Crypto World
Squid Distances Itself From $3.2M Third-Party Module Hack
TLDR
- A third-party module exploit drained about $3.2 million from 86 Gnosis Safe wallets.
- Squid confirmed it had no role in deploying or operating the vulnerable contract.
- The attacker bypassed security by using a fake validation string accepted by the module.
- Stolen funds were swapped through Uniswap V3 pools into a worthless attacker-created token.
- The attacker consolidated around $3.07 million in DAI into a single wallet.
A third-party module exploit drained about $3.2 million from 86 Gnosis Safe wallets across Ethereum and Base. Squid clarified it had no role in the vulnerable contract and distanced itself from the incident. Security firms Blockaid and PeckShield confirmed the attack unfolded within roughly two hours.
The compromised contract appeared on Basescan under the name SquidRouterModule. However, Squid stated the module was unrelated to its core infrastructure.
Squid Denies Involvement in Exploited Module
Squid co-founder Fig addressed the issue in a public post on X. He said, “The contract called SquidRouterModule is unrelated to Squid.”
The project explained that its core router remained separate and unaffected. It added that the team had no knowledge of who deployed the contract. The official Squid account also corrected early reports linking the exploit to its system. It stated that the module only shared the name and had no direct connection.
The team emphasized that the product was built by a third party. It said the module integrated with several protocols without prior coordination. Squid confirmed it had no contact with the developers behind the contract. The project maintained that its systems remained secure throughout the event.
Exploit Drained Funds Through Fake Validation and Swaps
According to investigators, the module accepted a caller-supplied string as proof of message security. This flaw allowed attackers to bypass signature verification. Once validated, attackers executed arbitrary calldata from affected Safes. This enabled unauthorized transfers of tokens without owner approval.
Blockaid reported that the attacker used Foundry-based exploit contracts. These contracts impersonated authorized delegates through the module’s DelegateBundler function. The attacker routed stolen assets through Uniswap V3 pools. They swapped tokens into a worthless asset labeled “u.”
After swaps, the attacker removed liquidity from those pools. They then consolidated the funds into about $3.07 million in DAI. PeckShield confirmed the funds now sit in a wallet starting with “0xa447…54859.” The firm also traced initial funding of 2.1 ETH to Tornado Cash.
The incident adds to growing crypto losses in 2026. DeFi platforms have recorded over $770 million in total losses this year. April alone saw around 30 separate incidents. These events resulted in more than $630 million drained from various protocols.
Squid recently raised $6 million in a funding round led by North Island Ventures. Ripple, Dialectic, and Borderless also participated. The project stated it has completed nine independent audits. It also reported 99.99% uptime with no prior exploit incidents.
Crypto World
Dogecoin Price Prediction Recovers as Iran Peace Deal Lifts Meme Coins and Pepeto Builds Fresh Momentum Toward Binance
The Dogecoin price prediction caught a shift on June 15 after President Trump declared the US-Iran peace deal “complete” on June 14, sending a risk-on signal across every asset class and lifting DOGE alongside the broader recovery, per BeInCrypto. Bitcoin surged past $65,000 and the meme sector bounced with it.
Social media speculation around Elon Musk and Pepeto has picked up as SpaceX surged 19% on its Nasdaq debut. The presale crossed $10.2 million at $0.0000001876, the exchange runs live, and the Binance listing approaches while the Dogecoin price prediction stays bearish per CoinCodex. When one meme token loses its engine, the energy finds a new home.
Dogecoin (DOGE) trades at $0.089 per CoinGecko on June 15, up 3.09% as the Iran peace deal lifted risk sentiment. DOGE remains 88% below its all-time high of $0.7376.
The Dogecoin price prediction from Changelly puts the 2026 range at $0.0899 to $0.115, and CoinCodex flags 18 of 30 indicators bearish. DOGE needs a new narrative.
Dogecoin Price Prediction Compared to the Presale Opportunity Pepeto
Why Pepeto Stands Where Dogecoin Stood Before 2021 While Musk Rumors Build
The meme sector spent years loaded with tokens that had nothing behind the ticker. No swap, no bridge, no contract checks. Just noise. The exchange built by the Pepe builder sits on a different level than any other meme coin trading right now, and social media speculation linking Elon Musk to the project keeps building across X and Telegram as SpaceX posts a 19% first-day gain on Nasdaq.
