Samsung Electronics is anticipated to report a 39% decline in second-quarter operating profit, primarily due to delays in supplying advanced memory chips to AI chip leader Nvidia. The leading memory chipmaker is projected to post an April–June operating profit of 6.3 trillion won ($4.62 billion), marking its weakest result in six quarters, according to LSEG SmartEstimate. Analysts noted that Nvidia’s slow approval process for a new version of Samsung’s high-bandwidth memory (HBM) chips has added to the delay. The prolonged dip in earnings has heightened investor concerns over Samsung’s ability to keep pace with smaller rivals in the race to produce cutting-edge HBM chips for AI-driven data centers. Several of Samsung’s major businesses face uncertainties due to Trump’s tariff policies Samsung’s top competitors, the semiconductor makers SK Hynix and Micron, have made the most of the strong demand for memory chips necessary for AI. On the other hand, its gains in this market have been muted as it relies on the Chinese market, where the United States has constrained sales of high-end chips. Analysts say a key hurdle has been the sluggish approval process for Samsung’s HBM3E 12-high chips by Nvidia. Ryu Young-ho, a senior NH Investment & Securities analyst, noted that HBM revenue likely remained flat in Q2 due to continued US sales restrictions in China and the lack of significant shipments to Nvidia. He further mentioned that Nvidia’s shipment will undergo some changes this year. According to Ryu, Samsung is not expected to send a large amount of the new chip to the prominent tech company this year. Samsung, which projected in March that real progress over its HBM chip was due as soon as June, declined to comment on whether its HBM 3E 12-layer chips successfully went through Nvidia’s qualification process. In June, Nvidia announced that the South Korean firm had started sending the chip to AMD. Nonetheless, analysts have argued that sales of Samsung smartphones should stay strong, as buyers’ demand for stock increased before US tariffs on imported phones could rise. Still, several of Samsung’s major businesses, including chips, smartphones, and home appliances, are dealing with business uncertainty due to a host of US trade policies. This includes President Donald Trump’s threat of a 25% tax on non-US-made smartphones and a July 9 deadline for “reciprocal” tariffs against most of its trading partners. The US is also reportedly weighing whether to revoke the licenses it has given to global chipmakers, including Samsung. This makes the situation even more complicated and threatens to decline Samsung’s sales further. The US intends to revoke the semiconductor firms’ licences In June, the US Department of Commerce (DOC) reportedly considered revoking licenses previously granted to global semiconductor companies—including Samsung, TSMC, and SK Hynix—that allow access to American goods and technology for use in their Chinese manufacturing operations. Sources familiar with the matter said such a move would significantly hamper these firms’ ability to source critical equipment for production lines in China. A White House official noted that the measure was part of contingency planning in case tensions with China escalated. While the administration hopes the trade deal remains intact and rare earth exports from China continue as expected, the official emphasized that the US wants to keep this option on the table should diplomatic relations deteriorate. Amid these developments, US chip equipment makers with strong ties to China saw their stock prices fall. KLA Corp dropped 2.4%, Lam Research declined 1.9%, and Applied Materials lost 2%. In contrast, shares of Micron—one of Samsung and SK Hynix’s main rivals in the memory chip sector—rose by 1.5%. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
The post Bitcoin Crash to $70K? Analyst Warns of Massive Sell-Off Ahead appeared first on Coinpedia Fintech News Veteran crypto trader Capo of Crypto has just doubled down on his warning that Bitcoin could soon see a huge drop to as low as $70,000. Despite Bitcoin staying above $100K for now, Capo says big hidden moves and fresh global risks could break this key level and spark a massive sell-off. Here’s why he’s not backing down from his bearish call and what could trigger the next big shake-up. Altcoins Fallen 30% – 50% While Bitcoin has managed to hover around $108,000, most altcoins have already seen heavy losses, falling 30% to 50% from their May peaks. According to Capo, this drop was no surprise , he called it perfectly and has continued to add to his short trades, especially focusing on altcoins he believes have more downside ahead. But here’s where it gets more interesting: Bitcoin is still holding above $100,000, mainly due to institutional investors accumulating BTC for their reserves, which creates steady buying pressure. However, he finds it odd that with all this buying, Bitcoin’s price hasn’t soared higher. “Something feels off,” he says, suggesting that bigger whales may be quietly selling at these levels. Dormant Bitcoin Wallets Come Alive Adding to the uncertainty, several old Bitcoin wallets from the Satoshi era have suddenly become active, moving over 80,000 BTC, worth nearly $8.7 billion, after 14 years. It’s unclear if these coins will be sold, but Capo sees this as a sign that large holders might be distributing, not accumulating, at current prices. Bitcoin To Drop To $70k, IF! What makes Capo even more bearish is his view that if Bitcoin breaks below the $100K level clearly, it could soon drop to the next support area around $92K–$93K. Making this even worse, a deeper slip could drag BTC to $60K–$70K, and altcoins might collapse another 50%–80% in a panic sell-off. China–Taiwan Tensions Loom Large One trigger he points to is the China–Taiwan conflict, which he says is quietly reaching a dangerous point. Any disruption in Taiwan’s vital chip supply could shake global markets and push investors to panic, and crypto won’t be safe. As of now, bitcoin is shying away from its all-time high, currently trading around $108,912 , reflecting a rise of 1% seen in the last 24 hours, with a market cap hitting $2.16 trillion.
The post Was the Ripple Lawsuit Designed to Keep XRP’s Price Down? 9,000-Hour XRP Researcher Speaks appeared first on Coinpedia Fintech News A crypto expert, Jesse from Apex Crypto Consulting, recently discussed the Ripple vs. SEC lawsuit. After spending over 9,000 hours researching Ripple and the global financial system, Jesse shared his thoughts and said the lawsuit might not be what it seems. According to Jesse, the legal battle between Ripple and the SEC is more like a carefully planned show. He feels it’s being used to control XRP’s price and allow Ripple to quietly build strong partnerships around the world. Jesse explained that in his view, Ripple isn’t just an ordinary crypto company and it is closely connected to powerful global financial groups like central banks and the IMF. In his opinion, Ripple’s long-term goal is to make XRP a global reserve currency that can replace traditional payment systems like SWIFT. He also pointed out that, in history, leaders who tried to change the global money system even slightly faced major consequences. But Ripple continues to grow without anyone stopping them, which makes him believe they might be working alongside the biggest financial powers in the world. On the lawsuit itself, Jesse claimed it serves multiple purposes. One, he said, is to keep XRP’s price lower for longer, allowing Ripple to strike deals with partners and build a global payments network quietly. He added that there’s evidence Ripple has signed hundreds of NDAs and agreements with financial institutions, which benefit from lower XRP prices until a possible future price surge. However, Jesse made it clear that these are his personal opinions based on years of research. Where the Lawsuit Stands Now At the moment, the Ripple vs. SEC case is in its final stage. Both sides are waiting for the court to decide on penalties and other final details. Recently, Ripple CEO Brad Garlinghouse announced that the company is dropping its cross-appeal, which could help speed up the end of this long-running case.
Cryptocurrency analyst The DeFi Investor has shared a weekly watch list of altcoin and macro developments that users should keep on their radar in the new week. The list is shaped by both technical developments and regulatory and macroeconomic agendas. Here are the main topics that the analyst highlighted this week: KAITO (KAITO): Preparing to release a capital launch for token launches in July. Ripple (XRP): On July 9, the US Senate will debate whether coins like XRP are classified as commodities. Fluid (FLUID): Announced plans to expand to the Solana network in partnership with Jupiter Exchange. Bitcoin (BTC): The 90-day tariff negotiation postponement period implemented by US President Donald Trump ends on July 9. This could create volatility in global markets and affect Bitcoin pricing. Related News: Ripple's XRP Supply Available for Release from Escrow Decreasing - What Will Happen When It Runs Out? MultiversX (EGLD): Preparing to implement on-chain governance on mainnet next week. Aerodrome (AERO): Will soon be launching the Pool Launcher feature, which will enable the launch of Permissionless liquidity pools. This feature will allow users to create their own pools. Macroeconomic Developments – FED: The minutes of the US Federal Reserve's Federal Open Market Committee (FOMC) will be released on July 9. *This is not investment advice. Continue Reading: Here’s What to Watch in Altcoins This Week
Shenzhen warns against cryptocurrency scams using fraudulent schemes. Authority advises citizens to rely on approved financial institutions. Continue Reading: Shenzhen Warns Against Cryptocurrency Investment Scams The post Shenzhen Warns Against Cryptocurrency Investment Scams appeared first on COINTURK NEWS .
Ukraine has imposed sweeping new sanctions targeting Russian individuals and crypto-related entities accused of facilitating financial flows that support the Kremlin’s war efforts. In a July 6 statement reported by RBC Ukraine, President Volodymyr Zelenskyy said the latest sanctions package, developed with the National Bank of Ukraine, aims to block financial schemes increasingly reliant on cryptocurrency transfers. The sanctions list includes 60 companies and 73 Russian nationals. “We will work on each one with our partners to combine sanctions — ours and European, ours and those of other significant jurisdictions worldwide,” Zelenskyy said, adding that the action was coordinated with Ukraine’s international partners. One sanctioned company, he noted, processed billions of dollars in crypto transactions this year, most of which supported Russia’s defense industry. Zelenskyy stressed the strategic importance of sanctioning digital assets. As conventional banking routes are increasingly restricted, Russia has turned to crypto networks to sustain critical wartime logistics. The Ukrainian government is pushing for synchronized action with the European Union and other allied jurisdictions to limit these flows. You might also like: Ukraine advances crypto reserve mission with strategic bill The move follows a broader campaign to stifle Russia’s use of digital assets for sanctions evasion. Since legalizing crypto payments for cross-border trade in 2024, Russian entities,including pro-war groups, have raised millions in crypto to bypass banking restrictions. Still, analysts argue that crypto’s limited liquidity and blockchain transparency make it an inefficient tool for large-scale evasion. Ukraine, by contrast, has effectively leveraged digital assets for defense funding. Since the invasion began, the country has received over $200 million in crypto donations and ranks among the top nations for crypto adoption. Zelenskyy confirmed more measures are in development, including further alignment with EU sanctions packages. Ukraine has already implemented several rounds mirroring Brussels’ restrictions and is pushing for mutual recognition of its sanctions within the EU. Read more: Ukraine’s SEC proposes 23% total tax on crypto income
The U.K.-based Smarter Web Company recently hit a 1,000 BTC milestone in its crypto treasury strategy after its recent purchase of 226.42 BTC, reporting a 26,242% year-to-date yield. According to a published press release , the London-listed technology company has hit a significant point in its crypto treasury strategy, also known as the “10 Year Plan.” On July 7, the firm bought 226.42 BTC ( BTC ) with an average price estimated to be around $107,726 per Bitcoin. At the moment, the purchase is worth $24.67 million. With its recent purchase, the Smarter Web Company’s Bitcoin holdings has reached a total of 1,000 BTC or equal to $108.9 million based on current market prices. This marks a significant step in the company’s long-held plan to establish a Bitcoin treasury massive enough throughout the next few years. At press time, BTC has continued its trend of seeing modest gains throughout as it gradually bounces back from a brief slump earlier in the day. Bitcoin has jumped slightly by 0.77% in the past 24 hours. In the past week, BTC has only managed to gain a 0.66% boost. The largest cryptocurrency by market cap is trading hands at $108,998. It managed to reach a peak of $109,574 today after slipping slightly below the $108,000 threshold. Price chart for Bitcoin after the Smarter Web Company hit 1,000 BTC milestone, July 7, 2025 | Source: crypto.news You might also like: Elon Musk’s new ‘America Party’ will embrace Bitcoin, claiming fiat to be ‘hopeless’ In addition to the recent purchase, the company also provided details on its Bitcoin-related metrics. On a year-to-date basis, the Smarter Web Company has managed to generate 26,242% in BTC Yield from its Bitcoin treasury. In the past month, the firm has achieved a BTC Yield of around 530% on its treasury’s current holdings. In addition, the company has a cash supply worth £42.3 million ($57.56 million) that it has prepared to buy more Bitcoin to grow its treasury. Since early 2023, the Smarter Web Company has been accepting payments in BTC from its customers. However, it has only started buying Bitcoin to strengthen its financial position since April 28 this year. In just three months time, it has managed to accumulate 1,000 BTC in its holdings. Read more: UK’s Smarter Web Company adds 196 Bitcoin to balance sheet amidst Iran-fueled price rebound
The representative for FTX creditors has disclosed that the platform’s aggregate claims are projected to reach approximately $11 billion. This figure underscores the extensive financial impact of the exchange’s collapse
The recent release of more tokens has led to a decline in Pi Network’s value. In contrast, XYZVerse is gaining significant attention, raising over $14 million before its launch. These opposing trends suggest a shift in the market landscape. What factors are driving Pi Network down while propelling XYZVerse upward? Demand for $XYZ Surges As Its Capitalization Approaches the $15M Milestone The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project , further solidifying its appeal. Price Dynamics and Listing Plans During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges. The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization. So far, more than $14 million has been raised, and the presale is approaching another significant milestone of $15 million . This fast progress is signaling strong demand from both retail and institutional investors. Champions Get Rewarded In XYZVerse , the community calls the plays . Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big. The Road to Victory With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price , and to rally a community of believers who believe this is the start of something legendary. Airdrops, Rewards, and More – Join XYZVerse to Unlock All the Benefits Pi Network: Mining Crypto from Your Phone Without Draining Battery Imagine earning cryptocurrency from your smartphone without expensive equipment or wasted energy. That’s Pi Network. Launched in 2019 by Stanford graduates, it lets you mine Pi coins by checking in daily on the app. No battery drain or special hardware needed. By nominating trusted contacts, you help build secure trust circles. This creates a global web of verified users, making the network safe without massive computing power like Bitcoin. Pi’s potential lies in its user-friendly approach. Using the energy-efficient Stellar Consensus Protocol, it avoids heavy energy use. Users earn rewards for check-ins, growing their circles, and running nodes. As it moves toward its open network phase, users completing KYC can transfer Pi to the blockchain. In today’s market, where energy efficiency and inclusivity matter, Pi Network stands out. Compared to other coins, it offers a more accessible and eco-friendly option. Conclusion Though PI and other coins show strength in the 2025 bull run, XYZVerse uniquely combines sports enthusiasm with meme culture, aiming for significant growth. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Continue Reading: Pi Network Sinks After Token Unlock, While XYZVerse Presale Rockets Past $14M in Sector Shift
Can crypto really replace real estate in visa programs, or is Toncoin just testing the limits of investor trust?