The world's largest cryptocurrency exchange Binance started the day with an altcoin announcement. At this point, Binance stated that it has added three more altcoins to its watchlist. Binance announced that it will be expanding its Tracking Tag to include altcoins BakeryToken (BAKE), IDEX (IDEX), and Self Chain (SLF). “Based on recent reviews, Binance will expand the Tracking Tag to more tokens on 07.07.2025. The tokens to be added to the Tracking Tag list are: BakeryToken (BAKE) IDEX (IDEX) Self Chain (SLF) Tokens with a Watch Label exhibit significantly higher volatility and risk compared to other listed tokens. These tokens are closely monitored and undergo regular reviews. Please note that tokens with a Watch Label are at risk of no longer meeting our listing criteria and being removed from the platform.” Following the announcement, altcoin prices began to decline. *This is not investment advice. Continue Reading: Binance Puts Three Altcoins on Its Radar: “They Might Be Delisted!” – Prices Drop!
The post Elon Musk Has Announced the Formation of a New Centrist Political Movement: The America Party. appeared first on Coinpedia Fintech News The announcement comes after a public fallout with former President Donald Trump, driven by Musk’s opposition to what he calls the “debt slavery bill”, Trump’s heavily promoted stimulus package known as the Big Beautiful Bill. Musk believes the legislation fuels reckless fiscal policy and deepens economic instability. Why Bitcoin Is Central to Musk’s Political Vision In a recent post on X, Musk declared fiat money “ hopeless ,” signaling a bold pivot toward digital assets in political discourse. Bitcoin, in particular, is set to be a cornerstone of the America Party’s platform. The America Party is the solution https://t.co/KryqdEcqIU — Elon Musk (@elonmusk) July 6, 2025 Musk has long been a vocal advocate of cryptocurrency, with Tesla and SpaceX holding Bitcoin on their balance sheets. Now, he’s extending that vision into the political sphere, promoting Bitcoin as a tool to combat inflation and resist centralized monetary control. Focus on Congress, Not the Presidency While many speculated Musk may have presidential ambitions, he clarified that his immediate focus will be on Congressional races, not a run for the White House. The American Party aims to support innovation, protect free speech, and reduce excessive regulation—while maintaining a moderate stance on divisive issues. A filing under the name “Elon Reeve Musk” for the “America Party” recently circulated on X, purportedly from the Federal Election Commission (FEC) . However, no such record exists on the official FEC website, and Musk has since denied any involvement with that filing, calling it false. The Musk-Trump Rift Goes Public Tensions between Musk and Trump have escalated rapidly. Following Musk’s announcement, Trump lashed out on Truth Social, labeling Musk a “ TRAIN WRECK ” and accusing him of going “ off the rails .” The clash highlights a deeper divide between the two figures, who were once politically aligned. Musk’s popularity among younger, tech-savvy, and pro-crypto voters is growing—putting him at odds with Trump’s base. In response, Musk accused Trump of abandoning the political center. He launched a poll asking followers whether he should start a new party for the “80 percent in the middle.” After receiving overwhelming support, Musk moved forward with the unofficial launch of the America Party. Backchannel Offers and Political Ambitions Before launching his own party, Musk reportedly received outreach from political figures like Andrew Yang and Libertarian Party Chair Steven Nekhaila, urging him to support their movements. However, Musk remained focused on fighting Trump’s bill and challenging the Republicans who supported it. He later unveiled a loose political strategy, criticizing both Democrats and Republicans as a “ uniparty ” lacking meaningful differences.Though some have speculated about Musk’s presidential ambitions, the U.S. Constitution bars him from running—as he was born in South Africa. This limitation restricts the leadership options of the America Party but hasn’t dampened its momentum.
As of July 7, CoinGecko reports that ECHO (Echo Protocol) has surged to a price of $0.05107, reflecting a remarkable 96.8% increase within the last 24 hours. This significant price
The post Ripple Vs SEC To End Today? Former SEC Lawyer Says ‘Highly Unlikely’ appeared first on Coinpedia Fintech News The Ripple vs SEC case continues to stir up the crypto community, especially on X (formerly Twitter), where new rumours are flying that the long-running lawsuit could finally end today. But according to a former SEC lawyer, those hopes might be a little too optimistic. According to latest rumours, both Ripple and the US Securities and Exchange Commission (SEC) were about to dismiss their appeals and bring the case to a close today. However, Marc Fagel stepped in to clear the air. In a post on X, Fagel said it’s “highly unlikely” that the Ripple case will be resolved today. He explained that at this point, neither party has officially withdrawn their appeal. Also, the SEC usually takes several weeks or even months to vote on enforcement matters like this. “Anything is possible, but it would be very unusual,” Fagel added, saying that anyone claiming the case is ending today probably doesn’t understand how the SEC works internally. Once both Ripple and the SEC officially drop their appeals, Judge Analisa Torres’s previous ruling against Ripple would immediately take effect, no further court decisions needed. While Ripple CEO Brad Garlinghouse has spoken about dismissing their appeal, no formal paperwork has been filed yet. Highly unlikely. At this point neither party has dismissed their appeal; it typically takes the SEC several weeks (or months) to vote on enforcement matters. Anything is possible, but it would be very unusual (and anyone saying otherwise doesn't understand how the SEC works). — Marc Fagel (@Marc_Fagel) July 6, 2025 Adding to the speculation, the SEC held a closed-door meeting on July 3rd, sparking hopes of a fast settlement announcement. But Fagel poured cold water on that too, saying it was just a regular meeting and it typically takes several weeks for enforcement matters to be added to the SEC’s voting agenda. He also reminded the community that the SEC is known for moving slowly when it comes to processes like these, even if the outcome feels obvious. What’s Next for Ripple and XRP? Both sides are still expected to drop their appeals, but it’s likely to take more time. While the crypto world moves at lightning speed, government agencies, as Fagel put it, tend to move like snails. For now, XRP holders are advised to stay patient. The final dismissal might not happen as quickly as the rumour mill suggests, but the end of this years-long case is slowly approaching.
Elon Musk has officially announced that his newly established America Party will adopt Bitcoin (BTC) as a core financial asset, signaling a major endorsement of cryptocurrency over traditional fiat money.
Bitcoin is poised for a significant breakout, with projections targeting a $300,000 price point, while select altcoins demonstrate early signs of exponential growth potential. Market indicators reveal rising trading volumes
Binance has officially announced a scheduled update to its PortfolioMargin collateral rates, set to take place in two phases on July 8 and July 11, 2025, at 06:00 (UTC). The
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil proposes the issuance of a new BRICS trade currency, Tether pushes a green bitcoin mining initiative, and the Central Bank of Brazil faces a hack. Brazilian President Lula Proposes BRICS Develop
On July 7th, trader Eugene disclosed his recent trading performance and market analysis, highlighting Ethereum (ETH) as a prime asset for potential gains. After a significant downturn in early 2025,