Bitcoin Surges Past $106K Amid Global M2 Growth and Dollar Weakness, Indicating Potential Bullish Momentum

Bitcoin has surged past the $106,000 mark, driven by a significant rise in trading volume amid a weakening U.S. dollar and a record-breaking global M2 money supply. This breakout follows

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Minna Bank Partners with Solana to Explore Stablecoins and Web3 Wallets for Japan’s Mobile-First Consumers

On July 4th, Minna Bank, a subsidiary of Fukuoka Financial Group, announced a strategic research partnership with Solana, Fireblocks, and TIS to explore the integration of stablecoins and Web3 wallets

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Could You Lose Your FTX Claim? Payouts May Be Blocked in These 49 Regions

The post Could You Lose Your FTX Claim? Payouts May Be Blocked in These 49 Regions appeared first on Coinpedia Fintech News If you’re an FTX creditor living in places like China, Russia, or Pakistan, your claim might be at risk. The Trust is tightening its process, and for thousands of people, that could mean delayed payouts – or losing everything. So what’s behind this sudden freeze? Which countries are on the list? And can affected creditors do anything about it? Let’s break it down. FTX Locks Claims in ‘Restricted’ Regions FTX Recovery Trust has filed a new proposal that could stop creditor payouts in 49 countries, including China, Russia, Ukraine, Pakistan, and Saudi Arabia. If approved, the Trust will freeze distributions in these regions while it checks if payouts are legally allowed. And if they aren’t? Creditors could lose their claims entirely. These 49 regions are now being considered “Restricted Foreign Jurisdictions.” The trust says it needs to assess whether sending money to these places breaks any local laws. If it does, those payouts won’t happen. China Hit the Hardest Out of all affected countries, China is by far the most impacted. According to the filing, 82% of the claim value from restricted regions is tied to Chinese creditors. That has already sparked backlash online. One Chinese user on X, @zhetengji, wrote: “I will definitely take action and will raise objections at every stage. We can’t just sit and wait – this is absolutely unreasonable.” I’ve already contacted my lawyer in New York and am waiting for her response. I will definitely take action and will raise objections at every stage. I also hope more people will step up. We can’t just sit and wait—this is absolutely unreasonable. While mainland China does not… — Will的折腾纪 (@zhetengji) July 3, 2025 Claims Could Be Forfeited if No Objection Is Filed Here’s how it works: If legal checks show that payouts can’t happen, the Trust will ask the court to mark that country as restricted. Creditors will then have 45 days to object. If no one objects, or if the court overrules the objections, the claims are marked as disputed and the money goes back to the FTX estate. “Distributions that cannot be made due to the illegality of doing so… shall revest in the FTX Recovery Trust,” the filing states. The plan is to hire local lawyers in each region to figure out what’s legally possible. Court Hearing Set for July 22 A court will review the proposal on July 22. If approved, the Trust will move forward: sending notices, reviewing objections, and beginning the redistribution process. This new legal step adds another layer of delay for creditors especially those outside the supported regions. Last month, the Trust added Payoneer as its third official distributor, helping expand reach to 93 jurisdictions. Still, many users say they’ve been left out, despite the updates. The Recovery is Far From Over FTX’s collapse has triggered one of the most complex crypto recoveries the industry has seen. And this latest freeze only highlights how tough it is to untangle claims across so many legal systems. For thousands of creditors in restricted regions, the risk is real: if local laws block payouts, and no one speaks up, their chance of recovery may be gone for good.

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Binance May Enhance Institutional Trading with New Lending Features Offering Up to 4x Leverage on Bitcoin

Binance has launched an institutional lending service offering up to 4x leverage, designed to enhance funding flexibility and liquidity for corporate clients. This new feature allows VIP users to aggregate

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Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil

decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This initiative will enable Adecoagro to redirect excess energy, currently sold at spot market prices, into a new revenue stream: bitcoin. Tether and Adecoagro Partner to Establish Green Energy Bitcoin Mining Operation in Brazil Tether, one

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Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

The wait for altcoin season continues as the crypto market is still showing signs of bearish movement. Expectations are high that the altcoin market will begin to rally soon, but not everyone is optimistic that the altcoin season is coming. One of those is market analyst and expert Stockmoney Lizards, who has said that it is not happening soon. Altcoin Season Is Not Happening Soon In an X (formerly Twitter) post, Stockmoney Lizards informed their over 160,000 followers that the altcoin season could not be happening anytime soon. The analyst said that it is “not even remotely close”, pointing to the rising Bitcoin dominance as the reason why the altcoin season is still far off. Related Reading: Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement Analyzing the chart, the market expert explains that despite the Bitcoin dominance having fallen by around 2%, it still doesn’t mean much. This is because the dominance is still very strong and continues to trade inside the channel. This channel also charts a possible increase in the Bitcoin dominance from here, which would be detrimental for altcoins. So far, the Bitcoin dominance has also managed to hold above 65%. While this is not the highest it has ever been, it is still incredibly high, with previous altcoin seasons not happening until the dominance had fallen toward 40%. The analyst doesn’t entirely rule out the possibility of an altcoin season, saying it will still come. However, for now, Bitcoin continues to dominate, as he explains that “BTC is the measure of all things.” Altcoin Dominance Reaches 2021 Levels As the Bitcoin dominance has risen and the altcoin dominance has fallen, they have gone toward levels not seen in years. For example, the last time the Bitcoin dominance was above 65% was back in 2021 before it crashed to usher in the altcoin season, according to data from CoinMarketCap. Related Reading: AI Founder Puts XRP Price As High As $20-$30 Even worse is the Ethereum dominance, which has dropped to 5-year lows. Sitting at only 8%, it is now at levels recorded back in 2020 before the market rebounded from the COVID-19 crash. This has greatly diminished Ethereum’s ability to pull the altcoin market up with it. In the same vein, the altcoin dominance, excluding Ethereum, has now dropped to 26%. The last time that the OTHERS dominance was this low was in 2021. However, this was right around when the altcoin season was starting, suggesting that the current market could be at the cusp of another altcoin run. Nevertheless, for there to be any sustainable altcoin season, the Bitcoin dominance must first crash. Going by what happened back in 2017 and 2021, at least a 40% crash in the Bitcoin dominance is required to usher in the altcoin season. Featured image from Getty Images, chart from TradingView.com

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Google Gemini Predicts Cardano (ADA) Price for July 31, 2025

Cardano (ADA) is currently trading at $0.5905, reflecting a 5.76% increase over the past 24 hours. Looking ahead, we asked Google’s Gemini AI to predict the digital asset’s price by July 31, 2025, and the AI model has high expectations for ADA. Gemini bases its bullish projection on several factors, most notably the ongoing crypto market cycle, Cardano’s ecosystem development and key partnerships, and growing institutional interest. The AI categorizes the prediction as a “bullish yet realistic” scenario, anchored in historical patterns and expected network growth. Cardano (ADA) Price Target Breakdown Gemini outlines three tiers of price targets within its bullish framework: Conservative Case ($1.8): This assumes that ADA will break past its 2024 highs and benefit from general altcoin market strength. Optimistic Case ($2.3): Reflects mid-cycle optimism with increased DeFi activity on the Cardano network. Aggressive Bullish Case ($3): A scenario where ADA comes close to its previous all-time high, last seen in September 2021, supported by “strong network usage and macro tailwinds.” These targets are framed around the idea that the crypto market may be entering a peak bullish phase. As Gemini notes, “2024 was a Bitcoin halving year ,” and if historical patterns hold, the 12–18 months following such events often represent the most active part of the cycle. The AI references ADA’s previous all-time high of $3.1, suggesting that a return to similar levels is plausible under favorable market conditions. Supporting Factors Gemini attributes its outlook to several key developments within the Cardano ecosystem. The platform has evolved significantly, and the decision to partner with Ripple and the XRP community has opened new doors for Cardano. Cardano’s creator, Charles Hoskinson, previously stated that RLUSD would be integrated into the ADA DeFi ecosystem . With ongoing projects launching to boost the ecosystem’s utility, ADA could experience a major price surge soon. Another supportive factor is growing institutional interest . Cardano’s academic approach and compliance-focused development make it a strong candidate for capital inflows in a more regulated environment. Gemini also noted that if crypto spot ETFs expand beyond Bitcoin and Ethereum, ADA may be among the next group of assets to benefit. Bloomberg analysts recently predicted a 90% chance that spot Cardano ETFs will be approved this year , and approval as early as July could help ADA reach Gemini’s $3 target by the end of the month. ADA currently trades well below the projected bullish targets at $0.5905, but under optimal market and ecosystem conditions, it could reach the target range of $1.8 to $3 by July 31. The post Google Gemini Predicts Cardano (ADA) Price for July 31, 2025 appeared first on Times Tabloid .

