Ethereum ETFs Net $2.191 Billion as BlackRock and Fidelity Dominate Inflows

In June 2021, Ethereum was at $ 2,400 and, through a long, arduous lateral price action, has once again bounced above that price range thanks to the support of Ethereum ETFs. Now trading above $2,565 and its 100-hour SMA, ETH looks poised for a stronger breakout. Immediate resistance sits at $2,600 and $2,620, while bulls are clinging to $2,550 as the line they can’t afford to lose. A sustained move could send ETH toward the $2,636 swing high. EthereumPriceMarket CapETH$315.08B24h7d30d1yAll time DISCOVER: Best Meme Coin ICOs to Invest in Today Are Ethereum Holders Going to Be Left Behind? Ethereum sisters, is it finally our time to shine? Institutional money has been flooding into Ethereum ETFs with $1.17 billion in June, over $1.5 billion so far this year, and projections point to $10 billion by the end of 2025. Bitwise CIO Matt Hougan says it’s simple: “Ethereum increasingly becomes the settlement layer for regulated finance.” As these ETFs pull TradFi deeper into the blockchain, ETH is fast becoming the go-to for tokenized stocks, bonds, and beyond. Additionally, Ethereum’s scalability playbook is working for now. Arbitrum, Optimism, and zkSync are racking up usage as Layer 2s soak up DeFi traffic and gaming demand. Meanwhile, EIP-7983—an upcoming cap on per-transaction gas—promises smoother sailing ahead. It’s a defensive move, but a smart one, as rivals like Solana eye the throne. The future of Ethereum is for everyone https://t.co/QY2zy4fQU3 — Polygon (@0xPolygon) May 9, 2025 If Ethereum has any chance of breaking ATHs this year, it will be through its Layer 2 dominance.  After months of holding above $2,425, it’s carved out a rounded bottom that some analysts say could be the launchpad for a move toward $8,500 this cycle. The technicals match the narrative for ETH with stronger fundamentals, deeper institutional ties, and no signs of structural weakness. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What’s Next for Ethereum? The old ploy that is Ethereum is waiting to be used. ETH has room to run, but only if it clears the ceiling at $2,620. With ETF inflows growing and Layer 2 infrastructure clicking into place, the setup leans bullish. Still, any drop below $2,520 throws the trend into question. For now, ETH is stuck in a pressure cooker of institutional money, tech upgrades, and trader nerves. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways

  • ETH has once again bounced above that price range thanks to the support of Ethereum ETFs.
  • The old plow that is Ethereum is waiting to be used. ETH has room to run, but only if it clears the ceiling at $2,620.
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Lawmakers Plan Bullish Move: US Crypto Week This July 14 to Tackle Major Bills

U.S. Congress just circled the week of July 14 and slapped “Crypto Week” on it. Crypto Week will be a week-long U.S. holiday. God bless America. *claps* The House will spend the week debating three bills that could reshape crypto regulation and whether the U.S. still wants to be a serious player in crypto innovation. If passed, they could finally give the industry the framework it’s been begging for. Meanwhile, a new crypto presale is making headway and could skyrocket during Crypto Week. BitcoinPriceMarket CapBTC$2.16T24h7d30d1yAll time DISCOVER: Best New Cryptocurrencies to Invest in 2025 US Crypto Week: CLARITY Act Brings Long-Awaited Regulatory Certainty Washington is finally trying to stop playing Calvinball with crypto law. The CLARITY Act proposes a simple fix to carve digital assets into three categories: commodities, securities, and stablecoins, and assign each to the right agency. It’s a strategy meant to kill the ambiguity that’s made the U.S. a regulatory minefield for crypto firms. For instance, BTC ▲0.19%, classified as a “digital commodity,” would come under the CFTC’s jurisdiction, while tokens resembling traditional securities would remain with the SEC. Additionally, a dual-track registration system is set to provide more flexibility for crypto platforms to register with the relevant agency. GENIUS Act Caters to Stablecoin Innovation Passed by the Senate, the GENIUS Act is set to bring stablecoins under federal command. It sets the ground rules for who can mint them, how they’re backed, and what oversight looks like when things go sideways. The upshot is:

  • Makes stablecoins legally legitimate as long as they do things like proving reserve backing.
  • There will be less of legal barriers to making your own legally compliant stablecoin.
Once the GENIUS Act is signed into law, various entities will begin to replace legacy systems with stablecoin-based systems wherever it is economical to do so. Ideally, soon, someone will offer international payments that arrive in seconds instead of days. This is going to force everyone else to adapt or die. (X) Framed as a firewall against financial surveillance, the Anti-CBDC Surveillance State Act would stop the Fed from distributing a digital dollar to individuals. Crypto Week Standout: TOKEN6900 Raises $220K as Crypto’s First Non-Corrupt Token One token set to go viral during Crypto Week is TOKEN6900, which is seven days deep into presale and already has $220,000 in the bag. It claims to be the first Non-Corrupt Token (NCT), and unlike most projects, that might actually mean something. No mint button. No insider stash. No angel round. 80% of TOKEN6900 goes to public presale, and when they say the price jumps in two days, it does. While central banks hide behind policy jargon and print cash into oblivion, TOKEN6900 is a pure distillation of internet hype and irony, priced at $0.00645… for now. (Token 6900) There’s no mystery here. TOKEN6900 isn’t building the next layer of civilization. It’s not disrupting finance. It’s a meme, and it says so proudly. In a world where central banks rewrite reality while the numbers rot, that kind of blunt-force honesty is the rarest asset of all. GET IN ON THE TOKEN6900 HYPE NOW EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways
  • U.S. Congress just circled the week of July 14 and slapped “Crypto Week” on it.
  • One token set to go viral during Crypto Week is TOKEN6900, which is seven days deep into presale and already has $220,000 in the bag.
The post Lawmakers Plan Bullish Move: US Crypto Week This July 14 to Tackle Major Bills appeared first on 99Bitcoins.

What Is DEGE Crypto? World Liberty Financial-Linked Meme Coin Surges +300% In 24 Hours

DEGE crypto has surged nearly 350% overnight as the two-week-old meme coin garnered significant attention over the July 4 weekend due to its branding as ‘American People’s Meme Coin’. It is gaining momentum due to loose connections with Donald Trump’s World Liberty Financial DeFi project, with many speculating that a mention of DEGE by the President could be forthcoming soon. (SOURCE)   DEGE Crypto Self-Branded The ‘People’s Coin’ – Official Ties To World Liberty Financial? DEGE crypto has risen nearly 5x in the past 24 hours due to a heavy marketing push as the American people’s meme coin and even having ‘Officially Endorsing @WorldLibertyFi’ in its X bio. However, it is still unknown what, if any, links there are between this new meme coin and the President’s DeFi platform. The official World Liberty Financial social media accounts have yet to acknowledge DEGE crypto. However, this hasn’t stopped the meme coin project from basing its entire image around WLFI. Dege Coin’s official mascot, a Doge character, can be seen wearing World Liberty Financial-branded hats and astronaut suits. The team is relentless in tagging both Donald Trump and the WLFI X account in nearly every post they make. Regardless of whether there has been any acknowledgement of DEGE crypto from the World Liberty Financial side, this hasn’t deterred the project from making serious gains. As of today, it is up nearly 10 times from July 5. It has amassed more than 10,000 token holders in less than two weeks since going live. The pro-American push and forced ties to the President and his DeFi project have generated a significant amount of hype and attention for the DEGE coin. This has driven its price up substantially since its launch on June 24. As DEGE crypto is pumping so heavily on pure speculation, many are calling for a parabolic run if the World Liberty Financial team or the President himself makes any form of acknowledgement of the meme coin. If WLFI adopt DEGE as its official meme coin mascot, a run toward $100 million and even higher would seem extremely realistic. (GECKO TERMINAL) DISCOVER: 20+ Next Crypto to Explode in July  WLFI Pre-Market Trading Goes Live On MEXC Exchange $WLFI is one of the hottest pre-market pairs on #MEXC right now! Powered by @worldlibertyfi
Trading with Zero Fees Don’t miss the early action https://t.co/HIkkB8VYeo pic.twitter.com/yQDTKPsseU — MEXC_Listings (@MEXC_Listings) July 4, 2025 Over the weekend, a select few crypto exchanges listed the WLFI token for pre-market trading. This allows users of the platform to trade in and out of the token. MEXC is the most notable, with data showing WLFI changing hands for around $0.21. While pre-market trading is a volatile period for any token, it does provide a good indication of where the price will fall upon full release. Tristan Tate, brother of Andrew Tate, has stated his belief that WLFI is likely to increase by at least five times from here, assuming a rough launch price of $0.20. $0.2 would equate to a $20 billion fully diluted valuation, which would instantly make it the 12th largest cryptocurrency by market cap. However, it is believed that only 20% of the supply will be unlocked at launch, which, at $0.2, would give WLFI a market cap of $4 billion, putting it at 38th by market cap. The WLFI token is all but confirmed to be listed on all major exchanges from day one. This includes Coinbase, Binance and OKX. Analysts and investors are speculating that World Liberty Financial could easily become one of the top 10 crypto projects by market cap this year. According to Arkham, the World Liberty Financial portfolio is valued at approximately $180 million. Over 90% of that amount held across the Ethereum network. Another feather in WLFI’s cap is its USD1 stablecoin, built on the BNB Smart Chain (BSC). In less than three months, it has minted over $2.2 billion in tokens. This makes it the fifth-largest USD1-backed stablecoin on the market. It is also processing, on average, over $300 million in daily volume. This highlights a serious level of adoption across the BSC network. With World Liberty Financial building a complete end-to-end DeFi platform, underpinned by its USD1 stablecoin and its WLFI governance token, President Trump stands to be a part of one of the most significant web3 projects in 2025 and beyond. EXPLORE: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post What Is DEGE Crypto? World Liberty Financial-Linked Meme Coin Surges +300% In 24 Hours appeared first on 99Bitcoins.

Turkey Blocks 46 Crypto Platforms In Big Crackdown: Faces Severe backlash

In a severe regulatory crackdown, Turkey has blocked access to 46 cryptocurrency platforms. Thousands of Turkish crypto users found themselves suddenly unable to access crypto trading platforms. The Turkish financial authorities made it clear – they are targeting both centralized and decentralized exchanges. This crackdown comes alongside the introduction of new rules for crypto exchanges operating in Turkey. This includes mandatory user verification or KYC for all platforms. There will also be withdrawal delays to allow for enhanced monitoring of suspicious transactions.  Going ahead, there will also be increased cooperation between exchanges and authorities for reporting illicit activities.  Turkey blocks 46 crypto platforms in sweeping regulatory crackdown Turkey’s Capital Markets Board (CMB) blocked access to 46 unauthorized crypto platforms in July alone, including leading decentralized exchange (DEX) PancakeSwap, as part of a sweeping enforcement campaign to… — CoinNess Global (@CoinnessGL) July 7, 2025 DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Move Faces Severe Backlash – “In a country where inflation is high and trust in the lira is low, crypto became a lifeline” However, the move was met with a severe backlash. Shyft network took to X to say, “Turkey just passed a sweeping crypto law. But this isn’t just about compliance — it’s about control. Turkey now requires all crypto service providers to register, follow AML rules, and comply with the FATF Travel Rule.” “Get off the FATF grey list. But beneath that is a deeper play: extend state oversight over a fast-growing, high-adoption crypto market,” added Shyft. “In a country where inflation is high and trust in the lira is low, crypto became a lifeline. Now that lifeline is being regulated — tightly.” But why did Turkey take this step? The Turkish government cited several reasons for this aggressive regulatory action. Including combating money laundering and terrorism financing, proctecting consumers and maintaining financial stability. Back in 2021 the country did something similar, banning the use of crypto for payments. The Turkish regulators ordered internet service providers to block access to 46 crypto-related websites. The affected platforms range from popular centralized exchanges to leading DeFi protocols, like PancakeSwap.  BREAKING: Turkey Blocks 46 Crypto Platforms Including @PancakeSwap Turkey's Capital Markets Board just issued a sweeping ban on major DeFi platforms for "unauthorized service provision" under national securities law. Key Impact:
• PancakeSwap + 45 other platforms blocked
•… — Sir JP (@JPCrypto618) July 5, 2025 Read More: Turkey Bans PancakeSwap: A Setback for Crypto?  Turkey Bans PancakeSwap Turkey’s Capital Markets Board (CMB) just shut down PancakeSwap (CAKE) for its citizens. They also blocked CryptoRadar, a crypto comparison site. Why? They said the platforms didn’t have the right papers to operate there. This is all thanks to new laws from 2024, giving the CMB the power to block crypto platforms that don’t have licenses. This move is part of Turkey’s bigger plan to crack down on crypto and keep things in check. Basically, they want to make sure crypto platforms are legit and allegedly protect people from shady stuff. So, expect more of these bans if other exchanges don’t get their licenses in line. After the news broke, CAKE took a 4.00% hit in just one day. Now it’s down 10% over the past month, showing the market’s not happy about these rules. PancakeSwap’s trading volume dropped hard too, down 20%, now sitting at $45.54 million. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Key Takeaways

  • Thousands of Turkish crypto users found themselves suddenly unable to access crypto trading platforms, after Turkey blocked 46 crypto platforms. 
  • Turkey’s relationship with cryptocurrencies has been turbulent. After the 2021 payments ban, regulators have steadily increased their scrutiny of the sector.  The post Turkey Blocks 46 Crypto Platforms In Big Crackdown: Faces Severe backlash appeared first on 99Bitcoins.

    Solana’s Tokenized Stock Market Jumps to $48 Million as On-Chain Trading Grows

    In just two weeks, the market cap for tokenized stocks on the Solana network has jumped from $13 million to more than $48 million, according to CoinGecko. This kind of momentum shows a growing appetite for real-world assets that can be traded on-chain, without all the usual delays and restrictions of traditional markets. A tokenized stock is a digital asset that mirrors the price of a real stock, giving traders a faster way to access equities. Why People Are Paying Attention Tokenized stocks have been floating around for a while, but they’re starting to get real traction. The basic idea is to take a regular stock, like Apple or Tesla, and issue a token that reflects its value. These tokens let people trade shares using crypto infrastructure, skipping over brokers and banks and operating on a 24/7 schedule. That kind of flexibility is a big draw for users outside the usual market hours or in countries with limited stock access. Source: Shutterstock On Solana, the interest is picking up fast. The network’s speed and low transaction costs make it a good match for financial products that need to move quickly. Companies like Backed Finance and trading protocols like Jupiter have been helping bridge the gap between equities and DeFi tools. The stocks themselves are wrapped through regulated providers, meaning the tokens are backed by real shares held off-chain. Stocks People Actually Want Tesla and Apple are leading the pack. Their tokenized versions on Solana are seeing strong volume, especially from people who might not have direct access to U.S. markets. Other big names are getting pulled in too. You can now find tokenized versions of the S&P 500, Microsoft, NVIDIA, and others. These aren’t perfect replacements for owning the actual stock, since they don’t offer things like voting rights or dividends, but they track the price and give traders an easy way to get exposure. SolanaPriceMarket CapSOL$81.69B24h7d30d1yAll time Oracles and custodians keep the token prices aligned with the real-world market. It’s not a full replacement for the stock market, but it’s a fast and flexible alternative for people who want to trade without waiting for Wall Street to open. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Why Solana Makes Sense Solana has been building momentum for a while, and this fits right into that story. The chain’s ability to handle a lot of transactions quickly and at a low cost makes it an ideal place to test tokenized assets. While Ethereum has traditionally been the go-to for financial experiments, Solana’s performance and growing DeFi presence are putting it on the map. This also comes as more institutions and developers explore how to tokenize all sorts of things, from real estate and treasuries to fine art and private credit. The idea is simple: bring more of the real world into a format that can be used in digital systems. DISCOVER: 20+ Next Crypto to Explode in 2025 What’s Can We Expect? Solana’s tokenized stock market is still small compared to the actual exchanges, but the pace of growth shows there’s real interest. If rules around this kind of trading become clearer and more providers get on board, it could turn into a much bigger market. Right now, the tools are there, the demand is rising, and the pieces are falling into place. DISCOVER: 20+ Next Crypto to Explode in 2025  Join The 99Bitcoins News Discord Here For The Latest Market Updates

  • Tokenized stocks on Solana surged from $13M to $48M in two weeks, showing growing interest in real-world assets
  • onchain.
  • Solana’s low fees and fast speeds make it ideal for trading tokenized equities like Apple and Tesla around the clock.
  • These tokens track real stock prices but
  • don’t offer dividends or voting rights, making them price-exposure tools, not full replacements.
  • Projects like Backed Finance and Jupiter are driving adoption by connecting traditional stocks with DeFi infrastructure.
  • Solana is emerging as a strong contender for tokenized assets, offering a faster and cheaper alternative to Ethereum for real-world trading.
  • The post Solana’s Tokenized Stock Market Jumps to $48 Million as On-Chain Trading Grows appeared first on 99Bitcoins.

    Ondo Finance Positions to Dominate the $16 Trillion Tokenization Market After Strategic Acquisition

    Ondo Finance has acquired Oasis Pro as the RWA tokenization platform secures its place in the industry. ONDO prices are steady but firm. While the focus is on Bitcoin, meme coins, and even DeFi, the future of crypto is clearly emerging as tokenization. Since the first stablecoin hit the market in 2014, the industry has grown to a market cap of over $264 billion. USDT by Tether has a market cap of over $158 billion, while USDC by Circle is in second place with a market cap of nearly $62 billion. Other stablecoins track JPY, GBP, and even gold, all with decent market caps cumulatively exceeding $500 million. (Source) RWA Tokenization Exploding A look at rwa.xyz data reveals that over $24.8 billion of real-world assets (RWAs) have been tokenized. Over the months, there are more than 282,000 holders of these assets, nearly doubling in the past month alone. In total, there are 249 issuers as of July 8. Most of these tokens are on Ethereum, but others are circulating on Aptos, Stellar, Solana, and Algorand. Among the big issuers is Ondo Finance, a RWA tokenization platform that has been gaining traction in the past two years. Currently, Ondo Finance’s USDG and USDY, two products tokenizing United States bonds, are among the most valuable, with a market cap of over $710 million and $652 million, respectively. In the past week, these products have seen their total value locked (TVL) increase by 3% and 9%, respectively. (Source) DISCOVER: Best New Cryptocurrencies to Invest in 2025 Ondo Finance Acquires Oasis Pro Yesterday, Ondo Finance took another monumental step in its efforts to become a big player in the tokenization market. The Boston Consulting Group (BCG) projects tokenization to crack $16 trillion by 2030. Tokenization is a big industry, and Ondo Finance cemented its position after acquiring Oasis Pro. The deal, announced on July 4, will see the RWA platform take over the regulated brokerage platform, absorbing the broker’s licenses and infrastructure. Oasis Pro is regulated in the United States as one of the first operators of Alternative Trading Systems (ATS) for digital securities. Through this deal, Ondo Finance now has the foundation to build on Oasis Pro’s comprehensive regulatory framework further, effectively bridging DeFi with CeFi via tokenization. Ondo Finance now has the right to issue, trade, and even settle tokenized securities in a way that’s compliant with the United States SEC’s laws. Before this deal, Oasis Pro was among the first platforms to settle digital securities using USD and stablecoins like USDC and DAI. Pat LaVecchia, the CEO of Oasis Pro, said the deal now sets the foundation for a “regulated tokenized securities ecosystem.” Meanwhile, Nathan Allman, the CEO of Ondo Finance, added that this acquisition empowers them to “realize their vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations.” DISCOVER: 20+ Next Crypto to Explode in 2025 24/7 Trading Of U.S. Securities Ondo is already preparing to launch its Global Markets platform, offering tokenized stocks to non-U.S. investors. These stocks will be tokenized and wrapped, backed by real shares via regulated custodians. In this way, these stocks will be tradable every day of the week, just like some of the best cryptos to buy. Additionally, investors will be able to own a fraction of these shares and even program transaction flows. Eventually, they plan to scale to thousands of securities, including ETFs, by the end of the year. At press time, ONDO ▲2.75% is flat, capped at around $0.82, trailing some of the top Solana meme coins. Ondo FinancePriceMarket CapONDO$1.12B24h7d30d1yAll time Technically, the uptrend remains, but for buyers to find strength, prices must float above the local support at $0.72. DISCOVER: Next 1000x Crypto – 11 Coins That Could 1000x in 2025 Ondo Finance Acquires Oasis Pro, Eyes $16T Tokenization Market

    • Tokenization could hit $16 trillion by 2030 
    • Ondo Finance acquires Oasis Pro 
    • RWA tokenization platform plans to tokenize U.S. securities 
    • ONDO crypto prices flat below $0.82 
    The post Ondo Finance Positions to Dominate the $16 Trillion Tokenization Market After Strategic Acquisition appeared first on 99Bitcoins.

    Ripple SEC News: XRP Nears Banking License And Faces Critical Support Test

    The evolution of Web3 banking is starting. XRP is applying to become a bank in the latest Ripple SEC news. So should I sell my house to buy more XRP? Short answer: NO, but the price is in a crucial position. After briefly spiking to $2.32, XRP has slipped toward the $2.25 range.  Price action is tightening along the lower Bollinger Band, pointing to volatility compression. That’s typically a precursor to a major move, and right now, the bias is leaning south. If we won’t moon today, when will we moon then? The world’s new bank won’t look like a building.
    It will look like code.
    It will sound like silence.
    And it will settle in XRP. pic.twitter.com/cK4Mu9yU3p — ᴍᴇʀʟɪɴ ᴛʜᴇ ᴡɪᴢᴀʀᴅ (@MerlinXRP) July 3, 2025 DISCOVER: 20+ Next Crypto to Explode in 2025 Death Cross and MACD Add Bearish Pressure Ripple Labs is making a play for Wall Street legitimacy. A July 2 filing with the U.S. Office of the Comptroller of the Currency seeks a national bank charter that would let Ripple operate as a federally regulated trust bank. If approved, it puts XRP in the running for institutional-grade use, from cross-border payments to potential stablecoin infrastructure. 99Bitcoins analysts see the move as a strategic end-run around slow-moving crypto regulation, potentially clearing a path for Ripple to secure Fed master account access and an eventual XRP spot ETF. In short: bros, it’s only just beginning for us. Long-term, it could mean a solid tradfi-defi integration for XRP with more liquidity management and use cases for the token. (XRPUSDT) Conversely, technical indicators aren’t doing XRP bulls any favors. A “death cross” recently formed on the daily chart, with the 20-day moving average crossing below the 200-day. That’s historically a bearish signal, often followed by extended downside. At the same time, the MACD has flipped negative, crossing beneath the signal line. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Head and Shoulders Pattern Raises Breakdown Risk Adding to the short-term bear case, XRP is flashing a head-and-shoulders pattern on the daily chart. If $2.23 gives out, the next stop could be $2.20 or lower, with $2.15 waiting in the wings. Volume has also dried up since the last rally. Lower timeframes show more of the same. XRP’s been boxed between $2.25 and $2.35 for hours now. A brief bounce off $2.26 got smothered at resistance, suggesting the bulls may be losing steam. XRP pump did NOT die she’s taking a breather, there’s a difference — danny (@defiphvntom) July 7, 2025   Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of higher lows since XRP bottomed at $1.908, and the 10 to 100-day EMAs continue to flash buy signals. However, the 200-day SMA now sits above current price at $2.36, acting as a lid on further upside. XRP on the Edge: $2.25 or Bust XRP keeps climbing out of its $1.90 bottom, marking higher lows and clinging to buy signals from short and mid-term EMAs. Yet the 200-day simple moving average, now at $2.36, isn’t budging. If support at $2.25 breaks with conviction, the structure risks unwinding toward $2.20 or lower. On the other hand, a bounce with volume could reignite momentum and set up another test of the $2.35–$2.40 range. Traders should watch $2.25 like a hawk because it’s the fulcrum for what happens next. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways

    • TXRP is applying to become a bank in the latest Ripple SEC news.
    • Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of higher lows since XRP bottomed
    The post Ripple SEC News: XRP Nears Banking License And Faces Critical Support Test appeared first on 99Bitcoins.

    Game Changer: SEC Streamlines Path for Crypto ETFs

    The U.S. SEC plans to overhaul spot crypto ETF applications. Under this framework, institutions will have exposure to some of the best cryptos to buy, including Solana and TRUMP. It took more than a decade for the U.S. Securities and Exchange Commission (SEC) to approve the first batch of spot Bitcoin ETFs. After the Winklevoss Twins submitted their initial application in 2013, the SEC rejected it, citing manipulation risks, a lack of proper monitoring tools, and high crypto volatility. By 2023, pressure was mounting, and eventually, Gary Gensler and the SEC approved nine spot Bitcoin ETFs in early 2024. A few months later, spot Ethereum ETFs were approved without a staking feature. By July 8, 2025, spot Bitcoin and Ethereum ETF issuers in the United States collectively managed over $147 billion worth of shares. Among them, BlackRock is the largest, helping issuers manage billions in ETH- and BTC-backed shares. By July 7, institutions had purchased over $216 million in Bitcoin-backed spot Bitcoin ETF shares. (Source) DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 SEC Making Changes To Spot Crypto ETF Applications Before this landmark decision in 2024, the SEC typically took months, or even years, to review and approve a spot crypto ETF application. The good news is that this is about to change, opening doors for restricted institutions to get exposure in some of the best cryptos to buy. Reuters notes that the SEC is developing a framework to streamline and accelerate the approval of spot crypto ETF applications in the United States. According to sources, proposed changes will include a simplified single-step registration process. Additionally, new guidelines for crypto ETFs will be introduced. These proposals, if implemented, will be a relief for applicants. Currently, applicants must navigate a cumbersome two-step process. First, they submit the 19b-4 filing, which includes amendments to exchange rules. Then, there is the S-1 registration for the fund itself. This dual process has often led to delays, with issuers facing prolonged uncertainty and complex negotiations with regulators. Under the new framework, crypto ETF applicants will only need to submit a single S-1 filing, allowing the fund to be cleared for listing if the SEC does not object within 75 days. To further simplify the process and provide clarity, the regulator is crafting a common listing standard for crypto ETFs. Most importantly, they will introduce guidelines to address unique crypto-specific complexities, such as staking mechanisms and redemption processes. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Spot Crypto ETF Applications, 99% Chance of SEC Approving Spot Solana ETF in 2025 As of July 8, 2025, there were over 72 crypto ETF filings, with applicants seeking SEC review and potential approval for spot ETFs for SOL ▲1.39%, XRP ▲2.25%, and even some top Solana meme coins like TRUMP. Official TrumpPriceMarket CapTRUMP8$1.73B24h7d30d1yAll time Grayscale, VanEck, and Fidelity are among the spot Solana ETF applicants. Punters on Polymarket have placed a 99% chance of a spot Solana ETF being approved by the end of 2025. (Source)   On July 1, 2025, the REX-Osprey Solana ETF, which permits staking, was launched in the United States. Unlike spot Ethereum ETFs, investors in this spot Solana ETF gain exposure to SOL and the staking rewards. DISCOVER: 8 High-Risk High-Reward Cryptos for 2025 New Crypto ETF Framework By SEC To Boost Capital Inflow

    • SEC has already approved spot Bitcoin and Ethereum ETFs 
    • Applications go through a two-step process 
    • Regulator wants to introduce a new framework that simplifies applications 
    • More spot crypto ETF applications expected
    The post Game Changer: SEC Streamlines Path for Crypto ETFs appeared first on 99Bitcoins.

    Charles Hoskinson: From DARPA to Cardano, Gloves Full of Bullet Ants and More

    In a wide-ranging conversation with former Navy SEAL and YouTuber Shawn Ryan, Cardano founder Charles Hoskinson laid out the philosophical roots of crypto, linking blockchain directly to the ideals of liberty, trust, and decentralized power. The interview also drew some controversy about whether Hoskinson is a liar as he talked about his days as a secret agent in DARPA and the time he jumped out of an Apache helicopter. As one Twitter user wrote: “You really need to listen to all five hours of it for those out of context antics to make sense and to really understand the human side of Charles. You know, not just the genius entrepreneur archetype you’re familiar with.” The Good: Charles Hoskinson Breaks Down the Importance of Crypto Drawing from his early involvement in the Ron Paul movement, Hoskinson connected the dots between Austrian economics, sound money, and the failures of fiat. “If you don’t have good money, you don’t have liberty… Bad money creates socialism. Good money gives you agency.” — Charles Hoskinson, Shawn Ryan Show Hoskinson likened blockchains to constitutions: immutable, transparent, and resistant to political coercion. For him, crypto was a natural progression. “In crypto, my use is identical to a poor farmer’s in Sagal,” Hoskinson opined. “In the fiat world, Bill Gates and I are treated very differently.” Hoskinson pushed back against the idea that tokens are just speculative chips in a global casino. In his view, they’re what power decentralized systems by keeping infrastructure open, resilient, and out of the hands of tech monopolies. The Insane From Charles… But Also Interesting In some of the crazier stories told in the interview, before launching Cardano, Charles Hoskinson collaborated with DARPA, jumped out of helicopters, and even participated in a ritual ceremony in Brazil involving gloves full of bullet ants. Additionally, he was part of a team that de-extincted the direwolf, helped retrieve extrasolar fragments from the Pacific, and funded bioluminescent plant research. According to Laura Shin, Charles Hoskinson claimed that he is a CIA asset and a DARPA contributor who fell in love with a female spy after falling from an Apache. You can't make this shit up LMAO pic.twitter.com/ZiKLOTHLmt — MORBID-19 (@JuhyukB) March 9, 2022 The ADA community breathes really hard and types fast on their keyboard when you psychoanalyze Charles Hoskinson. But, regardless, Hoskinson’s crypto knowledge shone through. He believes crypto’s biggest flaw has been its adversarial mindset. Bitcoin vs. Ethereum, crypto vs. banks. His alternative: build interoperable systems where success is mutual. “Cardano hasn’t gone down once in eight years. You can’t build real finance on unstable ground.” — Hoskinson Is Charles Hoskinson a Sociopath? Here’s an excerpt from the book Out of the Ether, about what the other Ethereum co-founders thought of Charles: (Amazon) As it states: “A pathological liar, sociopath, and someone who tried to convince the Ethereum team that he was actually Satoshi.” Well.. love him or hate him, Charles Hoskinson is crypto’s closest thing to a rock star. Unlike Vitalik, he’s turned Cardano into a brand with Bond-like flair. And while Cardano’s tech holds up, let’s be honest that it is Hoskinson’s charisma that is half the reason Cardano has Wall Street’s attention. EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways

    • Navy SEAL and YouTuber Shawn Ryan, Cardano founder Charles Hoskinson laid out his core case for Cardano and crypto in general..
    • Love him or hate him, Charles Hoskinson is crypto’s closest thing to a rock star.
    The post Charles Hoskinson: From DARPA to Cardano, Gloves Full of Bullet Ants and More appeared first on 99Bitcoins.

    DEGEN Crypto Up +20% On The Week: Are We Set For A Base Szn?

    One of the leading meme coins on the Base network, DEGEN crypto, is up nearly 20% in the last seven days, while the unofficial Base mascot, BRETT, is up 7% in the same time – signs are beginning to point toward an incoming Base altcoin ‘szn’. Currently, most on-chain attention is focused on Solana due to the recent surge in the Bonk ecosystem and the upcoming launch of the Pump.fun token, which is dominating social media’s attention. However, there is a valid reason to believe that the PUMP token could drain a significant amount of liquidity from the market, which is where Base can step in as a safe haven for on-chain degens. (COINGECKO) Base Chain Sentiment Check – DEGEN Crypto Leading The Way Right Now DEGEN crypto is one of the more well-known Base chain projects, originating from the decentralized social network Farcaster. It has quickly become the face of the social network platform while breaking out into the broader Base ecosystem. Launching in January 2024, DEGEN remained under the radar until around March of the same year, when it surged from around $0.0008 to $0.056 in less than a month, an increase of approximately 70x, which also marked its all-time high that still holds to this day. It all paid off in October last year when DEGEN crypto received a Coinbase listing, a coveted accomplishment that no other meme coin on Base has achieved to this day, including BRETT. This was monumental for the DEGEN token and helped establish it as a major player on Base, bringing with it the consistent volume that comes with being listed on one of the world’s largest centralized exchanges. DISCOVER: 20+ Next Crypto to Explode in 2025  Even in the current low-volume market, DEGEN consistently processes more than $10 million in daily trading volume, an impressive feat for a project with a market cap of just $80 million. Talking of market cap, DEGEN is down 94% from its all-time high, offering a lucrative risk-reward opportunity for a leading Base project that has suffered with the downturn across the broader market. To see a return to those March 2024 highs, DEGEN crypto needs to achieve a 15x price increase, which seems not entirely unrealistic given its nature as an established Base chain meme coin available to the 10 million+ active monthly users on Coinbase. Away from DEGEN, BRETT remains the leading meme coin on Base, boasting a $430 million market cap. It is the first Base meme coin to become a billion-dollar project, reaching a peak of $2.1 billion in December 2024. Utility On Base – GIZA Holding Well As A Leading AI Project (SOURCE) GIZA crypto burst onto the scene in June as an emerging powerhouse in the AI Agent space on Base. While dominated by the Virtuals ecosystem, GIZA stands alone as a key infrastructure protocol for intelligent, automated decentralized finance (DeFi) systems. It briefly reached $0.5 at the beginning of June, as the Base ecosystem was hot, but has since cooled off and is now trading for around $0.175. For a new project to consistently range between $10 million and $40 million in market cap, while the narrative has shifted away from Base and onto Solana and its Bonk ecosystem, it highlights the project’s strength and long-term position, as opposed to being another flash in the pan. GIZA raised $6.7 million across three separate funding rounds between 2023 and 2025, which was led by some heavy-hitting VCs, including Coin-Fund, Coinbase Ventures, and Arrington Capital. This backing has given GIZA the time and space to focus on building its AI Agent DeFi ecosystem. The project offers users the option to earn yield through its autonomous AI agents, which are deployed with hyper-intelligent trading strategies. The GIZA dashboard shows that all utility-based metrics are up for the project. Trading volume of the Agents is sitting at over $323 million, up 37% on the week, while Assets Under Agent recently surpassed $10m and is currently sitting at over $11.2m – up 16% on the week. The total number of agents and total transactions by agents have also increased over the last seven days. With the project’s continuous growth, it appears to be a great example of a Base chain token that could benefit significantly if attention and liquidity begin to flow back into the network. (SOURCE) EXPLORE: Best Meme Coin ICOs to Invest in July Join The 99Bitcoins News Discord Here For The Latest Market Updates The post DEGEN Crypto Up +20% On The Week: Are We Set For A Base Szn? appeared first on 99Bitcoins.