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Crypto News
LetsBONK dethrones Pump.fun with higher daily memecoin volume, token launches
The Block, 38 minutes ago
LetsBONK became the first Solana memecoin launchpad to dethrone Pump.fun since the latter platform launched in January, 2024.
LetsBONK became the first Solana memecoin launchpad to dethrone Pump.fun since the latter platform launched in January, 2024.
Is Silver Set to Explode? Predictions Target $50 Price Tag by Year’s End
Bitcoin.com, about 1 hour ago
While gold has glittered in 2025, a growing number of prediction sites and financial analysts believe silver might steal the spotlight, with projections hinting at a climb past $50 per ounce by year’s end—driven by industrial appetite and economic jitters. Silver Bulls Roar: $50 Target in Sight as 2025 Precious Metal Trends Heat Up Silver […]
While gold has glittered in 2025, a growing number of prediction sites and financial analysts believe silver might steal the spotlight, with projections hinting at a climb past $50 per ounce by year’s end—driven by industrial appetite and economic jitters. Silver Bulls Roar: $50 Target in Sight as 2025 Precious Metal Trends Heat Up Silver […]
‘Is this real?’ CZ questions TON’s UAE Golden Visa as gov’t sources stay silent
Cointelegraph, about 1 hour ago
Changpeng Zhao is skeptical of the new offer promising a UAE Golden Visa to TON stakers.
Changpeng Zhao is skeptical of the new offer promising a UAE Golden Visa to TON stakers.
Ethereum Reserves On Binance Hits 2023 Level — What Happened Last Time?
Bitcoinist, about 2 hours ago
After a dismal outing in the first quarter of 2025, the price of Ethereum put up a strong resurgent performance in the subsequent three months. While its price has somewhat slowed in recent weeks, the acclaimed “king of altcoins” is in a much better position than it was three months ago. However, Ethereum’s recently found […]
After a dismal outing in the first quarter of 2025, the price of Ethereum put up a strong resurgent performance in the subsequent three months. While its price has somewhat slowed in recent weeks, the acclaimed “king of altcoins” is in a much better position than it was three months ago. However, Ethereum’s recently found […]
3 Token Unlocks for the Second Week of July
BeInCrypto, about 2 hours ago
As we enter the second week of July, the crypto market braces for a wave of token unlocks. This week, three major ecosystems, Cheelee (CHEEL), Immutable X (IMX), and Aptos (APT), are set to unleash significant new token supply. Here is a breakdown of what to watch for each project. 1. Aptos (APT) Unlock Date: July 12 Number of Tokens to be Unlocked: 11.31 million APT (0.98% of Total Supply) Current Circulating Supply: 644.5 million APT Total supply: 1.15 billion APT Aptos is a layer-1 blockchain that uses the Move programming language by Facebook (Meta). The primary objective of Aptos is to provide users with higher scalability, security, usability, and reliability. On July 12, the network will release 11.31 million APT into the crypto market. The tokens are worth $50 million and represent 1.75% of the current circulating supply. Aptos will award the majority of these tokens to the community and allocate about 10% of the unlocked tokens to staking rewards. APT Token Unlock. Source: Cryptorank 2. Immutable (IMX) Unlock Date: July 11 Number of Tokens to be Unlocked: 124.52 million IMX (1.23% of Total Supply) Current Circulating Supply: 1.8 billion IMX Total supply: 2 billion IMX Immutable X is Ethereum’s Layer-2 scaling solution designed specifically for NFTs, leveraging zero-knowledge rollups.It enables gas-free NFT minting and trading, offering instant trade finality and high throughput of over 9,000 transactions per second. Immutable will unlock 124 million IMX tokens on July 11, worth over $10 million. This represents 1.31% of Immutable’s total market cap. The project will allocate the majority of the unlocked tokens for ecosystem development. About 5% of the unlocked tokens allotted for public sale as well. Immutable Token Unlock Allocation. Source: Cryptorank 3. Cheelee (CHEEL) Unlock Date: July 10 Number of Tokens to be Unlocked: 2.67 million CHEEL (0.27% of Total Supply) Total supply: 1 billion CHEEL Cheelee is a social media platform that rewards users and creators for watching and producing content. It also features an NFT ecosystem, allowing users to buy, sell, upgrade, mint, stake, and collect NFT Glasses. The platform uses its native token, CHEEL, for governance, NFT upgrades, and in-app transactions. Cheelee will unlock 2.67 million CHEEL tokens on July 10, with a total value of approximately $13.4 million. The platform will assign most of the unlocked tokens as Cheelee rewards. CHEEL Token Unlock. Source: Cryptorank Other prominent token unlocks that investors can look out for this week include Delysium (AGI), Moca (MOCA), and Xave (XAV).
As we enter the second week of July, the crypto market braces for a wave of token unlocks. This week, three major ecosystems, Cheelee (CHEEL), Immutable X (IMX), and Aptos (APT), are set to unleash significant new token supply. Here is a breakdown of what to watch for each project. 1. Aptos (APT) Unlock Date: July 12 Number of Tokens to be Unlocked: 11.31 million APT (0.98% of Total Supply) Current Circulating Supply: 644.5 million APT Total supply: 1.15 billion APT Aptos is a layer-1 blockchain that uses the Move programming language by Facebook (Meta). The primary objective of Aptos is to provide users with higher scalability, security, usability, and reliability. On July 12, the network will release 11.31 million APT into the crypto market. The tokens are worth $50 million and represent 1.75% of the current circulating supply. Aptos will award the majority of these tokens to the community and allocate about 10% of the unlocked tokens to staking rewards. APT Token Unlock. Source: Cryptorank 2. Immutable (IMX) Unlock Date: July 11 Number of Tokens to be Unlocked: 124.52 million IMX (1.23% of Total Supply) Current Circulating Supply: 1.8 billion IMX Total supply: 2 billion IMX Immutable X is Ethereum’s Layer-2 scaling solution designed specifically for NFTs, leveraging zero-knowledge rollups.It enables gas-free NFT minting and trading, offering instant trade finality and high throughput of over 9,000 transactions per second. Immutable will unlock 124 million IMX tokens on July 11, worth over $10 million. This represents 1.31% of Immutable’s total market cap. The project will allocate the majority of the unlocked tokens for ecosystem development. About 5% of the unlocked tokens allotted for public sale as well. Immutable Token Unlock Allocation. Source: Cryptorank 3. Cheelee (CHEEL) Unlock Date: July 10 Number of Tokens to be Unlocked: 2.67 million CHEEL (0.27% of Total Supply) Total supply: 1 billion CHEEL Cheelee is a social media platform that rewards users and creators for watching and producing content. It also features an NFT ecosystem, allowing users to buy, sell, upgrade, mint, stake, and collect NFT Glasses. The platform uses its native token, CHEEL, for governance, NFT upgrades, and in-app transactions. Cheelee will unlock 2.67 million CHEEL tokens on July 10, with a total value of approximately $13.4 million. The platform will assign most of the unlocked tokens as Cheelee rewards. CHEEL Token Unlock. Source: Cryptorank Other prominent token unlocks that investors can look out for this week include Delysium (AGI), Moca (MOCA), and Xave (XAV).
VC Roundup: DeFi, AI, hybrid exchanges showcase resilient month for crypto
Cointelegraph, about 3 hours ago
Rails, Yupp, Beam, Frachtis, Interface Labs, Gradient Network, Story, Blueprint Finance and Units Network headline the latest VC Roundup.
Rails, Yupp, Beam, Frachtis, Interface Labs, Gradient Network, Story, Blueprint Finance and Units Network headline the latest VC Roundup.
Bullish Bitcoin Bets Soar on Prediction Markets, $150K in Sight
Bitcoin.com, about 3 hours ago
Traders on leading prediction markets are placing increasingly bullish bets that bitcoin ( BTC) will achieve record highs by the end of 2025, with overwhelming odds favoring a surge past $120,000. Prediction Markets Signal Confidence in Bitcoin Price Surge to $125K+ Prediction markets let traders buy and sell contracts tied to the outcome of real-world […]
Traders on leading prediction markets are placing increasingly bullish bets that bitcoin ( BTC) will achieve record highs by the end of 2025, with overwhelming odds favoring a surge past $120,000. Prediction Markets Signal Confidence in Bitcoin Price Surge to $125K+ Prediction markets let traders buy and sell contracts tied to the outcome of real-world […]
TON Foundation offers path to 10-year UAE ‘Golden Visa’ for $100k in staked TON, $35k fee
The Block, about 3 hours ago
The founder of Peravel, the program's partner, told The Block applicants do not have to qualify by meeting typical Golden Visa requirements.
The founder of Peravel, the program's partner, told The Block applicants do not have to qualify by meeting typical Golden Visa requirements.
Cardano Blazes Past 111 Million Transactions in Major Blockchain Milestone
Cointribune, about 4 hours ago
Cardano has made headlines within crypto chatrooms after officially surpassing 111 million in total transactions on its blockchain network. This impressive milestone, alongside other notable ecosystem growth, underscores the network’s growing user base and strong platform fundamentals. Even more, it reinforces the Layer-1 network’s ability to offer utility-based solutions to everyday users in the decentralized space. L’article Cardano Blazes Past 111 Million Transactions in Major Blockchain Milestone est apparu en premier sur Cointribune.
Cardano has made headlines within crypto chatrooms after officially surpassing 111 million in total transactions on its blockchain network. This impressive milestone, alongside other notable ecosystem growth, underscores the network’s growing user base and strong platform fundamentals. Even more, it reinforces the Layer-1 network’s ability to offer utility-based solutions to everyday users in the decentralized space. L’article Cardano Blazes Past 111 Million Transactions in Major Blockchain Milestone est apparu en premier sur Cointribune.
Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An All-Time High?
NewsBTC, about 4 hours ago
The price of Bitcoin (BTC) has not been particularly impressive over the weekend, which has been a somewhat consistent theme of the cryptocurrency market so far in the year 2025. The premier cryptocurrency continues to hover around the $108,000 mark, showing signs of indecision amongst the investors. With the coin’s indecisive price action, the conversation has been about when the Bitcoin price will return to its all-time high. Interestingly, the latest on-chain data shows that investors are becoming increasingly confident in the long-term promise of the flagship cryptocurrency. Bitcoin Exchange Inflow/Outflow Ratio Below 1: On-Chain Analyst In a July 5 post on the X platform, an on-chain analyst with the pseudonym Darkfost revealed that Bitcoin has continued to flow out of centralized exchanges over the past few months. The online crypto pundit mentioned that this trend reflects the growing confidence of investors in the long term. Related Reading: Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins This on-chain observation is based on the Bitcoin Exchange Inflow/Outflow Ratio 30DMA, a metric that measures the volume of BTC flowing in and out of centralized exchanges over a period of 30 days. A high ratio (>1) indicates more inflows than outflows into exchanges, signaling increased selling pressure for the premier cryptocurrency. On the other hand, a low ratio (<1) implies that more coins are flowing out of rather than into centralized exchanges. When the Exchange Inflow/Outflow Ratio has a low value, it suggests that investors are accumulating and holding their coins in the long term. According to Darkfost, the Bitcoin monthly outflow/inflow ratio recently fell to around 0.9, its lowest level since the bear market of 2023. With the metric now beneath the 1 threshold, it means that Bitcoin exchange outflows are dominant, reflecting a strong and sustained demand on the spot market. The on-chain analyst said: As of today, demand remains present as outflows continue to dominate, with a growing number of long-term holders stepping in. Ultimately, Darkfost believes that the confidence being shown in Bitcoin’s long-term promise is expected, considering the growing adoption by major corporations and governments, most notably in the United States. “BTC is gradually evolving into a store of value, increasingly used to strengthen treasury strategies,” the crypto analyst added. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $108,103, reflecting a mere 0.3% increase in the past 24 hours. Related Reading: DOGE Bulls Hold The Line At $0.15 — Is The Rally Still Alive? Featured image from iStock, chart from TradingView
The price of Bitcoin (BTC) has not been particularly impressive over the weekend, which has been a somewhat consistent theme of the cryptocurrency market so far in the year 2025. The premier cryptocurrency continues to hover around the $108,000 mark, showing signs of indecision amongst the investors. With the coin’s indecisive price action, the conversation has been about when the Bitcoin price will return to its all-time high. Interestingly, the latest on-chain data shows that investors are becoming increasingly confident in the long-term promise of the flagship cryptocurrency. Bitcoin Exchange Inflow/Outflow Ratio Below 1: On-Chain Analyst In a July 5 post on the X platform, an on-chain analyst with the pseudonym Darkfost revealed that Bitcoin has continued to flow out of centralized exchanges over the past few months. The online crypto pundit mentioned that this trend reflects the growing confidence of investors in the long term. Related Reading: Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins This on-chain observation is based on the Bitcoin Exchange Inflow/Outflow Ratio 30DMA, a metric that measures the volume of BTC flowing in and out of centralized exchanges over a period of 30 days. A high ratio (>1) indicates more inflows than outflows into exchanges, signaling increased selling pressure for the premier cryptocurrency. On the other hand, a low ratio (<1) implies that more coins are flowing out of rather than into centralized exchanges. When the Exchange Inflow/Outflow Ratio has a low value, it suggests that investors are accumulating and holding their coins in the long term. According to Darkfost, the Bitcoin monthly outflow/inflow ratio recently fell to around 0.9, its lowest level since the bear market of 2023. With the metric now beneath the 1 threshold, it means that Bitcoin exchange outflows are dominant, reflecting a strong and sustained demand on the spot market. The on-chain analyst said: As of today, demand remains present as outflows continue to dominate, with a growing number of long-term holders stepping in. Ultimately, Darkfost believes that the confidence being shown in Bitcoin’s long-term promise is expected, considering the growing adoption by major corporations and governments, most notably in the United States. “BTC is gradually evolving into a store of value, increasingly used to strengthen treasury strategies,” the crypto analyst added. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $108,103, reflecting a mere 0.3% increase in the past 24 hours. Related Reading: DOGE Bulls Hold The Line At $0.15 — Is The Rally Still Alive? Featured image from iStock, chart from TradingView
Bitcoin Crash? That’s Exactly What ‘Poor Dad’ Kiyosaki Is Hoping For
Bitcoinist, about 4 hours ago
Bitcoin slipped back after hitting an intra‑week peak of $110,600. It dipped about 1.4% over two days. Yet some big names say this looks more like routine wobble than a crash. Related Reading: BNB Gets Big Backer As Nano Labs Begins Billion-Dollar Accumulation Based on reports, ‘Rich Dad Poor Dad’ author Robert Kiyosaki took to […]
Bitcoin slipped back after hitting an intra‑week peak of $110,600. It dipped about 1.4% over two days. Yet some big names say this looks more like routine wobble than a crash. Related Reading: BNB Gets Big Backer As Nano Labs Begins Billion-Dollar Accumulation Based on reports, ‘Rich Dad Poor Dad’ author Robert Kiyosaki took to […]
TON Surges on UAE Golden Visa News; Crypto Community Reacts With Excitement and Doubt
CoinDesk, about 4 hours ago
Stake $100K in Toncoin and pay a $35K fee for a UAE Golden Visa, says TON Foundation; community debates legitimacy and government support.
Stake $100K in Toncoin and pay a $35K fee for a UAE Golden Visa, says TON Foundation; community debates legitimacy and government support.
Bitcoin, Dogecoin, XRP Rise as Bessent Hints at Trade Deals Before Liberation Day Tariff Deadline
CoinDesk, about 5 hours ago
Bitcoin briefly topped $109,000, while XRP, Solana's SOL, and dogecoin saw notable gains.
Bitcoin briefly topped $109,000, while XRP, Solana's SOL, and dogecoin saw notable gains.
Bitcoin Could Drop to $90,000 Before a 10x Rally, Says Arthur Hayes
Cointribune, about 5 hours ago
Bitcoin swims against the tide. While some see it wavering under the weight of macroeconomic uncertainties, others predict a bright future for the king of digital assets. And in this cacophony of opinions, Arthur Hayes, a major figure in the crypto world, stands out with a sharp vision: a brutal correction followed by a historic rise to a million dollars. A double-barreled scenario that could well shake the certainties of the most seasoned investors. L’article Bitcoin Could Drop to $90,000 Before a 10x Rally, Says Arthur Hayes est apparu en premier sur Cointribune.
Bitcoin swims against the tide. While some see it wavering under the weight of macroeconomic uncertainties, others predict a bright future for the king of digital assets. And in this cacophony of opinions, Arthur Hayes, a major figure in the crypto world, stands out with a sharp vision: a brutal correction followed by a historic rise to a million dollars. A double-barreled scenario that could well shake the certainties of the most seasoned investors. L’article Bitcoin Could Drop to $90,000 Before a 10x Rally, Says Arthur Hayes est apparu en premier sur Cointribune.
3 Bonk Ecosystem Meme Coins to Watch This Week
BeInCrypto, about 5 hours ago
The meme coin market has witnessed a steady resurgence over the past few weeks. Since June 23, the total market capitalization of memecoins has jumped by over 13%, reflecting a gradual regrowth. Bonk.Fun, a Solana-based platform that allows anyone to create and trade meme tokens, is at the heart of this recent surge. Some meme coins within its ecosystem have posted significant gains over the past week, making them the ones to watch in the new trading week. Useless Coin (USELESS) Readings from the USELESS/USD one-day chart show that the meme coin has recorded new daily price peaks since June 5. Currently trading at $0.29, USELESS’ price has rocketed by over 740% in the past month. The token’s rising Chaikin Money Flow (CMF) confirms that USELESS’ price rally is backed by significant buy-side pressure. This momentum indicator, which measures how money flows into and out of an asset, is at 0.13 and rising. A positive CMF reading like this indicates strong bullish pressure in the market. If buying activity continues, USELESS could revisit its all-time high of $0.305. USELESS Price Analysis. Source: TradingView On the other hand, if profit-taking spikes, the token’s price could fall to $0.234. HOSICO HOSICO is another BONK ecosystem meme coin to watch out for this week. It is up 135% over the past week to trade at $0.067 at press time. Despite the broader market’s pullback, HOSICO has logged 16% gains over the past 24 hours. For context, the altcoin has briefly traded at an all-time high of $0.069 during today’s session. As of this writing, its daily trading volume has climbed 30% to reach $12 million. When an asset’s price and trading volume spike simultaneously, it signals strong market interest and increased trading activity. A rising price with high volume suggests that the uptrend is supported by genuine demand. This combination is a sign of strength in the HOSICO market and could push its price to new highs in the near term. If token accumulation continues, HOSICO’s price could reclaim its all-time high and surge past it. HOSICO Price Analysis. Source: TradingView However, if demand falls, the meme coin’s price could dip to $0.055. Let’s BONK (LetsBONK) LetsBONK is up 239% in the last seven days, making it one of the BONK ecosystem meme coins to watch. As of this writing, the token’s Aroon Up Line is 100%. This means its uptrend is strong and not driven by speculative trades. An asset’s Aroon Indicator measures the strength and direction of a trend by tracking the time since the highest and lowest prices over a given period. It comprises two lines: Aroon Up, which measures bullish momentum, and Aroon Down, which tracks bearish pressure. As with LetsBONK, when the Aroon Up line is at 100, the asset has recently hit a new high, signaling strong upward momentum. If demand strengthens further, LetsBONK’s price could reach $0.127 and attempt to break above it. LetsBONK Price Analysis. Source: TradingView \Conversely, the token’s price could dip to $0.084 if demand declines.
The meme coin market has witnessed a steady resurgence over the past few weeks. Since June 23, the total market capitalization of memecoins has jumped by over 13%, reflecting a gradual regrowth. Bonk.Fun, a Solana-based platform that allows anyone to create and trade meme tokens, is at the heart of this recent surge. Some meme coins within its ecosystem have posted significant gains over the past week, making them the ones to watch in the new trading week. Useless Coin (USELESS) Readings from the USELESS/USD one-day chart show that the meme coin has recorded new daily price peaks since June 5. Currently trading at $0.29, USELESS’ price has rocketed by over 740% in the past month. The token’s rising Chaikin Money Flow (CMF) confirms that USELESS’ price rally is backed by significant buy-side pressure. This momentum indicator, which measures how money flows into and out of an asset, is at 0.13 and rising. A positive CMF reading like this indicates strong bullish pressure in the market. If buying activity continues, USELESS could revisit its all-time high of $0.305. USELESS Price Analysis. Source: TradingView On the other hand, if profit-taking spikes, the token’s price could fall to $0.234. HOSICO HOSICO is another BONK ecosystem meme coin to watch out for this week. It is up 135% over the past week to trade at $0.067 at press time. Despite the broader market’s pullback, HOSICO has logged 16% gains over the past 24 hours. For context, the altcoin has briefly traded at an all-time high of $0.069 during today’s session. As of this writing, its daily trading volume has climbed 30% to reach $12 million. When an asset’s price and trading volume spike simultaneously, it signals strong market interest and increased trading activity. A rising price with high volume suggests that the uptrend is supported by genuine demand. This combination is a sign of strength in the HOSICO market and could push its price to new highs in the near term. If token accumulation continues, HOSICO’s price could reclaim its all-time high and surge past it. HOSICO Price Analysis. Source: TradingView However, if demand falls, the meme coin’s price could dip to $0.055. Let’s BONK (LetsBONK) LetsBONK is up 239% in the last seven days, making it one of the BONK ecosystem meme coins to watch. As of this writing, the token’s Aroon Up Line is 100%. This means its uptrend is strong and not driven by speculative trades. An asset’s Aroon Indicator measures the strength and direction of a trend by tracking the time since the highest and lowest prices over a given period. It comprises two lines: Aroon Up, which measures bullish momentum, and Aroon Down, which tracks bearish pressure. As with LetsBONK, when the Aroon Up line is at 100, the asset has recently hit a new high, signaling strong upward momentum. If demand strengthens further, LetsBONK’s price could reach $0.127 and attempt to break above it. LetsBONK Price Analysis. Source: TradingView \Conversely, the token’s price could dip to $0.084 if demand declines.
The Great Altcoin Stall—Big Names Struggle to Regain Momentum
Bitcoin.com, about 5 hours ago
With the crypto economy cruising at $3.33 trillion and bitcoin hovering just under 5% from its record high, plenty of other digital assets are still playing catch-up on the road to fresh all-time highs. Altcoins Flatline as Bitcoin Hovers Below Record Territory It’s been 44 days since bitcoin (BTC) blasted to its weighted all-time high […]
With the crypto economy cruising at $3.33 trillion and bitcoin hovering just under 5% from its record high, plenty of other digital assets are still playing catch-up on the road to fresh all-time highs. Altcoins Flatline as Bitcoin Hovers Below Record Territory It’s been 44 days since bitcoin (BTC) blasted to its weighted all-time high […]
Why Satoshi-Era Bitcoin Are Relevant To Market Dynamics — Analyst Explains
Bitcoinist, about 5 hours ago
The crypto market was shaken by a rare occurrence on Friday, July 4, when a dormant whale—holding Bitcoin mined as far back as 2011—became active again. The Satoshi-era entity ended up moving around 81,000 BTC (worth around $8.8 billion) that had been held for 14 years. These significant movements, the largest single-day transfer volume of […]
The crypto market was shaken by a rare occurrence on Friday, July 4, when a dormant whale—holding Bitcoin mined as far back as 2011—became active again. The Satoshi-era entity ended up moving around 81,000 BTC (worth around $8.8 billion) that had been held for 14 years. These significant movements, the largest single-day transfer volume of […]
Bitcoin Meets Heartbreak In Drake’s Latest Track—Details
NewsBTC, about 5 hours ago
Grammy‑winning artist Drake has just put out a new track called What Did I Miss? that makes a clear link between his rocky love life and Bitcoin’s wild swings. According to reports, he raps, “I look at this shit like a BTC, could be down this week, then I’m up next week.” Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ That line isn’t just catchy—it’s another sign of how Bitcoin references are moving past finance blogs into hit songs. Adoption Numbers And Hype Based on reports from River, nearly 5% of the world’s population has used or owns Bitcoin so far. That’s a long way from Blockware’s forecast that 10% could be on board by 2030. Those numbers show that while the buzz is loud, real wallets holding Bitcoin remain few. For many, Bitcoin is still a headline rather than a habit. State Level Moves Shift Policy Last month, Texas became the first US state to set up a public Bitcoin stockpile. Governor Greg Abbott signed Senate Bill 21, creating a standalone fund run by state’s comptroller. That setup keeps the reserve out of the normal state treasury, so it can’t be raided for other expenses. A follow‑up bill, HB 4488, cements its legal protection, making sure the fund stays intact no matter what. Not every state has pushed ahead. In May, Florida dropped its crypto legislation, joining Wyoming, South Dakota, North Dakota, Pennsylvania, Montana and Oklahoma in pulling back. Arizona’s House Bill 1025, despite getting farther than any similar measure, was vetoed by US President Donald Trump on May 3. Bitcoin Lyrics Hit Home Drake’s new verse isn’t his first high‑stakes play with crypto. Back in 2022, he put $1 million worth of Bitcoin bet on the Super Bowl. That bold wager grabbed headlines and showed he takes crypto chances seriously. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Now, by weaving Bitcoin into his music, he’s giving millions of listeners a taste of what traders already know: prices can swing hard, fast, and without warning. Looking ahead, Drake’s new song and Texas’s reserve show two sides of crypto’s rise. The pop‑culture nods pull attention, while real‑world policies test whether Bitcoin can move from hype into everyday use. If both trends keep climbing, Bitcoin could win more hearts—and wallets—in the years to come. Featured image from Chris Delmas/AFP/Getty, chart from TradingView
Grammy‑winning artist Drake has just put out a new track called What Did I Miss? that makes a clear link between his rocky love life and Bitcoin’s wild swings. According to reports, he raps, “I look at this shit like a BTC, could be down this week, then I’m up next week.” Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ That line isn’t just catchy—it’s another sign of how Bitcoin references are moving past finance blogs into hit songs. Adoption Numbers And Hype Based on reports from River, nearly 5% of the world’s population has used or owns Bitcoin so far. That’s a long way from Blockware’s forecast that 10% could be on board by 2030. Those numbers show that while the buzz is loud, real wallets holding Bitcoin remain few. For many, Bitcoin is still a headline rather than a habit. State Level Moves Shift Policy Last month, Texas became the first US state to set up a public Bitcoin stockpile. Governor Greg Abbott signed Senate Bill 21, creating a standalone fund run by state’s comptroller. That setup keeps the reserve out of the normal state treasury, so it can’t be raided for other expenses. A follow‑up bill, HB 4488, cements its legal protection, making sure the fund stays intact no matter what. Not every state has pushed ahead. In May, Florida dropped its crypto legislation, joining Wyoming, South Dakota, North Dakota, Pennsylvania, Montana and Oklahoma in pulling back. Arizona’s House Bill 1025, despite getting farther than any similar measure, was vetoed by US President Donald Trump on May 3. Bitcoin Lyrics Hit Home Drake’s new verse isn’t his first high‑stakes play with crypto. Back in 2022, he put $1 million worth of Bitcoin bet on the Super Bowl. That bold wager grabbed headlines and showed he takes crypto chances seriously. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Now, by weaving Bitcoin into his music, he’s giving millions of listeners a taste of what traders already know: prices can swing hard, fast, and without warning. Looking ahead, Drake’s new song and Texas’s reserve show two sides of crypto’s rise. The pop‑culture nods pull attention, while real‑world policies test whether Bitcoin can move from hype into everyday use. If both trends keep climbing, Bitcoin could win more hearts—and wallets—in the years to come. Featured image from Chris Delmas/AFP/Getty, chart from TradingView
Headlines That Crypto Investors Might Have Missed
Forbes Digital Assets, about 5 hours ago
Crypto adoption continues to accelerate, even if some headlines are happening under the radar
Crypto adoption continues to accelerate, even if some headlines are happening under the radar
Hack, Government Deal, or Upgrade? $8.6 Billion Bitcoin Transfer Sparks Theories
BeInCrypto, about 6 hours ago
A massive Bitcoin transfer involving $8.6 billion worth of BTC, spread across eight wallets untouched for over 14 years, has ignited a wave of speculation within the crypto community. The transfer, which occurred on July 4, involved the movement of 80,009 BTC. This raised concerns about potential market impact, and possibilities of a government settlement deal, or even a hack. Arkham Suggests $8.6 Billion Bitcoin Move Was a Wallet Upgrade Arkham Intelligence, an on-chain analytics firm, believes the transfer was likely triggered by a wallet upgrade, not a liquidation. In a July 5 statement, Arkham dismissed speculation of a selloff, clarifying that the assets moved from legacy 1- addresses to modern bc1q- SegWit addresses. This transition boosts transaction efficiency and reduces network fees. Bitcoin Whale $8.6 Billion Transactions. Source: Arkham Intelligence The coins in question were initially deposited between April and May 2011, a period when Bitcoin was still trading below $1. Now, more than a decade later, Arkham views the funds’ spread across eight wallets as a technical realignment rather than a market-moving event. Notably, Bitcoin’s price remained stable after the transfers, further supporting Arkham’s interpretation. Other Theories Surrounding the Transactions While Arkham pointed to a benign explanation, others in the industry raised more provocative possibilities. Cathie Wood, CEO of Ark Invest, questioned the transactions’ nature and suggested that the move might be tied to a government settlement. She noted that the Bitcoin market’s swift stabilization might indicate that the transaction was part of a larger institutional move. “The Bitcoin market stabilized fairly quickly, so could this block be part of a government settlement deal? Is it now part of a government Treasury,” Wood wondered. Meanwhile, Coinbase executive Conor Grogan floated another theory about those transfers by suggesting the possibility of a hack. He observed that one of the wallets sent a small Bitcoin Cash transaction 14 hours before the larger Bitcoin transfer. According to him, this is a potential sign of a quiet key test before the larger transactions. “There is a possibility that the owner was testing the private key in a way that wouldn’t get noticed, as BCH isn’t monitored heavily by whale watching services What makes me say this is the other BCH wallets have not been touched at all; why wouldn’t they also sweep these?” he wrote. However, Grogan stressed that his theory remains speculative but noted that if confirmed, it could mark the largest theft in crypto history. Adding to the mystery, 10x Research has implied the wallets may be connected to early Bitcoin investor Roger Ver. According to the firm, speculators noted that the timing of the transaction aligns with Ver’s early involvement in Bitcoin. They also pointed to his recent release from detention as another indication of his possible involvement with the assets. “He was released on bail from Spanish prison on June 5 and those Bitcoins last moved in May 2011 while Roger got into Bitcoin in February 2011. He will certainly have billions of dollars worth of Bitcoins,” 10x Research said. Though no direct evidence confirms his involvement, the coincidence has fueled further debate within the community. The true reason behind the $8.6 billion transfer remains unclear for now. However, it is certain that their reawakening has sparked renewed conversations in the industry.
A massive Bitcoin transfer involving $8.6 billion worth of BTC, spread across eight wallets untouched for over 14 years, has ignited a wave of speculation within the crypto community. The transfer, which occurred on July 4, involved the movement of 80,009 BTC. This raised concerns about potential market impact, and possibilities of a government settlement deal, or even a hack. Arkham Suggests $8.6 Billion Bitcoin Move Was a Wallet Upgrade Arkham Intelligence, an on-chain analytics firm, believes the transfer was likely triggered by a wallet upgrade, not a liquidation. In a July 5 statement, Arkham dismissed speculation of a selloff, clarifying that the assets moved from legacy 1- addresses to modern bc1q- SegWit addresses. This transition boosts transaction efficiency and reduces network fees. Bitcoin Whale $8.6 Billion Transactions. Source: Arkham Intelligence The coins in question were initially deposited between April and May 2011, a period when Bitcoin was still trading below $1. Now, more than a decade later, Arkham views the funds’ spread across eight wallets as a technical realignment rather than a market-moving event. Notably, Bitcoin’s price remained stable after the transfers, further supporting Arkham’s interpretation. Other Theories Surrounding the Transactions While Arkham pointed to a benign explanation, others in the industry raised more provocative possibilities. Cathie Wood, CEO of Ark Invest, questioned the transactions’ nature and suggested that the move might be tied to a government settlement. She noted that the Bitcoin market’s swift stabilization might indicate that the transaction was part of a larger institutional move. “The Bitcoin market stabilized fairly quickly, so could this block be part of a government settlement deal? Is it now part of a government Treasury,” Wood wondered. Meanwhile, Coinbase executive Conor Grogan floated another theory about those transfers by suggesting the possibility of a hack. He observed that one of the wallets sent a small Bitcoin Cash transaction 14 hours before the larger Bitcoin transfer. According to him, this is a potential sign of a quiet key test before the larger transactions. “There is a possibility that the owner was testing the private key in a way that wouldn’t get noticed, as BCH isn’t monitored heavily by whale watching services What makes me say this is the other BCH wallets have not been touched at all; why wouldn’t they also sweep these?” he wrote. However, Grogan stressed that his theory remains speculative but noted that if confirmed, it could mark the largest theft in crypto history. Adding to the mystery, 10x Research has implied the wallets may be connected to early Bitcoin investor Roger Ver. According to the firm, speculators noted that the timing of the transaction aligns with Ver’s early involvement in Bitcoin. They also pointed to his recent release from detention as another indication of his possible involvement with the assets. “He was released on bail from Spanish prison on June 5 and those Bitcoins last moved in May 2011 while Roger got into Bitcoin in February 2011. He will certainly have billions of dollars worth of Bitcoins,” 10x Research said. Though no direct evidence confirms his involvement, the coincidence has fueled further debate within the community. The true reason behind the $8.6 billion transfer remains unclear for now. However, it is certain that their reawakening has sparked renewed conversations in the industry.