Top expert raises red flag for Bitcoin "gold" rush, here's why
The House Ways and Means Committee and the Senate Banking Committee are set to hold separate hearings on the digital assets market on Wednesday, July 9, following the completion of President Trump’s major tax and budget bill. Congress now appears ready to take serious steps toward regulating the crypto industry. House Speaker Mike Johnson has designated the week of July 14 as “Crypto Week,” during which the House will consider a series of bills focused on market structure and stablecoins. Beyond the House and Senate hearings, a handful of key developments could steer the future of US crypto policy. The Senate Banking Committee will put out a discussion draft this week to reform market structure based on the 2023 Lummis-Gillibrand Responsible Financial Innovation Act and as related to provisions in the House’s CLARITY Act . The US House develops strategies to focus mainly on the crypto market The House hearing scheduled for Wednesday is titled Ensuring Digital Asset Policy Built for the 21st Century. According to information from the committee’s website, it will focus on what needs to be done to create a tax policy framework for digital assets. As of Sunday last week, there was no list of witnesses available. Meanwhile, the Senate hearing is titled Building Tomorrow’s Digital Asset Markets. It will include Blockchain Association CEO Summer Mersinger, Chainalysis CEO Jonathan Levin, Paradigm general partner Dan Robinson, and Ripple CEO Brad Garlinghouse as witnesses. This committee will discuss liquidity systems, how digital assets are held securely, and whether stablecoins are properly backed. As part of “Crypto Week,” House Republicans are preparing to bring two major crypto-related bills to the floor for a vote: the CLARITY Act and the GENIUS Act , Johnson said. The CLARITY Act, which received approval from two House committees, would create clear authority boundaries between the SEC and the Commodity Futures Trading Commission (CFTC) regarding various digital assets. The bill is intended to ease regulatory uncertainty surrounding digital assets that have largely kept Wall Street banks and institutional investors on the edge of cryptocurrency trading. The GENIUS Act, which received approval from the Senate in June, provides a regulatory mechanism for issuing and trading dollar-pegged stablecoins. With the bill presented straight to the House floor, Speaker Johnson is circumventing standard committee procedure, with which amendments to the GENIUS Act can be proposed and voted on. Trump’s crypto ties raise concerns among individuals While both the GENIUS Act and the CLARITY Act had started with bipartisan backing, Democrats in the House and Senate later expressed strong concerns about their approval after President Trump and the Trump family received immense amounts of money through dealing with crypto tokens and stablecoins that a lot of people thought were illegal or corrupt. On the other hand, the Republican majority in both chambers turned down amendments that would have prevented the president and other high-ranking federal officials from trading cryptocurrencies privately while they were in office. Still, if the GENIUS Act passes the House, it would go to President Trump’s desk, and this will open the door for banks, non-bank financial technology companies, and large retailers to be free to issue their own stablecoins and offer the services that consumers use to access their stablecoins. The Senate has not yet discussed the CLARITY Act and is considering its plans for handling the digital asset market. The Trump administration’s Working Group on Digital Asset Markets is set to publish its first significant report on crypto by July 22, with David Sacks and Bo Hines in the lead seats. The report, which Acting CFTC Chair Caroline Pham has likened to a “crypto roadmap,” is anticipated to put forth regulatory and legislative suggestions, which could include proposals for a strategic Bitcoin reserve, better banking access for crypto companies, and the establishment of a national digital asset stockpile. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
A recent update from crypto analyst Edo Farina has stirred conversation in the XRP community by revealing that holding just 2,486 XRP is enough to place an investor among the top 10% of all XRP holders. The finding offers a fascinating glimpse into XRP’s distribution and highlights how relatively low the barrier to elite ownership still is, especially compared to traditional asset classes. The XRP Distribution Landscape XRP, with a fixed total supply of 100 billion coins, currently has a circulating supply of approximately 56 to 64 billion. While millions of wallet addresses hold XRP, the number of actual individual holders is far lower. Many investors operate multiple wallets—for exchanges, staking, or cold storage—resulting in a skewed impression of overall distribution. Data shows that holding 2,486 XRP—about $6,800 worth at current prices- is enough to qualify for the top 10% of all holders. To be in the top 5%, one needs just 8,762 XRP, while the top 1% starts at around 50,000 XRP . Only a few hundred wallets, roughly 657, hold over 5 million XRP, underscoring the high concentration at the very top. XRP Rich List Update: You need 2,486 $XRP to be on the TOP 