Strategy’s recent acquisition of nearly 5,000 Bitcoin pushes its holdings to an unprecedented $64 billion, underscoring its position as the largest corporate Bitcoin holder globally. This bold move coincides with
According to an update from Ripple, the long-awaited XRPL EVM Sidechain is now live on mainnet. A few highlights of what this entails include: full EVM compatibility with Solidity, MetaMask, Hardhat, and more PoA consensus and more than 25 validators 3.4 seconds block time and over 1,000 TPS XRP as a native gas token Smart contract support via the Ethereum Virtual Machine Speaking on the matter was David Schwartz, CTO at Ripple and the co-creator of the XRP Ledger, who said : “The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM-based applications, while maintaining a connection to the XRPL’s efficiency. It extends the capabilities of the ecosystem without changing the fundamentals that make the XRPL reliable.” The post Breaking: Ripple’s XRPL EVM Sidechain Mainnet is Now Live appeared first on CryptoPotato .
With its latest purchase, Strategy now holds a staggering $64 billion worth of BTC, making it by far the world’s most aggressive corporate holder. But the real story isn’t just the size of its hoard, it’s the Russell Top 200 Value Index inclusion, marking perhaps the clearest sign yet that Wall Street views Bitcoin as a legitimate value asset. On June 30, Strategy announced the acquisition of 4,980 new Bitcoin ( BTC ) for approximately $531.9 million, paying an average of $106,801 per BTC. The purchase, executed as Bitcoin traded near all-time highs, brings the company’s total holdings to 597,325 BTC. Strategy’s Bitcoin treasury is worth roughly $42.4 billion at an average cost basis of $70,982 per coin, or $64.2 billion at the current price of $107,732 per BTC, according to crypto.news data. The move extends Strategy’s unbroken streak of aggressive Bitcoin acquisitions since August 2020, reinforcing its thesis that BTC serves as a superior treasury reserve asset. Year-to-date, the company’s Bitcoin holdings have generated a 19.7% yield, outpacing traditional equity benchmarks. Strategy has acquired 4,980 BTC for ~$531.9 million at ~$106,801 per bitcoin and has achieved BTC Yield of 19.7% YTD 2025. As of 6/29/2025, we hodl 597,325 $BTC acquired for ~$42.40 billion at ~$70,982 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/xvWnSkfukS — Michael Saylor (@saylor) June 30, 2025 The acquisition coincided with Strategy’s inclusion in the Russell Top 200 Value Index, a benchmark typically dominated by financials, energy giants, and consumer staples. Read more: Kazakhstan announces plans to establish a state crypto reserve Decoding Strategy’s Russell Top 200 Value Index inclusion According to index provider FTSE Russell, Strategy has been added to the Russell Top 200 Value Index, an exclusive club of large-cap U.S. companies traditionally defined by stable earnings, low price-to-book ratios, and reliable dividends. The inclusion is a watershed moment for Bitcoin’s maturation as an institutional asset, placing a company holding 597,325 BTC alongside blue-chip value stocks like Berkshire Hathaway, JPMorgan Chase, and ExxonMobil. The juxtaposition is jarring but telling. While these companies generate cash flows from tangible assets or services, Strategy’s value proposition hinges on a digital asset with no earnings, suggesting that in an era of fiscal uncertainty, Bitcoin’s programmatic scarcity is being priced like a hard asset. The index’s methodology, which prioritizes low P/E ratios and book value, makes Strategy’s inclusion even more striking. The company’s 19.7% BTC yield in 2025 likely offset concerns about its lack of conventional value metrics, signaling that scarcity itself is becoming a measurable financial primitive. The inclusion is also a litmus test for how Wall Street now views crypto-native treasury models. For years, critics dismissed corporate BTC treasuries as gimmicks. Now, with a 19.7% YTD yield and a seat at the value investing table, the argument is shifting. The question is no longer whether Bitcoin belongs on a balance sheet—but how many will follow Strategy’s lead. You might also like: Ethereum price outlook: ETH faces heavy volume wall range, rotation likley
The XRP Ledger has officially entered a new era. Peersyst Technology has announced that the long-awaited XRPL EVM Sidechain is now live on mainnet, marking a major leap forward in functionality, interoperability, and developer potential. This achievement follows more than three years of collaborative development with RippleX and brings Ethereum Virtual Machine (EVM) compatibility directly to the XRPL ecosystem. A Seamless Bridge Between XRP and Ethereum The XRPL EVM Sidechain integrates full support for Ethereum-based smart contracts, allowing developers to build and deploy decentralized applications (dApps) using familiar tools like MetaMask, Remix, and Truffle. Unlike Ethereum’s often congested and expensive environment, the XRPL EVM Sidechain offers faster finality, under four seconds, and extremely low transaction fees, making it an efficient alternative for developers. Underpinned by Proof-of-Authority (PoA) consensus and built with the Cosmos SDK and evmOS, the sidechain brings XRPL’s speed and scalability to the broader Web3 space. It enables the use of native XRP (wrapped as eXRP) as the gas token, linking XRP directly to EVM-compatible applications for the first time. It's TIME! We are proud to announce that the XRPL EVM Sidechain is now live on Mainnet! After 3+ years of research and development with @Ripple , the network is live providing native #XRP with unlimited new capacities to flow across the entire web3, deploy and interact… pic.twitter.com/ckoplQbnMK — Peersyst Technology (@Peersyst) June 30, 2025 Interoperability Achieved: Axelar Bridge Goes Live Coinciding with the launch of the sidechain is the activation of the Axelar bridge, the exclusive connection between the XRPL mainnet and its EVM counterpart. This bridge unlocks seamless, one-to-one asset transfers across more than 55 supported blockchains. Axelar’s decentralized infrastructure, powered by a network of 75 validators and enhanced by automatic key rotation, ensures high security and reliability. The decision to use a unified bridge infrastructure, rather than the earlier dual-layered XLS‑38 approach, simplifies the development process while improving user experience. Peersyst has praised Axelar’s readiness and robust performance as a critical factor in the success of this launch. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A Thriving Developer Ecosystem Developer interest is already strong. During the testnet phase, the XRPL EVM Sidechain handled over 280,000 transactions per day, with participation from 87 different teams, including many building on XRP for the first time. Peersyst hailed the testnet activity as “the biggest onboarding in XRP history.” Now live, the sidechain invites developers to deploy their protocols, list XRP, and expand the XRP Ledger’s presence across DeFi, NFTs, and real-world asset (RWA) sectors. As Peersyst emphasized, “It’s TIME!”—Day One marks the beginning of steady integration by wallets, infrastructure providers, and dApps. Looking Ahead This launch sets the stage for future enhancements to the XRP Ledger, including Smart Escrows and native Extensions, expected to enter devnet testing later in 2025. While the XLS-38 proposal remains under review, Ripple has signaled it will wait for clear developer demand before supporting mainnet integration. With EVM compatibility, fast execution, low fees, and secure cross-chain interoperability now live, the XRPL EVM Sidechain establishes XRP as a key player in the multi-chain future of Web3. As Peersyst and its partners have made clear, this is only the beginning. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Ledger EVM Sidechain Is Now Live appeared first on Times Tabloid .
On June 29, 2025, Bow Miner used a distributed mining machine with only 580 computing
This highlights XRP’s strategic role and growing dominance in South Korea’s crypto ecosystem. What's Fueling XRP’s Dominance in South Korea? Whale Accumulation & Reserve Shuffling Whale Alert reported a 30 million XRP ($95.5 M) transfer from Upbit to an unknown wallet — potentially a large investor moving tokens off-exchange for long-term holding, or routine hot/cold wallet management by Upbit itself. Upbit Holds the Majority of XRP Reserves Upbit now holds approximately twice the XRP reserves of Binance and accounts for roughly 14–17% of global XRP volume. Recent spikes saw XRP/KRW trades making up nearly 18% of Upbit’s total volume. “Kimchi Premium” and Local Demand South Korean crypto often trades at a premium due to capital controls and local demand shortages. This price gap — the so‑called “Kimchi Premium” — makes XRP attractive locally. Real-World Utility in Remittances South Korea’s domestic apps, such as Toss and KakaoPay, are efficient, but international transfers remain slow and costly. XRP & Ripple's cross-border solutions like Coinone’s Cross are filling this gap. A Unique Safe-Haven Asset Many Korean traders view XRP as an alternative to traditional finance, especially during political or banking stress. A recent analysis noted XRP’s trading volume surpassed Bitcoin by threefold during domestic turmoil. XRP Eyes a Breakout to $2.40 As XRP continues to call the shots in South Korea, the 4th-largest cryptocurrency based on market capitalization is gearing up for a bullish run to $2.40. Market analyst Lingrid pointed out , “XRP has rebounded off the support line after a sharp dip, reclaiming key territory above $2.10 and pressing against a descending trendline. Price action is tightening within a symmetrical triangle as bulls test breakout pressure. Sustained movement above $2.20 may confirm an upside breakout toward the $2.35–$2.40 region.” At the time of writing, XRP was trading at $2.18, illustrating that it’s just a stone’s throw away from the major resistance zone of $2.20. Therefore, time will tell how XRP shapes up in the short term. Why XRP's Adoption Is Skyrocketing with Over 7.1 Million Wallets Recorded XRP is witnessing a sharp surge in adoption, as evidenced by the growing number of wallets now surpassing 7.1 million. This milestone underscores increasing investor confidence, growing real-world utility, and a shift in institutional sentiment toward Ripple’s digital asset. A key driver behind this rapid adoption is XRP’s speed and cost-efficiency. With transaction times as low as 3-5 seconds and minimal fees, XRP has positioned itself as an ideal asset for cross-border payments. Financial institutions and remittance services globally are turning to RippleNet, Ripple’s payment network, which leverages XRP for on-demand liquidity (ODL). This infrastructure enables near-instant settlement without the need for pre-funded accounts, drastically reducing capital requirements for banks. Legal clarity in the United States has further accelerated XRP adoption. After a prolonged legal battle, a U.S. court ruled in 2023 that XRP is not a security when sold on exchanges This emerged as a landmark decision that unlocked new institutional partnerships and retail investor confidence. Exchanges that had previously delisted XRP began relisting it, fueling liquidity and market activity. Additionally, XRP’s integration into mainstream financial services and its role in decentralized finance (DeFi) have expanded its utility. Developers are actively building smart contracts and tokenized asset systems on the XRP Ledger using Hooks and sidechains. These innovations are attracting a new wave of builders and users to the ecosystem. The increase in XRP wallets also reflects broader global interest, particularly in regions like South Korea, where trading volume has spiked on platforms like Upbit. Retail interest is surging, with investors increasingly viewing XRP as a long-term digital asset rather than a speculative trade. Moreover, Ripple’s ongoing partnerships with central banks to explore CBDC (Central Bank Digital Currency) issuance using the XRP Ledger have helped legitimize its use case on a global scale. This blend of institutional use, technological advancement, and regulatory progress is creating a perfect storm for adoption. As the crypto landscape matures, XRP stands out for its utility-driven growth. The jump to over 7.1 million wallets is not just a number, it’s a reflection of a network gaining real traction across finance, remittances, and DeFi. With legal hurdles mostly behind it and global demand rising, such as swirling rumours of Amazon considering XRP payment s, XRP’s adoption curve may just be getting started. Conclusion The $95 million daily volume is not just another large trade, it’s a symbol of XRP's deepening integration into South Korea’s financial and crypto infrastructure. Furthermore, XRP exploding wallets to the tune of more than 7.1 million show that the altcoin’s adoption rate continues to gain steam. These bullish on-chain metrics show that XRP might be gearing up for a 2.40 breakout.
