NIP Group, the umbrella company of the world-famous e-sports organization Ninjas in Pyjamas (NiP), announced that it has entered the Bitcoin mining industry. Esports Giant Ninjas in Pyjamas Gets Into Bitcoin Mining: Aims to Produce $6.5 Million in BTC Monthly The company aims to produce 60 BTC per month by purchasing a series of mining rigs with a total computational power of 3.11 EH/s (exahash/second), which corresponds to a production value of approximately $6.5 million at current prices. However, this production represents gross income; net income may differ once expenses such as electricity and operating costs are deducted. NIP Group has established a new unit to manage mining operations and make strategic decisions regarding the BTCs mined: Digital Computing Division. Although the company has not yet given details on how it will evaluate Bitcoins, this new division will also take responsibility for future mining investments. “We Are Not Just a Gaming Company Anymore” NIP Group co-founder and co-CEO Hicham Chahine said in a statement on LinkedIn that after the company went public last year, they wanted to create revenue models in areas other than esports and entertainment. Chahine emphasized that Bitcoin mining stands out as a “related and innovative” area and that they will continue to expand in this area. “We are no longer just a gaming company. We are transforming into a digital infrastructure company fit for the entertainment era,” Chahine said, noting that they are investing in real computing power and operational capacity. But investors don’t seem to have welcomed the decision so far. The company’s shares have fallen 17% since the announcement on Tuesday, falling to $2.13. They have fallen 88% since their peak of $17.76 in July 2024. NIP Group’s move sees institutional firms joining the trend of building bitcoin reserves, much like MicroStrategy’s pioneering model. Led by MicroStrategy founder Michael Saylor, the model has led to a 3,300% increase in the company’s stock, turning it into a major crypto asset investor. However, experts remind that this approach carries risks due to high volatility and that companies may have to sell BTC if they are in trouble. NIP Group's new direction shows that gaming giants are now trying to grow not only through content production, but also through digital infrastructure and asset management. *This is not investment advice. Continue Reading: World Famous E-Sports Giant Announces It Will Enter Bitcoin Mining Industry! Here Are the Details
The price of crypto may be on the verge of a major move again, with Bitcoin ($BTC) climbing as high as $110,386 in the last 24 hours as it attempts to challenge its recently-posted all-time high ($111,814) and break the stagnation it faced amid recent geopolitical upheavals. Additionally, a number of leading altcoins and some of the best meme coins —including TRON, Sui Network, Solana, Pepe, Trump, SPX6900, and FartCoin—have reached unprecedented price levels in recent months, suggesting that an altcoin breakout may be on the horizon. As markets brace for what many anticipate will be the next bullish surge, investor focus is narrowing toward select altcoins with the potential to chart new price milestones. Ripple (XRP): Will This Cross-Border Payments Giant Set Fresh Crypto Price Records in 2025? Ripple’s XRP continues to carve out a reputation as a key bridge connecting legacy banking systems with blockchain-based payments. Its fast transaction speeds and minimal fees have attracted institutional attention, including endorsements from the United Nations as a compliant solution for facilitating global payments without intermediaries. In addition, XRP was at the center of a lengthy legal dispute with the U.S. Securities and Exchange Commission (SEC). A pivotal 2023 ruling determined that XRP’s retail sales were not securities transactions, and by 2025, the SEC formally dropped its lawsuit, concluding a four-year legal battle. This resolution strengthened XRP’s market standing and set an important regulatory precedent benefiting the broader crypto sector. Investor sentiment has since improved dramatically, with XRP outperforming Bitcoin over the past year, gaining 400% compared to BTC’s 89.5% increase. From a technical standpoint, analysts