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European Central Bank Trials XRP Ledger For Bonds—But There’s A Catch
The European Central Bank (ECB) has quietly given the XRP Ledger a place in its wholesale-DLT sandbox—yet only behind the walls of a closed network. Annex II of the ECB’s June 2025 report describes 48 trials and experiments, but a single project run by Lithuanian fintech Axiology is the only one grounded in its technology.
XRP Ledger Powers ECB TrialAxiology’s DLT Trading and Settlement System (TSS) is, in the ECB’s own words, a “private, permissioned infrastructure built using the open-source code of the XRP Ledger.” The central bank immediately qualifies that pedigree: “While Axiology benefits from XRP Ledger technology, it operates as an independent system, designed to streamline trading, settlement, and custody of tokenized assets.” In short, the code is XRPL-inspired, but the sandbox itself is hermetically sealed.
The trial rehearsed three events—primary issuance, coupon payments, and maturity redemption—while the Banque de France’s Trigger Solution handled central-bank money. In the issuance phase the ledger recorded that “Node sends asset amount from issuer’s operational wallet to created escrow wallet, which uses XRP Payment transaction,” after which “Operator transfers amount of asset from escrow wallet to final investor’s wallet, using XRP Payment transaction and thus finalizing DVP.”
Later, during redemption, the report shows the flow reversing: “Node sends amount of asset from end-investor wallet to created escrow wallet, which uses XRP Payment transaction,” and finally “Operator transfers amount of asset from escrow wallet to Issuer Agent Operational Wallet using XRP Payment transaction, thereby finalising DVP and initiating burning process.”
Those six sentences—the two structural descriptions plus four transaction steps—are the document’s entire reference set to “XRP.” Nowhere does the annex suggest that the token, open-network validators, or public liquidity pools were involved; every transfer ran strictly inside a permissioned ledger, and the cash side remained pure central-bank money.
Axiology says its goal was to test the “performance and reliability” of synchronizing delivery-versus-payment in central-bank euros with a tokenized bond ledger. For the ECB, the exercise is one of many in a comparative sweep that already includes Canton, Corda, and Ethereum variants. The findings will inform whatever wholesale CBDC architecture the Eurosystem may one day pursue.
The upshot is stark: the ECB did trial Ripple’s technology, but only in a sealed environment, detached from the public ecosystem. For proponents it is a technical validation; for skeptics it shows regulators are still wary of open networks. Either way, the catch remains: the technology was allowed inside the room, yet the door to public adoption stays seemingly firmly shut.
At press time, XRP traded at $2.18, up 13% since the Sunday low at $1.90.
Crypto Stocks Soar as Iran-Israel Ceasefire Holds – Best New Crypto to Buy
US crypto stocks are rallying following US President Donald Trump’s announcement of a phased ceasefire between Iran and Israel.
The pause in fighting was initially set to begin June 24, but the truce was broken within an hour: Iran allegedly fired missiles, while Israel launched strikes near Tehran.Trump quickly stepped in, blasting both nations to stand down. So far, the two sides appear to be toeing the line, and with easing geopolitical tensions, crypto stocks like Coinbase and Riot have surged.
Now may be an opportune time to explore new crypto to buy, and we’ve found some hot picks.
World War 3 Cancelled, Coinbase Stocks Jump 12.10%Tensions between Iran and Israel flared on June 13 after Israel struck Iranian nuclear sites. In response, Iran fired missiles at Israel.
The US then joined the conflict, launching major airstrikes on Iran’s nuclear facilities on June 22. Iran retaliated by striking a US base in Qatar the following day.
Iran and Israel then launched new attacks on each other, going against Trump’s orders for a ‘peace agreement’ – a phased truce brokered by the US and Qatar.
The US president wasn’t impressed, stating both countries ‘don’t know what the f**k they’re doing.’
While tentative, the ceasefire appears to be holding and has been enough to boost market risk appetite.
Since yesterday, Coinbase stocks have jumped 12.58%. Meanwhile, crypto mining firm Riot Platforms has surged 8.09%, and Marathon Digital Holdings is up by 4.94%.
This could make now a timely moment to buy into the next crypto to explode. Our top choices right now include Snorter Token ($SNORT), Maple Finance ($SYRUP), and Bitcoin Hyper ($HYPER).
1. Snorter Token ($SNORT) – Crypto Trading Bot on Telegram Boasting Ultra Low Fees (Just 0.85%!)If you’re looking for hot crypto opportunities as investors shift back toward riskier assets, Snorter Token ($SNORT) is worth eyeing.
$SNORT is the native token of Snorter Bot, a Telegram-based crypto trading bot getting set to launch in Q3 2025.
Built for speed and affordability, it’ll help you sniff out trending tokens, set stop-loss and take-profit limits, and avoid scams. For more information, check out our What is Snorter guide.
Currently focused on Solana, boasting the lowest bot fees on the network at just 0.85%, it plans to expand across all major Ethereum Virtual Machine (EVM) chains.
Beyond premium features and low fees, $SNORT also gives you access to staking rewards (currently at a 260% APY), plus voting rights.
Having a say in the platform’s governance means you can share your ideas on future developments to help boost its sustainability.$SNORT is already gaining serious traction. It’s raised over $1.2M on presale, with a helping hand from three major whales who injected $40K, $10.8K, and $10K into the project.
You can buy $SNORT for as little as $0.0961. After being listed on crypto exchanges, it’s expected to hit $0.94. So, if you act now, you could position yourself for 879% returns.
2. Maple Finance ($SYRUP) – Decentralized Corporate Credit Market Built on Solana & EthereumMaple Finance ($SYRUP) is up 18.16% since yesterday, following the easing of the risk of a larger, wider Israel-Iran war.
Put simply, Maple Finance is a decentralized corporate credit market. Operating on Solana and Ethereum, it offers an efficient bridge for borrowers to access unsecured capital while providing lucrative yield opportunities for lenders.
The entire lending process, from loan origination to repayment, is recorded on-chain to ensure transparency and accountability.$SYRUP, previously known as $MPL, is a utility and governance token that powers the Maple Finance ecosystem.
Upon buying the token, it can be staked to earn a portion of the revenue generated from loan originations and interest payments. Plus, you can participate in critical decisions regarding free structures and new product rollouts.
You can buy $SYRUP on some of the best crypto exchanges, including Binance and MEXC, for roughly $0.60.
3. Bitcoin Hyper ($HYPER) – Layer 2 to Boost Bitcoin’s Speed, Scalability & dApp Power$HYPER is the utility token of Bitcoin Hyper, an innovative Layer 2 (L2) network designed to solve the Bitcoin network’s biggest challenges – limited scalability, slow transactions, and high fees.
Also launching in Q3 2025, it will integrate the Solana Virtual Machine (SVM) to enable lightning-fast smart contracts and scalable dApps on top of Bitcoin’s secure base layer.
To connect seamlessly with Bitcoin’s mainnet, the network will use a canonical bridge. This means you’ll be able to wrap and transfer $BTC into the Hyper ecosystem.
What’s more, the protocol operates on its own Proof-of-Stake (PoS) validator network. It’s being built to handle transactions and smart contracts with high efficiency and sustainability.
Considering that $HYPER sets 30% of its total token supply to development, the L2 should materialize as promised and only improve over time.
$SNORT is already attracting significant attention, raising $1.6M in its presale.
Early whale buyers of $74.9K, $54.1K, and $53.9K have added to the buzz.Right now, you can buy $HYPER on presale for just $0.012025. You can also stake it at a sizable 481% APY.
You can also anticipate possible gains of up to 2,561%, as its price might reach $0.32 following the L2’s launch this year.
New Crypto to Buy Amid Geopolitical VolatilityWhile the Iran-Israeli truce remains fragile, the crypto market is responding positively to the ceasefire, even though it may only be temporary.
As fears of a full-scale war ease, investors are once again turning their attention to risk-on strategies. In turn, this has fueled a rebound in crypto stocks, making now a favorable time to invest in crypto.
Are you interested in a new crypto trading bot, passive income through interest payments, or unlocking Bitcoin’s full potential? If so, $SNORT, $SYRUP, and $HYPER are worth checking out.
This isn’t investment advice. Always do your homework and only invest what you can afford to lose.
Ethereum Price Crash Driven By Whales? Large Transaction Volumes Rise 55%
Ethereum whales have been very active lately, suggesting that the recent Ethereum price decline could have been driven by these large holders. This is especially important now that the altcoin’s price has been driven toward new monthly lows and selling pressure continues to mount. If these whales do not let up anytime soon, then it could be the trigger for the Ethereum price to lose the $2,00 support.
ETH Whale Volumes Surge 55%According to data from IntoTheBlock, the Ethereum whales have roused from their recent slumber to take profit out of the market once again. This has been seen in metrics across large transaction numbers and volumes, ranging from both ETH volumes and dollar figures.
These large transactions, classified as transactions carrying at least $100,000 worth of coins, often show when whales are moving and when they are idle. The figures had first spiked going into the weekend on June 20, when it rose almost 100% from 1.89 million ETH transacted to over. 3.71 million ETH moved in a 24-hour period.
This coincided with the start of the market decline as the Ethereum price trended back toward $2,400. On Saturday, June 21, the numbers were much more muted, after falling to 1.57 million ETH. However, this would quickly change as sell-offs picked up by Sunday, and the crash was in full bloom.
Data shows that over 2.58 million ETH were moved in these large transactions on Sunday, suggesting that these large holders could have been selling as the price plummeted. In dollar figures, it was a total of $5.7 billion compared to the $3.66 billion moved the previous day.
This spike translates to a 55.62% increase compared to what was recorded the previous day, showing whales were very active as the Ethereum price fell toward $2,100. Given that the Ethereum holdings are 56% dominated by large holders, it shows how much sway these investors hold over the price, and moves from them either way can determine its direction.
Where Is Ethereum Price Headed?As the Ethereum whale volumes continue to rise and the price trends low, crypto analyst Rektproof has predicted what might be next. While many expect the altcoin to find a bottom, the analyst sees only a relief bounce before the price falls toward new weekly lows.
The target from here is a complete fill of the CME gaps, and once the range is done, the analyst expects the price to fall toward $1,800. This is the level Rektproof suggests to start getting into spot positions in anticipation of a major bounce.
Best Meme Coins Live News Today: Latest Opportunities & Updates (June 25)
Check out our Live Update Coverage on the Best Meme Coins for June 25, 2025!
Crypto adoption, retail and institutional, is currently going through the roof. From Mastercard and Visa to JPMorgan and a crypto-centric Trump presidential campaign, digital assets are dominating the headlines.
More and more investors are looking to crypto as the opportunity of a lifetime, and if there’s one asset that justifies that belief, the opportunity among opportunities, the once-in-a-lifetime 100x play, it’s meme coins.
With a market cap of over $53B and daily top gainers that can make over 7x in under 24 hours, memecoins are where the biggest payouts are.Stay tuned for the latest scoop on the hottest meme coins among degens, alpha on the most popular shitcoins in the cryptobro circles, and FOMO trader insights for the next ten bagger. All you need to identify the highest risk, highest potential payout opportunities.
We update this page frequently throughout the day, as we get the latest insider insights on the best meme coins, so keep refreshing!
Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Meme Coin Explodes 458% In the Last Day as Meme Market Cap Hits $53$B: BTC Bull Token Could Soar NextJune 25, 2025 • 10:12 UTC
The last 24 hours have seen the memecoin market skyrocket, with several cryptos recording massive pumps. The likes of which can quickly fill your bag with stupid money.
Speaking of stupid, $STUPID rose by 458% in the last day, followed by $ALPHA (+52%), and $VIBE (+51%). If you look at the last 30 days, you’ll see a 9,200% increase in $AURA’s price.
The total memecoin market cap grew by $690M since ~10PM last night, and the 24-hour trading volume peaked at 10AM this morning, hitting $6B.
Convinced yet that the market is currently riding the bull, ready to burst through the china shop?
BTC Bull Token ($BTCBULL) is one meme coin that might soar to explosive gains next. It’s the only project that offers free Bitcoin airdrops, and has already raised over $7.3M in presale.
Visit the official BTC Bull Token presale today.
Altseason Has Begun According to ChatGPT, Traders are Betting Big on This 1000x Meme CoinJune 25, 2025 • 10:12 UTC
While Bitcoin trades sideways on macro indicators and various market news, ChatGPT predicts altcoin season is back on the menu citing the prominent degen investor on X, Crypto Rover.
With over 1.2 million followers on X and nearly 192,000+ subscribers on YouTube, Crypto Rover often publishes BTC and ETH TA, the kind of smooth-brain DD that often goes over the heads of degen crypto bros.
This could be a sign that the crypto trading is materially different from the TradFi ecosystem.
And of the altcoins that’s predicted to 1000x is Snorter Token ($SNORT), the meme coin powering Snorter Bot, a neat little piece of software that makes it easier to sell meme coins, altcoins, stablecoins and anything in-between at lightning-fast speeds. Read more about $SNORT.
Crypto Presales Live News Today: Latest Opportunities & Updates (June 25)
Check out our Live Update Coverage on the Best Crypto Presales for June 25, 2025!
The increased crypto adoption from asset managers like JPMorgan and countries like the US has created investor frenzy on presale coins. These unique investment opportunities offer potentially much bigger payoffs than regular stablecoins or $BTC.
We give you the real-time scoop on new presales, whale buys, funding and development milestones, and vital alerts – all you need to navigate potential opportunities and risks.
We update this page frequently throughout the day, as we get the latest insider insights on the hottest presales, so keep refreshing!
Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Trump Media Poised to Launch Bitcoin, Ethereum ETF on NYSE with Proposed Rule ChangeJune 25, 2025 • 09:46 UTC
Trump Media & Technology Group filed a prospectus for a combined $BTC and $ETH ETF only 8 days ago. Events move fast – the NYSE just filed a proposed rule change to allow the listing.
The ETF would feature a 75% to 25% $BTC to $ETH composition, giving investors broader exposure to the crypto market’s top two tokens.
The ETF would be executed by Crypto.com, who would hold the underlying assets and provide necessary liquidity. The NYSE’s application, filed with the SEC, isn’t a guarantee, but it marks a major step forward for the process.
It also demonstrates how deeply entwined the Donald Trump presidency and his crypto empire have become, with each supporting and fueling the other. Trump is taking an aggressive approach to expanding his crypto ventures.
It’s more important than ever to learn how to navigate the crypto world. Best Wallet Token makes that easy, providing a safe, secure, and effortless way for crypto users to hold, trade, and swap crypto.
