During the U.S. session, Bitcoin is trading with a bullish bias at around $107,411, gaining nearly 1.5% over the last 24 hours. BTC received a fresh jolt this week as SoFi announced its return to the crypto trading space, sending a strong signal of renewed institutional interest. SoFi, a San Francisco-based financial platform, is planning to relaunch Bitcoin (BTC) and Ethereum (ETH) trading later this year. Additionally, it is also likely to add more features, including crypto-backed loans, staking, and support for stablecoins. A comeback with this marks a significant turnaround from its 2023 exit from crypto services. $SOFI is rolling out new crypto-enabled features later this year, including self-serve international money transfers and the return of crypto investing. Members will be able to send money abroad faster and cheaper using blockchain, with real-time transparency on fees and FX.… pic.twitter.com/EvNNJabpxz — Wall St Engine (@wallstengine) June 25, 2025 CEO Anthony Noto emphasized that blockchain will play a central role in SoFi’s future product suite. SoFi, already holding a BitLicense in New York, is aiming to become a full-service crypto bank amid a more favorable U.S. regulatory landscape under the Trump administration. SoFi to offer Bitcoin, Ethereum, staking & loans Blockchain to power broader SoFi platform Move follows regulatory clarity from OCC Bitcoin’s price jumped toward $107,500 as traders welcomed the return of a major U.S. fintech to the space. NYSE Files Rule for Trump-Backed BTC-ETH ETF Adding to the bullish tone, the New York Stock Exchange filed to list a new ETF called the “Truth Social Bitcoin and Ethereum ETF,” backed by Trump Media and Yorkville America. The fund would allocate 75% to Bitcoin and 25% to Ethereum, with Crypto.com serving as custodian and liquidity provider. BREAKING NEWS #Trump 's Truth Social files for Bitcoin & Ethereum ETF with NYSE. pic.twitter.com/4KVmA4DChX — Wise Advice (@wiseadvicesumit) June 25, 2025 While SEC approval is still pending, the move is viewed as a strategic step by Trump Media to align with pro-crypto sentiment. The filing landed just days after a separate ETF prospectus, signaling an aggressive push for crypto product offerings. ETF to hold 75% BTC, 25% ETH Crypto.com tapped as custodian Trump Media strengthens crypto ties The announcement helped Bitcoin hold above $107,000, bolstered by expectations of broader market acceptance. Bitcoin ETFs See $588M Inflows, Support Rally Spot Bitcoin ETFs recorded their strongest daily inflow in weeks on Tuesday, with $588.6 million entering U.S. funds. BlackRock’s IBIT led the charge with $436.3 million, followed by Fidelity’s FBTC with $217.6 million. Meanwhile, Grayscale’s GBTC saw $85.2 million in outflows. Momentum in crypto ETFs isn’t letting up. Bitcoin ETFs scored their 11th straight day of inflows on June 24, pulling in $588.55M with @BlackRock ’s IBIT soaking up a massive $436.32M Ether ETFs also stayed green with $71.24M. Bullish or overheated? Let us know! — Bitcoin.com News (@BTCTN) June 25, 2025 This marked the 11th straight day of net inflows into spot ETFs and came amid a ceasefire between Israel and Iran, which helped de-risk broader markets. Analysts say ETF inflows are now the dominant driver of short-term BTC price movements, showing a strong correlation to price performance. BlackRock and Fidelity absorb most flows ETFs post 11-day inflow streak Ceasefire eases macro pressure With Bitcoin bouncing from $98,000 lows to over $107,000, analysts note that investor perception of BTC as “digital gold” continues to strengthen. Technical Setup: Bulls Hold $107K, Eye $108,740 Breakout BTC/USD is consolidating just under $108,740 after breaking above a multi-week descending trendline near $106,800. The MACD remains bullish but is flattening, signaling a pause in momentum. Bitcoin price chart – Source: Tradingview Breakout Entry: Above $108,740 Targets: $110,490 and $112,080 Pullback Buy Zone: $106,800 to $105,100 A confirmed move above $108,740 could spark the next leg higher. But for now, traders are watching volume and candle structure closely to gauge the breakout’s validity. Bitcoin Hyper Presale Surges Past $1.6M—Layer 2 Just Got a Meme-Sized Boost Bitcoin Hyper ($HYPER) has smashed through the $1.6 million milestone in its public presale, raising $1,608,571 out of a $1,831,658 target. With just hours left before the next price tier, buyers can still secure HYPER at $0.012025 per token. As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper delivers fast, low-cost smart contracts to the BTC network. It combines Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with ultra-low gas fees and seamless BTC bridging. Audited by Consult, Bitcoin Hyper is built for trust, scale, and performance. Over 109 million $HYPER are already staked, with projected post-launch staking rewards of up to 480% APY. The token fuels gas fees, dApp access, and decentralized governance. The presale accepts both crypto and cards, and through Web3Payments, no wallet is required. Meme culture meets utility, Bitcoin Hyper is quickly emerging as Layer 2’s potential breakout star of 2025. The post Bitcoin Price Prediction: Skyrockets Past $107K as SoFi Energizes Crypto Market and NYSE Unveils Trump ETF appeared first on Cryptonews .
