TLDR;

• US Stock market rally became Trump’s main economic message as he linked gains in the S&P 500, Nasdaq and Dow to tax cuts and investment.
• Bitcoin’s move near $62,000 showed how weaker jobs data and lower rate fears can quickly support risk assets after heavy volatility.
• The Trump economy narrative now connects traditional markets with crypto market sentiment, especially as traders watch Fed policy signals.
• Policy risk still matters as the CLARITY Act, tariff talks and AI-linked earnings could shape market direction through the second half of 2026.

Donald Trump framed the US Stock market rally as evidence that his economic agenda is gaining traction. He said stronger markets, tax cuts, exports and private investment showed the economy had entered a new growth phase. The comments landed as risk assets also improved. 

Bitcoin traded near $62,444, while Ethereum was around $1,624.95 and XRP traded close to $1.059 at last check. The move followed a volatile second quarter, with traders now linking equities, crypto market sentiment and Federal Reserve expectations more closely. It also put Trump’s economic message back at the center of market debate.

US Stock Market Rally Gives Trump A Golden Age Message

Trump said the US Stock market rally had delivered the strongest quarter for major indexes since his previous presidency. He pointed to gains in the S&P 500, Nasdaq Composite and Dow Jones Industrial Average. He also said stronger 401(k) balances were helping households feel the impact of the market rebound. 

Market data gives that claim a strong backdrop. According to market data, the S&P 500 gained 14.9% in the second quarter, while the Nasdaq climbed 21.4%. The Dow rose about 13%, marking its biggest quarterly jump since 2022. MarketWatch data shows Dow ended the first half with its strongest performance since 2021. 

Trump tied the Trump economy message to tax cuts for working families, rising exports and a smaller trade gap. He also said trillions of dollars in announced investment were supporting factories, jobs and domestic production. His “Golden Age” framing came as the U.S. prepared to mark its 250th Independence Day.

The US Stock market rally also reflected optimism around earnings and economic growth. Technology and semiconductor shares helped drive the second-quarter advance. Still, the rally has carried valuation concerns, especially as artificial intelligence spending shapes investor expectations across Wall Street.

US Stock Market Rally Links Rates, Crypto and Policy Risk

The US Stock market rally received another lift after softer jobs data reduced near-term rate fears. According to reports, the U.S. economy added 57,000 jobs in June, below the 110,000 estimate. Rate-hike expectations for September then fell to 55% from 64.1%, according to CME FedWatch.

That shift also supported the crypto market. Lower borrowing costs usually help risk assets, as traders seek higher-return areas when liquidity expectations improve. Bitcoin’s rebound near $62,000 showed how quickly macro signals can spill into digital assets after a sharp selloff.

A reported 76% correlation between Bitcoin and gold has also kept the hedge debate active. Some investors view both assets as protection against policy uncertainty and inflation risk. Yet Bitcoin still trades with higher volatility than gold, making the comparison useful but limited.

Policy is another driver. Congress is still debating digital asset rules through the CLARITY Act, while institutional crypto adoption expands. The Trump administration has also signaled a friendlier regulatory stance toward the sector. For traders, the next tests include Fed decisions, tariff talks and earnings from AI-linked companies.

Germany’s cooperative banking network has begun offering cryptocurrency trading through DZ Bank, opening digital asset access to millions of retail customers across the country.

According to a Bloomberg report, the rollout gives customers of participating cooperative banks the ability to buy and sell cryptocurrencies directly through their existing banking relationships rather than using dedicated crypto exchanges.

The service is already being introduced through a platform developed by DZ Bank and currently supports cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Cardano.

The expansion comes as Germany’s banking sector gradually changes its stance on digital assets after years of avoiding retail crypto services because of concerns over market volatility and investor protection. Instead of remaining on the sidelines, cooperative banks are now integrating crypto trading into their existing banking platforms, with each member institution deciding independently whether to make the service available.

Why are German banks expanding crypto services?

Representatives from DZ Bank told Bloomberg that interest from member institutions has been strong, with hundreds of cooperative banks expected to introduce cryptocurrency trading over time. While participation remains optional, the report said the level of demand suggests the service could become available across a large part of Germany’s cooperative banking network.

Elsewhere in the sector, DekaBank is preparing a comparable crypto trading platform for Germany’s savings banks. According to Bloomberg, the launch is scheduled for later this year and will be introduced in stages as individual savings banks choose whether to participate.

Supporters of the banking-led approach argue that customers may feel more comfortable buying digital assets through financial institutions they already use for everyday banking. Bloomberg cited survey data showing German consumers trust their primary bank more than twice as much as dedicated cryptocurrency trading platforms.

Banks also see digital assets as a way to appeal to younger customers who increasingly expect investment products to be available through digital banking applications. Offering crypto trading alongside traditional financial services could help lenders compete as cryptocurrencies become more common in mainstream finance, according to the report.

What challenges still face Germany’s crypto market?

Despite the growing availability of crypto trading through banks, critics continue to warn about the risks associated with digital assets. Bloomberg reported that academics and banking industry groups have maintained that cryptocurrencies remain highly speculative investments capable of generating substantial losses.

Germany’s savings banks association has also emphasized that crypto trading is intended only for self-directed customers who understand the risks involved and can make their own investment decisions without advisory services.

The banking expansion comes as Germany considers changes to its tax treatment of digital assets. As crypto.news reported earlier, Finance Minister Lars Klingbeil said during the presentation of Germany’s 2027 federal budget on April 29 that the government plans to “tax cryptocurrencies differently” as part of measures expected to raise an additional €2 billion, or about $2.3 billion, while strengthening efforts against financial and tax crime.

Under Germany’s current tax rules, profits from private cryptocurrency sales are generally taxed when assets are sold within one year of purchase. Crypto.news previously reported that digital assets held for more than 12 months are usually exempt from capital gains tax, a policy that has long made Germany one of Europe’s more attractive jurisdictions for long-term cryptocurrency investors.

TLDR;

• XRP price prediction now depends on whether bulls can defend the $1.13 area and push the token through the $1.28 to $1.29 neckline.
• XRP has formed two major lows near $1.05 and $1.0092, with weaker selling volume on the second drop suggesting pressure may be fading.
• CoinGlass data shows XRP futures volume above $2 billion and open interest near $2.54 billion, keeping volatility risk high.
• XRP-linked ETFs added $59.4 million in June, while the Clarity Act debate still shapes sentiment around crypto market rules.

XRP price prediction has moved back into focus after the token reclaimed the $1.13 area and tested early signs of a bullish reversal. XRP is trading near $1.145, up by 4% over 24 hours, with spot volume near $477.5 million and futures volume above $2.19 billion. Open interest stood around $2.54 billion, showing traders still hold large leveraged positions.

The rebound comes after months of pressure across the XRP price chart. Buyers now need a clear move above the $1.29 neckline to confirm the developing double bottom. Without that breakout, the current bounce still sits inside a wider bearish structure.

XRP Price Prediction Turns on $1.29 Neckline Breakout

XRP first lost the $1.28 to $1.30 support zone in late May. That move pushed the token toward $1.05 in early June, where sellers drove heavy volume. The first drop came with stronger trading activity, showing aggressive exits.

The second low came on June 26, when XRP touched $1.0092. This low moved slightly under the first bottom, which can mark a bear trap. Sellers broke support, yet they failed to hold price under that level.

Volume also gives the pattern more weight. The second drop came with lower selling volume than the early June move. That shift often suggests sellers are losing control, even as price prints a lower low.

The XRP price prediction now centers on the neckline at $1.28 to $1.29. A daily close above that range would confirm the double bottom and open a possible move toward $1.57. That target comes from adding the pattern depth to the neckline.

Before that, XRP faces resistance near $1.17 and $1.18. The 44-day moving average sits in this zone, while Fibonacci data also points to selling pressure nearby. Holder data shows large XRP clusters between $1.18 and $1.22, which may slow any rally.

ETF Flows and Clarity Act Keep XRP Price in Focus

XRP price prediction also depends on whether fund flows keep supporting the market. XRP-linked ETFs added $59.4 million in June, marking a third straight month of inflows, according to SoSoValue data.

Those flows stand out as Bitcoin and Ether funds faced heavier pressure. ETF demand can reduce available supply over time, especially when exchange outflows rise. Still, daily inflows alone rarely move price unless broader market sentiment improves.

Regulation adds another layer to the setup. The Major County Sheriffs of America shifted its stance on the Clarity Act to neutral after concerns around Section 604 were partly addressed. Section 604 relates to protections for non-custodial developers under the Blockchain Regulatory Certainty Act.

The group still wants changes tied to state and local law enforcement resources. That keeps the bill in focus for crypto traders, as market structure rules can affect long-term XRP sentiment.

For now, support sits near $1.00 to $1.13. Resistance stands at $1.40, followed by $1.88 if buyers clear the neckline first. Weekly chart projections point to higher zones near $3.27, $8.17, and $17.16, but those levels need a sustained breakout above recent highs.

Bitcoin billionaire investor Tim Draper has pushed back against blockchain analytics claims that he moved a large amount of BTC to Coinbase Prime. Draper told Cointelegraph, “Haven’t touched my BTC,” adding that he still expects Bitcoin to reach $250,000 within one year.

The denial follows a report from Lookonchain that a wallet “possibly linked” to Draper sent 1,000 BTC—valued at roughly $62 million at the time of reporting—into Coinbase Prime, based on address data traced using Arkham. The episode underscores how quickly on-chain intelligence can surface high-profile wallet activity, while also highlighting the difficulty of proving wallet ownership with certainty.

Key takeaways

• Tim Draper denied involvement after Lookonchain and Arkham-linked attribution pointed to a wallet “possibly linked” to him sending 1,000 BTC to Coinbase Prime.
• Arkham’s AI entity prediction labels wallet ownership with confidence levels, meaning attribution may be probabilistic rather than definitive.
• The highlighted transfers show repeated interaction between a wallet and Coinbase Prime over the past year, including a 1,000 BTC movement reported as occurring on July 9, 2025.
• Draper reiterated a $250,000 Bitcoin target, despite a multi-year history of price-timeline forecasts missing earlier deadlines.

Analytics flags a possible Draper-linked transfer

Lookonchain’s Friday report drew attention to a transfer of 1,000 BTC into Coinbase Prime, describing the source wallet as “possibly linked” to Tim Draper. The claim relied on Arkham’s wallet labeling and on-chain tracing, with Arkham presenting the address attribution using its AI-powered “entity prediction” capability.

Arkham’s interface notes that it assigns varying levels of confidence to attributions, effectively treating some wallet-to-person links as hypotheses rather than confirmed identities. That distinction matters for investors and market observers because large transfers often attract immediate speculation, yet wallet ownership can be ambiguous when based on probabilistic clustering or pattern matching.

Cointelegraph reported that it reached out to Arkham for comment but had not received a response by the time of publication.

Why wallet attribution remains hard to verify

In this case, Arkham labels the wallet involved in the transfer as “Tim Draper?” using entity prediction. Arkham’s approach is designed to help users investigate possible ownership, but it also means that even high-profile attributions may not amount to direct evidence.

The wallet’s transaction history, as referenced in the report, shows multiple interactions with Coinbase Prime, including a 1,000 BTC transfer from Coinbase Prime on July 9, 2025. That timing adds to the plausibility of the analytics narrative—yet it still does not remove the core uncertainty: on-chain data can show who moved coins, but it cannot always confirm who ultimately controls them, especially when custody practices, exchange flows, and address management strategies are involved.

Draper’s public rebuttal—“Haven’t touched my BTC”—therefore shifts the story from purely technical analysis back toward the human verification problem. For traders, the practical takeaway is that attribution-driven headlines can move sentiment even when ownership is not independently confirmed.

Draper’s BTC history and the persistence of a $250,000 target

Draper is a long-time Bitcoin bull and has been closely associated with an early, high-visibility purchase. According to Reuters, he won a US Marshals Service auction in 2014 for nearly 30,000 Bitcoin seized from holdings tied to the Silk Road. Forbes reported that Draper paid about $18.7 million—roughly $632 per BTC—for the assets, which were later described as worth around $1.9 billion.

Even as he remains outspoken, Draper’s price forecast has been consistent for years. The $250,000 target is reported as being held since at least 2018, when Draper initially expected Bitcoin to reach that level by late 2022 or early 2023. Cointelegraph notes that Bitcoin’s all-time high to date has not matched that timeline, citing a peak price recorded by CoinGecko of $126,080 on Oct. 6, 2025. At the time of reporting, Bitcoin was trading around $62,530.

The gap between long-dated price targets and realized market timing is not unusual for speculative forecasts, but it does affect how investors should interpret future statements. A target can stay the same while the path—and the timeframe—changes materially, meaning believers should evaluate not just the end number, but the assumptions behind it.

What other market voices are saying

While Draper’s comments and the analytics controversy played out, other notable voices continued to debate Bitcoin’s ceiling. Cointelegraph cited Blockstream CEO Adam Back, who expects Bitcoin could eventually reach between $500,000 and $1 million, arguing that such milestones may be closer than many assume.

Institutional and critical perspectives also remained in the conversation. BlackRock CEO Larry Fink has previously stated that Bitcoin could climb as high as $700,000 if institutional adoption increases significantly. On the other side, Bitcoin critic Peter Schiff has argued that the asset lacks intrinsic value and could ultimately fall to zero.

Meanwhile, retail sentiment instruments reflected more grounded expectations in the near term. Polymarket’s “What price will Bitcoin hit in 2026?” prediction market showed traders pricing the most likely range around $65,000 to $70,000, with bets clustering near $68,000. These market-implied outcomes offer a different lens than celebrity targets: rather than a single endgame number, the odds reflect how participants weigh scenarios for a specific calendar period.

Going forward, readers should watch for two things: whether any follow-up analysis clarifies the attribution confidence around the implicated wallet, and how Draper’s reiterated $250,000 timeline evolves as Bitcoin’s price discovery continues. In cases like this, the on-chain story may change quickly as new traceability and ownership evidence emerges—even when the underlying question remains the same: who controls the keys?

Once among the top performers of the 2021 bull run, Shiba Inu (SHIB) continues to face difficulties after shedding over 95% of its all-time high price. The meme currency, which delivered enormous profits for its early investors, has been trading against a backdrop of strong selling pressure for the past few years due to changed market conditions.

While there has been some positive momentum for SHIB in 2024, hopelessness set back again amid increased economic uncertainties. Now, it is unclear whether SHIB is on the verge of hitting rock bottom or another fall can be anticipated. Despite having faith in the project’s future, there are a number of economic and market reasons that are restricting its potential to recover further.

Economic Situation Further Adds to Pressure on Meme Coins

Shiba Inu was able to start off 2024 well, reaching almost $0.00003 by December as the community expected a new bull run. But it did not last long.

As economic conditions worsened in late 2025 and early 2026 due to inflation, tensions, and slow economic growth, investors became less interested in taking risks. As a result, most of them withdrew money from meme coins.

SHIB fell towards the level of $0.000004, which was one of its lowest values in recent years and canceled out all the gains made by the previous rally. The overall crypto market was also affected as the situation with monetary policy worldwide became unclear.

Policy at the Federal Reserve Remains a Major Threat

Macroeconomic factors will continue to influence the forecast of SHIB’s price.

High inflation has been reported in the country, resulting in the Federal Reserve maintaining its tight monetary policy stance. Although interest rates have not seen changes in the latest meetings of policymakers, many participants in the market see interest rates staying high if inflation persists.

Interest rate hikes usually lead to lower liquidity levels in the financial market as investors tend to shift towards safe investments like government securities and cash. Cryptocurrencies become less popular amid higher interest rates due to their speculative nature. Since meme tokens are the most volatile cryptocurrencies on the market, price fluctuations will be higher if market sentiment declines.

High Supply of Tokens Hinders Price Increases

The next major hurdle that Shiba Inu faces is the huge supply of tokens.

At present, there are around 589 trillion tokens of SHIB in circulation. High token supply makes any significant price appreciation difficult compared to other assets with low token supply.

Even though there are increases in buying activity, it needs heavy demand to accommodate the huge amount of tokens that exist in the market. Despite temporary surges in demand, rallies have been challenging due to the high token supply. Community-initiated token burns keep reducing the supply; however, many experts think the rate is too slow to make any significant difference.

Is There Hope for Shiba Inu to Recover

Even with the current bearish trend, there are various elements that may favor the coin in the long run. Economic growth, lower levels of inflation, and a friendlier monetary policy from the Fed could revive demand for riskier assets. A bullish market for cryptocurrencies would also favor the success of meme coins like Shiba Inu.

One of the major strengths of the project is its massive and highly active community. The token continues to enjoy one of the largest communities in the cryptocurrency space, while development of the ecosystem will further bolster the confidence of investors. Nonetheless, there are numerous people who still hold big unrealized losses after buying the token close to its previous all-time high prices. In the event of a price recovery, some of these investors could dump their tokens during rallies.

Tim Draper, a billionaire venture investor and long-standing Bitcoin advocate, has denied moving any Bitcoin after blockchain analytics reports linked a wallet “possibly” associated with him to a transfer of 1,000 BTC to Coinbase Prime.

Speaking to Cointelegraph on Friday, Draper said he “Haven’t touched my BTC” and reaffirmed his $250,000 Bitcoin price expectation within one year. The exchange of claims underscores how quickly on-chain analytics are shaping public narratives around large transfers—and how difficult it can be to verify wallet ownership independently.

Key takeaways

• Lookonchain said a wallet “possibly linked” to Tim Draper moved 1,000 BTC to Coinbase Prime, citing Arkham address labeling.
• Draper directly denied any involvement, telling Cointelegraph he has not “touched” his BTC.
• Arkham’s attribution is tentative (“Tim Draper?”) and does not publicly detail the basis for linking the wallet to Draper.
• Draper continues to project Bitcoin at $250,000 within a year, a target he has repeatedly stated for years despite earlier misses.
• The episode highlights the growing influence—and limitations—of blockchain analytics in linking real-world identities to on-chain activity.

Analytics ties a large transfer to “Tim Draper?”

The latest controversy began after blockchain analytics platform Lookonchain reported Thursday that a wallet it described as “possibly linked” to Tim Draper transferred 1,000 Bitcoin to Coinbase Prime.

Lookonchain’s report cited Arkham labeling and pointed to the transaction details through Arkham’s explorer. In the same breath, it also emphasized the attribution’s uncertainty—something that matters to investors because wallet-to-identity mapping is often probabilistic rather than definitive.

Arkham labels the relevant wallet as “Tim Draper?”, but the platform does not publicly explain the methodology or evidence behind the classification in the material provided here. Cointelegraph said it reached out to Arkham for clarification on its approach and whether other Draper-linked wallets exist; it had not received a response by publication.

For market participants, the practical takeaway is straightforward: on-chain movement alone does not establish ownership. Even when analytics teams infer connections using clustering heuristics, exchange interaction patterns, or historical ties, those links may remain contestable until verified through additional evidence.

What the transaction history suggests—and what it doesn’t

The case centers on a wallet’s interaction with Coinbase Prime over the past year, including a transfer of 1,000 BTC from Coinbase Prime on July 9, 2025. Arkham’s explorer indicates that this activity occurred when Bitcoin was trading around $115,880 per coin at the time, based on CoinGecko’s historical price chart.

While such exchange-linked movements are commonly interpreted as liquidity or operational behavior, they still do not confirm that the wallet belongs to a specific person. Coinbase Prime is widely used by institutions and high-net-worth entities, and large transfers can reflect a range of custody or trading workflows.

That distinction is crucial. Analytics may be able to show a pattern—such as repeated Coinbase Prime interactions—but proving that pattern belongs to a particular public figure usually requires more than address labeling.

Draper’s denial and his recurring $250,000 target

Draper’s response directly addresses the allegation: “Haven’t touched my BTC,” he told Cointelegraph. In the same statement, he reiterated that he still expects Bitcoin to reach $250,000 within one year.

Supporters of Draper’s long-range thesis may view the denial as a reminder that identity attributions are often uncertain. Critics, meanwhile, may argue that repeated high-profile predictions without timing accuracy weaken the credibility of specific milestones.

Either way, the $250,000 target is not new. The article notes Draper has held the same price target since at least 2018, initially expecting Bitcoin to reach that level by late 2022 or early 2023. According to CoinGecko, Bitcoin’s all-time high to date has been $126,080 on Oct. 6, 2025, and at the time of publication Bitcoin was trading around $62,530.

On the wider market side, other prominent figures continue to frame Bitcoin’s long-term potential differently. Blockstream CEO Adam Back has suggested Bitcoin could eventually reach a much broader range—from $500,000 to $1 million—arguing the timeline may be closer than many expect. BlackRock CEO Larry Fink has also pointed to a scenario where Bitcoin rises significantly if institutional adoption accelerates, saying it could reach $700,000. Meanwhile, Peter Schiff has consistently criticized Bitcoin’s value proposition, arguing it could fall to zero.

How the market is pricing outcomes around 2026

Prediction markets offer a different lens on expectations. Polymarket’s “What price will Bitcoin hit in 2026?” event shows traders clustering the most likely outcomes between roughly $65,000 and $70,000, with bets concentrated near $68,000.

This distribution matters because it reflects what participants are willing to stake on in a near-term window, rather than long-horizon ideology. Draper’s $250,000-on-a-one-year view sits far outside that clustering—and that gap is likely to keep fueling debate around how different parts of the ecosystem frame risk, adoption, and timing.

Still, prediction markets can only tell you what the crowd prices today; they cannot explain why. When on-chain analytics stories and high-profile price calls collide, the resulting attention can blur signal and noise—especially when identity links remain uncertain.

Going forward, the key question is whether analytics providers can strengthen their wallet attribution with additional methodology transparency or corroborating evidence. Until then, readers should treat identity labels as leads—not proof—and watch for how exchanges, analytics platforms, and public figures respond when large transfers involving labeled wallets become public.