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Cryptocurrency News
Kraken
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Image Credit: Kraken
USDC deposits and withdrawals now available on Sonic!
- Kraken now supports deposits and withdrawals of USD Coin (USDC) on Sonic.
- USDC funding via Sonic is already live, and users can transfer USDC to Kraken accounts through specified deposit methods.
- Kraken provides information about USDC and Sonic, highlighting USDC's role as a stablecoin and Sonic's characteristics as a high-speed, EVM-compatible blockchain.
- Kraken hints at adding more assets in the future but maintains a policy of not revealing details until shortly before launch.
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Bravenewcoin
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Image Credit: Bravenewcoin
Embattled Bitcoin Miner Hut 8 Scores Win Amid Shareholder Lawsuit Battle
- Hut 8 secures capacity contracts from IESO for its natural gas-fired power plants in Ontario, covering 310 megawatts across four facilities.
- The company will receive around CAD $530 per megawatt per business day in the first year with potential inflation adjustments for stable long-term revenue.
- Hut 8 reports mixed financial performance, with notable revenue and net income figures for 2024, but a loss in the first quarter of 2025. The stock price also reflects industry volatility.
- Hut 8 faces legal challenges, including class-action lawsuits related to alleged misleading statements regarding its merger with US Bitcoin Corp. Despite this, the company gains exposure to a government-backed counterparty through its recent deal.
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Coinpedia
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Image Credit: Coinpedia
Expert Shares Pi Network’s $10 Price Target, But How Long Will It Take?
- Crypto expert Dr. Altcoin predicts Pi Network could reach $10 once AI App Studio builds advanced applications and the price stabilizes around that range.
- He mentions it may take 1-2 years for the AI App Studio to reach this stage.
- Pi Network faces challenges like inflationary pressure, but recent integrations with fiat-to-crypto platforms could boost real-world demand.
- Technical indicators suggest a possible price recovery for Pi Network, with analysts seeing potential for a 20% gain towards $0.60 in the near future.
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Blockonomi
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Image Credit: Blockonomi
Cardano Eyes Breakout as ADA Approaches Key $0.67 Resistance
- ADA price nears $0.67 resistance after weeks of forming higher lows.
- A daily close above $0.67 could push ADA toward $0.83–$0.91.
- Analysts highlight long-term accumulation and smart money activity.
- ADA’s price pattern shows a breakout from a descending channel may be close.
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Coinpedia
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Image Credit: Coinpedia
Fear Index Is High – Smart Money Is Going To Pre-TGE Tokens On Unich
- The Fear & Greed Index in the crypto market is currently indicating 'Extreme Fear,' prompting smart investors to turn to pre-TGE tokens like those offered on Unich for high-upside, low-risk opportunities.
- Pre-TGE tokens have the potential for significant returns with minimal risk, as seen with examples like Jupiter on Solana's DEX. Data shows a shift towards pre-TGE OTC trading, with Unich's transparent, smart contract-based platform attracting smart money flows.
- Since its mainnet launch, Unich has processed over $1.1 billion in trading volume with zero reported cases of lost funds or fraud. The platform's native token, $UN, plays a central role and has shown a significant price increase shortly after launch on Unich's Pre-Market.
- $UN is available for trading before its TGE, offering users benefits like reduced trading fees and priority access. Unich provides a secure environment for investors seeking controlled risk and asymmetric rewards in the crypto market.
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Bitcoinist
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Image Credit: Bitcoinist
The House Passes Trump’s Big Beautiful Bill, Sparking a July 4 Bitcoin Rally
- The US Congress approved Trump’s Big Beautiful Bill, impacting various sectors positively.
- The bill potentially fuels a Bitcoin rally due to changes benefiting the crypto market.
- It also brings some negative effects like cuts in Medicaid and food stamps.
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24 Likes
Tokenhell
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Image Credit: Tokenhell
Bitcoin Mining Stocks Soar Following Strong US Jobs Data
- Bitcoin mining stocks surge after strong US jobs data with BTC treasury plans in Asia.
- Two 14-year-old Bitcoin wallets move $2.18B in BTC, sparking intrigue in the crypto world.
- Stocks of mining firms like Riot Platforms and Bitfarms rise significantly on positive news.
- Bitcoin price remains steady above $100,000, showing resilience amidst market fluctuations.
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99Bitcoins
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Tether Eyes South America’s Surplus Power for Green Bitcoin Mining
- Tether partners with Adecoagro in a new green Bitcoin mining operation that will be powered solely by renewable energy in Brazil.
- This initiative aims to transform clean energy into digital gold and reshape how the world views crypto sustainability and energy use.
- The partnership with Adecoagro will monetize surplus electricity, promote grid stability, and support decentralized energy models.
- Tether's proprietary Tether Mining OS will manage the mining hardware, aiming to open-source the software and pave the way for more sustainable mining collaborations globally.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
IOTA Recognized in Chinese City Official Report as Only Crypto for Public Projects
- IOTA has been recognized as the only cryptocurrency named in an official Chinese government document issued by the city of Kashgar, suggesting their interest in using it for public projects.
- The document from Kashgar highlights technology priorities for 2025, such as AI, IoT, and blockchain, indicating a potential role for IOTA in building smart tourism infrastructure due to its energy-efficient protocol.
- IOTA has demonstrated real-world use cases, including participating in the creation of a global standard for Digital Product Passports, and launching an open-source Notarization Toolkit for various industries.
- Despite recent market performance showing fluctuations in price and trading volume, IOTA has reached a milestone of 100,000,000 transaction blocks on their Mainnet, with strong community engagement and active network usage.
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Blockonomi
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Image Credit: Blockonomi
MAGACOIN FINANCE – Security & Audit Review – Transparency, Team KYC, and Buyer Protection
- MAGACOIN FINANCE focuses on security, transparency, and buyer protection in the crypto space.
- The project has undergone a smart contract audit by HashEx, ensuring no critical vulnerabilities were found.
- It implements a zero-tax model and anti-extraction design for a cleaner trading experience and reduced attack surface.
- MAGACOIN FINANCE emphasizes community-first governance, team transparency, and ideological alignment, setting itself apart in the crypto market.
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22 Likes
Bitcoinist
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Image Credit: Bitcoinist
Bitcoin Pattern Breaks: Price Near ATH, But HODLers Still Not Selling
- HODLing behavior remains dominant among Bitcoin investors despite the price nearing the all-time high (ATH).
- Glassnode's weekly report highlights the growth in Long-Term Holder Supply, indicating a strong HODLing sentiment in the market.
- The Long-Term Holder Supply has reached a new ATH of 14.7 million BTC, showing that accumulation and maturation flows outweigh distribution pressures.
- The Liveliness indicator also reflects a shift towards HODLing behavior, suggesting a potential need for a price expansion to stimulate renewed spending activity.
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TronWeekly
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Image Credit: TronWeekly
VeChain Poised for Explosive Breakout; Could VET Surge Over $0.030 Soon?
- VeChain (VET) is showing signs of recovery, trading near $0.02190 after a prolonged bearish period.
- The token is holding a key support level that historically led to significant upward moves.
- Lower trading volume during consolidation suggests sellers may be weakening before a potential breakout.
- A breakout above $0.023 resistance could trigger a rapid rally toward $0.030 and potentially higher.
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Coin Telegraph
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Image Credit: Coin Telegraph
Bitcoin price can hit $150K in weeks thanks to Trump’s ‘Big Beautiful Bill’
- Bitcoin could see a 40% increase after US President Trump signs his “Big Beautiful Bill,” potentially pushing the price over $150,000.
- The increased US national debt from the bill could fuel Bitcoin's rise, as historical trends show a positive correlation between US borrowing and Bitcoin's performance.
- Bitcoin responded positively in the past to increased US debt, with a 38% price surge following Trump's signing of a COVID-19 spending bill in 2020.
- Global liquidity trends and the expanding global M2 money supply are also factors contributing to bullish Bitcoin price expectations.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Spot Solana Staking ETF Scores Big on Day 1, Overshadows XRP Futures ETF
- Solana's staking-enabled ETF launch (SSK) on Cboe signals growing institutional demand and regulatory momentum, overshadowing XRP futures ETF.
- SSK ETF by REX-Osprey made history as the first U.S. staking-enabled crypto ETF, surpassing day-one figures of Solana and XRP futures ETFs in volume and inflows.
- The performance of SSK ETF positions it as a standout compared to XRP Futures ETF, indicating a shift in investor interest towards Solana-based financial products.
- The success of SSK ETF hints at the future of Solana-focused investment products and analysts are optimistic about Solana's dominance over XRP with a high probability of regulatory approval in 2025.
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18 Likes
TheNewsCrypto
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Top EVM Layer 2 Meme Coin—Little Pepe Stands Out With Tech & Speed
- Little Pepe, an Ethereum-compatible meme coin, stands out in the meme coin space with its smart Layer 2 design that enhances speed, reduces costs, and offers real-world utility.
- The project's presale has been successful, raising over $3 million with a community that shows confidence and engagement, supporting initiatives like staking, NFTs, cross-chain compatibility, and DAO voting.
- Little Pepe distinguishes itself with features like low entry price, transparent roadmap, sniper bot protection, zero tax on trading, and an active community, setting it apart from other EVM meme coins.
- With plans for real-world DeFi tools, active staking systems, NFT integrations, on-chain loyalty programs, and a meme launchpad, Little Pepe aims to be a meme coin that offers both humor and utility in the crypto market.
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