Ethereum is gaining significant traction among institutional investors as ETF inflows surge and corporate treasuries increasingly adopt ETH for yield generation and strategic utility. Recent data reveals that Ethereum ETFs
Yesterday’s breakthrough to $112,000 was not a one-time thing, as the primary cryptocurrency has initiated another leg up in the past few hours and tapped a fresh peak at well over $113,000. Many altcoins have produced notable gains over the past 24 hours as well, with ETH climbing above $2,800 and DOGE shooting up by over 5.5%. BTCUSD. Source: TradingView BTC was stuck in a consolidation phase for weeks, with a lower boundary at $105,000 and an upper one at $110,000. However, the asset finally showed early signs of a potential breakthrough yesterday following Trump’s call for the Fed to reduce the interest rate by a historic percentage. This time, the $110,000 barrier couldn’t contain bitcoin, and the asset blasted through it with ease yesterday, popping up to a new all-time high at $112,000 amid growing demand from US investors. It retraced slightly today, but the bulls went back on the offensive hours ago, pushing the cryptocurrency to a new peak of over $113,000. With many altcoins posting impressive price increases over the past 24 hours, it’s no wonder that the overall liquidations within that timeframe have marked a multi-week high of $600 million. Naturally, shorts are responsible for the lion’s share, including this single position where a mysterious whale was wrecked for over $51 million. In the past hour alone, the liquidations have topped $80 million as BTC and most alts started to regain traction. Liquidation Heat Map. Source: CoinGlass The post Bitcoin Blasts to New ATH Above $113K, Leaving $600M in Liquidations appeared first on CryptoPotato .
Bitcoin's price surpassed $112,700, sparking altcoin growth. ETH targets $2,850, with potential highs up to $3,522. Continue Reading: Bitcoin Surges to New Heights as Market Awaits Its Limit The post Bitcoin Surges to New Heights as Market Awaits Its Limit appeared first on COINTURK NEWS .
Over 25% of Gen Z and Millennials expecting to receive inheritances say they won’t achieve long-term financial security without the help. In January, the Harris Poll surveyed 4,626 US adults on behalf of Northwestern Mutual. The poll shows 26% of Millennials and 30% of Gen Z respondents expect to receive an inheritance in the so-called “great wealth transfer.” Of the Millennial respondents expecting to receive inheritances, 33% said the gifts were “highly critical” and that they won’t achieve long-term financial security or be able to retire comfortably without them, compared to 28% for Gen Z. Additionally, another 36% of Millennials and 35% of Gen Z respondents rated their inheritances as “critical,” noting that they may not be able to realize long-term financial security without them. Northwestern Mutual notes that respondents from all generations demonstrated increased expectations for leaving an inheritance compared to the previous survey, while their expectations for receiving an inheritance fell. “As such, the gap between what Gen Z and Millennials say they expect in the way of an inheritance versus what their parents are actually planning to leave behind is narrowing. Notably, four in ten (39%) Gen Z adults say they plan to leave an inheritance or financial gift behind – more than any other generation.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post More Than 25% of Gen Z and Millennials Won’t Achieve Long-Term Financial Security Without Inheritance: Study appeared first on The Daily Hodl .
Interoperability continues to take shape as a critical component in blockchain infrastructure, and XRP has now taken a notable step forward in this direction. A recent post from XRPL validator Vet (@Vet_X0) revealed that approximately 124,000 XRP is currently bridged via Axelar’s interoperability network. This development marks a significant moment in XRP’s integration with broader blockchain ecosystems. Axelar’s platform is designed to connect dozens of independent blockchains through a decentralized network of validators and cross-chain gateways. This enables seamless token transfers and contract calls across otherwise isolated ecosystems. This partnership comes shortly after the announcement of an integration with Wormhole to boost interoperability. The involvement of XRP on these networks suggests a growing appetite for extending its relevance beyond the confines of the XRP Ledger (XRPL). ~124,000 XRP is currently bridged via Axelar interoperability solution. pic.twitter.com/BkQE9aJAHS — Vet (@Vet_X0) July 9, 2025 Expanding XRP’s Functional Reach The Axelar bridge was launched same time as the XRPL Ethereum Virtual Machine (EVM) Sidechain , ushering in a new era of interoperability for XRP. By bridging XRP to Axelar, holders and developers gain access to a wide array of decentralized applications (dApps) and services across more than 60 supported blockchains. These include popular platforms within the EVM ecosystem, Cosmos-based chains, and even Bitcoin Layer 2 networks. This expanded access opens up utility that XRP previously lacked in decentralized finance (DeFi), gaming, and smart contract environments not natively compatible with the XRPL. 124,476 XRP have been bridged through Axelar, and prominent community members expect this figure to rise. This integration has been in the works since 2024 . For developers building with XRP, this bridge enables the integration of cross-chain functionality directly into applications without resorting to centralized exchanges or unreliable manual bridging methods. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Improving Liquidity And On-chain Programmability XRP’s interoperability with Axelar also has implications for the distribution of liquidity. Once bridged, XRP can be deployed into liquidity pools, lending protocols, or used as collateral across different ecosystems. This move directly contributes to deepening market liquidity and attracting new user segments that traditionally operate outside of the XRPL. Axelar’s integration enables XRP to be used in conjunction with programmable smart contracts via the Axelar Virtual Machine (AVM). That means developers can write logic that includes XRP as an asset within multi-chain workflows, something not previously feasible without compromising decentralization or requiring wrapped token models managed by centralized custodians. XRP now has full web3 interoperability , and as it begins to interface more directly with ecosystems outside its native ledger, its adoption and relevance within the crypto space will increase. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Axelar Bridge Unlocks New Horizons for XRP Utility appeared first on Times Tabloid .
Coinbase has announced a partnership with artificial intelligence-powered search engine Perplexity AI to deliver real-time crypto data services. The collaboration, unveiled on Thursday by CEO Brian Armstrong, could improve the quality and accessibility of market information for digital asset traders by combining AI and blockchain technology. The first phase of the integration will use Coinbase’s proprietary market data, including its COIN50 index, into Perplexity’s data systems. It will be used to power crypto market analysis for traders to track price movements before taking positions. CEO Brian Armstrong said the collaboration is the beginning of a multi-phase strategy to embed crypto functionality more deeply into AI tools. “ Users can double click into price moves to help make better informed trade decisions ,” Armstrong posted on X. He added that the goal is to reach a point where crypto wallets are fully integrated into large language models (LLMs), which he called a “huge step towards a permissionless, digital economy.” Coinbase and Perplexity create AI-crypto fused market tracker In his X post, Armstrong said he was confident that the overlap between AI and crypto will deliver exponential value to both industries. “I expect enhanced crypto functionality will be a catalyst for AI to achieve another 10x unlock,” the 42-year-old business executive wrote. Perplexity CEO Aravind Srinivas also commented on the partnership via X, stating: “Excited to partner with Coinbase to bring in real-time crypto data into Perplexity Finance! We will begin to surface this directly into user queries shortly.” Excited to partner with @coinbase to bring in real time crypto data into Perplexity Finance! We will begin to surface this directly into user queries shortly. https://t.co/J1vPAsQFub — Aravind Srinivas (@AravSrinivas) July 10, 2025 The LLM has already commenced ingesting Coinbase’s market data, including the COIN50 index, to support its analysis tools. The second phase of the partnership will allow Perplexity to use Coinbase’s data to directly respond to user search queries. This will include a conversational interface to improve accessibility for retail and institutional users. The timing of the announcement is just a day after Bitcoin, the world’s largest crypto by market cap, surpassed $112,000 to hit a new all-time high. Market analysts believe that search traffic tends to spike during market bull runs, and there is now a relevance for real-time crypto data integrations like the one Coinbase and Perplexity are building. Coinbase taps Copper’s ClearLoop for off-exchange settlement In a separate development also announced earlier today, Coinbase revealed it has integrated with ClearLoop, an off-exchange settlement solution developed by London-based Copper. The new service will help institutional clients transact using crypto more flexibly in their trading operations . Through ClearLoop, institutions can manage collateral and settle trades in near real-time without transferring assets directly onto the exchange. The platform’s multiparty computation (MPC) technology allows institutional clients to control their funds in centralized exchange trading. It could also reduce counterparty risk and improve capital efficiency, two long-standing concerns for professional traders operating at high volume. ClearLoop’s MPC-based model allows users to trade virtual balances on exchanges while actual settlement happens through Copper’s infrastructure. According to Coinbase, there has been “high” demand for such infrastructure upgrades among clients who want to minimize the risks associated with moving large sums onto exchanges. “ Institutions want this functionality and flexibility because ClearLoop enables a jumpstep in the off-exchange settlement times ,” a Coinbase spokesperson said. “T his improves the user experience of managing collateral, reducing counterparty risk, and improving capital efficiency .” Ethena, a stablecoin protocol recognized for supporting the synthetic dollar USDe, has been named as one of the first partners to adopt the ClearLoop integration at launch. The service is regulated under the Bermuda Monetary Authority and is available only with USDC as the collateral asset. Coinbase promised to add support for additional assets in future updates. “ This significant integration with Coinbase International Exchange expands institutional access to rapid, secure off-exchange trading and settlement ,” said Amar Kuchinad, global CEO of Copper. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Key Takeaways: Cardano Foundation held $659.1 million in assets at the end of 2024. 76.7% of assets were in ADA, 14.9% in BTC, and 8.3% in cash or equivalents. $22.1M was allocated to ecosystem growth, with $7.1M for internal operations. The Cardano Foundation disclosed its financial allocations and asset composition in its 2024 Financial Insights Report, published on-chain on July 10. Just published: Our 2024 Financial Insights Report, fully on-chain using Reeve. Highlights: • $22.1M allocated across adoption, education, and resilience • $659.1M in assets (as of 31 Dec 2024) • 17.1M $ADA earned via staking Explore the report: https://t.co/NwKl4oEw3C — Cardano Foundation (@Cardano_CF) July 10, 2025 As of December 31, 2024, the Foundation reported total assets of $659.1 million. Of this, 76.7% was held in ADA, 14.9% in Bitcoin, and 8.3% in cash, cash equivalents, or other financial instruments. Cardano Foundation Releases 2024 Financial Report The report states that staking rewards from ADA holdings accounted for most of the organization’s income last year, totaling 17.1 million ADA from 599.2 million ADA held. The Foundation allocated $22.1 million across three functional areas—operational resilience, education, and ecosystem adoption. Another $7.1 million went toward internal operations, including governance, infrastructure, legal, and finance. Core initiatives included support for the Chang hard fork, compatibility with the Inter-Blockchain Communication Protocol, and funding for PRAGMA, an open-source collective. The Foundation also backed programs like the Cardano Blockchain Certified Associate and partnerships with Petrobras and Universidad Tecnológica Nacional. In terms of adoption efforts, the Foundation reported use case pilots such as a digital ballistic ID system and a real estate registry collaboration with Tokenance and YurekAI. The report emphasized traceability of expenditure by storing all disclosures directly on-chain. No forward-looking budget or projected ADA liquidation schedule was included. While ADA remains the primary asset, the Foundation’s BTC position represents partial diversification into liquid and established cryptocurrencies. Charles Hoskinson Suggests Bitcoin for Treasury In June 2025, Charles Hoskinson proposed converting $100 million of ADA into stablecoins and Bitcoin to improve Cardano’s liquidity and support DeFi growth. He said the sale could be handled off-market to avoid price disruption. He also suggested a sovereign-style fund managed by a governance board and third-party asset managers. This marked a shift from the 2024 treasury strategy, which focused solely on ADA holdings. Protocol treasuries are starting to diversify beyond native tokens to manage volatility and increase liquidity options. Some networks now include BTC or stablecoins to support spending flexibility without relying solely on internal assets. Cardano’s asset mix, and the 2025 proposal to add more external holdings, adds to this shift . It raises questions around risk control, governance structure, and transparency when treasury assets are no longer limited to a single token ecosystem. Frequently Asked Questions (FAQs) Why is Bitcoin included in Cardano’s treasury? Bitcoin provides liquid and widely traded reserves, offering diversification outside ADA and aligning with broader multi-asset treasury trends. How might treasury diversification affect Cardano’s governance? Introducing Bitcoin or stablecoins may require updated governance frameworks, including third-party oversight or new voting mechanisms to manage multi-asset strategies. What distinguishes Cardano’s treasury management from other protocols? While many protocols hold their native tokens exclusively, Cardano has disclosed a substantial BTC position and is considering formal proposals to expand this approach. The post Cardano Foundation Reports $659M in Assets With 15% in Bitcoin appeared first on Cryptonews .
Bitcoin has surged to a new all-time high above $112,000, fueled by President Trump’s renewed calls for the Federal Reserve to cut interest rates. The cryptocurrency market is experiencing a
Imagine a well-established Bitcoin miner, known for its deep roots in the proof-of-work world, suddenly making a monumental leap into the fast-paced, proof-of-stake ecosystem of Solana. This isn’t a hypothetical scenario; it’s precisely what China’s prominent Bitcoin miner , BIT Mining (BTCM), has announced. The company is setting its sights on a significant expansion into the Solana (SOL) network, with ambitious plans to raise between $200 million and $300 million to establish a dedicated SOL treasury . This strategic pivot signals a fascinating evolution in the cryptocurrency landscape, prompting us to ask: What drives such a shift, and what could it mean for the future of crypto investment ? BIT Mining’s Strategic Shift: A New Horizon For years, BIT Mining has been synonymous with large-scale Bitcoin mining operations. Their infrastructure and expertise have been honed in the demanding world of securing the Bitcoin network. However, the recent announcement on their official website marks a clear intention to diversify and embrace new opportunities. The core of this initiative is to leverage their existing capabilities to support the Solana network, which is known for its high throughput and low transaction costs. By building a substantial SOL treasury , BIT Mining aims to not only strengthen its financial reserves but also actively participate in the growth and development of the Solana ecosystem through ongoing acquisitions of SOL tokens. This move highlights a growing trend among crypto-native companies to expand beyond their initial core competencies and explore adjacent, high-growth blockchain sectors. Why Solana? The Appeal of a Robust SOL Treasury The decision to focus on Solana is not arbitrary. Solana has rapidly emerged as a leading blockchain platform, often touted as an “Ethereum killer” due to its scalability and speed. Its vibrant developer community, growing DeFi (Decentralized Finance) landscape, and burgeoning NFT (Non-Fungible Token) market make it an attractive destination for significant capital deployment. For BIT Mining, establishing a substantial SOL treasury offers several compelling advantages: Diversification: Moving beyond a single asset (Bitcoin) reduces risk and opens up new revenue streams. Ecosystem Participation: Holding SOL tokens allows BIT Mining to actively participate in Solana’s governance, staking, and dApp ecosystem, potentially generating yield. Growth Potential: Solana’s rapid adoption and technological advancements present significant upside potential for the value of their SOL holdings. Infrastructure Leverage: While different from Bitcoin mining, the company’s experience in managing large-scale hardware and data centers could be adapted to support Solana validators or other network services. This strategic move by a major Bitcoin miner like BIT Mining underscores the increasing maturity and interoperability of the blockchain space, where companies are no longer confined to a single blockchain but seek to capitalize on the strengths of multiple networks. What Does This Mean for the Bitcoin Miner Landscape? BIT Mining ‘s pivot raises important questions about the future of traditional Bitcoin mining. Is this an isolated incident, or does it signal a broader trend? While Bitcoin mining remains a lucrative industry, it faces increasing challenges related to energy consumption, regulatory scrutiny, and diminishing block rewards over time. Companies like BIT Mining, with their foresight, might be recognizing the need to adapt and explore new avenues for growth and profitability. This shift could inspire other large-scale mining operations to consider diversifying their portfolios beyond just Bitcoin. Imagine a scenario where mining companies evolve into comprehensive blockchain infrastructure providers, supporting multiple networks. This could lead to: Increased capital flow into alternative layer-1 blockchains. New business models for existing mining firms. Greater integration between different blockchain ecosystems. It’s a fascinating evolution that suggests the term “ Bitcoin miner ” might soon encompass a much broader range of activities. Navigating Crypto Investment Opportunities: A Diversified Approach For investors, BIT Mining ‘s decision serves as a powerful case study in the importance of diversification within the volatile crypto market. While Bitcoin often dominates headlines, the rapid innovation in altcoins and new blockchain paradigms offers compelling crypto investment opportunities. A treasury strategy, as adopted by BIT Mining, involves not just holding assets but often actively managing them to maximize returns and minimize risk. This can include staking, lending, or participating in DeFi protocols. Such sophisticated treasury management goes beyond simple HODLing and reflects a more institutional approach to crypto assets. This development encourages individual and institutional investors alike to look beyond the dominant narratives and explore the vast potential across the entire crypto spectrum. Understanding the fundamentals of different blockchains, their use cases, and their ecosystem growth becomes paramount for informed crypto investment decisions. The Future of Crypto Treasury Management with Solana The concept of a corporate SOL treasury , or any significant crypto treasury for that matter, is becoming increasingly common. Companies are recognizing that holding digital assets can be a strategic advantage, offering liquidity, diversification, and potential appreciation. BIT Mining’s move to build a $200-$300 million SOL treasury is a bold statement, reflecting confidence in Solana ‘s long-term viability and the potential for substantial returns. This trend suggests a future where companies, regardless of their primary industry, might hold a diverse portfolio of digital assets as part of their balance sheet, moving beyond traditional fiat-only reserves. This could pave the way for more sophisticated financial products and services tailored to corporate crypto treasuries, further legitimizing digital assets as a fundamental component of modern finance. Concluding Thoughts: A Bold Step Forward BIT Mining ‘s strategic shift to embrace Solana and build a substantial SOL treasury is more than just a company announcement; it’s a bellwether for the evolving crypto industry. It highlights the growing interoperability between blockchains, the increasing importance of diversification for established crypto entities, and the continuous search for new growth frontiers. As a major Bitcoin miner takes this ambitious leap, it reinforces the idea that innovation and adaptability are key to thriving in the dynamic world of digital assets. This move by BIT Mining could inspire a new wave of strategic alliances and diversified investments, shaping the future of crypto investment for years to come. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin and Solana price action.
Bitcoin is flying again, setting a fresh record above $112,000 after President Trump urged the Fed to again lower interest rates.