Learn more about Best Wallet token today.
Saylor’s Strategy Nearly Sure to Enter the S&P 500, Following Coinbase as the Second Crypto Firm This YearJune 25, 2025 • 09:39 UTC
Financial analyst Jeff Walton confirmed that Strategy has a 91% chance to enter the S&P 500 in Q2, which ends in a couple of days.
But only if Bitcoin remains above $95,240 before June 30. Walton said that companies need to have their latest quarter be positive and register earnings more than the last four quarters combined.
Since Strategy’s recorded net losses in the last three quarters, and with Bitcoin’s hopeful ascension, Q2 will easily outperform its last three quarters.
As the quarter draws to a close, the chances for an S&P 500 inclusion are also increasing, with a 97.6% chance over one day. This is based on Bitcoin’s odds of dropping below $95,240.
If Strategy breaks the S&P, it would become the second crypto firm to do so in 2025, after Coinbase. It would also legitimize Bitcoin’s standing as a worthwhile asset class.
Bitcoin Sentiment Turns Greedy Again—Time To Be Cautious?
As Bitcoin and other digital assets recover, data shows the sentiment among cryptocurrency investors has returned to a state of greed.
Bitcoin Fear & Greed Index Is Pointing At Greed AgainThe “Fear & Greed Index” refers to an indicator made by Alternative that measures the net sentiment held by the average trader in the Bitcoin and wider cryptocurrency spaces.
The index uses the data of the following five factors to determine the market sentiment: trading volume, volatility, market cap dominance, social media sentiment, and Google Trends.
The metric represents the calculated mentality as a score lying between 0 and 100. The former end point corresponds to a state of maximum fear, while the latter one to that of maximum greed.
Here’s what the index says regarding the current sentiment among the investors:
As displayed above, the Bitcoin Fear & Greed Index has a value of 65, which suggests the traders currently share a majority sentiment of greed. This is a notable change compared to yesterday, when the indicator was sitting at 47, meaning that the investor mentality was overall neutral.
The holder sentiment earlier declined as a result of the geopolitical situation surrounding the Israel-Iran conflict. Following the announcement of a ceasefire between the nations, prices bounced back and it would appear that with them, so did the investor mood.
The ceasefire has since been violated, so it’s possible that tomorrow’s Fear & Greed Index would be less bullish. That said, Bitcoin has held surprisingly well despite the news, which could imply that the sentiment may also remain the same.
Historically, BTC and digital assets in general have tended to move in the direction that goes against the expectations of the investors. This means that an overly greedy market makes tops likely, while an extremely fearful one bottoms.
At present, the level of greed in the market isn’t too strong, but the fact that it has seen a notable jump alongside the recovery run could still be to take note off. In the scenario that hype keeps increasing in the coming days, another reversal could turn more probable for Bitcoin and company.
In some other news, the US-based Bitcoin spot exchange-traded funds (ETFs) saw net inflows yesterday, 23rd June, as pointed out by the analytics firm Glassnode in an X post.
As displayed in the above graph, the US Bitcoin spot ETFs saw net inflows of around 598 BTC on this date, despite the geopolitical tensions. “Although the inflows were modest, no major outflows were recorded either, which is notable signal of investor confidence,” notes Glassnode.
BTC PriceBitcoin has already made recovery beyond the level it was trading at before the plunge, as its price is now back at $106,000.
US Fed Just Quietly Removed a Major Barrier to Crypto Banking, Here’s What That Means
The US Federal Reserve has announced a significant change that affects crypto positively in its examination framework for banks by removing “reputational risk” from its supervisory guidelines.
This update, detailed in a release on Monday, is intended to make bank assessments more transparent by focusing on concrete financial risks rather than subjective or image-based concerns.
The revision is seen as a potential step forward for crypto asset firms, which have frequently reported being denied access to banking services due to perceived reputational concerns.
According to the Federal Reserve, this policy update is aimed at reinforcing the quantitative and qualitative aspects of how banks manage risk, without undermining the central bank’s expectations for safety, soundness, or regulatory compliance.
The board clarified that while reputational risk will no longer be part of formal supervision criteria, banks are still free to consider it within their internal risk frameworks.
Implications for Crypto and the End of ‘Debanking’?The elimination of reputational risk from federal bank supervision comes after growing pressure from lawmakers and industry participants who argue that digital asset firms have been unfairly excluded from essential financial services.
The crypto industry has long faced hurdles in establishing reliable banking relationships, particularly after the 2022 collapse of FTX, which led to heightened regulatory scrutiny.
Many in the industry cited instances where banks severed ties with crypto businesses under the justification of reputational risk, a process sometimes referred to as “debanking.”
The situation intensified amid claims of coordinated efforts by US regulators to discourage banking relationships with crypto firms, a scenario dubbed “Operation Chokepoint 2.0” by Castle Island Ventures co-founder Nic Carter.
The term draws from a similar initiative a decade ago, where regulators allegedly pressured banks to cut off services to legally operating but politically sensitive sectors.
The Federal Reserve’s latest move aligns with recent actions by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), both of which have also taken steps to remove reputational risk considerations from their oversight procedures.
Legislative Support and Industry ResponseThe decision by the Federal Reserve has been welcomed by key political figures, including Wyoming Senator Cynthia Lummis, a vocal supporter of digital assets.
In a recent post on X, Lummis called the policy change “a win,” but emphasized that further work is needed to create a stable and fair banking environment for all industries, including crypto.
In February, I exposed the Fed’s aggressive reputation risk policies that assassinated American bitcoin & digital asset businesses. Today, the Fed announced it will scrap reputation risk as a factor in its bank supervision. This is a win, but there is still more work to be done. https://t.co/AOZSr0IFcp pic.twitter.com/1FtsIcNJsI
— Senator Cynthia Lummis (@SenLummis) June 23, 2025
The policy shift also follows a bill introduced in March by Senate Banking Committee Chair Tim Scott aimed at codifying the exclusion of reputational risk from bank examinations.
While this change doesn’t automatically open the doors for crypto firms to access banking services, it signals a shift in tone that could lead to greater financial inclusion for digital asset companies.
If implemented consistently, this revision could also encourage banks to re-evaluate previously halted partnerships and explore new service models that incorporate blockchain and digital asset technologies in a compliant and structured manner.
Featured image created with DALL-E, Chart from TradingView
Japan Eyes Crypto ETFs And Lower Taxes With Digital Assets Reclassification Proposal
Japan’s Financial Services Agency (FSA) has proposed a reform that could pave the way for crypto-based investment products and significantly lower the capital gains tax on digital assets in the country.
FSA Proposes Crypto Assets ReclassificationOn Tuesday, local news outlet CoinPost reported that Japan’s Financial Services Agency announced it is considering reclassifying crypto assets as financial products under the Financial Instruments and Exchange Act (FIEA) and establishing a working group on digital asset systems.
In a document titled “Review of the Regulatory Framework for Cryptocurrencies (Virtual Currencies),” the FSA proposed transitioning crypto assets, which are regulated under the Payment Services Act, into the FIEA’s framework.
This transition would formally categorize cryptocurrencies as “financial instruments” and address the current limits of digital assets in Japan. The proposal is scheduled to be discussed at the FSA’s General Council meeting on Wednesday, June 25.
Notably, the reform would lead to a change from the current progressive tax system, where digital asset gains can be taxed at up to 55%, to a system like the one used for stocks, with a flat 20% tax on crypto income.
Moreover, it would improve access for institutional and general investors through the domestic approval of Bitcoin Exchange-Traded Funds (ETFs) and other investment products, as well as strengthening investor protection under the FIEA.
Japan’s regulators have been cautious toward digital asset-based ETFs, with the FSA previously expressing reservations about the investment product, despite the success of US spot ETFs.
Earlier this year, Japan’s Parliamentary Vice-Minister of Justice Junichi Kanda discussed with JAN3’s founder, Samson Mow, the “government’s current initiatives to enable Japanese Bitcoin ETFs and reduce taxes on Bitcoin.”
Japan’s Regulatory LandscapeAccording to the report, Japan’s regulatory change is reportedly influenced by the “proactive stance (…) taken by the Trump administration (…) and other U.S. government agencies such as Texas,” which recently became the first US state to create a publicly funded BTC reserve.
This move is positioned as part of the government’s strategy to realize an investment-oriented nation, aiming to simultaneously create new value using digital assets and expand asset formation opportunities for the public through the comprehensive development of the Web3 and cryptocurrency fields.
As reported by Bitcoinist, Japanese authorities have been working on reviewing their regulatory system for nearly a year, developing new policies to offer customer fund safety, while establishing a more reliable industry.
In April, the FSA sought the public’s feedback on its framework draft, suggesting digital assets be divided into distinct categories to facilitate regulation and find a balance between user protection and promoting innovation.
The proposed framework reviewed multiple aspects of financial regulations, including business regulations, disclosing and providing information, and insider trading measures. Its key proposal separated crypto assets into two categories to apply distinctly different regulatory approaches to each of these categories, depending on the assets’ nature.
The FSA has emphasized that developing a “well-balanced environment that protects users and promotes innovation” is required for the crypto industry’s expansion.
Bitcoin Deposit Activity Drops To Historic Low As ETFs And Long-Term Holding Gain Ground
As Bitcoin (BTC) continues to hold above the psychologically important $100,000 price level, a “true paradigm shift” is emerging among investors. Notably, exchange deposit activity is declining, signalling growing confidence in BTC as a reliable store of value.
Bitcoin Deposit Address Activity Plunges To Historic LowsAccording to a recent CryptoQuant Quicktake post by on-chain contributor Darkfost, there has been a noticeable shift in the number of BTC wallet addresses depositing to exchanges since the 2021 bull cycle.
The analyst shared the following chart to support their analysis. It shows a steady increase in the number of addresses depositing BTC on exchanges between 2015 and 2021, peaking at an annual average of approximately 180,000.
However, this trend has sharply reversed since then and has shown no signs of recovery. Notably, the 10-year average for the number of addresses depositing BTC to exchanges currently sits around 90,000.
Shorter-term metrics reinforce this decline. The 30-day moving average (MA) is hovering around 48,000, while the daily figure has dropped to just 37,000. This drastic behavioral shift among investors can be attributed to two key factors.
First, the emergence of BTC exchange-traded funds (ETFs) has redirected a significant portion of demand away from spot exchanges. ETFs allow exposure to Bitcoin’s price performance without the complexity or risk of self-custody.
Second, retail participation has been relatively subdued in the current market cycle, naturally reducing the number of active deposit addresses.The analyst noted:
More investors, and now even companies, are adopting a long-term vision for BTC, choosing to hold it as savings or treasury reserves rather than actively trading it.
Is BTC Preparing For A New High?As the number of addresses depositing BTC to exchanges continues to decline, several indicators point toward the potential for a new all-time high (ATH). Recent analysis by crypto analyst CryptoGoos suggests that short-term sellers are “getting exhausted,” implying that selling pressure may ease soon.
Similarly, the Bitcoin Rainbow Chart – a long-term valuation model used to identify overvaluation and undervaluation zones – recently flashed a “buy” signal. Although, the wider market demand remains weak.
Macroeconomic conditions are also turning favorable. An increase in the global M2 money supply is expected to benefit risk-on assets like Bitcoin. Some experts now predict BTC could rise as high as $150,000 as liquidity expands.
That said, not all signs are bullish. Miner-to-exchange transfers have recently spiked to historic highs, potentially signalling increased selling pressure from BTC miners. At press time, BTC is trading at $105,141, up 2.6% in the past 24 hours.
21 Years Later: Michael Saylor Sees Bitcoin At $21 Million—Details
A steady drumbeat of policy updates and big-money moves has kept Bitcoin in the headlines this month. According to keynotes delivered at BTC Prague 2025, the cryptocurrency’s path is now being drawn in decades—rather than days.
Geopolitical And Regulatory PushBased on reports from Strategy’s executive offices, US regulators have taken a friendlier turn since July 2024. New cabinet roles now include digital asset advisers. The SEC, OCC, and Federal Reserve have each signaled that Bitcoin plays a role in modern finance. Congress has also weighed the Bitcoin Act and Clarity Act, and those talks are still underway.
Institutions Pile In With BillionsAccording to recent filings, more than $150 billion of fresh capital has flowed into crypto holdings. Institutional wallets now hold around 1.4 million BTC. Public companies in the “Bitcoin 100” club include US President’s Donald Trump Media, GameStop, SmarterWeb, and Metaplanet. ETF approvals have added 10 new ways for both small investors and big firms to buy Bitcoin.
Long-Term Forecast Anchored In MathNow, here’s the most interesting part: Michael Saylor outlined a 21-year outlook that ties BTC value to global money trends instead of quick trades. He set a target of $21 million per coin by 2046.
By that time, owning 4.8 Bitcoin could turn someone into a centaillionaire, based on simple math. Saylor pointed out a 56% annual return over the last five years. He compared that to a 13% cost of capital for many firms.
DCA Strategies Vs. Traditional HoldingBased on reports from Strategy’s research team, a $2 million dollar-cost averaging plan in Bitcoin would have grown to $40 million. The same $2 million parked in the S&P500 would be worth about $6 million today.
Add in smart borrowing through equity issuance, Saylor said, and the upside climbs to $760 million—if markets cooperate.
Volatility, he noted, is part of Bitcoin’s early life cycle. Companies should lock in low-rate funding and plan for price swings. Markets can move fast, and falling values often trigger margin calls.
The coming months will test whether policy stays warm and big investors keep their faith. For now, Bitcoin’s story is shifting toward a multi-decade saga of adoption, regulation, and big bets.
Will It Happen?Investors will be watching each Fed statement and corporate balance sheet near as much as they watch price charts. They may take the proverbial grain of salt on Saylor’s $21 million per Bitcoin by 2046.
But many say the real story isn’t the $21 million figure itself. It’s the steady march of new rules and big names piling into Bitcoin that could shape its future far more than any single price forecast.
Investors will be tuning in to every policy update and balance-sheet reveal, looking for signs that this decades-long experiment can keep gaining ground.
Featured image from Sony Pictures, chart from TradingView
Bitcoin Hashrate Plunges 11%—Are Miners Turning Bearish?
After setting a new all-time high (ATH) earlier in the month, the Bitcoin Hashrate has seen a crash. Here’s what this could mean for the asset.
7-Day Average Bitcoin Hashrate Has Plummeted Since The RecordThe “Hashrate” refers to an indicator that measures the total amount of computing power that miners have connected to the Bitcoin network for the purpose of mining. The metric’s value is measured in terms of hashes per second (H/s), or the more practical exahashes per second (EH/s).
When the value of this indicator rises, it means the miners are adding more power to the blockchain. Such a trend suggests BTC mining is looking profitable to these chain validators.
On the other hand, the metric going down can imply some of the cohort’s members are coming under pressure, so they have decided to scale back on their facilities.
Now, here is a chart from Blockchain.com that shows the trend in the 7-day average of the Bitcoin Hashrate over the past year:
As displayed in the above graph, the 7-day average Bitcoin Hashrate saw a rapid increase to a new ATH of about 943.6 EH/s on June 15th. Since this peak, however, the indicator has witnessed a sharp reversal. Today, the miners’ computing power amounts to 834.8 EH/s, more than 11% down compared to the record.
Considering the fast decline, it’s possible that miners are feeling financial pressure. And indeed, according to an on-chain model, this group can currently be classified as extremely underpaid.
The miners may also be feeling bearish about the cryptocurrency, considering all the geopolitical events that have occurred since the high in the Hashrate, feeding into market uncertainty.
Miners depend on growth in the asset’s price to improve their margins, so their behavior is often linked to the trend in the coin itself. Sometimes, miners do expand or decommission operations anticipating future action, though these bets don’t always pay off.
From the chart, it’s visible that this isn’t the first time this year that the indicator has seen a quick top followed by a rapid decline. Since April, the metric has now displayed this pattern four times, with the peak setting a slightly bigger record in each instance.
Considering this trend, it’s possible that the latest drawdown may also just be similar, and the 7-day average Hashrate would rebound before long. That said, in the scenario that the decline does elongate beyond the current point, which is already close to the low of the metric’s recent range, then it could potentially signal that a real shift may be taking place among the miners.
Generally, though, miners changing the Hashrate doesn’t impact the Bitcoin price, at least not directly. What a decline can signal, however, is distress among the group, which can force them into selling.
BTC PriceAt the time of writing, Bitcoin is floating around $105,100, down 0.3% in the last seven days.
Stablecoins Rise, Cards Fall: Experts See Big Tech Gaining In South Korea
South Korea is on the verge of setting clear rules for stablecoins. Lawmakers are moving fast. If passed, the Digital Asset Innovation Act could reshape how people pay for goods and services. It will also test the strength of banks and card companies.
High Capital Barriers For IssuersAccording to reports, any stablecoin issuer must hold at least ₩1 billion (about USD 720 258) in equity capital. That rule will leave small startups on the sidelines. Only big players or deep-pocketed firms will qualify.
The move comes as Democratic Party members on the National Assembly’s Political Affairs Committee prepare to roll out the bill next month. It aims to define stablecoins as “value-stable digital assets” and to lay down clear ground rules.
Pressure On Card CompaniesCard providers could feel the squeeze. Based on reports from New Daily Kyungjae, experts warn that stablecoins may weaken the payment base for credit cards. That could threaten the industry’s long-term health.
Card companies are already coping with a rising loan default rate of 1.93% in Q1, nearly brushing against the 2% danger mark. Three of the biggest firms—KB Kookmin, Hana, and BC Card—have already passed 2% this year. Those figures point to trouble if some transactions shift to tokens.
Bank Concerns RiseThe Bank of Korea isn’t sold on stablecoins. It has urged caution and warned that digital tokens might hurt the banking sector. If people start using stablecoins for daily spending, banks could lose fees and deposits.
According to the central bank, that could undercut commercial banking profits. Banks may have to rethink their plans or build their own digital services to keep customers.
Tech Firms Ready To ActWhile banks and card issuers fret, tech giants are lining up. Naver and Kakao have been working on blockchain projects for years. They see a chance to plug a won-backed token into their apps and services.
Hyundai HT and Hyundai Mobis are also watching closely. Other names on the list include Kocom, MediaZen, Kaon Media, and Bridgetec. Analysts suggest that a Naver stablecoin, linked with web3 services or even the Line chat app in Japan, could open new markets.
Speculation Hits Stocks And CryptoInvestors have already leapt in before the vote. Home-based crypto and stock markets are abuzz. The shares of companies that have been known to look at stablecoins have surged. That indicates growing enthusiasm. But it also comes with danger—if the legislation becomes stalled or altered, prices might reverse direction.
Featured image from Unsplash, chart from TradingView
Bitcoin Absorbs $66B In Profit-Taking From Recent Buyers – New Demand Keeps Price Stable
Bitcoin is once again at a critical juncture after reclaiming key levels above the $105,000 mark. Over the weekend, BTC experienced extreme volatility triggered by the US military’s strike on Iran’s nuclear facilities, sparking panic across global markets. However, yesterday’s announcement of a ceasefire between Israel and Iran brought relief, fueling a sharp recovery in Bitcoin’s price.
This week is expected to be decisive in determining Bitcoin’s short-term trajectory. While bulls have managed to regain control in the near term, uncertainty remains elevated due to global tensions and macroeconomic headwinds. On-chain data from CryptoQuant provides further insight into current market dynamics. Since mid-April, the Realized Cap of the 0–1 month age cohort has surged by $66 billion.
Despite this selling pressure, Bitcoin has held within a narrow range, suggesting that demand is strong enough to absorb recent profits. If bulls can build on current momentum, Bitcoin could be setting the stage for its next major move. All eyes are now on whether BTC can push beyond $109K to retest all-time highs.
Bitcoin Consolidates As Market Absorbs Profit-Taking PressureBitcoin recently faced intense volatility, plunging to $98,000 before staging a sharp rebound above the $105,000 mark. This recovery comes amid growing concerns about a potential double top formation, which has fueled bearish sentiment among market participants. Despite this psychological pressure, on-chain data continues to show a resilient market structure with no major warning signs of an imminent collapse.
According to top analyst Axel Adler, since April 13, the Realized Cap of the 0–1 month age cohort has increased by $66 billion. This metric reflects significant profit-taking activity from short-term holders who entered positions during the rally. Approximately 720,000 BTC have been sold during this period, adding substantial supply pressure to the market.
However, what’s notable is how Bitcoin has managed to absorb this selling volume without collapsing. Prices have remained largely within a narrow consolidation range, suggesting that buyers are stepping in to match the outflow. This kind of accumulation often signals strength beneath the surface, even when price action appears uncertain.
The broader market is now watching closely to see whether Bitcoin can maintain momentum above $105K and push toward retesting the $109K–$112K resistance zone. Until then, consolidation remains the dominant trend, potentially a calm before the next major move.
BTC Tests Resistance After Reclaiming $105KBitcoin’s 4-hour chart shows a strong rebound from the $98,000 lows, with the price currently hovering around $105,300. This move follows a sharp surge in buying momentum that pushed BTC above the key $103,600 support-turned-resistance level. The reclaim of this level, combined with a decisive close above the 50 and 100-period moving averages, signals renewed bullish interest.
Volume has also spiked significantly during the latest bounce, indicating real market participation and not just a short squeeze. However, BTC is now approaching a major confluence zone between $105,500 and $106,000, where the 200-period moving average and a recent horizontal resistance zone converge. This range has acted as a rejection area several times in June, and price action here will determine if BTC can aim for the next resistance at $109,300.
Until BTC breaks above $106K with strong volume, the broader market structure remains neutral to slightly bullish. The higher low formed during the bounce from $98K gives bulls some confidence, but confirmation will come only if price consolidates above the 200-MA and pushes toward the May highs.
Featured image from Dall-E, chart from TradingView
US FHFA to Study Use of Crypto Holdings in Mortgage Qualification Criteria
The Federal Housing Finance Agency (FHFA) in the United States is exploring whether crypto assets like Bitcoin and stablecoins could be considered part of the asset base used to determine mortgage eligibility.
The move could significantly impact how financial institutions assess creditworthiness, especially if cryptocurrency becomes formally recognized in the mortgage underwriting process.
SEC Rule Change Paves Way for Crypto IntegrationWilliam Pulte, the current director of the FHFA, announced via a post on X that the agency will study the use of cryptocurrency holdings in relation to mortgage qualification.
We will study the usage pf cryptocurrency holdings as it relates to qualifying for mortgages.
— Pulte (@pulte) June 24, 2025
If approved, this would represent a structural shift in the way traditional lending institutions integrate with digital asset markets. The FHFA regulates government-sponsored entities such as Fannie Mae and Freddie Mac, which play a central role in the US mortgage market.
Prior to this development, banks were limited in their ability to provide crypto-backed loans due to US Securities and Exchange Commission (SEC) guidance known as SAB 121.
This rule required publicly listed firms to report crypto held on behalf of clients as liabilities, making it capital-intensive for banks to handle these assets. However, this guidance was rescinded in January 2025, creating a regulatory opening for more expansive crypto integration into financial services, including mortgage lending.
Although crypto-backed mortgages already exist through niche financial companies, they are typically reserved for high-net-worth individuals or tech-savvy investors.
These offerings often involve borrowers securing loans in fiat currency while pledging digital assets as collateral, with strict requirements and the risk of margin calls if asset values fall.
If the FHFA moves forward with including digital currency in mortgage assessments, such services may become more accessible and could be offered by traditional banking institutions.
Potential Policy Implications and Changing Borrower ProfilesInclusion of crypto holdings in mortgage assessments could have broader implications for both borrowers and lenders. A report released in late 2024 highlighted a trend where some low-income households had been using profits from cryptocurrency investments to pay down mortgage debt.
The same report noted a marked increase in borrowing in areas with high levels of digital currency adoption, suggesting that digital assets are becoming a financial tool across a wider socioeconomic spectrum.
The FHFA has not yet outlined a timeline for implementing any changes, nor has it specified which cryptocurrencies might qualify as eligible assets. However, the agency’s willingness to explore such an option indicates a growing acceptance of digital assets in regulatory circles.
Future policy discussions are expected to focus on risk assessment, asset volatility, and standardized guidelines for valuation. Whether this leads to the emergence of crypto-integrated mortgage products from major US banks remains to be seen, but the discussion signals an evolving view of what constitutes viable wealth in modern finance.
Featured image created with DALL-E, Chart from TradingView
Bitcoin UTXO Model Signals A Shift – Buyers Return As Selling Pressure Fades
Bitcoin has experienced sharp volatility in recent days, driven by escalating and de-escalating geopolitical tensions in the Middle East. Over the weekend, BTC broke below the key $100,000 psychological level following reports of US military strikes on Iranian nuclear facilities, sparking panic among investors. However, sentiment swiftly shifted when news of a ceasefire agreement between Israel and Iran broke, triggering a strong rally. Bitcoin surged back above $105,000, highlighting the market’s hypersensitivity to global conflict headlines.
Supporting this recovery is data from the UTXO Block P/L Count Ratio Model by CryptoQuant, which offers insight into investor behavior. At the $112K peak earlier this month, the model recorded a spike to 34,000 points, signaling a wave of profit-taking as many holders sold into strength. Since then, the metric has plunged to just 216 points, suggesting that profitable selling has dried up, and a growing portion of transactions are now being realized at a loss.
This shift indicates that sellers have largely stepped aside, and buyers are beginning to take control at these lower levels. As long as Bitcoin maintains strength above $100K, the path forward could favor a more stable recovery.
Bitcoin Eyes Stability After Volatile SurgeBitcoin is once again at a pivotal moment, having surged more than 7% in under 25 hours to reclaim higher price levels above $105,000. While the bounce has renewed bullish hopes, Bitcoin remains firmly within the consolidation range that has defined price action since May. Despite the aggressive move, short-term direction remains unclear as global tensions—especially in the Middle East—and tightening macroeconomic conditions continue to inject volatility into the market.
Top analyst Axel Adler shared fresh insights that highlight a key shift in investor behavior. According to CryptoQuant’s UTXO Block P/L Count Ratio Model, when Bitcoin hit its $112,000 all-time high earlier this month, the model spiked to 34,000 points. This marked a wave of profit-taking, as many investors capitalized on peak valuations. However, the metric has since plummeted to just 216 points, indicating that profitable sales have virtually vanished and that more participants are now realizing losses.
This steep decline signals that sellers have largely exited the market, creating space for new buyers to accumulate at lower levels. The shift in behavior suggests that while downside risks still exist, a sharp price crash is less likely in the near term. With selling pressure cooling and long-term conviction returning, Bitcoin appears to be entering a more constructive phase.
BTC Holds Above Key Support Amid Rebound AttemptThe daily Bitcoin chart reveals a sharp bounce from the $98,200 low back toward the $105,000 region, reclaiming a critical support zone near $103,600. This level had previously acted as both support and resistance since March and is now a key battleground for bulls. Price briefly dropped below the 50-day simple moving average (SMA) but has quickly recovered above it, signaling renewed short-term strength.
The bounce also comes after Bitcoin tested the 100-day SMA (near $96,000), a historically reliable area of buyer interest during corrective phases. However, despite the bullish reaction, BTC has yet to reclaim the $109,300 resistance level that capped multiple rallies since early June.
The spike in volume on the most recent green candle suggests demand is returning at lower levels, validating on-chain data that indicated sellers are stepping aside. Still, Bitcoin remains in a broad consolidation pattern, and a failure to break above $109,300 would keep the current rangebound structure intact.
To signal a true trend reversal and renewed momentum toward all-time highs, BTC must close decisively above $109,300. Until then, traders should expect continued choppiness as macro uncertainty and geopolitical events weigh on short-term sentiment.
Featured image from Dall-E, chart from TradingView
The Satoshi Of XRP Returns: Ripple Co-Founder Suddenly Breaks 14-Year Silence
The XRP community is in shock following the emergence of Ripple’s co-founder, Arthur Britto, after a 14-year silence. Britto has been inactive on the X platform over these years but is known to have played a major role in Ripple and the XRP Ledger’s (XRPL) development.
Ripple Co-Founder Makes First-Ever Post On XArthur Britto made his first ever post on the X platform on June 23, despite joining the platform in August 2011. His post was simply a blank face emoji, which got the XRP community wondering what it might mean and why exactly the Ripple co-founder has returned now. Britto has cut a mysterious figure, despite co-founding the crypto firm alongside Jed McCaleb and Chris Larsen.
Following Britto’s first X post, Ripple Chief Technology Officer (CTO) David Schwartz confirmed that the Ripple co-founder wasn’t hacked or compromised. Well-known XRP Ledger Validator Vet also replied, saying ‘no way,’ expressing his shock at Britto’s remergence. Meanwhile, Pumpius, a prominent XRP community member, gave an overview of who Britto was.
In an X post, he first declared that the co-founder may be the “most important ghost in crypto history,” putting him ahead of Bitcoin founder Satoshi Nakamoto, who remains a mystery. Pumpius further stated that Britto helped build the XRP Ledger to help create a neutral bridge asset capable of handling global liquidity.
Arthur Britto is also said to have designed the 100 billion XRP supply cap and co-authored the XRP whitepaper before he then disappeared without any trace on social media. Away from Ripple and the XRP Ledger, Pumpius revealed that Britto now runs PolySign. The company is working on building institutional custody, and Ripple allegedly has ties to PolySign.
Community Members Raise Price AngleXRP community members also related Arthur Britto’s reemergence to the XRP price and what it could mean for the altcoin. Prominent community member Edo Farina said that the co-founder’s post has to be the “moon sign” that XRP holders have been waiting for, indicating that the price might soon surge.
Crypto influencer John Squire highlighted how the co-founder was the same person who once said that XRP was designed to reach $10,000. He then questioned if this was a coincidence or if something big was brewing. Squire went on to answer the question by highlighting how the XRP Ledger has recorded its highest transactions in four months this week.
He added that Britto’s appearance also coincides with “record on-chain volume, Ripple IPO rumors, and pre-bullrun conditions.” Based on this, he declared that the Ripple co-founder’s sudden burst into the scene is “not nothing” but most likely a pattern.
At the time of writing, the XRP price is trading at around $2.19, up over 7% in the last 24 hours, according to data from CoinMarketCap.
Short-Term Confidence Weakens: Bitcoin STH MVRV Dives Down With Market Swings
Bullish pressure is returning to the crypto market as Bitcoin, the largest digital asset, rebounded strongly after dropping below the $100,000 mark during the weekend. The recent pullback appears to have influenced the sentiment of short-term investors as indicated by a negative MVRV reading.
Bitcoin’s Short-Term Investors Turn CautiousWhile Bitcoin and the market are slowly turning green, several key metrics are still in a bearish state. A recent report from Glassnode, a world-leading financial and on-chain platform, highlights a negative trend among short-term BTC holders.
The Bitcoin short-term holder Market Value to Realized Value (MVRV) ratio has declined sharply. Specifically, this metric is frequently used to assess sentiment and profitability among more recent market participants.
Therefore, this notable drop in the key STH MVRV metric reflects the growing unease of recent investors due to the ongoing volatility of BTC’s price. It also points to weakening conviction sentiment among short-term holders.
Starting with the BTC Short-Term Holders Realized Price, Glassnode noted that the asset has persistently found support in the range since April. According to the platform, this range is also the cost basis of investors holding BTC for more than 155 days.
Even though this range has held strongly, the short-term holders’ MVRV is currently decreasing and is situated at just 0.03, a level that shows growing pressure on newer investors with only 3% unrealized gains.
It is worth noting that BTC Short-Term Holders Realized Price is currently positioned at the $98,100 price mark. During the weekend, Bitcoin retested this level due to the heightened volatility observed across the crypto market.
Even though recent corrections have rebounded close to this level, Glassnode noted that the Cost Basis Distribution indicates a denser supply slightly below, at about $97,000 to $98,000. In the meantime, this zone might serve as a true pivot in the following drawdown as pressure builds up on newer BTC holders.
Behavior Of BTC InvestorsIn another X post, Glassnode has outlined the current action of BTC investors following an analysis of the Bitcoin Supply By Investor Behavior metric. The metric is often used to determine the activity of investors, whether they are selling or holding.
Glassnode’s main area of focus in this crucial metric is the Loss Sellers, which is observed to have risen significantly in the past few days. Typically, this uptick in loss sellers signals increasing uncertainty and frustration among players who purchased BTC at higher price levels. Data from the platform reveals that this cohort has grown from 74,000 to 95,600, representing an increase of over 29% since June 10.
While pressure on weak hands has spiked, Conviction Buyers also witnessed a notable increase. A rise in Conviction Buyers suggests that sentiment is not collapsing. Presently, some are reducing losses while others are actively reducing their cost basis.
Palau Wraps XRP Ledger Stablecoin Audit: Here’s What Ripple Paid
Palau’s Office of the Public Auditor (OPA) has released the long-awaited performance audit of the government’s XRP-Ledger-based stablecoin pilot, confirming that Ripple Services Inc. funded the 25-month experiment with a single $25,000 payment and that just over half of that grant has been spent. The 12-page report closes the accounting on the Palau Stablecoin (PSC) project, which ran from 26 October 2021 to 27 November 2023.
Ripple’s $25K Grant Confirmed In Palau Stablecoin AuditThe audit documents show Ripple wired $25,000 into the National Treasury on 10 March 2023. Of that amount the Ministry of Finance (MOF) disbursed $14,035, mainly to reimburse three participating merchants—Surangel & Sons, Penthouse Hotel and King’s Minute Mart—for redeeming PSC tokens spent by 154 volunteer government employees, each of whom received an allocation of 100 PSC (one-to-one with the US dollar). The unspent balance of $10,965 remains in the Treasury pending a political decision on a potential second phase.
Ripple’s contribution was properly booked under the FY 2023 budget law (RPPL 11-24) and, in OPA’s words, “was properly accounted for and deposited into the National Treasury,” a finding that dispels earlier speculation that the grant bypassed normal budget channels.
OPA opened the probe at the request of Senator Mark Rudimch, whose Resources, Commerce, Trade & Development Committee raised questions in July 2023 about the programme’s constitutionality and financial controls. The audit therefore set two narrow objectives: whether the MOF had legal authority to partner with a private company and whether it followed Palauan law in doing so.
On substance, the auditors concluded the MOF “acted within its broad authority and did not violate its mandate,” but they flagged two procedural breaches. First, neither the original October 2021 memorandum of understanding nor the December 2022 Ripple Master Hosted Stablecoin Services Agreement was certified “for form and legality” by the Attorney General, as required by 40 PNC § 612. Second, the National Director of Program, Budget & Management did not certify fund availability when the services agreement was signed, a step mandated by 40 PNC § 401(b).
“The Republic of Palau cannot ascertain the form and legality of the agreements as intended by law,” OPA wrote, urging the MOF in a formal recommendation “to ensure that every government contract…is certified by the Attorney General before execution.”
The Ministry accepted the admonition, but in its written reply stressed that “agreements that do not bind the Republic are often acceptable without AG review,” adding that it had “consistently relied upon legal advice provided by the Office of the President’s legal staff.” On the budget-certification lapse, officials noted that certification did occur at the time of each disbursement and argued the grant was already covered under annual outside-assistance provisions. “Thank you for the findings, which are accepted as presented,” the MOF told auditors.
XRP Ledger Pilot Ended: What’s Next?Beyond the procedural fixes, OPA offered a nuanced verdict on the policy experiment itself. It praised the pilot’s design for exploring “technological solutions enabling the Ministry of Finance to manage the minting, distribution, redemption and destruction of PSC…recorded on the public XRP Ledger,” and it highlighted potential benefits for financial inclusion and lower transaction costs. Yet the report also cautioned that rolling out a circulating national stablecoin would require explicit legislation by the Olbiil Era Kelulau (Palau’s Congress); without such an act, any expansion “would be unlawful.”
For Ripple, the audit caps a three-year engagement whose cash outlay—$25,000—was modest compared with typical central-bank-digital-currency pilots. While the report makes no judgement on technical performance, it confirms that the XRP Ledger handled mint-and-burn cycles and retailer redemptions. For Palau’s policymakers, the next decision is whether to draft the legislation that would turn PSC from a proof-of-concept into legal tender—or to leave the remaining grant dollars unspent and the project on the shelf.
At press time, XRP traded at $2.1696.
Dogecoin Price Crash To Continue? Historical Data Shows When A Bottom Will Happen
Dogecoin has been under intense pressure in recent days, with its price sinking to a new local low of $0.14 after shedding more than 35% of its value over the past month. Despite intermittent bounces, Dogecoin’s price action has been relatively weak, and the meme coin is now retesting a long-term trendline drawn from the 2021 all-time high.
There have been speculations about how much longer this correction might last and when the next major reversal could begin. According to technical speculations by a crypto analyst, Dogecoin is still on track to register a new peak by August.
Estimating Dogecoin Top FormationCrypto analyst Javier, posting on the social media platform X, has drawn attention to Dogecoin’s past behavior in major bull cycles by showing a repeating pattern in how long Dogecoin typically takes to form both its bottoms and its tops. According to the chart and notes shared by the analyst, historical bottoms have often developed over 112 to 133 days, with an average of about 122 days.
Meanwhile, Dogecoin’s cycle tops have historically formed within 91 to 119 days, averaging around 107 days. These durations have been consistent across multiple cycles since 2017. This trend is visualized in the chart below, which highlights four different breakouts and corrections spanning from 2017 to the current cycle.
The data shows that DOGE is currently progressing through a similar phase. According to the analysis, Dogecoin had already dropped to a low of about $0.14 in April. Interestingly, despite the crash in the past 24 hours, Dogecoin seems to have respected this low.
The ongoing price action is now that of a movement towards a new peak, which should take an average of 119 days. More notably, the analyst noted that the maximum time it has taken for a top in any previous cycle is 119 days. If repeated, the analysis points to August 4, 2025, as a probable peak for the current leg of Dogecoin’s price action. This means a strong move to the upside may soon begin before the next reversal toward a new low. From where we are, the reversal should start between the next 14 and 49 days.
Reversal Window Between Mid-July And Early AugustThe analyst projects that if the current pattern holds true, the next meaningful reversal for Dogecoin could begin anytime from around 49 to 14 days before this projected August 4 top. This places the likely window for a price bottom and new peak between now and mid-July and early August.
The implication here is that the meme coin may still experience additional short-term downside or sideways movement before reentering a bullish trend. At the time of writing, DOGE is trading at $0.1642, up by 5.7% in the past 24 hours.
Fluence AI Roadmap: Delivering A Neutral Compute Layer for the Future of Intelligence With FLT
Fluence is building what centralized clouds cannot: an open, low cost and enterprise grade compute layer that is sovereign, transparent, and open to everyone.
2025 has started the way 2024 ended with cloud giants investing aggressively to dominate AI infrastructure. Microsoft is spending over $80 billion on new data centers, Google launched its AI Hypercomputer, Oracle is investing $25 billion into its Stargate AI clusters, and AWS is prioritizing AI-native services. Specialized players are scaling rapidly too. CoreWeave raised $1.5 billion in its March IPO and is worth over $70 billion currently.
As AI becomes critical infrastructure, access to compute power will be one of the defining battles of our era. While hyperscalers consolidate and centralize compute power by building exclusive data centers and vertically integrating silicon, networks like Fluence offer a radically different vision—a decentralized, open, and neutral platform for AI compute, tokenizing compute to meet AI’s exponential demand and having FLT as a RWA Tokenized compute asset.
Fluence is already collaborating with top decentralized infrastructure networks across AI (Spheron, Aethir, IO.net) and storage (Filecoin, Arweave, Akave, IPFS) on multiple initiatives, reinforcing its position as a neutral compute-data layer. To bring this vision to life, the roadmap for 2025–2026 focuses on the convergence of three key action areas:
1. Launching A Global GPU-Powered Compute LayerFluence will soon support GPU nodes across the globe, enabling compute providers to contribute AI-ready hardware to the network. This new GPU mesh will upgrade Fluence platform from CPU-based capacity into an additional AI-grade compute layer, designed for inference, fine-tuning, and model serving. Fluence will integrate container support for secure, portable GPU job execution. Containerization enables reliable ML workload serving and establishes critical infrastructure for future inference, fine-tuning, and agentic applications across the decentralized network.
Fluence will explore privacy-preserving inference through confidential computing for GPUs, keeping sensitive business or personal data private while helping reduce costs of AI inference. Using trusted execution environments (TEE) and encrypted memory, this R&D initiative enables sensitive workload processing while maintaining decentralization and supporting sovereign agent development.
Key Milestones:
- GPU node onboarding – Q3 2025
- GPU container runtime support live – Q4 2025
- Confidential GPU computing R&D track kickoff – Q4 2025
- Pilot confidential job execution – Q2 2026
Fluence will provide one-click deployment templates for popular open-source models including LLMs, orchestration frameworks like LangChain, agentic stacks, and MCP servers. The Fluence platform AI stack will be expanded with an integrated inference layer for hosted models and agents. This simplifies AI model deployment while leveraging community contributions and external development support.
- Model + orchestration templates live – Q4 2025
- Inference endpoints and routing infra live – Q2 2026
Fluence will introduce a new approach to network trust and resilience through Guardians—retail and institutional actors who verify compute availability. Rather than relying on closed dashboards, Guardians monitor infrastructure through decentralized telemetry and earn FLT rewards for enforcing service-level agreements (SLAs).
Guardians turn an enterprise-grade infrastructure network into something anyone can participate in—without needing to own hardware. The Guardian program is complemented by the Pointless Program, a gamified reputation system that rewards community contributions and leads to Guardian eligibility.
Key Milestones:
- Guardian first batch – Q3 2025
- Guardians full rollout and programmatic SLA – Q4 2025
AI is not just compute—it’s compute + data. Fluence is building deep integrations with decentralized storage networks like Filecoin, Arweave, Akave, and IPFS to provide developers with access to verifiable datasets alongside execution environments. These integrations will allow users to define jobs that access persistent, distributed data and run on GPU-backed nodes—turning Fluence into a full-stack AI backend that is orchestrated via FLT.
To support this, the network will offer composable templates and prebuilt SDK modules for connecting compute jobs with storage buckets or on-chain datasets. Developers building AI agents, LLM inference tools, or science applications will be able to treat Fluence like a modular AI pipeline—with open data, compute, and validation stitched together by protocol logic.
Key Milestones:
- Decentralized storage backups – Q1 2026
- Integrated dataset access for AI workloads – Q3 2026
With a roadmap focused on GPU onboarding, verifiable execution, and seamless data access, Fluence is laying the foundation for the next era of AI—one that will not be controlled by a handful of hyperscalers, but powered by a global community of cooperating and decentralized compute providers and participants
The infrastructure for AI must reflect the values we want AI to serve: openness, collaboration, verifiability and accountability. Fluence is turning that principle into a protocol.
Join the mission:
- Apply as a GPU provider
- Sign up for the Fluence Beta for Cloudless VMs
Start climbing the Pointless leaderboard and earn your way to Guardian status
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