Tensions with Canada might cause significant crypto market fluctuations over the weekend. SOL Coin needs to reclaim $148 to target $168 in a positive scenario. Continue Reading: Trump Challenges Canada, Impacting Crypto Markets Significantly The post Trump Challenges Canada, Impacting Crypto Markets Significantly appeared first on COINTURK NEWS .
A legal battle hanging in limbo and a mysterious $439 million XRP transfer by Ripple coincided with a brutal wave of long liquidations that saw traders caught in the crossfire. The turbulence began shortly after U.S. District Judge Analisa Torres rejected a proposed settlement between Ripple Labs ( XRP ) and the SEC, dashing hopes of a swift resolution to the years-long securities lawsuit. Almost simultaneously, blockchain trackers spotted Ripple moving half a billion dollars’ worth of XRP to an undisclosed wallet, just as leveraged traders were piling into bullish bets. These events spooked the market, triggering a cascade of liquidations totaling $7.18 million, with longs outnumbering shorts by nearly 10-to-1, according to CoinGlass data. While the broader crypto sector showed signs of stabilization, XRP’s lopsided positioning turned a 5.3% drop into a bloodbath for overexposed traders, revealing the token’s overreliance on speculative optimism, with little defense against Ripple’s own corporate moves or legal headwinds. How Ripple’s corporate moves and legal woes likely fueled XRP’s decline The $7.18 million long liquidation event was the culmination of mounting pressure from Ripple’s opaque treasury management and unresolved legal battles. While Bitcoin ( BTC ) and Ethereum ( ETH ) weathered broader market turbulence with relative stability, XRP’s 45.62% drop from its all-time high of $3.84 underscores a deeper issue: the token’s price action remains disproportionately tied to Ripple’s corporate decisions rather than organic demand. This week’s 5.3% slide, while not extreme in isolation, struck hard because of its timing. It came just as traders were positioning for a potential breakout above the $2.17 resistance. Judge Analisa Torres’ rejection of Ripple’s proposed SEC settlement reinforced the market’s worst fears. Without clarity on whether XRP will face stricter securities enforcement, institutional players remain hesitant to commit. This regulatory limbo has kept XRP range-bound between $2.00 and $2.60 since March, despite the token’s CME futures listing and whispers of a potential ETF. For traders, the message is clear: until the SEC case concludes, XRP’s upside will be capped by skepticism. Add in Ripple’s $439 million transfer to a shadow wallet, and the market had the perfect recipe for forced deleveraging. RLUSD Minting Amid the chaos, Ripple has quietly accelerated its stablecoin ambitions, minting 50 million RLUSD this month alone. The move aligns with the booming $252 billion stablecoin market, where giants like Tether and Circle generate massive revenue from Treasury-backed reserves. If RLUSD gains traction, it could provide Ripple with a lucrative revenue stream independent of XRP’s volatility. But for XRP holders, the bigger question is whether RLUSD adoption will translate into ecosystem stability. In theory, deeper liquidity and institutional use cases for Ripple’s stablecoin could bolster demand for XRP as a bridge asset. However, if RLUSD overshadows XRP in Ripple’s own financial strategy, the token risks becoming an afterthought in the company’s long-term vision.
Aptos blockchain is rapidly emerging as a key player in real-world asset (RWA) tokenization, driven by prominent institutional issuers like Berkeley Square, Franklin Templeton, and BlackRock. The total value of
Aptos’ tokenized economy is being fueled by issuers such as Berkeley Square, Franklin Templeton and BlackRock.
Kraken, the world's oldest crypto exchange, has unveiled Krak, the next-generation peer-to-peer payments app that seeks to merge the freedom of cryptocurrency with the convenience of everyday finance. “Krak is live! Send crypto or fiat to anyone, anywhere, instantly—no banks, no borders, no fees. This is the future.” — @krakenfx Compatible with 110 countries, Krak allows users to send, receive, and store over 300 assets—from cryptocurrencies and stablecoins to local fiat—beyond the restriction of traditional banks or wallet addresses. How Krak Works At its essence, Krak is designed for a digital-native generation. The app allows users to send money across the world in seconds, via a unique payment ID called a Kraktag—no bank information or crypto wallet addresses needed. Be it sending Bitcoin to a friend in Berlin or euros to relatives in Lagos, Krak processes in-app for fiat and on-chain for crypto, keeping things speedy and inexpensive. Krak also features built-in crypto-to-fiat conversion, allowing users to instantly swap between digital assets and local currencies at competitive rates. The app’s intuitive interface supports recurring payments, bill splitting, and multi-currency wallets, making it ideal for freelancers, digital nomads, and families with cross-border ties. Early reviews praise Krak’s speed and transparency, highlighting its potential to disrupt both traditional banking and legacy payment apps. Launch-day key features : P2P transfers in 110 countries, on 300+ crypto and fiat currencies Kraktags for instant, private transfers Earn up to 4.1% on balances of USDG stablecoin, and up to 10% on 20+ digital assets No-lockup, minimum , or subscription spend and earn accounts Kraken's backend leverages its global network of money transmitter licenses and banking relationships to enable Krak to serve as an all-in-one financial center. Fee Structure, Rewards, and Future Roadmap Krak is becoming a ”PayPal-killer” with no or ultra-low fees on most transfers—especially against the 2–2.5% of the likes of Revolut and Cash App. Users can earn up to 4.1% on USDG balances and up to 10% on select digital assets, with rewards disbursed daily and no lock-ins. In the future, Kraken will launch: Physical and virtual Krak cards to spend at millions of merchants worldwide Advance-payment services like lending, loans, and credit cards Enhanced business and company instruments for global payroll and B2B payments International Expansion and Regulatory Barriers Kraken's move comes after years of building compliance infrastructure, licensing in the U.S., U.K., EU, Canada, and beyond. Krak is still not available in Australia and sanctioned regions, rollouts to roll out behind local regulation. The company's regulatory seriousness is considered to be a differentiation from less compliant fintech rivals. Competing With Coinbase, Revolut, and Cash App Krak's launch puts Kraken directly against fintech giants. Compared to Coinbase, Krak offers broader asset coverage and lower fees but is still more convenient for new users. Compared to Revolut, Krak offers more cryptocurrency functionality, higher yields, and lower transaction fees. Cash App and Venmo dominate U.S. P2P payments but have less broad crypto coverage and higher fees. Bottom line With Krak, Kraken is betting that the future of money is instant, borderless, and multi-asset. By meshing the agility of crypto with the convenience of everyday payments, Kraken is going to serve traders, yes, but also anyone who has to send, spend, and make their money worldwide—without the hassles of old banking.
One platform wants degens trading faster than ever; the other is courting normies with Apple Pay simplicity. The memecoin industrial complex is evolving and the stakes have never been higher. On June 27, Solana-based memecoin powerhouse Pump.fun unveiled its long-awaited 2.0 upgrade, packing a suite of hyper-optimized trading tools aimed at meme traders who live and die by speed. Pump Fun 2.0 is HERE the easiest way to DOMINATE the trenches, with – the movers feed – tap-to-ape for the FASTEST execution across ANY mobile app – the news section, showing you the top trending coins in the ecosystem and much more! download the app NOW on iOS & Android 👇🏻 pic.twitter.com/wy4ng2Qj1P — pump.fun (@pumpdotfun) June 27, 2025 The update introduced a real-time “Movers Feed,” one-tap “Ape” execution, and a trending news dashboard, all designed to shave precious seconds off memecoin flips. But barely an hour later, rival Moonshot fired back with Moonshot Create, a no-code memecoin launcher that lets users spin up tokens with Apple Pay in three taps. Track your coins in the Create tab to see new coins, your earnings, and what’s trending. Download Moonshot to create your first coin! Link in Bio. — Moonshot (@moonshot) June 27, 2025 Pump.fun 2.0’s arrival came barely an hour before Moonshot’s countermove, setting the stage for a clash of philosophies in Solana’s multibillion-dollar memecoin economy. Where Pump.fun leans into trader velocity with razor-sharp execution, Moonshot bets on frictionless creation, turning meme uploads into tradable assets before users even grasp the tech behind bonding curves. The battle for memecoin dominance: speed vs. simplicity Pump.fun’s 2.0 upgrade appears more like a survival tactic than just a facelift. The platform, which saw $11.2 billion in trading volume in April 2025 alone, is doubling down on its core audience: degens who treat memecoin trading like a high-frequency sport. The new “Movers Feed” and tap-to-ape features are direct responses to the breakneck pace of Solana’s meme markets, where lagging by seconds can mean missing a 10x. But speed isn’t the only battleground. Read more: Sonic teams up with Kaito to reward Yappers in S token airdrop Pump.fun’s May rollout of a 50% fee-sharing model was a strategic play to keep creators invested long-term. Before this, token developers relied on dumping their holdings, leading to the platform’s infamous rug pull reputation. Now, with 0.05% of every trade flowing back to creators, the incentive structure shifts from quick cashouts to sustained engagement. Moonshot, meanwhile, is playing a different game. The platform’s Apple Pay integration and three-tap token creation provide gateway for normies who’d never touch a DEX. Moonshot’s explosive growth, from 4,000 daily users in 2024 to 20 million by 2025, proves there’s demand for memecoins without the friction of crypto-native tools. And with Jupiter’s acquisition backing it, Moonshot’s liquidity and visibility have become formidable weapons. Security also plays into Moonshot’s value proposition. While Pump.fun’s transparency push, including integrating Bubblemaps to expose whale holdings, hasn’t fully shaken its reputation for vulnerabilities, Moonshot touts audited contracts. However, critics note the lack of public proof and both platforms face the same existential risk: the easier memecoins are to launch, the harder they are to police. Meanwhile, Pump.fun’s path to DEX listing (at $60K market cap) is simpler than Moonshot’s 500 SOL ($73K) threshold, but Moonshot’s token burns add deflationary pressure, at least in theory. Neither model has fully solved the “pump-and-dump” cycle, but both are betting that financial incentives can outpace chaos. You might also like: Under $1 cryptos with growing communities: XLM, LUNC, XYZVerse
China has reportedly tied a tentative minimum-price agreement on French cognac imports to progress in its ongoing dispute with the European Union over tariffs on Chinese-made electric vehicles (EVs). Beijing’s move comes as a diplomatic deadline looms: China’s ongoing anti-dumping investigation into EU brandy, mainly cognac, must be resolved by July 5, or existing temporary duties as high as 39% could become permanent. The proposed pricing floors range from 46 yuan ($6.39) per liter for VS-grade cognac to 613 yuan ($85) per liter for premium XXO, a far more favorable outcome than the costly tariffs currently in place. Cognac makers brace as EV link gains traction Under the terms, leading houses including Hennessy, Martell, and Rémy Martin expect slightly higher minimums than smaller producers, according to sources cited by Reuters . The deal, outlined in June 12 briefing slides by lawyers for cognac industry body, Bureau National Interprofessionnel du Cognac (BNIC), leaves room for optimism provided EV negotiations advance. Another French government insider confirmed that Beijing is tying the cognac resolution to progress in the EV dossier, though Paris has publicly denied any such tether. The European Commission has imposed tariffs up to 45.3% on Chinese EVs, targeting manufacturers such as BYD, Geely, and SAIC on the grounds of unfair subsidies . Talks on replacing these levies with minimum import-price commitments are underway, though progress has been limited. German automakers and Mercedes-Benz CEO Ola Källenius have urged negotiated settlements over full tariffs, advocating for price undertakings instead. Trade tensions have spilled into various sectors. China recently extended an EU pork investigation as part of the same negotiation landscape. Meanwhile, Beijing and Brussels agreed in April to restart talks on minimum-price commitments for EVs. An upcoming EU-China summit scheduled for July 24–25, coinciding with the 50th anniversary of diplomatic ties, is expected to prioritize trade issues, including both cognac pricing and EV duties. Impact on industry players The temporary duties have hit cognac exports to China hard, reducing shipments by as much as 70% and slashing the stock prices of Pernod Ricard and Rémy Cointreau by around a third. Exporters who agree to the minimum-price scheme hope to avoid permanent tariffs, though uncertainty remains until China signs off and EV talks progress . On the EV side, Chinese manufacturers face high tariffs and market distortion concerns. A shift toward minimum-price arrangements could benefit firms like BYD , Geely, and SAIC, and reshape EU auto market dynamics Both sectors face critical junctures. Meanwhile, EV negotiations continue, with the EU and China exploring price undertakings instead of blanket tariffs. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
A Hyperliquid trader has transformed a modest $6,800 investment into $1.5 million by leveraging high-volume market-making orders and earning exchange rebates, bypassing traditional directional trading. This trader generated an astonishing
As the third quarter of 2025 unfolds, a growing number of crypto traders are rebalancing their portfolios, not just to mitigate risk, but to chase higher conviction opportunities with more substantial upside potential. Traders who once anchored their capital in established names like Avalanche, Solana, and XRP are now rotating funds into this emerging powerhouse. Amid market consolidation and evolving narratives, one token is gaining serious attention: MAGACOIN FINANCE . MAGACOIN FINANCE: The Opportunity That Unites All Sides Across Layer-1s and payment networks alike, MAGACOIN FINANCE is uniting traders from different ecosystems around one key idea: this is a moment to move early. From its scarcity-focused model to its audited smart contract and bold narrative, the project stands as a high-growth contender that doesn’t rely on hype cycles or social chatter to validate its momentum. As institutional and retail interest continues to grow, the opportunity to get in early is becoming increasingly scarce by the day. Why Avalanche Traders Are Rotating into MAGACOIN FINANCE Avalanche (AVAX) is recognised for its fast transaction speeds and developer-friendly environment. Recent market performance, however, has kept many traders at bay. No longer able to defend the critical resistances AVAX continues to decline. MAGACOIN FINANCE is gaining popularity. Instead of sitting back and watching AVAX catch up, traders are opting into a narrative that is moving faster and has a bigger upside. Why Solana Traders Are Paying Attention Solana (SOL) remains one of the most active networks in Web3, with significant development in gaming, NFTs, and DeFi. Still, recent price action has disappointed short-term traders, with SOL struggling to break through a heavy resistance zone while DeFi TVL and stablecoin inflow trend downward. Why XRP Traders Are Exploring Alternatives Long-term holders are now accumulating XRP at a steady rate. However, its price drop and reduced on-chain transaction activity may raise flags for fast-gaining traders. Clouds of regulation continue to surround the token, causing second thoughts among even loyal investors. MAGACOIN FINANCE is emerging as a timely alternative. With growing investor confidence and strong strategic positioning, XRP traders are shifting part of their holdings into a project that offers clarity, momentum, and a scalable vision, without waiting on legal headlines to drive price action. Final Thoughts In a market where timing and positioning make all the difference, MAGACOIN FINANCE is rising as a decisive play for Q3 and beyond. Traders from Avalanche, Solana, and XRP are not abandoning their roots—they’re rotating smartly into what could be the next headline-making breakout of this cycle. For more information, please visit: Website: magacoinfinance.com Exclusive Access: magacoinfinance.com/entry Continue Reading: Why Avalanche, Solana, and XRP Traders Are Considering Rotating Funds into a Hot New Crypto for Q3
World Liberty Financial (WLFI), a Trump family-backed DeFi platform, has partnered with Re7 Labs to launch a vault for its USD1 stablecoin on Binance’s BNB Chain. How a Simple Vault Could Unlock Billions in Crypto Liquidity The collaboration, announced on June 27, will deploy USD1 on Euler and Lista, decentralized lending and trading protocols. This