July 14, 2025, marks the beginning of Crypto Week in D.C. The event signals that the administration continues its work on regulating (and sometimes deregulating) the crypto space. The results of the first half of 2025 indicate little to no easy wins for the industry, but some advances in place can’t be ignored. Rare wins One of the promises Trump made during his campaign was a full pardon to Ross Ulbricht, the creator of the Silk Road marketplace. Charged with engaging in a continuing criminal enterprise, money laundering, and drug trafficking, he was sentenced to life in prison in 2013 following his arrest in Manhattan. Ulbricht was among the first to create a high-scale business accepting Bitcoin, playing a major role in Bitcoin’s grassroots adoption. While Ulbricht admitted his brainchild turned out to be harmful—as it facilitated fatal overdoses for many—he remained a symbolic hero for many early bitcoiners who believed 12 years served in prison was enough to pay for his crimes. Indeed, at the end of his first day in office, Trump signed a full, unconventional pardon for Ross, a move lauded by the crypto community. FREEDOM!!!! pic.twitter.com/itRuuyFAxe — Free_Ross (@Free_Ross) January 22, 2025 Ross wasn’t the only one who could breathe a sigh of relief thanks to the new administration. BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, charged with financial crimes, were pardoned too. Now, the developers of Bitcoin mixers accused of money laundering hope for a more favorable outcome , as they didn’t launder money and only created the tool used by criminals and law-abiding citizens. The pardon of early Bitcoin evangelist Roger Ver, charged with tax fraud, was reportedly discussed by Elon Musk while serving in the Department of Government Efficiency. Still, it doesn’t appear that Ver’s fate is significant for the POTUS. Read more: Trump pardons BitMEX founders, is ‘Bitcoin Jesus’ Roger Ver next? Once anti-crypto Gary Gensler resigned from his position as chairman of the Securities and Exchange Commission following Trump’s inauguration, the SEC became one of the most crypto-friendly agencies in the U.S. The agency used a combination of executive actions and guidance to create a smoother path for U.S. cryptocurrency businesses to develop in a loose and predictable legal environment. More than that, the SEC welcomed crypto business leaders and experts to help shape new industry rules. A Crypto Task Force created in January 2025 is working to provide U.S. crypto entrepreneurs and innovators with a much-needed framework. Names like Hester Peirce, Mark Uyeda, and Paul S. Atkins are associated with the positive shift in the legal status of cryptocurrency. The old-fashioned application of securities laws to cryptocurrencies caused significant trouble for the industry, an approach left behind in 2025. The memecoins’ status changed to “collectibles,” paving the way for less restrictive business in that sector. JUST IN – 🇺🇸 SEC Commissioner Hester Peirce on regulating the Bitcoin and crypto industry: "I'm a freedom maximalist." pic.twitter.com/No9myXE423 — Bitcoin Magazine (@BitcoinMagazine) February 11, 2025 The SEC in 2025 dropped several enforcement actions started during the Gensler era. It discontinued legal battles with Coinbase, Ripple, and other key industry players. Challenges and disappointments Another of Trump’s campaign promises was the creation of a Bitcoin stockpile, which echoed Sen. Cynthia Lummis’ plan to create a Strategic Bitcoin Reserve. Many failed to realize how different these two plans were. Trump’s vision, which materialized on March 6, 2025, via executive order, meant the creation of a Bitcoin stockpile composed of seized bitcoins held by the U.S. government (around 200,000 BTC). The reserve may be topped up through budget-neutral methods. Lummis’ plan (and respective bill) proposed the U.S. purchase one million bitcoins over five years. The crypto community lauded this plan, but it did not come to fruition. Instead, Trump’s version was seen as a disappointment by some, as it simply rebranded seized bitcoins as a “reserve.” So government cant buy but only steal crypto 🤔 — Dapp Centre (@degenlifer) March 7, 2025 On top of that, Trump’s order stipulated that an audit of U.S. Bitcoin holdings would be carried out. The audit was due in April, but there have been no updates on the results. Trump opposed work on central bank digital currencies, citing privacy concerns and expressing preference for stablecoins issued by private companies rather than government institutions. However, he did emphasize the need for clearer regulation of stablecoins. The Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS Act, is intended