Solana experienced a significant rise, while Cardano struggled to gain momentum in Q2 2025. This analysis delves into the contrasting performances of these two prominent cryptocurrencies. Discover the reasons behind Solana's success and Cardano's challenges. Uncover which coins show promise for future growth and what lies ahead in the ever-evolving crypto market. Solana Price Action and Key Levels in a Dynamic Market Solana exhibited a month change of -2.68% and over the last six months it dropped by -19.51%. In the past week, the coin gained 15.59%, reflecting mixed performance that highlights short-term strength amid longer-term challenges. Price movements over these periods reveal varying market sentiment and an oscillating trend, which has kept traders alert to the need for cautious positioning. Solana currently trades in a range between $136 and $182.20, with the nearest resistance level at approximately $207.90 and a higher barrier around $253.93. The nearest support is positioned near $115.84, while a secondary support exists at $69.81. Technical indicators show a mixed picture. The awesome oscillator reading at -3.738 suggests some short-term weakness, while the momentum indicator at 12.14 points to potential price surges. The relative strength index of 52.75 indicates a balanced condition, leaving the market without a dominating force. Current price action does not establish a clear trend, prompting traders to watch key levels for potential breakouts or reversals. Cardano Price Dynamics: Recent Gains Amid Prolonged Downturn Cardano experienced a modest 5.72% weekly gain while enduring a 16.96% drop over the past month and a 32.11% decline within the last six months. The coin's movement reveals a history of short rallies against sustained downward pressure. Price swings have been notable within its trading range, indicating that while temporary recoveries occur, broader bearish trends persist over longer periods. Current trading sees Cardano priced between $0.5966 and $0.8186, with key levels marking its progress. The nearest support sits at $0.51, offering potential for short-term buying. A more critical support around $0.29 may come into focus if prices break lower. Resistance is at $0.95, with a second level at $1.17 that could cap upward moves. Indicators suggest that bears currently hold the advantage. Trading within these levels may offer buying opportunities near support, although caution is advised if further weakness appears. Conclusion In Q2 2025, Solana (SOL) experienced significant growth, capturing market attention and driving up its value. In contrast, Cardano (ADA) saw minimal movement and struggled to keep investor interest. The comparative performance highlights Solana's ability to innovate and attract development, while Cardano faced challenges in sustaining momentum. The contrasting trajectories of these coins underscore the dynamic nature of the market and the varying factors influencing success and stagnation. 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.
The post Ethereum Price Eyes $5K as Short Squeeze Looms: Analysts Predict Major Breakout appeared first on Coinpedia Fintech News As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the crucial $2,500 mark before stabilizing at $2,470. This upside coincides with an optimistic upgrade to Ethereum’s validator architecture. This is aimed at enhancing both security and decentralization, and to address ETH-staking problems by an “active-active” architecture. A key player in this transformation is Obol Labs, the upgrade would allow Ethereum validators to function across multiple operators and machines. That said, in the short term, as bullish sentiment grows, many analysts are making optimistic predictions for ETH more than ever. Notably, one of the prominent crypto analysts, Crypto Patel, recently suggested a breakout could propel Ethereum above $6,000. However, amidst this renewed optimism, some whales are offloading their ETH on exchanges like HTX, ByBit, and OKX. Additionally, bears are increasing their positions against ETH, reaching all-time highs on the CME. This current landscape presents a potential opportunity for a short squeeze, especially if these short positions face significant liquidation. Why A Short Squeeze Could Pump Ethereum Price To $5K According to Lookonchain data, a significant whale has been offloading ETH recently. Wallets 0x14e4 and 0x26Bb, likely belonging to the same entity, have unstaked and withdrawn a staggering 95,920 ETH, valued at approximately $237 million. A massive whale has been dumping $ETH recently! Wallets 0x14e4 and 0x26Bb (probably belong to the same whale) unstaked and withdrew 95,920 $ETH ($237M). They've deposited 62,289 $ETH ($154M) to exchanges like #HTX , #Bybit , and #OKX over the past 20 days and still hold 33,631… pic.twitter.com/4rTvRZO6Ja — Lookonchain (@lookonchain) June 30, 2025 In the past 20 days, this whale has deposited 62,289 ETH (around $154 million) into exchanges like HTX, Bybit, and OKX, while still holding onto 33,631 ETH, worth about $83 million. This activity clearly indicates that bear do not want ETH price to pump. However, amidst this bearish trend, the sentiment has shifted from pessimism to opportunistic. As an analyst has pointed out a potential short-squeeze situation, suggesting that the current market dynamics could favor a price rebound. He noted that Ethereum shorts on the CME have reached an all-time high, with bears attempting to halt ETH’s upward momentum. It seems that the pressure on Ethereum is being artificially intensified. Yet, the recent positive price action suggests that the market may be ready to turn the tables on these short positions. Bears are stacking up positions AGAINST $ETH just now that it started holding up better. The hate on Ethereum is just forced As usual, the market likes to screw the majority over. 'ETH to $5k in 2025' is even more certain with this move now MOST. HATED. RALLY. EVER. pic.twitter.com/CKLmm77mGZ — ALTSTEIN TRADE (@Altsteinn) June 29, 2025 The expert further mentioned that despite the bears stacking their positions to counter the ETH bullish wave, it is becoming increasingly clear that the Ethereum price could liquidate these shorts and reach $5,000 by 2025. The Longer It Coils, the Longer The ETH Price WIll Breakout The daily chart reveals that Ethereum’s price is hovering at a crucial juncture, near key EMA bands, including the 200-day, 50-day, and 20-day EMAs. While the price action on the daily chart clearly indicates two months characterized by range-bound movement. However, the longer this consolidation persists, the greater the potential of a significant breakout to come in ETH crypto. While technical metrics remain neutral, the MACD has recently turned bullish, forming a golden cross. As a result, the chances are much higher that the price surge seen in Q2 will continue, supported by a continuation pattern in play. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”Price Analysis” category_id=”6″] FAQs How much will 1 ETH be worth by the end of 2025? Some forecasts suggest ETH could reach a high of $5,925 by the end of 2025, with others predicting a range between $3,500 and $4,900, influenced by institutional adoption and scaling solutions. What is the Ethereum price forecast for 2030? Ethereum’s price forecast for 2030 ranges significantly. Some predictions suggest a high of $15,575 , while others are even more optimistic, with figures around $22,000 or higher, driven by continued ecosystem development, increased adoption in DeFi/Web3, and scalability improvements. How much is 1 Ethereum predicted to be worth in 2040? Some analysts suggest ETH could soar to $50,000–$100,000 , with some even indicating figures as high as $94,512 on average, assuming it becomes a crucial global financial infrastructure.
The listing of KNCH tokens on BitMart , LBank , and XT .com on June 30, 2025, is set to create a strong market activity resembling the initial exchange boom of MATIC. These listings will launch the trading pair KNCH/USDT with deposit opening at 10:00 UTC and trading begin at 14:00 UTC on the same day and withdrawal opening on July 1. The multi-exchange launch offers wide market access and liquidity which will pave way to more investor involvement and price discovery. Presale Stage 7: A Strategic Entry Point at $0.64 Kaanch Stage 7 presale came before the exchange launch, and it gave the investors a chance to purchase the tokens at a price of $0.64 per token, which was the last presale. This round was able to raise a total of more than 3.25 million, highlighting great confidence in the investor. The presale also included a live staking program with a 30 percent annual percentage yield (APY) that was appealing to the early holders to help the network grow and stabilize with a fixed total supply of 58 million tokens. Unrivaled Performance Fuels Kaanch’s Appeal Kaanch Network stands out because of its technical features in the industry, such as a 1.4 million transactions per second and a transaction finality time of 0.8 seconds. These attributes allow you to execute a trade and operate smart contracts instantly and efficiently. Moreover, the platform is very affordable to decentralized applications, micro-transactions, and payments due to near-zero gas fees. The network is composed of 3,600 decentralized nodes that are audited by SpyWolf and VerifyLab to make it more transparent and robust. Community Governance and Enterprise Integration In addition to technical expertise, Kaanch focuses on a community-based governance system that allows the token holders to participate in protocol governance through an open staking dashboard. The system architecture of the blockchain makes it easy to integrate with development and businesses to enable the tokenization of real-world assets and make transactions secure. This puts Kaanch as a scalable and enterprise-friendly platform that can be adopted by people in large numbers. Anticipating Market Impact Post-Listing The fixed listing price of around 30 on BitMart, LBank, and XT.com is also high as compared to the presale price, which implies that there is a chance of high price increase at its launch. This is similar to what occurred in the exchange listing pump of MATIC where access and good fundamentals came together to fuel market excitement. The presale investors, who joined the project at $0.64, will enjoy this bullish trend, which is backed by Kaanch strong infrastructure and expanding ecosystem. For more information about Kaanch Network ) visit the links below: Website: https://presale.kaanch.com/ Whitepaper: https://docs.kaanch.network/ Twitter/X: https://x.com/KaanchNetwork Telegram: https://t.me/kaanchnetwork Win 1M: https://presale.kaanch.com/win-1-million How to buy : https://presale.kaanch.com/how-to-buy 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.
BACKSEAT, a prominent Japanese cryptocurrency exchange operator, has successfully closed its seed funding round, securing a total of approximately US$9.69 million in cumulative financing. This capital injection is poised to