Ethereum faces diverging signals as Foundation outflows clash with growing investor demand and buyer strength.
U.S. spot Bitcoin ETFs have witnessed a historic surge, drawing $769.60 million in net inflows last week, signaling robust investor confidence and growing mainstream adoption. Ethereum ETFs also showed notable
Elon Musk’s launch of the America Party signals a bold intersection of politics and cryptocurrency, with Bitcoin positioned as a strategic hedge against inflation and fiat currency risks. The escalating
The post Elon Musk Backs Bitcoin in America Party Launch, Market Reacts appeared first on Coinpedia Fintech News The world’s richest man says Bitcoin will be part of the official platform of his new “America Party,” sending BTC close to the $110,000 mark earlier today. The move comes just days after Musk broke away from the Republican Party over a controversial budget bill pushed by Donald Trump. When asked if his new party would support Bitcoin, Musk replied: “Fiat is hopeless so yes.” That one sentence was enough to set off a fresh wave of excitement in the market. This is big news. Here’s what you should know. Bitcoin Gets Political Musk’s statement is already being seen as a major moment for Bitcoin in U.S. politics. Dennis Porter, CEO of the Satoshi Action Fund, called it “massive,” saying Musk had officially made Bitcoin part of the America Party’s platform. This is massive. Elon has officially declared that Bitcoin will be a part of the new party platform for @AmericaPartyX . pic.twitter.com/sJkJbVtvWB — Dennis Porter (@Dennis_Porter_) July 7, 2025 The Republican Party has also been pushing pro-crypto policies, but Musk’s entry could shift the conversation further. After all, he’s putting it on a political agenda. And that could change a lot for the crypto industry, perhaps more than what Trump has already been able to do. Dogecoin Jumps As expected, Dogecoin (DOGE) also reacted. The meme coin, often backed by Musk, jumped nearly 6% after the news. Bitcoin, meanwhile, saw a steady climb toward $110K. It’s worth noting: Tesla still holds over 11,500 BTC, valued at more than $1.2 billion, making it one of the top corporate holders of Bitcoin. What Happened Between Trump and Musk? This Bitcoin announcement is also tied to a deeper story – Musk’s growing feud with Donald Trump. He recently slammed Trump’s “One Big Beautiful Bill,” a major tax and budget policy expected to add $3.3 trillion to the U.S. debt. Musk called the bill “utterly insane and destructive,” and argued it would kill jobs and hurt the country’s future. Important to note is that the bill would kill the EV Mandate, which is essential for a company like Tesla. Trump even threatened Musk with sending him back to South Africa. I am literally saying CUT IT ALL. Now. — Elon Musk (@elonmusk) July 1, 2025 It was recently passed by Congress despite Musk’s protests. After a poll that drew over 1.2 million votes, Musk officially announced the launch of the America Party, saying the U.S. needs a political movement that “actually cares about the people.” Trump responded by attacking Musk, calling the move “ridiculous”. Will Musk Run for President? Now let’s be clear – Trump just secured a second term in December 2024. So, Musk isn’t headed for the Oval Office anytime soon. But if the America Party gains momentum, especially by 2026 or 2028, Musk could turn Bitcoin into a serious political issue in the U.S. That would bring both opportunities and challenges for crypto. On one hand, it could drive more adoption and awareness. On the other, it could also lead to tighter regulations as crypto becomes part of national politics. Bottom line: when Musk speaks, markets listen. Let’s see what direction this story takes.