to shape this framework. Some believed it would be adopted in the spring, but the legislation took longer to finalize. Although the GENIUS Act was conceived as a bipartisan effort, during House discussions, Democrats suddenly pushed to include clauses restricting sitting U.S. presidents and other top officials and their families from participating in the cryptocurrency business. While they did not succeed, the bill’s adoption was delayed. Read more: GENIUS Act could bring trillions in institutional crypto capital: experts weigh in The president’s family’s involvement in the crypto industry is a concern shared by both Trump’s critics and some supporters. Trump, his wife Melania, and his sons Eric and Donald are reportedly behind ventures such as World Liberty Finance, memecoins Official Trump and Melania, the mining company American Bitcoin , and other ventures, using their influence as a privilege in the sector. Bloomberg estimates that Trump’s crypto gains reach $620 million at a minimum. Democrats continue their efforts to dismantle Trump’s crypto empire. How have the Trump Administration’s efforts in crypto regulations already influenced the industry? According to Carter Razink , co-founder of the company building stablecoin-backed rewards Spree Finance , the current influence can be described as having both hard and soft impacts. The hard impact is pro-crypto legislation such as the GENIUS Act, which gives stablecoins a definitive, trillion-dollar regulatory runway. The soft impact is that founders no longer fear “Operation Chokepoint 2.0”-style debanking—building the future of finance on U.S. soil now feels safe and even encouraged. Raznik says: “Together, these forces recalibrate the risk profile for digital-asset startups and tilt the scales back toward American innovation. As history shows, when the U.S. hosts the tech giants, it gains disproportionate geopolitical clout. Pairing that technology scale with financial leverage positions America to dominate the next wave of financial technology. We’re already seeing this unfold at Spree Finance, where on-chain stablecoins power rewards programs that work and feel like airline miles or credit card points. The more usable and well-regulated these stablecoins become, the more they’ll bridge traditional finance and the next generation of digital money.” You might also like: U.S. Senate passes landmark Genius Act, aiming to bring clarity in stablecoin regulation
The world’s largest digital asset exchange by trading volume may have played a larger role in the development of World Liberty Financial’s stablecoin USD1 than previously known. According to a Bloomberg report citing unnamed sources, Binance wrote the code for World Liberty Financial’s USD1 stablecoin smart contract. Once coded and promoted, Binance also made stablecoin available for a $2 billion transaction, completed in USD1. According to Bloomberg, approximately 90% of all USD1 is still in Binance-controlled wallets. USD1 launched in March 2025. Two months later, during a podcast interview, former Binance CEO Changpeng Zhao, who was convicted in 2023 of failing to maintain proper anti-money-laundering standards at Binance and has already served a short prison term, confirmed that he had applied for a presidential pardon . The news spurred three US senators to write a letter to the White House seeking answers: “We write to request information about reports that Changpeng ‘CZ’ Zhao, founder and majority owner of cryptocurrency exchange Binance, is seeking a pardon from President Trump. Just weeks ago, Binance, Emirati firm MGX, and World Liberty Financial (WLF)—a cryptocurrency company financially linked to President Trump and his family—announced a $2 billion deal involving USD1, WLF’s stablecoin. The convergence of Mr. Zhao’s pardon application and Binance’s financial entanglements with the President’s family presents urgent concerns regarding the integrity of our justice system… Though he stepped down from his role as CEO after pleading guilty to these charges, Mr. Zhao still owns 90% of the company.” According to a World Liberty Financial spokesperson, Bloomberg’s reporting is “factually deficient and designed to further a political agenda.” A Binance spokesperson reiterated that CZ is no longer the exchange’s CEO. World Liberty Financial is linked with Donald Trump but apparently not controlled by him, escaping any conflict of interest with his presidential duties. Trump has reportedly placed all his assets in a trust controlled by his oldest son. 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 Binance Helped Trump-Linked Crypto Firm Before Founder Changpeng Zhao Sought Pardon: Report appeared first on The Daily Hodl .
