After Bitcoin and Ethereum spot ETFs in the US, altcoins such as Solana (SOL), XRP and Litecoin (LTC) are also waiting for approval. At this point, while spot altcoin ETFs are expected to be approved in 2025, the first approval came for Solana (SOL). Accordingly, the CEO of Rex Shares, one of the issuer companies that applied for the spot Solana ETF, said that the REX-OSPREY Solana ETF will start trading in the US on Wednesday. While the latest development pushed the SOL price upwards, expectations for other altcoin ETFs in the market also increased. Litecoin (LTC) and XRP Are Next After Solana! At this point, analysts estimate that there is a 95% probability of LTC and XRP spot ETFs being approved in 2025. Fox Business reporter Eleanor Terrett shared on her X account the approval predictions of Bloomberg senior ETF analysts James Seyffart and Eric Balchunas for altcoin ETFs. Eleanor Terrett also noted that Balchunas and Seyffart had been correct in most of their predictions so far. According to Balchunas and Seyffart, the altcoins most likely to receive approval from the SEC after Solana are Litecoin and XRP. Accordingly, analysts estimate that there is a 95 percent chance that LTC and XRP will receive ETF approval in 2025. Seyffart wrote: “Here are mine and Eric Balchunas' latest predictions for spot crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in the second half of 2025.” Litecoin and XRP are in the first place in terms of probability of getting approved, followed by Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), HBAR and Avalanche (AVAX), each with a 90 percent probability rate. Finally, analysts give a 60 percent probability for SUI and a 50 percent probability for Tron (TRX) and Pengu. Here are mine and @EricBalchunas ' most recent odds on spot crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in this second half of 2025. pic.twitter.com/H3pxJhqMy3 — James Seyffart (@JSeyff) June 30, 2025 *This is not investment advice. Continue Reading: Eyes Turn to Other Altcoins After Solana (SOL) Approval! Bloomberg Analysts Announced the Altcoins with the Highest Probability of Approval: One of Them is XRP!
Stay Ahead with Our Immediate Analysis of Today’s Best Crypto Presales Check out our Live Update Coverage on the Best Crypto Presales for July 1, 2025! Crypto presales growing in popularity by the day, kicked into motion by influential market movers like Mastercard, Visa, and the influx of new ETFs. These early-stage crypto projects are often significantly more profitable than established coins like Bitcoin. We’ll give you live updates on the trending presales, whale activities, projecting funding and development rounds, and critical alerts—everything you’ll need to get an edger. We update this page frequently throughout the day, as we get the latest insider insights on the hottest presales, so keep refreshing! Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. DEXs Captured 30% of CEX Spot Trades in June But Non-Custodial Wallets Are Safer Than Both: $BEST Presale Headed Up? July 1, 2025 • 07:15 UTC DEXs have recorded $385B in spot trades in June, according to data collected by The Block , despite DEX’s 30-day trading volume being down by 12% in June compared to May. The difference is that CEX spot trades are down 30% during the same period, making it the lowest monthly trade volume since September 2024. These numbers are important because the disparity between DEXs and CEXs never fell below 12% in 2025 and only went under four times during a 5-year span, between 2019 and 2024. The reason behind the observation, according to analyst Ignas , is that traders appear to use DEXs for price discovery movements, but use CEXs for exit liquidity. This trend can have a potentially negative impact on fund security, given that DEXs are rather suboptimal in this category, compared to non-custodial wallets. Products like Best Wallet, for instance, are non-custodial, require no KYC, and are free to use, making them superior in terms of overall security and ease of use. Best of all, the Best Wallet Token ($BEST) presale improves on the best aspects of this wallet (trading fees, staking, and community governance). Learn more about Best Wallet Token here. Solana and $SOL Coins Due for an Explosion, According to Trader: Snorter Token Presale Might Be the Biggest Gainer July 1, 2025 • 07:13 UTC Analyst Bluntz (ranked as Master Trader on Bybit) is confident that Solana and $SOL coins should go parabolic soon. The reason? Solana breaking a resistance line that’s kept $SOL down for over a month. nice downtrend break on $sol overnight, i think were in for a good week next week, sol eco also starting to perk up and look real good again. i think we’re back baby. — Bluntz, Crypto Trader, X The 24-hour trading volume for Solana coins has gone up 31%, and the market cap nears $200B. Solana itself is red-hot, with a 72% increase in volume in the last day. And with REX-OSPREY announcing the first-ever US Solana ETF with staking, the future looks slaptastic for the ecosystem. Will we finally see $SOL break the $200 level again and head to $300? When that happens, how do you think Solana coins and presales like Snorter Token ($SNORT), which introduces one of the best $SOL memecoin trading bots, will react? $SNORT promises the lowest fees on Solana, exclusive access to new tokens, and the fastest transaction execution. Read more in our ‘What Is Snorter Token’ guide. Visit the official Snorter Token presale page for more information.
Ric Edelman, the founder of Edelman Financial Engines, has called on investors to allocate between 40% and 10% of their portfolio to crypto. The prominent financial advisor shared the take in a recent whitepaper for the Digital Assets Council of Financial Professionals ( DACFP). According to Edelman , who is also DACFP’s founder, the traditional investment model of 60/40 allocation to stock and bond is no longer useful. He attributed this to the massive technological advancements that have led to high longevity rates. Instead, he recommended that investors put their money in crypto while outlining the percentage to allocate based on their risk profiles. In Edelman’s opinion, aggressive investors should have 40% of their crypto investments, while conservative ones should have 10%. He said: “Conservative investors should now have a 10% crypto allocation. Moderate clients should place 25% of their portfolios in crypto, and aggressive clients should allocate 40% of their investments to crypto.” Interestingly, the veteran investor with 39 years of experience in the financial sector noted that investing in crypto is no longer a speculative trade. According to him, a passive market-weighted index of all asset classes would have 3% allocated to crypto, showing just how big the sector has become. Thus, anyone choosing to ignore the crypto sector is simply shorting it. Edelman bullish on crypto, says Bitcoin could reach $500,000 Meanwhile, Edelman made a bullish case for investors to allocate up to 40% of their portfolio to crypto. According to him, there is no reason anyone would choose to ignore an asset class that has outperformed the rest of the market for 15 consecutive years. In backing up his claim, he highlighted high-performing crypto assets and sectors, including the stablecoin sector. He noted that Tether’s massive $13 billion profits last year exceeded what several major US companies, including McDonald’s, BlackRock, IBM, and Ford, pulled in. Edelman’s summary of why everyone should invest in crypto (Source: DACFP) Beyond that, Edelman believes President Donald Trump’s win in 2024 has also set the stage for crypto’s good fortunes. According to him, the pro-crypto moves from the Trump administration and policy reversal from individuals and institutions are all signs that crypto is now a derisked investment. Unsurprisingly, the prominent financial advisor is particularly bullish on Bitcoin and has predicted it could be worth $500,000, noting that this is based on demand and supply. He noted that institutions’ massive accumulation of assets will continue to drive up their prices. He said: “There’s $750 trillion in global assets (stocks, bonds, real estate, gold, cash and collectibles). A mere 1% allocation would cause $7.5 trillion to flow into Bitcoin. That’s $377,000 per bitcoin. Add that to Bitcoin’s current price, and you get to about $500,000 per Bitcoin. It’s simple arithmetic.” Interestingly, Edelman highlighted how investors can get crypto exposure, from direct acquisition to equity proxies. His whitepaper also advises financial advisors to allocate part of their portfolio to crypto by including responses to clients’ common objections and criticizing advisors who do not recommend crypto to their customers. Reactions trail Edelman’s endorsement of crypto allocation Meanwhile, the whitepaper from Edelman has sparked a mixed but mostly positive reaction from experts. Bloomberg senior analyst Eric Balchunas described it as the biggest endorsement of crypto from TradFi since BlackRock CEO Larry Fink. According to him, this is because of Edelman’s status in the financial advisory community, where he is one of the most influential voices. He said: “This guy is Mr RIA. Manages $300b for 1.3 million clients. Tops the Barron’s list of America Advisors regularly.” Meanwhile, some in the crypto community believe that Edelman should have specified BTC as the asset to invest in rather than simply saying crypto. Balchunas noted that this should not be a cause for debate, as almost all investors, including Edelman, acknowledge that Bitcoin is the primary investment asset in the crypto sector. Interestingly, Bitwise European head of research André Dragosh does not agree that technological advancements killed the 60/40 model. Instead, he attributes it to rising inflation, noting that stocks and bonds underperform once inflation rises above 5%. However, he also recommended diversifying into hard assets such as Gold and Bitcoin. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
On July 1st, CyberStep, renowned for its Japanese online claw machine platform “Toreba,” officially entered the cryptocurrency investment sector by unveiling a dedicated strategic division named CRYPTECH Capital. This initiative
Bitcoin Cash (BCH) has surged to an 8-month high, trading at $522.40, driven by rising bullish momentum. The BBTrend and Smart Money Index show increasing buying pressure, signaling potential for
“The traditional 60/40 stock-bond allocation model is dead,” declared Edelman in a new paper released on June 30. He added that owning crypto is no longer a speculative position, but “failing to do so is.” The founder of the $300 billion investment advisory firm, Edelman Financial Engines, made the dramatic recommendation suggesting that aggressive investors should hold up to 40% of their assets in crypto, 25% for moderate, while conservative investors should allocate 10%. You need to plan on living past 100, and that means you need more than stocks and bonds. My new white paper explains why you’ll get to 100+ and why your portfolio should include 10% to 40% crypto. Read it now: https://t.co/hfjCMvQC3J pic.twitter.com/pZgJs79GdZ — Ric Edelman (@ricedelman) June 30, 2025 10/10 on The Wow Scale A passive market-weighted index comprised of all asset classes would have 3% in crypto, “so an investor who lacks crypto is now effectively shorting it,” he said. “There’s no logic to omitting an asset class that’s outperformed all others for 15 consecutive years and is widely projected to continue doing so for the next decade or more. Historic performance data show that portfolios with Bitcoin have generated higher returns with lower risks.” Edelman , who has been named America’s top Independent Financial Advisor by Barron’s three times, said to other financial advisors, “If you’re fearful that recommending crypto could cause a client to fire you, then you’re suffering from a conflict of interest.” “This is ten out of ten on the wow scale,” exclaimed Bloomberg ETF analyst Eric Balchunas, who added: “This is arguably the most important full-throated endorsement of crypto from the TradFi world since Larry Fink.” “40% is wild for most normies!” exclaimed entrepreneur Adam Cochran, while industry pioneer Adam Back and other Bitcoin maximalists grumbled at the usage of the term crypto rather than just Bitcoin. Institutions Driving Markets Edelman’s recommendation comes as institutional adoption accelerates, with over $20 billion invested in spot Bitcoin ETFs by wealthy investors and institutions, and more than 70 crypto ETF proposals pending with the SEC. The finance guru also cited the Trump administration’s regulatory reversal, the growth of stablecoins, and basic supply-demand dynamics supporting his bullish outlook, even suggesting Bitcoin could reach $500,000. Institutional investors and corporations have been scooping up all of the Bitcoin that long-term holders have been selling, which is why prices have stagnated recently. However, “Bitcoin’s price appreciation isn’t speculation — it’s just supply and demand,” concluded Edelman. The post You Should Own 40% Crypto in Your Portfolio: $300B Finance Advisory Firm Founder Says appeared first on CryptoPotato .
FTX creditor representative Sunil Kavuri has provided a new update on the next distribution of claim payments to creditors of the defunct crypto exchange. Recall that FTX commenced the distribution of funds to eligible users on February 18, 2025, starting with small creditors with claims under $50,000. According to Kavuri, FTX paid creditors in this category (those entitled to claims under $50,000) 120% of their initial claim value. This indicates that creditors received a 20% premium on their original claim value. Afterward, FTX commenced the second round of repayments on May 30, 2025, distributing $5 billion to creditors with claims over $50,000. The exchange distributed the funds within three business days of May 30. However, creditors with claims exceeding $50,000 received only 72.5% of their initial claim value. Next Payment Schedule Notably, Kavuri has disclosed the next repayment date for the remaining 27.5% of claims to large creditors. According to him, the upcoming distribution is expected to take place in Q4 2025, specifically from October to December. Additionally, he suggested that the repayment schedule could be extended to 2026 or 2027. This repayment will ensure that creditors with claims exceeding $50,000 receive 100% of their claim. Besides the claim value, these large creditors are also entitled to post-petition interest, which totals 40% to 80%. https://twitter.com/sunil_trades/status/1939692898154369096FTX's Epic Collapse and Repayment EffortsThis ongoing repayment schedule comes more than two years after FTX's collapse in November 2022. The exchange declared bankruptcy, with key executives sentenced to several years in prison. Specifically, a federal court in New York sentenced FTX founder Sam Bankman-Fried (SBF) to 25 years in prison due to his role in mismanaging users' funds, leading to the exchange’s downfall. The court subsequently sentenced other executives, including Alameda Research CEO Caroline Ellison and FTX Digital Markets CEO Ryan Salame, to two and seven-and-a-half-year jail terms, respectively. Since the epic failure of FTX, the exchange has been working to reimburse users, with repayments commencing earlier this year. Despite FTX’s efforts, many have criticized the disbursement process for valuing users’ claims at token prices as of the time of the bankruptcy filing in late 2022. It is worth noting that crypto prices have soared significantly ever since. For instance, Bitcoin, which traded around $20,000 in late 2022, has rallied more than 400% to over $100,000.
BNB Chain's Maxwell upgrade decreases block time, enhancing performance and reliability. Technical proposals improve validator coordination and transaction confirmation speed. Continue Reading: Maxwell Upgrade Boosts BNB Chain’s Performance to a New Level The post Maxwell Upgrade Boosts BNB Chain’s Performance to a New Level appeared first on COINTURK NEWS .
A Texas man is suing the financial giant Citibank for allegedly enabling scammers in a $20 million pig butchering scheme. Pig butchering scams typically involve scammers gaining the trust of victims over time to convince them to invest digital assets or cash into fraudulent websites that they control. Michael B. Zidell says in newly filed court documents that he was contacted on Facebook in early 2023 by someone claiming to be a California business owner named Carolyn Parker. Zidell says he perceived a romantic relationship developing with Parker, who told him that she had invested in non-fungible tokens (NFTs) on a website called “OpenrarityPro.com” and made millions of dollars in investment gains. Zidell sent 43 wire transfers totalling $20 million to different accounts to “make a market” for NFTs on OpenarirtyPro.com as Parker had instructed. Of those, 12 transfers worth nearly $4 million were sent to one Citibank account called Guju, Inc. A month or so after Zidell started investing, OpenrarityPro.com displayed his account as being worth more than $300 million, but when he tried to withdraw some of the funds, he was told he’d have to send more money to cover a “risk deposit,” according to the court documents. In late April, the OpenrarityPro.com website disappeared, and Zidell began to suspect he was the victim of fraud. Zidell’s lawyers argue in the court documents that Citibank didn’t exercise thorough due diligence on the Guju account. “In the account opening documents for Defendant Citibank’s accounts for Guju, Inc., their customer states that it will receive no wire transfers, and the total value of the wires it would out would be less than $250,000 per month. In fact, the wires they say they will send are $8,000 transfers to China. The reality was obviously different. The account received no less than twelve (12) wires from Plaintiffs and dozens from others. Some of the outbound wires exceeded $2,000,000.00. Even worse, the account stated an annual gross revenue of $300,000 and Guju received more than 12 times that amount from Plaintiffs alone in two weeks. The first wire from Plaintiffs exceeded Guju’s stated annual revenue by almost 50%.” Zidell’s lawyers also argue Citibank operated recklessly and provided “substantial assistance” to Parker and her co-conspirators by opening bank accounts and providing services. “Defendant is liable as an aider and abettor as it, directly or indirectly, knew of the tortious conduct of the NFT Enterprise because the transactions at issue expressly contradicted the account opening documents and violated… ‘red flags.’ Defendant materially aided the seller or issuer of a security and are, therefore, jointly and severally liable with the seller or issuer and to the same extent as the seller or issuer.” 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. Featured Image: Shutterstock/tunnelmotions/Sensvector The post Lawsuit Alleges Citibank Ignored Red Flags, Aided Scammers in $20,000,000 Pig Butchering Romance Scam appeared first on The Daily Hodl .
Tao Alpha, a publicly traded entity on the UK stock exchange, has officially rebranded to Satsuma Technology. This strategic renaming aligns with the company’s ongoing commitment to advancing the Bittensor