BitcoinWorld Iran Israel Conflict: Trump’s Bold Claim Signals Hope for Middle East Stability In a surprising and potentially monumental declaration, former U.S. President Donald Trump recently stated his belief that the Iran-Israel war has concluded. This assertion, reported by Walter Bloomberg on X, immediately sends ripples across geopolitical landscapes and, by extension, the intricate world of global finance, including the ever-volatile cryptocurrency markets. For anyone watching the Middle East, a region long synonymous with tension and uncertainty, such a statement prompts immediate questions: Is this a genuine turning point, or merely a hopeful pronouncement? And what could such an ‘end’ mean for the future of Iran Israel conflict and its far-reaching implications? Understanding the Iran Israel Conflict: A Complex Tapestry The relationship between Iran and Israel has been defined by decades of deep-seated animosity, proxy wars, and a constant struggle for regional influence. While not a conventional ‘war’ in the sense of direct, large-scale military confrontation between their national armies, the conflict manifests through various channels: Proxy Warfare: Iran supports groups like Hezbollah in Lebanon and Hamas in Gaza, which frequently engage in hostilities with Israel. Israel, in turn, conducts operations against these groups. Nuclear Ambitions: Israel views Iran’s nuclear program as an existential threat, leading to covert operations and cyberattacks. Regional Hegemony: Both nations vie for dominance in the Middle East, influencing alliances and destabilizing adversaries. Ideological Differences: Deep ideological divides fuel the antagonism, rooted in the Islamic Revolution of Iran and the existence of the State of Israel. This intricate web of tensions means that any declaration of the ‘end’ of this conflict carries immense weight and requires careful scrutiny. It’s not just about a cessation of hostilities, but a fundamental shift in regional dynamics. Donald Trump Middle East Diplomacy: A Unique Approach? Donald Trump’s presidency was marked by a distinctive and often unconventional approach to Middle East foreign policy. His administration brokered the historic Abraham Accords, normalizing relations between Israel and several Arab nations (UAE, Bahrain, Sudan, Morocco), a move hailed by supporters as a significant step towards regional peace. However, he also withdrew the U.S. from the Iran nuclear deal (JCPOA), reimposed sanctions on Tehran, and moved the U.S. embassy to Jerusalem, actions that inflamed tensions with Iran and drew criticism from those who believed it undermined stability. Has Trump’s Approach Truly Altered the Middle East Landscape? Trump’s latest statement, if taken at face value, suggests a belief that his policies, or perhaps broader regional developments, have brought about a resolution. His previous administration emphasized direct negotiations and economic pressure, aiming to reshape traditional alliances. While the Abraham Accords were a diplomatic triumph, the core Iran-Israel antagonism remained fiercely alive, often manifesting in shadow wars and heightened rhetoric. Therefore, his current assertion might stem from a particular interpretation of recent events or a strategic outlook on future possibilities, rather than a definitive, widely acknowledged cessation of all conflict. The Promise of Geopolitical Stability: A Vision or a Mirage? The concept of geopolitical stability in the Middle East is often seen as a distant dream, yet it holds immense promise for the region and the world. A truly stable Middle East could unlock unprecedented economic growth, foster cultural exchange, and alleviate humanitarian crises. It would mean a reduction in military spending, an increase in foreign investment, and a greater focus on domestic development rather than external threats. However, achieving this stability is fraught with challenges: Internal Divisions: Many nations within the region grapple with their own political, economic, and social instabilities. External Interference: Global powers often have vested interests in the region, sometimes exacerbating conflicts. Non-State Actors: The presence of powerful non-state armed groups complicates traditional state-to-state peace efforts. Historical Grievances: Centuries of complex history, religious differences, and unresolved territorial disputes continue to fuel tensions. If Trump’s statement were to materialize into genuine peace, the benefits would be transformative. Imagine a region where trade routes flourish, energy supplies are secure, and innovation takes precedence over armament. This vision, while aspirational, underscores the profound impact such a shift could have globally. Table: Potential Impacts of Enhanced Middle East Stability Aspect Current State (Instability) Potential Future (Stability) Oil Prices Volatile, prone to spikes due to supply disruptions More predictable, potentially lower due to consistent supply Global Trade Disrupted shipping routes, higher insurance costs Smoother flow of goods, reduced transit risks Foreign Investment Cautious, high-risk premium, limited to specific sectors Increased, diversified across industries, long-term commitments Humanitarian Crises Frequent, large-scale displacement, resource strain Reduced, focus on rebuilding and development Regional Alliances Fragmented, based on shared adversaries More cooperative, focused on economic and security partnerships Global Markets Impact: Reacting to Regional Shifts The Middle East, with its vast energy resources and strategic location, has always been a critical determinant of global markets impact . News of conflict or de-escalation in the region can send immediate shockwaves through various asset classes. Oil prices are often the first to react, as the region accounts for a significant portion of the world’s supply. An ‘end’ to the Iran-Israel conflict, if genuine, could lead to a sustained period of lower oil prices due to reduced geopolitical risk premium. Beyond oil, stock markets around the world often react to geopolitical news. Increased stability typically fosters investor confidence, leading to capital inflows into emerging markets and a general ‘risk-on’ sentiment. Conversely, heightened tensions can trigger sell-offs as investors flock to traditional safe-haven assets like gold, U.S. Treasuries, and certain stable currencies. How Do Geopolitical Shifts Ripple Through Global Financial Systems? The interconnectedness of modern finance means that a major shift in one region can have a domino effect. Supply chains can be disrupted, insurance premiums can rise, and consumer confidence can be eroded. A declaration of peace, even if only symbolic initially, could signal a potential easing of these pressures, paving the way for more predictable economic conditions and potentially stimulating global growth. Cryptocurrency Reaction: A New Safe Haven or Just Volatility? For the burgeoning world of digital assets, the cryptocurrency reaction to geopolitical events is a topic of intense debate. Bitcoin, often dubbed ‘digital gold,’ has on occasion been seen as a safe haven during times of global uncertainty. When traditional markets falter due to geopolitical shocks, some investors turn to Bitcoin, viewing it as an uncorrelated asset, free from government control and traditional banking systems. However, the crypto market is also inherently volatile. While it might see inflows during a crisis, it can also experience sharp downturns if the broader risk appetite diminishes. If Trump’s statement signals a genuine de-escalation: Reduced Safe-Haven Demand: A period of sustained geopolitical stability might lessen the immediate appeal of Bitcoin as a safe haven, potentially redirecting capital towards riskier traditional assets or growth-oriented crypto projects. Increased Institutional Interest: Conversely, greater global stability could make the overall investment landscape more predictable, encouraging more institutional investors to allocate capital to cryptocurrencies as a long-term growth asset, rather than just a hedge. Innovation and Adoption: With less geopolitical noise, focus might shift more towards technological advancements, regulatory clarity, and real-world utility of various blockchain projects, driving organic growth. Altcoin Performance: While Bitcoin might see nuanced movements, altcoins, which are often more speculative, could react more dramatically to shifts in overall market sentiment. It’s crucial for crypto investors to understand that while a more peaceful Middle East is desirable, the crypto market’s response will be complex, influenced by a multitude of factors beyond just geopolitical headlines. Staying informed and diversifying portfolios remain key strategies. The Road Ahead: Challenges and Nuances While Donald Trump’s statement offers a glimmer of hope, it is essential to approach it with a degree of realism and critical analysis. An ‘end’ to a conflict as entrenched as the Iran-Israel rivalry is rarely a singular event but rather a gradual process involving complex negotiations, shifts in leadership, and fundamental changes in strategic objectives. Many regional experts and international observers may view such a declaration with skepticism, pointing to ongoing proxy activities, deep-seated mistrust, and the inherent volatility of Middle Eastern politics. For a true cessation of conflict, one would expect to see: Formal peace treaties or agreements. De-escalation of military activities by proxies. Resolution of key disputes, such as Iran’s nuclear program and regional influence. Establishment of diplomatic channels and economic cooperation. Without these tangible developments, Trump’s statement, while significant due to his stature, remains a declaration of belief rather than a confirmed geopolitical reality. The path to lasting peace in the Middle East is long and arduous, requiring sustained diplomatic efforts from all parties involved. Actionable Insights for the Savvy Investor In a world where geopolitical pronouncements can shift market sentiment in an instant, what should investors, especially those in the crypto space, consider? Stay Informed, But Verify: Always cross-reference news from multiple credible sources. A single statement, even from a prominent figure, may not reflect the full complexity of a situation. Understand Correlation: Recognize how different asset classes, including cryptocurrencies, tend to react to geopolitical events. Bitcoin’s ‘safe haven’ narrative is debated and not always consistent. Diversify Your Portfolio: Don’t put all your eggs in one basket. A diversified portfolio across various asset classes can help mitigate risks associated with sudden geopolitical shifts. Long-Term Perspective: While short-term volatility is common, successful investing often involves focusing on long-term trends and fundamental value rather than reacting to every headline. Risk Management: Set clear risk parameters for your investments. Understand your own risk tolerance and adjust your positions accordingly. A Glimmer of Hope in a Complex World Donald Trump’s assertion that the Iran-Israel conflict has concluded is a powerful statement that, regardless of its immediate veracity, ignites discussions about the future of the Middle East. While the region’s complex history and ongoing challenges make a definitive ‘end’ a difficult proposition, the very idea of it offers a hopeful vision of geopolitical stability . Such a shift would undoubtedly have a profound global markets impact , influencing everything from oil prices to investor confidence. For the crypto community, the cryptocurrency reaction would be nuanced, potentially shifting focus from safe-haven narratives to long-term growth opportunities. As the world watches, the unfolding dynamics in the Middle East will continue to be a crucial factor in global stability and economic prosperity, reminding us that peace, even as a possibility, holds immense power. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin’s price action. This post Iran Israel Conflict: Trump’s Bold Claim Signals Hope for Middle East Stability first appeared on BitcoinWorld and is written by Editorial Team
Ether (ETH) faces a challenging week as price dips 4% despite significant ETF inflows, signaling mixed market sentiment amid evolving regulatory landscapes. While ETF investments continue to grow, futures and
This week, altcoin ETFs have been a major topic of conversation among notable cryptocurrency figures—from traders to analysts and investors alike. With Bitcoin ETFs recording massive inflows, market participants anticipate approving altcoin-based ETFs in the near term. The arrival of altcoin-based ETFs could supercharge the altcoin and larger cryptocurrency markets by launching the highly anticipated altcoin rally this year. As such, market experts are noting their bullish observations ahead of time. Most recently, two market experts revisited their predictions for the approval of some altcoin-based ETFs. Both analysts strongly believe that many recently filed altcoin ETFs could gain approval. James Seyffart, a research analyst at Bloomberg Intelligence, took to X to share the following; “EricBalchunas & I are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher. Engagement from the SEC is a very positive sign in our opinion.” Approval could be recorded in a few months or extended to October, analysts assert Many regard the SEC’s engagement with recent filings this week as a positive signal and, by extension, the start of the approval process. XRP , SOL , DOGE , ADA , LTC , and DOT are a few of the many altcoins with ETF filings from multiple asset management firms. Meanwhile, it is worth noting that the regulator has not announced approval dates, although proposal changes have been recorded recently. Although the analysts expressed uncertainty over a possible approval date, they remain optimistic that approval is imminent. “The timing of these approvals/launches is more uncertain. Could be something we’re talking about in the next month or two. Or it could be something that waits until October or later. Matter of when not if.” Seyffart wrote.
An early Ethereum investor’s recent $9.7 million ETH sale highlights the evolving dynamics between long-term holders and institutional Bitcoin accumulation. This transaction underscores the immense wealth generated from Ethereum’s Genesis
BitcoinWorld Crypto.com Unleashes Robust $120M Digital Asset Insurance, Elevating User Confidence In the dynamic world of cryptocurrency, where innovation often outpaces regulation, one constant concern remains paramount: security. For anyone holding digital assets, the question of ‘what if?’—what if there’s a hack, a theft, or an unforeseen loss—looms large. This is precisely why a recent announcement from Crypto.com has sent a wave of reassurance through the community, signaling a significant leap forward in safeguarding user funds and fostering greater trust in the ecosystem. Understanding Crypto.com’s Landmark Digital Asset Insurance Coverage Crypto.com , a leading cryptocurrency exchange and financial services platform, recently revealed a substantial enhancement to its security infrastructure. Through an announcement on X (formerly Twitter), the company confirmed it has secured an impressive $120 million in digital asset insurance coverage. This isn’t just a number; it’s a meticulously structured safety net designed to protect the digital assets held by its Crypto.com Custody Trust Company. Let’s break down what this coverage entails: $100 Million for Cold Wallets: A significant portion of this insurance, $100 million, is specifically allocated to cover losses due to theft or damage to assets stored in cold wallets. Cold wallets are offline storage solutions, widely considered the most secure method for holding cryptocurrencies, as they are disconnected from the internet and thus less vulnerable to online attacks. This substantial coverage underscores Crypto.com’s commitment to protecting the bulk of its users’ funds, which are typically held in these highly secure environments. Additional Protection Against Crime and External Hacks: The remaining portion of the coverage provides a crucial layer of protection against losses arising from various criminal activities and external hacks. This broader scope acknowledges the diverse threat landscape in the digital realm, offering a wider safety net beyond just cold storage incidents. This move is more than just a protective measure; it’s a strategic investment in user confidence and a testament to the platform’s dedication to robust crypto security . It signals to both existing and potential users that their digital assets are not only accessible but also backed by substantial financial safeguards, bringing a level of assurance often associated with traditional financial institutions. Why is Crypto Security More Critical Than Ever? The history of cryptocurrency is, unfortunately, dotted with high-profile hacks and security breaches. From the infamous Mt. Gox collapse to more recent DeFi exploits, these incidents have highlighted the inherent risks of a nascent, decentralized financial system. While the underlying blockchain industry technology is robust, the interfaces and centralized entities built upon it can still be vulnerable. For users, this means navigating a landscape where the promise of financial freedom is often accompanied by the responsibility of self-custody or trusting third-party platforms. The absence of traditional banking guarantees in the early days of crypto made many hesitant to enter the market. Comprehensive insurance, therefore, serves as a vital bridge, mitigating these fears and making the ecosystem more accessible and trustworthy for a wider audience, including institutional investors. Key Reasons Why Enhanced Crypto Security is Paramount: Protecting User Investments: The primary goal is to safeguard the hard-earned capital of users against unforeseen events. Building Trust and Confidence: Insurance acts as a trust signal, encouraging new users and institutions to participate in the crypto economy. Mitigating Reputational Risk: For platforms like Crypto.com, robust security measures protect their brand and reputation in a highly competitive market. Driving Institutional Adoption: Institutions, with their stringent compliance and risk management requirements, demand insured solutions before committing significant capital to the crypto space. The Role of Robust Custody Solutions in the Digital Age At the heart of Crypto.com’s insurance announcement is its Crypto.com Custody Trust Company. Understanding the significance of custody solutions is crucial in appreciating the impact of this insurance coverage. A custody solution is essentially a service that securely stores and manages digital assets on behalf of clients. In the crypto world, custody can range from self-custody (where you hold your own private keys) to third-party custody provided by exchanges or specialized custodians. For large platforms and institutional clients, secure, insured third-party custody is non-negotiable. These services often employ a multi-layered approach to security, including: Multi-signature (Multi-sig) Wallets: Requiring multiple keys to authorize a transaction. Hardware Security Modules (HSMs): Physical devices that generate and protect cryptographic keys. Geographic Distribution: Storing assets in multiple, geographically dispersed locations to prevent single points of failure. Regular Audits: Independent security audits to identify and rectify vulnerabilities. Robust Internal Controls: Strict protocols for access, transaction processing, and employee conduct. By securing this insurance for its Custody Trust Company, Crypto.com reinforces the integrity of its custodial services. This isn’t just about protecting against external threats; it’s also about safeguarding against internal risks and operational failures that could lead to loss. It positions Crypto.com as a reliable and responsible steward of digital assets, a critical factor for anyone looking for secure long-term storage or active trading. How Does This Impact the Broader Blockchain Industry ? Crypto.com’s proactive step in securing substantial digital asset insurance is a bellwether for the entire blockchain industry . It signifies a maturation of the space, moving away from its ‘wild west’ perception towards a more regulated, secure, and institutional-friendly environment. Here’s how this impacts the broader industry: Setting New Industry Standards As major players like Crypto.com invest heavily in security and insurance, they set a precedent for other exchanges and platforms. This creates a competitive pressure for all participants to elevate their security postures, ultimately benefiting users across the board. It encourages a race to the top in terms of security and consumer protection. Accelerating Institutional Adoption One of the biggest hurdles for institutional investors entering the crypto market has been the perceived lack of traditional financial safeguards, including insurance. A robust insurance policy, especially one covering cold storage and crime, directly addresses these concerns. It provides the necessary comfort and risk mitigation frameworks that institutions require, potentially unlocking a new wave of capital inflow into the crypto market. Enhancing Regulatory Confidence Regulators worldwide are grappling with how to effectively oversee the rapidly evolving crypto landscape. Announcements like Crypto.com’s insurance coverage demonstrate a commitment to self-regulation and robust risk management from within the industry. This can foster a more cooperative relationship with regulators, potentially leading to clearer guidelines and a more stable operating environment for crypto businesses. Boosting Consumer Trust and Education For the average retail investor, the complexities of blockchain technology and the risks involved can be daunting. Comprehensive insurance coverage simplifies the message: your assets are protected. This helps demystify crypto and builds greater confidence among a broader audience, encouraging more people to explore digital assets without the overwhelming fear of irreparable loss. Actionable Insights for Crypto Users While platforms like Crypto.com are taking significant strides in bolstering crypto security , users also have a role to play in protecting their investments. Here are some actionable insights: Choose Reputable Platforms: Opt for exchanges and services that openly discuss their security measures, including insurance coverage and audit reports. Crypto.com’s transparency in this regard is a positive indicator. Understand the Scope of Coverage: Familiarize yourself with what the platform’s insurance covers and, more importantly, what it does not. Most insurance policies cover losses due to platform breaches, not typically losses from user errors (e.g., losing your private keys, falling for phishing scams). Enable All Security Features: Always activate Two-Factor Authentication (2FA), strong, unique passwords, and any other security features offered by the platform. Diversify Storage: For significant holdings, consider diversifying your storage methods. While insured exchanges offer convenience, a portion of your assets might benefit from being in a hardware wallet under your direct control. Stay Informed: Keep up-to-date with the latest security best practices and be wary of scams. The crypto space is constantly evolving, and so are the threats. The Road Ahead: Challenges and Opportunities in Digital Asset Insurance Despite the positive news, the landscape of digital asset insurance is still evolving. Insurers face unique challenges when underwriting crypto risks: Volatility: The rapid price fluctuations of cryptocurrencies make valuation and claims assessment complex. Technological Complexity: Understanding the nuances of blockchain technology, smart contracts, and various attack vectors requires specialized expertise. Regulatory Ambiguity: The lack of clear global regulatory frameworks can make it difficult for insurers to assess risk consistently. Evolving Threats: New types of hacks and vulnerabilities emerge regularly, requiring insurers to constantly adapt their policies. However, these challenges also present significant opportunities. As the blockchain industry matures, so too will the insurance market. We can expect to see more tailored insurance products, potentially covering smart contract risks, decentralized finance (DeFi) protocols, and even individual user wallets. This growth will further solidify crypto’s position as a legitimate and secure asset class. Conclusion: A Bold Step for Crypto.com and the Industry Crypto.com ‘s announcement of $120 million in digital asset insurance coverage is a powerful statement. It’s a clear signal that the platform is prioritizing the safety and peace of mind of its users, investing in robust crypto security measures that go beyond the basics. This significant step not only enhances the protection of assets held within their custody solutions but also serves as a crucial milestone for the entire blockchain industry . By providing such comprehensive safeguards, Crypto.com is not just protecting funds; it’s actively building a more trustworthy, resilient, and appealing ecosystem for everyone. This commitment to security is essential for driving mainstream adoption and ensuring the long-term success and stability of the digital asset economy. It’s a move that truly elevates user confidence and sets a high bar for the industry’s future. To learn more about the latest crypto security trends, explore our article on key developments shaping digital asset protection and institutional adoption. This post Crypto.com Unleashes Robust $120M Digital Asset Insurance, Elevating User Confidence first appeared on BitcoinWorld and is written by Editorial Team
Analysts are bullish on ETH’s long-term prospects and ETF inflows, but futures data paints a different picture.
Senator Cynthia Lummis has said that she expects the CLARITY Act and GENIUS Act to pass through Congress and reach the president’s desk for signature by the end of the year. The two bills aim to provide clarity on stablecoins and market structure. Lummis talked about the progress of the Digital Asset Market Clarity Act (CLARITY Act) in the House of Representatives and the GENIUS Act in the Senate at the Bitcoin Policy Summit in Washington, D.C. She said she would be “extremely disappointed” if the two bills were not passed by 2026. The CLARITY Act is expected to face a full House vote soon, while the Genius Act has moved to the House of Representatives. Trump’s involvement in the crypto industry The senator from Wyoming said it would be hard to get support from both parties for crypto-related bills because of “concern that certain people that have family members in the administration are going to be advantaged in some way by what we’re doing.” “I don’t want to come up with a piece of legislation that the other side of the aisle feels they haven’t had adequate input in,” Lummis said. Among the Senators who voted for the GENIUS Act bill on June 17, 18 out of 68 were Democrats. However, others have said they won’t support any bills until they talk about US President Donald Trump’s involvement in the crypto space and how it could be used for personal gain. The bill has a part that says Congresspeople and their families can’t make money off of stablecoins. However, that prohibition does not extend to the president and his family, even as Trump has built a crypto empire from the White House. As reported by Cryptopolitan, Trump held a private dinner at his golf club in Virginia last month for top investors in a Trump-branded meme coin. He and his family have a big share in World Liberty Financial, a cryptocurrency project that made USD1 as its own stablecoin. A public financial report shows that Trump made $57.35 million from selling tokens at World Liberty Financial in 2024. Funds from a meme coin connected to him have brought in about $320 million, but the money is being split among several investors. Republicans have a slim majority in the House. Therefore, the market structure and stablecoin bills will need at least some Democratic support to pass. Ideally, the GENIUS Act could be ready before Congress’s recess in August. Trump said that he is willing to sign the bill with “no add-ons” from the House if it were to pass quickly. Connection between the CLARITY Act and the GENIUS Act The CLARITY Act gives all kinds of digital assets a legal framework, while the GENIUS Act only talks about stablecoins. Lawmakers say it would be short-sighted to regulate stablecoins without first deciding what the law says about crypto coins. Together, the bills make a stronger framework to help the US become a leader in digital banking and clear up regulatory issues. Some lawmakers are also hesitant to pass the GENIUS Act by itself because of concerns about possible conflicts of interest. This is especially true regarding President Trump’s ties to World Liberty Financial’s stablecoin. Putting the GENIUS Act together with the more balanced and thorough CLARITY Act might help get past these concerns and ensure support from both parties. Also, as stablecoins become more popular and big players from the financial world join the market, a two-framework approach might give the legal certainty needed to support long-term innovation and protect investors. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Coinbase has launched wrapped versions of Cardano ADA and Litecoin LTC tokens on its layer-2 network, Base. The exchange disclosed this on X, months after it first said that the altcoins would have wrapped assets. According to the post , cbADA and cbLTC are ERC-20 tokens fully backed by ADA and LTC in Coibase custody. By enabling wrapped versions of these tokens, the exchange wants to enable their holders to use them within the Base ecosystem. It said: “cbADA and cbLTC are now live on @base. cbADA and cbLTC are ERC-20 tokens backed 1:1 by ADA and LTC held in custody by Coinbase.” The announcement also included the Base contract addresses for the two tokens, which Coinbase Assets said are necessary as bad actors launch other tokens to mimic them. The address for cbADA is 0xcbADA732173e39521CDBE8bf59a6Dc85A9fc7b8c, while the cbLTC address is 0xcb17C9Db87B595717C857a08468793f5bAb6445F. Interestingly, Coinbase shared proof of reserves for cbADA , showing that 2.93 million ADA tokens have already been wrapped up on the network. With this launch, cbADA and cbLTC join other wrapped assets on Coinbase, including Bitcoin cbBTC, XRP cbXRP, and Dogecoin cbDOGE. These assets, apart from cbBTC, are only available on the Base network, while the wrapped Bitcoin is available on other networks, including Solana, Ethereum, and Arbitrum. Coinbase earns plaudits for its approach to L2 Meanwhile, the recent launch has attracted the praise of many in the crypto community, particularly for Base’s open approach to enabling other assets to take part in its decentralized finance ecosystem. Unlike most L2 networks, including the newer Ink network from Kraken, Base does not have a native token. Instead, the platform has focused on bringing as many people on-chain as possible, and wrapping assets is part of the many initiatives the exchange has implemented to make this happen. As Base creator Jesse Pollack said, “Base is for everyone.” So far, that approach has paid off for the network, which now dominates the transaction count on the Ethereum ecosystem while also attracting significant liquidity. According to Growthepie , Base has seen 13.17 million unique addresses in the last seven days, far above Ethereum mainnet with 2.13 million and Arbitrum with 1.2 million. With the massive number of users, it also leads in transaction count with 7.91 million transactions today alone, while coming second in total value secured with $12.39 billion. Unsurprisingly, Base is also one of the most profitable L2 networks with over $5 million in revenue in the last 30 days. Interestingly, this might be the beginning for Base, given the massive interest among builders looking to deploy on the network. Base’s Demo Day recently saw over 900 projects pitched from all over the world, with eleven out of the top 77 pitching teams coming from Africa. Analysts bullish on Coinbase’s importance in the crypto ecosystem With the success of Base Network and other Coinbase products, the exchange looks poised to dominate the crypto ecosystem. This is the opinion of Bernstein analysts, who recently increased their price target for the exchange stock COIN to $510 from the previous $310. According to the analysts, Coinbase has maintained its market share even in the face of competition and will likely continue to do so even if TradFi brokerage firms get involved in crypto trading. They particularly mentioned how Coibase connects crypto’s retail, institutional, and on-chain infrastructure, noting that no other exchanges have been able to do so at such a scale. Meanwhile, Coinbase continues to expand and recently secured a Market in Crypto Assets (MiCA) license in Luxembourg, allowing it to operate in all 27 European Union countries. Unsurprisingly, COIN has been a top performer in recent days, with over a 38.47% rise in just five days. The stock is trading at $351, adding more than 40% in value year-to-date. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
US President Donald Trump’s tax-cut bill has passed through the House and is now waiting in the Senate, but young Americans are already the ones paying the price. The legislation includes some benefits for parents, students, and workers in hourly jobs, but buried beneath all of that are deep cuts and a $3 trillion increase to the national debt that analysts say will drain future earnings, raise interest rates, and shove higher mortgage payments and taxes onto younger generations. The plan would grow the $36.2 trillion federal debt, forcing future governments to spend more just on debt payments, not on programs that help younger people. Kent Smetters, who directs the Penn Wharton Budget Model, said , “Future generations are kind of left holding the bag.” His model showed a 40-year-old with a typical income would lose $7,500 across their life if this plan passes, while a 70-year-old in the same income range would gain $17,500. That’s the gap, older Americans get richer, younger ones lose out. Debt pushes housing and education out of reach Several reasons explain how this plays out. First, younger workers usually earn less, so they benefit less from the income tax cuts. Second, the bill cuts funding for student aid and Medicaid, two programs used more by younger people. Medicaid isn’t some fringe service—it covers 4 in 10 births in US hospitals. Removing money from that hits young parents fast and hard. Jessica Riedl from the Manhattan Institute said, “In the short term the benefits are certainly tilted towards higher earners, which is often a good proxy for age.” But the biggest problem is debt. Adding trillions more to the national tab will likely increase interest rates, making it harder for the next generation to buy homes or borrow money. John Ricco from the Yale Budget Lab found that in 2055, when today’s babies turn 30, the average mortgage could cost $4,000 more each year because of this bill. Republicans argue that it’s all part of a long-term fix. They claim the cuts to Medicaid will make it more stable, and that new tax breaks for overtime pay and tipped income will help younger workers. They say the bill boosts business and helps people just entering the workforce. But those benefits are small and short-lived compared to what’s being lost. Older Americans get protection, younger ones get bills The bill adds some benefits aimed at families, like $1,000 savings accounts for newborns and an expanded child tax credit, though the final version differs in the House and Senate. Steve Scalise, the No. 2 Republican in the House, said the bill would increase the take-home pay for a median-income household with two kids by $4,000 to $5,000. But those numbers leave out rising costs in health care, groceries, and student loans caused by other cuts in the same bill. The Congressional Budget Office and other analysts confirmed that the costs would outweigh any benefits for lower- and middle-income households. And even though the child tax credit was expanded, it still doesn’t fully apply to low-income families, so the people who need help the most don’t get the full benefit. That same story applies to older Americans too. The bill includes a targeted tax break for people over 65, one of Trump’s campaign promises. But Brendan Duke from the Center on Budget and Policy Priorities said, “The tax cuts basically do nothing for the lower-income half of seniors.” Most don’t make enough to qualify. But wealthier seniors do. And those over 65 also get to keep their Medicare and Social Security untouched. Those two programs are exploding in cost as the population ages. But while Medicaid—used more by the young and poor—gets cuts, Medicare and Social Security stay off-limits. Trump and his Democratic opponents both promised not to touch them. But both programs are projected to run short of money by 2033, and neither side has proposed a real fix. That leaves the problem, and the cost, for the next generation. This isn’t new. Riedl called it out directly: “I think ultimately Republican and Democratic lawmakers have been engaged in intergenerational theft for a long time.” But this bill, under Trump, pushes that theft into overdrive. The richest and oldest get the breaks. The youngest get the debt. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage