1confirmation founder has expressed strong support for Ethereum, emphasizing its potential as a strategic asset for corporate treasuries. Highlighting Ethereum’s robust ecosystem and smart contract capabilities, the founder suggests that
Dogecoin open interest teases possible price breakout, with $1.96 billion locked in
Canada explores technical feasibility of a digital Canadian dollar CBDC. The model emphasizes privacy and transaction speed, using Bitcoin-like infrastructure. Continue Reading: Canada Experiments with a New Digital Dollar Model The post Canada Experiments with a New Digital Dollar Model appeared first on COINTURK NEWS .
The post Cardano Hits 111 Million Transactions: Is ADA Gearing Up for Its Next Big Rally? appeared first on Coinpedia Fintech News Cardano has officially surpassed 111 million transactions on its network, marking a major milestone for the blockchain platform. This shows that more people are using Cardano, interacting with its dApps, and the network is growing stronger and more reliable over time. BREAKING: Cardano $ADA has now processed over 111 million transactions—secure, scalable, and built for the long game. pic.twitter.com/uevsDV4MfP — TapTools (@TapTools) July 3, 2025 Cardano Shows Strong Ecosystem Growth Cadano’s ecosystem continues to expand steadily. It now boasts 2,005 active projects. The number of delegated wallets remains strong at 1.33 million, which shows sustained interest in staking. Smart contract development is also accelerating, with 138,996 Plutus scripts and 7,682 Aiken scripts deployed. Another week, another Cardano development update, now live on Essential Cardano. Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments. https://t.co/pK08jmUYow pic.twitter.com/FTD0Ei09kF — Input Output (@InputOutputHK) July 4, 2025 Strong On-Chain Activity On-chain governance shows momentum, as DReps have increased to 1,377, with 976 currently active. The developer engagement has also surged by 27%, with 259 GitHub commits last week. In the past 67 days, the Cardano network has handled 276 billion ADA in transactions worth around $165 billion based on average market prices. This highlights Cardano’s strong on-chain activity. Cardano community sentiment also hit a a 30-day high, with 93.8% of users on CoinMarketCap feeling bullish. Despite the short term price swings, the confidence in the project remain strong. Over 22 billion ADA is now staked, which represents more than 62% of Cardano’s circulating supply. This strong staking activity reflects deep community trust and long-term confidence in the Cardano network. Also, Brave Browser , which integrated Cardano in beta, now has over 91 million monthly users. Its support for Cardano and the upcoming Midnight sidechain highlights growing utility and reach beyond the blockchain. Experts predict ADA could rally toward $0.91 A veteran crypto analyst Lucky, has expressed a bullish outlook on Cardano saying that it is “screaming for higher levels.” Crypto analyst Ali Martinez recently shared that a daily close above $0.67 could trigger a strong rally for Cardano, pushing it into the $0.83–$0.91 range. It is currrenty trading at $0.5732, down 1.6% in the last 24 hours. Cardano’s bullish sentiment is echoing its epic 2020 rally. Analysts say that the current setup feels similar and if ADA breaks above $0.80, another big move could be on the horizon.