Dogecoin has flipped market structure bullish with a strong engulfing candle and volume spike. Price now approaches high time frame resistance, where a correction or breakout will determine the next trend leg. Dogecoin ( DOGE ) has shifted its market structure decisively to the upside after breaking above its high time frame support at $0.15, a level that previously marked the base of its range. Following a bullish engulfing candle and strong volume expansion, price reclaimed the point of control (POC) and triggered a breakout, pushing into higher territory. As DOGE approaches a major resistance cluster, the next few sessions will be pivotal in determining whether the trend accelerates or cools off for a healthy pullback. Key Technical Points Bullish Market Structure Break: Confirmed by engulfing candle and new high. $0.15 Support Reclaimed: Value area low acted as the key reversal zone. Current Resistance at $0.22–$0.24: In confluence with value area high and 0.618 Fibonacci. Next Upside Target at $0.32: Fibonacci extension and prior structural resistance. DOGEUSDT (1D) Chart, Source: TradingView Dogecoin’s recent breakout is technically significant. After weeks of consolidation and failed rallies, price action decisively broke above the $0.15 high time frame support, reclaiming both the POC and establishing a new higher high, effectively flipping market structure bullish. The move was accompanied by strong volume, adding credibility to the rally and suggesting genuine buyer interest rather than a simple short squeeze or anomaly. Currently, DOGE is approaching a well-defined resistance zone between $0.22 and $0.24, where the value area high and the 0.618 Fibonacci retracement level from the prior downtrend converge. This makes the area a strong confluence zone where a short-term rejection is technically healthy, especially if followed by the formation of a higher low, a key component of a sustainable bullish trend. You might also like: Sei price jumps 22% to 5-month high, driven by USDC integration Should price reject here, traders should watch for support tests around prior breakout levels and ensure volume remains steady. This would preserve structure while allowing price action to reset. However, if price breaks above the $0.24 resistance with strong volume continuation, the next expansion target lies at $0.32, which aligns with a key Fibonacci level and a historical price ceiling. Overall, the trend has now shifted bullish. Whether it consolidates or continues upward in the short term, the breakout from $0.15 and structure confirmation sets the stage for further upside. What to expect in the coming price action Dogecoin is now in a bullish phase. A correction from $0.22–$0.24 is likely but healthy. If this resistance breaks with volume, a sharp move toward $0.32 becomes the high-probability scenario. Read more: The Russian crypto industry will gather at the VII Crypto Summit 2025 in September
In a truly electrifying development for the digital asset world, Bitcoin market cap has once again made headlines, soaring past Amazon to reclaim its coveted fifth position among the world’s largest assets by market capitalization. This isn’t just a number; it’s a powerful statement, underscoring the growing influence and undeniable momentum of the world’s premier cryptocurrency. For the first time since May 9, Bitcoin (BTC) has ascended to this elite tier, signaling a significant shift in the global financial landscape. Currently, BTC is trading at an impressive $118,671, reflecting a robust 6.76% increase over the past 24 hours, and boasting a colossal market cap of $2.36 trillion, as reported by CoinMarketCap. This incredible resurgence prompts us to delve deeper into what fuels such a meteoric rise and what it signifies for the future of finance. What Propelled Bitcoin’s Astounding Ascent in Global Assets? The journey of Bitcoin market cap to reclaim its spot among top global assets is a testament to a confluence of factors, each playing a crucial role in its recent trajectory. This isn’t a singular event but rather the culmination of sustained interest, evolving regulatory landscapes, and increasing institutional adoption. Let’s break down the key drivers: Spot Bitcoin ETFs: The approval and subsequent launch of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States have been a game-changer. These investment vehicles provide traditional investors with an accessible and regulated pathway to gain exposure to Bitcoin without directly holding the asset. The consistent inflows into these ETFs have provided a significant demand shock, absorbing large amounts of BTC from the market. Halving Narrative and Scarcity: The anticipation surrounding Bitcoin’s quadrennial halving event, which reduces the supply of new Bitcoin entering the market, continues to build a strong narrative around scarcity. This programmed supply shock historically precedes bull runs, and investors are positioning themselves to capitalize on the expected price appreciation. Macroeconomic Factors: Lingering inflation concerns and a search for alternative store-of-value assets have pushed investors towards Bitcoin. In an era of quantitative easing and depreciating fiat currencies, Bitcoin’s fixed supply cap of 21 million coins makes it an attractive hedge against economic uncertainties. Increasing Institutional Adoption: Beyond ETFs, major financial institutions, corporations, and even sovereign wealth funds are increasingly allocating portions of their portfolios to Bitcoin. This institutional validation lends credibility and stability to the asset class, moving it further into the mainstream. This remarkable climb in global assets highlights Bitcoin’s growing maturity and its undeniable presence on the world stage, challenging traditional financial paradigms. Understanding the Significance: Bitcoin vs. Traditional Giants To truly grasp the magnitude of Bitcoin’s achievement, it’s essential to put its market cap into perspective against other leading global assets . Surpassing Amazon, a tech behemoth with diverse revenue streams and a long-standing presence in global commerce, is no small feat. This comparison isn’t just about market value; it’s about the fundamental nature of these assets. While Amazon represents a centralized, innovative company driven by consumer demand and technological advancements, Bitcoin is a decentralized, peer-to-peer digital currency, a protocol, and a network. Its value is derived from its network effect, security, scarcity, and utility as a censorship-resistant medium of exchange and store of value. The fact that an intangible, decentralized digital asset can command such a significant valuation, surpassing established corporate giants, speaks volumes about the ongoing financial revolution. It signals a growing recognition of Bitcoin as a legitimate, powerful, and potentially transformative asset class. Analyzing the Current BTC Price and Market Dynamics The recent surge in BTC price to over $118,000, coupled with its $2.36 trillion market cap, reflects robust investor confidence and strong buying pressure. This isn’t just speculative fervor; it’s backed by fundamental shifts in market dynamics. The demand side, particularly from institutional vehicles like ETFs, has been consistently strong. On the supply side, the upcoming halving further constrains the flow of new Bitcoin, creating an imbalance that naturally pushes prices higher. Furthermore, on-chain metrics reveal a healthy market. Long-term holders continue to accumulate, indicating a belief in Bitcoin’s future appreciation rather than short-term profit-taking. Exchange reserves of Bitcoin are decreasing, suggesting that fewer BTC are available for immediate sale, which further supports price appreciation. The volume across major exchanges also remains high, indicating active participation from both retail and institutional investors. This period of significant price discovery is characterized by: Increased Liquidity: Higher trading volumes and market depth contribute to more efficient price discovery and reduced volatility swings, making the market more attractive to larger players. Positive Sentiment: News of Bitcoin’s market cap milestone creates a positive feedback loop, attracting more attention and capital from new investors. Network Effect Reinforcement: As more individuals and entities adopt Bitcoin, its utility and value proposition strengthen, further solidifying its position. The current BTC price action is a clear indicator that the market is repricing Bitcoin, acknowledging its growing importance in the global financial ecosystem. The Accelerating Pace of Cryptocurrency Growth Bitcoin’s journey to the top five is emblematic of the broader phenomenon of cryptocurrency growth . While Bitcoin leads the charge, the entire digital asset ecosystem is expanding at an unprecedented pace. We are witnessing innovation across various sectors, from decentralized finance (DeFi) to non-fungible tokens (NFTs), and the emergence of new blockchain technologies. This growth is fueled by: Technological Advancements: Continuous improvements in blockchain scalability, security, and interoperability are making cryptocurrencies more efficient and user-friendly. Regulatory Clarity: While still evolving, increasing regulatory clarity in major jurisdictions is providing a more stable environment for businesses and investors to operate within the crypto space. Global Accessibility: Cryptocurrencies offer financial services to the unbanked and underbanked populations worldwide, fostering financial inclusion on a global scale. Web3 and Metaverse Development: The vision of a decentralized internet (Web3) and immersive virtual worlds (metaverse) heavily relies on blockchain and cryptocurrencies, driving further innovation and adoption. The sustained momentum in cryptocurrency growth suggests that digital assets are not just a passing fad but a foundational element of the future economy. Bitcoin, as the flagship cryptocurrency, often sets the tone for the entire market, and its current success is a beacon for the industry as a whole. Is Bitcoin Truly the New Digital Gold? The narrative of Bitcoin as digital gold has gained significant traction, especially in light of its recent performance and its position among top global assets . Just as gold has served as a traditional store of value for millennia, Bitcoin is increasingly viewed as a modern-day equivalent, offering unique advantages in the digital age. Here’s why this comparison holds weight: Feature Gold Bitcoin Scarcity Finite supply, difficult to extract Fixed supply (21 million coins), programmed halving Durability Physical, does not corrode Digital, indestructible on the blockchain Divisibility Can be melted, but less practical Highly divisible (to 8 decimal places) Portability Heavy, difficult to transport large amounts Easily transferable across borders with internet Verifiability Requires assaying to confirm purity Cryptographically verifiable, transparent ledger Censorship Resistance Can be confiscated by governments Highly resistant to censorship or seizure While traditional gold has its merits, Bitcoin’s digital nature offers unparalleled portability, divisibility, and resistance to censorship. In an increasingly digital and interconnected world, these attributes make Bitcoin a compelling alternative for preserving wealth. Its recent climb in market cap reinforces the idea that