Wallet-draining attacks, trap contracts, and supply dumps that flood the sector all get blocked by Pepeto’s scanning tools. Every order routed through PepetoSwap clears with no deduction taken. Dangerous contracts and malicious wallets get flagged by the scanner before the trade goes through. Assets move between Ethereum, BNB Chain, and Solana through a bridge that charges zero fees.
The presale cleared $10.2 million while fear still gripped the market, priced at $0.0000001876 as the round presses toward its Binance debut. Every audit line passed under SolidProof. The listing path is guided by a veteran who ran token launches at Binance. Staking rewards compound at 170% APY while the exchange build-out keeps rolling.
Early Dogecoin buyers from 2020 turned small amounts into life-changing sums, and none of those holders believes they bought enough. Pepeto is assembling in that exact window right now, and the wallets positioned before the Binance debut become the stories quoted for years after, while latecomers end up paying the listing price to buy from holders who got in early.
Dogecoin (DOGE) Price at $0.089 as Peace Rally Lifts Meme Coins From Multi-Month Lows
Dogecoin (DOGE) trades at $0.089 on June 15 per CoinMarketCap, up 3.09% on the Iran peace signal, with support at $0.08 and resistance at $0.10. The all-time high of $0.7376 stands 719% above, but that needs a full parabolic cycle.
DOGE at $13 billion is a known name delivering slow returns. Pepeto at $10.2 million before a Binance listing carries multiples a $13 billion token cannot match.
Conclusion
Bitcoin sits at $65,695 and the Iran peace deal just flipped risk sentiment positive while the meme sector searches for its next catalyst, because the pattern repeats across every cycle and wealth always lands in the wallets that commit before the crowd catches on. Early DOGE buyers from 2020 turned small positions into life-changing gains because they moved while the market still looked weak.
Pepeto holders compound 170% APY every hour that passes while the Pepe builder steers the project and the Binance listing window tightens with every stage that sells out. Two kinds of wallets walk out of this window, the Pepeto holders who kept adding to their position every day and the empty wallets that remain empty once the listing pushes the entry permanently beyond reach.
The 2020 DOGE holder who put $100 into a meme coin was sitting on roughly $29,000 at the May 2021 peak, and Pepeto at $0.0000001876 before a Binance listing is that same entry returning one more time, only earlier in the cycle and with working tools already shipping. Every hour the presale stays open is one hour closer to a listing that closes this price forever, and the people who wait past this window will see the next Pepeto update on a chart at a price that makes today’s entry look like the opportunity of a lifetime that walked right past them.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the Dogecoin price prediction after the Iran peace deal boosted crypto markets on June 15 2026?
The Dogecoin price prediction from Changelly places the 2026 range at $0.0899 to $0.115, with CoinCodex showing 18 of 30 indicators bearish despite the peace rally. DOGE trades at $0.089 on June 15, up 3.09%, with $0.7376 sitting 719% above.
How does Pepeto compare to Dogecoin as an entry in 2026?
Pepeto is the stronger entry because $10.2 million flowed into the presale at $0.0000001876 with a live zero-fee exchange and a Binance listing approaching, while Dogecoin at $13 billion market cap needs a full narrative reset to deliver comparable returns.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Bitcoin May Rebound to Six-Figures Before October, BTC Price Technicals Suggest
Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September.

BTC/USD daily chart. Source: TradingView
Key takeaways:
- Bitcoin is painting a potential double-bottom and bullish divergence pattern.
- BTC price must break above a resistance confluence near $66,700
Double-bottom hints at 60% BTC price upside
BTC rebounded 13.25% from its local low below $60,000, as a preliminary truce between the US and Iran revived risk appetite across global markets.
The recovery pushed BTC back toward $67,000 on June 15, tracking a broader relief rally in risk assets after the geopolitical breakthrough pressured oil prices lower and reduced near-term inflation fears.
Now, the three-day Bitcoin chart is flashing a potential double-bottom reversal near the $60,000 support zone.
