Analyst: A weaker dollar may help Bitcoin rise again
LMAX Group strategist Joel Kruger said in a report that the weakness of the dollar, coupled with an increase in investors' risk appetite, could help boost Bitcoin again. Bitcoin fell 1.7% due to trade uncertainties and concerns over tensions in the Middle East. The dollar index dropped to a three-year low of 97.789. "The weakness of the dollar is generally favorable for cryptocurrencies, and as investors shift back to higher-risk assets, the potential rebound of Bitcoin and Ethereum will be supported." ( Jin Shi )
Brazilian listed company Méliuz raises $32.5 million to increase Bitcoin holdings
According to Bitcoin Magazine, Brazilian publicly traded company Méliuz raised $32.5 million to increase its Bitcoin holdings.
Galaxy Digital CEO: Bitcoin will replace gold
The CEO of Galaxy Digital stated that Bitcoin will replace gold, reaching a price of 1 million dollars.
Coinbase CEO: Bitcoin may become the world's reserve currency
Coinbase CEO Brian Armstrong stated that Bitcoin could become the world's reserve currency.
Japanese game developer Gumi acquires $6.96 million Bitcoin
According to Bitcoin Magazine, Japanese mobile game studio Gumi purchased Bitcoin worth 1 billion yen (approximately 6.96 million USD).
Ethereum
Trump Financial Report: Holds $1-5 million in Ethereum wallet assets, Trump holds exclusive member rights in WLFI Company
According to the 2025 financial report of Trump disclosed by the U.S. Office of Government Ethics (OGE), Trump holds Ethereum cold wallet assets worth between $1,000,001 and $5,000,000. In addition, his other Ethereum wallet stores 15.75 billion WLFI tokens. Trump holds the sole member equity of WLFI company.
In addition, its subsidiary DT Marks Defi LLC holds 75% ownership of WLFI, while the three investors account for 25%. World Liberty Financial, Inc. mainly owns the WLFI protocol and governance platform, as well as related token reserves, digital wallets, and intellectual property.
As of December 31, the founders of WLFI are entitled to sign certain service agreements, and currently, WLFI has raised $57,355,532 through token sales.
The Ethereum Foundation donated $500,000 to Tornado Cash co-founder Roman Storm to address the trial in July
One of the co-founders of Tornado Cash, Roman Storm (, is raising defense funds for his upcoming trial starting on July 14 in New York, with a target amount of $2 million. The Ethereum Foundation announced a donation of $500,000 to support Roman Storm's defense. The Ethereum Foundation also stated that it will "receive up to an additional $750,000 in donations from the community."
Yili Hua: BlackRock Bets on Ethereum RWA, ETH Rises as a Necessity for Safety
Yi Lihua, founder of LD Capital, said in an article on the X platform, "Another reason for ETH bullishness, BlackRock issued BUIDL, a tokenized money market fund, with its custodial treasury bonds and repurchase agreements as the underlying assets, the current scale of the fund is about 2.9 billion US dollars, of which 2.68 billion are deployed on Ethereum, accounting for more than 92%. BlackRock's stock of short-term bonds and similar assets is about 1 trillion yuan, and the market penetration rate of this fund is less than 1,000. However, the current attack cost on Ether is still too low, as a POS chain, the number of pledges on Ethereum in June is 34.65 million, close to 30% of the circulating supply, that is to say, the total circulation is 11,550, and the attacker needs to master 34% of the staking equity, which is about equal to about 10% of the circulating market value of Ether, that is to say, the attack cost is only 31.5 billion, and now the RWA scale of BlackRock's stock on Ethereum has reached 2.68 billion. As the scale of RWA rises, Ethereum must also rise, otherwise it will not be able to open up the market value space of assets issued on the chain. BlackRock's issuance of Ethereum ETFs and its increasing holdings are aimed at driving up the price of Ethereum, prompting Ethereum-staking ETFs to increase their control over the staked treasury to improve the security of its deployment of RWA assets on Ethereum. ”
According to a report on May 27, Trend Research, under Yi Li Hua, stated that after establishing a position in ETH at 1400 USD and publishing a bullish research report at 1800 USD, they remain confident in the prospects of ETH and its blue-chip ecological assets. Yi Li Hua said, "We have always maintained a bullish outlook and increased our position in ETH consistently."