institutional and retail investors alike are beginning to embrace Bitcoin not just as a speculative asset, but as a legitimate, long-term store of value, solidifying its role as digital gold for the 21st century. Challenges and What Lies Ahead for Bitcoin While the recent milestones are undoubtedly impressive, it’s crucial to acknowledge the inherent volatility and potential challenges that lie ahead for Bitcoin. The cryptocurrency market is known for its dramatic price swings, and while the long-term trend has been upward, short-term corrections are always a possibility. Regulatory uncertainty, though improving, remains a factor, as different countries adopt varying stances on digital assets. Furthermore, competition from other cryptocurrencies and evolving technological landscapes could also present challenges. However, the future outlook for Bitcoin remains overwhelmingly positive. Its fundamental properties – decentralization, scarcity, and a robust network – continue to strengthen. As global economies grapple with inflation and geopolitical instability, Bitcoin’s appeal as a neutral, borderless asset is likely to grow. Continued institutional adoption, further innovation in the blockchain space, and increasing mainstream understanding will likely propel Bitcoin to even greater heights, potentially challenging even larger global assets in the years to come. Actionable Insights for Investors For those looking to navigate the exciting world of Bitcoin and cryptocurrencies, here are some actionable insights: Do Your Own Research (DYOR): Never invest based on hype alone. Understand Bitcoin’s technology, its value proposition, and the risks involved. Consider Dollar-Cost Averaging (DCA): Instead of trying to time the market, invest a fixed amount regularly. This strategy helps mitigate volatility and build a position over time. Long-Term Perspective: Bitcoin’s history is marked by significant volatility. A long-term investment horizon often yields the best results, allowing you to ride out short-term fluctuations. Diversify Your Portfolio: While Bitcoin is powerful, it’s wise to diversify across different asset classes and even within the crypto space to manage risk. Secure Your Assets: If you hold Bitcoin directly, use secure wallets (hardware wallets are highly recommended) and practice strong security habits. A Lasting Impression: Bitcoin’s Enduring Legacy Bitcoin’s reclamation of the fifth spot among global assets is far more than a fleeting market cap milestone; it’s a profound declaration of its enduring power and its burgeoning role in the future of finance. This achievement solidifies its position not just as a speculative asset, but as a legitimate, transformative force that is reshaping how we perceive value, ownership, and financial freedom. As cryptocurrency growth continues to accelerate, Bitcoin stands as a beacon of innovation, a testament to the power of decentralization, and an increasingly vital component of a diversified investment portfolio. Its journey from an obscure digital experiment to a trillion-dollar asset, challenging the dominance of traditional giants, is a compelling narrative that continues to unfold, promising an exciting and potentially revolutionary future for global finance. To learn more about the latest Bitcoin market cap trends, explore our article on key developments shaping Bitcoin price action and institutional adoption.
The FBI has seized NSW2U.com, a site that hosted pirated Switch games. Those attempting to access the site are now met with a single graphic displaying a warning from federal authorities, in place of the previous display of pirated game files. Source: NSW2U.com This effort adds to Nintendo’s ongoing campaign targeting unauthorized distribution of its software in recent months. It follows Nintendo’s own measures to render non-functional any Switch 2 unit equipped with third-party storage tools. On its main page, an official seizure notice proclaims “This domain has been seized by the Federal Bureau of Investigation, in accordance with a seizure warrant issued pursuant to 18 U.S.C. 2323 issued by the United States District Court for the Northern District of Georgia as part of a law enforcement operation and action by the Federal Bureau of Investigation [and] Fiscal Information and Investigation Service.” FIOD, part of the Dutch government’s financial crime division, hints that the domain’s operators had a base in the Netherlands. Nintendo has a tough stance on game piracy In May, regional authorities across Europe had already restricted entry to NSW2U.com following its addition to an EU watchlist. Now, after the FBI raid, the domain appears permanently shuttered. Nintendo has maintained a strict anti-piracy stance, often seeking hefty financial penalties and criminal prosecutions. In 2021, authorities handed down a 40-month prison term to Gary Bowser, along with a $14.5 million penalty, for facilitating Team Xecuter’s sale of devices that enabled game infringement. He acted as the marketing and public relations coordinator for the group. Although charges were brought against Max Louarn and Yuanning Chen, only Bowser stood trial and was convicted in the U.S.; Chen evaded arrest, and Louarn never faced extradition. Upon his release in 2023, Bowser remained liable for the sizable financial judgment, as per IGN . Moreover, Nintendo now disables Switch 2 consoles if it detects any third-party hardware. This upset used-console buyers and prompted Brazilian regulators to challenge the rule as too harsh. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Bitcoin recently hit a new all-time high, and with the newly attained price, a pause and gradual decline in bullish activity is expected.
