428, Bitcoin needs to surpass $112,000 to potentially enter a price discovery phase. Key resistance levels to monitor are $110,000 to $112,000, while support lies between $103,000 and $105,500. This development coincides with the upcoming U.S. Congress Crypto Week starting July 14, where discussions on crypto regulations could influence market dynamics and investment flows. A potential rally is anticipated in late July, followed by a possible dip in August and another surge in September or October.
UAE Authorities Deny TON Claims Over Golden Visa Offer for Crypto Investors, TON Dips 6%
UAE authorities have denied claims made by The Open Network (TON) regarding a golden visa program for crypto investors who stake $100,000 worth of TON tokens for three years and pay a $35,000 processing fee. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) jointly stated that crypto investments are not related to golden visa eligibility and warned against unverified offers. VARA confirmed that TON is not a licensed or regulated company in Dubai. Following the denial, the price of TON fell by 6% after briefly surging 10% on the initial announcement. Changpeng Zhao, former CEO of Binance, also questioned the validity of TON's claims before the official denial was released.
Trump will slap an extra 10 percent tariff on any country backing BRICS anti-American stance
Donald Trump announced a 10% tariff on imports from any country that aligns with what he considers anti-American policies of the BRICS group, which includes Russia, China, Brazil, South Africa, India, Egypt, Saudi Arabia, UAE, Ethiopia, Iran, and Indonesia. Official notifications of the increased tariffs are scheduled to be sent out by July 9th, with the new rates taking effect on August 1st. These actions are intended to push countries to strike trade deals with the US. Trump has previously outlined potential tariffs as high as 50% on some goods but delayed implementing rates above 10% until July 9th to allow for negotiations. Treasury Secretary Bessent mentioned upcoming trade announcements and stated that smaller trading partners will revert to higher tariff levels originally set for April 2nd if agreements aren't made. While these trade measures have stirred international disputes, there may be some flexibility for countries that are making progress in negotiations with the US, potentially extending deadlines past August 1st. India is considered close to an agreement, and Trump is hopeful about a trade deal with the EU.
No, Roger Ver Did Not Secure The First US Bitcoin Visa From President Trump
A fake social media post claimed Roger Ver, a known figure in the Bitcoin world, received the first US Bitcoin Visa from Donald Trump in exchange for supporting the US National Bitcoin stockpile with 80,000 BTC. The post originated from an X user who later admitted it was fabricated. This claim circulated amid Roger Ver's ongoing legal battle with the US government over allegations of filing false tax returns related to his Bitcoin holdings and his public appeal to President Trump for a pardon. Separately, President Trump has expressed a pro-crypto stance, reversing some prior regulations and proposing a Strategic Digital Asset Reserve using seized cryptocurrencies. He also proposed a Gold Card visa program for those investing $5 million in the US, although it's unrelated to Bitcoin or Roger Ver. Trump has not publicly responded to Roger Ver's pardon request.
Ethereum Price Pushes Higher Eyes Set on Next Major Barrier
Ethereum's price has increased, surpassing $2,520 and $2,550, indicating positive momentum. It's currently trading above $2,565 and the 100-hourly Simple Moving Average. A previous bearish trend line was broken at $2,520. If Ethereum holds above $2,520, further gains are expected, with potential resistance at $2,600, $2,620 and then $2,650. A break above $2,650 could lead to a rise towards $2,720, potentially reaching $2,750 or $2,800. However, failure to overcome the $2,600 resistance could trigger a decline, with initial support around $2,550 and major support at $2,520. A drop below $2,520 could lead to further declines towards $2,500, $2,420, and $2,350.
Ethereum Eyes $8.5K as ETF Buzz and Network Growth Heat Up
Ethereum is currently trading around $2,560 and showing signs of a potential breakout. Ethereum ETFs saw $1.17 billion in inflows in June and are projected to reach $10 billion by the end of the year, potentially driving the price higher. Technical analysis suggests the next major resistance level is around $5,791, with a possible move towards $8,500 by the end of 2025 if the current momentum continues. The growth of Ethereum's Layer 2 solutions and increased staking rewards are also contributing to the positive outlook.
Elon Musk Says America Party Will Embrace BTC as 'Fiat Is Hopeless'
Elon Musk stated on X (formerly Twitter) that his planned 'America Party' would support Bitcoin, believing that traditional currency ('fiat') is failing. Musk's companies, Tesla and SpaceX, already hold Bitcoin. The 'America Party' emerged after a disagreement between Musk and Donald Trump over fiscal policy. The party aims for a pro-technology, pro-free speech, and anti-regulation stance with centrist policies. The party is not yet officially registered and details are available only from Musk's online posts. The party will initially focus on House and Senate races, not a Presidential candidate. Trump responded by criticizing Musk on Truth Social.
Bitcoin Price Resumes Upward Move Can It Break New Highs?
Bitcoin's price has begun to climb again, exceeding $108,500 and currently trading above this level as well as the 100-hour simple moving average. It broke through a bearish trend line around $109,350, suggesting potential for further gains if it remains above $108,350. The immediate resistance level to watch is near $109,750, with a key level at $110,000. A move above $110,000 could lead to tests of $112,000, $113,200, and potentially $115,000. However, failure to surpass $110,000 could trigger a decline, with immediate support around $108,800 and major support at $108,350, followed by $107,250, and then $106,400. The main support sits at $105,000. Technical indicators like the MACD and RSI suggest a bullish momentum currently.
Elon Musk says his America Party is going to be pro-Bitcoin
Elon Musk has announced his newly formed America Party will support Bitcoin. This announcement follows the party's launch after Musk's public disagreement with Donald Trump. Musk stated "Fiat is hopeless" on X. Musk's decision to form the party was influenced by the passage of the One Big Beautiful Bill Act, which also triggered his split from Trump. He plans to back primary challenges against Republican lawmakers who supported the bill. Despite his wealth, challenges exist, including his ineligibility to run for president due to being born in South Africa, and the difficulties in gaining ballot access across all states. He has yet to specify who will lead the party or its structure.
Can Ethereum Price Flip $2,500 Into Support And Ignite An Altcoin Rally?
Ethereum's price is currently testing the $2,500 level, which is seen as a critical point. If Ethereum can maintain this level as support and move above the $2,800-$2,880 range, analysts believe it could trigger a broader altcoin rally. Ethereum network activity is also high, with daily on-chain transactions approaching all-time highs, suggesting strong user demand. Bitcoin's dominance in the crypto market has recently declined from approximately 58%, a level that previously marked cycle tops, which historically leads to increased investment in altcoins like Ethereum. Institutional investors are also showing increased interest in Ethereum, with significant recent withdrawals and acquisitions.
TikTok building US version of app ahead of sale talks
TikTok is developing a new U.S.-specific version of its app, codenamed M2, in anticipation of a potential sale of its U.S. operations. The new app is expected to be available in U.S. app stores as early as September 5th. Users will eventually need to download the new app, although the current TikTok app will remain functional until March of next year, though this timeline may change. This development follows President Trump's statement that he intends to discuss a potential TikTok agreement with China, possibly with President Xi, this week. A previous deal was suspended after China indicated it would not finalize it due to Trump's tariffs on Chinese goods. The U.S. has relaxed export controls on China for certain technologies, potentially easing trade tensions and creating a path for a larger agreement. Trump also mentioned potential tariffs for other countries exporting to the U.S. will take force on August 1st.
Xiaomi founder jabs Apple while celebrating record-breaking EV orders
Xiaomi founder Lei Jun highlighted the company's success in the electric vehicle market by referencing Apple's failed car project. Xiaomi received over 289,000 orders for its new SUV within an hour, exceeding the demand for its SU7 sedan. The company has invested heavily in the EV supply chain, including building its own EV plant, and aims to deliver 350,000 vehicles in 2025, including the SU7 and the new SUV, YU7. The SU7 starts at $30,100 and the SUV at $35,000. Xiaomi projects its EV unit will be profitable in the second half of 2025. The company plans to expand overseas car sales by 2027, potentially starting in Germany, Spain, and France.
Bitcoin Reclaims $108KAnalysts Now Eye $123K or Maybe Even $162K?
Bitcoin has surpassed $108,000, prompting analysts to predict potential future price increases to $123,000 or even $162,000. These projections are based on institutional investment patterns and technical chart analysis, including wedge breakouts and megaphone patterns. A key level to watch is $110,400; a sustained close above this could trigger further upward movement, while dropping below $105,500 might lead to a price decline. Increased leverage in the market and unusual activity from a long-dormant Bitcoin whale are contributing to speculation and the possibility of significant price volatility. Bitcoin rose from approximately $97,500 to $108,100 recently showing building momentum.
Tesla crashes along with gold and S&P 500 as Bitcoin makes highest weekly close ever
Tesla stock fell slightly to $315.35 alongside a broader decline in US stocks and metals after President Trump confirmed new tariffs would begin August 1st, reversing market expectations. Bitcoin, however, reached its highest weekly close ever, surpassing $109,000. Nearly 50,000 Bitcoin moved into US spot ETFs in the past month. Gold decreased to around $3,325 per ounce. The S&P 500 lost momentum after the tariff delay announcement. The US Dollar Index decreased slightly to 96.90. Silver increased to $37.225, its highest price in almost 14 years.
