Retail sales in Britain surged in June, giving the clearest indication yet that the British economy is starting to gain traction after months of dismal performance. Overall retail sales rose 3.1% compared with a year ago, the British Retail Consortium (BRC) said. The upturn was largely the result of warmer weather, which had prompted Britons to spend more on electric fans, sports, and leisure equipment. The bright weather also moved consumers out of doors, increasing spending on seasonal goods . The BRC’s Chief Executive, Helen Dickinson, said that food and non-food performances were good. “Retail sales heated up in June, with both food and non-food performing well,” she said. “Food sales remained strong, though this was partly driven by food inflation, which has risen steadily over the year.” Food sales alone rose 4.1% while non-food purchases rose 2.2%, overturning the retail sector’s drag on gross domestic product in May. Economic uncertainty and increased cost of living have made consumers tighten their belts this month. Businesses regain confidence The increase in retail spending is the latest in a series of indicators that point to the possibility that the UK economy is recovering after a weak spring. The economy shrank in April and May, the first consecutive contraction in economywide activity since 2009, as the country reeled from a combination of domestic and international forces, ranging from newly imposed tariffs by the United States to a hike in corporate taxes, and a national minimum wage that was raised that prompted businesses to pare back hiring and payroll costs. But the climate for business is improving. A purchasing managers’ index (PMI) published earlier this month indicated that private sector activity expanded quickly by nine months in June. That is for all of manufacturing and services. At the same time, a recent Bank of England survey showed that companies are ready to start taking on new staff again, which is good news for employment and consumer spending in the future. The survey found that companies planned to add to payrolls in the next 12 months by 1.1%, a sharp rebound compared to how cautiously the nation’s businesses began the year. Research fellow Paul Dales said in a note to investors that there was evidence to suggest the worst of the economic downturn had passed and that conditions were likely to improve. He added that although the recovery remained tentative, recent data indicated that confidence was returning in key sectors of the economy. Starmer leverages retail bounce for political relief The brighter economic horizon could not have come at a better time for Prime Minister Keir Starmer, who has been under pressure to produce results soon after assuming office . His administration has its hands full: from cost-of-living complaints to low productivity and slow growth. The recovery in retail sales, rising business confidence, and better labor market expectations offer a respite. It could give his administration the political room it requires to launch new reforms and investment plans without overshadowing a worsening recession. However, caution still abounds; amid ongoing global uncertainty, rising food prices, and potential interest rate changes from the Bank of England, economists said the trend indicates the UK could miss a prolonged recession. For Starmer, it may represent a narrow window of opportunity to cement public backing and stabilize the economy. Should these green shoots continue to flourish during the remainder of the summer and into the autumn, the UK could end 2025 with a stronger base for its economy than many dared to believe possible earlier this year. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Solana has witnessed a notable surge in activity over the past week, fueled by a combination of heavy asset inflows and a renewed focus on older meme coins that continue to dominate trading volumes and investor interest. According to on-chain data from Artemis and deBridge, more than $125 million worth of assets have been bridged into Solana from other blockchains in the last seven days. REPORT: In the last 7 days, over $125 million bridged from other chains to @Solana , including $70 million+ from Ethereum alone. (A growth of nearly 40% compared to last week) pic.twitter.com/jMVTiJZ8jr — SolanaFloor (@SolanaFloor) July 14, 2025 Ethereum Fuels $70M Liquidity Wave Into Solana as Meme Coin Hype Cools Solana is experiencing a major liquidity revival, driven primarily by Ethereum, as the volume of bridged