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USDC deposits and withdrawals now available on Sonic!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of USD Coin (USDC) on Sonic ! Funding USDC funding via Sonic is already live. You can transfer USDC to your Kraken account by navigating to Funding, selecting USDC and choosing the desired deposit method (network) from the drop-down box: Sonic . Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken Here’s some more information about these assets : USDC (USDC) USDC offers a digital bridge between the traditional and decentralized financial ecosystems. USDC aims to offer the stability of the U.S. dollar with the speed and accessibility of digital currency. Like a trusted currency exchange booth in the digital realm, USDC aims to provide a one-to-one conversion between traditional and digital dollars. Sonic (S) Sonic is a high-speed, EVM-compatible, Layer 1 blockchain designed to deliver fast, secure and decentralized performance. As the evolution of Fantom, Sonic aims to solve the blockchain trilemma with sub-second finality and high throughput. With built-in Ethereum interoperability and a versatile native token (S) used for staking, governance and fees, Sonic offers a streamlined foundation for scalable, next-generation decentralized applications. Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. The post USDC deposits and withdrawals now available on Sonic! appeared first on Kraken Blog .

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Altcoin Season Could Explode If Bitcoin Holds Above $100K

The post Altcoin Season Could Explode If Bitcoin Holds Above $100K appeared first on Coinpedia Fintech News Bitcoin spent most of Q2 moving sideways and is now retesting the key $110K resistance as Q3 kicks off. A breakout could push it toward $120K, though it may take time. Standard Chartered also expects BTC to hit $120K by August or September . However, short-term dips are still expected. Experts say $100,000 is the key level to watch this quarter. If Bitcoin holds above it, the outlook stays strong. But if it falls below, the price could drop to around $88,000, where many buyers might jump in. For now, the market seems to be gearing up for a big move, and any short-term pullbacks could be seen as a chance to buy at lower prices. Let’s see if we are hitting an alt-season or not. This Altcoin Season Is Different Looking at the possible scenarios of Q3 2025, a crypto analyst from Selected Investments urges investors to stay alert. Despite the summer lull, key macro events unfolding over the next few months could determine whether Bitcoin and altcoins push toward a final bull market top or fall short. He compared the previous cycles, wherein Bitcoin peaked roughly 525–546 days post-halving. Applying the same timeline to the April 2024 halving puts the projected top in mid-October 2025. However, the analyst warns that history alone can’t predict outcomes. Unlike past cycles, current macro conditions like tighter global liquidity and elevated interest rates create a vastly different backdrop. Global Liquidity Tight, But That Could Change Soon The analyst points to a key metric like global M2 money supply growth. Compared to the liquidity booms of 2017 and 2021, 2025 shows far more constrained conditions. Interest rates remain high, around 4.5%, but analysts now anticipate rate cuts in the coming months. July carries a 25% chance of a 25 bps cut, with probabilities rising to 71% in September and 56% in October for deeper cuts. These would likely boost market liquidity and benefit-risk assets like Bitcoin and altcoins. [post_titles_links postid=”478580″] Altcoins Still Quiet, But TVL Signals Underlying Strength Despite Bitcoin nearing its all-time high at $108K , the Fear and Greed Index is only at 46, indicating a lack of retail interest, a scenario that often precedes explosive moves. The analyst believes this quiet strength is a signal that the altcoin season is still ahead. Total value locked (TVL) in DeFi is nearing $115 billion, not far from the $175 billion peak in 2021, even though altcoin prices remain subdued. Ethereum’s Next Move Depends on Macro Shifts Ethereum remains rangebound around $2,500, facing key resistance. The analyst sees a potential breakout if macro conditions improve. Historically, Q4 has delivered outsized gains, with Bitcoin averaging 85% returns and Ethereum 24%. With Bitcoin dominance still high, a meaningful shift could break a full-fledged altcoin rally. In short, Q3 could be the calm before a storm, especially if rate cuts and liquidity injections align. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs What exactly is an “altcoin season” in the cryptocurrency market? An “altcoin season,” or “altseason,” is a period when cryptocurrencies other than Bitcoin (altcoins) significantly outperform Bitcoin in price growth. This typically occurs when capital rotates from Bitcoin into altcoins, leading to rapid and substantial gains across a wide range of alternative cryptocurrencies, often accompanied by a decrease in Bitcoin’s market dominance. How is the crypto market doing today? As of July 4, 2025, the crypto market is showing mixed performance. Bitcoin is trading around $109,033, down slightly by 0.85% in the last 24 hours but has seen recent highs near $110,500. Ethereum is around $2,573, gaining momentum. The global crypto market cap is approximately $3.40 trillion, with some altcoins seeing minor gains (like XRP, Solana, Tron) while others experience slight declines. Institutional demand and ETF inflows continue to drive long-term bullish sentiment despite short-term volatility. What indicators suggest an “altcoin season” might still be ahead despite Bitcoin’s recent surge? Despite Bitcoin nearing its all-time high ($109,112), the Fear and Greed Index is only at 46 (Neutral), indicating a lack of retail FOMO often seen before explosive altcoin moves. Additionally, Total Value Locked (TVL) in DeFi is nearing its 2021 peak ($115 billion vs. $175 billion), signaling underlying strength even with subdued altcoin prices.

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Expert Shares Pi Network’s $10 Price Target, But How Long Will It Take?

The post Expert Shares Pi Network’s $10 Price Target, But How Long Will It Take? appeared first on Coinpedia Fintech News The price of Pi Network (PI) has slipped 4% today and is now trading around $0.48. However, amid the market dip, one crypto expert has given Pi supporters a reason to stay hopeful. Dr. Altcoin, a well-followed analyst, shared a positive update, predicting that Pi Network could eventually hit the long-awaited $10 price target. According to him, this milestone might be achieved once the AI App Studio can start building advanced applications on the Pi ecosystem and the network finds a stable price range around $10 ±10%. That’s when Pi Network will truly start functioning as a global, peer-to-peer digital currency, Dr. Altcoin said. By the time the AI App Studio can build advanced applications and Pi reaches a stable price of at least $10 (within a ±10% range), it will mark the true beginning of Pi Network as a global, peer-to-peer digital currency. @PiCoreTeam @nkokkalis @Chengdiao — Dr Altcoin (@Dr_Picoin) July 4, 2025 When a community member asked how many years it might take, the expert responded honestly: “For the AI App Studio, 1-2 years.” Pi Network Price Outlook While big crypto exchanges like Binance have yet to list Pi, recent integrations with fiat-to-crypto platforms like Onramper and On-ramp.money have made it easier to buy Pi with cash. This move could help increase real-world demand and push prices higher in the long run. Currently, Pi Network faces some challenges, including inflationary pressure, with millions of tokens entering the market daily. Despite this, technical indicators are showing early signs of a possible recovery. Momentum indicators like the MACD and RSI are improving, hinting new buyer interest. If the trend holds, analysts say Pi’s price could rise toward the $0.60 mark soon, a 20% gain from current levels. While a $10 price target for Pi Network isn’t around the corner just yet, growing infrastructure, easier fiat access, and positive community sentiment are steps in the right direction.

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