The XRP price has bounced by 2.5% in the past 24 hours, rising to $2.34 as the crypto market as a whole drops by the same percentage today. XRP is now up by 6.5% in the past week and by 7% in the past fortnight, with the altcoin also sitting on a 435% increase over the last 12 months. This is impressive performance, but some traders are expecting the coin to do even better things in the coming months, with one analyst on X – Charting Guy – pointing out that XRP’s chart this year is replicating the patterns of 2017/18. This was when XRP reached a record high of $3.40, and given the alt’s fundamentals and Ripple’s growth this year, there’s every chance that it could hit a new ATH by the winter. XRP Price Prediction: Analyst Spots 2017 Setup on XRP Chart – New All-Time High Could Be Days Away This week, the aforementioned Charting Guy posted a chart which superimposed XRP’s 2017/18 price action onto its performance over the previous year. The overlap is considerable, with the recent highs in December and January lining up with the highs in December 2017 and January 2018. $XRPBTC 2017 fractal zoomed in literally couldn’t be more accurate got the December high and January high TO THE EXACT DAY, let’s see how these next few months go (fractal is about timing, direction, and structure, not exact price) https://t.co/04PjMGJxsz pic.twitter.com/FA6cdD6eJY — Charting Guy (@ChartingGuy) July 6, 2025 However, the XRP price suffered a big drop in August 2018, before rebounding into September. And while XRP did recover in September 2018, we should note that the chart above is for XRP-Bitcoin, and not for XRP-USD (which witnessed continued declines after September’s rebound). As such, Charting Guy’s parallels aren’t perhaps helpful for the present day, which differs from 2018 in that cryptocurrency adoption has increased considerably. This means that we could expect the XRP price to recover in the later months of the year, perhaps after the US has sorted out its ongoing tariff issues with the rest of the world. Source: TradingView If we look at its chart today, we see that XRP is already beginning to recover some lost momentum. Perhaps most notably, it has broken through the pennant its highs and lows had formed over the past six months or so, a sign that it may now be pushing on to a new, higher level. We also see its RSI (yellow) climbing to 60 and moving upwards, while its MACD (orange, blue) has just turned positive for the first time since late May. These are all positive signs, and they suggest that the XRP price could hit $2.50 again in the next few weeks, before plowing on to $3 by Q4. And if the final quarter of the year does witness XRP ETF approvals , then the coin could pass $3.50. Bitcoin Hyper Raises $2.1 For BTC Layer-Two Network: Is This the Best New Platform of 2025? While XRP looks ready to do good things later this year, many traders may want to diversify into newer coins, so as to increase their exposure to potential upside. There’s no shortage of new, high-potential coins at the moment, with some of the most promising examples being presale coins. One of the most interesting of these is Bitcoin Hyper (HYPER), an ERC-20 crypto that has now raised just over $2.1 million in its ICO. Bitcoin Hyper is in the process of developing its own layer-two network for Bitcoin, which perhaps explains why so many investors are rushing to join its presale. As an L2, Bitcoin Hyper will provide much lower transaction fees and much higher throughput than users would get from Bitcoin itself. It provides instant bridging to and from its parent chain, with deposited BTC being converted into an ERC equivalent for use on Bitcoin Hyper’s network. Its network will be compatible with Solana Virtual Machine (SVM), giving it a high level of performance and compatibility. As for its native HYPER token, it will be necessary to pay for its transaction fees, while holders will also be able to stake it for passive income. With over 13,000 followers on X , Bitcoin Hyper is already proving popular, with investors able to join its presale by going to the Bitcoin Hyper website . HYPER currently costs $0.0122, although this will rise again in just under two days. The post XRP Price Prediction: Analyst Spots 2017 Setup on XRP Chart – New All-Time High Could Be Days Away appeared first on Cryptonews .
Key takeaways : DOGE price may reach $0.29772 by the end of 2025. By 2028, DOGE may potentially achieve a peak price of $0.793921. By 2031, DOGE might touch $1.29 with an average trading price of $1.24. Propelled by a dedicated community of part-time developers and enthusiastic internet supporters, Dogecoin is poised for significant growth in the coming years. Despite relying on borrowed code due to limited resources, its popularity continues to soar, with tens of thousands of social media followers advocating for supply limitations. Having touched its ATH at $0.7376, will DOGE reach $1? Let’s get into the Dogecoin price prediction and technical analysis. Overview Cryptocurrency Dogecoin Token DOGE Price $ 0.172 (+2.24%) Market Cap $25.94B Trading Volume (24-hour) $950.03M Circulating Supply 150.02B DOGE All-time High $0.7376 May 07, 2021 All-time Low $0.00008547 May 07, 2015 24-hour High $0.1745 24-hour Low $0.1689 Dogecoin price prediction: Technical analysis Volatility 6.08% 50-Day SMA 0.188187 14-Day RSI 49.83 Sentiment Bearish Fear & Greed Index 66 (Greed) Green Days 15/30 (50%) 200-Day SMA 0.179393 Dogecoin price analysis: DOGE at $0.172 following a swift recovery TL;DR Breakdown : Dogecoin price analysis confirmed an uptrend as the price increased to $0.172. Cryptocurrency gains 2.24% of its value. DOGE coin faces resistance around $0.175. On July 9, 2025, Dogecoin price analysis revealed an increasing trend for the meme coin. The coin’s price recovered to $0.172 in the past 24 hours. From an overall observation, the currency gained 2.24 percent today. Support appeared when the coin dived to $0.170, as buyers stepped in to provide support, and the price has now been increasing again, reaching $0.172. Dogecoin 1-day price chart analysis The one-day price chart of Dogecoin confirmed a bullish trend in the market. The cryptocurrency’s value has stepped up to $0.172 today. A green candlestick on the price chart signifies renewed buying activities. The coin gained significant value yesterday, and now the bullish momentum seems to be on the go. DOGE/USD 1-day Price Chart. Source: TradingView The distance between the Bollinger bands defines the volatility. This distance is shrinking, leading to low volatility levels. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $0.175, whereas its lower limit, serving as the support, has moved to $0.153. The Relative Strength Index (RSI) indicator is near the middle of the neutral area. The indicator’s value has increased to 51.38 in the past 24 hours. The ascending curve on the RSI graph signifies rising bullish strength. If buying activities continue to accelerate, the RSI level might keep heading above the centerline. DOGE/USD 4-hour price analysis The four-hour price chart of Dogecoin confirmed a bearish trend in the market. The DOGE/USD price has been facing decreasing volatility toward the $0.173 level on an hourly basis. The decreasing volatility signals a lower chance of a trend reversal and less price oscillation in the coming hours. However, buyers are still holding the DOGE price above $0.170. DOGE/USD 4-hour price chart. Source: TradingView The Bollinger Bands are slowly converging, leading to decreasing volatility. This low volatility signifies lower market unpredictability. Moving ahead, the upper Bollinger band has shifted to $0.174, indicating the resistance point. Conversely, the lower Bollinger band has moved to $0.165, showing the support point. The RSI indicator is trending downwards in the neutral region. Its value has decreased to 60.80 in the past four hours. This situation hints at a dominance by the sellers, and further depreciation does not seem possible, as the price has already fluctuated in both directions during the past few hours and has since settled at the current level due to decreased volatility. Dogecoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.165542 BUY SMA 5 0.171406 BUY SMA 10 0.168689 BUY SMA 21 0.16574 BUY SMA 50 0.188187 SELL SMA 100 0.185964 SELL SMA 200 0.179393 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.171893 BUY EMA 5 0.176785 SELL EMA 10 0.178893 SELL EMA 21 0.178119 SELL EMA 50 0.192239 SELL EMA 100 0.220458 SELL EMA 200 0.228326 SELL What can you expect from the DOGE price analysis next? Dogecoin price analysis gives a bullish prediction regarding the ongoing market events. The coin’s value has increased to a high of $0.172 in the past 24 hours. If buyers maintain their momentum, DOGE’s price might trigger further gains and head toward $0.175. However, a lack of buying interest at the current levels might trigger some selling pressure, which could present slight losses for intraday traders. Is DOGE a good investment? Dogecoin has strong potential for growth due to its high adoption and strong community. However, DOGE is highly volatile and its unlimited supply raises questions about its future price. Social media news and trends also highly affect the meme coin, so diversification and research are advised. The coin is expected to touch the $0.463121 level by 2026. Why is DOGE up? DOGE’s price increased to $0.172 over the last 24 hours as bullish momentum continued around immediate support channels. Moreover, buyers are currently dominating the price action. What is the expected value of Dogecoin in 2025? Dogecoin is expected to trade at an average price of $0.2481 in 2025. Will DOGE reach $0.50? If the broader cryptocurrency market turns bullish, DOGE will join the rally. As a meme coin, it runs mostly on positive speculation. It’s expected that the coin will touch this level by March 2027. Will DOGE reach $1? Considering Dogecoin’s current value, $1 is still a far-reaching target. However, robust community support for this meme coin can push it to $1 by 2030. Will DOGE hit $10? Despite the risk involved with meme-based crypto pairs like Dogecoin, they can still shoot up on positive momentum. However, the market speculates that DOGE cannot reach the $10 level in the foreseeable future. How much is $500 worth of Dogecoin right now? $500 is worth nearly 3,015.42 DOGE in July; however, this amount changes based on day-to-day price fluctuations. Does DOGE have a good long-term future? Most well-known altcoins are trading at lower levels, but looking at DOGE, it’s trading above its average price of the last two years. Currently, the coin is trading below the year’s peak price of $0.414, which was observed on January 17, 2025, but the trend is expected to change, and a positive outbreak can be expected. The DOGE/USD pair is expected to reach the $1.29 mark by 2031, so holding it for longer can be beneficial. Recent news/opinion on Dogecoin Bitwise Asset Management filed an amended S-1 registration for a Dogecoin ETF on June 26, 2025. This time, Bitwise included in-kind creation and redemption mechanisms, meaning that authorized participants would be able to exchange ETF shares directly for Dogecoin (and vice versa) rather than requiring cash conversions. Bitwise originally filed for the Dogecoin ETF in January 2025, but previously, the SEC delayed its review of Bitwise’s Dogecoin ETF, citing market risks and investor protection. See the S-1 revision filing here . The U.S. Securities and Exchange Commission has delayed its decision on crypto exchange-traded funds linked to Dogecoin. The agency’s filings list three affected products, including the Grayscale Dogecoin Trust, and have asked for public comments on the product. Read more about it here . Dogecoin price prediction July 2025 In July 2025, DOGE could maintain a trading range of $0.112 to $0.210, with an average price of $0.168. DOGE price prediction Minimum price Average price Maximum price DOGE price prediction July 2025 $0.112 $0.168 $0.210 Dogecoin price prediction 2025 In 2025, DOGE could maintain a trading range of $0.11960 to $0.29772, with an average price of $0.2481. DOGE price prediction Minimum price Average price Maximum price DOGE price prediction 2025 $0.11960 $0.2481 $0.29772 Dogecoin price predictions 2026 – 2031 Year Minimum price Average price Maximum price 2026 $0.363881 $0.413501 $0.463121 2027 $0.529281 $0.578901 $0.628521 2028 $0.694681 $0.744301 $0.793921 2029 $0.860081 $0.909701 $0.959322 2030 $1.03 $1.08 $1.12 2031 $1.19 $1.24 $1.29 Dogecoin price prediction 2026 Dogecoin’s forecast for 2026 presents an optimistic outlook for the coin. Traders can expect a maximum price of $0.463121, an average trading price of $0.413501, and a minimum price of $0.363881. Dogecoin price prediction 2027 In 2027, DOGE could reach a maximum price of $0.628521, an average trading price of $0.578901, and a minimum price of $0.529281, which is quite higher than the current Dogecoin price. Dogecoin price prediction 2028 According to the Dogecoin price forecast for 2028, traders can expect a maximum price of $0.793921, an average trading price of $0.744301, and a minimum price of $0.694681. Dogecoin price prediction 2029 Dogecoin’s forecast for 2029 presents a positive outlook for the memecoin. The maximum expected price is $0.959322, with an average trading price of $0.909701. The predicted minimum price for Dogecoin is $0.860081. Dogecoin price prediction 2030 According to the Dogecoin price forecast for 2030, traders and investors can anticipate a maximum market value of $1.12, a minimum price of $1.03, and an average trading price of $1.08. Dogecoin price prediction 2031 According to the Dogecoin price forecast for 2031, traders can expect minimum and maximum prices of $1.19 and $1.29 and an expected average DOGE price of $1.24. Dogecoin price prediction 2025-2031 Dogecoin market price prediction: Analysts’ DOGE price forecast Firm Name 2025 2026 DigitalCoinPrice $0.36 $0.42 CoinPedia $0.39 $3.98 Cryptopolitan’s Dogecoin (DOGE) price prediction Cryptopolitan’s Dogecoin price predictions for 2025 suggest a minimum of $0.11960, an average of $0.2481, and a maximum of $0.29772. Our analysis shows that DOGE could cross $1.29 by 2031. Dogecoin historic price sentiment DOGE price history 2013 was the beginning of Dogecoin, and it surged to $0.0004 in the first days of trading. By March 2014, the coin attempted a breach of $0.001 but failed, closing the year at $0.0001. In the subsequent years, Dogecoin faced immense competition from new coins, including Stellar, Neo, and Monero, which dragged the coin’s price further down. According to the Dogecoin price history, it traded in a strict range of $0.002 to $0.0036 for most of 2019. In January 2021, DOGE saw significant gains, closing the month at $0.037. Subsequently, Dogecoin attained an ATH of $0.7376 on May 8, 2021, but lost 76% of its value, closing the year at $0.1703. In 2022, Dogecoin maintained an average market price of about $0.07. The coin began trading around $0.08 in 2023 and closed the year at $0.08955. In 2024, Dogecoin (DOGE) began consolidating around $0.08, surged above $0.2 during March’s bull run, fluctuated between $0.1011 and $0.1759 through mid-year, spiked to $0.4312 in November, and ended the year at $0.314. In January 2025, DOGE clocked the highest price of $0.41; however, after shedding 38% value, it stepped down to $0.258 in February. In March, DOGE’s value decreased further as it dipped to the $0.20 range, and April saw the lowest DOGE price of $0.142. However, in May, the meme coin recovered back to the $0.249 mark, following some improvement. Near the start of July 2025, Dogecoin is trending near the $0.165 level.
Cronos (CRO), the native token of the Crypto.com blockchain, surged nearly 18% to $0.095 Wednesday following news that it could be included in a new exchange-traded fund (ETF) backed by Trump Media & Technology Group. The proposed ETF, which is awaiting approval from the U.S. Securities and Exchange Commission, would track a basket of five cryptocurrencies: bitcoin (BTC), ether (ETH), solana (SOL), XRP (XRP) and cronos (CRO). If approved, CRO would make up 5% of the fund’s weighting—its smallest component, but still a notable addition for a token that’s rarely featured in major institutional products. That news sent CRO soaring from about $0.08 Tuesday morning, outpacing the broader crypto market. The CoinDesk 20 Index, which tracks the top digital assets, rose just 2.8% over the same period. While the bump is significant, CRO remains a shadow of its former self. The token peaked at $0.69 in November 2021 during the last bull market. It saw a short-lived revival in December 2024, rising to $0.21 amid a market rally that followed Donald Trump’s election to a second term. That rally, however, faded fast. The ETF development has brought new attention to CRO, a token that powers Crypto.com’s ecosystem including its exchange and payments app. Still, the token has a long climb to reach its former highs. Traders appear to be reacting to the possibility of increased institutional exposure, but the SEC has yet to approve the fund. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Bitcoin Cash (BCH) has been in an uptrend recently, and a 112% weekly surge in whale accumulation stands as a vote of confidence from smart money, adding merit that the near-term Bitcoin Cash price outlook could outpace Bitcoin itself. The altcoin has notched a 70% gain over the past 3 months in a sustained uptrend since the mid-April market bottom, while most have since seen momentum stall with macro FUD. Now, with Trump’s tariff letters reopening trade negotiations ahead of the extended August 1 “Liberation Day” pause deadline, new macro uncertainty could see BCH outperform once again. BREAKING: President Trump sends out more “tariff letters” with the following tariff rates announced today: 1. Cambodia: 36% 2. Thailand: 36% 3. Bangladesh: 35% 4. Serbia: 35% 5. Indonesia: 32% 6. Bosnia: 30% 7. Tunisia: 25% 8. Japan: 25% 9. South Korea: 25% These tariffs are… — The Kobeissi Letter (@KobeissiLetter) July 7, 2025 Still, with the market pricing in expectations of 0.25%–1% rate cuts starting as early as July, macro FUD could give way to risk-on sentiment. Speculation Outpaces Fundamentals: Is Confidence in BCH Misplaced? On July 4, analytics firm IntoTheBlock reported a 122.45% increase in large whale transactions involving over $100,000 in BCH, totaling $482 million—a clear sign of accumulation. Coinglass data also shows BCH Open Interest has soared to levels unseen since its mid-2024 run to $690, climbing 167% since the mid-April market bottom to hit $503 million. BCH Open Interest mirrors mid-2024 run. Source: Coinglass. Speculators are increasingly active in BCH price moves, but a negative funding rate of -0.009% signals growing demand for short positions—traders are betting on a price decline. This bearish sentiment reflects weak on-chain fundamentals. Daily active BCH addresses have hit a six-year low, underscoring that the recent rally is being driven more by speculation than real network adoption. With over 81% of Bitcoin Cash holders in profit, this speculative environment raises the risk of a sell-off and the formation of a local top if traders move to realise gains. Bitcoin Cash Price Analysis: Can BCH Continue to Outpace the Market? While Bitcoin Cash remains far from flipping Bitcoin in market cap, the formation of a 15-month falling wedge could set the stage for mid-term outperformance. BCH now approaches a key confluence zone where an ascending channel forming since the mid-April market bottom meets the wedge’s resistance—a potential breakout setup. BCH / USDT 1-week chart, 15-month falling wedge pattern. Source: TradingView, Binance. In this bullish scenario, immediate resistance at $530 stands as the gateway to a projected technical target of $990, representing a 96% upside in line with the 2.618 Fibonacci extension. However, momentum indicators urge caution. The RSI is nearing the overbought threshold at 65—a push above 70 could invite selling pressure as buyers risk exhaustion. Meanwhile, the MACD line—while still positive—shows weak demand as it moves in close parallel with the signal line, raising the risk of a bearish crossover if bulls lose control. If the breakout fails, a corrective move could see Bitcoin Cash fall back to retest lower supports, with the worst-case scenario pointing to a 50% drop toward the mid-April bottom at $246. More likely support may be found around the 0.5 Fibbonnaci level—a common bottom marker for corrections—around $388. As several top-ranking altcoins eye fundamental catalysts—most notably multiple spot ETF decisions expected by year-end—resilience to macro FUD alone may not be enough to keep Bitcoin Cash in the spotlight. Bloomberg ETF analysts updated their latest odds of approval for crypto spot ETFs with Baskets/Index funds, #Litecoin still leading the pack at 90% chance of approval for a spot ETF pic.twitter.com/wl6QZGj6dQ — Litecoin Foundation (@LTCFoundation) June 11, 2025 Why More Traders Are Switching to This Smarter Crypto Wallet After the FTX crash wiped out billions, the next crypto boom is all about staying in control of your money. Best Wallet ($BEST) is built for that future. It gives you everything you need to buy, hold, and trade crypto safely—without relying on risky exchanges. But it’s more than just a wallet. With features like Upcoming Tokens , it helps you spot hidden gems early, before the rest of the market catches on. You’re not just storing crypto. You’re getting ahead of the curve. Alpha doesn’t wait. Neither should you. Upcoming Tokens in Best Wallet puts early-stage projects in your hands. 1⃣ See what’s trending before the crowd 2⃣ Learn about each project with in-app info 3⃣ Buy and track your tokens all in one place Download Best Wallet today!… pic.twitter.com/SQofs9A6Na — Best Wallet (@BestWalletHQ) July 1, 2025 This utility extends to TradFi with Best Card, replacing the traditional debit card. It allows seamless real-world transactions using stablecoins anywhere that Mastercard is accepted. This vision has already attracted over $13.7 million in initial funding for its $BEST utility token. Its app is already featured on Google Play and the App Store. To learn more about Best Wallet, follow its official X , Telegram , or visit the Best Wallet website . The post Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? appeared first on Cryptonews .
Solana (SOL) has reached a pivotal milestone as Bullish, a major institutional crypto exchange, transitions its entire infrastructure to the Solana blockchain, leveraging Solana-native stablecoins. This strategic migration underscores Solana’s
Bitcoin exchange-traded funds (ETFs) locked in another green day with $80 million in net inflows, as Blackrock’s IBIT continued to dominate. Ether ETFs also maintained their upward trend, pulling in $46.63 million and pushing net assets just over $11 billion. Bitcoin ETFs Extend Green Streak As Ether ETFs Hit $11 Billion in Net Assets Investor
Eric Trump, son of President Donald Trump, is set to make headlines next month when speaking at the Bitcoin Asia 2025 conference in Hong Kong, amid the presidential family’s growing interest in digital assets. This event aims to establish the city as a leading hub for digital assets, competing directly with the United States. Under President Trump’s second administration, the United States has made considerable progress in regulating the growth of the crypto market. A Rising Advocate For Bitcoin And Digital Assets In his address, Eric Trump will reportedly explore the long-term potential of Bitcoin, its implications for global finance, and the role Asia plays in shaping the future of Bitcoin adoption, announced by BTC Inc, the organization behind the conference. Bitcoin Asia is the regional edition of the Bitcoin Conference, one of the largest cryptocurrency events worldwide. The conference made its debut in Hong Kong last May, coinciding with the city’s efforts to cultivate its digital asset sector. Eric Trump, who co-founded the Bitcoin-mining venture American Bitcoin and is involved in the Trump family-backed initiative World Liberty Financial (WLFI), has been recognized as a prominent advocate for the industry on the international stage. Hong Kong Aims For Crypto Dominance Trump’s participation comes at a pivotal time as Hong Kong intensifies its campaign to become a global leader in digital assets . This ambition aligns with the US government’s goal—during his father’s administration—to establish America as the “crypto capital of the planet.” In June, Hong Kong released its “Policy Statement 2.0 on the Development of Digital Assets,” which builds on a blueprint issued in late 2022. This policy outlines the city’s commitment to enhancing its digital asset infrastructure and achieving “new heights of global digital asset leadership.” The competition for a first-mover advantage in the digital asset space is heating up, particularly as both Hong Kong and the US advance towards the legalization of stablecoins. US crypto investors are awaiting the approval of bills such as the GENIUS Act and the CLARITY Act by the House. These bills have already secured Senate approval and are awaiting the next move from the House of Representatives before Trump’s signature. Last year’s Bitcoin Asia conference attracted over 5,500 participants at the Kai Tak Cruise Terminal, with about half of the attendees coming from mainland China. This year, the event is scheduled to take place at the Convention and Exhibition Centre in Wan Chai on August 28 and 29. When writing, Bitcoin trades at $108,370, down just 3% from its all-time high of $111,800 reached during May’s bullish rally for the crypto market. Featured image from NBC, chart from TradingView.com
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Vitalik Buterin's New Proposal Seeks 16.7M Gas Cap on Ethereum to Rein In Transaction Bloat Jack Dorsey Unveils Bitchat: Offline, Encrypted Messaging Inspired by Bitcoin Volkswagen ADMT Taps Solana-Based Hivemapper Bee Maps for Driverless Data Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud Unknown block type "divider", specify a component for it in the `components.types` option Network News NEW ETHEREUM PROPOSAL FROM VITALIK BUTERIN: A new Ethereum proposal , co-authored by Vitalik Buterin and Toni Wahrstaetter, aims to impose a hard cap on the maximum gas a transaction can consume in a move developers say could strengthen network stability and make the chain more viable for certain applications. The proposal, EIP-7983, suggests limiting individual transactions to 16,777,216 gas (2²⁴) — a sharp change from the current design, which technically allows a single transaction to consume the gas allocation of an entire block. As a design choice, that introduces several performance and security challenges. When a single transaction consumes nearly all the available gas, it disrupts the distribution of workloads across the network and tends to make block execution less efficient. So the proposed cap is expected to simplify engineering challenges and aligns with Ethereum's shift toward modularity, though it may require splitting large transactions. — Shaurya Malwa Read more . JACK DORSEY UNVEILS BITCHAT WHITEPAPER : Jack Dorsey, founder of Twitter (now X) and fintech company Block (SQ), published a whitepaper for Bitchat, a decentralized messaging protocol that enables fully encrypted communication without the internet. Bitchat would operate over Bluetooth Low Energy (BLE), allowing nearby devices to form a mesh network that relays messages hop-by-hop, according to the whitepaper . When a message is sent, it would travel across nearby devices acting as temporary nodes until it reaches its recipient, making it resilient in offline or censored environments. While not making explicit references to Bitcoin, the cryptocurrency or the blockchain, Dorsey describes Bitchat as a "decentralized, peer-to-peer messaging application," evoking connections to the Bitcoin whitepaper's intro in which it was described as a "peer-to-peer version of electronic cash." — Jamie Crawley Read more . SOLANA HIVEMAPPER AND VOLKSWAGEN TEAM UP : Volkswagen ADMT, the carmaker’s autonomous-vehicle testing subsidiary, tapped Hivemapper’s Bee Maps to support its self-driving operations with real-time mapping data. Street-level imagery collected by Bee Maps contributors using Hivemapper cameras will be used to help validate Volkswagen’s self-driving technology in an effort to boost the curbside precision of autonomous pick-ups and drop-offs, a Bee Maps spokesperson told CoinDesk. The deal highlights the growing adoption of crowdsourced geospatial data as autonomous ride-sharing firms look for more precise, up-to-date mapping infrastructure. It also showcases the growth of decentralized physical infrastructure networks (DePIN), which use blockchain incentives to crowdsource real-world data collection. Hivemapper is one of the best-known DePIN projects in the Solana ecosystem. According to the Wall Street Journal , Volkswagen’s autonomous driving unit has been testing its ‘Robotaxi’ fleet in recent months. In April, the company also announced a partnership with Uber to launch the service in U.S. markets, with pilot operations set for late 2025 and a wider rollout planned for 2026. — Margaux Nijkerk Read more . EIGENLABS LAYS OFF STAFF AMID RESTRUCTURE: Eigen Labs, the main developer firm behind restaking protocol EigenLayer, cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud , which he called a “verifiable” alternative to existing, opaque cloud services. The Seattle-based startup said the dismissals were not a cash-crunch response. The news comes as the firm has dealt with its fair share of blowback, from not having certain key mechanisms in place at the launch of its main product, to having leading Ethereum Foundation figures receive big payouts for advisory roles. EigenLayer was once one of the buzziest projects in crypto, reaching $20 billion i n total value locked in June 2024 . It now has $12 billion. — Francisco Rodrigues Read more . Unknown block type "divider", specify a component for it in the `components.types` option In Other News Bit Digital (BTBT) is now the owner of more than 100,000 ether (ETH) after swapping out its bitcoin stack along with a $172 million capital raise for even more of the world's second-largest crypto. From a holding of 24,434 ETH as of the end of March, Bit Digital now has some 100,603 ETH ($189.2 million) making it one of the largest corporate ETH holders, the company said . Bit Digital revealed its plans to focus solely on ETH staking last month in a move that wasn't entirely unexpected given the more challenging environment bitcoin miners have experienced since last year's halving . — Jamie Crawley Read more . U.S. President Donald Trump’s Media & Technology Group (NASDAQ: DJT) filed to list a crypto exchange-traded fund (ETF) that would track a selection of digital assets, the latest in a string of such efforts tied to the Trump brand. The proposed "Truth Social Crypto Blue Chip ETF" would hold a portfolio of five tokens: bitcoin (BTC), ether (ETH), solana (SOL), XRP (XRP) and cronos (CRO), according to a filing with the SEC . Eighty-five percent of the fund’s holdings would be split between bitcoin and ether. Solana would make up 8%, cronos 5% and XRP 2%. — Helene Braun Read more . Unknown block type "divider", specify a component for it in the `components.types` option Regulatory and Policy The U.S. Treasury Department’s Office of Foreign Asset Control’s (OFAC) sanctions against privacy tool Tornado Cash cannot be discussed at the upcoming trial of developer Roman Storm, a federal judge ruled. At a status conference in Manhattan on Tuesday, District Judge Katherine Polk Failla initially waffled on whether she would allow expert witnesses to testify about the sanctions, which were first imposed in August 2022, removed this March and subsequently found illegal by a Texas court. After hearing arguments from both prosecution and defense, Failla decided to grant Storm’s motion in limine moving to prohibit testimony about the sanctions entirely, arguing that it would simply be too confusing for a jury to do what she described as the “mental gymnastics” of understanding why the sanctions were imposed and ultimately removed. — Cheyenne Ligon Read more . The U.S. Department of Justice (DOJ) charged two individuals for their role in OmegaPro, a crypto and investment Ponzi scheme that defrauded investors of over $650 million. Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who led OmegaPro’s operations in Latin America and some parts of the U.S., were charged on conspiracy to commit wire fraud and money laundering, according to documents published . OmegaPro was an international investment scheme that collapsed in 2022. In 2024, Andreas Szakacs, the co-founder of the scheme, was arrested in Turkey for his involvement with OmegaPro. — Parikshit Mishra Read more . Unknown block type "divider", specify a component for it in the `components.types` option Calendar July 16-18: Web3 Summit , Berlin Sept. 22-28: Korea Blockchain Week , Seoul Oct. 1-2: Token2049 , Singapore Nov. 17-22: Devconnect , Buenos Aires Dec. 11-13: Solana Breakpoint , Abu Dhabi Feb. 10-12, 2026: Consensus , Hong Kong May 5-7, 2026: Consensus , Miami
Bitcoin stabilizes near $109,000 as markets await Fed's interest rate decision. Gold's decline signals increased risk appetite, hinting at potential altcoin rise. Continue Reading: Markets React as Fed Holds Interest Rates The post Markets React as Fed Holds Interest Rates appeared first on COINTURK NEWS .
Polygon is set to run its most complex hard fork to date on Thursday. To enhance its backbone, it will add a new consensus layer called Heimdall 2.0 to its proof-of-stake (PoS) blockchain. In an X post, Polygon Foundation CEO Sandeep Nailwal said , “This is the most technically complex hard-fork Polygon PoS has seen since its launch in 2020.” The upgrade is also expected to replace legacy components dating back to 2018 and 2019 with newer infrastructure. The upgrade follows a change in Polygon Foundation’s leadership structure from decentralized governance to having Polygon co-founder Sandeep Nailwal assume complete executive control. After which, Nailwal said it was time for Polygon to move faster and more aggressively with full conviction and focus. The upgrade shortens the finality to about five seconds The new update will reduce the blockchain’s finality to about five seconds and minimize the chance of chain reorganizations beyond two blocks. This will allow the network to be more stable and bridges to be more secure, improving user experience and upgradeability. Polygon previously noted that the estimated time for script execution (excluding potential troubleshooting or preparation) would be roughly 30 minutes on the mainnet. Nailwal asked the community to prepare for temporary instability. Investors are asked to be cautious while the system upgrades its core consensus engine. He said Heimdall’s conclusion would be about three hours late for now. In other words, the PoS chain will be unable to complete blocks on Thursday while the upgrade is happening. This could last for up to three hours. Nailwal also said that the move is a step toward making checkpoints faster and making way for future improvements. Although most validators updated before the deadline, the CEO of the Polygon Foundation told node operators who were still using older versions to get ready right away. To that end, Nailwal says, “Let’s make this the smoothest upgrade yet. Most validators have already upgraded, but in case you haven’t yet, test early, spread the word, and ping us if you hit snags.” The POL price points to a bullish trend June saw weeks of flat price changes for Polygon’s native POL token. It’s finally starting to show signs of strength as July 10th approaches. The price of POL is up 6.4% in 24 hours, trading at $ 0.1997 at the time of writing. POL has a market capitalization of $1.8 billion. POL also outperformed the broader crypto market. According to the Block’s GMCI 30 index, which measures the performance of the top 30 cryptocurrencies, it has gained 1.7%. Meanwhile, the Polygon price is trying to break above a descending trendline that was made by joining several highs that have been made since mid-May. At $0.197 and $0.199, this level is close to the daily resistance level and the 50-day Exponential Moving Average (EMA). This makes it a key area of resistance. With a daily finish above the 50-day exponential moving average (EMA) at $0.199, POL could keep going up and reach $0.220. It is the 50% Fibonacci retracement from the high point on May 11 at $0.277 to the low point on June 22 at $0.164. POL/USDT daily chart Source: Trading View On the daily chart, the Relative Strength Index (RSI) is 56 and pointing up. This means that the trend is moving in the bullish direction. It also has green histogram bars that are rising above its neutral zero line. This means that positive momentum is building and the trend is continuing up. KEY Difference Wire helps crypto brands break through and dominate headlines fast