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XRP remains one of the most actively discussed cryptocurrencies on social media, with expectations that its price has yet to plateau. Things like the Ripple battle with the Securities and Exchange Commission (SEC) coming to an end and Bitcoin expected to resume its uptrend have fueled expectations of the XRP price reaching new all-time highs. However, amid the calls for higher prices, a crypto analyst has warned that a major crash could be on the horizon for the altcoin.

Why The XRP Price Will Crash

Crypto analyst Xanrox took to the TradingView website to share thoughts on why they believe the XRP price is headed for a massive crash. The analyst explains that after the 600% rally that brought XRP to new 5-year peaks, it has lost steam and could be headed downward.

The first thing is the fact that the price has been ranging for years, and even with the price jump back in 2024, Xanrox does not believe that the ranging has ended. This range began in 2017 and even after breaking above $3 briefly, the price remains inside of an ascending triangle, which is bearish at the current level.

There is also the fact that the analyst points out that the pump created a large Fair Value Gap (FVG). The thing about FVGs is that they tend to be filled, especially after the price has ranged for as long as XRP has, and unfortunately, the FVG lies towards lower levels.

The crypto analyst also calls out the fact that the XRP price is known for making weird moves and taking liquidity from traders while ranging. Historically, XRP has had more down periods than up, suggesting that bears often dominate the cryptocurrency.

How Low Can The Price Go?

The crypto analyst believes that the XRP price has already topped out, and thus, it’s time for investors to start thinking about exiting their positions. For one, even at $2.1, Xanrox says the price is still extremely high, especially sitting at the top of an ascending triangle. From here, they expect that the price will crash back down toward $0.6, which is where the price started before the 600% increase in 2024, suggesting a 72% decrease in price.

For investors who bought into the coin before the rally, the analyst advises that they start thinking about locking in profits at this level. For those who bought after the pump, they speculate that they got in at the top and should be looking to get out at breakeven or even eat a small loss to exit the position. Last but not least, for futures traders, the crypto analyst advises exiting any positions entered before the crash and switching to short positions if they want to make money on XRP.

Galaxy Digital’s AllUnity (a Mike Novogratz-backed firm) has just secured a BaFin license to roll out EURAU – the first euro-backed stablecoin to meet MiCAR’s full regulatory standard.

And let’s be honest: it’s about time the EU took the wheel on this one.

While the U.S. is still figuring out how to regulate the concept of a dollar on-chain, Europe’s laying down the pipes for a 24/7, real-time, fully collateralized settlement layer.

What’s the play here? Simple. The MiCA regulation gives EURAU instant legitimacy, and AllUnity’s institutional clout means it’s gunning for enterprise adoption from day one.

If this lands, it could open the door to a $6.8T stablecoin-driven liquidity play, the kind Arthur Hayes has been forecasting for years.

And in that world? Wallet tokens like $BEST, designed to thrive on stable, regulated rails, become the gateway key.

EURAU: Europe’s MiCAR Moment

AllUnity – the fintech venture backed by Galaxy Digital, DWS, and Flow Traders – has officially secured an EMI license from BaFin, paving the way for its fully regulated euro stablecoin, EURAU.

It’s the first of its kind under the EU’s new MiCA regime, and it’s not some theoretical pilot. This thing is built for scale: targeting fintechs, banks, and government treasuries that need fast, compliant euro rails across borders and time zones.

Unlike the loosely defined stablecoins floating around on-chain today, EURAU will be 100% collateralized, auditable, and backed 1:1 in EU-regulated banks, with routine transparency baked in.

That’s the MiCAR standard, and it’s light-years ahead of anything the U.S. has on the books. While U.S. senators are still pushing paperwork, Europe is turning stablecoins into infrastructure.

Hayes: Stablecoins Could Unlock $6.8T in Treasury Demand

Arthur Hayes, ex-BitMEX CEO and crypto macro whisperer, isn’t bullish on stablecoins because they’re innovative. He’s bullish because they’re useful to the U.S. government.

According to Hayes, stablecoins issued by Too Big To Fail (TBTF) banks could unlock $6.8T in dormant deposits and funnel that cash straight into T-bills.

Forget quantitative easing. This is stealth monetization wrapped in blockchain drag.

Why does that matter for EURAU? If it catches on, Europe could replicate the same model using MiCA-regulated stablecoins to fund deficits without triggering a rate spike.

Hayes puts it bluntly by claiming this is how the ECB might eventually fund deficits, without a printer.

Let’s be clear… AllUnity isn’t some rogue DeFi outfit. With backing from Galaxy Digital, DWS, and Flow Traders, this is a fully institutional play, tailored for regulators and built to fit neatly inside the MiCAR framework.

And that’s exactly the point. EURAU isn’t just a Euro stablecoin, it’s infrastructure. If it works, it gives governments a way to borrow on-chain, quietly and efficiently, without printing money or spooking the bond market.

Why Wallet Infrastructure Matters Now

Wallets are the front door to everything in crypto. Whether you’re holding $BTC, swapping tokens, or receiving airdrops, it all starts with your wallet. And as stablecoins like EURAU gain regulatory momentum, the importance of secure, user-friendly wallets only grows.

Legacy players like MetaMask and Ledger helped define the space, but newer contenders are reimagining what a wallet can do, especially in a regulated environment. That’s where Best Wallet and the $BEST token come in. Spotlight on Best Wallet Token: What Makes $BEST a Play in This Landscape

Best Wallet Token ($BEST) is a front-row ticket to the regulated Web3 stack. Built around Best Wallet’s secure Fireblocks MPC architecture, $BEST gives holders more than just storage.

Whether you’re yield farming, swapping, or jumping into presales, Best Wallet makes crypto simple and secure – no private key worries, no hacking vulnerability.

By holding this utility token, you also get access to new meme coins on presale, in-app staking rewards, and a seamless way to actually use stablecoins across dApps.

The presale has already pulled in $13.6M, with stage one selling out in just six hours. The token is currently priced at $0.025275, and staking rewards are maxed at 100%, showing strong conviction from early holders who aren’t just buying, they’re locking in.

Buying the Best Wallet token now means you’ll be fueling the project’s ongoing development, which includes further additions to simplify crypto onboarding in Europe and worldwide. One of these is a crypto debit card, meant to enable crypto use for retail purchases.

Currently, the wallet is in phase two of its roadmap. It’s already a true multi-chain wallet, supporting Ethereum, Bitcoin, BNB Smart Chain, and Polygon, with Solana, Base, TON, and 60+ more on the way.

You can also use it to swap assets across 90+ blockchains via 330 DEXs and 30 bridges, all with low fees and top rates.

It’s everything the best crypto wallets promised, finally delivered (and with more features to come soon). As such, Best Wallet is positioning itself as the go-to wallet for the next wave of stablecoin adoption.

Curious where the coin could go next? Check out our full Best Wallet Token price prediction to see why $BEST could hit $0.072 in 2025.

Final Thoughts: Regulated Stablecoins + Smart Wallets = Crypto’s Next Chapter

EURAU signals that Europe is serious about leading the charge on regulated stablecoins. While the U.S. keeps bickering, the EU is building. And if stablecoins really do become the plumbing for modern finance, the wallets that connect users to that system will be just as important.

