On July 3rd, Circle expanded its stablecoin supply by issuing an additional 250 million USDC on the Solana blockchain. This strategic move, confirmed by recent on-chain data, underscores Circle’s commitment
Although Ethereum (ETH) has yet to experience a major rise, rapidly increasing institutional accumulation could open the door to a bull rally for ETH. Because many corporate companies have been accumulating huge amounts of ETH lately. At this point, the latest acquisition news came from Matrixport, Abraxas Capital and SharpLink Gaming. According to Lookonchain's post, Matrixport and Abraxas Capital withdrew more than $230 million worth of ETH from exchanges. An address thought to be connected to Matrixport withdrew 40,734 ETH worth $104 million from crypto exchanges Binance and OKX in the last 24 hours, while Abraxas Capital withdrew 48,823 ETH worth $126 million from Binance and Kraken in the same period. London-based asset management firm Abraxas Capital purchased approximately $500 million worth of Ethereum (ETH) in just six days in mid-May. In parallel with these purchases, the ETH price also made a big rise, rising from $1,800 to $2,600 in the six days from May 8 to May 14. Institutions are accumulating $ETH ! A wallet possibly linked to #Matrixport withdrew 40,734 $ETH ($104M) from #Binance and #OKX over the past 24 hours. Abraxas Capital withdrew 48,823 $ETH ($126M) from #Binance and #Kraken over the past 24 hours. https://t.co/2qc63CCAqn … pic.twitter.com/TGyw6TKlCy — Lookonchain (@lookonchain) July 3, 2025 Half a Billion Dollar Ethereum Purchase! SharpLink Gaming, which also adopted the Ethereum treasury strategy and is the largest institutional ETH holder after the Ethereum Foundation, also purchased 200,905 ETH (198,167 ETH in the first transaction and 2,738 ETH in the second transaction) worth a total of $ 524 million yesterday and today. Related News: Ethereum's MicroStrategy is Born! The Giant Company Purchases Huge Amounts Again: Becomes the Largest Institutional ETH Holder! CryptoQuant analyst also said that large amounts of ETH were purchased by institutional companies, ETFs and whales last June. Accordingly, the amount of ETH held by wallets that do not belong to centralized crypto exchanges (CEX) and have limited Ethereum output broke a record in June. The amount of Ethereum held in these wallets reached 22.7465 million ETH as of June 30, a massive increase of 35.97 percent in one month. *This is not investment advice. Continue Reading: Whale Purchase That Started the Great Rally in Ethereum in May Has Started! "$754 Million ETH Purchase Has Arrived!" Will the Same Rise Happen?
Standard Chartered forecasts Bitcoin surging to $200,000 by 2025, driven primarily by escalating ETF inflows and supportive regulatory policies. The growing institutional adoption of Bitcoin, facilitated by clearer regulatory frameworks,
XRP trading activity has surged 86% in last 24 hours
Market reactions to US government economic reports have always been powerful catalysts for price movements, particularly within the crypto space. From inflation numbers to jobs data, even the most subtle deviation from expectation can send assets into sharp swings. In many cases, these shifts are not immediate. This is why the latest unemployment report was closely watched. Most assumed a negative outcome would trigger a sharp correction, or at the very least a fresh bout of volatility. And yet, even as the report landed with surprising strength, Bitcoin did the unexpected again and dumped. However, its rebound, swift and clean, has now become the centerpiece of speculation as the next leg of upward momentum begins to take shape. Bitcoin Rebounds Strong Despite Surprising Jobs Data June’s employment data turned out to be a major upside surprise. The US added 147,000 jobs , decisively beating the analyst forecast of just 106,000. The unemployment rate also dropped to 4.1% from 4.2%, in direct contrast to the anticipated rise to 4.3%. For traditional markets, this would typically signal economic strength. For crypto, however, such clarity often brings chaos. JUST IN: The US 🇺🇸 unemployment rate fell to 4.1% in June 2025 from 4.2% in May, against market expectations of 4.3%. The rate has stayed between 4.0% and 4.2% since May 2024, indicating labor market stability. #unemployment #economy pic.twitter.com/OTHIiIZFoS — Crypto Dives (@MakroDives) July 3, 2025 The moment the figures were published, Bitcoin’s price took a sharp dip. It had been hovering around the $110,000 level before swiftly dropping below $108,900 in what many described as a flash dump. That alone caught retail traders off guard, who had expected the report to bring caution but not immediate selling pressure. The irony is that better-than-expected news still triggered a selloff, reinforcing the unpredictable ways in which crypto reacts to macroeconomic indicators. Yet within minutes, the market reversed course. Buyer volume surged just as rapidly as the dump occurred, pushing Bitcoin right back to its earlier levels. This kind of V-shaped move is often interpreted as a sign of underlying confidence. Some see it as a possible instance of strategic accumulation, where institutions or large players take advantage of momentary retail weakness to secure stronger positions. Regardless of the motive, the rebound above $110,000 has now strengthened the view that Bitcoin remains resilient. This also suggests that support zones are tightening, and with labor