Grammy-winning artist Drake has dropped a new song titled What Did I Miss? that compares his turbulent love life to the notorious volatility of Bitcoin. Key Takeaways: Drake compares his love life to Bitcoin’s price swings in his new song What Did I Miss?. His lyrics highlight Bitcoin’s growing presence in mainstream pop culture. Global BTC adoption sits at 4% today, far below forecasts of 10% by 2030. “I look at this shit like a BTC, could be down this week, then I’m up next week,” the Toronto rapper raps . This isn’t Drake’s first dance with Bitcoin. In 2022, he wagered $1 million worth of BTC on the Super Bowl, a move that grabbed headlines and underscored his willingness to engage with crypto beyond casual name-drops. Drake’s Lyrics Show Bitcoin Breaking Into Pop Culture Drake’s latest verse signals how Bitcoin continues to weave itself into mainstream culture, appearing not just in financial headlines but also in music, television, and art. As Bitcoin references pop up more often in pop culture, some see it as a sign that the digital asset is edging closer to widespread recognition. Historical forecasts from Blockware predicted Bitcoin adoption could reach 10% of the global population by 2030, comparing its trajectory to transformative technologies like electricity and the Internet. However, a recent report from River pegged current adoption at just 4%, showing that while crypto has made strides, there’s still a long road ahead. The report highlighted that adoption tends to be stronger in developed economies, where access to financial infrastructure and regulatory clarity is more robust. Meanwhile, institutional interest has continued to rise. Firms like Strategy and Metaplanet have pivoted to holding Bitcoin as a key treasury asset, aiming to guard against inflation and geopolitical uncertainties. Bitcoin ETFs and other investment products have further opened the door to retail and institutional investors, lowering barriers to exposure by removing the need for self-custody or direct onchain transactions. Bitcoin Adoption Gains Ground With Texas State Reserve Last month, Texas became the first U.S. state to establish a publicly funded Bitcoin reserve, marking a significant step toward mainstreaming digital assets at the state level. Governor Greg Abbott signed Senate Bill 21 into law over the weekend, setting up a standalone Bitcoin fund overseen by Texas Comptroller Glenn Hegar. Unlike previous attempts in Arizona and New Hampshire, Texas’s Bitcoin reserve will operate entirely outside the state treasury, providing legal protections against routine fund reallocations. A companion bill, HB 4488, further secures the fund’s status, ensuring it remains intact regardless of future Bitcoin purchases. State Senator Charles Schwertner, the bill’s sponsor, argued that Texas should consider Bitcoin as it does land and gold, highlighting its performance over the past decade. Texas’s move comes as other states pull back from similar plans. In May, Florida became the latest to drop crypto legislation , joining other states, including Wyoming, South Dakota, North Dakota, Pennsylvania, Montana, and Oklahoma. Likewise, Arizona’s House Bill 1025, which had advanced further than any other similar bill nationwide, was vetoed on May 3 by Governor Katie Hobbs. On the Federal front, President Donald Trump signed an executive order establishing a strategic Bitcoin reserve . The post Drake Compares Love Life to Bitcoin Price Swings in New Lyrics appeared first on Cryptonews .
Bitcoin (BTC) prices showed a sideways movement in the past day producing no significant changes. Following the recent rejection at the $110,000 price range, the maiden cryptocurrency failed to break out of a descending consolidatory channel; therefore, fears on the current status of the bull market remain intact. Amidst the current mood of uncertainty, prominent market analyst Ali Martinez has identified two important support levels in the advent of a price downturn. Related Reading: Bitcoin Investor Sentiment Back To ‘Very Bullish’ — What This Means On-Chain Data Reveals Strong Bitcoin Support At $106,500 And $98,500 In an X post on July 5, Ali Martinez shares a potentially impactful on-chain insight on the Bitcoin market. Using data from the In/Out Money Around Price (IOMAP) Chart from Sentora, the analyst shares that major support zones have emerged that could play a crucial role in shaping the BTC’s short-term price direction. The IOMAP chart analyzes Bitcoin wallet addresses and the average prices at which they acquired BTC, giving insights into potential zones of buying or selling pressure. Essentially, it shows where holders are currently in profit i.e. in the money” or at a loss i.e. out of the money. From the chart, it is observed that 1.68 million addresses bought 1.28 million BTC between $104,982 and $108,190, with an average acquisition price of $106,738. Historically, such large concentrations of buying activity tend to form strong support zones, as holders may defend their positions from slipping into loss. Therefore, this development makes the $106,700 range a formidable near-term support level. A second significant support level is identified in the $95,247 to $98,566 range, where 1.7 million addresses acquired 1.25 million BTC at an average price of $96,901. Should Bitcoin lose its footing above $106,000, this lower range would act as the next major cushion, potentially absorbing downward momentum. However, a decisive price close below $96,901 would confirm significant bearish intent by the Bitcoin market. Related Reading: Crypto Market Cap On Track To $4.5 Trillion As Q3 Unfolds – Details Bitcoin Market Overview According to data from the IOMAP chart, around 89.36% of all BTC addresses are “in the money,” meaning their holdings were purchased at a lower price than the current market value. This is generally considered a bullish signal, suggesting the majority of market participants are in profit and thus less pressured to sell. Meanwhile, only 10.36% of addresses are “out of the money,” highlighting the relatively low risk of widespread panic selling, unless Bitcoin were to break below these critical levels highlighted above. At press time, the premier cryptocurrency continues to trade at $108,154 reflecting a 0.24% gain in the past day. Meanwhile, it’s daily trading volume is down by 27.09% and valued at $31.04 billion. Featured image from Pexels, chart from Tradingview
All eyes are on XRP right now after the recent filing of Ripple's banking application to the FCC. Considering this has happened just after Ripple's decision to p112ut an end to its standoff with the SEC, hopes have risen that XRP could make a comeback, perhaps even cross its $3 resistance in the coming days. This has given weight to the view that XRP could topple Ethereum in terms of market capitalization. Does it mean XRP is the best crypto to buy now, or does it merely hint at the arrival of investor opportunities with a variety of assets to pick from? Ripple Applying for National Bank Charter from the OCC - Brad Garlinghouse The announcement about Ripple's banking application was made by Brad Garlinghouse, who, on X, posted the news stating that this approach could put more federal oversight on Ripple, which could bolster its trust factor, transforming it into the bridge to connect traditional and decentralized financial institutions. However, that's not all, as the company has also filed for a Fed Master Account via Standard Custody. This could help Ripple to hold $RLUSD (Ripple Stablecoin) directly from the Fed and gain an additional layer of security. True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market.Earlier in the week via… https://t.co/IdiR7x3eWZ — Brad Garlinghouse (@bgarlinghouse) July 2, 2025 Just as expected, community reactions to the news have been positive. Some have said this is a materialization of a dream consisting of Ripple becoming a bank, which clears the way for XRP to reach $100. However, others have asked how XRP will fit into the banking license. Impact of the News on the XRP Price While investors were expecting the news to have a major impact on the XRP price, that, unfortunately, wasn't the case. The DeFi token's value is still consolidating around the $2.2 level, and whatever green candles it was able to print were corrected the next day. That said, a macro-analysis of the price chart shows that the XRP price has been following an ascending channel ever since it dropped to the $1.9 level on June 22, and there have been no signs of the price action stopping. Furthermore, since the US government has been very progressive