Asia Morning Briefing: Michael Saylor's BTC Buys Aren't Making Up For Slowing Spot Demand, Say Analysts
Bitcoin's price is struggling to break out despite institutional buying from firms like MicroStrategy (MSTR) and inflows into Bitcoin ETFs. CryptoQuant reports that overall demand for Bitcoin has contracted by 895,000 in the last 30 days, outweighing the impact of institutional purchases. ETF and MSTR buys have slowed compared to December with ETFs purchasing 40,000 BTC and MSTR purchasing 16,000 BTC in the last month. A nearly empty Bitcoin mempool indicates weak retail spot demand. SkyBridge Capital's Anthony Scaramucci suggests the trend of companies adopting Bitcoin treasury strategies may fade. Standard Chartered maintains a $200,000 price target for Bitcoin. Bitcoin consolidated around $108,500, with support at $108,200-$108,300. Ethereum rallied to $2,558.63, finding support at $2,510. Gold increased by 1.91% to $3,336.61 last week.
Floki Price Prediction: Key Zone Holds as Analysts Eye $0.00001460 and $0.000036 Targets
Analysts are watching FLOKI closely, currently trading around $0.00007471, to see if it can maintain its upward momentum. Key support levels are holding, and if they continue to do so, potential targets are $0.00002554 and $0.00003652. A break above $0.00001040 could signal further gains, with short-term targets at $0.00001160 and $0.00001460. However, trading volume has decreased, indicating some hesitation among buyers. The price has fluctuated between $0.00007300 and $0.00007650, with $0.00007300 acting as support. Technical indicators like the RSI and MACD suggest a possible trend reversal, but increased volume is needed to confirm a sustained breakout. The $0.00000750-$0.00000800 zone is crucial support if the price declines.
Shiba Inu Burn Rate Jumps 10,845%, Heres Possible Impact on SHIB Price
The Shiba Inu ecosystem saw a significant increase of 10,845% in its burn rate over the last 24 hours, with 9,551,523 SHIB tokens being sent to inactive wallets, effectively removing them from circulation. This burn mechanism is intended to reduce the circulating supply of SHIB and potentially increase its value by creating scarcity. Following the burn, the price of Shiba Inu increased by 3.66% to $0.00001186, climbing from a low of $0.00001135. However, trading volume decreased by 21.67% to $83.93 million, indicating investor caution. Technical indicators like the Relative Strength Index (RSI) also show bullish signals. The ecosystem is aiming for SHIB to break past resistance levels of $0.00001210 and $0.00001250, with a target of reaching $0.000013. Separately, two centralized exchanges have delisted SHIB tokens, but the Shiba Inu team downplayed concerns, accusing the exchanges of manipulation and urging users to rely less on centralized platforms.
Trump slams Elon over EV mandate, NASA request, and party betrayal
Donald Trump criticized Elon Musk on Truth Social, addressing Musk's new political party announcement, opposition to the federal electric vehicle mandate, and a past request to place a friend in charge of NASA. Trump stated that third parties are unsuccessful in the US and accused Musk of becoming a "train wreck". The criticism came after Musk announced the formation of a new political party and opposed a Republican-backed bill. Trump mentioned that he previously asked Musk about the electric vehicle mandate rollback, and Musk supposedly said he didn't mind. Trump also criticized Musk's recommendation for a NASA head due to the candidate's Democratic affiliation and ties to Musk's business interests. The feud between Trump and Musk has escalated, leading to threats, a drop in Musk's favorability among Republicans, and potential party divisions. A YouGov poll showed Musk's net favorability among Republicans dropped 20 points in June. A Quantus Insights poll showed almost 40% of Americans said they would support Elon's new party. In response to the conflict, a Russian politician offered Musk political asylum. Meanwhile, Democrats are considering courting Musk for potential benefits.
Washington Lit the Fuse Why Now Is A Good Time to Buy Bitcoin
A recent bill in Washington, despite failing to include crypto-friendly amendments, is seen as positive for Bitcoin. The bill increases the debt ceiling by $5 trillion, which is expected to lead to more government spending and potentially devalue the dollar. This scenario is considered favorable for Bitcoin because its supply is capped at 21 million, making it a hedge against inflation. Bitcoin's price is nearing its all-time high and analysts suggest it could reach $200,000 by 2025. The article also highlights upcoming discussions in Congress regarding crypto regulations, including clarity on regulatory frameworks, anti-CBDC measures, and stablecoin rules. These potential developments, coupled with the current fiscal policy, create a positive outlook for Bitcoin. The article suggests that now might be a good time to buy Bitcoin, considering the macro-economic climate. While volatility remains a risk, the potential for growth outweighs the downsides.
Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs
The Russian Energy Ministry is creating a national registry of crypto mining equipment to identify miners, combat illegal operations, and increase tax revenue. Miners will be required to register their equipment, including serial numbers and models. The registry aims to track electricity usage for crypto mining and ensure compliance with regulations. While the government believes this will help legalize the industry, some officials question its effectiveness in stopping illegal mining. There are also discussions about an amnesty for miners who purchased equipment through unofficial channels to evade sanctions, allowing them to legalize their operations. Recent crackdowns have revealed several illegal mining farms consuming large amounts of electricity.
A Silicon Valley Caesar storms Washington
Elon Musk has launched a new political party called the America Party, aiming to challenge the existing two-party system in the United States. This move follows Musk's departure from a government efficiency role under Trump and disagreements over fiscal policy. The party intends to focus on a small number of key Senate and House races to influence policy, particularly on fiscal matters. However, challenges exist, including ballot access laws and the fact that Musk, being South African-born, cannot run for president. Tesla's stock price experienced volatility following the announcement, and a planned Tesla ETF listing was put on hold. Meanwhile, a recent bill passed by Congress, while not directly addressing crypto, is expected to increase the national debt, potentially benefiting Bitcoin due to its limited supply and acting as an alternative to traditional currency. The long-term impact of the America Party remains uncertain, with possibilities ranging from a lasting political force to a short-lived endeavor.
XRP Price Eyes Major Move: Will It Rally Or Crash To $1.2?
XRP's price has seen a recent increase of 3.7%, trading around $2.26, amidst a generally positive trend in the crypto market. One analyst, Ali Martinez, points to a key resistance level of $2.38 that XRP needs to surpass to continue its upward trajectory. Surpassing this level could trigger a significant price increase. Conversely, another analyst, EGRAG CRYPTO, suggests a potential for a massive rally, projecting a price target near $120, which represents a 9,000% increase. However, this analyst also cautions about a possible pullback to $1.24 before further gains, which they see as a buying opportunity. The trading volume for XRP has increased significantly, while the Relative Strength Index (RSI) indicates a neutral market state for XRP.
Hedera Price Prediction: HBAR Faces $0.160 Resistance as Bulls Attempt Recovery
Hedera (HBAR) is currently trading around $0.154, facing resistance at $0.160. Recent attempts to push higher have been met with selling pressure, limiting upward movement. Trading volume has decreased, indicating less market participation. The price has been consolidating between $0.152 and $0.156 after a rally, reflecting uncertainty among traders. Open interest, which tracks the number of open positions, has declined, suggesting caution. The 20-day Simple Moving Average at $0.16069 is acting as a key resistance level, and breaking above it could lead to further gains. Failure to break this level may result in a price decrease towards $0.148. Momentum indicators are currently neutral, suggesting a range-bound trend.
Binance Coin Price Prediction: Double Bottom Reversal Targets $667 Next
Binance Coin (BNB) is showing signs of a potential price increase, with traders watching to see if it can break above $654. A technical pattern called a "double bottom" suggests a possible trend reversal, with an initial target of $667. Recent trading has been volatile, with the price fluctuating around $654. The price needs to strongly close above $657, supported by an increase in volume, to signal a strong bull market. Technical indicators, such as the Moving Average Convergence Divergence (MACD), are also hinting at a potential recovery. If BNB breaks through $667, the next target is $680; failure to sustain momentum could lead to a drop back to the $646 support level.
BRICS pushes AI data rules as it remains yet to make any progress on de-dollarization
The BRICS nations, including Brazil, Russia, India, China, and South Africa, met and discussed regulating how AI uses data, pushing for fair compensation to content creators. Despite a decade of discussions, they haven't made progress on creating a payment system to bypass the US dollar in international trade. While all BRICS nations agree on the need to move away from the dollar, technical and legal challenges, such as incompatible financial systems and sanctions, are causing delays. China is independently expanding the reach of its currency, the yuan. Former President Trump has threatened high tariffs on BRICS countries that try to avoid using the dollar. BRICS is also planning a New Investment Platform to reduce reliance on dollar-denominated financing, but disagreements exist on its structure and funding. They also announced a Multilateral Guarantees Initiative (BMG) within the New Development Bank (NDB) to improve credit access for member countries.