Mars Finance News reports that blockchain analyst Yu Jin has identified a significant withdrawal pattern involving FORM tokens from the Binance exchange. Over the last three days, a whale or
In a week dominated by volatility, Worldcoin made headlines with sudden price dips that left holders holding their breath. But just as some investors were bracing for another wave of uncertainty, a different kind of crypto announcement stormed into the spotlight. Bitcoin Solaris, the high-speed, mobile-first blockchain project, confirmed its listing on LBank and dropped a surprise announcement that’s already sending shockwaves through Live Coin Watch Data. A 72-hour price rollback to just $5, timed perfectly before the listing, has traders scrambling for a piece of what’s quickly becoming the most talked-about coin in the market. Worldcoin Wavers, BTC-S Surges Worldcoin has certainly built its name on big ideas. With ambitions tied to global identity systems and eye-scanning devices, it captured attention early. But that attention often comes with price swings that make even seasoned traders a little nervous. While the project deserves credit for tackling ambitious goals, recent fluctuations have raised more questions than confidence. In contrast, Bitcoin Solaris is proving that speed, simplicity, and surprise can go a long way. Instead of pushing futuristic narratives, it’s delivering something tangible, immediate, and exciting, especially with a limited-time rollback that feels more like a flash sale than a crypto event. A New Era of Mining That Fits in Your Pocket Forget bulky hardware and soaring electricity bills. Bitcoin Solaris is ushering in a new era of mobile-first mining that anyone can access with the upcoming Solaris Nova App. Designed for efficiency and scalability, the app allows users to mine directly from their smartphones, no rigs, no overheating, just pure convenience. It’s already turning heads among GPU-weary veterans who want passive income without the pain. And the best part? The current mining model is backed by a high-throughput network capable of up to 100,000 TPS through its Solaris Layer. That’s not just fast, that’s lightning in blockchain form. You can even estimate your mining potential with the official Bitcoin Solaris calculator , giving users clear projections on earnings before they get started. In addition, Bitcoin Solaris introduced daily mini games for its holders for a chance to earn daily rewards, checkout all the details here. Core Features Setting BTC-S Apart What’s making Bitcoin Solaris the darling of Live Coin Watch this week isn’t just hype or the LBank listing . It’s the tech stack under the hood. Here’s why analysts and investors are jumping in: Dual-layer consensus model combining PoW for security and DPoS for performance. Validator rotation every 24 hours ensures decentralization and avoids monopolies. Dynamic block sizes up to 32MB and block time of 15 seconds on the Solaris Layer. Advanced smart contract support using Rust, compatible with Solana’s dev tools. Energy efficiency improved by over 99 percent compared to traditional mining. Crypto’s Next Giant Isn’t a Clone It’s Bitcoin Solaris Some of the most active crypto influencers are covering it too, including: A feature breakdown from Token Empire that highlights the speed and accessibility of the project. Token Galaxy showcasing the potential of the mobile mining model. Crypto Vlog analyzing the technical architecture in depth. And behind the scenes, Bitcoin Solaris has passed not one, but two audits one from Cyberscope and another from Freshcoins . That means trust isn’t just implied, it’s verified. The Presale Storm and the $5 Rollback With over 13,900 users already onboard and more than $6.3 million raised, the Bitcoin Solaris presale has already outpaced expectations. The presale is currently in Phase 11 with a price of $11 per token. However, for just 72 hours, the team is rolling back the price to $5, giving both new buyers and hesitant watchers a rare window to jump in before it returns to $11 and heads toward its $20 launch target. It’s rare to see a presale offer a rollback like this, and rarer still when the fundamentals are this strong. The 72-hour countdown isn’t just about pricing, it’s a test of who’s ready to take action. Less than 4 weeks remain before the listing. Already one of the shortest and fastest-moving presales in the market. Wallets like Trust Wallet and Metamask are recommended for seamless token delivery after launch. Built to Scale and Built to Last The architecture behind Bitcoin Solaris isn’t just flashy, it’s solid. With a Base Layer throughput of up to 3,000 TPS and a Solaris Layer pushing performance to 100,000 TPS, the system can handle mass adoption. Cross-layer transactions are synchronized through secure block commitments, while validator rotation prevents centralization and keeps the network fair. More importantly, the token distribution is smart and sustainable. With a fixed 21 million BTC-S cap, the tokenomics ensures long-term growth and community control: 66.66% allocated for mining 20% reserved for presale 5% for liquidity 2% for marketing, staking rewards, ecosystem development, and community rewards each 0.33% for the team and advisors This guarantees that the majority of BTC-S remains in the hands of actual users and miners, not locked behind private deals. Final Thoughts Bitcoin Solaris is pulling off what most projects only dream of. With a real-use mobile mining app on the horizon, dual-consensus security, and a high-speed blockchain that doesn’t compromise on decentralization, BTC-S is on a collision course with mainstream success. And with the LBank listing confirmed and a surprise price rollback live for just 72 hours, the timing couldn’t be better. Whether you're a seasoned miner tired of chasing hash rates or a new investor looking for a smarter way in, this is your moment. When the dust settles, you’ll either be part of the Bitcoin Solaris movement, or wishing you had been. For more information on Bitcoin Solaris:Website: https://www.bitcoinsolaris.com/ Telegram: https://t.me/Bitcoinsolaris X: https://x.com/BitcoinSolaris Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Tesla CEO and tech billionaire Elon Musk has confirmed that his newly launched political party, the America Party, will accept Bitcoin, marking a significant step for crypto in US politics. When asked on X if his party would embrace BTC, Musk simply replied , “Fiat is hopeless, so yes.” Musk is no stranger to Bitcoin, with Tesla holding 11,509 BTC worth around $1.26 billion , making it the ninth-largest publicly traded company with Bitcoin reserves. Tesla initially purchased $1.5 billion in BTC under Musk’s leadership in 2021, signaling early institutional confidence in the cryptocurrency. While Musk has often voiced support for Dogecoin, his embrace of Bitcoin for political donations places the cryptocurrency at the center of a growing conversation about campaign finance and decentralized money in US elections. Bitcoin for Political Leverage Samson Mow, founder of Jan3, noted that Musk’s decision could give him an edge over President Donald Trump in their ongoing public feud. Mow suggested that Tesla should resume accepting Bitcoin for vehicle purchases and that Musk’s SpaceX could consider offering discounts to customers who pay with BTC. In the past, Musk has shown a complicated relationship with Bitcoin. In 2021, he argued that Bitcoin’s price was “too high,” leading to a dip in its value. He also rejected the idea of using Bitcoin on Mars due to slow transaction times but later entertained the use of a localized Lightning Network to enable faster payments. Feud with Trump Deepens Amid America Party Launch Musk’s decision to form the America Party follows a heated disagreement with Trump over the “One Big Beautiful Bill,” which Musk labeled “destructive.” The bill is projected to add $3.3 trillion to the national debt over the next decade, and Musk questioned how Trump’s initiatives could reduce the debt while simultaneously increasing it by trillions. After more than 1.24 million people voted on Musk’s poll, with nearly two-thirds in favor, he announced the creation of the America Party, stating that the US “needs a party that actually cares about the people.” He further criticized the US system as a “one-party system” when it comes to wasteful spending. In response, Trump has warned that Musk’s new party could fracture the Republican vote in the 2026 US midterm elections, escalating the tension between the two figures as Musk positions himself as a disruptive political force willing to bring Bitcoin into the heart of American politics. The post Elon Musk’s America Party to Accept Bitcoin for Political Donations appeared first on TheCoinrise.com .
Japanese investment firm Metaplanet has made another major investment to boost its Bitcoin portfolio. According to the firm’s latest disclosure , it purchased an additional 2,205 Bitcoin ( BTC ) for roughly $237.9 million (34.49 billion yen). The tokens were obtained at an average cost of 15.64 million yen per bitcoin, approximately $107,800, now bringing its total holdings to 15,555 BTC. The latest purchase marks the firm’s largest single-day purchase since commencing its Bitcoin accumulation strategy, funded by a mix of bond issuances and stock warrant exercises. *Metaplanet Acquires Additional 2,205 $BTC , Total Holdings Reach 15,555 BTC* pic.twitter.com/VqKGOwCs6N — Metaplanet Inc. (@Metaplanet_JP) July 7, 2025 Just days prior to this acquisition, Metaplanet redeemed 6 billion yen worth of bonds issued in late June, using proceeds from newly exercised warrants. The company has consistently followed this approach, raising capital and converting it directly into Bitcoin to expand its treasury holdings. So far, the Tokyo-based firm has now spent a total of 225.8 billion yen, around $1.6 billion, on Bitcoin since beginning its treasury strategy, with an average cost basis of 14.5 million yen per BTC. This continues to build momentum toward its bigger goal of reaching 30,000 BTC by the end of the year, 100,000 BTC by 2026, and 210,000 BTC by 2027. You might also like: Metaplanet pumps up Bitcoin holdings with additional 1,234 BTC Metaplanet recently entered the top five list of corporate Bitcoin holders, overtaking firms like Tesla and Coinbase. However, with its latest purchases, it’s now closing in on the fourth spot. The company is less than 4,000 BTC behind mining and digital infrastructure company Riot Platforms, which holds 19,225 BTC, according to BitcoinTreasuries data . Should the firm keep up its current pace, it could soon overtake Riot to claim the number four position. Metaplanet also reported a 129.4% BTC Yield for Q2, with an additional 15.1% in the first week of July. It gained 5,237 BTC in Q2, valued at roughly 82.5 billion yen (about $513 million), and another 2,017 BTC in early July, worth around 31.8 billion yen (about $198 million). If the firm hits its long-term goal of 210,000 BTC by 2027, it would control about 1% of Bitcoin’s total supply. Read more: After a 7,500% run on Bitcoin, Metaplanet is “set to win in the long term,” says expert
The U.K.-based Smarter Web Company has reached a landmark by accumulating 1,000 BTC in its crypto treasury, underscoring its aggressive Bitcoin acquisition strategy. This milestone reflects the company’s commitment to
Two men have been sentenced to a combined 12 years in prison for a £1.5 million crypto cold-calling scam, amid a wider crackdown by the UK’s FCA on financial fraud and illegal promotions. On July 4, two men were sentenced to a combined total of 12 years in prison at Southwark Crown Court by His Honour Judge Griffiths for their involvement in a £1.5 million crypto investment fraud, following a prosecution led by the UK’s Financial Conduct Authority. Raymondip Bedi, from Bromley, was sentenced to 5 years and 4 months, while Patrick Mavanga, from Peckham, received 6 years and 6 months. Raymondip Bedi and Patrick Mavanga have been sentenced to a combined total of 12 years for cold-calling victims to sell fake crypto investments, defrauding at least 65 investors. Read more https://t.co/9Re7XaRFZJ #FinancialCrime #FraudPrevention #FinancialRegulation #Crypto pic.twitter.com/s7121kHXHk — Financial Conduct Authority (@TheFCA) July 4, 2025 According to the FCA’s official press release , between February 2017 and June 2019, Bedi and Mavanga orchestrated a cold-calling scam targeting investors, promoting fake crypto investment opportunities through companies including CCX Capital and Astaria Group LLP. At least 65 investors were defrauded, losing a total of approximately £1,541,799. The scam involved persuading victims to invest in bogus crypto consultancy services, exploiting trust and bypassing regulatory safeguards. Confiscation proceedings are ongoing to recover the proceeds of the crime. The FCA has urged any victims who have not been contacted to come forward via their dedicated helpline. You might also like: France makes new arrests in ongoing crypto kidnapping case Both men had previously pleaded guilty to multiple charges in 2023, including conspiracy to defraud, conspiracy to breach the Financial Services and Markets Act 2000, and other related offences such as money laundering and possession of false identification documents. Mavanga was also convicted in November last year of perverting the course of justice. Their sentencing comes amid a broader crackdown by the UK’s Financial Conduct Authority on illegal financial promotions and crypto-related fraud. In June, the FCA led a global enforcement campaign targeting unauthorised “finfluencers,” resulting in arrests, criminal charges, and hundreds of takedown requests for misleading social media content. You might also like: While crypto is gradually getting legalized, its money laundering use persists — what are the trends?