identified a bullish flag pattern during Q1, indicating a potential rally towards $3.50 this summer, eclipsing its former peak of $3.40 in January 2018. Shiba Inu ($SHIB): Could Ethereum’s Meme Crypto Heavyweight Triple in Price? Since debuting in August 2020, Shiba Inu ($SHIB) has ascended to become the second-largest meme token after Dogecoin, with a market valuation surpassing $6.8 billion. Over the past 24 hours, SHIB has slipped 3% and currently trades around $0.00001156. While it’s not the smallest dip, Shiba Inu retained value better than the average cryptocurrency as the crypto collective market cap fell 3.7%. However, Shiba Inu is in a strong position to chart a course to the moon. Its recent chart patterns feature two prominent bullish formations: a descending wedge spanning November to March and a bullish flag since mid-May, both suggesting possible upward momentum. If SHIB breaks through its primary resistance at $0.000022 and maintains positive market sentiment, analysts project a climb above $0.00003 by late summer. Some estimates forecast potential gains reaching the $0.00006 to $0.00009 range by year-end if current trends persist. Unlike most meme tokens, SHIB offers real-world utility through its integration with the Ethereum-based Shibarium Layer-2 network, designed to reduce transaction fees, enhance processing speeds, and improve scalability and privacy. Pepe ($PEPE): The Meme Coin Frog Eyes New Highs Pepe ($PEPE) has solidified its status as a dominant meme token, helped along by its viral cultural appeal and aggressive market trajectory. Inspired by Matt Furie’s iconic frog cartoon, $PEPE delivered extraordinary returns for its earliest adopters and now ranks among the top three meme coins, boasting a market cap of $4 billion. pic.twitter.com/jR6ycgAYjc — Elon Musk (@elonmusk) April 9, 2025 Since its April 2023 launch, the token has sparked a proliferation of imitators, though none have matched its viral momentum or market resilience. Even Elon Musk briefly used a Pepe-themed profile image on X (formerly Twitter), fueling its popularity further. Currently, $PEPE trades near $0.000009683 after rising 6% in price over the last seven days, outpacing gains by crypto titans like Dogecoin, Shiba Inu, Bitcoin, and Ethereum over the same period. At present, $PEPE is roughly 65.4% below its all-time high of $0.00002803 set in late 2024. Nevertheless, analysts are monitoring a falling wedge formation that emerged in Q1, a classic indicator of potential sharp upward reversals. Meanwhile, its Relative Strength Index (RSI) has dipped to 45, and if further selling drives it below 30 into oversold territory over the weekend, traders may seize the opportunity, placing upward pressure on its price. Should global geopolitical and economic conditions continue to stabilize, Pepe could be poised for another rally before summer draws to a close. Seeking the Next Big Altcoin? Snorter ($SNORT) Presale Introduces an Ambitious New Entrant Spotting emerging projects ahead of mass adoption remains a proven path to exceptional returns. While established altcoins maintain dominance, up-and-coming platforms are unlocking new growth avenues. One such newcomer is Snorter ($SNORT) , a hybrid meme coin and trading bot built on Solana, with plans for future multi-chain expansion. Operating natively within Telegram, Snorter equips users with real-time market insights directly within their chats. With ultra-low transaction fees of just 0.85%, Snorter undercuts competitors such as BonkBot, Maestro, and Trojan. Its offerings include limit-order sniping, copy trading, MEV-resistant swaps, and advanced anti-rug protocols, positioning it as a comprehensive trading solution. Investor interest is accelerating, with the ongoing presale raising over $1.5 million to date. Its staking program also offers yields reaching up to 231% APY, adding another incentive for early adopters. Whether you’re a seasoned crypto trader or exploring meme tokens for the first time, Snorter presents itself as a promising tool for navigating the rapidly evolving digital asset ecosystem. Keep up with Snorter on X , Instagram , or join the presale on the Snorter website . The post Crypto Price Prediction Today 4 July – XRP, Shiba Inu, Pepe appeared first on Cryptonews .
Bitcoin’s recent resistance near $110,000 has triggered a market reset, potentially paving the way for altcoins like BNB, SOL, LINK, and AAVE to gain momentum. Despite Bitcoin’s pullback, technical indicators
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Missed Solana’s 5400x rise? LILPEPE under $0.0015 could be the next breakout memecoin turning heads in 2025. With SOL’s blazing-fast, low-cost blockchain technology, it surged from just $0.05 in its seed phase to an eye-watering $260 at its peak, offering early backers a jaw-dropping 5400x return. But what if someone missed the Solana rocket? Don’t lose hope. Another contender is stirring up excitement and drawing attention fast. Meet Little Pepe (LILPEPE), a unique meme-fueled crypto gem that’s trading under $0.0015 and is being hailed as the next millionaire-maker. You might also like: 3 coins that could pull a Dogecoin-style rally and turn $300 into $60,000 by 2026 Little Pepe: The memecoin with bullish potential While thousands of tokens enter the market with bold promises and little substance, Little Pepe is standing out from the crowd, not just for its meme appeal but for its disruptive vision. LILPEPE is more than just another memecoin. It is the only project boldly declaring war against sniper bots, creating a fair and balanced trading environment for its community. On its upcoming Layer 2 chain, traditional unfair launch tactics employed by automated bots will not be effective. That’s a game-changer for both new and seasoned traders looking for clean, competitive entry points. And the market is responding. In the face of ongoing market volatility, LILPEPE’s presale is thriving. Currently in its fourth stage, priced attractively at $0.0013 per token, it has already raised over $3.06 million, with the third stage selling out quicker than expected. Traders are pivoting to Little Pepe in search of exponential returns, and many believe it’s just getting started. Little Pepe could outperform Solana’s early ROI Here’s the bullish pitch: LILPEPE is positioned for over 7000x returns in the next two months, according to projections and growing market sentiment. At its current price, even a modest $150 investment could potentially yield more than $1 million if the forecasts are realized. What gives Little Pepe such explosive potential? Several key factors: Strategic Backing by Anonymous Experts: Behind the scenes, LILPEPE is being supported by top-tier crypto veterans who have helped launch and scale some of the most successful memecoins in existence. Robust Roadmap: The project’s roadmap is more than just hype; it’s a strong plan that includes community-led governance and the introduction of its meme-powered Layer 2 chain. It’s innovation wrapped in fun and ease of use. The team says that LILPEPE is “cooking in the cryptowomb,” which means it is still in its early stages and has a lot of room to grow. Dedicated Community and Viral Potential: Top memecoins performed well in their early days when they had a strong culture and community surrounding them. A group of excited holders and social media fans is forming around LILPEPE, which is producing a viral effect that could potentially drive its value skyrocket as more people become aware of it. A community celebration: Win $77,000 in LILPEPE tokens To celebrate LILPEPE’s meteoric rise and the upcoming launch of its game-changing Layer 2 network, the team is giving back to its loyal community in a big way. Ten lucky winners will each receive a massive $77,000 in LILPEPE tokens, creating an instant opportunity for life-changing wealth, just for participating in the meme movement of the year. A new standard for memecoins Little Pepe isn’t just mimicking the success of past meme tokens; it’s rewriting the playbook. By combining meme culture with advanced blockchain features and real protection against trading manipulation, LILPEPE represents the next evolution in community-driven crypto. With the crypto world watching and the token still under $0.0015, the window for early adoption is closing fast. The presale stages are racing, and each new milestone brings LILPEPE closer to what could be one of the most profitable memecoin launches in history. The bottom line Those still kicking themselves for missing out on Solana ’s historic rise or wondering where the next massive crypto breakout could come from, Little Pepe may be the answer. With robust backing, a deflationary meme economy, real utility on the horizon, and an ever-growing army of supporters, LILPEPE is gearing up to make headlines and millionaires faster than any Layer 1 project ever has. Solana’s time has passed. LILPEPE’s time is now. Invest early. Hold tight. And get ready for liftoff. To learn more about Little Pepe, visit the website , Telegram , and X . Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Maple Finance price rose by 1.50% on Friday, as on-chain data showed that smart money investors were buying the recent dip. Maple Finance ( SYRUP ) token climbed to $0.5365, slightly above this week’s low of $0.4912. It has surged over 520% from its lowest point this year, bringing its market capitalization to $638 million. According to Nansen data, smart money investors have been accumulating SYRUP, indicating expectations of continued upside. These investors purchased tokens worth $3.13 million over the past seven days, making SYRUP the most bought token during this period. Tokens ranked by smart money buying | Source: Nansen Additional Nansen data shows that the top 100 addresses have increased their holdings by 10% in the last week, now totaling 1.07 billion tokens. Whale holdings also rose by 4% to 9.27 million, while the number of SYRUP tokens on exchanges dropped by 1.7% to 262 million. You might also like: Trump’s crypto project WLFI faces its first real decentralization stress test Whales and smart money investors are likely buying because of its ongoing growth . Data show that the total value locked jumped to $2.8 billion, up from $540 million as of January 1. Active loans on the platform now exceed $1.2 billion, while protocol revenue has surged. Maple Finance has already generated $4 million in revenue this year, well above the $2.5 million it earned for all of last year. In 2024, Maple generated slightly below $2.5M in protocol revenue in 12 months. We are already above $4M halfway through 2025. Accelerate. pic.twitter.com/m0Jm4BbMf4 — Maple (@maplefinance) July 2, 2025 SYRUP price technical analysis Maple chart | Source: crypto.news The daily chart shows that Maple Finance formed a double bottom at $0.089 in February and April. It broke above the neckline at $0.1930 in May and went parabolic as whales and smart money piled in. SYRUP has moved above the 50-day moving average and formed an ascending channel. Also, the Relative Strength Index and the MACD indicators have continued rising. Therefore, the coin will likely continue rising as bulls target the key resistance at $0.6575, its highest point this year. This price is about 22% above the current level. A move above that price will point to more gains to $1. You might also like: Why are Bitcoin and altcoins going down today?
The lucky solo Bitcoin miner processed a block with a reward of 3.137 BTC, or $349,028, late Thursday night.
In the rapidly evolving world of AI-powered tokens, two standouts are capturing attention: Render and FET . Both promise groundbreaking applications and innovative technology. This article delves into their unique features and potential, aiming to determine which token holds the key to future growth and industry dominance. Stay tuned to discover which project emerges as the frontrunner. RENDER Upbeat Rally Amid Lingering Downturn Signals Cautious Optimism RENDER past month figures show a notable drop of nearly 15%, while the past six months reveal a steep decline of over 58%. A recent weekly surge of around 9% provided a brief uplift, but overall performance remains weak. Price fluctuations have mirrored the technical indicators, with a neutral relative strength and slight negative momentum. The coin has faced persistent downward pressure despite short-lived recoveries, suggesting consistent struggles in maintaining momentum over a longer period. Currently, the coin trades in a range of about $2.49 to $4.06, with support at $1.77 and resistance at $4.91. Bears dominate as the price remains below the first resistance level, despite a recent weekly gain. The absence of a clear trend means price may continue to move within these bounds. Traders might consider buys near the support level, aiming for brief rallies toward the first resistance, while monitoring for breakthroughs. A secondary resistance at $6.49 could serve as a profit target, urging caution due to the overall negative performance. FET Price History Shows Sharp 6-Month Drop and Week Surge Over the past month, FET experienced a mild decline of nearly 7% while a remarkable 6-month drop of over 50% has marked its recent history. A short-term rebound of more than 10% over the past week underscores a volatile journey with rapid swings in performance. The coin’s values have traded in a range between $0.54 and $0.83, reflecting a narrower recent behavior amid broader downward pressure over the half-year. Indicators such as momentum and RSI around the mid-50 level suggest that despite the steep longer-term decline, some buyers have reentered the market, causing temporary upward movement. Current levels present a mixed market with clear areas to watch. Price action centers neatly between lower support near $0.39 and resistance at approximately $0.99, while a secondary setup unfolds between noted support at $0.09 and resistance near $1.29. The coin rests in a range that hints at indecision among traders. Recent technical indicators reflect a slight bullish impulse seen in the week’s surge, yet overall market sentiment remains cautious with lingering bearish echoes from the sustained long-term drop. Trading ideas could include approaching the current support as a potential entry point, while cautious profit-taking may be wise near resistance levels. Conclusion RENDER excels in providing efficient GPU rendering. It supports the growing demand for high-performance computing in visual effects and graphics. FET focuses on enhancing decentralized digital ecosystems. It aims to optimize communication and transactions between devices. Both projects have strong use cases. RENDER is vital for industries reliant on rendering capabilities. FET is essential for advancing automation and smart contracts. The choice depends on which area holds more significance for the future's technological landscape. Both are poised to make substantial contributions to different sectors. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin sold off near the $110,000 ceiling, but the price reset could give BNB, SOL, LINK and AAVE a chance to rally.
Rostec, a major Russian state-owned defense conglomerate, has found a way to bypass traditional banking systems. It has revealed its intention to introduce its RUBx stablecoin alongside RT-Pay, a specialized platform designed for cryptocurrency-based transactions. The RUBx token, which maintains a 1:1 peg to the Russian ruble , will function on the TRON blockchain network. In a July 3 company statement , Rostec indicated that both the stablecoin and RT-Pay platforms would function as secure payment mechanisms for commercial entities and retail users. Russia’s state-owned conglomerate Rostec plans to launch a fiat-backed stablecoin called RUBx later this year, built on the Tron blockchain. RUBx will be pegged 1:1 to the Russian ruble and aims to drive ruble digitization through the RT‑Pay payment platform.… — Wu Blockchain (@WuBlockchain) July 4, 2025 Why the RUBx Stablecoin Could ‘Kill SWIFT’ for Russian Payments Despite US Sanctions Rostec asserts that the platform operates in full compliance with Russian regulatory frameworks, including Central Bank requirements and anti-money laundering protocols designed to prevent terrorist financing. “ Each RUBx token is supported by genuine ruble-denominated obligations. This backing is legally secured. The token maintains a one-to-one ratio with the actual ruble. We plan to launch the system within this year, with Rostec acting as the primary operator ,” stated Rostec Deputy General Director Alexander Nazarov. Rostec has operated under comprehensive US sanctions since June 2022, implemented following Russia’s military invasion of Ukraine. These restrictions, enforced by multiple nations, including the United States and European Union, target Rostec’s subsidiary companies and affiliated entities. The sanctions seek to limit Russia’s military production capacity and its capabilities in weapons manufacturing. Industry observers have characterized the RUBx stablecoin initiative as Russia’s strategic attempt to circumvent SWIFT , the international financial messaging system supervised by G-10 central banks, including the United States. This interpretation gains credibility given that Russia’s Central Bank has explicitly stated in recent years that its primary objective in developing a digital ruble is to provide Russian corporations and financial institutions with “independence from SWIFT.” Russia’s ‘Crypto Shift’: State-owned Firms Use Blockchain To Beat Dollar Dominance Regarding the forthcoming RUBx stablecoin, Rostec confirmed that the RT-Pay platform will integrate with existing banking infrastructure, allowing digital payment processing and interaction with external cryptocurrency wallets and smart contracts. The RUBx token, built on Justin Sun’s TRON blockchain , will have its source code made publicly available on GitHub and undergo verification and security auditing by CertiK, an independent international blockchain security firm. Russia also appears to be increasingly embracing cryptocurrency as a method to circumvent international sanctions. Recently, the Russian Agricultural Bank (RusAg) announced it is collaborating with the Bank of Russia to assess digital asset-based payment solutions for grain export transactions. Russia is exploring ways to use cryptocurrencies to settle grain export payments, as the country looks to bypass Western sanctions. #Russia #Crypto https://t.co/zCSTnCTLEJ — Cryptonews.com (@cryptonews) June 2, 2025 Irina Zhachkina, RusAg’s First Deputy CEO, characterized cryptocurrencies as a “ practical alternative instrument ” for international payments, particularly as sanctions continue restricting Russia’s access to conventional financial systems. Russian grain exporters are facing mounting pressure from restrictions that affect logistics, shipping insurance, and access to the SWIFT banking network. These constraints have increasingly complicated Russian companies’ ability to conduct transactions in US dollars or euros. Both the RUBx stablecoin initiative and grain settlement mechanisms build upon Russia’s previous experience utilizing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) for oil trade settlements with China and India . China and Russia are reportedly using Bitcoin to settle energy trades, marking a significant shift in global trade dynamics and de-dollarization. #Bitcoin #Energy https://t.co/UVJDN4rZSv — Cryptonews.com (@cryptonews) April 10, 2025 State-owned enterprises are also simultaneously developing proprietary blockchain services. For example, in March, Gazprom, Russia’s majority-state-owned energy giant, launched a series of tradable blockchain-powered “digital financial assets” (DFAs) . Similarly, Rostelecom, Russia’s largest telecommunications and digital services provider, issued two proprietary DFAs on the Moscow Exchange earlier that month. Additionally, Russia appears to be leveraging cryptocurrency and Distributed Ledger Technology (DLT) as countermeasures against international sanctions. In May, Russian media outlet RBC reported that the central bank had established regulatory guidelines governing the use of cryptocurrency by Russian firms in international trade agreements. These regulations specify that digital currencies “must not be associated with securities issued by hostile issuers” and emphasize the necessity of engaging with projects that maintain a presence in “friendly countries.” The post Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin appeared first on Cryptonews .
Turkey’s financial regulator announced a ban on decentralized exchanges like PancakeSwap. On Friday, July 4, local media reported that Turkey’s Capital Markets Board (CMB) blocked access to PancakeSwap (CAKE) for the country’s citizens. Along with the DEX, the country also blocked access to the crypto comparison platform CryptoRadar. Authorities cited “unauthorized crypto asset service provision” as the reason for the ban, stating that the platforms did not have the required authorization to operate in the country. The decision was made under powers granted to the agency in 2024, when new legislation allowed the CMB to block foreign crypto service providers operating without a license. In March, the CMB introduced updated regulations on licensing and oversight of crypto asset service providers. The new rules mandated stricter transparency and reporting requirements, including the provision of monthly account statements for all customers. Platforms are also required to disclose details of all user transactions. Despite the crackdown, Turkey still permits regulated exchanges to operate. In March 2025, Turkish bank Bank Pozitif partnered with Taurus to launch a suite of crypto services. You might also like: Turkey to enforce stricter controls on crypto transactions to prevent money laundering Turkey tightens crypto legislation The PancakeSwap ban was the first time a decentralized exchange was targeted by enforcement. Previously, only centralized platforms, like Binance and FTX , were banned in the country. For this reason, other DEXs like Uniswap (UNI) , Raydium may be at risk. What is more, other crypto platforms, including DEX aggregators, analytics dashboards, etc, could also be banned. Interestingly, the enforcement came after significant crypto asset adoption in the country. Since 2022, Turkey has suffered from prolonged inflation . This has pushed many of its citizens to invest in crypto assets, which offered relative stability compared to the national currency. The scramble to invest in crypto assets also showed up in the country’s crypto stats. Notably, in June 2024, the Turkish lira became the third-largest fiat currency that was used in purchasing crypto, taking the Euro’s spot. Read more: The evolving crypto landscape in Türkiye: A strategic outlook | Opinion