BTC has rebounded from the $60,000 area for the second time in 2026, strengthening the case that buyers are defending the same demand region that previously supported the market during earlier corrections.

BTC/USDT three-day price chart. Source: TradingView
The first bottom formed near the March low, while the latest rebound came after a sharp June sell-off that briefly pushed Bitcoin back toward the same level. As long as BTC holds above the $60,000 support, the double-bottom structure remains active.
The setup’s neckline sits near $81,000, where Bitcoin previously stalled before the latest leg down.
A decisive close above that level would confirm the double-bottom pattern and open the door to a measured move toward $108,000 by August or September, or over 60% from current price levels.
Bitcoin weekly RSI divergence strengthens $100,000 setup
Bitcoin’s weekly chart is showing a bullish divergence between price and the relative strength index (RSI) momentum indicator.
BTC recently made a lower low near the $60,000–$65,000 support zone, but its weekly RSI formed a higher low. That shows sellers pushed the price lower, albeit with less momentum.

BTC/USD weekly chart. Source: TradingView
A similar divergence appeared near Bitcoin’s 2022 bear-market bottom, when RSI recovered before price followed with a multi-month rebound.
In a Monday post, analyst Jelle said Bitcoin may act “similarly to late 2022 in the coming months.”
The current setup now strengthens Bitcoin’s double-bottom case near $60,000. BTC still needs confirmation, with the first big resistance levels near the 20-week EMA at $74,500 and the 50-week EMA around $82,500.
Reclaiming those levels would increase the probability of a summer recovery toward $100,000. While a weekly close below $60,000 would weaken the bullish setup.
Bitcoin bear flag remains a risk
Bitcoin’s short-term chart still leaves room for another downside move before the broader bullish reversal setup confirms.
BTC is testing a resistance confluence formed by the bear flag’s upper trend line and the 20-day EMA (green) near $66,700.
Related: Bitcoin analysis warns over BTC price rejection as $67K approaches
A rejection from this zone could send the price back toward the flag’s lower trend line near $63,600, keeping Bitcoin trapped inside its bearish continuation structure.

BTC/USD daily price chart. Source: TradingView
A decisive daily close below that lower trend line would confirm the bear flag breakdown. Based on the height of the previous sell-off, the measured downside target is $53,850, or about 20% below current prices.
Declining volume during the flag’s formation increases the chances of this scenario, as weak participation often signals that the rebound is corrective rather than impulsive.
Bitcoin whale inflows add downside pressure
The bearish short-term setup also aligns with elevated selling from Bitcoin whales.
CryptoQuant analyst Darkfrost noted that whale inflows to Binance rose sharply after BTC’s latest correction. Large holders sent an average of 3,200 BTC per day to the exchange over the past month, up from 1,200 BTC at the end of April.

Binance inflows by whales holding over 100,000 BTC. Source: CryptoQuant/Darkfrost
“This trend suggests that many large holders increased their selling activity, or at least their willingness to sell, during the recent downturn,” he wrote in a Monday note.
Crypto World
Experts Claim July 4 CLARITY Act Signing Is “Realistically Impossible”, What Happens to Crypto Now?
The Howey test is still the operative legal standard for digital asset classification Clarity ACT in the United States.
The CLARITY Act passed the House on July 17, 2025, with a 294–134 bipartisan vote, and cleared the Senate Banking Committee on May 14, 2026, with a 15–9 vote. No full Senate floor vote has been scheduled.
Eleanor Terrett, host of Crypto in America on Fox Business, stated on June 14, 2026 that a July 4 passage target is “realistically impossible.”

Unresolved ethics provisions, the task of merging the Senate Banking and Agriculture Committee versions, and a 60-vote filibuster threshold are the three structural obstacles standing between the current bill and enacted law. Until those clear, nothing about the legal architecture changes.
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CLARITY Act Senate Floor Vote: Where the Bill Actually Stands
The legislative record is precise. The House passed H.R. 3633 eleven months ago. The Senate Banking Committee approved its version on May 14, 2026.
The Senate Agriculture Committee separately passed its companion measure, the Digital Commodity Intermediaries Act, on January 29, 2026. Staff from both committees are now merging those two versions into a unified bill – a process that has no fixed deadline.
The 60-vote filibuster threshold is not a formality. Senator Angela Alsobrooks voted yes in committee but has explicitly conditioned her final floor vote on the addition of ethics provisions.
That one holdout is enough to signal that the vote count is not yet locked. The North American Securities Administrators Association has formally opposed the bill, arguing it weakens investor protections – adding external pressure on fence-sitting senators.
The operative consequence of all this is straightforward: committee votes do not reclassify tokens. Statutory reclassification requires enacted law. The CLARITY Act’s legislative momentum is real, but momentum and legal effect are different things.
The SEC’s enforcement posture has not changed because it legally cannot change until the bill is signed.
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The post Experts Claim July 4 CLARITY Act Signing Is “Realistically Impossible”, What Happens to Crypto Now? appeared first on Cryptonews.
Crypto World
Nvidia’s $20B Bond Sale Strengthens Bitcoin Miners’ AI Pivot
Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners diversifying beyond crypto.
On Monday, Bloomberg reported that Nvidia is seeking to raise at least $20 billion through a multi-part bond sale to help finance AI-related investments and refinance existing debt.
Citing people familiar with the matter, the report said Nvidia plans to issue notes across seven maturities ranging from two to 30 years, with the longest-dated bonds expected to yield roughly 0.9 percentage points above comparable US Treasury securities.
The offering highlights investors’ continued appetite for financing AI expansion and signals that one of the industry’s most influential companies expects demand for AI infrastructure to remain strong.

Source: Cointelegraph
As the dominant supplier of the GPUs that power large language models, Nvidia sits at the center of the AI ecosystem. Its chips are used extensively by hyperscalers and cloud providers, making the company’s capital spending plans a closely watched barometer for the broader industry.
The sustained AI buildout has also benefited an increasing number of Bitcoin miners, which have begun repurposing their energy-intensive facilities and power infrastructure for high-performance computing and AI hosting.
Companies that once relied almost exclusively on Bitcoin mining revenue, including HIVE Digital, TeraWulf, Hut 8 and CleanSpark, are now positioning themselves as providers of data center capacity, leveraging internal infrastructure and existing power agreements to capitalize on growing demand for computing resources.
Related: Bitcoin mining difficulty drops 10% in 11th largest downward adjustment
BTC mining economics remain under pressure
Bitcoin miners are pursuing AI diversification as the economics of their core crypto business become increasingly challenging, especially in the wake of the April 2024 halving, which intensified margin pressures amid elevated mining difficulty and operating costs.
The industry has faced what some analysts have described as the “harshest margin environment of all time,” prompting many miners to sell portions of their Bitcoin treasuries, reduce leverage and seek new revenue streams beyond cryptocurrency mining.
According to data from TheEnergyMag, Bitcoin miners collectively sold more than 15,000 BTC between October and March.

Bitcoin mining companies’ treasury sales have accelerated since October, when BTC peaked above $126,000. Source: TheEnergyMag
Against this backdrop, analysts expect large miners to evolve into AI infrastructure providers. Bernstein, for example, recently said it expects IREN to derive the vast majority of its value from AI infrastructure, citing the rapid growth of the company’s cloud AI business.
Related: Professional investors dumped 52K BTC worth of ETFs in Q1, filings show
Crypto World
Strategy Buys 1,587 Bitcoin for $100M Below Its Blended Cost Basis, Lifting Stack to 846,842 BTC

Michael Saylor's Strategy bought 1,587 bitcoin for about $100 million last week, its first purchase disclosed since the firm broke a multi-year buying streak with a small sale in late May. The latest coins came in well below the average price Strategy has paid to build the largest corporate bitcoin… Read the full story at The Defiant
Crypto World
CLARITY Act July 4 Deadline Dead as Ethics and Section 604 Talks Collapse
Bipartisan negotiations on the CLARITY Act fractured on two fronts simultaneously last week. A closed-door ethics session collapsed Tuesday without agreement, and a White House-convened law enforcement meeting on Section 604 ended Wednesday with no resolution.
According to Fox Business correspondent Eleanor Terrett, the July 4 passage deadline is logistically dead. With only 31 Senate session days remaining before the August recess and a 60-vote threshold still to clear, the bill now faces a structural coalition problem.
