Zelle and the banks that own the popular payments platform are facing new scrutiny over scams on the trillion-dollar network. In letters to Zelle’s parent company and the banks – specifically JPMorgan Chase, Bank of America, Wells Fargo, Capital One, PNC Bank, US Bank and Truist – lawmakers demand to know more information on scams stemming from social media. In a lawsuit dropped by the Trump administration, the Consumer Financial Protection Bureau (CFPB) accused Zelle of failing to implement adequate safeguards against fraudulent transactions, allowing scammers to exploit vulnerabilities and trigger $870 million in losses for hundreds of thousands of consumers. Now, Senator Elizabeth Warren (D-MA), Senator Richard Blumenthal (D-CT), and Representative Maxine Waters (D-CA) are pushing for stronger consumer protections and transparency, noting JPMorgan Chase, Bank of America and Wells Fargo’s 73% transaction dominance on the network. They’re asking the banks for data on social media scam frequency, bank reimbursement policies and measures to prevent fraud, warning Zelle’s rapid growth has outpaced its security, leaving millions vulnerable. They urge banks to follow JPMorgan Chase’s lead, which began blocking Zelle payments linked to social media in February. Failure to act, they say, could prompt stricter regulations. A separate investigation by the Permanent Subcommittee on Investigations found that JPMorgan Chase, Bank of America and Wells Fargo significantly decreased their reimbursement rate over time, from 62% of disputed transactions in 2019 to 38% in 2023. Zelle acknowledges fraud on the network but emphasizes its rarity, claiming 99.95% of transactions occur without issues. 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 Lawmakers Probe $870,000,000 in Customer Losses on Zelle, Targeting JPMorgan Chase, Bank of America and Wells Fargo’s Reimbursement Practices appeared first on The Daily Hodl .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LILPEPE, DOGE, SHIB, HBAR, and SEI gain traction as affordable Ethereum alternatives with upside potential in 2025. As Ethereum continues to lead in the decentralized finance space, several emerging tokens are gaining attention due to their unique use cases, lower price points, and growing ecosystems. Among these are Little Pepe (LILPEPE) , Dogecoin (DOGE), Shiba Inu (SHIB), Hedera (HBAR), and Sei (SEI). All five tokens are currently priced under $0.50, making them accessible to a broader range of investors looking for exposure to alternatives with potential upside in 2025. You might also like: Missed Solana? This crypto under $0.0015 could make millionaires faster than SOL did 1. Little Pepe Little Pepe, an Ethereum Layer 2 project, has advanced its presale into Stage 4 after raising over $2.5 million in Stage 3. Dogecoin (DOGE), Shiba Inu (SHIB), Hedera (HBAR), and Sei (SEI) have each shown significant market movement and community engagement, pointing to increasing relevance in the digital asset space. Little Pepe has introduced a utility-driven model based on Ethereum’s Layer 2 technology, targeting meme token projects and decentralized applications. It aims to combine meme culture with a fast, low-cost EVM-compatible infrastructure. The project offers features such as Ethereum tooling, anti-sniping protection, and a launchpad designed specifically for meme projects. The presale entered Stage 4 earlier than anticipated, with the token price increasing to $0.0013. The round has already attracted $3 million in contributions out of a $4.475 million target, with over 2.72 billion tokens sold. Purchases can be made using ETH, USDT, or card payments. The presale is expected to conclude ahead of schedule, with claimable tokens available post-sale through the official platform. Its $777k giveaway to the top ten presale participants is further increasing attention for the LILPEPE token. 2. Dogecoin Dogecoin (DOGE), created as a memecoin, has seen consistent adoption and a rise in trading activity. It is trading at $0.162, supported by a market cap of $24.39 billion and a 25% surge in daily volume. Despite market fluctuations, DOGE continues to be a top choice for transactional use due to its strong liquidity and brand recognition. 3. Shiba Inu Shiba Inu (SHIB) has been maintained as an Ethereum-based and community-driven coin, and its circulating supply is more than 589 trillion coins. Its trading price is at 0.00001129, and it has marked high engagement rates and more than 1.5 million holders of its tokens. Current trading action entails volume growth of almost 11% with a mark of heightened interest by traders and retailers. 4. Hedera Hedera (HBAR) is known as a high-performance consensus mechanism as well as enterprise-level applications. It is trading at 0.1494 and has dropped 0.83 percent in a day, with a market cap of 6.34 billion. The speed of transactions and low costs have been its limitations that are inherent in the older blockchain networks. 5. Sei Sei (SEI) focuses on high-speed smart contract execution and Ethereum compatibility. Despite a recent 5.96% drop to $0.2844, it is backed by a roadmap that includes a significant performance upgrade called “Giga.” SEI aims at solving the scalability and performance bottlenecks that many blockchains within the Layer 1 face, and it has a 10 billion token supply and continuous development. Conclusion In 2025, to list a few, Little Pepe, Dogecoin, Shiba Inu, Hedera, and Sei are already settling in as a possible option to Ethereum for investors. The projects have a variety of value propositions underneath the 0.50 price point, including community-oriented ideas and meme branding to Layer 1 and Layer 2-based technological improvements to scalability. To learn more about Little Pepe, visit the website , Telegram , and Twitter (X) . Read more: From meme to the moon: Why LILPEPE might outperform XRP this bull cycle Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Bitcoin experiences a notable surge as institutional investors increase their exposure amid ongoing global economic uncertainty. This renewed interest from major financial players signals growing confidence in Bitcoin’s role as
Gabriel Makhlouf, a European Central Bank (ECB) Governing Council member, shared his opinion on the growing talks about the euro’s potential to replace the dollar as the world’s dominant currency, stating the currency is just not ready. European Central Bank (ECB) Governing Council member, Gabriel Makhlouf has pushed back against the narrative that the euro is on the verge of replacing the US dollar as the anchor of the global financial system. The euro is not ready to challenge the dollar Makhlouf, who also serves as the Governor of the Central Bank of Ireland, was speaking at an economic conference in Aix-en-Provence, France, when he emphasized that Europe still lacks the structural and fiscal integration necessary to support such a shift. “Frankly, Europe’s economic system is still not formed,” he said. He also pointed out that the eurozone lacks critical elements such as a unified fiscal authority or a common safe asset comparable to the US Treasuries. Makhlouf cautioned against misinterpreting recent currency movements as signs of a fundamental transition in global financial leadership. “It’s a bit far to say that’s suddenly going to lead to the euro replacing the dollar because the euro is not ready to do that,” he explained. Makhlouf calls for deeper EU integration from the ECB Europe’s incomplete economic and fiscal integration is often cited as an obstacle to the common currency’s placing on a global stage. While the euro is used by 20 countries and serves as the second most traded currency in the world, the eurozone still lacks a central fiscal mechanism equivalent to the United States’ federal budget or debt issuance system. The absence limits the euro’s appeal as a global reserve currency. Without a unified fiscal policy or a large, liquid market for safe euro-denominated assets, international investors and governments are hesitant to fully shift their reserves or financial instruments away from the dollar. “The euro cannot quickly supplant the dollar as the anchor of the world’s financial system,” he said, reinforcing that while there may be increasing demand for alternatives to the dollar, Europe’s economic tools and institutions must first evolve. Makhlouf did not ruffle any feathers when he called on the ECB to take bold steps to increase the European Union’s economic sovereignty. He also encouraged EU leaders to view the current climate of global uncertainty as an opportunity to strengthen the currency. “These opportunities to actually increase the standing of the EU, to strengthen its sovereignty and autonomy matter, and they need to be taken,” Makhlouf urged. He advocated for reducing internal barriers in the EU’s single market and expanding joint-financing mechanisms for common priorities. Aside from Makhlouf’s remarks, several ECB officials have, in recent months, highlighted the importance of completing the EU’s banking and capital markets union, enhancing cross-border investment, and building fiscal tools that match the scale and coordination of those in the US. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
In the quest for extraordinary wealth in the next bull market, certain cryptocurrencies stand out as potentially transformative assets. The upcoming surge may be the golden opportunity that brings fortunes. This article unveils three digital coins primed for dramatic growth, offering intriguing prospects for those looking to amplify their investments and achieve financial milestones. Sei Price Performance Amid Mixed Trends Sei showed a one-month surge of roughly 35% paired with a six-month decline of nearly 43%. A weekly loss around 10% points to significant short-term swings against longer-term struggles. Historical behavior reflects sharp bursts of recovery against an overall downward trend over the last half-year. Current prices trade between $0.18 and $0.36, with critical resistance near $0.44 and another level at $0.61 outlining potential hurdles for further gains. Support stands near $0.08, offering a defensive floor amid heightened volatility. The price is bouncing within a range, indicating a more neutral balance between bulls and bears, with an RSI around 54. A positive reading from the oscillator, combined with mild negative momentum, underscores a market in cautious equilibrium without a clear trend. Trading ideas suggest looking for a breakout above the $0.44 resistance to aim for the $0.61 target while having a plan to return to support at $0.08 if resistance fails. Aptos Faces Bearish Correction with Key Support and Resistance Levels Aptos experienced a noticeable decline over the past month, falling nearly 8.48% as trading activity became subdued. Over the past six months, the drop reached over 56%, signaling a prolonged period of pressure that has tempered investor sentiment. Prices have fluctuated between approximately $3.99 and $5.55, reflecting uncertainty among traders. Indicators such as a negative Awesome Oscillator and subdued momentum readings support the view of a bearish environment. These past trends showcase how the coin’s performance has been challenged by persistent downward pressure and a lack of sustained buying interest. Current price action centers around a trading range, with support at around $3.10 and resistance at about $6.22, plus secondary resistance near $7.78 and secondary support around $1.53. Bears currently dominate, as shown by negative values in momentum and moving average signals. The market lacks a clear trend, with prices oscillating within these levels. Traders might consider setting tight stops near support, looking for short-term recoveries toward resistance. A break above $6.22 could signal bullish entries, but current momentum suggests that caution remains essential in this uncertain market climate. Jupiter (JUP) Sees Volatile Swings Amid Key Support and Resistance JUP experienced a 7.00% rise over the last week despite a 16.05% drop in one month and a 54.11% decline in six months. Price movements fluctuated within a range of $0.34 to $0.57, reflecting sharp corrections amid brief recoveries. A noticeable weekly bounce contrasts with sustained downward pressure over longer periods. Historical performance reveals that short-term gains have been unable to offset deeper losses, with traders witnessing temporary optimism only to see significant overall depreciation. Previous behavior signals that market sentiment has been inconsistent, marked by short-lived rallies against persistent bearish pressure. Current price action shows Jupiter trading within a narrow band reflecting both cautious optimism and hesitation among market participants. The coin is positioned between an immediate support level at $0.21 and a nearby resistance at $0.69, with a further hurdle around $0.92. Bulls appear to be trying to push the price upward as indicated by the weekly gain, yet bears exert significant pressure given recent declines. The range of $0.34 to $0.57 demonstrates resilience, but overall sentiment remains mixed. Trading activity suggests caution, as movements near the $0.69 level could lead to a reversal if sellers act aggressively. A break below $0.21 might signal further downside, while scalping opportunities exist within these boundaries. Conclusion SEI , APT , and JUP have the potential to bring significant returns in the next bull market. SEI stands out for its innovative approach and growth prospects. APT could gain momentum with its unique features and increasing adoption. JUP is noted for its solid foundation and future plans. These coins offer promising opportunities for substantial gains in the near future. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Summary Nearly a year after the SEC opened the door to crypto ETFs, REX-Osprey has launched a Solana investing and staking ETF under the ticker SSK on the CBOE exchange. The technical picture is not looking the most bullish for Solana, despite a solid rebound on the Support 2. Prices formed a lower high double top and prices have been retracing since with RSI Momentum close to oversold on shorter timeframes. By Elior Manier The current session is marked by low volumes but still sees pockets of volatility, with broad profit-taking kicking in after two consecutive risk-on weeks. Global equities are in the red, and cryptocurrencies are also under pressure. Despite the growing institutional interest, crypto markets remain somewhat rangebound. Bitcoin ( BTC-USD ) has been trading between $100,000 and $110,000 for over a month, while Ethereum ( ETH-USD ) continues to consolidate between $2,300 and $2,700. Investor access to cryptocurrencies is gradually becoming more streamlined, especially with the increasing adoption of financial instruments like ETFs. Nearly a year after the SEC opened the door to crypto ETFs, REX-Osprey has launched a Solana ( SOL-USD ) investing and staking ETF under the ticker SSK on the CBOE exchange. While today's pullback is part of broader market softness, let's take a closer look at Solana's technical picture to assess ongoing trends and potential levels of interest. Solana Technical Analysis Solana Daily Chart Solana Daily Chart, July 4, 2025 - Source: TradingView The technical picture is not looking the most bullish for Solana, despite a solid rebound on the Support 2 (levels detailed right after), there is an ongoing downward trendline that bulls will have to break to the upside to regain control. Inflows into the ETFs are key to support prices in this new form of cryptocurrency investing, and has helped to hold ETH and BTC prices at their levels for quite some time - Let's see how the launch of the SSK ETF helps in that aspect. Levels to keep on your chart: Support Levels: Immediate support $145 Support 2 $125 to $132 Support 3 $100 to $105 Resistance Levels: Current Pivot $150 to $160 Resistance 1 $200 to $205 Resistance 2 $225 to $232 Resistance 3 $255 to $265 ATH $295 Solana 2H Chart, July 4, 2025 - Source: TradingView Prices formed a lower high double top and prices have been retracing since with RSI Momentum close to oversold on shorter timeframes. Buyers will have to hold the last bullish confluence before bears get into full control: The upward trendline, 2H MA 200 and more importantly, the immediate $145 support. Solana vs Ethereum Relative Performance SOL/ETH Price Ratio, July 5, 2025 - Source: TradingView One of the themes of past year crypto investing was the rewiring of flows into Solana (and even more dominantly Bitcoin) - with major outflows from the ETH as the Solana protocol offers pretty similar technology but somewhat cheaper and more efficient for blockchain development. This led to a massive adoption of SOL, pushing the crypto to its $295 all-time highs, particularly towards the end of 2024. Since, Ethereum has found some strength. The upcoming challenge for markets will be to see if altcoins get more attraction as Bitcoin levels stay elevated, and if the new Solana ETF captures a bigger market share. Key levels to hold for the SOL/ETH Price Ratio is 0.057 (5.70%) - current levels and 0.03725 (3.725%) on the downside. Further upside above 7% and 9% (current highs 0.093) for Solana performance above Ethereum. Safe Trades! Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
Bo Hines, the US President’s Chief Advisor on Digital Assets, made a striking prediction about the cryptocurrency sector. Hines said that with the entry into force of stablecoin regulations in the US, the total market value of the digital asset industry could reach $15 to $20 trillion. Bo Hines said in a statement that these regulations will be a major turning point not only for crypto markets but also for the global financial system. “Tokenized shares, 24/7 open markets and global dollar access… This is where the US becomes a world leader in crypto and financial technologies,” he said. Related News: Sweden's Minister of Justice Makes Critical Statements on Cryptocurrency: Issues New Instructions According to Hines, any individual or institution that will access the US capital markets through stablecoin laws will be required to use dollar-backed stablecoins. This will both increase capital inflows and further strengthen the US’s influence in the global financial system. “We must lead the adoption of digital asset financial technology,” Hines said, adding that this transformation will protect the U.S. economy, spur innovation and solidify global leadership. *This is not investment advice. Continue Reading: The US Government’s Chief Advisor on Cryptocurrencies, Bo Hines, Reveals His Big Prediction About Cryptocurrencies
Glassnode’s Lead Analyst James Check questions the long-term sustainability of Bitcoin treasury strategies amid increasing market saturation and competition. New entrants in the Bitcoin treasury space face significant challenges as
CZ says multiple countries are creating Bitcoin reserves after the U.S. led the move. Binance advises nations on wallet security and custody strategies for sovereign crypto holdings. Bitcoin’s breakout above resistance mimics past setups that triggered strong rallies after macro fear events. Crypto influencer Crypto Rover posted on July 5 that “many countries are buying #Bitcoin for their reserves,” quoting Binance founder Changpeng Zhao (CZ). CZ said governments are now creating national Bitcoin reserves, following the lead of the United States. He explained that once the U.S.—one of the world’s largest economies—began holding Bitcoin, other nations felt pressured to act. “The later you do it, the more expensive your crypto will be,” CZ said during a closed-door discussion. U.S. Bitcoin Holdings Push Countries to Act Zhao noted that the U.S. reportedly holds around 200,000 BTC. In response, other governments are seeking advice on how to start. Binance, according to CZ, is actively helping countries set up crypto reserves, guiding them through key decisions like wallet infrastructure and custody. “For most countries, the sta… The post CZ Says Governments Are Buying Bitcoin as Breakout Signals Major Rally Ahead appeared first on Coin Edition .
Ethereum futures shorts surged to $1.6 billion in late June, driven primarily by institutional arbitrage trading rather than bearish market sentiment. This rise coincided with record inflows into Ethereum spot