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Cryptocurrency News
TronWeekly
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Cloud mining giant “FansHash” officially launched a newly upgraded cloud computing power contract today, leading a new era of cloud computing power.
- FansHash, a cloud mining service platform, launched a new upgraded cloud mining contract, showcasing industry leadership and innovation.
- The upgraded contract aims to enhance efficiency, promote green energy mining, and offer intelligent monitoring for users' convenience.
- FansHash is known for its technical strength, global presence, and commitment to innovation in the cloud mining industry.
- Registration benefits are available for users to join and benefit from high-value mining machine trials, rewards, fee discounts, and customer service.
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Crypto-News-Flash
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87
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Bitcoin Set for All-Time High of $135K in Q3, According to Standard Chartered
- Bitcoin is predicted to reach $135,000 by the end of September by Standard Chartered, attributing this to increased institutional activity and inflows into exchange-traded funds.
- The bank's head of digital asset research, Geoff Kendrick, believes that Bitcoin's price trajectory has moved away from past halving cycle patterns, thanks to strong ETF inflows and corporate treasury purchases.
- Standard Chartered anticipates Bitcoin to hit $200,000 by the end of 2025 and aims for a long-term target of $500,000 by 2028, driven by corporate treasury demand and strong ETF inflows.
- Although short-term volatility may persist, with potential price fluctuations in late Q3 and early Q4, Kendrick remains optimistic about Bitcoin's performance and expects it to exceed $200,000 by the end of the year.
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Crypto-News-Flash
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XRP Joins Injective to Unlock New DeFi Cross-Chain Options
- Injective integrates XRPL EVM, allowing XRP to interact with EVM and Cosmos-based DeFi seamlessly.
- Developers can now build DeFi apps using XRP within Injective’s cross-chain infrastructure.
- XRP unlocks new use cases through Injective ecosystem for dApps like decentralized exchanges and lending protocols.
- Injective expands its ecosystem with features like mobile trading, BitGo as a validator, and tokenized EUR and GBP pairs.
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Newsbtc
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Bitcoin Short-Term Upper Bound Is $117,000, Glassnode Says
- Glassnode has identified that Bitcoin is currently trading within a short-term band with an upper limit of $117,000.
- The short-term price band is based on two levels relevant to short-term holders (STHs) who purchased Bitcoin within the past 155 days.
- The Realized Price indicator tracks the average cost basis of BTC addresses belonging to STHs, indicating whether they are in a state of net unrealized profit or loss.
- Bitcoin is currently trading above the Realized Price metric, with the upper bound of the short-term price action at around $117,000.
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Crypto-News-Flash
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145
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BTC Research Reveals $140K Is the New Profit Benchmark for Bitcoin Holders
- Bitcoin long-term holders (LTHs) may need to wait for the price to reach $140,000 to recapture peak profit margins seen in previous bull cycles.
- The current average realized profit of LTHs stands at around 220%, lower than the 300–350% levels observed in March and December 2024.
- Selling pressure from long-term holders, who have not sold for six months or more, has impacted profit-taking despite BTC trading above $107,000.
- Rekt Capital highlights an ongoing breakout attempt for Bitcoin and optimism remains high, with Bernstein analysts forecasting a price target of $135,000 by Q3 2025.
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Bitcoinist
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Image Credit: Bitcoinist
Bitcoin Flashes Rare Signal That Could Trigger Drop Below $40,000, Analyst Warns
- Bitcoin has flashed a rare Tom Demark (TD) Sequential sell-signal on the quarterly chart, indicating a potential significant price pullback.
- This signal has historically preceded major drawdowns, prompting warnings that Bitcoin could drop as low as $40,000, a 64% decrease from current levels.
- While some analysts remain bearish, predicting a potential drop, others are optimistic about Bitcoin's future, suggesting a new all-time high is on the horizon.
- Analysts have pointed out bullish technical setups and patterns, with projections of BTC reaching $130,000 if it decisively breaks above $110,000.
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TheNewsCrypto
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5 Explosive Cryptos Under $0.01 That Could Deliver 100x
- The article highlights the potential of five cryptos under $0.01 that could deliver significant returns.
- Little Pepe ($LILPEPE) stands out for its meme culture fusion with actual blockchain utility, offering features like zero tax on trading, staking rewards, and DAO voting.
- The $LILPEPE presale has raised over $3.41 million, with strong community participation and stages pricing ranging from $0.001 to $0.0014.
- Other mentioned cryptos include Shiba Inu, Bonk, Floki, and Notcoin, each with unique features aiming for significant growth and utility.
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Coinpedia
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Image Credit: Coinpedia
John Deaton Says Ripple, Coinbase Will Replace Big Banks
- Younger generations, particularly Gen Z and Millennials, are increasingly turning away from traditional banks towards crypto platforms like Coinbase and Ripple for better financial opportunities, higher returns, tokenized stocks, and access to Web3 tools.
- John E Deaton predicts that companies such as Coinbase, Kraken, Ripple, and Robinhood will replace traditional banks by offering a wide range of financial services, including loans like mortgages, construction loans, and car loans.
- Deaton highlights the potential Ripple-Uphold deal, suggesting that Uphold could become a significant player in the new financial system if Ripple acquires it, potentially expanding Ripple's reach in digital payments and financial tools.
- The shift away from traditional banks is attributed to the demand for faster services, higher returns, and greater control over finances in the era of DeFi, prompting younger individuals to embrace crypto platforms over big banks.
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TheCryptoBasic
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Here’s How High XRP Can Reach if Ripple Gets a Banking License
- Ripple is seeking a banking license, aiming to raise trust in stablecoins and digital assets.
- If approved, Ripple would be subject to state and federal supervision and gain direct access to the Federal Reserve for its RLUSD stablecoin.
- Analysts suggest potential impacts on XRP price if Ripple captures SWIFT's market share or tokens assets, projecting a price range between $10.91 to $21.80 per XRP.
- ChatGPT models predict XRP's valuation could reach $16.36 based on network activity and market share in the context of institutional utility and tokenization trends.
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Crypto-News-Flash
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299
Image Credit: Crypto-News-Flash
US Dollar Decline Deepens in 2025—Bitcoin (BTC) Eyes $140,000 as Safe-Haven Demand Rises
- The US dollar has declined by almost 11% in 2025, reaching lows not recorded in decades, amid investor concerns over Trump's economic actions.
- The weakening dollar is attributed to sudden shifts in tariff and trade policies, as well as the controversial Senate tax bill favoring high-income earners.
- Bitcoin has emerged as a hedge asset, with increased buying demand fueled by institutional participation and the asset's appeal amid macroeconomic uncertainty.
- Market analysis suggests Bitcoin could break out to reach $140,000 in the near term, with a broader year-end target of $200,000, as Fed rate cut expectations and shifts in traditional currency flows drive demand.
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Crypto-News-Flash
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Ethereum Devs Back ‘Tokenless’ Projects with Burn-Centric Funding to Preserve ETH Scarcity
- The Ethereum Community Foundation (ECF) led by developer Zak Cole aims to support projects on Ethereum without introducing new tokens.
- The ECF has raised millions in ETH to fund initiatives focused on enhancing Ethereum's value and ecosystem in a sustainable manner.
- Projects funded by the ECF must contribute to burning ETH and reinforce Ethereum's deflationary model introduced in EIP-1559.
- The ECF also prioritizes funding technical projects, engages with governance through coin voting, and aims to position Ethereum as a reliable infrastructure layer.
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Coinpedia
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413
Image Credit: Coinpedia
Pi Network Price Turns Green as Millions of Coins Exit OKX
- Pi Network Price is up by 2% today, attempting to break above the $0.50 level after a downtrend since May peak at $1.65.
- A significant transaction saw 2.8 million Pi coins bought and withdrawn from OKX, with a total of 12 million Pi coins bought and withdrawn from the exchange in the last three days.
- Centralized exchanges currently hold around 356 million Pi coins, with OKX holding 19.7 million.
- July could bring volatility for Pi Coin as a large token unlock releasing 318 million Pi into the market is scheduled. Price movement hinges on breaking key levels including $0.47 and $0.50.
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TronWeekly
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Image Credit: TronWeekly
Crypto’s $3 Billion Token Unlocks: Will Market Survive the Surge?
- Crypto market anticipates $3.08B in token unlocks in July, with large-cap tokens heavily impacted.
- $TRUMP leads July unlocks with $629.8 million, facing resistance at $8.70 and struggles to maintain gains.
- Solana, SUI, and Worldcoin unlock $642M, but liquidity concerns could cause market volatility in July.
- The market expects a massive influx of tokens in July, with implications on supply and demand, particularly for large-cap tokens.
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TheNewsCrypto
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Is There More Upside Ahead for SUI After the 9% Rally?
- SUI traded at $2.95 after a 9% jump, following a surge in the crypto market.
- The market cap for cryptocurrencies was at $3.36 trillion after a 2.75% spike, with leading assets like Bitcoin and Ethereum hitting recent highs.
- SUI's technical analysis shows potential for further upside, with resistance around $2.94 and possible targets above $3.
- With bullish momentum, SUI's price may face support around $2.83 and could drop below $2.77 if bearish pressure increases.
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Bitcoinist
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Image Credit: Bitcoinist
Arizona Governor Vetoes Revived Bitcoin Reserve Bill For Seized Assets
- Arizona Governor Katie Hobbs has vetoed a bill that would have created a Bitcoin Reserve from seized digital assets.
- The bill aimed to update forfeiture laws to include digital assets and establish a fund for managing cryptocurrencies obtained through criminal asset forfeiture.
- Governor Hobbs vetoed this and two other pro-crypto bills, citing concerns about the volatility of crypto assets.
- Connecticut has also banned the establishment of a Bitcoin Reserve with a recent bill signed into law by Governor Ned Lamont.
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