Hyper, recognized as one of the top two entities with the highest win rate in the cryptocurrency market, has strategically expanded its BTC short position. The firm recently augmented its
Get ready for a seismic shift in the world of decentralized finance and blockchain technology! The Ethereum Foundation has just dropped a bombshell announcement that promises to redefine the very core of its network. We’re talking about a bold roadmap to integrate Ethereum ZKP (Zero-Knowledge Proofs) directly into the mainnet within an ambitious timeframe of just one year. This isn’t just another upgrade; it’s a monumental leap towards a more private, scalable, and efficient Ethereum, promising to revolutionize how we interact with decentralized applications. The journey begins with an optional layer-1 (L1) zkEVM client, setting the stage for full zero-knowledge integration across the entire protocol stack. So, what does this mean for you, for developers, and for the future of Web3? Let’s dive in. What Exactly Are Zero-Knowledge Proofs, and Why Are They Crucial? Before we explore the profound implications of this announcement, let’s demystify Zero-Knowledge Proofs (ZKP). Imagine being able to prove you know a secret without actually revealing the secret itself. That, in essence, is the magic of ZKP. It’s a cryptographic method where one party (the prover) can convince another party (the verifier) that a statement is true, without conveying any information apart from the fact that the statement is indeed true. In the blockchain context, this means: Enhanced Privacy: Transactions or computations can be verified without exposing sensitive data. For instance, you could prove you meet an age requirement without revealing your birthdate. Superior Scalability: ZKPs allow for the bundling of many transactions off-chain into a single proof. This single, concise proof is then submitted to the main chain, significantly reducing the data load and increasing transaction throughput. Think of it as sending a compressed file instead of hundreds of individual documents. Robust Security: The cryptographic guarantees of ZKPs ensure that the integrity of the information remains intact, making them highly resistant to tampering and fraud. This technology is not just theoretical; it’s already being used in various forms, especially in Layer 2 scaling solutions like ZK-Rollups. However, bringing this capability directly to the Ethereum Mainnet Upgrade signifies a foundational shift, embedding these powerful properties at the network’s very core. How Will Ethereum ZKP Integration Transform the Network? The integration of Ethereum ZKP is set to be a game-changer, addressing some of the most persistent challenges facing the network today, particularly in the realm of Blockchain Scalability . Ethereum, despite its dominance, has grappled with high transaction fees (gas costs) and network congestion during peak demand. ZKP offers a powerful solution: Aspect Current State (Challenges) Future with ZKP Integration (Benefits) Transaction Throughput Limited, leading to congestion and slow confirmations. Significantly increased, enabling more transactions per second. Transaction Costs (Gas) Volatile and often prohibitively high. Reduced drastically due to efficient batch processing. Data Privacy All transaction data is public by default. Ability to verify transactions/states without revealing underlying data. User Experience Can be frustrating due to delays and costs. Smoother, faster, and more affordable interactions. This deep integration means that the benefits of ZKP will not just be confined to Layer 2 solutions but will become an intrinsic part of the base layer, making the entire network inherently more efficient and private. It’s a fundamental architectural improvement that promises to open up new possibilities for dApp development and broader adoption. What Role Does zkEVM Integration Play in This Vision? The roadmap laid out by the Ethereum Foundation begins with a crucial step: the introduction of an optional layer-1 (L1) zkEVM Integration client. But what is a zkEVM, and why is it the starting point for this ambitious journey? A zkEVM, or Zero-Knowledge Ethereum Virtual Machine, is a virtual machine that can execute smart contracts in a way that generates zero-knowledge proofs of the computations. Essentially, it allows for the verification of Ethereum transactions and smart contract executions using ZKPs, while maintaining full compatibility with the existing Ethereum Virtual Machine (EVM). Seamless Compatibility: Developers won’t need to rewrite their existing smart contracts. The zkEVM ensures that code written for the current EVM can run seamlessly within a ZKP environment. This is critical for minimizing disruption and accelerating adoption. Incremental Rollout: Starting with an optional L1 client allows the Ethereum ecosystem to gradually transition and test the technology without forcing a hard fork or immediate, widespread changes. This measured approach ensures stability and robustness. Full Protocol Stack Integration: The ultimate goal is to integrate ZKP across the entire Ethereum protocol stack. This means not just transactions, but state transitions, data availability, and even consensus mechanisms could eventually leverage ZKP for enhanced efficiency and privacy. Imagine a future where every part of the Ethereum network is supercharged by zero-knowledge technology. This strategic approach to zkEVM Integration highlights the Ethereum Foundation’s commitment to a carefully planned and executed upgrade, ensuring the network remains stable while evolving towards its full potential. Are There Challenges on the Road to the Ethereum Mainnet Upgrade? While the prospects of Ethereum Mainnet Upgrade with ZKP are incredibly exciting, it’s crucial to acknowledge that such a transformative undertaking comes with its own set of challenges. Implementing