Ethereum NFT trading volume rebounds to 2022 levels
The total number of Ethereum NFT traders has recently surged to nearly 40,000, approaching the numbers from June 2022. This spike coincides with the end of the OpenSea OS2 beta and the launch of the rewards program.
Matrixport: Leverage is the main driving force behind the current Ethereum price trend
Matrixport released its daily icon analysis stating that the funding rate for Ethereum has surged to 13.7%—the highest level since February, which typically attracts capital inflows into Ethereum ETFs, and such inflows are often seen as a bullish signal. However, a more important signal is that the open interest in futures contracts is nearing the peak expected in December 2024, indicating that leveraged futures traders, rather than spot buyers, are the main drivers of the current price movement.
This stands in stark contrast to Bitcoin, where the spot demand remains the main driving force. A factor exacerbating this situation is the surge in bullish options buying, which has introduced significant gap risk to the ETH price movements due to the resulting Gamma hedging. The market is becoming increasingly fragile and extremely sensitive to further momentum changes.
Other Projects
Coinbase: Will launch its first credit card, Coinbase One Card, on the American Express network
The cryptocurrency exchange Coinbase has announced that it will launch its first credit card, the Coinbase One Card, within the American Express network. This card is limited to Coinbase One members in the United States. Each purchase transaction will earn up to 4% cashback in Bitcoin. More information will be revealed in the fall of 2025.
Cornell University launches the "Liquefaction" use case for the first time, allowing users to borrow tokens without ownership.
Researchers at Cornell Tech have proposed a cutting-edge conceptual use case that challenges a core assumption of blockchain security: only private key holders can control digital assets. The application, called "Take My Ape," employs a process known as "Liquefaction" that allows users to temporarily access blockchain assets (such as Bored Ape NFTs) without actually owning them. The project was launched on June 11, coinciding with the tenth anniversary of the Initiative for Cryptocurrencies and Contracts (IC3).
Cross-chain infrastructure development company OneBalance completes $20 million Series A funding
The cross-chain infrastructure development company OneBalance announced the completion of a $20 million Series A funding round, led by Cyber Fund and Blockchain Capital, with participation from Mirana Ventures and L2IV, bringing its total funding to $25 million to date. OneBalance aims to enhance the user experience of Web3 products through its cross-chain integration product Toolkit, which allows developers to enable seamless cross-chain transactions for users (such as transferring assets or earning yields) without requiring users to monitor cross-chain bridges or gas fees.
BitFuFu plans to launch a $150 million ATM financing
Bitcoin mining and cloud mining service provider BitFuFu has launched a new market )ATM( stock issuance plan, aiming to raise up to 150 million dollars. According to the documents submitted to the SEC, the company signed an ATM sales agreement with B Riley Securities, Cantor Fitzgerald, Northland Securities, and Roth Capital Partners on June 10. According to the agreement, BitFuFu may issue and sell Class A common stock irregularly through the above-mentioned agencies as needed, and the stock will be sold on NASDAQ or other trading markets.
The communication platform Towns Protocol has completed an additional $3.3 million in financing, led by Coinbase Ventures and echo
On June 10, news came that the communication platform Towns Protocol has completed an additional financing of $3.3 million, led by Coinbase Ventures and echo, with the funding having been completed in April of this year.
In April of this year, Towns Protocol announced the completion of a $10 million Series B funding round, led by a16z crypto, with participation from Coinbase Ventures, Benchmark, and others.
Towns Protocol is built on the Base network and aims to promote the development of Web3 social and collaboration tools. Towns hopes to create a digital town square through decentralization and Web3, where members can define boundaries, set rules, and build the world they desire, with users becoming the masters of the digital town square.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
The weakening of the US dollar may help BTC pump. Trump owns 1-5 million USD worth of ETH.
Bitcoin
Analyst: A weaker dollar may help Bitcoin rise again
LMAX Group strategist Joel Kruger said in a report that the weakness of the dollar, coupled with an increase in investors' risk appetite, could help boost Bitcoin again. Bitcoin fell 1.7% due to trade uncertainties and concerns over tensions in the Middle East. The dollar index dropped to a three-year low of 97.789. "The weakness of the dollar is generally favorable for cryptocurrencies, and as investors shift back to higher-risk assets, the potential rebound of Bitcoin and Ethereum will be supported." ( Jin Shi )
Brazilian listed company Méliuz raises $32.5 million to increase Bitcoin holdings
According to Bitcoin Magazine, Brazilian publicly traded company Méliuz raised $32.5 million to increase its Bitcoin holdings.
Galaxy Digital CEO: Bitcoin will replace gold
The CEO of Galaxy Digital stated that Bitcoin will replace gold, reaching a price of 1 million dollars.
Coinbase CEO: Bitcoin may become the world's reserve currency
Coinbase CEO Brian Armstrong stated that Bitcoin could become the world's reserve currency.
Japanese game developer Gumi acquires $6.96 million Bitcoin
According to Bitcoin Magazine, Japanese mobile game studio Gumi purchased Bitcoin worth 1 billion yen (approximately 6.96 million USD).
Ethereum
Trump Financial Report: Holds $1-5 million in Ethereum wallet assets, Trump holds exclusive member rights in WLFI Company
According to the 2025 financial report of Trump disclosed by the U.S. Office of Government Ethics (OGE), Trump holds Ethereum cold wallet assets worth between $1,000,001 and $5,000,000. In addition, his other Ethereum wallet stores 15.75 billion WLFI tokens. Trump holds the sole member equity of WLFI company. In addition, its subsidiary DT Marks Defi LLC holds 75% ownership of WLFI, while the three investors account for 25%. World Liberty Financial, Inc. mainly owns the WLFI protocol and governance platform, as well as related token reserves, digital wallets, and intellectual property. As of December 31, the founders of WLFI are entitled to sign certain service agreements, and currently, WLFI has raised $57,355,532 through token sales.
The Ethereum Foundation donated $500,000 to Tornado Cash co-founder Roman Storm to address the trial in July
One of the co-founders of Tornado Cash, Roman Storm (, is raising defense funds for his upcoming trial starting on July 14 in New York, with a target amount of $2 million. The Ethereum Foundation announced a donation of $500,000 to support Roman Storm's defense. The Ethereum Foundation also stated that it will "receive up to an additional $750,000 in donations from the community."
Yili Hua: BlackRock Bets on Ethereum RWA, ETH Rises as a Necessity for Safety
Yi Lihua, founder of LD Capital, said in an article on the X platform, "Another reason for ETH bullishness, BlackRock issued BUIDL, a tokenized money market fund, with its custodial treasury bonds and repurchase agreements as the underlying assets, the current scale of the fund is about 2.9 billion US dollars, of which 2.68 billion are deployed on Ethereum, accounting for more than 92%. BlackRock's stock of short-term bonds and similar assets is about 1 trillion yuan, and the market penetration rate of this fund is less than 1,000. However, the current attack cost on Ether is still too low, as a POS chain, the number of pledges on Ethereum in June is 34.65 million, close to 30% of the circulating supply, that is to say, the total circulation is 11,550, and the attacker needs to master 34% of the staking equity, which is about equal to about 10% of the circulating market value of Ether, that is to say, the attack cost is only 31.5 billion, and now the RWA scale of BlackRock's stock on Ethereum has reached 2.68 billion. As the scale of RWA rises, Ethereum must also rise, otherwise it will not be able to open up the market value space of assets issued on the chain. BlackRock's issuance of Ethereum ETFs and its increasing holdings are aimed at driving up the price of Ethereum, prompting Ethereum-staking ETFs to increase their control over the staked treasury to improve the security of its deployment of RWA assets on Ethereum. ” According to a report on May 27, Trend Research, under Yi Li Hua, stated that after establishing a position in ETH at 1400 USD and publishing a bullish research report at 1800 USD, they remain confident in the prospects of ETH and its blue-chip ecological assets. Yi Li Hua said, "We have always maintained a bullish outlook and increased our position in ETH consistently."
Ethereum NFT trading volume rebounds to 2022 levels
The total number of Ethereum NFT traders has recently surged to nearly 40,000, approaching the numbers from June 2022. This spike coincides with the end of the OpenSea OS2 beta and the launch of the rewards program.
Matrixport: Leverage is the main driving force behind the current Ethereum price trend
Matrixport released its daily icon analysis stating that the funding rate for Ethereum has surged to 13.7%—the highest level since February, which typically attracts capital inflows into Ethereum ETFs, and such inflows are often seen as a bullish signal. However, a more important signal is that the open interest in futures contracts is nearing the peak expected in December 2024, indicating that leveraged futures traders, rather than spot buyers, are the main drivers of the current price movement. This stands in stark contrast to Bitcoin, where the spot demand remains the main driving force. A factor exacerbating this situation is the surge in bullish options buying, which has introduced significant gap risk to the ETH price movements due to the resulting Gamma hedging. The market is becoming increasingly fragile and extremely sensitive to further momentum changes.
Other Projects
Coinbase: Will launch its first credit card, Coinbase One Card, on the American Express network
The cryptocurrency exchange Coinbase has announced that it will launch its first credit card, the Coinbase One Card, within the American Express network. This card is limited to Coinbase One members in the United States. Each purchase transaction will earn up to 4% cashback in Bitcoin. More information will be revealed in the fall of 2025.
Cornell University launches the "Liquefaction" use case for the first time, allowing users to borrow tokens without ownership.
Researchers at Cornell Tech have proposed a cutting-edge conceptual use case that challenges a core assumption of blockchain security: only private key holders can control digital assets. The application, called "Take My Ape," employs a process known as "Liquefaction" that allows users to temporarily access blockchain assets (such as Bored Ape NFTs) without actually owning them. The project was launched on June 11, coinciding with the tenth anniversary of the Initiative for Cryptocurrencies and Contracts (IC3).
Cross-chain infrastructure development company OneBalance completes $20 million Series A funding
The cross-chain infrastructure development company OneBalance announced the completion of a $20 million Series A funding round, led by Cyber Fund and Blockchain Capital, with participation from Mirana Ventures and L2IV, bringing its total funding to $25 million to date. OneBalance aims to enhance the user experience of Web3 products through its cross-chain integration product Toolkit, which allows developers to enable seamless cross-chain transactions for users (such as transferring assets or earning yields) without requiring users to monitor cross-chain bridges or gas fees.
BitFuFu plans to launch a $150 million ATM financing
Bitcoin mining and cloud mining service provider BitFuFu has launched a new market )ATM( stock issuance plan, aiming to raise up to 150 million dollars. According to the documents submitted to the SEC, the company signed an ATM sales agreement with B Riley Securities, Cantor Fitzgerald, Northland Securities, and Roth Capital Partners on June 10. According to the agreement, BitFuFu may issue and sell Class A common stock irregularly through the above-mentioned agencies as needed, and the stock will be sold on NASDAQ or other trading markets.
The communication platform Towns Protocol has completed an additional $3.3 million in financing, led by Coinbase Ventures and echo
On June 10, news came that the communication platform Towns Protocol has completed an additional financing of $3.3 million, led by Coinbase Ventures and echo, with the funding having been completed in April of this year. In April of this year, Towns Protocol announced the completion of a $10 million Series B funding round, led by a16z crypto, with participation from Coinbase Ventures, Benchmark, and others. Towns Protocol is built on the Base network and aims to promote the development of Web3 social and collaboration tools. Towns hopes to create a digital town square through decentralization and Web3, where members can define boundaries, set rules, and build the world they desire, with users becoming the masters of the digital town square.