bitcoinist.com

A fresh burst of verbal shrapnel from on-chain investigator ZachXBT has reignited the long-running feud between the sleuth and the XRP community, with Ripple again cast as the outlier among major stable-asset ecosystems.

The exchange began after WatcherGuru reported on X + that Circle, the issuer of USD Coin (USDC), has applied to become a federally regulated national trust bank in the United States. Within minutes, ZachXBT—whose meticulous wallet-tracking has underpinned investigations into more than $100 million in blockchain thefts—accused Circle of turning a blind eye to sanctioned North Korean activity.

“Circle / USDC is the primary infra used by DPRK IT workers to facilitate payments. They currently do NOTHING to detect / freeze the activity while boasting about compliance… I can point out high 8 figs in recent volume,” he wrote, adding that the indifference is symptomatic of “the crime super cycle.”

Tether, Circle, Paxos All More Trustworthy Than Ripple?

An XRP supporter swiftly attempted to redirect the criticism: “So you’re saying we should be using RLUSD instead, eh?”—a reference to Ripple’s yet-to-launch, asset-backed stablecoin. ZachXBT’s reply was unambiguous: “I trust Circle, Paxos, or Tether infinitely more than Ripple.”

Pressed to justify preferring Tether—whose opaque reserves have drawn scrutiny from US and EU regulators—over Ripple, he gave a terse rationale: “They all at least have organic users whereas Ripple does not and theirs comes from misrepresenting paid partnerships to make it appear like adoption.”

The XRP advocate denounced that assessment as “lazy,” citing integrations with AeonPay, Alchemy Pay and “millions of merchants,” and argued that paying for partnerships is an industry-wide growth tactic. ZachXBT did not further elaborate, but the latest salvo is consistent with a trail of earlier broadsides.

In March 2025 he asserted that a legitimate layer-1 chain can be gauged by the presence of native stablecoins from the “big three” issuers—Circle, Tether and Paxos. “Both ADA and XRP have zero from major stablecoin issuers…” he wrote at the time.

In January 2025 he highlighted what he characterized as opaque treasury flows, noting that more than $109 million in XRP had moved from wallet rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna, activated by Ripple co-founder Chris Larsen, to exchanges including Coinbase, Bitstamp and Bybit in a single month. “Well I guess it’s a good thing no one stalks XRP transfers from wallets tied to the founders/foundation,” he remarked sarcastically.

Responding to a February 2024 plea to investigate an alleged XRP scam address, he quipped that the wallet in question could not have “scammed more than the XRP founders constantly dumping 9 figs on bag-holders.”

Taken together, the remarks sketch a researcher who, while frequently critical of compliance practices at the stablecoin heavyweights, nevertheless views Ripple as uniquely untrustworthy—chiefly for what he deems manufactured network adoption and persistent insider selling.

At press time Ripple Labs, Circle, Paxos and Tether had not publicly responded to the latest remarks. XRP traded at $2.1978.

The XRP community has been making calls for a 1,000% surge in the XRP price. This comes following Ripple CEO Brad Garlinghouse’s symbolic reiteration of his support for XRP, which provides a bullish outlook for the altcoin. 

XRP Price Gets Boost As Ripple CEO Declares 1,000% Support

In an X post, Brad Garlinghouse put out the caption ‘1,000%,’ in which he was alluding to his support for XRP and the community as a whole. The community has described this post as being bullish for the XRP price and even called for a surge of 1,000%. Garlinghouse’s post came in response to a post by Digital Asset Investor, a prominent XRP community member. 

Digital Asset Investor drew attention to the tattoo that the Ripple CEO had gotten following his firm’s victory against the SEC, when Judge Torres declared that XRP was not a security. Garlinghouse’s tattoo featured the XRP logo, which included the date ‘07-13-2023’, representing the day Judge Torres issued this ruling. Back then, the XRP price surged as much as 25% following Judge Torres’ ruling. 

Digital Asset Investor’s caption highlighted the significance of Garlinghouse’s tattoo and how it indeed showed the Ripple CEO’s support for XRP. He claimed that for someone like Garlinghouse, who boasts a Harvard MBA, to have gotten a tattoo, it means that he has “thought it through and knows it is only going to change in a good way.” He then urged the community to lock in, just like Garlinghouse, who has zero doubts about XRP’s trajectory. 

Garlighouse had earlier urged the community to “lock in” following his announcement of Ripple’s decision to drop the cross-appeal against the SEC. He also stated back then that his firm is focused on building the ‘Internet of Value.’ This is a significant boost for the XRP price, given its role in Ripple’s payment services. 

XRP Can Indeed Rally 1,000%

Crypto analyst Egrag Crypto has indicated that the XRP price can indeed record a 1,000% rally. In an X post, he revealed that the altcoin was forming a classic ‘W’ pattern. He then revealed that $15, $22, and $40 are the conservative, average, and optimistic targets, respectively, to watch. A rally to $22 will represent a surge of around 1,000% from the current XRP level. 

Egrag Crypto had also earlier alluded to historical cycles as the rationale behind why the XRP price can reach between $9.5 and $37.5 in this market cycle. He claimed that a repeat of Cycle 1 could lead to an XRP rally of 2,000% to $37.5. On the other hand, if the altcoin mirrors Cycle 2’s performance, then it could record a gain of 455% and reach $9.5.

At the time of writing, the XRP price is trading at around $2.22, up in the last 24 hours, according to data from CoinMarketCap.

Hope is alive once again for Ethereum, the second-largest crypto asset, following a sudden bounce above the $2,500 level as the new week kicks off. ETH’s recent notable bounce has influenced its market dynamics and sentiment, with on-chain metrics turning positive and many investors displaying signs of accumulation.

Institutional Demand Toward Ethereum Rises

In an incredible move, Ethereum made a dramatic recovery on Monday, regaining the key $2,500 level. On-chain data shows that ETH’s recent upward move is catching the attention of major investors, especially on the institutional level.

Leading on-chain data and financial platform, Glassnode, reported that Ethereum rebounded from the $2,200 level to $2,500, and institutional appetite has subsequently increased. Such a rise in institutional amid price spikes appetite suggests that big players might be looking to capitalize on renewed market strength.

Furthermore, the development highlights Ethereum’s continued appeal to major investors, which might pave the way for further substantial institutional inflows when trust in the altcoin’s long-term prospects returns. This growing institutional appetite is observed around the Ethereum Spot Exchange-Traded Funds (ETFs).

According to the on-chain platform, ETH spot ETFs recorded net inflows of over 106,000 ETH in the last week, which marks the 7th consecutive week of positive flows into the products. This consistent accumulation trend demonstrates how demand for direct ETH exposure is rising even in the face of general market uncertainty.

As institutions and retail players persistently channeled fresh capital into these products over the past few weeks, it indicates a powerful wave of sustained investor confidence. Should the trend continue in the following weeks, it could set the stage for further price increases.

A Wave Of ETH Accumulation Ongoing 

Demand for Ethereum is currently picking up pace as the altcoin displays notable upside performance. A report from Crypto Sunmoon, a market expert and author, shows that ETH holders are quietly sending a crucial message to the market with their persistent accumulation.

In the quick-take post on the CryptoQuant platform, the expert revealed a strong accumulation pattern among ETH holders despite prior price pullbacks. This robust accumulation suggests renewed conviction and interest in Ethereum.

Crypto Sunmoon noted that the June consolidation period saw the emergence of strong buying demand from long-term holders. In addition, the accumulation volume is showing notable divergence. Considering the rise in accumulation volume and buying pressure, the expert is confident that something big might be brewing for the altcoin.