assets surges. According to data from Artemis, Ethereum accounted for over $70 million in inflows into Solana, representing nearly 56% of the total. Arbitrum followed with $14.1 million, while Polygon and BNB Chain contributed $7.5 million and $2.6 million, respectively. Other smaller chains made up the remaining $4.2 million. The total bridged volume into Solana rose by almost 40% week-over-week, with the Ethereum-to-Solana route emerging as the most dominant pipeline. Data from deBridge further confirms that $31 million in assets flowed from Ethereum to Solana alone. Source: solscan Much of this capital shift appears linked to a cooling off in the once-explosive meme coin launching frenzy. While Solana had previously seen a massive surge in new token launches, last week saw only 322,000 new token launches, a sharp slowdown compared to earlier peaks. This trend indicates a move back toward established projects and tokens. Interestingly, even during the heated rivalry between LetsBONK and Pump.fun, token activity remained relatively muted. LetsBONK graduated 1,243 tokens, double Pump.fun’s 622, and also launched 130,605 new tokens, significantly ahead of Pump.fun’s 77,250. Amid a slowdown in new meme coin launches, several older and more established Solana-based meme tokens are seeing renewed interest. Traders appear to be redirecting liquidity toward more recognizable assets, including Pepe ( PEPE ), Shiba Inu ( SHIB ), Dogecoin ( DOGE ), Bonk ( BONK ), and Pudgy Penguins (PENGU) , signaling a shift from novelty to familiarity. Source: Cryptonews PEPE has recorded a notable 23.73% increase in market capitalization over the past seven days and is now trading at $0.00001217. The token’s 24-hour trading volume stands at $5.87 billion, up 78.50% from the previous day. This surge in volume reflects a spike in market activity. As of today, PEPE’s market capitalization is $5.12 billion. Shiba Inu ( SHIB ), the second-largest meme token by market value, is also gaining traction. The token is currently trading at $0.00001329, up 14.9% over the past week and 0.6% in the last 24 hours. SHIB’s market capitalization is now $7.83 billion, ranking it 23rd in token market cap. Dogecoin ( DOGE ), the largest meme coin by market cap, is currently trading at $0.1982. It has risen 18.5% over the past seven days, reaching over $8.06 billion in market cap. Bonk ( BONK ) has captured significant market attention, with its price climbing 70% over the last 10 trading sessions. The token is currently priced at $0.00002719, reflecting a 6.27% increase in the past 24 hours. BONK’s market cap has climbed to $1.465 billion after gaining 33.9% in the past week. Pudgy Penguins (PENGU) has also experienced a sharp resurgence. The token jumped 48.2% in the last seven days, lifting its market capitalization to $1.918 billion. The sudden momentum was amplified by a surprise social media endorsement from TRON founder Justin Sun, further fueling investor interest. Together, these developments point to a broader trend of capital rotation back into familiar meme coins, as traders seek stability and momentum within the increasingly saturated meme token market. Solana Tops Q2 Revenue at $271M, Outpaces Ethereum, Bitcoin & Tron Meanwhile, Solana itself continues to outshine its peers in core metrics. The blockchain generated over $271 million in revenue in Q2 2025, outpacing Ethereum, Tron, and Bitcoin for the third consecutive quarter, according to Blockworks. REPORT: In Q2 2025, @Solana surpassed all L1 & L2 chains in network revenue, its 3rd consecutive quarter leading all chains. – Revenue: $271 million+ pic.twitter.com/ThpsVv97w5 — SolanaFloor (@SolanaFloor) July 7, 2025 Transaction volume on the network climbed 32% last week to 590 million, surpassing the combined activity of Ethereum, BNB Chain, and Polygon. Active addresses rose to 24.4 million, and fee revenue increased 44% to $7.68 million. Adding to the momentum is the anticipation around Solana ETFs. Polymarket data shows that traders now estimate a 99% chance that the U.S. Securities and Exchange Commission will approve a spot Solana ETF by the end of 2025. Bloomberg ETF analysts have sharply raised expectations for US approval of spot funds tracking Solana, Litecoin, and XRP. #ETFs #XRP https://t.co/dKK2ZIbW8c — Cryptonews.com (@cryptonews) July 1, 2025 Several major firms, including VanEck, Grayscale, 21Shares, and Bitwise, have already filed applications, signaling deep institutional interest. Bloomberg ETF analyst James Seyffart