Worldcoin Price Prediction: WLD Eyes $1.60 Target After Bullish Triangle Formation
Worldcoin (WLD) is currently trading around $0.87, with analysts observing a potential bullish pattern forming on its price chart. This pattern, called an ascending triangle, suggests that if WLD breaks through the resistance level between $0.95 and $1.00, it could potentially rise to $1.60. However, a drop below $0.86 could signal a price decrease. Recent trading has been volatile, with the price fluctuating between $0.86 and $0.88. Trading volume has also decreased, indicating less market participation. The market capitalization of Worldcoin is currently $1.48 billion. Technical indicators suggest that the price is consolidating, with a potential breakout imminent, but a failure to break above $0.90 could lead to a further decline towards $0.82.
cott Bessent said countries without a trade deal by August 1 will face April 2 tariff rates
Treasury Secretary Scott Bessent announced that countries without a trade deal with President Trump by August 1st will face previous tariff rates that were announced on April 2nd. President Trump will send letters this week to approximately a dozen countries, notifying them that failure to reach an agreement will result in the implementation of these tariffs. The 90-day pause on tariffs, initially implemented to allow for renegotiations, will expire on Wednesday. Bessent indicated that tariff payments from countries without trade agreements will begin on August 1st. He also suggested that some trade deals may be finalized before the Wednesday deadline.
Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security
Ethereum co-founder Vitalik Buterin has proposed limiting the amount of gas a single transaction can use on the Ethereum network. The proposal, EIP 7983, suggests a cap of 16.77 million gas, significantly lower than the previously considered 30 million. Transactions exceeding this limit would be invalidated, meaning they'd be rejected from the network. This change aims to improve network stability, security against Denial of Service attacks, and make transaction costs more predictable. While it might require some users and dApps to split larger transactions into smaller ones, the majority of current transactions already fall below this limit. A key benefit would be better compatibility with zero-knowledge virtual machines (zkVMs).
Optimism Price Prediction: OP Faces Key Resistance at $0.573 as Bulls Eye $0.689
Optimism (OP) is currently trading around $0.530, with its price fluctuating between $0.520 and $0.535 in the last 24 hours. Analysts are watching the $0.573 price level as a key resistance point. A successful break above this level could push the price towards $0.626 and potentially $0.689. However, failure to break through and a drop below $0.460 could lead to a decline towards $0.420. The coin's market capitalization is around $939 million, with trading volume at $120.6 million. Market indicators suggest that the price is consolidating, with traders waiting for a clear directional move. Key support is identified in the $0.506-$0.460 range.
Bulls vs. Bears: Institutions Pile Up BTC But Price Doesnt go up, Why?
Despite institutions buying Bitcoin, the price hasn't significantly increased. CryptoQuant reports that while U.S.-based ETFs and corporate entities like MicroStrategy (MSTR) have been accumulating Bitcoin, their purchases have decreased compared to late 2024. ETF Bitcoin acquisitions have dropped from 86,000 BTC to 40,000 BTC, and MicroStrategy's from 171,000 BTC to 16,000 BTC. Overall Bitcoin demand has decreased by 895,000 BTC in the last month, offsetting institutional buying. This indicates that the demand from institutions isn't enough to trigger a substantial price rally, and the broader market demand is contracting.
XRP Eyes Breakout As Analysts Predict Rally Alongside Real-World Adoption
Crypto analysts are predicting a potential price increase for XRP, citing its current market position and a major project involving the tokenization of $200 million in real-world assets on the XRP Ledger by Mercado Bitcoin, a large Latin American digital asset platform. CrediBULL notes XRP's consolidation above its previous high, suggesting a possible breakout. Ripple Pundit anticipates a significant price surge if Ripple secures a banking license and resolves regulatory issues. Analyst Ali Martinez identifies $2.38 as a key resistance level; surpassing this could trigger a major rally. SMQKE highlights past surges as a prelude to future global adoption. Currently, XRP is trading at $2.25, showing a 2% increase in the last 24 hours.
Heres Why Bitcoin Price May Hit $162K This Cycle
Bitcoin's price has recently climbed back to $108,000, prompting analysts to predict it could reach between $123,000 and $162,000 in this cycle. Some analysts believe Bitcoin is entering a new phase driven by institutional investors, referencing a potential rise to $162,000 similar to the 2020-2021 rally. Technical analysis points to a recent breakout from a falling wedge pattern, potentially pushing the price towards $120,000 if it can hold above $105,500. Another pattern suggests a possible target of $123,000 if Bitcoin breaks a certain resistance level. Additionally, the amount of leverage used in Bitcoin trading is at a yearly high, suggesting traders are taking on more risk. A dormant Bitcoin whale also moved 80,000 BTC purchased in 2011, now valued at $8.6 billion, to new addresses.
Xi Jinping and Vladimir Putin skipped the BRICS summit in Brazil without explanation
Xi Jinping and Vladimir Putin did not attend the BRICS summit in Rio de Janeiro, raising questions about the strength of the alliance. Putin's absence occurs as Russia's economy shows signs of weakness, with industrial production falling, high inflation, and shrinking consumer spending. Russia's economy minister stated the country is on the verge of a recession. Q1 2025 GDP growth slowed to 1.4% compared to 4.5% in Q4 2024, manufacturing contracted sharply, and new car sales dropped 30% year-over-year in June. Rostselmash, a large tractor maker, is cutting production, and Rosseti Sibir, an electricity company, is near bankruptcy. Russian banks are facing potential crises due to war-related loans. Military and security spending is expected to consume 40% of the government's budget. Oil revenues are at their lowest since January 2023, putting further financial strain on Moscow.
Hyperliquid (HYPE) Price Prediction: MACD Cools as $41 Resistance Emerges as Major Hurdle
Hyperliquid (HYPE) is currently trading near $40, about 12% below its all-time high, with increasing on-chain activity, revenue exceeding $1 million daily, and a total transaction volume of over $1.1 trillion. The amount of funds locked in Hyperliquid has increased significantly in the last three months. The price is forming a symmetrical triangle pattern, suggesting a potential breakout if it can surpass the $40-$41 resistance level. Liquidation data shows a concentration of short positions around $41.70 and $41.85, which could trigger a price surge if these positions are forced to close. However, a recent MACD crossover indicates a possible short-term cooling in momentum, suggesting the breakout may not be immediate.
Global Macro Signals Favor Price of Bitcoin In Second Half of 2025
Bitcoin's price reached a high of $111,486 on May 21, 2025, driven by positive economic factors. These factors include a weaker U.S. dollar and increased global money supply. The U.S. economy is growing faster than expected, and inflation has fallen to the Federal Reserve's target of 2%. The Federal Reserve and the European Central Bank are considering lowering interest rates, which can boost the price of assets like Bitcoin. The U.S. dollar is performing poorly, and historically Bitcoin tends to increase in value when the dollar weakens. More institutions are investing in Bitcoin because of clearer regulations, including potential crypto ETFs and new accounting rules allowing companies to value Bitcoin at fair market value. Historically, July has been a good month for Bitcoin during bull markets, and many long-term investors are holding onto their Bitcoin, which can help stabilize the price.
Company Owned by Billionaire Gold Miner May Be Seized by Russian Government for Allegedly Breaching Regulations: Report
The Russian government is attempting to seize Yuzhuralzoloto, a gold mining company owned by billionaire Konstantin Strukov, alleging he violated regulations prohibiting public officials from engaging in business activities. Strukov, a deputy in the Chelyabinsk Region, is accused of acquiring the company through bankruptcy proceedings and failing to sell his stakes upon taking office. Prosecutors claim Strukov extracts profits from the mine, which produces over 450,000 ounces of gold annually (worth approximately $1.5 billion), and transfers them abroad to purchase assets for himself and his family. The government is seeking to transfer 100% of Strukov's and his daughters' ownership of the company to the state.
Dogwifhat Price Prediction: $0.80 Support Holds as Cloud Flip Signals Rally Toward $1.20
Dogwifhat (WIF) is showing signs of a potential price increase, currently supported around $0.80. Technical analysis suggests that if the price consistently stays above $0.90, it could indicate a positive trend reversal. The coin is trading between $0.82 and $1.00. A key level to watch is around $0.98-$1.00; breaking above this could lead to further gains. Recent trading patterns show buyers are active, and the current market capitalization of WIF is $848 million. If WIF breaks above $0.90, it could aim for $1.00 and possibly $1.20. Momentum indicators are hinting at a weakening bearish trend, potentially favoring buyers.
Bitcoins silent opponent: why industry veteran Jameson Lopp sees apathy as the greatest threat
Jameson Lopp, a Bitcoin security expert, believes apathy is the biggest threat to Bitcoin's future. He highlights the increasing number of physical attacks, known as wrench attacks, on Bitcoin users, with over 200 documented cases, including over 30 in the first half of 2025, driven by the rising value and awareness of Bitcoin. To protect oneself, Lopp suggests avoiding KYC (Know Your Customer) services whenever possible and using non-KYC alternatives, as KYC services often require providing personal information that can be compromised. He expresses concern over the concentration of Bitcoin in corporate treasuries like MicroStrategy, potentially leading to centralization. Lopp also addresses the threat of quantum computing, which could break Bitcoin's cryptography, emphasizing the need for proactive measures and consensus changes to the Bitcoin protocol to mitigate this risk. He urges people to stay engaged and discuss Bitcoin's problems to ensure its long-term security and improvement.
Minna Bank Partners With Solana, Fireblocks to Pilot Stablecoin Payments in Japan
Minna Bank, a digital-only bank in Japan with over a million customers, is partnering with Solana, Fireblocks, and TIS to pilot the use of yen-pegged stablecoins for everyday retail payments. The goal is to demonstrate that blockchain technology can process transactions faster than traditional systems. The pilot program will include testing QR code payments, trading of tokenized real-world assets, and embedding Web3 wallets into Minna Bank's mobile app. Fireblocks will provide the technology to securely manage the stablecoins, while Solana will provide the blockchain platform. TIS will integrate the new technology into the bank's existing apps. Japanese regulators are closely watching these tests as they develop rules for stablecoins, with potential for broader adoption if the trials are successful.
Vitalik Buterin proposes lower ETH transaction gas limit through a new EIP
Vitalik Buterin and Toni Wahrsttter have proposed EIP 7983, which will limit Ethereum transaction gas to 16.77 million (2^24). This proposal, finalized recently, will affect the Ethereum network at the protocol level, enhancing security and stability while making transaction costs more predictable. The gas cap will prevent denial-of-service attacks by breaking transactions into smaller parts, improving compatibility with zkVMs (zero-knowledge virtual machines), leading to faster proofs and increased verification participation. This fixed gas limit will balance parallel execution in future scaling models. Transactions exceeding the 16.77 million gas limit will be rejected, regardless of the block gas limit set by validators. Transactions exceeding this limit will not be included in the txpool, the waiting room for ETH transactions. The chosen gas limit of 16.77 million balances complex transactions and predictable execution. Previously, EIP-7825 proposed a 30 million gas limit, but developers favored a lower limit. Currently, a transaction using the full 16.77 million gas would cost around $11.38.
CZ Questions Legitimacy Of TONs $135K UAE Golden Visa Offer
Changpeng Zhao (CZ), the former CEO of Binance, has publicly questioned the legitimacy of an offer from The Open Network (TON) blockchain that promises a United Arab Emirates (UAE) Golden Visa for investors who lock up $135,000 worth of Toncoin (TON). CZ's skepticism centers around the potential complexity and regulatory hurdles associated with such a program. The implication is that CZ is unsure if TON can actually deliver on this offer.
Top 5 Collectibles & NFTs Tokens To Watch Below 1M Market Cap In July 2025
This article highlights five cryptocurrency tokens related to collectibles and NFTs with market capitalizations under $1 million, identifying them as potentially high-reward but also high-risk investments. StarHeroes (STAR) is a multiplayer space shooter game token with a market cap of $796,611. My DeFi Pet (DPET) combines DeFi with virtual pet gaming and has a market cap of $817,315. SENATE is a governance token for the Sidus Heroes NFT gaming ecosystem, boasting a market cap of $868,824. DSLA Protocol (DSLA), a decentralized risk management platform, features a market cap of $947,708. VIDT DAO (VIDT), formerly VIDT Datalink, offers data authentication on the blockchain, with a market cap of $484,000. The article emphasizes that this is not investment advice and encourages thorough research before investing in cryptocurrencies.
Bank Insider Admits to Nearly Decade-Long Scheme of Falsifying Loan Applications To Steal Funds: DOJ
Francis Eversman, a former senior loan officer at Tempo Bank, and Gregg Crawford, a construction company owner, pleaded guilty to conspiracy to commit bank fraud. The scheme, which took place from 2011 to 2020, involved falsifying loan applications to obtain funds for properties that were often overvalued. Crawford recruited individuals to act as straw purchasers, while Eversman facilitated the approval of the fraudulent loans. Crawford then used the loan proceeds for unauthorized purposes and provided fake lease agreements to show rental income. Both face up to 30 years in prison, five years of supervised release, and fines up to $1 million. Sentencing is scheduled for October 14th.
DeFi Onchain Fees Hit ATH, PancakeSwap & Pump.Fun In Spotlight
The DeFi sector has experienced a significant increase in on-chain fees, reaching an all-time high of $577 million for the past month. This represents roughly a 58% increase in revenue. PancakeSwap played a key role in this surge, generating $275 million in fees from its automated market-making services by charging 0.25% on each trade. PancakeSwap is expanding, including launching V3 Liquidity on the Solana blockchain, aiming to offer traders capital-efficient liquidity and low-fee swaps. Another notable contributor is Pump.Fun, a Solana-based memecoin platform, which earned $63.61 million in fees from trading and token launching fees. While the DeFi sector is seeing growth in fees, PancakeSwap's token, CAKE, is currently experiencing price volatility, with a 0.43% decline in price and a decrease in trading volume.
Ethereum Price to Hit $6K This Year? Analysts Make Bold Call
Analysts are predicting vastly different price movements for Ethereum (ETH). One analyst, Weslad, believes Ethereum could surge to $6,000 or plummet to $1,800, based on technical analysis of wave patterns and potential breakout points. He points to a possible Inverse Head and Shoulders pattern on the daily chart, with $2,855 acting as a key resistance level. A breakout above this level could lead to the $6,000 target. Another strategist, Jeremy Fielder, forecasts $6,500 by the end of the year and $10,000 in early next year, citing Web3 adoption and regulatory changes. Titan of Crypto projects a more modest $4,100 target. However, Weslad also warns of a potential drop to the $1,400 to $1,800 range if Ethereum is rejected at $2,855, representing a significant downside risk.
Ethereum Reserves On Binance Hits 2023 Level What Happened Last Time?
Ethereum (ETH) reserves on the Binance exchange have reached levels not seen since May 2023. This increase suggests that investors are moving their ETH to the exchange, potentially to sell it. This influx of ETH onto Binance could create downward pressure on Ethereum's price. The last time reserves were this high, ETH experienced a price drop from $1,900 to around $1,600, before sharply rising again. Currently, Ethereum's price is around $2,516, up slightly in the last 24 hours, and has not significantly dropped despite the rising Binance reserves, suggesting some price resilience. Investors should monitor these exchange movements, as they may signal the next price shift for Ethereum.
Beyond Bitcoin: How a Weakening Dollar Could Redraw the Crypto Landscape
The U.S. dollar's declining value in 2025 is potentially reshaping the cryptocurrency market, impacting Bitcoin, altcoins, stablecoins, and decentralized finance (DeFi). Bitcoin's rise to threaten all-time highs is partly attributed to dollar weakness, encouraging investors to explore alternative assets. Altcoins, considered undervalued, are expected to rally significantly as institutional investment diversifies beyond Bitcoin. The introduction of altcoin ETFs, with potential approval for Solana, XRP, and Litecoin ETFs by October 2025 and others later in the year, could draw $14 billion in investments within the first year. The stablecoin market, dominated by dollar-pegged coins like USDC and USDT, faces challenges due to dollar depreciation, potentially leading to demand for stablecoins tied to other currencies or diversified assets. USDC's market capitalization increased from $28.5 billion in February 2024 to $61.5 billion by June 2025, influenced by clearer regulations like the EU's MiCA. DeFi is poised for rapid growth, offering alternatives to traditional finance. The global DeFi market was estimated at $32.36 billion in 2025. Traditional financial institutions are expanding their crypto services, and regulatory clarity is improving investor confidence. Overall, the crypto ecosystem is becoming more independent from traditional finance, driven by institutional adoption, regulation, and technology, marking a fundamental shift in monetary concepts and financial frameworks.
3 Token Unlocks for the Second Week of July
During the second week of July, three cryptocurrency projects, Cheelee, Immutable X, and Aptos, will release new tokens into the market. Aptos will release 11.31 million APT tokens on July 12, worth approximately $50 million, with most going to the community and for staking. Immutable X will unlock 124.52 million IMX tokens on July 11, valued at over $10 million, allocating most to ecosystem development. Cheelee will unlock 2.67 million CHEEL tokens on July 10, worth about $13.4 million, primarily for user rewards within the platform. Token unlocks increase the circulating supply and can impact token price.
Ethereum Ready For Explosive Breakout: $5,791 The Minimum TargetAnalyst
According to crypto analyst MasterAnanda, Ethereum's price is poised for a significant increase, potentially reaching at least $5,791. The analysis is based on a wedge pattern observed on Ethereum's weekly chart, showing rising lows and relatively flat highs over the past few years. The current consolidation above the $2,425 support level suggests an accumulation phase before a major breakout. Another analyst, Ted Pillows, supports this view, identifying a Wyckoff accumulation pattern on Ethereum's chart, projecting a staged breakout with initial targets of $3,000 and $4,000 before a larger move above $5,700. Both analyses suggest Ethereum could experience a substantial bullish wave, potentially mirroring Bitcoin's recent surge. Ethereum is currently trading at $2,516.
Ethereum (ETH) Price Prediction: Ethereum ETF Demand Could Be the Key to Reaching $8,500 Target by Late 2025
Ethereum's price is currently around $2,559 as of July 7, 2025, and is in a period of consolidation, trading within a symmetrical triangle pattern. It faces resistance near $2,560 and support around $2,478. A break above $2,560 could lead to targets of $2,639 and $2,723, while a drop below $2,478 could see it fall to $2,388 or even $2,320. Ethereum ETFs have seen significant inflows, reaching $1.17 billion in June alone, contributing to over $1.5 billion this year. Analysts predict potential inflows of up to $10 billion by the end of 2025. This increased institutional interest, along with developments in Layer 2 scaling solutions and staking incentives, supports a bullish outlook. Technical analysis suggests a possible move towards $5,791 and potentially $8,500 by late 2025. Ethereum hasn't reached a new high since March 2024, but the overall structure indicates an upcoming breakout.
Top 5 Sports Tokens To Watch Below $1M Market Cap In July 2025
The article highlights five sports fan tokens with market capitalizations below $1 million. These tokens, built on blockchains like Chiliz Chain, allow fans to influence club decisions and gain access to exclusive perks. The Fenerbahe Token (FB) is an ERC20 token enabling fan voting and staking, with a market cap of $938,206. The Everton Fan Token (EFC) on Chiliz Chain provides club-based voting and VIP experiences, boasting a market cap of $844,050. The Samsunspor Fan Token (SAM) grants access to voting, merchandise, and VIP events for fans of the Turkish club, valued at $694,789. The Alfa Romeo Racing ORLEN Fan Token (SAUBER) allows F1 supporters to vote on team decisions and access racing events, having a market cap of $443,370. Finally, the S.C. Corinthians Fan Token (SCCP) enables Corinthians fans to vote on club matters and access exclusive experiences, with a market cap of $159,221. All tokens are traded on various exchanges.
Treasury Secretary Scott Bessent called Elon Musk a "loser" and said he should quit politics
Treasury Secretary Scott Bessent criticized Elon Musk after Musk announced the creation of the America Party. Bessent stated that Musk is unpopular and should focus on his companies instead of politics. The conflict stems from Musk's opposition to the One Big Beautiful Bill Act, which Musk says will significantly increase the national debt by $3.9 trillion over the next decade and undermine his previous government efficiency efforts (DOGE). Musk's discontent also arose after not getting his preferred candidate appointed as Treasury Secretary. Tensions escalated to the point of a physical altercation between Musk and Bessent, according to reports. President Trump has also considered cutting subsidies to Musk's companies and potentially deporting him. Musk claims the America Party aims to disrupt the two-party system by targeting specific House and Senate races but has not named any candidates yet. The party was created after Musk ran a poll on X.
Top 4 Insurance Tokens To Watch Below $1M Market Cap In July 2025
This article highlights four cryptocurrency tokens in the insurance sector with market caps below $1 million, as of July 2025. These tokens aim to provide risk management and protection against losses in the DeFi space, covering events like smart contract hacks and protocol failures. PowerTrade Fuel (PTF) acts as a safety buffer for the PowerTrade platform, with a price of $0.008772, a 24-hour trading volume of $50,559, and a market cap of $204,427. Lunos (UNO) is transitioning into a data-driven coverage platform with a price of $0.002383, a 24-hour trading volume of $117,214, and a market cap of $265,912. CheckDot (CDT) provides cross-chain smart contract and infrastructure coverage, priced at $0.0782 with a 24-hour trading volume of $11,606 and a market cap of $608,795. DSLA Protocol (DSLA) enables service level agreement (SLA) insurance for Web3 services, with a price of $0.000172, a 24-hour trading volume of $55,143 and a market cap of $947,296. These tokens are traded on various exchanges, and the article emphasizes that this is not investment advice and encourages readers to conduct their own research.
Cardanos Perfect Storm: Oversold RSI, 90% ETF Approval Odds, and $2 ADA Price Target Align
Cardano (ADA) is potentially set for a significant price increase, with one analyst predicting a rise to $2. Market sentiment is optimistic as the price holds around $0.55-$0.56. Open interest in Cardano futures has reached $723 million, indicating growing confidence from traders and institutional investors. The Relative Strength Index (RSI) suggests Cardano is currently oversold, which could signal an upcoming uptrend. Furthermore, analysts estimate a 90% chance of a Cardano ETF being approved, which is considered a potentially major positive development for the cryptocurrency.
TON offers UAE golden visa for stakers, making residency by crypto a reality
Telegram's Open Network (TON) is offering a path to residency in the United Arab Emirates (UAE) through cryptocurrency staking. Investors who stake $100,000 worth of Toncoin (TON) for three years via a transparent smart contract are eligible for a 10-year UAE Golden Visa. In addition to the staking requirement, a one-time government processing fee of $35,000 is required. This visa allows the applicant and their immediate family to live, work, and invest in the UAE and the process can be completed in under seven weeks. The staked TON is estimated to generate a 34% annual yield, and all funds are unlocked after the three-year term. The UAE has become a hub for digital assets due to its regulatory clarity and incentives, attracting major crypto firms and investors.
SHIB Armys Supply Destruction Campaign Paying Off as Shiba Inu Eyes $0.0001 Eruption
Shiba Inu (SHIB) is potentially heading for a price increase, with analysts predicting an 18% to 24% rally if it breaks through the $0.0000119 resistance level. This potential rise is attributed to a significant increase in the SHIB burn rate, which has surged over 12,000%, effectively reducing the token's supply. Over 410 trillion SHIB tokens, representing 41% of the total supply, have been removed from circulation. The reduced supply, coupled with stable or growing demand, is anticipated to drive the price upwards, with potential targets of $0.0000148 or even $0.0000177 in a stronger rally.
Solana Price Eyes $230 After Reclaiming Support: Can Bulls Break Resistance?
Solana (SOL) is showing bullish signs, with analysts predicting a potential rise to $230 if it breaks through the $185 resistance level. The price has found stability above key support zones after retesting previous resistance, indicating a possible upward trend. Analysts highlight bullish patterns on both weekly and intraday charts, including a higher-low setup on the 4-hour chart, suggesting strong momentum. Key support levels to watch are around $149 and $140, with breakthroughs above $168.49 and $180 potentially leading to further gains. A falling wedge pattern also suggests a possible breakout and upward movement. Solana's price is currently around $148.65.
Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An All-Time High?
Bitcoin's price is currently around $108,103, showing little movement over the past day. However, recent data indicates that more Bitcoin is being withdrawn from exchanges than being deposited. An on-chain analyst notes that the Bitcoin Exchange Inflow/Outflow Ratio, which measures the flow of Bitcoin in and out of exchanges, has fallen below 1, reaching its lowest level since the 2023 bear market. This suggests that investors are increasingly holding onto their Bitcoin rather than selling, reflecting confidence in its long-term value. The analyst attributes this confidence to the growing adoption of Bitcoin by corporations and governments, viewing it as an evolving store of value.
XRP News Today: XRP On the Move$320M Transferred as Ripple Token Unlock Nears
SBI Holdings moved 320 million XRP, worth approximately $703.5 million, to an unknown wallet, leading to speculation about strategic positioning before Ripple's monthly unlock of 1 billion XRP tokens. These unlocks increase the circulating supply of XRP. Despite the large transfer, the price of XRP rose to $2.25, a 1.72% increase, breaking out of a previous range. Analysts are watching for a potential retest of the $2.45 resistance zone. The market is also anticipating developments in the Ripple vs SEC case and the potential for an XRP ETF, following the SEC's approval of a rule change to convert the Grayscale Digital Large Cap Fund (GDLC), which includes XRP, into a spot ETF, though this is temporarily on hold. Bitcoin spot ETFs have seen significant inflows, and a similar launch for XRP could inject substantial liquidity into the market.
TRON (TRX) Price Prediction: TRX Eyes Strong Breakout Towards $0.44 as Market Conditions Favor Stability
TRON (TRX) has demonstrated strong performance in a challenging cryptocurrency market, outperforming many other altcoins in 2024. TRX has shown resilience against market declines due to strong supply-side controls, which reduce volatility. Technical analysis indicates a potential breakout for TRX, with a steady increase since its 2024 lows, forming higher highs and higher lows. The cryptocurrency has reclaimed the $0.28 level and is targeting $0.35, with a potential move toward $0.44. A cup-and-handle pattern suggests a possible rise to $0.38 if TRX surpasses the $0.29 to $0.30 range. On-chain metrics also support this bullish outlook, with SunSwap consistently exceeding $3 billion in monthly swaps and JustLend deposits tripling to around $740 million, reflecting growing user engagement and confidence in the TRON ecosystem. If TRX holds its current price structure and momentum continues, it is expected to test resistance levels at $0.35 and $0.44.
China bans government procurement of EU medical devices worth over 45M yuan in retaliation for EU trade restrictions
China has banned government purchases of EU medical devices valued over 45 million yuan (approximately $6.3 million) in retaliation for the European Union limiting Chinese participation in EU public tenders for medical devices. This ban, effective immediately, also blocks imports of medical devices from other countries containing more than 50% EU-made components by contract value, but does not affect products made by European firms operating within China. This action comes after the EU imposed restrictions under its International Procurement Instrument, citing unequal access to China's medical market, which is worth $70 billion annually to the EU. The EU has not yet officially responded. These trade tensions have been escalating, with the EU recently imposing tariffs on Chinese electric vehicles and China launching an investigation into EU brandy imports. A planned EU-China leaders summit is scheduled for later this July.
Bitcoin Crash? Thats Exactly What Poor Dad Kiyosaki Is Hoping For
Bitcoin experienced a slight decrease after reaching a peak of $110,600, dropping about 1.4% over two days. Robert Kiyosaki, author of Rich Dad Poor Dad, criticized those predicting a major Bitcoin crash, calling it clickbait meant to scare away long-term investors. Kiyosaki stated he hopes for a Bitcoin crash so he can buy more at a lower price, having already purchased more Bitcoin this week above $100,000 per coin. He anticipates Bitcoin reaching $200,000 by the end of the year and potentially $1 million within five years. While some analysts suggest a 10% pullback is normal, Kiyosaki, like others such as Michael Saylor, maintains a long-term bullish view due to Bitcoin's limited supply. The article highlights the strategy of buying during dips, which requires available funds and risk tolerance, as well as the debate between fear-driven selling and holding for long-term gains.
Drake Drops New Single Comparing Fake Friends to Bitcoins Brutal Price Swings
Rapper Drake, known for his interest in Bitcoin, released a new single where he compares the volatility of Bitcoin to the unpredictability of fake friends and betrayal. This comes at a time when the future of Bitcoin is uncertain. The song references his personal feuds and mirrors them to Bitcoin's price fluctuations. Drake's past gambling losses, including Bitcoin bets on NBA and UFC events, have earned him the moniker "Drake Curse". One Bitcoin hardware provider, Blockwave, predicted Bitcoin adoption could reach 10% by 2030, potentially leading to a price increase to $200,000. Drake's reference to Bitcoin shows crypto is becoming more mainstream.
Analyst Unveils Crypto Catalysts for Jubilant July, Says Altcoins Will Likely Cook for Next Few Weeks
A crypto analyst named Pentoshi predicts a positive month for the crypto market due to several factors. These include the start of a new quarter, progress in stablecoin legislation, increased connection between traditional finance and crypto, and potential easing of monetary policies by the US to stimulate the economy. Pentoshi notes that Bitcoin and US stocks are performing strongly. While he anticipates altcoins might underperform in the short term, he expects a significant rise in the total market capitalization of crypto excluding the top 10 digital assets and stablecoins, suggesting future potential for altcoins. He suggests watching last week's lows as a key level for altcoins.
Heres What XRP Could Be Worth If It Handles 25% of Global Remittances by 2029
The article discusses the potential future value of XRP based on its role in global remittances. The global remittance market is projected to reach $1.067 trillion by 2029. If XRP were to handle 25% of this market, its network value could reach $533.5 billion. Given the current circulating supply of 60 billion XRP, this would translate to a price of $8.89 per token. Furthermore, if market demand and investor confidence add a premium, the price of XRP could potentially rise to $35.56. The analysis is based on a comparison to traditional remittance companies like Visa, PayPal, and Western Union, which typically have valuations of one to three times their annual payment volume. The improved legal clarity regarding XRP in the U.S. and Ripple's growing partnerships in key remittance markets also contribute to the positive outlook.
Bitcoin, Ethereum, XRP and Altcoins Could Break Out as as U.S. Prepares for Historic Crypto Week
The U.S. Congress is preparing for a week of cryptocurrency discussions from July 14-18, during which they may vote on key crypto-related bills. These bills include the Clarity Act, which aims to establish clear regulatory guidelines for crypto assets, the Stablecoin Bill (Genius Act), focused on regulating dollar-backed stablecoins and the Anti-CBDC Surveillance State Act, designed to prevent government-controlled digital currencies. The approval of a $5 trillion debt ceiling increase could also inject more money into the financial system, potentially benefiting cryptocurrencies. Analysts anticipate Ethereum could experience significant growth, driven by factors like potential Ethereum ETFs and the increasing tokenization of assets on its network.
Top 5 Sui Ecosystem Tokens To Watch Below $1M Market Cap In July 2025
The article discusses five tokens within the Sui blockchain ecosystem that have market capitalizations below $1 million, highlighting their potential for growth in July 2025. These tokens represent early-stage projects in areas like fractionalized art investment (ArtFi), launchpads (SuiPad), decentralized science (DESCI), and AI-powered platforms (aiSUI and SuiAI). ArtFi's ARTFI token has a market cap of $539,830 and focuses on NFT tokenization of art and AI-driven provenance. SuiPad's SUIP token, with a market cap of $449,000, serves as an IDO launchpad. DESCI Agents' DESCI token, at $788,000 market cap, integrates decentralized science and AI for wellness research. aiSUI's SUIAGENT token, with a market cap of $294,000, powers an AI dApp platform for building and monetizing intelligent agents. SuiAI's SUAI token, with a $933,410 market cap, functions as a launchpad for autonomous AI agents. All five tokens are considered high-risk, early-stage investments due to low liquidity, early adoption and nascent development. The article recommends further investigation of each token's utility, team, roadmap, and liquidity before investing.
Altcoin Dominance Signals a Potential Crypto Surge as Market Liquidity Shifts
Altcoins are showing signs of a potential rally, mirroring patterns from previous crypto bull markets, with analysts noting a bullish divergence in altcoin dominance. The overall crypto market cap is fluctuating within a range, supported at $3 trillion and facing resistance near $3.44 trillion. A breakout above this resistance could signal a new bullish phase, potentially benefiting altcoins. However, a shift in Federal Reserve liquidity, due to the U.S. Treasury refilling its General Account, may strengthen the dollar and temporarily limit crypto's upside. Despite this, analysts remain optimistic, highlighting repeating patterns and technical setups that suggest a possible surge if the market can overcome these liquidity headwinds.
How Two UK Scammers Used Fake Crypto Sites to Steal $2 Million
Two men in the UK, Raymondip Bedi and Patrick Mavanga, were sentenced to a combined 12 years in prison for running a cryptocurrency fraud that stole $2 million from 65 victims. Between 2017 and 2019, the pair cold-called people, posing as financial advisors and directing them to fake crypto investment websites operated under the names CCX Capital and Astaria Group LLP. They used high-pressure sales tactics and false promises of high returns to lure retail investors, many of whom lost their life savings or went into debt. The court highlighted the men's intention to undermine financial regulations and continued illicit activities even after the initial scam. The victims are encouraged to seek support and assistance in identifying scams in the future. The FCA prosecuted the case, revealing a backlog of crypto-related fraud cases they are addressing, highlighting the need for resources to enforce crypto regulations effectively.
Trumps $150 billion immigration crackdown is shrinking the foreign-born workforce
President Trump's increased immigration enforcement, costing $150 billion, is causing a decline in the number of foreign-born workers in the U.S., even as the country added 147,000 jobs in June. This decline is raising concerns among economists, including Federal Reserve Chair Jerome Powell, who warn that slower labor force growth could lead to slower economic growth. A Deutsche Bank report suggests that the job growth needed to maintain current economic levels could fall significantly, potentially leading to slower GDP growth. While the White House believes that unemployed native-born workers will fill the gap, others argue that the current U.S. workforce cannot fully replace immigrant labor. A Congressional Budget Office report suggests that slowing immigration could weaken long-term economic output. The American Enterprise Institute warns that flat net migration in 2025 could reduce GDP by 0.3 to 0.4 percentage points. Even Trump has reportedly expressed concern about labor shortages in industries that rely heavily on foreign-born workers.
TON Surges on UAE Golden Visa News; Crypto Community Reacts With Excitement and Doubt
The TON Foundation announced a program offering a 10-year UAE Golden Visa to toncoin holders who stake $100,000 worth of the cryptocurrency for three years and pay a $35,000 processing fee. The program offers an estimated 34% APY on staked tokens and includes family members in the visa application. The initiative is presented as a faster and more affordable alternative to traditional UAE Golden Visa routes. Following the announcement, toncoins price increased by 12%, trading around $2.8944, with a 24-hour trading volume increase of 251.54% compared to the 30-day average. However, some crypto community members have expressed skepticism, noting that the program is facilitated by a third-party legal firm and may not be an official UAE government partnership, with visa approval not guaranteed solely through staking toncoin. Technical analysis shows that TON reached a peak of $3.06 on July 6 and has found support around $2.86-$2.89 with resistance at $3.03.
Is XRP Price Heading for a Crash?
XRP's price is currently uncertain, trading sideways after failing to overcome resistance around $2.30. A successful break above this level could lead to a rally, while failure to do so may prolong the sideways movement. Analyst Dark Defender highlights the importance of the weekly candle close; a close above $2.28-$2.33 would be positive, while failure suggests continued sideways trading. Key support levels to watch are $2.19, $2.07, and $1.99. Maintaining a price above $1.99, the June 27 low, is crucial for preserving the current market structure. Falling below $1.99 would weaken the short-term bullish outlook.
This technological phenomenon is the worst case scenario for Bitcoin
The article discusses a potential threat to Bitcoin's existence, arguing that while quantum computing poses a risk, a nuclear electromagnetic pulse (NEMP) attack is a more immediate and devastating concern. Quantum computing could theoretically break Bitcoin's cryptography, particularly affecting older Bitcoin addresses holding around 4.5 million coins (worth approximately $490 billion). However, this requires significant processing power and timely execution before new blocks are mined. A NEMP, generated by a high-altitude nuclear explosion, would destroy electrical and electronic equipment across vast areas, wiping out Bitcoin mining farms, servers, internet infrastructure, and other critical technology, effectively ending Bitcoin as we know it. This threat is exacerbated by rising global tensions and the potential for nuclear conflict.