about crypto, chances are high that Ripple's application could be approved. That could help with streamlining crypto into the traditional financial space, giving XRP much-needed long-term upside. It is also possible for the crypto to reach $3 in the coming days. Does it mean XRP is the best crypto to buy now? The answer to this could arguably be yes. However, until the DeFi crypto crosses the $2.6 mark to retest the $3 level, investors should stay cautious, since it will only take one long red candle to change the course of the XRP price action. Best Crypto to Buy Now - Smart Investor Picks During the Current Ecosystem BTC Bull Ripple's growth would consolidate the market's belief that the altcoin season has indeed arrived. However, that does not mean Bitcoin would lose any of its shine, as despite all the news about Ripple's legal qualms, the apex crypto continues to be the major driver of the cryptocurrency market. BTC Bull is a project that taps into that particular market, offering users a standard meme coin experience with a robust touch. While no long-term use cases have been mentioned by the official website, the project has continued to delight customers thanks to its social media posts as well as unique mechanics. The project has tied its token burns and Bitcoin airdrop model with Bitcoin's growth, which is a subtle way to grow alongside the apex crypto. While this move could be seen as a gimmick by many, the fact that the project has managed to raise upwards of $8 million already means there could be more to the project than meets the eye. The token is launching soon, with an application to CoinGecko already filed. Furthermore, there are many analysts already bullish about the launch, stating that BTC Bull could achieve a 1000% growth after going live on the price charts. Snorter Another crypto that could be considered one of the top offerings among crypto pre-sales is Snorter . Snorter is a meme coin powering an automated crypto trading bot that lets investors find and trade top-performing Solana cryptos. What further elevates the appeal of Snorter is the fact that it is accessible via Telegram. Being one of the leading messaging apps for crypto gives it access to a range of unique attributes. Not only is the platform easy to use, but the automated sniping tool is also equipped with all kinds of security features. In addition to the perks that come with the bot, Snorter is also very up to the mark when it comes to highlighting its memes. The main animal chosen to highlight this project, an aardvark, has been used to draw an equivalence between an aardvark's snout that it uses to fetch and Snorter's approach to sniffing the best cryptocurrency investment projects. While Snorter's connection to XRP isn't direct, the fact that XRP has the potential to become the biggest altcoin ultimately means unique projects with niche perks could gain community attention quickly. Bitcoin Hyper Bitcoin Hyper is a cryptocurrency project whose core idea is to inject utility into the Bitcoin network, and it aims to accomplish this using Bitcoin's first L2 scaling solution. The tech-related documents of the project show that developers are hard at work, trying to make it a reality. Three technologies have been implemented for this purpose: L2 scaling solution, Solana Virtual Machine, and a Canonical Bridge. The L2 scaling solution will reportedly help the Bitcoin network's transaction mechanics through off-chain aid. With the Solana Virtual Machine, developers are hoping for more DeFi applications to be built on the Bitcoin network, and with a Canonical Bridge, communications will be established between Bitcoin Hyper and Bitcoin. It is the project's simple premise that has allowed it to gain so much momentum, and in presale it has raised close to $2 million already. So, for XRP fans looking for an offbeat crypto with a strong focus on utility, Bitcoin Hyper could be a good investment. Conclusion Ripple's entry into the banking sector could lead to a major shift in the world of crypto. It could signal crypto to become more mainstream, leading to increased participation. Tokens that are still available on presale could take advantage of this situation, surging upon launch. Therefore, this "best crypto to buy now list" focuses on cryptocurrency ICOs. Each ICO has its own unique attribute, giving traders the opportunity to diversify their investments. And as crypto goes mainstream, these picks could yield massive gains, both in the short and the long term. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
