In just three weeks, SharpLink’s ETH-per-share exposure jumped from 2.00 to 2.37. Once known for sports betting tech, the company is now setting institutional benchmarks in crypto treasury management, staking every coin, tracking exposure, and raising the bar. In a press release dated July 8, Minneapolis-based iGaming giant SharpLink Gaming said it now holds 205,634 Ethereum ( ETH ) tokens on its balance sheet, after purchasing another 7,689 ETH in the first week of July at an average price of $2,501 per token. SharpLink’s aggressive crypto pivot earlier this year saw it acquire 176,270.69 ETH, worth approximately $463 million at the time, as part of its treasury transformation, a move that positioned the company as the world’s second-largest Ethereum holder, behind only the Ethereum Foundation. While this strategic shift mirrored a broader trend among public companies embracing crypto treasury strategies in 2025, SharpLink’s approach has been notably more comprehensive than that of most peers. Unlike companies that dabble in crypto as a speculative side bet, SharpLink has gone all-in—staking 100% of its holdings, optimizing yield through restaking, and introducing transparency metrics that give shareholders direct insight into its Ethereum exposure. You might also like: Tokenized gold breaks $19B in volume, rivaling major gold ETFs SharpLink’s ETH concentration metric SharpLink’s latest financial disclosures reveal the company’s new ETH Concentration metric, first introduced in June to track how many Ethereum tokens the company holds per 1,000 assumed diluted shares outstanding. While the metric sounds deceptively simple, its concept has weighty implications. Unlike traditional diluted share calculations that account for potential equity adjustments, SharpLink’s ETH Concentration metric takes a maximalist approach, counting all possible shares while excluding typical accounting caveats like vesting conditions or exercise prices. This creates what amounts to a worst-case scenario measurement, giving shareholders absolute clarity about their minimum ETH exposure per share. For a market still grappling with how to value crypto-heavy balance sheets, this level of transparency could become a new standard. As of July 4, SharpLink’s ETH concentration stood at 2.37 ETH per 1,000 shares, up from 2.00 in early June, representing a 19% jump in just three weeks. SharpLink’s shares jumped 26% to $15.93 following the announcement, reflecting approval of both the company’s $19.2 million ETH purchase last week and its plans to deploy another $37.2 million from a $64 million capital raise into additional Ethereum acquisitions. The market reaction suggests growing confidence in SharpLink’s dual approach: aggressive accumulation paired with full utilization of staking protocols. As Ethereum solidifies its position at the center of decentralized finance and institutional adoption, the company’s treasury strategy may well become less an outlier and more a template. For traditional investors still cautious about crypto, that could make all the difference. You might also like: PancakeSwap leads Binance Smart Chain revival amid soaring revenue and bullish chart setup
The post Eigen Labs Sends Home 25% of Its Employees to Focus on a16z-backed EigenCloud appeared first on Coinpedia Fintech News Eigen Labs, the blockchain company behind the EigenLayer (EIGEN) protocol that pioneered the crypto restaking feature on the Ethereum ( ETH ) network, has sent home 29 employees, which represents 25 percent of its workforce. The company made the strategic move to reorient and shift its focus to the research and development of EigenCloud. According to Sreeram Kannan, CEO of Eigen Labs, the impacted employees will be financially assisted to transition their careers. Moreover, the company raised more funds from a16z to restructure its business operations. “Restructuring our organization and saying goodbye to a number of our teammates, who have given so much to the project, is incredibly painful. This morning, I spoke with impacted team members, shared my immense gratitude for their contributions, and laid out how Eigen Labs is committed to supporting their next chapter with empathy, respect, and concrete resources,” Kannan noted. In mid-June 2025, a16z purchased an additional $70 million worth of EIGEN tokens to support the development of the EigenCloud product. The EigenCloud platform was developed on top of EigenLayer to offer a unified suite of services including off-chain computation, and data availability. EIGEN Price on the Rise Following the announcement, EIGEN price gained nearly 10 percent in the past 24 hours to trade about $1.16 on Tuesday, July 8, during the mid-North American session. The mid-cap altcoin, with a fully diluted valuation of about $2 billion, recorded a 36 percent rally in its daily average traded volume to about $63M. The strategic reorganization of the company’s structure and operations will play a crucial role in EIGEN’s price action in the mid and long term. From a technical analysis, EIGEN price has been attempting to regain bullish momentum after being trapped in multi-month correction year-to-date.
BioSig Technologies and Streamex are set to revolutionize the gold-backed asset market by raising up to $1.1 billion to launch a Solana-powered treasury management strategy. The collaboration aims to tokenize
Bitcoin’s recent price action is holding firm above the $108,000 level despite a string of minor pullbacks in recent trading sessions. Notably, CoinGecko data shows that the Bitcoin price has climbed to an intraday high of $109,116, but it wasn’t able to hold above and has retreated slightly lower at the time of writing. Volatility has been relatively subdued for Bitcoin above $106,000. However, Doctor Profit, a well-followed crypto analyst, believes Bitcoin is still in a bullish structure, and he outlined two likely paths for the next major move. Bull Flag And Breakout To $130,000 With Retest The first scenario outlined by Doctor Profit involves a breakout to a price level between $113,000 and $114,000, which would take Bitcoin to a new all-time high in the process. However, this all-time high would be very brief. According to this scenario, a sharp correction is expected to follow once Bitcoin reaches this range. Related Reading: Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins This correction will send the price back down into the $92,000 to $93,000 range to fill a CME gap and tap into a major liquidity pool. Rather than causing panic, the analyst views this move as part of a bullish continuation. This potential retracement zone is clearly marked on Doctor Profit’s daily candlestick chart with the message “Add more if market allows.” The pullback, if it happens, would serve to reset the market and initiate a bounce before Bitcoin resumes its upward trajectory to $120,000 again. Direct Rally To $120,000 Without Retest The second path skips the correction altogether. In this scenario, Bitcoin breaks through the flag resistance to rally past $113,000. From there, the scenario sees Bitcoin continuing upward without returning to the lower support zones. The move hinges on the ability of Bitcoin to gain momentum rapidly and lead to a strong push toward $120,000. Doctor Profit points out that this option is a more aggressive bullish continuation, and both scenarios are valid for bullish price targets in the long term. Related Reading: Bitcoin Price To See 52% Increase To $166,000, Analyst Reveals Tight Timeline He also debunked fears surrounding the sudden movement of a dormant Satoshi-era whale wallet containing 80,000 BTC. The analyst believes the transfer was likely an over-the-counter deal between a large private entity and an institution or government and not a sign of looming sell pressure. Volatility is going to be very low in the coming days, as there are no macro market events that can cause price volatility. FOMC meeting minutes are due Wednesday, and there are going to be US unemployment claims on Thursday, but both are low-volatility events. Nonetheless, the $113,000 to $114,000 price range is the most important level to watch in both scenarios. What follows from there, a sharp correction or a straight continuation, will define the speed of the next leg to $120,000. At the time of writing, Bitcoin is trading at $108,270. Featured image from Pixabay, chart from Tradingview.com
The investment banking arm of TD Bank believes the market cap of JPMorgan will soar to $1 trillion as it leverages artificial intelligence (AI). In a new CNBC interview, TD Cowen bank analyst Steven Alexopoulos says investors are currently positioning in tech stocks to capture the upside potential of AI. The analyst notes that investors are likely underexposed to stocks that he thinks will rally once AI becomes widely adopted for commercial use. “When you think about where we are right now with AI, we’re at the builder level. The focus is Nvidia, the focus is OpenAI, the builders. I believe we’re inside of two years, maybe one, where the focus will widen out from the builders to who is going to use this technology to unlock massive economic value. That’s exactly what we saw on the internet. As the internet was being built, the focus was on Cisco, IBM, and as the layer was built, it moved to Google with search and Amazon selling commerce. When you think about the S&P 493… You need to focus on sectors that are reliant on people, knowledge workers, that is what will be disrupted by artificial intelligence.” According to the TD Cowen analyst, banks are poised to be major beneficiaries of AI advancements, with JPMorgan expected to lead the charge. Alexopoulos says that while JPMorgan’s head of consumer banking, Marianne Lake, expects the division’s headcount to decline by about 10% over the next five years, he believes that projection is conservative and anticipates a 20% reduction instead. According to Alexopoulos, JPMorgan’s growth will continue despite the significant drop in employee count. “[JPMorgan] is only richly valued relative to history, and that history did not include the most transformational technology of our lifetimes. Banks will break to a new valuation paradigm… By the end of next year, [JPMorgan] will be a trillion-dollar market-cap company.” As of Monday’s close, JPMorgan’s market cap stands at $811 billion. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Will Become Trillion-Dollar Company Amid Adoption of ‘Most Transformational Technology,’ According to TD Cowen – Here’s When appeared first on The Daily Hodl .
