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Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

Two decentralized finance (DeFi) altcoins have abruptly gained support from the top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says it’s adding Sky (SKY), formerly known as MakerDAO, as well as its associated stablecoin USDS (USDS), to its suite of digital asset products. “Sky (SKY) and USDS (USDS) are now live on Coinbase.com and in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the additions had little impact on the tokens, as SKY is trading for $0.0836 at time of writing, a 3% gain during the last 24 hours, while USDS has remained pegged to the value of the US dollar. According to the crypto analytics firm Messari, MakerDao first rebranded to Sky in August 2024, replacing its governance token MKR with SKY and its dollar-pegged digital asset DAI with USDS. Messari says that the rebrand was a part of the development team...

Drop NFTs Like It’s Hot: Snoop Dogg’s Telegram Collection Raises $12M In 30 Minutes

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Pump.fun Token Trades 40% Above ICO Price On Hyperliquid Ahead Of July 12 Launch

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Pump.fun token $PUMP is trading at a 40% premium to its ICO price on derivatives platform Hyperliquid, as anticipation builds ahead of its highly awaited public sale on July 12. The PUMP-USD perpetual pair is trading at $0.0056, while its ICO will be priced at $0.004 per token Pump.fun is allocating 33% of its 1 trillion-token supply to the ICO, with 18% already sold privately and the remaining 15% set aside for the public sale. A ll of the tokens will be unlocked at launch. MEXC, Binance And Others Position Ahead Of Pump.Fun Token Launch Given Pump.fun’s reputation in the crypto space, the launch of its own token has investors buzzing. Open interest for the Hyperliquid-based PUMP-USD pair already reached over $17 million in the Asian morning hours.  Demand is expected to soar as MEXC and Binance, two leading crypto exchanges, move to get a share of the upcoming PUMP token launch activity. In an X post yesterday, MEXC unveiled its PUMP token launchpad, and is offering...

Tether Secret Swiss Vault: The $8 Billion Gold Reserve Behind The Stablecoin

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6-year dormant wallet moves $649M in Bitcoin 

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A Bitcoin (BTC) whale has emerged from a six-year hiatus, transferring approximately 6,000 BTC, worth around $649 million.  According to on-chain data, the wallet address 1J3B2ucUpWjWPPpejUCoLN93Gwz3q65CTd originally acquired these Bitcoin holdings on July 25, 2019, when the cryptocurrency was trading at $9,796 per coin. The initial investment totaled $58.77 million, which has now appreciated to $649 million, representing a remarkable 1,004% return over the holding period. Bitcoin wallet address moves 6,000 BTC. Source: BitInfoCharts The entire wallet balance was transferred in a single transaction executed earlier today on July 8. Despite the size of the transaction, Bitcoin’s price has remained stable following the move, suggesting the funds may have been moved to another wallet or through over-the-counter channels rather than on public exchanges. Satoshi-era wallet moves $1 billion of BTC The $600 million transaction comes just days after an even m...

XRP transactions fall to a 1-month low

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The total number of XRP transactions has fallen to its lowest level in nearly a month, even as the token’s price and trading volume continue to rise. According to data retrieved by Finbold from XRPScan via the XRP Ledger Metrics tool, XRP recorded 1,501,292 transactions on Sunday, July 6. That marks the lowest daily count since June 10, which saw 1,498,473 transactions. XRP transactions executed. Source: XRPscan/Highcharts Despite the overall decline, the number of successful XRP transactions also fell to near one-month lows. The network processed 1,226,441 successful transactions on Sunday, just above the 1,222,946 recorded on June 12. XRP trading analysis Meanwhile, XRP trading volume surged, with 24-hour volume climbing 49.4% to $3.11 billion. Of that, $3.105 billion was handled on centralized exchanges (CEX), while decentralized exchange (DEX) volume surpassed $2 million. XRP’s price has also seen gains, rising 1.91% on the day to $2.31. Over the past ...

Analyst sets date when Ethereum will hit $5,700

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A trading expert is projecting that Ethereum (ETH) is likely to hit a new record above $5,000, potentially extending to $8,000 in the coming months, citing bullish technical indicators. The outlook is based on Ethereum’s long-term weekly charts, which show the asset has been consolidating in a descending triangle pattern since peaking in November 2021.  Despite multiple failed attempts to break out of this structure, most recently in December 2024, the pattern of rising lows from June 2022 to April 2025 suggests mounting upward pressure, according to a TradingView Analysis by Master Ananda on July 5. ETH price analysis chart. Source: TradingView The expert noted that April 2025 marked a lower low, forming a rounded bottom structure at the $2,425 support level. While ETH briefly dipped below that level, it quickly reclaimed it, signaling strong buying pressure. This move is seen as marking the end of a long bearish phase that began in March 2024. The ...

Early miner could be behind sudden $8.6B bitcoin move

The bitcoin (BTC) whale responsible for moving more than 80,000 BTC (worth over $8.6 billion ) today may have mined the coins themselves way back in 2011, according to Coinbase’s Conor Grogan. As reported by Lookonchain, the holder’s BTC lay dormant for 14 years, but all eight of their wallets, each containing 10,000 BTC, have now been emptied. Grogan believes the mystery BTC holder is likely a miner from 2011, since they consolidated 180 mined reward blocks.  He does stress, however, that ownership of the BTC may have changed hands over the years, and also notes that they held 200,000 BTC at one point (worth $22 billion today). Currently, all 8 wallets woke up after 14 years of dormancy and transferred out 80,009 $BTC($8.69B).https://t.co/5FjcAQxb89 pic.twitter.com/HuoQT5hjFF — Lookonchain (@lookonchain) July 4, 2025 Read more: Is MicroStrategy the bitcoin bank Hal Finney dreamed of? BTC is worth $107,745 today but was valued at just $0.78 on Apr...

Is MicroStrategy the bitcoin bank Hal Finney dreamed of?

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When bitcoin (BTC) was at $0.30, Hal Finney wrote in December 2010, “there is a very good reason for bitcoin-backed banks to exist.” Fast-forward 14 years, and Michael Saylor announced that his MicroStrategy (MSTR) “endgame is to be the leading bitcoin bank.” Outranked only by Satoshi Nakamoto, Blackrock’s IBIT ETF, and vanishingly few other holders of bitcoin (BTC), Saylor’s company holds 3% of the circulating supply in its $65 billion treasury. Given the size of his asset base, Saylor has a market-leading ability to fractionalize its reserve for a substantial population of prospective banking customers. For context, MicroStrategy’s treasury is roughly equal to the deposit base of banks like Comerica or Santander — and it plans to continue increasing its size. ‘Very good reason for bitcoin-backed banks to exist’ In 2010, Finney was working on co-creating the Bitcoin network with a small number of cypherpunks, including months of personal discussions with...

Ethereum Price Stagnates as On-Chain Data Shows Whale Accumulation

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UniCredit Launches BlackRock Bitcoin ETF With Protection

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Capital protected Bitcoin ETF products are revolutionizing how European investors access cryptocurrency markets right now . UniCredit has partnered with BlackRock to offer a structured investment linked to the iShares Bitcoin Trust, and this provides Bitcoin exposure with downside protection for risk-averse clients. Also Read: Ethereum: BlackRock Buys 48% More ETH Amid 7% Dip, Signs Big Confidence How Capital Protected Bitcoin ETF from UniCredit and BlackRock Limits Crypto Risks The new capital protected Bitcoin ETF offering addresses major investor concerns about cryptocurrency volatility, and it’s particularly relevant at the time of writing. UniCredit’s structured product tracks BlackRock’s iShares Bitcoin Trust (IBIT) while also guaranteeing principal protection at maturity. This BlackRock Bitcoin ETF linked product targets private banking clients who want Bitcoin exposure without the full downside risk. The capital protection mechanism ensures that investors rece...

Pi Coin Prediction for July 2025: Price Rebound or Further Crash?

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Looking at the Pi Coin prediction for July 2025, we’re seeing some pretty mixed signals right now. Investors are left asking what will happen next since the token is trading at around 0.523, a decrease of around 70% since the highs in the month of May. Pi Coin’s price prediction in the current month implies that we may either experience a rebound or further depreciation, with the in-the-making events in the ecosystem contradicting the bearish tendencies and also an upcoming token release of 309 million tokens. Also Read: 100 Days Into Pi Network’s Open Phase: Next Big Shift Is Imminent Pi Coin Price Forecast, Rebound Potential, Crash Risks, And Analysis Source: Bankless Times New Developments Could Drive Recovery The Pi Coin prediction for July 2025 has been getting some attention because of recent platform upgrades that are addressing the “ghost chain” criticism. Just this past Saturday, the team unveiled Pi App Studio, which is powered by GenAI capabilities and...

De-Dollarization? Not So Fast: Why US Dollar Demand Is Surging in 2025

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The whole de-dollarization narrative? Well, it’s not happening as fast as everyone thought it would. We’re actually seeing a massive surge in US dollar demand across global markets in 2025, and it’s catching a lot of people off guard. The stablecoin treasury demand has been exploding, and the crypto market impact is doing something nobody expected – it’s actually making the dollar stronger. This global de-dollarization trend that everyone was talking about? It seems that it’s hitting some pretty serious roadblocks. Also Read: De-Dollarization Gains Momentum: 50+ Countries Abandon US Dollar Dominance Stablecoins, Treasuries, And The Global Forces Fueling Dollar Demand Source: Watcher.Guru Stablecoin Revolution Drives Dollar Strength Bank of America analysts have spearheaded research showing critics miss the bigger picture. They’ve established that “the world is dollarizing rapidly” through nonbank financial intermediaries across multi...