BitMEX co-founder and crypto investor, Arthur Hayes, has outlined the key catalysts that could drive the Ethereum price to a $10,000 all-time high by year-end. In a detailed market analysis, Hayes explains how expanding US credit policies, growing institutional interests, and a shift toward wartime economic strategies could create the ideal conditions for a major ETH price rally. Ethereum Price Set To Hit $10,000 By Year End On July 23, Hayes published an in-depth report on Substack, analyzing geopolitical trends and how they could create the ideal conditions for a major Ethereum price surge. The crypto founder has set a bold target of $10,000 for ETH by the end of 2025, attributing the future rally to macroeconomic shifts and increasing institutional appetite. Related Reading: This Ethereum Descending Broadening Wedge Pattern Looks Similar To 2019-2020, Here’s What Happened Last Time Hayes believes that as the US leans further into wartime economic policies under President Donald Trump’s reign, a wave of credit expansion could be unleashed—fueling “asset bubbles,” particularly in crypto. According to the BitMEX co-founder, Ethereum could benefit most from this environment. While Bitcoin remains the crypto reserve asset, Hayes notes that ETH has been largely overlooked since Solana’s explosive rebound post-FTX. However, he asserts that the tides are turning, especially among Western institutional investors who are starting to favor Ethereum-based assets. The crypto founder pointed to growing confidence in Ethereum from financial influencers like Tom Lee and a renewed interest in DeFi ecosystems as early signs of a potential breakout. Hayes’ venture capital firm, Maelstrom, is now also fully committed to ETH and the broader ERC-20 ecosystem. He has declared that the next ”Ether bull run” is imminent, forecasting a 176.3% rise from ETH’s current price of $3,619. Alongside his $10,000 Ethereum target, the crypto founder projected that Bitcoin could skyrocket to $250,000 before the end of the year. ETH Rally Tied To US Economic And Wartime Developments In his report, Hayes seemingly connects Ethereum’s upside potential to a broader macroeconomic narrative rooted in fiscal policy and geopolitical conflict. He argues that the US is shifting toward a form of state-sponsored capitalism or economic fascism designed to fuel wartime production. Related Reading: Ethereum ATH Above $4,800? Here’s How High It Will Go If 2021 Repeats According to the crypto founder, this strategy encourages banks to lend freely to companies without government-guaranteed profits. He noted that when the fiat supply increases without a corresponding rise in raw materials or labor, inflation becomes unavoidable. To manage this, he suggests the government may need to blow bubbles in non-essential assets like crypto, to absorb excess credit without destabilizing essentials like food or housing. Furthermore, Hayes believes that just as Ethereum stands to benefit from this environment, stablecoins may play a key role in building it. As the crypto market cap grows, so does the amount stored in stablecoins, most of which are reinvested into US Treasury bills. For instance, if the market cap of crypto hits $100 trillion by 2026, the BitMEX co-founder predicts that stablecoins could indirectly fund trillions in government debt, ultimately making crypto an integral player in sustaining wartime fiscal policies. Featured image from iStock, chart from Tradingview.com
As the crypto market heats up for the top summer altcoin season, all eyes are on the battle between meme giant Dogecoin (DOGE) and the fast-rising DeFi disruptor Mutuum Finance (MUTM). Mutuum Finance (MUTM) is priced at $0.03 in presale phase 5. It can never be below that, and there is also a 16.67% token…
BitcoinWorld SPON Token: Unleash the Future of Decentralized Compute with Spheron’s Imminent Listing The cryptocurrency world is constantly buzzing with innovation, and one of the most anticipated events for July is the official launch of Spheron’s native digital asset, the SPON token . This isn’t just another token entering the market; it represents a pivotal step for Spheron, a project dedicated to building a decentralized compute stack tailored for the burgeoning fields of Artificial Intelligence (AI) and Web3. For anyone tracking the convergence of cutting-edge technology and blockchain, the arrival of the SPON token on major exchanges marks a significant milestone. Understanding the Spheron Ecosystem and the Role of the SPON Token Before diving into the listing details, let’s unpack what Spheron is all about. Imagine a world where computing power isn’t controlled by a few centralized giants but is instead distributed across a vast network of participants. That’s the vision Spheron is bringing to life. It’s creating a decentralized infrastructure that allows developers and businesses to access scalable, secure, and censorship-resistant compute resources, which are crucial for the demanding needs of AI models, dApps, and other Web3 applications. Within this innovative ecosystem, the SPON token isn’t just a speculative asset; it’s the lifeblood that powers the entire network. It serves multiple fundamental purposes, acting as the primary medium for value exchange and participation. Without the SPON token , the decentralized compute stack wouldn’t be able to function as intended, facilitating transactions, incentivizing participation, and enabling community governance. The Anticipated SPON Token Listing: Where and When? The crypto community has been eagerly awaiting the public availability of the SPON token , and the wait is almost over! According to a report by Crypto Briefing, Spheron has confirmed that the SPON token will officially launch on July 29, 2024, at 09:00 UTC . This precise timing ensures a synchronized global rollout, allowing participants from various time zones to access the token simultaneously. What’s even more exciting is the lineup of top-tier cryptocurrency exchanges that will facilitate this launch. Spheron has secured listings on: Bitget: Known for its robust trading features and derivatives market. Gate.io: A long-standing exchange offering a wide array of altcoins and trading pairs. MEXC: Popular for its diverse token listings and user-friendly interface. The decision to list on these prominent platforms is strategic. It ensures significant liquidity for the SPON token from day one, making it accessible to a broad global audience of traders and investors. High liquidity is crucial for price stability and efficient trading, reducing slippage and allowing for smoother entry and exit points for participants. This widespread availability also underscores Spheron’s commitment to broad adoption and decentralization, ensuring the token isn’t confined to niche markets. Unlocking Utility: How the SPON Token Powers Spheron’s Ecosystem The true value of any blockchain token lies in its utility, and the SPON token is designed with a clear set of functions that are integral to the Spheron network’s operation and growth. Let’s delve deeper into its core uses: 1. Payments for Decentralized Compute Resources At its core, Spheron enables users to access decentralized computing power. The SPON token serves as the primary currency for these transactions. Imagine a developer needing to run a complex AI model or host a Web3 application. Instead of paying in traditional fiat or other cryptocurrencies, they will use SPON tokens to acquire the necessary compute resources from providers within the Spheron network. This creates a closed-loop economy where the token has inherent demand driven by actual usage of the platform’s services. 2. Staking for Network Security and Rewards Staking is a crucial mechanism in many decentralized networks, and Spheron is no exception. Holders of the SPON token will have the opportunity to stake their tokens, locking them up to support the network’s security and operations. In return for their commitment, stakers can earn rewards, which could come from transaction fees, newly minted tokens, or other incentives. This mechanism not only secures the network but also aligns the interests of token holders with the long-term success and stability of the Spheron ecosystem, encouraging responsible participation. 3. Governance and Community Participation Decentralization isn’t just about distributed compute; it’s also about distributed control. The SPON token will empower its holders with governance rights, allowing them to participate directly in the decision-making processes that shape Spheron’s future. This means token holders can: Vote on proposals for protocol upgrades and new features. Influence treasury management and resource allocation. Propose changes to the network’s parameters and fee structures. This governance model fosters a truly community-driven project, ensuring that the development and evolution of Spheron align with the collective interests of its users and stakeholders. It moves beyond a centralized corporate structure, putting power directly into the hands of those who use and believe in the network. Navigating the Market: Potential and Challenges for the SPON Token The launch of any new token brings with it both immense potential and inherent challenges. For the SPON token , its future trajectory will likely be influenced by several factors: Potential Growth Drivers: Explosive Growth of AI and Web3: Spheron is positioned at the intersection of two of the most rapidly expanding technological sectors. As demand for decentralized compute for AI models and Web3 applications surges, so too could the demand for the SPON token . Unique Value Proposition: By offering a truly decentralized alternative to centralized cloud providers, Spheron addresses critical concerns around data privacy, censorship, and vendor lock-in, which could attract a significant user base. Strong Utility: The clear and diverse utility of the SPON token for payments, staking, and governance provides fundamental demand, rather than purely speculative interest. Potential Challenges: Market Volatility: Like all cryptocurrencies, the SPON token will be subject to the inherent volatility of the broader crypto market. External factors and macroeconomic conditions can significantly impact its price. Competition: While Spheron offers a unique decentralized approach, it still operates in a competitive landscape with both centralized cloud providers (AWS, Azure, Google Cloud) and other decentralized compute projects. Adoption Rate: The long-term success hinges on the widespread adoption of Spheron’s platform by developers and enterprises. This requires effective marketing, robust technology, and a seamless user experience. For potential participants, it’s crucial to conduct thorough due diligence. Understand Spheron’s roadmap, the team behind it, and the long-term vision. Consider the token’s utility within the ecosystem rather than just its speculative potential. Diversifying your portfolio and investing only what you can afford to lose are always prudent strategies in the volatile crypto space. Conclusion: A New Era for Decentralized Compute with the SPON Token The upcoming listing of the SPON token on Bitget, Gate.io, and MEXC on July 29, 2024, is more than just a trading event; it’s a significant step forward for Spheron and the broader decentralized technology landscape. By powering a decentralized compute stack for AI and Web3, the SPON token embodies the principles of decentralization, offering a glimpse into a future where computing power is democratized, censorship-resistant, and community-governed. As Spheron continues to build and expand its ecosystem, the SPON token will play an indispensable role in facilitating transactions, securing the network, and empowering its community. Its launch marks the beginning of an exciting journey, promising to unleash new possibilities for developers, AI innovators, and Web3 enthusiasts worldwide. Keep an eye on July 29th – it could be a date that shapes the future of decentralized computing. Frequently Asked Questions (FAQs) What is Spheron and what problem does it solve? Spheron is a decentralized compute stack designed for AI and Web3 applications. It aims to solve the problems associated with centralized cloud computing, such as vendor lock-in, censorship, high costs, and privacy concerns, by offering a distributed, secure, and scalable alternative for compute resources. What is the primary purpose of the SPON token ? The SPON token is the native utility token of the Spheron ecosystem. Its primary purposes include serving as the payment currency for decentralized compute resources, enabling staking for network security and rewards, and granting holders governance rights to participate in the project’s decision-making. When and on which exchanges will the SPON token be listed? The SPON token is scheduled to be listed on July 29, 2024, at 09:00 UTC. It will be available for trading on major cryptocurrency exchanges including Bitget, Gate.io, and MEXC. How can I participate in the Spheron ecosystem beyond trading the SPON token ? Beyond trading, you can participate by utilizing Spheron’s decentralized compute services for your AI or Web3 projects, staking your SPON token to earn rewards and contribute to network security, or actively engaging in the governance process by voting on proposals. What are the key benefits of using a decentralized compute stack like Spheron? Key benefits include enhanced security and privacy due to distributed infrastructure, resistance to censorship and single points of failure, potentially lower costs compared to centralized alternatives, and greater control and transparency for users and developers. Did you find this article insightful? Share it with your friends and fellow crypto enthusiasts on social media to help spread the word about Spheron and the exciting launch of the SPON token ! To learn more about the latest crypto market trends, explore our article on key developments shaping the decentralized compute landscape and its institutional adoption. This post SPON Token: Unleash the Future of Decentralized Compute with Spheron’s Imminent Listing first appeared on BitcoinWorld and is written by Editorial Team
Cryptocurrency markets are bracing for significant volatility in August. Trump's tariffs could lead to inflation in U.S. Continue Reading: Global Trade Moves Shake Cryptocurrency Markets The post Global Trade Moves Shake Cryptocurrency Markets appeared first on COINTURK NEWS .
The Binance Coin price has stuck to the $764 level today, with its consolidation coming as other major tokens – including BTC and SOL – suffer drops in the past 24 hours. BNB remains up by 3% in a week and by 18% in the past month, with the exchange token also sitting on a 36% increase in the past year. The alt is also fresh from setting a new record high of $808 earlier this week, and onchain analysis indicates that this is largely the result of rising adoption for Binance and its native token. So with the market set for further gains in the coming weeks and months, the long-term Binance Coin prediction remains incredibly bullish. Binance Coin Price Prediction: On-Chain Activity Triples as Price Dips – Is BNB the Next Solana? Posting on X, trader Axel Bitblaze observed that BNB has seen a significant spike in activity in recent weeks, including an impressive tripling of daily transactions, to 20 million. This is in addition to a doubling of monthly active addresses and a 400% increase in DEX volume, as well as recent updates that have made BNB Chain faster and more efficient. Damn $BNB silently went into price discovery mode and nobody is talking about it yet. let me walk you through on whats really going on: On the @binance exchange side, $BNB gives you trading fee discounts, staking yield, free airdrops via Launchpool all the stuff that keeps… pic.twitter.com/g3YunCzibt — Axel Bitblaze (@Axel_bitblaze69) July 24, 2025 Indeed, if we look at the BNB transaction data ourselves, we find that a big jump happened around May 3, when daily transactions stood at only 4.5 million. Since then, it has more than tripled, with BscScan suggesting that there was a peak of 17.6 million on June 20, and that today’s figure is 13 million. As such, volumes are consistently higher than they had been for the three and half years since late 2021 (save for a massive spike to 32.6 million in December 2023). This suggests that BNB Chain is steadily becoming a big fixture in crypto, with DefiLlama data indicating that it has a TVL of $6.7 billion, putting it third behind Solana (2nd) and Ethereum (1st). And this growth is reflected in Binance Coin’s price chart, which continues to display very strong momentum. In fact, BNB’s momentum has been so strong recently that it’s possible it may suffer a correction in the near term, with its RSI (yellow) falling from an overbought 90 today. Source: TradingView Its MACD (orange, blue) has also peaked in the past day or so, and could be on its way down, with the Binance Coin price. However, because BNB’s fundamentals remain strong, the alt could return to $800 in the next couple of weeks, before reaching $900 in Q4. Best Wallet Raises Over $14 Million for Native Token: Best New Altcoin for Fundamentals? While BNB looks like it could grow from strength to strength, it isn’t the only altcoin that could outperform the market in the second half of the year. There are also several interesting presale coins available right now, with one of the strongest being Best Wallet Token (BEST) , the native coin of the popular Best Wallet app. The presale for BEST opened a few months ago, and now it has raised in excess of $14.1 million, making it one of the biggest sales of 2025. Over $14M Raised & Climbing! Built for traders who want speed and early access. Buy early-stage tokens straight from the app Swap and bridge across chains with ease Clean interface, full control of your assets Download Best Wallet https://t.co/YZVS4oxbqw pic.twitter.com/he2vFsrNK9 — Best Wallet (@BestWalletHQ) July 21, 2025 In contrast to most presale coins, BEST will launch with a strong use case, given that it will be the native token of Best Wallet, which currently boasts over 250,000 active monthly users. And as the wallet’s native token, it will provide numerous benefits to holders, including discounts on fees, governance rights and early access to new tokens and projects. Holders will also be able to stake the token, giving themselves a regular income, on top of any price gains. Given that BEST’s presale has already raised so much, its future prospects look very good indeed, with newcomers able to join its presale by going to the Best Wallet Token website . BEST is currently selling for $0.025385, although this will rise again in just under two days. The post Binance Coin Price Prediction: On-Chain Activity Triples as Price Dips – Is BNB the Next Solana? appeared first on Cryptonews .
BlackRock’s Ethereum exchange-traded fund, ETHA, has shot past $10 billion in assets under management. It is now one of the fastest-growing ETFs ever, joining two other cryptocurrency funds in the ranks. BlackRock’s ETHA Achieved $10 Billion AUM Milestone In Just 251 Days BlackRock’s ETHA has become the third-fastest exchange-traded fund to break the $10 billion
Strategy announced the upcoming placement of its Stretch (STRC) preferred shares. The offer will be priced at $90, expected to close on July 29. Strategy (MSTR) announced the extension of its preferred share program. Stretch (STRC) will be priced at $90, with the sale round expected to close on July 29. The price is at the bottom of the range where the firm intended to sell at a face value of $100. The placement announcement adds to the final features of STRC after the initial announcement. Strategy is preparing to place 28,011,111 shares at a public offering price of $90 per share. The company expects to raise $2.474B after commissions and fees. The higher amount of shares were announced after the STRC product was oversubscribed. The final offer surpasses even the corrected raise of $2B announced earlier this week. As with other preferred stock offerings, the proceeds of STRC will go toward acquiring more BTC and for the company’s working capital. At the current sale rate, STRC may help add between 17,000 and 21,000 BTC, depending on the market price. The raise is higher than the initially announced $500M , potentially showing heightened interest for new types of Strategy assets. The sale of STRC arrives after Strategy announced two weekly rounds of BTC acquisition financed solely with preferred shares. While the preferred shares may be riskier, this also prevents further dilution from MSTR issues. STRC to offer cumulative dividends STRC will accumulate dividends at a variable rate, and dividends will be payable when authorized by Strategy’s board. The initial monthly regular dividend will be at 9% annualized, but the rate may be adjusted at Strategy’s discretion. STRC issuance will be variable, aiming to maintain a $100 peg. To achieve this, Strategy will adjust the dividend rate, issue more STRC at $101, recall shares, or turn off the sale program under $99. STRC will be one of the most responsive products for Strategy, immediately reflecting demand and market conditions. The new instrument is issued as shares, but behaves like a passive income bond. During favorable times, Strategy can force a repurchase of STRC. During unfavorable BTC price periods, holders can sell back their shares at face value. The STRC dividend rate can be adjusted monthly, but by no more than 0.25% up or down. STRC is thus an instrument to pump cash into BTC, while behaving like a short-term fixed income instrument. The potential for yield and stability may make STRC appealing to mainstream retail investors. The STRC dividends will be paid out in cash, another feature that emulates short-term bonds. MSTR holds above $400 Despite the recent slide in BTC, MSTR shares still traded above $406. STRK preferred shares hovered around 111, STRF traded at $112, and STRD was at $0.87. The preferred shares gained support from a series of private placements, as well as general demand. STRC is not backed by the underlying BTC, which is reserved for only some of Strategy’s investors. Despite the instrument, Strategy’s approach works only if its market activities cause hype and more upside for BTC. The new STRC shares will be senior to STRK and STRD, as well as MSTR common stock, but junior to STRF and convertible bonds from previous rounds. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Ripple’s Garlinghouse has warned the public against an abundance of XRP scams targeting users of the cross-border payments crypto on YouTube.
Further adventures in bulge bracket rationalisation of number-go-up economics
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