cutting-edge cryptographic technology at the base layer of a multi-billion dollar network is no small feat. Here are some key considerations: Technical Complexity: Developing and deploying ZKP systems, especially zkEVMs, is incredibly complex. It requires highly specialized cryptographic expertise and rigorous testing to ensure correctness and security. Bugs in such foundational code could have catastrophic consequences. Performance Optimization: While ZKPs offer scalability benefits, generating these proofs can be computationally intensive. Optimizing the proof generation process to be fast and efficient enough for real-time network operations is a significant engineering challenge. Adoption and Education: Even with an optional client, ensuring widespread adoption by node operators and developers requires clear documentation, robust tools, and extensive educational initiatives. The community needs to understand the benefits and how to best leverage the new capabilities. Security Audits: Given the sensitive nature of financial transactions and smart contract execution on Ethereum, every component of the ZKP integration will require extensive, independent security audits to identify and mitigate potential vulnerabilities. Coordination and Governance: Rolling out such a significant change across a decentralized network requires immense coordination among various stakeholders, including core developers, client teams, and the wider community. These challenges are not insurmountable, but they underscore the meticulous planning and dedication required from the Ethereum Foundation and the broader developer community to successfully bring this vision to fruition. What Actionable Insights Can We Glean from This Announcement? For various participants in the Ethereum ecosystem, this announcement carries significant implications. Whether you’re a developer, an investor, or a regular user, understanding the potential shifts is key. For Developers: This is a call to action. While the initial L1 zkEVM client might be optional, understanding Zero-Knowledge Proofs and how they interact with the EVM will become increasingly vital. Future dApps might be designed from the ground up to leverage ZKP for privacy and efficiency. Start exploring existing ZK-Rollup frameworks and libraries to get a head start. The tools and frameworks for building ZKP-enabled applications will mature rapidly. For Users: Expect a noticeable improvement in transaction speeds and potentially lower gas fees over time, as the network becomes more efficient. This will make interacting with dApps, DeFi protocols, and NFTs a much smoother and more affordable experience. Keep an eye out for dApps that explicitly advertise ZKP-powered features for enhanced privacy or performance. For Investors: This development reinforces Ethereum’s commitment to long-term Blockchain Scalability and innovation. It strengthens its position as a leading smart contract platform capable of handling mainstream adoption. While the short-term market impact is speculative, the long-term fundamental value proposition of a more efficient Ethereum is clear. For the Broader Crypto Ecosystem: Ethereum’s successful ZKP integration could set a new standard for blockchain design. Other Layer 1s and Layer 2s will likely observe and learn from Ethereum’s approach, potentially accelerating the adoption of ZKP technology across the entire industry. This roadmap is not just about technology; it’s about setting a new paradigm for how decentralized networks can scale while maintaining their core principles of security and decentralization. What Does the Future Hold for Ethereum with ZKP? The integration of Ethereum ZKP is a pivotal step towards realizing the network’s full potential. The vision extends beyond just transactional efficiency. Imagine a future where: Private DeFi: Users can participate in complex financial transactions without revealing their entire financial history to the public blockchain. Enhanced Gaming: Blockchain games could execute complex logic off-chain with ZKP verification, leading to richer, more interactive experiences without compromising decentralization. Decentralized Identity: Individuals could prove attributes about themselves (e.g., age, nationality) without disclosing the underlying sensitive data, fostering truly private digital identities. Enterprise Adoption: Businesses could leverage Ethereum for supply chain management, data sharing, and other applications, confident in the privacy and scalability offered by ZKP. This comprehensive zkEVM Integration strategy is not merely about incremental improvements; it’s about building the infrastructure for a truly global, privacy-preserving, and high-throughput decentralized internet. The next year promises to be one of the most exciting periods in Ethereum’s history as this transformative technology takes root. Conclusion: A New Era for Ethereum The Ethereum Foundation’s ambitious roadmap to integrate Zero-Knowledge Proofs into the mainnet within a year marks a defining moment for the entire blockchain industry. This move directly addresses core challenges related to Blockchain Scalability , privacy, and efficiency, setting the stage for a truly robust and user-friendly decentralized future. By starting with an optional L1 zkEVM Integration client and aiming for full protocol stack integration, Ethereum is embarking on an evolutionary path that promises to unlock unprecedented capabilities for developers and users alike. The journey ahead, while challenging, is paved with the potential for a more secure, private, and vastly more scalable Ethereum Mainnet Upgrade . This is not just an upgrade; it’s the dawn of a new era for decentralized technology, poised to bring the benefits of Web3 to a global audience with unparalleled efficiency and privacy. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum price action and institutional adoption.