A sophisticated cyberattack on C&M Software, a technology provider for Brazil’s Central Bank, has triggered a wave of crypto laundering, with at least $40 million in stolen funds funneled into Bitcoin, Ethereum, and stablecoins. Key Takeaways: Hackers stole nearly $148 million from Brazilian banks by breaching C&M Software’s systems. At least $40 million was laundered into Bitcoin, Ethereum, and stablecoins, according to ZachXBT. Authorities froze $50 million linked to the hack, but much of the stolen crypto remains missing. Blockchain investigator ZachXBT flagged the laundering after tracing large sums moving through Latin American over-the-counter desks and exchanges. The attack stands as one of Brazil’s most significant financial breaches to date. Hackers Target C&M, Key Link to Brazil’s PIX Payment Network The hack targeted C&M, a key intermediary connecting smaller banks and fintechs to the Central Bank’s infrastructure, including PIX, the country’s widely used instant payments system. According to Brazilian authorities, hackers exploited credentials sold by João Nazareno Roque , a 48-year-old IT worker at C&M, who received the equivalent of $2,770 for his corporate login details. Local news outlet g1 Globo reported that Roque didn’t just sell his credentials; he also assisted in building a system to facilitate the theft, netting an additional payment of about $1,800. Using this inside access, hackers orchestrated a coordinated attack early on June 30, siphoning approximately 800 million reais, or nearly $148 million, from reserve accounts of six financial institutions. $140M HACK in Brazil – Insider Sold Access for Just $2.7K?! ZachXBT reports a $140M breach in Brazil, where an insider allegedly sold system access for only $2.7K. Around $30–40M was funneled into crypto via LatAm OTC desks. One of the biggest insider leaks in recent memory?… pic.twitter.com/ehMqjuQGCi — Crypto Patel (@CryptoPatel) July 4, 2025 The fraudulent transfers went undetected for nearly two and a half hours. The breach only came to light when BMP, one of the affected institutions, flagged suspicious transactions. BMP’s CEO, Carlos Benitez, said his bank alone lost roughly $73.8 million but managed to recover about $29.5 million. A Brazilian court has since frozen accounts suspected of receiving stolen funds, recovering approximately $50 million so far. However, the full scope of the laundering operation remains under investigation, with significant sums still unaccounted for. Following the incident, the Central Bank suspended parts of C&M’s access to its systems as authorities worked to contain the damage. Roque was arrested on July 3, two days after the hack, and remains in custody as the investigation continues. Officials said no retail customers suffered direct losses, as the stolen funds were limited to institutional reserve balances held at the Central Bank. Crypto Networks Emerge as Escape Route for Crimes The latest breach underscores growing fears about crypto’s role as a conduit for conventional financial crimes. Digital assets offer liquidity and a level of pseudonymity that traditional cash transactions can’t match, enabling swift movement of illicit funds at scale. Stablecoins, in particular, have drawn the attention of criminal networks. The Financial Action Task Force recently warned that stablecoins pose increasing risks when used by illicit groups, especially in the absence of coordinated global oversight. Brazil’s recent heist mirrors a series of high-profile crypto-related thefts this year, including North Korea’s record $1.46 billion ByBit hack and Chinese authorities dismantling a $136 million laundering ring that used digital currencies for cross-border money flows. Nevertheless, Brazilian officials are now working to trace the stolen funds across various blockchain networks, coordinating with international agencies to freeze assets and identify those responsible for one of the nation’s largest financial cyberattacks. The post Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH appeared first on Cryptonews .
Widely followed quant analyst PlanB says that one indicator is suggesting a return to a FOMO (fear of missing out)-style bull market for Bitcoin ( BTC ). In a new video update, PlanB tells his 215,000 YouTube subscribers that the crypto king’s rising relative strength index (RSI), a momentum indicator that measures when an asset is overbought or oversold, suggests that rallies are coming over the next several months. According to the analyst, based on historical precedent, if BTC can hit an RSI of 75 on the monthly chart, a months-long “hot” FOMO bull market will follow. “We had some FOMO and disappointment last year, and that’s why this RSI average shows a little wobble here. Well, I expected [that], and actually, that’s what we’re seeing last month. It picked up the upward slope again. So I expect [BTC] to continue toward [an RSI of] 75, because if you look here in 2019, after the wobble, it returned to the former levels before the wobble. We have seen 75 RSI already three or five times, so I think we’re going to return to that level… That means if that were to happen this month in July, then July would [see BTC] end at $125,000ish… And after that, of course, I expect some really hot FOMO bull months of 80 RSI, 80+ like we’ve seen in all the bull markets. Even the lousy 2021 bull markets had five months above RSI 80. So that’s what I expect.” Source: PlanB/YouTube Bitcoin is trading for $107,992 at time of writing. 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 Hot FOMO Bull Market for Bitcoin Likely Approaching As BTC Indicator Begins To Inch Upward: PlanB appeared first on The Daily Hodl .
