Hip hop and rap star Drake referenced bitcoin in his newly released song amid his ongoing feud with fellow rapper Kendrick Lamar. The Canadian superstar unexpectedly dropped the track “What Did I Miss” during a July 4 Youtube stream titled “ICEMAN EPISODE ONE,” where he portrayed a worker on break. The song addresses betrayal following
The Federal Reserve has caught a bank employee allegedly embezzling tens of thousands of dollars from a nonprofit organization where she worked. In a new press release , the Fed is prohibiting former Jonah Bank employee Kendall Hickman from participating in activities related to financial institutions after she was allegedly found to have embezzled $33,212 from a nonprofit organization. According to the Fed, Hickman worked for both the Wyoming-based bank as well as moonlighted for an unnamed nonprofit organization as a bookkeeper. She worked for both firms from July 2021 to June 2023, and through unexplained means, she managed to embezzle the funds from the nonprofit, but was allegedly caught by authorities. The Fed says Hickman’s actions “constituted violations of law or regulation and involved personal dishonesty.” Though she has repaid the nonprofit in full and has consented to the enforcement actions against her, she has neither admitted nor denied any of the allegations. The prohibition order notes that taking this enforcement action doesn’t bar it from taking further actions against Hickman later on. If Hickman were to violate this order, she would be charged with separate civil or criminal penalties, according to the press release. Jonah Bank, the nation’s 1,474th-largest bank, has $529 million worth of assets under its management and was established in 2006. 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 Bank Employee Allegedly Embezzles $33,212 From a Nonprofit She Moonlighted At – And Now the Federal Reserve Has Found Out appeared first on The Daily Hodl .
Bitcoin’s outflow dominance over inflows highlights a significant shift toward long-term holding and institutional adoption, signaling growing confidence in its role as a digital store of value. The decrease in
A major US city has allocated millions of dollars to a guaranteed income pilot program in the budget for the 2026 financial year. The speaker of the New York City Council, Adrienne Adams, says the most populous US city is allocating $3 million to a guaranteed income program. The program will “provide direct cash grants to expecting mothers and foster youth facing housing insecurity.” Mayor Eric Adams hailed New York City Council’s $115.9 billion budget, which was agreed upon in late June, as the “Best Budget Ever.” While information was scant on how the New York City guaranteed income program will be rolled out, how long it will run, how many participants will be selected and other key details, this is not the first time the Big Apple is allocating funds to such an initiative. In the 2025 financial year, the New York City Council allocated $1.5 million to support a guaranteed income pilot program designed to assist “expectant mothers to improve maternal health and reduce child poverty.” This was the first time municipal funds had been used in a guaranteed income program. To run the program, the city partnered with The Bridge Project, a nonprofit focused on helping low-income expectant mothers. A total of 161 pregnant women experiencing housing insecurity who were selected to participate in The Bridge Project initiative will receive regular income with no strings attached for the first three years of their children’s lives. 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 US City Launching $3,000,000 Guaranteed Income Program for Residents – Here’s Who Stands To Benefit appeared first on The Daily Hodl .
Bitcoin price was stuck in a tight range on Saturday, July 5, as the recent recovery faded during the US Independence Day Weekend. Bitcoin ( BTC ) was trading at $108,000, lower than this week’s high of $110,000, and 10% above the lowest point this month. Spot Bitcoin ETFs continued their strong performance this week, with their cumulative inflows soaring by $769 million. That’s down from $2.2 billion the previous week. The weekly decline is partially due to the fact that this week had four U.S. trading days, in observance of Independence Day — a federal holiday in the United States. These ETFs have experienced cumulative inflows of $49 billion, indicating that they may surpass the $50 billion mark next week. BlackRock’s iShares Bitcoin Trust, whose ticker is IBIT, has had cumulative inflows of $52.6 billion. IBIT now holds over $76.5 billion in assets, making it one of the biggest ETFs in the United States. It ranks in eighth position among all BlackRock ETFs as it recently passed the iShares Core S&P Total US Stock Market ETF and the iShares Russell 2000 ETF. Observers note that the fund is likely to reach the $80 billion milestone soon. IBIT has been the fastest-growing ETF ever and is continuing to close the gap with the SPDR Gold Trust, which has $101 billion in assets. GLD was established in 2004. Bitcoin demand continues rising The number of Bitcoin treasuries established by corporations is gaining momentum. Strategy is leading the way with 597,325 coins. These companies now hold 848,902 coins. Bitcoin Treasury Boom! 51 companies have already added Bitcoin to their treasuries. This shows a clear uptrend. Dive into all the details in this thread 🧵👇 pic.twitter.com/L5vt9u74fj — CryptoQuant.com (@cryptoquant_com) July 3, 2025 The rising demand for Bitcoin is occurring at a time when the supply on exchanges has dropped to 1.2 million, from a year-to-date high of over 1.5 million. Recently, shareholders of Vanadi Coffee approved a strategy to acquire more Bitcoin for its balance sheet. The publicly-listed chain that currently operates six cafes based only in Alicante, now aims to become the largest Spanish company with a Bitcoin treasury. Swedish gaming and web3 company Fragbite Group is also establishing a Bitcoin treasury to ‘future-proof’ its balance sheet. The firm has also appointed a dedicated director to oversee its Treasury operations. You might also like: Over $1b flows into spot Bitcoin ETFs as macro sentiment improves Bitcoin price technicals point to a rebound BTC price chart | Source: crypto.news The daily chart suggests that Bitcoin may be a coiled spring, ready to pounce. It has remained above the 200-day Weighted Moving Average and formed two unique patterns that often lead to more gains. It has formed a cup-and-handle pattern and is now in the latter section. It has also formed a bullish flag pattern, which has a tall vertical line and a falling channel. Therefore, the most likely scenario is where Bitcoin breaks out and surges to a high of $144,000 in the coming months. A drop below the lower side of the flag section will invalidate the bullish outlook. Read more: Quant price forms a rare pattern: 70% surge is likely
Michaël van de Poppe predicts significant Bitcoin price surge potential. The role of ETFs is crucial in Bitcoin's recent price trends. Continue Reading: Bitcoin’s Future: Analysts Project Potential Surge to $250,000 The post Bitcoin’s Future: Analysts Project Potential Surge to $250,000 appeared first on COINTURK NEWS .
BlackRock’s spot Bitcoin Exchange Traded Fund (ETF), called IBIT, has quickly become one of the company’s most successful funds. Since its launch in January 2024, it has garnered strong support from both major investors and regular buyers. IBIT is now the third-highest revenue ETF among more than 1,100 funds managed by BlackRock, demonstrating its rapid growth in a short period. BlackRock Bitcoin ETF Boasts of Strong Revenue According to a recent report, IBIT now manages $76 billion in assets. The fund charges a 0.25% fee, which generates approximately $191 million in annual revenue. This puts it just behind two of BlackRock’s largest ETFs, the iShares Russell 1000 Growth ETF and the iShares MSCI EAFE ETF. However, the IBIT Bitcoin ETF is very close to outpacing these crypto funds in revenue. It is only $20 million behind the top fund and $16 million behind the second. The crypto fund needs just $9 billion more in assets to become the company’s top revenue-generating ETF. If the strong market interest continues, IBIT could reach that goal soon. More people are seeking easy ways to invest in digital assets, which could help the crypto investment fund rise even higher in the rankings. IBIT Named the Fastest-Growing ETF in History IBIT is growing faster than any other ETF ever . It has attracted a significant inflow of investors in a short time, surpassing the inflow of most ETFs in the market. It reached $2 billion in inflows just days after launching. Within six months, it crossed $50 billion in assets, making it one of the fastest-growing ETFs ever. This growth came from steady investments by hedge funds, companies, and financial advisors. This is happening because more people and companies are adding Bitcoin (BTC) into their balance sheet. A Sign of Growing Trust in Bitcoin One reason IBIT is doing well is that it makes buying Bitcoin simple. Investors do not need to open special crypto wallets or worry about how to keep their digital assets safe. With IBIT, they can invest in Bitcoin through a trusted and regulated fund. This makes it easier and safer for many to get involved with the top digital coin. BlackRock says IBIT’s growth demonstrates that more professional investors are now trusting Bitcoin. The way IBIT is growing is like how gold ETFs grew when they first started. This indicates that Bitcoin is beginning to be viewed as a conventional investment , alongside stocks or gold. As a result, the leading crypto asset is becoming a more accepted part of regular investment plans. The post Bitcoin ETF Now One of BlackRock’s Top Revenue Generators appeared first on TheCoinrise.com .
Bitcoin’s (BTC) robust three-month rally, climbing from $55,000 in January 2025 to a peak of $111,970 in May, is showing signs of fatigue. Currently trading at $105,734, BTC faces declining momentum as short-term holders cash in profits. Institutional interest persists, with public companies snapping up 131,000 BTC in Q2 2025, yet cooling derivatives activity signals a shift to a ranging phase. Amid this slowdown, investors are eyeing new opportunities. Mutuum Finance (MUTM) , a rising DeFi project, is capturing attention with its innovative lending model and presale success. Consequently, many are exploring whether this altcoin could be the next big crypto investment. Mutuum Finance presale surges forward Mutuum Finance (MUTM) is advancing rapidly through its presale, now in Phase 5 at $0.03 per token. Over $11,700,000 has been raised since the presale began, with more than 580 million tokens sold and 12,700 holders joining the project. Phase 5 is over 60% filled, signaling that the window to buy at this price is narrowing. The next phase, Phase 6, will see a 16.7% price hike to $0.035, with the token set to launch at $0.06, guaranteeing a 100% return on investment for current buyers. Moreover, analysts project Mutuum Finance (MUTM) could hit $3 post-launch in 2025, offering substantial upside. Innovative DeFi lending model Mutuum Finance (MUTM) is carving a niche in the crypto market with its dual lending approach. The platform blends Peer-to-Contract and Peer-to-Peer systems, ensuring flexibility for users. Peer-to-Contract uses smart contracts to ensure that interest rates are automatically adjusted according to the market conditions to give a stable lending environment. ON the other hand, Peer-to-Peer facilitates direct interactions between the lenders and the borrowers and, as such, is most suitable when it comes to volatile assets that require custom terms. The model combines the priority of transparency and the control that the user can have over it, which distinguishes Mutuum Finance (MUTM) among centralized services. Furthermore, the project’s mtTokens enable users to earn interest while retaining liquidity, tradable within the ecosystem. This utility positions Mutuum Finance (MUTM) as a top crypto for investors seeking practical DeFi solutions. Security and rewards drive confidence Mutuum Finance (MUTM) has finalized a CertiK audit, earning a 95.00 security score with no vulnerabilities in its smart contracts. This robust security bolsters investor trust in the crypto market. Additionally, Mutuum Finance (MUTM) has launched a Bug Bounty Program with CertiK, offering $50,000 in USDT rewards across four severity tiers: critical, major, minor, and low. The team also introduced a leaderboard rewarding the top 50 holders with bonus tokens, incentivizing long-term commitment. Stablecoin and scalability vision Mutuum Finance (MUTM) is developing a USD-pegged stablecoin on Ethereum, fully collateralized to minimize depegging risks. By stabilizing the price of this stablecoin, lending, staking, and generating yield will be simplified, and the patients will be no longer affected by the volatile crypto market. To reduce gas costs and increase the speed of transactions, the Layer 2 scaling strategy laid out in the project is designed to make Mutuum Finance (MUTM) ready to conquer the international market. These characteristics improve the efficiency of capital and the experience of users, which makes this platform the best in the crypto market. Consequently, investors are drawn to its blend of stability and innovation, positioning Mutuum Finance (MUTM) as a top crypto to buy now. Looking ahead with optimism As Bitcoin’s rally cools, investors are seeking the best crypto to buy now, and Mutuum Finance (MUTM) is emerging as a strong contender. The fact that it was successful in presale, has a secure infrastructure, and some innovative features such as a native stablecoin and Layer 2 scaling makes it a great option. The project’s focus on real-world DeFi utility, coupled with a projected $3 price in 2025, offers significant growth potential. To explore this opportunity, participate in the ongoing presale. Mutuum Finance (MUTM) is shaping up as a key player in the crypto market, ready to deliver value to early investors. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Bitcoin’s (BTC) three-month rally slows, are investors betting on this new crypto? appeared first on Invezz
Earlier yesterday, a Bitcoin whale that had been dormant since 2011 made a remarkable transaction. A total of 80,000 BTC were transferred to another cryptocurrency wallet. This transfer, confirmed by on-chain data, caused a great resonance in the crypto community, while Bitcoin analyst Sani made a striking claim about the identity of the whale: These BTCs may belong to Roger Ver. Analyst Sani made the following statement in his post on X (formerly Twitter): “I think the 80,000 BTC may belong to Roger Ver. Why? Last year, MrHodl was discussing Roger and his potential BTC holdings during a Twitter Space. After this conversation, I started looking into Roger Ver’s past purchase activity. I compared these dates to my database of unidentified addresses and only identified six addresses with 60,000 BTC.” Related News: Sweden's Minister of Justice Makes Critical Statements on Cryptocurrency: Issues New Instructions Noting that all six of these addresses made transfers today, Sani added that two other addresses that were previously registered in his system with the “Individual X” tag and therefore filtered were also activated. Thus, these chain transactions, which resulted in the transfer of a total of 80,000 BTC, drew attention to Roger Ver. Sani also suggested that this move could be part of a possible deal Roger Ver could make with the U.S. Internal Revenue Service (IRS). Known in the crypto world as “Bitcoin Jesus,” Roger Ver is known as one of the early investors in Bitcoin, but in recent years he has become a controversial figure, particularly with his support for Bitcoin SV. *This is not investment advice. Continue Reading: A Serious Theory Has Emerged About the Identity and Motive Behind the Huge Early Bitcoin Whale That Moved 80,000 BTC Yesterday
Coinbase strengthens its Bitcoin position by building a $1 billion BTC reserve while cautiously expanding its crypto offerings amid evolving market conditions. The company’s measured approach contrasts with more aggressive