An anticipated token sale for PMP FUN, a Solana-based memecoin launchpad, has been abruptly removed from the cryptocurrency exchange Gate.io, sparking widespread confusion and speculation within the crypto community. The planned sale, which aimed to raise a significant amount of capital, has now been shrouded in uncertainty due to a lack of clear communication from … Continue reading "Solana-Based PMP FUN Token Sale Pulled from Gate.io Amid Confusion" The post Solana-Based PMP FUN Token Sale Pulled from Gate.io Amid Confusion appeared first on Cryptoknowmics-Crypto News and Media Platform .
Japanese Bitcoin investment giant Metaplanet, which has been continuously increasing its BTC holdings, has seen a significant rise in stock trading volume in June. According to Reuters , Metaplanet’s trading volume rose to 1.86 trillion yen ($12.87 billion) in June. Tokyo Stock Exchange data shows that the numbers are nearly double the 997.6 billion yen ($6.82 billion) in May. The firm’s June trading volume surpassed that of Toyota Motor and Sony Group on the prime market, while the top spot was taken by Advantest. Further, the company has been maintaining its top position since November last year, the report added. The hotelier-turned Bitcoin acquisition company is currently the world’s fifth-largest corporate buyer of Bitcoin. Metaplanet’s Tokyo-listed shares have surged more than 345% this year, after it made a “strategic pivot” to become a Bitcoin treasury firm in 2024. ロイター報道：メタプラネット、6月の売買代金は1.86兆円でスタンダード市場首位。トヨタやソニーなどプライム市場の大型株を上回る取引規模に。 pic.twitter.com/Bv12J2BbuY — Simon Gerovich (@gerovich) July 8, 2025 Japanese Bond Market Chaos: Investors Turn to Metaplanet Due to Transparency Per Metaplanet’s website , the company now holds 15,555 Bitcoin worth $1.69 billion at press time. With Japan’s 30-year government bond prices dropping 45% since 2019, investors are increasingly looking into Metaplanet as a Bitcoin proxy, due to the instability in fixed-income markets. Analysts noted that despite the rally, the company’s market net asset value (mNAV) is reasonable and has room to grow. Additionally, Metaplanet has been transparent in providing Proof of Reserves for its Bitcoin holdings, unlike its peers. The company CEO, Simon Gerovich, has publicly released on-chain verification of the company’s BTC assets. This comes in contrast with the largest BTC corporate holder, Strategy’s CEO, Michael Saylor, who recently called on-chain proof-of-reserves a “bad idea” that could pose security threats. On Monday, Metaplanet announced a 2,205 Bitcoin acquisition , the latest purchase in its aggressive accumulation strategy. Since early 2025, the company has expanded its Bitcoin holdings from just 4,000 BTC in March to over 15,500 BTC in July, a fourfold increase in its position in just four months. Crypto Community Raise Concerns Over Corporate BTC Treasury Strategy However, there is skepticism among the community around the sustainability of the growing Bitcoin treasury trend. Matthew Sigel, head of digital asset research at VanEck, noted that BTC holding firms may have shaky ground , as rising threats might erode shareholder value. VanEck exec @matthew_sigel warns Bitcoin treasury strategies could backfire, as firms nearing NAV risk eroding shareholder value through continued BTC accumulation. #VanEck #BitcoinTreasury https://t.co/jEINL4NuxY — Cryptonews.com (@cryptonews) June 16, 2025 Besides, Glassnode lead analyst James Check, raised concerns over the longevity of the corporate Bitcoin treasury strategy. He argues that these firms have “a far shorter lifespan than most expect.” “It’s about how serious & sustainable your product & Strategy is to sustain the accumulation,” he wrote on X last week. The post Metaplanet Tops Tokyo Standard Market With $12.87B in June Trading Volume appeared first on Cryptonews .
Coinbase’s nonprofit advocacy arm, Stand With Crypto, linked with 65 other crypto organizations to send a letter to Congress urging them to swiftly pass the Digital Asset Market Structure Clarity Act (CLARITY Act). The legislation aims to settle long-standing regulatory uncertainty by assigning primary oversight of digital assets to the Commodity Futures Trading Commission (CFTC). At the same time, the Securities and Exchange Commission (SEC) would oversee digital assets classified as securities. This dual-framework approach eliminates years of ambiguity and jurisdictional conflict burdening the crypto industry. The letter urged politicians not to play politics but to concentrate on the long-term gains that the adoption of blockchain technology holds. “We know that there have been efforts to politicize crypto legislation, but with crypto drastically reshaping the global economy, the US risks falling behind unless we adopt pro-crypto policies that fully embrace blockchain technology,” it said. Crypto industry rallies behind CLARITY Act as US risks losing global edge The coalition of companies behind the letter, which includes some of the biggest names in the non-fungible token (NFT) business, like OpenSea and Dapper Labs, contends that its leadership in digital assets is dwindling at a high velocity. The absence of a consistent, national crypto framework drives startups, devs, and investors out of the US into countries with clearer and more embracing rules. The groups warned that failure to take action and ongoing uncertainty could endanger America’s economic future. They emphasized in the letter that the industry requires a reliable market structure to attract talent and drive innovation. They argued that without such a framework, the United States risked losing the benefits of blockchain technology and digital finance. The industry itself is extremely cyclical, with the super major oil and gas companies bouncing up and down in the markets over the years, and the CLARITY Act certainly provides stability, they argue. It would also clarify how different digital assets are treated under US law, allowing companies to build and grow here confidently. It would also enable regulators to regulate the industry without hampering innovation. House Republican leaders said July 14 would be “Crypto Week,” a special week for concentrated legislative work. While in session, members of Congress will look to hold discussions and consider the CLARITY Act, as well as two other marquee bills in the form of the GENIUS Act and the Anti-CBDC Surveillance State Act. The GENIUS Act, which sets stablecoin rules, has already cleared the Senate. President Donald Trump publicly backed the bill and urged lawmakers to pass it before the August recess. The Anti-CBDC bill, on the other hand, would prevent a US central bank digital currency from being formed. The GENIUS Act may be the first to reach a vote, but the CLARITY Act isn’t far behind. It was approved by the House Financial Services Committee and the Agriculture Committee on June 10 and is awaiting a full House vote. If approved, it will head to the Senate, where Banking Committee Chair Senator Tim Scott reportedly stated that he would like to pass a crypto market bill in September. Democrats slam CLARITY Act as a ‘crypto con’ tied to Trump’s business interest The CLARITY Act is gaining traction despite strong opposition from Democrats. Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, has criticized the bill as rushed and irresponsible, warning that it would weaken oversight of high-risk digital asset activities and open the door to potential abuse. Waters has also raised concerns about the growing entanglement between Donald Trump’s financial interests and federal crypto policy . She dubbed the bill “Trump’s crypto con,” pointing to the president’s expanding footprint in the digital asset space, including trading platforms, a stablecoin, a mining company, NFTs, and other token ventures, estimated to have brought in at least $620 million. This has led to concerns among Democrats that recent bills around crypto could have more to do with lining their own pockets than with the public interest. Democrats fear that recent crypto legislation may be more about personal gain than sound policy, sparking deeper concerns about conflicts of interest and the true motivations behind the push. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
XRP experienced a spectacular rise and controversial price suppression in 2017. CoinMarketCap's actions caused ripple effects in the market dynamics. Continue Reading: XRP Astounds with Explosive Growth and Controversial Market Dynamics The post XRP Astounds with Explosive Growth and Controversial Market Dynamics appeared first on COINTURK NEWS .