Best Wallet Token ($BEST) is a forward-looking play on that evolution. It’s not a presale with empty promises. It’s raising millions, giving holders actual utility, and is positioned to secure a large chunk of the crypto wallet market by 2026.

With MiCAR lighting the way and Best Wallet gaining traction, we might finally be entering crypto’s post-shitcoin phase, where utility and compliance lead, not hype.

As always, this isn’t financial advice. Just the facts as we see them.

Do Your Own Research (DYOR) before jumping in. Crypto moves fast, and every investment comes with risk.

Trump’s Big Beautiful Bill is finally here after being approved by the US Congress and reaching the president’s desk.

The White House posted the news on X, celebrating a wave of coming tax cuts and a $5T larger debt capacity.

With the One Big, Beautiful Bill released into the world, a lot of changes are bound to come to the financial sector and, last but not least, a long-awaited Bitcoin rally.

How Trump’s Big, Beautiful Bill Will Fuel the Bitcoin Fire

So, when does the Big Beautiful Bill go into effect?

After Trump signs it today, which means all eyes are on Bitcoin and the predicted imminent rally. Why? Because the Bill comes with several changes that are almost guaranteed to benefit Bitcoin and the crypto market in general:

• The rollback of clean energy government subsidies, cutting the competition for crypto miners
• Increased deficit spending and monetary tightening pressuring the US dollar lead investors to seek store-of-value options like Bitcoin
• Rise in federal debt, impacting global liquidity and forcing investors to use Bitcoin as a hedge against inflation

These macro pressures have benefited Bitcoin historically and a similar situation is likely to occur today.

Aside from crypto enthusiasts, the Bill will also benefit a range of sectors, including manufacturers, small businesses, and the top 20% of net earning Americans, who would add $13K per year to their balance sheets.

Naturally, it’s not all sunshine and rainbows, as the Bill is also likely to produce some negative effects in the long run. Short term, low-income Americans will be the most affected due to the cuts in Medicaid and food stamps.

The long-term effects may be even more drastic, according to Congressional Budget Office (CBO), with the Bill potentially increasing the budget deficit by $3.4T over the next 10 years.

That’s a particularly thorny issue, especially in as the government’s net annual spending has grown more than three times in 2025 compared to 2017.

Fortunately, Bitcoin might just become a solution to that, as $BTC is up 1.49% over the past 7 days and it currently sits at over $109K.

And if Bitcoin is doing well, so are other projects, including some of the best crypto to buy in 2025.

Here are three that might do well.

1. Snorter Token ($SNORT) – The Telegram Sniper Bot Collecting Crypto Trophies for You

Snorter Token ($SNORT) is a presale developing the Snorter Bot, a geared-up Aardvark Telegram bot that scans the market to snipe the hottest crypto tokens for you.

Snorter Bot is the solution to manual coin hunting, which can be overwhelming, imprecise, and can expose you to crypto scams like honeypots and rug pulls.

The Bot fixes these problems by operating in the Telegram-chat-only, centralizing its activity in one place.

The bot can identify and avoid red-flagged crypto projects and send buy commands in milliseconds when the project shows liquidity.

This means you can buy in at the earliest possible price, before other traders realize the token is out on the market. Which might be more than enough for that big payout you’re looking for.

The project is in presale since May 2025, and has already accumulated $1.5M with a token price of $0.0971. Aside from the token’s low price, the presale also offers staking with 232% dynamic APY for extra rewards.

More importantly, based on the project’s scope and roadmap, our analysts expect $SNORT to reach a price point of $0.94 post-listing, mainly driven by investor curiosity.

Once the project begins to see genuine adoption and use, $SNORT could get as high as $3.25 by the end of 2030, for an ROI of 3,247% if you invest today.

You can purchase your $SNORT today from the presale page (you’ll need crypto like $USDT or $ETH to buy the tokens, which you’ll receive after the presale is over).

2. Bitcoin Hyper ($HYPER) – Bitcoin’s Official Layer 2 Upgrade Offering Higher Speeds and Lower Fees

Bitcoin Hyper ($HYPER) is Bitcoin’s acclaimed Layer 2 upgrade that aims to solve Bitcoin’s most pressing issues:

• Subpar transaction speeds
• High latency for transactions, which leads to congestion
• Low potential for ecosystem expansion
• No support for dApps and smart contracts
• Low compatibility with DeFi technology

Speed is one of the biggest problems, as Bitcoin’s max speed of 7 Transactions Per Second (TPS) is unacceptable in 2025.

Base Chain, for instance, has a real-time TPS of 132.5. That’s an almost 19x difference that Bitcoin can never hope to bridge without help.

Bitcoin Hyper promises to solve this problem with two things:

1. The Canonical Bridge that streamlines transactions by storing the users’ tokens in escrow and minting the same amount on the Layer 2.

2. The Solana Virtual Machine (SVM), which enables near-instant, low-latency smart contract execution.

These tools turn Bitcoin Hyper into a speed demon that offers near-instant transaction finality and, thus, lower network costs.

$HYPER is currently in presale and has accumulated over $1.9M since it started in May, 2025.

The token’s price is $0.012125 today, but our analysts expect it to reach $0.32 by the end of 2025.

With enough support and following its successful implementation and performance, $HYPER could get as high as $1.5 by 2030, or even higher. This means that, in the worst case scenario, you should expect an ROI of 12,300% over the next five years.

If you’re interested in the project, go to the presale page and buy $HYPER to support the project and diversify your portfolio.

3. LOBO-THE-WOLF-PUP ($LOBO) – The Official Meme Coin of the Wolf Pack

LOBO-THE-WOLF-PUP ($LOBO) is the end-product of the Rune Father, which formed when Buoyant Capital won the auction of Runestone at 8 $BTC. This resulted in 112K wallets receiving a Runestone.

The successful auction was then followed by the creation of Rune Doors on April 12, 2025, which rewarded holders with $LOBO; more precisely, over 72K wallets received the new token.

The rest is history, with $LOBO now supporting the new Wolf Pack ecosystem and aiming to become ‘a movement within the Bitcoin ecosystem.’

$LOBO is currently hot in the charts, packing 230% over the past 7 days, with a 94% community support.

If you want to become a member of the Wolf Pack, head over to your preferred exchange and get yourself some $LOBO.

Is the Big Beautiful Bill the Start of a Bitcoin Rally?

Based on how Bitcoin has been performing over the past seven days and the projected effects of the Big, Beautiful Bill, we should definitely expect a Bitcoin rally, starting potentially today.

So, keep your eyes on the chart and don’t miss on new crypto projects like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER), which could reach new heights in 2025.

Don’t take this as financial advice. Do your own research (DYOR) and invest wisely.

On-chain data shows HODLing behavior remains dominant among the Bitcoin investors despite the fact that the price is near the all-time high (ATH).

Bitcoin Liveliness Has Recently Been Trending Down

According to the latest weekly report from Glassnode, there has been a growing HODLing sentiment among the Bitcoin investors. There are two indicators that capture this trend: Long-Term Holder Supply and Liveliness.

First, the Long-Term Holder Supply keeps track of the total amount of Bitcoin that’s sitting in the wallets associated with the long-term holders (LTHs), investors who have been holding onto their coins since more than 155 days ago. The traders with a holding time equal or lower than this threshold are termed as the short-term holders (STHs).

Now, here is a chart that shows the trend in the Bitcoin LTH Supply over the last few years:

As displayed in the above graph, the Bitcoin LTH Supply has observed a sharp rise during the last few months, implying the supply controlled by this cohort has blown up.

Something to keep in mind is that this doesn’t indicate that the group is ‘buying.’ Rather, what it signifies is that STHs have been maturing into the cohort by holding past the 155-day mark. In other words, it represents a shift toward HODLing conviction in the sector.

Following the latest continuation of this transition, the LTH Supply has reached a new ATH of 14.7 million BTC. “This underscores that HODLing remains the dominant market behavior amongst investors, with accumulation and maturation flows significantly outweighing distribution pressures,” notes Glassnode.

Interestingly, the 155-day threshold currently lies in late January, meaning that the latest growth in the LTHs has been coming from investors who bought above $100,000 and never got shaken out by the price drawdown that followed.

The second metric of interest, the Liveliness, also showcases a similar shift. This indicator relies on a concept known as ‘coin days.’ A coin day is a quantity that any token present in the circulating supply accumulates after being held for 1 day.

When a token with some number of coin days is moved, its coin days counter resets back to zero and the coin days that it had been carrying are said to be ‘destroyed.’

The Liveliness keeps track of the ratio between the total amount of coin days destroyed over BTC’s history and the total that created over it. Below is a chart that shows the trend in this indicator.

From the graph, it’s apparent that the Liveliness saw an uptrend during both the rallies to the ATH in 2024, meaning that HODLers participated in selling. It’s also visible that the same behavior has been missing from the recent run.

“This further reinforces that HODLing remains the dominant behavior among investors, and that a range expansion in price may be necessary to incentivize renewed spending activity,” says the analytics firm.

BTC Price

Bitcoin broke above $110,000 earlier, but the coin has since seen a minor pullback to $109,700.

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 4, 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. Dogecoin Breaks $0.17 Psychological Level, Potentially Rallies Top Meme Coins as Crypto Week Is Officially Established

July 4, 2025 • 09:03 UTC

Dogecoin broke through the psychological $0.17 level yesterday after a mega rally from $0.150 (more than a 15% bump in a day). It’s now just under $0.17 but community sentiment is overwhelmingly positive.

Likely fueled by the ‘Big Beautiful Bill’ passing, $DOGE took it in stride. And with the House announcing an official Crypto Week on July 14, we’re likely to see another rally attempt soon.

$DOGE’s Open Interest is also above $2B at the moment, showing increasing market demand for riskier plays. This means the current trend is not only bullish but less volatile on the downside, as traders are confident in Dogecoin’s potential to keep growing.

And that brings us to the biggest question – is Dogecoin the only one in this bullish situation?

Of course not. Other meme coins are just as likely (or even more so) to explode in the coming period. Meme coins like BTC Bull Token or Token6900 – presales have much more potential for bigger payouts.

Here’s a list of the best meme coins in 2025 to make an informed investment decision.

Useless Solana Memecoin Is Red-Hot as Meme Coin Scene Explodes: What Should You Buy Now?

July 4, 2025 • 09:01 UTC

Solana is not Useless. But the Useless coin is on Solana… And it absolutely blew the past week with a 60% increase. Community sentiment sits at a bullish 71%, and hype is at its strongest.

The last 30 days show a 167% increase, with a token price of $0.23 (down from $0.27 yesterday).

But that’s not all that Solana has to show. The entire ecosystem of Solana meme coins has been exploding in the past week, with Chainlink, Uniswap, and Aave recording nice gains.

The last 24 hours have seen tokens like $MIXIE gain 120%, $BDP 69%, and $KEEP 48%. And who can forget Pudgy Penguins, which got the world’s first Solana staking NFC ETF a couple of days ago. It’s up by 68% in the last week.

Solana meme coins are the hottest thing right now, and one presale in particular might win it all—Snorter Token ($SNORT). It introduces the cheapest, fastest, and coolest Solana trading bot with 0.85% trading fees to help you snipe the brightest gems around.

Read more about Snorter Token on the official presale page.

Bitcoin (BTC) recorded slight losses following the release of the US June employment report, which showed unemployment falling to 4.1%, compared to the consensus forecast of 4.3%. The drop in the unemployment rate is likely to prompt the US Federal Reserve (Fed) to keep interest rates unchanged, a scenario that could weigh on risk-on assets, including cryptocurrencies.

Strong Employment Data May Hurt Bitcoin

The lower-than-expected unemployment rate complicates the Federal Reserve’s policy decisions. This comes amid ongoing pressure from US President Donald Trump to implement rate cuts quickly.

The robust labor market data, released today, highlights continued strength in the US economy, reducing the likelihood of an imminent rate cut. Notably, nonfarm payrolls (NFP) rose by 147,000 in June, significantly surpassing analysts’ expectations of 118,000 new jobs.

With the unemployment rate falling to its lowest level since February 2025 and NFP growth exceeding forecasts, the Fed is likely to maintain elevated interest rates for longer to ensure inflation continues to trend downward.

Data from the Chicago Mercantile Exchange (CME) FedWatch Tool now shows a 95.3% probability that the Fed will hold rates steady at its July 30 meeting. This is substantially up from 75% before the jobs report.

In a CryptoQuant Quicktake post, contributor Amr Taha noted that a strong job market could hurt Bitcoin in the near term. He explained:

A resilient jobs market supports a stronger US dollar, since expectations for a delayed or reduced pace of interest rate cuts make the greenback more attractive relative to other currencies. Historically, strong NFP readings and hawkish Fed expectations tend to pressure risk assets, including Bitcoin.

Binance Sees Aggressive BTC Buying Activity

Meanwhile, Taha also highlighted a sharp spike in Binance’s Net Taker Volume just before the release of the employment data. The metric surpassed $100 million, signaling a surge in aggressive buying activity.

The jump in Net Taker Volume on Binance reflects strong bullish sentiment among Bitcoin investors and traders. For context, Net Taker Volume measures the difference between aggressive buy and sell orders on an exchange, indicating which side – buyers or sellers – is dominating market activity.

Some analysts believe Bitcoin could see more upside due to its sustained positive price momentum in recent weeks. For example, BTC’s weekly Relative Strength Index (RSI) continues to move toward its upper trendline, a pattern that has historically preceded new all-time highs (ATHs).

That said, not everyone shares the bullish view. In a recent post on X, veteran crypto analyst Ali Martinez warned that Bitcoin has flashed a rare bearish signal that could push the price down to $40,000. At press time, BTC trades at $109,114, up 0.6% in the past 24 hours.

Stay Ahead with Our Immediate Analysis of Today’s Best Crypto Presales

Check out our Live Update Coverage on the Best Crypto Presales for July 4, 2025!

Crypto presales are kicking gains day in and day out, motivated by impactful players like Mastercard, Visa, and the influx of new ETFs. These early-stage crypto projects are often significantly more profitable than established coins like Bitcoin.

We’ll give you live updates on the trending presales, whale activities, projecting funding and development rounds, and critical alerts—everything you’ll need to get an edger.

