President Donald Trump’s social media company announced on Tuesday plans to launch a new crypto exchange-traded fund (ETF) that will track the prices of five different cryptocurrencies. The company filed paperwork with the US Securities and Exchange Commission (SEC) on Tuesday, aiming for approval to introduce the “Crypto Blue Chip ETF” later this year. New Crypto Blue Chip ETF The proposed crypto ETF is designed to allocate 70% of its holdings in Bitcoin (BTC), the leading cryptocurrency, with an additional 15% in Ethereum (ETH), the second-largest digital asset. It will also include 8% in Solana (SOL), hold 5% in XRP, the cryptocurrency developed by Ripple Labs, and 2% in the digital asset created by Crypto.com (CRO), which is set to serve as the ETF’s digital custodian. This latest offering follows Trump Media’s earlier announcements about a simpler crypto ETF that only included Bitcoin and Ethereum. However, it remains unclear whether the company intends to proceed with that initial concept. Crypto ETFs have surged in popularity, providing investors a streamlined way to gain exposure to the crypto market without the need to purchase the assets directly. The increasing interest in these funds has been evident since the first Bitcoin ETFs began trading in US markets last year. Trump’s Crypto Strategy For The US Recent developments in regulatory guidance from the SEC could further facilitate the launch of such products. The agency has made moves towards creating a more favorable environment for crypto businesses, including dropping or pausing several enforcement actions against crypto companies since Trump took office. Over the past month, the regulatory agency, under the leadership of pro-crypto SEC Chairman Paul Atkins, has moved forward to end legal disputes with key players, such as Binance, Coinbase, and Uniswap. Interestingly, Trump’s stance on Bitcoin has evolved significantly as well. Once a skeptic of cryptocurrencies, he has since embraced the industry, which has become a source of substantial campaign contributions and support. While the Trump administration has actively supported crypto-friendly regulations, this has raised eyebrows among critics. Allegations of potential corruption have emerged from Democrats, alongside concerns from some within the crypto community about the implications of Trump’s family’s expanding crypto business ventures. At a recent news conference, Trump addressed these concerns, asserting that his family’s investments were entirely appropriate and highlighting his administration’s commitment to making the US the global leader in cryptocurrency. “If we didn’t have it, China would,” the President said. At the time of writing, the official TRUMP memecoin is trading at $8.58. This represents a 17% drop over the past month and an 88% drop from its record high of $73, which was reached 24 hours after the token’s launch. Featured image from DALL-E, chart from TradingView.com
Tokenised stocks are emerging as the next growth area for decentralised finance (DeFi). Major firms such as Robinhood, Kraken, and […]
Shaurya serves as co-leader of the CoinDesk tokens and data team in Asia. He specializes in crypto derivatives, decentralized finance […]
App/ProtocolUtilityNotesXverse walletBest Wallet for STXEasy to use & offers native staking with yield in BTCKuCoin, BybitCrypto exchange to buy STX tokenOption to withdraw natively on Stacks blockchainStackingDaoSTX Liquid StakingFirst Liquid Staking platform for STXLisalabSTX Liquid StakingOffers LST token & is offered by an established brand of STX ecosystemAlexlabDEX, Launchpad, and more–ArkadikoMint stablecoin with Liquid Staked tokenI don’t like this idea as this will eventually create a bubble.StackspulseReal-time on-chain Stats for Stacks DeFi.Useful to discover growing DAPPS on StacksSTXToolsBirdeye of Stacks EcosystemFor Traders and InvestorsStacks Ecosystem Twitter listTwitter list to follow Stacks-related updatesA list managed by Your’s truly, Mr. Creatonics
Extending my series on Bitcoin Layer 2 solutions, today we are going to be looking at Stacks blockchain DeFi apps. Stacks is a leading Layer 2 blockchain solution for Bitcoin, and a ton of new DeFi apps are being launched on this blockchain. Stacks has a token called STX, and currently, it is trading at a rate of $2.51 on multiple major exchanges.
As these DeFi apps on Stacks (STX) grow in popularity, STX should see significant demand. Other Bitcoin Layer 2 solutions are being worked upon, but nothing has come up as close to what Stacks has achieved. It is good to be early in any industry, but at the same time, it is more important to be cautious and open-minded about new innovation and product-market fit.
These Layer 2 solutions will help in Bitcoin adoption; otherwise, Bitcoin might majorly become a store of value. For the medium of exchange, stablecoins are more popular, and all the DeFi action is happening on Ethereum and ETH Layer 2 solutions, or in the Solana ecosystem.
So, in a nutshell, Stacks and other Layer 2 solutions for Bitcoin will pave the way for more usage of the Bitcoin blockchain.
Here is an excerpt from Aaron.D article about Stacks:
There are a few well-known scaling projects dedicated to helping Bitcoin scale. Lightning, RSK, Liquid BTC, and Stacks stand out among these projects. Lightning is in its own league as engineers designed it to bring much cheaper transactions to Bitcoin. Meanwhile, RSK, Stacks, and Liquid BTC bring additional functionality to Bitcoin, like smart contracts, tokens, and asset issuance.
Anyways, think of this guide as your beginner guide to make most out of Stacks ecosystem. Use this as a basis of research, and If the response is good, I will do a deep dive on STX and Stacks in the future articles.
Best STX Wallet: (Stacks Wallet)
Xverse Wallet – Leading wallet for Bitcoin Web3
This is by far one of the best wallets that you can use to interact with Stacks DeFi apps. Xverse is the leading wallet for Bitcoin Web3, enabling users to connect to apps, safely store and send Ordinals and BRC20 tokens, earn BTC rewards with Stacks, and soon enjoy instant payments with the Lightning network.
One least talked-about but most important feature of the Xverse wallet is that you can stake STX from the wallet and earn rewards in BTC. This is what makes STX very interesting, and if Bitcoin truly becomes a distant dream for many to acquire, STX might be used as a way for a lot of users to accumulate BTC.
Xverse is available on all major platform such as iOS, Android and also as a chrome app.
>>>> Download STX Wallet <<<<
Xverse also works with Ledger on desktop, and here is a guide for the same. I have not tested it, and rather created a new wallet to use the STX ecosystem.
If you are looking for other wallets, here are three other wallets that are supported by majority of Stacks DeFi apps. I personally like Xverse because they have been the north star in the growth of Stacks ecosystem.
Crypto adoption is accelerating around the world. And with it, a wave of well-funded projects keeps promising financial inclusion in Africa. For years, they’ve pledged to serve the unbanked. But all too often, they deliver little more than press releases and abandoned Telegram groups. The users, the very people these tools were meant for — are left behind. The Illusion of Inclusion Too many crypto ventures treat Africa as a monolith, a single user base waiting to be “onboarded.” They arrive with ready-made products, pre-written success metrics, and no real plan for the infrastructure gaps that define financial life for over a billion people. After assessing the ground realities, seeing both the promise and the pain of what happens when tech is exported to various regions without understanding the context, I chose a different path. I’ve spent time, not weeks, but years, listening, learning, and building with the people already working to solve complex problems in their communities. I’ve also spent considerable time working with local leaders and developers in some of the continent’s major cities. I observed a recurring pattern: foreign teams land in Africa with pre-baked products and try to scale without understanding the region’s needs. That observation helped me understand a broader truth: many Western crypto firms drop in, conduct a few workshops, sign MOUs, and leave behind an underused app. The Infrastructure Blind Spot The problem isn’t intent — it’s execution. Too few crypto firms are willing to slow down and understand how deeply infrastructure shapes access. From smartphone penetration to unreliable electricity, high data costs, complex politics, and informal economies — the challenges are real. What’s missing isn’t capital. It’s humility and patience. Africa is full of developers, entrepreneurs, and problem-solvers who understand local financial systems better than anyone else. But instead of supporting them, the industry keeps recycling the same playbook: energy-intensive mining, pump-and-dump tokens, and carbon-offset greenwashing. Take microtransactions. In parts of Africa like Chad and Niger — where liquidity is fragmented and traditional banking often fails — people don’t need speculative assets. They need simple, low-cost ways to move money. Yet how many blockchain projects are building for these real-world use cases? The number is near zero. From Theory to Deployment In regions where traditional financial infrastructure is fragmented and expensive, developers are building tools that work within real constraints, offline transactions, low-bandwidth environments, and local agent networks. These systems aren’t speculative, they’re pragmatic. The most effective models are those where local teams lead the design and implementation, while external partners support from the background, not from the top down. Inclusion also means thinking differently about how value flows. In some regions, payment systems are being structured to route a portion of transaction fees back to the communities that maintain the underlying environmental or logistical infrastructure. Not as charity, but as built-in redistribution. These are not pilot programs, they’re blueprints for more just digital economies. Sustainability is another area where crypto has failed Africa. In places where electricity is fragile or expensive, blockchain systems must be energy-efficient by design. There are blockchain consensus models now being tested that only reward participation powered by certified renewable energy, flipping the default from energy-intensive to regenerative. Sustainability can’t be bolted on as an afterthought. It has to be built in from the beginning. If blockchain is going to work in Africa, it can’t behave like an extractive industry. It has to give back, economically, environmentally, and structurally. There is no future for this technology here unless it actively reduces harm. What Africa Actually Needs The uncomfortable truth is that Africa doesn’t need another wallet app, another remittance protocol designed for VC returns, or an on-chain savings account. It needs patient capital. It needs tools that are culturally embedded. And it needs collaboration with African talent from day one. This means empowering developers and not forcing them to adopt someone else’s app. It also means helping to translate documentation into the local language and debugging in low-bandwidth environments. It means recognizing that crypto isn’t something we bring to Africa, it’s already here. Crypto doesn’t have to repeat Web2’s past mistakes. If we’re all serious about decentralization, we must stop talking about “bringing crypto to Africa” and start discussing how to learn from local talent and invest in the crypto already built there. Africa doesn’t need saving. It needs respect, collaboration, and a seat at the table. About the Author Dr. Philip Blazdell is the CEO of FEDROK AG, a Swiss blockchain company focused on carbon credit tokenization and green infrastructure. With nearly three decades of experience in strategic business development, he has led innovation projects across emerging and developed markets, working at the intersection of technology, sustainability, and financial inclusion. A former visiting professor at UFC in Brazil, Dr. Blazdell holds a PhD in engineering and is a Chartered Engineer and Six Sigma Black Belt. He has spent years working directly with developers and community leaders across Africa, Latin America, and the Pacific, bringing a grounded, systems-level perspective to technology deployment in complex environments. The post Africa Doesn’t Need Another Wallet App: It Needs a Seat at the Table (Op-ed) appeared first on CryptoPotato.
Ethereum approaches a key breakout point near $3,100 as market momentum builds in 2025.Ethereum (ETH) is once again in the spotlight as its price edges closer to the $3,100 mark — a level that traders and analysts have been eyeing closely. After a relatively quiet period, ETH is showing signs of strength, and many are wondering whether a larger move is just around the corner.The recent momentum isn’t just speculative noise. As detailed in this CoinCodeCap analysis, Ethereum’s price structure has shifted in a way that suggests something more sustainable. The $3,100 resistance has become a key focus, and if it’s convincingly broken, it could open the door to higher targets in the $3,300 to $3,500 range.Why the $3,100 Level MattersThis isn’t the first time Ethereum has approached this zone. The $3,100 level has often served as an important resistance and support point. If ETH breaks through it now, especially with strong volume, it will probably draw more buyers and boost confidence in its medium-term outlook.Technically speaking, ETH has been climbing with higher lows, reclaiming important moving averages, and showing relatively strong volume. That’s a solid foundation to build on, but as always, confirmation is key.The Bigger Picture: Fundamentals Are Still StrongIn this regard, Ethereum is developing technically. The network continues to be a forerunner in DeFi, NFTs, and smart contracts- all areas still rapidly evolving.
Layer 2 solutions such as Arbitrum, Optimism, and Base are also scaling Ethereum, thereby increasing efficiency and reducing costs. These improvements will matter more in the coming days with the increased entry of users and developers into the ecosystem.On top of that, ETH’s transition to Proof-of-Stake has started to impact supply dynamics. With more tokens locked in staking, the circulating supply is reduced — which can support price growth over time, especially during periods of rising demand.Institutions Are Taking NoticeWhereas Ethereum has remained strong in building developer support, 2025 seems promising for more interest to be held by establishments. After ETF approval for Bitcoins earlier this year, the expectations are rapidly rising about the day a spot ETH ETF shall be approved.There are increasing considerations of Ethereum in long-term investment plans. From hedge funds to fintech platforms, ETH is considered more and more with the core infrastructure of the future of Web3.Macro Factors Still in PlayBroader market conditions always matter, and they will keep shaping sentiment. Big-picture issues like the world economy, new rules, and interest-rate moves still move people, investors, and prices. Historically, Ethereum gains when Bitcoin runs; with BTC holding important support levels in 2025, ETH may ride that wave upward.Still, many traders are watching closely to see whether ETH can flip $3,100 into support before getting too excited.Outlook: Cautious OptimismEthereum is gaining real momentum. Its technical setup is getting better, institutional interest is increasing, and on-chain fundamentals remain strong. These conditions create a chance for ETH to make a significant move.Whether it breaks out immediately or takes more time to consolidate, many believe Ethereum is gearing up for the next leg of its long-term growth. As also noted in this Ethereum price analysis, this isn’t just about price action. It’s about Ethereum’s evolving role in a broader crypto cycle that’s still unfolding.You can read the full analysis on CoinCodeCap: https://coincodecap.com/eth-next-target-revealed-as-ethereum-leaps-for-3100Ethereum Price Outlook 2025: Is ETH Ready to Break the $3,100 Barrier? was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
Ethereum (ETH) is up more than 8% over the past 48 hours, climbing from around $2,400 on July 1 to nearly $2,600 at the time of writing. The latest on-chain analysis reveals that both accumulation addresses and liquid staking volume are approaching all-time highs (ATH), fueling optimism that ETH’s price may soon follow. Ethereum Liquid Staking, Accumulation Addresses Nearing Historic Highs According to a recent CryptoQuant Quicktake post by contributor Carmelo_Aleman, Ethereum’s liquid staking activity has seen a notable increase since June 1. The total amount of ETH staked rose from 34.54 million to 35.52 million by June 30 – an increase of nearly one million ETH in just one month. As of July 1, ETH set a new record in liquid staking, reaching 35.56 million ETH. A closer look suggests that most accumulation addresses are linked to institutional investors, exchange-traded funds (ETFs), and other large holders. Many of these investors choose to earn yield through liquid staking while waiting for substantial price appreciation. Among the biggest beneficiaries of this trend are decentralized finance (DeFi) protocols like Lido and Binance Liquid Staking, known for their scale and investor-friendly features. In addition to the rise in liquid staking, ETH accumulation addresses are also nearing record highs. As shown in the following ETH Cohort Study chart, these addresses grew 35.97% – from 16.72 million on June 1 to 22.74 million by June 30. For the uninitiated, Ethereum accumulation addresses are wallets that acquire and hold ETH without significant outgoing transactions, often excluding known exchange, miner, or smart contract addresses. These addresses typically signal long-term investor confidence, as they represent entities accumulating ETH without actively selling. Also worth highlighting is that the Realized Price of these accumulation addresses – their average acquisition cost – stood at $2,114 on July 1. As ETH trades at $2,593 at the time of writing, these accumulation addresses are sitting on a healthy profit of approximately 22.65%. ETH Primed For A Breakout? Technical analysis suggests that ETH could be poised for a breakout in the near term. In a recent post, crypto analyst Titan of Crypto pointed out that ETH appears ready to break out of a broadening wedge pattern on the weekly chart, with a potential upside target of $4,200. Institutional interest in Ethereum also appears to be strengthening. Notably, ETH may have found its own “MicroStrategy moment,” with Tom Lee and Joe Lubin revealing plans to accumulate significant ETH positions. That said, ETH must maintain support above the $2,200 level. A breakdown below this threshold could open the door for a drop to as low as $1,160. At press time, ETH is trading at $2,593, up 1.7% in the past 24 hours.
Developers believe DeFi is moving away from initial ideals, focusing more on merging with traditional finance. Institutions are directing funds […]
Hashflow is dominating crypto headlines after its native token, HFT, soared 80% in 24 hours, closing above key resistance levels. Will the HFT DeFi token continue pushing higher on favorable Solana integrations and regulatory tailwinds? Bitcoin, Ethereum, and some of the best cryptos to buy, including Solana and XRP, were capped yesterday. To put it in numbers, BTC ▼-1.51% failed to follow through and close above $109,000. On the other hand, ETH ▼-3.24% is still trading below $2,500. At the same time, XRP ▼-2.88% is trading below $2.5 and, though bullish, has been moving sideways. Meanwhile, SOL ▼-4.53% is firm but stable, adding less than 2% in the past 24 hours. Even so, it is up nearly 8% in the previous week of trading. Although top altcoins might appear mostly flat, Hashflow is stealing the limelight following yesterday’s surge. At spot rates, HFT1 (No data), the native token of the multichain DEX, is up an impressive 80%, topping gains. With this push higher on June 30, HFT is up nearly 190% in the past month and trading within a bullish breakout formation. HFT1PriceHFT124h7d30d1yAll time Most importantly for HFT, the gains of the past three days have lifted prices above key liquidation levels, setting the base for another potential moonshot to December 2024 highs. Trading volume is quickly picking up, and though there may have been some profit-taking, as indicated by the long upper wick in the daily chart, the uptrend has been set in motion. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Understanding Hashflow and HFT Hashflow is a multichain DEX that launched in April 2021. While Uniswap and PancakeSwap may dominate in trading volume, Hashflow offers high interoperability and claims to provide zero slippage, all while shielding traders against maximal extractable value (MEV) bots. In a field saturated with multiple DEXes, Hashflow stands out using the Request-for-Quote (RFQ) model. In this arrangement, professional market makers manage liquidity in on-chain pools, guaranteeing prices without slippage. Liquidity is further boosted by their use of intent-based Smart Order Routing (SOR), allowing access to most tokens. The DEX serves some of the top blockchains, including Ethereum, Arbitrum, Avalanche, and the BNB Chain. However, according to DeFiLlama data as of July 1, Hashflow is more dominant on Ethereum and, to some extent, Arbitrum. It manages $620,000 worth of assets, with over $478,000 on Ethereum. As of July 1, Hashflow claimed to have processed over $25 billion in RFQ volume, all while integrating with more than 30 protocols. Altogether, they have offered more than $500 million in liquidity. (Source) DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 Why is HFT Crypto Rallying? There are no specific triggers explaining the sharp spike in valuation over the past three days. According to DeFiLlama, over 80% of HFT tokens have been unlocked. This means holders shouldn’t expect a supply spike that could slow down growth. (Source) Per their vesting schedule, 9.7 million HFT will be unlocked on July 7 and once every month thereafter until November 2026. Hashflow has also deepened its integrations within the Solana ecosystem. The DEX has partnered with some of the top players in the expansive Solana ecosystem, joining hands with Jupiter, Kamino, and Titan. With this expansion, their cross-chain trading efficiency has increased, attracting more users and, thus, liquidity. Overall, Solana has a thriving ecosystem and anchors meme coin trading. If there is a boom in meme coin activity, as seen in 2024, Hashflow could offer a route for efficient and low-fee trading of some of the top Solana meme coins. Because of the last meme coin boom in Solana, Raydium (RAY) soared thanks to Pump.fun activity. Hashflow is growing fast in the Solana ecosystem Binance now supports $HFT on Solana and so do we. We’ve already integrated with Jupiter, Kamino, and Titan. More integrations are coming. Where should we deploy next? Drop your picks — hashflow (@hashflow) June 30, 2025 Additionally, Hashflow is riding on the Binance brand. It is a Launchpool project, and by default, HFT is listed on the world’s largest exchange, benefiting from high visibility. This exposure means investors can easily buy HFT, a move that has been pivotal in amplifying its market presence. In the days ahead, Hashflow, together with other DeFi tokens, could benefit immensely from regulatory tailwinds in the United States. With the GENIUS Act passed in the Senate, experts expect more DeFi innovation thanks to reduced compliance burdens. This is a massive boost for Hashflow, paving the way for institutions to get involved. Paul Atkins, the SEC chairman, has already said DeFi helps promote financial inclusion and innovation. Key points from Chairman Paul Atkins’ remarks today at “DeFi and the American Spirit,” SEC’s Crypto Task Force Roundtable on Decentralized Finance – a — U.S. Securities and Exchange Commission (@SECGov) June 9, 2025 The regulator’s stance has changed, unlike in the previous administration, which means HFT is not at risk of being listed as an unregistered security. DISCOVER: Best New Cryptocurrencies to Invest in 2025 – Top New Crypto Coins Hashflow Crypto Dominant, HFT DeFi Token Up 80% In 24 Hours
R3 and Solana have formed a partnership to integrate the Corda platform with the public Solana Blockchain. The alliance aims […]