echoed the sentiment, saying , “We’re expecting a wave of new ETFs in the second half of the year. Solana is clearly leading that conversation.” Notably, Solana ( SOL ) is currently trading at $162.19, up 9.5% over the past 7 days. The token has also seen a sharp rise in trading activity, with 24-hour volume hitting $14.4 billion, a 133.4% increase from the previous day. Source: Cryptonews On July 12, analyst Ali Martinez shared a bullish outlook on Solana, highlighting a cup-and-handle pattern forming on the weekly chart, a classic bullish signal that often precedes major rallies. This is a critical level for Solana $SOL . A weekly close above $170 could ignite the next major bull run and open the gates to $2,000! pic.twitter.com/JjTaRdUL4h — Ali (@ali_charts) July 12, 2025 The pattern suggests that Solana has recovered from its past lows near $9.88, following a multi-year climb from its previous peak around $250. The recent price action appears to be forming the “handle” portion of the structure. Martinez points to $170 as a critical resistance level. A confirmed breakout above this level, particularly with a weekly close, could validate the pattern and trigger a strong upward move. Based on Fibonacci projections, potential price targets include $295 (a retest of the all-time high), with longer-term targets of $787, $1,314, and even $2,744. However, failure to break past $170 may lead to a pullback toward $135 or even $100, which has historically acted as strong support. The post Solana Sees $125M Surge as New Token Hype Fades—Old Meme Coins Back in Play? appeared first on Cryptonews .
According to recent data from Strategytracker, Strategy (MSTR) has significantly expanded its bitcoin portfolio by acquiring 4,225 bitcoins last week. The company’s total bitcoin holdings now stand at an impressive
Gate’s derivatives trading volume has demonstrated consistent growth over the past seven months, marking a significant milestone in its market presence. This sustained expansion underscores Gate’s strategic positioning within the
In a conversation on the Epicenter podcast, Ethereum co-founder Vitalik Buterin addressed the looming threat posed by quantum computing—an often-cited existential risk for modern cryptography and blockchain networks. While many in the crypto industry regard quantum attacks as a distant or even speculative concern, Buterin offered a more nuanced and data-driven assessment, rooted in current research and technical forecasting. Is Ethereum Prepared Against Quantum Computers? According to Buterin, the community can take meaningful cues from the prediction markets hosted on platforms like Metaculus, which aggregate expert forecasts on emerging technologies. “If you just search Metaculus quantum computing,” he noted , “the median answer that you get for when a quantum computer is powerful enough to break cryptography is somewhere between 2030 and 2035.” This projected timeframe places the emergence of a credible quantum threat well within the lifespan of Ethereum and other blockchain protocols currently in operation. Buterin was careful, however, to distinguish between hype and reality. “There’s a lot of grift in the quantum space,” he warned. Some organizations claim to have quantum computers, but what they often showcase are quantum adiabatic machines—devices that may be “technically quantum” in structure, but are functionally incapable of executing the kinds of operations necessary to pose a real threat to cryptographic infrastructure. “They basically can’t really do anything that interesting that classical computers can’t do,” he clarified. The true benchmark for quantum risk, Buterin explained, is not the existence of quantum machines per se, but their demonstrated ability to run specific algorithms that break cryptography. “The question you ask is: What is the biggest number that you’ve factored using Shor’s algorithm?” Buterin emphasized. “As long as the answer keeps not getting above 35, then it’s not super interesting.” Shor’s algorithm is the primary quantum algorithm that could undermine RSA and other cryptographic standards widely used in blockchain technologies. Its application at scale would signal a fundamental vulnerability in systems that rely on public key encryption. Nevertheless, Buterin acknowledged that real progress is being made in quantum computing research. While there hasn’t yet been a breakthrough that justifies panic, there is “a huge amount of progress happening on quantum resisting everything,” he said. The Ethereum community is already preparing for this eventuality through cryptographic innovation. “ Justin Drake has been working on quantum-resistant aggregation-friendly signatures,” Buterin noted, highlighting the active development of post-quantum cryptographic primitives within the Ethereum research team. Buterin concluded on a note of cautious optimism: “So I’m actually very optimistic that Ethereum will be able to cover it.” The community’s proactive stance on post-quantum security, combined with the slow and measurable pace of quantum progress, appears to offer a reasonable window for transition. That optimism gained fresh momentum last week when the Ethereum Foundation published a roadmap to embed a zkEVM directly into Layer 1 within twelve months. The initiative, outlined by researcher Sophia Gold in the blog post “Shipping an L1 zkEVM #1: Realtime Proving,” commits the protocol to verifying succinct STARK-based proofs for 99 percent of main-net blocks inside the 12-second slot time, with a mandatory security floor of 128 bits and proof sizes below 300 KiB. By enabling validators—even solo stakers running “home provers”—to verify blocks using quantum-resistant proofs rather than re-executing every transaction, the plan both accelerates scalability and shrinks Ethereum’s attack surface should Shor-capable hardware arrive ahead of schedule. At press time, ETH traded at $3,040.
Crypto is charging into a powerful, long-term bull market driven by institutional adoption, regulatory clarity, and real-world integration, setting the stage for explosive global transformation. Wall Street Analysts Signal Extreme Confidence as Crypto Enters Mega Bull Phase A growing wave of institutional momentum is redefining crypto’s trajectory, with analysts anticipating a long crypto bull market
As Ethereum (ETH) flirts with the $4,000 resistance zone amid renewed bullish sentiment, market watchers are closely eyeing where institutional and smart money flows are heading next. Surprisingly, while Ethereum continues to dominate headlines, a growing number of savvy investors are shifting focus toward Mutuum Finance (MUTM) , a rising star in the decentralized lending space that’s quietly gaining traction. The project is priced at $0.03 in the 5th presale phase, which is more than 70% sold. Those who invest in this phase will get a 100% return on investment after listing the token. More than $12.3 million has already been raised, with a total of more than 13,200 early investors. During presale Phase 6, the token will cost $0.035, and that represents 16.67% return on investments made in Phase 5. This could signal a broader shift in investor priorities beyond traditional blue-chip tokens. Ethereum Eyes Fresh Breakout Amid ETF Inflows and Upgrades The good news is that Ethereum (ETH) has recovered its position below the $3,000 level, trading about $2,948 and swinging in between $2,934 and $3,028, having achieved a 6-8 percent upsurge driven by the huge flows of ETFs and tokenization. Individual products at BlackRock, such as the company ETHA trust attracted an all-time high of $300 million in a single day, which adds to a combined $700+ million of flows into ETFs weekly as institutional players show renewed confidence in the DeFi and staking environment at Ethereum. The smart money is still around, but people are gaining more interest in some new DeFi projects, like Mutuum Finance. Presale Milestone: Mutuum Finance Hits $12.3 Million The Mutuum Finance presale has more than 13200 investors and has raised more than $12.3 million. Investors have picked up more than 70% of the tokens in phase 5. This indicates growing confidence of investors in the short-term success of the project as well as in their bright future. Mutuum Finance Launches Massive Token Giveaway Mutuum Finance (MUTM) is offering $100,000 giveaway , divided into 10 winners of 10,000 MUTM tokens. In addition, the top 50 holders of the Mutuum Finance will be rewarded under its newly introduced leaderboard system. As the users level up they will be rewarded the bonus tokens. Transforming DeFi Lending: The Mutuum Finance Approach Mutuum Finance (MUTM) is transforming DeFi lending through the creation of a platform that renders customers the sole owner of their assets. It is a workable multifunctional double-lending system, which incorporates the synergy of both Peer-to-Contract (P2C) and Peer-to-Peer (P2P) model. In P2C, lending pools are utilized via smart contracts. The platform is sensitive to prevailing market conditions