Your day-ahead look for July 3, 2025
Your day-ahead look for July 3, 2025
Below is a summarized version of The Block Research’s State of DePIN 2025 report. The full PDF version of this report is accessible here. Decentralized Physical Infrastructure Networks represent a new frontier in blockchain innovation, enabling distributed, user-driven networks for compute, storage, connectivity, sensors, and beyond. Through token incentives and permissionless participation, DePIN challenges traditional […]
Crypto analyst Capo of Crypto, who is currently one of the most recognizeable names in crypto spaces on social media, has sounded a warning for the market. The analyst has completely dismissed the current trajectory of the Bitcoin price and, by extension, the altcoin market, calling for only a short-lived rally. His analysis points to a Bitcoin price crash, but the most impact is expected to be felt by the altcoin market as they tumble further. Bitcoin Price Is Headed Below $100,000 In the post on the social media platform X (formerly Twitter), Capo of Crypto shares a rather bearish thesis that suggests that the current strength in Bitcoin won’t last. He points out that the Bitcoin price hasn’t bottomed yet and that the capitulation event is yet to happen. Related Reading: XRP Roadmap To $8.5: Why The Next Impulse Could Start Soon A capitulation event is a time in the market when prices are falling, triggering panic among investors. This panic leads to further selling as investors become scared that prices will keep crashing, and this leads to deeper losses in the market. An example of a capitulation event is the FTX market crash, when the Bitcoin price fell by more than 60% in a matter of months. The crypto analyst predicts that the Bitcoin price will actually fall further, first below $100,000. Once this psychological level is broken, he sees the price heading for the $92,000 to $93,000 territory. However, he doesn’t expect the crash to end there as capitulation events often lead to deeper losses. He explains that if Bitcoin does fall below the $92,000-$93,000 support, then the market should expect to see prices as low as $60,000-$70,000. Altcoins To Get Decimated With the Bitcoin price expected to crash so hard, the effect on the altcoin market will be even more profound. Over the last few months, 10% dips in the Bitcoin price have translated to around 20-30% dips in altcoin prices. Therefore, a nearly 50% crash in the Bitcoin price would be disastrous for altcoins. Related Reading: Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance Capo of Crypto actually expects altcoins to crash harder, predicting that they will fall another 50-80% if his idea of the market does play out. This could put the altcoin market on a path to new lows not seen in the last five years, and could be the worst bear market in recent history. This is not the first time that Capo has warned the community of an impending crash. Back in May, when the Bitcoin price was hitting new all-time highs, the analyst had warned that the market could reverse its gains. On May 15, he posted a picture of a Black Swan, suggesting that prices could crash. Since then, most altcoins have reversed their gains, with only Bitcoin managing to maintain most of its gains from that time period. Featured image from Dall.E, chart from TradingView.com
Stablecoins captured three-quarters of institutional crypto OTC volume in the first half of 2025 as interest surges.
Cardano has attracted significant attention since the start of the month, with prices surging nearly 9% in the past 24 hours. This surge is backed by robust technical signals and organic community traction, positioning ADA as a top contender among all the altcoins. As the crypto market braces for the next wave, Cardano’s momentum across …
The Open Platform plans to use its financing to expand geographically, which entails launching portfolio companies in the U.S., EU, and other areas.
Two of China’s biggest tech firms, JD.com and Alibaba’s Ant Group, are urging the country’s central bank to allow a yuan-based stablecoin to launch in Hong Kong, sources told Reuters. The goal? Push back against the rising dominance of U.S. dollar stablecoins like USDT and bring the Chinese yuan into the digital payments race. Things …
Popular web browsers Google Chrome and Mozilla Firefox are facing serious security threats. While Chrome is being targeted through a dangerous zero-day vulnerability, Firefox users are under attack from a slew of harmful browser extensions. On July 1, cybersecurity experts uncovered a malicious campaign involving 45 fake Firefox extensions designed to steal cryptocurrency wallet details …
Adecoagro said it "plans to use this mining project to initiate certain strategic exposure to Bitcoin in its balance sheet."
Secretary of Power Dr. Fakhray Alam Irfan said that the IMF was concerned about market distortions
Secretary of Power Dr. Fakhray Alam Irfan said that the IMF was concerned about market distortions
The crypto market is witnessing another green day as Bitcoin, Ethereum, and XRP post solid intraday gains. As of July 3, 2025, the global crypto market cap has surged to $3.38 trillion, while 24-hour trading volume jumped 32.15% to $130.34 billion. The Fear & Greed Index reads 54, signaling a neutral market mood, but one …
With U.S. policy finally unlocking growth, Santori sees now as the moment to invest in the convergence of the two worlds.
Cardano News Today – ADA Price ended June 2025 with a steep 16% drop, closing just above $0.50, despite key network upgrades. Even with the launch of the cbETH cross-chain bridge and Coinbase Base Layer-2 integration, Cardano failed to gain bullish momentum. More than $182 million exited ADA markets in June. On-chain data reveals only …
Strategy, the biggest corporate holder of bitcoin led by Michael Saylor, is now facing a class action lawsuit that has been filed against the firm by Top New York-based law firm Pomerantz LLP., case accuses the company of hiding important facts and misleading investors about the profits and risks of its Bitcoin strategy. What The …
Solana’s institutional appeal has surged, with data showing significant growth in both its staking Exchange-Traded Fund (ETF) and Solana CME futures markets. The impressive performance translated into a 5% rise in SOL’s value in the last 24 hours to $155 as of press time, according to CryptoSlate’s data. The REX-Osprey Solana Staking ETF, known as […]
The post Solana’s first staking ETF outpaces XRP and ETH futures in opening day performance appeared first on CryptoSlate.
USDC transactions on BitPay accounted for almost double that of USDT in 2024, but the trend has shifted in favor of Tether this year.
BTC's upswing brought cheer to the broader market, lifting major tokens such as XRP, ETH, SOL and ADA.
BTC's upswing brought cheer to the broader market, lifting major tokens such as XRP, ETH, SOL and ADA.
Federal prosecutors traced and seized $40,000 in crypto from scammers posing as Trump-Vance Inaugural Committee officials.
Ethereum (ETH) has recently experienced a significant resurgence, reaching a three-week high of $2,600 after a notable spike on Wednesday. This uptick comes at a time when a key company is considering ETH as a potential treasury reserve asset, underscoring renewed interest in the cryptocurrency. Forecasting $7,000 Potential Despite being one of the poorer performers among the top ten cryptocurrencies, with a year-to-date decline of 24%, Ethereum’s recent 6% surge has allowed it to outpace competitors, including Bitcoin (BTC), which is close to its all-time high. Crypto analyst Alek Carter has also expressed a bullish outlook on Ethereum (ETH), drawing parallels between the current price patterns and those observed in 2020. Related Reading: Public Firms Snag 131,000 BTC, Surpassing ETFs In Bitcoin Purchases He describes the recent movements in ETH’s chart as reminiscent of the “dead cat bounce” phenomenon—a term used to describe a temporary recovery in price after a significant decline—followed by a final retest before a substantial upward trend. Carter points out that Ethereum underwent a similar trajectory in 2020, where it initially experienced a dip before rebounding sharply to reach a peak of over $3,500. He believes that the recent completion of what he terms the “final retest” suggests that Ethereum is poised for another significant rally. If the current setup mirrors the previous cycle, Carter anticipates that ETH could potentially reach a new high of $7,000. Bullish Sentiment For Ethereum The bullish sentiment surrounding ETH is further reflected in the performance of stocks associated with the cryptocurrency. BitMine, a Bitcoin mining company that recently announced plans to make ETH its primary treasury reserve, saw its stock soar by about 20%, with an increase of over 1,000% since the announcement. Similarly, SharpLink Gaming, which has adopted an ETH treasury strategy, experienced an 11% rise, while Bit Digital, which shifted its focus from Bitcoin mining to Ethereum treasury and staking, gained more than 6%. Moreover, the recent interest in ETH is evident in the performance of Ethereum ETFs, which saw inflows of $40 million on Tuesday, led by BlackRock’s iShares Ethereum Trust. A Experts also highlight that ETH’s smart contract capabilities have established it as a leading platform for the tokenization of traditional assets, including US dollar-pegged stablecoins. The ‘Backbone’ Of Stablecoins? Fundstrat’s Tom Lee characterized Ethereum as “the backbone and architecture” of stablecoins, given that issuers like Tether (USDT) and Circle’s USD Coin (USDC) operate on its network. Additionally, BlackRock’s tokenized money market fund, known as BUIDL, launched on Ethereum last year. Tokenization itself represents a transformative process, allowing digital representations of publicly traded securities and real-world assets to be issued on blockchain networks. While holders of tokenized assets do not possess outright ownership, the mechanism opens up new avenues for investment and asset management. Related Reading: Michael Saylor’s Strategy Set To Yield $14 Billion Profit In Q2, Bloomberg The latest wave of interest in Ethereum and related assets follows Robinhood’s announcement to enable trading of tokenized US stocks and ETFs across Europe. This development comes on the heels of a growing interest in stablecoins, spurred by Circle’s IPO and the Senate’s passage of the GENIUS Act, a proposed stablecoin bill that aims to provide a new framework for these assets to integrate in the broader financial landscape. Featured image from DALL-E, chart from TradingView.com
XRP is back in focus as talks about the approval of an XRP Spot ETF pick up speed. In a recent interview with Thinking Crypto, Bitwise CIO Matt Hougan spoke about the upcoming decisions for XRP and Solana ETFs. He mentioned that the approvals could happen soon, possibly as early as July, with official deadlines …
Crypto fans, are you taking note? Solana just made a bold entry into the U.S. ETF market! The first-ever Solana staking ETF launched by REX Shares under the ticker SSK recorded over $33 million in trading volume on its first day, with $12 million in inflows. That’s more than what we saw with the XRP …
Ethereum (ETH), the second-largest crypto and the backbone of the DeFi ecosystem, is currently trading around $2,599, marking a modest 6.09% rise over the past 24 hours. The latest dip caught the attention of traders and analysts alike, especially as Ethereum recently broke out of a prolonged consolidation range. With renewed interest from institutional players, …
Ethereum (ETH) is showing signs of a potential breakout after a volatile performance over the past year. After plunging 22.7% year-over-year and a steep 45.3% in Q1 2025, Ethereum bounced back with a 36.5% surge in Q2, driven mainly by a strong May return of 41.1%. Now, as Q3 kicks off, ETH is gaining momentum …
The DOJ alleges that scammers posed as the Trump-Vance Inaugural Committee to defraud a donor of a total $250,300 in cryptocurrency.
Pi Coin price is currently trading at $0.49, up 1.8% in the last 24 hours. It has lost 14% in the past week. The next 30 days are pivotal for Pi Network, as a substantial token unlock looms. With market sentiment already fragile after a recent dip, this could either intensify selling pressure or test …
In his latest blog post titled “Quid Pro Stablecoin,” Arthur Hayes delivers a sharp analysis of the current macroeconomic landscape and how it may affect the crypto market. He warns that crypto prices could move sideways—or slightly lower—between now and the Jackson Hole economic symposium in August. Why Hayes Expects a Bitcoin Price Dip Hayes …
Bitcoin price is now trading at $109,236, a level it hasn’t touched in nearly a month. But this isn’t just any price rally. According to top crypto trader Michael van de Poppe, Bitcoin is showing strong momentum that could soon push it past its previous all-time high of $111,970. If this rally holds, a new …