The first exchange-traded funds (ETFs) that will both track cryptocurrency prices and provide investors with staking returns will soon begin trading in the United States. These new ETFs, to be launched by REX Shares and Osprey Funds, are on their way to approval after the U.S. Securities and Exchange Commission (SEC) completed its comments. REX and Osprey filed with the SEC in May to establish C-corporation ETFs that would invest in Ethereum (ETH) and Solana (SOL) assets and provide additional returns by staking a portion of these assets. However, the SEC temporarily halted the process, citing some legal uncertainties regarding these applications. With the SEC having completed its final review, the funds are now reportedly clear of any obstacles. “Looks like they’re ready to launch, wow,” Bloomberg senior ETF analyst Eric Balchunas wrote on X (formerly Twitter). Related News: What's Next for Chainlink (LINK)? Analysis Firm Shares Must-Have Protection and Target Levels REX Shares announced on the same day via the X platform that the Solana staking ETF is coming “very soon.” Although there is no direct statement about the Ethereum staking ETF, both funds are included in the registration documents filed with the SEC. The ETFs will be traded on the Cboe BZX exchange under the symbols ESK (ETH staking ETF) and SSK (SOL staking ETF), respectively. This development comes amidst a particularly competitive environment, particularly on the Solana side. Major firms such as Invesco and Galaxy have also applied for spot Solana ETFs. Eric Balchunas said these funds could be approved in two to four months. But REX-Osprey’s approach offers a compelling legal solution to bypass this approval process. Unlike most ETFs, the funds opt for taxable C-corporation status, which allows staking income to be taxed within the fund before being passed on to investors as dividends. While management fees for both funds are set at 0.75%, the total cost is expected to be higher due to income taxes. *This is not investment advice. Continue Reading: A Turning Point for Cryptocurrencies: Solana and Ethereum ETFs with Staking Could Soon Begin Trading
Robinhood has launched micro futures contracts for XRP, Solana, and Bitcoin, aiming to lower entry barriers and boost retail investor participation in crypto derivatives. This strategic expansion enhances market accessibility
COINOTAG News reported on June 29th that the Trump Group introduced a $499 smartphone, initially marketed as “Made in America.” However, this claim was quickly challenged by prominent U.S. media
Ark Invest recently divested over $52 million in Coinbase shares amid a notable surge in the stock price, reflecting shifting institutional strategies in the crypto market. Coinbase’s impressive rally is
The post Is XRP About to Lead the Next Altcoin Season? appeared first on Coinpedia Fintech News It’s starting to feel like something big is coming for XRP. After months of sideways moves, quiet price action, and market uncertainty, signs are finally pointing toward a potential breakout, and some experts believe XRP m ight just be the coin to kickstart the next altcoin season. Bitcoin’s Move Could Set the Stage Bitcoin made a solid push this morning, climbing toward a key resistance zone near $114,000. If it manages to break above this level, traders believe it could trigger a wave of momentum across the market. And if history repeats itself, XRP might be one of the first to react. The last time Bitcoin broke through a similar price range, XRP skyrocketed from $0.55 to $2.70 in less than a month. Right now, with XRP holding firm around $2.00, many in the market are wondering if it’s about to happen again. A Familiar Setup for XRP Even as Bitcoin’s dominance over the market has steadily increased since December 2022, XRP has quietly maintained its position. The current price zone mirrors the area where the last major altcoin rally began, making this a particularly interesting moment for XRP watchers. Technical indicators have hinted that Bitcoin dominance is showing signs of bearish divergence. If it starts to lose strength, it could open the door for altcoins to shine, with XRP leading the pack. Ripple’s Big Advantage Adding to the excitement, Ripple CTO David Schwartz recently confirmed that financial institutions are preparing to enter the XRP Ledger ecosystem. Not for the reasons most people might expect, but to tap into its fast transaction speeds, low fees, and reliable infrastructure. According to Schwartz, one of XRP’s biggest strengths is its simplicity. Unlike blockchains weighed down by complex smart contracts, XRP offers clean, secure transactions that appeal to serious financial players looking for efficiency and reliability. What Comes Next At this stage, the market is holding its breath. If Bitcoin clears its resistance and XRP keeps holding firm, the conditions for a fresh altcoin season could fall into place. And if past patterns are any guide, XRP is in a strong position to lead that rally.
NFT projects lost roughly $1 million in crypto over the past week when hackers posed as IT staff and struck at the heart of minting systems. The breach hit fan-token marketplace Favrr and Web3 initiatives Replicandy and ChainSaw, among others. According to onchain investigator and cybersecurity analyst ZackXBT, the attackers pushed out mass batches of NFTs, drove floor prices to zero, then cashed in their haul before teams could react. NFT: Hackers Slip Into Web3 Teams Based on reports, the group quietly joined development squads under false identities. They gained insider access to minting contracts. Then they minted thousands of tokens and NFTs in moments. The sudden flood crushed floor prices and let the thieves grab hot cash in minutes. It all unfolded in under a week, and about $1 million vanished from these projects’ treasuries. 1/ Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited in the past week which resulted in ~$1M stolen My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers. pic.twitter.com/85JRm5kLQO — ZachXBT (@zachxbt) June 27, 2025 Mass Minting Drops Prices Favrr suffered one of the biggest hits. The thieves dumped tokens so fast the market couldn’t catch up. Replicandy and ChainSaw saw similar moves. At Replicandy, floor values hit zero almost instantly. ChainSaw’s stolen crypto still sits inactive in wallets, waiting for launderers to stir it back into exchanges. ZackXBT pointed out that nested services then further obscured the money trail. 4/ In total I estimate $310K+ from their projects was stolen and transferred primarily between the three address below. 0xf6a9349c54d51f7f76bbd2afd755b5dd75e617ee0x7e580f916a8e93871b72a694407fb7d790de96a60x58f4299465b261e79713e5c78a7629cd656aed36 pic.twitter.com/8noeV48MUY — ZachXBT (@zachxbt) June 27, 2025 Funds Trace And Freeze Challenges Onchain transfers moved funds through multiple exchanges and wallets. Analysts say tracing mixed outputs can take weeks. Exchanges must review huge logs. That slows or even blocks law enforcement from locking down accounts. In the Coinbase data leak back in May 2025, about 69,461 customers had personal info exposed. Contractors were bribed to hand over user data, leading to an extortion bid against the exchange. Lessons From Broader Cyber Attacks The NFT/ Web3 insider episode echoes Ruby Sleet’s tactics. In November 2024, that group targeted aerospace and defense firms, then shifted to IT companies via fake hiring drives. They used social engineering to plant malware and harvest credentials. Today’s blockchain and NFT hacks show that open and irreversible ledgers magnify mistakes. When insiders gain privileges, there’s often no undo button. Security experts warn teams to rethink trust models. Zero‑trust approaches limit each engineer’s reach. Multi‑party approval gates could block sudden minting spikes. Real‑time activity monitors can flag odd behavior right away. And code reviews paired with identity checks for every new hire help close gaps before they’re abused. Featured image from Vecteezy, chart from TradingView
Researchers associated with AE Studio and the Effective Altruism community have raised concerns about the safety and reliability of Openai’s flagship model, GPT-4o, in a recent opinion piece for the Wall Street Journal. They revealed that a minimal investment of $10 and twenty minutes on Openai’s developer platform allowed them to expose disturbing tendencies within
According to Coinglass data reported by COINOTAG News on June 29th, Bitcoin faces critical liquidation thresholds at key price levels. Should Bitcoin surpass the $10,900 mark, the aggregate short liquidation
The post Bitcoin, ETH, & XRP Price Prediction for Next Week (30th June 2025 – 05th July 2025) appeared first on Coinpedia Fintech News The broader crypto market is holding steady going into the final days of June, with the total market capitalization rising modestly to $3.29 trillion. Despite this, trading volume has slipped by over 15%, suggesting reduced participation heading into the weekend. The Fear & Greed Index rests at a neutral 49, hinting at market indecision. Talking about bluechip coins, while Bitcoin is up 0.28% at $107,327, Ethereum is down slightly, and XRP shines with a 5% daily gain. Join me as I explore their technicals for a week-ahead price prediction. Bitcoin (BTC) Price Prediction On the daily chart, BTC is consolidating just beneath the upper Bollinger Band at $110,539.68. The RSI stands at 56.30, suggesting mild bullish momentum, but still within a neutral zone. The price is currently holding above the 20-day SMA at $106,002, which is acting as immediate support. The sideways movement and low volatility on the chart hint at a potential breakout, but direction remains uncertain. A decisive close above $108,000 could trigger a rally toward $110,500, while a rejection here might drag BTC back to $106,000 or even the lower band near $101,500. Keen on long-term forecast? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030! Ethereum (ETH) Price Prediction The largest altcoin, Ethereum, is trading below the 20-day SMA at $2,508, showing signs of weakening momentum. The RSI has just bounced from oversold levels, now reading 47.10, suggesting early signs of a reversal attempt. However, ETH remains trapped within a narrow channel on the daily timeframe. If bulls manage to push the price above $2,500 next week, ETH could revisit $2,650. On the flip side, failure to hold $2,390 could open the door to further downside toward $2,250 or even $2,200, where the lower Bollinger Band rests. Hodling ETH? You need to check out our Ethereum (ETH) Price Prediction 2025, 2026-2030! Ripple XRP Price Prediction XRP has broken above its mid-Bollinger band and is attempting a push toward the upper band at $2.31. The RSI has jumped to 51.05, showing strengthening bullish momentum. This move comes on the back of a sharp rebound from the $2.07 low, a level that has acted as strong support this month. A continued rally above $2.22 could push XRP to test $2.31 and even $2.40 in the coming days. However, if buyers lose steam, support lies at $2.17, followed by the lower Bollinger Band around $2.02. Also read our Ripple XRP Price Prediction 2025, 2026-2030! FAQs Will Bitcoin price hit $110k next week? Yes, if the bulls hold the momentum, the BTC price could surge to a maximum of $110,500 by the end of next week. Is Ethereum weakening compared to Bitcoin and XRP? Yes, Ethereum is underperforming slightly. It’s trading below key averages, while BTC consolidates and XRP shows stronger upside momentum. Will XRP hit $3 next week? It is highly unlikely unless there is a major catalyst. XRP could test $2.40–$2.50, but $3 would require a strong breakout supported by volume and sentiment shift.
According to Ashes Monitoring, AguilaTrades initiated a substantial long position in Bitcoin (BTC) valued at $160 million as the cryptocurrency surpassed the $108,000 mark. Subsequently, the trader strategically augmented this