BlackMen, an on-chain analyst, has drawn attention to a surge in ETH accumulation to new levels among whales. As mid-2025 approaches, BlackMen stated that altcoin is starting to rise quickly, with the quantity of ETH in accumulation addresses hitting all-time highs.

Furthermore, long-term investors are now accumulating more Ethereum rather than selling, according to on-chain data, which signals extremely positive market confidence and optimistic views for the future.

On the 4-hour chart, XRP is showing signs of coiling up for a breakout. The structure remains intact, as long as the broader market doesn’t break down, the chart looks primed for an upward move.

Launchpad Is Set – XRP Bulls Are Waiting For Confirmation

XRP is approaching a pivotal moment on the chart, according to SquirtleCharts’s post on X, and the key resistance level at $2.23 is acting as the gatekeeper. If it breaks above this level with strength and follow-through, it could unlock a rapid move toward $2.32, and from there it could surge to $2.65.

The structure is bullish, the altcoin has formed a solid base, momentum is building, and the price action is coiling within a framework. The launchpad is ready, but without an upward move in volume, the breakout could face rejection at the resistance zone.

Pinnacle_Crypto revealed that XRP is showing a bullish setup on the daily chart, currently trading within a descending wedge pattern, a formation associated with trend reversals and breakouts. The price has bounced strongly from the key support zone near $2.10, which also aligns with the 200 Exponential Moving Average (EMA), a technical level that acts as a dynamic support in trending markets.

Currently, XRP is aiming for a 25% move to the upside, with the next resistance target at around $2.85. A break above the descending wedge resistance could confirm the move and trigger further upside. It is consolidating within a symmetrical triangle pattern on the daily chart, a setup that precedes high-volatility breakouts. Price action is tightening, and with each dip bought up, FOMOwiz outlined that buying pressure is increasing, pointing to ongoing accumulation.

Momentum is building as altcoin compresses near the triangle. The structure suggests that a breakout is looming, and if bulls seize control, the price could surge toward the resistance at $3.35.

Triangle Pressure Building — XRP Prepping For A Breakout

XRP is in a critical accumulation phase on the 2-day chart, coiling within a massive triangle. This pattern is tightening price action where buyers and sellers reach a temporary balance, and heavy accumulation suggests that smart money is preparing for a move. CRYPTOMOJO_TA mentioned that Q3 is underway, and momentum could pick up dramatically, propelling price toward the $4.60 resistance level.

Another analyst, James, pointed out a striking similarity between the 2-week chart and the patterns observed during the 2017 bull run. The structure mirrors the giant accumulation triangle that formed back then, followed by a breakout pump that surges price into new highs, the same symmetrical triangle re-accumulation is now taking shape. Based on the chart pattern, James anticipates a final pump in price targeting a range between $4.5 and $5.4.

The Ripple Vs. SEC lawsuit is nearing a conclusion following the crypto firm’s decision to drop its cross-appeal. Now, a crypto commentator has drawn the XRP community’s attention to July 3 as an important date to look forward to, as the SEC also moves to drop its appeal. 

All Eyes on July 3 as Ripple vs. SEC Lawsuit Concludes

In an X post, crypto commentator Captain Redbeard declared that July 3 is the moment of truth, with the SEC set to have a closed-door meeting on that day. He noted that Ripple has dropped its cross-appeal and that the Commission’s next move could end it all. Captain Redbeard added that if the agency follows through in dropping its appeal in the Ripple vs. SEC lawsuit, XRP is about to rip. He then remarked that game-changing clarity is within reach. 

Bitcoinist reported that Ripple CEO Brad Garlinghouse had announced that his firm was dropping its cross-appeal. He also mentioned that the SEC is expected to do the same, as they promised initially. However, the agency is expected to have a Commissioner’s vote before it drops the appeal in the Ripple vs. SEC lawsuit. 

However, contrary to Captain Redbeard’s opinion, ex-SEC lawyer Marc Fagel has clarified that July 3 isn’t necessarily concerning the vote on whether to drop the appeal. In an X post, Fagel noted that the proposed closed-door meeting happens every week and that the agenda is confidential. As such, it is impossible to know whether they will vote to drop the appeal in the Ripple vs. SEC lawsuit at that meeting. 

The legal expert further remarked that the vote to dismiss the appeal could happen any Thursday in the future. He added that they could also approve the dismissal through a completely different mechanism. 

What Needs To Be Done Before The Lawsuit Can End

In another X post, Marc Fagel gave a breakdown of what needs to happen before the Ripple vs. SEC lawsuit can finally end. He stated that the Commission likely still needs to vote to dismiss the appeal. Once that is done, then both parties will need to submit papers dismissing their respective appeals, after which the district court’s order goes into effect. 

Fagel explained that these procedures could take several weeks or more. However, it could be expedited, and so, there is no set timeframe. Meanwhile, he suggested that the XRP community shouldn’t get their hopes up about a vote to drop the appeal in the Ripple vs. SEC lawsuit happening on July 3. 

The lawyer stated that it is almost certain that they won’t vote on this on Thursday. He admitted that he isn’t privy to the confidential agenda but that voting on the appeal would be highly unusual. 

At the time of writing, the XRP price is trading at around $2.22, up in the last 24 hours, according to data from CoinMarketCap.

Bitcoin has not yet lost its upward momentum as the flagship asset surges slowly toward the $108,000 resistance level. Since reclaiming $100,000, BTC has maintained its position above this level, showcasing its robust resilience during recent market whirlwinds. While BTC’s price displays bullish strength, buying pressure appears to be weakening.

Apparent Demand For Bitcoin Turns Negative

In a recent quick-take post on CryptoQuant, a market expert and author with the username Crazzyblockk has outlined a worrying trend among Bitcoin holders. Presently. Bitcoin’s Apparent Demand is in negative territory, indicating a weakening market and a critical demand deficit.

It is important to note that the Apparent Demand is a key on-chain metric that offers a lucid picture of BTC’s fundamental market balance by comparing supply and fresh demand from two sources. These include newly mined coins and previously inactive coins from Long-Term Holders that are now moving.

Since the weakening apparent demand coincides with ongoing price spikes, it could imply that the latest leg-up is operating on fragile ground. Such divergence suggests that the current upward trend is supported more by speculative momentum than strong, consistent buying interest.

Crazzyblockk highlighted that the combined supply pressure from newly produced coins and selling long-term holders has been too much for new buyer demand to absorb in recent days. According to the on-chain expert, this reinforces the idea that BTC’s apparent demand has fallen into negative territory again.

Considered a supply/demand imbalance and an underlying market weakness, the development generates an environment full of risk for a near-term price correction. Data shows that miners and profit-taking long-term holders are currently putting more coins onto the market than those being bought by new investors, which is a bearish signal.

What Makes This Negative Demand A Bearish Signal

After examining the negative apparent demand, Crazzyblockk considers this shift a bearish development for two crucial reasons. The first reason is that the divergence directly raises the quantity of “for sale” supply, which drives down the price. 

Secondly, this selling pressure from long-term holders, frequently referred to as “smart money,” often suggests the notion that the market might have hit a local top among these seasoned investors. As a result, the expert claims the market is in a vulnerable condition.

Should any price rally occur from current levels, Crazzyblockk believes it is likely to struggle to surpass this wave of available supply, and market support might not be as strong as expected. In the meantime, this anticipated trend is not yet a guarantee. However, this on-chain signal clearly indicates that a period of caution is necessary until demand begins to rise again.

Presently, Bitcoin is undergoing a significant rejection as the Stochastic Relative Strength Index (RSI) shows a death cross on the daily chart. Ali Martinez, a seasoned crypto analyst, stated that a move back to the $100,000 mark is likely unless there is a sustained close above $109,000.

Linqto’s once-celebrated promise to “democratize” (Ripple) pre-IPO investing is collapsing under the weight of federal probes, a looming bankruptcy filing and a furious customer base that now numbers roughly 13,000.

According to an internal review first detailed by The Wall Street Journal, investigators for the Securities and Exchange Commission and the US Department of Justice are examining allegations that former chief executive William Sarris secretly marked up Ripple shares by more than 60 percent, sold customer stock without permission and promoted deals to thousands of investors who failed to meet accredited-investor standards. New management concedes that client accounts have been frozen since February and warns that a Chapter 11 filing could leave many investors as unsecured creditors.

A March 14 press release from the company’s new leadership confirmed “pervasive securities-law violations,” the pausing of all trading and the dismissal of nearly half the staff while Linqto “explores all options to preserve value,” including court-supervised restructuring. The same statement insists that the special-purpose vehicles (SPVs) holding customers’ assets remain on issuer cap tables, but concedes that an independent forensic review is under way to verify that claim.

Into that vacuum stepped attorney John E. Deaton, who told his X followers that the situation is a “total clusterfuck” and that roughly 11,500 Linqto users bought units in SPVs that, in turn, were supposed to own Ripple shares. Deaton says as many as 5,000 of those investors are non-accredited, creating “a regulatory compliance nightmare” now squarely on the SEC’s radar. He plans to host a live session at 3 p.m. EST today to detail what he calls a “heavily involved” enforcement action and to explain why simply refunding principal would strip investors of six- and seven-figure gains booked on private-share price appreciation.

“You Never Owned Ripple Shares”— CTO

Ripple’s chief technology officer David Schwartz—better known online as “JoelKatz”—added fuel to the blaze by reminding holders that they never owned Ripple equity outright. “You don’t own the shares directly,” Schwartz wrote, “but you own a portion of a legal entity that owns the shares.” He elaborated, saying: “So if you ‘bought’ Z shares, you own X fraction of a legal entity with Y shares where X×Y=100. This generally lets you buy ‘shares’ more easily and in smaller quantities, but the equivalent per-share price is usually higher.”

This clarification dismantled a key misconception among many Linqto clients who believed they were holding Ripple stock directly. The implications are now being examined not only by the SEC but also by customers who fear their indirect ownership could be rendered illiquid or encumbered in bankruptcy court.

When pressed about whether those SPVs could be affected by Linqto’s financial collapse, Schwartz responded: “The legal entity that owns the shares that you own part of should not have exposure to Linqto going bankrupt. So a direct encumbrance on the shares to cover Linqto’s debts shouldn’t happen. But the entity may face operational challenges depending on exactly how it’s structured.”

That operational risk is precisely what has many investors on edge. If trustees, custodians, or record-keepers tied to those SPVs are forced to restructure, change providers, or liquidate assets, investors may find themselves in prolonged legal limbo with no access to their holdings—even if the shares remain technically intact on the cap table.

The Alleged George Soros Link

Complicating perceptions further, Schwartz addressed a separate thread linking billionaire George Soros to Ripple. He clarified that Soros Fund Management backed PolySign—another private company in which many Linqto users invested—during its 2022 acquisition of fund administrator MG Stover, but said he was “not aware of any Soros connection to Ripple.”

Initially, Schwartz wrote: “It wouldn’t surprise me very much since his funds own bits of almost everything (Salesforce, Amazon, Google, JP Morgan, Goldman, Uber, FedEx, and many more), but I couldn’t find any actual connection.”

However, after further reflection, he corrected himself: “Oh, wait, I remember now. Yes, Soros’ fund did invest in PolySign to help finance the acquisition of MG Stover! No connection to Ripple AFAICT though.”

The deeper regulatory concern is structural. Linqto created more than 500 SPVs, each designed to pool hundreds of retail investors while keeping the underlying issuer’s shareholder count below the 2,000-owner threshold that triggers public-reporting obligations. Internal emails obtained by investigators show former executives exhorting staff to “take no prisoners” in sales campaigns—at times buying back Ripple shares from customers at $55 each, only to flip them to Ripple for $61, banking an $8 million spread. If those shares never made it into the SPVs—as suggested in confidential memos cited by investigators—questions of beneficial ownership, tax liability and voting rights could embroil Ripple itself in discovery.

What happens next will hinge on three converging clocks: Linqto’s restructuring timetable, the SEC’s enforcement calendar and the pace at which SPV trustees can—or cannot—demonstrate clean title to almost half a billion dollars’ worth of private-company shares. Until then, thousands of would-be Ripple shareholders remain locked out of their accounts, watching from the sidelines as a legal and regulatory cyclone decides whether their “pre-IPO dream” survives or is wiped out in a courtroom ledger.

At press time, XRP traded at $2.20.

As Republicans rush to pass President Donald Trump’s “One Big Beautiful Bill” budget plan, a timely initiative is emerging in Congress that puts cryptocurrency in the spotlight once more.

Lawmakers are seeking to attach amendments aimed at providing significant advantages for cryptocurrency investors, contributing to the ongoing shift in the regulatory landscape for digital assets in the country.

Fair Tax Treatment For Crypto Miners And Stakers

On Monday, Senator Cynthia Lummis, an advocate for the adoption of digital assets, took to social media platform X (formerly Twitter), to voice her concerns about the current tax treatment faced by crypto miners and stakers. 

The Senator highlighted that these individuals are taxed twice: once when they receive block rewards and again upon selling their assets. “It’s time to stop this unfair tax treatment and ensure America is the world’s Bitcoin and Crypto Superpower,” Lummis stated.

This sentiment resonates with President Trump, who has consistently supported the integration of digital assets into the country’s financial system. His administration has proposed the establishment of the nation’s first crypto strategic reserve, which would include Bitcoin (BTC) and other tokens as part of its framework.

Fox journalist Eleanor Terret also reported on X that discussions around crypto tax amendments remain alive, despite some disagreements that arose over the weekend. 

Congressional Divisions Toward Digital Assets

Terret indicated that the White House is advocating for the inclusion of Lummis’s proposed changes in the final version of the bill, demonstrating a concerted effort to galvanize support for the cryptocurrency sector.

In contrast to Lummis’s approach, Senator Jeff Merkley introduced an amendment aimed at barring elected officials from promoting or profiting from crypto tokens in which they have a financial interest. 

Merkley argued that allowing such practices undermines the integrity of governance. “The sale of crypto coins by any of us for financial benefit is corrupting our responsibility to govern by and for the people,” he asserted.

Lummis opposed Merkley’s amendment, warning that it could stifle American innovation and hinder the government’s ability to effectively understand and regulate digital assets. 

In a pointed remark in Congress on Monday, the pro-crypto Senator noted, “If we’re serious about ethics and financial products, let’s focus on real solutions and all financial products, not just digital.”

Ultimately, Merkley’s amendment was defeated, failing to pass with a vote of 47 to 53, reflecting the ongoing tensions in Congress regarding the regulation of digital assets, as well as the divisions among lawmakers regarding this emerging technology.

As of press time, Bitcoin trades at $107,187, up 2% on the weekly time frame. Despite the short-term recovery for the market’s leading crypto, BTC still trades 4% below its record price of $111,800.  

Featured image from DALL-E, chart from TradingView.com 

Robert Kiyosaki, the author behind Rich Dad Poor Dad, put more skin in the Bitcoin game on July 1. He spent over $100,000 in a single trade to pick up one whole Bitcoin. Instead of sitting on the sidelines, he chose to put his money where his mouth is.

Bold Bet On Bitcoin

According to Kiyosaki’s tweet, he snapped up 1 BTC at about $106,784. He said he’d rather “suck” than be a loser by missing out. Bitcoin is sitting just above $100,000 right now, but Kiyosaki thinks that it could climb much higher.

He’s been warning followers for years that a new wave of growth is coming and that this asset might one day hit the $1 million mark.

Bought another Bitcoin today. I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a FOOL.

Yet I believe Bitcoin will one day soon….be $1 million a coin. If I am a sucker…. I’d rather be a sucker than a LOSER if Bitcoin does go to…

— Robert Kiyosaki (@theRealKiyosaki) July 1, 2025

Chasing The Million Dollar Mark

Based on reports, going from roughly $106,784 to $1,000,000 means about 830% growth. That’s a huge jump. Kiyosaki first floated this million‑dollar idea back in 2021, projecting it could arrive by 2030.

He told his audience to do their own homework, reminding them that he might be wrong. Still, he framed his move as a risk worth taking rather than living with regrets.

Voices From The Market

Other big names share his optimism. Binance’s Changpeng Zhao thinks Bitcoin could top $1 million in the current cycle if the rally stretches out.

Jan3 CEO Samson Mow predicts Bitcoin will hit the $1 million mark, steered by nation-state adoption anx sovereign debt issuance.

Ark Invest’s Cathie Wood gives a base case of $1.5 million by 2030 and even teases a $2.5 million scenario if things really heat up.

Despite that chorus of bullish calls, a good number of traders view the current price as steep. Some say the top crypto asset is trading at a premium around $106,700, while others call it a steal before the next surge. The mix of views keeps the debate alive.

Kiyosaki’s move is more than a personal gamble. It sparks fresh talk about how far Bitcoin can go. It also shines a light on the growing role of big investors and public figures in shaping market mood. When someone with decades of experience takes a stand, it catches attention.

As always, Kiyosaki ends with a reminder to think for yourself. He urged people to weigh the pros and cons instead of blindly copying his play. Whether Bitcoin soars to $1 million or stalls along the way, his bold buy will be one to watch.

Featured image from Observer, chart from TradingView

Bloomberg Intelligence’s James Seyffart and Eric Balchunas have upgraded their outlook for a swathe of single-asset spot-crypto exchange-traded funds, taking the headline odds for XRP, Solana (SOL) and Litecoin (LTC) to 95 percent for approval by the end of 2025. Posting the revised forecast on X late on 30 June, Seyffart wrote: “Here are mine and Eric Balchunas’ most recent odds on spot crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in this second half of 2025.”

Bloomberg Raises XRP, Solana, Litecoin ETF Odds To 95%

The analysts’ latest matrix assigns identical 95 percent odds to four categories: XRP, SOL, LTC and a separate “basket/index” product that would convert Grayscale, Bitwise, Hashdex and Franklin vehicles holding multiple tokens into spot ETFs. Each of those filings has already had its initial Rule 19b-4 submission acknowledged by the Securities and Exchange Commission, and each faces a final SEC decision in early July (for the basket product) or in mid-October 2025 (for the three single-asset funds).

Directly behind the front-runners sit Dogecoin, Cardano, Polkadot, Hedera (HBAR) and Avalanche, all marked at 90 percent. Canary-filed Sui is judged a coin-flip at 60 percent, while Tron and the micro-cap token Pengu each remain at 50 percent, reflecting open questions around commodity status and the absence of CFTC-regulated futures.

The new 95 percent figure is the third upward revision in as many months. On 20 June Balchunas and Seyffart lifted most altcoin ETFs to “90% or higher”, citing “remarkably positive” engagement from SEC staff. Back in late April, the same analysts still pegged SOL at 70 percent and XRP at just 65 percent, a level they themselves called “an improved outlook” compared with February’s sub-60 percent assessments. In percentage-point terms, XRP and LTC have therefore gained roughly thirty points since the start of the year, while SOL is up 25.

Three dynamics underpin the latest bump: First, there’s the impending decision on Grayscale’s Digital Large Cap Fund (GDLC). The SEC must decide by 2 July whether to allow NYSE Arca to list shares of GDLC, a $730 million vehicle that holds Bitcoin, Ether and a combined 8 percent slice of XRP, SOL and Cardano.

Seyffart told Blockworks that the agency could “let the product through” precisely because the non-BTC/ETH allocation is modest; “if they’re not approved on this first date, it’ll only be because the SEC isn’t ready with a full framework,” he said blockworks.co. ETF Store president Nate Geraci went further, writing via X that approval is “highly likely” and would create a “low-risk sandbox” for the SEC to gather surveillance data before green-lighting standalone altcoin funds.

In every case where Seyffart assigns 90 percent or more, the underlying token already trades on a Commodity Futures Trading Commission-regulated venue and has been implicitly treated as a commodity in recent SEC correspondence. The agency’s acknowledgement of the relevant 19b-4 filings, Seyffart argues, “suggests that the underlying altcoins are likely viewed as commodities”

The third positive sign is the active, iterative dialogue with issuers. Multiple sponsors — including Canary, VanEck, 21Shares and Fidelity — have filed amended S-1s at the SEC’s request over the past month. Seyffart and Balchunas see that level of back-and-forth as the same pattern that preceded spot-Bitcoin approval in January 2024 and spot-Ether approval seven months later.

If GDLC wins the nod this week, attention will swing quickly to the single-asset queue. The SEC’s final deadline for Solana is 10 October 2025; XRP and Dogecoin come up on 17 October; Litecoin on 2 October; Cardano on 23 October; Polkadot on 8 November; Hedera on 11 November; and Avalanche on 12 December. Sui’s file runs to 21 December, while the first substantive decision on Tron is not due until 23 January 2026, and Pengu stretches to 12 March 2026.

At press time, XRP traded at $2.21.

In a significant revival of political activity, crypto-focused Political Action Committees (PACs) are gearing up to amplify their influence in upcoming special elections across the United States. 

Following a successful campaign during last year’s elections, these super PACs are determined to position digital assets as a cornerstone of financial growth and innovation in the American economy.

Fairshake And Allies Drive Pro-Crypto Agenda

According to a recent report by journalist Eleanor Terret for Crypto In America, the largest and most affluent of these super PACs, Fairshake, along with its affiliates Defend American Jobs and Protect Progress, has already invested an impressive $136 million in support of over 58 pro-crypto candidates in the 2024 election cycle. 

This substantial funding highlights their dedication to promoting candidates who support cryptocurrency and blockchain technology, building on the significant progress already made, particularly in the US Congress.

Over the weekend, Protect Progress, a group typically aligned with Democratic candidates, reportedly played a pivotal role in the primary victory of James Walkinshaw in Virginia’s 11th Congressional District. 

The PAC allocated $1 million in advertising to support Walkinshaw, who is vying to fill the vacancy left by the late Rep. Gerry Connolly, a known opponent of digital asset initiatives.

Walkinshaw, who previously served as Connolly’s chief of staff for a decade, has expressed his support for blockchain technology as a vital component of Northern Virginia’s economic development strategy.

In contrast, his predecessor, Connolly, had a track record of opposing digital asset legislation, receiving an “F” on the Stand With Crypto scorecard for his votes against pro-crypto measures, including the FIT21 market structure bill. 

PACs Gear Up For 2026 Midterms 

Walkinshaw’s victory over nine opponents in the Democratic primary, including Virginia State Senator Stella Pekarsky, highlights the shifting political landscape for a more pro-digital asset enviroment. 

Pekarsky criticized Walkinshaw for accepting support from the crypto industry, stating, “I haven’t taken a penny from crypto PACs because you deserve a voice in Congress that serves you, not the billionaires who funded Trump’s inauguration.”

In response to such criticisms, Protect Progress defended its role, asserting, “Once again, politically motivated attacks against crypto didn’t work — because a vast majority of Americans, including Democrats, want Congress to unlock American innovation with responsible crypto regulation, not demonize an entire industry.”

Walkinshaw’s win adds to a string of successes for Fairshake this election cycle. In April, the PAC endorsed two Republican candidates in Florida, Jimmy Patronis and Randy Fine, both of whom emerged victorious with a collective $1.5 million in backing from Fairshake.

As it stands, Fairshake and its affiliates are well-prepared for the 2026 midterms, boasting over $100 million in resources. This financial strength is bolstered by contributions from prominent players in the digital asset space, including Coinbase, Andreessen Horowitz, and Ripple.

Featured image from DALL-E, chart from TradingView.com 

Robinhood has just taken a bold step into the future of finance by launching US stock and ETF tokens in Europe — a move that blends traditional equities with blockchain innovation.

This isn’t just a crypto expansion; it’s a strategic push to tokenize U.S. equities, making them more accessible to European investors through simplified, blockchain-based trading. It’s a major leap toward the convergence of global finance and decentralized technology.

For European investors who have long struggled with complex systems, Robinhood’s move is a game-changer, offering a direct way to own tokens representing shares in top Nasdaq and S&P 500 companies.

And with everything running on-chain, it marks a significant step forward for both the stock and crypto markets.

As Robinhood leads the charge, assets like Best Wallet Token ($BEST) are positioned to play a key role in enhancing how we store and manage these innovative on-chain assets.

Robinhood’s Impact on Crypto and Stock Trading

Robinhood is taking its democratizing approach to the next level by launching over 200 US stock and ETF tokens for European customers.

Starting on June 30, 2025, this expansion allows users in 30 EU and EEA countries to gain exposure to major US equities, including Nasdaq and S&P 500 companies, directly from the Robinhood app.

The newly launched stock tokens come with zero commissions and dividend support, offering users a seamless and rewarding trading experience.

What sets this move apart is Robinhood’s deep integration of blockchain technology. The tokens will initially launch on Arbitrum, with plans to migrate to Robinhood’s own Layer 2 blockchain, purpose-built for tokenizing real-world assets.

By removing the delays common in traditional stock transactions, this innovation enables faster, more transparent trades and paves the way for a more efficient, on-chain financial system.

With this bold step, Robinhood is bridging the gap between equities and crypto, placing itself at the leading edge of a financial revolution where legacy finance and blockchain work hand in hand.

What is Best Wallet Token ($BEST)?

Best Wallet Token ($BEST) is a new breed of cryptocurrency designed to enhance the user experience in the crypto space.

It’s closely tied to the Best Wallet ecosystem, a next-generation wallet that challenges legacy wallets like MetaMask by offering advanced features within an easy-to-use interface.

$BEST plays a crucial role within the platform, providing token holders with exclusive benefits. For instance, users can enjoy reduced transaction fees, early access to new crypto projects, and higher staking rewards.

One standout feature is the ‘Upcoming Tokens’ tool, which allows presale buyers to participate in crypto presales directly within the app, eliminating the risks associated with scam sites.

The $BEST token also delivers real utility in the iGaming space, granting holders perks like free spins, exclusive lootbox access, and deposit bonuses, adding real-world value to its digital footprint.

Backed by a rapidly expanding user base and strong community momentum, Best Wallet Token is carving out a leadership role in the competitive crypto wallet market.

Thanks to its seamless integration with the broader crypto ecosystem, $BEST is uniquely positioned to grow, especially as platforms like Robinhood accelerate the adoption of tokenized assets and decentralized finance on a global scale.

Why Buy $BEST Right Now?

Right now, you can buy $BEST for just $0.025265, and the ongoing presale has already raised $13.6M, signaling strong investor confidence.

With a price forecast of $0.072 by 2025, that’s a potential increase of 185% from its current value.

If you purchase and stake $BEST now, with an APY of 20%, your staked tokens could grow by 20% each year.

For example, if you stake 1K $BEST tokens at the current price, you’d earn 200 additional tokens over the next 12 months.

At the projected price of $0.072 in 2025, those 1,200 tokens would be worth $86.40. That’s a potential profit of $36.40.

If the price hits $0.62 by 2026, your staked tokens would be worth $744 – this represents a staggering 2,860% return on your initial investment.

Don’t miss the opportunity to secure these gains early.

Robinhood’s Game-Changing Move and the Future of On-Chain Finance

Robinhood’s innovative expansion into the EU with stock tokens, coupled with its integration of blockchain, is a major step forward for both traditional and crypto markets.

By offering an easy way to access US equities and introducing new crypto features, Robinhood is helping bridge the gap between these two worlds.

As more platforms follow suit, the adoption of on-chain finance could be set for a massive surge. And for anyone looking to get ahead of the curve, Best Wallet Token ($BEST) is one to watch.

Don’t forget to do your own research (DYOR) before investing in crypto. The content of this article is for informational purposes only and doesn’t constitute financial advice.

The fast rise of XRP’s popularity and its place as a top 5 cryptocurrency has seen it emerge as a major competitor for Ethereum. Ethereum, the second-largest cryptocurrency in the industry and the largest altcoin, has always led the way for an altcoin season when it begins to outperform Bitcoin. However, it seems the tides may be turning as one crypto analyst has suggested that XRP could be the altcoin to lead the next altcoin season ahead of Ethereum.

Altcoin Season Is Coming As XRP Takes Lead

According to crypto analyst Cyptoinsightuk, there are a number of developments that point at a possible altcoin season being on the horizon. The first of these is the performance of Bitcoin as it continues to rally ahead of the rest of the crypto market. So far, with the volume rising, the leading cryptocurrency has been pushing toward new all-time highs.

The next step from here is that the Bitcoin price does push upwards into areas with denser liquidity, which could trigger a renewed rally. In the charts shared, this area of dense liquidity is placed at $114,000, reaching which would mean a new all-time high for the Bitcoin price and a continued rise in the dominance before it tops. Once a top is reached on the Bitcoin dominance chart, the altcoin season is expected to start in full bloom.

Instead of Ethereum being expected to lead the start of the altcoin season, the crypto analyst points to how the XRP price has often reacted to moves like this in the past. Notably, despite the Bitcoin price leading the market into deep losses, the XRP price has refused to break below the $2 support.

The range that has plagued the altcoin began back in 2024 and has been around for six months. Previously, when the XRP price has ranged this much, it has often ended in a breakout, similar to what was seen back in October 2024.

Cryptoinsightuk explains that if Bitcoin is able to break out of this range, then it would be the catalyst for the XRP price to take off. Furthermore, the market has now plunged toward what the analyst refers to as the “Previous Alt Season Start Point”, suggesting a reset that could mean the start of the next altcoin season is around the corner.

The crypto analyst also pointed out the fact that there have been weeks of bearish divergence on the Bitcoin dominance chart. Given this, they believe the dominance will begin to fall soon and will do so quickly. In this case, the prices of altcoins like XRP are expected to rip higher, bringing in the next altcoin season. “Just to put things into context of how mental alt coins could go, the “XRP Move” box looks like just a blip, this equated to a 462% rise in $XRP price,” the analyst said.

The Bank of Korea (BOK) has reportedly halted its Central Bank Digital Currency (CBDC) project following the South Korean government’s focus on stablecoins. The shift has left project participants with “no long-term roadmap” and banks pivoting to this sector.

BOK Suspends Second Phase Of CBDC Testing

On Sunday, local news outlet Yonhap News Agency reported that the Bank of Korea had notified banks participating in the Han River Project that the second phase of CBDC testing would be suspended.

The BOK and seven banks began the first phase of testing in April, targeting 100,000 financial consumers and planning to complete it by June 30. Originally, the project was scheduled to start its second phase at the end of the year, testing peer-to-peer transfers, expanding payment merchant locations, and simplifying authentication methods.

However, banks reportedly raised concerns about the “excessive cost burden without concrete plans for commercialization,” leading to the project’s pause. Notably, the banking sector is bearing the cost of the project and recently demanded that the Bank of Korea provide a clear long-term roadmap with plans for commercialization.

Banks requested the BOK to “establish a ‘CBDC General User Real-Transaction Test Task Force’ involving all relevant departments of the Bank of Korea and banks to develop a long-term roadmap including post-test commercialization plans, and then realistically adjust the project schedule based on this roadmap.”

As a result, the BOK has concluded that it must clarify its internal stance and schedule regarding digital assets, as stablecoin momentum grows and discussions in the National Assembly and the private sector intensify.

According to a senior official at a commercial bank, the Bank of Korea explained that it would “wait and see how the situation develops, given that the legalization of stablecoins is currently underway, while it is unclear how CBDC, stablecoins, and deposit tokens differ and can coexist.”

Similarly, another senior official affirmed that the atmosphere is shifting toward stablecoins, detailing that “Until the dinner meeting between Bank of Korea Governor Lee Chang-yong and bank presidents on the 23rd, the atmosphere was not like this, but the situation has changed significantly since then.”

Nonetheless, the Han River Project could be reconsidered in 2026, according to another bank official, who claimed that the Bank of Korea mentioned the possibility of revisiting CBDC testing and “pushing forward with it around the first half of next year.”

Banks Prepare For Stablecoin Legislation

Following this development, banks participating in the CBDC project are expected to shift to stablecoin issuance as related legislation gains support, preparing for issuance with other banks or non-bank entities.

 At the start of the month, a member of South Korea’s ruling party, Min Byeong-deok, introduced a comprehensive bill to establish a more structured regulatory framework for crypto assets in the country.

As reported by Bitcoinist, the Democratic Party of Korea (DPK) lawmaker proposed the Digital Assets Basic Act to complement the Virtual Asset Investor Protection Act and offer a broader legal foundation for the industry.  Additionally, it focuses on implementing a licensing system for stablecoin issuers and clear rules.

The banking sector is considering a business model in which banks establish a joint venture to collectively issue stablecoins, while contacting various non-bank companies to prepare for the legalization and issuance of stablecoins.

A bank official affirmed that “It is unclear whether banks or big tech (large IT companies) and fintech (financial technology companies) will be the issuers of stablecoins,” adding that they “have no choice but to prepare for both scenarios before legalization.”

Another bank official stated that it is necessary to collaborate with fintech companies for scalability, explaining that banks are “not only discussing stablecoins with the Bank of Korea and other banks, but also meeting regularly with ‘payment’ companies, cryptocurrency exchanges, and blockchain companies to prepare for the issuance of stablecoins.”

Circle (CRCL), issuer of the market’s second largest stablecoin, USDC, is applying to establish a national trust bank in the United States. This announcement follows Circle’s recent Initital Public Offering (IPO), which valued the company at nearly $18 billion. 

Circle Seeks OCC Approval 

If approved by the US Office of the Comptroller of the Currency (OCC), the new entity, named First National Digital Currency Bank, N.A., will allow Circle to serve as a custodian for its reserves and manage crypto assets on behalf of institutional clients.

Circle’s CEO, Jeremy Allaire, emphasized the company’s commitment to trust, transparency, and compliance during an interview with Reuters. He stated, “Becoming a publicly traded company is a significant part of that, and becoming a national trust company is again a continuation of that.” 

Unlike traditional banks, this new charter will not permit the stablecoin issuer to accept cash deposits or issue loans, marking a distinct approach to banking within the digital asset space.

Currently, Circle’s reserves are managed at BNY Mellon and BlackRock, backed by a mix of short-term Treasury bills, cash, and other liquid assets. The proposed national trust bank would primarily focus on custody services for tokenized assets, such as stocks and bonds, rather than traditional cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). 

Upcoming Stablecoin Legislation

This initiative comes at a crucial time as Congress moves closer to enacting a federal regulatory framework for stablecoins. The recently passed stablecoin bill, the GENIUS Act, mandates that stablecoins be backed by liquid assets and requires issuers to disclose their reserve compositions monthly. 

With the House of Representatives poised to vote on the legislation soon, and US President Donald Trump expected to sign it into law, the regulatory environment for stablecoins is on the verge of significant change. 

Allaire remarked on the transformative potential of this regulatory shift, stating, “We’re going from the early-adopter phase of this technology into the mainstream.” 

He expressed optimism that securing approval for the national trust charter would provide a solid foundation for institutions to build upon, further legitimizing the role of stablecoins in the financial ecosystem.

CRCL Closes At $180

Per the report, Wall Street’s initial response to Circle’s growth has been largely positive, with several major brokerages, including Barclays and Bernstein, issuing “buy” ratings and setting price targets above $200 for the company’s stock. 

However, some analysts have expressed caution regarding the stock’s valuation, which has more than doubled since its market debut. As of press time, CRCL closed Monday’s trading session at $180, representing a nearly 40% drop from its $299 record achieved last week. 

Allaire concluded by highlighting Circle’s approach in aligning with emerging US regulations. He noted that the establishment of a national digital currency trust bank represents a significant milestone in the quest to create a transparent, efficient, and accessible internet financial system. 

Featured image from DALL-E, chart from TradingView.com 

The first-ever staking-enabled Solana ETF in the U.S. is set to launch tomorrow, July 2nd, marking a major milestone for institutional adoption of Solana ($SOL).

The announcement has already sparked market momentum, with $SOL surging over the past 24 hours to a high of $159.24, signaling growing investor confidence ahead of the ETF debut.

The excitement could also spill over into crypto presales like Snorter Token ($SNORT), a native Ethereum token that features a bridge to Solana, potentially gaining traction as interest in Solana-based assets heats up.

Rex-Osprey Solana ETF Effectively Approved, More ETFs Coming Soon

REX Shares announced on X today that the ‘first-ever staking crypto ETF in the US’ is coming on Wednesday. This will provide investors with direct exposure to $SOL while also offering staking rewards.

In May, the company, along with Osprey Funds, sent a proposal to the SEC for a Solana and an Ethereum ETF with staking rewards.

Rex-Osprey received a response on Friday with the SEC providing no further comments. This effectively approves the organization’s application.

Aside from Rex-Osprey, there are at least nine other similar filings at the SEC. If approved, these should drive up Solana’s value even further.

$SOL Goes Up with the Rex-Osprey Solana ETF News

Solana’s native token saw a flurry of activity in the past 24 hours, thanks to the news. It’s been up by 0.84% during the period and around 2% in the last seven days.

Launched in 2020, Solana has been the unofficial home of the best meme coins with its low transaction fees and high throughput.

Get Ready for the New Wave of Meme Coins with Snorter Token ($SNORT)

With increased interest in Solana could come an influx of new meme coins. This should make finding legitimate and promising coins even more challenging.

Snorter Bot can help you sniff out the top new cryptocurrencies well ahead of other bots and whales.

As a Telegram-native trading bot, it lets you do everything within the popular messaging app. You don’t need to juggle wallets or install different browser extensions.

With Snorter Bot, you can create or import your wallet with a single tap.

Plus, you can perform automated token sniping, set limit orders and dynamic stop-loss, copy trades, and manage your portfolio all within Snorter Bot.

Another important feature is the honeypot and scam protection. With the number and speed of token launches on any given day, it’s difficult to check what’s real and what’s a scam. The bot has got your back covered.

All these get better when you hold its native Snorter Token ($SNORT). You’ll unlock 0.85% fees, unlimited snipes, analytics, staking rewards, governance rights, and even community incentives.

$SNORT is currently available for $0.0967 each at its official presale page.

To buy tokens, connect your crypto wallet like Best Wallet, enter how many tokens you want to purchase, and pay with your debit/credit card, $SOL, $ETH, $USDT, or $USDC.

For step-by-step instructions on how to get $SNORT, you can check out our Snorter Token buying guide.

The project also offers staking rewards, which are currently at 241% p.a. Alternatively, you can HODL as $SNORT could reach as high as $3.25 according to our Snorter Token price prediction.

Solana ETFs Bode Well for the Market and New Cryptocurrencies

The SEC’s approval of Rex-Osprey’s Solana ETF application marks a new chapter in the US’s increasing acceptance of cryptocurrencies and related projects.

This is a huge plus for new crypto like Snorter Token ($SNORT), which will make it easier for investors to find the best presales to put their money into.

If you’re considering buying $SNORT and other crypto, be sure to do your research first. This is not financial advice.

Data shows XRP and Ethereum top the Funding Rate charts among the major cryptocurrencies, a sign of growing demand for long positions.

XRP & Ethereum Funding Rates Have Turned Sharply Positive

In a new post on X, the on-chain analytics firm Glassnode has discussed about how the top cryptocurrencies by market cap currently compare in terms of the Funding Rate.

The Funding Rate refers to an indicator that keeps track of the amount of periodic fees that the investors on the perpetual futures market are paying each other on the various centralized exchanges.

When the value of this metric is positive, it means the long investors are paying a premium to the short ones in order to hold onto their positions. Such a trend suggests the presence of a bullish bias in the derivatives market.

On the other hand, the indicator being under the zero mark implies the short positions outweigh the long ones and a bearish sentiment is shared by the majority of the traders.

Now, here is the table shared by Glassnode that shows the current Funding Rate for the major assets in the sector:

As is visible above, all of these assets except for one have their Funding Rate above the 0% level. For many, however, the metric still has only a small value, meaning that the sentiment tends more or less neutral.

Among the coins with a long bias, XRP and Ethereum particularly stand out, with the metric sitting at 0.093% and 0.083%, respectively. For comparison, the coin with the third highest Funding Rate, Tron (TRX), stands at 0.0052%.

The change to this highly positive sentiment has come for the two coins as on-chain metrics have been giving indefinite signals. The Supply in Profit is at 79.5% for XRP and 64.7% for ETH. This means while the majority of the supply is in the green, the distribution isn’t as extreme as for Bitcoin (98.4%) or Tron (96.6%).

Both of the cryptocurrencies have noted a decline in Daily Active Addresses, which measures the daily number of addresses taking part in transfer activity on the network. The metric is down 11.4% for ETH and 34.3% for XRP.

While active users themselves have become fewer, it would appear that those who are left have ramped up activity, as the On-Chain Volume is up by 74.5% for the former and 637.3% for the latter.

Despite the mixed conditions, futures market users are putting on bullish bets. “This signals growing demand for long exposure, even as on-chain activity and sentiment remain mixed,” notes the analytics firm.

XRP Price

At the time of writing, XRP is trading around $2.21, up almost 9% in the last week.

Circle, the company behind the $USDC stablecoin announced on June 30 that it has applied for a national trust bank charter.

If approved by the US OCC , the so-called First National Digital Currency Bank is the latest confirmation of the shift to decentralized financial infrastructure for TradFi and banking.

With a blockchain banking revolution on the horizon, which altcoins could be poised to benefit?

Circle Builds on IPO with First National Digital Currency Bank

Circle’s trust banking license aspirations follow its landmark IPO that valued the company at approximately $18B.

If passed, the First National Digital Currency Bank, N.A. will allow Circle to custody its $USDC reserves and offer token asset custody services to institutional clients.

Circle’s USDC reserves, currently held and managed by BNY Mellon and BlackRock, would now benefit from in-house oversight, increasing credibility with institutional players.

Compliance with the license demands that it not cross into deposit-taking or lending. This could be subject to change, of course, as the regulatory environment in the US clarifies.

So far, meeting compliance standards has led Circle to prioritize seeking licenses:

• Receives first-ever NYFDS BitLicense in 2024
• Achieves full compliance with EU’s MiCA regulatory framework in 2025
• Granted in-principle approval from the regulatory authority of Abu Dhabi to provide money services in 2025

CEO Jeremy Allaire emphasized Circle’s commitment to building ‘an internet financial system that is transparent, efficient, and accessible.’

The timing of the move isn’t just about the IPO; it also aligns well with US regulatory currents, including the GENIUS stablecoin bill now advancing through Congress.

That bill mandates clear reserve structures and full transparency to help normalize stablecoin use within legacy financial institutions.

TradFi’s Shift from Dinosaur to Early-Adopter

TradFi is increasingly exploring blockchain as a remedy to its woes.

Aave founder Stani Kulechov highlighted the benefits blockchain brings to TradFi: unmatched global reach, instant access to digital financial products, and a global customer base.

That’s all in stark contrast to traditional finance’s piecemeal, jurisdiction-bound approach to financial products.

Hurdles remain, of course. Fragmented interoperability between tokens and blockchains hampers liquidity and cross-chain transactions. There are proposed solutions, though, such as Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which aims to knit together disparate blockchains as logically as the internet connects different networks.

Kulechov envisions a future where DeFi protocols like Aave serve as global financial utilities, unhindered by siloed systems.

Institutional Stablecoins vs Crypto-Native Alternatives

Reports that a banking consortium including JPMorgan, Bank of America, Citigroup, and Wells Fargo is considering issuing its own stablecoin overlook a salient point:

In order to beat crypto, TradFi will need to become crypto – embracing core principles of accountability and transparency.

TradFi will also have to overcome an increasingly strong first-mover advantage wielded by Circle and others. As Todd Ruoff, CEO of Autonomys, said, ‘the rules were written by crypto natives.’

Circle is covered by licenses in 46 US states, plus by New York BitLicense, along with a $USDC market cap hovering around $61B. That’s a big hurdle for any new TradFi/crypto banks to overcome.

While the banks plan their entry into blockchain, these three altcoins are poised to make big gains.

1. Best Wallet Token ($BEST) – Building a Better Web3 Wallet with the $BEST Token

The key to First National Digital Assets Bank could rest in your crypto wallet. That’s why you need the toughest crypto wallet around.

Best Wallet provides a simple, secure, and straightforward way to store and use crypto. With MPC and biometric security and the ability to create multiple wallets, you can buy, store, and swap crypto securely, all within a single, powerful Web3 wallet.

When you load it up with the native $BEST token, you get even more utility from your wallet, including:

• Lower transaction fees
• Higher staking rewards
• Earlier presale access

Select crypto presales are available directly within the Best Wallet app, making researching and purchasing the hottest crypto presales easier than ever.

Learn how to buy Best Wallet Token and see why our own price prediction sees $BEST moving from its current $0.025265 to a potential $0.62 by 2026.