Ethereum is gaining significant institutional interest due to its proven stability and reliability, as emphasized by co-founder Vitalik Buterin. With over $10.3 billion invested in crypto projects in 2025, Ethereum’s
Dogecoin attracting fresh interest from traders
The Bitcoin price action was largely sideways rather than strongly bullish for most of June. As of early July, the flagship cryptocurrency has maintained its movements around $108,000 – $110,000 region. While Bitcoin still retains its bullish market structure, recent on-chain data calls for a level of caution when investors are looking for opportunities in the market. Bitcoin Sentiment Recovers From Bearish In a July 4 post on the social media platform X, crypto analytics firm Alphractal revealed that the Bitcoin investor sentiment is “very bullish.” This on-chain observation is based on the Alpha Crypto Sentiment Gauge metric. Related Reading: XRP’s 30% Jump To $2.8: Analyst Says This ‘Classic Confirmation’ Must Happen First As its name suggests, the indicator evaluates the emotions of investors in the market, ranging from extreme fear to euphoria. These emotions are represented as color-coded interpretations, usually in red, yellow, light green, and dark green, and these further represent investor sentiment ranging from bearish to very bullish. In the chart shared by Alphractal above, the appearance of a dark green colour signals that the market sentiment is “very bullish” at the moment. Prior to their July 4 post, Alphractal reported in a June 23 post that the market sentiment was flashing bearish signals. In the post on X, the analytics firm warned that the bears could be in trouble. Interestingly, the bears were indeed in trouble, as Bitcoin picked up more buying momentum, consequently liquidating several bearish positions. However, Alphractal explained that sighting green does not necessarily mean the market may be at a top. Instead, it signals that euphoria is taking over the market, which, according to the analytics firm, unlocks a wave of opportunities for Bitcoin buyers. Alphractal said: On the other hand, red zones are usually short-lived, but offer exceptional buy opportunities — like no other indicator can. As the market displayed, the bearish signal interpreted from the Sentiment Gauge eventually provided more buying opportunities. Growing market euphoria is not the only meaning that can be derived from a green signal in the market. It could also serve as a warning for potential overconfidence in the market as Bitcoin continues to gain value. If history is anything to go by, the market could experience rapid price expansions and an increase in investor risk-on approach. On the other hand, the “very bullish” sentiment could also precede sharp corrections, especially if fueled by crowd emotion, rather than market fundamentals. Whether this green sentiment signals the next price leg up, or the establishment of a market top is yet to be known — as a result, traders are advised to remain alert. Bitcoin Price At A Glance After its early show of strength on Thursday, Bitcoin has lost nearly 2% of its value in the past 24 hours. As of this writing, the premier cryptocurrency is valued at about $107,754. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says Featured image from iStock, chart from TradingView
1confirmation’s founder has reiterated strong support for Ethereum, emphasizing its pivotal role as the foundational platform driving sustained innovation within the cryptocurrency sector. Recognized for its robust smart contract capabilities
Government departments in Russia have created a special register for coin mining equipment to help local authorities in their efforts to curb illegal mining activities. The initiative of the executive power in Moscow comes amid an ongoing crackdown on miners working outside the law in Russian regions, often powering their crypto farms with stolen electricity. Russia registers mining hardware to track down rogue miners Russia’s Ministry of Energy, the Federal Tax Service (FNS) and the Ministry of Digital Development have compiled a register of devices used for cryptocurrency mining, RIA Novosti reported , quoting Deputy Energy Minister Petr Konyushenko. The gathered information has already been shared with authorities in the Russian regions witnessing increased miner activity, the government official revealed in an interview with the leading news agency, elaborating: “The creation of such a register will allow us to accurately identify consumers using electricity for mining needs. This is necessary in order to apply special regulation and taxation to those.” Konyushenko described the move as a step towards legalizing the whole industry while reducing the illegal consumption of electricity, which has been blamed for losses for the power distribution companies and the state as well as energy deficits in parts of the country. The energy ministry pitched the idea to establish a unified register of mining equipment during a working meeting on the regulation of digital currency extraction in February. The proposal was also backed by the Russian Ministry of Industry in May. Russia legalized cryptocurrency mining with a law adopted in the summer of 2024. It allows both companies and individual entrepreneurs to legally mint digital coins in the Russian Federation, provided they register with the tax authority and pay due taxes. Private citizens are allowed to mine without registration as long as their electricity consumption does not exceed a limit set by the government, which is currently 6,000 kWh a month. However, all miners, including the latter, are obliged to inform the FNS about the amount and the value of the mined cryptocurrency. Moscow cracks down on illegal crypto farms amid mining ban Russia, which has established itself as a major player in the global Bitcoin mining market over the past few years, has been struggling to bring its miners out of the shadows ever since it legalized the industry last year. Less than a third of all Russian mining enterprises have so far registered with the FNS and the new register of mining