Tether, the issuer of the largest stablecoin USDT, announced in its latest announcement that it will stop supporting Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Tether announced that it will discontinue USDT support on the Omni Network (OMNI), Bitcoin Cash (BCH), Smooth Love Potion (SLP), Kusama (KSM), EOS, and Algorand (ALGO) blockchains as part of its strategic infrastructure review. Holders are advised to use or move their tokens in accordance with Tether guidelines. He stated that this change, which will take effect from September 1, is part of the company's strategy to simplify its operations, adapt to changing user demand, and focus on blockchains with higher efficiency and interaction. Tether today announced an update to its plan to halt USD₮ buybacks and freeze remaining tokens on five legacy blockchains (Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand) starting September 1, 2025. Tether's decision follows a thorough review. While these networks played a fundamental role in Tether's early growth, the USD₮ volume circulating on them has declined significantly over the past two years. Tether CEO Paolo Ardoino said: “As the digital asset ecosystem evolves, Tether is committed to adapting. Ending support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement. Tether customers holding USD₮ on Omni, Kusama, SLP, EOS, and Algorand are required to liquidate their holdings as soon as possible or, if they wish, request USDT issuance on a supported blockchain in accordance with our Terms of Service. Tether to Wind Down USD₮ Support for Five Legacy Blockchains as Part of Strategic Infrastructure Review Learn more: https://t.co/MxVGdUnEhA — Tether (@Tether_to) July 11, 2025 *This is not investment advice. Continue Reading: Critical Announcement from Tether (USDT): Ended Support for Five Altcoins!
As Bitcoin (BTC) sparks fresh interest with a potential 30% rally fueled by whale accumulation, a quieter but more better coin is emerging in the crypto market this July, Mutuum Finance (MUTM) . The token is now in presale, currently in stage 5 at $0.03. Over 65% of the phase has already been sold. Mutuum Finance has over $12 million raised with over 13,000 investors already. As Bitcoin’s whales tinker at the top, it’s MUTM’s cohesive roadmap, spanning presale traction, protocol utility, security credentials, and community incentives, that is stealing the spotlight this July. Bitcoin Inches Toward Key Levels, But Eyes Shift Toward Market Movers Bitcoin (BTC) continues to hover near $108,300, stabilizing after whale wallets pushed fresh accumulation over the past week. While some analysts point to a possible 30% rally if BTC breaks above the $110K–$112K resistance zone, price momentum has cooled slightly despite over $50 billion in spot ETF inflows this year. The lack of a decisive breakout leaves BTC in a wait-and-watch phase, especially as legacy holders move dormant coins, adding caution to the bullish narrative. As Bitcoin’s trajectory hangs in the balance, investor focus this July is beginning to pivot toward emerging assets like Mutuum Finance (MUTM), which are showing stronger technical momentum and on-chain growth. Fast-Moving Support Fuels $12M Raise for Mutuum Finance Mutuum Finance (MUTM) presale has attracted more than 13,000 investors with a raise of more than $12 million. Hype for the project is through the roof and this is clearly a very good sign of the project moving forward. MUTM tokens are $0.03 in phase 5 but will go up 16.67% in phase 6. This phase is already more than 65% sold out as investors scramble to get in at the lowest price. The demand is becoming exponentially excellent and the fact that Mutuum Finance is a disruptor in DeFi is even more precious considering that it will be one of the hot crypto investments of 2025. $100K in Rewards Available Through MUTM Giveaway Mutuum Finance is set to reward the early supporters it has on its platform and has established a $100,000 giveaway , where 10 participants will be chosen and rewarded with $10,000 MUTM tokens. It will be a reward to the quickly expanding community inside the project and gratitude for early investors. But time’s running out. Mutuum Finance has launched its Bug Bounty Program with the help and coordination of CertiK, and a reward pool of 50,000 USDT will be provided in total. Reward is in four levels namely; Major, critical, minor, and low so that each level of exposure will be rewarded. This is one more step confirming that Mutuum is a project with proactive safety attitude and its commitment towards establishing the environment favorable to the finances that can be trusted. While Bitcoin (BTC) inches toward a possible 30% breakout, it’s Mutuum Finance (MUTM) that’s commanding real momentum this July. With over $12 million raised, more than 13,000 investors, and Stage 5 already 65% sold out, the project’s traction is undeniable. Priced at just $0.03, MUTM offers not only presale upside but also a utility-driven roadmap backed by CertiK-audited smart contracts, a $50K bug bounty, and a $100,000 giveaway rewarding early supporters. With a 16.67% price jump looming in the next stage, time is of the essence. Secure your position now before the next price increase. For more information about Mutuum Finance (MUTM) visit the links below Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance