Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin surges past $111,000 and XRP climbs to $2.64, investors are shifting from holding to earning, flocking to APT Miner for daily passive income through cloud mining. Table of Contents What is APT Miner cloud mining? How to use APT Miner Summary On July 11, 2025, Bitcoin broke through the $117,000 mark, setting a new high for the year, and XRP also rose strongly to $2.64, maintaining an upward trend for several consecutive days. Market sentiment quickly recovered, and a large number of investors began to re-evaluate the use of their crypto assets, not just waiting for appreciation, but also seeking daily cash flow. In this trend, more and more BTC and XRP holders are choosing to flock to the APT Miner platform to obtain passive income through cloud mining. There is no need for high-frequency trading or equipment maintenance costs. The income can be automatically settled daily through computing power contracts. According to statistics, many users have a stable daily income of more than US$3,000 through APT Miner, successfully finding a new “safe haven” in the volatile market. What is APT Miner cloud mining? APT Miner is a cloud mining platform regulated by the UK. Users do not need to purchase mining machines or have professional knowledge. They only need to choose the appropriate computing power contract to start earning cryptocurrency income. All mining processes are automatically completed by the platform in the data center. The system settles profits every 24 hours, and the income is directly returned to the user’s account. It is simple, safe, and an efficient way to obtain passive income. How to use APT Miner Users can register using an email address (register for $15 and earn $0.6 by buying a signing contract). They must then choose the contract that suits them. Next, they can make payments. And now, they can get a regular income. The following is a list of potential income contracts for APT Mienr [BTC (Canaan-Avalon-A1466)]: Investment amount: 100 USD, total net profit: 100 USD + 8 USD. 【DOGE (Goldshell-Mini-DOGE-Pro)】: Investment amount: US$500, total net profit: US$500 + US$38. [BTC (Antminer-S19-XP)]: Investment amount: USD 2,500, total net profit: USD 2,500 + USD 437. 【DOGE（Goldshell-LT6）】：Investment amount: USD 7,800, total net profit: USD 7,800 + USD 2,970. 【BTC（AntminerT21）】：Investment amount: 17,000 USD, total net profit: 17,000 USD + 9,044 USD. [BTC/BCH (ANTSPACE HK3)]: Investment amount: USD 50,000, total net profit: USD 50,000 + USD 34,000. For more contract information , please visit the APT Miner platform official website. Once the mining contract is selected and activated, the APT Miner system will automatically complete all mining tasks for without any hardware or technical operations. The platform uses high-performance equipment from top manufacturers such as Bitmain, Shenma Miner, and Canaan Creative, combined with a self-developed intelligent scheduling system. During the mining process, users can view the income progress in real time on the control panel. The system automatically settles profits every 24 hours, and the principal will be fully returned after the contract ends. Since its establishment in the UK in 2018, APT Miner has been developing steadily under the government regulatory framework. It has attracted more than 9 million users worldwide and formed a huge and real user ecosystem. Summary As market volatility and uncertainty increase, more and more investors are beginning to realize the importance of stable returns. APT Miner provides an intelligent cloud mining method that does not require transactions, has no technical threshold, and settles daily, making crypto assets truly “active” and continuously creating passive income for users. From technical strength to platform transparency, from compliance qualifications to user experience, APT Miner is becoming a new choice for holders of mainstream currencies such as XRP and BTC. To learn more, visit the official APT Miner website and download the app. Email: info@aptminer.com Read more: Bitcoin mining can power the US, if regulators prioritize it | Opinion Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
The crypto market is up today, for the third day in a row. 99 of the top 100 coins per market cap have appreciated over the past 24 hours. At the same time, the cryptocurrency market capitalization has increased by 1.3% to $3.73 trillion, which is a significant increase from yesterday’s $3.45 trillion. The total crypto trading volume is at $231 billion, up from $128 billion a day before. TLDR: The crypto market rising, with the market cap hitting $3.73 trillion; 99 of the top 100 coins are green; BTC recorded a new ATH, now trading at $117,586, and ETH hit the $3,000 mark; BTC has seen 62 days of price stability in six-figure territory; Market sentiment entered greed territory; Both US BTC and ETH spot ETFs saw the second-highest inflows since launch; ”The medium- and long-term outlook for Bitcoin remains overwhelmingly positive.” Crypto Winners & Losers The crypto market has continued the green streak for the third day, as all top 10 coins per market cap rise as well. Bitcoin (BTC) has done it – it broke its previous all-time high. The coin jumped 5.6% in a day, currently trading at $117,586. Moreover, Ethereum (ETH) is the category’s second-best performer. It appreciated by 6.5%, currently changing hands at $2,986. Dogecoin (DOGE)’s 8.9% is the highest increase among the top 10. Its price is now $0.1965. Moreover, only one of the top 100 coins is red today. Monero (XMR) fell 0.7% to $325. On the other side, a dozen coins recorded double-digit rises. Two of these have increases of over 20%. Ethena (ENA) rose by 20.7% to the price of $0.347, while Sei (SEI) is up 20.6% to $0.3183. Meanwhile, $1.25 billion in leveraged positions have been liquidated in 24 hours, according to CoinGlass . Short traders account for $1.1 billion. Moreover, of the total amount, Bitcoin accounted for $658.43 million and Ethereum for $250.89 million. Source: CoinGlass Notably, the dollar is seeing its worst performance since 1973. This is actively fueling risk assets, including crypto. ‘Outlook for Bitcoin Remains Overwhelmingly Positive’ Gadi Chait, Head of Investment at Xapo Bank , commented that since 8 May, Bitcoin has ended every day above $100,000. “That’s 62 days of price stability in six-figure territory,” Chait says. “For an asset once defined by volatility, this price consolidation over a significant period of time shows that Bitcoin is maturing.” And this week, BTC surged to an ATH, reflecting robust institutional demand and macroeconomic tailwinds, he adds. “Under the surface, institutional accumulation is at fever pitch.” Also, the stability and institutional inflow held firm through major macroeconomic uncertainty and global geopolitical tensions. This is “a test that many other so-called ‘volatile assets’ would struggle to pass,” Chait argues. Moreover, James Toledano, Chief Operating Officer at Unity Wallet , adds that the price surge seems to be driven by a confluence of macroeconomic optimism and significant institutional activity. The latter comes in the form of ETF inflows and sovereign and corporate balance sheet allocations. Additionally, there’s the talk of an incoming US Federal Reserve rate cuts. Furthermore, Toledano argues that the situation could turn bad for the traditional economy, benefiting digital assets. “The US has a major debt crisis, and the interest payments on this debt is the largest budget line-item,” he says. Also, the dollar is weakening, and bond markets are experiencing sell-offs. “A reckoning is surely coming, but this may be good for the strongest crypto assets as capital takes flight seeking a new home,” Toledano writes. Meanwhile, Ruslan Lienkha, chief of markets at YouHodler , argues that a decisive breakout and sustained move above $112,000 for BTC “could trigger a sharp upward rally, potentially targeting the $130,000 range before entering a new consolidation phase at historically unprecedented levels.” He adds that “the potential for such a move is underpinned by a broadly supportive macro backdrop,” as well as tightening BTC supply dynamics. However, there are some near-term risks. This includes an evolving political and economic backdrop, particularly trade tensions. “That said, the medium- and long-term outlook for Bitcoin remains overwhelmingly positive,” Lienkha continues. “Institutional adoption continues to deepen, the integration of crypto into traditional financial systems is accelerating, and the macro narrative of Bitcoin as a hedge against monetary debasement remains intact. Additionally, regulatory clarity is gradually improving in key markets, further legitimizing digital assets as a core component of diversified portfolios.” Levels & Events to Watch Next At the time of writing, BTC trades at $117,586. The coin hit a new all-time high of $118,254 just an hour prior to this writing. This was also a surge from the intraday low of $98,974. The price is up 8.1% in a week, 7.6% in a month, and 103% in a year. Now, analysts and investors alike are waiting to see if BTC will surpass the $119,000 and $120,000 levels. Bitcoin Price Chart. Source: TradingView Moreover, Ethereum is currently trading at $2,986. It managed to finally surpass the $3,000 mark again, reaching $3,019 earlier this morning (UTC). It pulled back slightly, but analysts argue that it may rise further. Overall, it’s up 17.1% in a week and 7.4% in a month. It fell 3.5% in a year. We’re now looking at $2,950-$3,050 as key support levels. Moreover, the crypto market sentiment also surged and entered greed territory. The Fear and Greed Index jumped from 58 yesterday to 67 today . This is the highest it’s been in a month. It also signals caution to investors. While this is not extreme green, the level suggests potential overconfidence. It may result in FOMO (fear of missing out) and, subsequently, inflated prices. Furthermore, on 10 July, the US BTC spot exchange-traded funds (ETFs) recorded a massive jump. They saw inflows of $1.18 billion , compared to $218.04 million on 9 July. This is the second-highest amount ever, the highest being $1.38 billion in November 2024. BlackRock’s share is $448.49 million. It’s followed by Grayscale’s $324.34 million, as well as Ark & 21Shares’ $268.7 million. On the same day, US ETH ETFs saw significant inflows of $383.1 million . This is the highest amount in six months. It is second only to the all-time high of $428.44 million seen in December 2024. Of this amount, BlackRock took in $300.93 million, while Fidelity saw $37.28 million. Meanwhile, institutions and corporations are still entering the crypto space, and increasingly so. One of the latest is NRW.BANK , a German state-owned development bank. It has recently issued a €100 million ($116.7 million) blockchain-based bond on the Polygon network. The bank used the infrastructure of Cashlink Technologies , a BaFin-licensed crypto securities registrar, to register the bond, while institutional investors such as Deutsche Bank , DZ BANK , and DekaBank took part in the offering as joint lead managers. NRWBANK, Germany’s largest regional development bank, has tokenized its first fully digital bond, with support from leading financial institutions like @DeutscheBank , @dzbank , and @DekaBank . Polygon will serve as the rails for the EUR 100 million bond, registered via Cashlink as… pic.twitter.com/37jqqQpz8F — Polygon (@0xPolygon) July 10, 2025 Quick FAQ Why did crypto move with stocks today? The crypto market surged over the past 24 hours, while the US stock market saw a mixed picture on Thursday. despite enduring uncertainty about US trade policy. For example, the S&P 500 rose by 0.27%, the Nasdaq-100 is down by 0.16%, and the Dow Jones Industrial Average is up by 0.43%. Concerns coming from the US about tariffs, and subsequently inflation and global trade wars, were reignited again. Investors managed to largely brush them off. Is this rally sustainable? Analysts generally agree that the rally is sustainable. The market has more room to grow this year. However, typical pullbacks and larger corrections are possible and even likely. You may also like: (LIVE) Crypto News Today: Latest Updates for July 11, 2025 The crypto market is showing extremely bullish signals today, with the total crypto market cap rising 1.2%. Bitcoin is up over 5% over the past 24 hours, currently trading just above $116,500 at an all-time high. Ethereum has continiued its positive momentum today as it trades around $3,000, up 7%.But what else is happening in crypto news today? Follow our up-to-date live coverage... The post Why Is Crypto Up Today? – July 11, 2025 appeared first on Cryptonews .
Dogecoin (DOGE) continues to demonstrate strong bullish momentum, reaching new local highs amid a broader crypto market upswing. Market analysts note that DOGE’s recent price action suggests potential for further
The post Ripple CEO Brad Garlinghouse’s Net Worth Climbs to $10B After SEC Settlement appeared first on Coinpedia Fintech News As the cryptocurrency industry reshapes global finance, few leaders have made as profound an impact as Brad Garlinghouse, the CEO of Ripple Labs. With an estimated net worth between $9 to $10 billion, largely driven by his 6.3% equity stake and significant XRP holdings, Garlinghouse has helped Ripple evolve from a blockchain startup into a powerhouse of fintech innovation. He became a defining figure in crypto regulation, especially through Ripple’s high-stakes legal battle with the U.S. SEC, while also promoting Ripple’s vision for an “internet of value.” From Kansas to Silicon Valley: A Vision Takes Root Born in Topeka, Kansas in 1971, Garlinghouse’s early love for computing led him to pursue economics in college, followed by an MBA from Harvard Business School in 1997. In a 2016 interview, he recalled how his desire to “change the world” took him to Silicon Valley during the early internet boom. He held executive roles at Dialpad, AOL, and Yahoo!, where his 2006 memo—dubbed the “Peanut Butter Manifesto”—criticized Yahoo!’s scattered priorities. The bold critique cemented his reputation as a strategic leader unafraid to challenge the status quo. Leading Ripple’s Blockchain Breakthrough Garlinghouse joined Ripple Labs in 2015 and became CEO a year later. Under his leadership, Ripple pushed for global adoption of XRP as a bridge asset for fast, low-cost cross-border payments. He helped strike major partnerships with financial giants like Santander and SBI Holdings, positioning Ripple as a core player in next-gen financial infrastructure. In a recent CNBC interview , Garlinghouse emphasized the goal: “We harness the advantages of crypto, such as quicker and more affordable transactions, and integrate it into traditional finance.” Ripple’s growing influence in the global remittance and banking sector has also boosted his personal net worth, which, according to Charles Gasparino (Fox Business), crossed $10 billion as of March 2025. The Ripple vs. SEC Saga: A Defining Battle Garlinghouse’s legacy is closely tied to Ripple’s fight with the U.S. Securities and Exchange Commission (SEC). In 2020 , the SEC alleged that Ripple, Garlinghouse, and co-founder Chris Larsen raised $1.3 billion through unregistered XRP sales. Garlinghouse pushed back hard, calling the lawsuit a case of regulatory overreach. He maintained that XRP is a currency, not a security. The case reached a turning point on May 8, 2025, when Ripple and the executives agreed to a $50 million settlement —a fraction of the original demand. They also jointly requested the court to dissolve the injunction and release funds previously held in escrow. Although formal approval from the court is pending, the move marked a landmark moment for crypto regulation and corporate accountability. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Ripple News Today- Will BlackRock File XRP ETF? , Advocating for Crypto Clarity During a U.S. Senate hearing on July 9, 2025, Garlinghouse made a strong case for crypto-friendly legislation. He warned that the lack of clear rules was pushing innovation and jobs overseas and urged lawmakers to emulate regulatory frameworks like those in the U.K. and EU. He called for practical, consumer-protective laws that foster growth and trust in the crypto ecosystem. Conclusion: A $10B Legacy Still in the Making Brad Garlinghouse’s journey—from Kansas to the heart of Silicon Valley to leading Ripple through legal and regulatory minefields—reflects vision, courage, and persistence. With Ripple’s global influence still expanding and regulations slowly evolving, his mission to build an internet of value is far from over. 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Dogecoin hovered near $0.20 on Friday, nursing a weekly gain of about 17 percent and a 24-hour trading volume above $2 billion as traders digested a late-June livestream by technical analyst Kevin, who argued that the meme-coin’s structure “has to be one of the best-looking altcoin charts out there.” Dogecoin Double Bottom Could Trigger $1 During the one-hour session Kevin highlighted a textbook double-bottom that printed on Dogecoin’s weekly chart exactly at the confluence of the 200-week simple and exponential moving averages, the 0.382 Fibonacci retracement of the 2023–2025 advance, and a long-term up-trend line dating back to the 2022 bear-market trough. Entering at that zone, he said, “the risk-reward here is phenomenal,” noting that a tight stop just below the cluster implied limited downside while upside targets stretched toward the previous cycle’s highs. Kevin told viewers the weekly momentum profile supports a larger breakout. Money-flow on Market Cipher is curling higher for the first time in more than a year; the MACD is preparing to cross bullish from a higher low; and the stochastic RSI has turned up from mid-range. On the monthly chart, relative strength continues to print higher highs and higher lows, and the stock-RSI “is hanging on, ready to push back up,” he said, adding that the entire structure “looks freakin’ great” for a sustained move once Bitcoin clears its own resistance band near $116,000. Related Reading: Dogecoin To $3.94 This Cycle? This Chart Says It’s No Meme His price map for the coming months begins with a purple resistance box between $0.94 and $1.31—the 2021 peak plus the 1.618 extension of the 2022–24 base. “I’d be pretty shocked if Dogecoin can’t at least tag 94 cents,” Kevin said, stressing that a decisive break of a dollar would likely attract a new wave of retail traders and algorithmic trend-followers. He stopped short of offering an end-of-cycle target, but insisted “$1 remains likely,” conditional on Bitcoin extending toward the $150,000 region and—crucially—on macro tail-winds such as an end to quantitative tightening by the Federal Reserve. Even so, Kevin warned against complacency. Dogecoin’s intraday spike coincided with Bitcoin’s test of a major Fib cluster at $116,000, while USDT dominance hit golden-pocket support—levels that could spark a near-term cooldown. “Don’t be fooled by green candles,” he said, reminding viewers that meme-coins “can get crushed even in bull markets” and advising strict risk management: take partial profits after big thrusts, move stops to break-even, and “rinse and repeat.” Related Reading: Dogecoin Resistance Walls Ahead: Analyst Flags 3 Key Levels Beyond pure chart work, Kevin framed Dogecoin as a perpetual beneficiary of retail psychology. “You can walk into any gas station and someone owns Doge,” he quipped. “It’s the retail darling—it always will be—especially when new money shows up with deeper pockets than last time.” For now, price action is validating that thesis. If the double-bottom holds and macro conditions align, the analyst argues, Dogecoin could once again headline the next alt-season—this time with a dollar tag that traders in the last cycle could only meme about. At press time, DOGE traded at $0.1978. Featured image created with DALL.E, chart from TradingView.com
The global financial landscape is on the cusp of a significant shift, and China is at the forefront of this evolution. Recent reports indicate that Shanghai officials are deeply engaged in exploring strategies for a yuan-backed stablecoin , a move that could redefine digital finance and international trade. This isn’t just about a new digital asset; it’s a strategic maneuver by one of the world’s largest economies to assert its influence in the burgeoning digital currency space, directly challenging the dominance of U.S. dollar-linked stablecoins. Why is Shanghai’s Stablecoin Strategy So Crucial? The Shanghai State-owned Assets Supervision and Administration Commission (SASAC) recently convened a pivotal meeting with local officials. The agenda? To delve into policy strategies surrounding stablecoins and other digital currencies. This isn’t a casual discussion; it signifies a serious, coordinated effort at the highest levels of Chinese economic planning. SASAC Director He Qing’s emphasis on staying attuned to technological advances and strengthening research into digital currencies underscores the urgency and importance of this initiative. For years, the U.S. dollar has been the undisputed king of global reserve currencies, a position solidified further by the widespread adoption of dollar-pegged stablecoins like USDT and USDC in the crypto ecosystem. China’s pursuit of a Shanghai stablecoin is a direct response, aiming to create an alternative that leverages the yuan’s growing economic might. This strategic exploration in Shanghai holds immense significance for several reasons: Economic Sovereignty: A yuan-backed stablecoin would provide China with greater control over its digital financial infrastructure, reducing reliance on foreign-controlled systems. Global Trade Facilitation: It could streamline cross-border transactions, making trade with China more efficient and potentially reducing transaction costs for businesses worldwide. Countering Dollar Dominance: By offering a viable alternative, China seeks to chip away at the U.S. dollar’s hegemony in digital finance, fostering a more multipolar global economic order. Innovation Hub: Shanghai, already a financial powerhouse, aims to position itself as a leading hub for digital currency innovation and adoption. China’s Digital Currency Ambitions: Beyond the DCEP? When we talk about China digital currency , many immediately think of the Digital Currency Electronic Payment (DCEP), commonly known as the digital yuan or e-CNY. This central bank digital currency (CBDC) has been in pilot programs for years, making China a global leader in CBDC development. However, a yuan-backed stablecoin serves a distinct, yet complementary, purpose. While the digital yuan is primarily designed for domestic retail payments, enhancing financial inclusion and combating money laundering, a stablecoin is often envisioned for broader, potentially international, applications in the crypto market and decentralized finance (DeFi). The distinction is subtle but important: Digital Yuan (e-CNY): Central bank-issued, sovereign currency, primarily for domestic use, focuses on retail payments and monetary policy control. Yuan-backed Stablecoin: Private entity-issued (though likely heavily regulated/approved by the central bank), pegged to the yuan, designed for broader crypto ecosystem integration, cross-border settlements, and potentially DeFi applications. This dual approach indicates China’s comprehensive strategy to digitize its currency, addressing both domestic needs and international aspirations in the rapidly evolving digital asset space. The Rise of the Digital Yuan: A Precursor to Stablecoin Dominance? The extensive trials of the digital yuan have laid significant groundwork. Millions of transactions have been processed, and countless users have participated in pilot programs across various cities. This experience provides invaluable data and infrastructure for China’s broader digital currency ambitions. While the digital yuan has focused on consumer payments and smart contracts within a controlled environment, a stablecoin would extend the yuan’s reach into the global crypto market, offering a stable, low-volatility asset for traders and investors who currently rely heavily on USD stablecoins. Consider the potential impact: Feature USD-backed Stablecoins (e.g., USDT, USDC) Potential Yuan-backed Stablecoin Pegged Currency U.S. Dollar Chinese Yuan (CNY) Primary Use Crypto trading, DeFi, cross-border payments Crypto trading, DeFi, cross-border payments, potentially Belt and Road Initiative settlements Issuance Model Typically private companies, regulated by Western authorities Likely private companies with central bank oversight/approval, regulated by Chinese authorities Geopolitical Impact Reinforces U.S. dollar’s global standing Boosts yuan’s internationalization and China’s financial influence Ant Group and Tech Giants: Driving the Stablecoin Push The push for a yuan-backed stablecoin isn’t solely government-driven. Leading Chinese tech behemoths like JD.com and Ant Group are actively encouraging the central bank to approve such initiatives. Their motivation is clear: they operate at the intersection of traditional finance and digital innovation, and they recognize the immense potential and the competitive disadvantage of not having a native stablecoin. The rising influence of U.S. dollar-linked stablecoins in global digital transactions poses a challenge to China’s vision of financial autonomy and digital economic leadership. Why are these tech giants so keen? Market Share: They want to capture a piece of the rapidly expanding stablecoin market, which is currently dominated by non-Chinese entities. Innovation: A yuan stablecoin could unlock new use cases for their platforms, from advanced payment solutions to integration with blockchain-based services. Strategic Advantage: It would give them a significant edge in competing with global tech firms in the digital asset space, aligning with national strategic goals. Response to Demand: There’s likely growing demand from their vast user bases and partners for a stable digital asset pegged to the yuan. The involvement of these powerful private sector players indicates a broad consensus within China regarding the necessity and potential benefits of a yuan-backed stablecoin. What are the Potential Benefits of a Yuan-backed Stablecoin? The strategic implications of China launching a yuan-backed stablecoin are far-reaching. Here are some key benefits: Enhanced Financial Stability: By providing a stable digital asset, it could reduce volatility in crypto markets for yuan-denominated transactions, attracting more participants. Lower Transaction Costs: Blockchain-based stablecoins can offer faster and cheaper cross-border payments compared to traditional banking rails. Increased Yuan Internationalization: A widely adopted yuan stablecoin would naturally increase the yuan’s global footprint, making it more accessible and usable in international trade and finance. Innovation in DeFi and Web3: It could foster a new wave of decentralized applications and Web3 projects built around the yuan, creating a parallel ecosystem to the current dollar-centric one. Geopolitical Influence: A successful yuan stablecoin would bolster China’s standing as a leader in digital finance, offering an alternative to the Western-dominated financial system. Navigating the Challenges: What Lies Ahead? Despite the immense potential, the path to a widely adopted yuan-backed stablecoin is fraught with challenges: Regulatory Framework: Developing a robust and transparent regulatory framework that balances innovation with financial stability and anti-money laundering concerns will be critical. Trust and Transparency: Gaining international trust will require clear auditing of reserves and transparent governance, a hurdle given China’s historically opaque financial systems. Privacy Concerns: As with the digital yuan, concerns about state surveillance and data privacy could deter some international users. Global Acceptance: Overcoming the entrenched dominance of the U.S. dollar and its stablecoin counterparts will require significant effort and compelling advantages. Technological Scalability: Ensuring the underlying blockchain infrastructure can handle the massive volume of transactions required for global adoption is a major technical challenge. Actionable Insights for Businesses and Investors What does this mean for you, whether you’re a business looking at international trade or an investor eyeing the crypto market? For Businesses: Keep a close eye on developments. A yuan-backed stablecoin could offer new, more efficient channels for trade with China and other Belt and Road Initiative countries. It might reduce foreign exchange risks and transaction fees. For Investors: Diversification might become even more crucial. While USD stablecoins remain dominant, a credible yuan-backed alternative could offer new arbitrage opportunities and a hedge against dollar fluctuations in the digital asset space. Understand the regulatory environment and the risks associated with any new stablecoin. For Innovators: The emergence of a yuan stablecoin could open up new avenues for DApp development, cross-chain solutions, and integration with existing financial platforms in the East. Conclusion: The Dawn of a New Digital Financial Era? Shanghai’s exploration into a yuan-backed stablecoin is more than just a policy discussion; it’s a clear signal of China’s ambition to reshape the global digital financial landscape. Supported by powerful tech giants like JD.com and Ant Group, this initiative aims to create a formidable alternative to the prevailing U.S. dollar-centric stablecoin ecosystem. While significant challenges remain, the potential benefits—from enhanced financial stability and lower transaction costs to increased yuan internationalization—are too compelling for China to ignore. As the world moves further into the digital age, the race for digital currency dominance is heating up, and China is positioning itself to be a frontrunner, potentially ushering in a new era of multi-polar digital finance. To learn more about the latest crypto market trends, explore our article on key developments shaping digital currency institutional adoption.
Anticipating growing demand for computing power to meet the needs of digitalization and artificial intelligence, Russia is now going to ban cryptocurrency mining in data centers. Provisions prohibiting the mining of digital coins at such facilities have been added to a bill, drafted on President Putin’s order, which aims to expand Russia’s capabilities to process big data and generate AI. Russian government to ban crypto miners from data centers Authorities in Russia plan to ban the mining of cryptocurrencies in data processing centers (DPCs). The main motive behind the move is to prevent Bitcoin miners from claiming the benefits intended to boost Moscow’s potential in the AI race, such as access to cheap power. Amendments to that end have been added to a draft law dedicated to prioritizing the development of data centers. The changes have been made ahead of its second reading in the State Duma, the lower house of Russian parliament, media reports revealed this week. The bill introduces new provisions to several laws that lawmakers have already finalized, the business news outlet RBC unveiled in a post, quoting a representative of the Office of the Chief of Staff of the Russian Government and Deputy Prime Minister Dmitry Grigorenko, who oversees the regulatory effort. The updated legislation now defines DPCs as communication facilities. These will be listed in a special register maintained by the Ministry of Digital Development, Communications and Mass Media of the Russian Federation. Registered data centers will be prohibited from hosting crypto mining infrastructure and carrying out mining activities, the article detailed. The Duma is expected to vote on the proposal by the end of this month, the source familiar with the process told the publication. According to the official, DPCs will be offered discounted electricity rates to lower their operational costs, as well as quick connection to the power grid to bypass bureaucratic hurdles – benefits that have been denied to crypto mining firms since Moscow legalized their business last year. Digitalization and the development of artificial intelligence (AI) involve storing and processing huge amounts of data, and in order to effectively do that, it’s necessary to increase the number and capacity of data centers, the government representative explained, elaborating: “Transparent and understandable regulation is the first step. We will legislatively establish that a data center is a communications facility, not just a server room. Clear rules will create basis for additional support measures.” Russia may be turning on cryptocurrency miners The preferential treatment of data centers comes on the order of Vladimir Putin, who instructed the government to work out ways to support the sector back in 2020. The draft law was submitted to the Duma the following year and passed on first reading in 2022. The crypto mining industry, however, which was regulated with a law signed by the Russian President in 2024, has seen quite a different attitude from both federal and local authorities. Since the ruling in 2024, activity has been banned in about a dozen territories, from the Far East to occupied Ukraine. Addressing participants in a development forum last week, Putin justified the mining restrictions, which will be in place for the next six years in some corners of his vast country, with the need to wisely exploit Russia’s resources. Quoted by the Kremlin’s press service, he explained: “We were recently happy we had a surplus of electricity in some regions. But they began actively mining there, and governors started complaining to me … We had to make certain decisions.” Cryptocurrency miners taking advantage of low, often subsidized electricity rates in places like the Siberian Oblast of Irkutsk have been blamed for turning energy surpluses into power deficits. Although some prohibition requests from regional officials have been turned down by the executive arm in Moscow, citing the risk of declining budget receipts and energy revenues . The government’s latest move against the mining business in Russia, which aims to solve another shortage, that of computing power, is likely to create more issues. For example, the largest data center in the Irkutsk region is run by the mining giant BitRiver. If the law is adopted in its current form, it’s likely to hurt not just the mining sector, but also the DPC industry, according to blockchain, energy and digital finance analyst Oleg Ogienko. Speaking to the local information portal IrCity, he noted that a number of data center operators have mining hardware installed at their sites and predicted that the new rules will result in financial losses for these companies. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Solana (SOL) is holding strong with eyes on $200, but the real buzz is around Mutuum Finance (MUTM) , the stealth DeFi rocket quietly turning heads. At its current price of $0.03 MUTM is flying fast during presale stage. Mutuum Finance is in presale stage 5 of which 65% has been sold out as investors pile in. The token is at its lowest possible price of $0.03. A 16.7% jump will follow as phase 6 sets in. Over $12 million has been raised to date, and over 13,000 investors have entered the presale. At just a fraction of its projected target, Mutuum Finance is being snapped up before it explodes past $5. Solana Holds Steady as Market Eyes Next Move Solana (SOL) is trading around $149 today, holding its ground after a steady rebound from the $142 range earlier this week. Price action has been consolidating just below the $153 resistance level, suggesting the market is waiting for a stronger catalyst. On-chain activity continues to show strength, Solana recently matched the combined monthly active users of all other Layer 1 and Layer 2 networks, and network revenue has topped $271 million for a third consecutive quarter. With this level of usage and growing ecosystem momentum, SOL remains firmly on traders’ radars as it hovers in a tight range. While attention stays on Solana’s next technical move, Mutuum Finance (MUTM) is rapidly emerging as one of the more talked-about plays in parallel conversations. Mutuum Finance Presale Soars Past $12M With Massive FOMO Mutuum Finance (MUTM) has taken over 2025 as one of the most promising DeFi tokens in 2025. With over $12 million raised and over 13000 investors already in, the presale is gaining real traction. During phase five, the token is priced at $0.03. The next stage will see the price increase to $0.035, and with an already set official launch price of $0.06, early investors are already on a 100% profit. MUTM can skyrocket to as high as $3 after launch. That is a 9900% ROI for current purchasers. Changing the Rules of Lending Forever Mutuum Finance offers a non-custodial liquidity protocol where users own complete control of assets throughout decentralized lending. The project follows a double-model approach that incorporates Peer-to-Contract and Peer-to-Peer lending in an attempt to achieve greater flexibility and efficiency. Peer-to-Contract system utilizes smart contracts to establish automatic lending with no human interference and rather, the smart contracts respond to the market by giving dynamic interest rates. Peer-to-Peer model eliminates middlemen and gives direct access between the borrowers and the lenders. The model is highly preferred by users for volatile assets where there exists a necessity for flexibility and tailored terms. Mutuum Finance Giveaway to Reward Early Token Holders Mutuum Finance (MUTM) is hosting a $100,000 giveaway . 10 people will each receive $10,000 MUTM tokens. The project has also launched a new leaderboard where top 50 token holders will be rewarded with bonus tokens for maintaining their ranks. Mutuum Finance Announces $50,000 Bug Bounty To improve security, Mutuum Finance has initiated a $50,000 Bug Bounty Program with CertiK. Every vulnerability will be rewarded, with the bounty focusing on four key levels: critical, major, minor, and level four will be low. While Solana (SOL) eyes a potential move to $200, smart money is clearly pivoting toward Mutuum Finance (MUTM), a DeFi breakout priced at just $0.03 in its current presale stage. With over $12 million raised and more than 13,000 investors already in, 65% of Stage 5 is now sold out, and a 16.7% price increase is imminent in Stage 6. Backed by audited smart contracts, a powerful double lending model, and a fully non-custodial DeFi ecosystem, MUTM is being positioned as a future blue-chip protocol. Early buyers are staring down a projected 9,900% ROI, with a $5 target in sight. Secure your MUTM tokens now before the next price surge hits. For more information about Mutuum Finance (MUTM) visit the links below Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
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These impressive inflows were fueled by surging investor demand and record-breaking price moves. Bitcoin soared to a new high, which triggered over $1 billion in short liquidations across the crypto market. Accumulation by long-term holders also reached a yearly high, signaling strong bullish sentiment. Analysts suggest the rally may continue, supported by supply-demand imbalances, rising realized cap, and bullish technical patterns. Bitcoin and Ether ETFs See Massive Inflows Bitcoin and Ethereum investors funneled massive amounts into crypto exchange-traded funds (ETFs) on Thursday, which made it the second-largest daily inflows for both asset classes since their respective spot ETF launches. US spot Bitcoin ETFs pulled in a total of $1.17 billion, with BlackRock’s iShares Bitcoin Trust (IBIT) attracting $448 million and Fidelity’s Wise Origin Bitcoin Fund accounting for $324 million, according to data from Farside Investors . Bitcoin ETF flow (Source: Farside Investors ) These near-record inflows accompanied a surge in Bitcoin’s price, which reached a new high of $113,800 and continued to rally into Friday. The only larger daily inflow came on Nov. 7, 2024, which coincided with Donald Trump’s US presidential election victory, when Bitcoin ETFs recorded $1.37 billion in inflows. Spot Ethereum ETFs also saw robust activity after drawing $383.1 million in net inflows — their second-largest daily intake ever. BlackRock’s iShares Ethereum Trust ETF (ETHA) was the standout performer, and recorded a record $300.9 million in net inflows on Thursday alone. Ethereum ETF flow (Source: Farside Investors ) Despite the strong demand, financial advisors from traditional platforms are still hesitant. Nate Geraci, president of NovaDius Wealth Management, pointed out in an X post that major firms like Vanguard are still restricting access to these ETFs, creating a barrier for adoption. The appetite for these ETFs is now outpacing the issuance of the underlying assets. Data from Ultra Sound Money revealed that Ethereum’s net issuance over the past 24 hours was 2,110 ETH, worth around $6.33 million. This figure was dwarfed by the $383.1 million that was funneled into Ethereum ETFs that same day. Bitcoin is witnessing a similar dynamic. Galaxy Research reported that in 2025 alone, US spot Bitcoin ETFs purchased $28.22 billion worth of BTC, while miners have only produced $7.85 billion worth of new supply. This growing imbalance could support higher prices in the long run. Bitcoin Shorts Crushed It was not only crypto ETFs that set new records thanks to the crypto market rally. Bitcoin short-sellers faced a huge blow on Thursday after the cryptocurrency soared to fresh all-time highs. This triggered over $1 billion in liquidations across the crypto market in 24 hours. According to data from CoinGlass , more than $1 billion in short positions were wiped out, which affected 232,149 traders. Of this, approximately $678 million came from Bitcoin shorts, while $258 million were Ethereum-related. The sharp move took place after Bitcoin’s breakout to a new record price on Thursday. 24 hour liquidation heatmap (Source: GoinGlass ) Crypto analyst Miles Deutscher commented “Bears in disbelief” in an X post, while Daan Crypto Trades called it a “MASSIVE Short squeeze on BTC & ETH.” Market observer Velo added, “Lots of emails are being sent,” alluding to the wave of forced liquidations hitting traders. The overall crypto market cap surged 6.38% over the past day, reaching $3.68 trillion, according to CoinMarketCap . Although some analysts were very doubtful earlier in the week about Bitcoin pushing to new highs, Thursday’s explosive move left many surprised. The liquidation event ranks among the largest in recent history, though it still trails the $2.24 billion wiped out on Feb. 3, when President Donald Trump signed an executive order imposing tariffs that raised fears of a global trade war. BTC Accumulation Hints at More Upside Bitcoin surged to $113,800 on Thursday as demand from long-term accumulation addresses spiked. According to CryptoQuant , these accumulation addresses held 248,000 BTC on Wednesday—which was a new yearly high and a 71% increase in 30-day demand since June 22. The last time accumulation reached this level was in December of 2024, when Bitcoin was trading at $97,000 and the all-time high of 278,000 BTC was recorded. The current uptick in demand despite higher prices suggests that confidence among strategic buyers is quite strong. Bitcoin demand from accumulator addresses (Source: CryptoQuant ) Demand momentum also sharply rebounded after previously dipping to 2024 Q4 lows. While cumulative demand, which includes selling pressure, is negative, its recent recovery points to buyers starting to regain some control. This shift implies that there is a foundational bullish interest in Bitcoin, with strategic accumulation outweighing short-term profit-taking behavior. Market analyst Axel Adler Jr. pointed to the MVRV ratio as a key indicator to watch for potential profit-taking. When the MVRV hits 2.75, it typically signals an inflection point where investors begin to distribute holdings. Currently, this threshold aligns with a Bitcoin price of $130,900—around 17% higher than Thursday’s peak. This indicates that the rally may still have room to run before profit-taking begins. Supporting this outlook, Glassnode reported a $4.4 billion increase in Bitcoin’s realized cap as the price surpassed $113,000. Unlike market cap, realized cap only rises when coins are moved at higher prices. This means that fresh capital is entering the market rather than simply driving speculative gains. Boosting the bullish sentiment even more, Milk Road co-founder Kyle Reidhead reaffirmed his $150,000 price target for Bitcoin, due to a bullish cup and handle pattern seen last month. His post on X after Bitcoin’s move above $112,000 reflects the broader confidence that the current rally could extend before encountering major resistance or correction.