We update this page frequently throughout the day, as we get the latest insider insights on the hottest presales, 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. Cynthia Lummis Proposes New Crypto Tax Reforms, Opening the Door for Crypto Presale Investors

July 4, 2025 • 09:00 UTC

On July 3, Senator Cynthia Lummis introduced a new bill to fight for digital asset tax reform.

The proposed bill sets a ‘de minimis’ of $300; crypto transactions below this threshold won’t be tracked for capital gains.

Beyond setting the stage for small retail investors to join the crypto market, this legislation would also tackle the unfair double taxation placed on staking and mining rewards. Instead of being taxed when receiving airdrop rewards, crypto users would only pay when selling their new assets.

The senator had pushed for similar reforms earlier, during the drafting of President Trump’s ‘Big Beautiful Bill.’ The BBB passed congress on July 3, but without easing the burden of crypto taxation.

If Senator Lummis’s new proposal makes it as a standalone bill, this could mean big news for small-scale crypto investors. Small-cap assets, crypto presales, and airdrop events could soon see a lot more attention.

Check the best crypto presales today.

Big Beautiful Bill Passes the House as Bitcoin and Crypto Prepare for Rally on 4th of July: Here Is the Best Presale to Watch

July 4, 2025 • 08:58 UTC

Trump’s Big Beautiful Bill just passed the House yesterday, which locked in tax cuts, $5T in new debt capacity, and massive reductions in food assistance and Medicaid.

To cut it short, not a pretty sight in general. But crypto is where it fortunately gets better. Deficit spending + the Fed reducing its balance sheet to potentially produce liquidity mismatches = Bitcoin rally, potentially.

As investors might seek a hedge against inflation, Bitcoin rises as the most immediate solution. Adding the fact Bitcoin miners may benefit from the clean energy subsidies, and you get a double package of crypto goodness.

Which brings us to the main point – with Bitcoin likely rallying the market, where do you think the biggest opportunity lies? Crypto presales, that’s where.

These early-bird opportunities often deliver the biggest payouts because you’re buying it at the earliest possible price. And once the token lists on exchanges, it’s rocket-fuel time.

One presale in particular, set to end in 3 days, has just raised $8M in presale. BTC Bull Token ($BTCBULL) offers free Bitcoin airdrops as Bitcoin marches forward and touches higher ATHs.

Here’s what you need to know about BTC Bull Token’s presale.

 

The International Monetary Fund (IMF) has reportedly rejected Pakistan’s proposal to utilize excess power to offer cheaper electricity to the crypto mining sector, despite the country’s surplus energy capacity.

Pakistan’s Crypto Mining Proposal Faces Uncertainty

On Thursday, news outlet Independent Urdu reported that the IMF has rejected Pakistan’s proposal to subsidize electricity to certain industries, including the crypto mining and artificial intelligence (AI) sectors.

In a statement before the Senate Standing Committee on Energy, Secretary of Power Fakhar Alam Irfan explained that all major energy sector initiatives must be cleared with the international financial institution, adding that the IMF raised concerns despite Pakistan’s surplus energy capacity.

In November 2024, the Power Division proposed a marginal cost tariff of PKR 22-23, or around $0.80, per kilowatt-hour for specific industries with significant energy consumption, including the copper and aluminum smelting sectors, data centers, and crypto miners. The Division alleged that it would increase power demand and reduce the potential surplus capacity.

Earlier this year, the recently established Pakistan Crypto Council (PCC) proposed utilizing surplus energy to support crypto mining operations and AI data centers in regions where excess electricity capacity is largest.

The bid, led by the CEO of the PCC and the finance minister’s advisor, Bilal Bin Saqib, aims to convert unused electricity into a productive resource. Nonetheless, the IMF questioned Pakistan’s plan a month ago, seeking urgent clarification from the finance minister on the power allocation.

According to the Thursday report, Irfan stated that the IMF is wary of any pricing mechanism that could destabilize the market, lead to potential economic imbalances, and create “new complications in the already strained power sector.”

The international financial institution reportedly argued that Pakistan’s energy plan resembles sector-specific tax breaks that have historically created market imbalances. Additionally, the Senate Standing Committee on Energy expressed discontent over the absence of the Federal Power Minister during the meeting.

Multiple senators raised concerns about the “forced” load shedding in the Tharparkar, Matiari, and Umerkot areas, where daily shutdowns continue for up to 14 hours despite consumers paying their bills.

A New Era For Digital Assets

Irfan affirmed that the government has not withdrawn the proposal, despite the IMF’s negative, adding that it is currently in consultation with international institutions, including the World Bank and other development agencies, to improve it.

This follows the country’s efforts to position itself as a crypto hub. In May, the PCC CEO announced the creation of a national Strategic Bitcoin Reserve using existing BTC held by the federal government.

He also revealed the establishment of a national Bitcoin wallet to hold cryptocurrencies under the state’s custody, intended to reflect the country’s long-term commitment to the growing industry.

Notably, Saqib has previously stated that the election of pro-crypto US President Donald Trump motivated the government to develop the blockchain and digital assets industry, which has been largely unregulated, despite its adoption rate.

Pakistan is “done sitting on the sidelines,” he has affirmed, expressing his desire to make the country one of the leaders of blockchain-powered finance.

On-chain data suggests the veterans of the Bitcoin network were the ones that took profits during the latest market selloff.

Older Bitcoin Groups Recently Realized A Large Amount Of Profit

In a post on X, the on-chain analytics firm Glassnode has revealed how profit-taking has been distributed among the various Bitcoin cohorts. The groups in question have been divided based on the age of their holdings.

The 1 year to 2 years cohort, for example, includes the holders who have been carrying their coins since between one and two years ago, without having involved them in a transaction even once.

Statistically, the longer an investor holds onto their tokens, the less likely they become to move them at any point. As such, cohorts on the older side include the more resolute hands.

The investors with a holding time under six months are termed as the “short-term holders.” Since these investors have a relatively low age, they often easily participate in selling.

According to Glassnode, however, this cohort who’s generally involved in profit-taking sprees hasn’t played much of a role during the recent profit-taking event in the sector.

So, who has been the culprit? The data of the Realized Profit by Age holds the answer. The Realized Profit measures, as its name suggests, the total amount of profit that the Bitcoin investors are realizing through their transactions.

The Realized Profit by Age is a modification of this indicator that separates the profit being realized by the different age cohorts. Below is the chart shared by the analytics firm that shows the trend in the metric specifically for the more aged side of the market (holding time greater than one year).

As displayed in the graph, the Bitcoin Realized Profit has recently shot up for the veteran groups of the network. During this profit-taking spree, the 3 years to 5 years investors realized the most gains at $849 million.

This cohort contains the investors who bought the cryptocurrency during the previous cycle. It would appear that the recent $100,000 prices finally proved enough for them to break their dormancy.

More interesting, however, is the cohort who took the second most profits: the 7 years to 10 years holders with a Realized Profit of $485 million. Coins that enter an age so old are generally assumed to be lost, either due to being forgotten or having their keys misplaced. Thus, it’s possible that these sales were made by investors who rediscovered old wallets.

Though, there is also a chance that there were some genuine HODLers sprinkled among these, in which case, they would have certainly deserved the fruits of their conviction.

The third largest Bitcoin profit-taker has been the 1 year to 2 years cohort with an indicator value of $445 million.