Visit the presale page to buy or learn more.

2. Snorter Token ($SNORT) – Sniff Out and Snipe Hidden Solana Meme Coins for Max Gains

You want meme coins — the frenetic energy, crazy gains, and potential for wild swings that every degen craves.

But you won’t find those on your mainstream CEXs – at least, not very often. Most of the time, the best action comes from low-cap tokens trading underground on sites like Telegram. But how do you find them?

That’s where Snorter Bot and the $SNORT token come in.

What is Snorter? It’s the best way to hunt down the best Solana meme coins, with all the tools you need to trade with confidence. This includes:

• Trading alerts
• Automated sniping
• Rugpull protection
• Honeypot detection
• Stop/loss orders
• Copy trading

And with the $SNORT token you’ll get lower trading fees and better access to new tokens. It’s one of the reasons our $SNORT price prediction sees the token climbing to $0.94 from its current $0.0967, delivering 872% gains by the end of 2026.

Learn how to buy Snorter Token and visit the presale page.

3. World Liberty Financial ($USD1) – Trump’s Own Stablecoin, and a Door to More?

Donald Trump has gone big on crypto, both in his administration and personally. World Liberty Financial, his official crypto project, is one of his biggest moves.

There was a World Liberty Financial presale for its governance token, $WLFI, a few months ago, but the biggest offering from the project so far has been $USD1, a dollar-based stablecoin.

There’s no room for big gains with $USD1 itself, but the token could anchor a much more significant crypto ecosystem from a US president who already has a stablecoin and his own meme coin.

In the meantime, $WLFI recently attracted a $100M investment from the UAE as international investors see the potential benefits of Trump’s global crypto aspirations.

What Lies Ahead for Circle

Circle’s trust bank charter application is under regulatory review; approval would mark a significant milestone in bridging the TradFi and blockchain worlds.

With Circle’s bank charter bid, regulatory advances, DeFi’s global potential, and the rise of institutional stablecoins, all the elements are emerging for an intertwined financial ecosystem.

These three altcoins could be in line to benefit, but always do your own research. This isn’t financial advice.

Bitcoin (BTC) has remained range-bound between $100,000 and $110,000 since May, offering few clues about its next directional move. While this sideways price action may be frustrating traders, on-chain indicators suggest there may be more happening beneath the surface.

Long-Term Holders Are Selling Bitcoin

According to a recent CryptoQuant Quicktake post by contributor Yonsei_dent, long-term holders (LTHs) – those who have held BTC for more than six months – have been consistently selling their coins. Two key indicators, the Spent Output Age Bands (SOAB) and Binary Coin Days Destroyed (CDD), support this observation.

For the uninitiated, SOAB is an on-chain metric that tracks the age of Bitcoin being spent, categorizing coins based on how long they were held before being moved. It helps identify whether short-term or long-term holders are currently active, revealing shifts in investor behavior and broader market trends.

Similarly, Binary CDD is a simplified on-chain metric that shows whether LTHs spent any coins on a given day – represented as a binary “yes” (1) or “no” (0). Unlike traditional CDD, it focuses solely on the presence or absence of LTH activity, making it easier to spot trend changes in long-term holder behavior.

What’s notable, according to Yonsei_dent, is that despite this steady selling by LTHs, BTC’s price has not broken down. The fact that the market is absorbing this selling pressure suggests that new demand – possibly from fresh buyers – is stepping in. The analyst added:

For a bullish trend to sustain, this kind of healthy rotation (from strong hands to new buyers) is essential. In that context, LTH spending isn’t a warning sign – it’s actually a constructive signal.

In addition, there’s rising activity from holders who acquired BTC one to three years ago. This likely reflects profit-taking by those who bought during previous cycle lows.

That said, such selling does not necessarily indicate weakness. On the contrary, it suggests a transition in market leadership from older to newer holders – a dynamic typically seen in the mid-to-late stages of a bull market.

In conclusion, Yonsei_dent believes that the crypto market is likely in a phase of “quiet redistribution,” where LTH selling is being matched by sufficient buy-side demand – potentially setting the stage for the next strong move.

Not All Analysts Are Optimistic

Despite the constructive signals from SOAB and Binary CDD, not all analysts are convinced of a near-term breakout. For example, the Bitcoin MVRV ratio is showing signs of bull market fatigue.

Likewise, even after the recent price rebound, Bitcoin network activity remains significantly muted – raising concerns about a broader lack of user engagement. At press time, BTC trades at $107,781, down 0.1% over the past 24 hours.

Get Early Alpha with Our Immediate Analysis of Today’s Best Meme Coins

Check out our Live Update Coverage on the Best Meme Coins for July 1, 2025!

Meme coins are at the forefront of today’s crypto surge, riding the bullish hype like none other. Backed by unwavering support from asset managers like JPMorgan and exchanges, the momentum is rising constantly.

With a marketing cap nearing $55B, meme coins have Lamborghini potential (think 7-10x in a day). High-risk, high-reward players naturally love them, and so should you.

This page gives you the inside edge—live updates on trending meme coins, alpha from crypto degens, and whispers from FOMO-driven trading circles. If you’re hunting for the next 10x or 100x gem, you’re in the right place.

We update this page frequently throughout the day, as we get the latest insider insights on the best meme coins, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. 95% Chance of Crypto ETF Approvals as V3 Liquidity Pools Open on Solana: Everything Points to Solana Meme Coins Rallying

July 1, 2025 • 07:47 UTC

Approval odds for Solana, Litecoin, and XRP ETFs have jumped from 90% to 95%.

We expect a wave of new ETFs in the second half of 2025.

—James Seyffart, X Post

Approval for an ETF based on a basket or index of crypto assets was also tipped at 95%. The forecast is good for Dogecoin, Cardano, Polkadot, Hedera, and Avalanche ETFS, too, whose odds were bumped up to 90%.

While favorable outcomes loom in the ETF space, PancakeSwap is launching V3 liquidity pools on Solana, the home of the best Solana meme coins.

Basically, this means lower fees for traders and higher earnings for liquidity providers on one of crypto’s fastest chains, Solana.

Meme coin season is officially open, and Snorter Bot ($SNORT), a Telegram-based trading bot, makes sniping Solana meme coins even cheaper and faster.

Get $SNORT and sniff out tomorrow’s top performers before the whales and bots arrive.

Visit the Snorter Token presale page for more information.

Analysts Predict a 9% $BTC July Rally After Bitcoin Hits Record Monthly Close at $107K, Fueling Meme Coins Like Bitcoin Hyper

July 1, 2025 • 07:47 UTC

Bitcoin recorded a monthly close of $107K, which prompted analysts to predict a 9% July rally.

This is despite the spinning top candle pattern, which is usually associated with a dip, according to July 2024’s candle pattern, which saw Bitcoin lose 8.6% the following month.

Analyst Rekt Capital observed that Bitcoin closed below the final major weekly resistance, which indicates an early stage of Lower-High resistance.

Despite the unfavorable context, Markus Thielen, head of 10X Research, is confident that Bitcoin is setting up for a 9% July rally.

This prediction comes one month after 10X Research suggested that the reason Bitcoin isn’t rallying, despite the massive inflows, is that ‘substantial selling is occurring beneath the surface.’

In the context of a potential Bitcoin rally, we should see associated projects, like Bitcoin Hyper, follow the same path.

Bitcoin Hyper ($HYPER) is Bitcoin’s Layer 2 upgrade, promising faster transactions and lower network costs, currently in presale.

Read more about Bitcoin Hyper ($HYPER) on the presale page.