In a groundbreaking development for digital asset integration, Aplus, a credit card service under the Shinsei Bank Group, has teamed up with SBI VC Trade to allow customers to redeem reward points for cryptocurrencies, including XRP. This marks the first time cryptocurrencies have been included in the Aplus Points program, signaling a new chapter for mainstream crypto adoption in Japan. Cryptocurrency Joins the Aplus Points Program Aplus cardholders can now convert their accumulated points into major digital assets: XRP, Bitcoin (BTC), and Ethereum (ETH). Until now, Aplus Points could only be exchanged for traditional rewards such as consumer goods, digital vouchers, cash equivalents, and mileage programs. For example, customers could transfer 1,000 points into All Nippon Airways (ANA) miles. The system is simple: users earn 1 Aplus Point for every ¥200 spent, and those who spend over ¥50,000 in a month receive a 0.5% bonus. Points are valid for two years from the month they are earned, giving customers a generous window for redemption. With this latest update, customers can now redeem 2,100 points for ¥2,000 worth of XRP, BTC, or ETH, providing an easy on-ramp for cardholders looking to enter the world of crypto through everyday spending. SBI VC Trade Leads the Integration This development is made possible through a partnership with SBI VC Trade, the digital asset exchange arm of SBI Holdings , one of Japan’s largest financial groups. The move underscores SBI’s ongoing commitment to expanding the utility of cryptocurrencies in Japan’s traditional financial systems. SBI’s relationship with Ripple has been particularly strong. When SBI VC Trade launched in 2018, XRP was the only available trading option on the platform. Since then, SBI has expanded its XRP-related offerings, including the introduction of XRP lending services earlier this year. Additionally, SBI Holdings has embraced blockchain-based innovations, launching non-fungible token (NFT) projects on the XRP Ledger (XRPL), further demonstrating its investment in Ripple’s ecosystem and its broader belief in Web3 infrastructure. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP’s Continued Momentum in Japan XRP’s inclusion in this cutting-edge reward program is yet another sign of its strong position in the Japanese market. Unlike in other regions where regulatory uncertainty has clouded the token’s future, Japan has maintained a clear, supportive stance, enabling XRP to flourish in both retail and institutional spaces. The fact that XRP is part of this initiative is no surprise. With deep-rooted ties to SBI Holdings and a solid foundation in Japan’s crypto landscape, XRP remains one of the country’s most widely accepted and actively promoted digital assets. A Glimpse Into the Future This integration could signal a broader trend in how traditional financial products engage with digital currencies. By allowing customers to passively gain exposure to cryptocurrencies through daily spending, Aplus and SBI VC Trade are bridging the gap between conventional finance and the decentralized future. If widely adopted, such models could revolutionize the way reward programs function, turning routine purchases into opportunities for investment in emerging technologies. The addition of XRP, alongside Bitcoin and Ethereum, to the Aplus Points program is more than just a new redemption option—it’s a clear indication of Japan’s forward-thinking approach to crypto adoption. Backed by the influential SBI Group and seamlessly integrated into an everyday financial tool, XRP continues to cement its role as a leader in Japan’s evolving digital finance ecosystem. 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 Wins Fresh Adoption In Japan appeared first on Times Tabloid .