market indicators showing consistency, the wider market might interpret this as a green light for continued bullishness. Best Crypto to Buy Now - Projects That May Trend As Investors’ Attention Increases SUBBD With the US unemployment rate dropping unexpectedly, the narrative of job creation and opportunity has taken center stage again. And while most eyes are still on traditional sectors, SUBBD has quietly been building a creator-centric economic layer that may well play a part in the next wave of decentralized employment. SUBBD is not simply a content hosting platform. It is a creator-owned infrastructure designed to ensure that revenue flows back into the hands of those producing the content rather than intermediaries. This changes how influence, information, and income move in digital ecosystems. For creators, this means more than just a place to publish. It offers a financial model where subscriptions, tips, premium content, and micro-communities operate without centralized platforms skimming off the majority. That opens the door to sustainable, independent income at scale. As macroeconomic indicators show a strengthening labor market, projects like SUBBD sit well with this new direction. It turns digital visibility into capital, and it does so on-chain. The user base is evolving from speculative early adopters to real professionals who view blockchain as a tool rather than a trend. It has already been endorsed by top creators like ClayBro and others, adding to its popularity and trust factor. In a market like this, where investor attention is leaning towards tangible utility and user-driven models, SUBBD is positioned at a very strong intersection. If Bitcoin’s rebound is a signal of the next bullish leg, then the creator economy’s expansion may follow suit, and SUBBD could very well be a key player leading that charge. Token 6900 The crypto market has always swung between seriousness and satire. Token 6900 leans hard into the latter, but make no mistake, its timing and structure suggest a deeper understanding of how narratives move this market. With Bitcoin rebounding cleanly from its post-report dip, many believe that the speculative phase may reignite. That creates the perfect backdrop for tokens like 6900, which do not rely on long whitepapers or roadmap jargon, but on raw energy, meme culture, and irony weaponized as community fuel. Token 6900 positions itself as a cultural capsule from the last memecoin cycle. It brings back everything that defined the earlier mania with chaotic graphics, bizarre tone, and absurd web design. And somehow, that chaotic energy is exactly what investors seem to be waiting for. Especially now, as prices begin to climb and fear turns into curiosity again. What makes Token 6900 stand out is its unapologetic approach. It is not trying to please everyone. It is here to cater to the same tribe that made previous degen tokens 100x in weeks. And unlike random meme coins with no storyline, Token 6900 is tapping into a very specific visual and narrative aesthetic that has already proven to work, particularly referencing its loose alignment with SPX 6900 and its deep-cut internet themes. If capital starts rotating back into the higher-risk pockets of crypto, Token 6900 may not just start the degen crypto movement again. It might help shape it. And that makes it worth watching closely. Snorter In the past few months, the demand for accessible trading tools inside messaging apps has quietly exploded. Snorter has emerged as one of the most focused plays on this trend. Built to function directly within Telegram, Snorter combines an AI-powered interface with multi-chain connectivity, allowing users to trade, track, and manage crypto activity without leaving the chat environment. The brilliance of Snorter is in how much it eliminates friction. Users no longer need to toggle between exchanges, wallets, and price trackers. With Snorter, everything happens inside the interface they already use every day. This has huge implications, especially as new investors return to the market following Bitcoin’s resilience. In moments of sharp movement, like the recent flash dip and rebound, fast reaction times become everything and Snorter turns Telegram into a trading terminal that can respond in seconds. More than just speed, it also offers customization. From sniping tools to AI price insights and portfolio monitoring, Snorter is built for users who want more control but less clutter. It bridges casual Telegram users with serious DeFi functions in a way that few projects have done effectively. As crypto gears up for a possible speculative wave, tools like Snorter will likely see more demand. The project does not just benefit from a bullish market — it enhances a trader’s ability to survive one. That positions it as both a product and a utility layer, and it makes Snorter increasingly difficult to ignore. Best Wallet Token As Bitcoin stabilizes above key support levels and confidence begins returning to the broader market, investor behavior is shifting with it. The rush is no longer just about finding the next 10x token, but also about equipping oneself with the right tools to navigate whatever cycle comes next. Best Wallet Token stands out here because it does not simply ride on speculative hype. It is backed by infrastructure that is already useful, already adopted, and already ahead of what most wallets today offer. Best Wallet is a high-performance Web3 wallet that supports over 60 blockchains. That level of connectivity matters now more than ever. In a market where cross-chain activity is becoming standard, the ability to seamlessly move, manage, and interact with assets across multiple networks is no longer a premium feature. It is essential. Best Wallet delivers this with a UX that feels familiar but operates on far more advanced rails. 🔥 Over $13M Raised and Counting! 🔥Best Wallet is becoming the go-to for traders who want speed, simplicity, and early access to what matters:✅ Buy new tokens early, directly in-app✅ Buy and bridge across chains in one place✅ Full portfolio control, no clutterDownload… pic.twitter.com/0SDNVPov6v — Best Wallet (@BestWalletHQ) June 4, 2025 But the token itself is where the utility deepens. Best Wallet Token is not just a governance piece. It is integrated into access, tiered features, staking incentives, and future rollouts of wallet-native applications. This gives it actual use across a growing product suite, not just abstract value. The project has raised upwards of $13 million already, and could soon be ready to launch in the coming weeks. With investor attention returning and market participants setting up for longer plays, wallets become central again. They are the access point. The control layer. And Best Wallet, with its expanding reach and real-world functionality, may be one of the few built to handle what’s coming next. Conclusion The current market sentiment, paved by Bitcoin’s resilience and reinforced by stronger economic indicators, has created a positive backdrop for high-potential crypto assets. Projects that offer a pathway to emerging user behavior, provide real utility, or tap into renewed investor energy are gaining traction fast. From infrastructure plays to cultural tokens and creator-driven ecosystems, the trend is clear; the market is rewarding relevance and readiness. As momentum builds and capital begins flowing with greater conviction, this may be a prime window to consider assets that are not only built for speculation, but also designed to thrive in the next stage of the cycle. 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.
Despite a deep stock drop, political backlash, and sinking sales, Tesla’s most diehard retail investors aren’t going anywhere. The electric carmaker’s shares have plunged 34% from their record high, and its second-quarter sales just dropped nearly 14%, missing analyst predictions. Meanwhile, Donald Trump, now back in the White House, is publicly feuding with Elon Musk, escalating political heat on the company from all directions. Still, regular investors are standing by their man. According to The Wall Street Journal , people like Nick Dolya, a 48-year-old living in Winter Park, Florida, are still all-in. Nick says he owns $500,000 in Tesla stock, and this year, instead of selling, he’s been adding more. “I’m not a car junkie, but it’s very safe, and I think it’s one of the best car experiences. It’s kind of like what [the] iPhone was 10 years ago,” Nick said. He, his wife, and his daughter all drive a Model Y. He’s planning to buy a fourth Model Y when his youngest daughter turns 16 next year. His 20-year-old son didn’t get one because of limited chargers near his college campus. Retail buyers double down as institutions pull back Nick says he’s personally convinced 20 people—friends, neighbors, and coworkers—to buy a Model Y. He says it’s not about hype. He thinks half the cars on the road could eventually be Model Y vehicles. And while Elon is getting slammed from both parties in Washington, and his approval numbers are down, none of that seems to be shaking Nick or thousands of others holding the stock. Even with falling delivery numbers, Tesla shares jumped 5% on Wednesday. That came just hours after the company’s disappointing sales report. And it wasn’t Wall Street driving that recovery. It was individual traders. On Interactive Brokers, Tesla was the most actively traded stock during the five days ending Monday. The platform logged 236,826 buy orders, massively outpacing the number of shares sold. The buying frenzy didn’t stop there. Traders also poured into a fund that offers double the exposure to Tesla’s price moves, showing that retail traders are looking to juice their positions even more. They’re not cutting losses, they’re actually chasing them harder. But Wall Street doesn’t share that optimism. Analysts are still warning that Tesla’s valuation is overinflated. Right now, the stock trades at 132 times its trailing 12-month earnings, way above its 10-year average of 125.7. By comparison, companies in the S&P 500 average just 22.2 times earnings. And many experts say that kind of multiple just isn’t sustainable. Analysts lower targets while fans raise bets Garrett Nelson, senior equity analyst at CFRA Research, released a note Wednesday with a valuation model that puts Tesla’s fair value at $258 per share, which is 18% below its current price. Garrett’s firm kept a “hold” rating and slapped a 12-month target of $320 on the stock. Across 54 analysts tracked by FactSet, the average target is $311.12. So while retail investors think they’re buying early, analysts think they’re overpaying. Still, this isn’t a normal stock story. Tesla has more retail support than any of the other top US tech companies, including Apple and Amazon. In FactSet’s breakdown of shareholder types, Tesla has the highest percentage of “other” investors, a category that excludes big institutions and insiders. It’s filled with individuals using trading apps, crypto bros on X, and people betting their future on TSLA. Some say they’ve made serious profits riding the stock’s wild swings. Others are betting long-term, ignoring analyst targets and traditional metrics. The retail crowd has stuck around through every drop and spike, and they don’t seem scared of another one. That belief extends beyond just stock ownership. Elon Musk has used the inflated share price to raise billions of dollars for his other ventures, many of which aren’t making money and probably won’t for a long time. But thanks to Tesla’s performance, he keeps getting more money. Love him or hate him, but Elon really is one of the greatest businessmen alive. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Tether Holdings Ltd., the issuer of the USDT stablecoin, has signed a memorandum of understanding (MoU) with South American agribusiness firm Adecoagro S.A. The agreement was disclosed in a press release on Tether’s website on Thursday. The two companies plan to collaborate on a Bitcoin mining pilot project in Brazil, merging renewable energy capabilities with Tether’s digital asset expertise. Adecoagro is a Nasdaq-listed company with major operations in Argentina, Brazil, and Uruguay that currently manages over 230 megawatts of electrical generation capacity sourced from renewables. Adecoagro to use Tether mining software According to the statement , the pilot project will be launched using Tether’s proprietary Mining OS, a mining site management software. Tether announced that the software will be open-sourced in the coming months. Adecoagro’s company policies on related-party transactions state that its Independent Committee has reviewed and approved the initiative. The company sees this mining project as more than a means of monetizing surplus electricity. It is seeking to diversify its balance sheet with digital assets like Bitcoin. “ We’re excited to explore innovative ways to maximize the value of our renewable energy assets ,” reckoned Mariano Bosch, Co-Founder and Chief Executive Officer of Adecoagro. Bosch explained that the partnership could allow the company to stabilize the pricing of energy it currently sells on the spot market while gaining upside exposure to Bitcoin. Speaking on the new MOU, Tether CEO Paolo Ardoino talked about the synergy between Adecoagro’s agricultural energy infrastructure and Tether’s portfolio of mining operations. “ This project is another step in our growing commitment to renewable-powered bitcoin mining ,” said Ardoino. “ It highlights the potential to align agricultural energy production with cutting-edge digital infrastructure .” Adecoagro is in the sustainable food and energy production business, but has now promised to assess Bitcoin mining as an alternative source of demand for its existing power generation infrastructure. Using 230 megawatts (MW) of power capacity, a Bitcoin mining operation can deploy thousands of ASIC machines such as the Antminer S19 XP, consuming roughly 3,000 watts. At this scale, the operation could reach a hash rate of approximately 6.9 exahashes per second (EH/s), roughly 1.6% of the Bitcoin network’s total hash rate, which currently stands near 430 EH/s. Given the current mining difficulty and an average block reward of 3.125 BTC post-halving, a setup could mine a full block approximately once every 2 to 3 days. If efficiently managed and powered by low-cost renewable energy, Adecoagro facilities would rank among the world’s largest industrial-scale mining operations. Ardoino believes the USDT parent company will become the biggest bitcoin miner by the end of 2025. Tether recently disclosed it holds more than 100,000 BTC, worth over $10 billion. Tether takes an extra step into Africa with Zanzibar partnership On July 1, Tether also announced a collaboration with the semi-autonomous archipelago of Zanzibar, located off the coast of Tanzania. The company signed another MOU, this time with the Zanzibar eGovernment Authority, to improve the financial inclusion and blockchain education on the islands. As part of the initiative, Tether plans to work alongside educational institutions in Zanzibar to incorporate blockchain and digital asset knowledge into school and university curricula. This could help citizens add to their knowledge about decentralized technologies and encourage the development of a local digital economy. Tether also intends to integrate its stablecoins, including the US dollar-pegged USDT and gold-backed XAUT, into ZanMalipo, Zanzibar’s government-controlled digital payments platform. Through ZanMalipo, local users can legally engage with digital currencies directly through an official channel. “This MOU with the Zanzibar eGovernment Authority reflects our commitment to advancing financial literacy and sustainable blockchain innovation in Africa,” Ardoino said. The Tether CEO added that by investing in educational initiatives and integrating digital assets into formal systems, the company is helping lay the foundation for a compliant and inclusive financial future. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
As cryptocurrency market recovers, meme cryptocurrencies are leading upsurge
Address poisoning attacks continue to pose a significant threat to cryptocurrency users by exploiting address similarities and technical vulnerabilities to divert funds. These attacks leverage sophisticated methods such as phishing,