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

Proponents of XRP are stepping up their pitch this week, calling the token “one of the greatest wealth transfers in history.” They argue it’s more than just another crypto. You’ll hear claims that XRP is already reshaping global finance and leaving old systems in the dust. According to influencer Coach JV, Ripple is building a whole new rails for money. He says XRP isn’t here to compete with banks. It’s here to replace them. He points out that transactions on the XRP Ledger settle in 3–5 seconds and cost fractions of a penny. That beats SWIFT transfers, which can take days and cost up to $50 per payment. XRP still trades around $2,25 but that figure, he argues, won’t stay low for long if the token keeps winning regulatory approvals and new partners. XRP is the most disruptive financial technology of our lifetime. Ripple isn’t just competing with the banking system, it’s replacing it. The old system is dead. The new financial rails are being laid right before your eyes. Stay asleep and you’ll miss the greatest wealth transfer… — Coach, JV (@Coachjv_) July 2, 2025 Ripple’s Technology Versus Legacy Rails Based on reports, RippleNet now counts more than 300 financial institutions in its network. Yet daily on‑chain volumes for XRP hover around $1 billion—small next to global cross‑border flows of roughly $150 billion per day. Banks are testing the tech, but most haven’t shifted large sums yet. That gap between tests and real‑world use is one reason XRP’s price has stayed below its all‑time high for seven years. Push For Regulatory Clarity XRP backers are watching the US carefully. They see growing buzz around spot XRP ETFs. Analysts like Eric Balchunas have given those filings up to 95% odds of approval by year‑end. If an ETF hits a US exchange, they say, more money will pour in. Ripple has also been chasing money‑transmitter licenses in Europe and Asia. Every new license, they believe, brings Ripple a step closer to mainstream use. Community Calls For Patience Coach JV keeps telling followers not to panic over a stagnant price. He uses phrases like “greatest wealth transfer in history” to drive home his point. In an earlier tweet, he promised “unimaginable wealth” for anyone who holds on. Other voices, such as commentator Edoardo Farina, point out that only about 1 to 2 million people hold XRP today. That number, they say, leaves room for 100 million or more newcomers—and more buyers often means higher prices. Analysts Caution Over Hype Even so, some experts urge caution. They note that bold forecasts don’t guarantee buy‑in from big banks or regulators. An ETF approval won’t force funds to rush in overnight. And test programs don’t always turn into full rollouts. For now, XRP remains a high‑risk play. Investors should track on‑chain metrics and regulatory milestones before getting swept up in the hype. Featured image from Meta, chart from TradingView

Long‑term holders of Bitcoin may need to see a fresh high around $140,000 before they enjoy the same kind of profits they saw earlier this cycle. According to CryptoQuant, that price point lines up with past peaks in realized gains for those who have kept their coins untouched for at least six months. ‘Market Magnet’ Theory CryptoQuant used the Market Value to Realized Value (MVRV) ratio to track how deep in profit holders are right now. Based on reports, the average realized profit for long‑term holders stands at about 220%. That sounds healthy. But in March and December 2024, holders were sitting on roughly 300% and 350% gains, respectively. The gap between today’s 220% and those earlier highs is what Darkfost, a CryptoQuant contributor, calls a form of “market magnet.” Many are calling for $140,000 BTC so that unrealized profits match the cycle’s top levels. Profit‑Taking Trends Long‑term investors have been selling as Bitcoin flirts with new highs. Recent data shows that these holders have driven much of the selling pressure in the past few weeks. The average cost basis for this group — the realized price — is near $33,800. That means anyone buying before six months ago would need Bitcoin to reach $33,800 just to break even. And to hit the profit levels of March and December 2024, BTC must climb to $140,000. This dynamic pushes some traders to lock in gains early, while others hold on for bigger moves. Super Majority Still In The Green Based on reports, a super majority of Bitcoin investors are sitting on unrealized profits worth a combined $2.5 trillion. That number reflects the overall strength of the market’s recent rally. Even so, many investors remain confident that fresh buying can soak up any waves of profit‑taking. The current phase feels like a pause. Buyers and sellers are sizing each other up. The question now is whether demand will pick up enough to drive that magnet‑level price. Cycle Outlook And Next Steps Analysts said that Bitcoin looks ready for a post‑breakout retest after breaking a multi‑week downtrend that began in mid‑May. They added that the bull run might only have several months left before a final surge and then a change in trend. If this view holds, that final push could be the moment when BTC nears or even hits $140,000. After that, history suggests a sharp peak and then a cool-down. Featured image from Imagen, chart from TradingView

US regulators and market watchers are eyeing a fresh valuation study that puts XRP on track for a dramatic price surge by 2030. According to Valhil Capital’s deep‑dive report, XRP could climb from its current price into a range between $4,813 and $9,000 in just five years. That forecast hinges on a model that treats XRP not only as a quick way to move money but also as a store of value. Model Weighs Store Of Value According to the Athey & Mitchnick Model used by Valhil Capital, XRP’s role goes way beyond sending payments. The study gives much more weight to people holding XRP like they would gold. In their view, as more folks start treating XRP as a place to park money, fewer coins stay in circulation. That tight supply pushes the price higher. The model blends economic ideas, real‑world trends, and crypto market moves to arrive at its numbers. Key Figures Drive Forecast Based on reports, the model assumes daily transactions on XRP Ledger will hit $700 billion by 2030. It uses a one‑second transaction speed and the current 56.5 billion XRP supply. With a 10% discount rate and a five‑year adoption window, the study pegs a mid‑case price of $4,813 if about 10% of global payments run on XRPL. In a more bullish view, the researchers push store‑of‑value demand to $1 quadrillion, which shoots the price beyond $9,000. Even a $100 trillion demand level would land XRP at $908 per token. Virtuous Cycle Could Fuel Growth Based on reports from Valhil Capital, the so‑called Virtuous Cycle Flywheel could spark a feedback loop. First, higher use of XRP for cross‑border payments and FX trades drives up demand. Then, price gains lure more holders to lock away their coins, shrinking the free float. That scarcity pushes prices even higher. As value climbs, new use cases could pop up, drawing in more users and adding another spin to the cycle. Regulation And Competition Loom Large XRP’s path to mass use isn’t smooth. Legal questions still swirl around its status in the US and elsewhere. That uncertainty may scare off big financial players. Plus, central bank digital currencies, stablecoins, and rival blockchains are all chasing the same slice of the cross‑border market. Valhil Capital calls its forecast “conservative” because it skips markets like derivatives and real estate. Yet it also admits it can’t guess future rules or fresh ways people might use XRP. Featured image from Unsplash, chart from TradingView

US financial advisor Ric Edelman has upped his Bitcoin recommendation from a cautious 1% to a bold 10–40% of investors’ portfolios. He points to the January 2024 launch of US Bitcoin spot ETFs, which funneled in more than $10  billion in their opening months, as proof that digital assets are here to stay. Having watched governments and major firms embrace crypto, he now believes the risks that once held him back are largely behind us. Strong Growth In Bitcoin ETFs According to reports, the launch of US Bitcoin spot exchange‑traded funds in January 2024 opened the floodgates. These ETFs have drawn in billions of dollars and put digital currency at the front of many investors’ minds. Sales figures show that ETFs poured in more than $10 billion in their first months on the market. Those numbers have convinced many that Bitcoin is no longer a niche play. Major Players Show Their Hand Based on interviews and filings, nation‑states like Pakistan and the UAE have started to add Bitcoin to their reserves. Public companies such as MicroStrategy (now Strategy) and Metaplanet keep buying more coins, while big finance names—Barclays Bank, Avenir, and Goldman Sachs—have dipped their toes in through those same ETFs. This level of interest would have sounded impossible back in 2020 when Bitcoin was still seen as an experiment. Questioning The 60/40 Rule Edelman pointed out that the classic 60% stocks and 40% bonds formula isn’t cutting it anymore. With people living longer and bond yields at historic lows, retirement accounts are in need of a boost. He contends that Bitcoin’s gains over the past decade have outpaced every other major asset class. Based on charts, Bitcoin climbed over 1,400% between 2015 and 2025, while the S&P 500 posted around 250% in the same span. Bold Price Goals On The Table Analysts aren’t holding back when it comes to price targets. Some see Bitcoin hitting $500,000 or $1  million in this cycle. High‑profile backers go even further—Michael Saylor has talked about $13  million per coin if certain on‑chain signals line up. These figures sound wild. They also explain why a 40% allocation could feel tempting to aggressive investors. Balancing Risk And Reward Still, experts warn that Bitcoin’s swings remain sharp. Prices can rise or fall by 20% in a day. A 40% weighting means big gains when markets rally and big losses when they drop. Many advisors suggest a smaller 5–10% Bitcoin holding for those who want some upside without risking their entire nest egg. What This Means Based on reports from the Digital Asset Council of Financial Advisors, everyday investors might not need to go all‑in just yet. A gradual approach can help you learn the market and adjust if volatility spikes. It’s a fast‑moving scene, so keeping an eye on ETF inflows, regulatory updates, and network health will be key. Featured image from Unsplash, chart from TradingView

As crypto prices see a new rebound with Bitcoin (BTC) leading the pack, US investors are not only anticipating significant returns on BTC and other digital assets but also facing increased scrutiny from the Internal Revenue Service (IRS).  Recent reports indicate that the Internal Revenue Service has dispatched a wave of warning letters to crypto investors, raising alarms about the accuracy of the information they provided on their tax returns. Crypto Tax Inquiries Skyrocket In the past two months, the number of these warning letters has spiked, signaling a renewed focus on digital asset reporting. Crypto tax experts have noted that this uptick is markedly higher than in previous years.  David Kemmerer, co-founder and CEO of CoinLedger, reported a dramatic increase in support inquiries related to IRS communications. From May to June, conversations on CoinLedger about “IRS letters” surged to nearly 800, a ninefold increase compared to the same timeframe in 2024. Kemmerer explained, “Thousands of investors are getting these letters. Naturally, when that happens, we see a flood of customers coming to us asking, ‘What do I do?’”  This sentiment is echoed by two crypto tax attorneys, Jordan Bass and Andrew Gordon, who have also observed a noticeable rise in inquiries regarding these IRS notifications.  Bass mentioned that his firm received inquiries from at least ten recipients of the letters in the last two months, a significant increase from the previous year when no inquiries were reported. IRS Warning Letters The IRS has a history of intensifying its efforts to ensure compliance among cryptocurrency investors. Following the agency’s acquisition of thousands of customer records from Coinbase in 2017, it implemented a series of “voluntary compliance” letters aimed at encouraging accurate reporting among investors.  The latest notices inform recipients that the Internal Revenue Service possesses information indicating they hold “one or more accounts containing virtual currency.”  While some letters advise recipients to review their reporting for accuracy, others require a response, either through amended returns or explanations justifying their reported transactions. Interestingly, Gordon noted a potential commonality among recent recipients of the letters, many of whom had accounts on the Seychelles-based crypto exchange Poloniex, raising questions about the data the IRS may have accessed to trigger these communications. Kemmerer speculated that the increased outreach from the IRS typically follows the agency acquiring new data, suggesting that the notices might be part of broader enforcement efforts. “I’m sure there are just people randomly getting selected, and the lucky ones get these scary letters,” he said. Featured image from DALL-E, chart from TradingView.com 

Bitcoin briefly climbed back above $100,000 this month, pushing close to the $108,000 level before a new pullback. The move looks strong on the surface. But based on reports from Glassnode, much of that surge came from traders using borrowed funds, not fresh buyers piling in. Speculative Bets Fuel Recent Rally According to on-chain data, late-June’s volume on Bitcoin futures stayed high as prices marched upward. Traders betting on short-term gains drove the market, even as the excitement behind the rally faded. Funding rates and the three-month futures basis both moved lower, signaling less bullish conviction. In other words, fewer people were making big, long bets on Bitcoin these days. Spot Market Remains Quiet Spot trading did not follow the futures boom. At its $111,910 peak in May, daily spot volume hovered around $7.65 billion. That’s well below the previous cycle highs, which topped $20 billion on some days. Based on reports, new cash from retail or long-term holders stayed on the sidelines instead of flooding in. Institutional Buyers Still Adding Big firms did keep buying. This week saw Michael Saylor’s Strategy, Metaplanet and ProCap BTC together pick up about $1 billion worth of Bitcoin. At the same time, US-listed Bitcoin ETFs bought over $1.5 billion in fresh supply. Those steady purchases hint at genuine interest from institutions, even if short-term traders set the pace recently. Supply Tightness Could Drive Prices Glassnode now shows just 7 million BTC left freely available on exchanges. Roughly 14 million BTC are held by people who haven’t moved their coins in ages. That supply squeeze could support prices if demand holds up. But it also means any sudden sell-off might hit hard when exchange wallets run low. What Comes Next For Bitcoin All in all, the recent jump above $100,000 feels more like a sprint by margin players than a marathon fueled by new believers. Corrections often follow rallies driven by heavy margin activity. Yet, the ongoing buying by big companies and ETFs offers a buffer. If they keep at it, Bitcoin may need a breather now but could rally again later. As of June 28, Bitcoin traded at $106,500, down 0.85% on the day. Market watchers will be looking for a return of fresh spot demand or a stabilizing of futures bets before declaring the uptrend back on solid ground. Featured image from Unsplash, chart from TradingView