BTC Inc. has officially launched Chairman’s Circle, an exclusive tier within its Bitcoin for Corporations initiative, aimed at empowering corporate leaders to integrate Bitcoin strategically into their treasury operations. Murano
Bitcoin Layer2 Stacks and Wormhole have formalized a strategic partnership aimed at advancing the multi-chain deployment of sBTC, a synthetic Bitcoin token. This collaboration leverages Stacks’ innovative Layer2 protocol, which
In a new projection shaking up digital asset discussions, ChatGPT has outlined a scenario where Ethereum (ETH) reaches $18,500 and Little Pepe (LILPEPE) hits $3—if Bitcoin (BTC) rises to $300,000. This forecast ties together market momentum, investor psychology, and broader adoption patterns within the cryptocurrency space. As Bitcoin continues to be the dominant force in the market, speculation grows regarding its long-term price potential. One prediction suggests that a major Bitcoin rally could ignite large-cap and meme-based altcoins alike. Ethereum's Potential at $18,500: Market Factors and Network Strength Ethereum remains one of the most widely adopted innovative contract platforms. Its position as the leading Layer 1 network for decentralized applications, NFTs, and DeFi supports ongoing demand for ETH. If Bitcoin were to climb to $300,000, market analysts expect Ethereum to follow closely due to historical correlations and investor rotations from Bitcoin profits into altcoins. Ethereum’s ecosystem strength lies in its network effect. The Ethereum Virtual Machine (EVM) supports a broad range of applications across finance, gaming, and social platforms. Upgrades like the Merge and ongoing scalability improvements through Layer 2 solutions continue to enhance its efficiency. If institutional investment increases alongside a Bitcoin surge, ETH could benefit from capital inflows and renewed developer interest. Little Pepe's $3 Projection: Meme Utility Meets Layer 2 Technology The forecast also placed the meme-inspired token, Little Pepe (LILPEPE), at $3, presenting a dramatic rise from its current presale value of $0.0013. Little Pepe distinguishes itself from other meme coins by building on an Ethereum-compatible Layer 2 network that prioritizes speed and low fees. Its $LILPEPE token functions as a utility asset, supporting staking, transaction fees, and ecosystem activity. For LILPEPE to reach $3, several market conditions must align. One critical factor would be a surge in user adoption fueled by community growth, influencer promotion, and viral interest across social media. Moreover, if Layer 2 usage expands in applications like gaming and microtransactions, demand for efficient platforms like Little Pepe could rise substantially. Currently in Stage 4 of its presale, Little Pepe has already raised over $3.41 million by selling over 2.93 billion tokens, signaling strong investor confidence. Stage 1 launched on June 10 at a price of $0.001 per token and saw 500 million tokens sold, raising $500,000 within just 72 hours. Stage 2 followed with tokens priced at $0.0011, selling 1.167 billion tokens and raising $1.325 million ahead of schedule. The momentum carried into Stage 3, where tokens were offered at $0.0012—over 2 billion tokens were sold, bringing total funds raised to more than $2.5 million. Now in Stage 4 at $0.0013, Little Pepe is closing in on its $4.475 million presale hard cap. The meme coin also allows purchases through Ethereum (ETH), Tether (USDT), and card payments. This accessibility, along with its focus on zero taxes and high transaction speeds, adds to its appeal as a scalable and user-friendly alternative in the meme coin space. Conditions Required for a $300,000 Bitcoin and Its Impact on Altcoins The prediction centers on Bitcoin reaching $300,000, a level far above its current price. To get such a target, global macroeconomic conditions would need to favor risk assets. This scenario may include lower interest rates, increased inflation hedging, or rising institutional investment in digital assets. Capital inflows could also be achieved by spot Bitcoin ETFs, growth in corporate holdings, and the embrace of sovereign funds. In the past, altcoins followed the rise of Bitcoin when Bitcoin was experiencing a rally. This trend is referred to as altcoin season, with retail and institutional investors spreading investments across the board and generally gaining huge appreciation in the prices of smaller investments. In this regard, Ethereum and LILPEPE can also gain more attention, particularly if their utility and ecosystems are extended further. The movement of Bitcoin is usually a signal in the market. If the $300,000 target comes true, the total sum of all the crypto market caps would be higher than $10 trillion. In this environment, Ethereum can gain a larger share of this market, and well-utilized meme coins such as LILPEPE can do better because of speculative and viral marketing. Conclusion Ethereum's speculations at 18500 and Little Pepe's at three are based on the most optimistic view of Bitcoin. Although a hypothetical situation, it shows the level of interconnectedness that cryptocurrency markets find themselves in. When Bitcoin goes to new highs, Ethereum and tokens based on memes that have actual use might gain tremendously. Investors and analysts will still pay attention to the events occurring in macroeconomics, technological innovation (in blockchain), and regulatory policy to determine how probable a future it may be. For More Details About Little PEPE, Visit The Below Link: Website: https://littlepepe.com 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.
The post WazirX News: Singapore Court Hearing Set for July 15, Reserve Date July 16 appeared first on Coinpedia Fintech News WazirX recently shared an important update on its ongoing legal process in Singapore on the proposed scheme of arrangement. It filed its affidavit on July 4, 2025, as directed by the Singapore Court. The next hearing for arguments is set for July 15 at 7:30 AM IST, with July 16 reserved if needed. Update on Proposed Scheme of Arrangement As directed by the Singapore Court, we have filed the affidavit on 4 July 2025. As announced earlier, the hearing for further arguments in SUM 940 and OA 1284 is scheduled for 15 July 2025 at 7:30 AM IST (10:00 AM SGT), with a reserve… pic.twitter.com/OvslxnthDc — WazirX: India Ka Bitcoin Exchange (@WazirXIndia) July 7, 2025 Community Still Waiting for Justice However, frustration is building in the community. Users note that it has been a year with no refunds and no clear answers, and now the exchange is demanding a potential re-vote. With the next hearing on July 15, many are asking: When will they finally get their tokens back? July 18 marks one year since the big hack. A year later, victims are still stuck in the same place they started and are waiting, with no resolution in sight. Recently, just days before the July 18 hack anniversary, a user Romy Johnson filed a fiery 40-page affidavit demanding the return of unhacked funds. He accuses the company of hiding a Panama shell entity and shifting asset classifications. The key question now is whether this serves justice or if there is more courtroom drama ahead. Will Justice Be Delayed For Everyone? However, one user warns that the affidavit could yet again delay the WazirX Fund Recovery. He warns that this move could derail the entire recovery plan, which is designed to treat all users, hacked and unhacked, fairly. If approved, it risks leaving 45% of users with hacked funds waiting even longer. Thread: One affidavit could delay your #WazirX fund — again. With just days left before final court hearing on July 17, Romy Johnson has filed a last-minute affidavit asking to release only unhacked tokens. This move could sabotage everyone’s recovery. Here's how 1/ pic.twitter.com/7EPatopOS2 — A͛mol (@AmolJagde) July 6, 2025 Previously, a similar affidavit had delayed the process back in April. This may repeat, and thousands of users could be set back once again. If the court rejects the scheme due to this new affidavit, no one gets anything, not even those with unhacked tokens. Although the motion claims to support users, it risks delaying fund recovery and creating division within the community. He suggests that if the intention is truly to help, then collaboration should be the way forward. He further added that the court must prioritize a fair resolution for all users, ensuring unity and timely recovery of the funds.
The 65,141% hike meant 1.007 billion Shiba Inu tokens were burnt in just 24 hours.
Strategy (previously MicroStrategy), the Bitcoin proxy firm co-founded by Bitcoin bull Michael Saylor, has made headlines once again on Monday, but not for its usual Bitcoin acquisitions, but for its notable absence of purchases during the week of June 30 to July 6. This marks the first time since late March that the largest corporate holder of BTC has not added to its impressive treasury, which currently stands at 597,325 Bitcoin, valued at approximately $64.71 billion. Strategy Bitcoin Investment Hits A Pause The lack of activity in Bitcoin acquisitions is surprising, especially given Strategy’s aggressive purchases over the past few months. These purchases have brought the company close to holding nearly 3% of the cryptocurrency’s total supply. From April 7 through June 29, the company invested $6.77 billion in acquiring 69,140 BTC, averaging about $97,906 per coin. At current market prices, these investments have appreciated by 10.4%, now worth around $7.49 billion. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 In terms of trading, Strategy’s stock (trading on the Nasdaq under the ticker symbol MSTR) saw a slight decline of 0.7% during morning trading hours, which is in line with the 0.8% drop in Bitcoin prices. As of this writing, MSTR closed the day at $395. This highlights the close relationship between the company’s performance and the volatility of the cryptocurrency market. However, the company’s stock has enjoyed a rise of 38.5% in 2025, outpacing BTC’s 16.1% increase and the S&P 500’s modest gain of 6.1%. Up To $4.2 Billion For Future BTC Investments In addition to this pause in BTC purchases, Strategy did not issue any new common or preferred shares during the specified week. However, the company announced a sales agreement to potentially issue and sell up to $4.2 billion in 10% preferred stock. According to Monday’s press release on the matter by the Bitcoin proxy firm, the proceeds from this sales agreement are earmarked for general corporate purposes, which include future BTC acquisitions and working capital needs. Related Reading: Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target The new preferred stock, known as Series A Perpetual Stride Preferred Stock, will be sold in a “disciplined manner,” taking market conditions into account, highlighting the firm’s ongoing commitment to leveraging its financial strategies to enhance its BTC holdings, even as it temporarily steps back from direct purchases. At the time of writing, BTC is trading at $107,855, marking a 1.5% decline within the last 24 hours, increasing the gap between the current price and its record by 3.5%. This follows a failed attempt last week to overcome the cryptocurrency’s most significant resistance level of $110,000 and establish a new all-time high above its current record of $111,800. Featured image from DALL-E, chart from TradingView.com