10% Full Video: https://t.co/LuOXxnbnV6 pic.twitter.com/FVAFRx8ovf — EDO FARINA 🅧 XRP (@edward_farina) July 6, 2025 These figures reveal that XRP’s wealth distribution remains top-heavy, yet still offers strategic entry points for smaller retail investors to gain substantial exposure. Strategic Implications for Investors While being in the top 10% doesn’t make one a whale, it does represent a meaningful share of the network. Edo Farina notes that accumulating 10,000 XRP or more puts investors in an even more exclusive category, offering long-term benefits as the asset’s ecosystem matures. These include potential staking rewards, institutional lending yields, and significant appreciation should XRP achieve wider adoption as a global settlement token. Given XRP’s low transaction fees, fast settlement times, and expanding utility, many analysts believe its real value lies in enterprise-level infrastructure and cross-border liquidity, not speculative trading alone. That view is further reinforced by Ripple’s growing network of financial partners and recent strides toward becoming a licensed U.S. banking entity . We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Bigger Picture XRP’s rich list also serves as a mirror of broader crypto trends. Compared to Bitcoin and Ethereum, XRP has a more consolidated distribution, largely due to significant holdings by Ripple, founders, and centralized exchanges. Yet for retail investors, the opportunity to enter the upper echelons of XRP ownership remains accessible, for now. As XRP adoption expands, particularly through Ripple’s institutional partnerships, the thresholds for top-tier ownership are likely to rise. That means today’s modest holder could, in time, find themselves climbing the ranks without adding a single token, just by holding steady. Edo Farina’s update is more than just a statistic. It’s a reminder that in this evolving financial era, even relatively small investments in high-utility assets like XRP can offer outsized positioning within the ecosystem. For those watching from the sidelines, this could be the ideal moment to act. For those already in, it’s a reaffirmation of where they stand in a rapidly growing digital economy. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post XRP Rich List: Here’s How Much XRP You Need to Join Top 10% Holders appeared first on Times Tabloid .
BitcoinWorld Explosive Digital Asset Inflows: CoinShares Report Reveals Record $1.03 Billion Surge Are you keeping an eye on the pulse of the crypto market? If so, prepare for some exciting news! The latest CoinShares Report has just dropped, revealing a monumental week for digital asset investments. We’re talking about a staggering $1.03 billion in Digital Asset Inflows , a figure that not only highlights robust investor confidence but also propels the total assets under management (AuM) to an unprecedented $188 billion. This isn’t just a number; it’s a testament to the growing institutional appetite and mainstream acceptance of cryptocurrencies. Understanding the Latest CoinShares Report: A Snapshot of Market Health The weekly Digital Asset Fund Flows report by CoinShares is a critical barometer for institutional engagement in the crypto space. It tracks capital movements into various Crypto Investment Products , offering invaluable insights into market sentiment and trends. This recent report paints a decidedly bullish picture, with the vast majority of inflows concentrated in the United States, which alone accounted for $1 billion. While North America dominated the positive sentiment, it’s worth noting that some regions, specifically Canada and Brazil, experienced outflows, suggesting a nuanced global investment landscape. Key Takeaways from the Report: Total Inflows: $1.03 billion injected into digital asset investment products. Record AuM: Assets under management soared to an all-time high of $188 billion. Geographical Focus: The U.S. led the charge with $1 billion in inflows, indicating strong domestic institutional interest. Regional Divergence: Canada and Brazil saw outflows, highlighting varying regional market dynamics. Why Ethereum Outperforms Bitcoin in Recent Inflows While Bitcoin (BTC) often grabs the headlines, the CoinShares report brings an intriguing development to light: Ethereum (ETH) has consistently outperformed Bitcoin in terms of weekly inflows over the past 12 weeks. Ethereum averaged 1.6% in weekly inflows, significantly higher than Bitcoin’s 0.8%. What could be driving this trend? Ethereum’s robust ecosystem continues to be a magnet for capital. Its foundational role in decentralized finance (DeFi), non-fungible tokens (NFTs), and various blockchain applications makes it more than just a digital currency; it’s a programmable platform. Investors might be increasingly recognizing ETH’s potential beyond a simple store of value, viewing it as an investment in the future of decentralized technology. This sustained performance indicates a growing diversification within institutional portfolios, moving beyond just Bitcoin to embrace the broader altcoin market, especially those with strong utility and development. The Significance of Record AuM: What Does $188 Billion Mean? The achievement of a Record AuM of $188 billion is more than just a numerical milestone; it’s a powerful statement about the maturity and increasing acceptance of digital assets in traditional finance. This figure represents the total value of assets managed by various investment products like ETPs (Exchange Traded Products) and trusts, reflecting the scale of institutional and professional investor participation. Implications of Record AuM: Institutional Validation: A higher AuM signals growing confidence from large financial entities, legitimizing digital assets as a viable asset class. Market Liquidity and Stability: Increased institutional capital can contribute to deeper liquidity and potentially reduce volatility in the long term. Infrastructure Growth: The influx of capital often fuels further development in regulatory frameworks, custody solutions, and trading platforms, creating a more robust ecosystem. Mainstream Integration: As more traditional investment vehicles embrace crypto, it paves the way for broader public access and understanding. Navigating the Future of Crypto Investment Products The impressive Digital Asset Inflows highlighted by the latest CoinShares report underscore a pivotal moment for the cryptocurrency market. While the benefits of institutional adoption are clear—increased capital, enhanced legitimacy, and infrastructure development—challenges remain. Regulatory uncertainties, market volatility, and the need for greater investor education are ongoing hurdles that the industry must address. For investors, these trends offer actionable insights. Observing which assets attract the most inflows can help in understanding market sentiment and potential future growth areas. The consistent performance of Ethereum, for instance, suggests a strong belief in its ecosystem’s long-term value. Similarly, the dominance of U.S. inflows points to the significant role of American financial markets in shaping global crypto trends. In conclusion, the latest CoinShares report is a resounding affirmation of the growing institutional interest and confidence in digital assets. The record AuM and significant inflows, particularly into Ethereum, signal a dynamic and evolving landscape. As the market continues to mature, we can expect more sophisticated investment products and greater integration into traditional finance, making digital assets an increasingly undeniable force in the global economy. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset institutional adoption. This post Explosive Digital Asset Inflows: CoinShares Report Reveals Record $1.03 Billion Surge first appeared on BitcoinWorld and is written by Editorial Team
Can traders expect correction from Bitcoin (BTC) over next few days?
TL;DR One well-known crypto trader sold TIA, ONDO, and other holdings to chase major gains in the meme coin niche – a move that sparked both support and skepticism across the crypto community. Despite Bitcoin’s dominance above 64%, some analysts believe an altseason is near, with low-cap tokens such as HNT and ONDO expected to lead the charge. Cashing Out While talk of an upcoming altseason continues to buzz across the crypto space, popular X user Crypto Beast has decided to offload some of their bags. The trader revealed the sell-off occurred on July 7 and included the tokens Celestia (TIA), Ondo (ONDO), Ethena (ENA), Quant (QNT), and Pyth Network (PYTH). It is worth mentioning that all of the aforementioned have posted some gains on a 24-hour scale. TIA leads the charge with a spike of around 10%, while the rest have recorded more modest increases. The crypto enthusiast claimed the sold altcoins have utility but questioned whether this is needed in the space. “They’re good for one thing: making VCs richer,” they added. Crypto Beast has now shifted focus to hunting meme coins with 100x potential. Some X users commenting on the post supported the decision, stressing the importance of profit-taking. Others, though, wondered why the trader would prioritize meme coins, considering the hype for these tokens had significantly reduced in the past several months. Recall that the sector was booming towards the end of last year, with its total market cap surging past $120 billion. Currently, the capitalization stands at less than $60 billion (per CoinGecko’s data). Was This the Right Time? Bitcoin (BTC) continues to outperform its rivals, and as of this writing, its market dominance is beyond 64%. However, multiple industry participants believe the altcoins have yet to catch up with the biggest cryptocurrency and steal the show. BTC Dominance, Source: CMC X user Chiefy predicted that the next altcoin “super-cycle” will start in July. “This time, low caps will pump 175x and ignite the most powerful altseason,” they forecasted. The analyst thinks Sui Network (SUI), Helium (HNT), Render (RENDER), Filecoin (FIL), and Ondo (ONDO) are among the top contenders for explosive rallies. It’s worth noting, though, that SUI should not be placed in the same ‘low-cap’ category, as it’s the 15th-largest cryptocurrency with a market cap of over $10 billion. Carl Moon – an X user with over 1.5 million followers – chipped in, too. He claimed that the altcoins “will go parabolic” once the combined market capitalization of all digital assets (excluding BTC and ETH) soars above $1.15 trillion. Currently, the figure stands well below $1 trillion. The post Popular Trader Dumps 5 Altcoins to Focus on Meme Coins With 100X Potential appeared first on CryptoPotato .
European corporations are significantly expanding their Bitcoin treasuries, signaling growing institutional confidence in cryptocurrency assets amid favorable market conditions. France’s The Blockchain Group and the UK’s Smarter Web Company recently
BBVA’s groundbreaking integration of Bitcoin and Ethereum trading directly into its mobile banking app marks a pivotal moment for crypto adoption in Spain. This initiative simplifies access to digital assets
Crypto charts are glowing green. The total crypto market cap has exploded to $3.36T on the daily chart, riding a whopping 40% surge in trading volume. Bitcoin’s already crossed $109K and looks set to break its previous all-time high of $111,970 any moment now. Altcoins aren’t sitting out either. Bonk pumped high in a day to $0.00002320 , and Floki leapt by 10% , joining $BTC on the rocket ride. What’s Fuelling the Crypto Fire? Bitcoin has clawed back its weekly losses and now sits at a $2.15T market cap. Across the board, crypto added $92B in just one day, pushing the total market cap to $3.35T. If this level holds, it could set the stage for a new leg up. Meanwhile, political winds are shifting in crypto’s favour. Elon Musk has announced the formation of the ‘America Party’ on X, a move to shake up the two-party system. When asked if he would support crypto, the answer was remarkably positive for the market . Bitcoin’s 24-hour technicals also paint a bullish picture, 13 out of 25 major indicators flashing green, including 12 strong buy signals from moving averages. Indicator Value Signal What It Means Exponential Moving Average (10) 108,112.54 Buy BTC is trading above this average, showing strong short-term potential. Exponential Moving Average (200) 96,464.53 Buy Long-term outlook remains bullish, with price well above this level. MACD Level (12, 26) 964.38 Buy Indicates a growing bullish picture; recent buying pressure is dominant. Stochastic RSI Fast (3,3,14,14) 76.29 Neutral Close to being overbought. It reflects active trading and market confidence. Relative Strength Index (14) 57.08 Neutral Market is balanced: plenty of room left for upward movement. With both macro sentiment and meme mania aligned, July could end up being crypto’s wildest month of the year. 1. Bitcoin Hyper Rides the Bitcoin Momentum As Bitcoin pushes into six-figure territory, strategic investors are stocking up on a new altcoin. Built on the Solana Virtual Machine, Bitcoin Hyper ($HYPER) is a Layer 2 project that transforms Bitcoin from slow and expensive to lightning-fast and DeFi-ready. Users can bridge $BTC into the Hyper ecosystem to unlock instant transactions, meme coins, staking rewards, and more without sacrificing security. It’s Bitcoin, but turbocharged. With over $2M raised in its presale and rewards yielding up to around 394% APY, Bitcoin Hyper is going viral. The token does more than just sit in a wallet. It fuels apps, trading, governance, and cross-chain action. As Bitcoin reclaims market dominance, $HYPER could be the engine that drives its next evolution. 2. Token6900 Launches Presale, Takes Off TOKEN6900 ($T6900) isn’t another altcoin trying to change the world. Refreshingly, the meme coin makes no effort to pretend. It has no AI buzzwords. No fake roadmaps. $T6900 is built for the chronically online and proudly pointless. It ditches utility in favour of pure satire, wrapped in early 2000s nostalgia and ’69’ energy. The presale is live, with 80% of the supply up for grabs and a hard cap of $5M. The token is being compared to SPX6900, which has recorded 51,739,000% growth since its launch and over 10,300% in a year. The project has no plans to track anything except collective delusion. Now in the early stages of its presale, Token6900 is available for heavily discounted prices. With each new stage, the token price will climb up and the staking APY will decline, promoting early participation. 3. FLOKI’s Back on the Radar FLOKI’s another altcoin riding the wave of bullish market energy. Technical indicators are leaning bullish, which could pave the way for FLOKI to stretch its legs into a bigger rally. But the breakout isn’t confirmed yet. If it fails to breach resistance, a dip to the $0.00008172 support zone could be on the cards. Still, with the meme coin narrative heating up again and Floki’s strong community backing, traders are watching it closely. Is the Crypto Super Cycle Close? With a pro-crypto regulatory shift and rising institutional appetite, signs of another super cycle are starting to show. But this time, investors aren’t sticking to the usual suspects like $BTC, $ETH, $SOL, or $BONK. There’s a noticeable shift to low-cap players like Bitcoin Hyper ($HYPER) and Token6900 ($T6900), still available at entry-level prices in their ongoing presales. With interest picking up, early buyers are jumping in before the next price hike. However, as always, investors should do their own research before buying presale coins. They might have moon-shot potential, but they’re also wild rides.
French company The Blockchain Group and the UK-based Smarter Web Company each boosted their corporate Bitcoin treasuries on Monday with multimillion-dollar BTC purchases.