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The World Quietly Moves on From the US Dollar

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Decades worth of work which kept the US dollar on a pedestal is being eroded not by manipulation, but by currency weaponization. The White House took sanctions too far despite emerging economies repeatedly calling out the weaponization of the currency. From Russia to Iran and Belarus, among other countries, the White House has sanctioned several countries. The move has crippled their economies bringing businesses and revenues to a standstill making it difficult to conduct financial transactions. Also Read: The US Stock Market Is Closed Today, But Why? The British pound, which was the global currency before the 1940s, had no such problem. While the British Empire was militarily powerful in terms of force, it barely weaponized its currency for trade and transactions. Only the US dollar is pushing its weight against other currencies despite being the widely used tender worldwide. Therefore, the world is now quietly moving on from the US dollar by simply diversifying its central bank reser...

Smart Contract Lock and CertiK Audit: The Driving Factors Behind $FUN’s Breakout

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Shiba Inu Burn Rate at 0%, 600% Whale Surge Follows

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Shiba Inu burn rate dropped to 0% on July 1, 2025, and at the same time, whale transaction volume surged an incredible 600% to 24 trillion SHIB. The SHIB token burn stats show zero activity right now, even though 23,767,887 tokens were actually sent to unspendable wallets, which is creating quite a bit of confusion about the meme coin’s deflationary mechanism. Shiba Inu large transaction analytics dashboard – Source: IntoTheBlock Also Read: When Is the Best Day to Buy Shiba Inu (SHIB)? We Break It Down Shiba Inu Burn Rate Hits Zero While Whale Activity Skyrockets Source: Watcher Guru The Shiba Inu burn rate reached an unprecedented 0% reading on the Shibburn tracking platform, and this marks a significant shift in the token’s deflationary operations. Despite this zero Shiba Inu burn rate, data reveals that 23,767,887 SHIB tokens were actually destroyed through seven separate transactions, with the largest burns involving 5,654,684 SHIB and also 100,000 SHIB respectivel...

Analyst Sees 98% Surge for Top Solana Challenger, Predicts at Least 2x Rally for One SOL-Based Altcoin

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An analyst known for being crowned as a “Master Trader” on the crypto exchange Bybit believes that a huge upside move is in sight for one Solana (SOL) rival. Pseudonymous analyst Bluntz tells his 321,600 followers on the social media platform X that the native asset of the layer-1 protocol Sui (SUI) is in the midst of a new five-wave rally after completing an ABC correction. The trader utilizes the Elliott Wave theory in his technical Analysis . The theory states that a bullish asset tends to witness a five-wave surge after completing an ABC pullback. Says Bluntz, “A lot of alts starting to look crazy good here, SUI definitely one of them.”  Source: Bluntz/X Based on the trader’s chart, he seems to predict that SUI will hit $5.50, a 98% increase from its current value of $2.77. Another altcoin on the trader’s radar is the Solana-based decentralized oracle Pyth Network (PYTH). According to Bluntz, PYTH is flashing a bullish d...

Ethereum Just Got Its MicroStrategy—Tom Lee Bets On Soaring ETH Price

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Gold ETF inflows hit a 2-year record high

Total known holdings in gold exchange-traded funds (ETFs) have surged to their highest level since 2023, breaking a four-year streak of consistent outflows. This renewed investor appetite for gold comes as the Bloomberg Galaxy Crypto Index (BGCI) stagnates near levels last seen in early 2021.  Notably, this divergence is raising concerns about crypto’s ability to reclaim its leadership in the risk-asset space, according to Bloomberg Intelligence senior commodity strategist Mike McGlone. In a June 30 post on X, McGlone shared data showing that as of June 27, 2025, gold ETF holdings had surpassed 104.7 metric tonnes, while the BGCI hovered at 859.95. This metric signals waning investor enthusiasm for major cryptocurrencies. The data indicated a steady rise in gold ETF inflows, contrasting with fading momentum in digital assets. Rising Gold ETF Inflows vs. Languishing Cryptocurrencies – What stops it? Gold ETF holdings have jumped to the highest since...

Rallies Unlike Anything the Market Has Seen About To Kick Off for Crypto, According to Analyst

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A closely followed crypto analyst is predicting a historic rally for altcoin markets based on an unprecedented technical setup. The pseudonymous analyst known as TechDev shares a chart with his 532,000 followers on the social media platform X showing the price action of TOTAL2 – which tracks the total market cap of crypto assets excluding Bitcoin (BTC) and stablecoins – with a Bollinger Band indicator. Bollinger Bands are a technical Analysis tool used to assess price volatility and identify potential breakout or mean-reversion opportunities. When the bands are close together, it suggests that volatility is historically low and the asset is potentially due for a big move. According to TechDev, the Bollinger Bands are tightly contracted for TOTAL2, suggesting that a huge burst to the upside for altcoins is imminent. “Altcoin compression is at a record high. Expansion will be unlike anything the market has seen.” Source: TechDev/X The analyst also b...

Bitcoin down 4% from ATH despite 60% increase in treasuries

The long-awaited era of institutional bitcoin (BTC) adoption has arrived, yet its impact is painfully underwhelming. Despite an extraordinary year of corporate accumulation, record-setting spot ETF inflows, and even the US President Donald Trump ordering plans for a so-called “Strategic Bitcoin Reserve,” BTC has rallied a mere 11% year-to-date. Many investors had anticipated that the bull cycle would have accelerated significantly by now. About six months ago, there were fewer than 70 publicly traded BTC treasury companies. Now there are at least 140. Rather than simply proliferating, existing companies have also been acquiring more BTC. At the start of the year, public companies held 590,649 BTC. Today, they hold 841,603. Not only that, the value of their BTC treasuries has increased 60% from $56 billion to $90 billion today . Michael Saylor’s MicroStrategy (doing business as Strategy) remains a leader in BTC holdings with 592,345 BTC — a 32% incr...

US Received $88 Billion in Revenue Through Tariffs

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The tariffs imposed by President Donald Trump in April have brought the US roughly about $88 billion in revenue. The trade duties imposed by the White House are entering the US economy in larger volumes in June. During a chat with reporters at the Oval Office, Trump stated that congressional experts had informed him that the US was bringing in more revenue than initially anticipated. Also Read: Global Stocks Have Risen 7% YTD in 2025 We are bringing in “much more money than we have scheduled” through revenue from trade tariffs, Trump told reporters. The US “has taken in $88 billion in tariffs,” he said, but did not elaborate the details further. The revenues come after Trump imposed a 90-day pause on tariffs on some retaliatory duties. If the pause on tariffs is lifted in July, the revenue flowing into the US would be much higher. Kevin Hassett, the Head of the National Economic Council at the White House said that the US received $50-60 billion in tariff reven...

Bitcoin Bull Case Advances As BTC Nears ATH, Dollar Index Plunges To 3-Year Low

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The bull case for Bitcoin is gaining momentum as the leading crypto nears its all-time high (ATH) and the US dollar index plunges to its lower level in three years.  The BTC price is up over 2% in the last week after a small gain in the past 24 hours to trade at $107,252.66 as of 7:43 a.m. EST, data from CoinMarketCap shows. This has brought the crypto market leader to just over 4% below its ATH of $111,970.17 that it set on May 22. Analyst Says “Fiat Is Fading” As US Dollar Index Plunges Meanwhile, the US dollar index, which tracks the greenback against a basket of other major fiat currencies, has slid to its lowest level since February 2022 to reach 97.27 earlier today, according to TradingView data .  That’s amid Donald Trump’s calls for the US Federal Reserve to cut interest rates, as well as disappointing data on housing and consumer confidence.  “The dollar index is dabbling in new cycle lows today,” said macroeconomist Lyn...

Pi Coin Dominates Top 100 Charts After Generative AI Tease

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Pi Coin (Pi Network/PI) is currently dominating the top 100 crypto projects by market cap in the daily charts. The asset has rallied 16.6% in the last 24 hours and 11% over the previous month. Despite the big rally, PI is still down by 3.9% in the 14-day charts and 21.1% in the monthly charts. Source: CoinGecko Generative AI Feature Causes Pi Coin Sentiment Boost Source: Watcher.Guru PI’s latest rally is likely due to the team teasing a generative AI feature for the project. The new feature could be launched on Pi2Day, June 28. Generative AI has taken the world by storm over the last few months. The tease may have led to a sudden spike in investor sentiment. According to an X post, one of the two co-founders of the Pi Network project, Nicolas Kokkalis, participated in a generative AI panel at Consensus 2025. The post asked a question as to why Kokkalis participated in said panel. The team said they would answer such questions on Pi2Day. How is GenAI related to Pi Network? Why did ...

Craig Wright still owes $143M two years after Kleiman judgment

Craig Wright still hasn’t paid a $143 million judgment almost two years after it was ordered, and lawyers tasked with getting it back have made no attempt to “enforce sanctions,” according to the brother of Wright’s late friend and associate Dave Kleiman. In a court filing submitted last month, Ira Kleiman claimed that a “stay” issued by W&K Info Defence Research attorneys on June 5, 2024, which paused the deadline for Wright to pay back the fee, is being used to delay the retrieval of millions of dollars in funds. The stay would be lifted if Wright found new counsel or if W&K attorneys permitted it. However, neither has happened 11 months after the stay was issued upon W&K’s counsel’s request. Now, Kleiman says the stay has become a tool for “ indefinite action .” He claims that, despite repeated requests, “Counsel has declined to pursue the sanctions materially undermining the ability to locate and secure assets.” Kleiman added, “This del...

Monster $12 billion flows into XRP in less than a day

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XRP price posted a sharp and technically significant recovery on June 23, climbing from an intraday low of $1.96 to a session high of $2.24, before settling around $2.17 at the time of writing on June 24.  The token’s recovery corresponds to a 7.27% gain on the day, and more critically, a 10.5% increase in market capitalization, rising from $115.99 billion to $128.18 billion, with intraday peaks brushing against $129.80 billion. XRP 1-day market cap. Source: CoinMarketCap Notably, this sharp inflow of capital, roughly $12.19 billion, comes despite a modest pullback in 24-hour spot volume, which decreased by 2.64% to $4.98 billion, indicating that the rally may have been driven more by aggressive bidding across thin liquidity rather than broad-based accumulation.  The volume-to-market cap ratio now sits at 3.87%, which is relatively low given the magnitude of price movement, suggesting the potential presence of large order book imbalances or algorithmic flows ex...