Heres How Much $1,000 and $10,000 in Shiba Inu Could be Worth in 20 Years
The article discusses the potential future value of Shiba Inu (SHIB) cryptocurrency by the year 2045. It highlights Shiba Inu's past growth of over 14 million percent since September 2020. A prediction from ChatGPT suggests SHIB could reach $0.047 per token between 2035 and 2045, requiring a significant price increase and potentially a 95% reduction in its token supply through burning. Based on this prediction, a $1,000 investment in SHIB today could potentially be worth over $4 million by 2045, while a $10,000 investment could grow to over $40 million. The article advises investors to exercise caution due to the volatility and unpredictability of the crypto market over such a long period.
Market watch: Bonk and Pengu Sustains Momentum Despite Latest Market Downturn, What Happened?
Despite a general downturn in the cryptocurrency market, two meme coins, Bonk and Pengu, are showing continued strength and positive price movement. While other meme coins like Fartcoin, Useless Coin, and AI Agents are experiencing losses, and even larger coins like Turbo, Pepe, and Shiba Inu are showing only moderate gains that could be erased if Bitcoin's price falls further, Bonk and Pengu are defying the overall negative trend. The direction of the entire cryptocurrency market, including meme coins, largely depends on Bitcoin's performance. If Bitcoin stabilizes or increases in value, meme coins could recover, but a significant drop in Bitcoin's price could lead to a broader decline in the meme coin market, potentially affecting Bonk and Pengu as well.
Bitcoin, Dogecoin, XRP Rise as Bessent Hints at Trade Deals Before Liberation Day Tariff Deadline
Cryptocurrencies, including Bitcoin, Dogecoin, and XRP, saw price increases on Sunday. Bitcoin rose over 1%, briefly exceeding $109,000, while Dogecoin increased by 3%. The gains occurred as U.S. Treasury Secretary Scott Bessent indicated that trade deals are nearing completion before the July 9 Liberation Day tariff deadline. Bessent stated that if trade partners don't make progress, higher tariffs, initially announced on April 2, will be reinstated on August 1. President Trump's earlier tariff announcements on April 2, which included taxes as high as 50%, had previously caused market declines, including a drop in Bitcoin to $75,000. A 90-day pause was then announced. Recent market performance has seen U.S. equity indices and Bitcoin rallying.
Bitcoin bulls price in new all-time highs in H2 2025, with big money breakout on the horizon
Bitcoin is expected to reach new all-time highs in the second half of 2025, driven by large firms increasing their Bitcoin holdings and potential progress on crypto legislation in Washington. Bitcoin's price increased by about 30% in the second quarter of 2024 and is currently trading around $108,000, close to its May record. Analysts believe the increasing adoption of Bitcoin ETFs and the emergence of 'Bitcoin treasury companies' (publicly traded companies holding Bitcoin) will fuel further growth. Some of these companies are raising capital to buy more Bitcoin, but are awaiting SEC approval. The potential passage of the GENIUS Act, a stablecoin bill, could also increase retail demand. Standard Chartered predicts Bitcoin could reach $135,000 by the end of Q3 and $200,000 by the end of the year. Concerns exist about a potential price correction around late September due to Bitcoin's historical four-year cycle, but analysts anticipate that the increased demand from ETFs and treasury companies will offset any selling pressure from long-term holders.
Bitcoin Whale Moves 80,000 BTC in Address Upgrade, Not Sell-Off, Analysts Say
A Bitcoin whale moved 80,000 BTC, worth over $8 billion, from older to newer address formats. This move was interpreted by analysts as a wallet upgrade for better compatibility and security, rather than a plan to sell the Bitcoin. While the market briefly dipped in response to the large transfer, the price quickly stabilized, and no Bitcoin was sent to exchanges, which would have signaled an intention to sell. Although analysts believe the upgrade makes future sales easier, Bitcoin's price has remained relatively steady, trading around $108,791, and traders are closely monitoring the addresses for any potential movement of funds to exchanges.
Bitcoin (BTC) Price Prediction: Bitcoin Inches Toward Breakout Zone$165K in Sight?
Bitcoin's price is currently around $108,200, showing a slight increase of 0.64% in the last 24 hours. It needs to overcome resistance near $110,000 to continue its upward trend. Analysts suggest that if Bitcoin breaks through the $116,000 level, it could potentially reach $165,745. Support levels are at $107,800 and $106,300. The upcoming Bitcoin halving, activity from large Bitcoin holders, and developments in Bitcoin ETFs are contributing to the positive outlook. Experts also view Bitcoin as a hedge against inflation. The next few days will be important to see if Bitcoin can break through the $116,000 resistance; failure to do so could result in continued consolidation.
Is BONK Set for Further Gains After Soaring 25% in One Day?
BONK's price increased by 25% in the last 24 hours, reaching $0.00002254. This surge brought its market capitalization to $1.81 billion. Trading volume also saw a significant jump, increasing by 123.71% to $1.32 billion. BONK is currently ranked #44 among cryptocurrencies. If the upward trend continues, the next price target is around $0.00002400, but if the price drops, support can be found near $0.00002000. Technical indicators suggest the cryptocurrency is currently in an overbought state, but strong buying activity is present. Investor sentiment remains positive with over 111,000 holders. Separately, FTX has frozen $500 million in creditor claims from countries with crypto restrictions.
3 Bonk Ecosystem Meme Coins to Watch This Week
The meme coin market is showing signs of recovery, with the total market capitalization increasing by over 13% since June 23. Within the Bonk.Fun ecosystem, three meme coins are exhibiting notable performance. Useless Coin (USELESS) has surged by over 740% in the past month and is currently trading around $0.29, with indicators suggesting strong buying pressure. HOSICO has increased by 135% over the past week, trading at approximately $0.067, and its trading volume has climbed significantly, indicating strong market interest. LetsBONK has risen by 239% in the last seven days, and its Aroon Up Line reaching 100% signifies a strong uptrend. Potential price targets and support levels are identified for each coin, contingent on continued demand or profit-taking.
Crypto Market Today: BTC, ETH, XRP, SOL, ADA Surge In Suprise Sunday Pump
On Sunday, several major cryptocurrencies experienced unexpected price increases. Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) all saw significant upward movement in their values. This sudden surge represents a notable shift in market activity for these digital assets.
Worlds Largest Pension Fund Loses $61,000,000,000 in Three Months Amid US Dollar Decline
Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, reported a $61.1 billion loss for the January-March quarter. This loss was attributed to a 4.6% decline in the value of the US dollar against the yen, which reduced the value of its international assets. Global stock market declines, including drops in the MSCI All-Country World Index, the S&P 500, and Japan's Topix index, also contributed to the shortfall. The GPIF's total assets decreased to $1.73 trillion, a 3.4% quarterly decrease. Despite this quarterly loss, the GPIF achieved a positive annual return of 0.7% for the fiscal year ending March 31, 2025. The fund faces ongoing risks from currency fluctuations and trade tensions.
Economist Roubini Nouriel calls H2 core inflation at 3.5% in possible recession warning
Economist Nouriel Roubini, known for predicting past economic downturns, forecasts that core inflation in the U.S. will rise to 3.5% by the end of 2025, with a potential recession in the second half of the year. He believes the Federal Reserve is unlikely to cut interest rates before December and that the economy may experience a period of slow growth and high inflation. Roubini also anticipates global trade tensions, potentially leading to widespread 15% tariffs. While not expecting a major market crash similar to one in April 2025, he suggests the Fed's options are limited. Roubini manages the Atlas America Fund (USAF), an ETF designed to protect against inflation and economic instability, which has gained over 5% since its launch in November and showed resilience during market downturns. The fund invests in gold, short-term U.S. government debt, and agricultural commodities, and has recently increased its exposure to cybersecurity, defense technology, and inflation-protected bonds while reducing real estate holdings. Roubini believes the global economy is gradually moving away from the U.S. dollar, leading to persistent inflation, slow growth, and geopolitical instability.
Cardano (ADA) Price to $0.65? Here Are The Big Hurdles To Cross
Cardano's (ADA) price is currently around $0.58. Recently, the price has been struggling but seems to have found a bottom around $0.5. One analyst suggests that if ADA can break past a certain price point (around $0.81), it could signal a bullish trend for 2025. The amount of ADA held in profit has increased significantly this week, reaching over 18 billion ADA. However, trading volume has decreased. Technical indicators give mixed signals, suggesting a potential for upward movement, but also indicating that it's not a definite trend yet. If the price falls below $0.5840, it could decline to $0.5419, but a bullish close could aim for $0.65. Recent updates to the Cardano blockchain might also contribute to positive price movement.
Why Satoshi-Era Bitcoin Are Relevant To Market Dynamics Analyst Explains
On July 4th, a large amount of Bitcoin, around 81,000 BTC worth approximately $8.8 billion, that had been inactive for 14 years, was moved. These coins were originally mined in 2011 when Bitcoin's value was less than $1. An on-chain analyst suggests that the movement of these old coins is important because these older holdings represent a significant portion of the total Bitcoin supply. Data shows that coins held for over 10 years account for 17% of the total Bitcoin. The movement of these large amounts of old Bitcoin can have a notable impact on the overall crypto market. The price of Bitcoin has remained relatively stable since the movement of these coins, and there is no current indication that the holder is planning to sell.
Bitcoin Meets Heartbreak In Drakes Latest TrackDetails
Drake's new song references Bitcoin, comparing his love life's volatility to Bitcoin's price swings, signaling growing mainstream awareness. A report indicates nearly 5% of the world's population has used or owns Bitcoin. Texas established a state Bitcoin reserve fund protected from being used for other state expenses. Florida, along with several other states, has pulled back on crypto legislation. Drake previously placed a $1 million Bitcoin bet on the Super Bowl. These developments highlight Bitcoin's increasing presence in popular culture and evolving state-level policies regarding cryptocurrency.
Wall Street dumps the dependable Magnificent 7 for Unprofitable 858 in search for gains
Wall Street is shifting away from established, profitable tech companies and investing in riskier companies that aren't currently making money. Since April 8th, a large group of 858 unprofitable companies within the Russell 3000 index has seen significant gains, outperforming their profitable counterparts. Some stocks, like Aeva Technologies, have more than tripled in value since then. This trend is reminiscent of the meme-stock craze of 2021, driven by retail investors and optimism about potential rate cuts and economic resilience. Retail traders are increasingly favoring high-risk stocks and leveraged ETFs, ignoring traditional financial advice focused on earnings. While some analysts warn about the unsustainability of this trend, the market continues to be fueled by a fear of missing out on potential gains.
Bitcoin Whale Awakens: $4.35 Billion Transfer Sparks Market Speculation
A Bitcoin whale, an early adopter who held a large amount of Bitcoin, moved 40,000 BTC (worth approximately $4.35 billion) after 14 years of inactivity. The coins, originally purchased for around $1.65 each, were moved in increments over a 10-hour period. This event caused a slight dip in Bitcoin's price, with a decrease of 1.47% on the day of the transfer. The market's reaction was relatively mild, likely due to increased institutional investment in Bitcoin, such as BlackRock accumulating $3.85 billion in June 2025 alone, which is helping to stabilize the price. The coins were moved between wallets, not to an exchange, suggesting the whale may not be planning to sell. This action highlights how large individual holders can still influence the market, even with growing institutional involvement.
Hack, Government Deal, or Upgrade? $8.6 Billion Bitcoin Transfer Sparks Theories
A large Bitcoin transfer of $8.6 billion, involving 80,009 BTC from eight wallets that had been inactive for over 14 years, occurred on July 4th. Arkham Intelligence suggests this was likely a wallet upgrade, moving the coins from older to newer address formats to improve transaction efficiency and reduce fees. The coins were originally deposited in 2011 when Bitcoin was worth less than $1. While Arkham believes it was a technical adjustment, other theories have emerged. Ark Invest CEO Cathie Wood speculated it could be related to a government settlement, while Coinbase executive Conor Grogan raised the possibility of a hack, noting a small Bitcoin Cash transaction from one wallet prior to the larger transfer which he thinks is a sign of private key theft. 10x Research has implied the wallets may be connected to early Bitcoin investor Roger Ver. The price of Bitcoin remained stable after the transfer, suggesting limited market impact so far.
Billionaire Paul Tudor Jones Warns of Unprecendented Social Upheaval, Stock and Bond Market Crash Amid Rise of AI
Billionaire investor Paul Tudor Jones warns that the rapid advancement of artificial intelligence (AI) could lead to significant job losses, particularly in entry-level white-collar positions. He cites a warning from Anthropic CEO Dario Amodei, who estimates that AI could eliminate half of these jobs within one to five years. Jones believes this could trigger widespread social unrest, especially if productivity gains continue to disproportionately benefit shareholders over workers. He suggests that high unemployment could strain state and municipal resources, potentially leading to bankruptcies. Jones also expresses concern that the US government's high debt-to-GDP ratio would limit its ability to provide adequate support, causing bond markets to decline and stocks to follow. He advocates for measures like watermarking AI-generated content, establishing a bipartisan commission to address productivity sharing, and initiating international talks with China on AI safety protocols. He believes these steps are necessary to mitigate the potential negative consequences of AI and protect human interests.
Analyst Predicts XRP Blow-Off Rally Toward $9.5 or Even $37.5, Explains Rationale Behind 455% and 2,000% Surge
An analyst, EGRAG Crypto, predicts that XRP could potentially surge to $9.5 or even $37.5 based on historical price patterns. The analysis points to repeating cycles where XRP's price has significantly increased after retesting a key moving average. The analyst sees a potential 455% increase similar to a previous cycle, leading to the $9.5 target, or a 2,000% increase comparable to an earlier cycle, resulting in the $37.5 target. Currently, XRP is trading at around $2.27. The analyst also suggests a moving average crossover around September 2025 could trigger a major price breakout. Investors are advised to be disciplined and avoid making decisions based on hype.
Market Psychologist Says You Have Another XRP Opportunity, Dont Mess It Up
Market psychologist Michael XBT is advising investors to consider XRP, currently priced at $2.23, as a potential investment opportunity. He points out that XRP has increased by 7.5% in the past week and is up over 350% in the last year. The warning comes as Bitcoin experienced a brief surge to $110,000 before encountering resistance. XBT is cautioning investors against missing out on potential gains, similar to how some missed earlier Bitcoin and XRP rallies by waiting for dips that never fully materialized. He suggests the current price range around $2 presents an opportunity before a potential price increase. Other analysts and commentators echo this sentiment, with some believing XRP is at the center of a financial revolution and could reach significantly higher prices, potentially surpassing its all-time high and entering the $10 range.
BlackRocks Bitcoin Exchange-Traded Fund (IBIT) Just Two Spots Away From Being Firms Top Revenue-Generating ETF: Bloomberg Analyst
BlackRock's Bitcoin ETF (IBIT) is rapidly becoming a major revenue source for the company. According to a Bloomberg analyst, it is currently the third-highest revenue-generating ETF for BlackRock, bringing in an estimated $191 million annually with $76.314 billion in assets and a 0.25% annual fee. The ETF needs approximately $9 billion more in assets to become BlackRock's top revenue-generating ETF, surpassing the current leader, the iShares Russell 1000 Growth ETF (IWF), which generates $211 million annually. The iShares MSCI EAFE ETF (EFA) generates $207 million in revenue annually. As of Thursday, IBIT was trading at $62.19.
FLOKI Surges Over 10% as Bulls Regain Control Near Key Support Zone
FLOKI's price increased by 10.66% in the last 24 hours, reaching $0.00008245, with its market capitalization rising to $793.52 million. Trading volume more than doubled, hitting $112.64 million. This surge followed FLOKI's defense of a key support level near $0.000074. Technical indicators, such as the Relative Strength Index and Chaikin Money Flow, suggest growing bullish momentum. If FLOKI breaks through the resistance level of $0.000085, the next target is $0.000090. However, failure to break the resistance could lead to a drop back to the $0.000074 support area. A major security breach in Brazil's banking infrastructure resulted in a loss of $140 million.
Dogecoin Price May Hit $3.94 If This Supercycle Pattern Holds in 2025
Dogecoin's price is showing signs of a potential rally, with analysts predicting it could reach $0.24 in the short term and possibly surge to $3.94 by 2025 if historical patterns repeat. The current price has remained above $0.16, reinforcing the bullish outlook. Technical analysis suggests that Dogecoin is following a pattern of correction, accumulation, and a bull run, a cycle that has historically led to significant price increases. Some analysts are pointing to Dogecoin bouncing off its 200-week EMA, coupled with other technical indicators, as signs that it could re-enter an upward trend and reach targets like $0.48.
Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So
Bitcoin's July rally slowed after positive US employment data. On-chain data indicates a shift in investor behavior. Retail investors, identified as short-term holders, have increased their Bitcoin holdings by approximately 382,000 BTC. Conversely, long-term holders have reduced their holdings by a similar amount, possibly due to profit-taking or risk management. Large Bitcoin holders, possessing over 10,000 BTC, sold around 12,000 BTC on July 3rd, and mid-sized whales, holding 1,000-10,000 BTC, sold roughly 14,000 BTC since June 30th. This suggests a distribution phase among larger holders. Bitcoin's price currently shows no significant movement.
Secret Services $400 Million Crypto Cache: A Decade Of Digital Hunts
The US Secret Service has accumulated nearly $400 million in cryptocurrency over the past decade by seizing funds from various fraud cases, including romance and investment scams. The agency's Global Investigative Operations Center tracks cryptocurrency transactions using open-source tools and collaboration with international partners. The Secret Service is also training officials in over 60 countries to combat crypto-related crime. In 2024, Americans reported $9.3 billion in losses to crypto scams, exceeding half of all internet crime losses, according to FBI data. Losses in the first six months of 2025 have already surpassed the total losses of 2024, reaching $2.5 billion.