Corporate adoption of Bitcoin and other cryptocurrencies continues to expand, with 66 publicly traded companies now holding significant digital asset reserves. This growing trend reflects a broadening diversification strategy among
Recent discussions surrounding Bitcoin’s long-term price potential have sparked broader interest in how such gains could influence other digital assets. Strategy Chairman Michael Saylor’s ambitious forecast of Bitcoin reaching $21 million has reignited speculation within the crypto community, including what this could mean for XRP. Saylor’s $21 Million Bitcoin Forecast Speaking at the BTC Prague 2025 conference, Michael Saylor outlined a future scenario where Bitcoin could attain a valuation of $21 million within the next 21 years. His outlook is based on a combination of factors, including evolving global regulatory frameworks and increasing institutional interest in Bitcoin. Saylor emphasized that these developments could contribute to unprecedented long-term growth in the asset’s price. While his prediction focuses solely on Bitcoin, it naturally invites speculation about potential impacts on other cryptocurrencies, particularly those that tend to follow Bitcoin’s general market direction. XRP, despite operating on a different infrastructure and use case, is often influenced by the broader market trends initiated by Bitcoin. How XRP Reacts to Bitcoin Trends Historically, XRP’s price behaviour has shown a strong correlation with Bitcoin’s movements . When Bitcoin experiences sustained growth or decline, altcoins like XRP tend to reflect similar patterns, although not always at the same scale. For instance, downturns in Bitcoin typically coincide with broader market corrections, while Bitcoin’s recoveries frequently spark renewed momentum across other assets. Given this correlation, a hypothetical increase in Bitcoin’s price from its current level of approximately $107,000 to $21 million would represent a growth rate of approximately 19,526%. If XRP were to appreciate at the same relative rate, its future value could be projected accordingly. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Value in a $21 Million Bitcoin Scenario At the time of writing, XRP is priced at $2.22 . If XRP were to follow Bitcoin’s projected trajectory and experience a similar 19,526% increase, its future price would be approximately $431 per token. This estimate is purely theoretical and assumes a direct proportional relationship between the two assets’ price movements over the coming two decades. To illustrate the potential financial implications, an investment of $10,000 in XRP at its current price would yield approximately 4,545 tokens. If the token value reached $431, this holding would be worth over $1.95 million by 2046. However, this projection is speculative and dependent on numerous variables, including market adoption, regulation, institutional participation, and overall sentiment toward digital assets. Uncertainty in Long-Term Projections While optimistic forecasts like Saylor’s attract attention and can influence investor sentiment, it is important to recognize the uncertainty inherent in such long-term predictions. There is no assurance that Bitcoin will achieve a $21 million valuation or that XRP will appreciate in direct correlation. Market dynamics, competitive technology, legal developments, and macroeconomic factors all play a significant role in shaping outcomes in the cryptocurrency space. While theoretical calculations provide interesting insights into potential returns, they should not be mistaken for guaranteed outcomes. 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 XRP Likely Price if Bitcoin Hits $21 Million As Michael Saylor Predicted appeared first on Times Tabloid .
Bitcoin’s stagnation continues as the asset has made little to no attempt to move away from the $108,000 level. While most larger-cap alts have produced insignificant gains, TON and BONK have emerged as the biggest gainers on a relatively calm Sunday morning. BTC Calm at $108K It has been a quiet period for the primary cryptocurrency. In fact, the latest major price moves came about two weeks ago – on June 23 and 24 – when it dumped to $98,000 before it soared past $105,000 a day later as the Middle East war was going rampantly. Ever since then, though, the asset has been stuck in a tight trading range between $105,000 and $110,000. It tested the lower boundary on Wednesday, where the bulls stepped up and pushed it south toward the upper one. On Thursday, BTC showed signs of a breakout attempt when it spiked to a multi-week peak of $110,500, but the bears stepped up at this point and didn’t allow a surge to a new all-time high. The landscape has been somewhat unchanged since then, as bitcoin quickly returned to $108,000 and has not moved from that level for a few days. Its market capitalization stands strong at $2.150 trillion, while its dominance over the alts is at over 63% on CG. BTCUSD. Source: TradingView BONK on the Run As the graph below will demonstrate, most larger-cap alts are slightly in the green on a daily scale. Such minor increases are evident from the likes of ETH, BNB, SOL, TRX, DOGE, ADA, BCH, LINK, and XRP. In contrast, HYPE and PI have lost some traction over the past 24 hours. The biggest gainers are TON and BONK. The former has risen by over 9% and sits at $3, while the meme coin has exploded by 20% and now trades at $0.000022. The cumulative market cap of all crypto assets has remained relatively stable at $3.4 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post BONK Explodes by 20% Daily as Bitcoin (BTC) Remains Solid at $108K: Weekend Watch appeared first on CryptoPotato .