BTC Price

At the time of writing, Bitcoin is floating around $109,300, up more than 3% over the past day.

Zug-based AMINA Bank, the Swiss crypto-focused lender regulated by FINMA, said on 3 July that it has begun offering custody and over-the-counter trading for Ripple USD (RLUSD), becoming what it calls “the first bank globally” to support the dollar-pegged stablecoin and giving the six-month-old token its first foothold inside the traditional banking system.

AMINA Bank Backs Ripple’s RLUSD

RLUSD is issued by Standard Custody, a New York-chartered limited-purpose trust company wholly owned by Ripple Labs, and is fully backed “by cash and cash equivalents” held under NYDFS supervision; the token lives natively on both the XRP Ledger and Ethereum, allowing settlement across public and permissioned rails.

Since its mid-December 2024 debut RLUSD’s market capitalization has climbed above $440 million, while the wider stablecoin sector has swollen to roughly $263 billion—both record highs that underscore accelerating institutional demand for regulated digital cash.

“AMINA will enable its client base of professional investors, institutions and corporations to access Ripple’s stablecoin ecosystem with the security and governance clients expect from a traditional banking partner,” chief product officer Myles Harrison said, praising Ripple’s “commitment to transparency and compliance.”

The partnership deepens ties forged when the bank—licensed in Switzerland since 2019 and now also regulated in Abu Dhabi and Hong Kong—pivoted to act as a multi-jurisdictional bridge between conventional finance and on-chain liquidity.

For Ripple, AMINA’s endorsement follows April’s integration of RLUSD into Ripple Payments, the company’s cross-border treasury platform already live in more than 70 payout corridors, where early adopters such as BKK Forex and iSend are settling flows with the token.

The announcement lands as the European Union’s MiCA regime, whose transaction-volume caps for non-e-money stablecoins took effect on 30 June 2024, forces issuers to demonstrate reserve integrity and governance discipline to maintain access to the bloc.

Separately, Ripple confirmed on 2 July that it has applied for a national bank charter with the US Office of the Comptroller of the Currency and—through its Standard Custody & Trust subsidiary—for a Federal Reserve master account, a step chief executive Brad Garlinghouse said would provide “both state (via NYDFS) and federal oversight, a new (and unique) benchmark for trust in the stablecoin market” while letting the firm hold RLUSD reserves “directly with the Fed” to “future-proof trust” in the token.

At press time, XRP traded at $2.286.

A new report from cybersecurity firm Koi Security has revealed a large-scale campaign involving fake Firefox browser extensions used to steal crypto wallet credentials.

According to the research, more than 40 extensions were found impersonating popular crypto wallet tools, allowing attackers to siphon off sensitive information from unsuspecting users.

These add-ons were designed to closely mimic legitimate applications from well-known platforms like MetaMask, Coinbase, Phantom, Trust Wallet, Exodus, OKX, and others.

Inside The Fake Wallet Extensions on Firefox

The campaign, which remains active, was first detected as far back as April 2025. In their findings released Wednesday, Koi Security confirmed that the fake extensions had been uploaded to the Firefox Add-ons store as recently as last week.

Some of these extensions were still available at the time of the report, raising concerns about the continued exposure of users’ private keys and wallet data.

Once installed, the add-ons discreetly collected sensitive credentials, creating direct access points for attackers to steal users’ assets across multiple blockchain networks.

Security researchers say this operation poses a particular threat because of its longevity, stealth, and technical sophistication. The fact that new extensions are being uploaded even now suggests the campaign is not only active but persistent, evolving to avoid detection.

By mimicking widely used wallets and slipping through browser review systems, the actors behind this effort are leveraging both social engineering and technical spoofing to target crypto users.

Tactics, Attribution, and Broader Implications for Crypto Security

In an effort to establish credibility, many of the counterfeit extensions had been padded with hundreds of five-star ratings and positive reviews. These false signals of legitimacy likely helped persuade users to download the tools without suspecting foul play.

The extensions’ design, branding, and naming conventions also closely resembled those of official wallet providers, adding another layer of deception.

Koi Security researchers found several technical indicators suggesting a potential Russian-speaking group behind the campaign. Analysis of the extensions revealed Russian-language comments embedded in the code, and documents linked to the command-and-control infrastructure contained metadata in Russian.

While these clues are not definitive, they align with tactics seen in prior threat actor campaigns originating from Eastern Europe. “While not conclusive, these artifacts suggest that the campaign may originate from a Russian-speaking threat actor group,” the report noted.

The scale and persistence of the operation point to an organized effort. Koi Security emphasized that this isn’t a one-off exploit but an evolving tactic that could target other browsers and crypto platforms in the future.

The report recommends that users avoid downloading browser extensions outside of official wallet provider recommendations and double-check developer information on add-on pages. It also encourages users to inspect permissions requested by extensions and to remove any tool they did not explicitly install or no longer recognize.

Featured image created with DALL-E, Chart from TradingView

Bitcoin has climbed back toward the $110,000 mark, but Open Interest data could raise questions about the sustainability of the rally.

Bitcoin Has Seen A Reignition Of Bullish Momentum

Since falling into the low $105,000 levels on Tuesday, Bitcoin has seen some fresh momentum that has so far culminated in it reclaiming the $109,000 level and even making a brief retest of $110,000.

Below is a chart that shows how the recent trajectory of the coin has looked.

Over the last 24 hours, the asset has added around 2% to its recovery. This isn’t much, but the surge is still notable as it has brought the coin close to the all-time high (ATH). Now, will the rally sustain? The answer to that naturally relies on a number of factors, but one signal that could perhaps speak against it is the spike in the Open Interest.

BTC Open Interest Saw A Sharp Jump Alongside The Surge

As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the latest BTC rally was accompanied by a rapid increase in the Open Interest. The “Open Interest” refers to a metric that keeps track of the total amount of Bitcoin-related positions that the derivatives market traders have currently active on the various centralized exchanges.

When the value of this metric rises, it means the investors are opening up fresh positions on the market. Generally, the total leverage present in the sector goes up when this trend appears, so the cryptocurrency’s price could become more volatile following it.

On the other hand, the indicator going down implies the holders are either closing up positions of their own volition or getting forcibly liquidated by their platform. Due to the flush of leverage, such a trend can lead to the asset behaving in a more stable manner.

Now, here is a chart that shows the trend in the 24-hour change of the Bitcoin Open Interest over the last month:

As is visible in the above graph, the 24-hour change in the Bitcoin Open Interest registered a sharp spike alongside the rally, indicating that investors opened up a large number of positions.

This isn’t anything unusual, as speculative activity tends to rise when significant price action occurs in the market. The scale of the spike, however, could be worth taking note of.

As the analyst has highlighted in the chart, the spikes of a similar order in the last month generally coincided with tops in the cryptocurrency’s price. It now remains to be seen whether the same pattern will play out this time as well.

A recently revised Elliott Wave count analysis by market expert Gert van Lagen has pinpointed a potential price peak for Bitcoin (BTC) above $300,000. The updated price outlook signals that the current market cycle is far from over, with higher targets now in play and this new sell zone outlined for investors considering taking profits and aiming to exit the market at the top. 

Updated Forecast Puts Bitcoin Price At $395,000

On July 1, Lagen posted an updated Elliott Wave count analysis on X social media, revealing a step-like parabolic formation that suggests that Bitcoin could be entering the final leg of its bullish cycle. The analyst chart predicts that Wave 5 is now potentially targeting a bold market top near $395,000, which also aligns with a sell zone.

The chart outlines a textbook parabolic curve, marked by four distinct consolidation phases labeled Base 1 through 4, reflecting a classic structure of a step-like upward move. Lagen’s revised forecast suggests the possibility of a gradual but explosive price movement where the final stage delivers the sharpest rally. 

According to the updated weekly wave count, Bitcoin completed its Wave 3 above $106,000 and recently concluded Wave 4 below $79,000. The chart shows that Wave 5 has now begun and is unfolding with subwaves i and ii already formed. The next major move is expected to come in subwave iii of Wave 5, which Lagen states would confirm itself through a decisive break above Bitcoin’s current all-time high. 

This breakout is expected to trigger a strong continuation upward, with the analyst drawing a projected sell line between the $350,000 and $400,000 zone. The chart’s parabolic curve also rises deeply into August 2025, meaning the final peak of Bitcoin’s Wave 5 is anticipated in the next few weeks. 

In his earlier wave count analysis, Lagen projected that Bitcoin could climb above $345,000 within the same timeframe. However, the newly updated analysis points to a much higher cycle top target, with the analyst’s step-like structure strongly supporting the possibility of BTC tripling its current value of $109,208—positioning $395,000 as a strategic level for profit taking. 

Community Casts Doubts Over Ambitious BTC Target

Despite Lagen’s well-structured technical case for a parabolic rise in Bitcoin, many in the crypto community remain skeptical about the likelihood of the leading cryptocurrency reaching $395,000 in such a short timeframe. Some members argue that the chart overlooks critical downside risks, including the possibility of a retracement toward the mid-$90,000 range due to unfilled gaps and market structure inefficiencies. 

Others point to macroeconomic and geopolitical pressures as limiting factors, believing the broader cycle may be running out of steam — making a move above $350,000 within the next two months unlikely. For critics, the idea that Bitcoin will climb to nearly $400,000 by August 2025 appears overly optimistic and disconnected from prevailing market dynamics.

Bitcoin is currently trading just below its all-time high of $112,000, caught in a tight range as both bulls and bears struggle to take control. While buyers have shown strength by consistently defending key support levels, they have yet to muster the momentum needed to break into price discovery. At the same time, sellers have failed to force a deeper correction, highlighting the market’s resilience.

Analysts remain cautiously optimistic, with many leaning bullish amid improving macroeconomic conditions and risk-on sentiment in traditional markets. The recent strength in US equities has spilled into crypto, giving BTC a tailwind, yet not enough to trigger a decisive breakout.

On-chain data adds further insight into this pivotal moment. According to CryptoQuant, the 30-day percentile of the Unrealized Profit/Loss (P/L) Ratio currently stands at 80%. This metric indicates that a significant majority of BTC holders are sitting on profits; yet, we remain below the historically extreme 90–100% zone associated with major selling pressure. This suggests that Bitcoin still has room to rally before holders begin aggressively taking profits.

BTC Nears Breakout As Profits Accumulate

Bitcoin is on the verge of a major breakout, rising 47% since its April lows and trading just under 2% away from its all-time high at $112,000. The broader market is heating up as macroeconomic uncertainty begins to fade — US equities continue to climb, bond volatility is dropping, and investor appetite for risk is returning. This has created a favorable backdrop for BTC, which has steadily reclaimed ground over the past two months.

Bulls remain firmly in control, but a breakout into price discovery is still needed to confirm the start of a new expansive phase. Analysts widely agree that the coming days will be pivotal. A clean move above resistance could open the door for a rally to new highs, while a failure to hold key levels may force BTC into another consolidation.

Top analyst Axel Adler shared a critical on-chain signal supporting the bullish outlook. According to Adler, the 30-day percentile of Bitcoin’s Unrealized Profit/Loss (P/L) Ratio currently stands at 80%. This means the ratio of coins held in profit to those in loss is significantly elevated — most holders are in the green. Historically, profit-taking accelerates only when the metric enters the 90–100% range.

Since BTC is still below that overheated threshold, there’s additional room for upside before the market faces heavy sell pressure. As profit margins rise, so does the risk of volatility — but at this point, the data still favors the bulls. If the breakout comes soon, it could mark the beginning of a fresh leg higher and push BTC firmly into uncharted territory.

BTC Pushes Toward Price Discovery

Bitcoin continues to press against its all-time high resistance zone near $112,000, showing strength as it consolidates above the $109,000 level. The chart shows BTC making higher lows since mid-June, signaling that buyers remain firmly in control. The 3-day candle structure reflects a sustained uptrend following a clean bounce from the $103,600 support — a critical area that has now been tested multiple times since April.

The 50-day simple moving average (SMA) at $95,449 has consistently provided dynamic support throughout this phase, while the 100-day and 200-day SMAs are trending steadily upward, reinforcing the broader bullish momentum. Volume remains healthy, although not yet explosive, indicating that a breakout above $112,000 may require stronger conviction or a catalyst.

If Bitcoin manages to close decisively above the $109,300–$112,000 resistance band, it would open the door for a new leg into price discovery. On the downside, failure to hold above $109,000 could see a retest of the $103,600 zone. Overall, the structure remains bullish, with consolidation near highs suggesting accumulation rather than distribution. As long as BTC maintains this ascending pattern, the odds favor an eventual breakout, possibly sooner than expected.

Featured image from Dall-E, chart from TradingView

In a stunning move on Wednesday, popular dog-themed meme coin Dogecoin has regained upside traction again, pushing its price back to the $0.17 resistance level. With DOGE displaying upward action, crypto analysts foresee a continuation of the newfound strength as key bullish technical signals unfold.

Aftermath of Dogecoin’s Second Support Retest

Dogecoin’s price is back above crucial resistance levels that previously capped its upward attempts. After a period of prolonged bearish action, the dog-themed meme coin may be on the cusp of a much-needed turnaround in the short term.

Trader Tardigrade, a seasoned crypto expert and investor, has outlined a bullish technical signal that hints at a potential rally for DOGE. The expert’s analysis shows that DOGE has recently retested a critical support level for the second time.

This repeated bounce off the same price floor observed on the weekly time frame chart could serve as a launchpad to a fresh upward trend, targeting higher price levels. Such a recurrent recovery is testament to DOGE’s robust stability and resilience during a period of volatility.

Looking at the chart, Dogecoin witnessed a significant upward move after touching this support trend line, which occurred in September last year. With the meme coin retesting this critical trend line, Trader Tardigrade is confident that DOGE’s price will bounce strongly as seen in the previous scenario.

Once this bounce is confirmed and mirrors the last result, DOGE could rise beyond the $0.90 price range in the upcoming months, marking a new all-time high and a potential top in the ongoing bull market cycle. This move is likely to put an end to the current bearish action of DOGE as bullish momentum builds up once again.

Key Chart Formation Hints At An Impending Rebound For DOGE

DOGE’s price continues to display signs of a shift from a downward trend to an upward trend. Delving into Dogecoin’s price action in the 1-day time frame, Trader Tardigrade reported that the meme coin has formed a crucial setup, particularly an Ascending Channel formation.

An ascending channel pattern is a technical pattern characterized by two upward-sloping, parallel trendlines that connect higher highs and higher lows. This pattern points to a period of price consolidation within an uptrend, which could lead to a rally following a breakout to the upside.

Trader Tardigrade highlighted that meme coin is currently positioned at the lower support of the ascending channel pattern, with the expectation of a breakout to the upside. Once DOGE charges upward, the upper line is acting as the next crucial resistance, which is situated at the $0.176 level.

At the time of writing, Dogecoin was trading at $0.174, demonstrating a more than 7% increase in the last 24 hours. Fresh optimism is returning to the market, as indicated by a 105% rise in trading volume in the past day.

Bitcoin is once again at a pivotal point in its cycle, reclaiming the $110,000 level in a strong bullish move that reignites hopes of a fresh leg higher. After months of consolidation and volatility, the leading cryptocurrency is now testing critical resistance, with analysts watching closely for a breakout into price discovery. A move beyond current highs could mark the beginning of an expansive phase that drives broader market momentum.

Top analyst Axel Adler shared new data underscoring renewed trader confidence. Following record spikes in open interest (OI) — with growth of 79% in spring 2024, 59% in autumn, and 36% in May — the last 30 days have seen a notable shift. OI change has moved from a negative -9% to a positive +5%, signaling that traders are once again building futures positions, albeit with more caution and less leverage than in past phases.

This shift in derivatives positioning comes as macro conditions improve and risk appetite gradually returns to the crypto space. However, bulls will need a catalyst — whether technical or macroeconomic — to breach resistance and sustain a breakout. The coming days could define Bitcoin’s trajectory for the remainder of the quarter.

Bulls Eye Breakout As Bitcoin Nears All-Time Highs

Bitcoin is approaching a critical moment as it flirts with its $112,000 all-time high. With bullish momentum accelerating, many investors believe the market is preparing for a new expansive phase. However, as BTC trades near record levels, the risks of a failed breakout grow. Sentiment remains broadly positive, supported by rising equity markets and a reduction in macroeconomic uncertainty. Yet, analysts warn that unless Bitcoin decisively clears resistance soon, the probability of a correction into lower levels will increase.

The US stock market hitting new all-time highs adds to the optimism, often acting as a tailwind for crypto. Still, a breakout above $112K will require more than technical strength — it needs a catalyst. Axel Adler points to the derivatives market for early signs of conviction. Open interest (OI) growth, which saw record spikes of 79% in spring 2024, 59% in autumn, and 36% in May, has now moved from -9% to +5% over the past 30 days. This shift suggests traders are cautiously re-entering the market, though with less aggressive leverage.

Bears, meanwhile, are expected to defend the ATH zone. For bulls to succeed, a strong narrative — such as presidential support, dovish Fed signals, or macro triggers — may be necessary to awaken risk appetite and send Bitcoin decisively into price discovery.

BTC Price Action: Near Breakout Point

The 12-hour BTC/USDT chart shows Bitcoin attempting a critical breakout above the $109,300 resistance level. After multiple rejections in June and early July, BTC has once again surged, printing a strong candle that now flirts with price discovery just below the $112,000 all-time high. Momentum has shifted in favor of the bulls after a successful defense of the $103,600 support zone, which coincided with a bounce off the 100 and 50-day SMAs, currently converging around the $106,200 level.

This moving average cluster acted as dynamic support, validating short-term bullish strength. Volume also increased slightly during the recent push, a positive signal after weeks of fading conviction. A clean and sustained break above $109,300 would open the path toward retesting ATHs and potentially entering a new expansive phase.

However, traders should be cautious of potential fakeouts. This level has acted as a firm resistance for nearly two months, and a rejection could send BTC back toward the $106,000 support cluster or even the $103,600 level. For now, bulls hold the upper hand, but follow-through above resistance with rising volume will be key to confirm a true breakout and continuation toward new highs.

Featured image from Dall-E, chart from TradingView

XRP’s recent rally to $2.30 has been followed by a cooling-off period, with the price falling back to $2.18 after slipping below the short-lived $2.25 support. Although this pullback might raise concern, it comes on the back of a week-long steady increase that took XRP from $1.93 early last week back to the $2.33 resistance level that has held firm in the past 30 days.

Crypto analyst CasiTrades shared an updated outlook with a chart to show how a test of the consolidation zone between $2.18 and $2.16 could determine whether XRP reclaims its bullish momentum to $3 or enters into a deeper reset.

$2.16–$2.18 Zone Determines XRP’s Direction

According to CasiTrades, who posted her technical analysis on the social media platform X, XRP’s recent retest around $2.16–$2.18 is not yet a breakdown, but it marks a defining moment. After reaching $2.30 resistance, the price wasn’t able to hold the $2.25 support level. Instead, it pulled back to retest. 

Notably, this zone was previously the top of a major consolidation structure, and holding above it would suggest that XRP is a simple backfill structure after a breakout.  This is a very common pattern where a crypto price rejects a key resistance, retests the initial breakout zone, and resumes the trend if momentum holds.

In the analyst’s view, the market needs to respect this range to confirm that XRP is still in breakout mode. The importance of this level is also echoed in the chart shared by the analyst, where a rising wedge intersects with the highlighted horizontal support at $2.1688 around the 0.382 Fibonacci retracement level. 

On the other hand, a failure to hold would shift the outlook drastically from a bullish perspective. As noted by the analyst, if the altcoin fails to hold above $2.16, it could initiate a pullback toward $1.90 and potentially invalidate the bullish setup that has been building over the past week.

RSI Divergence Points To Higher Chance Of Rebound

One of the early encouraging signs for XRP bulls is in the Relative Strength Index (RSI), which has been diverging from price. This is an excellent signal of seller exhaustion, which supports the analyst’s claim that the current move could be more of a cooldown than another crash to $1.90.

CasiTrades believes XRP would be ready for its next extension wave if bulls can defend the $2.16 to $2.18 range and reclaim $2.25. The price targets in view are $2.69 and $3.04, both based on Fibonacci levels. The first resistance level is at $2.3027 around the 0.618 Fibonacci extension. This price level is also a milestone for confirming the strength of the rally before a broader move to $3 and possibly above.

Interestingly, the altcoin’s price action in the past 12 hours has seen it already reclaiming bullish momentum after bouncing off an intraday low of $2.17. At the time of writing, XRP is trading at $2.27, up by 3.7% in the past 24 hours. This shows that buyers are already working to flip the $2.25 price level.

Ethereum price action on the 1-day chart continues to unfold in line with prior expectations, showing steady progress within its established bullish setup. The price remains well-structured with ETH holding above key support and respecting trend dynamics.

Ethereum’s Next Key Targets — Where Price Could Be Headed

Ethereum is facing resistance from a tight cluster of EMAs, which is acting as a ceiling and compressing price action. Crypto Devil highlighted on X that ETH needs to show strength and break above these EMAs to shift short-term momentum back to bull.

The price action has already hit the RSI target and rejected from the initial chart target, indicating a possible exhaustion of momentum, but not a breakdown. ETH is showing signs of a potential spring test, a setup that often signals the final shakeout before a bullish breakout.