The CLARITY Act cleared the House and the Senate Banking Committee 15–9 on May 14, making it the furthest-advanced piece of crypto regulation in this Congress. That progress masked two fault lines that were never actually closed at the committee stage.
Discover: The Best Crypto to Diversify Your Portfolio
Ethics Enforcement Mechanism Collapses as White House Pulls Back
Senators Kirsten Gillibrand, Ruben Gallego, Bernie Moreno, and Cynthia Lummis met on Tuesday alongside White House Crypto Council Executive Director Patrick Witt. It is reported that they negotiated a provision that would have authorized state attorneys general to initiate civil actions against the DOJ.
Republicans and Witt withdrew support for that mechanism and offered a substitute limiting enforcement authority to the U.S. Attorney General. It’s an offer Democrats rejected as functionally circular, given that the AG serves at the president’s pleasure. Republicans also floated impeachment as a remedy for presidential ethics violations, which Democrats likewise declined.
The provision was a direct response to Trump crypto exposure: Trump family ventures, including World Liberty Financial and associated token issuances, have generated an estimated $2.3 billion across holdings per widely cited public disclosure estimates.
The White House’s reversal on the state AG enforcement clause reflects a judgment that any provision creating a litigation pathway through state-level Democratic attorneys general carries open-ended political liability regardless of how narrowly it is drafted.
This collapse directly reopens the fault line left unresolved during the May 14 markup, when a Van Hollen amendment barring the president, vice president, and members of Congress from issuing or promoting digital commodities failed 13–11 on party lines.
Senators Gallego and Angela Alsobrooks, the two Democrats whose committee votes produced the bill’s nominal bipartisan margin, have both conditioned their floor support on strong ethics provisions, a bar that Tuesday’s walkback made harder to clear, not easier.
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Passage Window Narrows Toward Clarity Act Closure

Eleanor Terrett confirmed that the bill cannot logistically pass Congress by July 4 because it still requires 60 Senate votes, House-Senate reconciliation, and a presidential signature. Coverage tracking the CLARITY Act’s escalating timeline pressure heading into this week underscored how quickly the political window was narrowing.
Prediction markets had previously priced passage above 70%; estimates have since dropped to 45%. The stablecoin yield dispute was previously resolved via a Tillis-Alsobrooks deal, but the ethics and Section 604 tracks remain live and are now fractured simultaneously.
If neither resolves before the August recess, the practical window for 2026 crypto regulation passage may close entirely. The pattern of regulatory deadline pressure is not unique to the Senate: MiCA’s July 1 compliance deadline illustrates how compressed regulatory timelines routinely force markets to price in binary outcomes with limited runway for correction.
Discover: The Best Token Presales
The post CLARITY Act July 4 Deadline Dead as Ethics and Section 604 Talks Collapse appeared first on Cryptonews.
Crypto World
Major Ripple Adoption News Sends XRP’s Price Flying to $1.3
Ripple’s cross-border token continues to make headlines today, as its price has been on a consistent uptrend that lasted hours and peaked at almost $1.30 minutes ago.
The latest more bullish development came earlier today when a major crypto exchange listed the company’s stablecoin, which also includes a pair against XRP.
XRP’s Bullish Move
CryptoPotato listed several reasons earlier today why the popular altcoin took the market-wide revival by storm. At the time, the asset had climbed to just $1.20 on the heels of the new deal between the US and Iran announced by US President Donald Trump, which is supposed to be signed officially by the end of the week.
The other notable reasons included a substantial shift in exchange deposits as Korea emerged as a winner, and the continuous net inflows into the spot XRP ETFs.
Gate.io, one of the largest and most popular cryptocurrency exchanges, added fuel to the bullish fire earlier today by listing RLUSD, Ripple’s other token. Moreover, it added support for XRP/RLUSD on its platform, thus combining both of the company’s assets.
$RLUSD is now live on @Gate_io.$XRP / $RLUSD spot trading pairs are available today, unlocking real interoperability and capital efficiency for digital asset markets worldwide. https://t.co/HHQnfhcMFc
— Ripple (@Ripple) June 15, 2026
Strong Support Continues
The analytics company Santiment also weighed in on XRP’s impressive performance, indicating that today’s surge came after the asset’s sentiment had fallen to multi-month lows. As the analysts have noted countless times in the past, such instances usually offer the most solid trend reversal opportunities.
Furthermore, they explained that the cross-border token continues to benefit from receiving support from its largest holders.
“Our on-chain data indicates that wallets holding at least 1M XRP now hold 74.1% of the entire supply and have accumulated an additional 1.53B coins in just the past six months,” they added.
The analysis also highlights “Ripple’s expanding institutional payment network and growing tokenization initiatives on the XRP Ledger, both of which have helped maintain long-term confidence despite recent price weakness.”
They concluded that when the aforementioned factors align, the price revivals are typically rapid and impressive.
The post Major Ripple Adoption News Sends XRP’s Price Flying to $1.3 appeared first on CryptoPotato.
Crypto World
Most of Ripple’s own stablecoin lives on Ethereum
The majority of the Ripple USD stablecoin is on Ethereum, the top competitor to Ripple’s XRP Ledger.
Indeed, $879 million of the roughly $1.63 billion worth of tokens in circulation sits on Ethereum versus $760 million on the XRP Ledger, a 53-to-47 split in Ethereum’s favor.
Ripple markets its dollar-pegged stablecoin as a flagship of the XRP Ledger’s enterprise readiness, yet an entirely different blockchain minted the majority of the supply.
RLUSD launched in December 2024 with an impressive-sounding New York State Department of Financial Services license.
Unable to fulfill its launch on just the XRPL, Ripple issued tokens natively on two blockchains, pitching XRP as the “home” venue even though Ethereum has hosted the majority of the tokens.
By October 2025, roughly 88% of RLUSD supply lived on Ethereum, with just $91 million on XRPL.
Although Ethereum has ceded some of its dominance to XRPL over the past eight months, XRPL remains in second place.
By the end of 2025, Ethereum’s share was still 81%, roughly $1 billion against $235 million on XRPL. Today, after 18 months of work, XRPL has worked itself up to a 47% share.
Ethereum has the users
On Ethereum, Ripple USD is useful on DeFi applications that dwarf comparable DeFi on XRPL.
For example, Ripple put RLUSD into the Aave V3 lending market in April 2025, where users may deposit it for yield or borrow it for a fee collateralized by other Ethereum-based digital assets.
By late 2025, nearly two-thirds of all RLUSD had been deposited into Aave. RLUSD once ranked as the largest single asset in the protocol’s institutional Horizon market.
Curve and Morpho, other DeFi platforms, also vault hundreds of millions more of Ethereum-based RLUSD.
The transaction record also points to the success of Ripple USD on Ethereum.
RLUSD transfer volume hit a record $18.4 billion in the first quarter of 2026, most of which was not XRPL transactions. Instead, Ethereum provided a larger, wealthier community of DeFi users with deeper liquidity pools.
XRP, the token that fans of XRPL can purchase, captures almost none of the value of RLUSD dominance slowly transitioning away from Ethereum.
Every RLUSD transfer on the XRP Ledger burns a fee of approximately one hundred thousandth of 1 XRP, an amount worth less than $0.0001.
Despite Ripple’s marketing of RLUSD as an institutional settlement token with its home on XRPL, XRP tokenholders enjoy a reduction of supply measured in fractions of fractions of a cent for those settlements.
Read more: Years of hype but still no deal: SWIFT sidesteps XRP again
Ripple’s multi-chain success story for Ethereum
Of course, Ripple CEO Brad Garlinghouse has long argued that finance will run across many blockchains. The company even enlisted the Wormhole cross-blockchain bridge to push RLUSD onto Ethereum layer-2 networks like Coinbase’s Base.
Reserves for the stablecoin are blockchain agnostic, sitting off-chain with the Bank of New York Mellon, which Ripple named as a primary custodian in July 2025.
As of writing time, XRP is trading at $1.27, down 31% from where it started 2026 and 41% over the last year.
The clearest growth story in Ripple’s orbit is a stablecoin whose largest home is Ethereum, the network XRP had hoped to displace.
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Crypto World
XRP Price Prediction: Ripple Jumps 10% as Crypto Total Market Cap Closing $2.4T
XRP price is moving again, and this time, prediction and volume back it up. The token has run 10% in the past 24 hours, pushing through a sequence of resistance levels that had capped the price for weeks, as the total crypto market cap presses toward $2.4 trillion in a risk-on session.

The bullish structure is forming on the XRP chart, and this is something that makes us reassess upside targets that seemed aggressive just days ago.
The breakout was not subtle. XRP climbed from $1.14 to $1.24 today, with volume spiking to 107.6 million XRP at 21:00 UTC. It’s the strongest print since the early-June washout. South Korea’s Upbit accounted for 31% of XRP wallet-flow dominance by June 14, up sharply from 13% a week earlier, showing concentrated Asian demand driving the initial thrust.
Simultaneously, the cumulative net inflows into XRP ETF products have now reached approximately $1.4 billion since launch. Can XRP sustain the volume? Is XRP price prediction getting bullish now?
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XRP Price Prediction: $3.00 Soon?
XRP is trading around $1.24 with a 10% daily gain. Intraday highs during the latest surge touched the $1.25 range. The run above the resistance is characteristic of a market that was underpositioned on the long side. Those who tried to catch short got squeezed, and the cascade accelerated the move.
Technically, the key structural shift came when XRP cleared $1.2 on heavy volume, confirming a bull-flag breakout and flipping what had been overhead supply into near-term support.
Immediate support zones now sit at $1.2, with deeper structure at $1.18 on higher timeframes. Resistance bands to clear are $1.3–$1.32 first, then the more significant $1.5 zone that would confirm a larger trend reversal rather than just a relief rally.
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Bitcoin Hyper Targets Early Mover Upside as XRP Trying to Break Resistance
XRP’s 10% run is real, but at a $77 billion market cap, the math on a 10x from here requires a thesis most institutions aren’t ready to rubber-stamp yet. Traders hunting asymmetric upside are increasingly scanning earlier-stage infrastructure plays where the valuation hasn’t already priced in success.
Bitcoin Hyper ($HYPER) is one project drawing attention in that context. It’s positioning as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, targeting the core limitations holding Bitcoin back: slow throughput, high fees, and the absence of programmable smart contracts.
The architecture delivers sub-second finality and low-cost execution while preserving Bitcoin’s underlying security model through a Decentralized Canonical Bridge for BTC transfers.
The presale has raised $32 million at a current token price of $0.0136, with staking available for early participants.
Research Bitcoin Hyper at the official presale page before the presale ends.
The post XRP Price Prediction: Ripple Jumps 10% as Crypto Total Market Cap Closing $2.4T appeared first on Cryptonews.
Crypto World
BitMine Adds to ETH Treasury as Bear-Market Accumulation Nears $10B
BitMine Immersion Technologies has continued adding to its Ethereum position despite a persistent downturn in crypto markets. In a report filed on Monday, the crypto treasury company said it purchased 76,881 ETH over the prior week, further lowering (or at least supporting) its overall cost basis as Ether moved in a volatile range during that period.
The acquisition brings BitMine’s total holdings to 5,620,754 ETH, with an average purchase price of $1,718. While the company has been steadily accumulating through bearish conditions, the scale of its exposure means the treasury remains deeply sensitive to ETH price swings—especially as its strategy relies on both asset ownership and staking-related yield.
Key takeaways
- BitMine bought 76,881 ETH in the last week, bringing holdings to 5,620,754 ETH at an average cost of $1,718.
- At around Monday’s reported market price of $1,843.69, BitMine’s ETH portfolio is valued near $10.2 billion, with an estimated unrealized loss close to $9 billion.
- BitMine controls about 4.66% of ETH’s circulating supply and is moving closer to its stated 5% target (based on 120.68 million circulating ETH).
- The company has staked more than 4.1 million ETH, generating recurring rewards that can continue even when spot prices weaken.
- Ethereum’s environment is under strain not only from price performance but also from structural concerns around layer-2 economics and Ethereum Foundation departures.
BitMine keeps accumulating as ETH trades below prior levels
According to BitMine’s Monday disclosure, the treasury added 76,881 ETH over the preceding week. The purchases took place during a period when Ether briefly dipped below $1,600, according to Cointelegraph’s reference to price action. The broader point, as emphasized by the company’s ongoing behavior, is that accumulation has continued regardless of whether ETH is rebounding or falling.
As of the latest reporting, BitMine’s average acquisition price stands at $1,718. At the time CoinMarketCap data was referenced (Ether trading at $1,843.69 on Monday), the company’s ETH stash was estimated at roughly $10.2 billion.
That figure also highlights the trade-off inherent in a long-duration treasury approach: DropsTab data cited in the report indicates BitMine is sitting on an unrealized loss of nearly $9 billion at current prices. For investors watching large-ETH holders, this matters because it illustrates how treasury strategies can be simultaneously yield-oriented (through staking) and mark-to-market exposed when market conditions deteriorate.
Approaching a “large holder” milestone—while staking supplies yield
BitMine’s latest purchases bring it closer to a stated ambition: owning 5% of Ethereum’s total circulating supply. Based on the cited circulating figure of 120.68 million ETH, the company controls approximately 4.66% after the most recent acquisition.
Just as important is the company’s staking footprint. The report notes that BitMine has staked more than 4.1 million ETH, worth about $8.1 billion at current prices at the time of writing. Staking allows the treasury to earn protocol rewards by helping secure the Ethereum network, creating a more stable stream of yield compared with holding un-staked assets.
In practice, that means BitMine’s economics are not tied purely to whether ETH spot rises or falls. Even during weaker price periods, staking rewards can partially offset losses—though they do not remove the underlying exposure to ETH’s market price.
ETFs face outflows as Ethereum’s broader fundamentals come under scrutiny
BitMine’s accumulation is unfolding amid a wider backdrop that has been difficult for Ethereum-related products. The article links the treasury’s pressure to this year’s selloff in digital asset prices, pointing to spot Ether exchange-traded funds (ETFs) that recorded four consecutive days of net outflows “last week.” It also notes that selling pressure has persisted since early May, with daily net outflows exceeding $60 million on several occasions.
In the US market, BlackRock’s iShares Ethereum Trust ETF (ETHA) is cited as the largest US-listed ETH ETF, with net assets of $4.75 billion. The filing is described as representing 2.36% of crypto’s circulating supply, with its trend referenced via SoSoValue charts.
The key tension for readers is that large-scale accumulation by a treasury entity does not automatically translate into improved ETF demand or stronger near-term flows. ETF outflows can signal that many investors remain focused on risk reduction or wait-and-see positioning, even as some participants continue adding to long-term holdings.
Beyond price: layer-2 fee dynamics and Ethereum Foundation turnover
While spot performance and fund flows matter, the report argues that Ethereum also faces structural uncertainties. One concern raised is the effect of Ethereum’s layer-2 scaling strategy. As more transaction activity moves to layer-2 networks, the Ethereum mainnet captures less transaction-fee revenue and burns less ETH. Since parts of Ethereum’s monetary narrative are tied to fee burning, reduced burn could weaken deflationary dynamics relative to prior expectations.
Separately, the article points to internal changes at the Ethereum Foundation. It says that at least nine senior leaders, researchers, and core contributors have departed the nonprofit so far this year—described as one of the largest waves of talent attrition in its history. The departures are framed as coinciding with an organizational overhaul and renewed community debate over Ethereum Foundation governance, strategic direction, and its long-term role in the ecosystem.
For market participants, this type of organizational churn can matter less for day-to-day price moves and more for expectations around development priorities and execution risk—especially in a period where scaling, fee capture, and long-term network economics are already being debated.
What to watch next
BitMine’s next disclosures will be important to monitor for changes in acquisition pace and how much of its growing ETH exposure remains staked. At the same time, Ethereum investors should keep an eye on ETF flow trends and the evolving debate around layer-2 economics—alongside any further transparency around Ethereum Foundation staffing and governance—as these factors collectively shape confidence in the network’s longer-run trajectory.
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White House Official Patrick Witt says they're aiming to pass crypto Clarity Act by July 4th.
BREAKING:
(@cryptovicetom)
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