President Donald Trump celebrated the passage of his “big, beautiful bill” with a patriotic display at the White House, marking a major legislative win. But while the event focused on military strength and national pride, the bill’s deeper economic changes could have unexpected effects on the crypto world. One key result is growing concern about inflation , as the bill includes large tax cuts and expanded spending. Economists warn this could increase the federal deficit by over $3 trillion, potentially weakening the U.S. dollar. Historically, such conditions often lead investors to seek out alternative assets like Bitcoin , which is seen as a hedge against inflation. At the same time, the bill excludes proposed crypto tax reforms . Lawmakers had pushed for provisions like tax breaks for small Bitcoin transactions and mining operations, but those were left out of the final version. This means that while crypto may gain more attention due to the economic fallout, the regulatory landscape remains the same for now. Despite no direct impact on digital assets, experts believe the broader financial consequences of this bill could drive more people to consider Bitcoin as a safe store of value. As inflation fears rise, crypto might gain new momentum, even without fresh legal support.
Sweden’s Justice Minister Gunnar Strömmer has ordered local authorities to intensify efforts to seize assets like cryptocurrency, luxury goods, and real estate under a sweeping new law targeting unexplained wealth, even from individuals not directly implicated in crimes. Key Takeaways: Sweden’s new law lets authorities seize assets, including crypto, from anyone unable to prove the legitimacy of their wealth. Over $8.3 million has already been confiscated since November 2024. Concerns are rising among legal experts over potential civil liberties violations. Speaking to Dagens industri on Thursday , Strömmer urged police, tax authorities, and the Swedish Enforcement Authority to prioritize cases likely to result in significant confiscations. The justice minister revealed that more than $8.3 million in assets have been seized since the law took effect in November 2024. “Now it’s time to turn up the pressure even more,” Strömmer said. Sweden’s New Law Lets Authorities Seize Assets Without Proof of Crime The controversial legislation empowers authorities to seize cash, bank assets, and luxury items from individuals unable to prove that their wealth matches their income or offer a legitimate explanation for its origin. Sweden’s government announced when passing the measure that it aimed to crack down on violent crime by disrupting criminal finances. “This means that a person who, for example, has large amounts of cash, sizeable bank assets, or luxury articles may forfeit them if he or she does not have an income that is proportional to the property and cannot otherwise explain where it comes from,” the government stated at the time. Though it’s unclear how much of the $8.3 million seized so far is linked to cryptocurrency, the law has already sparked concerns among legal experts and civil liberties advocates. The Economist reported in December that a woman traveling through Gothenburg-Landvetter Airport had $137,000 and a Rolex watch confiscated, while roughly $1 million in assets were seized during the first week of enforcement. California passed bill to seize your crypto. pic.twitter.com/QxbWzKEsSZ — mrredpillz jokaqarmy (@JOKAQARMY1) June 28, 2025 In April, Swedish MP Rickard Nordin called on the finance minister to consider adopting Bitcoin as a reserve asset, proposing that authorities retain seized BTC rather than liquidate it, similar to a “budget-neutral” approach used by the U.S. The push for a digital asset reserve comes after former U.S. President Donald Trump signed an executive order in March creating a national crypto reserve, potentially influencing lawmakers abroad to explore similar strategies. Swedish MPs Push to Add Bitcoin to National Reserves In April, two Swedish lawmakers urged Finance Minister Elisabeth Svantesson to consider adding Bitcoin to Sweden’s foreign exchange reserves , highlighting its similarities to gold and potential as a hedge against economic instability. Their proposal includes directly accumulating Bitcoin or adopting a budget-neutral strategy by keeping BTC seized in criminal cases instead of auctioning it. At the core of the Swedish lawmakers’ proposal is the belief that Bitcoin could serve as a digital gold, an asset capable of retaining value in times of economic upheaval. Notably, this method has allowed the US government to quietly build up large amounts of BTC, a move formalized in March when Donald Trump signed an executive order making Bitcoin part of the national reserve framework. The post Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets appeared first on Cryptonews .
The Chainlink price has impressed at times this year, but it has struggled to mount a sustained bullish run over the past few months. Most recently, the altcoin demonstrated a strong resurgence by moving from around $13 to just beneath $16 in the first half of June. However, the Chainlink price soon suffered a severe downturn, reaching as low as $11.2 by June 22. While the price of the LINK token has recovered above the $13 level, below are two of the critical levels investors should watch out for over the coming weeks. If Resistance Is At $15, Where Is LINK’s Next Support? In a recent post on the social media platform X, prominent crypto analyst Ali Martinez shared an interesting on-chain insight into the current setup of the Chainlink price. According to the market pundit, the altcoin could be approaching a critical resistance level around the $15 region. Related Reading: Whales Are Loading Up on Chainlink (LINK), But Retail Investors Are Still Missing the Signal This on-chain revelation is based on the average cost basis of several LINK investors. For context, cost-basis analysis examines a level’s capacity to function as support or resistance based on the volume of tokens last acquired by investors in the price region. As depicted in the chart above, the size of the dot represents the amount of LINK tokens purchased within each price region and its corresponding strength. The bigger the dot, the larger the volume of purchased tokens, and the stronger the support or resistance. It is worth noting that the green dots are the support levels, as they are below the current price, while the red dots refer to resistance, as they are above the current price. According to data highlighted by Martinez, the Chainlink price faces a major supply barrier around the $14.88 – $15.32 region, where 10,440 addresses bought 89.63 million LINK tokens (equivalent $1.36 billion at an average price of $15.12). This region could prove to be a resistance to price, as investors with their cost basis around the level would likely sell as soon as they break even, thereby putting downward pressure on the LINK price. Furthermore, IntoTheBlock data shows that the Chainlink price could find significant support around the $12.87 – $13.26 bracket, where 20,260 investors acquired 53.91 million LINK tokens at an average price of $13.05. The rationale behind this is that, when LINK’s price returns to around $12.8, investors with their cost basis in and around this level are likely to defend their position by purchasing more coins, ensuring the altcoin stays above the support area. Chainlink Price At A Glance As of this writing, the LINK token is valued at around $13.16, reflecting an almost 4% price decline in the past 24 hours. Related Reading: Ethereum Price Targets $3,000 As Analyst Calls It A ‘Powder Keg’ Featured image from Waratah Fencing, chart from TradingView
Even the most hopeful investors can be humbled by the crypto market. You may have heard the success stories of people who bought Bitcoin (BTC) for $100, XRP for $0.005, or Solana (SOL) for $0.20 and turned little amounts of money into massive amounts. But for those who lost out on those moonshots, the real issue is: What’s next? While the big names still receive a lot of press, savvy investors are now turning to new, undervalued tokens that have significant potential for growth. Little Pepe (LILPEPE) is the most important part of this movement. It’s a meme coin that’s gradually becoming the most inexpensive crypto buy of 2025. At just $0.0013 in its current presale stage, LILPEPE is offering early backers the kind of upside that Bitcoin and Solana once did — but with far more community hype and infrastructure from the get-go. Missed BTC, XRP, and SOL? You’re Not Alone Most retail investors didn’t buy Bitcoin in 2010 or 2015. They didn’t buy XRP before the 2017 Ripple hype. Many only heard of Solana after it soared past $100 in the last cycle. By then, the lion’s share of gains had already been made. The beauty of crypto, though, is that it constantly offers new opportunities. While large-cap assets like BTC and ETH may double or triple in the next bull run, micro-cap tokens like LILPEPE can 50x or more from their starting point, especially when built on strong foundations, viral branding, and early utility. Why LILPEPE is the Best Low-Cost Crypto Buy Right Now What separates Little Pepe (LILPEPE) from thousands of other meme coins isn’t just its low entry price. It’s that the project is bringing real utility and innovation to a meme category that’s often dominated by pump-and-dump tokens. Built on Ethereum as an ERC-20 token, LILPEPE is launching its own Layer 2 blockchain exclusively for meme coins. The chain is designed to be bot-resistant, lightning-fast, and virtually free of gas fees, solving major issues that plague new meme coin launches. More impressively, LILPEPE is launching a Meme Launchpad, a platform where new creators can build, mint, and launch their meme tokens directly on the LILPEPE chain. This ecosystem approach transforms LILPEPE from a meme into a decentralized factory of meme innovation. This is not just another frog-themed token. It’s the only meme coin positioning itself to become the infrastructure layer for an entire meme economy. Blazing Through Presale Stages and Raising Millions LILPEPE is currently in Stage 4 of its presale, priced at just $0.0013. With over $3 million raised so far and 2.6 billion tokens sold, the demand is clear. Early stages sold out in record time, and the momentum doesn’t appear to be slowing. But it’s not just the presale traction that has traders buzzing. The team recently launched the Little Pepe $777K Giveaway, where 10 winners will receive $77,000 worth of LILPEPE tokens. The campaign has exploded across crypto Twitter and Telegram, drawing attention from whales, influencers, and retail alike. Add to this the confirmed listings on two top centralized exchanges (CEXs) at launch, plus plans to debut on the biggest crypto exchange in the world, and it’s easy to see why many believe LILPEPE is next in line for a viral breakout. A Second Chance at Crypto Wealth Everyone dreams of buying the next Bitcoin at $1. Everyone regrets not investing $500 in SHIB before it skyrocketed to millions. But regret doesn’t pay the bills — action does. LILPEPE is offering a rare chance to get in on the ground floor of a coin that isn’t just a meme — it’s a meme movement. With strong tokenomics, real product development, major exchange support, and a presale price under a penny, the upside potential is enormous. While Bitcoin and Ethereum may still grow steadily over the coming years, only micro-cap gems like LILPEPE can deliver the kind of exponential returns that change lives. So, if you missed the last rallies, don’t let the next one pass you by. LILPEPE might just be the best cheap crypto to buy now if you’re looking to rewrite your crypto story in 2025 — and beyond. For more information about Little Pepe (LILPEPE) visit the links below: Website: https://littlepepe.com Whitepaper: https://littlepepe.com/whitepaper.pdf Telegram: https://t.me/littlepepetoken Twitter/X: https://x.com/littlepepetoken
Institutional investors are increasingly shifting their focus from speculative altcoins to Bitcoin, Ethereum, and Solana as preferred treasury assets, signaling a pivotal change in crypto market dynamics. This strategic pivot
On July 4, US President Donald Trump announced that the US government will initiate the dispatch of formal letters to trade partners, outlining new unilateral tariff rates expected to take
Microsoft has announced that it will be closing its operations in Pakistan, marking the end of its 25-year presence in the country. The company, based in Redmond, confirmed to media outlets that it is planning on changing its operational model in the South Asian country. According to reports, Microsoft will begin to serve its users in Pakistan through resellers and other closely located Microsoft offices. In a detailed statement by a spokesperson of the company, its customer arrangements and services will not be affected. The spokesperson also added that the company has always adopted this model in other countries and it has been successful. “Our customers remain our top priority and can expect the same high level of service going forward,” the spokesperson added. Microsoft set to wind down its Pakistan operations According to reports, the decision is expected to affect five Microsoft employees in Pakistan, with the report noting that the company did not set up any engineering base or resources in the country, unlike its bases in India and other growing countries. Instead, its employees in Pakistan were only tasked with selling Azure and Office products. The development comes amid a broader restructuring move from the company. According to Pakistan’s Information and Broadcasting Ministry, Microsoft’s exit is part of a wider workforce optimization program. “This would reflect a long-signaled strategy, consolidating direct headcount and moving toward a partner-led, cloud-based delivery model, rather than a retreat from the Pakistani market,” the body said. It also noted that it recognizes the value of having leading global technology providers active in the country. “We will continue to engage Microsoft’s regional and global leadership to ensure that any structural changes strengthen, rather than diminish, Microsoft’s long term commitment to Pakistani customers, developers, and channel partners,” the agency said. Western firms struggle as Asian tech firms dominate Earlier this week, Microsoft announced a reduction in its workforce, cutting it by 4% globally. Also, in preparation for its transition in Pakistan, the company had moved licensing and commercial contract management for Pakistan to its European hub in Ireland in the last few years, while certified local entities have been in charge of the handling of its day-to-day service delivery. Former Microsoft executive and its first lead in Pakistan Jawad Rehman discussed the company’s exit in a recent post. “This is more than a corporate exit. It’s a sobering signal of the environment our country has created … one where even global giants like Microsoft find it unsustainable to stay. It also reflects on what was done (or not done) with the strong foundation we left behind by the subsequent team and regional management of Microsoft,” Rehman said. The exit comes days after the federal government of Pakistan announced its plan to provide IT certifications from several tech companies, including Google and Microsoft to 500,000 youths. The announcement was in contrast to that of Google, with the company announcing a $10.5 million investment in the country’s public education last year and is also looking at Pakistan as a location to produce half a million Chromebooks by 2026. The recent development reveals the broader challenges to the tech sector in Pakistan. Unlike India and other markets in the region, Pakistan has struggled to establish itself as a major engineering outsourcing destination for Western tech companies. Instead, the country has been dominated by two main firms, local companies that have developed their engineering capabilities and Chinese firms like Huawei , which has gained a considerable amount of market share by providing enterprise-grade infrastructure to communications firms and banks. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Old Bitcoin whales' actions cause a notable cryptocurrency market downturn. Significant sales create additional selling pressure, affecting investor strategies. Continue Reading: The Cryptocurrency Market Faces Turbulence as Old Bitcoin Whales Act The post The Cryptocurrency Market Faces Turbulence as Old Bitcoin Whales Act appeared first on COINTURK NEWS .
According to data from Coinglass on July 5th, a significant liquidation event is anticipated in the Bitcoin market. Should Bitcoin’s price dip below $107,000, the total liquidation intensity of long
Eight Bitcoin wallets that had been inactive for over 14 years have collectively moved 80,000 BTC, worth more than $8.6 billion at current prices. These wallets received their coins in 2011, when Bitcoin was trading at just $0.78, highlighting a staggering appreciation of over 13.9 million percent. The transfers were first flagged by blockchain analytics firm Arkham Intelligence, which noted that the coins were moved to new addresses using a modern, lower-fee format. Despite the significant movement, the identity of the wallet owner remains unknown, and the funds have not been moved further since the initial transfer.