machines aims to increase the share of legal mining businesses. Other Russian authorities have also joined the hunt for underground miners. In June, the national grid operator Rosseti announced it’s developing a mechanism to pinpoint illegal mining facilities by tracking internet traffic with the help of telecom companies and mobile operators. To limit the negative consequences of the mining boom, which has caused electricity shortages, the Russian government has also imposed seasonal and permanent restrictions on the activity in parts of the vast country. Mining has been completely banned for six years in a dozen regions. This week, President Vladimir Putin justified the measures with the need to balance the exploitation of Russia’s natural resources. At a forum devoted to discussing development initiatives, Putin said that governors have been complaining about growing energy deficits and admitted: “We were forced to make certain decisions in the mining sphere.” Meanwhile, Russian law enforcement and other officials have been cracking down on mining facilities illegally tapped into electricity networks in energy-deficient regions. Last month, the authorities in Krasnoyarsk Krai, a major mining hotspot in Siberia, busted a massive crypto farm occupying almost 30,000 square meters of land, officially registered as a non-residential building on an industrial plot. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Ripple’s XRP had a turbulent run in June, which saw the coin lose momentum. The price hovered around $2 even amid an ambitious announcement by Ripple Labs’ CEO. However, July could be different for the crypto market, and investors are paying attention. The fundamentals in the crypto sector look strong, which could signal that a massive run is in the works. To capitalize on this run, XRP whales are looking for small, promising projects that signal a massive upside. So far, one of the best projects that analysts have identified is Mutuum Finance (MUTM) . All signs point to the MUTM token outperforming XPR in the upcoming rally, and investors are capitalizing on this positive forecast. July 2025 has seen a massive rush into the Mutuum Finance presale, and we will dive deep into this trend to help you understand what is going on. The protocol design Mutuum Finance is a DeFi lending protocol that lets users participate as lenders, borrowers, or liquidators. As lenders, they deposit their assets into the pools for the chance to earn interest. Meanwhile, borrowers can deposit their collateral into the pools to access the liquidity in the pools. The stability of the entire ecosystem is protected via over-collateralization. This process ensures that the value of collateral is always higher than the value of borrowed assets. To achieve capital efficiency, interest rates in the pools are based on the pool utilization rate. Mutuum Finance (MUTM) presale breaks records The Mutuum Finance (MUTM) presale is currently in phase 5, where tokens are going for $0.03. So far, the presale has raised over $11.7 million from around 12,700 unique buyers. At the rate at which tokens in phase 5 are selling out, there may not be any left for you. So far, over half of the tokens set aside for the phase have been sold, barely a month after they went on sale. One of the main drivers of the current phase of the presale is that the price is a 50% discount on the final launch price of $0.06. Most observers of the presale expect the tokens in phase 5 to sell out by the end of July. With 60% of the tokens already sold, this could be a reality soon. As such, now is the time to get your tokens while the massive discount is still available. In the upcoming phase 6, the token price will go up by 16.67%, wiping out this discount. How high could MUTM tokens rise? According to the latest analysts’ projections, the price of MUTM tokens could go up by 4400% when they launch. That means a $1600 investment in the presale today could grow to over $70,000. That is a massive return that no one should miss out on. Best of all, the presale has no upper caps on how much you can invest. Consequently, your return could easily be double or triple the $70k, depending on how much you decide to invest. One of the reasons why analysts are so confident about the future of MUTM tokens is due to the current market conditions. For instance, it is worth noting that while crypto prices are in a consolidation phase, there have not been massive outflows of capital. The price of BTC remains at around $105,000, which is a huge change from past performance. In the past, after a huge rally, like the one in May 2025, the price of BTC would sometimes fall by double digits. However, this time, the price of BTC has basically stagnated. That means there have not been major outflows, thanks in part to the entry of institutional investors in the sector. The current conditions mean that the next rally will be bigger than anything experienced before in the crypto market. It could be the final rally before the crypto market finally stabilizes and matures. As such, this MUTM token presale represents the last opportunity to make truly massive returns in the crypto sector. Mutuum Finance partners with CertiK To ensure the long-term protection of its users, Mutuum Finance recently announced a partnership with CertiK. The two will partner on a $50,000 USDT bug bounty program. The program will be split into four tiers, which are critical, major, minor, and low. This will ensure that those security experts who identify the biggest issues will receive the biggest rewards. MUTM is the crypto to watch in July 2025 Mutuum Finance (MUTM) represents an exciting opportunity for massive gains. So far, 60% of the tokens set aside for phase 5 have been sold, less than a month after they launched. With a 50% discount available to phase 5 buyers, this is the time to act. In the next phase, the token price will go up by double digits, greatly diminishing the discount you will get. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post MUTM keeps climbing as XRP fails: is this the top crypto of July 2025? appeared first on Invezz