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Share link:In this post: XRP can’t be officially and directly sold by institutions, but retail trading continues as usual. Lawyer Fred Rispoli says that the SEC and Ripple can settle on how XRP sales to institutions will be done in a way the SEC can live with. Ripple plans to further integrate XRP into institutional finance by buying Hidden Road for $1.25 billion.
Share link:In this post: Strategy is facing multiple lawsuits over $6B in unrealized Bitcoin losses and alleged investor deception. Executives are accused of insider trading before the public disclosure of accounting changes. Despite legal challenges, Strategy’s Bitcoin gains push its stock up 28% year-to-date.
Share link:In this post: Ethereum shows increased staking, whale buying, and locking tokens in DeFi protocols, leading to significant outflows of available ETH. Despite the scarcity and on-chain activity, ETH remains depressed under $2,500, still awaiting a breakout. ETH activity is picking up, with more bridged net inflows from other networks.
Share link:In this post: Bitcoin long-term holders added 800,000 BTC in a month, the highest accumulation rate ever recorded. The coins were bought between $95,000 and $107,000 and are now classified as long-term supply. ETFs pulled in $3.5 billion in inflows while megawhales sold slowly and dolphins absorbed supply.
Share link:In this post: Xiaomi reportedly received nearly 300,000 orders in one hour for its new YU7 electric SUV. Xiaomi touted its new YU7 electric SUV as a direct competitor to Tesla’s Model Y in China. Tesla is facing growing pressure as its sales in China drop 18%.
Share link:In this post: Nike shares rally 17% after beating subdued Q4 expectations. Pony.ai slides 4% amid Uber‐backed takeover talks while Uber’s own share dipped 3%. Crypto stocks dip while power generators climb on AI support news.
Share link:In this post: China is tying a tentative cognac minimum‐price deal to progress EU‐China electric vehicle tariff negotiations. If no agreement is reached by July 5, temporary anti‐dumping duties of up to 39% on European brandy could become permanent. EU tariffs of up to 45.3% on Chinese‐made EVs are being contested, with China using cognac as leverage to seek price‐commitment solutions.
- 19:2613 of the Top 25 U.S. Banks Are Developing Bitcoin Products for Their ClientsAccording to a report by Jinse Finance, citing crypto financial institution River, 13 out of the top 25 banks in the United States are developing Bitcoin products for their clients. At first, they ignored it, then they fought against it. Now, they are beginning to embrace Bitcoin.
- 18:41129.44 Trillion: Bitcoin Reaches All-Time High Mining DifficultyAccording to Jinse Finance, Bitcoin network difficulty increased by 1.42% last Friday at block height 909,216, making it more challenging to obtain block rewards. This adjustment pushed the difficulty to 129.44 trillion, setting a new all-time high for the network. Meanwhile, in 2025 so far, the difficulty has been adjusted 16 times. Since January 12, the difficulty has seen a slight increase of 0.61%. Of these adjustments, there were 11 increases, totaling a rise of 34.27%, and 5 decreases, totaling a drop of 16.54%. This means that Bitcoin mining difficulty has risen by 17.73% so far this year. The latest increase has also led to a slight decline in hash rate.
- 17:51Solayer Announces Upcoming Launch of Solayer Bridge (sBridge)Foresight News reports that Solayer has announced the upcoming launch of Solayer Bridge (sBridge). It supports bridging any Solana token, features instance bridge cap limits, a non-database design, and on-chain replay protection. It can operate statelessly and is highly optimized for SVM. Solayer Bridge (sBridge) is a cross-chain bridge based on SVM, specifically designed to securely transfer assets and execute cross-chain transactions between the Solana and Solayer environments.