The key confirmation signals to watch are: A break above the tight EMAs signals a bullish control trend, reclaiming the $2.600 level, which is a significant resistance and chart target. This would push the RSI above 53, indicating renewed strength and momentum.

Barry | ChartMonkey also noted that the Ethereum weekly chart shows price steadily rising as expected, maintaining a clean bullish structure, and now approaching a critical resistance zone between $2,600 and $2,900. This resistance zone marks a pivotal moment for ETH.

However, a break above $2,900 could ignite a new wave of bullish momentum, potentially setting the stage for a broader breakout toward higher targets. Thus, ETH could be on the verge of a significant upside move.

On the 4-hour chart, Ethereum is gaining momentum, up 7.58% on the day and trading around $2,593. According to Wayne Liang, this surge is due to a combination of strong accumulation patterns, steady ETF inflows, and rising staking activity.

Despite the impressive move, Wayne stated that the short-term outlook remains slightly bearish, with overhead resistance and cooling indicators, the broader trend remains bullish on the long-term trajectory. He refers to the current technical setup as a beautiful blue diamond, a symbolic description for the coiling structure before momentum could explode to the upside.

Ethereum In Bullish Continuation Zone

Whales_Crypto_Trading analyzed that Ethereum is holding above the lower boundary of an ascending triangle formation on the 2-hour chart, a bullish continuation pattern that precedes upward movement. If the pattern plays out, ETH could surge toward the $3,200 target, a move that aligns with technical projections and bullish market sentiment.

The analyst also revealed that Ethereum is testing a key resistance level that has now turned into support. This level is where ETH might determine whether it maintains an upward trend or faces a pullback.  

If this support holds, ETH price could climb toward the $4,000 level in the next few months. This level represents a milestone that aligns with technical targets and growing market enthusiasm.

Something unexpected has crept into the Trump family balance sheet lately. According to Bloomberg, US President Donald Trump’s crypto ventures have added more than $620 million to his fortune in just a few months.

Those digital holdings now make up roughly 9% of his estimated $6 billion net worth as of June. Back in 2021, real estate still accounted for 86% of his wealth—today it’s closer to half.

World Liberty Financial Token Bonanza

Based on reports, the biggest chunk—around $390 million—comes from token sales by World Liberty Financial, the family‑backed firm. They’ve raised $550 million to date through a native token and a stablecoin called USD1.

Trump and his sons picked up much of that in early rounds. The family still holds over 22 billion governance tokens valued at over $2 billion, though most won’t unlock for years. And Trump’s own stake slipped from 60% to 40% in a recent shuffle.

According to Bloomberg, the Trump family’s earnings from projects such as World Liberty Financial and TRUMP Memecoins have estimated that Trump’s wealth has increased by at least $620 million in just a few months. USD1 stablecoins may earn WLFI about $100 million this year.…

— Wu Blockchain (@WuBlockchain) July 2, 2025

Meme Coin Rollercoaster

The President’s personal memecoin, TRUMP, once boasted a $150 million valuation after a “Presidential Dinner” for its top 220 holders. Now it trades at about $8.89, down more than 46% from its peak.

That swing underscores just how wild hype‑driven tokens can be. Some early investors made quick gains. Others are nursing losses.

Mining And Major Deals

The Trump family didn’t stop at tokens. Donald Jr. and Eric each own 20% of American Bitcoin, a Hut 8 subsidiary. In June, that outfit secured $220 million to buy mining gear and Bitcoin. It’s also set to go public via a merger with Gryphon Digital Mining.

Meanwhile, a $2 billion trade by Abu Dhabi’s MGX used WLFI’s token to invest in Binance. Estimates put the family’s cut at as much as $100 million from that deal alone.

Truth Social And Treasury Plans

Real estate and Truth Social still command big slices of Trump’s empire. At its high, Truth Social pushed his net worth past $4 billion. Even after a $401 million loss last year, his stake is worth nearly $2 billion.

Now Trump Media and Technology Group has approval from the US Securities and Exchange Commission for a $2.3 billion Bitcoin‑treasury registration. That covers 85 million shares, including 29  million tied to convertible notes.

On Gains & Ethics

On May 27, TMTG announced plans to raise $2.5 billion to buy Bitcoin, and its CEO called the crypto a core treasury asset. Then on June 16 they filed to launch a Truth Social Bitcoin and Ethereum ETF with a 75/25 split.

But critics say there’s a deeper issue at play. They question the ethics of a sitting US President profiting from volatile crypto markets while his administration oversees regulation.

For some, it’s uncomfortable to see public office and private gain entwined so closely. Concerns are growing that political influence could skew rules in favor of high‑profile insiders, blurring the line between leadership and personal profit.

Featured image from Damien/Adobe Stock; Carl Court/Pool/AFP via Getty Images, chart from TradingView

REX-Osprey’s Solana ETF launched on July 2, with SOL now the third crypto asset to have a spot ETF in the US after Bitcoin and Ethereum. Bloomberg analysts Eric Balchunas and James Seyffart have now suggested that an XRP ETF could be the next to launch. 

XRP ETF Next As Solana ETF Goes Live

In an X post, Bloomberg analyst James Seyffart suggested that an XRP ETF may be next following the launch of a Solana ETF. This is based on Seyffart and his colleague Eric Balchunas’ prediction that the XRP fund has a 95% chance of approval this year. They had also predicted that a SOL ETF had a 95% chance of approval and that this fund has now launched. 

Although not through the conventional structure, REX-Osprey launched the first Solana staking ETF on July 2. This is simply a spot SOL ETF, which will also provide staking rewards to investors. Additionally, the Grayscale Digital Large Cap Fund, which also had a 95% approval odds, has also been approved by the SEC, which puts the XRP ETF in pole position to be next. 

Following the approval order for the conversion of Grayscale’s fund into an ETF, market expert Nate Geraci declared that a spot XRP ETF is up next for the SEC’s approval. He predicts that other altcoin ETFs for Cardano and Litecoin will also get the nod from the commission. However, based on Seyffart and Balchunas’ prediction, a Litecoin ETF is the only one that could come before an XRP ETF. 

The approval odds for a Litecoin ETF also stand at 95%. Furthermore, the final SEC deadline for the LTC ETF is October 2, just days ahead of the XRP ETF’s final deadline, which is October 17. 

Traders Expect XRP ETF Next

Polymarket data shows that traders are expecting an XRP ETF before a Litecoin ETF or any other altcoin ETF. Data from the prediction market shows that there is an 87% chance that the XRP fund gets approved by December 31. On the other hand, there is an 86% chance the SEC will approve an LTC ETF by year-end. 

Other altcoin ETFs have lower odds of approval by year-end. Seyyfart and Balchunas predicted that there is a 90% chance that Cardano, Dogecoin, Hedera, Avalanche, and Polkadot ETFs get approved this year. Polymarket traders say that there is an 83% and 76% that the Commission approves an ADA and DOGE ETF, respectively. 

Meanwhile, Ripple’s decision to drop the cross-appeal against the SEC and potentially end the XRP lawsuit is another reason why experts like Geraci are confident that an XRP ETF will come soon. 

At the time of writing, the XRP price is trading at around $2.26, up over 3% in the last 24 hours, according to data from CoinMarketCap.