in real time, an aspect that makes returns to lenders less volatile and borrowers financially stable. Through the elimination of intermediaries, the P2P model provides direct lending, which is particularly convenient on highly volatile assets like other coins. Over $12.3 million raised, 13,200+ early investors, and 70% of Phase 5 tokens already gone, Mutuum Finance is clearly gaining momentum as smart money rotates into high-upside DeFi plays. While Ethereum targets a modest move toward $4,000, early MUTM buyers are eyeing a 100% ROI at launch and an even greater upside as uncollateralized lending and dual lending architecture reshape the DeFi narrative. Phase 6 will push the price to $0.035, locking in a 16.67% return for Phase 5 investors. Add in a $100,000 giveaway and a leaderboard rewards system, and the case for Mutuum becomes even stronger. Secure your position now before the next price increase. For more information about Mutuum Finance (MUTM) visit the links below Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Former President Donald Trump has announced a strategic vision to position the United States as a leading Bitcoin superpower, signaling a transformative shift in national crypto policy. This initiative is
Michael Saylor strategically divested multiple securities to bolster his Bitcoin portfolio, reflecting a calculated move to enhance digital asset exposure. This tactical reallocation has propelled the company’s aggregate Bitcoin holdings
China’s economy slowed in the second quarter after a strong start to the year, hit by ongoing trade disputes and a prolonged property slump. This slowdown may push authorities to introduce new measures to keep growth on track. To date, the globe’s second‑largest economy has avoided a big downturn, supported by a tentative trade agreement with Washington and the buffer of current policy measures. However, the sentiment among investors has turned cautious for the latter half of the year. This is marked by slow exports, persistent price declines and subdued consumer confidence. Forecasts suggest Tuesday’s release at 2 am GMT will reveal 5.1% annual growth in Q2, down from 5.4% in Q1, according to the latest Reuters consensus. “While growth has been resilient year‑to‑date, we still expect it to soften in the second half of the year, due to the payback of front‑loaded exports, ongoing negative deflationary feedback loop, and the impact of tariffs on direct exports to the U.S. and the global trade cycle,”said analysts at Morgan Stanley. They added that “The third‑quarter growth could slow to 4.5 percent or lower, while Q4 faces unfavourable base effect, putting the annual growth target at risk.” Beijing may announce more spending Morgan Stanley anticipates that Beijing may roll out an extra fiscal package ranging from 500 billion to 1 trillion yuan starting towards the end of Q3. June customs figures indicated a rebound in inbound shipments and a modest uptick in exports, driven by a rush to beat an early‑August tariff ceasefire deadline with the United States. Other June metrics on factory activity and consumer spending are forecast to decelerate further. Quarter‑on‑quarter, the Reuters survey predicts GDP will have risen by 0.9% in Q2, after a 1.2% gain in Q1. Furthermore, analysts expect growth to moderate to roughly 4.6% in 2025, falling short of official ambitions, and slip to around 4.2% in 2026. Investors are turning their attention to the late‑July Politburo session, anticipating cues on future policy moves and potential new economic support. According to the survey, experts foresee a 10‑basis‑point reduction in the People’s Bank of China seven‑day reverse repo rate, and a comparable decrease to the loan prime rate, sometime in Q4. Job market makes output cuts risky So far this year, authorities have stepped up public works funding and expanded household subsidy programs, while the central bank in May trimmed borrowing costs and pumped cash into markets to offset trade‑related headwinds. However, experts warn these measures might not be enough to stop the ongoing price drops. June’s producer price index plunged at a rate unseen in roughly two years, underlining persistent deflationary trends. Observers expect officials to step up cuts to excess factory production and look for new ways to encourage domestic spending. Analysts say it’s tricky to cut excess output without triggering major layoffs in a weakening job market. KEY Difference Wire helps crypto brands break through and dominate headlines fast