A Canadian pharmacy manager is suing a telecom company and a trading platform after losing 12.58 bitcoins—now worth over $1.36 million—in a sophisticated SIM-swapping scam. Canadian Woman Blames Security Lapse by Telecom Employee for Crypto Loss Canadian woman Raelene Vandenbosch is embroiled in a multi-million dollar legal battle, alleging she lost 12.57969337 bitcoins, now valued
United Kingdom ministers have launched efforts to crack down on crypto traders who try to evade payment of taxes on their profits. Holders of digital assets like Bitcoin, Ethereum, or XRP are expected to pay tax on profits generated from trading the assets, a rule that has been in place for a while. Meanwhile, under the new rules , crypto traders will face fines of up to £300 if they fail to provide their personal details to the cryptocurrency service providers they use to make sure they are paying the right amounts to His Majesty’s Revenue and Customs (HMRC). The government expects that the new crypto tax rule, which is known as the Cryptoasset Reporting Framework and would take effect from January, to raise about £315 million by April 2030. Crypto tax evaders to face fines in the United Kingdom According to the new rules, any crypto service providers that also fail to provide accurate details about transaction and tax reference numbers are expected to also face fines. James Murray MP, Exchequer Secretary to the Treasury, talked about the new rules. “We’re going further and faster to crack down on tax dodgers as we close the tax gap. By ensuring everyone pays their fair share, the new crypto reporting rules will make sure tax dodgers have nowhere to hide, helping raise the revenue needed to fund our nurses, police, and other vital public services,” he said. The new rule comes after Rachel Reeves, Chancellor of the Exchequer, refused to rule out the possibility of tax increases after the United Kingdom government made a U-turn on welfare reforms. The Chancellor, whose tears in the Commons spooked the financial market, said she was not going to apologize for trying to make sure that the numbers add up. “But we do need to make sure that we’re telling a story and a Labour story. We did that well in the Budget and Spending Review, we increased taxes on the wealthiest and businesses,” she said. When asked whether she was prepared to rule out further tax rises, she said it was not going to happen, because it would be “irresponsible for a Chancellor to do that.” Crypto users criticize the new tax rules The new rules, which are expected to take effect in January 2026, will see crypto traders providing certain useful and identifying details to any service provider they use to buy, sell, transfer, or exchange digital assets. The information given to the service provider will ensure each trader’s details will be linked to their tax record, making it easier for the United Kingdom government to find out how much tax they need to pay. Users need to provide information like their full name, date of birth, address, and country where they stay (if they do not live in the United Kingdom). They are also required to present their tax identification number, and in the case of businesses, the legal business name and main business address. Crypto services required to collect this information include crypto exchange applications, online marketplaces where users buy and sell NFTs and services that manage crypto portfolios for users. The new rule has generated quite a buzz among crypto traders in the United Kingdom, with one user noting that it is a win-win for the government. “So you invest what savings you managed to save and buy crypto. If they make a profit, the government tax you but if you make a loss the government aren’t going to be interested, so it’s a win-win for the government,” the user said. Another user argued that they have paid tax on everything they used to set up their small-scale mining hardware, asking the need to pay tax on the profits from her business. KEY Difference Wire helps crypto brands break through and dominate headlines fast