Despite recent volatility and sharp pullbacks, XRP , the third-largest crypto asset, has strongly maintained its position above the $2 price mark. With multiple indicators flashing bullish signals, the altcoin’s ongoing upward action may extend toward higher price levels in the upcoming days. A Bullish Pattern Emerging On The XRP Chart XRP has regained upside traction as the asset saw a sudden bounce on Monday. Its sudden upsurge has drawn the attention of the market, with crypto analysts predicting an impending surge toward key resistance levels. After examining the current price action, Ali Martinez, a technical analyst and investor, has underscored the potential for XRP to surge in the upcoming days. Presently, the asset is capturing fresh attention in the crypto market as a compelling chart formation unfolds on the 1-hour time frame chart. Specifically, Ali Martinez highlighted that an Inverse Head and Shoulders pattern is emerging on the XRP’s chart, indicating a growing bullish momentum. With this pattern unfolding, it serves as a sign that the altcoin could be gearing up for a breakout move. An inverse head and shoulders formation is a technical chart pattern that is characterized by a lower trough as the head and two higher troughs as the shoulders. This technical pattern is considered a bullish structure that hints at a change in direction from the downside to the upside. According to the expert, the emergence of the inverse head and shoulders pattern is setting the stage for a potential bounce. Once the altcoin breaks out of the pattern, Martinez anticipates a push toward the $2.60 mark, positioned at the 1.618 Fibonacci level. While the experts foresee a bounce to the $2.60 zone, XRP is likely to witness several hurdles before rallying to this level. Looking at the chart shared by Martinez, the first key hurdle is the $2.45 range at the 1.272 fib level after a breakout occurs. If XRP surpasses this crucial level, the subsequent resistance is positioned at $2.50, with a fib of 1.414. Given that the current bullish market state persists, the token could break this level and finally hit the anticipated $2.560 target. Is The Current Surge The Beginning Of A Move To New Heights? Although XRP is witnessing brief upside actions, a massive rally may be imminent. Captain Faibik, a crypto analyst, has predicted a surge to a new all-time high as momentum builds. According to the expert, XRP’s price is on the verge of the next bullish rally, with a breakout in sight. Captain Faibik’s forecast is based on an impending breakout from a massive triangle pattern, which appears to have been visible since November last year. When this breakout from the triangle pattern takes place, Captain Faibik expects the altcoin to rally to uncharted territory, placing the next target at $4.60. The analyst believes this fresh price level could be attained in Q3, as the quarter is setting up to be “an absolute monster rally .”
The Altcoin Index says “not yet,” but the charts suggest something bigger is brewing.
Exploring the best digital coins to buy this month is a thrilling venture. Delving into emerging market trends and top cryptocurrency picks for July 2025, the article uncovers promising investment opportunities. Which cryptocurrencies are poised for substantial growth? Discover the hottest coins that could potentially offer significant returns in the coming weeks. Raydium Price Highlights: Past Trends and Current Key Levels Last month RAY showed a mild decline of -1.20% after a weekly gain of approximately 0.63%, reflecting sideways movement. In contrast, the six-month performance indicated a steep decline of -58.11%, marking a significant downward trend for the coin. These changes suggest a prolonged period of bearish sentiment outweighing any short-term gains, with market activity showing limited recovery momentum in recent weeks. Currently, Raydium trades in a range between $1.70 and $2.59. The nearest support at $1.27 offers a potential base should prices dip further, while secondary support near $0.39 provides additional cushion. On the upside, resistance is positioned at $3.05 and again at $3.94, where selling pressure may increase if a rally unfolds. Technical indicators show an RSI of 49.21, highlighting uncertainty among traders, suggesting neither buyers nor sellers have clear control. Traders might consider entering near support levels cautiously or waiting for a confirmed breakout above resistance to shift the balance in favor of bulls. Chainlink Market Overview: Recent Decline and Key Price Levels Chainlink has experienced a steady decline over the past month and half-year, with a nearly 4% drop in the last month and about a 35% decrease over the last six months. Prices have gradually fallen, with the recent pullback emphasizing a longer-term downtrend. The decline has highlighted a shift in performance, as buyers show caution while sellers capitalize on lower price levels. Data indicates weak trading sentiment, with price movements consolidating into a range reflecting investor hesitance. Overall, the market is still processing earlier downturns, with technical indicators providing mixed signals that keep investors alert to potential rebounds, while also cautioning about further declines. Chainlink is currently trading in a range between $11 and $15, with resistance levels at $18 and $23. Supports are noted at $8 and a deeper level near $4. The momentum indicator shows a slightly negative reading, while a nearly neutral oscillator and benign relative strength index suggest a balance between bulls and bears. Price action reveals no clear trend, as trading remains compressed within these technical boundaries. Traders can consider initiating positions near support levels, targeting small recoveries, but should stay vigilant and ready to step back if resistance poses a strong challenge, always keeping risk management in focus. Ondo Price Movement: Past Losses and Key Levels Ahead Ondo has faced a tough period with a nearly 7% drop over the last month and a steeper decline of over 40% in the past six months. A weekly bounce of around 1.20% briefly eased the pressure, though overall price action has been subdued. The downward drift shows a clear period of correction and market caution as traders react to persistent negative adjustments. Price swings have been notable but short-lived, reflecting ongoing uncertainty that has gradually reshaped market sentiment. The current trading range sits between $0.62 and $0.92, with immediate resistance at $1.07 and a higher cap near $1.37. Support is found at $0.47 and further below at $0.17. Indicators are near balanced with an RSI around 48.87, suggesting the market is neither overbought nor oversold. Bears currently dominate with a subtle bearish outlook. Traders should watch for a breakout above $1.07 to spark a recovery, while remaining cautious near support areas. Monitoring price movement within these levels may reveal strategic entry and exit points. Conclusion July 2025 presents an exciting time for crypto investors. Coins like RAY , LINK , and ONDO stand out as solid options. Each offers unique advantages and potential for growth. RAY shows promise in decentralized finance. LINK continues to secure its role in smart contracts. ONDO offers intriguing investment returns. Diversifying into these coins could be a strategic move for anyone aiming to maximize returns. 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.
In a week filled with optimistic news, lots of attention may be on Solana (SOL) as it teases a potential 200% price rally fueled by the recent launch of staking ETF, but a lesser-known coin, Mutuum Finance (MUTM) , is quietly stealing the spotlight. MUTM has sold more than 60% of presale stage 5 at $0.03. MUTM has mobilized in excess of $11.9 million and has attracted over 12,800 investors. While SOL’s momentum underscores the renewed interest in blue-chip cryptocurrencies, it’s MUTM that could redefine the narrative, with projections pointing toward a staggering 2,000% surge to $1.2 post launch. Solana Eyes 200% Rally as Staking ETF Boosts Momentum Solana (SOL) is receiving new buzz with the launch of the EX Shares and Osprey Funds staking ETF, which may become a significant driving force behind the future price increases within the next few months. SOL, which is now trading at $146.90, has exhibited a positive trend as it recovers its bottom in a range that is being tracked by analysts in between $158 to $165. Bullish momentum may remain on track and, as institutional interest heightens, some suggest that, eventually, Solana could reach the levels between $180 and $200, or, in other words, potentially double its recent lows. Although SOL is still one of the most closely followed large-cap altcoins over the summer, there is another potentially more popular project in the presale status that has been attracting the attention of traders: Mutuum Finance. Mutuum Finance Stage 5 Presale Goes Parabolic Mutuum Finance (MUTM) is picking up some serious traction as it soars in Stage 5 of its presale. With more than 12,800 early adopters and well over $11.9 million in funds raised, the project is taking giant strides as a major player in the DeFi. Mutuum Finance, in its plans to build more on its DeFi, is launching a fully collateralized USD-backed stablecoin on the Ethereum blockchain. In contrast to highly risk-exposed algorithmic stablecoins, this token has been designed in such a manner that it will guarantee its value even during market volatility. The project itself is about integrity and security. Mutuum Finance platform is already audited by CertiK as well, which once again shows team dedication to transparency, reliability, and sustainability. Mutuum Finance also introduced Bug Bounty Program with CertiK, where a reward of 50,000 USDT is offered. The bounty comes in four categories, namely the critical, major, minor, and low. This will level out all the tiers of vulnerability and reward it alike. Early Backer Incentives In appreciation of the presale mania and as a token of appreciation to early adopters, Mutuum Finance (MUTM) will distribute a $100,000 giveaway . Ten such winners will receive $10,000 worth of MUTM tokens for being part of the early backers of the project. With the community growing exponentially, the early backers are being rewarded, not only with possible future gain, but with real, present-time rewards. Mutuum Finance’s Dual-Lending Model Mutuum Finance (MUTM) is designed as a hybrid lending platform that will serve the active as well as passive DeFi users. Users can earn passive income by lending their USDT via smart contracts pools which provide stable passive income in the project’s Peer-to-Contract (P2C) lending mechanism. In addition, the Peer-to-Peer (P2P) model permits lenders and borrowers to be as engaged as they could ever be in reciprocating terms of a transaction and do not require a third party to act on their behalf. The paradigm is more prevalent for the clients of less secure assets. While Solana targets a 200% rally, Mutuum Finance (MUTM) is eyeing a massive 2,000% surge. With $11.9M+ raised, 12,800+ investors, and Stage 5 over 60% sold, momentum is building fast. Join the presale now before the price climbs. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance