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North America’s first spot XRP ETF is breaking out

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Canada and North America’s first spot XRP exchange-traded fund (ETF), launched by Purpose Investments, is showing signs of strength following a choppy debut. Trading on the Toronto Stock Exchange (TSX), the fund surged 11.89% on June 30, closing at $10.63. Over the past five days, the ETF has gained 6.19%, and since its inception on June 18, it is up 7.37%. XRPP ETF all-time price chart. Source: TradingView This resurgence comes despite the underlying XRP cryptocurrency struggling to break through key resistance levels. The ETF had initially mirrored the broader weakness in XRP, but appears to be decoupling somewhat in recent sessions. The product is only the second spot XRP ETF globally, following Brazil’s Hashdex XRP offering. Purpose Investments charges a management fee of 0.69%, capped at 0.89%, with any cost savings passed on to investors.  Notably, Canadian residents can hold the ETF in tax-advantaged accounts such as TFSAs and RRSPs, making it an att...

Is XRP A Better Hedge Against Inflation Than The US Dollar?

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The US dollar index (DXY) has fallen by more than 10% year-to-date. Ripple’s XRP token, on the other hand, has seen a price increase of 4.81% year-to-date. XRP’s price even breached the $3 mark earlier this year in January before facing a dip. Many expect XRP will prove to be a better hedge against inflation than the USD. Why XRP Could Be A Better Hedge Against Inflation Than The US Dollar Source: Reddit One significant reason why Ripple’s XRP token is a better hedge against inflation than the US dollar is its finite supply. There will only ever be 100 billion tokens. About 59 billion XRP tokens are in circulation right now. The USD, on the other hand, has no fixed supply cap. The central bank can print new money whenever it seems fit. XRP also operates on a decentralized network. This means that there is no central authority. The dollar’s value could change according to US monetary policies. Factors like government spending or quantitative easing play a signific...

Shiba Inu ETF Approval Once Again Delayed: What's Really Going On?

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Shiba Inu’s ETF approval has been delayed again and also as the SEC review process prioritizes other meme coin applications. The latest crypto ETF approval went to PENGU instead, leaving SHIB investors concerned about the impact on SHIB price and also future regulatory prospects at the time of writing. Also Read: What $1,000 in Shiba Inu Could Be Worth If SHIB Hits $0.0007 SEC Review Delay, Crypto ETF Approval Risks, And Shiba Inu Price Source: Funtap, Getty Images PENGU ETF Gets Priority In Latest SEC Review The Cboe BZX Exchange engineered its 19b-4 application yesterday, and also seeking approval for certain critical Canary PENGU ETF developments. This marks another instance where regulatory authorities have restructured Shiba Inu’s ETF approval and in favor of various major newer projects across several key regulatory sectors. Source: Eric Balchunas on X Officials confirmed that the filing officially instituted the regulatory process through multiple strategic framework...

Top Selling NFT Marketplace Coins In June – $Blur Leads In Sales

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The non-fungible token market is indeed showing signs of a rebound, with increased trading volume and user activity reported across various platforms. This recovery follows a period of decline, suggesting renewed investor interest and a potential sustained growth phase for the digital asset sector. In this article, we have listed some of the top-selling non-fungible token marketplace coins amid the broader recovery in the NFT market. 1. $BLUR $Blur, a non-fungible token from the Blur NFT marketplace designed to incentivize and reward platform users, govern the protocol, and facilitate various utility functions enhancing the overall user experience, is the most-traded NFT marketplace token this month. In the past 24 hours, the NFT marketplace coin has amassed a trading sales volume of $13 million. It has a market cap of $168 million. 2. Magic Eden $ME $ME, a non-fungible token coin from the Magic Eden NFT marketplace used within the platform to facilitate cross-chain trading and inc...

‘Trump’s administration has rapidly reshaped US crypto policy’ – Bybit x Block Scholes Report

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A new report shared with Finbold on June 27 by Bybit and Block Scholes highlights how recent U.S. regulatory shifts under President Trump’s administration are accelerating crypto adoption.  The administration has appointed pro-crypto regulators across key agencies, ended major lawsuits that had created regulatory uncertainty, clarified staking rules, and provided support for exchange-traded fund (ETF) approvals. According to the report, these developments could have far-reaching effects on institutional adoption and global regulatory momentum. The GENIUS Act While Bitcoin ETF approvals have dominated headlines, industry analysts suggest the GENIUS Act may prove to be the most consequential development in US crypto policy to date. The legislation establishes a comprehensive legal framework for the issuance of stablecoins, addressing what experts describe as a core infrastructure gap in the digital asset ecosystem. Stablecoins serve as the critical bridg...

Pump Fun lawsuits merged as judge criticizes Burwick Law's fees

A judge has made the decision to merge two lawsuits against memecoin platform Pump Fun into a single case that represents every buyer while cutting potential attorney rewards for legal firms Burwick Law and Wolf Popper. Judge Colleen McMahon filed an order on Wednesday, which consolidated the Kendall Carnahan case, solely representing PNUT token buyers, into the wider-scope Diego Aguilar case.  McMahon previously asked the law firms involved, Burwick Law and Wolf Popper, to explain why they needed two lawsuits and two lead counsels in their legal action against Pump Fun.  In addition to making Aguilar v. Baton Corporation Ltd., dba Pump.Fun the leading case, Judge McMahon also accepted a proposal to make Michael Okafor the lead counsel in this lawsuit. Okafor had lost almost $250,000 on various Pump Fun tokens .  Pump Fun judge questions Burwick Law’s need for two lawsuits Read more: Pump Fun taps high-profile lawyers to battle Burwick lawsuit Pump ...

Deep-sea miner Green Minerals down 92%, wants to buy $1.2B bitcoin

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Moments before Oslo-based deep-sea mining company Green Minerals announced its intention to buy $1.2 billion worth of bitcoin (BTC), its market capitalization was less than $6 million. On the news that it wanted to join the ranks of bitcoin treasury companies like MicroStrategy (MSTR), its stock price quadrupled. Two days since that euphoria, it’s now crashed 58% from that high. Since it went public in March 2021, the company’s shares have collapsed from $3.33 to today’s embarrassing $0.37, placing it categorically in penny stock territory — even after its BTC boost this week. From its 2021 high, the company’s stock has lost 92% of its value. The episode is just the latest in a long line of microcap companies that have announced ostentatious headlines with difficult-to-believe quantities of BTC. Although the company bought four BTC almost immediately after the announcement, it’s a long way away from acquiring its intended 11,184 BTC. Another...

Crypto Analyst Calls for New Bitcoin All-Time High After Brief Dip Below $100,000, Predicts Rallies for Ethereum and WIF

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An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes that Bitcoin (BTC) is now poised for a surge to new record-high levels. Pseudonymous trader Bluntz tells his 321,100 followers on the social media platform X that Bitcoin completed an ABC correction after its brief dip below $100,000 over the weekend. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness new rallies after concluding an ABC pullback. Says the trader, “BTC looking like a nice ABC here, bounced lower channel and reclaimed breakdown range. Send it to all-time high.” Source: Bluntz/X At time of writing, Bitcoin is trading for $106,111. Turning to Ethereum, the trader thinks that the altcoin has printed a low against Bitcoin (ETH/BTC) after also completing an ABC correction. “ETH/BTC has probably bottomed here, in my opinion.” Source: Bluntz/X At time of writing, ETH/BTC is trading fo...

CIS Settles 99% of Payments in Local Currencies, Ignore USD

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Two countries in the Commonwealth of Independent States (CIS) alliance have officially settled 98.9% of all trade payments in local currencies and not the USD. The settlements in local currencies occurred in the first quarter of 2025 indicating that de-dollarization is indeed accelerating. CIS Payments Getting Settled in Local Currencies, USD Being Sidelined Source: Reuters The two CIS countries that paid 98.9% of cross-border transactions in local currencies and not the USD are Russia and Belarus. The member nations revealed that they have completely shifted to using local currencies ending reliance on the USD. The move puts pressure on the greenback as emerging economies are cutting ties with the world’s leading currency. Also Read: Survey Shows Global Faith in US Dollar Is Crumbling “We are increasing the share of mutual payments in national currencies. According to our data, it totaled 98.8% in the first quarter of 2025. In other words, it can be said that we have comple...

World Market: Gold Becomes 2nd Most-Held Reserve—Euro Gets Dethroned

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The world markets have now started to show a stark pivot towards gold, with the yellow metal ending up outpacing competitors like the euro in the process. Gold has now emerged as the second most held reserve in the world, dethroning the euro, all while displaying its robust performance and hedge quality profits over the years. Will the markets continue to favor gold over any other asset? How long will this gold rally last? Will there be another gold competitor in the market? Let’s seek answers to solve such burning queries. Also Read: Central Banks to Accumulate More Gold in Reserves, Cut Down on USD Gold Beats Euro Source: Watcher Guru A new report by the European Central Bank has crowned gold as the 2nd breakout asset after the US dollar. Gold has now emerged as the second most held reserve asset in central banks as global economies encounter rising chaos spurred by the ongoing war crisis. The tumultuous war narratives have pushed the investors to consider gold as the best hedge...

Solana (SOL) and Aptos (APT) Named As Top Candidates for Wyoming’s Proposed Stable Token Program

Wyoming has shortlisted layer one blockchains Solana (SOL) and Aptos (APT) as the main candidates for running the state’s proposed stable token idea. The Wyoming Stable Token Commission (WYST) is a proposed virtual currency representative of and redeemable for one US dollar held in a trust by the state of Wyoming. In a post on the social media platform X, Aptos says that the state is looking to use either chain with Layer Zero infrastructure to deploy a potential stablecoin. “The Wyoming Stable Token Commission has placed Aptos as the highest-scoring blockchain candidate for WYST – the first fiat-backed stablecoin issued by a US State  – tying for 1st place with Solana. WYST will be deployed using Layer Zero…  Aptos is making borderless, always-on finance a reality today with three native USD stablecoins & $30 billion+ in monthly stablecoin volume, supported by sub-second finality and near-zero transaction fees at [around] $0.00055. Follow...

Why Some Still Say The Best Is Yet To Come For Shiba Inu (SHIB)

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Shiba Inu is currently one of the most trending cryptocurrency tokens to explore at the moment. As far as its popularity quotient goes, SHIB requires no further introduction, as the token serves as a beacon for change, with investors continuing to expect it to outperform major market competitors. While Shiba Inu has recently adopted a sluggish price pace, this development is yet to influence the massive SHIB army, which believes Shiba Inu still has a lot more to offer. With the stablecoin development sweeping the current US administrative domain, the Shiba Inu ecosystem is working on a secret weapon in the background, one that could change SHIB’s price trajectory for the better. Here’s why investors are still curious about SHIB and are holding onto the token dearly until now. Also Read: Shiba Inu: Will Leash & Bone Tokens Double in Price Again? Shiba Inu: What’s Cooking? Source: Watcher.Guru The world is now increasingly pivoting towards stablecoins. Touted as the developmen...

Analyst Predicts 20% Ethereum Price Crash Below $2,000, Here’s Why

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Circle Stock Soars 33% As Trump Demands ‘Lightning Fast’ Approval Of GENIUS Stablecoin Act

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Shares of USDC stablecoin issuer Circle surged 33% on Tuesday after the US Senate passed the landmark GENIUS Stablecoin Act and President Donald Trump urged lawmakers to move “lightning fast” to get the bill to his desk. Circle stock (CRCL) closed at $199.59 on the New York Stock Exchange (NYSE), Google Finance data shows, and climbed another 6% in after-hours trading. “Get It To May Desk, ASAP,” Trump Tells Lawmakers The surge in Circle’s stock price came after the Guiding and Establishing National Innovation for US Stablecoins ( GENIUS ) Act passed through the Senate with overwhelming bipartisan support. This landmark bill is the first crypto-focused legislature to pass the Senate, and now heads to the House of Representatives. If the bill passes the House, it will then head to President Trump’s desk for final approval. Trump took to his social media platform Truth Social to urge lawmakers to get the bill to his desk “ASAP – NO DEL...

NFT Gaming Chain Immutable Records +5M Registered Users

The non-fungible token gaming is indeed experiencing significant growth and evolution in 2025, with advancements in blockchain technology, artificial intelligence, and the metaverse driving mainstream adoption. In 2025, NFT gaming is not just thriving- it’s evolving and expanding into exciting heights. In the forefront is the Immutable NFT gaming ecosystem, which has reached a record milestone of 5.2 registered users. Immutable is making web3 gaming great again — Morra Games (@Morragames) June 18, 2025 NFT Gaming Is Back In 2025 Despite suffering a brutal downturn in the past years, NFT gaming is back in 2025 and is now experiencing a comeback of sorts, evolving from its early hype to a more mature and practical application within the Web3 ecosystem. Even though the speculative frenzy around digital art may have subsided, NFTs are now being integrated into various aspects of gaming, including play-to-earn models, metaverse projects, and the creation of unique in-game a...