With the crypto economy cruising at $3.33 trillion and bitcoin hovering just under 5% from its record high, plenty of other digital assets are still playing catch-up on the road to fresh all-time highs. Altcoins Flatline as Bitcoin Hovers Below Record Territory It’s been 44 days since bitcoin (BTC) blasted to its weighted all-time high
Grammy‑winning artist Drake has just put out a new track called What Did I Miss? that makes a clear link between his rocky love life and Bitcoin’s wild swings. According to reports, he raps, “I look at this shit like a BTC, could be down this week, then I’m up next week.” Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ That line isn’t just catchy—it’s another sign of how Bitcoin references are moving past finance blogs into hit songs. Adoption Numbers And Hype Based on reports from River, nearly 5% of the world’s population has used or owns Bitcoin so far. That’s a long way from Blockware’s forecast that 10% could be on board by 2030. Those numbers show that while the buzz is loud, real wallets holding Bitcoin remain few. For many, Bitcoin is still a headline rather than a habit. State Level Moves Shift Policy Last month, Texas became the first US state to set up a public Bitcoin stockpile. Governor Greg Abbott signed Senate Bill 21, creating a standalone fund run by state’s comptroller. That setup keeps the reserve out of the normal state treasury, so it can’t be raided for other expenses. A follow‑up bill, HB 4488, cements its legal protection, making sure the fund stays intact no matter what. Not every state has pushed ahead. In May, Florida dropped its crypto legislation, joining Wyoming, South Dakota, North Dakota, Pennsylvania, Montana and Oklahoma in pulling back. Arizona’s House Bill 1025, despite getting farther than any similar measure, was vetoed by US President Donald Trump on May 3. Bitcoin Lyrics Hit Home Drake’s new verse isn’t his first high‑stakes play with crypto. Back in 2022, he put $1 million worth of Bitcoin bet on the Super Bowl. That bold wager grabbed headlines and showed he takes crypto chances seriously. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Now, by weaving Bitcoin into his music, he’s giving millions of listeners a taste of what traders already know: prices can swing hard, fast, and without warning. Looking ahead, Drake’s new song and Texas’s reserve show two sides of crypto’s rise. The pop‑culture nods pull attention, while real‑world policies test whether Bitcoin can move from hype into everyday use. If both trends keep climbing, Bitcoin could win more hearts—and wallets—in the years to come. Featured image from Chris Delmas/AFP/Getty, chart from TradingView
An $8.6 billion Bitcoin transfer involving dormant wallets has triggered widespread speculation across the crypto community, spotlighting key issues like wallet upgrades and potential government involvement. While blockchain analytics firm
Bitcoin’s mempool has reached near-empty levels despite the cryptocurrency trading close to all-time highs in 2025, signaling a notable shift in network transaction activity. This unprecedented reduction in mempool congestion
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Chainlink is witnessing significant whale accumulation amid subdued retail interest, with 85 million LINK tokens withdrawn from exchanges, signaling a tightening supply. This accumulation phase mirrors Bitcoin’s 2023 cycle, where
Billionaire investor Paul Tudor Jones says the rise of artificial intelligence (AI) may cause more collateral damage than anyone is expecting. In a new op-ed for Time , Jones says that while we can celebrate technological progress, there should also be consideration, or even “vigorous debate,” of the societal cost of game-changing technologies like AI. The Tudor Investment Corporation founder references a recent warning from Dario Amodei, CEO of Anthropic, who said AI could eliminate about half of all entry level white collar jobs in the next one to five years. Even if Amodei is only half correct, Jones says such a transformation would create “unprecedented social upheaval.” “If we follow the playbook of the last 45 years where over 92% of productivity gains went to shareholders over workers, and if Amodei is even half right on his unemployment prediction, you can bet we will face unprecedented social upheaval. In the worst-case scenario, the safety-net strains that high unemployment will place on states and municipalities will force many into bankruptcy. The federal government won’t be a good backstop because with a debt-to-GDP ratio of more than 120% it won’t have the borrowing power it once did. Bond markets will tank and take stocks with them.” The investor calls for several responses to AI, including a federal law requiring AI content to be watermarked so it’s clear it’s AI-generated. Otherwise, Jones says “humans will become irrelevant in the world we are headed for if we don’t demand human authenticity.” Jones also calls for a bipartisan commission that addresses issues of productivity sharing, as well as bilateral talks with China to “start establishing shared AI safety protocols to protect the entire world from mistakes and bad actors.” “None of this is radical. It’s rational. The unemployment data on entry-level jobs is a call to action. The first signs of the societal disruptions of AI are already here.” 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 Billionaire Paul Tudor Jones Warns of ‘Unprecendented Social Upheaval,’ Stock and Bond Market Crash Amid Rise of AI appeared first on The Daily Hodl .
While Solana faces pressure below the $150 level, several altcoins are posting major gains, with Orion (ORN) leading the pack with a 400% increase. Orion has jumped by 409.9% in the last 24 hours, trading at $1.25 from a low of $0.2344. This massive surge has left the traders puzzled, though the reasons behind the pump remain unclear. Adding to the mystery, the project’s official X account appears to be suspended. This makes it difficult to verify any recent announcements or developments that might explain the price movement. Despite the uncertainty, some market analysts remain optimistic about the technical setup. One crypto analyst posted on X: “ORN another nice looking chart. May fill the gap till 10.9,” suggesting potential for further upside based on chart patterns. $ORN another nice looking chart. May fil the gap till 10.9. pic.twitter.com/CMxstuYMCP — iTradeCharts (@iTraderCharts) July 2, 2025 Access Protocol has increased by 46.8% over the past 24 hours, rising from $ 0.001112 to $ 0.001653. Unlike ORN, Access Protocol has provided some hints about upcoming developments that could be driving investor interest. ACS 24H price chart The project, which enables users to deploy data-powered agents, has recently teased new announcements. A team member has indicated that “something fun is being dropped by the project next week,” though specific details haven’t been disclosed. Something fun dropping on @AccessProtocol next week 💕🐱 pic.twitter.com/r4xxJGzigs — SiLo Has ART (@siloHasArt) July 5, 2025 Third on CoinGecko’s top gainers list , KoKoK The Roach has gained 15.5% in the last 24 hours, trading at $0.1606 from $0.1347. The token has shown consistent momentum over the past week, climbing 23.6% in seven days. KOKOK 24H price chart KOKOK’s price movement appears connected to a specific partnership announcement. The project posted on X: “Something is OKX-coooking! Make sure to crawl over the trading campaign that’s happening with OKX and $KOKOK.” This collaboration with the major exchange OKX likely provides increased visibility and trading opportunities for the meme token. Something is OKX-coooking! 👀🔥 Make sure to crawl over the trading campaign that's happening with OKX and $KOKOK . 🪳 Link to participate: https://t.co/71gEnZeftN Link to Enter Trading Arena: https://t.co/Fn5d05F2hj 🪳👀 pic.twitter.com/5aRKPfU9h2 — Kokok (@Kokoktheroach) July 2, 2025 The overall crypto market remains relatively subdued, with both Bitcoin ( BTC ) and Ethereum ( ETH ) showing minimal movement over the past 24 hours. Solana ( SOL ) has also dropped below $150, even as some smaller tokens experience explosive growth. Traders should exercise extreme caution when considering positions in tokens showing triple-digit gains without clear fundamental catalysts. Read more: Why FTX creditors in 49 countries may be cut from payouts
Bitcoin’s 2025 price dynamics reveal a cyclical pattern influenced by geopolitical tensions, institutional adoption, and evolving market regulations. Institutional investors have driven Bitcoin beyond previous highs, supported by clearer regulatory
BlackRock’s iShares Bitcoin Trust ETF (IBIT) is already generating substantial revenue for the world’s largest asset manager, despite being on the market for less than two years. In a new post on the social media platform X, Bloomberg analyst Eric Balchunas says that IBIT needs to grow its fund’s assets by less than $10 billion to rank as BlackRock’s top revenue-generating exchange-traded fund (ETF). “IBIT is now the third-highest revenue-generating ETF for BlackRock out of 1,197 funds, and is only $9 billion away from being #1. Just another insane stat for a 1.5-year-old (literally an infant) ETF. Here’s the top 10 list for BlackRock (aside, how about the forgettable IWF at the top spot, who knew?).” Source: Eric Balchunas/X Based on the analyst’s data, BlackRock’s Bitcoin ( BTC ) ETF is already producing an estimated revenue of $191 million per year at $76.314 billion in fund assets while charging 25 basis points annually to investors. Balchunas appears to posit that if the net assets of the fund grow by $9 billion, IBIT will produce an annual revenue of about $213 million, enough to surpass the revenue generated by IWF. BlackRock’s IWF or iShares Russell 1000 Growth ETF offers exposure to US firms whose earnings are expected to grow at an above-average rate relative to the market. It has been around since May 2000 and is generating $211 million in yearly revenue, charging 19 basis points per year to investors. Meanwhile, the firm’s iShares MSCI EAFE ETF (EFA) – which gives investors exposure to a broad range of equities trading in the European, Australian, Asian and Far Eastern markets – was launched in 2001 and is generating $207 million in revenue annually with an expense ratio of 0.32%. As of Thursday’s close, IBIT is trading at $62.19. 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 BlackRock’s Bitcoin Exchange-Traded Fund (IBIT) Just Two Spots Away From Being Firm’s Top Revenue-Generating ETF: Bloomberg Analyst appeared first on The Daily Hodl .